NEW YORK MEDICAL COLLEGE: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- NEW YORK MEDICAL COLLEGE (EIN 13-1099420)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-05-14
- IRS object ID
- 202001359349302825
- Schema version
- 2018v3.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-14T13:51:39-05:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 Park Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101540102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131099420 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New York Medical College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ADAM HAMMERMAN | InCareOfNm |
| Business Name Control | NEWY | BusinessNameControlTxt |
| Phone | 9145941000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 SUNSHINE COTTAGE ROAD | AddressLine1Txt |
| City | VALHALLA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10595 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ADAM HAMMERMAN | PersonNm |
| Person Title | VP & CFO | PersonTitleTxt |
| Phone | 9145941000 | PhoneNum |
| Signature | 2020-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DEVIN L DUNCAN | PreparerPersonNm |
| PTIN | P01249521 | PTIN |
| Phone | 2127589700 | PhoneNum |
| Preparation | 2020-05-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 199.207.253.96 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 13407320201355000023 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-05-14 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | B09A8F7452AAEB109EF01FBCB66ABFE0CB6B8889 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F7E791049FCEE4943A341CCA4F642AE72B60D2A0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-09-23 17:36:50Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | EDWARD C HALPERIN MD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 SUNSHINE COTTAGE ROAD | AddressLine1Txt |
| City | VALHALLA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10595 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $154,710,433 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NYMC.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1860 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | NEW YORK MEDICAL COLLEGE IS A HEALTH SCIENCES UNIVERSITY WHOSE PURPOSE IS TO EDUCATE PHYSICIANS, SCIENTISTS PUBLIC HEALTH SPECIALISTS AND OTHER HEALTHCARE PROFESSIONALS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 1206 | TotalEmployeeCnt |
| Total Volunteers | 1142 | TotalVolunteersCnt |
| Total Gross UBI | $882,862 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $185,762 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,733,576 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,012,605 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $111,528,704 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $110,573,977 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,166,323 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,159,666 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,252,390 | PYOtherRevenueAmt |
| CY Other Revenue | $3,366,588 | CYOtherRevenueAmt |
| PY Total Revenue | $121,680,993 | PYTotalRevenueAmt |
| CY Total Revenue | $123,112,836 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,132,057 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,643,352 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $84,190,137 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $80,210,912 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,213,311 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $35,649,860 | PYOtherExpensesAmt |
| CY Other Expenses | $35,988,870 | CYOtherExpensesAmt |
| PY Total Expenses | $125,972,054 | PYTotalExpensesAmt |
| CY Total Expenses | $122,843,134 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$4,291,061 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $269,702 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $327,918,332 | TotalAssetsBOYAmt |
| Total Assets EOY | $321,592,523 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $152,748,005 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $144,547,298 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $175,170,327 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $177,045,225 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | NEW YORK MEDICAL COLLEGE IS A HEALTH SCIENCES UNIVERSITY WHOSE PURPOSE IS TO EDUCATE PHYSICIANS, SCIENTISTS, PUBLIC HEALTH SPECIALISTS AND OTHER HEALTHCARE PROFESSIONALS. (SEE SCHEDULE O) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $75,419,459 | ExpenseAmt |
| Grant | $6,643,352 | GrantAmt |
| Revenue | $88,754,185 | RevenueAmt |
| Desc | Professional Education: Educate individuals for careers in medical, science and health professions. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $16,547,625 | ExpenseAmt |
| Revenue | $17,617,338 | RevenueAmt |
| Desc | Affiliation and Faculty Practice: NYMC Faculty members provide supervision, teaching and related administrative services at Westchester Medical Center and other metropolitan area hospitals in support of various medical student residency programs. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,426,510 | ExpenseAmt |
| Revenue | $5,431,967 | RevenueAmt |
| Desc | Auxiliary: Campus services (housing and dining) provided to the students and the NYMC community to live and function on campus. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $95,393,594 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 382 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1206 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ID | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ADAM HAMMERMAN | PersonNm |
| Phone | 9145944750 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 Sunshine Cottage Road | AddressLine1Txt |
| City | Valhalla | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10595 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Dr Mark Hasten | |||||||||
| CHAIRMAN AND TRUSTEE | 0.38 | 4.12 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Alan Kadish | |||||||||
