NonprofitsPuritan Reformed Theological Seminary

Education

Puritan Reformed Theological Seminary

GRAND RAPIDS, MI

Total revenue

$9.3M

Total expenses

$6.0M

Net assets

$18.2M

Grants received

$6.7M

32 grants

EIN

202394341

Tax year

2023

Mission

To prepare students to serve christ and his church through biblical, experiential and practical ministry. Prts provides theological training and instruction in accordance with the scriptures and the historic reformed creeds for promotion and defense of the gospel of jesus christ.

Financials

FY 2023

Revenue

Contributions & grants$8.1M
Program service revenue$739K
Investment income$332K
Other revenue$42K
Total revenue$9.3M

Expenses

Grants paid$446K
Salaries & benefits$3.4M
Fundraising$436K
Other expenses$2.2M
Total expenses$6.0M
Total assets$18.7M
Net assets$18.2M

People

19 listed

NameRoleCompensation

ADRIAAN NEELE

PRESIDENT

Board

$144K

40 hrs/wk

JONATHON ENGELSMA

VICE CHAIRMAN

Board

2 hrs/wk

KEVIN ASH

CHAIRMAN

Board

2 hrs/wk

PAUL GREENDYK

TREASURER

Board

1 hrs/wk

BART ELSHOUT

TRUSTEE

Board

1 hrs/wk

REV DAVID LIPSY

TRUSTEE

Board

1 hrs/wk

REV ERIC MOERDYK

TRUSTEE

Board

1 hrs/wk

KEVIN WALKOTTEN

CFO

Board

40 hrs/wk

PETER KRANENDONK

TRUSTEE

Board

1 hrs/wk

CONNOR KEUNING

TRUSTEE

Board

1 hrs/wk

GARY POSTMA

TRUSTEE

Board

1 hrs/wk

IAN MCLEOD

TRUSTEE

Board

1 hrs/wk

JAMES BEEKE

MINUTES/AGENDA SECRETARY

Board

2 hrs/wk

JOHN KOOPMAN

CORRESPONDENCE SECRETARY

Board

1 hrs/wk

DANIEL TIMMER

EMPLOYEE

Staff

$143K

40 hrs/wk

JONATHON BEEKE

EMPLOYEE

Staff

$129K

40 hrs/wk

ZACHARY ASH

EMPLOYEE

Staff

$125K

40 hrs/wk

STEPHEN MYERS

EMPLOYEE

Staff

$121K

40 hrs/wk

MICHAEL BARRETT

EMPLOYEE

Staff

$113K

40 hrs/wk

Grants received

Showing 32 of 32

FromAmountPurposeYear
$125K
2024
$11K
COLLEGES AND UNIVERSITIES
2024
$2.0M
For grant recipient's exempt purposes
2023
$318K
SUPPORT OF THE SEMINARY
2023
$125K
2023
$2.0M
For grant recipient's exempt purposes
2022
$32K
Religious
2022
$703K
For grant recipient's exempt purposes
2021
$703K
For grant recipient's exempt purposes
2021
$47K
SUPPORT OF THE SEMINARY
2021
$30K
Religious
2021
$86K
SUPPORT OF THE SEMINARY
2020
$16K
For grant recipient's exempt purposes
2020
$61K
support of seminary
2019
$27K
For grant recipient's exempt purposes
2019
$10K
EDUCATION
2019
$52K
support of seminary
2018
$37K
For grant recipient's exempt purposes
2018
$10K
EDUCATION
2018
$73K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$45K
support of seminary
2017

Funded by

$6.7M from 8 funders · 32 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$5.6M · 8 grants · 2017–2023

Puritan Reformed Theological Seminary

$610K · 6 grants · 2017–2023

Re Gen Er Ate

$250K · 2 grants · 2023–2024

Donor Advised Charitable Giving Inc

$109K · 7 grants · 2017–2023

Peaster Foundation

$62K · 2 grants · 2021–2022

Natl Christian Charitable Fdn Inc

$53K · 4 grants · 2022–2024

Servant Foundation

$20K · 2 grants · 2018–2019

Details

EIN202394341
NTEE codeB40
Subsection03
Ruling date2005-11
Formed2004
Employees55
Volunteers25
PURITAN REFORMED THEOLOGICAL SEMINARY — Mission, Financials & Grants Received | Grantivo