ALBANY MED HEALTH SYSTEM: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ALBANY MED HEALTH SYSTEM (EIN 14-1641730)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-14
- IRS object ID
- 202333189349317093
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-14T15:52:24-08:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 Broadway | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12207 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141641730 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Albany Med Health System | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALBA | BusinessNameControlTxt |
| Phone | 5182625585 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 47 New Scotland Ave MC116 | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12208 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Frances S Albert | PersonNm |
| Person Title | Exec VP COO & CFO | PersonTitleTxt |
| Phone | 5182628795 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Frances | PersonFirstNm |
| Person Last | Albert | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Geneva Furlano | PreparerPersonNm |
| PTIN | P01877392 | PTIN |
| Phone | 5184274600 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Dennis P McKenna | PrincipalOfficerNm |
| Gross Receipts | $250,035,417 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Group Exemption | 5980 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.albanymed.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1982 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | An academic health sciences system whose responsibilities are to provide a broad range of patient services to the people of eastern New York and western New England. | ActivityOrMissionDesc |
| Voting Members Governing Body | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 1828 | TotalEmployeeCnt |
| Total Volunteers | 36 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $641,490 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,113,564 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $219,736,852 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $245,335,840 | CYProgramServiceRevenueAmt |
| PY Investment Income | $66,197 | PYInvestmentIncomeAmt |
| CY Investment Income | $522,043 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,278,043 | PYOtherRevenueAmt |
| CY Other Revenue | $2,676,120 | CYOtherRevenueAmt |
| PY Total Revenue | $222,722,582 | PYTotalRevenueAmt |
| CY Total Revenue | $249,647,567 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $108,703,069 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $122,469,305 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $111,082,408 | PYOtherExpensesAmt |
| CY Other Expenses | $123,247,884 | CYOtherExpensesAmt |
| PY Total Expenses | $219,785,477 | PYTotalExpensesAmt |
| CY Total Expenses | $245,717,189 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,937,105 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,930,378 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $312,546,209 | TotalAssetsBOYAmt |
| Total Assets EOY | $349,891,864 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $290,019,615 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $316,226,363 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $22,526,594 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $33,665,501 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | An academic health sciences system whose responsibilities are: to educate medical students, physicians, biomedical students and other health care professionals to meet future primary and specialty health care needs of the region and nation; to foster biomedical research that leads to scientific advances and improvement of the health of the public; and to provide a broad range of patient services to the people of eastern New York and western New England.The mission is accomplished through commitment to the values of Quality, Excellence, Service, Collaboration, Integrity and Fiscal Responsibility. We will continue to develop as a nationally recognized academic health science system. In collaboration with the community, we will provide excellence in education, research, and patient care programs.Our vision for the future includes a commitment to working with other providers to make comprehensive and advanced clinical services available to the public while emphasizing quality and service. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $77,439,732 | ExpenseAmt |
| Revenue | $41,786,139 | RevenueAmt |
| Desc | Information Systems & Services: Centralized maintenance and upgrade of various information systems and other computer support such as personal computer maintenance, education, etc. for the Albany Med Health System. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $65,607,893 | ExpenseAmt |
| Revenue | $83,529,501 | RevenueAmt |
| Desc | Other Administrative Support Services: The Albany Med Health System coordinates planning, financial, information and policy direction for our affiliated exempt organizations. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $42,873,538 | ExpenseAmt |
| Revenue | $64,109,527 | RevenueAmt |
| Desc | Financial Management: Centralized corporate finance related operations for the Albany Med Health System. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $59,796,026 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $58,576,219 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $245,717,189 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 448 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1828 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Frances S Albert CPA | PersonNm |
