2013-05-10T15:02:57-05:00 2012-06-30 363990892 Capin Crouse LLP 972 Emerson Parkway Ste A Greenwood IN 46143 990 2011-07-01 350935587 Bethel College Inc BETH 5742573321 1001 Bethel Circle Mishawaka IN 46545 Clair Knapp 5742573321 2013-05-10 1 David C Moja P00747006 3178852620 2011 2016-02-25 16:41:14Z Dr Steven Cramer 1001 Bethel Circle Mishawaka IN 46545 47998118 0 X www.bethelcollege.edu X 1947 IN Build lives of commitment for leadership in the church, the nation, and the world. 19 18 1245 100 185352 0 2613752 2408570 39652972 40284613 221104 39683 140316 452076 42628144 43184942 8507310 9264263 0 0 18650761 19051618 2705 18000 791581 12621361 12621921 39782137 40955802 2846007 2229140 47678493 49083349 28734038 28199210 18944455 20884139 X Bethel College, affiliated with the Missionary Church, is a Christian Community of scholars and learners dedicated to building lives of commitment for leadership in the church, the nation and the world. Bethel provides liberating academic programs to challenge the mind, to enlarge the vision and to equip the whole person for lifelong service. 0 0 33222849 9264263 40563005 Bethel College provided educational services to approximately 2,100 students during the 2011-2012 academic year. This includes over fifty (50) academic programs awarding both graduate and undergraduate degrees. 33222849 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 1 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 3003 0 1 1245 1 1 1 0 0 0 0 1 1 0 0 0 0 X 19 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 IN X Howard Patterson 5742573321 1001 Bethel Circle Mishawaka IN 46545 Richard Riddle 1.00 X X 0 0 0 Brian Hamil 1.00 X X 0 0 0 Sam Davenport 1.00 X X 0 0 0 Judith Miles 1.00 X X 0 0 0 Aaron Carpenter 1.00 X 0 0 0 Glen Cook 1.00 X 0 0 0 David Engbrecht 1.00 X 0 0 0 John Gardner 1.00 X 0 0 0 William Gates 1.00 X 0 0 0 Charles Habegger 1.00 X 0 0 0 Greg Hartman 1.00 X 0 0 0 Michaele Hobson 1.00 X 0 0 0 William Hossler 1.00 X 0 0 0 Daniel Kletzing 1.00 X 0 0 0 Martin Muoto 1.00 X 0 0 0 Thomas Muselman 1.00 X 0 0 0 Glen Musselman 1.00 X 0 0 0 Joel DeSelm 1.00 X 0 0 0 Richard Felix 1.00 X 0 0 0 Dr Steven Cramer 40.00 X 198970 0 28312 Clair Knapp 40.00 X 125041 0 18128 Dr Dennis Engbrecht 40.00 X 119206 0 20327 Jason Edwards 40.00 X 113820 0 17098 557037 0 83865 4 0 1 0 Sodexho Inc & Affiliates 4880 Paysphere Circle Chicago IL 60674 Food Service 2145524 Gibson Lewis LLC PO Box 488 Mishawaka IN 46544 Construction 500083 Jenzabar PO Box 845939 Boston MA 02284 IT Services 328021 Grace College & Seminary 200 Seminary Drive Winona Lake IN 46590 Education services 224304 Cardinal Buses PO Box 59 Middlebury IN 46540 Transportation 210804 10 17387 239417 2151766 7347 2408570 Tuition & Fees 611600 33666269 33666269 Auxiliary Revenue 611710 6408350 6408350 Other program revenue 611710 209994 209994 40284613 116084 116084 4034503 2150 4052939 60115 -18436 -57965 -76401 -76401 3001 17387 14669 -11668 -11668 927266 685453 241813 278392 -36579 Conference services 900099 222596 222596 Partnership income 900099 -665 -665 221931 43184942 40563005 185352 28015 10000 10000 9254263 9254263 355450 28387 249062 78001 100088 100088 13876207 11213015 2513079 150113 216905 194634 16270 6001 3458565 3006460 330153 121952 1044403 887743 114884 41776 57022 57022 58487 58487 18000 18000 36619 36619 3159416 2800728 276140 82548 523624 431814 36874 54936 473148 302815 132481 37852 1866594 1471990 388701 5903 26204 26204 989322 840924 108825 39573 557300 474776 61498 21026 322755 214805 80347 27603 795084 795084 2246755 1474599 706017 66139 115880 115880 Meals Expense 399521 335483 26557 37481 Bond Service Expenses 336074 336074 Equipment purchases 288021 132895 153578 1548 370095 121314 247652 1129 40955802 33222849 6941372 791581 32789 1250592 3568397 2187015 359672 732410 788847 767145 351873 285840 757121 814875 61802050 26616314 35691795 35185736 3728184 5710975 1845247 1594193 554568 554568 47678493 49083349 3155269 2678528 2869546 3148980 14397000 13451000 2695408 3615151 4263463 4043633 1353352 1261918 28734038 28199210 X 8273265 9412940 1915652 2664211 8755538 8806988 18944455 20884139 47678493 49083349 X 2229140 -289456 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7723311 110262 -8857 235820 7588896 7600372 315481 479532 272074 400000 7723311 4961226 2409178 247602 17634 7600372 5920163 316844 -1178624 97157 4961226 1.00000 1 0 3203732 3203732 49895559 19562710 30332849 8582174 6757904 1824270 120585 295700 -175115 35185736 Annuities Payable 911844 Funds Held For Others 301416 Unamortized Premiums 48658 1261918 43184942 40955802 2229140 -289456 -289456 1939684 34630801 700122 700122 33930679 9254263 9254263 43184942 32401661 700122 700122 31701539 9254263 9254263 40955802 Description of Intended Use of Endowment Funds: Part V, Line 4: The intended use of the organization's endowment funds are as follows: 1) Funding of student scholarships, 2) Funding of student loans & 3) Faculty enrichment Part XII, Line 2d - Other Adjustments: Special Event Direct Expenses, on 990 part VIII line 8b 14,669. Cost of Good Sold on 990 part VIII line 10b 685,453. Part XII, Line 4b - Other Adjustments: Scholarships & Tuition Discounts grouped with audit revenue 9,254,263. Part XIII, Line 2d - Other Adjustments: Special Event Direct Expenses, on 990 part VIII line 8b 14,669. Cost of Good Sold on 990 part VIII line 10b 685,453. Part XIII, Line 4b - Other Adjustments: Scholarships & Tuition Discounts grouped with audit revenue 9,254,263. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication Schedule E, Part I, Line 3 This policy is described in the college catalog within the context of its religious principles, heritage, and mission. Bethel College 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 college administered programs. The college 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 activities of the division. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 The college 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 college 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. Central America and the Caribbean - 1 4 Program services Education programs 107417 East Asia and the Pacific - 2 5 Program services Education programs 102426 3 9 0 0 3 9 209843 0 209843 0 0 0 0 0 0 Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: The organization tracks all foreign study expeditures using the accrual basis of accounting. 1 Braren Mulder German Associates PO Box 309 Bettendorf IA 527220006 Professional Consulting Services 0 0 18000 -18000 18000 -18000 IN Golf Outing 20388 17387 3001 5160 2533 6976 20388 17387 3001 5160 2533 6976 14669 -11668 Professional Fundraiser Schedule G, Part I, Line 2b(i) The payments made to Braren, Mulder, German Associates for professional fundraising services were for consulting services only. Braren, Mulder, German Associates was not contracted to solicit funds on behalf of the organization. 1 AuSable Institute 3770 Lake Drive SE Grand Rapids MI 49546 381713340 501 (c) 3 10000 Academic Environmental Science Camp 1 Academic Scholarships 1149 9254263 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: 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 in-house scholarships. Qualifications for scholoarships vary. All scholarships are monitored by the financial aid department and are applied directly to student accounts. Grants to organizations are only granted to 501(c)3 organizations and are monitored by an operating partnership. X X X 0 0 0 0 0 0 0 0 0 Dr Steven Cramer 185765 0 7796 0 5409 0 18468 0 9844 0 227282 0 0 0 Indiana Educational Facilities Authority 521698917 455048U55 2004-02-12 6375000 Refinance existing debt 0 0 0 Indiana Finance Authority 351602316 455057LG2 2007-12-13 6059460 Building Construction 0 0 0 1820000 6375000 127500 171710 6075000 2004 0 0 1 1 575000 6059460 109132 36490 5913838 2007 0 0 1 1 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 1 X 5419 Tuition Reimbursement Terri Cramer President's wife 41119 W-2 wages 0 Judy Holtgren Officer's mother 35505 W-2 wages 0 Sandi Carpenter Trustee's wife 40290 W-2 wages 0 Form 990, Part VI, Section A, line 1 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 & College 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, Section A, line 2 Dennis Engbrecht, officer, and David Engbrecht, trustee, are brothers. Form 990, Part VI, Section B, line 11 Form 990 was prepared by an independent accountant and reviewed by the organization's top management. The reviewed Form 990 was then forwarded to the governing body for review prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest policy is signed annually by the Trustee Board and Officers. The CFO reviews the signed policies. The policy is monitored and enforced throughout the year during board meetings, regular contact, and annual disclosure to the governing body. Form 990, Part VI, Section B, line 15a The Trustee Board reviews and approves the President's compensation. The Trustee Board uses comparability data from the Independent Colleges of Indiana and Council of Christian Colleges and Universities in the review process. This process is documented in the Board Minutes. This process is completed annually and was last undertaken during the tax year ended 6/30/12. 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 6/30/12. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy and financial statements are available upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -289,456. EXPLANATION OF RESPONSIBILITY FORM 990, PAGE 11, PART XI, LINE 2C The College has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year.