2017-05-08T14:47:40-05:00 2016-06-30 BKD LLP 200 E Main St Suite 700 Fort Wayne IN 46802 990 2015-07-01 350935587 BETHEL COLLEGE INC % DAVID ARMSTRONG BETH 5748077221 1001 BETHEL CIRCLE MISHAWAKA IN 46545 DAVID ARMSTRONG VICE PRESIDENT FOR B 5748077700 2017-05-15 true Joyce A Dulworth P00151125 2604604000 2015 2021-01-29 14:40:06Z DR GREGG CHENOWETH 1001 BETHEL CIRCLE MISHAWAKA IN 46545 47417241 false X WWW.BETHELCOLLEGE.EDU X 1947 IN BETHEL COLLEGE PROVIDES LIBERATING ACADEMIC AND CO-CURRICULAR PROGRAMS TO CHALLENGE THE MIND, ENLARGE THE VISION AND EQUIP THE WHOLE PERSON FOR LIFELONG SERVICE. 18 15 1140 100 307580 1969901 5130072 39094552 39134497 389067 320394 189473 319077 41642993 44904040 11215781 12312659 0 0 18465528 17960143 0 0 1121441 13495509 12373381 43176818 42646183 -1533825 2257857 50198640 52777937 29579561 29808846 20619079 22969091 X CHALLENGING ACADEMIC COURSES, STUDY ABROAD PROGRAMS, INTERNSHIPS, SHORT-TERM MISSION EXPERIENCES, AND LOCAL SERVICE OPPORTUNITIES ARE A FEW OF THE WAYS BETHEL COLLEGE 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 COLLEGE 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 35029646 12312659 39153443 BETHEL COLLEGE PROVIDED EDUCATIONAL SERVICES TO APPROXIMATELY 1,700 STUDENTS DURING THE 2015/2016 ACADEMIC YEAR. THIS INCLUDES OVER FIFTY (50) ACADEMIC PROGRAMS, AWARDING BOTH GRADUATE AND UNDERGRADUATE DEGREES. 35029646 true true false false false false false false false true true false false false true false true false true true true false false false true false false false true true true false false false false false false true true true true true false false false false true false false false true 2515 0 true 1140 true true true false false false false true true false false false false X 18 15 false false false false false false false true true false false true true true true true false true true false IN X DAVID ARMSTRONG 5748077700 1001 BETHEL CIRCLE MISHAWAKA IN 46545 MELINDA BROWN TRUSTEE 1.0 0.0 X 0 0 0 SAM DAVENPORT TRUSTEE 1.0 0.0 X 0 0 0 JUDITH DAVIS TRUSTEE 1.0 0.0 X 0 0 0 DAVID ENGBRECHT TRUSTEE 1.0 0.0 X 0 0 0 JOSHUA GREGORY TRUSTEE 1.0 0.0 X 0 0 0 KAROL GRIFFIN BOARD SECRETARY 1.0 0.0 X X 0 0 0 BRIAN HAMIL BOARD CHAIR 1.0 0.0 X X 0 0 0 GREG HARTMAN TRUSTEE 1.0 0.0 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 1.0 0.0 X 0 0 0 RANDALL LEHMAN 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 RICKARDO TAYLOR TRUSTEE 1.0 0.0 X 0 0 0 JERRY THACKER TRUSTEE 1.0 0.0 X 0 0 0 LEROY TROYER TRUSTEE 1.0 0.0 X 0 0 0 KATHY ROGERS TRUSTEE 1.0 0.0 X 0 0 0 BARB BELLEFEUILLE VP - ACADEMIC SERVICES 40.0 0.0 X 128216 0 25739 GREGG CHENOWETH PRESIDENT 40.0 0.0 X 209323 0 68583 RICK MUNROE VP - INSTITUTIONAL ADVANCEMENT 40.0 0.0 X 133625 0 19381 SHAWN HOLTGREN VP - STUDENT DEVELOPMENT 40.0 0.0 X 81744 0 26417 TONI PAULS VP - ADULT & GRADUATE STUDIES 40.0 0.0 X 103981 0 41470 DAVID ARMSTRONG - BEGAN 815 VP FOR BUSINESS SERVICES 40.0 0.0 X 41530 0 17981 STEVEN CRAMER-LEFT 614 FORMER PRESIDENT 40.0 0.0 X 120000 0 0 818419 0 199571 5 true true false AKADEMOS INC 200 CONNECTICUT AVE 2B NORWALK CT 06854 TEXT BOOKS 321440 ANCON CONSTRUCTION CO INC 2145 ELKHART ROAD GOSHENPHILADELPHIA IN 465261116 CONSTRUCTION SERVICE 384192 GRACE COLLEGE SEMINARY 200 SEMINARY DRIVE WINONA LAKE IN 46590 EDUCATIONAL SERVICES 224566 CAPTURE LLC 2303 RIVER ROAD LOUISVILLE KY 40206 RECRUITMENT SERVICE 