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Minnesota · Nonprofit

BETHESDA

BETHESDA (Minnesota) receives grants from 6 organizations whose IRS filings report $204,801 to it, the largest being Minnesota River Area Agency on Aging Inc ($117,046). 3 of them have funded it in more than one year.

Revenue FY2024
$43M
Funders on record
6
Grants received
$205k
Net assets
$48M
3/6 repeat funderspeak grant-dependency 0%
01What it does

What Bethesda does

Mission

Serving others together in faith, community, and life.

As stated on its FY2024 Form 990.

Programs

  1. Bethesda is located in willmar, minnesota. Bethesda operates exclusively to promote health, religious, and general social welfare of physically and mentally disadvantaged persons, primarily the elderly. Bethesda is a medicare certified agency. Services are provided through grand, park view village, home health, hospice, day break, and north point. Bethesda provides long-term skilled care in a 244 bed long-term skilled nursing home that provides a specialized memory loss care unit and a short-term rehabilitation unit. For the year ended september 30, 2025 Bethesda had 80,383 resident days and 90.25 occupancy.

    $31,359,668 spent$38,008,975 earned by the program
    83% of program spending
  2. Home health services provides in-home health care, while day break services provides daily health care support to individuals who need help , but remain in the community. Home health provides in-home skilled nursing, home health aides, homemaker services, physical therapy, speech therapy, and occupational therapy. The day break services includes health monitoring and education, community resource education and linkage, social and recreational activities, caregivers respite support, transportation and meals.

    $2,253,514 spent$2,403,614 earned by the program
    6% of program spending
  3. North point is an 80 unit independent, enhanced assisted living and enhanced memory care living facility in new london, mn. This facility meets the needs of the area's aging community through individualized living options, health and wellness services and modern amenities which include a salt water pool. For the year ended september 30, 2025 north pointe hand an average of 85 tenants and 94% occupancy.

    $3,470,466 spent$4,222,520 earned by the program
    9% of program spending
  4. Park view village is a 20 unit assisted living facility in olivia, mn. The 24 hour on -site staff offer personal assistance, medication monitoring, and meals. For the year ending september 30,2025, park view village had an average of 18 tenants a month and 85% occupancy

    $651,320 spent$898,556 earned by the program
    2% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $37,734,968.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($23M) Expenses 100 ($21M) Net assets 100 ($11M)2018 Revenue 121 ($27M) Expenses 105 ($22M) Net assets 140 ($15M)2019 Revenue 123 ($28M) Expenses 117 ($24M) Net assets 171 ($18M)2020 Revenue 130 ($29M) Expenses 126 ($27M) Net assets 198 ($21M)2021 Revenue 140 ($32M) Expenses 118 ($25M) Net assets 271 ($29M)2022 Revenue 137 ($31M) Expenses 137 ($29M) Net assets 314 ($33M)2023 Revenue 182 ($41M) Expenses 147 ($31M) Net assets 405 ($43M)2024 Revenue 190 ($43M) Expenses 180 ($38M) Net assets 454 ($48M)
'17'18'19'20'21'22'23'24
Revenue (190)Expenses (180)Net assets (454)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $55M to $73M (+32%).

$40M
$45M
$49M
$55M
$73M
$75M
$86M
$92M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 0% · 2021 16% · 2022 4% · 2023 13% · 2024 5%. Grants only. Government contracts and fees sit inside program revenue.

5% of BETHESDA’s revenue is contributions — about as donation-reliant as the typical peer (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$1.6M
’17
$5.3M
’18
$3.3M
’19
$2.8M
’20
$6.8M
’21
$2.3M
’22
$10M
’23
$5.0M
’24
3.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Michelle Haefner

CEO

Board chair

Roger Ahrenholz

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1713121516181819
Joined·+0+0+4+4+5+3+2
No longer listed·4113331
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income rose $25k → $68k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $4.9M from 2 payers (the payer shares this organization's board, largest Bethesda Foundation of Willmar). These are real filings, and they are not money BETHESDA raised.

From the IRS filings of BETHESDA’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BETHESDA leans on a few funders — its largest provides 57% of grant income and the top three 91%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BETHESDA.

57%
largest funder
91%
top three
~2
effective funders

Largest funder’s share by year: 2017 99% · 2020 63% · 2021 57% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of BETHESDA's grant income comes from Minnesota funders.

MN

In-state vs out-of-state, by year

’17
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BETHESDA runs a healthier operating margin than three-quarters of the 4,580 health nonprofits its size.

Operating margin12% · top quartile
Months of reserve3.3mo · above the median
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024

Government funding BETHESDA receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $529k on record.

Federal$529k
grants $529kcontracts $0
Top agencies
  • Department of Agriculture$529k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BETHESDA

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 3 related entities

  • Sunrise Village · exempt
  • Centennial Square · exempt
  • Bethesda Foundation of Willmar · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BETHESDA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BETHESDA?
BETHESDA (Minnesota) receives grants from 6 organizations whose IRS filings report $204,801 to it, the largest being Minnesota River Area Agency on Aging Inc ($117,046). 3 of them have funded it in more than one year.
How many funders does BETHESDA have?
IRS filings report 6 organizations giving $204,801 in grants to BETHESDA, 3 of which have funded it in more than one year.
Who is the largest funder of BETHESDA?
Minnesota River Area Agency on Aging Inc is the largest funder on record, with $117,046 in grants. The full list of funders is on this page.
How can an organization like BETHESDA find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing