Bethel Homes and Services
Legal name: Bethel Methodist Home
Nonprofit profile at a glance
- EIN
- 131739921
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Croton-on-Hudson, NY, United States
- Phone
- 877-469-6800
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Nursing, Convalescent Facilities
- Affiliation
- Christianity
Reported finances
- Revenue
- $19,910,767
- Expenses
- $21,284,233
- Assets
- $69,130,629
- Liabilities
- $73,040,309
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Highest reported compensation
- ANASTASIOS MARKOPOULOS (VP/CFO): $631,640 total reported compensation
- FARAH VARQUEZ (ASSESSMENT COORDINATOR): $240,133 total reported compensation
- NICOLE TANGREDI (FINANCE MANAGER): $224,648 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
As the gold standard for health care, housing, retirement, recreation, and education services primarily for older adults, Bethel Communities Management transforms the quality of life in the Lower Hudson River Valley and beyond. Bethel takes a holistic approach to senior care, as evidenced by our slogan, “Aging with Grace: For a Better Life, for a Better World.” We strive to empower not only our residents to live better lives through our comprehensive services and supportive communities, but also for others to recognize the invaluable wisdom, experience, and potential that seniors bring to enrich the wider world. This mission is deeply rooted in our core values: Compassion:** Kindness and consideration for those we serve and for each other Commitment:** Dedication to our mission, to those we serve, and to each other.
What it reported doing in 2024
In 2016, the entity began operating a continuing care retirement community known as the knolls. The ccrc consists of 120 independent residential apartments, 10 enriched housing apartments, 20 skilled nursing beds, common areas and related infrastructure and facilities. The ccrc provides housing, as well as food, health, and other services to elderly residents.
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.7%; rating input score 63
- Program expense ratio: 58.9%; rating input score 59
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: -6.9%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 3.25; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 1.06; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 6.8%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: 17.4% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 14.6% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 15.7% per year; rating input score 100; 82nd percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 62.7% of revenue deployed · 58.9% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $12.5M in reported program spending
- Leadership: top reported pay $632K · 12 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $803K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 6 filed related-organization links
- 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.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- High — Sustainability: Operating margin scored 14/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.