2011-05-16T08:15:14-05:00 2010-06-30 PERELSON WEINER LLP ONE DAG HAMMARSKJOLD PLAZA NEW YORK NY 100172286 990 2009-07-01 133838740 TOURO UNIVERSITY CO MR MELVIN M NESS TOUR 2124630400 27-33 WEST 23RD STREET NEW YORK NY 10010 MELVIN NESS 2124600400 2011-05-18 1 RONALD G WEINER CPA 2126053100 2009 2016-02-24 21:20:13Z melvin ness C/O TOURO COLLEGE 27-33 WEST 23RD STREET new york NY 10017 75517422 0 X WWW.TU.EDU, WWW.TOURO.EDU X 1995 CA THE UNIVERSITY'S OPERATIONS CONSIST OF TOURO UNIVERSITY CALIFORNIA (TUC), LOCATED IN VALLEJO, CA, WHICH OFFERS A DEGREE IN OSTEOPATHIC MEDICINE AND VARIOUS MASTERS DEGREES, AND TOURO COLLEGE LOS ANGELES (TCLA), WHICH OFFERS UNDERGRADUATE PROGRAMS IN BUSINESS MANAGEMENT AND ADMINISTRATION AND PSYCHOLOGY AND IS DEVELOPING A DISTANCE LEARNING UNIT UNDER THE NAME TOURO UNIVERSITY WORLDWIDE. 12 9 524 0 0 0 1343890 1606751 37011911 42354333 1591565 19139461 6190023 4769312 46137389 67869857 0 0 23912589 24617645 0 0 16022093 12904067 39934682 37521712 6202707 30348145 130612544 156115473 42862982 38547715 87749562 117567758 the university's operations consist of touro university california (tuc), LOCATED IN VALLEJO, ca, which offers a degree in osteopathic medicine and various masters degrees, and touro college los angeles (tcla), which offers undergraduate programs in business management and administration and psychology and is developing a distance learning unit under the name touro university worldwide. 0 0 34281117 42354333 The university provided education to approximately 1400 undergraduate and graduate students during the fiscal year in various fields of studies. 34281117 1 1 0 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 164 0 1 524 1 0 0 0 0 0 0 0 0 0 12 9 1 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 0 X X stuart lippman controller- touro c 2124630400 27-33 West 23rd Street NEW YORK NY 10010 ABRAHAM BIDERMAN 0.00 X 0 0 0 JACK WEINREB 0.00 X 0 0 0 LAWRENCE PLATT 0.00 X 0 0 0 MARK HASTEN 0.00 X 0 0 0 MARTIN OLINER ESQ 0.00 X 0 0 0 MENACHEM GENACK 0.00 X 0 65571 6343 SOLOMON GOLDFINGER 0.00 X 0 0 0 ZVI RYZMAN 0.00 X 0 0 0 david lichtenstein 0.00 X 0 0 0 steve rosenberg 0.00 X 0 0 0 rabbi DaNIEL LANDER 0.00 X 0 107344 81828 alan kadish 0.00 X X 0 547514 35591 BERNARD LANDER 0.00 X X 0 1232287 81480 drben chouake 0.00 X 0 0 0 MELVIN NESS 0.00 X 0 260706 24638 FRANKLYN SNITOW 0.00 X 0 0 0 alan schoor 0.00 X 0 212057 30722 Bernard Luskin 40.00 X 184979 0 31050 marilyn hopkins 40.00 X 38000 0 336 JOHN GLOVER 40.00 X 187530 0 12660 cynthia marske 40.00 X 200917 0 20940 michael clearfield 40.00 X 362509 0 12353 gregg silberg 40.00 X 200971 0 6715 katherine knapp 40.00 X 188742 0 16336 1363648 2425479 360992 45 0 1 0 ANDERSEN & BONNIFIELD 1320 WILLOW PASS ROAD SUITE 500 CONCORD CA 94520 legal 388526 arc inc 560 first street ste b-201 benicia CA 94510 architect 302388 universal protection services po box 512719 los angeles CA 90051 security guards 287995 nixon peaboy llp one embarcadero center suite 1800 san francisco CA 94111 legal 185414 robert half finance and accounting 5720 stonebridge drive suite 3 pleasanton CA 94588 recruitment agency 145371 7 1262989 343762 1606751 Student Tuition / Fees 611600 42354333 42354333 42354333 987026 987026 25800000 7647565 18152435 18152435 18152435 AMORTIZATION OF COVENA 900099 3423988 3423988 CLINIC PATIENT INCOME 621400 1101035 1101035 OTHER INCOME 