Nonprofit · EIN 41-0789397
CENTRAL BAPTIST THEOLOGICAL SEMINARY
Tax-exempt · PLYMOUTH, MN 55441
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,553,162 | $1,732,192 | -$179,030 | $6,220,390 | $47,887 | $6,172,503 |
| June 30, 2024 | 990 | $1,306,784 | $1,523,288 | -$216,504 | $6,003,175 | $46,532 | $5,956,643 |
| June 30, 2023 | 990 | $2,622,195 | $1,558,109 | $1,064,086 | $5,883,782 | $73,862 | $5,809,920 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,127,509
- Program service revenue
- $335,756
- Investment income
- $105,686
- Net income from fundraising events
- -$16,197
- Other revenue
- -$15,789
Expenses
- Grants and similar amounts paid
- $60,376
- Compensation of officers, directors and key employees
- $34,946
- Other salaries and wages
- $1,099,103
- Salaries, compensation and benefits (total)
- $1,134,049
- Professional fundraising fees
- $0
- Occupancy
- $105,461
- Travel
- $32,981
- Depreciation
- $64,880
- Program services (functional)
- $1,287,113
- Management and general (functional)
- $428,837
- Fundraising (functional)
- $16,242
Balance sheet and other
- Total assets, start of year
- $6,003,175
- Total assets, end of year
- $6,220,390
- Total liabilities, end of year
- $47,887
- Net assets, end of year
- $6,172,503
- Land, buildings and equipment
- $1,132,681
- Publicly traded securities
- $4,576,940
- Net assets without donor restrictions
- $5,543,286
- Net assets with donor restrictions
- $629,217
- Gross receipts
- $1,588,302
- Employees
- 19
- Volunteers
- 65
- Year formed
- 1956
- State of legal domicile
- MN
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Luke Forman | Treasurer Trustee or director, Officer | 15 | $0 | $10,059 | $9,375 |
| Matt Morrell | President Trustee or director, Officer | 5 | $0 | $6,762 | $8,750 |
| Tim Emslie | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Timothy Graham | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Ronald Groschel | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Don Steinhart | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Craig Muri | Chairman of the Board Trustee or director | 2 | $0 | $0 | $0 |
| Donald Oglivie | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Randall Quiring | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Mark Stuckey | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Marlon Mielke | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Jay Russell | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Douglas Mclachlan | Chancellor Trustee or director | 2 | $0 | $0 | $0 |
| Steven Bauder | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Emmanuel Malone | Board Member Trustee or director | 2 | $0 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Donald Odens | Board Member Trustee or director | 2 | $0 |
| Lee Ormiston | Board Member Trustee or director | 2 | $0 |
| Shad Vork | Board Secretary Trustee or director | 2 | $0 |
| Doug Roman | Board Member Trustee or director | 2 | $0 |
| Jeff King | Board Member Trustee or director | 2 | $0 |
| Victor Clay | Board Member Trustee or director | 2 | $0 |
| Sam Macalus | Board Member Trustee or director | 2 | $0 |
| Newton Guillen | Board Member Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TODD KILBURN | TREASURER Trustee or director, Officer | 15 | $19,593 | $18,750 |
| MATT MORRELL | PRESIDENT Trustee or director, Officer | 5 | $7,408 | $7,500 |
| TIM EMSLIE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TIMOTHY GRAHAM | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RONALD GROSCHEL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DON STEINHART | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CRAIG MURI | CHAIRMAN OF BOARD Trustee or director | 2 | $0 | $0 |
| DONALD OGLIVIE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RANDALL QUIRING | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARK STUCKEY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LES LEITH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARLON MIELKE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JAY RUSSELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DOUGLAS MCLACHLAN | CHANCELLOR Trustee or director | 2 | $0 | $0 |
| RALPH WARREN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| STEVEN BAUDER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| EMMANUEL MALONE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DONALD ODENS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LEE ORMISTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SHAD VORK | BOARD SECRETARY Trustee or director | 2 | $0 | $0 |
| DOUG ROMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JOFFREY MENDOZA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| VICTOR CLAY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SAM MACALUS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| NEWTON GUILLEN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TODD KILBURN | TREASURER Trustee or director, Officer | 15 | $17,986 | $18,750 |
