2025-05-12T13:42:11-07:00 2024-06-30 990 2023-07-01 141338309 ALBANY LAW SCHOOL ALBA 5184452391 80 New Scotland Avenue Albany NY 122083494 Victor E Rauscher Vice President for Finance 5184453294 2025-05-12 1 2023 2025-03-06 01:10:19Z Victor E Rauscher 80 New Scotland Avenue Albany NY 12208 60460506 0 X www.albanylaw.edu X 1851 NY Albany Law School educates and empowers lawyers and leaders through a rigorous and innovative program of study providing students with the knowledge, values, critical thinking skills, and transformational competencies necessary to become ethical and effective professionals in a rapidly changing world. Our students will promote the rule of law, equity, and access to justice in their professional pursuits and advance their careers using a sophisticated understanding of the law to improve society. 35 35 453 650 0 0 3715833 3439141 32687918 35036040 1860736 3254651 290894 343895 38555381 42073727 18483191 19252325 0 0 16125556 16688040 9040 9200 1536780 9545058 10031738 44162845 45981303 -5607464 -3907576 105565802 107542556 13287540 11471216 92278262 96071340 Higher education: Albany Law School is an institution of higher education that provides instructional and educational activities singularly focused on the study of law. Completion of the programs by students culminates in the awarding of one of three degrees (J.D., LLM or Masters) in the area of law. In addition, Advanced Certificates are awarded in the area of law. 0 0 36559931 19252325 35036040 Higher education: Albany Law School has an enrollment of 667 FTEs and full time faculty of 49. In the current fiscal year 205 degrees were awarded to JD students. 0 0 0 36559931 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 955 0 1 453 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA MA MD MI NH SC X Victor E Rauscher 5184453294 80 New Scotland Ave Albany NY 122083494 Alicia Ouellette Former President and Dean 0 0 X 793931 0 39407 Victor E Rauscher Vice President for Finance and Business 35 0 X 280536 0 34713 Jeffrey Schanz Vice President for Institutional Advancement and Chief of Staff 35 0 X 222612 0 42036 Cinnamon P Carlarne President and Dean 35 0 X 198141 0 21002 David Pratt Faculty 35 0 X 173850 0 36750 Raymond Brescia Faculty 35 0 X 168742 0 32982 Ciji Dodds Faculty 35 0 X 179421 0 16782 Connie Mayer Faculty 35 0 X 172266 0 20539 Rosemary Queenan Associate Dean for Academic Affairs 35 0 X 177880 0 13663 Patrick Connors Faculty 35 0 X 175801 0 13451 Jenean Taranto Associate Dean for Academic Affairs 35 0 X 142505 0 39223 Dan S Grossman Trustee - Chair 2 0 X X 0 0 0 Dianne R Phillips Trustee - Vice Chair 2 0 X X 0 0 0 Denise V Gonick Trustee - Secretary 2 0 X X 0 0 0 J Kevin McCarthy Trustee - Treasurer 2 0 X X 0 0 0 Jeanine Arden-Ornt Trustee 2 0 X 0 0 0 James N Benedict Trustee 2 0 X 0 0 0 Keiki-Michael Cabanos Trustee 2 0 X 0 0 0 Robert L Capers Trustee 2 0 X 0 0 0 Mark Chieco Trustee 2 0 X 0 0 0 Andrea L Colby Trustee 2 0 X 0 0 0 William J Curry Trustee 2 0 X 0 0 0 Jon A Dorf Trustee 2 0 X 0 0 0 Justice Elizabeth A Garry Trustee 2 0 X 0 0 0 Damien Granderson Trustee 2 X 0 0 0 James E Hacker Trustee 2 0 X 0 0 0 Ashley King Trustee 2 0 X 0 0 0 David E McCraw Trustee 2 0 X 0 0 0 Amy F Melican Trustee 2 0 X 0 0 0 Patricia Murphy Trustee 2 0 X 0 0 0 Sean M Murphy Trustee 2 0 X 0 0 0 Timothy D O'Hara Trustee 2 0 X 0 0 0 Kimberly Petillo-Decossard Trustee 2 0 X 0 0 0 Stephen J Rehfuss Trustee 2 0 X 0 0 0 Christina L Ryba Trustee 2 0 X 0 0 0 James J Sandman Trustee 2 0 X 0 0 0 William F Schwitter Jr Trustee 2 0 X 0 0 0 Katherine M Sheehan Trustee 2 0 X 0 0 0 Christine G Stone Trustee 2 0 X 0 0 0 Bruce Stuart Trustee 2 0 X 0 0 0 Kathryn L Tabner Trustee 2 0 X 0 0 0 Dale M Thuillez Trustee 2 0 X 0 0 0 Debra B Treyz Trustee 2 0 X 0 0 0 