TOURO UNIVERSITY: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- TOURO UNIVERSITY (EIN 13-2676570)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-11
- IRS object ID
- 201831319349302993
- Schema version
- 2016v3.1
- 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 | 2018-05-11T17:09:10-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | 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 | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132676570 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TOURO COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % STUART LIPPMAN CONTROLLER | InCareOfNm |
| Business Name Control | TOUR | BusinessNameControlTxt |
| Phone | 6465656000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 Seventh Avenue | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MELVIN NESS | PersonNm |
| Person Title | Senior VP and CFO | PersonTitleTxt |
| Phone | 2124630400 | PhoneNum |
| Signature | 2018-05-02 | 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MELVIN NESS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 7TH AVE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $293,210,557 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TOURO.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1970 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE COLLEGE'S PRIMARY PURPOSE IS TO PROVIDE AN INDEPENDENT INSTITUTION OF OF HIGHER AND PROFESSIONAL EDUCATION. (SEE SCHEDULE O) | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 3700 | TotalEmployeeCnt |
| Total Volunteers | 375 | TotalVolunteersCnt |
| Total Gross UBI | -$5,701 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$7,301 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $19,730,763 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,518,576 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $232,934,830 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $250,060,425 | CYProgramServiceRevenueAmt |
| PY Investment Income | $9,543,872 | PYInvestmentIncomeAmt |
| CY Investment Income | $629,485 | CYInvestmentIncomeAmt |
| PY Other Revenue | $20,788,232 | PYOtherRevenueAmt |
| CY Other Revenue | $19,966,516 | CYOtherRevenueAmt |
| PY Total Revenue | $282,997,697 | PYTotalRevenueAmt |
| CY Total Revenue | $284,175,002 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $35,947,290 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $33,033,718 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $151,124,225 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $152,341,014 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,422,552 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $95,064,981 | PYOtherExpensesAmt |
| CY Other Expenses | $94,744,122 | CYOtherExpensesAmt |
| PY Total Expenses | $282,136,496 | PYTotalExpensesAmt |
| CY Total Expenses | $280,118,854 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $861,201 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,056,148 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $349,657,490 | TotalAssetsBOYAmt |
| Total Assets EOY | $353,847,144 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $181,781,979 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $179,110,773 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $167,875,511 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $174,736,371 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE COLLEGE'S PRIMARY PURPOSE IS TO PROVIDE AN INDEPENDENT INSTITUTION OF HIGHER AND PROFESSIONAL EDUCATION. (SEE SCHEDULE O) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $245,849,954 | ExpenseAmt |
| Grant | $32,669,818 | GrantAmt |
| Revenue | $268,620,749 | RevenueAmt |
| Desc | ACADEMIC SUPPORT: WITHIN THE TOURO SYSTEM, TOURO COLLEGE PROVIDED EDUCATION, PRIMARILY IN THE NEW YORK CITY METROPOLITAN AREA, TO APPROXIMATELY 13,000 UNDERGRADUATE, GRADUATE AND PROFESSIONAL STUDENTS DURING THE FISCAL YEAR IN VARIOUS FIELDS OF STUDY, INCLUDING LAW, MEDICINE AND OTHER HEALTHCARE FIELDS, GRANTING THE FOLLOWING ACADEMIC DEGREES: UNDERGRADUATE (2,000); GRADUATE (2,095); FIRST PROFESSIONAL (497). SEE SCHEDULE O. | Desc |
| Total Program Service Expenses | $245,849,954 | 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 | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | 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 | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | 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 | Yes (true) | 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 | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | 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 |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 589 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 3700 | 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 | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | GM | ForeignCountryCd |
| Foreign Country | IS | ForeignCountryCd |
| 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 |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| 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 | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STUART LIPPMAN CONTROLLER | PersonNm |
| Phone | 6465656000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 SEVENTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (49 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 | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Abraham Biderman | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Alan Kadish | ||||||||||
| President and CEO | 18.0 | 17.0 | Yes (X) | $707,840 | $0 | $195,680 | Yes (X) | |||
| Allen Fagin | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Ben Chouake | ||||||||||
| Trustee | 0.4 | 0.6 | Yes (X) | $0 | $0 | $0 | ||||
| Daniel Lander | ||||||||||
| Trustee & Chancellor | 3.0 | 32.0 | Yes (X) | $58,536 | $247,249 | $101,910 | Yes (X) | |||
| David Lichtenstein | ||||||||||
| Trustee | 0.7 | 0.3 | Yes (X) | $0 | $0 | $0 | ||||
| Mark Hasten | ||||||||||
| Chairman/Trustee | 1.0 | 3.5 | Yes (X) | $0 | $0 | $0 | ||||
| Howard Friedman | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Israel Sendrovic | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Jack Weinreb | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Lawrence Platt | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Leah Karfunkel | ||||||||||
