Form 990 for tax year 2022

2a · Program service revenue: EMPLOYER CONTRIBUTIONS

total $4,535,812 · related or exempt $4,535,812

2b · Program service revenue: TUITION AND PROGRAM RE

total $266,383 · related or exempt $266,383

3 · Investment income

total $16,632 · excluded $16,632

11a · Other revenue: MISCELLANEOUS

total $616 · excluded $616

11e · Other revenue, total

$616

5 · Compensation of officers, directors and key employees

total $288,796 · program services $205,045 · management and general $83,751

7 · Other salaries and wages

total $1,306,045 · program services $927,292 · management and general $378,753

8 · Pension plan contributions

total $588,220 · program services $417,636 · management and general $170,584

9 · Other employee benefits

total $325,908 · program services $231,395 · management and general $94,513

10 · Payroll taxes

total $116,923 · program services $83,492 · management and general $33,431

11b · Fees: legal

total $80,004 · management and general $80,004

11c · Fees: accounting

total $35,886 · management and general $35,886

11g · Fees: other

total $96,163 · program services $55,067 · management and general $41,096

13 · Office expenses

total $97,436 · program services $69,180 · management and general $28,256

14 · Information technology

total $64,553 · management and general $64,553

16 · Occupancy

total $67,637 · program services $48,022 · management and general $19,615

17 · Travel

total $35,024 · management and general $35,024

22 · Depreciation, depletion and amortization

total $34,641 · program services $24,595 · management and general $10,046

23 · Insurance

total $46,181 · program services $32,789 · management and general $13,392

24a · Other expenses: TRAINING SUPPLIES

total $147,696 · program services $147,696

24b · Other expenses: STUDENT REIMBURSEMENT

total $52,346 · program services $52,346

24c · Other expenses: ALLOCATED ADMIN EXPENSE

total $31,482 · management and general $31,482

24d · Other expenses: GRADUATION & COURSE COM

total $14,173 · program services $10,063 · management and general $4,110

1 · Cash, non-interest-bearing

beginning of year $280,431 · end of year $312,871

2 · Savings and temporary cash investments

beginning of year $8,571,149 · end of year $895,060

4 · Accounts receivable

beginning of year $258,449 · end of year $377,495

9 · Prepaid expenses and deferred charges

beginning of year $18,362 · end of year $35,908

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

$19,599,996

10b · Land, buildings and equipment: accumulated depreciation

$1,673,738

10c · Land, buildings and equipment, net

beginning of year $3,098,314 · end of year $17,926,258

15 · Other assets

beginning of year $414,548 · end of year $431,584

17 · Accounts payable and accrued expenses

beginning of year $407,589 · end of year $3,802,715

23 · Secured mortgages and notes payable

end of year $2,552,468

25 · Other liabilities

beginning of year $0 · end of year $0

27 · Net assets without donor restrictions

beginning of year $12,233,664 · end of year $13,623,993