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Reformed Theological Seminary

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

EIN: 640428676 ✦ Jackson, MS ✦ Designated as a 501(c)(3)

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Overview

What is Reformed Theological Seminary?

Reformed Theological Seminary (RTS) is a nonprofit institution based in Jackson, Mississippi, with additional campuses in Florida, North Carolina, Washington D.C., Georgia, Texas, and New York, as well as an extension site in Sao Paulo, Brazil. Approximately 1,800 students are served through these locations and distance education programs, pursuing degrees in Master of Divinity, Master of Arts in Theological Studies, Master of Arts in Biblical Studies, Master of Arts in Religion, Master of Arts in Counseling, Master of Arts in Christian Counseling, and Doctor of Ministry. RTS aims to prepare church leaders with a strong foundation in truth and a devotion to God through a graduate theological education program. Its mission is to glorify the Triune God and serve His church by offering reformed theological education that is accessible worldwide. The seminary equips students, primarily through pastoral training, to become servant leaders marked by a commitment to truth and a heart for God.


Official website here: www.rts.edu

What are the reviews and ratings of this charity?

96% rating from Charity Navigator indicates a strong performance by Reformed Theological Seminary, earning a Four-Star out of Four Star rating. This high score reflects the organization's commitment to accountability and finance, with all aspects of their financial oversight rated positively.

The seminary excels in governance, featuring a board composed of 95% independent members and maintaining a large independent board size. Their financial practices are robust, evidenced by an audit and oversight committee that scored full points across various measures, including material diversion of assets and comprehensive conflict of interest policies.

While the organization demonstrates excellent accountability, the summary does not highlight any specific limitations or challenges faced by Reformed Theological Seminary. Overall, it appears to be a well-managed nonprofit focused on financial integrity and responsible governance.


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

Is Reformed Theological Seminary legitimate?

Reformed Theological Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reformed 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: $832,476
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,132,643

For more financial information, click here


Official website here: www.rts.edu

What is the mission statement of Reformed Theological Seminary?

Reformed Theological Seminary (RTS) is dedicated to glorifying the Triune God and serving His church in all branches of Evangelical Christianity, with a focus on Presbyterian and Reformed denominations. Through globally accessible graduate theological education, RTS equips its students primarily for ministry, with a priority on pastoral training, to become servant leaders marked by a deep understanding of truth. The seminary's mission is to prepare individuals with a heart for God and a mind for theological study, enabling them to make a significant impact in their communities and beyond.


Official website here: www.rts.edu

Who is the CEO of Reformed Theological Seminary?

J Ligon Dunanc Iii is the Principal Officer of Reformed Theological Seminary. The CEO's salary of Reformed Theological Seminary is $297,400 and their total compensation is $347,310.


Official website here: www.rts.edu

What is the revenue of Reformed Theological Seminary?

Reformed Theological Seminary's revenue in 2022 was $29,054,898.


Official website here: www.rts.edu

Who are the executives of Reformed Theological Seminary and what are their salaries?

The average compensation at Reformed Theological Seminary during 2022 was $28,884. There are 345 employees and 19 volunteers at Reformed Theological Seminary.


Here are 31 key members and their salaries (Reformed Theological Seminary's CEO's salary is $297,400 and their total compensation is $347,310):