| President and Trustee | 11.0 | 24.0 | Yes (X) | Yes (X) | $0 | $796,447 | $174,551 | ||
| Robert Alter | |||||||||
| Trustee | 0.38 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Gary Barnett | |||||||||
| Trustee | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Howard Baruch | |||||||||
| Trustee | 0.38 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ben Chouake | |||||||||
| Trustee | 0.5 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Dee Delbello | |||||||||
| Trustee | 0.23 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Rabbi Menachem Genack | |||||||||
| Trustee | 0.31 | 34.69 | Yes (X) | $0 | $80,200 | $3,253 | |||
| Gary Gettenberg | |||||||||
| Trustee | 0.04 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Munr Kazmir | |||||||||
| Trustee | 0.15 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Moshe Lichtenstein | |||||||||
| Trustee | 0.27 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Joseph Mark | |||||||||
| VICE CHAIRMAN AND TRUSTEE | 0.5 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Alina Moran | |||||||||
| Trustee | 0.19 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Stephen J Nicholas | |||||||||
| Trustee | 0.15 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Martin Oliner | |||||||||
| Trustee | 0.19 | 0.81 | Yes (X) | $0 | $0 | $0 | |||
| Eliot Peyser | |||||||||
| Trustee | 0.23 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ronald F Poe | |||||||||
| Trustee | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Joseph Popack | |||||||||
| Trustee | 0.27 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Avi Retter | |||||||||
| Trustee | 0.19 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Stephen Rosenberg | |||||||||
| Trustee | 0.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Alan Rosenthal | |||||||||
| Trustee | 0.08 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Henry Saphier | |||||||||
| Trustee | 0.42 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Joseph Schwartz | |||||||||
| Trustee | 0.19 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ROSALYN ESTHER STAHL | |||||||||
| Trustee | 0.27 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Kenneth Theobalds | |||||||||
| Trustee | 0.08 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Robert Amler | |||||||||
| DEAN SHSP | 35.0 | 0.0 | Yes (X) | $399,635 | $0 | $27,982 | |||
| Jerry Nadler beg 3319 | |||||||||
| Dean of the School of Medicine | 35.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Edward C Halperin | |||||||||
| CHANCELLOR, CEO, INTERM. DEAN | 35.0 | 0.0 | Yes (X) | $554,026 | $0 | $54,770 | |||
| Adam Hammerman | |||||||||
| VP & CFO | 35.0 | 0.0 | Yes (X) | $242,276 | $0 | $63,704 | |||
| Nicholas Janiga | |||||||||
| VP, Chief Counsel & ASST SEC | 35.0 | 0.0 | Yes (X) | $262,443 | $0 | $63,157 | |||
| Michael Newman | |||||||||
| Secretary | 0.5 | 35.0 | Yes (X) | $0 | $284,044 | $32,467 | |||
| David Raab | |||||||||
| Executive VP (End 9/3/18) | 10.0 | 25.0 | Yes (X) | $235,854 | $66,540 | $46,052 | |||
| Marina Holz | |||||||||
| Dean GSBMS (beg 10/17/18) | 35.0 | 0.0 | Yes (X) | $75,086 | $0 | $0 | |||
| Mitchell Cairo | |||||||||
| Professor | 35.0 | 0.0 | $448,070 | $0 | $54,880 | Yes (X) | |||
| Michael Gewitz | |||||||||
| Professor | 35.0 | 0.0 | $451,808 | $0 | $51,768 | Yes (X) | |||
| Gerard M Villucci | |||||||||
| Administrator | 35.0 | 0.0 | $375,786 | $0 | $70,746 | Yes (X) | |||
| Fredrick Z Bierman | |||||||||
| SENIOR ASSOCIATE DEAN | 35.0 | 0.0 | $330,509 | $0 | $44,975 | Yes (X) | |||
| Joseph F Morales | |||||||||
| Professor | 35.0 | 0.0 | $327,797 | $0 | $50,412 | Yes (X) | |||
| Francis Belloni | |||||||||
| Dean, GSBMS (END 6/30/17) | 35.0 | 0.0 | $189,856 | $0 | $53,700 | Yes (X) | |||
| George Nestler | |||||||||
| AVP & Controller (End 6/30/17) | 35.0 | 0.0 | $173,193 | $0 | $50,210 | Yes (X) | |||
| Jennifer Riekert | |||||||||
| VP Communication (End 6/30/17) | 35.0 | 0.0 | $166,157 | $0 | $12,800 | Yes (X) | |||
| Michael Rogovin | |||||||||
| VP Operations (End 6/30/17) | 35.0 | 0.0 | $187,469 | $0 | $61,759 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,419,965 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,227,231 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $917,186 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 177 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (true) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Pavarini North East Construction Co | |||||
| 30 Oak Street | Stamford | CT | 06905 | Construction | $1,630,119 |
| Able Services | |||||
| PO BOX 8000 | Buffalo | NY | 14267 | Cleaning Service | $1,064,093 |
| Elsevier Inc | |||||
| PO BOX 7247-8455 | Philadelphia | PA | 19170 | Online Books | $758,390 |
| LESSINGS inc | |||||
| PO BOX 3648 | BOSTON | MA | 022413648 | Cafeteria | $434,669 |
| HI LINK COMPUTERS CORP | |||||
| 60 LONG RIDGE ROAD | STAMFORD | CT | 06902 | COMPUTERS & SOFTWARE | $419,070 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 44 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $321,844 | FundraisingAmt |
| Government Grants | $260,884 | GovernmentGrantsAmt |
| All Other Contributions | $4,429,877 | AllOtherContributionsAmt |
| Noncash Contributions | $12,799 | NoncashContributionsAmt |
| Total Contributions | $5,012,605 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and Fees | 611310 | $64,640,415 | $64,640,415 |
| Affiliation Fees | 611310 | $13,755,925 | $13,755,925 |
| RESEARCH AND SPONSORED PROJECTS | 611310 | $22,884,257 | $22,884,257 |
| Faculty Practice Plans | 611310 | $3,861,413 | $3,861,413 |
| Auxiliary Enterprises | 611310 | $5,431,967 | $5,431,967 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $110,573,977 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,960,967 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $172,981 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$24,880 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,812,866 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,547 | TotalRevenueColumnAmt |
