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Baptist Theological Union Located At Chicago

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$2.87M (2023)

Expenses
$5.02M (2023)

Total Assets
$86.7M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,867,191
Expenses
$5,019,800
Net Income
-$2,152,609
Net Assets
$86,748,564
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $593,377
20.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $504,189
17.6%
Net Fundraising $0
Sales of Assets $1,769,625
61.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $86,748,564
Total Liabilities $0
Net Assets $86,748,564
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
John M Schloerb (Vice President) $0 $0 $0
Larry L Greenfield (President) $0 $0 $0
David C Gregg (Trustee) $0 $0 $0
Gregg W Dwyer (Trustee) $0 $0 $0
Jesse M Brown (Trustee) $0 $0 $0
John R Mills (Trustee) $0 $0 $0
Joseph L Price Ii (Trustee) $0 $0 $0
Marshall E Hatch Sr (Trustee) $0 $0 $0
Phyllis Rp Tessieri (Trustee) $0 $0 $0
Sarah R Jay (Trustee) $0 $0 $0
Susan Bw Johnson (Trustee) $0 $0 $0
Thomas J Litwiler (Trustee) $0 $0 $0
William L Allen (Trustee) $0 $0 $0
Andy Ward (Treasurer) $0 $0 $0
Lori A Berko (Secretary) $0 $0 $0
Maria E Mendoza (Comptroller) $0 $0 $0
Patrick O'hara (Assistant Treasurer) $0 $0 $0
Prakhar Bansal (Assistant Treasurer) $0 $0 $0
Raquel Cosio (Assistant Comptroller) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,788,687
Expenses
$4,613,290
Net Income
$18,175,397
Net Assets
$89,750,980
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $882,626
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $274,197
1.2%
Net Fundraising $0
Sales of Assets $21,631,864
94.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $89,750,980
Total Liabilities $0
Net Assets $89,750,980
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
John M Schloerb (Vice President) $0 $0 $0
Larry L Greenfield (President) $0 $0 $0
David C Gregg (Trustee) $0 $0 $0
Gregg W Dwyer (Trustee) $0 $0 $0
Jesse M Brown (Trustee) $0 $0 $0
John R Mills (Trustee) $0 $0 $0
Joseph L Price Ii (Trustee) $0 $0 $0
Marshall E Hatch Sr (Trustee) $0 $0 $0
Phyllis Rp Tessieri (Trustee) $0 $0 $0
Sarah R Jay (Trustee) $0 $0 $0
Susan Bw Johnson (Trustee) $0 $0 $0
Thomas J Litwiler (Trustee) $0 $0 $0
William L Allen (Trustee) $0 $0 $0
Andy Ward (Treasurer) $0 $0 $0
Lori A Berko (Secretary) $0 $0 $0
Maria E Mendoza (Comptroller) $0 $0 $0
Patrick O'hara (Assistant Treasurer) $0 $0 $0
Raquel Cosio (Assistant Comptroller) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,027,716
Expenses
$4,292,953
Net Income
$734,763
Net Assets
$78,962,007
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,000
0.0%
Program Services $0
Investment Income $504,379
10.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,044,511
20.8%
Net Fundraising $0
Sales of Assets $3,477,826
69.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $79,058,982
Total Liabilities $96,975
Net Assets $78,962,007
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
John M Schloerb (Vice President) $0 $0 $0
Larry L Greenfield (President) $0 $0 $0
David C Gregg (Trustee) $0 $0 $0
Donald W Musser (Trustee) $0 $0 $0
Gregg W Dwyer (Trustee) $0 $0 $0
Jesse M Brown (Trustee) $0 $0 $0
John R Mills (Trustee) $0 $0 $0
Joseph L Price (Trustee) $0 $0 $0
Marshall Elijah Hatch Sr (Trustee) $0 $0 $0
Phyllis Rp Tessieri (Trustee) $0 $0 $0
Sarah Jay (Trustee) $0 $0 $0
Susan Bw Johnson (Trustee) $0 $0 $0
Thomas J Litwiler (Trustee) $0 $0 $0
William J Stapleton (Trustee) $0 $0 $0
William L Allen (Trustee) $0 $0 $0
Zina Jacque (Trustee) $0 $0 $0
Brett Padgett (Assistant Comptroller) $0 $0 $0
Claire L Gaiefsky (Assistant Secretary) $0 $0 $0
John R Kroll (Comptroller) $0 $0 $0
Lori A Berko (Secretary) $0 $0 $0
Maria E Mendoza (Assistant Comptroller) $0 $0 $0
Mark A Schmid (Treasurer) $0 $0 $0
Pat O'hara (Assistant Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,130,432
Expenses
$4,938,156
Net Income
-$2,807,724
Net Assets
$62,254,870
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $522,806
24.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $425,413
20.0%
Net Fundraising $0
Sales of Assets $1,182,213
55.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $62,322,775
Total Liabilities $67,905
Net Assets $62,254,870
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
John M Schloerb (Vice President) $0 $0 $0
Larry L Greenfield (President) $0 $0 $0
Donald W Musser (Trustee) $0 $0 $0
Gregg W Dwyer (Trustee) $0 $0 $0
Jesse M Brown (Trustee) $0 $0 $0
John R Mills (Trustee) $0 $0 $0
Joseph L Price Ii (Trustee) $0 $0 $0
Marshall Elijah Hatch Sr (Trustee) $0 $0 $0
Phyllis Rp Tessieri (Trustee) $0 $0 $0
Susan Bw Johnson (Trustee) $0 $0 $0
Thomas J Litwiler (Trustee) $0 $0 $0
William L Allen (Trustee Elected 10/17/19) $0 $0 $0
Zina Jacque (Trustee) $0 $0 $0
Brett Padgett (Assistant Comptroller 7/1/19 To 4/17/20) $0 $0 $0
Claire L Gaiefsky (Assistant Secretary Appointed 10/17/19) $0 $0 $0
Geertrui Spaepen (Secretary 7/1/19 To 4/17/20) $0 $0 $0
John Kroll (Comptroller) $0 $0 $0
Lori A Berko (Secretary 4/17/20 To 6/30/20) $0 $0 $0
Mark Schmid (Treasurer) $0 $0 $0
Maru Mendoza (Assistant Comptroller 4/17/20 To 6/30/20) $0 $0 $0
Patrick O'hara (Assistant Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,342,614
Expenses
$4,713,006
Net Income
-$370,392
Net Assets
$63,469,848
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $679,941
15.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,532,218
35.3%
Net Fundraising $0
Sales of Assets $2,130,455
49.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $63,687,324
Total Liabilities $217,476
Net Assets $63,469,848