900099 244289 115282 129007 4769312 67869857 43570650 0 22692456 335245 312379 22866 20643669 19235635 1408034 86645 80735 5910 2140046 1994081 145965 1412040 1315730 96310 373176 347723 25453 30039 27990 2049 318376 296661 21715 92568 86254 6314 1893103 1472204 420899 583243 543462 39781 2612174 2434007 178167 416528 388118 28410 100959 94073 6886 676017 676017 1167104 1087500 79604 78276 72937 5339 student activities 1414041 1414041 Programs 1406876 1406876 OTHER COSTS 438841 408909 29932 SECURITY SERVICES 344328 320843 23485 GRADUATION & ACCREDITAT 226488 226488 731930 714471 17459 37521712 34281117 3240595 0 3426132 3723107 2947082 3488606 1002375 1456387 32420548 10210120 20276520 22210428 11423863 5349867 13546767 16823691 77989805 103063387 130612544 156115473 6120804 7164714 12516409 8729648 20660000 20080000 1576277 1190860 1989492 1382493 42862982 38547715 X 87184538 117098005 565024 469753 87749562 117567758 130612544 156115473 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 30039 0 1 30039 0 Part II-B, Line 1i: Explanation of Other Lobbying Activities: The University hired a lobbyist to assist in obtaining grants from federal and State agencies. The grants financed the addition to and renovation of the medical school and research projects. Also, the university or its representatives may meet with legislators to discuss certain grants. X X 0 7437251 7437251 20384965 7273945 13111020 2716052 1877867 838185 1882280 1058308 823972 22210428 notes receivable 10000000 F limited partnership interest 3185113 F cash and money funds 3638578 F 16823691 Security Deposits 75855 OTHER RECEIVABLE 100711 DUE FROM AFFILIATE - NET 102886821 103063387 DEFERRED Rent & other liabilities 1382493 1382493 67869857 37521712 30348145 471485 -1001434 -529949 29818196 68341342 471485 471485 67869857 0 67869857 37521712 0 37521712 0 37521712 Part III, Line 1a: artwork is used to beautify the faclities to enhance student and faculty acceptance of their surroundings. the value of collection is $20,000. Part XI, Line 8 - Other Adjustments: change in fair value of interest rate swaps: -1001434. PART X, LINE 2- ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS. THE UNIVERSITY BELIEVES THAT IT HAS THE APPROPRIATE SUPPORT FOR TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 1 1 1 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 University's RACIALLY nondiscriminatory policy. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 UNIVERSITY REPORTED GOVERNMENT CONTRIBUTIONS (GRANTS) OF $1,262,989. ALSO, STUDENTS ATTENDING THE UNIVERSITY MAY BE ELIGIBLE FOR FEDERAL FINANCIAL AID INCLUDING STUDENT LOANS. ADDITIONALLY, THE UNIVERSITY RECEIVED GRANTS FROM THE GOVERNMENT FOR RESEARCH AND FACILITY IMPROVEMENTS. 1 X 0 1 X X X 0 0 0 0 0 0 0 0 0 rabbi DaNIEL LANDER 0 107344 0 0 0 0 0 3994 0 77834 0 189172 0 0 alan kadish 0 147514 0 400000 0 0 0 0 0 35591 0 583105 0 0 BERNARD LANDER 0 442287 0 790000 0 0 0 0 0 81480 0 1313767 0 790000 MELVIN NESS 0 260706 0 0 0 0 0 8813 0 15825 0 285344 0 0 alan schoor 0 212057 0 0 0 0 0 3141 0 27581 0 242779 0 0 Bernard Luskin 184979 0 0 0 0 0 0 0 31050 0 216029 0 0 0 JOHN GLOVER 187530 0 0 0 0 0 6432 0 6228 0 200190 0 0 0 cynthia marske 200917 0 0 0 0 0 6368 0 14572 0 221857 0 0 0 michael clearfield 362509 0 0 0 0 0 10197 0 2156 0 374862 0 0 0 gregg silberg 200971 0 0 0 0 0 0 0 6715 0 207686 0 0 0 katherine knapp 188742 0 0 0 0 0 6145 0 10191 0 205078 0 0 0 Part I, Line 1a an officer of the university is provided with upgraded travel on certain trips. Part I, Line 1b the benefits provided to the officers are on an ad-hoc basis and approved by the president. california statewide communities development authority 680164610 130795sk4 2008-04-01 21000000 to refinance its existing certificates of participation. 