Concordia University Chicago
- Assets
- $86.5m
- Revenue
- $102.7m
- Investments
- $0.0
- Employees
- 1,382
- Location
- River Forest, IL
- Founding
- 07/1941
- Data as of
- 06/2021
- EIN
- 36-2191242
Organization Overview
Concordia University Chicago is located in River Forest, IL. The organization was established in 1941. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Concordia University Chicago employed 1,382 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Concordia University Chicago is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Concordia University Chicago generated $102.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $98.3m during the year ending 06/2021. While expenses have increased by 3.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LIBERAL ARTS CHRISTIAN UNIVERSITY FOR ALL WHO SEEK TO DEVELOP THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION, GENERAL AND OTHER - OPERATION OF HIGHER EDUCATION AND INSTRUCTION DIVISIONS INCLUDING SUPPORT PROGRAMS DEVOTED TO RELIGIOUS EDUCATION, ENCOURAGEMENT AND UNDERSTANDING FOR BOTH MASTER'S LEVEL AND DOCTORAL GRADUATE STUDENTS, AS WELL AS UNDERGRADUATE STUDENTS. (FALL 2020 TOTAL ENROLLMENT - 6,581)
COLLEGE STUDENT ROOM AND BOARD - CONCORDIA UNIVERSITY CHICAGO, LIKE MOST OTHER COLLEGES/UNIVERSITIES, PROVIDES ROOM AND BOARD TO ITS STUDENTS. DURING THIS REPORTING PERIOD, FEWER STUDENTS LIVED IN THE DORMS DUE TO COVID. APPROXIMATELY 400 STUDENTS LIVED ON CAMPUS, ABOUT 200 STUDENTS BELOW CAPACITY.
CONFERENCES, WORKSHOPS, AND OTHER UNIVERSITY EVENTS - EACH FISCAL YEAR, CONCORDIA UNIVERSITY CHICAGO HOSTS SEVERAL EVENTS WHICH CONTRIBUTE TO THE ACCOMPLISHMENT OF THE UNIVERSITY'S MISSION. EVENTS INCLUDE EDUCATIONAL CONFERENCES, WORKSHOPS, STUDENT LED THEATRE PRODUCTIONS AND ATHLETIC EVENTS. NOT ONLY DO THESE EVENTS ENHANCE OUR STUDENTS' EDUCATIONAL EXPERIENCE, BUT THEY ALSO HELP EDUCATE INDIVIDUALS FROM THE OVERALL COMMUNITY. THE LARGEST SINGLE EVENT THE UNIVERSITY HOSTS EACH FISCAL YEAR IS THE CONCORDIA UNIVERSITY CHICAGO EARLY CHILDHOOD TEACHERS' CONFERENCE. THIS CONFERENCE, HELD IN THE SUMMER, INVITES CURRENT EARLY CHILDHOOD TEACHERS, MANY OF WHOM ARE OUR GRADUATES, TO SHARE AND LEARN ABOUT NEW EARLY CHILDHOOD INSTRUCTIONAL APPROACHES, ETC. MANY EVENTS, INCLUDING THE EARLY CHILDHOOD CONFERENCE, DID NOT OCCUR DURING THIS REPORTING PERIOD DUE TO COVID.
OPERATION OF CHILDCARE, EARLY CHILDHOOD, AND PRIMARY PROGRAMS FOR CHILDREN, ALL OF WHICH INCLUDE A STRONG EDUCATIONAL COMPONENT, AS WE AS A CORE CHRISTIAN VALUE COMPONENT. LAST YEAR, THE EARLY CHILDHOOD CENTER SERVED NEARLY 200 CHILDREN.
EDUCATION, GENERAL AND OTHER - OPERATION OF HIGHER EDUCATION AND INSTRUCTION DIVISIONS INCLUDING SUPPORT PROGRAMS DEVOTED TO RELIGIOUS EDUCATION, ENCOURAGEMENT AND UNDERSTANDING FOR BOTH MASTER'S LEVEL AND DOCTORAL GRADUATE STUDENTS, AS WELL AS UNDERGRADUATE STUDENTS. (FALL 2020 TOTAL ENROLLMENT - 6,581)
COLLEGE STUDENT ROOM AND BOARD - CONCORDIA UNIVERSITY CHICAGO, LIKE MOST OTHER COLLEGES/UNIVERSITIES, PROVIDES ROOM AND BOARD TO ITS STUDENTS. DURING THIS REPORTING PERIOD, FEWER STUDENTS LIVED IN THE DORMS DUE TO COVID. APPROXIMATELY 400 STUDENTS LIVED ON CAMPUS, ABOUT 200 STUDENTS BELOW CAPACITY.
