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NEW YORK COLLEGE OF PODIATRIC MEDICINE: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
NEW YORK COLLEGE OF PODIATRIC MEDICINE (EIN 13-1632522)
Tax period
2009-07-01 to 2010-06-30
Filed
2011-05-11
IRS object ID
201101319349301715
Schema version
2009v1.7
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-05-11T12:14:53-05:00Timestamp
Tax Period End Date2010-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1RSM MCGLADREY INCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11185 AVENUE OF THE AMERICASAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100362602ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN131632522EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1NEW YORK COLLEGE OF PODIATRIC MEDICINEBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlNEWYNameControl
Phone2124108100Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line153 EAST 124TH STREETAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10035ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameGREG ONAIFOName
TitleVP OF FINANCETitle
Phone2124108100Phone
Date Signed2011-05-11DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameNathan SZERLIPName
Phone2123721000Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonLOUIS L LEVINENameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line153 EAST 124TH STREETAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10035ZIPCode
FieldValueIRS element (for citing)
Gross Receipts21810651GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteWWW.NYCPM.EDUWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1911YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionNEW YORK COLLEGE OF PODIATRIC MEDICINE PROVIDES TRAINING AND EDUCATION TO MEDICAL STUDENTS IN PODIATRIC MEDICINE.ActivityOrMissionDescription
Nbr Voting Members Governing Body11NbrVotingMembersGoverningBody
Nbr Independent Voting Members10NbrIndependentVotingMembers
Total Nbr Employees317TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year858387ContributionsGrantsPriorYear
Contributions Grants Current Year1089932ContributionsGrantsCurrentYear
Program Service Revenue Prior Year11320806ProgramServiceRevenuePriorYear
Program Service Revenue CY11318854ProgramServiceRevenueCY
Investment Income Prior Year756375InvestmentIncomePriorYear
Investment Income Current Year1066791InvestmentIncomeCurrentYear
Other Revenue Prior Year-11444OtherRevenuePriorYear
Other Revenue Current Year558068OtherRevenueCurrentYear
Total Revenue Prior Year12924124TotalRevenuePriorYear
Total Revenue Current Year14033645TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year567087GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY183001GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year7017379SalariesEtcPriorYear
Salaries Etc Current Year7479578SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year7545569OtherExpensePriorYear
Other Expenses Current Year8273520OtherExpensesCurrentYear
Total Expenses Prior Year15130035TotalExpensesPriorYear
Total Expenses Current Year15936099TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-2205911RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-1902454RevenuesLessExpensesCY
Total Assets BOY52475216TotalAssetsBOY
Total Assets EOY50622651TotalAssetsEOY
Total Liabilities BOY12695269TotalLiabilitiesBOY
Total Liabilities EOY12275531TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY39779947NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY38347120NetAssetsOrFundBalancesEOY
