PALMER COLLEGE FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PALMER COLLEGE FOUNDATION (EIN 42-6081293)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-13
- IRS object ID
- 201330449349301013
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-13T12:49:06-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 221 THIRD AVENUE SE STE 300 | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 524011512 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 426081293 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PALMER COLLEGE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PALM | NameControl |
| Phone | 5638845871 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 BRADY STREET | AddressLine1 |
| City | DAVENPORT | City |
| State | IA | State |
| ZIP Code | 52803 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS TIEMEIER | Name |
| Title | CFO/TREASURER | Title |
| Phone | 5638845871 | Phone |
| Date Signed | 2013-02-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAY HEGARTY | Name |
| PTIN | P00091057 | PTIN |
| Phone | 3192985333 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PALMER COLLEGE OF CHIROPRACTIC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DENNIS MARCHIORI DC | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 BRADY STREET | AddressLine1 |
| City | DAVENPORT | City |
| State | IA | State |
| ZIP Code | 52803 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 68769457 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PALMER.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1907 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF THE COLLEGES OF THE PALMER COLLEGE SYSTEM IS TO EDUCATE AND PREPARE STUDENTS TO BECOME DOCTORS OF CHIROPRACTIC QUALIFIED TO SERVE AS PRIMARY CONTACT HEALTH CARE PROVIDERS; TO ADVANCE THE UNDERSTANDING OF CHIROPRACTIC THROUGH RESEARCH; AND TO SERVE HUMANITY THROUGH PATIENT CARE AND COMMUNITY EDUCATION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1163 | TotalNbrEmployees |
| Total Nbr Volunteers | 382 | TotalNbrVolunteers |
| Total Gross UBI | 37819 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -17543 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5101272 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4698432 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 56877933 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 56316669 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1213341 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1266936 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1870400 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1600834 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 65062946 | TotalRevenuePriorYear |
| Total Revenue Current Year | 63882871 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1883142 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1800157 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 35134776 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 36066118 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 103580 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 167139 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 23864702 | OtherExpensePriorYear |
| Other Expenses Current Year | 22132540 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 60882620 | TotalExpensesPriorYear |
| Total Expenses Current Year | 60102395 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4180326 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3780476 | RevenuesLessExpensesCY |
| Total Assets BOY | 132943216 | TotalAssetsBOY |
| Total Assets EOY | 137910435 | TotalAssetsEOY |
| Total Liabilities BOY | 43423388 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 44658803 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 89519828 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 93251632 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF PALMER COLLEGE OF CHIROPRACTIC, BASED UPON THE PALMER TENETS, IS TO EDUCATE AND PREPARE STUDENTS TO BECOME DOCTORS OF CHIROPRACTIC QUALIFIED TO SERVE AS DIRECT ACCESS TO PRIMARY HEALTH CARE PROVIDERS AND CLINICIANS, COMPETENT IN WELLNESS PROMOTION, HEALTH ASSESSMENT, DIAGNOSIS AND THE CHIROPRACTIC MANAGEMENT OF THE PATIENT'S HEALTH CARE NEEDS. PALMER IS COMMITTED TO ADVANCING THE UNDERSTANDING OF CHIROPRACTIC THROUGH RESEARCH; TO PROVIDING SERVICE TO THE FIELD OF CHIROPRACTIC, INCLUDING CONTINUING EDUCATION; AND TO SERVING HUMANITY THROUGH PATIENT CARE AND COMMUNITY EDUCATION. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 39866224 | Expense |
| Grants | 1800157 | Grants |
| Revenue | 55205288 | Revenue |
| Description | TEACHING THE ART OF CHIROPRACTIC AND OTHER ACTIVITIES RELATED TO EDUCATION. ENROLLMENT CONSISTS OF 1,794 FULL TIME AND 19 PART TIME STUDENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2437567 | Expense |
