2017-02-13T10:19:38-07:00 2016-06-30 990 2015-07-01 390833608 CONCORDIA UNIVERSITY WISCONSIN CONC 2622435700 12800 N Lake Shore Drive Mequon WI 53097 Allen Prochnow Exec. Vice President & COO 2622434303 2017-02-13 2015 2021-01-29 14:40:06Z Allen Prochnow 12800 N LakeShore Dr Mequon WI 53097 155507533 0 X www.cuw.edu X 1881 WI Post Secondary Education - Concordia University Inc. is a Lutheran higher education community committed to helping students develop in mind, body, and spirit for service to Christ in the Church and the world. 16 16 3191 0 0 0 1972064 1399316 146729228 154066883 33851 28026 684540 13308 149419683 155507533 35997156 37157333 0 0 66463400 71682836 0 0 2917618 42903048 44225946 145363604 153066115 4056079 2441418 246172628 258810655 44287217 50649998 201885411 208160657 Post Secondary Education - Concordia University Inc. is a Lutheran higher education community committed to helping students develop in mind, body, and spirit for service to Christ in the Church and the world. 0 0 86867872 37157333 135605703 Post Secondary Education General/Other: 4689 students in undergraduate classes, 3718 students in graduate classes, 1828 students were graduated in the 2015-2016 school year. The University has 70 bachelor majors and 80 minors, 39 Masters programs, and four Doctoral programs. 37157333 37157333 37157333 Student Financial Aid Programs: Financial Aid to students including scholarships, remitted tuition, and stipends for both undergraduate and graduate students. 0 0 0 124025205 1 0 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 1 1 0 0 1 11874 0 1 3191 1 0 1 CJ 0 0 1 1 1 1 0 0 0 0 0 0 X 16 16 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MI WI X X Allen Prochnow- EVP-COO 2622435700 12800 N Lake Shore Dr Mequon WI 53097 Hon Kenneth Bowman Board Member 0.1 0 X 0 0 0 Janice Wendorf Board Member 0.1 0 X 0 0 0 Rev John Wille Board Member 0.1 0 X 0 0 0 Robert Denkert Board Member 0.1 0 X 0 0 0 Terry Donovan Board Member-Vice Chairman 0.1 0 X 0 0 0 Dwayne Jobst Board Member 0.1 0 X 0 0 0 Dcs Lynnette Fredericksen Board Member 0.1 0 X 0 0 0 Robert Schjerven Board Member- Chairman 0.1 0 X 0 0 0 Larry Floyd Board Member 0.1 0 X 0 0 0 Ruth Koch Board Member 0.1 0 X 0 0 0 Christine Specht Board Member 0.1 0 X 0 0 0 John Stollenwerk Foundation Chairman 0.1 0 X 0 0 0 Rev Dwayne Lueck LCMS - Advisory 0.1 0 X 0 0 0 Rev David Maier LCMS- Advisory 0.1 0 X 0 0 0 Dr Timothy Jest Board Member 0.1 0 X 0 0 0 Nancy Korom Board Member 0.1 0 X 0 0 0 Harriet Pedersen Board Member 0.01 0 X 0 0 0 John Berg Board Member 0.1 0 X 0 0 0 Allen Prochnow Exec VP & COO 40 0 X 195613 0 48544 Thomas Phillip Vice President 40 0 X 118159 0 38008 Anita Clark Vice President 40 0 X 133455 0 39122 William Cario Sr. Vice President 40 0 X 63752 0 42490 Patrick T Ferry President 40 0 X 156726 0 53139 Kenneth Gaschk Vice President 40 0 X 148391 0 41069 Joan Scholz Vice President 40 0 X 108782 0 31612 Roy Peterson Vice President 40 0 X 87616 0 22850 Steve Taylor Vice President 40 0 X 56485 0 34959 Gretchen Jameson Vice President 40 0 X 135206 0 28306 Dr Linda Samuel Director of OT Prog 40 0 X 175355 0 39610 Dr Dean Arneson Dean of School of Pharmcy 40 0 X 188890 0 34344 Curt Gielow Campus Chief Executive 40 0 X 178105 0 39390 Dr Michael Brown Pharmacy Professor 40 0 X 155722 0 41934 Dr Ernie Stremski Pharmacy Professor 40 0 X 149672 0 34504 2051929 0 569881 63 0 1 0 Roseville Ventures LLC 4015 80th St Kenosha WI 531424936 Facilities Rental 326624 Mayer Helminiak Architects 10521 N Port Washington Rd Mequon WI 53092 Architectural Design services 451090 Midwest Fiber Networks 6070 N Flint Rd Glendale