Chicago School Of Professional Psychology Inc
- Assets
- $85.7m
- Revenue
- $39.3m
- Investments
- $0.0
- Employees
- 521
- Location
- Chicago, IL
- Founding
- 08/1980
- Data as of
- 05/2023
- EIN
- 36-3005527
Organization Overview
Chicago School Of Professional Psychology Inc is located in Chicago, IL. The organization was established in 1980. As of 05/2023, Chicago School Of Professional Psychology Inc employed 521 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago School Of Professional Psychology Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, Chicago School Of Professional Psychology Inc generated $39.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $35.1m during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 IS AN ACCREDITED INSTITUTION WITH MORE THAN 6,000 STUDENTS AT CAMPUSES ACROSS THE COUNTRY AND MORE THAN 1,200 STUDENTS AT THE CHICAGO, ILLINOIS CAMPUS ALONE. 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 WESTERN ASSOCIATION OF SCHOOLS & COLLEGES 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 AND OUTSTANDING CONTRIBUTIONS TO CULTURAL DIVERSITY AND ADVOCACY. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Nealon Institution Pres./trustee | OfficerTrustee | 2 | $0 |
Terrence Layng Board Chair | Trustee | 2 | $0 |
Marie Hansen Vice Chair | Trustee | 2 | $0 |
Victoria Dolan Trustee | Trustee | 2 | $0 |
Manika Turnbull Trustee | Trustee | 2 | $0 |
Michael Horowitz Corporate President | Officer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alston & Bird Llp Legal Services | 5/30/23 | $376,305 |
Best Quality Facility Services Llc Building Maintenance | 5/30/23 | $129,411 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $919,630 |
| All other contributions, gifts, grants, and similar amounts not included above | $121,757 |
| Noncash contributions included in lines 1a–1f | $2,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,041,387 |
| Total Program Service Revenue | $36,495,673 |
| Investment income | $1,013,075 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $417,803 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,286,382 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,825,130 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $304,825 |
| Compensation of current officers, directors, key employees. | $101,598 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,724,909 |
| Pension plan accruals and contributions | $664,937 |
| Other employee benefits | $952,151 |
| Payroll taxes | $887,573 |
| Fees for services: Management | $3,478,419 |
| Fees for services: Legal | $191,316 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $76,819 |
| Fees for services: Other | $293,138 |
| Advertising and promotion | $3,741,538 |
| Office expenses | $51,444 |
| Information technology | $1,117 |
| Royalties | $0 |
| Occupancy | $2,845,638 |
| Travel | $92,896 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $122,629 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $729,351 |
| Insurance | $0 |
| All other expenses | $1,247,018 |
| Total functional expenses | $35,124,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $761,654 |
| Savings and temporary cash investments | $1,039,902 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,033,869 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $322,005 |
| Net Land, buildings, and equipment | $14,454,285 |
| Investments—publicly traded securities | $42,735,104 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,323,826 |
| Total assets | $85,670,645 |
| Accounts payable and accrued expenses | $1,915,027 |
| Grants payable | $0 |
| Deferred revenue | $3,161,177 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,333,010 |
| Total liabilities | $6,409,214 |
| Net assets without donor restrictions | $77,064,089 |
| Net assets with donor restrictions | $2,197,342 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $85,670,645 |