2024-11-13T09:26:26-06:00 2023-12-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 848 MINOT ND 587020848 990 2023-01-01 450390238 BETHEL LUTHERAN FOUNDATION BETH 7015720223 56 22ND ST W 3 WILLISTON ND 58801 KEEFE LOVGREN FOUNDATION DIRECTOR 7015720223 2024-11-13 1 1 DARYL HEIZELMAN P00019837 7018520196 2024-11-13 2023 2024-10-15 13:58:12Z KEEFE LOVGREN 56 22ND ST W 3 WILLISTON ND 58801 4112464 0 X HTTP://BLNRC.COM/FOUNDATION X 1986 ND ENDOWING AND SUPPORTING BETHEL LUTHERAN NURSING AND REHABILITATION CENTER. 5 5 10 0 0 0 130400 303238 592289 608002 290909 417906 850712 1128664 1864310 2457810 66398 2613689 0 0 336753 408933 0 0 41027 480115 585793 883266 3608415 981044 -1150605 13641990 13418424 143920 170797 13498070 13247627 ENDOWING AND SUPPORTING BETHEL LUTHERAN NURSING & REHABILITATION CENTER. 0 0 3244050 2613689 608002 THE ORGANIZATION WAS FORMED TO SUPPORT BETHEL LUTHERAN NURSING AND REHABILITATION CENTER, IN WHICH THEY ANNUALLY PROVIDE FINANCIAL SUPPORT.THE FOUNDATION ALSO CONDUCTS ACTIVITIES TO SUPPORT THE SENIOR CITIZENS OF THE COMMUNITY, TO INCLUDE THOSE AT BETHEL LUTHERAN NURSING AND REHABILITATION CENTER. 3244050 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X KEEFE LOVGREN 7015720223 56 22ND ST W 3 WILLISTON ND 58801 STUART LANGAGER PRESIDENT 1.00 X X 0 0 0 KEN KJOS VICE PRESIDENT 1.00 X X 0 0 0 AARON SCHMIT SECRETARY/TREASURER 1.00 X X 0 0 0 TINA HANSON DIRECTOR 1.00 X 0 0 0 RUTH CARLSON DIRECTOR 1.00 X 0 0 0 KEEFE LOVGREN EXECUTIVE DIRECTOR 40.00 X 67958 0 2389 67958 0 2389 0 0 0 0 0 303238 303238 RENTAL REVENUE 623990 608002 608002 608002 315150 315150 1126929 1126929 1757410 1654654 102756 102756 102756 GAIN ON ANNUITIES 523000 1735 1735 1735 2457810 608002 0 1546570 2613689 2613689 339764 184128 155636 19697 6106 13591 49472 39646 9826 21161 21161 11442 11442 44612 44612 11919 11919 83281 79653 3628 186593 186282 311 53279 51144 2135 REPAIRS & MAINTENANCE 57942 57942 SERVICE FEES 43307 43307 FUNDRAISING 41027 41027 FOOD SUPPLIES 24650 24650 6580 810 5770 3608415 3244050 323338 41027 3164461 2094218 48716 52104 1392 0 27818 30178 5470641 3433733 2199422 2036908 8198793 9203564 1388 1452 13641990 13418424 51527 84314 7786 1860 84607 84623 143920 170797 X 11038024 11437273 2460046 1810354 13498070 13247627 13641990 13418424 -1150605 942862 -42700 0 X X 0 1 X 1 0 X X 1 BETHEL LUTHERAN NURSING AND REHABILITATION CENTER 450230141 10 1 2499988 0 1 2499988 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION D, LINE 3: AT THE END OF 2023, THE BETHEL LUTHERAN FOUNDATION BOARD WAS COMPRISED OF FIVE BOARD MEMBERS. BECAUSE OF THE SMALL SIZE OF THE BOARD, ALL BOARD MEMBERS ARE ACTIVELY INVOLVED IN ALL FUNCTIONS OF THE BOARD. THE BETHEL FOUNDATION DIRECTOR ALSO ATTENDS THE MONTHLY BETHEL LUTHERAN NURSING AND REHABILITATION CENTER BOARD MEETINGS AND PRESENTS A REPORT PRIOR TO THEIR MONTHLY MEETINGS. DIALOG BETWEEN THE ORGANIZATIONS IS OPEN AND THE FOUNDATION'S SUPPORTING