WI 532093714 Cabling installation 566033 Mid Milk Improvements LLC Acct 7527978054 Hicksville NY 118022074 Facilities Rental 153067 Stadium Busienss Center 1243 N 10th St Milwaukee WI 532052559 Facilities Rental 192596 13 0 0 0 0 1399316 0 0 1399316 Student Tuition and Fees 611310 135605703 135605703 0 0 Residence Hall Fees 611310 13562982 13562982 0 0 Food Service Fees 611310 4423418 4423418 0 0 Other-Auxiliary 611310 474780 474780 0 0 0 0 0 0 154066883 47141 0 0 47141 0 0 0 0 0 0 0 0 0 380466 0 0 0 380466 380466 0 0 380466 0 -19115 0 0 0 -19115 -19115 0 0 -19115 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Service Charges 611310 9805 0 0 9805 Misc. Revenue 611310 -376963 0 0 -376963 0 0 0 0 -367158 155507533 154066883 0 41334 0 0 37157333 37157333 0 0 0 0 2100764 1154547 756144 190073 0 0 0 0 52192327 44869872 6140925 1181530 3296689 2883257 296386 117046 10589646 9261619 952052 375975 3503410 3010799 423152 69459 176878 105372 71506 0 -75221 16518 -91739 0 55815 0 55815 0 0 0 0 0 0 0 0 0 0 0 7973481 2001492 5808642 163347 5708825 651347 4963002 94476 2126779 1662955 425744 38080 912608 890354 22254 0 0 0 0 0 1697282 1688376 8906 0 1822126 1565012 216796 40318 0 0 0 0 547033 485284 28779 32970 1078677 27987 1050690 0 0 0 0 0 6378740 4163586 2215154 0 1189355 64554 1063162 61639 Bad Debt/Pledge Exp. 692834 421406 271428 0 Bldg/Equip Maintenance & Rental 5509160 2250464 3246664 12032 Utilities 2315302 62317 2252985 0 Various Operating Exp. 6116272 9630754 -4055155 540673 153066115 124025205 26123292 2917618 7149415 7369235 0 0 632165 1226831 3454499 3744524 0 0 0 0 296443 284245 363258 300070 1089204 251686 216646200 51157416 147105074 165488784 49653358 47494367 18083254 18304915 16465284 12492080 0 0 1880674 1853918 246172628 258810655 6763647 7420091 0 0 3002418 3168269 0 0 0 0 0 0 30438354 35489852 572099 515909 3510699 4055877 44287217 50649998 X 75866313 76717548 109117744 114505806 16901354 16937303 201885411 208160657 246172628 258810655 X 2441418 -2291071 0 0 0 6124899 X 0 1 X 1 1 1 X 0 40000 0 0 X X 0 74921009 899815 -939543 1220787 0 0 73660494 67983347 2248271 6026219 1336828 0 0 74921009 51042770 11363039 6264285 750480 -63733 0 67983347 45601008 1685386 4090196 363901 -30081 0 51042770 44768867 473035 782495 412296 11093 0 45601008 0.71 0.22 0.07 1 1 1 0 13753399 13753399 0 161391299 33969980 127421319 0 14546984 4445464 10101520 0 22544433 12741972 9802461 0 4410085 0 4410085 165488784 7636444 F 0 F Cash 190529 F Certificates of Deposit 577336 F Cash & Money Market 1133597 F Hedge Funds 8063655 F Real Estate 689648 F Other 13706 F 18304915 0 Deposits Payable 616035 Funds Held for Others 3439842 4055877 X 118350200 0 0 0 0 0 118350200 0 37157333 37157333 155507533 115908782 0 0 0 0 0 115908782 0 37157333 37157333 153066115 Schedule D, Part III, Line 1 Concordia University Inc. holds a collection of artwork which is used by the Art Department to enhance the student's studies and for public exhibition. Schedule D, Part III, Line 4 Concordia University Inc. holds a collection of artwork which is used by the Art Department to enhance the student's studies and for public exhibition. Schedule D, Part V, Line 4 The main intended use of the endowment funds is to provide scholarships to students. Minimal endowments are designated for general organizational maintenance and support. Schedule D, Part VIII Not required as Form 990, Part X, line 13 is less than 5% of line 16. Schedule D, Part X, Line 2 New Accounting Pronouncements- In July 2006, the FASB issued interpretation No. 48, Accounting for Uncertainty in Income Taxes, an interpretation of FASB Statement No. 109 (Fin. 48). 