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The Jkm Library Trust

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

EIN: 367238766 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is The Jkm Library Trust?

The Jkm Library Trust is a cooperative theological library, situated in Chicago, Illinois, specifically at 1100 E 55th St. Established as a shared endeavor between McCormick Theological Seminary and the Lutheran School of Theology at Chicago, this nonprofit organization covers the operational costs and shares management responsibilities. The primary function of The Jkm Library Trust is to support the academic endeavors and programs of both institutions, providing a wealth of resources, including physical materials and virtual resources, to facilitate their scholarly pursuits.


Official website here: www.jkmlibrary.org

Is The Jkm Library Trust legitimate?

The Jkm Library Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jkm Library Trust 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: $97,884
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.jkmlibrary.org

What is the mission statement of The Jkm Library Trust?

The Jkm Library Trust primarily exists to support the missions and programs of two theological institutions: the Lutheran School of Theology at Chicago and McCormick Theological Seminary. Its purpose is achieved through its staff, services, systems, functions, materials, and virtual resources. The library operates as a cooperative theological library shared between these two organizations, with both institutions funding its operations and managing its functions jointly.


Official website here: www.jkmlibrary.org

Who is the CEO of The Jkm Library Trust?

David Crawford is the Chair of The Jkm Library Trust.


Official website here: www.jkmlibrary.org

What is the revenue of The Jkm Library Trust?

The Jkm Library Trust's revenue in 2022 was $976,754.


Official website here: www.jkmlibrary.org

Who are the executives of The Jkm Library Trust and what are their salaries?


Here are 8 key members and their salaries:


David Crawford (Chair)
  • Compensation: $0
  • Related: $244,936
  • Other: $42,676
James R Nieman (Vice Chair)
  • Compensation: $0
  • Related: $204,124
  • Other: $51,570
Steed Davidson (Trustee)
  • Compensation: $0
  • Related: $116,241
  • Other: $19,647
Mark Swanson (Trustee)
  • Compensation: $0
  • Related: $86,672
  • Other: $38,014
Jina Kang (Trustee)
  • Compensation: $0
  • Related: $69,699
  • Other: $34,788
David Daniels (Trustee)
  • Compensation: $0
  • Related: $83,161
  • Other: $29,002
Ester Menn (Trustee)
  • Compensation: $0
  • Related: $101,244
  • Other: $56,982
Barry Hopkins (Director/Public Services Librarian)
  • Compensation: $0
  • Related: $81,118
  • Other: $17,515


Official website here: www.jkmlibrary.org

Where can I find the form 990 for The Jkm Library Trust?

The Jkm Library Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jkmlibrary.org

Learn more at the official website: www.jkmlibrary.org

Mission Statement of The Jkm Library Trust

The JKM Library Trust exists primarily to support the missions and programs of two prestigious theological institutions: the Lutheran School of Theology at Chicago and McCormick Theological Seminary. This trust, encompassing its staff, services, systems, functions, materials, and virtual resources, is essentially a cooperative theological library that is jointly operated and maintained for these two organizations. The cost of operations is shared between the two institutions, and they collaborate in managing the library's functions. The JKM Library Trust serves as a vital resource for both institutions, contributing to their academic and research endeavors.

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Impact




October, 2024

The Jkm Library Trust significantly enhances the educational and theological landscape by providing critical resources and support to McCormick Theological Seminary and the Lutheran School of Theology at Chicago. Its cooperative library system fosters collaboration between these institutions, ensuring access to a vast array of theological materials, virtual resources, and professional staff. This support empowers students, faculty, and researchers to engage deeply with their studies, promote scholarship in theology, and prepare future leaders in faith communities. By sharing management functions and operational costs, The Jkm Library Trust amplifies the impact of both seminaries, strengthening their missions and enriching the academic environment for all involved.




This information is meant to be a general summary of The Jkm Library Trust. 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
$976,754 (2022)
Expenses
$960,935 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $976,754

Assets and Liabilities:

  • Total Assets: $343,729
  • Total Liabilities: $50,539
  • Net Assets: $293,190

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Organization Details

Founding Year

1995

Principal Officer

David Crawford

Main Address

1100 E 55TH ST, CHICAGO, IL, 606155199

NTEE Category

Code: T20 - Philanthropy

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