| MATT MORRELL | PRESIDENT Trustee or director, Officer | 5 | $7,636 | $6,875 |
| TIM EMSLIE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TIMOTHY GRAHAM | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RONALD GROSCHEL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DON STEINHART | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CRAIG MURI | CHAIRMAN OF BOARD Trustee or director | 2 | $0 | $0 |
| DONALD OGLIVIE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RANDALL QUIRING | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARK STUCKEY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LES LEITH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARLON MIELKE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JAY RUSSELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DOUGLAS MCLACHLAN | CHANCELLOR Trustee or director | 2 | $0 | $0 |
| RALPH WARREN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARK GEHRKE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| STEVEN BAUDER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| EMMANUEL MALONE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DONALD ODENS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LEE ORMISTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BEN DAVIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SHAD VORK | BOARD SECRETARY Trustee or director | 2 | $0 | $0 |
| GERALD WEBER | BOARD MEMBER EMERITUS Trustee or director | 2 | $0 | $0 |
| DOUG ROMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JOFFREY MENDOZA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| VICTOR CLAY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 900 FORESTVIEW LN N, PLYMOUTH, MN 55441-5934
- Principal officer (990 for 2024)
- Matt Morrell, 900 Forestview Lane North, Plymouth, MN 55441
- Signed the 990
- Matt Morrell, President
- Phone
- (763) 417-8250
- Return prepared by
- Corey A Pfaffe CPA LLC
Mission
The mission of Central Baptist Theological Seminary is to assist New Testament churches in equipping spiritual leaders for Christ-exalting biblical ministry.
Program accomplishments
- Seminary-The purpose of Central Seminary is to prepare, at the graduate level, men and women whom God has called to his service for separatist Baptist witness and work at home and abroad. Graduates are granted diplomas for theological ministry preparation. Degrees included Master of Arts in Theological Studies, Masters of Divinity, Masters of Theology, and PhD in Theology.Expenses $746,630 · grants $69,234 · revenue $425,653
- WCTS-Develop and deliver broadcast programming to inform and edify Christians and encourage others to consider the claims of Jesus Christ. Broadcasting in an AM, non- commercial station format to the great Twin Cities and also via the internet 24 hours per day. Long term goals include the increasing of night time power for the greater Twin Cities area as well as continue providing quality programming covering biblical preaching/teaching and God honoring music.Expenses $540,483 · revenue $73,032
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
- 41-0789397
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1964
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,220,390
- Income (IRS master file)
- $1,588,302
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,553,162 | $1,732,192 | $6,220,390 | XML |
| 990 | June 2024 | $1,306,784 | $1,523,288 | $6,003,175 | XML |
| 990 | June 2023 | $2,622,195 | $1,558,109 | $5,883,782 | XML |
| 990 | June 2022 | $1,553,983 | $1,465,368 | $4,526,141 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 41-0789397).
Questions about CENTRAL BAPTIST THEOLOGICAL SEMINARY
- What is the EIN of CENTRAL BAPTIST THEOLOGICAL SEMINARY?
- The employer identification number (EIN) of CENTRAL BAPTIST THEOLOGICAL SEMINARY is 41-0789397.
- Is CENTRAL BAPTIST THEOLOGICAL SEMINARY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to CENTRAL BAPTIST THEOLOGICAL SEMINARY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CENTRAL BAPTIST 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 CENTRAL BAPTIST 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 CENTRAL BAPTIST 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 CENTRAL BAPTIST THEOLOGICAL SEMINARY?
- The 990 for the year ended June 30, 2025 names Matt Morrell.
- Who are the officers and directors of CENTRAL BAPTIST THEOLOGICAL SEMINARY?
- The 990 for the year ended June 30, 2025 lists 23 people; 0 received compensation from the organization.
- How much revenue does CENTRAL BAPTIST THEOLOGICAL SEMINARY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,553,162, expenses of $1,732,192 and total assets of $6,220,390 at year end.
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