Bethel University
- Assets
- $206.4m
- Revenue
- $146.8m
- Investments
- $6.8m
- Employees
- 3,063
- Location
- St Paul, MN
- Founding
- 10/1997
- Data as of
- 05/2020
- EIN
- 41-0708577
Organization Overview
Bethel University is located in St Paul, MN. The organization was established in 1997. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2020, Bethel University employed 3,063 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 05/2020, Bethel University generated $146.8m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $143.2m during the year ending 05/2020. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE AND ENERGIZE MEN AND WOMEN FOR EXCELLENCE IN LEADERSHIP, SCHOLARSHIP AND SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL INSTRUCTION:COLLEGE OF ARTS & SCIENCES (LIBERAL ARTS, UNDERGRADUATE): 2,586 STUDENTS; GRADUATE SCHOOL AND COLLEGE OF ADULT & PROFESSIONAL STUDIES (ADULT DEGREE COMPLETION): 1,947 STUDENTS; BETHEL SEMINARY: 646 STUDENTS
ACADEMIC SUPPORT SERVICES:SERVICES INCLUDING BUT NOT LIMITED TO: BETHEL UNIVERSITY LIBRARY, OFFICE OF UNIVERSITY REGISTRAR, INFORMATION TECHNOLOGY SERVICES, HEALTH SERVICES, COUNSELING CENTER, ATHLETICS, CHILD DEVELOPMENT CENTER.
AUXILIARY SERVICES:SERVICES INCLUDING BUT NOT LIMITED TO: STUDENT HOUSING (APPROXIMATELY 2/3 OF STUDENTS ARE IN BETHEL HOUSING), FOOD SERVICE, CAMPUS STORE.
OTHER PROGRAM SERVICES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barnes III James H President | OfficerTrustee | 40 | $283,637 |
Harless Deb Ec VP & Provost | Officer | 40 | $152,241 |
Bender James Chief Development Officer | 40 | $149,766 | |
Broz Charles Hvac, Plumbing & Electrical Supervisor | 40 | $138,050 | |
Addleman John Special Assistant To The President | 40 | $137,360 | |
Fredrickson Joel Assoc Dean Of Institutional Assessment And Accredi | 40 | $135,630 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mcgough Construction Co Llc Construction/ Remodeling | 5/30/20 | $10,682,991 |
Sodexo Inc Food Service Mgmt | 5/30/20 | $4,980,449 |
Bj Baas Construction/ Remodeling | 5/30/20 | $4,426,777 |
Haworth Marketing And Media Marketing And Media Services | 5/30/20 | $2,154,420 |
Loffler Companies Inc Print And Office Services | 5/30/20 | $669,212 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $68,450 |
| Related organizations | $458,963 |
| Government grants | $2,735,670 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,962,550 |
| Noncash contributions included in lines 1a–1f | $3,169,559 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,225,633 |
| Total Program Service Revenue | $123,466,905 |
| Investment income | $1,327,839 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,560 |
| Net Gain/Loss on Asset Sales | $349,029 |
| Net Income from Fundraising Events | -$7,522 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $380,392 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $146,758,836 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $446,869 |
| Grants and other assistance to domestic individuals. | $44,043,003 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,683,502 |
| Compensation of current officers, directors, key employees. | $771,635 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,826,945 |
| Pension plan accruals and contributions | $2,991,158 |
| Other employee benefits | $8,488,449 |
| Payroll taxes | $3,239,752 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $249,528 |
| Fees for services: Accounting | $70,022 |
| Fees for services: Lobbying | $120,431 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,194,247 |
| Advertising and promotion | $3,374,440 |
| Office expenses | $3,393,954 |
| Information technology | $1,946,196 |
| Royalties | $0 |
| Occupancy | $2,334,627 |
| Travel | $3,193,083 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,186,495 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,504,121 |
| Insurance | $810,963 |
| All other expenses | $0 |
| Total functional expenses | $143,225,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,903,014 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,598,056 |
| Accounts receivable, net | $3,318,792 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $855,574 |
| Prepaid expenses and deferred charges | $392,420 |
| Net Land, buildings, and equipment | $121,054,177 |
| Investments—publicly traded securities | $45,827,463 |
| Investments—other securities | $6,762,994 |
| Investments—program-related | $3,721,570 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $206,434,060 |
| Accounts payable and accrued expenses | $6,760,806 |
| Grants payable | $336,343 |
| Deferred revenue | $5,218,978 |
| Tax-exempt bond liabilities | $48,027,769 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,959,666 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $54,219,290 |
| Total liabilities | $120,522,852 |
| Net assets without donor restrictions | $17,461,934 |
| Net assets with donor restrictions | $68,449,274 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $206,434,060 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Bethel University has recieved totaling $287,562.
| Awarding Organization | Amount |
|---|---|
Lilly Endowment Inc Indianapolis, IN PURPOSE: HIGH SCHL YOUTH THEOLOGY INITIATIVE | $242,425 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $20,537 |
Advisors Charitable Gift Fund Inc Woburn, MA PURPOSE: General Support | $15,000 |
Patch Foundation Minneapolis, MN PURPOSE: EDUCATIONAL | $5,000 |
Francis F Carnes Education Charitable Tr Jefferson, WI PURPOSE: SCHOLARSHIP | $3,000 |
Organization Name not Listed PURPOSE: SCHOLARHSIP | | $1,000 |
Endowment Analysis
| Beg. Balance | $49,766,786 |
| Earnings | -$84,733 |
| Net Contributions | $1,107,836 |
| Grants | $2,015,045 |
| Ending Balance | $48,774,844 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Olaf College Northfield, MN | $1,072,190,588 | $240,994,923 |
Carleton College Northfield, MN | $1,414,260,160 | $240,267,870 |
Trustees Of Grinnell College Grinnell, IA | $2,534,031,984 | $211,551,563 |
Macalester College St Paul, MN | $1,007,704,963 | $194,574,901 |
Concordia University Inc Mequon, WI | $169,064,782 | $159,253,851 |
Gustavus Adolphus College Saint Peter, MN | $542,230,853 | $166,346,183 |
Bethel University St Paul, MN | $206,434,060 | $146,758,836 |
Concordia College Corporation Moorhead, MN | $365,441,053 | $145,887,806 |
Augsburg University Minneapolis, MN | $209,465,774 | $130,985,918 |
Carroll University Inc Waukesha, WI | $239,139,783 | $140,144,784 |
College Of St Scholastica Inc Duluth, MN | $197,957,414 | $123,906,597 |
Luther College Decorah, IA | $330,055,480 | $125,968,312 |