| Revenue | 1111381 | Revenue |
| Description | AUXILIARY ENTERPRISES AND ACTIVITIES RELATED TO OPERATION OF BOOKSTORE, CAFETERIA, PRINT SHOP, AND CONTINUING EDUCATION PROGRAMS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 42303791 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 172 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1163 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXIS VANDER HORN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5638845102 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 BRADY STREET | AddressLine1 |
| City | DAVENPORT | City |
| State | IA | State |
| ZIP Code | 52803 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (31 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| VICKIE A PALMER | |||||||||
| SECRETARY & BOARD MEMBER | 2.00 | X | X | 0 | 0 | 0 | |||
| TREVOR V IRELAND DC | |||||||||
| CHAIRPERSON | 20.00 | X | X | 0 | 0 | 0 | |||
| KENT M FORNEY | |||||||||
| VICE CHAIRMAN OF THE BOARD | 10.00 | X | X | 0 | 0 | 0 | |||
| WILLIAM L WILKE | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| KENNETH R KOUPAL | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| KENT M PILCHER | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| ERVIN M MALCHEFF DC | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| BARRY MCALPINE DC | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| MICHAEL J HAHN DC | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| CHARLES J KELLER DC | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| PAUL S PETERSON DC | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| SUSAN HATFIELD PHD | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| WILLIAM E MORGAN DC | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| JOHN C HUSTON | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| PAUL VANDUYNE PE DC | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| THOMAS TIEMEIER | |||||||||
| CFO/TREASURER | 40.00 | X | 181981 | 0 | 30650 | ||||
| LYNNE LINDSTROM | |||||||||
| ASSISTANT SECRETARY | 40.00 | X | 60810 | 0 | 5960 | ||||
| DENNIS MARCHIORI DC | |||||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | X | 360429 | 0 | 41461 | ||||
| WILLIAM MEEKER DC | |||||||||
| PRESIDENT | 40.00 | X | 217252 | 0 | 41578 | ||||
| ROBERT LEE | |||||||||
| VICE CHANCELLOR | 40.00 | 185029 | 0 | 30606 | X | ||||
| PETER MARTIN DC | |||||||||
| PRESIDENT | 40.00 | 214278 | 0 | 32657 | X | ||||
| KEVIN CUNNINGHAM DC | |||||||||
| VICE CHANCELLOR | 40.00 | 161133 | 0 | 31188 | X | ||||
| CHRISTINE GOERTZ | |||||||||
| VICE CHANCELLOR | 40.00 | 229471 | 0 | 42442 | X | ||||
| DAN WEINERT DC | |||||||||
| VICE CHANCELLOR | 40.00 | 163108 | 0 | 35171 | X | ||||
| ROBERT PERCUOCO DC | |||||||||
| VICE CHANCELLOR | 40.00 | 175545 | 0 | 33393 | X | ||||
| JAMES NOVAK | |||||||||
| VICE CHANCELLOR | 40.00 | 148309 | 0 | 33357 | X | ||||
| JOEL PICKAR DC | |||||||||
| PROFESSOR | 40.00 | 140091 | 0 | 36073 | X | ||||
| KURT WOOD DC | |||||||||
| VICE CHANCELLOR | 40.00 | 144458 | 0 | 32533 | X | ||||
| IAN MCLEAN DC | |||||||||
| DIRECTOR | 40.00 | 154513 | 0 | 29148 | X | ||||
| JAMES OWENS DC | |||||||||
| CHIEF OF STAFF | 40.00 | 150116 | 0 | 21130 | X | ||||
| DONALD KERN DC | |||||||||
| FORMER KEY EMPLOYEE | 0.00 | 149012 | 0 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2835535 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 477347 | TotalOtherCompensation |
| Number Individuals GT100 K | 36 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| PERRY-MCCALL CONSTRUCTION | |||||
| 6262 GREENLAND RD | JACKSONVILLE | FL | 32258 | CONSTRUCTION | 1419600 |
| ARAMARK | |||||
| 1000 BRADY STREET | DAVENPORT | IA | 52803 | FACILITY SERVICES | 1412662 |
| PER MAR SECURITY SERVICES | |||||
| PO BOX 1101 | DAVENPORT | IA | 52805 | SECURITY SERVICES | 951732 |
| XEROX CORPORATION | |||||
| 3400 HILLVIEW AVENUE BLDG 1 | PALTO ALTO | CA | 94304 | COPY SERVICES | 717468 |
| ESTES COMPANY | |||||
| PO BOX 3608 | DAVENPORT | IA | 52808 | CONSTRUCTION | 510665 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 24 | NumberOfContractorsGT100K |
| Related Organizations | 76257 | RelatedOrganizations |
| Government Grants | 3437105 | GovernmentGrants |
| All Other Contributions | 1185070 | AllOtherContributions |
| Noncash Contributions | 37555 | NoncashContributions |
| Total Contributions | 4698432 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611600 | 54043593 | 54043593 |
| CLINIC REVENUE | 611710 | 1161695 | 1161695 |
| AUXILIARY ENTERPRISES | 611600 | 1111381 | 1111381 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 56316669 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1282608 | TotalRevenueColumn |
| Exclusion | $1,282,608 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 422430 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 422430 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 422430 | TotalRevenueColumn |
