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Nonprofit · EIN 41-0747165

BETHANY LUTHERAN COLLEGE & SEMINARY INC

Tax-exempt · MANKATO, MN 56001

Financials

$33.9M$33.2M2022$37.1M$36M2023$36.3M$35.5M2024
Revenue Expenses · by fiscal year end
Financials of BETHANY LUTHERAN COLLEGE & SEMINARY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$36,287,765$35,498,756$789,009$120,266,383$23,138,935$97,127,448
June 30, 2024990$37,072,690$36,027,334$1,045,356$117,307,373$24,325,197$92,982,176
June 30, 2023990$33,871,771$33,193,131$678,640$113,032,695$24,699,722$88,332,973
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,584,615
of which government grants
$77,674
Program service revenue
$24,853,031
Investment income
$2,770,485
Royalties
$192,024
Net rental income
$46,197
Net gain from sales of assets
$2,176,353
Net income from fundraising events
$80,959
Other revenue
$1,079,634

Expenses

Grants and similar amounts paid
$10,454,807
Compensation of officers, directors and key employees
$978,941
Other salaries and wages
$9,408,929
Salaries, compensation and benefits (total)
$13,428,226
Professional fundraising fees
$0
Legal fees
$14,539
Accounting fees
$116,483
Occupancy
$751,034
Travel
$846,127
Depreciation
$2,996,235
Program services (functional)
$31,723,484
Management and general (functional)
$2,748,338
Fundraising (functional)
$1,026,934

Balance sheet and other

Total assets, start of year
$117,307,373
Total assets, end of year
$120,266,383
Total liabilities, end of year
$23,138,935
Net assets, end of year
$97,127,448
Land, buildings and equipment
$54,883,069
Publicly traded securities
$37,972,269
Net assets without donor restrictions
$40,472,531
Net assets with donor restrictions
$56,654,917
Gross receipts
$46,815,389
Employees
725
Volunteers
18
Year formed
1927
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DR GENE R PFEIFERCOLLEGE PRESIDENT
Officer
40$196,911$58,563
DANIEL L MUNDAHLSENIOR VP OF FIN & ADMIN/TREASURER
Officer
40$141,748$19,730
REV TIMOTHY HARTWIGSEMINARY PRESIDENT
Officer
40$67,378$26,472
STACEY DAWLEYDIRECTOR OF FINANCE/ASST. TREASURER
Officer
40$77,432$4,020
REV MARK BARTELSCHARIMAN/REGENT
Trustee or director, Officer
1$0$0
REV DAVID THOMPSONVICE-CHAIR/REGENT
Trustee or director, Officer
1$0$0
REV ALEX RINGSECRETARY/REGENT
Trustee or director, Officer
1$0$0
DR JOSHUA MEARSREGENT
Trustee or director
1$0$0
MR STEVEN DEPREYREGENT
Trustee or director
1$0$0
MR AARON FAUGSTADREGENT
Trustee or director
1$0$0
MR DAVID SPARLEYREGENT
Trustee or director
1$0$0
DR ADAM BRAISCHREGENT
Trustee or director
1$0$0
DR DANIEL HARTWIGREGENT
Trustee or director
1$0$0
REV AARON FERKENSTADREGENT
Trustee or director
1$0$0
MR TIMOTHY ROEMHILDTREGENT
Trustee or director
1$0$0
3 more people on this return
NameTitleHours / weekCompensation
MR JOHN SCOTTREGENT
Trustee or director
1$0
REV ERWIN EKHOFFREGENT
Trustee or director
1$0
MR MARK MADSONREGENT
Trustee or director
1$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
DR GENE R PFEIFERCOLLEGE PRESIDENT
Officer
40$188,921$59,645
DANIEL L MUNDAHLSENIOR VP OF FIN & ADMIN/TREASURER
Officer
40$124,394$21,617
TIMOTHY HARTWIGSEMINARY PRESIDENT
Officer
40$66,820$32,762
STACEY DAWLEYCONTROLLER/ASST. TREASURER
Officer
40$71,032$3,594
REV MARK BARTELSCHAIRMAN-BOARD OF REGENTS
Trustee or director, Officer
1$0$0
REV DAVID THOMPSONVICE-CHAIR-BOARD OF REGENT
Trustee or director, Officer
1$0$0
REV ALEXANDER RINGSECRETARY-BOARD OF REGENTS
Trustee or director, Officer
1$0$0
MR DAVID SPARLEYMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
REV ERWIN EKHOFFMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
MR STEVEN DEPREYMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
DR JOSHUA MEARSMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
MR AARON FAUGSTADMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
REV AARON FERKENSTADMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
MR TIMOTHY ROEMHILDTMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
MR MARK MADSONMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
MR JOHN SCOTTMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
DR GENE R PFEIFERCOLLEGE PRESIDENT
Officer
40$179,706$57,094
DANIEL L MUNDAHLSENIOR VP OF FIN & ADMIN/TREASURER
Officer
40$117,950$20,014
GREGORY COSTELLOCONTROLLER/ASST. TREASURER
Officer
40$75,448$17,966
TIMOTHY HARTWIGSEMINARY PRESIDENT
Officer
40$44,143$18,565
REV HERBERT HUHNERKOCHCHAIRMAN-BOARD OF REGENTS
Trustee or director, Officer
1$0$0
REV MARK BARTELSVICE-CHAIR-BOARD OF REGENT
Trustee or director, Officer
1$0$0
REV ALEXANDER RINGSECRETARY-BOARD OF REGENTS
Trustee or director, Officer
1$0$0
MR DAVID SPARLEYMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
REV ERWIN EKHOFFMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
MR LYLE FAHNINGMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
DR JOSHUA MEARSMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
MR JAMES MINORMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
REV AARON FERKENSTADMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
MR TIMOTHY ROEMHILDTMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
MR MARK MADSONMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
REV DAVID THOMPSONMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0
MR JOHN SCOTTMEMBER-BOARD OF REGENTS
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
700 LUTHER DR, MANKATO, MN 56001-6192
In care of
% BETHANY LUTHERAN COLLEGE
Principal officer (990 for 2024)
GENE R PFEIFER, 700 LUTHER DR, MANKATO, MN 56001
Signed the 990
GENE R PFEIFER, PRESIDENT
Phone
(507) 344-7000
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

