2011-05-11T16:06:07-07:00 2010-06-30 990 2009-07-01 131099420 NEW YORK MEDICAL COLLEGE NEWY 9145944470 40 Sunshine Cottage Road VALHALLA NY 10595 George Nestler 9145944470 2011-05-15 2009 2016-02-24 21:20:13Z George F Nestler 40 Sunshine Cottage Road Valhalla NY 10595 243642107 0 X www.nymc.edu X Tax Exempt Organization 1860 NY New York Medical College educates physicians, scientists and healthcare professionals and conducts research. 21 19 1857 0 535200 372000 3704453 2630369 203736529 204795106 -1884903 4539348 3467299 3384617 209023378 215349440 3252478 3703330 0 0 163742281 163310282 0 0 1155071 52039948 49562109 219034707 216575721 -10011329 -1226281 197683313 196560509 138157922 139339771 59525391 57220738 New York Medical College, educates physicians, scientists and healthcare professionals and conducts research. 0 0 51024510 0 51750000 Professional Education:Educating individuals for careers in the medical, science and health professions. 56673868 0 56501446 Under contract with New York City Health & Hospitals Corp., physicians are supplied to Metropolitan and Lincoln Hospitals as well as other health care institutions in metropolitan New York for supervision, teaching and administration in support of various residency programs. 30518469 0 30518469 Under contract with Westchester Medical Center, physicians are supplied for supervision, teaching and administration in support of various residency programs. 20842251 0 19572585 Medical Research: Numerous sponsored research programs in the health care category. 35797625 0 34094449 Health Care Programs: Numerous health care and medical training programs. 3006035 0 0 Scholarship Programs: Scholarships are awarded to students based on merit. (0 Not applicable) 59645911 0 53667034 197862758 1 1 0 1 0 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 1 390 0 1 1857 1 1 0 0 0 0 0 1 1 0 0 0 0 0 21 19 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X X George F Nestler 9145944470 Administrative Building Valhalla NY 10595 Henry Amoroso 0.16 X 0 0 0 Michael A Antonelle MD '62 0.15 X 0 0 0 George K Cooney 0.15 X 0 0 0 Louis E Fierro MD '60 0.12 X 0 0 0 Jane N Haher MD '67 0 X 0 0 0 Thomas E Hales 0.44 X 0 0 0 James H Heym PhD 0.15 X 0 0 0 Henry J Humphreys 0.23 X 0 0 0 Michael D Israel MPH 0.12 X 0 0 0 Edward V Lahey Jr Esq 0.15 X 0 0 0 Philip A Marraccini MD '50 0.23 X 0 0 0 Miriam K Moran 0.5 X 0 0 0 Jonathan O'Herron 0.54 X 0 0 0 Raymond M Planell Esq 0.62 X 0 0 0 Ronald F Poe 2 X 0 0 0 Eugene C Rainis 0.46 X 0 0 0 Bernard E Reidy 0 X 0 0 0 Gerard D Robilotti 0.69 X 0 0 0 Maureen L Roxe 0.31 X 0 0 0 Albert Willner MD '43 0 X 0 0 0 William E Whiston 0.15 X 0 0 0 Karl P Adler 35 X 515530 0 63182 Ralph OConnell 35 X 506654 0 56611 Robert W Amler 35 X 323175 0 40378 Stephen Piccolo Jr 35 X 283513 0 57629 Waldemar A Comas 35 X 271597 0 45081 William Steadman 35 X 244857 0 59238 Francis L Belloni 35 X 200528 0 43304 Julie Kubaska 35 X 196585 0 37619 Peter M Brown 35 X 168269 0 40773 Dana Lee 35 X 143829 0 28307 George F Nestler 35 X 141380 0 42057 Donna Moriarty 35 X 98658 0 31586 Michael Gewitz 35 X 462153 0 60676 Jonathan Mays 35 X 456074 0 55270 David Asprinio 35 X 623781 0 58946 Raj Murali 35 X 527216 0 54824 William Frishman 35 X 455509 0 53222 5619308 0 828703 418 0 1 0 PhyCare Solutions 234 East 149th Street Room 8D200 Bronx NY 10451 Billing Agency 2280000 City Orthopedics LLC 190 Green Lane Bedford Hills NY 10507 Health Care Professional 1614583 North American Partners in Anesthesia LLP 66 Powerhouse Road - 3rd Floor Roslyn Heights NY 11577 Health Care Professional 1200000 ABM Janitorial Services PO Box 1534 New York NY 10008 Janitorial Services 803709 Hi Link Computers Corp 76 Progress Road Stamford CT 06902 Computer Support 555985 40 0 0 265700 0 277532 2087137 0 2630369 Tuition and Fees 611310 48297488 48297488 0 0 Recovery of Indirect Costs 611310 10171820 10171820 0 0 Student Housing 611710 4232911 4232911 0 0 Affiliation Fees 611710 1638722 1638722 0 0 Reimbursement of Direct Expense 611310 140454165 140454165 0 0 0 0 0 0 204795106 1365653 1365653 0 0 0 0 0 0 0 0 0 0 735690 0 42222 0 693468 0 693468 693468 0 0 31318163 0 28144468 0 3173695 0 3173695 3173695 0 0 84200 265700 105977 -21777 -21777 0 0 Comparative Medicine Recovery 621500 1037175 501975 535200 0 Other Space Rental 621300 181472 181472 0 0 Trust Income 525920 505855 505855 0 0 988424 988424 0 0 2712926 215349440 212183871 535200 0 697295 697295 3006035 3006035 0 0 0 0 3666403 0 3431819 234584 0 0 0 0 129045077 122174149 6414710 456218 8280841 7792548 466571 21722 14473652 13435425 971915 66312 7844309 7146649 655357 42303 2898800 2352689 545131 980 377131 46650 330481 0 423693 0 423693 0 0 0 0 0 0 0 236129 0 236129 0 0 0 0 0 0 0 0 0 3011460 2826643 179654 