2019-03-08T14:26:38-07:00 2018-06-30 990 2017-07-01 390833608 CONCORDIA UNIVERSITY INC CONC 2622435700 12800 N Lake Shore Drive Mequon WI 53097 Allen Prochnow Exec. Vice President & COO 2622434303 2019-03-08 198.150.44.11 2017 2019-02-21 02:37:17Z Allen Prochnow 12800 N LakeShore Dr Mequon WI 53097 153807489 0 X www.cuw.edu X 1881 WI Post Secondary Education - Concordia University Inc. is a Lutheran higher education community committed to helping students develop in mind, body, and spirit for service to Christ in the Church and the world. 18 18 3313 0 0 0 1269056 902677 150373221 152662805 112093 79189 225109 162818 151979479 153807489 37046357 40075167 0 0 72409694 74643852 0 0 2972739 44922076 44800341 154378127 159519360 -2398648 -5711871 262381268 177796873 44788263 44462143 217593005 133334730 Post Secondary Education - Concordia University Inc. is a Lutheran higher education community committed to helping students develop in mind, body, and spirit for service to Christ in the Church and the world. 0 0 90016289 40075167 134628909 Post Secondary Education General/Other: 3982 students in undergraduate classes, 4022 students in graduate classes, 1584 students were graduated in the 2017-2018 school year. The University has 75 bachelor majors and 82 minors, 32 Masters programs, and four Doctoral programs. 40075167 40075167 40075167 Student Financial Aid Programs: Financial Aid to students including scholarships, remitted tuition, and stipends for both undergraduate and graduate students. 0 0 0 130091456 1 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 1 1 0 0 1 12027 0 1 3313 1 0 1 CJ 0 0 1 1 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MI WI X X Allen Prochnow- EVP-COO 2622435700 12800 N Lake Shore Dr Mequon WI 53097 Hon Kenneth Bowman Board Member 0.1 0 X 0 0 0 Allan Buss Board Member 0.1 0 X 0 0 0 Rev John Wille Board Member 0.1 0 X 0 0 0 Robert Denkert Board Member 0.1 0 X 0 0 0 Terry Donovan Board Member- Chairman 0.1 0 X 0 0 0 Dwayne Jobst Board Member 0.1 0 X 0 0 0 Dcs Lynnette Fredericksen Board Member 0.1 0 X 0 0 0 Dale Robertson Board Member 0.1 0 X 0 0 0 Richard Robertson Board Member 0.1 0 X 0 0 0 Ruth Koch Vice Chairperson 0.1 0 X 0 0 0 Christine Specht Board Member 0.1 0 X 0 0 0 Rev Dwayne Lueck LCMS - Advisory 0.1 0 X 0 0 0 Rev David Maier LCMS- Advisory 0.1 0 X 0 0 0 Dr Timothy Jest Board Member 0.1 0 X 0 0 0 Nancy Korom Board Member 0.1 0 X 0 0 0 Harriet Pedersen Board Member 0.1 0 X 0 0 0 John Berg Board Member 0.1 0 X 0 0 0 Deborah Davidson Board Member 0.1 0 X 0 0 0 David Fleming Board Member 0.1 0 X 0 0 0 Richard Laabs Board Member 0.1 0 X 0 0 0 Mark Polzin Foundation Co Chairman 0.1 0 X 0 0 0 Allen Prochnow Exec VP & COO 40 0 X 217566 0 47704 Thomas Phillip Vice President 40 0 X 130630 0 39312 William Cario Sr. Vice President 40 0 X 70114 0 44377 Patrick T Ferry President 40 0 X 163922 0 54133 Roy Peterson Vice President 40 0 X 98493 0 24939 Curt Gielow Campus Chief Executive 40 0 X 185649 0 40035 Kenneth Gaschk Assistant to President 40 0 X 125932 0 40142 Steve Taylor Vice President 40 0 X 63191 0 38178 Gretchen Jameson Vice President 40 0 X 153706 0 32318 Dr Linda Samuel Director of OT Prog 40 0 X 162934 0 40554 Dr Dean Arneson Dean of School of Pharmacy 40 0 X 191977 0 34977 Dr Michael Brown Pharmacy Professor 40 0 X 162750 0 38986 Dr Ernie Stremski Pharmacy Professor 40 0 X 163375 0 41838 1890239 0 517493 91 0 1 0 Roseville Ventures LLC 4015 80th St Kenosha WI 531424936 Facilities Rental 342080 Mayer Helminiak Architects 10521 N Port Washington Rd Mequon WI 53092 Architectural Design