Nonprofit · EIN 13-1099420
NEW YORK MEDICAL COLLEGE
Also known as GEORGE F NESTLER
Tax-exempt · VALHALLA, NY 10595
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $135,727,120 | $128,116,956 | $7,610,164 | $340,924,554 | $128,851,712 | $212,072,842 |
| June 30, 2024 | 990 | $123,829,598 | $122,521,296 | $1,308,302 | $329,550,377 | $129,158,630 | $200,391,747 |
| June 30, 2023 | 990 | $117,885,144 | $121,304,491 | -$3,419,347 | $328,446,597 | $138,677,890 | $189,768,707 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,133,707
- of which government grants
- $240,162
- Program service revenue
- $113,118,655
- Investment income
- $6,832,354
- Net rental income
- $4,191,274
- Net gain from sales of assets
- $4,054,105
- Net income from fundraising events
- -$196,113
- Other revenue
- $6,642,404
Expenses
- Grants and similar amounts paid
- $10,230,133
- Compensation of officers, directors and key employees
- $3,267,098
- Other salaries and wages
- $58,392,767
- Salaries, compensation and benefits (total)
- $77,042,120
- Professional fundraising fees
- $137,060
- Legal fees
- $481,949
- Accounting fees
- $417,376
- Occupancy
- $10,588,151
- Travel
- $622,844
- Depreciation
- $9,384,871
- Program services (functional)
- $96,851,512
- Management and general (functional)
- $29,730,642
- Fundraising (functional)
- $1,534,802
Balance sheet and other
- Total assets, start of year
- $329,550,377
- Total assets, end of year
- $340,924,554
- Total liabilities, end of year
- $128,851,712
- Net assets, end of year
- $212,072,842
- Land, buildings and equipment
- $182,680,421
- Publicly traded securities
- $78,863,227
- Net assets without donor restrictions
- $124,096,135
- Net assets with donor restrictions
- $87,976,707
- Gross unrelated business income
- $2,497,452
- Gross receipts
- $159,190,881
- Employees
- 1,024
- Volunteers
- 1,574
- Year formed
- 1860
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ALAN KADISH | PRESIDENT AND TRUSTEE Trustee or director, Officer | 10.8 | $0 | $1,112,164 | $249,801 |
| MITCHELL S CAIRO | PROFESSOR Highest-paid employee | 35 | $951,280 | $0 | $69,794 |
| EDWARD C HALPERIN | CHANCELLOR OF HEALTH AFF & CEO Officer | 34.8 | $700,132 | $0 | $72,639 |
| SALOMON AMAR | SVP FOR RESEARCH AFFAIRS Key employee | 11.9 | $212,970 | $394,038 | $115,083 |
| NEIL SCHLUGER | DEAN SOM Officer | 35 | $649,404 | $0 | $17,512 |
| DAVID S MARKENSON | SR. ASSOCIATE DEAN FOR RESEARCH,SHSP Highest-paid employee | 35 | $407,146 | $0 | $74,354 |
| ROBERT W AMLER | DEAN SHSP Officer | 34.8 | $425,220 | $0 | $49,578 |
| NICHOLAS JANIGA | VP, CHIEF COUNSEL & ASST SECRETARY Officer | 34.9 | $355,397 | $0 | $82,122 |
| MICHAEL NEWMAN | SEC., SR. VP AND GEN. COUNSEL Officer | 5 | $0 | $381,759 | $41,970 |
| LORI SOLOMON | CHAIR OF FAMILY & COMMUNITY MEDICINE Highest-paid employee | 5 | $311,111 | $0 | $86,364 |
| MICHAL LANIADO SCHWARTZMAN | PROFESSOR Highest-paid employee | 35 | $318,285 | $0 | $75,280 |
| JANE PONTERIO | DEAN OF STUDENTS Highest-paid employee | 35 | $321,592 | $0 | $36,135 |
| MARINA HOLZ | DEAN GSBMS Officer | 35 | $334,895 | $0 | $18,136 |
| ADAM HAMMERMAN | VICE PRESIDENT & CFO Officer | 35 | $308,189 | $0 | $44,497 |
| RABBI MENACHEM GENACK | TRUSTEE Trustee or director | 0.2 | $0 | $58,994 | $153 |
24 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT ALTER | TRUSTEE Trustee or director | 0.8 | $0 |
| GARY BARNETT | TRUSTEE Trustee or director | 0.1 | $0 |
| HOWARD BARUCH | TRUSTEE Trustee or director | 0.4 | $0 |
| BEN CHOUAKE | TRUSTEE Trustee or director | 0.4 | $0 |
