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Nonprofit · EIN 11-3358541

NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE

Tax-exempt · MINEOLA, NY 11501

Financials

$3M$3.2M2023$2.7M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,678,469$3,168,156-$489,687$6,876,280$2,965,028$3,911,252
December 31, 2023990$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.

NameTitleHours / weekCompensationOther / benefits
DR YEMENG CHENPRESIDENT
Officer
40$194,717$11,253
DR MEGAN HAUNGSACADEMIC DEAN
Officer
40$107,517$0
DR DONG-HUA YANGADMINISTRATIVE DEAN
Officer
40$91,184$0
MS LOIS BECKERMANTRUSTEE, CHAIRMAN
Trustee or director, Officer
1$0$0
MS CAROLE ROBLE CPATRUSTEE, VICE CHAIR
Trustee or director, Officer
1$0$0
DR JAMES BARETRUSTEE
Trustee or director
1$0$0
MR LAWRENCE JONESTRUSTEE
Trustee or director
1$0$0
MR STEVE LEGUMTRUSTEE
Trustee or director
1$0$0
DR SUN F PEITRUSTEE
Trustee or director
1$0$0
DR ARNOLD STERNTRUSTEE
Trustee or director
1$0$0
DR LIBANG ZHANGTRUSTEE
Trustee or director
1$0$0
MS SAWANEE KHONGSAWATWAJA MSTRUSTEE
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
DR YEMENG CHENPRESIDENT
Officer
40$187,420$10,412
DR MEGAN HAUNGSACADEMIC DEAN
Officer
40$107,692$0
DR DONG-HUA YANGADMINISTRATIVE DEAN
Officer
40$91,459$0
MS LOIS BECKERMANTRUSTEE, CHAIRMAN
Trustee or director, Officer
1$0$0
MS CAROLE ROBLE CPATRUSTEE, VICE CHAIR
Trustee or director, Officer
1$0$0
DR JAMES BARETRUSTEE
Trustee or director
1$0$0
MR LAWRENCE JONESTRUSTEE
Trustee or director
1$0$0
MR STEVE LEGUMTRUSTEE
Trustee or director
1$0$0
DR SUN F PEITRUSTEE
Trustee or director
1$0$0
DR ARNOLD STERNTRUSTEE
Trustee or director
1$0$0
DR LIBANG ZHANGTRUSTEE
Trustee or director
1$0$0
MS SAWANEE KHONGSAWATWAJA MSTRUSTEE
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
Return prepared by
SIKICH LLC

Mission

TO OFFER POSTSECONDARY EDUCATION IN ACUPUNCTURE AND CHINESE HERBAL MEDICINE

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,678,469$3,168,156$6,876,280XML
990December 2023$3,029,637$3,191,466$7,927,311XML
990December 2022$2,990,222$3,269,422$8,683,019IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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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