Urbana Theological Seminary

Organization Overview

Urbana Theological Seminary is located in Champaign, IL. The organization was established in 1995. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 07/2021, Urbana Theological Seminary employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urbana Theological Seminary is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 07/2021, Urbana Theological Seminary generated $478.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $353.8k during the year ending 07/2021. While expenses have increased by 3.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF URBANA THEOLOGICAL SEMINARY IS TO PROVIDE GRADUATE THEOLOGICAL EDUCATION WHICH PREPARES PEOPLE FOR CHRISTIAN MINISTRY AND LEADERSHIP, EQUIPPING THEM TO LOVE, KNOW, AND SERVE GOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OFFER TRAINING FOR ACADEMIC CREDIT IN SEMINARY PROGRAMS TO PREPARE PEOPLE FOR CHRISTIAN MINISTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Kenneth Cuffey
President
$58,832
Elaine Chaille
Board Member
$11,534
Al Hany
Board President
$0
Donna Higgins
Board Treasurer
$0
Seth Kirlin
Board Secretary
$0
Teresa Pratt
Board Vice-President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $53,500
All other contributions, gifts, grants, and similar amounts not included above$275,406
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$328,906
Total Program Service Revenue$54,963
Investment income $45,168
Tax Exempt Bond Proceeds $0
Royalties $50
Net Rental Income $0
Net Gain/Loss on Asset Sales $49,266
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $478,783

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Urbana Theological Seminary has recieved totaling $75,653.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$75,000
Melba & Friends

Urbana, IL

PURPOSE: GENERAL OPERATING SUPPORT

$500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$153
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,128,377
Earnings$18,451
Ending Balance$2,146,828

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