2022-05-12T13:27:46-07:00 2021-06-30 990 2020-07-01 141338309 ALBANY LAW SCHOOL ALBA 5184452391 80 New Scotland Avenue Albany NY 122083494 Victor E Rauscher Vice President for Finance 5184453294 2022-05-12 1 11 1 AAL2 2020 2022-09-23 18:48:47Z Victor E Rauscher 80 New Scotland Avenue Albany NY 12208 58022625 0 X www.albanylaw.edu X 1851 NY Albany Law School educates and empowers tomorrow's leaders, engaged professionals, committed public servants, inspiring community change-agents, and creative problem solvers. We connect the classroom to the profession, government, and the community through experienced-based learning, engaged scholarship, and a robust network of alumni and supporters. Our students develop a sophisticated understanding of legal policy and doctrine, a broad range of professional competencies, and a deep commitment to justice and ethical values. 35 35 424 650 0 0 5730008 4757254 25426126 28565193 2874997 6722713 260935 119068 34292066 40164228 13672981 16055246 0 0 12996348 13385254 17713 18575 1105039 7263078 7241927 33950120 36701002 341946 3463226 108102273 122483245 16755076 15594678 91347197 106888567 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. 0 0 30485488 16055246 28565193 Higher education: Albany Law School has an enrollment of 567 FTEs and full time faculty of 40. In the current fiscal year 166 degrees were awarded to JD students. 0 0 0 30485488 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 830 0 1 424 1 0 0 0 0 0 1 1 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 X Victor E Rauscher 5184453294 80 New Scotland Ave Albany NY 122083494 Alicia Ouellette President and Dean 35 0 X 419978 0 152825 Victor E Rauscher Vice President for Finance and Business 35 0 X 239316 0 18519 Connie Mayer Associate Dean for Academic Affairs 35 0 X 199885 0 28311 David Pratt Faculty 35 0 X 158947 0 42194 Jeffrey Schanz Vice President for Institutional Advancement and Chief of Staff 35 0 X 164451 0 36008 Anthony Farley Faculty 35 0 X 166009 0 30484 Patrick Connors Faculty 35 0 X 160376 0 30118 Vincent Bonventre Faculty 35 0 X 162823 0 26590 Rosemary Queenan Associate Dean for Student Affairs 35 0 X 167515 0 12124 Mary Lynch Faculty 35 0 X 166198 0 11353 Debra B Treyz Trustee - Chair 5 0 X 0 0 0 Dan S Grossman Trustee - Vice Chair 2 0 X 0 0 0 Andrea L Colby Trustee - Secretary 2 X 0 0 0 Timothy D O'Hara Trustee - Treasurer 2 0 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 Peter Crummey 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 Denise V Gonick Trustee 2 0 X 0 0 0 James E Hacker Trustee 2 0 X 0 0 0 J K Hage III Trustee 2 0 X 0 0 0 Paul Harding Trustee 2 0 X 0 0 0 Matthew F Herman Trustee 2 0 X 0 0 0 J Kevin McCarthy 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 Sean M Murphy Trustee 2 0 X 0 0 0 Daniel P Nolan Trustee 2 0 X 0 0 0 Kimberly Petillo-Decossard Trustee 2 0 X 0 0 0 Dianne R Phillips Trustee 2 0 X 0 0 0 Stephen J Rehfuss Trustee 2 0 X 0 0 0 Megan M Rurak 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 Leslie E Stein Trustee 2 0 X 0 0 0 Christine G Stone 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 Frank P Willey Trustee 2 0 X 0 0 0 Jack Withiam Trustee 2 0 X 0 0 0 2005498 0 388526 35 0 1 0 University Heights Association 130 New Scotland Ave Albany NY 122083475 Security 459017 Thomson Reuters 610 Opperman Drive Eagan MN 55123 Publishing services 352166 Janitronics 1988 Central Ave Albany NY 12212 Custodial services 315401 Audio-Video Corporation 213 Broadway Menands NY 12204 Technology equipment supplier 276171 Ellucian 62814 Collections Ctr Dr Chicago IL 60693 Information Technology 251531 10 0 0 0 0 1735553 3021701 1560576 4757254 Tuition and fees 611310 28407164 28407164 0 0 Income on student loans 900099 149779 149779 0 0 Bookstore 451211 8250 8250 0 0 0 0 0 0 28565193 1376177 1376177 0 0 0 0 0 0 32170 32170 0 0 0 0 0 0 0 0 0 0 0 0 23204933 0 17858397 0 5346536 0 5346536 5346536 0 0 0 86898 86898 0 0 86898 40164228 35406974 0 0 0 0 16055246 16055246 0 0 0 0 1171216 138224 864692 168300 0 0 0 0 9690559 7788983 1399514 502062 478297 358755 90023 29519 1316172 987216 247725 81231 729010 546806 137211 44993 0 0 0 0 53614 0 53614 0 80458 0 80458 0 0 0 0 0 18575 18575 314711 0 314711 0 699806 351840 222089 125877 284569 250903 33666 0 151931 78076 59166 14689 497092 0 497092 0 0 0 0 0 1336826 1095020 215468 26338 50792 17410 31994 1388 0 0 0 0 57382 17359 6128 33895 354540 315540 31909 7091 0 0 0 0 1265835 1126593 113925 25317 122369 110699 9548 2122 Library 778545 778545 0 0 Student services 240584 146774 93810 0 Printing 86785 32404 54195 186 Memberships and dues 132368 67038 62780 2550 733720 222057 490757 20906 36701002 30485488 5110475 1105039 6747568 7590534 0 0 10279990 8030001 1087722 923970 0 0 0 0 1550108 1168300 0 0 440352 527223 54923948 38544533 16462025 16379415 66028418 81772431 285980 5220110 6091371 108102273 122483245 3877163 4051134 0 0 1004527 898133 10851471 10061810 0 0 0 0 0 0 0 0 1021915 583601 16755076 15594678 X 36194610 41030890 55152587 65857677 91347197 106888567 108102273 122483245 X 3463226 11077415 0 0 0 1000729 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. 