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Nonprofiteer
← CONCORDIA UNIVERSITY CHICAGO

Form 990 for tax year 2022

Filed by CONCORDIA UNIVERSITY CHICAGO.

Totals

Total revenue
$94,842,988
Total expenses
$91,284,032
Contributions and grants received
$15,195,006
Grants paid
$19,311,567
Program service revenue
$80,391,950
Investment income
-$691,445
Other revenue
-$52,523
Total assets, end of year
$74,907,655
Total liabilities, end of year
$50,349,424
Net assets or fund balances, end of year
$24,558,231
Program services expenses (Part IX)
$78,735,923
Management and general expenses
$10,049,409
Fundraising expenses
$2,498,700
Program service expenses (Part III)
$78,735,923

Program services were 86.3% 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.

  • 1c · Fundraising events

    $52,487

  • 1d · Related organizations

    $1,674,624

  • 1e · Government grants (contributions)

    $10,964,860

  • 1f · All other contributions, gifts and grants

    $2,503,035

  • 2a · Program service revenue: TUITION AND FEES

    total $70,236,157 · related or exempt $70,236,157

  • 2b · Program service revenue: ROOM & BOARD

    total $5,235,200 · related or exempt $5,235,200

  • 2c · Program service revenue: EARLY CHILDHOOD CENTER

    total $2,835,696 · related or exempt $2,835,696

  • 2d · Program service revenue: CONFERENCES AND OTHER CAMPUS EVEN

    total $2,084,897 · related or exempt $2,084,897

  • 3 · Investment income

    total $5,986 · excluded $5,986

  • 6a · Gross rents

    real property $328,967

  • 6b · Less rental expenses

    real property $359,007

  • 6c · Rental income or loss

    real property -$30,040

  • 6d · Net rental income or loss

    total -$30,040 · excluded -$30,040

  • 7a · Gross sales of assets other than inventory

    securities $3,065,675

  • 7b · Less cost or other basis and sales expenses

    securities $3,441,309 · other assets $321,797

  • 7c · Gain or loss

    securities -$375,634 · other assets -$321,797

  • 7d · Net gain or loss

    total -$697,431 · excluded -$697,431

  • 8a · Fundraising events: gross income

    $7,256

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

    $52,487

  • 8b · Fundraising events: direct expenses

    $32,089

  • 8c · Net income from fundraising events

    total -$24,833 · excluded -$24,833

  • 11a · Other revenue: CAMPUS PHONE/CAMPUS CARD

    total $2,350 · excluded $2,350

  • 11e · Other revenue, total

    $2,350

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $19,294,852 · program services $19,294,852

  • 3 · Grants to foreign organizations and individuals

    total $16,715 · program services $16,715

  • 5 · Compensation of officers, directors and key employees

    total $1,097,658 · program services $532,179 · management and general $325,815 · fundraising $239,664

  • 7 · Other salaries and wages

    total $29,464,738 · program services $25,382,133 · management and general $3,260,640 · fundraising $821,965

  • 8 · Pension plan contributions

    total $1,286,389 · program services $1,090,748 · management and general $150,956 · fundraising $44,685

  • 9 · Other employee benefits

    total $4,502,949 · program services $3,818,118 · management and general $528,415 · fundraising $156,416

  • 10 · Payroll taxes

    total $1,901,690 · program services $1,612,471 · management and general $223,161 · fundraising $66,058

  • 11b · Fees: legal

    total $76,756 · management and general $76,756

  • 11c · Fees: accounting

    total $72,000 · management and general $72,000

  • 11g · Fees: other

    total $5,129,697 · program services $5,129,697

  • 12 · Advertising and promotion

    total $11,654,363 · program services $11,654,363

  • 13 · Office expenses

    total $401,382 · program services $169,012 · management and general $173,846 · fundraising $58,524

  • 14 · Information technology

    total $1,709,423 · program services $1,218,124 · management and general $365,623 · fundraising $125,676

  • 16 · Occupancy

    total $2,410,733 · program services $2,119,419 · management and general $272,100 · fundraising $19,214

  • 17 · Travel

    total $940,266 · program services $395,922 · management and general $407,248 · fundraising $137,096

