2026-03-24T13:01:38-05:00 2025-06-30 994260840 DOEREN MAYHEW 56 CESAR E CHAVEZ AVE SW STE 100 GRAND RAPIDS MI 49503 990 2024-07-01 381673400 GRACE CHRISTIAN UNIVERSITY GRAC 6165382330 1011 ALDON ST SW WYOMING MI 495091921 RANDY ZANDBERGEN TREASURER 6165382330 2026-03-20 1 1 DANIELLE G PENNINGS CPA P01387560 6162355200 2026-03-20 2024 2025-03-06 01:10:19Z DR KEN KEMPER 1011 ALDON ST SW WYOMING MI 495091921 15020749 0 X WWW.GRACECHRISTIAN.EDU X 1939 MI GRADUATING COURAGEOUS AMBASSADORS FOR CHRIST WHO MAKE AN ETERNAL IMPACT WHEREVER THEY GO. THE UNIVERSITY SEEKS TO INTEGRATE ARTS AND SCIENCES AND BIBLICAL/THEOLOGICAL STUDIES; AND STRESSES FAITH AND LEARNING, IN ACCORD WITH THE VALUES AND DOCTRINES OF ITS FOUNDING LEADERSHIP AND THE BIBLE COLLEGE MOVEMENT. IN RECOGNIZING ITS PURPOSE AS CHRISTIAN HIGHER EDUCATION FOR LIFE AND SERVICE IN CHURCH AND SOCIETY, GCU STRIVES FOR EDUCATIONAL OUTCOMES EMBODYING THE PRINCIPLE THAT BOTH MINISTERIAL AND SOCIETAL VOCATIONS INVOLVE THE GIFTS AND CALLING OF GOD. GCU IS COMMITTED TO THE PERSONAL, SOCIAL, SPIRITUAL AND INTELLECTUAL GROWTH OF ALL ITS STUDENTS. THE UNIVERSITY WILL ACCOMPLISH ITS MISSION THROUGH EMPHASIZING AND SUPPORTING EXCELLENCE IN TEACHING AND RELATED RESPONSIBILITIES, AS WELL AS IN THE ANCILLARY ACTIVITIES OF THE ENTIRE INSTITUTION. 19 19 366 80 0 0 1381702 1241396 11835877 12254065 199556 185918 36788 101944 13453923 13783323 2181255 1976610 0 0 7375163 7706170 0 0 837531 4524692 4906754 14081110 14589534 -627187 -806211 16148081 16930095 5113043 6568432 11035038 10361663 X GRACE CHRISTIAN UNIVERSITY SEEKS TO DEVELOP PASSIONATE SERVANTS OF JESUS CHRIST BY PERSONALLY EDUCATING STUDENTS IN AN EDUCATIONAL PROGRAM THAT EMPHASIZES THE INTEGRATION OF BIBLICAL TRUTH, MINISTRY EXPERIENCE, AND CHARACTER TRANSFORMATION. THIS EMPHASIS PERVADES THE ENTIRE CAMPUS AS THE UNIVERSITY STRIVES TO CULTIVATE A CARING LEARNING COMMUNITY WHERE JESUS CHRIST IS EXALTED AND STUDENTS ARE EQUIPPED FOR SERVING THE NEEDS OF CHURCH AND SOCIETY. 0 0 4500481 10605299 INSTRUCTION - GRACE CHRISTIAN UNIVERSITY PROVIDED EDUCATIONAL SERVICES INTEGRATING ARTS, SCIENCES AND BIBLICAL/THEOLOGICAL STUDIES. 4695620 1682026 STUDENT SERVICES - SERVICES RELATED TO THE ENROLLMENT, LIBRARY AND COMMUNITY LIFE NEEDS OF STUDENTS WERE PROVIDED BY GRACE CHRISTIAN UNIVERSITY. 1976610 1976610 SCHOLARSHIPS - THE MAJORITY OF STUDENTS ATTENDING GRACE CHRISTIAN UNIVERSITY PRESENT SOME LEVEL OF UNMET FINANCIAL NEED. THE UNIVERSITY PROVIDES SCHOLARSHIPS TO THESE STUDENTS BASED ON THE SCHOLARSHIP POLICY ADOPTED BY THE BOARD. 