Skip to content
Nonprofiteer
← MATTHEW 25 MINISTRIES INC

Form 990 for tax year 2023

Filed by MATTHEW 25 MINISTRIES INC.

Totals

Total revenue
$297,326,399
Total expenses
$361,675,917
Contributions and grants received
$294,161,521
Grants paid
$342,390,863
Program services expenses (Part IX)
$359,318,379
Management and general expenses
$1,225,422
Fundraising expenses
$1,132,116
Program service expenses (Part III)
$359,318,379

Program services were 99.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Jim Russell

    Director

    Total calculated
    $0
    Hours/week
    1

  • Michael Staudinger MD

    Director

    Total calculated
    $0
    Hours/week
    1

  • Harry Yeaggy

    Director

    Total calculated
    $0
    Hours/week
    1

  • Eric Niemeyer MD

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jeanette Hanna-Ruiz

    Director

    Total calculated
    $0
    Hours/week
    1

  • Deborah Hayes

    Director

    Total calculated
    $0
    Hours/week
    1

  • Michelle Goret

    Director

    Total calculated
    $0
    Hours/week
    1

  • Donald E Jones THD

    Director

    Total calculated
    $0
    Hours/week
    1

  • Martha Orabella MD

    Director

    Total calculated
    $0
    Hours/week
    1

  • Michael Brandy Jr

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • Douglas W Thomson ESQ

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Linda Gill CPA

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Ron Messer

    Director

    Total calculated
    $0
    Hours/week
    1

  • Karen Otto

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tim Mettey

    CEO

    Total calculated
    $486,960
    From this org
    $437,203
    From related orgs
    $0
    Other
    $49,757
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $365,000
    Bonus
    $72,203
    Other
    $0
    Deferred
    $21,900
    Nontaxable benefits
    $27,857
    Filer's total
    $486,960

  • Patty Dilg

    COO

    Total calculated
    $141,352
    From this org
    $134,214
    From related orgs
    $0
    Other
    $7,138
    Hours/week
    50

  • Gerald Elfers

    CFO

    Total calculated
    $194,010
    From this org
    $180,816
    From related orgs
    $0
    Other
    $13,194
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $152,846
    Bonus
    $27,970
    Other
    $0
    Deferred
    $3,292
    Nontaxable benefits
    $9,902
    Filer's total
    $194,010

  • Barbie Ventura

    CAO

    Total calculated
    $139,119
    From this org
    $114,264
    From related orgs
    $0
    Other
    $24,855
    Hours/week
    50

  • Rev Wendell E Mettey

    Former President

    Total calculated
    $272,000
    From this org
    $272,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $272,000
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $272,000

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 — 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 · Tax indemnification and gross-up payments
  • 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 1b
Payments which need to be grossed up each year include Auto reimbursement, vacation reimbursement, childcare reimbursement, student loan reimbursements, & reimbursement for insurance. These benefits have been effective for years at Matthew 25: Ministries and have been communicated to the chairman of the board and the treasurer.

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
1 October 2024
IRS schema version
2023v5.1
Source object
202422829349300907

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.