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Concordia University

Mequon, WI · EIN 39-0833608 · 501(c)(3) · Church
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Concordia University reported $166.3 million in revenue and $158.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.12 went to program services, $10.12 to management and general costs and $1.76 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.8% of the total. The highest compensation it reported for one person was $342,022 (PRESIDENT). 9 people received more than $100,000 in reportable compensation. Revenue rose 4% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $159M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $166M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
88.1%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
10.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.8%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.32$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
5.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.3%1.1%
Program service revenue share
Part VIII 2g ÷ 12
93.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$342,022$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.22%1.28%
People paid over $100,000
Part VII, line 2
98
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.013.3
Independent voting board members
Part VI 1a–1b
17 of 17100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$95M expenses · 68.1% of program spending · revenue $156M

3,873 students in undergraduate classes, 3,871 in graduate classes, 1567 graduates in the 2024-25 school year. The university has 95 bachelor majors and 80 minors, 48 masters programs, and six doctoral programs

$45M expenses · 31.9% of program spending · grants $45M

Student financial aid programs: financial aid to students including scholarships, remitted tuition, and stipends for both undergraduate and graduate students

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 40.00 hrs/week
$93,814$0$248,208$342,022
FACULTY COMP SCI
Highest compensated employee, 40.00 hrs/week
$295,432$0$23,668$319,100
DEAN SOP
Highest compensated employee, 40.00 hrs/week
$247,075$0$56,010$303,085
VP FINANCE /CFO
Officer, 40.00 hrs/week
$158,200$0$82,163$240,363
DEAN BSB/HSB
Highest compensated employee, 40.00 hrs/week
$183,772$0$48,234$232,006
AVP ACADEMICS
Highest compensated employee, 40.00 hrs/week
$183,452$0$40,542$223,994
FACULTY PA/MD
Highest compensated employee, 40.00 hrs/week
$177,324$0$40,971$218,295
EVP AND VP INNOVATION
Officer, 40.00 hrs/week
$85,535$0$120,063$205,598

9 people received more than $100,000 in reportable compensation from Concordia University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $763K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$166M$159M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$166M$159M88.1%$158M$342,022
FY2024 ⓘ$174M$173M89.6%$144M$337,311
FY2023 ⓘ$166M$171M88.2%$131M$291,687
FY2022 ⓘ$177M$175M83.2%$136M$302,449
FY2021 ⓘ$169M$171M83.4%$120M$415,255
FY2020 ⓘ$159M$166M83.6%$122M$277,683

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b17 · 17 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 52,768
  • Volunteers Part I, line 6162

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CATCON LLC
Construction
$1,884,022
BSN SPORTS LLC
Athletic apparel
$487,254
EXPEDIENT
Cloud networking
$321,010
MIDWEST FIBER NETWORK
Cabling installation
$276,778
STUDIO LUX
Audio visual services
$210,223

Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.

Private foundation grants it received

22 private foundations reported grants to Concordia University totaling $510K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Concordia University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Concordia University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Wisconsin

Questions people ask

How much of Concordia University's spending goes to programs?

In the fiscal year ending June 30, 2025, Concordia University reported that 88.1% of its $158.6 million in expenses went to program services, 10.1% to management and general and 1.8% to fundraising (Form 990, Part IX).

How much does Concordia University pay its top executive?

The largest total compensation Concordia University reported for one person in the fiscal year ending June 30, 2025 was $342,022, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Concordia University get its money?

Of $166.3 million in revenue in the fiscal year ending June 30, 2025, 5.2% came from contributions and grants (including 1.3% from government grants) and 93.8% from program service revenue (Form 990, Part VIII).

Is Concordia University a registered charity?

The IRS lists EIN 39-0833608 as a 501(c)(3) organization (church), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611359349304676 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349311655 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349312375 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349307122 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240749349301594 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111189349300141 · read the filing

All filings for EIN 39-0833608: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.