2025-06-24T07:16:53-05:00 2024-08-31 760488832 MCCONNELL & JONES LLP 4828 LOOP CENTRAL DRIVE SUITE 1000 HOUSTON TX 77081 990 2023-09-01 760196908 TEXAS CHIROPRACTIC COLLEGE TEXA 2819985710 5912 SPENCER HIGHWAY PASADENA TX 77505 SANDRA HUGHES PRESIDENT 2814871170 2025-06-24 1 0 TENE THOMAS P00849229 7139681600 2025-06-24 2023 2025-03-06 01:10:19Z SANDRA HUGHES 5912 SPENCER HIGHWAY PASADENA TX 77505 10999304 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-CENTER CARE; SEEK NEW KNOWLEDGE THROUGH SCHOLARSHIP AND RESEARCH; AND ENGAGE OUR COMMUNITIES THROUGH ONGOING SERVICE. 20 20 157 0 0 0 188150 73614 9867940 10499320 1417531 317577 44614 82070 11518235 10972581 368532 318217 0 0 5811362 5901135 0 0 0 4635701 5204391 10815595 11423743 702640 -451162 19622398 19540282 3458396 3216550 16164002 16323732 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 9947686 318217 10592365 PROVIDED POST SECONDARY EDUCATION FOR APPROXIMATELY 318 STUDENTS FOR ENTRY INTO THE CHIROPRACTIC PROFESSION 9947686 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 58 0 1 157 1 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X DAVID MASKELL 2817572069 5912 SPENCER HIGHWAY PASADENA TX 77505 BRIAN J ANDERSON DC REGENT 1.00 X 0 0 0 QUENTIN M BRISCO DC REGENT 1.00 X 0 0 0 STEVEN DAVIS DC MBA REGENT 1.00 X 0 0 0 CONNIE ELLIOTT REGENT 1.00 X 0 0 0 JOSHUA B ELLIOTT DC REGENT / ASSISTANT TREASURER 1.00 X X 0 0 0 JOHN FELKER III DC REGENT 1.00 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 B H HUTCHENS JD REGENT 1.00 X 0 0 0 KURT A JUERGENS DC REGENT 1.00 X 0 0 0 ROBERT K LAMBETH DC REGENT 1.00 X 0 0 0 LISA PATEL DC REGENT 1.00 X 0 0 0 PAUL RAYMOND DC REGENT / SECRETARY 1.00 X X 0 0 0 BHAVNA REDDY MD REGENT 1.00 X 0 0 0 LISA RISTER DC REGENT 1.00 X 0 0 0 CHERYL DAWN SCHWAB DC REGENT / CHAIR 1.00 X X 0 0 0 JOSE SIMON DC REGENT / AT LARGE 1.00 X X 0 0 0 EDWARD R WALLER PHD REGENT / TREASURER 1.00 X X 0 0 0 VAN A WIGGINGTON JD REGENT / VICE CHAIRMAN 1.00 X X 0 0 0 V RICK WREN DC REGENT 1.00 X 0 0 0 SANDRA HUGHES DC PRESIDENT 40.00 X X 217702 0 0 MICHAEL SHEPPARD DC CHIEF ACADEMIC OFFICER 40.00 X X 99998 0 0 KENT GRAY DC CHIEF OF CLINICS 40.00 X X 141032 0 0 DAVID MASKELL MBA, CPA, CONTROLLER 40.00 X X 102516 0 0 MONIQUE LEWIS ASSOCIATE VICE PRESIDENT 40.00 X X 113354 0 0 JESSE COATS FACULTY REPRESENTATIVE 40.00 X 103059 0 0 JAMES ZUNIGA FACULTY REPRESENTATIVE 40.00 X X 118287 0 0 CHERYL HAWK STAFF 40.00 X 104047 0 0 999995 0 0 7 0 1 0 BFJ CONSTRUCTION INC 930 14TH STREET NORTH TEXAS CITY TX 77590 CONSTRUCTION 255010 DYOPATH 13430 NORTHWEST FREEWAY SUITE 1000 HOUSTON TX 77040 IT DESK SUPPORT 243675 DTK FACILITY SERVICES 9821 KATY FREEWAY SUITE 500 HOUSTON TX 77024 JANITORIAL SERVICES 208448 CORNERSTONE PREFERRED RESOURCES 14550 TORREY CHASE BLVD SUITE 650 HOUSTON TX 77014 INSURANCE CLAIMS PROCESSING 137506 AZALEA CREEK 10324 APPLE CREEK CIRCLE SOUTH LA PORTE TX 77571 CATERING 107893 5 4250 69364 73614 TUITION & FEES 611600 10219617 10219617 CLINIC REVENUE 611710 279703 279703 10499320 259285 259285 71288 12996 58292 58292 58292 2752 4250 13727 -10975 -10975 MISCELLANEOUS REVENUE 611710 93045 93045 93045 10972581 10592365 0 306602 318217 318217 999995 679777 320218 3425167 3135313 289854 184397 149962 34435 962683 836886 125797 328893 283654 45239 52674 7328 45346 38823 38823 89000 89000 236234 177220 59014 20944 14324 6620 212683 205254 7429 606623 576694 29929 168129 86809 81320 319517 243545 75972 104634 99459 5175 832561 791392 41169 1200922 1142117 58805 SUPPLIES 609263 520473 88790 SERVICES 587940 554818 33122 LIBRARY EXPENSES 124444 124444 11423743 9947686 1476057 0 96398 209194 2274869 1272064 46873 403681 841 412394 399505 29668486 17331032 12551401 12337454 4102504 4763510 5000 5000 132959 149033 19622398 19540282 418871 491502 21575 20687 3017950 2704361 3458396 3216550 X 15598671 15750846 565331 572886 16164002 16323732 19622398 19540282 -451162 610892 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5359412 711295 112213 5958494 5160220 288564 89372 5359412 5748171 -526882 61069 5160220 5215190 611587 78606 5748171 4889493 420147 94450 5215190 0.90890 0.05070 0.04040 1 0 85961 85961 22145754 10894968 11250786 7436771 6436064 1000707 12337454 11597200 610892 13727 624619 10972581 0 10972581 11437470 13727 13727 11423743 0 11423743 PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 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. ACCORDINGLY, THE COLLEGE HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT AUGUST 31, 2024. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS OF THE INTERNAL REVENUE SERVICE. THE COLLEGE BELIEVES IT IS NOT 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, LINE 20: THE COLLEGE 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 A 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. 0 SCHOLARSHIPS 118 308217 ANNUAL SPONSORSHIP - TEXAS CHIROPRACTIC ASSOCIATION 1 10000 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. X X 0 0 0 0 0 0 0 0 0 SANDRA HUGHES DC PRESIDENT 217702 0 0 0 0 0 0 0 0 0 217702 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE OF THE BOARD OF REGENTS REVIEW COMPENSATION DATA, INCLUDING COMPARABILITY DATA COLLECTED FROM LOCAL ORGANIZATIONS AS WELL AS CANDID'S 2024 NON PROFIT COMPENSATION REPORT, BEFORE SETTING COMPENSATION LEVELS. 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 EXCECUTIVE 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. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF REGENTS MEMBERS MUST ANNUALLY AND INTERMITTENTLY DISCLOSE ANY CONFLICT 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