2011-01-07T09:59:58-05:00 2010-08-31 PricewaterhouseCoopers LLP 677 BROADWAY ALBANY NY 12207 990 2009-09-01 131916574 NEW YORK CHIROPRACTIC COLLEGE NEWY 3155683000 PO BOX 800 2360 STATE ROUTE 89 SENECA FALLS NY 131480800 Sean Anglim 2011-01-07 5184622030 2009 2016-02-24 21:20:13Z Dr Frank Nicchi New York Chiropractic College Seneca Falls NY 13148 27424215 false X WWW.NYCC.EDU X 1919 NY New York Chiropractic College's mission is the committment to the achievement of academic excellence, quality patient care, and professional leadership. 20 19 614 19 53421 -94736 1214564 1118784 20008755 21527634 -1124781 433515 24713 18765 20123251 23098698 510297 683636 0 0 13522527 14423957 0 0 380692 9116996 8830041 23149820 23937634 -3026569 -838936 72325667 72079193 34504275 33349434 37821392 38729759 NEW YORK CHIROPRACTIC COLLEGE'S MISSION IS THE COMMITTMENT TO THE ACHIEVEMENT OF ACADEMIC EXCELLENCE, QUALITY PATIENT CARE, AND PROFESSIONAL LEADERSHIP. THE VISION IS TO BE RECOGNIZED AS THE LEADING INSTITUTION FOR EDUCATION AND TRAINING OF INTEGRATED AND NATURAL HEALTH CARE PROFESSIONALS AND ACADEMICIANS. DEGREE OFFERINGS INCLUDE THE DOCTOR OF CHIROPRACTIC AND MASTER OF SCIENCE DEGREES IN ACUPUNCTURE AND ORIENTAL MEDICINE, APPLIED CLINICAL NUTRITION, CLINICAL ANATOMY AND DIAGNOSTIC IMAGING. false false 18929874 669831 21527634 New York Chiropractic College (NYCC), located in Seneca Falls, NY, is a private 501(c) (3), not-for-profit educational institution established in 1919 through Absolute Charter from the New York State Board of Regents, offering multiple academic programs and highly diversified natural healthcare instruction. Coursework at NYCC emphasizes integrative, natural, and collaborative healthcare approaches offered through accredited, degree-granting programs in Chiropractic, Acupuncture & Oriental Medicine, Diagnostic Imaging, Applied Clinical Nutrition, and Clinical Anatomy. The College's mission urges the achievement of academic excellence, quality patient care and professional leadership. Integrative Experiential Education An important aspect of educational programming at NYCC includes the operation of three Community Health Centers in New York State (Seneca Falls, Depew, and Levittown) that provide conventional and complementary medicines serving as innovative models for patient centered and collaborative healthcare throughout the country. Through unique clinical partnerships, our students participate in clinical rounds and provide patient care at the National Naval Hospital in Bethesda Maryland, at five Veteran Administration Hospitals/Health Centers, and at Monroe Community Hospital. Additionally, under faculty supervision, our students provide natural healthcare services at the health centers of the New York State University System at Buffalo, Stony Brook, Farmingdale, and at St. John Fisher University. The College also operates a NYCC Campus Health Center where students serve the healthcare needs of the entire campus community as well as provide complimentary chiropractic and acupuncture care to Medicaid recipients, Family Health Plus, and Child Health Plus patients from the surrounding area. Within these facilities student interns receive guided experience to develop the skills, knowledge and attitudes necessary to become competent and confident practitioners. NYCC students undertake a full-year internship at a variety of clinics and medical settings for invaluable, integrative real-world exposure and clinical offerings that prepare students for the reality of a rapidly evolving health care marketplace. The community health centers operate on a "hub and spoke" model wherein three hub centers are located in Seneca Falls, Depew and Levittown, New York, serving as focal points for outreach facilities "spokes" within the surrounding regions. NYCC interns rotate though a variety of medical settings, from the traditional fee-for-service environment to free community clinics. As Complementary and Alternative Medicine (CAM) gains widespread acceptance in the medical community as an effective, inexpensive and noninvasive form of treatment, NYCC students can be found in Veterans Administration facilities, community hospitals and SUNY student-health clinics. List of Fiscal Year Exempt Purpose Achievements The College's mission emphasizes professional leadership. This past fiscal year saw the election of