2024-08-15T15:31:05+00:00 2023-09-30 363990892 Capin Crouse LLP 2435 Research Parkway Suite 200 Colorado Springs CO 80920 990 2022-10-01 452666295 BSLC II BSLC 7194810100 15475 Gleneagle Drive Colorado Springs CO 80921 Dana Rasic President 7194810100 2024-08-15 true true Daren Daiga P01074795 5055022746 2022 2024-08-08 14:25:15Z Bethesda Senior Living Communities Dana Rasic 15475 Gleneagle Drive Colorado Springs CO 80921 35871048 false X www.bethesdaseniorliving.com X 2011 NE To serve seniors by enriching their physical, emotional and spiritual health in our communities. 8 5 0 16 0 0 2199527 213679 31217868 33126625 91502 161617 134378 101164 33643275 33603085 3389 7530 0 0 13691874 16129939 0 0 18335246 14911741 32030509 31049210 1612766 2553875 100378798 102535199 93457105 92484253 6921693 10050946 To serve seniors by enriching their physical, emotional, and spiritual health in a nurturing environment at our communities. Our Vision: To expand outreach and service to as many communities as God wills through expansion, acquisition, management contracts, and programming. false false 30383715 7530 33208684 Development and operation of tax exempt assisted living communities, independent living communities, and memory care facilities for seniors in Colorado, Texas, and Missouri. Cared for an average of 654 residents during the fiscal year ended 9/30/2023. 30383715 true true false true false false false false false true false false true true false false true false false false false false false false false false false false true true false false false false false false false false false false false false false false false true false false false true X 115 0 true 0 false false false false false false false false false false false false X 8 5 true true false false false true false true true false false true true true true true true false false false CO X Nathan Merrill 7194810100 15475 Gleneagle Drive Colorado Springs CO 80921 Dana Rasic President & Director 10.0 53.0 X X 0 365551 40800 Jenny Kennedy Secretary & Director 1.5 5.0 X X 0 11988 0 Nathan Merrill CFO, Treasurer & Director 10.0 47.5 X X 0 264356 42384 Rick Summers Vice President & Director 20.0 35.0 X X 0 258044 19959 Dale Turner Director 2.0 8.5 X 2375 59458 3483 Daniel Vagle Director 2.0 6.8 X 0 61833 3609 Don Morgan Director 2.0 7.8 X 0 61833 3385 Larry Smith Director 3.0 9.0 X 0 30667 94 Austin Harbach Assistant Secretary 12.0 44.5 X 0 103942 14609 Tom Workman Assistant Secretary 1.0 3.8 X 0 0 0 Joshua Thomas VP of Strategy & Development 22.5 22.5 X 0 166654 25385 Andrew McCormick Regional Director of Operations 22.5 22.5 X 0 142696 28433 Bryan Beamer VP Construction 22.5 22.5 X 0 130714 5018 Kris Gillen VP of Sales & Marketing 22.5 22.5 X 0 174251 6181 Kristen Jacoby Regional Director of Operations 22.5 22.5 X 0 139275 4975 Michelle Ingerson VP Health Services (part year) 22.5 22.5 X 0 162335 16122 2375 2133597 214437 0 false true false Healthcare Services Group Inc PO Box 829677 Philadelphia PA 191829677 Housekeeping and Food Services 954070 Networks Connect Healthcare Staffing 7930 Castleway Drive Indianapolis IN 46250 Healthcare Staffing 510571 Ridge View Construction Inc 12075 Silver Concho Trail Elbert CO 80106 Construction 376750 Direct Supply Inc PO Box 88201 Milwaukee WI 532880201 Equipment & Installation 370169 The Carpet Shoppe Inc 1827 E Seminole Springfield MO 65804 Flooring & Installation 178548 10 206179 7500 213679 Assisted Living 722320 32410457 32410457 Community Fees 900099 716168 716168 0 0 0 0 33126625 309815 309815 19105 0 19105 0 19105 19105 2119765 0 2261214 6749 -141449 -6749 -148198 -148198 Misc income 900099 82059 82059 0 0 0 0 0 0 0 0 82059 33603085 33208684 0 180722 7530 7530 0 0 13981993 13981993 180678 180678 874920 874920 1092348 1092348 506479 506479 62195 62195 23260 23260 24748 24748 1170094 1156222 