TOURO UNIVERSITY: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- TOURO UNIVERSITY (EIN 13-2676570)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-05-16
- IRS object ID
- 201641379349309229
- 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 | 2016-05-16T15:55:27-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | 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 | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132676570 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TOURO COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % STUART LIPPMAN CONTROLLER | InCareOfNm |
| Business Name Control | TOUR | BusinessNameControlTxt |
| Phone | 6465656000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 SEVENTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MELVIN NESS | PersonNm |
| Person Title | SENIOR VP AND CFO | PersonTitleTxt |
| Phone | 6465656000 | PhoneNum |
| Signature | 2016-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KPMG LLP | PreparerPersonNm |
| PTIN | P00634378 | PTIN |
| Phone | 2127589700 | PhoneNum |
| Preparation | 2016-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MELVIN NESS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 7TH AVE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $279,968,048 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TOURO.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1970 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 4299 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | $1,836 | TotalGrossUBIAmt |
| PY Contributions Grants | $6,985,755 | PYContributionsGrantsAmt |
| CY Contributions Grants | $38,983,628 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $188,507,295 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $190,711,360 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,518,117 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,377,551 | CYInvestmentIncomeAmt |
| PY Other Revenue | $11,405,488 | PYOtherRevenueAmt |
| CY Other Revenue | $27,364,004 | CYOtherRevenueAmt |
| PY Total Revenue | $210,416,655 | PYTotalRevenueAmt |
| CY Total Revenue | $258,436,543 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $257,671 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,865,440 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $138,537,212 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $140,245,417 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,271,265 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $85,361,528 | PYOtherExpensesAmt |
| CY Other Expenses | $95,173,212 | CYOtherExpensesAmt |
| PY Total Expenses | $224,156,411 | PYTotalExpensesAmt |
| CY Total Expenses | $242,284,069 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$13,739,756 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $16,152,474 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $343,691,672 | TotalAssetsBOYAmt |
| Total Assets EOY | $359,149,655 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $191,430,238 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $191,440,362 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $152,261,434 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $167,709,293 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $208,085,459 | ExpenseAmt |
| Grant | $6,865,440 | GrantAmt |
| Revenue | $208,275,240 | RevenueAmt |
| Desc | WITHIN THE TOURO SYSTEM, TOURO COLLEGE PROVIDED EDUCATION, PRIMARILY IN THE NEW YORK CITY METROPOLITAN AREA, TO APPROXIMATELY 13,000 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 (2,164); GRADUATE (1,715); FIRST PROFESSIONAL (526). SEE SCHEDULE O. | Desc |
| Total Program Service Expenses | $208,085,459 | 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 | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | 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 | Yes (true) | 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 | false | 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 | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | 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 | Yes (true) | 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 | 469 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 4299 | 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 | FR | ForeignCountryCd |
| Foreign Country | GM | ForeignCountryCd |
| Foreign Country | IS | 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 | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | 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 | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STUART LIPPMAN CONTROLLER | PersonNm |
| Phone | 6465656026 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 SEVENTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Abraham Biderman | ||||||||||
| Trustee | 0.5 | 0.5 | Yes (X) | $0 | $0 | $0 | ||||
| Ben Chouake | ||||||||||
| Trustee | 0.6 | 0.4 | Yes (X) | $0 | $0 | $0 | ||||
| Allen Fagin | ||||||||||
| Trustee | 0.5 | 0.5 | Yes (X) | $0 | $0 | $0 | ||||
| Howard Friedman | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Menachem Genack | ||||||||||
| Trustee/Professor | 31.0 | 4.0 | Yes (X) | $28,711 | $48,885 | $3,825 | Yes (X) | |||
| Solomon Goldfinger | ||||||||||
| Trustee | 0.5 | 0.5 | Yes (X) | $0 | $0 | $0 | ||||
| Mark Hasten | ||||||||||
| Chairman/Trustee | 1.0 | 3.1 | Yes (X) | $0 | $0 | $0 | ||||
| Alan Kadish | ||||||||||
| President, CEO and Trustee | 18.0 | 17.0 | Yes (X) | $606,896 | $0 | $84,250 | Yes (X) | |||
| Leah Karfunkel | ||||||||||
| Trustee | 0.5 | 0.5 | Yes (X) | $0 | $0 | $0 | ||||
| Daniel Lander | ||||||||||
| Trustee & Chancellor | 3.0 | 32.0 | Yes (X) | $0 | $190,885 | $137,432 | Yes (X) | |||
| David Lichtenstein | ||||||||||
| Trustee | 0.7 | 0.3 | Yes (X) | $0 | $0 | $0 | ||||
| Martin Oliner | ||||||||||
| Trustee | 0.5 | 0.5 | Yes (X) | $0 | $0 | $0 | ||||
