2014-05-15T15:07:37-05:00 2013-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2012-07-01 133838740 TOURO UNIVERSITY C/O MELVIN M NESS % STUART LIPPMAN TOUR 2124630400 27-33 WEST 23RD STREET Suite New York NY 10010 MELVIN NESS 2124630400 2014-05-14 true 2127589700 2012 2015-11-30 17:44:51Z MELVIN NESS 27-33 WEST 23RD STREET NEW YORK NY 10010 58435069 false X www.tu.edu,www.touro.edu,www.tuw.edu X 1995 CA SEE SCHEDULE O 15 8 580 0 0 0 2275556 2068982 50493085 54620458 1093663 335005 172528 180622 54034832 57205067 1104712 100081894 0 0 27963920 28868143 0 0 221692 19891561 20601120 48960193 149551157 5074639 -92346090 161845984 68715773 32123131 31250995 129722853 37464778 X SEE SCHEDULE O false false 45089456 81894 56689440 TOURO UNIVERSITY, A CALIFORNIA CORPORATION (TU), HAS TWO DIVISIONS: TOURO UNIVERSITY CALIFORNIA (TUC) AND TOURO UNIVERSITY WORLDWIDE (TUW). TUC INCLUDES A COLLEGE OF OSTEOPATHIC MEDICINE, A COLLEGE OF PHARMACY AND A COLLEGE OF EDUCATION AND HEALTH SCIENCES. TUW OPERATES A DISTANCE-LEARNING UNIT OFFERING BACHELOR AND MASTERS DEGREES, AND IT HAS UNDERGRADUATE PROGRAMS OFFERED BY TOURO COLLEGE LOS ANGELES (TCLA) OFFERING BACHELOR DEGREES IN BUSINESS MANAGEMENT AND ADMINISTRATION AND PSYCHOLOGY. DURING THIS FISCAL YEAR TOURO UNIVERSITY GRANTED THE FOLLOWING ACADEMIC DEGREES: UNDERGRADUATE (22); GRADUATE (184); AND DOCTORAL OR FIRST PROFESSIONAL (229). 100000000 100000000 ACADEMIC SUPPORT: Touro College has provided academic support and administrative support to Touro University since inception. FROM TIME TO TIME TOURO UNIVERSITY PROVIDES SUPPORT FOR ACADEMIC PROGRAMS OF TOURO COLLEGE. DURING THIS REPORTING YEAR, THE BOARD OF TOURO UNIVERSITY VOTED TO FORGIVE A PORTION OF THE RECEIVABLE FROM TOURO COLLEGE THAT HAD ARISEN OVER THE YEARS IN THE CONTEXT OF ACADEMIC SUPPORT AND THAT FORGIVENESS IS REPORTED AS A GRANT TO TOURO COLLEGE. 145089456 true true false true false false false true false false true false false true true true true true true false true false false false false false false true true true true false false false false false false false false false false false false false false false true false false false true 235 0 true 580 true false false false false false false false false false false X 15 8 false false false false true true false true true false false true true true true true true true true false X STUART LIPPMAN 2124630400 27-33 WEST 23RD STREET NEW YORK NY 10010 X Abraham Biderman 0.75 2.25 X 0 0 0 Ben Chouake 0.1 7.9 X 0 0 0 Allen Fagin 1.0 4.0 X 0 0 0 Menachem Genack 1.0 7.0 X 0 73063 1919 Solomon Goldfinger 0.25 1.25 X 0 0 0 Mark Hasten 1.0 24.1 X 0 0 0 Alan Kadish 4.0 51.0 X X 0 521928 130271 Leah Karfunkel 0.1 0.5 X 0 0 0 Daniel Lander 1.0 36.0 X X 0 204446 149727 David Lichtenstein 0.1 1.0 X 0 0 0 Martin Oliner 0.5 2.5 X 0 0 0 Lawrence Platt 0.5 2.5 X 0 0 0 STEPHEN ROSENBERG 0.1 0.9 X 0 0 0 ZVI RYZMAN 0.5 