2013-02-07T09:26:08-07:00 2012-06-30 990 2011-07-01 470378777 CONCORDIA UNIVERSITY CONC 4026437380 800 North Columbia Ave Seward NE 68434 Dave Kumm 4026437380 2013-01-11 2011 2016-02-25 16:41:14Z David L Kumm Concordia University Nebraska 800 North Columbia Ave Seward NE 68434 44886365 0 1709 X www.cune.edu X 1894 NE Founded in 1894 by The Lutheran Church-Missouri Synod, Concordia University, Nebraska is a private, coeducational institution of higher learning. The main campus is located in Seward, Neb. (population 6,500), about 25 miles west of Lincoln, the state capitol. The graduate school and degree completion program are based in Lincoln. Concordia is committed to providing excellent professional and liberal arts programs in an environment that richly supports the Christian growth of its students. 2531 students registered for the 2011 term. 17 15 921 231 0 0 5165050 6499392 34448277 36742832 1444997 1513886 8058 -2427 41066382 44753683 11915738 13046046 0 0 13444184 14140500 33543 43794 1437199 13767985 13988172 39161450 41218512 1904932 3535171 87976148 91091218 28573483 29193482 59402665 61897736 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 13046046 13046046 13046046 Scholarship Programs: Scholarship Awards. 1155 students received scholarships from the $13,046,046 scholarships awarded. 17581038 0 17967204 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. (2531 total student count) 3761678 0 5729582 Auxiliary Services - the cost for student room and board. On average Concordia University housed 838 students and 925 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 34388762 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 87 0 1 921 1 0 0 0 0 0 1 1 0 0 0 0 X 17 15 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 X Dennis Brink 0.6 X 4437 0 0 Robert Cooksey 0.6 X 0 0 0 Keith Grimm 0.6 X 120 0 0 Barry Holst 0.6 X 0 0 0 Mike Klintworth 0.6 X 0 0 0 James Knoepfel 0.6 X 9988 0 0 John Kuddes 0.6 X 0 0 0 Lyle Middendorf 0.6 X 0 0 0 Timothy Moll 0.6 X 0 0 0 Bonnie O'Neill Meyer 0.6 X 0 0 0 Paul Schudel 0.6 X 0 0 0 Russell Sommerfeld 0.6 X 0 0 0 Max Wake 0.6 X 0 0 0 Karl Ziegler 0.6 X 0 0 0 Jill Wild 0.6 X 0 0 0 Monique Nunes 0.6 X 0 0 0 Tim Schwan 0.6 X 0 0 0 Brian Friedrich 65 X 76010 0 174798 David Kumm 55 X 101910 0 61551 Peter Kenow 55 X 35077 0 88649 Scott Seevers 55 X 2389 0 104375 Jenny Mueller-Roebke 55 X 38240 0 94711 Richard Maddox 55 X 15590 0 93843 283761 0 617927 1 0 1 0 Chartwells Foodservice PO Box 91337 Chicago IL 606931337 Foodservice 2211803 ARAMARK Management Services One ServiceMaster Way Downers Grove IL 605151700 Facility Management 1519527 Educators Advancement Group 20624 Abbey Woods Ct N Frankfort IL 604233198 Consulting 585693 Kingery Construction Company 201 N 46 street Lincoln NE 68503 Construction 1337839 Meyer Partners LLC 1701 E Woodfield Rd Ste 425 Schaumburg IL 60173 Fundraising Consulting 171456 5 0 0 36567 245507 413725 5803593 71438 6499392 Tuition and Fees 900099 30096281 30096281 0 0 Auxiliary Services 900099 5729582 5729582 0 0 Other Income 900099 916969 916969 0 0 0 0 0 0 36742832 1422420 0 0 1422420 68022 0 0 68022 0 0 0 0 0 0 102899 16296 95751 0 7148 16296 23444 0 0 23444 34504 34504 36931 -2427 0 -2427 0 44753683 36742832 0 1511459 0 0 13046046 13046046 0 0 0 0 882017 311204 242989 327824 0 0 0 0 10244289 8362667 1344978 536644 693610 553552 103895 36163 1861391 1070937 713031 77423 459193 366785 69388 23020 0 0 0 0 10334 0 10334 0 61725 0 61725 0 0 0 0 0 43794 43794 94671 0 94671 0 5214405 4614878 567048 32479 158247 34092 111052 13103 827833 551986 204702 71145 452314 102665 337219 12430 0 0 0 0 1556492 910528 626106 19858 810559 688887 25382 96290 0 0 0 0 100799 89549 5240 6010 1120938 1018382 102556 0 0 0 0 0 2658920 2135197 502354 21369 74728 49803 24797 128 Repairs and Maintenance 78203 42234 35077 892 Equipment 327025 311695 13807 1523 Dues and Subscriptions and Periodicals 136152 62542 72786 824 Hospitality 88348 52542 9181 26625 216479 12591 114233 89655 41218512 34388762 5392551 1437199 706993 207515 598542 259642 1590664 1747677 356294 459080 0 0 0 0 1084815 1063832 7987 17912 381914 288468 85741944 33270057 49947464 52471887 26990177 27607282 0 0 0 0 0 0 6311298 6967923 87976148 91091218 2438494 3730044 0 0 560590 599825 21950000 21560000 0 0 0 0 0 0 0 0 3624399 3303613 28573483 29193482 X 15763682 16550948 18973176 19245844 24665807 26100944 59402665 61897736 87976148 91091218 X 3535171 -1040100 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 0 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 0.058 0.9358 0.0062 1 1 1 0 700972 700972 0 63088223 22174389 40913834 0 0 0 0 0 9729725 4709591 5020134 0 12223024 6386077 5836947 52471887 Funds Held by Third Party Trustee 1659288 Unamortized Bond Issuance Cost 427142 Deposits 12499 Funds on Deposit with Bond Trustee 1372505 Split Interest Agreements Held by 3rd Party 2178750 Cash Surrender Value of Life Insurance 529994 Art Work 46850 Accrued Interest Receivable 51900 Bequests Receivable 688995 6967923 0 Capital Lease 554536 Deposits Payable 376423 Funds Held in Custody of Others 50409 Asset Retirement Obligation 626036 Refundable Advances Federal Perkins 980252 Due to Foundation 715957 3303613 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. 