| Lawrence Platt | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Stephen Rosenberg | ||||||||||
| Trustee | 0.8 | 1.3 | Yes (X) | $0 | $0 | $0 | ||||
| Zvi Ryzman | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Israel Sendrovic | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Jack Weinreb | ||||||||||
| Trustee | 0.8 | 0.2 | Yes (X) | $0 | $0 | $0 | ||||
| Matthew Bonilla | ||||||||||
| VP of Student Services | 21.0 | 14.0 | $214,588 | $0 | $19,215 | Yes (X) | ||||
| Stanley Boylan | ||||||||||
| VP of Undergraduate Education | 34.0 | 1.0 | $118,328 | $0 | $61,253 | Yes (X) | ||||
| Richard Braunstein | ||||||||||
| VP, Deputy General Counsel | 23.0 | 12.0 | $215,950 | $0 | $18,723 | Yes (X) | ||||
| Alan Ciner | ||||||||||
| VP - Touro College South | 35.0 | 0.0 | $125,062 | $0 | $54,417 | Yes (X) | ||||
| Robert Goldschmidt | ||||||||||
| VP of Planning & Assessment | 35.0 | 0.0 | $153,722 | $0 | $41,864 | Yes (X) | ||||
| Nadia Graff | ||||||||||
| VICE PRESIDENT GRAD EDUCATION | 35.0 | 0.0 | $219,068 | $0 | $10,816 | Yes (X) | ||||
| Moshe Krupka | ||||||||||
| Executive VP | 18.0 | 17.0 | $154,333 | $0 | $129,320 | Yes (X) | ||||
| Eric Levine | ||||||||||
| VP, Institutional Advancement | 28.0 | 7.0 | $183,420 | $0 | $47,758 | Yes (X) | ||||
| Melvin Ness | ||||||||||
| Senior VP, CFO | 25.0 | 10.0 | $275,493 | $0 | $32,435 | Yes (X) | ||||
| Michael Newman | ||||||||||
| SVP, GEN. COUNSEL AND SECRTERY | 24.0 | 11.0 | $209,579 | $0 | $66,308 | Yes (X) | ||||
| David Raab | ||||||||||
| Executive VP | 14.0 | 21.0 | $24,456 | $274,829 | $39,457 | Yes (X) | ||||
| Alan Schoor | ||||||||||
| Senior VP of Oper. & Admin. | 29.0 | 6.0 | $233,955 | $0 | $59,413 | Yes (X) | ||||
| Jay Sexter | ||||||||||
| VP of National Affairs | 35.0 | 0.0 | $363,771 | $0 | $13,000 | Yes (X) | ||||
| Israel Singer | ||||||||||
| VP | 35.0 | 0.0 | $122,909 | $0 | $12,417 | Yes (X) | ||||
| Eva Spinelli | ||||||||||
| VP of Community Education | 35.0 | 0.0 | $167,430 | $0 | $14,622 | Yes (X) | ||||
| Franklin Steen | ||||||||||
| VP of Technology | 29.0 | 6.0 | $226,255 | $0 | $28,404 | Yes (X) | ||||
| Marian Stoltz-Loike | ||||||||||
| VP ONLINE EDUCATION & DEAN LCW | 35.0 | 0.0 | $180,621 | $0 | $5,139 | Yes (X) | ||||
| Robert Goldberg | ||||||||||
| Dean of TOUROCOM | 35.0 | 0.0 | $382,759 | $0 | $25,417 | Yes (X) | ||||
| Lamar Miller | ||||||||||
| Dean of School of Education | 35.0 | 0.0 | $206,334 | $0 | $16,711 | Yes (X) | ||||
| Louis Primavera | ||||||||||
| Dean School of Health Sciences | 35.0 | 0.0 | $241,529 | $0 | $11,205 | Yes (X) | ||||
| Patricia Salkin | ||||||||||
| Dean Touro Law Center | 34.5 | 0.5 | $277,502 | $0 | $72,723 | Yes (X) | ||||
| Arthur Prancan | ||||||||||
| Associate Professor | 20.0 | 15.0 | $290,446 | $0 | $4,500 | Yes (X) | ||||
| Gary Shaw | ||||||||||
| Professor | 35.0 | 0.0 | $219,404 | $0 | $23,937 | Yes (X) | ||||
| Harold Abramson | ||||||||||
| Professor | 35.0 | 0.0 | $247,166 | $0 | $18,479 | Yes (X) | ||||
| Kenneth Steier | ||||||||||
| Dean Tourocom Middletown | 35.0 | 0.0 | $293,763 | $0 | $18,009 | Yes (X) | ||||
| Richard Klein | ||||||||||
| Professor | 35.0 | 0.0 | $263,566 | $0 | $15,100 | Yes (X) | ||||
| LAWRENCE RAFUL | ||||||||||
| FORMER DEAN LAW SCHOOL, PROF. | 35.0 | 0.0 | $195,638 | $0 | $22,331 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,442,654 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $514,599 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,108,480 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 302 | 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 |
|---|---|---|---|---|---|
| CARRICKMORE PROPERTY DEVELOPMENT | |||||
| 200 CORPORATE DR STE 6 | BLAUVELT | NY | 10913 | GENERAL CONTRACTOR | $4,802,029 |
| SECURITAS SECURITY SERVICES USA INC | |||||
| PO BOX 403412 | ATLANTA | GA | 303843412 | SECURITY GUARDS | $2,359,367 |
| ALL PRO DESIGN CONSTRUCTION CORP | |||||
| 970 MORRIS PARK AVE | BRONX | NY | 10462 | GENERAL CONTRACTOR | $2,919,981 |
| JOHN DOYLE | |||||
| 30 BURNT RIDGE RD | LIBERTY | NY | 12754 | GENERAL CONTRACTOR | $2,083,440 |
| EWD INC | |||||
| 190 SPRING ST | NEW YORK | NY | 10012 | EDU. SVCS & ACADEMIC | $1,324,838 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 110 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $65,265 | FundraisingAmt |
| Related Organizations | $24,500,000 | RelatedOrganizationsAmt |
| Government Grants | $4,565,860 | GovernmentGrantsAmt |
| All Other Contributions | $9,852,503 | AllOtherContributionsAmt |
| Noncash Contributions | $22,225 | NoncashContributionsAmt |
| Total Contributions | $38,983,628 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Student Tuition/ Fees | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $190,711,360 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $190,711,360 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $190,711,360 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $254,769 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $252,933 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,836 | UnrelatedBusinessRevenueAmt |
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 | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,558,944 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $21,436,162 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,122,782 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,122,782 | TotalRevenueColumnAmt |
| Exclusion | $1,122,782 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $225,587 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $65,265 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $95,343 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $130,244 | TotalRevenueColumnAmt |
| Exclusion | $130,244 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Academic Support | 900099 | $14,600,505 | $14,600,505 | |
