2011-05-11T12:14:53-05:00 2010-06-30 RSM MCGLADREY INC 1185 AVENUE OF THE AMERICAS NEW YORK NY 100362602 990 2009-07-01 131632522 NEW YORK COLLEGE OF PODIATRIC MEDICINE NEWY 2124108100 53 EAST 124TH STREET NEW YORK NY 10035 GREG ONAIFO 2124108100 2011-05-11 1 Nathan SZERLIP 2123721000 2009 2016-02-24 21:20:13Z LOUIS L LEVINE 53 EAST 124TH STREET NEW YORK NY 10035 21810651 0 X WWW.NYCPM.EDU X 1911 NY NEW YORK COLLEGE OF PODIATRIC MEDICINE PROVIDES TRAINING AND EDUCATION TO MEDICAL STUDENTS IN PODIATRIC MEDICINE. 11 10 317 0 0 0 858387 1089932 11320806 11318854 756375 1066791 -11444 558068 12924124 14033645 567087 183001 0 7017379 7479578 0 0 7545569 8273520 15130035 15936099 -2205911 -1902454 52475216 50622651 12695269 12275531 39779947 38347120 IT IS THE COLLEGE'S MISSION TO PROVIDE STUDENTS SEEKING CAREERS AS DOCTORS OF PODIATRIC MEDICINE, A COMPREHENSIVE MEDICAL EDUCATION PROGRAM, SPECIALIZING IN THE MEDICAL AND SURGICAL DISEASES AND THEIR LOWER EXTREMITY MANIFESTATIONS. THE COLLEGE WILL THUS PREPARE THESE STUDENTS FOR LICENSURE, ENTRY INTO GRADUATE MEDICAL EDUCATION AND ULTIMATELY PRACTICE. FURTHERMORE, IT IS THE COLLEGE'S MISSION TO PROMOTE STATE-OF-THE-ART PATIENT CARE IN AFFILIATED FACILITIES, AND TO PURSUE RESEARCH TO CONTINOUSLY ADVANCE THE ART AND SCIENCE OF PODIATRIC MEDICINE. 0 0 10718828 183001 11318854 NEW YORK COLLEGE OF PODIATRIC MEDICINE PROVIDES TRAINING AND EDUCATION TO MEDICAL STUDENTS IN PODIATRIC MEDICINE. THE COLLEGE HAD 360 STUDENTS IN 2010. 10718828 1 1 0 0 0 0 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 106 0 1 317 1 0 1 CJ 0 0 0 0 0 0 0 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X GREG ONAIFO 2124108044 53 124th STREET NEW YORK NY 10035 MAJOR GENERAL WILLIAM F WARD 0.30 X X 0 0 0 STANLEY S MANDEL 0.30 X X 0 0 0 LOUIS L LEVINE 40.00 X X 260000 0 26859 KEITH A GREATHOUSE 0.30 X X 0 0 0 PAUL TUCCI MD 0.30 X 0 0 0 EUGENE WEBB 0.30 X X 0 0 0 SUSHEEL BATHLA 0.30 X 0 0 0 BOB BILLER 0.30 X 0 0 0 GABRIEL P CAPRIO 0.30 X 0 0 0 PETER J NORTON 0.30 X 0 0 0 ROCK G POSITANO 0.30 X 0 0 0 HALINA M SEMLA-PULASKI 0.30 X 0 0 0 KEVIN JULES 40.00 X X 121000 0 24820 WILLIAM S SIGLER 40.00 X 175000 0 11468 JOSEPH R ERAZO 40.00 X 130000 0 3900 JOEL STURM 40.00 X 122644 0 17514 MICHAEL TREPAL 40.00 X 150435 0 27764 RICHARD BEECHER 40.00 X 125208 0 16476 WILLIAM GRAHAM 40.00 X 115000 0 7759 1199287 0 136560 8 0 1 0 CARRIER CCS DIVISION 450 WEST 33RD STREET 2ND FLOOR NEW YORK NY 10001 CONSTRUCTION 2621012 APA RESTORATION CORPORATION 43 - 20 54TH ROAD MASPETH NY 11378 CONSTRUCTION 370883 US SECURITY ASSOCIATES INC PO BOX 931703 ATLANTA GA 31193 SECURITY 348349 US PORTERS 555 PREAKNESS AVENUE TOTOWA NJ 