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 06/2022, Life Chiropractic College West employed 357 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 06/2022, Life Chiropractic College West generated $21.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $22.4m during the year ending 06/2022. While expenses have increased by 1.5% per year over the past 7 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
2022
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ron Oberstein President | Officer | 40 | $399,309 |
Scott Donaldson Provost/vp Of Health Center | Officer | 40 | $232,931 |
Angelito Tolentino Chief Financial Officer | Officer | 40 | $208,224 |
Mark Zeigler VP Institution (thru 10/21) | Officer | 40 | $206,554 |
Adriaan Ferris Associate Vice President | Officer | 40 | $160,144 |
Marilyn Al-Hassan Chief Strategy Officer & Special Assistant To Pres | Officer | 40 | $176,092 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Varsity Technology It Services | 6/29/22 | $493,392 |
Enviro Clean Maintenance Solutions Janitorial Services | 6/29/22 | $336,125 |
Mccoy Bohm Corp Dba Alarcon Bohm Builders/contractors | 6/29/22 | $298,943 |
Abm Building Solutions Llc Maintenance Services | 6/29/22 | $179,603 |
South County Security Services Inc Security Services | 6/29/22 | $151,357 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $625,251 |
All other contributions, gifts, grants, and similar amounts not included above | $394,200 |
Noncash contributions included in lines 1a–1f | $167,036 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,019,451 |
Total Program Service Revenue | $20,626,179 |
Investment income | $1,900 |
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 | $28,976 |
Miscellaneous Revenue | $0 |
Total Revenue | $21,676,506 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $640,210 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,466,952 |
Compensation of current officers, directors, key employees. | $293,256 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $10,217,828 |
Pension plan accruals and contributions | $177,608 |
Other employee benefits | $1,365,822 |
Payroll taxes | $869,554 |
Fees for services: Management | $0 |
Fees for services: Legal | $121,830 |
Fees for services: Accounting | $69,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $843,939 |
Advertising and promotion | $354,401 |
Office expenses | $691,452 |
Information technology | $898,545 |
Royalties | $0 |
Occupancy | $1,811,356 |
Travel | $291,820 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $460,086 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,479,474 |
Insurance | $294,852 |
All other expenses | $0 |
Total functional expenses | $22,422,185 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $504,999 |
Savings and temporary cash investments | $2,436,786 |
Pledges and grants receivable | $541,494 |
Accounts receivable, net | $201,290 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $499,212 |
Prepaid expenses and deferred charges | $328,531 |
Net Land, buildings, and equipment | $24,423,721 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $17,716 |
Total assets | $28,953,749 |
Accounts payable and accrued expenses | $1,104,948 |
Grants payable | $0 |
Deferred revenue | $946,584 |
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 | $12,317,985 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $250,000 |
Total liabilities | $14,619,517 |
Net assets without donor restrictions | $13,861,378 |
Net assets with donor restrictions | $472,854 |
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 | $28,953,749 |