Overview
What is Concordia University?
Concordia University, located in River Forest, Illinois, is a Christian higher education institution with over 1300 employees. Established in 1864, this liberal arts university aspires to help students reach their full potential through innovative, dynamic, and exploratory programs. With a fall 2021 enrollment of over 6,000 students, Concordia University Chicago offers undergraduate, master's, and doctoral degrees. The university prioritizes accessibility, with 100% of undergraduate students receiving financial aid and additional support for local students. Concordia-Chicago also focuses on outreach to historically underrepresented populations, providing resources to help prepare students for college. The university's mission is rooted in its Christian heritage and commitment to engaging knowledge and faith.
Official website here: www.cuchicago.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.
Concordia University has achieved an overall score of 87% based solely on its accountability and finance practices, reflecting a strong commitment to transparency and responsible management of resources. The organization boasts a fully independent board with robust structures in place for financial oversight, including an audit and oversight committee that scored the maximum points possible.
Strengths of the organization include its high program expense ratio of nearly 88%, indicating a significant portion of funds are directed towards its educational programs. Additionally, it has implemented key policies such as conflict of interest and whistleblower protections, contributing to its accountability rating. However, the university's liabilities to assets ratio of 67.20% may indicate a level of financial risk that stakeholders should examine further.
This AI summary has been generated from information found on Charity Navigator.
Is Concordia University legitimate?
Concordia University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concordia University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $860,918
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,706,182
For more financial information, click here
Official website here: www.cuchicago.edu
What is the mission statement of Concordia University?
Concordia University is a liberal arts-based Christian institution dedicated to helping students reach their full potential. Founded in 1864, this university aspires to be the destination for individuals seeking personal growth in an environment that fosters exploration, creativity, and discovery. With over 6,000 students enrolled in undergraduate, master's, and doctoral programs, Concordia University provides financial aid to all undergraduates and actively works to support local students in need. The institution also engages historically underrepresented student populations, particularly elementary and middle school students, to prepare them for college in the future. Rooted in its Christian heritage, Concordia University aims to develop servant-minded leaders.
Official website here: www.cuchicago.edu
Who is the CEO of Concordia University?
Randall Barfield is the Vice Chair Board of Concordia University.
Official website here: www.cuchicago.edu
What is the revenue of Concordia University?
Concordia University's revenue in 2022 was $92,189,498.
Official website here: www.cuchicago.edu
Who are the executives of Concordia University and what are their salaries?
The average compensation at Concordia University during 2022 was $22,661. There are 1393 employees and 1250 volunteers at Concordia University.
Here are 27 key members and their salaries:
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- Compensation: $189,781
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- Compensation: $147,768
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- Other: $25,717
- Compensation: $138,321
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- Other: $27,906
Official website here: www.cuchicago.edu
Where can I find the form 990 for Concordia University?
Concordia University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cuchicago.edu
Learn more at the official website: www.cuchicago.edu
Mission Statement of Concordia University
Concordia University, founded in 1864, is a liberal arts-based Christian institution dedicated to helping students of all backgrounds reach their full potential. Rooted in its faith-based heritage, Concordia University aspires to be a premier destination for individuals seeking a dynamic environment for exploration, creativity, and discovery. With over 6,000 full-time students enrolled in undergraduate, master's, and doctoral programs, the university offers a distinctive, innovative learning experience that fosters servant-minded leadership.
Concordia University's Christian heritage plays a significant role in its mission. The institution engages knowledge and faith, aiming to develop students' individual potential to the fullest. The university's commitment to accessibility is evident as it ensures that 100 percent of undergraduate students receive some form of financial aid and proactively creates additional need-based scholarship support for local students. Furthermore, Concordia University is dedicated to outreach efforts, specifically targeting historically underrepresented student populations. Through collaborations with elementary and middle schools, the university works to prepare students and families for the college application process in the future.
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Impact
October, 2024
Concordia University significantly impacts its community and beyond as a liberal arts Christian institution dedicated to fostering individual potential. Established in 1864 and located in River Forest, Illinois, the university offers a rich academic environment where over 6,000 students engage in more than 100 undergraduate, master’s, and doctoral programs.
With a mission rooted in Christian heritage, Concordia promotes an innovative atmosphere that encourages exploration, creativity, and discovery, preparing students for lives of servant-minded leadership. The university ensures accessibility to higher education by providing financial aid to 100 percent of its undergraduate students and actively developing need-based scholarship support for local residents.
Through targeted outreach programs, Concordia actively works with historically underrepresented populations, engaging elementary and middle school students and their families to prepare them for future college opportunities. This commitment to education and community support underscores Concordia's role as a transformative force in the lives of its students and the broader community.
This information is meant to be a general summary of Concordia University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$982,953
- Program Service Revenue: $86,467,499
- Gross Receipts: $95,012,293
Assets and Liabilities:
- Total Assets: $75,696,863
- Total Liabilities: $55,230,993
- Net Assets: $20,465,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$77,251,311
ROOM & BOARD
Revenue
$5,366,724
EARLY CHILDHOOD CENTER
Revenue
$2,597,784
CONFERENCES AND OTHER CAMPUS EVEN
Revenue
$1,251,680
Organization Details
Founding Year
1864
Phone
(708) 771-8300Principal Officer
Randall Barfield
Main Address
7400 AUGUSTA STREET, RIVER FOREST, IL, 603051499
Website
www.cuchicago.eduNTEE Category
Code: B430 - Education
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