2024-05-14T15:21:41-05:00 2023-06-30 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2022-07-01 350935587 BETHEL UNIVERSITY INC % DR BARBARA BELLEFEUILLE BETH 5748077000 1001 BETHEL CIRCLE MISHAWAKA IN 46545 DR BARBARA BELLEFEUILLE VP ADMIN/FINANCE CFO 5748077700 2023-05-15 true PAMELA CAMPBELL 999009999 Anne E White P01708202 2604604000 2 2022 2023-04-26 12:10:37Z DR BARBARA BELLEFEUILLE 1001 BETHEL CIRCLE MISHAWAKA IN 46545 45310275 false X BETHELUNIVERSITY.EDU X 1947 IN BETHEL UNIVERSITY PROVIDES LIBERATING ACADEMIC AND CO-CURRICULAR PROGRAMS TO CHALLENGE THE MIND, ENLARGE THE VISION AND EQUIP THE WHOLE PERSON FOR LIFE-LONG SERVICE. 21 18 904 100 145296 0 7052180 6463194 38577636 37516299 617065 334149 181227 141424 46428108 44455066 16116678 15792733 0 0 14973905 15453731 0 0 1068309 14959293 12952222 46049876 44198686 378232 256380 46181049 48188984 17041776 17881782 29139273 30307202 X CHALLENGING ACADEMIC COURSES, STUDY ABROAD PROGRAMS, INTERNSHIPS, SHORT-TERM MISSION EXPERIENCES, AND LOCAL SERVICE OPPORTUNITIES ARE A FEW OF THE WAYS BETHEL UNIVERSITY PREPARES ITS STUDENTS FOR THEIR CALLING AND CAREER AND TO BE AMBASSADORS FOR CHRIST IN THE WORLD. FOUNDED IN 1947, BETHEL IS AN ACCREDITED EVANGELICAL CHRISTIAN UNIVERSITY OF THE ARTS AND SCIENCES OFFERING MORE THAN 50 AREAS OF STUDY. SOME OF THE ACHIEVEMENTS OF STUDENTS GRADUATING FROM BETHEL'S PROGRAMS INCLUDE DOUBLE THE NATIONAL AVERAGE MEDICAL SCHOOL ACCEPTANCE RATE, 100% JOB PLACEMENT RATE IN NURSING, AND 99% JOB PLACEMENT RATE IN MUSIC EDUCATION. false false 39239206 15792733 37533667 BETHEL UNIVERSITY PROVIDED EDUCATIONAL SERVICES TO APPROXIMATELY 1,400 STUDENTS DURING THE 2022/2023 ACADEMIC YEAR. THIS INCLUDES OVER FIFTY (50) ACADEMIC PROGRAMS, AWARDING BOTH GRADUATE AND UNDERGRADUATE DEGREES. 39239206 true true false false false false false false false true true false false true true false true false true true true false false false true false false false true true false false false false true false true false true false false false false true false false false true 1834 0 904 true true true false false false false true true false false false false false false X 21 18 true false false false false false false true true false false true true true true true false true true false IN X DR BARBARA BELLEFEUILLE 5748077000 1001 BETHEL CIRCLE MISHAWAKA IN 46545 BARBARA BELLEFEUILLE PRESIDENT 40.0 0.0 X 220497 0 4654 JERRY WHITE VICE PRESIDENT & CFO 40.0 0.0 X 134566 0 11140 BRENT LAVIGNE VP INSTITUTIONAL ADVANCEMENT 40.0 0.0 X 119019 0 5252 BRADLEY SMITH LEFT 0623 VP ACADEMIC SERVICES 40.0 0.0 X 107515 0 772 SHAWN HOLTGREN VP STUDENT DEVELOPMENT 40.0 0.0 X 78262 0 22020 AMANDA SLAUGHTER VP ENROLLMENT MANAGEMENT 40.0 0.0 X 85585 0 0 ARNOLD SALLIE TRUSTEE 1.0 0.0 X 0 0 0 BRIAN HABEGGER TRUSTEE/VICE-CHAIR 1.0 0.0 X X 0 0 0 BRUCE KORENSTRA TRUSTEE/SECRETARY 1.0 0.0 X X 0 0 0 CHARLES HABEGGER TRUSTEE EMERITUS 1.0 0.0 X 0 0 0 DAVID ENGBRECHT TRUSTEE 1.0 0.0 X 0 0 0 ERIC KINSMAN TRUSTEE/CHAIR 1.0 0.0 X X 0 