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Filing year 2023

PURITAN REFORMED THEOLOGICAL SEMINARY

Grand Rapids, Michigan·EIN 20-2394341·NTEE B40 · Education·501(c)(3)
Total revenue
$9.3M
Total assets
$18.7M
Total expenses
$6M
Reported officers
19
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.

Executive compensation

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
Median to 75th percentile
$144k
$159k
Employee
Highest Compensated Employee
25th percentile to median
$143k
$158k
Employee
Highest Compensated Employee
25th percentile to median
$143k
$158k
Employee
Highest Compensated Employee
10th to 25th percentile
$129k
$143k
Employee
Highest Compensated Employee
10th to 25th percentile
$125k
$138k
Employee
Highest Compensated Employee
10th to 25th percentile
$121k
$134k

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 13 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PURITAN REFORMED 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.

Held steady
from 2022

From $144k in 2022 to $144k in 2023.

$144k
2022
$144k
2023
In today's dollarsEst.
Down 4% in real terms$165k to $159k

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 held roughly steady from 2022 to 2023, while revenue rose 39%.

$144k in 2022 to $144k in 2023.
  • Highest Compensated Employee pay held roughly steady from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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 PURITAN REFORMED THEOLOGICAL SEMINARY

What does the Chief Executive Officer of PURITAN REFORMED THEOLOGICAL SEMINARY earn?

In 2023, the Chief Executive Officer of PURITAN REFORMED THEOLOGICAL SEMINARY received $144,186 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PURITAN REFORMED 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 PURITAN REFORMED THEOLOGICAL SEMINARY falls between the median and the 75th percentile. In 2023, the highest total compensation at PURITAN REFORMED THEOLOGICAL SEMINARY equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are PURITAN REFORMED THEOLOGICAL SEMINARY's revenue and expenses?

In 2023, PURITAN REFORMED THEOLOGICAL SEMINARY reported $9.3M in total revenue and $6M in total expenses on its IRS Form 990.

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