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Nonprofiteer
← BETHANY PLACE INC

Form 990 for tax year 2022

Filed by BETHANY PLACE INC.

Totals

Total revenue
$70,357
Total expenses
$1,075,736
Contributions and grants received
$0
Grants paid
$1,055,168
Program service revenue
$39
Investment income
$68,115
Other revenue
$2,203
Total assets, end of year
$2,072,826
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,072,826
Program services expenses (Part IX)
$1,075,567
Management and general expenses
$169
Fundraising expenses
$0
Program service expenses (Part III)
$1,075,567

Program services were 100.0% 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.

  • 2a · Program service revenue: LAUNDRY

    total $39 · related or exempt $39

  • 3 · Investment income

    total $68,115 · excluded $68,115

  • 11a · Other revenue: OTHER INCOME

    total $2,203 · related or exempt $2,203

  • 11e · Other revenue, total

    $2,203

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,055,168 · program services $1,055,168

  • 7 · Other salaries and wages

    total $3,125 · program services $2,969 · management and general $156

  • 10 · Payroll taxes

    total $267 · program services $254 · management and general $13

  • 11a · Fees: management

    total $15,000 · program services $15,000

  • 11b · Fees: legal

    total $490 · program services $490

  • 11c · Fees: accounting

    total $465 · program services $465

  • 13 · Office expenses

    total $348 · program services $348

  • 24a · Other expenses: OTHER

    total $873 · program services $873

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,057,693 · end of year $2,072,826

  • 2 · Savings and temporary cash investments

    beginning of year $20,562

  • 17 · Accounts payable and accrued expenses

    beginning of year $50

  • 27 · Net assets without donor restrictions

    beginning of year $3,078,205 · end of year $2,072,826

Mission and programs · 2022

Mission

LOW INCOME HOUSING

  • LOW INCOME HOUSING ON A LEASE/RENTAL BASIS. PROPERTY WAS FORMERLY UNDER THE REGULATIONS OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPEMENT (HUD), BUT NOW AFTER THE PASSING OF HUD TIME RESTRICTIONS, IS OPERATED FOR THE BENEFIT OF LOW INCOME TENANTS ON AN INDEPENDENT BASIS. PROPERTY WAS SOLD IN APRIL OF 2022. THE ORGANIZATION WILL MANAGE THE PROCEEDS FROM THE SALE ACCORDING TO THEIR BY-LAWS.

    Expenses $1,075,567 · Grants $1,055,168

As filed on the 2022 return.

Listed in Part VII

  • Doug Adams

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kerry Albright

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bobby Dixon

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jim Dunn

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Kent Gering

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Coy League

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Doug Poff

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sonja White

    TREASURER

    Total calculated
    $0
    Hours/week
    5

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
8 November 2023
IRS schema version
2022v5.0
Source object
202303179349307035

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

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