STRATEGY STUDIO / PUBLIC DATA EXPLORER

NEW YORK COLLEGE OF PODIATRIC MEDICINE: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
NEW YORK COLLEGE OF PODIATRIC MEDICINE (EIN 13-1632522)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-14
IRS object ID
202611349349309396
Schema version
2024v5.5
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)
Return2026-05-14T15:03:26-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN331374517PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 MAMARONECK AVENUE SUITE 301AddressLine1Txt
CityHARRISONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP105281633ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131632522EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NYCPM OF TOURO UNIVERSITY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNYCPBusinessNameControlTxt
Phone2124108100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line153 EAST 124TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10035ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAVI COHENPersonNm
Person TitleSR. DIRECTOR OF FINANCEPersonTitleTxt
Phone2124108100PhoneNum
Signature2026-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMELISSA MODELSONPreparerPersonNm
PTINP01603524PTIN
Phone9143818900PhoneNum
Preparation2026-05-08PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name ChangeYes (X)NameChangeInd
Principal OfficerAVI COHENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line153 EAST 124TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10035ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$21,072,663GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1911FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionNYCPM FOUNDATION OF TOURO UNIVERSITY FOUNDATION SUPPORTS ADVANCEMENT OF PODIATRIC MEDICINE EDUCATION.ActivityOrMissionDesc
Contract TerminationYes (X)ContractTerminationInd
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee162TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$341,945PYContributionsGrantsAmt
CY Contributions Grants$287,204CYContributionsGrantsAmt
PY Program Service Revenue$15,953,924PYProgramServiceRevenueAmt
CY Program Service Revenue$8,526,733CYProgramServiceRevenueAmt
PY Investment Income$1,305,219PYInvestmentIncomeAmt
CY Investment Income$678,054CYInvestmentIncomeAmt
PY Other Revenue$2,052,140PYOtherRevenueAmt
CY Other Revenue$1,004,005CYOtherRevenueAmt
PY Total Revenue$19,653,228PYTotalRevenueAmt
CY Total Revenue$10,495,996CYTotalRevenueAmt
PY Grants And Similar Paid$1,263,195PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$871,774CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$11,048,053PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,568,923CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$10,121,156PYOtherExpensesAmt
CY Other Expenses$6,479,663CYOtherExpensesAmt
PY Total Expenses$22,432,404PYTotalExpensesAmt
CY Total Expenses$12,920,360CYTotalExpensesAmt
PY Revenues Less Expenses-$2,779,176PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,424,364CYRevenuesLessExpensesAmt
Total Assets BOY$44,550,752TotalAssetsBOYAmt
Total Assets EOY$7,825,414TotalAssetsEOYAmt
Total Liabilities BOY$19,353,250TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$25,197,502NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,825,414NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionNYCPM OF TOURO UNIVERSITY FOUNDATION SUPPORTS SCHOLARSHIPS AND GRANTS THAT WILL PROVIDE SUPPLEMENTAL OR PROJECT-SPECIFIC SUPPORT FOR RESEARCH, ACADEMIC, AND EDUCATIONAL PROGRAMS, EDUCATIONAL FACILITIES, AND OTHER PROGRAMS OR PROJECTS THAT ENHANCE AND SUPPORT THE ADVANCEMENT OF PODIATRIC MEDICINE EDUCATION AT THE NEW YORK COLLEGE OF PODIATRIC MEDICINE OF TOURO UNIVERSITY. THE FOUNDATION ALSO BUILDS AND FOSTERS ONGOING RELATIONSHIPS AMONG ALUMNI AND ALUMNI ORGANIZATIONS ASSOCIATED WITH THE NEW YORK COLLEGE OF PODIATRIC MEDICINE OF TOURO UNIVERSITY, INCLUDING FOSTERING CONNECTIONS BETWEEN ITS STUDENTS, FACULTY, AND STAFF BY PROVIDING RESOURCES, PROGRAMS, NETWORKING OPPORTUNITIES, AND OTHER EVENTS AND ACTIVITIES TO ENCOURAGE SUCH RELATIONSHIPS, AND CREATING MEANINGFUL OPPORTUNITIES TO PROMOTE AND INCREASE ENGAGEMENT, ADVANCEMENT, AWARENESS, LIFELONG LEARNING AND CAREER ADVICE, PRIDE AND PHILANTHROPIC COMMITMENT.MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$9,192,681ExpenseAmt
