2023-04-28T13:42:24-05:00 2022-06-30 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2021-07-01 350935587 BETHEL UNIVERSITY INC % DR BARBARA BELLEFEUILLE BETH 5748077000 1001 BETHEL CIRCLE MISHAWAKA IN 46545 DR BARBARA BELLEFEUILLE PRESIDENT 5748077700 2022-05-15 true DR GREGG CHENOWETH 999009999 Anne E White P01708202 2604604000 3 2021 2023-04-26 12:10:37Z DR BARBARA BELLEFEUILLE 1001 BETHEL CIRCLE MISHAWAKA IN 46545 46629956 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 16 916 100 223588 0 8223553 7052180 36739261 38577636 650230 617065 99709 181227 45712753 46428108 14677969 16116678 0 0 14626228 14973905 0 0 1115982 13343152 14959293 42647349 46049876 3065404 378232 49496570 46181049 19204780 17041776 30291790 29139273 X 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 41099523 16116678 38599556 BETHEL UNIVERSITY PROVIDED EDUCATIONAL SERVICES TO APPROXIMATELY 1,400 STUDENTS DURING THE 2021/2022 ACADEMIC YEAR. THIS INCLUDES OVER FIFTY (50) ACADEMIC PROGRAMS, AWARDING BOTH GRADUATE AND UNDERGRADUATE DEGREES. 41099523 true true false false false false false false false true true false false true true false true false true true true false false false true false false false true true false false false false true false true false true true false false false true false false false true 1933 0 916 true true true false false false false true true false false false false false false X 20 16 true false false false false false false true true false false true true true true true false true true false IN X DR BARBARA BELLEFEUILLE 5748077000 1001 BETHEL CIRCLE MISHAWAKA IN 46545 BARBARA BELLEFEUILLE INTERIM PRESIDENT 40.0 0.0 X 186076 0 5423 JERRY WHITE VICE PRESIDENT & CFO 40.0 0.0 X 122225 0 21110 GREGG CHENOWETH LEFT 0521 FORMER PRESIDENT 40.0 0.0 X 111781 0 18750 TERRELL ELAM LEFT 0222 VICE PRESIDENT FOR ENROLLMENT 40.0 0.0 X 109570 0 12001 BRADLEY SMITH START 0621 VICE PRESIDENT FOR ENROLLMENT 40.0 0.0 X 101136 0 5424 SHAWN HOLTGREN VICE PRESIDENT FOR STUDENT DEV 40.0 0.0 X 78134 0 16110 BRENT LAVIGNE START 0921 VICE PRESIDENT FOR INSTITUTION 40.0 0.0 X 37488 0 3651 SAM DAVENPORT TRUSTEE 1.0 0.0 X 0 0 0 DAVID ENGBRECHT TRUSTEE 1.0 0.0 X 0 0 0 RICHARD FELIX TRUSTEE 1.0 0.0 X 0 0 0 JOHN GARDNER TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM GATES TRUSTEE 1.0 0.0 X 0 0 0 JOSHUA GREGORY TRUSTEE 1.0 0.0 X 0 0 0 BRIAN HABEGGER TRUSTEE/VICE-CHAIR 1.0 0.0 X X 0 0 0 CHARLES HABEGGER TRUSTEE 1.0 0.0 X 0 0 0 GREG HARTMAN TRUSTEE/TREASURER 1.0 0.0 X X 0 0 0 WILLIAM HOSSLER TRUSTEE 1.0 0.0 X 0 0 0 STEVEN JONES TRUSTEE 1.0 0.0 X 0 0 0 ERIC KINSMAN TRUSTEE/CHAIR 1.0 0.0 X X 0 0 0 BRUCE KORENSTRA TRUSTEE/SECRETARY 1.0 0.0 X X 0 0 0 JOAN MCCLENDON TRUSTEE 1.0 0.0 X 0 0 0 JOSE MENDEZ TRUSTEE 1.0 0.0 X 0 0 0 ARNOLD SALLIE TRUSTEE 1.0 0.0 X 0 0 0 JIMMY SANTIAGO TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM SMILEY TRUSTEE 1.0 0.0 X 0 0 0 JERRY THACKER TRUSTEE 1.0 0.0 X 0 0 0 PHILIP WAGLER TRUSTEE 1.0 0.0 X 0 0 0 746410 0 82469 5 true true false SODEXO 9801 WASHINGTONIAN BOULEVARD GAITHERSBURG MD 20878 FOOD SERVICE 2143795 WILEY EDUCATION SERVICES 1415 W 22ND ST STE 800 OAKBROOK IL 60523 ONLINE PROGRAM MGMT 778617 JENZABAR 101 HUNTINGTON AVE STE 2200 BOSTON MA 02199 ERP SOFTWARE/SUPPORT 203468 D A DODD PO BOX 430 ROLLING PRAIRIE IN 46371 MECH CONTRACTOR 142129 MICAH HORNER 1821 CLOVER RD STE 2 MISHAWAKA IN 46545 ROOFING CONTRACTOR 140250 9 133692 8233 3938049 2972206 213484 7052180 TUITION AND FEES 611710 31286507 31286507 RESIDENCE HALLS 611710 5920132 5920132 OTHER PROGRAM REVENUE 611710 1370997 1370997 38577636 161217 161217 0 0 0 0 0 487064 31216 455848 455848 455848 5250 133692 69531 -64281 -64281 0 0 0 123021 101101 21920 21920 CONFERENCE SERVICES 611710 223588 223588 223588 46428108 38599556 223588 552784 0 16116678 16116678 0 0 898149 418125 369615 110409 249735 157665 44650 47420 11111958 9362777 1461509 287672 0 1884184 1532132 291462 60590 829879 673466 127911 28502 0 8155 8155 69850 69850 0 0 50119 50119 4267878 4185430 33553 48895 434701 282436 65034 87231 1057413 667568 351749 38096 717237 443996 243566 29675 0 1154123 994818 120888 38417 1093114 1055348 19009 18757 0 158000 146122 8942 2936 591541 492720 75420 23401 0 2127610 1772178 271263 84169 237003 197410 30217 9376 HEERF STUDENT RELIEF 1863275 1863275 MISCELLANEOUS 1129274 737379 191459 200436 