Bethesda Of Beresford
- Assets
- $3.7m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 140
- Location
- Beresford, SD
- Founding
- 11/1961
- Data as of
- 12/2021
- EIN
- 46-0225023
Organization Overview
Bethesda Of Beresford is located in Beresford, SD. The organization was established in 1961. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Bethesda Of Beresford employed 140 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Bethesda Of Beresford 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 12/2021, Bethesda Of Beresford generated $3.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $3.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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
ELDERLY HOUSING AND CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES SERVICES FOR THE ELDERLY THROUGH THE OPERATION OF A 58-SKILLED BED NURSING AND 8-BED ASSISTED LIVING FACILITY. IN ADDITION, THE FACILITY PROVIDES OPERATION OF A 16-UNIT ELDERLY APARTMENT COMPLEX AND AN OUTPATIENT THERAPY DEPARTMENT. THE FACILITY OPERATES AS A "LIFE-LINE" TO THE SURROUNDING COMMUNITY, WHICH PROVIDES A SAFER ENVIRONMENT AT HOME FOR THE ELDERLY IN THE SURROUNDING COMMUNITY. THE FACILITY IS OPERATED TO MEET THE HEALTH AND HOUSING NEEDS FOR ITS RESIDENTS. NUMBER OF RESIDENT DAYS 17,246; NUMBER OF ADMISSIONS 32.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Britney Senger Administrator From 10/2021 | Officer | 40 | $18,152 |
Clarice Paulson Vice-Chairperson | OfficerTrustee | 0.3 | $0 |
Brenda Hansen Secretarty | OfficerTrustee | 0.3 | $0 |
Claire Antonson Chairperson | OfficerTrustee | 0.3 | $0 |
Chris Hansen Interim Admin 04/2021-10/2021 | Officer | 40 | $0 |
Cherilyn Hallaway Administrator Until 04/2021 | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sanford Health Administration | 12/30/21 | $125,249 |
Titan Nurse Staffing Llc Staffing Services | 12/30/21 | $127,524 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $682,802 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $682,802 |
| Total Program Service Revenue | $2,997,343 |
| Investment income | $3,154 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,683,299 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $161 |
| 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. | $11,176 |
| Compensation of current officers, directors, key employees. | $11,176 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,420,670 |
| Pension plan accruals and contributions | $11,940 |
| Other employee benefits | $88,625 |
| Payroll taxes | $233,244 |
| Fees for services: Management | $208,289 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,020,094 |
| Advertising and promotion | $3,950 |
| Office expenses | $55,299 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $128,485 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $110 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $186,003 |
| Insurance | $61,266 |
| All other expenses | $30,496 |
| Total functional expenses | $3,737,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $500,451 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $202,630 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,515 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,303,340 |
| Investments—publicly traded securities | $1,646,156 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,920 |
| Total assets | $3,676,012 |
| Accounts payable and accrued expenses | $270,189 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $9,994 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $280,183 |
| Net assets without donor restrictions | $3,395,829 |
| 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 | $3,676,012 |
Endowment Analysis
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