2022-05-16T17:21:49-05:00 2021-06-30 390859910 BAKER TILLY US LLP 777 E WISCONSIN AVE 32ND FLOOR MILWAUKEE WI 53202 990 2020-07-01 952798775 CONCORDIA UNIVERSITY IRVINE CONC 9492143123 1530 CONCORDIA WEST IRVINE CA 926123203 MARY WOOLFOLK CONTROLLER 9492143123 2022-05-16 1 MARY WOOLFOLK XXX-XX-XXXX TROY MARINE CPA P00187863 4147775500 2022-05-16 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR MICHAEL A THOMAS 1530 CONCORDIA WEST IRVINE CA 926123203 136120278 0 X WWW.CUI.EDU X 1972 CA CONCORDIA UNIVERSITY IRVINE, GUIDED BY THE GREAT COMMISSION OF CHRIST JESUS AND THE LUTHERAN CONFESSIONS, EMPOWERS STUDENTS THROUGH THE LIBERAL ARTS AND PROFESSIONAL STUDIES FOR LIVES OF LEARNING, SERVICE, AND LEADERSHIP. 14 14 1547 50 0 0 10771209 35420336 91171628 94933543 1522272 3894814 206406 45220 103671515 134293913 26630001 29865020 0 0 41174079 38568548 0 0 0 31539703 29093708 99343783 97527276 4327732 36766637 175634097 216619359 55651390 51896077 119982707 164723282 CONCORDIA UNIVERSITY IRVINE, GUIDED BY THE GREAT COMMISSION OF CHRIST JESUS AND THE LUTHERAN CONFESSIONS, EMPOWERS STUDENTS THROUGH THE LIBERAL ARTS AND PROFESSIONAL STUDIES FOR LIVES OF LEARNING, SERVICE, AND LEADERSHIP. 0 0 58778827 29865020 87914070 INSTRUCTION - DIVISIONAL:INSTRUCTION, INCLUDES GRANTS AND ALLOCATIONS. CONCORDIA UNIVERSITY CURRENTLY HAS 1,359 TRADITIONAL UNDERGRADUATE STUDENTS AND 2,944 NON-TRADITIONAL STUDENTS. 18195048 ACADEMIC SUPPORT AND STUDENT SERVICES:ACADEMIC SUPPORT INCLUDES OFFICE OF THE PROVOST, DEANS OF VARIOUS ACADEMIC DIVISIONS, AND UNIVERSITY LIBRARY SERVICES. STUDENT SERVICES INCLUDES ADMISSIONS, FINANCIAL AID, REGISTRAR, AND ATHLETICS. 6888000 7019473 AUXILIARY SERVICES:AUXILIARY ENTERPRISES AT CONCORDIA ARE GENERALLY COMPRISED OF RESIDENCE HALLS, A DINING HALL, AND A SNACK SHOP. 83861875 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 1 193 0 1547 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X KEVIN TILDEN 9492143126 1530 CONCORDIA WEST IRVINE CA 92612 JEFFREY BEAVERS BOARD MEMBER 1.00 X 0 0 0 REV JASON BREDESON BOARD MEMBER 1.00 X 0 0 0 DR ROGER BURTNER BOARD MEMBER 1.00 X 0 0 0 DR STEVEN J BUUCK BOARD MEMBER SECRETARY 1.00 X X 0 0 0 RYAN P EMELING BOARD MEMBER 1.00 X 0 0 0 MATTHEW FLANDERMEYER BOARD MEMBER 1.00 X 0 0 0 DR MICHAEL E GIBSON BOARD MEMBER 1.00 X 0 0 0 DAVE J HEMKER BOARD MEMBER 1.00 X 0 0 0 MRS LAURA G HEMMINGER BOARD MEMBER 1.00 X 0 0 0 REVERND JAMES D HENKELL BOARD MEMBER - VICE CHAIR 1.00 X X 0 0 0 REV SCOTT C KLEMSZ BOARD MEMBER 1.00 X 0 0 0 REV MICHAEL R LANGE BOARD MEMBER - ADVISORY 1.00 X 0 0 0 PETER K S LEE BOARD MEMBER 1.00 X 0 0 0 RONALD R LEVESQUE BOARD MEMBER - CHAIR 1.00 X X 0 0 0 MS PAULA MEYER CLELAND BOARD MEMBER 1.00 X 0 0 0 CRAIG W OLSON BOARD MEMBER 1.00 X 0 0 0 MS CINDY STEINBECK BOARD MEMBER 1.00 X 0 0 0 RACHEL KLITZING BOARD MEMBER - ADVISORY 1.00 X 0 0 0 REV REOGER E SCHLECHTE BOARD MEMBER - ADVISORY 1.00 X 0 0 0 H E DURBIN II BOARD MEMBER - EX OFFICIO 1.00 X 0 0 0 DR MICHAEL A THOMAS PRESIDENT (FROM 01/2020) 40.00 4.00 X 220553 0 108757 KEVIN TILDEN EXEC VP & CFO 40.00 4.00 X 183733 0 39278 RONALD VAN BLARCOM