2012-11-09T06:39:57-08:00 2012-06-30 990 2011-07-01 362167792 The Moody Bible Institute of Chicago MOOD 3123294000 820 N LaSalle Blvd Chicago IL 60610 Kenneth D Heulitt 2012-11-09 2011 2016-02-24 21:20:13Z J Paul Nyquist 820 N LaSalle Blvd Chicago IL 60610 136736479 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. 10 9 2029 20 33109 39010542 48842156 51799231 52720863 3446337 1439435 507408 921220 94763518 103923674 1306489 1538140 0 53412014 53277455 662940 859728 8504460 37482604 39783137 92864047 95458460 1899471 8465214 344172933 353659621 220668454 233820090 123504479 119839531 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 45614116 1538140 27642055 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 (2011-2012 school year): Undergraduate School 2,946 Graduate School 584Forty-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 Ministry (MMin), 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.Distance Learning resources include On-line undergraduate and graduate courses, correspondence courses, extension classrooms, and AM Bible software. 17399203 18168313 Publishing:The vision of Moody Publishers (MP) is to help our readers know, love and serve Jesus Christ. The mission of MP is to evangelize, educate, and equip individuals by publishing conservative evangelical Christian literature and other media for all ages around the world. In doing so, MP provides resources for MBI to train future Christian leaders.Each year MP seeks to add approximately Seventy new titles to its collection, which now includes more than one thousand 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 7 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. 15111985 3996259 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, Sound of Majesty, Sunday Praise, 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 5557255 2914236 83682559 true true false false false true false false false true true false false true true true false true true 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 9419 0 true 2029 true true true false false false false false false true true false 0 false false false false false false false false false false false X 10 9 false false false false false false false true true false false false true true true true true true true true false false MD IN IL X X Ken Heulitt 3123294000 820 N LaSalle Blvd Chicago IL 60610 X J Paul Nyquist 38.75 X X 264997 0 41661 Christopher Denison 2.00 X 0 0 0 Richard Yook 2.00 X 0 0 0 Randy Fairfax 2.00 X 0 0 0 Mark A Wagner 2.00 X 0 0 0 David Schipper 2.00 X 0 0 0 Thomas Fortson 2.50 X X 0 0 0 Paul VonTobel III 2.50 X X 0 0 0 Bervin Peterson 2.50 X X 0 0 0 Jerry B Jenkins 2.50 X X 0 0 0 William W Blocker 38.75 X 86379 0 20119 John A Jelinek 38.75 X 87923 0 20160 Thomas A Shaw 38.75 X 94528 0 25148 Greg Thornton 38.75 X 119265 0 27511 Frank W Leber 38.75 X 105576 0 20618 James G Elliott 38.75 X 0 0 0 Lloyd R Dodson 38.75 X 147090 0 30709 Larry J Davidhizar 38.75 X 89793 0 16042 Kenneth D Heulitt 38.75 X 168403 0 15191 Elizabeth A S Brown 38.75 X 89793 0 17884 Junias V Venugopal 38.75 X 163069 0 38360 Christine K Gorz 38.75 X 81705 0 19213 Collin G Lambert 38.75 X 109392 0 26006 William D Thrasher 38.75 X 103482 0 26163 Douglas W Hastings 38.75 X 106238 0 20665 Linda M Wahr 38.75 X 101859 0 13894 Stephen A Oakley 39.00 X 120044 0 19510 Edward W Cannon 39.00 X 185205 0 733 2224741 399587 12 true true false Oracle America PO Box 203448 Dallas TX 75320 Software Support 366944 KMA Direct Communication 5151 Belt Line Rd Suite 900 Dallas TX 75254 Consultant Fdraising 2389489 Integra Color 3210 Innovative Way Mesquite TX 75149 Printing / Publishng 387928 Ingenooity Inc 25657 South Kensington Lane Monee IL 60449 Website development 299819 Great Lake Elevator Service 1480 Renaissance Drive S 203 Park Ridge IL 60068 Elevator Service 315291 20 48842156 229905 48842156 Tuition and Student Fees 900099 16020494 16020494 Sales of Literature 900099 18088848 18088848 Other-Public Service 900099 6989960 6989960 Auxilliary Services 900099 11621561 11621561 52720863 3436243 3436243 0 0 1484864 33109 596753 888111 33109 921220 33109 888111 29988669 230575 32196308 19744 -2207639 210831 -1996808 -1996808 0 0 0 0 103923674 52720863 33109 2327546 0 1538140 1538140 0 0 2087188 1543636 464802 78750 123800 123800 37715651 34663033 1035841 2016777 4747615 4338539 153857 255219 6069124 5534723 212596 321805 2534077 2308064 92534 133479 0 292742 194824 90249 7669 163455 163455 0 859728 859728 292805 292805 34090 34090 4509730 3671342 125052 713336 3862575 3175307 138785 548483 1278875 1128798 84533 65544 3514851 3514851 3988574 3766693 195221 26660 1899120 859021 92061 948038 0 205603 190643 14960 0 0 5325386 5146683 87239 91464 490401 415410 13456 61535 Student Dining 1550100 1550100 Other Outside Services 2765260 2460183 181568 123509 Other Fundraising Expense 1746972 1746972 Miscellaneous Expense 1518605 926538 121854 470214 Cost of Sales 4160765 4156419 4346 2183228 2148917 3378 30932 95458460 83682559 3271441 8504460 X 1523821 1205880 136129 181812 2913238 2645018 4772009 6176996 6579405 7289627 5198329 5541944 0 0 927806 713789 4836720 4355098 2182850 2120757 150297034 96442933 54436479 53854101 91532246 97083734 0 0 8787831 8341313 162006020 165537244 344172933 353659621 8957106 8892733 211711348 224927357 220668454 233820090 X 49362926 34779842 44589077 52654846 