2022-02-22T16:02:45-06:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2020-07-01 470378777 CONCORDIA UNIVERSITY CONC 4026437380 800 NORTH COLUMBIA AVENUE SEWARD NE 68434 BERNARD BULL PRESIDENT 4026437380 2022-02-14 1 BERNARD BULL 999009999 DEIRDRE HODGSON P01484710 6123764500 2022-02-14 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CONCORDIA UNIVERSITY NEBRASKA BERNARD BULL 800 NORTH COLUMBIA AVENUE SEWARD NE 68434 85630355 0 1709 X WWW.CUNE.EDU X 1894 NE CONCORDIA UNIVERSITY NEBRASKA'S MISSION IS TO BE AN EXCELLENT ACADEMIC AND CHRIST-CENTERED COMMUNITY EQUIPPING MEN AND WOMEN FOR LIVES OF LEARNING, SERVICE AND LEADERSHIP IN THE CHURCH AND THE WORLD. WE PRIMARILY DO THIS BY PROVIDING VARIOUS UNDERGRADUATE, AND GRADUATE DEGREE PROGRAMS TO STUDENTS IN A CHRIST-CENTERED ENVIRONMENT. 18 17 1029 45 1127 0 17420676 17987610 54096080 63942266 397873 715731 -37711 26637 71876918 82672244 24853584 26672427 0 0 18595835 19724044 0 55000 1514230 17607871 24016016 61057290 70467487 10819628 12204757 154290318 159765719 43827719 26996790 110462599 132768929 CONCORDIA UNIVERSITY NEBRASKA'S MISSION IS TO BE AN EXCELLENT ACADEMIC AND CHRIST-CENTERED COMMUNITY EQUIPPING MEN AND WOMEN FOR LIVES OF LEARNING, SERVICE AND LEADERSHIP IN THE CHURCH AND THE WORLD. 0 0 58548560 26672427 56927501 HIGHER EDUCATION - CONCORDIA UNIVERSITY NEBRASKA PROVIDES A COMPLETE CHRISTIAN LIBERAL ARTS EDUCATION. THESE PROGRAM SERVICE EXPENSES ARE COSTS RELATED TO EDUCATING STUDENTS IN ALL UNIVERSITY PROGRAMS. 4,281 TOTAL STUDENT COUNT; 2490 STUDENTS RECEIVED SCHOLARSHIPS FROM THE $26,666,271 SCHOLARSHIPS AWARDED; 5 ORGANIZATIONS RECEIVED GRANTS FROM THE $6,156 AWARDED. THESE TWO GRANT CATEGORIES COMBINED MAKE UP THE $26,672,427 TOTAL GRANTS AWARDED. 3903329 0 7013638 AUXILIARY SERVICES - THE COST FOR STUDENT ROOM AND BOARD. ON AVERAGE CONCORDIA UNIVERSITY HOUSED 761 STUDENTS AND 920 USED CONCORDIA'S CAMPUS DINING SERVICES FOR A PLAN THAT ALLOWED 80 MEALS PER SEMESTER TO 21 MEALS PER WEEK. MEAL PLANS ALSO INCLUDE DINING DOLLARS THAT MAY SPENT AT THE DINING HALL, 10:31 COFFEE SHOP OR AT THE DOG HOUSE GRILL. 62451889 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 1 1 1 1 1 1 1 0 0 0 1 1 1 0 0 1 4598 0 1 1029 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 18 17 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 KY MD ME MI NH OR SC X DAVID KUMM 4026437380 800 NORTH COLUMBIA AVENUE SEWARD NE 68434 TIMOTHY MOLL REGENT 0.60 0.60 X 0 0 0 JILL JOHNSON REGENT - VICE CHAIR 0.60 0.60 X X 0 0 0 RYAN BURGER REGENT - SECRETARY 0.60 0.60 X X 2000 0 0 STUART BARTRUFF REGENT 0.60 0.60 X 0 0 0 EUGENE GIERKE REGENT 0.60 0.60 X 0 0 0 GAIL HAWKINS REGENT 0.60 0.60 X 0 0 0 RICHARD HUEBNER REGENT 0.60 0.60 X 0 0 0 DENNIS MEYER REGENT - CHAIR 0.60 0.60 X X 0 0 0 ERIK VIESELMEYER REGENT 0.60 0.60 X 0 0 0 KRISTA BARNHOUSE REGENT 0.60 0.60 X 0 0 0 BRAD BIRTELL REGENT 0.60 0.60 X 0 0 