257000 SODEXO INC AFFILIATES 4880 PAYSHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2248134 15 24395 82652 5023025 219776 5130072 TUITION AND FEES 611710 31838842 31838842 RESIDENCE HALLS 611710 5764589 5764589 OTHER PROGRAM REVENUE 611710 1531066 1531066 39134497 186136 186136 0 0 0 0 0 2488703 2354445 134258 134258 134258 8840 24395 16289 -7449 -7449 0 161413 142467 18946 18946 CONFERENCE SERVICES 611710 307580 307580 307580 44904040 39153443 307580 312945 0 12312659 12312659 0 0 1031201 293892 554385 182924 213136 173559 35174 4403 12853838 10467050 2121265 265523 223658 177110 40311 6237 2689177 1963099 618511 107567 949133 692867 218301 37965 0 25192 25192 56800 56800 0 0 50733 50733 2827315 2544646 228422 54247 511542 453131 20933 37478 1504692 1033563 338363 132766 588860 526321 47956 14583 10586 10586 1085684 718337 237695 129652 348358 293889 43733 10736 0 214164 145231 51564 17369 932994 578456 326548 27990 0 2208716 1371034 766253 71429 365062 135413 229649 MISCELLANEOUS 1642683 1138803 483308 20572 42646183 35029646 6495096 1121441 1500 1500 4177487 5028671 118906 1955813 1136253 1086400 0 0 0 0 0 0 266977 285078 701528 615569 66335440 34869976 32529191 31465464 9261886 9761177 0 0 0 0 0 0 2004912 2578265 50198640 52777937 6216523 4499257 0 0 2277698 2278782 17196602 17983560 0 0 0 0 2059768 2810419 903311 885411 925659 1351417 29579561 29808846 X 8808245 9354031 4211264 5558175 7599570 8056885 20619079 22969091 50198640 52777937 X 2257857 -251828 343983 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10369946 563136 160221 189300 106294 28533 10769176 10369370 156704 285457 162755 278830 10369946 9099124 256572 1242642 128468 100500 10369370 8174499 378714 828532 190971 91650 9099124 7723311 754596 -67588 140669 95151 8174499 0.24000 0.60000 0.16000 false false 3203732 3203732 53036672 26018215 27018457 10058871 8851761 1207110 36165 36165 31465464 0 ANNUITIES PAYABLE 573877 AND OTHER LIABILITIES 196472 INTEREST RATE SWAP VALUATION 581068 1351417 32699825 -251828 1156526 904698 31795127 13108913 13108913 44904040 30349813 16289 16289 30333524 12312659 12312659 42646183 SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS THE INTENDED USES OF THE ORGANIZATION'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. PART XI, LINE 2D CHANGE IN REGULATORY CLAIM SETTLEMENT 1,140,237 FUNDRAISING EXPENSE 16,289 TOTAL $1,156,526 PART XI, LINE 4B SCHOLARSHIPS 12,312,659 UNREALIZED LOSS ON INTEREST RATE SWAP 690,433 LOSS ON BENEFICIAL INTEREST IN TRUSTS 105,821 TOTAL $13,108,913 PART XII, LINE 2D FUNDRAISING EXPENSE $16,289 PART XII, LINE 4B SCHOLARSHIPS $12,312,659 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 COLLEGE CATALOG WITHIN THE CONTEXT OF ITS RELIGIOUS PRINCIPLES, HERITAGE, AND MISSION. BETHEL COLLEGE 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 COLLEGE ADMINISTERED PROGRAMS. THE COLLEGE 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 COLLEGE 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 COLLEGE 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. SUB-SAHARAN AFRICA 1 1 PROGRAM SERVICES EDUCATIONAL SERVICES 29751 EAST ASIA AND THE PACIFIC 1 1 PROGRAM SERVICES EDUCATIONAL SERVICES 6652 MIDDLE EAST AND NORTH AFRICA 1 2 PROGRAM SERVICES EDUCATIONAL SERVICES 28161 3 4 3 4 64564 64564 false false false false false false SCHEDULE F, PART I, LINE 2 THE ORGANIZATION TRACKS ALL FOREIGN