NEW YORK GENOME CENTER INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- NEW YORK GENOME CENTER INC (EIN 80-0631734)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-14
- IRS object ID
- 201743189349306454
- 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 G
- Schedule I
- Schedule J
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-14T13:35:14-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | 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 | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 800631734 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK GENOME CENTER INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CHRISTOPHER DUIGNAN | InCareOfNm |
| Business Name Control | NEWY | BusinessNameControlTxt |
| Phone | 6469777000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRIS DUIGNAN | PersonNm |
| Person Title | VP FINANCE | PersonTitleTxt |
| Phone | 6469777000 | PhoneNum |
| Signature | 2017-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DEVIN L DUNCAN | PreparerPersonNm |
| PTIN | P01249521 | PTIN |
| Phone | 2127589700 | PhoneNum |
| Preparation | 2017-11-08 | 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 | 13407320173185000048 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2017-11-14 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0D7119A55B03D1977737C3E9AB8A10DDBEE9119B | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 864472CFA5603F93919C1814BAA1FB0991BE5F91 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHERYL MOORE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $132,356,996 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.nygenome.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2010 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | NYGC IS AN INDEPENDENT, NONPROFIT ACADEMIC RESEARCH INSTITUTION AT THE FOREFRONT OF TRANSFORMING BIOMEDICAL RESEARCH AND CLINICAL CARE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 230 | TotalEmployeeCnt |
| Total Volunteers | 28 | TotalVolunteersCnt |
| Total Gross UBI | $840,279 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$19,285 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $61,060,764 | PYContributionsGrantsAmt |
| CY Contributions Grants | $94,901,046 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $17,719,082 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $37,095,198 | CYProgramServiceRevenueAmt |
| PY Investment Income | $840,757 | PYInvestmentIncomeAmt |
| CY Investment Income | $23,269 | CYInvestmentIncomeAmt |
| PY Other Revenue | $182,495 | PYOtherRevenueAmt |
| CY Other Revenue | $58,024 | CYOtherRevenueAmt |
| PY Total Revenue | $79,803,098 | PYTotalRevenueAmt |
| CY Total Revenue | $132,077,537 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $27,788 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $444,802 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,326,706 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $32,325,804 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $1,450 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $130,033 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,097,140 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $53,944,287 | PYOtherExpensesAmt |
| CY Other Expenses | $65,312,805 | CYOtherExpensesAmt |
| PY Total Expenses | $76,300,231 | PYTotalExpensesAmt |
| CY Total Expenses | $98,213,444 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,502,867 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $33,864,093 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $110,178,881 | TotalAssetsBOYAmt |
| Total Assets EOY | $122,070,905 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $104,841,816 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $82,869,747 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,337,065 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $39,201,158 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | OPERATE A STATE-OF-THE-ART, WORLD CLASS GENOME SEQUENCING, BIOINFORMATICS AND RESEARCH CENTER IN NEW YORK CITY. FOR MORE INFORMATION, SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | Yes (true) | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $41,136,738 | ExpenseAmt |
| Revenue | $27,739,608 | RevenueAmt |
| Desc | RESEARCH SEQUENCING IN 2016, NYGC sequenced 20,000 whole genome samples, completed 1,000 projects, and collaborated with 260 investigators from 89 institutions worldwide. Included in these statistics are 5,000 whole genomes that were sequenced for National Heart, Lung and Blood Institute Trans-omics for Precision Medicine program. As of December 2016, the NYGC facility contained 16 Illumina HiSeq X instruments and 12 Illumina HiSeq 2500 instruments. FOR MORE INFORMATION, SEE SCHEDULE O. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $25,689,992 | ExpenseAmt |
| Grant | $444,802 | GrantAmt |
| Revenue | $5,149,401 | RevenueAmt |
| Desc | RESEARCH Our research scientists and faculty are exploring the genomic contributions to human disease, both in their own projects and through collaborations. NYGC researchers have projects underway in cancer, including lung, liver, breast and melanoma; neurodegenerative diseases, focusing on ALS; and autism, among many others. Our bioinformatics scientists play a leadership role in the complex analysis of datasets, including integrating and harmonizing clinical and genomic data necessary for advanced research. FOR MORE INFORMATION, SEE SCHEDULE O. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,242,468 | ExpenseAmt |
| Revenue | $4,206,189 | RevenueAmt |
| Desc | CLINICAL SEQUENCING - NYGCs Clinical Sequencing Laboratory offers tests that are intended to further the mission of translating genomic research into clinical solutions for serious disease. In 2016, the NYGC received conditional approval from the NYS DOH for constitutional whole genome sequencing for undiagnosed disease, as well as those patients who are seeking predispositional genetic testing. FOR MORE INFORMATION, SEE SCHEDULE O. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $71,069,198 | 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 | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | 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 | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| 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 | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | 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 | 74 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 230 | 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 | false | QuidProQuoContributionsInd |
| 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 | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | 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 | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTOPHER DUIGNAN | PersonNm |
