TOURO UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- TOURO UNIVERSITY (EIN 13-2676570)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201211369349306581
- Schema version
- 2010v3.4
- 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 M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T15:42:36-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PERELSON WEINER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE DAG HAMMARSKJOLD PLAZA | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100172286 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132676570 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TOURO COLLEGE CO MELVIN M NESS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TOUR | NameControl |
| Phone | 2124630400 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 27-33 WEST 23RD STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10010 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MELVIN NESS | Name |
| Title | SENIOR VP & CFO | Title |
| Phone | 2124600400 | Phone |
| Date Signed | 2012-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RONALD G WEINER CPA | Name |
| Phone | 2126053100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MELVIN NESS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O TOURO COLLEGE 27-33 WEST 23RD | AddressLine1 |
| Address Line2 | STREET | AddressLine2 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 249847719 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.TOURO.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1970 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | 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 ASSOCIATE DEGREES, A GRADUATE PROGRAM 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 4129 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5263264 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 15997271 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 156462027 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 177236059 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5610409 | InvestmentIncomePriorYear |
| Investment Income Current Year | 681790 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 4438238 | OtherRevenuePriorYear |
| Other Revenue Current Year | 9324338 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 171773938 | TotalRevenuePriorYear |
| Total Revenue Current Year | 203239458 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 378924 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1399728 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 119841105 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 122573782 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 48646 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 96509 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1592504 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 71118481 | OtherExpensePriorYear |
| Other Expenses Current Year | 88413596 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 191387156 | TotalExpensesPriorYear |
| Total Expenses Current Year | 212483615 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -19613218 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -9244157 | RevenuesLessExpensesCY |
| Total Assets BOY | 302817029 | TotalAssetsBOY |
| Total Assets EOY | 300664410 | TotalAssetsEOY |
| Total Liabilities BOY | 172972474 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 175755766 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 129844555 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 124908644 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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 ASSOCIATE DEGREES, A GRADUATE PROGRAM 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 185176567 | Expense |
| Grants | 1399728 | Grants |
| Revenue | 176039932 | Revenue |
| Description | THE COLLEGE PROVIDED EDUCATION TO APPROXIMATELY 15,000 UNDERGRADUATE, GRADUATE AND PROFESSIONAL STUDENTS DURING THE FISCAL YEAR IN VARIOUS FIELDS OF STUDIES. | Description |
| Total Program Service Expense | 185176567 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 1 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 291 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 4129 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | IS | NameOfForeignCountry |
| Name Of Foreign Country | GM | NameOfForeignCountry |
| Name Of Foreign Country | FR | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STUART LIPPMANCONTROLLER- TOURO COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2124630400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 27-33 WEST 23RD STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10010 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (32 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| ABRAHAM BIDERMAN | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| RABBI DANIEL LANDER | ||||||||
