2017-02-27T13:00:49-06:00 2016-04-30 390859910 Baker Tilly Virchow Krause LLP 225 S 6th St 2300 Minneapolis MN 55402 990 2015-05-01 410693977 Concordia College Corporation CONC 2182994206 901 S 8th St Moorhead MN 56562 LINDA J BROWN TREASURER & VP FOR FINANCE 2182994206 2017-02-16 1 Lawrence H Mohr CPA P00447603 6128764500 2015 2021-01-29 14:40:06Z William J Craft 901 S 8th St Moorhead MN 56562 133281829 0 9386 X www.concordiacollege.edu X 1891 MN CONCORDIA COLLEGE IS A FOUR-YEAR LIBERAL ARTS COLLEGE OF THE EVANGELICAL LUTHERAN CHURCH OF AMERICA OFFERING 59 MAJORS AND 12 PROFESSIONAL PROGRAMS. DURING THE 2015-2016 SCHOOL YEAR, CONCORDIA COLLEGE HAD AN ENROLLMENT OF 2,162 STUDENTS; 1,289 OF THESE STUDENTS WERE RESIDING IN DORMITORIES OR OTHER FORMS OF ON-CAMPUS HOUSING AND 1,619 STUDENTS PARTICIPATED IN SOME VARYING FORM OF A MEAL PLAN THROUGH THE ON-CAMPUS DINING SERVICE. 25 25 3697 664 1227933 0 20994583 21238534 103406119 99842822 5183087 3139536 1268660 1354751 130852449 125575643 36562398 36134610 0 0 51305435 51854414 26692 18696 2378899 30315432 29833616 118209957 117841336 12642492 7734307 321220662 342920981 68825513 89203555 252395149 253717426 X THE PURPOSE OF CONCORDIA COLLEGE IS TO INFLUENCE THE AFFAIRS OF THE WORLD BY SENDING INTO SOCIETY THOUGHTFUL AND INFORMED MEN AND WOMEN DEDICATED TO THE CHRISTIAN LIFE. 0 0 64547734 35608061 75717295 CONCORDIA COLLEGE OFFERS BACHELOR OF ARTS AND BACHELOR OF MUSIC DEGREES, AS WELL AS A MASTER OF EDUCATION IN WORLD LANGUAGE INSTRUCTION. THE 2015-2016 ENROLLMENT WAS 2,162 STUDENTS, 501 OF WHOM MET THE REQUIREMENTS OF GRADUATION. 14420840 13364421 AUXILIARY ENTERPRISES AT CONCORDIA COLLEGE ARE COMPRISED OF 12 RESIDENCE HALLS OR ON-CAMPUS APARTMENTS, A DINING HALL AS WELL AS A QUICK-SERVE RESTAURANT OPTION, SNACK SHOP AND COFFEE SHOP, A BOOKSTORE AND A DAY CARE FACILITY FOR FACULTY, STAFF AND STUDENTS. 60% OF ENROLLED STUDENTS LIVED IN ON-CAMPUS HOUSING, WHILE 75% OF THE ENROLLED STUDENT POPULATION PARTICIPATED IN ONE OF THE 8 MEAL PLAN OPTIONS OFFERED BY THE COLLEGE'S DINING SERVICE. 10712115 526549 10741388 CONCORDIA COLLEGE OWNS AND OPERATES THE CONCORDIA LANGUAGE VILLAGES. THE VILLAGES USE IMMERSION TECHNIQUES TO TEACH PARTICIPANTS ABOUT OTHER LANGUAGES AND CULTURES WHILE GIVING CONCORDIA STUDENTS THE OPPORTUNITY TO GAIN PRACTICAL TEACHING EXPERIENCE. THE LANGUAGE VILLAGES OFFER INSTRUCTION IN 15 DIFFERENT LANGUAGES WITH A WIDE VARIETY OF YEAR-ROUND PROGRAMS DESIGNED FOR LEARNERS OF EVERY AGE. MOST VILLAGES ARE LOCATED AT VARIOUS SITES ON TURTLE RIVER LAKE NEAR BEMIDJI, MN. HOWEVER THE VILLAGES ALSO OFFER PROGRAMS AT VARIOUS LEASED SITES THROUGHOUT MINNESOTA AND ABROAD. DURING THE FISCAL YEAR 2015-2016 THE CONCORDIA LANGUAGE VILLAGES ENROLLED 9,705 PARTICIPANTS IN A VARIETY OF PROGRAMS OFFERED THROUGHOUT THE YEAR. ALTHOUGH THE MAJORITY OF PROGRAMMING TAKES PLACE DURING THE SUMMER, THE EXPANSION OF YEAR-ROUND LANGUAGE LEARNING THROUGH THE VILLAGES CONTINUES TO GROW. 14425391 PUBLIC SERVICE, ACADEMIC SUPPORT, AND STUDENT SERVICES (COMBINED) 14425391 104106080 1 1 0 1 0 0 0 1 0 1 1 1 0 1 1 1 1 0 0 0 1 