2023-05-15T21:09:39-05:00 2022-06-30 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2021-07-01 135645885 NEW YORK LAW SCHOOL NEWY 2124312100 185 WEST BROADWAY NEW YORK NY 10013 PLACHIKKAT V ANANTHARAM SENIOR VP, CFO AND TREASURER 2124312100 2023-05-15 1 PLACHIKKAT ANANTHARAM 999009999 MAGDALENA CZERNIAWSKI P00535099 2125038800 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ANTHONY W CROWELL 185 WEST BROADWAY NEW YORK NY 10013 103180723 0 X WWW.NYLS.EDU X 1891 NY THE MISSION OF NEW YORK LAW SCHOOL IS TO PROVIDE ITS STUDENTS WITH KNOWLEDGE, SKILL (SEE SCHEDULE O) AND ETHICAL VALUES NEEDED FOR A CAREER IN LAW. 29 28 713 28 203187 114832 13773425 11042737 57074833 62877956 10951384 7375784 390588 1016579 82190230 82313056 28439061 31670331 0 0 25196939 27092183 0 0 1534654 29049199 31105633 82685199 89868147 -494969 -7555091 345948911 310367403 158921575 153355529 187027336 157011874 THE MISSION OF NEW YORK LAW SCHOOL IS TO PROVIDE ITS STUDENTS WITH KNOWLEDGE, SKILLS AND ETHICAL VALUES NEEDED FOR A CAREER IN LAW. 0 0 78256450 31670331 63180161 HIGHER EDUCATION INSTRUCTION: TO OFFER A VIBRANT, DIVERSE, AND FORWARD-THINKING CENTER OF LEGAL STUDIES WHERE STUDENTS DEVELOP THE KNOWLEDGE, SKILLS, AND PROFESSIONAL VALUES TO SERVE THEIR CLIENTS AND HAVE SUCCESSFUL CAREERS ADVANCING JUSTICE, BUILDING THE ECONOMY, AND SERVING THE VARIOUS NEEDS OF MODERN SOCIETY. 1138 STUDENTS ENROLLED IN THE JD AND LLM PROGRAMS. 373 GRADUATED DURING THE 2021/2022 PROGRAM YEAR. 78256450 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 51 0 1 713 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NY X PLACHIKKAT V ANANTHARAM SENIOR VP 2124312100 185 WEST BROADWAY NEW YORK NY 10013 ALAN J SCHNURMAN TRUSTEE 1.00 X 0 0 0 ANTHONY W CROWELL DEAN AND PRESIDENT 70.00 X X 595313 0 23978 ARTHUR N ABBEY CHAIR 5.00 X X 0 0 0 CHARLES E PHILLIPS TRUSTEE 1.00 X 0 0 0 CYNTHIA G SENKO ROSICKI TRUSTEE 1.00 X 0 0 0 DAVID CORNSTEIN TRUSTEE 1.00 X 0 0 0 DEAN ANTHONY W CROMWELL TRUSTEE 1.00 X 0 0 0 EMERSON S MOORE II TRUSTEE 1.00 X 0 0 0 ERROL B TAYLOR TRUSTEE 1.00 X 0 0 0 GERALD C CROTTY VICE CHAIR 1.00 X X 0 0 0 HON ERNST H ROSENBERGER VICE CHAIR 1.00 X X 0 0 0 HON MARC WHITEN TRUSTEE 1.00 X 0 0 0 JAMES TRICARICO TRUSTEE 1.00 X 0 0 0 JEFFERY D KNOWLES VICE CHAIR 1.00 X X 0 0 0 JOE PLUMERI TRUSTEE 1.00 X 0 0 0 JOHN D MCMAHON TRUSTEE 1.00 X 0 0 0 JOHN E ESTES TRUSTEE 1.00 X 0 0 0 JOHN J REDDY JR TRUSTEE 1.00 X 0 0 0 JOHNNY T VASSER TRUSTEE 1.00 X 0 0 0 MERYL LIEBERMAN TRUSTEE 1.00 X 0 0 0 MICHAEL A COSTA TRUSTEE 1.00 X 0 0 0 NORMAN RADOW TRUSTEE 1.00 X 0 0 0 PAMELA FOSTER TRUSTEE 1.00 X 0 0 0 ROSS F MOSKOWITZ TRUSTEE 1.00 X 0 0 0 STEVEN E PEGALIS TRUSTEE 1.00 X 0 0 0 SUSAN B MENDIK TRUSTEE 1.00 X 0 0 0 SUSAN HINKSON TRUSTEE 1.00 X 0 0 0 VINCENT A CARBONELL TRUSTEE 1.00 X 0 0 0 ZYGI WILF TRUSTEE 1.00 X 0 0 0 MATTHEW GEWOLB ASST DEAN AND SECRETARY 45.00 X 217162 0 2019 PLACHIKKAT V ANATHARAM SENIOR VP,CFO, AND TREASURER 45.00 X 289699 0 2815 WILLIAM P LAPIANA ASSOCIATE DEAN 45.00 X 259131 0 59640 EDWARD A PURCELL FACULTY 35.00 X 248725 0 23597 ELLA MAE S ESTRADA ASSOCIATE DEAN 35.00 X 218917 0 46948 GERALD KORNGOLD FACULTY 35.00 X 277021 0 59639 HOWARD MEYERS FACULTY 35.00 X 259159 0 46581 MARSHALL