NEW YORK MEDICAL COLLEGE: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: NEW YORK MEDICAL COLLEGE (EIN 13-1099420)
Tax period: 2017-07-01 to 2018-06-30
Filed: 2019-05-15
IRS object ID: 201901359349312525
Schema version: 2017v2.3
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 M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-05-15T16:50:39-05:00	ReturnTs
Tax Period End	2018-06-30	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	2017-07-01	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	2019-05-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MARY-EVELYN ANTONETTI	PreparerPersonNm
PTIN	P00431862	PTIN
Phone	2127589700	PhoneNum
Preparation	2019-05-14	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	167.68.102.5	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	13407320191355000089	FederalOriginalSubmissionId
Federal Original Submission Id	2019-05-15	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	F8B4465DB3A3A929F551AAF0BEF08605FCC9362F	AtSubmissionCreationDeviceId
At Submission Filing Device Id	B09A8F7452AAEB109EF01FBCB66ABFE0CB6B8889	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	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 COTAGE ROAD	AddressLine1Txt
City	VALHALLA	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10595	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$149,433,836	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	1205	TotalEmployeeCnt
Total Volunteers	1142	TotalVolunteersCnt
Total Gross UBI	$607,098	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$22,704	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$4,249,326	PYContributionsGrantsAmt
CY Contributions Grants	$2,733,576	CYContributionsGrantsAmt
PY Program Service Revenue	$112,294,085	PYProgramServiceRevenueAmt
CY Program Service Revenue	$111,528,704	CYProgramServiceRevenueAmt
PY Investment Income	$3,083,978	PYInvestmentIncomeAmt
CY Investment Income	$4,166,323	CYInvestmentIncomeAmt
PY Other Revenue	$3,560,093	PYOtherRevenueAmt
CY Other Revenue	$3,252,390	CYOtherRevenueAmt
PY Total Revenue	$123,187,482	PYTotalRevenueAmt
CY Total Revenue	$121,680,993	CYTotalRevenueAmt
PY Grants And Similar Paid	$5,334,280	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$6,132,057	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$86,105,607	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$84,190,137	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$1,428,790	CYTotalFundraisingExpenseAmt
PY Other Expenses	$34,182,349	PYOtherExpensesAmt
CY Other Expenses	$35,649,860	CYOtherExpensesAmt
PY Total Expenses	$125,622,236	PYTotalExpensesAmt
CY Total Expenses	$125,972,054	CYTotalExpensesAmt
PY Revenues Less Expenses	-$2,434,754	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$4,291,061	CYRevenuesLessExpensesAmt
Total Assets BOY	$329,133,532	TotalAssetsBOYAmt
Total Assets EOY	$327,670,788	TotalAssetsEOYAmt
Total Liabilities BOY	$152,855,372	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$152,500,461	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$176,278,160	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$175,170,327	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	$75,588,987	ExpenseAmt
Grant	$6,132,057	GrantAmt
Revenue	$85,152,302	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	$21,250,828	ExpenseAmt
Revenue	$21,717,658	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	$2,338,190	ExpenseAmt
Revenue	$5,721,354	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	$99,178,005	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	Yes (true)	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	Yes (true)	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	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	371	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	1205	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
