2014-11-14T10:27:42-08:00 2013-12-31 KPMG LLP 515 Broadway Albany NY 12207 990 2013-01-01 141641730 Albany Medical Center 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 137363987 false false X www.amc.edu X 1982 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 22 1511 23 -25980 -25980 294895 0 124897340 136538948 -116589 -447370 582815 577500 125658461 136669078 0 0 69660829 72962981 0 0 53177846 63014383 122838675 135977364 2819786 691714 188520979 193334169 181715307 179628551 6805672 13705618 X An academic health sciences center 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 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. false false 36240078 38204345 Other Administrative Support Services: The Center coordinates planning, financial, information and policy direction for our affiliated exempt organizations. 31673475 44665322 Financial Management: Centralized corporate finance related operations for the Center and affiliated exempt organizations. 30261898 16445179 Information Systems & Services: Centralized maintenance and upgrade of various information systems and other computer support such as personal computer maintenance, education, etc. for the Center and affiliated exempt organizations. 37801913 37802227 135977364 true false false true false false false false true false true false true true true true false true false false false false false false false false false false false true true false false false false false false false false true false false false false false false true true true false false true 457 0 true 1511 true true true CJ false false false false false 0 false false false false false false false false false false X 25 22 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 James J Barba President & CEO 13.00 27.00 X X 1011879 0 315864 Raimundo C Archibold Jr Board Member 2.00 6.00 X 0 0 0 Margaret Gillis Board Member 2.00 6.00 X 0 0 0 John B Robinson Jr Board Member 2.00 6.00 X 0 0 0 W Michael Reickert Board Member 2.00 6.00 X 0 0 0 Peter H Elitzer Vice Chair 2.00 6.00 X 0 0 0 Robert T Cushing Chairman 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 Michael K Burke Mbr thru 6/2013 2.00 6.00 X 0 0 0 Marc N Fecteau CPA Board Member 2.00 6.00 X 0 0 0 Daniel T Pickett III Board Member 2.00 6.00 X 0 0 0 David Golub Board Member 2.00 6.00 X 0 0 0 Ronald D'Alessandro Mbr thru 3/2013 2.00 6.00 X 0 0 0 Doug Hamlin Vice Chair 2.00 6.00 X 0 0 0 Robert J Higgins Board Member 2.00 6.00 X 0 0 0 Lillian Moy Esq Board Member 2.00 6.00 X 0 0 0 Omar Usmani Board Member 2.00 6.00 X 0 0 0 Janice Smith 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 MD Board Member 2.00 46.00 X 0 600339 21825 John J Nigro Board Member 2.00 6.00 X 0 0 0 Jeffrey Sperry Board Member 2.00 6.00 X 0 0 0 James O Jackson PhD Mbr thru 6/2013 2.00 6.00 X 0 0 0 Candace King Weir 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 Peter H Heerwagen Board Member 2.00 6.00 X 0 0 0 Gary J Kochem Exec VP & COO 19.00 21.00 X 529284 0 141559 William C Hasselbarth Exec VP & CFO 3.00 37.00 X 539800 0 136137 Steven M Frisch MD ExecVP Hospital 10.00 30.00 X 518507 158476 162107 Vincent Verdile MD Exec VP & Dean 2.00 38.00 X 0 672758 162545 George T Hickman Exec VP & CIO 40.00 0.00 X 451029 0 117110 Kimberly Fine Exec VP & Chief Strategy Officer 40.00 0.00 X 303461 0 98653 Donald Stichter VP Facility Ops 40.00 2.00 X 305797 0 14679 Noel Hogan SVP CorpCompliance 40.00 0.00 X 216583 0 40174 Kenneth Colloton SVP CTR Innovation 40.00 0.00 X 278921 0 69386 Lee Hessberg General Counsel 40.00 0.00 X 339626 0 80380 Catherine Halakan SVP HR 40.00 2.00 X 286282 0 61930 4781169 1431573 1422349 59 false true false Maynard OConnor Smith and Catalinotto 6 Tower Place Albany NY 122033725 Legal Services 1641726 Deloitte Consulting LLP PO Box 7247-6447 Philadelphia PA 191706447 Consulting 1495226 Aramark Healthcare Services 24863 Network Place Chicago IL 606731248 Food Service 1696160 Acusis PO Box 951107 Cleveland OH 44193 Medical Transcript 1365641 Siemens Medical Solutions PO Box 75571 Charlotte NC 28275 IT Support Services 8626234 35 0 Building Operation 561000 17379128 17379128 Financial Management 561000 44665322 44665322 Informat'n System/Service 561000 16445179 16445179 Materials Management 561000 20423099 20423099 Other Admin Support Serv 561000 37626220 37626220 136538948 -66427 -66427 149 149 0 313192 313817 -625 -625 -25980 25355 381092 -381092 -381092 -381092 0 0 0 Miscellaneous 812900 578125 578125 578125 136669078 137117073 -25980 -422015 X 0 0 0 0 3646850 3646850 9144 9144 57914875 57914875 1189610 1189610 5766712 5766712 4435790 4435790 1903248 1903248 244396 244396 68716 68716 104032 104032 0 155873 155873 15781792 15781792 2103960 2103960 2488069 2488069 0 0 5067807 5067807 201507 201507 0 0 2554942 2554942 0 14554629 14554629 248903 248903 Machine Rental & Lease 9499918 9499918 Drugs and Medicine 5574046 5574046 Intracompany 1423616 1423616 Miscellaneous Expense 1038929 1038929 0 135977364 135977364 0 0 16855131 11554480 12771328 17245063 0 37269 56764 0 0 0 0 2841313 3074015 189645861 98083635 101045319 91562226 0 0 11902506 16031551 0 43068113 53810070 188520979 193334169 20235516 19105635 6015000 5715000 11276141 15370217 46013870 44965692 98174780 94472007 181715307 179628551 X 6805672 13705618 6805672 13705618 188520979 193334169 X 691714 6208232 X false true X true true true X X false false false Albany Medical Center Hospital 141338307 7 true true true 117413071 Albany Medical College 141338310 6 true true true 17515742 Albany Medical