2024-05-15T20:10:17-05:00 2023-06-30 390859910 BAKER TILLY US LLP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2022-07-01 952798775 CONCORDIA UNIVERSITY IRVINE CONC 9492143123 1530 CONCORDIA WEST IRVINE CA 926123203 STEVEN STRAUCH VP OF FINANCE AND BUSINESS OPE 9492143127 2024-05-15 1 STEVEN STRAUCH XXX-XX-XXXX 1 TROY MARINE CPA P00187863 4147775500 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR MICHAEL A THOMAS 1530 CONCORDIA WEST IRVINE CA 926123203 109976280 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. 20 20 1561 50 0 0 18733691 7178148 94069479 97830687 271946 2011705 24141 2617276 113099257 109637816 31235447 30224116 0 0 41048172 44935997 0 0 0 32765498 39940711 105049117 115100824 8050140 -5463008 219619567 269302868 53116010 103308982 166503557 165993886 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 60363699 30224116 86435594 INSTRUCTION - DIVISIONAL:INSTRUCTION, INCLUDES GRANTS AND ALLOCATIONS. CONCORDIA UNIVERSITY CURRENTLY HAS 1,285 TRADITIONAL UNDERGRADUATE STUDENTS AND 2,396 NON-TRADITIONAL STUDENTS. 25853962 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. 6506979 11395093 AUXILIARY SERVICES:AUXILIARY ENTERPRISES AT CONCORDIA ARE GENERALLY COMPRISED OF RESIDENCE HALLS, A DINING HALL, AND A SNACK SHOP. 92724640 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 0 0 1 0 0 1 0 0 0 0 1 1 1 0 0 1 298 0 1561 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X STEVEN STRAUCH 9492143126 1530 CONCORDIA WEST IRVINE CA 92612 MR RYAN P ERMELING BOARD MEMBER - CHAIR 1.00 0.00 X X 0 0 0 RONALD R LEVESQUE BOARD MEMBER - CHAIR (TERMED) 1.00 1.00 X X 0 0 0 DR DAVE J HEMKER BOARD MEMBER - VICE CHAIR 1.00 0.00 X X 0 0 0 REVERND JAMES D HENKELL BOARD MEMBER - VICE CHAIR (TERMED) 1.00 0.00 X X 0 0 0 DR STEVEN J BUUCK BOARD MEMBER - SECRETARY (TERMED) 1.00 0.00 X X 0 0 0 MR ANTHONY HARNACK BOARD MEMBER - SECRETARY 1.00 0.00 X X 0 0 0 DR JEFFREY BEAVERS BOARD MEMBER 1.00 0.00 X 0 0 0 DR MARY SCOTT BOARD MEMBER 1.00 0.00 X 0 0 0 DR NEIL COWEN BOARD MEMBER 1.00 0.00 X 0 0 0 MR CRAIG W OLSON BOARD MEMBER 1.00 0.00 X 0 0 0 MR H E DURBIN II BOARD OF TRUSTEE - ADVISORY 1.00 1.00 X 0 0 0 MR MATTHEW FLANDERMEYER BOARD MEMBER 1.00 0.00 X 0 0 0 MR MICHAEL MCTHROW BOARD MEMBER 1.00 0.00 X 0 0 0 MRS LAURA G HEMMINGER BOARD MEMBER 1.00 0.00 X 0 0 0 MRS RACHEL KLITZING BOARD MEMBER - ADVISORY 1.00 0.00 X 0 0 0 MRS XAVRIA SCHWARZ BOARD MEMBER 1.00 0.00 X 0 0 0 MS CINDY STEINBECK BOARD MEMBER (TERMED) 1.00 0.00 X 0 0 0 MS PAULA MEYER CLELAND BOARD MEMBER 1.00 0.00 X 0 0 0 PETER K S LEE BOARD MEMBER (TERMED) 1.00 0.00 X 0 0 0 REV DR MICHAEL E GIBSON BOARD MEMBER 1.00 0.00 X 0 0 0 REV GLENN LUCAS BOARD MEMBER 1.00 0.00 X 0 0 0 REV JAMES MAXWELL BOARD MEMBER - ADVISORY 1.00 0.00 X 0 0 0 REV MICHAEL R LANGE BOARD MEMBER - ADVISORY 1.00 0.00 X 0 0 0 REV REOGER E SCHLECHTE BOARD MEMBER - ADVISORY (TERMED) 1.00 0.00 X 0 0 0 REV SCOTT C KLEMSZ BOARD MEMBER 1.00 0.00 X 0 0 0 REVJASON BREDESON BOARD MEMBER 1.00 0.00 X 0 0 0 DR MICHAEL A THOMAS PRESIDENT 