TOURO UNIVERSITY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: TOURO UNIVERSITY (EIN 13-2676570)
Tax period: 2024-07-01 to 2025-06-30
Filed: 2026-05-13
IRS object ID: 202621339349307947
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
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule K
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-05-13T18:09:57-05:00	ReturnTs
Tax Period End	2025-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	135565207	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	KPMG LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	TWO MANHATTAN WEST 375 9TH AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10001	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	132676570	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TOURO UNIVERSITY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	TOUR	BusinessNameControlTxt
Phone	6465656000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	202 WEST 43RD STREET	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10036	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BENJAMIN LOWENTHAL	PersonNm
Person Title	VP AND CFO	PersonTitleTxt
Phone	6465656000	PhoneNum
Signature	2026-05-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	EVAN W SEEKAMP	PreparerPersonNm
PTIN	P01907071	PTIN
Phone	2127589700	PhoneNum

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MELVIN NESS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	202 WEST 43RD STREET	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10036	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$525,949,302	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.TOURO.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1970	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE AN INDEPENDENT INSTITUTION OF HIGHER AND PROFESSIONAL EDUCATION.	ActivityOrMissionDesc
Voting Members Governing Body	26	VotingMembersGoverningBodyCnt
Voting Members Independent	17	VotingMembersIndependentCnt
Total Employee	3722	TotalEmployeeCnt
Total Volunteers	350	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$12,086,888	PYContributionsGrantsAmt
CY Contributions Grants	$16,157,053	CYContributionsGrantsAmt
PY Program Service Revenue	$342,128,387	PYProgramServiceRevenueAmt
CY Program Service Revenue	$390,265,736	CYProgramServiceRevenueAmt
PY Investment Income	$4,237,262	PYInvestmentIncomeAmt
CY Investment Income	$5,308,840	CYInvestmentIncomeAmt
PY Other Revenue	$24,204,373	PYOtherRevenueAmt
CY Other Revenue	$84,097,684	CYOtherRevenueAmt
PY Total Revenue	$382,656,910	PYTotalRevenueAmt
CY Total Revenue	$495,829,313	CYTotalRevenueAmt
PY Grants And Similar Paid	$34,855,892	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$39,487,785	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$214,664,060	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$239,370,779	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$6,823,478	CYTotalFundraisingExpenseAmt
PY Other Expenses	$144,028,570	PYOtherExpensesAmt
CY Other Expenses	$157,431,258	CYOtherExpensesAmt
PY Total Expenses	$393,548,522	PYTotalExpensesAmt
CY Total Expenses	$436,289,822	CYTotalExpensesAmt
PY Revenues Less Expenses	-$10,891,612	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$59,539,491	CYRevenuesLessExpensesAmt
Total Assets BOY	$867,124,817	TotalAssetsBOYAmt
Total Assets EOY	$966,577,261	TotalAssetsEOYAmt
Total Liabilities BOY	$595,373,127	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$624,409,840	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$271,751,690	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$342,167,421	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE UNIVERSITY'S PRIMARY PURPOSE IS TO PROVIDE AN INDEPENDENT INSTITUTION OF HIGHER AND PROFESSIONAL EDUCATION. (SEE SCHEDULE O)	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$394,991,159	ExpenseAmt
Grant	$39,487,785	GrantAmt
Revenue	$416,573,581	RevenueAmt
Desc	ACADEMIC SUPPORT: TOURO UNIVERSITY PROVIDED EDUCATION, PRIMARILY IN THE NEW YORK CITY METROPOLITAN AREA, TO APPROXIMATELY 13,000 UNDERGRADUATE, GRADUATE AND PROFESSIONAL STUDENTS DURING THE FISCAL YEAR IN VARIOUS FIELDS OF STUDY, INCLUDING LAW, MEDICINE, DENTISTRY AND OTHER HEALTHCARE FIELDS, GRANTING THE FOLLOWING ACADEMIC DEGREES: UNDERGRADUATE (1,433); GRADUATE (1,724); FIRST PROFESSIONAL (651).	Desc
Total Program Service Expenses	$394,991,159	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	Yes (1)	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (1)	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	Yes (1)	GrantToRelatedPersonInd
Business Rln With Org Mem	Yes (1)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (1)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	Yes (1)	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (1)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	819	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	3722	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	Yes (1)	ForeignFinancialAccountInd
Foreign Country	GM	ForeignCountryCd
Foreign Country	IS	ForeignCountryCd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	26	GoverningBodyVotingMembersCnt
Independent Voting Member	17	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	Yes (1)	LocalChaptersInd
Policies Reference Chapters	Yes (1)	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	STUART LIPPMAN CONTROLLER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6465656026	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	202 WEST 43RD STREET	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10036	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
ALAN KADISH
PRESIDENT, CEO AND TRUSTEE	18.80	16.20	Yes (X)	Yes (X)	$1,112,164	$0	$249,801
RABBI MENACHEM GENACK
TRUSTEE AND FACULTY	31.00	4.00	Yes (X)		$58,994	$58,994	$153
RABBI DANIEL LANDER
TRUSTEE AND CHANCELLOR	3.00	32.00	Yes (X)	Yes (X)	$136,272	$172,863	$214,156
ZVI RYZMAN
CHAIR OF THE BOARD OF TRUSTEES	2.80	2.20	Yes (X)		$0	$0	$0
ABRAHAM BIDERMAN
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
SHMUEL BRAUN
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
BEN CHOUAKE
TRUSTEE	0.20	0.80	Yes (X)		$0	$0	$0
ALLEN FAGIN
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
HOWARD FRIEDMAN
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
ZAHAVA FRIEDMAN
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
GILLES GADE
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
SOLOMON GOLDFINGER
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
DEBRA HARTMAN
TRUSTEE	0.60	0.40	Yes (X)		$0	$0	$0
ABRAHAM GUTNICKI
TRUSTEE	0.80	0.20	Yes (X)		$0	$0	$0
JUDY HASTEN KAYE
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
DAVID LICHTENSTEIN
TRUSTEE	0.60	0.40	Yes (X)		$0	$0	$0
MARTIN OLINER
TRUSTEE	0.30	0.70	Yes (X)		$0	$0	$0
LAWRENCE PLATT
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
MARGARET RETTER
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
STEPHEN ROSENBERG
TRUSTEE	0.60	0.40	Yes (X)		$0	$0	$0
ISRAEL SENDROVIC
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
GARY TORGOW
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
JACK WEINREB
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
BRIAN LEVINSON
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
RABBI SHABSAI WOLFE
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
STEVEN ZULLER
TRUSTEE	0.70	0.30	Yes (X)		$0	$0	$0
PATRICIA SALKIN
PROVOST AND SVP ACADEMIC AFFAIRS	30.50	4.50		Yes (X)	$513,934	$0	$114,985
JEFFREY ROSENGARTEN
SENIOR VP OF OPER. & ADMIN.	29.00	6.00		Yes (X)	$427,376	$0	$17,898
MICHAEL NEWMAN
SECRETARY, SR. VP AND GEN COUNSEL	18.90	11.00		Yes (X)	$381,758	$0	$41,970
MELVIN NESS
SENIOR VP, CFO	25.90	9.10		Yes (X)	$490,503	$0	$17,773
MOSHE KRUPKA
EXECUTIVE VP	18.00	17.00		Yes (X)	$376,987	$0	$143,157
SALOMON AMAR
SR VP FOR RESEARCH AFFAIRS	19.00	16.00		Yes (X)	$394,038	$212,970	$115,083
ELENA LANGAN
DEAN, LAW SCHOOL	34.50	0.50			$350,974	$0	$29,880	Yes (X)
KENNETH STEIER
EXECUTIVE DEAN, PROFESSOR	35.00	0.00			$528,065	$0	$54,700	Yes (X)
RONNIE MYERS
DEAN, DENTAL SCHOOL	35.00	0.00			$383,325	$0	$37,139	Yes (X)
HENRY COHEN
DEAN, PHARMACY	35.00	0.00			$256,484	$0	$51,129	Yes (X)
STEVEN LORENZET
DEAN, SCHOOL OF HEALTH SCIENCES	35.00	0.00			$230,409	$0	$49,514	Yes (X)
ELIZABETH A PALMAROZZI
DEAN, TOURO COL. OSTEO. MED. MONTANA	35.00	0.00			$427,026	$0	$10,591		Yes (X)
JOSEPH TOMMASINO
VP OF PA PROGRAMS	35.00	0.00			$304,798	$0	$7,059		Yes (X)
JUDAH WEINBERGER
VP OF COLLABORATIVE MEDICNE	35.00	0.00			$338,974	$0	$12,172		Yes (X)
MARIAN STOLTZ-LOIKE
VP AND DEAN LCW	35.00	0.00			$332,991	$0	$29,956		Yes (X)
MATTHEW BONILLA
VP OF STUDENT SERVICES	21.00	14.00			$333,033	$0	$47,831		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$7,378,105	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$444,827	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,244,947	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	468	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
EXCEL GUARD CORP
505 8TH AVENUE 17 FLOOR	NEW YORK	NY	10018	SECURITY SERVICES	$4,758,713
GOOGLE INC
DEPT 33654	SAN FRANCISCO	CA	94139	ADVERTISING	$1,844,418
KPMG LLP
PO BOX 120511	DALLAS	TX	753120511	CONSULTANT PROFESSIONAL SERVICES	$1,469,554
DAA CONSTRUCTION
30 GARTH ROAD	SCARSDALE	NY	10583	GENERAL CONSTRUCTION	$1,330,858
OUTFRONT MEDIA INC
PO BOX 33074	NEWARK	NJ	071880074	ADVERTISING	$1,299,516

