2017-02-13T15:51:05-07:00 2016-06-30 990 2015-07-01 470378777 CONCORDIA UNIVERSITY CONC 4026437380 800 North Columbia Ave Seward NE 68434 Dave Kumm Executive VP, CFO,COO 4026437380 2016-12-16 2015 2017-02-10 21:41:12Z Concordia University Nebraska Brian Friedrich 800 North Columbia Ave Seward NE 68434 59507932 0 1709 X www.cune.edu X 1894 NE Founded in 1894 by The Lutheran Church-Missouri Synod, Concordia University is a private, coeducational institution of higher learning. The main campus is located in Seward, Neb. The graduate school and degree completion program are based in Lincoln Nebraska. Concordia is committed to providing excellent professional and liberal arts programs in an environment that richly supports the Christian growth of its students. 17 12 1073 254 142888 -2819 5892743 5880351 46984445 52881854 5092964 351095 -23073 -9556 57947079 59103744 16455035 19116814 0 0 16799669 18230175 94414 110651 1722087 19935525 21527764 53284643 58985404 4662436 118340 103607958 104099783 33538537 34065812 70069421 70033971 Concordia University, Nebraska is an excellent academic and Christ-centered community equipping men and women for lives of learning, service and leadership in the church and world. Vision - By 2020, Concordia University, Nebraska will be a thriving Lutheran university that engages students in dynamic, life-shaping learning experiences and relationships as they discover, pursue and realize their vocational callings. What Concordia stands for - The university is committed to the Christian growth of its students through degree programs in professional education and the liberal arts. In addition, Concordia's faculty, staff and students are committed to service to the church and community and to scholarly activity and research. 0 0 46503576 19116814 45713701 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. (2770 total student count; 2071 students received scholarships from the $19,116,814 scholarships awarded.) 4336741 0 7025265 Auxiliary Services - the cost for student room and board. On average Concordia University housed 847 students and 959 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 be spent at the Dining Hall, 10:31 Coffee Shop or at the Dog House Grill. 0 0 0 50840317 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 1 0 1 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1 1 1 0 0 0 0 1 1 0 0 0 1 78 0 1073 1 1 1 0 0 0 0 1 1 1 1 0 0 0 X 17 12 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 AK CO KY MD MI NH NV OR SC WA X David Kumm 4026437380 Concordia University NE 800 North Columbia Ave Seward NE 68434 Dennis Brink Regent 0.6 0.6 X 0 0 0 Lesa Covington Clarkson Regent 0.6 0.6 X 0 0 0 Eugene Gierke Regent 0.6 0.6 X 0 0 0 Keith Grimm Regent 0.6 0.6 X 0 0 0 Barry Holst Regent 0.6 0.6 X 0 0 0 Richard Huebner Regent 0.6 0.6 X 0 0 0 Jill Johnson Regent - Secretary 0.6 0.6 X X 0 0 0 Timothy Moll Regent - Chair 0.6 0.6 X X 2682 0 0 Bonnie O'Neill Meyer Regent 0.6 0.6 X 0 0 0 Paul Schudel Regent - Vice Chair 0.6 0.6 X X 0 0 0 Tim Schwan Regent 0.6 0.6 X 0 0 0 Andrew Stadler Regent 0.6 0.6 X 3740 0 0 Max Wake Regent 0.6 0.6 X 0 0 0 Krista Barnhouse Regent 0.6 0.6 X 0 0 0 Ryan Burger Regent 0.6 0.6 X 1950 0 0 Richard Snow Regent 0.6 0.6 X 0 0 0 Robert Cooksey Regent 0.6 0.6 X 0 0 0 Brian Friedrich President 65 3 X 66880 0 290495 David Kumm Ex VP, CFO, COO 55 0.6 X 128698 0 60468 Scott Seevers VP for Enrollment, Student Services and Athletics 55 0 X 2125 0 133277 Jenny Mueller-Roebke Provost 55 0 X 50080 0 160890 Kurth Brashear VP Inst Adv/General Counsel 55 2 X 111011 0 41354 D Gene Brooks VP Student Affairs & Athletics 55 0 X 79531 0 38136 446697 0 724620 2 0 1 0 Concordia University - Portland 2811 NE Holman St Portland OR 972116099 Consulting 3804692 Kingery Construction Company 201 N 46 Street Lincoln NE 68503 Construction 3400861 Compass Group USA Inc Chartwells Foodservice 2400 Yorkmont Rd Charlotte NC 28217 Foodservice 2722657 ARAMARK Management Services 1101 Market St Philadelphia PA 19107 Facility Management 2230912 John Wiley & Sons Inc 1415 W 22nd St Ste 499 Oak Brook IL 605232023 Consulting 729708 9 0 0 19530 626156 508395 4726270 410020 5880351 Tuition and Fees 900099 42581893 42581893 0 0 Auxiliary Revenue 900099 7025265 7025265 0 0 Other Income 900099 1849270 1706382 142888 0 Collaborate Arrangement Revenue 900099 1425426 1425426 0 0 0 0 0 0 52881854 365054 0 0 365054 0 0 0 0 0 0 0 0 0 0 305636 67837 307432 80000 -1796 -12163 -13959 0 0 -13959 7200 19530 16756 -9556 0 -9556 0 59103744 52738966 142888 341539 X 0 0 19116814 19116814 0 0 0 0 1080285 488711 