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Bethesda Foundation

Bethesda Senior Living Communities

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 470497753 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

Overview

What is Bethesda Foundation?

Bethesda Foundation is a nonprofit organization dedicated to developing and operating tax-exempt assisted living communities, independent living communities, and memory care facilities for seniors across Arizona, Colorado, Missouri, Nebraska, and Texas. With a mission to enrich the physical, emotional, and spiritual health of seniors, they cared for an average of 891 residents during the fiscal year ended September 30, 2022. Based on the provided information, they employ a total workforce of 1597 individuals. Their vision is to expand their outreach and services to more communities through various means.


Official website here: www.bethesdaseniorliving.com

Is Bethesda Foundation legitimate?

Bethesda Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethesda Foundation 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: $578,092
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,307,623

For more financial information, click here


Official website here: www.bethesdaseniorliving.com

What is the mission statement of Bethesda Foundation?

The Bethesda Foundation is dedicated to improving the lives of seniors by focusing on their physical, emotional, and spiritual well-being. They strive to create nurturing environments where seniors can thrive and live fulfilling lives. The organization's vision extends beyond its current reach, aiming to serve more communities in the future through expansion, acquisition, and management contracts. The Bethesda Foundation manages assisted living communities, independent living communities, and memory care facilities, providing care for an average of 891 residents annually.


Official website here: www.bethesdaseniorliving.com

Who is the CEO of Bethesda Foundation?

Dana Rasic is the President, Chair & Director of Bethesda Foundation.


Official website here: www.bethesdaseniorliving.com

What is the revenue of Bethesda Foundation?

Bethesda Foundation's revenue in 2022 was $48,564,730.


Official website here: www.bethesdaseniorliving.com

Who are the executives of Bethesda Foundation and what are their salaries?

The average compensation at Bethesda Foundation during 2022 was $12,452. There are 1,597 employees and 49 volunteers at Bethesda Foundation.

Here are 16 key members and their salaries:

    Dana Rasic (President, Chair & Director)
  • Compensation: $0
  • Related: $334,716
  • Other: $34,331

    • Nathan Merrill (Cfo, Treasurer & Director)
  • Compensation: $0
  • Related: $249,122
  • Other: $34,070

    • Rick Summers (Vice President & Director)
  • Compensation: $235,196
  • Related: $0
  • Other: $20,773

    • Joshua Thomas (Vp Of Strategy & Development)
  • Compensation: $165,168
  • Related: $0
  • Other: $15,865

    • Andrew Mccormick (Regional Director Of Operations)
  • Compensation: $136,819
  • Related: $0
  • Other: $26,558

    • Kris Gillen (Vp Of Sales & Marketing)
  • Compensation: $156,710
  • Related: $0
  • Other: $5,112

    • William Schwingen (Regional Director Of Operations)
  • Compensation: $136,596
  • Related: $0
  • Other: $24,067

    • Michelle Ingerson (Vp Health Services)
  • Compensation: $130,246
  • Related: $0
  • Other: $13,259

    • Jenny Kennedy (Secretary & Director)
  • Compensation: $0
  • Related: $120,014
  • Other: $13,629

    • Bryan Beamer (Vp Construction)
  • Compensation: $127,073
  • Related: $0
  • Other: $4,322

    • Austin Harbach (Assistant Secretary)
  • Compensation: $0
  • Related: $79,393
  • Other: $12,188

    • Daniel Vagle (Vice Chair & Director)
  • Compensation: $28,500
  • Related: $28,500
  • Other: $3,609

    • Dale Turner (Director)
  • Compensation: $0
  • Related: $57,000
  • Other: $3,483

    • Don Morgan (Director)
  • Compensation: $28,500
  • Related: $28,500
  • Other: $3,385

    • Larry Smith (Director)
  • Compensation: $30,875
  • Related: $0
  • Other: $827

    • Tom Workman (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bethesdaseniorliving.com

    Where can I find the form 990 for Bethesda Foundation?

    The Bethesda Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bethesdaseniorliving.com

    Learn more at the official website: www.bethesdaseniorliving.com

    Mission Statement of Bethesda Foundation

    Bethesda Foundation, a renowned nonprofit organization, is dedicated to improving the lives of seniors by enhancing their physical, emotional, and spiritual well-being. With a nurturing approach, the Foundation aims to create communities where seniors can thrive.

    Bethesda Foundation's mission is to serve seniors by enriching their lives in all aspects. This encompasses their physical health with the provision of assisted living, independent living, and memory care facilities. Emotionally, the organization offers support and care tailored to meet each senior's unique needs. Spiritually, Bethesda Foundation provides opportunities for seniors to engage in meaningful activities and connect with their faith.

    The Foundation envisions expanding its reach to help seniors in various communities. This growth is planned through expansion, acquisition, management contracts, and programming. Bethesda Foundation has made a significant impact, caring for an average of 891 residents during the last fiscal year. By focusing on the holistic development of seniors, the Foundation is able to make a positive difference in their lives.

    Impact

    This information is meant to be a general summary of Bethesda Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Bethesda Foundation's impact is significant in serving seniors by enriching their physical, emotional, and spiritual health. They achieve this through the 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. During the fiscal year ended 9/30/2022, Bethesda Foundation cared for an average of 891 residents, providing them with a nurturing lifestyle in their communities in Colorado Springs, Colorado. Their mission is to expand outreach and service to as many communities as possible through expansion, acquisition, management contracts, and programming, guided by their vision and commitment to fulfilling this calling. Their focused tag of "Human services" underscores their dedication to supporting and improving the well-being of seniors in the regions they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $726,090
  • Program Service Revenue: $43,617,790
  • Gross Receipts: $50,625,328

    • Assets and Liabilities:
  • Total Assets: $103,543,302
  • Total Liabilities: $98,695,352
  • Net Assets: $4,847,950
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Assisted Living

    Revenue

    $40,583,035

    Subsidiary Mgmt

    Revenue

    $2,299,161

    Community Fees

    Revenue

    $735,594

    Organization Details

    Founding Year

    1959

    Principal Officer

    Dana Rasic

    Main Address

    15475 Gleneagle Drive, Colorado Springs, CO, 80921

    NTEE Category

    Code: P75 - Human services

    If you are a representative of Bethesda Foundation 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.