NEW YORK INSTITUTE OF TECHNOLOGY: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- NEW YORK INSTITUTE OF TECHNOLOGY (EIN 11-1788788)
- Tax period
- 2014-09-01 to 2015-08-31
- Filed
- 2016-07-12
- IRS object ID
- 201621949349300647
- Schema version
- 2014v6.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-07-12T15:31:00-05:00 | ReturnTs |
| Tax Period End | 2015-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 Park Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101540102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 111788788 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New York Institute of Technology | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % BARBARA HOLAHAN | InCareOfNm |
| Business Name Control | NEWY | BusinessNameControlTxt |
| Phone | 5166867533 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NORTHERN BLVD GERRY HOUSE SUITE 200 | AddressLine1Txt |
| City | OLD WESTBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11568 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEONARD AUBREY | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 5166867533 | PhoneNum |
| Signature | 2016-07-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DEVIN L DUNCAN | PreparerPersonNm |
| PTIN | P01249521 | PTIN |
| Phone | 2127589700 | PhoneNum |
| Preparation | 2016-07-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR EDWARD GUILIANO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NORTHERN BLVD GERRY HOUSE | AddressLine1Txt |
| City | OLD WESTBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11568 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $384,051,001 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NYIT.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1955 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE CAREER-ORIENTED PROFESSIONAL EDUCATION; GIVE ALL QUALIFIED STUDENTS ACCESS TO OPPORTUNITY; SUPPORT APPLICATIONS-ORIENTED RESEARCH THAT BENEFITS THE LARGER WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 3054 | TotalEmployeeCnt |
| Total Volunteers | 18 | TotalVolunteersCnt |
| Total Gross UBI | $2,588,050 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$399,523 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $8,708,248 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,403,763 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $259,069,898 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $289,726,080 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,380,252 | PYInvestmentIncomeAmt |
| CY Investment Income | $287,821 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,753,684 | PYOtherRevenueAmt |
| CY Other Revenue | $3,694,651 | CYOtherRevenueAmt |
| PY Total Revenue | $276,912,082 | PYTotalRevenueAmt |
| CY Total Revenue | $299,112,315 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $43,011,407 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $44,443,672 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $130,896,014 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $141,291,661 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,875,127 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $91,312,191 | PYOtherExpensesAmt |
| CY Other Expenses | $91,286,060 | CYOtherExpensesAmt |
| PY Total Expenses | $265,219,612 | PYTotalExpensesAmt |
| CY Total Expenses | $277,021,393 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $11,692,470 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $22,090,922 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $344,308,401 | TotalAssetsBOYAmt |
| Total Assets EOY | $324,054,884 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $202,300,481 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $180,593,928 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $142,007,920 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $143,460,956 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDE CAREER-ORIENTED PROFESSIONAL EDUCATION; GIVE ALL QUALIFIED STUDENTS ACCESS TO OPPORTUNITY; SUPPORT APPLICATIONS-ORIENTED RESEARCH THAT BENEFITS THE LARGER WORLD. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $252,307,480 | ExpenseAmt |
| Grant | $44,344,097 | GrantAmt |
| Revenue | $284,013,369 | RevenueAmt |
| Desc | NYIT PROVIDES UNDERGRADUATE, GRADUATE, AND DOCTORAL INSTRUCTION TO A DIVERSE STUDENT POPULATION APPROXIMATELY 10,639 STUDENTS ATTENDED THE INSTITUTION LAST YEAR AND 2,465 GRADUATED | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,207,749 | ExpenseAmt |
| Revenue | $2,543,344 | RevenueAmt |
| Desc | MEDICAL OUTREACH CENTERS PROVIDE TRAINING TO STUDENTS AND NEEDED MEDICAL SERVICES TO THE COMMUNITY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,169,367 | ExpenseAmt |
| Grant | $99,575 | GrantAmt |
| Revenue | $3,169,367 | RevenueAmt |
