2013-02-02T15:14:08-06:00 2012-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2011-07-01 363013241 BETHEL NEW LIFE INC BETH 7734737870 4950 WEST THOMAS STREET CHICAGO IL 60651 LORI R VALLELUNGA PHD 7734737870 2013-01-28 1 LU ANN TRAPP P01506476 3122071040 2013-01-28 2011 2016-02-25 16:41:14Z LORI R VALLELUNGA PHD 4950 WEST THOMAS STREET CHICAGO IL 60651 10843821 0 X WWW.BETHELNEWLIFE.ORG X 1979 IL TO REALIZE GOD'S VISION OF A RESTORED SOCIETY BY EMPOWERING INDIVIDUALS, STREGTHENING FAMILIES AND BUILDING NEIGHBORHOODS THROUGH COMMUNITY DRIVEN, SOLUTION-ORIENTED AND VALUE-CENTERED APPROACHES. 19 19 333 520 0 0 9495746 9176161 920246 1083772 472902 17198 1287936 406774 12176830 10683905 0 296000 0 0 7784758 7715906 0 0 411685 3686964 2726340 11471722 10738246 705108 -54341 12357616 8853488 12383944 11081096 -26328 -2227608 X THE MISSION OF BETHEL NEW LIFE, INC. IS TO REALIZE GOD'S VISION OF A RESTORED SOCIETY BY EMPOWERING INDIVIDUALS, STRENGTHENING FAMILIES, AND BUILDING NEIGHBORHOODS THROUGH COMMUNITY- DRIVEN, SOLUTION-ORIENTED, AND VALUE-CENTERED APPROACHES. 0 0 5719653 THE COMMUNITY OF ELDERS PROGRAM CONSISTS OF: ADULT DAY CARE PROVIDES AN ENVIRONMENT THAT PROMOTES AGING, CAREGIVER RESPITE, AND AN ALTERNATIVE TO PREMATURE INSTITUTIONALIZATION. CHORE HOMEMAKER PROVIDES IN-HOME SERVICES FOR THE ELDERLY VIA PERSONAL CARE, HOUSEKEEPING, MEAL PREPARATION, ESCORT FOR ERRANDS, AND SUPERVISION TO PREVENT PREMATURE INSTITUTIONALIZATION. SENIOR LIVING FACILITY PROVIDES AN AFFORDABLE AND SUPPORTIVE ASSISTED LIVING COMMUNITY THAT ENCOURAGES RESIDENTS TO BE INDEPENDENT AND STAY CONNECTED TO THE PEOPLE AND LIFE THEY LOVE. BETHEL PROVIDES SENIORS WITH AN ENGAGING LIFESTYLE AS WELL AS OPPORTUNITIES FOR FUN AND ENRICHMENT, WHILE OFFERING A VARIETY OF WAYS FOR SENIORS TO STAY WELL AND LEARN ABOUT HEALTH ISSUES. 832360 834139 THE REAL ESTATE DIVISION CONSISTS OF RENTAL RESIDENTIAL AND OTHER RENTAL REAL ESTATE. RENTAL RESIDENTIAL REAL ESTATE IS COMPRISED OF THREE AFFORDABLE SENIOR INDEPENDENT LIVING DEVELOPMENTS AND ONE ASSISTED LIVING FACILITY TO ALLOW COMMUNITY RESIDENTS TO AGE GRACEFULLY WHILE WITHIN LIVING DISTANCE OF THEIR FRIENDS AND RELATIVES. THE OTHER RENTAL SPACE COMBINES THE BETHEL COMMERCIAL CENTER AT LAKE AND PULASKI, AMBERG CHAPEL, BANQUET HALL, SMALL BUSINESS CENTER: ALL AT THE BETHEL CAMPUS. THESE OTHER RENTAL FACILITIES ASSIST IN DEVELOPING THE COMMUNITY BY TARGETING ORGANIZATIONS AND SERVICES WHICH ARE LACKING IN THE COMMUNITY AND ARE VITAL TO ITS CONTINUED DEVELOPMENT. 