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Welch College

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

EIN: 620481463 ✦ Gallatin, TN ✦ Designated as a 501(c)(3)

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Overview

What is Welch College?

Welch College is a nonprofit Christian higher education institution situated in Gallatin, Tennessee. With a strong focus on leadership development, it equips students to serve Christ, His church, and His world. By integrating biblical thought and life into its curriculum, Welch College offers a unique opportunity for students to prepare for their divine callings. The institution boasts a staff of 243 individuals, dedicated to fostering an educational environment that encourages students to confront life's profound questions from a Christian worldview, thereby understanding the implications of their faith for the world at large.


Official website here: www.welch.edu/

What are the reviews and ratings of this charity?

Welch College has received a Four-Star out of Four Star rating from Charity Navigator, signifying a strong performance in Accountability & Finance. The charity's score of 96% reflects excellent management of finances and governance, with all assessed areas receiving full marks. This is based on factors like an independent board, absence of asset diversion, and comprehensive policies, which contribute to its outstanding reputation.

With a program expense ratio of 83.26%, Welch College demonstrates commendable efficiency in allocating most of its resources towards its educational mission. The managing team maintains moderate salaries, suggesting a prioritization of financial stewardship over high administrative costs. The liabilities to assets ratio of 46.35% further indicates a stable financial position, ensuring sustainability.

No user reviews are available on GreatNonprofits for Welch College, which means public sentiment cannot be assessed through this platform. The organization is recognized as a church-based institution and operates under a group ruling, emphasizing its alignment with faith-based educational values. Overall, Welch College is portrayed as a financially sound institution, though limited in comprehensive impact assessment through available data.


This AI summary has been generated from information found on Charity Navigator.

Is Welch College legitimate?

Welch College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Welch College 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: $354,660
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,529,563

For more financial information, click here


Official website here: www.welch.edu/

What is the mission statement of Welch College?

Welch College, as a Christian higher education institution, is dedicated to educating leaders who serve Christ, His church, and His world. This is achieved through biblical thought and life. The college provides its students with a unique opportunity to prepare for leadership in their chosen service, helping them confront life's fundamental questions from a Christian worldview. By doing so, Welch College equips its students to understand the implications of their Christian faith in the world around them.


Official website here: www.welch.edu/

Who is the CEO of Welch College?

J Matthew Pinson is the President of Welch College.


Official website here: www.welch.edu/

What is the revenue of Welch College?

Welch College's revenue in 2022 was $11,542,139.


Official website here: www.welch.edu/

Who are the executives of Welch College and what are their salaries?

The average compensation at Welch College during 2022 was $11,869. There are 243 employees and 1 volunteer at Welch College.


Here are 17 key members and their salaries:


Mr Mike Armstrong (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Will Beauchamp (Board Of Trustees Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jeff Crabtree (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Shiloh Hackett (Board Of Trustees Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Wayne Miracle (Board Of Trustees Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Brad Ryan (Board Of Trustees Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Tim Campbell (Board Of Trustees Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Theron Scott (Board Of Trustees Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Truett (Board Of Trustees Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Mahler (Vp-Financial Affairs)
  • Compensation: $32,613
  • Related: $0
  • Other: $28,791
J Matthew Pinson (President)
  • Compensation: $73,164
  • Related: $0
  • Other: $19,804
Greg Ketteman (Vp Strategic Initiatives)
  • Compensation: $64,207
  • Related: $0
  • Other: $1,837
Jon Forlines (Vp Student Services/ Dean)
  • Compensation: $52,659
  • Related: $0
  • Other: $5,851
David Williford (Vp-Institutional Advanceme)
  • Compensation: $17,132
  • Related: $0
  • Other: $49,487
Matthew Bracey (Vice Provost)
  • Compensation: $29,629
  • Related: $0
  • Other: $40,552
Kevin Hester (Vp Institutional Effective)
  • Compensation: $67,356
  • Related: $0
  • Other: $19,176
Matthew Mcaffee (Provost)
  • Compensation: $20,450
  • Related: $0
  • Other: $59,909


Official website here: www.welch.edu/

Where can I find the form 990 for Welch College?

Welch College's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.welch.edu/

Learn more at the official website: www.welch.edu/

Mission Statement of Welch College

Welch College, a Christian higher education institution, is committed to educating leaders who serve Christ, His church, and His world. The college achieves this mission through biblical thought and life, providing a unique opportunity for students to prepare for leadership in their chosen service. By teaching students to confront the fundamental questions of life from a Christian worldview, Welch College helps them understand the implications of their faith in the world around them. This educational approach equips students to serve effectively in various capacities, ultimately contributing to the betterment of society in accordance with their Christian beliefs.

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Impact




July, 2024

Welch College impacts society by educating leaders to serve Christ, His Church, and His world through biblical thought and life. By equipping students with a strong Christian worldview and preparing them for leadership roles in various service capacities, Welch College plays a vital role in shaping individuals who are committed to making a positive impact in their communities and beyond. The college's emphasis on biblical principles and values instills in students a sense of responsibility and compassion, leading to a ripple effect of positive change in the world.




This information is meant to be a general summary of Welch College. 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
$11,542,139 (2022)
Expenses
$10,173,970 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $138,730
  • Program Service Revenue: $4,911,528
  • Gross Receipts: $11,601,949

Assets and Liabilities:

  • Total Assets: $41,634,056
  • Total Liabilities: $17,709,914
  • Net Assets: $23,924,142

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Programs

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

TUITION AND FEES

Revenue

$3,873,217

DINING HALL

Revenue

$580,891

DORMITORY

Revenue

$392,022

SNACKSHOP AND BOOKSTORE

Revenue

$42,115

OTHER PROGRAM SERVICES

Revenue

$23,283

Organization Details

Founding Year

1945

Principal Officer

J Matthew Pinson

Main Address

1045 BISON TRAIL, GALLATIN, TN, 37066

NTEE Category

Code: B420 - Education

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