2023-08-01T08:20:19-05:00 2022-09-30 420714325 RSM US LLP 6 S Patterson Blvd Dayton OH 45402 990 2021-10-01 043604839 Bethany North Suburban Group BETH 8479981118 2601 Chestnut Avenue 3310 Glenview IL 60026 Sunny Lopez President/CEO 8479981118 2023-07-28 1 Sunny Lopez 999009999 Karen O Crim P00368385 9372980201 2023-07-28 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Chestnut Square at the Glen Sunny Lopez 2601 Chestnut Avenue 3310 Glenview IL 60026 6694402 0 X www.chestnutsquare.info X 2000 IL Bethany North Suburban Group (BNSG) provides exceptional senior community living and health care that promotes holistic well-being for residents and clients through: Chestnut Square at The Glen, Partners in Health Care and Partners in Home Health Care. BNSG was established in 2003 and is a Division of Bethany Methodist Corporation, a faith-based organization affiliated with the United Methodist Church. The organization is guided by the values of compassion, advocacy, trust, teamwork and transparency. 9 8 151 8 0 0 533894 32782 7142660 6627742 32023 33795 0 83 7708577 6694402 0 0 0 0 3580264 3723827 0 0 0 4190527 4242956 7770791 7966783 -62214 -1272381 25298657 25081335 39443579 40679288 -14144922 -15597953 X Bethany North Suburban Group (BNSG) provides exceptional senior community living and health care that promotes holistic well-being for residents and clients through: Chestnut Square at The Glen, Partners in Health Care and Partners in Home Health Care. BNSG was established in 2003 and is a Division of Bethany Methodist Corporation, a faith-based organization affiliated with the United Methodist Church. The organization is guided by the values of compassion, advocacy, trust, teamwork and transparency. 0 1 6198496 6627742 Independent Seniors Residential Mission: BNSG is faithful to its non-profit, faith-based foundation and its continuing commitment as a provider of quality residential, hospitality, and ancillary programs for independent older adults. BNSG's full-service, maintenance-free apartments are designed for active seniors, and are complemented by a broad range of amenities, including a library, inter-faith chapel, fellowship areas, and media room. Along with housing services, professional staff ensure that other residents' interests and needs are met, including: opportunities for social interaction with peers, transportation, inter-generational exchanges, expression of religious beliefs, and occasions to contribute their time and talents as volunteers. 6198496 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 6 0 1 151 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Sunny Lopez 8479981118 2601 Chestnut Avenue 3310 Glenview IL 60026 Sunny Lopez President/CEO 38.00 2.00 X X 56324 102008 106248 Jennifer Christy Chair 1.00 2.00 X X 0 0 0 Bruce Balfe Secretary/Treasurer 1.00 2.00 X X 0 0 0 Scort Christy Director 1.00 0.00 X 0 0 0 Maureen Farrell Director 1.00 0.00 X 0 0 0 Janice Maloney Director 1.00 0.00 X 0 0 0 Jerry Marx Director 1.00 0.00 X 0 0 0 Keith Reed Director 1.00 2.00 X 0 0 0 Jane Wuellner Director 1.00 0.00 X 0 0 0 Vera Lampe Administrator 40.00 0.00 X 136144 0 2500 Renee Bellew Dir. of Sales and Marketing 40.00 0.00 X 141781 0 22709 Stephen Dahl Former Ex-Officio/CEO 0.00 2.00 X 0 157500 123 Wolfgang Mayer Former CFO/COO 0.00 0.00 X 0 274997 36621 James Gregory Former Corporate Controller 0.00 0.00 X 0 109439 8294 Joseph Chandy Former Administrator 0.00 0.00 X 0 148503 948 334249 792447 177443 2 1 1 0 Gordon Food Service PO Box 88029 Chicago IL 60680 Catering 581094 RSM US LLP 30 S Wacker Drive Suite 3300 Chicago IL 60606 Audit 113100 2 32782 32782 Resident Fees 900099 5208012 5208012 Patient Service Revenu 900099 1328385 1328385 Resident Services 900099 91345 91345 6627742 33795 33795 83 83 83 6694402 6627742 0 33878 190196 142647 47549 2959950 2219962 739988 354734 246964 107770 218947 164210 54737 4510 4510 75714 75714 584713 415762 168951 59444 44582 14862 254906 191179 63727 42574 31930 10644 839657 629742 209915 8995 6746 2249 959 720 239 5853 4390 1463 1062467 1062467 333192 199915 133277 Food 597545 597545 Bad Debt Expense 195374 146530 48844 Dues and Subscriptions 47568 35676 11892 Licenses and Taxes 4524 3393 1131 124961 54136 70825 7966783 6198496 1768287 0 605000 1330390 1567862 1845938 303269 110592 15706 15706 39529963 23942766 16239485 15587197 6567335 6191512 25298657 25081335 640143 709340 180000 140000 38623436 39829948 39443579 40679288 X -14152422 -15601533 7500 3580 -14144922 -15597953 25298657 25081335 X -1272381 -180650 X 0 1 X 1 0 X 0 0 334798 533894 32782 901474 5182075 5359279 7587662 7142660 6627742 31899418 5182075 5359279 7922460 7676554 6660524 32800892 5000 7500 12500 0 5000 7500 12500 32788392 0 0 68193 32023 33795 134011 68193 32023 33795 134011 83 83 5182075 5359279 7990653 7708577 6694402 32934986 0.99550 0.99660 0.00410 