| Exclusion | $17,547 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,398,374 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,741,866 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,656,508 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,656,508 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $189,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,467,508 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $29,954,030 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,772,878 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,181,152 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,181,152 | TotalRevenueColumnAmt |
| Exclusion | $1,181,152 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $17,659 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $321,844 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $82,853 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$65,194 | TotalRevenueColumnAmt |
| Exclusion | -$65,194 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Comparative Medicine | 611310 | $1,351,397 | $632,655 | $718,742 |
| OTHER REVENUE | 611310 | $423,877 | $423,877 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,775,274 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $123,112,836 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $111,803,490 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $882,862 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,413,879 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,174,051 | TotalAmt |
| Program Services | $1,174,051 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,469,301 | TotalAmt |
| Program Services | $5,469,301 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,175,257 | TotalAmt |
| Program Services | $817,821 | ProgramServicesAmt |
| Management And General | $1,357,436 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,050,851 | TotalAmt |
| Program Services | $50,650,366 | ProgramServicesAmt |
| Management And General | $8,791,604 | ManagementAndGeneralAmt |
| Fundraising | $608,881 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,082,711 | TotalAmt |
| Program Services | $2,575,430 | ProgramServicesAmt |
| Management And General | $480,597 | ManagementAndGeneralAmt |
| Fundraising | $26,684 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,912,420 | TotalAmt |
| Program Services | $8,571,275 | ProgramServicesAmt |
| Management And General | $2,209,491 | ManagementAndGeneralAmt |
| Fundraising | $131,654 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,989,673 | TotalAmt |
| Program Services | $3,274,791 | ProgramServicesAmt |
| Management And General | $673,195 | ManagementAndGeneralAmt |
| Fundraising | $41,687 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,256 | TotalAmt |
| Management And General | $133,256 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $264,369 | TotalAmt |
| Management And General | $264,369 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,181 | TotalAmt |
| Management And General | $82,181 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $335,114 | TotalAmt |
| Management And General | $335,114 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,050,722 | TotalAmt |
| Program Services | $1,931,642 | ProgramServicesAmt |
| Management And General | $1,098,703 | ManagementAndGeneralAmt |
| Fundraising | $20,377 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,178 | TotalAmt |
| Management And General | $131,628 | ManagementAndGeneralAmt |
| Fundraising | $35,550 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,670,823 | TotalAmt |
| Program Services | $970,025 | ProgramServicesAmt |
| Management And General | $609,473 | ManagementAndGeneralAmt |
| Fundraising | $91,325 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $936,439 | TotalAmt |
| Program Services | $505,183 | ProgramServicesAmt |
| Management And General | $407,974 | ManagementAndGeneralAmt |
| Fundraising | $23,282 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,947,679 | TotalAmt |
| Program Services | $760,792 | ProgramServicesAmt |
| Management And General | $5,185,411 | ManagementAndGeneralAmt |
| Fundraising | $1,476 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $803,168 | TotalAmt |
| Program Services | $679,635 | ProgramServicesAmt |
| Management And General | $118,331 | ManagementAndGeneralAmt |
| Fundraising | $5,202 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,886 | TotalAmt |
| Program Services | $130,760 | ProgramServicesAmt |
| Management And General | $11,583 | ManagementAndGeneralAmt |
| Fundraising | $2,543 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,758,366 | TotalAmt |
| Program Services | $3,921,487 | ProgramServicesAmt |
| Management And General | $836,879 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,536,084 | TotalAmt |
| Program Services | $8,181,700 | ProgramServicesAmt |
| Management And General | $2,250,320 | ManagementAndGeneralAmt |
| Fundraising | $104,064 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $598,107 | TotalAmt |
| Program Services | $127,142 | ProgramServicesAmt |
| Management And General | $470,965 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Supplies | $3,262,280 | $3,254,498 | $7,665 | $117 |
| Student Activities | $1,440,066 | $1,438,566 | $1,000 | $500 |
| Dues and Memberships | $467,599 | $240,958 | $222,250 | $4,391 |
| Catering and Food Service | $496,694 | $308,588 | $154,484 | $33,622 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $893,859 | TotalAmt |
| Program Services | $409,583 | ProgramServicesAmt |
| Management And General | $402,320 | ManagementAndGeneralAmt |
| Fundraising | $81,956 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,843,134 | TotalAmt |
| Program Services | $95,393,594 | ProgramServicesAmt |
| Management And General | $26,236,229 | ManagementAndGeneralAmt |
| Fundraising | $1,213,311 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,166,506 | BOYAmt |
| EOY | $1,565,366 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,974,957 | BOYAmt |