13872 0 603632 603632 2845105 2843158 1947 144257 144257 2844568 2809930 34638 71178 71060 118 46382 46382 1829696 1829696 3393726 3371126 22600 1224699 1213639 11060 Dues, Licenses, Fees 66956 66617 339 Bad Debt 28332 28332 Bond Admin Fees 26434 26434 0 0 0 0 31049210 30383715 665495 0 64572 751912 75567 100403 225657 363735 0 0 42999 33394 329614 121755 86408362 51978719 36708219 34429643 3699165 3190973 676138 1135360 0 58556867 62408024 100378798 102535199 1384175 1318789 347151 242776 91725779 90392450 0 0 530238 93457105 92484253 X 6921693 10050946 6921693 10050946 100378798 102535199 2553875 575378 0 X false true X true false X X 2 Bethesda Foundation 470497753 9 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 0 0 0 0 31049210 92578914 31049210 92578914 1000000 1000000 250000 250000 0 0 0 0 1000000 1000000 2000000 3000000 0 0 0 250000 250000 500000 750000 0 0 0 Schedule C, Part II-A Per the IRS instructions, the organization is required to complete Schedule C because they have a 501(h) election in place. During the year, the organization did not have any lobbying activity to report. 2322679 2322679 77023443 46089007 30934436 7012826 5889712 1123114 49414 49414 34429643 Escrow 8300 Intercompany receivables 62399724 Bond reserve fund 62408024 Bond reserve fund 530238 530238 false false false false false false false false false Dana Rasic President & Director 0 329316 0 30000 0 6235 0 9438 0 31362 0 406351 0 0 Nathan Merrill CFO, Treasurer & Director 0 230731 0 20000 0 13625 0 7962 0 34422 0 306740 0 0 Rick Summers Vice President & Director 0 241475 0 12000 0 4569 0 7217 0 12742 0 278003 0 0 Joshua Thomas VP of Strategy & Development 0 155745 0 10000 0 909 0 5342 0 20043 0 192039 0 0 Kris Gillen VP of Sales & Marketing 0 160073 0 13685 0 493 0 5090 0 1091 0 180432 0 0 Michelle Ingerson VP Health Services (part year) 0 155432 0 6585 0 318 0 4919 0 11203 0 178457 0 0 Andrew McCormick Regional Director of Operations 0 135994 0 4032 0 2670 0 4539 0 23894 0 171129 0 0 A Colorado Health Facilities Authority 840752932 19648FJA3 2018-12-27 95743545 Improvement and Refunding Issues 5/2/2016, 2/7/2014, 9/26/2011 false false true A 6285516 95743545 1995402 93748143 2018 true true true true A false false false false 0.0 0.0 0.0 false false true A false false false true false false false false true A true Schedule K, Part I, Column (i) The BSLC II Schedule K reflects the proportionate amount of the 2018 bond issue used by or for the benefit of BSLC II. The remaining portion of the 2018 bond issue is reported on Schedule K for Bethesda Foundation, a related entity, to reflect the amount used by or for the benefit of Bethesda Foundation. Schedule K, Part IV, Line 2c COLUMN A Issuer name: Colorado Health Facilities Authority The calculation for computing no rebate due was performed on 12/27/2023 Form 990, Part V, Line 2a Staff are compensated by a related organization, Bethesda Foundation, under a shared services management agreement. Under the shared services agreement, employees split their time between BSLC II and Bethesda Foundation and therefore there are no employees who work solely for the filing organization. Bethesda Foundation files all required payroll information returns as required by the IRS. Part IX, Lines 7-10 represent the filing organization's share of the compensation expense under the shared services agreement. Form 990, Part VI, Line 15 BSLC II does not have employees or officers that receive compensation through BSLC II. All functions of running BSLC II communities have been delegated to Bethesda Foundation under a management contract. Therefore, these lines were answered no in accordance with the instructions. