Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2011.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
What each dollar paid for.
Form 990 Part IX, line 25. Every line is in By the numbers.
Who runs it and what they're paid
6 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Acquires biomedical research institutions to advance scientific discovery and education.
This section is blank until Nymc LLC claims this page.
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The acquisition of the new york medical college facilitates and accelerates the college's strategic growth, improves the quality of its educational offerings, expands research and development activities, and provides greater professional opportunities for students. (see schedule o.)
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| InvestmentsLn 11–13 | $60.1M | $60.1M |
| Total assetsLn 16 | $60.1M | $60.1M |
| LiabilitiesLn 26 | $60.5M | $60.5M |
| Net assetsLn 32 | −$437K | −$463K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Legal feesLn 11b | $9K | $9K | ||
| Other fees for servicesLn 11g | $338 | $338 | ||
| InsuranceLn 23 | $16K | $16K | ||
| Other expenses (24a–d)Ln 24 | $325 | $325 | ||
| Total functional expensesLn 25 | $26K | $0 | $26K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $0 | $20K | −$20K | −$509K | 990 PDF |
| FY2023 | $0 | $26K | −$26K | −$489K | 990 PDF |
| FY2022 Viewing | $0 | $26K | −$26K | −$463K | 990 PDF |
| FY2021 | $0 | $22K | −$22K | −$437K | 990 PDF |
| FY2020 | $0 | $33K | −$33K | −$415K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $0 across 1 lines filed
Part IX · Statement of functional expenses $25,852 across 4 lines filed
Part X · Balance sheet $60,082,178 assets, 9 lines filed
Part XI · Reconciliation of net assets −$462,903 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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