2011-05-04T11:17:21-05:00 2010-06-30 Capin Crouse LLP 972 Emerson Parkway Ste A Greenwood IN 46143 990 2009-07-01 350935587 Bethel College Inc BETH 5742593321 1001 Bethel Circle Mishawaka IN 46545 Clair Knapp 5742593321 2011-05-04 1 Todd Ensign 3178852620 2009 2016-02-24 21:20:13Z Dr Steven Cramer 1001 Bethel Circle Mishawaka IN 46545 48106066 0 X www.bethelcollege.edu X 1947 IN Build lives of commitment for leadership in the church, the nation, and the world. 21 21 1248 100 -165248 -407780 3410474 4570652 34202742 36929334 -116431 62027 407959 225352 37904744 41787365 9097112 9341811 0 17656712 17663702 3422 1419 1271866 11228017 12654573 37985263 39661505 -80519 2125860 48109952 45532123 35221790 29950753 12888162 15581370 Bethel College, affiliated with the Missionary Church, is a Christian Community of scholars and learners dedicated to building lives of commitment for leadership in the church, the nation and the world. Bethel provides liberating academic programs to challenge the mind, to enlarge the vision and to equip the whole person for lifelong service. 0 0 28409933 9341811 37313538 Bethel College provided educational services to approximately 2,200 students during the 2009-2010 academic year. This includes over fifty (50) academic programs awarding both graduate and undergraduate degrees. 28409933 1 1 0 0 0 0 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 1 3093 0 1248 1 1 1 0 0 0 0 1 1 0 0 0 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 1 1 IN X Bethel College Inc 5742593321 1001 Bethel Circle Mishawaka IN 46545 Glen Cook 1.00 X 0 0 0 Sam Davenport 1.00 X 0 0 0 David Engbrecht 1.00 X 0 0 0 John Gardner 1.00 X 0 0 0 William Gates 1.00 X 0 0 0 Charles Habegger 1.00 X 0 0 0 Greg Hartman 1.00 X 0 0 0 Michaele Hobson 1.00 X 0 0 0 William Hossler 1.00 X 0 0 0 Daniel Kletzing 1.00 X 0 0 0 Wyn Laidig 1.00 X 0 0 0 Judith Miles 1.00 X 0 0 0 Martin Muoto 1.00 X 0 0 0 Thomas Muselman 1.00 X 0 0 0 Glen Musselman 1.00 X 0 0 0 Daryl Pannabecker 1.00 X 0 0 0 Richard Riddle 1.00 X 0 0 0 Aaron Carpenter 1.00 X 0 0 0 Joel DeSelm 1.00 X 0 0 0 Richard Felix 1.00 X 0 0 0 Brian Hamil 1.00 X 0 0 0 Dr Steven Cramer 40.00 X 187098 0 13064 Clair Knapp 40.00 X 23695 0 1714 Dr Dennis Engbrecht 40.00 X 104536 0 11764 John Myers 40.00 X 108190 0 11686 423519 0 38228 3 0 1 0 Sodexho Inc & Affiliates 4880 Paysphere Circle Chicago IL 60674 Food Service 2058863 Mishawaka Municipal Utilities PO BOox 363 Mishawaka IN 46546 Sewer installation & utilities 672996 Kaser-Spraker Construction PO Box 3605 South Bend IN 46619 Construction 302919 MBS Textbook Exchange PO Box 637 Columbia MO 65205 Textbooks 271511 Grace College & Seminary 200 Seminary Drive Winona Lake IN 46590 Education services 253820 5 10500 385260 4174892 4628 4570652 Tuition & Fees 611600 30655465 30655465 Dining & Residence 611710 5306990 5306990 Bookstore Income 611710 791311 791311 Auxiliary Revenue 611710 175568 175568 36929334 109705 109705 2925 330418 -327493 -327493 -327493 5621469 109900 5665853 113194 -44384 -3294 -47678 -47678 17710 10500 11314 6396 6396 288888 197922 90966 90966 Other Income 900099 384204 384204 Conference Services 812900 71279 71279 455483 41787365 37313538 -165248 68423 10000 10000 9331811 9331811 633135 127273 339125 166737 59000 59000 13620103 11054944 2311847 253312 259692 173273 76367 10052 2069512 1351392 524375 193745 1022260 779985 202407 39868 27502 27502 25533 25533 1419 1419 43564 43564 1053581 696860 288448 68273 286278 218605 25144 42529 3972635 1953784 1693765 325086 267222 195198 66414 5610 17109 17109 1082133 3562 1078571 414520 378600 22679 13241 249289 210889 24785 13615 952339 21 952318 2083142 1347968 682159 53015 111468 2812 108656 Bad Debt Expense 1063165 1063165 Meals Expense 272872 222948 15273 34651 Equipment purchases 201599 170917 24478 6204 Institutional Dues 192944 102741 88073 2130 Bond Service Expenses 164213 164213 173465 59241 71845 42379 39661505 28409933 9979706 1271866 98363 333449 7754 690896 360620 1045629 525643 865596 885500 445532 388575 637860 671316 59067567 22552041 38871785 36515526 2612958 2596675 3073955 2369975 89900 554568 48109952 45532123 3073670 2555579 1228828 1570477 16168000 15299000 1219195 320458 8127352 5373625 3874088 3611520 1530657 1220094 35221790 29950753 X 6940847 5657752 1403392 1673226 4543923 8250392 12888162 15581370 48109952 45532123 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4961226 2409178 247602 17634 7600372 5920163 316844 -1178624 97157 4961226 0.00000 0.91000 0.09000 1 0 3203732 3203732 48183437 16470450 31712987 7680398 6081591 1598807 36515526 Short Term Investments/Commercial Paper 100355 F US Treasury & Government Agency Bonds 216513 F Corporate Bonds 634540 F Trusts Held by Others 1418567 F 2369975 