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	57	CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIII	Yes (X)	InfoInScheduleOPartVIIIInd
Fundraising	$1,064,004	FundraisingAmt
Government Grants	$6,381,694	GovernmentGrantsAmt
All Other Contributions	$8,711,355	AllOtherContributionsAmt
Total Contributions	$16,157,053	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STUDENT TUITION/FEES	611600	$378,238,343	$378,238,343
FACULTY PRACTICE	611600	$7,702,183	$7,702,183
DORM FEES	611600	$3,929,255	$3,929,255
CAFETERIA INCOME	611600	$395,955	$395,955

Field	Value	IRS element (for citing)
Total Program Service Revenue	$390,265,736	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,832,999	TotalRevenueColumnAmt
Exclusion	$4,832,999	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$30,265,840	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$29,789,999	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$475,841	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$475,841	TotalRevenueColumnAmt
Exclusion	$475,841	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$326,829	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$1,064,004	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$329,990	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$3,161	TotalRevenueColumnAmt
Exclusion	-$3,161	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INHERENT CONTRIBUTIONS	900099	$57,793,000	$57,793,000
ACADEMIC SUPPORT	900099	$23,386,989		$23,386,989
SPECIAL COURSE INCOME	900099	$483,083		$483,083

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,437,773	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,437,773	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$84,100,845	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$495,829,313	TotalRevenueColumnAmt
Related Or Exempt Func Income	$416,573,581	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$63,098,679	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$5,550,000	TotalAmt
Program Services	$5,550,000	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$31,205,505	TotalAmt
Program Services	$31,205,505	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$2,732,280	TotalAmt
Program Services	$2,732,280	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$5,638,063	TotalAmt
Program Services	$1,911,515	ProgramServicesAmt
Management And General	$3,090,780	ManagementAndGeneralAmt
Fundraising	$635,768	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$716,869	TotalAmt
Program Services	$639,249	ProgramServicesAmt
Management And General	$64,354	ManagementAndGeneralAmt
Fundraising	$13,266	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$183,717,690	TotalAmt
Program Services	$166,678,896	ProgramServicesAmt
Management And General	$14,131,075	ManagementAndGeneralAmt
Fundraising	$2,907,719	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$5,537,655	TotalAmt
Program Services	$4,930,407	ProgramServicesAmt
Management And General	$503,624	ManagementAndGeneralAmt
Fundraising	$103,624	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$31,023,143	TotalAmt
Program Services	$27,621,210	ProgramServicesAmt
Management And General	$2,821,409	ManagementAndGeneralAmt
Fundraising	$580,524	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$12,737,359	TotalAmt
Program Services	$11,340,607	ProgramServicesAmt
Management And General	$1,158,403	ManagementAndGeneralAmt
Fundraising	$238,349	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$3,033,111	TotalAmt
Program Services	$2,700,507	ProgramServicesAmt
Management And General	$275,847	ManagementAndGeneralAmt
Fundraising	$56,757	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$1,046,766	TotalAmt
Management And General	$1,046,766	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$179,500	TotalAmt
Program Services	$159,816	ProgramServicesAmt
Management And General	$16,325	ManagementAndGeneralAmt
Fundraising	$3,359	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$304,274	TotalAmt
Program Services	$270,908	ProgramServicesAmt
Management And General	$27,672	ManagementAndGeneralAmt
Fundraising	$5,694	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$5,530,381	TotalAmt
Program Services	$4,923,931	ProgramServicesAmt
Management And General	$502,962	ManagementAndGeneralAmt
Fundraising	$103,488	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$7,679,726	TotalAmt
Program Services	$6,837,584	ProgramServicesAmt
Management And General	$698,435	ManagementAndGeneralAmt
Fundraising	$143,707	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,215,258	TotalAmt
Program Services	$2,597,121	ProgramServicesAmt
Management And General	$557,971	ManagementAndGeneralAmt
Fundraising	$60,166	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$13,575,866	TotalAmt
Program Services	$12,087,165	ProgramServicesAmt
Management And General	$1,234,661	ManagementAndGeneralAmt
Fundraising	$254,040	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$57,898,775	TotalAmt
Program Services	$51,549,718	ProgramServicesAmt
Management And General	$5,265,621	ManagementAndGeneralAmt
Fundraising	$1,083,436	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$2,779,074	TotalAmt
Program Services	$2,474,326	ProgramServicesAmt
Management And General	$252,744	ManagementAndGeneralAmt
Fundraising	$52,004	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$294,692	TotalAmt
Program Services	$262,377	ProgramServicesAmt
Management And General	$26,801	ManagementAndGeneralAmt
Fundraising	$5,514	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$18,130,150	TotalAmt
Program Services	$16,142,036	ProgramServicesAmt
Management And General	$1,648,852	ManagementAndGeneralAmt
Fundraising	$339,262	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,534,089	TotalAmt
Program Services	$2,256,207	ProgramServicesAmt
Management And General	$230,463	ManagementAndGeneralAmt
Fundraising	$47,419	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
EDUCATIONAL PROGRAMS	$23,315,054	$23,315,054
STUDENT ACTIVITIES	$6,151,757	$6,151,757
DUES, SUBSCRIPT. & MEMB	$1,287,753	$1,146,541	$117,115	$24,097
BAD DEBT EXPENSE	$1,241,445	$1,241,445