11172711 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 30 0 1 366 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MI X DR KEN KEMPER 6165382330 1011 ALDON ST SW WYOMING MI 495091921 RANDY ZANDBERGEN DIRECTOR 1.00 X 0 0 0 KEITH KEMPER DIRECTOR 1.00 X 0 0 0 JAMES MOORE VICE CHAIR 1.00 X X 0 0 0 DR DANIEL GOWDY DIRECTOR 1.00 X 0 0 0 PASTOR CALEB BEFUS DIRECTOR 1.00 X 0 0 0 DR GRETCHEN JOHNSON DIRECTOR 1.00 X 0 0 0 DR MULONGE KALUMBULA DIRECTOR 1.00 X 0 0 0 REBEKAH SHYNE SECRETARY 1.00 X X 0 0 0 DALE DAY TREASURER 1.00 X X 0 0 0 SHOCKA WILLIAMS DIRECTOR 1.00 X 0 0 0 RUSSELL KOPP CHAIRMAN 1.00 X X 0 0 0 MICHAEL ZUVERINK DIRECTOR 1.00 X 0 0 0 JILL ANDERSON DIRECTOR 1.00 X 0 0 0 MATTHEW HALL DIRECTOR 1.00 X 0 0 0 DR KIZOMBO KALUMBULA DIRECTOR 1.00 X 0 0 0 DR BYRAN WALKER DIRECTOR 1.00 X 0 0 0 ALEX LEBRON DIRECTOR 1.00 X 0 0 0 KYMBERLY MCFADDEN DIRECTOR 1.00 X 0 0 0 CAMERON TOWNLEY DIRECTOR 1.00 X 0 0 0 DR KEN KEMPER PRESIDENT 40.00 X 65119 0 68425 JEFF VANDYKE VICE PRESIDENT 40.00 X 93499 0 5250 KIMBERLY PILIECI PROVOST 40.00 X 115851 0 6578 ROBERT ELUSKIE IT DIRECTOR 40.00 X 107338 0 31555 381807 0 111808 2 0 0 0 0 158457 29231 1053708 1241396 TUITION AND FEES 611600 10565352 10565352 AUXILIARY ENTERPRISES 611710 1682026 1682026 SPORTING EVENTS 611710 6687 6687 12254065 121358 121358 1230151 1165591 64560 64560 64560 61180 158457 71835 -10655 -10655 INSURANCE PROCEEDS 900099 79339 79339 MISCELLANEOUS INCOME 611710 33260 33260 112599 13783323 12287325 0 254602 X 1976610 1976610 281557 51332 160227 69998 6091702 5149870 492291 449541 160346 125451 19583 15312 783298 584286 175652 23360 389267 324924 32702 31641 7265 7265 76034 76034 256104 131865 9505 114734 606793 479405 99606 27782 257101 236533 20568 258475 234743 10701 13031 246276 246276 650521 601925 48596 RECRUITMENT 731851 720958 10893 BOOKS 287570 287570 PROVISION FOR CREDIT LO 229538 229538 SPORTS 227224 227224 1072002 760973 229790 81239 14589534 11172711 2579292 837531 32342 22062 5815 150 592876 1119054 158479 129522 19191125 7091692 12278563 12099433 3080006 3559874 16148081 16930095 540462 780727 395623 724164 4005987 4944934 170971 118607 5113043 6568432 X 7477241 6779368 3557797 3582295 11035038 10361663 16148081 16930095 X -806211 113640 19196 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2623483 273911 19382 366336 2550440 1032382 1572726 18375 2623483 1022847 9535 1032382 1097346 -74499 1022847 1018814 78532 1097346 0.02220 0.97780 1 0 235732 235732 15113604 3891302 11222302 3327036 2815773 511263 514753 384617 130136 12099433 ANNUITY CONTRACTS 9769 FINANCE LEASE OBLIGATIONS 108838 118607 X 12152481 113640 141097 -1957414 -1702677 13855158 -71835 -71835 13783323 12825856 141097 71835 212932 12612924 1976610 1976610 14589534 PART V, LINE 4: PRIMARILY, THE EARNINGS GENERATED BY ENDOWED FUNDS ARE INTENDED TO PROVIDE SCHOLARSHIPS FOR THE STUDENTS OF GRACE CHRISTIAN UNIVERSITY. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THE UNIVERSITY TO BE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE UNIVERSITY QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THEREFORE, NO PROVISION FOR INCOME TAXES IS MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. TAX POSITIONS TAKEN ARE ASSESSED FOR UNCERTAINTY AND A PROVISION MAY BE RECORDED IF A TAX POSITION IS NOT LIKELY TO BE SUSTAINED UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON BENEFICIAL INTEREST 19,196. SCHOLARSHIP EXPENSE -1,976,610. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS - DIRECT EXPENSES -71,835. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS - DIRECT EXPENSES 71,835. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE 1,976,610. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATION POLICY OF GRACE CHRISTIAN UNIVERSITY IS PROMINENTLY DISPLAYED DURING THE REGISTRATION PERIOD, INCLUDING ON THE APPLICATION ITSELF. LINE 6A EXPLANATION OF GOVERNMENT FINANCIAL AID: THE UNIVERSITY ADMINISTERS FINANCIAL AID ON BEHALF OF ITS STUDENTS. SUCH FUNDING HAS BEEN PROVIDED BY THE U.S. DEPARTMENT OF EDUCATION. GOLF OUTING CLASSIC 63067 45367 17700 10894 1101 5837 GALA 65635 57755 7880 1500 11133 14384 426 3 90935 55335 35600 17234 4233 5093 219637 158457 61180 29628 16467 14384 11356 71835 -10655 1 GRACE CHRISTIAN UNIVERSITY INSTITUTIONAL SCHOLARSHIPS 799 1976610 COST SCHOLARSHIPS FOR TUITION AND FEES PART I, LINE 2: IT IS THE POLICY OF GRACE CHRISTIAN UNIVERSITY TO PROCESS ALL INSTITUTIONAL FINANCIAL AWARDS THROUGH THE SCHOLARSHIP COMMITTEE WHICH CONSISTS OF THE FINANCIAL AID DIRECTOR, VICE PRESIDENT FOR BUSINESS AND FINANCE, AND VICE PRESIDENT FOR COMMUNITY LIFE AND STUDENT SERVICES. THE COMMITTEE MAY ALSO CHOOSE TO OCCASIONALLY INCLUDE OTHER PERTINENT FACULTY OR STAFF. X 4 80630 MARKET VALUE 0 0 0 0 LINE 9 EXPLANATION OF NUMBER OF CONTRIBUTIONS THE UNIVERSITY IS REPORTING IN PART I, COLUMN (B), LINE 9 THE NUMBER OF PUBLICLY TRADED SECURITY CONTRIBUTIONS RECEIVED DURING THE YEAR. FOR PURPOSES OF THIS REPORTING, EACH SEPARATE CONTRIBUTION EVENT IS TREATED AS ONE ITEM, REGARDLESS OF THE NUMBER OF SHARES CONTRIBUTED. THERE WERE FOUR SUCH CONTRIBUTION EVENTS DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 2 DR. KEN KEMPER (UNIVERSITY PRESIDENT) AND KEITH KEMPER (DIRECTOR) ARE BROTHERS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE UNIVERSITY'S FORM 990 IS REVIEWED AND APPROVED BY MEMBERS OF MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD PRIOR TO FINAL SUBMISSION. THE FINAL FORM 990 IS AVAILABLE TO THE FULL BOARD UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, THE UNIVERSITY PRESIDENT, MEMBERS OF SENIOR MANAGEMENT, EMPLOYEES, AND CERTAIN VOLUNTEERS ARE REQUIRED TO SIGN THE UNIVERSITY'S CONFLICT OF INTEREST STATEMENT. THE STATEMENT MUST BE KEPT ON FILE AND UPDATED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF MEMBERS OF SENIOR MANAGEMENT, INCLUDING THE UNIVERSITY PRESIDENT IS DETERMINED ANNUALLY BY THE EXECUTIVE COMMITTEE DURING THE ANNUAL BUDGETING PROCESS. COMPARABLE DATA IS CONSIDERED; HOWEVER, BUDGETARY CONSTRAINTS GENERALLY DICTATE A LIMIT TO COMPENSATION LEVELS. THE RESULTS OF THIS PROCESS ARE DOCUMENTED AND MAINTAINED IN THE PERSONNEL FILES OF THE RESPECTIVE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO INTERESTED PARTIES UPON REQUEST. FORM 990, PART IX, LINE 24E FOOD SERVICE: PROGRAM SERVICE EXPENSES 213,692. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 213,692. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 112,837. MANAGEMENT AND GENERAL EXPENSES 67,263. FUNDRAISING EXPENSES 2,083. TOTAL EXPENSES 182,183. SUPPLIES & SERVICES: PROGRAM SERVICE EXPENSES 149,498. MANAGEMENT AND GENERAL EXPENSES 20,560. FUNDRAISING EXPENSES 10,452. TOTAL EXPENSES 180,510. VEHICLE EXPENSE: PROGRAM SERVICE EXPENSES 18,790. MANAGEMENT AND GENERAL EXPENSES 62,450. FUNDRAISING EXPENSES 168. TOTAL EXPENSES 81,408. REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 73,276. MANAGEMENT AND GENERAL EXPENSES 5,571. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,847. MARKETING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 18,356. FUNDRAISING EXPENSES 41,977. TOTAL EXPENSES 60,333. ACCREDITATION: PROGRAM SERVICE EXPENSES 43,328. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,328. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 43,304. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,304. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 32,211. MANAGEMENT AND GENERAL EXPENSES 2,513. FUNDRAISING EXPENSES 6,426. TOTAL EXPENSES 41,150. TEACHING EXPENSE: PROGRAM SERVICE EXPENSES 39,218. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,218. SPECIAL EVENTS: PROGRAM SERVICE EXPENSES 21,335. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 13,467. TOTAL EXPENSES 34,802. CLASS FEES: PROGRAM SERVICE EXPENSES 31,721. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,721. POSTAGE: PROGRAM SERVICE EXPENSES 3,850. MANAGEMENT AND GENERAL EXPENSES 8,442. FUNDRAISING EXPENSES 3,068. TOTAL EXPENSES 15,360. SPECIAL PROJECTS: PROGRAM SERVICE EXPENSES 10,410. MANAGEMENT AND GENERAL EXPENSES 562. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,972. GRADUATION EXPENSES: PROGRAM SERVICE EXPENSES 3,757. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,757. PUBLICATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 3,598. TOTAL EXPENSES 3,598. MEALS: PROGRAM SERVICE EXPENSES 2,334. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,334. CONSUMABLE EQUIPMENT: PROGRAM SERVICE EXPENSES 1,978. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,978. COMMUNITY SERVICE: PROGRAM SERVICE EXPENSES 1,661. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,661. REGISTRAR: PROGRAM SERVICE EXPENSES 1,077. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,077. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 769. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 769. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON BENEFICIAL INTEREST 19,196. PART XII, LINE 2C THE FINANCE COMMITTEE OF THE UNIVERSITY AND MEMBERS OF SENIOR MANAGEMENT ASSUME RESPONSIBILITY FOR THE ANNUAL FINANCIAL STATEMENT AUDIT AND SELECTION OF THE INDEPENDENT AUDIT FIRM. THERE HAVE BEEN NO CHANGES TO THIS PROCESS DURING THE CURRENT YEAR.