STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

TOURO UNIVERSITY: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
TOURO UNIVERSITY (EIN 13-2676570)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-15
IRS object ID
202331359349302328
Schema version
2021v4.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-15T08:17:21-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1345 PARK AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101540102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN132676570EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TOURO UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTOURBusinessNameControlTxt
Phone6465656000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 WEST 47TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMELVIN NESSPersonNm
Person TitleSENIOR VP AND CFOPersonTitleTxt
Phone6465656000PhoneNum
Signature2023-05-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMELVINPersonFirstNm
Person LastNESSPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEVAN W SEEKAMPPreparerPersonNm
PTINP01907071PTIN
Phone2127589700PhoneNum
Preparation2023-05-11PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMELVIN NESSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 WEST 47TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$411,467,120GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TOURO.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1970FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO PROVIDE AN INDEPENDENT INSTITUTION OF HIGHER AND PROFESSIONAL EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee3328TotalEmployeeCnt
Total Volunteers350TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$50,314,934PYContributionsGrantsAmt
CY Contributions Grants$26,128,655CYContributionsGrantsAmt
PY Program Service Revenue$296,846,761PYProgramServiceRevenueAmt
CY Program Service Revenue$299,195,447CYProgramServiceRevenueAmt
PY Investment Income$10,436,693PYInvestmentIncomeAmt
CY Investment Income$15,983,112CYInvestmentIncomeAmt
PY Other Revenue$25,455,615PYOtherRevenueAmt
CY Other Revenue$25,674,466CYOtherRevenueAmt
PY Total Revenue$383,054,003PYTotalRevenueAmt
CY Total Revenue$366,981,680CYTotalRevenueAmt
PY Grants And Similar Paid$50,733,669PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$40,480,930CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$176,558,593PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$179,022,465CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,343,680CYTotalFundraisingExpenseAmt
PY Other Expenses$110,781,719PYOtherExpensesAmt
CY Other Expenses$118,922,947CYOtherExpensesAmt
PY Total Expenses$338,073,981PYTotalExpensesAmt
CY Total Expenses$338,426,342CYTotalExpensesAmt
PY Revenues Less Expenses$44,980,022PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$28,555,338CYRevenuesLessExpensesAmt
Total Assets BOY$623,239,335TotalAssetsBOYAmt
Total Assets EOY$635,568,215TotalAssetsEOYAmt
Total Liabilities BOY$374,310,810TotalLiabilitiesBOYAmt
Total Liabilities EOY$372,159,018TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$248,928,525NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$263,409,197NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE UNIVERSITY'S PRIMARY PURPOSE IS TO PROVIDE AN INDEPENDENT INSTITUTION OF HIGHER AND PROFESSIONAL EDUCATION. (SEE SCHEDULE O)MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$306,113,470ExpenseAmt
Grant$38,880,930GrantAmt
Revenue$324,667,557RevenueAmt
DescACADEMIC SUPPORT: TOURO UNIVERSITY PROVIDED EDUCATION, PRIMARILY IN THE NEW YORK CITY METROPOLITAN AREA, TO APPROXIMATELY 12,000 UNDERGRADUATE, GRADUATE AND PROFESSIONAL STUDENTS DURING THE FISCAL YEAR IN VARIOUS FIELDS OF STUDY, INCLUDING LAW, MEDICINE AND OTHER HEALTHCARE FIELDS, GRANTING THE FOLLOWING ACADEMIC DEGREES: UNDERGRADUATE (1,669); GRADUATE (1,725); FIRST PROFESSIONAL (654).Desc
Total Program Service Expenses$306,113,470TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document541IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee3328EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryGMForeignCountryCd
Foreign CountryISForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STUART LIPPMAN CONTROLLERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6465656026PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 WEST 47TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (52 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
ABRAHAM BIDERMAN
TRUSTEE0.800.20Yes (X)$0$0$0
SHMUEL BRAUN
TRUSTEE0.800.20Yes (X)$0$0$0
BEN CHOUAKE
TRUSTEE0.400.60Yes (X)$0$0$0
ALLEN FAGIN
TRUSTEE0.800.20Yes (X)$0$0$0
HOWARD FRIEDMAN
TRUSTEE0.800.20Yes (X)$0$0$0
ZAHAVA FRIEDMAN
TRUSTEE0.800.20Yes (X)$0$0$0
GILLES GADE
TRUSTEE0.800.20Yes (X)$0$0$0
RABBI MENACHEM GENACK
TRUSTEE AND FACULTY33.002.00Yes (X)$27,310$54,075$3,800
SOLOMON GOLDFINGER
TRUSTEE0.800.20Yes (X)$0$0$0
ABRAHAM GUTNICKI
TRUSTEE0.800.20Yes (X)$0$0$0
DEBRA HARTMAN
TRUSTEE - BEG. 1/220.800.20Yes (X)$0$0$0
ALAN KADISH
PRESIDENT, CEO AND TRUSTEE18.0017.00Yes (X)$1,008,541$0$261,509Yes (X)
JUDY HASTEN KAYE
TRUSTEE - BEG. 2/220.800.20Yes (X)$0$0$0
RABBI DANIEL LANDER
TRUSTEE AND CHANCELLOR3.0032.00Yes (X)$178,648$200,523$132,649Yes (X)
BRIAN LEVINSON
TRUSTEE0.800.20Yes (X)$0$0$0
DAVID LICHTENSTEIN
TRUSTEE0.700.30Yes (X)$0$0$0
MARTIN OLINER
TRUSTEE0.500.50Yes (X)$0$0$0
LAWRENCE PLATT
TRUSTEE0.800.20Yes (X)$0$0$0
MARGARET RETTER
TRUSTEE0.800.20Yes (X)$0$0$0
STEPHEN ROSENBERG
TRUSTEE0.700.30Yes (X)$0$0$0
ZVI RYZMAN
CHAIRMAN AND TRUSTEE1.004.00Yes (X)$0$0$0
ISRAEL SENDROVIC
TRUSTEE0.800.20Yes (X)$0$0$0
GARY TORGOW
TRUSTEE0.800.20Yes (X)$0$0$0
JACK WEINREB
TRUSTEE0.800.20Yes (X)$0$0$0
RABBI SHABSAI WOLFE
TRUSTEE0.800.20Yes (X)$0$0$0
STEVEN ZULLER
TRUSTEE0.800.20Yes (X)$0$0$0
SALOMON AMAR
SR VP FOR RESEARCH AFFAIRS19.0016.00$343,780$186,252$97,937Yes (X)
MOSHE KRUPKA
EXECUTIVE VP28.007.00$264,716$0$147,240Yes (X)
MELVIN NESS
SENIOR VP, CFO30.904.10$387,289$0$16,849Yes (X)
MICHAEL NEWMAN
SECRETARY, SR. VP AND GEN COUNSEL20.0015.00$316,839$0$32,079Yes (X)
PATRICIA SALKIN
PROVOST, SR VP ACADEMIC AFFAIRS34.500.50$376,495$0$112,515Yes (X)
JEFFREY ROSENGARTEN
SENIOR VP OF OPER. & ADMIN.29.006.00$330,914$0$17,845Yes (X)
LOUIS PRIMAVERA
DEAN, SCHOOL OF HEALTH SCIENCES35.000.00$265,693$0$15,110Yes (X)
HENRY COHEN
DEAN, PHARMACY SCHOOL35.000.00$266,450$0$100,373Yes (X)
RONNIE MYERS
DEAN, DENTAL SCHOOL35.000.00$369,285$0$17,845Yes (X)