306132 285442 0 0 0 0 13055168 10904976 1504634 645558 968966 778453 132467 58046 2486258 1594233 813219 78806 639498 531311 79246 28941 0 0 0 0 13116 0 13116 0 58050 0 58050 0 0 0 0 0 110651 110651 284882 0 284882 0 11262254 10561713 616421 84120 147321 54933 86977 5411 1022058 796508 155975 69575 830538 148596 636333 45609 0 0 0 0 1690951 1008925 667635 14391 1045331 916186 42616 86529 0 0 0 0 137471 109009 23332 5130 687824 587966 99858 0 0 0 0 0 3212309 2547163 643315 21831 186011 128526 0 57485 Repairs and Maintenance 74895 43540 30432 923 Equipment 313765 306783 6982 0 Dues 156121 87419 65922 2780 Hospitality 106381 67974 7997 30410 298486 60578 147459 90449 58985404 50840317 6423000 1722087 54851 33676 2685934 971662 1536405 1282693 1397775 987885 0 0 0 0 1060395 978962 14280 13548 661844 1464637 104241270 44095490 57194188 60145780 27783676 27665123 5576845 5236079 0 0 0 0 5641765 5319738 103607958 104099783 3066856 4273428 0 0 2355024 2247303 21456513 20260712 0 0 0 0 0 0 0 0 6660144 7284369 33538537 34065812 X 18457123 31427451 22591532 9170088 29020766 29436432 70069421 70033971 103607958 104099783 X 118340 69003 0 0 0 -222793 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 46850 0 0 X X 0 44962737 1635906 500254 2037479 0 382813 44678605 44461427 1194756 1398570 1756119 0 335897 44962737 39819071 2233117 4709812 2140220 0 160353 44461427 36557910 1797341 3068688 1466418 0 138450 39819071 34623376 2770355 454865 1167562 0 123124 36557910 0.079 0.799 0.122 1 1 1 0 742512 742512 0 78067009 28172927 49894082 0 0 0 0 0 12827328 8676276 4151052 0 12604421 7246287 5358134 60145780 Russell Total Return Fund Q - Class B, Series 1 5236079 F 5236079 Funds Held by Third Party Trustees 1829955 Deposits 4635 Split Interest Agreements Held by 3rd Party 2769852 Cash Surrender Value of Life Insurance 568866 Art Work 46850 Accrued Interest Receivable 1580 Bequest Receivable 98000 5319738 0 Deposits Payable 404356 Funds Held In Custody 87261 Asset Retirement Obligation 439133 Refundable Advances Federal Perkins 857623 Due to Foundation 890686 Line of Credit 4605310 7284369 X Schedule D, Part III, Line 1 Concordia University elects not to report on the balance sheet the Bartels Museum. Schedule D, 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. Schedule D, Part V, Line 4 Concordia University endowment fund consists of several different intended designations. 87.9% of the fund is designated for scholarships, 6.0% of the fund is for institutional support, 3.6% is for instructional/academic support and 2.5% is for student services. Schedule D, Part X, Line 2 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 and 2015. The University's tax returns are subject to review and examination by federal and state authorities. The tax returns for fiscal year 2013 and thereafter are open to 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 and Federal Family Educational Loan Programs. Central America and the Caribbean 0 0 Investments 5236079 Central America and the Caribbean 0 0 Program Services Educational Services 40935 East Asia and the Pacific 0 0 Program Services Educational Services 69082 Europe (including Iceland and Greenland) 0 0 Program Services Educational Services 92592 0 0 5438688 0 0 0 1 0 0 Schedule F, Part I, Line 3 The fair value of investments has been estimated using the net asset value per share of the investments and 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. X X X X X X 1 Meyer Partners LLC 1701 E Woodfield Rd Ste 425 Schaumburt IL 601735313 Consultant on direct mail programs 0 418155 49508 368647 Gonser Gerber LLP 1776 Legacy Cir Ste 100 Naperville IL 605631673 Fundraising Consultant 0 0 61144 -61144 418155 110652 307503 All States Bulldog Golf Classic 26730 19530 7200 500 2266 5000 4585 0 4405 0 0 26730 19530 7200 500 2266 5000 4585 0 4405 16756 -9556 1 Scholarships 2071 19116814 0 Schedule I, 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. X 1 1 X X 0 0 0 0 0 0 0 0 0 Brian Friedrich President 66880 0 0 0 0 0 164008 0 126486 0 357374 0 0 0 David Kumm Ex VP, CFO, COO 128698 0 0 0 0 0 33894 0 35520 0 198112 0 0 0 Jenny Mueller-Roebke Provost 50080 0 0 0 0 0 84730 0 76160 0 210970 0 0 0 Kurth Brashear VP Inst Adv/General Counsel 111011 0 0 0 0 0 15390 0 25964 0 152365 0 0 0 Schedule J, Part I, Line 1a As a qualified Minister of religion the following individual received housing allowance as a part of compensation; not reportable on form W-2; Brian Friedrich, this individual for IRS purposes in considered self-employed. A Nebraska Educational Health and Social Services