0 0 GREG HARTMAN TRUSTEE/TREASURER 1.0 0.0 X X 0 0 0 HEATHER GILBERT TRUSTEE 1.0 0.0 X 0 0 0 JIMMY SANTIAGO TRUSTEE 1.0 0.0 X 0 0 0 JOAN MCCLENDON TRUSTEE 1.0 0.0 X 0 0 0 JOHN GARDNER TRUSTEE 1.0 0.0 X 0 0 0 JOSE MENDEZ TRUSTEE 1.0 0.0 X 0 0 0 JOSHUA GREGORY TRUSTEE 1.0 0.0 X 0 0 0 LYNN COLEMAN TRUSTEE 1.0 0.0 X 0 0 0 PABLO RODRIGUEZ TRUSTEE 1.0 0.0 X 0 0 0 PHILIP WAGLER TRUSTEE 1.0 0.0 X 0 0 0 RANDY LEHMAN TRUSTEE 1.0 0.0 X 0 0 0 RICHARD FELIX TRUSTEE EMERITUS 1.0 0.0 X 0 0 0 SAM DAVENPORT TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM HOSSLER TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM SMILEY TRUSTEE 1.0 0.0 X 0 0 0 745444 0 43838 4 false true false SODEXO 9801 WASHINGTONIAN BOULEVARD GAITHERSBURG MD 20878 FOOD SERVICE 2151319 DJ CONSTRUCTION CO INC 3414 ELKHART RD GOSHEN IN 46526 GENERAL CONTRACTOR 217458 JENZABAR 101 HUNTINGTON AVE STE 2200 BOSTON MA 02199 ERP SOFTWARE/SUPPORT 246134 CAYLOR SOLUTIONS 12566 TUMBLEWEED CT FISHERS IN 46037 EDU MARKETING 151090 MICAH HORNER 1821 CLOVER RD STE 2 MISHAWAKA IN 46545 ROOFING CONTRACTOR 204935 8 306688 8287 86458 6061761 309792 6463194 TUITION AND FEES 611710 30166627 30166627 RESIDENCE HALLS 611710 5979544 5979544 OTHER PROGRAM REVENUE 611710 1370128 1370128 37516299 314858 314858 0 0 0 0 0 757174 737883 19291 19291 19291 0 306688 21240 -21240 -21240 0 0 0 113454 96086 17368 17368 CONFERENCE SERVICES 611710 145296 145296 145296 44455066 37533667 145296 312909 0 15792733 15792733 0 0 770907 388355 258281 124271 223625 142824 32973 47828 11474495 9507355 1677140 290000 0 2144709 1728251 338232 78226 839995 678812 130907 30276 0 27954 27954 60900 60900 0 0 46826 46826 3656676 3490454 131530 34692 524774 376578 55908 92288 1056822 886623 119589 50610 820271 481303 315176 23792 0 1261076 1078386 146728 35962 1337709 1256335 52377 28997 0 108146 97625 8341 2180 701473 569423 105767 26283 0 2121876 1722440 319933 79503 259620 210747 39145 9728 MISCELLANEOUS 968099 830962 23464 113673 44198686 39239206 3891171 1068309 5380 4930 3880656 4516997 588750 2432506 1217619 1002396 0 0 0 0 0 0 170009 175770 503528 570158 71227583 44574569 27841326 26653014 9107661 9531057 0 0 0 0 0 0 2866120 3302156 46181049 48188984 1788003 1943050 0 0 1213581 1177933 0 0 0 0 0 0 12732332 13566273 667097 624702 640763 569824 17041776 17881782 X 13573140 11157867 15566133 19149335 29139273 30307202 46181049 48188984 X 256380 500938 410611 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10183490 369283 746963 357290 61600 45553 10835293 11385723 390392 -1142628 342200 57900 49897 10183490 9642343 161008 2011895 330200 56700 42623 11385723 9867949 82542 258408 454599 70248 41709 9642343 10407469 135394 414563 348051 697473 43953 9867949 0.78000 0.22000 false false 3203732 3203732 60070812 38246231 21824581 7544929 6328338 1216591 408110 408110 26653014 BENEFICIAL INTEREST IN TRUSTS 2707537 INTEREST RATE SWAP ASSET 594619 3302156 0 ANNUITIES PAYABLE 445549 FUNDS HELD FOR OTHERS AND OTHER LIABILITIES 124275 569824 29680735 