Totals
- Total revenue
- $43,373,503
- Total expenses
- $44,164,162
- Contributions and grants received
- $5,060,473
- Grants paid
- $16,189,758
- Program service revenue
- $37,720,758
- Investment income
- $393,246
- Other revenue
- $199,026
- Total assets, end of year
- $47,831,788
- Total liabilities, end of year
- $17,535,519
- Net assets or fund balances, end of year
- $30,296,269
- Program services expenses (Part IX)
- $39,549,466
- Management and general expenses
- $3,722,862
- Fundraising expenses
- $891,834
- Program service expenses (Part III)
- $39,549,466
Program services were 89.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$10,086
-
1e · Government grants (contributions)
$67,708
-
1f · All other contributions, gifts and grants
$4,982,679
-
1g · Noncash contributions included above
$128,158
-
2a · Program service revenue: TUITION AND FEES
total $30,140,710 · related or exempt $30,140,710
-
2b · Program service revenue: RESIDENCE HALLS
total $6,024,359 · related or exempt $6,024,359
-
2c · Program service revenue: OTHER PROGRAM REVENUE
total $1,555,689 · related or exempt $1,555,689
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $334,552 · excluded $334,552
-
6a · Gross rents
real property $30,000
-
6c · Rental income or loss
real property $30,000 · personal property $0
-
6d · Net rental income or loss
total $30,000 · excluded $30,000
-
7a · Gross sales of assets other than inventory
securities $602,665
-
7b · Less cost or other basis and sales expenses
securities $543,971
-
7c · Gain or loss
securities $58,694 · other assets $0
-
7d · Net gain or loss
total $58,694 · excluded $58,694
-
8b · Fundraising events: direct expenses
$731
-
8c · Net income from fundraising events
total -$731 · excluded -$731
-
10a · Gross sales of inventory
$116,592
-
10b · Cost of goods sold
$104,083
-
10c · Net income from sales of inventory
total $12,509 · related or exempt $12,509
-
11a · Other revenue: CONFERENCE SERVICES
total $157,248 · unrelated business $157,248
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$157,248
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $16,189,758 · program services $16,189,758
-
5 · Compensation of officers, directors and key employees
total $765,959 · program services $448,060 · management and general $256,624 · fundraising $61,275
-
6 · Compensation of disqualified persons
total $75,890 · program services $57,870 · management and general $11,190 · fundraising $6,830
-
7 · Other salaries and wages
total $11,240,034 · program services $9,313,089 · management and general $1,642,871 · fundraising $284,074
-
9 · Other employee benefits
total $2,075,327 · program services $1,672,342 · management and general $327,290 · fundraising $75,695
-
10 · Payroll taxes
total $833,375 · program services $673,462 · management and general $129,876 · fundraising $30,037
-
11b · Fees: legal
total $47,811 · management and general $47,811
-
11c · Fees: accounting
total $70,816 · management and general $70,816
-
11f · Fees: investment management
total $70,707 · management and general $70,707
-
11g · Fees: other
total $3,790,894 · program services $3,618,570 · management and general $136,358 · fundraising $35,966
-
12 · Advertising and promotion
total $507,493 · program services $364,177 · management and general $54,067 · fundraising $89,249
-
13 · Office expenses
total $1,274,323 · program services $1,069,096 · management and general $144,201 · fundraising $61,026
-
14 · Information technology
total $380,132 · program services $223,047 · management and general $146,060 · fundraising $11,025
-
16 · Occupancy
total $1,068,240 · program services $913,486 · management and general $124,291 · fundraising $30,463
-
17 · Travel
total $1,444,480 · program services $1,356,611 · management and general $56,557 · fundraising $31,312
-
19 · Conferences, conventions and meetings
total $82,422 · program services $74,404 · management and general $6,357 · fundraising $1,661
-
20 · Interest
total $769,317 · program services $624,496 · management and general $115,996 · fundraising $28,825
-
22 · Depreciation, depletion and amortization
total $2,081,292 · program services $1,689,495 · management and general $313,814 · fundraising $77,983
-
23 · Insurance
total $269,825 · program services $219,031 · management and general $40,684 · fundraising $10,110
-
24a · Other expenses: MISCELLANEOUS
total $1,126,067 · program services $1,042,472 · management and general $27,292 · fundraising $56,303
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,930 · end of year $3,476
-
2 · Savings and temporary cash investments
beginning of year $4,516,997 · end of year $3,510,274
-
3 · Pledges and grants receivable
beginning of year $2,432,506 · end of year $1,317,904
-
4 · Accounts receivable
beginning of year $1,002,396 · end of year $2,639,539
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $175,770 · end of year $164,873
-
9 · Prepaid expenses and deferred charges
beginning of year $570,158 · end of year $512,085
-
10a · Land, buildings and equipment: cost or other basis
$72,592,301
-
10b · Land, buildings and equipment: accumulated depreciation
$46,655,860
-
10c · Land, buildings and equipment, net
beginning of year $26,653,014 · end of year $25,936,441
-
11 · Investments: publicly traded securities
beginning of year $9,531,057 · end of year $10,425,503
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $3,302,156 · end of year $3,321,693
-
17 · Accounts payable and accrued expenses
beginning of year $1,943,050 · end of year $1,434,312
-
19 · Deferred revenue
beginning of year $1,177,933 · end of year $937,002
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $13,566,273 · end of year $12,940,306
-
24 · Unsecured notes and loans payable
beginning of year $624,702 · end of year $590,274
-
25 · Other liabilities
beginning of year $569,824 · end of year $1,633,625
-
27 · Net assets without donor restrictions
beginning of year $11,157,867 · end of year $10,821,115
-
28 · Net assets with donor restrictions
beginning of year $19,149,335 · end of year $19,475,154
Mission and programs · 2023
Mission
CHALLENGING ACADEMIC COURSES, STUDY ABROAD PROGRAMS, INTERNSHIPS, SHORT TERM MISSION EXPERIENCES, AND LOCAL SERVICE OPPORTUNITIES ARE A FEW OF THE WAYS BETHEL UNIVERSITY 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 UNIVERSITY 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.
