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Nonprofiteer
← BETHANY ON 42ND

Form 990 for tax year 2024

Filed by BETHANY ON 42ND.

Totals

Total revenue
$23,160,345
Total expenses
$21,020,748
Contributions and grants received
$11,025
Grants paid
$0
Program service revenue
$22,709,453
Investment income
$269,246
Other revenue
$170,621
Total assets, end of year
$40,620,046
Total liabilities, end of year
$24,970,023
Net assets or fund balances, end of year
$15,650,023
Program services expenses (Part IX)
$19,163,391
Management and general expenses
$1,857,357
Fundraising expenses
$0
Program service expenses (Part III)
$19,163,391

Program services were 91.2% 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.

  • 1d · Related organizations

    $1,025

  • 1f · All other contributions, gifts and grants

    $10,000

  • 2a · Program service revenue: Resident Service Revenue

    total $22,537,585 · related or exempt $22,537,585

  • 2b · Program service revenue: Supporting Revenue

    total $171,868 · related or exempt $171,868

  • 3 · Investment income

    total $270,665 · excluded $270,665

  • 6a · Gross rents

    real property $170,621

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $170,621

  • 6d · Net rental income or loss

    total $170,621 · excluded $170,621

  • 7b · Less cost or other basis and sales expenses

    other assets $1,419

  • 7c · Gain or loss

    other assets -$1,419

  • 7d · Net gain or loss

    total -$1,419 · excluded -$1,419

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $10,828,827 · program services $10,132,093 · management and general $696,734

  • 8 · Pension plan contributions

    total $190,885 · program services $168,435 · management and general $22,450

  • 9 · Other employee benefits

    total $1,052,468 · program services $967,971 · management and general $84,497

  • 10 · Payroll taxes

    total $793,234 · program services $741,960 · management and general $51,274

  • 11b · Fees: legal

    total $4,714 · management and general $4,714

  • 11c · Fees: accounting

    total $13,800 · management and general $13,800

  • 11g · Fees: other

    total $1,443,871 · program services $1,443,871

  • 12 · Advertising and promotion

    total $15,163 · management and general $15,163

  • 13 · Office expenses

    total $787,913 · program services $264,235 · management and general $523,678

  • 14 · Information technology

    total $8,677 · management and general $8,677

  • 16 · Occupancy

    total $981,963 · program services $981,963

  • 17 · Travel

    total $86,234 · program services $86,234

  • 19 · Conferences, conventions and meetings

    total $18,531 · program services $15,140 · management and general $3,391

  • 20 · Interest

    total $870,387 · program services $859,782 · management and general $10,605

  • 22 · Depreciation, depletion and amortization

    total $2,187,578 · program services $2,162,000 · management and general $25,578

  • 23 · Insurance

    total $242,581 · program services $178 · management and general $242,403

  • 24a · Other expenses: Food

    total $707,020 · program services $707,020

  • 24b · Other expenses: Medical Supplies

    total $539,927 · program services $539,927

  • 24c · Other expenses: Bad Debt Expense

    total $133,651 · management and general $133,651

  • 24d · Other expenses: Recruitment

    total $63,821 · program services $58,982 · management and general $4,839

  • 24e · All other expenses

    total $49,503 · program services $33,600 · management and general $15,903

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,360,372 · end of year $2,142,873

  • 2 · Savings and temporary cash investments

    beginning of year $6,120,000 · end of year $2,399,039

  • 4 · Accounts receivable

    beginning of year $3,068,039 · end of year $3,345,355

  • 8 · Inventories for sale or use

    beginning of year $151,508 · end of year $191,077

  • 9 · Prepaid expenses and deferred charges

    beginning of year $327,775 · end of year $317,824

  • 10a · Land, buildings and equipment: cost or other basis

    $56,307,204

  • 10b · Land, buildings and equipment: accumulated depreciation

    $27,717,906

  • 10c · Land, buildings and equipment, net

    beginning of year $30,198,188 · end of year $28,589,298

  • 11 · Investments: publicly traded securities

    beginning of year $1,484,216 · end of year $1,559,172

  • 15 · Other assets

    beginning of year $1,643,023 · end of year $2,075,408

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,316,434 · end of year $1,419,015

