Bethany Lutheran Health Services
- Assets
- $9.5m
- Revenue
- $13.4m
- Investments
- $0.0
- Employees
- 346
- Location
- Council Bluffs, IA
- Founding
- 12/1975
- Data as of
- 09/2021
- EIN
- 42-1014553
Organization Overview
Bethany Lutheran Health Services is located in Council Bluffs, IA. The organization was established in 1975. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 09/2021, Bethany Lutheran Health Services employed 346 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethany Lutheran Health Services is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Bethany Lutheran Health Services generated $13.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $12.8m during the year ending 09/2021. While expenses have increased by 1.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NURSING CARE, HOUSING, HEALTH CARE AND FINANCIAL SERVICES TO ELDERLY RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BETHANY LUTHERAN HOME, A 121 BED NURSING CARE FACILITY, AND BETHANY LUTHERAN HEIGHTS, A 60 UNIT CONGREGATE LIVING FACILITY, PROVIDING NURSING CARE, HOUSING, HEALTH CARE AND FINANCIAL SERVICES TO ELDERLY RESIDENTS AT THE LOWEST FEASIBLE COST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Muckey Administrator Through Dec 2020 | Trustee | 40 | $103,026 |
Samantha Roth CFO Through Dec 2020 | Officer | 40 | $101,740 |
Michael Vaughn Interim CFO As Of Dec 2020 | Officer | 40 | $2,500 |
Nancy Ruffcorn President | OfficerTrustee | 0.5 | $0 |
Rod Carnahan Vice President | OfficerTrustee | 0.5 | $0 |
Dan Heithoff Treasurer | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rehab Visions Therapy Services | 9/29/17 | $482,212 |
Boyd Jones Construction Construction Services | 9/29/17 | $372,839 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $92,779 |
| Government grants | $1,530,029 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,957 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,633,765 |
| Total Program Service Revenue | $10,479,846 |
| Investment income | $6,096 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,200 |
| Net Gain/Loss on Asset Sales | $34,511 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,406,690 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,840 |
| Compensation of current officers, directors, key employees. | $93,840 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,517,694 |
| Pension plan accruals and contributions | $47,892 |
| Other employee benefits | $438,966 |
| Payroll taxes | -$338,074 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $140,245 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,506 |
| Fees for services: Other | $442,012 |
| Advertising and promotion | $38,929 |
| Office expenses | $422,880 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,311,723 |
| Travel | $12,400 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $61,079 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $466,224 |
| Insurance | $236,436 |
| All other expenses | $1,182,090 |
| Total functional expenses | $12,750,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,167,435 |
| Pledges and grants receivable | $2,278 |
| Accounts receivable, net | $2,187,305 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $98,113 |
| Prepaid expenses and deferred charges | $63,676 |
| Net Land, buildings, and equipment | $4,939,102 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,089,576 |
| Total assets | $9,547,485 |
| Accounts payable and accrued expenses | $1,238,506 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $131,194 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,199,761 |
| Unsecured mortgages and notes payable | $58,756 |
| Other liabilities | $1,490,217 |
| Total liabilities | $4,118,434 |
| Net assets without donor restrictions | $5,429,051 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,547,485 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bethesda Long Term Care Inc St Louis, MO | $61,164,515 | $49,946,296 |
Ranken-Jordan Home For Convalescent Crippled Children Maryland Heights, MO | $140,456,097 | $69,165,620 |
Franciscan Care Services Inc West Point, NE | $100,320,154 | $47,622,735 |
Ascension Living Franciscan Place St Louis, MO | $14,918,135 | $36,267,492 |
Knute Nelson Alexandria, MN | $65,707,296 | $38,034,818 |
Foundation For Health Care Continuums Sartell, MN | $70,652,957 | $36,760,475 |
Elim Homes Inc Edina, MN | $49,132,741 | $36,791,332 |
Benedictine Living Communities Inc Minneapolis, MN | $22,523,153 | $33,504,114 |
Willow Health Care Inc Willow Springs, MO | $35,651,940 | $30,612,109 |
Walker Methodist Minnetonka, MN | $71,311,636 | $29,368,798 |
Lyngblosten Care Center Inc St Paul, MN | $25,120,297 | $27,402,531 |
Ebenezer Society Edina, MN | $59,031,436 | $25,607,593 |