1266844 THE COMMUNITY SERVICES DIVISION IS COMPRISED OF THE FOLLOWING: WOMEN, INFANTS, AND CHILDREN (WIC) PROVIDES INDIVIDUAL AND GROUP SESSIONS ON HEALTHY EATING HABITS AND FOOD PREPARATION IN A SUPPLEMENTAL FOOD AND NUTRITION PROGRAM FOR PEOPLE WHO ARE MEDICALLY OR NUTRITIONALLY AT RISK. CHICAGO FAMILY CASE MANAGEMENT, AS PART OF THE STATE'S MANAGED-CARE PROGRAM, FOCUSES ON THE SOCIAL SERVICE COMPONENT TO ASSIST ENROLLED FAMILIES WITH CHILDREN AND PREGNANT WOMEN IN IDENTIFYING AND ACCESSING PRIMARY SOURCES OF MEDICAL CARE BY MONITORING SERVICES TO ENSURE THAT ROUTINE AND PREVENTIVE HEALTH SERVICES ARE OBTAINED ON A CONSISTENT BASIS. RIGHT START FOR FAMILY (FORMERLY PROJECT TRIUMPH) PROVIDES A COORDINATED SERVICE DELIVERY SYSTEM TO FACILITATE PARENTING EDUCATION AND THE EARLY IDENTIFICATION OF DEVELOPMENTAL DELAYS FOR AT-RISK CHILDREN AND THEIR FAMILIES. WEED & SEED ORGANIZES A MOBILIZATION EFFORT DESIGNED TO MEET THE COMMUNITY'S SOCIAL REDEVELOPMENT NEEDS BY HELPING DECREASE VIOLENT CRIME AND TRUANCY AND INCREASING SCHOOL PERFORMANCES AND THE SELF-ESTEEM OF YOUTH MENTEES AND INCREASING COMMUNITY ACCESS TO RESOURCES AND SERVICES. EMERGENCY FUND PROVIDES COMPASSIONATE, QUICK, EMERGENCY RELIEF TO LOW INCOME RESIDENTS OF ALL AGES, RACES, AND ETHNIC ORIGINS. 662809 249633 THE FAMILY ECONOMIC SUCCESS DIVISION PROGRAM CONSISTS OF: COMMUNITY SAVINGS CENTER PROVIDES AFFORDABLE BANKING PRODUCTS, FINANCIAL EDUCATION PROGRAMS, AND MATCHED SAVINGS ACCOUNTS FOR LOW- TO MODERATE-INCOME INDIVIDUALS AND FAMILIES. EMPLOYMENT ASSISTS UNEMPLOYED PERSONS TO OBTAIN GAINFUL, SUITABLE EMPLOYMENT BY PROVIDING TRAINING, EMPLOYMENT, COUNSELING, AND JOB PLACEMENT. HOUSING SERVICES PROVIDES REPAIRS AND ENABLING DEVICES IN THE HOMES OF THE ELDERLY AND PERSONS WITH DISABILITIES. 662809 249633 8481666 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 49 0 1 333 1 0 0 0 0 0 1 1 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 IL X PAUL S WATFORD 7734737870 4950 WEST THOMAS STREET CHICAGO IL 60651 HOWARD PIGGEE 1.00 X X 0 0 0 IRVIN BROWN 1.00 X X 0 0 0 VALORA STARR 1.00 X X 0 0 0 JANICE JACKSON 1.00 X X 0 0 0 BRUCE MARTIN 1.00 X X 0 0 0 BRIAN K ELLISON 1.00 X 0 0 0 PAUL RIMINGTON 1.00 X 0 0 0 DALE BRUCKNER 1.00 X 0 0 0 TRUMAN N TOLEFREE 1.00 X 0 0 0 JACKIE BRUCKNER 1.00 X 0 0 0 ANNIE MAE LIDDELL 1.00 X 0 0 0 CAMILLE LILLY 1.00 X 0 0 0 JEWEL MANDEVILLE 1.00 X 0 0 0 WANDA WITHERS 1.00 X 0 0 0 LEN WIATR 1.00 X 0 0 0 LAWRENCE GRISHAM 1.00 X 0 0 0 RICHARD GREEN 1.00 X 0 0 0 KAANAELI MAKUNDI 1.00 X 0 0 0 SHERMAN HICKS 1.00 X 0 0 0 LORI R VALLELUNGA 40.00 X 79672 0 3045 LAWRENCE WILSON 40.00 X 129555 0 5013 209227 0 8058 1 0 0 0 GORDON FOOD SERVICE INC 420 50TH STREET NW GRAND RAPIDS MI 49548 FOOD SERVICE 134620 NET-TELLIGENCE 2024 W WEBSTER UNIT 1 CHICAGO IL 60647 IT CONSULTANTS 102108 2 1667 128666 8275300 770528 138020 9176161 RENTAL INCOME 623000 834139 834139 MANAGEMENT AND CONSULT 900099 160596 160596 OTHER PROGRAM SERVICE 900099 89037 89037 1083772 2194 2194 150372 135368 15004 15004 15004 17850 128666 24548 -6698 -6698 GAIN ON INSURANCE PROC 900099 213900 213900 LOAN FORGIVENESS 900099 199572 199572 413472 10683905 1083772 0 423972 296000 296000 241410 199217 35189 7004 6270274 5166993 920929 182352 1204222 1034860 136890 