Grant$871,774GrantAmt
Revenue$8,526,733RevenueAmt
DescNEW YORK COLLEGE OF PODATRIC MEDICINE PROVIDES TRAINING AND EDUCATION TO MEDICAL STUDENTS IN PODIATRIC MEDICINE. AS OF 12/31/2024, THE COLLEGE TRANSFERED ITS ASSETS AND OPERATIONS TO TOURO UNIVERSITY, WHILE RETAINING $7.5M OF ASSETS TO BECOME A CHARITABLE FOUNDATION SUPPORTING THE PODIATRIC SCHOOL OF TOURO UNIVERSITY.Desc
Total Program Service Expenses$9,192,681TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial LiquidationYes (1)PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document83IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee162EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryCJForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonAVI COHENPersonNm
Phone2124108100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line153 EAST 124TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10035ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
KEITH A GREATHOUSE
CHAIRMAN0.300.30Yes (X)Yes (X)$0$0$0
WILLIAM G RAISCH
SECRETARY THRU 3/250.300.00Yes (X)Yes (X)$0$0$0
JORDAN HELLER
TREASURER0.300.00Yes (X)Yes (X)$0$0$0
ANDREW A ALBERTI ESQ
BOARD MEMBER0.300.00Yes (X)$0$0$0
HOWARD BARUCH MD
BOARD MEMBER THRU 12/20240.300.00Yes (X)$0$0$0
SUSHEEL BATHLA DPM
BOARD MEMBER0.300.30Yes (X)$0$0$0
JAY BIENENFELD DPM
BOARD MEMBER0.300.30Yes (X)$0$0$0
MARC BRENNER DPM
BOARD MEMBER0.300.00Yes (X)$0$0$0
KATHLEEN REILLY FALLON DPM
BOARD MEMBER0.300.30Yes (X)$0$0$0
WILLIAM H GRAHAM
BOARD MEMBER0.300.00Yes (X)$0$0$0
NEWMAN HOFFMAN
BOARD MEMBER0.300.00Yes (X)$0$0$0
JOEL STURM CHIEF
OPERATING OFFICER THRU 12/202440.0010.00Yes (X)$250,100$0$54,788
AMAN SAFAEI CHIEF
INFORMATION OFFICER THRU 12/202440.000.00Yes (X)$224,972$0$38,255
MICHAEL TREPAL VP ACADEMIC
AFFAIRS & DEAN THRU 12/202440.000.00Yes (X)$235,011$0$55,237
AVI COHEN
SR. DIRECTOR OF FINANCE10.0010.00Yes (X)$0$0$0
ALAN KADISH MD
CHIEF TRANSITION OFFICER1.001.00Yes (X)$0$0$0
SAMUEL ADEGBOYEGA
DPM THRU 12/202440.000.00$173,183$0$52,260Yes (X)
ANTHONY JABRA
DPM THRU 12/202440.000.00$173,794$0$31,699Yes (X)
KEVIN JULES DIRECTOR OF
SURGERY DEPT. THRU 12/202440.000.00$171,874$0$45,514Yes (X)
SAMANTHA LANDAU
DPM THRU 12/202440.000.00$162,165$0$7,262Yes (X)
MATRONA GIAKOUMIS
DPM THRU 12/202440.000.00$178,282$0$15,601Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,569,381TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$300,616TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K26IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SECURITY USA INC
336 WEST 37TH STREET SUITE 450NEW YORKNY10018SECURITY SERVICES$582,665
TOURO UNIVERSITY
50 W 47TH STREET 12TH FLOORNEW YORKNY10036SERVICE AGREEMENT$563,393
PKF O'CONNOR DAVIES LLP
500 MAMARONECK AVE SUITE 300HARRISONNY10528AUDIT & TAX SERVICES$214,190
OCULUSIT LLC
422 MORRIS AVE 101SUMMITNJ07901IT SERVICES$117,700
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$96,965GovernmentGrantsAmt
All Other Contributions$190,239AllOtherContributionsAmt
Total Contributions$287,204TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STUDENT TUITION AND FEES611600$7,317,967$7,317,967
RESIDENCY LECTURE611600$592,965$592,965
CONTINUING EDUCATION611600$318,480$318,480
CLINIC SERVICE621400$297,321$297,321
FieldValueIRS element (for citing)
Total Program Service Revenue$8,526,733TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$667,088TotalRevenueColumnAmt
