2014-02-20T10:38:38-06:00 2013-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST STE 2300 MINNEAPOLIS MN 55402 990 2012-07-01 410747165 BETHANY LUTHERAN COLLEGE INC BETH 5073447000 700 LUTHER DRIVE MANKATO MN 56001 DAN R BRUSS 5073447000 2014-02-13 1 LAWRENCE H MOHR CPA P00447603 6128764500 2012 2015-11-30 17:44:51Z DAN R BRUSS 700 LUTHER DRIVE MANKATO MN 56001 41690239 0 X WWW.BLC.EDU X 1927 MN BETHANY LUTHERAN COLLEGE IS A PRIVATE, RESIDENTIAL, LIBERAL ARTS COLLEGE COMMITTED TO THE TEACHINGS OF THE BIBLE AS SET FORTH IN THE LUTHERAN CONFESSIONS. BETHANY PROVIDES STUDIES CULMINATING IN A BACHELOR OF ARTS DEGREE. BETHANY LUTHERAN THEOLOGICAL SEMINARY EXISTS IN ORDER TO TRAIN MEN FOR THE PUBLIC MINISTRY IN THE ELS AS WELL AS TO SERVE THE SYNOD'S THEOLOGICAL NEEDS. 12 12 655 16 0 0 5360719 5743697 16200299 16269070 1221457 1592825 426136 162700 23208611 23768292 5661698 5792471 0 0 9917968 9953260 0 0 836654 7940670 8256814 23520336 24002545 -311725 -234253 89303208 98075161 9628684 17151559 79674524 80923602 X BETHANY LUTHERAN COLLEGE, OWNED AND OPERATED BY THE EVANGELICAL LUTHERAN SYNOD, IS A PRIVATE, RESIDENTIAL, LIBERAL ARTS COLLEGE COMMITTED TO THE TEACHINGS OF THE BIBLE AS SET FORTH IN THE LUTHERAN CONFESSIONS. BETHANY PROVIDES STUDIES CULMINATING IN A BACHELOR OF ARTS DEGREE. THE COLLEGE SERVES LUTHERANS AND OTHERS BY OFFERING A CHALLENGING, STUDENT-CENTERED APPROACH TO EDUCATION THAT FOSTERS SPIRITUAL DEVELOPMENT, INTELLECTUAL AND CREATIVE GROWTH, SELF-UNDERSTANDING, AND RESPONSIBLE CITIZENSHIP. IN KEEPING WITH ITS HERITAGE, BETHANY ASPIRES TO PRODUCE STUDENTS WITH A CLEAR UNDERSTANDING OF CHRISTIAN VOCATION, WHICH ENCOURAGES STUDENTS TO MAKE THE MOST OF THEIR GOD-GIVEN TALENTS. 0 0 5607474 12952036 INSTRUCTION: BETHANY LUTHERAN COLLEGE AWARDS THE BACHELOR OF ARTS DEGREES WITH MAJORS IN MORE THAN 19 SUBJECT AREAS AND A MASTER OF DIVINITY AND A MASTER OF ARTS DEGREES. THE 2012-2013 ACADEMIC YEAR ENROLLMENT WAS 577 FULL TIME EQUIVALENT (FTE) STUDENTS IN THE FALL SEMESTER AND 530 FTE STUDENTS ENROLLED IN THE SPRING SEMESTER. OF THE TOTAL NUMBER OF STUDENTS ENROLLED IN 2012-2013 ACADEMIC YEAR, 129 MET THE REQUIREMENTS OF GRADUATION. 5792471 5792471 373203 STUDENT SERVICES & ACADEMIC SUPPORT: BETHANY BOASTS A LONG-STANDING COMMITMENT TO EDUCATING THE WHOLE PERSON BY NOURISHING THE INTELLECTUAL, SPIRITUAL, EMOTIONAL, SOCIAL AND PHYSICAL DIMENSIONS OF STUDENTS' LIVES. THE COLLEGE OFFERS A CURRICULUM THAT CHALLENGES STUDENTS TO THINK CRITICALLY AND EXPRESS THEMSELVES EFFECTIVELY, A CAMPUS LIFE THAT ENCOURAGES INVOLVEMENT AND SERVICE (OVER 20 STUDENT ORGANIZATIONS), A COMMUNITY OF FAITH THAT NURTURES SPIRITUAL GROWTH AND DEVELOPS MORAL RESPONSIBILITY, AND CO-CURRICULAR ACTIVITIES THAT INSPIRE STUDENTS TO TEST THEIR OWN LIMITS AND EXPRESS THEIR INDIVIDUALITY. 2612924 3021352 AUXILIARY ENTERPRISES AT BETHANY LUTHERAN COLLEGE PROVIDES 5 RESIDENCE HALLS ON CAMPUS, 2 DINING VENUES, AND A BOOKSTORE FOR STUDENTS, FACULTY AND STAFF. OF THE TOTAL STUDENT BODY, 67% OF ENROLLED STUDENTS LIVED ON-CAMPUS AND PARTICIPATED IN THE RESIDENT STUDENT BOARD PLAN. 375 STUDENTS RESIDED IN CAMPUS HOUSING IN THE 2012-2013 FALL SEMESTER AND 341 IN THE SPRING SEMESTER. 