5163 0 0 0 0 0 0 0 0 6727148 6069130 635488 22530 820606 766419 46987 7200 131360 102623 20210 8527 2940044 2805243 134801 0 7382637 6369326 878750 134561 1857019 1039663 817356 0 Purchased Services 13936385 13411655 513144 11586 Equipment Rental and Maintenance 1606928 1507540 85864 13524 Printing and Publications 862194 496782 306057 59355 Postage and Shipping 118869 58859 27767 32243 Telephone 118541 40528 70163 7850 6113165 5716907 365845 30413 216575721 197862758 17557892 1155071 13171 12761 13934446 15227896 3535922 3079232 26610482 27066647 0 0 0 0 20307136 19095818 25038 28670 2656618 2748003 179718727 109431026 75861594 70287701 53545890 58004799 1003775 831127 0 0 189241 177855 197683313 196560509 55496684 56867038 0 24705150 26747419 57505947 55090439 450141 634875 0 0 0 0 0 0 138157922 139339771 X 35034828 32059804 554558 564837 23936005 24596097 59525391 57220738 197683313 196560509 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 48912 48912 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 In 2009/10, New York Medical College retained the law firm of Hinman Straub, 121 State Street, Albany, New York and paid $48,912 in consideration for lobbying services and advice regarding a)the appropriation by the New York State Legislature and the payment by the State of New York of grant monies to New York Medical College to support biomedical research, and b)the funding of hospitals in the State of New York in financial distress and in particular one such institution that is an important teaching affiliate of New York Medical College. The College's lobbying activities, with the assistance of Hinman Stroub, included several meetings and telephone conversations with state legislators and executive department officials to make them aware of the importance of New York Medical College and biomedical research in the Hudson Valley area of New York and the difficulty the financial problems of hospitals in New York State was having on medical education and research as well as patient care. 0 1 37782163 2027506 5140071 0 1865690 236129 42847921 48159953 738079 -8877490 0 2017597 220782 37782163 0.6 0.39 0.01 0 0 7632008 0 7632008 107301198 0 58444085 48857113 27395338 0 23824751 3570587 36662654 0 26538196 10124458 727529 0 623994 103535 70287701 Investments - Real Estate 734599 F Investments - Lithotriptor 96528 C 831127 BSB construction security deposit 60000 Surety Bond Premium 112965 Wageworks Deposit 10000 Dana Road Security Deposit -5000 Grasslands Payroll Clearing Account -110 177855 215349440 216575721 -1226281 1612290 0 0 0 -2690460 -1078170 -2304451 214036535 1612290 0 0 -2795043 -1182753 215219288 236129 -105977 130152 215349440 216340986 0 0 0 3471993 3471993 212868993 236129 3470599 3706728 216575721 SchD_P04_S00_L02b Schedule D, Part IV, Line 2b This amount represents tuition payments received in advance and held in escrow by the College. SchD_P05_S00_L04 Schedule D, Part V, Line 4 Endowment funds are intended to further the educational and research programs of the College. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Pension Related Changes $3,366,016, Increase in Permanently Restricted Net Assets $665,278, Increase in Temporarily Restricted Net Assets $10,278. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Scholarship Expenses ($2,996,535) reported on Part IX, line 2 of the 990, Tuition Remission ($474,064) reported on Part IX, line 24c, Other changes to net assets: Permanently Restricted Net Assets $665,278. Temporarily Restricted Net Assets $10,278. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Special Event Expenses pertaining to the Dinner Dance fundraising event. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Special Event expenses included on Part VIII line 8a $105,977. Pension-related changes reported in non-operating activities $3,366,016. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Tuition Remission netted against tuition revenue per the audited financial statements $474,064. Scholarship expenses netted against tuition revenue per the audited financial statements $2,996,535. 1 0 1 The solicitation materials requested from or sent by the institution contain a statement of its policy on non-discrimination. The College policy on non-discrimination is also displayed on its public web site. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The College receives annual funding appropriated from the New York State Bundy Aid program. 