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,233,587	TotalAmt
Program Services	$8,264,997	ProgramServicesAmt
Management And General	$803,305	ManagementAndGeneralAmt
Fundraising	$165,285	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$436,289,822	TotalAmt
Program Services	$394,991,159	ProgramServicesAmt
Management And General	$34,475,185	ManagementAndGeneralAmt
Fundraising	$6,823,478	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$22,586,780	BOYAmt
EOY	$50,084,958	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$11,208,339	BOYAmt
EOY	$10,970,867	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$13,399,997	BOYAmt
EOY	$16,521,246	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$58,427	BOYAmt
EOY	$58,427	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$22,696,218	BOYAmt
EOY	$5,775,136	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$7,533,850	BOYAmt
EOY	$7,475,370	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$573,474,173	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$218,478,417	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$316,746,815	BOYAmt
EOY	$354,995,756	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$147,545,434	BOYAmt
EOY	$170,872,591	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$838,000	BOYAmt
EOY	$838,000	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,200,000	BOYAmt
EOY	$3,835,833	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$321,310,957	BOYAmt
EOY	$345,149,077	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$867,124,817	BOYAmt
EOY	$966,577,261	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$48,830,784	BOYAmt
EOY	$45,976,104	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$44,436,528	BOYAmt
EOY	$47,831,797	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$200,202,825	BOYAmt
EOY	$197,603,111	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$19,541,033	BOYAmt
EOY	$23,232,602	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$282,361,957	BOYAmt
EOY	$309,766,226	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$595,373,127	BOYAmt
EOY	$624,409,840	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$246,111,388	BOYAmt
EOY	$300,610,298	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$25,640,302	BOYAmt
EOY	$41,557,123	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$271,751,690	BOYAmt
EOY	$342,167,421	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$867,124,817	BOYAmt
EOY	$966,577,261	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$59,539,491	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$11,010,808	NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments	-$134,568	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$50,314,934	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$26,128,655	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$28,949,819	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$12,086,888	CurrentTaxYearMinus1YearAmt
Current Tax Year	$16,157,052	CurrentTaxYearAmt
Total	$133,637,348	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$50,314,934	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$26,128,655	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$28,949,819	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$12,086,888	CurrentTaxYearMinus1YearAmt
Current Tax Year	$16,157,052	CurrentTaxYearAmt
Total	$133,637,348	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,996,739	SubstantialContributorsTotAmt
Public Support Total170	$131,640,609	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,078,338	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,014,161	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,702,032	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,898,182	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,832,999	CurrentTaxYearAmt
Total	$16,525,712	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$150,163,060	TotalSupportAmt
Gross Receipts Rltd Activities	$1,757,799,495	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.87670	PublicSupportCY170Pct
Public Support PY170	0.88340	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	0	VolunteersInd
Paid Staff Or Management	0	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (1)	DirectContactLegislatorsInd
Direct Contact Legislators	$179,500	DirectContactLegislatorsAmt
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	0	OtherActivitiesInd
Total Lobbying Expenditures	$179,500	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B, LINE 1, LOBBYING ACTIVITIES:	FormAndLineReferenceDesc
Explanation	OTHER ACTIVITIES THE UNIVERSITY HIRED LOBBYISTS TO ASSIST IN OBTAINING APPROVAL FROM FEDERAL, STATE AND CITY AGENCIES TO ENHANCE THE FACILITIES AND PROGRAMS OF THE UNIVERSITY. THE UNIVERSITY OR ITS REPRESENTATIVES MAY MEET WITH LEGISLATORS TO DISCUSS CERTAIN GRANTS.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$45,120,674	BeginningYearBalanceAmt
Contributions	$4,175,889	ContributionsAmt
Investment Earnings Or Losses	$4,348,353	InvestmentEarningsOrLossesAmt
Other Expenditures	$1,034,986	OtherExpendituresAmt
End Year Balance	$52,609,930	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$41,659,889	BeginningYearBalanceAmt
Contributions	-$4,997	ContributionsAmt
Investment Earnings Or Losses	$4,233,896	InvestmentEarningsOrLossesAmt
Other Expenditures	$768,114	OtherExpendituresAmt
End Year Balance	$45,120,674	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$36,998,666	BeginningYearBalanceAmt
Contributions	$2,113,128	ContributionsAmt
Investment Earnings Or Losses	$2,914,863	InvestmentEarningsOrLossesAmt
Other Expenditures	$366,768	OtherExpendituresAmt
End Year Balance	$41,659,889	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$43,308,379	BeginningYearBalanceAmt
Contributions	$24,169	ContributionsAmt
Investment Earnings Or Losses	-$4,749,210	InvestmentEarningsOrLossesAmt
Other Expenditures	$1,584,672	OtherExpendituresAmt
End Year Balance	$36,998,666	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$38,618,085	BeginningYearBalanceAmt
Contributions	$31,647	ContributionsAmt
Investment Earnings Or Losses	$6,255,979	InvestmentEarningsOrLossesAmt
Other Expenditures	$1,597,332	OtherExpendituresAmt
End Year Balance	$43,308,379	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.81890	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.15350	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.02760	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$16,701,425	OtherCostOrOtherBasisAmt
Book Value	$16,701,425	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$368,885,693	OtherCostOrOtherBasisAmt
Depreciation	$95,691,242	DepreciationAmt
Book Value	$273,194,451	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$61,003,766	OtherCostOrOtherBasisAmt
Depreciation	$37,788,883	DepreciationAmt
Book Value	$23,214,883	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$69,069,054	OtherCostOrOtherBasisAmt
Depreciation	$45,584,033	DepreciationAmt
Book Value	$23,485,021	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$57,814,235	OtherCostOrOtherBasisAmt
Depreciation	$39,414,259	DepreciationAmt
Book Value	$18,399,976	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$354,995,756	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDesc	Book ValueBookValueAmt
RIGHT OF USE ASSETS	$268,423,836
DUE FROM/TO AFFILIATES, NET	$70,770,916
DEPOSITS WITH BOND TRUSTEE	$1,316,382
OTHER ASSETS	$4,160,348
ARTWORK INVENTORY	$477,595

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$345,149,077	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
OPERATING LEASE LIABILITIES	$304,559,241
TUITION ESCROW	$4,860,312
STUDENT DEPOSITS	$1,575,787
OTHER LIABILITIES	$336,476
ADJUSTMENT FOR GGBMH	-$1,565,590

Field	Value	IRS element (for citing)
Total Liability	$309,766,226	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 1A:	COLLECTION OF ART AND RELIGIOUS OBJECTS A COLLECTION OF ART AND RELIGIOUS OBJECTS ACQUIRED SINCE INCEPTION THROUGH PURCHASES, CONTRIBUTIONS AND LONG TERM LOANS ARE INSURED FOR APPROXIMATELY $2,749,697 INCLUDING APPROXIMATELY $741,000 RELATED TO RELIGIOUS OBJECTS ON LOAN. RECORDS OF THE COST OF PURCHASED ITEMS OR OF THE FAIR VALUE AS OF THE DATE OF CONTRIBUTIONS ARE NOT AVAILABLE IN MANY INSTANCES, AND THE UNIVERSITY HAS DETERMINED THAT IT WOULD NOT BE PRACTICAL TO RETROACTIVELY CAPITALIZE ITS COLLECTION.
PART III, LINE 4:	RELIGIOUS ARTWORK TOURO MAINTAINS ARTWORK AT VARIOUS LOCATIONS. A PORTION OF THE ARTWORK REPRESENTS RELIGIOUS ARTIFACTS USED IN WEEKLY RELIGIOUS SERVICES. OTHER ARTWORK IS USED TO BEAUTIFY THE FACILITIES TO ENHANCE STUDENT AND FACULTY ACCEPTANCE OF THEIR SURROUNDINGS.
PART V, LINE 4:	ENDOWMENT FUNDS TO PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS, TO ADD OR IMPROVE FACILITIES, TO FUND RESEARCH AND PROVIDE ADDITIONAL PROGRAM FUNDS.
PART X, LINE 2:	ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES THE UNIVERSITY SUBSCRIBES TO A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AS OF JUNE 30, 2025 AND 2024, THE UNIVERSITY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ANY SIGNIFICANT UNRELATED BUSINESS INCOME TAX LIABILITY, WHICH WOULD HAVE A MATERIAL IMPACT UPON ITS FINANCIAL STATEMENTS.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	BROCHURES AND CATALOGS DISTRIBUTED TO STUDENTS AND RECRUITMENT ADVERTISEMENTS IN JOURNALS AND NEWSPAPERS, AS WELL AS ON OWN WEBSITE, TV, INTERNET AND THE RADIO, CONTAIN STATEMENTS WITH RESPECT TO TOURO UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY.
LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID:	FEDERAL AND STATE GRANTS,STUDENTS ATTENDING THE UNIVERSITY MAY ALSO BE ELIGIBLE FOR FEDERAL FINANCIAL AID INCLUDING STUDENT LOANS. ADDITIONALLY, THE UNIVERSITY RECEIVED GRANTS FROM THE GOVERNMENT FOR RESEARCH AND FACILITY IMPROVEMENTS.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
EUROPE	1	18	PROGRAM SERVICES	EDUCATION	$2,805,730
MIDDLE EAST AND NORTH AFRICA	1	34	PROGRAM SERVICES	EDUCATION	$8,743,477
RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS,	2	0	PROGRAM SERVICES	EDUCATION	$300,587
MIDDLE EAST AND NORTH AFRICA	0	0	GRANTMAKING	EDUCATION	$1,951,288
EUROPE	0	0	GRANTMAKING	EDUCATION	$780,992