29552476 32404843 123504479 119839531 344172933 353659621 X 8465214 -12130162 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4 55700 14166 392405 true true 52361693 2753932 -926169 684121 703288 52802047 42716952 3827990 6329926 453805 59370 52361693 39014497 349892 4589771 282421 954787 42716952 0.32000 0.61000 0.07000 false false false 14394622 14394622 111023268 78533369 32489899 970578 275506 695072 13837464 12008031 1829433 10071102 5626027 4445075 53854101 Trust Holdings 160957640 Other 343707 Investments other 2442165 Investments in land and buildings 1793732 165537244 Trust Obligations 127726776 Other 158095 Annuity Contract Actuarial Reserve 46101746 Accrued Pens. & Postretirement Health Be 50940740 224927357 103923674 95458460 8465214 -223973 -11906189 -12130162 -3664948 107020748 2740245 2740245 104280503 239924 -596753 -356829 103923674 97281267 2163149 2163149 95118118 239924 100418 340342 95458460 Part X Part X : FIN48 Footnote Income Taxes: The Institute has received a determination letter from the Internal Revenue Service indicating that the Institute has been recognized as tax-exempt pursuant to Section 501(c)(3) of the Internal Revenue Code and, except for taxes pertaining to unrelated business income, is exempt from federal and state income taxes. No provision has been made for income taxes in the accompanying financial statements, as the Institute has had no significant unrelated business income.The Institute adopted guidance issued by the FASB with respect to accounting for uncertainty in income taxes as of July 1, 2009. A tax position is recognized as a benefit only if it is "more likely than not" that 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 adoption had no effect on the Institute's financial statements. 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, 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 years before June 30, 2009. The Institute does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Part XIII, Line 4b Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S Asset Retirement Obligation $100418 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S Rental expense $596753 Michigan Theological Seminary Expense $1566396 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 Endowment Gifts $-2832055 Michigan Theological Seminary Income $1455366 Operating Investment Inc vs. Non - Oper $4116934 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Change in value of postretirement health $2261479 Change in Value of Pension Obligation $ -13524510 Change in value of split interest agreements $ -643158 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. Permanently restricted endowment has been given for basically two purposes: Operating expenses of the Institute including maintenance of certain buildings, and Scholarships for students. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Racial discrimination policy is printed in the school catalog. Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency MBI receives Federal funds in the form of Pell, Work Study and Supplemental Educational Opportunity Grants,and the Veterans Administration. X X X X X X X true Douglas Shaw 1717 Park St Naperville IL 60563 Consulting false 2092288 56350 2035938 Timothy Group 1663 Sutherland Grand Rapi MI 49508 Consulting false 3787972 82500 3705472 DonorCare 4535 Strausser N Canton OH 44720 Phone false 319277 106510 212767 KMA Direct Comm 7160 Dallas Pky Plano TX 75024 Direct mail false 10615840 614368 10001472 16815377 859728 15955649 WA WY WI WV 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 KY KS IA IN IL ID HI GA FL DC DE CT CO CA AR AZ AK AL true X 0 0 Scholarships to students 613 1538140 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. X X true true X X X X true false false false false false false false false false Stephen A Oakley 120044 6302 13208 139554 Lloyd R Dodson 147090 11040 19669 177799 Kenneth D Heulitt 168403 12129 3062 183594 Junias V Venugopal 133069 30000 12229 26131 201429 J Paul Nyquist 183397 81600 19018 22643 306658 Edward W Cannon 30950 154255 733 185938 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. Only ordained ministers receive the housing allowance.J. Paul Nyquist has housing allowance which is Federal, State, and FICA exempt as he requested to be exempted from paying self-employment tax on his earnings under section 1402(e) of the IRC.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. This is not considered taxable compensation.Severance was paid out on the following officer:Edward W Cannon $154,255.00 Junias Venugopal Bridge Loan X 20000 false false true J Paul Nyquist To obtain a home 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.A bridge loan was made to the Provost until his former home sells. 48 216764 Quoted prices Miscellaneous 11 13141 Misc false true false 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 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. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: 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 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 true false false false false Michigan Theological Seminary n 96528 Service Charges Michigan Theological Seminary d 349582 Due to/Due From Related Organization Michigan Theological Seminary was acquired for zero dollars by The Moody Bible Institute as of January 1, 2010.