2024-08-01T11:49:14-05:00 2023-08-31 741699466 FITTS ROBERTS KOLKHORST & CO PC 5718 WESTHEIMER STE 1900 HOUSTON TX 77057 990 2022-09-01 760196908 TEXAS CHIROPRACTIC COLLEGE TEXA 2814871170 5912 SPENCER HIGHWAY PASADENA TX 77505 DR SANDRA HUGHES PRESIDENT 2819986009 2024-07-31 1 0 ROGER L DUNCAN CPA P01087367 7132605230 2024-07-31 2022 2024-08-08 14:25:15Z DR SANDRA HUGHES 5912 SPENCER HIGHWAY PASADENA TX 77505 13142132 0 X WWW.TXCHIRO.EDU X 1955 TX TEXAS CHIROPRACTIC COLLEGE (TCC) PROMOTES EXCELLENCE IN THE EDUCATION OF PRACTICE-READY DOCTORS OF CHIROPRACTIC WHO ARE FOCUSED ON EVIDENCE-INFORMED, PATIENT-CENTERED CARE; SEEK NEW KNOWLEDGE THROUGH SCHOLARSHIP AND RESEARCH; AND ENGAGE OUR COMMUNITIES THROUGH ONGOING SERVICE. 19 19 159 0 0 0 286671 188150 9345936 9867940 199636 1417531 28197 44614 9860440 11518235 346095 368532 0 0 5402328 5811362 0 0 17460 3806801 4635701 9555224 10815595 305216 702640 18973956 19622398 3685659 3458396 15288297 16164002 X TEXAS CHIROPRACTIC COLLEGE (TCC) PROVIDES QUALIFIED STUDENTS A PATIENT-CENTERED EDUCATIONAL PROGRAM LEADING TO THE DOCTOR OF CHIROPRACTIC DEGREE. THE CURRICULUM PROMOTES THE DEVELOPMENT OF THE STUDENT'S ATTITUDES, KNOWLEDGE, AND SKILLS REQUIRED OF A CHIROPRACTOR SERVING THE PUBLIC AS A PRIMARY CARE PHYSICIAN. OPERATING WITHIN THE HIGHEST LEVELS OF PROFESSIONALISM, THE COLLEGE IS ALSO COMMITTED TO SERVING THE NEEDS OF THE STUDENTS, THE PROFESSION AND THE PUBLIC THROUGH LEADERSHIP, SCHOLARSHIP, RESEARCH, PATIENT CARE AND SERVICE ACTIVITIES IN THE FIELD OF CHIROPRACTIC. 0 0 9581386 368532 9919600 PROVIDED POST SECONDARY EDUCATION FOR APPROXIMATELY 298 STUDENTS FOR ENTRY INTO THE CHIROPRACTIC PROFESSION. 9581386 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 159 1 0 0 0 0 0 0 0 0 0 0 X 19 19 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X DR SANDRA HUGHES 2814871170 5912 SPENCER HIGHWAY PASADENA TX 77505 PAUL RAYMOND DC REGENT/SECRETARY 1.00 X X 0 0 0 MONTE BLUE EDD REGENT 1.00 X 0 0 0 CHERYL DAWN SCHWAB DC REGENT/CHAIRMAN 1.00 X X 0 0 0 CONNIE ELLIOT REGENT 1.00 X 0 0 0 BRIAN J ANDERSON DC REGENT 1.00 X 0 0 0 QUENTIN M BRISCO DC REGENT 1.00 X 0 0 0 JOSHUA B ELLIOTT DC REGENT/ASSISTANT TREASURER 1.00 X X 0 0 0 JOSE SIMON DC REGENT/AT LARGE 1.00 X X 0 0 0 BRYAN C HASSE FNP-C RN DC DACBN REGENT 1.00 X 0 0 0 LAWSON E HOWARD JR DC REGENT 1.00 X 0 0 0 CHASEN BH HUTCHENS JD REGENT 1.00 X 0 0 0 VAN A WIGGINTON JD REGENT/VICE CHAIRMAN 1.00 X X 0 0 0 ROBERT K LAMBETH DC REGENT 1.00 X 0 0 0 EDWARD R WALLER PHD REGENT/TREASURER 1.00 X X 0 0 0 KURT A JUERGENS DC REGENT 1.00 X 0 0 0 V RICK WREN DC REGENT 1.00 X 0 0 0 SANDRA