2025-11-12T11:23:10-06:00 2024-12-31 420714325 RSM US LLP 6 S Patterson Blvd Dayton OH 45402 990 2024-10-01 362012788 Bethany Homes and Methodist Hospital BETH 8479981118 2601 Chestnut Avenue 3310 Glenview IL 60026 Vera Lampe CEO 8479981118 2025-11-07 1 1 Karen O Crim P00368385 9372980201 2025-11-07 2024 2025-03-06 01:10:19Z Vera Lampe 2601 Chestnut Avenue 3310 Glenview IL 60026 8000 0 X N/A X 1890 IL See Schedule O. X 9 8 0 8 0 0 0 8000 0 0 0 0 0 0 0 8000 0 0 0 0 0 0 0 0 0 1718 18814 1718 18814 -1718 -10814 2328268 0 108963 0 2219305 0 X See Schedule O.BH&MH 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 an emphasis on geriatric services, mental health services, and the medical, psychiatric and related services provided by independent practitioners, as well as by Lakeview Medical Group, a geriatrics-focused, multi-specialty physician group. 0 0 0 0 0 Bethany Homes and Methodist Hospital contains two divisions: Methodist Hospital of Chicago (MHC) and Bethany Retirement Community (BRC). On September 30, 2019, the Corporation sold the MHC and BRC divisions of the business. The remaining activity of MHC and BRC relates to previously discontinued operations. At December 31, 2024, all remaining assets, liabilities and net assets were transferred to Bethany Methodist Corporation. 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Vera Lampe 8479981118 2601 Chestnut Avenue 3310 Glenview IL 60026 Vera Lampe President/CEO 1.00 39.00 X X 0 195287 3166 Jennifer Christy Chair 1.00 1.00 X X 0 0 0 Bruce Balfe Secretary/Treasurer 1.00 1.00 X X 0 0 0 Scort Christy Director 1.00 1.00 X 0 0 0 Maureen Farrell Director 1.00 1.00 X 0 0 0 Janice Maloney Director 1.00 1.00 X 0 0 0 Jerry Marx Director 1.00 1.00 X 0 0 0 Keith Reed Director 1.00 1.00 X 0 0 0 Jane Wuellner Director 1.00 1.00 X 0 0 0 Renee Bellew Dir. of Sales and Marketing 0.00 40.00 X 0 197455 28163 Jackie Nieves Director of Human Resources 0.00 40.00 X 0 109225 13977 Sunny Lopez Former President/CEO 0.00 0.00 X 0 44108 4899 0 546075 50205 0 1 1 0 0 8000 8000 8000 0 0 0 X 2606 2606 252 252 1546 1546 10452 10452 Dues and Subscriptions 3958 3958 18814 0 18814 0 33682 2294586 0 2328268 0 108963 0 108963 0 X 1054479 0 1164826 0 2219305 0 2328268 0 X -10814 -5335 -2203156 X 0 1 X 1 0 X 0 19625 9545 0 8000 37170 235369 69657 0 0 0 305026 235369 89282 9545 8000 342196 0 0 0 342196 0 0 58463 0 0 58463 58463 58463 235369 89282 68008 8000 400659 0.85410 0.34180 0.14590 0.06950 X Schedule A, Part III, Short Year Explanation: Bethany Homes and Methodist Hospital changed from a September 30 fiscal year end to a calendar year end during 2024. Therefore, the fiscal year end of 9/30/2021 has been presented in Column (A) 2020, the fiscal year end of 9/30/2022 has been presented in Column (B) 2021, the fiscal year end of 9/30/2023 has been presented in Column (C) 2022, the fiscal year end of 9/30/2024 has been presented in Column (D) 2023, and the short year period of 10/1/2024 to 12/31/2024 has been presented in Column (E) 2024. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X Part X, Line 2: Bethany Homes and Methodist Hospital 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 Corporation'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 Corporation 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 FASB ASC Subtopic 740, Income Taxes, the Corporation 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 consolidated financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent 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 December 31, 2024. The Corporation does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Tax returns filed by the Corporation 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 December 31, 2021. The Corporation recognizes interest and/or penalties, if any, related to income tax matters in income tax expense. The Corporation did not have any amounts accrued for interest and penalties at December 31, 2024. 0 0 0 0 0 0 0 0 0 Renee Bellew Dir. of Sales and Marketing 0 197455 0 0 0 0 0 2534 0 25629 0 225618 0 0 Vera Lampe President/CEO 0 195287 0 0 0 0 0 0 0 3166 0 198453 0 0 Sunny Lopez Former President/CEO 0 44108 0 0 0 0 0 719 0 4180 0 49007 0 0 Part I, Line 1a Sunny Lopez, Former President, received a housing allowance during the year paid by a related organization, Bethany Methodist Corporation (formerly Bethany North Suburban Group). 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"), formerly Bethany North Suburban Group ("BNSG"). 