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,112,823
Expenses
$4,683,794
Net Income
$1,429,029
Net Assets
$62,972,034
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,325
0.1%
Program Services $0
Investment Income $522,806
8.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,479,072
40.6%
Net Fundraising $0
Sales of Assets $3,107,620
50.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $63,232,431
Total Liabilities $260,397
Net Assets $62,972,034

Document Links

Fiscal Year Ending July
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,796,599
Expenses
$5,526,734
Net Income
-$1,730,135
Net Assets
$61,321,191
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,275
0.2%
Program Services $0
Investment Income $585,018
15.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,216,451
32.0%
Net Fundraising $0
Sales of Assets $1,986,855
52.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $61,531,385
Total Liabilities $210,194
Net Assets $61,321,191

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,827,431
Expenses
$3,825,490
Net Income
-$998,059
Net Assets
$59,282,401
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,075
0.3%
Program Services $0
Investment Income $536,270
19.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,645,178
58.2%
Net Fundraising $0
Sales of Assets $637,908
22.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,328,950
Total Liabilities $46,549
Net Assets $59,282,401

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,223,329
Expenses
$3,997,115
Net Income
$226,214
Net Assets
$62,693,232
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,450
0.1%
Program Services $0
Investment Income $659,888
15.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,016,661
24.1%
Net Fundraising $0
Sales of Assets $2,543,330
60.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $62,779,124
Total Liabilities $85,892
Net Assets $62,693,232

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,964,826
Expenses
$3,875,703
Net Income
$89,123
Net Assets
$70,652,398
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,875
0.3%
Program Services $0
Investment Income $888,792
22.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,036,663
26.1%
Net Fundraising $0
Sales of Assets $2,028,496
51.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $70,737,266
Total Liabilities $84,868
Net Assets $70,652,398

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,465,137
Expenses
$3,795,705
Net Income
$669,432
Net Assets
$66,886,861
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,475
0.2%
Program Services $0
Investment Income $805,326
18.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,022,762
22.9%
Net Fundraising $0
Sales of Assets $2,629,574
58.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $67,009,642
Total Liabilities $122,781
Net Assets $66,886,861

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,447,199
Expenses
$4,202,554
Net Income
$244,645
Net Assets
$66,314,698
Notable Sources of Revenue Percent of Total Revenue
Contributions $28,900
0.6%
Program Services $0
Investment Income $706,149
15.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,365,554
30.7%
Net Fundraising $0
Sales of Assets $2,346,596
52.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $66,416,383
Total Liabilities $101,685
Net Assets $66,314,698

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,052,996
Expenses
$4,299,802
Net Income
$753,194
Net Assets
$65,756,584
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,500
0.1%
Program Services $0
Investment Income $484,167
9.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,316,704
26.1%
Net Fundraising $0
Sales of Assets $3,247,625
64.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $65,822,699
Total Liabilities $66,115
Net Assets $65,756,584

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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