| Trustee | 0.5 | 0.5 | Yes (X) | $0 | $0 | $0 | ||||
| Martin Oliner | ||||||||||
| Trustee | 0.5 | 0.5 | Yes (X) | $0 | $0 | $0 | ||||
| Menachem Genack | ||||||||||
| Trustee and Faculty | 4.0 | 1.0 | Yes (X) | $28,614 | $49,721 | $243 | Yes (X) | |||
| Solomon Goldfinger | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Stephen Rosenberg | ||||||||||
| Trustee | 0.9 | 0.1 | Yes (X) | $0 | $0 | $0 | ||||
| Zvi Ryzman | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Abraham Gutnicki | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Shmuel Braun | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Rabbi Shabsai Wolfe | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Brian Levinson | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Matthew Bonilla | ||||||||||
| VP of Student Services | 21.0 | 14.0 | $231,605 | $0 | $38,488 | Yes (X) | ||||
| Stanley Boylan | ||||||||||
| VP of Undergraduate Education | 34.0 | 1.0 | $120,001 | $0 | $64,046 | Yes (X) | ||||
| Richard Braunstein | ||||||||||
| VP, Deputy General Counsel | 23.0 | 12.0 | $222,478 | $0 | $29,283 | Yes (X) | ||||
| Alan Ciner | ||||||||||
| Vice President | 35.0 | 0.0 | $127,321 | $0 | $58,588 | Yes (X) | ||||
| Robert Goldschmidt | ||||||||||
| VP of Planning & Assessment | 35.0 | 0.0 | $159,878 | $0 | $46,419 | Yes (X) | ||||
| Nadia Graff | ||||||||||
| Vice President | 35.0 | 0.0 | $235,543 | $0 | $13,783 | Yes (X) | ||||
| Moshe Krupka | ||||||||||
| Executive VP | 18.0 | 17.0 | $219,948 | $0 | $145,190 | Yes (X) | ||||
| Henry Rubin | ||||||||||
| VP, Institutional Advancement | 28.0 | 7.0 | $235,528 | $0 | $25,782 | Yes (X) | ||||
| Melvin Ness | ||||||||||
| Senior VP, CFO | 25.0 | 10.0 | $286,508 | $0 | $32,455 | Yes (X) | ||||
| Michael Newman | ||||||||||
| Secretary, Sr. VP and Gen Coun | 24.0 | 11.0 | $197,720 | $0 | $69,041 | Yes (X) | ||||
| David Raab | ||||||||||
| Executive VP | 14.0 | 21.0 | $32,940 | $290,367 | $26,095 | Yes (X) | ||||
| Israel Singer | ||||||||||
| VP | 35.0 | 0.0 | $129,487 | $0 | $8,938 | Yes (X) | ||||
| Eva Spinelli | ||||||||||
| VP of Community Education | 35.0 | 0.0 | $79,353 | $0 | $9,659 | Yes (X) | ||||
| Franklin Steen | ||||||||||
| VP of Technology | 29.0 | 6.0 | $234,747 | $0 | $31,213 | Yes (X) | ||||
| Marian Stoltz-Loike | ||||||||||
| VP, Online Education | 35.0 | 0.0 | $173,308 | $0 | $21,307 | Yes (X) | ||||
| Jeffrey Rosengarten | ||||||||||
| Senior VP of Oper. & Admin. | 29.0 | 6.0 | $276,035 | $0 | $2,405 | Yes (X) | ||||
| Robert Goldberg | ||||||||||
| Former Dean of TouroCom | 35.0 | 0.0 | $401,554 | $0 | $30,944 | Yes (X) | ||||
| Louis Primavera | ||||||||||
| Dean, School of Health & Scien | 35.0 | 0.0 | $251,679 | $0 | $14,900 | Yes (X) | ||||
| Patricia Salkin | ||||||||||
| Provost Grad and Prof Schools | 34.5 | 0.5 | $293,428 | $0 | $81,469 | Yes (X) | ||||
| Arnold Spinner | ||||||||||
| Dean, Grad School of Education | 35.0 | 0.0 | $159,725 | $0 | $9,364 | Yes (X) | ||||
| HENRY COHEN | ||||||||||
| Dean, Touro Pharmacy | 35.0 | 0.0 | $283,249 | $0 | $11,283 | Yes (X) | ||||
| JAY P GOLDSMITH | ||||||||||
| Dean, Touro Dental School | 35.0 | 0.0 | $253,836 | $0 | $0 | Yes (X) | ||||
| Arthur Prancan | ||||||||||
| Associate Professor | 35.0 | 0.0 | $305,819 | $0 | $19,101 | Yes (X) | ||||
| Farkas Edward F | ||||||||||
| Vice Dean, Touro Dental School | 35.0 | 0.0 | $252,239 | $0 | $23,692 | Yes (X) | ||||
| Shaw Gary | ||||||||||
| Professor | 35.0 | 0.0 | $232,871 | $0 | $29,300 | Yes (X) | ||||
| Kenneth Steier | ||||||||||
| Dean | 35.0 | 0.0 | $374,901 | $0 | $35,366 | Yes (X) | ||||
| Conrad Fischer | ||||||||||
| Professor | 35.0 | 0.0 | $222,322 | $0 | $1,530 | Yes (X) | ||||
| Lawrence Raful | ||||||||||
| Professor | 35.0 | 0.0 | $161,562 | $0 | $26,288 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,950,575 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $587,337 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,203,762 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 217 | 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 |
|---|---|---|---|---|---|
| Excel Guard Corp | |||||
| 505 Eighth Avenue Suite 1700 | NEW YORK | NY | 10018 | SECURITY GUARDS | $1,918,203 |
| ELLUCIAN COMPANY LP | |||||
| 62590 Collections Center Drive | CHICAGO | IL | 60693 | COMPUTER SOFTWARE | $1,228,453 |
| KPMG LLP | |||||
| Dept 0511 POB 150511 | DALLAS | TX | 753120511 | AUDITING | $582,963 |
| Securitas Security Services USA Inc | |||||
| PO Box 403412 | ATLANTA | GA | 303843412 | SECURITY GUARDS | $531,512 |
| BEAR CONSTRUCTION 7 | |||||
| 516 14TH AVENUE | BROOKLYN | NY | 11228 | CONSTRUCTION | $447,383 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 34 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $446,319 | FundraisingAmt |
| Government Grants | $5,378,504 | GovernmentGrantsAmt |
| All Other Contributions | $7,693,753 | AllOtherContributionsAmt |
| Noncash Contributions | $5,515,290 | NoncashContributionsAmt |
| Total Contributions | $13,518,576 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Student Tuition/ Fees | 611600 | $247,329,179 | $247,329,179 |
| DORM FEES | 611600 | $2,731,246 | $2,731,246 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $250,060,425 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $234,652 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$5,701 | UnrelatedBusinessRevenueAmt |
| Exclusion | $240,353 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,011,760 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,011,760 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,011,760 | TotalRevenueColumnAmt |
| Exclusion | $1,011,760 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,795,308 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,400,475 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $394,833 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $394,833 | TotalRevenueColumnAmt |
| Exclusion | $394,833 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $154,491 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $120,114 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $197,543 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$43,052 | TotalRevenueColumnAmt |
