2026-05-13T13:31:33-05:00 2025-06-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2024-07-01 042463847 Gordon-Conwell Theological Seminary Inc GORD 9784687111 130 Essex Street South Hamilton MA 019822325 Gregg Hansen CFO 9784687111 2026-05-12 1 1 Melissa Magoon CPA P01712842 2077752387 2026-05-12 2024 2025-03-06 01:10:19Z Scott W Sunquist 130 Essex Street South Hamilton MA 019822325 44004576 0 X http://www.gordonconwell.edu X 1970 MA The Seminary provides graduate education in theology and religion. 22 21 424 85 0 0 8269245 9494436 18194188 18342069 3056609 6922820 79084 81952 29599126 34841277 7052241 7386028 0 0 13915842 14384093 5500 5500 1132785 10468418 10433295 31442001 32208916 -1842875 2632361 110295525 113337926 13694955 13701784 96600570 99636142 X Gordon-Conwell Theological Seminary is an educational institution serving the Lord and His Church. Its mission is to prepare men and women for ministry at home and abroad. The Seminary undertakes this task as a training partner with the Church so that what is learned on campus can be complemented by the spiritual nurture and exercise of ministry available through the Church. Gordon-Conwell's mission arises out of God's redemptive work in this world effected in Jesus Christ, understood through the biblical Word and mediated by the Holy Spirit. As a theological seminary, it provides learning, resources and training through which men and women may acquire knowledge, gain skills, and develop attitudes needed in Christ's ministry. 0 0 20983487 7386028 15937378 Provided graduate theological education that served over 1,839 students in FY25. The Seminary has four campuses: Hamilton, MA; Boston, MA; Charlotte, NC; and Jacksonville, FL. It offers 7 degree programs. 4351740 2102964 Provided auxiliary services in connection with the above, including housing, food services, bookstores, and printing/copying. 902739 301727 Provided continuing education in theological studies for pastors, laity, and others. 26237966 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 1 0 1 0 1 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1564 0 1 424 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA NH WI X Gregg Hansen CFO 9784687111 130 Essex Street South Hamilton MA 019822325 Scott W Sunquist President 50.00 X X 143981 0 120088 J Christy Wilson III Chairman 1.00 X X 0 0 0 Daniel Vogelzang Vice-Chairman 1.00 X X 0 0 0 Patti W Arey Secretary 1.00 X X 0 0 0 Gerald L Hector Treasurer 1.00 X X 0 0 0 Diana C Bennett Trustee 1.00 X 0 0 0 R Bruce Bradley Trustee 1.00 X 0 0 0 Soon Chung Trustee 1.00 X 0 0 0 John Cissel Trustee 1.00 X 0 0 0 Thomas Colatosti Trustee 1.00 X 0 0 0 Barry Corey Trustee 1.00 X 0 0 0 Robert C Doll Trustee 1.00 X 0 0 0 Stan D Gaede Trustee 1.00 X 0 0 0 Rebecca Gyra Trustee 1.00 X 0 0 0 Arlene Hall Trustee 1.00 X 0 0 0 Peter G James Trustee 1.00 X 0 0 0 Priscilla H Lee Trustee 1.00 X 0 0 0 Garry A McDowall Trustee 1.00 X 0 0 0 Leonard Moon Trustee 1.00 X 0 0 0 Luiz Paz Reyes Trustee 1.00 X 0 0 0 Chi Kong Shue Trustee 1.00 X 0 0 0 David Wright Trustee 1.00 X 0 0 0 Claude R Alexander Jr Past Trustee 1.00 X 0 0 0 Garth T Bolinder Past Trustee 1.00 X 0 0 0 Michele Breene Past Trustee 1.00 X 0 0 0 Aliya Browne Past Trustee 1.00 X 0 0 0 Shirley A Redd Past Trustee 1.00 X 0 0 0 Gregg C Hansen Chief Financial Officer 50.00 X 124251 0 40432 Alex Koh VP of Strategy and CIO 50.00 X 146830 0 15870 Mateus Ferraz De Campos Dean of Hamilton Campus 50.00 X 117303 0 32726 Steven Van Loh Controller 50.00 X 115513 0 32896 Adonis Vidu Professor 50.00 X 134542 0 10983 Brian Gardner VP Advancement 50.00 X 134948 0 6763 917368 0 259758 14 0 1 0 Magna 5 LLC 1000 Cliff Mine Rd Suite 250 Pittsburgh PA 15275 Technology Services 560114 Sodexo Inc and Affiliates PO Box 360170 Pittsburgh PA 15251 Food Services 403029 Olympic Marketing Group Inc 462 Boston Street Topsfield MA 01983 Repair & Maintenance 355383 nextSource Inc co Marquette CommFinNW PO Box 1450 Minneapolis MN 55485 Contract Labor 331220 Team HGS Australia Pty Ltd PO Box 159 Fortitude Valley QLD AS 4006 Contract Labor 243431 14 9494436 1141463 9494436 Student Tuition & Fees 900099 15995059 15995059 Auxiliary Enterprises 900099 2101976 2101976 Contracts & Subscriptions 900099 165320 165320 Government Fees 900099 60298 60298 Other Revenue 900099 19416 19416 18342069 2179590 2179590 81952 0 81952 81952 81952 13906529 9163299 4743230 4743230 4743230 34841277 18342069 0 7004772 X 64882 64882 6832758 6832758 488388 488388 431322 431322 11421196 9013635 1636821 770740 386690 305177 55418 26095 1441636 1200084 152994 88558 703249 541810 112093 49346 82197 26607 55590 64600 64600 5500 5500 105150 105150 3289364 2633885 645171 10308 115401 383 115018 954791 729164 198555 27072 900568 56410 771567 72591 1759796 1667147 88669 3980 529205 404361 99911 24933 193834 