Bethany Lutheran Home
Legal name: Bethany Lutheran Home for the Aged Inc
Nonprofit profile at a glance
- EIN
- 460233029
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Sioux Falls, SD, US
- Phone
- (605)338-2351; (605)582-5200; (605)582-8622
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Nursing, Convalescent Facilities
- Affiliation
- Christianity
Reported finances
- Revenue
- $19,916,350
- Expenses
- $19,232,080
- Assets
- $31,409,579
- Liabilities
- $25,431,271
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- JIM SANDEN (PRESIDENT)
- LEE PERSON (1ST VICE PRESIDENT)
- ROBERT ANDERSON (2ND VICE PRESIDENT)
- DEBORAH HERRBOLDT (CEO/ADMINISTRATOR)
Highest reported compensation
- DEBORAH HERRBOLDT (CEO/ADMINISTRATOR): $220,127 total reported compensation
- RHONDA STURGEON (REGISTERED NURSE): $117,403 total reported compensation
- HUNTER WINKELPLECK (BRANDON ADMINISTRATOR): $115,979 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide senior living facilities and care for the body, mind, and spirit. The key elements that make a person feel at home at Bethany are comfort, easy elegance, wonderful cuisine, friends, and family. These are the very essence of everyday senior living at Bethany Home and Bethany Meadows located in Sioux Falls and Brandon, South Dakota. Our senior living community offers spacious apartments and a wide array of services and amenities, well-suited for those who need a little support with their daily living. Our friendly community offers residents access to a host of activities from water aerobics in the pool to games of bridge, and there are a variety of social engagements available each week. Come see all that senior living can be at Bethany.
What it reported doing in 2024
Bethany lutheran home for the aged, inc. Dba bethany home sioux falls and bethany home brandon consists of a 52-bed long-term care facility, 27 assisted living units and 9 independent living homes in sioux falls, South Dakota; a 60 bed long-term care facility in brandon, South Dakota; and a senior living community in brandon, South Dakota, d/b/a bethany meadows. Bethany meadows consists of 66 independent or assisted living units and 56 twin homes.
Operating model
- Revenue model
- Other-operating. 97% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.6%; rating input score 86
- Program expense ratio: 88.3%; rating input score 88
- Fundraising efficiency: $2.59 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.4%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 1.63; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.81; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 3.9%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: 4.9% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 0.2% per year; rating input score 100; 11th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 85.6% of revenue deployed · 88.3% of spending went to programs
- Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $17M in reported program spending
- Leadership: top reported pay $220K · 20 people listed
- Highest-paid contractors: 5 contractors listed · $1.7M reported
- Consistency: 37 of 37 current checks pass
- Schedules: 6 filed schedules · includes major donors and related organizations
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 9/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.