Exclusion$667,088ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$17,993RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$17,993RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,993TotalRevenueColumnAmt
Exclusion$17,993ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$10,587,633SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$10,576,667SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$10,966SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,966TotalRevenueColumnAmt
Exclusion$10,966ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
REIMBURSEMENTS900099$939,398$939,398
PARKING SPACE FEES900099$38,375$38,375
OTHER INCOME900099$5,541$5,541

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,698TotalRevenueColumnAmt
Exclusion$2,698ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$986,012OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,495,996TotalRevenueColumnAmt
Related Or Exempt Func Income$8,526,733RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,682,059ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$871,774TotalAmt
Program Services$871,774ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$461,621TotalAmt
Program Services$261,189ProgramServicesAmt
Management And General$200,432ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,042,992TotalAmt
Program Services$2,882,474ProgramServicesAmt
Management And General$1,160,518ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$229,126TotalAmt
Program Services$163,784ProgramServicesAmt
Management And General$65,342ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$429,350TotalAmt
Program Services$306,715ProgramServicesAmt
Management And General$122,635ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$405,834TotalAmt
Program Services$284,084ProgramServicesAmt
Management And General$121,750ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$127,000TotalAmt
Program Services$88,900ProgramServicesAmt
Management And General$38,100ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$51,592TotalAmt
Program Services$36,114ProgramServicesAmt
Management And General$15,478ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$141,350TotalAmt
Management And General$141,350ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$70,121TotalAmt
Management And General$70,121ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$624,387TotalAmt
Program Services$437,071ProgramServicesAmt
Management And General$187,316ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,951TotalAmt
Program Services$2,766ProgramServicesAmt
Management And General$1,185ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$242,702TotalAmt
Program Services$169,890ProgramServicesAmt
Management And General$72,812ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$100,987TotalAmt
Program Services$70,691ProgramServicesAmt
Management And General$30,296ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,278,087TotalAmt
Program Services$894,660ProgramServicesAmt
Management And General$383,427ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$30,846TotalAmt
Program Services$21,592ProgramServicesAmt
Management And General$9,254ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$19,016TotalAmt
Program Services$13,311ProgramServicesAmt
Management And General$5,705ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$245,231TotalAmt
Program Services$171,662ProgramServicesAmt
Management And General$73,569ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$578,646TotalAmt
Program Services$405,052ProgramServicesAmt
Management And General$173,594ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
BAD DEBT EXPENSE$2,642,318$1,849,623$792,695
REPAIRS AND MAINTENANCE$131,969$92,378$39,591
GUEST LECTURES$116,430$116,430
MISC. EXPENSES$54,647$38,253$16,394

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$20,383TotalAmt
Program Services$14,268ProgramServicesAmt
Management And General$6,115ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$12,920,360TotalAmt
