2025-08-15T12:49:17+00:00 2024-09-30 332621854 CRI Capin Crouse Advisors LLC 345 Massachusetts Ave Suite 300 Indianapolis IN 46204 990 2023-10-01 470497753 Bethesda Foundation BETH 7194810100 15475 Gleneagle Drive Colorado Springs CO 80921 Dana Rasic President, Chair & Director 7194810100 2025-08-15 true Daren Daiga P01074795 5055022746 2025-08-15 2023 2025-03-06 01:10:19Z Bethesda Senior Living Communities Dana Rasic 15475 Gleneagle Drive Colorado Springs CO 80921 59521928 false X www.bethesdaseniorliving.com X 1959 NE Serving seniors by enriching their physical, emotional and spiritual health. 10 5 1754 34 1200 0 866996 594874 47550924 52496162 306350 3950396 324508 183471 49048778 57224903 31794 34284 0 0 26672688 29382414 0 0 28975286 27991786 55679768 57408484 -6630990 -183581 109553780 109156037 110861173 109801806 -1307393 -645769 To serve seniors by enriching their physical, emotional, and spiritual health in a nurturing lifestyle 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 48370422 34284 52645967 Development and operation of tax exempt assisted living communities, independent living communities, and memory care facilities for seniors in Arizona, Colorado, Missouri, Nebraska, and Texas. Cared for an average of 946 residents during the fiscal year ended 9/30/2024. 48370422 true true false true false false false false false true false false false true false false true false false true false false false false false false true true true true false false false false false false false false false false false false false false true true true true false false true 197 0 true 1754 true true true false false false false false false false false false false false X 10 5 true true false false false false false true true false false true true true true true true true true false CO KS X Nathan Merrill 7194810100 15475 Gleneagle Drive Colorado Springs CO 80921 Dana Rasic President, Chair & Director 25.0 37.0 X X 0 364389 43634 Daniel Vagle Vice Chair & Director 2.0 5.0 X X 0 61000 3609 Jenny Kennedy Secretary & Director 1.5 5.0 X X 0 10453 0 Nathan Merrill CFO, Treasurer & Director 25.0 32.0 X X 0 249361 44313 Rick Summers Vice President & Director 25.0 35.0 X X 241509 0 19641 Christi Miller VP of Human Resources & Director 20.0 30.0 X 0 161006 17377 Dale Turner Director 2.0 7.0 X 0 61000 3483 Don Morgan Director 2.0 6.0 X 61000 0 3385 Kristen Jacoby Regional Dir of Ops & Director 25.0 25.0 X 133698 0 3319 Larry Smith Director 3.0 7.0 X 30500 0 4716 Austin Harbach Assistant Secretary 25.0 31.0 X 0 115312 14863 Kimberly Erickson Chief Operating Officer 30.0 25.0 X 0 0 0 Tom Workman Assistant Secretary 1.0 3.5 X 0 0 0 Joshua Thomas VP of Strategy & Development 15.0 40.0 X 165736 0 25442 Andrew McCormick Regional Director of Operations 25.0 25.0 X 135254 0 28854 Brittney Moore VP of Health Services 24.0 31.0 X 152172 0 7297 Earl Saxon Jr Regional Director of Operations 25.0 25.0 X 150034 0 14678 Kris Gillen VP of Sales & Marketing 30.0 25.0 X 157731 0 5752 William Schwingen Regional Director of Operations 15.0 40.0 X 130743 0 26598 1358377 1022521 266961 15 false true false Brinkmann Constructors 16650 Chesterfield Grove Rd Chesterfield MO 63005 Construction 6602579 Ridge View Construction Inc 12075 Silver Concho Terrace Elbert CO 80106 Construction 1496210 Healthcare Services Group Inc PO Box 829677 Philadelphia PA 191829677 Food & Housekeeping Services 1113749 Direct Supply Inc PO Box 88201 Milwaukee WI 532880201 Construction and Purchasing 698572 Networks Connect Healthcare Staff 7930 Castleway Drive Indianapolis IN 46250 Healthcare Staffing Services 504892 19 563456 31418 594874 Assisted Living 623312 48937441 48937441 Subsidiary management 900099 2654721 2654721 Community Fees 900099 904000 904000 0 0 0 0 52496162 358865 358865 32466 1200 32466 1200 33666 1200 32466 888556 5000000 664809 1632216 223747 3367784 3591531 3591531 149805 149805 0 0 149805 57224903 52645967 1200 3982862 13565 13565 20719 20719 0 0 799845 799845 24748789 21857445 2891344 309791 243811 65980 1606920 1474979 131941 1917069 1694765 222304 612659 612659 62575 37476 25099 109058 46237 62821 11789 11789 4144774 1672277 2472497 0 1169473 1126397 43076 3884449 3827785 56664 850268 161476 688792 3922218 3793491 128727 631969 95897 536072 199816 71571 128245 4313494 4313494 6016105 5961200 54905 1779856 1724684 55172 Dues, Licenses and Fees 169055 156463 12592 Bad Debt 76690 76690 Bond Admin Fees 37538 37538 0 0 0 0 57408484 48370422 9038062 0 1963305 813609 5711 48188 2038000 1401942 0 0 0 0 3000000 5927612 79787 73337 955663 622148 146948247 60410354 86074554 86537893 0 5578093 5441127 0 4494000 4494000 5364667 3796181 109553780 109156037 3306414 2754191 266808 459631 23883595 