2017-01-30T14:59:21-06:00 2016-05-31 420714325 RSM US LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2015-06-01 900394713 The Chicago School - California Inc CHIC 2136157200 617 W 7th Street Los Angeles CA 90017 Mehul Patel Corporate Treasurer 2136157200 2017-01-30 1 Wayne Harder P00294296 3126343400 2015 2021-01-29 14:40:06Z Michael Horowitz 350 N Orleans Ste 1050 Chicago IL 60654 60626006 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. 16 11 719 13 0 0 140749 130644 48948544 49859669 100753 151109 10516565 10484584 59706611 60626006 965167 1479321 0 0 23936844 23975898 0 0 679383 29133159 29956208 54035170 55411427 5671441 5214579 57339119 61729513 26105227 25282186 31233892 36447327 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 27460211 1479321 49859669 The Chicago School of Professional Psychology (the "College") is a nonprofit, accredited institution with more than 4,000 students at campuses across the country (Chicago, Los Angeles and Orange County, California, Washington, D.C. and online).The College has been an innovator in the field of psychology and related behavioral science for more than 35 years. The College offers more than 25 degree programs and a wealth of opportunities for international experiences. The College is accredited by WASC Senior College and University Commission and is an active member of the National Council of Schools and Programs of Professional Psychology-which has recognized the College for its distinguished service and outstanding contributions to cultural diversity and advocacy. 27460211 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 87 0 1 719 1 0 0 0 0 0 0 0 0 0 0 X 16 11 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 0 0 0 CA X Mehul Patel 3123791699 350 North Orleans Suite 1050 Chicago IL 60654 Edward Bergmark Council Chair 2.00 10.00 X 0 0 0 George Mitchell Council Vice Chair 2.00 14.00 X 0 0 0 Linda Havard Board Chair 2.00 6.00 X 0 0 0 Terrence Layng Board Chair 2.00 8.00 X 0 0 0 Richard Chaifetz Trustee 2.00 14.00 X 0 0 0 John DelMonaco Trustee 2.00 X 0 0 0 Victoria Dolan Trustee 2.00 X 0 0 0 Martha Farmer Trustee 2.00 X 0 0 0 Marie Hansen Trustee 2.00 4.00 X 0 0 0 Melvin Hinton Trustee 2.00 X 0 0 0 Steven Nakisher Trustee 2.00 10.00 X 0 0 0 Donald Packham Trustee 2.00 38.00 X 0 253761 28357 Mary Pattiz Trustee 2.00 10.00 X 0 0 0 Manika Turnbull Trustee 2.00 X 0 0 0 Michele Nealon-Woods Institution President/Trustee 34.00 6.00 X X 592494 0 67030 Michael Horowitz Corporate President/Trustee 2.00 38.00 X X 0 1265824 212860 Jennifer DeMay Corporate Secretary 2.00 38.00 X X 0 259746 34016 Mehul Patel Corporate Treasurer 2.00 38.00 X X 0 82982 2761 Gregory Beno Past Corporate Treasurer 2.00 38.00 X X 0 169229 12351 Glenn Renzulli Past Corporate Treasurer 2.00 38.00 X X 0 271507 31535 Kenneth Maher Past Corporate Treasurer 2.00 38.00 X X 0 8269 0 Shari Mikos Assistant Corporate Secretary 2.00 38.00 X 0 157481 12518 Darryl Lycett Chief Financial Officer 38.00 2.00 X 245714 0 32523 Michael Falotico Chief Operating Officer 38.00 2.00 X 188810 0 20230 Matthew Nehmer Past Dean of Campus Operations 13.00 27.00 X 131936 48973 20650 David Iwane VP of Human Resources 40.00 X 165364 0 12672 Joseph Stevenson Provost 40.00 X 228189 0 18209 Michael Barr-Schinzel Associate Provost 40.00 X 137444 0 15203 Cynthia Worthen Dean, Academic Affairs 40.00 X 153195 0 9158 Patricia Arredondo Past Senior Advisor 40.00 X 227496 0 14802 2070642 2517772 544875 43 0 1 0 Jackson Lewis PC 150 N Michigan Ave Ste 2500 Chicago IL 60601 Legal 149499 PK Schrieffer LLP 100 N Barranca Ave Ste 100 West Covina CA 91791 Legal 116966 Viviane Pecanha Avenida Reboucas 353 Jardim Pauli Sao Paulo BR Faculty - Teaching 111110 Miller Canfield PLC 150 W Jefferson Ste 2500 Detroit MI 482264415 Legal 109002 Lassiter & Associates LLC 2 Wisconsin Circle Suite 700 Chevy Chase MD 20815 Consulting 108459 5 130644 130644 Tuition & Fee Revenue 611310 49694510 49694510 Other School Revenue 611310 165159 165159 49859669 151109 151109 Intercompany Revenue 900099 10489003 10489003 -4419 -4419 10484584 60626006 49859669 0 10635693 1479321 1479321 1292699 1049386 210435 32878 18416757 14950340 2998014 468403 1007744 817883 161624 