irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $5.55MSEE SCHEDULE O
named programs · 5 · from sources
What they call their work
College of Engineering and Computing Sciences
Offers undergraduate and graduate programs in computer science, cybersecurity, data science, and electrical engineering with research-focused labs and facilities
College of Osteopathic Medicine
Medical education program training future physicians with campuses in New York and Arkansas, accredited by the AOA COCA
School of Architecture and Design
Provides professional degrees in architecture and design with studio-based learning and technology integration
School of Health Professions
Offers accredited programs in physical therapy, occupational therapy, and physician assistant studies with clinical training components
School of Management
Provides AACSB-accredited business degrees including B.S., MBA, and Executive MBA programs focused on leadership and innovation
activities · 9 groups
What they do
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Biomedical Research and Innovation 1 activity
- Conduct interdisciplinary research in health, technology, and behavioral sciencesConducts research on treatments for breast cancer and Alzheimer’s disease, data security, neurological and movement disorders, esports medicine, consumer psychology, and computer science. Uses machine learning to analyze building energy use in low-income households and to detect epileptic EEGs, with CNN models proving most effective.
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Higher Education Degree Programs 1 activity
- Deliver higher education programs across multiple disciplinesOffers over 90 academic programs at the bachelor's through Ph.D. level in fields including engineering, technology, design, architecture, medicine, and the health professions. Provides academic policies, financial aid services, career success support, and accessibility accommodations for students with disabilities.
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Health Professions Education Programs 1 activity
- Operate medical and health sciences education and training facilitiesOperates a College of Osteopathic Medicine with specialized labs including an anatomy lab, an OMM lab with instructional technology, and the Ferrara Center for Patient Safety and Clinical Simulation featuring virtual patient exam rooms. Also operates the Adele Smithers Parkinson’s Disease Treatment Center for interdisciplinary clinical collaboration.
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Community Festival & Event Production 1 activity
- Operate primary educational program with significant financial scaleOperated a primary educational program with $5,551,434 in expenses and $4,417,922 in program revenue during tax year 2024.
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Specialized Research Library Access 1 activity
- Provide access to medical and academic resourcesProvides access to over 10,000 medical and health publications and more than 400 journals through the College of Osteopathic Medicine Library.
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Community Health Center Services 1 activity
- Provide clinical healthcare services and community health programsOperates healthcare clinics on Long Island providing primary and rehabilitative care, and delivers health services and education to rural communities in Arkansas. Runs a medical school program in Jonesboro, Arkansas focused on improving health outcomes in a medically underserved region.
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Medical Professional Education & Training 1 activity
- Sponsor graduate medical education programsSponsors residencies and fellowships as an ACGME-accredited Institutional Sponsor, providing support in curriculum development, faculty development, research, and administrative oversight. Achieved a 99.5% residency match rate for the Class of 2022.
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Youth and Student Entrepreneurship Competitions 1 activity
- Support student innovation and entrepreneurshipOffers students opportunities to develop technologies for the marketplace or launch startups through the Entrepreneurship and Technology Innovation Center. Examples include development of a smart glove using machine learning to recognize American Sign Language gestures with 99.6% accuracy.
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Uncategorized 2 activities
- Apply AI and digital technologies in research and design innovationConducted studies using eye-tracking and pretrained neural networks to identify TV fan gaze patterns, and collaborated with Peccioli-Belvedere S.p.A. to apply AI and digital art in transforming waste into sustainable urban design solutions. Conducted research showing general-use AI platforms make serious errors in analyzing medical results.
- Monitor and report institutional performance metricsTracks and reports student graduation and retention rates, and monitors licensure pass rates for professional programs including nursing, physical therapy, occupational therapy, osteopathic medicine, physician assistant studies, architecture, and teacher education. Achieved 100% pass rates in several programs in recent years.
