2026-03-12T15:50:27-05:00 2025-04-30 390859910 BAKER TILLY ADVISORY GROUP LP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2024-05-01 410693977 CONCORDIA COLLEGE CORPORATION CONC 2182994206 901 S 8TH ST MOORHEAD MN 56562 RACHEL CLARKE VP FOR FINANCE & TREASURER 2182993126 2026-03-10 1 1 KAREN A GRIES P00078514 6128764500 2026-03-10 2024 2025-03-06 01:10:19Z COLIN IRVINE 901 S 8TH ST MOORHEAD MN 56562 140125656 0 9386 X WWW.CONCORDIACOLLEGE.EDU X 1891 MN SEE SCHEDULE O.CONCORDIA COLLEGE IS A FOUR-YEAR LIBERAL ARTS COLLEGE OF THE EVANGELICAL LUTHERAN CHURCH OF AMERICA OFFERING 68 MAJORS AND 12 PRE-PROFESSIONAL PROGRAMS. DURING THE 2024-2025 SCHOOL YEAR, CONCORDIA COLLEGE HAD AN ENROLLMENT OF 1,850 STUDENTS; 1,031 OF THESE STUDENTS WERE RESIDING IN DORMITORIES OR OTHER FORMS OF ON-CAMPUS HOUSING AND 1,258 STUDENTS PARTICIPATED IN SOME VARYING FORM OF A MEAL PLAN THROUGH THE ON-CAMPUS DINING SERVICE. 25 25 2594 878 3275862 6197 27811347 27744102 74529387 81716929 12918869 26636068 1688933 2237105 116948536 138334204 24475488 29513557 0 0 52381311 54312109 997 43334 2419002 31972314 32308564 108830110 116177564 8118426 22156640 384821980 399319943 51481711 47534911 333340269 351785032 X THE PURPOSE OF CONCORDIA COLLEGE IS TO INFLUENCE THE AFFAIRS OF THE WORLD BY SENDING INTO SOCIETY THOUGHTFUL AND INFORMED MEN AND WOMEN DEDICATED TO THE CHRISTIAN LIFE. 0 0 54233639 29093722 55206634 CONCORDIA COLLEGE OFFERS BACHELOR OF ARTS AND BACHELOR OF MUSIC DEGREES, AS WELL AS A MASTER OF EDUCATION IN WORLD LANGUAGE INSTRUCTION. THE 2024-2025 ENROLLMENT WAS 1,850 STUDENTS, 438 OF WHOM MET THE REQUIREMENTS OF GRADUATION. 16914555 15187459 AUXILIARY ENTERPRISES AT CONCORDIA COLLEGE ARE COMPRISED OF 12 RESIDENCE HALLS OR ON-CAMPUS APARTMENTS, A DINING HALL AS WELL AS A QUICK-SERVE RESTAURANT OPTION, SNACK SHOP AND COFFEE SHOP, A BOOKSTORE AND A DAY CAY FACILITY FOR FACULTY, STAFF AND STUDENTS. 55% OF ENROLLED STUDENTS LIVED IN ON-CAMPUS HOUSING, WHILE 71% OF THE ENROLLED STUDENT POPULATION PARTICIPATED IN ONE OF THE EIGHT MEAL PLAN OPTIONS OFFERED BY THE COLLEGE'S DINING SERVICE. 11778199 419835 9439409 CONCORDIA COLLEGE OWNS AND OPERATES THE CONCORDIA LANGUAGE VILLAGES. THE LANGUAGE VILLAGES USE IMMERSION TECHNIQUES TO TEACH PARTICIPANTS ABOUT OTHER LANGUAGES AND CULTURES WHILE GIVING CONCORDIA STUDENTS THE OPPORTUNITY TO GAIN PRACTICAL TEACHING EXPERIENCE. THE LANGUAGE VILLAGES OFFER INSTRUCTION IN 17 DIFFERENT LANGUAGES WITH A VARIETY OF YEAR-ROUND PROGRAMS DESIGNED FOR LEARNERS OF EVERY AGE. MOST VILLAGES ARE LOCATED AT VARIOUS SITES ON TURTLE RIVER LAKE NEAR BEMIDJI, MN, AS WELL AS AT VARIOUS LEASED SITES THROUGHOUT MINNESOTA. THE VILLAGES RECENTLY ADDED VIRTUAL VILLAGES, ONLINE IMMERSION PROGRAMMING. DURING THE FISCAL YEAR 2024-2025, CONCORDIA LANGUAGE VILLAGES ENROLLED 4,926 PARTICIPANTS IN A VARIETY OF PROGRAMS OFFERED THROUGHOUT THE YEAR. ALTHOUGH THE MAJORITY OF PROGRAMMING TAKES PLACE DURING THE SUMMER, THE EXPANSION