2021-05-14T13:46:53-05:00 2020-06-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2019-07-01 135645885 NEW YORK LAW SCHOOL NEWY 2124312100 185 WEST BROADWAY NEW YORK NY 10013 PLACHIKKAT V ANANTHARAM SENIOR VP, CFO AND TREASURER 2124312100 2021-05-13 1 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2021-05-13 2019 2022-09-23 18:48:47Z ANTHONY W CROWELL 185 WEST BROADWAY NEW YORK NY 10013 116990855 0 X WWW.NYLS.EDU X 1891 NY THE MISSION OF NEW YORK LAW SCHOOL IS TO PROVIDE ITS STUDENTS WITH KNOWLEDGE, SKILL (SEE SCHEDULE O) AND ETHICAL VALUES NEEDED FOR A CAREER IN LAW. 27 26 676 26 0 0 4009977 3837129 52571644 59215789 20970146 7353842 1191037 5239089 78742804 75645849 22419628 26282190 0 0 27581560 28662601 0 0 1213275 32713873 32134914 82715061 87079705 -3972257 -11433856 344424770 325648327 171535518 170692028 172889252 154956299 THE MISSION OF NEW YORK LAW SCHOOL IS TO PROVIDE ITS STUDENTS WITH KNOWLEDGE, SKILLS AND ETHICAL VALUES NEEDED FOR A CAREER IN LAW. 0 0 74991903 26282190 59246315 HIGHER EDUCATION INSTRUCTION: TO OFFER A VIBRANT, DIVERSE, AND FORWARD-THINKING CENTER OF LEGAL STUDIES WHERE STUDENTS DEVELOP THE KNOWLEDGE, SKILLS, AND PROFESSIONAL VALUES TO SERVE THEIR CLIENTS AND HAVE SUCCESSFUL CAREERS ADVANCING JUSTICE, BUILDING THE ECONOMY, AND SERVING THE VARIOUS NEEDS OF MODERN SOCIETY. 1121 STUDENTS ENROLLED IN THE JD AND LLM PROGRAMS. 328 GRADUATED DURING THE 2019/2020 PROGRAM YEAR. 74991903 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 58 0 1 676 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NY X SUSAN REDLER VICE PRESIDENT FOR FI 2124312100 185 WEST BROADWAY NEW YORK NY 10013 ALAN J SCHNURMAN TRUSTEE 1.00 X 0 0 0 ANTHONY W CROWELL DEAN AND PRESIDENT 70.00 X X 577898 0 44209 ARTHUR N ABBEY CHAIRMAN OF THE BOARD 5.00 X X 0 0 0 CHARLES E PHILLIPS TRUSTEE 1.00 X 0 0 0 CYNTHIA G SENKO ROSICKI TRUSTEE 1.00 X 0 0 0 DAVID B CORNSTEIN TRUSTEE (OUTGOING) 1.00 X 0 0 0 EMERSON S MOORE II TRUSTEE 1.00 X 0 0 0 ERROL B TAYLOR TRUSTEE 1.00 X 0 0 0 GERALD C CROTTY VICE CHAIR 1.00 X X 0 0 0 HON ERNST H ROSENBERGER VICE CHAIR 1.00 X X 0 0 0 HON MARC WHITEN TRUSTEE 1.00 X 0 0 0 JEFFREY D KNOWLES VICE CHAIR 1.00 X X 0 0 0 JOE PLUMERI TRUSTEE 1.00 X 0 0 0 JOHN D MCMAHON TRUSTEE 1.00 X 0 0 0 JOHN E ESTES TRUSTEE 1.00 X 0 0 0 JOHN J REDDY JR TRUSTEE 1.00 X 0 0 0 LAWRENCE N FIELD TRUSTEE (OUTGOING) 1.00 X 0 0 0 MERYL FIEDLER LIEBERMAN TRUSTEE 1.00 X 0 0 0 MICHAEL A COSTA TRUSTEE 1.00 X 0 0 0 NORMAN RADOW TRUSTEE 1.00 X 0 0 0 PAMELA FOSTER TRUSTEE 1.00 X 0 0 0 PAUL L PORRETTA TRUSTEE (OUTGOING) 1.00 X 0 0 0 ROSS F MOSKOWITZ TRUSTEE 1.00 X 0 0 0 STEVEN E PEGALIS TRUSTEE 1.00 X 0 0 0 SUSAN B MENDIK TRUSTEE 1.00 X 0 0 0 SUSAN HINKSON TRUSTEE 1.00 X 0 0 0 SYBIL SHAINWALD TRUSTEE (OUTGOING) 1.00 