services 582981 Midwest Fiber Networks 6070 N Flint Rd Glendale WI 532093714 Cabling installation 502198 Dell Marketing 1 Dell Way Round rock TX 786820001 Computers 362149 Lamar Companies PO Box 96030 Baton Rouge LA 708969030 Advertising 237633 18 0 0 0 0 902677 0 0 902677 Tuition & Fees 611310 134628909 134628909 0 0 Residence Hall Fees 611310 13109856 13109856 0 0 Food Service Fees 611310 4411157 4411157 0 0 Other-Auxiliary 611310 512883 512883 0 0 0 0 0 0 152662805 44142 0 0 44142 0 0 0 0 0 0 0 0 0 117251 0 0 0 117251 117251 0 0 117251 0 35047 0 0 0 35047 35047 0 0 35047 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Service charges 611310 8250 0 0 8250 Miscellaneous Revenue 611310 37317 0 0 37317 0 0 0 0 45567 153807489 152662805 0 242007 0 0 40075167 40075167 0 0 0 0 1815631 854411 756212 205008 0 0 0 0 54741960 46689852 6735522 1316586 3607201 3193220 263573 150408 10790644 9552255 788457 449932 3688416 3129689 469477 89250 206654 66530 140124 0 219732 7576 212156 0 42281 0 42281 0 0 0 0 0 0 0 0 0 0 0 6906174 1681822 5021885 202467 5141095 564186 4460748 116161 2152891 1575749 494399 82743 1831254 1200615 630639 0 0 0 0 0 1591865 1591865 0 0 2054688 1872413 178454 3821 0 0 0 0 619720 491973 54505 73242 1014971 22350 992621 0 0 0 0 0 7221304 4987826 2233478 0 1517631 56203 1390753 70675 Bad Debt/ Pledge Expenses 404814 286552 118262 0 Building/Equipment Maint & Rental 4451593 1610511 2834931 6151 Utilities 2629532 58961 2570571 0 Various Other Expenses 6794142 10521730 -3933883 206295 159519360 130091456 26455165 2972739 7301201 8697283 0 0 409888 1150038 3332992 3246032 0 0 0 0 263898 402 314674 337959 834380 1123184 223854062 63856082 163311109 159997980 55759548 0 20683068 0 8246009 1367446 0 0 1924501 1876549 262381268 177796873 3673860 4854289 0 0 3218244 3085039 0 0 0 0 0 0 33569526 31591730 449021 377151 3877612 4553934 44788263 44462143 X 72548458 116992077 131355614 15818620 13688933 524033 217593005 133334730 262381268 177796873 X -5711871 4859851 0 0 0 -83406255 X 0 1 1 1 1 X 0 40000 0 0 X X 0 81502839 2974911 6172373 1520067 0 0 89130056 73660494 1274276 8096237 1528168 0 0 81502839 74921009 899815 -939543 1220787 0 0 73660494 67983347 2248271 6026219 1336828 0 0 74921009 51042770 11363039 6264285 750480 -63733 0 67983347 0.811 0.042 0.147 1 1 1 0 13536661 13536661 0 170039276 42476575 127562701 0 15295802 5805502 9490300 0 24156804 15574005 8582799 0 825519 0 825519 159997980 0 Deposits Payable 531327 Funds Held for Others 4022607 4553934 X 113732322 0 0 0 0 0 113732322 0 40075167 40075167 153807489 119444193 0 0 0 0 0 119444193 0 40075167 40075167 159519360 Schedule D, Part III, Line 1 CUI holds a collection of artwork which is used by the Art Department to enhance the student's studies and for public exhibition. Schedule D, Part III, Line 4 CUI holds a collection of artwork which is used by the Art Department to enhance the student's studies and for public exhibition. Schedule D, Part V, Line 4 The main intended use of the endowment funds is to provide scholarships to students. Minimal endowments are designated for general organizational maintenance and support. Schedule D, Part VIII Not required since Form 990, Part X, line 13 is less than 5% of line 16. Schedule D, Part X, Line 2 New Accounting Pronouncements- In July 2006, the FASB issued interpretation No.48, Accounting for Uncertainty in Income Taxes, an interpretation of FASB Statement No. 109 (Fin.48). 