2026-03-19T12:24:35-05:00 2025-05-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-06-01 410694721 AUGSBURG UNIVERSITY AUGS 6123301000 2211 RIVERSIDE AVENUE MINNEAPOLIS MN 554541351 RAHFAT HUSSAIN CFO 6123301000 2026-03-02 1 0 ANN NEIL P01817922 6123764500 2026-03-02 2024 2025-03-06 01:10:19Z REBECCA JOHN 2211 RIVERSIDE AVENUE MINNEAPOLIS MN 554541351 155057155 0 X WWW.AUGSBURG.EDU X 1872 MN A PRIVATE LUTHERAN FOUR-YEAR UNIVERSITY LOCATED IN DOWNTOWN MINNEAPOLIS. 28 27 1428 30 71690 10068 11174414 14928448 127030505 134216843 497586 4473903 168987 -42458 138871492 153576736 62249732 67530989 0 0 50956084 50199991 0 0 2786600 31736143 33443366 144941959 151174346 -6070467 2402390 209245225 215656761 74620579 76283759 134624646 139373002 X AUGSBURG UNIVERSITY EDUCATES STUDENTS TO BE INFORMED CITIZENS, THOUGHTFUL STEWARDS, CRITICAL THINKERS, AND RESPONSIBLE LEADERS.THE AUGSBURG EXPERIENCE IS SUPPORTED BY AN ENGAGED COMMUNITY THAT IS COMMITTED TO INTENTIONAL DIVERSITY IN ITS LIFE AND WORK. AN AUGSBURG EDUCATION IS DEFINED BY EXCELLENCE IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES, GUIDED BY THE FAITH AND VALUES OF THE LUTHERAN CHURCH, AND SHAPED BY ITS URBAN AND GLOBAL SETTINGS. 0 0 106731960 67530989 122357202 POSTSECONDARY EDUCATIONLOCATED IN THE HEART OF MINNEAPOLIS, AUGSBURG UNIVERSITY EDUCATES STUDENTS TO THRIVE IN THEIR LIVES TO BE SUCCESSFUL PROFESSIONALS, GOOD NEIGHBORS, AND STEWARDS OF AN INCLUSIVE DEMOCRACY, ENGAGED IN THEIR COMMUNITIES, AND UNIQUELY EQUIPPED TO NAVIGATE THE COMPLEX ISSUES OF OUR TIME. AUGSBURG OFFERS ITS NEARLY 3,500 STUDENTS UNDERGRADUATE DEGREES IN MORE THAN 50 MAJOR AREAS OF STUDY IN A TRADITIONAL DAY PROGRAM AND ON EVENINGS AND WEEKENDS FOR WORKING ADULTS. THE UNIVERSITY ALSO GRANTS 12 GRADUATE DEGREES IN BUSINESS ADMINISTRATION, CREATIVE WRITING, EDUCATION, LEADERSHIP, MUSIC THERAPY, NURSING, PHYSICIAN ASSISTANT STUDIES, TEACHING, AND SOCIAL WORK, AS WELL AS DOCTORATES OF CLINICAL PSYCHOLOGY, MEDICAL SCIENCE, AND NURSING PRACTICE. 23713397 0 2141933 ACADEMIC SUPPORT AND STUDENT SERVICESAUGSBURG UNIVERSITY PROVIDES INNOVATIVE PROGRAMMING AND SUPPORT SERVICES TO NEARLY 3,500 UNDERGRADUATE AND GRADUATE LEARNERS. AS AN EXAMPLE, THE GAGE CENTER FOR STUDENT SUCCESS PROVIDES ADVISING, TUTORING, AND OTHER ACADEMIC SUPPORT SERVICES TO ALL UNDERGRADUATE AND GRADUATE STUDENTS. THE GAGE CENTER INCLUDES THE CENTER FOR LEARNING AND ACCESSIBLE STUDENT SERVICES, ACADEMIC SPECIALISTS WHO PROVIDE INDIVIDUALIZED ACCOMMODATIONS FOR STUDENTS WITH COGNITIVE, LEARNING, AND PHYSICAL DISABILITIES. IN ADDITION, STEPUP AUGSBURG'S INNOVATIVE, NATIONALLY RECOGNIZED RESIDENTIAL COLLEGE RECOVERY PROGRAM SUPPORTS 40-60 STUDENTS EACH YEAR WITH COUNSELING, SUBSTANCE-FREE HOUSING, AND LEADERSHIP DEVELOPMENT. THROUGH THE INTEGRATED SERVICES OF THE ENROLLMENT CENTER, STUDENTS AND FAMILIES CAN RECEIVE COUNSELING AND SUPPORT