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Nonprofit · EIN 23-1352689

WESTMINSTER THEOLOGICAL SEMINARY

Tax-exempt · GLENSIDE, PA 19038

Financials

$30.4M$26.7M2022$33.6M$26.1M2023$32.1M$30M2024
Revenue Expenses · by fiscal year end
Financials of WESTMINSTER THEOLOGICAL SEMINARY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$32,134,115$30,037,172$2,096,943$77,992,810$10,718,127$67,274,683
June 30, 2024990$33,630,824$26,141,092$7,489,732$72,198,961$8,593,062$63,605,899
June 30, 2023990$30,439,771$26,717,177$3,722,594$62,146,749$7,480,679$54,666,070
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$12,839,061
of which government grants
$2,689,958
Program service revenue
$17,990,573
Investment income
$1,304,481
Net gain from sales of assets
-$286,280
Other revenue
$0

Expenses

Grants and similar amounts paid
$5,452,078
Compensation of officers, directors and key employees
$1,260,636
Other salaries and wages
$9,764,085
Salaries, compensation and benefits (total)
$12,968,396
Professional fundraising fees
$0
Legal fees
$92,668
Accounting fees
$68,158
Occupancy
$454,863
Travel
$757,499
Depreciation
$1,495,292
Program services (functional)
$22,865,470
Management and general (functional)
$4,193,948
Fundraising (functional)
$2,977,754