172798 20983 53 754496 753087 1409 1268343 931856 336487 53584 53584 Purchases for Resale 81637 79188 2449 280329 231196 49108 25 32208916 26237966 4838165 1132785 X 1636387 1715137 4570882 3754409 1284486 1703704 1870938 1309163 250000 250000 1586418 1758097 222921 199427 637399 639549 67436987 36338282 31347600 31098705 63791588 67756379 3096906 3153356 110295525 113337926 1655769 1672904 1036119 1172160 1683999 1721339 9141272 8924873 177796 210508 13694955 13701784 X 13863284 12645945 82737286 86990197 96600570 99636142 110295525 113337926 X 2632361 495826 -92615 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 73708188 1718614 6734927 1622780 1952045 102938 78483966 66972023 4284328 6003235 1670800 1791096 89502 73708188 63082168 2793364 4500254 1644990 1675959 82814 66972023 71617440 529324 -5311485 1636610 2028207 88294 63082168 60182524 344177 13698738 1158727 1370793 78479 71617440 0.03000 0.84000 0.13000 0 0 2275412 2275412 55265238 27322846 27942392 9896337 9015436 880901 31098705 Advances from Government for Federal Student Loans 210508 210508 27818191 495826 -116233 379593 27438598 105150 7297529 7402679 34841277 24782619 0 24782619 105150 7321147 7426297 32208916 Part IV, Line 2b: Annuity value related to the charitable remainder trusts and other gift annuities and valued based on the actuarial expected lives of beneficiaries ranges between seven and eight percent as the interest rate basis to determine present value. Part V, Line 4: The intended uses of the Organization's endowment funds are to provide a reliable recurring revenue stream for academic programs, financial aid, general operations and maintenance, and other programs within donor restrictions. Part XI, Line 2d - Other Adjustments: Change in Value of Trusts and Annuities Payable -116,233. Part XI, Line 4b - Other Adjustments: Student Aid 7,321,147. Change in Present Value Discount of Pledges -23,618. Part XII, Line 4b - Other Adjustments: Student Aid 7,321,147. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Gordon-Conwell publishes its racially nondiscriminatory policy on its website's persona pages for prospective students and current students. Schedule E, Part I, Line 6 The Seminary participates in the US Department of Education's Direct Loan, FWS and Perkins programs. 1 Central America & Caribbean Program Services Educational Instruction 37359 East Asia & the Pacific Program Services Educational Instruction 153704 Europe Program Services Educational Instruction 26310 Middle East & North Africa Program Services Educational Instruction 5375 North America Program Services Educational Instruction 60278 South America Program Services Educational Instruction 18055 Sub-Saharan Africa Program Services Educational Instruction 187307 0 0 0 0 0 0 488388 0 488388 General Scholarships Central America & Caribbean 10 0 37359 Tuition reductions from full-tuition FMV General Scholarships East Asia & the Pacific 69 0 153704 Tuition reductions from full-tuition FMV General Scholarships Europe 10 0 26310 Tuition reductions from full-tuition FMV General Scholarships Middle East & North Africa 2 0 5375 Tuition reductions from full-tuition FMV General Scholarships North America 25 0 60278 Tuition reductions from full-tuition FMV General Scholarships South America 18 0 18055 Tuition reductions from full-tuition FMV General Scholarships Sub-Saharan Africa 40 0 187307 Tuition reductions from full-tuition FMV 0 0 0 0 0 0 Part I, Line 2: Scholarships provided to international students participating in courses hosted outside the United States and courses accessed through the internet. Scholarships are non-cash tuition reductions from the full-tuition rate and are based on the program the students are in. No other criteria are used to determine the tuition reduction. Payment of reduced-tuition rate is monitored by the Student Accounts Office. 1 COPAHNI Inc 270 Libbey Industrial Pkwy Weymouth MA 02189 000883397 501 (c) (3) 21000 0 Nurture religious youth life Black Ministerial Alliance 2010 Columbus Ave Boston MA 02119 043499852 501 (c) (3) 21000 0 Nurture religious youth life Vision New England PO Box 657 Stratham NH 03885 042121335 501 (c) (3) 21000 0 Nurture religious youth life 3 0 Endowed Scholarships 65 0 331706 FMV of award amount Tuition reductions from full-tuition Named Scholarships 231 31919 753001 FMV of award amount Tuition reductions from full-tuition General Scholarships 1167 0 5716032 FMV of award amount Tuition reductions from full-tuition Part I, Line 2: All students who are applying for Federal financial aid are required to complete the FAFSA and the Gordon-Conwell financial aid application. The information obtained from these documents is used by the Financial Aid Office to determine eligibility of Federal and institutional aid. To assist with determining their eligibility, each student is assigned an institutional budget for the cost of attendance. This budget includes tuition, books and fees, room and board, health insurance, transportation, and a miscellaneous category. In general, Gordon-Conwell scholarships are either need-based or merit-based and any Gordon-Conwell aid that is awarded is factored into the eligibility for Federal aid. Grants made to churches for the purpose of nurturing youth to grow in faith are monitored through periodic program and financial reporting from the grant receipts to Gordon-Conwell. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Scott W Sunquist President 140273 0 0 0 3708 0 21375 0 98713 0 264069 0 0 0 Gregg C Hansen Chief Financial Officer 123837 0 0 0 414 0 6763 0 33669 0 164683 0 0 0 Alex Koh VP of Strategy and CIO 146416 0 0 0 414 0 7722 0 8148 0 162700 0 0 0 Mateus Ferraz De Campos Dean of Hamilton Campus 117049 0 0 0 254 0 4250 0 28476 0 150029 0 0 0 Part I, Line 1a Travel for companions is restricted to spouses and only in accordance with the Spousal Travel Policy. Housing allowance is restricted to eligible ordained or licensed ministers who are connected with a church or denomination that exercises significant oversight and supervision over their ministerial duties at the Seminary. The parsonage allowance, which is a portion of the minister's total salary, is approved annually by the Audit Committee. Scott Sunquist Officer 2nd Mortgage X 200000 200000 0 1 1 Gregg C Hansen Officer 2nd Mortgage X 50000 50000 0 1 1 250000 X 12 1141463 Market quotations 0 1 0 Form 990, Part VI, Section B, line 11b Form 990 is prepared and reviewed by management. The return is then reviewed by the tax department of Gordon-Conwell's independent accountants. The public version of the return is next reviewed by the Audit Committee and then the public version of the return is provided to the Board of Trustees before the non-public version of the return is filed with the IRS. Form 990, Part VI, Section B, line 12c Gordon-Conwell requires a conflict of interest policy form to be signed annually by each Trustee, President's Cabinet Member, and Faculty Member. The Chairman of the Board of Trustees is responsible for enforcing the policy for all Trustees. The President is responsible for enforcing the policy for all President's Cabinet Members and Faculty Members. Form 990, Part VI, Section B, line 15 Compensation of Gordon-Conwell's President and Vice President for Finance and Operations/Chief Financial Officer is determined by the Executive Compensation & Personnel Committee, which is made up of independent members of the Board of Trustees. The Executive Compensation & Personnel Committee reviews compensation survey data for comparable positions at peer schools to determine reasonable and appropriate executive compensation. The final compensation amounts are approved and contemporaneously documented by the Executive Compensation & Personnel Committee and included in the fiscal year budget that is approved by the Board of Trustees. Form 990, Part VI, Section C, line 19 Gordon-Conwell makes its IRS Form 1023, IRS Form 990, IRS determination letter, governing documents, conflict of interest policy, and financial statements available to the public upon request. Public versions of the documents will be provided either via U.S. Postal Service or email. Gordon-Conwell also makes its Annual Report and financial statements available on its website. Form 990, Part IX, line 11g Other Fees: Program service expenses 2,633,885. Management and general expenses 645,171. Fundraising expenses 10,308. Total expenses 3,289,364. Form 990, Part X, Line 10: Land, Buildings, and Equipment Gordon-Conwell Theological Seminary, Inc. 130 Essex Street South Hamilton, MA 01982 EIN 04-2463847 Gordon-Conwell Theological Seminary, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Change in Value, Remainder Trusts & Annuities -116,233. Change in Present Value Discount of Pledges 23,618. Loss on Uncollectible Pledge & Change in Allowance for Uncollectible Pledge Form 990, Part V, Line 3a: Gordon-Conwell has no unrelated business income. Its revenue is either directly related to its exempt function as a 501(c)(3) school or is excluded from unrelated business income due to the exclusions of rent from real property and all dividends, interest, annuities and other investment income. Form 990, Schedule L, Part II: Loans to and From Interested Persons Housing assistance loans are part of the Housing Assistance Program, which is a shared appreciation loan for the purchase of a home. The loan accrues interest during the life of the loan based on a shared appreciation formula and no interest or principal is paid until the borrower is required to pay off the loan. The loan is secured with a second mortgage on the house.