X 0 0 0 Jack Weinreb 0.1 0.5 X 0 0 0 Michael Harter 10.0 28.0 X 0 320401 17684 Marilyn Hopkins 46.0 4.0 X 262168 0 15100 Bernard Luskin 35.0 0.0 X 230524 0 6424 Melvin Ness 5.0 40.0 X 0 267524 38321 Alan Schoor 1.0 47.0 X 0 218019 71286 Franklin Snitow 0.25 1.25 X 0 0 0 Michael Clearfield 50.0 0.0 X 373679 0 17458 Katherine Knapp 38.0 0.0 X 243974 0 21985 Edith Neumann 38.0 0.0 X 100000 0 2202 Yoram Neumann 38.0 0.0 X 100000 0 2202 Juancarlos Buller 40.0 0.0 X 203458 0 2247 John C Glover 55.0 0.0 X 179597 0 11472 Gregg Lund 65.0 0.0 X 177672 0 11048 James O'Connor 52.0 0.0 X 167817 0 16364 ABRAHAM PERA 40.0 0.0 X 190392 0 31591 2229281 1605381 547301 62 false true false DOCTORS MEDICAL CENTER 2000 VALE ROAD SAN PABLO CA 94806 MEDICAL SERVICES 100050 RUNYON SALTZMAN EINHORN INC ONE CAPITOL MALL STE 400 SACRAMENTO CA 95814 ADVERTISING 251798 SHARP HEALTHCARE 8695 SPECTRUM CENTER BLVD SAN DIEGO CA 92123 ROTATIONS 114300 PERMANENTE MEDICAL GROUP INC 1950 FRANKLIN ST 18TH FL BAYSIDE OAKLAND CA 94612 Medical Services 200000 SYSCO FOOD SERVICES OF SAN FRANCISC PO BOX 5019 FREMONT CA 94537 Catering 112655 16 1812871 256111 2068982 STUDENT TUITION/ FEES 611600 53199179 53199179 MEDICAL CLINIC 621400 1421279 1421279 54620458 370287 370287 0 0 0 0 0 1194720 1230002 -35282 -35282 -35282 0 0 0 0 CAFETERIA INCOME 722210 168016 168016 OTHER INCOME 900004 12606 12606 180622 57205067 54620458 0 515627 100001000 100001000 80894 80894 0 0 265432 240941 23092 1399 0 24400607 22149236 2122797 128574 572083 519299 49770 3014 1997365 1813074 173766 10525 1632656 1482016 142037 8603 0 55541 50416 4832 293 0 30000 27232 2610 158 0 0 359997 326781 31319 1897 255651 232063 22241 1347 1164943 914703 245787 4453 561019 509256 48807 2956 0 2011901 1826269 175031 10601 520267 472264 45262 2741 0 137506 124818 11963 725 407551 407551 0 876137 795298 76222 4617 100993 91675 8786 532 SHARED COSTS 6300001 5718718 548086 33197 EDUCATIONAL PROGRAMS EXPENSE 3234343 3234343 STUDENT ACTIVITIES 2221380 2221380 STUDENT RECRUITMENT 497040 497040 1866850 1760740 100050 6060 149551157 145089456 4240009 221692 3788606 8951376 0 0 0 0 8286220 1413581 0 0 0 0 0 0 0 0 1121340 1273981 30177649 5351760 23402455 24825889 13062084 19665464 2780598 2812063 6600 3400 0 0 109398081 9770019 161845984 68715773 5808480 5087778 0 0 5165158 5705242 20330000 19955000 0 0 0 0 798500 492795 0 0 20993 10180 32123131 31250995 X 129659283 37395003 63570 69775 0 0 129722853 37464778 161845984 68715773 X -92346090 69015 19000 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 30000 false false 30000 false PART II-B, LINE 1(I) OTHER LOBBYING ACTIVITIES: THE UNIVERSITY HIRED A LOBBYIST TO ASSIST IN OBTAINING GRANTS FROM FEDERAL AND STATE AGENCIES. THE GRANTS FINANCED THE ADDITION TO AND RENOVATION OF THE MEDICAL SCHOOL AND RESEARCH PROJECTS. ALSO, THE UNIVERSITY OR ITS REPRESENTATIVES MAY MEET WITH LEGISLATORS TO