Mission DescriptionIT IS THE COLLEGE'S MISSION TO PROVIDE STUDENTS SEEKING CAREERS AS DOCTORS OF PODIATRIC MEDICINE, A COMPREHENSIVE MEDICAL EDUCATION PROGRAM, SPECIALIZING IN THE MEDICAL AND SURGICAL DISEASES AND THEIR LOWER EXTREMITY MANIFESTATIONS. THE COLLEGE WILL THUS PREPARE THESE STUDENTS FOR LICENSURE, ENTRY INTO GRADUATE MEDICAL EDUCATION AND ULTIMATELY PRACTICE. FURTHERMORE, IT IS THE COLLEGE'S MISSION TO PROMOTE STATE-OF-THE-ART PATIENT CARE IN AFFILIATED FACILITIES, AND TO PURSUE RESEARCH TO CONTINOUSLY ADVANCE THE ART AND SCIENCE OF PODIATRIC MEDICINE.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense10718828Expense
Grants183001Grants
Revenue11318854Revenue
DescriptionNEW YORK COLLEGE OF PODIATRIC MEDICINE PROVIDES TRAINING AND EDUCATION TO MEDICAL STUDENTS IN PODIATRIC MEDICINE. THE COLLEGE HAD 360 STUDENTS IN 2010.Description
Total Program Service Expense10718828TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Balance Sheet Amounts Reported1BalanceSheetAmountsReported
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School1School
Foreign Office0ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity1RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With1096106NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees317NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account1ForeignFinancialAccount
Name Of Foreign CountryCJNameOfForeignCountry
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Nbr Voting Governing Body Members11NbrVotingGoverningBodyMembers
Number Independent Voting Members10NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1GREG ONAIFOBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number2124108044TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line153 124th STREETAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10035ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (19 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
MAJOR GENERAL WILLIAM F WARD
VICE CHAIRMAN0.30XX000
STANLEY S MANDEL
CHAIRMAN0.30XX000
LOUIS L LEVINE
PRESIDENT AND CEO40.00XX260000026859
KEITH A GREATHOUSE
SECRETARY0.30XX000
PAUL TUCCI MD
BOARD MEMBER0.30X000
EUGENE WEBB
TREASURER0.30XX000
SUSHEEL BATHLA
BOARD MEMBER0.30X000
BOB BILLER
BOARD MEMBER0.30X000
GABRIEL P CAPRIO
BOARD MEMBER0.30X000
PETER J NORTON
BOARD MEMBER0.30X000
ROCK G POSITANO
BOARD MEMBER0.30X000
HALINA M SEMLA-PULASKI
BOARD MEMBER0.30X000
KEVIN JULES
DIR OF SURGERY DEPT40.00XX121000024820
WILLIAM S SIGLER
EXECUTIVE VICE PRESIDENT40.00X175000011468
JOSEPH R ERAZO
GENERAL COUNSEL40.00X13000003900
JOEL STURM
VP OF ADMINISTRATION40.00X122644017514
MICHAEL TREPAL
VP/DEAN/PROFESSOR40.00X150435027764
RICHARD BEECHER
VP OF FINANCE40.00X125208016476
WILLIAM GRAHAM
VP OF OPERATIONS/IT40.00X11500007759
FieldValueIRS element (for citing)
Total Reportable Comp From Org1199287TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation136560TotalOtherCompensation
Number Individuals GT100 K8NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
CARRIER CCS DIVISION
450 WEST 33RD STREET 2ND FLOORNEW YORKNY10001CONSTRUCTION2621012
APA RESTORATION CORPORATION
43 - 20 54TH ROADMASPETHNY11378CONSTRUCTION370883
US SECURITY ASSOCIATES INC
PO BOX 931703ATLANTAGA31193SECURITY348349
US PORTERS
555 PREAKNESS AVENUETOTOWANJ07502CLEANING301383
ICS BUILDERS INC
8 WEST 36TH STREET 4TH FLOORNEW YORKNY10018CONSTRUCTION123486
FieldValueIRS element (for citing)
Number Of Contractors GT100 K5NumberOfContractorsGT100K
Government Grants421556GovernmentGrants
All Other Contributions668376AllOtherContributions
Total Contributions1089932TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION AND FEES90009992394849239484
residency lectures900099940188940188
clinic service900099625854625854
RESIDENCY PROGRAM900099368302368302
CONTINUING EDUCATION900099141717141717