07502 CLEANING 301383 ICS BUILDERS INC 8 WEST 36TH STREET 4TH FLOOR NEW YORK NY 10018 CONSTRUCTION 123486 5 421556 668376 1089932 TUITION AND FEES 900099 9239484 9239484 residency lectures 900099 940188 940188 clinic service 900099 625854 625854 RESIDENCY PROGRAM 900099 368302 368302 CONTINUING EDUCATION 900099 141717 141717 3309 3309 11318854 1030720 1030720 40059 40277 -218 -218 -218 7772800 7736729 36071 36071 36071 PODIA 900099 299743 299743 MANAGEMENT FEES FOR PE 900099 169216 169216 PARKING LOT REVENUE 900099 59746 59746 29581 29581 558286 14033645 11318854 0 1624859 183001 183001 378115 306273 71842 5548811 4494537 1054274 299791 242831 56960 783994 635035 148959 468867 379782 89085 30358 24590 5768 55612 55612 442043 358055 83988 31349 25393 5956 418885 338373 80512 1194038 967171 226867 104912 84979 19933 12451 10085 2366 429295 347729 81566 284759 230655 54104 RESERVE OF DUE FROM AFF 2842007 2842007 STUDENT CLINICAL SERVIC 456767 456767 EQUIPMENT RENTAL 378531 306610 71921 MISCELLANEOUS 328757 263109 65648 SECURITY 307661 249205 58456 956095 814648 141447 15936099 10718828 5217271 0 2804130 765969 31725289 404120 5351182 5681464 134843 503 18547 18821641 11416560 4204876 7405081 5442499 33222901 2693540 2993283 100310 149330 52475216 50622651 2664738 2059357 2201450 937093 7829081 9279081 12695269 12275531 X 38102062 37049745 1488571 1108061 189314 189314 39779947 38347120 52475216 50622651 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 541826 65500 31491 74098 564719 572288 500 -17043 13919 541826 0.35000 0.65000 0 0 236166 236166 12322484 5937642 6384842 2281977 2270185 11792 3981014 3208733 772281 7405081 INVESTMENT IN PODIA (WHOLLY OWNED SUBSIDIARY) 2993283 F 2993283 REFUNDABLE LOAN PROGRAM 4279081 LINE OF CREDIT 5000000 9279081 14033645 15936099 -1902454 469627 469627 -1432827 14544944 469627 41672 511299 14033645 0 14033645 15977771 41672 41672 15936099 0 15936099 Part V, Line 4: Description of Intended Use of Endowment Funds: THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 21 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. FIN 48 FINANCIAL STATEMENT FOOTNOTE: MANAGEMENT HAS EVALUATED THE COLLEGE'S TAX POSITIONS AND CONCLUDED THAT THE COLLEGE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THESE FINANCIAL STATEMENTS. THE COLLEGE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2007, WHICH IS THE STANDARD STATUTE OF LIMITATION LOOK-BACK PERIOD. PART XII, LINE 2D: RENTAL OF FACILITIES $40,277 REVENEUS AND ELIMINATIONS INCLUDED ON FS $1,395 PART XIII, LINE 2D: RENTAL OF FACILITIES $40,277 EXPENSES AND ELIMINATIONS INCLUDED ON COMBINED FS $1,395 1 1 1 It is the college's mission to