DISCUSS CERTAIN GRANTS. X X false 7437251 7437251 17154448 1187697 15966751 3445372 2758635 686737 2140578 1405428 735150 24825889 SECURITY DEPOSITS 56236 OTHER RECEIVABLE 803464 DUE FROM AFFLIATE - NET 8910319 9770019 0 DEFERRED RENT & OTHER LIABILITIES 10180 10180 X 57274082 69015 69015 57205067 57205067 49532157 49532157 100019000 100019000 149551157 Part III lines 1A ARTWORK IS USED TO BEAUTIFY THE FACILITIES TO ENHANCE STUDENT AND FACULTY ACCEPTANCE OF THEIR SURROUNDINGS. PART X, LINE 2- ORGANIZATIONS LIABILITY FOR UNCERTAIN TAX POSITIONS THE UNIVERSITY 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, 2013 AND 2012, THE UNIVERSITY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ANY UNRELATED BUSINESS INCOME TAX LIABILITY, WHICH WOULD HAVE A MATERIAL IMPACT UPON ITS FINANCIAL STATEMENTS. PART XII, LINE 4B ACADEMIC SUPPORT FOR TOURO COLLEGE $100,000,000 STUDENT LOANS $19,000 ------------- TOTAL $100,019,000 During the year ended June 30, 2013, the Board of Trustees of the University agreed to forgive $100,000,000 of the receivable due from the College that the University had advanced to the College in prior years. This forgiveness is reflected in the 2013 statement of activities, in the audited financial statments, as a nonoperating activity. true true true true true true true false false false false false false false false true false true SCH E PART 1 #1-3 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 UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY. SCHEDULE E, LINE 6A EXPLANATION OF GOVERNMENT FINANCIAL AID: UNIVERSITY REPORTED GOVERNMENT CONTRIBUTIONS (GRANTS) OF $1,812,871. ALSO, STUDENTS ATTENDING THE UNIVERSITY MAY BE ELIGIBLE FOR FEDERAL FINANCIAL AID INCLUDING STUDENT LOANS. ADDITIONALLY, THE UNIVERSITY RECEIVED GRANTS FROM THE GOVERNMENT FOR RESEARCH AND FACILITY IMPROVEMENTS. false false false true false false true TOURO COLLEGE 27-33 WEST 23RD STREET NEW YORK NY 10010 132676570 501(C)(3) 100000000 book deemed grant RECEIVABLE 1 Faculty Research Assistant Salary 36 13894 Student Stipends 44 48000 STUDENT LOANS 8 19000 SCHEDULE I, PART I, LINE 2 THE UNIVERSITY 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 UNIVERSITY GUIDELINES. SCHEDULE I, PART II, Line 1 Since its inception, Touro University received academic support from Touro College. More recently, Touro University loaned a portion of its earned surplus to Touro College which was recorded as an intercompany receivable. DURING THIS REPORTING YEAR, THE BOARD OF TOURO UNIVERSITY VOTED TO FORGIVE A PORTION OF THE RECEIVABLE FROM TOURO COLLEGE THAT HAD ARISEN OVER THE YEARS IN THE CONTEXT OF ACADEMIC SUPPORT AND THAT FORGIVENESS IS REPORTED AS A GRANT TO TOURO COLLEGE. X X false true X X false false false false false false false false Juancarlos Buller 203300 0 0 0 158 0 0 0 2247 0 205705 0 0 0 Michael Clearfield 372095 0 0 0 1584 0 12500 0 4958 0 391137 0 