2012-05-10T13:24:23-05:00 2011-06-30 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST STE 2300 MINNEAPOLIS MN 55402 990 2010-07-01 741161941 CONCORDIA UNIVERSITY TEXAS CONC 5123133000 11400 CONCORDIA UNIVERSITY DRIVE AUSTIN TX 78726 PAMELA LEE 5123133000 2012-04-26 LAWRENCE H MOHR CPA 6128764500 2010 2016-02-24 21:20:13Z THOMAS CEDEL 11400 CONCORDIA UNIVERSITY DRIVE AUSTIN TX 78726 41709305 0 X WWW.CONCORDIA.EDU X 1926 TX PROVIDING 4 YEAR UNDERGRADUATE PROGRAMS AND MASTER DEGREE PROGRAMS IN EDUCATION AND BUSINESS. 17 17 822 25 0 0 5725335 4761694 29933807 35765447 289089 214674 -121776 140098 35826455 40881913 8231263 9281911 0 0 14646610 16209939 13122 0 1131008 13410403 14627065 36301398 40118915 -474943 762998 103945931 105758514 40537729 38845871 63408202 66912643 PROVIDING 4 YEAR UNDERGRADUATE PROGRAMS AND MASTER DEGREE PROGRAMS IN EDUCATION AND BUSINESS. 0 0 33298410 9281911 33781557 HIGHER EDUCATION: THE UNIVERSITY'S PRIMARY PURPOSE IS TO PROVIDE A FOUR-YEAR UNDERGRADUATE PROGRAM LEADING TO A DEGREE IN VARIOUS DISCIPLINES AND TO SUPPORT THESE DISCIPLINES WITH CONTINUING EDUCATION. IN ADDITION, THE UNIVERSITY OFFERS GRADUATE PROGRAMS LEADING TO A MASTERS DEGREE IN EDUCATION AND BUSINESS. ALL EXPENDITURES RELATE TO THE EDUCATIONAL PROGRAM. (2500 STUDENTS) 33298410 1 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3192 0 1 822 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 TX X CONCORDIA UNIVERSITY TEXAS 5123133000 11400 CONCORDIA UNIVERSITY DRIVE AUSTIN TX 78726 MARK HAZELWOOD 2.00 X 0 0 0 REV KEITH HENNINGS 2.00 X 0 0 0 REBECCA KIESCHNICK 2.00 X 0 0 0 DR MAX KIELSING 2.00 X 0 0 0 NOREEN LINKE 2.00 X 0 0 0 KRISTI MATUS 2.00 X 0 0 0 ED MOERBE 2.00 X 0 0 0 ROBYN ROBERTS 2.00 X 0 0 0 DANIEL SCHAEFER 2.00 X 0 0 0 KEITH WEISER 2.00 X 0 0 0 ALAN WERCHAN 2.00 X 0 0 0 QUENTIN ANDERSON 2.00 X 0 0 0 BARRY BURGDORF 2.00 X 0 0 0 ALBERT CARRION 2.00 X 0 0 0 REV ALLEN DOERING 2.00 X 0 0 0 REV MICHAEL DORN 2.00 X 0 0 0 STEPHEN EGGOLD 2.00 X 0 0 0 THOMAS E CEDEL 40.00 X 166900 0 26124 PAMELA J LEE 40.00 X 103753 0 17254 ALAN P RUNGE 40.00 X 32322 0 83083 270653 0 43378 2 0 1 0 K-12 TEACHERS ALLIANCE 20624 ABBEY WOODS COURT NORTH FRANKFORT IL 60423 GRADUATE STUDENT RECRUITMENT 1973832 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 FOOD SERVICE/CAFETERIA 993190 CITY WIDE MAINTENANCE OF AUSTIN LLC 442 BREESPORT SAN ANTONIO TX 78216 JANITORIAL 336700 CONCORDIA UNIVERSITY SYSTEM 1333 S KIRKWOOD RD ST LOUIS MO 63122 ADMINISTRATIVE DATABASE MANAGEMENT 315731 EVANS CONSULTING GROUP 7852 EAGLE RANCH RD FORT COLLINS CO 80528 PROCESS OPTIMIZATION CONSULTING 190911 11 44743 2436068 2280883 4761694 TUITION AND FEES 611310 35765447 33781557 1983890 35765447 261657 261657 89363 89363 163791 335133 -171342 -171342 -171342 370057 417040 -46983 -46983 -46983 75219 44743 75219 0 OTHER REVENUES 611710 118264 118264 COMMISSIONS 611710 56981 56981 FINES, PENALTIES & OTH 611710 36557 36557 10275 10275 222077 40881913 33781557 0 2338662 9281911 9281911 235772 235772 12514638 10128332 1870601 515705 800511 583997 173027 43487 1888205 1446674 327998 113533 770813 611546 125754 33513 8666 8666 69050 69050 2380686 2179325 201361 449507 41535 404765 3207 1601400 1065260 471241 64899 518328 330236 119285 68807 2717016 2341614 339304 36098 1007261 736261 122263 148737 1622758 1330662 261264 30832 2192335 1755898 390193 46244 230272 177104 34773 18395 FOOD SERVICE & OTHER AU 811559 811559 BAD DEBT 471435 471435 STUDENT SUPPORT 310332 310332 0 OTHER 236460 166164 62745 7551 40118915 33298410 5689497 1131008 1004598 1925151 3423760 588331 747306 239551 602079 873136 93807 197092 91551206 7290125 85109822 84261081 9702916 13418883 3261643 4255289 103945931 105758514 2070942 1595421 1631228 