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Purpose Institute Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043615764 ✦ Canton, OH ✦ Designated as a 501(c)(3)

Overview

What is Purpose Institute Inc?

Purpose Institute Inc, situated in Canton, Ohio, serves as a nonprofit organization dedicated to equipping and nurturing pastors and ministers. Through comprehensive training programs, they focus on honing ministerial studies and leadership skills. With a modest workforce of two individuals, Purpose Institute Inc contributes to the spiritual development of clergy members, thereby strengthening religious communities and spiritual leadership across the nation.


Official website here: www.purposeinstitute.com

Is Purpose Institute Inc legitimate?

Purpose Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Purpose Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $134,566
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,143

For more financial information, click here


Official website here: www.purposeinstitute.com

What is the mission statement of Purpose Institute Inc?

The Purpose Institute Inc is committed to providing training in ministerial studies and leadership. Their mission is centered around equipping pastors and ministers with the necessary skills and knowledge. The organization's primary activity involves offering comprehensive educational programs in the field of ministry and leadership. Their goal is to empower these individuals, thereby strengthening religious communities and spiritual leadership. The Purpose Institute Inc serves as a crucial resource for personal growth and professional development in the ministerial field.


Official website here: www.purposeinstitute.com

Who is the CEO of Purpose Institute Inc?

Finis Joe Ellis is the President of Purpose Institute Inc.


Official website here: www.purposeinstitute.com

What is the revenue of Purpose Institute Inc?

Purpose Institute Inc's revenue in 2023 was $963,079.


Official website here: www.purposeinstitute.com

Who are the executives of Purpose Institute Inc and what are their salaries?

The average compensation at Purpose Institute Inc during 2023 was $85,354. There are 2 employees at Purpose Institute Inc.

Here are 10 key members and their salaries:

    Brian Michael (Director Of Campuses)
  • Compensation: $43,348
  • Related: $0
  • Other: $0

    • Finis Joe Ellis (President) [Trustee/Director]
  • Compensation: $29,729
  • Related: $0
  • Other: $0

    • Dr James Littles (Director Of Academics)
  • Compensation: $11,500
  • Related: $0
  • Other: $0

    • Steve Schobert (Director Of Operations)
  • Compensation: $11,450
  • Related: $0
  • Other: $0

    • Thomas Ellis (Director Of Marketing)
  • Compensation: $10,350
  • Related: $0
  • Other: $0

    • George Szabolcsi (Executive Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Lashley (Executive Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diana Reed (Executive Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Lee (Executive Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sergey Tomyev (Executive Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.purposeinstitute.com

    Where can I find the form 990 for Purpose Institute Inc?

    The Purpose Institute Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.purposeinstitute.com

    Learn more at the official website: www.purposeinstitute.com

    Mission Statement of Purpose Institute Inc

    Purpose Institute Inc is an organization dedicated to providing training in ministerial studies and leadership. Its mission is to equip and empower pastors and ministers with the necessary skills and knowledge to effectively serve their congregations. Through comprehensive training programs, Purpose Institute Inc aims to foster the development of strong and capable leaders within the religious community. By offering courses in ministerial studies and leadership, the institute ensures that its students are well-equipped to navigate the challenges of their roles and make a positive impact in their communities.

    Impact

    This information is meant to be a general summary of Purpose Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Purpose Institute Inc has had a significant impact on the lives of pastors and ministers by providing high-quality training in ministerial studies and leadership. Through its programs, this organization equips individuals with the knowledge and skills necessary to excel in their roles within religious communities. By doing so, Purpose Institute Inc not only fosters personal growth and development among participants but also strengthens the capacity of churches and religious organizations to serve their communities effectively.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $72
  • Program Service Revenue: $383,550
  • Gross Receipts: $963,079

    • Assets and Liabilities:
  • Total Assets: $100,850
  • Total Liabilities: $16,659
  • Net Assets: $84,191
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Program Income

    Revenue

    $383,550

    Organization Details

    Founding Year

    2001

    Principal Officer

    Finis Joe Ellis

    Main Address

    PO BOX 6433, CANTON, OH, 44706

    NTEE Category

    Code: X20 - Religion related

    If you are a representative of Purpose Institute Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.