WITH TUITION PAYMENT PLANS, SCHOLARSHIPS, FINANCIAL AID, AND REGISTRATION. NEARLY HALF OF ALL AUGSBURG STUDENTS PARTICIPATE IN SPORTS AT THE INTERCOLLEGIATE OR INTRAMURAL LEVEL AND STUDENTS CAN ALSO PARTICIPATE IN ONE OF AUGSBURG'S 50 STUDENT ORGANIZATIONS. STUDENTS ARE ALSO SUPPORTED ACADEMICALLY BY THE LINDELL LIBRARY WHICH AS NEARLY 500,000 BOOKS AND E-BOOKS, 150,000 STREAMING VIDEOS AND AUDIO FILES, AND MORE THAN 200 DATABASES WITH ACCESS TO ANOTHER 500 MILLION TITLES WORLDWIDE THROUGH THE OCLC WORLDCAT DATABASE. 9027633 0 9693161 AUXILIARY SERVICESAUGSBURG UNIVERSITY'S RESIDENCE LIFE PROGRAM SEEKS TO DEVELOP RESIDENTS WHO ARE BOTH STUDENTS AND NEIGHBORS IN AN URBAN COLLEGIATE SETTING. THE UNIVERSITY HAS FIVE RESIDENCE HALLS AND THREE DINING VENUES. DURING FALL 2025, AUGSBURG WAS HOME TO OVER 700 STUDENTS, WITH NEARLY 600 PARTICIPATING IN STUDENT MEAL PLANS. AUGSBURG'S DINING SERVICES PROVIDE A WIDE VARIETY OF MEALS THAT MEET NUTRITIONAL, RELIGIOUS, AND CULTURAL REQUIREMENTS AND EDUCATE STUDENTS ABOUT NUTRITION AND SUSTAINABLE FOOD PRACTICES. A CAMPUS BOOKSTORE OFFERS A VARIETY OF GOODS FOR STUDENTS, FACULTY, STAFF, AND THE GENERAL PUBLIC. 139472990 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 4951 0 1 1428 1 1 1 1 MX GT WA 0 0 0 1 1 0 0 0 0 0 0 X 28 27 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X RAHFAT HUSSAIN 6123301027 2211 RIVERSIDE AVENUE MINNEAPOLIS MN 55454 DENNIS MEYER CHAIR 2.00 X X 0 0 0 JOHN O'BRIEN VICE CHAIR 2.00 X X 0 0 0 DEAN SUNDQUIST TREASURER 2.00 X X 0 0 0 JILL THOMAS SECRETARY 2.00 X X 0 0 0 RON ANDERSON REGENT 2.00 X 0 0 0 CYRUS BATHEJA REGENT 2.00 X 0 0 0 CHERYL CHATMAN REGENT 2.00 X 0 0 0 KARIM EL-HIBRI REGENT 2.00 X 0 0 0 ELLEN EWALD REGENT 2.00 X 0 0 0 REGINA HASSANALLY REGENT 2.00 X 0 0 0 SAANII HERNANDEZ REGENT 2.00 X 0 0 0 PAHOUA YANG HOFFMAN REGENT 2.00 X 0 0 0 KENNETH HOLMEN REGENT 2.00 X 0 0 0 VEENA IYER REGENT 2.00 X 0 0 0 DIANE JACOBSON REGENT 2.00 X 0 0 0 ERIC JOLLY REGENT 2.00 X 0 0 0 WAYNE JORGENSON REGENT 2.00 X 0 0 0 ETHELIND KABA REGENT 2.00 X 0 0 0 KAROLYNN LESTRUD REGENT 2.00 X 0 0 0 TERRY LINDSTROM REGENT 2.00 X 0 0 0 PATRICIA LULL REGENT 2.00 X 0 0 0 MICHAEL MAXEY REGENT 2.00 X 0 0 0 NANCY MUELLER REGENT 2.00 X 0 0 0 PAUL PRIBBENOW PRESIDENT 40.00 X X 436501 0 191702 LAMONT WELLS REGENT 2.00 X 0 0 0 NOYA WOODRICH REGENT 2.00 X 0 0 0 CHRIS JOHNSON REGENT 2.00 X 0 0 0 MAXIMILLIAN MARCY REGENT 2.00 X 0 0 0 KENEESHIA WILLIAMS REGENT 2.00 X 0 0 0 LEIF ANDERSON VP AND CSO 40.00 X 188288 0 24179 REBECCA JOHN VP AND COO 40.00 X 199542 0 15896 JOHN COSKRAN CFO 40.00 X 251642 0 6786 PAULA O'LOUGHLIN PROVOST AND SR VP 40.00 X 220751 0 26246 ROBERT GOULD VP OF STRATEGIC ENROLLMENT 40.00 X 242861 0 13938 AMY ALKIRE VP OF ADVANCEMENT 40.00 X 180508 0 23825 SARAH ERKKINEN ASSIST VP INSTITUIONAL ADVANCEMENT 40.00 X 162975 0 18043 MONNICA DEVERS DEAN OF PROF. STUDIES 40.00 X 261305 0 6201 RYAN HAALAND DEAN OF ARTS AND SCIENCE 40.00 X 201990 0 2152 2346363 0 328968 62 0 1 0 ALADDIN FOOD MANAGEMENT SERVICES LLC 330 S TYRON ST SUITE 400 CHARLOTTE NC 28202 FOOD SERVICE 1690725 AP MIDWEST LLC 5500 WAYZATA BLVD SUITE 600 MINNEAPOLIS MN 55416 CONSTRUCTION SERVICES 945170 METROPOLITAN MECHANICAL CONTRACTOR 7450 FLYING CLOUD DRIVE EDEN PRAIRIE MN 55344 MECHANICAL SERVICES 639582 BARNES & NOBLE COLLEGE BOOKSELLERS PO BOX 713660 PHILADEPHIA PA 19171 BOOKSTORE SERVICES 390278 ULSTER UNIVERSITY YORK STREET BELFAST UK UK BT15 1ED STUDY ABROAD 280218 17 270543 5095959 9561946 445432 14928448 TUITION AND FEES 611310 122357202 122357202 AUXILIARY ENTERPRISES 711210 9693161 9693161 OTHER STUDENT SERVICES 611710 1902250 1902250 EDUCATIONAL ACTIVITIES 611710 239683 239683 CONFERENCE REVENUE 611310 24547 24547 134216843 456399 46611 409788 889724 898610 -8886 -8886 -8886 2992733 1511910 101440 385699 2891293 1126211 4017504 4017504 39527 270543 82517 -42990 -42990 21571 12153 9418 9418 153576736 134192296 71690 4384302 67530989 67530989 1317310 228750 820968 267592 40044738 35619129 3152219 1273390 2034718 1734042 219776 80900 4035570 3439581 457419 138570 2767655 2358671 298943 110041 198099 1425 196674 112265 112265 332001 332001 6935023 6317647 107517 509859 45752 42789 2055 908 2500776 1944948 497497 58331 1581919 1366263 132746 82910 4321685 4189048 130176 2461 2931218 2627892 171129 132197 1002978 806267 126090 70621 2711930 2447150 263539 1241 5555912 5276307 253408 26197 1380272 1315620 64652 DUES, FEES, & TAXES 1310210 753862 529898 26450 REPAIRS & MAINTENANCE 1100205 1073451 26636 118 BAD DEBTS 878608 878608 REFERENCE MATERIALS 374890 350234 23828 828 169623 48925 116712 3986 151174346 139472990 8914756 2786600 6840909 4864647 8661186 8059491 4394846 6739784 5400457 9065016 541598 541598 948108 638535 35995 28486 1564800 1694035 194598532 92874595 103908101 101723937 34403346 36828923 34088468 36873346 8457411 8598963 209245225 215656761 10165345 9521288 6075842 6954754 43312780 52164233 223353 514618 10500000 3819703 4343259 3309163 74620579 76283759 X 47562869 45931157 87061777 93441845 134624646 139373002 209245225 215656761 X 2402390 2899669 -553703 X 0 1 X 1 1 1 X 17660164 23142357 11837163 11174414 14928448 78742546 17660164 23142357 11837163 11174414 14928448 78742546 2444846 76297700 188327 131328 117671 563380 409788 1410494 80153040 594700527 0.95190 0.96310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 170248 170248 0 PART II-B, LINE 1: AUGSBURG IS A MEMBER OF MPCC, A 501(C)(4) ORGANIZATION. MPCC IS AN ASSOCIATION OF PRIVATE NONPROFIT HIGHER EDUCATION INSTITUTIONS THAT SERVES A VARIETY OF ITS MEMBER'S 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. AUGSBURG PAID 156,448 IN MEMBERSHIP DUES TO MPCC DURING THE TAXABLE YEAR. A PORTION OF THIS AMOUNT SUPPORTED ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE IRS CODE. THE AMOUNT OF LOBBYING EXPENSE PAID FROM AUGSBURG'S DUES WAS SIGNIFICANTLY LESS THAN THAT AMOUNT. AUGSBURG ALSO HIRED JOHN R. EVENS AND BRADLEY LUNDELL FOR LEGISLATOR OUTREACH, CONNECTING STUDENTS AND COACHES WITH LEGISLATORS TO LEARN ABOUT OUR MN URBAN DEBATE LEAGUE PROGRAMMING AND TO SOLICIT DIRECT APPROPRIATION THROUGH THE LEGACY FUND AT THE MN LEGISLATION. JOHN R. EVENS WAS PAID $6,300 AND BRADLEY LUNDELL WAS PAID $7,500 0 1 X 76281098 2031973 5734966 2890586 276069 80881382 70765390 2452690 7382321 4001529 317774 76281098 70632324 2849518 16144 2606666 125930 70765390 68323244 2922136 1868529 2314723 166862 70632324 54133892 2979731 13267509 1929977 127911 68323244 0.00650 0.99350 0.00000 1 0 3876843 3876843 129667616 51172063 78495553 43291005 28605377 14685628 16426614 12139485 4287129 1336454 957670 378784 101723937 ALTERNATIVE INVESTMENTS 36776690 F CSV LIFE INSURANCE 96656 F 36873346 ANNUITIES PAYABLE 261178 U.S. GOVERNMENT GRANTS REFUNDABLE 745035 CAPITAL LEASE OBLIGATIONS 1112624 ENVIRONMENTAL REMEDIATION 760463 OPERATING LEASE OBLIGATIONS 429863 3309163 X 89112892 2899669 453348 3353017 85759875 332001 67484860 67816861 153576736 84364536 993280 993280 83371256 332001 67471089 67803090 151174346 PART IV, LINE 2B: FUNDS HELD IN CUSTODY FOR OTHERS RELATES TO AGENCY FUNDS THAT AUGSBURG UNIVERSITY HELPS TO ADMINISTER. THERE ARE APPROXIMATELY 8 AGENCIES THAT AUGSBURG UNIVERSITY CURRENTLY WORKS WITH IN THIS TYPE OF RELATIONSHIP. PART V, LINE 4: THE UNIVERSITY ENDOWMENT CONSISTS OF APPROXIMATELY 400 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES BASED ON DONOR RESTRICTIONS AND BOARD DESIGNATIONS. PART X, LINE 2: THE UNIVERSITY HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING IT IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO FEDERAL AND STATE INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME. THE UNIVERSITY ENGAGES IN ACTIVITIES THAT ARE CONSIDERED UNRELATED TO ITS EXEMPT PURPOSE. THESE ACTIVITIES ARE SUBJECT TO FEDERAL AND STATE INCOME TAXES. A FEDERAL AND STATE TAX PROVISION OF $50,000 AND $31,500 HAS BEEN RECORDED FOR THE YEARS ENDED MAY 31, 2025 AND 2024, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -471,436. SPECIAL EVENT EXPENSES 82,517. RENTAL EXPENSES 898,610. COST OF GOODS SOLD 12,153. CHANGE IN VALUE OF SWAP AGREEMENT -68,496. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 67,471,089. ADJUSTMENT OF ACTUARIAL LIABILITY 13,771. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 82,517. RENTAL EXPENSES 12,153. COST OF GOODS SOLD 898,610. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 67,471,089. