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Filing year 2023

MARANATHA BAPTIST UNIVERSITY INC

Watertown, Wisconsin·EIN 39-1097032·3
Total revenue
$17.2M
Total assets
$22.5M
Total expenses
$18.3M
Reported officers
21
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.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

Base
$125k
Bonus
Other
Benefits
$70k
VP Business Affairs
vice president
$120k
$133k
Chancellor
officer (unspecified)
$81k
$89k
$47k
$52k
Secretary
board secretary
$300
$331
Chairman
board chair
$250
$276
Trustee
board member
$100
$110

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 14 unpaid individuals.

Up 16%
from 2022

From $166k in 2022 to $192k in 2023.

$166k
2022
$192k
2023
In today's dollarsEst.
Up 11% in real terms$191k to $212k

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.

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

Revenue and expenses over time

MARANATHA BAPTIST UNIVERSITY INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$17.5M
$18.1M
2022
$17.2M
$18.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
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