X 0 0 0 VINCENT A CARBONELL TRUSTEE 1.00 X 0 0 0 ZYGMUNT WILF TRUSTEE 1.00 X 0 0 0 MATTHEW GEWOLB SECRETARY 45.00 X 200756 0 6113 STUART A KLEIN EVP/CFO/TREASURER 45.00 X 310673 0 21938 WILLIAM P LAPIANA ASSOCIATE DEAN 45.00 X 286826 0 65870 GERALD KORNGOLD FACULTY 35.00 X 292126 0 65871 JEFFREY HASS FACULTY 35.00 X 281807 0 51613 LLOYD BONFIELD FACULTY 35.00 X 284762 0 35603 MARIANA HOGAN FACULTY 35.00 X 264616 0 31974 RICHARD CHUSED FACULTY 35.00 X 268144 0 17411 2767608 0 340602 89 0 1 0 ERNST & YOUNG LLP PO BOX 640382 PITTSBURGH PA 15264 CONSULTING 495755 ADAPTIGROUP LLC 33 N DEARBORN ST CHICAGO IL 60602 STUDENT SERVICES 387700 PATTERSON BELKNAP WEBB & TYLER 1133 AVENUE OF THE AMERICAS NEW YORK NY 10003 LEGAL SERVICES 149454 BERLIN ROSEN LTD 5 MAIDEN LANE STE 1600 NEW YORK NY 10038 CONSULTING 127500 PIEPER BAR REVIEW 90 WILLIS AVENUE MINEOLA NY 11501 EDUCATIONAL SERVICES 110000 5 823842 3013287 10248 3837129 TUITION & FEES 611710 57626681 57626681 STUDENT ROOM & BOARD 611710 1310005 1310005 AUXILIARY 611710 244371 244371 SUBSCRIPTION REVENUE 611710 34732 34732 59215789 5394485 5394485 842897 0 842897 842897 842897 41304363 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87079705 PART III, LINE 4: VARIOUS ART COLLECTIONS WERE GIVEN TO FURTHER THE CREATIVITY AND FREEDOM OF EXPRESSION OF ARTISTS AND LAWYERS IN THEIR RESPECTIVE FIELDS, AND TO FURTHER THE ONGOING AND NECESSARY DIALOGUE AND INFLUENCE BETWEEN THOSE TWO DISCIPLINES ESSENTIAL TO THE QUALITY OF LIFE AND VIBRANCE OF NY TRIBECA AND THE DOWNTOWN COMMUNITY WHICH SERVES AS HOME TO NYLS. PART V, LINE 4: NEW YORK LAW SCHOOL'S ENDOWMENT CONSISTS OF A NUMBER OF FUNDS SET UP BY DONORS FOR DIFFERENT PURPOSES. THE FUNDING IS USED FOR SCHOLARSHIPS, FACULTY RESEARCH, FACULTY PROGRAMS, AND OTHER COSTS IN ACCORDANCE WITH DONOR RESTRICTIONS. NYLS HAS ADOPTED INVESTMENT SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT. PART X, LINE 2: THE SCHOOL BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2020 AND 2019 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP PAYMENTS -26,282,190. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP PAYMENTS 26,282,190. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS POSTED ON SCHOOL WEBSITE AND PRINTED IN THE RECRUITMENT AND APPLICATION MATERIALS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES GRANTS FROM THE DEPARTMENT OF EDUCATION. EUROPE 0 0 INVESTMENT 1883310 0 0 0 0 0 0 1883310 0 1883310 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 SCHOLARSHIP AND GRANTS 825 26282190 FAIR MARKET VALUE PART I, LINE 2: THE SCHOLARSHIPS AWARDED ARE MONITORED THROUGHOUT THE SEMESTER. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 ANTHONY W CROWELL DEAN AND PRESIDENT 490963 0 53370 0 33565 0 25245 0 18964 0 622107 0 0 0 MATTHEW GEWOLB SECRETARY 195292 0 5000 0 464 0 4590 0 1523 0 206869 0 0 0 STUART A KLEIN EVP/CFO/TREASURER 270565 0 15000 0 25108 0 14750 0 7188 0 332611 0 0 0 WILLIAM P LAPIANA ASSOCIATE DEAN 267468 0 5000 0 14358 0 14000 0 51870 0 352696 0 0 0 GERALD KORNGOLD FACULTY 285268 0 0 0 6858 0 14000 0 51871 0 357997 0 0 0 JEFFREY HASS FACULTY 219485 0 0 0 62322 0 11040 0 40573 0 333420 0 0 0 LLOYD BONFIELD FACULTY 241964 0 0 0 42798 0 12609 0 22994 0 320365 0 0 0 MARIANA HOGAN FACULTY 224033 0 0 0 40583 0 11225 0 20749 0 296590 0 0 0 RICHARD CHUSED FACULTY 262144 0 0 0 6000 0 13260 0 4151 0 285555 0 0 0 PART I, LINE 1A ANTHONY CROWELL RECEIVED A HOUSING ALLOWANCE OF $25,000, WHICH IS INCLUDED IN PART II, COLUMN B(III). PART I, LINE 7 THE COMPENSATION COMMITTEE OF THE BOARD APPROVED THE BONUSES. PART II, COLUMN (B)(III): AMOUNT IN THIS COLUMN FOR ANTHONY CROWELL AND STUART A. KLEIN REPRESENT A CONTRIBUTION OF $7,755 AND $18,250 RESPECTIVELY TO A 457(B) PLAN. FOR THE OTHERS PART OF THE AMOUNT INCLUDES ADJUNCT PAYMENT. A BUILD NYC SERIES 2017 454040561 12008EKV7 2016-01-01 605000 REFINANCING 0 1 0 B BUILD NYC SERIES 2018 454040561 12008EKW5 2016-01-01 1180000 REFINANCING 0 1 0 C BUILD NYC SERIES 2019 454040561 12008EKX3 2016-01-01 1930000 REFINANCING 0 1 0 D BUILD NYC SERIES 2020 454040561 12008EKY1 2016-01-01 2025000 REFINANCING 0 1 0 A 605000 11106 593894 1 0 1 1 B 1180000 21661 1158339 1 0 1 1 C 1930000 35429 1894571 1 0 1 1 D 2025000 37172 1987828 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A BUILD NYC SERIES 2021 454040561 12008EKZ8 2016-01-01 2125000 REFINANCING 0 1 0 B BUILD NYC SERIES 2022 454040561 12008ELA2 2016-01-01 3010000 REFINANCING 0 1 0 C BUILD NYC SERIES 2023 454040561 12008ELB0 2016-01-01 3165000 REFINANCING 0 1 0 D BUILD NYC SERIES 2024 454040561 12008ELC8 2016-01-01 3320000 REFINANCING 0 1 0 A 2125000 39008 2085992 1 0 1 1 B 3010000 55254 2954746 1 0 1 1 C 3165000 58099 3106901 1 0 1 1 D 3320000 60944 3259056 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A BUILD NYC SERIES 2025 454040561 12008ELD6 2016-01-01 3485000 REFINANCING 0 1 0 B BUILD NYC SERIES 2026 454040561 12008ELE4 2016-01-01 3660000 REFINANCING 0 1 0 C BUILD NYC SERIES 2027 454040561 12008ELF1 2016-01-01 3845000 REFINANCING 0 1 0 D BUILD NYC SERIES 2028 454040561 12008ELG9 2016-01-01 4035000 REFINANCING 0 1 0 A 3485000 63973 3421027 1 0 1 1 B 3660000 67186 3592814 1 0 1 1 C 3845000 70582 3774418 1 0 1 1 D 4035000 74069 3960931 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A BUILD NYC SERIES 2029 454040561 12008ELH7 2016-01-01 4240000 REFINANCING 0 1 0 B BUILD NYC SERIES 2030 454040561 12008ELJ3 2016-01-01 4450000 REFINANCING 0 1 0 C BUILD NYC SERIES 2031 454040561 12008ELK0 2016-01-01 