| Exclusion | $422,430 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3551863 | Securities |
| Other | 3205 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3564380 | Securities |
| Other | 6360 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -12517 | Securities |
| Other | -3155 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -15672 | TotalRevenueColumn |
| Exclusion | -$15,672 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1516922 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1315846 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 201076 | TotalRevenueColumn |
| Exclusion | $201,076 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| RESEARCH EXP RECOVERY | 900099 | 544627 | $544,627 |
| INT ON LOANS RECEIVABL | 900099 | 201690 | $201,690 |
| CAMPUS BASE ADMIN INC | 900099 | 94453 | $94,453 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 136558 | TotalRevenueColumn |
| Unrelated Business Revenue | 37819 | UnrelatedBusinessRevenue |
| Exclusion | $98,739 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 977328 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 63882871 | TotalRevenueColumn |
| Related Or Exempt Function Income | 56316669 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 37819 | UnrelatedBusinessRevenue |
| Exclusion | $2,829,951 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42525 | Total |
| Program Services | 42525 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1757632 | Total |
| Program Services | 1757632 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2205394 | Total |
| Program Services | 601614 | ProgramServices |
| Management And General | 1603780 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26162074 | Total |
| Program Services | 20615888 | ProgramServices |
| Management And General | 5530093 | ManagementAndGeneral |
| Fundraising | 16093 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7698650 | Total |
| Program Services | 5955054 | ProgramServices |
| Management And General | 1742404 | ManagementAndGeneral |
| Fundraising | 1192 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 607259 | Total |
| Management And General | 607259 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101235 | Total |
| Management And General | 101235 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103580 | Total |
| Fundraising | 103580 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 159523 | Total |
| Management And General | 159523 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 451358 | Total |
| Program Services | 292406 | ProgramServices |
| Management And General | 158952 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 952808 | Total |
| Program Services | 385896 | ProgramServices |
| Management And General | 561584 | ManagementAndGeneral |
| Fundraising | 5328 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4105819 | Total |
| Program Services | 2746584 | ProgramServices |
| Management And General | 1359235 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 320050 | Total |
| Program Services | 223169 | ProgramServices |
| Management And General | 92161 | ManagementAndGeneral |
| Fundraising | 4720 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 760566 | Total |
| Program Services | 350077 | ProgramServices |
| Management And General | 392909 | ManagementAndGeneral |
| Fundraising | 17580 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3290140 | Total |
| Program Services | 3290140 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 783703 | Total |
| Program Services | 19169 | ProgramServices |
| Management And General | 764534 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OUTSIDE SERVICES | 3341275 | 1918042 | 1423233 | |
| SUPPLIES | 1702170 | 1171570 | 522389 | 8211 |
| EQUIPMENT RENTAL & MAIN | 1317874 | 431856 | 886018 | |
| CAMPUS SECURITY | 1093405 | 165 | 1093240 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3145355 | Total |
| Program Services | 2502004 | ProgramServices |
| Management And General | 632916 | ManagementAndGeneral |
| Fundraising | 10435 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60102395 | Total |
| Program Services | 42303791 | ProgramServices |
| Management And General | 17631465 | ManagementAndGeneral |
| Fundraising | 167139 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27116 | BOY |
| EOY | 161112 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8707675 | BOY |
| EOY | 11827007 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 326898 | BOY |
| EOY | 370599 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8513322 | BOY |
| EOY | 9593212 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 462 | BOY |
| EOY | 1021 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1881357 | BOY |