0 DICK HELMS REGENT 0.60 0.60 X 0 0 0 RICHARD SNOW REGENT 0.60 0.60 X 0 0 0 JAMES DAVID WOELMER REGENT 0.60 0.60 X 0 0 0 TRUDY MEYER REGENT 0.60 0.60 X 0 0 0 TIMOTHY HUE REGENT 0.60 0.60 X 0 0 0 CRAIG ERNSTMEYER REGENT 0.60 0.60 X 0 0 0 JOHN FRASER REGENT 0.60 0.60 X 0 0 0 RUSSELL SOMMERFELD INTERIM PRESIDENT 65.00 3.00 X 77958 0 75519 DAVID KUMM EX VP, CFO, COO 55.00 0.60 X 163863 0 90881 GARY MCDANIELS VP FOR ENROLLMENT, STUDENT SERVICES 55.00 0.00 X 1426 0 44503 KURTH BRASHEAR INST ADV/GENERAL COUNCEL 55.00 3.00 X 149965 0 59751 D GENE BROOKS VP STUDENT AFFAIRS & ATHLETICS 55.00 0.00 X 100445 0 45232 TIM PREUSS PROVOST 55.00 0.00 X 81474 0 240208 577131 0 556094 3 0 1 0 HOTCHALK INC 1999 S BASCOM AVE STE 600 CAMPBELL CA 950082206 CONSULTING 4092182 COMPASS GROUP USA INC CHARTWELLS FOODSE PO BOX 91337 CHICAGO IL 606931337 FOOD SERVICE 2520536 NOODLE PARTNERS INC 860 BROADWAY FLOOR 6 NEW YORK NY 100031228 CONSULTING 2207253 ARAMARK SERVICES INC 2731 NETWORK PL CHICAGO IL 606931337 FACILITY MANAGEMENT 1918460 WILEY EDUCATIONAL SERVICES 1415 W 22ND ST STE 800 OAK BROOK IL 605232028 CONSULTING 1086721 5 48482 739092 5900815 11299221 853731 17987610 TUITION & FEES 611710 55512103 55512103 AUXILIARY SERVICES 611710 7013638 7013638 OTHER INCOME 611710 1405567 1404440 1127 COLLABORATIVE REVENUE 611710 10958 10958 63942266 123440 123440 3511123 17029 2921376 14485 589747 2544 592291 592291 48887 48482 22250 26637 26637 82672244 63941139 1127 742368 X 6156 6156 26666271 26666271 1038022 464064 375511 198447 14103126 11845147 1588510 669469 1014498 788497 155487 70514 2847290 2377186 355968 114136 721108 579912 107759 33437 5253 2753 2500 60913 60913 55000 55000 332971 332971 12437565 12120064 265402 52099 325481 100587 206837 18057 801737 545086 80046 176605 944706 297344 617990 29372 1384402 1362596 21056 750 557069 537563 7324 12182 126677 97849 18735 10093 671791 445473 226318 3517863 2994223 505650 17990 578569 20838 555931 1800 EQUIPMENT 553473 514024 35228 4221 DUES & PERIODICALS 275788 212169 59027 4592 REPAIRS AND MAINTENCE 113731 70462 42992 277 HOSPITALITY 65607 44550 5907 15150 1262420 361828 873053 27539 70467487 62451889 6501368 1514230 694780 1475713 3480514 3610884 16467459 14435339 5885097 1037948 94560 75838 14240 10459 943612 793221 141715407 56776748 84346634 84938659 31590439 38712737 4663377 7645688 681411 521456 5428195 6507777 154290318 159765719 2748242 2475230 7211496 2801831 16091482 14960181 102054 126745 13479855 3953190 4194590 2679613 43827719 26996790 X 53926618 63918855 56535981 68850074 110462599 132768929 154290318 159765719 X 12204757 9090139 1011434 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 46850 X X 1 0 1 X 51375083 6010383 12995624 2388714 27829 67964547 54034480 1773911 -2091552 2341756 51375083 51938466 2278529 1721016 1903531 54034480 51086658 2043440 2826181 3562711 455102 51938466 44678605 3520173 