Overview
What is Union Theological Seminary?
Union Theological Seminary is a renowned, independent, multi-denominational seminary located in New York City, specifically at 3041 Broadway, New York, NY 10027. With a strong commitment to providing theological education, they cater to over 260 full-time and part-time students. The mission of Union Theological Seminary, deeply rooted in a Christian heritage, is threefold: educating leaders for ministry in churches and related organizations, furthering social justice efforts, and enriching the academic community through teaching and research. The seminary employs a team of 226 individuals dedicated to fulfilling this mission.
Official website here: www.utsnyc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Union Theological Seminary has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity’s overall score is derived entirely from its accountability measures, highlighting its commitment to transparency and responsible management of funds. With a 96% score in this category, the organization demonstrates notable fiscal health and governance practices.
The seminary boasts a fully independent board, with 95% of its members meeting this criterion, and a total of 21 independent members. This level of independence contributes to robust oversight and decision-making processes. Furthermore, the organization has implemented various policies, such as conflict of interest and whistleblower policies, which enhance its operational integrity.
While the financial statements and audits are thoroughly overseen, there are no noted material diversions of assets, underscoring the organization’s focus on ethical practices. A high program expense ratio of 76.37% indicates that a substantial portion of expenditures is directed towards its programs, showcasing its dedication to fulfilling its mission effectively. Overall, Union Theological Seminary is recognized for its strong governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Union Theological Seminary legitimate?
Union Theological Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union Theological 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: $1,776,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,086,640
For more financial information, click here
Official website here: www.utsnyc.edu
What is the mission statement of Union Theological Seminary?
Union Theological Seminary is an independent, multi-denominational institution that provides theological education, grounded in a Christian heritage. Its mission is threefold: first, to educate leaders for ministry in churches and related organizations; second, to advance social justice; and third, to enrich the academic community through teaching and research. By training ministers and advocating for social justice, Union Theological Seminary strives to make a positive impact on society.
Official website here: www.utsnyc.edu
What is the revenue of Union Theological Seminary?
Union Theological Seminary's revenue in 2024 was $39,103,505.
Official website here: www.utsnyc.edu
Who are the executives of Union Theological Seminary and what are their salaries?
The average compensation at Union Theological Seminary during 2024 was $32,704. There are 271 employees and 28 volunteers at Union Theological Seminary.
Here are 41 key members and their salaries:
- Compensation: $370,456
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- Other: $114,142
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- Compensation: $124,242
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- Other: $31,386
- Compensation: $199,633
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- Other: $24,551
- Compensation: $116,125
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- Other: $27,462
- Compensation: $167,447
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- Other: $83,540
- Compensation: $173,162
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- Other: $45,430
- Compensation: $237,219
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- Other: $82,587
- Compensation: $172,832
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- Other: $84,013
- Compensation: $126,616
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- Other: $29,369
- Compensation: $131,627
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- Other: $28,233
- Compensation: $121,410
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- Other: $32,147
- Compensation: $117,770
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- Other: $9,933
- Compensation: $111,235
- Related: $0
- Other: $27,926
Official website here: www.utsnyc.edu
Where can I find the form 990 for Union Theological Seminary?
Union Theological Seminary's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.utsnyc.edu
Learn more at the official website: www.utsnyc.edu
Mission Statement of Union Theological Seminary
Union Theological Seminary, an independent, multidenominal theological institution in New York City, derives its mission from a progressive and evangelistic Christian heritage. The seminary is committed to educating leaders for ministry in churches and related organizations. It extends its reach beyond religious institutions by advocating for social justice. The academic community at Union enriches its teachings and research through these pursuits.
In line with its mission to educate future leaders, Union Theological Seminary provides theological education to its students. This mission is grounded in a faith tradition that emphasizes the importance of progressive values and the evangelistic call to serve. Through rigorous academic programs, Union prepares students to lead and make a difference in their respective communities and organizations, be it in the religious or social justice sectors.
Union Theological Seminary's impact extends beyond the realm of theological education. It is a champion for social justice, engaging in advocacy efforts that aim to address systemic issues and promote equality and fairness. By combining intellectual pursuit with action, Union not only enriches its academic offerings but also enhances the broader community through its commitment to social justice.
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Impact
October, 2024
Union Theological Seminary plays a vital role in shaping the future of theological education and social justice efforts. Located in New York City, it offers graduate educational programs to over 260 full-time and part-time students, preparing them for leadership in various ministries and related organizations.
The seminary's mission, rooted in a progressive and evangelistic Christian heritage, emphasizes the importance of social justice, equipping leaders not only to serve within churches but also to engage actively in transforming communities. By enriching academic discourse through teaching and research, Union Theological Seminary fosters an environment where critical thought and compassionate action intersect, inspiring students to become advocates for social change.
Through its commitment to education and advocacy, the seminary impacts both its students and the broader community, nurturing a new generation of leaders dedicated to responding to societal needs with integrity, compassion, and insight.
This information is meant to be a general summary of Union Theological 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $3,471,745
- Program Service Revenue: $9,766,940
- Gross Receipts: $74,443,843
Assets and Liabilities:
- Total Assets: $207,379,121
- Total Liabilities: $55,015,821
- Net Assets: $152,363,300
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND BOARD
Revenue
$5,268,552
TUITION AND FEES
Revenue
$4,341,445
AUXILIARY INCOME
Revenue
$102,606
EVENT REGISTRATION FEES
Revenue
$53,825
STUDENT LOAN INTEREST
Revenue
$512
Organization Details
Founding Year
1836
Principal Officer
Rev Dr Serene Jones
Website
www.utsnyc.eduNTEE Category
Code: B500 - Education
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