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Dan Vagle and Dale Turner - Family relationship, Dana Rasic, Nathan Merrill, Dale Turner, Austin Harbach, and Tom Workman - Business relationship Form 990, Part VI, Line 3 Delegation of management duties BSLC II's communities are managed by Bethesda Foundation under a management contract. See explanation for Part V, Line 2a. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The Board of Directors of Bethesda Foundation appoints the Directors of BSLC II. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by an independent CPA firm and is reviewed in detail by the CFO and Accounting Manager. The final version of the Form 990 is distributed via email to the organization's Board of Directors. Management answers all questions and incorporates the changes, if necessary, into the Form 990 prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy Conflict of interest forms are completed annually by officers, directors and key employees and are presented to the board for approval. When a potential conflict arises during the year, the officer, director or key employee is responsible for updating the conflict of interest form and the revised form is provided to the board for approval. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 19 Required documents available to the public The organization's governing documents, conflict of interest policy and audited financial statements are available upon request. Form 990, Part VII, Section A, Line 1a Many of the officers and directors provide services to affiliated organizations. The hours shown are specific to this organization but the compensation is total compensation for services provided to all of the affiliated organizations. Form 990, Part VII, Section A, Line 1a Independent Board Members: Board members Daniel Vagle, Dale Turner, Don Morgan and Larry Smith were reasonably compensated solely for services provided in their capacity as members of the governing body. Therefore they are independent members of the board. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue - Total Revenue: 0, Related or Exempt Function Revenue: 0, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Bethesda Associates 15475 Gleneagle Drive Colorado Springs CO 80921 841087692 Support Org NE 501(c)(3) Type I Bethesda Foundation false Bethesda Christian Broadcasting 15475 Gleneagle Drive Colorado Springs CO 80921 841162754 Christian Radio NE 501(c)(3) 10 Bethesda Foundation false Bethesda Foundation 15475 Gleneagle Drive Colorado Springs CO 80921 470497753 Asst'd Living NE 501(c)(3) 10 NA false LifeStream Complete Senior Living Inc 11555 West Peoria Avenue Youngtown AZ 85363 237458267 Assisted Living AZ 501(c)(3) 10 NA false LifeStream Complete Senior Living at Thunderbird Inc 11555 West Peoria Avenue Youngtown AZ 85363 860739097 Assisted Living AZ 501(c)(3) 10 NA false LifeStream Complete Senior Living at NorthEast Phoenix Inc 11555 West Peoria Avenue Youngtown AZ 85363 860682800 Assisted Living AZ 501(c)(3) 10 NA false LifeStream Complete Senior Living at Sunridge Inc 11555 West Peoria Avenue Youngtown AZ 85363 860712529 Assisted Living AZ 501(c)(3) 10 NA false Sun Valley Lodge 12415 N 103rd Ave Sun City AZ 85351 860199887 Assisted Living AZ 501(c)(3) 10 N/A false Bethesda Real Estate Company 15475 Gleneagle Drive Colorado Springs CO 80921 841133889 Real Estate Mgmt CO NA C Corporation false false false false false false false false false false false false false true false false true true false true BSLC II 15475 Gleneagle Drive Colorado Springs CO 80921 452666295 X 0 0 0 31049210 31049210 1000000 250000 0 0 0 Bethesda Foundation 15475 Gleneagle Drive Colorado Springs CO 80921 470497753 X 0 0 0 55679768 55679768 1000000 250000 0 0 0 Bethesda Associates 15475 Gleneagle Drive Colorado Springs CO 80921 841087692 0 0 0 5803019 5803019 440151 110038 0 0 0 Bethesda Christian Broadcasting 15475 Gleneagle Drive Colorado Springs CO 80921 841087689 0 0 0 46917 46917 9383 2346 0 0 0