2013-01-11T16:04:33-06:00 2012-08-31 PricewaterhouseCoopers LLP 677 BROADWAY ALBANY NY 12207 990 2011-09-01 131916574 NEW YORK CHIROPRACTIC COLLEGE % SEAN ANGLIM NEWY 3155683000 PO BOX 800 2360 STATE ROUTE 89 SENECA FALLS NY 131480800 SEAN ANGLIM 2013-01-09 true Jeffrey C Hamilton 5184622030 2011 2016-02-25 16:41:14Z Dr Frank Nicchi New York Chiropractic College Seneca Falls NY 13148 29418244 false X WWW.NYCC.EDU X 1919 NY New York Chiropractic College's mission is the commitment to the achievement of academic excellence, quality patient care, and professional leadership. 18 17 648 17 92291 -96030 1324647 937415 22855407 23721575 1031267 739081 27713 21284 25239034 25419355 687260 792158 0 0 15117085 15913907 0 0 405737 9223337 8927871 25027682 25633936 211352 -214581 76210185 76825446 34401386 34435605 41808799 42389841 X NEW YORK CHIROPRACTIC COLLEGE'S MISSION IS THE COMMITMENT TO THE ACHIEVEMENT OF ACADEMIC EXCELLENCE, QUALITY PATIENT CARE, AND PROFESSIONAL LEADERSHIP. THE VISION IS TO BE RECOGNIZED AS THE LEADING INSTITUTION FOR EDUCATION AND TRAINING OF INTEGRATED AND NATURAL HEALTH CARE PROFESSIONALS AND ACADEMICIANS. DEGREE OFFERINGS INCLUDE THE DOCTOR OF CHIROPRACTIC AND MASTER OF SCIENCE DEGREES IN ACUPUNCTURE AND ORIENTAL MEDICINE, APPLIED CLINICAL NUTRITION, HUMAN ANATOMY AND PHYSIOLOGY INSTRUCTION (ONLINE), DIAGNOSTIC IMAGING, AND CLINICAL ANATOMY. false false 20264711 792158 23721575 New York Chiropractic College (NYCC), located in Seneca Falls, NY, is a private 501(c) (3), not-for-profit educational institution established in 1919 through Absolute Charter from the New York State Board of Regents, offering multiple academic programs and highly diversified natural healthcare instruction. Coursework at NYCC emphasizes integrative, natural, and collaborative healthcare approaches offered through accredited, degree-granting programs as follows: -Doctor of Chiropractic -Master of Science in Acupuncture & Oriental Medicine -Through its Finger Lakes School of Acupuncture and Oriental Medicine -Master of Science in Applied Clinical Nutrition (100% online) -Master of Science in Human Anatomy and Physiology Instruction (100% online) -Master of Science in Diagnostic Imaging -Master of Science in Clinical Anatomy -Bachelor of Science in Professional Studies The College's mission encourages the achievement of academic excellence, quality patient care and professional leadership. Integrative Healthcare Education An important aspect of educational programming at NYCC includes the operation of four Community Health Centers in New York State (Seneca Falls, Rochester, Buffalo, and Long Island), each of which provides natural healthcare services and serves as an innovative model for patient centered and integrative healthcare throughout the country. Additionally, NYCC students engage in clinical rotations within several hospitals and other conventional healthcare settings which provide integrative, real-world experience that prepares them for a rapidly evolving health care marketplace. Unique clinical partnerships which enable students to participate in clinical rounds and provide patient care include the Walter Reed National Military Medical Center in Bethesda Maryland, five Veteran Administration Hospitals/Health Centers, and Monroe Community Hospital. Additionally, under faculty supervision, students provide natural healthcare services at the health centers of the New York State University System at Buffalo, Stony Brook, Farmingdale, and St. John Fisher University. Fiscal-Year Exempt Purpose Achievements The College graduated 223 students during the fiscal 2012 year detailed as follows: -Doctor of Chiropractic (161) -Master of Science in Acupuncture and Oriental Medicine (18) -Master of Science in Applied Clinical Nutrition (15) -Master of Science in Human Anatomy and Physiology Instruction (1) -Master of Science in Diagnostic Imaging (3) -Master of Science in Clinical Anatomy (1) -Bachelor of Science in Professional Studies (24) The College established an integrated care chiropractic residency program with the Canandaigua VA Medical