HUGHES DC VP OF ADMINISTRATIVE SERVICES 40.00 X X 152500 0 0 KENT GRAY CHIEF OF CLINICS 40.00 X X 117514 0 0 DAVID MASKELL CONTROLLER 40.00 X X 112088 0 0 STEVEN DAVIS DC REGENT 1.00 X 0 0 0 JOHN FELKER III DC REGENT 1.00 X 0 0 0 BHAVNA REDDY MD REGENT 1.00 X 0 0 0 MONIQUE LEWIS ASSOCIATE VICE PRESIDENT 10.00 X X 0 0 0 MICHAEL SHEPPARD CHIEF ACADEMIC OFFICER 40.00 X X 0 0 0 MARIAN MOORE EXECUTIVE ADMINISTRATIVE ASSISTANT AND BOARD LIAIS 40.00 X X 0 0 0 JESSE COATS FACULTY 40.00 X X 104556 0 0 JEFFREY THOMPSON FACULTY 40.00 X 106771 0 0 STEPHEN FOSTER DC PRESIDENT 40.00 X X 225000 0 0 JAMES ZUNIGA FACULTY 40.00 X 102164 0 0 JOHN MROZEK VICE PRESIDENT OF ACADEMIC AFFAIRS 40.00 X X 25200 0 0 945793 0 0 7 0 1 0 CORNERSTONE PREFERRED RESOURCES 14550 TORREY CHASE BLVD SUITE 650 HOUSTON TX 77014 INSURANCE CLAIMS PROCESSING 717419 BFJ CONSTRUCTION INC 930 14TH STREET NORTH TEXAS CITY TX 77590 CONSTRUCTION 422025 DYOPATH 13430 NORTHWEST FREEWAY SUITE 1000 HOUSTON TX 77040 IT DESK SUPPORT 334719 DTK FACILITY SERVICES 9821 KATY FREEWAY SUITE 500 HOUSTON TX 77024 JANITORIAL SERVICES 191465 4 78290 109860 188150 TUITION AND FEES 611600 9648051 9648051 CLINIC REVENUE 611710 219889 219889 9867940 130647 130647 2893690 1606806 1286884 1286884 1286884 10045 17091 -7046 -7046 MISCELLANEOUS REVENUE 611710 51660 51660 51660 11518235 9919600 0 1410485 368532 368532 389375 38937 350438 4143529 3609559 533970 196846 166672 30174 745107 675456 69651 336505 299736 36769 80145 80145 22441 22441 59335 59335 32543 29149 3394 258373 258373 132041 125283 6519 239 63298 63298 318139 318139 183472 126033 51393 6046 224524 221930 2594 96188 96188 771748 771748 772040 772040 EQUIPMENT RENTAL & MAIN 769193 769193 MISCELLANEOUS EXPENSES 230189 194984 27637 7568 LIBRARY EXPENSE 220457 220457 EQUIPMENT 170477 170477 231098 205057 25028 1013 10815595 9581386 1216749 17460 74542 96398 6880337 2274869 51262 46873 283416 412394 29225880 16674479 10485890 12551401 1076616 4102504 5000 5000 116893 132959 18973956 19622398 587907 418871 5401 21575 3092351 3017950 3685659 3458396 X 14735246 15598671 553051 565331 15288297 16164002 18973956 19622398 702640 173065 0 X X 0 1 X 1 1 1 X 5160220 288564 89372 5359412 5748171 -526882 61069 5160220 5215190 611587 78606 5748171 4889493 420147 94450 5215190 4821018 171197 102722 4889493 0.90713 0.05642 0.03645 1 0 85961 85961 21877121 10280131 11596990 7262798 6394348 868450 12551401 X 11691300 173065 173065 11518235 0 11518235 10815595 0 10815595 0 10815595 PART V, LINE 4: TO ENHANCE THE LONG TERM OPERATION OF THE COLLEGE, PROVIDE FINANCIAL LEVERAGE AND BE USED AS