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Nonprofiteer
← MOODY BIBLE INSTITUTE OF CHICAGO

Form 990 for tax year 2024

Filed by MOODY BIBLE INSTITUTE OF CHICAGO.

Totals

Total revenue
$129,574,445
Total expenses
$134,764,263
Contributions and grants received
$61,883,438
Grants paid
$1,983,838
Program service revenue
$54,661,541
Investment income
$13,029,466
Other revenue
$0
Total assets, end of year
$571,805,894
Total liabilities, end of year
$189,517,941
Net assets or fund balances, end of year
$382,287,953
Program services expenses (Part IX)
$112,898,863
Management and general expenses
$7,848,818
Fundraising expenses
$14,016,582
Program service expenses (Part III)
$112,898,863

Program services were 83.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Julianna Slattery

    Trustee, Assistant Secretary

    Total calculated
    $0
    Hours/week
    2.5

  • Mark Flannery

    Vice Chairman

    Total calculated
    $0
    Hours/week
    2.5

  • Mark Jobe

    President & CEO

    Total calculated
    $398,176
    From this org
    $298,235
    From related orgs
    $0
    Other
    $99,941
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $298,235
    Bonus
    $0
    Other
    $0
    Deferred
    $22,498
    Nontaxable benefits
    $77,443
    Filer's total
    $398,176

  • Richard E Warren

    Chairman

    Total calculated
    $0
    Hours/week
    2.5

  • T Randall Fairfax

    Trustees Secretary

    Total calculated
    $0
    Hours/week
    2.5

  • James Meeks

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Karen Melby Suwyn

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Manuel J Gutierrez

    Trustee (Thru 5/2025)

    Total calculated
    $0
    Hours/week
    2

  • Michael Fabarez

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Orbelina Eguizabal Escobar

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Robert J Schuldt

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Robert Seiffert

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Timothy T Bush

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • William L Rogers

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Bruce A Everhart

    VP and Chief Development Officer

    Total calculated
    $189,136
    From this org
    $165,005
    From related orgs
    $0
    Other
    $24,131
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $165,005
    Bonus
    $0
    Other
    $0
    Deferred
    $10,098
    Nontaxable benefits
    $14,033
    Filer's total
    $189,136

  • David Wesley Ward

    VP, Moody Radio

    Total calculated
    $209,772
    From this org
    $166,586
    From related orgs
    $0
    Other
    $43,186
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $166,586
    Bonus
    $0
    Other
    $0
    Deferred
    $12,201
    Nontaxable benefits
    $30,985
    Filer's total
    $209,772

  • Deborah A Zelinski

    VP, Human Resources

    Total calculated
    $201,146
    From this org
    $177,073
    From related orgs
    $0
    Other
    $24,073
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $177,073
    Bonus
    $0
    Other
    $0
    Deferred
    $12,526
    Nontaxable benefits
    $11,547
    Filer's total
    $201,146

  • Greg Thornton

    Chief Financial Officer (Thru 1/20/2025)

    Total calculated
    $245,305
    From this org
    $208,703
    From related orgs
    $0
    Other
    $36,602
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $208,703
    Bonus
    $0
    Other
    $0
    Deferred
    $12,948
    Nontaxable benefits
    $23,654
    Filer's total
    $245,305

  • Hikari Wakimasu

    Treasurer (Thru 09/2024)

    Total calculated
    $97,098
    From this org
    $88,928
    From related orgs
    $0
    Other
    $8,170
    Hours/week
    38.8

  • James G Elliott

    VP, Stewardship

    Total calculated
    $203,024
    From this org
    $168,425
    From related orgs
    $0
    Other
    $34,599
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $168,425
    Bonus
    $0
    Other
    $0
    Deferred
    $12,199
    Nontaxable benefits
    $22,400
    Filer's total
    $203,024

  • Janet A Stiven

    VP, General Counsel and Assistant Secretary

    Total calculated
    $220,566
    From this org
    $195,345
    From related orgs
    $0
    Other
    $25,221
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $195,345
    Bonus
    $0
    Other
    $0
    Deferred
    $13,823
    Nontaxable benefits
    $11,398
    Filer's total
    $220,566

  • John D Sauceda

    Chief Information Officer

    Total calculated
    $183,498
    From this org
    $149,036
    From related orgs
    $0
    Other
    $34,462
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $149,036
    Bonus
    $0
    Other
    $0
    Deferred
    $10,922
    Nontaxable benefits
    $23,540
    Filer's total
    $183,498

  • Magdalena Martensen

    CFO and Treasurer and Assistant Secretary (Begin 1/20/25)

    Total calculated
    $0
    Hours/week
    38.8

  • Mark A Wagner

    Executive VP and Chief Operating Officer (Thru 6/30/2025)

    Total calculated
    $243,127
    From this org
    $242,838
    From related orgs
    $0
    Other
    $289
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $242,838
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $289
    Filer's total
    $243,127

  • Michael A Rydelnik

    VP and Dean, Undergraduate School (Thru 6/30/2025)

    Total calculated
    $173,372
    From this org
    $94,762
    From related orgs
    $0
    Other
    $78,610
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $94,762
    Bonus
    $0
    Other
    $0
    Deferred
    $10,156
    Nontaxable benefits
    $68,454
    Filer's total
    $173,372