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
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	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Mark Hasten
Trustee	0.54	0.0	Yes (X)	$0	$0	$0
Alan Kadish
Trustee	1.35	33.65	Yes (X)	$0	$737,223	$190,526	Yes (X)
Robert Alter
Trustee	0.81	0.0	Yes (X)	$0	$0	$0
Gary Barnett
Trustee	0.0	0.0	Yes (X)	$0	$0	$0
Howard Baruch
Trustee	0.42	0.0	Yes (X)	$0	$0	$0
Ben Chouake
Trustee	0.38	0.0	Yes (X)	$0	$0	$0
Dee Delbello
Trustee	0.23	0.0	Yes (X)	$0	$0	$0
Menachem Genack
Trustee	0.19	34.81	Yes (X)	$0	$78,128	$3,075
Gary Gettenberg
Trustee	0.0	0.0	Yes (X)	$0	$0	$0
Munr Kazmir
Trustee	0.04	0.0	Yes (X)	$0	$0	$0
Moshe Lichtenstein
Trustee	0.46	0.0	Yes (X)	$0	$0	$0
Joseph Mark
Trustee	0.58	0.0	Yes (X)	$0	$0	$0
Alina Moran
Trustee (BEG. 1/3/18)	0.31	0.0	Yes (X)	$0	$0	$0
Stephen J Nicholas
Trustee	0.04	0.0	Yes (X)	$0	$0	$0
Martin Oliner
Trustee	0.31	0.0	Yes (X)	$0	$0	$0
Eliot Peyser
Trustee	0.15	0.0	Yes (X)	$0	$0	$0
Ronald F Poe
Trustee	0.85	0.0	Yes (X)	$0	$0	$0
Joseph Popack
Trustee	0.23	0.0	Yes (X)	$0	$0	$0
Avi Retter
Trustee (BEG. 5/23/18)	0.12	0.0	Yes (X)	$0	$0	$0
Stephen Rosenberg
Trustee	0.0	0.0	Yes (X)	$0	$0	$0
Alan Rosenthal
Trustee (BEG. 6/28/18)	0.12	0.0	Yes (X)	$0	$0	$0
Henry Saphier
Trustee	0.42	0.0	Yes (X)	$0	$0	$0
Joseph Schwartz
Trustee	0.31	0.0	Yes (X)	$0	$0	$0
ROSALYN ESTHER STAHL
Trustee	0.31	0.0	Yes (X)	$0	$0	$0
Kenneth Theobalds
Trustee (BEG. 1/3/18)	0.31	0.0	Yes (X)	$0	$0	$0
Robert Amler
DEAN SHSP	35.0	0.0		$374,568	$0	$27,376	Yes (X)
Edward C Halperin
Chancellor, CEO, Interm. Dean	35.0	0.0		$542,661	$0	$51,823	Yes (X)
Adam Hammerman
VP & CFO	35.0	0.0		$223,540	$0	$58,872	Yes (X)
Nicholas Janiga
VP & Chief Counsel, Asst. Sec.	35.0	0.0		$10,385	$0	$655	Yes (X)
Amy Kahn END 121517
VP Development & Alum Affairs	35.0	0.0		$207,326	$0	$46,571	Yes (X)
D Douglas Miller END 71317
Dean School of Medicine	35.0	0.0		$677,834	$0	$38,816	Yes (X)
Michael Newman
Secretary	0.5	34.5		$0	$278,584	$51,336	Yes (X)
David Raab
Executive VP (END 9/3/18)	10.0	25.0		$297,100	$32,940	$58,527	Yes (X)
Mitchell Cairo
Professor	35.0	0.0		$478,664	$0	$64,630		Yes (X)
Renee Garrick
Chief Medical Officer	35.0	0.0		$488,537	$0	$73,809		Yes (X)
Michael Gewitz
Director	35.0	0.0		$462,118	$0	$61,528		Yes (X)
Gustavo Stringel
Professor	35.0	0.0		$347,499	$0	$60,156		Yes (X)
Gerard M Villucci
Administrator V	35.0	0.0		$376,392	$0	$66,593		Yes (X)
Francis Belloni
Dean, GSBMS (END 6/30/17)	35.0	0.0		$205,943	$0	$53,771			Yes (X)
George Nestler
AVP. & Controller(end 6/30/17)	35.0	0.0		$164,967	$0	$53,878			Yes (X)
Jennifer Riekert
VP Communications(END 6/30/17)	35.0	0.0		$148,620	$0	$10,781			Yes (X)
Michael Rogovin
VP Operations (END 6/30/17)	35.0	0.0		$175,291	$0	$56,209			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,181,445	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$1,126,875	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,028,932	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	187	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	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	$7,036,086
TEMCO FACILITY SERVICES
PO Box 8000	BUFFALO	NY	14267	CLEANING SERVICE	$1,069,301
Align Communications Inc
55 Broad St 6th Fl	NEW YORK	NY	10004	IT SERVICE & SUPPORT	$513,916
Hi Link Computers Corp
60 LONG RIDGE ROAD	STAMFORD	CT	06902	COMPUTERS & SOFTWARE	$503,894
Fisher Scientific Co
PO BOX 3648	BOSTON	MA	022413648	LAB SUPPLIES & EQUIP	$388,811