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, 2016. The University's tax returns are subject to review and examination by the Federal and State authorities. Open tax years subject to examination by the U.S. taxing authorities are for the years 2013 to 2016, which statutes expire in 2016 and 2018, respectively. Open tax years subject to examination by the State taxing authorities are for the years 2012 to 2016, which statutes expire in 2016 to 2018, respectively. Schedule D, Part XI, Line 4b Scholarships for Students. Schedule D, Part XII, Line 4b Scholarships for Students. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 It is on the website and referenced during admission and entrance requirements general information- Concordia University Inc. admits qualified students of any race, color, or national or ethnic origin to all programs and activities and is non-discriminatory in the administration of its policies or programs. To be considered for admission to Concordia University Inc., a student must be a graduate of a regionally accredited high school or one approved by its state university. Requests for exceptions to this requirement may be submitted by candidates who are otherwise qualified. Schedule E, Part I, Line 6 Concordia University Inc. is a direct lending institution of federal funds. We also receive PELL, FSEOG, TEACH, and Department of Health & Human Services grants related to the nursing field. Central America and the Caribbean 0 0 Investments Investments 995985 0 0 995985 0 0 0 1 0 0 1 Federal Direct Loans 6855 63313424 0 Federal PELL 1902 5891103 0 Federal FSEOG 483 318174 0 Federal FWS 238 400000 0 Federal TEACH 20 20394 0 State of WI-Tuition Grant 809 2442418 0 State of WI-Academic 28 29813 State of WI-Nursing Loans 4 12000 0 State of WI- Minority Retention 20 41715 0 State of WI-TIP 36 19750 0 CUW, CUWF, & CUAA Institutional Grants & Endorsements 4862 38246649 0 State of WI- Indian Grants 31 29425 0 Schedule I, Part I, Line 2 Concordia University Inc. awards scholarships and financial aid to students based on financial need, talent, and/or academic merit and programs. Federal and State programs are awarded based upon respective program requirements. Federal and State programs are compliance tested yearly in conjunction with the independent audit and auditor reports/ newsletters are submitted to all organizations as required by the programs. X X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Allen Prochnow Exec VP & COO 195613 0 0 0 0 0 48544 0 32237 0 276394 0 260946 0 Thomas Phillip Vice President 118159 0 0 0 0 0 38008 0 12391 0 168558 0 161378 0 Anita Clark Vice President 133455 0 0 0 0 0 39122 0 11020 0 183597 0 177611 0 William Cario Sr. Vice President 63752 0 0 0 0 0 42490 0 114162 0 220404 0 206957 0 Patrick T Ferry President 156726 0 0 0 0 0 53139 0 178048 0 387913 0 396768 0 Kenneth Gaschk Vice President 148391 0 0 0 0 0 41069 0 10484 0 199944 0 187279 0 Joan Scholz Vice President 108782 0 0 0 0 0 31612 0 20943 0 161337 0 150545 0 Roy Peterson Vice President 87616 0 0 0 0 0 22850 0 79607 0 190073 0 177767 0 Gretchen Jameson Vice President 135206 0 0 0 0 0 28306 0 11794 0 175306 0 136198 0 Steve Taylor Vice President 56485 0 0 0 0 0 34959 0 75795 0 167239 0 0 0 Dr Linda Samuel Director of OT Prog 175355 0 0 0 0 0 39610 0 17773 0 232738 0 217201 0 Dr Dean Arneson Dean of School of Pharmcy 188890 0 0 0 0 0 34344 0 109 0 223343 0 229211 0 Curt Gielow Campus Chief Executive 178105 0 0 0 0 0 39390 0 14645 0 232140 0 232165 0 Dr Ernie Stremski Pharmacy Professor 149672 0 0 0 0 0 34504 0 12748 0 196924 0 197949 0 Dr Michael