CONFERENCES, WORKSHOPS, AND OTHER UNIVERSITY EVENTS - EACH FISCAL YEAR, CONCORDIA UNIVERSITY CHICAGO HOSTS SEVERAL EVENTS WHICH CONTRIBUTE TO THE ACCOMPLISHMENT OF THE UNIVERSITY'S MISSION. EVENTS INCLUDE EDUCATIONAL CONFERENCES, WORKSHOPS, STUDENT LED THEATRE PRODUCTIONS AND ATHLETIC EVENTS. NOT ONLY DO THESE EVENTS ENHANCE OUR STUDENTS' EDUCATIONAL EXPERIENCE, BUT THEY ALSO HELP EDUCATE INDIVIDUALS FROM THE OVERALL COMMUNITY. THE LARGEST SINGLE EVENT THE UNIVERSITY HOSTS EACH FISCAL YEAR IS THE CONCORDIA UNIVERSITY CHICAGO EARLY CHILDHOOD TEACHERS' CONFERENCE. THIS CONFERENCE, HELD IN THE SUMMER, INVITES CURRENT EARLY CHILDHOOD TEACHERS, MANY OF WHOM ARE OUR GRADUATES, TO SHARE AND LEARN ABOUT NEW EARLY CHILDHOOD INSTRUCTIONAL APPROACHES, ETC. MANY EVENTS, INCLUDING THE EARLY CHILDHOOD CONFERENCE, DID NOT OCCUR DURING THIS REPORTING PERIOD DUE TO COVID.
OPERATION OF CHILDCARE, EARLY CHILDHOOD, AND PRIMARY PROGRAMS FOR CHILDREN, ALL OF WHICH INCLUDE A STRONG EDUCATIONAL COMPONENT, AS WE AS A CORE CHRISTIAN VALUE COMPONENT. LAST YEAR, THE EARLY CHILDHOOD CENTER SERVED NEARLY 200 CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Dawn President | Officer | 48 | $221,202 |
Tom Hallett CFO (end 12/31/20) | Officer | 48 | $208,202 |
Claudia Santin Dean | 50 | $203,573 | |
Evelyn Burdick Sr. Vice Provost | 50 | $201,463 | |
Jeffrey Hynes Vice President | Officer | 45 | $186,780 |
Theresa Miyashita Professor | 50 | $184,950 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Emerge Education Llc Student Services & Recruitment | 6/29/21 | $2,037,539 |
Sodexo Corporation Student Dining Services | 6/29/21 | $2,470,374 |
Educators Advancement Group Student Services & Recruitment | 6/29/21 | $4,158,697 |
Hotchalk Inc Student Services & Recruitment | 6/29/21 | $780,340 |
Hotchalk Inc Student Services & Recruitment | 6/29/21 | $780,340 |
Educators Advancement Group Student Services & Recruitment | 6/29/21 | $4,158,697 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $957,347 |
| Government grants | $9,191,778 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,154,235 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,303,360 |
| Total Program Service Revenue | $90,583,211 |
| Investment income | $18,586 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$149,560 |
| Net Gain/Loss on Asset Sales | -$20,350 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $102,736,797 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $24,090,617 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,020,113 |
| Compensation of current officers, directors, key employees. | $363,749 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,265,480 |
| Pension plan accruals and contributions | $1,783,907 |
| Other employee benefits | $5,004,488 |
| Payroll taxes | $2,138,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $289,457 |
| Fees for services: Accounting | $89,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,253,941 |
| Advertising and promotion | $13,526,412 |
| Office expenses | $442,113 |
| Information technology | $1,777,710 |
| Royalties | $0 |
| Occupancy | $1,732,630 |
| Travel | $186,750 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,078,138 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,819,185 |
| Insurance | $843,010 |
| All other expenses | $1,546,770 |
| Total functional expenses | $98,345,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,727,074 |
| Pledges and grants receivable | $505,917 |
| Accounts receivable, net | $8,889,760 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $152,493 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,065,011 |
| Net Land, buildings, and equipment | $61,688,509 |
| Investments—publicly traded securities | $8 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,513,924 |
| Total assets | $86,542,696 |
| Accounts payable and accrued expenses | $14,041,681 |
| Grants payable | $0 |
| Deferred revenue | $8,314,768 |
| Tax-exempt bond liabilities | $11,705,096 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $32,067,683 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $197,074 |
| Total liabilities | $66,326,302 |
| Net assets without donor restrictions | $14,304,011 |
| Net assets with donor restrictions | $5,912,383 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $86,542,696 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Concordia University Chicago has recieved totaling $4,890.
| Awarding Organization | Amount |
|---|---|
Richard G Wood Forreston High School Scholarship Fund Rockford, IL PURPOSE: SCHOLARSHIP DISTRIBUTION | $4,890 |
Endowment Analysis
| Beg. Balance | $23,228,631 |
| Earnings | $7,639,557 |
| Net Contributions | $669,794 |
| Other Expense | $266,551 |
| Grants | $690,797 |
| Ending Balance | $30,580,634 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Depaul University Chicago, IL | $1,757,707,866 | $903,291,560 |
Loyola University Of Chicago Chicago, IL | $2,523,912,579 | $813,555,821 |
Marquette University Milwaukee, WI | $1,675,810,000 | $679,500,550 |
Illinois Institute Of Technology Chicago, IL | $730,458,628 | $396,565,185 |
Butler University Indianapolis, IN | $771,199,903 | $355,703,084 |
Drake University Des Moines, IA | $538,166,489 | $252,974,293 |
Bradley University Peoria, IL | $712,945,458 | $238,646,085 |
The Lutheran University Association Inc Valparaiso, IN | $578,078,702 | $192,641,554 |
University Of Indianapolis Indianapolis, IN | $306,225,107 | $207,052,087 |
Webster University St Louis, MO | $393,134,797 | $161,315,329 |
Maryville University Of St Louis St Louis, MO | $289,038,391 | $183,271,161 |
Roosevelt University Chicago, IL | $461,911,353 | $160,424,797 |