1 Sesquincentennial Celebration 349900 265700 84200 0 0 0 0 0 105977 0 0 349900 265700 84200 0 0 0 0 0 105977 105977 -21777 1 Sarah Lawrence College 237223216 14918 0 Book Research Mercy College 131967321 10297 0 Book Research University of the Virgin Islands 660432514 5876 0 Book Research The New York Eye and Ear Infirmary 061008595 16724 0 Book Research St Vincent Catholic Medical Center 060646886 68291 0 Book Research The University of Chicago 362177139 15128 0 Book Research The Pennsylvania State University 999999999 104102 0 Book Research University of Texas Southwestern 999999999 47149 0 Book Research University of Maryland-Baltimore 526002033 82521 0 Book Research Yale University 060646973 47719 0 Book Research Weill Medical College of Cornell University 133017214 58603 0 Book Research Humboldt University 999999999 39060 0 Book Research Westchester Medical Center 134095845 61264 0 Book Research University of Rochester 160743209 125643 0 Book Research 12 2 Scholarships 247 3014035 0 Book SchI_P01_S00_L02 Schedule I, Part I, Line 2 Scholarships are awarded based on merit. The Bursar's office monitors the use of such funds to the extent that they are used exclusively for tuition and fees. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Karl P Adler 515530 0 0 0 0 0 30774 0 32408 0 578712 0 0 0 Ralph OConnell 506654 0 0 0 0 0 24300 0 32311 0 563265 0 0 0 Robert W Amler 323175 0 0 0 0 0 23810 0 16568 0 363553 0 0 Stephen Piccolo Jr 283513 0 0 0 0 0 31183 0 26447 0 341143 0 0 0 Waldemar A Comas 271597 0 0 0 0 0 30296 0 14785 0 316678 0 0 0 William Steadman 244857 0 0 0 0 0 31601 0 27637 0 304095 0 0 0 Francis L Belloni 200528 0 0 0 0 0 25318 0 17985 0 243831 0 0 0 Julie Kubaska 196585 0 0 0 0 0 24404 0 13215 0 234204 0 Peter M Brown 168269 0 0 0 0 0 14984 0 25789 0 209042 0 0 0 Michael Gewitz 462153 0 0 0 0 0 31410 0 29266 0 522829 0 0 0 Jonathan Mays 456074 0 0 0 0 0 23802 0 31468 0 511344 0 0 0 David Asprinio 623781 0 0 0 0 0 23802 0 35144 0 682727 0 0 Raj Murali 527216 0 0 0 0 0 23802 0 31021 0 582039 0 0 0 William Frishman 455509 0 0 0 0 0 23802 0 29420 0 508731 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The spouses of three of the Colleges officers accompanied them to certain business functions. These travel expenses were not included as part of taxable income to the officers in as much as they were deemed necessary for the limited events. Michael Israel CEO, West Med Ctr 31272899 Contractual payments 0 Henry Amoroso President, St Vincents 350000 Affiliation Fees 0 Ralph OConnell Member, St Vincents 350000 Affiliation Fees 0 Karl Adler Member, St. Vincents 350000 Affiliation Fees 0 F990_P05_S00_L03b Form 990, Part V, Line 3b New York Medical College has been granted an automatic five month extension until 5/15/2011 to file form 990-T F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Some of the trustees are members of the College and are employed or appointed by the Archdiocese of New York. F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 New York Medical College has members who elect the President, Provost and Chairman of the Board of Trustees and approve significant decisions of the Board of Trustees. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a New York Medical College has members who elect the President, Provost and Chairman of the Board of Trustees and approve significant decisions of the Board of Trustees. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b The College's organizational documents describe the process involving member approval of decisions of the governing body. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 This return was initially reviewed by senior management, specifically the Controller, CFO and General Counsel. The Audit Commitee of the Board of Trustees received and reviewed the 990 on 4/27/2011. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The policy is distributed annually to all employees together with a conflict of interest form. Such form is required to be submitted by faculty and administrative employees. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 New York Medical College's process for determining compensation of the President and CEO and other officers and key employees include a review of comparability data from compensation surveys and forms 990 from similar organizations, and review and approval by the Finance Commitee and the Board of Trustees of New York Medical College, which include independent persons. The review and approval process is fully and contemporaneously documented. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The College's annual report which contains financial information and the conflict of interest policy are available on the College's website. The Partnership for a Healthy Population C/O New York Medical College 40 Sunshine Cottage Road Valhalla NY 10595 134038939 Health related studies and education NY 501(c)(3) 9 New York Medical College 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 The Partnership for a Healthy Population q 1039