Teleo University

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

EIN: 842888085 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Teleo University?

Teleo University is a nonprofit organization situated in Minneapolis, Minnesota, specifically at 7849 W BROADWAY AVE. Its primary mission is to offer distance education programs and degrees, which align with T-Net International's comprehensive training. This distance learning service aims to make education more affordable and accessible for non-traditional students, who may have financial or geographical constraints that prevent them from pursuing such education traditionally. Teleo University's goal is to equip pastors and leaders with the necessary education, enabling them to fulfill the Great Commission by multiplying disciple makers. With a dedicated workforce of 10 individuals, the university strives to make education more inclusive and attainable for those in need.


Official website here: www.teleouniversity.org

Is Teleo University legitimate?

Teleo University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teleo University 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: $228,540
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,761

For more financial information, click here


Official website here: www.teleouniversity.org

What is the mission statement of Teleo University?

Teleo University's mission is centered around providing affordable and accessible accredited education to pastors and leaders. This mission aims to assist in the completion of the Great Commission by fostering the multiplication of disciple makers. The university offers distance education studies and degrees, catering to non-traditional students who may face financial and geographic barriers, through its rigorous training program in partnership with T-Net International. This educational approach allows for unique learning opportunities, contributing towards finishing the Great Commission by empowering individuals to become disciple makers.


Official website here: www.teleouniversity.org

Who is the CEO of Teleo University?

David Durey is the Chancellor Professor of Teleo University. The CEO's salary of Teleo University is $55,000 and their total compensation is $55,000.


Official website here: www.teleouniversity.org

What is the revenue of Teleo University?

Teleo University's revenue in 2023 was $465,339.


Official website here: www.teleouniversity.org

Who are the executives of Teleo University and what are their salaries?

The average compensation at Teleo University during 2023 was $30,230. There are 10 employees and 1 volunteer at Teleo University.


Here are 10 key members and their salaries (Teleo University's CEO's salary is $55,000 and their total compensation is $55,000):


Jay Klopfenstein (Chancellor Professor)
  • Compensation: $52,021
  • Related: $0
  • Other: $0
David Durey (President Ceo)
  • Compensation: $55,000
  • Related: $0
  • Other: $0
William Jefferis (Board Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Herrman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Deagler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cameron Ullyatt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Fleurquin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Olachea (Director Of Admissions)
  • Compensation: $16,796
  • Related: $0
  • Other: $0
Rick Ensrud (Dean Of Student Life)
  • Compensation: $83,692
  • Related: $0
  • Other: $0
Ron Berget (Asia Directorretired)
  • Compensation: $21,032
  • Related: $0
  • Other: $0


Official website here: www.teleouniversity.org

Where can I find the form 990 for Teleo University?

Teleo University's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.teleouniversity.org

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

Mission Statement of Teleo University

Teleo University, a nonprofit organization, is committed to a mission that aims to provide affordable and accessible education to pastors and leaders. Their ultimate goal is to contribute to the completion of the Great Commission by fostering the multiplication of disciple makers. By offering distance education studies and degrees, Teleo University extends its learning opportunities to non-traditional students, who might otherwise be hindered by financial or geographic constraints. This educational program complements T-Net International's intensive training program, thereby offering a unique and valuable learning experience for its students.

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Impact




July, 2024

Teleo University's impact lies in its mission to provide affordable, accessible, and accredited education to pastors and leaders, ultimately aiming to finish the Great Commission by multiplying disciple makers. Through its innovative distance education program, Teleo University offers unique learning opportunities to nontraditional students who may face financial or geographic barriers to obtaining education. By equipping pastors and leaders with the necessary skills and knowledge, Teleo University plays a crucial role in empowering individuals to effectively spread the message of faith and lead their communities towards greater spiritual growth and impact.




This information is meant to be a general summary of Teleo University. 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
$465,339 (2023)
Expenses
$439,764 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $95,691
  • Gross Receipts: $465,339

Assets and Liabilities:

  • Total Assets: $123,308
  • Total Liabilities: $3,300
  • Net Assets: $120,008

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Programs

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

Tuition

Revenue

$95,691

Organization Details

Founding Year

2019

Principal Officer

David Durey

Main Address

7849 W BROADWAY AVE, Minneapolis, MN, 55445

NTEE Category

Code: B43 - Education

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