2011-03-01T11:04:01-06:00 2010-06-30 Baker Tilly Virchow Krause LLP 225 S 6th St Ste 2300 Minneapolis MN 55402 990 2009-07-01 410747165 Bethany Lutheran College Inc BETH 5073447000 700 Luther Drive Mankato MN 56001 Dan R Bruss 5073447000 2011-03-01 1 Lawrence H Mohr CPA 6128764500 2011-03-01 2009 2016-02-24 21:20:13Z Dan R Bruss 700 Luther Drive Mankato MN 56001 50335756 0 X www.blc.edu X 1927 MN BETHANY LUTHERAN COLLEGE IS A PRIVATE, RESIDENTIAL, LIBERAL ARTS COLLEGE COMMITTED TO THE TEACHINGS OF THE BIBLE AS SET FORTH IN THE LUTHERAN CONFESSIONS. BETHANY PROVIDES STUDIES CULMINATING IN A BACHELOR OF ARTS DEGREE. BETHANY LUTHERAN THEOLOGICAL SEMINARY EXISTS IN ORDER TO TRAIN MEN FOR THE PUBLIC MINISTRY IN THE ELS AS WELL AS TO SERVE THE SYNOD'S THEOLOGICAL NEEDS. 12 12 627 260 0 0 8716832 6266202 13562065 15247491 -7458228 -1582121 847887 244505 15668556 20176077 4676962 5098650 0 9078054 9081909 14375 0 796958 8020479 7390321 21789870 21570880 -6121314 -1394803 86066451 87890928 10480086 9934459 75586365 77956469 Bethany Lutheran College, owned and operated by the Evangelical Lutheran Synod, is a private, residential, liberal arts college committed to the teachings of the Bible as set forth in the Lutheran Confessions. Bethany provides studies culminating in a Bachelor of Arts degree. The College serves Lutherans and others by offering a challenging, student-centered approach to education that fosters spiritual development, intellectual and creative growth, self-understanding, and responsible citizenship. In keeping with its heritage, Bethany aspires to produce students with a clear understanding of Christian vocation, which encourages students to make the most of their God-given talents. 0 0 9972840 5098650 5612708 Instruction: Bethany Lutheran College awards the Bachelor of Arts degrees with majors in more than 19 subject areas and a Master of Divinity and a Master of Arts degrees. The 2009-2010 academic year enrollment was 645 full time equivalent (FTE) students in the Fall Semester and 595 FTE students enrolled in the Spring Semester. Of the total number of students enrolled in 2009-2010 academic year, 146 met the requirements of graduation. 4312871 4966341 Student Services & Academic Support: Bethany boasts a long-standing commitment to educating the whole person by nourishing the intellectual, spiritual, emotional, social and physical dimensions of students' lives. The College offers a curriculum that challenges students to think critically and express themselves effectively, a campus life that encourages involvement and service (over 20 student organizations), a community of faith that nutures spiritual growth and develops moral responsibility, and co-curricular activities that inspire students to test their own limits and express their individuality. 2193292 2525611 Auxiliary enterprises at Bethany Lutheran College provides 5 residence halls on campus, 2 dining venues, and a bookstore for students, faculty and staff. Of the total student body, 70% of enrolled students lived on-campus and participated in the resident student board plan. 444 students resided in campus housing in the 2009-2010 Fall Semester and 418 in the Spring Semester. 1860878 2392332 Other Program Services include operations and maintenance of plant and institutional support. These programs provide services to operate and maintain buildings and grounds and to support instiutional operations other than management and general. 1860878 2392332 18339881 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 47 0 627 1 0 0 0 0 0 1 1 0 0 0 12 12 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X Daniel Mundahl 5073447739 700 Luther Drive Mankato MN 56001 Harold Theiste 1.00 X 0 0 0 Rev Kenneth Schmidt 1.00 X 0 0 0 Dr Willis Anthony 1.00 X 0 0 0 Rev Mark Bartels 1.00 X 0 0 0 Paul Chamberlin 1.00 X 0 0 0 Lyle Fahning 1.00 X 0 0 0 Rev Herbert Huhnerkoch 1.00 X 0 0 0 James Minor 1.00 X 0 0 0 TIM THIELE 1.00 X 0 0 0 Rev Dr J Kincaid Smith 1.00 X 0 0 0 Rev Joel Willitz 1.00 X 0 0 0 Rev erwin Ekhoff 1.00 X 0 0 0 Dr Dan Bruss 40.00 X 140677 0 29328 Ronald Younge 40.00 X 91332 0 20159 Daniel Mundahl 40.00 X 89118 0 12303 Arthur Westphal 40.00 X 87789 0 16238 Steven Jaeger 40.00 X 79971 0 19848 Gregory Costello 40.00 X 67425 0 18726 556312 0 116602 1 0 1 0 RW Carlstrom Co 1901 Excel Drive Mankato MN 56001 Building Construction 5831565 Pioneer College Caterers 12351 W 96th Terrace Suite 204 Lenexa KS 66215 Food Service 817083 Securitas Security Services USA Inc 96th Terrace Suite 204 Lenexa KS 66215 SECURITY SERVICES 122484 GuideOne Insurance PO Box 14599 Des Moines IA 50306 Insurance 114949 4 6880 223697 151333 5884292 6266202 Tuition and Fees 611710 11959906 11959906 Auxiliary Enterprises 611710 3160309 3160309 Sales & Services of Ed 611710 127276 127276 15247491 428938 428938 28037371 81777 30040543 89664 -2003172 -7887 -2011059 -2011059 24476 6880 29472 -4996 -4996 Other Sources 900099 249501 249501 249501 20176077 15496992 0 -1587117 5098650 5098650 958172 313915 512675 131582 5927551 4745670 861539 320342 470755 369069 73308 28378 1273346 1048530 178271 46545 452085 336762 85185 30138 231 231 59011 59011 26373 26373 1008922 963595 33680 11647 141778 23426 118352 898268 775809 60322 62137 243583 215225 12450 15908 878992 833557 36794 8641 708103 631604 31376 45123 51166 30351 1617 19198 92982 92666 316 1767242 1700010 67232 172482 172482 Equipment Repair & Main 585451 505892 53066 26493 Books & Subscriptions 365447 364082 816 549 OTHER 182167 182167 0 PLEDGED CONTRIBUTIONS W 128535 42845 42845 42845 Dues & Memberships 79588 66056 6100 