TY 2022 Form 990 Schedule O

efile Public Visual Render ObjectId: 202322439349300232 - Submission: 2023-08-31 TIN: 38-1405282

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2022

Open to Public
Inspection

Name of the organization

BETHANY CHRISTIAN SERVICES

Employer identification number

38-1405282

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 WAS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD ON JULY 31, 2023 AND WILL BE REVIEWED DURING THE AUGUST 15, 2023 COMMITTEE MEETING. THE FINANCE COMMITTEE IS COMPRISED OF THE NATIONAL BOARD CHAIR, NATIONAL BOARD TREASURER, TWO OTHER NATIONAL BOARD MEMBERS AS WELL AS THE CEO AND CFO OF THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION HAS A STANDARD WRITTEN CONFLICT OF INTEREST POLICY THAT EACH BOARD MEMBER AND OFFICER IS REQUIRED TO ABIDE BY. EACH PERSON MUST CERTIFY IN WRITING HIS OR HER ACCEPTANCE OF THE POLICY. DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY ANY FINANCIAL INTERESTS THAT MAY GIVE RISE TO A CONFLICT OF INTEREST. DIRECTORS MAY DELIVER WRITTEN NOTICE TO ALL DIRECTORS OR MAY GIVE ORAL NOTICE AT A MEETING OF THE BOARD OF DIRECTORS. A DIRECTOR HAVING A PERSONAL FINANCIAL INTEREST MAY NOT PARTICIPATE IN THE APPROVAL OF SUCH PROPOSED TRANSACTION UNLESS HIS OR HER JUDGEMENT IS NECESSARY TO THE DISINTERESTED DIRECTORS CONSIDERATION OF THE TRANSACTION.
FORM 990, PART VI, SECTION B, LINE 15A	A FORMAL REVIEW OF THE CEO'S 2022 PERFORMANCE WAS COMPLETED BY THE NATIONAL BOARD OF THE ORGANIZATION IN APRIL 2023 AND DOCUMENTED BY A SIGNED COPY OF THE EVALAUATION AND APPROVAL FROM THE NATIONAL BOARD IN SETTING THE CEO'S SALARY. THE SALARY OF BETHANY'S CEO WAS COMPARED AGAINST A POOL OF 19 OTHER SIMILAR ORGANIZATIONS FROM AROUND THE COUNTRY AND IS WITHIN 1% OF THE GRAND RAPIDS MARKET MIDPOINT. ADDITIONALLY, THE INTERIM CEO'S COMPENSATION WAS AN ESTABLISHED HOURLY RATE COMPARABLE TO THE PREVIOUS CEO'S COMPENSATION DESCRIBED ABOVE.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST OF THE ORGANIZATION.
FORM 990, PART XI, LINE 9:	ADJUSTMENT TO PRESENT VALUE OF ANNUITY FUND 21,155.
PART XII, LINE 2C:	THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
FORM 990, SCHEDULE R, PART II	ALL RELATED TAX EXEMPT ORGANIZATIONS ARE MEMBERS OF GROUP EXEMPTION #5103 AND ARE NOT REPORTED ON SCHEDULE R PART II.

Return Reference

Explanation

FORM 990, PART VI, SECTION B, LINE 11B

THE 990 WAS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD ON JULY 31, 2023 AND WILL BE REVIEWED DURING THE AUGUST 15, 2023 COMMITTEE MEETING. THE FINANCE COMMITTEE IS COMPRISED OF THE NATIONAL BOARD CHAIR, NATIONAL BOARD TREASURER, TWO OTHER NATIONAL BOARD MEMBERS AS WELL AS THE CEO AND CFO OF THE ORGANIZATION.

FORM 990, PART VI, SECTION B, LINE 12C

THE ORGANIZATION HAS A STANDARD WRITTEN CONFLICT OF INTEREST POLICY THAT EACH BOARD MEMBER AND OFFICER IS REQUIRED TO ABIDE BY. EACH PERSON MUST CERTIFY IN WRITING HIS OR HER ACCEPTANCE OF THE POLICY. DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY ANY FINANCIAL INTERESTS THAT MAY GIVE RISE TO A CONFLICT OF INTEREST. DIRECTORS MAY DELIVER WRITTEN NOTICE TO ALL DIRECTORS OR MAY GIVE ORAL NOTICE AT A MEETING OF THE BOARD OF DIRECTORS. A DIRECTOR HAVING A PERSONAL FINANCIAL INTEREST MAY NOT PARTICIPATE IN THE APPROVAL OF SUCH PROPOSED TRANSACTION UNLESS HIS OR HER JUDGEMENT IS NECESSARY TO THE DISINTERESTED DIRECTORS CONSIDERATION OF THE TRANSACTION.

FORM 990, PART VI, SECTION B, LINE 15A

A FORMAL REVIEW OF THE CEO'S 2022 PERFORMANCE WAS COMPLETED BY THE NATIONAL BOARD OF THE ORGANIZATION IN APRIL 2023 AND DOCUMENTED BY A SIGNED COPY OF THE EVALAUATION AND APPROVAL FROM THE NATIONAL BOARD IN SETTING THE CEO'S SALARY. THE SALARY OF BETHANY'S CEO WAS COMPARED AGAINST A POOL OF 19 OTHER SIMILAR ORGANIZATIONS FROM AROUND THE COUNTRY AND IS WITHIN 1% OF THE GRAND RAPIDS MARKET MIDPOINT. ADDITIONALLY, THE INTERIM CEO'S COMPENSATION WAS AN ESTABLISHED HOURLY RATE COMPARABLE TO THE PREVIOUS CEO'S COMPENSATION DESCRIBED ABOVE.

FORM 990, PART VI, SECTION C, LINE 19

GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST OF THE ORGANIZATION.

FORM 990, PART XI, LINE 9:

ADJUSTMENT TO PRESENT VALUE OF ANNUITY FUND 21,155.

PART XII, LINE 2C:

THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

FORM 990, SCHEDULE R, PART II

ALL RELATED TAX EXEMPT ORGANIZATIONS ARE MEMBERS OF GROUP EXEMPTION #5103 AND ARE NOT REPORTED ON SCHEDULE R PART II.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2022

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