OF YEAR-ROUND LANGUAGE LEARNING THROUGH THE VILLAGES CONTINUES TO GROW. 18075715 PUBLIC SERVICE, ACADEMIC SUPPORT, AND STUDENT SERVICES (COMBINED) 18075715 101002108 1 1 0 1 0 0 0 1 1 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 433 0 2594 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 1 0 0 X EMILY GESS FINANCIAL CONTROLLER 2182994789 901 S 8TH ST MOORHEAD MN 56562 MARY S RANUM CHAIR 1.00 X X 0 0 0 REV GARY R HENDERSON VICE CHAIR 1.00 X X 0 0 0 DR JULIE A BLEHM SECRETARY 1.00 X X 0 0 0 ASMAH TAREEN TRUSTEE 1.00 X 0 0 0 BETH ANN RENNER TRUSTEE 1.00 X 0 0 0 BISHOP CRAIG SCHWEITZER TRUSTEE 1.00 X 0 0 0 BISHOP TESSA MOON LEISETH TRUSTEE 1.00 X 0 0 0 CORREY L HAALAND TRUSTEE 1.00 X 0 0 0 DAVID ANDERSON TRUSTEE 1.00 X 0 0 0 DAVID J HORAZDOVSKY TRUSTEE 1.00 X 0 0 0 DR PATRICIA PEPPER TRUSTEE 1.00 X 0 0 0 ELIZABETH CHENEY TRUSTEE 1.00 X 0 0 0 JEAN E BYE TRUSTEE 1.00 X 0 0 0 JOHN E YDSTIE TRUSTEE 1.00 X 0 0 0 KATHRYN HASBARGEN TRUSTEE 1.00 X 0 0 0 MARK JORDAHL TRUSTEE 1.00 X 0 0 0 MARYANN ANDERSON TRUSTEE 1.00 X 0 0 0 PAUL HANSON TRUSTEE 1.00 X 0 0 0 REV HANS DAHL TRUSTEE 1.00 X 0 0 0 REV LAMONT WELLS TRUSTEE 1.00 X 0 0 0 REV MARY PECHAUER TRUSTEE 1.00 X 0 0 0 ROBERT JOSSART TRUSTEE 1.00 X 0 0 0 RUTH ANNA BUFFALO TRUSTEE 1.00 X 0 0 0 SCOTT ANSETH TRUSTEE 1.00 X 0 0 0 STEPHANIE LUNDQUIST TRUSTEE 1.00 X 0 0 0 TAMMY LEE TRUSTEE 1.00 X 0 0 0 TROY J BUTNER TRUSTEE 1.00 X 0 0 0 DR COLIN IRVINE PRESIDENT 40.00 X 369367 0 59757 LINDA J BROWN TREASURER/VP FOR FINANCE 40.00 X 134949 0 18503 RACHEL CLARKE TREASURER/VP FOR FINANCE 40.00 X 129669 0 10004 DR SUSAN J LARSON PROVOST AND DEAN OF THE COLLEGE 40.00 X 185590 0 7027 CHRISTOPHER J MASON DEAN, OFFUTT SCHOOL OF BUSINESS 40.00 X 161684 0 18396 MARY M KOSIR ED CONCORDIA LANGUAGE VILLAGES 40.00 X 167671 0 4762 DR LISA SETHRE-HOFSTAD VP STUDENT DEVEL. AND CAMPUS LIFE 40.00 X 162704 0 1694 REV TERRY BRANDT VP FOR ADVANCEMENT 40.00 X 164394 0 0 JOSHUA LYNSE VP, COMMUNICATIONS AND MARKETING 40.00 X 147090 0 7465 1623118 0 127608 24 0 1 0 GEHRTZ CONSTRUCTION SERVICES INC 510 4TH AVE N FARGO ND 58102 CONSTRUCTION 1534625 FIELDTURF USA INC 8088 MONTVIEW RD MONTREAL QUEBEC CA H4P CONSTRUCTION 1048268 BEYNON SPORTS SURFACES INC 16 ALT RD HUNT VALLEY MD 21030 CONSTRUCTION 660500 ZETAH CONSTRUCTION INC 1222 INDUSTRIAL PARK DR SE BEMIDJI MN 56601 CONSTRUCTION 487667 LRAP RISK PURCHASING GROUP LLC 1011 WARRENVILLE RD STE 100 LISLE IL 60532 STUDENT ASSISTANCE 448270 26 36733 3169141 24538228 1282219 27744102 EDUCATION, GENERAL 611310 55206634 55206634 DINING SERVICES 611310 10786307 7483787 3302520 LANGUAGE VILLAGES 611310 9439409 9439409 RESIDENCE HALLS 611310 5296513 5296513 DAY CARE SERVICES 611310 628960 628960 359106 359106 81716929 5350228 -26658 5376886 161077 26334 134743 134743 134743 21638977 353137 21285840 21285840 21285840 111698 36733 57389 54309 54309 1541022 1354592 186430 186430 OTHER REVENUE 900099 1081177 1081177 CONFERENCES AND EVENTS 900099 416172 416172 OTHER