1654533 35000000 34265000 1835559 1330917 40537729 38845871 X 46910075 49771041 1888945 1237328 14609182 15904274 63408202 66912643 103945931 105758514 X 762998 2741443 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 250.00 1 325.00 38000 1 X X X 0 12912918 889830 2594169 270470 20985 16105462 11085852 616021 1501985 266405 24535 12912918 12987193 426039 -1990348 309378 27654 11085852 0.00500 0.97800 0.01700 1 0 160000 20785000 20945000 65808820 4469019 61339801 4750728 2821106 1929622 46658 46658 84261081 INTEREST RATE EXCHANGE LIABILITY 1142487 DEPOSITS HELD IN CUSTODY FOR OTHERS 188430 1330917 40881913 40118915 762998 1984454 756989 2741443 3504441 34676578 1984454 1092122 3076576 31600002 9281911 9281911 40881913 31172137 335133 335133 30837004 9281911 9281911 40118915 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: THE EXPENSES ASSOCIATED WITH THE EASEMENT ARE INCLUDED AS ADMINISTRATIVE EXPENSES ON THE STATEMENT OF ACTIVITIES. THE LAND VALUE, AT HISTORICAL COST, IS INCLUDED IN PROPERTY, PLANT & EQUIPMENT ON THE STATEMENTS OF FINANCIAL POSITIONS. PART III, LINE 4: THE UNIVERSITY'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR EDUCATIONAL, RESEARCH AND SCIENTIFIC CURATORIAL PURPOSES. THE UNIVERSITY'S COLLECTIONS ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENTS OF FINANCIAL POSITION, AND CONTRIBUTIONS OF COLLECTIONS ARE NOT REFLECTED IN THE STATEMENTS OF ACTIVITIES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE UNIVERSITY'S ENDOWMENTS CONSISTS OF APPROXIMATELY 300 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. MAJORITY OF THE EARNINGS ARE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS ATTENDING THE UNIVERSITY. A SMALL PERCENTAGE OF THE EARNINGS IS USED FOR OPERATIONAL SUPPORT AND EXPENSES. 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, 2011 AND 2010. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. THE TAX RETURNS FOR THE CURRENT YEAR AS WELL AS FISCAL YEARS 2008 THROUGH 2010 ARE OPEN TO EXAMINATION BY FEDERAL AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 19,947. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERP. TRUST 392,236. NET GAIN ON VALUATION OF INTEREST RATE EXCHANGE AGREEMENT 344,806. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 335,133. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 19,947. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERP. TRUST 392,236. NET GAIN ON VALUATION OF INTEREST RATE EXCHANGE AGREEMENT 344,806. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 9,281,911. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 335,133. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 9,281,911. 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 CONCORDIA PUBLICIZES ITS NONDISCRIMINATORY POLICY ANNUALLY IN THE LOCAL NEWSPAPER "AUSTIN AMERICAN STATESMAN" AND "FOUR POINT NEWS", WHICH STATES "CONCORDIA UNIVERSITY TEXAS ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE COLLEGE OR UNIVERSITY. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL, AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER COLLEGE OR UNIVERSITY-ADMINISTERED PROGRAMS." EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 STUDENTS INTERESTED IN APPLYING FOR FINANCIAL ASSISTANCE MUST SUBMIT A FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) AND CONCORDIA'S APPLICATION FOR FINANCIAL AID. CHURCH-WORK STUDENTS MUST ALSO COMPLETE A DECLARATION OF INTENT FROM THEIR HOME CHURCH. WHEN ALL REQUIRED FORMS HAVE BEEN RECEIVED IN THE OFFICE OF STUDENT FINANCIAL SERVICES, THE STUDENT'S ELIGIBILITY IS COMPUTED BASED ON A FORMULA ARRIVING AT A CONTRIBUTION TO BE MADE BY THE FAMILY AND THE STUDENT TOWARDS EDUCATIONAL COSTS. AN AWARD PACKAGE IS THEN CONSTRUCTED BY THE OFFICE OF