2016-11-14T09:57:28-06:00 2016-06-30 141555429 UHY ADVISORS NY INC 4 TOWER PLACE EXECUTIVE PARK 7TH FLOOR ALBANY NY 12203 990 2015-07-01 141423161 ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES ALBA 5186947216 106 NEW SCOTLAND AVE ALBANY NY 12208 MICHELE VIEN VICE PRESIDENT OF FINANCE 5186947216 2016-11-11 1 JAMES P DANIELS P00603621 5184493166 2015 2017-02-10 21:41:12Z MICHELE VIEN 106 NEW SCOTLAND AVE ALBANY NY 12208 64566151 0 X ACPHS.EDU X 1881 NY ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES IS DEDICATED TO EDUCATION, RESEARCH AND SERVICE IN THE HEALTH SCIENCES AND HEALTHCARE PROFESSIONS. 20 18 910 20 0 0 2574168 1115402 56021768 55352384 1542638 1046186 1627935 819993 61766509 58333965 10153609 11400105 0 0 26475419 25279042 0 0 1471573 19814001 19910194 56443029 56589341 5323480 1744624 126031528 126538210 39834320 38771153 86197208 87767057 X ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES IS DEDICATED TO EDUCATION, RESEARCH AND SERVICE IN THE HEALTH SCIENCES AND HEALTHCARE PROFESSIONS. 0 0 40816695 11400105 54071433 ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES EDUCATES STUDENTS FOR CAREERS IN HEALTHCARE AND IN THE LIFE SCIENCES INDUSTRY. THERE ARE APPROXIMATELY 1,400 STUDENTS ENROLLED AT THE COLLEGE AND 140 FULL-TIME AND PART-TIME FACULTY. THE COLLEGE OFFERS A DOCTOR OF PHARMACY (PHARM.D.) PROGRAM AND FOUR-YEAR BACHELOR'S DEGREES IN BIOMEDICAL TECHNOLOGY, CLINICAL LABORATORY SCIENCES, HEALTH AND HUMAN SCIENCES, MICROBIOLOGY, AND PHARMACEUTICAL SCIENCES. ACPHS ALSO HAS MASTER'S DEGREE PROGRAMS IN CLINICAL LABORATORY SCIENCES, CYTOTECHNOLOGY & MOLECULAR CYTOLOGY, HEALTH OUTCOMES AND INFORMATICS, MOLECULAR BIOSCIENCES, AND PHARMACEUTICAL SCIENCES. IN ADDITION, STUDENTS MAY PURSUE JOINT DEGREES IN THE FIELDS OF MEDICINE, LAW, AND BUSINESS THROUGH COOPERATIVE AGREEMENTS WITH AREA INSTITUTIONS.OPPORTUNITIES EXIST WITHIN EACH OF THESE PROGRAMS FOR STUDENTS TO WORK SIDE-BY-SIDE WITH FACULTY ON INNOVATIVE RESEARCH PROJECTS IN AREAS SPANNING THE LIFE SCIENCES, HEALTH OUTCOMES AND PHARMACEUTICAL SCIENCES.GRADUATES OF THE COLLEGE ARE PREPARED FOR A RANGE OF CAREERS IN THE BIOTECH, PHARMACEUTICAL AND MEDICAL DIAGNOSTIC INDUSTRIES. PHARMACY STUDENTS PROGRESS INTO COMMUNITY PHARMACY, HOSPITAL PHARMACY, LONG-TERM CARE AND SPECIALTY PHARMACY, AS WELL AS RELATED AREAS SUCH AS HEALTHCARE MANAGEMENT AND HEALTHCARE I.T.ACPHS HAS A SATELLITE CAMPUS IN COLCHESTER, VERMONT. THERE ARE APPROXIMATELY 180 FULL-TIME STUDENTS ENROLLED ON THE VERMONT CAMPUS. THE ACPHS-VERMONT CAMPUS OFFERS THE ONLY DOCTOR OF PHARMACY PROGRAM IN THE STATE. STUDENTS MAY ALSO PURSUE THE MASTER'S DEGREE IN PHARMACEUTICAL SCIENCES AT THE VERMONT CAMPUS. 