7432 21570880 18339881 2434041 796958 26002 432599 126167 1448381 796796 209388 269448 562663 547367 265157 257102 14949 24744 84561267 26494227 52039289 58067040 30504518 27530890 379683 16482 183822 254892 86066451 87890928 1900563 1146320 6250000 6250000 2329523 2538139 10480086 9934459 X 12158846 12364623 31017797 32440726 32409722 33151120 75586365 77956469 86066451 87890928 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28729702 1408517 1956498 1604012 784352 92666 31182391 46034851 2054424 -11085219 1071087 6923546 279721 28729702 0.21000 0.77000 0.02000 0 0 6848808 6848808 50332978 17460137 32872841 9179265 9034090 145178 18200216 18200213 58067040 Annuities Payable 1530488 Deposits Held in Custody for Others 467719 Deposit Accounts 69615 Government grants refundable 470317 2538139 20176077 21570880 -1394803 3557106 207801 3764907 2370104 18845433 3557106 207801 3764907 15080526 26373 5069178 5095551 20176077 16475329 29472 29472 16445857 26373 5098650 5125023 21570880 Part V, Line 4: Description of Intended Use of Endowment Funds: Bethany Lutheran College's endowment funds are used to fund scholarships to students, the general operations of the college, and other special projects such as faculty development, departmental needs and library needs. Part X: Description of Uncertain Tax Positions Under FIN 48: The Internal Revenue Service has determined that the Corporation is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. It is also exempt from state income tax. However, any unrelated business income may be subject to taxation. In accordance with the accounting standard on Accounting for Uncertainty in Income Taxes, the Corporation addresses the determination of whether tax benefits claimed on a tax return should be recorded in the financial statements. Under this guidance, the Corporation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merit of the position. Examples of tax positions include the tax-exempt status of the Corporation and various positions related to the potential sources of unrelated business taxable income. There were no significant unrecognized tax benefits identified or recorded as liabilities during fiscal year 2010. Open tax years subject to examination by the U.S. and state taxing authorities are for the years 2007 to 2009, which statutes expire in 2011 to 2013, respectively. Part XI, Line 8 - Other Adjustments: Actuarial Adjustment: 207801. Part XII, Line 2d - Other Adjustments: Actuarial Adjustment: 207801. Part XII, Line 4b - Other Adjustments: Fundraising Event Expenses: -29472. Scholarships and grants: 5098650. Part XIII, Line 2d - Other Adjustments: FUNDRAISING EVENT EXPENSES: 29472. Part XIII, Line 4b - Other Adjustments: Scholarships and Grants: 5098650. 1 1 0 The use of these media formats are primarily used for event related activities. The College does not use them to solicit students for enrollment. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 BETHANY LUTHERAN COLLEGE PARTICIPATES IN TITLE IV FINANCIAL AID PROGRAMS, SO MANY STUDENTS RECEIVE AID THROUGH FEDERAL AND STATE AGENCIES. 1 mankato golf outing 16828 4400 12428 1060 5233 5412 5962 1431 Laube Golf Outing 10052 2480 7572 0 1477 4278 834 112 1 4477 0 4477 0 3672 31357 6880 24477 1060 6710 9690 10468 1543 29471 -4994 1 Scholarships and Grants provided as financial aid to students - see College for detailed list 597 5098650 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Bethany Lutheran College offers scholarships and grants to qualified students to help reduce their out-of-pocket tuition costs. Students receiving financial assistance of this form must meet specific criteria such as academic achievement, financial need, and other similar standards whether put in place by the College or by donors of restricted funds. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dr Dan Bruss 111101 0 0 0 29576 0 16447 0 12881 0 170005 0 0 0 Form 990, Part VI, Section A, line 2 John Moldstad, President of the Evangelical Lutheran Synod has a family relationship with the College President, Dan Bruss, and the College Chaplain Don Moldstad. Form 990, Part VI, Section A, line 7a The ELS delegates have the authority or right to elect members of the governing body. Form 990, Part VI, Section B, line 11 The 990 is reviewed by the Finance and Audit Committee at their February meeting each year.After the Form 990 is reviewed by the Finance and Audit Committee a full copy of the 990 is provided to the Board of Regents for review prior to the filing of the Form 990. Form 990, Part VI, Section B, line 12c Annually the full Board of Regents is asked to read and sign the Conflict of Interest Policy. If a conflict is determined to exsist the board memeber invovled would abstain from voting on the conflict. Form 990, Part VI, Section B, line 15 Daniel Mundahl, CFAO, gathers information from CUPA, The Chronicle of Higher Education and from MPCC (MN Private College Council) for comparisons using the medium measure and looking at colleges of similar size and purpose. This information is provided to the executive committee who reviews, evaluates, and determines compensation for the President, officers and other individuals. Form 990, Part VI, Section C, line 19 All policies that are available for public viewing would be made available upon request. THE COLLEGE HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS HAS NOT CHANGED DURING THE YEAR. Evangelical Lutheran Synod 6 Browns Court Mankato MN 56001 237181739 Religious Not-for-Profit MN 501(c)(3) 1 N/A 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0