Field	Value	IRS element (for citing)
Subtotal Offices	4	SubtotalOfficesCnt
Subtotal Employees	52	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	4	TotalOfficeCnt
Total Employee	52	TotalEmployeeCnt
Subtotal Spent	$14,582,074	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$14,582,074	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

Field	Value	IRS element (for citing)
Region	EUROPE	RegionTxt
Purpose Of Grant	EDUCATION	PurposeOfGrantTxt
Cash Grant	$2,680,992	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

Field	Value	IRS element (for citing)
Type Of Assistance	SCHOLARSHIPS	TypeOfAssistanceTxt
Region	MIDDLE EAST/NORTH AFRICA	RegionTxt
Recipient	72	RecipientCnt
Cash Grant	$51,288	CashGrantAmt

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	0	ForeignPartnershipInd
Boycott Countries	Yes (1)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	OPERATIONS REVIEW PERIODIC SITE VISITS BY UNIVERSITY ADMINISTRATORS AND FACULTY REVIEW LOCAL OPERATIONS. SIGNIFICANT OPERATIONS HAVE REVIEWS BY LOCAL INDEPENDENT AUDITORS. STUDENTS ARE AWARDED TUITION DISCOUNTS BASED ON VARIOUS CRITERIA. THE DISCOUNTS ARE CREDITED TO THE STUDENT'S ACCOUNTS.	ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	DENTAL DINNER	Event1Nm
Gross Receipts Event1	$1,057,423	GrossReceiptsEvent1Amt
Charitable Contri Event1	$893,475	CharitableContriEvent1Amt
Gross Revenue Event1	$163,948	GrossRevenueEvent1Amt
Rent Facility Costs Event1	$48,244	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$55,000	FoodAndBeverageEvent1Amt
Entertainment Event1	$19,595	EntertainmentEvent1Amt
Other Direct Expenses Event1	$37,500	OtherDirectExpensesEvent1Amt
Event2	LAW SCHOOL DINNER	Event2Nm
Gross Receipts Event2	$148,129	GrossReceiptsEvent2Amt
Charitable Contri Event2	$105,529	CharitableContriEvent2Amt
Gross Revenue Event2	$42,600	GrossRevenueEvent2Amt
Rent Facility Costs Event2	$49,281	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$11,940	FoodAndBeverageEvent2Amt
Other Direct Expenses Event2	$10,180	OtherDirectExpensesEvent2Amt
Other Events Total	1	OtherEventsTotalCnt
Gross Receipts Other Events	$185,281	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$65,000	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$120,281	GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events	$20,000	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$35,000	FoodAndBeverageOtherEventsAmt
Entertainment Other Events	$4,875	EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events	$38,375	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$1,390,833	GrossReceiptsTotalAmt
Charitable Contributions Tot	$1,064,004	CharitableContributionsTotAmt
Gross Revenue Total Events	$326,829	GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events	$117,525	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$101,940	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$24,470	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$86,055	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$329,990	DirectExpenseSummaryEventsAmt
Net Income Summary	-$3,161	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HEBREW THEOLOGICAL COLLEGE (HTC)	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7135 NORTH CARPENTER ROAD	AddressLine1Txt
City	SKOKIE	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60077	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	362167095	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$5,500,000	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Purpose Of Grant	EDUCATION	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS	GrantTypeTxt
Recipient	5890	RecipientCnt
Cash Grant	$31,205,505	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	MONITORING GRANTS SINCE ITS INCEPTION, MANAGEMENT REVIEWS REQUESTS FOR GRANTS. THE UNIVERSITY MONITORS ALL REQUESTS FOR USE OF GRANT FUNDS AGAINST THE SUBMITTED BUDGETS FOR THE RESPECTIVE GRANTS. PRIOR TO SUBMISSION OF REQUESTS FOR REIMBURSEMENT, ADDITIONAL REVIEW OF EXPENDED FUNDS IS PERFORMED TO ENSURE COMPLIANCE WITH GRANT AND UNIVERSITY GUIDELINES. STUDENTS ARE AWARDED TUITION DISCOUNTS BASED ON VARIOUS CRITERIA. THE DISCOUNTS ARE CREDITED TO THE STUDENTS' ACCOUNTS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Travel For Companions	Yes (X)	TravelForCompanionsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	0	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ALAN KADISH
PRESIDENT, CEO AND TRUSTEE	$1,066,084	$0	$0	$0	$46,080	$0	$72,085	$0	$177,716	$0	$1,361,965	$0	$0	$0