| FMV OF NET ASSETS ACQUIRED | 900099 | $8,124,269 | $8,124,269 | |
| DORMITORY FEES | 611710 | $2,021,004 | $2,021,004 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,487,982 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $689,438 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,798,544 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $27,233,760 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $258,436,543 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $208,275,240 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,836 | UnrelatedBusinessRevenueAmt |
| Exclusion | $11,175,839 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,865,440 | TotalAmt |
| Program Services | $6,865,440 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
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 | $5,930,091 | TotalAmt |
| Program Services | $1,529,113 | ProgramServicesAmt |
| Management And General | $4,135,243 | ManagementAndGeneralAmt |
| Fundraising | $265,735 | FundraisingAmt |
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 | $107,494,266 | TotalAmt |
| Program Services | $94,003,579 | ProgramServicesAmt |
| Management And General | $12,536,543 | ManagementAndGeneralAmt |
| Fundraising | $954,144 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,483,407 | TotalAmt |
| Program Services | $2,091,672 | ProgramServicesAmt |
| Management And General | $365,026 | ManagementAndGeneralAmt |
| Fundraising | $26,709 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,652,491 | TotalAmt |
| Program Services | $14,025,711 | ProgramServicesAmt |
| Management And General | $2,447,682 | ManagementAndGeneralAmt |
| Fundraising | $179,098 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,685,162 | TotalAmt |
| Program Services | $6,472,897 | ProgramServicesAmt |
| Management And General | $1,129,611 | ManagementAndGeneralAmt |
| Fundraising | $82,654 | 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 | $493,024 | TotalAmt |
| Program Services | $415,254 | ProgramServicesAmt |
| Management And General | $72,468 | ManagementAndGeneralAmt |
| Fundraising | $5,302 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $373,370 | TotalAmt |
| Management And General | $373,370 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,445 | TotalAmt |
| Program Services | $130,925 | ProgramServicesAmt |
| Management And General | $22,848 | ManagementAndGeneralAmt |
| Fundraising | $1,672 | FundraisingAmt |
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 | $200,352 | TotalAmt |
| Program Services | $168,748 | ProgramServicesAmt |
| Management And General | $29,449 | ManagementAndGeneralAmt |
| Fundraising | $2,155 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,023,473 | TotalAmt |
| Program Services | $4,231,066 | ProgramServicesAmt |
| Management And General | $738,380 | ManagementAndGeneralAmt |
| Fundraising | $54,027 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $622,834 | TotalAmt |
| Program Services | $524,588 | ProgramServicesAmt |
| Management And General | $91,547 | ManagementAndGeneralAmt |
| Fundraising | $6,699 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,615,284 | TotalAmt |
| Program Services | $3,105,765 | ProgramServicesAmt |
| Management And General | $482,490 | ManagementAndGeneralAmt |
| Fundraising | $27,029 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,818,217 | TotalAmt |
| Program Services | $4,058,187 | ProgramServicesAmt |
| Management And General | $708,210 | ManagementAndGeneralAmt |
| Fundraising | $51,820 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,022,351 | TotalAmt |
| Program Services | $28,655,634 | ProgramServicesAmt |
| Management And General | $5,000,807 | ManagementAndGeneralAmt |
| Fundraising | $365,910 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,140,549 | TotalAmt |
| Program Services | $960,637 | ProgramServicesAmt |
| Management And General | $167,645 | ManagementAndGeneralAmt |
| Fundraising | $12,267 | 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 | $176,547 | TotalAmt |
| Program Services | $148,698 | ProgramServicesAmt |
| Management And General | $25,950 | ManagementAndGeneralAmt |
| Fundraising | $1,899 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $400,062 | TotalAmt |
| Management And General | $400,062 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,068,506 | TotalAmt |
| Program Services | $11,007,067 | ProgramServicesAmt |
| Management And General | $1,920,887 | ManagementAndGeneralAmt |
| Fundraising | $140,552 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,558,253 | TotalAmt |
| Program Services | $1,312,453 | ProgramServicesAmt |
| Management And General | $229,041 | ManagementAndGeneralAmt |
| Fundraising | $16,759 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Educational Programs Expense | $13,258,826 | $13,258,826 | ||
| Recruitment | $4,570,847 | $4,570,847 | ||
| OUTSIDE SECURITY SERVICES | $2,228,052 | $1,876,597 | $327,492 | $23,963 |
| STUDENT ACTIVITIES | $1,760,292 | $1,760,292 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,686,928 | TotalAmt |
| Program Services | $6,911,463 | ProgramServicesAmt |
| Management And General | $722,594 | ManagementAndGeneralAmt |
| Fundraising | $52,871 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $242,284,069 | TotalAmt |
| Program Services | $208,085,459 | ProgramServicesAmt |
| Management And General | $31,927,345 | ManagementAndGeneralAmt |
| Fundraising | $2,271,265 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,248,328 | BOYAmt |
| EOY | $5,685,861 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,368,800 | BOYAmt |
| EOY | $6,708,473 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,673,014 | BOYAmt |
| EOY | $2,707,888 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,151 | BOYAmt |
| EOY | $250,076 | 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 | $2,205,329 | BOYAmt |
