Skip to main content
Filing year 2023

Calvin Theological Seminary

Grand Rapids, Michigan·EIN 38-3001876·NTEE B58Z · Education·501(c)(3)
Total revenue
$11.4M
Total assets
$92.6M
Total expenses
$12.3M
Reported officers
25
Mission

Calvin Theological Seminary exists to serve the Christian Reformed Church in North America and wider constituencies by preparing persons for biblically faithful and contextually effective ministry of the Word and by offering reformed theological scholarship and counsel.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Michigan.

President
75th to 90th percentile
$214k
$237k
Base
$184k
Bonus
Other
$396
Benefits
$11k
Director of Development
25th percentile to medianvs Education peers nationwide
$135k
$149k
Professor of Pastoral Theology, Care and Counseling
Highest Compensated Employee
10th to 25th percentile
$132k
$146k
Chief Operating Officer
25th percentile to medianvs Education peers nationwide
$131k
$145k
Chief Academic Officer
Highest Compensated Employee
10th to 25th percentile
$121k
$133k
Controller
10th to 25th percentilevs Education peers nationwide
$67k
$74k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 19 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Calvin Theological Seminary equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 7%
over 2 years

From $199k in 2021 to $214k in 2023.

$199k
2021
$210k
2022
$214k
2023
In today's dollarsEst.
Down 4% in real terms$247k to $237k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 7% from 2021 to 2023, while revenue fell 16%.

$199k in 2021 to $214k in 2023.
  • Chief Development Officer pay rose 10% from 2021 to 2023.
  • Highest Compensated Employee pay fell 7% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Calvin Theological Seminary

What does the Chief Executive Officer of Calvin Theological Seminary earn?

In 2023, the Chief Executive Officer of Calvin Theological Seminary received $214,150 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Calvin Theological Seminary compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2023 pay of the Chief Executive Officer at Calvin Theological Seminary falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Calvin Theological Seminary equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are Calvin Theological Seminary's revenue and expenses?

In 2023, Calvin Theological Seminary reported $11.4M in total revenue and $12.3M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.