2026-05-06T16:00:02-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-07-01 476034005 CONCORDIA FOUNDATION NEBRASKA CONC 4026437380 800 NORTH COLUMBIA AVE SEWARD NE 68434 BERNARD BULL PRESIDENT 4026437380 2026-05-05 1 1 ANN NEIL P01817922 6123764500 2026-05-05 2024 2025-03-06 01:10:19Z BERNARD BULL 800 NORTH COLUMBIA AVE SEWARD NE 68434 1713262 0 X WWW.CUNE.EDU X 1959 NE TO BE THE PRIME STRATEGIC AND FINANCIAL PARTNER OF CONCORDIA UNIVERSITY. 31 28 0 20 0 0 886125 1259025 0 0 654811 394589 0 0 1540936 1653614 841865 895369 0 0 0 0 0 0 0 54711 59164 896576 954533 644360 699081 19624809 22230990 250 245 19624559 22230745 X 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. 0 0 895369 895369 0 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. 895369 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 31 28 1 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 X MORGANNE SCHREINER 4026437380 800 N COLUMBIA AVE SEWARD NE 68434 SHANE BAACK CHAIR 0.60 0.60 X X 0 0 0 BONNIE MEYER VICE CHAIR 0.60 0.60 X X 0 0 0 GARY MCDANIEL VP OF ENROLLMENT (THRU 3/25) 0.60 55.00 X X 0 12639 133848 SCOTT ADLE REGENT 0.60 0.60 X 0 0 0 BENJAMIN BALL REGENT 0.60 0.60 X 0 0 0 KRISTA BARNHOUSE REGENT 0.60 0.60 X 0 0 0 STUART BARTRUFF REGENT 0.60 0.60 X 0 0 0 DAN BUMAN DIRECTOR 0.60 0.60 X 0 0 0 RYAN BURGER REGENT 0.60 0.60 X 0 0 0 KRISTI BURMEISTER DIRECTOR 0.60 0.60 X 0 0 0 CRAIG ERNSTMEYER REGENT 0.60 0.60 X 0 0 0 JOHN FRASER REGENT 0.60 0.60 X 0 0 0 DOUG GAUNT REGENT 0.60 0.60 X 0 0 0 GAIL HAWKINS REGENT 0.60 0.60 X 0 0 0 DICK HELMS REGENT 0.60 0.60 X 0 0 0 ROBERT HERMANN DIRECTOR (THRU 12/24) 0.60 0.60 X 0 73088 29097 COL GLORIA HOBAN DIRECTOR 0.60 0.60 X 0 0 0 KRISTIE HOLTHUS HOLOCH DIRECTOR 0.60 0.60 X 0 0 0 TIMOTHY HU REGENT 0.60 0.60 X 0 0 0 SAMUEL HUEBNER DIRECTOR 0.60 0.60 X 0 0 0 THOMAS MAURER DIRECTOR 0.60 0.60 X 0 0 0 DENNIS MEYER REGENT 0.60 0.60 X 0 0 0 TRUDY MEYER REGENT 0.60 0.60 X 0 0 0 TIMOTHY MOLL REGENT 0.60 0.60 X 0 0 0 JOHN NIKODYM DIRECTOR 0.60 0.60 X 0 0 0 KLINT PETERSON DIRECTOR 0.60 0.60 X 0 0 0 RICHARD SNOW REGENT 0.60 0.60 X 0 0 0 ANDREW STADLER DIRECTOR 0.60 0.60 X 0 0 0 DOUG TEWES REGENT 0.60 0.60 X 0 0 0 CHAD THIES DIRECTOR 0.60 0.60 X 0 0 0 ERIK VIESELMEYER REGENT 0.60 0.60 X 0 0 0 DOROTHY WALTER DIRECTOR 0.60 0.60 X 0 0 0 LAUREN WALTER DIRECTOR 0.60 0.60 X 0 0 0 BERNARD BULL PRESIDENT 0.60 55.00 X 0 139148 123626 DAVID KUMM EVP, CFO 0.60 55.00 X 0 175890 125769 TIMOTHY PREUSS PROVOST 0.60 55.00 X 0 107051 214110 DAVID GENE BROOKS VP STUDENT AFFAIRS 0.60 55.00 X 0 109076 71330 KIM BOYCE COO 0.60 55.00 X 0 144121 41685 DEREK ENGELBART VP INSTITUTIONAL ADVANCEME 0.60 55.00 X 0 171181 56398 0 932194 795863 0 0 1 0 0 1259025 1259025 454237 454237 59648 -59648 -59648 -59648 1653614 0 0 394589 895369 895369 59164 59164 954533 895369 59164 0 32870 33017 53614 40997 255000 15000 240000 240000 15413295 14749157 3885030 