| Desc | NYIT PERFORMED RESEARCH FOR THE FEDERAL, STATE, AND LOCAL GOVERNMENTS AS WELL AS RESEARCH FOR OTHER ORGANIZATIONS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $260,684,596 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | Yes (true) | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 260 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 3054 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | JO | ForeignCountryCd |
| Foreign Country | EG | ForeignCountryCd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | BA | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BARBARA HOLAHAN | PersonNm |
| Phone | 5166867533 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NORTHERN BLVD GERRY HOUSE RM 200 | AddressLine1Txt |
| City | OLD WESTBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11568 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Dr Edward Guiliano | ||||||||||
| President and CEO | 60.0 | 0.0 | Yes (X) | Yes (X) | $1,171,245 | $0 | $48,733 | |||
| Linda Davila | ||||||||||
| CHAIRPERSON | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Bharat B Bhatt | ||||||||||
| VICE CHAIRPERSON | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Peter A Ferentinos | ||||||||||
| TRUSTEE | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Deborah Verderame Marciano | ||||||||||
| TRUSTEE | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Cristina L Mendoza ESQ | ||||||||||
| TRUSTEE | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Eli Wachtel | ||||||||||
| TRUSTEE (Term ended 9/2014) | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Michael J Merlo | ||||||||||
| TRUSTEE | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Ernie Anastos | ||||||||||
| TRUSTEE | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Gen Richard A Cody | ||||||||||
| TRUSTEE | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Robert E Evanson | ||||||||||
| TRUSTEE | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Alan C Guarino | ||||||||||
| TRUSTEE | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Lady Barbara Judge | ||||||||||
| TRUSTEE (Term ended 9/2014) | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Peter J Romano | ||||||||||
| TRUSTEE | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Kevin D Silva | ||||||||||
| TRUSTEE | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Robert A Wild ESQ | ||||||||||
| TRUSTEE | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Philip Fasano | ||||||||||
| Trustee (As of March 2015) | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Itzhak Fisher | ||||||||||
| Trustee (As of March 2015) | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Monte N Redman | ||||||||||
| Trustee (As of May 2015) | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Leonard Aubrey | ||||||||||
| Treasurer and CFO | 40.0 | 0.0 | Yes (X) | $321,108 | $0 | $49,386 | ||||
| Catherine Flickinger | ||||||||||
| Secretary and General Counsel | 40.0 | 0.0 | Yes (X) | $316,137 | $0 | $54,244 | ||||
| Barbara J Holahan | ||||||||||
| Controller (as of nov. 2014) | 40.0 | 0.0 | Yes (X) | $25,438 | $0 | $583 | ||||
| Ronald Maggiore | ||||||||||
| Vice President | 40.0 | 0.0 | $206,442 | $0 | $29,541 | Yes (X) | ||||
| Barbara Ross-Lee | ||||||||||
| VP Health Affairs | 40.0 | 0.0 | $336,789 | $0 | $41,293 | Yes (X) | ||||
| Ibrahim Bodur | ||||||||||
| VP IT and Infrastructure | 40.0 | 0.0 | $256,392 | $0 | $45,240 | Yes (X) | ||||
| Rahmat Shoureshi | ||||||||||
| Provost and VP of Academic Aff | 40.0 | 0.0 | $404,091 | $0 | $61,762 | Yes (X) | ||||
| John Elizandro | ||||||||||
| VP Development | 40.0 | 0.0 | $308,351 | $0 | $52,039 | Yes (X) | ||||
| Wolfgang Gilliar | ||||||||||
| Dean Medical School | 40.0 | 0.0 | $347,818 | $0 | $63,845 | Yes (X) | ||||
| Dr Anthony Martin Gerdes | ||||||||||
| Professor & Chair | 40.0 | 0.0 | $296,959 | $0 | $48,423 | Yes (X) | ||||
| NANCY BONO | ||||||||||
| ASST PROFESSOR & CHAIR FAM MED | 40.0 | 0.0 | $263,592 | $0 | $55,236 | Yes (X) | ||||
| JESS BORONICO | ||||||||||
| DEAN - SCHOOL OF MANAGEMENT | 40.0 | 0.0 | $302,664 | $0 | $18,200 | Yes (X) | ||||
| Daniel McGovern | ||||||||||
| Asst Treasurer and Controller | 40.0 | 0.0 | $216,485 | $0 | $19,586 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,773,511 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $588,111 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 310 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NORTON ROSE FULBRIGHT US LLP | |||||
| 666 FIFTH AVENUE | NEW YORK | NY | 101033198 | LEGAL | $357,058 |
| PRICEWATERHOUSECOOPERS LLP | |||||
| PO BOX 7247-8001 | PHILADELPHIA | PR | 191708001 | ACCOUNTING | $205,435 |
| LANE ASSOCIATES | |||||
| PO BOX 126 | ISLAND PARK | NY | 115580126 | REPAIR & MAINTENaNCE | $199,287 |
| AEQUITAS LLC | |||||