TRACHT FACULTY 35.00 X 212427 0 56569 2577554 0 321786 80 0 1 0 KINLY 2 RIDGEDALE AVE 100 CEDAR KNOLLS NJ 07927 TEMPORARY EMPLOYEE 245037 BERLIN ROSEN LTD 5 MAIDEN LANE STE 1600 NEW YORK NY 10038 CONSULTING 120000 PIEPER BAR REVIEW 90 WILLIS AVENUE MINEOLA NY 11501 EDUCATIONAL SERVICES 120000 3 2938692 8104045 11042737 TUITION & FEES 611310 62777633 62777633 AUXILIARY 611310 41278 41278 OTHER STUDENT ORGANIZATION REVENU 611310 31116 31116 SUBSCRIPTION REVENUE 611310 27929 27929 62877956 6980266 203187 6777079 714374 0 714374 714374 714374 21263185 20867667 395518 395518 395518 MISCELLANEOUS 900099 191528 191528 CONFERENCE REGISTRATION FEES 611310 92177 92177 MOOT COURT 900099 18500 18500 302205 82313056 63180161 203187 7886971 31670331 31670331 1452327 99015 1353312 21953589 18373379 2913468 666742 290892 225436 53426 12030 1784798 1321562 392866 70370 1610577 1175011 373273 62293 128538 128538 74623 74623 411240 411240 2475075 1431986 927176 115913 52485 19821 32664 558786 376117 121893 60776 3892653 3485481 320755 86417 5252874 4703423 432837 116614 56843 44835 12008 40194 37170 3024 6321156 5659963 520863 140330 7424478 6647878 611777 164823 777464 696141 64063 17260 STUDENT FUNDS 884018 884018 BAD DEBT 838106 838106 BOOKS AND SERIALS 716437 713904 2093 440 FOOD SERV. & CATERING 675902 625765 44971 5166 524761 65214 456075 3472 89868147 78256450 10077043 1534654 6392807 1983621 6139028 10055363 6458584 5191249 713293 762002 616186 515189 22510 18485 583289 292525 240741822 127185994 120428073 113555828 166878411 141411262 32212883 30243232 5503847 6338647 345948911 310367403 6025751 6188259 1593068 950966 363350 332600 132361066 130321853 18578340 15561851 158921575 153355529 X 121836236 93404060 65191100 63607814 187027336 157011874 345948911 310367403 X -7555091 -25349282 2888911 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 768481 X 0 52284760 5524595 -4538484 1902472 51368399 43472847 57472 10070358 1315917 52284760 45403939 156049 -887593 1199548 43472847 44087674 153260 2314187 552258 598924 45403939 43465752 42918 1840921 648212 613705 44087674 0.76408 0.23592 1 0 704458 704458 202569916 92128881 110441035 36698967 35057113 1641854 768481 768481 113555828 HEDGE FUNDS 10181826 F PRIVATE INVESTMENTS 20061406 F 30243232 POSTRETIREMENT BENEFITS 5289598 BOND PREMIUM 10272253 15561851 X 24882485 -25349282 -31670049 -57019331 81901816 411240 411240 82313056 57793271 6695 6695 57786576 411240 31670331 32081571 89868147 PART III, LINE 4: VARIOUS ART COLLECTIONS WERE GIVEN TO FURTHER THE CREATIVITY AND FREEDOM OF EXPRESSION OF ARTISTS AND LAWYERS IN THEIR RESPECTIVE FIELDS, AND TO FURTHER THE ONGOING AND NECESSARY DIALOGUE AND INFLUENCE BETWEEN THOSE TWO DISCIPLINES ESSENTIAL TO THE QUALITY OF LIFE AND VIBRANCE OF NY TRIBECA AND THE DOWNTOWN COMMUNITY WHICH SERVES AS HOME TO NYLS. PART V, LINE 4: NEW YORK LAW SCHOOL'S ENDOWMENT CONSISTS OF A NUMBER OF FUNDS SET UP BY DONORS FOR DIFFERENT PURPOSES. THE FUNDING IS USED FOR SCHOLARSHIPS, FACULTY RESEARCH, FACULTY PROGRAMS, AND OTHER COSTS IN ACCORDANCE WITH DONOR RESTRICTIONS. NYLS HAS ADOPTED INVESTMENT SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT. PART X, LINE 2: THE SCHOOL BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2022 AND 2021 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP PAYMENTS -31,670,331. RELATED ENTITY'S REVENUE 282. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY'S EXPENSES 6,695. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP PAYMENTS 31,670,331. 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 POLICY IS POSTED ON SCHOOL WEBSITE AND PRINTED IN THE RECRUITMENT AND APPLICATION MATERIALS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES GRANTS FROM THE DEPARTMENT OF EDUCATION. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENT 1425457 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 5663597 0 0 0 0 0 0 7089054 0 7089054 0 0 0 0 1 0 PART III ACCOUNTING METHOD: 1 SCHOLARSHIP AND GRANTS 960 31670331 FAIR MARKET VALUE PART I, LINE 2: THE SCHOLARSHIPS AWARDED ARE MONITORED THROUGHOUT THE SEMESTER. THE ORGANIZATION MAKES SURE THAT THE STUDENTS MEET THE ACADEMIC GRADES THRU THE SEMESTER. X X X X X 0 0 0 0 0 0 0 1 0 ANTHONY W CROWELL DEAN AND PRESIDENT 502216 0 0 0 93097 0 2645 0 21333 0 619291 0 0 0 GERALD KORNGOLD FACULTY 270163 0 0 0 6858 0 1564 0 58075 0 336660 0 0 0 WILLIAM P LAPIANA ASSOCIATE DEAN 252273 0 0 0 6858 0 1475 0 58165 0 318771 0 0 0 HOWARD MEYERS FACULTY 138163 0 0 0 120996 0 821 0 45760 0 305740 0 0 0 PLACHIKKAT V ANATHARAM SENIOR VP,CFO, AND TREASURER 286135 0 0 0 3564 0 1450 0 1365 0 292514 0 0 0 EDWARD A PURCELL FACULTY 241927 0 0 0 6798 0 1262 0 22335 0 272322 0 0 0 MARSHALL TRACHT FACULTY 208863 0 0 0 3564 0 1244 0 55325 0 268996 0 0 0 ELLA MAE S ESTRADA ASSOCIATE DEAN 206417 0 12500 0 0 0 1188 0 45760 0 265865 0 0 0 MATTHEW GEWOLB ASST DEAN AND SECRETARY 216676 0 0 0 486 0 1125 0 894 0 219181 0 0 0 PART I, LINE 7 THE COMPENSATION COMMITTEE OF THE BOARD APPROVED THE BONUSES. PART II, COLUMN (B)(III): AMOUNT IN THIS COLUMN FOR ANTHONY CROWELL IS A CONTRIBUTION OF $16,855 TO A 457(B) PLAN. FOR THE OTHERS PART OF THE AMOUNT INCLUDES ADJUNCT PAYMENT. A BUILD NYC SERIES 2017 454040561 12008EKV7 2016-01-01 605000 REFINANCING 0 1 0 B BUILD NYC SERIES 2018 454040561 12008EKW5 2016-01-01 1180000 REFINANCING 0 1 0 C BUILD NYC SERIES 2019 454040561 12008EKX3 2016-01-01 1930000 REFINANCING 0 1 0 D BUILD NYC SERIES 2020 454040561 12008EKY1 2016-01-01 2025000 REFINANCING 0 1 0 A 605000 11106 593894 1 0 1 1 B 1180000 21661 1158339 1 0 1 1 C 1930000 35429 1894571 1 0 1 1 D 2025000 37172 1987828 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A BUILD NYC SERIES 2021 454040561 12008EKZ8 2016-01-01 2125000 REFINANCING 0 1 0 B BUILD NYC SERIES 2022 454040561 12008ELA2 2016-01-01 3010000 REFINANCING 0 1 0 C BUILD NYC SERIES 2023 454040561 12008ELB0 2016-01-01 3165000 REFINANCING 0 1 0 D BUILD NYC SERIES 2024 454040561 12008ELC8 2016-01-01 3320000 REFINANCING 0 1 0 A 2125000 39008 2085992 1 0 1 1 B 3010000 55254 2954746 1 0 1 1 C 3165000 58099 3106901 1 0 1 1 D 3320000 60944 3259056 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A BUILD NYC SERIES 2025 454040561 12008ELD6 2016-01-01 3485000 REFINANCING 0 1 0 B BUILD NYC SERIES 2026 454040561 12008ELE4 2016-01-01 3660000 REFINANCING 0 1 0 C BUILD NYC SERIES 2027 454040561 12008ELF1 2016-01-01 3845000 REFINANCING 0 1 0 D BUILD NYC SERIES 2028 454040561 12008ELG9 2016-01-01 4035000 REFINANCING 0 1 0 A 3485000 63973 3421027 1 0 1 1 B 3660000 67186 3592814 1 0 1 1 C 3845000 70582 3774418 1 0 1 1 D 4035000 74069 3960931 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A BUILD NYC SERIES 2029 454040561 12008ELH7 2016-01-01 4240000 REFINANCING 0 1 0 B BUILD NYC SERIES 2030 454040561 12008ELJ3 2016-01-01 4450000 REFINANCING 0 1 0 C BUILD NYC SERIES 2031 454040561 12008ELK0 2016-01-01 4675000 REFINANCING 0 1 0 D BUILD NYC SERIES 2032 454040561 12008ELL8 2016-01-01 4905000 REFINANCING 0 1 0 A 4240000 77833 4162167 1 0 1 1 B 4450000 81687 4368313 1 0 1 1 C 4675000 85818 4589182 1 0 1 1 D 4905000 90040 4814960 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A BUILD NYC SERIES 2033 454040561 12008ELM6 2016-01-01 5085000 REFINANCING 0 1 0 B BUILD NYC SERIES 2034 454040561 12008ELN4 2016-01-01 5340000 REFINANCING 0 1 0 C BUILD NYC SERIES 2035 454040561 12008ELP9 2016-01-01 5605000 REFINANCING 0 1 0 D BUILD NYC SERIES 2036 454040561 12008ELS3 2016-01-01 5885000 REFINANCING 0 1 0 A 5085000 93344 4991656 1 0 1 1 B 5340000 98025 5241975 1 0 1 1 C 5605000 102890 5502110 1 0 1 1 D 5885000 108029 5776971 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A TERM BOND 2041 454040561 12008ELR5 2016-01-01 34150000 REFINANCING 0 1 0 B TERM BOND 2045 454040561 12008ELQ7 2016-01-01 33490000 REFINANCING 0 1 0 A 34150000 626883 33523117 1 0 1 1 B 33490000 614767 32875233 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 1 B 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED AND APPROVED BY THE AUDIT COMMITTEE AND THEN PRESENTED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED TO AND COMPLETED BY THE MEMBERS OF THE BOARD OF TRUSTEES OF THE SCHOOL ON AN ANNUAL BASIS. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR NOTIFYING THE BOARD OF ANY DISCLOSED CONFLICTS. A CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO ALL EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS TO ESTABLISH THE RATES OF COMPENSATION FOR THE DEAN AND PRESIDENT AS WELL AS THE ASSOCIATE DEAN FOR ACADEMIC AFFAIRS AND STUDENT ENGAGEMENT AND THE EXECUTIVE VICE PRESIDENT / CHIEF FINANCIAL OFFICER STARTED WITH A STUDY BY AN INDEPENDENT COMPENSATION CONSULTANT. THE STUDY REVIEWED COMPENSATION AT SIMILAR HIGHER EDUCATIONAL INSTITUTIONS AND CONSIDERED SIZE, SCOPE OF PROGRAM, AND GEOGRAPHIC REGION. THE COMPLETED STUDY WAS THEN REVIEWED AND A RESULTING COMPENSATION PACKAGE WAS APPROVED BY THE INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES' EXECUTIVE COMMITTEE, ACTING AS THE COMPENSATION COMMITTEE. THE APPROVED PACKAGE WAS THEN DOCUMENTED AND TRANSMITTED TO THE VICE PRESIDENT OF HUMAN RESOURCES FOR IMPLEMENTATION. FORM 990, PART VI, SECTION C, LINE 19 THE NEW YORK LAW SCHOOL MAKES ITS GOVERNING DOCUMENTS, FORM 990 AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: AMORTIZATION OF BOND PREMIUM 439,455. CHANGE IN PENSION BENEFIT OBLIGATION 2,522,548. NYLS LS -73,092. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NEW YORK LAW SCHOOL LEGAL SERVICES INC 185 WEST BROADWAY NEW YORK NY 10013 300574492 SUPPORT EDUCATIONAL PROGRAMS NY 501(C)(3) LINE 7 NEW YORK LAW SCHOOL 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0