RELATIONSHIP HAS FUNCTIONED WELL SINCE ITS INCEPTION IN 1985. PART IV, SECTION E, LINE 2A: BETHEL LUTHERAN FOUNDATION OWNS APPROXIMATELY 62 SENIOR APARTMENTS IN THREE SEPARATE FACILITIES LOCATED IN WILLISTON, ND. THE APARTMENTS ARE BOTH MARKET RATE AND PART OF THE SECTION 42 LOW INCOME HOUSING TAX CREDIT (LIHTC) PROGRAM. OUR APARTMENTS ALSO OFFER SEVERAL OPTIONS FOR FOOD SERVICE TO HELP ASSURE PROPER NUTRITION FOR OUR TENANTS. IT WAS IMPORTANT TO INCLUDE THE LIHTC UNITS IN OUR MIX OF SENIOR PREFERRED APARTMENTS SO THAT WE COULD OFFER QUALITY SENIOR HOUSING OPTIONS IN OUR COMMUNITY THAT WERE AFFORDABLE. BETHEL FOUNDATION HAS KEPT OUR SENIOR PREFERRED APARTMENTS (INCLUDING MARKET RATE) VERY AFFORDABLE TO OUR TENANTS. MANY OF THE TENANTS WE SERVE IN OUR APARTMENTS WOULD HAVE BEEN SERVED BY THE NURSING FACILITY IN THE 1950, 60, & 70'S. AT THAT TIME THERE WERE NO OTHER OPTIONS FOR SENIORS IN OUR COMMUNITY OTHER THAN BETHEL LUTHERAN NURSING AND REHABILITATION CENTER. TODAY MORE OF THESE SENIORS ARE ABLE TO REMAIN INDEPENDENT AND UN-INSTITUTIONALIZED LONGER BECAUSE OF THE SENIOR LIVING APARTMENTS. THE ACTIVITIES OF THE FOUNDATION ARE DIRECTLY FURTHERING THE EXEMPT PURPOSE OF THE BETHEL LUTHERAN NURSING AND REHABILITATION CENTER IN ITS TRUEST MEANING - MINISTERING TO THE PHYSICAL, SPIRITUAL, AND EMOTIONAL NEEDS OF EACH PERSON. PART IV, SECTION E, LINE 2B: IF THE ORGANIZATION DID NOT CONDUCT THE ACTIVITIES DESCRIBED IN SECTION E, LINE 2A, THE SUPPORTED ORGANIZATION WOULD HAVE TO DIRECTLY UNDERTAKE THE ACTIVITIES OF MANAGING THE ENDOWMENT, PROVIDING HOUSING FOR ELDERLY, AND GRANT MAKING. THE SUPPORTED ORGANIZATION WAS FORMED TO PROVIDE FOR HEALTHCARE NEEDS OF THE REGION. THE SUPPORTED ORGANIZATION IS PROVIDING FOR THE HEALTHCARE NEEDS OF THE REGION THROUGH THE USE OF THE ORGANIZATION AND ITS ACTIVITIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7804287 -753620 7050667 7788268 5000 11019 7804287 6615202 1173066 7788268 5447128 5000 1163074 6615202 4082862 10050 1354216 5447128 0.75090 0.16100 0.08810 0 0 203513 203513 4892569 3078197 1814372 286320 268906 17414 88239 86630 1609 2036908 ANNUITIES PAYABLE 34156 SECURITY DEPOSITS PAYABLE 50467 84623 X 3357972 942862 942862 2415110 42700 42700 2457810 3608415 0 3608415 0 3608415 PART V, LINE 4: ENDOWMENT FUNDS ARE TO BE USED TO ENHANCE THE LIVES OF THE RESIDENT OF BETHEL LUTHERAN NURSING AND REHABILITATION CENTER. PART X, LINE 2: IT IS THE OPINION OF MANAGEMENT THAT THE FOUNDATION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INFORMATION RETURNS FOR THE FOUNDATION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. ALL TAX FILINGS ARE UP TO DATE. 1 BETHEL LUTHERAN NURSING & REHABILITATION CENTER 1515 2ND AVE W WILLISTON ND 58801 450230141 501(C)(3) 2499988 0 TO SUPPORT THE MISSION OF BETHEL LUTHERAN NURSING & REHABILITATION CENTER 1 PART I, LINE 2: THE BOARD REVIEWS THE FINANCIAL STATEMENTS OF BETHEL LUTHERAN NURSING & REHABILITATION CENTER ON AN ONGOING