46049876 41099523 3834371 1115982 5430 5380 4009897 3880656 577300 588750 1306721 1217619 0 0 0 0 0 0 180607 170009 571502 503528 70519498 42678172 29275401 27841326 10533727 9107661 0 0 0 0 0 0 3035985 2866120 49496570 46181049 2291699 1788003 0 0 1420463 1213581 0 0 0 0 0 0 13409824 12732332 771284 667097 1311510 640763 19204780 17041776 X 13371105 13573140 16920685 15566133 30291790 29139273 49496570 46181049 X 378232 -2122747 591998 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11385723 390392 -1142628 342200 57900 49897 10183490 9642343 161008 2011895 330200 56700 42623 11385723 9867949 82542 258408 454599 70248 41709 9642343 10407469 135394 414563 348051 697473 43953 9867949 9338152 822312 689094 274000 149600 18489 10407469 0.78000 0.22000 false false 3203732 3203732 59933036 36625431 23307605 7371853 6052741 1319112 10877 10877 27841326 BENEFICIAL INTEREST IN TRUSTS 2606728 INTEREST RATE SWAP ASSET 259392 2866120 0 ANNUITIES PAYABLE 525101 AND OTHER LIABILITIES 115662 640763 28937220 -2122747 1067955 -1054792 29992012 16436096 16436096 46428108 30089737 156539 156539 29933198 16116678 16116678 46049876 SCHEDULE D, PART V, LINE 4 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 2d COST OF GOODS SOLD $ 87,008 GAIN ON INTEREST RATE SWAP $ 911,416 FUNDRAISING EXPENSE $ 69,531 TOTAL $ 1,067,955 PART XI, LINE 4B SCHOLARSHIPS $16,116,678 GAIN ON BENEFICIAL INTEREST IN TRUSTS $ 319,418 TOTAL $16,436,096 PART XII, LINE 2D COST OF GOODS SOLD $ 87,008 FUNDRAISING EXPENSE $ 69,531 TOTAL $ 156,539 PART XII, LINE 4B SCHOLARSHIPS $16,116,678 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. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 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 6A 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 Sub-Saharan Africa 1 3 Program Services EDUCATION SERVICES 24180 Europe (Including Iceland and Greenland) 1 3 Program Services EDUCATION SERVICES 99109 2 6 2 6 123289 123289 false false false false false false SCHEDULE F, PART I, LINE 2 THE UNIVERSITY TRACKS ALL FOREIGN STUDY EXPENDITURES USING THE ACCRUAL BASIS OF ACCOUNTING. EAB GLOBAL GIVING CAMPAIGN false GALA 2021 138942 133692 5250 16729 16250 26692 9860 0 138942 133692 5250 16729 16250 26692 9860 69531 -64281 true FINANCIAL AID 991 16116678 HEERF EMERGENCY STUDENT GRANTS 711 1863275 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 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 true true X X X false false false false false false false false false GREGG CHENOWETH LEFT 0521 FORMER PRESIDENT 41311 0 0 0 70470 0 0 0 18750 0 130531 0 BARBARA BELLEFEUILLE INTERIM PRESIDENT 173307 0 0 0 12769 0 0 0 5423 0 191499 0 SCHEDULE J, PART I, LINE 1A DURING HIS EMPLOYMENT, GREGG CHENOWETH RECEIVED HOUSING ALLOWANCE THAT WAS NON-TAXABLE UNDER MINISTER'S HOUSING ALLOWANCE RULES. NA N/A 15135 TUITION REMISSION EDUCATIONAL DENNIS ENGBRECHT BROTHER-DAVID ENGRECHT 35590 COMPENSATION false EMILY SHERWOOD BROTHER-IN-LAW-GREGORY 47420 COMPENSATION false JACOB BRUBAKER SON-IN-LAW-HARTMAN 44650 COMPENSATION false CAMI BRUBAKER DAUGHTER-HARTMAN 15840 COMPENSATION false JAMES BENNETT BROTHER-IN-LAW-KINSMAN 82355 COMPENSATION false PAM KINSMAN SISTER-IN-LAW-KINSMAN 23880 COMPENSATION false X 1 183125 APPRAISAL X 5734 FAIR MARKET VALUE X 2 24625 FAIR MARKET VALUE false true false PART 1, COLUMN B COLUMN B REFERS TO THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, LINE 1A 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 1B GREG HARTMAN, JOSHUA GREGORY, ERIC KINSMAN AND DAVID ENGBRECHT ARE CONSIDERED NON-INDEPENDENT DUE TO THE TRANSACTIONS LISTED ON SCHEDULE L. FORM 990, PART VI, SECTION A, LINE 2 BRIAN HABEGGER AND CHARLES HABEGGER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B 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, SECTION B, LINE 12C 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, SECTION B, LINE 15A & 15B 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 6/30/2022. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI RECONCILIATION OF NET ASSETS LINE 9 UNREALIZED GAIN ON INTEREST RATE SWAP $911,416 LOSS ON BENEFICIAL INTEREST IN TRUSTS $-319,418 TOTAL $591,998 INDEPENDENT COLLEGES OF INDIANA INC 30 SOUTH MERIDIAN STREET SUITE 800 INDIANAPOLIS IN 46204 310901001 EDUCATION IN 501(C)(3) 12A 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