BETHANY LUTHERAN COLLEGE INC Charity Report

Public IRS 990 nonprofit record

BETHANY LUTHERAN COLLEGE INC

EIN 41-0747165 · Education (B410)

What they do

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 DEGREES & 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 SYNODS THEOLOGICAL NEEDS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.42%of revenue went to mission work89.4% of expenses · Program services

2.83%of revenue went to fundraising2.9% of expenses

$97.83spent for every $100 of revenueRevenue covered expenses this year.

7.57%of revenue went to management and office costs7.7% of expenses

$3.39in assets for every $1 spent this yearSome assets cannot be spent right away.

20.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $255,474 for DR GENE R PFEIFER (COLLEGE PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$36,287,765

Mission workProgram services$31,723,48487.42% of revenue89.4% of expenses

ManagementOffice and general costs$2,748,3387.57% of revenue7.7% of expenses

FundraisingAsking for donations$1,026,9342.83% of revenue2.9% of expenses

Revenue left after expensesReported annual surplus$789,0092.17% of revenueShown in gray on the chart

Total expenses$35,498,75697.83% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.4% mission · 7.7% management · 2.9% fundraisingTotal expenses: 97.83% of revenue

2023Expense mix: 88.7% mission · 8.5% management · 2.9% fundraisingTotal expenses: 97.18% of revenue

2022Expense mix: 89.5% mission · 7.6% management · 3.0% fundraisingTotal expenses: 98.00% of revenue

2021Expense mix: 89.7% mission · 7.4% management · 2.9% fundraisingTotal expenses: 90.95% of revenue

2020Expense mix: 89.5% mission · 7.7% management · 2.8% fundraisingTotal expenses: 73.36% of revenue

2019Expense mix: 89.1% mission · 8.1% management · 2.8% fundraisingTotal expenses: 107.24% of revenue

2018Expense mix: 88.6% mission · 8.5% management · 2.9% fundraisingTotal expenses: 98.43% of revenue

2017Expense mix: 87.7% mission · 9.2% management · 3.2% fundraisingTotal expenses: 109.16% of revenue

Money in and money out

Revenue$36,287,765

Expenses$35,498,756

Annual surplus $789,009 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$31,723,484 · 89.4% of expenses

Management and office costs$2,748,338 · 7.7% of expenses

Fundraising$1,026,934 · 2.9% of expenses

See all reported dollar amounts

Revenue$36,287,765

Expenses$35,498,756

Assets$120,266,383

Income$46,815,389

Contributions$7,584,615

Mission work (program services)$31,723,484

Fundraising$1,026,934

Management and general$2,748,338

Stocks and bonds$37,972,269

Accounting fees$116,483

Investing fees$161,888

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DR GENE R PFEIFERCOLLEGE PRESIDENT · 40 hrs/week $255,474Base $196,911 · Other $58,563

DANIEL L MUNDAHLSENIOR VP OF FIN & ADMIN/TREASURER · 40 hrs/week $161,478Base $141,748 · Other $19,730

REV TIMOTHY HARTWIGSEMINARY PRESIDENT · 40 hrs/week $93,850Base $67,378 · Other $26,472

STACEY DAWLEYDIRECTOR OF FINANCE/ASST. TREASURER · 40 hrs/week $81,452Base $77,432 · Other $4,020

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

DR GENE R PFEIFERCOLLEGE PRESIDENT

DANIEL L MUNDAHLSENIOR VP OF FIN & ADMIN/TREASURER

REV TIMOTHY HARTWIGSEMINARY PRESIDENT

STACEY DAWLEYDIRECTOR OF FINANCE/ASST. TREASURER

MR STEVEN DEPREYREGENT

REV MARK BARTELSCHARIMAN/REGENT

REV ERWIN EKHOFFREGENT

REV DAVID THOMPSONVICE-CHAIR/REGENT

REV ALEX RINGSECRETARY/REGENT

REV AARON FERKENSTADREGENT

MR TIMOTHY ROEMHILDTREGENT

MR MARK MADSONREGENT

MR JOHN SCOTTREGENT

MR DAVID SPARLEYREGENT

MR AARON FAUGSTADREGENT

DR JOSHUA MEARSREGENT

DR DANIEL HARTWIGREGENT

DR ADAM BRAISCHREGENT

About this charity

Recognized since: January 1966
Location: 700 LUTHER DR, MANKATO, MN 56001-6192
County: Blue Earth
In care of: % BETHANY LUTHERAN COLLEGE
Primary officer: GENE R PFEIFER, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(507) 344-7000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Education (B410)