Frank P Willey Trustee 2 0 X 0 0 0 Jack Withiam Trustee 2 0 X 0 0 0 Benjamin Wolf Trustee 2 0 X 0 0 0 2685685 0 310548 48 1 1 0 Ellucian 62814 Collections Ctr Dr Chicago IL 60693 Information Technology 487300 University Heights Association 130 New Scotland Ave Albany NY 122083475 Security 469490 Janitronics 1988 Central Ave Albany NY 12212 Custodial services 461407 Creative Communication Assoicates 2 Third Street - Suite 250 Troy NY 12180 Marketing services 403846 Cb20 11 Federal St Saratoga Springs NY 12866 Information Technology Services 315337 11 0 0 0 0 1448364 1990777 126052 3439141 Tuition and fees 611310 35004578 35004578 0 0 Income on student loans 900099 26719 26719 0 0 Bookstore 900099 4743 4743 0 0 0 0 0 0 35036040 1971890 1971890 0 0 0 0 0 0 8473 8473 0 0 0 0 19669540 0 18386779 0 1282761 0 1282761 1282761 0 0 0 335422 335422 0 0 335422 42073727 38634586 0 0 0 0 19252325 19252325 0 0 0 2115224 342892 1543104 229228 0 0 0 0 11455878 8968236 1859185 628457 618813 424567 155137 39109 1528385 1048624 383168 96593 969740 665338 243115 61287 0 0 0 0 90435 0 90435 0 90936 0 90936 0 0 0 0 0 9200 9200 287063 0 287063 0 1600773 500659 947994 152120 664494 639128 25366 0 223960 101025 97721 25214 505122 0 505122 0 0 0 0 0 1850915 1505250 311062 34603 442204 186174 204927 51103 0 0 0 0 399009 137323 102858 158828 257789 224276 28357 5156 0 0 0 0 1237557 1076675 136131 24751 132703 115452 14597 2654 Library 603519 603519 0 0 Student services 272637 196728 75909 0 Printing 125810 22137 97156 6517 Memberships and dues 149738 69610 79176 952 1097074 479993 606073 11008 45981303 36559931 7884592 1536780 4085622 3252594 0 0 5253817 2888370 783944 1054417 0 0 0 0 513488 355997 0 0 256962 378535 56271151 42281515 14855634 13989636 75098392 80723306 0 0 0 0 0 0 4717943 4899701 105565802 107542556 3861404 3087595 0 0 998649 825796 8427487 7557825 0 0 0 0 0 0 0 0 0 0 13287540 11471216 X 33139298 32944623 59138964 63126717 92278262 96071340 105565802 107542556 X -3907576 7298434 0 0 0 402220 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 0 0 0 0 0 0 0 Schedule C, Part II-B, Line 1 Albany Law School contacts local, state, and federal officials to secure contract and grant funding associated with its educational mission. 65783815 3790141 8973499 5314965 2393901 247473 70591116 61318153 2281502 6718337 3119545 1205627 236005 65756815 72547181 1958036 -8876034 2884353 1138357 288320 61318153 58690592 3463500 15429356 3504185 1231344 273738 72574181 58518017 2493052 2994413 3907459 1160125 247306 58690592 0.321 0.408 0.271 0 0 0 2256405 2256405 0 34710756 25160401 9550355 0 0 0 0 0 17476729 15664969 1811760 0 1827261 1456145 371116 13989636 0 0 X 30414568 7298434 29041 0 -18986634 -11659159 42073727 0 0 0 42073727 26621490 29041 0 0 -19388854 -19359813 45981303 0 0 0 45981303 Schedule D, Part V, Line 4 The use of endowment funds' investment income is generally earmarked for scholarships, fellowships, prizes, endowed and distinguished professorships and academic programs. Schedule D, Part X, Line 2 The School is exempt from federal income taxation by virtue of being an organization described in Section 501(c)(3) of the Internal Revenue Code (the "Code"). Nevertheless, the School may be subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The School recognizes the tax effects from an uncertain tax position in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. Management believes that there are no uncertain tax positions within its financial statements. Additionally, the School has processes presently in place to ensure the maintenance of its tax-exempt status, to identify and report unrelated business income, determine its filing and tax obligations in jurisdictions for which it has nexus, and to review other matters that may be considered tax positions. Schedule D, Part XI, Line 2d Student scholarships ($19,388,854); Change in value of beneficial interest in trusts $313,860; Postretirement-related changes other than net periodic costs $88,360. Schedule D, Part XII, Line 2d Student scholarships $19,388,854. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The policy is published on the School's website and portal, all handbooks and in major School publications. Schedule E, Part I, Line 6 Albany Law School participates in the following Federal Financial Assistance programs and grants: Department of Education (Federal Work-Study, William D. Ford Direct Loans and Perkins Loan Program). 1 Each year Albany Law School awards a number of merit scholarships funded from restricted and unrestricted funds and annual giving by alumni and friends and other sources. The Admissions Committee awards the scholarships to first year students in the form of scholarships in varying amounts. Financial Aid personnel, in conjunction with Development and Business Office personnel, are responsible for monitoring compliance with restrictions associated with endowment funds. All scholarships are merit-based and awarded on the basis of academic promise and individual characteristics that strengthen the applicant pool. A scholarship may be retained from year to year without reapplication. 675 19252325 0 Schedule I, Part I, Line 2 Each year Albany Law School awards a number of merit scholarships funded from restricted and unrestricted funds and annual giving by alumni and friends and other sources. The Admissions Committee awards the scholarships to first year students in the form of scholarships in varying amounts. Financial Aid personnel, in conjunction with Development and Business Office personnel, are responsible for monitoring compliance with restrictions associated with endowment funds. All scholarships are merit-based and awarded on the basis of academic promise and individual characteristics that strengthen the applicant pool. A scholarship may be retained from year to year without reapplication. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 Cinnamon P Carlarne President and Dean 187851 0 0 0 10289 0 9616 0 7079 0 214835 0 0 0 Victor E Rauscher Vice President for Finance and Business 277764 0 0 0 32772 0 14221 0 14157 0 338914 0 0 0 Jeffrey Schanz Vice President for Institutional Advancement and Chief of Staff 197251 0 0 0 47860 0 10459 0 19982 0 275552 0 0 0 Rosemary Queenan Associate Dean for Academic Affairs 176717 0 0 0 28163 0 9036 0 947 0 214863 0 0 0 Jenean Taranto Associate Dean for Student Affairs 140726 0 0 0 21279 0 7178 0 19533 0 188716 0 0 0 Alicia Ouellette Former President and Dean 425000 0 0 0 31806 0 383625 0 13583 0 854014 0 375000 0 Ciji Dodds Faculty 120634 0 0 0 58787 0 5572 0 7386 0 192379 0 0 0 Patrick Connors Faculty 173381 0 0 0 32420 0 8867 0 947 0 215615 0 0 0 David Pratt Faculty 170682 0 0 0 27974 0 8268 0 14117 0 221041 0 0 0 Connie Mayer Faculty 168876 0 0 0 8590 0 8663 0 7808 0 193937 0 0 0 Raymond Brescia Faculty 159809 0 0 0 29733 0 8517 0 14257 0 212316 0 0 0 Schedule J, Part I, Line 1a All faculty members are allotted a discretionary spending account each year for travel, books, memberships and dues. Support for expenditures is required to be submitted. The President and Dean is provided membership to a social club as part of the contractual agreement with Albany Law School. Schedule J, Part I, Line 4 Albany Law School established a Non-Qualified Deferred Compensation Plan under Section 457(f) of the Code. The former President and Dean was eligible for the plan and for the prior fiscal year end $375,000 was recognized as an expense for the plan. Payment of the deferred compensation was made in the 2024 fiscal