2016-02-10T14:30:54-07:00 2015-06-30 990 2014-07-01 383001876 CALVIN THEOLOGICAL SEMINARY CALV 6169578619 3233 Burton St SE Grand Rapids MI 495464387 David Bardolph Controller 6169576019 2016-02-10 2014 2016-04-25 22:37:26Z Julius Medenblik 3233 Burton St SE Grand Rapids MI 49546 19009445 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. 17 17 186 0 0 0 6122440 7040231 3054441 3167513 3569630 -864085 -29753 35932 12716758 9379591 1451250 1950838 0 0 3995437 5210844 93654 64839 618069 3443528 3619406 8983869 10845927 3732889 -1466336 59468908 57682394 3383120 2876327 56085788 54806067 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 1 0 8031613 0 2437514 The Seminary's primary purpose is the education and training of over 300 students to prepare them for ministry and leadership in the church. 322777 40000 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. 421685 400000 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 0 0 0 Other program services 0 0 0 8776075 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 88 0 1 186 1 0 0 0 0 0 0 0 1 1 0 0 0 X 17 17 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 Ms Susan Keesen Board Member 2 0 X 0 0 0 Rev Victor Ko Board Member 2 0 X 0 0 0 Ms Wendy Gritter Board Member 2 0 X 0 0 0 Rev Jeff Klingenberg Board Member 2 0 X 0 0 0 Rev William Wilton Board Member 2 0 X 0 0 0 Rev William Sytsma Board Member 2 0 X 0 0 0 Mr Myles Kuperus Board Member 2 0 X 0 0 0 Mr Hank Vander Laan Board Member 2 0 X 0 0 0 Dr Donald Belanus Board Member 2 0 X 0 0 0 Mr Sidney Jansma Jr Board President 4 0 X X 0 0 0 Rev Andrew Vander Leek Board Vice President 4 0 X X 0 0 0 Dr Yudha Thianto Board Member 2 0 X 0 0 0 Teresa Renkema Board Secretary 4 0 X X 0 0 0 Rev John Dykhuis Board Member 2 0 X 0 0 0 Dr Karen DeMol Board Member 2 0 X 0 0 0 Rev Timothy Ouwinga Board Member 2 0 X 0 0 0 Rev Curtis Walters Board Member 2 0 X 0 0 0 Rev Julius T Medenblik JD President 40 0 X X 100186 0 36360 100186 0 36360 1 0 0 0 0 0 0 0 2567057 0 4473174 0 7040231 Tuition and fees 813110 2437514 2437514 0 0 Sales and Services 813110 729999 729999 0 0 0 0 0 0 3167513 98703 98703 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8667066 0 9629854 0 -962788 0 -962788 -962788 0 0 0 35932 35932 0 0 35932 9379591 2339360 0 0 440000 440000 1510838 1510838 122227 41557 40335 40335 4019419 2886075 903732 229612 291708 241934 26406 23368 652446 533190 62940 56316 125044 89786 28115 7143 2025 2025 36865 6000 30865 64839 64839 230078 205232 24213 633 253036 162294 18928 71814 136603 97262 21167 18174 265927 113657 101396 50874 1000 1000 1173044 1090588 82456 294966 174777 65417 54772 80761 60546 20026 189 1050 1050 420796 399756 21040 32267 29545 2722 Program expenses 690988 690988 0 0 10845927 8776075 1451783 618069 0 2250762 2726304 89006 65300 49721 60063 0 0 0 0 1927711 1923567 5600 28358 17408118 6635640 10932853 10772478 0 111531 116668 43969461 41959021 132263 30635 59468908 57682394 1945934 1690401 932911 696850 504275 489076 3383120 2876327 X 13547510 13301835 25325974 23065394 17212304 18438838 56085788 54806067 59468908 57682394 -1466336 186615 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35816868 1449618 -723956 1257160 0 0 35285370 30552487 1297560 5451801 1484980 0 0 35816868 26039214 727201 5280787 1494715 0 0 30552487 29456706 797023 -402329 3818986 -6800 0 26039214 24911526 557599 5604546 1613949 3016 0 29456706 0.02 0.98 0 0 0 0 245000 245000 0 13718637 3651275 10067362 0 137464 132268 5196 0 3307017 2852097 454920 0 0 0 0 10772478 Pooled funds 25121139 F Mutual Funds 10538234 F Hedge funds 4109071 F Real Estate 1000000 F Cash and cash equivalents 389081 F Private equity 801496 F 41959021 0 Federal loan advances 317372 Annuity contracts 171704 489076 8238160 186615 0 0 0 186615 8051545 0 1328046 1328046 9379591 9517881 0 0 0 0 0 9517881 0 1328046 1328046 10845927 Schedule D, Part V, Line 4 Endowment funds are used to provide student financial aid, support for faculty positions and academic programs, and other operating needs. Schedule D, Part XI, Line 4b Audited financial statements reflect revenue and expense net of financial aid of $1,328,046 Schedule D, Part XII, Line 4b Audited financial statements reflect revenue and expenses net of financial aid of $1,328,046 X X X X X 1 J Milito and Associates 1133 Maplegrove Dr NW Grand Rapids MI 49504 Telephone solicitation 0 116800 64839 51961 116800 64839 51961 All States 1 Calvin College 3201 Burton St SE Grand Rapids MI 49546 383071514 400000 Prison ministry Calvin College 3201 Burton St SE Grand Rapids MI 49546 383071514 40000 Calvin Institute for Christian Worship - annual Worship Symposium 1 0 Student tuition, housing, and other assistance 275 1420220 Schedule I, Part I, Line 2 Student financial aid is awarded after an application and eligibility verification process, using the FAFSA for establishing 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 our Financial Aid office; scholarships and awards are applied directly to student accounts. Form 990, Part III, Line 2 The Calvin Prison Initiative is a new program, operated jointly with Calvin College, which offers a college degree program to prisoners at Handlon Correctional Facility in Ionia, MI 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 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 engaged in business relationships with the school or be compensated by it for other than expenses incurred in serving on the board. If such conflict of interest should arise, a trustee is expected to recuse him/herself from board discussion and decision on such matters. Form 990, Part VI, Section B, Line 15 The President of the Board of Trustees and the chairman of the Development and Finance Committee annually review the compensation of the President and the Chief Operating and Financial Officer, informed by peer information received from the Association of Theological Schools. Form 990, Part VI, Section C, Line 19 Information is provided to anyone on 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