23494907 0 0 16401895 21100368 67002461 61992709 110861173 109801806 X -1307393 -645769 -1307393 -645769 109553780 109156037 X -183581 67425 777780 X false true X true false X 752639 4593894 4034057 866996 594874 10842460 36504187 38454743 43617790 47550924 52496162 218623806 0 0 0 37256826 43048637 47651847 48417920 53091036 229466266 0 0 0 0 0 0 1794513 878547 1403026 17518 1582077 5675681 1794513 878547 1403026 17518 1582077 5675681 223790585 139651 223763 163486 212594 391331 1130825 0 139651 223763 163486 212594 391331 1130825 44441 34931 0 0 79372 93469 104762 168281 265598 149805 781915 37534387 43377162 48018545 48896112 53632172 231458378 0.9669 0.9639 0 0.0 X Schedule A, Part III The organization is a public charity under section 509(a)(2) and completes Schedule A (Form 990), Part III. The organization has analyzed Schedule A (Form 990), Part II and established that it meets the 33 1/3% public support requirements under sections 509(a)(1) and 170(b)(1)(A)(vi), thus it qualifies to use the first listed special rule for Schedule B (Form 990) reporting. Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISC. INCOME, COLUMN A - 93469.0, COLUMN B - 104762.0, COLUMN C - 168281.0, COLUMN D - 265598.0, COLUMN E - 149805.0, COLUMN F - 781915.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 0 0 0 0 57406234 96669680 57406234 96669680 1000000 1000000 250000 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 1311 0 0 0 1311 250000 250000 250000 250000 1000000 1500000 1311 0 0 0 1311 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. 13168875 13168875 121013952 52650489 68363463 10867992 7759865 3108127 1897428 1897428 86537893 Intercompany Payables 61992709 Related organization payable 61992709 Central America and the Caribbean 0 0 Investments 377709 0 0 0 0 0 0 377709 0 377709 false false false false true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual true OneChild Global 15475 Gleneagle Dr Colorado Springs CO 80921 841087689 501(c)(3) 9315 Organizational Support 1 0 Employee Assistance 23 20719 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds The organization made grants to OneChild Global with which it has a close relationship, including one common board member, and is provided with written reports on the use of the funds for sponsored children and various projects. Employee benevolence fund - Bethesda Foundation has an employee benevolence fund that was established to assist employees in times of hardship. A committee made up of Bethesda Foundation employees review grant applications submitted and vote upon which to approve for assistance. Grants approved are made payable directly to landlords, utility companies, mortgage companies, etc., rather than to the employee. The assistance is capped at $2,000. X true true X X X X false false false false false false false true false Dana Rasic President, Chair & Director 0 341027 0 17100 0 6262 0 9979 0 33655 0 408023 0 0 Nathan Merrill CFO, Treasurer & Director 0 237109 0 0 0 12252 0 7577 0 36736 0 293674 0 0 Rick Summers Vice President & Director 235644 0 0 0 5865 0 7228 0 12413 0 261150 0 0 0 Christi Miller VP of Human Resources & Director 0 160648 0 0 0 358 0 4964 0 12413 0 178383 0 0 Joshua Thomas VP of Strategy & Development 163610 0 0 0 2126 0 5211 0 20231 0 191178 0 0 0 Earl Saxon Jr Regional Director of Operations 149667 0 0 0 367 0 4565 0 10113 0 164712 0 0 0 Andrew McCormick Regional Director of Operations 133062 0 0 0 2192 0 4341 0 24513 0 164108 0 0 0 Kris Gillen VP of Sales & Marketing 154873 0 0 0 2858 0 4658 0 1094 0 163483 0 0 0 Brittney Moore VP of Health Services 151734 0 0 0 438 0 4570 0 2727 0 159469 0 0 0 William Schwingen Regional Director of Operations 128675 0 0 0 2068 0 4227 0 22371 0 157341 0 0 0 Schedule J, Part I, Line 1a Travel for companions Travel for companions was provided to Rick Summers, Vice President and Director, Joshua Thomas, VP of Strategy & Development, and William Schwingen, Regional Director of Operations. This benefit was included in taxable compensation. Schedule J, Part I, Line 7 Non-fixed payments The organization and related entities pay discretionary bonuses to their officers, directors, and key employees from time to time. The frequency and amount of the bonuses are determined by the Administrative Committee, CEO, or other management, and based on factors such as overall job performance, substantial extra projects, etc. The organizations do not have any employment contracts which obligate the payment of bonuses in the future. A Colorado Health Facilities Authority 840752932 19648FJA3 2018-12-27 28324417 Improvement and Refunding Issues 5/2/2016, 2/7/2014, 9/26/2011 false false true A 2287542 28324417 485957 5007163 22831297 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 Bethesda Foundation Schedule K reflects the proportionate amount of the 2018 bond issue used by or for the benefit of Bethesda Foundation. The remaining portion of the 2018 bond issue is reported on Schedule K for BSLC II, a related entity, to reflect the amount used by or for the benefit of BSLC II. 