| EOY | $2,410,110 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,755,754 | BOYAmt |
| EOY | $5,561,541 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $375,421,262 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $118,492,882 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $255,217,514 | BOYAmt |
| EOY | $256,928,380 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,720,130 | BOYAmt |
| EOY | $17,005,427 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,158,148 | BOYAmt |
| EOY | $1,625,872 | 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 | $37,052,504 | BOYAmt |
| EOY | $60,266,027 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $343,691,672 | BOYAmt |
| EOY | $359,149,655 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,518,698 | BOYAmt |
| EOY | $26,112,257 | 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 | $17,532,835 | BOYAmt |
| EOY | $18,381,449 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,456,410 | BOYAmt |
| EOY | $72,333,272 | 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 | $97,018,103 | BOYAmt |
| EOY | $58,038,376 | 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 | $15,904,192 | BOYAmt |
| EOY | $16,575,008 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $191,430,238 | BOYAmt |
| EOY | $191,440,362 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,962,141 | BOYAmt |
| EOY | $156,469,408 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,113,194 | BOYAmt |
| EOY | $9,051,334 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,186,099 | BOYAmt |
| EOY | $2,188,551 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,261,434 | BOYAmt |
| EOY | $167,709,293 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $343,691,672 | BOYAmt |
| EOY | $359,149,655 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $16,152,474 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$520,723 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$183,892 | 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 |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,997,271 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,262,480 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $137,517,581 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,985,755 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $38,983,628 | CurrentTaxYearAmt |
| Total | $210,746,715 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,997,271 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,262,480 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $137,517,581 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,985,755 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $38,983,628 | CurrentTaxYearAmt |
| Total | $210,746,715 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $668,161 | SubstantialContributorsTotAmt |
| Public Support Total170 | $210,078,554 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $255,051 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $137,947 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $106,171 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $207,428 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $252,933 | CurrentTaxYearAmt |
| Total | $959,530 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,074,997 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,079,996 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,381,375 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,645,083 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,124,269 | CurrentTaxYearAmt |
| Total | $19,305,720 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $231,011,965 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $974,909,082 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.90938 | PublicSupportCY170Pct |
| Public Support PY170 | 0.91410 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 | false | 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 | $155,445 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $155,445 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | OTHER ACTIVITIES | FormAndLineReferenceDesc |
| Explanation | Form 990 Sch C Part II-B line 1(G) THE UNIVERSITY HIRED LOBBYISTS TO ASSIST IN OBTAINING GRANTS AND APPROVALS FROM FEDERAL AND STATE AGENCIES TO ENHANCE THE FACILITIES AND PROGRAMS OF THE COLLEGE. THE COLLEGE OR ITS REPRESENTATIVES MAY MEET WITH LEGISLATORS TO DISCUSS CERTAIN GRANTS. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $462,074 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $19,617,660 | BeginningYearBalanceAmt |
| Contributions | $1,230,957 | ContributionsAmt |
| Investment Earnings Or Losses | $527,195 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $147,012 | GrantsOrScholarshipsAmt |
| Other Expenditures | $641,166 | OtherExpendituresAmt |
| End Year Balance | $20,587,634 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,701,602 | BeginningYearBalanceAmt |
| Contributions | $1,702,411 | ContributionsAmt |
| Investment Earnings Or Losses | $1,165,721 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $204,479 | GrantsOrScholarshipsAmt |
| Other Expenditures | $747,595 | OtherExpendituresAmt |
| End Year Balance | $19,617,660 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,627,418 | BeginningYearBalanceAmt |
| Contributions | $1,967,484 | ContributionsAmt |
| Investment Earnings Or Losses | $587,690 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $100,645 | GrantsOrScholarshipsAmt |
| Other Expenditures | $380,345 | OtherExpendituresAmt |
| End Year Balance | $17,701,602 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,307,316 | BeginningYearBalanceAmt |
| Contributions | $821,558 | ContributionsAmt |
| Investment Earnings Or Losses | $428,064 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $55,415 | GrantsOrScholarshipsAmt |