STUDENT FINANCIAL SERVICES THROUGH COMBINATIONS OF SCHOLARSHIPS, GRANTS, LOANS, AND WORK STUDY PROGRAMS AND IN ACCORDANCE WITH FEDERAL, STATE INSTITUTIONAL AND DONOR REQUIREMENTS. ELIGIBILITY FOR FINANCIAL ASSISTANCE REQUIRES THAT A STUDENT BE ACCEPTED FOR ADMISSION AND MAINTAIN SATISFACTORY ACADEMIC PROGRESS ACCORDING TO THE STANDARDS FOR SATISFACTORY ACADEMIC PROGRESS. ANNUAL SCHOLARSHIP 90816 25202 65614 48300 4762 12552 ATHLETIC GOLF TEAM 29146 19541 9605 9381 224 119962 44743 75219 57681 4762 12776 75219 0 1 STATE GRANTS - TEG (TUITION EQUALIZATION GRANT) TEXAS HIGHER EDUCATION 640 2256786 FEDERAL GRANTS - FSEOG, LEAP AND SLEAP GRANTS PROVIDED TO STUDENTS AS SCHOLARSHIPS 55 128358 SCHOLARSHIPS FUNDED BY GIFTS AND/OR ENDOWMENT EARNINGS FROM VARIOUS DONORS. SEE SCHEDULE B FOR DONOR LISTING. 80 540382 SCHOLARSHIPS FUNDED BY CONCORDIA'S OPERATING BUDGET 920 6356385 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENTS INTERESTED IN APPLYING FOR FINANCIAL ASSISTANCE MUST SUBMIT A FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) AND CONCORDIA'S APPLICATION FOR FINANCIAL AID. CHURCH-WORK STUDENTS MUST ALSO COMPLETE A DECLARATION OF INTENT FROM THEIR HOME CHURCH. WHEN ALL REQUIRED FORMS HAVE BEEN RECEIVED IN THE OFFICE OF STUDENT FINANCIAL SERVICES (SFS), SFS COMPUTES THE STUDENT'S ESTIMATED FAMILY CONTRIBUTION (EFC) AND COMPILES AN AWARD PACKAGE OF SCHOLARSHIPS, GRANTS, LOANS AND WORK STUDY PROGRAMS. ELIGIBILITY FOR FINANCIAL ASSISTANCE REQUIRES THAT A STUDENT BE ACCEPTED FOR ADMISSION OR ENROLLED AND MAINTAIN SATISFACTORY ACADEMIC PROGRESS ACCORDING TO ESTABLISHED STANDARDS. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 THOMAS E CEDEL 142551 0 0 0 24349 0 16325 0 9799 0 193024 0 0 0 CRAWFORD EDUCATION FACILITIES AUTHORITY 721536594 22510PAB7 2010-09-24 35000000 PROCEEDS USED TO CURRENTLY REFUND PRIOR ISSUE ON 9/19/2007 0 0 0 35000000 35000000 2010 1 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 1 WELLS FARGO 3.000000000000 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B MINUTES ARE NOT AVAILABLE FOR SUB-COMMITTEES OF THE BOARD OF REGENTS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PRESENTED FOR REVIEW TO THE BOARD OF REGENTS' FINANCE COMMITTEE CHAIR, WHO SHARES HIGHLIGHTS OF THE FORM 990 WITH THE OTHER BOARD MEMBERS AS APPLICABLE. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY REQUESTS AND VERIFIES THAT IT HAS A SIGNED CONFLICT OF INTEREST STATEMENT WHEN AN EMPLOYEE IS HIRED. STATEMENTS ARE ALSO COLLECTED ANNUALLY FROM BOARD MEMBERS AND EMPLOYEES AND RECEIPT IS VERIFIED. FORM 990, PART VI, SECTION B, LINE 15 DURING THE NOVEMBER MEETING, CONCORDIA'S BOARD OF REGENTS DOES AN ANNUAL PERFORMANCE APPRAISAL OF THE PRESIDENT, THOMAS CEDEL. THE BOARD VOTES ON AND APPROVES THE APPLICABLE RAISE AMOUNT AFTER IT REVIEWS THE SALARY AMOUNTS AGAINST COMPARABLE INSTITUTIONS AS NOTED ON THE CUPA SURVEY AND OTHER COMPARABLE DATA. THE BOARD IS NOT PAID SO NO SALARY REVIEW IS DEEMED NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 TAX RETURN IS PROVIDED UPON REQUEST OR THROUGH THE GUIDESTAR.ORG WEBSITE, WHICH CONTAINS FINANCIAL AND GOVERNING INFORMATION. GENERAL INFORMATION IS AVAILABLE TO THE PUBLIC THROUGH THE WEBSITE WWW.CONCORDIA.EDU. ADDITIONAL INFORMATION MAY BE PROVIDED UPON WRITTEN REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,984,454. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 19,947. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERP. TRUST 392,236. NET GAIN ON VALUATION OF INTEREST RATE EXCHANGE AGREEMENT 344,806. TOTAL TO FORM 990, PART XI, LINE 5: 2,741,443. FORM 990, PART XII, LINE 2C THE SELECTION AND OVERSIGHT PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS HAVE NOT CHANGED FROM THE PRIOR YEAR.