PeerBasis
Education · MN

Free Lutheran Theological Seminary

Free Lutheran Theological Seminary reported paying Wade Mobley, President, $130,059 in total compensation (FY 2024).

That places Wade Mobley at approximately the 24th percentile among 33 similarly sized education nonprofits (median $195,307).

$5,951,732Total revenue (FY 2024)
$130,059Total executive compensation
24thPercentile vs. peers

Setting executive pay for this board?

Generate a board-ready comparability report for Free Lutheran Theological Seminary — named comparables, percentiles, methodology, and the 26 CFR 53.4958-6 minutes language to establish the rebuttable presumption.

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Comparable education nonprofits

Compensation is normalized to MN cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.

OrganizationStateRevenueTotal comp
The Harry S Truman Library Institute MO$5,770,708 $431,754
High School For Recording Arts MN$5,737,096 $63,988
Ld Pankey Dental Foundation Inc FL$5,549,577 $162,680
Phoenix Seminary Inc AZ$6,515,486 $199,473
Grace School Of Theology TX$6,555,458 $266,048
Methodist Theological School In Ohio OH$6,571,541 $233,185
Massachusetts School Of Law At Andover Inc MA$6,608,258 $237,881
Greenville Presbyterian Seminary Seminary SC$5,239,788 $191,028

View original IRS filings on ProPublica →