| EOY | $10,794,608 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,374,053 | BOYAmt |
| EOY | $2,782,431 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,281,731 | BOYAmt |
| EOY | $12,755,590 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,267,769 | BOYAmt |
| EOY | $7,268,591 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,286 | BOYAmt |
| EOY | $114,286 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,185,357 | BOYAmt |
| EOY | $926,188 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $249,199,613 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $68,838,931 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,404,215 | BOYAmt |
| EOY | $180,360,682 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,120,606 | BOYAmt |
| EOY | $76,303,241 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,753,149 | BOYAmt |
| EOY | $18,171,483 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,200,000 | BOYAmt |
| EOY | $10,200,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,703 | BOYAmt |
| EOY | $350,057 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $327,918,332 | BOYAmt |
| EOY | $321,592,523 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,464,377 | BOYAmt |
| EOY | $26,916,694 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,634,296 | BOYAmt |
| EOY | $14,147,436 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,046,281 | BOYAmt |
| EOY | $45,897,262 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,146,745 | BOYAmt |
| EOY | $2,000,356 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,518,174 | BOYAmt |
| EOY | $21,441,623 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,938,132 | BOYAmt |
| EOY | $34,143,927 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,748,005 | BOYAmt |
| EOY | $144,547,298 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,267,415 | BOYAmt |
| EOY | $114,911,674 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,480,885 | BOYAmt |
| EOY | $21,115,614 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,422,027 | BOYAmt |
| EOY | $41,017,937 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $175,170,327 | BOYAmt |
| EOY | $177,045,225 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $327,918,332 | BOYAmt |
| EOY | $321,592,523 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $269,702 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,299,093 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $306,103 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $82,181 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $304 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $82,485 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART II-B, LINE 1 | FormAndLineReferenceDesc |
| Explanation | NEW YORK MEDICAL COLLEGE RETAINED THE LAW FIRM OF HINMAN STRAUB, 121 STATE STREET, ALBANY, NEW YORK. CONSIDERATION OF $80,586 WAS PAID FOR LOBBYING SERVICES AND ADVICE REGARDING THE APPROPRIATION BY THE NEW YORK STATE LEGISLATURE AND THE PAYMENT BY THE STATE OF NEW YORK OF GRANT MONIES TO NEW YORK MEDICAL COLLEGE TO SUPPORT BIOMEDICAL RESEARCH. THE COLLEGE'S LOBBYING ACTIVITIES, WITH THE ASSISTANCE OF HINMAN STRAUB, INCLUDED SEVERAL MEETINGS AND TELEPHONE CONVERSATIONS WITH STATE LEGISLATORS AND EXECUTIVE DEPARTMENT OFFICIALS TO MAKE THEM AWARE OF THE IMPORTANCE OF NEW YORK MEDICAL COLLEGE AND BIOMEDICAL RESEARCH IN THE HUDSON VALLEY AREA OF NEW YORK AND THE DIFFICULTY THE FINANCIAL PROBLEMS OF HOSPITALS IN NEW YORK STATE WAS HAVING ON MEDICAL EDUCATION AND RESEARCH AS WELL AS PATIENT CARE. NEW YORK MEDICAL COLLEGE ALSO RETAINED THE LAW FIRM OF DELBELLO DONNELLAN WEINGARTEN WISE AND WIEDERKEHR LLP, ONE NORTH LEXINGTON AVENUE, WHITE PLAINS, NY 10601. CONSIDERATION OF $1,595 WAS PAID FOR LOBBYING SERVICES AND ADVICE REGARDING CERTAIN WESTCHESTER COUNTY LAND USE ISSUES. THE COLLEGE PAYS ANNUAL DUES TO NACUBO, A PORTION OF WHICH ARE ATTRIBUTABLE TO LOBBYING. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $70,345,328 | BeginningYearBalanceAmt |
| Contributions | $200,408 | ContributionsAmt |
| Investment Earnings Or Losses | $3,659,952 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,312,320 | OtherExpendituresAmt |
| Administrative Expenses | $217,811 | AdministrativeExpensesAmt |
| End Year Balance | $70,675,557 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $66,284,782 | BeginningYearBalanceAmt |
| Contributions | $1,687,842 | ContributionsAmt |
| Investment Earnings Or Losses | $5,438,747 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,958,787 | OtherExpendituresAmt |
| Administrative Expenses | $107,256 | AdministrativeExpensesAmt |
| End Year Balance | $70,345,328 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $62,771,921 | BeginningYearBalanceAmt |
| Contributions | $986,954 | ContributionsAmt |
| Investment Earnings Or Losses | $4,806,356 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,276,230 | OtherExpendituresAmt |
| Administrative Expenses | $4,219 | AdministrativeExpensesAmt |
| End Year Balance | $66,284,782 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $66,345,921 | BeginningYearBalanceAmt |
| Contributions | $288,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,125,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,593,000 | OtherExpendituresAmt |
| Administrative Expenses | $144,000 | AdministrativeExpensesAmt |
| End Year Balance | $62,771,921 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $63,114,921 | BeginningYearBalanceAmt |
| Contributions | $4,571,000 | ContributionsAmt |
| Investment Earnings Or Losses | $1,102,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,340,000 | OtherExpendituresAmt |
| Administrative Expenses | $102,000 | AdministrativeExpensesAmt |
| End Year Balance | $66,345,921 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.43370 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.29610 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.27020 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $23,975,461 | OtherCostOrOtherBasisAmt |
