2023-05-01T13:48:58-05:00 2022-06-30 141555429 UHY ADVISORS NY INC 4 TOWER PLACE EXECUTIVE PARK 7TH FLOOR ALBANY NY 12203 990 2021-07-01 141423161 ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES ALBA 5186947216 106 NEW SCOTLAND AVE ALBANY NY 12208 MICHELE VIEN VICE PRESIDENT OF FINANCE 5186947216 2023-05-01 1 MICHELE VIEN 999009999 XIAOQIANG ZHANG P01577994 5184493166 2023-05-01 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MICHELE VIEN 106 NEW SCOTLAND AVE ALBANY NY 12208 79658045 0 X ACPHS.EDU X 1881 NY WE EDUCATE THE NEXT GENERATION OF LEADERS TO IMPROVE THE HEALTH OF OUR SOCIETY. 21 21 716 22 0 0 4473795 1575568 54781122 56605513 2551523 2323427 399050 739937 62205490 61244445 14515397 16192259 0 0 26836746 26656427 0 0 1603008 21531315 22224437 62883458 65073123 -677968 -3828678 159389370 143429386 38926375 38294727 120462995 105134659 X WE EDUCATE THE NEXT GENERATION OF LEADERS TO IMPROVE THE HEALTH OF OUR SOCIETY. 0 0 54356152 16053686 50592531 EDUCATIONAL PROGRAMS AND NEW VIBRANT BIOTECH HUB: LOCATED IN ALBANY, NEW YORK, ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES (ACPHS) EDUCATES STUDENTS FOR CAREERS IN HEALTH CARE AND THE LIFE SCIENCES INDUSTRIES. THE COLLEGE OFFERS THE PROFESSIONAL DOCTOR OF PHARMACY PROGRAM AND FOUR-YEAR BACHELOR'S DEGREES IN BIOMEDICAL TECHNOLOGY, CLINICAL LABORATORY SCIENCES, MICROBIOLOGY, PHARMACEUTICAL SCIENCES, AND PUBLIC HEALTH. ACPHS ALSO HAS MASTER'S PROGRAMS IN BIOMANUFACTURING AND BIOPROCESSING, BIOMEDICAL SCIENCES (POST BAC), CLINICAL LABORATORY SCIENCES, CYTOTECHNOLOGY & MOLECULAR CYTOLOGY, MOLECULAR BIOSCIENCES, AND PHARMACEUTICAL SCIENCES. IN ADDITION, STUDENTS MAY PURSUE JOINT DEGREES IN FIELDS THAT INCLUDE MEDICINE, LAW AND BUSINESS THROUGH COOPERATIVE AGREEMENTS WITH PARTNER INSTITUTIONS. GRADUATES OF THE HEALTH SCIENCES PROGRAMS OFTEN PURSUE CAREERS IN THE BIOTECH, PHARMACEUTICAL, AND MEDICAL DIAGNOSTIC INDUSTRIES OR SEEK OUT OPPORTUNITIES WITH GOVERNMENT AGENCIES AND NON-PROFIT ORGANIZATIONS. HEALTH SCIENCES GRADUATES ARE ALSO WELL POSITIONED TO CONTINUE THEIR EDUCATION IN GRADUATE PROGRAMS (MASTER'S OR PHD) AS WELL AS PROFESSIONAL PROGRAMS (E.G., MEDICINE AND PHYSICIAN ASSISTANT STUDIES). PHARMACY GRADUATES ENJOY CAREERS IN COMMUNITY PHARMACY, CLINICAL PHARMACY, HOSPITAL PHARMACY, LONG-TERM CARE, SPECIALTY PHARMACY, AND THE PHARMACEUTICAL INDUSTRY, OR RELATED FIELDS SUCH AS HEALTH CARE MANAGEMENT AND HEALTH CARE IT.BIOTECH HUB: FOLLOWING THE PURCHASE OF A BUILDING ALONG ALBANY'S MEDICAL CORRIDOR, ACPHS CUT THE RIBBON ON THE NEW HOME FOR ITS CENTER FOR BIOPHARMACEUTICAL EDUCATION AND TRAINING (CBET) IN OCTOBER 2022. A PURPOSE-BUILD BIOPROCESSING CENTER, CBET IS DESIGNED TO EDUCATE STUDENTS THROUGH HANDS-ON PROJECTS RELATING TO BIOMANUFACTURING. 