2022-05-11T15:26:12-05:00 2021-06-30 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2020-07-01 741161941 CONCORDIA UNIVERSITY TEXAS CONC 5123133000 11400 CONCORDIA UNIVERSITY DRIVE AUSTIN TX 78726 LYNETTE GILLIS CHIEF FINANCIAL OFFICER 5123133000 2022-05-03 1 LYNETTE GILLIS 999009999 TROY MARINE CPA P00187863 6128764500 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DONALD CHRISTIAN 11400 CONCORDIA UNIVERSITY DRIVE AUSTIN TX 78726 87227044 0 1709 X WWW.CONCORDIA.EDU X 1926 TX PROVIDING 4 YEAR UNDERGRADUATE PROGRAMS, AN ACCELERATED NURSING PROGRAM, MASTER DEGREE PROGRAMS IN NURSING, EDUCATION, AND BUSINESS, AND A DOCTORATE DEGREE PROGRAM IN EDUCATION. 18 18 768 380 0 0 7386327 11979643 61767446 63431535 1206308 1719433 423290 465712 70783371 77596323 19424400 18900400 0 0 18993734 18477152 0 0 1310948 27800684 32613783 66218818 69991335 4564553 7604988 128843890 144062806 38099732 40153507 90744158 103909299 X CONCORDIA UNIVERSITY TEXAS EMPOWERS STUDENTS OF ALL BACKGROUNDS TO LEAD LIVES OF CRITICAL THOUGHT, COMPASSIONATE ACTION AND COURAGEOUS LEADERSHIP. AS A LIBERAL ARTS UNIVERSITY ROOTED IN THE LUTHERAN TRADITION AND AFFILIATED WITH THE LUTHERAN CHURCH-MISSOURI SYNOD, CONCORDIA DEVELOPS THE MIND, HEART, SOUL, AND BODY, PREPARING LEADERS FOR LIVES OF SERVICE. 0 0 57756498 18900400 63431535 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. THE UNIVERSITY OFFERS GRADUATE PROGRAMS LEADING TO A MASTERS DEGREE IN EDUCATION, PUBLIC HEALTH, AND BUSINESS. IN ADDITION, THE UNIVERSITY OFFERS A DOCTORATE PROGRAM LEADING TO DOCTOR OF EDUCATION DEGREE. ALL EXPENDITURES RELATE TO THE EDUCATIONAL PROGRAM. (2500 STUDENTS). 57756498 1 1 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 3034 0 1 768 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TX X LYNETTE GILLIS 5123135301 11400 CONCORDIA UNIVERSITY DRIVE AUSTIN TX 78726 JIM ALBERS BOARD MEMBER 1.00 X 0 0 0 QUENTIN ANDERSON BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER BANNWOLF BOARD MEMBER 1.00 X 0 0 0 JAMES M CLEARY JR BOARD MEMBER 1.00 X 0 0 0 DR THEODORE CROFFORD BOARD MEMBER 1.00 X 0 0 0 DR MARY BETH GAERTNER BOARD MEMBER 1.00 X 0 0 0 PETER HAMES BOARD MEMBER 1.00 X 0 0 0 REV NATHANIEL HILL BOARD MEMBER 1.00 X 0 0 0 RAYMOND KYM BOARD MEMBER 1.00 X 0 0 0 DR MARGARET LANDWERMEYER BOARD MEMBER 1.00 X 0 0 0 HEIDI LEWIS BOARD MEMBER 1.00 X 0 0 0 CAROL MUELLER BOARD MEMBER (THROUGH 04/2021) 1.00 X 0 0 0 MIKE NEWMAN BOARD MEMBER 1.00 X 0 0 0 BRENNA NUNES BOARD MEMBER 1.00 X 0 0 0 SYLVIA SCHMIDT BOARD MEMBER 1.00 X 0 0 0 STEVE SOHNS BOARD MEMBER 1.00 X 0 0 0 BOB SSEKYANZI BOARD MEMBER 1.00 X 0 0 0 REV ALAN TAYLOR BOARD MEMBER 1.00 X 0 0 0 TOM ZACHMAN BOARD MEMBER 1.00 X 0 0 0 CHARLES REQUADT BOARD MEMBER (THROUGH 07/31/2020) 1.00 X 0 0 0 DONALD CHRISTIAN PRESIDENT & CEO 40.00 X 180572 0 115306 KRISTI KIRK PROVOST & EXECUTIVE VP 40.00 X 179292 0 26582 ELIZABETH ATHERTON SR. VP OF EXTERNAL AFFAIRS 40.00 X 168240 0 25202 LYNETTE GILLIS CFO & SR. VP OF STRATEGIC FINANCE 40.00 X 119934 0 22426 SHANE SOKOLL SR. VP PLANNING & QUALITY 40.00 X 119308 0 21833 JAMES CANDIDO SR. VP (THROUGH 06/01/2021) 40.00 X 117136 0 21219 JENNIELLE STROTHER VP OF ENROLLMENT & STUDENT DEVELOPMENT 40.00 X 133652 0 21310 KC POSPISIL VP OF ACADEMIC OPERATIONS 40.00 X 118067 0 19641 KRISTIN COULTER VP OF STRATEGIC PARTNERSHIPS 40.00 X 113611 0 19426 DANIEL GREGORY VP OF ADMINISTRATION 40.00 X 109728 0 19648 SAIRAM PATHI CONTROLLER & DIRECTOR OF HR 40.00 X 103149 0 18919 1462689 0 331512 10 0 1 0 ORBIS EDUCATION 11595 N MERIDIAN ST 400 CARMEL IN 46032 ACCELERATED BSN RECRUITING AND HOSTING 10514557 