| Phone | 6469777303 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 AVENUE OF THE AMERICAS 7TH FLO | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 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 |
|---|---|---|---|---|---|---|---|---|---|
| DAFNA BAR-SAGI PHD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| RUSSELL L CARSON MBA | |||||||||
| DIRECTOR & CO-CHAIR | 4.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DENNIS S CHARNEY MD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| AUGUSTINE MK CHOI MD | |||||||||
| DIRECTOR - EFF. 8/11/16 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT B DARNELL MD PHD | |||||||||
| FOUNDING DIR&CEO-THRU 12/31/16 | 10.0 | 0.0 | Yes (X) | $340,962 | $0 | $0 | Yes (X) | ||
| NICHOLAS DONOFRIO | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JOHN B EHRENKRANZ | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ANTHONY B EVNIN PHD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM E FORD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| LAURIE H GLIMCHER MD | |||||||||
| DIRECTOR - THRU 8/11/16 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| LEE GOLDMAN MD MPH | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JOHN HAVENS | |||||||||
| DIRECTOR / COMMITTEE CHAIR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| WESLIE R JANEWAY | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD P LIFTON MD PHD | |||||||||
| DIRECTOR - EFF. 11/10/16 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| EDISON T LIU MD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| TOM MANIATIS PHD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| CHERYL A MOORE | |||||||||
| PRESIDENT & COO - EFF. 1/11/16 | 40.0 | 0.0 | Yes (X) | $1,275,300 | $0 | $199,690 | Yes (X) | ||
| HERB PARDES MD | |||||||||
| DIRECTOR & VICE CHAIR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| FRANK E RICHARDSON MA JD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ARTHUR J SAMBERG | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| IVAN G SEIDENBERG MBA | |||||||||
| DIRECTOR & CO-CHAIR | 4.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| FRANK V SICA | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JIM SIMONS PHD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN SINGER ESQ | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ALLEN M SPIEGEL MD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| SAMUEL L STANLEY JR MD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| BRUCE STILLMAN PHD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| MARC TESSIER-LAVIGNE PHD | |||||||||
| DIRECTOR - THRU 8/31/16 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| CRAIG B THOMPSON MD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN J TRACEY MD | |||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| CHRIS DUIGNAN | |||||||||
| VP, FINANCE | 40.0 | 0.0 | $299,329 | $0 | $43,017 | Yes (X) | |||
| CAROL ASHE | |||||||||
| CHIEF BUSINESS OFFICER | 40.0 | 0.0 | $456,449 | $0 | $13,367 | Yes (X) | |||
| HAROLD SWERDLOW PHD | |||||||||
| VICE PRESIDENT OF SEQUENCING | 40.0 | 0.0 | $405,211 | $0 | $39,318 | Yes (X) | |||
| KATHLEEN MCGOVERN KEARNS | |||||||||
| VICE PRESIDENT, DEV'T & COMM | 40.0 | 0.0 | $395,415 | $0 | $28,979 | Yes (X) | |||
| TOBY BLOOM PHD | |||||||||
| DEPUTY SCIENTIFIC DIR., INFO. | 40.0 | 0.0 | $349,086 | $0 | $34,729 | Yes (X) | |||
| MATTHEW J PELO | |||||||||
| VP, FINANCIAL STRATEGY & OPS | 40.0 | 0.0 | $311,307 | $0 | $20,726 | Yes (X) | |||
| ELIZABETH O'BRIEN | |||||||||
| VICE PRESIDENT & GEN. COUNSEL | 40.0 | 0.0 | $384,832 | $0 | $37,987 | Yes (X) | |||
| SHAILAJA GARGEYA | |||||||||
| SENIOR DIR. SOFTWARE ENGINEER | 40.0 | 0.0 | $286,274 | $0 | $24,941 | Yes (X) | |||
| LISA ESCUDERO | |||||||||
| VP, HUMAN RESOURCES | 40.0 | 0.0 | $244,910 | $0 | $30,989 | Yes (X) | |||
| DAYNA M OSCHWALD | |||||||||
| SNR. DIR, INFO. PGM MGMT | 40.0 | 0.0 | $225,586 | $0 | $24,998 | Yes (X) | |||
| JOSEPH PICKRELL | |||||||||
| CORE MEMBER, ASST INVESTIGATOR | 40.0 | 0.0 | $199,141 | $0 | $31,188 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,173,802 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $529,929 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 90 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | 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 |
|---|---|---|---|---|---|
| ROBERT DARNELL MD PHD | |||||
| 236 Elderwood Ave | PELHAM | NY | 10803 | management services | $340,962 |
| GREG HANNON | |||||
| 402 WEST 20TH ST | NEW YORK | NY | 10011 | research services | $262,581 |
| PRICEWATERHOUSECOOPERS LLP | |||||
| 4040 W BOY SCOUT BLVD | TAMPA | FL | 33607 | advisory services | $261,663 |
| PJ MECHANICAL SERVICE MAINTENAN | |||||
| 55 BROAD STREET | NEW YORK | NY | 10004 | engineering services | $526,160 |
| SPENCERSTUART | |||||
| PO BOX 98991 | CHICAGO | IL | 60693 | recruitment services | $326,571 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 18 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $3,035,000 | MembershipDuesAmt |
| Government Grants | $18,272,423 | GovernmentGrantsAmt |
| All Other Contributions | $73,593,623 | AllOtherContributionsAmt |
| Total Contributions | $94,901,046 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| RESEARCH SEQUENCING | 541700 | $27,739,608 | $26,899,329 | $840,279 |
| RESEARCH | 541700 | $5,149,401 | $5,149,401 | |
| CLINICAL SEQUENCING | 541700 | $4,206,189 | $4,206,189 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $37,095,198 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,269 | TotalRevenueColumnAmt |
| Exclusion | $23,269 | 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 | $279,459 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $279,459 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| 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 | ExclusionExclusionAmt |
|---|---|---|---|
| EVENT SPACE REVENUE | 900099 | $45,250 | $45,250 |
| OTHER REVENUE | 900099 | $12,774 | $12,774 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $58,024 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $132,077,537 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $36,254,919 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $840,279 | UnrelatedBusinessRevenueAmt |
| Exclusion | $81,293 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $444,802 | TotalAmt |
| Program Services | $444,802 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
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 | $4,212,884 | TotalAmt |
| Program Services | $1,160,377 | ProgramServicesAmt |
| Management And General | $2,628,114 | ManagementAndGeneralAmt |
| Fundraising | $424,393 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,347,246 | TotalAmt |
| Program Services | $17,197,015 | ProgramServicesAmt |
| Management And General | $4,915,249 | ManagementAndGeneralAmt |
| Fundraising | $234,982 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,008,453 | TotalAmt |
