2024-08-06T10:31:38-05:00 2023-09-30 420714325 RSM US LLP 6 S Patterson Blvd Dayton OH 45402 990 2022-10-01 362012788 Bethany Homes and Methodist Hospital BETH 8479981118 2601 Chestnut Avenue 3310 Glenview IL 60026 Vera Lampe CEO 8479981118 2024-08-02 1 1 Karen O Crim P00368385 9372980201 2024-08-02 2022 2024-08-08 14:25:15Z Vera Lampe 2601 Chestnut Avenue 3310 Glenview IL 60026 68008 0 X N/A X 1890 IL See Schedule O. 7 6 0 6 0 0 19625 9545 69657 0 0 58463 0 0 89282 68008 0 0 0 0 58268 98019 0 0 0 69981 71416 128249 169435 -38967 -101427 2455283 2457309 132833 236286 2322450 2221023 X See Schedule O.BH&MH is called to care for the physical, social and spiritual needs of seniors and vulnerable adults of all ages in the metropolitan Chicago area, with an emphasis on geriatric services, mental health services, and the medical, psychiatric and related services provided by independent practitioners, as well as by Lakeview Medical Group, a geriatrics-focused, multi-specialty physician group. 0 0 0 Bethany Homes and Methodist Hospital contains two divisions: Methodist Hospital of Chicago (MHC) and Bethany Retirement Community (BRC). On September 30, 2019, the Corporation sold the MHC and BRC divisions of the business. At September 30, 2023, MHC and BRC remaining activity relates to previously discontinued operations. 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X Vera Lampe 8479981118 2601 Chestnut Avenue 3310 Glenview IL 60026 Sunny Lopez President/CEO 1.00 39.00 X X 0 170740 77674 Stephen Dahl Chairman 1.00 1.00 X X 0 0 0 Bruce Balfe Secretary/Treasurer 1.00 2.00 X X 0 0 0 Keith Reed Vice-Chairman 1.00 2.00 X X 0 0 0 Gessel Berry Jr Director 1.00 1.00 X 0 0 0 Jennifer Christy Director 1.00 2.00 X 0 0 0 David E Carlson Director until 11/7/2022 1.00 1.00 X 0 0 0 Robert Hoellen Director 1.00 1.00 X 0 0 0 Renee Bellew Dir. of Sales and Marketing 0.00 40.00 X 0 228063 23751 Vera Lampe Administrator 0.00 40.00 X 0 146390 1625 Yona Bildner Controller 0.00 40.00 X 0 104061 4071 Raymond Elster Facilities Manager 0.00 40.00 X 0 101376 0 0 750630 107121 0 0 1 0 0 9545 9545 58463 58463 68008 0 0 58463 98019 98019 915 915 3933 3933 2872 2872 3837 3837 2697 2697 5577 5577 Bad Debt Expense 46514 46514 Dues and Subscriptions 324 324 4747 4747 169435 0 169435 0 46239 0 275 0 33682 33682 33682 2375087 2423627 2455283 2457309 12160 1 120673 236285 132833 236286 X 1159296 1056197 1163154 1164826 2322450 2221023 2455283 2457309 -101427 0 X 0 1 X 1 0 X 71521 250 0 19625 9545 100941 35551229 17473 235369 69657 0 35873728 35622750 17723 235369 89282 9545 35974669 0 0 0 35974669 57906 13061 0 0 58463 129430 57906 13061 58463 129430 87116 606304 693420 35767772 637088 235369 89282 68008 36797519 0.97760 0.98670 0.00350 0.00320 X Schedule A, Part III, Line 12, Explanation of Other Income: Employee Meals - 2018 Amount: $ 87,116. Miscellaneous Income - 2019 Amount: $ 181,428. Cost Report Settlement - 2019 Amount: $ 263,750. Principle Pension Refund - 2019 Amount: $ 161,126. 33682 33682 33682 Investment in Chestnut Square 1000000 Workers Compensation Escrows 1406405 Other Long Term Assets 17222 2423627 Reserve for Workers Comp 2963 Due to Third Party Payors 106000 Due to Affiliated Entities 127322 236285 X Part X, Line 2: Bethany Homes and Methodist Hospital is exempt from income taxes on income from related activities under Section 501(c)(3) of the Internal Revenue Code (the Code) and corresponding state tax law. Income earned in furtherance of the Corporation's tax-exempt purpose is exempt from federal and state income taxes. The Code provides for taxation of unrelated business income under certain circumstances. The Corporation has no material unrelated business income; however, such status is subject to final determination upon examination of the related income tax returns by the appropriate taxing authority. Accordingly, no provision has been made for federal or state income taxes. Under FASB ASC Subtopic 740, Income Taxes, the Corporation must recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the applicable taxing authorities based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. ASC Subtopic 740-10 also provides guidance of derecognition, classification, interest and penalties on income taxes and accounting in interim periods and requires increased disclosure. There were no uncertain tax positions identified as of September 30, 2023 and 2022. The Corporation does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Tax returns filed by the Corporation are subject to examination by the Internal Revenue Service (IRS) up to three years from the date the return was filed. The returns no longer subject to examination are for tax years ended before September 30, 2020. The Corporation recognizes interest and/or penalties, if any, related to income tax matters in income tax expense. The Corporation did not have any amounts accrued for interest and penalties at September 30, 2023 and 2022. 0 0 0 0 0 0 0 0 0 Renee Bellew Dir. of Sales and Marketing 0 228063 0 0 0 0 0 1042 0 22709 0 251814 0 0 Sunny Lopez President/CEO 0 170740 0 0 0 0 0 5029 0 72645 0 248414 0 0 Part I, Line 1a Sunny Lopez, President, received a housing allowance during the year paid by a related organization, Bethany North Suburban Group. The item was treated as nontaxable compensation. Part I, Line 3 The compensation for the President/CEO is determined by a related entity, Bethany North Suburban Group ("BNSG"). BNSG's Executive Committee of the Board of Directors determines the compensation by: - Compensation Committee - Compensation Survey or Study - Approval by the Board or Compensation Committee Form 990, Part I, Line 1 Bethany Homes & Methodist Hospital of Chicago (BH&MH) was a 130-year-old, faith-based, non-profit organization whose primary mission was to provide its service areas with quality medical and behavioral-health programs, senior housing, and ancillary programs. Its services demonstrated commitment to the physical, emotional, social, and spiritual needs of seniors and vulnerable adults of all ages. BH&MH was comprised of two divisions: Bethany Retirement Community (BRC) and Methodist Hospital of Chicago (MHC), both located in Chicago, IL. Specialized programs were delivered in