Loading organization details...
Loading organization details...
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 & SCIENCE DEGREE & A MASTERS OF CLINCIAL MENTAL HEALTH COUNSELING. 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.
Source: IRS Form 990 (Tax Year 2023)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2022
Total Revenue
▼$33.9M
Program Spending
89%
of total expenses go to program services
Total Contributions
$8.6M
Total Expenses
▼$33.2M
Total Assets
$113M
Total Liabilities
▼$24.7M
Net Assets
$88.3M
Officer Compensation
→$915.4K
Other Salaries
$8.7M
Investment Income
$481.2K
Fundraising
▼$92.2K
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Years audited
7
Clean years
7
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditurecombined across all audits filed that year | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2022 | Clean | Unmodified (Clean) | $5M | Yes | 2023-01-12 |
| 2021 | Clean | Unmodified (Clean) | $4.6M | Yes | 2021-12-20 |
| 2020 | Clean | Unmodified (Clean) | $4.2M | Yes | 2021-03-07 |
| 2019 | Clean | Unmodified (Clean) | $4M | Yes | 2019-11-19 |
| 2018 | Clean | Unmodified (Clean) | $3.9M | Yes | 2018-11-19 |
| 2017 | Clean | Unmodified (Clean) | $3.7M | Yes | 2017-11-15 |
| 2016 | Clean | Unmodified (Clean) | $3.7M | Yes | 2016-12-05 |
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$5M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$4.6M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$4.2M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$4M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$3.9M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$3.7M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$3.7M
Tax Year 2022 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $33.9M | $8.6M | $33.2M | $113M | $88.3M |
| 2022IRS e-File | $33.9M | $8.6M | $33.2M | $113M | $88.3M |
| 2021 | $41.8M | $9.9M | $30.6M | $109.3M | $90.6M |
| 2020 | $27.9M | $6.3M | $30M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2022)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2022)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Dr Gene R Pfeifer | College President | 40 | $179.7K | $0 | $57.1K | $236.8K |
| Daniel L Mundahl | Senior VP Of Fin & Admin/treasurer | 40 | $118K | $0 | $20K | $138K |
| Gregory Costello | Controller/asst. Treasurer | 40 | $75.4K | $0 | $18K | $93.4K |
| Timothy Hartwig | Seminary President | 40 | $44.1K | $0 | $18.6K | $62.7K |
| Rev Herbert Huhnerkoch | Chairman-board Of Regents | 1 | $0 | $0 | $0 | $0 |
| Rev Mark Bartels | Vice-chair-board Of Regent | 1 | $0 | $0 | $0 | $0 |
| Rev Alexander Ring | Secretary-board Of Regents | 1 | $0 | $0 | $0 | $0 |
Dr Gene R Pfeifer
College President
$236.8K
Hrs/Wk
40
Compensation
$179.7K
Related Orgs
$0
Other
$57.1K
Daniel L Mundahl
Senior VP Of Fin & Admin/treasurer
$138K
Hrs/Wk
40
Compensation
$118K
Related Orgs
$0
Other
$20K
Gregory Costello
Controller/asst. Treasurer
$93.4K
Hrs/Wk
40
Compensation
$75.4K
Related Orgs
$0
Other
$18K
Timothy Hartwig
Seminary President
$62.7K
Hrs/Wk
40
Compensation
$44.1K
Related Orgs
$0
Other
$18.6K
Rev Herbert Huhnerkoch
Chairman-board Of Regents
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rev Mark Bartels
Vice-chair-board Of Regent
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rev Alexander Ring
Secretary-board Of Regents
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dr Joshua Mears | Member-board Of Regents | 1 | $0 | $0 | $0 | $0 |
| Mr David Sparley | Member-board Of Regents | 1 | $0 | $0 | $0 | $0 |
| Mr James Minor | Member-board Of Regents | 1 | $0 | $0 | $0 | $0 |
| Mr John Scott | Member-board Of Regents | 1 | $0 | $0 | $0 | $0 |
| Mr Lyle Fahning | Member-board Of Regents | 1 | $0 | $0 | $0 | $0 |
| Mr Mark Madson |
Dr Joshua Mears
Member-board Of Regents
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr David Sparley
Member-board Of Regents
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr James Minor
Member-board Of Regents
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $97.9M |
| $76.7M |
| 2019 | $28.8M | $5.8M | $28.4M | $93.8M | $79.6M |
| 2018 | $25M | $4.7M | $27.3M | $93.4M | $79.7M |
| 2017 | $24.5M | $5.1M | $25.1M | $94.8M | $80M |
| 2016 | $22.2M | $4.7M | $23.6M | $93.1M | $77.9M |
| 2015 | $24.1M | $5.7M | $23.6M | $97.8M | $81.6M |
| 2014 | $22.1M | $4.4M | $23.9M | $99.3M | $82.9M |
| 2013 | $23.8M | $5.7M | $24M | $98.1M | $80.9M |
| 2012 | $23.2M | $5.4M | $23.5M | $89.3M | $79.7M |
| 2011 | $22.3M | $5.2M | $22.9M | $91.3M | $81.5M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| Member-board Of Regents |
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Mr Timothy Roemhildt | Member-board Of Regents | 1 | $0 | $0 | $0 | $0 |
| Rev Aaron Ferkenstad | Member-board Of Regents | 1 | $0 | $0 | $0 | $0 |
| Rev David Thompson | Member-board Of Regents | 1 | $0 | $0 | $0 | $0 |
| Rev Erwin Ekhoff | Member-board Of Regents | 1 | $0 | $0 | $0 | $0 |
Mr John Scott
Member-board Of Regents
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr Lyle Fahning
Member-board Of Regents
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr Mark Madson
Member-board Of Regents
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr Timothy Roemhildt
Member-board Of Regents
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rev Aaron Ferkenstad
Member-board Of Regents
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rev David Thompson
Member-board Of Regents
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rev Erwin Ekhoff
Member-board Of Regents
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0