| Program Services | $704,544 | ProgramServicesAmt |
| Management And General | $273,681 | ManagementAndGeneralAmt |
| Fundraising | $30,228 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,101,863 | TotalAmt |
| Program Services | $2,063,284 | ProgramServicesAmt |
| Management And General | $988,605 | ManagementAndGeneralAmt |
| Fundraising | $49,974 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,655,358 | TotalAmt |
| Program Services | $1,214,565 | ProgramServicesAmt |
| Management And General | $404,643 | ManagementAndGeneralAmt |
| Fundraising | $36,150 | 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 | $543,456 | TotalAmt |
| Management And General | $543,456 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $216,051 | TotalAmt |
| Management And General | $216,051 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,490 | TotalAmt |
| Management And General | $92,490 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,033 | TotalAmt |
| Fundraising | $130,033 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $916,621 | TotalAmt |
| Program Services | $481,851 | ProgramServicesAmt |
| Management And General | $427,248 | ManagementAndGeneralAmt |
| Fundraising | $7,522 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $229,423 | TotalAmt |
| Program Services | $3,583 | ProgramServicesAmt |
| Management And General | $225,840 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $957,505 | TotalAmt |
| Program Services | $235,294 | ProgramServicesAmt |
| Management And General | $721,308 | ManagementAndGeneralAmt |
| Fundraising | $903 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,638,722 | TotalAmt |
| Program Services | $1,200,828 | ProgramServicesAmt |
| Management And General | $1,433,169 | ManagementAndGeneralAmt |
| Fundraising | $4,725 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,818,660 | TotalAmt |
| Program Services | $9,387,181 | ProgramServicesAmt |
| Management And General | $5,312,166 | ManagementAndGeneralAmt |
| Fundraising | $119,313 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $519,640 | TotalAmt |
| Program Services | $272,275 | ProgramServicesAmt |
| Management And General | $243,743 | ManagementAndGeneralAmt |
| Fundraising | $3,622 | 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 | $267,267 | TotalAmt |
| Program Services | $108,564 | ProgramServicesAmt |
| Management And General | $152,383 | ManagementAndGeneralAmt |
| Fundraising | $6,320 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,014,537 | TotalAmt |
| Program Services | $756,093 | ProgramServicesAmt |
| Management And General | $250,309 | ManagementAndGeneralAmt |
| Fundraising | $8,135 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,234,042 | TotalAmt |
| Program Services | $8,913,997 | ProgramServicesAmt |
| Management And General | $6,289,266 | ManagementAndGeneralAmt |
| Fundraising | $30,779 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $445,490 | TotalAmt |
| Management And General | $445,490 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| DIRECT COST OF SEQUENCING | $23,268,143 | $23,268,143 | ||
| RESEARCH & CLIA | $3,382,423 | $3,382,423 | ||
| RECRUITMENT | $489,725 | $118,193 | $371,532 | |
| ALL OTHER EXPENSE | $278,610 | $156,186 | $112,363 | $10,061 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,213,444 | TotalAmt |
| Program Services | $71,069,198 | ProgramServicesAmt |
| Management And General | $26,047,106 | ManagementAndGeneralAmt |
| Fundraising | $1,097,140 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,314,331 | BOYAmt |
| EOY | $15,120,314 | 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 | $7,904,830 | BOYAmt |
| EOY | $19,131,071 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,256,171 | BOYAmt |
| EOY | $6,687,337 | 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 | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,724,235 | BOYAmt |
| EOY | $7,515,459 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,607,181 | BOYAmt |
| EOY | $2,375,799 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $103,716,928 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $43,799,525 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,303,356 | BOYAmt |
| EOY | $59,917,403 | 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 | $0 | BOYAmt |
| EOY | $0 | 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 | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,068,777 | BOYAmt |
| EOY | $11,323,522 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,178,881 | BOYAmt |
| EOY | $122,070,905 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,194,484 | BOYAmt |
| EOY | $14,754,579 | 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 | $7,050,115 | BOYAmt |
| EOY | $13,596,240 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | 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 | $6,411,955 | BOYAmt |
| EOY | $5,543,160 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,999,000 | BOYAmt |
| EOY | $21,885,110 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,186,262 | BOYAmt |
| EOY | $27,090,658 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,841,816 | BOYAmt |
| EOY | $82,869,747 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$5,804,618 | BOYAmt |
| EOY | $17,485,267 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,141,683 | BOYAmt |
| EOY | $21,715,891 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,337,065 | BOYAmt |
| EOY | $39,201,158 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,178,881 | BOYAmt |
| EOY | $122,070,905 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $33,864,093 | ReconcilationRevenueExpnssAmt |
| 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) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,649,601 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,419,687 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $52,034,400 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $61,060,764 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $94,901,046 | CurrentTaxYearAmt |
| Total | $242,065,498 | 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 | $19,649,601 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,419,687 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $52,034,400 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $61,060,764 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $94,901,046 | CurrentTaxYearAmt |
| Total | $242,065,498 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $71,208,018 | SubstantialContributorsTotAmt |
| Public Support Total170 | $170,857,480 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $24,896 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $83,412 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $556,550 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $268,801 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $302,728 | CurrentTaxYearAmt |