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 0 1 327 0 3697 1 1 1 0 0 0 0 0 0 0 0 0 X 25 25 0 0 1 0 0 1 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X Mark Lillehaugen Controller 2182994206 901 S 8th St Moorhead MN 56562 Rev Lowell G Almen Trustee 1.00 X 0 0 0 Mary Alice Bergan Trustee 1.00 X 0 0 0 Randall L Boushek Trustee 1.00 X 0 0 0 Fay Ferguson Trustee 1.00 X 0 0 0 Karen L Grandstrand Trustee 1.00 X 0 0 0 Dr David M Gring Trustee 1.00 X 0 0 0 Ms Kathryn E Hasbargen Trustee 1.00 X 0 0 0 Rachel C Hollstadt Trustee 1.00 X 0 0 0 Keith A Johanneson Trustee 1.00 X 0 0 0 Kelby K Krabbenhoft Trustee 1.00 X 0 0 0 Dr Earl Lewis Trustee 1.00 X 0 0 0 Dr Roland D Martinson Trustee 1.00 X 0 0 0 Connie Nicholas Trustee 1.00 X 0 0 0 Ronald D Offutt Trustee 1.00 X 0 0 0 Solveig Storvick Pollei Trustee 1.00 X 0 0 0 Rev Robert L Quam Trustee 1.00 X 0 0 0 John M Quello Trustee 1.00 X 0 0 0 Mary S Ranum Trustee 1.00 X 0 0 0 Rev Lynn R Ronsberg Trustee 1.00 X 0 0 0 James E Senske Trustee 1.00 X 0 0 0 Stephen L Stenehjem Trustee 1.00 X 0 0 0 Dr Richard L Torgerson Trustee 1.00 X 0 0 0 Joyce Monson Tsongas Trustee 1.00 X 0 0 0 Judge Jack R Tunheim Trustee 1.00 X 0 0 0 Thomas Vertin Trustee 1.00 X 0 0 0 Jan R Waye Trustee 1.00 X 0 0 0 Dr Mark N Wilhelm Trustee 1.00 X 0 0 0 Rev Lawrence R Wohlrabe Trustee 1.00 X 0 0 0 Dr William J Craft President 40.00 X 315236 0 66015 Linda J Brown Treasurer & VP for Finance 40.00 X 153456 0 18645 Dr Eric J Eliason Academic Affairs 40.00 X 155436 0 12250 Dr Albert Kagan Dean, VP Director, Business Research Center 40.00 X 156350 0 21721 Teresa Harland VP for Advancement 40.00 X 149949 0 11925 Dr J Sue Oatey VP & Dean of Student Affairs 40.00 X 132049 0 11067 Bruce W Vieweg CIO, Assoc VP, Academic Affairs 40.00 X 130745 0 20368 Dr Rene K Clausen Professor of Choral Conducting 40.00 X 127026 0 7034 1320247 0 169025 13 0 1 0 Foss Architecture and Interiors Inc 810 1st Ave N Fargo ND 58102 Architecture 944982 marco Technologies LLC 4510 heatherwood rd st cloud MN 56302 printing services 473168 RED RIVER TRAILS INCORPORATED 4838 S HWY 75 MOORHEAD MN 56560 TRANSPORTATION 348261 Minko Construction Inc 3333 35th ave sw fargo ND 58104 construction 346136 Royall & company 1920 e parham rd richmond VA 23228 consulting 295707 15 1696359 19542175 1361395 21238534 EDUCATION, GENERAL 611310 75717295 75717295 Language Villages 611310 10741388 10741388 DINING SERVICES 611310 8078800 6876998 1201802 RESIDENCE HALLS 611310 4465720 4465720 DAY CARE SERVICES 611310 469808 469808 369811 369811 99842822 3105068 26131 3078937 157723 27414 130309 130309 130309 3396153 2794709 3218585 2937809 177568 -143100 34468 34468 77598 35240 42358 42358 1734832 1487138 247694 247694 Other Revenue 900099 934390 934390 934390 125575643 99823104 1227933 3286072 36134610 36134610 782181 580016 202165 39156680 32975289 4932948 1248443 1979490 1643846 239422 96222 7280122 6168503 873126 238493 2655941 2186643 363544 105754 50106 37778 12328 98357 98357 18696 18696 165350 1700 163650 1720187 1290791 426185 3211 447889 283858 155073 8958 2916932 2488592 251803 176537 977822 259745 700820 17257 10848 10776 72 4484569 