2014-04-29T15:44:16-07:00 2013-06-30 990 2012-07-01 470378777 CONCORDIA UNIVERSITY CONC 4026437380 800 North Columbia Ave Seward NE 68434 Dave Kumm 4026437380 2014-04-07 2012 2015-11-30 17:44:51Z Concordia University Nebraska Brian Friedrich Concordia University Nebraska 800 North Columbia Ave Seward NE 68434 45510711 0 1709 X www.cune.edu X 1894 NE Founded in 1894 by The Lutheran Church-Missouri Synod, Concordia University is a private, coeducational institution of higher learning. The main campus is located in Seward, Neb. The graduate school and degree completion program are based in Lincoln Nebraska. Concordia is committed to providing excellent professional and liberal arts programs in an environment that richly supports the Christian growth of its students. 2527 students registered for the 2013 term. 17 14 900 226 0 0 6499392 5247663 36742832 38756167 1513886 1299098 -2427 -5714 44753683 45297214 13046046 13616907 0 0 14140500 14486728 43794 47022 1301045 13988172 15834676 41218512 43985333 3535171 1311881 91091218 95629877 29193482 30884710 61897736 64745167 Concordia University, Nebraska is an excellent academic and Christ-centered community equipping men and women for lives of learning, service and leadership in the church and world. Vision - by 2015 Concordia University, Nebraska will grow and expand its influence to diverse populations by fostering collaboration and adapting to our changing environment while remaining faithful to our mission of excellent Christian education. What Concordia stands for - The university is committed to the Christian growth of its students through degree programs in professional education and the liberal arts. In addition, Concordia's faculty, staff and students are committed to service to the church and community and to scholarly activity and research. 0 0 13616907 13616907 13616907 Scholarship Programs: Scholarship Awards. 1148 students received scholarships from the $13,616,907 scholarships awarded. 19217810 0 19185613 Higher Education: Concordia University Nebraska provides a complete Christian liberal arts education. These program service expenses are costs related to educating students in all University programs. (2527 total student count) 3693275 0 5953647 Auxiliary Services - the cost for student room and board. On average Concordia University housed 845 students and 940 used Concordia's campus dining services for a plan that allowed 5 meals per week to an unlimited number of meals per week. 0 0 0 36527992 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 0 1 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1 1 1 0 0 0 0 1 1 0 0 0 1 82 0 1 900 1 0 0 0 0 0 1 1 0 0 0 0 X 17 14 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X David Kumm 4026437380 Concordia University NE 800 North Columbia Ave Seward NE 68434 Dennis Brink 0.6 0.6 X 4437 0 0 Robert Cooksey 0.6 0.6 X 0 0 0 Keith Grimm 0.6 0.6 X 0 0 0 Barry Holst 0.6 0.6 X 0 0 0 James Knoepfel 0.6 0.6 X 11525 0 0 John Kuddes 0.6 0.6 X 0 0 0 Lyle Middendorf 0.6 0.6 X 0 0 0 Timothy Moll 0.6 0.60 X 720 0 0 Bonnie O'Neill Meyer 0.6 0.6 X 0 0 0 Paul Schudel 0.6 0.6 X 0 0 0 Russell Sommerfeld 0.6 0.60 X 0 0 0 Max Wake 0.6 0.6 X 0 0 0 Jill Wild 0.6 0.6 X 12875 0 0 Tim Schwan 0.6 0.6 X 0 0 0 Lesa Covington Clarkson 0.6 0.6 X 0 0 0 Eugene Gierke 0.6 0.6 X 0 0 0 Andrew Stadler 0.6 0.6 X 0 0 0 Brian Friedrich 65 3 X 64585 0 228458 David Kumm 55 0.6 X 106934 0 55817 Scott Seevers 55 0 X 3428 0 112218 Jenny Mueller-Roebke 55 0 X 40946 0 144605 Richard Maddox 55 2 X 32916 0 122554 278366 0 663652 1 0 1 0 Kiewit Building Group Inc 15002 Collection Center Dr Chicago IL 606930150 Construction Company 3266269 Chartwells Foodservice PO Box 91337 Chicago IL 606931337 Foodservice 2147962 ARAMARK Management Services One ServiceMaster Way Downers Grove IL 605151700 Facility Management 1678872 Kingery Construction Company 201 N 46 Street Lincoln NE 68503 Construction 1631017 Educators Advancement Group 20624 Abbey Woods Ct N Frankfort IL 604233198 Consulting 664007 11 0 0 17227 288017 446715 4495704 192827 5247663 Tuition and Fees 900099 31520951 31520951 0 0 Auxiliary Services 900099 5953647 5953647 0 0 Other Income 900099 1281569 1281569 0 0 0 0 0 0 38756167 1189771 0 0 1189771 67613 0 0 67613 0 0 0 0 0 0 213926 24742 196954 0 16972 24742 41714 0 0 41714 10829 17227 16543 -5714 0 -5714 0 45297214 38756167 0 1293384 X 0 0 13616907 13616907 0 0 0 0 808151 229875 250395 327881 0 0 0 0 10461305 8612383 1432778 416144 722388 575678 112131 34579 2020722 1123940 838061 58721 474162 378626 66588 28948 0 0 0 0 13900 0 8900 5000 54000 0 54000 0 0 0 0 0 47022 47022 106316 0 106316 6463028 5714057 715934 33037 143621 26467 106896 10258 882331 571315 209368 101648 452715 89685 348372 14658 0 0 0 0 1694866 899830 786304 8732 946330 849901 30244 66185 98103 81897 6745 9461 1126406 990242 