2020-11-13T11:50:24-08:00 2019-12-31 135565207 KPMG LLP 515 Broadway Albany NY 12207 990 2019-01-01 141641730 Albany Medical Center ALBA 5182625585 47 New Scotland Ave MC116 Albany NY 12208 Frances S Albert Exec VP COO & CFO 5182628795 2020-11-13 true Todd P Teresco P00247720 5184274600 2019 2021-01-29 14:40:06Z Dennis P McKenna 201771743 false 5980 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. 32 29 1779 32 0 -250 41800 1041356 187350196 198377619 225075 367988 -182825 1969387 187434246 201756350 0 0 99069257 104450171 0 0 86171918 93986769 185241175 198436940 2193071 3319410 248266243 270593360 233996644 254737559 14269599 15855801 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 57585704 53307216 Other Administrative Support Services: The Center coordinates planning, financial, information and policy direction for our affiliated exempt organizations. 46879575 30341905 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. 36596127 58691395 Financial Management: Centralized corporate finance related operations for the Center and affiliated exempt organizations. 57375534 57591401 198436940 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 true false false false false true true true true false false true 457 0 true 1779 true false true CJ false false false false false 0 false false false false false true false X 32 29 false false false false false false false true true false false true true true true true true true true false NY X Frances S Albert CPA 5182628795 47 New Scotland Ave Albany NY 12208 James J Barba President & CEO 19.00 21.00 X X 1721450 0 314648 Steven M Frisch MD SR Exec VP Integrated Deliv System 15.00 42.00 1085977 0 121031 Vincent Verdile MD SR Exec VP Sys Care Delivery & Dean 2.00 40.00 0 1049321 121304 Dennis P McKenna MD EVP & Pres FP-SR ADEANCLNA 20.00 22.00 0 1039151 111551 Frances S Albert EVP COO & CFO 7.00 37.00 X 922893 0 87444 Ferdinand J Venditti Jr MD EVP System Care Delivery-VDEANCLNAF 1.00 41.00 0 850805 102220 Steven M Parnes MD Board Member 2.00 46.00 X 0 756058 31531 George T Hickman Exec VP & CIO 40.00 4.00 604812 0 79701 Matthew C Jones General Counsel 40.00 0.00 574207 0 69236 Darleen L Souza SVP HR 40.00 0.00 455471 0 63397 Scott St George SVP Finance 40.00 0.00 420415 0 18126 Molly A Nicol SVP Devel and Comm 20.00 20.00 186533 186533 45265 Kevin Leyden SVP Bus Dev&Strat 40.00 0.00 335810 0 54704 Gary J Kochem Exec VP & COO 19.00 21.00 318868 0 263 Anthony M Durante Board Member 2.00 6.00 X 0 0 0 Raimundo C Archibold Jr Board Member 2.00 6.00 X 0 0 0 Margaret Gillis Vice Chair 2.00 6.00 X 0 0 0 Havidan Rodriguez Board Member 2.00 6.00 X 0 0 0 Michael H Iacolucci Board Member 2.00 11.00 X 0 0 0 Peter H Elitzer Board Member 2.00 6.00 X 0 0 0 Robert T Cushing Chairman 2.00 11.00 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 Sharon Duker Board Member 2.00 6.00 X 0 0 0 Carolyn Stefanco 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 Mary Gail Biebel Board Member 2.00 15.00 X 0 0 0 Theresa Skaine Board Member 2.00 11.00 X 0 0 0 Doug Hamlin Vice Chair 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 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 Board Member 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 14.00 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 Ruth H Mahoney Board Member 2.00 6.00 X 0 0 0 Morris C Massry Board Member 2.00 6.00 X 0 0 0 Janice White EdD Board Member 2.00 11.00 X 0 0 0 6626436 3881868 1220421 101 true true false Cerner Health Services Inc PO Box 959156 St Louis MO 63195 IT Support Services 4258729 Chartis Group LLC Department 5925 Carol Stream IL 60122 Consulting 3075674 Allscripts Healthcare LLC 24630 Network Pl Chicago IL 60673 Consulting 3049159 Aramark 27310 Network Place Chicago IL 606731273 Environmental Svcs 2347317 Mercer PO Box 13793 Newark NJ 071880793 Consulting 2254403 60 11794 500000 529562 1041356 Building Operation 561000 31987693 31987693 Financial Management 561000 58691395 58691395 Informat'n System/Service 561000 30341905 30341905 Materials Management 561000 25603708 25603708 Other