Nonprofit · EIN 13-3903957
NEW YORK INSTITUTE OF ENGLISH AND BUSINESS INC
Also known as INSTITUTE OF BUSINESS TECHNOLOGY
Tax-exempt · NEW YORK, NY 10001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,932,032 | $1,923,368 | $8,664 | $2,922,265 | $2,310,404 | $611,861 |
| June 30, 2023 | 990 | $1,815,545 | $1,800,322 | $15,223 | $3,386,372 | $2,795,151 | $591,221 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,932,032
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $178,219
- Other salaries and wages
- $835,618
- Salaries, compensation and benefits (total)
- $1,138,589
- Professional fundraising fees
- $0
- Legal fees
- $11,248
- Accounting fees
- $9,000
- Occupancy
- $512,697
- Depreciation
- $23,859
- Program services (functional)
- $1,416,868
- Management and general (functional)
- $506,500
Balance sheet and other
- Total assets, start of year
- $3,205,080
- Total assets, end of year
- $2,922,265
- Total liabilities, end of year
- $2,310,404
- Net assets, end of year
- $611,861
- Land, buildings and equipment
- $57,897
- Net assets without donor restrictions
- $611,861
- Gross receipts
- $1,932,032
- Employees
- 34
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peter Kolaczko | President Trustee or director, Officer | 40 | $95,757 |
| Alfredo Abubo | CFO-Director Trustee or director, Officer | 40 | $82,462 |
| Annalorraine Barlaan | Director Trustee or director, Officer | 1 | $0 |
| Joshua Jayasingh | Director Trustee or director | 1 | $0 |
| Ihor Nemy | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peter Kolaczko | President - Director Trustee or director, Officer | 40 | $90,343 |
| Alfredo Abubo | CFO-Director Trustee or director, Officer | 40 | $85,316 |
| Annalorraine Barlaan | Director Trustee or director | 1 | $0 |
| Joshua Jayasingh | Director Trustee or director | 1 | $0 |
| Ihor Nemy | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 248 W 35TH ST FL 3, NEW YORK, NY 10001-2571
- In care of
- % ALFREDO ABUBO
- Principal officer (990 for 2024)
- Alfredo Abubo, 248 W 35th St Fl3, New York, NY 10001
- Signed the 990
- Alfredo Abubo, CFODirector
- Phone
- (212) 725-9400
- Website
- www.nyieb.edu
Mission
The mission of the Institute is to meed the needs of its diverse student body, to enrich and equip them with technical expertise and good academic foundation.
Program accomplishments
- Tuition revenues and expenditures in providing classes to students.Expenses $1,416,868 · revenue $1,932,032
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 | Check at the IRS |
IRS record
- EIN
- 13-3903957
- 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
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99I)
- Assets (IRS master file)
- $2,922,265
- Income (IRS master file)
- $1,932,032
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,932,032 | $1,923,368 | $2,922,265 | IRS |
| 990 | June 2023 | $1,815,545 | $1,800,322 | $3,386,372 | XML |
| 990 | June 2021 | – | – | – | 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 13-3903957).
Questions about NEW YORK INSTITUTE OF ENGLISH AND BUSINESS INC
- What is the EIN of NEW YORK INSTITUTE OF ENGLISH AND BUSINESS INC?
- The employer identification number (EIN) of NEW YORK INSTITUTE OF ENGLISH AND BUSINESS INC is 13-3903957.
- Is NEW YORK INSTITUTE OF ENGLISH AND BUSINESS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to NEW YORK INSTITUTE OF ENGLISH AND BUSINESS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW YORK INSTITUTE OF ENGLISH AND BUSINESS INC 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 INSTITUTE OF ENGLISH AND BUSINESS INC 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 INSTITUTE OF ENGLISH AND BUSINESS INC 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 INSTITUTE OF ENGLISH AND BUSINESS INC?
- The 990 for the year ended June 30, 2025 names Alfredo Abubo.
- Who are the officers and directors of NEW YORK INSTITUTE OF ENGLISH AND BUSINESS INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 2 received compensation from the organization, the highest $95,757 (Peter Kolaczko, President).
- How much revenue does NEW YORK INSTITUTE OF ENGLISH AND BUSINESS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,932,032, expenses of $1,923,368 and total assets of $2,922,265 at year end.
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