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Nonprofit · EIN 26-1087740

BETHANY ON 42ND

Tax-exempt · FARGO, ND 58103

Financials

$21M$20.6M2023$23.2M$21M2024
Revenue Expenses · by fiscal year end
Financials of BETHANY ON 42ND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$23,160,345$21,020,748$2,139,597$40,620,046$24,970,023$15,650,023
December 31, 2023990$21,039,520$20,616,851$422,669$44,353,121$30,817,183$13,535,938
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$11,025
Program service revenue
$22,709,453
Investment income
$269,246
Net rental income
$170,621
Net gain from sales of assets
-$1,419
Other revenue
$170,621

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$10,828,827
Salaries, compensation and benefits (total)
$12,865,414
Professional fundraising fees
$0
Legal fees
$4,714
Accounting fees
$13,800
Occupancy
$981,963
Travel
$86,234
Depreciation
$2,187,578
Program services (functional)
$19,163,391
Management and general (functional)
$1,857,357

Balance sheet and other

Total assets, start of year
$44,353,121
Total assets, end of year
$40,620,046
Total liabilities, end of year
$24,970,023
Net assets, end of year
$15,650,023
Land, buildings and equipment
$28,589,298
Publicly traded securities
$1,559,172
Net assets without donor restrictions
$15,650,023
Gross receipts
$23,161,764
Employees
0
Volunteers
131
Year formed
2007
State of legal domicile
ND

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Shawn StuhaugPresident/CEO
Officer
18$0$373,201$26,199
Dawn HummelSenior Exec Resident Care
Key employee
22$0$164,858$6,594
Kaye AngusCFO
Officer
18$0$141,150$16,649
John HertsgaardTrustee (as of April)
Trustee or director
1$0$0$0
Jack RydellChair (Jan-Mar)
Trustee or director, Officer
1$0$0$0
Paulette Amundson Chair(Apr-Dec) Vice Chair (Jan-Mar)
Trustee or director, Officer
1$0$0$0
Lianne RockstadTrustee (as of April)
Trustee or director
1$0$0$0
Bruce DavidsonSecretary (Jan-Mar)
Trustee or director, Officer
1$0$0$0
Neal EriksmoenTrustee (Jan-Mar)
Trustee or director
1$0$0$0
Martha LeclercTrustee (Jan-Mar)
Trustee or director
1$0$0$0
Dan Beauchamp Vice Chair(Apr-Dec) Trustee (Jan-Mar)
Trustee or director, Officer
1$0$0$0
Ben CarlsrudSecretary(Apr-Dec) Trustee(Jan-Mar)
Trustee or director, Officer
1$0$0$0
Roger OlsonTreasurer
Trustee or director, Officer
1$0$0$0
Beth RennerTrustee
Trustee or director
1$0$0$0
Cheryl AndersonTrustee
Trustee or director
1$0$0$0
3 more people on this return
NameTitleHours / weekCompensation
Jerilynn Bratner-AdamsTrustee
Trustee or director
1$0
Laura Ness OwensTrustee (as of April)
Trustee or director
1$0
Rick SteenTrustee (as of April)
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Shawn StuhaugPresident/CEO
Officer
18$0$353,241$23,438
Dawn HummelSenior Exec Resident Care
Key employee
22$0$158,594$6,344
Kaye AngusCFO
Officer
18$0$112,583$15,637
Charlotte RuschChair (Jan-Mar)
Trustee or director, Officer
1$0$0$0
Jack RydellChair (Apr-Dec) Vice Chair (Jan-Mar)
Trustee or director, Officer
1$0$0$0
Paulette Amundson Vice-Chair(Apr-Dec) Treasurer (Jan-Mar)
Trustee or director, Officer
1$0$0$0
Lianne RockstadSecretary (Jan-Mar)
Trustee or director, Officer
1$0$0$0
Bruce DavidsonSecretary (Apr-Dec) Trustee (Jan-Mar)
Trustee or director, Officer
1$0$0$0
Neal EriksmoenTrustee
Trustee or director
1$0$0$0
Martha LeclercTrustee
Trustee or director
1$0$0$0
Dan BeauchampTrustee
Trustee or director
1$0$0$0
Ben CarlsrudTrustee
Trustee or director
1$0$0$0
Roger OlsonTreasurer (Apr-Dec) Trustee (Jan-Mar)
Trustee or director, Officer
1$0$0$0
Beth RennerTrustee (as of April)
Trustee or director
1$0$0$0
Cheryl AndersonTrustee (as of April)
Trustee or director
1$0$0$0
Jerilynn Bratner-AdamsTrustee (as of April)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
201 UNIVERSITY DR S, FARGO, ND 58103-1775
In care of
% JANE KELLY
Principal officer (990 for 2024)
Shawn Stuhaug, 201 S University Dr, Fargo, ND 58103
Signed the 990
Shawn Stuhaug, President/CEO
Phone
(701) 239-3000
Return prepared by
Eide Bailly LLP

Mission

To provide living opportunities in a senior community shaped by Christian values.