| TRUSTEE & VICE PRESIDENT | 8.00 | X | 0 | 178378 | 89127 | X | ||
| JACK WEINREB | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| LAWRENCE PLATT | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| MARK HASTEN | ||||||||
| CHAIRMAN-BOARD OF TRUSTEES | 0.00 | X | 0 | 0 | 0 | |||
| MARTIN OLINER ESQ | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| BEN CHOUAKE | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| MENACHEM GENACK | ||||||||
| TRUSTEE | 0.00 | X | 0 | 65567 | 587 | |||
| SOLOMON GOLDFINGER | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| DAVID LICHTENSTEIN | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| STEVE ROSENBERG | ||||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |||
| ALAN KADISH | ||||||||
| PRESIDENT & TRUSTEE | 35.00 | X | 496019 | 0 | 88195 | X | ||
| ALAN CINER | ||||||||
| VP - TOURO SOUTH | 35.00 | 120838 | 0 | 45477 | X | |||
| ANTHONY POLEMINI | ||||||||
| VICE PRESIDENT | 35.00 | 196062 | 0 | 1741 | X | |||
| EVA SPINELLI | ||||||||
| VP - COMMUNITY EDUCATION | 35.00 | 157823 | 0 | 6067 | X | |||
| JAY SEXTER | ||||||||
| VP - NATIONAL AFFAIRS | 35.00 | 317967 | 0 | 2173 | X | |||
| MELVIN NESS | ||||||||
| SENIOR VP & CFO | 35.00 | 254343 | 0 | 22048 | X | |||
| MOSHE KRUPKA | ||||||||
| SENIOR VP OF COLLEGE AFFAI | 35.00 | 87461 | 0 | 114281 | X | |||
| ROBERT GOLDSCHMIDT | ||||||||
| VP - PLANNING & ASSESSMENT | 35.00 | 149134 | 0 | 30987 | X | |||
| SHALOM HIRSCHMAN | ||||||||
| SENIOR VP FOR GRAD. & PROF | 35.00 | 244207 | 0 | 9211 | X | |||
| SHELDON SIROTA | ||||||||
| VP - OSTEOPATHIC MEDICAL | 35.00 | 218800 | 0 | 9078 | X | |||
| STANLEY BOYLAN | ||||||||
| VP- UNDERGRAD. EDUCATION | 35.00 | 123072 | 0 | 37095 | X | |||
| FRANKLYN SNITOW | ||||||||
| SECRETARY | 35.00 | 0 | 0 | 0 | X | |||
| ALAN SCHOOR | ||||||||
| SR. VICE PRESIDENT OF OPER | 35.00 | 201988 | 0 | 32842 | X | |||
| ERIC LEVINE | ||||||||
| VICE PRESIDENT INSTITUTIONAL ADVANCEMENT | 35.00 | 135651 | 0 | 32833 | X | |||
| ISRAEL SINGER | ||||||||
| VICE PRESIDENT | 35.00 | 116419 | 0 | 9673 | X | |||
| PAUL WALLACH | ||||||||
| FACULTY | 35.00 | 238503 | 0 | 42363 | X | |||
| HAROLD ABRAMSON | ||||||||
| LAW PROF | 35.00 | 240346 | 0 | 6420 | X | |||
| DAVID SANDOR | ||||||||
| DIRECTOR OF CHOREBM | 35.00 | 275014 | 0 | 15440 | X | |||
| RICHARD KLEIN | ||||||||
| LAW PROFESSOR | 35.00 | 246867 | 0 | 6804 | X | |||
| ROBERT GOLDBERG | ||||||||
| DEAN | 35.00 | 289057 | 0 | 33100 | X | |||
| BERNARD LANDER | ||||||||
| FORMER PRESIDENT- DECEASED | 0.00 | 110501 | 0 | 10725 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4220072 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 243945 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 646267 | TotalOtherCompensation |
| Number Individuals GT100 K | 181 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SECURITAS SECURITY SERVICES USA INC | |||||
| PO BOX 403412 | ATLANTA | GA | 30384 | SECURITY | 1943631 |
| DOW LOHNES PLLC | |||||
| 1200 NEW HAMPSHIRE AVE NW STE 800 | WASHINGTON | DC | 20036 | LEGAL | 750591 |
| GETZLER HENRICH & ASSOCIATES LLC | |||||
| 295 MADISON AVENUE 20TH FL | NEW YORK | NY | 10017 | CONSULTANT | 671906 |
| PERELSON WEINER LLP | |||||
| ONE DAG HAMMARSKJOLD PLAZA | NEW YORK | NY | 10017 | ACCOUNTING SERVICES | 569625 |
| SNITOW KANFER HOLTZER & MILLUS LLP | |||||
| 575 LEXINGTON AVENUE | NEW YORK | NY | 10022 | LEGAL | 504812 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 24 | NumberOfContractorsGT100K |
| Fundraising Events | 148522 | FundraisingEvents |
| Government Grants | 4637754 | GovernmentGrants |
| All Other Contributions | 11210995 | AllOtherContributions |
| Noncash Contributions | 5067635 | NoncashContributions |
| Total Contributions | 15997271 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STUDENT TUITION / FEES | 611600 | 176039932 | 176039932 |
| RESEARCH INCOME | 541700 | 1196127 | 1196127 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 177236059 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 255051 | TotalRevenueColumn |
| Exclusion | $255,051 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 47032000 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 46605261 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 426739 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 426739 | TotalRevenueColumn |
| Exclusion | $426,739 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 0 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 148522 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 3000 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -3000 | TotalRevenueColumn |