| EOY | 1875500 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 639676 | BOY |
| EOY | 648713 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 108803777 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 43583387 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62736875 | BOY |
| EOY | 65220390 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41581701 | BOY |
| EOY | 38388773 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3104748 | BOY |
| EOY | 3062877 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5120806 | BOY |
| EOY | 6458651 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 302580 | BOY |
| EOY | 302580 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132943216 | BOY |
| EOY | 137910435 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7361325 | BOY |
| EOY | 9630449 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6459777 | BOY |
| EOY | 7629583 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 491603 | BOY |
| EOY | 354391 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28264577 | BOY |
| EOY | 26180000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 846106 | BOY |
| EOY | 864380 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43423388 | BOY |
| EOY | 44658803 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62445058 | BOY |
| EOY | 65031191 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14310629 | BOY |
| EOY | 14957838 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12764141 | BOY |
| EOY | 13262603 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89519828 | BOY |
| EOY | 93251632 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132943216 | BOY |
| EOY | 137910435 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3780476 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -48672 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 6595 | RevenuesIncluded |
| Assets In Part X | 302580 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 31285769 | BeginningOfYearBalance |
| Contributions | 539752 | Contributions |
| Investment Earnings Or Losses | 1152992 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 535262 | GrantsOrScholarships |
| Other Expenditures | 434530 | OtherExpenditures |
| End Of Year Balance | 32008721 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 26067092 | BeginningOfYearBalance |
| Contributions | 300493 | Contributions |
| Investment Earnings Or Losses | 5706566 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 429463 | GrantsOrScholarships |
| Other Expenditures | 358919 | OtherExpenditures |
| End Of Year Balance | 31285769 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23193049 | BeginningOfYearBalance |
| Contributions | 152371 | Contributions |
| Investment Earnings Or Losses | 3411164 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 296393 | GrantsOrScholarships |
| Other Expenditures | 393099 | OtherExpenditures |
| End Of Year Balance | 26067092 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 29489024 | BeginningOfYearBalance |
| Contributions | 207520 | Contributions |
| Investment Earnings Or Losses | -5566083 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 937412 | GrantsOrScholarships |
| End Of Year Balance | 23193049 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.21000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.79000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 14500 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 296000 | OtherCostOrOtherBasis |
| Book Value | 310500 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 86197443 | OtherCostOrOtherBasis |
| Depreciation | 30971830 | Depreciation |
| Book Value | 55225613 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1130008 | OtherCostOrOtherBasis |
| Depreciation | 219278 | Depreciation |
| Book Value | 910730 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11267380 | OtherCostOrOtherBasis |
| Depreciation | 8060888 | Depreciation |
| Book Value | 3206492 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9898446 | OtherCostOrOtherBasis |
| Depreciation | 4331391 | Depreciation |
| Book Value | 5567055 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 65220390 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITIES PAYABLE | $411,000 |
| CONDITIONAL ASSET RETIREMENT OBLIGATION | $453,380 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 864380 | TotalOfAmounts |
| Total Revenue | 63882871 | TotalRevenue |
| Total Expenses | 60102395 | TotalExpenses |
| Excess Or Deficit For Year | 3780476 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -11378 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | -6712 | PriorPeriodAdjustments |
| Other | -$30,582 | OtherAmount |
| Total Adjustments | -48672 | TotalAdjustments |
| Excess Or Deficit Per FS | 3731804 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 63308082 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 1310128 | OtherRevenues |