0 0 21297818 17185105 3638565 474074 73 0 1 0 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 1 1 jp morgan chase and allied irish 21.420000000000 0 0 0 steve rosenberg trustee of touro university and chairman and ceo of greystone capital. 959737 interest income 0 Form 990, Part VI, Section A, line 2 BERNARD LANDER AND DANIEL LANDER - FATHeR-SON Form 990, Part VI, Section B, line 11 controller, auditors, officers and the board of the organization review form 990. Form 990, Part VI, Section B, line 12c 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 15 The board AND OFFICERS consider compensation trends in the industry, qualification and other merits of the candidates in deciding compensation and other employee benefits. Form 990, Part VI, Section C, line 19 The form 990 and related information are made available to the public, however, governing documents, conflict of interest policy and financial statements are not made public. form 990, part xi, line 2c: financial statements and reporting there is no change in oversight process or selection process. Schedule K Supplental Information LOC fees = $54,074. These fees are not subject to the 2% coi limit because they are fees for a qualified guarnatee. form 990, part vi, section a, line 11: contact addresses for officers, directors etc bernard lander- deceased SCHEDULE K, part II, line 5: issuance cost from proceeds $474,074 includes line of credit fees for $54,074.47. these fees are not subject to the 2% coi limit because they are fees for a qualified gaurantee. Touro Mare Island LLC touro college 1310 Johnson Ln vallejo CA 94592 263766690 property development CA 0 0 touro college c/o mr melvin ness 27 west 23rd st new york NY 10010 132676570 education NY 501(c)(3) 170(b)(1)(a)(ii) touro university- nevada c/o mr melvin ness 27 west 23rd st new york NY 10010 200362127 education NV 501(c)(3) 170(b)(1)(a)(ii) touro university college of medicineinc c/o mr melvin ness 27 west 23rd st new york NY 10010 680646771 education NJ 501(c)(3) 170(b)(1)(a)(ii) yeshivas ohr hachaim c/o mr melvin ness 27 west 23rd st new york NY 10010 112808947 education NY 501(c)(3) 170(b)(1)(a)(ii) 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) 170(b)(1)(a)(ii) 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) 170(b)(1)(a)(ii) Touro Speech & Rehab C/o Touro College 27 west 23rd stre NEW YORK NY 10010 134180235 INACTIVE NY N/A C Touro Foundation Corporation C/o Touro College 27 west 23rd stre NEW YORK NY 10010 134014618 INACTIVE NY N/A C Touro University Foundation c/o Touro College 27 west 23rd stre NEW YORK NY 10010 943318585 INACTIVE CA Touro University California C 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 Touro College E 20080000 TOURO University Nevada D 34375947 TOURO College R 24758657 TOURO University Nevada E 20080000 Touro College D 60075000 Touro University College of medicine inc E 20080000 yeshivas ohr hachaim E 20080000 rabbi dov revel yeshiva of forest hills E 20080000