ANNUAL REPORT - Bellin College

ANNUAL REPORT2020–2021

Bellin College Board of Trustees

Officers:Chairperson Mike Van AstenVice Chairperson Brandon GuyetteSecretary Karen BrukardtTreasurer Cory SpiceAt-Large Robert ClausenTerry Fulwiler

Trustees:Connie Boerst, Ed.D. – President/CEO Bellin College

Deborah Breunig – Vice President A&D/Healthcare Marketing, KI (Retired)

Karen Brukardt – Bellin College Alumni, Class of 1966

Robert Clausen – Vice President of Finance, Paper Converting Machine Company (Retired)

Gerald (Cort) Condon, Jr. – Attorney/CPA, Condon & Herald Attorneys

Eliot Elfner, Ph.D. – Professor of Business Administration/Professor Emeritus, St. Norbert College (Retired)

Terry Fulwiler – CEO, W.S. Packaging Group, Inc. (Retired)

Brannon Guyette – Wealth Management Advisor, RBC Wealth Management

Cindy Loritz – Senior Broker Associate, Coldwell Banker – The Real Estate Group, Inc.LuEllen Oskey – Director of Executive Administration, Schneider National Inc.

Thomas Prust – Executive Vice President Secretary, Alwin Manufacturing Company, Inc. (Retired)

Donald Salmon – Vice President Emeritus/Consultant, St. Norbert College

Cory Spice – President, Wisconsin Document Imaging

Mike Van Asten – President, Incredible Edibles Inc.

Matt Wild – CFO, FyterTech Nonwovens LLC

William Wittman, M.D. – Bellin Health/FMC Oconto Falls

Chris Woleske – President/CEO, Bellin Health Systems

Bellin College’s 112-year legacy has delivered amazing results for the communities we serve. The vision of the college created by Dr. Julius Bellin was to educate nurses to provide outstanding care to his patients, and we are proud to carry on that mission while expanding our program offerings to meet the needs of the everchanging healthcare industry. Although we have faced challenges this year, we continue to provide quality education that is both innovative and responsive to the needs of our communities. We have many accomplishments to share with you.

During 2020-2021, Bellin College received accreditation from the Higher Learning Commission (HLC) for three programs: Doctor of Nursing Practice- beginning fall 2021, Doctor of Physical Therapy- beginning fall 2022, and Surgical Technology/First Assisting beginning fall 2021. With these new additions, the college is offering a total of 16 different programs in the healthcare field ranging from certificate to doctorate level.

In 2014 when HLC re-affirmed our accreditation for 10 years, we were only offering programs in nursing and radiologic sciences. As we begin to prepare for reaffirmation visit, HLC will return in the academic year 2023-2024 to validate our growth, our achievements, and our successes. We continue to live out our mission of educating healthcare professionals for the future. In these challenging times, the college is supporting and meeting the healthcare workforce needs now and for years to come.

Our strategic initiatives through 2026 focus on our ability to meet the workforce demands in healthcare, our work within the community, the quality education we provide, our continued growth with programs and initiatives, and a strong financial feature. As we continue to maneuver through the pandemic, our students are in the classroom, lab, and clinical setting, gaining new knowledge and insight of the impact of COVID-19.

Our students rely on your continued support through scholarship, programming, and expanded amenities. With enrollment of over 800 students, we strive to serve and educate.

Bellin College has made an extraordinary commitment to providing scholarships and need-based financial aid to students seeking to better their lives by studying on our campus.

Keeping Bellin College’s high-quality education affordable depends on these essential elements — cost control, increasing financial aid, tuition restraint, and philanthropy — along with what we hope will be a continuation of reinvestment by each of you in our mission.

I believe our future success is defined in part by our ability to contribute to the solution of healthcare’s most daunting challenges in the workforce, bringing forward graduates that can meet the opportunities and be leaders in healthcare today. The initiatives and new endeavors we launched in recent years are helping to unleash faculty creativity in innovative ways. Collaborations are driving many accomplishments with our work in the Green Bay area and beyond.

If I had to summarize this past year, I would say that our employees and students stepped up and sacrificed together to be successful during a pandemic. I am proud of the work of our dedicated faculty and staff members who reimagined processes and embraced practices to ensure our success across the institution. I could not be more grateful to our trustees for their steady stewardship and support. A special thank you is extended to our donors whose continued belief in us and our mission allows us to grow and expand our educational offerings. Thank you and enjoy reviewing this report, demonstrating our growth and successes.