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, 2018. The University's tax returns are subject to review and examination by the Federal and State authorities. Open tax years subject to examination by the US taxing authorities are for the years 2015 to 2018, which statutes expire in 2018 and 2020, respectively. Open tax years subject to examination by the State taxing authorities are for the years 2014 to 2018, which statutes expire in 2018 and 2020, respectively. Schedule D, Part XI, Line 4b Scholarships for students. Schedule D, Part XII, Line 4b Scholarships for students. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 It is on the website and referenced during admission and entrance requirements general information- CUI admits qualified students of any race, color, or national or ethnic origin to all programs and activities and is non-discriminatory in the administration of its policies or programs. To be considered for admission to CUI, a student must be a graduate of a regionally accredited high school or one approved by its state university. Requests for exceptions to this requirement may be submitted by candidates who are otherwise qualified. Schedule E, Part I, Line 6 CUI is a direct lending institution of federal funds. We also receive PELL, FSEOG, TEACH, and Department of Health & Human Services grants related to the Nursing field. Central America and the Caribbean 0 0 Investments Investments 12623392 0 0 12623392 0 0 0 1 0 0 1 Federal Direct Loans 7422 55828505 0 Federal PELL 1866 5488647 0 Federal FSEOG 424 323800 0 Federal FWS 357 516165 0 Federal TEACH 26 70455 0 WI-Tuition Grant 700 1792206 0 WI-Academic 34 35999 0 WI-Nursing 4 12000 0 WI-Minority Retention 10 25000 0 WI-TIP 11 15750 0 CUW, CUWF, & CUAA Institutional Grants & Endorsements 4648 40875768 0 WI-Indian Grant 28 24750 0 MI-Tuition Grant 291 539750 0 MI-TIP 26 24500 0 MI-Nursing 7 10714 0 Schedule I, Part I, Line 2 CUI awards scholarships and financial aid to students based on financial need, talent, and/or other academic merit and programs. Federal and State programs are awarded based on respective program requirements. Federal and State programs are compliance tested yearly in conjunction with the independent audit and auditor reports/newsletters are submitted to all organizations as required by the programs. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Allen Prochnow Exec VP & COO 217566 0 0 0 0 0 47704 0 23108 0 288378 0 0 0 William Cario Sr. Vice President 70114 0 0 0 0 0 44377 0 120076 0 234567 0 0 0 Thomas Phillip Vice President 130630 0 0 0 0 0 39312 0 7320 0 177262 0 0 0 Patrick T Ferry President 163922 0 0 0 0 0 54133 0 188609 0 406664 0 0 0 Kenneth Gaschk Assistant to President 125932 0 0 0 0 0 40142 0 -933 0 165141 0 0 0 Roy Peterson Vice President 98493 0 0 0 0 0 24939 0 81576 0 205008 0 0 0 Gretchen Jameson Vice President 153706 0 0 0 0 0 32318 0 3344 0 189368 0 0 0 Steve Taylor Vice President 63191 0 0 0 0 0 38178 0 77873 0 179242 0 0 0 Dr Linda Samuel Director of OT Prog 162934 0 0 0 0 0 40554 0 20318 0 223806 0 0 0 Dr Dean Arneson Dean of School of Pharmacy 191977 0 0 0 0 0 34977 0 2168 0 229122 0 0 0 Curt Gielow Campus Chief Executive 185649 0 0 0 0 0 40035 0 8351 0 234035 0 0 0 Dr Michael Brown Pharmacy Professor 162750 0 0 0 0 0 38986 0 9565 0 211301 0 0 0 Dr Ernie Stremski Pharmacy Professor 163375 0 0 0 0 0 41838 0 14030 0 219243 0 0 0 Schedule J, Part I, Line 1a Those approved by the Board as "Ministers of the Gospel" received a Board approved housing allowance percentage. CUI pays the travel expenses for the employee and a companion to attend the once-a-year off campus Board-on-Board meeting. Patrick Ferry, Allen Prochnow, and Roy Peterson have memberships