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New York College Of Traditional Chinese Medicine

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Graduate, Professional Schools (Separate Entities) (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2022 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$2.99M (2022)

Expenses
$3.27M (2022)

Total Assets
$8.68M (2022)

Total Liabilities
$4.12M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,990,222
Expenses
$3,269,422
Net Income
-$279,200
Net Assets
$4,562,768
Notable Sources of Revenue Percent of Total Revenue
Contributions $67,092
2.2%
Program Services $2,893,253
96.8%
Investment Income $29,877
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $336,210
10.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,574,845
48.2%
Assets/Debt
Total Assets $8,683,019
Total Liabilities $4,120,251
Net Assets $4,562,768
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Yemeng Chen (President) $176,665 $0 $9,665
Dr Megan Haungs (Academic Dean) $114,600 $0 $0
Dr Dong Hua Yang (Administrative Dean) $35,280 $0 $0
Ms Lois Beckerman (Trustee, Chairman) $0 $0 $0
Ms Carole Roble Cpa (Trustee, Vice Chair) $0 $0 $0
Dr James Bare (Trustee) $0 $0 $0
Mr Lawrence Jones (Trustee) $0 $0 $0
Mr Steve Legum (Trustee) $0 $0 $0
Dr Sun F Pei (Trustee) $0 $0 $0
Dr Arnold Stern (Trustee) $0 $0 $0
Dr Libang Zhang (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,024,503
Expenses
$3,442,926
Net Income
$581,577
Net Assets
$4,841,968
Notable Sources of Revenue Percent of Total Revenue
Contributions $813,444
20.2%
Program Services $3,202,520
79.6%
Investment Income $8,539
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $432,525
12.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,466,433
42.6%
Assets/Debt
Total Assets $5,746,257
Total Liabilities $904,289
Net Assets $4,841,968
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Yemeng Chen (President) $180,849 $0 $9,057
Dr Sunny Shen Chen (Academic Dean) $118,143 $0 $9,057
Dr Megan Haungs (Administrative Dean) $102,350 $0 $0
Mr Lawrence Jones (Trustee) $13,069 $0 $0
Ms Lois Beckerman (Chairman) $0 $0 $0
Ms Carole Roble Cpa (Vice Chair) $0 $0 $0
Dr James Bare (Trustee) $0 $0 $0
Dr Zhe Sheng Chen (Trustee) $0 $0 $0
Mr Steve Legum (Trustee) $0 $0 $0
Dr Sun F Pei (Trustee) $0 $0 $0
Mr Arnold Stern (Trustee) $0 $0 $0
Dr Libang Zhang (Trustee) $0 $0 $0
Hon F Dana Winslow (Trustee (Through 5/14/21)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,906,734
Expenses
$3,128,483
Net Income
$778,251
Net Assets
$4,260,391
Notable Sources of Revenue Percent of Total Revenue
Contributions $834,166
21.4%
Program Services $3,038,204
77.8%
Investment Income $34,364
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $417,133
13.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,470,222
47.0%
Assets/Debt
Total Assets $5,226,489
Total Liabilities $966,098
Net Assets $4,260,391
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Yemeng Chen (President) $165,314 $0 $8,262
Dr Sunny Shen Chen (Academic Dean) $120,059 $0 $8,262
Ms Megan Haungs (Administrative Dean) $103,387 $0 $0
Libang Zhang (Trustee) $11,849 $0 $0
Dr Sun F Pei (Trustee) $0 $0 $0
Hon F Dana Winslow (Trustee) $0 $0 $0
Mr James Bare (Trustee) $0 $0 $0
Mr Lawrence Jones (Trustee) $0 $0 $0
Mr Arnold Stern (Trustee) $0 $0 $0
Mr Steve Legum (Trustee) $0 $0 $0
Ms Carole Roble (Vice Chair) $0 $0 $0
Ms Lois Beckerman (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,418,114
Expenses
$2,781,346
Net Income
$636,768
Net Assets
$3,482,140
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,114
0.5%
Program Services $3,361,980
98.4%
Investment Income $38,020
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $387,383