| Exclusion | -$43,052 | 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 | $463,230 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $437,537 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,693 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,693 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Academic Support | 900099 | $17,384,791 | $17,384,791 | |
| CAFETERIA INCOME | 900099 | $437,484 | $437,484 | |
| Other Revenue | 900099 | $1,149,840 | $1,149,840 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $18,972,115 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $284,175,002 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $268,620,749 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$5,701 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,041,378 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,013,562 | TotalAmt |
| Program Services | $4,013,562 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,595,875 | TotalAmt |
| Program Services | $28,595,875 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $424,281 | TotalAmt |
| Program Services | $424,281 | ProgramServicesAmt |
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 | $5,342,325 | TotalAmt |
| Program Services | $2,160,289 | ProgramServicesAmt |
| Management And General | $2,875,724 | ManagementAndGeneralAmt |
| Fundraising | $306,312 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $834,584 | TotalAmt |
| Program Services | $730,040 | ProgramServicesAmt |
| Management And General | $101,088 | ManagementAndGeneralAmt |
| Fundraising | $3,456 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,153,406 | TotalAmt |
| Program Services | $101,099,694 | ProgramServicesAmt |
| Management And General | $13,618,865 | ManagementAndGeneralAmt |
| Fundraising | $434,847 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,777,127 | TotalAmt |
| Program Services | $2,380,226 | ProgramServicesAmt |
| Management And General | $379,858 | ManagementAndGeneralAmt |
| Fundraising | $17,043 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,172,313 | TotalAmt |
| Program Services | $17,289,326 | ProgramServicesAmt |
| Management And General | $2,759,188 | ManagementAndGeneralAmt |
| Fundraising | $123,799 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,061,259 | TotalAmt |
| Program Services | $6,909,159 | ProgramServicesAmt |
| Management And General | $1,102,627 | ManagementAndGeneralAmt |
| Fundraising | $49,473 | 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 | $937,479 | TotalAmt |
| Program Services | $803,497 | ProgramServicesAmt |
| Management And General | $128,229 | ManagementAndGeneralAmt |
| Fundraising | $5,753 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $671,218 | TotalAmt |
| Management And General | $671,218 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,078 | TotalAmt |
| Program Services | $38,635 | ProgramServicesAmt |
| Management And General | $6,166 | ManagementAndGeneralAmt |
| Fundraising | $277 | FundraisingAmt |
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 | $216,862 | TotalAmt |
| Program Services | $185,868 | ProgramServicesAmt |
| Management And General | $29,663 | ManagementAndGeneralAmt |
| Fundraising | $1,331 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,854,709 | TotalAmt |
| Program Services | $6,732,129 | ProgramServicesAmt |
| Management And General | $1,074,375 | ManagementAndGeneralAmt |
| Fundraising | $48,205 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,085,886 | TotalAmt |
| Program Services | $4,359,021 | ProgramServicesAmt |
| Management And General | $695,652 | ManagementAndGeneralAmt |
| Fundraising | $31,213 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,709,111 | TotalAmt |
| Program Services | $4,113,027 | ProgramServicesAmt |
| Management And General | $575,238 | ManagementAndGeneralAmt |
| Fundraising | $20,846 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,480,036 | TotalAmt |
| Program Services | $3,839,758 | ProgramServicesAmt |
| Management And General | $612,783 | ManagementAndGeneralAmt |
| Fundraising | $27,495 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,791,563 | TotalAmt |
| Program Services | $29,819,221 | ProgramServicesAmt |
| Management And General | $4,758,823 | ManagementAndGeneralAmt |
| Fundraising | $213,519 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,703,593 | TotalAmt |
| Program Services | $1,460,119 | ProgramServicesAmt |
| Management And General | $233,019 | ManagementAndGeneralAmt |
| Fundraising | $10,455 | 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 | $221,047 | TotalAmt |
| Program Services | $189,455 | ProgramServicesAmt |
| Management And General | $30,235 | ManagementAndGeneralAmt |
| Fundraising | $1,357 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $359,266 | TotalAmt |
| Management And General | $359,266 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,575,494 | TotalAmt |
| Program Services | $12,504,302 | ProgramServicesAmt |
| Management And General | $1,982,252 | ManagementAndGeneralAmt |
| Fundraising | $88,940 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,683,863 | TotalAmt |
| Program Services | $2,300,291 | ProgramServicesAmt |
| Management And General | $367,101 | ManagementAndGeneralAmt |
| Fundraising | $16,471 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Educational Programs Expense | $11,416,932 | $11,416,932 | ||
| DUES, SUB & MEMBERSHIP | $832,034 | $713,121 | $113,807 | $5,106 |
| STUDENT ACTIVITES | $597,052 | $597,052 | ||
| GRADUATION & SUNDRY | $527,629 | $527,629 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,035,270 | TotalAmt |
| Program Services | $2,647,445 | ProgramServicesAmt |
| Management And General | $371,171 | ManagementAndGeneralAmt |
| Fundraising | $16,654 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $280,118,854 | TotalAmt |
| Program Services | $245,849,954 | ProgramServicesAmt |
| Management And General | $32,846,348 | ManagementAndGeneralAmt |
| Fundraising | $1,422,552 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,116,857 | BOYAmt |
| EOY | $8,960,762 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,025,828 | BOYAmt |
| EOY | $6,610,148 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,942,700 | BOYAmt |
| EOY | $3,116,627 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $336,955 | BOYAmt |
| EOY | $310,394 | 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 | $9,025,485 | BOYAmt |
