New York Medical College

Organization Overview

New York Medical College is located in Valhalla, NY. The organization was established in 1940. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2022, New York Medical College employed 1,018 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Medical College 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 06/2022, New York Medical College generated $123.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $114.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, New York Medical College has awarded 108 individual grants totaling $6,756,206. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATE PHYSICIANS, SCIENTISTS, PUBLIC HEALTH SPECIALISTS & OTHER HEALTHCARE PROFESSIONALS.

Describe the Organization's Program Activity:

PROFESSIONAL EDUCATION: EDUCATE INDIVIDUALS FOR CAREERS IN MEDICAL, SCIENCE AND HEALTH PROFESSIONS.


AFFILIATION AND FACULTY PRACTICE: NYMC FACULTY MEMBERS PROVIDE SUPERVISION, TEACHING AND RELATED ADMINISTRATIVE SERVICES AT WESTCHESTER MEDICAL CENTER AND OTHER METROPOLITAN AREA HOSPITALS IN SUPPORT OF VARIOUS MEDICAL STUDENT RESIDENCY PROGRAMS.


AUXILIARY: CAMPUS SERVICES (HOUSING AND DINING) PROVIDED TO THE STUDENTS AND THE NYMC COMMUNITY TO LIVE AND FUNCTION ON CAMPUS.


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Board, Officers & Key Employees

Name (title)Compensation
Alan Kadish
President, CEO And Trustee
$0
Rabbi Menachem Genack
Trustee And Professor
$0
Robert Alter
Trustee
$0
Gary Barnett
Trustee
$0
Howard Baruch
Trustee
$0
Ben Chouake
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Constellation Newenergy Inc
Energy Management Services
$6,684,077
Able Services
Cleaning Service
$1,863,400
Elsevier Inc
Online Library Subscription
$1,427,386
Pavarini North East Construction Company
Construction
$926,392
M E Engineering Pc
Professional Engineering Services
$790,469
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$478,490
Related organizations$0
Government grants $1,264,269
All other contributions, gifts, grants, and similar amounts not included above$3,886,502
Noncash contributions included in lines 1a–1f $386,844
Total Revenue from Contributions, Gifts, Grants & Similar$5,629,261
Total Program Service Revenue$106,690,988
Investment income $2,606,935
Tax Exempt Bond Proceeds $42,075
Royalties $0
Net Rental Income $2,915,730
Net Gain/Loss on Asset Sales $3,990,150
Net Income from Fundraising Events -$110,258
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $123,647,564

Grants Awarded

Over the last fiscal year, New York Medical College has awarded $410,162 in support to 9 organizations.

Grant RecipientAmount

UNIVERSITY OF PITTSBURGH

PURPOSE: RESEARCH

$107,026

OREGON HEALTH AND SCIENCE UNIVERSITY

PURPOSE: RESEARCH

$93,877

UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER

PURPOSE: RESEARCH

$53,069

THE RESEARCH FOUNDATION FOR SUNY STONYBROOK

PURPOSE: RESEARCH

$48,852

MEDICAL COLLEGE OF WISCONSIN

PURPOSE: RESEARCH

$34,756

TRUSTEES OF THE UNIVERSITY OF PA

PURPOSE: RESEARCH

$22,907
View Grant Profile

Peer Organizations

Organization NameAssets
Albert Einstein College Of Medicine
Bronx, NY
$398,736,597
Bentley University
Waltham, MA
$292,278,614
Mcphs University
Boston, MA
$425,452,913
Teachers College Columbia University
New York, NY
$290,297,185
Feinberg Graduate School Of The Weizmann Institute Of Science
New York, NY
$199,521,203
Philadelphia College Of Osteopathic Medicine
Philadelphia, PA
$168,282,211
New York Medical College
Valhalla, NY
$123,647,564
Lake Erie College Of Osteopathic Medicine Inc
Erie, PA
$201,771,210
New York Law School
New York, NY
$82,313,056
Brooklyn Law School
Brooklyn, NY
$83,409,287
Touro University
New York, NY
$97,479,390
Bank Street College Of Education
New York, NY
$68,730,517
Albany College Of Pharmacy And Health Sciences
Albany, NY
$61,244,445
Touro University
New York, NY
$69,609,490
New England Law Boston
Boston, MA
$57,554,608
Salus University
Elkins Park, PA
$55,000,355
American College
King of Prussia, PA
$42,764,536
International Federation Of Accountants
New York, NY
$43,752,070
Geisinger Commonwealth School Of Medicine
Danville, PA
$48,699,077
Albany Law School
Albany, NY
$39,157,499
Union Theological Seminary
New York, NY
$38,813,378
Cairn University
Langhorne, PA
$37,265,349
Gordon Conwell Theological Seminary Inc
South Hamilton, MA
$30,087,135
Westminster Theological Seminary
Glenside, PA
$33,728,567
New York College Of Podiatric Medicine
New York, NY
$19,795,401

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