KENNETH STEIER
EXECUTIVE DEAN, PROFESSOR35.000.00$478,917$0$50,273Yes (X)
ELENA LANGAN
DEAN, LAW SCHOOL34.500.50$312,260$0$29,032Yes (X)
BARBARA CAPOZZI
CLINICAL DEAN TOUROCOM35.000.00$274,123$0$25,804Yes (X)
JOSEPH TOMMASINO
VP PA PROGRAM OPERATIONS35.000.00$259,007$0$7,961Yes (X)
ARTHUR PRANCAN
ASSOCIATE PROFESSOR35.000.00$271,112$0$48,592Yes (X)
EDWARD F FARKAS
VICE DEAN, DENTAL SCHOOL35.000.00$319,417$0$43,741Yes (X)
THOMAS MODERO
CHIEF HUMAN SERVICES OFFICER25.0010.00$261,151$0$37,609Yes (X)
MATTHEW BONILLA
VP OF STUDENT SERVICES - END 6/1835.000.00$269,093$0$43,638Yes (X)
STANLEY BOYLAN
VP OF UNDERGRAD. ED. - END 6/1835.000.00$154,122$0$44,499Yes (X)
RICHARD BRAUNSTEIN
VP, DEPUTY GEN. COUNSEL - END 6/1824.9010.10$212,309$0$30,538Yes (X)
ALAN CINER
VICE PRESIDENT - END 6/1835.000.00$131,392$0$60,110Yes (X)
ROBERT GOLDSCHMIDT
VP, PLANNING & ASSESSMENT - END 6/1835.000.00$177,785$0$49,220Yes (X)
NADIA GRAFF
VP, GRAD & PROF STUDIES - END 6/1835.000.00$253,386$0$14,513Yes (X)
ISRAEL SINGER
VICE PRESIDENT - END 6/1833.002.00$123,960$0$17,718Yes (X)
FRANKLIN STEEN
VP OF TECHNOLOGY - END 6/1829.006.00$266,861$0$36,725Yes (X)
MARIAN STOLTZ-LOIKE
VP, ONLINE EDUCATION - END 6/1835.000.00$280,771$0$27,983Yes (X)
JUDAH WEINBERGER
VP OF COLLAB. MEDICINE - END 6/1835.000.00$258,522$0$15,257Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$8,440,148TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$440,850TotReportableCompRltdOrgAmt
Total Other Compensation$1,538,964TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K321IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
I&G GROUP
404 5TH AVE 3RD FLOORNEW YORKNY10018CONSTRUCTION$5,180,286
ELLUCIAN COMPANY L P
62578 COLLECTIONS CENTER DRIVECHICAGOIL60693SERVICE CONTRACT$1,304,285
PAVARINI NORTH EAST CONSTRUCTION COMPANY
30 OAK STREETSTAMFORDCT06905CONSTRUCTION$1,289,435
PARKSEEN REALTY ASSOCIATES LLC
358 5TH AVE SUITE 1402NEW YORKNY10001REAL ESTATE TAXES$1,151,629
KPMG LLP
DEPT 0511DALLASTX753120511AUDIT$640,500
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K35CntrctRcvdGreaterThan100KCnt
Fundraising$576,960FundraisingAmt
Government Grants$20,265,010GovernmentGrantsAmt
All Other Contributions$5,286,685AllOtherContributionsAmt
Total Contributions$26,128,655TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STUDENT TUITION/FEES611600$289,506,225$289,506,225
FACULTY PRACTICE REVEN611600$6,544,661$6,544,661
DORM FEES611600$3,144,561$3,144,561
FieldValueIRS element (for citing)
Total Program Service Revenue$299,195,447TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,879,846TotalRevenueColumnAmt
Exclusion$1,879,846ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$134,315RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$134,315RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$134,315TotalRevenueColumnAmt
Exclusion$134,315ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$37,733,671SecuritiesAmt
Other$20,417,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$39,590,405SecuritiesAmt
Other$4,457,000OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$1,856,734SecuritiesAmt
Other$15,960,000OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,103,266TotalRevenueColumnAmt
Exclusion$14,103,266ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$506,076FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$576,960ContriRptFundraisingEventAmt
Fundraising Direct Expenses$438,035FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$68,041TotalRevenueColumnAmt
Exclusion$68,041ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ACADEMIC SUPPORT900099$23,591,041$23,591,041
CAFETERIA INCOME900099$340,748$340,748

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,540,321TotalRevenueColumnAmt
Related Or Exempt Func Income$1,540,321RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$25,472,110OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$366,981,680TotalRevenueColumnAmt
Related Or Exempt Func Income$324,667,557RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$16,185,468ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,600,000TotalAmt
Program Services$1,600,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$38,396,442TotalAmt
Program Services$38,396,442ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$484,488TotalAmt
Program Services$484,488ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$5,094,183TotalAmt
Program Services$2,131,663ProgramServicesAmt
Management And General$2,763,729ManagementAndGeneralAmt
Fundraising$198,791FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$955,567TotalAmt
Program Services$844,672ProgramServicesAmt
Management And General$92,078ManagementAndGeneralAmt
Fundraising$18,817FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$139,700,205TotalAmt
Program Services$125,859,042ProgramServicesAmt
Management And General$11,188,560ManagementAndGeneralAmt
Fundraising$2,652,603FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$4,348,174TotalAmt
Program Services$3,843,560ProgramServicesAmt
Management And General$418,987ManagementAndGeneralAmt
Fundraising$85,627FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$19,125,294TotalAmt
Program Services$16,905,765ProgramServicesAmt
Management And General$1,842,900ManagementAndGeneralAmt
Fundraising$376,629FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$9,799,042TotalAmt
Program Services$8,661,843ProgramServicesAmt
Management And General$944,229ManagementAndGeneralAmt
Fundraising$192,970FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,574,511TotalAmt
Program Services$1,391,786ProgramServicesAmt
Management And General$151,719ManagementAndGeneralAmt
Fundraising$31,006FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$516,136TotalAmt
Management And General$516,136ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$80,770TotalAmt
Program Services$71,396ProgramServicesAmt
Management And General$7,783ManagementAndGeneralAmt
Fundraising$1,591FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$236,283TotalAmt
Program Services$208,862ProgramServicesAmt
Management And General$22,768ManagementAndGeneralAmt
Fundraising$4,653FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,457,634TotalAmt
Program Services$3,940,316ProgramServicesAmt
Management And General$429,535ManagementAndGeneralAmt
Fundraising$87,783FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$6,630,591TotalAmt
Program Services$5,861,098ProgramServicesAmt