| EOY | $18,541,420 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,891,723 | BOYAmt |
| EOY | $3,616,759 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $388,562,198 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $143,763,059 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $246,561,820 | BOYAmt |
| EOY | $244,799,139 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,525,870 | BOYAmt |
| EOY | $16,041,263 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,566,573 | BOYAmt |
| EOY | $2,165,794 | 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 | $725,000 | BOYAmt |
| EOY | $641,667 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,938,679 | BOYAmt |
| EOY | $49,043,171 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $349,657,490 | BOYAmt |
| EOY | $353,847,144 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,379,446 | BOYAmt |
| EOY | $28,787,227 | 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 | $22,773,221 | BOYAmt |
| EOY | $23,427,143 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,977,085 | BOYAmt |
| EOY | $67,461,822 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | 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 | $59,317,697 | BOYAmt |
| EOY | $56,973,076 | 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 | $1,334,530 | BOYAmt |
| EOY | $2,461,505 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,781,979 | BOYAmt |
| EOY | $179,110,773 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,424,679 | BOYAmt |
| EOY | $164,931,900 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,264,732 | BOYAmt |
| EOY | $7,618,914 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,186,100 | BOYAmt |
| EOY | $2,185,557 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,875,511 | BOYAmt |
| EOY | $174,736,371 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $349,657,490 | BOYAmt |
| EOY | $353,847,144 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $4,056,148 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,966,823 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$162,111 | PriorPeriodAdjustmentsAmt |
| 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 |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $137,517,581 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,985,755 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,983,628 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,730,763 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,518,576 | CurrentTaxYearAmt |
| Total | $216,736,303 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $137,517,581 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,985,755 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,983,628 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,730,763 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,518,576 | CurrentTaxYearAmt |
| Total | $216,736,303 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $216,736,303 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $106,171 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $207,428 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $252,933 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,076,851 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,246,412 | CurrentTaxYearAmt |
| Total | $2,889,795 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $70,951 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $70,133 | CurrentTaxYearAmt |
| Total | $141,084 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,381,375 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,645,083 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,124,269 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,936,660 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,972,115 | CurrentTaxYearAmt |
| Total | $51,059,502 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $270,826,684 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,082,760,736 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80028 | PublicSupportCY170Pct |
| Public Support PY170 | 0.84943 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 | $45,078 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $45,078 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | OTHER ACTIVITIES | FormAndLineReferenceDesc |
| Explanation | Form 990 Sch C Part II-B line 1(G) THE UNIVERSITY HIRED LOBBYISTS TO ASSIST IN OBTAINING GRANTS AND APPROVALS FROM FEDERAL AND STATE AGENCIES TO ENHANCE THE FACILITIES AND PROGRAMS OF THE COLLEGE. THE COLLEGE OR ITS REPRESENTATIVES MAY MEET WITH LEGISLATORS TO DISCUSS CERTAIN GRANTS. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $462,074 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,684,606 | BeginningYearBalanceAmt |
| Contributions | $1,053,472 | ContributionsAmt |
| Investment Earnings Or Losses | $1,975,996 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $283,300 | GrantsOrScholarshipsAmt |
| Other Expenditures | $216,455 | OtherExpendituresAmt |
| Administrative Expenses | $663,933 | AdministrativeExpensesAmt |
| End Year Balance | $22,550,386 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,587,634 | BeginningYearBalanceAmt |
| Contributions | $1,458,849 | ContributionsAmt |
| Investment Earnings Or Losses | -$562,780 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $85,075 | GrantsOrScholarshipsAmt |
| Other Expenditures | $129,388 | OtherExpendituresAmt |
| Administrative Expenses | $584,634 | AdministrativeExpensesAmt |
| End Year Balance | $20,684,606 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,617,660 | BeginningYearBalanceAmt |
| Contributions | $1,230,957 | ContributionsAmt |
| Investment Earnings Or Losses | $527,195 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $147,012 | GrantsOrScholarshipsAmt |
| Other Expenditures | $66,722 | OtherExpendituresAmt |
| Administrative Expenses | $574,444 | AdministrativeExpensesAmt |
| End Year Balance | $20,587,634 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,701,602 | BeginningYearBalanceAmt |
| Contributions | $1,702,411 | ContributionsAmt |
| Investment Earnings Or Losses | $1,165,721 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $204,479 | GrantsOrScholarshipsAmt |
| Other Expenditures | $224,558 | OtherExpendituresAmt |
| Administrative Expenses | $523,037 | AdministrativeExpensesAmt |