28237 1692873 1310360 329604 52909 1565825 1341932 186873 37020 4944090 49369 4870827 23894 138657 12200 126457 1484 1484 7404912 2447720 4957192 266387 90147 170217 6023 296438 102120 194318 1824828 1237215 587613 367148 177495 174950 14703 217934 168108 45438 4388 1217314 1217314 421776 421776 Student Services 4766606 799714 3966751 141 National Allocation 4668786 4668786 Bad Debt Expense 318035 318035 Dues and Memberships 150098 59687 81558 8853 2951715 149900 2799881 1934 55411427 27460211 27271833 679383 13770495 17365692 427735 452637 473809 238113 10796968 6836219 4918947 3960749 16340270 14852225 21407863 24860097 57339119 61729513 6023898 5581630 5906391 6345549 14174938 13355007 26105227 25282186 X 31119926 36375930 113966 71397 31233892 36447327 57339119 61729513 5214579 -1144 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36578075 -761748 35816327 17769220 16667915 2140940 36578075 12619640 3335833 1813747 17769220 6428738 5001215 1228957 39270 12619640 5463234 1387993 -342844 79645 6428738 0.95450 0.03860 0.00690 0 1 1 7772758 4520840 3251918 1157331 928031 229300 1866879 1387348 479531 3960749 Other Assets 401388 Due From Affiliates 24458709 24860097 Deferred Rent 1812078 Student Refunds 2437600 Other Liabilities 180248 Due to Affiliates 8925081 13355007 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 during the year ended May 31, 2016. The College annually files Form 990 in the U.S. federal jurisdiction and in its respective state or district. The College's Form 990 for fiscal year 2013 and subsequent years are subject to examination by the Internal Revenue Service. 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. Asia 0 1 Program Services Study Abroad 1000 Europe 0 2 Program Services Study Abroad and Instruction 26360 North America 0 1 Program Services Instruction 2226 South America 0 2 Program Services Study Abroad and Instruction 115283 Sub-Saharan Africa 0 2 Program Services Study Abroad and Instruction 48861 0 8 0 0 0 8 193730 0 193730 0 0 0 0 0 0 1 Fellowships/Scholarships 472 1479321 Part I, Line 2: The Chicago School - California, Inc. gives need-based and merit-based scholarships. Need-based scholarships are monitored through the Department of Education FAFSA form. Students with $0 estimated family contribution (EFC), based on the Department of Education guidelines, will be automatically awarded a scholarship. Merit-based scholarships are granted to students who submit all required admission documentation by certain deadlines and apply with a 4.0 undergraduate GPA or combined GRE score of 1,300 (test taken prior to August 1, 2011) or a combined GRE score of 314 (test taken on or after August 1, 2011). The Chicago School and its partners award fellowships to students who contribute to the academic community in and outside the classroom. Fellowship recipients dedicate 10 to 15 hours a week of work to the specific department through which the fellowship is offered. Applicants are judged on their ability to demonstrate a commitment to learning, developing, and participating in the programmatic, research, and administrative activities within the department or office. X 1 1 1 1 0 0 0 0 0 0 0 Donald Packham Trustee 0 212361 0 41400 0 0 0 18118 0 10239 0 282118 0 0 Michele Nealon-Woods Institution President/Trustee 432494 0 160000 0 0 0 56618 0 10412 0 659524 0 0 0 Michael Horowitz Corporate President/Trustee 0 876608 0 333600 0 55616 0 190005 0 22855 0 1478684 0 0 Jennifer DeMay Corporate Secretary 0 216546 0 43200 0 0 0 18905 0 15111 0 293762 0 0 Gregory Beno Past Corporate Treasurer 0 157248 0 11981 0 0 0 11846 0 505 0 181580 0 0 Glenn Renzulli Past Corporate Treasurer 0 225107 0 46400 0 0 0 19851 0 11684 0 303042 0 0 Shari Mikos Assistant Corporate Secretary 0 131481 0 26000 0 0 0 11375 0 1143 0 169999 0 0 Darryl Lycett Chief Financial Officer 205714 0 40000 0 0 0 17460 0 15063 0 278237 0 0 0 Michael Falotico Chief Operating Officer 160810 0 28000 0 0 0 5331 0 14899 0 209040 0 0 0 Matthew Nehmer Past Dean of Campus Operations 110338 48973 21598 0 0 0 9179 3220 4783 3468 145898 55661 0 0 David Iwane VP of Human Resources 145114 0 20250 0 0 0 11603 0 1069 0 178036 0 0 0 Joseph Stevenson Provost 193189 