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	51	CntrctRcvdGreaterThan100KCnt
Fundraising	$388,638	FundraisingAmt
Government Grants	$245,286	GovernmentGrantsAmt
All Other Contributions	$2,099,652	AllOtherContributionsAmt
Noncash Contributions	$109,558	NoncashContributionsAmt
Total Contributions	$2,733,576	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Tuition and Fees	611310	$65,035,198	$65,035,198
Affiliation Fees	611310	$16,672,141	$16,672,141
RESEARCH AND SPONSORED PROJECTS	611310	$19,054,494	$19,054,494
Faculty Practice Plans	611310	$5,045,517	$5,045,517
Auxiliary Enterprises	611310	$5,721,354	$5,721,354

Field	Value	IRS element (for citing)
Total Program Service Revenue	$111,528,704	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,850,534	TotalRevenueColumnAmt
Related Or Exempt Func Income	$236,306	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$29,878	UnrelatedBusinessRevenueAmt
Exclusion	$2,644,106	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$168,796	TotalRevenueColumnAmt
Exclusion	$168,796	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	$4,629,282	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$2,638,494	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,990,788	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,990,788	TotalRevenueColumnAmt
Unrelated Business Revenue	$122,500	UnrelatedBusinessRevenueAmt
Exclusion	$1,868,288	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$26,173,819	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$25,026,826	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$1,146,993	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,146,993	TotalRevenueColumnAmt
Exclusion	$1,146,993	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$8,345	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$388,638	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$87,523	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$79,178	TotalRevenueColumnAmt
Exclusion	-$79,178	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	$1,285,187	$770,711	$514,476
OTHER REVENUE	611310	$55,593	$55,593

Field	Value	IRS element (for citing)
Other Revenue Total	$1,340,780	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$121,680,993	TotalRevenueColumnAmt
Related Or Exempt Func Income	$112,591,314	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$607,098	UnrelatedBusinessRevenueAmt
Exclusion	$5,749,005	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$894,191	TotalAmt
Program Services	$894,191	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$5,237,866	TotalAmt
Program Services	$5,237,866	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	$2,551,243	TotalAmt
Program Services	$844,580	ProgramServicesAmt
Management And General	$1,559,123	ManagementAndGeneralAmt
Fundraising	$147,540	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$71,182	TotalAmt
Management And General	$71,182	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$62,478,977	TotalAmt
Program Services	$53,350,686	ProgramServicesAmt
Management And General	$8,689,056	ManagementAndGeneralAmt
Fundraising	$439,235	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$4,304,108	TotalAmt
Program Services	$3,755,561	ProgramServicesAmt
Management And General	$519,336	ManagementAndGeneralAmt
Fundraising	$29,211	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$10,731,920	TotalAmt
Program Services	$8,430,702	ProgramServicesAmt
Management And General	$2,159,058	ManagementAndGeneralAmt
Fundraising	$142,160	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$4,052,707	TotalAmt
Program Services	$3,353,866	ProgramServicesAmt
Management And General	$654,584	ManagementAndGeneralAmt
Fundraising	$44,257	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	$210,488	TotalAmt
Management And General	$210,488	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$376,434	TotalAmt
Management And General	$376,434	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$37,349	TotalAmt
Management And General	$37,349	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	$263,584	TotalAmt
Management And General	$263,584	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$3,769,796	TotalAmt
Program Services	$2,552,874	ProgramServicesAmt
Management And General	$1,154,808	ManagementAndGeneralAmt
Fundraising	$62,114	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$142,341	TotalAmt
Management And General	$77,050	ManagementAndGeneralAmt
Fundraising	$65,291	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,967,367	TotalAmt
Program Services	$1,442,729	ProgramServicesAmt
Management And General	$404,489	ManagementAndGeneralAmt
Fundraising	$120,149	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$900,596	TotalAmt
Program Services	$337,309	ProgramServicesAmt
Management And General	$495,339	ManagementAndGeneralAmt
Fundraising	$67,948	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$5,382,913	TotalAmt
Program Services	$677,588	ProgramServicesAmt
Management And General	$4,705,236	ManagementAndGeneralAmt
Fundraising	$89	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$750,133	TotalAmt
Program Services	$614,332	ProgramServicesAmt
Management And General	$126,283	ManagementAndGeneralAmt
Fundraising	$9,518	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	$182,618	TotalAmt
Program Services	$163,176	ProgramServicesAmt
Management And General	$16,455	ManagementAndGeneralAmt
Fundraising	$2,987	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$4,748,922	TotalAmt
Program Services	$3,992,053	ProgramServicesAmt
Management And General	$756,869	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$10,256,394	TotalAmt
Program Services	$8,131,101	ProgramServicesAmt
Management And General	$2,008,488	ManagementAndGeneralAmt
Fundraising	$116,805	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$632,883	TotalAmt
Program Services	$35,885	ProgramServicesAmt
Management And General	$596,998	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Supplies	$3,393,075	$3,384,814	$7,773	$488
Student Activities	$1,327,667	$1,326,167	$1,000	$500
DUES & MEMBERSHIPS	$508,452	$259,530	$243,638	$5,284
CATERING & FOOD SERVICE	$321,217	$237,696	$40,038	$43,483

