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Free Lutheran Theological Seminary
EIN 200052373 · MN · NTEE B50 · revenue $5,951,732 · FY 2024-07-31
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26th percentile
We compared this Executive Director / CEO's pay to 23 similar education nonprofits of about the same size, adjusted for MN cost of living and inflation.
Wade Mobley · reported title "President" — selected as the highest-paid individual; verify the role.
How we chose them
Every comparable organization in the band — 23 in total — matched by Same NTEE sector (B50), nationwide + budget 0.71–1.4× revenue, and selected by rule, not hand-picked. Peer pay is normalized to MN cost of living (BEA Regional Price Parities) and to the subject's filing year (CPI-U). Full methodology →
| Organization | State | Revenue | Total comp | Filing |
|---|---|---|---|---|
| The Harry S Truman Library Institute | MO | $5,770,708 | $431,754 | 990 → |
| High School For Recording Arts | MN | $5,737,096 | $63,988 | 990 → |
| Ld Pankey Dental Foundation Inc | FL | $5,549,577 | $162,680 | 990 → |
| Phoenix Seminary Inc | AZ | $6,515,486 | $199,473 | 990 → |
| Grace School Of Theology | TX | $6,555,458 | $266,048 | 990 → |
| 🔒 +18 more comparable organizations — the full peer set, sources, and CSV export are included in your board report. | ||||
Generate the board-ready determination
A formatted PDF with the full 23-organization peer set, the distribution, the methodology, and ready-to-adopt 26 CFR 53.4958-6 board-minutes language — timestamped to attach to your minutes. A screenshot of a webpage isn't board minutes.