NonprofitsMaranatha Baptist University Inc

Maranatha Baptist University Inc

WATERTOWN, WI

Total revenue

$17.2M

Total expenses

$18.3M

Net assets

$16.7M

Grants received

$1.4M

34 grants

EIN

391097032

Tax year

2023

Mission

The university trains men and women for effective gospel ministry in the local church through a higher educational program of biblical, general, and professional studies.

Financials

FY 2023

Revenue

Contributions & grants$1.1M
Program service revenue$15.2M
Investment income$143K
Other revenue$730K
Total revenue$17.2M

Expenses

Grants paid$1.9M
Salaries & benefits$10.4M
Fundraising$127K
Other expenses$5.9M
Total expenses$18.3M
Total assets$22.5M
Net assets$16.7M

People

21 listed

NameRoleCompensation

DR MATTHEW DAVIS

CEO

Board

$125K

40 hrs/wk

MR DONALD DONOVAN

VP BUSINESS AFFAIRS

Board

$71K

40 hrs/wk

DR MARTY MARRIOTT

CHANCELLOR

Board

$69K

40 hrs/wk

DR DAVE ANDERSON

PRESIDENT

Board

$32K

40 hrs/wk

DR ROBERT LOGGANS

SECRETARY

Board

$300

2 hrs/wk

DR DAVID OLIVER

CHAIRMAN

Board

$250

2 hrs/wk

PASTOR CHAD PRIGGE

TRUSTEE

Board

$100

2 hrs/wk

DR MICHAEL DEAN

VICE-CHAIRMAN

Board

2 hrs/wk

MR MARK POORMAN

AT LARGE

Board

2 hrs/wk

MR DARRELL BEERNINK

TRUSTEE

Board

2 hrs/wk

DR WILLIAM LINCOLN

TRUSTEE

Board

2 hrs/wk

MR KEVIN AMES SR

TRUSTEE

Board

2 hrs/wk

DR MICHAEL STOLTENBERG

TRUSTEE

Board

2 hrs/wk

MR DAVID BALDWIN

TRUSTEE

Board

2 hrs/wk

MR RANDY MELCHERT JR

TRUSTEE

Board

2 hrs/wk

MR ZACHARY MORTIMER

TREASURER

Board

2 hrs/wk

DR ANDY COUNTERMAN

TRUSTEE

Board

2 hrs/wk

DR TIM SCHMIG

TRUSTEE

Board

2 hrs/wk

MR STEPHEN BURTON

TRUSTEE

Board

2 hrs/wk

MR RANDELL GILLESPIE

TRUSTEE

Board

2 hrs/wk

DR JEREMIAH COCHRAN

TRUSTEE

Board

2 hrs/wk

Independent contractors

Pioneer College Caterers Inc

Food Service

$935K

Fierce Strategy and Creative

Contractor

$196K

Poblocki Paving Corp

Contractor

$112K

Grants received

Showing 34 of 34

FromAmountPurposeYear
$26K
STUDENT AID/TUITION
2024
$25K
Student Assistance
2024
$10K
TO PAY TUITION.
2024
$416K
Student Assistance
2023
$50K
ASQ HUB GRANT - KIDDIE KAMPUS, WATERTOWN EMPLOYER SPONSORED CARE
2023
$50K
ASQ HUB GRANT - KIDDIE KAMPUS, WATERTOWN EMPLOYER SPONSORED CARE
2023
$22K
STUDENT AID/TUITION
2023
$10K
TO PAY TUITION.
2023
$7K
For grant recipient's exempt purposes
2023
$142K
Student Assistance
2022
$19K
For grant recipient's exempt purposes
2022
$17K
STUDENT AID/TUITION
2022
$7K
CHARITABLE DONATION
2022
$188K
Student Assistance
2021
$15K
For grant recipient's exempt purposes
2021
$15K
For grant recipient's exempt purposes
2021
$12K
Scholarships/Grants
2021
$246K
Student Assistance
2020
$21K
GENERAL OPERATING
2020
$8K
CHARITABLE DONATION
2020
$500
SUPPORT MISSION TRIP TO PHILLIPINES
2018

Funded by

$1.4M from 14 funders · 34 grants · 2018–2024

Eternal Vision Inc

$1.0M · 5 grants · 2020–2024

Greater Watertown Community Health

$101K · 2 grants · 2023

Herbster Evangelistic Ministries I

$64K · 3 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$57K · 4 grants · 2021–2023

Heartfelt Scholarship Foundation Inc

$40K · 5 grants · 2018–2023

National Collegiate Athletic Association

$28K · 3 grants · 2020–2022

Details

EIN391097032
Subsection03
Ruling date1969-02
Formed1968
Employees678
Volunteers6
MARANATHA BAPTIST UNIVERSITY INC — Mission, Financials & Grants Received | Grantivo