Finance Authority 521293953 2013-11-15 1689580 Lease of Equipment 0 0 0 B Nebraska Educational Health and Social Services Finance Authority 521293953 2015-01-22 20045000 Refund prior issue (05/30/07) 0 0 0 A 112472 0 1689663 0 0 0 0 0 0 1689663 0 0 2015 0 0 1 1 B 1167694 0 20058400 0 0 0 204272 0 0 0 19854128 0 2009 0 1 1 1 A 0 0 0 0 0 1 0 0 B 0 0 0 0 0.022 0 0.022 1 0 1 A 0 0 1 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 A 0 B 0 Schedule K, Part II, Line 3-01/22/2015 20,045,000 Nebraska Educational Health and Social Services Fi The total proceeds do not agree to the issue price in Part I, Column (e) due to investment earnings. Schedule K, Part IV, Line 2c-11/15/2013 1,689,580 Nebraska Educational Health and Social Services Fi Date the Rebate Computation was Performed: 07/15/2015 Schedule K, Part IV, Line 2c-01/22/2015 20,045,000 Nebraska Educational Health and Social Services F Date the Rebate Computation was Performed: 10/01/2015 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 are necessary. - - 37844 Tuition Waiver Dependent Tuition Waiver Lynne Kumm Spouse of Officer 28060 Employee Salary Payment 0 Jessica Brashear Spouse of Officer 650 Employee Salary Payment 0 Meyer Partners LLC Independent Contractor 165868 Fundraising Consulting Services 0 Schedule L, Part IV All transactions with interested persons are at arm's length. Regent Bonnie Meyer is a partner in Meyer Partners LLC. X 25 309225 Average of High and Low X 1 80000 Appraisal of Real Property X Gift of Livestock 2 10142 Market Value X Gift of Grain 3 8792 Market Value 1 0 1 1 Schedule M, Part I, Line 32b Donors will transfer publicly traded stock into our Edward Jones account and Edward Jones will sell the stock and issue us payment. 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 25 stock donations from 17 donors, 2 gifts of livestock from 1 donor and 3 gifts of grain from 2 donors. Form 990, Part VI, Section A, Line 7a Four board members are elected by the Lutheran Church Missouri Synod in convention and four board members are elected by the NE District of the Lutheran Church Missouri Synod in convention, the President of the NE District of the Lutheran Church Missouri Synod is a regent 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 Board members. Form 990, Part VI, Section B, Line 12c 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 the chair of the Board are given copies of the board members signed policies and review is performed and conflicts noted. 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 market comparability is done in the Fall. This was last done in the Fall of 2015. Concordia uses State of Nebraska, CUPA_HR, GOPAC, CUS and AICUN data wen available for the comparability information. Form 990, Part VI, Section C, Line 19 At this time they are not readily available to the public. We would make them available for public inspection upon request. Form 990, Part IX, Line 11g Program Service Expenses: Contracted Foodservice - $2,673,092; Contracted Services for Graduate Recruiting - $5,610,865; Contracted Services for Buildings and Grounds/Security - $1,784,939; Athletic Officials - $64,105; Other Miscellaneous Contracted Services and Stipends - $428,384 Management Expenses: Contracted Foodservice - $11,572; Contracted Services for Buildings and Grounds/Security - $450,174; Other Miscellaneous Contracted Services - $154,675 Fundraising Expenses: Contracted Foodservice - $17,046; Contracted Services for Buildings and Grounds/Security - $15,756; Other Miscellaneous Contracted Services - $51,318 Form 990, Part XI, Line 9 Change in beneficial interest in split-interest agreements ($185,749); Change in beneficial interest in perpetual funds ($37,044) Concordia Foundation Nebraska 800 North Columbia Ave Seward NE 68434 476034005 See Part VII NE 501(c)3 Line 11, Type 1 N/A 0 Pooled Trust (5) 1333 South Kirkwood Road St Louis MO 63122 Pooled Trust MO - T Straight Unitrust (21) 1333 South Kirkwood Road St Louis MO 63122 Straight Trust MO - T Annuity Trust (3) 1333 South Kirkwood Road St Louis MO 63122 Annuity Trust MO - T Charitable Remainder Unitrust (1) 104 South 5th Street Seward NE 68434 Charitable Trust NE - T Simple Trust (1) 1333 South Kirkwood Road St Louis MO 63122 Simple Trust MO - T 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 Concordia Foundation Nebraska c 626156 Cost Schedule R, Part II Primary activity - promote the university through solicitation of funds to encourage various activities of the university. Filed form 8868 with the IRS and they approved the automatic 3 month extension.