2020-05-13T09:33:13-07:00 2019-06-30 990 2018-07-01 383001876 CALVIN THEOLOGICAL SEMINARY CALV 6169578619 3233 Burton St SE Grand Rapids MI 495464387 Chris Dinh Controller 6169576019 2020-05-13 153.106.119.8 2018 2020-09-23 17:36:50Z JULIUS MEDENBLIK 3233 BURTON ST SE GRAND RAPIDS MI 49546 58518154 0 X www.CalvinSeminary.edu X 1876 MI 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. 19 19 155 25 0 0 7026917 9545757 3233064 3364863 1294968 2027639 120490 151041 11675439 15089300 1998306 1956535 0 0 4906744 5218586 12251 11144 620585 3965041 4084591 10882342 11270856 793097 3818444 62838810 66376477 2319127 2046771 60519683 64329706 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 0 0 7123967 0 2565937 The Seminary's primary purpose is the education and training of over 300 students to prepare them for ministry and leadership in the church. 305157 0 0 The Center for Excellence in Preaching offers training and resources for biblically faithful, theologically grounded, culturally relevant and communicationally effective proclamation of the Word of God. 540565 538932 0 The Calvin Prison initiative is a joint program with Calvin College, offering a college degree program to inmates at Handlon Correctional Facility in Ionia, MI 600308 0 0 Other program services 600308 0 0 8569997 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 118 0 1 155 1 1 1 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 0 1 1 0 MI X David Bardolph 6169578619 3233 Burton St SE Grand Rapids MI 495464387 Rev Daniel Brown Board Member 2 0 X 0 0 0 Mr Victor Chen Board Member 2 0 X 0 0 0 Mr Frank Zee Board Member 2 0 X 0 0 0 Ms Susan Strikwerda Board Member 2 0 X 0 0 0 Mr Keith Oosthoek Board Member 2 0 X 0 0 0 Theresa Rottschafer Board Member 2 0 X 0 0 0 Rev Allen Kleine Deters Board Member 2 0 X 0 0 0 Rev Sergio Castillo Board Member 2 0 X 0 0 0 Rev Scott Elgersma Board Member 2 0 X 0 0 0 Mr Sidney Jansma Jr Board President 5 0 X X 0 0 0 David Morren Board Member 2 0 X 0 0 0 Dr Yudha Thianto Board Member 2 0 X 0 0 0 Rev Marc Neleson Board Member 2 0 X 0 0 0 Rev Robert Drenten Board Member 2 0 X 0 0 0 Paul Boersma Board Member 2 0 X 0 0 0 Charles Veenstra Board Member 2 0 X 0 0 0 Rev Curtis Walters Board Vice President 4 0 X X 0 0 0 Ms Heather Garretson Board Secretary 2 0 X 0 0 0 Mr Henry Lane Board Member 2 0 X 0 0 0 Rev Julius T Medenblik JD President 40 0 X X 161954 0 0 161954 0 0 1 0 1 0 0 0 0 88270 2276738 0 7180749 0 9545757 Tuition and fees 813110 2565937 2565937 0 0 Sales and services 813110 798926 798926 0 0 0 0 0 0 3364863 230240 230240 0 0 0 0 0 0 0 0 0 0 0 0 45178563 0 43381164 0 1797399 0 1797399 1797399 0 0 47690 88270 47690 0 0 0 151041 151041 0 0 151041 15089300 5543543 0 0 538932 538932 1417603 1417603 0 0 0 0 152561 51871 50345 50345 0 0 0 0 3821506 2781756 843608 196142 294734 238735 29473 26526 811205 405495 367736 37974 138580 102549 29102 6929 0 0 0 0 24938 0 24938 0 38698 6000 32698 0 0 0 0 0 11144 11144 0 0 0 0 316891 301331 15560 0 256130 114023 18170 123937 294956 172023 56274 66659 206632 153492 46618 6522 0 0 0 0 1274132 983401 285731 5000 286263 126389 107636 52238 0 0 0 0 212648 205818 4869 1961 0 0 0 0 0 0 0 0 441705 331279 88341 22085 27266 25903 1363 0 All other expenses 704332 613397 77812 13123 11270856 8569997 2080274 620585 700010 1576199 850000 100000 30112 42308 1586626 1468755 274030 224274 18222977 8330549 10259317 9892428 117770 122264 48935891 52813706 85054 136543 62838810 66376477 1716711 1602317 347481 201691 254935 242763 2319127 2046771 X 15258676 