Program Services$9,192,681ProgramServicesAmt
Management And General$3,727,679ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$176BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,836,155BOYAmt
EOY$9,250EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,578,124BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$5,077BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$138,382BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,824,049BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$17,159,611BOYAmt
EOY$7,816,164EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$5,417,457BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$1,591,354BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$14,000,367BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$44,550,752BOYAmt
EOY$7,825,414EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,332,381BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,454,131BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,566,738BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,353,250BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$22,076,796BOYAmt
EOY$7,825,414EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,120,706BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$25,197,502BOYAmt
EOY$7,825,414EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$44,550,752BOYAmt
EOY$7,825,414EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$2,424,364ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$499,621NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$15,447,345OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,059,978CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,446,994CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$534,573CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$341,945CurrentTaxYearMinus1YearAmt
Current Tax Year$287,204CurrentTaxYearAmt
Total$4,670,694TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,971,589CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,294,883CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,062,105CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,953,924CurrentTaxYearMinus1YearAmt
Current Tax Year$8,526,733CurrentTaxYearAmt
Total$66,809,234TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,031,567CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$16,741,877CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,596,678CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,295,869CurrentTaxYearMinus1YearAmt
Current Tax Year$8,813,937CurrentTaxYearAmt
Total$71,479,928TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$71,479,928PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,606,786CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,085,268CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$718,287CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$659,429CurrentTaxYearMinus1YearAmt
Current Tax Year$685,081CurrentTaxYearAmt
Total$4,754,851TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,606,786CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,085,268CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$718,287CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$659,429CurrentTaxYearMinus1YearAmt
Current Tax Year$685,081CurrentTaxYearAmt
Total$4,754,851TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,360,577CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,106,056CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,938,411CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,029,645CurrentTaxYearMinus1YearAmt
Current Tax Year$986,012CurrentTaxYearAmt
Total$9,420,701TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$18,998,930CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,933,201CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17,253,376CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,984,943CurrentTaxYearMinus1YearAmt