| Other Expenditures | $874,105 | OtherExpendituresAmt |
| End Year Balance | $15,627,418 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,356,611 | BeginningYearBalanceAmt |
| Contributions | $629,824 | ContributionsAmt |
| Investment Earnings Or Losses | $816,963 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $47,377 | GrantsOrScholarshipsAmt |
| Other Expenditures | $448,705 | OtherExpendituresAmt |
| End Year Balance | $15,307,316 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.30744 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.10698 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.58559 | 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 | $45,447,669 | OtherCostOrOtherBasisAmt |
| Book Value | $45,447,669 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $187,644,994 | OtherCostOrOtherBasisAmt |
| Depreciation | $48,239,011 | DepreciationAmt |
| Book Value | $139,405,983 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $77,229,671 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,086,967 | DepreciationAmt |
| Book Value | $46,142,704 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $37,856,739 | OtherCostOrOtherBasisAmt |
| Depreciation | $24,340,420 | DepreciationAmt |
| Book Value | $13,516,319 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $27,242,189 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,826,484 | DepreciationAmt |
| Book Value | $12,415,705 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $256,928,380 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DUE FROM/TO AFFILIATES, NET | $46,237,997 |
| A/R-OTHER | $5,962,081 |
| SECURITY DEPOSITS | $1,291,710 |
| ESCROW DEPOSIT MTI BONDS | $1,318,278 |
| ARTWORK | $462,074 |
| OTHER LONG TERM ASSETS | $350,000 |
| ADVANCES/LOAN EMPLOYEES | $3,918,887 |
| INTANGIBLE ASSETS | $725,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $60,266,027 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| SALE LEASEBACK OBLIGATION | $15,449,612 |
| REFUNDABLE GOVT LOAN PROGRAM | $1,118,378 |
| OTHER LIABILITIES | $7,018 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $16,575,008 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| COLLECTION OF ART AND RELIGIOUS OBJECTS | Form 990 Sch D Part III Line 1a A COLLECTION OF ART AND RELIGIOUS OBJECTS ACQUIRED SINCE INCEPTION THROUGH PURCHASES, CONTRIBUTIONS AND LONG TERM LOANS ARE INSURED FOR APPROXIMATELY $1,813,000 INCLUDING APPROXIMATELY $300,000 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 COLLEGE HAS DETERMINED THAT IT WOULD NOT BE PRACTICAL TO RETROACTIVELY CAPITALIZE ITS COLLECTION. |
| RELIGIOUS ARTWORK | Form 990 Sch D Part III Line 4 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. |
| ENDOWMENT FUNDS | Form 990 Sch D Part V Line 4 TO PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS, TO ADD OR IMPROVE FACILITIES, TO FUND RESEARCH AND PROVIDE ADDITIONAL PROGRAM FUNDS. |
| ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES | Form 990 Sch D Part X Line 2 THE COLLEGE PRESCRIBES 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, 2015 AND 2014, THE COLLEGE DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ANY UNRELATED BUSINESS INCOME TAX LIABILITY, WHICH WOULD HAVE A MATERIAL IMPACT UPON 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 |
|---|---|
| RACIALLY NONDISCRIMINATORY POLICY | Form 990 Sch E Part I Line 3 BROCHURES AND CATALOGS DISTRIBUTED TO STUDENTS AND RECRUITMENT ADVERTISEMENTS IN JOURNALS AND NEWSPAPERS, AS WELL AS ON TV, INTERNET AND THE RADIO CONTAIN STATEMENTS WITH RESPECT TO TOURO COLLEGE'S RACIALLY NONDISCRIMINATORY POLICY. |
| EXPLANATION OF GOVERNMENTAL FINANCIAL AID | Form 990 Sch E Part I Line 6a GOVERNMENT CONTRIBUTIONS (GRANTS) OF $4,565,860. STUDENTS ATTENDING THE COLLEGE MAY ALSO BE ELIGIBLE FOR FEDERAL FINANCIAL AID INCLUDING STUDENT LOANS, PELL AND OTHER GRANTS. ADDITIONALLY, THE COLLEGE RECEIVED GRANTS FROM THE GOVERNMENT FOR RESEARCH AND FACILITY IMPROVEMENTS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 2 | 56 | Program Services | EDUCATION | $2,715,130 |
| Middle East and North Africa | 1 | 7 | Program Services | EDUCATION | $7,801,345 |
| Russia and the Newly Independent States | 2 | 26 | Program Services | EDUCATION | $172,262 |
| East Asia and the Pacific | Program Services | EDUCATION | $71,168 | ||
| South Asia | Program Services | EDUCATION | $1,700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 5 | SubtotalOfficesCnt |
| Subtotal Employees | 89 | SubtotalEmployeesCnt |
| Total Office | 5 | TotalOfficeCnt |
| Total Employee | 89 | TotalEmployeeCnt |
| Subtotal Spent | $10,761,605 | SubtotalSpentAmt |
| Total Spent | $10,761,605 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | OPERATIONS REVIEW | FormAndLineReferenceDesc |
| Explanation | Form 990 Sch F Part I Line 2 PERIODIC SITE VISITS BY COLLEGE ADMINISTRATORS AND FACULTY REVIEW LOCAL OPERATIONS. SIGNIFICANT OPERATIONS HAVE REVIEWS BY LOCAL INDEPENDENT AUDITORS. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Licensed States | NY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | DINNER | Event1Nm |
| Gross Receipts Event1 | $142,748 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $30,080 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $112,668 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $45,120 | RentFacilityCostsEvent1Amt |
| Event2 | GOLF OUTING | Event2Nm |
| Gross Receipts Event2 | $70,709 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $12,960 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $57,749 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $26,340 | RentFacilityCostsEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $40,851 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $22,225 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $18,626 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $8,746 | RentFcltyCostsOtherEventsAmt |
