2012-05-14T15:02:52-05:00 2011-06-30 SELLERS RICHARDSON HOLMAN & WEST LLP 216 SUMMIT BOULEVARD STE 300 BIRMINGHAM AL 35243 990 2010-07-01 630389941 LUTHERAN CHURCH MISSOURI SYNOD CONCORDIA COLLEGE LUTH 3348745700 1804 GREEN STREET SELMA AL 367033300 DEXTER JACKSON 3348745700 2012-05-15 1 MATT L GRIFFITH 2052780001 2012-05-14 2010 2016-02-24 21:20:13Z DR TILAHUN MENDEDO 202 DEEP WOOD DR VALLY GRAND AL 36701 11416849 0 X WWW.CONCORDIASELMA.EDU X 1922 AL CONCORDIA COLLEGE IS A FOUR YEAR LUTHERAN-BASED EDUCATIONAL INSTITUTE THAT STRIVES TO PREPARE STUDENTS THROUGH CHRIST-CENTERED EDUCATION FOR LIVES OF RESPONSIBLE SERVICE TO THE CHURCH, THE COMMUNITY AND THE WORLD. 12 12 315 0 0 0 3345424 5033801 4236609 4265427 -230397 -20995 1349548 2138616 8701184 11416849 1373809 1411173 0 0 329174 369814 90000 108146 385366 8176197 10246365 9969180 12135498 -1267996 -718649 13654632 16254793 2717706 5573348 10936926 10681445 CONCORDIA COLLEGE IS A FOUR YEAR LUTHERAN-BASED EDUCATIONAL INSTITUTE THAT STRIVES TO PREPARE STUDENTS THROUGH CHRIST-CENTERED EDUCATION FOR LIVES OF RESPONSIBLE SERVICE TO THE CHURCH, THE COMMUNITY AND THE WORLD. 0 0 10274429 1411173 4265427 CONCORDIA COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION AND PROVIDES INSTRUCTION, SCHOLARSHIPS AND VARIOUS SUPPORT SERVICES IN ACHIEVING ITS PRIMARY FUNCTION. 10274429 1 1 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 24 0 0 315 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 AL X DEXTER JACKSON 3348745700 1712 BROAD STREET SELMA AL 36701 DR TILAHUN MENDEDO 40.00 X X 119186 0 0 MICHAEL HARRIS 40.00 X X 123500 0 0 CHERYL WASHINGTON 40.00 X X 77487 0 0 BETTYE BROWN X 0 0 0 DENNIS GORSKI X 0 0 0 LAWRENCE E SOHN X 0 0 0 KURTIS SCHULTZ X 0 0 0 VICTOR BELTON X 0 0 0 FEE F HABTES X 0 0 0 JAMES T JACKSON X 0 0 0 LLOYD R PROBASCO X 0 0 0 REV DIEN A TAYLOR X 0 0 0 DR STANFORD ANGION 40.00 X X 59234 0 0 JOHN CHISOLM X 0 0 0 MR MARK KEYL X 0 0 0 DR JUDY PREUSS X 0 0 0 REV JAMES MARSHALL X 0 0 0 DR KEVIN STEWART 40.00 X X 50000 0 0 ELLEN R ZIEHR-LANGE X 0 0 0 429407 0 0 2 0 0 0 ARAMARK SERVICES 1101 MARKET ST PHILADELPHIA PA 19107 FOOD SERVICE 947397 GLOBAL SECURITY 7325 WIMBERLY AVE MONTGOMERY AL 36117 SECURITY 259378 JAMES HUDSON 801 THIRD AVE SELMA AL 36701 CONSTRUCTION 180481 ALAN ZACHARIAS 26W116 HOUGHTON LANE WINFIELD IL 60190 DEVELOPMENT CONSULTANT 133802 TOMMY BUFORD 128 CHRISTIE LANE SELMA AL 36701 CLEANING SERVICES 122815 5 45000 2423095 2565706 5033801 TUITION & FEES 611710 4243626 4243626 GAIN(LOSS) ON SALE 611710 21801 21801 4265427 -20995 -20995 AUXILIARY ENTERPRISES 900099 1967079 1967079 MISCELLANEOUS REVENUE 900099 171537 171537 2138616 11416849 4265427 0 2117621 1411173 1411173 369814 