| Exclusion | -$3,000 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| SHARED COSTS INCOME | 900099 | 5182784 | 5182784 | $0 |
| DORMITORY FEES | 611710 | 1740085 | $1,740,085 | |
| OTHER INCOME | 900099 | 1348473 | 1069557 | $278,916 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1055996 | TotalRevenueColumn |
| Exclusion | $1,055,996 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 9327338 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 203239458 | TotalRevenueColumn |
| Related Or Exempt Function Income | 183488400 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,753,787 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6000 | Total |
| Program Services | 6000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 693728 | Total |
| Program Services | 693728 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 700000 | Total |
| Program Services | 700000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3448870 | Total |
| Program Services | 1188440 | ProgramServices |
| Management And General | 2260430 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101451938 | Total |
| Program Services | 91354419 | ProgramServices |
| Management And General | 9274952 | ManagementAndGeneral |
| Fundraising | 822567 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60778 | Total |
| Program Services | 53618 | ProgramServices |
| Management And General | 6683 | ManagementAndGeneral |
| Fundraising | 477 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10650032 | Total |
| Program Services | 9395394 | ProgramServices |
| Management And General | 1171127 | ManagementAndGeneral |
| Fundraising | 83511 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6962164 | Total |
| Program Services | 6141979 | ProgramServices |
| Management And General | 765592 | ManagementAndGeneral |
| Fundraising | 54593 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1220572 | Total |
| Program Services | 117035 | ProgramServices |
| Management And General | 1093966 | ManagementAndGeneral |
| Fundraising | 9571 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1043268 | Total |
| Management And General | 1043268 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 183051 | Total |
| Program Services | 161487 | ProgramServices |
| Management And General | 20129 | ManagementAndGeneral |
| Fundraising | 1435 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96509 | Total |
| Fundraising | 96509 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3938036 | Total |
| Program Services | 3474111 | ProgramServices |
| Management And General | 433045 | ManagementAndGeneral |
| Fundraising | 30880 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 364606 | Total |
| Program Services | 321653 | ProgramServices |
| Management And General | 40094 | ManagementAndGeneral |
| Fundraising | 2859 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7319488 | Total |
| Program Services | 4984849 | ProgramServices |
| Management And General | 2297228 | ManagementAndGeneral |
| Fundraising | 37411 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3348785 | Total |
| Program Services | 2954278 | ProgramServices |
| Management And General | 368248 | ManagementAndGeneral |
| Fundraising | 26259 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25572700 | Total |
| Program Services | 22560082 | ProgramServices |
| Management And General | 2812093 | ManagementAndGeneral |
| Fundraising | 200525 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1120676 | Total |
| Program Services | 988653 | ProgramServices |
| Management And General | 123235 | ManagementAndGeneral |
| Fundraising | 8788 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 139347 | Total |
| Program Services | 122931 | ProgramServices |
| Management And General | 15323 | ManagementAndGeneral |
| Fundraising | 1093 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 959666 | Total |
| Management And General | 959666 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13054736 | Total |
| Program Services | 11516809 | ProgramServices |
| Management And General | 1435560 | ManagementAndGeneral |
| Fundraising | 102367 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1115695 | Total |
| Program Services | 984259 | ProgramServices |
| Management And General | 122687 | ManagementAndGeneral |
| Fundraising | 8749 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PROGRAMS | 7067739 | 7067739 | ||
| FED STUDENT AID SETTLEM | 4750000 | 4190421 | 522332 | 37247 |
| RECRUITMENT EXPENSES | 4706251 | 4706251 | ||
| DEFEASANCE BOND CHARGES | 3340724 | 2947166 | 367362 | 26196 |