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE STATEMENT IS PERMANENTLY POSTED IN VARIOUS LOCATIONS ON THE UNIVERSITY'S PUBLIC WEBSITE, INCLUDING A LINK FROM THE MAIN DISCLOSURES PAGE ON THE HOMEPAGE OF THE WEBSITE AS WELL AS THE FULL STATEMENT ON THE DEAN OF STUDENTS PAGE AND THE TITLE IX PAGE. THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGIOUS BELIEF, NATIONAL OR ETHNIC ORIGIN, AGE, DISABILITY, GENDER, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, MARITAL STATUS, FAMILIAL STATUS, GENETIC INFORMATION, STATUS WITH REGARD TO PUBLIC ASSISTANCE, OR CITIZENSHIP IN ITS EDUCATION POLICIES, ADMISSION POLICIES, EMPLOYMENT, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC AND/OR SCHOOL-ADMINISTERED PROGRAMS, EXCEPT IN THOSE INSTANCES WHERE THERE'S A BONA FIDE OCCUPATIONAL QUALIFICATION OR TO COMPLY WITH STATE OR FEDERAL LAW. RECRUITMENT PROCEDURES ARE DESIGNED AND CARRIED OUT TO REACH STUDENTS OF ALL RACIAL SEGMENTS IN THE GEOGRAPHICAL AREA SERVED. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES SUPPORT FROM THE STATE OF MINNESOTA AND THE U.S. GOVERNMENT IN CONNECTION WITH STUDENT AID PROGRAMS SUCH AS WORK STUDY, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, AND VARIOUS OTHER FEDERAL AND STATE GRANTS. 1 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENTS N/A 113868 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 INVESTMENTS N/A 140393 CENTRAL AMERICA AND THE CARIBBEAN 5 10 PROGRAM SERVICES SEMESTER LONG AND SHORT TERM STUDY ABROAD PROGRAMMING (IN PERSON AND/OR ONLINE) 702538 NORTH AMERICA 1 11 PROGRAM SERVICES SEMESTER LONG AND SHORT TERM STUDY ABROAD PROGRAMMING (IN PERSON AND/OR ONLINE) 572702 SUB-SAHARAN AFRICA 2 12 PROGRAM SERVICES SEMESTER LONG AND SHORT TERM STUDY ABROAD PROGRAMMING (IN PERSON AND/OR ONLINE) 629532 EUROPE (INCLUDING ICELAND & GREENLAND) 3 2 PROGRAM SERVICES SEMESTER LONG AND SHORT TERM STUDY ABROAD PROGRAMMING (IN PERSON AND/OR ONLINE) 883683 11 35 0 0 11 35 3042716 0 3042716 1 0 1 0 0 0 PART I, LINE 2: THE MAJORITY OF EXPENDITURES RELATE TO WIRE TRANSFERS MADE TO FOREIGN OFFICES TO COVER PAYMENTS MADE DIRECTLY OUT OF THESE OFFICES FOR EXPENDITURES INCURRED FOR INSTRUCTION OF STUDENTS WHILE ATTENDING COURSES AT THESE LOCATIONS. REMAINING EXPENDITURES RELATE TO PAYMENTS MADE DIRECTLY TO VENDORS FOR SERVICES PROVIDED TO THE UNIVERSITY BY FOREIGN VENDORS. ALL REQUESTS FOR PAYMENTS/WIRES ARE REVIEWED AND APPROVED BY APPROPRIATE SUPERVISORS OF THE RELATED DEPARTMENT. PART I, LINE 3: THE UNIVERSITY USES THE ACCRUAL METHOD TO REPORT EXPENDITURES AND INVESTMENTS ON SCHEDULE F. MAYOR'S CHALLENGE 234182 220426 13756 12323 29997 11163 GOLF TOURNAMENT 31925 22725 9200 1200 5544 4417 703 4 43963 27392 16571 11753 4387 1030 310070 270543 39527 1200 29620 38801 12896 82517 -42990 1 SCHOLARSHIPS 3091 67530989 N/A N/A PART I, LINE 2: AUGSBURG UNIVERSITY OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THE OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE MUST ALSO MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS PUT IN PLACE BY THE UNIVERSITY, GOVERNMENT AGENCIES, OR BY DONORS OF RESTRICTED FUNDS. FUNDS ARE DEPOSITED