Balance sheet and other

Total assets, start of year
$72,198,961
Total assets, end of year
$77,992,810
Total liabilities, end of year
$10,718,127
Net assets, end of year
$67,274,683
Land, buildings and equipment
$23,602,126
Publicly traded securities
$24,096,388
Net assets without donor restrictions
$34,068,828
Net assets with donor restrictions
$33,205,855
Gross receipts
$55,966,845
Employees
259
Volunteers
20
Year formed
1930
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PETER LILLBACKPRESIDENT
Officer
45$165,655$74,624
JERRY TIMMISVP OF STEWARDSHIP
Officer
45$190,371$28,805
DAVID GARNERCHIEF ACADEMIC OFFICER
Officer
45$109,462$79,750
CHUN LAICHIEF OPERATING OFFICER
Officer
45$150,924$30,376
YOHAN KIMSR DIRECTOR OF ONLINE LEARNING
Highest-paid employee
45$141,642$29,977
JONATHAN BRACKSR DIRECTOR OF ENROLLMENT
Highest-paid employee
45$144,695$25,978
ANDREW SCHWARTZSR DIRECTOR OF STEWARDSHIP
Highest-paid employee
45$127,829$29,310
PAU PING SZE TOSR DIRECTOR OF FINANCE
Officer
45$129,808$17,771
STEVE CARTERCHIEF OF STAFF/COMPANY SECRETARY
Officer
45$135,011$11,621
BRANDON CROWEPROF OF NEW TESTAMENT
Highest-paid employee
45$119,815$25,949
ELIZABETH TAWADROSSENIOR DIRECTOR OF STEWARDSHIP
Highest-paid employee
45$121,664$22,401
JAMES SWEETVP & DIR OF SPECIAL PROJECTS
Officer
13$58,440$5,370
JOHN WEISERBOARD CHAIRMAN
Trustee or director, Officer
5$0$0
M DOUGLAS HARTBOARD VICE CHAIRMAN
Trustee or director, Officer
5$0$0
WILLIAM LANGFORDTREASURER
Trustee or director, Officer
5$0$0
12 more people on this return
NameTitleHours / weekCompensation
TOM CONWAYTRUSTEE
Trustee or director
5$0
GABRIEL NE FLUHRERTRUSTEE
Trustee or director
5$0
GREGORY A POLANDTRUSTEE
Trustee or director
5$0
JOHN MAYNARDTRUSTEE
Trustee or director
5$0
JUAN CARLOS MARTINEZTRUSTEE
Trustee or director
5$0
MARK SALLADETRUSTEE
Trustee or director
5$0
RICHARD B GAFFIN IIITRUSTEE
Trustee or director
5$0
RICHARD PHILLIPSTRUSTEE
Trustee or director
5$0
ZACHARY AILLSTRUSTEE
Trustee or director
5$0
NOEL GREENBERGERTRUSTEE
Trustee or director
5$0
ROB PACIENZATRUSTEE
Trustee or director
5$0
LARRY PULSTRUSTEE (PART YEAR)
Trustee or director
5$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
Peter LillbackPresident
Officer
45$154,339$98,172
Jerry TimmisVP of Stewardship
Officer
45$194,353$26,548
David GarnerChief Academic Officer
Officer
45$125,827$91,030
Chun LaiChief Operating Officer
Officer
45$168,101$29,192
Yohan KimSr Director of Online Learning
Highest-paid employee
45$142,715$31,161
Jonathan BrackSr Director of Enrollment
Highest-paid employee
45$140,990$30,359
Steve CarterChief of Staff/Company Secretary
Officer
45$141,488$11,054
Andrew SchwartzSr Director of Stewardship
Highest-paid employee
45$120,703$26,487
Nathan ShannonAssoc Dir of Global Curriculum
Highest-paid employee
45$123,408$23,354
Brandon CroweProf of New Testament
Highest-paid employee
45$120,692$25,145
Pau Ping Sze ToDirector of Finance
Officer
45$117,250$16,141
James SweetVP & Dir of Special Projects
Officer
13$65,277$5,176
John WeiserBoard Chairman
Trustee or director, Officer
5$0$0
M Douglas HartBoard Vice Chairman
Trustee or director, Officer
5$0$0
Tom ConwayInterim Board Treasurer (part year), Trustee
Trustee or director, Officer
5$0$0
William LangfordTreasurer
Trustee or director, Officer
5$0$0
Gabriel NE FluhrerTrustee
Trustee or director
5$0$0
Gregory A PolandTrustee
Trustee or director
5$0$0
Hugh JacksTrustee (part year)
Trustee or director
5$0$0
John MaynardTrustee
Trustee or director
5$0$0
Juan Carlos MartinezTrustee
Trustee or director
5$0$0
Larry PulsTrustee
Trustee or director
5$0$0
Mark SalladeTrustee
Trustee or director
5$0$0
Richard B Gaffin IIITrustee
Trustee or director
5$0$0
Richard PhillipsTrustee
Trustee or director
5$0$0
Zachary AillsTrustee
Trustee or director
5$0$0
990 for the year ended June 30, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
Peter LillbackPresident
Officer
45$144,516$90,350
David GarnerAcademic Dean
Officer
45$107,921$81,093
Chun LaiChief Operating Officer
Officer
45$149,269$31,052
Jerry TimmisVP of Stewardship
Officer
45$146,481$28,264
Yohan KimSr Director of Online Learning
Highest-paid employee
45$142,628$27,326
Jonathan BrackSr Director of Enrollment
Highest-paid employee
45$127,628$26,276
Mark GarciaProfessor - Systematic Theology
Highest-paid employee
45$123,405$28,160
Andrew SchwartzSr Director of Stewardship
Highest-paid employee
45$124,160$26,063
Steve CarterVP Campus Life/Secretary
Officer
45$129,946$13,569
Mike HalpinEnterprise Transformation Lead
Highest-paid employee
45$114,742$25,368
Pau Ping Sze ToDirector of Finance
Officer
45$101,625$14,759
James SweetGeneral Counsel
Officer
45$52,608$3,586
Lee AugsburgerSecretary (part year)
Officer
11$29,900$0
Francis McGowenBoard Treasurer (part year)
Trustee or director, Officer
5$0$0
John WeiserBoard Chairman
Trustee or director, Officer
5$0$0
M Douglas HartBoard Vice Chairman
Trustee or director, Officer
5$0$0
Tom ConwayInterim Board Treasurer
Trustee or director, Officer
5$0$0
Gabriel NE FluhrerTrustee
Trustee or director
5$0$0
Gregory A PolandTrustee
Trustee or director
5$0$0
Harry ReederTrustee
Trustee or director
5$0$0
Hugh JacksTrustee
Trustee or director
5$0$0
John MaynardTrustee
Trustee or director
5$0$0
Juan Carlos MartinezTrustee
Trustee or director
5$0$0
Larry PulsTrustee
Trustee or director
5$0$0
Mark SalladeTrustee
Trustee or director
5$0$0
Richard B Gaffin IIITrustee
Trustee or director
5$0$0
Richard PhillipsTrustee
Trustee or director
5$0$0
Zachary AillsTrustee
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
2960 CHURCH RD, GLENSIDE, PA 19038-2000
In care of
% MARK WILSON CHIEF FIN OFFICER
Principal officer (990 for 2024)
PETER A LILLBACK, 2960 W CHURCH ROAD, GLENSIDE, PA 19038
Signed the 990
CHUN LAI, CHIEF OPERATING OFFICER
Phone
(215) 887-5511
Return prepared by
CRI CAPIN CROUSE ADVISORS LLC