Positively,

Connie J. BoerstConnie J. Boerst, EdD, RN President/CEO Bellin College

A Message From the President

3Annual Report 2020-2021

Dear Friends of the College,

As much as we want to be finished with COVID-19, we have to accept the fact COVID-19 isn’t finished with us. Challenges remain and we are reminded daily what we do at Bellin College really matters. The pressing question of our time is whether we can make this disruption our friend and not our enemy. Many consider the world’s largest religious order, the Jesuits, the model of best practices in education. With a 450-year history as guide, the Order currently operates 2,000 institutions of learning in more than 100 countries. Jesuit ingenuity is the ability to innovate, absorb new perspectives, respond quickly to opportunities or threats and let go of strategies that no longer work in order to embrace the new.

While not a Jesuit institution, I believe Bellin College exemplifies these time-tested, solid principles. All members of college leadership continually rethink and reimagine; contemplate and then act; innovate and improve. All are in focus and in so doing are able to seize opportunities and overcome barriers. The board of trustees intentionally assist College leadership by practicing strategic thinking – an ongoing process that adapts and adjusts to changing circumstances.

Philanthropy supports extraordinary healthcare professionals. Bellin College has a stellar academic reputation – graduates of our programs are recognized among the best in the Midwest. Donors applaud and support these “healthcare heroes” – all members of the college community applaud and thank you.

With the Mission and Vision of Bellin College as our guide, we will continue to grow and evolve and remain relevant. To all volunteers, donors, staff, leadership team and board, thank you for joining on this vital journey. Together we will continue to make a profound impact and meet the growing healthcare needs of northeast Wisconsin and beyond.

Sincerely,

Mike Van AstenMike Van Asten | President, Incredible Edibles, Inc.

A Message From the Board of Trustees Chairperson

4 Annual Report 2020-2021

“The pressing question of our time is whether we can make this disruption our friend or our enemy.”

Giving ClubsThe Legacy Society of Bellin College, formed in 2001, provides donors the opportunity to remember the College in their estate planning. Sometimes making gifts to the College during one’s lifetime is not possible, and a bequest is more feasible. An estate gift leaves a legacy to our students by supporting their education and making a career in nursing, diagnostic medical sonography and radiologic sciences possible. We thank the many forward-thinking benefactors of the College whose legacies have already provided the College with more than $1.7 million in gifts.

The following Legacy Society members identified Bellin College in their planned giving:

Dr. Thomas & Louvain+ BenoEsther R. Buth+

Dr. Penelope Peacock CroghanDr. Peter & Katherine FergusB.J. Andrews Figlia (‘59)Bernice (Mac) Fleck+ (‘35)Grace E. Fletcher+ (‘31)Dr. John+ & Ruth+GoelzCharles+ & Lois+ HanawayJoAnn HanawayElmer+& Elaine+ HansenPhil+ & Besty+ HendricksonDenise DeDecker Hess (‘80)Harold+ & Arleen+Vanden Heuvel Family Trust

Laura Hieb (‘89)Dr. Oliver+ & Lucyanna+ HitchCheryl Hoida (‘80)Mary Jacobs+

Robert+ & Dorothy+ JuliusGeorge & Kasha KerwinWalter+ & Joyce+ KlunkHarold Knutson+

Lawrence J.+& Katherine H.+KnutsonAlma Kuschel+(‘41)Charles+ & Laurabell Larsen+

Betty Lynch+

Barbara Petersen Matthews+ (‘58)Joyce A. McCollumMargaret McKanna+

Dr. Hiro Nishioka

Drs. Bharat Pathakjee & Susan WaraczynskiJoyce Prust+ (‘28)Richard ReschRuth Somerville+

Dr. Carrie ThomsAudrey Thorpe+

Mike Van AstenWarren+ & Mary L.+ Von EhrenJoyce M. Wentland Williams+ (‘61)Yvonne Woldt Zavoshy (‘61)Donna (‘69) & Bill Zelazoski

+Deceased

Florence Nightingale Society ($10,000+)Dr. Scott & Nancy ArmbrustBruce & Carol Bell / Easter Foundation, Inc.Bellin Health FoundationBellin Health SystemJames Erdman/Eli Lilly & Company FoundationMarian HartRon C. & Pauline P. Heim Charitable Fund at GGBCF*Elizabeth B. & Philip J. Hendrickson Foundation, Ltd.Heyrman Construction Co. Inc. FoundationLoretta Wells FoundationLUX Foundation, Inc.Norman Miller Family Foundation, Inc.Ruth St. John and John Dunham West Foundation, Inc.Schneider National Foundation, Inc.Dr. Richard & Sharon ('62) ThomasJim Van AbelMike Van Asten via Community Foundation for the Fox Valley RegionWAICUChris Woleske/Christine Wilde Woleske Fund at GGBCF*Yvonne Woldt Zavoshy ('61)