| DEE DELBELLO END 123124 | TRUSTEE Trustee or director | 0.1 | $0 |
| GARY GETTENBERG | TRUSTEE Trustee or director | 0.1 | $0 |
| MUNR KAZMIR | TRUSTEE Trustee or director | 0.1 | $0 |
| MOSHE LICHTENSTEIN | TRUSTEE Trustee or director | 0.5 | $0 |
| RUBEN MEDINA | TRUSTEE Trustee or director | 0.2 | $0 |
| JOSEPH MARK | CHAIRMAN & TRUSTEE Trustee or director, Officer | 0.7 | $0 |
| LAWRENCE NESHIWAT | TRUSTEE Trustee or director | 0.1 | $0 |
| STEPHEN J NICHOLAS | TRUSTEE Trustee or director | 0.1 | $0 |
| MARTIN OLINER | TRUSTEE Trustee or director | 0.3 | $0 |
| ELIOT PEYSER | TRUSTEE Trustee or director | 0.2 | $0 |
| RONALD F POE | TRUSTEE Trustee or director | 0.8 | $0 |
| JOSEPH POPACK | TRUSTEE Trustee or director | 0.2 | $0 |
| AMMIR RABADI | TRUSTEE Trustee or director | 0.1 | $0 |
| AVI RETTER | TRUSTEE Trustee or director | 0.1 | $0 |
| STEPHEN ROSENBERG | TRUSTEE Trustee or director | 0.1 | $0 |
| ALAN B ROSENTHAL | TRUSTEE Trustee or director | 0.1 | $0 |
| HENRY SAPHIER | TRUSTEE Trustee or director | 0.3 | $0 |
| JOSEPH SCHWARTZ | VICE CHAIR & TRUSTEE Trustee or director | 0.3 | $0 |
| RABBI R SINHA END 112924 | TRUSTEE Trustee or director | 0.1 | $0 |
| KENNETH R THEOBALDS | TRUSTEE Trustee or director | 0.3 | $0 |
990 for the year ended June 30, 2024: 40 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ALAN KADISH | PRESIDENT, CEO AND TRUSTEE Trustee or director, Officer | 10.8 | $0 | $1,064,178 | $271,255 |
| SALOMON AMAR | SVP FOR RESEARCH AFFAIRS Key employee | 15.9 | $200,729 | $417,323 | $135,411 |
| EDWARD C HALPERIN | CHANCELLOR OF HEALTH AFF & CEO Officer | 34.8 | $658,482 | $0 | $67,643 |
| MITCHELL S CAIRO | PROFESSOR Highest-paid employee | 35 | $518,825 | $0 | $65,798 |
| ROBERT W AMLER | DEAN SHSP Officer | 34.8 | $436,705 | $0 | $44,838 |
| DAVID S MARKENSON | PROFESSOR Highest-paid employee | 35 | $388,882 | $0 | $66,542 |
| NICHOLAS JANIGA | VP, CHIEF COUNSEL & ASST SEC. Officer | 34.9 | $345,982 | $0 | $77,470 |
| MICHAEL NEWMAN | SECRETARY, SR. VP AND GEN COUNSEL Officer | 5 | $0 | $343,354 | $39,504 |
| MICHAL LANIADO SCHWARTZMAN | PROFESSOR Highest-paid employee | 35 | $304,075 | $0 | $72,520 |
| LORI SOLOMON | CHAIR OF FAMILY & COMMUNITY MEDICINE Highest-paid employee | 5 | $293,069 | $0 | $76,865 |
| JANE PONTERIO | SENIOR ASSOCIATE DEAN Highest-paid employee | 35 | $309,981 | $0 | $34,251 |
| MARINA HOLZ | DEAN GSBMS Officer | 35 | $317,374 | $0 | $23,853 |
| ADAM HAMMERMAN | VICE PRESIDENT & CFO Officer | 35 | $296,413 | $0 | $42,480 |
| NEIL SCHLUGER | DEAN SOM - BEG. 12/19/23 Officer | 35 | $253,794 | $0 | $1,774 |
| JERRY L NADLER | FORMER DEAN SOM - END 2/24/23 Former | 34.9 | $173,821 | $0 | $8,115 |
| RABBI MENACHEM GENACK | TRUSTEE Trustee or director | 0.2 | $0 | $86,728 | $232 |
| ROBERT ALTER | TRUSTEE Trustee or director | 0.8 | $0 | $0 | $0 |
| GARY BARNETT | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| HOWARD BARUCH | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| BEN CHOUAKE | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| DEE DELBELLO | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| GARY GETTENBERG | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| MUNR KAZMIR | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| MOSHE LICHTENSTEIN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| RUBEN MEDINA | TRUSTEE - BEG. 03/2024 Trustee or director | 0.2 | $0 | $0 | $0 |
| JOSEPH MARK | CHAIRMAN & TRUSTEE Trustee or director, Officer | 0.7 | $0 | $0 | $0 |
