2015-02-12T08:57:34-07:00 2014-06-30 990 2013-07-01 383001876 CALVIN THEOLOGICAL SEMINARY CALV 6169578619 3233 Burton St SE Grand Rapids MI 495464387 David Bardolph Controller 6169576019 2015-02-12 2013 2016-02-25 16:41:14Z Julius Medenblik 3233 Burton SE Grand Rapids MI 49546 118378235 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 17 183 0 0 0 5956735 6122440 3195410 3054441 2296251 3569630 7253 -29753 11455649 12716758 1600822 1451250 0 0 4457584 3995437 80454 93654 552020 3318389 3443528 9457249 8983869 1998400 3732889 54153171 59468908 3751618 3383120 50401553 56085788 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 6713894 5000001 The Seminary's primary purpose is the education and training of over 300 students to prepare them for ministry and leadership in the church. 397940 40000 104279 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. 105689 0 92771 The Facing Your Future program offers education, guidance, and support to high school senios who are considering a career in church ministry. 0 0 0 Other program services 0 0 0 7217523 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 1 0 1 0 1 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 72 0 1 183 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 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 2.00 0 X 0 0 0 Ms Wendy Gritter Board Member 2.00 0 X 0 0 0 Rev Jeff Klingenberg Board Member 2.00 0 X 0 0 0 Rev William Wilton Board Member 1 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 0 0 0 Rev Andrew Vander Leek Board Vice President 4 0 X 0 0 0 Dr Yudha Thianto Board Member 2 0 X 0 0 0 Teresa Renkema Board Secretary 4 0 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 129480 0 0 129480 0 0 0 0 0 0 0 0 0 0 2700629 0 3421811 0 6122440 Tuition and fees 813110 2399390 2399390 0 0 Sales and services 813110 649006 649006 0 0 Publication Rroyalties 813110 6045 6045 0 0 0 0 0 0 3054441 272091 272091 0 0 0 0 0 0 0 0 0 0 0 0 108959016 0 105661477 0 3297539 0 3297539 3297539 0 0 0 -29753 -29753 0 0 -29753 12716758 6594318 0 0 40000 40000 1411250 1411250 0 0 295316 100699 140866 53751 0 0 0 0 3840562 2780229 819407 240926 272956 236854 13610 22492 -543717 -428269 -62757 -52691 130320 94340 27805 8175 0 0 0 0 1316 0 1316 0 34911 5900 29011 0 0 0 0 0 93654 93654 0 0 0 0 259240 225848 25704 7688 198386 138275 19677 40434 132455 86612 23844 21999 288732 127746 103638 57348 0 0 0 0 1348019 1125211 222808 0 266282 149881 76056 40345 0 0 0 0 187147 165148 21083 916 0 0 0 0 0 0 0 0 425473 404199 21274 0 32267 29545 2722 0 Program 269300 269300 0 0 Allocate IT costs 0 254755 -271738 16983 0 8983869 7217523 1214326 552020 285683 0 3197343 2250762 144602 89006 81987 49721 0 0 1864706 1927711 13023 5600 17125751 6192898 11040546 10932853 0 106716 111531 37309691 43969461 108874 132263 54153171 59468908 3108659 1945934 167609 932911 475350 504275 3751618 3383120 X 12209195 13547510 22260814 25325974 15931544 17212304 50401553 56085788 54153171 59468908 3732889 1951346 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 23642952 645207 2453967 1830600 0 0 24911526 0.02 0.98 0 0 0 0 245000 245000 0 13517272 3349449 10167823 0 137464 131133 6331 0 3226015 2712316 513699 0 0 0 0 10932853 Mutual funds 32147581 F Cash and cash equivalents 6801262 F Hedge funds 3756649 F Real estate 1100000 F Private capital holdings 163969 F 43969461 0 Federal loan advances 312916 Annuity contracts 191359 504275 13495587 1951346 0 0 0 1951346 11544241 0 1172517 1172517 12716758 7811352 0 0 0 0 0 7811352 0 1172517 1172517 8983869 Schedule D, Part V, Line 4 Most of the endowment funds provide scholarships and other financial assistance for our students. Some other endowments fund faculty positions and provide administrative support. Schedule D, Part XI, Line 4b Audited financial statements reflect revenue and expenses net of financial aid of $1,172,517 Schedule D, Part XII, Line 2d Audited financial statements reflect tuition and housing financial aid as a contra-revenue rather than as expense. Schedule D, Part XII, Line 4b Audited financial statements show tuition and housing financial aid as a contra revenue, not expense 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 All published ads include a non-discrimination policy statement. The policy statement is also on our admission application. North America (including Canada and Mexico, but not the United States) 0 0 Fundraising 27500 0 0 27500 0 0 0 0 0 0 X X X X X 1 J Milito & Associates 1133 Maplegrove Dr NW Grand Rapids MI 49504 Phone solicitation 0 210099 93654 116445 210099 93654 116445 All States 1 Calvin Institute for Christian Worship 383071514 501(3)(3) 40000 Worship syymposium 1 0 Student tuition, housing, and other assistance 275 1326085 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 or 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 students' accounts. Form 990, Part VI, Section A, Line 7b Part VI, 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 Part VI, Line 12c - Trustees annually complete a Conflict of Interest questionnaire. Trustees should not ordinarily be engaged in business relationships with the school, be compensated by it other than for 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 Part VI, Line 15 - The Chairman of the Board of Trustees and the Chairman f 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 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