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

FieldValueIRS element (for citing)
Total Revenue Column3309TotalRevenueColumn
Related Or Exempt Function Income3309RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue11318854TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1030720TotalRevenueColumn
Exclusion$1,030,720ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real40059Real

Less Rental Expenses LessRentalExpenses

FieldValueIRS element (for citing)
Real40277Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real-218Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column-218TotalRevenueColumn
Exclusion-$218ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities7772800Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities7736729Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities36071Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column36071TotalRevenueColumn
Exclusion$36,071ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnExclusionExclusionAmount
PODIA900099299743$299,743
MANAGEMENT FEES FOR PE900099169216$169,216
PARKING LOT REVENUE90009959746$59,746

Miscellaneous Revenue MiscellaneousRevenue

FieldValueIRS element (for citing)
Total Revenue Column29581TotalRevenueColumn
Exclusion$29,581ExclusionAmount
FieldValueIRS element (for citing)
Total Other Revenue558286TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column14033645TotalRevenueColumn
Related Or Exempt Function Income11318854RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$1,624,859ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total183001Total
Program Services183001ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total378115Total
Program Services306273ProgramServices
Management And General71842ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total5548811Total
Program Services4494537ProgramServices
Management And General1054274ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total299791Total
Program Services242831ProgramServices
Management And General56960ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total783994Total
Program Services635035ProgramServices
Management And General148959ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total468867Total
Program Services379782ProgramServices
Management And General89085ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total30358Total
Program Services24590ProgramServices
Management And General5768ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total55612Total
Management And General55612ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total442043Total
Program Services358055ProgramServices
Management And General83988ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total31349Total
Program Services25393ProgramServices
Management And General5956ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total418885Total
Program Services338373ProgramServices
Management And General80512ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total1194038Total
Program Services967171ProgramServices
Management And General226867ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total104912Total
Program Services84979ProgramServices
Management And General19933ManagementAndGeneral

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total12451Total
Program Services10085ProgramServices
Management And General2366ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total429295Total
Program Services347729ProgramServices
Management And General81566ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total284759Total
Program Services230655ProgramServices
Management And General54104ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneralProgram ServicesProgramServices
RESERVE OF DUE FROM AFF28420072842007
STUDENT CLINICAL SERVIC456767456767
EQUIPMENT RENTAL37853171921306610
MISCELLANEOUS32875765648263109
SECURITY30766158456249205

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total956095Total
Program Services814648ProgramServices
Management And General141447ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total15936099Total
Program Services10718828ProgramServices
Management And General5217271ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY2804130BOY
EOY765969EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY31725289BOY
EOY404120EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY5351182BOY
EOY5681464EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY134843BOY
EOY503EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY18547BOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis18821641LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec11416560LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY4204876BOY
EOY7405081EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY5442499BOY
EOY33222901EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY2693540BOY
EOY2993283EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY100310BOY
EOY149330EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY52475216BOY
EOY50622651EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY2664738BOY
EOY2059357EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY2201450BOY
EOY937093EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY7829081BOY
EOY9279081EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY12695269BOY
EOY12275531EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY38102062BOY
EOY37049745EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY1488571BOY
EOY1108061EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY189314BOY
EOY189314EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY39779947BOY
EOY38347120EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY52475216BOY
EOY50622651EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required1FederalGrantAuditRequired
Federal Grant Audit Performed1FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance541826BeginningOfYearBalance
Contributions65500Contributions
Investment Earnings Or Losses31491InvestmentEarningsOrLosses
Other Expenditures74098OtherExpenditures
End Of Year Balance564719EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance572288BeginningOfYearBalance
Contributions500Contributions
Investment Earnings Or Losses-17043InvestmentEarningsOrLosses
Other Expenditures13919OtherExpenditures
End Of Year Balance541826EndOfYearBalance
FieldValueIRS element (for citing)
Permanent Endowment EOY Balance0.35000PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.65000TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis236166OtherCostOrOtherBasis
Book Value236166BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis12322484OtherCostOrOtherBasis
Depreciation5937642Depreciation
Book Value6384842BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis2281977OtherCostOrOtherBasis
Depreciation2270185Depreciation
Book Value11792BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis3981014OtherCostOrOtherBasis
Depreciation3208733Depreciation
Book Value772281BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings7405081TotalOfBookValueLandBuildings