DIRECTLY INTO THE STUDENT'S ACCOUNT TO BE USED FOR TUITION. X X 1 1 X X X X X 1 1 0 0 0 0 0 0 0 PAUL PRIBBENOW PRESIDENT 385336 0 41997 0 9168 0 80117 0 111585 0 628203 0 0 0 MONNICA DEVERS DEAN OF PROF. STUDIES 141582 0 0 0 119723 0 4978 0 1223 0 267506 0 0 0 JOHN COSKRAN CFO 250801 0 0 0 841 0 6786 0 0 0 258428 0 0 0 ROBERT GOULD VP OF STRATEGIC ENROLLMENT 241671 0 0 0 1190 0 10738 0 3200 0 256799 0 0 0 PAULA O'LOUGHLIN PROVOST AND SR VP 219160 0 0 0 1591 0 6652 0 19594 0 246997 0 0 0 REBECCA JOHN VP AND COO 198004 0 0 0 1538 0 8906 0 6990 0 215438 0 0 0 LEIF ANDERSON VP AND CSO 187169 0 0 0 1119 0 8776 0 15403 0 212467 0 0 0 AMY ALKIRE VP OF ADVANCEMENT 179905 0 0 0 603 0 8472 0 15353 0 204333 0 0 0 RYAN HAALAND DEAN OF ARTS AND SCIENCE 86175 0 0 0 115815 0 1732 0 420 0 204142 0 0 0 SARAH ERKKINEN ASSIST VP INSTITUIONAL ADVANCEMENT 162406 0 0 0 569 0 4749 0 13294 0 181018 0 0 0 PART I, LINE 1A PAUL PRIBBENOW - RESIDENCE PROVIDED AS PART OF EMPLOYMENT CONTRACT, HEALTH OR SOCIAL CLUB DUES, VEHICLE LEASE FOR BUSINESS USE NOT INCLUDED IN TAXABLE INCOME. PART I, LINES 4A-B NAME: MONICA DEVERS, DESCRIPTION: SEVERANCE/CHANGE OF CONTROL, CURRENT YEAR AMOUNT: $118,858. PLAN DESCRIPTION: EARLY RETIREMENT NAME: RYAN HAALAND, DESCRIPTION: SEVERANCE/CHANGE OF CONTROL, CURRENT YEAR AMOUNT: $108,468. PLAN DESCRIPTION: EARLY RETIREMENT NAME: PAUL PRIBBENOW, DESCRIPTION: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN, CURRENT YEAR AMOUNT: $62,210. PLAN DESCRIPTION: 457(F) PLAN A MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 2016-12-01 32240000 CSBR FINANCING - SERIES 2016A 0 0 0 B MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416H2T0 2016-12-01 13680000 CSBR FINANCING - SERIES 2016B 0 0 0 C MINNEAPOLIS COMMUNITY DEVELOPMENT AGENCY 416009115 2024-08-01 10000000 REVENUE REFUNDING NOTE SERIES 2024 0 0 0 A 740000 33836864 2611717 1328839 366737 29529571 2017 0 0 1 1 B 3370000 13584240 1108197 155614 12320429 2017 0 0 1 1 C 10000000 10000000 2024 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 1 0 0 1 1 BREMER BANK NATIONAL 10.000000000000 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2021 ISSUER NAME: MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2021 WILLIAM FRAME FORMER OFFICER LOAN AGAINST LIFE INSURANCE POLICY X 194965 541598 0 1 1 541598 X 15 445432 FMV ON DATE OF GIFT 0 0 1 1 PART I, COLUMN (B): COLUMN (B) IS NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: THE UNIVERSITY USES A THIRD PARTY, GIVEMN.ORG, TO PROCESS AND SELL NON-CASH CONTRIBUTIONS DURING GIVE TO THE MAX DAY. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CAN MEET AND VOTE ON RESOLUTIONS AS NEEDED FOR EVENTS OR ACTIVITIES THAT OCCUR BETWEEN BOARD MEETINGS. THE EXECUTIVE COMMITTEE INCLUDES THE CHAIR AND OTHER OFFICERS, PLUS AT LEAST FOUR OTHER MEMBERS ELECTED BY THE BOARD. THE AUDIT COMMITTEE APPROVES THE ANNUAL FINANCIAL AUDIT AND TAX RETURN FILINGS. FORM 990, PART VI, SECTION A, LINE 6 THE VOTING MEMBERS OF THE UNIVERSITY ARE THE GOVERNING MEMBERS. THE GOVERNING MEMBERSHIP CONSISTS OF: (1) EIGHT DELEGATES EACH FROM THE FOLLOWING SYNODS OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA: MINNEAPOLIS AREA SYNOD, SAINT PAUL AREA SYNOD, SOUTHEASTERN MINNESOTA SYNOD, AND NORTHWEST SYNOD OF WISCONSIN; (2) THE BISHOP, OR THE BISHOP'S DESIGNEE, FROM EACH SYNOD; (3) FIVE MEMBERS FROM THE BOARD OF REGENTS, DETERMINED AT THE DISCRETION OF THE BOARD CHAIR; (4) THE PRESIDENT OF AUGSBURG UNIVERSITY (5) SIX MEMBERS FROM THE FACULTY: THE CHAIR OF THE FACULTY SENATE AND THE CHAIRS OF AUGSBURG UNIVERSITY'S SCHOOLS, ONE FOR EACH SCHOOL, AS APPOINTED BY THE PROVOST. (6) TWO MEMBERS OF THE UNIVERSITY ADMINISTRATION DETERMINED IN THE DISCRETION OF THE PRESIDENT; AND (6) TWO CURRENT STUDENTS HOLDING ELECTED SEATS AS MEMBERS OF THE STUDENT GOVERNMENT. MEMBERS FROM EACH CONSTITUENT GROUP SHALL BE SELECTED BY PROCEDURES DETERMINED BY THEIR PARTICULAR BODY UNLESS OTHERWISE SPECIFIED IN THESE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING MEMBERSHIP ELECTS THE MEMBERS OF THE UNIVERSITY'S BOARD OF REGENTS AND THE NOMINATING COMMITTEE. THE GOVERNING MEMBERSHIP ALSO ESTABLISHES AND ELECTS MEMBERS TO SUCH OTHER COMMITTEES IT DEEMS NECESSARY TO CONDUCT ITS BUSINESS. FORM 990, PART VI, SECTION A, LINE 7B THE GOVERNING MEMBERSHIP MUST APPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS OF THE UNIVERSITY, TO MERGE OR CONSOLIDATE WITH ANOTHER CORPORATION, TO DISPOSE OF ALL OR SUBSTANTIALLY ALL THE ASSETS OF THIS UNIVERSITY, OR TO DISSOLVE THE UNIVERSITY. THE GOVERNING MEMBERSHIP RECEIVES REPORTS FROM THE BOARD OF REGENTS AND ADMINISTRATION OF THE UNIVERSITY AND GENERALLY ACQUAINTS ITSELF WITH THE PROGRESS AND NEEDS OF THE UNIVERSITY. ITS OBJECTIVES ARE TO STRENGTHEN THE UNIVERSITY SPIRITUALLY AND ACADEMICALLY, TO PROMOTE THE UNIVERSITY IN APPROPRIATE FORUMS, AND TO PROVIDE WHATEVER OTHER FORMS OF ASSISTANCE IT MAY FIND FEASIBLE AND APPROPRIATE. IT MAY MAKE RECOMMENDATIONS TO THE BOARD OF REGENTS AS IT DEEMS ADVISABLE. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT PUBLIC ACCOUNTING FIRM PREPARES THE FORM 990 BASED ON DATA SUPPLIED BY MANAGEMENT OF THE UNIVERSITY. THE DRAFT OF THE FORM 990 IS REVIEWED BY MANAGEMENT WITH ANY CORRECTIONS AND CHANGES BEING INCORPORATED INTO THE DOCUMENT. THE AUDIT COMMITTEE REVIEWS AND APPROVES THE FILING OF THE 990 AND 990-T. THE FULL TAX RETURN IS POSTED TO THE BOARD MEMBER PORTAL PRIOR TO FILLING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AUGSBURG UNIVERSITY HAS BOTH A CONFLICT OF INTEREST POLICY SPECIFIC TO ITS BOARD OF REGENTS AND EMPLOYEES TO PROTECT AND SAFEGUARD THE INTERESTS OF AUGSBURG UNIVERSITY. EACH YEAR, THE BOARD OF REGENTS ARE REQUIRED TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST IN THEIR SERVICE TO