7167819 19624809 22230990 250 245 250 245 X 1912694 1993295 17711865 20237450 19624559 22230745 19624809 22230990 699081 1907105 0 X 0 1 X 0 0 X X 1 CONCORDIA UNIVERSITY-SEWARD 470378777 2 1 895369 0 1 895369 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 82243089 7157785 9092010 3464833 95028051 70806734 6633170 8014677 3211492 82243089 63865774 3769664 6102368 2871929 59143 70806734 67964544 7069630 -8714460 2435325 18621 63865774 51375080 6010383 12995624 2388714 27829 67964544 0.09611 0.15266 0.75123 0 1 1 240000 240000 15000 15000 0 240000 DUE FROM CONCORDIA UNIVERSITY, NEBRASKA 7167819 7167819 X 55438972 1907105 51937417 53844522 1594450 59164 59164 1653614 43333159 42437790 42437790 895369 59164 59164 954533 PART V, LINE 4: OUR ENDOWMENT FUND CONSISTS OF SEVERAL DIFFERENT INTENDED DESIGNATIONS: 78.9% IS FOR SCHOLARSHIPS 12.8% IS FOR INSTITUTIONAL SUPPORT 6.9% IS FOR INSTRUCTIONAL/ACADEMIC SUPPORT 1.4% IS FOR STUDENT SERVICES PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT BOTH CONCORDIA UNIVERSITY, NEBRASKA AND CONCORDIA FOUNDATION NEBRASKA ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE UNIVERSITY AND FOUNDATION ARE NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT THEY DERIVE INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO THEIR TAX-EXEMPT PURPOSES (UNRELATED TRADE OR BUSINESS ACTIVITIES). THE UNIVERSITY AND THE FOUNDATION ARE ALSO EXEMPT FROM STATE INCOME TAXES. THE UNIVERSITY AND THE FOUNDATION FOLLOW THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY OR FOUNDATION FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025 AND 2024. THE UNIVERSITY'S AND FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT REVENUE FROM RELATED ORGANIZATIONS REPORTED ON SEPARATE RETURN 52,832,786. INTERCOMPANY ELIMINATIONS -895,369. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM RELATED ORGANIZATION REPORTED ON SEPARATE RETURN 43,333,159. INTERCOMPANY ELIMINATIONS -895,369. 1 CONCORDIA UNIVERSITY 800 NORTH COLUMBIA AVE SEWARD NE 68434 470378777 501(C)(3) 895369 0 N/A N/A TO SUPPORT CONCORDIA UNIVERSITY, NEBRASKA. 1 0 PART I, LINE 2: THE TREASURER REPORTS TO THE FOUNDATION THE FINANCIAL INFORMATION FOR BOTH CONCORDIA UNIVERSITY AND THE FOUNDATION. THE TREASURER FOR THE FOUNDATION IS ALSO THE CFO FOR CONCORDIA UNIVERSITY. THROUGH THE TREASURER'S REPORT THE BOARD IS ABLE TO MONITOR THE USE OF THE GRANT FUNDS. X 1 1 0 0 0 0 0 0 0 0 0 TIMOTHY PREUSS PROVOST 0 107051 0 0 0 0 0 12000 0 202110 0 321161 0 0 DAVID KUMM EVP, CFO 0 175890 0 0 0 0 0 22480 0 103289 0 301659 0 0 BERNARD BULL PRESIDENT 0 139148 0 0 0 0 0 26577 0 97049 0 262774 0 0 DEREK ENGELBART VP INSTITUTIONAL ADVANCEME 0 171181 0 0 0 0 0 14082 0 42316 0 227579 0 0 KIM BOYCE COO 0 144121 0 0 0 0 0 0 0 41685 0 185806 0 0 DAVID GENE BROOKS VP STUDENT AFFAIRS 0 109076 0 0 0 0 0 3600 0 67730 0 180406 0 0 