2022-04-11T10:50:21-05:00 2021-05-31 420714325 RSM US LLP 30 S Wacker Drive Ste 3300 Chicago IL 60606 990 2020-06-01 900394713 The Chicago School - California Inc CHIC 2136157200 707 Wilshire Blvd Los Angeles CA 90017 Greg Beno Corporate Treasurer 3123791699 2022-04-08 1 Greg Beno XXX-XX-XXXX Rebekuh Eley P01247672 3126343400 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z The Chicago School of Professional Psychology Michael Horowitz 203 N LaSalle Ste 1900 Chicago IL 60601 89060192 0 X www.TheChicagoSchool.edu X 2008 CA Integrating theory, professional practice and innovation, The Chicago School of Professional Psychology provides an excellent education for careers in psychology and related behavioral and health sciences. 20 18 1513 18 0 0 217368 601097 79096328 83176748 630345 86741 12348071 5133000 92292112 88997586 1888882 2098675 0 0 35459024 37979742 0 0 1011562 43093453 37630846 80441359 77709263 11850753 11288323 83164638 113921518 18779621 39463883 64385017 74457635 X Integrating theory, professional practice and innovation, The Chicago School of Professional Psychology provides an excellent education for careers in psychology and related behavioral and health sciences. The school is committed to service and embraces the diverse communities of our society. 0 0 46167873 2098675 83176748 The College is part of a network of campuses of The Chicago School (TCSPP). The Chicago School - California, Inc. is a California nonprofit public benefit corporation. TCSPP is an accredited institution with more than 6,000 students at campuses across the country and more than 3,400 students at the Los Angeles, Orange County, San Diego and online campuses alone. TCSPP and the College have been innovators in the field of psychology and related behavioral sciences for more than forty years. The College offers more than twenty degree programs. It is regionally accredited by the Western Association of Schools & Colleges Senior College and University Commission and is an active member of the National Council of Schools and Programs and Professional Psychology, which has recognized the College for its distinguished service and outstanding contributions to cultural diversity and advocacy. 46167873 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 50 0 1 1513 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 18 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 0 0 0 CA X Greg Beno 3123791699 203 N LaSalle Street Suite 1900 Chicago IL 60601 Michael Horowitz Corporate President/Trustee 2.00 38.00 X X 0 1900859 110809 Michele Nealon Institution Pres./Trustee 34.00 6.00 X X 807351 0 94307 Deborah Solmor Corporate Secretary 2.00 38.00 X 0 320156 25281 Mehul Patel Corporate Treasurer 2.00 38.00 X 0 294481 32255 Michael Falotico Chief Operating Officer 40.00 0.00 X 232858 0 48689 Theodore Scholz Chief Academic Officer 40.00 0.00 X 225253 0 49042 Shari Mikos Asst. Corporate Secretary 2.00 38.00 X 0 244520 21416 David Iwane VP HR & Sp. Asst. to President 40.00 0.00 X 185114 0 14020 Christopher Jackson Chief Business Officer 40.00 0.00 X 154351 0 34408 Dean Rishel Assoc. Campus Dean 40.00 0.00 X 154135 0 34105 William Brown Campus Dean 40.00 0.00 X 174966 0 5371 Brandy Blount Department Chair 40.00 0.00 X 128152 15652 28407 Guy Balice Department Faculty 40.00 0.00 X 152218 0 18748 Louvenia Hardaway Asst. Corporate Secretary 2.00 38.00 X 0 58719 14657 Lance Garrison Campus Dean 40.00 0.00 X 0 0 0 Edward Bergmark Chair of Council 2.00 12.00 X 0 0 0 George Mitchell Vice Chair of Council 2.00 16.00 X 0 0 0 Terrence Layng Board Chair 2.00 10.00 X 0 0 0 Marie Hansen Vice Chair 2.00 4.00 X 0 0 0 Richard Chaifetz Trustee 2.00 16.00 X 0 0 0 John DelMonaco Trustee 2.00 0.00 X 0 0 0 Victoria Dolan Trustee 2.00 2.00 X 0 0 0 Martha Farmer Trustee 2.00 0.00 X 0 0 0 Dorothy Farris Trustee 2.00 2.00 X 0 0 0 Jana Johnston Trustee 2.00 12.00 X 0 0 0 Kevin Kotecki Trustee 2.00 12.00 X 0 0 0 Richard Osborn Trustee 2.00 0.00 X 0 0 0 Nausheen Pasha-Zaidi Trustee 2.00 0.00 X 0 0 0 Douglas Patinkin Trustee 2.00 12.00 X 0 0 0 Mary