2013-05-15T12:59:39-05:00 2012-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST STE 2300 MINNEAPOLIS MN 55402 990 2011-07-01 952798775 CONCORDIA UNIVERSITY IRVINE CONC 9492143126 1530 CONCORDIA WEST IRVINE CA 926123203 KEVIN TILDEN 9492143126 2013-05-15 1 LAWRENCE H MOHR CPA P00447603 6128764500 2011 2016-02-25 16:41:14Z KEVIN TILDEN 1530 CONCORDIA WEST IRVINE CA 926123203 78099028 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. 18 18 1131 50 0 0 1876229 11754737 58113010 64355341 917252 490054 219085 69041 61125576 76669173 13413114 14168765 0 0 23082374 27019593 0 0 0 20698613 21298442 57194101 62486800 3931475 14182373 88488927 100188825 44335283 43339825 44153644 56849000 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 32898920 14168765 55510528 INSTRUCTION - DIVISIONAL:INSTRUCTION, INCLUDES GRANTS AND ALLOCATIONS. CONCORDIA UNIVERSITY CURRENTLY HAS 1,649 UNDERGRADUATE STUDENTS AND 1,735 GRADUATE STUDENTS. 13989300 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. 6002142 8844813 AUXILIARY SERVICESAUXILIARY ENTERPRISES AT CONCORDIA ARE GENERALLY COMPRISED OF RESIDENCE HALLS, A DINING HALL, AND A SNACK SHOP. 52890362 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 1 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 161 0 1131 1 0 1 CH 0 0 0 1 1 0 0 0 0 X 18 18 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 KRUEGER DR KURT 40.00 X X 209099 0 81933 BELDEN PAUL C 1.00 X 0 0 0 DARGATZ REV ROBERT A 1.00 X 0 0 0 FINK DR MARY E 1.00 X 0 0 0 FRIEND JOHN 1.00 X 0 0 0 GOLTER REV RANDALL L 1.00 X 0 0 0 GOODING DR ELMER R 1.00 X 0 0 0 KLITZING RACHEL 1.00 X 0 0 0 LEICHTFUSS DAVID 1.00 X 0 0 0 MANNING HEATHER H 1.00 X 0 0 0 MOREHOUSE REV MICHAEL A 1.00 X 0 0 0 NEWTON REV DR ROBERT D 1.00 X 0 0 0 OLSON CRAIG W 1.00 X 0 0 0 OSTAPOWICH SANDRA 1.00 X 0 0 0 PIPER GLEN 1.00 X 0 0 0 STACKER PATRICK 1.00 X 0 0 0 STEINBECK CYNTHIA 1.00 X 0 0 0 STOTERAU REV DR LARRY A 1.00 X 0 0 0 TIETJEN DONALD G 1.00 X 0 0 0 WALKER DANIEL 1.00 X 0 0 0 WILLIAMS DR AUDREY G 1.00 X 0 0 0 TILDEN KEVIN 40.00 X 156361 0 32310 SCOTT MARY 40.00 X 159435 0 16768 MCDANIEL GARY 40.00 X 136149 0 22510 KIM EUGENE 40.00 X 154217 0 6559 VIESELMEYER DEAN 40.00 X 153119 0 8778 PREUSS TIMOTHY 40.00 X 150259 0 10405 BACHMAN JAMES 40.00 X 128208 0 15964 CATTAU CURT 40.00 X 126781 0 15224 1373628 0 210451 28 0 1 0 BON APPETIT 1000 WEST TEMPLE STREET LOS ANGELES CA 90074 FOOD SERVICE 2423898 ARAMARK FACILITIES SERVICES 24818 NETWORK PL CHICAGO IL 606731248 FACILITIES MAINTENANCE 1892379 K-12 TEACHERS ALLIANCE 20624 ABBEY WOODS FRANKFORT IL 60423 RECRUITMENT SERVICES 1188216 TRUSTED TECHNICAL SOLUTIONS LLC PO BOX 902 WHITE SALMON WA 98672 IT SUPPORT SERVICES 385349 POWER PRO PLUMBING PO BOX 6970 TORRANCE CA 90504 PLUMBING SERVICES 307873 18 348772 210495 11195470 57000 11754737 TUITION AND FEES 611710 55510528 55510528 HOUSING & STUDENT FOOD 611710 7941019 7941019 AUXILIARY SERVICES 611710 903794 903794 64355341 455527 455527 451827 537832 -86005 -86005 -86005 926550 892023 34527 34527 34527 OTHER REVENUE 900099 155046 155046 155046 76669173 64355341 0 559095 14168765 14168765 675179 675179 21483324 19608870 1874454 1633408 1398900 234508 2052785 1832639 220146 1174897 939239 235658 71581 71581 81107 81107 31658 31658 6311511 4948698 1362813 1640932 1640932 349194 140978 208216 827044 152690 674354 1066083 685001 381082 1163618 1091984 71634 93542 87486 6056 895736 725546 170190 3328178 2562697 765481 387588 22524 365064 PROGRAM ACTIVITY 1522094 1493338 28756 BOND INT. & REL FEES 1093992 1093992 EQUIPMENT RENTAL 948158 943023 5135 FORGIVENESS OF FND. EXP 682951 682951 803475 447052 356423 62486800 52890362 9596438 0 822853 78100 3878669 9924269 3290737 10874265 1789225 1566339 106331 106331 174955 355368 594365 591337 104998695 43798656 62911590 61200039 8802678 9704314 6117524 5788463 88488927 100188825 3107806 3777753 4920422 4053013 33925000 29544750 2620000 116441 116441 2265614 3227868 44335283 43339825 X 25553963 29836324 7444223 15464049 11155458 11548627 44153644 56849000 88488927 100188825 X 14182373 -1487017 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125841 X 0 12016630 401971 -44815 160938 12212848 10337396 91352 1674682 86800 12016630 9190027 314334 833035 10337396 10726670 491407 -1708050 320000 9190027 0.00000 1.00000 0.00000 0 1 1 1031439 1031439 85858931 33394150 52464781 9570246 4220977 5349269 8255792 6183529 2072263 282287 282287 61200039 INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY FOUNDATION 3050575 BENEFICIAL INTEREST IN PERPETUAL FUNDS 872105 BENEFICIAL INTEREST IN SPLIT INT AGREEMENTS 1204069 UNAMORTIZED BOND ISSUE COSTS 283431 CASH SURRENDER VALUE OF LIFE INSURANCE 378283 5788463 INTEREST RATE EXCHANGE LIABILITY 3227868 3227868 76669173 62486800 14182373 -345871 -1141146 -1487017 12695356 60836614 -345871 -603314 -949185 61785799 31658 14851716 14883374 76669173 48141258 537832 537832 47603426 31658 14851716 14883374 62486800 PART III, LINE 4: THE ART COLLECTION IS HELD BY CONCORDIA SOLELY FOR THE PRESERVATION/BENEFIT FOR FUTURE GENERATIONS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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, 2012 AND 2011. