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Nonprofit · EIN 13-2676570

TOURO UNIVERSITY

Tax-exempt · NEW YORK, NY 10036

Financials

$367.3M$364.9M2022$382.7M$393.5M2023$495.8M$436.3M2024
Revenue Expenses · by fiscal year end
Financials of TOURO UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$495,829,313$436,289,822$59,539,491$966,577,261$624,409,840$342,167,421
June 30, 2024990$382,656,910$393,548,522-$10,891,612$867,124,817$595,373,127$271,751,690
June 30, 2023990$367,265,660$364,898,280$2,367,380$789,718,250$518,050,685$271,667,565
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$16,157,053
of which government grants
$6,381,694
Program service revenue
$390,265,736
Investment income
$5,308,840
Net gain from sales of assets
$475,841
Net income from fundraising events
-$3,161
Other revenue
$84,097,684

Expenses

Grants and similar amounts paid
$39,487,785
Compensation of officers, directors and key employees
$5,638,063
Other salaries and wages
$183,717,690
Salaries, compensation and benefits (total)
$239,370,779
Professional fundraising fees
$0
Legal fees
$3,033,111
Accounting fees
$1,046,766
Occupancy
$57,898,775
Travel
$2,779,074
Depreciation
$18,130,150
Program services (functional)
$394,991,159
Management and general (functional)
$34,475,185
Fundraising (functional)
$6,823,478