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$477,631	TotalAmt
Program Services	$155,299	ProgramServicesAmt
Management And General	$190,601	ManagementAndGeneralAmt
Fundraising	$131,731	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$125,972,054	TotalAmt
Program Services	$99,178,005	ProgramServicesAmt
Management And General	$25,365,259	ManagementAndGeneralAmt
Fundraising	$1,428,790	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$21,640	BOYAmt
EOY	$4,918,962	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$29,975,453	BOYAmt
EOY	$11,974,957	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$8,936,539	BOYAmt
EOY	$3,374,053	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,807,295	BOYAmt
EOY	$12,281,731	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	$9,609,075	BOYAmt
EOY	$8,267,769	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	$1,386,236	BOYAmt
EOY	$1,185,357	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$239,751,429	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$58,347,214	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$177,432,391	BOYAmt
EOY	$181,404,215	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$85,574,914	BOYAmt
EOY	$93,873,755	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	$75,703	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$329,133,532	BOYAmt
EOY	$327,670,788	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$26,900,472	BOYAmt
EOY	$31,464,377	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	$14,321,746	BOYAmt
EOY	$14,634,296	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$49,390,969	BOYAmt
EOY	$49,679,330	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$2,218,702	BOYAmt
EOY	$1,146,745	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	$19,500,000	BOYAmt
EOY	$18,885,125	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	$40,523,483	BOYAmt
EOY	$36,690,588	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$152,855,372	BOYAmt
EOY	$152,500,461	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$116,107,592	BOYAmt
EOY	$113,267,415	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$20,710,624	BOYAmt
EOY	$21,480,885	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$39,459,944	BOYAmt
EOY	$40,422,027	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$176,278,160	BOYAmt
EOY	$175,170,327	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$329,133,532	BOYAmt
EOY	$327,670,788	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$4,291,061	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$3,244,718	NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments	$6,466	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	-$67,956	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)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

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

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	$37,053	DirectContactLegislatorsAmt
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	Yes (true)	OtherActivitiesInd
Other Activities	$296	OtherActivitiesAmt
Total Lobbying Expenditures	$37,349	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 $37,053 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.	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	$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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$55,546,921	BeginningYearBalanceAmt
Contributions	$1,399,000	ContributionsAmt
Investment Earnings Or Losses	$8,635,722	InvestmentEarningsOrLossesAmt
Other Expenditures	$2,349,000	OtherExpendituresAmt
Administrative Expenses	$117,722	AdministrativeExpensesAmt
End Year Balance	$63,114,921	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.43400	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.27100	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.29500	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$24,034,730	OtherCostOrOtherBasisAmt
Book Value	$24,034,730	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$173,010,283	OtherCostOrOtherBasisAmt
Depreciation	$35,571,789	DepreciationAmt
Book Value	$137,438,494	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$390,466	OtherCostOrOtherBasisAmt
Depreciation	$196,804	DepreciationAmt
Book Value	$193,662	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$23,224,130	OtherCostOrOtherBasisAmt
Depreciation	$14,213,577	DepreciationAmt
Book Value	$9,010,552	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$19,091,820	OtherCostOrOtherBasisAmt
Depreciation	$8,365,044	DepreciationAmt
Book Value	$10,726,777	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$181,404,215	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (7 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
STIFEL NICHOLAS INVESTMENT	$78,893,594	F
BENEFICIAL INTEREST TRUSTS	$12,441,492	F
COMMONFUND	$1,593,670	F
REAL ESTATE INVESTMENTS	$425,015	F
INVESTMENTS HELD BY COLLEGE	$233,529	F
PARTNERSHIP INVESTMENTS	$187,940	F
GIFT ANNUITY	$98,515	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$93,873,755	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
TAXABLE BONDS	$30,061,626
REFUNDABLE FED. STUDENT LOANS	$6,334,748
OTHER LIABILITIES	$294,214

