Overview
What is Bethesda Foundation?
Bethesda Foundation is a nonprofit organization dedicated to developing and operating tax-exempt assisted living communities, independent living communities, and memory care facilities for seniors across Arizona, Colorado, Missouri, Nebraska, and Texas. With a mission to enrich the physical, emotional, and spiritual health of seniors, they cared for an average of 891 residents during the fiscal year ended September 30, 2022. Based on the provided information, they employ a total workforce of 1597 individuals. Their vision is to expand their outreach and services to more communities through various means.
Official website here: www.bethesdaseniorliving.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The Bethesda Foundation has received a moderate rating on Charity Navigator, reflecting a score of 73%, which indicates some strengths in accountability and financial management. Notable strengths include a well-structured independent board size and strong financial oversight, with perfect scores in areas such as audit and conflict of interest policies. Additionally, the foundation has demonstrated responsible management of its assets and a commitment to whistleblower protections.
However, the organization has room for improvement, particularly in the area of board independence, as it scored zero points for having independent board members. There is also a significant concern regarding its liabilities to assets ratio, which received zero points, indicating potential financial risk. Furthermore, the foundation has not made its tax form readily available on its website, which may hinder transparency and accessibility for stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Bethesda Foundation?
90% of 37 reviewers on Facebook recommend the Bethesda Foundation. Here is a summary of their reviews:
Many individuals express their appreciation for the welcoming environment and the variety of activities available for seniors. One volunteer highlighted the excellent opportunities for engagement and enrichment that the foundation offers to retirees. Additionally, the organization seems to encourage community involvement by actively seeking volunteers, making it an inviting space for those looking to contribute.
Overall, the sentiment towards Bethesda Foundation is positive, with current and past volunteers praising the supportive atmosphere and the meaningful experiences provided for older adults. The foundation appears to effectively deliver on its commitment to enhancing the lives of seniors through its programs and community engagement efforts.
This AI summary has been generated from reviews found on Facebook.
Is Bethesda Foundation legitimate?
Bethesda Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethesda Foundation 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: $578,092
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,307,623
For more financial information, click here
Official website here: www.bethesdaseniorliving.com
What is the mission statement of Bethesda Foundation?
The Bethesda Foundation is dedicated to improving the lives of seniors by focusing on their physical, emotional, and spiritual well-being. They strive to create nurturing environments where seniors can thrive and live fulfilling lives. The organization's vision extends beyond its current reach, aiming to serve more communities in the future through expansion, acquisition, and management contracts. The Bethesda Foundation manages assisted living communities, independent living communities, and memory care facilities, providing care for an average of 891 residents annually.
Official website here: www.bethesdaseniorliving.com
Who is the CEO of Bethesda Foundation?
Dana Rasic is the President, Chair & Director of Bethesda Foundation.
Official website here: www.bethesdaseniorliving.com
What is the revenue of Bethesda Foundation?
Bethesda Foundation's revenue in 2022 was $48,564,730.
Official website here: www.bethesdaseniorliving.com
Who are the executives of Bethesda Foundation and what are their salaries?
The average compensation at Bethesda Foundation during 2022 was $12,452. There are 1597 employees and 49 volunteers at Bethesda Foundation.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $334,716
- Other: $34,331
- Compensation: $0
- Related: $249,122
- Other: $34,070
- Compensation: $235,196
- Related: $0
- Other: $20,773
- Compensation: $165,168
- Related: $0
- Other: $15,865
- Compensation: $136,819
- Related: $0
- Other: $26,558
- Compensation: $156,710
- Related: $0
- Other: $5,112
- Compensation: $136,596
- Related: $0
- Other: $24,067
- Compensation: $127,073
- Related: $0
- Other: $4,322
- Compensation: $130,246
- Related: $0
- Other: $13,259
- Compensation: $0
- Related: $120,014
- Other: $13,629
- Compensation: $0
- Related: $79,393
- Other: $12,188
- Compensation: $0
- Related: $57,000
- Other: $3,483
- Compensation: $28,500
- Related: $28,500
- Other: $3,609
- Compensation: $28,500
- Related: $28,500
- Other: $3,385
- Compensation: $30,875
- Related: $0
- Other: $827
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bethesdaseniorliving.com
Where can I find the form 990 for Bethesda Foundation?
Bethesda Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bethesdaseniorliving.com
Learn more at the official website: www.bethesdaseniorliving.com
Mission Statement of Bethesda Foundation
Bethesda Foundation, a renowned nonprofit organization, is dedicated to improving the lives of seniors by enhancing their physical, emotional, and spiritual well-being. With a nurturing approach, the Foundation aims to create communities where seniors can thrive.
Bethesda Foundation's mission is to serve seniors by enriching their lives in all aspects. This encompasses their physical health with the provision of assisted living, independent living, and memory care facilities. Emotionally, the organization offers support and care tailored to meet each senior's unique needs. Spiritually, Bethesda Foundation provides opportunities for seniors to engage in meaningful activities and connect with their faith.
The Foundation envisions expanding its reach to help seniors in various communities. This growth is planned through expansion, acquisition, management contracts, and programming. Bethesda Foundation has made a significant impact, caring for an average of 891 residents during the last fiscal year. By focusing on the holistic development of seniors, the Foundation is able to make a positive difference in their lives.
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Impact
October, 2024
Bethesda Foundation significantly enriches the lives of seniors through the development and operation of assisted living, independent living, and memory care facilities across multiple states, including Arizona, Colorado, Missouri, Nebraska, and Texas. By caring for an average of 891 residents during the fiscal year ended September 30, 2022, the foundation focuses on enhancing their physical, emotional, and spiritual health.
Their well-structured communities provide a nurturing lifestyle, enabling seniors to thrive in a supportive environment. With a vision to expand outreach and services, Bethesda Foundation emphasizes their commitment to fostering community growth through strategic expansion, acquisition, management contracts, and innovative programming. Their mission underscores a holistic approach to senior care, promoting wellness and dignity among older adults.
This information is meant to be a general summary of Bethesda Foundation. 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: $726,090
- Program Service Revenue: $43,617,790
- Gross Receipts: $50,625,328
Assets and Liabilities:
- Total Assets: $103,543,302
- Total Liabilities: $98,695,352
- Net Assets: $4,847,950
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Assisted Living
Revenue
$40,583,035
Subsidiary Mgmt
Revenue
$2,299,161
Community Fees
Revenue
$735,594
Organization Details
Founding Year
1959
Phone
(719) 481-0100Principal Officer
Dana Rasic
Main Address
15475 Gleneagle Drive, Colorado Springs, CO, 80921
Website
www.bethesdaseniorliving.comNTEE Category
Code: P750 - Human services
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