Overview Money In Money Out People Connected Orgs Audits Positions Interview Endorsements
About The University, including Cornerstone Theological Seminary, Asia Biblical Theological Seminary, and radio ministries, exists to empower men and women to excel as influencers in our world for Christ by offering a student focused learning community where Jesus Christ is central.
In care of Controller
Donations are tax-deductible
Financial Snapshot FY ending 2024-05-31 Financial history 18 19 20 21 22 23 24
Revenue Expenses
Latest FY2024: $53.6M · Peak FY2018: $63.6M · Avg: $56.0M
Foreign activity (Schedule F) Total spent abroad $103K
Foreign employees 1
Foreign offices 1
Foreign partnership interest No
Foreign trust interest No
Region Activity Spent South Asia — —
Political & Grant Activity Address 1001 E Beltline AVE NE
Grand Rapids, MI, 49525-580
Governance Voting board members 17
Independent members 15
Conflict-of-interest policy Yes
Whistleblower policy Yes
Doc-retention policy Yes
Audit committee Yes
990 reviewed by board Yes
Compensation practices Severance payments Yes
Equity-based comp No
Supplemental retirement plan No
Board approved comp Yes
Initial contract exception No
Financial detail (Schedule D) Board-designated % 14.0%
Permanent endowment % 86.0%
Endowment held by related org No
Fundraising activity (Schedule G) Uses professional fundraisers Yes
Gross fundraising receipts $11K
Net to org -$12K
Retained by contractors $23K
Channels Mail · Phone · Email · In-person · Grant solicitation
Public records
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