Civic Intelligence

Bluestem Communities Management Inc.

990 • Fiscal year 2019 • EIN 46-1203388

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 15, 2020

3001 Ivy DriveNorth Newton, KS 67117

(316) 284-2900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

21st percentile

0.07x

Higher debt load relative to revenue than 21% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

36th percentile

0.0%

Higher net margin than 36% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

67th percentile

$235,359

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

99th percentile

355%

Faster asset growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

61st percentile

7.8%

Faster revenue growth than 61% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,215,887

Up $948,687 (+355%) from 2018

Net Assets

Up

-$406

Up $2,326 (+85%) from 2018

Liabilities

Up

$1,216,293

Up $946,361 (+351%) from 2018

Revenue

Up

$18,681,620

Up $1,348,494 (+7.8%) from 2018

Expenses

Up

$18,679,294

Up $1,348,513 (+7.8%) from 2018

Net Income

Down

$2,326

Down $19 (-0.8%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $305,331Liabilities 2013: $329,349Net Assets 2013: -$24,0182013Assets 2014: $459,191Liabilities 2014: $486,518Net Assets 2014: -$27,3272014Assets 2015: $469,510Liabilities 2015: $479,210Net Assets 2015: -$9,7002015Assets 2016: $485,084Liabilities 2016: $492,391Net Assets 2016: -$7,3072016Assets 2017: $393,047Liabilities 2017: $398,124Net Assets 2017: -$5,0772017Assets 2018: $267,200Liabilities 2018: $269,932Net Assets 2018: -$2,7322018Assets 2019: $1,215,887Liabilities 2019: $1,216,293Net Assets 2019: -$4062019Assets 2020: $448,298Liabilities 2020: $441,638Net Assets 2020: $6,6602020Assets 2021: $431,736Liabilities 2021: $430,878Net Assets 2021: $8582021Assets 2022: $490,432Liabilities 2022: $482,881Net Assets 2022: $7,5512022Assets 2023: $853,975Liabilities 2023: $511,217Net Assets 2023: $342,7582023Assets 2024: $1,038,119Liabilities 2024: $505,591Net Assets 2024: $532,5282024

Highlighted filing

2019

Assets$1,215,887
Liabilities$1,216,293
Net Assets-$406

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $1,225Expenses 2013: $25,243Net Income 2013: -$24,0182013Revenue 2014: $1,585Expenses 2014: $4,894Net Income 2014: -$3,3092014Revenue 2015: $13,391,020Expenses 2015: $13,373,393Net Income 2015: $17,6272015Revenue 2016: $14,985,798Expenses 2016: $14,983,405Net Income 2016: $2,3932016Revenue 2017: $16,246,254Expenses 2017: $16,244,024Net Income 2017: $2,2302017Revenue 2018: $17,333,126Expenses 2018: $17,330,781Net Income 2018: $2,3452018Revenue 2019: $18,681,620Expenses 2019: $18,679,294Net Income 2019: $2,3262019Revenue 2020: $20,178,727Expenses 2020: $20,171,661Net Income 2020: $7,0662020Revenue 2021: $21,330,173Expenses 2021: $21,335,975Net Income 2021: -$5,8022021Revenue 2022: $22,997,227Expenses 2022: $22,990,534Net Income 2022: $6,6932022Revenue 2023: $26,053,719Expenses 2023: $25,714,115Net Income 2023: $339,6042023Revenue 2024: $28,058,600Expenses 2024: $27,868,830Net Income 2024: $189,7702024

Highlighted filing

2019

Revenue$18,681,620
Expenses$18,679,294
Net Income$2,326
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 15, 2020
Return Version
2019v5.1
Gross Receipts
$18,681,620
Mission and Program Overview

Mission

Bluestem communities is a family of progressive retirement communities dedicated to improving quality of life and providing residential choices, community services, and personalized care with christian compassion.