SALOMON AMAR
SR VP FOR RESEARCH AFFAIRS	$392,752	$189,970	$0	$0	$1,286	$23,000	$10,950	$9,001	$95,132	$0	$500,120	$221,971	$0	$0
PATRICIA SALKIN
PROVOST AND SVP ACADEMIC AFFAIRS	$511,954	$0	$0	$0	$1,980	$0	$17,250	$0	$97,735	$0	$628,919	$0	$0	$0
KENNETH STEIER
EXECUTIVE DEAN, PROFESSOR	$523,937	$0	$0	$0	$4,128	$0	$17,250	$0	$37,450	$0	$582,765	$0	$0	$0
RABBI DANIEL LANDER
TRUSTEE AND CHANCELLOR	$120,030	$172,863	$0	$0	$16,242	$0	$56,713	$0	$157,443	$0	$350,428	$172,863	$0	$0
MOSHE KRUPKA
EXECUTIVE VP	$368,599	$0	$0	$0	$8,388	$0	$17,250	$0	$125,907	$0	$520,144	$0	$0	$0
MELVIN NESS
SENIOR VP, CFO	$481,113	$0	$0	$0	$9,390	$0	$17,250	$0	$523	$0	$508,276	$0	$0	$0
JEFFREY ROSENGARTEN
SENIOR VP OF OPER. & ADMIN.	$415,685	$0	$0	$0	$11,691	$0	$17,250	$0	$648	$0	$445,274	$0	$0	$0
ELIZABETH A PALMAROZZI
DEAN, TOURO COL. OSTEO. MED. MONTANA	$423,216	$0	$0	$0	$3,810	$0	$0	$0	$10,591	$0	$437,617	$0	$0	$0
MICHAEL NEWMAN
SECRETARY, SR. VP AND GEN COUNSEL	$380,468	$0	$0	$0	$1,290	$0	$17,250	$0	$24,720	$0	$423,728	$0	$0	$0
RONNIE MYERS
DEAN, DENTAL SCHOOL	$379,123	$0	$0	$0	$4,202	$0	$17,250	$0	$19,889	$0	$420,464	$0	$0	$0
MATTHEW BONILLA
VP OF STUDENT SERVICES	$332,583	$0	$0	$0	$450	$0	$17,250	$0	$30,581	$0	$380,864	$0	$0	$0
ELENA LANGAN
DEAN, LAW SCHOOL	$347,164	$0	$0	$0	$3,810	$0	$17,250	$0	$12,630	$0	$380,854	$0	$0	$0
MARIAN STOLTZ-LOIKE
VP AND DEAN LCW	$329,283	$0	$0	$0	$3,708	$0	$16,732	$0	$13,224	$0	$362,947	$0	$0	$0
JUDAH WEINBERGER
VP OF COLLABORATIVE MEDICNE	$336,388	$0	$0	$0	$2,586	$0	$11,572	$0	$600	$0	$351,146	$0	$0	$0
JOSEPH TOMMASINO
VP OF PA PROGRAMS	$300,998	$0	$0	$0	$3,800	$0	$6,319	$0	$740	$0	$311,857	$0	$0	$0
HENRY COHEN
DEAN, PHARMACY	$255,194	$0	$0	$0	$1,290	$0	$13,684	$0	$37,445	$0	$307,613	$0	$0	$0
STEVEN LORENZET
DEAN, SCHOOL OF HEALTH SCIENCES	$229,785	$0	$0	$0	$624	$0	$12,117	$0	$37,397	$0	$279,923	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	TRAVEL THE PRESIDENT AND SOME OF THE OFFICERS ARE PROVIDED WITH NONTAXABLE UPGRADED TRAVEL AND SPOUSAL TRAVEL ON CERTAIN TRIPS. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT AND PROVOST/SVP ACADEMIC AFFAIRS ARE PROVIDED A CORPORATE APARTMENT AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE UNIVERSITY. THE VALUE OF THE HOUSING BENEFIT FOR THE PRESIDENT AND PROVOST/SVP ACADEMIC AFFAIRS ARE INCLUDED AS A NONTAXABLE BENEFIT IN SCHEDULE J, PART II, COLUMN D. PERSONAL SERVICES THE PRESIDENT WAS PROVIDED WITH A CAR AND DRIVER FOR BUSINESS PURPOSES. THE VALUE OF THIS SERVICE IS INCLUDED AS A NONTAXABLE BENEFIT IN SCHEDULE J, PART II, COLUMN D.
PART I, LINE 1B	BOARD APPROVAL THE BENEFITS PROVIDED TO THE PRESIDENT ARE APPROVED BY THE BOARD. BENEFITS PROVIDED TO THE OFFICERS ARE APPROVED BY THE PRESIDENT.
PART I, LINE 4B	NONQUALIFIED DEFERRED COMPENSATION PLAN TOURO UNIVERSITY'S PRESIDENT PARTICIPATES IN A 457(F) DEFERRED COMPENSATION PLAN; AMOUNTS IN COLUMN (C) INCLUDE A DEFERRAL OF THE FOLLOWING AMOUNTS: ALAN KADISH - $54,835 RABBI DANIEL LANDER - $41,908
FORM 990, SCHEDULE J, PART II, COLUMN D	NONTAXABLE BENEFITS NONTAXABLE BENEFITS, AS APPLICABLE, INCLUDE QUALIFIED TUITION REDUCTION, PARSONAGE ALLOWANCES AND QUALIFIED BENEFITS UNDER TOURO'S CAFETERIA PLAN. CERTAIN INDIVIDUALS ARE REQUIRED TO LIVE IN UNIVERSITY PROVIDED HOUSING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE UNIVERSITY; AS SUCH THOSE HOUSING AMOUNTS ARE NONTAXABLE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
PUBLIC FINANCE AUTHORITY SERIES 2024C-1
A	273866124	000000000	2024-07-01	$87,268,537	SEE PART VI	0	0	0
DORMITORY AUTHORITY OF THE STATE OF NY SERIES 2013A (REISSUED)
B	146000293	000000000	2023-12-21	$15,128,812	REISSUANCE OF SERIES 2013A BONDS	0	0	0
PUBLIC FINANCE AUTHORITY SERIES 2022A
C	273866124	000000000	2022-07-28	$57,767,150	SEE PART VI	0	0	0
DORMITORY AUTHORITY OF THE STATE OF NY SERIES 2020A
D	146000293	000000000	2020-07-01	$55,610,000	AQUIRE AND RENOVATE FACILITY	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Other Spent ProceedsOtherSpentProceedsAmt	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Capitalized InterestCapitalizedInterestAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr
A	$1,148,889	$10,289,639	$191,063	$10,098,575	Yes (1)	0	Yes (1)	Yes (1)
B	$1,165,437	$15,128,812		$15,128,812	Yes (1)	0	Yes (1)	Yes (1)
C	$367,756	$54,974,860	$1,071,123		0	Yes (1)	0	Yes (1)	$1,837,397	$993,188	$49,900,732	$1,172,419	2023
D	$4,235,964	$35,348,863	$705,000	$2,301,839	0	0	0	Yes (1)	$1,951,088		$30,388,035	$2,901	2020