13.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,199,032
43.1%
Assets/Debt
Total Assets $4,490,033
Total Liabilities $1,007,893
Net Assets $3,482,140
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Yemeng Chen (President) $150,352 $0 $7,686
Dr Sunny Shen Chen (Academic Dean) $103,483 $0 $7,686
Ms Megan Haungs (Administrative Dean) $97,429 $0 $0
Libang Zhang (Trustee) $20,747 $0 $0
Dr Sun F Pei (Trustee) $0 $0 $0
Hon F Dana Winslow (Trustee) $0 $0 $0
Mr James Bare (Trustee) $0 $0 $0
Mr Lawrence Jones (Trustee) $0 $0 $0
Mr Arnold Stern (Trustee) $0 $0 $0
Mr Steve Legum (Trustee) $0 $0 $0
Ms Tammy Tsao (Trustee (End 10/25/19)) $0 $0 $0
Ms Carole Roble (Vice Chair) $0 $0 $0
Ms Lois Beckerman (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,011,788
Expenses
$2,740,454
Net Income
$271,334
Net Assets
$2,845,452
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,174
0.4%
Program Services $2,970,765
98.6%
Investment Income $21,820
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,029
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $372,127
13.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,169,364
42.7%
Assets/Debt
Total Assets $3,796,672
Total Liabilities $951,220
Net Assets $2,845,452
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Yemeng Chen (President) $141,959 $0 $6,873
Dr Sunny Shen Chen (Academic Dean) $98,008 $0 $6,873
Ms Megan Haungs (Administrative Dean) $90,539 $0 $0
Libang Zhang (Trustee) $27,875 $0 $0
Ms Lois Beckerman (Chairman) $0 $0 $0
Dr Sun F Pei (Trustee) $0 $0 $0
Hon F Dana Winslow (Trustee) $0 $0 $0
Ms Nicole Degregorio (Trustee (Through 9/18/18)) $0 $0 $0
Mr Lawrence Jones (Trustee) $0 $0 $0
Mr Steve Legum (Trustee) $0 $0 $0
Ms Carole Roble (Vice Chair) $0 $0 $0
Ms Tammy Tsao (Trustee) $0 $0 $0
Dr Arnold Stern (Trustee (As Of 10/26/18)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,095,799
Expenses
$2,542,543
Net Income
$553,256
Net Assets
$2,574,157
Notable Sources of Revenue Percent of Total Revenue
Contributions $61,710
2.0%
Program Services $3,026,669
97.8%
Investment Income $7,420
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $144,769
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,296,112
51.0%
Assets/Debt
Total Assets $3,549,659
Total Liabilities $975,502
Net Assets $2,574,157
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Yemeng Chen (President) $144,769 $0 $0
Ms Lois Beckerman (Chairman) $0 $0 $0
Libang Zhang (Trustee) $0 $0 $0
Dr Sun F Pei (Trustee) $0 $0 $0
Hon F Dana Winslow (Trustee) $0 $0 $0
Ms Nicole Degregorio (Trustee) $0 $0 $0
Mr Lawrence Jones (Trustee) $0 $0 $0
Mr Steve Legum (Trustee) $0 $0 $0
Ms Carole Roble (Vice Chair) $0 $0 $0
Ms Tammy Tsao (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,944,970
Expenses
$2,666,970
Net Income
$278,000
Net Assets
$2,021,901
Notable Sources of Revenue Percent of Total Revenue
Contributions $55,522
1.9%
Program Services $2,882,301
97.9%
Investment Income $7,147
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $211,254
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,177,001
44.1%
Assets/Debt
Total Assets $3,029,352
Total Liabilities $1,007,451
Net Assets $2,021,901
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Yemeng Chen (President) $119,902 $0 $0
James Bare (Vice President) $91,352 $0 $0
Ms Lois Beckerman (Chairman) $0 $0 $0
Libang Zhang (Trustee) $0 $0 $0
Dr Sun F Pei (Trustee) $0 $0 $0
Hon F Dana Winslow (Trustee) $0 $0 $0
Ms Nicole Degregorio (Trustee) $0 $0 $0
Mr Lawrence Jones (Trustee) $0 $0 $0
Mr Steve Legum (Trustee) $0 $0 $0
Ms Carole Roble (Vice Chair) $0 $0 $0
Ms Tammy Tsao (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,647,227
Expenses
$2,170,524
Net Income