5148885 1850710 410295 51086658 0.09997 0.18190 0.71813 1 1 1 742512 742512 110978133 36808090 74170043 16699891 12385970 4313921 13294871 7582688 5712183 84938659 DEPOSITS PAYABLE 274361 ASSET RETIRMENT OBLIGATION 287251 REFUNDABLE ADVANCES FEDERAL PERKINS 606298 DUE TO FOUNDATION 1511703 2679613 X PART III, LINE 4: CONCORDIA OWNS THE BARTELS MUSEUM WHICH HAS MORE THAN 75 DISPLAYS OF MINERALS, AGATE, FOSSILS, AND STONES. IN 1983, A DONOR GIFTED A LARGE PORTION OF THEIR COLLECTION TO CONCORDIA, WHERE IT COULD BE ENJOYED BY STUDENTS AND VISITORS. CONCORDIA MAKES THIS AVAILABLE FOR PUBLIC DISPLAY WHICH IS EDUCATIONAL FOR CONCORDIA STUDENTS AND THE PUBLIC. THE BARTELS MUSEUM IS OPEN TO THE PUBLIC AT NO CHARGE. CONCORDIA ALSO OWNS AND OPERATES THE MARXHAUSEN GALLERY WHICH HOUSES PERMANENT ART COLLECTIONS AND IS USED AS AN EXHIBITION LOCATION FOR STUDENTS TO SHARE THEIR SENIOR THESIS EXHIBITIONS AMONG OTHER EXHIBITIONS. THE GALLERY IS OPEN TO THE PUBLIC AT NO CHARGE. ART WORK IS ALSO ON DISPLAY AT JONES NATIONAL BANK IN SEWARD, NE. PART IV, LINE 2B: THE UNIVERSITY HOLDS FUNDS FOR MULITPLE STUDENT ORGANIZATIONS IN CUSTODIAL ACCOUNTS. PART V, LINE 4: OUR ENDOWMENT FUND CONSISTS OF SEVERAL DIFFERENT INTENDED DESIGNATIONS 84.6% IS FOR SCHOLARSHIPS, 9.4% IS FOR INSTITUTIONAL SUPPORT, 4.2% IS FOR INSTRUCTIONAL/ACADEMIC SUPPORT, AND 1.8% IS FOR STUDENT SERVICES. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT CONCORDIA UNIVERSITY, NEBRASKA IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE UNIVERSITY ARE NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT THEY DERIVE INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO THEIR TAX-EXEMPT PURPOSES (UNRELATED TRADE OR BUSINESS ACTIVITIES). THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAXES. THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2021 AND 2020. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CONCORDIA UNIVERSITY POLICY OF RACIAL NONDISCRIMINATION IS PUBLISHED IN "LUTHERAN WITNESS", "REPORTER", LOCAL NEWSPAPER AND THE ADMISSION OFFICE LITERATURE. THE ADMISSION OFFICE LITERATURE IS MADE AVAILABLE TO PROSPECTIVE STUDENTS. SCHEDULE E, PART I, LINE 6 FINANCIAL AID ASSISTANCE IS RECEIVED FROM THE FOLLOWING PROGRAMS: FEDERAL PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, FEDERAL TEACH GRANT, FEDERAL WORK STUDY, FEDERAL DIRECT STUDENT LOANS, FEDERAL PERKINS LOAN, FEDERAL FAMILY EDUCATIONAL LOAN PROGRAMS AND HIGHER EDUCATION EMERGENCY RELIEF FUND. CENTRAL AMERICA & CARIBBEAN 0 0 INVESTMENTS 4127369 CENTRAL AMERICA & CARIBBEAN 0 0 PROGRAM SERVICES EDUCATIONAL SERVICES 3755 EAST ASIA & THE PACIFIC 0 0 PROGRAM SERVICES EDUCATIONAL SERVICES 12448 0 0 0 0 0 0 4143572 0 4143572 0 0 0 1 0 0 PART I, LINE 3: THE FAIR VALUE OF INVESTMENTS HAS BEEN ESTIMATED USING THE NET ASSET VALUE PER SHARE OF THE INVESTMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE EXPENDITURES ARE