500938 517464 1018402 28662333 15792733 15792733 44455066 28512806 106853 106853 28405953 15792733 15792733 44198686 SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS THE INTENDED USES OF THE UNIVERSITY'S ENDOWMENT. FUNDS ARE FOR THE FUNDING OF STUDENT SCHOLARSHIPS, THE FUNDING OF THE LIBRARY, MUSEUM, ARCHIVES AND PHILOSOPHY DEPARTMENT, FACULTY ENRICHMENT AND GENERAL OPERATIONS. SCHEDULE D, PART XI, LINE 2D COST OF GOODS SOLD $ 85,613 GAIN ON INTEREST RATE SWAP $ 335,227 FUNDRAISING EXPENSE $ 21,240 GAIN ON BENEFICIAL INTEREST IN TRUSTS $ 75,384 TOTAL $ 517,464 PART XI, LINE 4B SCHOLARSHIPS $15,792,733 PART XII, LINE 2D COST OF GOODS SOLD $ 85,613 FUNDRAISING EXPENSE $ 21,240 TOTAL $ 106,853 PART XII, LINE 4B SCHOLARSHIPS $15,792,733 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS 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. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THIS POLICY IS DESCRIBED IN THE UNIVERSITY CATALOG WITHIN THE CONTEXT OF ITS RELIGIOUS PRINCIPLES, HERITAGE, AND MISSION. BETHEL UNIVERSITY ADMITS STUDENTS OF ANY RACE, NATIONAL OR ETHNIC ORIGIN, AGE OR GENDER, TO ITS PROGRAMS AND ACTIVITIES. IT DOES NOT DISCRIMINATE IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC PROGRAMS, OR OTHER UNIVERSITY ADMINISTERED PROGRAMS. THE UNIVERSITY MAKES EVERY REASONABLE ATTEMPT TO ACCOMODATE STUDENTS WITH LIMITING PHYSICAL IMPAIRMENTS. HOWEVER, EACH DIVISION RESERVES THE RIGHT TO EXAMINE APPLICANTS FOR SUITABILITY FOR PARTICIPATION IN THE EDUCATIONAL LEVELS OF THE DIVISION. SCHEDULE E, PART I, LINE 6A THE UNIVERSITY RECEIVES FINANCIAL ASSISTANCE FROM THE DEPARTMENT OF EDUCATION IN THE FORM OF TITLE IV FUNDS, PELL GRANTS, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, FEDERAL WORK STUDY, PERKINS LOANS FUNDS, FEDERAL FAMILY EDUCATION LOANS, ETC. THE UNIVERSITY ALSO RECEIVES FINANCIAL AID FROM THE STATE STUDENT ASSISTANCE COMMISSION OF INDIANA IN GRANTS. THESE GRANTS INCLUDE HIGHER EDUCATION AWARDS, FREEDOM OF CHOICE AWARDS AND 21ST CENTURY AWARDS. AID HAS NOT BEEN SUSPENDED OR REVOKED. true Middle East and North Africa 1 2 Program Services EDUCATION SERVICES 7057 East Asia and the Pacific 2 3 Program Services EDUCATION SERVICES 12682 Europe (Including Iceland and Greenland) 1 3 Program Services EDUCATION SERVICES 47462 4 8 4 8 67201 67201 false false false false false false SCHEDULE F, PART I, LINE 2 THE UNIVERSITY TRACKS ALL FOREIGN STUDY EXPENDITURES USING THE ACCRUAL BASIS OF ACCOUNTING. EAB GLOBAL GIVING CAMPAIGN false GALA 306688 306688 4776 3623 8274 4567 0 306688 306688 4776 3623 8274 4567 21240 -21240 true FINANCIAL AID 1050 15792733 SCHEDULE I, PART I, LINE 2 SCHOLARSHIP RECIPIENTS ARE SELECTED BASED ON ESTABLISHED MERIT AND NEED BASED CRITERIA. THE FINANCIAL AID DIRECTOR AND ACADEMIC DEPARTMENT HEADS WORK TOGETHER TO SELECT RECIPIENTS OF IN-HOUSE SCHOLARSHIPS. QUALIFICATIONS FOR SCHOLARSHIPS VARY. ALL SCHOLARSHIPS ARE MONITORED BY THE FINANCIAL AID DEPARTMENT AND ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. X