Center, the first such program to be located at a Veteran's Health Administration facility. Instruction will prepare the College's chiropractic clinical residents regarding optimal management of patients presenting a diversity of musculoskeletal disorders. Residents will work alongside VA established providers and duties will include rotations with various specialists in neurology, orthopedics, physiatry, pain management, primary care and physical therapy. The College has teamed up with Foot Levelers, Inc. on a research initiative involving a randomized controlled trial at the Canandaigua VA medical center over a two year period to assess the effectiveness of custom foot orthotics for veterans with chronic lower back pain and to evaluate the effect of custom foot orthotics on improvement in pain and disability in this patient population. The College has launched a new orthotics elective course, Advanced Lower Extremity Movement Analysis and Uses of Orthotics. The course provides a better understanding of the science behind orthotics and allows students to assess their application to particular healthcare conditions, experience orthotics firsthand and scan others for purposes of discerning contact patterns each foot makes on a flat surface while bearing weight. The College, in collaboration with the University of Rochester, was chosen by the National Institute of Health (NIH) to be included in a nationwide coalition of Centers of Excellence in Pain Education. The endeavor aims to improve pain treatment for patients by enhancing how healthcare professionals are taught about the causes and wide variety of treatments available to manage pain. The College developed, a new elective course in ConnecTX Therapy, which is an instrument assisted soft tissue mobilization technique customized to assist manual therapists in the detection and treatment of various connective-tissue disorders and directed by newly established protocols that include a prescriptive exercise program. The College will offer future postgraduate instruction in ConnecTX Therapy leading to certification in the techniques and protocols. The College was awarded a three year grant to fund a system that assists colleges in their effort to achieve and maintain accreditation, helping streamline report preparation, manage supporting documents, track progress and publish submissions. The College was awarded two nutritional research grants from Beachbody. One grant evaluated a product's impact on weight and other health markers prior to its public launch. A second grant funded a meal replacement study comparing two sources of protein and their effect on weight loss and other health markers. The College earned a place on The Chronicle of Higher Education's 2012 Great Colleges to Work For "2012 Honor Roll," a program that recognizes colleges, through a survey of its employees, for exceptional practices and policies in such areas as, work/life balance, compensation, benefits, facilities, safety, communication and leadership. This was the fourth consecutive year of recognition for NYCC as a "Great College to Work For" and the third year running for "Honor Roll" status. The College launched a mobile web site application that optimizes customer service and enables prospective students to request information, to connect with an admissions counselor, and even apply to the College online. In addition, current students can now check their grades, communicate with faculty and review course schedules online. Standard and Poor's affirmed the College's investment grade, "BBB Stable Outlook" credit rating for its long-term bond obligations. 20264711 true true false true false false false false false true true true false false true false true false true false true false false false false false false true true true true false false false false false false true false false false true false false false false false false false false false true 88 0 true 648 true true true true CJ false false false false false false false false X 18 17 true false false false false false false true true false false true true true true true true true true false X SEAN ANGLIM 3155683000 2360 STATE ROUTE 89 Seneca Falls NY 13148 Dr Lewis Bazakos 1.0 X 0 0 0 Dr Robert Daley 1.0 X 0 0 0 Dr Thomas De Vita 1.0 X 0 0 0 Dr Sylvia Heyman 1.0 X 0 0 0 Mr Robert Kernan 1.0 X 0 0 0 Mr Walter McCarthy 1.0 X 0 0 0 Dr George McClelland 1.0 X 0 0 0 Dr Tyran Mincey 1.0 X 0 0 0 Dr Serge Nerli 1.0 X 375 0 0 Ms Catherine Richardson 1.0 X 0 0 0 Dr John Rosa 1.0 X 0 0 0 Ms Elizabeth Shiah 1.0 X 0 0 0 Dr Karen Erickson 1.0 X 125 0 0 Dr Frank Lizzio 1.0 X 0 0 0 Dr Frank Nicchi 35.0 X X 244431 0 148265 Dr G Lansing Blackshaw 1.0 X 0 0 0 Dr James Powell 1.0 X 0 0 0 Dr Yusef Barnes 1.0 X 0 0 0 mr john palmucci 1.0 X 0 0 0 Sean Anglim 35.0 X 176734 0 19460 Dr Michael Mestan 35.0 X 191093 0 35050 Dr Robert Ruddy 35.0 X 122516 21609 Ms Diane Dixon 35.0 X 111138 9158 Dr Veronica Wicks 35.0 X 101520 19662 Dr Matthew Cote 35.0 X 122390 21852 Peter VanTyle 35.0 X 104832 23828 1175154 0 298884 9 false true false RL stone co inc 2570 baird road PENFIELD NY 14526 air quality system 122487 Seneca Security Service 4922 Rt 89 ROMULUS NY 14541 Security Services 225076 Apple Roofing Corp PO BOX 3105 SYRACUSE NY 13211 Roof Installation 258359 Bond Schoeneck King Pllc One Lincoln Center SYRACUSE NY 13202 Legal Services 177816 Neurodiagnostic Consultants 3516 Cardinal Blvd DAYTONA BEACH FL 32118 seminar services 114804 6 404207 533208 65173 937415 TUITION AND FEES 611310 21746863 21746863 CLINIC REVENUES 621400 989220 989220 GOLF COURSE REVENUES 713910 58691 58691 HOUSING/FOOD REVEN 721000 631845 631845 ATHLETIC CENTER 713940 204088 204088 90868 57268 33600 23721575 438430 438430 0 0 7176 7176 7176 7176 4299540 3991703 7186 307837 -7186 300651 300651 14108 14108 14108 0 0 0 25419355 23629284 92291 760365 6175 6175 785983 785983 0 0 894203 894203 0 12192673 10390573 1551896 250204 724648 613129 95859 15660 1189202 900962 247248 40992 913181 757902 137992 17287 0 192520 192520 85225 85225 0 0 57722 57722 79087 73212 5875 349836 334567 10735 4534 914653 601805 309148 3700 164472 5357 158711 404 0 832966 786426 46540 602034 356548 242277 3209 0 41709 24243 16818 648 903671 815155 88516 0 1972526 1871779 100747 371110 65754 305356 MISCELLANEOUS SERVICES 674021 652635 20486 900 SERVICE CONTRACTS 619017 465399 153618 REPAIRS 269339 256373 12966 DUES LICENSES & PERMITS 172767 144862 27430 475 625196 355872 201600 67724 25633936 20264711 4963488 405737 5691409 6577410 344140 377394 0 0 522669 370507 0 0 0 0 1548504 1556487 0 0 534766 830360 54426976 32501246 22459737 21925730 13396729 11747744 29662713 31417420 0 0 0 0 2049518 2022394 76210185 76825446 2389134 2517926 0 0 9245636 9778178 18655266 17887551 0 0 0 0 762247 734091 0 0 3349103 3517859 34401386 34435605 X 41649655 42210831 79144 99010 80000 80000 41808799 42389841 76210185 76825446 X -214581 795623 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 6311 false false false 6311 false false 42999854 21303 1454928 4000 1351000 43121085 39326331 810 4213767 41054 500000 42999854 38725703 810 1955318 5500 1350000 39326331 44727609 2288 -5498694 5500 500000 38725703 0.99600 0.00200 0.00200 false false 1309001 1309001 42947982 24173518 18774464 28736 5630 23106 8924875 7604119 1320756 1216382 717979 498403 21925730 FIXED INCOME SECURITIES 26778 F FOREIGN EQUITY SECURITIES 9050202 F HEDGE FUNDS 15477328 F REAL ASSETS 6863112 F 31417420 0 FEDERAL STUDENT LOAN FUNDS 1830448 ASSET RETIREMENT OBLIGATION 1687411 3517859 25419355 25633936 -214581 900562 -104939 795623 581042 25375274 900562 -886922 13640 25361634 57721 57721 25419355 24790232 24790232 57721 785983 843704 25633936 Part XI Line 8: Reconciliation of Change in Net Assets Temporarily restricted gifts: $21,302 assets released from restriction: ($4,000) Investment expense adjustment ($122,241) ========== Total: ($104,939) ========== Part XII Line 2d: Reconciliation of Revenue per Audited Financial Statements Internal scholarships: ($785,983) temporarily restricted gifts: $21,302 investment expense adjustment: ($122,241) ========== total: ($886,922) ========== Part XIII Line 4b: Reconciliation of Expenses per Audited Financial Statements Internal scholarships: ($785,983) Part V Line 4: Endowment Funds The board designated/quasi-endowment portion of the funds are used to provide a source of funding for the annual budget along with funding strategic initiatives. The income from the permanent endowment along with the term endowment is used to provide scholarships for students. Unrestricted funds functioning as quasi endowment are covered under the Board of Trustees' spending policy which is determined annually and is targeted to be aproximately 5% of a 16 quarter moving average of the fund's total market value. Temporarily restricted funds are appropriated for expenditure based on the direction of the donor. Endowment funds are invested to maximize long term returns consistent with prudent levels of risk appropriate to the management of such long term funds. Diversification of investments is designed to ensure a total return of income plus capital appreciation necessary to preserve and enhance the principal of the funds and at the same time, provide a dependable source of income for current operations and programs. true true true true true true true false false false false false false false false true false true Student Financial Aid Schedule E, Part I, Line 6 Student financial aid is received by the college. Racially Nondiscriminatory Policy Schedule E, Part I, Line 3 Included with all publicity and advertisements. East Asia and the Pacific Program Services Study Abroad Trip 9259 9259 9259 false false false false false false true X Various Scholarships to Students 309 785983 Schedule I, Part I General Information on Grants & Assistance Merit and academic scholarships are awarded to students based on previous and current academic achievement. Other internal and endowed scholarships are awarded to students based on criteria specific to the scholarship. Scholarships awarded are monitored by the Financial Aid and the Finance Office of the College. X X X X true true X X X X false true false false false false false true false Dr Frank Nicchi 230926 0 0 0 13505 0 106960 0 41305 0 392696 0 0 0 Sean Anglim 169734 0 7000 0 0 0 13724 0 5736 0 196194 0 0 0 Dr Michael Mestan 174151 0 7000 0 9942 0 14407 0 20643 0 226143 0 0 0 Part 1 line 1a: Schedule J - Questions Regarding Compensation Dr. Frank Nicchi receives (college owned) housing as a condition of his employment. The lease value of the housing was $24,000. The cost of cleaning services for the housing ($2,565) was taxed to him as a fringe benefit and included in his W-2. Included in his employment contract is a provision for travel for his spouse. the cost of the spousal travel ($3,950) was taxed to him as a fringe benefit and included in his w-2 earnings. dr. frank nicchi was reimbursed $3,489 for taxes and expenses incurred as a result of an error in the college's calculation of his maximum 403(b) elective deferrals. the reimbursement was taxed to him and included in his w-2 earnings for the 2011 calendar year. part 1 line 4: Schedule J - Questions Regarding Compensation Dr. Frank Nicchi received a contribution into a 457(b) supplemental retirement plan in 2011 of $16,500 and he received a contribution into a 457(f) supplemental retirement plan in 2011 of $71,500 in accordance with his employement contract. These amounts along with the College's 403(b) retirement contribution are reported on Part II, column (C). part 1, line 7: Schedule J - Questions regarding compensation Two officers each received a non-fixed bonus payment of $7,000 in 2011. The amount was included in their W-2 as shown in Part II(B) (ii). seneca county industrial development agency 237329915 816907ap4 2007-05-31 20134306 refinancing of a commercial loan false false false 0 0 20134306 1622250 0 17959344 342290 0 0 0 210423 0 2007 true false true true false true true true false 0.00800 0.00700 0.01500 true false false false 0 false 0 false false X 15192 tuition X equipment 4 30081 selling price X Supplies/supplement 10 27844 selling price X Equipment Lease 1 7248 Selling Price false true false 990 