2012-03-21T09:53:25-05:00 2011-06-30 Capin Crouse LLP 972 Emerson Parkway Ste A Greenwood IN 46143 990 2010-07-01 350935587 Bethel College Inc BETH 5742593321 1001 Bethel Circle Mishawaka IN 46545 Clair Knapp 5742593321 2012-03-21 1 David C Moja 3178852620 2010 2016-02-24 21:20:13Z Dr Steven Cramer 1001 Bethel Circle Mishawaka IN 46545 43078247 0 X www.bethelcollege.edu X 1947 IN Build lives of commitment for leadership in the church, the nation, and the world. 21 21 1256 100 137321 0 4570652 2613752 36929334 39652972 62027 221104 225352 140316 41787365 42628144 9341811 8507310 0 0 17663702 18650761 1419 2705 871396 12654573 12621361 39661505 39782137 2125860 2846007 45532123 47678493 29950753 28734038 15581370 18944455 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 30514540 8507310 39652972 Bethel College provided educational services to approximately 2,200 students during the 2010-2011 academic year. This includes over fifty (50) academic programs awarding both graduate and undergraduate degrees. 30514540 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 1 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 3224 0 1256 1 1 1 0 0 0 0 0 0 0 0 0 X 21 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 IN X Bethel College Inc 5742593321 1001 Bethel Circle Mishawaka IN 46545 Glen Cook 1.00 X 0 0 0 Sam Davenport 1.00 X 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 Wyn Laidig 1.00 X 0 0 0 Judith Miles 1.00 X 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 Daryl Pannabecker 1.00 X 0 0 0 Richard Riddle 1.00 X X 0 0 0 Aaron Carpenter 1.00 X 0 0 0 Joel DeSelm 1.00 X 0 0 0 Richard Felix 1.00 X 0 0 0 Brian Hamil 1.00 X X 0 0 0 Dr Steven Cramer 40.00 X 189604 0 11571 Dr Dennis Engbrecht 40.00 X 114659 0 17375 Clair Knapp 40.00 X 114518 0 16727 Dennis Crocker 40.00 X 58800 0 15980 Terry Zeitlow 40.00 X 92083 0 15773 Dr Kathy Gribbin 40.00 X 65170 0 6376 Dr Shawn Holtgren 40.00 X 51385 0 14956 686219 0 98758 3 0 1 0 Sodexho Inc & Affiliates 4880 Paysphere Circle Chicago IL 60674 Food Service 2074851 Jenzabar PO Box 845939 Boston MA 02284 IT Services 401912 Gibson Lewis LLC PO Box 488 Mishawaka IN 46544 Construction 253046 Grace College & Seminary 200 Seminary Drive Winona Lake IN 46590 Education services 205899 Cardinal Buses Po Box 59 Middlebury IN 46540 Transportation 204442 10 11020 446269 2156463 5860 2613752 Tuition & Fees 611600 32639545 32639545 Auxiliary Revenue 611710 6822940 6822940 Other program revenue 611710 190487 190487 39652972 124356 124356 40739 -40739 -40739 -40739 122577 20201 46030 76547 20201 96748 96748 13905 11020 10910 2995 2995 332666 352424 -19758 -19758 Conference services 900099 197257 197257 Partnership income 900099 561 561 197818 42628144 39652972 137321 224099 10000 10000 8497310 8497310 784975 182241 419288 183446 127328 127328 14160463 11174383 2706829 279251 230894 204902 19360 6632 2319560 2020552 221326 77682 1027541 1027541 36259 36259 90509 90509 2705 2705 29184 29184 2864823 2571716 215059 78048 329185 248282 32260 48643 524155 309198 178272 36685 1866594 1291573 484372 90649 9202 9202 979148 980 978168 693026 617041 60768 15217 365045 268952 72428 23665 729633 729633 2123406 2100573 21085 1748 237240 98043 139197 Bond Service Expenses 402474 402474 Meals Expense 335751 288651 25520 21580 Equipment purchases 314733 194417 116140 4176 Institutional Dues 149789 77025 71495 1269 Bad Debt Expense 110933 110933 430272 349499 80773 39782137 30514540 8396201 871396 333449 32789 690896 3568397 525643 359672 885500 788847 388575 351873 671316 757121 60164542 24472747 36515526 35691795 2596675 3728184 2369975 1845247 554568 554568 45532123 47678493 2555579 3155269 1570477 2869546 15299000 14397000 320458 278028 5373625 2695408 3611520 3985435 1220094 1353352 29950753 28734038 X 5657752 8273265 1673226 1915652 8250392 8755538 15581370 18944455 45532123 47678493 X 2846007 517078 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7600372 315481 479532 272074 400000 7723311 4961226 2409178 247602 17634 7600372 5920163 316844 -1178624 97157 4961226 0.00000 