| 575 MADISON AVE SUITE 1006 | NEW YORK | NY | 10022 | CONSULTING | $180,000 |
| VHB ENGINEERING SURVEYING LANDSCA | |||||
| 100 MOTOR PARKWAY SUITE 135 | HAUPPAUGE | NY | 071880893 | LANDSCAPING | $175,004 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 124 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $36,168 | FundraisingAmt |
| Government Grants | $3,870,841 | GovernmentGrantsAmt |
| All Other Contributions | $1,496,754 | AllOtherContributionsAmt |
| Total Contributions | $5,403,763 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $264,688,962 | $264,688,962 |
| AUXILIARY ACTIVITIES | 721310 | $15,199,760 | $15,199,760 |
| EDUCATIONAL ACTIVITIES | 611600 | $2,543,344 | $2,543,344 |
| OTHER | 900099 | $7,294,014 | $7,294,014 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $289,726,080 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,160,759 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $3,431 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,157,328 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,863 | TotalRevenueColumnAmt |
| Exclusion | $1,863 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $909,352 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $909,352 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $909,352 | TotalRevenueColumnAmt |
| Exclusion | $909,352 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $83,574,982 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $84,447,920 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$872,938 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$872,938 | TotalRevenueColumnAmt |
| Exclusion | -$872,938 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $31,021 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $36,168 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $41,057 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$10,036 | TotalRevenueColumnAmt |
| Exclusion | -$10,036 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $3,243,181 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $449,709 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,793,472 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $2,584,619 | UnrelatedBusinessRevenueAmt |
| Exclusion | $208,853 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $299,112,315 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $289,726,080 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,588,050 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,394,422 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,575 | TotalAmt |
| Program Services | $99,575 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,344,097 | TotalAmt |
| Program Services | $44,344,097 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,570,004 | TotalAmt |
| Program Services | $3,427,204 | ProgramServicesAmt |
| Management And General | $142,800 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,339,963 | TotalAmt |
| Program Services | $94,771,261 | ProgramServicesAmt |
| Management And General | $3,953,077 | ManagementAndGeneralAmt |
| Fundraising | $615,625 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,884,195 | TotalAmt |
| Program Services | $5,613,694 | ProgramServicesAmt |
| Management And General | $234,156 | ManagementAndGeneralAmt |
| Fundraising | $36,345 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,355,344 | TotalAmt |
| Program Services | $23,239,101 | ProgramServicesAmt |
| Management And General | $969,316 | ManagementAndGeneralAmt |
| Fundraising | $146,927 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,142,155 | TotalAmt |
| Program Services | $7,769,244 | ProgramServicesAmt |
| Management And General | $324,058 | ManagementAndGeneralAmt |
| Fundraising | $48,853 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,048,195 | TotalAmt |
| Program Services | $1,006,733 | ProgramServicesAmt |
| Management And General | $41,462 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $348,252 | TotalAmt |
| Program Services | $334,322 | ProgramServicesAmt |
| Management And General | $13,930 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,639 | TotalAmt |
| Management And General | $102,639 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,103 | TotalAmt |
| Management And General | $246,103 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,243,130 | TotalAmt |
| Program Services | $9,286,939 | ProgramServicesAmt |
| Management And General | $881,741 | ManagementAndGeneralAmt |
| Fundraising | $74,450 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,164,905 | TotalAmt |
| Program Services | $1,645,062 | ProgramServicesAmt |
| Management And General | $138,838 | ManagementAndGeneralAmt |
| Fundraising | $381,005 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,715,559 | TotalAmt |
| Program Services | $9,644,003 | ProgramServicesAmt |
