Life Chiropractic College West
- Assets
- $30.6m
- Revenue
- $21.8m
- Investments
- $191.1k
- Employees
- 367
- Location
- Hayward, CA
- Founding
- 02/1978
- Data as of
- 06/2020
- EIN
- 94-2382546
Organization Overview
Life Chiropractic College West is located in Hayward, CA. The organization was established in 1978. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, Life Chiropractic College West employed 367 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Chiropractic College West 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 06/2020, Life Chiropractic College West generated $21.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $22.5m during the year ending 06/2020. While expenses have increased by 1.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION OF CHIROPRACTIC STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLEGE OFFERS COURSES FOR AN AVERAGE OF 600 STUDENTS EACH QUARTER, WHICH LEADS TO A DOCTORATE OF CHIROPRACTIC AND CANDIDACY DEGREE FOR UNDERGOING STATE LICENSURE TESTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Oberstein President | Officer | 40 | $400,278 |
Scott Donaldson Secretary / Provost/vp Of Health Center | Officer | 40 | $224,716 |
Angelito Tolentino Chief Financial Officer | Officer | 40 | $207,840 |
Mark Zeigler Vice President Institutional Advancement | Officer | 40 | $206,554 |
Anatole Bogatski Executive Vice President | Officer | 40 | $191,940 |
Adriaan Ferris Athletics Director | 40 | $140,358 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mccoy Bohm Corp Dba Alarcon Bohm Builders/contractors | 6/29/21 | $298,943 |
South County Security Services Inc Security Services | 6/29/21 | $150,694 |
Abm Building Solutions Llc Maintenance Services | 6/29/21 | $148,227 |
Varsity Technology It Services | 6/29/21 | $422,492 |
Enviro Clean Maintenance Solutions Janitorial Services | 6/29/21 | $248,140 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $352,631 |
| Investment income | $5,533 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $53,960 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,817,689 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $339,643 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,612,967 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,705,522 |
| Pension plan accruals and contributions | $132,359 |
| Other employee benefits | $1,367,273 |
| Payroll taxes | $928,250 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $66,887 |
| Fees for services: Accounting | $60,092 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $440,195 |
| Advertising and promotion | $240,018 |
| Office expenses | $696,208 |
| Information technology | $735,384 |
| Royalties | $0 |
| Occupancy | $2,018,264 |
| Travel | $525,249 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $659,106 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,460,052 |
| Insurance | $90,839 |
| All other expenses | $0 |
| Total functional expenses | $22,501,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,120,971 |
| Savings and temporary cash investments | $1,891,470 |
| Pledges and grants receivable | $957,967 |
| Accounts receivable, net | $503,115 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $369,514 |
| Prepaid expenses and deferred charges | $288,634 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $191,117 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $99,554 |
| Total assets | $30,632,289 |
| Accounts payable and accrued expenses | $1,459,069 |
| Grants payable | $0 |
| Deferred revenue | $933,470 |
| 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 | $15,545,068 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,937,607 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $12,694,682 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Life Chiropractic College West has recieved totaling $25,366.
| Awarding Organization | Amount |
|---|---|
Ncmic Foundation Inc Clive, IA PURPOSE: RESEARCH GRANT | $20,000 |
Leo Adler Community Fdn Tr 2429000-01 Portland, OR PURPOSE: GENERAL SUPPORT | $3,000 |
Martha K Hall Educational Trust 1-05183-00 Nect Milwaukee, WI PURPOSE: SCHOLARSHIPS | $2,215 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $151 |
Endowment Analysis
| Beg. Balance | $748,315 |
| Ending Balance | $748,315 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Western School Of Law San Diego, CA | $69,688,098 | $48,863,777 |
Keck Graduate Institute Claremont, CA | $121,856,519 | $41,890,021 |
Marshall B Ketchum University Fullerton, CA | $105,970,455 | $47,583,305 |
Thunderbird School Of Global Management Phoenix, AZ | $4,648,363 | $22,980,212 |
Southern California University Of Health Sciences Whittier, CA | $39,889,743 | $44,008,074 |
Palo Alto University Inc Palo Alto, CA | $37,743,432 | $38,449,514 |
Uc Berkeley Center For Executive Education Berkeley, CA | $14,411,646 | $24,161,289 |
Life Chiropractic College West Hayward, CA | $30,632,289 | $21,817,689 |
Fielding Graduate University Santa Barbara, CA | $38,250,030 | $25,475,508 |
Saybrook University Pasadena, CA | $17,039,418 | $21,644,889 |
Southwest College Of Naturopathic Medicine And Health Science Inc Tempe, AZ | $29,642,803 | $19,296,647 |
Multnomah University Portland, OR | $31,830,186 | $15,256,009 |