Center Kidskeller 222635792 6 true true true 0 Albany Medical Center Foundation 146023119 13 true true true 206476 Center for Donation and Transplant 141820447 13 true true true 842075 5 135977364 false false false true false true 1318 false false true 102714 false false 104032 false false false true X 11300538 11300538 50069750 10206282 39863468 20302772 9022162 11280610 85217720 67087796 18129924 22755081 11767395 10987686 91562226 16031551 Deferred Finance Costs 191226 Deferred Finance Costs 78972 Equity in Midstate Partners 1009 Interinstitutional Receivables - Current 731954 Interinstitutional Receivables - LT 49869832 Workers Compensation LT 2937077 53810070 Accrued abatement costs 572481 Deferred revenue 508240 Derivative Rates - Long-term 1555633 Interinstitutional Payables - Current 28597919 Interinstitutional Payables - Long-term 63084776 Workers Compensation LT 152958 94472007 X 144607584 7938506 7938506 136669078 136669078 137643121 1665757 1665757 135977364 135977364 Part IV, Line 2b: Explanation of escrow account liability Albany Medical Center has a deferred compensation program. 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 Pension Related Changes $5194083 Interest Rate Swaps $1014149 Rev. of Cons. Affiliate inc. Elimination $1730274 Part XII, Line 2d: Other expenses and losses per audited F/S Exp. of Cons. Affiliate inc. Elimination $1665757 X X X X X false false false false false false false false false false Catherine Halakan SVP HR 200210 43988 42084 57600 4330 348212 37870 Donald Stichter VP Facility Ops 219050 50000 36747 10200 4479 320476 Gary J Kochem Exec VP & COO 376286 110624 42374 127853 13706 670843 95237 George T Hickman Exec VP & CIO 340192 104920 5917 101880 15230 568139 73109 James J Barba President & CEO 669657 300000 42222 310200 5664 1327743 258273 Kenneth Colloton SVP CTR Innovation 205652 49237 24032 55145 14241 348307 42389 Kimberly Fine Exec VP & Chief Strategy Officer 229766 50348 23347 85410 13243 402114 43345 Lee Hessberg General Counsel 244995 52547 42084 66569 13811 420006 45238 Noel Hogan SVP CorpCompliance 165713 35278 15592 36400 3774 256757 30371 Steven M Frisch MD ExecVP Hospital 477014 158476 41493 148665 13442 680614 158476 119216 Steven M Parnes MD Board Member 555055 2807 42477 7650 14175 622164 Vincent Verdile MD Exec VP & Dean 472851 158375 41532 148611 13934 835303 138375 William C Hasselbarth Exec VP & CFO 373916 123800 42084 122058 14079 675937 89363 A City of Albany Industrial Development Agency 521325673 012440HC0 2006-05-03 4800000 Acquisition and renovation of land, facilities and machinery false false false B City of Albany Industrial Development Agency 521325673 012440JG9 2007-06-28 3020000 Acquisition and renovation of land, facilities and machinery false false false C City of Albany IDA 521325673 2009-10-09 25000000 Acquisition and renovation false false false D City of Albany IDA 521325673 2010-03-19 10255900 Acquisition and renovation false false false A 4800000 154211 4645789 2007 false false true true B 3020000 104906 57790 2857304 2007 false false true true C 25000000 499646 24500354 2010 false false true true D 10255900 205000 10050900 2010 false false true true A false false false false false false true B false false false false false false true C false false false false false false true D false false false false false false true A true true Citizens 20.0000 false false false false true B true true Bank of America 20.0000 false false false false true C true false false false true D true false false false true A true B true C true D true A City of Albany IDA 521325673 2010-03-19 4218094 Acquisition and renovation false false false A 4218094 84000 4134094 2010 false false true true A false false false false false false true A true false false false true A true Kathryn Stone Family Mbr 9144 Employment false Schedule L, Part V Supplemental Information Kathryn Stone is the daughter of Jeffrey Stone, Board Member and is employed by the Center. Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: Materials Management: Centralized supply related operations for the Center and affiliated exempt organizations. OTHER PROGRAM SERVICES 5: Other Administrative Support Services: The Center coordinates planning, financial, information and policy direction for our affiliated exempt organizations. 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. 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, 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. Other Changes In Net Assets Or Fund Balances - Other Increases Change in fair value of interest rate swaps = $1014149 Other Changes In Net Assets Or Fund Balances - Other Increases Effect of adoption of provisions of FASB #158 = $5194083 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 Hospital 43 New Scotland Avenue Albany NY 12208 141338307 Hospital Services NY 501(c)(3) 3 N/A false Albany Medical College 47 New Scotland Avenue Albany NY 12208 141338310 Medical Degree Programs NY 501(c)(3) 2 N/A false Albany Medical Center Foundation 47 New Scotland Avenue Albany NY 12208 146023119 Fundraising NY 501(c)(3) 7 N/A false Albany Medical Center Kidskeller 47 New Scotland Avenue Albany NY 12208 222635792 Education Day Program NY 501(c)(3) 2 Albany Medical Center true 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 false false false false false false false false true true true false false false true true true true Albany Medical Center Kidskeller q 87755 Book Value Albany Medical Center Kidskeller s 111652 Book Value