Balance sheet and other

Total assets, start of year
$867,124,817
Total assets, end of year
$966,577,261
Total liabilities, end of year
$624,409,840
Net assets, end of year
$342,167,421
Land, buildings and equipment
$354,995,756
Publicly traded securities
$170,872,591
Net assets without donor restrictions
$300,610,298
Net assets with donor restrictions
$41,557,123
Gross receipts
$525,949,302
Employees
3,722
Volunteers
350
Year formed
1970
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALAN KADISHPRESIDENT, CEO AND TRUSTEE
Trustee or director, Officer
18.8$1,112,164$0$249,801
SALOMON AMARSR VP FOR RESEARCH AFFAIRS
Officer
19$394,038$212,970$115,083
PATRICIA SALKINPROVOST AND SVP ACADEMIC AFFAIRS
Officer
30.5$513,934$0$114,985
KENNETH STEIEREXECUTIVE DEAN, PROFESSOR
Key employee
35$528,065$0$54,700
RABBI DANIEL LANDERTRUSTEE AND CHANCELLOR
Trustee or director, Officer
3$136,272$172,863$214,156
MOSHE KRUPKAEXECUTIVE VP
Officer
18$376,987$0$143,157
MELVIN NESSSENIOR VP, CFO
Officer
25.9$490,503$0$17,773
JEFFREY ROSENGARTENSENIOR VP OF OPER. & ADMIN.
Officer
29$427,376$0$17,898
ELIZABETH A PALMAROZZIDEAN, TOURO COL. OSTEO. MED. MONTANA
Highest-paid employee
35$427,026$0$10,591
MICHAEL NEWMANSECRETARY, SR. VP AND GEN COUNSEL
Officer
18.9$381,758$0$41,970
RONNIE MYERSDEAN, DENTAL SCHOOL
Key employee
35$383,325$0$37,139
MATTHEW BONILLAVP OF STUDENT SERVICES
Highest-paid employee
21$333,033$0$47,831
ELENA LANGANDEAN, LAW SCHOOL
Key employee
34.5$350,974$0$29,880
MARIAN STOLTZ-LOIKEVP AND DEAN LCW
Highest-paid employee
35$332,991$0$29,956
JUDAH WEINBERGERVP OF COLLABORATIVE MEDICNE
Highest-paid employee
35$338,974$0$12,172
27 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOSEPH TOMMASINOVP OF PA PROGRAMS
Highest-paid employee
35$304,798$0$7,059
HENRY COHENDEAN, PHARMACY
Key employee
35$256,484$0$51,129
STEVEN LORENZETDEAN, SCHOOL OF HEALTH SCIENCES
Key employee
35$230,409$0$49,514
RABBI MENACHEM GENACKTRUSTEE AND FACULTY
Trustee or director
31$58,994$58,994$153
ZVI RYZMANCHAIR OF THE BOARD OF TRUSTEES
Trustee or director
2.8$0$0$0
ABRAHAM BIDERMANTRUSTEE
Trustee or director
0.7$0$0$0
SHMUEL BRAUNTRUSTEE
Trustee or director
0.7$0$0$0
BEN CHOUAKETRUSTEE
Trustee or director
0.2$0$0$0
ALLEN FAGINTRUSTEE
Trustee or director
0.7$0$0$0
HOWARD FRIEDMANTRUSTEE
Trustee or director
0.7$0$0$0
ZAHAVA FRIEDMANTRUSTEE
Trustee or director
0.7$0$0$0
GILLES GADETRUSTEE
Trustee or director
0.7$0$0$0
SOLOMON GOLDFINGERTRUSTEE
Trustee or director
0.7$0$0$0
DEBRA HARTMANTRUSTEE
Trustee or director
0.6$0$0$0
ABRAHAM GUTNICKITRUSTEE
Trustee or director
0.8$0$0$0
JUDY HASTEN KAYETRUSTEE
Trustee or director
0.7$0$0$0
DAVID LICHTENSTEINTRUSTEE
Trustee or director
0.6$0$0$0
MARTIN OLINERTRUSTEE
Trustee or director
0.3$0$0$0
LAWRENCE PLATTTRUSTEE
Trustee or director
0.7$0$0$0
MARGARET RETTERTRUSTEE
Trustee or director
0.7$0$0$0
STEPHEN ROSENBERGTRUSTEE
Trustee or director
0.6$0$0$0
ISRAEL SENDROVICTRUSTEE
Trustee or director
0.7$0$0$0
GARY TORGOWTRUSTEE
Trustee or director
0.7$0$0$0
JACK WEINREBTRUSTEE
Trustee or director
0.7$0$0$0
BRIAN LEVINSONTRUSTEE
Trustee or director
0.7$0$0$0
RABBI SHABSAI WOLFETRUSTEE
Trustee or director
0.7$0$0$0
STEVEN ZULLERTRUSTEE
