2015-06-24T12:36:31-05:00 2014-12-31 271728945 O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2014-01-01 135505367 THE ANIMAL MEDICAL CENTER ANIM 2128388100 510 EAST 62ND STREET NEW YORK NY 100658314 PAUL GREENE CFO 2128388100 2015-06-24 1 GARRETT M HIGGINS P00543209 2122862600 2014 2016-03-07 17:11:31Z PAUL GREENE 510 EAST 62ND STREET NEW YORK NY 100658314 52381506 0 X WWW.AMCNY.ORG X 1910 NY SEE SCHEDULE O FOR MISSION STATEMENT. 29 29 457 55 -319374 -320624 8750502 10599397 29684904 31675857 1552894 982401 -704728 -722539 39283572 42535116 1792570 1890467 0 0 22860712 23411152 40000 40000 981146 13326149 13119049 38019431 38460668 1264141 4074448 82300055 85418557 18719408 17441504 63580647 67977053 X THE ANIMAL MEDICAL CENTER (THE "AMC") OPERATES AN INSTITUTE FOR VETERINARY EDUCATION, CLINICAL RESEARCH AND CHARITY CARE FOR ANIMALS AT ITS FACILITY LOCATED IN NEW YORK CITY. 0 0 23642548 31652487 POSTGRADUATE EDUCATION FOR 50 YEARS, THE AMC HAS MAINTAINED FLAGSHIP OFFERINGS IN POSTGRADUATE EDUCATION. WITH A CASELOAD OF OVER 40,000 ANIMAL VISITS PER YEAR - ONE OF THE LARGEST IN THE US - THE AMC PROVIDES EXTENSIVE TRAINING FOR INTERNS AND RESIDENTS. THE AMC WAS FOUNDED IN 1910 TO PROVIDE THE BEST IN VETERINARY CARE. IN 1964, THE AMC ESTABLISHED ITS INTERNSHIP AND RESIDENCY PROGRAMS FOR VETERINARY SCHOOL GRADUATES. THE FIRST CLASS OF INTERNS GRADUATED IN 1964, MAKING 2014 THE 50TH ANNIVERSARY OF THIS OUTSTANDING POST-GRADUATE PROGRAM. SINCE THEN, NEARLY 2,000 VETERINARIANS HAVE PARTICIPATED IN THE AMC POSTGRADUATE PROGRAM. PARTICIPANTS IN BOTH THE INTERNSHIP AND RESIDENCY PROGRAMS DEVELOP AND REFINE CLINICAL SKILLS AND DIAGNOSTIC ABILITIES UNDER THE TUTELAGE OF SOME OF THE WORLD'S FINEST VETERINARIANS. THEY GAIN VALUABLE INSIGHTS THROUGH INTENSIVE ROTATIONS IN 14 DIFFERENT VETERINARY SPECIALTY SERVICES AND TRAINING IN THE LATEST PRACTICES, THERAPIES, AND TECHNOLOGIES. IN ADDITION, INTERNS AND RESIDENTS PARTICIPATE IN 300 HOURS OF LECTURES, MAKING THEM WELL PREPARED TO CONTINUE TO THE NEXT STEP IN THEIR CAREERS. BY THE END OF THE INTERNSHIP PROGRAM, GRADUATES ARE PREPARED TO ESTABLISH OR JOIN A QUALITY PRIVATE PRACTICE, ENGAGE IN CLINICAL RESEARCH, OR CONTINUE THEIR PROFESSIONAL TRAINING. FOLLOWING THE COMPLETION OF A RESIDENCY, THE CANDIDATE IS ELIGIBLE FOR BOARD CERTIFICATION IN HIS OR HER CHOSEN FIELD IN ORDER TO OBTAIN SPECIALIST STATUS, MAKING THEM ELIGIBLE FOR POSITIONS IN PRIVATE SPECIALTY PRACTICES, ACADEMIA AND INDUSTRY.THE POSTGRADUATE EXPERIENCE AT THE AMC PROVIDES A FIRM FOUNDATION FOR A LIFE DEDICATED TO VETERINARY MEDICINE. AMC GRADUATED INTERNS AND RESIDENTS OFTEN BECOME LEADERS IN THEIR CHOSEN FIELDS AND ARE KNOWN FOR MAKING GROUNDBREAKING DISCOVERIES, PUBLISHING THEIR WORK IN MEDICAL JOURNALS AND TEXTBOOKS, SHARING THEIR EXPERTISE WITH COLLEAGUES WORLDWIDE AND DISSEMINATING KNOWLEDGE GENERATED AT THE AMC THROUGHOUT THE VETERINARY COMMUNITY. 