Current Tax Year$10,485,030CurrentTaxYearAmt
Total$85,655,480TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.83450PublicSupportCY509Pct
Investment Income CY0.05550InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationREIMBURSEMENTS - 2020 AMOUNT: $ 2,074,482. 2021 AMOUNT: $ 2,028,636. 2022 AMOUNT: $ 1,864,895. 2023 AMOUNT: $ 1,894,332. 2024 AMOUNT: $ 939,398. PARKING SPACE FEES - 2020 AMOUNT: $ 239,635. 2021 AMOUNT: $ 49,159. 2022 AMOUNT: $ 43,558. 2023 AMOUNT: $ 74,285. 2024 AMOUNT: $ 38,375. OTHER INCOME - 2020 AMOUNT: $ 46,460. 2021 AMOUNT: $ 28,261. 2022 AMOUNT: $ 29,958. 2023 AMOUNT: $ 61,028. 2024 AMOUNT: $ 8,239.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$552,472BeginningYearBalanceAmt
Investment Earnings Or Losses$15,795InvestmentEarningsOrLossesAmt
Administrative Expenses$568,267AdministrativeExpensesAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$520,398BeginningYearBalanceAmt
Investment Earnings Or Losses$40,073InvestmentEarningsOrLossesAmt
Other Expenditures$7,999OtherExpendituresAmt
End Year Balance$552,472EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$508,774BeginningYearBalanceAmt
Investment Earnings Or Losses$19,624InvestmentEarningsOrLossesAmt
Other Expenditures$8,000OtherExpendituresAmt
End Year Balance$520,398EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,157,005BeginningYearBalanceAmt
Investment Earnings Or Losses-$30,241InvestmentEarningsOrLossesAmt
Other Expenditures$617,990OtherExpendituresAmt
End Year Balance$508,774EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$999,369BeginningYearBalanceAmt
Contributions$25,000ContributionsAmt
Investment Earnings Or Losses$154,922InvestmentEarningsOrLossesAmt
Other Expenditures$22,286OtherExpendituresAmt
End Year Balance$1,157,005EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationTHE COLLEGE'S PERMANENTLY RESTRICTED ENDOWMENTS CONSIST OF INDIVIDUAL FUNDS ESTABLISHED FOR VARIOUS PURPOSES. AS REQUIRED BY U.S. GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. INCOME GENERATED FROM PERMANENTLY RESTRICTED ENDOWMENTS IS RECORDED WITHIN TEMPORARILY RESTRICTED INVESTMENT RETURN. THE COLLEGE DID NOT HAVE A SPENDING POLICY FOR DONOR RESTRICTED ENDOWMENTS, HOWEVER, THE COLLEGE FOLLOWED THE RESPECTIVE DONOR STIPULATIONS IN EXPENDING INCOME AND GAINS FROM ITS DONOR RESTRICTED ENDOWMENT FUNDS. AS PART OF THE APPROVED AGREEMENT, THE ENDOWMENT WAS TRANSFERED AS OF 1/1/2025 TO TOURO UNIVERSITY.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionCENTRAL AMERICA AND THE CARIBBEANRegionTxt
Type Of Activities ConductedINVESTMENTSTypeOfActivitiesConductedTxt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$0SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$0TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, LINE 3:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS REQUIRED TO FILE FORM 5471 BECAUSE IT MEETS THE APPLICABLE THRESHOLD OWNERSHIP OR OTHER FILING REQUIREMENTS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeMERIT-BASED SCHOLARSHIPSGrantTypeTxt
Recipient99RecipientCnt
Cash Grant$753,812CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE COLLEGE AWARDS GRANTS SCHOLARSHIPS TO NEW INCOMING STUDENTS TO THE COLLEGE. GUARANTEED FOR FIRST YEAR AND MUST MAINTAIN A MINIMUM 3.4 GPA EACH ACADEMIC YEAR TO RECEIVE FOR THE FOLLOWING YEARS AND GRADUATE WITHIN 4/4.5 YEARS. THE COLLEGE DOES NOT NEED TO MONITOR THE USE OF SCHOLORSHIP FUNDS AS THOSE AMOUNTS ARE DIRECTLY SPENT TO DEFRAY THE COST OF TUITION. THERE IS NO OPPORTUNITY FOR THE FUNDS TO BE DIRECTED FOR ANOTHER PURPOSE. THESE STUDENTS ARE SELECTED BY THEIR ACADEMIC PERFORMANCE, SERVICE, AND COMMITMENT TO THE PODIATRIC PROFESSION. THROUGHOUT THE YEAR, OTHER STUDENTS RECEIVE SCHOLARSHIPS AS WELL, AS DETERMINED BY THE SCHOLARSHIP COMMITTEE. THESE STUDENTS MEET CERTAIN CRITERIA SET FORTH BY DONORS IN YEARS PAST, OR BY OUTSIDE ORGANIZATIONS THAT DONATE ANNUALLY WITH SPECIFIC CRITERIA. HERE AS WELL, THE COLLEGE DOES NOT NEED TO MONITOR THE USE OF SCHOLORSHIP FUNDS AS THOSE AMOUNTS ARE DIRECTLY SPENT TO DEFRAY THE COST OF TUITION. THERE IS NO OPPORTUNITY FOR THE FUNDS TO BE DIRECTED FOR ANOTHER PURPOSE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JOEL STURM CHIEF
