2026-04-10T10:19:33-05:00 2025-05-31 420714325 RSM US LLP 30 South Wacker Dr Suite 3300 Chicago IL 606063392 990 2024-06-01 900394713 The Chicago School - California Inc CHIC 2136157200 707 Wilshire Blvd Los Angeles CA 90017 Jennifer Gantz Corporate Treasurer 3123791699 2026-04-08 1 1 Rebekuh Eley P01247672 3126343400 2026-04-08 2024 2025-03-06 01:10:19Z The Chicago School of Professional Psychology Michael Horowitz 203 N LaSalle Ste 1900 Chicago IL 60601 144429228 0 X www.TheChicagoSchool.edu X 2008 CA The Chicago School educates the next generation of change-makers in innovative theory and culturally competent practice to strengthen the integrated health of individuals, organizations, and communities. 16 14 1839 39 0 0 463198 1497817 102041270 124849531 4032565 8054756 9342040 9757906 115879073 144160010 2392293 2896487 0 0 50011254 60567668 0 0 1444544 51877468 66305119 104281015 129769274 11598058 14390736 294420910 315451630 183760712 190717737 110660198 124733893 X The Chicago School educates the next generation of change-makers in innovative theory and culturally competent practice to strengthen the integrated health of individuals, organizations, and communities. 0 0 77926502 2896487 124849531 The University is part of a network of campuses of The Chicago School. The Chicago School - California, Inc. is a California nonprofit public benefit corporation. The Chicago School and the University have been innovators in the field of psychology and related behavioral sciences for more than forty years. The University offers more than twenty degree programs. It is regionally accredited by the WASC Senior College and University Commission and is an active member of the National Council of Schools and Programs and Professional Psychology, which has recognized the University for its distinguished service. The Chicago School was the founding institution of The Community Solution, an integrated nonprofit system of six colleges and universities working together to advance student success and community impact. 77926502 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 66 0 1 1839 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 14 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 0 0 0 CA X Jennifer Gantz 3123791699 203 N LaSalle Street Suite 1900 Chicago IL 60601 Michael Horowitz Corporate President/Trustee 2.00 38.00 X X 0 1566900 181097 Michele Nealon Institution Pres./Trustee 34.00 6.00 X X 952841 0 100010 Terrence Layng Board Chair 2.00 8.00 X 0 0 0 Marie Hansen Vice Chair 2.00 0.00 X 0 0 0 Edward Bergmark Trustee 2.00 4.00 X 0 0 0 John Boyd Trustee 2.00 0.00 X 0 0 0 Daniel Diaz Trustee 2.00 0.00 X 0 0 0 Victoria Dolan Trustee 2.00 6.00 X 0 0 0 Dorothy Farris Trustee 2.00 4.00 X 0 0 0 Brian Lein Trustee 2.00 0.00 X 0 0 0 Dina Martin Trustee 2.00 0.00 X 0 0 0 Richard Osborn Trustee 2.00 0.00 X 0 0 0 Eloisa Perard Trustee 2.00 0.00 X 0 0 0 Sian Seligman Trustee 2.00 0.00 X 0 0 0 Efrain Talamantes Trustee 2.00 0.00 X 0 0 0 Manika Turnbull Trustee 2.00 2.00 X 0 0 0 Jennifer Gantz Corporate Treasurer/CFO 2.00 38.00 X 0 375738 24740 Shari Mikos Corporate Secretary 2.00 38.00 X 0 339858 28735 Greg Beno Asst. Corp. Treasurer 2.00 38.00 X 0 257592 18468 Sara Sotelo Asst. Corp. Secretary 2.00 38.00 X 0 93494 19684 Elisa Davis Assistant Secretary 2.00 38.00 X 0 49184 3895 Michael Falotico Chief Operating Officer 40.00 0.00 X 299943 0 61372 Theodore Scholz Chief Academic Officer 40.00 0.00 X 269287 0 59177 Christopher Reeder Sr. Assoc. Dean, Clinical Education 40.00 0.00 X 327595 0 33171 William Brown Provost 40.00 0.00 X 273522 0 19580 Elizabeth Brown Chief of Staff 40.00 0.00 X 259259 0 27916 Monica Kinde Sr. Assoc. Dean, Pre-Clinical Affs. 40.00 0.00 X 230899 0 14091 John Lucas Dean/Chief Academic Officer 0.00 40.00 X 603343 0 54873 3216689 2682766 646809 200 0 1 0 Pacific Builders Inc 7950 Legacy Dr Suite 150 Plano TX 75024 Construction Services 2012345 RDG Planning & Design Inc 301 Grand Ave Des Moines IA 50309 Construction Services 1915514 Skender Construction LLC 1330 W Fulton St Suite 200 Chicago IL 60607 Construction Services 1823624 Alston & Bird LLP 1201 W Peach Tree