2011-11-09T12:42:52-08:00 2011-06-30 990 2010-07-01 362167792 The Moody Bible Institute of Chicago MOOD 3123294000 820 N LaSalle Blvd Chicago IL 60610 Kenneth D Heulitt 2011-11-09 2010 2016-02-24 21:20:13Z J Paul Nyquist 820 N LaSalle Blvd Chicago IL 60610 119634410 false false X www.moodyministries.net X 1887 IL The Moody Bible Institute exists to equip and motivate people to advance the cause of Christ through ministries that educate, edify and evangelize. We accomplish this mission most effectively through our outreach in education, broadcasting, publishing and conferences. 10 9 1971 20 57980 38434131 39010542 44249234 51799231 2858966 3446337 1557798 507408 87100129 94763518 1308914 1306489 0 53813353 53412014 622147 662940 8164475 36756864 37482604 92501278 92864047 -5401149 1899471 316497719 344172933 218183545 220668454 98314174 123504479 X The Moody Bible Institute exists to equip and motivate people to advance the cause of Christ through ministries that educate, edify and evangelize. We accomplish this mission most effectively through our outreach in education, broadcasting, publishing and conferences. false false 44499249 1292954 26271323 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 (2010-2011 school year): Undergraduate School 2,886 Graduate School 481Forty-seven states and fifty countries are represented in the undergraduate and graduate school. International students now total 6.7% 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 Divinty (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.Distance Learning resources include On-line undergraduate and graduate courses, correspondence courses, regional classrooms, and AM Bible software. 16795235 17575710 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. 15088414 3851512 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, The Land and the Book with Charlie Dyer, and Inside Look with Greg Wheatley. 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 4285960 13535 4100686 80668858 true false 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 8850 0 true 1971 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 William W Blocker 38.75 X 83691 0 19538 William D Thrasher 38.75 X 109653 0 26165 Thomas MacAdam 38.75 X 123170 0 26682 Thomas Fortson 2.50 X X 0 0 0 Thomas A Shaw 38.75 X 93964 0 24936 Stephen A Oakley 38.75 X 154416 0 32592 Richard Yook 2.00 X 0 0 0 Randy Fairfax 2.00 X 0 0 0 Paul VonTobel III 2.50 X X 0 0 0 Mark A Wagner 2.00 X 0 0 0 Lloyd R Dodson 38.75 X 145450 0 29200 Linda M Wahr 38.75 X 100067 0 13895 Larry J Davidhizar 38.75 X 89118 0 15851 Kenneth D Heulitt 38.75 X 165461 0 16591 Junias V Venugopal 38.75 X 84187 0 29760 John A Jelinek 38.75 X 85257 0 19837 Jerry B Jenkins 2.50 X X 0 0 0 J Paul Nyquist 38.75 X X 268873 0 40757 Heidy Hartley 0.00 X 76294 0 0 Greg Thornton 38.75 X 112085 0 26195 Frank W Leber 38.75 X 105301 0 20437 Edward W Cannon 38.75 X 182528 0 28733 Douglas W Hastings 38.75 X 106666 0 20666 David Schipper 2.00 X 0 0 0 Collin G Lambert 38.75 X 92078 0 25386 Christopher Denison 2.00 X 0 0 0 Christine K Gorz 38.75 X 68276 0 18468 Bervin Peterson 2.50 X X 0 0 0 2246535 435689 11 true true false WJ McGuire Co 1825 Holste Road Northbrook IL 60062 Tuckpointing 353554 Salem Radio Network 6400 N Belt Line Rd Ste 210 Irving TX 75063 Broadcasting 247827 KMA Direct Communication 7160 Dallas Parkway Suite 400 Plano TX 75024 Consultant Fdraising 2131402 Integra Color 3210 Innovative Way Dallas TX 75267 Printing / Publishng 356462 Belfor USA 1509 Brook Drive Downers Grive IL 60515 Building Restoration 450261 16 39010542 480039 39010542 Tuition and Student Fees 14000743 14000743 Sales of Literature 17533895 17533895 Other-Public Service 8970662 8970662 Auxilliary Services 11293931 11293931 51799231 3055080 3055080 0 0 1414608 57980 965180 449428 57980 507408 57980 449428 24295869 1100 23889517 16195 406352 -15095 391257 391257 0 0 0 0 94763518 51799231 57980 3895765 0 1306489 1306489 0 0 2246191 1543420 540871 