OPERATING OFFICER THRU 12/2024$247,027$0$0$0$3,073$0$26,173$0$28,615$0$304,888$0$0$0
MICHAEL TREPAL VP ACADEMIC
AFFAIRS & DEAN THRU 12/2024$230,399$0$0$0$4,612$0$24,603$0$30,634$0$290,248$0$0$0
AMAN SAFAEI CHIEF
INFORMATION OFFICER THRU 12/2024$221,187$0$0$0$3,785$0$6,337$0$31,918$0$263,227$0$0$0
SAMUEL ADEGBOYEGA
DPM THRU 12/2024$173,026$0$0$0$157$0$11,307$0$40,953$0$225,443$0$0$0
KEVIN JULES DIRECTOR OF
SURGERY DEPT. THRU 12/2024$169,951$0$0$0$1,923$0$18,321$0$27,193$0$217,388$0$0$0
ANTHONY JABRA
DPM THRU 12/2024$173,794$0$0$0$0$0$4,962$0$26,737$0$205,493$0$0$0
MATRONA GIAKOUMIS
DPM THRU 12/2024$178,282$0$0$0$0$0$5,496$0$10,105$0$193,883$0$0$0
SAMANTHA LANDAU
DPM THRU 12/2024$162,165$0$0$0$0$0$4,397$0$2,865$0$169,427$0$0$0

Schedule N IRS990ScheduleN

Disposition Of Assets Detail DispositionOfAssetsDetail (4 entries)

Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDescDistributionDistributionDtFair Market Value Of AssetFairMarketValueOfAssetAmtMethod Of FMV DeterminationMethodOfFMVDeterminationTxtEINEINAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdIRC SectionIRCSectionTxt
TOURO UNIVERSITY
CASH AND INVESTMENTS2025-01-01$11,645,585COST132676570202 WEST 43RD STREETNEW YORKNY10036501(C)(3)
TOURO UNIVERSITY
STUDENT, PERKINS LOANS AND OTHER RECEIVABLES2025-01-01$2,243,637COST132676570202 WEST 43RD STREETNEW YORKNY10036501(C)(3)
TOURO UNIVERSITY
LAND, BUILDINGS & EQUIPMENT2025-01-01$2,614,965COST132676570202 WEST 43RD STREETNEW YORKNY10036501(C)(3)
TOURO UNIVERSITY
OTHER ASSETS INCLUDING PREPAIDS AND RIGHT-OF-USE ASSETS2025-01-01$13,646,348COST132676570202 WEST 43RD STREETNEW YORKNY10036501(C)(3)
FieldValueIRS element (for citing)
Director Of Successor2Yes (1)DirectorOfSuccessor2Ind
Employee Of Successor2Yes (1)EmployeeOfSuccessor2Ind
Owner Of Successor20OwnerOfSuccessor2Ind
Receive Compensation20ReceiveCompensation2Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II, LINE 2E:PERSON(S) INVOLVED: AVI COHENALAN KADISH, M.D.
PART II, LINE 2E:EXPLANATION OF INVOLVEMENT: AVI COHEN AND ALAN KADISH ARE CURRENT EMPLOYEES OF TOURO UNIVERSITY. IN ADDITION, ALAN KADISH IS A CURRENT OFFICER AND TRUSTEE OF TOURO UNIVERSITY.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 2THE ORGANIZATION NOW OPERATES AS A FOUNDATION DEDICATED TO PROMOTING THE STUDY, PRACTICE, AND PUBLIC BENEFIT OF PODIATRIC MEDICINE. ITS ACTIVITIES MAY INCLUDE PROVIDING FINANCIAL SUPPORT FOR SCHOLARSHIPS, EDUCATIONAL INITIATIVES, RESEARCH, PROFESSIONAL DEVELOPMENT, COMMUNITY HEALTH PROGRAMS, AND OTHER CHARITABLE EFFORTS THAT FURTHER THE ADVANCEMENT OF PODIATRIC MEDICAL EDUCATION AND CARE.
FORM 990, PART III, LINE 3DURING THE TAX YEAR, THE ORGANIZATION CONTINUED ITS CHARITABLE MISSION IN SUPPORT OF PODIATRIC MEDICINE, FOLLOWING THE CESSATION OF ITS PRIOR OPERATIONS AS A PODIATRIC COLLEGE. WHILE THE ORGANIZATION NO LONGER CONDUCTS EDUCATIONAL PROGRAMS AS AN ACADEMIC INSTITUTION AS OF DECEMBER 31, 2024, IT REMAINS COMMITTED TO ADVANCING THE FIELD OF PODIATRIC MEDICINE THROUGH CHARITABLE, EDUCATIONAL, AND SUPPORTIVE ACTIVITIES.
FORM 990, PART VI, SECTION A, LINE 3THE COLLEGE PURCHASED MANAGEMENT SERVICES FROM AN UNRELATED THIRD PARTY, TOURO UNIVERSITY ("TOURO"). SERVICES INCLUDED DELEGATED DIRECTOR OF FINANCE RESPONSIBILITIES. MANAGEMENT FEES TOTALING $127,000 WERE PAID DURING FISCAL YEAR 2025 TO TOURO. AVI COHEN, SR. DIRECTOR OF FINANCE, WHO IS LISTED IN PART VII, WAS COMPENSATED $48,000 FOR SERVICES RENDERED TO THE COLLEGE. ALAN KADISH, M.D., PRESIDENT OF TOURO ALSO SERVED AS CHIEF TRANSITION OFFICER DURING THE FISCAL YEAR. HE WAS NOT COMPENSATED FOR HIS SERVICES RENDERED TO THE COLLEGE.