Trustee or director
0.7$0$0$0
990 for the year ended June 30, 2024: 43 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALAN KADISHPRESIDENT, CEO AND TRUSTEE
Trustee or director, Officer
18.9$1,064,178$0$271,255
SALOMON AMARSR VP FOR RESEARCH AFFAIRS
Officer
19$417,323$200,729$135,411
PATRICIA SALKINPROVOST GRAD AND PROF SCHOOLS
Officer
34.5$454,701$0$112,507
KENNETH STEIEREXECUTIVE DEAN, PROFESSOR
Key employee
35$505,400$0$51,091
MOSHE KRUPKAEXECUTIVE VP
Officer
24$336,383$0$132,522
RABBI DANIEL LANDERTRUSTEE AND CHANCELLOR
Trustee or director, Officer
3$106,740$164,433$197,346
EDWARD F FARKAS END 1223VICE DEAN, TOURO DENTAL SCHOOL
Highest-paid employee
35$428,774$0$29,019
MELVIN NESSSENIOR VP, CFO
Officer
30.9$440,502$0$17,223
ELIZABETH A PALMAROZZIDEAN, TOURO COLL. OSTEO. MED. MONTAN
Highest-paid employee
35$402,878$0$9,624
JEFFREY ROSENGARTENSENIOR VP OF OPER. & ADMIN.
Officer
31$392,007$0$17,429
RONNIE MYERSDEAN, DENTAL SCHOOL
Key employee
35$369,796$0$36,814
ELENA LANGANDEAN, LAW SCHOOL
Key employee
34.5$359,469$0$28,483
MICHAEL NEWMANSECRETARY, SR. VP AND GEN COUNSEL
Officer
18.9$343,354$0$39,504
MARIAN STOLTZ-LOIKEVP, ONLINE EDUCATION
Highest-paid employee
35$343,754$0$28,970
MATTHEW BONILLAVP OF STUDENT SERVICES
Highest-paid employee
29$300,777$0$44,353
JUDAH WEINBERGERVP OF COLLABORATIVE MEDICNE
Highest-paid employee
35$298,034$0$15,651
HENRY COHENDEAN, PHARMACY SCHOOL
Key employee
35$256,965$0$48,358
STEVEN LORENZETDEAN, SCHOOL OF HEALTH SCIENCES
Key employee
35$225,446$0$40,194
LOUIS PRIMAVERAFORMER DEAN, SCH. OF HEALTH SCIENCES
Former
35$131,366$0$7,185
RABBI MENACHEM GENACKTRUSTEE AND FACULTY
Trustee or director
32.8$29,103$57,625$232
ABRAHAM BIDERMANTRUSTEE
Trustee or director
0.8$0$0$0
SHMUEL BRAUNTRUSTEE
Trustee or director
0.8$0$0$0
BEN CHOUAKETRUSTEE
Trustee or director
0.3$0$0$0
ALLEN FAGINTRUSTEE
Trustee or director
0.8$0$0$0
ZAHAVA FRIEDMANTRUSTEE
Trustee or director
0.8$0$0$0
HOWARD FRIEDMANTRUSTEE
Trustee or director
0.8$0$0$0
GILLES GADETRUSTEE
Trustee or director
0.8$0$0$0
SOLOMON GOLDFINGERTRUSTEE
Trustee or director
0.8$0$0$0
ABRAHAM GUTNICKITRUSTEE
Trustee or director
0.8$0$0$0
DEBRA HARTMANTRUSTEE
Trustee or director
0.8$0$0$0
JUDY HASTEN KAYETRUSTEE
Trustee or director
0.8$0$0$0
DAVID LICHTENSTEINTRUSTEE
Trustee or director
0.7$0$0$0
MARTIN OLINERTRUSTEE
Trustee or director
0.4$0$0$0
LAWRENCE PLATTTRUSTEE
Trustee or director
0.8$0$0$0
MARGARET RETTERTRUSTEE
Trustee or director
0.8$0$0$0
STEPHEN ROSENBERGTRUSTEE
Trustee or director
0.7$0$0$0
ZVI RYZMANCHAIR OF THE BOARD OF TRUSTEES
Trustee or director
2$0$0$0
ISRAEL SENDROVICTRUSTEE
Trustee or director
0.8$0$0$0
GARY TORGOWTRUSTEE
Trustee or director
0.8$0$0$0
JACK WEINREBTRUSTEE
Trustee or director
0.8$0$0$0
BRIAN LEVINSONTRUSTEE
Trustee or director
0.8$0$0$0
RABBI SHABSAI WOLFETRUSTEE
Trustee or director
0.8$0$0$0
STEVEN ZULLERTRUSTEE
Trustee or director
0.8$0$0$0
990 for the year ended June 30, 2023: 52 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALAN KADISHPRESIDENT,CEO AND TRUSTEE
Trustee or director, Officer
18$1,044,121$0$268,885
SALOMON AMARSR VP FOR RESEARCH AFFAIRS
Key employee
19$372,225$189,605$107,765
PATRICIA SALKINPROVOST GRAD AND PROF SCHOOLS
