2013-11-15T14:03:49-08:00 2012-12-31 KPMG LLP 515 Broadway Albany NY 12207 990 2012-01-01 141641730 Albany Medical Center ALBA 5182625585 47 New Scotland Ave MC116 Albany NY 12208 William Hasselbarth 2013-11-15 false 2012 2016-02-25 16:41:14Z 125927773 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. 28 26 1459 27 -29185 -29185 75 294895 117703918 124897340 -65184 -116589 405729 582815 118044538 125658461 0 0 67252360 69660829 0 0 47573272 53177846 114825632 122838675 3218906 2819786 165336895 188520979 162980029 181715307 2356866 6805672 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 believe to continually 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 ser false false 30646910 41648253 Financial Management: Centralized corporate finance related operations for the Center and affiliated exempt organizations. 30206386 34396643 Other Administrative Support Services: The Center coordinates planning, financial, information and policy direction for our affiliated exempt organizations. 25197174 12687499 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. 36788205 36693802 122838675 true true 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 447 0 true 1459 true true true CJ false false false false false 0 false false false false false false false false false false X 28 26 false false false false false false false true true false false false true true true true true true true false NY X Frances M Albert CPA 5182625585 47 New Scotland Ave Albany NY 12208 Todd M Tidgewell 2.00 6.00 X 0 0 0 Jeffrey Stone 2.00 6.00 X 0 0 0 Candace King Weir 2.00 6.00 X 0 0 0 Ronald D'Alessandro 2.00 6.00 X 0 0 0 Jeffrey Sperry 2.00 6.00 X 0 0 0 John J Nigro 2.00 6.00 X 0 0 0 Steven M Parnes MD 2.00 6.00 X 0 0 0 John B O'Connor 2.00 6.00 X 0 0 0 Janice Smith 2.00 6.00 X 0 0 0 Omar Usmani 2.00 6.00 X 0 0 0 Lillian Moy Esq 2.00 6.00 X 0 0 0 James O Jackson PhD 2.00 6.00 X 0 0 0 Doug Hamlin 2.00 6.00 X 0 0 0 Robert J Higgins 2.00 6.00 X 0 0 0 Peter H Heerwagen 2.00 6.00 X 0 0 0 David Golub 2.00 6.00 X 0 0 0 Daniel T Pickett III 2.00 6.00 X 0 0 0 Marc N Fecteau CPA 2.00 6.00 X 0 0 0 Michael K Burke 2.00 6.00 X 0 0 0 R Wayne Diesel 2.00 6.00 X 0 0 0 Joyce M DeFazio 2.00 6.00 X 0 0 0 Robert T Cushing 2.00 6.00 X 0 0 0 Peter H Elitzer 2.00 6.00 X 0 0 0 W Michael Reickert 2.00 6.00 X 0 0 0 John B Robinson Jr 2.00 6.00 X 0 0 0 Margaret Gillis 2.00 6.00 X 0 0 0 Raimundo C Archibold Jr 2.00 6.00 X 0 0 0 James J Barba 15.00 25.00 X X 967303 0 271858 William C Hasselbarth 4.00 36.00 X 507939 0 115484 Gary J Kochem 24.00 16.00 X 496811 0 117466 George T Hickman 40.00 0.00 X 423886 0 95999 Vincent Verdile MD 2.00 38.00 X 0 613589 162091 Steven M Frisch MD 6.00 34.00 X 502705 128000 142309 Donald Stichter 40.00 2.00 X 252058 0 14277 Kimberly Fine 40.00 0.00 X 272249 0 62026 Kenneth Colloton 40.00 0.00 X 207707 0 57593 Lee Hessberg 40.00 0.00 X 319459 0 68711 Catherine Halakan 40.00 2.00 X 269085 0 52475 4219202 741589 1160289 52 false true false Siemens Medical Solutions PO Box 75571 Charlotte NC 28275 IT Support Services 7004193 Navigant Consulting Inc 4511 Paysphere Circle Chicago IL 60674 Consulting 1404783 Maynard OConnor Smith and Catalinotto 6 Tower Place Albany NY 122033725 Legal Services 1620555 Deloitte Consulting LLP PO Box 7247-6447 Philadelphia PA 191706447 Consulting 3346907 Aramark Healthcare Services 24863 Network Place Chicago IL 606731248 Food Service 1523153 41 294895 294895 Other Admin Support Serv 561000 33867786 33867786 Materials Management 561000 19700571 19700571 Informat'n System/Service 561000 12687499 12687499 Financial Management 561000 41648253 41648253 Building Operation 561000 16993231 16993231 124897340 -66207 -66207 88 88 0 270600 216642 53958 53958 -29185 83143 2200 52670 -50470 -50470 -50470 0 0 0 Miscellaneous 812900 528857 528857 528857 125658461 125426197 -29185 -33446 X 0 0 0 0 3121732 3121732 23376 23376 55156434 55156434 1238189 1238189 5897978 5897978 4223120 4223120 2113175 2113175 229702 229702 93869 93869 191851 191851 0 89620 89620 14193877 14193877 1578719 1578719 2098460 2098460 0 0 4882192 4882192 140779 140779 0 0 2723087 2723087 0 14518492 14518492 223684 223684 Miscellaneous Expense 691335 691335 Intracompany 1322742 1322742 Machine Rental & Lease 8086262 8086262 0 122838675 122838675 0 0 14547569 16855131 10578226 12771328 0 65882 37269 0 0 0 137497 0 2264153 2841313 185620726 84575407 94984687 101045319 0 0 8943763 11902506 0 33815118 43068113 165336895 188520979 18385111 20235516 6295000 6015000 8356787 11276141 47040570 46013870 82902561 98174780 162980029 181715307 X 2356866 6805672 2356866 6805672 165336895 188520979 X 2819786 1629020 X false true X true true true X X false false false Center for Donation and Transplant 141820447 13 true true true 803943 Albany Medical Center Foundation 146023119 13 