Management And General$638,919ManagementAndGeneralAmt
Fundraising$130,574FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,376,032TotalAmt
Program Services$2,831,652ProgramServicesAmt
Management And General$477,897ManagementAndGeneralAmt
Fundraising$66,483FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,732,711TotalAmt
Program Services$7,719,262ProgramServicesAmt
Management And General$841,478ManagementAndGeneralAmt
Fundraising$171,971FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$37,175,230TotalAmt
Program Services$32,860,969ProgramServicesAmt
Management And General$3,582,180ManagementAndGeneralAmt
Fundraising$732,081FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,158,117TotalAmt
Program Services$1,023,716ProgramServicesAmt
Management And General$111,595ManagementAndGeneralAmt
Fundraising$22,806FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$126,622TotalAmt
Program Services$111,927ProgramServicesAmt
Management And General$12,201ManagementAndGeneralAmt
Fundraising$2,494FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$155,280TotalAmt
Management And General$155,280ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$17,966,667TotalAmt
Program Services$15,881,599ProgramServicesAmt
Management And General$1,731,256ManagementAndGeneralAmt
Fundraising$353,812FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,986,057TotalAmt
Program Services$1,755,571ProgramServicesAmt
Management And General$191,375ManagementAndGeneralAmt
Fundraising$39,111FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
EDUCATIONAL PROGRAMS$15,882,759$15,882,759
STUDENT ACTIVITIES$8,133,500$8,133,500
DUES, SUB & MEMBERSHIPS$3,124,234$2,761,660$301,049$61,525
BAD DEBT EXPENSE$786,330$786,330

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$6,823,483TotalAmt
Program Services$6,163,592ProgramServicesAmt
Management And General$547,538ManagementAndGeneralAmt
Fundraising$112,353FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$338,426,342TotalAmt
Program Services$306,113,470ProgramServicesAmt
Management And General$26,969,192ManagementAndGeneralAmt
Fundraising$5,343,680FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$27,898,215BOYAmt
EOY$20,352,786EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,930,845BOYAmt
EOY$6,153,804EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$13,560,805BOYAmt
EOY$7,117,906EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$56,599BOYAmt
EOY$58,427EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$19,439,102BOYAmt
EOY$16,823,277EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,136,716BOYAmt
EOY$8,292,648EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$491,129,004LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$191,864,123LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$280,881,580BOYAmt
EOY$299,264,881EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$112,555,437BOYAmt
EOY$114,167,516EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$542,080BOYAmt
EOY$338,158EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$3,482,500BOYAmt
EOY$3,200,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$152,755,456BOYAmt
EOY$159,798,812EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$623,239,335BOYAmt
EOY$635,568,215EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$53,147,266BOYAmt
EOY$57,299,343EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$32,624,243BOYAmt
EOY$24,353,323EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$162,116,091BOYAmt
EOY$161,161,815EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$1,544,000BOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$22,313,297BOYAmt
EOY$19,372,102EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$102,565,913BOYAmt
EOY$109,972,435EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$374,310,810BOYAmt
EOY$372,159,018EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$233,964,525BOYAmt
EOY$247,821,197EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,964,000BOYAmt
EOY$15,588,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$248,928,525BOYAmt
EOY$263,409,197EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$623,239,335BOYAmt
EOY$635,568,215EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$28,555,338ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$14,074,666NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,715,635CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,995,275CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,230,332CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$50,314,934CurrentTaxYearMinus1YearAmt
Current Tax Year$26,128,655CurrentTaxYearAmt
Total$108,384,831TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,715,635CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,995,275CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,230,332CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$50,314,934CurrentTaxYearMinus1YearAmt
Current Tax Year$26,128,655CurrentTaxYearAmt
Total$108,384,831TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$108,384,831PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,109,374CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,623,335CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,091,203CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,078,338CurrentTaxYearMinus1YearAmt
Current Tax Year$2,014,161CurrentTaxYearAmt
Total$6,916,411TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$2,557,415CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,267,614CurrentTaxYearMinus2YearsAmt
Total$4,825,029TotalAmt
FieldValueIRS element (for citing)
Total Support$120,126,271TotalSupportAmt
Gross Receipts Rltd Activities$1,525,380,877GrossReceiptsRltdActivitiesAmt
Public Support CY1700.90230PublicSupportCY170Pct
Public Support PY1700.89350PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER EXCLUDED INCOME - 2018 AMOUNT: $ 2,557,415. 2019 AMOUNT: $ 2,267,614.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$80,770DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$80,770TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationOTHER ACTIVITIES THE UNIVERSITY HIRED LOBBYISTS TO ASSIST IN OBTAINING APPROVAL FROM FEDERAL, STATE AND CITY AGENCIES TO ENHANCE THE FACILITIES AND PROGRAMS OF THE UNIVERSITY. THE UNIVERSITY OR ITS REPRESENTATIVES MAY MEET WITH LEGISLATORS TO DISCUSS CERTAIN GRANTS.ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$462,074AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$43,308,379BeginningYearBalanceAmt