Officer
31.5$431,285$0$116,505
KENNETH STEIEREXECUTIVE DEAN, PROFESSOR
Key employee
35$491,015$0$49,191
RABBI DANIEL LANDERTRUSTEE AND CHANCELLOR
Trustee or director, Officer
3$103,364$179,327$193,208
MOSHE KRUPKAEXECUTIVE VP
Officer
28$300,764$0$142,182
MELVIN NESSSENIOR VP, CFO
Officer
30.9$417,118$0$16,540
EDWARD F FARKASVICE DEAN, TOURO DENTAL SCHOOL
Highest-paid employee
35$372,443$0$42,824
RONNIE MYERSDEAN, DENTAL SCHOOL
Key employee
35$369,696$0$37,326
ELIZABETH A PALMAROZZIDEAN, TOURO COLL. OSTEO. MED. MONTANA
Highest-paid employee
35$356,350$0$10,435
MICHAEL NEWMANSECRETARY, SR. VP AND GEN COUNSEL
Officer
20$328,491$0$38,130
ELENA LANGANDEAN, LAW SCHOOL
Key employee
34.5$338,036$0$28,129
HENRY COHENDEAN, PHARMACY SCHOOL
Key employee
35$261,457$0$99,822
JEFFREY ROSENGARTENSENIOR VP OF OPER. & ADMIN.
Officer
29$337,090$0$16,790
MATTHEW BONILLAVP OF STUDENT SERVICES - END 6/18
Former
21$287,618$0$42,824
BARBARA CAPOZZICLINICAL DEAN TOUROCOM
Highest-paid employee
35$281,886$0$24,973
MARIAN STOLTZ-LOIKEVP, ONLINE EDUCATION - END 6/18
Former
35$274,859$0$26,525
FRANKLIN STEENVP OF TECHNOLOGY - END 6/18
Former
29$254,077$0$35,183
JOSEPH TOMMASINOVP PA PROGRAM OPERATIONS
Highest-paid employee
35$281,054$0$8,105
JUDAH WEINBERGERVP OF COLLABORATIVE MED. - END 6/18
Former
35$273,065$0$15,145
HAROLD ABRAMSONPROFESSOR OF LAW
Highest-paid employee
35$261,906$0$23,235
NADIA GRAFFVP GRAD & PROF STUDIES - END 6/18
Former
35$247,217$0$13,562
ROBERT GOLDSCHMIDTVP PLANNING & ASSESSMENT - END 6/18
Former
35$180,765$0$48,179
LOUIS PRIMAVERADEAN, SCHOOL OF HEALTH SCIENCES
Key employee
35$209,448$0$11,702
STANLEY BOYLANVP OF UNDERGRADUATE ED. - END 6/18
Former
35$153,653$0$44,523
RICHARD BRAUNSTEINVP, DEPUTY GEN. COUNSEL - END 6/18
Former
24.9$187,594$0$9,961
ALAN CINERVICE PRESIDENT - END 6/18
Former
35$134,089$0$59,278
ISRAEL SINGERVICE PRESIDENT
Former
35$128,307$0$17,145
RABBI MENACHEM GENACKTRUSTEE AND FACULTY
Trustee or director
31$28,069$56,577$3,230
ABRAHAM BIDERMANTRUSTEE
Trustee or director
0.8$0$0$0
SHMUEL BRAUNTRUSTEE
Trustee or director
0.8$0$0$0
BEN CHOUAKETRUSTEE
Trustee or director
0.4$0$0$0
ALLEN FAGINTRUSTEE
Trustee or director
0.8$0$0$0
ZAHAVA FRIEDMANTRUSTEE
Trustee or director
0.8$0$0$0
HOWARD FRIEDMANTRUSTEE
Trustee or director
0.8$0$0$0
GILLES GADETRUSTEE
Trustee or director
0.8$0$0$0
SOLOMON GOLDFINGERTRUSTEE
Trustee or director
0.8$0$0$0
ABRAHAM GUTNICKITRUSTEE
Trustee or director
0.8$0$0$0
DEBRA HARTMANTRUSTEE
Trustee or director
0.8$0$0$0
JUDY HASTEN KAYETRUSTEE
Trustee or director
0.8$0$0$0
DAVID LICHTENSTEINTRUSTEE
Trustee or director
0.7$0$0$0
MARTIN OLINERTRUSTEE
Trustee or director
0.43$0$0$0
LAWRENCE PLATTTRUSTEE
Trustee or director
0.8$0$0$0
MARGARET RETTERTRUSTEE
Trustee or director
0.8$0$0$0
STEPHEN ROSENBERGTRUSTEE
Trustee or director
0.7$0$0$0
ZVI RYZMANCHAIRMAN AND TRUSTEE
Trustee or director
2$0$0$0
ISRAEL SENDROVICTRUSTEE
Trustee or director
0.8$0$0$0
GARY TORGOWTRUSTEE
Trustee or director
0.8$0$0$0
JACK WEINREBTRUSTEE
Trustee or director
0.8$0$0$0
BRIAN LEVINSONTRUSTEE
Trustee or director
0.8$0$0$0
RABBI SHABSAI WOLFETRUSTEE
Trustee or director
0.8$0$0$0
STEVEN ZULLERTRUSTEE
Trustee or director
0.8$0$0$0