4275541 209028 4188663 3746125 284772 157766 276690 197145 69015 10530 893373 866735 26638 5685575 4742315 943260 516843 239610 277233 Other Expenses 3321095 2605585 633259 82251 Resaleable Merchandise 2939791 2939791 Repairs and Maintenance 1139526 1048880 90430 216 117841336 104106080 11356357 2378899 20626146 28934670 2309142 7672294 3968800 3236052 8346017 8404988 1016174 934249 792445 684304 210417433 88055816 123879813 122361617 116332634 111869626 39118815 36846865 4830676 21976316 321220662 342920981 10219001 11475026 0 8185405 3884748 3571553 22955000 42667097 31766764 23304474 68825513 89203555 X 129269695 123253767 37281199 35389280 85844255 95074379 252395149 253717426 321220662 342920981 X 7734307 -4962314 -1449716 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 104943 104943 0 PART II-B, LINE 1 CONCORDIA COLLEGE IS A MEMBER OF MINNESOTA PRIVATE COLLEGE COUNCIL (MPCC), AN ORGANIZATION DESCRIBED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. MPCC IS AN ASSOCIATION OF PRIVATE NONPROFIT INSTITUTIONS OF HIGHER EDUCATION THAT SERVES A VARIETY OF ITS MEMBERS' SHARED NEEDS, INCLUDING, BUT NOT ONLY, NONPARTISAN AND NON-ELECTORAL ADVOCACY FOR PUBLIC POLICY THAT MEETS STUDENTS' NEEDS AND ADVANCES THE INTERESTS OF PRIVATE HIGHER EDUCATION. CONCORDIA COLLEGE PAID MEMBERSHIP DUES TO MPCC IN THE AMOUNT OF $143,955 DURING THE TAXABLE YEAR. MPCC HAS DIVIDED ITS EXPENSES FOR ITS TAXABLE YEAR ENDING JUNE 30, 2016, INTO TWO GROUPS. GROUP 1 CONSISTS OF THOSE EXPENSES THAT DID NOT IN ANY WAY SUPPORT ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("LOBBYING"), AND GROUP 2 CONSISTS OF ALL OTHER EXPENSES. GROUP 2 INCLUDES MANY EXPENSES, SUCH AS PERSONNEL COSTS, THAT SUPPORTED BOTH LOBBYING AND NON-LOBBYING ACTIVITIES. MPCC DID NOT ATTEMPT TO ALLOCATE THE GROUP 2 EXPENSES BETWEEN LOBBYING AND NON-LOBBYING ACTIVITIES. MPCC HAS DETERMINED THAT THE AMOUNT OF THE GROUP 2 EXPENSES REPRESENTS 72.90% OF THE AMOUNT OF THE DUES THAT MPCC COLLECTED IN THE SAME TAXABLE YEAR. ASSUMING THAT ALL GROUP 2 EXPENSES WERE PAID FROM MEMBER DUES, AND ALLOCATING THOSE EXPENSES PRO RATA BASED ON THE DUES PAID BY EACH MEMBER, $104,943 OF CONCORDIA COLLEGE'S DUES WERE USED TO PAY GROUP 2 EXPENSES. THE AMOUNT OF LOBBYING EXPENSES PAID FROM CONCORDIA COLLEGE'S DUES WAS SIGNIFICANTLY LESS THAN THAT AMOUNT. 114045 X X 0 112295924 10135123 -2827076 4503367 115100604 102264054 8692933 5167847 3828910 112295924 89593472 6512434 9409167 3251019 102264054 80546773 2358334 9648794 2960429 89593472 83941561 -268205 -349729 2776854 80546773 0.13980 0.76230 0.09790 1 0 2936958 4626765 7563723 143123453 50037011 93086442 16446485 11924242 4522243 38126939 26094563 12032376 5156833 5156833 122361617 Real Estate Funds 2831949 F Funds Held in trust 2735251 F Notes Receivable 122641 F Private Equity Funds 5737360 F Hedge Fund 11504291 F international equity funds 12136897 F domestic fixed income funds 1778476 F 36846865 Deposits held by trustee 19463230 Cash surrender value of life insurance 2513086 21976316 Deposits 554291 Annuities Payable 19194485 Deposits Held in Custody for Others 3555698 23304474 X 