2024-05-14T19:13:24-05:00 2023-06-30 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2022-07-01 942382546 LIFE CHIROPRACTIC COLLEGE WEST LIFE 5107804501 25001 INDUSTRIAL BLVD HAYWARD CA 94545 MARIA PERRY CHIEF FINANCIAL OFFICER 5107804501 2024-05-13 1 MARIA PERRY 999009999 0 QI WEN LIANG P01270238 4159561500 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RON OBERSTEIN DC 25001 INDUSTRIAL BLVD HAYWARD CA 94545 76891639 0 X WWW.LIFEWEST.EDU X 1976 CA EDUCATION OF CHIROPRACTIC STUDENTS. 5 5 359 7 0 0 1019451 639465 20626179 20983474 1900 31309736 28976 -279450 21676506 52653225 640210 401012 0 0 14097764 15147969 0 0 672201 7684211 8937726 22422185 24486707 -745679 28166518 28953749 51700477 14619517 8548115 14334232 43152362 X TO ADVANCE CHIROPRACTIC THROUGH PERSONALIZED LEARNING, TECHNIQUE AND PEDAGOGIC EXCELLENCE, PHILOSOPHICAL INQUIRY, ENTREPRENEURIAL SPIRIT AND COMPASSIONATE SERVICE. TO LEAD CHIROPRACTIC EDUCATION WITH CULTURAL AUTHORITY IN THE PROFESSION, DELIVERING THE DOCTOR OF CHIROPRACTIC PROGRAM ALONG WITH COMPLEMENTARY MASTER'S AND DOCTORATE PROGRAMS. TO TRANSFORM HUMANITY BY OUR SERVICE WHILE REMAINING GROUNDED IN THE TRADITIONAL PHILOSOPHY AND PRINCIPLES OF CHIROPRACTIC. TO CULTIVATE A COLLEGE ENVIRONMENT OF INNOVATION, COLLABORATION, SCHOLARSHIP AND RESEARCH, AND A COMMITMENT TO GIVE, DO, LOVE AND SERVE FROM A PLACE OF ABUNDANCE. 0 0 22292176 401012 20983474 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. 22292176 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 60 0 1 359 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MARIA PERRY 5107804500 25001 INDUSTRIAL BLVD HAYWARD CA 94545 RON OBERSTEIN PRESIDENT 40.00 X 399309 0 95922 SCOTT DONALDSON PROVOST/VP OF HEALTH CENTER 40.00 X 232931 0 34969 ANGELITO TOLENTINO CHIEF FINANCIAL OFFER (THRU 11/22) 40.00 X 208224 0 33397 MARILYN AL-HASSAN CHIEF STRATEGY OFFICER & SPECIAL ASSISTANT TO THE 40.00 X 176092 0 26620 ADRIAAN FERRIS ASSOCIATE VICE PRESIDENT 40.00 X 160144 0 31233 JAMIE MOTLEY MSDI PROGRAM DIRECTOR 40.00 X 140694 0 20127 ADAM THOMPSON DEAN OF ACADEMIC FACULTY & EDUCATIONAL EFFECTIVENE 40.00 X 136762 0 10809 KOEN KALLAP HEALTH CENTER MENTOR FACULTY 40.00 X 134751 0 19874 DANIEL CARDENAS EXECUTIVE DIRECTOR OF ADMISSIONS 40.00 X 131587 0 26814 MONICA SMITH DIRECTOR OF RESEARCH 40.00 X 127151 0 13260 ANGEL OCHOA-REA DC REGENT 1.50 X 1000 0 0 NIRAJ PATEL DC REGENT 1.50 X 1000 0 0 MARIA PERRY CHIEF FINANCIAL OFFER (START 2/23) 40.00 X 0 0 0 AMIT JIMMY NANDA DC CHAIR 1.50 X X 0 0 0 KRISTEN GILES DC VICE CHAIR (THRU 5/23) 1.50 X X 0 0 0 CAMERON HASTINGS DC REGENT (THRU 5/23) 1.50 X 0 0 0 STEVEN SILK DC REGENT 1.50 X 0 0 0 SCOTT TURNER CPA REGENT 1.50 X 0 0 0 1849645 0 313025 40 0 1 0 VARSITY TECHNOLOGY 1390 MARKET STREET SUITE 908 SAN FRANCISCO CA 94102 IT SERVICES 428510 CREATION NETWORKS INC 1001 SHARY CIRCLE STE 1 CONCORD CA 94518 AV LECTERN CAPTURE SYSTEM & SERVICE 246777 ENVIRO CLEAN MAINTENANCE SOLUTIONS 3265 WHIPPLE ROAD UNION CITY CA 94587 JANITORIAL SERVICES 242126 ALANIZ MARKETING INC 7250 REDWOOD BLVD