990 for the year ended December 31, 2024

Program accomplishments

  • Bethany on 42nd operates as a charitable organization consistent with the requirements of Internal Revenue Code Section 501(c)(3). Bethany on 42nd provides long term care services including skilled nursing care, transitional care, assisted living, and senior housing. Bethany on 42nd does not discriminate against individuals in the admissions process or in the delivery of care with regard to ability to pay for services. The organization's cash reserves are generally applied to expansion and replacement of existing facilities and equipment, amortization of mortgages, improvements in resident care, training and education, and community benefit activities.Continued on Schedule O...The governing board of Bethany on 42nd is made up of leaders in the Fargo-Moorhead business community. Consistent with its charitable mission, Bethany on 42nd provides community benefit to the area served. In 2024, community benefit activities included:*Volunteerism - coordinates a volunteers program that included 131 volunteers giving over 7,000 hours of service, providing mental stimulation and emotional support to Bethany on 42nd's 214 elderly residents. Volunteers included members of sponsoring churches, Experience Works program volunteers, business groups, and many student volunteers from the community's schools elementary, middle, high schools, and colleges.*Endowed scholarship programs and student loan repayment bonus opportunities - Bethany on 42nd recognizes that to continuously improve the organization's value to our community and our residents, to encourage life-long learning among employees, and to achieve an "employer of choice" status, it is in our best interest to provide opportunities to assist eligible employees in pursuing formal, healthcare-related education.*School partnerships - Bethany on 42nd works with area nursing and other healthcare-related programs to provide on-site training opportunities for students. In 2024, we had 87 nursing students complete clinical experiences at our facility. We provide a CNA training program for individuals in the Fargo-Moorhead community interested in pursuing a career as a nursing assistant. We also provide clinical site experience for an outside CNA training program, CPR training, and CNA testing and "test-out" classes. Other school partnerships include learning opportunities for dietetic students, and internship opportunities for students in social work, dietetics, activities, and LTC administration programs. *Assessment and referral services - our staff help to refer individuals needing long term care services to the appropriate agency in the community. Bethany on 42nd's licensed social workers provide guidance with medical assistance applications for residents/families.*Community Support - generalo Bethany on 42nd provides meeting room space and accommodations for non-profit organizations and community groups. o Facility space is open to use by outside groups for meetings, performances, activities, music recitals, and other programs.o Bethany on 42nd organizes employee participation in fundraising activities for Cass-Clay United Way and the Alzheimer's Association.*Community Support - leadership. Representatives from Bethany on 42nd serve on non-profit boards and civic organizations that work to improve the quality of life in the Fargo-Moorhead area:o President/CEO - serves on the BEK Care (dba Ethos Home Care and Hospice) board of directors, and various committees of the North Dakota Long Term Care Association (NDLTCA). Serves on the Workforce Committee for the American Health Care Association (AHCA) and the Board of Directors for ShareHouse Inc., Fargo.o Senior Executive of Resident Care - serves on the FM Clinical & Academic Collaborative, Great Plains & Lake Superior Quality Innovation Network, Resident Issues Committee of the NDLTCA, Ethos Board of Directors member, AHCA National Quality Team member, and as a NCLEX test reviewer/item reviewer for the National Board of Nursing. She also serves as an interviewer for the NDSU BSN nursing program/application process, serves on advisory panels for Rasmussen, NDSCS, Mayville, MState and NDSU nursing programs, and is a member of the AHCA workforce committee.o Senior Executive of Human Resources - serves as the Chair of the MState HR Program Advisory Committee, the Ethos Advisory Committee, the Find the Good Life recruiter network (a collaborative group working to recruit future workers to North Dakota), member of local HR group (FMHRA), member of national HR organization (SHRM), and a member of a local HR peer group that meets quarterly to discuss issues such as workforce recruitment and retention strategies.o Senior Executive of Housing/Assisted Living - serves as a Board Member of the Fargo West Rotary service club, member of the NDLTCA Assisted Living Committee, serves as a member of the NDLTCA Basic Care Committee, Assisted Living Director At Large Board Member for NDLTCA, and serves on the American Health Care Association/National Center for Assisted Living (AHCA/NCAL) Not-For-Profit Committee.o Senior Executive of Development & Community Relations - serves on the Public Affairs Committee of the Fargo- Moorhead-West Fargo Chamber of Commerce and with the Coalition of Service Providers for the Elderly.*Bethany on 42nd's care provided:o Bethany on 42nd Skilled - 116 skilled beds, with 42,308 days of care. Total Skilled employee hours - 358,945. Total expenses including management and general: $18,183,591.o Bethany Gables, senior housing with services - 40 apartments, 14,019 days of care, and 14,800 employee hours. Total expenses including management and general: $1,277,921.o Bethany Grace Pointe - 58 senior housing apartments. Days of service totaled 21,038, employee hours totaled 1,633, and total expenses including management and general were $1,400,494.
    Expenses $19,163,391 · revenue $22,709,453

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-1087740
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$40,620,046
Income (IRS master file)
$23,161,764

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$23,160,345$21,020,748$40,620,046XML
990December 2023$21,039,520$20,616,851$44,353,121XML
990December 2022$22,954,614$19,973,493$45,131,106IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1087740).

Questions about BETHANY ON 42ND

What is the EIN of BETHANY ON 42ND?
The employer identification number (EIN) of BETHANY ON 42ND is 26-1087740.
Is BETHANY ON 42ND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to BETHANY ON 42ND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BETHANY ON 42ND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BETHANY ON 42ND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BETHANY ON 42ND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BETHANY ON 42ND?
The 990 for the year ended December 31, 2024 names Shawn Stuhaug.
Who are the officers and directors of BETHANY ON 42ND?
The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
How much revenue does BETHANY ON 42ND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $23,160,345, expenses of $21,020,748 and total assets of $40,620,046 at year end.

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