  • Randall Payleitner

    VP of Moody Publishers

    Total calculated
    $180,655
    From this org
    $137,552
    From related orgs
    $0
    Other
    $43,103
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $135,935
    Bonus
    $0
    Other
    $1,617
    Deferred
    $10,187
    Nontaxable benefits
    $32,916
    Filer's total
    $180,655

  • Samuel S Choy

    VP, Chief Marketing Officer

    Total calculated
    $217,563
    From this org
    $174,993
    From related orgs
    $0
    Other
    $42,570
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $174,993
    Bonus
    $0
    Other
    $0
    Deferred
    $11,627
    Nontaxable benefits
    $30,943
    Filer's total
    $217,563

  • Timothy Sisk

    Provost and Senior VP, Education

    Total calculated
    $178,585
    From this org
    $153,600
    From related orgs
    $0
    Other
    $24,985
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $153,600
    Bonus
    $0
    Other
    $0
    Deferred
    $10,962
    Nontaxable benefits
    $14,023
    Filer's total
    $178,585

  • William Washington

    VP and Dean of Student Life and Enrollment

    Total calculated
    $194,888
    From this org
    $109,538
    From related orgs
    $0
    Other
    $85,350
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $109,538
    Bonus
    $0
    Other
    $0
    Deferred
    $13,107
    Nontaxable benefits
    $72,243
    Filer's total
    $194,888

  • Winfred O Neely

    VP and Dean, Moody Theological Seminary and Graduate School (Thru 6/30/2025)

    Total calculated
    $157,079
    From this org
    $90,632
    From related orgs
    $0
    Other
    $66,447
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $90,632
    Bonus
    $0
    Other
    $0
    Deferred
    $9,957
    Nontaxable benefits
    $56,490
    Filer's total
    $157,079

  • Douglas J Murphy

    Dean of Operations and Strategic Educational Initiatives

    Total calculated
    $173,582
    From this org
    $134,280
    From related orgs
    $0
    Other
    $39,302
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $134,280
    Bonus
    $0
    Other
    $0
    Deferred
    $9,859
    Nontaxable benefits
    $29,443
    Filer's total
    $173,582

  • Karl J Clauson

    Radio Host

    Total calculated
    $171,078
    From this org
    $132,264
    From related orgs
    $0
    Other
    $38,814
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $132,264
    Bonus
    $0
    Other
    $0
    Deferred
    $9,711
    Nontaxable benefits
    $29,103
    Filer's total
    $171,078

  • Lisa Karlson

    Controller

    Total calculated
    $139,884
    From this org
    $130,463
    From related orgs
    $0
    Other
    $9,421
    Hours/week
    38.8

  • Pepi O Manieson

    IT Services

    Total calculated
    $175,015
    From this org
    $134,703
    From related orgs
    $0
    Other
    $40,312
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $134,703
    Bonus
    $0
    Other
    $0
    Deferred
    $9,927
    Nontaxable benefits
    $30,385
    Filer's total
    $175,015

  • Roy Patterson Jr

    Community Relations Director

    Total calculated
    $151,812
    From this org
    $128,991
    From related orgs
    $0
    Other
    $22,821
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $126,595
    Bonus
    $0
    Other
    $2,396
    Deferred
    $9,092
    Nontaxable benefits
    $13,729
    Filer's total
    $151,812

  • Dwight A Perry

    Senior VP and Dean of Education (thru 6/30/2025), Former Provost

    Total calculated
    $195,084
    From this org
    $76,249
    From related orgs
    $0
    Other
    $118,835
    Hours/week
    38.8

    Schedule J breakdown matched by us

    Base
    $76,249
    Bonus
    $0
    Other
    $0
    Deferred
    $12,569
    Nontaxable benefits
    $106,266
    Filer's total
    $195,084

  • Paul J Santhouse

    Former VP of Moody Publishers (thru 6/30/2024)

    Total calculated
    $164,112
    From this org
    $148,087
    From related orgs
    $0
    Other
    $16,025
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $77,361
    Bonus
    $0
    Other
    $70,726
    Deferred
    $5,798
    Nontaxable benefits
    $10,227
    Filer's total
    $164,112

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Travel for companions
The Institute has covered some spousal travel for officers to donor events. The Institute has requested that the president'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.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use
Housing allowance is paid to certain ordained employees within the Education division. For this Housing Allowance the employee is considered self-employed and is responsible to pay self-employed Social Security and Medicare taxes (SECA) unless they apply for exemption from self-employment tax. The housing allowance appears in non-taxable benefits.
Schedule J, Part I, Line 4a Severance or change-of-control payment
DURING CALENDAR YEAR 2024, PAUL SANTHOUSE RECEIVED SEVERANCE PAYMENTS FROM THE FILING ORGANIZATION TOTALING $66,550. THIS AMOUNT WAS TREATED AS TAXABLE COMPENSATION AND IS INCLUDED IN FORM 990, SCHEDULE J, PART II, COLUMN B(III).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Charitable Unitrusts (134)

    Trust · trusts · IL · 0% owned · share of income $0 · share of assets $0

    Directly controlled by MBI

  • POOLED INCOME FUND (1)

    Trust · TRUSTS · IL · 0% owned · share of income $0 · share of assets $0

    Directly controlled by MBI

Provenance

Return type
form_990
Tax year
2024
Filed
23 April 2026
IRS schema version
2024v5.1
Source object
202631139349301208

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