NYCC President Frank J. Nicchi as president of the Association of Chiropractic Colleges, (ACC) a consortium of some nineteen chiropractic colleges located in the United States, Canada, and New Zealand. The organization assists its member institutions by providing leadership in chiropractic education, research, and service. An NYCC exempt purpose achievement during the fiscal year included the launch of a new Academy for Professional Success program, designed to provide students and alumni with tools required for business success. Another exempt purpose achievement was NYCC's selection by G.I. Jobs magazine as a "Military Friendly School for 2010." The College was approved to participate in the Yellow Ribbon Program under the Post-9/11 GI Bill; any NYCC student eligible for Post-9/11 GI Bill education benefits will have their tuition and fees fully covered. New York Chiropractic College also earned a place on The Chronicle of Higher Education's 2009 Great Colleges to Work For "2010 Honor Roll," a program that recognizes colleges for exceptional practices and policies in such areas as tenure clarity, work/life balance, compensation and benefits. This past fiscal year NYCC hosted Special Olympics of New York Fall Games, began construction on a new outpatient health center in Henrietta, near Rochester, N.Y., that will provide chiropractic care, acupuncture and Oriental medicine and digital-radiology diagnostic imaging services, and received New York State approval for a new Master of Science in Human Anatomy and Physiology Instruction (MSHAPI) program that will be delivered primarily online. NYCC was the only educational institution, nationally, to have been selected for a Malcolm Baldrige National Quality Award site visit. The Baldrige award is regarded as the "gold standard" of quality awards and named after Malcolm Baldrige, 26th U.S. Secretary of Commerce. The awards promote excellence in organizational performance, recognize the achievements and results of U.S. organizations, and to publicize successful performance strategies. The College received approval from the New York State Education Department to offer its Master of Science in Clinical Nutrition program online. Finally, Standard & Poor's reviewed the credit rating of the College's long-term bond obligations and affirmed NYCC's investment grade, "BBB" rating and stable outlook. 18929874 true true false true false false false false true true true false true false true false false false false false false true true true true false false false false false false false false false false true false false false false false false false false true 85 0 true 614 true true true true CJ false false false false false false false false false 20 19 true false false false false false false true true false false true true true true true true true true false X SEAN ANGLIM 3155683000 2360 STATE ROUTE 89 Seneca Falls NY 13148 Dr Lewis Bazakos 1.0 X 700 0 0 Dr Robert Daley 1.0 X 0 0 0 Dr Thomas DeVita 1.0 X 0 0 0 Dr Sylvia Heyman 1.0 X 0 0 0 Mr Robert Kernan 1.0 X 0 0 0 Mr Walter McCarthy 1.0 X 0 0 0 Dr George McClelland 1.0 X 700 0 0 Dr Tyran Mincey 1.0 X 0 0 0 Dr Serge Nerli 1.0 X 1575 0 0 Ms Catherine Richardson 1.0 X 0 0 0 Dr John Rosa 1.0 X 0 0 0 Ms Elizabeth Shiah 1.0 X 0 0 0 Dr Karen Erickson 1.0 X 0 0 0 Dr Frank Lizzio 1.0 X 0 0 0 Dr Scott Surasky 1.0 X 1125 0 0 Dr Frank Nicchi 35.0 X X X 251351 0 97831 Dr G Lansing Blackshaw 1.0 X 0 0 0 Dr Alan Lander 1.0 X 0 0 0 Ms Mary Jo Maydew 1.0 X 0 0 0 Dr James Powell 1.0 X 0 0 0 Dr Yusef Barnes 1.0 X 0 0 0 Sean Anglim 35.0 X X 151645 0 17116 Dr Michael Mestan 35.0 X X 151038 0 30846 Dr Robert Ruddy 35.0 X 132758 0 19621 Diane Dixon 35.0 X 102552 0 8645 793444 0 174059 5 false true false Central New York Research Corp 800 Irving Avenue SYRACUSE NY 13210 grant administration 208534 Seneca Security Service 4922 Rt 89 ROMULUS NY 14541 Security Services 200099 Apple Roofing Corp 6720 Commerce Boulevard SYRACUSE NY 13211 Roof Installation 126787 Bond Schoeneck King Pllc One Lincoln Center SYRACUSE NY 13202 Legal Services 214181 4 697959 420825 76699 1118784 TUITION AND FEES 611600 19553762 19553762 CLINIC REVENUES 621400 951228 951228 GOLF COURSE REVENUES 713910 27461 27461 HOUSING/FOOD REVEN 721000 678577 678577 ATHLETIC CENTER 713940 222554 222554 94052 68092 25960 21527634 312194 312194 0 0 10985 10985 10985 10985 