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Concordia University Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 390833608 ✦ Mequon, WI ✦ Designated as a 501(c)(3)

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Overview

What is Concordia University Inc?

Concordia University Inc, located at 12800 N Lake Shore Drive, Mequon, WI 53097, is a prominent higher education institution with a Lutheran background. The university, which employs a workforce of 2903 individuals, offers undergraduate and graduate programs to 4799 and 3360 students respectively. In the 2021-2022 academic year, 1781 students graduated with various degrees. Concordia University Inc's mission is to foster students' intellectual, physical, and spiritual growth to prepare them for service in the church and the world. It boasts a diverse range of 95 bachelor majors, 82 minors, 49 master's programs, and six doctoral programs.


Official website here: www.cuw.edu

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Concordia University Inc has achieved a high level of accountability and finance, evidenced by its Four-Star rating from Charity Navigator. The organization scored exceptionally well in various categories, such as having an independent board and maintaining clear financial oversight, which reflects strong governance and management practices. Their fiscal responsibility is highlighted by an impressive program expense ratio of 84.91%, indicating a significant portion of their expenditures directly supports their mission.

The majority of the board members are independent, which fosters objectivity and reduces potential conflicts of interest. Additionally, the university has implemented comprehensive policies, including whistleblower protections and conflict of interest guidelines, which further enhance their transparency and ethical practices. The absence of any material diversion of assets indicates sound financial stewardship.

While the data provided showcases many strengths, it is essential for potential donors and stakeholders to continue monitoring Concordia University Inc's performance to ensure ongoing adherence to best practices in nonprofit management. Overall, the organization demonstrates a commitment to accountability and effective resource allocation, positioning itself as a trustworthy entity in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Concordia University Inc legitimate?

Concordia University Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concordia University Inc 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: $1,472,587
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,090,065

For more financial information, click here


Official website here: www.cuw.edu

What is the mission statement of Concordia University Inc?

Concordia University Inc is a higher education community that prioritizes the holistic development of its students, focusing on their intellectual, physical, and spiritual growth. Committed to Lutheran values, the institution aspires to prepare students for service to Christ in both the church and the world. With a student body of over 8000, including undergraduates, graduates, and those who graduated in the recent academic year, Concordia University offers a diverse range of educational opportunities. This includes 95 bachelor majors, 82 minors, 49 masters programs, and six doctoral programs, catering to the varied academic interests of its students.


Official website here: www.cuw.edu

Who is the CEO of Concordia University Inc?

Roy Peterson is the Interim President of Concordia University Inc.


Official website here: www.cuw.edu

What is the revenue of Concordia University Inc?

Concordia University Inc's revenue in 2022 was $176,566,325.


Official website here: www.cuw.edu

Who are the executives of Concordia University Inc and what are their salaries?

The average compensation at Concordia University Inc during 2022 was $19,829. There are 2903 employees and 219 volunteers at Concordia University Inc.


Here are 34 key members and their salaries:


William Cario (Interim President)
  • Compensation: $108,999
  • Related: $0
  • Other: $193,450
Allen Prochnow (Vp & Coo)
  • Compensation: $237,633
  • Related: $0
  • Other: $60,998
Dr Erik Jorvig (Dean, School Of Pharmacy)
  • Compensation: $209,889
  • Related: $0
  • Other: $52,646
Dr Michael Brown (Pharmacy Professor)
  • Compensation: $166,901
  • Related: $0
  • Other: $55,118
Dr Daniel Sem (Dean, School Of Business)
  • Compensation: $161,041
  • Related: $0
  • Other: $55,772
Dr Roy Peterson (Vp Advancement / Cfo)
  • Compensation: $161,555
  • Related: $0
  • Other: $55,655
Dr Ernie Stremski (Pharmacy Professor)
  • Compensation: $166,956
  • Related: $0
  • Other: $48,565
Thomas Phillip (Vice President)
  • Compensation: $147,237
  • Related: $0
  • Other: $58,487
Dr Steven Montreal (Dean, Arts & Sciences)
  • Compensation: $135,843
  • Related: $0
  • Other: $45,521
Richard Laabs (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harriet Pedersen (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne Jobst (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Buss (Board Member-Advisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev John Wille (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Denkert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Donovan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Robertson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Robertson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Koch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Specht (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dwayne Lueck (Lcms Advisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev David Maier (Lcms Advisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Timothy Jest (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Korom (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Berg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Davidson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fleming (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Riske Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr Daniel Berge (Lcms Advisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr Jamison Hardy (Lcms Advisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr Kevin Wilson (Lcms Advisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Polzin (Advisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Michael Henrichs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Gary Petersen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cuw.edu

Where can I find the form 990 for Concordia University Inc?

Concordia University Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cuw.edu

Learn more at the official website: www.cuw.edu

Mission Statement of Concordia University Inc

Concordia University Inc, a higher education community rooted in Lutheran values, is dedicated to helping students grow intellectually, physically, and spiritually. The institution is committed to nurturing students for service to Christ in the church and the world. With a student body of over 8,000, spread across undergraduate and graduate classes, Concordia University offers a diverse range of academic programs. These include 95 bachelor majors and 82 minors, 49 masters programs, and six doctoral programs, catering to the various interests and career goals of its students. In the 2021-2022 academic year alone, 1,781 students successfully graduated from the university, marking significant achievements in their educational journeys. Concordia University's mission extends beyond academic excellence, as it aims to foster a well-rounded learning experience that nurtures the whole person.

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Impact




October, 2024

Concordia University Inc plays a significant role in shaping individuals for future service, focusing on holistic development in mind, body, and spirit. With a strong commitment to Lutheran education, the university supports approximately 4,799 undergraduate and 3,360 graduate students, fostering a vibrant academic community.

In the 2021-2022 academic year alone, 1,781 students graduated, highlighting the institution’s dedication to student success and continuous development. Offering a diverse array of academic programs, including 95 bachelor's majors, 82 minors, 49 master's programs, and six doctoral programs, Concordia provides students with extensive opportunities to pursue their interests and professional aspirations.

Located in Mequon, Wisconsin, Concordia University Inc not only emphasizes academic excellence but also encourages students to grow spiritually and physically, preparing them for meaningful service in the church and broader society. Through its mission, the university nurtures well-rounded individuals who are equipped to make a positive impact in their communities.




This information is meant to be a general summary of Concordia University Inc. 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.

Revenue
$176,566,325 (2022)
Expenses
$174,880,016 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,731,519
  • Program Service Revenue: $156,966,204
  • Gross Receipts: $176,566,325

Assets and Liabilities:

  • Total Assets: $177,844,047
  • Total Liabilities: $41,833,654
  • Net Assets: $136,010,393

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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

$137,089,964

RESIDENCE HALL CHARGES

Revenue

$14,321,777

FOOD SERVICE CHARGES

Revenue

$5,060,612

OTHER AUXILIARY AND LOCAL SUPPORT

Revenue

$493,851

Organization Details

Founding Year

1881

Principal Officer

Roy Peterson

Main Address

12800 N LAKE SHORE DRIVE, MEQUON, WI, 53097

NTEE Category

Code: B420 - Education

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