3470919 1890467 COMMUNITY OUTREACH SERVING THE ANIMALS OF THOSE LESS FORTUNATE HAS ALWAYS BEEN A CENTRAL PART OF THE AMC'S MISSION. THE AMC'S FOUNDERS RECOGNIZED THAT PETS AND THEIR OWNERS WERE SUFFERING BECAUSE THEY COULD NOT AFFORD VETERINARY CARE AND ESTABLISHED THE ANIMAL MEDICAL CENTERS COMMUNITY FUNDS TO FINANCIALLY ASSIST OWNERS IN NEED. NEARLY A CENTURY LATER AMC CONTINUES THIS TRADITION TODAY. THE NEED FOR FREE AND/OR SUBSIDIZED CARE CONTINUES TO SEE RISING DEMAND, ESPECIALLY IN THIS CHALLENGING ECONOMIC CLIMATE. FOR ANIMAL LOVERS WHO ARE STRUGGLING TO MAKE ENDS MEET, THE COST OF THEIR PET'S HEALTH CARE MAY ALREADY BE DIFFICULT TO BEAR, AND THE ADDED EXPENSE OF EMERGENCY OR SPECIALTY TREATMENT IS OFTEN MORE THAN THEY CAN HANDLE. FORTUNATELY, THE AMC'S COMMUNITY FUNDS PROVIDE A RESOURCE FOR THESE PET OWNERS. THE AMC'S COMMUNITY FUNDS ARE COMPRISED OF EIGHT INDIVIDUAL PROGRAMS, EACH SERVING A DIFFERENT SEGMENT OF THE COMMUNITY. THEY INCLUDE THE FOLLOWING: THE PATIENT ASSISTANCE FUND (PAF) PROVIDES URGENT CARE TO ANIMALS WHOSE OWNERS DEMONSTRATE FINANCIAL HARDSHIP. THESE CASES MOST OFTEN COME THROUGH OUR EMERGENCY SERVICE, WHERE PETS ARE STABILIZED AND TRANSFERRED TO ONE OF OUR 14 SPECIALTIES FOR MORE COMPREHENSIVE CARE. THE SENIORS' ANIMAL VETERINARY EFFORT (SAVE) PROVIDES VETERINARY CARE FOR THE PETS OF ELDERLY CLIENTS OF LIMITED FINANCIAL MEANS. FOR MANY SENIORS, PETS ARE THEIR ONLY FAMILY, AND THEY PROVIDE MUCH-NEEDED COMPANIONSHIP AND AFFECTION. BECAUSE SO MANY SENIORS LIVE ON A FIXED INCOME, ASSISTANCE PROVIDED BY SAVE IS OFTEN CRUCIAL TO THE CONTINUATION OF THE IMPORTANT BOND BETWEEN ANIMAL AND OWNER. THE FRANK V.D. LLOYD FUND FOR GUIDE DOGS PROVIDES NO COST VETERINARY CARE FOR THE WORKING GUIDE DOGS OF VISUALLY IMPAIRED CLIENTS IN THE TRI-STATE AREA. WITHOUT PROPER MEDICAL ATTENTION, EVEN A MINOR AILMENT CAN END THE CAREER OF A SERVICE DOG, ALONG WITH THE EXTRAORDINARY PARTNERSHIP IT SHARES WITH ITS OWNER. THE FUND FOR GUIDE DOGS HELPS CARE FOR THESE VALUABLE CANINE FRIENDS. THE BUDDY FUND PROVIDES FULL OR PARTIAL SUBSIDIES FOR THE TREATMENT OF CANCER IN COMPANION ANIMALS. FOR MANY PEOPLE THE COST OF CANCER TREATMENT CAN BE PROHIBITIVELY EXPENSIVE. THE BUDDY FUND WORKS TO ALLEVIATE THE FINANCIAL BURDEN, AND KEEP PETS HEALTHY AND WITH THEIR FAMILIES FOR AS LONG AS POSSIBLE. THE MONTY AND MINNY FUND WAS ESTABLISHED IN 2010 TO GIVE PETS ACCESS TO REHABILITATION SERVICES THAT THEIR OWNERS COULD NOT AFFORD. THESE SERVICES INCLUDE ACUPUNCTURE, MASSAGE, PHYSICAL