2016-12-06T08:34:44-07:00 2016-06-30 990 2015-07-01 141338309 ALBANY LAW SCHOOL ALBA 5184452391 80 New Scotland Avenue Albany NY 122083494 Victor E Rauscher Vice President for Finance 5184453294 2016-12-06 2015 2017-02-10 21:41:12Z Alicia Ouellette 80 New Scotland Avenue Albany NY 12208 41924399 0 X www.albanylaw.edu X 1851 NY Albany Law School educates and empowers tomorrow's leaders in law practice, business, public interest, and government. 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. Learning at Albany Law School is a joint venture between students and faculty members, supported by staff, administrators, alumni, and the Board of Trustees. 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. 32 32 336 432 0 0 2174772 3438057 19897408 17552762 3554374 3572111 217938 205700 25844492 24768630 7161179 7239237 0 0 11488010 10803302 22517 28580 911543 7904524 7274629 26576230 25345748 -731738 -577118 101952795 98280620 21564386 20807569 80388409 77473051 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 two degrees (J.D. or LLM) in the area of law. 0 0 20458620 7239237 22430390 Higher education: Albany Law School has an enrollment of 386 FTEs and full time faculty of 35. In the current fiscal year 152 degrees were awarded to JD and LLM students. 0 0 0 20458620 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 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 0 0 0 0 0 0 0 0 1 695 0 336 1 0 0 0 0 0 1 1 0 0 0 0 X 32 32 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X X Victor E Rauscher 5184453294 80 New Scotland Ave Albany NY 122083494 Daniel P Nolan Trustee-Chair 2 0 X 0 0 0 Randolph F Treece Trustee-Vice Chair 2 0 X 0 0 0 Johnna G Torsone Trustee-Secretary 2 0 X 0 0 0 Robert C Miller Trustee-Treasurer 2 0 X 0 0 0 James N Benedict Trustee 2 0 X 0 0 0 William A Brewer III Trustee 2 0 X 0 0 0 Keiki-Michael Cabanos 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 Thania B Fernandez Trustee 2 0 X 0 0 0 Dan S Grossman 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 E Stewart Jones Jr Trustee 2 0 X 0 0 0 Patrick K Jordan Trustee 2 0 X 0 0 0 Peter C Kopff Trustee 2 0 X 0 0 0 J Kevin McCarthy Trustee 2 0 X 0 0 0 Timothy D O'Hara Trustee 2 0 X 0 0 0 Nelson Perez Trustee 2 0 X 0 0 0 Rory J Radding Trustee 2 0 X 0 0 0 Christina L Ryba 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 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 Mark S Zaid Trustee 2 0 X 0 0 0 Jon A Dorf Trustee 2 0 X 0 0 0 Alicia Ouellette President and Dean 35 0 X 349653 0 34795 Victor E Rauscher Vice President for Finance & Business 35 0 X 182637 0 20432 Connie Mayer Associate Dean for Academic Affairs 35 0 X 203823 0 27877 Ira Bloom Faculty 35 0 X 170339 0 34231 Mary Lynch Faculty 35 0 X 146336 0 14635 Raymond Brescia Faculty 35 0 X 142975 0 29672 Michael Hutter Faculty 35 0 X 141333 0 31042 David Pratt Faculty 35 0 X 140486 0 37335 Penelope Andrews Former President 35 0 X 298545 0 21921 1776127 0 251940 26 1 1 0 Thomson Reuters 610 Opperman Drive Eagan MN 55123 Publishing services 355305 Janitronics 1988 Central Ave Albany NY 12212 Custodial services 329036 University Heights Association 130 New Scotland Ave Albany NY 122083475 Security 308457 Computer Professionals International 2165 Technology Dr Schenectady NY 12308 Information Technology 290300 Ellucian 62814 Collections Ctr Dr Chicago IL 60693 Information Technology 193731 10 0 0 0 0 1180112 2257945 73659 3438057 Tuition and fees 611310 17427875 17427875 0 0 Income on student loans 900099 109950 109950 0 0 Bookstore 451211 14937 14937 0 0 0 0 0 0 17552762 1514482 1514482 0 0 0 0 0 0 18764 18764 0 0 0 0 19213398 0 17155769 0 2057629 0 2057629 2057629 0 0 0 186936 186936 0 0 186936 24768630 21330573 0 0 0 0 7239237 7239237 0 0 0 0 699108 189888 509220 0 0 0 0 0 7975520 6403778 1130324 441418 393585 264625 108484 20476 1128395 758670 311020 58705 606694 407907 167223 31564 0 0 0 0 84763 0 84763 0 77209 0 77209 0 10313 0 0 10313 28580 28580 215064 0 215064 0 712872 252123 414352 46397 59825 2200 57625 0 178805 92539 73090 13176 343229 0 343229 0 0 0 0 0 1347813 1188000 128895 30918 346548 182788 128936 34824 0 0 0 0 203529 54924 21661 126944 766211 712576 38311 15324 0 0 0 0 1465226 1362660 73261 29305 120577 113163 5296 2118 Library 769522 769522 0 0 Student services 142651 142651 0 0 Memberships and dues 107227 52629 54423 175 All other expenses 323245 268740 33199 21306 0 0 0 0 25345748 20458620 3975585 911543 823123 893379 5445863 3425590 24625 881220 557994 750835 0 0 0 0 2820193 3233851 0 0 331449 357625 51880584 31689099 21192357 20191485 66809503 64659751 0 0 0 0 0 0 3947688 3886884 101952795 98280620 3525153 3306045 0 0 113113 176499 15394152 14793057 0 0 0 0 0 0 0 0 2531968 2531968 21564386 20807569 X 50180088 46555800 10056891 10758433 20151430 20158818 80388409 77473051 101952795 98280620 X -577118 -2286712 0 0 0 -51528 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 11808 0 0 11808 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. 