84548458 -4962314 207936 -4754378 89302836 138197 36134610 36272807 125575643 83226181 1657652 1657652 81568529 138197 36134610 36272807 117841336 Part III, Line 4: The College holds various paintings, prints, mosaics and sculptures. The Concordia College art collection is an educational and cultural component of the College. It includes significant and valuable works that reflect a variety of artistic creativity and impart the College's Norwegian heritage and location in the Upper Midwest. Part V, Line 4: The intended use of the College's endowment funds is to provide scholarships to students and to finance the operational needs of the College, which in turn will allow the College to further its mission. Part X, Line 2: The College 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 College for uncertain tax positions as of April 30, 2016 and 2015. The College's tax returns are subject to review and examination by federal and state authorities. The tax returns for fiscal years 2012 and thereafter are open to examination by federal and state authorities. Part XI, Line 2d - Other Adjustments: Loss on disposal of plant assets 143,100. Actuarial adjustment -1,572,573. decrease in cash surrender value of life insurance 122,857. Direct Rental Expenses 27,414. Cost of Goods Sold 1,487,138. Part XI, Line 4b - Other Adjustments: Scholarships, grants, student loans 36,134,610. Part XII, Line 2d - Other Adjustments: Loss on disposal of plant assets 143,100. Direct Rental Expenses 27,414. Cost of Goods Sold 1,487,138. Part XII, Line 4b - Other Adjustments: Scholarships, grants, student loans 36,134,610. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 PROGRAM SERVICES STUDY ABROAD 162028 Middle East and North Africa 0 0 PROGRAM SERVICES STUDY ABROAD 74444 North America - Canada and Mexico, but not the United States 0 0 PROGRAM SERVICES STUDY ABROAD 6476 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 PROGRAM SERVICES STUDY ABROAD 1189879 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 PROGRAM SERVICES STUDY ABROAD 357800 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, 0 0 PROGRAM SERVICES STUDY ABROAD 51212 Central America 0 0 Investments 12205491 0 0 0 0 0 0 14047330 0 14047330 Travel Expense Reimbursement Europe 27 22694 Check or ACH US Dollars Travel Expense Reimbursement East Asia & Pacific 22 17065 Check or ACH US DOLLARS Travel Expense Reimbursement South America 11 4118 Check or ACH US Dollars 1 0 0 1 1 0 Schedule F, Part IV, Line 4: CONCORIDA COLLEGE INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES. THE INVESTMENT PARTNERSHIPS HAVE PROPERLY FILED FORM 8621. UNDER THESE FACTS, IT IS NOT NECESSARY FOR THE COLLEGE TO FILE AN ADDITIONAL 8621. Schedule F, Part IV, Line 5: CONCORDIA COLLEGE INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN FOREIGN PARTNERSHIPS. HOWEVER, THE COLLEGE DOES NOT MEET THE FILING REQUIREMENTS OF FORM 8865 AS A RESULT. X X X X X X X 1 Bentz Whaley Flessner 7251 Ohms Lane Minneapolis MN 55439 Campaign Planning Counsel Services 0 0 18696 18696 18696 18696 CA FL GA ID IL IN IA KS KY LA MN MT NE NV NJ NM NY ND OH OK OR PA RI SD TN TX VT WV WI WY Cobber Football Golf Tournament 45268 45268 7773 7735 2729 3416 Grinaker Golf Tournament 16330 16330 7947 2 16000 16000 4195 1040 405 77598 77598 7773 19877 3769 3821 35240 42358 1 SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS 2066 35608061 SCHOLARSHIPS AND GRANTS - LANGUAGE VILLAGES 535 526549 Part I, Line 2: Concordia College 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 college or by donors of restricted funds. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 Dr William J Craft President 263493 0 0 0 51743 0 18550 0 47465 0 381251 0 50000 0 Linda J Brown Treasurer & VP for Finance 152595 0 0 0 861 0 11190 0 7455 0 172101 0 0 0 Dr Eric J Eliason Academic Affairs 154894 0 0 0 542 0 10922 0 1328 0 167686 0 0 0 Dr Albert Kagan Dean, VP Director, Business Research 155469 0 0 0 881 0 11177 0 10544 0 178071 0 0 0 Teresa Harland VP for Advancement 149830 0 0 0 119 0 10570 0 1355 0 161874 0 0 0 Bruce W Vieweg CIO, Assoc VP, Academic Affairs 129373 0 0 0 1372 0 9784 0 10584 0 151113 0 0 0 Part I, Line 1a President Craft received housing and personal services as part of his compensation package during the year. Part I, Line 4b a. A Section 457(f) plan was in place for William J. Craft during the year. The plan benefit is $200,000 accrued over a period from 1/1/13 - 7/1/15. On 7/1/15, a payment of $50,000 was made to President Craft from this plan. A City of Moorhead Minnesota 416005386 61615DBT6 2016-03-01 42985294 construct & renovate science center and refinance outstanding debt 0 0 0 A 42985294 2960744 19693461 320332 3541672 16469085 2017 1 1 0 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 RONDI MCGOVERN Family member of current trustee Disposition of donated stock X 1242200 809013 0 1 1 Shelly Neal family member of current trustee Disposition of donated stock X 1242200 809013 0 1 1 Christi Offutt family member of current trustee Disposition of donated stock X 1242200 809013 0 1 1 Ryan Offutt family member of current trustee Disposition of donated stock X 1242200 809013 0 1 1 3236052 SANfORD HEALTH CEO OF SANFORD HEALTH SERVES ON THE BOARD OF REGENTS 200000 SANFORD HEALTH PROVIDES MEDICAL SERVICES TO THE COLLEGE. 0 X 6 0 n/a X 48 1255420 Fair Market Value X 1 1 Fair Market Value X 1 105974 FAIR MARKET VALUE X 1 0 n/a X Electronics 1 0 n/a 1 0 1 1 Part I, Column (b): THE COLLEGE IS REPORTING THE NUMBER OF DONORS, NOT THE NUMBER OF ITEMS DONATED. Part I, Line 32b: THE COLLEGE CONTRACTS WITH BENTZ WHALEY FLESSNER & ASSOCIATES FOR CONSULTING SERVICES RELATED TO PROCURING CHARITABLE GIFTS RELATED TO THE COLLEGE'S MISSION. Part I, Line 33: WHEN THE COLLEGE RECEIVES A DONATION WITH NO MARKETABILITY, SUCH AS DONATED MEMORABILIA OR HOUSEHOLD GOODS, IT IS THE COLLEGE'S POLICY NOT TO ATTACH A VALUE TO THE ITEM UPON RECEIPT OF THE GIFT. Form 990, Part VI, Section A, line 1 Annually, nine members of the board are designated to serve on the executive committee which has the authority to act as may be necessary on behalf of the board between meetings. All actions of the executive committee are reported to the board. Form 990, Part VI, Section