Puritan Reformed Theological Seminary logo

Puritan Reformed Theological Seminary

GRAND RAPIDS, MI EIN: 20-2394341 Website

TO PREPARE STUDENTS TO SERVE CHRIST AND HIS CHURCH THROUGH BIBLICAL, EXPERIENTIAL AND PRACTICAL MINISTRY. PRTS PROVIDES THEOLOGICAL TRAINING AND INSTRUCTION IN ACCORDANCE WITH THE SCRIPTURES AND THE HISTORIC REFORMED CREEDS FOR PROMOTION AND DEFENSE OF THE GOSPEL OF JESUS CHRIST.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$18.7M

+22.9% YoY

Revenue

$9.3M

+38.8% YoY

Net Investment Income

$332K

+674.1% YoY

Expenses

$6.0M

+27.5% YoY

About Puritan Reformed Theological Seminary

Based on IRS filings

Puritan Reformed Theological Seminary is a nonprofit organization focused on Education, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.7M in total assets. Net investment income was $332K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Grand Rapids

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$5M$8M$10M20202021202220232024
Metric202420232022
Total Assets$18,692,646$15,209,895$13,368,431
Revenue$9,252,660$6,666,827$7,247,093
Expenses$6,039,740$4,737,212$4,350,593
Qualifying Distributions
Net Investment Income$331,741$42,853$-19,710
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$63K$125K$188K$250K0 grants20201 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ADRIAAN NEELEPRESIDENT$144KDANIEL TIMMEREMPLOYEE$143KJONATHON BEEKEEMPLOYEE$129KZACHARY ASHEMPLOYEE$125KSTEPHEN MYERSEMPLOYEE$121KMICHAEL BARRETTEMPLOYEE$113K

From 2024 filing

NameTitleHoursCompensation
BART ELSHOUTTRUSTEE1
CONNOR KEUNINGTRUSTEE1
GARY POSTMATRUSTEE1
IAN MCLEODTRUSTEE1
JAMES BEEKEMINUTES/AGENDA SECRETARY2
JOHN KOOPMANCORRESPONDENCE SECRETARY1
JONATHON ENGELSMAVICE CHAIRMAN2
KEVIN ASHCHAIRMAN2
PAUL GREENDYKTREASURER1
PETER KRANENDONKTRUSTEE1
REV DAVID LIPSYTRUSTEE1
REV ERIC MOERDYKTRUSTEE1
ADRIAAN NEELEPRESIDENT40$144,186
KEVIN WALKOTTENCFO40
DANIEL TIMMEREMPLOYEE40$142,757
JONATHON BEEKEEMPLOYEE40$129,262
MICHAEL BARRETTEMPLOYEE40$112,757
STEPHEN MYERSEMPLOYEE40$121,254
ZACHARY ASHEMPLOYEE40$125,366

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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