provide students seeking careers as doctors of podiatric medicine, a comprehensive medical education program specializing in the medical and surgical diseases and their lower extremity manifestations. the college will thus prepare these students for licensure, entry into graduate medical education and ultimately practice. Furthermore, it is the college's mission to promote state-of- the-art patient care in affiliated facilities, and to pursue research to continously advance the art and science of podiatric medicine. the college has approximately 310 full- time students. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 HIGHER INSTITUTION APPROPRIATIONS FROM THE STATE OF NEW YORK. 1 Central America and the Caribbean INVESTMENTS 0 0 0 1 MERIT BASED SCHOLARSHIPS 124 183001 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: THE COLLEGE AWARDS MERIT-BASED SCHOLARSHIPS TO INCOMING FRESHMEN AS WELL AS CONTINUING STUDENTS. SCHOLARSHIPS AWARDED TO FRESHMEN ARE DETERMINED BY THE ADMISSIONS COMMITTEE. ELIGIBILITY FOR THESE SCHOLARSHIPS IS DETERMINED THROUGH A COMBINATION OF UNDERGRADUATE CUMULATIVE SCIENCE GPA, RANKING OF THE COLLEGE ATTENDED AND THE SCORE ACHIEVED ON THE MCAT, A STANDARDIZED MEDICAL SCHOOL ADMISSIONS TEST. FOR CONTINUING STUDENTS, THE TOP FIVE STUDENTS WITH A CUMULATIVE GPA OF 3.7 OR HIGHER FOR EACH GRADE, 2ND, 3RD AND 4TH YEAR STUDENTS RECEIVE THESE SCHOLARSHIPS. X X X X X 0 0 0 0 0 0 0 0 0 LOUIS L LEVINE 260000 0 0 0 0 0 26000 0 859 0 286859 0 0 0 WILLIAM S SIGLER 175000 0 0 0 0 0 1313 0 10155 0 186468 0 0 0 MICHAEL TREPAL 150435 0 0 0 0 0 15044 0 12720 0 178199 0 0 0 Form 990, Part VI, Section B, line 11 THE 990 IS REVIEWED BY THE ASSISTANT VICE PRESIDENT OF FINANCE, VICE PRESIDENT OF FINANCE AND THE PRESIDENT & CHIEF EXECUTIVE OFFICER. THE FINAL COPY OF THE 990 IS DISTRIBUTED TO MEMBERS OF THE BOARD OF TRUSTEES BEFORE THE FILING. Form 990, Part VI, Section B, line 12c THE CONFLICT OF INTEREST POLICY IS SIGNED BY ALL MEMBERS OF THE BOARD, OFFICERS AND KEY EMPLOYEES. MEMBERS OF THE BOARD OF TRUSTEES SIGN AT THE BEGINNING OF THEIR TENURE, AND AT OTHER TIMES THE MANAGEMENT DEEMS NECESSARY. OFFICERS, KEY EMPLOYEES AND OTHERS SIGN THE CONFLICT OF INTEREST POLICY AT THE INITIAL HIRING PROCESS, UPON ORIENTATION. THE CONFLICT OF INTEREST FORM CONSISTS OF FOUR BASIC QUESTIONS WITH THE INSTRUCTION TO ELABORATE SHOULD ANY RESPONSE YIELD A POSITIVE ANSWER. SHOULD ANY OF THE RESPONSES POSE A POTENTIAL PROBLEM; THE MANAGER OF HUMAN RESOURCES WILL IMMEDIATELY INFORM THE VICE PRESIDENT OF ADMINISTRATION. THE VICE PRESIDENT OF ADMINISTRATION WILL TAKE ONE OF SEVERAL COURSES: 1. MAKE A DETERMINATION THAT THERE IS NO REAL