2024-08-15T16:10:00+00:00 2023-09-30 363990892 Capin Crouse LLP 2435 Research Parkway Suite 200 Colorado Springs CO 80920 990 2022-10-01 841087692 Bethesda Associates BETH 7194810100 15475 Gleneagle Drive Colorado Springs CO 80921 Dana Rasic President 7194810100 2024-08-15 true true Daren Daiga P01074795 5055022746 2022 2024-08-08 14:25:15Z Dana Rasic 15475 Gleneagle Drive Colorado Springs CO 80921 10845463 false X www.bethesdaseniorliving.com X 1988 NE To be a supporting organization for Bethesda Foundation. 6 4 50 0 53724 0 0 19390 3610730 3819379 764275 574550 40704 138678 4415709 4551997 305600 110300 0 0 3517171 3674981 0 0 0 1576592 1918053 5399363 5703334 -983654 -1151337 33491370 37008081 4991069 8172863 28500301 28835218 To be a supporting organization for Bethesda Foundation d/b/a Bethesda Senior Living Communities, a 501(c)(3) organization. false false 3616552 3768519 Provide administrative services related to operations of Bethesda Foundation and Bethesda Christian Broadcasting, both 501(c)(3) affiliates, and investments made to provide funding for their charitable purposes (also includes administrative services related to Bethesda Real Estate Company, a for-profit affiliate-see Form 990-T). 110300 110300 Contributions to further the exempt purpose of Bethesda Ministries and other miscellaneous exempt organizations with a similar exempt purpose. 3726852 true true false false false false false false false true true false true true false false true false false true false false false false false false true false true false false false false false false true false false false false false false true true true false false true 15 0 true 50 true true true false false false false false false false false false false false X 6 4 true false false false false true false true true false false true true true true true true true true false CA X Nathan Merrill 7194810100 15475 Gleneagle Drive Colorado Springs CO 80921 Dana Rasic President & Director 10.0 48.0 X X 365551 0 40800 Nathan Merrill CFO, VP, Treasurer & Director 10.0 44.5 X X 264356 0 42384 Dale Turner Director 2.0 7.5 X 59458 2375 3483 Daniel Vagle Director 1.0 6.8 X 59458 2375 3609 Don Morgan Director 1.0 6.8 X 2875 58958 3385 Larry Smith Director 2.0 9.0 X 0 30667 94 Austin Harbach Assistant Secretary 5.0 47.5 X 103942 0 14609 Jenny Kennedy Secretary 1.5 4.0 X 11988 0 0 Tom Workman Assistant Secretary 0.5 3.8 X 0 0 0 Christi Miller Vice President of HR 40.0 0.0 X 165308 0 16567 Connie Smith Vice President of RM 40.0 0.0 X 131844 0 9319 Diane Wilson Accounting Manager 40.0 0.0 X 109560 0 10202 Steve Endicott Vice President of IT 40.0 0.0 X 150123 0 4889 1424463 94375 149341 7 false true false 0 19390 19390 G&A Services 541990 3819379 3765655 53724 0 0 0 0 3819379 354373 354373 762057 626243 135814 0 135814 135814 5887400 5667223 220177 0 220177 220177 2864 2864 0 0 2864 4551997 3768519 53724 710364 110300 110300 0 0 986546 678926 307620 2260907 2056479 204428 46947 40656 6291 178366 155863 22503 202215 178360 23855 5748 2521 3227 22360 22360 84829 84829 152398 23442 128956 0 170030 132273 37757 49155 45991 3164 519791 772 519019 82257 69552 12705 19943 17584 2359 398444 398444 188621 81109 107512 66800 13073 53727 General Dues & Fees 146636 119951 26685 Board expense 11041 11041 0 0 0 0 5703334 3726852 1976482 0 456032 685614 242405 215771 100338 38127 0 0 142000 159173 10446365 6893091 3505689 3553274 12206033 9101644 13751512 17730294 0 3087361 5524184 33491370 37008081 945039 799188 0 4046030 7369572 0 4103 4991069 8172863 X 28500301 28835218 28500301 28835218 33491370 37008081 X -1151337 1438359 47895 X false true X true false X X 2 Bethesda Foundation 470497753 9 false 0 0 Bethesda Christian Broadcasting 841162754 9 false 0 0 2 0 0 false false false false false true false false false false false false false false false true true Schedule A, Part IV, Section A, Line 1 Supported Orgs Listed By Name Although Bethesda Foundation is listed in the governing documents of Bethesda Associates, Bethesda Christian Broadcasting is not. In accordance with the 990 instructions, the supporting organization may designate its supported organization(s) by class or purpose or by name. Bethesda Associates was incorporated to support