| End Year Balance | $19,617,660 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,627,418 | BeginningYearBalanceAmt |
| Contributions | $1,967,484 | ContributionsAmt |
| Investment Earnings Or Losses | $587,690 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $100,645 | GrantsOrScholarshipsAmt |
| Other Expenditures | $21,182 | OtherExpendituresAmt |
| Administrative Expenses | $359,163 | AdministrativeExpensesAmt |
| End Year Balance | $17,701,602 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.30170 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.09690 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.60140 | 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 | $42,992,669 | OtherCostOrOtherBasisAmt |
| Book Value | $42,992,669 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $187,009,838 | OtherCostOrOtherBasisAmt |
| Depreciation | $56,079,256 | DepreciationAmt |
| Book Value | $130,930,582 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $82,058,504 | OtherCostOrOtherBasisAmt |
| Depreciation | $40,312,832 | DepreciationAmt |
| Book Value | $41,745,672 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $33,696,687 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,020,932 | DepreciationAmt |
| Book Value | $14,675,755 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $42,804,500 | OtherCostOrOtherBasisAmt |
| Depreciation | $28,350,039 | DepreciationAmt |
| Book Value | $14,454,461 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $244,799,139 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DUE FROM/TO AFFILIATES, NET | $45,321,751 |
| ESCROW DEPOSIT MTI BONDS | $1,466,882 |
| SECURITY DEPOSITS | $1,442,464 |
| ARTWORK | $462,074 |
| OTHER LONG TERM ASSETS | $350,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $49,043,171 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| SALE LEASEBACK | $389,507 |
| OTHER LIABILITIES | $596,619 |
| REFUNDABLE GOVT. LOAN PROGRAM | $1,118,379 |
| TUITION ESCROW | $357,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,461,505 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| COLLECTION OF ART AND RELIGIOUS OBJECTS | SCHEDULE D, Part III, Line 1a A COLLECTION OF ART AND RELIGIOUS OBJECTS ACQUIRED SINCE INCEPTION THROUGH PURCHASES, CONTRIBUTIONS AND LONG TERM LOANS ARE INSURED FOR APPROXIMATELY $1,249,000 INCLUDING APPROXIMATELY $138,000 RELATED TO RELIGIOUS OBJECTS ON LOAN. RECORDS OF THE COST OF PURCHASED ITEMS OR OF THE FAIR VALUE AS OF THE DATE OF CONTRIBUTIONS ARE NOT AVAILABLE IN MANY INSTANCES, AND THE COLLEGE HAS DETERMINED THAT IT WOULD NOT BE PRACTICAL TO RETROACTIVELY CAPITALIZE ITS COLLECTION. |
| RELIGIOUS ARTWORK | SCHEDULE D, PART III, LINE 4 TOURO MAINTAINS ARTWORK AT VARIOUS LOCATIONS. A PORTION OF THE ARTWORK REPRESENTS RELIGIOUS ARTIFACTS USED IN WEEKLY RELIGIOUS SERVICES. OTHER ARTWORK IS USED TO BEAUTIFY THE FACILITIES TO ENHANCE STUDENT AND FACULTY ACCEPTANCE OF THEIR SURROUNDINGS. |
| ENDOWMENT FUNDS | SCHEDULE D, Part V, Line 4 TO PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS, TO ADD OR IMPROVE FACILITIES, TO FUND RESEARCH AND PROVIDE ADDITIONAL PROGRAM FUNDS. |
| ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES | 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, 2017 AND 2016, THE COLLEGE DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ANY UNRELATED BUSINESS INCOME TAX LIABILITY WHICH WOULD HAVE A MATERIAL IMPACT UPON ITS CONSOLIDATED FINANCIAL STATEMENTS. |
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 (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| RACIALLY NONDISCRIMINATORY POLICY | SCHEDULE E, PART I, LINE 3 BROCHURES AND CATALOGS DISTRIBUTED TO STUDENTS AND RECRUITMENT ADVERTISEMENTS IN JOURNALS AND NEWSPAPERS, AS WELL AS ON TV, INTERNET AND THE RADIO CONTAIN STATEMENTS WITH RESPECT TO TOURO COLLEGE'S RACIALLY NONDISCRIMINATORY POLICY. |
| EXPLANATION OF GOVERNMENTAL FINANCIAL AID | SCHEDULE E, PART I, LINE 6A GOVERNMENT CONTRIBUTIONS (GRANTS) OF $5,378,504. STUDENTS ATTENDING THE COLLEGE MAY ALSO BE ELIGIBLE FOR FEDERAL FINCANCIAL AID INCLUDING STUDENT LOANS. ADDITIONALLY, THE COLLEGE RECEIVED GRANTS FROM THE GOVERNMENT FOR RESEARCH AND FACILITY IMPROVEMENTS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Middle East and North Africa | 1 | 19 | Program Services | EDUCATION | $5,272,361 |
| Europe (Including Iceland and Greenland) | 1 | 24 | Grantmaking | EDUCATION | $363,900 |
| Russia and the Newly Independent States | 2 | 0 | Program Services | EDUCATION | $249,122 |
| Middle East and North Africa | Grantmaking | EDUCATION | $60,381 | ||
| East Asia and the Pacific | Program Services | EDUCATION | $56,529 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 4 | SubtotalOfficesCnt |
| Subtotal Employees | 43 | SubtotalEmployeesCnt |
| Total Office | 4 | TotalOfficeCnt |
| Total Employee | 43 | TotalEmployeeCnt |
| Subtotal Spent | $6,002,293 | SubtotalSpentAmt |
| Total Spent | $6,002,293 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Purpose Of Grant | EDUCATION | PurposeOfGrantTxt |
| Cash Grant | $363,900 | CashGrantAmt |
| Manner Of Cash Disbursement | WIRE | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | FOREIGN SCHOLARSHIPS | TypeOfAssistanceTxt |
| Region | Middle East and North Africa | RegionTxt |
| Recipient | 72 | RecipientCnt |
| Cash Grant | $60,381 | CashGrantAmt |
| Manner Of Cash Disbursement | WIRE | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | OPERATIONS REVIEW | FormAndLineReferenceDesc |
| Explanation | SCHEDULE F, Part I, Line 2 PERIODIC SITE VISITS BY COLLEGE ADMINISTRATORS AND FACULTY REVIEW LOCAL OPERATIONS. SIGNIFICANT OPERATIONS HAVE REVIEWS BY LOCAL INDEPENDENT AUDITORS. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Licensed States | NY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | DENTAL DINNER | Event1Nm |
| Gross Receipts Event1 | $207,755 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $180,155 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $27,600 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $71,550 | RentFacilityCostsEvent1Amt |
| Event2 | LAW DINNER | Event2Nm |
| Gross Receipts Event2 | $201,100 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $153,424 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $47,676 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $68,214 | RentFacilityCostsEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $191,955 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $112,740 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $79,215 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $57,779 | RentFcltyCostsOtherEventsAmt |