Mission

THE FORMATION OF MEN FOR THE GOSPEL MINISTRY AS PASTORS, EVANGELISTS, & TEACHERS WHO SHALL PROCLAIM THE WHOLE COUNSEL OF GOD THROUGHOUT A CHANGING WORLD. THE THEOLOGICAL TRAINING OF CHURCH OFFICERS AS STEWARDS OF CHRIST, AND THE COMMUNICATION OF BIBLICAL STUDIES.

990 for the year ended June 30, 2025

Program accomplishments

  • POSTGRADUATE ACADEMIC PROGRAMSWESTMINSTER EXISTS TO TRAIN SPECIALISTS IN THE BIBLE TO PROCLAIM THE WHOLE COUNSEL OF GOD FOR CHRIST AND HIS GLOBAL CHURCH. IT IS OUR INTENTION TO CONTRIBUTE TO THE TRAINING AND SPIRITUAL FORMATION OF ALL OF OUR STUDENTS IN THE VARIOUS DEGREE PROGRAMS. WE CURRENTLY OFFER PROGRAMS LEADING TO THE MASTER OF DIVINITY (MDIV), MASTER OF ARTS IN RELIGION (MAR), MASTER OF ARTS IN COUNSELING (MAC), MASTER OF ARTS IN THEOLOGICAL STUDIES (MATS), MASTER OF THEOLOGY (THM), DOCTOR OF MINISTRY (DMIN), DOCTOR OF PHILOSOPHY (PHD), AND A CERTIFICATE IN CHRISTIAN STUDIES (CERT).(CONTINUED ON SCHEDULE O)FALL 2024 ENROLLMENT WAS 1,183 STUDENTS WITH 185 IN THE RESIDENTIAL PROGRAM, 770 IN ONLINE LEARNING, 168 IN THE KOREAN CAMPUS, 54 IN THE SPANISH CAMPUS, AND 6 VISITING STUDENTS. WITH RESPECT TO SPRING 2025, ENROLLMENT WAS 1,171 WITH 167 IN THE RESIDENTIAL PROGRAM, 753 IN ONLINE LEARNING, 77 IN THE SPANISH PROGRAM, 170 IN THE KOREAN CAMPUS, AND 4 VISITING STUDENTS.RESIDENTIAL PROGRAMS: FALL 2024 - 85 IN MDIV, 17 IN MAR, 14 IN THM, 29 IN PHD, 40 IN DMIN; SPRING 2025 - 82 IN MDIV, 15 IN MAR, 10 IN THM, 29 IN PHD, 31 IN DMIN.
    Expenses $13,401,001 · grants $5,206,634 · revenue $7,258,266
  • ONLINE LEARNINGONLINE LEARNING PROVIDES MULTIPLE DEGREE PROGRAMS ONLINE TO TRAIN LEADERS IN MINISTRY ANYWHERE IN THE WORLD IN THEIR LOCAL MINISTRY CONTEXTS. IN ADDITION TO MASTER OF ARTS IN COUNSELING AND A MASTER OF ARTS IN THEOLOGICAL STUDIES, WE HAVE BEEN OFFERING THE MASTER OF DIVINITY (MDIV) AND MASTER OF ARTS IN RELIGION (MAR) ONLINE. IN FALL 2024, WE HAD 191 STUDENTS IN THE MATS PROGRAM, 339 IN MAC, 53 IN MAR, 140 IN THE MDIV, AND 47 CERTIFICATE STUDENTS. IN SPRING 2025, 182 IN MATS, 342 IN MAC, 53 IN MAR, 138 IN MDIV, AND 38 CERTIFICATE STUDENTS.
    Expenses $5,557,144 · grants $245,444 · revenue $5,922,448
  • WTSBOOKS.COMWESTMINSTER BOOKSTORE IS THE CAMPUS BOOKSTORE FOR WESTMINSTER THEOLOGICAL SEMINARY. WE EXIST TO SERVE THE KINGDOM OF GOD BY SERVING THE WESTMINSTER THEOLOGICAL SEMINARY COMMUNITY THROUGH THE DISTRIBUTION OF HIGH QUALITY, BIBLICALLY FAITHFUL, REFORMED BOOKS AND RESOURCES.
    Expenses $3,634,546 · revenue $4,585,820
  • STUDENT HOUSINGWTS OFFERS LIMITED HOUSING FOR UP TO 15 STUDENTS AT ITS CHURCH ROAD CAMPUS IN GLENSIDE: 8 MALE STUDENTS AND 3 FEMALE STUDENTS IN MACHEN HALL; 3 MALE STUDENTS IN SEOKNAM HOUSE; AND 1 STUDENT FAMILY IN THE CHURCH ROAD GATEHOUSE. IN ADDITION, WTS OWNS 9 FURNISHED CONDOMINIUMS AT 1600 CHURCH ROAD IN WYNCOTE, PA, AND CAN HOUSE UP TO 1 STUDENT OF EITHER GENDER PLUS HIS/HER FAMILY OF UP TO 3 TOTAL PERSONS.
    Expenses $211,340 · revenue $224,039
  • UPHOLDING THE TRUTH, LLC OR "UTT"THE PURPOSE OF UTT IS TO STUDY, PROMOTE, AND ADVANCE THE TRUTH AND ETHICS OF A BIBLICALLY CONSISTENT WORLDVIEW IN ALL SPHERES OF LIFE AND WHEN APPROPRIATE, TO DO SO WITH ALLIED INDIVIDUALS, GROUPS, AND ORGANIZATIONS THAT ARE COMMITTED TO THE SAME PERSPECTIVE. REPRESENTATIVE PROJECTS INCLUDE AN ANNUAL CONFERENCE DEVOTED TO THE INTERSECTION OF SCIENCE AND FAITH.
    Expenses $61,439