REHABILITATION AND FITNESS, HERBAL MEDICINE, AND HOMEOPATHY. THE AMC TO THE RESCUE FUND, ESTABLISHED 2013, PROVIDES SUBSIDIZED SPECIALTY CARE TO ANIMALS, WHOSE HEALTH HAS BECOME AN OBSTACLE TO THEIR ADOPTION AND ARE CURRENTLY CARED FOR BY RESCUE ORGANIZATIONS. THE AMC UNDERSTANDS THE PLIGHT OF THOSE WHO OPERATE RESCUE GROUPS AND THE OFTEN LIMITED FUNDS AVAILABLE FOR TREATMENT OF ANIMALS BEYOND GENERAL CARE. THEREFORE, THROUGH AMC TO THE RESCUE, WE HAVE PROVIDED A MEANS FOR SOME OF THESE NEEDY ANIMALS TO RECEIVE CARE. THE HONEY BUNNY AND ROU GERMAN SHEPHERD FUND ESTABLISHED IN 2013 PROVIDES NEEDED SPECIALTY VETERINARY CARE TO RABBITS AND GERMAN SHEPHERD DOGS OF CLIENTS WITH LIMITED FINANCIAL MEANS. THE KIKI WHITE UMBRELLA COCKATOO AVIAN FUND ESTABLISHED IN 2014 HELPS SUBSIDIZE THE COSTS OF SPECIALTY VETERINARY CARE FOR ALL BIRDS OWNED BY FAMILIES WITH LIMITED FINANCIAL MEANS.HUMAN-ANIMAL BOND PROGRAMSPET LOSS SUPPORT GROUP:THE PET LOSS SUPPORT GROUP ALLOWS PET OWNERS TO SHARE EXPERIENCES AND FEELINGS IN A SUPPORTIVE AND COMPASSIONATE ENVIRONMENT, PROVIDED BY A LICENSED CLINICAL SOCIAL WORKER.THE PET OUTREACH PROGRAM:THE PET OUTREACH PROGRAM SERVES THE COMMUNITY THROUGH PET VISITS TO NURSING HOMES, HOSPITALS, SCHOOLS, AND OTHER INSTITUTIONS IN THE NEW YORK AREA. THE AMC HAS PARTNERED WITH ANGEL ON A LEASH WHO PROVIDE THE TRAINING REQUIRED FOR VOLUNTEERS AND ANIMALS SO THAT THEY MAY SAFELY OFFER COMPANIONSHIP TO THE ELDERLY AND DISABLED WHO CANNOT HAVE PETS OF THEIR OWN. THE SERVICE HELPS ISOLATED PEOPLE MAKE FRIENDS. 930771 74438 RESEARCH PROGRAM CASPARY RESEARCH INSTITUTE IN 1954, THE CASPARY RESEARCH INSTITUTE WAS ESTABLISHED TO EXPLORE THE CAUSES OF NATURALLY OCCURRING ANIMAL DISEASE AND DEVELOP NEW TREATMENTS.RESEARCH IS ONE OF THE AMC'S KEY STRENGTHS AND THROUGH THE CASPARY RESEARCH INSTITUTE, NEW KNOWLEDGE IS GENERATED WHICH HELPS TO ADVANCE BOTH VETERINARY AND HUMAN MEDICINE. THE AMC PARTICIPATES IN SCIENTIFIC STUDIES THAT CENTER AROUND INVESTIGATING NATURALLY OCCURRING DISEASE IN COMPANION ANIMALS. SUCH INITIATIVES INVOLVE COLLECTING AND ANALYZING DATA ASSOCIATED WITH PATIENT DEMOGRAPHICS, EPIDEMIOLOGY, PATHOPHYSIOLOGY, HEALTH OUTCOMES, PATHOLOGY, AND EVALUATIONS THAT AIM TO DETERMINE SAFER OR MORE EFFECTIVE DIAGNOSTIC AND TREATMENT OPTIONS. TOWARD THESE ENDS, THE AMC HAS WON COMPETITIVE GRANT AWARDS TO SUPPORT SUCH STUDIES FROM MORRIS ANIMAL FOUNDATION, WINN FELINE FOUNDATION, THE CANINE HEALTH FOUNDATION OF THE AMERICAN KENNEL CLUB, AND OTHER SOURCES. ADDITIONAL FUNDING HAS BEEN OBTAINED FROM CORPORATE SPONSORSHIP INCLUDING IDEXX, BAYER, AND ORION. RESEARCH INITIATIVES INCLUDE COLLABORATIVE, MULTICENTER TRIALS INVOLVING VETERINARY AND MEDICAL COLLEGES AND