369814 108146 108146 277220 277220 AUXILIARY ENTERPRISES 2887119 2438993 448126 INSTITUTIONAL EXPENSES 2659757 2424985 234772 INSTRUCTION 2606148 2343463 262685 STUDENT SERVICES 932180 849898 82282 PUBLIC SERVICES 488915 445759 43156 395026 360158 34868 12135498 10274429 1475703 385366 19699 194837 79632 102385 1002165 679201 3452 2761 145067 172317 163143 428351 18898583 8223304 8011581 10675279 3200260 2975400 1029633 1024262 13654632 16254793 510348 580067 2207358 4993281 2717706 5573348 X 6121520 6297638 3333541 2858780 1481865 1525027 10936926 10681445 13654632 16254793 X -718649 463168 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4022022 25523 51070 4098615 5102762 14875 -1095615 4022022 5039429 6270 57063 5102762 0.00000 0.37210 0.62790 1 0 427431 427431 16029155 6001090 10028065 2423447 2221364 202083 18550 850 17700 10675279 LONG TERM INVESTMENTS 2975400 F 2975400 DUE FROM UNRESTRICTED NET ASSETS 806273 FUNDS HELD BY THIRD-PARTY TRUSTEE 217989 1024262 DUE TO RESTRICTED NET ASSETS 806273 CASH OVERDRAFT 185846 LINES OF CREDIT 1706458 LONG TERM DEBT 2294704 4993281 11416849 12135498 -718649 463168 463168 -255481 10468844 463168 463168 10005676 1411173 1411173 11416849 10724325 0 10724325 1411173 1411173 12135498 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO FUND EDUCATIONAL AND GENERAL EXPENSES AS WELL AS SUPPORT SCHOLARSHIP ALLOWANCES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (CODE), AS AMENDED, AND HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAX ON ITS RELATED EXEMPT ACTIVITIES UNDER CODE SECTION 501(A). THE COLLEGE FILES A TAX RETURN IN THE UNITED STATES OF AMERICA FEDERAL JURISDICTION. IN ACCORDANCE WITH FASB ASC 740-10, INCOME TAXES, THE BOARD OF REGENTS EVALUATED THE COLLEGE'S TAX POSITION AND CONCLUDED THAT THE COLLEGE HAS NOT ENTERED INTO ANY EVENTS OR TRANSACTIONS THAT WOULD DISQUALIFY ITS TAX-EXEMPT STATUS OR HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT WOULD CAUSE THE COLLEGE TO INCUR INCOME TAXES OR PENALTIES AT THE ENTITY LEVEL. WITH FEW EXCEPTIONS, THE COLLEGE IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AND GRANT ALLOWANCE PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AND GRANT ALLOWANCES 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE HAS A FINANCIAL AID OFFICE WITH THE NECESSARY STAFF, POLICIES AND PROCEDURES TO ENSURE THAT THE COLLEGE ADHERES TO AND COMPLIES WITH FEDERAL REGULATIONS REGARDING ELIGIBILITY FOR STUDENT FINANCIAL AID. THE COLLEGE ALSO HAS ADEQUATE STAFFING IN ITS OTHER GRANT PROGRAMS WITH ELIGIBILITY GUIDELINES TO ENSURE COMPLIANCE. THE COLLEGE ALSO UNDERGOES THE REQUIRED OMB CIRCULAR A-133 AUDITS. 