the purpose of Bethesda Foundation, along with other supported organizations that are designated by purpose in accordance with the governing documents. Bethesda Christian Broadcasting is controlled by and is a subsidiary of Bethesda Foundation and is therefore controlled by the same organization as Bethesda Associates. Schedule A, Part IV, Section A, Line 6 Support to other supported orgs The organization provided support to organizations other than its supported organizations during the year. These monies were given to organizations consistent with the organization's mission and vision and under the direction of the supported organizations. Schedule A, Part IV, Section B, Line 2 Benefit Of Supp. Org. Other Than The One Operating The Org. See the explanation for Part IV, Section A, Line 1 above. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24339 20458 44797 5211326 3785475 5713701 3283100 1404767 1179390 225377 3553274 Limited partnerships 10975667 F Investment in captive insurance 3214090 F Real estate investment Corporate bonds Government bonds 2647622 F Fixed income 655187 F Other securities 237728 F 17730294 Lease costs - net of amortization 85272 Intercompany receivable 5405334 Escrow deposit 10534 Related organization receivable 23044 5524184 Related organization payable 4103 4103 Central America and the Caribbean 0 0 Investments 3443543 0 0 0 0 0 0 3443543 0 3443543 false false true false true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual true OneChild Global 15475 Gleneagle Drive Colorado Springs CO 80921 841087689 501(c)(3) 107500 Operating Assistance 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The organization's management works closely with grant recipient's and does on-site visits where the purposes of the charitable initiatives are publicized to ensure that the funds are used consistent with the organization's mission and vision. X X true true X X X X true false false false false false false true false Dana Rasic President & Director 329316 0 30000 0 6235 0 9438 0 31362 0 406351 0 0 0 Nathan Merrill CFO, VP, Treasurer & Director 230731 0 20000 0 13625 0 7962 0 34422 0 306740 0 0 0 Christi Miller Vice President of HR 151306 0 13000 0 1002 0 4875 0 11692 0 181875 0 0 0 Steve Endicott Vice President of IT 138172 0 11500 0 451 0 4512 0 377 0 155012 0 0 0 Schedule J, Part I, Line 1a Travel for companions All spousal travel expenses paid by the organization must be approved by the President who determines whether the expense was for a necessary business purpose. The CFO must approve the spousal travel expenses for the President. Expenses incurred that are not determined to be necessary business expenses are taxable to the individual and included in their taxable compensation. Christi Miller and Diane Wilson received spousal travel benefits during the year. Schedule J, Part I, Line 1a Health or social club dues or initiation fees In order to assist in promoting a healthy lifestyle for its employees, the organization reimburses employees up to $40 per month to cover 50% of the cost of a gym membership. These expenses are submitted to management for approval. These reimbursements are taxable to the employee and included in their compensation. Dana Rasic, Nathan Merrill, Christi Miller, Austin Harbach participated in the program during the year. Schedule J, Part I, Line 4a Severance or change-of-control payment Connie Smith, Vice President of RM, received a severance payment in the amount of $61,750 in calendar year 2022. Schedule J, Part I, Line 7 Non-fixed payments The organization and related entities pay discretionary bonuses to their officers, directors, and key employees from time to time. The frequency and amount of the bonuses are determined by the Administrative Committee, CEO, or other management, and based on factors such as overall job performance, substantial extra projects, etc. The organizations do not have any employment contracts which obligate the payment of bonuses in the future. Daniel Vagle Family member of Dale Turner, Director 61500 Compensation false Dale Turner Family member of Daniel Vagle, Director 61500 Compensation false Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Dan Vagle and Dale Turner - Family relationship, Dana Rasic, Nathan Merrill, Dale Turner, Austin Harbach, and Tom Workman - Business relationship Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Bethesda Foundation appoints the entire Board of Directors. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by an independent CPA firm and is reviewed in detail by the CFO and Accounting Manager. The final version of the Form 990 is distributed via email to the organization's Board of Directors for review and comments over a two day period prior to filing. Management answers all questions and incorporates the changes, if necessary, into the Form 990 prior to filing. After two days, the review period is closed. Form 990, Part VI, Line 12c Conflict of interest policy Conflict of interest forms are completed annually by officers, directors and key employees and are presented to the Board for approval. When a potential conflict arises during the year, the officer, director or key employee is responsible for updating the conflict of interest form and the revised form is provided to the Board for approval. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 15a Process to establish compensation of top management official The organization utilizes the services of Payscale,Inc. to perform regular independent compensation studies for all officers and key employees and the results are provided to the Administrative committee of the board for review and approval. The approval process is documented in the minutes. Form 990, Part VI, Line 15b Process to establish compensation of other employees See narrative for Form 990, Part VI, Line 15a Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy, and audited financial statements are available upon request. Form 990, Part VII, Section A, Line 1a Many of the officers and directors provide services to affiliated organizations. The hours shown are specific to this organization but the compensation is total compensation for services provided to all of the affiliated organizations. Form 990, Part VII, Section A, Line 1a Independent Board Members: Board members Daniel Vagle, Dale Turner, Don Morgan and Larry Smith were reasonably compensated solely for their services provided in their capacity as members of the governing body. Therefore they are considered independent members of the board. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Misc. Income - Total Revenue: 2864, Related or Exempt Function Revenue: 2864, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in investment in captive insurance - 47895; Schedule F, Part IV, Line 5 The organization has analyzed its ownership in the foreign partnership and has determined that it does not meet the reporting thresholds for Form 8865. Bethesda Foundation 15475 Gleneagle Drive Colorado Springs CO 80921 470497753 Senior Living NE 501(c)(3) 10 NA false BSLC II 15476 Gleneagle Drive Colorado Springs CO 80921 452666295 Assisted Living NE 501(c)(3) Type I Bethesda Foundation false Bethesda Christian Broadcasting 15477 Gleneagle Drive Colorado Springs CO 80921 841162754 Christian Radio NE 501(c)(3) 10 Bethesda Foundation false LifeStream Complete Senior Living Inc 11555 West Peoria Avenue Youngtown AZ 85363 237458267 Assisted Living AZ 501(c)(3) 10 NA false LifeStream Complete Senior Living at Thunderbird Inc 11555 West Peoria Avenue Youngtown AZ 85363 860739097 Assisted Living AZ 501(c)(3) 10 NA false LifeStream Complete Senior Living at NorthEast Phoenix Inc 11555 West Peoria Avenue Youngtown AZ 85363 860682800 Assisted Living AZ 501(c)(3) 10 NA false LifeStream Complete Senior Living at Sunridge Inc 11555 West Peoria Avenue Youngtown AZ 85363 860712529 Assisted Living AZ 501(c)(3) 10 NA false Sun Valley Lodge 12415 N 103rd Ave Sun City AZ 85351 861099887 Assisted Living AZ 501(c)(3) 10 NA false Bethesda Real Estate Company 15475 Gleneagle Dr Colorado Springs CO 80921 841133889 Real Estate Management CO Bethesda Associates C Corporation 83269 608682 1 true true false true true false false false true false true false true false true true true true true true Bethesda Real Estate Company A 6855 Book value Bethesda Real Estate Company D 803397 Book value Bethesda Real Estate Company R 601974 Book value Bethesda Real Estate Company S 598335 Book value