161900 30940 30940 36713200 32931325 1569720 2212155 4286558 3812980 216339 257239 7635400 6743822 378395 513183 2499725 2215259 132737 151729 0 275815 77582 179594 18639 176266 176266 0 662940 662940 261659 261659 33370 33370 3938336 3295245 643091 3547291 2888204 125856 533231 1357631 1191093 90263 76275 3528760 3528760 4128143 3895399 198913 33831 1585597 736842 64633 784122 0 152558 135838 15599 1121 0 0 5278724 4974256 201635 102833 470056 388353 33983 47720 Student Dining 1436263 1436263 Other Outside Services 2067838 1752017 46673 269148 Other Fundraising Expense 1535844 1535844 Miscellaneous Expense 1771647 1574659 55478 141510 Cost of Sales 4082097 4082097 1854709 1832986 3759 17964 92864047 80668858 4030714 8164475 X 1458175 1178099 128310 151766 1421330 2913238 2589016 4772009 5337410 6579405 4860840 5198329 0 0 1181226 927806 4182079 4836720 1948525 2182850 146463380 92026901 56836709 54436479 77635968 91532246 0 0 9259764 8787831 151244852 162006020 316497719 344172933 7395294 8957106 210788251 211711348 218183545 220668454 X 32133308 49362926 37633610 44589077 28547256 29552476 98314174 123504479 316497719 344172933 X 1899471 23290834 X false true true X true true X 4 7196 22669 339744 true true 42716952 3827990 6329926 453805 59370 52361693 39014497 349892 4589771 282421 954787 42716952 45054118 473486 -4682261 548436 1282410 39014497 0.34000 0.56000 0.10000 false false false 14394622 14394622 108949633 75625424 33324209 668780 235275 433505 13494945 11577038 1917907 8955400 4589164 4366236 54436479 Trust Holdings 157557723 Other 349952 Investments other 2304613 Investments in land and buildings 1793732 162006020 Trust Obligations 123997215 Other 295728 Annuity Contract Actuarial Reserve 46762529 Accrued Pens. & Postretirement Health Be 40655876 211711348 94763518 92864047 1899471 10483415 12807419 23290834 25190305 97757541 1661530 577018 2238548 95518993 209707 -965182 -755475 94763518 95011958 2452129 2452129 92559829 209707 94511 304218 92864047 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, 2011.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, 2008. 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 $94511 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S Rental expense $965182 Michigan Theological Seminary Expense $1486947 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 Endowment Gifts $-627146 Michigan Theological Seminary Income $1204164 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Change in value of split interest agreements $5040857 Change in Value of Pension Obligation $7982432 Postretirement Health change in value $ -215870 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 received Pell and ACG grants for the first time in fiscal year 2010-2011. X X X X X true Douglas Shaw 1717 Park St Naperville IL 60563 Consulting false 60349 31344 29005 DonorCare 4535 Strausser N Canton OH 44720 Phone false 62188 83572 KMA Direct Comm 7160 Dallas Pky Plano TX 75024 Direct mail false 11548908 548024 11000884 11671445 662940 11029889 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 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 413 1306489 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 154416 11082 21510 187008 Lloyd R Dodson 145450 10689 18511 174650 Kenneth D Heulitt 165461 11861 4730 182052 J Paul Nyquist 268873 18918 21839 309630 Heidy Hartley 29884 46410 76294 Edward W Cannon 182528 13037 15696 211261 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: Heidy Hartly $46,410 Junias Venugopal Bridge Loan X 20000 20000 false false true J Paul Nyquist To obtain a home X 500000 500000 false true true 520000 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. 39 473176 Quoted prices 5 6863 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 104168 Service Charges Michigan Theological Seminary d 212614 Due from Acct Related Organization Michigan Theological Seminary was acquired for zero dollars by The Moody Bible Institute as of January 1, 2010.