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Nonprofit · EIN 13-2887929

SACKLER SCHOOL OF MEDICINE

Tax-exempt · STAMFORD, CT 06901

Financials

$8M$8M2022
Revenue Expenses · by fiscal year end
Financials of SACKLER SCHOOL OF MEDICINE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2023990$7,983,206$8,017,628-$34,422$4,824,914$3,738,612$1,086,302
Financial details: 990 for the year ended September 30, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$7,971,841
Investment income
$8,672
Other revenue
$2,693

Expenses

Grants and similar amounts paid
$5,000
Compensation of officers, directors and key employees
$550,523
Other salaries and wages
$230,009
Salaries, compensation and benefits (total)
$815,911
Professional fundraising fees
$0
Legal fees
$63,805
Accounting fees
$58,740
Travel
$53,496
Depreciation
$13,098
Program services (functional)
$8,017,628

Balance sheet and other

Total assets, start of year
$5,311,946
Total assets, end of year
$4,824,914
Total liabilities, end of year
$3,738,612
Net assets, end of year
$1,086,302
Land, buildings and equipment
$14,207
Net assets with donor restrictions
$1,086,302
Gross receipts
$7,983,206
Employees
5
Volunteers
0
Year formed
1977
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2023, highest compensation first.

NameTitleHours / weekCompensation
Stephen Lazar EdDExec. Dean & Trustee
Trustee or director, Officer
40$479,321
Joseph DrelichTreasurer
Trustee or director, Officer
4$57,702
Thomas F Tracy Jr MDTrustee
Trustee or director
1$13,500
Louis BernsteinTrustee
Trustee or director
1$0
Gerard J Igel MDTrustee
Trustee or director
1$0
Richard S Sackler MDTrustee
Trustee or director
1$0
Deborah Axelrod MDTrustee
Trustee or director
1$0
Arthur A Klein MDTrustee
Trustee or director
1$0
Alvin Rosenfeld MDTrustee
Trustee or director
1$0
Robin AbramsTrustee
Trustee or director
1$0
Stanley Schrem MDTrustee
Trustee or director
1$0
Jeffrey Steiner MDTrustee
Trustee or director
1$0
Ralph Synderman MDTrustee
Trustee or director
1$0
Jeffrey Borkan MDTrustee
Trustee or director
1$0
Michael KassenTrustee
Trustee or director
1$0
2 more people on this return
NameTitleHours / weekCompensation
Max RaskinTrustee
Trustee or director
1$0
Jeffrey Schor MDTrustee
Trustee or director
1$0

Address and contacts

Address (IRS master file)
C O PAYROLL DPT ONE STAMFORD FORUM, STAMFORD, CT 06901-0000
Principal officer (990 for 2022)
Thomas Tracy MD, 17 East 62nd Street, New York, NY 10065
Signed the 990
Thomas Tracy MD, Executive Trustee
Phone
(929) 287-7622
Return prepared by
Bender Ciccotto & Co CPA's LLP

Mission

The Sackler School of Medicine's functions are to recruit and accept students to qualify for an MD degree. The organization maintains an administrative office in New York City which handles admissions and other functions for U.S. and Canadian students.

990 for the year ended September 30, 2023

Program accomplishments

  • Operation of medical school.
    Expenses $8,017,628 · grants $5,000 · revenue $7,983,206

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Not on file
2023September 30, 2024February 18, 2025Not on file

IRS record

EIN
13-2887929
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1978
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,824,914
Income (IRS master file)
$7,983,206

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2023$7,983,206$8,017,628$4,824,914XML
990September 2022$8,334,270$8,347,034$5,311,946IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-2887929).

Questions about SACKLER SCHOOL OF MEDICINE

What is the EIN of SACKLER SCHOOL OF MEDICINE?
The employer identification number (EIN) of SACKLER SCHOOL OF MEDICINE is 13-2887929.
Is SACKLER SCHOOL OF MEDICINE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to SACKLER SCHOOL OF MEDICINE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SACKLER SCHOOL OF MEDICINE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SACKLER SCHOOL OF MEDICINE due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SACKLER SCHOOL OF MEDICINE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2023.
Who is the principal officer of SACKLER SCHOOL OF MEDICINE?
The 990 for the year ended September 30, 2023 names Thomas Tracy MD.
Who are the officers and directors of SACKLER SCHOOL OF MEDICINE?
The 990 for the year ended September 30, 2023 lists 17 people; 3 received compensation from the organization, the highest $479,321 (Stephen Lazar EdD, Exec. Dean & Trustee).
How much revenue does SACKLER SCHOOL OF MEDICINE have?
On its 990 for the year ended September 30, 2023 it reported revenue of $7,983,206, expenses of $8,017,628 and total assets of $4,824,914 at year end.

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