2011-05-11T15:26:59-05:00 2010-06-30 Baker Tilly Virchow Krause LLP 225 S 6th St Ste 2300 Minneapolis MN 55402 990 2009-07-01 952798775 Concordia University Irvine CONC 9492143126 1530 Concordia West Irvine CA 926123203 Kevin Tilden 9492143126 2011-05-11 1 6128764500 2011-05-11 2009 2016-02-24 21:20:13Z Kevin Tilden 1530 Concordia West Irvine CA 92612 60513560 0 X www.cui.edu X 1972 CA Concordia University is a Christian University with 1558 Undergraduate and 1369 Graduate Students. Concordia is the emerging leader among Christian colleges in Southern California - a special place where academic excellence is achieved among friends and where graduates leave prepared for ministry, ready to change the world. At Concordia, students live their faith not for one hour, one day, or once a week. Here, we live our Christian faith as it is meant to be lived: through learning, service, and leadership. There are so many ways to worship, study, and serve the Lord at Concordia. 14 14 982 31 0 0 4896136 8755417 46464542 51438187 341367 195514 275123 124442 51977168 60513560 12066037 13321955 0 20662100 21501723 0 0 18674742 19325568 51402879 54149246 574289 6364314 82664356 87875263 50709501 48939266 31954855 38935997 Concordia University Irvine, guided by the Great Commission of Christ Jesus and the Lutheran Confessions, empowers students through the liberal arts and professional studies for lives of learning, service, and leadership. 0 0 28026338 13321955 42773644 Instruction- divisionalInstruction, includes grants and allocations. Concordia University currently has 1,558 undergraduate students and 1,369 graduate students 10895391 Academic Support and student ServicesAcademic Support includes Office of the Provost, Deans of various Academic Divisions, and University Library services. Student Services includes Admissions, Financial Aid, Registrar, and Athletics. 6802075 8788985 Auxilary ServicesAuxiliary enterprises at Concordia are generally comprised of residence halls, a dining hall and a snack shop. 45723804 1 1 0 0 0 0 1 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0 1 1 0 0 1 131 0 982 1 0 0 0 0 0 0 0 0 0 14 14 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X Kevin Tilden 9492143126 1530 Concordia West Irvine CA 92612 Paul Brandt 1.00 X 0 0 0 Robert Dargatz 1.00 X 0 0 0 John Friend 1.00 X 0 0 0 Delbert Glanz 1.00 X 0 0 0 Gene Haertling 1.00 X 0 0 0 Craig Olson 1.00 X 0 0 0 Lee Precup 1.00 X 0 0 0 Kathi Romsa 1.00 X 0 0 0 Patrick Stacker 1.00 X 0 0 0 Larry Stoterau 1.00 X 0 0 0 Robert Newton 1.00 X 0 0 0 Randall Golter 1.00 X 0 0 0 Kari Grimm 1.00 X 0 0 0 Cynthia M Newkirk 1.00 X 0 0 0 Donald G Tietjen 1.00 X 0 0 0 Rachel Klitzing 1.00 X 0 0 0 Dr Mary E Fink 1.00 X 0 0 0 Dr Audrey G Williams 1.00 X 0 0 0 Jacob Preus 40.00 X 156772 0 72472 Paul Crumb 40.00 X 212091 0 27446 Gary McDaniel 40.00 X 126909 0 17520 Mary Scott 40.00 X 158582 0 25247 Loren Kramer 40.00 X 32042 0 11549 Kevin Tilden 40.00 X 126771 0 23466 Dean Vieselmeyer 40.00 X 136298 0 13403 Timothy Preuss 40.00 X 119561 0 16803 Curt Cattau 40.00 X 122073 0 11423 Gregory Seltz 40.00 X 123107 0 17979 James Bachman 40.00 X 119450 0 13049 1433656 0 250357 22 0 1 0 Bon Appetit 1000 West Temple Street Los Angeles CA 90074 Food Service 2200481 Aramark Facilities Services 24818 Network PL Chicago IL 606731248 Facilities Maintenance 1668336 2 445635 219846 8089936 385886 8755417 Tuition and Fees 611710 42649202 42649202 Auxiliary enterprises 900099 8788985 8788985 51438187 195514 195514 Other Income 900099 124442 124442 124442 60513560 51562629 0 195514 13321955 13321955 813167 813167 17070499 15578310 1492189 1402873 1228722 174151 1245735 1100644 145091 969449 734303 235146 168781 168781 102654 102654 5785377 4753852 1031525 757689 757689 283303 97230 186073 494254 43751 450503 1959994 1243384 716610 965277 855558 109719 90422 40306 50116 1126509 912472 214037 3011519 2447855 563664 415839 27877 387962 Bond related fees 1239115 1239115 Program Activity 1050811 1028327 22484 Equipment rental 1042734 1042734 0 Miscellaneous 195706 195706 Building Repairs & Main 163124 33228 129896 472460 279901 192559 54149246 45723804 8425442 0 157100 610839 603854 242541 4667581 2788368 2602989 126000 421109 388399 447527 623967 103406598 37635783 67045578 65770815 5117482 5742511 5864912 7318047 82664356 87875263 1762884 2941205 3971052 4461840 39095000 37480000 3853191 1738189 130582 345056 1896792 1972976 50709501 48939266 X 19599423 20209916 1942406 7895886 