Overview
What is Bethesda Corporation?
Bethesda Corporation is a not-for-profit organization established in accordance with Indiana's not-for-profit laws. The primary purpose of this organization is to manage a 101-unit apartment project, named Juliet A. Peddle Park, specifically designed for the elderly, handicapped, and low-income individuals in Terre Haute, Indiana. This project is funded through a mortgage insured by the Department of Housing and Urban Development (HUD), under Section 202 of the National Housing Act. As a result, the project is subject to HUD's regulations regarding rental charges and operating methods. The mission of Bethesda Corporation is to provide suitable housing and support for this targeted demographic, ensuring they have access to a comfortable living environment.
Is Bethesda Corporation legitimate?
Bethesda Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethesda Corporation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Bethesda Corporation?
Bethesda Corporation, a not-for-profit entity, was formed with the objective of managing an elderly housing project in Indiana. Specifically, the project, named Juliet A. Peddle Park, caters to the elderly, handicapped, and low-income individuals. The project is funded through a mortgage insured by the Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act. Consequently, HUD regulates the rental charges and operational methods of the project. In essence, Bethesda Corporation's mission is to provide suitable housing for this specific demographic, ensuring compliance with HUD regulations.
Who is the CEO of Bethesda Corporation?
Gerry Varner is the President of Bethesda Corporation.
What is the revenue of Bethesda Corporation?
Bethesda Corporation's revenue in 2022 was $1,002,109.
Who are the executives of Bethesda Corporation and what are their salaries?
- Gerry Varner (President) [Trustee/Director]
- Dru Adams (Vice President) [Trustee/Director]
- Clark Cowden (Secretary) [Trustee/Director]
Where can I find the form 990 for Bethesda Corporation?
The Bethesda Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Bethesda Corporation
Bethesda Corporation, a not-for-profit organization established in accordance with Indiana's not-for-profit statutes, was formed with a purpose to manage a 101-unit apartment project. This project, known as Juliet A. Peddle Park, is specifically designed for the elderly, handicapped, and low-income individuals. The project is financed with a mortgage insured by the Department of Housing and Urban Development (HUD), in compliance with Section 202 of the National Housing Act. As a result, HUD regulates the rental charges and operating methods of this project for Bethesda Corporation. The mission of Bethesda Corporation, therefore, revolves around providing safe and affordable housing for those in need, adhering to the guidelines set by HUD.
Impact
This information is meant to be a general summary of Bethesda Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Bethesda Corporation, through its operation of the Juliet A. Peddle Park in Terre Haute, Indiana, provides crucial housing support for the elderly, handicapped, and low-income individuals in the community. By offering affordable housing options and ensuring that the project meets HUD regulations, Bethesda Corporation plays a significant role in addressing the housing needs of vulnerable populations. This impact contributes to improving the quality of life for the residents it serves and helps foster a more inclusive and supportive community environment.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$409,794
Organization Details
Founding Year
1977
Phone
(812) 232-5083
Principal Officer
Gerry Varner
Main Address
711 OHIO STREET, TERRE HAUTE, IN, 47807
NTEE Category
Code: L210 - Housing
If you are a representative of Bethesda Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.