OPERATIONS 900099 276608 276608 87666 87666 1861623 138334204 79833502 3275862 27480738 29513557 29513557 938262 702772 235490 39931496 34098201 4473858 1359437 2067357 1660512 295968 110877 8583365 7189465 1103244 290656 2791629 2327502 342947 121180 37301 37301 143256 143256 119872 119872 43334 43334 877270 877270 2152722 1853622 299001 99 184079 113946 68913 1220 1767981 1521571 122187 124223 1781248 234723 1542034 4491 4824 4824 2420966 2287094 133872 3916814 3641462 194115 81237 164523 125014 25301 14208 512729 488949 23780 5760810 5098430 662380 1019142 441806 577336 RESALEABLE MERCHANDISE 6759582 6759582 OTHER EXPENSES 3567391 2613275 921573 32543 REPAIRS AND MAINTENANCE 1118054 1028573 89474 7 116177564 101002108 12756454 2419002 13815653 6784727 2889960 2502903 2102009 1544068 796850 836591 508171 176461 268375350 120827088 146700149 147548262 151817549 178085660 60555442 56068391 5636197 5772880 384821980 399319943 10597753 9187716 1874590 1156801 2794121 3089538 24686347 21760131 1663791 1666572 9865109 10674153 51481711 47534911 X 127588944 137158504 205751325 214626528 333340269 351785032 384821980 399319943 X 22156640 -4322405 610528 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 119872 119872 0 PART II-B, LINE 1: CONCORDIA COLLEGE IS A MEMBER OF MINNESOTA PRIVATE COLLEGE COUNCIL (MPCC), AN ORGANIZATION DESCRIBED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. MPCC IS AN ASSOCIATION OF PRIVATE NONPROFIT INSTITUTIONS OF HIGHER EDUCATION THAT SERVES A VARIETY OF ITS MEMBERS' SHARED NEEDS, INCLUDING, BUT NOT ONLY, NONPARTISAN AND NON-ELECTORAL ADVOCACY FOR PUBLIC POLICY THAT MEETS STUDENTS' NEEDS AND ADVANCES THE INTERESTS OF PRIVATE HIGHER EDUCATION. CONCORDIA COLLEGE PAID MEMBERSHIP DUES TO MPCC IN THE AMOUNT OF $130,055 DURING THE TAXABLE YEAR. MPCC HAS DIVIDED ITS EXPENSES FOR ITS TAXABLE YEAR ENDING JUNE 30, 2025, INTO TWO GROUPS. GROUP 1 CONSISTS OF THOSE EXPENSES THAT DID NOT IN ANY WAY SUPPORT ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("LOBBYING"), AND GROUP 2 CONSISTS OF ALL OTHER EXPENSES. GROUP 2 INCLUDES MANY EXPENSES, SUCH AS PERSONNEL COSTS, THAT SUPPORTED BOTH LOBBYING AND NON-LOBBYING ACTIVITIES. MPCC DID NOT ATTEMPT TO ALLOCATE THE GROUP 2 EXPENSES BETWEEN LOBBYING AND NON-LOBBYING ACTIVITIES. MPCC HAS DETERMINED THAT THE AMOUNT OF THE GROUP 2 EXPENSES REPRESENTS 92.17% OF THE AMOUNT OF THE DUES THAT MPCC COLLECTED IN THE SAME TAXABLE YEAR. ASSUMING THAT ALL GROUP 2 EXPENSES WERE PAID FROM MEMBER DUES, AND ALLOCATING THOSE EXPENSES PRO RATA BASED ON THE DUES PAID BY EACH MEMBER, $119,872 OF CONCORDIA COLLEGE'S DUES WERE USED TO PAY GROUP 2 EXPENSES. THE AMOUNT OF LOBBYING EXPENSES PAID FROM CONCORDIA COLLEGE'S DUES WAS SIGNIFICANTLY LESS THAN THAT AMOUNT. 