Texas Lutheran University

“Texas lutheran university corporation - texas lutheran university is a university of the evangelical lutheran church of america (elca). It is a non-profit corporation of the state of texas. The northern texas-northern louisiana, southwestern texas, and texas-louisiana gulf coast synods of the elca each elect nine members of the corporation. The board of regents also elects nine members of the corporation, and the bishops of the three synods are ex officio members. The corporation, which meets annually on campus, elects the members of the board of regents and has the authority to amend the university's articles of incorporation and bylaws.”

“The vp for finance reviews the form 990 and emails an electronic copy of the return to the board of regents for their review. The board is given one week to provide comments. At the end of the comment period any requested changes are made and the return is filed.”

“Each year, board members sign a conflict of interest statement. We have such statements signed by every member of the board. If there is a conflict of interest, the board is made aware of this and the board member involved does not speak or vote on those related issues.”

“The process for determining compensation for the organization's ceo, executive director, and top management official include a review and approval by the board of regents. The compensation committee reviews the president's compensation and makes a recommendation to the board of regents. Compensation for other individuals are set at the president's discretion.”

“Three years of form 990 is available on www.tlu.edu website. Form 990-t is available upon request.”

“The organization's governing documents and conflicts of interest policy are available to the public upon request; the three most recent financial statements are available to the public through the organization's website.”

“The university added the following programs: edd (spring 2023), master of business administration (spring 2023).”

“In pursuit of a more just world, tlu is committed to academic excellence, servant leadership, and career development. The mission is built on the core values of education, community, and faith, each linked directly to how we serve our students. Education: service to our students, we are committed to offering access and opportunity to pursue intellectual growth in an environment that fosters open dialogue and the freedom to share and discover diverse thoughts and ideas. Community: in service to our students, we are committed to providing a supportive and inclusive environment that emphasizes the respect of all its members. Through our leadership and service, we seek to support justice and promote the common good. Faith: in service to our students, we are committed to operating at the intersection of faith and learning which invites exploration and discovery through spiritual and educational growth creating bold leaders who pursue lives of purpose and meaning.”

“Changes in split-interest agreement -736,740.”

“The financial statements were audited by an independent accountant. The organization does have a committee that is responsible under its governing documents for overseeing the audit of the financial statements and the selection of an independent accountant. This process has not changed from the prior year.”