Bethany Manor Foundation Inc
- Assets
- $1.8m
- Revenue
- $479.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Story City, IA
- Founding
- 07/1999
- Data as of
- 12/2023
- EIN
- 39-6707107
Organization Overview
Bethany Manor Foundation Inc is located in Story City, IA. The organization was established in 1999. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethany Manor Foundation 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 12/2023, Bethany Manor Foundation Inc generated $479.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $253.8k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE OPERATION, ACTIVITIES AND PROGRAMS OF BETHANY MANOR, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES SUPPORT TO A RELATED TAX EXEMPT ORGANIZATION TO ENHANCE HEALTH CARE SERVICES FOR THE ELDERLY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Holm Vice Chair | OfficerTrustee | 1 | $0 |
Mark Ullestad Chair | OfficerTrustee | 1 | $0 |
Pastor Jonathan Cooney Board Member | Trustee | 1 | $0 |
Bob Higgins Treasurer | OfficerTrustee | 1 | $0 |
Gini Michel Board Member | Trustee | 1 | $0 |
Betty Grinde Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $189,776 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $189,776 |
| Total Program Service Revenue | $0 |
| Investment income | $56,962 |
| 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 | $131,546 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $479,362 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $59,876 |
| 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 | $107,827 |
| Pension plan accruals and contributions | $816 |
| Other employee benefits | $1,323 |
| Payroll taxes | $7,442 |
| Fees for services: Management | $0 |
| 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 | $5,858 |
| Fees for services: Other | $4,258 |
| Advertising and promotion | $3,541 |
| Office expenses | $3,523 |
| Information technology | $18 |
| Royalties | $0 |
| Occupancy | $24,953 |
| Travel | $154 |
| 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 | $4,625 |
| Insurance | $26 |
| All other expenses | $0 |
| Total functional expenses | $253,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $438,137 |
| Savings and temporary cash investments | $66,843 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,879 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $338,647 |
| Investments—publicly traded securities | $704,805 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $234,017 |
| Total assets | $1,793,328 |
| Accounts payable and accrued expenses | $8,433 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| 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 | $175,116 |
| Total liabilities | $183,549 |
| Net assets without donor restrictions | $356,308 |
| Net assets with donor restrictions | $1,253,471 |
| 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 | $1,793,328 |