2025-05-13T10:59:00+00:00 2024-06-30 332621854 CRI Capin Crouse Advisors LLC 345 Massachusetts Ave Suite 300 Indianapolis IN 46204 990 2023-07-01 383001876 Calvin Theological Seminary CALV 6169578619 3233 Burton SE Grand Rapids MI 49546 Julius Medenblik President 6169578619 2025-05-13 true true Sara Tibbott P01486965 5055022746 2025-05-13 2023 2025-03-06 01:10:19Z Julius Medenblik 3233 Burton SE Grand Rapids MI 49546 17691909 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. 19 19 115 21 0 0 7731320 7580897 2499498 2783697 5063548 973050 45543 22572 15339909 11360216 1233543 1481116 0 0 5079264 5066928 0 0 776180 4969808 5733962 11282615 12282006 4057294 -921790 88012471 92638677 2677007 2997927 85335464 89640750 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 7952429 1451722 2128173 The Seminary's primary purpose is the education and training of over 300 students to prepare them for ministry and leadership in the church. 929139 29394 665964 Auxiliary Enterprises includes activities for student housing, the Calvin Theological Journal and CTS Forum which provide opportunities for students and faculty as well as the Faculty Heritage Fund which provides funds for research and professional development for seminary faculty. 8881568 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 379 0 true 115 true true true false false false false true true false false false false false false false false X 19 19 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 SE Grand Rapids MI 49546 David Morren Board Chairman 5.0 X X 0 0 0 Scott Greenway Board Vice Chairman 2.0 X X 0 0 0 Susan Keesen Board Secretary 4.0 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 Kristin Vos Board Member 2.0 X 0 0 0 Mark Verbruggen Board Member 2.0 X 0 0 0 Ms Louise Boutin Board Member 2.0 X 0 0 0 Ms Sue Imig Board Member 2.0 X 0 0 0 Paul Boersma Board Member 2.0 X 0 0 0 Rev Alan E van der Woerd Board Member 2.0 X 0 0 0 Rev Arthur J Van Wolde Board Member 2.0 X 0 0 0 Rev Cecil Van Niejenhuis Board Member 2.0 X 0 0 0 Rev Christian Oh Board Member 2.0 X 0 0 0 Rev James Jones Board Member 2.0 X 0 0 0 Rev Robert Drenten Board Member 2.0 X 0 0 0 Theresa Rottschafer Board Member 2.0 X 0 0 0 Margaret Mwenda Chief Operating Officer 40.0 X 108036 0 22786 Randy DeVries Controller 40.0 X 55718 0 10875 Rev Julius T Medenblik JD President 40.0 X 184825 0 29325 Danjuma Gibson Professor of Pastoral Theology, Care and Counseling 40.0 X 100092 0 32345 Robert Knoor Director of Development 40.0 X 119787 0 15492 YUDHA Thianto Tjondrowardojo Chief Academic Officer 40.0 X 106547 0 13988 675005 0 124811 5 false true false 0 680689 1374302 5525906 7580897 Tuition & Fees 813110 2117733 2117733 Auxiliary Enterprises 813110 665964 665964 0 0 0 0 2783697 1388263 1388263 12132 12132 0 0 5747306 5479319 683200 267987 -683200 -415213 -415213 169174 680689 169174 0 0 10440 10440 0 0 10440 11360216 2794137 0 985182 1481116 1481116 0 0 494582 356639 101036 36907 3000 2163 613 224 3837498 2767190 783945 286363 336700 242792 68783 25125 249577 179968 50985 18624 145571 104970 29738 10863 17875 17875 116451 116451 223143 223143 451422 374525 43460 33437 314190 148282 8450 157458 259215 140585 78820 39810 267319 200489 53464 13366 1634402 1148608 480794 5000 393943 268740 87784 37419 125516 97845 15449 12222 694143 520607 138829 34707 Student services 359053 359053 Equipment and maintenance 263962 217730 35426 10806 Subscriptions and memberships 55025 10098 14021 30906 558303 260168 275192 22943 12282006 8881568 2624258 776180 479897 528135 27329 21262 182226 152747 0 0 0 173587 178671 26566557 9959785 15564678 16606772 54966618 59219207 14343344 14326637 951886 861064 1322906 744182 88012471 92638677 1363420 2062060 111712 158192 0 1201875 777675 2677007 2997927 X 28520445 27229295 56815019 62411455 85335464 89640750 88012471 92638677 X -921790 5186285 40791 X false true X true false X 10656726 10508009 8354020 7731320 7580897 44830972 0 0 10656726 10508009 8354020 7731320 7580897 44830972 3623608 41207364 192863 476600 1081085 1151107 1400395 4302050 0 159316 110830 145722 35281 10440 461589 49594611 13986202 0.8309 0.8901 X Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISC INCOME, COLUMN A - 159316.0, COLUMN B - 110830.0, COLUMN C - 145722.0, COLUMN D - 35281.0, COLUMN E - 10440.0, COLUMN F - 461589.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56482543 1442124 5586256 3072528 60438395 52443300 654052 5243591 0 1858400 56482543 56593111 1479649 -3656876 917100 1055484 52443300 46742040 1011516 10174752 706600 628597 56593111 46009129 2716061 -364550 831800 786800 46742040 0.1138 0.8862 0.0 false false 45000 45000 19748380 5780937 13967443 137464 137464 0 5372223 4041384 1330839 1263490 1263490 16606772 Fixed Income and Other Investments 14326637 F Land and Real Estate 14326637 Operating lease liabilities 531758 Due from related party 136769 Federal perkins loan advances 109148 777675 15052207 5186285 215163 5401448 9650759 223143 1486314 1709457 11360216 10746921 169174 169174 10577747 223143 1481116 1704259 12282006 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 events expenses - 169174 Actuarial change in post retirement benefit - 45989 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Scholarships and discounts - 29394 Change in value of split-interest agreements - 5198 Financial aid - 1451722 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising event expenses - 169174 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Financial aid - 1451722 Scholarships and discounts - 29394 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 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. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT Calvin Theological Seminary received federal awards restricted for financial aid from the Federal Perkins Loan Program. GRAM Event 467400 414189 53211 28405 24806 Golf Outing 271987 194648 77339 41682 35657 1 110476 71852 38624 20074 18550 849863 680689 169174 90161 79013 169174 0 true Student Financial Aid 251 1451722 Housing scholarships and discounts 24 29394 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Student financial aid and discounts are 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 184429 0 0 0 396 0 18297 0 11028 0 214150 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. Rev Julius T Medenblik, JD, President and Danjuma Gibson, Professor of Pastoral Theology, Care and Counseling met the qualifications for and received a ministerial housing allowance during the tax year. 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 committee 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 director of the Development and Finance Committee annually review the compensation of the President, Chief Operating Officer, and Controller, 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 Misc revenue - Total Revenue: 10440, Related or Exempt Function Revenue: 10440, 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 Actuarial change in post retirement benefit - 45989; Change in value of split-interest agreements - -5198; 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