Street Atlanta GA 30309 Legal Services 558235 Pearson Assessments 13036 Collections Center Dr Chicago IL 60693 Software/Licensing 437586 22 1261694 236123 97617 1497817 Tuition & Fee Revenue 611310 124609786 124609786 Other School Revenue 611310 239745 239745 124849531 8323974 8323974 269218 -269218 -269218 -269218 Intercompany Revenue 900099 9757906 9757906 9757906 144160010 124849531 0 17812662 2896487 2896487 1877208 355674 1521534 48154883 43620808 3833425 700650 2562122 2260888 271943 29291 4388127 3588794 716109 83224 3585328 3295907 244756 44665 14396921 14396921 1533593 1533593 5718 5718 238843 238843 917974 478887 188043 251044 18469653 18469653 816878 317821 471953 27104 502687 459557 21749 21381 5090867 4561336 512098 17433 1093237 633497 406556 53184 524539 397758 91046 35735 2133562 2133562 2777973 2534688 232665 10620 893904 893904 Student Services 8768343 8646764 82027 39552 Bad Debt Expense 2899520 2899520 Chicago Allocation 575592 575592 Dues and Memberships 187226 107335 68195 11696 4478089 3770301 588823 118965 129769274 77926502 50398228 1444544 1352525 3219416 88864971 64827453 109749 204825 2694125 4736802 822763 737819 94996458 16371045 47690583 78625413 51483410 52441083 54360136 57556089 47042648 53102730 294420910 315451630 9995489 17509255 13663977 14700633 83885593 80461046 76215653 78046803 183760712 190717737 X 110512496 124513605 147702 220288 110660198 124733893 294420910 315451630 X 14390736 2069644 -2386685 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 345739 0 0 345739 0 Part II-B, Line 1: The University retains a law firm for lobbying purposes and contact with government officials. 42215842 2484572 44700414 70013651 1611737 29409546 42215842 70079107 -65456 70013651 74288133 -4209026 70079107 56684298 17671585 67750 74288133 0.94120 0.05880 0.00000 0 1 1 11440000 11440000 27223501 835206 26388295 22099806 11494418 10605388 1652603 1571930 80673 32580548 2469491 30111057 78625413 Investments Held In Escrow 57556089 C 57556089 Deposits 1653982 Retirement Plan Assets 788411 Preferred Stock - KHSC 34395000 Dividend Receivable on Preferred Stock 3631998 Right-of-use Assets 12633339 53102730 Retirement Plan Liabilities 788411 Due to Affiliates 58492103 Right-of-use Liabilities 18766289 78046803 X Part V, Line 4: The intended use of The Chicago School - California, Inc. (the University's) endowment fund is for its program services. Part X, Line 2: The University 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 financial statements. Under this guidance, the University 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 University and various positions related to the potential sources of unrelated business taxable income. There were no unrecognized tax benefits identified or recorded as liabilities for the years ended May 31, 2025 and 2024. The University files Form 990 annually in the U.S. federal jurisdiction and in its respective state or district, if applicable. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The Chicago School - California, Inc.'s nondiscrimination policies are published in the academic catalog, student handbook, and admissions policies, which are available to the public via the institution's website. Schedule E, Part I, Line 6 The Chicago School - California, Inc. receives funds from the US Department of Education for several student financial assistance programs, including the Federal Direct Stafford Loan Program, Federal Direct Grad Plus Loan Program, Federal Direct Plus Loan Program, Federal Pell Grant Program, Federal Supplemental Education Opportunity Grant Program, and Federal Work-Study Program. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 1 Program Services Independent Contractor 370 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 1 Program Services Vendor 5200 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 1 Program Services Independent Contractor 11775 North America - Canada and Mexico, but not the United States 0 2 Program Services Vendor 3857 South America - Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, 0 1 Program Services Independent Contractor 1000 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, 0 2 Program Services Study Abroad 102020 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, 0 1 Program Services Independent Contractor 23349 0 9 0 0 0 9 147571 0 147571 0 0 0 0 0 0 1 Fellowships/Scholarships 821 2896487 Part I, Line 2: The Chicago School - California, Inc. provides institutional aid in the form of scholarships, fellowships, and grants to new and continuing students. The awarding of institutional aid depends on factors such as recommendations, academic standing, and other criteria related to admission or participation in a program. The Chicago School maintains records of institutional aid awards, criteria for awarding institutional aid, and evidence of the criteria for institutional aid being met by recipients. 0 1 0 0 0 0 0 1 0 Michael Horowitz Corporate President/Trustee 0 936900 0 630000 0 0 0 162292 0 18805 0 1747997 0 0 Michele Nealon Institution Pres./Trustee 652841 0 300000 0 0 0 69000 0 31010 0 1052851 0 0 0 John Lucas Dean/Chief Academic Officer 603343 0 0 0 0 0 24150 0 30723 0 658216 0 0 0 Jennifer Gantz Corporate Treasurer/CFO 0 304863 0 70875 0 0 0 24150 0 590 0 400478 0 0 Shari Mikos Corporate Secretary 0 277358 0 62500 0 0 0 24002 0 4733 0 368593 0 0 Michael Falotico Chief Operating Officer 228876 0 71067 0 0 0 22183 0 39189 0 361315 0 0 0 Christopher Reeder Sr. Assoc. Dean, Clinical Education 312595 0 15000 0 0 0 9935 0 23236 0 360766 0 0 0 Theodore Scholz Chief Academic Officer 204127 0 65160 0 0 0 20034 0 39143 0 328464 0 0 0 William Brown Provost 216822 0 56700 0 0 0 19121 0 459 0 293102 0 0 0 Elizabeth Brown Chief of Staff 204059 0 55200 0 0 0 18281 0 9635 0 287175 0 0 0 Greg Beno Asst. Corp. Treasurer 0 225050 0 32542 0 0 0 18001 0 467 0 276060 0 0 Monica Kinde Sr. Assoc. Dean, Pre-Clinical Affs. 219899 0 11000 0 0 0 8626 0 5465 0 244990 0 0 0 Part I, Line 3 The Chicago School - California, Inc., with support from a related organization, TCS Education System, used one or more of the methods described below to establish the top management official's compensation: - Executive Committee - Independent Compensation Consultant - Compensation Survey or Study - Form 990 of other organizations - Approval by the Board of Executive Committee Part I, Line 4b TCS Education System provides a supplemental deferred compensation plan for certain executives. The following individuals participate in the plan: - Michael Horowitz - Michele Nealon Part I, Line 7 The target opportunity for the discretionary award is established through market compensation and internal policy so as to relate pay, performance and rewards. Upon reviewing annual performance, the Executive Committee of the Board of Trustees determines results and the granting of discretionary awards, if any. A Illinois Finance Authority - Series 2024 861091967 45204FYC3 2024-05-29 84999031 Building Purchase/Renovation 0 0 0 A 2995000 84999031 1109915 47685435 36203681 2025 0 0 0 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 1 97617 Fair Market Value 0 1 0 Part I, Column (b): Is the number of contributions Form 990, Part VI, Section A, line 6 The TCS Education System ("TCS ES") is the sole corporate member of The Chicago School - California, Inc. ("TCS CA"). Form 990, Part VI, Section A, line 7a The Member has the authority to consent to the election of persons to membership on the Board of Trustees, this shall apply to any removal of a member of the Board. Form 990, Part VI, Section A, line 7b The following powers and responsibilities are reserved unto the corporate member, TCS Education System: a. The authority of the Member to consent to a change in the Purpose of the Corporation. b. The authority of the Member to consent to a change in the legal entity or tax structure of the Corporation. c. The authority of the Member to amend the Articles of Incorporation or Bylaws. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent accounting firm (RSM US LLP) along with the advice of the management and attorneys of the organization. The Form 990 is made available to the board members prior to filing. Form 990, Part VI, Section B, line 12c An Interested Person must annually disclose the existence of the facts and circumstances of any conflict of interest to either 1) the Board members and members of Board committees or 2) Human Resources with respect to any action or proposed action that gives rise to the conflict of interest. Pending review and resolution by the Board or the Governance Committee or Human Resources, the Interested Person shall be excluded from any deliberations or action concerning conflicts of the matter that gives rise to the conflict of interest. Each Board member, corporate officer, Board committee members and key employee shall annually sign a statement that affirms that such person a) has received a copy of the conflict-of-interest policy, b) has read and understands the policy, c) has agreed to comply with the policy, d) understands that the Corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. Form 990, Part VI, Section B, line 15 Each Board's Executive Committee reviews and approves the compensation of certain executives of the Corporation to determine that it is just and reasonable. The Executive Committee, in coordination with TCS Education System, shall conduct or cause to be conducted an analysis of the compensation to be paid to the executive as compared to other executives in similar positions with similar organizations. The Executive Committee engages an outside independent compensation consultant to benchmark salaries and benefits. Executive salaries are reviewed and approved by each Board's Executive Committee with the assistance of a benefits consulting firm (Pearl Meyer) that provides recommendations based on comparative data with other organizations. The Board documents the basis of all compensation determinations in the records of the Board. Form 990, Part VI, Section C, line 19 Financial information as well as governance documents, which include the conflict of interest policy, are not made available to the public. Form 990, Part XI, line 9: Dividend on Preferred Stock in Affiliate 1,456,635. Transfer of net assets between entities under common control -3,843,320. The Chicago School of Professional Psychology 325 North Wells Chicago IL 60654 363005527 Education IL 501(c)(3) Line 2 The Chicago School - California Inc 1 TCS Education System 203 N LaSalle Street Suite 1900 Chicago IL 60601 270717860 Supporting Organization IL 501(c)(3) Line 12b, II N/A 0 The Chicago School - Washington DC Inc 1101 K Street NW Washington DC 20005 800477644 Education DC 501(c)(3) Line 2 The Chicago School - California Inc 1 Pacific Oaks Education Corporation 45 Eureka Street Pasadena CA 91103 951716809 Education CA 501(c)(3) Line 2 TCS Education System 1 The Colleges of Law 4475 Market Street Ventura CA 93003 952592468 Education CA 501(c)(3) Line 2 TCS Education System 1 TCS Education - Texas Inc 6275 W Plano Pkwy Suite 130 Plano TX 75093 364769956 Education TX 501(c)(3) Line 2 The Chicago School - California Inc 1 Saybrook University 55 Eureka Street Pasadena CA 91103 942155109 Education CA 501(c)(3) Line 2 TCS Education System 1 Kansas Health Science University Inc 217 E Douglas Avenue Wichita KS 67202 825178988 Education KS 501(c)(3) Line 2 TCS Education System 1 University of Western States 8000 NE Tillamook Street Portland OR 97213 930309970 Education OR 501(c)(3) Line 2 TCS Education System 1 University of Western States Health Care Incorporated 8000 NE Tillamook Street Portland OR 97213 851407679 Health Care OR N/A C 1 0 0 0 1 0 1 0 0 1 0 0 1 1 0 0 1 1 0 0 Kansas Health Science University Inc F 1456635 Actual TCS Education - Texas Inc I 12093999 Actual The Chicago School - Washington DC Inc I 8250679 Actual The Chicago School of Professional Psychology L 8032155 Actual The Chicago School - Washington DC Inc L 623040 Actual TCS Education - Texas Inc L 269770 Actual The Chicago School of Professional Psychology P 24383029 Actual The Chicago School - Washington DC Inc Q 4544183 Actual TCS Education - Texas Inc Q 2633234 Actual Schedule R, Part II: The Chicago School - Washington D.C., Inc. 80-0477644 dissolved on November 7, 2024. TCS Education - Texas, Inc. 36-4769956 dissolved on November 4, 2024.