| Phone | 5182628795 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 47 New Scotland Ave | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12208 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (48 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| Dennis P McKenna MD | |||||||
| President & CEO | 9.00 | 39.00 | Yes (X) | Yes (X) | $1,499,506 | $0 | $291,831 |
| Vincent Verdile MD | |||||||
| Dean Emeritus | 8.00 | 32.00 | $0 | $1,437,121 | $93,292 | ||
| Steven M Frisch MD | |||||||
| SR Exec VP Integrated Deliv System | 23.00 | 32.00 | $1,309,999 | $0 | $74,928 | ||
| Frances S Albert | |||||||
| EVP COO & CFO | 6.00 | 37.00 | Yes (X) | $1,119,966 | $0 | $94,468 | |
| Alan S Boulos MD | |||||||
| EVP & Dean Albany Medical College | 1.00 | 39.00 | $0 | $1,062,687 | $36,526 | ||
| Matthew C Jones | |||||||
| EVP & General Counsel | 26.00 | 14.00 | $726,776 | $0 | $81,407 | ||
| Steven M Parnes MD | |||||||
| Board Member | 2.00 | 46.00 | Yes (X) | $0 | $752,473 | $33,872 | |
| Ferdinand J Venditti Jr MD | |||||||
| EVP System Care Delivery-VDEANCLNAF | 1.00 | 41.00 | $0 | $564,947 | $17,786 | ||
| Kristopher P Kusche | |||||||
| SVP & CIO | 40.00 | 0.00 | $505,886 | $0 | $76,552 | ||
| Peter Paige MD | |||||||
| EVP AMHS & Hosp General Director | 1.00 | 44.00 | $0 | $428,860 | $22,708 | ||
| Matthew I Cooper | |||||||
| VP Finance | 40.00 | 0.00 | $402,432 | $0 | $16,880 | ||
| Noel C Hogan | |||||||
| SVP Corp Complianc | 6.00 | 34.00 | $346,714 | $0 | $54,673 | ||
| Sandra J Castilla | |||||||
| VP Human Resources | 40.00 | 0.00 | $354,647 | $0 | $33,072 | ||
| Victor Becker | |||||||
| SVP & CHIO | 40.00 | 0.00 | $353,518 | $0 | $13,714 | ||
| James J Barba | |||||||
| Board Member | 42.00 | 6.00 | Yes (X) | $161,750 | $0 | $0 | |
| Anthony M Durante | |||||||
| Board Member | 2.00 | 9.00 | Yes (X) | $0 | $0 | $0 | |
| Raimundo C Archibold Jr | |||||||
| Vice Chair | 2.00 | 11.00 | Yes (X) | $0 | $0 | $0 | |
| Margaret Gillis | |||||||
| Vice Chair | 2.00 | 7.00 | Yes (X) | $0 | $0 | $0 | |
| Kirk Kneller | |||||||
| Board Member | 2.00 | 9.00 | Yes (X) | $0 | $0 | $0 | |
| Michael H Iacolucci | |||||||
| Mbr thru 12/22 | 2.00 | 9.00 | Yes (X) | $0 | $0 | $0 | |
| James Cullum | |||||||
| Board Member | 2.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Robert T Cushing | |||||||
| Chairman | 2.00 | 6.00 | Yes (X) | $0 | $0 | $0 | |
| Glenda Kelman | |||||||
| Board Member | 2.00 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| R Wayne Diesel | |||||||
| Mbr thru 6/22 | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Sharon Duker | |||||||
| Vice Chair | 2.00 | 10.00 | Yes (X) | $0 | $0 | $0 | |
| Carolyn Stefanco PhD | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Daniel T Pickett III | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| David Golub | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Mary Gail Biebel PhD | |||||||
| Board Member | 2.00 | 6.00 | Yes (X) | $0 | $0 | $0 | |
| Theresa Skaine | |||||||
| Board Member | 2.00 | 11.00 | Yes (X) | $0 | $0 | $0 | |
| Doug Hamlin | |||||||
| Board Member | 2.00 | 6.00 | Yes (X) | $0 | $0 | $0 | |
| Sujata Chaudhry | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Lillian Moy Esq | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Michael Toohey | |||||||
| Board Member | 2.00 | 9.00 | Yes (X) | $0 | $0 | $0 | |
| Janice Smith | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| John B O'Connor | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| John J Nigro | |||||||
| Vice Chair | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| James O Jackson PhD | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Candace King Weir | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Jeffrey Stone | |||||||
| Board Member | 2.00 | 6.00 | Yes (X) | $0 | $0 | $0 | |
| Todd M Tidgewell | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Peter H Heerwagen | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Ruth H Mahoney | |||||||
| Board Member | 2.00 | 6.00 | Yes (X) | $0 | $0 | $0 | |
| Morris C Massry | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Janice White EdD | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Carol Kim PhD | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Deborah Lans | |||||||
| Mbr thru 6/22 | 2.00 | 8.00 | Yes (X) | $0 | $0 | $0 | |
| Lisa Moser | |||||||
| Board Member | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,781,194 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $4,246,088 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $941,709 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 177 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Cerner Health Services Inc | |||||
| PO Box 959156 | St Louis | MO | 63195 | IT Support Services | $5,339,590 |
| Allscripts Healthcare LLC | |||||
| 24630 Network Pl | Chicago | IL | 60673 | Consulting | $4,127,106 |
| Workday Inc | |||||
| PO Box 886106 | Los Angeles | CA | 900886106 | IT Support Services | $3,813,386 |
| Aramark | |||||
| PO Box 978839 | Dallas | TX | 753978839 | Environmental Svcs | $3,491,274 |
| Epic Systems Corporation | |||||
| PO Box 88314 | Milwaukee | WI | 532880314 | IT Support Services | $3,005,305 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 76 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $1,113,564 | RelatedOrganizationsAmt |
| Total Contributions | $1,113,564 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Building Operation | 561000 | $31,874,054 | $31,874,054 |
| Financial Management | 561000 | $64,109,527 | $64,109,527 |
| Informat'n System/Service | 561000 | $41,786,139 | $41,786,139 |
