2024-09-06T12:55:45+00:00 2022-06-30 363990892 Capin Crouse LLP 55 Shuman Blvd Suite 300 Naperville IL 60563 990 2021-07-01 383001876 Calvin Theological Seminary CALV 6169578619 3233 Burton St SE Grand Rapids MI 49546 Julius Medenblik President 6169578619 2024-09-06 true Daren Daiga P01074795 5055022746 2021 2024-08-08 14:25:15Z Julius Medenblik 3233 Burton St SE Grand Rapids MI 49546 15315599 false X www.CalvinSeminary.edu X 1876 MI Calvin Theological Seminary exists to serve the Christian Reformed Church by preparing persons for biblically faithful and contextually effective ministry of the Word. 20 20 119 20 0 0 10508009 8408351 2875839 2559573 10743623 2458548 110830 65396 24238301 13491868 1902947 1195980 0 0 4919253 5176996 11712 0 578395 3691512 4368669 10525424 10741645 13712877 2750223 82445737 78907473 2271895 1969227 80173842 76938246 X Calvin Theological Seminary exists to serve the Christian Reformed Church in North America and wider constituencies by preparing persons for biblically faithful and contextually effective ministry of the Word and by offering reformed theological scholarship and counsel. false false 6828125 1179860 2001119 The Seminary's primary purpose is the education and training of over 300 students to prepare them for ministry and leadership in the church. 724601 16120 646335 Auxiliary Revenues include activities for student housing. This is only housing revenues and expenditures. 76441 3510 The Calvin Theological Journal and CTS Forum provide opportunities for students and faculty. 43455 The Faculty Heritage Fund provides funds for research and professional development for seminary faculty. 43455 7672622 true true false false false false false false true true true false false true false true false true false false false false false true false false false true true false false false false false false false false false false false false false true true false false false true 440 0 true 119 true true true false false false false true true false false false false false false false false X 20 20 false false false false false true true true true false false true true true true true true true true false MI X Randy DeVries 6169578619 3233 Burton St SE Grand Rapids MI 49546 David Morren Board Chairman 5.0 X X 0 0 0 Mr Keith Oosthoek Board Vice Chairman 4.0 X X 0 0 0 Susan Keesen Board Secretary 2.0 X X 0 0 0 Brian Verhuel Board Member 2.0 X 0 0 0 Charles Veenstra Board Member 2.0 X 0 0 0 Hessel Kielstra Board Member 2.0 X 0 0 0 Julius Umawing Board Member 2.0 X 0 0 0 Mr Frank Zee Board Member 2.0 X 0 0 0 Mr Henry Lane Board Member 2.0 X 0 0 0 Mr Victor Chen Board Member 2.0 X 0 0 0 Ms Heather Garretson Board Member 2.0 X 0 0 0 Ms Susan Strikwerda Board Member 2.0 X 0 0 0 Paul Boersma Board Member 2.0 X 0 0 0 Rev Arthur Van Wolder Board Member 2.0 X 0 0 0 Rev Christian Oh Board Member 2.0 X 0 0 0 Rev Daniel Brown Board Member 2.0 X 0 0 0 Rev Robert Drenten Board Member 2.0 X 0 0 0 Rev Scott Greenway Board Member 2.0 X 0 0 0 Theresa Rottschafer Board Member 2.0 X 0 0 0 Yudha Thianto Board Member 4.0 X 0 0 0 Christopher Dinh Director of Finance 40.0 X 87407 0 5850 Margaret Mwenda Chief Operating Officer 40.0 X 104022 0 18926 Rev Julius T Medenblik JD President 40.0 X 175873 0 23421 Robert Knoor Director of Development 40.0 X 110654 0 12076 477956 0 60273 3 false true false Rockford Construction 601 First St NW Grand Rapids MI 49504 Remodeling services 643300 Integrated Architecture 840 Ottawa Ave NW Grand Rapids MI 49503 Architectural design services 221543 2 219569 1920528 6268254 8408351 Tuition & fees 813110 1913238 1913238 Auxiliary enterprises 813110 646335 646335 0 0 0 0 2559573 1073051 1073051 8034 8034 0 0 3120868 1735371 1385497 0 1385497 1385497 54331 219569 88360 -34029 -34029 91391 91391 0 0 91391 13491868 2650964 0 2432553 1195980 1195980 0 0 430368 305886 96575 27907 3000 3000 4066579 2892470 910218 263891 340484 242000 76405 22079 200460 142478 44983 12999 136105 96737 30542 8826 4709 4709 51326 51326 0 0 307284 307284 326074 274986 32030 19058 341574 172583 24694 144297 178369 103985 65487 8897 1423806 889343 529463 5000 311800 202223 70128 39449 137824 123345 10183 4296 422316 316737 84463 21116 Equipment and maintenance 218265 174787 43478 Subscriptions and memberships 25186 7958 16648 580 620136 526415 93721 0 10741645 7672622 2490628 578395 2306848 1436329 4336158 912954 172965 235209 0 0 333832 400849 25934837 9592068 10574140 16342769 57057899 52707491 6488343 5783162 1175552 1088710 0 0 82445737 78907473 2000692 1671070 161107 125855 0 110096 172302 2271895 1969227 X 23584436 19407743 56589406 57530503 80173842 76938246 82445737 78907473 X 2750223 -6174630 188811 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56593111 1479649 -3656876 917100 1055484 52443300 46742040 1011516 10174752 706600 628597 56593111 46009129 2716061 -364550 831800 786800 46742040 41962209 1797183 3666090 763300 653053 46009129 39791016 1440622 2320319 682857 906891 41962209 0.1347 0.8653 0.0 false false 245000 245000 14136933 5854349 8282584 137464 136967 497 4059539 3600752 458787 7355901 7355901 16342769 Fixed income and other investments 4733162 F Land and real estate 1050000 F 5783162 Federal Perkins Loan advances 109813 Due from related party 62489 172302 6091145 -6174630 277171 -5897459 11988604 307284 1195980 1503264 13491868 9326741 88360 88360 9238381 307284 1195980 1503264 10741645 Schedule D, Part V, Line 4 Intended uses of endowment funds Our endowment is a means to provide permanent funding for faculty positions, student scholarships, and other mission-related expenses. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Fundraising event expenses - 88360 Changes in the value of split-interest agreements - 10708 Actuarial change in post retirement benefit - 178103 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Scholarships and discounts - 16120 Financial aid - 1179860 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising event expenses - 88360 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Financial aid - 1179860 Scholarships and discounts - 16120 true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The organization publicized its racially nondiscriminatory policy on the homepage of its website at all times during its tax year in a manner reasonably expected to be noticed by visitors. Golf Outing 197600 158195 39405 39405 33929 CPI Golf Outing 76300 61374 14926 14626 400 0 273900 219569 54331 54031 34329 88360 -34029 true Student financial aid 245 1179860 Housing scholarships and discounts 10 16120 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Student financial aid is awarded after an application and verification process, using FAFSA to determine financial need, and GPA and recommendations to establish merit. Competitions and other award qualifications are used to determine eligibility where applicable. Records are maintained in the Financial Aid office; scholarships and awards are applied directly to student accounts. X true true X false false false false false false false false false Rev Julius T Medenblik JD President 175477 0 0 0 396 0 11595 0 11826 0 199294 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. This is not included in taxable compensation. Julius Medenblik met the qualifications for and received a ministerial housing allowance during the tax year. Form 990, Part III, Line 4d Description of other program services (Expenses $ 43,455 including grants of $) The Faculty Heritage Fund provides funds for research and professional development for seminary faculty. Form 990, Part VI, Line 1a Delegate broad authority to a committee The executive committee is composed of six members, all of whom are on the board of trustees. The committee holds authority to manage the corporation's affairs as granted by the board, meeting in December, May, and as needed. A majority presence is required for a quorum, and decisions made by the majority at such meetings are binding. The committee can take necessary actions between board meetings, except those that require full board approval. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The Synod of the Christian Reformed Church in North America has the power to select and approve members of the board of trustees. They also have the power to fill vacancies that occur, including an increase in the number of trustees. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The following decisions are reserved to the Synod of the Christian Reformed Church in North America: 1) Remove any trustee at any time with or without cause; 2) Select the President of the corporation; and, 3) Ratification of the amended or new adopted bylaws Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared by an independent CPA firm and reviewed in detail by appropriate officers and management and is sent to the board finance committees for their review before it is filed. A copy is also sent to all voting board members of the governing body before it is filed with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Board members and officers are required to complete a disclosure and compliance statement annually. Compliance is monitored and ultimately determined by the president and board of directors. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 15a Process to establish compensation of top management official The chair of the Board of Trustees and the chair of the Development and Finance Committee annually review the compensation of the President, Chief Operating Officer, and Director of Finance, informed by peer information from the Association of Theological Schools. This process is documented in the minutes. Form 990, Part VI, Line 15b Process to establish compensation of other employees See narrative for Form 990, Part VI, Line 15a Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other income - Total Revenue: 91391, Related or Exempt Function Revenue: 91391, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Changes in the value of split-interest agreements - 10708; Actuarial change in post retirement benefit - 178103; Christian Reformed Church in North America 1700 28th St SE Grand Rapids MI 49508 382051351 Church MI 501(c)(3) 1 NA false Calvin University 3201 Burton St SE Grand Rapids MI 49546 383071514 School MI 501(c)(3) 2 NA false CPI Foundation 3233 Burton Street SE Grand Rapids MI 49546 872883778 Supporting organization MI 501(c)(3) Type I Calvin Theological Seminary true false false true false false false false false false false true false false true true true true false false