Bethany Lutheran Homes Inc
- Assets
- $103.2m
- Revenue
- $38.1m
- Investments
- $0.0
- Employees
- 905
- Location
- La Crosse, WI
- Founding
- 11/1961
- Data as of
- 12/2022
- EIN
- 39-0909446
Organization Overview
Bethany Lutheran Homes Inc, operating under the name Eagle Crest Communities, is located in La Crosse, WI. 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 12/2022, Eagle Crest Communities employed 905 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Eagle Crest Communities 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 12/2022, Eagle Crest Communities generated $38.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $32.6m during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BETHANY LUTHERAN HOMES, INC. (THE ORGANIZATION) IS A BENEVOLENT CONTINUUM OF CARE RETIREMENT COMMUNITY COMPRISED OF NUMEROUS FACILITIES AND COMMUNITY OUTREACH PROGRAMS DESIGNED TO MEET THE CARE NEEDS OF THE ELDERLY AND DISABLED IN THE LA CROSSE, WI AREA. BETHANY IS A NON-PROFIT CORPORATION, EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) THROUGH ITS AFFILIATION WITH THE EVANGELICAL LUTHERAN CHURCH OF AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKILLED NURSING FACILITY (SNF) - BLH OWNS AND OPERATES A 123 BED SNF LOCATED IN LA CROSSE, WI WHICH OFFERS SPECIALIZED RESTORATIVE REHABILITATION FOR SHORT TERM STAYS, A SPECIALIZED MEMORY CARE UNIT FOR ALZHEIMER'S AND DEMENTIA, AND END STAGE HOSPICE CARE. THERE WERE 38,860 DAYS OF CARE PROVIDED TO RESIDENTS IN 2022, WITH 18,155 OF THOSE DAYS (OR 49%) PROVIDED TO RESIDENTS ON MEDICAID WHICH DOES NOT PROVIDE ADEQUATE REIMBURSEMENT TO COVER THE COSTS OF CARE AND HOUSING. THIS SUBSIDIZED CARE AMOUNTED TO APPROXIMATELY 700,000 IN 2022.
COMMUNITY OUTREACH PROGRAMS - PROVIDE AN ARRAY OF SERVICES TO THE COMMUNITY INCLUDING: FOOT CARE SERVICES - CERTIFIED AND LICENSED NURSE PROVIDING PEDICURE SERVICES TO RESIDENTS. INDEPENDENT LIVING APARTMENTS - 20 APARTMENTS PROVIDED 7,300 DAYS OF HOUSING FOR SENIORS IN HOLMEN, WI.
COMMUNITY BASED RESIDENTIAL FACILITIES (CBRF) AND RESIDENTIAL CARE APARTMENT COMPLEXES (RCAC) - BLH OWNS AND OPERATES THREE CBRF AND THREE RCAC FACILITIES IN THE LA CROSSE, WI AREA. THE CBRF FACILITIES ARE DESIGNED TO PROVIDE CARE TO THE ELDERLY WITH ALZHEIMER'S AND DEMENTIA IN A HOME-LIKE SETTING. RESIDENTS RECEIVE MEALS, MEDICAL MANAGEMENT, HOUSEKEEPING AND OTHER DAILY LIVING SERVICES BASED ON THEIR NEEDS. THERE WERE 37,877 DAYS OF CARE AND HOUSING PROVIDED TO RESIDENTS DURING 2022.
EAGLE CREST NORTH AND EAGLE CREST SOUTH - TWO SIMILAR FACILITIES LOCATED IN ONALASKA, WI AND LA CROSSE, WI CONSISTING OF 262 INDEPENDENT LIVING APARTMENTS, 34 HIGH ACUITY ASSISTED LIVING (CBRF), 78 ASSISTED LIVING (RCAC), AND 81 MEMORY CARE (CBRF) APARTMENTS IN TOTAL. A CENTRALLY LOCATED TOWN CENTER CONNECTS THE INDEPENDENT, ASSISTED LIVING, AND MEMORY CARE UNITS AND PROVIDES AMENITIES TO ENHANCE THE RESIDENTS' SOCIAL, PHYSICAL,AND SPIRITUAL WELL-BEING. THE TWO FACILITIES PROVIDED 145,176 DAYS OF HOUSING AND CARE TO THE RESIDENTS DURING 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Zoellner President | OfficerTrustee | 1 | $0 |
Pete Hansen President-El | OfficerTrustee | 1 | $0 |
Sean O'flaherty Secretary | OfficerTrustee | 1 | $0 |
John Robinson Treasurer | OfficerTrustee | 1 | $0 |
Leah Mudler Director | Trustee | 1 | $0 |
Sarah Havens Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aegis Therapies Inc Therapy Service | 12/30/22 | $624,666 |
Grape Tree Medical Staffing Inc Nurse Staffing | 12/30/22 | $522,570 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,470 |
| All other contributions, gifts, grants, and similar amounts not included above | $78,551 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,021 |
| Total Program Service Revenue | $34,519,801 |
| Investment income | $297,889 |
| 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 | $38,132,880 |
| 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. | $719,777 |
| Compensation of current officers, directors, key employees. | $591,576 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,427,850 |
| Pension plan accruals and contributions | $230,761 |
| Other employee benefits | $1,581,185 |
| Payroll taxes | $1,217,923 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,296 |
| Fees for services: Accounting | $24,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,609,813 |
| Advertising and promotion | $136,224 |
| Office expenses | $325,261 |
| Information technology | $216,287 |
| Royalties | $0 |
| Occupancy | $1,369,092 |
| Travel | $49,020 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,795 |
| Interest | $1,964,169 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,501,475 |
| Insurance | $201,344 |
| All other expenses | $248,440 |
| Total functional expenses | $32,628,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,238,847 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,321,420 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $250,761 |
| Net Land, buildings, and equipment | $61,408,636 |
| Investments—publicly traded securities | $17,230,484 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,771,693 |
| Total assets | $103,221,841 |
| Accounts payable and accrued expenses | $2,385,787 |
| Grants payable | $0 |
| Deferred revenue | $703,433 |
| Tax-exempt bond liabilities | $53,251,399 |
| Escrow or custodial account liability | $0 |
| 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 | $222,368 |
| Total liabilities | $56,562,987 |
| Net assets without donor restrictions | $46,131,013 |
| Net assets with donor restrictions | $527,841 |
| 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 | $103,221,841 |