Admin Support Serv 561000 51752918 51752918 198377619 286896 286896 81092 81092 0 430482 15393 415089 415089 415089 0 0 0 0 Miscellaneous 812900 1554298 1554298 1554298 201756350 199931917 783077 0 0 0 0 4872988 4872988 0 83053375 83053375 2019509 2019509 8725652 8725652 5778647 5778647 2089104 2089104 997238 997238 171511 171511 141634 141634 0 3015 3015 18316311 18316311 2666205 2666205 2086449 2086449 0 0 5526909 5526909 126306 126306 0 0 3670396 3670396 0 19312700 19312700 414382 414382 Machine Rental & Lease 23498705 23498705 Drugs and Medicine 11121341 11121341 Miscellaneous Expense 2328710 2328710 Intracompany 1515853 1515853 0 198436940 198436940 0 0 9136196 8566445 10170560 15000070 0 136408 1340651 0 0 0 786335 640971 5913278 5287072 292230232 133241888 135004890 158988344 0 0 34603371 45646447 0 52515205 35123360 248266243 270593360 30595298 36095488 35351953 46288336 34426902 45074283 36143829 46248573 97478662 81030879 233996644 254737559 X 14269599 15855801 14269599 15855801 248266243 270593360 X 3319410 -1733208 X false true X true true true X X 7 Albany Medical Center Hospital 141338307 3 true 0 169937672 Albany Medical College 141338310 2 true 0 24149123 Albany Medical Center Kidskeller 222635792 2 true 0 0 Albany Medical Center Foundation 146023119 7 true 0 336239 Columbia Memorial Hospital 141338373 3 true 0 1241857 Kaaterskill Commons Inc 205700964 7 true 0 0 Saratoga Hospital 141338547 3 true 0 2772049 7 198436940 true false false false false false false false false false false false false false false true true true X true true Part I: Additional Information Line 12g:The Amount of Other Support total as presented on page 1 of Schedule A, Part I, Line 12g of 198,436,940 is correct. However due to a software limitation we are unable to show that correct total in the Schedule A, Part VI disclosure above for Schedule A, Part 1, Line 12. Part IV, Section D, Line 3: Role The Organization's Supported Orgs. Played Each of AMCs directly supported organizations either (1) appoints one or more members of AMCs board, or (2) has at least one officer or director that sits on AMCs board which, as a result, gives each supported organization a significant voice in AMCs investment policies and in directing the use of AMCs income or assets at all times during the tax year. Part IV, Section E, Line 2a: Identify Supported Orgs. and Explain How Activities Furthered Exempt Pu AMC supports the following organizations: Albany Medical Center Hospital, Albany Medical College, Albany Medical Center Kidskeller, Albany Medical Center Foundation, Inc., The Columbia Memorial Hospital, Kaaterskill Commons, Inc., and The Saratoga Hospital. AMC directly furthers the exempt purposes of these supported organizations by coordinating their activities and engaging in overall planning, policy development, budgeting, resource allocation, and administrative support (including accounting and finance, risk management, legal and compliance) for these organizations. These activities constitute substantially all of AMCs activities. Part IV, Section E, Line 2b: Reasons For The Organization's Position The activities described in Line 2a constitute activities that, but for AMCs involvement, would have had to be carried on by the supported organizations themselves, either on their own behalf or to act together as an integrated hospital system. In other words, management oversight, budgeting, resource allocation, policy development, and administrative functions such as accounting and finance, risk management, legal and compliance are all activities that AMCs supported organizations would have to carry out themselves were it not for AMC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false true false true 1574 false false true 140060 false false 141634 false false false true X 11288579 11288579 88357324 15693397 72663927 38954289 18442562 20511727 118988353 89491084 29497269 34641687 9614845 25026842 158988344 45646447 Equity in Midstate Partners 1009 Interinstitutional Receivables - Current 3313377 Interinstitutional Receivables - LT 30800822 Workers Compensation LT 1008152 35123360 Accrued abatement costs 121579 Deferred revenue 2711405 Derivative Rates - Long-term 5081004 Interinstitutional Payables - Current 1830536 Interinstitutional Payables - LT 70558396 Workers Compensation LT 727959 81030879 X 201966914 210564 210564 201756350 201756350 200416362 1979422 1979422 198436940 198436940 Part IV, Line 2b: Explanation of escrow account liability Albany Medical Center has a deferred compensation program. Part X : FIN48 Footnote s) Income TaxesWith the exception of Madison Avenue Services Corporation, Albany Med Subs, Albany Medical Park South I, LLC and Better Health of Northeast New York, Inc. all entities comprising the System 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. Better Health of Northeast New York, Inc. is a 501(c)(6). Income taxes associated with Madison Avenue Services Corporation are not material to the combined financial statements. In addition, Albany Medical Park South I, LLC and Albany Med Subs, are limited liability companies which are disregarded entities for income tax purposes. The System 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 as of December 31, 2019 and 2018. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Pension Related Changes $1742291 Interest Rate Swaps $-3475499 Rev. of Cons. Affiliate inc. Elimination $1943772 Part XII, Line 2d: Other expenses and losses per audited F/S Exp. of Cons. Affiliate inc. Elimination $1979422 X X X X X false true false false false false false false false Darleen L Souza SVP HR 371583 79716 4172 42649 20748 518868 Dennis P McKenna MD EVP & Pres FP-SR ADEANCLNA 830213 192550 16388 85735 25816 1150702 Ferdinand J Venditti Jr MD EVP System Care Delivery-VDEANCLNAF 645347 184478 20980 75987 26233 953025 Frances S Albert EVP COO & CFO 665981 239538 17374 82973 4471 1010337 Gary J Kochem Exec VP & COO 120000 198868 263 319131 George T Hickman Exec VP & CIO 438007 156063 10742 57947 21754 684513 James J Barba President & CEO 1012413 425000 284037 308228 6420 2036098 264100 Kevin Leyden SVP Bus Dev&Strat 264515 68085 3210 34054 20650 390514 Matthew C Jones General Counsel 445064 121661 7482 48133 21103 643443 Molly A Nicol SVP Devel and Comm 148440 148440 35818 35818 2275 2275 17759 17759 4874 4873 209166 209165 Scott St George SVP Finance 419125 1290 8400 9726 438541 Steven M Frisch MD SR Exec VP Integrated Deliv System 792472 272525 20980 98614 22417 1207008 Steven M Parnes MD Board Member 728022 8202 19834 8400 23131 787589 Vincent Verdile MD SR Exec VP Sys Care Delivery & Dean 785163 243178 20980 95300 26004 1170625 A City of Albany CRC 2014A 273467899 2014-12-09 20000000 Renovations/Construction false false false B City of Albany CRC 2014B 273467899 2014-12-09 5000000 Renovations/Construction false false false C City of Albany CRC 2014A 273467899 2019-11-25 19929401 RefundCity of Albany CRC 2014A false false false D City of Albany CRC 2017A 273467899 2017-11-15 2625000 RefundCity of Albany IDA 2006A false false false A 1262091 20000000 400000 19600000 2016 false false true true B 266128 5000000 5000000 2016 false false true true C 28538 19929401 19929401 2019 true true true true D 2625000 2625000 2017 true false true true A false false true true false false false true B false false true true false false false true C false false true true false false false true D false false true true false false false true A false true true Key Bank 25.0000 false false false false true B false true false false false true C false true true true Key Bank 26.5800 false false false false true D false true true false false false true A true B true C true D true Part VI Part I, Line C, Column f - issued 12/09/2014.Part I, Line D, Column f - issued 5/03/2006.Part I, Line A, Column f - issued 6/28/2007.Part II, Line 1, Columns A-D - Total proceeds of issue less amount of bonds retired will not equal Form 990, Part X, Line 20 because the Balance Sheet amount is presented net of deferred financing costs. Part II, Line 11, Columns A-D - Total proceeds were used to refund the prior issued bonds