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Institute of Lutheran Theology

Institute of Lutheran Theology

Brookings, SD 57006
Tax ID26-1251815

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About this organization

Revenue

$1,016,745

Expenses

$1,005,750

Website

ilt.edu

Mission

The Institute of Lutheran Theology is a Christian faith community, seminary and graduate school that rigorously equips faithful pastors, teachers and lay people to effectively proclaim the gospel and serve Christ's church throughout the world.

About

To fulfill its mission the institute offers: scripturally-grounded, solidly Lutheran, pastoral preparation Christian leadership certification programs adult Christian education continuing education opportunities for clergy graduate degrees for teachers of theology. The institute is accredited as a qualified ABHE (Association of Biblical Higher Education) higher education institute.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “To educate and prepare ordained and lay lutheran leaders, followers of jesus christ, for evangelical vocations so that: they may walk in the way of jesus christ, know the truth which is christ, and witness their resurrected life in christ for all to see.”.

When outlining its functions, they were explained as: “To educate and prepare ordained and lay lutheran leaders, followers of jesus christ, for evangelical vocations so that: they may walk in the way of jesus christ, know the truth which is christ, and witness their resurrected life in christ for all to see.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as SD.
  • The filing records the non-profit's address for 2020 as 910 4TH ST, BROOKINGS, SD, 57006.
  • As of 2020, the non-profit's form reports a total of 17 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $10,995.
  • The compensation of the CEO of the organization is not based on an independent review and approval process.
  • The organization has 10 independent voting members.
  • The organization was formed in 2007.
  • The organization pays $666,932 in salary, compensation, and benefits to its employees.
  • The organization pays $205,457 in fundraising expenses.
  • The organization has minutes of its meetings.

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