Bethany Lutheran College Inc

Education organization based in Mankato, MN. 722 employees. Exempt under §501(c)(3).

MissionBETHANY 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.

EIN
41-0747165
State
MN
Sector
Education
Budget band
$25M–$50M
Latest filing
TY 2023
Records
2 officers · 5 years

Financial snapshot · TY 2023

$37.1M
Total revenue
$36.0M
Total expenses
$117.3M
Net assets

Financial health · TY 2023

85
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
77
13.8 months of expenses
Program efficiency
97
88.7% spent on programs
Revenue diversity
80
Mix of program fees, grants & contributions

Leadership compensation

Daniel L Mundahl
SENIOR VP OF FIN & ADMIN/TREASURER
$146,011
28th percentile vs. peers
Stacey Dawley
CONTROLLER/ASST. TREASURER
$74,626
3th percentile vs. peers

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Bethany Lutheran College Inc Executive Compensation | 990 Data | DoubleNine