| Materials Management | 561000 | $26,702,165 | $26,702,165 |
| Other Admin Support Serv | 561000 | $80,863,955 | $80,863,955 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $245,335,840 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $490,257 | TotalRevenueColumnAmt |
| Exclusion | $490,257 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,340 | TotalRevenueColumnAmt |
| Exclusion | $34,340 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $395,870 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $385,296 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $10,574 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,574 | TotalRevenueColumnAmt |
| Exclusion | $10,574 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $2,554 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$2,554 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,554 | TotalRevenueColumnAmt |
| Exclusion | -$2,554 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous | Desc |
| Business | 812900 | BusinessCd |
| Total Revenue Column | $2,665,546 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,665,546 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,665,546 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $249,647,567 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $248,001,386 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $532,617 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,162,236 | TotalAmt |
| Program Services | $5,162,236 | ProgramServicesAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,680 | TotalAmt |
| Program Services | $30,680 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,727,610 | TotalAmt |
| Program Services | $99,727,610 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,120,510 | TotalAmt |
| Program Services | $3,120,510 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,926,182 | TotalAmt |
| Program Services | $6,926,182 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,502,087 | TotalAmt |
| Program Services | $7,502,087 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,782,526 | TotalAmt |
| Program Services | $2,782,526 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $536,704 | TotalAmt |
| Program Services | $536,704 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,663 | TotalAmt |
| Program Services | $72,663 | ProgramServicesAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,000 | TotalAmt |
| Program Services | $74,000 | ProgramServicesAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $148,938 | TotalAmt |
| Program Services | $148,938 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,783,172 | TotalAmt |
| Program Services | $19,783,172 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,627,188 | TotalAmt |
| Program Services | $3,627,188 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,146,868 | TotalAmt |
| Program Services | $4,146,868 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,179,558 | TotalAmt |
| Program Services | $4,179,558 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,769 | TotalAmt |
| Program Services | $113,769 | ProgramServicesAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,476,686 | TotalAmt |
| Program Services | $3,476,686 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,781,568 | TotalAmt |
| Program Services | $20,781,568 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $488,542 | TotalAmt |
| Program Services | $488,542 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Machine Rental & Lease | $25,696,694 | $25,696,694 |
| Drugs and Medicine | $14,909,233 | $14,909,233 |
| Miscellaneous Expense | $13,115,038 | $13,115,038 |
| Intracompany | $9,314,737 | $9,314,737 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $245,717,189 | TotalAmt |
| Program Services | $245,717,189 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,187,318 | BOYAmt |
| EOY | $22,568,843 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,454,580 | BOYAmt |
| EOY | $18,389,478 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,527,391 | BOYAmt |
| EOY | $7,718,564 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $861,433 | BOYAmt |
| EOY | $783,547 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,215,795 | BOYAmt |
| EOY | $9,569,038 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $291,269,897 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $127,273,894 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,938,282 | BOYAmt |
| EOY | $163,996,003 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,034,263 | BOYAmt |
| EOY | $55,512,250 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,327,147 | BOYAmt |
| EOY | $71,354,141 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,546,209 | BOYAmt |
| EOY | $349,891,864 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,412,963 | BOYAmt |
| EOY | $43,498,775 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,453,937 | BOYAmt |
| EOY | $43,422,044 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,832,340 | BOYAmt |
| EOY | $55,310,149 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,031,174 | BOYAmt |
| EOY | $49,270,911 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,289,201 | BOYAmt |
| EOY | $124,724,484 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $290,019,615 | BOYAmt |
| EOY | $316,226,363 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,526,594 | BOYAmt |
| EOY | $33,665,501 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,526,594 | BOYAmt |
| EOY | $33,665,501 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,546,209 | BOYAmt |