SUITE 355 NOVATO CA 94945 MARKETING SERVICES 218770 SOUTH COUNTY SECURITY SERVICES INC 22551 SECOND STREET 240 HAYWARD CA 94541 SECURITY SERVICES 165803 5 280150 359315 137396 639465 TUITION AND FEES 611710 19919686 19919686 CONTINUING EDUCATION 611710 504358 504358 EDUCATIONAL CLINIC 611710 400454 400454 WAVE CONFERENCE REVENUE 611710 153276 153276 OTHER PROGRAM REVENUE 611710 5700 5700 20983474 111305 111305 2139869 52800000 1736247 22005191 403622 30794809 31198431 31198431 217526 496976 -279450 -279450 52653225 20983474 0 31030286 401012 401012 1246964 1077701 169263 11544042 10691548 542125 310369 173950 159908 9258 4784 1268541 1145959 67456 55126 914472 845462 47228 21782 125635 114587 7696 3352 68410 68410 790088 653977 125172 10939 401169 385150 7469 8550 672337 570859 60833 40645 1099667 1007084 48913 43670 3591321 3329131 181970 80220 433948 401286 22831 9831 445129 333162 8320 103647 620118 565647 37786 16685 246966 224730 13585 8651 STUDENT ACTIVITIES 277224 277224 MISC ATHLETICS COSTS 63446 63446 OTHER BAD DEBT 53682 99732 -46050 SPECIAL PROJECTS 42331 38227 4104 6255 6076 179 24486707 22292176 1522330 672201 504999 419147 2436786 1444607 541494 436088 201290 269771 499212 129236 328531 375510 11280758 8155911 24423721 3124847 0 39347161 17716 6154110 28953749 51700477 1104948 1198511 946584 1038450 12317985 0 250000 6311154 14619517 8548115 X 13861378 42768535 472854 383827 14334232 43152362 28953749 51700477 28166518 651612 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7111528 5760556 1350972 4169230 2395355 1773875 3124847 OTHER RECEIVABLES 223767 ROU ASSET 5930343 6154110 REVOCABLE TRANSFER OF ASSETS 250000 LEASE LIABILITY 6061154 6311154 X 53801813 651612 651612 53150201 -496976 -496976 52653225 24983683 0 24983683 -496976 -496976 24486707 PART X, LINE 2: THE COLLEGE HAS RECEIVED TAX-EXEMPT STATUS UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND UNDER CALIFORNIA REVENUE CODE SECTION 23701(D). THE COLLEGE IS RELYING ON ITS TAX-EXEMPT STATUS AND ITS BUSINESS TAXABLE INCOME ("UBTI") ON INCOME FLOWING THROUGH FROM ITS INVESTMENTS IN JOINT VENTURE. THE COLLEGE EVALUATES ITS INCOME TAX POSITION EACH FISCAL YEAR TO DETERMINE WHETHER THE COLLEGE'S TAX POSITION IS MORE LIKELY THAN NOT BE SUSTAINED IF EXAMINED BY THE APPLICABLE TAXING AUTHORITY. THE EVALUATION HAD NO MATERIAL IMPACT ON THE COLLEGE'S FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -496,976. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -496,976. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE PUBLISHES STATEMENTS THAT THE COLLEGE DOES NOT DISCRIMINATE IN THE ADMISSIONS PROCESS IN THE COLLEGE CATALOG, ADMISSIONS BROCHURES, AND APPLICATION FORMS. THE COLLEGE PUBLICIZES THE RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION ACTS AS A PASS-THROUGH AGENT FOR STUDENT FINANCIAL ASSISTANCE RECEIVED FROM THE U.S. DEPARTMENT OF EDUCATION UNDER THE FEDERAL DIRECT STUDENT LOANS PROGRAM AND THE FEDERAL WORK STUDY PROGRAM. 