Nonprofit · EIN 11-3358541
NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE
Tax-exempt · MINEOLA, NY 11501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,678,469 | $3,168,156 | -$489,687 | $6,876,280 | $2,965,028 | $3,911,252 |
| December 31, 2023 | 990 | $3,029,637 | $3,191,466 | -$161,829 | $7,927,311 | $3,526,372 | $4,400,939 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $50,846
- Program service revenue
- $2,477,540
- Investment income
- $150,083
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $404,671
- Other salaries and wages
- $1,417,642
- Salaries, compensation and benefits (total)
- $2,034,104
- Professional fundraising fees
- $0
- Occupancy
- $615,307
- Travel
- $13,423
- Depreciation
- $112,203
- Program services (functional)
- $2,307,355
- Management and general (functional)
- $860,801
Balance sheet and other
- Total assets, start of year
- $7,927,311
- Total assets, end of year
- $6,876,280
- Total liabilities, end of year
- $2,965,028
- Net assets, end of year
- $3,911,252
- Land, buildings and equipment
- $193,664
- Publicly traded securities
- $2,428,284
- Net assets without donor restrictions
- $3,911,252
- Gross receipts
- $2,678,469
- Employees
- 65
- Volunteers
- 9
- Year formed
- 1996
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR YEMENG CHEN | PRESIDENT Officer | 40 | $194,717 | $11,253 |
| DR MEGAN HAUNGS | ACADEMIC DEAN Officer | 40 | $107,517 | $0 |
| DR DONG-HUA YANG | ADMINISTRATIVE DEAN Officer | 40 | $91,184 | $0 |
| MS LOIS BECKERMAN | TRUSTEE, CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MS CAROLE ROBLE CPA | TRUSTEE, VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DR JAMES BARE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR LAWRENCE JONES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR STEVE LEGUM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR SUN F PEI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR ARNOLD STERN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR LIBANG ZHANG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MS SAWANEE KHONGSAWATWAJA MS | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR YEMENG CHEN | PRESIDENT Officer | 40 | $187,420 | $10,412 |
| DR MEGAN HAUNGS | ACADEMIC DEAN Officer | 40 | $107,692 | $0 |
| DR DONG-HUA YANG | ADMINISTRATIVE DEAN Officer | 40 | $91,459 | $0 |
| MS LOIS BECKERMAN | TRUSTEE, CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MS CAROLE ROBLE CPA | TRUSTEE, VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DR JAMES BARE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR LAWRENCE JONES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR STEVE LEGUM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR SUN F PEI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR ARNOLD STERN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR LIBANG ZHANG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MS SAWANEE KHONGSAWATWAJA MS | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 OLD COUNTRY RD STE 500, MINEOLA, NY 11501-4239
- In care of
- % CHI CHOW
- Principal officer (990 for 2024)
- DR YEMENG CHEN, 200 OLD COUNTRY RD, MINEOLA, NY 11501
- Signed the 990
- KUEI ZHOU, FINANCIAL DIRECTOR
- Phone
- (516) 739-1545
- Website
- WWW.NYCTCM.EDU
- Return prepared by
- SIKICH LLC
Mission
TO OFFER POSTSECONDARY EDUCATION IN ACUPUNCTURE AND CHINESE HERBAL MEDICINE
Program accomplishments
- POSTSECONDARY EDUCATION IN ACUPUNCTURE AND CHINESE HERBAL MEDICINE: PRIMARY EDUCATIONAL PROGRAMS CONSIST OF DEGREE PROGRAMS THAT PREPARE GRADUATES FOR LICENSURE AND COMPETENT PROFESSIONAL PRACTICE OF ACUPUNCTURE & CHINESE HERBAL MEDICINE. EDUCATIONAL PROGRAMS INCLUDE CLINIC PROGRAMS, WHICH ARE ESSENTIAL TO ALLOW STUDENTS TO PRACTICE TECHNIQUES IN A PATIENT SETTING, AND SEMINARS AND CLASSES THAT INFORM THE PUBLIC ABOUT ACUPUNCTURE & CHINESE HERBAL MEDICINE.Expenses $2,307,355 · revenue $2,477,540
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 11-3358541
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B50)
- Assets (IRS master file)
- $6,876,280
- Income (IRS master file)
- $2,678,469
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,678,469 | $3,168,156 | $6,876,280 | XML |
| 990 | December 2023 | $3,029,637 | $3,191,466 | $7,927,311 | XML |
| 990 | December 2022 | $2,990,222 | $3,269,422 | $8,683,019 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3358541).
Questions about NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE
- What is the EIN of NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE?
- The employer identification number (EIN) of NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE is 11-3358541.
- Is NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE?
- The 990 for the year ended December 31, 2024 names DR YEMENG CHEN.
- Who are the officers and directors of NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE?
- The 990 for the year ended December 31, 2024 lists 12 people; 3 received compensation from the organization, the highest $194,717 (DR YEMENG CHEN, PRESIDENT).
- How much revenue does NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,678,469, expenses of $3,168,156 and total assets of $6,876,280 at year end.
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