2014-11-14T10:27:43-08:00 2013-12-31 KPMG LLP 515 Broadway Albany NY 12207 990 2013-01-01 146023119 Albany Medical Center Foundation Inc ALBA 5182625585 47 New Scotland Ave MC116 Albany NY 12208 William Hasselbarth Exec VP & CFO 2014-11-14 true Mary-Evelyn Antonetti P00431862 5184274600 2013 2015-11-30 17:44:51Z 19572263 false false X www.amc.edu/foundation X 1957 NY An academic health sciences center whose responsibilities are to provide a broad range of patient services to the people of eastern New York and western New England. 25 23 31 23 0 12450745 15655424 0 82440 88222 514937 271772 13048122 16015418 8229831 13272380 0 2422852 2071649 0 2647526 1084091 1085304 11736774 16429333 1311348 -413915 24675172 26388984 7573334 9249302 17101838 17139682 An academic health sciences center whose responsibilities are: to educate medical students, physicians, biomedical students and other health care professional 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 center. 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. W false false 13272380 13272380 650000 The Foundation's primary function is to raise funds for construction, research, support and endowment purposes for exempt organizations, including Albany Medical College, Albany Medical Center Hospital, Albany Medical Center, AMC Alumni Association, and Center for Donation and Transplant, via direct mail - community based programs, telethon, radiothon, special events - golf outings, dinners, etc., plus gift-in-kind (GIK) donations. 13272380 true true false false false false false false true true true false true false true true false true false false false false false false true false false true false true false false false false false false false false false false false true false false false false true false false false false true 0 0 false 31 true false false false false false true true true true false 0 false false false false false false false false false false X 25 23 false false false false false false false true true false false false true true true true true true true false X Frances M Albert CPA 5182625585 47 New Scotland Ave Albany NY 12208 Michael K Burke Mbr thru 6/2013 2.00 6.00 X 0 0 0 James J Barba President & CEO 8.00 32.00 X X 0 1011879 315864 Raimundo C Archibold Jr Board Member 2.00 6.00 X 0 0 0 Robert T Cushing Chairman 2.00 6.00 X 0 0 0 Ronald D'Alessandro Mbr thru 3/2013 2.00 6.00 X 0 0 0 Joyce M DeFazio Board Member 2.00 6.00 X 0 0 0 R Wayne Diesel Board Member 2.00 6.00 X 0 0 0 Peter H Elitzer Vice Chair 2.00 6.00 X 0 0 0 Marc N Fecteau CPA Board Member 2.00 6.00 X 0 0 0 David Golub Board Member 2.00 6.00 X 0 0 0 Doug M Hamlin Vice Chair 2.00 6.00 X 0 0 0 Peter H Heerwagen Board Member 2.00 6.00 X 0 0 0 Robert J Higgins Board Member 2.00 6.00 X 0 0 0 Lillian Moy Board Member 2.00 6.00 X 0 0 0 John J Nigro Board Member 2.00 6.00 X 0 0 0 John B O'Connor Board Member 2.00 6.00 X 0 0 0 Steven M Parnes Board Member 2.00 46.00 X 0 600339 21825 W Michael Reickert Board Member 2.00 6.00 X 0 0 0 John B Robinson Jr Board Member 2.00 6.00 X 0 0 0 Janice Smith Board Member 2.00 6.00 X 0 0 0 Jeffrey Sperry Board Member 2.00 6.00 X 0 0 0 Jeffrey Stone Vice Chair 2.00 6.00 X 0 0 0 Todd M Tidgewell Board Member 2.00 6.00 X 0 0 0 Candace King Weir Board Member 2.00 6.00 X 0 0 0 Margaret Gillis Board Member 2.00 6.00 X 0 0 0 Daniel T Pickett III Board Member 2.00 6.00 X 0 0 0 Omar Usmani Board Member 2.00 6.00 X 0 0 0 James O Jackson Mbr thru 6/2013 2.00 6.00 X 0 0 0 Gary J Kochem Exec VP & COO 2.00 38.00 X 0 529284 141559 William C Hasselbarth Exec VP & CFO 1.00 39.00 X 0 539800 136137 Terri Cerveny Director 40.00 0.00 X 231375 0 15412 Veronica Fitzgerald VP Philanthropy 40.00 0.00 X 138206 0 3535 369581 2681302 634332 2 false true false Childrens Miracle Network 205 W 700 South Salt Lake City UT 84101 Fundraising 178593 1 1977264 13678160 3852428 15655424 0 5049 5049 0 0 0 2965377 2882204 83173 83173 83173 168515 1977264 674641 -506126 -506126 0 0 Auxiliary Var Activity 812900 3235 3235 Change in CSV 812900 201587 201587 College Support 650000 650000 -76924 -76924 777898 16015418 650000 -290006 13272380 13272380 0 0 0 0 0 1752573 244940 1507633 48404 48404 154242 154242 116430 116430 0 0 18733 18733 0 0 0 291079 291079 8050 8050 114354 114354 178504 178504 0 174721 174721 101894 101894 0 0 3862 3862 0 10778 10778 0 Taxes and fees 67250 67250 Equipment rental 54917 54917 Miscellaneous Expense 25761 25761 Bad debt exp 18809 18809 16592 16592 16429333 13272380 509427 2647526 1013157 3677122 8861196 7158760 9296067 9446835 0 0 0 0 0 141310 152660 292331 263965 39144 28366 0 0 5259156 5774075 0 65142 151166 24675172 26388984 363291 412049 2199678 2071547 5010365 6765706 7573334 9249302 X 97851 -521283 11116598 12128275 5887389 5532690 17101838 17139682 24675172 26388984 -413915 451759 X false true X true false X 6234750 7741554 9125172 12450745 15655424 51207645 0 0 6234750 7741554 9125172 12450745 15655424 51207645 1870863 49336782 -16809 347280 -88281 222508 