| Management And General | $750,089 | ManagementAndGeneralAmt |
| Fundraising | $321,467 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,649,081 | TotalAmt |
| Program Services | $23,663,118 | ProgramServicesAmt |
| Management And General | $985,963 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,261,107 | TotalAmt |
| Program Services | $2,040,916 | ProgramServicesAmt |
| Management And General | $85,038 | ManagementAndGeneralAmt |
| Fundraising | $135,153 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,985,292 | TotalAmt |
| Program Services | $1,829,019 | ProgramServicesAmt |
| Management And General | $76,209 | ManagementAndGeneralAmt |
| Fundraising | $80,064 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,906,781 | TotalAmt |
| Program Services | $2,796,521 | ProgramServicesAmt |
| Management And General | $110,260 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,183,284 | TotalAmt |
| Program Services | $14,575,148 | ProgramServicesAmt |
| Management And General | $608,136 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,047,587 | TotalAmt |
| Program Services | $6,730,446 | ProgramServicesAmt |
| Management And General | $281,903 | ManagementAndGeneralAmt |
| Fundraising | $35,238 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| EQUIPMENT RENTAL AND MAINT | $4,238,512 | $4,068,967 | $169,545 |
| INTERNATIONAL PROGRAMS | $2,073,445 | $1,990,300 | $83,145 |
| GLOBAL PROGRAM EXPENSES | $987,778 | $948,267 | $39,511 |
| BAD DEBT | $852,034 | $852,034 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,232,376 | TotalAmt |
| Program Services | $8,625 | ProgramServicesAmt |
| Management And General | $4,223,751 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $277,021,393 | TotalAmt |
| Program Services | $260,684,596 | ProgramServicesAmt |
| Management And General | $14,461,670 | ManagementAndGeneralAmt |
| Fundraising | $1,875,127 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,762,233 | BOYAmt |
| EOY | $44,079,715 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,492,728 | BOYAmt |
| EOY | $17,722,135 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,086,420 | BOYAmt |
| EOY | $15,349,809 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,663 | BOYAmt |
| EOY | $109,610 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,975,249 | BOYAmt |
| EOY | $3,382,262 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $278,890,087 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $136,282,924 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,327,255 | BOYAmt |
| EOY | $142,607,163 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,459,549 | BOYAmt |
| EOY | $47,658,370 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,863,887 | BOYAmt |
| EOY | $21,002,152 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,232,417 | BOYAmt |
| EOY | $32,143,668 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $344,308,401 | BOYAmt |
| EOY | $324,054,884 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,317,000 | BOYAmt |
| EOY | $36,843,205 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,079,874 | BOYAmt |
| EOY | $57,007,614 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,318,757 | BOYAmt |
| EOY | $60,733,323 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,240,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,344,850 | BOYAmt |
| EOY | $26,009,786 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,300,481 | BOYAmt |
| EOY | $180,593,928 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,022,953 | BOYAmt |
| EOY | $136,715,239 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,859,080 | BOYAmt |
| EOY | $4,311,006 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,125,887 | BOYAmt |
| EOY | $2,434,711 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,007,920 | BOYAmt |
| EOY | $143,460,956 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $344,308,401 | BOYAmt |
| EOY | $324,054,884 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $22,090,922 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,371,548 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$17,693,393 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$1,572,945 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $102,639 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $102,639 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
| Form4720 Filed4912 Tax | false | Form4720Filed4912TaxInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | lobbying expenses | FormAndLineReferenceDesc |
| Explanation | schedule c, part ii-b, line 1g NYIT has engaged Brown and Weinraub PLLC to work with key policymakers in the Executive and the State Legislature to explore opportunities, and to build support for NYIT's development of its Central Islip property. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Historic Structure | Yes (X) | HistoricStructureInd |