| LAWRENCE NESHIWAT | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| STEPHEN J NICHOLAS | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| MARTIN OLINER | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| ELIOT PEYSER | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| RONALD F POE | TRUSTEE Trustee or director | 0.8 | $0 | $0 | $0 |
| JOSEPH POPACK | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| AMMIR RABADI | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| AVI RETTER | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| STEPHEN ROSENBERG | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| ALAN B ROSENTHAL | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| HENRY SAPHIER | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| JOSEPH SCHWARTZ | VICE CHAIR & TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| RABBI R SINHA | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| KENNETH R THEOBALDS | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 38 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ALAN KADISH | PRESIDENT, CEO AND TRUSTEE Trustee or director, Officer | 11.7 | $0 | $1,044,121 | $268,885 |
| JERRY L NADLER | DEAN OF THE SOM - END 2/24/23 Officer | 34.9 | $666,697 | $0 | $46,053 |
| EDWARD C HALPERIN | CHANCELLOR & CEO Officer | 34.8 | $628,684 | $0 | $61,549 |
| SALOMON AMAR | VP FOR RESEARCH AFFIARS Key employee | 15.9 | $189,605 | $372,225 | $107,765 |
| MITCHELL S CAIRO | PROFESSOR Highest-paid employee | 35 | $533,921 | $0 | $60,464 |
| ROBERT W AMLER | DEAN SHSP Officer | 34.9 | $415,414 | $0 | $32,440 |
| MICHAEL S GOLIGORSKY | PROFESSOR Highest-paid employee | 35 | $322,849 | $0 | $64,702 |
| NICHOLAS JANIGA | VP, CHIEF COUNSEL & ASST SEC Officer | 34.9 | $303,646 | $0 | $72,463 |
| MICHAEL NEWMAN | SECRETARY, SR. VP AND GEN COUNSEL Officer | 3.9 | $0 | $328,491 | $38,130 |
| LORI SOLOMON | CHAIR OF FAMILY & COMMUNITY MEDICINE Highest-paid employee | 14 | $294,086 | $0 | $72,304 |
| ADAM HAMMERMAN | VICE PRESIDENT & CFO Officer | 35 | $284,655 | $0 | $56,210 |
| GERARD M VILLUCCI | ADMINISTRATOR Highest-paid employee | 35 | $307,028 | $0 | $32,471 |
| JANE PONTERIO | SENIOR ASSOICATE DEAN Highest-paid employee | 35 | $303,068 | $0 | $33,200 |
| MARINA HOLZ | DEAN GSBMS Officer | 35 | $309,885 | $0 | $16,925 |
| RABBI MENACHEM GENACK | TRUSTEE Trustee or director | 0.19 | $0 | $84,646 | $3,230 |
| ROBERT ALTER | TRUSTEE Trustee or director | 0.8 | $0 | $0 | $0 |
| GARY BARNETT | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| HOWARD BARUCH | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| BEN CHOUAKE | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| DEE DELBELLO | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| GARY GETTENBERG | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| MUNR KAZMIR | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| MOSHE LICHTENSTEIN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| JOSEPH MARK | CHAIRMAN & TRUSTEE Trustee or director, Officer | 0.7 | $0 | $0 | $0 |
| LAWRENCE NESHIWAT | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| STEPHEN J NICHOLAS | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| MARTIN OLINER | TRUSTEE Trustee or director | 0.27 | $0 | $0 | $0 |
| ELIOT PEYSER | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| RONALD F POE | TRUSTEE Trustee or director | 0.85 | $0 | $0 | $0 |
| JOSEPH POPACK | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| AMMIR RABADI | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| AVI RETTER | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| STEPHEN ROSENBERG | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| ALAN B ROSENTHAL | TRUSTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| HENRY SAPHIER | TRUSTEE Trustee or director | 0.4 | $0 | $0 | $0 |