1.00000 0.00000 1 0 3203732 3203732 48441207 17966984 30474223 8252599 6224241 2028358 267004 281522 -14518 35691795 Annuities Payable 959138 Funds Held For Others 343177 Unamortized Premiums 51037 1353352 42628144 39782137 2846007 517078 517078 3363085 34909060 517078 261148 778226 34130834 8497310 8497310 42628144 31545975 261148 261148 31284827 8497310 8497310 39782137 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 10,910. Cost of Good Sold on 990 part VIII line 10b 209,499. Rental Expenses on 990 part VIII line 6b 40,739. Part XII, Line 4b - Other Adjustments: Scholarships & Tuition Discounts grouped with audit revenue 8,497,310. Part XIII, Line 2d - Other Adjustments: Special Event Direct Expenses, on 990 part VIII line 8b 10,910. Cost of Good Sold on 990 part VIII line 10b 209,499. Rental Expenses on 990 part VIII line 6b 40,739. Part XIII, Line 4b - Other Adjustments: Scholarships & Tuition Discounts grouped with audit revenue 8,497,310. 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 102579 East Asia and the Pacific 2 5 Program services Education programs 216293 Europe (Including Iceland & Greenland) 1 3 Program services Education programs 92268 4 12 0 0 4 12 411140 0 411140 0 0 0 0 0 0 Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: The College has a separate Department Account for all Foreign Study Expenditures. Each Country has a separate project code. The Director of Foreign Study (Semester Abroad) monitors the expenses paid overseas. He is present on-site for at least part of each semester. The documentation (receipts) are submitted to the Business Office and is reviewed by Accounts Payable. Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: The organization tracks all foreign study expeditures via a separate Department Account. Each Country has a separate project code. Golf Outing 24925 11020 13905 5828 3951 1131 24925 11020 13905 5828 3951 1131 10910 2995 1 AuSable Institute 3770 Lake Drive SE Grand Rapids MI 49546 381713340 501 (c) 3 10000 Academic Environmental Science Camp 1 0 Academic Scholarships 1153 8497310 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. Grants to organizations are only granted to 501(c)3 organizations and are monitored by an operating partnership. X X 0 0 0 0 0 0 0 0 0 Dr Steven Cramer 189604 0 0 0 0 0 3442 0 8129 0 201175 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 6375000 127500 171710 6075000 2004 1 0 1 1 6059460 109132 36490 5913838 2007 1 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0.00000 0.00000 0.00000 1 1 1 0 0 0 0 1 1 0 0 0 0 Norman Bridges- Former Director Finance operations X 25000 20000 0 1 1 Barbara Beutler- Former Director Finance operations X 85000 85000 0 1 1 Phillip Bridges- Former Director Finance operations X 119195 123028 0 1 1 Michael Holtgren- Former Director Finance operations X 100000 50000 0 1 1 278028 Terri Cramer President's wife 38413 W-2 wages 0 0 Judy Holtgren Officer's mother 52623 W-2 wages 0 Michael Holtgren Officer's father 13192 W-2 wages 0 Form 990, Part VI, Section A, line 2 Dennis Engbrecht, officer, and David Engbrecht, trustee, are both 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 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 15 The Trustee Board sets the President's compensation. The President recommends and the Board approves the officer and key employee compensation. Independent Colleges of Indiana and Council of Christian Colleges and Universities comparability data are used as guidelines. The President determines the compensation for officers-approved by the Trustee Board. HR/CFO determine compensation for employees-approved by the President & Trustee Board. Form 990, Part VI, Section C, line 18 The forms are available upon request. Form 990, Part VI, Section C, line 19 These documents are available upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 517,078. 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. Jefferson Park Properties LLC 1001 Bethel Circle Mishawaka IN 46545 350935587 Property rental IN -40729 1592534 Bethel College Inc