  • 20 · Tax-exempt bond liabilities

    beginning of year $22,955,697 · end of year $21,705,076

  • 21 · Escrow or custodial account liability

    beginning of year $111,013 · end of year $124,542

  • 24 · Unsecured notes and loans payable

    beginning of year $767,974 · end of year $744,281

  • 25 · Other liabilities

    beginning of year $5,666,065 · end of year $977,109

  • 27 · Net assets without donor restrictions

    beginning of year $13,535,938 · end of year $15,650,023

Mission and programs · 2024

Mission

To provide living opportunities in a senior community shaped by Christian values.

Activities or mission (Part I)

Provide long term care services

  • Bethany on 42nd operates as a charitable organization consistent with the requirements of Internal Revenue Code Section 501(c)(3). Bethany on 42nd provides long term care services including skilled nursing care, transitional care, assisted living, and senior housing. Bethany on 42nd does not discriminate against individuals in the admissions process or in the delivery of care with regard to ability to pay for services. The organization's cash reserves are generally applied to expansion and replacement of existing facilities and equipment, amortization of mortgages, improvements in resident care, training and education, and community benefit activities.Continued on Schedule O...The governing board of Bethany on 42nd is made up of leaders in the Fargo-Moorhead business community. Consistent with its charitable mission, Bethany on 42nd provides community benefit to the area served. In 2024, community benefit activities included:*Volunteerism - coordinates a volunteers program that included 131 volunteers giving over 7,000 hours of service, providing mental stimulation and emotional support to Bethany on 42nd's 214 elderly residents. Volunteers included members of sponsoring churches, Experience Works program volunteers, business groups, and many student volunteers from the community's schools elementary, middle, high schools, and colleges.*Endowed scholarship programs and student loan repayment bonus opportunities - Bethany on 42nd recognizes that to continuously improve the organization's value to our community and our residents, to encourage life-long learning among employees, and to achieve an "employer of choice" status, it is in our best interest to provide opportunities to assist eligible employees in pursuing formal, healthcare-related education.*School partnerships - Bethany on 42nd works with area nursing and other healthcare-related programs to provide on-site training opportunities for students. In 2024, we had 87 nursing students complete clinical experiences at our facility. We provide a CNA training program for individuals in the Fargo-Moorhead community interested in pursuing a career as a nursing assistant. We also provide clinical site experience for an outside CNA training program, CPR training, and CNA testing and "test-out" classes. Other school partnerships include learning opportunities for dietetic students, and internship opportunities for students in social work, dietetics, activities, and LTC administration programs. *Assessment and referral services - our staff help to refer individuals needing long term care services to the appropriate agency in the community. Bethany on 42nd's licensed social workers provide guidance with medical assistance applications for residents/families.*Community Support - generalo Bethany on 42nd provides meeting room space and accommodations for non-profit organizations and community groups. o Facility space is open to use by outside groups for meetings, performances, activities, music recitals, and other programs.o Bethany on 42nd organizes employee participation in fundraising activities for Cass-Clay United Way and the Alzheimer's Association.*Community Support - leadership. Representatives from Bethany on 42nd serve on non-profit boards and civic organizations that work to improve the quality of life in the Fargo-Moorhead area:o President/CEO - serves on the BEK Care (dba Ethos Home Care and Hospice) board of directors, and various committees of the North Dakota Long Term Care Association (NDLTCA). Serves on the Workforce Committee for the American Health Care Association (AHCA) and the Board of Directors for ShareHouse Inc., Fargo.o Senior Executive of Resident Care - serves on the FM Clinical & Academic Collaborative, Great Plains & Lake Superior Quality Innovation Network, Resident Issues Committee of the NDLTCA, Ethos Board of Directors member, AHCA National Quality Team member, and as a NCLEX test reviewer/item reviewer for the National Board of Nursing. She also serves as an interviewer for the NDSU BSN nursing program/application process, serves on advisory panels for Rasmussen, NDSCS, Mayville, MState and NDSU nursing programs, and is a member of the AHCA workforce committee.o Senior Executive of Human Resources - serves as the Chair of the MState HR Program Advisory Committee, the Ethos Advisory Committee, the Find the Good Life recruiter network (a collaborative group working to recruit future workers to North Dakota), member of local HR group (FMHRA), member of national HR organization (SHRM), and a member of a local HR peer group that meets quarterly to discuss issues such as workforce recruitment and retention strategies.o Senior Executive of Housing/Assisted Living - serves as a Board Member of the Fargo West Rotary service club, member of the NDLTCA Assisted Living Committee, serves as a member of the NDLTCA Basic Care Committee, Assisted Living Director At Large Board Member for NDLTCA, and serves on the American Health Care Association/National Center for Assisted Living (AHCA/NCAL) Not-For-Profit Committee.o Senior Executive of Development & Community Relations - serves on the Public Affairs Committee of the Fargo- Moorhead-West Fargo Chamber of Commerce and with the Coalition of Service Providers for the Elderly.*Bethany on 42nd's care provided:o Bethany on 42nd Skilled - 116 skilled beds, with 42,308 days of care. Total Skilled employee hours - 358,945. Total expenses including management and general: $18,183,591.o Bethany Gables, senior housing with services - 40 apartments, 14,019 days of care, and 14,800 employee hours. Total expenses including management and general: $1,277,921.o Bethany Grace Pointe - 58 senior housing apartments. Days of service totaled 21,038, employee hours totaled 1,633, and total expenses including management and general were $1,400,494.