| EOY | $349,891,864 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,930,378 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $7,208,529 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type3 Func Int | Yes (X) | SupportingOrgType3FuncIntInd |
| Supported Organizations | 12 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (12 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| Albany Medical Center Hospital | ||||
| 141338307 | 3 | Yes (true) | $0 | $188,343,222 |
| Albany Medical College | ||||
| 141338310 | 2 | Yes (true) | $0 | $34,925,759 |
| Albany Medical Center Kidskeller | ||||
| 222635792 | 2 | Yes (true) | $0 | $0 |
| Albany Medical Center Foundation | ||||
| 146023119 | 7 | Yes (true) | $0 | $352,230 |
| Columbia Memorial Hospital | ||||
| 141338373 | 3 | Yes (true) | $0 | $4,179,986 |
| Kaaterskill Commons Inc | ||||
| 205700964 | 7 | Yes (true) | $0 | $0 |
| Saratoga Hospital | ||||
| 141338547 | 3 | Yes (true) | $0 | $10,857,934 |
| Glens Falls Hospital | ||||
| 141338413 | 3 | Yes (true) | $0 | $7,058,058 |
| Glens Falls Hospital Foundation | ||||
| 141790805 | 3 | Yes (true) | $0 | $0 |
| Albany Visiting Nurse Home Care Ser | ||||
| 222778949 | 10 | Yes (true) | $0 | $0 |
| Visiting Nurse Assoc of Albany Inc | ||||
| 141340125 | 10 | Yes (true) | $0 | $0 |
| Visiting Nurses Foundation Inc | ||||
| 141653755 | 10 | Yes (true) | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 12 | SupportedOrganizationsTotalCnt |
| Other Support Sum | $245,717,189 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | false | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | Yes (true) | OrganizationChangeSuprtOrgInd |
| Substitution Beyond Org Cntl | false | SubstitutionBeyondOrgCntlInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timely Provided Documents | Yes (true) | TimelyProvidedDocumentsInd |
| Officers Close Relationship | Yes (true) | OfficersCloseRelationshipInd |
| Supported Org Voice Investment | Yes (true) | SupportedOrgVoiceInvestmentInd |
Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Test | Yes (X) | ActivitiesTestInd |
| Activities Further Exempt Prps | Yes (true) | ActivitiesFurtherExemptPrpsInd |
| Activities Engaged Org Invlmnt | Yes (true) | ActivitiesEngagedOrgInvlmntInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I: Additional Information | Line 12g:Glens Falls Hospital Foundation is a 12 Type III functionally integrated supporting organization organized and operated exclusively for the benfit of Glens Falls Hospital.Albany Visiting Nurse Home Care Services Group, Inc. is a 12 Type II supporting organization organized and operated exclusively for the benefit of Visiting Nurse Association of Albany, Inc.Visiting Nurses Foundation, Inc. is a 12 Type III functionally integrated supporting organization organized and operated exclusively for the benfit of Visiting Nurse Association of Albany, Inc. |
| Part IV, Section A, Line 5a: Details Of Added, Substitute, Or Removed Supported Orgs. | (i) Names and EINs of supported organizations added:The following supported organizations were added during the tax year: Glens Falls Hospital Foundation (EIN: 14-1790805)Albany Visiting Nurse Home Care Services Group, Inc. (EIN: 22-2778949)Visiting Nurse Association of Albany, Inc. (EIN: 14-1340125)Visiting Nurses Foundation, Inc. (EIN: 14-1653755)(ii) Reasons for such action:The above-listed organizations were added as supported organizations as a result of entering into affiliation agreements with Albany Med Health System.(iii) Authority under the organizations organizing document authorizing such action:The organizing document provides that the organization can add additional supported organizations.(iv) How the action was accomplished:The action was accomplished by amendment to organizations organizing documents. |
| Part IV, Section D, Line 3: Role The Organization's Supported Orgs. Played | Each of Albany Med Health Systems directly supported organizations either (1) appoints one or more members of Albany Med Health Systems board, or (2) has at least one officer or director that sits on Albany Med Health Systems board which, as a result, gives each supported organization a significant voice in the Systems investment policies and in directing the use of the Systems income or assets at all times during the tax year. |
| Part IV, Section E, Line 2a: Identify Supported Orgs. and Explain How Activities Furthered Exempt Pu | Albany Med Health System supports the following organizations: Albany Medical Center Hospital, Albany Medical College, Albany Medical Center Kidskeller, Albany Medical Center Foundation, Inc., The Columbia Memorial Hospital, Kaaterskill Commons, Inc., The Saratoga Hospital, Glens Falls Hospital, Glens Falls Hospital Foundation, Albany Visiting Nurse Home Care Services Group, Inc., Visiting Nurse Association of Albany, Inc., and Visiting Nurses Foundation, Inc. The Albany Med Health System directly furthers the exempt purposes of these supported organizations by coordinating their activities and engaging in overall planning, policy development, budgeting, resource allocation, and administrative support (including accounting and finance, risk management, legal and compliance) for these organizations. These activities constitute substantially all of Albany Med Health Systems activities. |
| Part IV, Section E, Line 2b: Reasons For The Organization's Position | The activities described in Line 2a constitute activities that, but for Albany Med Health Systems involvement, would have had to be carried on by the supported organizations themselves, either on their own behalf or to act together as an integrated hospital system. In other words, management oversight, budgeting, resource allocation, policy development, and administrative functions such as accounting and finance, risk management, legal and compliance are all activities that Albany Med Health Systems supported organizations would have to carry out themselves were it not for the System. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form4720 Filed Section4955 Tax | false | Form4720FiledSection4955TaxInd |
