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Nonprofit · EIN 91-1559533

FAITH EVANGELICAL LUTHERAN SEMINARY

Also known as FAITH SEMINARY

Tax-exempt · TACOMA, WA 98407

Financials

$2.4M$2.7M2022$2.7M$2.5M2023$2.9M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of FAITH EVANGELICAL LUTHERAN SEMINARY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,866,204$2,693,722$172,482$4,409,957$2,759,093$1,650,864
June 30, 2024990$2,675,785$2,491,232$184,553$4,364,989$2,886,607$1,478,382
June 30, 2023990$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.

NameTitleHours / weekCompensation
JOHN WHEELERFIU VICE PRE
Officer
40$127,433
DR MICHAEL ADAMSFIU PRESIDEN
Officer
40$101,333
KYU HYUN LEEFIU VICE PRE
Officer
40$66,252
KARL ZETTERBERGPRESIDENT /
Trustee or director, Officer
1$24,000
JAMES ELMOREDIRECTOR
Trustee or director
1$0
CRAIG MCELFRESHDIRECTOR
Trustee or director
1$0
MARK REDALTREASURER
Trustee or director, Officer
1$0
PAUL REDALDIRECTOR
Trustee or director
1$0
MICHAEL STEWARTDIRECTOR
Trustee or director
1$0
JAMES TILLEACADEMIC DEA
Officer
32$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
JOHN WHEELERFIU VICE PRE
Officer
40$127,433
DR MICHAEL ADAMSFIU PRESIDEN
Officer
40$101,333
DR KYU HYUN LEEFIU VICE PRE
Officer
40$66,525
H WAYNE HOUSEFIU CAO
Officer
32$35,000
JAMES ELMOREDIRECTOR
Trustee or director, Officer
1$0
CRAIG MCELFRESHDIRECTOR
Trustee or director
1$0
MARK REDALTREASURER
Trustee or director, Officer
1$0
PAUL REDALDIRECTOR
Trustee or director
1$0
MICHAEL STEWARTDIRECTOR
Trustee or director
1$0
KARL ZETTERBERGPRESIDENT
Trustee or director, Officer
1$0
DON BELLFIU CFO
Officer
10$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensation
DR MICHAEL J ADAMSPRESIDENT &
Trustee or director, Officer
40$109,000
JOHN WHEELERVICE PRESIDE
Officer
40$103,000
DR KYU HYUN LEEVICE PRESIDE
Officer
40$75,000
H WAYNE HOUSECAO
Officer
32$45,000
JAMES ELMOREDIRECTOR
Trustee or director
1$0
CRAIG MCELFRESHDIRECTOR
Trustee or director
1$0
MARK REDALSECRETARY
Trustee or director, Officer
1$0
PAUL REDALTREASURER
Trustee or director, Officer
1$0
MICHAEL STEWARTDIRECTOR
Trustee or director
1$0
KARL ZETTERBERGCHAIRMAN
Trustee or director, Officer
1$0
DON BELLCFO
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
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.

990 for the year ended June 30, 2025

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,866,204$2,693,722$4,409,957XML
990June 2024$2,675,785$2,491,232$4,364,989XML
990June 2023$2,355,756$2,699,500$4,416,351XML
990June 2022$2,825,469$2,434,632$4,947,688IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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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