2024-05-13T18:58:38-05:00 2023-06-30 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2022-12-31 922890279 DORSEY COLLEGE HOLDINGS DORS 2485859200 31799 JOHN R ROAD MADISON HEIGHTS MI 48071 DENISE BOCK CFO 2485859200 2024-05-11 1 DENISE BOCK 999009999 1 KIMBERLY A RYAN P00829977 3142903300 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X DORSEY COLLEGE DENISE BOCK 31799 JOHN R ROAD MADISON HEIGHTS MI 48071 12733590 0 X WWW.DORSEY.EDU X 2023 MI DORSEY COLLEGE IS COMMITTED TO PROVIDING QUALITY CAREER EDUCATION AND POSITIVE REINFORCEMENT TO ENABLE THE DEVELOPMENT OF SELF-ESTEEM, SELF-RELIANCE, PROFESSIONALISM AND CONFIDENCE IN ALL STUDENTS COUPLED WITH AN OBLIGATION TO SUPPORT THE DIVERSE COMMUNITIES IN WHICH THEY LIVE AND WORK. DORSEY COLLEGE REMAINS A COMMITTED CAREER TRAINING SCHOOL THAT PREPARES INDIVIDUALS FOR PROMISING CAREER OPPORTUNITIES IN THE NURSING, HEALTHCARE, EMERGENCY MEDICAL SERVICES, CULINARY ARTS, SKILLED TRADES, AND BEAUTY FIELDS. 14 14 0 14 0 0 0 12609525 0 124065 12733590 189643 0 6118903 0 0 6595348 12903894 -170304 45993893 46164197 -170304 X DORSEY COLLEGE IS COMMITTED TO PROVIDING QUALITY CAREER EDUCATION AND POSITIVE REINFORCEMENT TO ENABLE THE DEVELOPMENT OF SELF-ESTEEM, SELF-RELIANCE, PROFESSIONALISM AND CONFIDENCE IN ALL STUDENTS COUPLED WITH AN OBLIGATION TO SUPPORT THE DIVERSE COMMUNITIES IN WHICH THEY LIVE AND WORK. DORSEY COLLEGE REMAINS A COMMITTED CAREER TRAINING SCHOOL THAT PREPARES INDIVIDUALS FOR PROMISING CAREER OPPORTUNITIES IN THE NURSING, HEALTHCARE, EMERGENCY MEDICAL SERVICES, CULINARY ARTS, SKILLED TRADES, AND BEAUTY FIELDS. 0 0 11078592 189643 12733590 INSTRUCTIONAL - FACULTY, LIBRARY AND CURRICULUM EXPENSE FOR STUDENTS EARNING CERTIFICATE AND ASSOCIATE DEGREES SERVING APPROXIMATELY 2,200 STUDENTS AS OF THE FISCAL YEAR ENDED 6/30/2023. APPROXIMATELY 5,300 STUDENTS WERE SERVED. STUDENT SERVICES - ALONG WITH ADMISSIONS, ACADEMIC SERVICES, AND FINANCIAL AID DEPARTMENTS. 11078592 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X DENISE BOCK 2485859200 31799 JOHN R ROAD MADISON HEIGHTS MI 48071 X JOHN BARNES PRESIDENT & CEO 40.00 X 0 0 0 JOHN PORTER PRESIDENT (LES) 40.00 X 0 0 0 DENISE BOCK CHIEF FINANCIAL OFFICER 40.00 X 0 0 0 MARK FALKOWSKI GENERAL COUNSEL 40.00 X 0 0 0 DONALD TUTTLE CHAIRMAN 1.00 X 0 0 0 HARRY CHIP PETERSON VICE CHAIRMAN 1.00 X 0 0 0 CHERYL MATEJKA COMMITTEE CHAIR 1.00 X 0 0 0 JO ANNA POLLOCK COMMITTEE CHAIR 1.00 X 0 0 0 PATRICIA PENKOSKE COMMITTEE CHAIR 1.00 X 0 0 0 JUSTIN FOUST COMMITTEE CHAIR 1.00 X 0 0 0 LASHANA BARNES BOARD MEMBER 1.00 X 0 0 0 CYNTHIA FRISINA BOARD MEMBER 1.00 X 0 0 0 JOHN W HAMMOND BOARD MEMBER (THRU 11/22) 1.00 X 0 0 0 DAVID MASON BOARD MEMBER 1.00 X 0 0 0 DOUG MUELLER BOARD MEMBER (THRU 5/23) 1.00 X 0 0 0 JERRY SCHEIDEGGER BOARD MEMBER 1.00 X 0 0 0 GARY SHAW BOARD MEMBER 1.00 X 0 0 0 LAURA TAYLOR BOARD MEMBER 1.00 X 0 0 0 JIMMY WILLIAMS BOARD MEMBER 1.00 X 0 0 0 HAL GENTRY COMMITTEE CHAIR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 INSTRUCTION 611310 12609525 12609525 12609525 124065 124065 124065 12733590 12733590 0 0 189643 189643 142250 40558 101692 5091415 4449957 641458 41657 27782 13875 349406 291546 57860 494175 384409 109766 105000 105000 4470 4470 45000 45000 1370563 1370563 