| SECURITY SERVICES | 2302159 | 2030951 | 253156 | 18052 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6866097 | Total |
| Program Services | 6514314 | ProgramServices |
| Management And General | 328368 | ManagementAndGeneral |
| Fundraising | 23415 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 212483615 | Total |
| Program Services | 185176567 | ProgramServices |
| Management And General | 25714544 | ManagementAndGeneral |
| Fundraising | 1592504 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7990924 | BOY |
| EOY | 12811082 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6410752 | BOY |
| EOY | 5973087 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10377896 | BOY |
| EOY | 10408856 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 304879 | BOY |
| EOY | 485885 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3871712 | BOY |
| EOY | 3236806 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4580783 | BOY |
| EOY | 5719351 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 317548147 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 73264730 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 244191079 | BOY |
| EOY | 244283417 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14072308 | BOY |
| EOY | 11956055 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4965462 | BOY |
| EOY | 3133224 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6051234 | BOY |
| EOY | 2656647 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 302817029 | BOY |
| EOY | 300664410 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32155025 | BOY |
| EOY | 34743747 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15333224 | BOY |
| EOY | 12495419 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60075000 | BOY |
| EOY | 35665000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20943595 | BOY |
| EOY | 65137915 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44465630 | BOY |
| EOY | 27713685 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 172972474 | BOY |
| EOY | 175755766 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 123575857 | BOY |
| EOY | 109143406 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4368147 | BOY |
| EOY | 13864687 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1900551 | BOY |
| EOY | 1900551 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 129844555 | BOY |
| EOY | 124908644 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 302817029 | BOY |
| EOY | 300664410 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -9244157 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 4308246 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $183,052 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Total Lobbying Expenditures IIB | 183052 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF OTHER LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1I: | ReturnReference |
| Explanation | THE COLLEGE HIRED LOBBYISTS TO ASSIST IN OBTAINING APPROVAL 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. | Explanation |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 466676 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14356611 | BeginningOfYearBalance |
| Contributions | 629824 | Contributions |
| Investment Earnings Or Losses | 816963 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 47377 | GrantsOrScholarships |
| Other Expenditures | 197300 | OtherExpenditures |
| Administrative Expenses | 251405 | AdministrativeExpenses |
| End Of Year Balance | 15307316 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13711522 | BeginningOfYearBalance |
| Contributions | 955801 | Contributions |
| Investment Earnings Or Losses | 268708 | InvestmentEarningsOrLosses |
| Other Expenditures | 315583 | OtherExpenditures |
| Administrative Expenses | 263837 | AdministrativeExpenses |
| End Of Year Balance | 14356611 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13581802 | BeginningOfYearBalance |
| Contributions | 704956 | Contributions |
| Investment Earnings Or Losses | -124988 | InvestmentEarningsOrLosses |
| Other Expenditures | 259044 | OtherExpenditures |
| Administrative Expenses | 191203 | AdministrativeExpenses |
| End Of Year Balance | 13711523 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.34600 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.12420 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.52980 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 40534314 | OtherCostOrOtherBasis |
| Book Value | 40534314 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 173549795 | OtherCostOrOtherBasis |
| Depreciation | 30427636 | Depreciation |
| Book Value | 143122159 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 56823804 | OtherCostOrOtherBasis |