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-1352689
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$77,992,810
Income (IRS master file)
$55,966,845

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$32,134,115$30,037,172$77,992,810IRS
990June 2024$33,630,824$26,141,092$72,198,961IRS
990June 2023$30,439,771$26,717,177$62,146,749XML
990June 2022$33,728,567$26,877,375$54,431,420IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-1352689).

Questions about WESTMINSTER THEOLOGICAL SEMINARY

What is the EIN of WESTMINSTER THEOLOGICAL SEMINARY?
The employer identification number (EIN) of WESTMINSTER THEOLOGICAL SEMINARY is 23-1352689.
Is WESTMINSTER THEOLOGICAL SEMINARY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to WESTMINSTER THEOLOGICAL SEMINARY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WESTMINSTER THEOLOGICAL SEMINARY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WESTMINSTER THEOLOGICAL SEMINARY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WESTMINSTER THEOLOGICAL SEMINARY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of WESTMINSTER THEOLOGICAL SEMINARY?
The 990 for the year ended June 30, 2025 names PETER A LILLBACK.
Who are the officers and directors of WESTMINSTER THEOLOGICAL SEMINARY?
The 990 for the year ended June 30, 2025 lists 27 people; 12 received compensation from the organization, the highest $165,655 (PETER LILLBACK, PRESIDENT).
How much revenue does WESTMINSTER THEOLOGICAL SEMINARY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $32,134,115, expenses of $30,037,172 and total assets of $77,992,810 at year end.

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