Contributions$24,169ContributionsAmt
Investment Earnings Or Losses-$4,749,210InvestmentEarningsOrLossesAmt
Other Expenditures$1,584,672OtherExpendituresAmt
End Year Balance$36,998,666EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$38,618,085BeginningYearBalanceAmt
Contributions$31,647ContributionsAmt
Investment Earnings Or Losses$6,255,979InvestmentEarningsOrLossesAmt
Other Expenditures$1,597,332OtherExpendituresAmt
End Year Balance$43,308,379EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$40,342,144BeginningYearBalanceAmt
Contributions$500,000ContributionsAmt
Investment Earnings Or Losses$790,321InvestmentEarningsOrLossesAmt
Other Expenditures$3,014,380OtherExpendituresAmt
End Year Balance$38,618,085EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$55,160,900BeginningYearBalanceAmt
Contributions$2,594,690ContributionsAmt
Investment Earnings Or Losses$2,255,378InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,256,278GrantsOrScholarshipsAmt
Other Expenditures$570,226OtherExpendituresAmt
Administrative Expenses$17,842,320AdministrativeExpensesAmt
End Year Balance$40,342,144EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$22,550,386BeginningYearBalanceAmt
Contributions$32,172,451ContributionsAmt
Investment Earnings Or Losses$1,371,878InvestmentEarningsOrLossesAmt
Grants Or Scholarships$616,767GrantsOrScholarshipsAmt
Other Expenditures$196,132OtherExpendituresAmt
Administrative Expenses$120,916AdministrativeExpensesAmt
End Year Balance$55,160,900EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.91040BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.07620PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.01340TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,289,219OtherCostOrOtherBasisAmt
Book Value$16,289,219BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$273,598,362OtherCostOrOtherBasisAmt
Depreciation$73,139,624DepreciationAmt
Book Value$200,458,738BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$68,413,107OtherCostOrOtherBasisAmt
Depreciation$46,857,302DepreciationAmt
Book Value$21,555,805BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$55,838,988OtherCostOrOtherBasisAmt
Depreciation$36,741,214DepreciationAmt
Book Value$19,097,774BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$76,989,328OtherCostOrOtherBasisAmt
Depreciation$35,125,983DepreciationAmt
Book Value$41,863,345BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$299,264,881TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDescBook ValueBookValueAmt
RIGHT OF USE ASSETS$99,459,851
DUE FROM/TO AFFILIATES, NET$45,296,790
DEPOSITS WITH BOND TRUSTEE$11,745,421
RECEIVABLE FROM HTC$2,482,797
ARTWORK INVENTORY$462,074
OTHER ASSETS$351,879
FieldValueIRS element (for citing)
Total Book Value Other Assets$159,798,812TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITIES$104,562,314
TUITION ESCROW$3,611,592
STUDENT DEPOSITS$1,597,556
OTHER LIABILITIES$200,973
FieldValueIRS element (for citing)
Total Liability$109,972,435TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:COLLECTION OF ART AND RELIGIOUS OBJECTS A COLLECTION OF ART AND RELIGIOUS OBJECTS ACQUIRED SINCE INCEPTION THROUGH PURCHASES, CONTRIBUTIONS AND LONG TERM LOANS ARE INSURED FOR APPROXIMATELY $977,000 INCLUDING APPROXIMATELY $141,000 RELATED TO RELIGIOUS OBJECTS ON LOAN. RECORDS OF THE COST OF PURCHASED ITEMS OR OF THE FAIR VALUE AS OF THE DATE OF CONTRIBUTIONS ARE NOT AVAILABLE IN MANY INSTANCES, AND THE UNIVERSITY HAS DETERMINED THAT IT WOULD NOT BE PRACTICAL TO RETROACTIVELY CAPITALIZE ITS COLLECTION.
PART III, LINE 4:RELIGIOUS ARTWORK TOURO MAINTAINS ARTWORK AT VARIOUS LOCATIONS. A PORTION OF THE ARTWORK REPRESENTS RELIGIOUS ARTIFACTS USED IN WEEKLY RELIGIOUS SERVICES. OTHER ARTWORK IS USED TO BEAUTIFY THE FACILITIES TO ENHANCE STUDENT AND FACULTY ACCEPTANCE OF THEIR SURROUNDINGS.
PART V, LINE 4:ENDOWMENT FUNDS TO PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS, TO ADD OR IMPROVE FACILITIES, TO FUND RESEARCH AND PROVIDE ADDITIONAL PROGRAM FUNDS.
PART X, LINE 2:ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES THE UNIVERSITY SUBSCRIBES 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, 2022 AND 2021, THE UNIVERSITY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ANY SIGNIFICANT UNRELATED BUSINESS INCOME TAX LIABILITY, WHICH WOULD HAVE A MATERIAL IMPACT UPON ITS FINANCIAL STATEMENTS.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3BROCHURES AND CATALOGS DISTRIBUTED TO STUDENTS AND RECRUITMENT ADVERTISEMENTS IN JOURNALS AND NEWSPAPERS, AS WELL AS ON OWN WEBSITE, TV, INTERNET AND THE RADIO, CONTAIN STATEMENTS WITH RESPECT TO TOURO UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY.
LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID:FEDERAL AND STATE GRANTS, INCLUDING HEERF FUNDS, OF $20,265,010. STUDENTS ATTENDING THE UNIVERSITY MAY ALSO BE ELIGIBLE FOR FEDERAL FINANCIAL AID INCLUDING STUDENT LOANS. ADDITIONALLY, THE UNIVERSITY RECEIVED GRANTS FROM THE GOVERNMENT FOR RESEARCH AND FACILITY IMPROVEMENTS.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
MIDDLE EAST AND NORTH AFRICA141PROGRAM SERVICESEDUCATION$2,283,278
RUSSIA/INDEPENDENT STATES20PROGRAM SERVICESEDUCATION$193,704
EUROPE00GRANTMAKING$387,617
MIDDLE EAST AND NORTH AFRICA00GRANTMAKING$96,871
FieldValueIRS element (for citing)
Subtotal Offices3SubtotalOfficesCnt
Subtotal Employees41SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office3TotalOfficeCnt
Total Employee41TotalEmployeeCnt
Subtotal Spent$2,961,470SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$2,961,470TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionEUROPERegionTxt
Purpose Of GrantEDUCATIONPurposeOfGrantTxt
Cash Grant$387,617CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceSCHOLARSHIPSTypeOfAssistanceTxt
RegionMIDDLE EAST/NORTH AFRICARegionTxt
Recipient94RecipientCnt
Cash Grant$96,871CashGrantAmt
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott CountriesYes (1)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:OPERATIONS REVIEW PERIODIC SITE VISITS BY UNIVERSITY ADMINISTRATORS AND FACULTY REVIEW LOCAL OPERATIONS. SIGNIFICANT OPERATIONS HAVE REVIEWS BY LOCAL INDEPENDENT AUDITORS. STUDENTS ARE AWARDED TUITION DISCOUNTS BASED ON VARIOUS CRITERIA. THE DISCOUNTS ARE CREDITED TO THE STUDENT'S ACCOUNTS.