| JOSEPH SCHWARTZ | VICE CHAIR & TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| KENNETH R THEOBALDS | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| RABI R SINHA | TRUSTEE - BEG 9/14/22 Trustee or director | 0.19 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 40 SUNSHINE COTTAGE RD, VALHALLA, NY 10595-1524
- In care of
- % ADAM HAMMERMAN
- Principal officer (990 for 2024)
- ADAM HAMMERMAN, 40 SUNSHINE COTTAGE RD, VALHALLA, NY 10595
- Signed the 990
- ADAM HAMMERMAN, VICE PRESIDENT AND CFO
- Phone
- (914) 594-4470
- Website
- WWW.NYMC.EDU
- Return prepared by
- KPMG LLP
Mission
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).
Program accomplishments
- PROFESSIONAL EDUCATION: EDUCATE INDIVIDUALS FOR CAREERS IN MEDICAL, SCIENCE AND HEALTH PROFESSIONS.Expenses $81,568,280 · grants $10,230,133 · revenue $98,824,190
- 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.Expenses $12,232,000 · revenue $10,924,472
- AUXILIARY: CAMPUS SERVICES (HOUSING AND DINING) PROVIDED TO THE STUDENTS AND THE NYMC COMMUNITY TO LIVE AND FUNCTION ON CAMPUS.Expenses $3,051,232 · revenue $5,870,552
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-1099420
- 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
- 1940
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $340,924,554
- Income (IRS master file)
- $159,190,881
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $135,727,120 | $128,116,956 | $340,924,554 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $123,829,598 | $122,521,296 | $329,550,377 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $117,885,144 | $121,304,491 | $328,446,597 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $123,647,564 | $113,997,877 | $333,105,547 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 13-1099420).
Questions about NEW YORK MEDICAL COLLEGE
- What is the EIN of NEW YORK MEDICAL COLLEGE?
- The employer identification number (EIN) of NEW YORK MEDICAL COLLEGE is 13-1099420.
- Is NEW YORK MEDICAL COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1940.
- Are donations to NEW YORK MEDICAL COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW YORK MEDICAL COLLEGE 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 MEDICAL COLLEGE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW YORK MEDICAL COLLEGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW YORK MEDICAL COLLEGE?
- The 990 for the year ended June 30, 2025 names ADAM HAMMERMAN.
- Who are the officers and directors of NEW YORK MEDICAL COLLEGE?
- The 990 for the year ended June 30, 2025 lists 39 people; 12 received compensation from the organization.
- How much revenue does NEW YORK MEDICAL COLLEGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $135,727,120, expenses of $128,116,956 and total assets of $340,924,554 at year end.
Other nonprofits in VALHALLA
- WMC-NEW YORK INC EIN 13-4107864 · last filed 990 for 2024
- BLYTHEDALE CHILDRENS HOSPITAL EIN 13-1739922 · last filed 990 for 2024
- CARDINAL MCCLOSKEY SCHOOL & HOME FOR CHILDREN INC EIN 13-1740443 · last filed 990 for 2025
- KENSICO CEMETERY EIN 13-1715053 · last filed 990 for 2024
- WESTCHESTER INSTITUTE FOR HUMAN DEVELOPMENT EIN 20-0738248 · last filed 990 for 2025
- ACADEMY OF MANAGEMENT INC EIN 13-3916164 · last filed 990 for 2024
- SEARCH FOR CHANGE INC EIN 13-2893548 · last filed 990 for 2025
- WESTCHESTER MEDICAL CENTER FOUNDATION INC EIN 13-4095845 · last filed 990 for 2024