referenced in Part 1 Column f. Part III, Line 3a, Columns A-D - Albany Medical Center has incidental management and service contracts in various financed areas therefore no contracts are considered to result in private business use within the bond financed property group.Part IV, Line 2c, Columns A-B - Rebate calculations performed on 12/09/2019. A City of Albany CRC 2017C 273467899 2017-11-15 1750000 RefundCity of Albany IDA 2007A false false false A 285000 1750000 1750000 2017 true false true true A false false true true false false false true A false true true true Bank of America 9.5000 false false false false true A true Antoinette Bishop Family Mbr 34453 Employment false Tri City Rentals LLC Family Mbr 662259 Property Rental false Schedule L, Part V Supplemental Information Antoinette Bishop is the sister of James Barba, CEO.Tri City Rentals, LLC is an entity more than 35% owned by the father of Morris Massry, Board Member. 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 its Audit Committee, engages a prominent accounting firm, KPMG, to conduct a review of its 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 Decreases Change in fair value of interest rate swaps = -$3475499 Other Changes In Net Assets Or Fund Balances - Other Increases Effect of adoption of provisions of FASB #158 = $1742291 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 its 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, Kidskeller Inc., Better Health for Northeast New York Inc., Columbia Memorial Hospital, Kaaterskill Commons Inc., Columbia-Greene Hospital Foundation, The Second Show Inc., Saratoga Hospital, Saratoga Regional Medical PC, Saratoga Care Inc., and Healthcare Partners of Saratoga LTD. (d/b/a Malta Med Emergent Care or MMEC). Albany Medical Park South I LLC 43 New Scotland Ave Albany NY 12208 473716279 Real Estate NY 58626 Albany Medical Center Albany Med Subs LLC 43 New Scotland Ave Albany NY 12208 813575709 Restaurant NY -109074 Albany Medical Center Albany Medical Center Hospital 43 New Scotland Ave Albany NY 12208 141338307 Hospital Services NY 501(c)(3) 3 N/A false Albany Medical College 47 New Scotland Ave Albany NY 12208 141338310 Medical Degree Programs NY 501(c)(3) 2 N/A false Albany Medical Center Foundation 47 New Scotland Ave Albany NY 12208 146023119 Fundraising NY 501(c)(3) 7 N/A false Albany Medical Center Kidskeller 47 New Scotland Ave 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) 12 Type I Albany Medical College false Better Health for Northeast New York Inc 43 New Scotland Ave Albany NY 12208 811861104 Delivery System Reform Incentive Payment NY 501(c)(6) Albany Medical Center Hospital false Columbia Memorial Hospital 71 Prospect Ave Hudson NY 12534 141338373 Hospital Services NY 501(c)(3) 3 N/A false Kaaterskill Commons Inc 163 Jefferson Heights Catskill NY 12414 205700964 Low-Income Housing NY 501(c)(3) 7 Columbia Memorial Hospital false Columbia-Greene Hospital Foundation 71 Prospect Ave Hudson NY 12534 141761112 Fundraising NY 501(c)(3) 10 Columbia Memorial Hospital false The Second Show Inc 519 Warren Street Hudson NY 12534 141796715 Thrift Shop NY 501(c)(3) 7 Columbia Memorial Hospital false Saratoga Hospital 211 Church Street Saratoga Springs NY 12866 141338547 Hospital Services NY 501(c)(3) 3 N/A false Saratoga Regional Medical PC 211 Church Street Saratoga Springs NY 12866 472468259 Healthcare Services NY 501(c)(3) 3 Saratoga Hospital false Saratoga Care Inc 211 Church Street Saratoga Springs NY 12866 141775218 Promoting Health NY 501(c)(3) 12 Type II Saratoga Hospital false Healthcare Partners of Saratoga Ltd MMEC 211 Church Street Saratoga Springs NY 12866 453303309 Emergent Care NY 501(c)(3) 3 N/A false Madison Avenue Services Corp 47 New Scotland Ave MC 116 Albany NY 12208 141665610 Services - Other (Inactive) NY Albany Medical Cente C Corp 8 4532 1.00000 true false false true false false false false false false true true true false false false true true true true Albany Medical Center Kidskeller q 113355 Book Value Albany Medical Center Kidskeller s 139880 Book Value