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Filing year 2024

INTER-LUTHERAN THEOLOGICAL SEMINARY

Hancock, Michigan·EIN 41-0918317·NTEE X21 · Religion-Related·501(c)(3)
Total revenue
$294k
Total assets
$839k
Total expenses
$240k
Reported officers
13
Mission

SEMINARY FOR STUDENTS.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

President
75th to 90th percentile
$142k
$153k
Secretary
Secretary (Operational)
25th percentile to medianvs Religion-Related peers nationwide
$22k
$24k

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 11 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at INTER-LUTHERAN THEOLOGICAL SEMINARY equaled 59% of the organization's total expenses. The median for religion-related organizations is 18%.

This organization (2024)
59%
Sector median
18%
Middle half of sector
8% to 34%

Based on 11,129 religion-related 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.

Up 44%
from 2023

From $99k in 2023 to $142k in 2024.

$99k
2023
$142k
2024
In today's dollarsEst.
Up 40% in real terms$109k to $153k

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 44% from 2023 to 2024, while revenue rose 12%.

$99k in 2023 to $142k in 2024.
  • Secretary (Operational) pay rose 7% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 INTER-LUTHERAN THEOLOGICAL SEMINARY

What does the Chief Executive Officer of INTER-LUTHERAN THEOLOGICAL SEMINARY earn?

In 2024, the Chief Executive Officer of INTER-LUTHERAN THEOLOGICAL SEMINARY received $141,804 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Religion-Related organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INTER-LUTHERAN THEOLOGICAL SEMINARY compare with similar nonprofits?

Compared with the same role at Religion-Related organizations in Michigan, the 2024 pay of the Chief Executive Officer at INTER-LUTHERAN THEOLOGICAL SEMINARY falls between the 75th and 90th percentiles. In 2024, the highest total compensation at INTER-LUTHERAN THEOLOGICAL SEMINARY equaled 59% of the organization's total expenses. The median for religion-related organizations is 18%.

What are INTER-LUTHERAN THEOLOGICAL SEMINARY's revenue and expenses?

In 2024, INTER-LUTHERAN THEOLOGICAL SEMINARY reported $294k in total revenue and $240k in total expenses on its IRS Form 990.

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