X X false false false false false false false false false BARBARA BELLEFEUILLE PRESIDENT 210306 191 10000 0 4654 225151 NA N/A 52620 TUITION REMISSION EDUCATIONAL EMILY SHERWOOD BROTHER-IN-LAW-GREGORY 47828 COMPENSATION false JACOB BRUBAKER SON-IN-LAW-HARTMAN 32973 COMPENSATION false CAMI BRUBAKER DAUGHTER-HARTMAN 32316 COMPENSATION false JAMES BENNETT BROTHER-IN-LAW-KINSMAN 85103 COMPENSATION false PAMELA KINSMAN SISTER-IN-LAW-KINSMAN 25405 COMPENSATION false X 6706 FAIR MARKET VALUE X 6 303086 FAIR MARKET VALUE false true false PART 1, COLUMN B COLUMN B REFERS TO THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, LINE 1A THE BOARD DELEGATES BROAD AUTHORITY TO AN EXECUTIVE COMMITTEE COMPOSED OF BOARD OFFICERS (CHAIR, VICE CHAIR, TREASURER, SECRETARY) AND BOARD COMMITTEE CHAIRS (ACADEMIC SERVICES, DEVELOPMENT AND UNIVERSITY RELATIONS, FINANCIAL SERVICES, STUDENT DEVELOPMENT) AS WELL AS THE BETHEL PRESIDENT AND DENOMINATION PRESIDENT. ALL EXECUTIVE COMMITTEE MEMBERS ARE MEMBERS OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL EXERCISE ALL POWERS OF THE BOARD AT SUCH TIMES THE BOARD IS NOT IN SESSION, EXCEPT THAT IT SHALL NOT HAVE THE POWER TO ALTER OR REVOKE ANY PREVIOUS ORDER, RESOLUTION, OR VOTE OF A MEETING OF THE BOARD UNLESS SPECIFICALLY GRANTED SUCH POWER BY THE BOARD. FORM 990, PART VI, LINE 1B GREG HARTMAN, JOSHUA GREGORY, AND ERIC KINSMAN ARE CONSIDERED NON-INDEPENDENT DUE TO THE TRANSACTIONS LISTED ON SCHEDULE L. FORM 990, PART VI, SECTION A, LINE 2 BRIAN HABEGGER AND CHARLES HABEGGER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND RELATED SCHEDULES ARE APPROPRIATELY REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM AS WELL AS THE UNIVERSITY'S TOP MANAGEMENT. THE FORM 990 AND RELATED SCHEDULES ARE THEN FORWARDED TO THE FULL GOVERNING BODY PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BETHEL UNIVERSITY REQUIRES THE FULL DISCLOSURE BY BOARD MEMBERS AND OFFICERS OF ANY POTENTIAL CONFLICTS OF INTEREST. A DISCLOSURE FORM IS SENT TO THE GOVERNING BODY AND OFFICERS TO BE SIGNED AND COMPLETED ANNUALLY. IN THE EVENT THAT A BOARD MEMBER OR OFFICER HAS A CONFLICT OF INTEREST, THAT INDIVIDUAL SHALL REFRAIN FROM PARTICIPATING IN CONSIDERATION OF THE PROPOSED TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A & 15B THE PRESIDENT REVIEWS AND APPROVES THE COMPENSATION FOR OTHER OFFICERS. COMPARABILITY DATA IS USED AND THE PROCESS IS DOCUMENTED IN EMPLOYEE FILES. THIS PROCESS IS COMPLETED ANNUALLY AND WAS LAST UNDERTAKEN DURING THE TAX YEAR ENDED 6/30/2023. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 UNREALIZED GAIN ON INTEREST RATE SWAP $ 335,227 GAIN ON BENEFICIAL INTEREST IN TRUSTS $ 75,384 TOTAL $ 410,611 INDEPENDENT COLLEGES OF INDIANA INC 30 SOUTH MERIDIAN STREET SUITE 800 INDIANAPOLIS IN 46204 310901001 EDUCATION IN 501(C)(3) 12A NA false CHARITABLE REMAINDER TRUSTS (1) CHAR. REM. TR IN NA false false true false false false false false false false false false false false false false false false false