Field	Value	IRS element (for citing)
Total Liability	$36,690,588	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$122,373,058	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$3,244,718	NetUnrealizedGainsInvstAmt
Other Revenue	$3,462,070	OtherRevenueAmt
Revenue Not Reported	$6,706,788	RevenueNotReportedAmt
Revenue Subtotal	$115,666,270	RevenueSubtotalAmt
Investment Expenses Not Incld	$263,584	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$5,751,139	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$6,014,723	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$121,680,993	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$123,530,219	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$3,572,888	OtherExpensesIncludedAmt
Expenses Not Reported	$3,572,888	ExpensesNotReportedAmt
Expenses Subtotal	$119,957,331	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$263,584	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$5,751,139	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$6,014,723	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$125,972,054	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, 2018, 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 2,638,494 CHANGE IN FMV IN PERPETUAL TRUST 360,280 REVENUE FROM CONSOLIDATED ORGANIZATION 375,773 SPECIAL EVENT EXPENSES 87,523 -------------- 3,462,070 SCHEDULE D, PART XI, LINE 4B SCHOLARSHIPS 4,915,638 TUITION REMISSION 322,228 COMP MED REVENUE RECORDED AS EXPENSE ON AFS 513,273 ---------------- 5,751,139 SCHEDULE D, PART XII, LINE 2D RENTAL EXPENSES 2,638,494 POSTRETIREMENT-RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COSTS 428,236 SPECIAL EVENT EXPENSES 87,523 EXPENSES FROM CONSOLIDATED ORGANIZATION 418,636 --------------- 3,572,888 SCHEDULE D, PART XII, LINE 4B SCHOLARSHIPS 4,915,638 TUITION REMISSION 322,228 COMP MED REVENUE RECORDED AS EXPENSE ON AFS 513,273 ---------------- 5,751,139 5,751,139	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

Field	Value	IRS element (for citing)
Grant Records Maintained	false	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

Field	Value	IRS element (for citing)
Region	Central America and the Caribbean	RegionTxt
Offices	0	OfficesCnt
Employee	0	EmployeeCnt
Type Of Activities Conducted	Investments	TypeOfActivitiesConductedTxt
Region Total Expenditures	$3,105,032	RegionTotalExpendituresAmt

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$3,105,032	SubtotalSpentAmt
Total Spent	$3,105,032	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	Yes (true)	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	$396,983	GrossReceiptsEvent1Amt
Charitable Contri Event1	$388,638	CharitableContriEvent1Amt
Gross Revenue Event1	$8,345	GrossRevenueEvent1Amt
Rent Facility Costs Event1	$21,322	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$32,271	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$33,930	OtherDirectExpensesEvent1Amt
Other Events Total	0	OtherEventsTotalCnt
Gross Receipts Total	$396,983	GrossReceiptsTotalAmt
Charitable Contributions Tot	$388,638	CharitableContributionsTotAmt
Gross Revenue Total Events	$8,345	GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events	$21,322	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$32,271	FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events	$33,930	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$87,523	DirectExpenseSummaryEventsAmt
Net Income Summary	-$79,178	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (11 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt	Address Line2USAddress/AddressLine2Txt
Oregon Health and Science University
2525 SW 3rd Ave Ste 245	Porland	OR	97201	931176109	OREGON	$533,513	RESEARCH
University of Rochester
601 Elmwood Ave Box 677	Rochester	NY	14642	160743209	501(c)(3)	$82,278	RESEARCH
Open Door Family Medical Center
165 Main Street	ossining	NY	10562	132813103	501(C)(3)	$74,115	RESEARCH
Touro University California
1310 Club Drive	Vallejo	CA	94592	133838746	501(C)(3)	$58,814	RESEARCH
University of Toledo
2801 Bancroft Street	toledo	OH	43606	346401483	OHIO	$38,279	RESEARCH
University of Maryland Baltimore
685 W Baltimore St	baltimore	MD	02111	526002033	MARYLAND	$36,377	RESEARCH
Baystate Medical Center Inc
759 Chestnut Street	Springfield	MA	01199	042790311	501(C)(3)	$22,076	RESEARCH
Univ of California
One Shields Avenue	Davis	CA	95616	946036494	CALIFORNIA	$11,423	RESEARCH	8701 WATERTOWN PLANK RD
Sloan-Kettering Inst for Cancer Research
1275 York Avenue	new york	NY	10065	131624182	501(C)(3)	$11,060	RESEARCH
Touro College
500 7th Ave 5th FL	new york	NY	10018	132676570	501(C)(3)	$9,254	RESEARCH
Tufts Medical Center
800 Washington Street 453	boston	MA	02111	270440772	501(C)(3)	$8,909	RESEARCH

