IRS 990 Nonprofit Profile
Bethany Terrace
The organization's mission was to build a retirement housing community, however due to lack of cooperation from local government, the development failed causing the value of the property to decline below the accumulated costs incurred to build the infrastructure. As a result, the organization was forced to cease development efforts and transfer the property to its creditor in satisfaction of its outstanding loans.
Financials
- Filing year
- 2015
- Total revenue
- $-527K
- Total expenses
- $20K
- Total assets
- $0
- Program expenses
- $20K
- Administration
- $0
- Fundraising
- $0
- Program share of expenses
- 100%
- EIN
- 911178420
- Location
- Sultan, WA
Leadership and Compensation
Leadership is reported as unpaid in the latest filing.
- William Neuman - President/tr
- $0
- Richard Hendrickson - Member At La
- $0
- Virginia Neuman - Secretary
- $0
- Mark Neuman - Vice Preside
- $0
Officers, directors and key employees with total reported compensation, from Form 990 Part VII.
Governance
- Voting board members
- 4
- Independent members
- 0
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Financial data on this page is sourced from IRS Form 990 filings.