4675000 REFINANCING 0 1 0 D BUILD NYC SERIES 2032 454040561 12008ELL8 2016-01-01 4905000 REFINANCING 0 1 0 A 4240000 77833 4162167 1 0 1 1 B 4450000 81687 4368313 1 0 1 1 C 4675000 85818 4589182 1 0 1 1 D 4905000 90040 4814960 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A BUILD NYC SERIES 2033 454040561 12008ELM6 2016-01-01 5085000 REFINANCING 0 1 0 B BUILD NYC SERIES 2034 454040561 12008ELN4 2016-01-01 5340000 REFINANCING 0 1 0 C BUILD NYC SERIES 2035 454040561 12008ELP9 2016-01-01 5605000 REFINANCING 0 1 0 D BUILD NYC SERIES 2036 454040561 12008ELS3 2016-01-01 5885000 REFINANCING 0 1 0 A 5085000 93344 4991656 1 0 1 1 B 5340000 98025 5241975 1 0 1 1 C 5605000 102890 5502110 1 0 1 1 D 5885000 108029 5776971 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A TERM BOND 2041 454040561 12008ELR5 2016-01-01 34150000 REFINANCING 0 1 0 B TERM BOND 2045 454040561 12008ELQ7 2016-01-01 33490000 REFINANCING 0 1 0 A 34150000 626883 33523117 1 0 1 1 B 33490000 614767 32875233 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 1 B 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED AND APPROVED BY THE AUDIT COMMITTEE AND THEN PRESENTED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED TO AND COMPLETED BY THE MEMBERS OF THE BOARD OF TRUSTEES OF THE SCHOOL ON AN ANNUAL BASIS. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR NOTIFYING THE BOARD OF ANY DISCLOSED CONFLICTS. A CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO ALL EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS TO ESTABLISH THE RATES OF COMPENSATION FOR THE DEAN AND PRESIDENT AS WELL AS THE ASSOCIATE DEAN FOR ACADEMIC AFFAIRS AND STUDENT ENGAGEMENT AND THE EXECUTIVE VICE PRESIDENT / CHIEF FINANCIAL OFFICER STARTED WITH A STUDY BY AN INDEPENDENT COMPENSATION CONSULTANT. THE STUDY REVIEWED COMPENSATION AT SIMILAR HIGHER EDUCATIONAL INSTITUTIONS AND CONSIDERED SIZE, SCOPE OF PROGRAM, AND GEOGRAPHIC REGION. THE COMPLETED STUDY WAS THEN REVIEWED AND A RESULTING COMPENSATION PACKAGE WAS APPROVED BY THE INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES' EXECUTIVE COMMITTEE, ACTING AS THE COMPENSATION COMMITTEE. THE APPROVED PACKAGE WAS THEN DOCUMENTED AND TRANSMITTED TO THE VICE PRESIDENT OF HUMAN RESOURCES FOR IMPLEMENTATION. FORM 990, PART VI, SECTION C, LINE 19 THE NEW YORK LAW SCHOOL MAKES ITS GOVERNING DOCUMENTS, FORM 990 AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: AMORTIZATION OF BOND PREMIUM 439,455. CHANGE IN PENSION BENEFIT OBLIGATION 2,097,945. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NEW YORK LAW SCHOOL LEGAL SERVICES INC 185 WEST BROADWAY NEW YORK NY 10013 300574492 SUPPORT EDUCATIONAL PROGRAMS NY 501(C)(3) LINE 7 NEW YORK LAW SCHOOL 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0