    Expenses $19,163,391 · Revenue $22,709,453

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Hertsgaard

    Trustee (as of April)

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Jack Rydell

    Chair (Jan-Mar)

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Paulette Amundson Chair

    (Apr-Dec) Vice Chair (Jan-Mar)

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Lianne Rockstad

    Trustee (as of April)

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Bruce Davidson

    Secretary (Jan-Mar)

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Neal Eriksmoen

    Trustee (Jan-Mar)

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Martha Leclerc

    Trustee (Jan-Mar)

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Dan Beauchamp Vice Chair

    (Apr-Dec) Trustee (Jan-Mar)

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Ben Carlsrud

    Secretary(Apr-Dec) Trustee(Jan-Mar)

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Roger Olson

    Treasurer

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Beth Renner

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Cheryl Anderson

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Jerilynn Bratner-Adams

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Laura Ness Owens

    Trustee (as of April)

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Rick Steen

    Trustee (as of April)

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • Shawn Stuhaug

    President/CEO

    Total calculated
    $399,400
    From this org
    $0
    From related orgs
    $373,201
    Other
    $26,199
    Hours/week
    18 + 32 related

    Schedule J breakdown matched by us

    Base
    $0 + $327,649 related
    Bonus
    $0 + $45,552 related
    Other
    $0
    Deferred
    $0 + $15,292 related
    Nontaxable benefits
    $0 + $11,026 related
    Filer's total
    $0 + $399,519 related
  • Kaye Angus

    CFO

    Total calculated
    $157,799
    From this org
    $0
    From related orgs
    $141,150
    Other
    $16,649
    Hours/week
    18 + 32 related

    Schedule J breakdown matched by us

    Base
    $0 + $129,488 related
    Bonus
    $0 + $11,662 related
    Other
    $0
    Deferred
    $0 + $6,087 related
    Nontaxable benefits
    $0 + $10,599 related
    Filer's total
    $0 + $157,836 related
  • Dawn Hummel

    Senior Exec Resident Care

    Total calculated
    $171,452
    From this org
    $0
    From related orgs
    $164,858
    Other
    $6,594
    Hours/week
    22 + 28 related

    Schedule J breakdown matched by us

    Base
    $0 + $157,358 related
    Bonus
    $0 + $7,500 related
    Other
    $0
    Deferred
    $0 + $6,594 related
    Nontaxable benefits
    $0 + $96 related
    Filer's total
    $0 + $171,548 related

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

None.

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
  • 6a · Pay contingent on this organization's net earnings
  • 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)

Part I, Line 3
The CEO is paid by a related exempt organization using comparability data; however, the Board of the related exempt organization also serves as the Board of the filing organization.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
13 August 2025
IRS schema version
2024v5.2
Source object
202542279349301234

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