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← CONCORDIA DISABILITY AND SURVIVOR PLAN

Form 990 for tax year 2022

Filed by CONCORDIA DISABILITY AND SURVIVOR PLAN.

Totals

Total revenue
$27,575,412
Total expenses
$36,649,192
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$27,575,412
Investment income
$0
Other revenue
$0
Total assets, end of year
$130,439,981
Total liabilities, end of year
$95,364,983
Net assets or fund balances, end of year
$35,074,998
Program services expenses (Part IX)
$36,649,192
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$36,649,192

Program services were 100.0% 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.

  • 2a · Program service revenue: Revenue from disability/survivor contributions

    total $27,575,412 · related or exempt $27,575,412 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $30,934,342 · program services $30,934,342

  • 11a · Fees: management

    total $3,853,742 · program services $3,853,742

  • 11f · Fees: investment management

    total $342,720 · program services $342,720

  • 24a · Other expenses: External Claim Services

    total $1,518,388 · program services $1,518,388 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,099,153 · end of year $46,410

  • 4 · Accounts receivable

    beginning of year $319,958 · end of year $3,003

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $146,807,405 · end of year $117,330,813

  • 12 · Investments: other securities

    beginning of year $16,237,355 · end of year $13,059,755

  • 17 · Accounts payable and accrued expenses

    beginning of year $386,005 · end of year $878,983

  • 25 · Other liabilities

    beginning of year $93,629,418 · end of year $94,486,000

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $70,448,448 · end of year $35,074,998

Mission and programs · 2022

Mission

Enable the participating full time workers of The Lutheran Church-Missouri Synod, its member congregations, controlled organizations and affiliated agencies to be provided with replacement income in the event of becoming disabled. Also provides death benefits to survivors of such workers in event of worker death.

Activities or mission (Part I)

Enable the participating full time workers of The Lutheran Church-Missouri Synod, its member congregations, controlled organizations and affiliated agencies to be provided with replacement income in the event of becoming disabled. Also provides death benefits to survivors of such workers in the event of worker death.

  • Noninsured benefits of $31,045 were paid to members upon death of dependents. Monthly survivor benefits of $1,394,066 were paid to enrolled surviving dependents of deceased workers who death occurred prior to 7/1/01. Insurance premiums of $7,836,536 were paid to provide lump sum death benefits for members and benefits for dependents.

    Expenses $9,261,647

  • Health insurance contributions of $12,741,839 were paid for disabled workers and also for surviving dependents of deceased members who deaths occurred prior to January 1, 1985.

    Expenses $12,741,839

  • Disability benefits paid by a third party administrator of $8,866,187 to 1,114 members. In addition, there was miscellaneous expense of $64,669.

    Expenses $8,930,856

  • CDSP had the following program service expenses: External claims services $1,518,388; Investment manager and custodian fees $342,720; Management fees paid to Concordia Plan Services $3,853,742

    Expenses $5,714,850

As filed on the 2022 return.

Listed in Part VII

  • Robert Lesko

    Chairman of the Board and Trustee

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • Jon Boeche

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • Kory Boster

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Daryl Dagit

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Henry Eickelberg

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Gail Hartmann

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • David Hawk

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Jesse Huber

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Ronald Kuehn

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Mark Miller

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Terry Miller

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Mark Muehl

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Scott Seefeld

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • Mark Swenson

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • Renee Varga

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 2 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.

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
13 November 2023
IRS schema version
2022v5.0
Source object
202333189349301693

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