32472 44931 44931 15358 15358 410925 221232 180394 9299 408192 365102 11854 31236 266037 211658 49889 4490 79208 73882 3822 1504 20855 5528 14406 921 283224 156698 122246 4280 225387 143458 78005 3924 253445 172988 74707 5750 REPAIRS AND MAINTENANCE 150846 127232 21462 2152 SPECIAL EVENTS 118926 338 12056 106532 TELEPHONE 100937 83174 17473 290 BAD DEBT EXPENSE 90466 47234 43232 257603 176072 62052 19479 10738246 8481666 1844895 411685 2934955 1782537 200000 200000 0 2500 1713103 2214938 326237 377128 7230413 3495752 6341191 3734661 44928 45194 797202 496530 12357616 8853488 3237275 2140312 8286458 8200560 860211 740224 12383944 11081096 X -554318 -2379561 527990 151953 -26328 -2227608 12357616 8853488 X -54341 -2146939 X 0 1 1 X 1 1 X 11063908 10189350 9256849 9495746 9194011 49199864 11063908 10189350 9256849 9495746 9194011 49199864 49199864 23032 18867 22902 2194 66995 652240 462370 1737936 413472 3266018 52532877 1083772 0.93660 0.91720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44929 265 45194 34699 10230 44929 139495 8082 112878 34699 497310 -278369 -79446 139495 1.00000 0.00000 0.00000 0 0 1007600 1007600 3213111 2428844 784267 1755524 331468 1424056 440436 257761 182675 813742 477679 336063 3734661 PROPERTY HELD FOR DEVELOPMENT 38710 PROPERTY HELD FOR SALE 254477 DUE FROM RELATED PARTY 203343 496530 REFUNDABLE PROGRAM ADVANCE 740224 740224 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO SUPPLEMENT PROGRAM EXPENDITURES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION'S APPLICATION OF GAAPUSA REGARDING UNCERTAIN TAX POSITIONS HAD NO EFFECT ON ITS FINANCIAL POSITION AS MANAGEMENT BELIEVES THE ORGANIZATION HAS NO MATERIAL UNRECOGNIZED INCOME TAX BENEFITS, INCLUDING ANY POTENTIAL RISK OF LOSS OF ITS NOT-FOR-PROFIT TAX STATUS. THE ORGANIZATION WOULD ACCOUNT FOR ANY POTENTIAL INTEREST OR PENALTIES RELATED TO POSSIBLE FUTURE LIABILITIES FOR UNRECOGNIZED INCOME TAX BENEFITS AS INCOME TAX EXPENSE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR PERIODS BEFORE 2009. GALA EVENT 146516 128666 17850 24548 146516 128666 17850 24548 24548 -6698 1 SMART SAVER PROGRAM 236 296000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE SMART SAVER PROGRAM IS A FIVE YEAR FEDERAL MATCH SAVINGS PROGRAM (IDA) INDIVIDUAL DEVELOPMENT ACCOUNTS WHERE INDIVIDUALS COULD SAVE FOR A DOWN PAYMENT ON A HOME, START A NEW BUSINESS, OR PROVIDE FUNDS FOR SECONDARY EDUCATION. RESULTS: $1.4 M INVESTED; $472,000 SAVED; 113 BUSINESS; 47 COLLEGE STARTED; 76 NEW AND RENOVATED HOMES. EACH PARTICIPATION WAS ABLE TO PROVIDE FOR ONLY ONE PROGRAM. X 7 30450 FAIR MARKET VALUE X CLOTHING 1 440 FAIR MARKET VALUE X SPECIAL EVENT AND RAFFLE ITEMS 10 101440 FAIR MARKET VALUE X EQUIPMENT 3 5690 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE INFORMATION FOR FORM 990 IS PREPARED BY THE FINANCE STAFF AND REVIEWED BY THE SENIOR DIRECTOR OF FINANCE BEFORE