| Depreciation | 17248616 | Depreciation |
| Book Value | 39575188 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 23572498 | OtherCostOrOtherBasis |
| Depreciation | 15882761 | Depreciation |
| Book Value | 7689737 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 23067736 | OtherCostOrOtherBasis |
| Depreciation | 9705717 | Depreciation |
| Book Value | 13362019 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 244283417 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| REFUNDABLE GOVT LOAN PROGRAM | $1,118,378 |
| OTHER LIABILITIES | $4,713,801 |
| FEDERAL STUDENT AID SETTLEMENT | $5,000,000 |
| SALES LEASEBACK | $12,869,953 |
| CONTINGENT OBLIGATIONS UNDER INTEREST RATE SWAPS | $4,011,553 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 27713685 | TotalOfAmounts |
| Total Revenue | 203239458 | TotalRevenue |
| Total Expenses | 212483615 | TotalExpenses |
| Excess Or Deficit For Year | -9244157 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 799846 | NetUnrealizedGLOnInvestments |
| Other | $3,508,400 | OtherAmount |
| Total Adjustments | 4308246 | TotalAdjustments |
| Excess Or Deficit Per FS | -4935911 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 198789500 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 799846 | NetUnrealizedGainsInvestments |
| Other Revenues | 3000 | OtherRevenues |
| Revenue Not Rptd F990 | 802846 | RevenueNotRptdF990 |
| Revenue Subtotal | 197986654 | RevenueSubtotal |
| Other Revenues Not Included | 5252804 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 5252804 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 203239458 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 207271424 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 40613 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 40613 | ExpensesNotRptdF990 |
| Expenses Subtotal | 207230811 | ExpensesSubtotal |
| Other Expenses Not Included | 5252804 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 5252804 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 212483615 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 $1,756,000 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 CONTRIBUTION ARE NOT AVAILABLE IN MANY INSTANCES, AND THE COLLEGE HAS DETERMINED THAT IT WOULD NOT BE PRACTICAL TO RETROACTIVELY CAPITALIZE ITS COLLECTION. | |
| 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. | |
| PART V, LINE 4: | TO PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS, TO ADD OR IMPROVE FACILITIES, TO FUND RESEARCH AND PROVIDE ADDITIONAL PROGRAM FUNDS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE COLLEGE BELIEVES THAT IT HAS THE APPROPRIATE SUPPORT FOR THE TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 3,508,400. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| FUNDRAISING EXPENSES 3,000. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| INSTITUTIONAL EXPENSES RECLASS 70,020. AFFILIATES OVERHEAD REIMBURSED 5,182,784. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| FUNDRAISING EXPENSES 3,000. NYMC LLC ( SEPARATE FORM 990 FILED) 28,801. EXPENSES FOR AFFILIATE 8,812. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| INSTITUTIONAL EXPENSES RECLASS 70,020. AFFILIATES OVERHEAD REIMBURSED 5,182,784. | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE 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 GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | SEE FORM 990, PART VIII, "GOVERNMENT CONTRIBUTIONS GRANTS", TOTALING $4,637,754. ALSO, STUDENTS ATTENDING THE COLLEGE MAY BE ELIGIBLE FOR FEDERAL FINANCIAL AID INCLUDING STUDENT LOANS. 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 | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (5 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EUROPE (FRANCE,GERMANY & CROATIA) | 2 | 68 | PROGRAM SERVICES. | EDUCATION. | 2880600 |
| MIDDLE EAST (ISRAEL) | 1 | 68 | PROGRAM SERVICES. | EDUCATION. | 5528523 |
| RUSSIA | 2 | 58 | PROGRAM SERVICES. | EDUCATION. | 156222 |
| EAST ASIA & THE PACIFIC (CHINA) | 0 | 0 | PROGRAM SERVICES | EDUCATION | 119244 |
| SOUTH ASIA (INDIA) | 0 | 0 | PROGRAM SERVICES | EDUCATION | 173672 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 5 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 194 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 5 | TotalNumberOfOffices |
| Total Number Of Employees | 194 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 8858261 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 8858261 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | MIDDLE EAST AND NORTH AFRICA | Region |
| Purpose Of Grant | FINANCIAL SUPPORT TO AN ISRAELI COLLEGE THAT WAS FOUNDED BY THE COLLEGE, BUT TO OPERATE AS AN INDEPENDENT ENTITY IN ISRAEL TO CARRY OUT THE COLLEGE'S MISSION FOR ISRAELI CITIZENS. | PurposeOfGrant |