| Correction Made | false | CorrectionMadeInd |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | Yes (true) | MailingsMembersInd |
| Mailings Members | $1,719 | MailingsMembersAmt |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $72,281 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $74,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
| Form4720 Filed4912 Tax | false | Form4720Filed4912TaxInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $1,100,000 | ContributionsAmt |
| Investment Earnings Or Losses | $45,635 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $14,145 | OtherExpendituresAmt |
| End Year Balance | $1,131,490 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,538,579 | OtherCostOrOtherBasisAmt |
| Book Value | $11,538,579 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $108,734,756 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,885,570 | DepreciationAmt |
| Book Value | $81,849,186 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $50,319,670 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,495,016 | DepreciationAmt |
| Book Value | $23,824,654 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $87,127,190 | OtherCostOrOtherBasisAmt |
| Depreciation | $57,797,142 | DepreciationAmt |
| Book Value | $29,330,048 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $33,549,702 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,096,166 | DepreciationAmt |
| Book Value | $17,453,536 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $163,996,003 | TotalBookValueLandBuildingsAmt |
| Total Book Value Program Rltd | $55,512,250 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Derivative Rates - Long-term | $3,302,705 |
| Equity in Midstate Partners | $1,009 |
| Equity in Saratoga Partners North Realty | $59,124 |
| Interinstitutional Receivables - Current | $4,759,564 |
| Interinstitutional Receivables - LT | $62,193,505 |
| Workers Compensation LT | $1,038,234 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $71,354,141 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Accrued abatement costs | $120,124 |
| Deferred revenue | $2,998,465 |
| Interinstitutional Payables - Current | $16,925,862 |
| Interinstitutional Payables - LT | $103,378,876 |
| Workers Compensation LT | $1,301,157 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $124,724,484 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $258,582,966 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $8,935,399 | OtherRevenueAmt |
| Revenue Not Reported | $8,935,399 | RevenueNotReportedAmt |
| Revenue Subtotal | $249,647,567 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $249,647,567 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $247,729,590 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $2,012,401 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,012,401 | ExpensesNotReportedAmt |
| Expenses Subtotal | $245,717,189 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $245,717,189 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV, Line 2b: Explanation of escrow account liability | Albany Med Health System has a deferred compensation program. |
| Part V, Line 4: Intended uses of the endowment fund. | The Albany Med Health System's endowment consists of approximately 2 individual funds established for donor-restricted endowment funds. The Albany Med Health System has a spending rate policy to provide a predictable stream of funding to the programs supported by its endowments. This policy calls for a weighted average calculation of the endowment market value over the past thirteen quarters. 5% (annual) of this weighted average is then allocated to the programs supported for use in accordance with the endowed restrictions. The calculation and allocation of funds occurs on a quarterly basis. Spending from the endowments is restricted for various purposes. A significant portion of the endowment funds are used to provide scholarships and financial assistance to medical students. Other uses of the endowments include, but are not limited to, creation and funding of department chairs and professorships, support for research activities and support for fellowships. |
| Part X : FIN48 Footnote | s) Income TaxesWith the exception of Madison Avenue Services Corporation, Albany Med Subs, LLC, Albany Medical Park South I, LLC, Columbia Regional, PLLC, Saratoga Partners North, LLC, Saratoga Partners North Realty, LLC, Better Health for Northeast New York, Inc., and Visiting Nurse Association of Albany Home Care Corporation, all entities comprising the System are not-for-profit corporations under Section 501(c)(3) of the Internal Revenue Code (the Code) and are exempt from federal income taxes pursuant to Section 501(a) of the Code. Better Health for Northeast New York, Inc. is a 501(c)(6) not-for-profit corporation. Income taxes associated with Madison Avenue Services Corporation and Visiting Nurse Association of Albany Home Care Corporation are not material to the combined financial statements. In addition, Albany Medical Park South I, LLC, Albany Med Subs, LLC, and Columbia Regional, PLLC are limited liability companies, which are disregarded entities for income tax purposes. Saratoga Partners North, LLC and Saratoga Partners North Realty, LLC are limited liability companies organized as partnerships and do not make any material provision for income taxes. The System recognizes income tax positions when it is more likely than not that the position will be sustainable based on the merits of the position. Management has concluded that there are no uncertain tax positions that need to be recorded as of December 31, 2022 and 2021. |
| Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 | Pension Related Changes $-361649 Interest Rate Swaps $7570178 Rev. of Cons. Affiliate inc. Elimination $1726870 |
| Part XII, Line 2d: Other expenses and losses per audited F/S | Exp. of Cons. Affiliate inc. Elimination $2012401 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alan S Boulos MD | ||||||||||||||
| EVP & Dean Albany Medical College | $987,747 | $38,750 | $36,190 | $12,200 | $24,326 | $1,099,213 | ||||||||
| Dennis P McKenna MD | ||||||||||||||
| President & CEO | $1,001,867 | $432,438 | $65,201 | $262,698 | $29,133 | $1,791,337 | $33,233 | |||||||
| Ferdinand J Venditti Jr MD | ||||||||||||||
| EVP System Care Delivery-VDEANCLNAF | $154,632 | $199,861 | $210,454 | $12,200 | $5,586 | $582,733 | $68,466 | |||||||
| Frances S Albert | ||||||||||||||
| EVP COO & CFO | $766,513 | $247,063 | $106,390 | $80,981 | $13,487 | $1,214,434 | $56,478 | |||||||
| James J Barba | ||||||||||||||
| Board Member | $160,000 | $1,750 | $161,750 | |||||||||||
| Kristopher P Kusche | ||||||||||||||
| SVP & CIO | $455,196 | $50,000 | $690 | $52,952 | $23,600 | $582,438 | ||||||||
| Matthew C Jones | ||||||||||||||
| EVP & General Counsel | $514,747 | $177,742 | $34,287 | $59,396 | $22,011 | $808,183 | $20,748 | |||||||
| Matthew I Cooper | ||||||||||||||
| VP Finance | $304,949 | $51,969 | $45,514 | $12,200 | $4,680 | $419,312 | ||||||||
| Noel C Hogan | ||||||||||||||
| SVP Corp Complianc | $256,308 | $63,162 | $27,244 | $32,145 | $22,528 | $401,387 | $23,818 | |||||||
| Peter Paige MD | ||||||||||||||
| EVP AMHS & Hosp General Director | $408,364 | $20,000 | $496 | $9,150 | $13,558 | $451,568 | ||||||||
| Sandra J Castilla | ||||||||||||||
| VP Human Resources | $327,368 | $25,000 | $2,279 | $9,150 | $23,922 | $387,719 | ||||||||
| Steven M Frisch MD | ||||||||||||||
| SR Exec VP Integrated Deliv System | $530,371 | $245,221 | $534,407 | $50,914 | $24,014 | $1,384,927 | $87,937 | |||||||
| Steven M Parnes MD | ||||||||||||||
| Board Member | $730,999 | $21,474 | $9,150 | $24,722 | $786,345 | |||||||||
| Victor Becker | ||||||||||||||
| SVP & CHIO | $343,173 | $10,000 | $345 | $9,150 | $4,564 | $367,232 | ||||||||
| Vincent Verdile MD | ||||||||||||||
| Dean Emeritus | $695,025 | $245,140 | $496,956 | $72,208 | $21,084 | $1,530,413 | $87,414 | |||||||
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| City of Albany CRC 2014A | |||||||
| A | 273467899 | 2014-12-09 | $20,000,000 | Renovations/Construction | false | false | false |
| City of Albany CRC 2014B | |||||||
| B | 273467899 | 2014-12-09 | $5,000,000 | Renovations/Construction | false | false | false |
| City of Albany CRC 2014A | |||||||
| C | 273467899 | 2019-11-25 | $19,929,401 | RefundCity of Albany CRC 2014A | false | false | false |
| City of Albany CRC 2017A | |||||||
| D | 273467899 | 2017-11-15 | $2,625,000 | RefundCity of Albany IDA 2006A | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $2,521,443 | $20,000,000 | $400,000 | $19,600,000 | 2016 | false | false | Yes (true) | Yes (true) | |
| B | $519,573 | $5,000,000 | $5,000,000 | 2016 | false | false | Yes (true) | Yes (true) | ||
| C | $1,163,429 | $19,929,401 | 2019 | Yes (true) | Yes (true) | Yes (true) | Yes (true) | $19,929,401 | ||
| D | $2,625,000 | 2017 | Yes (true) | false | Yes (true) | Yes (true) | $2,625,000 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | false | false | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | false | false | false | Yes (true) |
| C | false | false | Yes (true) | Yes (true) | false | false | false | Yes (true) |
| D | false | false | Yes (true) | Yes (true) | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Key Bank | |||||||||||
| A | false | false | false | Yes (true) | Yes (true) | 25.0000 | false | false | false | false | Yes (true) |
| (no name) | |||||||||||
| B | false | false | false | Yes (true) | false | false | false | Yes (true) | |||
| Key Bank | |||||||||||
| C | false | Yes (true) | false | false | Yes (true) | 26.5800 | false | false | false | false | Yes (true) |
| (no name) | |||||||||||
| D | false | false | false | Yes (true) | false | false | false | Yes (true) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part VI | FormAndLineReferenceDesc |
| Explanation | Part I, Line C, Column f - issued 12/09/2014.Part I, Line D, Column f - issued 5/03/2006.Part I, Line A, Column f - issued 6/28/2007.Part II, Line 1, Columns A-D - Total proceeds of issue less amount of bonds retired will not equal Form 990, Part X, Line 20 because the Balance Sheet amount is presented net of deferred financing costs. Part II, Line 11, Columns A-D - Total proceeds were used to refund the prior issued bonds referenced in Part 1 Column f. Part III, Line 3a, Columns A-D - Albany Med Health System has incidental management and service contracts in various financed areas therefore no contracts are considered to result in private business use within the bond financed property group.Part IV, Line 2c, Columns A-B - Rebate calculations performed on 12/09/2019.Part IV, Line 2c, Columns D-A - Rebate calculations performed on 11/15/2022. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | City of Albany CRC 2017C | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 273467899 | BondIssuerEIN |
| Bond Issued | 2017-11-15 | BondIssuedDt |
| Issue Price | $1,750,000 | IssuePriceAmt |