PART III ACCOUNTING METHOD:

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Licensed StatesNYLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1LAW SCHOOL DINNEREvent1Nm
Gross Receipts Event1$371,226GrossReceiptsEvent1Amt
Charitable Contri Event1$281,226CharitableContriEvent1Amt
Gross Revenue Event1$90,000GrossRevenueEvent1Amt
Rent Facility Costs Event1$49,997RentFacilityCostsEvent1Amt
Food And Beverage Event1$19,850FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$4,875OtherDirectExpensesEvent1Amt
Event2LCM CHAG SMICHA DINNEREvent2Nm
Gross Receipts Event2$317,888GrossReceiptsEvent2Amt
Charitable Contri Event2$137,243CharitableContriEvent2Amt
Gross Revenue Event2$180,645GrossRevenueEvent2Amt
Rent Facility Costs Event2$17,679RentFacilityCostsEvent2Amt
Food And Beverage Event2$34,650FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$72,792OtherDirectExpensesEvent2Amt
Other Events Total3OtherEventsTotalCnt
Gross Receipts Other Events$393,912GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$158,481CharitableContriOtherEventsAmt
Gross Revenue Other Events$235,431GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$49,455RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$60,596FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$128,141OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,083,026GrossReceiptsTotalAmt
Charitable Contributions Tot$576,950CharitableContributionsTotAmt
Gross Revenue Total Events$506,076GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$117,131RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$115,096FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$205,808OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$438,035DirectExpenseSummaryEventsAmt
Net Income Summary$68,041NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1HEBREW THEOLOGICAL COLLEGE (HTC)BusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line17135 NORTH CARPENTER ROADAddressLine1Txt
CitySKOKIECityNm
State AbbreviationILStateAbbreviationCd
ZIP60077ZIPCd
FieldValueIRS element (for citing)
Recipient EIN362167095RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$1,600,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantEDUCATIONPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIPS4199$32,786,980
HEERF FUNDING4651$5,609,462

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationMONITORING GRANTS SINCE ITS INCEPTION, MANAGEMENT REVIEWS REQUESTS FOR GRANTS. 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. STUDENTS ARE AWARDED TUITION DISCOUNTS BASED ON VARIOUS CRITERIA. THE DISCOUNTS ARE CREDITED TO THE STUDENTS' ACCOUNTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E Expnss0WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (28 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ALAN KADISH
PRESIDENT, CEO AND TRUSTEE$987,074$0$0$0$21,467$0$14,500$0$247,009$0$1,270,050$0$0$0
SALOMON AMAR
SR VP FOR RESEARCH AFFAIRS$343,030$166,752$0$0$750$19,500$8,572$7,463$81,902$0$434,254$193,715$0$0
KENNETH STEIER
EXECUTIVE DEAN, PROFESSOR$477,913$0$0$0$1,004$0$14,500$0$35,773$0$529,190$0$0$0
RABBI DANIEL LANDER
TRUSTEE AND CHANCELLOR$175,515$200,523$0$0$3,133$0$0$13,281$0$119,368$178,648$333,172$0$0
PATRICIA SALKIN
PROVOST, SR VP ACADEMIC AFFAIRS$375,312$0$0$0$1,183$0$14,500$0$98,015$0$489,010$0$0$0
MOSHE KRUPKA
EXECUTIVE VP$255,189$0$0$0$9,527$0$14,500$0$132,740$0$411,956$0$0$0
MELVIN NESS
SENIOR VP, CFO$378,372$0$0$0$8,917$0$14,500$0$2,349$0$404,138$0$0$0
RONNIE MYERS
DEAN, DENTAL SCHOOL$365,792$0$0$0$3,493$0$14,500$0$3,345$0$387,130$0$0$0
HENRY COHEN
DEAN, PHARMACY SCHOOL$265,267$0$0$0$1,183$0$14,008$0$86,365$0$366,823$0$0$0
EDWARD F FARKAS
VICE DEAN, DENTAL SCHOOL$317,563$0$0$0$1,854$0$14,500$0$29,241$0$363,158$0$0$0
MICHAEL NEWMAN
SECRETARY, SR. VP AND GEN COUNSEL$316,206$0$0$0$633$0$7,704$0$24,375$0$348,918$0$0$0
JEFFREY ROSENGARTEN
SENIOR VP OF OPER. & ADMIN.$323,113$0$0$0$7,801$0$14,500$0$3,345$0$348,759$0$0$0
ELENA LANGAN
DEAN, LAW SCHOOL$310,445$0$0$0$1,815$0$14,500$0$14,532$0$341,292$0$0$0
ARTHUR PRANCAN
ASSOCIATE PROFESSOR$268,448$0$0$0$2,664$0$14,283$0$34,309$0$319,704$0$0$0
MATTHEW BONILLA
VP OF STUDENT SERVICES - END 6/18$268,829$0$0$0$264$0$14,500$0$29,138$0$312,731$0$0$0
MARIAN STOLTZ-LOIKE
VP, ONLINE EDUCATION - END 6/18$277,882$0$0$0$2,889$0$14,096$0$13,887$0$308,754$0$0$0
FRANKLIN STEEN
VP OF TECHNOLOGY - END 6/18$264,214$0$0$0$2,647$0$13,836$0$22,889$0$303,586$0$0$0
BARBARA CAPOZZI
CLINICAL DEAN TOUROCOM$273,014$0$0$0$1,109$0$14,154$0$11,650$0$299,927$0$0$0
THOMAS MODERO
CHIEF HUMAN SERVICES OFFICER$258,255$0$0$0$2,896$0$13,531$0$24,078$0$298,760$0$0$0
LOUIS PRIMAVERA
DEAN, SCHOOL OF HEALTH SCIENCES$263,803$0$0$0$1,890$0$13,367$0$1,743$0$280,803$0$0$0
JUDAH WEINBERGER
VP OF COLLAB. MEDICINE - END 6/18$256,331$0$0$0$2,191$0$12,817$0$2,440$0$273,779$0$0$0
NADIA GRAFF
VP, GRAD & PROF STUDIES - END 6/18$250,972$0$0$0$2,414$0$12,549$0$1,964$0$267,899$0$0$0
JOSEPH TOMMASINO
VP PA PROGRAM OPERATIONS$257,691$0$0$0$1,316$0$5,277$0$2,684$0$266,968$0$0$0
RICHARD BRAUNSTEIN
VP, DEPUTY GEN. COUNSEL - END 6/18$211,029$0$0$0$1,280$0$11,311$0$19,227$0$242,847$0$0$0
ROBERT GOLDSCHMIDT
VP, PLANNING & ASSESSMENT - END 6/18$176,411$0$0$0$1,374$0$10,132$0$39,088$0$227,005$0$0$0
STANLEY BOYLAN
VP OF UNDERGRAD. ED. - END 6/18$153,173$0$0$0$949$0$7,157$0$37,342$0$198,621$0$0$0
ALAN CINER
VICE PRESIDENT - END 6/18$130,011$0$0$0$1,381$0$0$0$60,110$0$191,502$0$0$0
ISRAEL SINGER
VICE PRESIDENT - END 6/18$123,518$0$0$0$442$0$0$0$17,718$0$141,678$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ATRAVEL THE PRESIDENT AND SOME OF THE OFFICERS ARE PROVIDED WITH NONTAXABLE UPGRADED TRAVEL AND SPOUSAL TRAVEL ON CERTAIN TRIPS. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT AND PROVOST/SVP ACADEMIC AFFAIRS ARE PROVIDED A CORPORATE APARTMENT AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE UNIVERSITY. THE VALUE OF THE HOUSING BENEFIT FOR THE PRESIDENT AND PROVOST/SVP ACADEMIC AFFAIRS ARE INCLUDED AS A NONTAXABLE BENEFIT IN SCHEDULE J, PART II, COLUMN D. PERSONAL SERVICES THE PRESIDENT WAS PROVIDED WITH A CAR AND DRIVER FOR BUSINESS PURPOSES. THE VALUE OF THIS SERVICE IS INCLUDED AS A NONTAXABLE BENEFIT IN SCHEDULE J, PART II, COLUMN D.