1630807 138573 4627363 RESEARCH: RESEARCH IS A KEY COMPONENT OF THE ACADEMIC LIFE AT ACPHS. THE COLLEGE IS AN ACTIVE RESEARCH ENVIRONMENT WITH $3 MILLION IN SPONSORED RESEARCH FUNDING.FACULTY AND STUDENTS AT THE COLLEGE ARE INVOLVED IN A WIDE RANGE OF RESEARCH PROJECTS, ACROSS CLINICAL, POPULATION HEALTH AND BASIC LIFE SCIENCES. THE COLLEGE OFFERS SPECIFIC PROGRAMS AND ACTIVITIES DESIGNED TO ENCOURAGE STUDENT RESEARCH, OFTEN AS EARLY AS THEIR FIRST YEAR. THE COLLEGE HAS APPROXIMATELY 81,000 SQUARE FEET OF BENCH RESEARCH SPACE. ACPHS INVESTIGATORS BENEFIT FROM THE COLLEGE'S PROXIMITY TO OTHER RESEARCH-BASED INSTITUTIONS WHERE EXISTING RELATIONSHIPS ALLOW ACCESS TO ADDITIONAL EQUIPMENT, LABORATORY SPACE, AND POTENTIAL COLLABORATORS. 55986959 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 110 0 1 716 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X MICHELE VIEN 5186947216 106 NEW SCOTLAND AVE ALBANY NY 12208 HELEN ASHUNTANTANG TRUSTEE 1.00 X 0 0 0 LEIGH BRISCOE-DWYER TRUSTEE 1.00 X 0 0 0 PAUL DEROHANNESSIAN TRUSTEE 1.00 X 0 0 0 CHRISTOPHER J DILASCIA TRUSTEE 1.00 X 0 0 0 MICHAEL DUTEAU TRUSTEE 1.00 X 0 0 0 EDWARD ENOS TRUSTEE 1.00 X 0 0 0 DONNA FRENCH TRUSTEE 1.00 X 0 0 0 HUGH A JOHNSON TRUSTEE 1.00 X 0 0 0 SUSAN LEARNED TRUSTEE 1.00 X 0 0 0 RUTH MAHONEY TRUSTEE 1.00 X 0 0 0 JAMES NOTARO TRUSTEE 1.00 X 0 0 0 WALLACE PICKWORTH TRUSTEE 1.00 X 0 0 0 PAMELA SCHWEITZER TRUSTEE 1.00 X 0 0 0 GREGORY SCIARRA TRUSTEE 1.00 X 0 0 0 DAVID M STACK TRUSTEE 1.00 X 0 0 0 MARC WATROUS TRUSTEE 1.00 X 0 0 0 PAMELA WILLIAMSON TRUSTEE 1.00 X 0 0 0 MARION T MORTON CHAIR 1.00 X X 0 0 0 MATTHEW BETTE VICE CHAIR (TO NOV) 1.00 X X 0 0 0 WILLIAM SHIELDS TREASURER 1.00 X X 0 0 0 RICHARD H DAFFNER SECRETARY 1.00 X X 0 0 0 WALTER BORISENOK VICE CHAIR (FROM NOV) 1.00 X X 0 0 0 THOMAS DEWEY PRESIDENT 40.00 X 456179 0 31405 MICHELE VIEN VICE PRESIDENT OF FINANCE 40.00 X 181836 0 25930 ANUJA GHORPADE DEAN 40.00 X 262536 0 34535 SHAKER MOUSA VICE PROVOST OF RESEARCH 40.00 X 268570 0 35048 DARREN GRABE DEPARTMENT CHAIR / ASSOC PROF 40.00 X 174664 0 24535 KAMAL RASHID DIRECTOR 40.00 X 181830 0 20970 VICKI DILORENZO VP INSTITUTIONAL ADVANCEMENT 40.00 X 186203 0 18752 RICHARD DEARBORN DEPARTMENT CHAIR / ASSOC PROF 40.00 X 167307 0 24486 1879125 0 215661 61 0 1 0 BETTE & CRING LLC 26 CENTURY HILL DRIVE SUITE 1 LATHAM NY 12110 CONTRACTOR 4319826 CHARTWELLS PO BOX 417632 BOSTON MA 02241 FOOD SERIVCES 1648574 UNIVERSITY HEIGHTS ASSOCIATION INC 130 NEW SCOTLAND AVE ALBANY NY 12208 SECURITY 629373 RUFFALO NOEL LEVITZ PO BOX 718 DEMOINES IA 50303 MARKETING CONSULTANT 585504 COLONIE