| Gross Receipts Total | $254,308 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $65,265 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $189,043 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $80,206 | RentFcltyCostsTotalEventsAmt |
| Direct Expense Summary Events | $80,206 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $108,837 | 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 | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt |
|---|---|---|---|---|---|---|---|---|---|
| YESIVAS OHR HACHAIM | |||||||||
| 500 7TH AVENUE | NEW YORK | NY | 10018 | 112808947 | 501(C)(3) | $6,500,000 | BOOK | FORGAVE RECEIVABLE | |
| AMERICAN FRIEND OF KIRYAT SANZ | |||||||||
| 261 WEST 35TH ST 803 | NEW YORK | NY | 10001 | 132724055 | 501(C)(3) | GRANTS TO ORG. WITH SIMILAR MISSION | $150,000 | ||
| HASTEN HEBREW ACADEMY | |||||||||
| 6602 HOOVER RD | INDIANAPOLIS | IN | 46260 | 351185540 | 501(C)(3) | GRANT TO ORG. WITH SIMILAR MISSION | $100,000 | ||
| YESHIVA RABBI SAMSON RAPHAEL HIRSCH | |||||||||
| 100 BENNETT AVENUE | NEW YORK | NY | 10033 | 131624224 | 501(C)(3) | GRANT TO ORG. WITH SIMILAR MISSION | $100,000 | ||
| AFIKIM FOUNDATION | |||||||||
| 111 JOHN ST | NEW YORK | NY | 10038 | 710866051 | 501(C)(3) | GRANT TO ORG. WITH SIMILAR MISSION | $9,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING GRANTS | FormAndLineReferenceDesc |
| Explanation | Form Sch I Part I Line 2 SINCE ITS INCEPTION, MANAGEMENT REVIEWS REQUESTS FOR GRANTS. THE COLLEGE 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 COLLEGE GUIDELINES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | false | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | 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 | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (28 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alan Kadish | ||||||||||||||
| President, CEO and Trustee | $606,896 | $0 | $0 | $0 | $0 | $0 | $13,000 | $0 | $71,250 | $0 | $691,146 | $0 | $0 | $0 |
| Daniel Lander | ||||||||||||||
| Trustee & Chancellor | $0 | $190,885 | $0 | $0 | $0 | $0 | $0 | $9,532 | $0 | $127,900 | $0 | $328,317 | $0 | $0 |
| Matthew Bonilla | ||||||||||||||
| VP of Student Services | $214,588 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19,215 | $0 | $233,803 | $0 | $0 | $0 |
| Stanley Boylan | ||||||||||||||
| VP of Undergraduate Education | $118,328 | $0 | $0 | $0 | $0 | $0 | $6,038 | $0 | $55,215 | $0 | $179,581 | $0 | $0 | $0 |
| Richard Braunstein | ||||||||||||||
| VP, Deputy General Counsel | $215,950 | $0 | $0 | $0 | $0 | $0 | $8,738 | $0 | $9,985 | $0 | $234,673 | $0 | $0 | $0 |
| Alan Ciner | ||||||||||||||
| VP - Touro College South | $125,062 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $54,417 | $0 | $179,479 | $0 | $0 | $0 |
| Robert Goldberg | ||||||||||||||
| Dean of TOUROCOM | $382,759 | $0 | $0 | $0 | $0 | $0 | $13,000 | $0 | $12,417 | $0 | $408,176 | $0 | $0 | $0 |
| Robert Goldschmidt | ||||||||||||||
| VP of Planning & Assessment | $153,722 | $0 | $0 | $0 | $0 | $0 | $8,447 | $0 | $33,417 | $0 | $195,586 | $0 | $0 | $0 |
| Nadia Graff | ||||||||||||||
| VICE PRESIDENT GRAD EDUCATION | $219,068 | $0 | $0 | $0 | $0 | $0 | $10,816 | $0 | $0 | $0 | $229,884 | $0 | $0 | $0 |
| Moshe Krupka | ||||||||||||||
| Executive VP | $154,333 | $0 | $0 | $0 | $0 | $0 | $8,490 | $0 | $120,830 | $0 | $283,653 | $0 | $0 | $0 |
| Eric Levine | ||||||||||||||
| VP, Institutional Advancement | $183,420 | $0 | $0 | $0 | $0 | $0 | $10,205 | $0 | $37,553 | $0 | $231,178 | $0 | $0 | $0 |
| Lamar Miller | ||||||||||||||
| Dean of School of Education | $206,334 | $0 | $0 | $0 | $0 | $0 | $10,269 | $0 | $6,442 | $0 | $223,045 | $0 | $0 | $0 |
| Melvin Ness | ||||||||||||||
| Senior VP, CFO | $275,493 | $0 | $0 | $0 | $0 | $0 | $13,000 | $0 | $19,435 | $0 | $307,928 | $0 | $0 | $0 |
| Michael Newman | ||||||||||||||
| SVP, GEN. COUNSEL AND SECRTERY | $209,579 | $0 | $0 | $0 | $0 | $0 | $8,681 | $0 | $57,627 | $0 | $275,887 | $0 | $0 | $0 |
| Louis Primavera | ||||||||||||||
| Dean School of Health Sciences | $241,529 | $0 | $0 | $0 | $0 | $0 | $11,205 | $0 | $0 | $0 | $252,734 | $0 | $0 | $0 |
| David Raab | ||||||||||||||
| Executive VP | $0 | $274,829 | $0 | $0 | $24,456 | $0 | $24,531 | $0 | $14,926 | $0 | $63,913 | $274,829 | $0 | $0 |
| Patricia Salkin | ||||||||||||||
| Dean Touro Law Center | $277,502 | $0 | $0 | $0 | $0 | $0 | $11,855 | $0 | $60,868 | $0 | $350,225 | $0 | $0 | $0 |
| Alan Schoor | ||||||||||||||
| Senior VP of Oper. & Admin. | $233,955 | $0 | $0 | $0 | $0 | $0 | $10,698 | $0 | $48,715 | $0 | $293,368 | $0 | $0 | $0 |
| Jay Sexter | ||||||||||||||
| VP of National Affairs | $363,771 | $0 | $0 | $0 | $0 | $0 | $13,000 | $0 | $0 | $0 | $376,771 | $0 | $0 | $0 |
| Eva Spinelli | ||||||||||||||
| VP of Community Education | $167,430 | $0 | $0 | $0 | $0 | $0 | $8,180 | $0 | $6,442 | $0 | $182,052 | $0 | $0 | $0 |
| Franklin Steen | ||||||||||||||
| VP of Technology | $226,255 | $0 | $0 | $0 | $0 | $0 | $9,417 | $0 | $18,987 | $0 | $254,659 | $0 | $0 | $0 |
| Marian Stoltz-Loike | ||||||||||||||
| VP ONLINE EDUCATION & DEAN LCW | $180,621 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5,139 | $0 | $185,760 | $0 | $0 | $0 |
| Arthur Prancan | ||||||||||||||
| Associate Professor | $290,446 | $0 | $0 | $0 | $0 | $0 | $4,500 | $0 | $0 | $0 | $294,946 | $0 | $0 | $0 |
| Gary Shaw | ||||||||||||||
| Professor | $219,404 | $0 | $0 | $0 | $0 | $0 | $11,520 | $0 | $12,417 | $0 | $243,341 | $0 | $0 | $0 |
| Harold Abramson | ||||||||||||||
| Professor | $247,166 | $0 | $0 | $0 | $0 | $0 | $12,037 | $0 | $6,442 | $0 | $265,645 | $0 | $0 | $0 |
| Kenneth Steier | ||||||||||||||
| Dean Tourocom Middletown | $293,763 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18,009 | $0 | $311,772 | $0 | $0 | $0 |