0 0 John C Glover 178615 0 0 0 982 0 8688 0 2784 0 191069 0 0 0 Michael Harter 0 315457 0 0 0 4944 0 12500 0 5184 0 338085 0 0 Marilyn Hopkins 260584 0 0 0 1584 0 12500 0 2600 0 277268 0 0 0 Alan Kadish 0 517410 0 0 0 4518 0 12500 0 117771 0 652199 0 0 Katherine Knapp 241053 0 0 0 2921 0 0 0 9885 0 253859 0 0 0 Daniel Lander 0 203620 0 0 0 826 0 10073 0 139654 0 354173 0 0 Gregg Lund 176994 0 0 0 678 0 4950 0 6098 0 188720 0 0 0 Bernard Luskin 229041 0 0 0 1483 0 0 0 6424 0 236948 0 0 0 Melvin Ness 0 262301 0 0 0 5223 0 12500 0 25821 0 305845 0 0 James O'Connor 166090 0 0 0 1727 0 9579 0 6785 0 184181 0 0 0 ABRAHAM PERA 189352 0 0 0 1040 0 0 0 0 0 190392 0 0 0 Alan Schoor 0 214195 0 0 0 3824 0 11346 0 59940 0 289305 0 0 Part 1 Line 1A AN OFFICER OF THE UNIVERSITY IS PROVIDED WITH UPGRADED TRAVEL ON CERTAIN BUSINESS TRIPS. Part 1 Line 1B THE BENEFITS PROVIDED TO THE PRESIDENT ARE APPROVED BY THE BOARD. BENEFITS PROVIDED TO THE OFFICERS ARE APPROVED BY THE PRESIDENT. PART II, COLUMN D NONTAXABLE BENEFITS, AS APPLICABLE, INCLUDE QUALIFIED TUITION REDUCTION, PARSONAGE ALLOWANCES AND QUALIFIED BENEFITS UNDER TOURO COLLEGE'S CAFETERIA PLAN. A CALIFORNIA MUNICIPAL FIN AUTH SERIES 2011 BOND 201563466 13048THH9 2010-12-01 20690000 REFunding EXISTING CERTS OF PARTIC false false false A 0 0 20690000 568464 0 0 364010 104981 0 20690000 140245 0 2010 true false true true A false false true false true false 0 false false true A false false false true false 0 false 0 false false A false Part III, line 3 0 Part 3 #3A: Because the Private Business Use of Bond Financed Property is less than 5% we have not done an analysis of the private use. Part III, line 7: As provided in Treasury Regulation Section FORM 990, PART I, LINE 1 DESCRIPTION OF ORGANIZATION MISSION: THE UNIVERSITY'S OPERATIONS CONSISTS OF TOURO UNIVERSITY CALIFORNIA (TUC), LOCATED IN VALLEJO, CA, WHICH OFFERS DEGREES IN OSTEOPATHIC MEDICINE AND PHARMACY AND VARIOUS MASTERS DEGREES, AND TOURO UNIVERSITY WORLDWIDE WHICH OPERATES A DISTANCE LEARNING UNIT OFFERING BACHELOR AND MASTERS DEGREES AND, THROUGH TOURO COLLEGE LOS ANGELES, OFFERS BACHELOR DEGREES IN BUSINESS MANAGEMENT AND ADMINISTRATION, and PSYCHOLOGY. FORM 990, PART III, LINE 1 DESCRIPTION OF ORGANIZATION MISSION: THE UNIVERSITY'S OPERATIONS CONSISTS OF TOURO UNIVERSITY CALIFORNIA (TUC), LOCATED IN VALLEJO, CA, WHICH OFFERS DEGREES IN OSTEOPATHIC MEDICINE AND PHARMACY AND VARIOUS MASTERS DEGREES, AND TOURO UNIVERSITY WORLDWIDE WHICH OPERATES A DISTANCE LEARNING UNIT OFFERING BACHELOR AND MASTERS DEGREES AND, THROUGH TOURO COLLEGE LOS ANGELES, OFFERS BACHELOR DEGREES IN BUSINESS MANAGEMENT AND ADMINISTRATION, and PSYCHOLOGY. FORM 990, PART VI, SECTION A, LINE 6: TOURO COLLEGE IS THE SOLE MEMBER OF THE FILING ENTITY. FORM 990, PART VI, SECTION A, LINE 7A: TOURO COLLEGE IS THE SOLE MEMBER OF THE FILING ENTITY. FORM 990, PART VI, SECTION B, LINE 11 CONTROLLER, AUDITORS, OFFICERS AND THE AUDIT COMMITTEE OF THE BOARD OF THE ORGANIZATION REVIEW THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ANNUAL BOARD QUESTIONNAIRE, WHICH REQUIRES DISCLOSURE OF INTEREST AND OTHER DETAILS, IS CIRCULATED TO ALL OF THE BOARD MEMBERS AND IS REVIEWED BY IN-HOUSE COUNSEL. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD AND OFFICERS, WHO ARE FREE OF ANY CONFLICT, APPROVE EXECUTIVE HIRING DECISIONS. IN MAKING COMPENSATION DETERMINATIONS, THE BOARD CONSIDERS EXPERT REPORTS AND COMPENSATION TRENDS IN THE INDUSTRY, QUALIFICATIONS AND OTHER MERITS OF THE CANDIDATES IN DECIDING COMPENSATION AND OTHER EMPLOYEE BENEFITS. ALL SUCH BOARD DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND RELATED INFORMATION ARE MADE AVAILABLE TO THE PUBLIC, CERTAIN GOVERNING POLICIES ARE INCLUDED IN TOURO COLLEGE; HOWEVER, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE PUBLIC. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: STUDENT LOANS $19,000 ------------ TOTAL TO FORM 990, PART XI, LINE 9 $19,000 ============ Touro College C/O MELVIN NESS 27 W 23RD ST New York NY 10010 132676570 Education NY 501(C)(3) Line 2 NA false Touro University Nevada C/O MELVIN NESS 27 W 23RD ST New York NY 10010 200362127 Education NV 501(C)(3) Line 2 TOURO COLL true Touro University College of Medicine In C/O MELVIN NESS 27 W 23RD ST New York NY 10010 680646771 Education NJ 501(C)(3) Line 2 TOURO COLL true Yeshivas Ohr Hachaim C/O MELVIN NESS 27 W 23RD ST New York NY 10010 112808947 Education NY 501(C)(3) line 2 TOURO COLL true Rabbi Dov Revel Yeshiva of Forest Hills C/O MELVIN NESS 27 W 23RD ST New York NY 10010 111681674 Education NY 501(C)(3) line 2 TOURO COLL true Touro College Foundation for Jewish Stud C/O MELVIN NESS 27 W 23RD ST NEW YORK NY 10010 133639225 education NY 501(C)(3) LINE 2 TOURO COLL true NYMC LLC C/O MELVIN NESS 27 W 23RD ST New York NY 10010 271481147 HOLDING CO DE 501(C)(3) Line 7 TOURO COLL true New York Medical College 40 Sunshine Cottage Road Valhalla NY 10595 131099420 Education NY 501(C)(3) Line 2 NYMC LLC true Partnership for a Healthly Population C/O TOURO COLLEGE 27-33 W 23RD ST NEW YORK NY 10010 134038993 education NY 501(C)(3) Line 9 TOURO COL true Touro Speech & rehab 27 West 23rd Street New York NY 10010 134180235 Inactive NY na C Corp 0 0 1.00000 true Touro Foundation Corporation 27 West 23rd Street New York NY 10010 134014618 Inactive NY NA C Corp 0 0 1.00000 true Touro University Foundation 27 West 23rd Street New York NY 10010 943318585 Inactive CA NA C Corp 0 0 1.00000 true false true false true true false false false false false false false false false false true false true false Touro University Nevada d 32780544 PRINCIPAL REMAI Touro College p 6300000 CASH TRANSFERRE Touro University Nevada e 19955000 PRINCIPAL REMAI Touro College r 576556 CASH TRANSFERRE Touro College b 100000000 Deemed Grant