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Filing year 2023

CONCORDIA UNIVERSITY

River Forest, Illinois·EIN 36-2191242·NTEE B430 · Education·501(c)(3)
Total revenue
$85.2M
Total assets
$79.6M
Total expenses
$85.1M
Reported officers
29
Mission

FOUNDED IN 1864, CONCORDIA UNIVERSITY CHICAGO IS A LIBERAL ARTS-BASED CHRISTIAN UNIVERSITY LOCATED IN RIVER FOREST, ILLINOIS. ROOTED IN ITS CHRISTIAN HERITAGE OF ENGAGING KNOWLEDGE AND FAITH, THE UNIVERSITY ASPIRES TO BE THE DESTINATION UNIVERSITY FOR ALL WHO SEEK TO DEVELOP THEIR FULL INDIVIDUAL POTENTIAL THROUGH A DISTINCTIVE, INNOVATIVE AND DYNAMIC ENVIRONMENT OF EXPLORATION, CREATIVITY AND DISCOVERY FOR LEADING LIVES OF SERVANT-MINDED LEADERSHIP. MORE THAN 6,000 FULLTIME STUDENTS ARE ENROLLED IN MORE THAN 100 UNDERGRADUATE, MASTER'S AND DOCTORAL PROGRAMS. CONCORDIA-CHICAGO ENSURES THAT 100 PERCENT OF UNDERGRADUATE STUDENTS RECEIVE SOME FORM OF FINANCIAL AID AND ACTIVELY DEVELOPS ADDITIONAL NEED-BASED SCHOLARSHIP SUPPORT FOR LOCAL STUDENTS. IT ALSO MANAGES OUTREACH TO HISTORICALLY UNDERREPRESENTED STUDENT POPULATIONS, WORKING SPECIFICALLY WITH ELEMENTARY AND MIDDLE SCHOOL STUDENTS AND FAMILIES TO ENSURE THEY ARE PREPARED TO ENTER COLLEGE IN THE FUTURE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.

President
75th to 90th percentile
$318k
$352k
Base
$262k
Bonus
Other
Benefits
$27k
Vice President
Board Vice President
Median to 75th percentile
$232k
$256k
Base
$188k
Bonus
Other
Benefits
$27k
CFO
75th to 90th percentile
$225k
$250k
Base
$211k
Bonus
Other
Benefits
$10k
Professor
Highest Compensated Employee
Median to 75th percentile
$207k
$229k
Base
$197k
Bonus
Other
Benefits
$1k
Vice President
Board Vice President
Median to 75th percentile
$203k
$225k
Base
$167k
Bonus
Other
Benefits
$20k
VP Academics
Board Vice President
Median to 75th percentile
$201k
$223k
Base
$178k
Bonus
Other
Benefits
$17k
AVP for Development
Highest Compensated Employee
Median to 75th percentile
$185k
$205k
Base
$155k
Bonus
Other
Benefits
$26k
Vice President
Board Vice President
25th percentile to median
$182k
$202k
Base
$159k
Bonus
Other
Benefits
$9k
Dean
Highest Compensated Employee
Median to 75th percentile
$175k
$193k
Base
$148k
Bonus
Other
Benefits
$25k
Professor
Highest Compensated Employee
Median to 75th percentile
$168k
$186k
Base
$158k
Bonus
Other
Benefits
$986
Professor
Highest Compensated Employee
Median to 75th percentile
$164k
$182k
Base
$150k
Bonus
Other
Benefits
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CONCORDIA UNIVERSITY equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.4%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 12%
from 2022

From $283k in 2022 to $318k in 2023.

$283k
2022
$318k
2023
In today's dollarsEst.
Up 9% in real terms$324k to $352k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 12% from 2022 to 2023, while revenue fell 10%.

$283k in 2022 to $318k in 2023.
  • Board Vice President pay rose 4% from 2022 to 2023.
  • Chief Financial Officer pay rose 38% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CONCORDIA UNIVERSITY

What does the Chief Executive Officer of CONCORDIA UNIVERSITY earn?

In 2023, the Chief Executive Officer of CONCORDIA UNIVERSITY received $317,668 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CONCORDIA UNIVERSITY compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at CONCORDIA UNIVERSITY falls between the 75th and 90th percentiles. In 2023, the highest total compensation at CONCORDIA UNIVERSITY equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

What are CONCORDIA UNIVERSITY's revenue and expenses?

In 2023, CONCORDIA UNIVERSITY reported $85.2M in total revenue and $85.1M in total expenses on its IRS Form 990.

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