fully-licensed and, as legally required, accredited settings. Services were provided with dignity and respect for all clients, and in accordance with best practices related to clinical care and client satisfaction. Individuals were received irrespective of race, color, national origin, religion, sex, sexual orientation, gender identity, ethnicity, socio-economic background, age, handicap, or disability. BH&MH's mission also included outreach to its neighbors with education on health and aging issues and advocacy for its diverse populations. It practiced responsible stewardship of resources in the delivery of care and support for clients, civic groups, faith congregations, and members of the larger community. On September 30, 2019, the Corporation sold the MHC and BRC divisions of the business. At September 30, 2023 and 2022, MHC and BRC are still in the process of winding-down and all activity relates to previously discontinued operations. Form 990, Part VI, Section A, line 1a The Executive Committee shall include the officers of the Corporation and the CEO/President. The Executive Committee shall have the authority of the Board of Directors between meetings of the Board of Directors. The minutes of the Executive Committee shall become a part of the official record of the Board of Directors. It shall be the duty of the Executive Committee to see that all rules and regulations adopted by the Board of Directors are faithfully executed by committees and administrative officers of the Corporation. The Executive Committee may recommend policies and new rules and regulations to the board of directors for their review and acceptance. Form 990, Part VI, Section A, line 6 The sole member of Bethany Homes and Methodist Hospital is Bethany Methodist Corporation, an Illinois not-for-profit corporation. Form 990, Part VI, Section A, line 7a The Board of Directors of the Corporation shall number no less than five (5) persons and no greater than twelve (12) persons, who shall be selected by and who also shall serve as the Board of Directors of BMC. The Chief Executive Officer/President of the Corporation shall be an Ex-Officio voting member of the Board of Directors. Form 990, Part VI, Section A, line 7b BMC shall have the following rights and powers: - To appoint the CEO/President of the Corporation - To approve all amendments to the Articles of Incorporation and these Bylaws before the same become effective - To approve each annual operating and capital budget and long-range plan of the Corporation before expenditures may be made therefrom, all debt, the appointment of independent auditors, all accounting policies, and all investment guidelines. - To approve all contracts obligating the Corporation to expend or repay an amount in excess of a member designated amount which was not included in a previously approved annual budget. - To approve all plans of merger, consolidation or voluntary dissolution of the Corporation. - To approve the sale, lease, exchange, mortgage, pledge, or other disposition of more than 10% or $50,000 in value of property and assets of the Corporation in any one year. - To approve the creation of controlled or owned subsidiaries or affiliates of the Corporation. -To approve the Corporation's incurring debt or obligating its assets - To approve the adoption of accounting policy, executive compensation, and fringe benefits - To approve the donation of corporate assets not within an approved budget. Form 990, Part VI, Section B, line 11b The completed Form 990 is reviewed by management and a copy of the Form 990 is provided to the governing body prior to filing the return with the IRS. Form 990, Part VI, Section B, line 12c Members of the Board of Directors, corporate officers, and employees are required to avoid all situations that may, in fact or appearance, present as a conflict of interest. Corporate bylaws require that all actual, potential, direct, apparent, and indirect conflicts be disclosed in full and in writing. An annual, formal, and written disclosure statement is completed by all members of the board, corporate officers, and key employees. Board Members who believe they may be involved in a conflict of interest related to a given issue are required to abstain from voting or taking other official action related to that issue. Corporate officers and key employees who believe they may be involved in a conflict of interest related to a particular issue will recuse themselves from taking any official action related to that issue. The Board of Directors retains responsibility for establishing any additional guidelines necessary to resolve a conflict of interest. Policies regarding potential conflicts of interest are included in the regularly-scheduled, formal review conducted through the corporate compliance program, which includes oversight by the organization's Compliance Officer, the Compliance Committee, and External Legal Counsel. Form 990, Part VI, Section B, line 15 The compensation for the President/CEO is determined by a related entity, Bethany North Suburban Group. The Executive Committee of the BNSG Board of Directors, led by the Chair of the Board of Directors reviews and approves annual objectives established by the President/CEO and Leadership Team of BNSG. These objectives are presented to the Board on an annual basis for their approval. The top management official's (the President/CEO) salary was determined after examination of comparability data and ensuring that compensation was granted in compliance with regulatory and ethical standards as well as industry norms. Recommendations for compensation are reviewed on an annual basis and adjusted in accordance with job expectations and successful completion of agreed upon goals and objectives. Form 990, Part VI, Section C, line 19 These documents are available to the general public as provided for under the respective federal regulations. Bethany Methodist Corporation 2601 Chestnut Avenue Glenview IL 60025 363478324 Corporate Office IL 501(c)(3) Line 12c, III-FI N/A 0 Bethany North Suburban Group 2601 Chestnut Avenue Glenview IL 60025 043604839 Independent Living IL 501(c)(3) Line 10 Bethany Methodist Corporation 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0