NEEDED AND AS WHEN DIRECTED BY THE BOARD OF REGENTS TO SPEND ON EXPENDITURES SUCH AS, BUT NOT LIMITED TO, OPERATING, PLANT/BUILDING AND RESEARCH. PART X, LINE 2: NOTE F - FEDERAL TAXES AND UNCERTAIN TAX POSITIONS THE COLLEGE IS A NON-PROFIT AGENCY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) PROVIDE DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. GAAP REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE COLLEGE BELIEVES THAT ALL SIGNIFICANT TAX POSITIONS UTILIZED BY THE COLLEGE WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION. ACCORDINGLY, THE COLLEGE HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT AUGUST 31, 2023. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS OF THE INTERNAL REVENUE SERVICE. THE COLLEGE BELIEVES IT IS NO LONGER SUBJECT TO AUDITS FOR YEARS PRIOR TO 2020. THE COLLEGE'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 SCHEDULE E, PART I, LINE 3 THE POLICY ON NON-DISCRIMINATION IS STATED IN THE CATALOG. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FEDERAL FINANCIAL ASSISTANCE FROM THE U.S. DEPARTMENT OF EDUCATION. ALL FEDERAL FUNDS RECEIVED ARE AWARDED TO STUDENTS MEETING SPECIFIC CRITERIA AS DESIGNATED BY THE DEPARTMENT OF EDUCATION. THE UNITED STATES DEPARTMENT OF EDUCATION TEMPORARILY SUSPENDED THE COLLEGE'S ABILITY TO DRAW FUNDS ON JULY 15, 1992. THE SUSPENSION WAS DUE TO AN ERRONEOUS FEDERAL CASH MANAGEMENT FORM FILED WITH THE DEPT. THE COLLEGE RESPONDED TO THE INQUIRY ON AUGUST 3, 1992 AND WAS REMOVED FROM TEMPORARY SUSPENSION. GALA FUNDRAISING 10045 10045 17091 10045 10045 17091 17091 -7046 1 SCHOLARSHIPS 82 368532 PART I, LINE 2: GRANTS ARE FOR TUITION AND FEES THAT ARE DISBURSED IN THE BUSINESS OFFICE TO THE STUDENTS' ACCOUNTS. THE FINANCIAL AID OFFICE ENSURES THAT THE STUDENTS ARE WITHIN THEIR BUDGET ALLOWANCE. ADDITIONAL GRANTS ARE GIVEN TO PAY FOR BOOKS. 0 0 0 0 0 0 0 0 0 STEPHEN FOSTER DC PRESIDENT 225000 0 0 0 0 0 0 0 0 0 225000 0 0 0 SANDRA HUGHES DC VP OF ADMINISTRATIVE SERVICES 152500 0 0 0 0 0 0 0 0 0 152500 0 0 0 KENT GRAY CHIEF OF CLINICS 117514 0 0 0 0 0 0 0 0 0 117514 0 0 0 DAVID MASKELL CONTROLLER 112088 0 0 0 0 0 0 0 0 0 112088 0 0 0 JEFFREY THOMPSON FACULTY 106771 0 0 0 0 0 0 0 0 0 106771 0 0 0 JESSE COATS FACULTY 104556 0 0 0 0 0 0 0 0 0 104556 0 0 0 JAMES ZUNIGA FACULTY 102164 0 0 0 0 0 0 0 0 0 102164 0 0 0 JOHN MROZEK VICE PRESIDENT OF ACADEMIC AFFAIRS 25200 0 0 0 0 0 0 0 0 0 25200 0 0 0 PAUL RAYMOND DC REGENT/SECRETARY 0 0 0 0 0 0 0 0 0 0 0 0 MONTE BLUE EDD REGENT 0 0 0 0 0 0 0 0 0 0 0 0 CHERYL DAWN SCHWAB DC REGENT/CHAIRMAN 0 0 0 0 0 0 0 0 0 0 0 0 CONNIE ELLIOT REGENT 0 