PART I, LINE 1BBOARD APPROVAL THE BENEFITS PROVIDED TO THE PRESIDENT ARE APPROVED BY THE BOARD. BENEFITS PROVIDED TO THE OFFICERS ARE APPROVED BY THE PRESIDENT.
PART I, LINE 4BNONQUALIFIED DEFERRED COMPENSATION PLAN TOURO UNIVERSITY'S PRESIDENT PARTICIPATES IN A 457(F) DEFERRED COMPENSATION PLAN; AMOUNTS IN COLUMN (C) INCLUDE A DEFERRAL OF $79,998.
FORM 990, SCHEDULE J, PART II, COLUMN DNONTAXABLE BENEFITS NONTAXABLE BENEFITS, AS APPLICABLE, INCLUDE QUALIFIED TUITION REDUCTION, PARSONAGE ALLOWANCES AND QUALIFIED BENEFITS UNDER TOURO'S CAFETERIA PLAN. CERTAIN INDIVIDUALS ARE REQUIRED TO LIVE IN UNIVERSITY PROVIDED HOUSING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE UNIVERSITY; AS SUCH THOSE HOUSING AMOUNTS ARE NONTAXABLE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DORMITORY AUTHORITY OF THE STATE OF NY 2013A
A1460002930000000002013-12-18$19,520,000REFINANCE TAXABLE LOAN000
DORMITORY AUTHORITY OF THE STATE OF NY 2014A
B146000293649907M822014-06-26$59,716,460RENOVATE FACILITIES00Yes (1)
DORMITORY AUTHORITY OF THE STATE OF NY 2014
C1460002930000000002014-10-22$41,475,000REFINANCE TAXABLE LOAN000
DORMITORY AUTHORITY OF THE STATE OF NY 2017
D1460002936499OH6X32017-12-28$69,869,224ACQUIRE BUILDING000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtOther Spent ProceedsOtherSpentProceedsAmt
A$3,288,245$19,520,000$386,587$19,133,413200600Yes (1)Yes (1)
B$1,330,000$11,381,651$217,925$10,048,807201400Yes (1)Yes (1)$803,060$311,858
C$7,145,000$41,475,000$826,3652007Yes (1)0Yes (1)Yes (1)$40,648,634
D$69,880,489$1,397,384$57,502,028201900Yes (1)Yes (1)$6,221,379$4,759,697

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00Yes (1)Yes (1)000Yes (1)
B00Yes (1)Yes (1)000Yes (1)
C00Yes (1)Yes (1)000Yes (1)
D00Yes (1)Yes (1)000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
PEOPLES UNITED BANK
A00Yes (1)Yes (1)Yes (1)Yes (1)10.0000000000000000Yes (1)
(no name)
B000Yes (1)0000Yes (1)
(no name)
C00Yes (1)Yes (1)Yes (1)000Yes (1)
(no name)
D0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceDORMITORY AUTHORITY OF THE STATE OF NEW YORK 2014A:FormAndLineReferenceDesc
ExplanationPART I, LINE B - ISSUE PRICE (E) DOES NOT TIE TO PART II, COLUMN B, LINE 3 AS THE ISSUE IS A POOLED FINANCING. $10,805,000 PAR BENEFITS TOURO UNIVERSITY. THE OTHER BENEFICIARY OF THE POOLED FINANCING IS NEW YORK MEDICAL COLLEGE. DORMITORY AUTHORITY OF THE STATE OF NEW YORK 2017 PART II, COLUMN D, LINE 3 - THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. SCHEDULE K, PART III, LINE 3B: ANY MANAGEMENT OR SERVICE CONTRACTS THAT MAY RESULT IN PRIVATE BUSINESS USE OF BOND-FINANCED PROPERTY ARE INCIDENTAL AND/OR FALL UNDER A SAFE HARBOR PROVIDED. SCHEDULE K, PART IV, LINE 2B: THE SERIES 2013A AND 2014 (COLUMNS (A) AND (C)) BOND PROCEEDS HAVE BEEN SPENT. A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: (B) ISSUER NAME: DORMITORY AUTHORITY OF THE STATE OF NEW YORK 2014A DATE THE REBATE COMPUTATION WAS PERFORMED: 05/31/2019 DORMITORY AUTHORITY OF THE STATE OF NEW YORK 2020A: PART I, LINE A - ISSUE PRICE (E) DOES NOT TIE TO PART II, COLUMN B, LINE 3 AS THE ISSUE IS A POOLED FINANCING. $35,250,000 PAR BENEFITS TOURO UNIVERSITY. THE OTHER BENEFICIARY OF THE POOLED FINANCING IS NEW YORK MEDICAL COLLEGE.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1DORMITORY AUTHORITY OF THE STATE OF NY 2020ABusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN146000293BondIssuerEIN
CUSIP000000000CUSIPNum
Bond Issued2020-07-01BondIssuedDt
Issue Price$55,610,000IssuePriceAmt
PurposeACQUIRE AND RENOVATE FACILITYPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$35,262,455TotalProceedsAmt
In Reserve Fund$2,299,151InReserveFundAmt
Capitalized Interest$650,363CapitalizedInterestAmt
Issuance Costs From Proceeds$647,567IssuanceCostsFromProceedsAmt
Capital Expenditures$31,412,975CapitalExpendituresAmt
Unspent$252,400UnspentAmt
Refunding Tax Exempt Bonds0RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation Made0FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropYes (1)MgmtContractBondFincdPropInd
Engage Bond Counsel ContractsYes (1)EngageBondCounselContractsInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due YetYes (1)RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OFFICERSKEY EMPLOYEESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship With OrgVARIOUSRelationshipWithOrgTxt
Loan PurposePAYROLLLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$58,427OriginalPrincipalAmt
Balance Due$58,427BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written Agreement0WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$58,427TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (12 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