10413026 10830195 31954855 38935997 82664356 87875263 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125841 X 0 9190027 314334 833035 10337396 10726670 491407 -1708050 320000 9190027 1.00000 0 0 1209418 1209418 86741163 29177320 57563843 8194474 3179959 5014515 7135702 5278504 1857198 125841 125841 65770815 Interest In Net Assets of Concordia University Foundation 3288027 Beneficial Interest in Perpetual Funds 795883 Beneficial Interest in Split Int Agreements 1021700 Unamortized Bond Issue Costs 851871 Cash Surrender value of life insurance 243066 Deposits Held by Trustees 1117500 7318047 Interest rate exchange liability 1972976 1972976 60513560 54149246 6364314 515101 101727 616828 6981142 47808433 515101 101727 616828 47191605 13321955 13321955 60513560 40827291 440000 440000 40387291 13761955 13761955 54149246 Part III, Line 4: The art collection is held by Concordia solely for the preservation/benefit for future generations. Part X: Description of Uncertain Tax Positions Under FIN 48: The Internal Revenue Service has determined that the University and its related Foundation are exempt from federal income tax under Section 501(c) (3) of the Internal Revenue Code. They are also exempt from state income taxes. However, any unrelated business income may be subject to taxation. In accordance with the accounting standard on Accounting for Uncertainty in Income Taxes, the University addresses the determination of whether tax benefits claimed on a tax return should be recorded in the financial statements. Under this guidance, the University may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merit of the position. Examples of tax positions include the tax-exempt status of the University and various positions related to the potential sources of unrelated business taxable income. There were no significant unrecognized tax benefits identified or recorded as liabilities during fiscal year 2010. Open tax years subject to examination by the U.S. and state taxing authorities are for the years 2007 to 2009, which statutes expire in 2010 to 2012, respectively. Part XI, Line 8 - Other Adjustments: Unrealized loss on interest rate exchange agreement: -76185. Change in interest in net assets of Concordia University Foundation: 3498. Change in value of beneficial interest in split-interest agreements: 98043. Change in value of beneficial interest in perpetual funds: 76371. Part XII, Line 2d - Other Adjustments: Unrealized loss on interest rate exchange agreement: -76185. Change in interest in net assets of Concordia University Foundation: 3498. Change in value of beneficial interest in split-interest agreement: 98043. Change in value of beneficial interest in perpetual funds: 76371. Part XII, Line 4b - Other Adjustments: Scholarships: 13321955. Part XIII, Line 2d - Other Adjustments: Reserve for lease settlement obligation: 440000. Part XIII, Line 4b - Other Adjustments: Scholarships: 13321955. Reserve for Settlement of lease obligation: 440000. 1 1 1 The Statement of non-discriminatory policy is published in the University's catalog, handbook & all promotional publications. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE UNIVERSITY RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS THE PERKINS STUDENT LOAN PROGRAM, FEDERAL WORK STUDY PROGRAM, PELL GRANT PROGRAM, AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM. 1 East Asia and the Pacific 0 2 Program Services Develop meaningful relationships with Chinese business leaders, educators, professionals and community members for the benefit of student internships in the People's Republic of China. 159717 0 2 159717 1 Tuition Discount 1273 13321955 Book Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Concordia University Irvine 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. The Office of Financial Aid is accountable for monitoring and disbursing all financial assistance to student accounts. X 0 0 X X X X 0 0 0 0 0 0 0 0 0 Jacob Preus 142692 0 0 0 14080 0 0 0 72472 0 229244 0 0 0 Paul Crumb 170158 0 0 0 41933 0 0 0 27446 0 239537 0 0 0 Mary Scott 147900 0 0 0 10682 0 0 0 25247 0 183829 0 0 0 Kevin Tilden 126171 0 0 0 600 0 0 0 23466 0 150237 0 0 0 Part I, Line 1a The President of the University resides in campus provided housing year-round. California Statewide Communities Development Authority 952798775 2001-11-08 7750000 Construction of Dormitory/ Gym; Debt Refinance 0 0 California Statewide Communities Development Authority 