0 0 0 0 0 0 0 0 0 0 0 BRIAN J ANDERSON DC REGENT 0 0 0 0 0 0 0 0 0 0 0 0 QUENTIN M BRISCO DC REGENT 0 0 0 0 0 0 0 0 0 0 0 0 JOSHUA B ELLIOTT DC REGENT/ASSISTANT TREASURER 0 0 0 0 0 0 0 0 0 0 0 0 JOSE SIMON DC REGENT/AT LARGE 0 0 0 0 0 0 0 0 0 0 0 0 BRYAN C HASSE FNP-C RN DC DACBN REGENT 0 0 0 0 0 0 0 0 0 0 0 0 LAWSON E HOWARD JR DC REGENT 0 0 0 0 0 0 0 0 0 0 0 0 CHASEN BH HUTCHENS JD REGENT 0 0 0 0 0 0 0 0 0 0 0 0 VAN A WIGGINTON JD REGENT/VICE CHAIRMAN 0 0 0 0 0 0 0 0 0 0 0 0 ROBERT K LAMBETH DC REGENT 0 0 0 0 0 0 0 0 0 0 0 0 EDWARD R WALLER PHD REGENT/TREASURER 0 0 0 0 0 0 0 0 0 0 0 0 KURT A JUERGENS DC REGENT 0 0 0 0 0 0 0 0 0 0 0 0 V RICK WREN DC REGENT 0 0 0 0 0 0 0 0 0 0 0 0 STEVEN DAVIS DC REGENT 0 0 0 0 0 0 0 0 0 0 0 0 JOHN FELKER III DC REGENT 0 0 0 0 0 0 0 0 0 0 0 0 BHAVNA REDDY MD REGENT 0 0 0 0 0 0 0 0 0 0 0 0 MONIQUE LEWIS ASSOCIATE VICE PRESIDENT 0 0 0 0 0 0 0 0 0 0 0 0 MICHAEL SHEPPARD CHIEF ACADEMIC OFFICER 0 0 0 0 0 0 0 0 0 0 0 0 MARIAN MOORE EXECUTIVE ADMINISTRATIVE ASSISTANT A 0 0 0 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 KENT CAUTHORN IS RELATED TO AN EMPLOYEE OF THE COLLEGE FORM 990, PART VI, SECTION B, LINE 11B DEPENDING ON WHEN THE FIRST DRAFT IS COMPLETED, THE 990 IS PRESENTED AND DISCUSSED AT THE NEXT AUDIT COMMITTEE OF THE BOARD OF REGENTS MEETING. THE AUDIT COMMITTEE THEN PRESENTS TO THE BOARD OF REGENTS THE FINAL 990 OR REPORTS ON THE STATUS OF THE 990 AND ANY ITEMS NEEDING TO BE DISCUSSED. DEPENDING ON WHEN THE FINAL 990 IS COMPLETED, THE 990 IS EITHER PRESENTED AND DISCUSSED AT THE NEXT AUDIT COMMITTEE MEETING OR EXECUTIVE COMMITTEE OF THE BOARD OF REGENTS FOR APPROVAL AND ACTING ON BEHALF OF THE GOVERNING BODY. THE EXECUTIVE COMMITTEE PRESENTS AND DISCUSSES THE 990 AT THE NEXT BOARD OF REGENTS MEETING AND VOTES ON ACCEPTANCE. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF REGENTS MEMBERS MUST ANNUALLY AND INTERMITTENTLY DISCLOSE ANY CONFLICTS OF INTEREST. IF THERE IS A CONFLICT OF INTEREST THE BOARD OF REGENTS DECIDES ON WHAT ACTION TO TAKE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC UNLESS BY COURT ORDER. HOWEVER, FORM 990 CONTAINS COMPLETE FISCAL YEAR FINANCIAL INFORMATION AND IS AVAILABLE UPON REQUEST AND THE GUIDESTAR WEBSITE. THE SUMMARIZED AUDITED FINANCIAL STATEMENT INFORMATION IS REPORTED IN THE ANNUAL REPORT. THE ANNUAL REPORT IS DISTRIBUTED TO FRIENDS OF THE COLLEGE AND IS AVAILABLE UPON REQUEST. FINANCIAL INFORMATION IS ALSO REPORTED TO AND DISCLOSED ON THE US DEPARTMENT OF EDUCATION INTEGRATED POSTSECONDARY EDUCATION DATA SYSTEM (IPEDS). FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR