2026-04-10T10:32:59-05:00 2025-05-31 420714325 RSM US LLP 30 South Wacker Dr Suite 3300 Chicago IL 606063392 990 2024-06-01 363005527 The Chicago School of Professional Psychology CHIC 3123296600 325 North Wells Chicago IL 60654 Jennifer Gantz Corporate Treasurer 3123296600 2026-04-08 1 1 Rebekuh Eley P01247672 3126343400 2026-04-08 2024 2025-03-06 01:10:19Z Michael Horowitz 203 N LaSalle Ste 1900 Chicago IL 60601 35544130 0 X www.TheChicagoSchool.edu X 1979 IL 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. 6 4 26 10 0 0 1183183 1819779 35716076 32798600 4388273 349677 575592 575592 41863124 35543648 2173428 1913346 0 0 14471588 16138859 0 0 399411 20575437 22295030 37220453 40347235 4642671 -4803587 87024474 81988762 4860168 4406086 82164306 77582676 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 26067575 1913346 32798600 The University is part of a network of campuses of The Chicago School. The Chicago School is made up of The Chicago School - California, Inc., a California nonprofit public benefit corporation, and the nonprofit campus entities of which The Chicago School - California, Inc. is the sole corporate member, including the University. 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. 26067575 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 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 0 0 0 1 66 0 1 26 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 6 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X Jennifer Gantz 3123791699 203 N LaSalle Ste 1900 Chicago IL 60601 Michael Horowitz Corporate President/Trustee 2.00 38.00 X X 0 1566900 181097 Michele Nealon Institution Pres./Trustee 2.00 38.00 X X 0 952841 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 Victoria Dolan Trustee 2.00 6.00 X 0 0 0 Manika Turnbull Trustee 2.00 2.00 X 0 0 0 Jennifer Gantz Corporate Treasurer 2.00 38.00 X 0 375738 24740 Shari Mikos Corporate Secretary 2.00 38.00 X 0 339858 28735 Greg Beno Assistant Corporate Treasurer 2.00 38.00 X 0 257592 18468 Sara Sotelo Assistant Corporate Secretary 2.00 38.00 X 0 93494 19684 Elisa Davis Assistant Secretary 2.00 38.00 X 0 49184 3895 John Lucas Dean/Chief Academic Officer 40.00 0.00 X 0 603343 54873 Michael Russell Executive Director, Forensic Center 40.00 0.00 X 138359 0 22959 Ana Belmonte Division Chair 40.00 0.00 X 129421 0 22329 Casey Sharpe Department Faculty 40.00 0.00 X 117920 0 8907 Rebecca Gilley Staff Psychologist 40.00 0.00 X 103447 0 11171 489147 4238950 496868 4 0 1 0 RW Collins Co 7255 W 66th St Chicago IL 60638 Construction Services 431980 Clune Construction Company LP 10 S Riverside Plaza Suite 2200 Chicago IL 60606 Construction Services 385746 Alston & Bird LLP 1201 Peachtree Street Atlanta GA 30309 Legal Services 270323 American Osteopathic Association 142 East Ontario Finance Department Chicago IL 60611 Annual Fees 214000 Universal Protection Service LP 161 Washington Street Suite 600 Conshohocken PA 19428 Security Services 169025 9 1627451 192328 1819779 Tuition and Fee Revenue 611310 32726878 32726878 Other School Revenue 611310 71722 71722 32798600 349695 349695 464 482 -18 -18 -18 Intercompany Revenue 900099 575592 575592 575592 35543648 32798600 0 925269 1913346 1913346 711213 711213 12770459 10269150 2350101 151208 664660 577499 82188 4973 1064498 823645 225160 15693 928029 761826 154926 11277 3674801 3674801 3220 3220 5125 5125 499865 281676 112634 105555 4682120 4682120 176569 48793 126872 904 39049 7990 31045 14 844082 750954 90258 2870 267534 49334 214562 3638 166314 116683 45692 3939 726711 648822 74963 2926 National Allocation 8032155 7037837 901812 92506 Student Services 1939198 1926532 12663 3 Bad Debt 176394 176394 Dues and Membership 120558 38029 81328 1201 941335 815459 123172 2704 40347235 26067575 13880249 399411 356130 440074 2425905 3613454 1150587 1228960 86712 95741 32010454 18210152 14240443 13800302 5681010 5059970 63083687 57750261 87024474 81988762 1624100 1479875 3236068 2926211 4860168 4406086 X 79672054 74899458 2492252 2683218 82164306 77582676 87024474 81988762 -4803587 221957 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42215842 2484572 44700414 70013651 1611737 29409546 42215842 70079107 -65456 70013651 74288133 -4209026 70079107 56684298 17671585 67750 74288133 0.94120 0.05880 0.00000 0 0 24564366 11030176 13534190 2146239 2120057 26182 5299849 5059919 239930 13800302 Due from Affiliates 57568008 Deposits 182253 57750261 X Part V, Line 4: The intended use of The Chicago School's (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. 