Field	Value	IRS element (for citing)
Total501c3 Org	11	Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS & GRANTS	GrantTypeTxt
Recipient	380	RecipientCnt
Cash Grant	$5,237,866	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. 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
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (true)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	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 (17 entries)

TitleTitleTxt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount
Alan Kadish
Trustee	$735,639	$1,584	$15,963	$174,563	$927,749
Francis Belloni
Dean, GSBMS (END 6/30/17)	$0	$0	$0	$0	$0	$203,332	$0	$2,611	$25,706	$35,640	$267,289	$0	$0
George Nestler
AVP. & Controller(end 6/30/17)	$0	$0	$0	$0	$0	$162,945	$0	$2,022	$19,747	$40,513	$225,227	$0	$0
Jennifer Riekert
VP Communications(END 6/30/17)	$0	$0	$0	$0	$0	$148,500	$0	$120	$10,750	$1,180	$160,550	$0	$0
Michael Rogovin
VP Operations (END 6/30/17)	$0	$0	$0	$0	$0	$174,593	$0	$698	$15,328	$42,082	$232,701	$0	$0
Robert Amler
DEAN SHSP	$0	$0	$0	$0	$0	$351,261	$0	$23,307	$25,690	$5,741	$405,999	$0	$0	$0
Edward C Halperin
Chancellor, CEO, Interm. Dean	$0	$0	$0	$0	$0	$522,381	$0	$19,980	$25,309	$27,864	$595,834	$0	$0	$300
Adam Hammerman
VP & CFO	$0	$0	$0	$0	$0	$216,224	$0	$316	$20,190	$39,941	$283,671	$0	$0	$7,000
Amy Kahn END 121517
VP Development & Alum Affairs	$0	$0	$0	$0	$0	$199,000	$0	$826	$17,950	$29,853	$255,129	$0	$0	$7,500
D Douglas Miller END 71317
Dean School of Medicine	$0	$0	$0	$0	$0	$281,430	$0	$396,404	$25,150	$14,494	$717,478	$0	$0
Michael Newman
Secretary	$278,039	$545	$10,554	$40,782	$329,920	$0	$0	$0	$0	$0	$0	$0	$0	$0
David Raab
Executive VP (END 9/3/18)		$32,940	$0	$0	$32,940	$273,514	$0	$23,586	$25,690	$32,837	$355,627	$0	$0	$0
Mitchell Cairo
Professor	$0	$0	$0	$0	$0	$456,854	$0	$21,810	$25,690	$39,464	$543,818	$0	$0	$0
Renee Garrick
Chief Medical Officer	$0	$0	$0	$0	$0	$486,257	$0	$1,980	$34,104	$41,054	$563,695	$0	$0	$300
Michael Gewitz
Director	$0	$0	$0	$0	$0	$457,773	$0	$4,045	$34,140	$27,388	$523,646	$0	$0	$300
Gustavo Stringel
Professor	$0	$0	$0	$0	$0	$341,319	$0	$6,180	$34,140	$27,336	$408,975	$0	$0
Gerard M Villucci
Administrator V	$0	$0	$0	$0	$0	$375,942	$0	$450	$25,690	$42,414	$444,496	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE J, PART I, LINE 1A	FormAndLineReferenceDesc
Explanation	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 4A SEVERANCE PAYMENTS D. DOUGLAS MILLER - $364,435	ExplanationTxt

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 2014A	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 acqui	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	$4,725,062	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	$2,211,436	UnspentAmt
Current Refunding	false	CurrentRefundingInd
Advance Refunding	false	AdvanceRefundingInd
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	Yes (true)	RebateNotDueYetInd
Exception To Rebate	false	ExceptionToRebateInd
No Rebate Due	false	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

