Bethany Methodist Corporation (EIN 043604839) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

Vera Lampe

Phone

8479981118

Tax Period

2023-10-01 to 2024-09-30

Bethany North Suburban Group, founded in 2000, is a community nonprofit in the Housing & Shelter sector that reported $5.4M in total revenue in fiscal year 2018. Expenses of $5.2M left a modest 3% surplus.

Mission

Bethany Methodist Corporation provides exceptional senior community living and health care that promotes holistic well-being for residents and clients through: Chestnut Square at The Glen and Partners in Health Care. Bethany Methodist Corporation is a faith-based organization affiliated with the United Methodist Church. The organization is guided by the values of compassion, advocacy, trust, teamwork and transparency.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $280,947

Program Service Revenue $8,106,922

Investment Income $160,168

Other Revenue $596,562

TOTAL REVENUE $9,144,599

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,304,967

Fundraising Expenses $0

Program Expenses $6,575,527

Other Expenses $4,220,590

TOTAL EXPENSES $8,525,557

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,144,599	$7,190,496	+0.3%
Expenses	$8,525,557	$8,645,516	0.0%
Net Income	$619,042	$-1,455,020	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

144

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$403,290

Total Directors

$403,290

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sunny Lopez	President/CEO (until 2/1/24)	38.00	Officer Director	$170,330	$78,414	$248,744
Vera Lampe	President/CEO	39.00	Officer Director	$152,046	$2,500	$154,546
Jennifer Christy	Chair	1.00	Officer Director	$0	$0	$0
Bruce Balfe	Secretary/Treasurer	1.00	Officer Director	$0	$0	$0
Scort Christy	Director	1.00	Director	$0	$0	$0
Maureen Farrell	Director	1.00	Director	$0	$0	$0
Janice Maloney	Director	1.00	Director	$0	$0	$0
Jerry Marx	Director	1.00	Director	$0	$0	$0
Keith Reed	Director	1.00	Director	$0	$0	$0
Jane Wuellner	Director	1.00	Director	$0	$0	$0
Renee Bellew	Dir. of Sales and Marketing	40.00	Highest	$268,977	$13,671	$282,648
Jackie Nieves	Director of Human Resources	40.00	Highest	$100,782	$12,612	$113,394

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2024	$9,144,599	$8,525,557	$25,583,153	$619,042
2023	$7,190,496	$8,645,516	$25,322,836	$-1,455,020
2022	$6,694,402	$7,966,783	$25,081,335	$-1,272,381
2021	$7,708,577	$7,770,791	$25,298,657	$-62,214
2020	$7,990,653	$7,697,228	$26,246,492	$293,425
2019	$5,359,279	$5,178,565	$32,175,228	$180,714

Bethany Methodist Corporation