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'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 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, and Federal Work-Study Program. Europe (Including Iceland & Greenland) 0 1 Program Services Vendor 182253 Europe (Including Iceland & Greenland) 0 1 Program Services Study Abroad 170 0 2 0 0 0 2 182423 0 182423 0 0 0 0 0 0 1 Fellowships/Scholarships 275 1913346 Part I, Line 2: The Chicago School 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 0 652841 0 300000 0 0 0 69000 0 31010 0 1052851 0 0 John Lucas Dean/Chief Academic Officer 0 603343 0 0 0 0 0 24150 0 30723 0 658216 0 0 Jennifer Gantz Corporate Treasurer 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 Greg Beno Assistant Corporate Treasurer 0 225050 0 32542 0 0 0 18001 0 467 0 276060 0 0 Michael Russell Executive Director, Forensic Center 120693 0 6190 0 11476 0 9989 0 12970 0 161318 0 0 0 Ana Belmonte Division Chair 125821 0 3600 0 0 0 9364 0 12965 0 151750 0 0 0 Part I, Line 3 The Chicago School, 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. Form 990, Part VI, Section A, line 6 The Chicago School - California, Inc. ("TCS CA") is the sole corporate member of The Chicago School. 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, The Chicago School - California, Inc.: a. The authority of the Member to appoint persons to membership on the Board of Directors and shall consent to any removal of a director of the Board. b. The authority of the Member to appoint officers of the Corporation. c. The authority of the Member to consent to a change in the Mission or Purpose of the Corporation. d. The authority of the Member to consent to a change in the legal entity or tax structure of the Corporation. e. The authority of the Member to approve amendments or revisions to the Articles of Incorporation or Bylaws. f. The authority of the Member to enter into any mortgage, deed of trust, pledge or other hypothecation of all or any part of the Corporation's property, real or personal, for the purpose of securing the payment or performance of any contract or obligation. g. The authority of the Member to approve any Board decision to sell all or substantially all of the Corporation's assets. h. The authority of the Member to enter into any merger or consolidation of the Corporation. 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 posted to a secure web portal, allowing members to review and offer commentary prior to the filing of the Form 990. 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 for all compensation determination in the records of the Board. Form 990, Part VI, Section C, line 19 The financial information as well as governance documents, which include the conflict of interest policy, are not made available to the public. The Chicago School - California Inc 707 Wilshire Boulevard Los Angeles CA 90017 900394713 Education CA 501(c)(3) Line 2 TCS Education System 0 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 0 The 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 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 0 Kansas Health Science University Inc 217 E Douglas Avenue Wichita KS 67202 825178988 Education KS 501(c)(3) Line 2 TCS Education System 0 University of Western States 8000 NE Tillamook Street Portland OR 97213 930309970 Education OR 501(c)(3) Line 2 TCS Education System 0 University of Western States Health Care Incorporated 8000 NE Tillamook Street Portland OR 97213 851407679 Health Care OR N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 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.