RECORDED IN THE UNIVERSITY'S ENTERPRISE REPORTING SYSTEM USING THE ACCRUAL METHOD IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. PART III ACCOUNTING METHOD: X X X X X X 1 MEYER PARTNERS LLC 8725 W HIGGINS RD SUITE 530 CHICAGO IL 60631 CONSULTANT ON DIRECT MAIL PROGRAMS 0 506036 55000 451036 506036 55000 451036 KY MD ME MI NH OR SC BULLDOG GOLF CLASSIC 46112 14750 31362 2080 2615 5708 4338 4198 PLUM CREEK ART AUCTION 51257 33732 17525 3311 97369 48482 48887 2080 2615 5708 4338 3311 4198 22250 26637 1 SCHOLARSHIPS 2490 26666271 0 N/A N/A PART I, LINE 2: FINANCIAL AID MONITORS ALL THE SCHOLARSHIPS THAT ARE AWARDED TO THE STUDENTS TO MAKE SURE THEY FALL WITHIN THE REQUIRED GUIDELINES. GRANTS TO DOMESTIC ORGANIZATIONS ARE LIMITED AND GENERALLY DE MINIMIS. GRANTS OF MORE THAN $5000 ARE DOCUMENTED WITH THE RECIPIENT DOMESTIC ORGANIZATION AND THEIR PROPER USE CONFIRMED. X 1 1 X X 0 0 0 0 0 0 0 0 0 TIM PREUSS PROVOST 81474 0 0 0 0 0 112210 0 127998 0 321682 0 0 0 DAVID KUMM EX VP, CFO, COO 163863 0 0 0 0 0 63673 0 27208 0 254744 0 0 0 KURTH BRASHEAR INST ADV/GENERAL COUNCEL 149965 0 0 0 0 0 29886 0 29865 0 209716 0 0 0 RUSSELL SOMMERFELD INTERIM PRESIDENT 77958 0 0 0 0 0 17712 0 57807 0 153477 0 0 0 PART I, LINE 1A RUSSELL SOMMERFELD AND TIMOTHY PREUSS - HOUSING ALLOWANCE - NOT REPORTABLE IN TAXABLE INCOME OF THE EMPLOYEE. SINCE THE INDIVIDUALS ARE MINISTERS, THE AMOUNT OF INCOME IS NOT INCLUDED ON THEIR W-2. RUSSELL SOMMERFELD AND TIMOTHY PREUSS, THESE INDIVIDUALS FOR IRS PURPOSES ARE CONSIDERED SELF-EMPLOYED. A NEBRASKA EDUCATIONAL HEALTH AND SOCIAL SERVICE FINANCE AUTHORITY 521293953 2013-11-15 1689580 LEASE OF EQUIPMENT 0 0 0 B NEBRASKA EDUCATIONAL HEALTH AND SOCIAL SERVICE FINANCE AUTHORITY 521293953 2015-01-22 20045000 REFUND PRIOR ISSUE (05/30/07) 0 0 0 A 536052 1689663 1689663 2015 0 0 1 1 B 6126219 20058400 204272 19854128 2009 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 B 0 0 0 0 0.02000 0.02000 0.04000 1 0 1 A 0 0 0 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 A 0 B 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NEBRASKA EDUCATIONAL HEALTH AND SOCIAL SERVICE FINANCE AUTHORI DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2015 ISSUER NAME: NEBRASKA EDUCATIONAL HEALTH AND SOCIAL SERVICE FINANCE AUTHORI DATE THE REBATE COMPUTATION WAS PERFORMED: 07/15/2021 SCHEDULE K, PART II, LINE 3, BOND 1 THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: NOTE REGARDING THE REBATE COMPUTATIONS. SINCE THE BOND PROCEEDS HAVE BEEN SPENT AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS NECESSARY. TIM PREUS PROVOST HOUSE INTEREST AND DEBT PAYMENTS X 113281 75838 0 1 1 75838 45630 TUITION WAIVER DEPENDENT TUITION WAIVER LYNNE KUMM SPOUSE OF OFFICER 24106 EMPLOYEE SALARY PAYMENT 0 JESSICA BRASHEAR SPOUSE OF OFFICER 19296 EMPLOYEE SALARY PAYMENT 0 MEYER PARTNERS LLC BOARD MEMBER IS PARTNER. 