Nonprofit · EIN 91-1559533
FAITH EVANGELICAL LUTHERAN SEMINARY
Also known as FAITH SEMINARY
Tax-exempt · TACOMA, WA 98407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,866,204 | $2,693,722 | $172,482 | $4,409,957 | $2,759,093 | $1,650,864 |
| June 30, 2024 | 990 | $2,675,785 | $2,491,232 | $184,553 | $4,364,989 | $2,886,607 | $1,478,382 |
| June 30, 2023 | 990 | $2,355,756 | $2,699,500 | -$343,744 | $4,416,351 | $3,122,522 | $1,293,829 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $43,095
- Program service revenue
- $2,823,088
- Investment income
- $21
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $319,018
- Other salaries and wages
- $1,092,809
- Salaries, compensation and benefits (total)
- $1,543,860
- Professional fundraising fees
- $0
- Legal fees
- $2,145
- Accounting fees
- $39,971
- Occupancy
- $66,632
- Travel
- $173,070
- Depreciation
- $87,535
- Program services (functional)
- $876,441
- Management and general (functional)
- $1,817,281
Balance sheet and other
- Total assets, start of year
- $4,364,989
- Total assets, end of year
- $4,409,957
- Total liabilities, end of year
- $2,759,093
- Net assets, end of year
- $1,650,864
- Land, buildings and equipment
- $3,959,524
- Net assets without donor restrictions
- $1,650,864
- Gross receipts
- $2,866,204
- Employees
- 42
- Year formed
- 1969
- State of legal domicile
- WA
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 |
|---|---|---|---|
| JOHN WHEELER | FIU VICE PRE Officer | 40 | $127,433 |
| DR MICHAEL ADAMS | FIU PRESIDEN Officer | 40 | $101,333 |
| KYU HYUN LEE | FIU VICE PRE Officer | 40 | $66,252 |
| KARL ZETTERBERG | PRESIDENT / Trustee or director, Officer | 1 | $24,000 |
| JAMES ELMORE | DIRECTOR Trustee or director | 1 | $0 |
| CRAIG MCELFRESH | DIRECTOR Trustee or director | 1 | $0 |
| MARK REDAL | TREASURER Trustee or director, Officer | 1 | $0 |
| PAUL REDAL | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL STEWART | DIRECTOR Trustee or director | 1 | $0 |
| JAMES TILLE | ACADEMIC DEA Officer | 32 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN WHEELER | FIU VICE PRE Officer | 40 | $127,433 |
| DR MICHAEL ADAMS | FIU PRESIDEN Officer | 40 | $101,333 |
| DR KYU HYUN LEE | FIU VICE PRE Officer | 40 | $66,525 |
| H WAYNE HOUSE | FIU CAO Officer | 32 | $35,000 |
| JAMES ELMORE | DIRECTOR Trustee or director, Officer | 1 | $0 |
| CRAIG MCELFRESH | DIRECTOR Trustee or director | 1 | $0 |
| MARK REDAL | TREASURER Trustee or director, Officer | 1 | $0 |
| PAUL REDAL | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL STEWART | DIRECTOR Trustee or director | 1 | $0 |
| KARL ZETTERBERG | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DON BELL | FIU CFO Officer | 10 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR MICHAEL J ADAMS | PRESIDENT & Trustee or director, Officer | 40 | $109,000 |
| JOHN WHEELER | VICE PRESIDE Officer | 40 | $103,000 |
| DR KYU HYUN LEE | VICE PRESIDE Officer | 40 | $75,000 |
| H WAYNE HOUSE | CAO Officer | 32 | $45,000 |
| JAMES ELMORE | DIRECTOR Trustee or director | 1 | $0 |
| CRAIG MCELFRESH | DIRECTOR Trustee or director | 1 | $0 |
| MARK REDAL | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAUL REDAL | TREASURER Trustee or director, Officer | 1 | $0 |
| MICHAEL STEWART | DIRECTOR Trustee or director | 1 | $0 |
| KARL ZETTERBERG | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DON BELL | CFO Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 3504 N PEARL ST, TACOMA, WA 98407-2607
- Principal officer (990 for 2024)
- DR MICHAEL ADAMS, 3504 NORTH PEARL STREET, TACOMA, WA 984072607
- Signed the 990
- DR MICHAEL ADAMS, FIU PRESIDENT & CEO
- Phone
- (888) 777-7675
- Website
- WWW.FAITHIU.EDU
- Return prepared by
- DNM & ASSOCIATES PS
Mission
FAITH EVANGELICAL SEMINARY EXISTS TO GLORIFY GOD BY EQUIPPING CHRISTIAN LEADERS WITH A BIBLICAL, THEOLOGICAL, AND PRACTICAL EDUCATION EMPOWERING THEM TO APPLY AND PROCLAIM THE INERRANT WORD OF GOD FOR WORLD-WIDE CHRISTIAN SERVICE.
Program accomplishments
- UNDERGRADUATE AND GRADUATE THEOLOGICAL EDUCATION AND RESEARCH SERVING STUDENTS IN THE UNITED STATES.Expenses $876,441 · revenue $2,823,088
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
- 91-1559533
- 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
- 1996
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B30Z)
- Assets (IRS master file)
- $4,409,957
- Income (IRS master file)
- $2,866,204
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,866,204 | $2,693,722 | $4,409,957 | XML |
| 990 | June 2024 | $2,675,785 | $2,491,232 | $4,364,989 | XML |
| 990 | June 2023 | $2,355,756 | $2,699,500 | $4,416,351 | XML |
| 990 | June 2022 | $2,825,469 | $2,434,632 | $4,947,688 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 91-1559533).
Questions about FAITH EVANGELICAL LUTHERAN SEMINARY
- What is the EIN of FAITH EVANGELICAL LUTHERAN SEMINARY?
- The employer identification number (EIN) of FAITH EVANGELICAL LUTHERAN SEMINARY is 91-1559533.
- Is FAITH EVANGELICAL LUTHERAN SEMINARY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to FAITH EVANGELICAL LUTHERAN SEMINARY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FAITH EVANGELICAL LUTHERAN 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 FAITH EVANGELICAL LUTHERAN 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 FAITH EVANGELICAL LUTHERAN 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 FAITH EVANGELICAL LUTHERAN SEMINARY?
- The 990 for the year ended June 30, 2025 names DR MICHAEL ADAMS.
- Who are the officers and directors of FAITH EVANGELICAL LUTHERAN SEMINARY?
- The 990 for the year ended June 30, 2025 lists 10 people; 4 received compensation from the organization, the highest $127,433 (JOHN WHEELER, FIU VICE PRE).
- How much revenue does FAITH EVANGELICAL LUTHERAN SEMINARY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,866,204, expenses of $2,693,722 and total assets of $4,409,957 at year end.
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