| Total | $1,236,387 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $43,718 | CurrentTaxYearMinus4YearsAmt |
| Total | $43,718 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $116,870 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $58,024 | CurrentTaxYearAmt |
| Total | $174,894 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $243,520,497 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $67,239,847 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.70161 | PublicSupportCY170Pct |
| Public Support PY170 | 0.61260 | 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 | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | false | DirectContactLegislatorsInd |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $92,490 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $92,490 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | LOBBYING ACTIVITIES | FormAndLineReferenceDesc |
| Explanation | PART II-B, LINE 1I THROUGH ITS LEGISLATIVE CONSULTANT, NYGC ADVOCATED FOR GOVERNMENT FUNDS TO SUPPORT CURRENT OPERATIONS AND/OR EXPAND RESEARCH OPPORTUNITIES AT NYGC. THE ACTIVITIES INCLUDED, AND ARE NOT LIMITED TO, NEW YORK STATE AND NEW YORK CITY GOVERNMENTS. ADDITIONALLY, PORTIONS OF DUES NYGC PAID TO IRC SECTION 501(C)(6) ORGANIZATIONS WERE ATTRIBUTABLE TO LOBBYING. IN 2016, THE AMOUNT ATTRIBUTABLE TO LOBBYING WAS $2,490. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $53,507,688 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,150,727 | DepreciationAmt |
| Book Value | $44,356,961 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $48,705,545 | OtherCostOrOtherBasisAmt |
| Depreciation | $34,015,985 | DepreciationAmt |
| Book Value | $14,689,560 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,503,695 | OtherCostOrOtherBasisAmt |
| Depreciation | $632,813 | DepreciationAmt |
| Book Value | $870,882 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $59,917,403 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| SECURITY DEPOSITS | $11,085,392 |
| DEFERRED COMPENSATION | $238,130 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $11,323,522 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED INTEREST PAYABLE | $89,557 |
| DEFERRED RENT | $27,001,101 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $27,090,658 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $132,356,996 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $132,356,996 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$279,459 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$279,459 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $132,077,537 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $98,492,903 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $279,459 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $279,459 | ExpensesNotReportedAmt |
| Expenses Subtotal | $98,213,444 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $98,213,444 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| INCOME TAXES | PART X, LINE 2 NYGC IS SUBJECT TO THE PROVISIONS OF FASB ASC SECTION 740-10-05, INCOME TAXES - OVERALL, RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. NYGC RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED AND HAS DETERMINED IT DID NOT HAVE ANY EXPOSURE TO UNCERTAIN TAX POSITIONS DURING 2016 AND 2015. |
| REVENUE AND EXPENSE RECONCILIATION | PART XI, LINE 4B AND PART XII, LINE 2D ($279,459) RENTAL EXPENSES ALLOCABLE TO 990, PART VIII |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | COMMUNITY COUNSELLING SERVICE | PersonNm |
| Activity | CAMPAIGN SERVICES | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $110,000 | RetainedByContractorAmt |
| Net To Organization | -$110,000 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $0 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $110,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$110,000 | TotalNetToOrganizationAmt |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule G, Part I, Line 2b | FormAndLineReferenceDesc |
| Explanation | Community Counselling Service's Address: 527 Madison Avenue 5th Floor New York, NY 10022 SCHEDULE G, PART I, LINE 2B, COLUMN (IV) NYGC UTILIZES THE SERVICES OF A FUNDRAISING ADVISOR TO CONSULT ON THE DEVELOPMENT ACTIVITIES OF THE ORGANIZATION; HOWEVER, DUE TO THE NATURE OF THESE ARRANGEMENTS, NYGC IS UNABLE TO REASONABLY DETERMINE THE GROSS RECEIPTS FROM THE FUNDRAISING ACTIVITIES WHICH ARE SOLELY ATTRIBUTABLE TO THIS ADVISOR. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (6 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| TRUSTEES OF COLUMBIA UNIV IN CITY OF NY | ||||||||
| 630 W 168TH ST | 11TH FLOOR | NEW YORK | NY | 10032 | 135598093 | 501(C)(3) | $103,656 | RESEARCH SUBAWARD |
| COLD SPRING HARBOR LABORATORY | ||||||||
| 1 BUNGTOWN RD | COLD SPRING HARBOR | NY | 11724 | 112013303 | 501(C)(3) | $151,302 | RESEARCH SUBAWARD | |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | ||||||||
| ONE GUSTAVE L LEVY PL | BOX 1075 | NEW YORK | NY | 10029 | 136171197 | 501(C)(3) | $39,196 | RESEARCH SUBAWARD |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA-SF | ||||||||
| 1550 4TH STREET | SAN FRANCISCO | CA | 94158 | 946036493 | 115 - CA | $17,689 | RESEARCH SUBAWARD | |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA-LA | ||||||||
| 11000 KINROSS AVE | LOS ANGELES | CA | 90095 | 956006143 | 115 - CA | $43,902 | RESEARCH SUBAWARD | |
| UNIVERSITY OF WASHINGTON | ||||||||
| 4333 BROOKLYN AVE NE | SEATTLE | WA | 98195 | 916001537 | 115 - WA | $89,057 | RESEARCH SUBAWARD | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING USE OF GRANT FUNDS | FormAndLineReferenceDesc |
| Explanation | SCHEDULE I, PART I, LINE 2 NYGC MONITORS SUBRECIPIENTS' USE OF GRANT FUNDS IN MULTIPLE STAGES. IN THE PRE-AWARD PHASE, SUBRECIPIENTS ARE EVALUATED BY NYGC'S SPONSORED RESEARCH AND ACADEMIC/SCIENTIFIC DEPARTMENTS, WITH CONSIDERATION OF SUBRECIPIENT CAPABILITIES AND INFRASTRUCTURE, AS WELL AS THE APPROPRIATE CHECKS FOR SUSPENSION AND DEBARMENT. IN THE POST-AWARD PHASE, NYGC'S SPONSORED RESEARCH TEAM MONITORS PROGRAMMATIC PROGRESS (IN COORDINATION WITH ANY INTERNAL SCIENTIFIC PERSONNEL) IN A MANNER CONSISTENT WITH THE TERMS AND CONDITIONS OF THE AWARD. NYGC'S FINANCE/GRANTS ACCOUNTING DEPARTMENT REVIEWS ANY SUBRECIPIENT EXPENSES INVOICED TO NYGC FOR ALLOWABILITY WITH REGARD TO RELEVANT COST PRINCIPLES AND BUDGETARY RESTRICTIONS, AND PROVIDES SUBRECIPIENT INVOICES TO SPONSORED RESEARCH FOR THEIR REVIEW AND APPROVAL. ONCE THE SPONSORED RESEARCH AND FINANCE DEPARTMENTS HAVE APPROVED SUBRECIPIENT INVOICES, THE SUBRECIPIENT IS PAID. SUBAWARDS ELIGIBLE FOR FFATA REPORTING ARE RECORDED IN THE FSRS (THE FFATA SUBAWARD REPORTING SYSTEM) IN ACCORDANCE WITH THE FEDERAL REPORTING REQUIREMENTS FOR FIRST-TIER SUBAWARDS UNDER NYGC'S PRIME FEDERAL AWARDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | Yes (true) | InitialContractExceptionInd |
