Skip to content
Nonprofiteer
← CHICAGO SCHOOL OF PROFESSIONAL PSYCHOLOGY INC

Form 990 for tax year 2023

Filed by CHICAGO SCHOOL OF PROFESSIONAL PSYCHOLOGY INC.

Totals

Total revenue
$41,863,124
Total expenses
$37,220,453
Contributions and grants received
$1,183,183
Grants paid
$2,173,428
Program service revenue
$35,716,076
Investment income
$4,388,273
Other revenue
$575,592
Total assets, end of year
$87,024,474
Total liabilities, end of year
$4,860,168
Net assets or fund balances, end of year
$82,164,306
Program services expenses (Part IX)
$26,192,207
Management and general expenses
$10,671,286
Fundraising expenses
$356,960
Program service expenses (Part III)
$26,192,207

Program services were 70.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $992,086

  • 1f · All other contributions, gifts and grants

    $191,097

  • 2a · Program service revenue: Tuition and Fee Revenue

    total $35,553,266 · related or exempt $35,553,266

  • 2b · Program service revenue: Other School Revenue

    total $162,810 · related or exempt $162,810

  • 3 · Investment income

    total $1,730,075 · excluded $1,730,075

  • 7a · Gross sales of assets other than inventory

    securities $36,660,077

  • 7b · Less cost or other basis and sales expenses

    securities $34,001,879

  • 7c · Gain or loss

    securities $2,658,198

  • 7d · Net gain or loss

    total $2,658,198 · excluded $2,658,198

  • 11a · Other revenue: Intercompany Revenue

    total $575,592 · excluded $575,592

  • 11e · Other revenue, total

    $575,592

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $2,173,428 · program services $2,173,428

  • 5 · Compensation of officers, directors and key employees

    total $729,455 · management and general $729,455

  • 7 · Other salaries and wages

    total $11,351,919 · program services $11,200,449 · management and general $71,400 · fundraising $80,070

  • 8 · Pension plan contributions

    total $595,909 · program services $592,998 · management and general $2,866 · fundraising $45

  • 9 · Other employee benefits

    total $943,170 · program services $910,457 · management and general $25,747 · fundraising $6,966

  • 10 · Payroll taxes

    total $851,135 · program services $825,187 · management and general $19,881 · fundraising $6,067

  • 11a · Fees: management

    total $3,533,332 · management and general $3,533,332

  • 11b · Fees: legal

    total $7,378 · management and general $7,378

  • 11f · Fees: investment management

    total $78,263 · management and general $78,263

  • 11g · Fees: other

    total $538,918 · program services $371,234 · management and general $67,068 · fundraising $100,616

  • 12 · Advertising and promotion

    total $4,786,100 · management and general $4,786,100

  • 13 · Office expenses

    total $62,774 · program services $43,389 · management and general $18,818 · fundraising $567

  • 14 · Information technology

    total $5,626 · program services $4,741 · management and general $867 · fundraising $18

  • 16 · Occupancy

    total $2,352,653 · program services $2,084,062 · management and general $261,067 · fundraising $7,524

  • 17 · Travel

    total $174,788 · program services $118,530 · management and general $49,966 · fundraising $6,292

  • 19 · Conferences, conventions and meetings

    total $147,894 · program services $126,608 · management and general $20,187 · fundraising $1,099

  • 22 · Depreciation, depletion and amortization

    total $693,715 · program services $614,540 · management and general $76,520 · fundraising $2,655

  • 24a · Other expenses: National Allocation

    total $5,131,447 · program services $4,391,492 · management and general $637,839 · fundraising $102,116

  • 24b · Other expenses: Student Services

    total $1,830,904 · program services $1,828,639 · management and general $2,265

  • 24c · Other expenses: Bad Debt

    total $133,571 · management and general $133,571

  • 24d · Other expenses: Dues and Membership

    total $52,156 · program services $46,028 · management and general $4,303 · fundraising $1,825

  • 24e · All other expenses

    total $1,045,918 · program services $860,425 · management and general $144,393 · fundraising $41,100

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $761,654 · end of year $356,130

  • 2 · Savings and temporary cash investments

    beginning of year $1,039,902 · end of year $2,425,905

  • 4 · Accounts receivable

    beginning of year $1,033,869 · end of year $1,150,587

  • 9 · Prepaid expenses and deferred charges

    beginning of year $322,005 · end of year $86,712

  • 10a · Land, buildings and equipment: cost or other basis

    $34,023,040

  • 10b · Land, buildings and equipment: accumulated depreciation

    $19,782,597

  • 10c · Land, buildings and equipment, net

    beginning of year $14,454,285 · end of year $14,240,443

  • 11 · Investments: publicly traded securities

    beginning of year $42,735,104 · end of year $5,681,010

  • 15 · Other assets

    beginning of year $25,323,826 · end of year $63,083,687

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,915,027 · end of year $1,624,100

  • 19 · Deferred revenue

    beginning of year $3,161,177 · end of year $3,236,068

  • 25 · Other liabilities

    beginning of year $1,333,010 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $77,064,089 · end of year $79,672,054

  • 28 · Net assets with donor restrictions

    beginning of year $2,197,342 · end of year $2,492,252

Mission and programs · 2023

Mission

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.

  • 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.