38385 35735 2650 239877 120267 119610 1336429 1274948 61481 13791 5520 8271 399422 42870 356552 318300 288300 30000 54640 54640 BAD DEBT 942056 942056 INSTRUCTIONAL EXPENSE 639685 638502 1183 STUDENT SUPPLIES & TEST 596162 596162 RECRUITMENT 148005 131463 16542 343563 248311 95252 12903894 11078592 1825302 0 0 1188736 0 647305 0 2053893 0 806092 5459900 318300 0 5141600 0 16849996 0 19306271 0 45993893 0 2858291 0 2807009 0 20830220 0 19668677 0 46164197 X 0 -170304 0 -170304 0 45993893 -170304 0 X 0 1 X 1 1 1 X 4276179 214606 4061573 1183721 103694 1080027 5141600 RIGHT-TO-USE ASSETS 19071394 DUE FROM RELATED PARTIES 234877 19306271 LEASE LIABILITY 19117727 DUE TO RELATED PARTIES 550950 19668677 12543947 -189643 -189643 12733590 0 12733590 12714251 0 12714251 189643 189643 12903894 PART XI, LINE 2D - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIP ALLOWANCE -189,643. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIP ALLOWANCE 189,643. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL ADVERTISEMENTS (I.E. CATALOGS) INCLUDE STATEMENTS RECOMMENDED FOR IRS EXEMPT ORGANIZATIONS. DORSEY REGULARLY PUBLICIZES ITS RACIAL NONDISCRIMINATION POLICY STATEMENT IN BROADCAST MEDIA, INCLUDING PERMANENTLY ON ITS WEBSITE, AND IN OTHER MATERIALS TO HELP ENSURE IT IS KNOWN TO THE GENERAL COMMUNITY IT SERVES. SCHEDULE E, PART I, LINE 6 GOVERNMENTAL AID HAS BEEN RECEIVED THIS YEAR AS FOLLOWS: STUDENT FINANCIAL AID FROM THE U.S. DEPARTMENT OF EDUCATION, FEDERAL WORK-STUDY AND FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT PROGRAMS. 1 SCHOLARSHIPS 385 189643 PART I, LINE 2: ALL STUDENT AID AWARD LETTERS ARE PREPARED BY DORSEY COLLEGE'S FINANCIAL AID OFFICE. EACH AWARD LETTER HAS A STATEMENT OF CONDITIONS AND IS SIGNED BY THE STUDENT. THE BUSINESS OFFICE POSTS ALL AID TO THE STUDENT'S ACCOUNT FOR ACADEMIC USAGE. BOTH THE BUSINESS OFFICE AND THE FINANCIAL AID OFFICE MONITOR THESE FUNDS. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION NEEDED TO COMPLETE THE FORM 990 IS COMPILED BY THE ACCOUNTING DEPARTMENT AND THE RETURN IS PREPARED AND SIGNED BY RUBINBROWN LLP. THE COMPLETED 990, INCLUDING REQUIRED SCHEDULES IS PROVIDED TO THE BOARD OF TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO A TRUSTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A TRUSTEE HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. A DIRECTOR OR COMMITTEE MEMBER WHO PLANS NOT TO ATTEND A MEETING AT WHICH HE OR SHE HAS REASON TO BELIEVE THAT THE BOARD OR COMMITTEE WILL ACT ON A MATTER IN WHICH THE PERSON HAS A CONFLICT OF INTEREST SHALL DISCLOSE TO THE CHAIR OF THE MEETING ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED AS PART OF THE ANNUAL BUDGET PROCESS AND APPROVED BY THE BOARD OF TRUSTEES. THE AMOUNT OF COMPENSATION IS DETERMINED BY THE BOARD OF TRUSTEES. THIS BOARD OF TRUSTEES CONSISTED OF BOARD MEMBERS WITH VARIOUS PROFESSIONAL, LEGAL, AND BUSINESS BACKGROUNDS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC AT THIS TIME. THE COLLEGE WILL PROVIDE A COPY OF THE IRS FORM 990 UPON WRITTEN REQUEST TO THE COLLEGE. LINDENWOOD EDUCATION SYSTEM 209 SOUTH KINGSHIGHWAY ST CHARLES MO 63301 430652649 EDUCATIONAL INSTITUTION MO 501(C)(3) LINE 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0