| Richard Klein | ||||||||||||||
| Professor | $263,566 | $0 | $0 | $0 | $0 | $0 | $8,657 | $0 | $6,443 | $0 | $278,666 | $0 | $0 | $0 |
| LAWRENCE RAFUL | ||||||||||||||
| FORMER DEAN LAW SCHOOL, PROF. | $195,638 | $0 | $0 | $0 | $0 | $0 | $10,144 | $0 | $12,187 | $0 | $217,969 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCH J Part I LINE 1A | THE PRESIDENT AND SOME OF THE OFFICERS ARE PROVIDED WITH UPGRADED TRAVEL AND SPOUSAL TRAVEL ON CERTAIN TRIPS. THE PRESIDENT WAS PROVIDED WITH A CAR AND DRIVER FOR BUSINESS PURPOSES. ALL OF THE BENEFITS ARE NON-TAXABLE. THE EXECUTIVE VP IS PROVIDED HOUSING AS A TAXABLE BENEFIT. |
| BOARD APPROVAL | Form Sch J Part I Line 1b THE BENEFITS PROVIDED TO THE PRESIDENT ARE APPROVED BY THE BOARD. BENEFITS PROVIDED TO THE OFFICERS ARE APPROVED BY THE PRESIDENT. |
| PART II, COLUMN D | Form Sch J Part II 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 COLLEGE PROVIDED HOUSING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE COLLEGE; AS SUCH THOSE HOUSING AMOUNTS ARE NONTAXABLE. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd | CUSIPCUSIPNum |
|---|---|---|---|---|---|---|---|---|
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK 2013A | ||||||||
| A | 146000293 | 2013-12-18 | $19,520,000 | REFINANCE TAXABLE LOAN | false | false | false | |
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK 2014A | ||||||||
| B | 146000293 | 2014-06-26 | $59,716,460 | ACQUIRE AND RENOVATE FACILITIES | false | false | Yes (true) | 649907M82 |
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK 2014A | ||||||||
| C | 146000293 | 2014-10-22 | $41,475,000 | REFUND PRIOR ISSUE (12/6/2011) | false | false | false | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 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 | $398,155 | $0 | $19,520,000 | $0 | $0 | $0 | $386,587 | $0 | $0 | $19,133,413 | $0 | $0 | 2006 | false | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $11,380,178 | $801,587 | $311,858 | $0 | $245,650 | $0 | $0 | $10,021,083 | $0 | $0 | 2014 | false | false | Yes (true) | Yes (true) |
| C | $465,000 | $0 | $41,475,000 | $0 | $0 | $0 | $826,365 | $0 | $0 | $0 | $40,648,635 | $0 | 2007 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropPct |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0 | false | false | false | Yes (true) | |
| B | false | false | false | false | 0 | false | false | false | Yes (true) | 0.00000 |
| C | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 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 | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PEOPLES UNITED BANK | |||||||||||||
| A | false | Yes (true) | Yes (true) | false | Yes (true) | Yes (true) | 10. | false | false | false | 0 | false | Yes (true) |
| 0 | |||||||||||||
| B | false | Yes (true) | false | false | false | false | false | false | false | 0 | false | Yes (true) | |
| 0 | |||||||||||||
| C | false | Yes (true) | Yes (true) | false | Yes (true) | false | false | 0 | false | Yes (true) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE B | FormAndLineReferenceDesc |
| Explanation | 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 COLLEGE. THE OTHER BENEFICIARY OF THE POOLED FINANCING IS NEW YORK MEDICAL COLLEGE, AN AFFILIATED NOT-FOR PROFIT ORGANIZATION. | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| LAWRENCE RAFUL | |||||||
| FORMER DEAN & PROF. | PURCHASE A RESIDENCE | Yes (X) | $200,000 | $200,000 | false | false | Yes (true) |
| DANIEL LANDER | |||||||
| FATHER'S ESTATE | PURCHASE A RESIDENCE | Yes (X) | $280,000 | $50,076 | false | false | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $250,076 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (12 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| LANDER ESTATE | |||
| TRUSTEE TOURO COLLEGE | $695,878 | DECEASED PRES DEFERRAL COMP | false |
| MARK HASTEN | |||
| TRUSTEE TOURO COLLEGE | $3,000,000 | LOAN REPAID | false |
| DANIEL LANDER | |||
| CHANCELLOR'S SPOUSE | $46,354 | EMPLOYEE COMPENSATION | false |
| DANIEL LANDER | |||
| CHANCELLOR'S SISTER | $89,385 | EMPLOYEE COMPENSATION | false |
| DANIEL LANDER | |||
| CHANCELLOR'S SIS SPOUSE | $140,591 | EMPLOYEE COMPENSATION | false |
| DANIEL LANDER | |||
| CHANCELLOR'S SISTER | $62,491 | EMPLOYEE COMPENSATION | false |
| DANIEL LANDER | |||
| CHANCELLOR'S SISTER | $79,383 | EMPLOYEE COMPENSATION | false |
| MARK HASTEN | |||
| TRUSTEE'S GRANDAUGHTER | $3,282 | EMPLOYEE COMPENSATION | false |
| SOLOMON GOLDFINGER | |||
| TRUSTEE'S CHILD'S SPOUSE | $53,066 | EMPLOYEE COMPENSATION | false |
| SOLOMON GOLDFINGER | |||
| TRUSTEE'S SISTER'S SPOUSE | $82,162 | EMPLOYEE COMPENSATION | false |
| STANLEY BOYLAN | |||
| OFFICER'S SPOUSE | $43,854 | EMPLOYEE COMPENSATION | false |
| MENACHEM GENACK | |||
| OFFICER'S SON | $26,209 | EMPLOYEE COMPENSATION | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCH L PART 4 BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS | FormAndLineReferenceDesc |
| Explanation | TOURO COLLEGE WAS A GUARANTOR OF A LOAN TO A RELATED ORGANIZATION, FROM MARK HASTEN, TRUSTEE OF TOURO COLLEGE. SUCH LOAN WAS REPAID IN AUGUST 2014. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1, AND PART III, LINE 1, MISSION STATEMENT: | THE COLLEGE'S PRIMARY PURPOSE IS TO PROVIDE AN INDEPENDENT INSTITUTION OF HIGHER AND PROFESSIONAL EDUCATION. IT WAS ESTABLISHED PRIMARILY TO ENRICH THE JEWISH HERITAGE AND TO SERVE THE LARGER AMERICAN COMMUNITY. THE COLLEGE 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 AND A SCHOOL OF OSTEOPATHIC MEDICINE. THE COLLEGE HAD AN AVERAGE ENROLLMENT OF APPROXIMATELY 15,000 DURING THE FISCAL YEAR. |
