Bethesda Foundation

Bethesda Foundation Overview

Bethesda Foundation, operating under the name Bethesda Senior Living Communities, is located in Colorado Springs, CO. The organization was established in 1972. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 09/2020, Bethesda Senior Living Communities employed 1,701 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 09/2020, Bethesda Senior Living Communities generated $36.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $40.8m during the year ending 09/2020. While expenses have increased by 6.4% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SERVING SENIORS BY ENRICHING THEIR PHYSICAL, EMOTIONAL AND SPIRITUAL HEALTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEVELOPMENT AND OPERATION OF TAX EXEMPT ASSISTED LIVING COMMUNITIES, INDEPENDENT LIVING COMMUNITIES, AND MEMORY CARE FACILITIES FOR SENIORS IN ARIZONA, COLORADO, INDIANA, MISSOURI, NEBRASKA, AND TEXAS. CARED FOR AN AVERAGE OF 794 RESIDENTS DURING THE FISCAL YEAR ENDED 9/30/2020.


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Bethesda Foundation Vendors

Vendor Name (Service)Compensation
Great West Construction Llc
Construction Contractor
$697,776
Healthcare Services Group Llc
Housekeeping And Food Services
$771,649
Direct Supply Inc
Contract Installation/maint. Services
$464,075
A Place For Mom Inc
Placement Services
$147,040
Contact Painting Services Inc
Painting Contractor
$142,880
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $724,066
All other contributions, gifts, grants, and similar amounts not included above$28,573
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$752,639
Total Program Service Revenue$36,504,187
Investment income $76,868
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $63,883
Net Gain/Loss on Asset Sales -$1,307,967
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $36,355,879

Bethesda Foundation Grants Awarded

Over the last fiscal year, Bethesda Foundation has awarded $359,305 in support to 2 organizations.

Grant RecipientAmount

BETHESDA MINISTRIESONE CHILD MATTERS

Org PageRecipient Profile

Colorado Springs, CO

PURPOSE: Support Operations

$349,305

PIKES PEAK COMMUNITY FOUNDATION

Org PageRecipient Profile

Colorado Springs, CO

PURPOSE: Voices of Grief- Documentary Film

$10,000
View Grant Profile

Bethesda Foundation Grants Recieved

Over the last fiscal year, we have identified 1 grants that Bethesda Foundation has recieved totaling $1,205,104.

Awarding OrganizationAmount
Bslc Ii

Colorado Springs, CO

PURPOSE: Support Operations

$1,205,104
View Grant Recipient Profile

Bethesda Foundation Peer Organizations

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