2013-11-12T11:29:32-08:00 2013-06-30 990 2012-07-01 362167792 The Moody Bible Institute of Chicago MOOD 3123294000 820 N LaSalle Blvd Chicago IL 60610 Elizabeth A S Brown 2013-11-12 2012 2016-02-24 21:20:13Z J Paul Nyquist 820 N LaSalle Blvd Chicago IL 60610 140547656 false false X www.moodyministries.net X 1887 IL Moody Bible Institute is a higher education and media ministry that exists to equip people with the truth of God's Word to be maturing followers of Christ who are making disciples around the world. Moody is best known for its education branch, which includes a fully-accredited undergraduate school and seminary, as well as distance learning. Other primary ministries include Moody Radio and Moody Publishers. 13 12 2156 20 48050 48842156 45065851 52720863 55325196 1439435 7523570 921220 794215 103923674 108708832 1538140 1981885 0 53277455 58677723 859728 911917 8920359 39783137 41595454 95458460 103166979 8465214 5541853 353659621 361800455 233820090 230334329 119839531 131466126 X Moody Bible Institute is a higher education and media ministry that exists to equip people with the truth of God's Word to be maturing followers of Christ who are making disciples around the world. Moody is best known for its education branch, which includes a fully-accredited undergraduate school and seminary, as well as distance learning. Other primary ministries include Moody Radio and Moody Publishers. false false 52020002 1973248 28206414 Education:Through our undergraduate and graduate schools, and the distance learning center resources, we educate and train individuals to proclaim the gospel of Jesus Christ, to promote evangelism and to serve the evangelical Christian church vocationally and/or avocationally in its worldwide ministry.Number of Students (2012-2013 school year): Undergraduate School 3,020 Graduate School 586Forty-eight states and fifty-two countries are represented in the undergraduate and graduate school. International students are 6.0% of the total.Undergraduate degrees (A.B.S., B.A., B.Mus., B.S. MAT, and B.S.) are offered in various majors including: Bible, Communications, Educational Ministries, Sports Ministry, Missionary Aviation and Technology, Pastoral Studies, Sacred Music, Theology, World Missions and Evangelism, Ministry Leadership.Graduate degree programs include Master of Divinity (MDiv), Master of Arts in Biblical Studies (MABS), Master of Arts in Intercultural Studies/Urban (MAIS/US), Master of Arts in Spiritual Formation/Discipleship (MASF/D), Graduate Certificate (GSC), Master of Arts in Counseling Psychology, Master of Theological Studies, Master of Arts in Christian Education, Master of Arts in Pastoral Ministry, Master of Arts in Ministry Leadership (MAML), Master of Arts in Applied Biblical Studies (MAABS).Distance Learning resources include On-line undergraduate and graduate courses, correspondence courses, extension classrooms, and AM Bible software. 17730908 18921219 Publishing:The vision of Moody Publishers (MP) is to help our readers know, love and serve Jesus Christ. The mission of MP is to provide high-quality, thought provoking books and products that connect truth to life's real needs and challenges. In doing so, MP provides resources for MBI to train future Christian leaders.Each year MP seeks to add approximately eighty new titles to its collection, which now includes more than 1,300 titles in print.This year's most successful publications come from long-time MP authors Gary Chapman, Nancy Leigh DeMoss and John MacArthur. Gary Chapman is the author of the #1 New York Times Bestseller "The Five Love Languages" with over 8.5 million copies sold. Nancy Leigh DeMoss is the host and teacher for Revive our Hearts. John MacArthur is pastor-teacher of Grace Community Church in California. 16632510 4231705 Broadcasting:Through the operation of 36 noncommercial Christian radio stations across the United States, Moody Radio broadcasts Christ centered radio programming of Bible messages, inspirational music, newscasts, current events, and special features. Moody Radio is also a major producer of original Christian programming content, which is carried by over 1000 radio outlets around the country. Moody Radio also programs multiple unique internet streams, along with providing programming via new smart-phone technology.Signature Moody Radio programming includes Today in the Word, Moody Presents, Midday Connection, Chris Fabry Live!, In the Market with Janet Parshall, Music Thru the Night, Open Line, Sunday Praise, Up for Debate, Law Talk Live, Building Relationships with Dr. Gary Chapman, and The Land and the Book with Charlie Dyer. Special broadcasts throughout the year include MBI's Founder's Week, Pastor's Conference, as well as broadcasts of Moody's Music Department's concerts like Candlelight Carols and The Messiah. Additional services and programming are made available at www.moodyradio.org 3574694 8637 3965858 89958114 true true false false false true false false false true true false false true true true false true false false false false false true false false false false true true false false false false false false true false false false false true false false false false true true true false false true 9447 0 true 2156 true true false false false false false true 1 false false false false false false false false false false X 13 12 false false true false false false false true true false false true true true true true true true true false MD IN IL X X Ken Heulitt 3123294000 