| Book Value | $23,975,461 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $175,741,673 | OtherCostOrOtherBasisAmt |
| Depreciation | $41,515,655 | DepreciationAmt |
| Book Value | $134,226,018 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $390,466 | OtherCostOrOtherBasisAmt |
| Depreciation | $223,625 | DepreciationAmt |
| Book Value | $166,841 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $25,610,932 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,899,378 | DepreciationAmt |
| Book Value | $8,711,554 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $23,481,079 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,200,271 | DepreciationAmt |
| Book Value | $13,280,808 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $180,360,682 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ALTERNATIVE INVESTMENTS | $3,654,050 | F |
| BEN INT IN PERPETUAL TRUSTS | $12,367,598 | F |
| OTHER PARTNERSHIP INVESTMENTS | $1,820,956 | F |
| REAL ESTATE PARTNERSHIPS | $328,879 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $18,171,483 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| TAXABLE BONDS | $27,922,842 |
| REFUNDABLE FED. STUDENT LOANS | $5,230,996 |
| PAYABLE TO BIOINC | $676,764 |
| OTHER LIABILITIES | $313,325 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $34,143,927 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $122,487,845 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,299,093 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $3,880,331 | OtherRevenueAmt |
| Revenue Not Reported | $5,179,424 | RevenueNotReportedAmt |
| Revenue Subtotal | $117,308,421 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $335,114 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $5,469,301 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,804,415 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $123,112,836 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $120,190,681 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $3,151,962 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $3,151,962 | ExpensesNotReportedAmt |
| Expenses Subtotal | $117,038,719 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $335,114 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $5,469,301 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,804,415 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $122,843,134 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PART IV, LINE 2B | FormAndLineReferenceDesc |
| Explanation | AMOUNTS REPRESENT TUITION PAYMENTS RECEIVED IN ADVANCE AND HELD IN ESCROW BY THE COLLEGE. Schedule D, Part V, Line 4 THE COLLEGE ENDOWMENT CONSISTS OF APPROXIMATELY 114 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. Schedule D, Part X, Line 2 THE COLLEGE PRESCRIBES TO A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AS OF JUNE 30, 2019, THE COLLEGE DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ANY UNRELATED BUSINESS INCOME TAX LIABILITY, WHICH WOULD HAVE A MATERIAL IMPACT UPON ITS FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2d RENTAL EXPENSES 2,741,866 CHANGE IN FMV IN PERPETUAL TRUST -73,894 REVENUE FROM CONSOLIDATED ORGANIZATION 749,509 SPECIAL EVENT EXPENSES 82,853 POSTRETIREMENT-RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COSTS 379,997 --------------- 3,880,331 Schedule D, Part XI, Line 4b SCHOLARSHIPS 5,097,456 TUITION REMISSION 371,845 --------------- 5,469,301 Schedule D, Part XII, Line 2d RENTAL EXPENSES 2,741,866 SPECIAL EVENT EXPENSES 82,853 EXPENSES FROM CONSOLIDATED ORGANIZATION 327,243 --------------- 3,151,962 Schedule D, Part XII, Line 4b SCHOLARSHIPS 5,097,456 TUITION REMISSION 371,845 --------------- 5,469,301 | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990, Schedule E, Part II | FormAndLineReferenceDesc |
| Explanation | SCHEDULE E, PART I, LINE 3 - THE SOLICITATION MATERIALS REQUESTED FROM OR SENT BY THE INSTITUTION CONTAIN A STATEMENT OF ITS POLICY ON NON-DISCRIMINATION. THE COLLEGE POLICY ON NON-DISCRIMINATION IS ALSO DISPLAYED ON ITS PUBLIC WEBSITE. SCHEDULE E, PART I, LINE 6 - THE COLLEGE RECEIVES ANNUAL FUNDING APPROPRIATED FROM THE NEW YORK STATE BUNDY AID PROGRAM. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Central America and the Caribbean | RegionTxt |
| Type Of Activities Conducted | Investments | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $3,654,050 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $3,654,050 | SubtotalSpentAmt |
| Total Spent | $3,654,050 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | THE INVESTMENTS LISTED ON PART I ARE REPORTED AT FAIR MARKET VALUE. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Founders Dinner | Event1Nm |
| Gross Receipts Event1 | $339,503 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $321,844 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $17,659 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $20,081 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $28,392 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $400 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $33,980 | OtherDirectExpensesEvent1Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $339,503 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $321,844 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $17,659 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $20,081 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $28,392 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $400 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $33,980 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $82,853 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$65,194 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (17 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|
| Oregon Health and Science University | |||||||||
| 2525 SW 3rd Ave | Suite 245 | Portland | OR | 97201 | 931176109 | OREGON | $257,379 | FMV | RESEARCH |
| University of Rochester | |||||||||