0.00320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 159368 7968 167336 151779 7589 159368 145028 7251 500 151779 139343 6510 825 145028 134471 7447 2575 139343 0.00000 0.55831 0.44169 0 0 4300000 4300000 33652825 22641917 11010908 1560718 1300849 259869 16420 16420 15587197 Assets Limited as to Use 2602908 Due from Affiliated Entities 3588604 6191512 Due to Affiliated Entities 3598467 Refundable Entrance Fees 36131481 Litigation Reserve 100000 39829948 X Part V, Line 4: To provide stipends to seminary students learning at Bethany about ministry with older adults. Part X, Line 2: Bethany North Suburban Group is exempt from income taxes on income from related activities under Section 501(c)(3) of the Internal Revenue Code (the Code) and corresponding state tax law. Income earned in furtherance of the Group's tax-exempt purpose is exempt from federal and state income taxes. The Code provides for taxation of unrelated business income under certain circumstances. The Group has no material unrelated business income; however, such status is subject to final determination upon examination of the related income tax returns by the appropriate taxing authority. Accordingly, no provision has been made for federal or state income taxes. Under Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Subtopic 740, Income Taxes, the Group must recognize the tax benefit from an uncertain tax position only if it is "more-likely-than-not" that the tax position will be sustained on examination by the applicable taxing authorities based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. ASC Subtopic 740-10 also provides guidance of derecognition, classification, interest and penalties on income taxes and accounting in interim periods and requires increased disclosure. There were no uncertain tax positions identified as of September 30, 2022. The Group does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Tax returns filed by the Group are subject to examination by the Internal Revenue Service (IRS) up to three years from the date the return was filed. The returns no longer subject to examination are for tax years ended before September 30, 2019. The Group recognizes interest and/or penalties, if any, related to income tax matters in income tax expense. The Group did not have any amounts accrued for interest and penalties at September 30, 2022. 1 0 0 0 0 0 0 0 0 Wolfgang Mayer Former CFO/COO 0 0 0 0 0 274997 0 0 0 36621 0 311618 0 0 Sunny Lopez President/CEO 56324 102008 0 0 0 0 0 33480 12500 60268 68824 195756 0 0 Renee Bellew Dir. of Sales and Marketing 141781 0 0 0 0 0 0 0 22709 0 164490 0 0 0 Stephen Dahl Former Ex-Officio/CEO 0 31500 0 0 0 126000 0 0 0 123 0 157623 0 0 Joseph Chandy Former Administrator 0 0 0 0 0 148503 0 0 0 948 0 149451 0 0 James Gregory Former Corporate Controller 0 0 0 0 0 109439 0 0 0 8294 0 117733 0 0 Part I, Line 1a Sunny Lopez, President, received a housing allowance during the year paid by a related organization, Bethany Methodist Corporation. The item was treated as nontaxable compensation. Part I, Line 3 The compensation for the President/CEO is determined by a related entity, Bethany Methodist Corporation ("BMC"). BMC's Executive Committee of the Board of Directors determines the compensation by: - Compensation Committee - Compensation Survey or Study - Approval by the Board or Compensation Committee Part I, Line 4a The following individuals received severance payments from a related organization which were reported as compensation on Part II, column (B)(iii): Stephen Dahl - $126,000 Wolfgang Mayer - $274,997 Joseph Chandy - $148,503 James Gregory - $109,439 Form 990, Part III, line 3 In fiscal year 2022, the Corporation made the decision to discontinue the Partners in Home Healthcare division and on April 1, 2022, operations were phased out. Form 990, Part VI, Section A, line 1a The Executive Committee shall include the officers of the Corporation and the CEO/President. The Executive Committee shall have the authority of the Board of Directors between meetings of the Board of Directors. The minutes of the Executive Committee shall become a part of the official record of the Board of Directors. It shall be the duty of the Executive Committee to see that all rules and regulations adopted by the Board of Directors are faithfully executed by committees and administrative officers of the Corporation. The Executive Committee may recommend policies and new rules and regulations to the Board of Directors for their review and acceptance. Form 990, Part VI, Section A, line 6 The sole member of Bethany North Suburban Group shall be Bethany Methodist Corporation, an Illinois non-for-profit corporation. Form 990, Part VI, Section A, line 7a Subject to the powers reserved to Bethany Methodist Corporation (BMC), the BNSG Board of Directors governs and manages the affairs of the