Nonprofit · EIN 45-0394181
BETHANY HOMES INC
Tax-exempt · FARGO, ND 58103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,064,296 | $133,939 | $930,357 | $19,379,437 | $10,459,810 | $8,919,627 |
| December 31, 2023 | 990 | $230,624 | $142,082 | $88,542 | $7,783,951 | $98,555 | $7,685,396 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $189,919
- Program service revenue
- $0
- Investment income
- $870,663
- Net gain from sales of assets
- $261,795
- Net income from fundraising events
- -$421
- Net income from sales of inventory
- $4,135
- Other revenue
- $3,714
Expenses
- Grants and similar amounts paid
- $8,692
- Other salaries and wages
- $79,581
- Salaries, compensation and benefits (total)
- $95,602
- Professional fundraising fees
- $0
- Accounting fees
- $4,750
- Program services (functional)
- $8,692
- Management and general (functional)
- $11,520
- Fundraising (functional)
- $113,727
Balance sheet and other
- Total assets, start of year
- $7,783,951
- Total assets, end of year
- $19,379,437
- Total liabilities, end of year
- $10,459,810
- Net assets, end of year
- $8,919,627
- Publicly traded securities
- $8,083,763
- Net assets without donor restrictions
- $8,297,339
- Net assets with donor restrictions
- $622,288
- Gross receipts
- $6,427,475
- Employees
- 0
- Volunteers
- 15
- Year formed
- 1985
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Shawn Stuhaug | President/CEO Officer | 2 | $0 | $373,201 | $26,199 |
| Kaye Angus | CFO Officer | 2 | $0 | $141,150 | $16,649 |
| Jack Rydell | Chair (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 |
| Dan Beauchamp Vice Chair | (Apr-Dec) Trustee (Jan-Mar) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Roger Olson | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Bruce Davidson | Secretary (Jan-Mar) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Ben Carlsrud | Secretary(Apr-Dec) Trustee(Jan-Mar) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| John Hertsgaard | Trustee (as of April) Trustee or director | 1 | $0 | $0 | $0 |
| Lianne Rockstad | Trustee (as of April) Trustee or director | 1 | $0 | $0 | $0 |
| Neal Eriksmoen | Trustee (Jan-Mar) Trustee or director | 1 | $0 | $0 | $0 |
| Martha Leclerc | Trustee (Jan-Mar) Trustee or director | 1 | $0 | $0 | $0 |
| Beth Renner | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Cheryl Anderson | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Jerilynn Bratner-Adams | Trustee Trustee or director | 1 | $0 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Laura Ness Owens | Trustee (as of April) Trustee or director | 1 | $0 |
| Rick Steen | Trustee (as of April) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Shawn Stuhaug | President/CEO Officer | 2 | $0 | $353,241 | $23,438 |
| Kaye Angus | CFO Officer | 2 | $0 | $112,583 | $15,637 |
| Charlotte Rusch | Chair (Jan-Mar) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jack Rydell | Chair (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 Rockstad | Secretary (Jan-Mar) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Bruce Davidson | Secretary (Apr-Dec) Trustee (Jan-Mar) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Neal Eriksmoen | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Martha Leclerc | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Dan Beauchamp | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Ben Carlsrud | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Roger Olson | Treasurer (Apr-Dec) Trustee (Jan-Mar) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Beth Renner | Trustee (as of April) Trustee or director | 1 | $0 | $0 | $0 |
| Cheryl Anderson | Trustee (as of April) Trustee or director | 1 | $0 | $0 | $0 |
| Jerilynn Bratner-Adams | Trustee (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
- Principal officer (990 for 2024)
- Shawn Stuhaug, 201 South University Drive, Fargo, ND 58103
- Signed the 990
- Shawn Stuhaug, President/CEO
- Phone
- (701) 239-3000
- Website
- www.bethanynd.org
- Return prepared by
- Eide Bailly LLP
Mission
To provide living opportunities in a senior community shaped by Christian values.
Program accomplishments
- Bethany Homes, Inc., dba Bethany Retirement Living, is the parent corporation of the following nonprofit organizations: American Lutheran Homes, Inc. (skilled nursing, transitional care, basic care and assisted living 294 residents) Bethany on 42nd (skilled nursing, assisted living, and senior housing 214 residents) Bethany Home Health Care (personal health care services 64 clients per month)During 2024, Bethany solicited donations to support these subsidiary Continued on Schedule O...programs. Bethany Homes, Inc. also provided funds to support chaplaincy services in the assisted living facilities.Donations were received to establish endowment funds to support nursing education for Bethany employees. The Lorraine Krenelka, Catherine Larson, and Kim Marchell Scholarship Programs, Health Education Loan Program (HELP), and Bethany student loan repayment bonus program provide funding for seminars, workshops, and higher education degree programs for eligible Bethany employees.The Bethany Homes North Dakota Tax Credit Endowment Fund was established in 2014, a qualified endowment under Section 57-38-01.21 of the North Dakota Century Code. The Tax Credit Endowment Fund is restricted to providing financial support in furtherance of the specifically expressed charitable purpose and mission of Bethany Homes.Bethany partners with two other nonprofit organizations, Eventide (Moorhead, MN) and Vivie (Alexandria, MN) to operate BEK Care (dba Ethos Home Care and Hospice), a 501(c)(3) organization which provides home health and hospice services to the Fargo-Moorhead and surrounding communities.Expenses $8,692 · grants $8,692
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
- 45-0394181
- 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
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $19,379,437
- Income (IRS master file)
- $6,427,475
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,064,296 | $133,939 | $19,379,437 | XML |
| 990 | December 2023 | $230,624 | $142,082 | $7,783,951 | XML |
| 990 | December 2022 | $345,387 | $142,079 | $6,934,980 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 45-0394181).
Questions about BETHANY HOMES INC
- What is the EIN of BETHANY HOMES INC?
- The employer identification number (EIN) of BETHANY HOMES INC is 45-0394181.
- Is BETHANY HOMES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to BETHANY HOMES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BETHANY HOMES INC 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 HOMES INC 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 HOMES INC 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 HOMES INC?
- The 990 for the year ended December 31, 2024 names Shawn Stuhaug.
- Who are the officers and directors of BETHANY HOMES INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
- How much revenue does BETHANY HOMES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,064,296, expenses of $133,939 and total assets of $19,379,437 at year end.
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- LAKE AGASSIZ HOUSING CORPORATION EIN 45-0458458 · last filed 990 for 2025
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- PHOENIX HOUSING INC EIN 36-3699669 · last filed 990-N for 2025
All nonprofits in FARGO · North Dakota · Housing and shelter