Chicago School Of Professional Psychology Inc
- Assets
- $82.7m
- Revenue
- $37.0m
- Investments
- $0.0
- Employees
- 519
- Location
- Chicago, IL
- Founding
- 08/1980
- Data as of
- 05/2022
- EIN
- 36-3005527
Organization Overview
Chicago School Of Professional Psychology Inc is located in Chicago, IL. The organization was established in 1980. As of 05/2022, Chicago School Of Professional Psychology Inc employed 519 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 05/2022, Chicago School Of Professional Psychology Inc generated $37.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $33.8m during the year ending 05/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
INTEGRATING THEORY, PRACTICE, & INNOVATION, THE CHICAGO SCHOOL OF PROFESSIONAL PSYCHOLOGY PROVIDES AN EXCELLENT EDUCATION FOR CAREERS IN PSYCHOLOGY & RELATED BEHAVIORAL & HEALTH SCIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLEGE IS PART OF A NETWORK OF CAMPUSES OF THE CHICAGO SCHOOL (TCSPP). TCSPP 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 COLLEGE. TCSPP 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. TCSPP AND THE COLLEGE HAVE BEEN INNOVATORS IN THE FIELD OF PSYCHOLOGY AND RELATED BEHAVIORAL SCIENCES FOR MORE THAN FORTY YEARS. THE COLLEGE 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 COLLEGE FOR ITS DISTINGUISHED SERVICE AND OUTSTANDING CONTRIBUTIONS TO CULTURAL DIVERSITY AND ADVOCACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Martyn Campus Dean | Officer | 40 | $219,162 |
Michael Kocet Department Chair | 40 | $149,440 | |
Keith Carroll Department Faculty | 40 | $141,262 | |
Annemarie Slobig Department Chair | 40 | $140,522 | |
George Hay Department Chair | 40 | $129,226 | |
Jennifer Thompson Department Faculty | 40 | $127,220 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alston & Bird Llp Legal | 5/30/22 | $233,512 |
Best Quality Facility Services Llc Building Maintenance | 5/30/22 | $119,649 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,733,879 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,024 |
| Noncash contributions included in lines 1a–1f | $14,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,773,903 |
| Total Program Service Revenue | $33,478,505 |
| Investment income | $996,879 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,971 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,980,422 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,108,888 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $264,444 |
| Compensation of current officers, directors, key employees. | $88,139 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,529,040 |
| Pension plan accruals and contributions | $639,380 |
| Other employee benefits | $808,682 |
| Payroll taxes | $911,775 |
| Fees for services: Management | $3,363,769 |
| Fees for services: Legal | $103,352 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,366 |
| Fees for services: Other | $193,979 |
| Advertising and promotion | $3,295,853 |
| Office expenses | $66,009 |
| Information technology | $285 |
| Royalties | $0 |
| Occupancy | $2,828,929 |
| Travel | $16,945 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $128,934 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $731,135 |
| Insurance | $0 |
| All other expenses | $795,713 |
| Total functional expenses | $33,842,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,162,761 |
| Savings and temporary cash investments | $1,257,825 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,134,968 |
| 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 | $317,972 |
| Net Land, buildings, and equipment | $15,179,655 |
| Investments—publicly traded securities | $42,461,866 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,148,718 |
| Total assets | $82,663,765 |
| Accounts payable and accrued expenses | $2,112,716 |
| Grants payable | $0 |
| Deferred revenue | $4,019,104 |
| 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 | $244,621 |
| Total liabilities | $6,376,441 |
| Net assets without donor restrictions | $74,033,733 |
| Net assets with donor restrictions | $2,253,591 |
| 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 | $82,663,765 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chicago School Of Professional Psychology Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Mashhoon Family Foundation Vernon, CA PURPOSE: PROMOTE HIGHER EDUCATION. | $5,000 |
Endowment Analysis
| Beg. Balance | $74,288,133 |
| Earnings | -$4,209,026 |
| Ending Balance | $70,079,107 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adler University Chicago, IL | $54,030,129 | $55,024,940 |
Chicago School Of Professional Psychology Inc Chicago, IL | $82,663,765 | $36,980,422 |
Knowledge Systems Institute Skokie, IL | $4,784,252 | $332,546 |
Alpha Chi Sigma Educational Foundation Indianapolis, IN | $1,089,828 | $100,979 |
Missouri Veterinary Educational Service Columbia, MO | $112,865 | $7,635 |