49505865 3401400 939528 722930 2013545 189237 50921081 48158684 210751 3041000 460162 1257240 187168 49505865 41746499 355286 7381514 329518 824820 170277 48158684 35658881 1899256 4931266 190144 416776 135984 41746499 34102812 1170959 1031750 171501 335422 139717 35658881 0.508 0.327 0.165 0 0 0 2256405 2256405 0 33713561 18357455 15356106 0 1550471 946085 604386 0 14360147 12385559 1974588 0 0 0 0 20191485 US Government student loan program advances 2531968 2531968 X 15093202 -2286712 9897 0 -7398613 -9675428 24768630 0 0 0 24768630 18008560 9897 0 0 0 9897 17998663 0 7347085 7347085 25345748 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. Schedule D, Part XI, Line 2d Student financial aid ($7,347,085); Change in value of beneficial interest in trusts ($77,915); and Postretirement-related changes other than net periodic costs $26,387. Schedule D, Part XII, Line 4b Student financial aid $7,347,085. 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) and a Department of Commerce Economic Development Cluster Grant. X 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 77538 28580 48958 77538 28580 48958 NY 1 Scholarships, fellowships and grants 336 7239237 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, annual giving by alumni and friends and other sources. The Admissions Committee awards the scholarships to first year students in the form of three 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. 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 1 0 0 0 0 0 0 0 0 Alicia Ouellette President and Dean 319653 0 30000 0 18630 0 19592 0 12099 0 399974 0 0 0 Victor E Rauscher Vice President for Finance & Business 182637 0 0 0 19517 0 12738 0 5090 0 219982 0 0 0 Connie Mayer Associate Dean for Academic Affairs 203823 0 0 0 2447 0 14641 0 13425 0 234336 0 0 0 Ira Bloom Faculty 170339 0 0 0 27041 0 14114 0 9924 0 221418 0 0 0 Mary Lynch Faculty 146336 0 0 0 24264 0 12021 0 920 0 183541 0 0 0 Michael Hutter Faculty 141333 0 0 0 11835 0 11475 0 9924 0 174567 0 0 David Pratt Faculty 140486 0 0 0 6399 0 10068 0 12933 0 169886 0 0 0 Raymond Brescia Faculty 142975 0 0 0 3499 0 10763 0 9915 0 167152 0 0 0 Penelope Andrews Former President 298545 0 0 0 17194 0 14227 0 5090 0 335056 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 The individual listed on Part II, Line 9, separated from employment on June 30, 2015. A portion of the other reportable compensation $335,056 was paid as a severance payment to the individual. A City of Albany Industrial Development Agency 522015750 012440JD6 2007-06-25 18947846 Refinancing and land purchase 0 0 0 A 0 0 18947846 1379543 0 15096040 378956 0 0 2093306 0 0 2007 0 1 1 1 A 0 0 0 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 A 0 Schedule K, Part IV, Line 2c-06/25/2007 18,947,846 City of Albany Industrial Development Agency The date the rebate computation was performed was June 25, 2012. X 19 70521 Average Market Value X Various in kind 7 3138 Fair Value 0 0 1 0 Form 990, Part VI, Section A, Line 2 James E. Hacker, Trustee, and E. Stewart Jones Jr., Trustee, have a business relationship. 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) 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 summarization 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 transaction 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 official's (President and Dean) compensation. The President and Dean provides the Compensation Committee with an annual self assessment for their review. In addition, the Committee utilizes comparable compensation data of other presidents and deans 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 her/his 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 ($77,915); and Postretirement-related changes other than net periodic cost $26,387.