2015-05-15T14:31:40-05:00 2014-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2013-07-01 952798775 CONCORDIA UNIVERSITY IRVINE CONC 9492143126 1530 CONCORDIA WEST IRVINE CA 926123203 KEVIN TILDEN CHIEF FINANCIAL OFFICER 9492143126 2015-05-14 1 LAWRENCE H MOHR CPA P00447603 6128764500 2015-05-14 2013 2016-02-25 16:41:14Z KEVIN TILDEN 1530 CONCORDIA WEST IRVINE CA 926123203 101336368 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. 15 15 1365 250 0 0 2153393 6652597 70810963 80069170 124040 1740017 74360 8460 73162756 88470244 15272332 17565559 0 0 31014734 34762086 20000 20000 20000 22926835 24651783 69233901 76999428 3928855 11470816 107802635 120466752 44040267 42541262 63762368 77925490 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 41462417 17565559 71264596 INSTRUCTION - DIVISIONAL:INSTRUCTION, INCLUDES GRANTS AND ALLOCATIONS. CONCORDIA UNIVERSITY CURRENTLY HAS 2,038 UNDERGRADUATE STUDENTS AND 2,456 GRADUATE STUDENTS. 17322232 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. 6451824 8804574 AUXILIARY SERVICES:AUXILIARY ENTERPRISES AT CONCORDIA ARE GENERALLY COMPRISED OF RESIDENCE HALLS, A DINING HALL, AND A SNACK SHOP. 65236473 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 163 0 1365 1 0 1 CH 0 0 0 1 1 0 0 0 0 X 15 15 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 PAUL BELDEN BOARD MEMBER 1.00 X 0 0 0 CARYN BORLAND BOARD MEMBER 1.00 X 0 0 0 STEVEN BUUCK SECRETARY 1.00 X X 0 0 0 JOHN FRIEND BOARD MEMBER 1.00 X 0 0 0 ELMER GOODING CHAIR 1.00 X X 0 0 0 JAMES HENKELL BOARD MEMBER 1.00 X 0 0 0 PETER KS LEE BOARD MEMBER 1.00 X 0 0 0 RONALD R LEVESQUE BOARD MEMBER 1.00 X 0 0 0 HEATHER MANNING BOARD MEMBER 1.00 X 0 0 0 MICHAEL MOREHOUSE BOARD MEMBER 1.00 X 0 0 0 SANDRA OSTAPOWICH BOARD MEMBER 1.00 X 0 0 0 CYNTHIA STEINBECK BOARD MEMBER 1.00 X 0 0 0 LARRY STOTERAU BOARD MEMBER 1.00 X 0 0 0 DONALD TIETJEN VICE CHAIR 1.00 X 0 0 0 RICHARD VIE BOARD MEMBER 1.00 X 0 0 0 AUDREY WILLIAMS BOARD MEMBER 1.00 X 0 0 0 KURT KRUEGER PRESIDENT 40.00 4.00 X 223265 0 87977 MARY SCOTT PROVOST & EXEC VP 40.00 X 177050 0 20275 KEVIN TILDEN EXECUTIVE VP, CFO 40.00 4.00 X 166887 0 34087 GARY MCDANIEL EXEC VP & CHIEF ENROLLMENT OFFICER 40.00 X 147189 0 24976 EUGENE KIM ASSOC PROF & DEAN ASIA STUDIES 40.00 X 181124 0 11444 TIMOTHY PREUSS DEAN SCHOOL OF ARTS & SCIENCES 40.00 X 137537 0 19638 STEPHEN CHRISTENSEN EXEC VP FOR EXTERNAL RELATIONS 40.00 X 143166 0 32020 RONALD VAN BLARCOM ASSOCIATE VP OF UNIVERSITY SVCS 40.00 X 156035 0 24085 DEAN VIESELMEYER PROF THEOLOGY & DIR ONLINE MCAA 40.00 X 154266 0 17783 1486519 0 272285 35 0 1 0 BON APPETIT 1000 WEST TEMPLE STREET LOS ANGELES CA 90074 FOOD SERVICE 2622366 ARAMARK FACILITIES SERVICES 24818 NETWORK PL CHICAGO IL 606731248 FACILITIES MAINTENANCE 2099571 K-12 TEACHERS ALLIANCE 20624 ABBEY WOODS FRANKFORT IL 60423 RECRUITMENT SERVICES 1637189 TRUSTED TECHNICAL SOLUTIONS LLC PO BOX 902 WHITE SALMON WA 98672 IT SUPPORT SERVICES 583251 SEMTRAK INC 25202 VIA LAS PALMAS LAGUNA NIGUEL CA 92677 SEARCH ENGINE MARKETING SERVICES 404645 31 210300 6442297 6652597 TUITION AND FEES 611710 71264596 71264596 HOUSING & STUDENT FOOD SERVICES 611710 8172572 8172572 AUXILIARY SERVICES 611710 632002 632002 80069170 486907 486907 521570 574284 -52714 -52714 -52714 13544950 12291840 1253110 1253110 1253110 OTHER REVENUE 900099 61174 61174 61174 88470244 80069170 0 1748477 17565559 