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 VI, Line 2 Family/business relationships amongst interested persons Daniel 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 Certain officer functions for Bethesda Foundation are performed by management of Bethesda Associates under a cost-sharing practice. The officer compensation under the cost-sharing agreement is included on Part VII. 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 for review and comments over a two day period prior to filing. Management answers all questions and incorporates the changes, if necessary, into the Form 990 prior to filing. After two days, the review period is closed. 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 15a Process to establish compensation of top management official The organization utilizes the services of Payscale,Inc. to perform regular independent compensation studies for all officers and key employees and the results are provided to the Administrative committee of the board for review and approval. The approval process is documented in the minutes. Form 990, Part VI, Line 15b Process to establish compensation of other employees See narrative for Form 990, Part VI, Line 15a 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, Larry Smith and Jenny Kennedy were reasonably compensated solely for services provided in their capacity as members of the governing body. Therefore, they meet the definition of an independent board member per the Form 990 instructions. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Misc. Income - Total Revenue: 149805, Related or Exempt Function Revenue: 149805, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in investment in captive insurance held by related organization - 777780; Schedule F, Part IV, Line 5 The organization has analyzed its ownership in the foreign partnership and has determined that it does not meet the reporting threshold for filing Form 8865. BSLC Thornton LLC 15475 Gleneagle Drive Colorado Springs CO 80921 464174496 Senior Living CO 7081597 23667097 Bethesda Foundation BSLC Loveland LLC 15476 Gleneagle Drive Colorado Springs CO 80921 464185812 Senior Living CO 6314729 16643018 Bethesda Foundation BSLC Monument LLC 15477 Gleneagle Drive Colorado Springs CO 80921 300882536 Senior Living CO 3765224 11313531 Bethesda Foundation BSLC Frisco LLC 15478 Gleneagle Drive Colorado Springs CO 80921 300895578 Assisted Living Facility CO 4669978 14252312 Bethesda Foundation BSLC Springfield Condos LLC 15479 Gleneagle Drive Colorado Springs CO 80921 832109850 Independent Living CO 503304 1942447 Bethesda Foundation Bethesda Gardens Broadmoor LLC 15480 Gleneagle Drive Colorado Springs CO 80921 611961515 Assisted Living Facility CO 2752490 4340880 Bethesda Foundation Bethesda Gardens Grand Junction LLC 15481 Gleneagle Drive Colorado Springs CO 80921 364964645 Assisted Living Facility CO 5055502 3625546 Bethesda Foundation BSLC Phoenix Holdings LLC 15482 Gleneagle Drive Colorado Springs CO 80921 863288097 Property owner CO 420000 5586979 Bethesda Foundation Bethesda Associates 15475 Gleneagle Drive Colorado Springs CO 80921 841087692 Support Org NE 501(c)(3) Type I Bethesda Foundation true BSLC II 15476 Gleneagle Drive Colorado Springs CO 80921 452666295 Assisted Living NE 501(c)(3) Type I Bethesda Foundation true 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 NA false Bethesda Real Estate Company 15475 Gleneagle Drive Colorado Springs CO 80921 841133889 Real Estate Mgmt CO Bethesda Associates C Corporation 55346 588551 1 true false false false false false false false false false false true true true false true true true true false Bethesda Associates K 71373 Actual Amount BSLCII L 506477 Actual Amount Bethesda Associates M 3465311 Actual Amount BSLCII O 15739341 Actual Amount Bethesda Associates P 2625000 Actual Amount BSLCII P 1881500 Actual Amount Bethesda Associates Q 1850141 Actual Amount BSLCII Q 22504661 Actual Amount BSLCII R 5604751 Actual Amount Bethesda Associates R 2791347 Actual Amount Bethesda Foundation 15475 Gleneagle Drive Colorado Springs CO 80921 470497753 X 0 0 0 57406234 57406234 1000000 250000 0 0 0 Bethesda Associates 15475 Gleneagle Drive Colorado Springs CO 80921 841087692 0 0 0 6056346 6056346 452817 113204 0 0 0 BSLC II 15475 Gleneagle Drive Colorado Springs CO 80921 452666295 X 0 0 0 33207100 33207100 1000000 250000 0 0 0