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE I	FormAndLineReferenceDesc
Explanation	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.	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
SUBSTANTIAL CONTRIBUTOR 23
Affiliated Teaching HospiTAL	$15,881,370	Affiliation Fees	false
SUBSTANTIAL CONTRIBUTOR 52
External Auditor	$298,045	Auditing Fees	false
SUBSTANTIAL CONTRIBUTOR 36
Investment Manager	$150,000	Advisory Fee	false
Kristen Nestler
Former Officer's Daughter	$68,325	Employee at the College	false
Yonatan Hammerman
Officer's Son	$2,858	Temporary Employee	false

Schedule M IRS990ScheduleM

Field	Value	IRS element (for citing)
Works Of Art		WorksOfArtGrp
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp
Books And Publications		BooksAndPublicationsGrp
Clothing And Household Goods		ClothingAndHouseholdGoodsGrp
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	14	ContributionCnt
Noncash Contributions Rpt F990	$109,558	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp
Real Estate Residential		RealEstateResidentialGrp
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp
Collectibles		CollectiblesGrp
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule M, Line 9, Column B	FormAndLineReferenceDesc
Explanation	The number listed in Part I, Column (B), is the number oF contributions.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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.
FORM 990 PART VI 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 COLLEGES 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 CORPORATIONS 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, 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 ASSOCIATE VICE PRESIDENT AND CONTROLLER, VICE PRESIDENT FOR FINANCIAL OPERATIONS AND GENERAL COUNSEL AND SUBMITTED TO AND REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. COPIES OF THIS RETURN WERE DISTRIBUTED TO THE FULL BOARD OF TRUSTEES BEFORE THE FORM WAS FILED. 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.
FORM 990, PART VI, SECTION B LINE 15 LINES 15A AND 15B	NEW YORK MEDICAL COLLEGES 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 FORM 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. THE REVIEW AND APPROVAL PROCESS IS FULLY AND CONTEMPORANEOUSLY DOCUMENTED.
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.
FORM 990, PART XI, LINE 9	FORM 990, PART XI, LINE 9 CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 360,280 POST RETIREMENT-RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COSTS (428,235) ------------------ TOTAL OTHER CHANGES IN NET ASSETS (67,955)

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (14 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	HOLDING COMP.	DE	501 (C)(3)	12B	NA	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 College and University System Inc
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	EDUCATION	NY	501 (C)(3)	12A(I)	TOUROCOLLEGE	Yes (true)
Touro College FND For Jewish Studies
500 7TH AVE	NEW YORK	NY	10018	133629225	EDUCATION	NY	501 (C)(3)	12A(I)	TOUROCOLLEGE	Yes (true)
The Partnership For A Healthy Population
500 7TH AVE	NEW YORK	NY	10018	134028993	HEALTH STUDY	NY	501 (C)(3)	4	TOUROCOLLEGE	Yes (true)
Touro College Berlin GGMBH Berlin
					EDUCATIONAL		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	false
The Biotechnology Incubator At NYMC Inc
40 SUNSHINE COTTAGE ROAD	VALHALLA	NY	10595	471682208	RESEARCH	NY	501 (C)(3)	10	NA	false
Hebrew Theological College
7135 CARPENTER RD	SKOKIE	IL	60077	362167095	EDUCATIONAL	IL	501 (C)(3)	2	TOUROCOLLEGE	Yes (true)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (5 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
SARAH C UPHAM CLINIC TRUST
270 PARK AVE	NEW YORK	NY	100172014	136035797	PATIENT CARE	NY	NA	Trust	Yes (true)
BARBARA AND WILLIAM ROSENTHAL FDN
ONE COURT SQUARE	LONG ISLAND CITY	NY	11120	226753977	PATIENT CARE	NY	NA	Trust	Yes (true)
TOURO SPEECH & REHAB
500 7th avenue	NEW YORK	NY	10018	134180235	INACTIVE	NY	NA	C Corp	Yes (true)
TOURO FOUNDATION CORPORATION
500 7th avenue	NEW YORK	NY	10018	134014618	INACTIVE	NY	NA	C Corp	Yes (true)
TOURO UNIVERSITY FOUNDATION
500 7th avenue	NEW YORK	NY	10018	943318585	INACTIVE	CA	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	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	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