17565559 744888 744888 27608265 24758946 2849319 2128726 1818566 310160 2769062 2447018 322044 1511145 1314795 196350 29435 29435 82645 82645 20000 20000 47260 47260 7024520 6040652 983868 2387558 2387558 242787 96044 146743 917959 69491 848468 2226708 1472192 754516 1671665 1601832 69833 182143 154611 27532 657333 657333 3913265 2616182 1297083 590351 40363 549988 PROGRAM ACTIVITY 2901152 2852664 48488 FORGIVENESS OF FND. EXP 952419 952419 BANK FEES 510918 510918 BAD DEBT EXPENSE 313665 313665 76999428 65236473 11742955 20000 1785202 1720727 14429651 22605533 10100195 8664086 2245079 1533698 106331 106331 204815 742241 1391409 107183354 48267528 59689178 58915826 12235243 17265159 6264700 8263983 107802635 120466752 4446679 4674642 4620587 5421145 27259750 27124750 2620000 84850 70709 5008401 5250016 44040267 42541262 X 35969887 42852207 15568840 17430502 12223641 17642781 63762368 77925490 107802635 120466752 X 11470816 363799 2328507 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125841 X 0 11799616 4817440 1970517 273879 18313694 9996166 624174 1414998 235722 11799616 12016630 401971 -44815 160938 12212848 10337396 91352 1674682 86800 12016630 9190027 314334 833035 10337396 0 0 924839 924839 85741507 37822236 47919271 11340758 5804324 5536434 6414722 3932769 2481953 2761528 708199 2053329 58915826 INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY FOUNDATION 5571911 BENEFICIAL INTEREST IN PERPETUAL FUNDS 951478 BENEFICIAL INTEREST IN SPLIT INT AGREEMENTS 1194651 UNAMORTIZED BOND ISSUE COSTS 155085 CASH SURRENDER VALUE OF LIFE INSURANCE 390858 8263983 INTEREST RATE EXCHANGE LIABILITY 2126503 ENDOWMENT ASSETS HELD FOR CONCORDIA UNIVERSITY FOUNDATION 3123513 5250016 X 73171596 363799 2902791 3266590 69905006 47260 18517978 18565238 88470244 59008474 574284 574284 58434190 47260 18517978 18565238 76999428 PART III, LINE 4: THE ART COLLECTION IS HELD BY CONCORDIA 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 OF CONCORDIA UNIVERSITY, IRVINE TO FURTHER THEIR RESPECTIVE EDUCATIONAL GOALS. 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, 2014 AND 2013. THE UNIVERSITYS TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR FISCAL YEAR 2011 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 15,291. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL FUNDS 62,199. DIRECT RENTAL EXPENSES 574,284. UNREALIZED GAIN ON INTEREST RATE EXCHANGE AGREEMENT 200,710. CHANGE IN INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY IRVINE FOUNDATION 2,050,307. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 17,565,559. FORGIVENESS TO CONCORDIA UNIVERSITY FOUNDATION 952,419. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 574,284. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 17,565,559. FORGIVENESS TO CONCORDIA UNIVERSITY FOUNDATION 952,419. PART V, ENDOWMENT FUNDS: BEGINNING BALANCE FOR 6-30-13 INCLUDES ONLY THE ENDOWMENT VALUE OF THE UNIVERSITY ENDOWMENTS. IN PRIOR YEARS THIS SCHEDULE ALSO INCLUDED CONCORDIA UNIVERSITY IRVINE FOUNDATION ENDOWMENT FUND. 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 PERKINS STUDENT LOAN PROGRAM, FEDERAL WORK STUDY PROGRAM, PELL GRANT PROGRAM, AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM. EAST ASIA AND THE PACIFIC 1 2 PROGRAM SERVICES DEVELOP MEANINGFUL RELATIONSHIPS WITH CHINESE BUSINESS LEADERS, EDUCATORS, PROFESSIONALS AND COMMUNITY MEMBERS FOR THE BENEFIT OF STUDENT INTERNSHIPS IN THE PEOPLE'S REPUBLIC OF CHINA. 