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New York Institute of Technology

New York Institute of Technology

Old Westbury, NY
Tax ID11-1788788

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About this organization

Revenue

$327,180,390

Expenses

$313,791,522

Website

nyit.edu

Mission

Provide career-oriented professional education; give all qualified students access to opportunity; support applications-oriented research that benefits the larger world.

About

NYIT provides undergraduate, graduate, and doctoral instruction to a diverse student population. Approximately 11,000 students attended the institution last year and 2,571 graduated. Approximately 11,000 students become engaged, technologically savvy physicians, architects, scientists, engineers, business leaders, digital artists, health care professionals, and more. With campuses in North America, China, and the Middle East as well as online, NYIT's student and faculty global exchange programs, unique experiential learning programs, and numerous extra- and co-curricular opportunities combine to create a unique, 21st-century learning experience. The institute offers the following schools and colleges: College of Arts and Sciences, College of Osteopathic Medicine, School of Architecture and Design, School of Engineering and Computing Sciences, School of Health Professions, School of Interdisciplinary Studies & Education, School of Management. The institute offers the following degrees: Associate in Applied Science, Bachelor of Architecture, Bachelor of Arts, Bachelor of Fine Arts, Bachelor of Professional Studies, Bachelor of Science, Master of Arts, Master of Arts in Teaching, Master of Business Administration, Master of Fine Arts, Master of Science, Doctor of Physical Therapy, Doctor of Osteopathic Medicine. Programmatic revenues represent tuition and fees, room and board, the vocational independence program, ancillary educational services, and other educational programs (reported on Line 11(d) of Part VIII of the 990).

Interesting data from their 2019 990 filing

The purpose of the non-profit is listed in the filing as “New york institute of technology (nyit) offers 90 degree programs, including undergraduate, graduate, and professional degrees, in more than 50 fields of study, including architecture and design; arts and sciences; education; engineering and computing sciences; health professions; management; and medicine. a non-profit, independent, private, and nonsectarian institution of higher education, nyit has more than 10,000 students worldwide. since 1955, nyit has pursued its mission to: -provide career-oriented professional education -give all qualified students access to opportunity -support applications-oriented research that benefits the larger world”.

When discussing its operations, they were characterized as: “Provide career-oriented professional education; give all qualified students access to opportunity; support applications-oriented research that benefits the larger world.”.

  • The non-profit's legally reported state of operation is NY.
  • The filing states that the non-profit's address in the year 2019 is NORTHERN BLVD GERRY HOUSE, OLD WESTBURY, NY, 11568.
  • The form submitted by the non-profit for 2019 shows a total of 3189 employees.
  • Does not operate a hospital.
  • Operates a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $13,388,868.
  • The remuneration plan for the CEO of the organization is based on a review and approval process by a neutral entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 18 independent voting members.
  • The organization was formed in 1955.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $153,169,841 in salary, compensation, and benefits to its employees.
  • The organization pays $2,198,068 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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