Annuities Payable 991196 Funds Held For Others 175483 Unamortized Premiums 53415 1220094 41787365 39661505 2125860 355393 211955 567348 2693208 32995213 539659 539659 32455554 9331811 9331811 41787365 30869353 539659 539659 30329694 9331811 9331811 39661505 Part V, Line 4: Description of Intended Use of Endowment Funds: The intended use of the organization's endowment funds are as follows: 1) Funding of student scholarships 2) Funding of student loans 3) Faculty enrichment Part XII, Line 2d - Other Adjustments: Special Event Direct Expenses, on 990 part VIII line 8b: 11314. Cost of Good Sold on 990 part VIII line 10b: 197922. Rental Expenses on 990 part VIII line 6b: 330423. Part XII, Line 4b - Other Adjustments: Scholarships & Tuition Discounts grouped with audit revenue: 9331811. Part XIII, Line 2d - Other Adjustments: Special Event Direct Expenses, on 990 part VIII line 8b: 11314. Cost of Good Sold on 990 part VIII line 10b: 197922. Rental Expenses on 990 part VIII line 6b: 330423. Part XIII, Line 4b - Other Adjustments: Scholarships & Tuition Discounts grouped with audit revenue: 9331811. 1 1 1 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 activities of the division. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 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. 1 1 Central America and the Caribbean 1 4 Program services Education programs 132588 East Asia and the Pacific 2 5 Program services Education programs 108701 Middle East and North Africa 1 3 Program services Education programs 63280 4 12 304569 Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: The College has a separate Department Account for all Foreign Study Expenditures. Each Country has a separate project code. The Director of Foreign Study (Semester Abroad) monitors the expenses paid overseas. He is present on-site for at least part of each semester. The documentation (receipts) are submitted to the Business Office and is reviewed by Accounts Payable. Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: The organization tracks all foreign study expeditures via a separate Department Account. Each Country has a separate project code. Golf Outing 28210 10500 17710 1600 4236 4164 1314 28210 10500 17710 1600 4236 4164 1314 11314 6396 1 AuSable Institute 3770 Lake Drive SE Grand Rapids MI 49546 381713340 2 10000 Academic Environmental Science Camp 1 0 Academic Scholarships 1156 9331811 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: 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 in-house scholarships. Qualifications for scholoarships vary. All scholarships are monitored by the financial aid department. X X 0 0 0 0 0 0 0 0 0 Dr Steven Cramer 187098 0 0 0 0 0 4102 0 8962 0 200162 0 0 0 Indiana Educational Facilities Authority 521698917 455048U55 2004-02-12 6375000 Refinance existing debt 0 0 Indiana Finance Authority 351602316 455057LG2 2007-12-13 6059460 Building Construction 0 0 299210 6075790 2004 1 0 1 1 109132 5950328 2007 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 0 0 0 Norman Bridges- Former Director Finance operations X 25000 25000 0 1 1 Barbara Beutler- Former Director Finance operations X 85000 85000 0 1 1 Phillip Bridges- Former Director Finance operations X 119195 110458 0 1 1 Michael Holtgren- Former Director Finance operations X 100000 100000 0 1 1 320458 Terri Cramer President's wife 38268 W-2 Wages 0 David Cramer President's nephew 19940 W-2 Wages 0 Form 990, Part VI, Section B, line 11 Form 990 was prepared by an independent accountant and reviewed by the organization's top management. The reviewed Form 990 was then forwarded to the governing body for review prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest policy is monitored and enforced throughout the year during board meetings, regular contact, and annual disclosure to the governing body. Form 990, Part VI, Section B, line 15 The Trustee Board sets the President's compensation. The President recommends and the Board approves the officer and key employee compensation. Independent Colleges of Indiana and Council of Christian Colleges and Universities comparability data are used as guidelines. The President determines the compensation for officers-approved by the Trustee Board. HR/CFO determine compensation for employees-approved by the President & Trustee Board. Form 990, Part VI, Section C, line 18 The forms are available upon request. Form 990, Part VI, Section C, line 19 These documents are available upon request. FORM 990, PAGE 11, PART XI, LINE 2C EXPLANATION OF RESPONSIBILITY The College has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year. Jefferson Park Properties LLC 1001 Bethel Circle Mishawaka IN 46545 350935587 Property rental IN 2930 1594009 Bethel College Inc