Ross Education Holdings Inc
- Assets
- $33.4m
- Revenue
- $25.8m
- Investments
- $0.0
- Employees
- 729
- Location
- Clinton Township, MI
- Founding
- Data as of
- 06/2021
- EIN
- 86-1846791
Organization Overview
Ross Education Holdings Inc is located in Clinton Township, MI. As of 06/2023, Ross Education Holdings Inc employed 729 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ross Education Holdings Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE THE HIGHEST QUALITY EDUCATION POSSIBLE TO INDIVIDUALS SEEKING A CAREER IN HEALTHCARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROSS MEDICAL EDUCATION CENTERRMEC OPERATES SCHOOL LOCATIONS PREDOMINANTLY IN MICHIGAN, OHIO, INDIANA, WEST VIRGINIA, TENNESSEE, ALABAMA AND KENTUCKY AS A POST-SECONDARY SCHOOL, OFFERING COURSES IN MEDICAL ASSISTANT, DENTAL ASSISTANT, NURSING ASSISTANT AND VETERINARY ASSISTANT. RMEC IS ACCREDITED BY THE ACCREDITING BUREAU OF HEALTH EDUCATION SCHOOLS. ROSS COLLEGE ON-GROUNDRC ON-GROUND OPERATES SCHOOL LOCATIONS PREDOMINANTLY IN MICHIGAN, OHIO, IOWA AND KENTUCKY AS A POST-SECONDARY SCHOOL OFFERING COURSES IN MEDICAL ASSISTANT, DENTAL ASSISTANT, NURSING ASSISTANT, VETERINARY ASSISTANT, VETERINARY TECHNOLOGY, OCCUPATIONAL THERAPY ASSISTANT, NURSING AND PRACTICAL NURSING. RC ON-GROUND IS ACCREDITED BY THE ACCREDITING BUREAU OF HEALTH EDUCATION SCHOOLS.ROSS COLLEGE ON-LINERC ON-LINE OPERATES AS A POST-SECONDARY SCHOOL THOUGH ITS ON-LINE STUDENT MANAGEMENT SYSTEM, OFFERING SIX ONLINE DEGREE PROGRAMS. THE INSTITUTION OFFERS A DEGREE COMPLETION PROGRAM ONLINE WHERE STUDENTS CAN EARN A MEDICAL ASSISTANT ASSOCIATE OF APPLIED SCIENCE DEGREE. RC ON-LINE ALSO OFFERS ASSOCIATE OF APPLIED SCIENCE DEGREES IN, MEDICAL ASSISTANT, HEALTH CARE ADMINISTRATION. MEDICAL BILLING ADMINISTRATIVE SPECIALIST, HEALTH ADMINISTRATIVE SERVICES, MEDICAL OFFICE MANAGEMENT AND HUMAN, SOCIAL AND HEALTH SERVICES. IN ADDITION, RC ON-LINE OFFERS THREE DIPLOMA PROGRAMS: MEDICAL INSURANCE BILLING AND OFFICE ADMINISTRATION, MEDICAL OFFICE ADMINISTRATION AND PHARMACY TECHNICIAN. RC ON-LINE, IS ACCREDITED BY THE ACCREDITING BURE"TRI AREA TRUCKING SCHOOL (TAT)TAT IS A NON-ACCREDITED, POST-SECONDARY SCHOOL AND OFFERS COURSES IN CLASS A AND B COMMERCIAL DRIVER'S LICENSES (CDL) IN MICHIGAN." "HEALTH TRAINING CENTER (HTC)HTC IS A NON-ACCREDITED, POST-SECONDARY SCHOOL AND OFFERS COURSES IN MEDICAL ASSISTANT, CARDIO PHLEBOTOMY TECHNICIAN, PATIENT CARE TECHNICIAN, EKG TECHNICIAN, AND PHLEBOTOMY IN MASSACHUSETTS"
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grayeb George Ceo, President And Director | OfficerTrustee | 40 | $527,951 |
David J Ventura Director | Trustee | 1 | $0 |
Scot Weisberg Director | Trustee | 1 | $0 |
Iaquinto Anthony Cfo, Cao | Officer | 40 | $279,814 |
Brenner Gregory Cio | Officer | 40 | $127,579 |
Reed Stephen VP Of Marketing | 40 | $180,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,334,530 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,192 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,758,960 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $789,551 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $336,570 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,575,703 |
| Pension plan accruals and contributions | $66,835 |
| Other employee benefits | $969,895 |
| Payroll taxes | $763,928 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,760 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $647,531 |
| Advertising and promotion | $1,841,405 |
| Office expenses | $562,642 |
| Information technology | $309,710 |
| Royalties | $0 |
| Occupancy | $3,684,279 |
| Travel | $50,491 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $37,423 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,685,601 |
| Insurance | $172,519 |
| All other expenses | $0 |
| Total functional expenses | $23,326,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,091,423 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,548,584 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,271 |
| Prepaid expenses and deferred charges | $1,773,662 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $283,063 |
| Total assets | $33,443,687 |
| Accounts payable and accrued expenses | $2,976,171 |
| Grants payable | $5,461 |
| Deferred revenue | $4,190,312 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $228,140 |
| Secured mortgages and notes payable | $14,919,374 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,049,859 |
| Total liabilities | $24,369,317 |
| 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 | $9,074,370 |