BLC is a college based in Mankato, MN that was founded in 1927. As of 2019 they had $28 million in revenue and $93 million in assets.
Bethany Lutheran College, owned and operated by the Evangelical Lutheran Synod, is a private, residential, liberal arts college committed to the teachings of the Bible as set forth in the Lutheran Confessions.
Previous legal names or variations of their name include: Bethany Lutheran College.
Instruction: Bethany Lutheran College awards the bachelor of arts degrees with majors in more than 20 subject areas and a master of divinity and a master of arts degrees. The 2018-2019 academic year enrollment was 579 full time equivalent (fte) students in the fall semester and 512 fte students enrolled in the spring semester. Of the total number of students enrolled in 2018-2019 academic year, 128 met the requirements of graduation.
Auxiliary enterprises at Bethany Lutheran College provides four residence halls on campus, one dining venue, and a spirit store for students, faculty and staff. Of the total student body, 72% of enrolled students lived on-campus and participated in the resident student board plan. 415 students resided in campus housing in the 2018-2019 fall semester and 372 in the spring semester.
Student services & academic support: Bethany boasts a long-standing commitment to educating the whole person by nourishing the intellectual, spiritual, emotional, social and physical dimensions of students' lives. The College offers a curriculum that challenges students to think critically and express themselves effectively, a campus life that encourages involvement and service (over 25 student organizations), a community of faith that nurtures spiritual growth and develops moral responsibility, and co-curricular activities that inspire students to test their own limits and express their individuality.
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|---|---|---|
| 2019-06 | Aug 21, 2020 | 990 | View PDF |
| 2018-06 | Jun 19, 2019 | 990 | View PDF |
| 2017-06 | Apr 10, 2018 | 990 | View PDF |
| 2016-06 | Aug 3, 2017 | 990 | View PDF |
| 2015-06 | Jul 8, 2016 | 990 | View PDF |
| ...and five more Form 990 PDFs | |||
| Field | 2019 |
|---|---|
| Total grants, contributions, etc. | $5,774,511 |
| Program services | $19,772,875 |
| Investment income and dividends | $662,212 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $545,287 |
| Net rental income | $41,113 |
| Net gain from sale of non-inventory assets | $1,346,214 |
| Net income from fundraising events | $32,755 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $633,889 |
| Total revenues | $28,808,856 |
| Vendor | Services | Amount paid | Date |
|---|---|---|---|
| Baker Tilly Virchow Krause LLP | Tax accounting; Audit accounting | 2020-08-21 | |
| █████████ | Content management system software | 2020-06-27 | |
| ███████ ███████ ████████ | Food Service | $1,041,231 | 2019-06-01 |
| █████████ ████████ ████████ | Security Services | $150,981 | 2019-06-01 |
| ███████████ | Mail Processing | $104,927 | 2019-06-01 |
| ████ ███████ ███████ | Transportation Services | $134,686 | 2019-06-01 |
| ███ | Architect | $164,830 | 2019-06-01 |
| ██████ ███ | Software | 2018-08-11 |
| Name | Title | Compensation | Most recent data |
|---|---|---|---|
| Daniel L Mundahl | Vice President of Finance and Administration and Treasurer | $128,135 | June 30, 2018 |
| Arthur Westphal | Vice President of Advancement | $100,819 | June 30, 2018 |
| ████ ███████ | President of the College | $143,578 | July 23, 2020 |
| ████ ██████ | Director of Financial Aid | - | Dec. 28, 2019 |
| ███ ██ █████ | President | $157,712 | July 23, 2020 |
| ████ ███████ ██████████ | Chair | $0 | July 23, 2020 |
| ████ ████ ███████ | Vice Chair | $0 | July 23, 2020 |
| ██████ █████████ | Seminary President | $92,886 | June 30, 2018 |
| ███████ ████████ | Controller and Asst Treasurer | $71,259 | June 30, 2018 |
| ██████ ██████ | Secretary - Board | $0 | June 30, 2018 |
| ...and five more key personnel | |||