174053 FUNDRAISING CONSULTING SERVICES 0 SCHEDULE L, PART IV ALL TRANSACTIONS WITH INTERESTED PERSONS ARE AT ARM'S LENGTH. REGENT DENNIS MEYER IS A PARTNER IN MEYER PARTNERS, LLC. X 156 37791 MARKET VALUE X 26 741457 AVG OF HIGH AND LOW X PIANO 1 49750 MARKET VALUE X NEW GRAIN 7 17829 MARKET VALUE X COMPUTER EQUIPMENT 1 3985 MARKET VALUE X LIVESTOCK 1 2919 MARKET VALUE 1 0 1 1 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: GIFTS OF GRAIN ARE DELIVERED TO GRAIN COOPERATIVES AND GIFTS OF LIVESTOCK ARE DELIVERED TO LIVESTOCK AUCTIONS WHERE THEY ARE SOLD AT MARKET VALUE. CONCORDIA UNIVERSITY RECEIVED 26 STOCK DONATIONS FROM 18 DONORS, 1 GIFT OF LIVESTOCK FROM 1 DONOR AND 7 GIFTS OF GRAIN FROM 5 DONORS. WORKS OF ART WERE GIVEN TO THE UNIVERSITY TO BENEFIT THE PLUM CREEK FESTIVAL ONLINE AUCTION WHICH PROCESS WERE USED TO SUPPORT FURTHER PROFESSIONAL EDUCATION, 156 PIECES OF ART WERE RECEIVED. FORM 990, PART VI, SECTION A, LINE 1 THE FINANCE COMMITTEE HAS THE AUTHORITY TO APPROVE THE FORM 990 ON BEHALF OF THE FULL BOARD. THERE ARE NO OTHER COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. THE CHAIR OF THE BOARD SHALL APPOINT TO THE COMMITTEE AT LEAST THREE (3) MEMBERS AND SHALL DESIGNATE ONE MEMBER AS THE CHAIR. A MINIMUM OF TWO (2) MEMBERS AND THE CHAIR OF THE COMMITTEE SHALL BE MEMBERS OF THE BOARD. THE PRESIDENT AND CHIEF FINANCIAL OFFICER OF CUNE AND CHAIR OF THE INVESTMENT COMMITTEE SHALL BE NON-VOTING MEMBERS OF THE COMMITTEE. THE BOARD MAY, AT ITS DISCRETION, REMOVE, ADD OR REPLACE A MEMBER OF THE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A FOUR BOARD MEMBERS ARE ELECTED BY THE LUTHERAN CHURCH-MISSOURI SYNOD IN CONVENTION, FOUR BOARD MEMBERS ARE ELECTED BY THE NE DISTRICT OF THE LUTHERAN CHURCH-MISSOURI SYNOD IN CONVENTION, ONE BOARD MEMBER IS APPOINTED BY THE PRESIDENT OF THE LUTHERAN CHURCH-MISSOURI SYNOD, AND THE PRESIDENT OF THE NE DISTRICT OF THE LUTHERAN CHURCH-MISSOURI SYNOD IS A BOARD MEMBER BY VIRTUE OF HOLDING THAT OFFICE. FORM 990, PART VI, SECTION A, LINE 7B AS A POSTSECONDARY EDUCATION INSTITUTION OF THE LUTHERAN CHURCH-MISSOURI SYNOD, THE CONCORDIA UNIVERSITY SYSTEMS BOARD OF HIGHER EDUCATION MAY HAVE FINAL APPROVAL OVER SOME DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD OF REGENTS WILL REVIEW AND REPORT TO THE BOARD. ALL BOARD MEMBERS ARE GIVEN A LINK TO THE 990 ONLINE. SCHEDULE B IS NOT SHARED WITH THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY YEARLY. THE CONFLICT OF INTEREST FORMS ARE SHARED WITH THE UNIVERSITY'S GENERAL COUNSEL FOR REVIEW AND DISCUSSED WITH THE FOUNDATION PRESIDENT AND CHAIR. THE EXECUTIVE COMMITTEE IS INFORMED WHEN THE REVIEW IS COMPLETED WITH ANY CONFLICTS NOTED. ANY MEMBER OR REGENT THAT HAS A PERCEIVED CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST IS ENCOURAGED NOT TO VOTE OR USE THEIR PERSONAL INFLUENCE ON THE MATTER, AND THEY SHOULD NOT BE COUNTED AS PART OF A QUORUM FOR THE