357468 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES WIRE TRANSFERS FOR STUDENT EXPENSES 320 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES WIRE TRANSFERS FOR STUDENT EXPENSES 15339 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES WIRE TRANSFERS FOR STUDENT EXPENSES 50513 1 2 0 0 1 2 423640 0 423640 0 0 1 0 0 0 X X 1 JAYNE JONES W5758 BAYSIDE DRIVE SPOONER WI 54801 GRANT WRITER 0 0 20000 -20000 20000 -20000 CA 1 TUITION DISCOUNT 1617 17565559 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 COLLEGE OR BY DONORS OF RESTRICTED FUNDS. THE OFFICE OF FINANCIAL AID IS ACCOUNTABLE FOR MONITORING AND DISBURSING ALL FINANCIAL ASSISTANCE TO STUDENT ACCOUNTS. X 0 0 X X X X 0 0 0 0 0 0 0 0 0 KURT KRUEGER PRESIDENT 197166 0 0 0 26099 0 24831 0 63146 0 311242 0 0 0 MARY SCOTT PROVOST & EXEC VP 162246 0 2000 0 12804 0 16684 0 3591 0 197325 0 0 0 KEVIN TILDEN EXECUTIVE VP, CFO 162543 0 2000 0 2344 0 17080 0 17007 0 200974 0 0 0 GARY MCDANIEL EXEC VP & CHIEF ENROLLMENT OFFICER 133614 0 2000 0 11575 0 14147 0 10829 0 172165 0 0 0 EUGENE KIM ASSOC PROF & DEAN ASIA STUDIES 83480 0 400 0 97244 0 9454 0 1990 0 192568 0 0 0 TIMOTHY PREUSS DEAN SCHOOL OF ARTS & SCIENCES 90668 0 400 0 46469 0 12721 0 6917 0 157175 0 0 0 STEPHEN CHRISTENSEN EXEC VP FOR EXTERNAL RELATIONS 133812 0 2000 0 7354 0 15337 0 16683 0 175186 0 0 0 RONALD VAN BLARCOM ASSOCIATE VP OF UNIVERSITY SVCS 153740 0 400 0 1895 0 16162 0 7923 0 180120 0 0 0 DEAN VIESELMEYER PROF THEOLOGY & DIR ONLINE MCAA 108629 0 400 0 45237 0 10738 0 7045 0 172049 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 $48,000 WHICH IS THE APPROXIMATE ANNUAL RENTAL VALUE OF THE HOUSE IN WHICH THE PRESIDENT RESIDES. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2011-12-08 31275000 REFUND PRIOR ISSUED BONDS 0 0 0 A 4150250 31275000 320000 30955000 2011 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 1 A 0 TIMOTHY PREUSS DEAN SCHOOL OF ARTS & SCIENCE HOME FINANCE X 106331 106331 0 1 1 106331 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, INVESTMENT 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 ALL EXTERNAL FINANCIAL REPORTING AND THE ANNUAL AUDIT PROCESS. (3) COMPENSATION COMMITTEE - CHARGED WITH THE REVIEW AND APPROVAL OF ALL 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 11 THE BOARD ASSIGNS AUTHORITY TO THE FINANCE COMMITTEE TO PERFORM A THOROUGH 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 DIRECTORS 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 WATSON AND WYATT 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 200,710. CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 15,291. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL FUNDS 62,199. CHANGE IN INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY IRVINE FOUNDATION 2,050,307. 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 IRVINE 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 ROLE AND TIME SPENT ON EACH ORGANIZATIONS' ACTIVITIES. CONCORDIA UNIVERSITY IRVINE FOUNDATION 1530 CONCORDIA WEST IRVINE CA 92612 237326171 FUNDRAISING FOR CONCORDIA UNIVERSITY CA 501(C)(3) LINE 11A, 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 0 0 0 CONCORDIA UNIVERSITY FOUNDATION O 1313189 FAIR MARKET VALUE CONCORDIA UNIVERSITY FOUNDATION B 952419 ACTUAL COST/EXPENSES