820 N LaSalle Blvd Chicago IL 60610 Manuel J Gutierrez 2.00 0.13 X 0 0 0 Julianna Slattery 2.00 0.13 X 0 0 0 Richard E Warren 2.00 0.13 X 0 0 0 J Paul Nyquist 38.50 0.25 X X 270362 0 36804 Christopher Denison 2.00 0.13 X 0 0 0 Richard Yook 2.00 0.13 X 0 0 0 Randy Fairfax 2.00 0.13 X 0 0 0 Mark A Wagner 2.00 0.13 X 0 0 0 David Schipper 2.00 0.13 X 0 0 0 Thomas Fortson 2.50 0.13 X X 0 0 0 Paul VonTobel III 2.50 0.13 X X 0 0 0 Bervin Peterson 2.50 0.13 X X 0 0 0 Jerry B Jenkins 2.50 0.13 X X 0 0 0 James G Spencer 38.75 0.00 X 73249 0 23327 Steven A Mogck 37.75 1.00 X 182016 0 23706 John A Jelinek 28.75 10.00 X 88351 0 20128 Thomas A Shaw 37.75 1.00 X 98207 0 23241 Greg Thornton 38.75 0.00 X 143285 0 34411 Frank W Leber 38.75 0.00 X 109026 0 19775 James G Elliott 38.75 0.00 X 116948 0 25118 Lloyd R Dodson 38.75 0.00 X 153460 0 29441 Larry J Davidhizar 38.75 0.00 X 93342 0 18644 Kenneth D Heulitt 38.25 0.50 X 173113 0 15951 Elizabeth A S Brown 38.75 0.00 X 157067 0 27926 Junias V Venugopal 36.75 2.00 X 172232 0 35110 Christine K Gorz 38.75 0.00 X 85770 0 18271 Collin G Lambert 38.75 0.00 X 115092 0 24634 William D Thrasher 38.75 0.00 X 107953 0 23819 Douglas W Hastings 38.75 0.00 X 111240 0 23905 Linda M Wahr 38.75 0.00 X 105399 0 13688 Bruce A Everhart 38.75 0.00 X 102690 0 22015 2458802 459914 18 false true false Oracle America PO Box 203448 Dallas TX 75320 Software Support 532442 KMA Direct Communication 5151 Belt Line Rd Suite 900 Dallas TX 75254 Consultant Fdraising 2254163 Integra Color 3210 Innovative Way Mesquite TX 75149 Printing / Publishng 384866 Ingenooity Inc 25657 South Kensington Lane Monee IL 60449 Website development 550355 Clark Roofing 2700 W Cermak Road Broadview IL 60155 Roofing 654938 19 45065851 487493 45065851 Tuition and Student Fees 900099 17146581 17146581 Sales of Literature 900099 18859213 18859213 Other-Public Service 900099 7329788 7329788 Auxilliary Services 900099 11989614 11989614 55325196 2775403 215 2775188 0 0 1453976 47835 707596 746380 47835 794215 47835 746380 35757919 121476 31016452 114776 4741467 6700 4748167 4748167 0 0 0 0 108708832 55325196 48050 8269735 0 1981885 1981885 0 0 2552116 1680500 683420 188196 0 41010062 36889768 1614475 2505819 4819722 4273138 226664 319920 7527047 6639492 382859 504696 2768776 2437495 145036 186245 0 205957 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Actuarial Reserve 44822084 Accrued Pens. & Postretirement Health Be 45367182 220252934 X 105007891 -4151761 -4151761 109159652 256776 -707596 -450820 108708832 105129068 2325559 2325559 102803509 256776 106694 363470 103166979 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Change in Estim. Asset Retirement Oblig $106694 Part XII, Line 2d Part XII, Line 2d: Other expenses and losses per audited F/S Rental expense $707596 Michigan Theological Seminary Expense $1617963 Part X Part X : FIN48 Footnote The Institute follows guidance issued by the FASB with respect to accounting for uncertainty in income taxes. A tax position is recognized as a benefit only if it is more likely than notthat the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more likely than not test, no tax benefit is recorded.The Institute recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The Institute has no amounts accrued for interest or penalties as of June 30,2013 or 2012.Due to its tax-exempt status, the Institute is not subject to U.S. federal income tax or state income tax. The Institute is no longer subject to examination by U.S. federal or state taxing authorities for the fiscal years before June 30, 2010. The Institute does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. Permanently restricted endowment has been given for basically three purposes: Operating expenses of the Institute including maintenance of certain buildings, Scholarships for students, and endowed faculty chair. X X X X X X X true DonorCare 4535 Strausser N Canton OH 44720 Phone false 105223 75768 29455 Douglas Shaw 1717 Park St Naperville IL 60563 Consulting false 177856 85500 92356 Timothy Group 1663 Sutherland Grandrapid MI 49508 Consulting false 1416292 90000 1326292 KMA Direct Comm 7160 Dallas Pky Plano TX 75024 Direct mail false 10620355 660649 9959706 12319726 911917 11407809 KY WY WI WV WA VA VT UT TX TN SD SC RI PA OR OK OH ND NC NY NM NJ NH NV NE MT MO MS MN MI MA MD ME LA KS IA IN IL ID HI GA FL DC DE CT CO CA AR AZ AK AL true 0 0 Scholarships to students 779 1981885 Grantmaker's Description of How Grants are Used Scholarships are granted to deserving students based on the terms of the grant establishing the particular scholarship fund. For example, some scholarships are available only to students in the Missions Department, or Music majors, etc., while some scholarships funds can be given to any student who can show a need.Scholarships and grants are placed on student receivable accounts except in a few exceptional cases. If there is a credit balance left on the student account no amounts are refunded until any unused scholarships or grants are reversed. X X true true X X X false false false false false false false false false false Steven A Mogck 182016 23706 205722 Lloyd R Dodson 153460 11263 18178 182901 Kenneth D Heulitt 173113 12492 3459 189064 Junias V Venugopal 118232 54000 12694 22416 207342 J Paul Nyquist 188762 81600 19588 17216 307166 Greg Thornton 143285 11208 23203 177696 Elizabeth A S Brown 157067 11500 16426 184993 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. Housing Allowance is