FORM 990, PART VI, SECTION A, LINE 4DURING THE YEAR, THE ORGANIZATION AMENDED ITS CHARTER TO CHANGE THE NAME OF THE ORGANIZATION AND CHANGE ITS MISSION FROM A ACADEMIC INSTITUTION TO A CHARITABLE FOUNDATION ADVANCING THE FIELD OF PODIATRIC MEDICINE.
FORM 990, PART VI, SECTION B, LINE 11BTHE NEW YORK COLLEGE OF PODIATRIC MEDICINE HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, MANAGEMENT REVIEWS THE 990 AND APPROVES IT TO BE FILED WITH THE IRS. AFTER FILING THE 990 A COPY OF THE 990 IS ELECTRONICALLY SENT TO THE BOARD FOR THEIR APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12CPER THE COLLEGE'S POLICY, CONFLICT OF INTEREST STATEMENTS ARE PROVIDED UPON MEMBERS' ELECTION AND ARE TO BE COMPLETED AND RETURNED. WHEN CONFLICT OF INTEREST POLICIES ARE UPDATED, THE POLICIES ARE DISTRIBUTED AND IF ANY MEMBER HAS A POTENTIAL CONFLICT, A NEW CONFLICT OF INTEREST STATEMENT SHOULD BE COMPLETED AND RETURNED. BASED ON DISCRETION OF MANAGEMENT, NEW CONFLICT OF INTEREST STATEMENT MAY BE REQUIRED WHEN A POTENTIAL CONFLICT MAY BE SUSPECTED. THE ORGANIZATION, ON AN ANNUAL BASIS, HAS ITS BOARD MEMBERS, OFFICERS, AND EMPLOYEES DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. ALL POSITIVE RESPONSES TO A POSSIBLE CONFLICT OF INTEREST, BE IT FROM A BOARD MEMBER OR AN EMPLOYEE, ARE BROUGHT TO THE ATTENTION OF THE COO AND THE PRESIDENT. SHOULD IT BE A BOARD MEMBER, THE ISSUE IS ALSO BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD. A REVIEW IS FIRST CONDUCTED TO ASCERTAIN WHETHER THERE IS A MATERIAL CONFLICT. SHOULD THERE BE AN ISSUE, THE INDIVIDUAL IS CALLED IN TO DISCUSS THE PARTICULARS. IF IT IS DETERMINED THAT A CONFLICT EXISTS, THE ADMINISTRATION CAN OFFER THE INDIVIDUAL THE OPPORTUNITY TO CORRECT THIS MISTAKE. SHOULD THE EMPLOYEE REFUSE TO, THE ADMINISTRATION IS WELL WITHIN ITS RIGHTS TO TERMINATE THE EMPLOYEE.
FORM 990, PART VI, SECTION B, LINE 15AOUR AFFILIATION WITH TOURO UNIVERSITY, WHICH WAS FORMALIZED THIS YEAR, HAD NOTED THAT THE POSITION OF PRESIDENT AND CEO WOULD BE ELIMINATED, AND THE INCUMBENT WOULD INHERIT THE TITLE OF PRESIDENT EMERITUS WITHOUT COMPENSATION. BOARD OF TRUSTEES, LED BY THE CHAIRMAN REVIEWED SALARIES AND MADE RECOMMENDATIONS FOR ALL EMPLOYEES OF NYCPM.
FORM 990, PART VI, SECTION C, LINE 19REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT OR BY CALLING THE ORGANIZATION DIRECTLY.
FORM 990, PART XI, LINE 9:NET ASSET TRANSFER TO TOURO UNIVERSITY -15,447,345.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1FOOT CLINICS OF NEW YORKBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line155 EAST 124TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10035ZIPCd
FieldValueIRS element (for citing)
EIN131655230EIN
Primary ActivitiesAMBULATORY PODIATRIC SERVICESPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 10PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1TOURO UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PODIA INSURANCE LIMITEDBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1109GTAddressLine1Txt
Province Or StateGRAND CAYMANProvinceOrStateNm
CountryCJCountryCd
FieldValueIRS element (for citing)
Primary ActivitiesINSURANCEPrimaryActivitiesTxt
Legal Domicile Foreign CountryCJLegalDomicileForeignCountryCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1TOURO UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd