2026-01-13T16:16:35-06:00 2025-06-30 450250958 Eide Bailly LLP 345 N Reid Pl Ste 400 Sioux Falls SD 571037034 990 2024-07-01 201569453 Bethany Lutheran Foundation Inc BETH 6053382351 1901 S Holly Ave Sioux Falls SD 57105 Deborah Herrboldt CEO/Administrator 6053382351 2025-12-19 1 1 Laurie Hanson CPA P00851848 6053391999 2025-12-19 2024 2025-03-06 01:10:19Z Denis Andersen 1901 S Holly Ave Sioux Falls SD 57105 103090 0 X https://mybethanyhome.org/foundation X 2004 SD To raise funds to aid in the continuing operations of Bethany Lutheran Home for the Aged Inc. 8 8 0 13 0 0 101292 65969 0 0 -10719 25121 6532 3672 97105 94762 43000 184716 0 0 0 0 0 0 5341 25193 10346 68193 195062 28912 -100300 684354 608155 8930 9983 675424 598172 The Bethany Lutheran Foundation's primary focus is to raise funds to aid in the continuing operations of Bethany Lutheran Home for the Aged Inc. 0 0 184716 184716 The Bethany Lutheran Foundation raised funds to aid in the continuing operations of Bethany Lutheran Home for the Aged Inc. One event was held during the year and grants in the amount of $184,716 were provided to Bethany Lutheran Home for the Aged Inc. 184716 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 1 0 1 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 1 1 0 0 0 0 0 0 X 8 8 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 X Heather Kroger 6053382351 1901 S Holly Avenue Sioux Falls SD 57105 Deborah Herrboldt CEO/Administrator 1.00 45.00 X 0 208136 11991 James Erickson Foundation Director 44.00 1.00 X 0 86520 0 Heather Kroger CFO/BLH 1.00 45.00 X 0 68472 6546 Denis Andersen President 0.50 0.00 X X 0 0 0 Jim Heinitz Vice President 0.50 0.00 X X 0 0 0 Cathy Larson Secretary 0.50 0.00 X X 0 0 0 David Martin Treasurer (until Oct 2024) 0.50 0.00 X X 0 0 0 Jim Sanden Board Member 0.50 1.00 X 0 0 0 Dr Victoria Walker Board Member 0.50 0.00 X 0 0 0 Sarah Schulte Board Member (until Mar 2025) 0.50 0.00 X 0 0 0 Jeff Gould Board Member 0.50 0.00 X 0 0 0 Sue Martins Board Member 0.50 0.00 X 0 0 0 Mike Kaiser Board Member 0.50 0.00 X 0 0 0 0 363128 18537 0 0 1 0 0 20101 45868 65969 24843 24843 278 0 278 278 278 12000 20101 8328 3672 3672 94762 0 0 28793 184716 184716 3080 3080 1925 1925 1509 1509 Licenses & Dues 315 315 3517 3517 195062 184716 5005 5341 233038 110887 408507 449452 42809 47816 684354 608155 8930 9983 8930 9983 X 517457 547356 157967 50816 675424 598172 684354 608155 X -100300 18041 5007 X 0 1 X 1 0 X X X 1 Bethany Lutheran Home for the Aged Inc 460233029 10 1 184716 0 1 184716 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Beneficial interest in a community foundation fund 47816 47816 Due to/from Bethany Lutheran Home 9983 9983 X 116206 18041 18041 98165 1925 -5328 -3403 94762 201465 8328 8328 193137 1925 1925 195062 Part X, Line 2: The Foundation 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. The foundation 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. Part XI, Line 4b - Other Adjustments: Fundraising Event Expenses -8,328. Restricted contributions 3,000. Part XII, Line 2d - Other Adjustments: Fundraising Event Expenses 8,328. Expense reported on AFS not included on Form 990 Golf Tournament 32101 20101 12000 7519 809 32101 20101 12000 7519 809 8328 3672 1 Bethany Lutheran Home for the Aged Inc 1901 S Holly Ave Sioux Falls SD 57105 460233029 501 (c)(3) 184716 0 General support of operation of nursing homes 1 0 Part I, Line 2: Grant funds go to a related organization, Bethany Lutheran Home. Common board members and the CEO and CFO work together to ensure grant funds are used appropriately. 0 0 0 0 0 0 0 0 0 Deborah Herrboldt CEO/Administrator 0 180049 0 13860 0 14227 0 3355 0 8650 0 220141 0 0 Part I, Line 3 Bethany Lutheran Foundation Inc relied on the related organization, Bethany Lutheran Home for the Aged, for determining the compensation for the CEO/Bethany Lutheran Home using the methods described in Part I, Line 3. Form 990, Part VI, Section A, line 2 Deborah Herrboldt, Heather Kroger, and James Erickson have a business relationship with each other and with Jim Sanden who is on the board of directors of Bethany Lutheran Home. The board of directors of Bethany Lutheran Home sets the compensation for all staff. Form 990, Part VI, Section A, line 6 The Foundation has one Member, Bethany Lutheran Home for the Aged, Inc., a South Dakota nonprofit corporation. Form 990, Part VI, Section A, line 7a The Member shall appoint the Board of Directors of the Foundation. Form 990, Part VI, Section A, line 7b All rights of the Member of the corporation, whether voting rights or otherwise, shall be exercised, and all actions permitted or required by the Member shall be taken, only upon due authorization thereof by its Board of Directors, and no person, whether a Director, officer or otherwise, may act individually on behalf of the Member unless first authorized to do so by resolution of its Board of Directors. Form 990, Part VI, Section A, line 8b During the current year, there were no separate committees for the Foundation. Form 990, Part VI, Section B, line 11b The Foundation Director along with the CEO and CFO of Bethany Lutheran Home will review the return. After their review, the 990 will be provided to each Board Member. 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 15 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 XI, line 9: Change in the value of beneficial interest in community foundation 5,007. 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 10 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0