29211 X X 0 0 1 X 183959430 4463529 18901514 8914133 198410340 171705611 4362543 18581192 10689916 183959430 177341871 5885266 1749782 13271308 171705611 187430498 4927265 -6458298 8557594 177341871 149372432 3167106 44663820 9772860 187430498 0.01800 0.98200 1 0 1019588 4622485 5642073 206087156 78881696 127205460 20040013 14225150 5814863 36559901 27720242 8839659 46207 46207 147548262 REAL ASSET FUNDS 3671924 F FUNDS HELD IN TRUST 5167212 F PRIVATE EQUITY FUNDS 31497135 F HEDGE FUNDS 15732120 F 56068391 DEPOSITS 735107 ANNUITIES PAYABLE 9939046 10674153 X 106019378 -4322405 2385726 -1936679 107956057 864590 29513557 30378147 138334204 87574615 1775198 1775198 85799417 864590 29513557 30378147 116177564 PART III, LINE 4: THE COLLEGE HOLDS VARIOUS PAINTINGS, PRINTS, MOSAICS AND SCULPTURES. THE CONCORDIA COLLEGE ART COLLECTION IS AN EDUCATIONAL AND CULTURAL COMPONENT OF THE COLLEGE. IT INCLUDES SIGNIFICANT AND VALUABLE WORKS THAT REFLECT A VARIETY OF ARTISTIC CREATIVITY AND IMPART THE COLLEGE'S NORWEGIAN HERITAGE AND LOCATION IN THE UPPER MIDWEST. PART IV, LINE 2B: FUNDS HELD FOR OTHERS INCLUDE DEFERRED GIFT TRUSTS WHERE THE COLLEGE ACTS AS THE TRUSTEE AND THERE ARE OTHER BENEFICIARIES UPON MATURATION AND FUNDS HELD FOR STUDENT ORGANIZATIONS. PART V, LINE 4: THE INTENDED USE OF THE COLLEGE'S ENDOWMENT FUNDS IS TO PROVIDE SCHOLARSHIPS TO STUDENTS AND TO FINANCE THE OPERATIONAL NEEDS OF THE COLLEGE, WHICH IN TURN WILL ALLOW THE COLLEGE TO FURTHER ITS MISSION. PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE COLLEGE IS NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT IT DERIVES INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSES (UNRELATED TRADE OR BUSINESS ACTIVITIES). THE COLLEGE HAD NO MATERIAL UNRELATED BUSINESS INCOME DURING THE YEAR. THE COLLEGE IS ALSO EXEMPT FROM STATE INCOME TAXES. THE COLLEGE FOLLOWS 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 COLLEGE FOR UNCERTAIN TAX POSITIONS AS OF APRIL 30, 2025 AND 2024. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 26,334. LOSS ON DISPOSAL OF PLANT ASSETS 336,883. COST OF GOODS SOLD 1,354,592. DIRECT FUNDRAISING EXPENSES 57,389. ACTUARIAL ADJUSTMENT 600,731. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 9,797. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS, GRANTS, STUDENT LOANS 29,513,557. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 26,334. COST OF GOODS SOLD 1,354,592. DIRECT FUNDRAISING EXPENSES 57,389. LOSS ON SALE OF FIXED ASSETS 336,883. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS, GRANTS, STUDENT LOANS 29,513,557. EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD 274801 CENTRAL AMERICA & CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD 56428 EAST ASIA & PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 53309 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD 142672 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 23580867 0 0 0 0 0 0 24108077 0 24108077 1 0 0 1 1 0 PART I, LINE 3: ACCRUAL METHOD SCHEDULE F, PART IV, LINE 4: CONCORDIA COLLEGE INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES. THE INVESTMENT PARTNERSHIPS HAVE PROPERLY FILED FORM 8621 OR DO NOT REPORT ANY