1 CARL DIETER SCHOLARSHIP 4 2000 DC AMBASSADOR SCHOLARSHIP 7 17500 ENROLLMENT SCHOLARSHIP 34 37933 EXCELLENCE SCHOLARSHIP 8 9000 JEDI SCHOLARSHIP 6 20655 LCCW COMMITMENT TO EXCELLENCE SCHOLARSHIP 16 18000 LCCW SCHOLARS AWARD 8 8000 LIFE ASSISTANCE SCHOLARSHIP 56 26825 MERIT SCHOLARSHIP 2 5000 OUTSIDE SCHOLARSHIPS 14 51315 PRESIDENTIAL TUITION SCHOLARSHIP 3 64085 SACRED TRUST SCHOLARSHIP 59 135000 YELLOW RIBBON MATCH 2 5699 PART I, LINE 2: GRANTS ARE PROVIDED SOLELY TO INDIVIDUALS CURRENTLY ENROLLED IN LIFE CHIROPRACTIC COLLEGE WEST PROGRAMS FOR USE FOR TUITION, BOOKS, AND STANDARD COST OF LIVING EXPENSES. X 1 1 X X 0 0 0 0 0 0 0 0 0 RON OBERSTEIN PRESIDENT 399309 0 0 0 0 0 9150 0 86772 0 495231 0 0 0 SCOTT DONALDSON PROVOST/VP OF HEALTH CENTER 232931 0 0 0 0 0 6852 0 28117 0 267900 0 0 0 ANGELITO TOLENTINO CHIEF FINANCIAL OFFER (THRU 11/22) 208224 0 0 0 0 0 1425 0 31972 0 241621 0 0 0 MARILYN AL-HASSAN CHIEF STRATEGY OFFICER & SPECIAL ASS 176092 0 0 0 0 0 4975 0 21645 0 202712 0 0 0 ADRIAAN FERRIS ASSOCIATE VICE PRESIDENT 160144 0 0 0 0 0 2469 0 28764 0 191377 0 0 0 JAMIE MOTLEY MSDI PROGRAM DIRECTOR 140694 0 0 0 0 0 4320 0 15807 0 160821 0 0 0 KOEN KALLAP HEALTH CENTER MENTOR FACULTY 134751 0 0 0 0 0 3648 0 16226 0 154625 0 0 0 DANIEL CARDENAS EXECUTIVE DIRECTOR OF ADMISSIONS 131587 0 0 0 0 0 4272 0 22542 0 158401 0 0 0 PART I, LINE 1A THE PRESIDENT, CHIEF STRATEGY OFFICER AND CHIEF FINANCIAL OFFICER (THRU 11/2022) ARE PROVIDED A NONTAXABLE HOUSING BENEFIT. X MATERIALS, SUPPLIES, AND EQUIPMENT 10 137396 FMV 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX ACCOUNTANT AND FIRST REVIEWED BY THE CHIEF FINANCIAL OFFICER; ADJUSTMENTS ARE MADE AS NECESSARY. THE FORM 990 AND THEN FORWARDED TO THE FINANCE COMMITTEE OF THE BOARD FOR REVIEW AND PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO FILING WITH INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY WHICH COVERS ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES. THE POLICY CALLS FOR THESE INDIVIDUALS TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST TO THE BOARD OF REGENTS. AFTER DISCLOSURE OF THE INTEREST AND ALL MATERIAL FACTS, AND ANSWERING ANY QUESTIONS FROM BOARD MEMBERS, AND AFTER ANY DISCUSSION WITH THE BOARD, HE/SHE WILL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXISTS IS DISCUSSED AND VOTED UPON. SHOULD A CONFLICT OF INTEREST BE IDENTIFIED BY THE BOARD, THE CHAIR APPOINTS A DISINTERESTED PERSON TO INVESTIGATE THE PROPOSED TRANSACTION OR ARRANGEMENT. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD DETERMINES BY A MAJORITY VOTE OF DISINTERESTED REGENTS WHETHER THE TRANSACTIONS IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE. FORM 990, PART VI, SECTION B, LINE 15 THE ASSOCIATION OF CHIROPRACTIC COLLEGES PERFORMS AN ANNUAL SURVEY OF EXECUTIVES, FACULTY AND STAFF OF ALL COLLEGES AND PROVIDES FEEDBACK TO THE COLLEGE. THESE SURVEYS ARE USED TO SET ALL LEVELS OF COMPENSATION BY THE COLLEGE. THE BOARD OF REGENTS SETS THE COMPENSATION FOR THE PRESIDENT ONLY. THE PRESIDENT SETS THE COMPENSATION FOR THE SENIOR OFFICERS AND EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.