| Rebuttable Presumption Proc | Yes (true) | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROBERT B DARNELL MD PHD | ||||||||||||||
| FOUNDING DIR&CEO-THRU 12/31/16 | $324,089 | $0 | $0 | $0 | $16,873 | $0 | $0 | $0 | $0 | $0 | $340,962 | $0 | $0 | $0 |
| CHERYL A MOORE | ||||||||||||||
| PRESIDENT & COO - EFF. 1/11/16 | $877,358 | $0 | $75,000 | $0 | $322,942 | $0 | $196,583 | $0 | $3,107 | $0 | $1,474,990 | $0 | $0 | $0 |
| CAROL ASHE | ||||||||||||||
| CHIEF BUSINESS OFFICER | $396,305 | $0 | $41,600 | $0 | $18,544 | $0 | $13,250 | $0 | $117 | $0 | $469,816 | $0 | $0 | $0 |
| HAROLD SWERDLOW PHD | ||||||||||||||
| VICE PRESIDENT OF SEQUENCING | $405,211 | $0 | $0 | $0 | $0 | $0 | $13,250 | $0 | $26,068 | $0 | $444,529 | $0 | $0 | $0 |
| KATHLEEN MCGOVERN KEARNS | ||||||||||||||
| VICE PRESIDENT, DEV'T & COMM | $385,408 | $0 | $0 | $0 | $10,007 | $0 | $10,000 | $0 | $18,979 | $0 | $424,394 | $0 | $0 | $0 |
| TOBY BLOOM PHD | ||||||||||||||
| DEPUTY SCIENTIFIC DIR., INFO. | $349,086 | $0 | $0 | $0 | $0 | $0 | $13,250 | $0 | $21,479 | $0 | $383,815 | $0 | $0 | $0 |
| MATTHEW J PELO | ||||||||||||||
| VP, FINANCIAL STRATEGY & OPS | $311,307 | $0 | $0 | $0 | $0 | $0 | $12,520 | $0 | $8,206 | $0 | $332,033 | $0 | $0 | $0 |
| ELIZABETH O'BRIEN | ||||||||||||||
| VICE PRESIDENT & GEN. COUNSEL | $309,685 | $0 | $0 | $75,147 | $0 | $13,250 | $0 | $24,737 | $0 | $422,819 | $0 | $0 | $0 | |
| SHAILAJA GARGEYA | ||||||||||||||
| SENIOR DIR. SOFTWARE ENGINEER | $286,274 | $0 | $0 | $0 | $0 | $0 | $13,250 | $0 | $11,691 | $0 | $311,215 | $0 | $0 | $0 |
| LISA ESCUDERO | ||||||||||||||
| VP, HUMAN RESOURCES | $244,910 | $0 | $0 | $0 | $0 | $0 | $9,375 | $0 | $21,614 | $0 | $275,899 | $0 | $0 | $0 |
| DAYNA M OSCHWALD | ||||||||||||||
| SNR. DIR, INFO. PGM MGMT | $223,086 | $0 | $2,500 | $0 | $0 | $0 | $7,652 | $0 | $17,346 | $0 | $250,584 | $0 | $0 | $0 |
| JOSEPH PICKRELL | ||||||||||||||
| CORE MEMBER, ASST INVESTIGATOR | $157,141 | $0 | $0 | $0 | $42,000 | $0 | $10,237 | $0 | $20,951 | $0 | $230,329 | $0 | $0 | $0 |
| CHRIS DUIGNAN | ||||||||||||||
| VP, FINANCE | $299,329 | $0 | $0 | $0 | $0 | $0 | $12,480 | $0 | $30,537 | $0 | $342,346 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1 | FIRST-CLASS OR CHARTER TRAVEL In 2016, on a single occasion, the President and COO traveled one-level above economy class on a business-related flight. Because the travel was for business, it was not treated as taxable to the employee. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS NYGC PROVIDED RELOCATION SERVICES FOR THE FOLLOWING EMPLOYEEs HIRED FROM OUTSIDE NEW YORK CITY: President and COO, Vice President and General Counsel. THE VALUE OF THESE RELOCATION SERVICES WAS TREATED AS COMPENSATION TO THE EMPLOYEE FOR WHICH NYGC MADE GROSS-UP PAYMENTS TO ALLEVIATE THE TAX BURDEN ON THE EMPLOYEE. NYGC also provided tuition assistance for a family member to the Vice President and General Counsel. THE VALUE OF this assistance WAS TREATED AS COMPENSATION TO THE EMPLOYEE FOR WHICH NYGC MADE GROSS-UP PAYMENTS TO ALLEVIATE THE TAX BURDEN ON THE EMPLOYEE. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE NYGC provided a housing allowance for the following employees listed in Form 990, Part VII, Section A, Line 1a: Cheryl Moore, Joseph Pickrell. The value of this assistance WAS TREATED AS compensation to the employee. NYGC selectively offers housing allowances to employees, principally as a recruiting tool for new faculty and postdoctoral fellows. Subsidized housing or housing allowances are commonly offered by peer academic institutions in New York City to help faculty and other researchers defray the high cost of housing. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES NYGC paid health club dues for its former Founding Scientific Director and CEO. The value of this assistance was treated as compensation to the employee. PERSONAL SERVICES NYGC provided certain meals and transportation services to the former Founding Scientific Director and CEO. The value of which was treated as compensation to the employee. |
| EXECUTIVE COMPENSATION | SCHEDULE J, PART I, LINE 3 An ad-hoc Executive Compensation Committee of the board was responsible for establishing the President and COOs compensation package and terms of her employment contract. Her compensation was determined through a review of Form 990 returns and compensation information for top management officials at similarly situated organizations obtained through the recruiting process. Consideration also was given to her then-current compensation. ON RECOMMENDATION OF THE ad-hoc Executive Compensation Committee, the Board of Directors approved her compensation. In late 2016, NYGC hired an independent compensation consultant to review the compensation paid to senior management; results of this review were provided TO THE BOARD'S STANDING EXECUTIVE COMPENSATION COMMITTEE IN EARLY 2017. THE review showed that the compensation paid to all members of senior management was reasonable. |
| SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN | Schedule J, Part I, Line 4b NYGC has a deferred compensation plan for the President and COO. $183,333 was deferred in 2016. |
| INITIAL CONTRACT EXCEPTION | Schedule J, Part I, Lines 8 & 9 All amounts reported, paid, or accrued for the President and COO were fixed and subject to the initial contract exception. Notwithstanding the initial contract exception, NYGC gathered independent external salary information TO ESTABLISH THAT the President and COO'S COMPENSATION WAS REASONABLE (NOTED IN SCHEDULE J, PART I, LINE 3). |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| THE ORGANIZATIONS MISSION | FORM 990, PART I, LINE 1 & PART III, LINE 1: NYGC is organized and operated as an independent, non-profit corporation, dedicated to state-of-the-art, world class genome sequencing, bioinformatics and research, whose members include leading academic, medical and research institutions. NYGC has the following key objectives: (i) Creating an intellectually vibrant collaboration amongst the academic and scientific community in New York City; (ii) Recruiting world class scientific leadership to direct the scientific development of the Corporation; (iii) Obtaining commitments from the Institutional Founding Members, other academic, research and medical institutions and the biotechnology/pharmaceutical industry to affiliate with and use services provided by the Corporation; (iv) Providing sequencing and bioinformatics services to the academic and scientific communities, including the Institutional Founding Members; (v) Developing advanced bioinformatics capabilities based upon the research and sequencing activities conducted at the Corporations facilities; (vi) Advancing the development of new treatments, therapies and therapeutics to treat human disease; (vii) Providing training to the academic, research and technology communities; and (viii) Conducting activities ancillary to these objectives. |