| Total Easements | 1 | TotalEasementsCnt |
| Total Acreage | 32.00 | TotalAcreageCnt |
| Historic Structure Easements | 1 | HistoricStructureEasementsCnt |
| Historic Strctr Easements Aftr | 1 | HistoricStrctrEasementsAftrCnt |
| Modified Easements | 0 | ModifiedEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
| Section170h Rqr Stsfd | false | Section170hRqrStsfdInd |
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $100,551,291 | BeginningYearBalanceAmt |
| Contributions | $1,681,281 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,678,622 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $55,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $100,498,950 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $104,325,196 | BeginningYearBalanceAmt |
| Contributions | $765,114 | ContributionsAmt |
| Investment Earnings Or Losses | $7,454,273 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $25,292 | GrantsOrScholarshipsAmt |
| End Year Balance | $112,519,291 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $100,798,203 | BeginningYearBalanceAmt |
| Contributions | $1,425,424 | ContributionsAmt |
| Investment Earnings Or Losses | $3,226,974 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,119,405 | OtherExpendituresAmt |
| End Year Balance | $104,325,196 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $93,622,898 | BeginningYearBalanceAmt |
| Contributions | $2,528,150 | ContributionsAmt |
| Investment Earnings Or Losses | $4,653,155 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $100,798,203 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $88,263,233 | BeginningYearBalanceAmt |
| Contributions | $153,980 | ContributionsAmt |
| Investment Earnings Or Losses | $5,214,023 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,338 | GrantsOrScholarshipsAmt |
| End Year Balance | $93,622,898 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.94916 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.01797 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.03288 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,798,837 | OtherCostOrOtherBasisAmt |
| Book Value | $4,798,837 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $199,144,225 | OtherCostOrOtherBasisAmt |
| Depreciation | $104,191,925 | DepreciationAmt |
| Book Value | $94,952,300 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $66,364,287 | OtherCostOrOtherBasisAmt |
| Depreciation | $32,090,999 | DepreciationAmt |
| Book Value | $34,273,288 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,582,738 | OtherCostOrOtherBasisAmt |
| Book Value | $8,582,738 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $142,607,163 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| HEDGE FUNDS | $15,877,419 | F |
| PARTNERSHIP & OTHER INVESTM. | $5,124,733 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $21,002,152 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| INVESTMENTS IN REAL ESTATE-FMV | $31,234,000 |
| OTHER ASSETS | $909,668 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $32,143,668 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| POST-RETIREMENT HEALTH BENEFIT | $9,582,367 |
| REFUNDABLE GRANTS AND US GOVT | $16,427,419 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $26,009,786 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| CONSERVATION EASEMENT | SCHEDULE D, PART II, LINE 9 NYIT REPORTS CONSERVATION EASEMENTS ON THE BALANCE SHEET AS INVESTMENTS IN REAL ESTATE AT FAIR VALUE. |
| USE OF ENDOWMENT FUNDS | Schedule D, Part V, Line 4 NYIT ENDOWMENT FUNDS ARE USED PRIMARILY TO SUPPORT SCHOLARSHIPS. THE FY15 BEGINNING OF YEAR BALANCE HAS BEEN UPDATED FOR CERTAIN PRIOR PERIOD ADJUSTMENTS, IN LINE WITH THE AUDITED FINANCIAL STATEMENTS. |
| FIN 48 (ASC 740) - Income tAx | SCHEDULE D, PART X, LINE 2 The college follows ASC 740-10 WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS SECTION PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKEliHOOD THAT THE TAX POSITIONS MAY BE CHALLENGED. THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXATION BY VIRTUE OF BEING AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NEVERTHELESS, THE COLLEGE MAY BE SUBJeCT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE TAX YEARS ENDED AUGUST 31, 2012, 2013, 2014 AND 2015 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS WITHIN ITS CONSOLIDATED FINANCIAL STATEMENTS. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Explanation of nondiscrimatory policy publication | SCHEDULE E, PART I, LINE 3 NYIT'S RACIAL NON-DISCRIMINATION POLICY IS PUBLISHED IN THE CATALOG AVAILABLE TO ALL STUDENTS ONLINE. THE POLICY IS ALSO PUBLISHED IN ALL BROCHURES SENT TO STUDENTS. NYIT ALSO STATES THE POLICY IN ITS ADVERTISING. |
