Bethany Methodist Corporation

EIN: 363478324 501(c)(3)

Chicago, IL

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
1985
Legal Domicile
IL
Principal Officer
Vera Lampe
Phone
8479981118
Tax Period
2023-10-01 to 2024-01-31

Mission

BMC is called to care for the physical, social and spiritual needs of seniors and vulnerable adults of all ages in the metropolitan Chicago area, with several emphases, including those of the entities of which it is the sole member, BH&MH and BNSG.

Program Service Accomplishments

Program 1

Through the Bethany North Suburban Group, of which it is sole member, BMC is faithful to its non-profit, faith-based foundations and continuing commitment as a provider of exceptional senior living...

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Through the Bethany North Suburban Group, of which it is sole member, BMC is faithful to its non-profit, faith-based foundations and continuing commitment as a provider of exceptional senior living and health care that promotes holistic well-being for residents and clients. These include independent-living services through Chestnut Square at the Glen and supportive-living services through Partners in Healthcare.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
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

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
4

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
4
$248,745
Total Directors
7
$248,745
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sunny Lopez President/CEO 1.00
Officer Director
$0 $78,415 $248,745
Stephen Dahl Chairman 1.00
Officer Director
$0 $0 $0
Keith Reed Vice-Chairman 1.00
Officer Director
$0 $0 $0
Bruce Balfe Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Gessel Berry Jr Director (Until 11/13/23) 1.00
Director
$0 $0 $0
Jennifer Christy Director 1.00
Director
$0 $0 $0
Robert Hoellen Director (Until 11/13/23) 1.00
Director
$0 $0 $0
Vera Lampe Administrator 0.00
Highest
$0 $2,500 $154,546
Renee Bellew Dir. of Sales and Marketing 0.00
Highest
$0 $13,671 $282,648
Jacqueline Nieves Director of HR 0.00
Highest
$0 $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
2023 No data No data No data No data
2022 No data No data No data No data
2021 No data No data No data No data
2020 No data No data No data No data
2019 No data No data No data No data
2018 No data No data No data No data
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