| Revenue Not Rptd F990 | 1310128 | RevenueNotRptdF990 |
| Revenue Subtotal | 61997954 | RevenueSubtotal |
| Investment Expenses Not Included | 159523 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 1725394 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 1884917 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 63882871 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 60098483 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 1874410 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1874410 | ExpensesNotRptdF990 |
| Expenses Subtotal | 58224073 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 159523 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 1718799 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1878322 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 60102395 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | THE ART IS A COLLECTION OF ORIENTAL ART, SCULPTURES AND ARTIFACTS ACQUIRED BY THE PALMER FAMILY IN ITS TRAVELS IN THE EARLY 20TH CENTURY. THE COLLECTION WAS LATER DONATED TO THE COLLEGE BY THE FAMILY. THE CHIROPRACTIC PROFESSION WAS FOUNDED BY D.D. PALMER AND DEVELOPED BY FUTURE GENERATIONS OF PALMERS. IN THOSE EARLY YEARS THE DEVELOPMENT OF THE PROFESSION WAS CLOSELY LINKED TO THE FAMILY HISTORY. TO OUR STUDENTS WHO STUDY THE PHILOSOPHY, SCIENCE AND ART OF CHIROPRACTIC, THIS COLLECTION IS TANGIBLE EVIDENCE OF THE HISTORY OF THE CHIROPRACTIC PROFESSION. | |
| PART V, LINE 4: | ENDOWMENT FUNDS ARE USED FOR STUDENT SCHOLARSHIPS, EDUCATIONAL ACTIVITIES SUPPORT, GENERAL INSTITUTIONAL SUPPORT AND PLANT. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE FOUNDATION AND THE COLLEGE ARE RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION AND COLLEGE MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE FOUNDATION AND COLLEGE FILE A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS INCOME (UBI) IS REPORTED ON FORM 990-T, AS APPROPRIATE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX EXEMPT STATUS OF EACH ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UBI. AS OF JUNE 30, 2012 AND 2011, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. FORMS 990 AND 990-T FILED BY THE FOUNDATION AND COLLEGE ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THE FISCAL YEARS ENDED JUNE 30, 2008 AND PRIOR. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| LOSS ON INTEREST RATE SWAP: -552,904. TRANSFER OF COLLEGE PERKINS LOAN PROGRAMS: 528,917. DONATED HISTORICAL TREASURES RECORDED ON TAX RETURN NOT ON FINANCIALS: -6,595. TOTAL TO SCHEDULE D, PART XI, LINE 8: -30,582. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| COST OF GOODS SOLD NETTED WITH REVENUES 1,315,846. EXPENSES RECLASSIFIED AS REVENUE 5,660. NET UNREALIZED LOSSES ON INVESTMENTS -11,378. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| INSTITUTIONAL GRANTS 1,718,799. DONATED HISTORICAL TREASURES INCLUDED ON TAX RETURN NOT ON FINANCIALS 6,595. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| COGS EXPENSES NETTED WITH REVENUES 1,315,846. LOSS ON INTEREST RATE SWAP 552,904. EXPENSES RECLASSIFIED AS REVENUE 5,660. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| INSTITUTIONAL GRANTS 1,718,799. REVENUE RECLASSIFIED FROM EXPENSE | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | PALMER COLLEGE OF CHIROPRACTIC PUBLISHES ITS EQUAL OPPORTUNITY STATEMENT IN PRINTED MATERIALS THROUGHOUT THE STUDENT RECRUITMENT AND ORIENTATION PERIOD. PALMER COLLEGE OF CHIROPRACTIC DOES NOT ROUTINELY USE NEWSPAPER OR BROADCAST MEDIA IN ITS STUDENT RECRUITMENT EFFORTS. HOWEVER, THE COLLEGE DOES PUBLICIZE ITS RACIALLY NONDISCRIMINATORY POLICY IN A WAY THAT MAKES THE POLICY KNOWN TO PROSPECTIVE STUDENTS BY PUBLISHING THE COLLEGE'S EQUAL OPPORTUNITY STATEMENT IN PRINTED MATERIALS PROVIDED THROUGHOUT THE STUDENT RECRUITMENT PERIOD. IN ADDITION, THE FOUNDATION'S EQUAL OPPORTUNITY STATEMENT IS PROVIDED TO CURRENT STUDENTS AND THE GREATER COLLEGE COMMUNITY IN THE COLLEGE CATALOG, WHICH IS AVAILABLE IN PRINT AND ON THE PALMER WEBSITE, AS WELL AS IN THE STUDENT HANDBOOK, WHICH IS DISTRIBUTED TO ALL STUDENTS DURING THE STUDENT ORIENTATION PROGRAM. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | FINANCIAL AID OR ASSISTANCE IS RECEIVED FROM THE FOLLOWING GOVERNMENTAL AGENCIES: PELL GRANT PROGRAM SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS (SEOG) FEDERAL WORK STUDY PROGRAMS (FWS) PERKINS LOAN PROGRAM DEPARTMENT OF HEALTH AND HUMAN SERVICES (HHS) NATIONAL INSTITUTE OF HEALTH (NIH) HEALTH RESOURCES AND SERVICES ADMINISTRATION (HRSA) DEPARTMENT OF DEFENSE |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM SERVICES - CLINIC ABROADPROGRAM SERVICES - CLINIC ABROAD | STUDENTS TRAVEL TO HONDURAS AND THE GRENADINES TO PROVIDE CHIROPRACTIC CARE. | 253505 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES - CLINIC ABROAD | STUDENTS TRAVEL TO FIJI AND VIETNAM TO PROVIDE CHIROPRACTIC CARE. | 518650 |