| GOVERNMENT AID | Schedule E, PART I, Line 6 NYIT RECEIVES GOVERNMENT AID TO SUPPORT SCHOLARSHIPS AND RESEARCH. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| East Asia and the Pacific | 2 | 33 | Program Services | EDUCATION | $2,722,501 |
| Middle East and North Africa | 1 | 29 | Program Services | EDUCATION | $4,247,261 |
| North America | 1 | 23 | Program Services | EDUCATION | $2,381,907 |
| Central America and the Caribbean | Investments | $17,041,160 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 4 | SubtotalOfficesCnt |
| Subtotal Employees | 85 | SubtotalEmployeesCnt |
| Total Office | 4 | TotalOfficeCnt |
| Total Employee | 85 | TotalEmployeeCnt |
| Subtotal Spent | $26,392,829 | SubtotalSpentAmt |
| Total Spent | $26,392,829 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | ACCOUNTING METHOD | FormAndLineReferenceDesc |
| Explanation | SCHEDULE F, PART I, LINE 3, COLUMN (F) THE ACCRUAL METHOD OF ACCOUNTING IS USED TO ACCOUNT FOR EXPENDITURES. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Golf Outing | Event1Nm |
| Gross Receipts Event1 | $67,189 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $36,168 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $31,021 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $2,094 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $34,963 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $4,000 | OtherDirectExpensesEvent1Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $67,189 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $36,168 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $31,021 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $2,094 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $34,963 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $4,000 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $41,057 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$10,036 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| TRUSTEES OF INDIANA UNIVERSITY | |||||||
| 107 S INDIANA AVE | INDIANAPOLIS | IN | 47405 | 356001673 | 170(c)(1) | $36,838 | Research |
| MICHIGAN TECHNOLOGICAL UNIVERSITY | |||||||
| 1400 TOWNSEND DRIVE | HOUGHTON | MI | 499311295 | 386005955 | 170(c)(1) | $23,385 | Research |
| FLI ARTISTS | |||||||
| PO BOX 7003 | SANTA MONICA | NY | 904067003 | 954426633 | $7,500 | Research | |
| THE KLEZMATICS LLC | |||||||
| 11 STERLING PLACE | BROOKLYN | NY | 11217 | 261836799 | $6,852 | RESEARCH | |
| WESTERN SUFFOLK BOCES | |||||||
| 152 LAUREL HILL RD | NORTHPORT | NY | 11768 | 116000131 | 170(c)(1) | $25,000 | Research |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 4759 | RecipientCnt |
| Non Cash Assistance | $44,344,097 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | TUITION SCHOLARSHIPS | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | GRANT MONITORING PROCEDURES | FormAndLineReferenceDesc |
| Explanation | Schedule I, Part I, Line 1 THE GRANTS DEPARTMENT AND THE FINANCIAL AID OFFICE OVERSEE ALL GRANTS, GOVERNMENT LOANS AND SCHOLARSHIP EXPENDITURES. ALL GRANT EXPENSES ARE APPROVED AND REIMBURSED IN ACCORDANCE WITH UNIVERSITY POLICY. AN ANNUAL AUDIT IS CONDUCTED IN ACCORDANCE WITH GOVERNMENTAL REGULATIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr Edward Guiliano | ||||||||||||||
| President and CEO | $687,734 | $0 | $125,000 | $0 | $358,511 | $0 | $26,000 | $0 | $22,733 | $0 | $1,219,978 | $0 | $0 | $0 |
| Leonard Aubrey | ||||||||||||||
| Treasurer and CFO | $304,655 | $0 | $6,972 | $0 | $9,481 | $0 | $26,000 | $0 | $23,386 | $0 | $370,494 | $0 | $0 | $0 |
| Catherine Flickinger | ||||||||||||||
| Secretary and General Counsel | $302,959 | $0 | $6,972 | $0 | $6,206 | $0 | $18,200 | $0 | $36,044 | $0 | $370,381 | $0 | $0 | $0 |
| Daniel McGovern | ||||||||||||||
| Asst Treasurer and Controller | $83,514 | $0 | $0 | $0 | $132,971 | $0 | $8,613 | $0 | $10,973 | $0 | $236,071 | $0 | $0 | $0 |
| Ronald Maggiore | ||||||||||||||
| Vice President | $196,086 | $0 | $4,725 | $0 | $5,631 | $0 | $13,920 | $0 | $15,621 | $0 | $235,983 | $0 | $0 | $0 |
| John Elizandro | ||||||||||||||
| VP Development | $295,358 | $0 | $6,735 | $0 | $6,258 | $0 | $18,200 | $0 | $33,839 | $0 | $360,390 | $0 | $0 | $0 |
| Wolfgang Gilliar | ||||||||||||||
| Dean Medical School | $339,722 | $0 | $7,689 | $0 | $407 | $0 | $26,000 | $0 | $37,845 | $0 | $411,663 | $0 | $0 | $0 |
| Dr Anthony Martin Gerdes | ||||||||||||||
| Professor & Chair | $290,139 | $0 | $6,614 | $0 | $206 | $0 | $18,200 | $0 | $30,223 | $0 | $345,382 | $0 | $0 | $0 |
| Barbara Ross-Lee | ||||||||||||||
| VP Health Affairs | $329,321 | $0 | $7,468 | $0 | $0 | $0 | $26,000 | $0 | $15,293 | $0 | $378,082 | $0 | $0 | $0 |
| Ibrahim Bodur | ||||||||||||||
| VP IT and Infrastructure | $244,573 | $0 | $5,561 | $0 | $6,258 | $0 | $24,357 | $0 | $20,883 | $0 | $301,632 | $0 | $0 | $0 |