| Amount Of Cash Grant | 700000 | AmountOfCashGrant |
| Manner Of Cash Disbursement | WIRE | MannerOfCashDisbursement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 1 | TotalNumberOf501c3Orgs |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: | Identifier |
| Explanation | SCHEDULE F, PART I, LINE 2: PERIODIC SITE VISITS BY COLLEGE ADMINISTRATORS AND FACULTY REVIEW LOCAL OPERATIONS. SIGNIFICANT OPERATIONS HAVE REVIEWS BY LOCAL INDEPENDENT AUDITORS. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | SUSAN KIND | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 EAST 55TH ST APT 7A | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10022 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | PROFESSIONAL FUNDRAISER | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 96509 | AmountRetainedByContractor |
| Net To Organization | 0 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 96509 | TotalRetainedByContractors |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | FUNDRAISING INCOME | NameOfEvent1 |
| Gross Receipts Event1 | 0 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 0 | CharitableContributionsEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 0 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 0 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 0 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 0 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 0 | OtherDirectExpensesEvent1 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESTCHESTER MEDICAL CENTER FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 WOODS ROAD TAYLOR PAVILION | AddressLine1 |
| Address Line2 | SUITE C3 | AddressLine2 |
| City | VALHALLA | City |
| State | NY | State |
| ZIP Code | 10595 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 134095845 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 6000 | AmountOfCashGrant |
| Purpose Of Grant | GALA PLEDGE | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| FELLOWSHIPS | 53 | 101945 |
| FACULTY RESEARCH SALARY | 33 | 338984 |
| FACULTY RESEARCH ASSISTANT SALARY | 33 | 56842 |
| STUDENT STIPENDS | 24 | 195957 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: MANAGEMNT REVIEWS REQUESTS FOR CONTRIBUTIONS. ASSESSMENT IS MADE AS TO TAX EXEMPT STATUS OF THE ORGANIZATION AND CONSISTENCY WITH THE COLLEGE'S MISSION.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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (20 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RABBI DANIEL LANDER | |||||||||||||
| 0 | 178378 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 89127 | 0 | 267505 | 0 | 0 |
| ALAN KADISH | |||||||||||||
| 496019 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 88195 | 0 | 584214 | 0 | 0 | 0 |
| ALAN CINER | |||||||||||||
| 120838 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3477 | 42000 | 124315 | 42000 | 0 | 0 |
| ANTHONY POLEMINI | |||||||||||||
| 196062 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1741 | 0 | 197803 | 0 | 0 | 0 |
| EVA SPINELLI | |||||||||||||
| 157823 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6067 | 0 | 163890 | 0 | 0 | 0 |
| JAY SEXTER | |||||||||||||
| 317967 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2173 | 0 | 320140 | 0 | 0 | 0 |
| MELVIN NESS | |||||||||||||
| 254343 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22048 | 0 | 276391 | 0 | 0 | 0 |
| MOSHE KRUPKA | |||||||||||||
| 87461 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 114281 | 0 | 201742 | 0 | 0 | 0 |
| ROBERT GOLDSCHMIDT | |||||||||||||
| 149134 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9987 | 21000 | 159121 | 21000 | 0 | 0 |
| SHALOM HIRSCHMAN | |||||||||||||
| 244207 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9211 | 0 | 253418 | 0 | 0 | 0 |
| SHELDON SIROTA | |||||||||||||
| 218800 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9078 | 0 | 227878 | 0 | 0 | 0 |
| STANLEY BOYLAN | |||||||||||||
| 123072 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1095 | 36000 | 124167 | 36000 | 0 | 0 |
| ALAN SCHOOR | |||||||||||||
| 201988 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32842 | 0 | 234830 | 0 | 0 | 0 |
| ERIC LEVINE | |||||||||||||
| 135651 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32833 | 0 | 168484 | 0 | 0 | 0 |
| PAUL WALLACH | |||||||||||||
| 238503 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42363 | 0 | 280866 | 0 | 0 | 0 |
| HAROLD ABRAMSON | |||||||||||||
| 240346 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6420 | 0 | 246766 | 0 | 0 | 0 |
| DAVID SANDOR | |||||||||||||
| 275014 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15440 | 0 | 290454 | 0 | 0 | 0 |
