Totals
- Total revenue
- $1,653,614
- Total expenses
- $954,533
- Contributions and grants received
- $1,259,025
- Grants paid
- $895,369
- Program service revenue
- $0
- Investment income
- $394,589
- Other revenue
- $0
- Total assets, end of year
- $22,230,990
- Total liabilities, end of year
- $245
- Net assets or fund balances, end of year
- $22,230,745
- Program services expenses (Part IX)
- $895,369
- Management and general expenses
- $59,164
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $895,369
Program services were 93.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,259,025
-
3 · Investment income
total $454,237 · excluded $454,237
-
7b · Less cost or other basis and sales expenses
securities $59,648
-
7c · Gain or loss
securities -$59,648
-
7d · Net gain or loss
total -$59,648 · excluded -$59,648
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $895,369 · program services $895,369
-
11f · Fees: investment management
total $59,164 · management and general $59,164
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $32,870 · end of year $33,017
-
3 · Pledges and grants receivable
beginning of year $53,614 · end of year $40,997
-
10a · Land, buildings and equipment: cost or other basis
$255,000
-
10b · Land, buildings and equipment: accumulated depreciation
$15,000
-
10c · Land, buildings and equipment, net
beginning of year $240,000 · end of year $240,000
-
11 · Investments: publicly traded securities
beginning of year $15,413,295 · end of year $14,749,157
-
15 · Other assets
beginning of year $3,885,030 · end of year $7,167,819
-
17 · Accounts payable and accrued expenses
beginning of year $250 · end of year $245
-
27 · Net assets without donor restrictions
beginning of year $1,912,694 · end of year $1,993,295
-
28 · Net assets with donor restrictions
beginning of year $17,711,865 · end of year $20,237,450
Mission and programs · 2024
Mission
THE MISSION OF CONCORDIA FOUNDATION NEBRASKA IS TO BE THE PRIME STRATEGIC AND FINANCIAL PARTNER OF CONCORDIA UNIVERSITY. CONTINUED ON SCHEDULE OTHE FOUNDATION SEEKS TO PROVIDE THE UNIVERSITY THE FREEDOM IT NEEDS TO ACHIEVE ITS VISION FOR THIS YEAR AND BEYOND AND TO MAKE POSSIBLE THAT EVERY STUDENT WHO QUALIFIES ACADEMICALLY AND DESIRES PERSONALLY TO PREPARE FOR A LIFE OF SERVANT LEADERSHIP AT CONCORDIA MAY DO SO.
Activities or mission (Part I)
TO BE THE PRIME STRATEGIC AND FINANCIAL PARTNER OF CONCORDIA UNIVERSITY.
-
SUPPORT FOR PROGRAMS AT CONCORDIA UNIVERSITY, NEBRASKA. THE FOUNDATION WAS ABLE TO SUPPORT CONCORDIA UNIVERSITY, NEBRASKA WITH SCHOLARSHIP MONIES FOR 1,244 STUDENTS, LIBRARY BOOKS, FACULTY SUPPORT AND VISUAL ARTS.
