Maranatha Baptist University Inc

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

EIN: 391097032 ✦ Watertown, WI ✦ Designated as a 501(c)(3)

Overview

What is Maranatha Baptist University Inc?

Maranatha Baptist University Inc, located at 745 West Main Street, Watertown, Wisconsin, is a Christian nonprofit institution dedicated to higher education. With over 1,300 students, both on campus and online, the organization focuses on training men and women for effective gospel ministry within their local churches. This is accomplished through a comprehensive program of biblical, general, and professional studies. The university engages in various activities, including the publication of promotional materials, a course catalog, and two editions of a magazine annually. The university employees a total workforce of 673 individuals.


Official website here: www.mbu.edu

Is Maranatha Baptist University Inc legitimate?

Maranatha Baptist University Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maranatha Baptist University 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: $370,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mbu.edu

What is the mission statement of Maranatha Baptist University Inc?

Maranatha Baptist University Inc is dedicated to educating men and women for effective gospel ministry within the local church. This is achieved through a higher educational program that encompasses biblical, general, and professional studies. The university's primary activity is the operation of a Christian university and high school, serving over 1,300 main campus and online students. All university activities are directly related to this purpose. Maranatha Baptist University Inc produces promotional materials, a course catalog, and two editions of a magazine annually to support its mission.


Official website here: www.mbu.edu

Who is the CEO of Maranatha Baptist University Inc?

Donald Donovan is the Vp Business Affairs of Maranatha Baptist University Inc. The CEO's salary of Maranatha Baptist University Inc is $88,951 and their total compensation is $150,488.


Official website here: www.mbu.edu

What is the revenue of Maranatha Baptist University Inc?

Maranatha Baptist University Inc's revenue in 2022 was $18,420,969.


Official website here: www.mbu.edu

Who are the executives of Maranatha Baptist University Inc and what are their salaries?

The average compensation at Maranatha Baptist University Inc during 2022 was $550. There are 673 employees and 27 volunteers at Maranatha Baptist University Inc.

Here are 20 key members and their salaries (Maranatha Baptist University Inc's CEO's salary is $88,951 and their total compensation is $150,488):

    Mr Donald Donovan (Vp Business Affairs)
  • Compensation: $57,391
  • Related: $0
  • Other: $95,551

    • Dr Matthew Davis (Ceo) [Trustee/Director]
  • Compensation: $88,951
  • Related: $0
  • Other: $61,537

    • Dr Marty Marriott (President) [Trustee/Director]
  • Compensation: $72,806
  • Related: $0
  • Other: $24,366

    • Dr Robert Loggans (Secretary) [Trustee/Director]
  • Compensation: $2,528
  • Related: $0
  • Other: $0

    • Dr David Oliver (Trustee)
  • Compensation: $1,290
  • Related: $0
  • Other: $0

    • Dr Doug Jackson (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Michael Dean (Vice-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Mark Poorman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Darrell Beernink (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr William Lincoln (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Kevin Ames Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Michael Stoltenberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pastor Dave Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr David Baldwin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Randy Melchert Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Zachary Mortimer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Andy Counterman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pastor Chad Prigge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr John Phillips (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Stephen Burton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mbu.edu

    Where can I find the form 990 for Maranatha Baptist University Inc?

    The Maranatha Baptist University Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mbu.edu

    Learn more at the official website: www.mbu.edu

    Mission Statement of Maranatha Baptist University Inc

    Maranatha Baptist University Inc is a higher educational institution dedicated to training men and women for effective gospel ministry in the local church. Through a comprehensive program of biblical, general, and professional studies, the university equips its students with the knowledge and skills necessary to serve in their faith communities.

    The mission of Maranatha Baptist University Inc is multifaceted. It not only focuses on providing students with a solid foundation in theology and scripture, but also emphasizes the importance of general and professional studies. This holistic approach ensures that graduates are well-rounded individuals who can make meaningful contributions to their churches and communities.

    Maranatha Baptist University Inc's activities are directly related to this purpose. The university operates both on campus and online, serving over 1,300 students. All aspects of its operations, from printing promotional materials to publishing a course catalog and two editions of a magazine annually, support the institution's mission to prepare individuals for gospel ministry.

    Impact

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




    Thursday, August 15, 2024

    Maranatha Baptist University Inc's impact is primarily focused on training men and women for effective gospel ministry in the local church through a higher educational program of biblical, general, and professional studies. With over 1,300 main campus and online students, the university plays a crucial role in equipping individuals for leadership roles within the church. By providing a foundation in both academic studies and spiritual development, Maranatha Baptist University Inc contributes to the growth and sustainability of the Christian community. The university's dedication to this mission reflects its commitment to preparing individuals for impactful service in their communities and beyond.





    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 2022.

  • Investment Income: $143,228
  • Program Service Revenue: $14,647,160
  • Gross Receipts: $18,530,629

    • Assets and Liabilities:
  • Total Assets: $23,386,900
  • Total Liabilities: $5,811,377
  • Net Assets: $17,575,523
  • Programs

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

    TUITION AND FEES

    Revenue

    $10,953,878

    ROOM AND BOARD

    Revenue

    $2,891,752

    DAYCARE/PRESCHOOL

    Revenue

    $611,117

    ATHLETIC CAMPS

    Revenue

    $100,296

    PIANO STRING PREPARATORY

    Revenue

    $90,117

    Organization Details

    Founding Year

    1968

    Principal Officer

    Donald Donovan

    Main Address

    745 WEST MAIN STREET, WATERTOWN, WI, 530947638

    NTEE Category

    Code: B42 - Education

    If you are a representative of Maranatha Baptist University 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.