6597898 0 OTHER PROGRAM SERVICES INCLUDE OPERATIONS AND MAINTENANCE OF PLANT AND INSTITUTIONAL SUPPORT. THESE PROGRAMS PROVIDE SERVICES TO OPERATE AND MAINTAIN BUILDINGS AND GROUNDS AND TO SUPPORT INSTITUTIONAL OPERATIONS OTHER THAN MANAGEMENT AND GENERAL. 6597898 20610767 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 69 0 655 1 0 0 0 0 0 1 1 0 0 0 0 X 12 12 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MN X X DANIEL MUNDAHL 5073447739 700 LUTHER DRIVE MANKATO MN 56001 HAROLD THEISTE 1.00 0.00 X X 0 0 0 REV KENNETH SCHMIDT 1.00 0.00 X 0 0 0 DR WILLIS ANTHONY 1.00 0.00 X 0 0 0 REV MARK BARTELS 1.00 0.00 X 0 0 0 PAUL CHAMBERLIN 1.00 0.00 X X 0 0 0 LYLE FAHNING 1.00 1.00 X 0 0 0 REV HERBERT HUHNERKOCH 1.00 0.00 X X 0 0 0 JAMES MINOR 1.00 0.00 X 0 0 0 TIM THIELE 1.00 0.00 X 0 0 0 REV DR J KINCAID SMITH 1.00 0.00 X 0 0 0 BRUCE GRATZ 1.00 0.00 X 0 0 0 REV ERWIN EKHOFF 1.00 0.00 X 0 0 0 DR DAN BRUSS 40.00 0.00 X 152520 0 52403 DANIEL MUNDAHL 40.00 0.00 X 115849 0 15107 ARTHUR WESTPHAL 40.00 0.00 X 92518 0 15933 STEVEN JAEGER 40.00 0.00 X 84396 0 27772 GREGORY COSTELLO 40.00 0.00 X 71163 0 16049 ERIC WOLLER 40.00 0.00 X 89541 0 28717 REV GAYLIN SCHMELING 40.00 1.00 X 78832 0 33613 684819 0 189594 2 0 1 0 PIONEER COLLEGE CATERERS 12351 W 96TH TERRACE SUITE 204 LENEXA KS 66215 FOOD SERVICE 776930 NOEL-LEVITZ 6300 SOUTH SYRACUSE WAY SUITE 645 CENTENNIAL CO 80111 MARKETING 148071 SECURITAS SECURITY SERVICES USA INC 5000 OLSON MEMORIAL HWY STE 200 MINNEAPOLIS MN 55422 SECURITY SERVICES 129515 LAKE CRYSTAL COACHES 59780 235TH ST MADISON LAKE MN 56063 COACH BUS TRANSPORTATION 112226 4 4962 138501 5600234 5743697 TUITION AND FEES 611710 12912176 12912176 AUXILIARY ENTERPRISES 611710 2943831 2943831 ACADEMIC, INSTITUTIONA 611710 260102 260102 STUDENT ACTIVITIES 611710 113101 113101 VICARAGE AND STUDENT P 611710 39860 39860 16269070 594420 594420 99026 52936 46090 46090 46090 18845695 17847290 998405 998405 998405 35533 4962 21721 13812 13812 FINANCE CHARGES & COST 900099 53811 53811 OTHER INCOME 900099 25277 25277 CONVENTIONS 900099 23710 23710 102798 23768292 16346591 0 1678004 5792471 5792471 876066 207170 518366 150530 6679179 5429328 911526 338325 492296 383415 78720 30161 1411345 1098866 247547 64932 494374 376826 86069 31479 1606 1606 48091 48091 87204 87204 1229464 1068394 113206 47864 115346 25826 37127 52393 626778 522668 35074 69036 218941 185146 27187 6608 793404 774338 19066 628970 554955 47804 26211 47261 38560 5197 3504 196196 193950 2246 2389576 2320462 69114 176978 176978 EQUIPMENT REPAIR & MAIN 677091 644744 29495 2852 DUES & MEMBERSHIPS 91769 78534 6616 6619 BOOKS & SUBSCRIPTIONS 31349 29474 1310 565 PLEDGED CONTRIBUTIONS W 16725 5575 5575 5575 880065 880065 24002545 20610767 2555124 836654 1383556 852931 470931 304464 170836 192203 486838 847629 241872 250789 18905 4422 86060421 33401593 54431988 52658828 21425034 27311830 9760664 14687728 912584 964337 89303208 98075161 903572 1024844 6250000 13959199 500053 0 1975059 2167516 9628684 17151559 X 14712695 15316622 34091147 33559603 30870682 32047377 79674524 