Northeast College Of Health Sciences
- Assets
- $84.6m
- Revenue
- $23.8m
- Investments
- $34.2m
- Employees
- 372
- Location
- Seneca Falls, NY
- Founding
- 10/1947
- Data as of
- 08/2022
- EIN
- 13-1916574
Organization Overview
Northeast College Of Health Sciences is located in Seneca Falls, NY. The organization was established in 1947. 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 08/2022, Northeast College Of Health Sciences employed 372 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast College Of Health Sciences is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Northeast College Of Health Sciences generated $23.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $21.2m during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NORTHEAST COLLEGE OF HEALTH SCIENCES IS COMMITTED TO ACADEMIC EXCELLENCE, LEADERSHIP, AND PROFESSIONAL BEST PRACTICES.
Describe the Organization's Program Activity:
SEE SCHEDULE ONORTHEAST COLLEGE, LOCATED IN SENECA FALLS, NY, IS A PRIVATE 501(C)(3), NOT-FOR-PROFIT EDUCATIONAL INSTITUTION ESTABLISHED IN 1919 THROUGH ABSOLUTE CHARTER FROM THE NEW YORK STATE BOARD OF REGENTS, OFFERING MULTIPLE ACADEMIC PROGRAMS AND HIGHLY DIVERSIFIED NATURAL HEALTHCARE INSTRUCTION.COURSEWORK AT NORTHEAST COLLEGE EMPHASIZES INTEGRATIVE, NATURAL, AND COLLABORATIVE HEALTHCARE APPROACHES OFFERED THROUGH ACCREDITED, DEGREE-GRANTING PROGRAMS AS FOLLOWS:-DOCTOR OF CHIROPRACTIC-MASTER OF SCIENCE IN APPLIED CLINICAL NUTRITION (100% ONLINE)-MASTER OF SCIENCE IN HUMAN ANATOMY AND PHYSIOLOGY INSTRUCTION (100% ONLINE)-MASTER OF SCIENCE IN DIAGNOSTIC IMAGING-MASTER OF SCIENCE IN CLINICAL ANATOMY-BACHELOR OF SCIENCE IN PROFESSIONAL STUDIESTHE COLLEGE'S MISSION ENCOURAGES THE ACHIEVEMENT OF ACADEMIC EXCELLENCE, LEADERSHIP AND PROFESSIONAL BEST PRACTICES.INTEGRATIVE HEALTHCARE EDUCATION:DURING THE TAX YEAR, NORTHEAST COLLEGE OPERATED THREE HEALTH CENTERS IN NEW YORK STATE (SENECA FALLS, BUFFALO, AND LONG ISLAND), PROVIDING NATURAL HEALTHCARE SERVICES IN AN INNOVATIVE MODEL FOR PATIENT CENTERED, INTEGRATIVE HEALTHCARE. STUDENTS ENGAGE IN CLINICAL ROTATIONS WITHIN SEVERAL HOSPITALS AND OTHER CONVENTIONAL HEALTHCARE SETTINGS, PROVIDING AN INTEGRATIVE EXPERIENCE THAT PREPARES THEM FOR THE HEALTH CARE MARKETPLACE. UNIQUE CLINICAL PARTNERSHIPS INCLUDE BOTH DEPARTMENT OF DEFENSE OPPORTUNITIES AND VETERANS HEALTH ADMINISTRATION HOSPITALS/HEALTH CENTERS. STUDENTS PROVIDE NATURAL HEALTHCARE SERVICES AT THE HEALTH CENTERS OF THE STATE UNIVERSITY OF NEW YORK SYSTEM AND OTHER HIGHER EDUCATION INSTITUTIONS. COMPLIMENTARY CARE IS ALSO PROVIDED AT VARIOUS NON-PROFIT AGENCIES AND LOCAL SPORTING EVENTS.FISCAL-YEAR EXEMPT PURPOSE ACHIEVEMENTS:THE COLLEGE GRADUATED 215 STUDENTS DURING THE FISCAL 2022 YEAR DETAILED AS FOLLOWS:-DOCTOR OF CHIROPRACTIC (141)-MASTER OF SCIENCE IN APPLIED CLINICAL NUTRITION (43)-MASTER OF SCIENCE IN HUMAN ANATOMY AND PHYSIOLOGY INSTRUCTION (16)-BACHELOR OF SCIENCE IN PROFESSIONAL STUDIES (15)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Michael Mestan President | OfficerTrustee | 40 | $362,013 |
Mr Sean Anglim VP Of Finance | Officer | 40 | $253,266 |
Dr Anne Killen Executive VP Of Academic Affairs | Officer | 40 | $173,496 |
Dr Frank Nicchi Former Officer, President Emeritus | 0 | $161,541 | |
Dr Jennifer Sessler VP Of Enrollment And Planning | 40 | $157,267 | |
Dr Robert Ruddy Assistant Professor | 40 | $141,917 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Digital Hyve Marketing Services | 8/30/22 | $408,370 |
Sessler Environmental Services Llc Demolition | 8/30/22 | $285,000 |
Seneca Security Services Security Services | 8/30/22 | $282,278 |
Mittiga General Contractors Inc Construction | 8/30/22 | $169,774 |
Bond Schoeneck And King Pllc Legal Services | 8/30/22 | $170,249 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $530,002 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,836 |
| Noncash contributions included in lines 1a–1f | $24,379 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $664,838 |
| Total Program Service Revenue | $19,176,619 |