58690592 3463500 15429356 3504185 1231344 273738 72574181 58518017 2493052 2994413 3907459 1160125 247306 58690592 56325688 2399459 3967265 2756374 1134628 283393 58518017 55375938 740314 3811747 2685670 640469 276172 56325688 50921081 831723 6785910 2497797 466732 198247 55375938 0.366 0.309 0.325 0 0 2256405 0 2256405 34280896 0 22607103 11673793 0 0 0 0 16596440 0 14583507 2012933 1790207 0 1353923 436284 16379415 0 US Government student loan program advances 583601 583601 X 36077783 11077415 20660 0 -15184520 -4086445 40164228 0 0 0 40164228 20536413 20660 0 0 0 20660 20515753 0 16185249 16185249 36701002 Schedule D, Part V, Line 4 The use of the 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 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 ($16,185,249); Change in value of beneficial interest in trusts $848,769; Postretirement-related changes other than net periodic costs $151,960. Schedule D, Part XII, Line 4b Student scholarships $16,185,249. 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, in all handbooks and in all 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). In addition, in the current year Albany Law School was awarded funds under the Coronavirus Aid, Relief and Economic Security (CARES) Act Higher Education Emergency Relief Fund. The School was notified in fiscal year 2021 that the Small Business Administration determined that the School satisfied its obligations under the Paycheck Protection Program promissory note it received in the amount of $2,008,515 in the prior year and the application for forgiveness of full amount of the loan was approved. X X X X X X 1 Stockade Consulting Group 650 Franklin Street Schenectady NY 12305 The entity assists with phone solicitation for the Albany Law School's annual fund campaign. 0 36130 18575 17555 36130 18575 17555 1 Each year Albany Law School awards a number of merit and diversity scholarships funded from restricted and unrestricted endowment funds, 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 the endowment funds. All scholarships are merit-based and awarded on the basis of academic promise and individual characteristics that strengthen the applicant pool. The Admissions Committee also offers merit-based scholarships to students from diverse backgrounds including those minorities who historically have been under-represented in the legal profession. A scholarship may be retained from year to year without re-application upon achievement of grades set forth as conditions of the award. 619 16055246 0 Schedule I, Part I, Line 2 Each year Albany Law School awards a number of merit and diversity scholarships funded from restricted and unrestricted endowment 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. The Admissions Committee also offers merit-based scholarships to students from diverse backgrounds including those minorities who historically have been under-represented in the legal profession. A scholarship may be retained from year to year without re-application upon achievement of grades set forth as conditions of the award. Monitoring of continued awarding for second and third year students is performed by the Financial Aid Office in conjunction with the Registrar's Office. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 Alicia Ouellette President and Dean 371762 0 47250 0 26966 0 14250 0 11247 0 471475 0 0 0 Victor E Rauscher Vice President for Finance and Business 211295 0 20000 0 32923 0 10877 0 6274 0 281369 0 0 0 Connie Mayer Associate Dean for Academic Affairs 195023 0 0 0 10262 0 9570 0 12224 0 227079 0 0 0 Rosemary Queenan Associate Dean for Student Affairs 156800 0 10000 0 26715 0 8012 0 894 0 202421 0 0 0 Jeffrey Schanz Vice President for Institutional Advancement and Chief of Staff 163934 0 0 0 9084 0 8739 0 16648 0 198405 0 0 0 Mary Lynch Faculty 163907 0 0 0 26176 0 8311 0 894 0 199288 0 0 0 Anthony Farley Faculty 164556 0 0 0 1453 0 8710 0 12222 0 186941 0 0 0 Vincent Bonventre Faculty 160302 0 0 0 28522 0 7849 0 12224 0 208897 0 0 0 Patrick Connors Faculty 158931 0 0 0 27445 0 8567 0 17003 0 211946 0 0 0 David Pratt Faculty 156475 0 0 0 23348 0 7726 0 16646 0 204195 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 all expenditures is required to be submitted. The President and Dean is provided with membership to a social club as part of the contractual agreement with Albany Law School. Schedule J, Part I, Line 4 During fiscal year 2021, Albany Law School established a Non-Qualified Deferred Compensation Plan under Section 457(f) of the Code. The President and Dean is eligible for the plan and for the year ended June 30, 2021, $125,000 was recognized as expense for the plan 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 25 1560576 FMV 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 not 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 an 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 conflict or 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 for 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 for 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 with no 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 $151,960; Postretirement-related changes other than net periodic cost $848,769.