40.00 4.00 X 273820 0 130026 RONALD VAN BLARCOM ASSOCIATE VP & GENERAL COUNSEL 40.00 0.00 X 192092 0 35452 TIMOTHY JAEGER EXEC. VP FOR UNIVERSITY ADVANCEMENT 4.00 40.00 X 0 188751 28648 PETER SENKBEIL SPECIAL ASSISTANT TO THE PRESIDENT 40.00 4.00 X 168654 0 38634 SCOTT ASHMON SENIOR VICE PRESIDENT & PROVOST 40.00 0.00 X 176630 0 26149 TIMOTHY ODLE VP UNIVERSITY OPERATIONS AND ATHLETICS 40.00 0.00 X 159409 0 37361 STEVEN MUELLER CHIEF MISSION OFFICER 40.00 0.00 X 159291 0 30611 STEVEN STRAUCH EXEC VP & CFO 40.00 4.00 X 97574 0 10165 DAMIAN WYMAN EXECUTIVE DIRECTOR, GLOBAL PARTNERSHIPS 40.00 0.00 X 176573 0 30025 JOHN KENNEY CHEMISTRY FACULTY 40.00 0.00 X 153747 0 34304 CHERYL SMYTHE-PADGHAM ASST. DEAN/DIRECTOR OF NURSING 40.00 0.00 X 146309 0 35748 KEN AMMANN MENS BASKETBALL HEAD COACH 40.00 0.00 X 144750 0 35288 MEGAN CHRISTENSEN VP FOR STUDENT AFFAIRS, DEAN OF STUDENTS 40.00 0.00 X 146398 0 24135 1995247 188751 496546 83 0 1 0 BON APPETIT 2400 YORKMONT ROAD CHARLOTTE NC 282174511 FOOD SERVICE 3099474 ALL TRADES CONSTRUCTION MANAGEMENT 3842 CHINO AVE CHINO CA 917104722 GENERAL CONTRACTOR 1765299 K-12 TEACHERS ALLIANCE 20624 ABBEY WOODS FRANKFORT IL 60423 RECRUITMENT SERVICES 1573445 KANAHOMA LLC 6430 CIBOLA RD SAN DIEGO CA 921202126 WEB SERVICES/MANAGEMENT 1460338 ACCO ENGINEERING SYSTEMS PO BOX 847360 LOS ANGELES CA 900847360 FACILITIES MAINTENANCE 1404661 49 224082 2102050 4852016 25850 7178148 TUITION AND FEES 611710 86435594 86435594 AUXILIARY ENTERPRISES 611710 11395093 11395093 97830687 1905857 1905857 488620 338464 150156 150156 150156 105848 0 105848 105848 105848 OTHER REVENUE 900099 2467120 2467120 2467120 109637816 97830687 0 4628981 30224116 30224116 1923798 1923798 34493729 31975285 2518444 2510879 2136909 373970 3919399 3405744 513655 2088192 1829968 258224 112443 112443 135753 135753 178057 178057 10944783 7198898 3745885 3370997 2813410 557587 200068 80841 119227 1860907 559795 1301112 3633830 918680 2715150 3256582 3009868 246714 143370 135331 8039 980437 980437 8691646 4232474 4459172 1383459 637768 745691 OTHER EXPENSE 5048379 3565553 1482826 115100824 92724640 22376184 0 2618735 819574 29903375 21323842 25554575 20666500 1696869 4715414 200000 553831 438947 3031749 3792129 240397335 90899406 97552543 149497929 46706780 52109079 11801110 15939454 219619567 269302868 6909820 6207092 9248422 20520812 26556122 25568399 42389434 10401646 8623245 53116010 103308982 X 94060954 86807476 72442603 79186410 166503557 165993886 219619567 269302868 X -5463008 4859345 93992 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125841 X 0 47999681 2103938 5064063 -1293992 56461674 44436329 9740207 -4474118 1702737 47999681 35171758 2326599 7819708 881736 44436329 30748483 4800937 400180 777842 35171758 29286533 971771 1278685 788506 30748483 0.32000 0.50000 0.18000 0 1 1 29608396 29608396 7731700 134643867 60875773 81499794 40989046 17354815 23634231 20110319 12668818 7441501 7314007 7314007 149497929 INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY FOUNDATION 7503296 BENEFICIAL INTEREST IN PERPETUAL FUNDS 3118305 BENEFICIAL INTEREST IN SPLIT INT AGREEMENTS 1273503 DUE FROM FOUNDATION 426922 RIGHT-OF-USE ASSET 2817428 EQUITY SHARING FOR RESIDENCE 800000 15939454 ENDOWMENT ASSETS HELD FOR CONCORDIA UNIVERSITY FOUNDATION 5805817 CAPITAL LEASE 2817428 8623245 X 84527444 4859345 432456 5291801 79235643 178057 30224116 30402173 109637816 85037115 338464 338464 84698651 178057 30224116 30402173 115100824 PART III, LINE 4: THE ART COLLECTION IS HELD BY CONCORDIA UNIVERSITY 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 TO FURTHER THEIR RESPECTIVE EDUCATIONAL GOALS. PART X, LINE 2: 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. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT IT DERIVES INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT POSITION (UNRELATED TRADE OR BUSINESS ACTIVITIES). THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAXES. 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, 2023 AND 2022. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 165,509. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL FUNDS 152,565. CHANGE IN INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY IRVINE FOUNDATION -224,082. DIRECT RENTAL EXPENSES 338,464. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 30,224,116. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 338,464. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 30,224,116. PART V, ENDOWMENT FUNDS: 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 FEDERAL DIRECT STAFFORD STUDENT LOAN PROGRAM, FEDERAL WORK STUDY PROGRAM, PELL GRANT PROGRAM, AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM. 1 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES WIRE TRANSFER FOR STUDENT EXPENSES 1044 EUROPE 0 3 PROGRAM SERVICES WIRE TRANSFERS FOR STUDENT EXPENSES 163157 0 4 0 0 0 4 164201 0 164201 0 0 1 0 0 0 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 UNIVERSITY OR BY DONORS OF RESTRICTED FUNDS. THE OFFICE OF FINANCIAL AID IS ACCOUNTABLE FOR MONITORING AND DISBURSING ALL FINANCIAL ASSISTANCE TO STUDENT ACCOUNTS. PART III ACCOUNTING METHOD: 1 TUITION DISCOUNT 1988 30224116 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 UNIVERSITY 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 DR MICHAEL A THOMAS PRESIDENT 203746 0 0 0 70074 0 23657 0 106369 0 403846 0 0 0 RONALD VAN BLARCOM ASSOCIATE VP & GENERAL COUNSEL 189796 0 0 0 2296 0 18101 0 17351 0 227544 0 0 0 TIMOTHY JAEGER EXEC. VP FOR UNIVERSITY ADVANCEMENT 0 82645 0 0 0 106106 0 16307 0 12341 0 217399 0 0 PETER SENKBEIL SPECIAL ASSISTANT TO THE PRESIDENT 122397 0 0 0 46257 0 15419 0 23215 0 207288 0 0 0 DAMIAN WYMAN EXECUTIVE DIRECTOR, GLOBAL PARTNERSH 175972 0 0 0 601 0 8409 0 21616 0 206598 0 0 0 SCOTT ASHMON SENIOR VICE PRESIDENT & PROVOST 105890 0 0 0 70740 0 15655 0 10494 0 202779 0 0 0 TIMOTHY ODLE VP UNIVERSITY OPERATIONS AND ATHLETI 38746 0 0 0 120663 0 14388 0 22973 0 196770 0 0 0 STEVEN MUELLER CHIEF MISSION OFFICER 86329 