2011-05-12T15:14:50-07:00 2010-06-30 990 2009-07-01 741161941 CONCORDIA UNIVERSITY TEXAS CONC 5123133000 11400 Concordia University Drive Austin TX 78726 Pamela Lee 5123134401 2011-05-13 2009 2016-02-24 21:20:13Z Thomas Cedel 11400 Concordia University Dr Austin TX 78726 36699566 0 1709 X www.concordia.edu X 1926 TX Providing 4 year undergraduate programs and master degree programs in education and business. 17 17 770 25 0 0 7949932 5725335 28339411 29933807 389594 289089 -84284 -121776 36594653 35826455 6757649 8231263 0 0 13104379 14646610 13687 13122 1072581 12680488 13410403 32556203 36301398 4038450 -474943 106640164 103945931 43916622 40537729 62723542 63408202 Providing 4 year undergraduate programs and master degree programs in education and business. 0 0 30207515 8231263 29933807 Higher Education: The University's primary purpose is to provide a four-year undegraduate 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. (2300 students) 0 0 0 30207515 1 1 0 0 0 1 1 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 1 0 0 0 0 0 0 0 0 1 3083 0 1 770 1 0 0 0 0 0 1 1 0 0 0 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TX X X Concordia University Texas 5123133000 11400 Concordia University Drive Austin TX 78726 Paul Feucht 2 X 0 0 0 Rebecca Kieschnick 2 X 0 0 0 Ed Moerbe 2 X 0 0 0 Michael Dorn 2 X 0 0 0 Daniel Schaefer 2 X 0 0 0 Robyn Roberts 2 X 0 0 0 Keith Weiser 2 X 0 0 0 Barry Burgdorf 2 X 0 0 0 Albert Carrion 2 X 0 0 0 Alan Werchan 2 X 0 0 0 Kenneth Hennings 2 X 0 0 0 David Sommermeyer 2 X 0 0 0 Mark Hazelwood 2 X 0 0 0 Quentin Anderson 2 X 0 0 0 Allen Doering 2 X 0 0 0 Max Kiesling 2 X 0 0 0 Kristi Matus 2 X 0 0 0 Thomas Cedel 40 X 169128 0 0 Pamela Lee 40 X 116921 0 0 286049 0 0 2 0 1 0 Elizabeth Christian and Associates 823 Congress Avenue Suite 1505 Austin TX 787012457 Public Relations Consultant 109189 1 0 0 35600 0 2918453 2771282 107995 5725335 Tuition and Fees 611310 29933807 28109669 0 1824138 0 0 0 0 29933807 335665 335665 0 0 0 0 0 0 89363 89363 0 0 123814 0 334953 0 -211139 0 -211139 0 0 -211139 418027 0 464603 0 -46576 0 -46576 0 0 -46576 73555 35600 73555 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 35826455 28534697 0 1566423 0 0 8231263 8231263 0 0 0 0 200642 0 200642 0 0 0 0 0 11363613 9027271 1849427 486915 699152 514164 145664 39324 1708484 1279971 331129 97384 674719 530851 111670 32198 0 0 0 44399 0 44399 61740 0 61740 0 0 0 0 0 13122 13122 0 0 0 0 2219770 2019530 199377 863 455955 389216 64345 2394 1884209 1373775 395037 115397 271044 139015 92049 39980 0 0 0 0 2335052 2006782 267004 61266 762778 579144 84958 98676 0 0 0 0 0 0 0 0 1359107 1068690 267447 22970 0 0 0 0 2109477 1674917 387866 46694 196594 154585 38686 3323 Bad Debts 408445 0 408445 0 Food Service and other auxiliary 725947 725947 0 0 Student Support 219265 219265 0 0 Recruitment and Hospitality 111089 111089 0 0 Other Expenses 245532 162040 71417 12075 36301398 30207515 5021302 1072581 1079562 1004598 6682939 3423760 824521 747306 1170163 602079 79084 93807 89979979 4870157 85256438 85109822 8695033 9702916 2852424 3261643 106640164 103945931 2623031 2070942 1724551 1631228 38000000 35000000 1569040 1835559 43916622 40537729 X 45514739 46910075 3573428 1888945 13635375 14609182 62723542 63408202 106640164 103945931 X 1 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 250 0 0 0 1 1 325 31000 1 0 0 X X X 0 11085852 616021 1501985 266405 24535 0 12912918 12987193 426039 -1990348 309378 27654 0 11085852 0.006 0.025 0.969 1 0 20785000 0 20785000 64741509 0 2731571 62009938 0 0 0 0 4201314 0 2138586 2062728 252156 0 0 252156 85109822 Funds Held by Third Party Trustees 2294336 Unamortized Bond Issuance Costs 523799 Cash Value of Life Insurance 443508 3261643 Funds Held for Others 256110 Construction Payables 92156 Interest Rate Exchange Agreement Liability 1487293 1835559 35826455 36301398 -474943 1159603 0 0 0 0 1159603 684660 29116649 1159603 0 0 361854 1521457 27595192 0 8231263 8231263 35826455 28431989 0 0 0 361854 361854 28070135 0 8231263 8231263 36301398 SchD_P02_S00_L05 Schedule D, Part II, Line 5 Travis County has a park ranger who patrols the 250 acres by going through the preserve a couple times a week. Additionally, as part of the conservation easement, our campus police department makes 3 checks of the west and south perimeter of the preserve each week. Since the preserve is not "public" and generally fenced in, they only look for instrusions throught the fencing. All monitoring fo the preserve must be done on foot since there are not roads nor are vehicles permitted in the preserve. SchD_P02_S00_L09 Schedule D, Part II, Line 9 The easement is incorporated in the balance sheet in the Land and so it is not depreciated. Expenses related to the easement are incorporated in the normal financial statements and are not separately broken out or disclosed due to the immateriality of the amount. SchD_P03_S00_L01 Schedule D, Part III, Line 1 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. SchD_P03_S00_L04 Schedule D, 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. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The University's endowments consist of approximately 300 individual funds established for a variety of purposes. Over 92% of the earnings from endowments are used to provide scholarships to students attending Concordia. The other 8% in earnings are used for programmatic (educational) and other operational expenses. SchD_P10_S00_L00 Schedule D, Part X The Internal Revenue Service has determined that the University is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. It is also exempt from state franchise taxes. However, any unrelated business income may be subject to taxation. In accordance with the accounting standard on Accounting for Uncertainty in Income Taxes, the University addresses the determination of whether tax benefits claimed on a tax return should be recorded in the financial statements. Under this guidance, the University may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merit of the position. Examples of tax positions include the tax-exempt status of the University and various positions related to the potential sources of unrelated business taxable income. There were not significant unrecognized tax benefits identified or recorded as liabilities during fiscal year 2010. Open tax years subject to examination by the U.S. and state taxing authorities are for the years 2007 to 2009, which statues expire in 2010 to 2012, respectively. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Reclassifications SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Scholarship Expense SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Reclassifications SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Scholarship Expense 1 1 1 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. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 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. 1 Annual Scholarship Gala 85275 21324 63951 0 0 14395 36402 1295 11860 Athletic Golf Tournament 23880 14276 9604 0 0 8036 0 0 1568 0 109155 35600 73555 0 0 22431 36402 1295 13428 73556 -1 1 State grants - TEG (Tuition Equalization Grant) Texas Higher Education Coordinating Board 1200 East Anderson Lane, Austin, Texas 78752 683 2680044 0 Federal grants - FSEOG, LEAP and SLEAP Grants provided to students as scholarships US Department of Education 400 Maryland Avenue SW Washington, DC 20202 68 141572 0 Scholarships funded by gifts and/or endowment earnings from various donors. See Schedule B for donor listing. 150 479379 0 Scholarships funded by Concordia's operating budget 747 4930268 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Students interested in applying for financial assistance must submit a Free Application for Student Aid (FASFA) 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 toward educational costs. An award package is then constructed by the Student of Financial Services through combinations 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 the standards for satisfactory academic progress. X X X 0 0 0 0 0 0 0 0 0 Thomas Cedel 169128 0 0 0 0 0 0 0 31514 0 200642 0 Crawfor Education Facilities Corporation In Care of Naman Howell Smith & Lee LLP 721536594 22510PAB7 2007-09-19 40000000 Finance the acquisition, renovation, and construction of Concordia's new campus 0 0 40000000 0 0 0 505000 80000 39415000 2008 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 Wells Fargo Bank 2.3 0 0 0 X 2 106541 Comparable Properties X 1 1454 Property 0 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b Concordia has hired a real estate agent in an effort to sell donated land and other property that it received in previous years. F990_P06_S0B_L11 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. F990_P06_S0B_L12c 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. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 During the November meeting, Concordia's Board of Regents does a performance appraisal annually 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. F990_P06_S0C_L19 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. Appropriate approved extensions have been filed to extend the deadline to May 15, 2011 on this tax return.