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Bhi Senior Living

Indianapolis, IN · EIN 35-0931432 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Bhi Senior Living reported $87.2 million in revenue and $77.8 million in expenses for calendar year 2024. Of every $100 it spent, $93.06 went to program services, $6.94 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.9% of the total. The highest compensation it reported for one person was $577,306 (DIRECTOR & PRESIDENT/CEO). 12 people received more than $100,000 in reportable compensation. Revenue rose 59% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $78M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $87M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 3,614 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
93.1%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
6.9%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.2%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
89.9%70.8%
Highest reported compensation
Part VII-A, columns D–F
$577,306$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.74%1.18%
People paid over $100,000
Part VII, line 2
126
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.86.9
Independent voting board members
Part VI 1a–1b
13 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$72M expenses · 100.0% of program spending · revenue $78M

Bhi Senior Living, inc is a not-for-profit corporation, providing continuing care services to the elderly under the terms of continuing care agreements

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR & PRESIDENT/CEO
Director/trustee, officer, 2.00 hrs/week
$0$516,969$60,337$577,306
DIRECTOR & SVP/CFO
Director/trustee, officer, 2.00 hrs/week
$0$392,089$54,040$446,129
VICE PRESIDENT & COO
Key employee, 1.00 hrs/week
$0$281,240$38,885$320,125
VP OPERATIONS
Key employee, 1.00 hrs/week
$0$239,224$45,756$284,980
EXECUTIVE DIRECTOR
Highest compensated employee, 40.00 hrs/week
$210,859$0$39,315$250,174
MARKETING DIRECTOR
Highest compensated employee, 40.00 hrs/week
$154,720$0$31,280$186,000
EXECUTIVE DIRECTOR
Highest compensated employee, 40.00 hrs/week
$157,699$0$14,770$172,469
SALES DIRECTOR
Highest compensated employee, 40.00 hrs/week
$137,282$0$23,039$160,321

12 people received more than $100,000 in reportable compensation from Bhi Senior Living (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100M201920202021202220232024$87M$78M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$87M$78M93.1%$12M$577,306
2023 ⓘ$74M$72M93.7%$2.5M$452,740
2022 ⓘ$64M$67M92.3%−$6.9M$401,521
2021 ⓘ$58M$62M92.6%$5.7M$380,503
2020 ⓘ$53M$52M93.6%$36M$362,846
2019 ⓘ$55M$51M90.6%$32M$1,524,542

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5611
  • Volunteers Part I, line 620

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
BEDROCK BUILDERS INC CRP
Bldg construction
$25,800,411
MORRISON MANAGEMENT SPECIALISTS
Food service management
$11,543,292
SHAWNEE CONSTRUCTION & ENGINEERING INC
Bldg construction
$3,777,549
HTS IN XII INC
Therapy
$1,699,831
EMMONS & ASSOCIATES INC
Construction
$436,165

Individuals listed as contractors are left out. 30 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Bhi Senior Living totaling $4,962 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Bhi Senior Living's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Bhi Senior Living, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All human services charities · Largest charities in Indiana

Questions people ask

How much of Bhi Senior Living's spending goes to programs?

In calendar year 2024, Bhi Senior Living reported that 93.1% of its $77.8 million in expenses went to program services, 6.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Bhi Senior Living pay its top executive?

The largest total compensation Bhi Senior Living reported for one person in calendar year 2024 was $577,306, for the role of DIRECTOR & PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Bhi Senior Living get its money?

Of $87.2 million in revenue in calendar year 2024, 0.2% came from contributions and grants and 89.9% from program service revenue (Form 990, Part VIII).

Is Bhi Senior Living a registered charity?

The IRS lists EIN 35-0931432 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513149349301516 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202442969349301119 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202322939349300032 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203159349304430 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133139349300323 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033149349301883 · read the filing

All filings for EIN 35-0931432: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.