| 601 Elmwood Avenue | Rochester | NY | 14642 | 160743209 | 501(C)(3) | $58,054 | FMV | RESEARCH RESEARCH | |
| Open Door Family Medical Center | |||||||||
| 165 Main Street | ossining | NY | 10562 | 132813103 | 501(C)(3) | $50,873 | FMV | RESEARCH RESEARCH | |
| Touro University California | |||||||||
| 1310 Club Drive | Vallejo | CA | 94592 | 133838740 | 501(C)(3) | $48,449 | FMV | RESEARCH RESEARCH | |
| Medical College of Wisconsin | |||||||||
| 8701 Watertown Plank Rd | Milwaukee | WI | 53226 | 390806261 | 501(C)(3) | $22,768 | FMV | RESEARCH RESEARCH | |
| University of Maryland Baltimore | |||||||||
| 685 West Baltimore St | baltimore | MD | 21201 | 526002033 | maryland | $34,671 | FMV | RESEARCH RESEARCH | |
| Baystate Medical Center Inc | |||||||||
| 759 Chestnut Street | Springfield | MA | 01199 | 042790311 | 501(C)(3) | $39,549 | FMV | RESEARCH RESEARCH | |
| Baylor College of Medicine | |||||||||
| One Baylor Plaza | Houston | TX | 77030 | 741613878 | 501(C)(3) | $27,221 | FMV | RESEARCH RESEARCH | |
| Children's Hospital of Los Angeles | |||||||||
| 4650 Sunset Blvd | Los Angeles | CA | 90027 | 951690977 | 501(C)(3) | $5,210 | FMV | RESEARCH RESEARCH | |
| Tufts Medical Center | |||||||||
| 800 Washington Street 453 | boston | MA | 02111 | 270440772 | 501(C)(3) | $45,056 | FMV | RESEARCH RESEARCH | |
| University of Texas SW Medical Center | |||||||||
| 5323 Harry Hines Blvd | MC 929 | Dallas | TX | 75390 | 756002868 | TEXAS | $58,423 | FMV | RESEARCH RESEARCH |
| Yale University | |||||||||
| PO Box 1873 | New Haven | CT | 06508 | 060646973 | 501(C)(3) | $12,187 | FMV | RESEARCH RESEARCH | |
| Marshall University Research Corp | |||||||||
| 401 11th Street | Huntington | WV | 25701 | 550683361 | 501(C)(3) | $23,252 | FMV | RESEARCH RESEARCH | |
| Regents University of Michigan | |||||||||
| 5050 Wolverine Tower | Ann Arbor | MI | 48109 | 386006309 | 501(C)(3) | $68,165 | FMV | RESEARCH | |
| Albert Einstein College of Medicine | |||||||||
| 1300 Morris Park Avenue | Bronx | NY | 10461 | 472209056 | 501(C)(3) | $130,613 | FMV | RESEARCH | |
| Westchester County Health Care Corp | |||||||||
| 100 Woods Road | Valhalla | NY | 10595 | 133964321 | 501(C)(3) | $282,180 | FMV | RESEARCH | |
| University of California at LA (UCLA) | |||||||||
| 405 Hilgard Avenue | Los Angeles | CA | 90095 | 956006143 | CALIFORNIA | $8,000 | FMV | RESEARCH | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 17 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships & Grants | GrantTypeTxt |
| Recipient | 414 | RecipientCnt |
| Cash Grant | $5,469,301 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS ARE AWARDED BASED ON MERIT AND BASED ON NEED. THE BURSAR'S OFFICE MONITORS THE USE OF SUCH FUNDS TO THE EXTENT THAT THEY ARE USED EXCLUSIVELY FOR TUITION AND FEES. WHEN SCHOLARSHIPS ARE AWARDED, THE AMOUNT DISBURSED GOES DIRECTLY AGAINST THE BALANCE A STUDENT HAS WITH THE BURSAR'S OFFICE. WITH RESPECT TO GRANTS RECEIVED BY ORGANIZATIONS WITHIN THE UNITED STATES, THE COLLEGE REQUIRES PASS-THROUGH REPORTS (ATTESTATION OF EFFORT) FROM ITS SUBRECIPIENTS AS OUTLINED IN THE GRANT AGREEMENT WITH THE SUBRECIPIENT. THE TIME AND EFFORT ATTESTATION MUST BE APPROVED BY THE PRINCIPAL INVESTIGATOR OF THE GRANT TO ENSURE RECEIPT OF WORK PERFORMED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alan Kadish | ||||||||||||||
| President and Trustee | $0 | $794,863 | $1,584 | $0 | $45,000 | $0 | $129,551 | $0 | $970,998 | $0 | $0 | |||
| Francis Belloni | ||||||||||||||
| Dean, GSBMS (END 6/30/17) | $187,438 | $0 | $0 | $23,400 | $0 | $37,304 | $0 | $250,560 | $0 | $0 | $0 | $0 | $2,418 | |
| George Nestler | ||||||||||||||
| AVP & Controller (End 6/30/17) | $166,934 | $0 | $0 | $20,190 | $0 | $36,417 | $0 | $229,800 | $0 | $0 | $0 | $0 | $6,259 | |
| Jennifer Riekert | ||||||||||||||
| VP Communication (End 6/30/17) | $166,015 | $0 | $0 | $12,800 | $0 | $2,660 | $0 | $181,617 | $0 | $0 | $0 | $0 | $142 | |
| Michael Rogovin | ||||||||||||||
| VP Operations (End 6/30/17) | $186,678 | $0 | $0 | $17,143 | $0 | $45,762 | $0 | $250,374 | $0 | $0 | $0 | $0 | $791 | |
| Robert Amler | ||||||||||||||
| DEAN SHSP | $357,232 | $0 | $0 | $26,231 | $0 | $3,022 | $0 | $428,888 | $0 | $0 | $0 | $0 | $22,403 | $20,000 |
| Edward C Halperin | ||||||||||||||
| CHANCELLOR, CEO, INTERM. DEAN | $531,868 | $0 | $0 | $26,231 | $0 | $29,811 | $0 | $610,068 | $0 | $0 | $0 | $0 | $22,158 | |
| Adam Hammerman | ||||||||||||||
| VP & CFO | $241,908 | $0 | $0 | $23,258 | $0 | $41,658 | $0 | $307,192 | $0 | $0 | $0 | $0 | $368 | |
| Nicholas Janiga | ||||||||||||||
| VP, Chief Counsel & ASST SEC | $262,178 | $0 | $0 | $25,654 | $0 | $39,711 | $0 | $327,808 | $0 | $0 | $0 | $0 | $265 | |
| Michael Newman | ||||||||||||||
| Secretary | $0 | $283,518 | $526 | $0 | $10,784 | $0 | $21,683 | $0 | $316,511 | $0 | $0 | |||
| David Raab | ||||||||||||||
| Executive VP (End 9/3/18) | $233,188 | $0 | $66,540 | $19,761 | $0 | $26,291 | $0 | $281,906 | $66,540 | $0 | $0 | $0 | $2,666 | |
| Mitchell Cairo | ||||||||||||||
| Professor | $444,260 | $0 | $0 | $26,231 | $0 | $29,173 | $0 | $503,474 | $0 | $0 | $0 | $0 | $3,810 | |
| Michael Gewitz | ||||||||||||||
| Professor | $447,768 | $0 | $0 | $34,830 | $0 | $24,024 | $0 | $510,662 | $0 | $0 | $0 | $0 | $4,040 | |
| Gerard M Villucci | ||||||||||||||
| Administrator | $375,116 | $0 | $0 | $26,231 | $0 | $45,864 | $0 | $447,881 | $0 | $0 | $0 | $0 | $670 | |
| Fredrick Z Bierman | ||||||||||||||
| SENIOR ASSOCIATE DEAN | $324,329 | $0 | $0 | $26,231 | $0 | $21,518 | $0 | $378,258 | $0 | $0 | $0 | $0 | $6,180 | |
| Joseph F Morales | ||||||||||||||
| Professor | $326,345 | $0 | $0 | $34,830 | $0 | $23,539 | $0 | $386,166 | $0 | $0 | $0 | $0 | $1,452 | |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1A | HOUSING ALLOWANCE DAVID RAAB HAS A HOUSING ALLOWANCE FROM TOURO COLLEGE, A RELATED ENTITY, WHICH IS INCLUDED IN TAXABLE COMPENSATION. |
| SCHEDULE J, PART I, LINE 4B | NONQUALIFIED DEFERRED COMPENSATION PLAN THE PRESIDENT PARTICIPATES IN A 457(F) DEFERRED COMPENSATION PLAN; AMOUNTS IN COLUMN (C) INCLUDE A DEFERRAL OF $31,250. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dormitory Authority of the State of New York | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 146000293 | BondIssuerEIN |