| Purpose | RefundCity of Albany IDA 2007A | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $770,000 | RetiredAmt |
| Total Proceeds | $1,750,000 | TotalProceedsAmt |
| Other Spent Proceeds | $1,750,000 | OtherSpentProceedsAmt |
| Substantial Completion | 2017 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (true) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (true) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (true) | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | Yes (true) | NoRebateDueInd |
| Hedge Identified In Bks And Rec | Yes (true) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bank of America | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 9.5000 | TermOfHedgePct |
| Superintegrated Hedge | false | SuperintegratedHedgeInd |
| Hedge Terminated | false | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Antoinette Bishop | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Family Mbr | RelationshipDescriptionTxt |
| Transaction | $30,680 | TransactionAmt |
| Transaction | Employment | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part V Supplemental Information | FormAndLineReferenceDesc |
| Explanation | Antoinette Bishop is the sister of James J. Barba, Board Member. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4d | OTHER PROGRAM SERVICES 4: Materials Management: Centralized supply related operations for the Albany Med Health System. OTHER PROGRAM SERVICES 5: Other Administrative Support Services: The Albany Med Health System coordinates planning, financial, information and policy direction for our affiliated exempt organizations. |
| Form 990, Part VI, Section A, Line 4 | AMHS Certificate of Incorporation was amended 3/3/22. |
| Form 990, Part VI, Section B, Line 11b | The Board of Directors, through its Audit Committee, engages a prominent accounting firm, KPMG, to conduct a review of its tax return for compliance with IRS regulations. The Audit Committee engages KPMG as paid preparer to ensure accuracy of filings and raise for discussion issues or concerns that are considered significant. Issues or concerns are raised with management and brought to the attention of the Audit Committee throughout the year as warranted and required. Our process also includes a review of returns by senior management and a presentation and review of the returns at a meeting of the Audit Committee of the Board of Directors. |
| Form 990, Part VI, Section B, Line 12c | The Board of Directors of the Albany Med Health System adopted a System-wide Conflict of Interest Policy applicable to all entities over which the Albany Med Health System, directly or indirectly, has direction and control. All candidates for Board membership and Board Committee membership receive a copy of the Albany Med Health System Conflict of Interest Policy and a link to the electronic Conflict of Interest questionnaire for completion. Actual or potential conflicts reported are reviewed by the Committee on Audit and Compliance of the Board of Directors and appropriate action is taken to mitigate conflicts.Upon hire, all employees receive compliance education which explains the Conflict of Interest Policy and the requirement to report any actual or potential conflicts. All employees also receive refresher education regarding the Policy and a reminder about the reporting requirement as part of their mandatory annual education. All employees are responsible for notifying System management of any potential conflicts in addition to responding to request for information if requested. Persons holding significant management positions receive a link to the electronic Conflict of Interest questionnaire for completion. Any conflicts which are reported or discovered are reviewed by the Albany Med Health System Corporate Compliance and Audit Department and appropriate action is taken to mitigate the conflict. Employees who violate the Conflict of Interest Policy are subject to corrective action following the authorized administrative and governance processes of the System and its affiliates. |
| Form 990, Part VI, Section B, Line 15b | The Compensation Committee of the Board of Directors ("Committee") establishes compensation for the President and Chief Executive Officer of the organization, all Executive Vice Presidents and other top management officials who report directly to the President and Chief Executive Officer, subject to approval by the Board of Directors. The Committee uses professional compensation advisors who are capable of rendering independent advice and independent market surveys. The Committee targets the market median (50th percentile) for cash compensation; benefit programs are intended to be competitive. After the compensation program is determined, the Committee-approved recommendation is forwarded to the Board of Directors for its consideration and approval, and that is contemporaneously substantiated. |
| Form 990, Part VI, Section C, Line 19 | Documents are made available upon request. |
| Form 990, Part XI, Line 9 | Change in fair value of interest rate swaps = $7570178 |
| Form 990, Part XI, Line 9 | Effect of adoption of provisions of FASB #158 = -$361649 |
| Form 990 Part VII - Estimate of average hours to related organizations | Hours reported for Board Members, Officers and Key Employees are average work hours related to this organization and its related organizations. Organizations included in this relationship are Albany Med Health System, Albany Medical Center Hospital, Albany Medical College, Albany Medical Center Foundation, Center for Donation and Transplant, Kidskeller Inc., Better Health for Northeast New York Inc., Columbia Memorial Hospital, Kaaterskill Commons Inc., Columbia Memorial Health Foundation, The Second Show Inc., Saratoga Hospital, Saratoga Regional Medical PC, Saratoga Care Inc., Healthcare Partners of Saratoga LTD. (d/b/a Malta Med Emergent Care or MMEC), Glens Falls Hospital, Glens Falls Hospital Foundation, Albany Visiting Nurse Home Care Services Group, Inc., Visiting Nurse Association of Albany, Inc., and Visiting Nurses Foundation, Inc. |
