Evangelical Theological Society

“The Evangelical Theological Society is a membership organization for Biblical scholars, pastors, and students. Society members pay dues to the organization and must subscribe annually to the doctrinal basis of the Society. Full members must have earned a Ph.D., Th.M or other doctorate related to biblical or theological studies. In exceptional cases, a member may meet an exception to the degree requirement based upon significant contribution to the realm of theology. Associate members must have the recommendation of a current full member and student members (non-voting) must apply and be approved by the Executive Director for their initial application.”

“Members of the organization reserve the right to elect the organization's board members.”

“Membership meetings are held annually and 5% of all eligible voting members is treated as a quorum to conduct various business at each annual meeting. Members of the organization reserve the right to elect the organization's Vice President each year. Members must also approve changes to the governing documents.”

“The Form 990 is prepared by an independent CPA firm and reviewed in detail by top management. The reviewed Form 990 is provided to the full Board prior to filing with the IRS.”

“Board members and officers complete conflict of interest disclosure statements on an annual basis. Statements are reviewed by the Executive Director. If a Board member or officer has a conflict of interest with a decision at hand, they would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“The Board sets the compensation for the Executive Director. Comparability data is used, and the approval process is documented in the minutes.”

“The President and President-Elect are offered stipends in exchange for some of the duties assigned to their positions including such responsibilities as planning the program for the annual conference, chairing meetings and giving the Presidential address at the conference. The Secretary also provides editorial services and was provided a stipend for those services to the organization. The stipends were approved by the independent members of the Board when they were first implemented and have not been increased since that time. The stipends were based upon approximate value of contract services for academicians and administrators. They are part of the annual budget approved by the independent members of the Board.”

“The organization makes its governing documents available on its website. Its conflict of interest policy and financial statements are available upon request.”

“Misc Income - Total Revenue: 375, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 375;”