$476,703
Net Assets
$1,742,701
Notable Sources of Revenue Percent of Total Revenue
Contributions $25,497
1.0%
Program Services $2,666,208
> 100%
Investment Income $6,681
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$51,159
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,318,544
60.7%
Assets/Debt
Total Assets $2,697,739
Total Liabilities $955,038
Net Assets $1,742,701
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Ms Lois Beckerman (Chairman) $0 $0 $0
Libang Zhang (Trustee) $0 $0 $0
Dr Sun F Pei (Trustee) $0 $0 $0
Hon F Dana Winslow (Trustee) $0 $0 $0
Ms Nicole Degregorio (Trustee) $0 $0 $0
Mr Lawrence Jones (Trustee) $0 $0 $0
Mr Steve Legum (Trustee) $0 $0 $0
Ms Carole Roble (Vice Chair) $0 $0 $0
Ms Tammy Tsao (Trustee) $0 $0 $0
Yemeng Chen (President) $0 $0 $0
James Bare (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,413,848
Expenses
$2,121,388
Net Income
$292,460
Net Assets
$1,265,998
Notable Sources of Revenue Percent of Total Revenue
Contributions $133,700
5.5%
Program Services $2,275,556
94.3%
Investment Income $4,592
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,357,851
64.0%
Assets/Debt
Total Assets $1,361,751
Total Liabilities $95,753
Net Assets $1,265,998
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Ms Lois Beckerman (Chairman) $0 $0 $0
Libang Zhang (Trustee) $0 $0 $0
Dr Sun F Pei (Trustee) $0 $0 $0
Hon F Dana Winslow (Trustee) $0 $0 $0
Ms Nicole Degregorio (Trustee) $0 $0 $0
Mr Lawrence Jones (Trustee) $0 $0 $0
Mr Steve Legum (Trustee) $0 $0 $0
Ms Carole Roble (Vice Chair) $0 $0 $0
Ms Tammy Tsao (Trustee) $0 $0 $0
Yemeng Chen (President) $0 $0 $0
James Bare (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,078,451
Expenses
$2,037,089
Net Income
$41,362
Net Assets
$973,538
Notable Sources of Revenue Percent of Total Revenue
Contributions $90,242
4.3%
Program Services $1,983,489
95.4%
Investment Income $4,720
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $160,600
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,124,134
55.2%
Assets/Debt
Total Assets $1,065,977
Total Liabilities $92,439
Net Assets $973,538
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Yemeng Chen (President) $90,300 $0 $0
James Bare (Vice President) $70,300 $0 $0
Ms Lois Beckerman (Chairman) $0 $0 $0
Libang Zhang (Trustee) $0 $0 $0
Dr Sun F Pei (Trustee) $0 $0 $0
Hon F Dana Winslow (Trustee) $0 $0 $0
Ms Nicole Degregorio (Trustee) $0 $0 $0
Mr Lawrence Jones (Trustee) $0 $0 $0
Mr Steve Legum (Trustee) $0 $0 $0
Ms Carole Roble (Vice Chair) $0 $0 $0
Ms Tammy Tsao (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,101,961
Expenses
$2,063,688
Net Income
$38,273
Net Assets
$932,176
Notable Sources of Revenue Percent of Total Revenue
Contributions $59,738
2.8%
Program Services $2,033,078
96.7%
Investment Income $4,078
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,067
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $160,600
7.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,113,008
53.9%
Assets/Debt
Total Assets $1,088,565
Total Liabilities $156,389
Net Assets $932,176

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,271,914
Expenses
$2,122,243
Net Income
$149,671
Net Assets
$893,903
Notable Sources of Revenue Percent of Total Revenue
Contributions $60,019
2.6%
Program Services $2,200,893
96.9%
Investment Income $3,156
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,846
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $161,948
7.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,132,340
53.4%
Assets/Debt
Total Assets $1,118,961
Total Liabilities $225,058
Net Assets $893,903

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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