SPECIALISTS IN PRIVATE PRACTICE. IN NOVEMBER OF 2013, THE AMC HOSTED THE SECOND ANNUAL ZOOBIQUITY CONFERENCE, THE FIRST OF ITS KIND TO BE HELD ON THE EAST COAST. THE ZOOBIQUITY CONFERENCE EXPLORED THE SPECIES SPANNING APPROACH TO MEDICINE BETWEEN PHYSICIANS AND VETERINARIANS CARING FOR THEIR SPECIFIC PATIENTS. THE CONFERENCE BROUGHT TOGETHER LEADING CLINICIANS AND SCIENTISTS IN BOTH HUMAN AND VETERINARY MEDICINE TO DISCUSS DISEASES IN A WIDE SPECTRUM OF ANIMAL SPECIES AND HUMANS. THE INTENTION OF THE CONFERENCE WAS TO CREATE CONVERSATIONS AND RELATIONSHIPS BETWEEN HUMAN AND VETERINARY COLLEAGUES WHO ARE OFTEN CONFRONTED WITH SIMILAR CLINICAL CHALLENGES. PRESENTATIONS WERE GIVEN BY WORLD RENOWNED PHYSICIANS AND VETERINARIAN CLINICIANS AND RESEARCHERS ABOUT TOPICS SUCH AS DEMENTIA, AMYOTROPHIC LATERAL SCLEROSIS (ALS), BREAST CANCER AND PSYCHOLOGICAL DISORDERS. CE CREDITS WERE PROVIDED FOR BOTH VETERINARIANS AND PHYSICIANS WHO ATTENDED THE CONFERENCE. 28044238 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 30 0 457 1 1 1 0 0 0 0 1 1 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT NJ NY X PAUL GREENE CFO 2128388100 510 EAST 62ND STREET NEW YORK NY 100658314 MR ROBERT LIBERMAN CHAIRMAN 20.00 X X 0 0 0 MR NEIL MCCARTHY VICE CHAIRMAN 3.00 X X 0 0 0 MR ELI HOFFMAN VICE CHAIRMAN / TREASURER 4.00 X X 0 0 0 MRS ELAINE LANGONE VICE CHAIRMAN/ SECRETARY 1.00 X X 0 0 0 MRS DONNA ACQUAVELLA TRUSTEE 1.00 X 0 0 0 MRS CASS ADELMAN TRUSTEE 1.00 X 0 0 0 MRS SUSAN BAKER TRUSTEE 1.00 X 0 0 0 MRS VIRGINIA BURKE TRUSTEE 1.00 X 0 0 0 DR ELISABETH COHEN TRUSTEE 1.00 X 0 0 0 MR BRUCE CRAWFORD TRUSTEE 1.00 X 0 0 0 DR WILLIAM D DEHOFF TRUSTEE 1.00 X 0 0 0 MR RODMAN DRAKE TRUSTEE UNTIL 6/29/14 1.00 X 0 0 0 MRS EMILIA FANJUL TRUSTEE 1.00 X 0 0 0 MRS TINA SANTI FLAHERTY TRUSTEE 1.00 X 0 0 0 MR DAVID FORD TRUSTEE 1.00 X 0 0 0 MRS ALEXANDRA GOELET TRUSTEE 1.00 X 0 0 0 MR MICHAEL HEANER TRUSTEE 1.00 X 0 0 0 MR EDWIN HERSHEY TRUSTEE 1.00 X 0 0 0 MR NORMAN ISRAEL TRUSTEE 1.00 X 0 0 0 MRS NANCY KISSINGER TRUSTEE 1.00 X 0 0 0 MRS SHARON AMSTERDAM KOPLIN TRUSTEE 1.00 X 0 0 0 MRS EMILIA KRIMENDAHL TRUSTEE 1.00 X 0 0 0 PROFESSOR IRIS C LOVE TRUSTEE 1.00 X 0 0 0 MR JAMES MARCUS TRUSTEE 1.00 X 0 0 0 MRS ELIZABETH MOORE TRUSTEE 1.00 X 0 0 0 MRS KATHERINE RAYNER TRUSTEE 1.00 X 0 0 0 DR ALAN H REBAR TRUSTEE 1.00 X 0 0 0 MRS OSCAR DE LA RENTA TRUSTEE 1.00 X 0 0 0 MRS LISA SCHIFF TRUSTEE 1.00 X 0 0 0 MR MAL BRETT SCHWARTZ TRUSTEE UNTIL 2/25/14 1.00 X 0 0 0 MRS JANET B YORK TRUSTEE 1.00 X 0 0 0 MRS KATHRYN COYNE CEO 40.00 X 559514 0 22449 MR PAUL GREENE CFO 40.00 X 190246 0 29966 MRS CAROL DISMORE COO 40.00 X 276565 0 16621 DR RICHARD GOLDSTEIN CMO 40.00 X 301710 0 24362 DR ROBERT HART STAFF DOCTOR (SURGERY) 40.00 X 290702 0 27252 DR NICOLE LEIBMAN STAFF DOCTOR (ONCOLOGY) 40.00 X 255039 0 4718 DR JANET KOVAK MCCLARAN STAFF DOCTOR (SURGERY) 40.00 X 279807 0 31672 DR PAMELA SCHWARTZ STAFF DOCTOR (SURGERY) 40.00 X 250068 0 9203 DR CHARLES WEISSE STAFF DOCTOR (IR) 40.00 X 262528 0 17483 2666179 0 183726 49 0 1 0 IDEXX DISTRIBUTION INC PO BOX 101327 ATLANTA GA 30392 LABORATORY SERVICES 1164877 ONE TEN GROUP INC 244 FIFTH AVENUE SUITE 2810 NEW YORK NY 10001 CONSTRUCTION 547000 DATTNER ARCHITECTS 1385 BROADWAY 15HT FLOOR NEW YORK NY 10018 CONSTRUCTION 342602 NAVISITE INC PO BOX 101327 UNIONDALE NY 11555 IT SUPPORT AND SERVICES 302261 42ND STREET LESSEE LLC 110 EAST 42ND STREET NEW YORK NY 10017 CATERING SERVICES 206605 13 1756779 8842618 795613 10599397 PATIENT SERVICES 541940 31352528 31352528 LABORATORY FEES 541380 192825 192825 EDUCATION 923110 82229 82229 RESEARCH STUDIES 900099 48275 48275 31675857 442105 442105 26163 26163 1988117 2545693 -557576 -557576 -319374 -238202 7211564 259090 6719219 211139 492345 47951 540296 540296 99845 1756779 370339 -270494 -270494 REBATES AND REFUNDS 900099 39257 24905 14352 INSURANCE REBATE 900099 30812 30812 LCD LITIGATION/COST RECOVERY 900099 5559 5559 3740 3740 79368 42535116 31726925 -319374 528168 1890467 1890467 1419695 130070 1289625 68197 68197 18655288 14596023 3635713 423552 1894305 1489338 366425 38542 1373667 997332 344844 31491 205729 195666 10063 123300 123300 40000 40000 99015 99015 2242796 1277475 737433 227888 134183 134183 5488372 4670110 765284 52978 369717 369717 890726 445363 408758 36605 41010 23905 15214 1891 282149 132247 84202 65700 8952 8952 1756224 1357752 381415 17057 356969 178484 178485 BAD DEBT 534710 486950 42378 5382 EQUIPMENT 338974 194235 144739 MEMBER DUES 88492 24776 34738 28978 EDUCATION 80484 79392 976 116 77247 61367 14977 903 38460668 28044238 9435284 981146 1101054 1731679 6075935 6719395 5597071 6233107 868970 794662 440608 463936 779393 978055 68701659 30867555 38666083 37834104 18357432 20297593 8065699 7697159 2347810 2668867 82300055 85418557 6467724 5549182 1315702 1181574 103323 94926 10247010 9977447 585649 638375 18719408 17441504 X 43831990 45651406 11798262 13583651 7950395 8741996 63580647 67977053 82300055 85418557 X 4074448 -71490 393448 X X 0 1 X 1 0 X 9367942 6580508 12133121 8750502 10599397 47431470 24643439 25286903 27657819 29798202 31726925 139113288 34011381 31867411 39790940 38548704 42326322 186544758 1693794 1397933 7263500 2150300 5005275 17510802 0 1693794 1397933 7263500 2150300 5005275 17510802 169033956 2001014 2587109 2640075 2762796 2430222 12421216 2001014 2587109 2640075 2762796 2430222 12421216 34454 54463 88917 36012395 34454520 42431015 41345954 44811007 199054891 0.84920 0.86220 0.06240 0.06490 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY MACHINE REVENUE - 2013 AMOUNT: $ 16,190. REBATES AND REFUNDS - 2013 AMOUNT: $ 12,129. 