| SOUTH ASIA | 0 | 0 | PROGRAM SERVICES - CLINIC ABROAD | STUDENTS TRAVEL TO INDIA TO PROVIDE CHIROPRACTIC CARE. | 518439 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES - CLINIC ABROAD | STUDENTS TRAVEL TO BRAZIL TO PROVIDE CHIROPRACTIC CARE. | 451788 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 1742382 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 1742382 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| METHOD USED TO ACCCOUNT FOR EXPENDITURES: | SCHEDULE F, PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR UNDER THE ACRRUAL METHOD. THE REPORTED EXPENDITURES INCLUDE ALL STUDENT COSTS ASSOCIATED WITH THE CLINIC ABROAD PROGRAM SUCH AS AIRFARE, GROUND TRANSPORTATION, ACCOMODATIONS, MEALS, TRAVEL/HEALTH INSURANCE, AND OTHER ADDITIONAL COSTS. THE ORGANIZATION INVOICES STUDENTS FOR ALL REPORTED EXPENDITURES. THE ORGANIZATION'S GENERAL ADMINISTRATIVE AND OPERATIONAL COSTS RELATED TO THE CLINIC ABROAD PROGRAM ARE NOT TRACKED BY REGION AND ARE NOT INCLUDED IN THE REPORTED EXPENDITURES. |
| CLINIC ABROAD PROGRAM: STUDENTS TRAVEL TO VARIOUS INTERNATIONAL LOCATIONS TO PROVIDE CHIROPRACTIC CARE TO POPULATIONS GENERALLY UNDERSERVED IN TERMS OF HEALTHCARE OPTIONS. STUDENTS ALSO LEARN ABOUT THE CULTURE AND CONDUCT FUNDRAISING ACTIVITIES TO PROVIDE MONEY AND GOODS TO LOCAL SCHOOLS, ORPHANAGES AND OTHER GROUPS IN NEED OF ASSISTANCE. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRAREN MULDER GERMAN ASSOCIATES | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 326 W 3RD STREET 800 | AddressLine1 |
| City | DAVENPORT | City |
| State | IA | State |
| ZIP Code | 528011220 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING CONSULTING | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 103580 | AmountRetainedByContractor |
| Net To Organization | -103580 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 103580 | TotalRetainedByContractors |
| Total Net To Organization | -103580 | TotalNetToOrganization |
| Licensed States | AK | LicensedStates |
| Licensed States | AZ | LicensedStates |
| Licensed States | MD | LicensedStates |
| Licensed States | NH | LicensedStates |
| Licensed States | OR | LicensedStates |
| Licensed States | WA | LicensedStates |
| Licensed States | AL | LicensedStates |
| Licensed States | AR | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | DE | LicensedStates |
| Licensed States | DC | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | HI | LicensedStates |
| Licensed States | ID | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | IN | LicensedStates |
| Licensed States | IA | LicensedStates |
| Licensed States | KS | LicensedStates |
| Licensed States | KY | LicensedStates |
| Licensed States | ME | LicensedStates |
| Licensed States | MN | LicensedStates |
| Licensed States | MS | LicensedStates |
| Licensed States | MO | LicensedStates |
| Licensed States | MT | LicensedStates |
| Licensed States | NE | LicensedStates |
| Licensed States | NV | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NM | LicensedStates |
| Licensed States | NC | LicensedStates |
| Licensed States | ND | LicensedStates |
| Licensed States | OH | LicensedStates |
| Licensed States | OK | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | RI | LicensedStates |
| Licensed States | SD | LicensedStates |
| Licensed States | TN | LicensedStates |
| Licensed States | TX | LicensedStates |
| Licensed States | UT | LicensedStates |
| Licensed States | VA | LicensedStates |
| Licensed States | VT | LicensedStates |
| Licensed States | WV | LicensedStates |
| Licensed States | WI | LicensedStates |
| Licensed States | WY | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|---|
| FOUNDATION FOR CHIROPRACTIC PROGRESS | |||||||||
| PO BOX 560 | CARMICHAEL | CA | 95609 | 202137895 | 501(C)(6) | 20200 | N/A | N/A | GENERAL FUND - TO SUPPORT MISSION OF EDUCATING THE PUBLIC ON CHRIOPRACTIC HEALTHCARE |
| QUAD CITIES RUNNING CLUB INC | |||||||||
| 2617 4TH STREET | EAST MOLINE | IL | 61244 | 460467219 | 501(C)(3) | 15000 | N/A | N/A | SPONSORSHIP - MARATHON |
| QUAD CITY TIMES BIX 7 | |||||||||
| 2685 KIMBERLY RD | BETTENDORF | IA | 52722 | 930708918 | 7325 | N/A | N/A | SPONSORSHIP - BIX RACE & EXPO | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 2 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| EDUCATIONAL GRANTS | 137 | 123914 | N/A | N/A |
| SCHOLARSHIPS | 787 | 1494348 | N/A | N/A |
| BENEFITS (GRANTS) | 17 | 139370 | N/A | N/A |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE FOUNDATION MONITORS ELIGIBILITY FOR THESE AWARDS BY ASSESSING STUDENT RECORDS, FINANCIAL NEED AND ACADEMIC PERFORMANCE. THE SCHOLARSHIP COMMITTEE REVIEWS APPLICATIONS FOR AWARDS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (15 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS TIEMEIER | |||||||||||||