| Investment income | $1,183,758 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,832 |
| Net Gain/Loss on Asset Sales | $2,763,913 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,393 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,816,443 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,270 |
| Grants and other assistance to domestic individuals. | $703,747 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,098,747 |
| Compensation of current officers, directors, key employees. | $1,013,142 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,384,719 |
| Pension plan accruals and contributions | $606,290 |
| Other employee benefits | $1,022,834 |
| Payroll taxes | $783,761 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $152,294 |
| Fees for services: Accounting | $71,010 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $192,510 |
| Fees for services: Other | $82,077 |
| Advertising and promotion | $748,281 |
| Office expenses | $539,471 |
| Information technology | $192,530 |
| Royalties | $0 |
| Occupancy | $642,147 |
| Travel | $106,755 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,537 |
| Interest | $231,746 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,482,987 |
| Insurance | $494,560 |
| All other expenses | $230,896 |
| Total functional expenses | $21,233,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,475 |
| Savings and temporary cash investments | $6,767,299 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $696,275 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $376,238 |
| Inventories for sale or use | $30,734 |
| Prepaid expenses and deferred charges | $198,353 |
| Net Land, buildings, and equipment | $13,134,426 |
| Investments—publicly traded securities | $28,559,127 |
| Investments—other securities | $34,197,290 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $618,742 |
| Total assets | $84,603,959 |
| Accounts payable and accrued expenses | $2,511,485 |
| Grants payable | $0 |
| Deferred revenue | $6,567,266 |
| Tax-exempt bond liabilities | $7,293,533 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $309,312 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,959,670 |
| Total liabilities | $19,641,266 |
| Net assets without donor restrictions | $64,832,545 |
| Net assets with donor restrictions | $130,148 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $84,603,959 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Northeast College Of Health Sciences has recieved totaling $21,680.
| Awarding Organization | Amount |
|---|---|
Donald F And Edna G Bishop Scholarship Foundation Elmira, NY PURPOSE: SCHOLARSHIP AWARD | $11,667 |
Archie S Wingfield Jr Charitable Tr Under Ex A Para E Of Archie S W Vero Beach, FL PURPOSE: GENERAL SUPPORT | $5,000 |
Archie S Wingfield Jr Charitable Tr Under Ex A Para E Of Archie S W Vero Beach, FL PURPOSE: GENERAL SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Endowment Analysis
| Beg. Balance | $77,050,661 |
| Earnings | -$10,214,828 |
| Other Expense | $4,000,000 |
| Grants | $4,000 |
| Ending Balance | $62,831,833 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New England Law Boston Boston, MA | $111,835,752 | $46,208,385 |
Geisinger Commonwealth School Of Medicine Danville, PA | $148,792,015 | $48,699,077 |
American College King of Prussia, PA | $101,126,239 | $39,801,880 |
Albany Law School Albany, NY | $122,483,245 | $40,164,228 |
Cairn University Langhorne, PA | $53,369,669 | $36,996,664 |
International Federation Of Accountants New York, NY | $24,926,636 | $31,445,814 |
Gordon Conwell Theological Seminary Inc South Hamilton, MA | $116,606,718 | $30,704,023 |
Union Theological Seminary New York, NY | $238,656,208 | $35,345,843 |
Hackensack Meridian School Of Medicine A Nj Nonprofit Corporatio Edison, NJ | $53,683,933 | $22,703,274 |
Westminster Theological Seminary Glenside, PA | $50,091,847 | $28,664,746 |
New York College Of Podiatric Medicine New York, NY | $55,714,669 | $20,085,509 |
Northeast College Of Health Sciences Seneca Falls, NY | $84,603,959 | $23,816,443 |