| Gross Receipts Total | $600,810 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $446,319 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $154,491 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $197,543 | RentFcltyCostsTotalEventsAmt |
| Direct Expense Summary Events | $197,543 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$43,052 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| Yeshivas Ohr Hachaim | ||||||||||
| 500 7TH AVENUE | NEW YORK | NY | 10018 | 112808947 | 501(C)(3) | $3,077,000 | BOOK | RECEIVABLE FORGIVEN | RECEIVABLE FORGIVEN | |
| Hebrew Theological College (HTC) | ||||||||||
| 7135 North Carpenter Road | Skokie | IL | 60077 | 362167095 | 501(c)(3) | Support Related Organization | $1,120,727 | |||
| WESTED | ||||||||||
| 4665 LAMPSON AVENUE | LOS ALAMITOS | CA | 90720 | 943233542 | 511(a)(2)(B) | RESEARCH | $50,236 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 4055 | RecipientCnt |
| Cash Grant | $28,595,875 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING GRANTS | FormAndLineReferenceDesc |
| Explanation | SCHEDULE I, Part I, Line 2 SINCE ITS INCEPTION, MANAGEMENT REVIEWS REQUESTS FOR GRANTS. THE COLLEGE MONITORS ALL REQUESTS FOR USE OF GRANT FUNDS AGAINST THE SUBMITTED BUDGETS FOR THE RESPECTIVE GRANTS. PRIOR TO SUBMISSION OF REQUESTS FOR REIMBURSEMENT, ADDITIONAL REVIEW OF EXPENDED FUNDS IS PERFORMED TO ENSURE COMPLIANCE WITH GRANT AND COLLEGE GUIDELINES. STUDENTS ARE AWARDED TUITION DISCOUNTS BASED ON VARIOUS CRITERIA. THE DISCOUNTS ARE CREDITED TO THE STUDENT'S ACCOUNTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | false | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | 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 (28 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alan Kadish | ||||||||||||||
| President and CEO | $707,840 | $0 | $0 | $0 | $0 | $0 | $24,842 | $0 | $170,838 | $0 | $903,520 | $0 | $0 | $0 |
| Daniel Lander | ||||||||||||||
| Trustee & Chancellor | $58,536 | $247,249 | $0 | $0 | $0 | $0 | $0 | $2,756 | $0 | $99,154 | $58,536 | $349,159 | $0 | $0 |
| Matthew Bonilla | ||||||||||||||
| VP of Student Services | $231,605 | $0 | $0 | $0 | $0 | $0 | $12,446 | $0 | $26,042 | $0 | $270,093 | $0 | $0 | $0 |
| Stanley Boylan | ||||||||||||||
| VP of Undergraduate Education | $120,001 | $0 | $0 | $0 | $0 | $0 | $6,753 | $0 | $57,293 | $0 | $184,047 | $0 | $0 | $0 |
| Richard Braunstein | ||||||||||||||
| VP, Deputy General Counsel | $222,478 | $0 | $0 | $0 | $0 | $0 | $11,733 | $0 | $17,550 | $0 | $251,761 | $0 | $0 | $0 |
| Alan Ciner | ||||||||||||||
| Vice President | $127,321 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $58,588 | $0 | $185,909 | $0 | $0 | $0 |
| Robert Goldberg | ||||||||||||||
| Former Dean of TouroCom | $401,554 | $0 | $0 | $0 | $0 | $0 | $13,250 | $0 | $17,694 | $0 | $432,498 | $0 | $0 | $0 |
| Robert Goldschmidt | ||||||||||||||
| VP of Planning & Assessment | $159,878 | $0 | $0 | $0 | $0 | $0 | $8,503 | $0 | $37,916 | $0 | $206,297 | $0 | $0 | $0 |
| Nadia Graff | ||||||||||||||
| Vice President | $235,543 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $13,783 | $0 | $249,326 | $0 | $0 | $0 |
| Moshe Krupka | ||||||||||||||
| Executive VP | $219,948 | $0 | $0 | $0 | $0 | $0 | $9,498 | $0 | $135,692 | $0 | $365,138 | $0 | $0 | $0 |
| Henry Rubin | ||||||||||||||
| VP, Institutional Advancement | $235,528 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25,782 | $0 | $261,310 | $0 | $0 | $0 |
| Melvin Ness | ||||||||||||||
| Senior VP, CFO | $286,508 | $0 | $0 | $0 | $0 | $0 | $13,250 | $0 | $19,205 | $0 | $318,963 | $0 | $0 | $0 |
| Michael Newman | ||||||||||||||
| Secretary, Sr. VP and Gen Coun | $197,720 | $0 | $0 | $0 | $0 | $0 | $11,003 | $0 | $58,038 | $0 | $266,761 | $0 | $0 | $0 |
| Louis Primavera | ||||||||||||||
| Dean, School of Health & Scien | $251,679 | $0 | $0 | $0 | $0 | $0 | $14,900 | $0 | $0 | $0 | $266,579 | $0 | $0 | $0 |
| David Raab | ||||||||||||||
| Executive VP | $32,940 | $290,367 | $0 | $0 | $0 | $0 | $0 | $25,161 | $0 | $934 | $32,940 | $316,462 | $0 | $0 |
| Patricia Salkin | ||||||||||||||
| Provost Grad and Prof Schools | $271,768 | $0 | $0 | $0 | $21,660 | $0 | $13,250 | $0 | $68,219 | $0 | $374,897 | $0 | $0 | $0 |
| Franklin Steen | ||||||||||||||
| VP of Technology | $234,747 | $0 | $0 | $0 | $0 | $0 | $12,225 | $0 | $18,988 | $0 | $265,960 | $0 | $0 | $0 |
| Marian Stoltz-Loike | ||||||||||||||
| VP, Online Education | $173,308 | $0 | $0 | $0 | $0 | $0 | $6,981 | $0 | $14,326 | $0 | $194,615 | $0 | $0 | $0 |
| Arnold Spinner | ||||||||||||||
| Dean, Grad School of Education | $159,725 | $0 | $0 | $0 | $0 | $0 | $7,854 | $0 | $1,510 | $0 | $169,089 | $0 | $0 | $0 |
| HENRY COHEN | ||||||||||||||
| Dean, Touro Pharmacy | $283,249 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11,283 | $0 | $294,532 | $0 | $0 | $0 |
| JAY P GOLDSMITH | ||||||||||||||
| Dean, Touro Dental School | $253,836 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $253,836 | $0 | $0 | $0 |
| Arthur Prancan | ||||||||||||||
| Associate Professor | $305,819 | $0 | $0 | $0 | $0 | $0 | $12,240 | $0 | $6,861 | $0 | $324,920 | $0 | $0 | $0 |
| Farkas Edward F | ||||||||||||||
| Vice Dean, Touro Dental School | $252,239 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $23,692 | $0 | $275,931 | $0 | $0 | $0 |
| Shaw Gary | ||||||||||||||
| Professor | $232,871 | $0 | $0 | $0 | $0 | $0 | $11,750 | $0 | $17,550 | $0 | $262,171 | $0 | $0 | $0 |
| Kenneth Steier | ||||||||||||||
| Dean | $374,901 | $0 | $0 | $0 | $0 | $0 | $10,876 | $0 | $24,490 | $0 | $410,267 | $0 | $0 | $0 |
| Conrad Fischer | ||||||||||||||
| Professor | $222,322 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1,530 | $0 | $223,852 | $0 | $0 | $0 |
| Lawrence Raful | ||||||||||||||
| Professor | $161,562 | $0 | $0 | $0 | $0 | $0 | $8,507 | $0 | $17,781 | $0 | $187,850 | $0 | $0 | $0 |
| Jeffrey Rosengarten | ||||||||||||||