88.2% of the fund is designated for scholarships, 5.9% of the fund is for institutional support, 3.2% is for instructional/academic support and 2.7% 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 Investments 2677423 Central America and the Caribbean 0 0 Program Services Educational Services 20055 Europe (including Iceland and Greenland) 0 0 Program Services Educational Services 31712 0 0 2729190 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 688951 36000 652951 688951 36000 652951 Plum Creek 33125 16489 16636 0 0 5399 0 0 7934 Bulldog Golf Classic 27696 15978 11718 300 1844 12173 0 0 1413 1 10250 4100 6150 0 1249 5565 0 0 1054 71071 36567 34504 300 3093 23137 0 0 10401 36931 -2427 SchG_P01_S00_L03 Schedule G, Part I, Line 3 The University is an organization that was established and is controlled and/or managed by a religious denomination - The Lutheran Church - Missouri Synod. Consequently, the University is exempt from registration in most states due to its status as a religious organization. The University is taking steps with legal counsel to register or file for an exemption in those states where it expects to solicit funds in the future. 1 Scholarships 1155 13046046 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 76010 0 0 0 8400 0 50181 0 116217 0 250808 0 231999 0 David Kumm 101910 0 0 0 0 0 20918 0 40633 0 163461 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, Peter Kenow and Scott Seevers. These individuals for IRS purposes are considered self-employed. Nebraska Educational Finance Authority 521293953 63966PQX5 2007-05-30 22651631 Construction of Facility and Refunding of prior issue (8/31/05) 0 0 0 1110000 0 23533649 1372504 1288837 0 453033 0 0 13903548 6515727 0 2009 1 0 1 1 0 0 0 0 0.0005 0 0.0005 1 0 0 0 1 See Part VI 2.2 1 0 1 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_L04b Schedule K, Part IV, Line 4b Construction Fund - FSA Capital Management, Resesrve Fund - Societe Generale SchK_P04_S00_L04c Schedule K, Part IV, Line 4c Construction Fund - 2.2 years, Reserver 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 8804 Tuition Waiver David Kumm CFO, Key Employee 26528 Tuition Waiver Peter Kenow Key Employee 9594 Tuition Waiver James Knoepfel Board member 11574 Tuition Waiver Jill Wild Board Member 3834 Tuition Waiver Dennis Brink Board Member 8874 Tuition Waiver Lynne Kumm Spouse of Officer 32947 Employee Salary Payment 0 Meyer Partners LLC Independent Contractor 162851 Fundraising Consulting Services 0 SchL_P04_S00_L00 Schedule L, Part IV All transactions with interested persons are at arms length. Director Bonnie Meyer is a Partner in Meyer Partners LLC. X 12 71438 selling price 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 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 2012. 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_P07_S0A_L01a Form 990, Part VII, Section A, Line 1a For each person listed in column (A), they had the following average hours devoted to Concordia Foundation Nebraska, related organization listed in schedule R: Dennis Brink .6, Robert Cooksey .6, Keith Grimm .6, Barry Holst .6, Mike Klintworth .6, James Knoepfel .6, John Kuddes .6, Bonnie O'Neill Meyer .6, Lyle Middendorf .6 ,Tim Moll .6, Paul Schudel .6, Tim Schwan .6, Russ Sommerfeld .6, Max Wake .6, Jill Wild .6, Karl Ziegler .6, Monique Nunes .6, Brian Friedrich 3, David Kumm .6, Richard Maddox 2 F990_P11_S00_L05 Form 990, Part XI, Line 5 Net unrealized gain loss on investment - $(997,334), Change in beneficial interest in split-interest agreements - $(54,624), Change in beneficial interest in perpetual funds - $11,858. Concordia Foundation Inc 800 North Columbia Ave Seward NE 68434 476034005 See Part VII NE 501(c)3 509(a)(3) Type III N/A 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 Concordia Foundation Inc c 245507 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. Files form 8868 - Application for Extension of Time for an automatic 3-month extension.