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. FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION HAS AN EXECUTIVE COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. THE COMMITTEE IS MADE UP OF THE CHAIR, VICE CHAIR, PRESIDENT, SECRETARY, TREASURER AND TWO DIRECTORS. THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS TO (A) AMEND, ALTER, OR REPEAL THE ARTICLES OF INCORPORATION OR BYLAWS OF THE CORPORATION, (B) ELECT, APPOINT, OR REMOVE ANY MEMBER OF THE EXECUTIVE COMMITTEE, AND (C) ADOPT A PLAN OF MERGER OR CONSOLIDATION, AUTHORIZE THE VOLUNTARY DISSOLUTION OF THE CORPORATION, OR AMEND, ALTER, OR REPEAL ANY VOTE, ACTION, OR RESOLUTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 BONNIE AND DENNIS MEYER ARE SPOUSES. TODD JOHNSON AND ROBERT HERMANN ARE EMPLOYED BY CONCORDIA UNIVERSITY. ERIK VIESELMEYER'S DAUGHTER, KRISTIN, IS A STUDENT AT CONCORDIA AND RECEIVES A TUITION WAIVER. BENJAMIN BOLL'S DAUGHTER, SOPHIA, IS A STUDENT AT CUNE AND RECEIVES A TUITION WAIVER. DICK HELMS IS COUSINS WITH STUART BARTRUFF'S WIFE. TIM MOLL'S BROTHER-IN-LAW, DYLAN OWENS, IS THE SHOOTING SPORTS COACH FOR CUNE AND THE FAN SHOP MANAGER FOR CUNE. FORM 990, PART VI, SECTION A, LINE 7A THE EXECUTIVE COMMITTEE OF THE FOUNDATION SUBMITS NAMES TO THE BOARD OF DIRECTORS FOR ENDORSEMENT TO THE CONCORDIA UNIVERSITY BOARD OF REGENTS. THE BOARD OF REGENTS FOR CONCORDIA UNIVERSITY APPOINTS THE DIRECTORS TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF REGENTS FOR CONCORDIA UNIVERSITY MAY HAVE FINAL APPROVAL OF DECISIONS THE FOUNDATION MAKES THAT MAY AFFECT THE UNIVERSITY. ADDITIONALLY, THE BOARD OF REGENTS MUST ALSO APPROVE OF ANY ALTERATION, AMENDMENT, OR REPEAL OF THE ARTICLES OF INCORPORATION AND BYLAWS OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE OF THE FOUNDATION WILL REVIEW THE 990 FORM AND REPORT TO THE BOARD. SCHEDULE B IS NOT SHARED WITH THE EXECUTIVE COMMITTEE OR BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY YEARLY. THE CONFLICT OF INTEREST FORMS ARE SHARED WITH THE UNIVERSITY'S GENERAL COUNSEL FOR REVIEW AND DISCUSSED WITH THE FOUNDATION PRESIDENT AND CHAIR. THE EXECUTIVE COMMITTEE IS INFORMED WHEN THE REVIEW IS COMPLETED WITH ANY CONFLICTS NOTED. ANY DIRECTOR THAT HAS A PERCEIVED CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST IS ENCOURAGED NOT TO VOTE OR USE THEIR PERSONAL INFLUENCE ON THE MATTER, AND THEY SHOULD NOT BE COUNTED AS PART OF A QUORUM FOR THE MEETING. THE MINUTES OF THE MEETING SHOULD REFLECT THAT A DISCLOSURE WAS MADE, THE ABSTENTION FROM VOTING, AND THE QUORUM SITUATION. FORM 990, PART VI, SECTION C, LINE 19 AT THIS TIME THEY ARE NOT READILY AVAILABLE TO THE PUBLIC. WE WOULD MAKE THEM AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. CONCORDIA UNIVERSITY 800 NORTH COLUMBIA AVE SEWARD NE 68434 470378777 EDUCATION NE 501(C)(3) LINE 2 N/A 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0