Part VI, Section A, Line 2 Section A. Governing Body & Management A Trustee of the College and an Officer of the College both serve on the board of directors of a local bank. The college did not conduct business with this bank during the year. 990 Part VI, Section B, Line 11b Section A. Governing Body & Management THE COLLEGE'S MANAGEMENT STAFF SUBMITS A DRAFT OF THE FORM 990 TO THE AUDIT COMMITTEE OF THE COLLEGE'S BOARD OF TRUSTEES. THE AUDIT COMMITTEE THEN REVIEWS THE DRAFTED FORM 990 AND PROVIDES ANY COMMENTS IT HAS TO THE MANAGEMENT STAFF. THE COLLEGES MANAGEMENT STAFF SUBMITS A DRAFT OF PART VII AND SCHEDULE J OF THE FORM 990 TO THE EXECUTIVE COMMITTEE OF THE COLLEGES BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE THEN REVIEWS THE DRAFTED PART VII AND SCHEDULE J OF THE FORM 990 AND PROVIDES ANY COMMENTS IT HAS TO THE MANAGEMENT STAFF. ONCE THE REVIEW PROCESS IS COMPLETE, THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE FULL BOARD OF TRUSTEES PRIOR TO FILING. 990, Part VI, Section B, Line 12c Section B. Policies The College regularly and consistently monitors and enforces compliance with its written conflict of interest policy through a required annual conflict of interest questionnaire for Trustees, Officers and/or Management staff ("Covered Persons"). Further, all covered persons are required to notify the Audit Committee of any changes to the information provided in such questionnaire during the year. The audit committee reviews all completed questionnaires (including any subsequent notification of changes) to determine whether a potential conflict exits. If the Audit Committee determines that a potential conflict exists, the Board of Trustees will review the potential conflict, and may implement protective measures, such as the reassignment of the affected Covered Person's responsibilities, if deemed appropriate. If a covered person fails to comply with the conflict of interest policy, the board may take corrective actions, as it deems appropriate, in accordance with the conflict of interest policy. 990 Part VI, Section B, Line 15 Section B. Policies In accordance with the College's Executive compensation policy for Officers, key employees and certain other covered persons (collectively, "Covered Persons"), the executive committee of the board of trustees of the college ("executive Committee") reviews each proposed compensation and benefit arrangements ("Proposed Arrangement") for each covered person to determine whether the proposed arrangement satisfies the "reasonable compensation" requirements set forth in Section 4958 of the Internal revenue code ("Code") (e.g., a review of relevant comparability data, performance reviews and/or other documentation supporting the proposed arrangement). Prior to such review and determination, the executive committee verifies that none of its members have a conflict of interest with respect to the applicable proposed arrangement. If the executive committee determines that a proposed arrangement meets the reasonable compensation requirements it then documents the review and determination process. Proposed arrangements for the College's President, VP of Finance and Administrative Services and Executive VP and Provost are reviewed annually (i.e., all three proposed arrangements for the tax year were reviewed in 2011). 990 Part VI, Section C, Line 19 Section C. Disclosure Copies of the College's governing documents, conflict of interest policy and financial statements are available to the public upon request on a case by case basis. Notwithstanding the preceding sentence, the College makes available to the public any documentation included on a form that is required to be made publicly available in accordance with the Internal Revenue Code and applicable regulations thereunder (e.g. the Form 990). Part XI, Line 5 Reconciliation of Net Assets Net unrealized gains (losses) on investments: 900,562 Temporarily restricted gifts: $21,303 Assets released from restriction ($4,000) Investment expense adjustment [($179,962) + $57,720] ($122,242) ========== total 795,623 ==========