0 35000 0 0 0 7689 0 10520 0 246398 0 0 0 Michael Barr-Schinzel Associate Provost 128174 0 9270 0 0 0 9771 0 5432 0 152647 0 0 0 Cynthia Worthen Dean, Academic Affairs 146213 0 6982 0 0 0 2919 0 6239 0 162353 0 0 0 Patricia Arredondo Past Senior Advisor 144419 0 0 0 83077 0 10338 0 4464 0 242298 0 0 0 Part I, Line 1a During the 2015 calendar year, The Chicago School - California, Inc. provided the following benefits to Institution President Michele Nealon-Woods: - non-taxable social club dues of $3,700 Part I, Line 3 The Chicago School - California, Inc. relied on a related organization, TCS Education System, that 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 or Compensation Committee Part I, Lines 4a-b Line 4a: Patricia Arredondo received a severance payment in the amount of $83,077 in calender year 2015. Line 4b: Dr. Michael Horowitz is vested in a 457(f) plan, for which the calendar year 2015 contributions from TCS Education System totaled $119,005. 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 corporate member, TCS Education System has the authority to consent to the election of persons to membership on the Board of Trustees, this shall include any elections of persons to Trustees Emeriti status and 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 the election of persons to membership on the Board of Trustees, this shall include any elections of persons to Trustees Emeriti status and shall apply to any removal of a member of the Board. b.The authority of the Member to consent to a change in the Mission or Purpose of the Corporation. c.The authority of the Member to consent to a change in the legal entity or tax structure of the Corporation. d.The authority of the Member to consent to Amendments to the Articles of Incorporation or Bylaws. Form 990, Part VI, Section B, line 11 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 or the Corporate Risk and Compliance Committee "CRCC" 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 or CRCC, 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 The related organization, TCS Education System, has established an Executive Committee who reviews and approves the compensation of all executives of the College to determine that it is just and reasonable. The Executive Committee 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 of the administrative personnel of The College. Salaries are reviewed and approved by the Board's executive committee with the assistance of a benefits consulting firm (Aon Hewitt Associates) that provides recommendations based on comparative data with other organizations. The Board documents the basis for all compensation determination 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 350 North Orleans Suite 1050 Chicago IL 60654 270717860 Supporting Organization IL 501(c)(3) Line 11b, 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 TCSPP Counseling Centers 1990 Westwood Blvd Suite 330 Los Angeles CA 90025 952556403 Education CA 501(c)(3) Line 2 The Chicago School - California Inc 1 Pacific Oaks Education Corporation 55 Eureka Street Pasadena CA 91103 951716809 Education CA 501(c)(3) Line 2 TCS Education System 0 Santa Barbara & Ventura Colleges of Law 4475 Market Street Ventura CA 93003 952592468 Education CA 501(c)(3) Line 2 TCS Education System 0 TCS Education - Texas Inc 350 North Orleans Ste 1050 Chicago IL 60654 364769956 Education TX 501(c)(3) Line 2 TCS Education System 0 Saybrook University 475 14th Street Oakland CA 94612 942155109 Education CA 501(c)(3) Line 2 TCS Education System 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 The Chicago School - Washington DC Inc P 160480 Actual The Chicago School - Washington DC Inc Q 4301410 Actual The Chicago School - Washington DC Inc R 1000000 Actual The Chicago School - Washington DC Inc S 6000000 Actual The Chicago School of Professional Psychology P 2409186 Actual The Chicago School of Professional Psychology Q 23547178 Actual The Chicago School of Professional Psychology R 3003000 Actual The Chicago School of Professional Psychology S 22350000 Actual TCSPP Counseling Centers P 74870 Actual TCSPP Counseling Centers Q 152063 Actual TCSPP Counseling Centers R 452991 Actual