3320853 1997778 THE COLLEGE IS COMMITTED TO A BROAD RANGE OF RESEARCH ACTIVITIES FOCUSED ON TRASLATING THE ADVANCES IN THE LIFE SCIENCES TO THE DEVELOPMENT OF NEW THERAPIES. THE COLLEGE IS ALSO HOME TO THE PHARMACEUTICAL RESEARCH INSTITUTE, A RESEARCH INSTITUTE DEDICATED TO THE DEVELOPMENT OF NANOHARMACEUTICAL AGENTS. 83730 68600 ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES IS COMMITTED TO A NUMBER OF OUTREACH ACTIVITIES. THE COLLEGE WORKS WITH A NUMBER OF SCHOOL, COMMUNITY, AND YOUTH ORGANIZATIONS.IN 2016, THE COLLEGE OPENED ITS FIRST STUDENT OPERATED PHARMACY. THE PHAMACY IS LOCATED IN THE HOMETOWN HEALTH CENTER IN SCHENECTADY, NY. THE COLLEGE PLANS TO OPEN ITS SECOND STUDENT OPERATED PHARMACY IN ALBANY, NY IN EARLY 2017. THE PHARMACIES OFFER THE DUAL BENEFIT OF PROVIDING A DISTINCTIVE AND INNOVATIVE EXPERIENCE FOR ACPHS STUDENTS AND IMPROVING ACCESS TO PHARMACY AND HEALTH CARE SERVICES FOR MEMBERS OF LOCAL COMMUNITIES.THE SUMMER ENRICHMENT PROGRAM, WHICH RUNS FOR SIX WEEKS EACH SUMMER, IS FOR AREA HIGH SCHOOL STUDENTS WHO DEMONSTRATE INTEREST IN A CAREER IN THE SCIENCES. EACH WEEK OF THE PROGRAM CONSISTS OF THREE DAYS OF RESEARCH WITH AN ACPHS FACULTY MEMBER, ONE DAY OF INSTRUCTIONAL ACTIVITIES, AND ONE DAY TO TOUR REGIONAL PHARMACEUTICAL COMPANIES. RELAY FOR LIFE, A FUNDRAISER FOR THE AMERICAN CANCER SOCIETY (ACS), BRINGS TOGETHER HUNDREDS OF PARTICIPANTS FROM THE COLLEGE AND LOCAL COMMUNITY TO RAISE MONEY FOR CANCER. THE COLLEGE CONSISTENTLY FINISHES AMONG THE TOP FUNDRAISING SCHOOLS IN THE COUNTRY AMONG THOSE WITH COMPARABLE ENROLLMENTS. IN 2016, THE COLLEGE TRANSFORMED ITS ANNUAL HEALTH AND WELLNESS EXPO INTO THE ALBANY COMMUNITY HEALTH DAY. THE EVENT WAS MOVED FROM ITS ON-CAMPUS LOCATION TO THE FUTURE SITE OF THE ALBANY STUDENT-OPERATED PHARMACY IN AN EFFORT TO BETTER ASSIST MEDICALLY-UNDERSERVED RESIDENTS FROM THE NEIGHBORING COMMUNITIES. STUDENTS AND FACULTY PROVIDED FLU SHOTS, HEALTH SCREENINGS, AND INFORMATION ON SUBJECTS SUCH AS HIGH BLOOD PRESSURE, HEART DISEASE, CANCER, AND DIABETES. THE EXPO INCLUDES A MEDICATION TAKEBACK EVENT, PROVIDING AREA RESIDENTS WITH A SAFE, COST-FREE OPPORTUNITY TO DISPOSE OF THEIR EXPIRED OR UNUSED MEDICATIONS. THE COLLEGE ALSO ORGANIZES A COMPANION EVENT IN COLCHESTER (THE COLCHESTER COMMUNITY WELLNESS FAIR) THAT IS LED BY STUDENTS ON THE ACPHS VERMONT CAMPUS.ACPHS STUDENTS AND FACULTY CONTRIBUTE TO THE COMMUNITY IN A VARIETY OF OTHER WAYS, INCLUDING VOLUNTEER WORK AND SUPPORT FOR THE AMERICAN RED CROSS, BOYS AND GIRLS CLUBS, GREAT AMERICAN SMOKEOUT, MAKE A WISH FOUNDATION, MARCH OF DIMES, MEALS ON WHEELS, NATIONAL KIDNEY FOUNDATION, RONALD MCDONALD HOUSE, ST. JUDE CHILDREN'S HOSPITAL, TOYS FOR TOTS, AND MANY MORE. 44221278 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 150 0 910 1 0 0 0 0 0 1 1 0 0 0 0 X 20 18 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 MATTHEW BETTE TRUSTEE 1.00 X 0 0 0 RAYMOND BLESER JR TRUSTEE 1.00 X 0 0 0 WALTER BORISENOK TRUSTEE 1.00 X 0 0 0 LEIGH BRISCOE-DWYER TRUSTEE 1.00 X 0 0 0 JAMES DERING TRUSTEE 1.00 X 0 0 0 THOMAS D'AMBRA TRUSTEE 1.00 X 0 0 0 PAUL DEROHANNESIAN TRUSTEE 1.00 X 0 0 0 CHRISTOPHER DILASCIA TRUSTEE 1.00 X 0 0 0 MICHAEL DUTEAU TRUSTEE 1.00 X 0 0 0 GENO GERMANO JR TRUSTEE 1.00 X 0 0 0 ROCCO GIRUZZI JR TRUSTEE 1.00 X 0 0 0 SUSAN LEARNED TRUSTEE 1.00 X 0 0 0 JAMES NOTARO TRUSTEE 1.00 X 0 0 0 SCOTT TERRILLION TRUSTEE 1.00 X 0 0 0 PAMELA WILLIAMSON TRUSTEE 1.00 X 0 0 0 STEPHEN AINLAY TRUSTEE 1.00 X 0 0 0 HERBERT CHORBAJIAN CHAIRMAN 1.00 X X 0 0 0 MARION MORTON VICE CHAIR 1.00 X X 0 0 0 CHRISTOPHER MITIGUY TREASURER 1.00 X X 0 0 0 KANDYCE DALEY SECRETARY 1.00 X X 0 0 0 THOMAS DEWEY PRESIDENT 40.00 X 401452 0 47484 TARUN PATEL PROVOST 40.00 X 178347 0 25001 SHAKER MOUSA VICE PROVOST OF RESEARCH 40.00 X 373476 0 51019 ANGELA DOMINELLI DEAN OF PHARMACY AND PHARMACEUTICAL SCIENCES 40.00 X 216077 0 41200 ROBERT HAMILTON ASSOCIATE DEAN AND PROFESS 40.00 X 184523 0 38553 ROBERT DICENZO DEAN OF PHARMACY AND PHARMACEUTICAL SCIENCES 40.00 X 178293 0 39662 VICKI DILORENZO VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT 40.00 X 170479 0 26425 JAMES GOZZO FORMER PRESIDENT (OFFICER) 0.00 X 285787 0 48234 1988434 0 317578 42 1 1 0 CHARTWELLS PO BOX 417632 BOSTON NY 022417632 FOOD SERVICE 1829986 UNIVERSITY HEIGHTS ASSOCIATION 130 NEW SCOTLAND AVE ALBANY NY 12208 SECURITY 801566 BETTE & CRING LLC 26 CENTURY HILL DR SUITE 101 LATHAM NY 121102128 CONSTRUCTION 545247 160OVER90 510 WALNUT STREET 19TH FLOOR PHILADELPHIA PA 19106 MARKETING 374440 BASCH SUBSCRIPTIONS INC 10 FERRY STREET SUITE 429 CONCORD NH 03301 JOURNAL SUBSCRIPTIONS 285738 15 36396 1079006 134470 1115402 EDUCATION 611600 53286006 53286006 RESEARCH 611600 1997778 1997778 COMMUNITY SERVICE 611600 68600 68600 55352384 1056414 1056414 49080 0 49080 49080 49080 6176915 6187143 -10228 -10228 -10228 30529 36396 45043 -14514 -14514 OTHER INCOME 900099 785427 785427 785427 58333965 56137811 0 1080752 11400105 11400105 815832 815832 18682512 13857568 4147591 677353 1822866 1292122 456235 74509 2603892 2124222 396214 83456 1353940 967095 339574 47271 136000 136000 77715 77715 27120 27120 144403 144403 682410 623229 59181 289077 190087 74819 24171 1655770 1140592 471682 43496 466894 466894 3263316 2328949 818305 116062 466465 313383 72403 80679 612199 253222 259076 99901 692954 494545 173764 24645 4921261 3512184 1234049 175028 383693 189576 194117 FOOD SERVICE OPERATIONS 2148216 2148216 LEASES 1548998 1548998 GENERAL EXPENSES 596247 544047 52200 BOOKS/PERIODICALS/AV 437375 437375 1360081 855763 479316 25002 56589341 44221278 10896490 1471573 23638396 26822346 2092358 2229286 450230 633461 2778628 2885678 284538 637562 99004623 