Palmer College Of Chiropratic- West
- Assets
- $14.5m
- Revenue
- $14.0m
- Investments
- $0.0
- Employees
- 145
- Location
- San Jose, CA
- Founding
- 02/1979
- Data as of
- 06/2021
- EIN
- 94-2515428
Organization Overview
Palmer College Of Chiropratic- West is located in San Jose, CA. The organization was established in 1979. 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 06/2023, Palmer College Of Chiropratic- West employed 145 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palmer College Of Chiropratic- 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 06/2021, Palmer College Of Chiropratic- West generated $14.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $12.4m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE LEARNING, DELIVER HEALTH CARE, ENGAGE OUR COMMUNITIES AND ADVANCE KNOWLEDGE THROUGH RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PALMER COLLEGE EDUCATES STUDENTS WITH A DOCTOR OF CHIROPRACTIC DEGREE. STUDENTS ARE PROVIDED CLASSROOM AND LAB INSTRUCTION TO LEARN THE SCIENCE, ART AND PHILOSOPHY OF CHIROPRACTIC. ENROLLMENT FOR THE SPRING 2023 TERM WAS 195 STUDENTS.
AUXILIARY ENTERPRISES AND ACTIVITIES RELATED TO OPERATION OF BOOKSTORE, CAFETERIA, PRINT SHOP, AND CONTINUING EDUCATION PROGRAMS.
PALMER COLLEGE OPERATES CHIROPRACTIC CLINICS TO EXTEND THE STUDENT EDUCATION FROM THE CLASSROOM TO DIRECT PATIENT CARE. THE DOCTOR OF CHIROPRACTIC DEGREE IS A 13 QUARTER PROGRAM OF WHICH APPROXIMATELY THE FINAL 1/4TH IS SPENT IN THE CLINIC SETTING WORKING WITH PATIENTS. STUDENT TUITION REPORTED ABOVE IS USED TO OFFSET THE COST OF CLINIC OPERATIONS.
RESEARCH IS DEDICATED TO IMPACTING PATIENT CARE AND POLICY THROUGH RESEARCH, ANALYSIS AND INTELLIGENCE. THE ORGANIZATION TAKES A COMPREHENSIVE APPROACH TO RESEARCH FOCUSING ON BASIC AND CLINICAL SCIENCES IN ADDITION TO HEALTH SERVICES WORK.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trevor V Ireland Dc Trustee/chairperson | OfficerTrustee | 10 | $0 |
Vickie A Palmer Hcd Trustee/secretary General | OfficerTrustee | 1 | $0 |
Don Betz PHD Trustee | Trustee | 1 | $0 |
Michael Chance Dc Trustee | Trustee | 1 | $0 |
Donna Craft Dc Trustee | Trustee | 1 | $0 |
Donald Doucette PHD Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hygeia Campus Janitorial Services | 6/29/23 | $471,620 |
Aramark Corporation Campus Food Service | 6/29/23 | $282,382 |
Allied Universal Security Services Campus Security Services | 6/29/23 | $289,682 |
Xerox Corporation Campus Copy & Printing Services | 6/29/23 | $100,197 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $498,814 |
| Investment income | $152,851 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,887 |
| Net Gain/Loss on Asset Sales | -$5,953 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $45,635 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,979,062 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,628,799 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $308,752 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,654,677 |
| Pension plan accruals and contributions | $320,922 |
| Other employee benefits | $1,300,772 |
| Payroll taxes | $371,174 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,807 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,256 |
| Fees for services: Other | $318,880 |
| Advertising and promotion | $62,874 |
| Office expenses | $347,146 |
| Information technology | $82,723 |
| Royalties | $0 |
| Occupancy | $2,500,997 |
| Travel | $32,717 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,567 |
| Interest | $12,315 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $218,428 |
| Insurance | $6,686 |
| All other expenses | $0 |
| Total functional expenses | $12,436,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,246,784 |
| Savings and temporary cash investments | $4,149,778 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $169,236 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $81,667 |
| Prepaid expenses and deferred charges | $128,660 |
| Investments—publicly traded securities | $4,576,703 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,453,903 |
| Accounts payable and accrued expenses | $1,446,174 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $41,052 |
| Unsecured mortgages and notes payable | $1,102,700 |
| Other liabilities | $0 |
| Total liabilities | $2,589,926 |
| 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 | $11,863,977 |