| Senior VP of Oper. & Admin. | $276,035 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2,405 | $0 | $278,440 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, Part I, LINE 1A | HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PROVOST OF THE GRADUATE AND PROFESSIONAL SCHOOLS IS PROVIDED HOUSING AS A TAXABLE BENEFIT. THE VALUE OF THE HOUSING BENEFIT IS INCLUDED AS OTHER REPORTABLE COMPENSATION IN SCHEDULE J, PART II, COLUMN B(III). THE PRESIDENT IS PROVIDED A CORPORATE APARTMENT AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE COLLEGE. THE VALUE OF THE HOUSING BENEFIT FOR THE PRESIDENT IS INCLUDED AS A NONTAXABLE BENEFIT IN SCHEDULE J, PART II, COLUMN D. PERSONAL SERVICES THE PRESIDENT IS PROVIDED A CHAUFFEUR. THE VALUE OF THIS SERVICE IS INCLUDED AS A NONTAXABLE BENEFIT IN SCHDULE J, PART II, COLUMN D. |
| BOARD APPROVAL | SCHEDULE J Part I Line 1b THE BENEFITS PROVIDED TO THE PRESIDENT ARE APPROVED BY THE COMPENSATION COMMITEE OF THE BOARD. BENEFITS PROVIDED TO THE OFFICERS ARE APPROVED BY THE PRESIDENT. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd | CUSIPCUSIPNum |
|---|---|---|---|---|---|---|---|---|
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK 2013A | ||||||||
| A | 146000293 | 2013-12-18 | $19,520,000 | CAPITAL PROJECT | false | false | false | |
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK 2014A | ||||||||
| B | 146000293 | 2014-06-26 | $59,716,460 | RENOVATE FACILITIES | false | false | Yes (true) | 649907M82 |
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | ||||||||
| C | 146000293 | 2014-10-22 | $41,475,000 | REFUND PRIOR ISSUE (12/6/2011) | false | false | false | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $1,025,940 | $0 | $19,520,000 | $0 | $0 | $0 | $386,587 | $0 | $0 | $19,133,413 | $0 | $0 | false | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $11,378,257 | $799,666 | $311,858 | $0 | $227,803 | $0 | $0 | $10,038,930 | $0 | $0 | false | false | Yes (true) | Yes (true) |
| C | $2,230,000 | $0 | $41,475,000 | $0 | $0 | $0 | $826,365 | $0 | $0 | $0 | $40,648,635 | $0 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0 | false | false | false | Yes (true) |
| B | false | false | false | false | 0 | false | false | false | Yes (true) |
| C | false | false | false | false | 0 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PEOPLES UNITED BANK | |||||||||||||
| A | false | false | Yes (true) | Yes (true) | Yes (true) | Yes (true) | 10. | false | false | false | 0 | false | Yes (true) |
| 0 | |||||||||||||
| B | false | Yes (true) | false | false | false | false | false | 0 | false | Yes (true) | |||
| 0 | |||||||||||||
| C | false | false | Yes (true) | Yes (true) | Yes (true) | false | false | 0 | false | Yes (true) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: | BOND A - Issuer Name: DORMITORY AUTHORITY OF THE STATE OF NEW YORK 2013A Date the Rebate Computation was Performed: 06/18/2014. BOND C - Issuer Name: DORMITORY AUTHORITY OF THE STATE OF NEW YORK Date the Rebate Computation was Performed: 04/22/2015. Note regarding the rebate computations: Since the bond proceeds have been spent, a spending exception was met, and the debt service fund was operated on a bona fide basis, no further rebate calculations are necessary. |
| PART I, LINE B | BOND B - DORMITORY AUTHORITY OF THE STATE OF NEW YORK 2014A: Issue Price (e) does not tie to Part II, Column B, Line 3 as the issue is a pooled financing. $10,805,000 par benefits Touro College. The other beneficiary of the pooled financing is New York Medical COLLEGE. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| LAWRENCE RAFUL | |||||||
| FORMER KEY EMPLOYEE | PURCHASE A RESIDENCE | Yes (X) | $200,000 | $200,000 | false | false | Yes (true) |
| OFFICERSKEY EEs | |||||||
| VARIOUS POSITIONS | PAYROLL ADVANCE | Yes (X) | $110,394 | $110,394 | false | Yes (true) | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $310,394 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (11 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| ERIC GENACK | |||
| TRUSTEE'S SON | $45,295 | Faculty Compensation | false |
| PHYLLIS LANDER | |||
| TRUSTEE'S SPOUSE | $50,097 | Administrative Compensation | false |
| ESTHER GREENFIELD | |||
| TRUSTEE'S SISTER | $110,399 | Administrative Compensation | false |
| Richard Waxman | |||
| TRUSTEE'S SISTER'S SPOUSE | $141,827 | Faculty Compensation | false |
| Debra Waxman | |||
| TRUSTEE'S SISTER | $67,573 | Faculty Compensation | false |
| Hannah Lander | |||
| TRUSTEE'S SISTER | $89,462 | Faculty Compensation | false |
| Moshe Friedman | |||
| Trustee's GRANDSON | $55,360 | Administrative Compensation | false |
| David Mirsky | |||
| TRUSTEE'S CHILD'S SPOUSE | $82,211 | Faculty Compensation | false |
| William Fischbein | |||
| TRUSTEE'S SISTER SPOUSE | $77,581 | Faculty Compensation | false |
| Esther Boylan | |||
| OFFICER'S SPOUSE | $59,697 | Faculty Compensation | false |
| EDNA DAVIS | |||
| OFFICER'S SISTER IN LAW | $55,082 | Faculty Compensation | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $3,140 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp | |
| Securities Publicly Traded | SecuritiesPubliclyTradedGrp | |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $685 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | HOTEL AND FOOD | 0 | $14,745 | SELLING PRICE |
| Yes (X) | EVENT TICKETS | 0 | $8,830 | SELLING PRICE |
| Yes (X) | EDUCATIONAL SUPPLIES | 0 | $7,890 | SELLING PRICE |
| Yes (X) | INTERCOMPANY PAYABLE FORGIVENESS | 2 | $5,480,000 | BOOK VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PART I, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | NUMBER OF CONTRIBUTORS THE AMOUNT LISTED IN COLUMN (B) REFERS TO THE NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| form 990, part i, line 1, & part iii, line 1, mission statement | TOURO COLLEGE WAS ESTABLISHED PRIMARILY TO ENRICH THE JEWISH HERITAGE AND TO SERVE THE LARGER AMERICAN COMMUNITY. THE COLLEGE HAS AN UNDERGRADUATE CURRICULUM OFFERING BACHELOR AND ASSOCIATES DEGREES, GRADUATE PROGRAMS OFFERING MASTERS' DEGREES, AND PROFESSIONAL SCHOOLS INCLUDING A LAW SCHOOL, A SCHOOL OF HEALTH SCIENCES, A SCHOOL OF PHARMACY, A SCHOOL OF OSTEOPATHIC MEDICINE, AND A SCHOOL OF DENTISTRY. THE COLLEGE HAD AN AVERAGE ENROLLMENT OF APPROXIMATELY 13,000 DURING THE FISCAL YEAR. |