136164 2814301 2229762 564162 20377 110692 81785 28703 204 Repairs and Maintenance 95825 41036 53415 1374 Equipment 306709 277335 28731 643 Dues 172907 83625 87422 1860 Hospitality 88479 49537 6299 32643 264147 4109 178368 81670 43985333 36527992 6156296 1301045 207515 36604 259642 386751 1747677 1386897 459080 512522 0 0 0 0 1063832 1135818 17912 10793 288468 343888 90204720 35898985 52471887 54305735 27607282 30171077 0 0 0 0 0 0 6967923 7339792 91091218 95629877 3730044 5101931 0 0 599825 1664832 21560000 21150000 0 0 0 0 0 0 0 0 3303613 2967947 29193482 30884710 X 16550948 16878552 19245844 20538051 26100944 27328564 61897736 64745167 91091218 95629877 X 1311881 1276613 0 0 0 258937 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 0 27525306 1449822 2373568 1180900 0 106316 30061480 26796333 1401834 343865 922055 0 94671 27525306 21518785 1096039 5145859 875217 0 89133 26796333 18197412 1095303 3294747 991087 0 77590 21518785 20443508 1298132 -2449752 1024653 0 69823 18197412 0.0703 0.9238 0.0059 1 1 1 0 700972 700972 0 69258187 23559290 45698897 0 0 0 0 0 10759353 5684903 5074450 0 9486208 6654792 2831416 54305735 Funds Held by Third Party Trustee 1682954 Unamortized Bond Issuance Cost 409999 Deposits 11409 Funds on Deposit with Bond Trustee 1372505 Split Interest Agreements Held by 3rd Party 2601203 Cash Surrender Value of Life Insurance 570948 Art Work 46850 Accrued Interest Receivable 57024 Bequests Receivable 586900 7339792 0 Capital Lease 493043 Deposits Payable 374366 Funds Held in Custody of Others 52579 Asset Retirement Obligation 594410 Refundable Advances Federal Perkins 990460 Due to Foundation 463089 2967947 SchD_P03_S00_L01 Schedule D, Part III, Line 1 Concordia University elects not to report on the balance sheet collections of art and historical treasures. SchD_P03_S00_L04 Schedule D, Part III, Line 4 Concordia owns the Bartels Rock Museum which has more than 75 displaces of minerals, agate, fossils and rocks. In 1983, a donor gifted a large portion of their rock collection to Concordia, where it could be enjoyed by students and visitors. Concordia makes this available for public display which is educational for the Concordia students and the public. The Rock Museum is open to the public at no charge. Concordia also owns and operates the Marxhausen Gallery which houses permanent art collections and is used as an exhibition location for students to share their senior thesis exhibitions among other exhibitions. The gallery is open to the public at no charge. SchD_P05_S00_L04 Schedule D, Part V, Line 4 Our endowment fund consists of several different intended designations. 88.6%of the fund is designated for scholarships, 6.0% of the fund is for institutional support, 2.9% is for instructional/academic support and 2.6% is for student services. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 Concordia University policy of racial nondiscrimination is published in "Lutheran Witness", "Reporter", local newspaper and the Admission Office literature. The Admission Office literature is made available to prospective students. SchE_P01_S00_L06 Schedule E, Part I, Line 6 Financial aid assistance is received from the following programs: Federal Pell Grant, Federal Supplemental Educational Opportunity grant program, Federal TEACH Grant, Federal Work Study, Federal Direct Student Loans, Federal Perkins Loan and Federal Family Education Loan Programs. Central America and the Caribbean 0 0 Program Services Educational Services 24433 Europe (including Iceland and Greenland) 0 0 Program Services Educational Services 254818 Central America and the Caribbean 0 0 Investments 3076299 0 0 3355550 0 0 0 1 0 0 SchF_P01_S00_L03 Schedule F, Part I, Line 3 The fair value of investments has been estimated using the net asset value per share of the investments and in conformity with accounting principles generally accepted in the United States of America. The expenditures are recorded in the University's enterprise reporting system using the accrual method in conformity with accounting principles generally accepted in the United States of America. X X X X X X 1 Meyer Partners LLC 1701 E Woodfield Rd Ste 425 Schaumburg IL 601735313 Consult on direct mail programs. 