| 180691 | 0 | 0 | 0 | 1290 | 0 | 14479 | 0 | 16171 | 0 | 212631 | 0 | 0 | 0 |
| DENNIS MARCHIORI DC | |||||||||||||
| 359979 | 0 | 0 | 0 | 450 | 0 | 19600 | 0 | 21861 | 0 | 401890 | 0 | 0 | 0 |
| WILLIAM MEEKER DC | |||||||||||||
| 215617 | 0 | 0 | 0 | 1635 | 0 | 16417 | 0 | 25161 | 0 | 258830 | 0 | 0 | 0 |
| ROBERT LEE | |||||||||||||
| 182134 | 0 | 0 | 0 | 2895 | 0 | 14564 | 0 | 16042 | 0 | 215635 | 0 | 0 | 0 |
| PETER MARTIN DC | |||||||||||||
| 209645 | 0 | 0 | 0 | 4633 | 0 | 16871 | 0 | 15786 | 0 | 246935 | 0 | 0 | 0 |
| KEVIN CUNNINGHAM DC | |||||||||||||
| 160193 | 0 | 0 | 0 | 940 | 0 | 10727 | 0 | 20461 | 0 | 192321 | 0 | 0 | 0 |
| CHRISTINE GOERTZ | |||||||||||||
| 227821 | 0 | 0 | 0 | 1650 | 0 | 17756 | 0 | 24686 | 0 | 271913 | 0 | 0 | 0 |
| DAN WEINERT DC | |||||||||||||
| 162203 | 0 | 0 | 0 | 905 | 0 | 13448 | 0 | 21723 | 0 | 198279 | 0 | 0 | 0 |
| ROBERT PERCUOCO DC | |||||||||||||
| 173955 | 0 | 0 | 0 | 1590 | 0 | 14207 | 0 | 19186 | 0 | 208938 | 0 | 0 | 0 |
| JAMES NOVAK | |||||||||||||
| 148014 | 0 | 0 | 0 | 295 | 0 | 11671 | 0 | 21686 | 0 | 181666 | 0 | 0 | 0 |
| JOEL PICKAR DC | |||||||||||||
| 125921 | 0 | 12727 | 0 | 1443 | 0 | 11800 | 0 | 24273 | 0 | 176164 | 0 | 0 | 0 |
| KURT WOOD DC | |||||||||||||
| 142731 | 0 | 0 | 0 | 1727 | 0 | 12075 | 0 | 20458 | 0 | 176991 | 0 | 0 | 0 |
| IAN MCLEAN DC | |||||||||||||
| 114234 | 0 | 39438 | 0 | 841 | 0 | 9450 | 0 | 19698 | 0 | 183661 | 0 | 0 | 0 |
| JAMES OWENS DC | |||||||||||||
| 148963 | 0 | 0 | 0 | 1153 | 0 | 8149 | 0 | 12981 | 0 | 171246 | 0 | 0 | 0 |
| DONALD KERN DC | |||||||||||||
| 149012 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 149012 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | FIRST CLASS OR CHARTER TRAVEL - THERE IS A TRAVEL POLICY. FIRST CLASS TRAVEL IS NOT ADDRESSED AS IT IS NORMALLY NOT PERMITTED UNDER THAT POLICY. HOWEVER, THE CURRENT CHAIRMAN OF THE BOARD OF TRUSTEES IS A RESIDENT OF ANCHORAGE, ALASKA. THE RESPONSIBILITIES OF THIS POSITION REQUIRE MORE TRAVEL THAN REGULAR BOARD MEMBERS. FLIGHT SCHEDULES AND THE TIME ZONE DIFFERENCES ATTENDING REQUIRED MEETINGS OFTEN LEAVE LITTLE TIME FOR RECOVERY FROM THE FLIGHT AND MEETING PREPARATION. THEREFORE, AS APPROVED BY THE FULL BOARD OF TRUSTEES, THE CHAIRMAN AND ONLY THE CHAIRMAN IS ALLOWED TO FLY FIRST CLASS. CHARTER TRAVEL IS ALSO NOT ADDRESSED IN THE POLICY AS AIRLINE TRAVEL IS REIMBURSED AT THE LOWEST (COACH) FARE FOR A TRIP. HOWEVER, IF MULTIPLE INDIVIDUALS ARE TRAVELING TO THE SAME LOCATION FOR THE SAME MEETING AND CHARTER TRAVEL IS LESS EXPENSIVE THAN INDIVIDUAL AIRFARES THEN CHARTER TRAVEL IS ALLOWED. IN NORMAL YEARS, CHARTER TRAVEL IS ONLY ALLOWED ONCE OR TWICE A YEAR. TRAVELS FOR COMPANIONS - FOR ONE BOARD MEETING A YEAR, SPOUSES OF BOARD MEMBERS ARE INVITED TO ATTEND A BOARD MEETING. IF A SPOUSE ATTENDS, THE COLLEGE DOES REIMBURSE THE BOARD MEMBER FOR THE SPOUSE'S TRAVEL. HOWEVER, EACH BOARD MEMBER IS PROVIDED AN IRS FORM 1099 FOR THE COST OF THAT TRAVEL. ON A LESS FREQUENT BASIS, SPOUSES OF EXECUTIVES ARE INVITED TO BOARD MEETINGS. THE COST OF THAT TRAVEL IS ADDED TO AN EMPLOYEE'S IRS FORM W-2. |
| PART I, LINE 1B | SEE EXPLANATION FOR PART 1A |
| PART I, LINE 4A | DON KERN RECEIVED EARLY RETIRMENT BENEFITS OF $140,264 AND JAMES OWENS RECEIVED A SEVERANCE PAYMENT OF $49,316. |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT LEE | NamePerson |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $1,250 | OriginalPrincipalAmount |
| Balance Due | 1021 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 0 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 1021 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| KENT PILCHER | |||
| BOARD MEMBER OF PALMER COLLEGE FOUNDATION AND PER MAR SECURITY | 917624 | PER MAR SECURITY PROVIDED SERVICES TO PALMER COLLEGE FOUNDATION | 0 |
| KENT PILCHER | |||
| BOARD MEMBER OF PALMER COLLEGE FOUNDATION AND OFFICER OF ESTES COMPANY | 417630 | ESTES COMPANY PROVIDED SERVICES TO PALMER COLLEGE FOUNDATION | 0 |
Schedule M IRS990ScheduleM
Art Historical Treasures ArtHistoricalTreasures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 6595 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | DONOR EVALUATION | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 9873 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | DONOR EVALUATION | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | CHIROPRACTIC EQUIPMENT | 20 | 13698 | FAIR MARKET VALUE |