Address and contacts

Address (IRS master file)
202 W 43RD ST, NEW YORK, NY 10036-3912
In care of
% STUART LIPPMAN CONTROLLER
Principal officer (990 for 2024)
MELVIN NESS, 202 WEST 43RD STREET, NEW YORK, NY 10036
Signed the 990
BENJAMIN LOWENTHAL, VP AND CFO
Phone
(646) 565-6000
Return prepared by
KPMG LLP

Mission

THE UNIVERSITY'S PRIMARY PURPOSE IS TO PROVIDE AN INDEPENDENT INSTITUTION OF HIGHER AND PROFESSIONAL EDUCATION. (SEE SCHEDULE O)

990 for the year ended June 30, 2025

Program accomplishments

  • ACADEMIC SUPPORT: TOURO UNIVERSITY PROVIDED EDUCATION, PRIMARILY IN THE NEW YORK CITY METROPOLITAN AREA, TO APPROXIMATELY 13,000 UNDERGRADUATE, GRADUATE AND PROFESSIONAL STUDENTS DURING THE FISCAL YEAR IN VARIOUS FIELDS OF STUDY, INCLUDING LAW, MEDICINE, DENTISTRY AND OTHER HEALTHCARE FIELDS, GRANTING THE FOLLOWING ACADEMIC DEGREES: UNDERGRADUATE (1,433); GRADUATE (1,724); FIRST PROFESSIONAL (651).
    Expenses $394,991,159 · grants $39,487,785 · revenue $416,573,581

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
13-2676570
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
1970
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$966,577,261
Income (IRS master file)
$525,949,302

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$495,829,313$436,289,822$966,577,261IRS
990-TJune 2025–––IRS
990June 2024$382,656,910$393,548,522$867,124,817IRS
990-TJune 2024–––IRS
990June 2023$367,265,660$364,898,280$789,718,250XML
990-TJune 2023–––IRS
990June 2022$366,981,680$338,426,342$635,568,215IRS
990-TJune 2022–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 13-2676570).

Questions about TOURO UNIVERSITY

What is the EIN of TOURO UNIVERSITY?
The employer identification number (EIN) of TOURO UNIVERSITY is 13-2676570.
Is TOURO UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
Are donations to TOURO UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TOURO UNIVERSITY 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 TOURO UNIVERSITY 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 TOURO UNIVERSITY 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 TOURO UNIVERSITY?
The 990 for the year ended June 30, 2025 names MELVIN NESS.
Who are the officers and directors of TOURO UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 42 people; 19 received compensation from the organization, the highest $1,112,164 (ALAN KADISH, PRESIDENT, CEO AND TRUSTEE).
How much revenue does TOURO UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $495,829,313, expenses of $436,289,822 and total assets of $966,577,261 at year end.

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