BASIS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THIS CORPORATION SHALL CONSIST OF THE CONGREGATIONS OF THE WESTERN NORTH DAKOTA DISTRICT OF THE AMERICAN LUTHERAN CHURCH OR ITS SUCCESSORS, WITHIN THE COUNTIES OF WILLIAMS, DIVIDE, AND MCKENZIE, IN THE STATE OF NORTH DAKOTA, WHO HAVE TAKEN CONGREGATIONAL ACTION TO ACCEPT MEMBERSHIP AND GIVEN THE SECRETARY OF THIS CORPORATION WRITTEN NOTICE OF SUCH ACTION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS SHALL CONSIST OF AT LEAST THREE MEMBERS AND NO MORE THAN NINE MEMBERS WHICH SHALL BE ELECTED BY THE MEMBERS OF THIS CORPORATION AT ITS ANNUAL MEETING, EXCEPT THAT AT LEAST TWO SHALL BE APPOINTED BY THE BOARD OF DIRECTORS OF THE BETHEL LUTHERAN NURSING AND REHABILITATION CENTER, WILLISTON, NORTH DAKOTA, A NORTH DAKOTA CORPORATION. EACH DIRECTOR SHALL SERVE FOR A TERM OF THREE YEARS AND NO DIRECTOR SHALL BE ELIGIBLE TO SERVE MORE THAN TWO SUCCESSIVE THREE-YEAR TERMS. AT THE FIRST ANNUAL MEETING OF THE CORPORATION, ONE DIRECTOR SHALL BE ELECTED FOR A TERM OF ONE YEAR, ONE DIRECTOR FOR A TERM OF TWO YEARS AND ONE DIRECTOR SHALL BE APPOINTED FOR AN INITIAL TERM OF THREE YEARS. AT NO TIME SHALL THE BOARD OF DIRECTORS OF THIS CORPORATION INCLUDE MORE THAN FOUR MEMBERS WHO ARE EMPLOYEES, OFFICERS, OR DIRECTORS OF THE BETHEL LUTHERAN NURSING AND REHABILITATION CENTER OF WILLISTON, NORTH DAKOTA. THE ADMINISTRATOR OF THE BETHEL LUTHERAN NURSING AND REHABILITATION CENTER SHALL SERVE AS EX-OFFICIO, NON-VOTING MEMBER OF THE BOARD OF DIRECTORS. AT LEAST A MAJORITY OF THE BOARD MEMBERS SHALL BE MEMBERS OF LUTHERAN CONGREGATIONS WHICH ARE MEMBERS OF THE WILLISTON CONFERENCE OF THE WESTERN NORTH DAKOTA SYNOD OF THE EVANGELICAL LUTHERAN CHURCH OF AMERICA. BOARD MEMBERS SHALL BE SELECTED WITH DUE REGARD FOR GENDER, COMMUNITY DIVERSITY, GEOGRAPHIC AND RACIAL REPRESENTATION, AND FOR THEIR INTEREST IN, AND ABILITY TO OFFER LEADERSHIP TO THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS THE 990 BEFORE THE FORM IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR MONITOR THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS APPROVES THE WAGES OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 18 ALL DOCUMENTS INCLUDING FORM 990 ARE AVAILABLE TO THE GENERAL PUBLIC BY REQUEST. THE COUNCIL DOES NOT MAINTAIN A WEBSITE FOR POSTING DOCUMENTS. NORTH DAKOTA DOES NOT REQUIRE FILING FORM 990 WITH THE STATE. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS INCLUDING FORM 990 ARE AVAILABLE TO THE GENERAL PUBLIC BY REQUEST. THE COUNCIL DOES NOT MAINTAIN A WEBSITE FOR POSTING DOCUMENTS. NORTH DAKOTA DOES NOT REQUIRE FILING FORM 990 WITH THE STATE. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BETHEL LUTHERAN NURSING & REHABILITATION CENTER 1515 2ND AVE W WILLISTON ND 58801 450230141 PROVIDE LONG-TERM NURSING CARE ND 501(C)(3) LINE 10 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 BETHEL LUTHERAN NURSING & REHABILITATION CENTER B 2499988 CASH