| Rahmat Shoureshi | ||||||||||||||
| Provost and VP of Academic Aff | $388,921 | $0 | $8,901 | $0 | $6,269 | $0 | $26,000 | $0 | $35,762 | $0 | $465,853 | $0 | $0 | $0 |
| NANCY BONO | ||||||||||||||
| ASST PROFESSOR & CHAIR FAM MED | $232,142 | $0 | $5,328 | $0 | $26,122 | $0 | $20,873 | $0 | $34,363 | $0 | $318,828 | $0 | $0 | $0 |
| JESS BORONICO | ||||||||||||||
| DEAN - SCHOOL OF MANAGEMENT | $292,315 | $0 | $6,591 | $0 | $3,758 | $0 | $18,200 | $0 | $0 | $0 | $320,864 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| TRAVEL AND HOUSING BENEFITS | SCHEDULE J, PART I, LINE 1A NYIT IS A GLOBAL UNIVERSITY WITH CAMPUSES IN NEW YORK (MANHATTAN AND LONG ISLAND), CHINA, CANADA, AND THE MIDDLE EAST, AND, AS SUCH, THE PRESIDENT IS REQUIRED TO ENGAGE IN EXTENSIVE INTERNATIONAL TRAVEL. THE PRESIDENT TRAVELS WITH ABOVE STANDARD ACCOMMODATIONS (E.G., BUSINESS OR FIRST CLASS). THE UNIVERSITY ALSO MAKES A CAR AND DRIVER AVAILABLE TO THE PRESIDENT FOR TRAVEL BETWEEN CAMPUSES. THESE ACCOMMODATIONS ARE USED FOR BUSINESS PURPOSES ONLY AND ARE NOT TREATED AS TAXABLE COMPENSATION. LIKE MOST UNIVERSITIES, NYIT REQUIRES THE PRESIDENT TO UTILIZE THE PRESIDENT'S RESIDENCE FOR UNIVERSITY FUNCTIONS, MANY OF WHICH OCCUR IN MANHATTAN. HOWEVER, UNLIKE MOST UNIVERSITIES, NYIT DOES NOT MAINTAIN PRESIDENTIAL CAMPUS HOUSING. NYIT PROVIDES A HOUSING ALLOWANCE TO THE PRESIDENT TO MAINTAIN A RESIDENCE FOR PERSONAL AND UNIVERSITY FUNCTIONS. IN CALENDAR YEAR 2014, THE VALUE OF THE PRESIDENT'S TAXABLE HOUSING ALLOWANCE WAS $283,432. THE PRESIDENT HAS MADE CHARITABLE DONATIONS TO NYIT OVER THE PAST 11 YEARS IN EXCESS OF $2 MILLION. Severance Compensation Schedule J, Part I, Line 4a Daniel McGovern received severance compensation of $126,667, and this amount is reported in column (B)(iii). |
| NON-FIXED PAYMENTS | SCHEDULE J, PART I, LINE 7 AND PART II, COLUMN (B)(II) THE PRESIDENT'S REPORTABLE COMPENSATION INCLUDES BONUS AND INCENTIVE COMPENSATION DETERMINED ON A DISCRETIONARY BASIS BY THE BOARD OF TRUSTEES. NON-FIXED BONUS AND INCENTIVE COMPENSATION WAS ALSO PAID TO EMPLOYEES OTHER THAN THE PRESIDENT. Bonus & incentive compensation Schedule J, Part II, Column B(ii) Amounts appearing in Schedule J, Part II, Column (B)(ii) include a portion of regularly budgeted compensation for all administrative staff that is consistent with a contractual percentage payment provided to full-time faculty under a collective bargaining agreement. The actual amount distributed to administrative staff is subject to some annual discretion at the direction of the President and senior managers. |
| OTHER REPORTABLE COMPENSATION | Schedule J, Part II, Column (B)(III) OTHER TAXABLE COMPENSATION RECEIVED BY THE PRESIDENT IN CALENDAR YEAR 2014 INCLUDED A $283,432 HOUSING ALLOWANCE. THE PRESIDENT'S COMPENSATION ALSO INCLUDED A $75,000 AFTER-TAX CONTRIBUTION TO AN ANNUITY ACCOUNT. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| NASSAU COUNTY INDUSTRIAL DEVELOPMENT AGENCY | ||||||||
| A | 112559657 | 631657LB7 | 2010-03-02 | $20,523,052 | CONVERTED BONDS ISSUED 08/29/2000 | false | false | false |
| SUFFOLK COUNTY INDUSTRIAL DEVELOPMENT AGENCY | ||||||||
| B | 112584714 | 864768SN7 | 2010-03-02 | $40,831,593 | CONVERTED BONDS ISSUED 08/29/2000 | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $20,523,256 | $2,031,000 | $0 | $0 | $0 | $0 | $0 | $0 | $18,492,052 | $0 | 2010 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $70,000 | $0 | $40,831,997 | $4,034,406 | $0 | $0 | $0 | $0 | $0 | $0 | $36,971,187 | $0 | 2010 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Private Bus Use By OthersPrivateBusUseByOthersPct |
|---|---|
| A | 0 |
| B | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||||
| A | false | false | false | Yes (true) | false | false | false | 0 | false | false |
| 0 | ||||||||||
| B | false | false | false | Yes (true) | false | false | false | 0 | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Total Proceeds of Issue | FormAndLineReferenceDesc |
| Explanation | SCHEDULE K, PART II, LINE 3 TOTAL PROCEEDS OF ISSUE REPORTED ON LINE 3 INCLUDES INVESTMENT EARNINGS FROM THE 12-MONTH PERIOD. Form 8038-T SCHEDULE K, PART IV, LINE 2C, COLUMN A THE DATE OF THE REBATE COMPUTATION WAS PERFORMED ON MARCH 2, 2016. Form 8038-T SCHEDULE K, PART IV, LINE 2C, COLUMN b THE DATE OF THE REBATE COMPUTATION WAS PERFORMED ON MARCH 2, 2016. Written Procedures SCHEDULE K, PART IV, LINE 7 THE ORGANIZATION IS CURRENTLY WORKING WITH LEGAL COUNSEL/TAX ADVISORS TO ESTABLISH WRITTEN PROCEDURES FOR A POST-ISSUANCE COMPLIANCE PROCESS TO MONITOR COMPLIANCE WITH THE ARBITRAGE REQUIREMENTS AS SET FORTH IN INTERNAL REVENUE CODE SECTION 148. Schedule K, Part V THE ORGANIZATION IS CURRENTLY WORKING WITH LEGAL COUNSEL/TAX ADVISORS TO ESTABLISH WRITTEN PROCEDURES to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Aequitas LLC | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Substantial Contributor | RelationshipDescriptionTxt |