0 678660 36000 642660 678660 36000 642660 All States Bulldog Golf Classic 28056 17227 10829 400 3053 7083 4289 0 1718 0 0 28056 17227 10829 400 3053 7083 4289 0 1718 16543 -5714 1 Scholarships 1148 13616907 0 book SchI_P01_S00_L02 Schedule I, Part I, Line 2 Financial Aid monitors all the scholarships that are awarded to the students to make sure they fall within the required guidelines. X 1 1 X X 0 0 0 0 0 0 0 0 0 Brian Friedrich 64585 0 0 0 0 0 116000 0 121662 0 302247 0 0 0 David Kumm 106934 0 0 0 0 0 23439 0 32378 0 162751 0 0 0 Jenny Mueller-Roebke 40946 0 0 0 0 0 80260 0 64346 0 185552 0 0 0 Richard Maddox 32916 0 0 0 0 0 32239 0 90315 0 155470 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Housing Allowance. As qualified Ministers of religion the following individuals received housing allowance as a part of compensation; not reportable on form W-2; Brian Friedrich, Jenny Mueller-Roebke, Richard Maddox and Scott Seevers. These individuals for IRS purposes are considered self-employed. A Nebraska Educational Finance Authority 521293953 63966PQX5 2007-05-30 22651631 Construction of Facility and Refunding of prior issue (8/31/05) 0 0 0 A 1520000 0 23533649 1372504 1288837 0 453033 0 0 13903548 6515727 0 2009 1 0 1 1 A 0 0 0 0 0.0005 0 0.0005 1 0 1 A 0 0 1 1 0 0 1 See Part VI 2.2 1 0 0 A 0 SchK_P01_S00_L00f Schedule K, Part I, Column f Construct Facility and Refund prior issue (8/31/05) SchK_P02_S00_L03 Schedule K, Part II, Line 3 The total proceeds do not agree to the issue price in Part I, Column (e) due to investment earnings. SchK_P04_S00_L02c Schedule K, Part IV, Line 2c (a) Issuer Name: Nebraska Educational Finance Authority Date the Rebate Computation was performed: 05/31/2012 SchK_P04_S00_L05b Schedule K, Part IV, Line 5b Construction Fund - FSA Capital Management, Reserve Fund - Societe Generale SchK_P04_S00_L05c Schedule K, Part IV, Line 5c Construction Fund - 2.2 years, Reserve Fund - 8.3 years SchK_P05_S00_L00 Schedule K, Part V We are in the process of adopting VCAP procedures. Brian Friedrich President, Key Employee 8775 Tuition Waiver Dependent Tuition Waiver David Kumm CFO, Key Employee 17838 Tuition Waiver Dependent Tuition Waiver James Knoepfel Regent 13295 Tuition Waiver Dependent Tuition Waiver Jill Wild Regent 8224 Tuition Waiver Dependent Tuition Waiver Tim Moll Regent 720 Tuition Waiver Dependent Tuition Waiver Lynn Kumm Spouse of Officer 34621 Employee Salary Payment 0 Meyer Partners LLC Independent Contractor 150138 Fundraising Consulting Services 0 SchL_P04_S00_L00 Schedule L, Part IV All transactions with interested persons are at arms length. Regent Bonnie Meyer is a Partner in Meyer Partners LLC. X 13 192827 Average of High Low 0 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b Donors will transfer publicly traded stock in to our Edward Jones account and Edward Jones will sell the stock and issue us payment. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b As a postsecondary education institution of the Lutheran Church Missouri Synod, the Concordia University Systems Board of Higher Education may have final approval over some decisions. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b All Board members are given an electronic link to review the 990 online. The finance committee of the Board of Regents will review and present to the Board. Schedule B is not shared with the entire Board. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Each Board member and cabinet officer is required to review and sign the conflict of interest policy yearly. The governance committee and the chair of the Board are given copies of the board members signed policies and a review is performed and conflicts noted. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Currently the Personnel committee manages the compensation based on market study for the President and the President works with the Personnel committee to manage the cabinet officers. The Personnel committee has direct oversight and requests market comparability information for their review. The market comparability is done in the Fall. This was last done in the Fall of 2013. Concordia uses State of Nebraska, CUPA-HR, GOPAC, CUS and AICUN data when available for the comparability information. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 At this time they are not readily available to the public. We would make them available for public inspection upon request. F990_P09_S00_L11g Form 990, Part IX, Line 11g Foodservice Contracted Services - $2,529,379; Contracted Services for Graduate Recruiting - $1,208,002; Contracted Services for Buildings and Grounds - $1,872,252; Athletic Officials - $55,791; Contracted Services for Security - $216,058; Other Miscellaneous contracted services and stipends - $581,546. F990_P11_S00_L09 Form 990, Part XI, Line 9 Change in beneficial interest in split-interest agreements $233,178 Change in beneficial interest in perpetual funds $25,759 Concordia Foundation Nebraska 800 North Columbia Ave Seward NE 68434 476034005 See Part VII NE 501(c)3 509(a)(3) Type I N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 Concordia Foundation Nebraska c 288017 Cost SchR_P02_S00_L00 Schedule R, Part II Primary activity - promote the University through solicitation of funds to encourage various activities of the University. We filed for an extension of time to allow more time for our legal counsel to review. Extension was granted by IRS.