2026-05-14T21:41:14-05:00 2025-06-30 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2024-07-01 922890279 DORSEY COLLEGE HOLDINGS DORS 2485859200 31799 JOHN R ROAD MADISON HEIGHTS MI 48071 DENISE BOCK CFO 2485859200 2026-05-14 1 1 KIMBERLY A RYAN P00829977 3142903300 2024 2025-03-06 01:10:19Z DORSEY COLLEGE DENISE BOCK 31799 JOHN R ROAD MADISON HEIGHTS MI 48071 52109019 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. 15 15 631 16 0 0 0 0 47641310 51548224 0 0 462338 560795 48103648 52109019 1178911 859935 0 0 24141988 25127461 0 0 0 25032007 25807771 50352906 51795167 -2249258 313852 43279235 43627466 45698797 45733176 -2419562 -2105710 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 43409899 859935 52109019 INSTRUCTIONAL - FACULTY, LIBRARY AND CURRICULUM EXPENSE FOR STUDENTS EARNING CERTIFICATE AND ASSOCIATE DEGREES SERVING APPROXIMATELY 2,500 STUDENTS AS OF THE FISCAL YEAR ENDED 6/30/2025. APPROXIMATELY 5,400 STUDENTS WERE SERVED. STUDENT SERVICES - ALONG WITH ADMISSIONS, ACADEMIC SERVICES, AND FINANCIAL AID DEPARTMENTS. 43409899 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 9278 0 1 631 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 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 DONALD TUTTLE CHAIRMAN 1.00 1.00 X 0 0 0 JO ANNA POLLOCK VICE CHAIRMAN 1.00 1.00 X 0 0 0 CHERYL MATEJKA TREASURER/COMMITTEE CHAIR 1.00 1.00 X 0 0 0 HARRY CHIP PETERSON SECRETARY/COMMITTEE CHAIR 1.00 1.00 X 0 0 0 LASHANA BARNES BOARD MEMBER 1.00 1.00 X 0 0 0 JUSTIN FOUST BOARD MEMBER 1.00 1.00 X 0 0 0 CYNTHIA FRISINA BOARD MEMBER (THRU 8/2024) 1.00 1.00 X 0 0 0 HAL GENTRY BOARD MEMBER 1.00 1.00 X 0 0 0 ADAM GLOSIER BOARD MEMBER (AS OF 10/2024) 1.00 1.00 X 0 0 0 DAVID MASON BOARD MEMBER 1.00 1.00 X 0 0 0 T SHANE MCDONALD BOARD MEMBER (AS OF 10/2024) 1.00 1.00 X 0 0 0 ELIJAH MURRELL BOARD MEMBER (AS OF 10/2024) 1.00 1.00 X 0 0 0 PATRICIA PENKOSKE BOARD MEMBER 1.00 1.00 X 0 0 0 JERRY SCHEIDEGGER BOARD MEMBER 1.00 1.00 X 0 0 0 GARY SHAW BOARD MEMBER 1.00 1.00 X 0 0 0 LAURA TAYLOR BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN PORTER CORPORATE PRESIDENT/PRESIDENT (LES) 5.00 41.00 X 0 838750 32993 MARK FALKOWSKI CORPORATE SECRETARY/GENERAL COUNSEL 5.00 41.00 X 0 448645 28948 JOHN BARNES CORPORATE VP/PRESIDENT & CEO 40.00 2.00 X 356722 0 3572 DENISE BOCK CORPORATE VICE TREASURER/CFO 40.00 2.00 X 255415 0 15416 JOHN KAUFHOLD CORPORATE TREASURER/CFO (LES) 5.00 40.00 X 0 342311 16986 RICHARD REED CHIEF ADMISSIONS OFFICER 40.00 2.00 X 250790 0 19389 KIM PECK CHIEF ADMINISTRATIVE OFFICER 40.00 2.00 X 206014 0 2182 LANCE A CRAVEN SENIOR VP OF CAMPUS OPERATIONS 40.00 2.00 X 182922 0 1951 KAWESI PRICE DIRECTOR OF INFORMATION TECHNOLOGY 40.00 2.00 X 164235 0 14268 MARCHELLE MCLEAN VP EDUCATION AND CAREER SERVICES 40.00 2.00 X 163074 0 7414 AMANDA GLOVER SENIOR MANAGING DIRECTOR 40.00 2.00 X 125851 0 26345 CHAD WILSON CONTROLLER 40.00 2.00 X 132719 0 12508 TODD BREADON SENIOR MANAGING DIRECTOR 40.00 2.00 X 126282 0 13963 VINCENT DERITA SENIOR MANAGING DIRECTOR 40.00 2.00 X 127637 0 1398 JOHN O'SULLIVAN VICE PRESIDENT OF MARKETING 40.00 2.00 X 129902 0 7082 2221563 1629706 204415 30 0 1 0 PX INC 44 WALL STREET SUITE 605 NEW YORK NY 10005 MANAGING ADVERTISING 2968685 CONVERSION CALLS LLC 1830 N UNIVERSITY DRIVE SUITE 385 PLANTATION FL 33322 CALL CENTER FOR MARKETING 269457 G&A CLEANING INC 8100 E 9 MILE ROAD WARREN MI 48089 JANITORIAL 242344 ETERNAL SECURITY SERVICES 3341 WESTCHESTER BLOOMFIELD HILLS MI 48304 CAMPUS SECURITY 217467 IONTUITION CP 847 S RANDALL ROAD SUITE 317 ELGIN IL 60123 STUDENT LOAN SERVICING 200583 5 INSTRUCTION 611310 51548224 51548224 51548224 560795 560795 560795 52109019 52109019 0 0 859935 859935 1662631 1005370 657261 20229828 17144053 3085775 126888 95686 31202 