129712 594410 0 2265 2719 2474 2220 3235 12913 51814968 8240049 0.95220 0.97870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 72045 3973 265 75753 70526 1775 256 72045 70508 198 180 70526 69398 1435 325 70508 70166 -117 651 69398 1.00000 false false false 18180 18111 69 274151 245854 28297 28366 5774075 Interinstitutional Payables 6765706 6765706 X 17717030 451759 705912 543941 1701612 16015418 16015418 17679186 705912 543941 1249853 16429333 16429333 Part IV, Line 2b: Explanation of escrow account liability Gift annuities Part V, Line 4: Intended uses of the endowment fund. Scholarships Part X : FIN48 Footnote r) Income TaxesWith the exception of Madison Avenue Services Corporation, all entities comprising the Albany Medical Center and Related Entities are not-for-profit corporations under Section 501(c)(3) of the Internal Revenue Code and are exempt from federal income taxes pursuant to Section 501(a) of the Code. The Center 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 at December 31, 2013 and 2012. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Special Events - direct expenses $543941 Part XII, Line 2d: Other expenses and losses per audited F/S Special Events - direct expenses $543941 false CH Telethon/Radiothon 814001 798641 15360 241283 Dance in the Woods 578102 495567 82535 215478 3 753676 683056 70620 217880 2145779 1977264 168515 674641 674641 -506126 true Albany Medical Center Hospita 47 New Scotland Ave Albany NY 12208 141338307 501 (c)(3) 3840482 0 Donor estimated value Fund research and healthcare Albany Medical College 47 New Scotland Ave Albany NY 12208 141338310 501 (c)(3) 9017345 0 Donor estimated value Fund scholarships, research AMC Alumni Association 47 New Scotland Ave Albany NY 12208 141468380 501 (c)(3) 410441 0 Donor estimated value Fund scholarships 3 0 Grantmaker's Description of How Grants are Used Review of activity, budget monitoring and report preparation and filings by Research Office, IRC departments and Sponsored Program/Financial Reporting departments. X X X X X false false false false false false false false false false Gary J Kochem Exec VP & COO 376286 110624 42374 127853 13706 670843 95237 James J Barba President & CEO 669657 300000 42222 310200 5664 1327743 258273 Steven M Parnes Board Member 555055 2807 42477 7650 14175 622164 Terri Cerveny Director 187948 26375 17052 15412 246787 22707 William C Hasselbarth Exec VP & CFO 373916 123800 42084 122058 14079 675937 89363 X 28 3031579 MV at donation X Equipment 1 732000 MV at donation X Books, Toys, and misc. gifts 1 88849 MV at donation false true false Form 990, Part VI, Line 11b: Form 990 Review Process The Board of Directors, through it's Audit Committee, engages a prominent accounting firm, KPMG, to conduct a review of it's 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. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts All candidates for Board membership and Board Committee membership receive a copy of the conflict of interest policy and conflict of interest questionnaire for completion. Actual or potential conflicts reported are reviewed by the Committee on Audit & Compliance of the Board of Directors and appropriate action is taken to mitigate conflicts.Upon hire, all employees receive an employee manual 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 Center management of any potential conflicts in addition to responding to requests for information if requested. Persons holding significant management positions receive a copy of the conflict of interest questionnaire for completion. Any conflicts which are reported or discovered are reviewed by the Corporate Compliance & Audit Dept. and appropriate action is taken to mitigate the conflict. Employees who violate the conflict of interest policy are subject to the institution's corrective action policies. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees 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, Line 19: Other Organization Documents Publicly Available Documents are made available upon request. 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 it's related organizations. Organizations included in this relationship are Albany Medical Center, Albany Medical Center Hospital, Albany Medical College, Albany Medical Center Foundation, Center for Donation and Transplant, and Kidskeller Inc. Albany Medical Center 47 New Scotland Ave Albany NY 12208 141641730 Corporate Services NY 501(c)(3) 11 Type II N/A false Albany Medical Center Hospital 43 New Scotland Ave Albany NY 12208 141338307 Hospital 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 Kidskeller 47 New Scotland Avenue Albany NY 12208 222635792 Educational Day Program NY 501(c)(3) 2 Albany Medical Center false Center for Donation and Transplant 218 Great Oaks Blvd Albany NY 12203 141820447 Organ and Tissue Bank NY 501(c)(3) 11 Type I Albany Medical College false false true false false false false false false false false true false false false false true true false true