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Engage Bond Counsel ResearchEngageBondCounselResearchInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd
A	0	0	Yes (1)	Yes (1)	Yes (1)
B	Yes (1)	Yes (1)	0		Yes (1)	Yes (1)
C	Yes (1)	Yes (1)	Yes (1)	0	Yes (1)	Yes (1)
D	0	0	0		Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	Business Name Line2HedgeProviderName/BusinessNameLine2Txt	Term Of HedgeTermOfHedgePct	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd
(no name)
A	0	Yes (1)	Yes (1)	0	0	0	0	0	Yes (1)
MANUFACTURERS AND
B	0	Yes (1)	Yes (1)	0	Yes (1)	Yes (1)	0	0	Yes (1)	TRADERS TRUST	14.900000000000	0	0
(no name)
C	0	Yes (1)	0	0	Yes (1)	0	0	0	Yes (1)
(no name)
D	0	Yes (1)	0	0	0	0	0	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	Yes (1)
D	Yes (1)

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SUPPLEMENTAL INFORMATION:	FormAndLineReferenceDesc
Explanation	COLUMN A: PART II, LINE 1 - THE AMOUNT OF BONDS RETIRED REFLECTED ON THIS FORM REPRESENT THE BONDS REDEEMED AS OF THE END OF THE REPORTING PERIOD ATTRIBUTABLE TO TOURO UNIVERSITY. COLUMN A: PART I, (F) - THE PORTION OF THE BONDS OF WHICH THE BORROWER IS A BENEFICIARY WAS ISSUED TO REFUND A PRIOR ISSUE OF BONDS. COLUMN A: PART II, LINE 3 - THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 REPRESENT THE PORTION OF THE BONDS, PLUS ANY INTEREST EARNINGS ON SUCH BOND PROCEEDS, OF WHICH THE BORROWER IS A BENEFICIARY. THUS, PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E). COLUMN A: PART II, LINE 15 - THE BONDS REFUNDED BY SERIES 2024C1 WERE ISSUED ON JUNE 24, 2014. COLUMN A: PART III, LINE 7 - AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN B: PART I(F) - THE BONDS ARE A REISSUANCE OF THE BORROWER'S SERIES 2013A BONDS. COLUMN B: PART II, LINE 13 - THE BONDS ARE REFUNDING BONDS AND NO PROCEEDS WERE USED TO FINANCE PROJECTS. THUS, A YEAR OF SUBSTANTIAL COMPLETION IS NOT APPLICABLE. COLUMN B: PART II, LINE 15 - THE REISSUED BONDS WERE ORIGINALLY ISSUED ON DECEMBER 18, 2013. COLUMN B: PART III, LINE 7 - AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN C: PART I, (F) - THE PORTION OF THE BONDS OF WHICH THE BORROWER IS A BENEFICIARY WAS ISSUED TO FINANCE THE ACQUISITION OF LAND AND CONSTRUCTION OF EDUCATIONAL FACILITIES ON THE BORROWER'S CAMPUS. THE REMAINING PORTION OF THE BONDS WAS ISSUED TO FINANCE THE REFUNDING OF A TAXABLE BOND ISSUE. COLUMN C: PART II, LINE 3 - THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. COLUMN C: PART II, LINE 15 - THE TAXABLE BONDS REFUNDED BY THE SERIES 2022A WERE ISSUED ON JUNE 26, 2014. COLUMN C: PART III, LINE 7 - AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN D: PART I, (F) - THE PORTION OF THE BONDS OF WHICH THE BORROWER IS A BENEFICIARY WAS ISSUED TO FINANCE THE ACQUISITION AND RENOVATION OF TWO CONTIGUOUS ENTIRE FLOORS OF THE 50 WEST 47TH STREET. COLUMN D: PART II, LINE 1 - THE AMOUNT OF BONDS RETIRED REFLECTED ON THIS FORM REPRESENT THE BONDS REDEEMED AS OF THE END OF THE REPORTING PERIOD ATTRIBUTABLE TO TOURO UNIVERSITY. COLUMN D: PART II, LINE 3 - THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 REPRESENT THE PORTION OF THE BONDS, PLUS INTEREST EARNINGS ON SUCH BOND PROCEEDS, OF WHICH THE BORROWER IS A BENEFICIARY. THUS, PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E). COLUMN D: PART III, LINE 7 - AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN A: PART I, (F) - THE BONDS WERE ISSUED TO REFUND A TAXABLE LOAN AND PAY COSTS OF ISSUANCE. COLUMN A: PART II, LINE 3 - THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. COLUMN A: PART II, LINE 13 - THE BONDS ARE REFUNDING BONDS AND NO PROCEEDS WERE USED TO FINANCE PROJECTS. THUS, A YEAR OF SUBSTANTIAL COMPLETION IS NOT APPLICABLE. COLUMN A: PART III, LINE 7 - AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE.	ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	DORMITORY AUTHORITY OF THE STATE OF NY SERIES 2014A	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Bond Issuer EIN	146000293	BondIssuerEIN
CUSIP	000000000	CUSIPNum
Bond Issued	2014-10-22	BondIssuedDt
Issue Price	$41,475,000	IssuePriceAmt
Purpose	REFUND TAXABLE LOAN	PurposeDesc
Defeased	0	DefeasedInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Pool Financing	0	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Retired	$10,480,000	RetiredAmt
Total Proceeds	$41,475,000	TotalProceedsAmt
Issuance Costs From Proceeds	$826,365	IssuanceCostsFromProceedsAmt
Other Spent Proceeds	$40,648,635	OtherSpentProceedsAmt
Refunding Tax Exempt Bonds	Yes (1)	RefundingTaxExemptBondsInd
Refunding Taxable Bonds	0	RefundingTaxableBondsInd
Final Allocation Made	Yes (1)	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (1)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	0	OwningBondFinancedPropertyInd
Any Lease Arrangements	0	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	0	MgmtContractBondFincdPropInd
Any Research Agreements	0	AnyResearchAgreementsInd
Private Bus Use By Others	0.00000	PrivateBusUseByOthersPct
Private Bus Concerning UBI	0.00000	PrivateBusConcerningUBIPct
Total Private Business Use	0.00000	TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test	0	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	0	ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd	Yes (1)	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	0	Form8038TFiledInd
Rebate Not Due Yet	0	RebateNotDueYetInd
Exception To Rebate	Yes (1)	ExceptionToRebateInd
No Rebate Due	Yes (1)	NoRebateDueInd
Variable Rate Issue	Yes (1)	VariableRateIssueInd
Hedge Identified In Bks And Rec	0	HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGICInd
Gross Proceeds Invested	0	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (1)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	Yes (1)	ProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	OFCKEY EMP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship With Org	VARIOUS	RelationshipWithOrgTxt
Loan Purpose	PAYROLL	LoanPurposeTxt
Loan From Organization	Yes (X)	LoanFromOrganizationInd
Original Principal	$58,427	OriginalPrincipalAmt
Balance Due	$58,427	BalanceDueAmt
Default	0	DefaultInd
Board Or Committee Approval	Yes (1)	BoardOrCommitteeApprovalInd
Written Agreement	0	WrittenAgreementInd

Field	Value	IRS element (for citing)
Total Balance Due	$58,427	TotalBalanceDueAmt

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SCHOLARSHIPS TO FA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship With Org	FAMILY OF ODTKE	RelationshipWithOrgTxt
Cash Grant	$58,426	CashGrantAmt
Type Of Assistance	TUITION DISC.	TypeOfAssistanceTxt
Assistance Purpose	SCHOLARSHIP	AssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (9 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
PHYLLIS LANDER
TTEE SPOUSE	$67,262	EMP. COMP.	0
RICHARD WAXMAN
TTEE BROTHER IN LAW	$143,992	EMP. COMP.	0
DEBRA WAXMAN
TTEE SISTER	$84,490	EMP. COMP.	0
MOSHE FRIEDMAN
TTEE SON	$41,453	EMP. COMP.	0
DAVID MIRSKY
TTEE SON IN LAW	$77,244	EMP. COMP.	0
ERIC GENACK
TTEE SON	$19,479	EMP. COMP.	0
SHERRY KRUPKA
OFC SISTER IN LAW	$103,004	EMP. COMP.	0
BENZION KRUPKA
OFC SIBLING	$49,076	EMP. COMP.	0
RAPHAEL CSILLAG
TTEE SON IN LAW	$130,869	EMP. COMP.	0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

FORM 990, SCHEDULE L, PART II, LOANS:

IN 2015 WHEN TOURO CONVERTED FROM A SEMI-MONTHLY TO A BI-WEEKLY PAYROLL, TOURO ADVANCED EIGHT DAYS OF SALARY TO SUBSTANTIALLY ALL EMPLOYEES TO COMPENSATE FOR THE BUILT-IN DELAY IN PROCESSING THE NEW BI-WEEKLY PAYROLL CYCLE. OF SUCH AMOUNT, $58,426 IS INCLUDED IN LOANS AND OTHER RECEIVABLES FROM CURRENT AND FORMER OFFICERS AND KEY EMPLOYEES, AND $1,531,652 FOR OTHER EMPLOYEES IS INCLUDED IN NOTES AND LOANS RECEIVABLE. SUCH AMOUNTS ARE EXPECTED TO BE REPAID AS EMPLOYEES LEAVE THE UNIVERSITY.