20953023 23500760 18184255 21760247 25192428 60519683 64329706 62838810 66376477 3818444 -8421 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41353003 1797183 3666090 1416353 0 0 45399923 39791016 1440622 2320319 1589748 0 0 41962209 35486001 1438314 4271314 1404613 0 0 39791016 35285370 2269239 -700758 1367850 0 0 35486001 35816868 1449618 -723956 1257160 0 0 35285370 0.192 0.554 0.254 0 0 0 245000 245000 0 14091370 4907591 9183779 0 137463 135477 1986 0 3749144 3287481 461663 0 0 0 0 9892428 Cash and cash equivalents 12799 F Marketable fixed income securities 5216432 F Equity securities 10267693 F Proprietary funds 207458 F Pooled funds 32404305 F Private capital holdings 3655019 F Land and real estate 1050000 F 52813706 Annuity contracts 133343 Perkins loan advances 109420 242763 13663276 -8421 0 0 0 -8421 13671697 0 1417603 1417603 15089300 9677071 0 0 0 -176182 -176182 9853253 0 1417603 1417603 11270856 Schedule D, Part V, Line 4 Our endowment funds faculty positions, student financial aid, and other institutional support Schedule D, Part XI, Line 4b Financial statements reflect revenue net of student financial aid in the amount of $1,417,603 Schedule D, Part XII, Line 2d Actuarial adjustment for retiree health care benefit liability Schedule D, Part XII, Line 4b Audited financial statements reflect expense net of financial aid in the amount of $1,417,603 Annual Golf Outing 77915 77915 0 0 0 0 22406 0 15227 Sporting Clay Event 10355 10355 0 0 0 8605 0 0 1452 0 88270 88270 0 0 0 8605 22406 0 16679 47690 -47690 1 Calvin University 3201 Burton St SE Grand Rapids MI 49546 383071514 538932 1 0 Student tuition, housing, or other assistance 290 1417603 Schedule I, Part I, Line 2 Student financial aid is awarded after an application and verification process, using FAFSA for establishing financial need, 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 1 1 X 0 0 0 0 0 0 0 0 0 Rev Julius T Medenblik JD President 161954 0 0 0 0 0 0 0 42659 0 204613 0 0 0 Schedule J, Part I, Line 1a The Seminary provides on-campus housing for the President Form 990, Part VI, Section A, Line 7b Some decisions of the Board of Trustees must be ratified by Synod, the governing body of the Christian Reformed Church in North America Form 990, Part VI, Section B, Line 11b Prior to filing, the 990 is reviewed by senior management. Electronic copies are provided to the members of the Board of Trustees Development and Finance Committee Form 990, Part VI, Section B, Line 12c Trustees annually complete a Conflict of Interest questionnaire. Trustees should not ordinarily be involved in business relationships with the school or be compensated other than for expenses incurred in serving on the board. If such conflict arises, a trustee is expected to recuse him/herself from board discussion on such matters. Form 990, Part VI, Section B, Line 15 The chair of the Board of Trustees and the chair of the Development and Finance Committee annually review the compensation of the President and Chief Operating Officer, informed by peer information received from the Association of Theological Schools Form 990, Part VI, Section C, Line 19 Information is available to anyone upon request. A copy of the 990 is available at Guidestar.org Christian Reformed Church in North America 1700 28th St SE Grand Rapids MI 49508 382051351 Church MI Section 501(c)(3) Section 170(b)(1)(A) N/A 0 Calvin College 3201 Burton St SE Grand Rapids MI 49546 383071514 School MI 501(c)(3) 170(b)(1)(A) N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0