corporation. The BNSG Board of Directors elects board members from among those persons nominated by its Nominating Committee. At all times, not less than three of the Directors of the Corporation shall be Directors of the BMC Board of Directors. The persons nominated by the Nominating Committee are community, business, civic or religious leaders, or persons with expertise in senior living or health care. Form 990, Part VI, Section A, line 7b BMC shall have the following rights and powers: - To appoint the CEO/President of the Corporation - To approve all amendments to the Articles of Incorporation and these Bylaws before the same become effective - To approve each annual operating and capital budget and long-range plan of the Corporation before expenditures may be made therefrom, all debt, the appointment of independent auditors, all accounting policies, and all investment guidelines. - To approve all plans of merger, consolidation or voluntary dissolution of the Corporation. - To approve the sale, lease, exchange, mortgage, pledge, or other disposition of more than 10% or $50,000 in value of property and assets of the Corporation in any one year. - To approve the creation of controlled or owned subsidiaries or affiliates of the Corporation. -To approve the Corporation's incurring debt or obligating its assets - To approve the adoption of accounting policy, executive compensation, and fringe benefits - To approve the donation of corporate assets not within an approved budget. Form 990, Part VI, Section B, line 11b The completed Form 990 is reviewed by management and a copy of the Form 990 is provided to the governing body prior to filing the return with the IRS. Form 990, Part VI, Section B, line 12c Members of the Board of Directors, Corporate Officers and employees are required to avoid all situations that may, in fact or appearance, present as a conflict of interest. Corporate bylaws require that all actual, potential, direct, apparent, and indirect conflicts be disclosed in full and in writing. An annual, formal, and written disclosure statement is completed by all members of the board, corporate officers, and key employees. Board members who believe they may be involved in a conflict of interest related to a given issue are required to abstain from voting or taking other official action related to that issue. Corporate officers and key employees who believe they may be involved in a conflict of interest related to a particular issue will recuse themselves from taking any official action related to that issue. The Board of Directors retains responsibility for establishing any additional guidelines necessary to resolve a conflict of interest. Policies regarding potential conflicts of interest are included in the regularly-scheduled, formal review conducted by the BNSG Executive Committee and the BNSG Leadership Team. Form 990, Part VI, Section B, line 15 The Executive Committee of the BNSG Board of Directors, led by the Chair of the Board of Directors reviews and approves annual objectives established by the President/CEO and Leadership Team of BNSG. These objectives are presented to the Board on an annual basis for their approval. The top management official's (the President/CEO) salary was determined after examination of comparability data and ensuring that compensation was granted in compliance with regulatory and ethical standards as well as industry norms. Recommendations for compensation are reviewed on an annual basis and adjusted in accordance with job expectations and successful completion of agreed upon goals and objectives. Led by the President/CEO, key employees establish annual line-of-site goals and objectives aligned with the goals and objectives approved on an annual basis for the President/CEO by the Board of Directors. The Human Resources Department is responsible for examining comparability data and ensuring that compensation is granted in compliance with regulatory and ethical standards as well as industry norms. Salary ranges are established and approved by the Board of Directors through the budget process. Recommendations for compensation are reviewed on an annual basis and adjusted in accordance with job expectations and successful completion of agreed upon goals and objectives. Form 990, Part VI, Section C, line 19 These documents are available to the general public as provided for under the respective federal regulations. Form 990, Part XI, line 9: Loss on Impairment on Operating License -180,650. Bethany Methodist Corporation 2601 Chestnut Avenue Suite 3310 Glenview IL 60026 363478324 Corporate Office IL 501(c)(3) Line 12c, III-FI N/A 0 Bethany Homes and Methodist Hospital 2601 Chestnut Avenue Suite 3310 Glenview IL 60026 362012788 Health Care Provider IL 501(c)(3) Line 10 Bethany Methodist Corporation 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0