Overview
What is Bethel Lutheran Home?
Bethel Lutheran Home is a nonprofit organization committed to serving the elderly, located at 1001 S EGAN AVE, Madison, SD 570423336. The organization offers various levels of care, including a skilled/sub-acute nursing home with 59 beds, a 16-unit congregate housing addition, an assisted living center with 13 beds, four twin homes, and six cottage homes. In fiscal year 2022, Bethel Lutheran Home provided 18,521 long-term care nursing home days and 4,305 assisted living days. Employing 174 individuals, its mission is to support and grow the ongoing ministry of the Bethel community, sharing time, talent, and treasure. This nonprofit ministry is dedicated to caring for the elderly and enhancing their quality of life.
Official website here: www.bethelcommunity.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Bethel Lutheran Home has achieved a strong 90% rating from Charity Navigator, reflecting a high level of accountability and finance management. This rating is based solely on their Accountability & Finance score, showcasing their commitment to responsible financial practices and transparency. The organization features a fully independent board, ensuring unbiased governance and decision-making.
Strengths identified in the evaluation include their robust practices in financial oversight, with an Audit and Oversight Committee in place and no material diversion of assets reported. Additionally, the organization maintains a clear conflict of interest policy, enhances transparency by listing necessary documents on their website, and shows strong program expense ratios, indicating that a significant portion of their funding directly supports their programs.
However, it is worth noting that Bethel Lutheran Home is missing a whistleblower policy, which could be seen as a limitation in their governance framework. Despite this, the overall financial health and accountability practices of the organization portray a reliable commitment to its mission and to the responsible stewardship of donor funds.
This AI summary has been generated from information found on Charity Navigator.
Is Bethel Lutheran Home legitimate?
Bethel Lutheran Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethel Lutheran Home 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: $128,089
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,458,204
For more financial information, click here
Official website here: www.bethelcommunity.com
What is the mission statement of Bethel Lutheran Home?
Bethel Lutheran Home's mission is centered around supporting and growing the ongoing ministry of its community. This is achieved through the shared contributions of time, talent, and resources. The home's ministry extends to various levels of care for the elderly, including a skilled/sub-acute care nursing home, assisted living centers, congregate housing, and independent living options. The organization's mission is not just limited to providing care, but also aims to reinforce and strengthen the broader community.
Official website here: www.bethelcommunity.com
Who is the CEO of Bethel Lutheran Home?
Floyd Rummel is the President of Bethel Lutheran Home. The CEO's salary of Bethel Lutheran Home is $0 and their total compensation is $0.
Official website here: www.bethelcommunity.com
What is the revenue of Bethel Lutheran Home?
Bethel Lutheran Home's revenue in 2022 was $6,802,626.
Official website here: www.bethelcommunity.com
Who are the executives of Bethel Lutheran Home and what are their salaries?
The average compensation at Bethel Lutheran Home during 2022 was $14,864. There are 174 employees at Bethel Lutheran Home.
Here are 12 key members and their salaries (Bethel Lutheran Home's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $111,221
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- Other: $4,314
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- Other: $0
Official website here: www.bethelcommunity.com
Where can I find the form 990 for Bethel Lutheran Home?
Bethel Lutheran Home's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bethelcommunity.com
Learn more at the official website: www.bethelcommunity.com
Mission Statement of Bethel Lutheran Home
Bethel Lutheran Home, a ministry dedicated to the elderly, has a mission to uphold and foster the ongoing ministry of the Bethel community. They achieve this through the sharing of time, talent, and resources. The organization operates on various levels of care, including a skilled/sub-acute care nursing home with 59 Medicaid and Medicare-certified beds, a 16-unit congregate housing addition, a 13-bed assisted living center, four twin homes, and six cottage homes. Bethel Lutheran Home provides long-term care nursing home days for 18,521 individuals and assisted living days for 4,305 during FY22, demonstrating their commitment to caring for the elderly population.
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Impact
July, 2024
Bethel Lutheran Home provides essential care and support to the elderly in Madison, SD through its various levels of care facilities. With a skilled/sub-acute care nursing home, congregate housing, assisted living center, twin homes, and cottage homes, Bethel Lutheran Home offers a range of options to meet the diverse needs of the elderly population.
In the fiscal year 2022 alone, Bethel Lutheran Home provided 18,521 long-term care nursing home days and 4,305 assisted living days, demonstrating its significant impact on the well-being and quality of life of elderly individuals in the community. By offering Medicaid and Medicare certified services, Bethel Lutheran Home ensures that even those with limited financial resources can access the care they need.
Overall, Bethel Lutheran Home's mission to support and grow the ongoing ministry of the Bethel community through the sharing of time, talent, and treasure truly makes a difference in the lives of the elderly population it serves.
This information is meant to be a general summary of Bethel Lutheran Home. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $251
- Program Service Revenue: $6,151,294
- Gross Receipts: $6,802,626
Assets and Liabilities:
- Total Assets: $8,161,520
- Total Liabilities: $4,196,144
- Net Assets: $3,965,376
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENU
Revenue
$5,380,066
ASSISTED LIVING
Revenue
$434,510
APARTMENTS & TWIN HOME
Revenue
$292,617
OTHER PROGRAM SERVICES
Revenue
$29,087
Organization Details
Founding Year
1962
Phone
(605) 256-4539Principal Officer
Floyd Rummel
Main Address
1001 S EGAN AVE, MADISON, SD, 570423336
Website
www.bethelcommunity.comNTEE Category
Code: P750 - Human services
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