Visionaries ($5,000 - $9,999.99)Anonymous DonorsBelmark, Inc.Karen Brukardt ('66) / Gary Brukardt

Foundation FundBob & Kay ClausenCloud Family Foundation, Inc.Dr. Eliot & Bonnie ElfnerGreen Bay Packers Give BackDr. Wm. David & Mary JonesAnn KapitzPaul Kosmoski / KOS ManagementRadiology CharteredRosemann Family FoundationJudith Ross Stevenson+

Jim & Betty Strohschein / Babcock 1, LLC

Partners ($2,500-$4,999) American Foods GroupAnonymous DonorsAssociated BankDr. Connie ('85) & Jeffrey Boerst /

Boerst Builders, LLCBollom Family Fund at GGBCF*Capital Credit UnionJohn & Lisa DykemaLaura Hieb ('89)Dr. Sally Karioth ('67)KIBeverly Larsen ('64)

Susan ('82) & Tom MeinzMichong Powers ('03)Dr. Benson & Barbara RichardsonSchreiber Foods, Inc.

Patrons ($1,000 - $2,499.99AAUW Green Bay (WI) BranchBeatrice Agamaite ('60)Frederick W. & Virginia H. Baer Fund at

GGBCF*Dr. Mark ('05) & Sara ('04) BakeBeverly NelsonBrian LaViolette Scholarship FoundationLiam ('19) & Raquel BrownDr. Nancy & Pepper Burruss / Burruss Family

FoundationChives Restaurant / Logan HigginsConcerned Hearts Club-Northeastern Region

of WisconsinCort CondonCharles CyraDr. Vera Dauffenbach & Rev. Dr. Wil TabbDr. Robert & Susan DeMottDr. Wm F. & Sandra L. Schneider Family

Foundation, Inc.Rev. Dennis EllisenDr. Peter & Teresa FalkDrs. Bruce & Diane FensterDr. Peter & Katherine Fergus

2021 Golf Classic


Gail FischerJoan ('66) & Jay FromingTerry & Kris FulwilerGallagher's PizzaBarbara GeigerScott & Jan HendricksonMark HigginsDr. Amanda ('09) & Ethan HoganDr. Richard & Ellen HorakJohn & Engrid Meng, Inc.Johnson BankFran+ & Diane ('60) JunioBrian KrenkeDon & Kristine KruegerNancy R. KwaterskiE.W. & Margaret Leicht Family Fund at GGBCF*Dan MahlikMartzahl Group at Graystone ConsultingLarry & Marilyn MillerMary Jo MooreNorthern Electric, IncNXC ImagingRennes GroupS & L MotorsDonald SalmonAndrew SchmidtDennis & Nancy SchwenkeCarol ShieldDianne ('70) & Gary SmithMary W. SmitsSt. Norbert CollegeTaylormade Golf Company, Inc.Tweet Garot Mechanical Inc.United Methodist Women of First United Methodist

Church - Green BayJean Miller-Vaessen Scholarship Fund at GGBCF*Gena & Chris Van DomelenWPS FoundationPaul D. Ziemer Memorial Fund at GGBCF*

Honor Society ($500 - $999.99)BayCare Clinic Foundation, Ltd.Brian & Julie (77’) BowersBroadway Enterprises Inc.Camera Corner Connecting Point, Inc.James ConardChristopher ElfnerFox Communities Credit UnionJay FrohAnne Hale

JoAnn HanawayJames HansenHurckman Mechanical Industries, Inc.ICFDr. Chuck & Carol IhrkeGeorge & Kasha KerwinKohler FoundationGeraldine Lewis-NytesCindy & Craig LoritzEdward & Terri MartinThomas OlsonAllan Hamid Ziaimehr & Muriel OlsonLois PhilippJames Plummer (‘19)Cynthia ReinlDr. Mary RolloffBenjamin Royce (‘19)Lianne Schlittenhart (‘53)Tom & Amanda ShefchikCory & Trisha SpiceBarbara StromElinor Thomas (‘59)Dr. Carrie ThomsDr. Kevin & Cindy WienkersDonna (‘69) & Bill Zelazoski

Heritage Society: $250.00 - $499.99Hans AndersonAnonymous DonorsRichard & Karen BlahnikJason BoltaxDorothy BriceConnie (‘08) & Herb ButtrickPablo Carvallo / Pablo PaintsCliff & Shirley ChristlRenne Crozier-Comins (‘89)Cindy Defnet (‘81)Gale Denis (‘94)Lois DePouw (‘79)Steve DerenneBarbara Douglass (‘82)Betty HaeversMelissa HamacheckLorena HeinrichPat & Janice HenningHigh Point InnCheri HodgesGinger Krummen SchravenDr. Fred & Katherine LamontWayne & Terese Lubner Fund at GGBCF*


Michael MadsonJanelle & Steve MaricqueEdward Meyer Jr.Marvin MoodRick & Barbara NuetzelJohn & Mary RocheleauDan & Corinne (‘11) RomeneskoKaren Sanchez (‘97)Nancy SapiroJeffrey SapiroDr. John SoeterMonica Vigues-PitanBetty Weizenicker (‘76)Paul Ziemer Jr.