UNRELATED BUSINESS INCOME. UNDER THESE FACTS, IT IS NOT NECESSARY FOR THE COLLEGE TO FILE AN ADDITIONAL FORM 8621. X X X X X X X 0 MASON PHILANTHROPY LLC 1424 CANYON RUN RD NAPERVILLE IL 60565 CAMPAIGN PLANNING CONSULTING 0 0 43334 43334 43334 43334 AZ CA FL GA ID IL IN IA KS KY LA MN MT NE NV NJ NM NY ND OH OK OR PA RI SD TN TX VT WV WI WY COBBER FOOTBALL GOLF TOURNAMENT 87646 21050 66596 23900 9591 3864 1770 COBBER BASEABALL GOLF TOURNAMENT 14435 14435 1710 2255 827 4 46350 15683 30667 1668 6772 3640 1392 148431 36733 111698 27278 18618 8331 3162 57389 54309 1 SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS 1711 29093722 SCHOLARSHIPS AND GRANTS - LANGUAGE VILLAGES 298 419835 PART I, LINE 2: CONCORDIA COLLEGE OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THEIR OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE OF THIS FORM MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS WHETHER PUT IN PLACE BY THE COLLEGE OR BY DONORS OF RESTRICTED FUNDS. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR COLIN IRVINE PRESIDENT 367870 0 0 0 1497 0 17000 0 42757 0 429124 0 0 0 DR SUSAN J LARSON PROVOST AND DEAN OF THE COLLEGE 184862 0 0 0 728 0 4765 0 2262 0 192617 0 0 0 CHRISTOPHER J MASON DEAN, OFFUTT SCHOOL OF BUSINESS 160742 0 0 0 942 0 8446 0 9950 0 180080 0 0 0 MARY M KOSIR ED CONCORDIA LANGUAGE VILLAGES 167062 0 0 0 609 0 2794 0 1968 0 172433 0 0 0 DR LISA SETHRE-HOFSTAD VP STUDENT DEVEL. AND CAMPUS LIFE 162121 0 0 0 583 0 0 0 1694 0 164398 0 0 0 REV TERRY BRANDT VP FOR ADVANCEMENT 164032 0 0 0 362 0 0 0 0 0 164394 0 0 0 JOSHUA LYNSE VP, COMMUNICATIONS AND MARKETING 146825 0 0 0 265 0 7281 0 184 0 154555 0 0 0 LINDA J BROWN TREASURER/VP FOR FINANCE 116671 0 0 0 18278 0 14560 0 3943 0 153452 0 0 0 PART I, LINE 1A PRESIDENT IRVINE RECEIVED $36,000 FOR HOUSING AND PERSONAL SERVICES WHICH IS INCLUDED IN NONTAXABLE BENEFITS OF $42,757. A CITY OF MOORHEAD MINNESOTA 416005386 61615DBT6 2016-03-01 42985294 CONSTRUCT & RENOVATE SCIENCE CENTER AND REFINANCE OUTSTANDING DEBT 0 0 0 A 21022286 43024857 2960744 690115 19693461 320332 19360205 2017 1 1 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF MOORHEAD, MINNESOTA DATE THE REBATE COMPUTATION WAS PERFORMED: 02/08/2021 SCHEDULE K, PART II, LINE 3: TOTAL PROCEEDS OF THE ISSUE EXCEEDED THE ISSUE PRICE DUE TO INTEREST EARNINGS ON THE FUNDS. X 2 0 N/A X 32 1275752 FAIR MARKET VALUE X FARM COMMODITY 1 6467 FAIR MARKET VALUE X PERSONAL PROPERTY 9 0 N/A 0 0 1 0 PART I, COLUMN (B): THE COLLEGE IS REPORTING THE NUMBER OF DONORS IN COLUMN B, NOT THE NUMBER OF ITEMS DONATED. PART I, LINE 33: WHEN THE COLLEGE RECEIVES A DONATION WITH NO MARKETABILITY OR QUALIFIED APPRAISAL, SUCH AS DONATED HOUSEHOLD GOODS OR ART, IT IS THE COLLEGE'S POLICY NOT TO ATTACH A VALUE TO THE ITEM UPON RECEIPT OF THE GIFT. THE COLLEGE RECEIVED 9 GIFTS OF PERSONAL PROPERTY AND 2 GIFTS OF ARTWORK THAT WERE NOT ASSIGNED A VALUE. FORM 990, PART VI, SECTION A, LINE 1A ANNUALLY, NINE MEMBERS