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Bethany Foundation Council Bluff

Bethany Lutheran Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421241419 ✦ Council bluffs, IA ✦ Designated as a 501(c)(3)

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Overview

What is Bethany Foundation Council Bluff?

Bethany Foundation Council Bluff is a charitable organization situated at 7 Elliott Street, Council Bluffs, Iowa 51503. Its primary objective is to aid Bethany Lutheran Home in Council Bluffs, Iowa, by funding necessary equipment, supplies, improvements, and various services. Through its support, Bethany Lutheran Home can effectively carry out its mission, ultimately benefiting its residents. The Bethany Lutheran Foundation plays a vital role in enhancing the living conditions and care provided by Bethany Lutheran Home.


Official website here: www.blhs.care

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)

The Bethany Foundation Council Bluff has received an overall score of 83%, reflecting a solid performance in accountability and finance. This rating is significant as it indicates the organization meets several key financial management and governance standards. The score is derived entirely from the Accountability & Finance beacon, where the foundation excelled, particularly in maintaining a fully independent board and having a strong program expense ratio.

Strengths of the organization include a 100% independent board with five members, which suggests robust governance. The foundation also demonstrates effective asset management, with a liability to asset ratio of 0.00% and a high program expense ratio of 84.92%. These figures indicate that a substantial portion of its resources is directed toward its programs, which is a positive sign for potential donors looking for effective use of their contributions.

However, the foundation does have some limitations, notably missing policies for whistleblower protection and document retention and destruction, which are important aspects of comprehensive governance practices. Addressing these gaps could enhance their transparency and accountability further. Overall, the Bethany Foundation Council Bluff shows strong financial responsibility, but there is room for improvement in policy documentation.


This AI summary has been generated from information found on Charity Navigator.

Is Bethany Foundation Council Bluff legitimate?

Bethany Foundation Council Bluff is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethany Foundation Council Bluff submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.blhs.care

What is the mission statement of Bethany Foundation Council Bluff?

The Bethany Foundation's mission is centered around supporting an organization named Bethany Lutheran Home. This support is extended to aid in the fulfillment of Bethany Lutheran Home's own mission. The Bethany Foundation facilitates the acquisition of necessary equipment, supplies, and improvements, as well as purchasing miscellaneous services, all for the betterment of Bethany Lutheran Home.


Official website here: www.blhs.care

Who is the CEO of Bethany Foundation Council Bluff?

Dan Spellerberg is the Interim Cfo Through February 2023 of Bethany Foundation Council Bluff.


Official website here: www.blhs.care

What is the revenue of Bethany Foundation Council Bluff?

Bethany Foundation Council Bluff's revenue in 2022 was -$81,654.


Official website here: www.blhs.care

Who are the executives of Bethany Foundation Council Bluff and what are their salaries?

There 5 volunteers at Bethany Foundation Council Bluff.


Here are 6 key members and their salaries:


Michael Vaughn (Interim Cfo Through February 2023)
  • Compensation: $0
  • Related: $157,148
  • Other: $0
Stan Ullerich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonja Morton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Heithoff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Gregory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Kemmish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.blhs.care

Where can I find the form 990 for Bethany Foundation Council Bluff?

Bethany Foundation Council Bluff's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.blhs.care

Learn more at the official website: www.blhs.care

Mission Statement of Bethany Foundation Council Bluff

The Bethany Foundation, in its mission, is dedicated to supporting Bethany Lutheran Home in Council Bluffs, Iowa, as it carries out its own objectives. The primary role of the Bethany Foundation is to facilitate the acquisition of necessary equipment, supplies, and improvements, as well as the procurement of various services, all aimed at benefiting Bethany Lutheran Home. By doing so, the Bethany Foundation plays a crucial role in enhancing the overall operations and well-being of this institution.

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Impact




October, 2024

Bethany Foundation Council Bluffs significantly enhances the quality of care and services at Bethany Lutheran Home in Council Bluffs, IA. By funding the acquisition of essential equipment, supplies, and facility improvements, the foundation directly supports the home’s mission to provide an enriching environment for its residents. Additionally, the foundation facilitates various services that contribute to the overall well-being of the community it serves. This philanthropic effort ensures that residents receive the best possible care while fostering a supportive atmosphere that emphasizes dignity and compassion.




This information is meant to be a general summary of Bethany Foundation Council Bluff. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$81,654 (2022)
Expenses
$15,000 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$105,615
  • Gross Receipts: $1,892,312

Assets and Liabilities:

  • Total Assets: $4,409,819
  • Total Liabilities: $0
  • Net Assets: $4,409,819

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Organization Details

Founding Year

1984

Principal Officer

Dan Spellerberg

Main Address

7 ELLIOTT ST, COUNCIL BLUFFS, IA, 51503

NTEE Category

Code: T90 - Philanthropy

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