SCH L, PART III, GRANTS OR ASSISTANCE BENEFITTING INTERESTED PERSONS:

(A) NAME OF PERSON: SCHOLARSHIPS TO FAMILY OF OFFICERS AND TRUSTEES

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 1, MISSION STATEMENT:	TOURO UNIVERSITY IS AN INDEPENDENT INSTITUTION OF HIGHER EDUCATION UNDER JEWISH AUSPICES, ESTABLISHED TO PROMOTE AND PERPETUATE THE JEWISH HERITAGE, AS WELL AS TO SERVE THE GENERAL COMMUNITY IN KEEPING WITH THE HISTORIC JEWISH COMMITMENT TO INTELLECTUAL INQUIRY, THE TRANSMISSION OF KNOWLEDGE, AND SERVICE TO SOCIETY. TOURO OFFERS UNDERGRADUATE, GRADUATE AND PROFESSIONAL PROGRAMS THAT SERVE DIVERSE COMPONENTS OF THE JEWISH COMMUNITY AND THE LARGER SOCIETY, ESPECIALLY THOSE WHO HAVE BEEN HISTORICALLY UNDERSERVED. THESE ACADEMIC OFFERINGS SPAN JEWISH STUDIES, THE LIBERAL ARTS AND SCIENCES, AND MEDICAL AND HEALTH SCIENCES. TOURO IS A UNIVERSITY WHERE PERSONAL GROWTH, SCHOLARSHIP AND RESEARCH ARE FOSTERED AND WHERE MEN AND WOMEN ARE PREPARED FOR PRODUCTIVE LIVES OF DIGNITY, VALUE, AND VALUES. THE CORE VALUES OF THE UNIVERSITY ARE BASED ON TWO FUNDAMENTAL COMPONENTS, AS REFLECTED IN HILLEL'S DICTUM IN ETHICS OF THE FATHERS, "IF I AM NOT FOR MYSELF, WHO WILL BE FOR ME? AND IF I AM CONCERNED ONLY WITH MYSELF, WHAT AM I?" THESE VALUES MIRROR TOURO'S COMMITMENT TO QUALITY EDUCATION AS WELL AS INTEGRITY AND RESPECT FOR ALL MEMBERS OF THE TOURO COMMUNITY. THE FOLLOWING GOALS SUPPORT TOURO'S MISSION: TO IMPART AND ENRICH THE JEWISH HERITAGE AND ITS TRADITION OF INTELLECTUAL INQUIRY AND TO INCORPORATE ITS ETHOS INTO THE UNIVERSITY'S ACADEMIC OFFERINGS TO PROMOTE ETHICAL BEHAVIOR AND RESPONSIBILITY THROUGH THE CURRICULUM AND COMMUNITY OUTREACH TO ADVANCE THE CAREER INTERESTS AND PROFESSIONAL ASPIRATIONS OF OUR STUDENTS THROUGH A BROAD RANGE OF ACADEMIC PROGRAMS AND INNOVATIVE APPROACHES TO ADVANCE FACULTY AND STUDENT RESEARCH AND SCHOLARSHIP TO PROMOTE EDUCATIONAL OPPORTUNITIES AND ACCESS, FOCUSED ON THE STUDENT EXPERIENCE AND STUDENT SUCCESS HAD AN AVERAGE ENROLLMENT OF APPROXIMATELY 12,400 DURING FALL AND SPRING.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 REVIEW PROCESS: THE TOURO UNIVERSITY FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE CONTROLLER, OFFICERS AND THE AUDIT COMMITTEE OF THE BOARD OF THE ORGANIZATION THEN REVIEW THE FORM 990. A COPY OF THE FORM 990 IS THEN PROVIDED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST POLICY: THE ANNUAL BOARD QUESTIONNAIRE, WHICH REQUIRES DISCLOSURE OF CONFLICT INTEREST AND OTHER DETAILS, IS CIRCULATED TO ALL OF THE BOARD MEMBERS AND IS REVIEWED BY IN-HOUSE COUNSEL. OUR POLICIES REQUIRE THAT TRUSTEES, OFFICERS, AND KEY EMPLOYEES NOTIFY TOURO ANY TIME CONFLICTS OF INTEREST ARISE. IN THE EVENT THERE IS A CONFLICT OF INTEREST, OR AN APPEARANCE OF A CONFLICT OF INTEREST, THE INDIVIDUAL MUST RECUSE THEMSELVES FROM ANY DISCUSSIONS OR DECISIONS CONCERNING THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15	EXECUTIVE COMPENSATION: THE BOARD AND OFFICERS, WHO ARE FREE OF ANY CONFLICT, APPROVE EXECUTIVE HIRING DECISIONS. IN MAKING COMPENSATION AND EMPLOYEE BENEFIT DETERMINATIONS, CONSIDERATION IS GIVEN TO EXPERT REPORTS AND COMPENSATION TRENDS IN THE INDUSTRY, QUALIFICATIONS AND OTHER MERITS OF THE CANDIDATES. ALL SUCH DECISIONS ARE DOCUMENTED. COMPENSATION FOR SENIOR MANAGEMENT IS REVIEWED PERIODICALLY AND, WHEN APPLICABLE, WHEN THEIR CONTRACTS ARE RENEWED.
FORM 990, PART VI, SECTION C, LINE 19	DOCUMENTATION AVAILABLE TO PUBLIC: THE UNIVERSITY MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC.
FORM 990,PART VIII	ON MAY 10, 2024, TOURO ENTERED INTO AN AFFILIATION AGREEMENT WITH MCLAUGHLIN RESEARCH INSTITUTE (MRI) PURSUANT TO WHICH MRI BECAME A CONSOLIDATED MEMBER OF THE UNIVERSITY. TOURO ASSUMED THE ASSETS AND LIABILITIES OF MRI; HOWEVER, NO CONSIDERATION WAS PAID BY TOURO. DURING THE YEAR ENDED JUNE 30, 2025 TOURO RECORDED AN ADDITIONAL INHERENT CONTRIBUTION OF $3,301 WHICH PRIMARILY RELATED TO THE FINAL VALUATION OF PROPERTY AND EQUIPMENT. ON JANUARY 1, 2025, TOURO EXECUTED AN ASSET TRANSFER AGREEMENT BETWEEN THE NEW YORK COLLEGE OF PODIATRIC MEDICINE (NYCPM). THE FINANCIAL ACTIVITIES OF NYCPM, AFTER THE TRANSFER ARE INCLUDED IN TOURO'S NEW YORK OPERATIONS. AS OF JUNE 30, 2025, TOURO INCLUDED A THIRD PARTY VALUATION OF THE PROPERTY AND EQUIPMENT OF THE ASSETS ACQUIRED WHICH RESULTED IN $38,635 INCLUDED IN FIXED ASSETS AND $15,857 OF NET ASSETS ACQUIRED.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (8 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
WARWICK ACADEMIC ASSOCIATES LLC
C/O TOURO UNIVERSITY 202 WEST 43RD	NEW YORK	NY	10036	204236301	HOLDING COMPANY	NY	TOURO UNIVERSITY
CENTER FOR HEALTH OUTCOME RESEARCH LLC
C/O TOURO UNIVERSITY 202 WEST 43RD	NEW YORK	NY	10036	272347268	INACTIVE	DE	TOURO UNIVERSITY
INSTRUMENT LOGISTICS LLC
C/O TOURO UNIVERSITY 202 WEST 43RD	NEW YORK	NY	10036	132676570	SUPPORT TOURO	NY	TOURO UNIVERSITY
TOURO MARE ISLAND LLC
C/O TOURO UNIVERSITY 202 WEST 43RD	NEW YORK	NY	10036	263766690	SUPPORT TOURO	CA	TOURO UNIVERSITY
HTC LLC
202 WEST 43RD STREET	NEW YORK	NY	10036	475571364	HOLDING COMPANY	NY	TOURO UNIVERSITY
TOURO UNIVERSITY MONTANA LLC
3011 AMERICAN WAY	MISSOULA	MT	59808	871856562	HOLDING COMPANY	MT	TOURO UNIVERSITY
225-227 WEST 60TH STREET LLC
225-227 W 60TH ST	NEW YORK	NY	10023	030389211	INACTIVE	NY	TOURO UNIVERSITY
TOURO UNIVERSITY ILLINOIS
C/O TOURO UNIVERSITY 202 WEST 43RD	NEW YORK	NY	10023		EDUCATION	IL	TOURO UNIVERSITY