SUBMISSION TO THE INDEPENDENT TAX PREPARER. WHEN A DRAFT OF THE TAX RETURN IS SENT BACK TO THE ORGANIZATION BY THE TAX PREPARER, IT IS REVIEWED BY THE CEO, CAO, AND THE BOARD OF DIRECTORS. PRIOR TO THE RETURN BEING FILED WITH THE INTERNAL REVENUE SERVICE (IRS), A COPY OF THE RETURN IS GIVEN TO EACH VOTING MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED REGULARLY AND CONSISTENTLY. THE POLICY IS BASED UPON FULL DISCLOSURE AND WHEN NECESSARY A MANAGEMENT PLAN IS DEVELOPED TO ADDRESS ANY POSSIBLE CONFLICT OF INTEREST. IF ANY ARRANGEMENTS SHOULD ARISE SUBSEQUENT TO FILING, ALL ARE REQUIRED TO UPDATE THE DISCLOSURES. ALL DISCLOSURES WITH THE POTENTIAL FOR CONFLICT ARE REVIEWED BY APPROPRIATE COMMITTEE WHERE THEY ARE CAREFULLY EVALUATED AND IF NECESSARY, A PLAN IS DEVELOPED TO MANAGE THE POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. THE ACTIVITY FOR DETERMINING COMPENSATION IS LED BY AN AD HOC COMMITTEE OR THE EXECUTIVE COMMITTEE OF THE BOARD. THE COMPENSATION OF OTHER OFFICERS ARE DETERMINED BY THE PRESIDENT & CEO WHO ARE VESTED WITH THE AUTHORITY TO DETERMINE SUCH SALARIES. TYPICALLY, THE SALARIES REFLECT THE RANGES PORTRAYED IN COMPENSATION STUDIES AND DISCLOSED IN THE ANNUAL BUDGET APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE ORGANIZATION'S FORM 990 IS MAINTAINED IN A PUBLIC REVIEW BINDER AT ITS PRINCIPAL OFFICE AND IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FINANCIAL INFORMATION IS DISCLOSED IN THE ORGANIZATION'S ANNUAL AUDIT AND ANNUAL REPORT. THE ANNUAL REPORT IS DISTRIBUTED TO INTERESTED PARTIES AND POSTED ON THE ORGANIZATION'S WEB SITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENTS: -2,146,939. BETHEL NMTC MANAGER LLC 4950 WEST THOMAS STREET CHICAGO IL 60651 383737568 COMMUNITY DEVELOPMENT INVESTMENTS IL 0 47 BETHEL NEW LIFE INC BETH-ANNE CAMPUS HOLDING 4950 WEST THOMAS STREET CHICAGO IL 60651 363690266 HOUSING (DISSOLVED 10/2011) IL 501(C)(3) LINE 7 BETHEL NEW LIFE INC 1 NEW LIFE ASSOCIATES 4950 WEST THOMAS STREET CHICAGO IL 60651 HOUSING (DISSOLVED 10/2011) IL 501(C)(3) LINE 7 BETHEL NEW LIFE INC 1 BETH-ANNE EXTENDED LIVING 4950 WEST THOMAS STREET CHICAGO IL 60651 364372019 HOUSING IL 501(C)(3) LINE 7 BETHEL NEW LIFE INC 1 BETHEL PACE CENTRE 4950 WEST THOMAS STREET CHICAGO IL 60651 366700890 HOUSING IL 501(C)(3) LINE 7 BETHEL NEW LIFE INC 1 BETH-ANNE RESIDENCIES 4950 WEST THOMAS STREET CHICAGO IL 60651 363999938 HOUSING IL 501(C)(3) LINE 7 BETHEL NEW LIFE INC 1 BETHEL ANATHOTH GARDENS 4950 WEST THOMAS STREET CHICAGO IL 60651 383739932 HOUSING IL 501(C)(3) LINE 7 BETHEL NEW LIFE INC 1 NEW LIFE COMMUNITY INVESTMENT LLC 4950 WEST THOMAS STREET CHICAGO IL 60653 010361103 COMMUNITY DEVELOPMENT INVESTMENTS IL BETHEL NMTC INVESTMENT INCOME 47 1 1 0.00020 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 BETH-ANNE RESIDENCIES P 80563 FAIR MARKET VALUE BETH-ANNE PLACE P 52591 FAIR MARKET VALUE