53382982 48846892 45621641 43971576 45201552 1051411 488362 2917499 2018322 126031528 126538210 2206161 2013735 2313459 2367539 7243354 7203328 24846017 23456428 3225329 3730123 39834320 38771153 X 73578075 74439659 4396059 4939168 8223074 8388230 86197208 87767057 126031528 126538210 X 1744624 77136 225667 -477578 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 27120 27120 0 PART II-B, LINE 1: THE COLLEGE HAS RETAINED W.O.H. GOVERNMENT SOLUTIONS 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. 40499118 164938 769773 145300 41288529 38615529 281020 1602569 40499118 23298363 10262258 5054908 38615529 21258400 195205 1844758 23298363 17033621 3530596 694183 21258400 0.74770 0.25230 0.00000 0 0 6413706 6413706 58491611 26880610 31611001 4913111 2442738 2470373 19212589 17636457 1576132 9973606 6423177 3550429 45621641 POST RETIREMENT HEALTH CARE BENEFIT OBLIGATION 2339552 DEPOSITS HELD IN CUSTODY FOR OTHERS 348174 LEASE OBLIGATIONS 920009 DEFERRED COMPENSATION LIABILITY 115655 GIFT ANNUITY 6733 3730123 X 47106742 225667 93668 319335 46787407 11546558 11546558 58333965 46042720 103985 103985 45938735 144403 10506203 10650606 56589341 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. IN ADDITION, THE BOARD OF TRUSTEES HAS DETERMINED THAT NO FUNDS WILL BE WITHDRAWN FROM THE PLANT CAPITAL PORTION, BOARD-DESIGNATED ENDOWMENT. PART X, LINE 2: FIN 48 (ASC 740) TEXT OF FINANCIAL STATEMENTS FOOTNOTE RELATED TO 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, 2016 AND 2015. 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 48,625. GOLF TOURNAMENTS 45,043. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 10,506,203. GAIN/LOSS ON SALE OF SEC AND INTEREST INCOME 1,040,355. PART XII, LINE 2D - OTHER ADJUSTMENTS: GOLF TOURNAMENTS 45,043. SEOG INSTRUCTIONAL CONTRIBUTION 48,625. CHANGE IN VALUE OF CHARITABLE ANNUITY $10,317 10,317. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 10,506,203. 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 ADMINSTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES ASSITANCE FROM THE GOVERNMENT FOR BOTH RESEARCH AND DEVELOPMENT AS WELL AS SUPPORTING FINANCIAL AID. SCHEDULE E, PART I LINE 2 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 DISABILITY IN ITS PROGRAMS AND ACTIVITIES. THE COLLEGE'S POLICY OF NONDISCRIMINATION EXTENDS TO ALL AREAS OF COLLEGE OPERATIONS, INCLUDING BUT NOT LIMITED TO ADMISSIONS, STUDENT AND ATHLETICS, AND EMPLOYMENT AND EDUCATIONAL PROGRAMS. ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCCORDED TO ALL FULL-TIME MATRICULATED STUDENTS OF THE COLLEGE ARE ACCORDED ON A NONDISCRIMINATORY BASIS. ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES IS AN EQUAL OPPORTUNITY EMPLOYER THAT CONFORMS TO THE REGULATIONS AND POLICIES OF AFFIRMATIVE ACTION AND OF TITLE IX. THE DEAN OF STUDENTS IS THE TITLE IX OFFICER OF THE COLLEGE. EMPLOYEE INQUIRIES ARE HANDLED BY THE EXECUTIVE DIRECTOR OF HUMAN RESOURCES. PRESIDENT'S CUP GOLF TOURNAMENT 47901 31110 16791 6622 16791 2019 FONSMZ GOLF TOURNAMENT 19024 5286 13738 3862 7767 5971 2011 66925 36396 30529 10484 24558 5971 4030 45043 -14514 1 SCHOLARSHIPS AND FINANCIAL AID FOR STUDENTS ATTENDING THE COLLEGE. 2271 11400105 0 PART I, LINE 2: ORGANIZATION'S PROCEDURES FOR MONITORING 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 0 0 0 0 0 0 0 0 0 THOMAS DEWEY PRESIDENT 398527 0 0 0 2925 0 29150 0 18334 0 448936 0 0 0 TARUN PATEL PROVOST 178347 0 0 0 0 0 17115 0 7886 0 203348 0 0 0 SHAKER MOUSA VICE PROVOST OF RESEARCH 373476 0 0 0 0 0 29150 0 21869 0 424495 0 0 0 ANGELA DOMINELLI DEAN OF PHARMACY AND PHARMACEUTICAL 216077 0 0 0 0 0 24100 0 17100 0 257277 0 0 0 ROBERT HAMILTON ASSOCIATE DEAN AND PROFESS 184523 0 0 0 0 0 20677 0 17876 0 223076 0 0 0 ROBERT DICENZO DEAN OF PHARMACY AND PHARMACEUTICAL 178293 0 0 0 0 0 20244 0 19418 0 217955 0 0 0 VICKI DILORENZO VICE PRESIDENT OF INSTITUTIONAL ADVA 170479 0 0 0 0 0 18696 0 7729 0 196904 0 0 0 JAMES GOZZO FORMER PRESIDENT (OFFICER) 277037 0 0 0 8750 0 29150 0 19084 0 334021 0 178754 0 PART I, LINE 1A CLUB MEMBERSHIP: 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 BENEFITS 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 DETERMINATION OF PRESIDENT'S COMPENSATION: 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 2004A/B BONDS 0 0 0 B CITY OF ALBANY CAPITAL RESOURCE CORPORATION 273467899 2014-10-23 7330000 REFINANCING 2008A BOND 0 0 0 A 535000 17804994 321122 17483872 2014 1 0 1 1 B 550000 7300000 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 GIL CHORBAJIAN SON OF TRUSTEE 111059 EMPLOYED AS THE DIRECTOR OF MARKETING 0 BETTE CRING CONSTRUCTION TRUSTEE MR. BETTE HAS OWNERSHIP INTEREST 545247 RENOVATIONS TO BUILDINGS 0 X 6 108082 FAIR MARKET VALUE X SHELVING, CABINET, COUNTERS 1 25548 FAIR MARKET VALUE X SPORTS DRINKS TOWELS BOTTLES 1 2500 FAIR MARKET VALUE X FUNDRAISING PRIZES 2 840 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 REVIEW PROCEDURE: THE PROCESS INCLUDES A DETAILED REVIEW AND APPROVAL BY THE AUDIT COMMITTEE. THE FORM 990 IS MADE AVAILABLE TO THE FULL BOARD FOR ITS REVIEW. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY PROCEDURE: 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 EALIEST 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 COMPENSATION PROCEDURES: 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 AVAILABILITY TO PUBLIC OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS: THESE ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: INCREMENTAL EFFECT OF APPLYING FAS 158 ($467,261) -467,261. LOSS CHANGE IN CHARITABLE ANNUITY ($10,317) -10,317.