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR FISCAL YEAR 2009 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INTEREST RATE EXCHANGE AGREEMENT -962,254. CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 51,172. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL FUNDS -13,219. CHANGE IN INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY IRVINE FOUNDATION -216,845. TOTAL TO SCHEDULE D, PART XI, LINE 8: -1,141,146. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 51,172. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL FUNDS -13,219. DIRECT RENTAL EXPENSES 537,832. UNREALIZED LOSS ON INTEREST RATE EXCHANGE AGREEMENT -962,254. CHANGE IN INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY IRVINE FOUNDATION -216,845. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 14,168,765. FORGIVENESS TO CONCORDIA UNIVERSITY FOUNDATION 682,951. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 537,832. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 14,168,765. FORGIVENESS TO CONCORDIA UNIVERSITY FOUNDATION 682,951. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE STATEMENT OF NON-DISCRIMINATORY POLICY IS PUBLISHED IN THE UNIVERSITY'S CATALOG, HANDBOOK & ALL PROMOTIONAL PUBLICATIONS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE 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. 344045 1 2 0 0 1 2 344045 0 344045 0 0 0 0 0 0 1 TUITION DISCOUNT 1453 14168765 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 KRUEGER DR KURT 187544 0 0 0 21555 0 16573 0 65360 0 291032 0 0 0 TILDEN KEVIN 152099 0 2000 0 2262 0 13833 0 18477 0 188671 0 0 0 SCOTT MARY 146647 0 2000 0 10788 0 13511 0 3257 0 176203 0 0 0 MCDANIEL GARY 123147 0 2000 0 11002 0 11344 0 11166 0 158659 0 0 0 KIM EUGENE 74000 0 0 0 80217 0 6559 0 0 0 160776 0 0 0 VIESELMEYER DEAN 94877 0 200 0 58042 0 8778 0 0 0 161897 0 0 0 PREUSS TIMOTHY 112413 0 200 0 37646 0 10405 0 0 0 160664 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. CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2011-12-08 31275000 REFUND PRIOR ISSUED BONDS 0 0 0 1730250 31275000 30955000 320000 2011 1 0 1 1 0 0 0 0 1 0 1 1 THIRD FIFTH BANK 17.000000000000 0 0 0 0 0 TIMOTHY PREUSS HOME FINANCE X 106331 106331 0 1 1 106331 FARMERS AND MERCHANTS BANK UNIVERSITY BOARD OF REGENT IS AN OFFICER OF THE BANK DAN WALKER, WHO SERVES AS A UNIVERSITY BOARD OF REGENT, IS ALSO THE PRESIDENT OF FARMERS AND MERCHANTS BANK. THE UNIVERSITY MAINTAINS SEVERAL ACCOUNTS AT THE BANK WHICH ARE USED FOR GENERAL OPERATING PURPOSES IN THE NORMAL COURSE OF BUSINESS. THERE WERE NO ACCOUNT MAINTENANCE FEES CHARGED TO THE UNIVERSITY DURING THE FISCAL YEAR. 0 X GRAND PIANO 1 57000 1 0 1 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, 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 LOCAL LUTHERAN CONGREGATIONS. A REPRESENTATIVE OF THE CONGREGATIONS IS APPOINTED WHO IN TURN VOTES FOR THREE 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 DIRECTORS, 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 HOUSED ON THE HUMAN RESOURCES WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -345,871. UNREALIZED LOSS ON INTEREST RATE EXCHANGE AGREEMENT -962,254. CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 51,172. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL FUNDS -13,219. CHANGE IN INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY IRVINE FOUNDATION -216,845. TOTAL TO FORM 990, PART XI, LINE 5: -1,487,017. 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. W-2 & 1099 REPORTING 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 CHARITABLE REMAINDER UNITRUSTS (6) CHARITABLE TRUST CA T POOLED TRUSTS (16) CHARITABLE TRUST CA T NET INCOME WITH MAKEUP CHARITABLE TRUST (2) CHARITABLE TRUST CA T 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 CONCORDIA UNIVERSITY FOUNDATION C 348772 CASH GRANT CONCORDIA UNIVERSITY FOUNDATION N 991053 FAIR MARKET VALUE CONCORDIA UNIVERSITY FOUNDATION B 682951 ACTUAL COST/EXPENSES