Activities or mission (Part I)
BETHEL UNIVERSITY PROVIDES LIBERATING ACADEMIC AND CO-CURRICULAR PROGRAMS TO CHALLENGE THE MIND, ENLARGE THE VISION AND EQUIP THE WHOLE PERSON FOR LIFE-LONG SERVICE.
-
BETHEL UNIVERSITY PROVIDED EDUCATIONAL SERVICES TO APPROXIMATELY 1,200 STUDENTS DURING THE 2023/2024 ACADEMIC YEAR. THIS INCLUDES OVER FIFTY (50) ACADEMIC PROGRAMS, AWARDING BOTH GRADUATE AND UNDERGRADUATE DEGREES.
Expenses $39,549,466 · Grants $16,189,758 · Revenue $37,733,267
As filed on the 2023 return.
Listed in Part VII
-
Brian HabeggerBRIAN HABEGGER
TRUSTEE/VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Bruce KorenstraBRUCE KORENSTRA
TRUSTEE/SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Greg HartmanGREG HARTMAN
TRUSTEE/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Arnold SallieARNOLD SALLIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bill GatesBILL GATES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Charles HabeggerCHARLES HABEGGER
TRUSTEE EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
Daryl PannabeckerDARYL PANNABECKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Heather GilbertHEATHER GILBERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joan McClendonJOAN MCCLENDON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John GardnerJOHN GARDNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jose MendezJOSE MENDEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joshua GregoryJOSHUA GREGORY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lynn ColemanLYNN COLEMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Pablo RodriguezPABLO RODRIGUEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Philip WaglerPHILIP WAGLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Randy LehmanRANDY LEHMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev Rodney ArnoldREV RODNEY ARNOLD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Richard FelixRICHARD FELIX
TRUSTEE EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
William HosslerWILLIAM HOSSLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William SmileyWILLIAM SMILEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Amanda SlaughterAMANDA SLAUGHTER
VP ENROLLMENT MANAGEMENT
- Total calculated
- $110,108
- From this org
- $110,108
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Barbara BellefeuilleBARBARA BELLEFEUILLE
PRESIDENT
- Total calculated
- $283,752
- From this org
- $243,585
- From related orgs
- $0
- Other
- $40,167
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $243,585
- Bonus
- $0
- Other
- $0
- Deferred
- $36,607
- Nontaxable benefits
- $3,560
- Filer's total
- $283,752
-
Brent LavigneBRENT LAVIGNE
VP INSTITUTIONAL ADVANCEMENT
- Total calculated
- $135,604
- From this org
- $112,434
- From related orgs
- $0
- Other
- $23,170
- Hours/week
- 40
-
Julie Beam
VP for Student Development and Success
- Total calculated
- $58,751
- From this org
- $56,277
- From related orgs
- $0
- Other
- $2,474
- Hours/week
- 40
-
Pamela Campbell
CFO, VP for Administration and Finance
- Total calculated
- $30,108
- From this org
- $30,108
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Shawn HoltgrenSHAWN HOLTGREN
VP STUDENT DEVELOPMENT
- Total calculated
- $94,625
- From this org
- $84,598
- From related orgs
- $0
- Other
- $10,027
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
INDEPENDENT COLLEGES OF INDIANA INC
501(c)(3) · EDUCATION · IN
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUSTS (1)
CHAR. REM. TR · IN
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501359349306350
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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