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Nonprofiteer
← UNION THEOLOGICAL SEMINARY

Form 990 for tax year 2024

Filed by UNION THEOLOGICAL SEMINARY.

Totals

Total revenue
$27,757,884
Total expenses
$32,942,777
Contributions and grants received
$12,063,157
Grants paid
$4,416,452
Program service revenue
$9,550,502
Investment income
$5,931,886
Other revenue
$212,339
Total assets, end of year
$228,878,006
Total liabilities, end of year
$31,456,741
Net assets or fund balances, end of year
$197,421,265
Program services expenses (Part IX)
$23,325,738
Management and general expenses
$8,203,839
Fundraising expenses
$1,413,200
Program service expenses (Part III)
$23,325,738

Program services were 70.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • THE REV DR SERENE JONES

    PRESIDENT

    Total calculated
    $527,494
    From this org
    $367,124
    From related orgs
    $0
    Other
    $160,370
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $336,624
    Bonus
    $0
    Other
    $30,500
    Deferred
    $50,853
    Nontaxable benefits
    $109,517
    Filer's total
    $527,494
  • CLIFFORD HUDSON

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • RHONDA MCLEAN ESQ

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    2
  • JAMES BLUE III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • GEOFFREY BROWN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • WILLIAM CANDELARIA ESQ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • TERESA DELGADO PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • WOLCOTT B DUNHAM JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • RICHARD EADDY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MILLICENT FORTUNOFF

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • REV DR MARK HOSTETTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • VIRGINIA JOHNSTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • DAVID KLASSEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • CAROLINE LAGUERRE-BROWN

    TRUSTEE THRU OCT 2024

    Total calculated
    $0
    Hours/week
    2
  • DR TIMOTHY LIGHT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • DAVID M MCALPIN

    TRUSTEE THRU MAY 2025

    Total calculated
    $0
    Hours/week
    2
  • CALVIN MEW

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • REV ROBIN R MEYERS PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • CRAIG J MILLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • REV EDWARD D PARDOE III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • CHANG PARK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • REV SUSAN SGARLAT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • REV MADISON SHOCKLEY II

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • REV STAN J SLOAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • REV NANCY STEEGER JENNINGS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • REV WINNIE VARGHESE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MARIAN MARCUS WARDEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • REV DR RAPHAEL G WARNOCK

    TRUSTEE THRU OCT. 2024

    Total calculated
    $0
    Hours/week
    2
  • RUTH WOODEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • JASON G WRIGHT

    TRUSTEE THRU MAY 2025

    Total calculated
    $0
    Hours/week
    2
  • JODY WEST SECRETARY INTERIM

    TREASURER/VP FOR ADMINISTRATION

    Total calculated
    $148,238
    From this org
    $117,996
    From related orgs
    $0
    Other
    $30,242
    Hours/week
    40
  • MAURA SMITH

    VP FOR DEVELOPMENT

    Total calculated
    $255,629
    From this org
    $207,437
    From related orgs
    $0
    Other
    $48,192
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,437
    Bonus
    $0
    Other
    $0
    Deferred
    $33,978
    Nontaxable benefits
    $14,214
    Filer's total
    $255,629
  • AFSHEEN SHAMSI

    VP OF COMMUNICATIONS & MARKETING

    Total calculated
    $222,939
    From this org
    $177,230
    From related orgs
    $0
    Other
    $45,709
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,230
    Bonus
    $0
    Other
    $0
    Deferred
    $25,197
    Nontaxable benefits
    $20,512
    Filer's total
    $222,939
  • WILLIAM PEABODY

    CHIEF OPERATING OFFICER

    Total calculated
    $334,033
    From this org
    $243,932
    From related orgs
    $0
    Other
    $90,101
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,932
    Bonus
    $0
    Other
    $0
    Deferred
    $32,265
    Nontaxable benefits
    $57,836
    Filer's total
    $334,033
  • SU YON PAK

    VP OF ACADEMIC AFFAIRS & DEAN

    Total calculated
    $268,945
    From this org
    $178,652
    From related orgs
    $0
    Other
    $90,293
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,652
    Bonus
    $0
    Other
    $0
    Deferred
    $23,562
    Nontaxable benefits
    $66,731
    Filer's total
    $268,945
  • FREDERICK DAVIE SENIOR EVP

    FOR PUBLIC THEOLOGY & CIVIC ENG.

    Total calculated
    $182,483
    From this org
    $148,275
    From related orgs
    $0
    Other
    $34,208
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,275
    Bonus
    $0
    Other
    $0
    Deferred
    $20,060
    Nontaxable benefits
    $14,148
    Filer's total
    $182,483
  • VANESSA HUTCHINSON

    VP OF ADMISSSIONS & FIN. AID

    Total calculated
    $161,416
    From this org
    $129,568
    From related orgs
    $0
    Other
    $31,848
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,568
    Bonus
    $0
    Other
    $0
    Deferred
    $18,008
    Nontaxable benefits
    $13,840
    Filer's total
    $161,416
  • DAVID GASTWIRTH VP FOR

    ONLINE ED & LEARNING INNOVATION

    Total calculated
    $178,153
    From this org
    $144,997
    From related orgs
    $0
    Other
    $33,156
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,997
    Bonus
    $0
    Other
    $0
    Deferred
    $19,111
    Nontaxable benefits
    $14,045
    Filer's total
    $178,153
  • MARY BOYS SKINNER MCALPIN

    PROFESSOR OF PRACTICAL THEOLOGY

    Total calculated
    $212,213
    From this org
    $124,440
    From related orgs
    $0
    Other
    $87,773
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,440
    Bonus
    $0
    Other
    $0
    Deferred
    $21,467
    Nontaxable benefits
    $66,306
    Filer's total
    $212,213
  • IVAN DE JESUS

    SENIOR ACCOUNTANT

    Total calculated
    $146,003
    From this org
    $114,922
    From related orgs
    $0
    Other
    $31,081
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
AS PART OF ITS HISTORIC MISSION OF NURTURING SPIRITUAL DEVELOPMENT IN COMMUNITY FOR MINISTRY, UNION THEOLOGICAL SEMINARY REQUIRES ITS FACULTY TO RESIDE AT THE SEMINARY IN ORDER TO BE READILY AVAILABLE FOR STUDENTS AND FOR SEMINARY EVENTS. THIS HOUSING IS USED TO MEET WITH STUDENTS, HOLD CLASSES AND FOR OTHER SEMINARY PURPOSES. THE VALUE OF THE HOUSING HAS BEEN INCLUDED WHERE REQUIRED ON SCHEDULE J AS A NONTAXABLE BENEFIT. THE FOLLOWING PERSONS RECEIVED HOUSING BENEFITS REPORTED IN SCH. J, PART II, COL. D: REV. DR. SERENE JONES - $60,000 WILLIAM PEABODY - $43,200 SU YON PAK - $52,800 MARY BOYS - $52,500

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2026
IRS schema version
2024v5.5
Source object
202601339349303740

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