| FORM 990, PART III, LINE 4A | ACADEMIC SUPPORT: TOURO COLLEGE PROVIDES STAFF AND OPERATIONAL SUPPORT FOR ACADEMIC PROGRAMS OF VARIOUS SCHOOLS WITHIN THE LARGER TOURO SYSTEM AND EACH SCHOOL PAYS TOURO COLLEGE FOR A PORTION OF THAT SUPPORT AND RECEIVES OTHER SERVICES WITHOUT CHARGE. FROM TIME TO TIME, TOURO COLLEGE RECEIVES ACADEMIC SUPPORT FROM OTHER SCHOOLS IN THE TOURO SYSTEM. DURING THIS REPORTING YEAR, THE BOARDS OF SEVERAL TOURO SYSTEM SCHOOLS VOTED TO FORGIVE PORTIONS OF THE RECEIVABLES THAT HAD ARISEN OVER THE YEARS IN THE CONTEXT OF ACADEMIC SUPPORT AMONG THOSE SCHOOLS AND THOSE FORGIVENESS EVENTS ARE REPORTED AS GRANTS RECEIVED ($24,500,000) AND GRANTS PAID ($6,500,000) ON THE TOURO COLLEGE RETURN. |
| FORM 990, PART VI, SECTION A, LINE 2, FAMILY RELATIONSHIP: | JAY SEXTER AND EVA SPINELLI ARE HUSBAND AND WIFE. |
| FORM 990,PART VI, SECTION B, LINE 11B, FORM 990 REVIEW PROCESS: | CONTROLLER, AUDITORS, OFFICERS AND THE AUDIT COMMITTEE OF THE BOARD OF THE ORGANIZATION REVIEW THE FORM 990. |
| FORM 990,PART VI, SECTION B, LINE 12C, CONFLICT OF INTEREST POLICY: | THE ANNUAL BOARD QUESTIONNAIRE, WHICH REQUIRES DISCLOSURE OF CONFLICT OF INTEREST AND OTHER DETAILS, IS CIRCULATED TO ALL OF THE BOARD MEMBERS AND IS REVIEWED BY IN-HOUSE COUNSEL. KEY EMPLOYEES NOTIFY TOURO ANY TIME CONFLICTS OF INTEREST ARISE. THE COLLEGE PERIODICALLY CIRCULATES A FULL QUESTIONNAIRE FOR SUCH INDIVIDUALS TO COMPLETE. |
| FORM 990, PART VI, SECTION B, LINE 15A, EXECUTIVE 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 WHEN THEIR CONTRACTS ARE RENEWED. |
| FORM 990, PART VI, SECTION C, LINE 19, DOCUMENTATION AVAILABLE TO PUBLIC: | THE COLLEGE MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC. CERTAIN GOVERNING POLICIES ARE INCLUDED IN TOURO COLLEGE WEBSITE (WWW.TOURO.EDU); HOWEVER ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE PUBLIC. THE ANNUAL FINANCIAL STATEMENTS ARE FILED ON THE ELECTRONIC MUNICIPAL ACCESS SYSTEM (EMMA) WHERE THEY ARE AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: | ASSETS RECLASS FROM LAW SCHOOL FOUNDATION FUND $22,207 ASSET RECLASS TO YESHIVAS OHR HACHAIM (206,099) ============ TOTAL TO FORM 990 PART XI, LINE 9 (183,892) |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| WARWICK ACADEMIC ASSOCIATES LLC | |||||||||
| C/O TOURO COLLEGE 500 7TH AVE | NEW YORK | NY | 10018 | 204236301 | HOLDING CO. | NY | $71,046 | $3,216,209 | TOUROCOLLEGE |
| CENTER FOR HEALTH OUTCOME RESEARCH LLC | |||||||||
| C/O TOURO COLLEGE 500 7TH AVE | NEW YORK | NY | 10018 | 272347268 | RESEARCH CTR. | DE | $0 | $0 | TOUROCOLLEGE |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TOURO UNIVERSITY | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 133838740 | EDUCATION | CA | 501(C)(3) | LINE 2 | TOUROCOLLEGE | Yes (true) | ||||
| TOURO UNIVERSITY NEVADA | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 200363127 | EDUCATION | NV | 501(C)(3) | LINE 2 | TOUROCOLLEGE | Yes (true) | ||||
| TOURO COLLEGE AND UNIVERSITY SYSTEM INC | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 680646771 | EDUCATION | NJ | 501(C)(3) | LINE 2 | TOUROCOLLEGE | Yes (true) | ||||
| YESHIVAS OHR HACHAIM | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 112808947 | EDUCATION | NY | 501(C)(3) | LINE 2 | TOUROCOLLEGE | Yes (true) | ||||
| RABBI DOV REVEL YESHIVA OF FOREST HILLDS | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 111681674 | EDUCATION | NY | 501(C)(3) | LINE 2 | TOUROCOLLEGE | Yes (true) | ||||
| TOURO LAW CENTER DEVELOPMENT FOUNDATION | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 133922718 | SUPPORT ORG | NY | 501(C)(3) | LINE 11A, 1 | TOUROCOLLEGE | Yes (true) | ||||
| TOURO COLLEGE FDN FOR JEWISH STUDIES | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 133629225 | SUPPORT ORG | NY | 501(C)(3) | LINE 11A, 1 | TOUROCOLLEGE | Yes (true) | ||||
| NYMC LLC | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 271481147 | MEMBER NYMC | DE | 501(C)(3) | LINE 11A, 1 | TOUROCOLLEGE | Yes (true) | ||||
| NEW YORK MEDICAL COLLEGE | ||||||||||||||
| 40 SUNSHINE COTTAGE ROAD | VALHALLA | NY | 10595 | 131099420 | EDUCATION | NY | 501(C)(3) | LINE 2 | NYMC LLC | Yes (true) | ||||
| THE PARTNERSHIP FOR A HEALTHY POPULATION | ||||||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 134028993 | HEALTH STUDY | NY | 501(C)(3) | LINE 9 | TOUROCOLLEGE | Yes (true) | ||||
| TOURO COLLEGE BERLIN GGMBH BERLIN | ||||||||||||||
| EDUCATIONAL | 501(C)(3) | TOUROCOLLEGE | Yes (true) | AM RUPERHORN 4 14055 | BERLIN | GM | GM | |||||||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Touro Speech & Rehab | ||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 134180235 | INACTIVE | NY | NA | C CORP | 1.00000 | Yes (true) |
| Touro Foundation Corporation | ||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 134014618 | INACTIVE | NY | NA | C CORP | 1.00000 | Yes (true) |
| Touro University Foundation | ||||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 943318585 | INACTIVE | CA | NA | C CORP | 1.00000 | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| 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 | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (13 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| TOURO UNIVERSITY CALIFORNIA | ||
| c | $13,500,000 | DEEMED GRANT |
| TOURO UNIVRSITY NEVADA | ||
| c | $11,000,000 | DEEMED GRANT |
| YESHIVAS OHR HACHAIM | ||
| b | $6,500,000 | DEEMED GRANT |
| YESHIVAS OHR HACHAIM | ||
| s | $4,269,626 | CASH TRANSFER |
| TOURO UNIVRSITY NEVADA | ||
| o | $5,908,511 | CASH TRANSFER |
| TOURO UNIVERSITY CALIFORNIA | ||
| o | $8,692,008 | CASH TRANSFER |
| TOURO UNIVRSITY NEVADA | ||
| s | $6,925,402 | CASH TRANSFER |
| TOURO UNIVERSITY CALIFORNIA | ||
| s | $4,570,938 | CASH TRANSFER |
| TOURO LAW SCHOOL DEVELOPMENT FOUNDATION | ||
| l | $95,090 | CASH TRANSFER |
| RABBI DOV REVEL YESHIVA OF FOREST HILLS | ||
| k | $253,356 | CASH TRANSFER |
| RABBI DOV REVEL YESHIVA OF FOREST HILLS | ||
| s | $1,888,847 | CASH TRANSFER |
| NEW YORK MEDICAL COLLEGE | ||
| K | $625,000 | CASH TRANSFER |
| YESHIVAS OHR HACHAIM | ||
| d | $3,000,000 | CASH TRANSFER |