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Grace Evangelical College & Seminary

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010543513 ✦ Bangor, ME ✦ Designated as a 501(c)(3)

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Overview

What is Grace Evangelical College & Seminary?

Grace Evangelical College & Seminary is a nonprofit institution with a mission to educate, equip, and provide servant leaders for the Christian community. Their aim is to empower individuals to fulfill the Great Commission, a biblical mandate to spread the teachings of Christianity worldwide. The college and seminary offer a comprehensive learning environment, equipping students with the necessary skills and knowledge to serve effectively in various Christian ministries.

Is Grace Evangelical College & Seminary legitimate?

Grace Evangelical College & Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Evangelical College & Seminary submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $130,628

For more financial information, click here

What is the mission statement of Grace Evangelical College & Seminary?

Grace Evangelical College & Seminary's mission is centered around education, equipping, and providing servant leaders for the Christian community. Their primary goal is to assist these leaders in fulfilling the Great Commission, which is a biblical mandate to spread the teachings of Christianity. By offering educational programs, they aim to equip individuals with the necessary skills and knowledge. Furthermore, they strive to provide these leaders, ensuring they are well-equipped to serve and guide the Christian community effectively.

Who is the CEO of Grace Evangelical College & Seminary?

Molly Sparling is the Trustee of Grace Evangelical College & Seminary.

What is the revenue of Grace Evangelical College & Seminary?

Grace Evangelical College & Seminary's revenue in 2022 was $255,917.

Who are the executives of Grace Evangelical College & Seminary and what are their salaries?

The average compensation at Grace Evangelical College & Seminary during 2022 was $6,531. There are 20 employees and 5 volunteers at Grace Evangelical College & Seminary.


Here are 6 key members and their salaries:


Mark Kamen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Sparling (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr Jerry Mick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Berry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Coffin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Camill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grace Evangelical College & Seminary?

Grace Evangelical College & Seminary's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Grace Evangelical College & Seminary

Grace Evangelical College & Seminary is dedicated to accomplishing a significant mission. Their primary objective is to educate, equip, and provide servant leaders for the Christian community. By doing so, they aim to assist this community in fulfilling the Great Commission, a mandate given by Jesus Christ to spread the Gospel worldwide. This nonprofit institution is committed to nurturing individuals who can serve as influential figures within the body of Christ, thereby contributing to its growth and development.

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Impact




October, 2024

Grace Evangelical College & Seminary significantly impacts its community and beyond by educating and equipping individuals to become servant leaders within the body of Christ. Its mission to fulfill the Great Commission drives the institution’s programs, which prepare students to engage thoughtfully and effectively in ministry. Located in Bangor, Maine, the college and seminary focus on developing leadership skills that empower graduates to make meaningful contributions to their churches and communities. Through rigorous academic programs and a commitment to practical application, Grace Evangelical College & Seminary cultivates a new generation of leaders dedicated to fostering spiritual growth and outreach in alignment with their mission.




This information is meant to be a general summary of Grace Evangelical College & Seminary. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$255,917 (2022)
Expenses
$228,808 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $70,709
  • Program Service Revenue: $27,655
  • Gross Receipts: $296,679

Assets and Liabilities:

  • Total Assets: $521,827
  • Total Liabilities: $3,025
  • Net Assets: $518,802

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$27,655

Organization Details

Founding Year

2002

Principal Officer

Molly Sparling

Main Address

502 ODLIN RD, BANGOR, ME, 04401

NTEE Category

Code: B40 - Education

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