Other Securities OtherSecurities

FieldValueIRS element (for citing)
DescriptionINVESTMENT IN PODIA (WHOLLY OWNED SUBSIDIARY)Description
Book Value2993283BookValue
Method Of ValuationFMethodOfValuation
FieldValueIRS element (for citing)
Total Of Book Value Securities2993283TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
REFUNDABLE LOAN PROGRAM$4,279,081
LINE OF CREDIT$5,000,000
FieldValueIRS element (for citing)
Total Of Amounts9279081TotalOfAmounts
Total Revenue14033645TotalRevenue
Total Expenses15936099TotalExpenses
Excess Or Deficit For Year-1902454ExcessOrDeficitForYear
Net Unrealized GL On Investments469627NetUnrealizedGLOnInvestments
Total Adjustments469627TotalAdjustments
Excess Or Deficit Per FS-1432827ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt14544944TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments469627NetUnrealizedGainsInvestments
Other Revenues41672OtherRevenues
Revenue Not Rptd F990511299RevenueNotRptdF990
Revenue Subtotal14033645RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form99014033645TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt15977771TotExpensesEtcAuditedFinclStmt
Other Expenses Included41672OtherExpensesIncluded
Expenses Not Rptd F99041672ExpensesNotRptdF990
Expenses Subtotal15936099ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form99015936099TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Part V, Line 4:Description of Intended Use of Endowment Funds:THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 21 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES.
FIN 48 FINANCIAL STATEMENT FOOTNOTE: MANAGEMENT HAS EVALUATED THE COLLEGE'S TAX POSITIONS AND CONCLUDED THAT THE COLLEGE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THESE FINANCIAL STATEMENTS. THE COLLEGE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2007, WHICH IS THE STANDARD STATUTE OF LIMITATION LOOK-BACK PERIOD.
PART XII, LINE 2D: RENTAL OF FACILITIES $40,277 REVENEUS AND ELIMINATIONS INCLUDED ON FS $1,395 PART XIII, LINE 2D: RENTAL OF FACILITIES $40,277 EXPENSES AND ELIMINATIONS INCLUDED ON COMBINED FS $1,395

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy Stmt1NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc1PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media1PolicyPublViaBroadcastMedia
Pub Via Broadcast Media ExplnIt is the college's mission to provide students seeking careers as doctors of podiatric medicine, a comprehensive medical education program specializing in the medical and surgical diseases and their lower extremity manifestations. the college will thus prepare these students for licensure, entry into graduate medical education and ultimately practice. Furthermore, it is the college's mission to promote state-of- the-art patient care in affiliated facilities, and to pursue research to continously advance the art and science of podiatric medicine. the college has approximately 310 full- time students.PubViaBroadcastMediaExpln
Maint Racial Composition Records1MaintRacialCompositionRecords
Maint Scholarships Records1MaintScholarshipsRecords
Maint Copies Of Brochures Etc1MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations1MaintCopiesOfAllSolicitations
Discriminate Race Students Rights0DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies0DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty0DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships0DiscriminateRaceScholarships
Discriminate Race Educ Policies0DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog0DiscriminateRaceAthleticProg
Discriminate Race Other Acty0DiscriminateRaceOtherActy
Government Financial Aid Received1GovernmentFinancialAidReceived
Government Financial Aid Revoked0GovernmentFinancialAidRevoked
Govt Financial Aid ExplanationHIGHER INSTITUTION APPROPRIATIONS FROM THE STATE OF NEW YORK.GovtFinancialAidExplanation
Compliance With Rev Proc75501ComplianceWithRevProc7550

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionCentral America and the CaribbeanRegion
Type Of Activities ConductedINVESTMENTSTypeOfActivitiesConducted
FieldValueIRS element (for citing)
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees0TotalNumberOfEmployees
Total Amount Spent0TotalAmountSpent