  • 20 · Interest

    total $1,362,923 · program services $1,301,082 · management and general $47,912 · fundraising $13,929

  • 22 · Depreciation, depletion and amortization

    total $3,518,791 · program services $3,385,910 · management and general $96,632 · fundraising $36,249

  • 23 · Insurance

    total $794,120 · management and general $794,120

  • 24a · Other expenses: BAD DEBT

    total $1,609,171 · management and general $1,609,171

  • 24b · Other expenses: PROGRAM ACTIVITIES

    total $631,780 · program services $631,780

  • 24c · Other expenses: MEMBERSHIPS

    total $147,822 · program services $147,822

  • 24d · Other expenses: TOUCHNET

    total $102,068 · program services $102,068

  • 24e · All other expenses

    total $3,157,746 · program services $733,508 · management and general $1,645,014 · fundraising $779,224

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $5,580 · end of year $1,379,266

  • 3 · Pledges and grants receivable

    beginning of year $464,897 · end of year $233,996

  • 4 · Accounts receivable

    beginning of year $7,878,886 · end of year $7,623,792

  • 7 · Other notes and loans receivable

    beginning of year $98,467 · end of year $73,521

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,231,151 · end of year $3,173,326

  • 10a · Land, buildings and equipment: cost or other basis

    $98,071,246

  • 10b · Land, buildings and equipment: accumulated depreciation

    $40,186,679

  • 10c · Land, buildings and equipment, net

    beginning of year $57,998,044 · end of year $57,884,567

  • 11 · Investments: publicly traded securities

    beginning of year $7

  • 15 · Other assets

    beginning of year $5,019,831 · end of year $4,539,187

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,234,404 · end of year $6,024,715

  • 19 · Deferred revenue

    beginning of year $5,591,250 · end of year $5,540,752

  • 20 · Tax-exempt bond liabilities

    beginning of year $11,038,031 · end of year $10,370,000

  • 23 · Secured mortgages and notes payable

    beginning of year $31,163,912 · end of year $28,125,942

  • 25 · Other liabilities

    beginning of year $203,396 · end of year $288,015

  • 27 · Net assets without donor restrictions

    beginning of year $14,915,464 · end of year $19,447,229

  • 28 · Net assets with donor restrictions

    beginning of year $5,550,406 · end of year $5,111,002

Mission and programs · 2022

Mission

FOUNDED IN 1864, CONCORDIA UNIVERSITY CHICAGO IS A LIBERAL ARTS-BASED CHRISTIAN UNIVERSITY LOCATED IN RIVER FOREST, ILLINOIS. ROOTED IN ITS CHRISTIAN HERITAGE OF ENGAGING KNOWLEDGE AND FAITH, THE UNIVERSITY ASPIRES TO BE THE DESTINATION UNIVERSITY FOR ALL WHO SEEK TO DEVELOP THEIR FULL INDIVIDUAL POTENTIAL THROUGH A DISTINCTIVE, INNOVATIVE AND DYNAMIC ENVIRONMENT OF EXPLORATION, CREATIVITY AND DISCOVERY FOR LEADING LIVES OF SERVANT-MINDED LEADERSHIP. MORE THAN 6,000 FULLTIME STUDENTS ARE ENROLLED IN MORE THAN 100 UNDERGRADUATE, MASTER'S AND DOCTORAL PROGRAMS. CONCORDIA-CHICAGO ENSURES THAT 100 PERCENT OF UNDERGRADUATE STUDENTS RECEIVE SOME FORM OF FINANCIAL AID AND ACTIVELY DEVELOPS ADDITIONAL NEED-BASED SCHOLARSHIP SUPPORT FOR LOCAL STUDENTS. IT ALSO MANAGES OUTREACH TO HISTORICALLY UNDERREPRESENTED STUDENT POPULATIONS, WORKING SPECIFICALLY WITH ELEMENTARY AND MIDDLE SCHOOL STUDENTS AND FAMILIES TO ENSURE THEY ARE PREPARED TO ENTER COLLEGE IN THE FUTURE.

Activities or mission (Part I)

LIBERAL ARTS CHRISTIAN UNIVERSITY FOR ALL WHO SEEK TO DEVELOP THEIR FULL POTENTIAL.