2014 AMOUNT: $ 14,352. OTHER REVENUE - 2013 AMOUNT: $ 6,135. 2014 AMOUNT: $ 3,740. INSURANCE REBATE - 2014 AMOUNT: $ 30,812. LITIGATION EXPRECOVERY - 2014 AMOUNT: $ 5,559. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 7785980 251376 8037356 6822090 963890 7785980 6071110 750980 6822090 6389154 5085 -323129 6071110 7419179 107376 762599 -1900000 6389154 0.95000 0.05000 0 0 1676075 1676075 20734063 32842914 22210719 31366258 9187360 6291041 2896319 4261247 2365795 1895452 37834104 INVESTMENT - ALTERNATIVE INVESTMENTS 7310801 F INVESTMENT - STRUCTURED NOTES 386358 F 7697159 CAPITAL LEASE PAYABLE 80887 FAIR VALUE OF INTEREST SWAP AGMT. 557488 638375 X 43019837 -71490 2545693 2474203 40545634 99015 1890467 1989482 42535116 39016879 2545693 2545693 36471186 99015 1890467 1989482 38460668 PART IV, LINE 2B: THE AMC IS THE OWNER OF TWO BUILDINGS, PRIMARILY USED TO HOUSE AMC STAFF/INTERNS AND RESIDENTS. THE AMC COLLECTS ONE MONTHS RENT AS A SECURITY DEPOSIT. ALL TENANT SECURITY DEPOSITS ARE HELD SEPARATELY IN ESCROW ACCOUNTS. PART V, LINE 4: THE AMC MAINTAINS VARIOUS DONOR-RESTRICTED FUNDS WHOSE PURPOSE IS TO PROVIDE LONG TERM SUPPORT FOR ITS CHARITABLE PROGRAMS. PART X, LINE 2: AMC RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE THAN LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. AMC IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 2,545,693. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT EXPENSE (NETTED AGAINST INCOME ON F/S) 1,890,467. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 2,545,693. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT EXPENSE (NETTED AGAINST INCOME ON F/S) 1,890,467. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 3462328 0 0 0 0 0 0 3462328 0 3462328 1 0 1 1 0 0 X X X X X 1 PIDALIA LLC 186 DUCHAINE BLVD NEW BEDFORD MA 02745 DIRECT MAIL, DATA ANALYSIS, DESIGN SERVICES 0 264039 40000 224039 264039 40000 224039 NY CT NJ TOP DOG GALA 1744534 1680334 64200 166605 8000 132811 HELPING PAWS 63315 48145 15170 19610 4540 1 48775 28300 20475 28870 9904 1856624 1756779 99845 215085 8000 147255 370340 -270495 1 CHARITY GRANTS 630 1559389 GRANTS TO HELP GUIDE DOGS & STRAYS, AND TO ASSIST SENIOR CITIZENS AND OTHERS IN NEED WITH THE CARE OF THEIR PETS. CASE STUDY GRANTS 55 145615 GRANTS TO ASSIST CLIENTS PARTICIPATING IN VARIOUS STUDIES. BLOOD DONOR GRANTS 30 23037 GRANTS TO COVER WELLNESS, CHECK-UPS AND BLOOD TESTS FOR ANIMAL DONORS. CONTRACTUAL GRANTS 53 162389 GRANTS TO ASSIST IN THE CARE OF NYPD CANINE OFFICERS. PART I, LINE 2: THE SELECTION OF GRANT RECIPIENTS IS BASED ON THE TYPE OF FUND THAT IS BEING APPLIED FOR. NEED CAN BE BASED ON BUT IS NOT LIMITED TO APPLICANTS' INCOME LEVELS AND PHYSICAL DISABILITIES. AS THESE GRANTS ARE IN THE FORM OF FORGIVENESS OF FEES AT THE TIME OF SERVICE, THERE IS NO REQUIREMENT TO MONITOR THEIR USE ON AN ONGOING OR PROSPECTIVE BASIS. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 MRS KATHRYN COYNE CEO 403034 0 82969 0 73511 0 0 0 22449 0 581963 0 0 0 MR PAUL GREENE CFO 174238 0 15642 0 366 0 0 0 29966 0 220212 0 0 0 MRS CAROL DISMORE COO 255087 0 20625 0 853 0 0 0 16621 0 293186 0 0 0 DR RICHARD GOLDSTEIN CMO 297756 0 1732 0 2222 0 0 0 24362 0 326072 0 0 0 DR ROBERT HART STAFF DOCTOR (SURGERY) 290229 0 0 0 473 0 0 0 27252 0 317954 0 0 0 DR NICOLE LEIBMAN STAFF DOCTOR (ONCOLOGY) 243044 0 1870 0 10125 0 1496 0 3222 0 259757 0 0 0 DR JANET KOVAK MCCLARAN STAFF DOCTOR (SURGERY) 276809 0 1870 0 1128 0 2064 0 29608 0 311479 0 0 0 DR PAMELA SCHWARTZ STAFF DOCTOR (SURGERY) 248011 0 1870 0 187 0 444 0 8759 0 259271 0 0 0 DR CHARLES WEISSE STAFF DOCTOR (IR) 260529 0 1870 0 129 0 0 0 17483 0 280011 0 0 0 PART I, LINE 1A AS A CONDITION OF HER EMPLOYMENT, IN ORDER TO FULFILL THE CONDITIONS OF HER EMPLOYMENT, MRS. KATHRYN COYNE IS PROVIDED WITH HOUSING BY THE ANIMAL MEDICAL CENTER. THE AMOUNT PROVIDED IS TAXABLE AND IS INCLUDED IN HER 2014 FORM W-2, BOX 5. THE VALUE OF THE HOUSING PROVIDED IN 2014 WAS $69,000. PART I, LINE 7 BONUS PAYMENTS MADE IN FISCAL YEAR ENDING 12/31/14 WERE DETERMINED BASED UPON PERFORMANCE MEASURES AS DETERMINED BY THE CEO AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. MARGARET BARRON SEE SCH L, PART V 69897 EMPLOYMENT 0 SCH L, PART IV, COLUMN (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:FAMILY MEMBER OF KATHRYN COYNE, CEO X 10 610421 FMV X 1 180007 COST VALUE X INVENTORY 1 5185 COST VALUE 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN SCHEDULE M, PART I, COLUMN (A). FORM 990, PART I, LINE 1: MISSION STATEMENT THE ANIMAL MEDICAL CENTER (AMC) OPERATES AN INSTITUTE FOR VETERINARY EDUCATION, CLINICAL RESEARCH AND CHARITY CARE FOR ANIMALS AT ITS VETERINARY MEDICAL FACILITY LOCATED IN NEW YORK CITY. FORM 990, PART VI, SECTION B, LINE 11 THE AMC HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT'S SUBMITTED ELECTRONICALLY AND/OR IN PERSON TO MEMBERS OF THE ORGANIZATION'S GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE AMC REQUIRES ALL OFFICERS, TRUSTEES, AND KEY EMPLOYEES TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS BY COMPLETING THE AMC'S INTERNAL "CONFLICT OF INTEREST" POLICY AND RETURNING IT TO OUR ORGANIZATIONAL DEVELOPMENT AND HUMAN RESOURCES DIRECTOR FOR DETERMINATION OF WHETHER A CONFLICT