included on the individuals W-2 in box 5 Medicare wages and tips since it is Federal tax exempt under Sec 107. Only ordained ministers receive the housing allowance.J. Paul Nyquist has housing allowance which is Federal, State, and FICA exempt as he completed form 4361 Application for Exemption from self-employment tax for use by ministers and he was approved for exemption from self-employment tax on ministerial earnings (Sec 1042(e)).The Institute has covered some spousal travel for officers to donor events. The Institute has requested that President J. Paul Nyquist's wife travel with him. The travel is considered non-taxable to specific functions where the spouse would be expected and/or required to attend. J Paul Nyquist See stmt X 500000 false true true Loans to OfficersTo assist the president in obtaining a home adjacent to the Institute, the trustees approved a loan from the Institute in the amount of $500,000. This note has a rate of 4.0% per annum and is held as part of the Institute notes in the Operating fund. The president is currently paying interest only. 54 461264 Quoted Prices Misc. 12 26229 Misc. false true false Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Rounding = $1 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Change in value of split interest agreements = $683841 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Change in value of postretirement health = $575457 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Change in value of Pension Plan = $4525229 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Audited Financial Statements and 990s and 990Ts are available on our website as well as through the mail by request. We also make available upon request our By-laws and Conflict of Interest Policy. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees See note under compensation for CEO and top executives. Form 990, Part VI, Line 15a Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Several years prior, consultants were used to establish benchmarks for officer salary levels. Since 2009 Moody has annually reviewed the 990 salary information of comparable institutions to set benchmarks for this purpose. Information is accessed for the following positions: President, COO, CFO, Chief Educational Officer and Chief Development Officer. We typically look at 7-10 higher education institutions, some of which are competitors to Moody. We choose institutions of comparable mission and size (based upon total expenses). We look at 3-4 parachurch organizations (of generally comparable size) as well. This data is used as a salary administration benchmark. To increase its applicability, the data is adjusted for cost of living differences (based upon the location of the other institutions) in relation to the cost of living in the greater Chicago area.Following this analysis, which is provided for review by the Compensation Committee of the Board in the spring of each calendar year, the President's salary increase recommendations are based upon Institute salary guidelines for the fiscal year(which reflect trends in national average salary increases) and upon job performance. The Compensation Committee can either approve or disapprove the President's recommendations. Increases for officers and other key employees are scheduled for October of each year, so that the financial condition and performance of the institution at the close of the prior fiscal year can be taken into account.The President's salary increase is scheduled at the same time and is set by the Board (in the context of the data provided and the current fiscal year salary guidelines for the Institute). Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts All officers, trustees and key employees complete a conflict of interest questionnaire each year. These questionnaires are reviewed by our General Counsel and action is taken if conflicts need to be resolved. We would take steps to make sure any transaction where there are potential conflicts are at arm's length and the affected officers, trustees, and key employees are not involved in the decision making process. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process The 990 and 990T are reviewed by the Audit Committee of the Board of Trustees. The Audit Committee reports to the board its findings. The entire board is also presented with a copy. This happens prior to the return being filed with the IRS. Form 990, Part VI, Line 4 Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents Changes were made to the By-laws at the May 2013 meeting of the Board of Trustees covering the following areas:Increasing the number of Trustees to between 10-15.Adding a provision regarding proper notice of Trustee meetings.Adding a section to make it clear on the means by which the Board can act. Form 990, Part III, Line 4d Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: Other Programs include our Conference Ministries and various programs that support our mission. Michigan Theological Seminary 41550 E Ann Arbor Trail Plymouth MI 48170 382812695 Seminary and graduate school MI 501(c)3 2 The Moody Bible Institute of Chicago true false false false true false false false false false false false false false false true false false false false Michigan Theological Seminary o 158263 Service Charges Michigan Theological Seminary d 831986 Due to/Due From Related Organization Michigan Theological Seminary was acquired for zero dollars by The Moody Bible Institute as of January 1, 2010.