2015-05-14T14:12:10-05:00 2014-06-30 450250958 Eide Bailly LLP 200 East 10th Street Suite 500 Sioux Falls SD 571175125 990 2013-07-01 201569453 Bethany Lutheran Foundation Inc BETH 6053382351 1901 South Holly Avenue Sioux Falls SD 57105 James F Sanden Vice President 6053382351 2015-05-14 1 Laurie Hanson P00851848 6053391999 2015-05-12 2013 2016-02-25 16:41:14Z Norris Einertson 1901 South Holly Avenue Sioux Falls SD 57105 95549 0 X www.foundationforbethany.org X 2004 SD To raise funds to aid in the continuing operations of Bethany Lutheran Home and Bethany Meadows. 3 3 0 48 0 0 95799 68554 0 0 1000 3254 -6985 9664 89814 81472 0 0 0 0 42041 70982 0 0 43951 44888 49749 86929 120731 2885 -39259 405044 467577 470858 546692 -65814 -79115 The Bethany Lutheran Foundation's primary focus is to raise funds to aid in the continuing operations of Bethany Lutheran Home and Bethany Meadows. 0 0 27599 The Bethany Lutheran Foundation raised funds to aid in the continuing operations of Bethany Lutheran Home and Bethany Meadows. One event was held during the year and grants in the amount of $25,623 were provided to Bethany Lutheran Home and Bethany Meadows. 27599 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X Neil Frizzell 6055825252 3012 E Aspen Boulevard Brandon SD 57005 Norris Einertson President 1.00 X X 0 0 0 James Sanden Vice President 1.00 X X 0 0 0 Doug Larsen Secretary/Treasurer 1.00 X X 0 0 0 Julie Mohr Treasurer (Until 12/31/13) 1.00 X 0 0 0 Rhonda Kemmis Secretary (Until 12/31/13) 1.00 X 0 0 0 Trevor Guthmiller Foundation Director 32.00 X 57515 0 863 57515 0 863 0 0 0 0 0 5050 63504 68554 1145 1145 2109 0 2109 2109 2109 23741 5050 14077 9664 9664 81472 0 0 12918 66168 33084 33084 4814 2407 2407 6274 6274 1801 1801 500 500 847 847 10376 2763 7613 1143 1143 25623 25623 Dues, License & Reg Exp 1160 1160 Rental & Maintenance 183 183 1842 1793 49 120731 27599 49181 43951 93981 85917 9686 0 266242 343645 35135 38015 405044 467577 275 470858 546417 470858 546692 X -100949 -117130 35135 38015 -65814 -79115 405044 467577 -39259 25958 0 X X 0 1 X 1 0 X X X X 0 0 0 Bethany Lutheran Home for the Aged Inc 460233029 501(c)(3) 1 1 1 25623 1 25623 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Beneficial interest in a community foundation fund 38015 38015 Due from Bethany Lutheran Home 546417 546417 X Part X, Line 2: Bethany Lutheran Home for the Aged and Bethany Lutheran Foundation, Inc. are organized as South Dakota nonprofit corporations and have been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Each corporation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. Each corporation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. Each corporation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. The corporations are no longer subject to Federal tax examinations by tax authorities for years before 2010. Curt Alberty Memorial Golf Tourney 28791 5050 23741 6868 3744 2000 1465 28791 5050 23741 6868 3744 2000 1465 14077 9664 Form 990, Part VI, Section A, line 8b During the year ended June 30, 2014, there were no separate committees for the Foundation. Form 990, Part VI, Section B, line 11 The Foundation Director along with the Executive Director and CFO of Bethany Lutheran Home will review the return. A copy of the tax return will be e-mailed to all board members. Form 990, Part VI, Section B, line 12c Officers and Directors are required to complete conflict of interest questionnaires which are monitored and tracked. The questionnaires are reviewed by the Board for any possible conflicts with any noted conflicts being brought to management's attention. Conflicts are also reviewed at the Board level. After a conflict is deemed to exist, the individual(s) involved must abstain from the discussion and vote related to the issue. Form 990, Part VI, Section B, line 15a Bethany Lutheran Foundation does not pay compensation. Instead, persons doing work for the Foundation are compensated through Bethany Lutheran Home, and the policies of the Home are used for determining compensation. Bethany Home creates an annual budget that includes salary increases for all staff. This budget is presented to the Board with an explanation of what salary increases were built in to the budget. The Board approves the budget and salary increases for all staff for the next fiscal year. The increase to compensation for all staff must then be at or below the approved increase in the budget. The compensation changes are implemented on the employee's anniversary date after an employee evaluation has been completed and documented. Form 990, Part VI, Section C, line 19 Documents are made available upon request. Form 990, Part XII, Line 2c: The Board of directors for Bethany Lutheran Home assumes responsibility for oversight of the audit and selection of an independent accountant. Bethany Lutheran Home for the Aged 1901 S Holly Ave Sioux Falls SD 57105 460233029 Long-term care and assisted living SD 501(c)(3) Line 9 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1