New York Medical College

New York Medical College Overview

New York Medical College is located in Valhalla, NY. The organization was established in 1940. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2020, New York Medical College employed 1,133 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, New York Medical College generated $119.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $119.9m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, New York Medical College has awarded 83 individual grants totaling $5,402,273. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

NEW YORK MEDICAL COLLEGE IS A HEALTH SCIENCES UNIVERSITY WHOSE PURPOSE IS TO EDUCATE PHYSICIANS, SCIENTISTS PUBLIC HEALTH SPECIALISTS AND OTHER HEALTHCARE PROFESSIONALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROFESSIONAL EDUCATION: EDUCATE INDIVIDUALS FOR CAREERS IN MEDICAL, SCIENCE AND HEALTH PROFESSIONS.


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.


AUXILIARY: CAMPUS SERVICES (HOUSING AND DINING) PROVIDED TO THE STUDENTS AND THE NYMC COMMUNITY TO LIVE AND FUNCTION ON CAMPUS.


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New York Medical College Vendors

Vendor Name (Service)Compensation
Pavarini North East Construction Co
Construction
$3,901,038
Able Services
Cleaning Service
$1,546,080
Elsevier Inc
Elevator
$791,072
Commercial Furniture Interiors Inc
Furniture
$504,926
Hi Link Computers Corp
Computers & Software
$444,853
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$317,934
Related organizations$0
Government grants $484,589
All other contributions, gifts, grants, and similar amounts not included above$2,653,924
Noncash contributions included in lines 1a–1f $32,442
Total Revenue from Contributions, Gifts, Grants & Similar$3,456,447
Total Program Service Revenue$108,584,600
Investment income $2,906,022
Tax Exempt Bond Proceeds $2,971
Royalties $0
Net Rental Income $1,584,257
Net Gain/Loss on Asset Sales $623,867
Net Income from Fundraising Events -$28,825
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $119,697,970

New York Medical College Grants Awarded

Over the last fiscal year, New York Medical College has awarded $1,247,630 in support to 18 organizations.

Grant RecipientAmount

OPEN DOOR FAMILY MEDICAL CENTER

Org PageRecipient Profile

Ossining, NY

PURPOSE: RESEARCH

$246,036

OREGON HEALTH AND SCIENCE UNIVERSITY

PURPOSE: RESEARCH

$198,012

UNIVERSITY OF TEXAS SOUTHWESTERN MED CENTER

PURPOSE: RESEARCH RESEARCH RESEARCH

$179,563

WESTCHESTER COUNTY HEALTH CARE CORP

PURPOSE: RESEARCH RESEARCH RESEARCH

$173,920

REGENTS UNIVERSITY OF MICHIGAN

Org PageRecipient Profile

Ann Arbor, MI

PURPOSE: RESEARCH RESEARCH RESEARCH

$147,801

AUGUSTA UNIVERSITY RESEARCH INSTITUTE INC

Org PageRecipient Profile

Augusta, GA

PURPOSE: RESEARCH

$52,356
View Grant Profile

New York Medical College Grants Recieved

Over the last fiscal year, we have identified 6 grants that New York Medical College has recieved totaling $18,800.

Awarding OrganizationAmount
Organization Name not Listed

PURPOSE: SCIENTIFIC RESEARCH

|

$7,500
Organization Name not Listed

PURPOSE: SCIENTIFIC RESEARCH

|

$7,500
Single Step Foundation

Paradise Valley, AZ

PURPOSE: EDUCATIONAL GRANT

$2,500
Jackson E And Evelyn G Spears Foundation Inc

New York, NY

PURPOSE: GENERAL FUND - FOR ANNUAL EXPENSES

$1,000
Fordan Family Foundation

Cedar Hill, TX

PURPOSE: WHITE COAT FUND

$150
Fordan Family Foundation

Cedar Hill, TX

PURPOSE: WHITE COAT FUND

$150
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$70,675,557
Earnings$1,593,773
Admin Expense$150,927
Net Contributions$52,194
Other Expense$3,380,799
Ending Balance$68,789,798

New York Medical College Peer Organizations

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