| PROGRAM SERVICE ACCOMPLISHMENTS | FORM 990, PART III, LINE 2, LINE 4A, LINE 4B, LINE 4C The New York Genome Center (NYGC) is an independent, nonprofit academic research institution with the mission of advancing clinical care through transformative genomic research. Collaborating with premier academic, medical and industry leaders across the globe, the NYGCs goal is to translate genomic research into the development of new treatments, therapies and therapeutics against human disease. NYGC and its member organizations and partners are united in this unprecedented collaboration of technology, science and medicine, designed to harness the power of innovation and discoveries to advance genomic services. Their shared objective is the acceleration of medical genomics and precision medicine to benefit patients around the world. What makes the NYGC unique and a strong collaborative partner are our innovation, research and quality. 2016 was an exciting year of progress and transition at the NYGC. We made strong strides to further our mission, reaching important new milestones. The NYGC sequenced 20,000 whole genome samples, completed 1,000 projects, and collaborated with 260 investigators from 89 institutions worldwide. We were pleased to welcome Princeton University as our newest Institutional Associate Member. This new partnership paves the way for new collaborations and innovation between researchers at Princeton University, its Lewis-Sigler Institute, the NYGC and our other member institutions. Advancing Genomics Our scientists have made impactful new discoveries, developed open source novel methods used by the scientific community, and produced exceptional quality publications in many peer-reviewed scientific journals. Working together with our member institutions, our researchers were the recipients of grants totaling more than $20 million in 2016. The NYGC was awarded $40 million, over four years, in January 2016 from the National Human Genome Research Institute (NHGRI) of the National Institutes of Health (NIH), to create a Center for Common Disease Genomics (CCDG) and establish a collaborative, large-scale genome sequencing program. The NHGRIs CCDG program funds only four centers across the country. NYGCs CCDG uses whole genome sequencing to explore genomic contributions to common diseases. In 2016, NYGCs CCDG focused primarily on studying autism. NYGC entered into a collaboration agreement with IBM, our Founding Technology Member, to build a comprehensive and open repository of genetic data to accelerate cancer research. This joint initiative between the NYGC and IBM, called the Cancer Genomics Alliance study, was recognized and highlighted at the 2016 White House Precision Medicine Initiative Summit. NYGC scientists sequenced the DNA and RNA from 200 cancer patients being treated at our member institutions. NYGC is housing the contributed data and training IBM Watsons cognitive computing capacities for genomic analysis. Genetic information and clinical data from these patients were shared with Watson along with massive amounts of medical evidence to help identify existing drugs that may be candidates to potentially target patients cancer-causing mutations. All clinically actionable results were shared with treating physicians. Research and Faculty Since its inception, the NYGC has attracted world-class scientists whose genomic expertise including single cell genomics, genome engineering, population and evolutionary genomics, technology and methods development, statistics, computational biology and bioengineering bring a multidisciplinary and in-depth approach to the evolving field of genomics. In 2016, we recruited two distinguished researchers, Drs. Neville Sanjana and Simon Tavar, to our faculty, broadening our research focus and capabilities. Neville Sanjana, PhD, joined the NYGC as a Core Member and Assistant Investigator. Dr. Sanjanas scientific expertise includes genome engineering, functional genomic screening using programmable nucleases, autism genetics and synaptic pathophysiology. He holds a joint appointment at New York University as an Assistant Professor in the Department of Biology and the Center for Genomics and Systems Biology and an associate faculty appointment with the Institute for Systems Genetics at New York University Langone Medical Center. Previously at the Broad Institute of Harvard and the Massachusetts Institute of Technology and in the Departments of Brain and Cognitive Sciences and Bioengineering at the Massachusetts Institute of Technology, Dr. Sanjana was a postdoctoral scientist in the laboratory of Dr. Feng Zhang. Dr. Sanjana received his PhD in Brain and Cognitive Sciences from the Massachusetts Institute of Technology and completed his undergraduate education at Stanford University. He uses the genome-engineering tools in a variety of contexts to understand how genetic variants affect human health and disease. Simon Tavar, PhD, joined the NYGC as a Senior Researcher while continuing his appointments as the Director of the Cancer Research UK Cambridge Institute and Professor in the Departments of Oncology and Applied Mathematics and Theoretical Physics at the University of Cambridge. Dr. Tavar is widely recognized as one of the worlds leading experts in statistics and probability in computational biology. His research interests include statistical genetics, evolutionary approaches to cancer and stochastic computation. Dr. Tavar received his BSc degree, MSc degree and PhD in probability and statistics from the University of Sheffield, UK. He was elected a Fellow of the Academy of Medical Sciences in 2009 and named a Fellow of the Royal Society in 2011. NYGCs faculty support the scientific vision of the NYGC through the advancement of genomic medicine. Faculty members have joint appointments at our Institutional Founding Members to strengthen our research capabilities, advance academic leadership, and enhance the ability to help solve human diseases. In 2016, NYGCs faculty were awarded several prestigious grants, including the NIHs New Innovator Award, a grant from the National Breast Cancer Coalition, and a Stand Up to Cancer Innovative Research Grant. Rahul Satija, PhD, received a New Innovator Award from the National Institutes of Health to fund research focusing on how the interaction between molecular and environmental factors governs cell behavior. Yaniv Erlich, PhD, and Joseph Pickrell, PhD, were awarded a grant from the National Breast Cancer Coalition to expand the services of DNA.Land, the nonprofit web-based platform they created that houses genomes from more than 40,000 people, for a targeted collection of data of breast cancer patients. Dan Landau, MD, PhD, was the recipient of a Stand Up to Cancer Innovative Research Grant for a project with Weill Cornell Medicine, focused on a new mathematical approach to design combination therapies for chronic lymphocytic leukemia. Our Center for Genomics of Neurodegenerative Diseases ALS Consortium, led by Hemali Phatnani, PhD, was joined by two new members, The Jackson Laboratory and the University of California, Irvine. In 2016, the Consortium included 15 leading institutions in the United States and abroad. Scientists and clinicians work collaboratively to apply state-of-the-art clinical and functional genomics together with bioinformatics to study ALS disease mechanisms and better understand how mutations underlying ALS cause disease. The target of this global multidisciplinary effort is whole genome sequencing and analysis of 3,200 clinically well-annotated ALS samples within the next three years to enhance early diagnosis and effective drug discovery. To advance collaborative efforts on cancer genomics, Nobel Laureate Harold Varmus, MD, Senior Associate Core Member, NYGC, and Lewis Thomas University Professor of Medicine, Weill Cornell Medicine, established the New York Cancer Genomics Research Network. Dr. Varmus convenes monthly meetings at the NYGC with leading cancer researchers and clinicians from our Institutional Founding Members and other key academic institutions around the world. The objective of this multidisciplinary approach is to help set critical priorities in translating genomic science into more effective treatment options for all cancer patients in New York and beyond. Marcin Imielinski, MD, PhD, discovered a new class of mutations in cancer that may represent a novel class of driver in liver, lung, thyroid and stomach cancer, and his findings were subsequently published in Cell. Neville Sanjana, PhD, utilized CRISPR, an advanced gene-editing technique, to analyze non-coding regions of the human genome that drive drug-resistant cancer. His study, which may offer new treatment options for patients with melanoma and other cancers, was published in Science and featured in an article in TIME. |
| Joseph Pickrell, PhD, and Yaniv Erlich, PhD, completed several | breakthrough genome-wide association studies in 2016. One study discovered multi-tasking genes that influence a wide variety of human traits and conditions, identifying some unexpected connections between diseases. This research could provide a powerful new tool for scientists to identify shared causal relationships between diseases and better understand how diseases interrelate. In another study, Drs. Pickrell and Erlich deployed advanced data analytics and genome-wide association by proxy, using the DNA of patients families to map risk factors. They uncovered 17 new disease-causing mutations for Alzheimers disease, cardiac disease and diabetes. Both studies were published in Nature Genetics. In 2016, researchers at the NYGC helped contribute to advancements in the field of genomics through their translational research on a wide range of diseases. Their findings were published in more than 50 high-impact scientific journals. Bioinformatics and Data Management NYGCs Bioinformatics scientists play a leadership role in the complex analysis of multiple datasets, including integrating and harmonizing clinical and genomic data. In 2016, our Bioinformatics team conducted an array of investigations, including research on renal cell carcinoma, autism and breast cancer. They also developed and will shortly launch the MetroNome database, a web application that allows researchers to explore data visually, with the goal of correlating genotypes with phenotypes. The system accepts genomic sequencing and clinical data from any research project. Participating researchers can explore their data in an interactive, visual interface and organize data along many dimensions MetroNome enables investigators to search for genomic differences across large populations, investigate the effects of genomic variants and relate them to phenotypic conditions. The Bioinformatics teams research in 2016 has resulted in more than a dozen publications, in journals such as Nature, The American Journal of Human Genetics and The Journal of Clinical Investigation. We also strengthened collaborative research projects with our Institutional Founding Members in 2016, and were jointly awarded a National Cancer Institute grant with Weill Cornell Medicine for a specialized genomic data center, with Michael Zody, PhD, Senior Director, Computational Biology, as the co-principal investigator at the NYGC. Technology Innovation Today, there are numerous exciting clinical uses for genomic information, yet such information has to be generated and interpreted in a timely, scalable, and high-quality fashion in order to speed and improve the delivery of results to researchers and clinicians. The NYGC Technology Innovation Lab is a creative, multidisciplinary hub where our scientists are developing cutting-edge technologies to advance genomics research and clinical applications, particularly for cancer researchers and clinicians. The Technology Innovation Lab is dedicated to generating new technologies, protocol development, equipment evaluation, and informatics tool development/integration. Our scientists are developing various novel technologies to speed up, reduce costs and decrease the handling of next-generation library preparation reactions. In 2016, we developed a whole genome bisulfite sequencing library prep compatible with HiSeq X, reducing the cost of the whole genome bisulfite sequencing by two-thirds, and cutting the turnaround time in half, making this important technology accessible to researchers worldwide. Clinical Sequencing NYGCs Clinical Sequencing Laboratory offers tests that are intended to further our mission of translating genomic research into clinical solutions for serious disease. The Laboratory received New York State Clinical Laboratory Evaluation Program (CLEP) certification from the New York State (NYS) Department of Health (DOH) in 2014. Its first two genomics laboratory-developed tests, a constitutional whole exome sequencing test for undiagnosed disease and a targeted variant test (Sanger-sequencing based assay to confirm the mutations identified by research next-generation sequencing for constitutional diseases), received CLEP approval from the NYS DOH in 2015. In 2016, the NYGC received conditional approval from the NYS DOH for constitutional whole genome sequencing for undiagnosed disease, as well as those patients who are seeking predispositional genetic testing. Applications for approval of additional tests are pending with the NYS DOH. Education As part of the NYGCs educational mission, we hosted many scientific meetings, workshops, conferences and lectures in 2016. We held Evening Talks, our lecture series for the general public on advances in genomic science, sponsored by The New York City Community Trust Pyewacket Fund. We hosted Five Points lectures for the scientific community, featuring leading researchers from around the country and abroad. In addition, the NYGC held well-attended workshops for the medical