BETHANY LUTHERAN COLLEGE PROVIDES CHRISTIAN HIGHER EDUCATION IN A CHALLENGING ACADEMIC ENVIRONMENT WHERE PERSONAL MENTORING GUIDES STUDENTS TO PURSUE KNOWLEDGE, TRUTH, AND DISCERNMENT FOR PRODUCTIVE AND FULFILLING LIVES.

990 for the year ended June 30, 2025

Program accomplishments

  • INSTRUCTION: BETHANY LUTHERAN COLLEGE AWARDS THE BACHELOR OF ARTS & SCIENCE DEGREES WITH MAJORS IN MORE THAN 31 SUBJECT AREAS AND A MASTER OF DIVINITY AND A MASTER OF ARTS DEGREES. THE 2024-2025 ACADEMIC YEAR ENROLLMENT WAS 769 FULL TIME EQUIVALENT (FTE) STUDENTS IN THE FALL SEMESTER AND 689 FTE STUDENTS ENROLLED IN THE SPRING SEMESTER. OF THE TOTAL NUMBER OF STUDENTS ENROLLED IN 2024-2025 ACADEMIC YEAR, 161 MET THE REQUIREMENTS OF GRADUATION.
    Expenses $19,450,149 · grants $10,454,807 · revenue $21,125,744
  • 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 ANDDEVELOPS MORAL RESPONSIBILITY, AND CO-CURRICULAR ACTIVITIES THAT INSPIRE STUDENTS TO TEST THEIR OWN LIMITS AND EXPRESS THEIR INDIVIDUALITY.
    Expenses $8,836,010 · revenue $40,474
  • 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, 62% OF ENROLLED STUDENTS LIVED ON-CAMPUS AND PARTICIPATED IN THE RESIDENT STUDENT BOARD PLAN. 385 STUDENTS RESIDED IN CAMPUS HOUSING IN THE 2024-2025 FALL SEMESTER AND 357 IN THE SPRING SEMESTER.
    Expenses $3,437,325 · revenue $3,686,813
  • OTHER PROGRAM SERVICES INCLUDE OPERATIONS AND MAINTENANCE OF PLANT AND INSTITUTIONAL SUPPORT. THESE PROGRAMS PROVIDE SERVICES TO OPERATE AND MAINTAIN BUILDINGS AND GROUNDS AND TO SUPPORT INSTITUTIONAL OPERATIONS OTHER

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
41-0747165
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1966
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B410)
Assets (IRS master file)
$120,266,383
Income (IRS master file)
$46,815,389

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$36,287,765$35,498,756$120,266,383IRS
990June 2024$37,072,690$36,027,334$117,307,373IRS
990June 2023$33,871,771$33,193,131$113,032,695XML
990June 2022$36,614,308$33,300,215$102,688,428IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0747165).

Questions about BETHANY LUTHERAN COLLEGE & SEMINARY INC

What is the EIN of BETHANY LUTHERAN COLLEGE & SEMINARY INC?
The employer identification number (EIN) of BETHANY LUTHERAN COLLEGE & SEMINARY INC is 41-0747165.
Is BETHANY LUTHERAN COLLEGE & SEMINARY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to BETHANY LUTHERAN COLLEGE & SEMINARY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BETHANY LUTHERAN COLLEGE & SEMINARY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BETHANY LUTHERAN COLLEGE & SEMINARY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BETHANY LUTHERAN COLLEGE & SEMINARY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BETHANY LUTHERAN COLLEGE & SEMINARY INC?
The 990 for the year ended June 30, 2025 names GENE R PFEIFER.
Who are the officers and directors of BETHANY LUTHERAN COLLEGE & SEMINARY INC?
The 990 for the year ended June 30, 2025 lists 18 people; 4 received compensation from the organization, the highest $196,911 (DR GENE R PFEIFER, COLLEGE PRESIDENT).
How much revenue does BETHANY LUTHERAN COLLEGE & SEMINARY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $36,287,765, expenses of $35,498,756 and total assets of $120,266,383 at year end.

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