Founders Society: $100.00 - $249.99Becky Barnes (‘70)Avram BerkKaren Bialkowski (‘68)Patrick BoexDeborah Breunig (‘95)Dr. John+ & Joan BruskyAudrey Burmeister (‘68)Calvary-Zion United Methodist WomenPaige (‘10) & Mike CastilloKelly ChristlKeith ColemanGreg & Diane Conway Family Fund at GGBCF*Elwin & Ruth CrandallChad Dall (‘02)Day SpaMichele DeBaker (‘77)Amy DettmanJeff DowdLeola Ellsworth (‘51)Robert & Donna GattoWilliam & Jeanine GovekGreen Bay Kiwanis Foundation, Inc.Carole GruesenBrannon (‘97) & Chris (‘99) GuyetteWilliam & Nancy HayesGeorge & Susan HenlyJohn HeyrmanDebra HockersRonald & Beverly HubbardGeralyn Jadin (‘74)Lynda Jaloszynski (‘65)Sharon KieferRobbie KocianDr. Lori Kulju (‘84)

Martin KummerGary & Jill LanttaMichelyn Larson (‘63)Russell LearyJune Maile (‘83)Geri E. MaxwellMichael & Kate Meeuwsen Family Fund at GGBCF*Linda Michaelis (‘69)Betty MichielsBenjamin & Barbara MillerMarilyn Moorehead (‘66)Ted & Phyllis MularzBruce & Lisa NealMatt & Melissa RentmeesterWilliam & Connie SchulerStephen & Lorry StilesMarjorie Weber Stolz (‘50)Mary (‘63) & Lawrence TeofiloSarah TuiteUnity HospiceMike VaessenJim & Carolyn VanMillervon Stiehl WineryCliff & Betty WallElmarie WohlFaith Zimmerman (‘71)

* Greater Green Bay Community Foundation (GGBCF)+ Deceased

Bellin College Graduation, May 2021



Assets 2021 2020Cash and cash equivalents $ 806,662 $ 863,970 Investments - Without donor restriction $ 12,736,699 $ 9,779,903 Tuition receivable $ 155,902 $ 239,439 Prepaid expenses and other $ 468,543 $ 431,345 Investments - Limited as to use $ 15,670,608 $ 13,719,593 Property and equipment - Net $ 9,204,322 $ 9,792,443 Total Assets $ 39,042,736 $ 34,826,693

Liabilities and Nets AssetsLiabilities:Current portion of capital lease obligations $ 28,860 $ 25,828 Accounts payable - Operations $ 63,582 $ 97,380 Accrued salaries and benefits $ 1,003,728 $ 704,841 Due to affiliate $ 1,251,135 $ 663,121 Deferred student tuition $ 986,114 $ 410,864 Long-term capital lease obligations $ 49,958 $ 64,376 Total Liabilities $ 3,383,377 $ 1,966,410

Net Assets:Net assets without donor restrictions $ 19,940,545 $ 19,027,722 Net assets with donor restrictions $ 15,718,814 $ 13,832,561 Total Net Assets $ 35,659,359 $ 32,860,283

Total Liabilities and Net Assets $ 39,042,736 $ 34,826,693

Statements of Financial PositionYear end comparison of fiscal year 2021 and 2020

Mission Bellin College is dedicated to educating healthcare

professionals through innovation, leadership, and service that promotes lifelong learning and excellence.

Vision Bellin College will be the leader in health science

higher education.

Values

Excellence – being the best Integrity – honest and ethical behavior Community – collaboration and inclusion Caring – empowering relationships based on

empathy and respect


As we continue to expand our programs in health sciences, we did a thorough review of our Mission, Vision, and Values to align with our initiatives. Our updated statements are reflective of our program growth, inclusivity, and our emphasis on leadership. This process included input from all college employees and the Board of Trustees. In May 2021, the Board of Trustees approved these new statements.

3201 Eaton RoadGreen Bay WI 54311

Stay ConnectedFor the latest Bellin College news and information,visit our website at www.bellincollege.edu or follow us on social media @bellincollege(920) 433-6699 • Toll Free: (800) 236-8707

ANNUAL REPORT - Bellin College

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