Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $544,824

• 1d · Related organizations

  $5,000

• 1e · Government grants (contributions)

  $792,880

• 1f · All other contributions, gifts and grants

  $670,972

• 1g · Noncash contributions included above

  $18,700

• 8a · Fundraising events: gross income

  $109,606

• 8a · Fundraising events: contributions included on line 1c

  $544,824

• 8b · Fundraising events: direct expenses

  $325,495

• 8c · Net income from fundraising events

  total -$215,889 · excluded -$215,889

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $7,940 · excluded $7,940

• 11e · Other revenue, total

  $7,940

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $252,317 · program services $252,317

• 2 · Grants to domestic individuals

  total $396,652 · program services $396,652

• 5 · Compensation of officers, directors and key employees

  total $240,226 · program services $240,226

• 7 · Other salaries and wages

  total $879,241 · program services $879,241

• 8 · Pension plan contributions

  total $82,880 · program services $82,880

• 9 · Other employee benefits

  total $137,632 · program services $137,632

• 10 · Payroll taxes

  total $49,398 · program services $49,398

• 11c · Fees: accounting

  total $41,000 · management and general $41,000

• 11f · Fees: investment management

  total $43,187 · management and general $43,187

• 11g · Fees: other

  total $200,016 · program services $198,835 · management and general $1,181

• 12 · Advertising and promotion

  total $69,506 · program services $63,445 · management and general $6,061

• 13 · Office expenses

  total $1,924 · program services $1,202 · management and general $722

• 14 · Information technology

  total $134,525 · program services $21,662 · management and general $112,863

• 16 · Occupancy

  total $854 · management and general $854

• 17 · Travel

  total $370,489 · program services $370,489

• 19 · Conferences, conventions and meetings

  total $2,615 · program services $2,615

• 24a · Other expenses: OTHER EXPENSES

  total $3,369 · management and general $3,369

Balance sheet

Part X, book values.

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,000 · end of year $6,666

• 12 · Investments: other securities

  beginning of year $5,805,817 · end of year $5,805,817

• 15 · Other assets

  beginning of year $733,461 · end of year $725,127

• 17 · Accounts payable and accrued expenses

  beginning of year $143,729 · end of year $395,111

• 27 · Net assets without donor restrictions

  beginning of year $6,114,998 · end of year $5,098,048

• 28 · Net assets with donor restrictions

  beginning of year $283,551 · end of year $1,044,451

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION DECISIONS FOR CONCORDIA UNIVERSITY IRVINE (FEIN: 95-2798775) 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. CONCORDIA UNIVERSITY IRVINE USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE PRESIDENT: COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER ANNUITY TRUST (3)

  T · CHARITABLE TRUST · CA

• CHARITABLE REMAINDER UNITRUST (7)

  T · CHARITABLE TRUST · CA

• POOLED TRUST (1)

  T · CHARITABLE TRUST · CA