952798775 2001-11-08 20250000 Construction of Dormitory/ Gym; Debt Refinance 0 0 Colorado Educational and Cultural Facilities Authority 952798775 2005-12-15 25000000 Construction of new buildings; improvement of athletic facilities 0 0 7750000 35262 7714737 2002 0 0 1 1 20250000 336798 19913202 2002 0 0 1 1 25000000 4609598 685907 19704000 2006 1 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 1 US Bank 10.000000000000 0 0 0 0 1 1 US Bank 10.000000000000 0 0 0 0 1 0 0 0 0 Preus Jacob X 106331 106331 0 1 1 Eshetu Abate Kyra X 62127 62127 0 1 1 Lori Siekmann X 65000 65000 0 1 1 Lori Siekman X 7500 7500 0 1 1 Konrad Hack X 15000 15000 0 1 1 Scott Rhodes X 30000 3941 0 1 1 Scott Rhodes X 71000 71000 0 1 1 Daniel Van Voorhis X 57000 57000 0 1 1 387899 Jacob Preus President of the University 746140 In September 2009, the University President left office. Pursuant to the terms of a shared equity agreement related to a home located adjacent to the University, the President purchased a 49% share of the subject property during his term of office and occupied it as his principal residence. Subject to the terms of the agreement and multiple appraisals, the University purchased the President's share upon his separation from the University for $746,140. 0 Dan Walker University Board of Regent 0 Dan Walker, who serves as a University Board of Regent, is also the President of Farmers and Merchants Bank. The University maintains several accounts at the bank which are used for general operating purposes in the normal course of business. 0 X 2 26067 Fair market value X 1 5012 Appraisal X 1 354767 APPRAISAL X Gift Certificate 1 40 Cost 3 0 1 0 Form 990, Part VI, Section A, line 1 The Board of Regents has granted the authority to the following committees which are comprised of board members as well as executive staff members: (1) Investment Committee - charged with the oversight of the Universitys endowment, investment decisions, and all custodial concerns related to Concordias financial instruments. (2) Finance/Audit Committee - charged with the oversight of the financial management of the University, including the review of all external financial reporting and the annual audit process. (3) Compensation Committee - charged with the review and approval of all compensation structures relating to faculty, staff, and key employees. Form 990, Part VI, Section A, line 7a The Synod holds a convention every three years, which is comprised of local Lutheran congregations. A representative of the congregations is appointed who in turn votes for three members of the Board of Regents. Form 990, Part VI, Section B, line 11 The Board assigns authority to the finance committee to perform a thorough review of the Form 990 prior to filing. Form 990, Part VI, Section B, line 12c In their capacity as directors, the members of the Board of Directors of Concordia University Irvine must act at all times in the best interests of the University. All actual and potential conflicts of interests shall be disclosed by Board members to the appropriate personnel within the University through the annual disclosure form and/or whenever a conflict arises. The disinterested members of Board shall make a determination as to whether a conflict exists and what subsequent action is appropriate (if any). If it is determined that a conflict of interest does in fact exist, the interested Board Member (s) is/are recused from participating in debates and votes on the matter. Staff and faculty of the organization are regularly required to reaffirm their adherence to and understanding of the need to disclose any potential conflicts of interest. Form 990, Part VI, Section B, line 15 Compensation decisions are subject to review and concurrence by senior members of staff. Comparability data as provided by Watson and Wyatt is used as a benchmark, and the methodology of the decision is documented by Human Resources. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest, and related documents are housed on the Human Resources website. Part XI, line 2c The process for oversight of the audit has not changed from the prior year. Concordia University Irvine Foundation 1530 Concordia West Irvine CA 92612 237326171 Fundraising for Concordia University CA 501(c)(3) 11a Concordia University Irvine 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 Concordia University Foundation C 445635 Concordia University Foundation L 3989636 Concordia University Foundation N 760408