| RICHARD KLEIN | |||||||||||||
| 246867 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6804 | 0 | 253671 | 0 | 0 | 0 |
| ROBERT GOLDBERG | |||||||||||||
| 289057 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33100 | 0 | 322157 | 0 | 0 | 0 |
| BERNARD LANDER | |||||||||||||
| 110501 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1350 | 9375 | 111851 | 9375 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | THE PRESIDENT AND SOME OF THE OFFICERS ARE PROVIDED WITH UPGRADED TRAVEL ON CERTAIN TRIPS. THE PRESIDENT WAS PROVIDED WITH A CHAUFFEUR DRIVEN CAR. |
| PART I, LINE 1B | THE BENEFITS PROVIDED TO THE PRESIDENT ARE APPROVED BY THE BOARD AND FOR THE OFFICERS' ARE ON AN AD-HOC BASIS AND APPROVED BY THE PRESIDENT. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 132906040 | IssuerEIN |
| CUSIP Number | 649438FP8 | CUSIPNumber |
| Date Issued | 2007-11-20 | DateIssued |
| Issue Price | 41380000 | IssuePrice |
| Description Of Purpose | REFUND PRIOR BOND ISSUE (6/25/99),INTERIOR BUILD-OUT AT WEST 60TH STREET,NY | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 6650000 | AmountRetired |
| Total Proceeds | 41380000 | TotalProceeds |
| Issuance Costs From Proceeds | 827600 | IssuanceCostsFromProceeds |
| Credit Enhancement | 173690 | CreditEnhancement |
| Capital Expenditures | 8824313 | CapitalExpenditures |
| Other Spent Proceeds | 31554397 | OtherSpentProceeds |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 1 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JPMORGAN CHASE | BusinessNameLine1 |
| Business Name Line2 | BANK AND ALLIED | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 29.600000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 1 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable (3 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| SHALOM HIRSCHMAN | ||||||
| PERSONAL FINANCING | X | $165,000 | 55508 | 0 | 0 | 1 |
| DR BERNARD LANDER | ||||||
| TO PURCHASE A RESIDENCE | X | $280,000 | 230377 | 0 | 0 | 1 |
| LAWRENCE RAFUL | ||||||
| FINANCING FOR PURCHASE OF HOME | X | $200,000 | 200000 | 0 | 0 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 485885 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| FRANKLYN SNITOW | |||
| SECRETARY OF TOURO COLLEGE & PARTNER OF SNITOW KANFER HOLTZER & MILLUS LLP | 359662 | LEGAL FEES PAID TO SNITOW KANFER HOLTZER & MILLUS LLP, AN OUTSIDE GENERAL COUNSEL, WHERE FRANKLYN SNITOW IS A PARTNER | 0 |
| MARTIN OLINER ESQ | |||
| TRUSTEE OF TOURO COLLEGE & THE PRESIDENT OF 878 EDUCATION LLC | 655203 | RENT EXPENSE PAID TO 878 EDUCATION LLC, AN OUTSIDE ENTITY, WHERE MARTIN OLINER IS THE PRESIDENT. | 0 |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 135 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SELLING PRICE | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 2560 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SELLING PRICE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 5038400 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 8 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 785 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SELLING PRICE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | EVENT TICKETS | 42 | 7755 | SELLING PRICE |
| X | HOTEL- FOOD/RESTAURANTS | 45 | 10040 | SELLING PRICE |
| X | EDUCATIONAL SERVICES/MATERIAL | 25 | 7380 | SELLING PRICE |
| X | BEAUTY SUPPLIES | 9 | 580 | SELLING PRICE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | JAY SEXTER AND EVA SPINELLI - HUSBAND AND WIFE | |
| FORM 990, PART VI, SECTION B, LINE 11 | CONTROLLER, AUDITORS, OFFICERS AND THE BOARD OF THE ORGANIZATION REVIEW FORM 990. | |
| THE ANNUAL BOARD QUESTIONNAIRE, THAT REQUIRES DISCLOSURE OF CONFLICT OF INTEREST AND OTHER DETAILS, IS CIRCULATED TO ALL OF THE BOARD MEMBERS AND IS REVIEWED BY IN-HOUSE COUNSEL. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE BOARD CONSIDERS COMPENSATION TRENDS IN THE INDUSTRY, QUALIFICATION AND OTHER MERITS OF THE CANDIDATE IN DECIDING COMPENSATION AND OTHER EMPLOYEE BENEFITS. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE FORM 990 AND RELATED INFORMATION IS MADE AVAILABLE TO THE PUBLIC, HOWEVER, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE PUBLIC. | FORM 990, PART VI, SECTION C, LINE 19 | |
| HOURS FOR RELATED ORGANIZATION: | RABBI DANIEL LANDER WORKED FOR 8 HOURS AT TOURO COLLEGE AND 27 HOURS AT RELATED ENTITY (YESHIVAS OHR HACHAIM). MENACHEM GENACK WORKED 35 HOURS AT YESHIVAS OHR HACHAIM. MOST OF THE OTHER OFFICERS WORKED FOR 35 HOURS AT TOURO COLLEGE. | FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B: |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 799,846. CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 3,508,400. TOTAL TO FORM 990, PART XI, LINE 5: 4,308,246. | FORM 990, PART XI, LINE 5: |
