CONCORDIA UNIVERSITY IRVINE

EIN: 952798775 501(c)(3) Education

IRVINE, CA

Total Revenue
$109,637,816
Total Expenses
$115,100,824
Total Assets
$269,302,868
Net Assets
$165,993,886
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
CA
Principal Officer
DR MICHAEL A THOMAS
Phone
9492143123
Tax Period
2022-07-01 to 2023-06-30

CONCORDIA UNIVERSITY IRVINE, founded in 1972, is a major nonprofit in the Education sector that reported $109.6M in total revenue in fiscal year 2022.

Mission

CONCORDIA UNIVERSITY IRVINE, GUIDED BY THE GREAT COMMISSION OF CHRIST JESUS AND THE LUTHERAN CONFESSIONS, EMPOWERS STUDENTS THROUGH THE LIBERAL ARTS AND PROFESSIONAL STUDIES FOR LIVES OF LEARNING, SERVICE, AND LEADERSHIP.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $7,178,148
Program Service Revenue $97,830,687
Investment Income $2,011,705
Other Revenue $2,617,276
TOTAL REVENUE $109,637,816

Expense Breakdown

Grants Paid $30,224,116
Salaries & Benefits $44,935,997
Fundraising Expenses $0
Program Expenses $92,724,640
Other Expenses $39,940,711
TOTAL EXPENSES $115,100,824

Year-over-Year Comparison

2022 2021 Change
Revenue $109,637,816 $113,099,257 0.0%
Expenses $115,100,824 $105,049,117 +0.1%
Net Income $-5,463,008 $8,050,140 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
20
Independent Members
20
Employees
1561
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
14
$1,753,267
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MR RYAN P ERMELING BOARD MEMBER - CHAIR 1.00
Officer Director
$0 $0 $0
RONALD R LEVESQUE BOARD MEMBER - CHAIR (TERMED) 1.00
Officer Director
$0 $0 $0
DR DAVE J HEMKER BOARD MEMBER - VICE CHAIR 1.00
Officer Director
$0 $0 $0
REVERND JAMES D HENKELL BOARD MEMBER - VICE CHAIR (TERMED) 1.00
Officer Director
$0 $0 $0
DR STEVEN J BUUCK BOARD MEMBER - SECRETARY (TERMED) 1.00
Officer Director
$0 $0 $0
MR ANTHONY HARNACK BOARD MEMBER - SECRETARY 1.00
Officer Director
$0 $0 $0
DR JEFFREY BEAVERS BOARD MEMBER 1.00
Director
$0 $0 $0
DR MARY SCOTT BOARD MEMBER 1.00
Director
$0 $0 $0
DR NEIL COWEN BOARD MEMBER 1.00
Director
$0 $0 $0
MR CRAIG W OLSON BOARD MEMBER 1.00
Director
$0 $0 $0
MR H E DURBIN II BOARD OF TRUSTEE - ADVISORY 1.00
Director
$0 $0 $0
MR MATTHEW FLANDERMEYER BOARD MEMBER 1.00
Director
$0 $0 $0
MR MICHAEL MCTHROW BOARD MEMBER 1.00
Director
$0 $0 $0
MRS LAURA G HEMMINGER BOARD MEMBER 1.00
Director
$0 $0 $0
MRS RACHEL KLITZING BOARD MEMBER - ADVISORY 1.00
Director
$0 $0 $0
MRS XAVRIA SCHWARZ BOARD MEMBER 1.00
Director
$0 $0 $0
MS CINDY STEINBECK BOARD MEMBER (TERMED) 1.00
Director
$0 $0 $0
MS PAULA MEYER CLELAND BOARD MEMBER 1.00
Director
$0 $0 $0
PETER K S LEE BOARD MEMBER (TERMED) 1.00
Director
$0 $0 $0
REV DR MICHAEL E GIBSON BOARD MEMBER 1.00
Director
$0 $0 $0
REV GLENN LUCAS BOARD MEMBER 1.00
Director
$0 $0 $0
REV JAMES MAXWELL BOARD MEMBER - ADVISORY 1.00
Director
$0 $0 $0
REV MICHAEL R LANGE BOARD MEMBER - ADVISORY 1.00
Director
$0 $0 $0
REV REOGER E SCHLECHTE BOARD MEMBER - ADVISORY (TERMED) 1.00
Director
$0 $0 $0
REV SCOTT C KLEMSZ BOARD MEMBER 1.00
Director
$0 $0 $0
REVJASON BREDESON BOARD MEMBER 1.00
Director
$0 $0 $0
DR MICHAEL A THOMAS PRESIDENT 40.00
Officer
$273,820 $130,026 $403,846
RONALD VAN BLARCOM ASSOCIATE VP & GENERAL COUNSEL 40.00
Officer
$192,092 $35,452 $227,544
TIMOTHY JAEGER EXEC. VP FOR UNIVERSITY ADVANCEMENT 4.00
Officer
$0 $28,648 $217,399
PETER SENKBEIL SPECIAL ASSISTANT TO THE PRESIDENT 40.00
Officer
$168,654 $38,634 $207,288
SCOTT ASHMON SENIOR VICE PRESIDENT & PROVOST 40.00
Officer
$176,630 $26,149 $202,779
TIMOTHY ODLE VP UNIVERSITY OPERATIONS AND ATHLETICS 40.00
Officer
$159,409 $37,361 $196,770
STEVEN MUELLER CHIEF MISSION OFFICER 40.00
Officer
$159,291 $30,611 $189,902
STEVEN STRAUCH EXEC VP & CFO 40.00
Officer
$97,574 $10,165 $107,739
DAMIAN WYMAN EXECUTIVE DIRECTOR, GLOBAL PARTNERSHIPS 40.00
Highest
$176,573 $30,025 $206,598
JOHN KENNEY CHEMISTRY FACULTY 40.00
Highest
$153,747 $34,304 $188,051
CHERYL SMYTHE-PADGHAM ASST. DEAN/DIRECTOR OF NURSING 40.00
Highest
$146,309 $35,748 $182,057
KEN AMMANN MENS BASKETBALL HEAD COACH 40.00
Highest
$144,750 $35,288 $180,038
MEGAN CHRISTENSEN VP FOR STUDENT AFFAIRS, DEAN OF STUDENTS 40.00
Highest
$146,398 $24,135 $170,533
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $109,637,816 $115,100,824 $269,302,868 $-5,463,008
2022 $113,099,257 $105,049,117 $219,619,567 $8,050,140
2021 $134,293,913 $97,527,276 $216,619,359 $36,766,637
2020 $103,671,515 $99,343,783 $175,634,097 $4,327,732
2019 $103,586,791 $98,357,759 $168,530,409 $5,229,032
2018 $102,808,962 $94,907,859 $155,838,160 $7,901,103
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