| X | MISCELLANOEUS | 26 | 7389 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | THE NUMBER OF CONTRIBUTIONS RECEIVED | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS ONE CLASS OF MEMBERS, DENOMINATED AS "CERTIFICATE HOLDERS." THE CERTIFICATE HOLDERS MEET AT LEAST ANNUALLY. SEE ADDITIONAL EXPLANATION OF RIGHTS AND DUTIES IN RESPONSE TO FORM 990, PART VI, LINES 7A AND 7B. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS, DENOMINATED AS "CERTIFICATE HOLDERS," APPOINT EACH AND EVERY "TRUSTEE" ON THE BOARD OF TRUSTEES, THE ORGANIZATION'S GOVERNING BODY, PURSUANT TO THE FOLLOWING PROCESS. (1) EACH MEMBER OF THE BOARD OF TRUSTEES AND EACH CERTIFICATE HOLDER ARE ENTITLED TO NOMINATE AS MANY NOMINEE TRUSTEES AS THERE ARE VACANCIES ON THE BOARD OF TRUSTEES. CURRENT TRUSTEES AND CERTIFICATE HOLDERS ARE REQUIRED TO SUBMIT NOMINATIONS IN WRITING TO THE TRUSTEE DEVELOPMENT AND GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES. (2) ALL PERSONS WHOSE NAMES HAVE BEEN PROVIDED AS NOMINEES IS EVALUATED BY THE TRUSTEE DEVELOPMENT AND GOVERNANCE COMMITTEE. (3) THE TRUSTEE DEVELOPMENT AND GOVERNANCE COMMITTEE SUBMITS THE NAMES AND EVALUATIONS OF ALL NOMINEES TO THE CERTIFICATE HOLDERS. (4) TRUSTEES ARE CHOSEN BY BALLOT BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE CERTIFICATES OUTSTANDING. EACH CERTIFICATE HOLDER IS ENTITLED TO ONE VOTE. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THOSE PROVISIONS OF THE ARTICLES OF INCORPORATION AND/OR THE BYLAWS OF THE CORPORATION THAT AFFECT THE RIGHTS, POWERS AND/OR DUTIES OF THE CERTIFICATE HOLDERS, INCLUSIVE OF THE RIGHT TO ELECT CERTIFICATE HOLDERS AND TRUSTEES AND/OR DISSOLVE THE CORPORATION OR SELL ALL OF ITS ASSETS OR EFFECT A MERGER OR CONSOLIDATION, MUST BE APPROVED BY A MAJORITY VOTE OF ALL THE CERTIFICATE HOLDERS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | AFTER COMPLETION OF THE DRAFT OF THE FORM 990 BY AN EXTERNAL ACCOUNTING FIRM, THE FORM 990 DRAFT IS SHARED WITH THE VICE CHANCELLOR FOR ADMINISTRATION AND HIS STAFF FOR THEIR REVIEW AND CORRECTION OF ANY ERRORS. ONCE THOSE CORRECTIONS HAVE BEEN MADE, THE FORM 990 DRAFT IS SHARED WITH THE AUDIT COMMITTEE OF THE FOUNDATION'S BOARD OF TRUSTEES. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAS BEEN DESIGNATED AS THE COMMITTEE TO REVIEW THE FORM 990 BEFORE IT IS FILED. THE AUDIT COMMITTEE AND VICE CHANCELLOR FOR ADMINSTRATION (TREASURER) WILL MEET TO REVIEW THE DRAFT FORM 990 WITH REPRESENTATIVES OF THE ACCOUNTING FIRM WHO COMPLETED THE DRAFT FORM 990, IF CONSIDERED NECESSARY. ONCE THE DRAFT HAS BEEN REVIEWED AND ANY CORRECTIONS MADE, COPIES OF THE FORM 990 WILL BE PROVIDED TO THE FULL BOARD OF TRUSTEES. ONCE BOARD RECEIPT HAS BEEN DETERMINED, THE TREASURER WILL SIGN AND FILE THE 990 WITH THE INTERNAL REVENUE SERVICE. | |
| FORM 990, PART VI, SECTION B, LINE 12C | PALMER COLLEGE REQUIRES OFFICERS, DIRECTORS AND KEY EMPLOYEES TO COMPLETE AN ANNUAL FORM TO COMPLY WITH ITS CONFLICT OF INTEREST POLICY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD CONSIDERS SEVERAL SOURCES IN DETERMINING COMPENSATION FOR SENIOR ADMINISTRATORS SUCH AS THE ACC SURVEYS, CHRONICLE OF HIGHER EDUCATION SURVEYS, GUIDANCE FROM PROFESSIONAL COMPENSATION CONSULTANTS AND ALSO WITH SURVEYS CONDUCTED BY OUR HUMAN RESOURCES DEPARTMENT. THE BOARD OF TRUSTEES' EXECUTIVE COMMITTEE WHO, PERIODICALLY, DURING THE YEAR, MEETS TO REVIEW THE CHANCELLOR'S PERFORMANCE AND SETS THE CHANCELLOR'S COMPENSATION. ANNUALLY, THE CHANCELLOR MEETS WITH THE EXECUTIVE COMMITTEE OF THE BOARD TO REVIEW SALARIES OF THE SENIOR ADMINISTRATORS. THE CHANCELLOR SETS SENIOR ADMINISTRATORS' SALARIES WITH OVERSIGHT FROM THE BOARD OF TRUSTEES. DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MINUTES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | PALMER COLLEGE DOES NOT MAKE ITS POLICIES, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -11,378. PRIOR PERIOD ADJUSTMENTS: -6,712. LOSS ON INTEREST RATE SWAP: -552,904. TRANSFER OF COLLEGE PERKINS LOAN PROGRAMS: 528,917. DONATED HISTORICAL TREASURES RECORDED ON TAX RETURN NOT ON FINANCIALS: -6,595. TOTAL TO FORM 990, PART XI, LINE 5: -48,672. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART IV, LINE 12 AND PART XI, LINES 2B AND 2C | THE ORGANIZATION IS INCLUDED IN A CONSOLIDATED ENTITY AUDIT AND RECEIVES CONSOLIDATED GAAP FINANACIAL STATEMENTS ON AN ANNUAL BASIS FROM INDEPENDENT AUDITORS. THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. | AUDITED FINANCIAL STATEMENTS |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| PALMER COLLEGE OF CHIROPRACTIC WEST | ||||||||||
| 90 E TASMAN | SAN JOSE | CA | 95134 | 942515428 | EDUCATION | CA | 501(C)(3) | LINE 2 | PALMER COLLEGE FOUNDATION | 1 |
| PERRY HILL PROPERTIES ASSOCIATION | ||||||||||
| 1000 BRADY STREET | DAVENPORT | IA | 52803 | 421502549 | HOUSING FOR STUDENTS | IA | 501(C)(3) | LINE 9 | PALMER COLLEGE FOUNDATION | 1 |
| DR DAVID D PALMER ATHLETIC TRUST | ||||||||||
| 1000 BRADY STREET | DAVENPORT | IA | 52803 | 274313852 | FUND RAISING | IA | 501(C)(3) | LINE 11A, I | PALMER COLLEGE FOUNDATION | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| PALMER COLLEGE OF CHIROPRACTIC WEST | ||
| R | 1053764 | CASH |
| DR DAVID D PALMER ATHLETIC TRUST | ||
| C | 76257 | CASH |