2026-05-13T15:29:22+00:00 2025-06-30 440160260 Forvis Mazars LLP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2024-07-01 350935587 BETHEL UNIVERSITY INC BETH 5748077000 1001 BETHEL CIRCLE MISHAWAKA IN 46545 DR DEE MCDONALD PRESIDENT 5748077000 2026-05-13 true Anne White P01708202 2604604000 2026-05-13 2024 2025-03-06 01:10:19Z DR DEE MCDONALD 1001 BETHEL CIRCLE MISHAWAKA IN 46545 43110912 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. 20 19 865 100 111170 0 5060473 3775570 37720758 37559653 393246 453425 199026 184151 43373503 41972799 16189758 16329143 0 14990585 14630745 0 614138 12983819 13649341 44164162 44609229 -790659 -2636430 47831788 46093957 17535519 17693364 30296269 28400593 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 39514310 16329143 37588104 BETHEL UNIVERSITY PROVIDED EDUCATIONAL SERVICES TO APPROXIMATELY 1,200 STUDENTS DURING THE 2024/2025 ACADEMIC YEAR. THIS INCLUDES OVER FIFTY (50) ACADEMIC PROGRAMS, AWARDING BOTH GRADUATE AND UNDERGRADUATE DEGREES. 39514310 true true false false false false false false false true true false false true true false true false true false false false false false false false false false true true false false false false false false false false true false true false false false false true false false false false true 1540 0 865 true true true false false false false false false false false false false false X 20 19 true false false false false false false true true false false false true true true true true true true true false false IN X DR DEE MCDONALD 5748077000 1001 BETHEL CIRCLE MISHAWAKA IN 46545 BRIAN HABEGGER TRUSTEE/VICE-CHAIR 1.0 X X 0 0 0 BRUCE KORENSTRA TRUSTEE/SECRETARY 1.0 X X 0 0 0 BILL GATES TRUSTEE 1.0 X 0 0 0 CHARLES HABEGGER TRUSTEE EMERITUS 1.0 X 0 0 0 DARYL PANNABECKER TRUSTEE 1.0 X 0 0 0 ERIC KINSMAN TRUSTEE 1.0 X 0 0 0 HEATHER GILBERT TRUSTEE 1.0 X 0 0 0 JOHN GARDNER TRUSTEE 1.0 X 0 0 0 JOSE MENDEZ TRUSTEE 1.0 X 0 0 0 JOSHUA GREGORY TRUSTEE 1.0 X 0 0 0 LYNN COLEMAN TRUSTEE 1.0 X 0 0 0 OCTAVIAN SAYUMWE TRUSTEE 1.0 X 0 0 0 PABLO RODRIGUEZ TRUSTEE 1.0 X 0 0 0 PHILIP WAGLER TRUSTEE 1.0 X 0 0 0 RANDY LEHMAN TRUSTEE 1.0 X 0 0 0 REV DAVE ENGBRECHT TRUSTEE 1.0 X 0 0 0 REV DR SHARON AYABE TRUSTEE 1.0 X 0 0 0 REV RODNEY ARNOLD TRUSTEE 1.0 X 0 0 0 RICHARD FELIX TRUSTEE EMERITUS 1.0 X 0 0 0 SAM DAVENPORT TRUSTEE 1.0 X 0 0 0 AMANDA SLAUGHTER VP ENROLLMENT MANAGEMENT 40.0 X 112362 0 5615 BARBARA BELLEFEUILLE PRESIDENT 40.0 X 241463 0 30500 BRENT LAVIGNE VP INSTITUTIONAL ADVANCEMENT 40.0 X 113477 0 13094 Julie Beam VP for Student Development and Success 40.0 X 68276 0 10880 Pamela Campbell CFO, VP for Administration and Finance 40.0 X 133096 0 8400 SHAWN HOLTGREN VP STUDENT DEVELOPMENT 40.0 X 91376 0 15780 760050 0 84269 4 false true false SODEXO 4880 Paysphere Cr CHICAGO IL 606740048 FOOD SERVICE 2016063 JENZABAR 101 Huntington Ave Ste 2200 BOSTON MA 02199 ERP SOFTWARE AND SUPPORT 434989 LONGARDNER MECHANICAL PO BOX 920 NEW CARLISLE IN 46552 HVAC SERVICES 238826 SOUTHWEST COMMERCIAL ROOFING 907 W PIKE ST GOSHEN IN 46526 ROOFING CONTRACTOR 169218 ENROLLMENT FUEL PO BOX 9792 CHAPEL HILL NC 27515 MAKETING SERVICES 147500 5 8328 80342 3686900 95089 3775570 TUITION AND FEES 611710 29553128 29553128 RESIDENCE HALLS 611710 5927527 5927527 OTHER PROGRAM REVENUE 611710 2078998 2078998 0 0 0 0 37559653 337839 337839 44650 44650 0 44650 44650 1188497 1072911 115586 0 115586 115586 120 -120 -120 93533 65082 28451 28451 CONFERENCE SERVICES 611710 111170 111170 0 0 0 0 111170 41972799 37588104 111170 497955 0 0 16329143 16329143 0 0 0 0 822516 386935 322104 113477 54967 54967 10951225 9190896 1629432 130897 0 0 0 0 2003142 1614532 339630 48980 798895 646456 133226 19213 0 0 0 0 15940 0 15940 0 105792 0 105792 0 0 0 0 0 0 0 73570 0 73570 0 4035990 3591980 425907 18103 431633 260066 122940 48627 1272189 1081173 157736 33280 822263 438706 372543 11014 0 0 0 0 1365853 1167881 175543 22429 1295209 1235280 36920 23009 0 