A, line 4 The bylaws of the organization were updated to change the frequency of the election of regents from six years to four years. Form 990, Part VI, Section A, line 7a Voting members of the corporation assembly elect members to the Board of Regents. Voting members are members of the board of regents and one pastor and two lay people from each conference or cluster in the corporate territory which coincides with the membership of the Evangelical Lutheran Church in America in the Eastern North Dakota Synod, the Western North Dakota Synod, the Montana Synod, the Northeastern Minnesota Synod, the Northwestern Minnesota Synod, and the Minnesota counties of Big Stone, Stevens, Pope and Stearns in the Southwestern Minnesota Synod. Form 990, Part VI, Section B, line 11 The Board of Regents has delegated responsibility for review of the Form 990 to the Governance Committee. A public inspection copy of the Form 990 was provided to the Governance Committee of the Board of Regents. Form 990, Part VI, Section B, line 12c THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO MEMBERS OF THE BOARD OF REGENTS AND TO KEY EMPLOYEES REPORTING DIRECTLY TO THE PRESIDENT. EACH OF THESE INDIVIDUALS IS EXPECTED TO ANNUALLY SIGN AND SUBMIT TO THE SECRETARY OF THE BOARD A STATEMENT DISCLOSING ALL MATERIAL FINANCIAL INTEREST ($10,000 OR MORE), KNOWN TO THE REGENT OR KEY EMPLOYEE, OF THE REGENT, KEY EMPLOYEE OR FAMILY MEMBER, IN ANY OUTSIDE ENTITY WITH WHICH THE REGENT OR KEY EMPLOYEE KNOWS THE COLLEGE HAS OR IS CONSIDERING A TRANSACTION OR OTHER BUSINESS RELATIONSHIP. ANNUAL DISCLOSURE STATEMENTS ARE REVIEWED BY THE SECRETARY, SUBMITTED TO THE CHAIR OF THE AUDIT COMMITTEE AND IF A MATERIAL FINANCIAL INTEREST IS DISCLOSED IT MAY BE REFERRED TO THE BOARD. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED REGENT WILL BE REQUIRED TO LEAVE THE MEETING PRIOR TO DISCUSSION OF AND VOTE ON THE PROPOSED TRANSACTION OR AGREEMENT. Form 990, Part VI, Section B, line 15 The compensation for the President is determined in an annual review by the Executive Committee of the Board of Regents. The review includes data from comparable institutions and a defined target within those institutions. The review and recommendation regarding compensation are presented to the Board of Regents for action. The decision is recorded in the minutes of the meeting. The compensation for the vice-presidents is determined in an annual review by the President. The review includes data from comparable institutions. Form 990, Part VI, Section C, line 19 Governing documents and the conflict of interest policy are available upon request. The public inspection copy of Form 990 is also available upon request. Form 990, Part XI, line 9: Actuarial Adjustment -1,572,573. Cash Surrender Value of Life Insurance 122,857. Form 990, Part XII, Line 2c The selection and oversight process regarding the financial statement audit has not changed from the prior year. Charitable Remainder Unitrust (51) Charitable Trust MN N/A T 0 CHARITABLE REMAINDER ANNUITY TRUST (1) charitable Trust MN N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0