4446838 4325142 375 121696 -375 121321 121321 7780 7780 7780 0 0 0 23098698 21474213 53421 452280 13805 13805 669831 669831 0 0 706575 706575 0 11144279 9529896 1388017 226366 673288 563959 94741 14588 1063304 818086 211000 34218 836511 693503 127310 15698 0 158150 158150 76415 76415 0 0 55152 55152 87075 82325 4750 348839 339849 8793 197 831227 586445 241001 3781 137667 4063 131035 2569 0 1095400 1022655 72745 519764 300026 218349 1389 0 52208 30606 21577 25 962563 864747 97816 0 1860763 1543042 317721 354008 62641 291367 MISCELLANEOUS SERVICES 743491 728476 11880 3135 SERVICE CONTRACTS 529369 407848 121521 PRINTING 183444 75795 37577 70072 REPAIRS 158119 147804 10315 MINOR EQUIPMENT 169217 146089 23128 507170 298383 200133 8654 23937634 18929874 4627068 380692 5104389 5275467 522922 335263 1594010 1667078 379964 450048 51907835 29112688 23740559 22795147 10796372 11622385 28083578 27857162 2103873 2076643 72325667 72079193 2362313 2233145 8215471 7840342 20095697 19392982 813503 788727 3017291 3094238 34504275 33349434 X 37492601 38386586 248791 263173 80000 80000 37821392 38729759 72325667 72079193 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 6783 false false false 6783 false 38725703 810 1955318 5500 1350000 39326331 44727609 2288 -5498694 5500 500000 38725703 0.99500 0.00300 0.00200 false false 1309001 1309001 41341782 21574913 19766869 8287041 6941324 1345717 970011 596451 373560 22795147 FIXED INCOME SECURITIES 27566 F FOREIGN EQUITY SECURITIES 9355583 F HEDGE FUNDS 15165665 F REAL ESTATE INVESTMENTS 1120313 F REAL ASSETS 2188035 F 27857162 0 FEDERAL STUDENT LOAN FUNDS 1721807 ASSET RETIREMENT OBLIGATION 1372431 3094238 23098698 23937634 -838936 1711400 35903 1747303 908367 24133084 1711400 -621862 1089538 23043546 55152 55152 23098698 23212650 23212650 55152 669832 724984 23937634 Part XI Line 8: Reconciliation of Change in Net Assets Temporarily restricted gifts: $ 9,202 Investment expense adjustment $38,768 Less Assets released from restriction $(5,500) and change in value of charitable remainder trust $(6,567) Part XII Line 2d: Reconciliation of Revenue per Audited Financial Statements Internal scholarships $669,832 less temporarily restricted gifts of $9,202, less investment expense adjustment $38,768 Part XIII Line 4b: Reconciliation of Expenses per Audited Financial Statements Internal scholarships $669,832 Part V Line 4 Endowment Funds The board designated/quasi-endowment portion of the funds are used to provide a source of funding for the annual budget along with funding strategic initiatives. The income from the permanent endowment along with the term endowment is used to provide scholarships for students. Part X Line 2: Fin 48 Footnote The college is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. In accordance with the accounting standards, the College evaluates its income tax positions each fiscal year to determine whether the College's tax position is more likely than not to be sustained if examined by the applicable taxing authority. This review had no impact on the College's financial statements. true true true INCLUDED WITH ALL PUBLICITY AND ADVERTISEMENTS true true true true false false false false false false false false true false SEE FORM 990, PART VIII, LINE 1E AS WELL AS SCHEDULE B. true East Asia and the Pacific 0 0 Program Services Study Abroad Trip 11983 0 0 11983 true The Foundation for Chiropractic Progress PO Box 560 Carmichael CA 95609 202137895 501(c)(6) 12000 0 Various Scholarships to Students 307 669831 Schedule I, Part I General Information on Grants & Assistance Merit and academic scholarships are awarded to students based on previous and current academic achievement. Other internal and endowed scholarships are awarded to students based on criteria specific to the scholarship. Scholarships are monitored by the Financial Aid and the Finance Office of the College. X X true true X X X X false true false true false false false false false Dr Frank Nicchi 245533 0 0 0 5818 0 64451 0 33380 0 349182 0 0 0 Sean Anglim 147645 0 4000 0 0 0 11939 0 5177 0 168761 0 0 0 Dr Michael Mestan 147538 0 3500 0 0 0 11799 0 19047 0 181884 0 0 0 Dr Robert Ruddy 72250 0 60508 0 0 0 5780 0 13841 0 152379 0 0 0 Part 1 line 1a: Schedule J - Questions Regarding Compensation Dr. Frank Nicchi receives housing (college owned) as a condition of his employment. The lease value