ASSOCIATE VP & GENERAL COUNSEL 40.00 X 179717 0 26039 PETER SENKBEIL SPECIAL ASSISTANT TO THE PRESIDENT 40.00 4.00 X 162818 0 35353 TIMOTHY JAEGER EXEC VP FOR UNIVERSITY ADVANCEMENT 4.00 40.00 X 0 167085 23587 STEVEN MUELLER CHIEF MISSION OFFICER 40.00 X 151035 0 27244 SCOTT ASHMON SENIOR VICE PRESIDENT & PROVOST 40.00 4.00 X 156804 0 17395 TIMOTHY ODLE VP UNIVERSITY OPERATIONS & ATHLETICS 40.00 X 126039 0 31376 GARY MCDANIEL CHIEF ENROLLMENT OFFICER 40.00 X 362177 0 14025 DAMIEN WYMAN DIRECTOR OF INTERNATIONAL PROGRAMS 40.00 X 168191 0 29325 CHERYL SMYTHE-PADGHAM DIRECTOR OF NURSING 40.00 X 147150 0 33561 JOHN KENNEY CHEMISTRY FACULTY 40.00 X 139148 0 31297 RICHARD HARDY ASSOCIATE VP OF MARKETING 40.00 X 144335 0 16300 CURT CATTAU MCAA FACULTY 40.00 X 224205 0 12863 2365905 167085 446400 73 0 1 0 BON APPETIT 1000 WEST TEMPLE STREET LOS ANGELES CA 90074 FOOD SERVICE 2697328 K-12 TEACHERS ALLIANCE 20624 ABBEY WOODS FRANKFORT IL 60423 RECRUITMENT SERVICES 1909888 ARAMARK FACILITIES SERVICES 24818 NETWORK PL CHICAGO IL 606731248 FACILITIES MAINTENANCE 1636453 ALL TRADES CONSTRUCTION MANAGEMENT 3842 CHINO AVE CHINO CA 917104722 GENERAL CONTRACTOR 1242909 TOWNSEND INSTITUTE FOR LEADERSHIP AND CO 1530 CONCORDIA WEST IRVINE CA 926123203 RECRUITMENT SERVICES 1017323 36 4278935 31141401 10000 35420336 TUITION AND FEES 611710 87914070 87914070 SALES AND SERVICES OF AUXILIARY E 611710 7019473 7019473 94933543 1417850 1417850 4303329 1826365 2476964 2476964 2476964 OTHER REVENUE 900099 45220 45220 45220 134293913 94933543 0 3940034 29865020 29865020 1603546 1603546 29502359 27361132 2141227 2379480 2041926 337554 3311932 2881237 430695 1771231 1555601 215630 125443 125443 95180 95180 15000 15000 135820 135820 6470737 6359700 111037 2968561 2267981 700580 63204 15660 47544 1767613 199638 1567975 5562145 3997934 1564211 782304 759105 23199 43585 40887 2698 454436 454436 6076544 4043564 2032980 875460 162989 712471 OTHER EXPENSE 3657676 2309501 1348175 97527276 83861875 13665401 0 3020743 8072131 12010852 24557000 5675979 23437308 2116168 1945979 84357 500008 2052352 2532372 173937543 79091326 95223639 94846217 44605844 47988004 10844163 12740340 175634097 216619359 6990340 6927401 9056923 9017788 31918151 27527793 7685976 8423095 55651390 51896077 X 80495954 89509858 39486753 75213424 119982707 164723282 175634097 216619359 X 36766637 5292367 2681571 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 15000 15000 0 PART II-B, LINE 1: ASSOCIATION OF FAITH BASED INSITIUTIONS FORMED TO DEFEAT SB 1146. 125841 X 0 35171758 2326599 7819708 881736 44436329 30748483 4800937 400180 777842 35171758 29286533 971771 1278685 788506 30748483 24627762 3704059 1568236 613524 29286533 22024644 1192233 2011329 600444 24627762 0.21000 0.58000 0.21000 0 1 1 1079179 1079179 118800329 54117381 64682948 36162091 14371062 21791029 16748202 10602883 6145319 1147742 1147742 94846217 INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY FOUNDATION 7800563 BENEFICIAL INTEREST IN PERPETUAL FUNDS 3641209 BENEFICIAL INTEREST IN SPLIT INT AGREEMENTS 1298568 12740340 ENDOWMENT ASSETS HELD FOR