| CUSIP | 649907M82 | CUSIPNum |
| Bond Issued | 2014-06-26 | BondIssuedDt |
| Issue Price | $59,716,460 | IssuePriceAmt |
| Purpose | CONSTRUCTION AND REAL ESTATE ACQ. | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | Yes (true) | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $150,000 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $48,338,203 | TotalProceedsAmt |
| In Reserve Fund | $4,664,002 | InReserveFundAmt |
| Capitalized Interest | $3,932,790 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $900,851 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $37,951,254 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $1,399,798 | UnspentAmt |
| Refunding Tax Exempt Bonds | false | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (true) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (true) | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | Yes (true) | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE A | THIS BOND ISSUE IS POOLED FINANCING TOTALING $59,716,460 BETWEEN 3 ENTITIES. THE AMOUNT ALLOCATED TO NYMC IS LISTED IN PART II, LINE 3- $48,338,203. THE INFORMATION LISTED IN PART II, LINES 4-11 ARE THE AMOUNTS ALLOCATED TO NYMC. |
| PART III, LINES 2, 3A, 4 AND 5 | THE COLLEGE REVIEWS ALL ACTIVITY PROPOSED FOR ITS BOND-FINANCED FACILITIES, AND ALLOWS IN THOSE FACILITIES ONLY ACTIVITIES THAT EITHER MEET THE INCIDENTAL CONTRACT EXCEPTION OR REVENUE PROCEDURE 2016-44 SAFE HARBOR. THE COLLEGE HAS RENTAL AGREEMENTS WHICH DO NOT GENERATE PBU BECAUSE THEY ARE IN SPACE FINANCED WITH EQUITY. PART IV, LINES 2C THE MOST RECENT ARBITRAGE CALCULATION OCCURED ON 07/02/2019. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| SUBSTANTIAL CONTRIBUTOR 56 | |||
| External Auditor | $442,422 | Auditing Fees | false |
| Kristen Nestler | |||
| Former Officer's Daughter | $85,551 | Employee at the College | false |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| ORGANIZATION'S MISSION | FORM 990, PART III, LINE 1 NEW YORK MEDICAL COLLEGE CONDUCTS BIOMEDICAL AND POPULATION-BASED RESEARCH. THROUGH ITS FACULTY AND AFFILIATED CLINICAL PARTNERS, THE COLLEGE PROVIDES SERVICE TO ITS COMMUNITY IN AN ATMOSPHERE OF EXCELLENCE, SCHOLARSHIP AND PROFESSIONALISM. NEW YORK MEDICAL COLLEGE BELIEVES THAT THE RICH DIVERSITY OF ITS STUDENT BODY AND FACULTY IS IMPORTANT TO ITS MISSION OF EDUCATING OUTSTANDING HEALTH CARE PROFESSIONALS FOR THE MULTICULTURAL WORLD OF THE 21ST CENTURY. |
| ORGANIZATION MEMBERS | FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF NEW YORK MEDICAL COLLEGE IS NYMC, LLC. |
| Form 990, Part VI, Section A, Line 7A | THE SOLE MEMBER OF NEW YORK MEDICAL COLLEGE IS NYMC, LLC. NYMC, LLC ELECTS AND APPROVES THE PRESIDENT, CHANCELLOR FOR HEALTH AFFAIRS/CEO AND CHAIRMAN OF THE BOARD OF TRUSTEES AND APPROVES SIGNIFICANT DECISIONS OF THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE COLLEGE'S ORGANIZATIONAL DOCUMENTS DESCRIBE THE PROCESS FOR MEMBER APPROVAL OF SIGNIFICANT DECISIONS OF THE GOVERNING BODY. ARTICLE II, SECTION 6 OF THE BYLAWS REQUIRES MEMBERSHIP APPROVAL BY THE SOLE MEMBER NYMC LLC FOR THE FOLLOWING PROPOSED ACTIONS: I. ELECTION OF THE TRUSTEES OF THE CORPORATION; II. ANY AMENDMENT TO THE CERTIFICATE OF INCORPORATION BYLAWS OF MISSION STATEMENT OF THE CORPORATION; III. APPROVAL OF ANY MAJOR CAPITAL PROJECT INVOLVING THE SALE, ASSIGNMENT, LEASE, PLEDGE, TRANSFER OR OTHER ENCUMBRANCE OF SUBSTANTIAL FIXED ASSETS OF THE CORPORATION; V. APPROVAL OF ANY UNSECURED DEBT INCURRENCE IN AN AMOUNT GREATER THAN 5% OF THE CORPORATION'S OPERATING BUDGET; VI. APPROVAL OF THE ESTABLISHMENT OF A NEW RELATED ENTITY OF THE CORPORATION; VII. REMOVAL WITH OR WITHOUT CAUSE OF ANY OR ALL OF THE TRUSTEES; VIII. APPROVAL OF (A) THE PURCHASE, SALE, MORTGAGE OR LEASE OF REAL PROPERTY WHICH CONSTITUTES A MATERIAL PORTION OF THE ASSETS OF THE CORPORATION OR (B) THE SALE, ASSIGNMENT OF OTHER DISPOSITION OF ALL OR A MATERIAL PORTION OF THE ASSETS OF THE CORPORATION; IX. APPROVAL OF ANY MERGER, CONSOLIDATION, PURCHASE OR JOINT OPERATION AGREEMENT INVOLVING THE CORPORATION; AND X. APPROVAL OF ANY PLAN OF DISSOLUTION OR LIQUIDATION OF THE CORPORATION. |
| FORM 990 REVIEW | FORM 990, PART VI, SECTION B, LINE 11B THE NEW YORK MEDICAL COLLEGE FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM THEN REVIEWED BY SENIOR MANAGEMENT, SPECIFICALLY THE CONTROLLER, VICE PRESIDENT & CFO AND GENERAL COUNSEL AND SUBMITTED TO AND REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. COPIES OF THIS RETURN ARE DISTRIBUTED TO THE FULL BOARD OF TRUSTEES BEFORE THE FORM IS FILED. CONFLICT OF INTEREST REVIEW FORM 990, PART VI, SECTION B, LINE 12C THERE ARE TWO CONFLICT OF INTEREST POLICIES, ONE FOR THE MEMBERS OF THE BOARD OF TRUSTEES AND THE SECOND APPLICABLE TO ALL FULL-TIME FACULTY AND EMPLOYEES OF NEW YORK MEDICAL COLLEGE. ANNUAL DISCLOSURE FORMS ARE DISTRIBUTED AND ARE REQUIRED TO BE SUBMITTED BY BOTH POLICIES. COMPLIANCE WITH THE BOARD OF TRUSTEES CONFLICT OF INTEREST POLICY IS MONITORED BY THE COLLEGE'S INSTITUTIONAL COMPLIANCE OFFICER, THE AUDIT COMMITTEE, AND THE BOARD OF TRUSTEES OF THE COLLEGE. COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY APPLICABLE TO FULL-TIME FACULTY AND EMPLOYEES IS MONITORED BY THE INSTITUTIONAL COMPLIANCE COMMITTEE AND THE AUDIT COMMITTEE OF THE COLLEGE. Formal conflict management plans are implemented for any actual conflicts of interest. |
| COMPENSATION REVIEW | FORM 990, PART VI, SECTION B, LINE 15 LINES 15A AND 15B NEW YORK MEDICAL COLLEGE'S PROCESS FOR DETERMINING COMPENSATION OF THE PRESIDENT, THE CHANCELLOR FOR HEALTH AFFAIRS/CEO AND OTHER OFFICERS INCLUDES A REVIEW OF COMPARABILITY DATA FROM COMPENSATION SURVEYS AND FORMS 990 FROM SIMILAR ORGANIZATIONS, AND REVIEW AND APPROVAL BY THE FINANCE COMMITTEE AND BOARD OF TRUSTEES OF NEW YORK MEDICAL COLLEGE, CONSISTING ENTIRELY OF INDEPENDENT PERSONS. Compensation from related organizations are reviewed by the Board of such organization. THE REVIEW AND APPROVAL PROCESS IS FULLY AND CONTEMPORANEOUSLY DOCUMENTED. The most recent compensation review took place on 12/19/18. |
