Master's College and Seminary
Publicly funded institution · Mississauga, Ontario · BN 101546588RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-05-31. Split of total expenditures ($3,513,538) as filed with the CRA.
Master's College and Seminary is a charitable organization based in Mississauga, Ontario, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending May 31, 2024, it reported $3.3M in revenue and $3.5M in expenditures.
Its funding that year was roughly 9% from donations, 40% from other charities. In 2024, 78 other registered charities reported granting it a combined $1.1M.
Compared with 1,247 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 61% of peers. Its highest-paid positions fell in the $80,000–119,999 range (4 positions in that band). The charity reported 15 permanent full-time positions.
Its filed list of directors and trustees shows 12 names.
In its own words
Master's college and seminary (mcs) mission is to create a learning community that provides programs and services to equip pentecostal leaders and pastors for christian ministry in canada and worldwide. Mcs is affiliated with the maritime district. Quebec district eastern ontario district and western ontario district of the pentecostal assemblies of canada.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.3M | $3.5M | $3.2M | $56K | — | $779K |
| 2023 | $3.3M | $3.9M | $3.6M | $28K | — | $1M |
| 2022 | $4.3M | $3.9M | $3.5M | $2,065 | — | $1.7M |
| 2021 | $4.7M | $3.5M | — | — | — | $1.3M |
| 2020 | $4M | $4M | — | — | — | $47K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $1.1M from 78 charities:
- Western Ontario District of the Pentecostal Assemblies of Canada$490K
- The Eastern Ontario District of the Pentecostal Assemblies of Canada$323K
- Glad Tidings Pentecostal Church$56K
- Woodvale Pentecostal Church$26K
- Canadahelps Canadon$25K
- Canadahelps Canadon$25K
- Waterloo Pentecostal Assembly$18K
- Portico Community Church$12K
- Bethel Pentecostal Church of Ottawa$9,000
- Glad Tidings Church (sudbury)$8,875
- Global Kingdom Ministries Church Inc.$8,500
- OneChurch.to$8,094
- Parkview Church$6,500
- The Stone Church Pentecostal Assembly$6,000
- Teen Haven Foundation/fondation Havre Jeunesse$5,000
- The Harbour$5,000
- The Pembroke Pentecostal Tabernacle$5,000
- Cedarview Church Paris$4,924
- Bethel Gospel Tabernacle (hamilton) Incorporated$4,800
- Evangel Community Church$4,500
- Parkwood Gospel Church of Windsor$4,400
- North City Church$4,150
- Central Pentecostal Church Centre Wellington$4,020
- Community Pentecostal Church of Ottawa$4,000
- Stouffville Pentecostal Church$3,700
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9994 positions
- $40,000–79,9996 positions
- Permanent full-time positions15
- Total compensation, all staff$1.7M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Jeromey Martini (mcs president); Tim Woodcock (director wod); Mark Scarr (director eod); Godfrey Adderley (director eod); Samuel Alagurajah (director eod); Jason Small (executive comm. wod(chai); Jason Luscombe (executive comm. eod (vc)); Rick Carrol (director wod); Michel Bisaillon (director qc); Kevin Johnson (ex officio member); David Wells (ex pfficio member); Judy Hearn (treasurer. executive com).
As listed on its 2024 return.
Check the source
Every figure on this page is from Master's College and Seminary’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 101546588RR0001), or read how we compute the receipt.