| Statement Note 1 | KPMG LLP is the paid preparer of this return. Albany Med Health System is not the paid preparer however due to a software limitation we are unable to change the firm name, EIN, address, and phone number in the software. All other information besides firm name, EIN, address, and phone number presented in the Paid Preparer section is correct. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Total IncomeTotalIncomeAmt |
|---|---|---|---|---|---|---|---|---|
| Albany Medical Park South I LLC | ||||||||
| 43 New Scotland Ave | Albany | NY | 12208 | 473716279 | Real Estate | NY | Albany Med Health System | |
| Albany Med Subs LLC | ||||||||
| 43 New Scotland Ave | Albany | NY | 12208 | 813575709 | Restaurant | NY | Albany Med Health System | -$215,915 |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (20 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Albany Medical Center Hospital | |||||||||||
| 43 New Scotland Ave | Albany | NY | 12208 | 141338307 | Hospital Services | NY | 501(c)(3) | 3 | N/A | false | |
| Albany Medical College | |||||||||||
| 47 New Scotland Ave | Albany | NY | 12208 | 141338310 | Medical Degree Programs | NY | 501(c)(3) | 2 | N/A | false | |
| Albany Medical Center Foundation | |||||||||||
| 47 New Scotland Ave | Albany | NY | 12208 | 146023119 | Fundraising | NY | 501(c)(3) | 7 | N/A | false | |
| Albany Medical Center Kidskeller | |||||||||||
| 47 New Scotland Ave | Albany | NY | 12208 | 222635792 | Education Day Program | NY | 501(c)(3) | 2 | Yes (true) | Albany Med Health System | |
| Center for Donation and Transplant | |||||||||||
| 218 Great Oaks Blvd | Albany | NY | 12203 | 141820447 | Organ and Tissue Bank | NY | 501(c)(3) | 12 Type I | false | Albany Medical College | |
| Better Health for Northeast New York Inc | |||||||||||
| 43 New Scotland Ave | Albany | NY | 12208 | 811861104 | Delivery System Reform Incentive Payment | NY | 501(c)(6) | false | Albany Medical Center Hospital | ||
| Columbia Memorial Hospital | |||||||||||
| 71 Prospect Ave | Hudson | NY | 12534 | 141338373 | Hospital Services | NY | 501(c)(3) | 3 | N/A | false | |
| Kaaterskill Commons Inc | |||||||||||
| 163 Jefferson Heights | Catskill | NY | 12414 | 205700964 | Low-Income Housing | NY | 501(c)(3) | 7 | false | Columbia Memorial Hospital | |
| Columbia Memorial Health Foundation | |||||||||||
| 71 Prospect Ave | Hudson | NY | 12534 | 141761112 | Fundraising | NY | 501(c)(3) | 10 | false | Columbia Memorial Hospital | |
| The Second Show Inc | |||||||||||
| 519 Warren Street | Hudson | NY | 12534 | 141796715 | Thrift Shop | NY | 501(c)(3) | 7 | false | Columbia Memorial Hospital | |
| Saratoga Hospital | |||||||||||
| 211 Church Street | Saratoga Springs | NY | 12866 | 141338547 | Hospital Services | NY | 501(c)(3) | 3 | N/A | false | |
| Saratoga Regional Medical PC | |||||||||||
| 211 Church Street | Saratoga Springs | NY | 12866 | 472468259 | Healthcare Services | NY | 501(c)(3) | 3 | false | Saratoga Hospital | |
| Saratoga Care Inc | |||||||||||
| 211 Church Street | Saratoga Springs | NY | 12866 | 141775218 | Promoting Health | NY | 501(c)(3) | 12 Type II | false | Saratoga Hospital | |
| Healthcare Partners of Saratoga Ltd MMEC | |||||||||||
| 211 Church Street | Saratoga Springs | NY | 12866 | 453303309 | Emergent Care | NY | 501(c)(3) | 3 | N/A | false | |
| Glens Falls Hospital | |||||||||||
| 100 Park Street | Glens Falls | NY | 12801 | 141338413 | Hospital Services | NY | 501(c)(3) | 3 | N/A | false | |
| Glens Falls Medical PLLC | |||||||||||
| 100 Park Street | Glens Falls | NY | 12801 | 823943636 | Physicians | NY | 501(c)(3) | 10 | false | Glens Falls Hospital | |
| Glens Falls Hospital Foundation | |||||||||||
| 100 Park Street | Glens Falls | NY | 12801 | 141790805 | Fundraising | NY | 501(c)(3) | 10 | false | Glens Falls Hospital | |
| Albany Visiting Nurse Home Care Services | |||||||||||
| 35 Colvin Avenue | Albany | NY | 12206 | 222778949 | Support | NY | 501(c)(3) | 12 Type II | N/A | false | |
| Visiting Nurse Association of Albany | |||||||||||
| 35 Colvin Avenue | Albany | NY | 12206 | 141340125 | Home Health | NY | 501(c)(3) | 10 | false | Albany Visiting Nurse Home Care Services | |
| Visiting Nurses Foundation Inc | |||||||||||
| 35 Colvin Avenue | Albany | NY | 12206 | 141653755 | Fundraising | NY | 501(c)(3) | 12 Type III FI | false | Albany Visiting Nurse Home Care Services | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Madison Avenue Services Corp | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 47 New Scotland Ave MC 116 | AddressLine1Txt |
| City | Albany | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12208 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141665610 | EIN |
| Primary Activities | Services - Other (Inactive) | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Albany Med Health Sy | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C Corp | EntityTypeTxt |
| Share Of EOY Assets | $4,530 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Albany Medical Center Kidskeller | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | r | TransactionTypeTxt |
| Involved | $241,427 | InvolvedAmt |
| Method Of Amount Determination | Book Value | MethodOfAmountDeterminationTxt |