1604713 1272365 332348 1503401 1289551 213850 390195 390195 60217 60217 169003 169003 4914501 4912970 1531 147118 123766 23352 1156814 424494 732320 4980211 4776327 203884 67350 24472 42878 1849799 544597 1305202 1168617 1013755 154862 119770 119770 BAD DEBT 3183931 3183931 STUDENT SUPPLIES & TEST 3132560 3132560 INSTRUCTIONAL EXPENSE 2212191 2203106 9085 RECRUITMENT 619524 529161 90363 1635970 873800 762170 51795167 43409899 8385268 0 496918 2745069 1533897 1730002 1538620 1484690 291250 181560 534878 542864 6864906 2637612 4719846 4227294 16849996 16849996 17313830 15865991 43279235 43627466 3196371 4877319 2304683 4321806 23066667 21022879 17131076 15511172 45698797 45733176 X -2419562 -2105710 -2419562 -2105710 43279235 43627466 313852 0 X 0 1 X 1 1 1 X 4716312 1746436 2969876 2148594 891176 1257418 4227294 RIGHT-TO-USE ASSETS 14923901 DUE FROM RELATED PARTIES 277334 SECURITY DEPOSITS 53913 INSURANCE DEPOSIT HELD BY RELATED PARTY 610843 15865991 LEASE LIABILITY 15246988 DUE TO RELATED PARTIES 264184 15511172 51249084 -859935 -859935 52109019 0 52109019 50935232 0 50935232 859935 859935 51795167 PART XI, LINE 2D - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIP ALLOWANCE -859,935. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIP ALLOWANCE 859,935. 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. LINE 6A - EXPLANATION OF GOVERNMENT FINANCIAL AID: 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 1366 859935 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. X X 0 0 0 0 0 0 0 0 0 JOHN PORTER CORPORATE PRESIDENT/PRESIDENT (LES) 0 541500 0 297250 0 0 0 17250 0 15743 0 871743 0 0 MARK FALKOWSKI CORPORATE SECRETARY/GENERAL COUNSEL 0 340645 0 108000 0 0 0 17415 0 11533 0 477593 0 0 JOHN BARNES CORPORATE VP/PRESIDENT & CEO 356722 0 0 0 0 0 3450 0 122 0 360294 0 0 0 JOHN KAUFHOLD CORPORATE TREASURER/CFO (LES) 0 334311 0 8000 0 0 0 15468 0 1518 0 359297 0 0 DENISE BOCK CORPORATE VICE TREASURER/CFO 255415 0 0 0 0 0 2548 0 12868 0 270831 0 0 0 RICHARD REED CHIEF ADMISSIONS OFFICER 250790 0 0 0 0 0 2504 0 16885 0 270179 0 0 0 KIM PECK CHIEF ADMINISTRATIVE OFFICER 206014 0 0 0 0 0 2060 0 122 0 208196 0 0 0 LANCE A CRAVEN SENIOR VP OF CAMPUS OPERATIONS 182922 0 0 0 0 0 1829 0 122 0 184873 0 0 0 KAWESI PRICE DIRECTOR OF INFORMATION TECHNOLOGY 164235 0 0 0 0 0 0 0 14268 0 178503 0 0 0 MARCHELLE MCLEAN VP EDUCATION AND CAREER SERVICES 163074 0 0 0 0 0 1631 0 5783 0 170488 0 0 0 AMANDA GLOVER SENIOR MANAGING DIRECTOR 125851 0 0 0 0 0 1254 0 25091 0 152196 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF DORSEY COLLEGE HOLDINGS IS LINDENWOOD EDUCATION SYSTEM. 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 THE BOARD OF TRUSTEES APPROVES THE CEO'S COMPENSATION CHANGES AND ANY BONSUES TO BE PAID. ALL OTHER EMPLOYEE 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. FORM 990, SUPPLEMENTAL INFORMATION THIS IRS FORM 990 INCLUDES THE ACTIVITIES OF DORSEY COLLEGE HOLDINGS, A MICHIGAN NONPROFIT CORPORATION, AND A WHOLLY-OWNED SUBSIDIARY OF LINDENWOOD EDUCATION SYSTEM, WHICH IS A MISSOURI NONPROFIT CORPORATION. DORSEY COLLEGE HOLDINGS WAS FORMED TO HOLD THE ACTIVITIES AND ASSETS OF DORSEY COLLEGE. THE ACTIVITIES OF LINDENWOOD EDUCATION SYSTEM ARE NOT INCLUDED ON THIS IRS FORM 990 FOR DORSEY COLLEGE HOLDINGS, SINCE THE LINDENWOOD EDUCATION SYSTEM WAS ESTABLISHED AS A 501(C)(3), AND THUS REPORTS ITS ACTIVITIES ON A SEPARATE, STAND-ALONE, IRS FORM 990. LINDENWOOD EDUCATION SYSTEM 209 SOUTH KINGSHIGHWAY ST CHARLES MO 63301 430652649 EDUCATIONAL INSTITUTION MO 501(C)(3) LINE 2 0 ANCORA EDUCATION HOLDINGS INC 209 SOUTH KINGSHIGHWAY ST CHARLES MO 63301 332119502 EDUCATIONAL INSTITUTION DE 501(C)(3) LINE 12A, I LINDENWOOD EDUCATION SYSTEM 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0