OF THE BOARD ARE DESIGNATED TO SERVE ON THE EXECUTIVE COMMITTEE WHICH HAS THE AUTHORITY TO ACT AS MAY BE NECESSARY ON BEHALF OF THE BOARD BETWEEN MEETINGS. ALL ACTIONS OF THE EXECUTIVE COMMITTEE ARE REPORTED TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A VOTING MEMBERS OF THE CORPORATION ASSEMBLY ELECT MEMBERS TO THE BOARD OF REGENTS. VOTING MEMBERS ARE MEMBERS OF THE BOARD OF REGENTS AND THE BISHOP OR BISHOP'S DESIGNEE FROM EACH SYNOD IN THE CORPORATE TERRITORY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD HAS DELEGATED RESPONSIBILITY FOR REVIEW OF THE FORM 990 TO THE GOVERNANCE COMMITTEE. A PUBLIC INSPECTION COPY OF THE FORM 990 WAS PROVIDED TO THE GOVERNANCE COMMITTEE OF THE BOARD OF REGENTS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO MEMBERS OF THE BOARD OF REGENTS AND TO KEY EMPLOYEES REPORTING DIRECTLY TO THE PRESIDENT. EACH OF THESE INDIVIDUALS IS EXPECTED TO ANNUALLY SIGN AND SUBMIT TO THE SECRETARY OF THE BOARD A STATEMENT DISCLOSING ALL MATERIAL FINANCIAL INTEREST ($10,000 OR MORE), KNOWN TO THE REGENT OR KEY EMPLOYEE, OF THE REGENT, KEY EMPLOYEE OR FAMILY MEMBER, IN ANY OUTSIDE ENTITY WITH WHICH THE REGENT OR KEY EMPLOYEE KNOWS THE COLLEGE HAS OR IS CONSIDERING A TRANSACTION OR OTHER BUSINESS RELATIONSHIP. ANNUAL DISCLOSURE STATEMENTS ARE REVIEWED BY THE SECRETARY, SUBMITTED TO THE CHAIR OF THE AUDIT COMMITTEE AND IF A MATERIAL FINANCIAL INTEREST IS DISCLOSED IT MAY BE REFERRED TO THE BOARD. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED REGENT WILL BE REQUIRED TO LEAVE THE MEETING PRIOR TO DISCUSSION OF AND VOTE ON THE PROPOSED TRANSACTION OR AGREEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE PRESIDENT IS DETERMINED IN AN ANNUAL REVIEW BY THE EXECUTIVE COMMITTEE OF THE BOARD OF REGENTS. THE REVIEW INCLUDES DATA FROM COMPARABLE INSTITUTIONS AND A DEFINED TARGET WITHIN THOSE INSTITUTIONS. THE REVIEW AND RECOMMENDATION REGARDING COMPENSATION ARE PRESENTED TO THE BOARD OF REGENTS FOR ACTION. THE DECISION IS RECORDED IN THE MINUTES OF THE MEETING AND WAS LAST CONDUCTED IN 2024. THE COMPENSATION FOR THE VICE PRESIDENTS IS DETERMINED IN AN ANNUAL REVIEW BY THE PRESIDENT. THE REVIEW INCLUDES DATA FROM COMPARABLE INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE PUBLIC INSPECTION COPY OF THE FORM 990 IS ALSO AVAILABLE UPON REQUEST. FORM 990, PART VI, LINE 14: THE COLLEGE HAS NOT ADOPTED AN ORGANIZATION-WIDE WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY BUT DOES HAVE WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICIES THAT COVER THE NEEDS OF EACH DEPARTMENT. FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT 600,731. CASH SURRENDER VALUE OF LIFE INSURANCE 9,797. FORM 990, PART XII, LINE 2C: THE SELECTION AND OVERSIGHT PROCESS REGARDING THE FINANCIAL STATEMENT AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. CHARITABLE REMAINDER UNITRUST (27) CHARITABLE TRUST MN CONCORDIA COLLEGE T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0