year. A City of Albany Capital Resource Corporation 012432DE7 2017-06-22 13551687 Refinancing of prior issue issued on June 25, 2007 0 0 0 A 0 0 13551687 0 0 13252011 299676 0 0 0 0 0 2017 0 1 1 1 A 0 0 0 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 10 126052 Average day high low 0 0 1 0 Form 990, Part VI, Section B, Line 11b A review of the public portions of the 990 tax return (Schedule B details are reviewed. However, Schedule B is made available to any Audit Committee member upon request) is first conducted by the Vice President for Finance and Business with the Audit Committee at a regularly scheduled meeting of the Audit Committee. This review highlights significant aspects of the return. Subsequent to the Audit Committee meeting a copy of the public portions of the 990 tax return (Schedule B is not included) is provided to each voting Board member. In addition, the Audit Committee's review of the tax return is reported during a regularly scheduled meeting of the Board of Trustees prior to the filing of the return. Form 990, Part VI, Section B, Line 12c On and annual basis, each Board member, officer and key employee is provided with a copy of the Conflict of Interest Policy and a disclosure form to identify any known or potential conflict. The disclosure forms are returned to the Vice President for Finance and Business to summarize any conflicts that are identified. The summary includes a description of the conflict and proposed resolution and is presented to the Audit Committee of the Board of Trustees for discussion. The Audit Committee then recommends to the Board appropriate action to be taken for each identified conflict. Any member found to have a potential conflict is recused from the deliberations concerning the conflict and also decisions concerning any transactions associated with the conflict. If a conflict arises mid year, a new disclosure form is required to be submitted by the affected individual and another review by the Audit Committee and Board is undertaken. In order to waive a conflict, the policy requires 75% of the voting members to vote in favor of waiving the conflict. Form 990, Part VI, Section B, Line 15 The Compensation Committee of the Board of Trustees is charged with the annual review of the top management officials' (President and Dean and Vice President for Finance and Business) compensation. The President and Dean provides the Compensation Committee with an annual assessment of their review along with the President's review of the Vice President for Finance and Business. In addition, the Committee utilizes comparable compensation data of other presidents, deans and vice presidents of finance in order to make a compensation recommendation to the entire Board of Trustees. The deliberations by the Compensation Committee and Board of Trustees are held solely by the members without management or staff involved in those deliberations. The President and Dean is responsible for determining the compensation of their direct reports (key employees). The compensation review includes examining comparable compensation data for similar positions. Form 990, Part VI, Section C, Line 19 Governing documents, the conflict of interest policy and financial statements are not generally made available to the public. Certain documents are available upon request. Form 990, Part XI, Line 9 Change in value of beneficial interest in trusts $313,860; Postretirement-related changes other than net periodic cost $88,360 University Heights Association Inc 130 New Scotland Avenue Albany NY 12208 141781912 Shared services (Security, Transportation, Etc.) NY 501(c)(3) Line 12A, I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 The School filed and received an automatic extension of time to file the return.