Brown Pharmacy Professor 155722 0 0 0 0 0 41934 0 9653 0 207309 0 0 0 Schedule J, Part I, Line 1a Those approved by the Board as "Ministers of the Gospel" received a board approved housing allowance percentage. Concordia University Inc. (CUI), pays the travel expenses for the employee and a companion to attend the once-a-year off-campus Board-on-Board meeting. Patrick Ferry, Allen Prochnow, and Roy Peterson have memberships to the Wisconsin Club paid for by CUI. Maintenance staff performs various duties at the President's house, which is owned by the University. Various employee or relative of employee 0 Disclosure subject to FERPA laws Salary Tamara Ferry EE is spouse of officer 51944 employee 0 Cheryl Cario EE is spouse of key employee 9506 employee 0 Jill Gaschk EE is spouse of officer 30097 employee 0 Thomas Davilla EE is son-in-law of officer 40293 employee 0 Rachel Ferry EE is child of an officer 34876 employee 0 Jill Krell EE is sister of an officer 54366 employee 0 Rachel Scholz EE child of an officer 2744 employee 0 Schedule L, Part III There were various employees and relatives of employees that have a relationship to the school, and the disclosure of the type of assistance and amount of assistance granted are subject to FERPA law. Form 990, Part VI, Section A, Line 7a Concordia University Inc. (CUI), is an LCMS university. As such, it is required to take various items to the Concordia University System board for approvals. Additionally, a portion of the CUI Board members are elected every three years at the national LCMS convention, and at the South Wisconsin District Convention. Form 990, Part VI, Section A, Line 7b CUI is an LCMS University. As such, it is required to take various items to the Concordia University System board for approvals. Form 990, Part VI, Section B, Line 11b The 990 was prepared in-house. It was reviewed by the Executive Vice President / Chief Operating Officer and forwarded to the organization's audit committee for review. The audit committee is made up of board members of the University and the Concordia University Wisconsin Foundation (CUWF). After review by the committee and follow-up of any questions / concerns, the Form 990 and related schedules are filed with the IRS. The audit committee reports the results of its review to the Board of Regents and the CUWF Board. Form 990, Part VI, Section B, Line 12c Each year, all board members are required to sign and date a conflict of interest statement, disclosing any conflicts and properly abstaining from any votes at any time that may relate to the conflict. Form 990, Part VI, Section B, Line 15 Compensation is determined using industry standards, WAICU organizational data, CUS organizational data, and other various data resources. Final amounts are approved by the Board of Regents annually. Form 990, Part VI, Section C, Line 19 The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request to the President or the EVP / COO. Form 990, Part XI, Line 9 CUWF Investment Change in Net Assets plus Unrealized Gains or Losses from the CUWF return. Concordia University Wisconsin Foundation 12800 N Lake Shore Drive Mequon WI 53097 396077337 supporting organization fundraising WI 501(c)(3) line 7 CUI 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 Concordia University Wisconsin Foundation m 331111 Form 990, Part IX, Column D Concordia University Wisconsin Foundation n 590785 Form 990, Part IX, Column D Concordia University Wisconsin Foundation o 1934083 Form 990, Part IX, Column D Concordia University Wisconsin Foundation s 61639 Form 990, Part IX, Column D Additional time needed for completion.