MECHANICAL CONTRACTORS INC 17 RAILROAD AVENUE ALBANY NY 12205 MAINTENANCE SERVICE 329243 14 2086 1573482 233387 1575568 EDUCATION 611600 50592531 50592531 RESEARCH 611600 6012982 6012982 56605513 1812869 1812869 122884 160076 -37192 -37192 -37192 18618168 138000 18075069 170541 543099 -32541 510558 510558 7914 2086 7914 0 OTHER INCOME 900099 777129 777129 777129 61244445 57382642 0 2286235 16053686 16053686 138573 138573 1015516 305447 481488 228581 19922168 16470276 2691361 760531 1576037 1302317 210804 62916 2670615 2081447 446428 142740 1472091 1184589 219314 68188 133125 133125 88219 88219 55000 55000 259182 259182 1318189 982006 260183 76000 155461 95774 12888 46799 1798801 1359723 370846 68232 684115 137054 547061 4825064 4379041 439977 6046 267822 183961 46232 37629 585929 560101 20811 5017 4282336 4022629 234502 25205 478105 211424 266681 COST OF OPERATIONS 4075455 4075455 OTHER EXPENSES 2437404 1692350 669930 75124 BOOKS/PERIODICALS/AV 515628 515628 STUDENT RECRUITMENT 235478 235478 29124 29124 65073123 55986959 7483156 1603008 26907851 10510021 3951165 3514510 1516281 1935694 2952542 3277326 774311 653114 125030952 81405761 33205298 43625191 82290652 69918376 580205 529250 7211065 9465904 159389370 143429386 2998956 3158351 1961658 1722117 6864848 5862167 18878958 17923464 8221955 9628628 38926375 38294727 X 97350234 85658174 23112761 19476485 120462995 105134659 159389370 143429386 X -3828678 -12159815 1200 658957 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 55000 55000 0 PART II-B, LINE 1: THE COLLEGE HAS RETAINED REID MCNALLY & SAVAGE, LLC FOR CONTINUED LEGISLATIVE AND GOVERNMENTAL RELATIONS, AND FOR REPRESENTATION BEFORE THE U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE AND EXECUTIVE BRANCH. THEY ALSO REPRESENT THE COLLEGE BEFORE THE NEW YORK STATE LEGILSATURE, EXECUTIVE BRANCH AND VARIOUS REGULATORY AGENCIES ON MATTERS OF INTEREST TO THE COLLEGE. 74115354 221164 -8782591 1895632 63658295 58523378 760040 16594641 1762705 74115354 55402537 482347 2975436 336942 58523378 51444313 1005351 3178676 225803 55402537 46417075 827527 4403301 203590 51444313 0.71851 0.18171 0.09978 0 0 6413707 6413707 76283441 45631396 30652045 5243326 4692670 550656 22989656 21221862 1767794 14100822 9859833 4240989 43625191 ACCRUED INTEREST 189345 RESTRICTED CASH 580158 AGENCY FUNDS 49913 OTHER ASSETS 1255314 RIGHT OF USE OPERATING LEASED ASSETS 2202155 RIGHT OF USE FINANCING LEASED ASSETS 5189019 9465904 POST RETIREMENT HEALTH CARE BENEFIT OBLIGATION 2025975 DEPOSIT HELD IN CUSTODY FOR OTHERS 49913 OPERATING LEASE LIABILITIES 2450772 FINANCING LEASE LIABILITIES 5101968 9628628 X 35469231 -12159815 1200 205416 -11953199 