J Ligon Duncan Iii (Chancellor/Ceo)
  • Compensation: $297,400
  • Related: $0
  • Other: $49,910
James L Harvey (Executive Director - Nyc)
  • Compensation: $214,591
  • Related: $0
  • Other: $35,876
Robert J Cara (Provost/Cao)
  • Compensation: $153,530
  • Related: $0
  • Other: $36,671
Scott R Swain (President - Orlando)
  • Compensation: $149,405
  • Related: $0
  • Other: $33,207
Michael J Kruger (President - Charlotte)
  • Compensation: $150,037
  • Related: $0
  • Other: $32,351
John S Redd Jr (President - Washington)
  • Compensation: $145,793
  • Related: $0
  • Other: $34,181
Matthew Bryant (Chief Development Officer)
  • Compensation: $126,723
  • Related: $0
  • Other: $37,114
Craig Sheppard (Executive Director - Indonesia)
  • Compensation: $103,107
  • Related: $0
  • Other: $30,117
Bradley Tisdale (Cofo)
  • Compensation: $99,507
  • Related: $0
  • Other: $26,726
Phillip Holmes (Chief Communications Officer)
  • Compensation: $74,835
  • Related: $0
  • Other: $35,440
Richard L Ridgway (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Collie W Lehn (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roderick S Russ Iii (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Hurst Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bf Bracy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David H Lucas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Scott Redd Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James L Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George R Fair (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William M Mounger Ii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry W Edwards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
V Hu Meena (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Maclellan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles L Irby Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert T Curtis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
T David Elkin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin W Roberson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren J Williamson Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Rohde (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Comer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Byron Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rts.edu

Where can I find the form 990 for Reformed Theological Seminary?

Reformed Theological Seminary's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rts.edu

Learn more at the official website: www.rts.edu

Mission Statement of Reformed Theological Seminary

Reformed Theological Seminary, or RTS, is a nonprofit organization dedicated to glorifying the Triune God and serving His church in all branches of evangelical Christianity, primarily Presbyterian and Reformed denominations. Through a program of graduate theological education that is globally accessible, RTS prepares leaders for the church with a mind for truth and a heart for God.

RTS exists to equip its students for ministry, primarily through pastoral training, and mold them into servant leaders marked by a deep commitment to biblical truth. By providing Reformed graduate theological education, RTS strives to instill in its students a strong foundation in theological knowledge and a passion for God. This education empowers them to serve effectively in various roles within the church.

In their pursuit of truth and God, RTS students are encouraged to cultivate a heart of service and dedication to their communities. This mindset is reflected in their ministries, as they embody the values of Reformed theology and bring positive change to the lives of those they serve. Through this holistic approach to education, RTS ensures that its students graduate ready to make a lasting impact in the church and the world.

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Impact




October, 2024

Reformed Theological Seminary (RTS) plays a significant role in shaping the future of church leadership and theological education. With approximately 1,800 students across multiple campuses, including locations in Jackson, MS, Orlando, FL, Charlotte, NC, Metro Washington, DC, Atlanta, GA, Houston, TX, Dallas, TX, New York, NY, as well as an extension site in São Paulo, Brazil, RTS offers a robust infrastructure to support graduate theological education.

The seminary's mission focuses on preparing individuals for leadership roles within the church, emphasizing a commitment to truth and a heart for God. This is particularly evident through its diverse array of academic degree programs, which include the Master of Divinity, Master of Arts in several fields, and the Doctor of Ministry. By equipping students with rigorous training in theology and practical ministry skills, RTS fosters servant leadership essential for the church's health and growth.

Furthermore, RTS is actively enhancing its Reformed theology curriculum through partnerships with organizations in Indonesia, showcasing a commitment to making theological education globally accessible. This outreach ensures that RTS's influence extends beyond U.S. borders, enriching the global evangelical landscape, particularly among Presbyterian and Reformed traditions.

Overall, Reformed Theological Seminary's impact is realized through its dedication to glorifying God and serving the church, ultimately equipping future leaders to meet the spiritual and pastoral needs of communities worldwide.




This information is meant to be a general summary of Reformed 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.

Revenue
$29,054,898 (2022)
Expenses
$26,360,001 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,354,812
  • Program Service Revenue: $13,630,060
  • Gross Receipts: $52,022,877

Assets and Liabilities:

  • Total Assets: $124,776,543
  • Total Liabilities: $4,115,634
  • Net Assets: $120,660,909

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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

$13,438,123

Counseling Clinic Income

Revenue

$121,519

Finance Charges

Revenue

$40,330

Student Clinic Fees

Revenue

$15,000

Library Fines

Revenue

$2,146

Organization Details

Founding Year

1964

Principal Officer

J Ligon Dunanc Iii

Main Address

5422 CLINTON BLVD, JACKSON, MS, 39209

NTEE Category

Code: B500 - Education

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