| Transaction | $180,000 | TransactionAmt |
| Transaction | Real Estate Consulting Service | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 REVIEW | Form 990, Part VI, Line 11a THE 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER, PRESIDENT, GENERAL COUNSEL, AN INDEPENDENT ACCOUNTING FIRM AND THE BOARD OF TRUSTEES PRIOR TO FILING. THE COMPLETE 990 AND ASSOCIATED RETURNS ARE SENT VIA EMAIL TO ALL PARTIES. |
| CONFLICT OF INTEREST REVIEW | Form 990, Part VI, Line 12c OFFICERS, VICE PRESIDENTS AND CERTAIN OTHER EMPLOYEES, PARTICULARLY EMPLOYEES INVOLVED WITH THE PROCUREMENT OF GOODS AND SERVICES, ARE REQUIRED TO SUBMIT ANNUAL DISCLOSURE FORMS TO THE GENERAL COUNSEL, AND TO SUBMIT UPDATED FORMS IN THE EVENT THAT THERE IS ANY CHANGE IN THE TIME PERIOD BETWEEN THE SUBMISSION OF THE ANNUAL FORMS. WITH RESPECT TO ANY DISCLOSED CONFLICTS, THE GENERAL COUNSEL WILL CONSULT, IF AND AS APPROPRIATE, NYIT PERSONNEL SUCH AS THE PRESIDENT, CHIEF FINANCIAL OFFICER, INTERNAL AUDIT DIRECTOR, AND, IF NECESSARY OR ADVISABLE, THE CHAIR OF THE BOARD OF TRUSTEES AUDIT COMMITTEE. THE GENERAL COUNSEL WILL RECOMMEND TO THE PRESIDENT AND, IF INDICATED, THE CHAIR OF THE AUDIT COMMITTEE, SUCH STEPS AS MAY BE APPROPRIATE TO MANAGE THE CONFLICT OF INTEREST. ANY CONFLICTS OF INTEREST RELATING TO OFFICERS OR KEY EMPLOYEES, WHETHER REPORTED ON THE ANNUAL FORMS OR OTHERWISE, WILL BE REPORTED BY THE GENERAL COUNSEL TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. |
| COMPENSATION REVIEW | Form 990, PART VI, Line 15A NYIT'S BOARD HAS A PERSONNEL COMMITTEE OF INDEPENDENT TRUSTEES, WHO REVIEWS THE COMPENSATION OF NYIT'S PRESIDENT AT CONTRACT RENEWAL INTERVALS. THE LAST SUCH RENEWAL WAS IN 2013. THE PERSONNEL COMMITTEE IS ADVISED BY INDEPENDENT COMPENSATION CONSULTANTS AND REVIEWS COMPENSATION DATA FROM SIMILAR ORGANIZATIONS TO ENSURE THAT NYIT DOES NOT COMPENSATE IN EXCESS OF MARKET NORMS. COMPENSATION OF OTHER KEY EMPLOYEES AND OFFICERS OF THE CORPORATION ARE DETERMINED UPON HIRE BY MARKET REVIEWS CONDUCTED BY THE PRESIDENT AND OTHER SENIOR MANAGERS, WHO MAY CONSULT FURTHER WITH HUMAN RESOURCES AND EXTERNAL CONSULTANTS. ANNUAL INCREASES FOR KEY EMPLOYEES AND OFFICERS ARE BASED ON BUDGET PARAMETERS AND REVIEWED BY THE PRESIDENT OR HUMAN RESOURCES. CONTEMPORANEOUS SUBSTANTIATION FOR COMPENSATION LEVELS OF THE PRESIDENT, KEY EMPLOYEES OR OFFICERS WILL BE MAINTAINED BY THE OFFICE OF THE PRESIDENT OR HUMAN RESOURCES. |
| DOCUMENT AVAILABILITY | FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE DISTRIBUTED UPON REQUEST WITH THE APPROVAL OF THE GENERAL COUNSEL. |
| PRIOR PERIOD ADJUSTMENT | FORM 990, PART Xi, LINE 8 Included in NYIT's accompanying consolidated financial statements as of and for the year ended August 31, 2015 are the following prior period adjustments: (1) a decrease to opening unrestricted net assets of $11,968,000 to reduce investments in real estate for property that were incorrectly recorded at fair value, (2) a decrease to opening unrestricted net assets of $7,410,633 to correct depreciation expense for certain assets that were not being depreciated in accordance with US GAAP, (3) an increase to opening unrestricted net assets of $1,685,240 to appropriately reduce asset retirement obligation in accordance with an expected present value model as required by US GAAP, and (4) a decrease to temporarily restricted net assets and corresponding increase to unrestricted net assets of $ 719,851 to appropriately record contributions in accordance with donor intent. As of August 31, 2014, unrestricted net assets have been reduced by $16,973,542 and temporarily restricted net assets have been reduced by $719,851 to correct the aggregate effect of the errors, $1,900,424 of which, related to a decrease in the change in net assets for the fiscal year ended August 31, 2014. |
| OTHER CHANGES IN NET ASSETS | FORM 990, PART XI, LINE 9 CHANGE IN POSTRETIREMENT PROGRAM: $(1,572,945) |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHEATLEY ADVERTISING INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NORTHERN BLVD | AddressLine1Txt |
| City | OLD WESTBURY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11568 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 112359770 | EIN |
| Primary Activities | ADVERTISING | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NYIT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $1,736,473 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $185,360 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wheatley Advertising Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | o | TransactionTypeTxt |
| Involved | $1,736,473 | InvolvedAmt |
| Method Of Amount Determination | Cost | MethodOfAmountDeterminationTxt |