to the Wisconsin Club paid for by CUI. Various employee or relative of employee 0 Disclosure subject to FERPA Salary or Wage Tamara Ferry spouse of officer 79737 salary 0 Cheryl Cario spouse of key employee 9200 salary 0 Thomas Davilla son-in-law of officer 48950 salary 0 Rachel Thoms child of officer 39900 salary 0 Jill Krell sister of officer 72795 salary 0 Schedule L, Part III There were various employees and relatives of employees that have a relationship to the school, and the disclosure of the type of assistance and the amount of assistance granted are subject to FERPA law. Form 990, Part VI, Section A, Line 7a Concordia University Inc. (CUI), is an LCMS University. As such, it is required to take various items to the Concordia University System Board for approvals. Additionally, a portion of the CUI Board members are elected every three years at the National LCMS convention, and at the South Wisconsin District Convention. Form 990, Part VI, Section A, Line 7b CUI is an LCMS university. As such, it is required to take various items to the Concordia University System Board for approvals. Form 990, Part VI, Section B, Line 11b The 990 was prepared in-house. It was reviewed by the Executive Vice President / Chief Operating Officer and forwarded to the organization's audit committee for review. The audit committee is made up of board members of the University and the Concordia University Wisconsin Foundation (CUWF). After review by the committee and follow-up of any questions or concerns, the Form 990 and related schedules are filed with the IRS. The audit committee reports the results of its review to the Board of Regents and the CUWF Board. Form 990, Part VI, Section B, Line 12c Each year, all Board members are required to sign and date a conflict of interest statement, disclosing any conflicts and properly abstaining from any votes at any time that may relate to the conflict. Form 990, Part VI, Section B, Line 15 Compensation is determined using industry standards, WAICU organizational data, CUS organizational data, and other various data resources. Final amounts are approved by the Board of Regents annually. Form 990, Part VI, Section C, Line 19 The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request to the President or the EVP/COO. Form 990, Part XI, Line 9 CUWF Investment Change in Net Assets plus Unrealized Gains or Losses from the CUWF return = $10,539,405, less a change we made this year on our 990 at the advice of our accounting firm to enter the net assets of the Foundation (CUWF) separately from the University. With this change, the sum of the net assets shown on each 990 reflect the total net assets of our consolidated statements. Concordia University Wisconsin Foundation 12800 N Lake Shore Drive Mequon WI 53097 396077337 supporting organization fundraising WI 501(c)(3) line 7 CUI 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 Concordia University Wisconsin Foundation m 395691 Form 990, Part IX, Col. D Concordia University Wisconsin Foundation n 295189 Form 990, Part IX, Col. D Concordia University Wisconsin Foundation o 2211184 Form 990, Part IX, Col. D Concordia University Wisconsin Foundation s 70675 Form 990, Part IX, Col. D Our Form 990 is prepared in-house by myself, the Controller. I had some family medical issues in November at the time we generally apply for the automatic extension (Form 8868), and I submitted my request beyond the deadline. We have installed two safety measures, including having a second person responsible for the filing, to ensure that the deadline is not missed again.