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financials · form 990 · fy2024
revenue
Total revenue$382.00M
Contributions & grants$9.01M2%
Program service revenue$354.08M93%
Investment income$8.50M2%
Other revenue$10.41M
expenses
Total expenses$369.69M
Program expenses95%
Admin / overhead5%
Fundraising1%
Salaries & benefits$171.03M
Grants paid out$86.06M
Largest expense lineCompensation
balance sheet
Total assets$588.42M
Cash$91.41M
Investments$155.28M
Liabilities$307.42M
Net assets$281.00M
Liquid reserves8.0 mo
5 years on record · 2020–2024 · YoY revenue +0.1%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 14
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| DR HENRY FOLEY | PRESIDENT (THRU 06/30/2025) | 60 | $1.59M |
| JERRY BALENTINE | PROVOST & EXECUTIVE VICE PRESIDENT | 40 | $849K |
| CATHERINE FLICKINGER | VP HR, GEN. COUNSEL & SECRETARY | 40 | $555K |
| NICOLE WADSWORTH | DEAN, COLLEGE OF OSTEOPATHIC MED. | 40 | $554K |
| SHANE SPEIGHTS | SITE DEAN, COLLEGE OF OSTEOPATHIC MED. | 40 | $520K |
| BARBARA J HOLAHAN | VP FIN. AFFAIRS, CFO/TREASURER | 40 | $510K |
| JOSEPH POSILLICO | VP FOR ENROLL MGMT/STRATEGIC COMM. | 40 | $488K |
| PENNIE TURGEON | VP OF IT & CIO | 40 | $464K |
| BABAK DASTGHEIB-BEHESHTI | DEAN ENGINEERING SCHOOL | 40 | $450K |
| ANTHONY GERDES | PROFESSOR | 40 | $430K |
| PATRICK MINSON | VP DEV. & ALUM. RELATIONS & EXT AFF. | 40 | $408K |
| MARIA RITA PERBELLINI | DEAN, SCHOOL OF ARCHITECTURE/DESIGN | 40 | $377K |
| DONALD BOOTH | VP, CAPITAL PLANNING & FACILIITES | 40 | $375K |
| EILEEN VALERIO | CONTROLLER & ASSISTANT TREASURER | 40 | $288K |
board members · 11
- ANDREW BERNER — TRUSTEE
- ANGELA IANNACCI — TRUSTEE (AS OF 03/2025)
- CATHERINE ALLEN — TRUSTEE
- DAN FERRARA — VICE CHAIR
- DEBORAH VERDERAME — TRUSTEE (AS OF 03/2025)
- DEBORAH VOGEL — TRUSTEE
- DOMENICK CHIECO — TRUSTEE
- ELI WACHTEL — TRUSTEE (THRU 08/2024)
- HENRY IERVOLINO — TRUSTEE
- HUMAYUN CHAUDHRY — TRUSTEE (AS OF 03/2025)
- JOHN KEVILLE — TRUSTEE
relationships · 13
Who they work with
- AOA Commission on Osteopathic College Accreditation Government — Accredits NYITCOM and sets standards for academic quality in osteopathic medical education.
- Accreditation Council for Graduate Medical Education Government — Accredits NYITCOM as an Institutional Sponsor for residency and fellowship programs.
- Adele Smithers Parkinson’s Disease Treatment Center Partner — Collaborative center focused on interdisciplinary treatment of Parkinson’s disease and student training.
- Arkansas State University Partner — Hosts NYITCOM-Arkansas on its campus for medical education.
- Campus Prevention Network Partner — Awarded the Seal of Prevention™ for commitment to digital prevention programs
- Colleges of Distinction Government — Recognized by Colleges of Distinction for institutional quality and military support
- Entrepreneurship and Technology Innovation Center Partner — Collaborates with industry partners to support student-led technology development and startup creation.
- Google Partner — Hosts events that New York Tech students attend to deepen their understanding of AI and data science.
- Jiangxi University of Finance and Economics Partner — Partner in offering Ministry of Education-approved AACSB-accredited MBA program in China
- Middle States Commission on Higher Education Government — New York Institute of Technology's institutional accreditor.
- National Academy of Inventors Partner — Member institution and certified incubator collaborating on innovation and startup development.
- Peccioli-Belvedere S.p.A. Partner — Collaborated with New York Tech’s School of Architecture and Design to apply AI and digital art in sustainable urban design.
- U.S. Department of Education’s Office for Civil Rights Government — Federal office to which individuals may report concerns regarding discrimination at New York Institute of Technology.
strategies · 4
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- AI-Enhanced Interdisciplinary Innovation and Educationmethodology: ai_enhanced_innovationBy embedding AI across curricula and research domains, the institution enables students and researchers to solve complex, real-world problems across disciplines because AI integration fosters advanced critical thinking, innovation, and leadership in emerging technological landscapes.
- Experiential and Interprofessional Clinical Educationmethodology: experiential_interprofessional_educationBy combining hands-on learning, interprofessional clinical simulation, and real-world urban immersion, students develop collaborative care skills and professional readiness because experiential engagement fosters deeper competence and adaptability in complex environments.
- Leadership and Innovation in Technology Translationmethodology: research_to_practice_incubationBy operating as a technology incubator and prioritizing research-to-practice translation, the institution fosters innovation and entrepreneurial leadership because converting academic discoveries into startups and applied technologies drives economic and societal impact.
- Osteopathic Medical Training with Integrated Research and Practicemethodology: osteopathic_integrated_trainingBy integrating evidence-based knowledge, osteopathic principles, manipulative techniques, and scholarly research, the institution trains physicians to deliver holistic care, particularly in underserved communities, because this combination strengthens clinical effectiveness and community health outcomes.