PHYLLIS LANDER
TTEE SPOUSE$53,923EMP. COMP.0
RICHARD WAXMAN
TTEE BROTHER IN LAW$146,007EMP. COMP.0
DEBRA WAXMAN
TTEE SISTER$69,794EMP. COMP.0
MOSHE FRIEDMAN
TTEE SON$89,182EMP. COMP.0
DAVID MIRSKY
TTEE SON IN LAW$109,373EMP. COMP.0
ESTHER BOYLAN
KEY EMPL SPOUSE$54,394EMP. COMP.0
EDNA DAVIS
KEY EMPL SISTER IN LAW$46,947EMP. COMP.0
ERIC GENACK
TTEE SON$36,802EMP. COMP.0
SHERRY KRUPKA
OFC SIBLING$97,633EMP. COMP.0
BENZION KRUPKA
OFC SIBLING$46,302EMP. COMP.0
RAPHAEL CSILLAG
TTEE SON IN LAW$123,056EMP. COMP.0
STEVEN ZULLER
TRUSTEE$391,856PRINTING SERVICES0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, SCHEDULE L, PART II, LOANS:FormAndLineReferenceDesc
ExplanationIN 2015 WHEN TOURO CONVERTED FROM A SEMI-MONTHLY TO A BI-WEEKLY PAYROLL, TOURO ADVANCED EIGHT DAYS OF SALARY TO SUBSTANTIALLY ALL EMPLOYEES TO COMPENSATE FOR THE BUILT-IN DELAY IN PROCESSING THE NEW BI-WEEKLY PAYROLL CYCLE. OF SUCH AMOUNT, $58,427 IS INCLUDED IN LOANS AND OTHER RECEIVABLES FROM CURRENT AND FORMER OFFICERS AND KEY EMPLOYEES, AND $2,590,523 FOR OTHER EMPLOYEES IS INCLUDED IN NOTES AND LOANS RECEIVABLE. SUCH AMOUNTS ARE EXPECTED TO BE REPAID AS EMPLOYEES LEAVE THE UNIVERSITY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
IMPACT OF COVID-19IN MARCH 2020, THE WORLD HEALTH ORGANIZATION DECLARED THE NOVEL CORONAVIRUS (COVID-19) A PANDEMIC. THE OUTBREAK OF THE DISEASE AFFECTED TRAVEL, COMMERCE, AND FINANCIAL MARKETS GLOBALLY, INCLUDING IN THE UNITED STATES. FOR THE 2021 -22 ACADEMIC YEAR, INSTRUCTION WAS CONDUCTED ON A HYBRID BASIS WHILE WORKING TO ENSURE A SAFE ENVIRONMENT FOLLOWING GUIDELINES FOR AVOIDANCE OF THE SPREAD OF THE COVID-19 VIRUS. IN RESPONSE TO COVID-19, THE UNITED STATES CONGRESS PASSED LEGISLATION PROVIDING FOR COVID-19 RELIEF THROUGH THE HIGHER EDUCATION EMERGENCY RELIEF FUNDS (HEERF). THE UNIVERSITY RECOGNIZED $17,549 IN GOVERNMENT GRANTS FOR RESEARCH AND SPONSORED PROJECTS RELATING TO HEERF. THE FUNDS WERE USED TO AWARD COVID-19 EMERGENCY RELIEF GRANTS TO STUDENTS AS WELL AS TO OFFSET COSTS INCURRED BY THE UNIVERSITY RELATED TO COVID-19. AS OF JUNE 30, 2022, APPROXIMATELY $13,526 OF ADDITIONAL HEERF FUNDING IS AVAILABLE TO PROVIDE STUDENT EMERGENCY GRANTS AND TO OFFSET INCREMENTAL INSTITUTIONAL EXPENDITURES DURING FISCAL 2023. THE AMOUNTS ARE CONDITIONAL AND HAVE NOT BEEN RECOGNIZED. IN ADDITION, TWO AFFILIATED ENTITIES RECEIVED LOANS UNDER THE PAYCHECK PROTECTION PROGRAM TOTALING APPROXIMATELY $1.6 MILLION DURING THE 2020 FISCAL YEAR. DURING FISCAL YEAR 2022, BOTH AFFILIATES RECEIVED APPROVAL FROM THE SMALL BUSINESS ADMINISTRATION THAT THE LOANS HAVE BEEN FORGIVEN.
PART III, LINE 1, MISSION STATEMENT:TOURO UNIVERSITY WAS ESTABLISHED PRIMARILY TO ENRICH THE JEWISH HERITAGE AND TO SERVE THE LARGER AMERICAN COMMUNITY. THE UNIVERSITY HAS AN UNDERGRADUATE CURRICULUM OFFERING BACHELOR AND ASSOCIATES DEGREES, GRADUATE PROGRAMS OFFERING MASTERS' DEGREES, AND PROFESSIONAL SCHOOLS INCLUDING A LAW SCHOOL, A SCHOOL OF HEALTH SCIENCES, A SCHOOL OF PHARMACY, A SCHOOL OF OSTEOPATHIC MEDICINE, AND A SCHOOL OF DENTISTRY. THE UNIVERSITY HAD AN AVERAGE ENROLLMENT OF APPROXIMATELY 12,000 DURING THE FISCAL YEAR.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW PROCESS: THE TOURO UNIVERSITY FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE CONTROLLER, OFFICERS AND THE AUDIT COMMITTEE OF THE BOARD OF THE ORGANIZATION THEN REVIEW THE FORM 990. A COPY OF THE FORM 990 IS THEN PROVIDED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY: THE ANNUAL BOARD QUESTIONNAIRE, WHICH REQUIRES DISCLOSURE OF CONFLICT INTEREST AND OTHER DETAILS, IS CIRCULATED TO ALL OF THE BOARD MEMBERS AND IS REVIEWED BY IN-HOUSE COUNSEL. OUR POLICIES REQUIRE THAT TRUSTEES, OFFICERS, AND KEY EMPLOYEES NOTIFY TOURO ANY TIME CONFLICTS OF INTEREST ARISE. IN THE EVENT THERE IS A CONFLICT OF INTEREST, OR AN APPEARANCE OF A CONFLICT OF INTEREST, THE INDIVIDUAL MUST RECUSE THEMSELVES FROM ANY DISCUSSIONS OR DECISIONS CONCERNING THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15AEXECUTIVE COMPENSATION: THE BOARD AND OFFICERS, WHO ARE FREE OF ANY CONFLICT, APPROVE EXECUTIVE HIRING DECISIONS. IN MAKING COMPENSATION AND EMPLOYEE BENEFIT DETERMINATIONS, CONSIDERATION IS GIVEN TO EXPERT REPORTS AND COMPENSATION TRENDS IN THE INDUSTRY, QUALIFICATIONS AND OTHER MERITS OF THE CANDIDATES. ALL SUCH DECISIONS ARE DOCUMENTED. COMPENSATION FOR SENIOR MANAGEMENT IS REVIEWED PERIODICALLY AND, WHEN APPLICABLE, WHEN THEIR CONTRACTS ARE RENEWED.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTATION AVAILABLE TO PUBLIC: THE UNIVERSITY MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
WARWICK ACADEMIC ASSOCIATES LLC
