Nassau Academy Of Medicine
- Assets
- $6.7m
- Revenue
- $204.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Garden City, NY
- Founding
- 07/1961
- Data as of
- 12/2021
- EIN
- 11-1805713
Organization Overview
Nassau Academy Of Medicine is located in Garden City, NY. The organization was established in 1961. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nassau Academy Of Medicine is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Nassau Academy Of Medicine generated $204.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $163.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ADVANCED MEDICAL TRAINING, AS WELL AS MAINTAIN A MEDICAL LIBRARY FOR MEMBERS OF THE MEDICAL PROFESSION OF NASSAU COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING ADVANCED MEDICAL TRAINING AS WELL AS MAINTENANCE OF A MEDICAL LIBRARY FOR MEMBERS OF THE MEDICAL PROFESSION OF NASSAU COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Battista MD President | OfficerTrustee | 0 | $0 |
Daniel J Nicoll MD 1st VP | OfficerTrustee | 0 | $0 |
David Podwall MD 2nd VP | OfficerTrustee | 0 | $0 |
Ellen Braunstein MD Secretary | OfficerTrustee | 0 | $0 |
Susan Zwanger Mendelsohn MD Treasurer | Officer | 0 | $0 |
Paul A Pipia MD Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $22,151 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,151 |
| Total Program Service Revenue | $0 |
| Investment income | $122,242 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $59,747 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $204,140 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,195 |
| Payroll taxes | $4,514 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,624 |
| Fees for services: Accounting | $6,667 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,312 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,834 |
| Office expenses | $4,580 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,296 |
| Travel | $49 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $539 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,399 |
| Insurance | $10,733 |
| All other expenses | $8,947 |
| Total functional expenses | $163,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $800 |
| Savings and temporary cash investments | $1,105,392 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,417 |
| Net Land, buildings, and equipment | $14,388 |
| Investments—publicly traded securities | $5,292,237 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $260,480 |
| Total assets | $6,686,714 |
| Accounts payable and accrued expenses | $1,319 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1 |
| Total liabilities | $1,320 |
| Net assets without donor restrictions | $6,670,513 |
| Net assets with donor restrictions | $14,881 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,686,714 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Physicians Of Brooklyn Inc Brooklyn, NY | $41,439,443 | $60,589,038 |
Associated Medical Schools Of New York New York, NY | $3,460,503 | $3,960,452 |
Pennsylvania Academy Of Family Physicians Foundation Harrisburg, PA | $496,377 | $1,343,074 |
The Elmezzi Graduate School Of Molecular Medicine Westbury, NY | $0 | $0 |
Albany Medical College Alumni Association Inc Albany, NY | $7,107,404 | $658,627 |
Academy Of Medicine Of Queens County Inc Forest Hills, NY | $1,732,761 | $433,362 |
State University Of New York Downstate Medical Center Tr Alu Pittsburgh, PA | $2,952,778 | $195,965 |
Rochester Academy Of Medicine Rochester, NY | $801,076 | $335,226 |
Nassau Academy Of Medicine Garden City, NY | $6,686,714 | $204,140 |
Westchester Academy Of Medicine Valhalla, NY | $1,876,340 | $109,445 |
Suffolk Academy Of Medicine Patchogue, NY | $24,375 | $0 |
Health Occupations Students Of America Wernersville, PA | $162,304 | $0 |