NonprofitsHood Theological Seminary

Education

Hood Theological Seminary

SALISBURY, NC

Total revenue

$3.8M

Total expenses

$3.9M

Net assets

$18.5M

Grants received

$4.2M

30 grants

EIN

562231069

Tax year

2024

Mission

Educational institution

Financials

FY 2024

Revenue

Contributions & grants$1.6M
Program service revenue$1.2M
Investment income$887K
Other revenue$61K
Total revenue$3.8M

Expenses

Grants paid$126K
Salaries & benefits$1.9M
Fundraising$421K
Other expenses$1.9M
Total expenses$3.9M
Total assets$21.2M
Net assets$18.5M

People

27 listed

NameRoleCompensation

DR VERGEL L LATTIMORE

SEMINARY PRESIDENT

Board

$193K

60 hrs/wk

SANDRA CROWDER

TRUSTEE

Board

2 hrs/wk

BISHOP GEORGE W C WALKER SR

TRUSTEE EMERITUS

Board

2 hrs/wk

JANET WARD BLACK

TRUSTEE EMERITUS

Board

2 hrs/wk

BISHOP JOSEPH JOHNSON

TRUSTEE EMERITUS

Board

2 hrs/wk

REV DR DOUGLAS L MAVEN

TRUSTEE

Board

2 hrs/wk

DR CHARLIE DAVIDSON

TRUSTEE

Board

2 hrs/wk

JUDGE ADELE M RILEY

TRUSTEE

Board

2 hrs/wk

REV DR SHELDON SHIPMAN

SECRETARY

Board

5 hrs/wk

DR GAIL HOUNSHELL

TRUSTEE

Board

2 hrs/wk

DR SANDRA L GADSON

TRUSTEE

Board

2 hrs/wk

BISHOP DARAN MITCHELL

TRUSTEE

Board

2 hrs/wk

BISHOP DWAYNE A WALKER

TRUSTEE

Board

2 hrs/wk

REV DR RANDELL A CAIN JR

TRUSTEE

Board

2 hrs/wk

REV DR NILOUS M AVERY II

TRUSTEE

Board

2 hrs/wk

BISHOP GEORGE D CRENSHAW

VICE CHAIRMAN

Board

5 hrs/wk

BISHOP W DARIN MOORE

CHAIRMAN

Board

5 hrs/wk

BISHOP DARRYL B STARNES

TRUSTEE

Board

2 hrs/wk

DEAN CAROLINE L LATTIMORE

TRUSTEE

Board

2 hrs/wk

REV PATRICK BARRETT

TRUSTEE/ASST. SECRETARY

Board

5 hrs/wk

REV DR FREDERICK BOWMAN

TRUSTEE

Board

2 hrs/wk

REV DR KEVIN B WESTON

TRUSTEE

Board

2 hrs/wk

REV DR TIMOTHY FREEMAN

HTSNAA PRESIDENT

Board

2 hrs/wk

BISHOP BRIAN R THOMPSON SR

TRUSTEE

Board

2 hrs/wk

DR GREGORY ALCORN

TRUSTEE

Board

2 hrs/wk

DR CURTIS T WALKER SR

TRUSTEE EMERITUS

Board

2 hrs/wk

REV DR SIDNEY E DAVIS SR

TRUSTEE

Board

2 hrs/wk

Grants received

Showing 30 of 30

FromAmountPurposeYear
$32K
CHARITABLE GIFT
2024
$18K
WOODSON ENDOWED SCHOLARSHIP AND ANNUAL FUND PROGRAM
2024
$11K
SCIENCE IN THEOLOGICAL EDUCATION
2024
$500K
THRIVING IN MINISTRY INITIATIVE
2023
$16K
WOODSON ENDOWED SCHOLARSHIP AND ANNUAL FUND PROGRAM
2023
$10K
CHARITABLE GIFT
2023
$7K
SCHOLARSHIP FUNDING
2023
$5K
GENERAL CHARITABLE PURPOSES
2023
$500
Matching Gifts
2023
$500
Matching Gifts
2023
$1M
PATHWAYS FOR TOMORROW INITIATIVE
2022
$95K
REPAIR OF CONCRETE INSTABILITY ON TWO DORMITORY BUILDINGS
2022
$30K
CHARITABLE GIFT
2022
$10K
TO PROVIDE FINANCIAL ASSISTANCE SCHOLARSHIPS TO CVURRENT AND FUTURE STUDENTS
2022
$5K
INTERFAITH HIV AIDS CAPACITY BUILDING GRANT
2022
$460K
THRIVING CONGREGATIONS INITIATIVE
2021
$50K
PATHWAYS FOR TOMORROW INITIATIVE
2021
$1M
COVID19 HISTORIC BLACK THEOSCHL PROG
2020
$540K
THRIVING CONGREGATIONS INITIATIVE
2020
$40K
CHARITABLE GIFT
2020
$23K
INTEGRATE SCIENCE INTO CORE CURRICULA
2020
$16K
WOODSON ENDOWED SCHOLARSHIP AND ANNUAL FUND DRIVE
2020
$11K
GENERAL FUND
2020
$2K
THEOLOGICAL EDUCATION
2020
$90K
REPLACE AIR CONDITIONING AND HEATING UNITS; UPDATE CAMPUS SIGNAGE
2019
$250K
THRIVING IN MINISTRY INITIATIVE
2018
$11K
For grant recipient's exempt purposes
2018
$1K
GENERAL CHARITABLE PURPOSES
2018
$14K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$4.2M from 14 funders · 30 grants · 2017–2024

Lilly Endowment Inc

$3.8M · 7 grants · 2018–2023

Foundation For The Carolinas

$112K · 4 grants · 2020–2024

Charles A Cannon Trust No 1

$95K · 1 grant · 2022

The Cannon Foundation Inc

$95K · 2 grants · 2019–2023

Margaret C Woodson Foundation Inc

$50K · 3 grants · 2020–2024

American Association For The Advancement

$34K · 2 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$25K · 2 grants · 2017–2018

The Wilson L Smith Family

$11K · 1 grant · 2020

Details

EIN562231069
NTEE codeB50
Subsection03
Ruling date2001-09
Formed2001
Employees67
Volunteers0
HOOD THEOLOGICAL SEMINARY — Mission, Financials & Grants Received | Grantivo