Bethel Home Inc
- Assets
- $6.9m
- Revenue
- $10.4m
- Investments
- $0.0
- Employees
- 211
- Location
- Oshkosh, WI
- Founding
- 11/1961
- Data as of
- 12/2021
- EIN
- 39-1209707
Organization Overview
Bethel Home Inc is located in Oshkosh, WI. The organization was established in 1961. 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 12/2021, Bethel Home Inc employed 211 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Bethel Home Inc 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, Bethel Home Inc generated $10.4m 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 $9.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) 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
TO PROVIDE NURSING CARE FOR AGING PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BETHEL HOME, INC., OPERATES A 124-BED NURSING HOME PROVIDING SKILLED AND INTERMEDIATE NURSING CARE FOR THE AGED AND DISABLED OF OSHKOSH AND THE SURROUNDING AREA. THE HOME ALSO OPERATES A 12-BED DEMENTIA-SPECIFIC COMMUNITY-BASED RESIDENTIAL FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Murken Chair | OfficerTrustee | 0.2 | $0 |
Mark Beecher Vice Chair | OfficerTrustee | 0.2 | $0 |
Kathy Bermingham Secretary | OfficerTrustee | 0.2 | $0 |
Theresa Bertram President & CEO | Officer | 4.5 | $0 |
Paula Mcniel Board Member | Trustee | 0.2 | $0 |
Laurie Muller Board Member | Trustee | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kelstar Partnership Group Staffing Services | 12/30/21 | $361,416 |
Greenfield Rehabilitation Agency Therapy Services | 12/30/21 | $356,086 |
Martin Bros Distributing Co Food Supplier | 12/30/21 | $342,392 |
Wi Department Of Health Services Health Services | 12/30/21 | $210,800 |
Elim Preferred Services Medical Supplies | 12/30/21 | $117,965 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,975,576 |
| 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 | $1,975,576 |
| Total Program Service Revenue | $8,361,449 |
| Investment income | $5,036 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,000 |
| 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 | $10,385,483 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,280,334 |
| Pension plan accruals and contributions | $112,333 |
| Other employee benefits | $380,691 |
| Payroll taxes | $349,523 |
| Fees for services: Management | $585,000 |
| Fees for services: Legal | $24,355 |
| Fees for services: Accounting | $67,412 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $483,366 |
| Advertising and promotion | $2,827 |
| Office expenses | $783,603 |
| Information technology | $49,455 |
| Royalties | $0 |
| Occupancy | $361,765 |
| Travel | $3,489 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $436,006 |
| Insurance | $141,771 |
| All other expenses | $162,961 |
| Total functional expenses | $9,596,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,583,418 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $613,432 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $31,303 |
| Prepaid expenses and deferred charges | $29,867 |
| Net Land, buildings, and equipment | $2,433,608 |
| Investments—publicly traded securities | $546,973 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,654,253 |
| Total assets | $6,892,854 |
| Accounts payable and accrued expenses | $1,009,192 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $58,558 |
| 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 | $2,611,175 |
| Total liabilities | $3,678,925 |
| Net assets without donor restrictions | $3,213,929 |
| 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 | $6,892,854 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bethel Home Inc has recieved totaling $11,985.
| Awarding Organization | Amount |
|---|---|
Miravida Living Foundation Inc Oshkosh, WI PURPOSE: GENERAL SUPPORT | $11,985 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Martin Health Center Inc Cedar Falls, IA | $21,811,733 | $19,618,814 |
Wayzata Bay Senior Housing Inc Roseville, MN | $167,500,836 | $19,706,381 |
Evergreen Retirement Community Inc Oshkosh, WI | $46,606,171 | $19,424,837 |
Central Baptist Home For The Aged Norridge, IL | $67,571,437 | $21,182,649 |
Good Samaritan Home Of Quincy Quincy, IL | $32,676,656 | $19,097,575 |
Samaritan Bethany Inc Rochester, MN | $35,223,208 | $19,680,043 |
Meth-Wick Community Cedar Rapids, IA | $36,346,966 | $18,595,855 |
Covenant Home Illinois Northbrook, IL | $166,475,205 | $19,986,763 |
Trinity Continuing Care Services Indiana Inc Farmington Hills, MI | $52,731,208 | $17,209,435 |
National Regency Of New Berlin Inc Waukesha, WI | $86,663,062 | $22,744,925 |
Francis House Inc Galesburg, IL | $146,726,305 | $35,225,413 |