Expenses $895,369 · Grants $895,369
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
SHANE BAACK
CHAIR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
BONNIE MEYER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
GARY MCDANIEL
VP OF ENROLLMENT (THRU 3/25)
- Total calculated
- $146,487
- From this org
- $0
- From related orgs
- $12,639
- Other
- $133,848
- Hours/week
- 0.6 + 55 related
-
SCOTT ADLE
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
BENJAMIN BALL
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
KRISTA BARNHOUSE
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
STUART BARTRUFF
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
DAN BUMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
RYAN BURGER
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
KRISTI BURMEISTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
CRAIG ERNSTMEYER
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
JOHN FRASER
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
DOUG GAUNT
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
GAIL HAWKINS
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
DICK HELMS
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
ROBERT HERMANN
DIRECTOR (THRU 12/24)
- Total calculated
- $102,185
- From this org
- $0
- From related orgs
- $73,088
- Other
- $29,097
- Hours/week
- 0.6 + 0.6 related
-
COL GLORIA HOBAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
KRISTIE HOLTHUS HOLOCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
TIMOTHY HU
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
SAMUEL HUEBNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
THOMAS MAURER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
DENNIS MEYER
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
TRUDY MEYER
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
TIMOTHY MOLL
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
JOHN NIKODYM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
KLINT PETERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
RICHARD SNOW
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
ANDREW STADLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
DOUG TEWES
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
CHAD THIES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
ERIK VIESELMEYER
REGENT
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
DOROTHY WALTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
LAUREN WALTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6 + 0.6 related
-
BERNARD BULL
PRESIDENT
- Total calculated
- $262,774
- From this org
- $0
- From related orgs
- $139,148
- Other
- $123,626
- Hours/week
- 0.6 + 55 related
Schedule J breakdown matched by us
- Base
- $0 + $139,148 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $26,577 related
- Nontaxable benefits
- $0 + $97,049 related
- Filer's total
- $0 + $262,774 related
-
DAVID KUMM
EVP, CFO
- Total calculated
- $301,659
- From this org
- $0
- From related orgs
- $175,890
- Other
- $125,769
- Hours/week
- 0.6 + 55 related
Schedule J breakdown matched by us
- Base
- $0 + $175,890 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $22,480 related
- Nontaxable benefits
- $0 + $103,289 related
- Filer's total
- $0 + $301,659 related
-
TIMOTHY PREUSS
PROVOST
- Total calculated
- $321,161
- From this org
- $0
- From related orgs
- $107,051
- Other
- $214,110
- Hours/week
- 0.6 + 55 related
Schedule J breakdown matched by us
- Base
- $0 + $107,051 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $12,000 related
- Nontaxable benefits
- $0 + $202,110 related
- Filer's total
- $0 + $321,161 related
-
DAVID GENE BROOKS
VP STUDENT AFFAIRS
- Total calculated
- $180,406
- From this org
- $0
- From related orgs
- $109,076
- Other
- $71,330
- Hours/week
- 0.6 + 55 related
Schedule J breakdown matched by us
- Base
- $0 + $109,076 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $3,600 related
- Nontaxable benefits
- $0 + $67,730 related
- Filer's total
- $0 + $180,406 related
-
KIM BOYCE
COO
- Total calculated
- $185,806
- From this org
- $0
- From related orgs
- $144,121
- Other
- $41,685
- Hours/week
- 0.6 + 55 related
Schedule J breakdown matched by us
- Base
- $0 + $144,121 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $41,685 related
- Filer's total
- $0 + $185,806 related
-
DEREK ENGELBART
VP INSTITUTIONAL ADVANCEME
- Total calculated
- $227,579
- From this org
- $0
- From related orgs
- $171,181
- Other
- $56,398
- Hours/week
- 0.6 + 55 related
Schedule J breakdown matched by us
- Base
- $0 + $171,181 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $14,082 related
- Nontaxable benefits
- $0 + $42,316 related
- Filer's total
- $0 + $227,579 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- TIMOTHY PREUSS AND BERNARD BULL - HOUSING ALLOWANCE - NOT REPORTABLE IN TAXABLE INCOME OF THE EMPLOYEE. SINCE THE INDIVIDUALS ARE MINISTERS, THE AMOUNT OF INCOME IS NOT INCLUDED ON THEIR W-2. TIMOTHY PREUSS, FOR IRS PURPOSES IS CONSIDERED SELF-EMPLOYED.
- PART I, LINE 3
- 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 PERSONNELL COMMITTEE HAS DIRECT OVERSIGHT AND REQUESTS MARKET COMPARABILITY INFORMATION FOR THEIR REVIEW. THE LAST MARKET COMPARABILITY WAS COMPLETED FALL OF 2021, WITH A 5 YEAR TRAJECTORY. AT THE REQUEST OF THE PRESIDENT, IT CAN BE UPDATED BASED ON MORE CURRENT DATA WHEN AVAILABLE. CONCORDIA USES STATE OF NEBRASKA, CUPA_HR, GPAC, CUS AND CICN DATA. THIS PROCESS WAS LAST COMPLETED IN 2024.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$895,369
TO SUPPORT CONCORDIA UNIVERSITY, NEBRASKA.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · EDUCATION · NE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601269349302895
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