| FORM 990, PART III, LINE 4A | ACADEMIC SUPPORT: TOURO COLLEGE PROVIDES STAFF AND OPERATIONAL SUPPORT FOR ACADEMIC PROGRAMS OF VARIOUS SCHOOLS WITHIN THE LARGER TOURO SYSTEM AND EACH SCHOOL PAYS TOURO COLLEGE FOR A PORTION OF THAT SUPPORT AND RECEIVES OTHER SERVICES WITHOUT CHARGE. FROM TIME TO TIME, TOURO COLLEGE RECEIVES ACADEMIC SUPPORT FROM OTHER SCHOOLS IN THE TOURO SYSTEM. DURING THIS REPORTING YEAR, THE BOARDS OF SEVERAL TOURO SYSTEM SCHOOLS VOTED TO FORGIVE PORTIONS OF THE RECEIVABLES THAT HAD ARISEN OVER THE YEARS IN THE CONTEXT OF ACADEMIC SUPPORT AMONG THOSE SCHOOLS AND THOSE FORGIVENESS EVENTS ARE REPORTED AS GRANTS RECEIVED ($5,480,000) AND GRANTS PAID ($3,077,000) ON THE TOURO COLLEGE RETURN. |
| FORM 990,PART VI, SECTION B, LINE 11B, FORM 990 REVIEW PROCESS: | THE TOURO COLLEGE FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE CONTROLLER, OFFICERS AND THE AUDIT COMMITTEE OF THE BOARD OF THE ORGANIZATION THEN REVIEW THE FORM 990. A COPY OF THE FORM 990 IS THEN PROVIDED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990,PART VI, SECTION B, LINE 12C, CONFLICT OF INTEREST POLICY: | THE ANNUAL BOARD QUESTIONNAIRE, WHICH REQUIRES DISCLOSURE OF CONFLICT INTEREST AND OTHER DETAILS, IS CIRCULATED TO ALL OF THE BOARD MEMBERS AND IS REVIEWED BY IN-HOUSE COUNSEL. OUR POLICIES REQUIRE THAT TRUSTEES, OFFICERS, AND KEY EMPLOYEES NOTIFY TOURO ANY TIME CONFLICTS OF INTEREST ARISE. IN THE EVENT THERE IS A CONFLICT OF INTEREST, OR AN APPEARANCE OF A CONFLICT OF INTEREST, THE INDIVIDUAL MUST RECUSE THEMSELVES FROM ANY DISCUSSIONS OR DECISIONS CONCERNING THE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15A, EXECUTIVE COMPENSATION: | THE BOARD AND OFFICERS, WHO ARE FREE OF ANY CONFLICT, APPROVE EXECUTIVE HIRING DECISIONS. IN MAKING COMPENSATION AND EMPLOYEE BENEFIT DETERMINATIONS, CONSIDERATION IS GIVEN TO EXPERT REPORTS AND COMPENSATION TRENDS IN THE INDUSTRY, QUALIFICATIONS AND OTHER MERITS OF THE CANDIDATES. ALL SUCH DECISIONS ARE DOCUMENTED. COMPENSATION FOR SENIOR MANAGEMENT IS REVIEWED PERIODICALLY AND, WHEN APPLICABLE, WHEN THEIR CONTRACTS ARE RENEWED. |
| FORM 990, PART VI, SECTION C, LINE 19, DOCUMENTATION AVAILABLE TO PUBLIC: | THE COLLEGE MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC. CERTAIN GOVERNING POLICIES ARE INCLUDED IN TOURO COLLEGE'S WEBSITE; HOWEVER ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE PUBLIC. |
| SCHEDULE L, Part II | In 2015 when Touro converted from a semi-monthly to a bi-weekly payroll, Touro advanced eight days of salary to substantially all employees to compensate for the built-in delay in processing the new bi-weekly payroll cycle. OF SUCH AMOUNT, $110,394 IS INCLUDED IN LOANS AND OTHER RECEIVABLES FROM CURRENT AND FORMER OFFICERS AND KEY EMPLOYEES, AND $3,025,267 is included in Notes and Loans receivable. Such amounts are expected to be repaid as employees leave the College. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| WARWICK ACADEMIC ASSOCIATES LLC | |||||||||
| C/O TOURO COLLEGE 500 7TH AVE | NEW YORK | NY | 10018 | 204236301 | HOLDING CO. | NY | $64,265 | $3,239,809 | TOURO COLL |
| CENTER FOR HEALTH OUTCOME RESEARCH LLC | |||||||||
| C/O TOURO COLLEGE 500 7TH AVE | NEW YORK | NY | 10018 | 272347268 | RESEARCH CTR. | DE | $0 | TOURO COLL | |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (13 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 | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TOURO UNIVERSITY CALIFORNIA | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 133838740 | EDUCATION | CA | 501(C)(3) | 2 | TOUROCOLLege | Yes (true) | ||||
| TOURO UNIVERSITY NEVADA | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 200362127 | 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 | SUPPORT ORG | NY | 501(C)(3) | 12A | TOUROCOLLege | Yes (true) | ||||
| TOURO COLLEGE FDN FOR JEWISH STUDIES | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 133629225 | SUPPORT ORG | NY | 501(C)(3) | 12A | TOUROCOLLege | Yes (true) | ||||
| NYMC LLC | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 271481147 | MEMBER NYMC | DE | 501(C)(3) | 12B | TOUROCOLLege | Yes (true) | ||||
| NEW YORK MEDICAL COLLEGE | ||||||||||||||
| 40 SUNSHINE COTTAGE ROAD | VALHALLA | NY | 10595 | 131099420 | EDUCATION | NY | 501(C)(3) | 2 | NYMC LLC | Yes (true) | ||||
| PARTNERSHIP FOR A HEALTHY POPULATION | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 134038939 | 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 14055 | BERLIN | GM | GM | |||||||
| HEBREW THEOLOGICAL COLLEGE | ||||||||||||||
| 7135 CARPENTER RD | SKOKIE | IL | 60077 | 362167095 | EDUCATIONAL | IL | 501(C)(3) | 2 | TOUROCOLLEGE | Yes (true) | ||||
| THE BIOTECHNOLOGY INCUBATOR AT NYMC INC | ||||||||||||||
| 40 SUNSHINE COTTAGE ROAD | VALHALLA | NY | 10595 | 471682208 | INCUBATOR | NY | 501(C)(3) | 10 | NA | false | ||||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Touro Speech & Rehab | ||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 134180235 | INACTIVE | NY | NA | C CORP | 1.00000 | Yes (true) |
| Touro Foundation Corporation | ||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 134014618 | INACTIVE | NY | NA | C CORP | 1.00000 | Yes (true) |
| Touro University Foundation | ||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 943318585 | INACTIVE | CA | NA | C CORP | 1.00000 | 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 | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (true) | 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 | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | 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 | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (12 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| TOURO UNIVERSITY CALIFORNIA | ||
| c | $2,116,000 | BOOK VALUE |
| TOURO UNIVRSITY NEVADA | ||
| c | $3,364,000 | BOOK VALUE |
| YESHIVAS OHR HACHAIM | ||
| b | $3,077,000 | BOOK VALUE |
| YESHIVAS OHR HACHAIM | ||
| p | $4,973,683 | CASH TRANSFER |
| TOURO UNIVRSITY NEVADA | ||
| q | $7,393,707 | CASH TRANSFER |
| TOURO UNIVERSITY CALIFORNIA | ||
| q | $9,991,086 | CASH TRANSFER |
| TOURO UNIVRSITY NEVADA | ||
| s | $11,771,000 | CASH TRANSFER |
| TOURO UNIVERSITY CALIFORNIA | ||
| s | $3,610,000 | CASH TRANSFER |
| TOURO LAW SCHOOL DEVELOPMENT FOUNDATION | ||
| l | $62,638 | CASH TRANSFER |
| RABBI DOV REVEL YESHIVA OF FOREST HILLS | ||
| r | $3,976,531 | CASH TRANSFER |
| NEW YORK MEDICAL COLLEGE | ||
| k | $3,029,268 | CASH TRANSFER |
| TOURO COLLEGE BERLIN GGMBH BERLIN | ||
| R | $363,900 | CASH TRANSFER |
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