COLLEGIS EDUCATION 1415 W 22ND ST OAK BROOK IL 60523 ADMINISTRATIVE COMPUTING SUPPORT 3739910 CONCORDIA PLAN SERVICES PO BOX 14955 ST LOUIS MO 63150 BENEFITS 3036091 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 CAFETERIA MANAGEMENT 2888396 K-12 TEACHERS ALLIANCE 20624 ABBEY WOODS COURT NORTH FRANKFORT IL 60423 MASTER OF ED. STUDENT RECRUITING 865127 23 9416717 2562926 11979643 TUITION AND FEES 611310 60892026 60892026 AUXILIARY ENTERPRISES 611710 2539509 2539509 63431535 665496 665496 135017 144965 -9948 -9948 -9948 10171678 368015 9432669 53087 739009 314928 1053937 1053937 OTHER REVENUES 611710 472755 472755 FINES, PENALTIES & OTHER FEES 611710 2905 2905 475660 77596323 63431535 0 2185145 X 18900400 18900400 978695 891255 87440 13149130 11434389 1132227 582514 989475 771707 164460 53308 2286128 1742789 466333 77006 1073724 887166 144456 42102 137343 137343 94580 94580 14047910 13623426 361949 62535 924538 46313 860546 17679 4357903 4115956 165187 76760 2855230 459665 2278362 117203 3247222 2252600 925633 68989 383210 329801 16574 36835 118913 76204 35056 7653 1018346 723910 272265 22171 2573083 1630054 889551 53478 288007 180548 102184 5275 BAD DEBT EXPENSE 1034984 1034984 FOOD SERVICES 901550 901550 OTHER 343126 343126 STUDENT SUPPORT 238444 238444 49394 49394 69991335 57756498 10923889 1310948 12606385 4691425 7493 13778978 966841 1059956 3771709 3655538 539291 201700 115189595 31220731 81195738 83968864 22180600 24704394 992653 4133080 6583180 7868871 128843890 144062806 2778513 3210819 5675029 3987357 29603447 32787392 42743 44126 0 123813 38099732 40153507 X 60573384 69231454 30170774 34677845 90744158 103909299 128843890 144062806 X 7604988 4340451 1219702 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 250.00 1 1 370.00 96155 1 X X X 0 0 1 X 25167705 991230 5472897 751312 65332 30815188 24742871 356218 549390 440241 40533 25167705 21779955 376905 3114602 486304 42287 24742871 20709467 572968 1023204 485004 40680 21779955 19082156 244292 1930923 506968 40936 20709467 1.00000 1 0 25821227 25821227 75248584 20965008 54283576 2605426 1508695 1096731 11514358 8747028 2767330 83968864 CASH VALUE OF LIFE INSURANCE 524144 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 7344727 7868871 INTEREST RATE SWAP LIABILITY 123813 123813 X 64401041 4340451 1364667 5705118 58695923 18900400 18900400 77596323 51235900 144965 144965 51090935 18900400 18900400 69991335 PART II, LINE 9: THE UNIVERSITY INCLUDES THE HISTORICAL VALUE OF THE CONSERVATION EASEMENT IN PROPERTY, PLANT AND EQUIPMENT ON ITS FINANCIAL STATEMENTS. THE EXPENSES FOR MAINTAINING THE EASEMENT, PAID TO TRAVIS COUNTY, ARE INCLUDED IN INSTITUTIONAL EXPENSES. PART III, LINE 1A: 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. PART III, LINE 4: 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. PART IV, LINE 2B: THE UNIVERSITY HOLDS FUNDS FOR VARIOUS STUDENT ORGANIZATIONS IN AN AGENCY TYPE ARRANGEMENT. 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. PART X, LINE 2: THE UNIVERSITY AND FOUNDATION ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ACCORDING TO AN INTERNAL REVENUE SERVICE DETERMINATION LETTER. ACCORDINGLY, THE UNIVERSITY AND FOUNDATION ARE NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT THEY DERIVE INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO THEIR TAX-EXEMPT PURPOSES (UNRELATED TRADE OR BUSINESS ACTIVITIES). THE UNIVERSITY AND FOUNDATION HAD NO MATERIAL UNRELATED BUSINESS INCOME DURING THE YEAR. THEY ARE ALSO EXEMPT FROM STATE FRANCHISE 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, 2021 AND 2020. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 144,965. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 109,524. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERP. TRUST 1,233,991. NET LOSS ON INTEREST RATE SWAP VALUATION -123,813. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 18,900,400. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 144,965. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 18,900,400. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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." 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. 1 STATE GRANTS - TEG (TUITION EQUALIZATION GRANT) TEXAS HIGHER EDUCATION 533 1734316 FEDERAL GRANTS - FSEOG GRANTS PROVIDED TO STUDENTS AS SCHOLARSHIPS 301 385067 SCHOLARSHIPS FUNDED BY GIFTS AND/OR ENDOWMENT EARNINGS FROM VARIOUS DONORS. 132 1208950 SCHOLARSHIPS FUNDED BY CONCORDIA'S OPERATING BUDGET 1299 15380028 STATE GRANTS - GEER (GOVERNOR'S EMERGENCY EDUCATION RELIEF FUND) TEXAS HIGHER EDUCATION 53 192039 PART I, LINE 2: STUDENTS INTERESTED IN APPLYING FOR FINANCIAL ASSISTANCE MUST SUBMIT A FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) AND BE ACCEPTED FOR ADMISSION TO CONCORDIA. 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 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 X 1 1 X X X 1 0 0 0 0 0 0 0 0 DONALD CHRISTIAN PRESIDENT & CEO 180572 0 0 0 0 0 20793 0 94513 0 295878 0 0 0 KRISTI KIRK PROVOST & EXECUTIVE VP 179292 0 0 0 0 0 14370 0 12212 0 205874 0 0 0 ELIZABETH ATHERTON SR. VP OF EXTERNAL AFFAIRS 168240 0 0 0 0 0 13274 0 11928 0 193442 0 0 0 JENNIELLE STROTHER VP OF ENROLLMENT & STUDENT DEVELOPMENT 133652 0 0 0 0 0 10182 0 11128 0 154962 0 0 0 PART I, LINE 1A CONCORDIA UNIVERSITY TEXAS PROVIDES TRAVEL FOR SPOUSES OF EXECUTIVES WHEN THEIR PRESENCE IS DEEMED NECESSARY AND ADVANTAGEOUS TO THE UNIVERSITY. HOUSING IS PROVIDED TO THE PRESIDENT, DONALD CHRISTIAN. THE VALUE OF THE HOUSING IS REFLECTED IN HIS COMPENSATION INFORMATION. A TRINITY HIGHER EDUCATION FACILITIES CORPORATION 742857169 2013-10-01 32797963 REFINANCE PRIOR BOND 0 0 0 A 4165231 32797963 150308 32797963 2013 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: TRINITY HIGHER EDUCATION FACILITIES CORPORATION DATE THE REBATE COMPUTATION WAS PERFORMED: 12/27/2013 FORM 990, PART VI, SECTION B, LINE 11B 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 KEY EMPLOYEES AND RECEIPT IS VERIFIED. FORM 990, PART VI, SECTION B, LINE 15 DURING THE FEBRUARY MEETING, CONCORDIA'S BOARD OF REGENTS DOES AN ANNUAL PERFORMANCE APPRAISAL OF THE PRESIDENT/CEO. 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. FORM 990, PART IX, LINE 11G OUTSOURCED RECRUTING AND LMS MGMT: PROGRAM SERVICE EXPENSES 12,924,562. TOTAL EXPENSES 12,924,562. PROFESSIONAL CONSULTING ENGAGEMENTS: PROGRAM SERVICE EXPENSES 97,088. MANAGEMENT AND GENERAL EXPENSES 210,442. FUNDRAISING EXPENSES 62,535. TOTAL EXPENSES 370,065. OTHER TEMPORARY WORK: PROGRAM SERVICE EXPENSES 601,776. MANAGEMENT AND GENERAL EXPENSES 151,507. TOTAL EXPENSES 753,283. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 109,524. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERP. TRUST 1,233,991. NET LOSS ON INTEREST RATE SWAP VALUATION -123,813. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. CONCORDIA UNIVERSITY TEXAS FOUNDATION 11400 CONCORDIA UNIVERSITY DR AUSTIN TX 78726 273255819 SUPPORT CONCORDIA UNIVERSITY TEXAS TX 501(C)(3) LINE 12A, I CONCORDIA UNIVERSITY TEXAS 1 CHARITABLE REMAINDER UNITRUSTS (11) TRUST TX N/A T 0 INSURANCE TRUST (1) TRUST TX N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0