    Expenses $26,192,207 · Grants $2,173,428 · Revenue $35,716,076

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Michael Horowitz

    Corporate President/Trustee

    Total calculated
    $1,595,488
    From this org
    $0
    From related orgs
    $1,457,327
    Other
    $138,161
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $857,327 related
    Bonus
    $0 + $600,000 related
    Other
    $0
    Deferred
    $0 + $120,000 related
    Nontaxable benefits
    $0 + $18,161 related
    Filer's total
    $0 + $1,595,488 related

  • Michele Nealon

    Institution Pres./Trustee

    Total calculated
    $954,177
    From this org
    $0
    From related orgs
    $875,625
    Other
    $78,552
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $592,125 related
    Bonus
    $0 + $283,500 related
    Other
    $0
    Deferred
    $0 + $48,231 related
    Nontaxable benefits
    $0 + $30,321 related
    Filer's total
    $0 + $954,177 related

  • Terrence Layng

    Board Chair

    Total calculated
    $0
    Hours/week
    2 + 12 related

  • Marie Hansen

    Vice Chair

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • Victoria Dolan

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 8 related

  • Manika Turnbull

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • Jennifer Gantz

    Corporate Treasurer

    Total calculated
    $369,167
    From this org
    $0
    From related orgs
    $345,499
    Other
    $23,668
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $277,999 related
    Bonus
    $0 + $67,500 related
    Other
    $0
    Deferred
    $0 + $23,100 related
    Nontaxable benefits
    $0 + $568 related
    Filer's total
    $0 + $369,167 related

  • Shari Mikos

    Corporate Secretary

    Total calculated
    $309,795
    From this org
    $0
    From related orgs
    $284,769
    Other
    $25,026
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $231,019 related
    Bonus
    $0 + $53,750 related
    Other
    $0
    Deferred
    $0 + $20,151 related
    Nontaxable benefits
    $0 + $4,875 related
    Filer's total
    $0 + $309,795 related

  • Greg Beno

    Assistant Corporate Treasurer

    Total calculated
    $268,306
    From this org
    $0
    From related orgs
    $250,348
    Other
    $17,958
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $213,433 related
    Bonus
    $0 + $36,915 related
    Other
    $0
    Deferred
    $0 + $17,505 related
    Nontaxable benefits
    $0 + $453 related
    Filer's total
    $0 + $268,306 related

  • Donnell Bell

    Asst. Corp. Secretary (until 5/24)

    Total calculated
    $215,730
    From this org
    $0
    From related orgs
    $190,529
    Other
    $25,201
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $173,889 related
    Bonus
    $0 + $16,640 related
    Other
    $0
    Deferred
    $0 + $13,513 related
    Nontaxable benefits
    $0 + $11,688 related
    Filer's total
    $0 + $215,730 related

  • Sara Sotelo

    Assistant Corporate Secretary

    Total calculated
    $106,709
    From this org
    $0
    From related orgs
    $87,786
    Other
    $18,923
    Hours/week
    2 + 38 related

  • John Lucas

    Dean/Chief Academic Officer

    Total calculated
    $397,928
    From this org
    $368,516
    From related orgs
    $0
    Other
    $29,412
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $321,836
    Bonus
    $0
    Other
    $46,680
    Deferred
    $0
    Nontaxable benefits
    $29,412
    Filer's total
    $397,928

  • Margaret Martyn

    VP Operations

    Total calculated
    $291,154
    From this org
    $250,163
    From related orgs
    $0
    Other
    $40,991
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,163
    Bonus
    $42,000
    Other
    $0
    Deferred
    $18,042
    Nontaxable benefits
    $22,949
    Filer's total
    $291,154

  • Michael Crawford

    Campus Dean

    Total calculated
    $208,676
    From this org
    $160,417
    From related orgs
    $0
    Other
    $48,259
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,917
    Bonus
    $22,500
    Other
    $0
    Deferred
    $11,526
    Nontaxable benefits
    $36,733
    Filer's total
    $208,676

  • Todd DuBose

    Department Faculty

    Total calculated
    $175,542
    From this org
    $139,998
    From related orgs
    $0
    Other
    $35,544
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,327
    Bonus
    $3,671
    Other
    $0
    Deferred
    $10,496
    Nontaxable benefits
    $25,048
    Filer's total
    $175,542

  • Kerri Ronne

    Department Faculty

    Total calculated
    $167,266
    From this org
    $132,277
    From related orgs
    $0
    Other
    $34,989
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,826
    Bonus
    $3,451
    Other
    $0
    Deferred
    $9,956
    Nontaxable benefits
    $25,033
    Filer's total
    $167,266

  • Lynessa Rico

    Department Chair

    Total calculated
    $159,476
    From this org
    $138,228
    From related orgs
    $0
    Other
    $21,248
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,078
    Bonus
    $3,150
    Other
    $0
    Deferred
    $9,943
    Nontaxable benefits
    $11,305
    Filer's total
    $159,476

  • Deborah Solmor

    Former Corporate Secretary

    Total calculated
    $590,466
    From this org
    $0
    From related orgs
    $574,306
    Other
    $16,160
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $175,306 related
    Bonus
    $0 + $72,500 related
    Other
    $0 + $326,500 related
    Deferred
    $0 + $14,943 related
    Nontaxable benefits
    $0 + $1,217 related
    Filer's total
    $0 + $590,466 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

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: - Compensation Committee - Independent Compensation Consultant - Compensation Survey or Study - Form 990 of other organizations - Approval by the Board of Compensation Committee
Part I, Lines 4a-b
Part I, Line 4a: The following individual received severance payments in 2023. These payments are reported as taxable compensation on Part II, column b(iii): Deborah Solmor, Severance - $326,500 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.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2023
Filed
8 April 2025
IRS schema version
2023v6.0
Source object
202501059349301600

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.