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 Property and equipment, net 2024-12-31 33682 Book value 043604839 Bethany Methodist Corporation 2601 Chestnut Ave Suite 3310 Glenview IL 60026 501(c)(3) Other long term assets - Land Parcels 2024-12-31 17222 Book value 043604839 Bethany Methodist Corporation 2601 Chestnut Ave Suite 3310 Glenview IL 60026 501(c)(3) Dues from related parties 2024-12-31 1251089 Book value 043604839 Bethany Methodist Corporation 2601 Chestnut Ave Suite 3310 Glenview IL 60026 501(c)(3) 1 1 0 0 Part II, Line 2e: Person(s) Involved: Jennifer Christy, Bruce Balfe, Scort Christy, Maureen Farrell, Janice Maloney, Jerry Marx, Keith Reed, Jane Wuellner, Vera Lampe Part II, Line 2e: Explanation of Involvement: Jennifer Christy, Bruce Balfe, Scort Christy, Maureen Farrell, Janice Maloney, Jerry Marx, Keith Reed, Jane Wuellner, and Vera Lampe are directors of Bethany Methodist Corporation.Vera Lampe is an employee of Bethany Methodist Corporation. Form 990, Part I, Line 1 Bethany Homes & Methodist Hospital of Chicago (BH&MH) was a 130-year-old, faith-based, non-profit organization whose primary mission was to provide its service areas with quality medical and behavioral-health programs, senior housing, and ancillary programs. Its services demonstrated commitment to the physical, emotional, social, and spiritual needs of seniors and vulnerable adults of all ages. BH&MH was comprised of two divisions: Bethany Retirement Community (BRC) and Methodist Hospital of Chicago (MHC), both located in Chicago, IL. Specialized programs were delivered in fully-licensed and, as legally required, accredited settings. Services were provided with dignity and respect for all clients, and in accordance with best practices related to clinical care and client satisfaction. Individuals were received irrespective of race, color, national origin, religion, sex, sexual orientation, gender identity, ethnicity, socio-economic background, age, handicap, or disability. BH&MH's mission also included outreach to its neighbors with education on health and aging issues and advocacy for its diverse populations. It practiced responsible stewardship of resources in the delivery of care and support for clients, civic groups, faith congregations, and members of the larger community. On September 30, 2019, the Corporation sold the MHC and BRC divisions of the business. The remaining activity of MHC and BRC relates to previously discontinued operations. At December 31, 2024, all remaining assets, liabilities and net assets were transferred to Bethany Methodist Corporation. Form 990, Part VI, Section A, line 1a The Executive Committee shall include the officers of the Corporation and the Chief Executive Officer. 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. The Executive Committee shall recommend to the Board of Directors the salary and benefits of the Chief Executive Officer, provided however, the Chief Executive Officer shall not participate in any such deliberations or vote. The Executive Committee, in consultation with the Chief Executive Officer, shall recommend to the Board of Directors the reimbursement for expenses, if any, to be provided to the officers of the Corporation. 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 through the corporate compliance program, which includes oversight by the organization's Compliance Officer, the Compliance Committee, and External Legal Counsel. Form 990, Part VI, Section B, line 15 The compensation for the Chief Executive Officer is determined by a related entity, Bethany Methodist Corporation (BMC), formerly Bethany North Suburban Group (BNSG). The Executive Committee of the BMC 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 BMC. These objectives are presented to the Board on an annual basis for their approval. The Chief Executive Officer's 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. Form 990, Part VI, Section C, line 19 These documents are available to the general public upon request for the period of time in accordance with internal revenue code section 6104(d). Form 990, Part IX, line 11g Purchased Services: Program service expenses 0. Management and general expenses 2,606. Fundraising expenses 0. Total expenses 2,606. Form 990, Part XI, line 9: Transfer to Bethany Methodist Corporation -2,203,156. Bethany Methodist Corporation (formerly BNSG) 2601 Chestnut Avenue Glenview IL 60025 043604839 Independent Living IL 501(c)(3) Line 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0