  • EDUCATION, GENERAL AND OTHER - OPERATION OF HIGHER EDUCATION AND INSTRUCTION DIVISIONS INCLUDING SUPPORT PROGRAMS DEVOTED TO RELIGIOUS EDUCATION, ENCOURAGEMENT AND UNDERSTANDING FOR BOTH MASTER'S LEVEL AND DOCTORAL GRADUATE STUDENTS, AS WELL AS UNDERGRADUATE STUDENTS. (FALL 2022 TOTAL ENROLLMENT - 5,355)

    Expenses $70,249,117 · Grants $19,311,567 · Revenue $70,236,157

  • CONFERENCES, WORKSHOPS, AND OTHER UNIVERSITY EVENTS - EACH FISCAL YEAR, CONCORDIA UNIVERSITY CHICAGO HOSTS SEVERAL EVENTS WHICH CONTRIBUTE TO THE ACCOMPLISHMENT OF THE UNIVERSITY'S MISSION. EVENTS INCLUDE EDUCATIONAL CONFERENCES, WORKSHOPS, STUDENT LED THEATRE PRODUCTIONS AND ATHLETIC EVENTS. NOT ONLY DO THESE EVENTS ENHANCE OUR STUDENTS' EDUCATIONAL EXPERIENCE, BUT THEY ALSO HELP EDUCATE INDIVIDUALS FROM THE OVERALL COMMUNITY.

    Expenses $3,845,994 · Revenue $2,084,897

  • COLLEGE STUDENT ROOM AND BOARD - CONCORDIA UNIVERSITY CHICAGO, LIKE MOST OTHER COLLEGES/UNIVERSITIES, PROVIDES ROOM AND BOARD TO ITS STUDENTS. DURING THIS REPORTING PERIOD, 515 STUDENTS LIVED IN THE DORMS.

    Expenses $2,281,190 · Revenue $5,235,200

  • OPERATION OF CHILDCARE, EARLY CHILDHOOD, AND PRIMARY PROGRAMS FOR CHILDREN, ALL OF WHICH INCLUDE A STRONG EDUCATIONAL COMPONENT, AS WE AS A CORE CHRISTIAN VALUE COMPONENT. LAST YEAR, THE EARLY CHILDHOOD CENTER SERVED NEARLY 200 CHILDREN.

    Expenses $2,359,622 · Revenue $2,835,696

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dominic Salvino

    CHAIR BOARD

    Total calculated
    $0
    Hours/week
    3

  • Rev Roger Gallup

    VICE CHAIR BOARD

    Total calculated
    $0
    Hours/week
    3

  • Jeff Schwarz

    SECRETARY BOARD

    Total calculated
    $0
    Hours/week
    3

  • Eric Andrae

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rev Gary Bertels

    BOARD MEMBER (END 3/22)

    Total calculated
    $0
    Hours/week
    1

  • Rev Mark Bestul

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr C Ross Butts

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Blakkan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rev Allan Buss

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Carol Johnson Umbach

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Michelle Kazmierczak

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Krause

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Chris Krohe

    BOARD MEMBER (EFF 3/22)

    Total calculated
    $0
    Hours/week
    1

  • Thomas McCain

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr Bruce Schultz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Virginia Terrell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Thoelke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr Alison Witte

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Matt Zickler

    BOARD MEMBER (EFF 3/22)

    Total calculated
    $0
    Hours/week
    1

  • Russell Dawn

    PRESIDENT

    Total calculated
    $283,147
    From this org
    $231,912
    From related orgs
    $0
    Other
    $51,235
    Hours/week
    48 + 2 related

    Schedule J breakdown matched by us

    Base
    $231,912
    Bonus
    $0
    Other
    $0
    Deferred
    $23,805
    Nontaxable benefits
    $27,430
    Filer's total
    $283,147

  • Randall Barfield

    CFO (START 3/14/22)

    Total calculated
    $162,656
    From this org
    $162,656
    From related orgs
    $0
    Other
    $0
    Hours/week
    48 + 2 related

    Schedule J breakdown matched by us

    Base
    $162,656
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $162,656

  • Lisa Kralina

    CFO (END 1/9/22)