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$267,200$1,215,887▲ $948,687
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$267,200$1,215,887▲ $948,687
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$224,064$1,134,265▲ $910,201
Accounts Payable and Accrued Expenses$45,868$82,028▲ $36,160
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$269,932$1,216,293▲ $946,361
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-2,732$-406▲ $2,326
Total Net Assets Fund Balance$-2,732$-406▲ $2,326
Total Liabilities and Net Assets / Fund Balance$267,200$1,215,887▲ $948,687
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Jon CasimirMedical Director$204,939$30,420$235,359
James KrehbielPresident/CEO$185,296$21,083$206,379
Justin LoewenExecutive Director$110,369$26,356$136,725
Jerol SchragCFO$104,901$24,000$128,901
Treva GreaserExecutive Director$109,753$17,698$127,451
Ryan GoeringCOO$87,897$22,169$110,066

Board Members and Trustees

NameTitle
Barth HagueDirector/chairperson
Arlan YoderDirector/vice Chairperson
Bob NattierDirector
Joe BrennemanDirector
Joe RobbDirector
Marcy ThiesenDirector
Melvin VothDirector
Ron FlamingDirector
Ron PetersDirector
Verda DeckertDirector
Sondra LeathermanDirector/secretary
Lualan WillemsDirector/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$18,679,296
Investment Income
$11
Other Revenue
$2,313
Change in Net Assets
$2,326
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$18,679,294
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,844,710$1,538,301-$15,383,011
Other Employee Benefits$1,439,228$159,914-$1,599,142
Payroll Taxes$1,025,654$113,961-$1,139,615
Current Officers, Directors, Trustees, and Key Employees$400,811$44,535-$445,346
Pension Plan Contributions$100,962$11,218-$112,180
Total Functional Expenses$16,811,365$1,867,929$0$18,679,294
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Receivable$1,134,265
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Bluestem communities, inc., as the sole member of bluestem communities management, inc., has the power to elect or appoint the members of the governing body.

Form 990, Part VI, Section A, Line 7B

Bluestem communities, inc., as the sole member of bluestem communities management, inc., has the power to make governance decisions of the organization.

Form 990, Part VI, Section B, Line 11B

An independent accounting firm prepares and reviews the form 990. The form 990 is then reviewed by the finance committee of the board. The finance committee and the cfo review the form 990 with the full board. The cfo is available to answer any questions or provide clarification. The final form 990, with all required schedules, is provided to all voting members of the board prior to filing the 990.

Form 990, Part VI, Section B, Line 12C

The board of directors, officers, and committee members annually review and sign the organization's conflict of interest policy. Actual or potential conflicts of interest must be disclosed to the board. After disclosure and discussion of the conflict, the interested person must leave the meeting while the remaining board members discuss and vote on whether a conflict exists. If a conflict does exist, the board will determine whether they can obtain a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If that is not reasonably possible, the disinterested members will vote to determine whether the transaction or arrangement is fair and reasonable, in the organization's best interest, and to the organization's benefit.

Form 990, Part VI, Section B, Line 15A

The subcommittee of the board of bluestem communities, inc., the controlling organization, annually reviews the ceo's compensation, using the leadingage kansas wage and salary survey report and then presents their recommendation to the full board. This review was last performed in 2019 and was documented in the board minutes.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and audited financial statements are not typically available to the public.

Filing and Contact Details

Filer

Filer Name
Bluestem Communities Management Inc
EIN
46-1203388
In Care Of
% JEROL SCHRAG
Phone
3162842900
Address
3001 IVY DRIVE, NORTH NEWTON, KS 67117

Signing Officer

Name
James Krehbiel
Title
President and CEO
Phone
3162842900
Signed
2020-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Krehbiel
Formed
2012
Legal Domicile
Ks
Voting Board Members
12
Independent Board Members
12
Employees
737
Volunteers
12

Preparer

Firm
Bkd Llp
Address
1551 N WATERFRONT PKWY STE 300, WICHITA, KS 67206-6601
Preparer
Shawnell Linot
Phone
3162652811
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Bluestem communities' mission is to have a positive impact on quality of life by promoting lifelong wellness, purpose, choice, genuine connection, and personalized care with christian compassion. Form 990, part vi, section a, line 6 bluestem communities, inc., a not-for-profit 501(c)(3) organization, is the sole member of bluestem communities management, inc.

Financial Statement Notes

Schedule D, Part X, Line 2

Management has evaluated their income tax position under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.51$0.53$28.1$27.9$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.85$0.51$0.34$26.1$25.7$0.34
2022Detailed filing. Detailed filing data is available for this year.$0.49$0.48$0.01$23.0$23.0$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.43$0.43$0.00$21.3$21.3$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.45$0.44$0.01$20.2$20.2$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.22$1.22$0.00$18.7$18.7$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.27$0.00$17.3$17.3$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.40$0.01$16.2$16.2$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.49$0.01$15.0$15.0$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.48$0.01$13.4$13.4$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.49$0.03$0.00$0.00$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.31$0.33$0.02$0.00$0.03$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $10M-$25M nonprofits