Nonprofit · EIN 35-1377225
BETHESDA CORP
Tax-exempt · TERRE HAUTE, IN 47807
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,119,165 | $943,683 | $175,482 | $2,916,443 | $2,804,147 | $112,296 |
| December 31, 2023 | 990 | $1,115,941 | $1,000,970 | $114,971 | $2,946,610 | $3,009,796 | -$63,186 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $710,851
- of which government grants
- $710,851
- Program service revenue
- $459,560
- Investment income
- -$53,380
- Net gain from sales of assets
- -$54,127
- Other revenue
- $2,134
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $6,641
- Accounting fees
- $26,439
- Occupancy
- $573,413
- Travel
- $1,163
- Depreciation
- $88,673
- Program services (functional)
- $796,418
- Management and general (functional)
- $147,265
Balance sheet and other
- Total assets, start of year
- $2,946,610
- Total assets, end of year
- $2,916,443
- Total liabilities, end of year
- $2,804,147
- Net assets, end of year
- $112,296
- Land, buildings and equipment
- $1,156,725
- Net assets without donor restrictions
- $112,296
- Gross receipts
- $1,173,292
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1977
- State of legal domicile
- IN
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GERRY VARNER | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| DRU ADAMS | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| JIM WINNING | SECRETARY Trustee or director | 0.5 | $0 |
| CLARK COWDEN | FORMER SECRETARY Trustee or director, Officer | 0.5 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GERRY VARNER | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| DRU ADAMS | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| CLARK COWDEN | SECRETARY Trustee or director, Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 711 OHIO ST, TERRE HAUTE, IN 47807-3717
- Principal officer (990 for 2024)
- GERRY VARNER, 711 OHIO STREET, TERRE HAUTE, IN 47807
- Signed the 990
- GERRY VARNER, PRESIDENT
- Phone
- (812) 232-5083
- Return prepared by
- DAUBY O'CONNOR & ZALESKI LLC
Mission
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.
Program accomplishments
- 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.Expenses $796,418 · revenue $405,433
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1377225
- 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
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L210)
- Assets (IRS master file)
- $2,916,443
- Income (IRS master file)
- $1,173,292
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,119,165 | $943,683 | $2,916,443 | XML |
| 990 | December 2023 | $1,115,941 | $1,000,970 | $2,946,610 | XML |
| 990 | December 2022 | $1,002,109 | $876,172 | $2,639,003 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 35-1377225).
Questions about BETHESDA CORP
- What is the EIN of BETHESDA CORP?
- The employer identification number (EIN) of BETHESDA CORP is 35-1377225.
- Is BETHESDA CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to BETHESDA CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BETHESDA CORP 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 BETHESDA CORP 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 BETHESDA CORP 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 BETHESDA CORP?
- The 990 for the year ended December 31, 2024 names GERRY VARNER.
- Who are the officers and directors of BETHESDA CORP?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does BETHESDA CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,119,165, expenses of $943,683 and total assets of $2,916,443 at year end.
Other nonprofits in TERRE HAUTE
- LOW INCOME HOUSING DEVELOPMENT CORPORATION OF TERRE HAUTE EIN 27-0975339 · last filed 990 for 2025
- TERRE HAUTE HOUSING AUTHORITY DEVELOPMENT CORP EIN 35-1462287 · last filed 990 for 2025
- MOTHER THEODORE CORPORATION EIN 35-1985001 · last filed 990 for 2024
- MOTHER THEODORE CORPORATION II EIN 30-0283483 · last filed 990 for 2024
- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 35-1729005 · last filed 990 for 2025
- MOTHER THEODORE CORPORATION IV EIN 20-3035695 · last filed 990 for 2024
- MOTHER THEODORE CORPORATION III EIN 20-2515059 · last filed 990 for 2024
- WESTMINSTER VILLAGE RESIDENTS TRUST FUND EIN 35-6578525 · last filed 990 for 2025
All nonprofits in TERRE HAUTE · Indiana · Housing and shelter