    Total calculated
    $11,547
    From this org
    $10,563
    From related orgs
    $0
    Other
    $984
    Hours/week
    48 + 2 related

  • Erik Ankerberg

    PROVOST (END 1/8/23)

    Total calculated
    $205,595
    From this org
    $188,228
    From related orgs
    $0
    Other
    $17,367
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $188,228
    Bonus
    $0
    Other
    $0
    Deferred
    $15,631
    Nontaxable benefits
    $1,736
    Filer's total
    $205,595

  • Eli Hesterman

    VP ACADEMICS (EFF 5/18/23)

    Total calculated
    $180,405
    From this org
    $164,504
    From related orgs
    $0
    Other
    $15,901
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $164,504
    Bonus
    $0
    Other
    $0
    Deferred
    $4,950
    Nontaxable benefits
    $10,951
    Filer's total
    $180,405

  • Jeffrey Hynes

    VICE PRESIDENT

    Total calculated
    $223,322
    From this org
    $179,933
    From related orgs
    $0
    Other
    $43,389
    Hours/week
    45 + 5 related

    Schedule J breakdown matched by us

    Base
    $179,933
    Bonus
    $0
    Other
    $0
    Deferred
    $15,528
    Nontaxable benefits
    $27,861
    Filer's total
    $223,322

  • Theresa Miyashita

    PROFESSOR

    Total calculated
    $183,204
    From this org
    $173,799
    From related orgs
    $0
    Other
    $9,405
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $173,799
    Bonus
    $0
    Other
    $0
    Deferred
    $8,183
    Nontaxable benefits
    $1,222
    Filer's total
    $183,204

  • Scott Ward

    AVP FOR DEVELOPMENT

    Total calculated
    $181,402
    From this org
    $149,983
    From related orgs
    $0
    Other
    $31,419
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $149,983
    Bonus
    $0
    Other
    $0
    Deferred
    $4,590
    Nontaxable benefits
    $26,829
    Filer's total
    $181,402

  • Pamela Konkol

    PROFESSOR

    Total calculated
    $148,478
    From this org
    $140,336
    From related orgs
    $0
    Other
    $8,142
    Hours/week
    50

  • Renee Vilatte

    GENERAL COUNSEL

    Total calculated
    $170,560
    From this org
    $140,010
    From related orgs
    $0
    Other
    $30,550
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $140,010
    Bonus
    $0
    Other
    $0
    Deferred
    $11,924
    Nontaxable benefits
    $18,626
    Filer's total
    $170,560

  • Kristen Bayer

    PROFESSOR

    Total calculated
    $145,960
    From this org
    $135,861
    From related orgs
    $0
    Other
    $10,099
    Hours/week
    50

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
  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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
IRS INSTRUCTIONS TO FORM 990 REQUIRE THAT THE FAIR MARKET VALUE OF HOUSING PROVIDED TO EMPLOYEES BY THEIR EMPLOYERS BE REPORTED ON FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II. AS A CONDITION OF EMPLOYMENT, THE PRESIDENT OF THE UNIVERSITY IS REQUIRED TO RESIDE ON CAMPUS PREMISES. THE RESIDENCE SERVES BOTH AS A PERSONAL RESIDENCE AS WELL AS A VENUE FOR CARRYING OUT UNIVERSITY BUSINESS. THE UNIVERSITY HAS DETERMINED THAT THE VALUE OF THE USE OF THE PERSONAL RESIDENCE IS NOT CONSIDERED TAXABLE INCOME TO THE PRESIDENT AS PROVIDED IN INTERNAL REVENUE CODE SECTION 119. FOR TAX YEAR 2023, THE PRESIDENT'S USE OF THE RESIDENCE IS CONSERVATIVELY ESTIMATED AT $67,068. THIS ESTIMATED VALUE IS BASED ON A FAIR RENTAL VALUE OF $5,589 PER MONTH FOR SIMILAR HOUSES IN THE AREA. THIS VALUE INCLUDES MAINTENANCE OF THE PROPERTY, LANDSCAPING, AND SNOW REMOVAL.

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

No itemized grants to organizations on this return.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
8 May 2024
IRS schema version
2022v5.0
Source object
202441309349303429

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