0 0 0 72962 0 13209 0 17402 0 189902 0 0 0 JOHN KENNEY CHEMISTRY FACULTY 75824 0 0 0 77923 0 12059 0 22245 0 188051 0 0 0 CHERYL SMYTHE-PADGHAM ASST. DEAN/DIRECTOR OF NURSING 144884 0 0 0 1425 0 12798 0 22950 0 182057 0 0 0 KEN AMMANN MENS BASKETBALL HEAD COACH 144174 0 0 0 576 0 12709 0 22579 0 180038 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 $82,788 WHICH IS THE APPROXIMATE ANNUAL RENTAL VALUE OF THE HOUSE IN WHICH THE PRESIDENT RESIDES. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048VWF1 2021-06-30 27999424 CURRENT REFUND OF 2011 AND 2017 BONDS 0 0 0 A 1630000 27999424 27999424 2021 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 0 FORM 990, SCHEDULE K, PART I, COLUMN F: THE PROCEEDS OF THE SERIES 2021 BONDS WERE USED TO REFUND, ON A CURRENT BASIS, THE CALIFORNIA MUNICIPAL FINANCE AUTHORITY EDUCATIONAL FACILITIES REFUNDING REVENUE BONDS SERIES 2011A (CONCORDIA UNIVERSITY IRVINE) AND CALIFORNIA MUNICIPAL FINANCE AUTHORITY EDUCATIONAL FACILITIES REVENUE BONDS, SERIES 2017 (CONCORDIA UNIVERSITY IRVINE), BOTH OF WHICH WERE REISSUED ON MARCH 13, 2020. MEAGAN CHRISTENSEN KEY EMPLOYEE 200000 EQUITY SHARING AGREEMENT FOR PURCHASE OF PRINCIPLE RESIDENCE 0 STEVEN STRAUCH OFFICER 600000 EQUITY INVESTMENT IN RESIDENCE 0 X 1988 YAMAHA G3 GRAND PIANO 1 17350 FMV X GALA BON APPETITE DINNER 1 5000 FMV X DINNER FOR SENIOR LEGACY BANQUET 1 3500 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER ON COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF REGENTS HAS GRANTED THE AUTHORITY TO THE FOLLOWING COMMITTEES: (1) INVESTMENT COMMITTEE - CHARGED WITH THE OVERSIGHT OF THE UNIVERSITY'S ENDOWMENT AND, INVESTMENT ALLOCATION 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 EXTERNAL FINANCIAL REPORTING AND THE ANNUAL AUDIT PROCESS. (3) COMPENSATION COMMITTEE - CHARGED WITH THE REVIEW AND APPROVAL OF 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 11B THE BOARD ASSIGNS AUTHORITY TO THE FINANCE COMMITTEE TO PERFORM A 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 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 WILLIS, TOWERS, WATSON 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: CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 165,509. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL FUNDS 152,565. CHANGE IN INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY IRVINE FOUNDATION -224,082. 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 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 THEIR PRIMARY ROLE. CONCORDIA IRVINE HOLDINGS LLC 1530 CONCORDIA WEST IRVINE CA 926123203 931528774 FACILITY MANAGEMENT CA 350393 0 CONCORDIA UNIVERSITY IRVINE CONCORDIA UNIVERSITY IRVINE FOUNDATION 1530 CONCORDIA WEST IRVINE CA 92612 237326171 FUNDRAISING FOR CONCORDIA UNIVERSITY CA 501(C)(3) LINE 12A, 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 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 CONCORDIA UNIVERSITY FOUNDATION C 224082 CASH CONCORDIA UNIVERSITY FOUNDATION O 1634273 FAIR MARKET VALUE