community on single cell genomics, epigenomics, sequencing informatics and ancestry. In September 2016 the NYGC hosted the first DNA.Land User Group Meeting. This unique "family reunion" was attended by more than 100 people and attracted media coverage on Fox 5 News. Also in September 2016, the NYGC hosted its first Sequencing Informatics Workshop, which was organized by Michael Zody, PhD. Colleagues at our Institutional Founding Members, graduate students, postdocs, faculty and core and research laboratory staff learned the basics of sequence data alignment, data analysis and identifying somatic variations in cancer samples. Participants also learned how to read and understand common file formats and analyze RNA-seq data for expression and differential expression. In October 2016, the NYGC hosted its inaugural Single Cell Genomics Day: A Practical Workshop to provide researchers a basic overview of single cell sequencing. The event, organized by the NYGCs Rahul Satija, PhD, attracted 200 attendees from 30 academic and commercial institutions. The program focused on technology development, molecular protocols and computational analysis. In May 2016, the NYGC hosted our second annual New York Epigenomics Symposium. This day-long event, organized by NYGCs Will Liao, PhD, was attended by more than 160 people. It included sessions that explored recent discoveries, ongoing work and novel methods in the field of epigenomics.epigenomics. epigenomics.epigenomics. |
| Significant Changes to governing documents | Form 990, Part VI, Line 4: IN 2016, NYGC AMENDED ITS BYLAWS TO MODIFY THE BOARD'S COMMITTEE STRUCTURE, WHICH NOW INCLUDES THE FOLLOWING STANDING COMMITTEES OF THE BOARD: EXECUTIVE COMMITTEE, AUDIT COMMITTEE, COMPENSATION COMMITTEE, DEVELOPMENT COMMITTEE, FINANCE COMMITTEE, AND NOMINATING AND GOVERNANCE COMMITTEE. NOTE THAT PRIOR TO 2016, NYGC'S COMMITTEES INCLUDED A FINANCE AND AUDIT COMMITTEE, AND A COMPENSATION COMMITTEE. ORGANIZATION MEMBERS FORM 990, PART VI, SECTION A, LINE 6: As of December 31, 2016, the Center has a total of 18 members, consisting of 12 institutional founding members, five associate members, and one founding technology member. *THE INSTITUTIONAL FOUNDING MEMBERS ARE THE FOLLOWING RECOGNIZED ACADEMIC, MEDICAL AND RESEARCH INSTITUTIONS: (1) COLD SPRING HARBOR LABORATORY, (2) CORNELL UNIVERSITY/WEILL CORNELL MEDICAL COLLEGE, (3) THE JACKSON LABORATORY, (4) MEMORIAL SLOAN-KETTERING CANCER CENTER, (5) ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, (6) NEW YORK-PRESBYTERIAN HOSPITAL, (7) NEW YORK UNIVERSITY, (8) NORTHWELL HEALTH, (9) THE RESEARCH FOUNDATION OF STATE UNIVERSITY OF NEW YORK, ON BEHALF OF STONY BROOK UNIVERSITY, (10) THE ROCKEFELLER UNIVERSITY, (11) THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK, AND (12) ALBERT EINSTEIN COLLEGE OF MEDICINE *ASSOCIATE MEMBERS: (1) AMERICAN MUSEUM OF NATURAL HISTORY (2) HOSPITAL FOR SPECIAL SURGERY (3) THE NEW YORK STEM CELL FOUNDATION (4) ROSWELL PARK CANCER INSTITUTE (5) PRINCETON UNIVERSITY *TECHNOLOGY MEMBER: (1) INTERNATIONAL BUSINESS MACHINES (IBM) (1) INTERNATIONAL BUSINESS MACHINES (IBM) ORGANIZATION MEMBERS - DECISION MAKING FORM 990, PART VI, SECTION A, LINE 7A & 7B: EACH INSTITUTIONAL FOUNDING MEMBER APPOINTS ONE REPRESENTATIVE TO SERVE ON THE BOARD OF DIRECTORS. The Board of Directors also includes THE SCIENTIFIC DIRECTOR and other designated directors or individuals appointed by the board. DECISIONS REQUIRING BOARD APPROVAL INCLUDE the admission of new members, CHANGEs TO THE MISSION, CERTIFICATE OF INCORPORATION, AND BYLAWS, appointment or removal of the Chairperson of the Board and the Scientific Director, adoption of certain policies and procedures, etc. THE BOARD ALSO REVIEWS AND APPROVES THE ANNUAL OPERATING BUDGET. MANAGEMENT HAS THE ABILITY TO ENTER INTO BUSINESS ARRANGEMENTS AND CONTRACTS, INCLUDING FINANCING ARRANGEMENTS. |
| FORM 990 REVIEW | FORM 990, PART VI, SECTION B, LINE 11: THE FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM, UTILIZING INFORMATION PROVIDED BY MANAGEMENT. UPON RECEIPT OF THE DRAFT 990, MANAGEMENT, including the VP OF FINANCE, GENERAL COUNSEL, AND PRESIDENT, REVIEWS THE 990. PRIOR TO FILING, MANAGEMENT PRESENTS THE 990 TO THE AUDIT COMMITTEE FOR REVIEW AND COMMENT. ALSO PRIOR TO FILING, MANAGEMENT WILL PROVIDE THE 990 TO THE BOARD OF DIRECTORS. |
| CONFLICT OF INTEREST POLICY & REVIEW | FORM 990, PART VI, SECTION B, LINE 12C: NYGC REQUIRES ALL INTERESTED PERSONS (DEFINED AS BOARD MEMBERS, PRINCIPAL OFFICERS, OR MEMBERS OF A COMMITTEE IN WHICH THE BOARD HAS DELEGATED POWERS) TO DISCLOSE CONFLICTS OF INTEREST AS REQUIRED BY THE CONFLICT OF INTEREST POLICY. NYGC FOLLOWS A PROCEDURE FOR OBTAINING SUCH DISCLOSURES ANNUALLY. ANY POTENTIAL CONFLICTS OF INTEREST MUST BE REVIEWED BY THE BOARD. IF AN INTERESTED PERSON HAS A POTENTIAL CONFLICT OF INTEREST, HE OR SHE MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT CREATES THE POTENTIAL CONFLICT OF INTEREST. |
| COMPENSATION REVIEW AND APPROVAL | FORM 990, PART VI, SECTION B, LINE 15: For the organizations top management official, please refer to Schedule J narratives for process of determining compensation. For Robert Darnell, in 2012, the Board of Directors approved his consulting fee; in 2016, the Executive Compensation Committee approved an increase to his consulting fee. For all other officers and key employees, there were no merit increases or salary changes in 2016. NOTE THE COMPENSATION PAID TO NYGC'S SENIOR LEADERSHIP team WAS REVIEWED AND APPROVED IN THE PRIOR YEAR BY THE AD-HOC EXECUTIVE COMPENSATION COMMITTEE. THE MEMBERS OF THe COMMITTEE WERE INDEPENDENT MEMBERS OF NYGC'S BOARD OF DIRECTORS. THE COMMITTEE OBTAINED COMPARABILITY DATA FROM AN INDEPENDENT THIRD-PARTY PROVIDER (RADFORD SURVEYS) FOR ALL OF THE SENIOR LEADERSHIP POSITIONS, AND RELIED ON THIS INFORMATION IN DETERMINING THE REASONABLENESS OF COMPENSATION. THE COMMITTEE DOCUMENTED ITS DECISIONS REGARDING COMPENSATION IN WRITING. Further, NYGC hired an independent compensation consultant IN 2016 to review senior managements compensation; results of this review were provided to the Executive Compensation Committee in early 2017. |
| DOCUMENT DISCLOSURE | FORM 990, PART VI, SECTION C, LINE 19: NYGC'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. LOANS PAYABLE FORM 990, PART X, LINE 24, LINE 26 In 2011, eleven institutional founding members loaned $2.5 million each to NYGC, totaling $27.5 million. In 2013, a twelfth member joined the institutional founding members, loaning an additional $2.5 million to NYGC. Each of the twelve institutional founding members received a subordinated promissory note. Principal and interest were payable upon maturity. In March 2016, the 12 institutional founding members demonstrated their support for NYGC by forgiving the $30 million dollar loan and approximately $4 million of accrued interest and converted the total amount to a contribution to NYGC. |