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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Bethany Lutheran College Inc.

Bethany Lutheran College Inc.

Fiscal year ending 2023. Filed on May 8, 2024.

700 Luther Drive
300
Mankato, Minnesota 56001

Bethany Lutheran College Inc. (EIN: 41-0747165) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Bethany Lutheran College Inc., a 501(c)(3) charitable organization, reported compensation for 4 out of 686 total employees. Among the employees shown here, the average compensation is $132,722. The highest compensated employee at Bethany Lutheran College Inc. is Dr Gene R Pfeifer with fiscal year 2023 compensation of $236,800.

Revenue, expenses, and employee compensation

Revenue

$33,871,771

Expenses

$33,193,131

Employee compensation

$12,417,914
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr Gene R Pfeifer
College President
$236,800
$179,706 No related comp$57,094
Daniel L Mundahl
Senior Vice President of FIN and Admin/Treasurer
$137,964
$117,950 No related comp$20,014
Gregory Costello
Controller/Asst. Treasurer
$93,414
$75,448 No related comp$17,966
Timothy Hartwig
Seminary President
$62,708
$44,143 No related comp$18,565

Benchmark Employee Compensation

Non-Employee Board Members

Dr Joshua Mears
Board of Regents Member
Mr David Sparley
Board of Regents Member
Mr James Minor
Board of Regents Member
Mr John Scott
Board of Regents Member
Mr Lyle Fahning
Board of Regents Member
Mr Mark Madson
Board of Regents Member
Mr Timothy Roemhildt
Board of Regents Member
Rev Aaron Ferkenstad
Board of Regents Member
Rev Alexander Ring
Secretary-Board of Regents
Rev David Thompson
Board of Regents Member
Rev Erwin Ekhoff
Board of Regents Member
Rev Herbert Huhnerkoch
Chairman-Board of Regents

Contractors

Robert W Carlstrom CO Inc.
Building Contractor
$9,698,677
Sodexo Inc. & Afflilates
Food
$1,212,715
Securitas Security Services Inc.
Security
$199,368
Mayo Clinic
Health
$138,845
Lake Crystal Coaches
Busing
$136,658

Mission Statement

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.

Revisions to this organization profile

May 8, 2024:
2023 Bethany Lutheran College Inc. 990 filed
March 15, 2023:
2022 Bethany Lutheran College Inc. 990 filed
May 11, 2022:
2021 Bethany Lutheran College Inc. 990 filed

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