Nonprofit · EIN 88-2318646
BETHEL THEOLOGICAL SEMINARY INC
Tax-exempt · ELLICOTT CITY, MD 21042
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $66,178 | $56,645 | $9,533 | $351,273 | $4,271 | $347,002 |
| June 30, 2024 | 990 | $132,442 | $57,129 | $75,313 | $338,556 | $1,087 | $337,469 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $51,000
- Program service revenue
- $7,085
- Investment income
- $8,093
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $36,000
- Salaries, compensation and benefits (total)
- $38,755
- Professional fundraising fees
- $0
- Accounting fees
- $3,100
- Program services (functional)
- $51,830
- Management and general (functional)
- $4,815
Balance sheet and other
- Total assets, start of year
- $338,556
- Total assets, end of year
- $351,273
- Total liabilities, end of year
- $4,271
- Net assets, end of year
- $347,002
- Net assets without donor restrictions
- $347,002
- Gross receipts
- $66,178
- Employees
- 2
- Volunteers
- 1
- Year formed
- 2022
- State of legal domicile
- MD
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HYO SEOK LIM | PRESIDENT Trustee or director, Officer | 20 | $36,000 |
| JUNG M KHIM | TREASURER Officer | 5 | $0 |
| YOUNG CHO | TRUSTEE Trustee or director | 2 | $0 |
| SONG SUCK CHUNG | TRUSTEE Trustee or director | 3 | $0 |
| BRYAN S KHIM | CHAIR OF TRU Trustee or director | 2 | $0 |
| HAK SEON KIM | TRUSTEE Trustee or director | 2 | $0 |
| BONG JIN SHIN | TRUSTEE Trustee or director | 2 | $0 |
| YOUNG SUNG SONG | TRUSTEE Trustee or director | 2 | $0 |
| CHRISTOPHER K YOO | CLERK OF TRU Trustee or director | 2 | $0 |
| DANIEL SHINJONG BAEQ | FORMER PRESI Former | 3 | $0 |
| SE UNG KIM | TRUSTEE Former | 2 | $0 |
| SHAWN SUNGJOO KOH | TRUSTEE Former | 2 | $0 |
| GYUNG HO SONG | VICECHAIR OF Former | 2 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL SHINJONG BAEQ | PRESIDENT Trustee or director, Officer | 3 | $0 |
| JUNG M KHIM | TREASURER Officer | 5 | $0 |
| YOUNG CHO | TRUSTEE Trustee or director | 2 | $0 |
| SONG SUCK CHUNG | TRUSTEE Trustee or director | 3 | $0 |
| BRYAN S KHIM | CHAIR OF TRU Trustee or director | 2 | $0 |
| HAK SEON KIM | TRUSTEE Trustee or director | 2 | $0 |
| SE UNG KIM | TRUSTEE Trustee or director | 2 | $0 |
| SHAWN SUNGJOO KOH | TRUSTEE Trustee or director | 2 | $0 |
| BONG JIN SHIN | TRUSTEE Trustee or director | 2 | $0 |
| GYUNG HO SONG | VICECHAIR OF Trustee or director | 2 | $0 |
| YOUNG SUNG SONG | TRUSTEE Trustee or director | 2 | $0 |
| CHRISTOPHER K YOO | CLERK Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3165 SAINT JOHNS LN, ELLICOTT CITY, MD 21042-2618
- In care of
- % JUNG KHIM
- Mailing address (990-N for 2021)
- 3165 ST JOHNS LANE, ELLICOTT CITY MD 21042
- Principal officer (990 for 2024)
- JUNG M KHIM, 12333 FOX MEADOW LANE, WEST FRIENDSHIP, MD 21794
- Principal officer (990-N for 2021)
- DANIEL SHINJONG BAEQ, 3165 ST JOHNS LANE, ELLICOTT CITY MD 21042
- Signed the 990
- JUNG M KHIM, TREASURER
- Phone
- (443) 355-6172
- Website
- HTTPS://GOELSEMINARY.COM
- Return prepared by
- CHOUGH OH GILL CHAE & CO PA CPAS
Mission
FORM 990, PART I, LINE 1; FORM 990, PART III, LINE 1 THE COMPANY WAS FOUNDED WITH A MISSION TO EDUCATE AND EQUIP CHRISTIANS OF ALL NATIONS TO BECOME FAITHFUL DISCIPLES OF CHRIST BY TEACHING THEM TO FOLLOW THE WORD OF GOD. ITS MISSION IS TO HELP ALL LAITY MEMBERS GROW IN THEIR FAITH ON SOUND BIBLICAL AND THEOLOGICAL FOUNDATIONS AND SERVE THEIR FAMILIES, CHURCHES, AND COMMUNITIES BY PROVIDING A THEOLOGICAL TRAINING PROGRAM, COMBINING ACADEMIC THEORIES WITH PRACTICAL MINISTRY EXPERIENCES TO EQUIP THE STUDENTS TO SERVE THEIR LOCAL CHURCHES AND GLOBAL MISSIONS.
Program accomplishments
- PROVIDING THEOLOGICAL TRAINING PROGRAMS, COMBINING ACADEMIC THEORIES WITH PRACTICAL MINISTRY EXPERIENCES TO EQUIP THE STUDENTS TO SERVE THEIR LOCAL CHURCHES AND GLOBAL MISSIONS.Expenses $51,830
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 88-2318646
- 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
- 2023
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B28)
- Assets (IRS master file)
- $351,273
- Income (IRS master file)
- $66,178
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $66,178 | $56,645 | $351,273 | IRS |
| 990 | June 2024 | $132,442 | $57,129 | $338,556 | XML |
| 990 | June 2023 | $287,265 | $25,109 | $265,470 | IRS |
| 990-N for 2021 Officer: DANIEL SHINJONG BAEQ | June 30, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 88-2318646).
Questions about BETHEL THEOLOGICAL SEMINARY INC
- What is the EIN of BETHEL THEOLOGICAL SEMINARY INC?
- The employer identification number (EIN) of BETHEL THEOLOGICAL SEMINARY INC is 88-2318646.
- Is BETHEL THEOLOGICAL SEMINARY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to BETHEL THEOLOGICAL SEMINARY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BETHEL THEOLOGICAL SEMINARY INC 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 BETHEL THEOLOGICAL SEMINARY INC 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 BETHEL THEOLOGICAL SEMINARY INC 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 BETHEL THEOLOGICAL SEMINARY INC?
- The 990 for the year ended June 30, 2025 names JUNG M KHIM.
- Who are the officers and directors of BETHEL THEOLOGICAL SEMINARY INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $36,000 (HYO SEOK LIM, PRESIDENT).
- How much revenue does BETHEL THEOLOGICAL SEMINARY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $66,178, expenses of $56,645 and total assets of $351,273 at year end.
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