Form 990 for tax year 2022

Filed by SCBMA.

Totals

Total revenue: $27,742,923
Total expenses: $30,414,564
Contributions and grants received: $4,705,090
Grants paid: $204,041
Program service revenue: $22,490,871
Investment income: $458,718
Other revenue: $88,244
Total assets, end of year: $53,204,938
Total liabilities, end of year: $22,126,669
Net assets or fund balances, end of year: $31,078,269
Program services expenses (Part IX): $26,580,686
Management and general expenses: $3,708,023
Fundraising expenses: $125,855
Program service expenses (Part III): $26,580,686

Program services were 87.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1c · Fundraising events

$211,293
1d · Related organizations

$802,716
1e · Government grants (contributions)

$508,001
1f · All other contributions, gifts and grants

$3,183,080
2a · Program service revenue: Resident Services

total $21,689,962 · related or exempt $21,689,962
2f · All other program service revenue

total $800,909 · related or exempt $800,909 · unrelated business $0 · excluded $0
3 · Investment income

total $269,337 · excluded $269,337
6a · Gross rents

real property $88,244
6c · Rental income or loss

real property $88,244 · personal property $0
6d · Net rental income or loss

total $88,244 · excluded $88,244
7a · Gross sales of assets other than inventory

securities $687,586
7b · Less cost or other basis and sales expenses

securities $470,370 · other assets $27,835
7c · Gain or loss

securities $217,216 · other assets -$27,835
7d · Net gain or loss

total $189,381 · excluded $189,381
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$211,293
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0 · excluded $0
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $204,041 · program services $204,041
5 · Compensation of officers, directors and key employees

total $861,698 · program services $378,979 · management and general $465,429 · fundraising $17,290
6 · Compensation of disqualified persons

total $9,447 · program services $8,128 · management and general $1,245 · fundraising $74
7 · Other salaries and wages

total $11,748,175 · program services $10,430,329 · management and general $1,234,689 · fundraising $83,157
8 · Pension plan contributions

total $239,416 · program services $213,126 · management and general $23,694 · fundraising $2,596
9 · Other employee benefits

total $808,415 · program services $752,270 · management and general $56,145 · fundraising $0
10 · Payroll taxes

total $914,306 · program services $789,833 · management and general $117,847 · fundraising $6,626
11b · Fees: legal

total $21,704 · management and general $21,704
11c · Fees: accounting

total $177,595 · management and general $177,595
11f · Fees: investment management

total $76,763 · management and general $76,763
11g · Fees: other

total $3,227,123 · program services $3,206,867 · management and general $18,375 · fundraising $1,881
12 · Advertising and promotion

total $345,230 · management and general $341,111 · fundraising $4,119
13 · Office expenses

total $664,230 · program services $10,373 · management and general $653,857
14 · Information technology

total $172,440 · program services $86,220 · management and general $86,220
16 · Occupancy

total $2,006,595 · program services $2,006,595
17 · Travel

total $41,592 · program services $13,849 · management and general $21,850 · fundraising $5,893
20 · Interest

total $1,232,979 · program services $1,232,979
22 · Depreciation, depletion and amortization

total $2,966,572 · program services $2,725,968 · management and general $237,303 · fundraising $3,301
23 · Insurance

total $716,892 · program services $645,267 · management and general $71,267 · fundraising $358
24a · Other expenses: Program Supplies

total $3,117,739 · program services $3,014,810 · management and general $102,929
24b · Other expenses: Bad Debt Expense

total $861,612 · program services $861,052 · fundraising $560
24e · All other expenses

total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $3,805,239 · end of year $2,346,197
2 · Savings and temporary cash investments

beginning of year $27,215 · end of year $49,203
3 · Pledges and grants receivable

beginning of year $284,851 · end of year $293,359
4 · Accounts receivable

beginning of year $4,449,146 · end of year $3,017,143
5 · Loans and receivables from officers and key people

end of year $0
6 · Loans and receivables from disqualified persons

end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $182,459 · end of year $113,337
10a · Land, buildings and equipment: cost or other basis

$65,652,803
10b · Land, buildings and equipment: accumulated depreciation

$34,540,607
10c · Land, buildings and equipment, net

beginning of year $32,948,423 · end of year $31,112,196
11 · Investments: publicly traded securities

beginning of year $20,870
12 · Investments: other securities

beginning of year $4,976,192 · end of year $6,456,474
13 · Investments: program-related

beginning of year $0
15 · Other assets

beginning of year $8,112,301 · end of year $9,817,029
17 · Accounts payable and accrued expenses

beginning of year $1,550,488 · end of year $2,931,417
19 · Deferred revenue

beginning of year $1,041,060 · end of year $748,929
22 · Loans and payables to officers and key people

end of year $0
23 · Secured mortgages and notes payable

beginning of year $18,423,288 · end of year $17,182,022
25 · Other liabilities

beginning of year $796,415 · end of year $1,264,301
27 · Net assets without donor restrictions

beginning of year $21,247,050 · end of year $17,440,997
28 · Net assets with donor restrictions

beginning of year $11,748,395 · end of year $13,637,272

Mission and programs · 2022

Mission

Our Ministry provides professional services for seniors with compassionate care in the name of Jesus Christ, so all we serve may thrive.