MEETING. THE MINUTES OF THE MEETING SHOULD REFLECT THAT A DISCLOSURE WAS MADE, THE ABSTENTION FROM VOTING, AND THE QUORUM SITUATION. EACH REGENT, BOARD OF REGENTS COMMITTEE MEMBERS, AND CABINET OFFICER IS REQUIRED TO REVIEW AND SIGN THE CONFLICT-OF-INTEREST POLICY YEARLY. THE GOVERNANCE COMMITTEE AND CHAIR OF THE BOARD ARE GIVEN COPIES OF THE BOARD MEMBERS SIGNED POLICIES AND REVIEW IS PERFORMED AND CONFLICTS NOTED. ANY REGENT THAT HAS A PERCEIVED CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST IS ENCOURAGED NOT TO VOTE OR USE THEIR PERSONAL INFLUENCE ON THE MATTER, AND THEY SHOULD NOT BE COUNTED AS PART OF A QUORUM FOR THE MEETING. THE MINUTES OF THE MEETING SHOULD REFLECT THAT A DISCLOSURE WAS MADE, THE ABSTENTION FROM VOTING, AND THE QUORUM SITUATION. FORM 990, PART VI, SECTION B, LINE 15 CURRENTLY THE PERSONNEL COMMITTEE MANAGES THE COMPENSATION BASED ON MARKET STUDY FOR THE PRESIDENT, AND THE PRESIDENT WORKS WITH THE PERSONNEL COMMITTEE TO MANAGE THE CABINET OFFICERS. THE PERSONNEL COMMITTEE HAS DIRECT OVERSIGHT AND REQUESTS MARKET COMPARABILITY INFORMATION FOR THEIR REVIEW. THE LAST MARKET COMPARABILITY WAS COMPLETED FALL OF 2020, WITH A 5 YEAR TRAJECTORY. AT THE REQUEST OF THE PRESIDENT IT CAN BE UPDATED, BASED ON MORE CURRENT DATA WHEN AVAILABLE. CONCORDIA USES STATE OF NEBRASKA, CUPA_HR, GPAC, CUS, AND CICN DATA. THIS PROCESS WAS LAST COMPLETED IN 2020. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER CONSULTING FEES: PROGRAM SERVICE EXPENSES 2,232,866. MANAGEMENT AND GENERAL EXPENSES 259,277. FUNDRAISING EXPENSES 51,728. TOTAL EXPENSES 2,543,871. CONTRACTED FOOD SERVICES: PROGRAM SERVICE EXPENSES 2,451,781. MANAGEMENT AND GENERAL EXPENSES 6,125. FUNDRAISING EXPENSES 371. TOTAL EXPENSES 2,458,277. CONTRACTED GRADUATE SERVICES: PROGRAM SERVICE EXPENSES 7,371,108. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,371,108. ATHLETIC OFFICIALS: PROGRAM SERVICE EXPENSES 64,309. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 64,309. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST 1,011,434. CONCORDIA FOUNDATION NEBRASKA 800 N COLUMBIA AVE SEWARD NE 68434 476034005 PROMOTE THE UNIVERSITY THROUGH SOLICIATION OF FUNDS NE 501(C)(3) LINE 12A, I CONCORDIA UNIVERSITY NEBRASKA 1 LUTHERAN CHURCH - MISSOURI SYNOD 1333 S KIRKWOOD ROAD ST LOUIS MO 63122 430658188 CHURCH MO 501(C)(3) LINE 1 0 POOLED TRUST (3) 1333 SOUTH KIRKWOOD ROAD ST LOUIS MO 63122 POOLED TRUST MO N/A T 0 STRAIGHT UNITRUST (61) 1333 SOUTH KIRKWOOD ROAD ST LOUIS MO 63122 STRAIGHT TRUST MO N/A T 0 ANNUITY TRUST (9) 1333 SOUTH KIRKWOOD ROAD ST LOUIS MO 63122 ANNUITY TRUST MO N/A T 0 CHARITABLE REMAINDER UNITRUST (1) 104 SOUTH 5TH STREET SEWARD NE 68434 CHARITABLE TRUST NE N/A T 0 SIMPLE TRUST (1) 1333 SOUTH KIRKWOOD ROAD ST LOUIS MO 63122 SIMPLE TRUST MO N/A T 0 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 CONCORDIA FOUNDATION NEBRASKA C 739092 COST