STUDY EXPENDITURES USING THE ACCRUAL BASIS OF ACCOUNTING. GOLF OUTING 33235 24395 8840 2500 6120 6621 800 248 0 33235 24395 8840 2500 6120 6621 800 248 16289 -7449 true ACADEMIC SCHOLARSHIPS 1037 12312659 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 true false false false false false false true false BARB BELLEFEUILLE VP - ACADEMIC SERVICES 126536 0 1000 0 680 0 17265 0 8474 0 153955 0 0 0 GREGG CHENOWETH PRESIDENT 175730 0 27351 0 6242 0 19400 0 49183 0 277906 0 0 0 RICK MUNROE VP - INSTITUTIONAL ADVANCEMENT 125647 0 0 0 7978 0 0 0 19381 0 153006 0 0 0 STEVEN CRAMER-LEFT 614 FORMER PRESIDENT 0 0 60000 0 60000 0 0 0 0 0 120000 0 0 0 SCHEDULE J, PART I, LINE 1A GREGG CHENOWETH AND DAVID ARMSTRONG RECEIVE HOUSING ALLOWANCES THAT ARE NON-TAXABLE UNDER THE MINISTERS' HOUSING ALLOWANCE RULES. RICK MUNROE RECEIVED A CAMPUS HOUSING ALLOWANCE WHICH IS CONSIDERED TAXABLE AND INCLUDED ON HIS W-2. SCHEDULE J, PART I, LINE 4A A FORMAL SEVERANCE PLAN WAS EXECUTED AND PAID OUT TO STEVEN CRAMER IN THE AMOUNT OF $60,000 DURING THE 2015 CALENDAR YEAR. SCHEDULE J, PART I, LINE 7 IN 2015, THE BOARD DETERMINED A ONE-TIME BONUS WAS NEEDED FOR THE FOLLOWING INDIVIDUALS AND AMOUNTS: GREGG CHENOWETH - $27,351 BARB BELLEFEUILLE - $1,000 SHAWN HOLTGREN - $1,000 TONI PAULS - $1,000 A INDIANA FINANCE AUTHORITY 350035587 2012-07-31 18423000 REFINANCE OF EXISTING DEBT false false false A 13451000 0 18423000 0 0 0 359987 11063013 0 0 0 0 2012 true false true true A false false false false 0 false false false true A false false false true false true MB FINANCIAL BANK 10. false false false 0 false true A true SCHEDULE K, PART IV, LINE 2C THE REBATE CALCULATION WAS PERFORMED IN SEPTEMBER OF 2012. TAMMY CHENOWETH SPOUSE OF PRESIDENT 20873 COMPENSATION false DENNIS ENGBRECHT BROTHER - DAVID ENGBRECHT 89318 COMPENSATION false NATHANAEL HAMIL SON - BRIAN HAMIL 34510 COMPENSATION false MELISSA HAMIL DAUGHTER-IN-LAW - HAMIL 26199 COMPENSATION false JACOB BRUBAKER SON-IN-LAW - HARTMAN 42236 COMPENSATION false X 12 213936 FMV X 1 5100 DEALER PRICE X ATHLETIC TICKETS 1 740 FACE VALUE false true false 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 COLLEGE 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 BRIAN HAMIL, GREG HARTMAN AND DAVID ENGBRECHT ARE CONSIDERED NON-INDEPENDENT DUE TO THE TRANSACTIONS LISTED ON SCHEDULE L. 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 ORGANIZATION'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 COLLEGE 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 AND 15B THE TRUSTEE BOARD REVIEWS AND APPROVES THE PRESIDENT'S COMPENSATION. THE TRUSTEE BOARD USES COMPARABILITY DATA FROM THE INDEPENDENT COLLEGES OF INDIANA AND COUNCIL OF CHRISTIAN COLLEGES AND UNIVERSITIES IN THE REVIEW PROCESS. 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 6/30/2016. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI RECONCILIATION OF NET ASSETS LINE 9 CHANGE IN REGULATORY CLAIM SETTLEMENT $1,140,237 UNREALIZED LOSS ON INTEREST RATE SWAP -$ 690,433 LOSS ON BENEFICIAL INTEREST IN TRUSTS -$ 105,821 TOTAL $ 343,983 INDEPENDENT COLLEGES OF INDIANA INC 30 SOUTH MERIDIAN STREET SUITE 800 INDIANAPOLIS IN 46204 310901001 EDUCATION IN 501(C)(3) 11A NA false CHARITABLE REMAINDER TRUSTS (2) CHAR. REM. TRUSTS IN NA false false false false false false false false false false false false false false false false false false false false