PROBLEM, AND IF NOT, A NOTE WILL BE PLACED IN THE EMPLOYEE'S FILE. 2. IN CASE OF DETERMINATION OF POTENTIAL PROBLEM, THE VICE PRESIDENT OF ADMINISTRATION IMMEDIATELY BRINGS IT TO THE ATTENTION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER FOR APPROPRIATE ACTION. IF IT BECOMES KNOWN THAT AN EMPLOYEE LIED ON HIS/HER CONFLICT OF INTEREST FORM, OR ANY OTHER DOCUMENTS, HE/SHE MAY BE TERMINATED IMMEDIATELY. EMPLOYEES ARE REMINDED AT THE TIME OF ORIENTATION THAT SHOULD ANY CHANGE IN STATUS TAKE PLACE, THEY ARE TO IMMEDIATELY INFORM HUMAN RESOURCES. ON OCCASION, THE COLLEGE HAS SENT OUT REMINDERS TO ALL EMPLOYEES AND ASKED FOR UPDATED FORMS. Form 990, Part VI, Section B, line 15 THE BOARD OF TRUSTEES OF THE NEW YORK COLLEGE OF PODIATRIC MEDICINE MAINTAINS A COMPENSATION COMMITTEE, WHOSE FUNCTION IS TO DETERMINE APPROPRIATE COMPENSATION FOR THE PRESIDENT & CHIEF EXECUTIVE OFFICER. THE CHAIRMAN OF THE BOARD OF TRUSTEES, IN CONJUNCTION WITH THE COMPENSATION COMMITTEE, WITH OR WITHOUT INPUT FROM INDEPENDENT CONSULTANTS, PRESENTS TO THE BOARD THE RECOMMENDATION FOR THE PRESIDENT & CHIEF EXECUTIVE OFFICER'S COMPENSATION. THE ENTIRE BOARD THEN DELIBERATES AND VOTES ON THE RECOMMENDATION. THE BOARD'S DECISION ON THE MATTER IS FORWARDED TO THE VICE PRESIDENT OF FINANCE AND VICE PRESIDENT OF ADMINISTRATION FOR ACTION. FOR KEY OFFICERS AND OTHER PERSONNEL, THE OFFICE OF THE VICE PRESIDENT OF ADMINISTRATION WILL GATHER INFORMATION (JAFFE AND COMPANY, HIGHEREDJOBS.COM, BUREAU OF LABOR STATISTICS, AND OTHER SOURCES) AND PRESENT TO THE PRESIDENT AT SUCH TIME THAT SALARIES ARE TO BE REVIEWED. THE FINAL DECISION IS MADE BY THE PRESIDENT WITH INPUT FROM THE VICE PRESIDENT OF FINANCE FOR BUDGETARY REASONS. IN SUMMARY, THE ORGANIZATION'S PRESIDENT & CHIEF EXECUTIVE OFFICER'S AND TOP KEY OFFICERS' COMPENSATIONS ARE REVIEWED BASED ON COMPARABILITY DATA AND CAREFUL DELIBERATION BY EITHER THE CHAIRMAN OF THE BOARD AND THE COMPENSATION COMMITTEE OR THE PRESIDENT AND HIS SENIOR OFFICERS. ONLY THE PRESIDENT MAINTAINS A WRITTEN CONTRACT FROM THE BOARD OF TRUSTEES. THE EXECUTIVE VICE PRESIDENT MAINTAINS A CONTRACT AUTHORIZED BY THE PRESIDENT & CHIEF EXECUTIVE OFFICER. NO OTHER OFFICERS OR KEY EMPLOYEES MAINTAIN CONTRACTS; THEY ARE ALL AT-WILL EMPLOYEES. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 2C THERE HAS BEEN NO CHANGE SINCE THE PRIOR YEAR. PODIA INSURANCE LIMITED PO BOX 1109GT GRAND CAYMAN CJ B.W.I 131632522 PROVIDES PROFESSIONAL LIABILITY INSURANCE COVERAGE CJ NEW YORK COLLEGE OF PODIATRIC MEDICINE C 388637 3963078 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 PODIA INSURANCE LIMITED - MALPRACTICE INSURANCE PREMIUM PMT O 87500