Pattiz Trustee 2.00 12.00 X 0 0 0 Patricia Potter Trustee 2.00 12.00 X 0 0 0 Efrain Talamantes Trustee (As of 02/2021) 2.00 0.00 X 0 0 0 Manika Turnbull Trustee 2.00 0.00 X 0 0 0 2214398 2834387 531515 54 0 1 0 Howard Building Corporation 701 Wilshire Blvd Suite 3750 Los Angeles CA 90017 Construction Management Services 1043854 HLW International LLP 5 Penn Plaza Level 5 New York NY 10001 Construction Management Services 297749 Fenton Communications Inc 630 9th Avenue Suite 10 New York NY 10036 Information Technology Services 180000 Tevera LLC 2321 Jack Breault Drive Suite 300 Hudson WI 54016 Information Technology Services 166099 4 375278 225819 12000 601097 Tuition & Fee Revenue 611310 82803683 82803683 Other School Revenue 611310 373065 373065 83176748 149347 149347 62606 -62606 -62606 -62606 Intercompany Revenue 900099 5133000 5133000 5133000 88997586 83176748 0 5219741 2098675 2098675 1823039 315466 1507573 29683425 26415933 2659753 607739 1655374 1327842 278357 49175 2542596 1929681 529765 83150 2275308 2006102 189621 79585 9612009 9612009 216128 216128 10042 10042 265138 93484 108744 62910 10614460 325 10614135 237189 182809 51745 2635 378880 363348 15301 231 2534325 2236072 272460 25793 62549 29546 30684 2319 288206 220838 47290 20078 1538867 1409341 113392 16134 687050 687050 Student Services 5401939 5389462 9961 2516 Chicago Allocation 1436279 1436279 Bad Debt Expense 1337182 1337182 Dues and Memberships 317931 238519 77152 2260 2692672 1910430 725205 57037 77709263 46167873 30529828 1011562 15345853 40335636 25770718 4155577 20384 79554 865129 897891 40978 0 737544 606930 17183312 3575562 9367386 13607750 19090888 23192610 301815 588966 11623943 30456604 83164638 113921518 4180313 4305189 8184887 14101597 6414421 21057097 18779621 39463883 X 64228276 74340839 156741 116796 64385017 74457635 83164638 113921518 11288323 -1215705 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56684298 17671585 67750 74288133 50581266 3000000 3177411 74379 56684298 43936306 6000000 710861 65901 50581266 40307061 3629245 43936306 35816327 4645964 155230 40307061 0.96728 0.03272 0.00000 0 1 1 14889739 2413168 12476571 844198 579506 264692 1449375 582888 866487 13607750 Deposits 69269 Preferred Stock - KHSC 30387335 30456604 Deferred Rent 7084468 Student Refunds 1661065 Retirement Plan Liabilities 588966 Due to Affiliates 11722598 21057097 X Part V, Line 4: The intended use of The Chicago School - California, Inc. (the College's) endowment fund is for its program services. Part X, Line 2: The College has received notification that it qualifies as a tax-exempt organization under Section 501(c)(3) of the U.S. Internal Revenue Code and corresponding provisions of state law and, accordingly, is not subject to federal or state income taxes. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the finanical statements. Under this guidance, the College may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the College and various positions related to the potential sources of unrelated business taxable income. There were no unrecognized tax benefits identified or recorded as liabilities for the years ended May 31, 2021 and 2020. The College files Form 990 annually in the U.S. federal jurisdiction and in its respective state or district, if applicable. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The Chicago School - California, Inc.'s nondiscrimination policies are published in the academic catalog, student handbook, and admissions policies, which are available to the public via the institution's website. Schedule E, Part I, Line 6 The Chicago School - California, Inc. receives funds from the US Department of Education for several student financial assistance programs, including the Federal Direct Stafford Loan Program, Federal Direct Grad Plus Loan Program, Federal Direct Plus Loan Program, Federal Pell Grant Program, Federal Supplemental Education Opportunity Grant Program, and Federal Work-Study Program. East Asia and the Pacific 0 1 Program Services Teaching 370 Central America and the Caribbean 0 6 Program