NEW YORK MEDICAL COLLEGE Charity Report

Public IRS 990 nonprofit record

NEW YORK MEDICAL COLLEGE

EIN 13-1099420 · Health Care (E)

What they do

NEW YORK MEDICAL COLLEGE (NYMC), A MEMBER of TOURO UNIVERSITY, is A HEALTH SCIENCES COLLEGE WHOSE PURPOSE is to EDUCATE CLINICAL and PUBLIC HEALTH PROFESSIONALS AS WELL AS RESEARCHERS, to CONDUCT BIOMEDICAL and POPULATION-BASED RESEARCH (SEE SCHEDULE O).

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $75.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders39 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

71.36%of revenue went to mission work75.6% of expenses · Program services

1.13%of revenue went to fundraising1.2% of expenses

$94.39spent for every $100 of revenueRevenue covered expenses this year.

21.90%of revenue went to management and office costs23.2% of expenses

$2.66in assets for every $1 spent this yearSome assets cannot be spent right away.

6.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,021,074 for MITCHELL S CAIRO (PROFESSOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$135,727,120

Mission workProgram services$96,851,51271.36% of revenue75.6% of expenses

ManagementOffice and general costs$29,730,64221.90% of revenue23.2% of expenses

FundraisingAsking for donations$1,534,8021.13% of revenue1.2% of expenses

Revenue left after expensesReported annual surplus$7,610,1645.61% of revenueShown in gray on the chart

Total expenses$128,116,95694.39% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 75.6% mission · 23.2% management · 1.2% fundraisingTotal expenses: 94.39% of revenue

2023Expense mix: 76.9% mission · 21.5% management · 1.7% fundraisingTotal expenses: 98.94% of revenue

2022Expense mix: 73.2% mission · 24.9% management · 1.8% fundraisingTotal expenses: 102.90% of revenue

2021Expense mix: 73.8% mission · 24.5% management · 1.6% fundraisingTotal expenses: 92.20% of revenue

2020Expense mix: 71.8% mission · 27.1% management · 1.1% fundraisingTotal expenses: 99.82% of revenue

2019Expense mix: 79.6% mission · 19.4% management · 1.0% fundraisingTotal expenses: 100.17% of revenue

2018Expense mix: 77.7% mission · 21.4% management · 1.0% fundraisingTotal expenses: 99.78% of revenue

2017Expense mix: 78.7% mission · 20.1% management · 1.1% fundraisingTotal expenses: 103.53% of revenue

Money in and money out

Revenue$135,727,120

Expenses$128,116,956

Annual surplus $7,610,164 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$96,851,512 · 75.6% of expenses

Management and office costs$29,730,642 · 23.2% of expenses

Fundraising$1,534,802 · 1.2% of expenses

See all reported dollar amounts

Revenue$135,727,120

Expenses$128,116,956

Assets$340,924,554

Income$159,190,881

Contributions$9,133,707

Mission work (program services)$96,851,512

Fundraising$1,534,802

Grants given$7,789,588

Average grant$68,330

Management and general$29,730,642

Stocks and bonds$78,863,227

Accounting fees$417,376

Investing fees$243,104

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MITCHELL S CAIROPROFESSOR · 35 hrs/week $1,021,074Base $951,280 · Other $69,794

EDWARD C HALPERINCHANCELLOR OF HEALTH AFF & CEO · 35 hrs/week $772,771Base $700,132 · Other $72,639

NEIL SCHLUGERDEAN SOM · 35 hrs/week $666,916Base $649,404 · Other $17,512

DAVID S MARKENSONSR. ASSOCIATE DEAN FOR RESEARCH,SHSP · 35 hrs/week $481,500Base $407,146 · Other $74,354

ROBERT W AMLERDEAN SHSP · 35 hrs/week $474,798Base $425,220 · Other $49,578

NICHOLAS JANIGAVP, CHIEF COUNSEL & ASST SECRETARY · 35 hrs/week $437,519Base $355,397 · Other $82,122

LORI SOLOMONCHAIR OF FAMILY & COMMUNITY MEDICINE · 5 hrs/week $397,475Base $311,111 · Other $86,364

MICHAL LANIADO SCHWARTZMANPROFESSOR · 35 hrs/week $393,565Base $318,285 · Other $75,280

JANE PONTERIODEAN OF STUDENTS · 35 hrs/week $357,727Base $321,592 · Other $36,135

MARINA HOLZDEAN GSBMS · 35 hrs/week $353,031Base $334,895 · Other $18,136

ADAM HAMMERMANVICE PRESIDENT & CFO · 35 hrs/week $352,686Base $308,189 · Other $44,497

SALOMON AMARSVP FOR RESEARCH AFFAIRS · 12 hrs/week $328,053Base $212,970 · Other $115,083

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (39)

MITCHELL S CAIROPROFESSOR

EDWARD C HALPERINCHANCELLOR OF HEALTH AFF & CEO

NEIL SCHLUGERDEAN SOM

DAVID S MARKENSONSR. ASSOCIATE DEAN FOR RESEARCH,SHSP

ROBERT W AMLERDEAN SHSP

NICHOLAS JANIGAVP, CHIEF COUNSEL & ASST SECRETARY

LORI SOLOMONCHAIR OF FAMILY & COMMUNITY MEDICINE

MICHAL LANIADO SCHWARTZMANPROFESSOR

JANE PONTERIODEAN OF STUDENTS

MARINA HOLZDEAN GSBMS

ADAM HAMMERMANVICE PRESIDENT & CFO

SALOMON AMARSVP FOR RESEARCH AFFAIRS

ALAN KADISHPRESIDENT AND TRUSTEE

MICHAEL NEWMANSEC., SR. VP AND GEN. COUNSEL

RABBI MENACHEM GENACKTRUSTEE

RABBI R SINHA END 112924TRUSTEE

MUNR KAZMIRTRUSTEE

MOSHE LICHTENSTEINTRUSTEE

ROBERT ALTERTRUSTEE

RONALD F POETRUSTEE

RUBEN MEDINATRUSTEE

STEPHEN ROSENBERGTRUSTEE

STEPHEN J NICHOLASTRUSTEE

MARTIN OLINERTRUSTEE

LAWRENCE NESHIWATTRUSTEE

KENNETH R THEOBALDSTRUSTEE

JOSEPH SCHWARTZVICE CHAIR & TRUSTEE

JOSEPH POPACKTRUSTEE

JOSEPH MARKCHAIRMAN & TRUSTEE

HOWARD BARUCHTRUSTEE

HENRY SAPHIERTRUSTEE

GARY GETTENBERGTRUSTEE

GARY BARNETTTRUSTEE

ELIOT PEYSERTRUSTEE

DEE DELBELLO END 123124TRUSTEE

BEN CHOUAKETRUSTEE

AVI RETTERTRUSTEE

AMMIR RABADITRUSTEE

ALAN B ROSENTHALTRUSTEE

About this charity

Recognized since: January 1940
Location: 40 SUNSHINE COTTAGE RD, VALHALLA, NY 10595-1524
County: Westchester
In care of: % ADAM HAMMERMAN
Primary officer: ADAM HAMMERMAN, VICE PRESIDENT AND CFO

How to reach them

WebsiteVisit the charity’s website Phone(914) 594-4470

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Health Care (E)
IRS tax category: Health Care
Grant-giving organization: Yes