CONCORDIA UNIVERSITY FOUNDATION 7043797 DUE TO CONCORDIA UNIVERSITY IRVINE FOUNDATION 128430 CAPITAL LEASE 1250868 8423095 X 112848038 5292367 2542272 7834639 105013399 135820 29144694 29280514 134293913 68107463 0 68107463 135820 29283993 29419813 97527276 PART III, LINE 4: THE ART COLLECTION IS HELD BY CONCORDIA UNIVERSITY SOLELY FOR THE PRESERVATION/BENEFIT FOR FUTURE GENERATIONS. PART V, LINE 4: THE CONCORDIA UNIVERSITY'S INTENDED USE OF ENDOWMENT FUNDS IS TO PROVIDE DESIGNATED FINANCIAL SUPPORT FOR ACADEMIC SCHOLARSHIPS, PROGRAMS, AND SERVICES PROVIDED TO STUDENTS TO FURTHER THEIR RESPECTIVE EDUCATIONAL GOALS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT IT DERIVES INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT POSITION (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. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 52,118. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL FUNDS 815,099. UNREALIZED GAIN ON INTEREST RATE EXCHANGE AGREEMENT 623,949. CHANGE IN INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY IRVINE FOUNDATION 1,190,405. OTHER NONOPERATION EXPENSES -139,299. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 28,377,720. FORGIVENESS TO CONCORDIA UNIVERSITY FOUNDATION 766,974. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 28,377,720. FORGIVENESS TO CONCORDIA UNIVERSITY FOUNDATION 766,974. OTHER NONOPERATING EXPENSE 139,299. PART V, ENDOWMENT FUNDS: THE FOUNDATION'S ENDOWMENT FUND IS HELD BY THE UNIVERSITY, BUT EACH ENTITY REPORTS THEIR OWN ENDOWMENT FUND BALANCE ON THEIR RESPECTIVE FORM 990. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE STATEMENT OF NON-DISCRIMINATORY POLICY IS PUBLISHED IN THE UNIVERSITY'S CATALOG, HANDBOOK & ALL PROMOTIONAL PUBLICATIONS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS THE FEDERAL DIRECT STAFFORD STUDENT LOAN PROGRAM, FEDERAL WORK STUDY PROGRAM, PELL GRANT PROGRAM, AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES WIRE TRANSFER FOR STUDENT EXPENSES 63323 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES WIRE TRANSFERS FOR STUDENT EXPENSES 2906 0 0 0 0 0 0 66229 0 66229 0 0 1 0 0 0 PART I, LINE 2: CONCORDIA UNIVERSITY IRVINE OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THEIR OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE OF THIS FORM MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS WHETHER PUT IN PLACE BY THE UNIVERSITY OR BY DONORS OF RESTRICTED FUNDS. THE OFFICE OF FINANCIAL AID IS ACCOUNTABLE FOR MONITORING AND DISBURSING ALL FINANCIAL ASSISTANCE TO STUDENT ACCOUNTS. PART III ACCOUNTING METHOD: 1 TUITION DISCOUNT 2147 28377720 CARES ACT 3809 1465448 ASSISTANCE TO CONCORDIA UNIVERSITY PORTLAND EMPLOYEES 16 21852 PART I, LINE 2: CONCORDIA UNIVERSITY IRVINE OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THEIR OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE OF THIS FORM MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS WHETHER PUT IN PLACE BY THE UNIVERSITY OR BY DONORS OF RESTRICTED FUNDS. THE OFFICE OF FINANCIAL AID IS ACCOUNTABLE FOR MONITORING AND DISBURSING ALL FINANCIAL ASSISTANCE