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantMERIT BASED SCHOLARSHIPSTypeOfGrant
Number Of Recipients124NumberOfRecipients
Amount Of Cash Grant183001AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierProcedure for Monitoring Grants in the U.S.:Identifier
Return ReferencePart I, Line 2:ReturnReference
ExplanationSchedule I, Part I, Line 2: THE COLLEGE AWARDS MERIT-BASED SCHOLARSHIPS TO INCOMING FRESHMEN AS WELL AS CONTINUING STUDENTS. SCHOLARSHIPS AWARDED TO FRESHMEN ARE DETERMINED BY THE ADMISSIONS COMMITTEE. ELIGIBILITY FOR THESE SCHOLARSHIPS IS DETERMINED THROUGH A COMBINATION OF UNDERGRADUATE CUMULATIVE SCIENCE GPA, RANKING OF THE COLLEGE ATTENDED AND THE SCORE ACHIEVED ON THE MCAT, A STANDARDIZED MEDICAL SCHOOL ADMISSIONS TEST. FOR CONTINUING STUDENTS, THE TOP FIVE STUDENTS WITH A CUMULATIVE GPA OF 3.7 OR HIGHER FOR EACH GRADE, 2ND, 3RD AND 4TH YEAR STUDENTS RECEIVE THESE SCHOLARSHIPS.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeXCompensationCommittee
Independent ConsultantXIndependentConsultant
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
LOUIS L LEVINE
260000000002600008590286859000
WILLIAM S SIGLER
1750000000013130101550186468000
MICHAEL TREPAL
15043500000150440127200178199000

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierExplanationExplanation
Form 990, Part VI, Section B, line 11THE 990 IS REVIEWED BY THE ASSISTANT VICE PRESIDENT OF FINANCE, VICE PRESIDENT OF FINANCE AND THE PRESIDENT & CHIEF EXECUTIVE OFFICER. THE FINAL COPY OF THE 990 IS DISTRIBUTED TO MEMBERS OF THE BOARD OF TRUSTEES BEFORE THE FILING.
Form 990, Part VI, Section B, line 12cTHE CONFLICT OF INTEREST POLICY IS SIGNED BY ALL MEMBERS OF THE BOARD, OFFICERS AND KEY EMPLOYEES. MEMBERS OF THE BOARD OF TRUSTEES SIGN AT THE BEGINNING OF THEIR TENURE, AND AT OTHER TIMES THE MANAGEMENT DEEMS NECESSARY. OFFICERS, KEY EMPLOYEES AND OTHERS SIGN THE CONFLICT OF INTEREST POLICY AT THE INITIAL HIRING PROCESS, UPON ORIENTATION. THE CONFLICT OF INTEREST FORM CONSISTS OF FOUR BASIC QUESTIONS WITH THE INSTRUCTION TO ELABORATE SHOULD ANY RESPONSE YIELD A POSITIVE ANSWER. SHOULD ANY OF THE RESPONSES POSE A POTENTIAL PROBLEM; THE MANAGER OF HUMAN RESOURCES WILL IMMEDIATELY INFORM THE VICE PRESIDENT OF ADMINISTRATION. THE VICE PRESIDENT OF ADMINISTRATION WILL TAKE ONE OF SEVERAL COURSES: 1. MAKE A DETERMINATION THAT THERE IS NO REAL PROBLEM, AND IF NOT, A NOTE WILL BE PLACED IN THE EMPLOYEE'S FILE. 2. IN CASE OF DETERMINATION OF POTENTIAL PROBLEM, THE VICE PRESIDENT OF ADMINISTRATION IMMEDIATELY BRINGS IT TO THE ATTENTION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER FOR APPROPRIATE ACTION. IF IT BECOMES KNOWN THAT AN EMPLOYEE LIED ON HIS/HER CONFLICT OF INTEREST FORM, OR ANY OTHER DOCUMENTS, HE/SHE MAY BE TERMINATED IMMEDIATELY. EMPLOYEES ARE REMINDED AT THE TIME OF ORIENTATION THAT SHOULD ANY CHANGE IN STATUS TAKE PLACE, THEY ARE TO IMMEDIATELY INFORM HUMAN RESOURCES. ON OCCASION, THE COLLEGE HAS SENT OUT REMINDERS TO ALL EMPLOYEES AND ASKED FOR UPDATED FORMS.