0 MEXICO/CARIBBEAN 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 95179 AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 7995 0 0 0 0 0 0 103174 0 103174 ACADEMIC/ATHLETIC/INSTITUTIONAL MEXICO & CARIBBEAN 95179 AFRICA 7995 0 0 0 0 0 0 X X X X 1 MEYER PARTNERS 1701 EAST WOODFIELD ROAD SCHAUMBURG IL 60173 FUNDRAISING 0 108146 108146 0 108146 108146 1 ACADEMIC/ATHLETIC/OTHER SCHOLARSHIPS 1307999 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE COLLEGE HAS A FINANCIAL AID OFFICE WITH THE NECESSARY STAFF, POLICIES AND PROCEDURES TO ENSURE THAT THE COLLEGE ADHERES TO AND COMPLIES WITH FEDERAL REGULATIONS REGARDING ELIGIBILITY FOR STUDENT FINANCIAL AID. THE COLLEGE ALSO HAS ADEQUATE STAFFING IN ITS OTHER GRANT PROGRAMS WITH ELIGIBILITY GUIDELINES TO ENSURE COMPLIANCE. THE COLLEGE ALSO UNDERGOES THE REQUIRED OMB CIRCULAR A-133 AUDITS. FORM 990, PART VI, SECTION B, LINE 11 THE CFO/VP FOR BUSINESS AND FINANCE AND CONTROLLER ARE THE ONLY MEMBERS OF THE COLLEGE'S MANAGEMENT STAFF WHO REVIEW THE 990 PRIOR TO ITS FILING WITH THE IRS. THE BOARD WAS MADE AWARE OF THE REPORT AND COPIES WERE MADE AVAILABLE TO THEM, BUT A REVIEW BY THE BOARD, IF ANY, WAS NOT DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION USES A COMPENSATION COMMITTEE, AN INDEPENDENT COMPENSATION CONSULTANT AND APPROVAL BY THE BOARD OF COMPENSATION COMMITTEE IN ORDER TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 CONCORDIA COLLEGE DOES NOT MAKE THESE DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC. HOWEVER, THE COLLEGE WILL MAKE SUCH DOCUMENTS AVAILABLE ON A CASE-BY-CASE BASIS AS MAY BE REQUESTED BY VENDORS, DONORS, OR OTHER ASSOCIATED INDIVIDUALS OR COMPANIES AT THE DISCRETION OF THE VP FOR BUSINESS AND FINANCE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 463,168. FORM 990 PART XI LINE 2C: THERE HAVE NOT BEEN ANY CHANGES IN THE PROCESS OF SELECTING AN INDEPENDENT ACCOUNTANT. WE HAVE CREATED AND AUDIT COMMITTEE THAT SERVES AS A LIAISON BETWEEN THE PRESIDENT'S CABINET AND THE BOARD OF REGENTS. THIS COMMITTEE REVIEWS ALL ACTION ITEMS RELATED TO BUSINESS AND FINANCE PRIOR TO THEM BEING REVIEWED BY THE BOARD. THE COMMITTEE WILL MAKE RECOMMENDATIONS AS TO WHETHER OR NOT THE ACTION ITEMS ARE PROPER FOR SUBMISSION TO THE BOARD. FORM 990, SCH-R, PART V, LINE 2(C): BOOK VALUE OF CASH RECEIVED WAS USED TO DETERMINE THE VALUE REPORTED ON LINE 2(C). LUTHERAN CHURCH - MISSOURI SYNOD 1333 S KIRKWOOD ROAD ST LOUIS MO 63122 430658188 RELIGIOUS EDUCATION MO 501(C)(3) 1 - CHURCH N/A 0 LCMS - FOUNDATION 1333 S KIRKWOOD ROAD ST LOUIS MO 63122 436034481 INVESTMENT MANAGEMENT MO 501(C)(3) 11 - TYPE I LUTHERAN CHURCH - MISSOURI SYNOD 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 LUTHERAN CHURCH - MISSOURI SYNOD E 335029