47422430 259182 13562833 13822015 61244445 50797567 205416 205416 50592151 259182 14221790 14480972 65073123 PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS: THE COLLEGE'S POLICY FOR DISTRIBUTING ENDOWMENT FUND EARNINGS IS TO SUPPORT ITS VARIOUS PROGRAMS AND MAINTENANCE OF FACILITIES. ANNUAL DISTRIBUTIONS FROM ENDOWMENT FUNDS ARE DECIDED BY THE BOARD OF TRUSTEES TO SUPPLEMENT THE COLLEGE'S ANNUAL OPERATING BUDGET. THE COLLEGE EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO GROW AT A RATE THAT EXCEEDS THE RATE OF INFLATION. THE COLLEGE'S OBJECTIVE IS TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. THE COLLEGE HAS A SPENDING POLICY OF 4% PER ANNUM, BASED ON AN HISTORICAL FIVE-YEAR MOVING AVERAGE OF THE DONOR-RESTRICTED ENDOWMENT FUND MARKET VALUE ON JUNE 30. NO DISTRIBUTIONS WILL BE MADE WHICH RESULT IN THE MARKET VALUE OF THE DONOR RESTRICTED ENDOWMENT TO FALL BELOW THE ORIGINAL CORPUS. PART X, LINE 2: FASB ASC 740 TEXT OF FINANCIAL STATEMENTS FOOTNOTE REGARDING UNCERTAIN TAX POSITIONS: THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. THE COLLEGE HAS BEEN CLASSIFIED AS A PUBLICLY-SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE COLLEGE FILES A FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR AMOUNT OF THE POSITIONS TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT EVALUATED THE COLLEGE'S TAX POSITIONS, INCLUDING INTEREST AND PENALTIES ATTRIBUTABLE THERETO, AND CONCLUDED THAT THERE ARE NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF JUNE 30, 2021 AND 2020. THE COLLEGE HAS NO FEDERAL OR STATE INFORMATIONAL RETURNS THAT ARE CURRENTLY UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE OR STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SEOG INSTRUCTIONAL CONTRIBUTION 37,426. RENT EXPENSES NETTED AGAINS RENT INCOME 160,076. FUNDRAISING EVENT EXPENSES 7,914. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 14,221,790. APPLICATION OF FAS158 -658,957. PART XII, LINE 2D - OTHER ADJUSTMENTS: SEOG INSTRUCTIONAL CONTRIBUTION 37,426. RENT EXPENSES NETTED AGAINS RENT INCOME 160,076. FUNDRAISING EVENTS EXPENSES 7,914. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 14,221,790. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ACPHS ANNUALLY PUBLISHES IN THE TIMES UNION, A NEWSPAPER SERVING THE CAPITAL DISTRICT OF NEW YORK STATE, A STATEMENT TO THE EFFECT THAT IT ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL, AND THAT THE COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINISTERED PROGRAMS. NONDISCRIMINATION POLICY DISCLOSURE: THE COLLEGE ALSO PROMINENTLY PUBLISHES ON ITS WEB PAGE AND IN ALL PRINTED CATALOGS THE FOLLOWING NOTICE: ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEX, SEXUAL PREFERENCE, AGE, RELIGION, CREED, NATIONAL ORIGIN, MARITAL STATUS, VIETNAM-ERA VETERAN STATUS, DISABLED VETERAN STATUS OR DIS SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES ASSITANCE FROM THE GOVERNMENT FOR BOTH RESEARCH AND DEVELOPMENT AS WELL AS SUPPORTING FINANCIAL AID. 0 EAST ASIA/PACIFIC 1 6 SCIENTIFIC RESEARCH DISCOVERY AND DEVELOPMENT OF NOVEL GLYCINE TRANSPORTER 138573 1 6 0 0 1 6 138573 0 138573 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, DISCOVERY AND DEVELOPMENT OF NOVEL GLYCINE TRANSPORTER 138573 WIRED FUNDS. 0 1 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 SCHOLARSHIPS AND FINANCIAL AID FOR STUDENTS ATTENDING THE COLLEGE. 4023 16053686 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: USE OF GRANT FUNDING MUST COMPLY WITH THE INSTITUTION'S PURCHASING POLICY AND FEDERAL GUIDELINES. PRIMARY INVESTIGATORS ARE ULTIMATELY RESPONSIBLE FOR THE USE OF THOSE FUNDS UNDER THE REVIEW OF THE CONTRACT AND GRANTS ACCOUNTING MANAGER THAT MONITORS THEIR COMPLIANCE. IN ADDITION, THE COLLEGE IS SUBJECT TO AN ANNUAL AUDIT (UNIFORM GUIDANCE) ENSURING AN OUTSIDE OPINION ON THE INSTITUTION'S POLICIES AND PROCEDURES. X 1 1 X X 1 0 0 0 0 0 0 0 0 THOMAS DEWEY PRESIDENT 454244 0 0 0 1935 0 19900 0 11505 0 487584 0 0 0 SHAKER MOUSA VICE PROVOST OF RESEARCH 268570 0 0 0 0 0 22041 0 13007 0 303618 0 0 0 ANUJA GHORPADE DEAN 262536 0 0 0 0 0 21542 0 12993 0 297071 0 0 0 MICHELE VIEN VICE PRESIDENT OF FINANCE 181836 0 0 0 0 0 15333 0 10597 0 207766 0 0 0 VICKI DILORENZO VP INSTITUTIONAL ADVANCEMENT 186203 0 0 0 0 0 15034 0 3718 0 204955 0 0 0 KAMAL RASHID DIRECTOR 181830 0 0 0 0 0 14483 0 6487 0 202800 0 0 0 DARREN GRABE DEPARTMENT CHAIR / ASSOC PROF 174664 0 0 0 0 0 11192 0 13343 0 199199 0 0 0 RICHARD DEARBORN DEPARTMENT CHAIR / ASSOC PROF 167307 0 0 0 0 0 14229 0 10257 0 191793 0 0 0 PART I, LINE 1A THE COLLEGE PROVIDES THE PRESIDENT MEMBERSHIP IN ONE CLUB WHICH ENABLES THE PRESIDENT TO HAVE OFF-CAMPUS MEETINGS, INCLUDING LUNCH AND DINNER MEETINGS WHERE APPROPRIATE, OR TO HOST OTHER COLLEGE RELATED EVENTS. THE FUNDS PROVIDED BY THE COLLEGE DO NOT PROVIDE ANY PERSONAL BENEFIT TO THE PRESIDENT AND THE USE OF THE CLUB IS SUBSTANTIALLY RESTRICTED TO COLLEGE RELATED MATTERS. THE PRESIDENT IS REQUIRED TO PAY FOR ANY INCIDENTAL PERSONAL USE FOR NON-COLLEGE RELATED ACTIVITIES. PART I, LINE 3 THE EXECUTIVE COMMITTEE REVIEWS THE PRESIDENT'S SALARY AT TIME OF CONTRACT RENEWAL AND COMPARES THE PRESIDENT'S SALARY TO THE SALARIES OF PRESIDENTS AT SIMILARLY SITUATED INSTITUTIONS. ALL SALARY RECOMMENDATIONS EXIST AS PART OF THE BUDGET AND ARE AVAILABLE FOR REVIEW BY THE FINANCE COMMITTEE AND