C/O TOURO UNIVERSITY 50 WEST 47TH SNEW YORKNY10036204236301HOLDING COMPANYNYTOURO UNIVERSITY
CENTER FOR HEALTH OUTCOME RESEARCH LLC
C/O TOURO UNIVERSITY 50 WEST 47TH SNEW YORKNY10036272347268RESEARCH CENTERDETOURO UNIVERSITY
INSTRUMENT LOGISTICS LLC
C/O TOURO UNIVERSITY 50 WEST 47TH SNEW YORKNY10036132676570SUPPORT TOURONYTOURO UNIVERSITY
TOURO MARE ISLAND LLC
C/O TOURO UNIVERSITY 50 WEST 47TH SNEW YORKNY10036263766690SUPPORT TOUROCATOURO UNIVERSITY
TUW LLC
1164 BISHOP ST 123 124 125HONOLULUHI10036133838740HOLDING COMPANYHITOURO UNIVERSITY
HTC LLC
50 WEST 47TH STNEW YORKNY10036475571364HOLDING COMPANYNYTOURO UNIVERSITY
TOURO UNIVERSITY MONTANA
3011 AMERICAN WAYMISSOULAMT59808871856562HOLDING COMPANYMTTOURO UNIVERSITY
225-227 WEST 60TH STREET LLC
225-227 W 60TH STNEW YORKNY10023030389211INACTIVENYTOURO UNIVERSITY
TOURO UNIVERSITY ILLINOIS
C/O TOURO UNIVERSITY 50 WEST 47TH SNEW YORKNY10023EDUCATIONILTOURO UNIVERSITY

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (15 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCd
TOURO UNIVERSITY (CALIFORNIA)
50 WEST 47TH STREETNEW YORKNY10018133838740EDUCATIONCA501(C)(3)2TOURO UNIVERSITYYes (1)
TOURO UNIVERSITY NEVADA
50 WEST 47TH STREETNEW YORKNY10018200362127EDUCATIONNV501(C)(3)2TOURO UNIVERSITYYes (1)
TOURO COLLEGE AND UNIVERSITY SYSTEM INC
50 WEST 47TH STREETNEW YORKNY10018680646771EDUCATIONNJ501(C)(3)2TOURO UNIVERSITYYes (1)
YESHIVAS OHR HACHAIM
50 WEST 47TH STREETNEW YORKNY10036112808947EDUCATIONNY501(C)(3)2TOURO UNIVERSITYYes (1)
RABBI DOV REVEL YESHIVA OF FOREST HILLS
50 WEST 47TH STREETNEW YORKNY10036111681674EDUCATIONNY501(C)(3)2TOURO UNIVERSITYYes (1)
TOURO LAW CENTER DEVELOPMENT FOUNDATION
50 WEST 47TH STREETNEW YORKNY10036133922718SUPPORT ORGNY501(C)(3)12A, ITOURO UNIVERSITYYes (1)
NYMC LLC
50 WEST 47TH STREETNEW YORKNY10036271481147MEMBER NYMCDE501(C)(3)12A, ITOURO UNIVERSITYYes (1)
NEW YORK MEDICAL COLLEGE
40 SUNSHINE COTTAGE ROADVALHALLANY10595131099420EDUCATIONNY501(C)(3)2TOURO UNIVERSITYYes (1)
PARTNERSHIP FOR A HEALTHY POPULATION
50 WEST 47TH STREETNEW YORKNY10036134038939HEALTH STUDYNY501(C)(3)7TOURO UNIVERSITYYes (1)
TOURO COLLEGE BERLIN GGMBH BERLIN
EDUCATIONTOURO UNIVERSITYYes (1)AM RUPERHORN 4BERLINGM14055GM
HEBREW THEOLOGICAL COLLEGE
7135 NORTH CARPENTER ROADSKOKIEIL60077362167095EDUCATIONIL501(C)(3)2TOURO UNIVERSITYYes (1)
THE BIOTECHNOLOGY INCUBATOR AT NYMC INC
40 SUNSHINE COTTAGE ROADVALHALLANY10595471682208RESEARCHNY501(C)(3)10NEW YORK MEDICAL COLLEGEYes (1)
TOURO UNIVERSITY MEDICAL GROUP
1805 N CALIFORNIA ST STE 201STOCKTONCA95204843416009HEALTH CARECA501(C)(3)3TOURO UNIVERSITY CALIFORNIAYes (1)
NYMC-SCHOOL OF MEDICINE FACULTY PRACTICE
40 SUNSHINE COTTAGE ROADVALHALLANY10595833709834HEALTH CARENY501(C)(3)10NEW YORK MEDICAL COLLEGEYes (1)
CONGREGATION BAIS DAVID
141-61 71ST AVENUEKEW GARDEN HILLSNY11367112819714RELIGIOUSNY501(C)(3)1TOURO UNIVERSITYYes (1)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
TOURO SPEECH AND HEARING CLINIC INC
1602 AVENUE JBROOKLYNNY11230134180235INACTIVENYN/AC1.00000Yes (1)
TOURO FOUNDATION CORPORATION
50 WEST 47TH STNEW YORKNY10036134014618INACTIVENYN/AC1.00000Yes (1)
TOURO UNIVERSITY FOUNDATION
50 WEST 47TH STNEW YORKNY10036943318585INACTIVECAN/AC1.00000Yes (1)
TOURO COLLEGE FOUNDATION FOR JEWISH STUDIES
50 WEST 47TH STNEW YORKNY10036133639225INACTIVENYN/AC1.00000Yes (1)
TOURO UNIVERSITY MEDICAL ASSOCIATES
1805 N CALIFORNIA ST STE 201STOCKTONCA95204843786336HEALTH CARECAN/AC1.00000Yes (1)
TOURO COLLEGE OF DENTAL MEDICINE FACULTY PRACTICE CORPORATION
50 WEST 47TH STNEW YORKNY10036871129539HEALTH CARENYN/AC1.00000Yes (1)
SPEECH LANGUAGE PATHOLOGY PC
40 SUNSHINE COTTAGE RDVALHALLANY10595720564834HEALTH CARENYN/ACYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (11 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
YESHIVAS OHR HACHAIM
P$8,178,835CASH TRANSFER
TOURO UNIVERSITY NEVADA
Q$10,515,400CASH TRANSFER
TOURO UNIVERSITY CALIFORNIA
Q$13,229,079CASH TRANSFER
TOURO UNIVERSITY NEVADA
R$12,440,784NET CASH TRANSFER
TOURO UNIVERSITY CALIFORNIA
R$18,619,319NET CASH TRANSFER
NYMC
Q$293,804CASH TRANSFER
TOURO LAW CENTER DEVELOPMENT FOUNDATION
D$108,789CASH TRANSFER
HEBREW THEOLOGICAL COLLEGE
C$2,482,797CASH RECEIVABLE
HEBREW THEOLOGICAL COLLEGE
B$1,600,000CASH TRANSFER
NYMC
K$3,156,600CASH TRANSFER
NYMC
O$365,958CASH TRANSFER

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE R, PART VFormAndLineReferenceDesc
ExplanationUNDER IRC SECTIONS 512(B)(13) AND 318, ORGANIZATIONS CONTROLLED BY TOURO UNIVERSITY ARE ATTRIBUTED CONSTRUCTIVE OWNERSHIP BETWEEN THE BROTHER/SISTER RELATED ENTITIES ON SCHEDULE R. ALL TRANSACTIONS WITH DIRECTLY CONTROLLED ORGANIZATIONS ARE REPORTED ON PART V, LINE 2.ExplanationTxt