EXISTS. ACTUAL CONFLICTS ARE REVIEWED BY BOTH THE ORGANIZATIONAL DEVELOPMENT AND HUMAN RESOURCES DIRECTOR AND THE CEO AND ULTIMATELY DECIDED UPON BY THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES. SHOULD A CONFLICT EXIST THE PERSON WITH THE CONFLICT WOULD NEED TO CEASE THE CONFLICTING BEHAVIOR OR RESIGN THEIR POSITION. FORM 990, PART VI, SECTION B, LINE 15 THE AMC HAS ESTABLISHED A WRITTEN COMPENSATION POLICY FOR THEIR COMPENSATION COMMITTEE TO FOLLOW IN ESTABLISHING THE COMPENSATION FOR THE CEO, TOP MANAGEMENT OFFICIAL (CFO, COO AND CMO), AND OTHER OFFICERS OR KEY EMPLOYEES. THE POLICY MANDATES THAT EXECUTIVE COMPENSATION BE PERIODICALLY REVIEWED BY THE COMPENSATION COMMITTEE AND THAT THE COMMITTEE SHOULD BE FREE OF CONFLICTS OF INTEREST. IN ADDITION, THE APPROVING COMPENSATION COMMITTEE NEEDS TO REVIEW APPROPRIATE AND ADEQUATE DATA TO DETERMINE THE REASONABLENESS OF COMPENSATION BEING CONSIDERED. THE COMPENSATION COMMITTEE USES A VARIETY OF INFORMATION AND STUDIES THAT ARE AVAILABLE TO DETERMINE THAT THE APPROPRIATE LEVEL OF COMPENSATION IS BEING PAID TO ITS EXECUTIVES, SUCH AS 990'S OF RELATED ORGANIZATION'S, SALARY SURVEYS OF LIKE POSITIONS IN SIMILARLY SIZED ORGANIZATIONS, BOTH FOR PROFIT AND NON-PROFIT. AFTER THIS DETERIMINATION IS MADE, THE COMPENSATION COMMITTEE PRESENTS THEIR RECOMMENDATIONS TO THE FINANCE COMMITTEE REGARDING EXECUTIVE COMPENSATION, AS WELL AS THE RECOMMENDATIONS FROM THE CEO REGARDING COMPENSATION FOR KEY EMPLOYEES. THEN, THE FINANCE COMMITTEE APPROVES COMPENSATION OF THE CEO AND REPORTS THIS TO THE BOARD. THE COMPENSATION COMMITTEE'S DECISION ON THE AMOUNT OF COMPENSATION PAID IS REQUIRED TO BE ADEQUATELY DOCUMENTED IN A CONTEMPORANEOUSLY WRITTEN FORMAT IN THE MINUTES OF BOTH THE COMPENSATION AND FINANCE COMMITTEE. THE MINUTES DOCUMENT THE DATE OF THE DECISION, THE MEMBERS PRESENT DURING THE DECISION AND THOSE WHO VOTED ON IT, THE FULL TERMS OF THE TRANSACTION THAT WAS APPROVED AND THE COMPARABLE DATA USED AND RELIED UPON TO MAKE THE DECISION. THE ANIMAL MEDICAL CENTER REVIEWED COMPENSATION IN DECEMBER 2014. FORM 990, PART VI, SECTION C, LINE 19 THE AMC MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE AND IS AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, THE FORM 990 AS WELL AS THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT 510 E. 62ND STREET, NEW YORK, NY 10065-8314 OR BY CALLING THE ORGANIZATION DIRECTLY AT 212-838-8100. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST SWAP AGREEMENT -207,919. CHANGE IN BENEFICIAL INTEREST IN TRUST 24,388. PENSION LIABILITY ADJUSTMENT 576,979. FORM 990, PART XII, LINE 2C: AMC HAS NOT CHANGED ITS OVERSIGHT AND SELECTION PROCESS OF AN INDEPENDENT ACCOUNTANT.