0 0 0 59919 46102 12871 946 774924 628025 130315 16584 0 0 0 0 2109855 1709898 354804 45153 304373 246674 51185 6514 MISCELLANEOUS 981831 940563 20323 20945 0 0 0 0 44609229 39514310 4480781 614138 0 0 0 0 3476 3335 3510274 3490050 1317904 229232 2639539 1203395 0 0 0 0 164873 174297 512085 386878 73417668 48558874 25936441 24858794 10425503 11868683 0 0 3321693 3879293 47831788 46093957 1434312 1658992 937002 545400 0 0 12940306 13482671 590274 574125 1633625 1432176 17535519 17693364 X 10821115 9170134 19475154 19230459 30296269 28400593 47831788 46093957 X -2636430 732681 8073 X false true true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11719776 414810 1077282 398707 60300 50341 12702520 10835293 292883 1064724 363974 62752 46398 11719776 10183490 369283 746963 357290 61600 45553 10835293 11385723 390392 -1142628 342200 57900 49897 10183490 9642343 161008 2011895 330200 56700 42623 11385723 0.0 0.72 0.28 false false 3203732 3203732 62082616 41801559 20281057 7569038 6757315 811723 562282 562282 24858794 BENEFICIAL INTEREST IN TRUSTS 3280604 INTEREST RATE SWAP ASSET 213558 RIGHT OF USE ASSETS 385131 3879293 Federal Income Taxes ANNUITIES PAYABLE 395865 FUNDS HELD FOR OTHERS AND OTHER LIABILITIES 126486 LINE OF CREDIT 620013 OPERATING LEASE LIABILITY 289812 1432176 26443216 732681 0 0 350466 1083147 25360069 0 16612730 16612730 41972799 28338892 0 0 0 58806 58806 28280086 0 16329143 16329143 44609229 Schedule D, Part I 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. Schedule D, Part V, Line 4 Intended uses of 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 2(d) Other revenues in audited financial statements not in form 990 COST OF GOODS SOLD - 58686 GAIN ON BENEFICIAL INTEREST IN TRUSTS - 291660 FUNDRAISING EXPENSE - 120 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements SCHOLARSHIPS - 16329143 LOSS ON INTEREST RATE SWAP - 283587 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 COST OF GOODS SOLD - 58686 FUNDRAISING EXPENSE - 120 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements SCHOLARSHIPS - 16329143 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY 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 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT 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 FINANCIAL AID 912 16329143 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds 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 241463 0 0 0 0 0 22200 0 8300 0 271963 0 0 0 EMILY SHERWOOD BROTHER-IN-LAW-GREGORY 54967 COMPENSATION false 4 95089 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - COLUMN B REFERS TO THE NUMBER OF CONTRIBUTORS. Form 990, Part VI, Line 1b JOSHUA GREGORY IS CONSIDERED NON-INDEPENDENT DUE TO THE TRANSACTION LISTED ON SCHEDULE L. Form 990, Part VI, Line 1a Delegate broad authority to a committee 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 2 Family/business relationships amongst interested persons BRIAN HABEGGER AND CHARLES HABEGGER - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body 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, Line 12c Conflict of interest policy 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, Line 15a Process to establish compensation of top management official 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 DURINGTHE TAX YEAR ENDED 6/30/2025. Form 990, Part VI, Line 15b Process to establish compensation of other employees 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 DURINGTHE TAX YEAR ENDED 6/30/2025. Form 990, Part VI, Line 19 Required documents available to the public THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances UNREALIZED LOSS ON INTEREST RATE SWAP - -283587; GAIN ON BENEFICIAL INTEREST IN TRUSTS - 291660; Total - 8073; INDEPENDENT COLLEGES OF INDIANA INC 30 SOUTH MERIDIAN STREET SUITE INDIANAPOLIS IN 46204 310901001 EDUCATION IN 501(c)(3) Type I 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