Activities or mission (Part I)

SCBMA allows SC Baptists to give concrete evidence of our concern for and commitment to our elderly.

SCBMA's mission allows SC Baptists to give concrete evidence of concern for and commitment to the elderly. SCBMA provides resident care through services including, but not limited to, housing related services, food preparation, medical care, and social activities. The organization served over 600 residents that were cared for in various senior living care options - Independent, Assisted Living, and Skilled Nursing and Rehabilitation. SCBMA's facilities continue to work to return to as normal as possible environments post the COVID pandemic. Community events were held at the two communities including a Billy Graham Hope telephone call line manned by residents, staff, and family members following weekly Billy Graham television programs.

Expenses $26,580,686 · Grants $204,041 · Revenue $22,490,871

As filed on the 2022 return.

Listed in Part VII

Ira Bedenbaugh

Chairman

Total calculated

$0

Hours/week

1
Jon Fisher

Secretary

Total calculated

$0

Hours/week

1
Miriam Hutto

Trustee (Part Year)

Total calculated

$0

Hours/week

1
Rev Chad Campbell

Vice Chair

Total calculated

$0

Hours/week

1
Charles Beaman

Trustee

Total calculated

$0

Hours/week

1
Dr Catherine Rabon

Trustee

Total calculated

$0

Hours/week

1
Dr Sharla Bush-Price

Trustee (Part Year)

Total calculated

$0

Hours/week

1
Gail Stokes

Trustee

Total calculated

$0

Hours/week

1
Garris Haynes

Trustee

Total calculated

$0

Hours/week

1
Lyn Burkholder

Trustee (Part Year)

Total calculated

$0

Hours/week

1
Mark Hendrick

Trustee (Part Year)

Total calculated

$0

Hours/week

1
Martin Moore

Trustee

Total calculated

$0

Hours/week

1
Nancy Day

Trustee (Part Year)

Total calculated

$0

Hours/week

1
Phillip Anderson

Trustee

Total calculated

$0

Hours/week

1
Rev Brian Sherwood

Trustee

Total calculated

$0

Hours/week

1
Rev Kevin Massey

Trustee

Total calculated

$0

Hours/week

1
Rev Michael Mills

Trustee

Total calculated

$0

Hours/week

1
Rick Conner

Trustee

Total calculated

$0

Hours/week

1
Robert Grant

Trustee

Total calculated

$0

Hours/week

1
William Crute

Trustee

Total calculated

$0

Hours/week

1
Randal Gerig

CFO

Total calculated

$0

Hours/week

40
Thomas P Turner III

President/CEO/Treasurer

Total calculated

$283,024

From this org

$239,228

From related orgs

$0

Other

$43,796

Hours/week

40

Schedule J breakdown matched by us

Base

$203,428

Bonus

$35,800

Other

$0

Deferred

$13,256

Nontaxable benefits

$30,540

Filer's total

$283,024
Ben Spurling

ED Bethea Retirement Community

Total calculated

$178,223

From this org

$155,695

From related orgs

$0

Other

$22,528

Hours/week

40

Schedule J breakdown matched by us

Base

$140,805

Bonus

$14,890

Other

$0

Deferred

$9,280

Nontaxable benefits

$13,248

Filer's total

$178,223
Polly Franks

ED Martha Franks Retirement Community

Total calculated

$176,012

From this org

$165,965

From related orgs

$0

Other

$10,047

Hours/week

40

Schedule J breakdown matched by us

Base

$151,274

Bonus

$14,691

Other

$0

Deferred

$7,580

Nontaxable benefits

$2,467

Filer's total

$176,012
Erin Benson

Director of Nursing Bethea Retirement Community

Total calculated

$132,473

From this org

$126,540

From related orgs

$0

Other

$5,933

Hours/week

40
Stewart O Jones

Director of IT

Total calculated

$106,425

From this org

$105,591

From related orgs

$0

Other

$834

Hours/week

40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Compensation committee
3 · Compensation survey or study
3 · Approval by the board or compensation committee
6a · Pay contingent on this organization's net earnings

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization: A non-fixed bonus payment was paid to the President/CEO as a catch-up payment to salary as approved by the independent Executive Board. The organization made nonfixed payments to its Executive Directors in the form of discretionary bonuses based on various performance metrics including Annual Net Operating Income results.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

South Carolina Baptist Convention

501(c)(3) · Association of Southern Baptist Churches · SC

Directly controlled by NA
Baptist Foundation of South Carolina

501(c)(3) · Institution of SCBC designated for the management of trust funds · SC

Directly controlled by South Carolina Baptist Convention

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Irrevocable Living Trust (1)

Trust · SC · controlled entity

Directly controlled by SCBMA
Charitable Remainder Unitrust (2)

Trust · SC · controlled entity

Directly controlled by SCBMA

Provenance

Return type: form_990
Tax year: 2022
Filed: 15 August 2024
IRS schema version: 2022v5.0
Source object: 202432289349301038

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.