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Filing year 2023

GRACE EVANGELICAL COLLEGE & SEMINARY

Bangor, Maine·EIN 01-0543513·NTEE B40 · Education·501(c)(3)
Total revenue
$137k
Total assets
$639k
Total expenses
$304k
Reported officers
9
Mission

TO EDUCATE, EQUIP AND PROVIDE SERVANT LEADERS FOR THE BODY OF CHRIST TO FULFILL THE GREAT COMMISSION.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Director
Officer (Unspecified)
$69k
$77k
Director
Officer (Unspecified)
$22k
$25k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 7 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GRACE EVANGELICAL COLLEGE & SEMINARY equaled 23% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
23%
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.

Top compensation, year by year

From $20k in 2022 to $69k in 2023.

$20k
2022
$69k
2023
In today's dollarsEst.
Up 234% in real terms$23k to $77k

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

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 GRACE EVANGELICAL COLLEGE & SEMINARY

What are GRACE EVANGELICAL COLLEGE & SEMINARY's revenue and expenses?

In 2023, GRACE EVANGELICAL COLLEGE & SEMINARY reported $137k in total revenue and $304k in total expenses on its IRS Form 990.

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