true true true 169609 Albany Medical Center Kidskeller 222635792 6 true true true 0 Albany Medical College 141338310 6 true true true 16780964 Albany Medical Center Hospital 141338307 7 true true true 105084159 5 122838675 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false true false true 1279 false false true 190572 false false 191851 false false false true X 6419320 6419320 49980856 8322568 41658288 20234833 7921352 12313481 79958808 59209947 20748861 29026909 9121540 19905369 101045319 11902506 Workers Compensation LT 50571 Interinstitutional Receivables - LT 41241310 Interinstitutional Receivables - Current 597920 Equity in Midstate Partners 1009 Deferred Finance Costs 977514 Deferred Finance Costs 199789 43068113 Workers Compensation LT 152958 Long Term Pension Costs 3096511 Interinstitutional Payables - Long-term 62947723 Interinstitutional Payables - Current 28663188 Derivative Rates - Long-term 2569723 Deferred revenue 526633 Accrued abatement costs 218044 98174780 X 128784920 3126459 3126459 125658461 125658461 124458000 1619325 1619325 122838675 122838675 Part XII, Line 2d Part XII, Line 2d: Other expenses and losses per audited F/S Exp. of Cons. Affiliate inc. Elimination $1619325 Part XI, Line 2d Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Pension Related Changes $1567231 Interest Rate Swaps $61789 Rev. of Cons. Affiliate inc. Elimination $1497439 Part X 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, 2012 and 2011. Part IV, Line 2b Part IV, Line 2b: Explanation of escrow account liability Albany Medical Center has a deferred compensation program. X X X X X false false false false false false false false false false William C Hasselbarth 360230 106625 41084 99362 16122 623423 71701 Vincent Verdile MD 457730 115327 40532 148375 13716 775680 95327 Steven M Frisch MD 464860 128000 37845 129215 13094 645014 128000 89393 Lee Hessberg 236471 41904 41084 55238 13473 388170 34685 Kimberly Fine 213622 42938 15689 50845 11181 334275 35541 Kenneth Colloton 184294 23413 42388 15205 265300 James J Barba 651081 275000 41222 268273 3585 1239161 227622 George T Hickman 317059 89275 17552 80609 15390 519885 57340 Gary J Kochem 366068 89369 41374 105238 12228 614277 73972 Donald Stichter 217930 34128 10000 4277 266335 Catherine Halakan 191201 36800 41084 47870 4605 321560 30460 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 D City of Albany IDA 521325673 2010-03-19 10255900 Acquisition and renovation false false false C City of Albany IDA 521325673 2009-10-09 25000000 Acquisition and renovation 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 A City of Albany Industrial Development Agency 521325673 012440HC0 2006-05-03 4800000 Acquisition and renovation of land, facilities and machinery false false false D 10255900 205000 10050900 2010 false false true true C 25000000 499646 24500354 2010 false false true true B 3020000 104906 57790 2857304 2007 false false true true A 4800000 154211 4645789 2007 false false true true D false false false false false false true C false false false false false false true B false false false false false false true A false false false false false false true D true false false false true C true false false false true B true true Bank of America 20.0000 false false false false true A true true Citizens 20.0000 false false false false true D true C true B true A true Kathryn Stone Family Mbr 23376 Employment false Kathryn Stone is the daughter of Jeffrey Stone, Board Member and is employed by the Center. 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. Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Effect of adoption of provisions of FASB #158 = $1567231 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Change in fair value of interest rate swaps = $61789 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Documents are made available upon request. Form 990, Part VI, Line 15b 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 12c 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 11b 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 III, Line 4d 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. 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 Albany Medical Center Kidskeller 47 New Scotland Avenue Albany NY 12208 222635792 Education Day Program NY 501(c)(3) 2 Albany Medical Center true Albany Medical Center Foundation 47 New Scotland Avenue Albany NY 12208 146023119 Fundraising NY 501(c)(3) 7 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 Hospital 43 New Scotland Avenue Albany NY 12208 141338307 Hospital Services NY 501(c)(3) 3 N/A false false false false false false false false false false true true true false false false true true true true Albany Medical Center Kidskeller r 425485 Book Value Albany Medical Center Kidskeller q 87755 Book Value