2012-05-15T10:39:33-05:00 2011-06-30 PERELSON WEINER LLP ONE DAG HAMMARSKJOLD PLAZA NEW YORK NY 100172286 990 2010-07-01 680646771 TOURO UNIVERSITY COLLEGE OF MEDICINE INC TOUR 2124630400 27-33 WEST 23RD STREET NEW YORK NY 10010 RITA NG 2124630400 2012-05-11 1 RONALD G WEINER CPA 2126053100 2010 2016-02-24 21:20:13Z MELVIN NESS C/O TOURO COLLEGE 27-33 WEST 23RD STREET NEW YORK NY 10017 25840707 0 X WWW.TOURO.EDU X 2007 NJ TOURO UNIVERSITY COLLEGE OF MEDICINE'S PRIMARY PURPOSE IS TO DEVELOP AN AFFILIATE OF TOURO COLLEGE AND TOURO UNIVERSITY THAT OFFERS A FOUR YEAR PROGRAM LEADING TO A DOCTOR OF MEDICINE AND TO PERFORM MEDICAL RESEARCH. X 12 9 0 0 0 0 2750 0 0 0 2079 -18985452 749513 89783 754342 -18895669 0 0 0 0 169130 0 0 0 0 1786277 737592 1955407 737592 -1201065 -19633261 33498569 113823 59730603 35011739 -26232034 -34897916 TOURO UNIVERSITY COLLEGE OF MEDICINE'S PRIMARY PURPOSE IS TO DEVELOP AN AFFILIATE OF TOURO COLLEGE AND TOURO UNIVERSITY THAT OFFERS A FOUR YEAR PROGRAM LEADING TO A DOCTOR OF MEDICINE AND TO PERFORM MEDICAL RESEARCH. 0 0 0 0 0 EFFORTS ARE MADE DURING THE FISCAL YEAR TO DEVELOP AN AFFILIATE OF TOURO COLLEGE AND TOURO UNIVERSITY THAT OFFERS A FOUR YEAR PROGRAM LEADING TO A DOCTOR OF MEDICINE AND TO PERFORM MEDICAL RESEARCH. 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 12 9 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X STUART LIPPMAN CONTROLLER-TOURO CO 2124630400 27-33 WEST 23RD STREET NEW YORK NY 10010 X ABRAHAM BIDERMAN 0.00 X 0 0 0 JACK WEINREB 0.00 X 0 0 0 LAWRENCE PLATT 0.00 X 0 0 0 MARK HASTEN 0.00 X 0 0 0 MARTIN OLINER ESQ 0.00 X 0 0 0 MENACHEM GENACK 0.00 X 0 65567 587 SOLOMON GOLDFINGER 0.00 X 0 0 0 DAVID LICHTENSTEIN 0.00 X 0 0 0 STEVE ROSENBERG 0.00 X 0 0 0 RABBI DANIEL LANDER 0.00 X 0 178378 89127 DRBEN CHOUAKE 0.00 X 0 0 0 ALAN KADISH 1.00 X X 0 496019 88195 MELVIN NESS 0.00 X 0 254343 22048 FRANKLYN SNITOW 0.00 X 0 0 0 BERNARD LANDER 0.00 X 0 110501 10725 PAUL WALLACH 0.00 X 0 238503 42363 0 1343311 253045 0 1 1 0 ROSEMONT ASSOCIATES LLC PO BOX 216 ROSEMONT NJ 08556 LOBBYIST 120000 1 924 924 25750000 44736376 -18986376 -18986376 -18986376 RENTAL INCOME 532000 89783 89783 89783 -18895669 0 0 -18895669 79086 79086 120000 120000 62421 62421 8239 8239 467021 467021 PERMIT AND LICENSES 825 825 737592 0 737592 0 24934 20742 3060 26667 2891 397397 4444 66414 27541843 5524000 0 33498569 113823 923223 460808 58807380 34550931 59730603 35011739 X -26232034 -34897916 -26232034 -34897916 33498569 113823 X -19633261 10967379 X X 0 1 1 X 0 X 0 0 0 0 0 0 1 120000 0 1 120000 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: THE UNIVERSITY HIRED LOBBYISTS TO ASSIST IN OBTAINING APPROVAL FROM FEDERAL AND STATE AGENCIES TO CREATE MEDICAL SCHOOL AND RELATED FACILITIES IN NEW JERSEY. 0 DUE TO AFFILIATES 34550931 34550931 -18895669 737592 -19633261 10967379 10967379 -8665882 90707 0 90707 -18986376 -18986376 -18895669 8756589 8018997 8018997 737592 0 737592 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: PART X, LINE 2- ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS. THE COLLEGE BELIEVES THAT IT HAS THE APPROPRIATE SUPPORT FOR TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSSES ON ASSETS SOLD -8,018,997. PRIOR YEAR UNREALIZED LOSS ON IMPAIRMENT OF ASSETS REALIZED THIS YEAR -10,967,379. PART XIII, LINE 2D - OTHER ADJUSTMENTS: LOSSES ON ASSETS SOLD 8,018,997. PART XI, LINE 8 - OTHER: PRIOR YEAR UNREALIZED LOSS ON IMPAIREMENT OF ASSETS REALIZED THIS YEAR. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 BROCHURES AND CATALOGS WILL BE DISTRIBUTED TO STUDENTS AND RECRUITMENT ADVERTISEMENTS IN JOURNALS, NEWSPAPERS, TV AND RADIO WILL CONTAIN STATEMENTS WITH RESPECT TO TOURO UNIVERSITY AND COLLEGE'S RACIALLY NONDISCRIMINATORY POLICY. X X X X 0 0 0 0 0 0 0 0 0 RABBI DANIEL LANDER 0 178378 0 0 0 0 0 0 0 89127 0 267505 0 0 ALAN KADISH 0 496019 0 0 0 0 0 0 0 88195 0 584214 0 0 MELVIN NESS 0 254343 0 0 0 0 0 0 0 22048 0 276391 0 0 BERNARD LANDER 0 110501 0 0 0 0 0 0 0 10725 0 121226 0 0 PAUL WALLACH 0 238503 0 0 0 0 0 0 0 42363 0 280866 0 0 LAND AND BUILDING IN HASBROUCK HEIGHTS, NEW JERSEY PREVIOUSLY CLASSIFIED AS ASSETS HELD FOR SALE. 2011-03-01 4750000 SALES PRICE 275379041 377 LASALLE GROUP LLC 393 ROUTE 17 SOUTH PARAMUS NJ 07652 LLC JOINT VENTURE INTEREST IN PASCACK VALLEY HOSPITAL PROPERTY 2011-02-01 21000000 SALES PRICE 221487576 HACKENSACK UNIVERSITY MEDICAL CENTER 30 PROSPECT AVENUE HACKENSACK NJ 07601 SEC. 501(C)(3) 0 0 0 0 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 BOARD OF THE ORGANIZATION REVIEW FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ANNUAL BOARD QUESTIONNAIRE, THAT REQUIRES DISCLOSURE OF CONFLICT 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 CONSIDER COMPENSATION TRENDS IN THE INDUSTRY, QUALIFICATION AND OTHER MERITS OF THE CANDIDATES IN DECIDING COMPENSATION AND OTHER EMPLOYEE BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND RELATED INFORMATION IS MADE AVAILABLE TO THE PUBLIC, HOWEVER, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE PUBLIC. HOURS FOR RELATED ORGANIZATION: FORM 990,PART VII, SECTION A, LINE 1A, COLUMN B: RABBI DANIEL LANDER - 8 HOURS PER WEEK AT TOURO COLLEGE AS TRUSTEE AND VICE PRESIDENT AND 27 HOURS PER WEEK AT YESHIVAS OHR HACHAIM. MENACHEM GENACK WORKED FOR 35 HOURS AT YESHIVAS OHR HACHAIM. REMAINING OFFICERS SPENT 35 HOURS PER WEEK AT TOURO COLLEGE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR YEAR UNREALIZED LOSSES ON IMPAIRMENT OF ASSETS REALIZED 10,967,379. TOTAL TO FORM 990, PART XI, LINE 5: 10,967,379. FINANCIAL STATEMENTS AND REPORTING: FORM 990,PART XII, LINE 2C: NO CHANGE IN OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. TOURO COLLEGE C/O MR MELVIN NESS 27 WEST 23RD ST NEW YORK NY 10010 132676570 EDUCATION NY 501(C)3 LINE 2 0 TOURO UNIVERSITY - CALIFORNIA C/O MR MELVIN NESS 27 WEST 23RD ST NEW YORK NY 10010 133838740 EDUCATION CA 501(C)3 LINE 2 0 TOURO UNIVERSITY - NEVADA C/O MR MELVIN NESS 27 WEST 23RD ST NEW YORK NY 10010 200363127 EDUCATION NV 501(C)3 LINE 2 0 YESHIVAS OHR HACHAIM C/O MR MELVIN NESS 27 WEST 23RD ST NEW YORK NY 10010 112808947 EDUCATION NY 501(C)3 LINE 2 0 RABBI DOV REVEL YESHIVA OF FOREST HILLS C/O MR MELVIN NESS 27 WEST 23RD ST NEW YORK NY 10010 111681674 EDUCATION NY 501(C)3 LINE 2 0 TOURO COLLEGE FOUNDATION FOR JEWISH STUDIES C/O MR MELVIN NESS 27 WEST 23RD ST NEW YORK NY 10010 133639225 EDUCATION NY 501(C)3 LINE 2 0 NYMC LLC C/O MR MELVIN NESS 27 WEST 23RD ST NEW YORK NY 10010 271481147 TO ASSIST TOURO COLLEGE IN THE PURCHASE OF NYMC DE 501(C)3 LINE 7 TOURO COLLEGE 1 NEW YORK MEDICAL COLLEGE 40 SUNSHINE COTTAGE ROAD VALHALLA NY 10595 131099420 EDUCATION NY 501(C)3 LINE 2 NYMC LLC 1 THE PARTNER FOR A HEALTHY POPULATION C/O NYMC 40 SUNSHINE COTTAGE ROAD VALHALLA NY 10595 134038993 HEALTH RELATED STUDIES AND EDUCATION NY 501(C)(3) LINE 9 NEW YORK MEDICAL COLLEGE 1 HUMCTOURO LLC 19 MAIN ST HACKENSACK NJ 07601 261844522 HOLDING REAL ESTATE NJ N/A RENT 0 0 TOURO SPEECH & REHAB C/O TOURO COLLEGE 27 WEST 23RD STRE NEW YORK NY 10010 134180235 INACTIVE NY N/A C TOURO FOUNDATION CORPORATION C/O TOURO COLLEGE 27 WEST 23RD STRE NEW YORK NY 10010 134014618 INACTIVE NY N/A C TOURO UNIVERSITY FOUNDATION C/O TOURO COLLEGE 27 WEST 23RD STRE NEW YORK NY 10010 943318585 INACTIVE CA N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 TOURO COLLEGE D 35665000 PRINCIPAL REMAINING ON BONDS TOURO COLLEGE Q 24256449 CASH TRANSFERRED