of the housing was $18,000. Included in his employment contract is a provision for travel for his spouse. the cost of the spousal travel $2,407 was taxed to him as a fringe benefit and included in his w-2 earnings for the 2009 calendar year. part 1 line 5a: Schedule J - Questions Regarding Compensation dr. robert ruddy received additional compensation based on a percentage of collections from patients he provided services to in the college's health center. Seneca County Industrial Development Agency 237329915 816907AP4 2007-05-31 20134306 refinancing of a commercial loan false false 20134306 1622250 17959344 342290 210422 2007 true false true true false true true false true 0.01000 0.00600 0.01600 true false false false false false false X equipment 3 50580 selling price X equipment lease 1 7248 selling price X stock 1 1161 market value X supplements 4 17710 selling price 1 false true false 990 Part VI, Line 2a Section A. Governing Body & Management A Trustee of the College and an Officer of the College both serve on the board of directors of a local bank. The college did not conduct business with this bank during the year. 990 Part VI, Line 11 Section A. Governing Body & Management The College's Management Staff submits a draft of the Form 990 to the audit committee of the College's Board of Trustees ("Committee"). The Committee then reviews the drafted Form 990 and provides any comments it has to the Management Staff. Once the review process is complete, the Form 990 is provided to each member of the full board of trustees prior to filing. 990, Part VI, Line 12c Section B. Policies The College regularly and consistently monitors and enforces compliance with its written conflict of interest policy through a required annual conflict of interest questionnaire for Trustees, Officers and/or Management staff ("Covered Persons"). Further, all covered persons are required to notify the Audit Committee of any changes to the information provided in such questionnaire during the year. The audit committee reviews all completed questionnaires (including any subsequent notification of changes) to determine whether a potential conflict exits. If the Audit Committee determines that a potential conflict exists, the Board of Trustees will review the potential conflict, and may implement protective measures, such as the reassignment of the affected Covered Person's responsibilities, if deemed appropriate. If a covered person fails to comply with the conflict of interest policy, the board may take corrective actions, as it deems appropriate, in accordance with the conflict of interest policy. 990 Part VI, Line 15a and 15b Section B. Policies In accordance with the College's Executive compensation policy for Officers, key employees and certain other covered persons (collectively, "Covered Persons"), the executive committee of the board of trustees of the college ("executive Committee") reviews each proposed compensation and benefit arrangements ("Proposed Arrangement") for each covered person to determine whether the proposed arrangement satisfies the "reasonable compensation" requirements set forth in Section 4958 of the Internal revenue code ("Code") (e.g., a review of relevant comparability data, performance reviews and/or other documentation supporting the proposed arrangement). Prior to such review and determination, the executive committee verifies that none of its members have a conflict of interest with respect to the applicable proposed arrangement. If the executive committee determines that a proposed arrangement meets the reasonable compensation requirements it then documents the review and determination process. Proposed arrangements for the College's President, VP of Finance and Administrative Services and Executive VP of Academic Affairs are reviewed annually (i.e., all three proposed arrangements for the tax year were reviewed in 2009). 990 Part VI, Line 19 Section C. Disclosure Copies of the College's governing documents, conflict of interest policy and financial statements are available to the public upon request on a case by case basis. Notwithstanding the preceding sentence, the College makes available to the public any documentation included on a form that is required to be made publicly available in accordance with the Internal Revenue Code and applicable regulations thereunder (e.g. the Form 990).