BETHESDA CORPORATION

Address
711 OHIO STREET
TERRE HAUTE, IN 47807
Contact
Phone: +1 (812) 232-5083
Nonprofit
NTEE: L21 - Public Housing Facilities
EIN: 35-1377225

Mission

BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.
 20162015201420132012
Basic features of the organization
Year of formation1977
Subsection code03
PF filing required0    
Metropolitan statistical area8320
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00$0.00
Number of employees00000
Number of people compensated >$100k00000
Number of volunteers00000
Number of highly compensated contractors0000 
Personnel
Adams, James
TitlePRESIDENTVICE PRESIDENTVICE PRESIDENTVICE PRESIDENTVICE PRESIDENT
Name of key/compensated personJAMES ADAMSJAMES ADAMSJAMES ADAMSJAMES ADAMSJAMES ADAMS
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org0.500.500.500.500.50
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.500.500.500.500.50
Friedrich, Gerald
Title  PRESIDENTPRESIDENTPRESIDENT
Name of key/compensated person  GERALD J FRIEDRICHGERALD J FRIEDRICHGERALD J FRIEDRICH
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Current officer  TrueTrueTrue
Average hours per week working for org  0.500.500.50
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Average hours per week working for related orgs  0.500.500.50
Lear, James
TitleSECRETARYSECRETARYSECRETARYSECRETARYSECRETARY
Name of key/compensated personJAMES R LEARJAMES R LEARJAMES R LEARJAMES R LEARJAMES R LEAR
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org0.500.500.500.500.50
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.500.500.500.500.50
Varner, Gerry
TitleDIRECTORPRESIDENTPRESIDENT  
Name of key/compensated personGERRY VARNERGERRY VARNERGERRY VARNER  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Current officer TrueTrue  
Average hours per week working for org0.500.500.50  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Average hours per week working for related orgs0.500.500.50  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesBETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.
Program service expenses, total$668,949.00$746,614.00$669,576.00$933,470.00$699,718.00
Programs, including revenue & expenses
BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.
Program expenses$668,949.00$746,614.00$669,576.00$933,470.00$699,718.00
Program revenue$352,710.00$347,692.00$330,484.00$334,978.00$332,462.00
Program descriptionBETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.BETHESDA CORPORATION (THE "CORPORATION") IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 101 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN TERRE HAUTE, INDIANA. THE PROJECT OPERATED BY THE CORPORATION IS AN ELDERLY HOUSING PROJECT KNOWN AS JULIET A. PEDDLE PARK. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"), PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.
Financial data
Revenue
Total revenue$884,469.00$863,360.00$775,852.00$768,830.00$757,179.00
Revenue from contributions (total)$529,515.00$513,393.00$426,522.00$414,567.00$408,062.00
Investment income, current yr$137.00$119.00$248.00$5,686.00$3,965.00
Total revenue from grants, etc., current yr$529,515.00$513,393.00$426,522.00$414,567.00$408,062.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$2,107.00$2,156.00$18,598.00$13,599.00$12,690.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$352,710.00$347,692.00$330,484.00$334,978.00$332,462.00
Gross receipts$884,469.00$863,360.00$775,852.00$768,830.00$757,179.00
Sources of contributions
Revenue from gov't grants$529,515.00$513,393.00$426,522.00$414,567.00$408,062.00
Other types of revenue
Miscellaneous revenue (total)$2,107.00$2,156.00$18,598.00$13,599.00$12,690.00
Income from dividends, interest, and similar investments$137.00$119.00$248.00$5,686.00$3,965.00
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$760,806.00$845,465.00$754,363.00$1,037,672.00$779,276.00
Total functional expenses: program service $668,949.00$746,614.00$669,576.00$933,470.00$699,718.00
Total functional expenses: management and general$91,857.00$98,851.00$84,787.00$104,202.00$79,558.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Legal fees (total)$7,566.00$10,364.00$12,166.00$12,331.00$7,238.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)$61,481.00$60,449.00$53,061.00$53,854.00$51,240.00
Assets and liabilities
Total assets$2,246,266.00$2,162,353.00$2,203,803.00$2,408,035.00$2,462,233.00
Total assets, beginning of year$2,162,353.00$2,203,803.00$2,408,035.00$2,462,233.00$2,495,472.00
Total liabilities$2,702,370.00$2,742,120.00$2,801,465.00$2,828,596.00$2,622,926.00
Total liabilities, beginning of year$2,742,120.00$2,801,465.00$2,828,596.00$2,622,926.00$2,639,620.00
Unrestricted net assets, end of yr-$456,104.00-$579,767.00-$597,662.00-$420,561.00-$160,693.00
Net assets-$456,104.00-$579,767.00-$597,662.00-$420,561.00-$160,693.00
Net assets, beginning of year-$579,767.00-$597,662.00-$420,561.00-$160,693.00-$144,148.00
Other liabilities$33,706.00$35,525.00$45,987.00$38,137.00$55,012.00
Intangible assets$98,058.00$101,171.00$104,283.00$107,396.00$95,330.00
Other assets$65,402.00$59,498.00$47,747.00$174,698.00$83,284.00
Cash: non-interest bearing$138,066.00$822.00$12,192.00$31,714.00$49,165.00
Cash: non-interest bearing, beginning of year$822.00$12,192.00$31,714.00$49,165.00$46,656.00
Investments -- program-related$593,005.00$554,144.00$512,473.00$619,307.00$627,433.00
Other financial variables
Revenue less expenses$123,663.00$17,895.00$21,489.00-$268,842.00-$22,097.00
Advertising (total)$3,382.00$1,084.00$922.00$860.00$837.00
Accounts receivable, net$1,354.00-$242.00-$105.00$192.00$2,487.00
Accounts payable & accrued expenses$8,636.00$1,993.00$5,380.00$1,371.00$1,910.00
Deferred revenue$1,605.00$1,464.00$598.00$1,026.00$1,159.00
Secured mortgages and notes payable$2,658,423.00$2,703,138.00$2,749,500.00$2,788,062.00$2,564,845.00
Total net assets or fund balances-$456,104.00-$579,767.00-$597,662.00-$420,561.00-$160,693.00
Depreciation, depletion, amortization$146,474.00$143,028.00$139,869.00$222,190.00$139,455.00
Governance and accountability
Number of voting members33333
Number of independent voting members33333
Financial sheets auditedTrueTrueTrueTrueTrue
Audit on consolidated basis   TrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-11-072016-10-212015-09-292014-10-152013-12-24
IRS schema version2016v3.02015v2.12014v5.02013v3.02012v2.1
Filing identifier201712379349300131201631899349300638201522449349300512201412629349300721201343169349302659
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