80923602 89303208 98075161 X -234253 1467399 15932 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 97361 97361 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: AMOUNT ON PART II-B, LINE 1I IS EQUAL TO THE TOTAL AMOUNT OF DUES PAID BY BETHANY LUTHERAN COLLEGE DURING THE FISCAL YEAR TO MINNESOTA PRIVATE COLLEGE COUNCIL, AN ASSOCIATION THAT SERVES A VARIETY OF ITS MEMBERS' SHARED NEEDS, INCLUDING, BUT NOT ONLY, NONPARTISAN AND NON-ELECTORAL ADVOCACY FOR PUBLIC POLICY THAT MEETS STUDENTS' NEEDS AND ADVANCES THE INTEREST OF PRIVATE HIGHER EDUCATION. A PORTION OF THIS AMOUNT, BUT NOT ALL OF IT, SUPPORTED ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("LOBBYING"). 37433399 1636952 3038807 1106004 911983 193950 39897221 37015377 2496181 -629040 1204306 155586 89227 37433399 31182391 2612501 5262342 1477007 471482 93368 37015377 28729702 1408517 1956498 1604012 784352 92666 31182391 46034851 2054424 -11085219 1071087 6923546 279721 28729702 0.08280 0.79000 0.12720 0 1 1 6964808 6964808 65377400 22080611 43296789 11076375 9729696 1346679 2641838 1591286 1050552 52658828 ANNUITY CONTRACTS 20532 F CSV OF LIFE INSURANCE POLICIES 370752 F DYNAMIC ASSET ALLOCATION OVERLAY FUND 9045804 F FUNDS OF HEDGE FUNDS 5250640 F 14687728 ANNUITIES PAYABLE 1245675 DEPOSITS HELD IN CUSTODY FOR OTHERS 396371 DEPOSIT ACCOUNTS 67030 GOVERNMENT GRANTS REFUNDABLE 458440 2167516 X 19446605 1467399 157763 1625162 17821443 87204 5859645 5946849 23768292 18197527 74657 74657 18122870 87204 5792471 5879675 24002545 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: BETHANY LUTHERAN COLLEGE'S ENDOWMENT FUNDS ARE USED TO FUND SCHOLARSHIPS TO STUDENTS, THE GENERAL OPERATIONS OF THE COLLEGE, AND OTHER SPECIAL PROJECTS SUCH AS FACULTY DEVELOPMENT, DEPARTMENTAL NEEDS AND LIBRARY NEEDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE CORPORATION FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE CORPORATION FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2013 AND JUNE 30, 2012. THE CORPORATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR THE CURRENT YEAR AS WELL AS FISCAL YEARS 2010 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON BENEFICIAL INTEREST IN FUNDS HELD IN TRUST 12,922. UNREALIZED GAIN ON BENEFICIAL INTEREST HELD IN PERPETUAL TRUST 70,184. DIRECT FUNDRAISING EVENT EXPENSES 21,721. DIRECT RENTAL EXPENSES 52,936. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 5,792,471. ACTUARIAL ADJUSTMENT 67,174. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 21,721. DIRECT RENTAL EXPENSES 52,936. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 5,792,471. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE USE OF THESE MEDIA FORMATS ARE PRIMARILY USED FOR EVENT RELATED ACTIVITIES. THE COLLEGE DOES NOT USE THEM TO SOLICIT STUDENTS FOR ENROLLMENT. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 BETHANY LUTHERAN COLLEGE PARTICIPATES IN TITLE IV FINANCIAL AID PROGRAMS, SO MANY STUDENTS RECEIVE AID THROUGH FEDERAL AND STATE AGENCIES. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENT ACTIVITIES 5115234 0 0 0 0 0 0 5115234 0 5115234 1 0 0 1 0 0 MANKATO GOLF OUTING 28623 3698 24925 2963 4788 5764 1142 LAUBE GOLF OUTING 11872 1264 10608 2245 3657 1033 129 40495 4962 35533 5208 8445 6797 1271 21721 13812 1 SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS - SEE COLLEGE FOR DETAILED LIST 572 5792471 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: BETHANY LUTHERAN COLLEGE OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THEIR OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE OF THIS FORM MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS WHETHER PUT IN PLACE BY THE COLLEGE OR BY DONORS OF RESTRICTED FUNDS. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR DAN BRUSS 150263 0 0 0 2257 0 21980 0 30423 0 204923 0 0 0 PART I, LINE 1A THE PRESIDENT'S WIFE TRAVELS WITH THE PRESIDENT ON SEVERAL DIFFERENT OCCASIONS. SHE RECEIVES A STIPEND FOR THE TRAVEL AND IT IS COUNTED AS PART OF HER DUTIES TO TRAVEL WITH THE PRESIDENT AS NEEDED. THE PRESIDENT IS PROVIDED HOUSING AS PART OF HIS BENEFIT PACKAGE. ARTHUR WESTPHAL AND DANIEL MUNDAHL HAVE MEMBERSHIPS AT THE MANKATO GOLF CLUB FOR BUSINESS PURPOSES ONLY. THEY USE THEIR MEMBERSHIPS FOR BETHANY LUTHERAN COLLEGE BUSINESS, ENTERTAINING DONORS AND OTHER CLIENTS. FORM 990, PART VI, SECTION A, LINE 2 JOHN MOLDSTAD, PRESIDENT OF THE EVANGELICAL LUTHERAN SYNOD HAS A FAMILY RELATIONSHIP WITH THE COLLEGE PRESIDENT, DAN BRUSS, AND THE COLLEGE CHAPLAIN DON MOLDSTAD. FORM 990, PART VI, SECTION A, LINE 7A THE ELS DELEGATES HAVE THE AUTHORITY OR RIGHT TO ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE AT THEIR FEBRUARY MEETING EACH YEAR. AFTER THE FORM 990 IS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE, THE REDACTED PUBLIC DISCLOSURE COPY OF THE 990 IS PROVIDED TO THE BOARD OF REGENTS FOR REVIEW PRIOR TO THE FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE FULL BOARD OF REGENTS IS ASKED TO READ AND SIGN THE CONFLICT OF INTEREST POLICY. IF A CONFLICT IS DETERMINED TO EXSIST THE BOARD MEMBER INVOLVED WOULD ABSTAIN FROM VOTING ON THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 DANIEL MUNDAHL, CFAO, GATHERS INFORMATION FROM CUPA, THE CHRONICLE OF HIGHER EDUCATION AND FROM MPCC (MN PRIVATE COLLEGE COUNCIL) FOR COMPARISONS USING THE MEDIAN MEASURE AND LOOKING AT COLLEGES OF SIMILAR SIZE AND PURPOSE. THIS INFORMATION IS PROVIDED TO THE EXECUTIVE COMMITTEE WHO REVIEWS, EVALUATES, AND DETERMINES COMPENSATION FOR THE PRESIDENT, OFFICERS AND OTHER INDIVIDUALS. FORM 990, PART VI, SECTION C, LINE 19 ALL POLICIES THAT ARE AVAILABLE FOR PUBLIC VIEWING WOULD BE MADE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT -67,174. UNREALIZED GAIN ON BENEFICIAL INTEREST IN FUNDS HELD IN TRUST 12,922. UNREALIZED GAIN ON BENEFICIAL INTEREST HELD IN PERPETUAL TRUST 70,184. FORM 990, PART XII, LINE 2C THE OVERSIGHT AND SELECTION PROCESS OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEAR. EVANGELICAL LUTHERAN SYNOD 6 BROWNS COURT MANKATO MN 56001 237181739 RELIGIOUS NOT-FOR-PROFIT MN 501(C)(3) LINE 1 N/A 0 CHARITABLE REMAINDER UNITRUST (4) CHARITABLE TRUST MN T 0 CHARITABLE REMAINDER ANNUITY TRUST (1) CHARITABLE TRUST MN T 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0