Form 990, Part VI, Section B, line 15THE BOARD OF TRUSTEES OF THE NEW YORK COLLEGE OF PODIATRIC MEDICINE MAINTAINS A COMPENSATION COMMITTEE, WHOSE FUNCTION IS TO DETERMINE APPROPRIATE COMPENSATION FOR THE PRESIDENT & CHIEF EXECUTIVE OFFICER. THE CHAIRMAN OF THE BOARD OF TRUSTEES, IN CONJUNCTION WITH THE COMPENSATION COMMITTEE, WITH OR WITHOUT INPUT FROM INDEPENDENT CONSULTANTS, PRESENTS TO THE BOARD THE RECOMMENDATION FOR THE PRESIDENT & CHIEF EXECUTIVE OFFICER'S COMPENSATION. THE ENTIRE BOARD THEN DELIBERATES AND VOTES ON THE RECOMMENDATION. THE BOARD'S DECISION ON THE MATTER IS FORWARDED TO THE VICE PRESIDENT OF FINANCE AND VICE PRESIDENT OF ADMINISTRATION FOR ACTION. FOR KEY OFFICERS AND OTHER PERSONNEL, THE OFFICE OF THE VICE PRESIDENT OF ADMINISTRATION WILL GATHER INFORMATION (JAFFE AND COMPANY, HIGHEREDJOBS.COM, BUREAU OF LABOR STATISTICS, AND OTHER SOURCES) AND PRESENT TO THE PRESIDENT AT SUCH TIME THAT SALARIES ARE TO BE REVIEWED. THE FINAL DECISION IS MADE BY THE PRESIDENT WITH INPUT FROM THE VICE PRESIDENT OF FINANCE FOR BUDGETARY REASONS. IN SUMMARY, THE ORGANIZATION'S PRESIDENT & CHIEF EXECUTIVE OFFICER'S AND TOP KEY OFFICERS' COMPENSATIONS ARE REVIEWED BASED ON COMPARABILITY DATA AND CAREFUL DELIBERATION BY EITHER THE CHAIRMAN OF THE BOARD AND THE COMPENSATION COMMITTEE OR THE PRESIDENT AND HIS SENIOR OFFICERS. ONLY THE PRESIDENT MAINTAINS A WRITTEN CONTRACT FROM THE BOARD OF TRUSTEES. THE EXECUTIVE VICE PRESIDENT MAINTAINS A CONTRACT AUTHORIZED BY THE PRESIDENT & CHIEF EXECUTIVE OFFICER. NO OTHER OFFICERS OR KEY EMPLOYEES MAINTAIN CONTRACTS; THEY ARE ALL AT-WILL EMPLOYEES.
Form 990, Part VI, Section C, line 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 2CTHERE HAS BEEN NO CHANGE SINCE THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

FieldValueIRS element (for citing)
Business Name Line1PODIA INSURANCE LIMITEDBusinessNameLine1

Address Foreign AddressForeign

FieldValueIRS element (for citing)
Address Line1PO BOX 1109GTAddressLine1
CityGRAND CAYMANCity
CountryCJCountry
Postal CodeB.W.IPostalCode
FieldValueIRS element (for citing)
EIN131632522EIN
Primary ActivityPROVIDES PROFESSIONAL LIABILITY INSURANCE COVERAGEPrimaryActivity
Legal Domicile Foreign CountryCJLegalDomicileForeignCountry

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NEW YORK COLLEGE OF PODIATRIC MEDICINEBusinessNameLine1
FieldValueIRS element (for citing)
Type Of EntityCTypeOfEntity
Share Of Total Income388637ShareOfTotalIncome
Share Of EOY Assets3963078ShareOfEOYAssets
Percentage Ownership1.00000PercentageOwnership
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org1ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

FieldValueIRS element (for citing)
Business Name Line1PODIA INSURANCE LIMITED - MALPRACTICE INSURANCE PREMIUM PMTBusinessNameLine1
FieldValueIRS element (for citing)
Transaction TypeOTransactionType
Amount Involved87500AmountInvolved