2025-07-09T13:49:42-05:00 2024-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2024-01-01 351377225 BETHESDA CORPORATION BETH 8122325083 711 OHIO STREET TERRE HAUTE IN 47807 GERRY VARNER PRESIDENT 8122325083 2025-07-07 1 0 BRITTANY PHILLIPS P01083761 3178485700 2024 2025-03-06 01:10:19Z GERRY VARNER 711 OHIO STREET TERRE HAUTE IN 47807 1173292 0 X N/A X 1977 IN BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. 3 3 0 0 0 0 673441 710851 439883 459560 76 -53380 2541 2134 1115941 1119165 0 0 0 0 0 0 0 0 0 1000970 943683 1000970 943683 114971 175482 2946610 2916443 3009796 2804147 -63186 112296 X BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. 0 0 796418 405433 BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. 796418 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 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 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 IN X YVONNE AVARY 8122325083 711 OHIO ST TERRE HAUTE IN 47807 X X GERRY VARNER PRESIDENT 0.50 0.50 X X 0 0 0 DRU ADAMS VICE PRESIDENT 0.50 0.50 X X 0 0 0 JIM WINNING SECRETARY 0.50 0.50 X 0 0 0 CLARK COWDEN FORMER SECRETARY 0.50 0.50 X X 0 0 0 0 0 0 0 0 0 0 STRODE CONSTRUCTION LLC 1425 E PUGH DRIVE TERRE HAUTE IN 47802 BALCONY REPAIRS 115600 1 710851 710851 RENTAL INCOME 531110 459560 459560 459560 747 747 54127 -54127 -54127 -54127 LAUNDRY & VENDING 531110 1800 1800 TENANT CHARGES 531110 334 334 2134 1119165 405433 0 2881 80399 80399 6641 6641 26439 26439 1986 1986 30343 30343 573413 573413 1163 1163 419 419 88673 88673 MGMT CO EMPLOYEE CHARGE 132927 132927 BAD DEBT EXPENSE 1038 1038 MISC. FINANCIAL EXPENSE 242 242 943683 796418 147265 0 105787 88030 3149 1668 39651 5458701 4301976 1104934 1156725 32321 1291368 1337236 76267 73154 365105 187658 2946610 2916443 265414 115281 2102 2243 2297512 2238273 444768 448350 3009796 2804147 X -63186 112296 -63186 112296 2946610 2916443 175482 0 X X 0 1 X 1 1 1 X 559958 604293 590079 673441 710851 3138622 381466 386919 409794 439883 459560 2077622 941424 991212 999873 1113324 1170411 5216244 0 0 0 5216244 277 244 297 613 747 2178 277 244 297 613 747 2178 1916 5009 1939 2541 2134 13539 943617 996465 1002109 1116478 1173292 5231961 0.99700 0.99680 0.00040 0.00030 X SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 82000 82000 4599278 3699648 899630 138238 93130 45108 639185 509198 129987 1156725 RESERVE REPLACEMENT FUND 1337236 C 1337236 SECURITY DEPOSITS 36695 CONSTRUCTION IN PROGRESS 150963 187658 ACCRUED MGMT FEE PAYABLE 8159 SECURITY DEPOSITS 36695 ACCRUED WAGES PAYABLE 3808 RES. REC. AVAIL. FOR RECAPTURE 399688 448350 X 1119325 160 160 1119165 0 1119165 944690 1007 1007 943683 0 943683 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX, AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX LOSS ON DISPOSAL DIFFERENCE 160. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE IN DEPRECIATION EXPENSE 1,007. FORM 990, PART VI, SECTION A, LINE 3 BETHESDA CORPORATION IS MANAGED BY PFISTER & COMPANY, INC., A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. PFISTER & COMPANY, INC. HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED PFISTER & COMPANY, INC. TO MANAGE THE BETHESDA CORPORATION APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. FORM 990, PART VI, SECTION B, LINE 11B THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR THEIR COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B ALL OF THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A PERFORM SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO THEIR HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS AND TYPE OF WORK PERFORMED. PART XII, LINE 2C THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. IN THE CASE OF BETHESDA, ALL OF THE BOARD MEMBERS ARE OFFICERS OF THE CORPORATION. PFISTER & COMPANY IS RELIED UPON TO REVIEW THE AUDIT REPORTS WITH THE APPROPRIATE OFFICERS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM. FORM 990, PART VI, SECTION A, QUESTION 3 PFISTER & COMPANY, INC. IS THE MANAGEMENT COMPANY AND EMPLOYS THE INDIVIDUALS WHO WORK AT THE PROJECT. BETHESDA CORPORATION REIMBURSES PFISTER & COMPANY, INC. FOR THE EMPLOYEE'S SALARIES AND OTHER COSTS ASSOCIATED WITH THEIR EMPLOYMENT. WASBASH SENIOR CITIZENS HOUSING INC 711 OHIO STREET TERRE HAUTE IN 47807 351146851 LOW INCOME HOUSING IN 501(C)(4) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0