| FINANCIAL STATEMENTS AND REPORTING: | THERE IS NO CHANGE IN OVERSIGHT PROCESS AND SELECTION PROCESS. | FORM 990, PART XII, LINE 2C |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets |
|---|---|---|---|---|---|---|---|---|
| WARWICK ACADEMIC ASSOCIATES LLC | ||||||||
| C/O TOURO COLLEGE 27 WEST 23RD STRE | NEW YORK | NY | 10010 | 204236301 | HOLDING COMPANY REAL ESTATE | NY | 0 | 0 |
| CENTER FOR HEALTH OUTCOMES RESEARCH AND EVIDENCE BASED MEDICINE LLC | ||||||||
| C/O TOURO COLLEGE 27 WEST 23RD STRE | NEW YORK | NY | 10010 | RESEARCH CENTER | DE | 1196127 | 499388 | |
Form990 Schedule R Part II Form990ScheduleRPartII (10 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Controlled OrgControlledOrg | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|---|
| TOURO UNIVERSITY- NEVADA | ||||||||||
| C/O MR MELVIN NESS 27 WEST 23RD ST | NEW YORK | NY | 10010 | 200362127 | EDUCATION | NV | 501(C)(3) | LINE 2 | 0 | |
| TOURO UNIVERSITY COLLEGE OF MEDICINEINC | ||||||||||
| C/O MR MELVIN NESS 27 WEST 23RD ST | NEW YORK | NY | 10010 | 680646771 | EDUCATION | NJ | 501(C)(3) | LINE 2 | 0 | |
| YESHIVAS OHR HACHAIM | ||||||||||
| C/O MR MELVIN NESS 27 WEST 23RD ST | NEW YORK | NY | 10010 | 112808947 | EDUCATION | NY | 501(C)(3) | LINE 2 | 0 | |
| RABBI DOV REVEL YESHIVA OF FOREST HILLS | ||||||||||
| C/O MR MELVIN NESS 27 WEST 23RD ST | NEW YORK | NY | 10010 | 111681674 | EDUCATION | NY | 501(C)(3) | LINE 2 | 0 | |
| TOURO UNIVERSITY - CALIFORNIA | ||||||||||
| C/O MR MELVIN NESS 27 WEST 23RD ST | NEW YORK | NY | 10010 | 133838740 | EDUCATION | CA | 501(C)(3) | LINE 2 | 0 | |
| TOURO COLLEGE FOUNDATION FOR JEWISH STUDIES | ||||||||||
| C/O MR MELVIN NESS 27 WEST 23RD ST | NEW YORK | NY | 10010 | 133639225 | EDUCATION | NY | 501(C)(3) | LINE 2 | 0 | |
| TOURO LAW CENTER DEVELOPMENT FOUNDATION | ||||||||||
| C/O MR MELVIN NESS 27 WEST 23RD ST | NEW YORK | NY | 10010 | 133922718 | EDUCATION | NY | 501(C)(3) | LINE 11A, I | 0 | |
| NYMC LLC | ||||||||||
| C/O MR MELVIN NESS 27 WEST 23RD ST | NEW YORK | MN | 10010 | 271481147 | TO ASSIST TOURO COLLEGE IN THE PURCHASE OF NYMC | DE | 501(C)(3) | LINE 7 | 1 | TOURO COLLEGE |
| NEW YORK MEDICAL COLLEGE | ||||||||||
| 40 SUNSHINE COTTAGE ROAD | VALHALLA | NY | 10595 | 131099420 | EDUCATION | NY | 501(C)(3) | LINE 2 | 1 | NYMC LLC |
| THE PARTNER FOR A HEALTHY POPULATION | ||||||||||
| C/O NYMC 40 SUNSHINE COTTAGE ROAD | VALHALLA | NY | 10595 | 134038993 | HEALTH RELATED STUDIES AND EDUCATION | NY | 501(C)(3) | LINE 9 | 1 | NEW YORK MEDICAL COLLEGE |
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|
| TOURO SPEECH & REHAB | |||||||||
| C/O TOURO COLLEGE 27 WEST 23RD STRE | NEW YORK | NY | 10010 | 134180235 | INACTIVE | NY | NOT APPLICABLE | C | 1.00000 |
| TOURO FOUNDATION CORPORATION | |||||||||
| C/O TOURO COLLEGE 27 WEST 23RD STRE | NEW YORK | NY | 10010 | 134014618 | INACTIVE | NY | NOT APPLICABLE | C | 1.00000 |
| TOURO UNIVERSITY FOUNDATION | |||||||||
| C/O TOURO COLLEGE 27 WEST 23RD STRE | NEW YORK | NY | 10010 | 943318585 | INACTIVE | CA | NOT APPLICABLE | C | 1.00000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (19 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| TOURO UNIVERSITY - NEVADA | ||
| D | 33878338 | PRINCIPAL REMAINING ON BONDS |
| TOURO UNIVERSITY - NEVADA | ||
| E | 35665000 | PRINCIPAL REMAINING ON BONDS |
| TOURO UNIVERSITY - CALIFORNIA | ||
| E | 35665000 | PRINCIPAL REMAINING ON BONDS |
| TOURO UNIVERSITY - CALIFORNIA | ||
| Q | 127000 | CASH TRANSFERRED |
| TOURO UNIVERSITY COLLEGE OF MEDICINE INC | ||
| E | 35665000 | PRINCIPAL REMAINING ON BONDS |
| TOURO UNIVERSITY - NEVADA | ||
| R | 3851177 | CASH TRANSFERRED |
| TOURO UNIVERSITY COLLEGE OF MEDICINE INC | ||
| R | 24256449 | CASH TRANSFERRED |
| YESHIVAS OHR HACHAIM | ||
| E | 35665000 | PRINCIPAL REMAINING ON BONDS |
| RABBI DOV REVEL YESHIVA OF FOREST HILLS | ||
| E | 35665000 | PRINCIPAL REMAINING ON BONDS |
| YESHIVAS OHR HACHAIM | ||
| R | 9770511 | CASH TRANSFERRED |
| RABBI DOV REVEL YESHIVA OF FOREST HILLS | ||
| Q | 1719411 | CASH TRANSFERRED |
| RABBI DOV REVEL YESHIVA OF FOREST HILLS | ||
| J | 225102 | CASH TRANSFERRED |
| TOURO LAW CENTER DEVELOPMENT FOUNDATION | ||
| C | 500000 | CASH TRANSFERRED |
| YESHIVAS OHR HACHAIM | ||
| B | 1000000 | CASH TRANSFERRED |
| YESHIVAS OHR HACHAIM | ||
| D | 7000000 | PRINCIPAL REMAINING ON BONDS |
| TOURO LAW CENTER DEVELOPMENT FOUNDATION | ||
| K | 352777 | CASH TRANSFERRED |
| NYMC LLC | ||
| D | 6000000 | FACE VALUE OF PROMISSORY NOTE |
| NYMC LLC | ||
| D | 54080719 | CASH TRANSFERRED |
| TOURO UNIVERSITY - CALIFORNIA | ||
| P | 5182784 | CASH TRANSFERRED |