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Bethany Lutheran College Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 410747165 ✦ Mankato, MN ✦ Designated as a 501(c)(3)

Overview

What is Bethany Lutheran College Inc?

Bethany Lutheran College Inc is a private, residential liberal arts college situated in Mankato, Minnesota. Committed to the teachings of the Bible as expressed in the Lutheran Confessions, this institution grants Bachelor of Arts & Sciences degrees in over 36 majors and offers Master of Divinity and Master of Arts degrees. With a student body of approximately 700 full-time equivalent students during the 2021-2022 academic year, the college has graduated 138 students that year. Bethany Lutheran College's mission is to provide Christian higher education in an intellectually stimulating environment, offering personal mentoring that guides students in their pursuit of knowledge, truth, and discernment. Additionally, Bethany Lutheran Theological Seminary is part of the college, training men for the public ministry within the Evangelical Lutheran Synod and meeting the theological needs of the synod.


Official website here: www.blc.edu

Is Bethany Lutheran College Inc legitimate?

Bethany Lutheran College Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethany Lutheran College Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $962,619
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,049,630

For more financial information, click here


Official website here: www.blc.edu

What is the mission statement of Bethany Lutheran College Inc?

Bethany Lutheran College is a private, residential institution committed to providing Christian higher education. The college offers Bachelor of Arts and Sciences degrees with majors in over 30 subject areas, as well as Master of Divinity and Master of Arts degrees. With a focus on personal mentoring, Bethany Lutheran College guides students to pursue knowledge, truth, and discernment, leading to productive and fulfilling lives. During the 2021-2022 academic year, the college had a total enrollment of 1,362 full-time equivalent students, with 138 graduating.


Official website here: www.blc.edu

Who is the CEO of Bethany Lutheran College Inc?

Gene R Pfeifer is the Chairman-Board Of Regents of Bethany Lutheran College Inc.


Official website here: www.blc.edu

What is the revenue of Bethany Lutheran College Inc?

Bethany Lutheran College Inc's revenue in 2022 was $36,614,308.


Official website here: www.blc.edu

Who are the executives of Bethany Lutheran College Inc and what are their salaries?

The average compensation at Bethany Lutheran College Inc during 2022 was $13,929. There are 647 employees and 13 volunteers at Bethany Lutheran College Inc.

Here are 17 key members and their salaries:

    Dr Gene R Pfeifer (College President)
  • Compensation: $171,410
  • Related: $0
  • Other: $53,470

    • Daniel L Mundahl (Senior Vp Of Fin & Admin/Treasurer)
  • Compensation: $119,085
  • Related: $0
  • Other: $18,223

    • Rev Gaylin Schmeling (Seminary President)
  • Compensation: $96,794
  • Related: $0
  • Other: $40,486

    • Gregory Costello (Controller/Asst. Treasurer)
  • Compensation: $74,564
  • Related: $0
  • Other: $16,374

    • Rev Herbert Huhnerkoch (Chairman-Board Of Regents) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Mark Bartels (Vice-Chair-Board Of Regent) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr William Soule (Secretary-Board Of Regents) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Erwin Ekhoff (Member-Board Of Regents) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Lyle Fahning (Member-Board Of Regents) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Mark Madson (Member-Board Of Regents) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Joshua Mears (Member-Board Of Regents) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James Minor (Member-Board Of Regents) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Alexander Ring (Member-Board Of Regents) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Timothy Roemhildt (Member-Board Of Regents) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr John Scott (Member-Board Of Regents) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr David Sparley (Member-Board Of Regents) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev David Thompson (Member-Board Of Regents) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.blc.edu

    Where can I find the form 990 for Bethany Lutheran College Inc?

    The Bethany Lutheran College Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.blc.edu

    Learn more at the official website: www.blc.edu

    Mission Statement of Bethany Lutheran College Inc

    Bethany Lutheran College, a private residential liberal arts institution, is deeply committed to the teachings of the Bible as outlined in the Lutheran Confessions. With a focus on Christian higher education, this esteemed college grants Bachelor of Arts & Science degrees with majors in over thirty-six subject areas. Additionally, Bethany Lutheran Theological Seminary is an integral part of the college, designed to prepare men for the public ministry within the Evangelical Lutheran Synod (ELS), as well as catering to the theological needs of the synod.

    At Bethany Lutheran College, students are immersed in a challenging academic environment where they are guided by personal mentors to pursue knowledge, truth, and discernment for productive and fulfilling lives. Enrolling a total of 710 Full Time Equivalent (FTE) students during the 2021-2022 academic year, the college has graduated 138 students who met the requirements for graduation. Bethany Lutheran College's mission is to offer a nurturing educational experience that fosters spiritual growth, academic excellence, and personal development in the context of the Christian faith. The college's emphasis on mentoring ensures that students receive individualized attention, enabling them to thrive and reach their full potential.

    Impact

    This information is meant to be a general summary of Bethany Lutheran College Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Bethany Lutheran College Inc's impact is significant in providing Christian higher education in a challenging academic environment. With a commitment to the teachings of the Bible as set forth in the Lutheran confessions, the college offers a range of undergraduate and graduate degree programs, including Bachelor of Arts & Science degrees and a Master of Clinical Mental Health Counseling.

    Through its instruction and emphasis on personal mentoring, Bethany Lutheran College guides students to pursue knowledge, truth, and discernment for productive and fulfilling lives. With an enrollment of 710 full-time equivalent students in the fall semester and 652 in the spring semester of the 2021-2022 academic year, the college plays a vital role in educating and preparing individuals for future leadership roles and service within the community and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,003,747
  • Program Service Revenue: $22,580,023
  • Gross Receipts: $37,503,990

    • Assets and Liabilities:
  • Total Assets: $102,688,428
  • Total Liabilities: $17,821,449
  • Net Assets: $84,866,979
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION AND FEES

    Revenue

    $18,913,102

    AUXILIARY ENTERPRISES

    Revenue

    $3,603,287

    STUDENT ACTIVITIES

    Revenue

    $63,634

    Organization Details

    Founding Year

    1927

    Principal Officer

    Gene R Pfeifer

    Main Address

    700 LUTHER DRIVE, MANKATO, MN, 56001

    NTEE Category

    Code: B410 - Education

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