BOARD OF TRUSTEES AND THE BUDGET IS ULTIMATELY ADOPTED BY THE BOARD OF TRUSTEES. A CITY OF ALBANY CAPITAL RESOURCE CORPORATION 273467899 012432BW9 2014-10-23 17804994 REFINANCING OF THE 2004A BONDS 0 0 0 B CITY OF ALBANY CAPITAL RESOURCE CORPORATION 273467899 2014-10-23 7330000 REFINANCING OF THE 2008A BOND 0 0 0 A 17804994 321122 17483872 2014 1 0 1 1 B 7330000 146600 7183400 2014 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 BETTE & CRING LLC VICE CHAIR AND TRUSTEE MR. BETTE HAS OWNERSHIP INTEREST 4319826 RENOVATION PROJECT PAYMENTS 0 X 3 84781 AVERAGE DAY'S HIGH/LOW X EQUIPMENT 1 95365 FAIR MARKET VALUE X FITNESS EQUIPMENT 1 50000 FAIR MARKET VALUE X OTHER EQUIPMENT 1 3241 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B ANNUAL FORM 990 REVIEW PROCESS: THE PROCESS INCLUDES A DETAILED REVIEW AND APPROVAL BY BOTH THE AUDIT AND FINANCE COMMITTEES. THE FORM 990 IS THEN FORWARDED TO THE FULL BOARD FOR ITS REVIEW. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY PROCEDURES: THE CONFLICT-OF-INTEREST POLICY REQUIRES THAT ALL TRUSTEES AND THE PRESIDENT DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. AT LEAST ANNUALLY, EACH TRUSTEE AND THE PRESIDENT SHALL COMPLETE A DISCLOSURE FORM AND FILE THE SAME WITH THE SECRETARY OF THE BOARD. NO TRUSTEE SHALL VOTE ON ANY MATTER UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING IN WHICH SUCH TRUSTEE HAS A CONFLICT OF INTEREST. ALL KEY EMPLOYEES SHALL DISCLOSE TO THE PRESIDENT ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. AT LEAST ANNUALLY EACH KEY EMPLOYEE SHALL COMPLETE A DISCLOSURE FORM AND FILE THE SAME WITH THE PRESIDENT. THE PRESIDENT SHALL, IN THE PRESIDENT'S DISCRETION, TAKE SUCH ACTIONS AS APPROPRIATE TO PREVENT SUCH CONFLICTS OF INTEREST AFFECTING THE COURSE AND DETERMINATION OF THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 15 OFFICERS' COMPENSATION PROCEDURE: THE EXECUTIVE COMMITTEE REVIEWS THE PRESIDENT'S SALARY AT TIME OF CONTRACT RENEWAL AND COMPARES THE PRESIDENT'S SALARY TO THE SALARIES OF PRESIDENTS AT SIMILARLY SITUATED INSTITUTIONS. ALL SALARY RECOMMENDATIONS EXIST AS PART OF THE BUDGET AND ARE AVAILABLE FOR REVIEW BY THE FINANCE COMMITTEE AND BOARD OF TRUSTEES AND THE BUDGET IS ULTIMATELY ADOPTED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILABILITY OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS: THE COLLEGE MAKES THESE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN POST-RETIREMENT ACCRUAL 658,957. UNIVERSITY HEIGHTS ASSOCIATION INC 130 NEW SCOTLAND AVE ALBANY NY 12208 141781912 SHARED SERVICES (SECURITY, TRANSPORTATION, ETC.) NY 501(C)(3) LINE 12A, I 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0