AUGSBURG UNIVERSITY. SUCH FORMS ARE REVIEWED BY THE BOARD CHAIR, OR HIS/HER DESIGNEE, WITH APPROPRIATE ACTION TAKEN. REGENTS ARE REQUIRED TO DISCLOSE ANY CONFLICT PRIOR TO DISCUSSION AT MEETINGS AND TO RECUSE THEMSELVES FROM VOTING, AS RECORDED IN THE MINUTES. AUGSBURG UNIVERSITY ALSO SEEKS TO AVOID CONFLICTS BETWEEN THE PERSONAL INTERESTS OF EMPLOYEES AND THE INTERESTS OF THE UNIVERSITY. IN THE EVENT AN EMPLOYEE OR THEIR FAMILY MEMBER MAY HAVE A FINANCIAL, PERSONAL, OR PROFESSIONAL INTEREST THAT COULD POTENTIALLY CREATE AN ADVERSE CONFLICT OF INTEREST INVOLVING THE UNIVERSITY, THE EMPLOYEE IS REQUIRED TO PROVIDE WRITTEN DISCLOSURE TO THE APPROPRIATE VICE PRESIDENT. THE EMPLOYEE IS THEN REQUIRED TO REFRAIN FROM PARTICIPATING IN THE UNIVERSITY'S CONSIDERATION OR PROCESSING OF THE TRANSACTION TO AVOID ANY INFLUENCE UPON SUCH TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS REVIEWED, AND ADJUSTED IF NECESSARY, ANNUALLY BY THE PRESIDENTIAL REVIEW AND COMPENSATION SUBCOMMITTEE OF THE BOARD OF REGENT'S EXECUTIVE COMMITTEE. IT IS THE COMMITTEE'S PRACTICE TO COMMISSION AN EXTERNAL MARKET ANALYSIS EVERY FEW YEARS. THE LAST EXTERNAL MARKET DATA REPORT WAS COMMISSIONED IN JUNE 2024. THE COMMITTEE CONDUCTS A PERFORMANCE REVIEW OF THE PRESIDENT BASED ON BOARD INPUT AND PREDETERMINED PERFORMANCE GOALS. THE RESULTS ARE COMMUNICATED TO THE PRESIDENT IN THE FALL BY THE BOARD CHAIR. IF A SALARY INCREASE IS APPROVED BY THE BOARD, A PERSONNEL ACTION REQUEST FORM IS SUBMITTED. THE PRESIDENT ANNUALLY REVIEWS THE COMPENSATION FOR ALL MEMBERS OF THE PRESIDENT'S LEADERSHIP TEAM (PLT). SHE/HE DETERMINES THE COMPENSATION FOR HER/HIS DIRECT REPORT BUT LEAVES THE FINAL DECISION TO THE APPROPRIATE VICE PRESIDENT FOR EMPLOYEES THAT DO NOT REPORT DIRECTLY TO HER/HIM. HUMAN RESOURCES PROVIDES SURVEY DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR) AS WELL AS INDUSTRY SPECIFIC COMPENSATION INFORMATION FOR CERTAIN POSITIONS. THE CUPA-HR SALARY INFORMATION IS BASED ON OVER 150 SCHOOLS THAT COMPARE TO AUGSBURG REGARDING ENROLLMENT SIZE, ACADEMIC PROGRAMS, BUDGET SIZE, AS WELL AS OTHER ELCA COLLEGES. HUMAN RESOURCES PROVIDES THIS INFORMATION TO THE PRESIDENT EACH SPRING/SUMMER AND THE REVIEW OCCURS DURING THE NEXT FEW MONTHS. THE PRESIDENT COMMUNICATES THE COMPENSATION INCREASE TO THE PLT MEMBERS AND HUMAN RESOURCES ENSURES A PERSONNEL ACTION REQUEST IS COMPLETED. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ELECTRONIC MUNICIPAL MARKET ACCESS WEBSITE. FORM 990, PART XI, LINE 9: ADJUSTMENT OF ACTUARIAL LIABILITY -13,771. CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -471,436. CHANGE IN VALUE OF SWAP AGREEMENT -68,496. ZEBRA INVESTMENTS SIX LIMITED FIVE SIMPSON STREET WINDHOEK WEST WA FOREIGN CAMPUS WA AUGSBURG UNIVERSITY C 799686 469288 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 ZEBRA INVESTMENTS SIX LIMITED Q 668584 ACTUAL EXPENSES