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (18 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd
TOURO UNIVERSITY (CALIFORNIA)
202 WEST 43RD STREET	NEW YORK	NY	10018	133838740	EDUCATION	CA	501(C)(3)	2	TOURO UNIVERSITY	Yes (1)
TOURO UNIVERSITY NEVADA
202 WEST 43RD STREET	NEW YORK	NY	10018	200362127	EDUCATION	NV	501(C)(3)	2	TOURO UNIVERSITY	Yes (1)
TOURO COLLEGE AND UNIVERSITY SYSTEM INC
202 WEST 43RD STREET	NEW YORK	NY	10018	680646771	EDUCATION	NJ	501(C)(3)	2	TOURO UNIVERSITY	Yes (1)
YESHIVAS OHR HACHAIM
202 WEST 43RD STREET	NEW YORK	NY	10036	112808947	EDUCATION	NY	501(C)(3)	2	TOURO UNIVERSITY	Yes (1)
RABBI DOV REVEL YESHIVA OF FOREST HILLS
202 WEST 43RD STREET	NEW YORK	NY	10036	111681674	EDUCATION	NY	501(C)(3)	2	TOURO UNIVERSITY	Yes (1)
TOURO LAW CENTER DEVELOPMENT FOUNDATION
202 WEST 43RD STREET	NEW YORK	NY	10036	133922718	SUPPORT ORG	NY	501(C)(3)	12A, I	TOURO UNIVERSITY	Yes (1)
NYMC LLC
202 WEST 43RD STREET	NEW YORK	NY	10036	271481147	MEMBER NYMC	DE	501(C)(3)	12A, I	TOURO UNIVERSITY	Yes (1)
NEW YORK MEDICAL COLLEGE
40 SUNSHINE COTTAGE ROAD	VALHALLA	NY	10595	131099420	EDUCATION	NY	501(C)(3)	2	NYMC LLC	Yes (1)
PARTNERSHIP FOR A HEALTHY POPULATION
202 WEST 43RD STREET	NEW YORK	NY	10036	134038939	HEALTH STUDY	NY	501(C)(3)	7	TOURO UNIVERSITY	Yes (1)
TOURO COLLEGE BERLIN GGMBH BERLIN
					EDUCATION				TOURO UNIVERSITY	Yes (1)	AM RUPERHORN 4	BERLIN	GM	14055	GM
HEBREW THEOLOGICAL COLLEGE
7135 NORTH CARPENTER ROAD	SKOKIE	IL	60077	362167095	EDUCATION	IL	501(C)(3)	2	TOURO UNIVERSITY	Yes (1)
THE BIOTECHNOLOGY INCUBATOR AT NYMC INC
40 SUNSHINE COTTAGE ROAD	VALHALLA	NY	10595	471682208	RESEARCH	NY	501(C)(3)	10	NEW YORK MEDICAL COLLEGE	Yes (1)
TOURO UNIVERSITY MEDICAL GROUP
1805 N CALIFORNIA ST STE 201	STOCKTON	CA	95204	843416009	HEALTH CARE	CA	501(C)(3)	3	TOURO UNIVERSITY CALIFORNIA	Yes (1)
NYMC-SCHOOL OF MEDICINE FACULTY PRACTICE
40 SUNSHINE COTTAGE ROAD	VALHALLA	NY	10595	833709834	HEALTH CARE	NY	501(C)(3)	10	NEW YORK MEDICAL COLLEGE	Yes (1)
CONGREGATION BAIS DAVID
141-61 71ST AVENUE	KEW GARDEN HILLS	NY	11367	112819714	RELIGIOUS	NY	501(C)(3)	1	TOURO UNIVERSITY	Yes (1)
LOVELACE BIOMEDICAL RESEARCH INSTITUTE
2425 RIDGECREST DRIVE SE	ALBUQUERQUE	NM	87108	850110669	RESEARCH	NM	501(C)(3)	10	NYMC LLC	Yes (1)
MCLAUGHLIN RESEARCH INSTITUTE FOR BIOMEDICAL SCIENCES
1520 23RD STREET SOUTH	GREAT FALLS	MT	59405	810459235	GENETIC RESEARCH	MT	501(C)(3)	2	NYMC LLC	Yes (1)
FOOT CLINICS OF NEW YORK
55 EAST 124TH STREET	NEW YORK	NY	10035	131655230	SUPPORT ORG	NY	501(C)(3)	12A(I)	TOURO UNIVERSITY	Yes (1)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (9 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Direct Controlling NADirectControllingNACd	Entity TypeEntityTypeTxt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
TOURO SPEECH AND HEARING CLINIC INC
1602 AVENUE J	BROOKLYN	NY	11230	134180235	INACTIVE	NY	N/A	C	1.00000	Yes (1)
TOURO FOUNDATION CORPORATION
202 WEST 43RD STREET	NEW YORK	NY	10036	134014618	INACTIVE	NY	N/A	C	1.00000	Yes (1)
TOURO UNIVERSITY FOUNDATION
202 WEST 43RD STREET	NEW YORK	NY	10036	943318585	INACTIVE	CA	N/A	C	1.00000	Yes (1)
TOURO COLLEGE FOUNDATION FOR JEWISH STUDIES
202 WEST 43RD STREET	NEW YORK	NY	10036	133639225	INACTIVE	NY	N/A	C	1.00000	Yes (1)
TOURO UNIVERSITY MEDICAL ASSOCIATES
1805 N CALIFORNIA ST STE 201	STOCKTON	CA	95204	843786336	HEALTH CARE	CA	N/A	C	1.00000	Yes (1)
TOURO COLLEGE OF DENTAL MEDICINE FACULTY PRACTICE CORPORATION
202 WEST 43RD STREET	NEW YORK	NY	10036	871129539	HEALTH CARE	NY	N/A	C	1.00000	Yes (1)
SPEECH LANGUAGE PATHOLOGY PC
40 SUNSHINE COTTAGE RD	VALHALLA	NY	10595	720564834	HEALTH CARE	NY	N/A	C		Yes (1)
LOVELACE SCIENTIFIC RESOURCES
2441 RIDGECREST DRIVE SE	ALBUQUERQUE	NM	87108	850357767	RESEARCH	NM	N/A	C		Yes (1)
PODIA INSURANCE LIMITED
					INSURANCE			C	1.00000	Yes (1)	PO BOX 1109GT	GEORGE TOWN	GRAND CAYMAN	CJ	CJ	TOURO UNIVERSITY

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (1)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	Yes (1)	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (1)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (1)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	Yes (1)	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (9 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
YESHIVAS OHR HACHAIM
P	-$8,698,872	CASH
TOURO UNIVERSITY NEVADA
Q	$10,326,920	CASH
TOURO UNIVERSITY CALIFORNIA
Q	$13,175,478	CASH
TOURO UNIVERSITY NEVADA
R	$16,652,044	CASH
TOURO UNIVERSITY CALIFORNIA
R	$18,932,192	CASH
RABBI DOV REVEL YESHIVA OF FOREST HILLS
Q	$6,660,690	CASH
NEW YORK MEDICAL COLLEGE
P	$630,917	CASH
NEW YORK MEDICAL COLLEGE
K	$4,051,329	CASH
NEW YORK MEDICAL COLLEGE
O	$369,766	CASH

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE R, PART V	FormAndLineReferenceDesc
Explanation	UNDER IRC SECTIONS 512(B)(13) AND 318, ORGANIZATIONS CONTROLLED BY TOURO UNIVERSITY ARE ATTRIBUTED CONSTRUCTIVE OWNERSHIP BETWEEN THE BROTHER/SISTER RELATED ENTITIES ON SCHEDULE R. ALL TRANSACTIONS WITH DIRECTLY CONTROLLED ORGANIZATIONS ARE REPORTED ON PART V, LINE 2.	ExplanationTxt