| DOCUMENT AVAILABILITY | FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGES ANNUAL REPORT, THE CONFLICT OF INTEREST POLICY AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AND POSTED ON THE COLLEGES WEBSITE. NET ASSET CLASSIFICATION FORM 990, PART X, LINES 27-29 THE FASB ISSUED ACCOUNTING STANDARDS UPDATE (ASU) 2016-14 NOT-FOR-PROFIT ENTITIES (TOPIC 958), PRESENTATION OF FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ENTITIES, WHICH AMONG OTHER THINGS, CHANGES HOW NOT-FOR-PROFIT ENTITIES REPORT NET ASSET CLASSES. THE SIGNIFICANT REQUIREMENTS OF ASU 2016-14 INCLUDE REDUCTION IN THE NUMBER OF NET ASSET CLASSES FROM THREE TO TWO: WITH DONOR RESTRICTIONS (FORMERLY REPORTED AS TEMPORARILY RESTRICTED NET ASSETS AND PERMANENTLY RESTRICTED NET ASSETS) AND WITHOUT DONOR RESTRICTIONS (FORMERLY REPORTED AS UNRESTRICTED NET ASSETS). THE 2018 FORM 990, PART X WAS NOT UPDATED TO REFLECT THE CHANGE IN NET ASSET CLASS TERMINOLOGY; THEREFORE, NEW YORK MEDICAL COLLEGE HAS REPORTED NET ASSETS WITHOUT DONOR RESTRICTION AS UNRESTRICTED NET ASSETS AND NET ASSETS WITH DONOR RESTRICTIONS AS TEMPORARILY RESTRICTED NET ASSETS AND PERMANENTLY RESTRICTED NET ASSETS, RESPECTIVELY. |
| OTHER CHANGES IN NET ASSETS | FORM 990, PART XI, LINE 9 CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST (73,894) POST RETIREMENT-RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COSTS 379,997 ------------ TOTAL OTHER CHANGES IN NET ASSETS 306,103 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (17 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Touro University | |||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 133838740 | EDUCATION | CA | 501 (C)(3) | 2 | TOUROCOLLEGE | Yes (true) | |||||
| NYMC LLC | |||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 271481147 | MEMBER NYMC | DE | 501 (C)(3) | 12A(I) | TOUROCOLLEGE | false | |||||
| New York Medical College VEBA | |||||||||||||||
| BNY MELLON NA ONE WALL STREET | NEW YORK | NY | 10005 | 133872638 | RETIREE BENEF | NY | 501(C)(9) | NA | Yes (true) | ||||||
| Touro University Nevada | |||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 200363127 | EDUCATION | NV | 501 (C)(3) | 2 | TOUROCOLLEGE | Yes (true) | |||||
| Touro University College of MedicineInc | |||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 680646771 | EDUCATION | NJ | 501 (C)(3) | 2 | TOUROCOLLEGE | Yes (true) | |||||
| Yeshivas OHR Hachaim | |||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 112808947 | EDUCATION | NY | 501 (C)(3) | 2 | TOUROCOLLEGE | Yes (true) | |||||
| Rabbi Dov Revel Yeshiva of Forest Hills | |||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 111681674 | EDUCATION | NY | 501 (C)(3) | 2 | TOUROCOLLEGE | Yes (true) | |||||
| Touro Law Center Development Foundation | |||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 133922718 | SUPPORT ORG | NY | 501 (C)(3) | 12A(I) | TOUROCOLLEGE | Yes (true) | |||||
| The Partnership For A Healthy Population | |||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 134038939 | HEALTH STUDY | NY | 501 (C)(3) | 7 | TOUROCOLLEGE | Yes (true) | |||||
| Touro College Berlin GGMBH Berlin | |||||||||||||||
| EDUCATION | 501 (C)(3) | TOUROCOLLEGE | Yes (true) | AM RUPERHORN 4 | BERLIN | GM | 14055 | GM | |||||||
| Touro College | |||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 132676570 | EDUCATION | NY | 501 (C)(3) | 2 | NA | Yes (true) | |||||
| The Biotechnology Incubator At NYMC Inc | |||||||||||||||
| 40 SUNSHINE COTTAGE ROAD | VALHALLA | NY | 10595 | 471682208 | RESEARCH | NY | 501 (C)(3) | 10 | NYMC | Yes (true) | |||||
| Hebrew Theological College | |||||||||||||||
| 7135 CARPENTER RD | SKOKIE | IL | 60077 | 362167095 | EDUCATION | IL | 501 (C)(3) | 2 | TOUROCOLLEGE | Yes (true) | |||||
| BARBARA AND WILLIAM ROSENTHAL FDN | |||||||||||||||
| 388 GREENWICH STREET 19TH FL | NEW YORK | NY | 10013 | 134148700 | GRANTMAKING | NY | 501(C)(3) | PF | NYMC | Yes (true) | |||||
| SARAH C UPHAM CLINIC TRUST | |||||||||||||||
| 10 S DEARBORN IL1-0111 | CHICAGO | IL | 60603 | 136035797 | grantmaking | IL | 501(c)(3) | pf | nymc | Yes (true) | |||||
| TOURO UNIVERSITY MEDICAL GROUP | |||||||||||||||
| 1805 N CALIFORNIA ST STE 201 | STOCKTON | CA | 95204 | 843416009 | HEALTH CARE | CA | 501(c)(3) | 7 | TOURO UNI CA | Yes (true) | |||||
| NYMC-SCHOOL OF MEDICINE FACULTY PRACTICE | |||||||||||||||
| 40 SUNSHINE COTTAGE RD | VALHALLA | NY | 10595 | 833709834 | HEALTH CARE | NY | 501(c)(3) | 10 | NYMC | Yes (true) | |||||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| TOURO SPEECH & REHAB | |||||||||
| 27 WEST 23RD STREET | NEW YORK | NY | 10010 | 134180235 | INACTIVE | NY | NA | C Corp | Yes (true) |
| TOURO FOUNDATION CORPORATION | |||||||||
| 27 WEST 23RD STREET | NEW YORK | NY | 10010 | 134014618 | INACTIVE | NY | NA | C Corp | Yes (true) |
| TOURO UNIVERSITY FOUNDATION | |||||||||
| 27 WEST 23RD STREET | NEW YORK | NY | 10010 | 943318585 | INACTIVE | CA | NA | C Corp | Yes (true) |
| TOURO COLLEGE FND FOR JEWISH STUDIES | |||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 133639225 | EDUCATION | NY | NA | C CORP | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sarah C Upham Clinic Trust | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | s | TransactionTypeTxt |
| Involved | $364,000 | InvolvedAmt |
| Method Of Amount Determination | cash | MethodOfAmountDeterminationTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART V | FormAndLineReferenceDesc |
| Explanation | TRANSACTIONS WITH RELATED ORGANIZATIONS UNDER IRC SECTIONS 512(B)(13) AND 318, ORGANIZATIONS CONTROLLED BY TOURO COLLEGE ARE ATTRIBUTED CONSTRUCTIVE OWNERSHIP BETWEEN THE BROTHER/SISTER RELATED ENTITIES ON SCHEDULE R. ALL TRANSACTIONS WITH DIRECTLY CONTROLLED ORGANIZATIONS ARE REPORTED ON PART V, LINE 2. | ExplanationTxt |
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