TO STUDENT ACCOUNTS. INSTITUTIONAL HEERF GRANT FUNDS OF $908,853 WERE USED TO FUND ADDITIONAL TUITION DISCOUNT DURING 2021.STUDENT PASS THROUGH HEERF FUNDS WERE DISTRIBUTED TO STUDENTS BASED ON GUIDELINES PROVIDED BY THE DEPARTMENT OF EDUCATION AND INSTITUTION ESTABLISHED PARAMETERS TO ASSIST STUDENTS IMPACTED BY COVID-19. X 0 0 X X X X 0 0 0 0 0 0 0 0 0 GARY MCDANIEL CHIEF ENROLLMENT OFFICER 99606 0 119400 0 143171 0 8509 0 5516 0 376202 0 0 0 DR MICHAEL A THOMAS PRESIDENT (FROM 01/2020) 150151 0 0 0 70402 0 17833 0 90924 0 329310 0 0 0 CURT CATTAU MCAA FACULTY 85349 0 70066 0 68790 0 5292 0 7571 0 237068 0 0 0 KEVIN TILDEN EXEC VP & CFO 182131 0 0 0 1602 0 17478 0 21800 0 223011 0 0 0 RONALD VAN BLARCOM ASSOCIATE VP & GENERAL COUNSEL 177364 0 0 0 2353 0 16502 0 9537 0 205756 0 0 0 PETER SENKBEIL SPECIAL ASSISTANT TO THE PRESIDENT 115571 0 0 0 47247 0 14320 0 21033 0 198171 0 0 0 DAMIEN WYMAN DIRECTOR OF INTERNATIONAL PROGRAMS 167564 0 0 0 627 0 7437 0 21888 0 197516 0 0 0 TIMOTHY JAEGER EXEC VP FOR UNIVERSITY ADVANCEMENT 0 74301 0 0 0 92784 0 13930 0 9657 0 190672 0 0 CHERYL SMYTHE-PADGHAM DIRECTOR OF NURSING 145674 0 0 0 1476 0 12726 0 20835 0 180711 0 0 0 STEVEN MUELLER CHIEF MISSION OFFICER 102031 0 0 0 49004 0 11531 0 15713 0 178279 0 0 0 SCOTT ASHMON SENIOR VICE PRESIDENT & PROVOST 108091 0 0 0 48713 0 13284 0 4111 0 174199 0 0 0 JOHN KENNEY CHEMISTRY FACULTY 74269 0 0 0 64879 0 11057 0 20240 0 170445 0 0 0 RICHARD HARDY ASSOCIATE VP OF MARKETING 142425 0 0 0 1910 0 13100 0 3200 0 160635 0 0 0 TIMOTHY ODLE VP UNIVERSITY OPERATIONS & ATHLETICS 25851 0 0 0 100188 0 11122 0 20254 0 157415 0 0 0 PART I, LINE 1A THE PRESIDENT OF THE UNIVERSITY RESIDES IN CAMPUS PROVIDED HOUSING YEAR-ROUND. THE VALUE ASSOCIATED WITH THE HOUSING PROVIDED TO THE PRESIDENT IS $72,000 WHICH IS THE APPROXIMATE ANNUAL RENTAL VALUE OF THE HOUSE IN WHICH THE PRESIDENT RESIDES. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048VWF1 2021-06-30 27999424 CURRENT REFUND OF 2011 AND 2017 BONDS 0 0 0 A 27999424 27999424 2021 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 0 FORM 990, SCHEDULE K, PART I, COLUMN F: THE PROCEEDS OF THE SERIES 2021 BONDS WERE USED TO REFUND, ON A CURRENT BASIS, THE CALIFORNIA MUNICIPAL FINANCE AUTHORITY EDUCATIONAL FACILITIES REFUNDING REVENUE BONDS SERIES 2011A (CONCORDIA UNIVERSITY IRVINE) AND CALIFORNIA MUNICIPAL FINANCE AUTHORITY EDUCATIONAL FACILITIES REVENUE BONDS, SERIES 2017 (CONCORDIA UNIVERSITY IRVINE), BOTH OF WHICH WERE REISSUED ON MARCH 13, 2020. CAROL MCDANIEL WIFE OF GARY MCDANIEL, EVP 76605 SALARY 0 FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF REGENTS HAS GRANTED THE AUTHORITY TO THE FOLLOWING COMMITTEES: (1) INVESTMENT COMMITTEE - CHARGED WITH THE OVERSIGHT OF THE UNIVERSITY'S ENDOWMENT AND, INVESTMENT ALLOCATION DECISIONS, AND ALL CUSTODIAL CONCERNS RELATED TO CONCORDIA'S FINANCIAL INSTRUMENTS. (2) FINANCE/AUDIT COMMITTEE - CHARGED WITH THE OVERSIGHT OF THE FINANCIAL MANAGEMENT OF THE UNIVERSITY, INCLUDING THE REVIEW OF EXTERNAL FINANCIAL REPORTING AND THE ANNUAL AUDIT PROCESS. (3) COMPENSATION COMMITTEE - CHARGED WITH THE REVIEW AND APPROVAL OF COMPENSATION STRUCTURES RELATING TO FACULTY, STAFF, AND KEY EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 7A THE SYNOD HOLDS A CONVENTION EVERY THREE YEARS, WHICH IS COMPRISED OF LUTHERAN CONGREGATIONS ACCROSS THE UNITED STATES. A REPRESENTATIVE OF THE CONGREGATIONS IS APPOINTED WHO IN TURN VOTES FOR FOUR MEMBERS OF THE BOARD OF REGENTS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD ASSIGNS AUTHORITY TO THE FINANCE COMMITTEE TO PERFORM A REVIEW OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN THEIR CAPACITY AS REGENTS, THE MEMBERS OF THE BOARD OF CONCORDIA UNIVERSITY IRVINE MUST ACT AT ALL TIMES IN THE BEST INTEREST OF THE UNIVERSITY. ALL ACTUAL AND POTENTIAL CONFLICTS OF INTEREST SHALL BE DISCLOSED BY BOARD MEMBERS TO THE APPROPRIATE PERSONNEL WITHIN THE UNIVERSITY THROUGH THE ANNUAL DISCLOSURE FORM AND/OR WHENEVER A CONFLICT ARISES. THE DISINTERESTED MEMBERS OF THE BOARD SHALL MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION IS APPROPRIATE (IF ANY). IF IT IS DETERMINED THAT A CONFLICT OF INTEREST DOES IN FACT EXIST, THE INTERESTED BOARD MEMBER(S) IS/ARE RECUSED FROM PARTICIPATING IN DEBATES AND VOTES ON THE MATTER. STAFF AND FACULTY OF THE ORGANIZATION ARE REGULARLY REQUIRED TO REAFFIRM THEIR ADHERENCE TO AND UNDERSTANDING OF THE NEED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION DECISIONS ARE SUBJECT TO REVIEW AND CONCURRENCE BY SENIOR MEMBERS OF STAFF. COMPARABILITY DATA AS PROVIDED BY WILLIS, TOWERS, WATSON IS USED AS A BENCHMARK, AND THE METHODOLOGY OF THE DECISION IS DOCUMENTED BY HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND RELATED DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST RATE EXCHANGE AGREEMENT 623,949. CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 52,118. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL FUNDS 815,099. CHANGE IN INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY IRVINE FOUNDATION 1,190,405. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS. FORM 990, PART V, LINES 1A & 2A: CONCORDIA UNIVERSITY IRVINE AND CONCORDIA UNIVERSITY FOUNDATION ARE RELATED NONPROFIT CORPORATIONS UTILIZING A COMMON POOL OF EMPLOYEES. BOTH ORGANIZATIONS FILE A COMMON PAYROLL UNDER CONCORDIA UNIVERSITY IRVINE AND ALL TAX REPORTING IS DONE THROUGH UTILIZING CONCORDIA UNIVERSITY IRVINE AS A COMMON PAYMASTER. THE WAGES AND BENEFITS OF EMPLOYEES OF THE TWO ORGANIZATIONS ARE ACCOUNTED FOR AS EITHER ENTITIES' EXPENSES ON THE STATEMENT OF FUNCTIONAL EXPENSE BASED ON THEIR PRIMARY ROLE. CONCORDIA UNIVERSITY IRVINE FOUNDATION 1530 CONCORDIA WEST IRVINE CA 92612 237326171 FUNDRAISING FOR CONCORDIA UNIVERSITY CA 501(C)(3) LINE 12A, I CONCORDIA UNIVERSITY IRVINE 1 CHARITABLE REMAINDER ANNUITY TRUSTS (2) CHARITABLE TRUST CA T 0 CHARITABLE REMAINDER UNITRUSTS (6) CHARITABLE TRUST CA T 0 POOLED TRUSTS (16) CHARITABLE TRUST CA T 0 NET INCOME WITH MAKEUP CHARITABLE TRUST (2) CHARITABLE TRUST CA T 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 CONCORDIA UNIVERSITY FOUNDATION O 1339701 FAIR MARKET VALUE CONCORDIA UNIVERSITY FOUNDATION B 766974 CASH