Services Teaching/Study Abroad 18166 Europe (Including Iceland & Greenland) 0 2 Program Services Teaching/Study Abroad 8350 Middle East and North Africa 0 2 Program Services Study Abroad 6925 North America 0 24 Program Services Teaching 59122 South America 0 2 Program Services Teaching 685 Sub-Saharan Africa 0 7 Program Services Teaching/Study Abroad 11244 0 44 0 0 0 44 104862 0 104862 0 0 0 0 0 1 Part III Accounting Method: 1 Fellowships/Scholarships 766 1896680 FSEOG 101 36375 HEERF - Institutional Funding 16 24500 HEERF - Student Funding 102 141120 Part I, Line 2: The Chicago School - California, Inc. provides institutional aid in the form of scholarships, fellowships, and grants to new and continuing students. The awarding of institutional aid depends on factors such as recommendations, academic standing, and other criteria related to admission or participation in a program. The Chicago School maintains records of institutional aid awards, criteria for awarding institutional aid, and evidence of the criteria for institutional aid being met by recipients. 0 1 0 0 0 0 0 1 0 Michael Horowitz Corporate President/Trustee 0 1096816 0 539732 0 264311 0 76500 0 35095 0 2012454 0 0 Michele Nealon Institution Pres./Trustee 513519 0 252165 0 41667 0 70642 0 24451 0 902444 0 0 0 Deborah Solmor Corporate Secretary 0 255781 0 64375 0 0 0 22531 0 3280 0 345967 0 0 Mehul Patel Corporate Treasurer 0 225481 0 69000 0 0 0 20930 0 11804 0 327215 0 0 Michael Falotico Chief Operating Officer 192608 0 40250 0 0 0 17163 0 31962 0 281983 0 0 0 Theodore Scholz Chief Academic Officer 177928 0 47325 0 0 0 16717 0 32940 0 274910 0 0 0 Shari Mikos Asst. Corporate Secretary 0 187310 0 57210 0 0 0 17354 0 5141 0 267015 0 0 David Iwane VP HR & Sp. Asst. to President 161249 0 23865 0 0 0 12936 0 1440 0 199490 0 0 0 Christopher Jackson Chief Business Officer 133351 0 21000 0 0 0 11383 0 23347 0 189081 0 0 0 Dean Rishel Assoc. Campus Dean 139476 0 14659 0 0 0 11359 0 23082 0 188576 0 0 0 William Brown Campus Dean 152466 0 22500 0 0 0 5371 0 340 0 180677 0 0 0 Brandy Blount Department Chair 123927 15652 4225 0 0 0 10428 0 18238 0 156818 15652 0 0 Guy Balice Department Faculty 148018 0 4200 0 0 0 10726 0 8282 0 171226 0 0 0 Part I, Line 3 The Chicago School - California, Inc., with support from a related organization, TCS Education System, used one or more of the methods described below to establish the top management official's compensation: - Compensation Committee - Independent Compensation Consultant - Compensation Survey or Study - Form 990 of other organizations - Approval by the Board of Compensation Committee Part I, Line 4b Line 4b: The College has a nonqualified 457(b) deferred compensation plan for its President. Contributions to the plan are invested in equity securities. The College made contributions of $19,500 for calendar year 2020. At May 31, 2021, $588,966 was accrued as a liability and set aside in a separate account for this benefit. The assets held in this account are the property of the College and are subject to the claims of the general creditors. The College accounts for the assets held by this plan as investments held for deferred compensation recorded in other assets, with the related liability recorded in other liabilities on the statements of financial position. Part I, Line 7 The target opportunity for the discretionary award is established through market compensation and internal policy so as to relate pay, performance and rewards. Upon reviewing annual performance, the Executive Committee of the Board of Trustees determines results and the granting of discretionary awards, if any. Form 990, Part VI, Section A, line 6 The TCS Education System ("TCS ES") is the sole corporate member of The Chicago School - California, Inc. ("TCS CA"). Form 990, Part VI, Section A, line 7a The Member has the authority to consent to the election of persons to membership on the Board of Trustees, this shall apply to any removal of a member of the Board. Form 990, Part VI, Section A, line 7b The following powers and responsibilities are reserved unto the corporate member, TCS Education System: a. The authority of the Member to consent to a change in the Mission or Purpose of the Corporation. b. The authority of the Member to consent to a change in the legal entity or tax structure of the Corporation. c. The authority of the Member to amend the Articles of Incorporation or Bylaws. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent accounting firm (RSM US LLP) along with the advice of the management and attorneys of the organization. The Form 990 is made available to the board members prior to filing. Form 990, Part VI, Section B, line 12c An Interested Person must annually disclose the existence of the facts and circumstances of any conflict of interest to either 1) the Board members and members of Board committees or 2) Human Resources with respect to any action or proposed action that gives rise to the conflict of interest. Pending review and resolution by the Board or the Governance Committee or Human Resources, the Interested Person shall be excluded from any deliberations or action concerning conflicts of the matter that gives rise to the conflict of interest. Each Board member, corporate officer, Board committee members and key employee shall annually sign a statement that affirms that such person a) has received a copy of the conflict-of-interest policy, b) has read and understands the policy, c) has agreed to comply with the policy, d) understands that the College is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. Form 990, Part VI, Section B, line 15 Each Board's Executive Committee reviews and approves the compensation of certain executives of the Corporation to determine that it is just and reasonable. The Executive Committee, in coordination with TCS Education System, shall conduct or cause to be conducted an analysis of the compensation to be paid to the executive as compared to other executives in similar positions with similar organizations. The Executive Committee engages an outside independent compensation consultant to benchmark salaries and benefits. Executive salaries are reviewed and approved by each Board's Executive Committee with the assistance of a benefits consulting firm (Korn Ferry) that provides recommendations based on comparative data with other organizations. The Board documents the basis of all compensation determinations in the records of the Board. Form 990, Part VI, Section C, line 19 Financial information as well as governance documents, which include the conflict of interest policy, are not made available to the public. The Chicago School of Professional Psychology 325 North Wells Chicago IL 60654 363005527 Education IL 501(c)(3) Line 2 The Chicago School - California Inc 1 TCS Education System 203 N LaSalle Street Suite 1900 Chicago IL 60601 270717860 Supporting Organization IL 501(c)(3) Line 12b, II N/A 0 The Chicago School - Washington DC Inc 901 15th Street NW Washington DC 20005 800477644 Education DC 501(c)(3) Line 2 The Chicago School - California Inc 1 Pacific Oaks Education Corporation 45 Eureka Street Pasadena CA 91103 951716809 Education CA 501(c)(3) Line 2 TCS Education System 1 The Colleges of Law 4475 Market Street Ventura CA 93003 952592468 Education CA 501(c)(3) Line 2 TCS Education System 1 TCS Education - Texas Inc 2101 N Waterview Pkwy Richardson TX 75080 364769956 Education TX 501(c)(3) Line 2 The Chicago School - California Inc 1 Saybrook University 55 Eureka Street Pasadena CA 91103 942155109 Education CA 501(c)(3) Line 2 TCS Education System 1 Kansas Health Science Center Inc 221 South Topeka Street Wichita KS 67202 825178988 Education KS 501(c)(3) Line 2 TCS Education System 1 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 1 0 0 The Chicago School of Professional Psychology L 2929195 Actual The Chicago School - Washington DC Inc L 1685044 Actual TCS Education - Texas Inc L 518760 Actual The Chicago School of Professional Psychology P 10562317 Actual TCS Education - Texas Inc Q 4712508 Actual The Chicago School - Washington DC Inc Q 3658932 Actual