Overview
What is Bethany Home Inc?
Bethany Home Inc, located in Minden, Nebraska, is a dedicated nonprofit organization. Their primary mission is to offer long-term nursing home and assisted living care for the elderly residents of the surrounding area. This care is provided in a compassionate and supportive environment, ensuring the well-being and comfort of its residents. With a team of 125 dedicated professionals, Bethany Home Inc is committed to providing high-quality, long-term care for the elderly, enhancing their quality of life and enabling them to live with dignity and respect. The organization's address is 515 W 1 ST, Minden, NE 68959.
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 79% (3-Star out of Four Stars)**tar)**
Bethany Home Inc holds a Three-Star rating from Charity Navigator, which primarily reflects its Accountability & Finance score of 79%. The organization demonstrates strong governance with a fully independent board and high ratings for audit oversight, showing a commitment to transparency and financial health. However, there are gaps in its policies regarding conflict of interest and whistleblower protections, which could be potential areas for improvement.
In terms of financial management, Bethany Home Inc has a commendable program expense ratio of 93.68%, indicating a focus on funding its programs rather than administrative costs. Nevertheless, its liabilities to assets ratio at 59.63% suggests that it may have a significant portion of its assets tied up in liabilities, warranting attention to its long-term financial sustainability. Overall, the organization appears committed to its mission but could enhance its practices to further strengthen accountability.
Not Available.
This AI summary has been generated from information found on Charity Navigator.
Is Bethany Home Inc legitimate?
Bethany Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethany Home Inc 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: $120,916
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,705,484
For more financial information, click here
What is the mission statement of Bethany Home Inc?
Bethany Home Inc is committed to providing long-term nursing home and assisted living care for the elderly residents in its surrounding area. The organization's mission is centered around ensuring the well-being and comfort of its residents, offering them a safe and supportive environment for their later years. By providing such care, Bethany Home Inc aims to enhance the quality of life for its elderly residents, offering them the necessary assistance and support to maintain their independence and dignity. The institution's activities focus on offering long-term nursing home and assisted living care within its facilities.
Who is the CEO of Bethany Home Inc?
Delvin Schmidt is the President of Bethany Home Inc.
What is the revenue of Bethany Home Inc?
Bethany Home Inc's revenue in 2023 was $8,080,489.
Who are the executives of Bethany Home Inc and what are their salaries?
The average compensation at Bethany Home Inc during 2023 was $30,611. There are 125 employees and 9 volunteers at Bethany Home Inc.
Here are 10 key members and their salaries:
- Compensation: $120,916
- Related: $0
- Other: $9,605
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bethany Home Inc?
Bethany Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bethany Home Inc
Bethany Home Inc, a prestigious organization, is dedicated to providing long-term nursing home and assisted living care for the elderly residents in its vicinity. The primary mission of Bethany Home Inc is to ensure the well-being and comfort of its elderly residents, offering them a secure living environment where they can receive the necessary care and support. The organization's services are designed to cater to the unique needs of the elderly, providing them with a sense of community and companionship while ensuring their physical and emotional well-being. By offering long-term nursing home and assisted living care, Bethany Home Inc strives to enhance the quality of life for its residents, enabling them to age with dignity and respect.
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Impact
July, 2024
Bethany Home Inc provides essential long-term nursing home and assisted living care for elderly residents in the Minden area, Nebraska. Their impact is seen in the improved quality of life and well-being of the elderly individuals they serve. By offering a caring and supportive environment, Bethany Home Inc contributes to the health and happiness of their residents, ensuring they receive the personalized care they need in their later years. This organization plays a vital role in enhancing the lives of the elderly population in the community by providing specialized care tailored to their individual needs.
This information is meant to be a general summary of Bethany Home Inc. 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 2023.
- Investment Income: $86,498
- Program Service Revenue: $7,817,784
- Gross Receipts: $8,080,489
Assets and Liabilities:
- Total Assets: $12,678,267
- Total Liabilities: $7,560,395
- Net Assets: $5,117,872
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID PAYMENTS
Revenue
$2,941,245
ROOM & CARE - PRIVATE
Revenue
$2,729,585
ASSISTED LIVING REVENUE
Revenue
$1,431,739
MEDICARE PAYMENTS
Revenue
$692,460
MEALS ON WHEELS
Revenue
$22,755
Organization Details
Founding Year
1920
Phone
(308) 832-1594Principal Officer
Delvin Schmidt
Main Address
515 W 1 ST, MINDEN, NE, 68959
NTEE Category
Code: E91Z - Health
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