2014-02-14T14:48:56-07:00 2013-06-30 990 2012-07-01 141338309 ALBANY LAW SCHOOL ALBA 5184452391 80 New Scotland Avenue Albany NY 122083494 Victor E Rauscher 5184453294 2014-02-14 2012 2015-11-30 17:44:51Z Penelope Andrews 80 New Scotland Avenue Albany NY 122083494 44734000 0 X www.albanylaw.edu X 1851 NY It is the mission of Albany Law School to be a nationally recognized center of learning and teaching for students, faculty, alumni, the bench and bar, other professions, and local, state, national, and global communities while retaining its historic ties to the state and the region. At the center of this mission is our commitment to provide an education to our students that prepares them for intelligent, creative and ethical participation in the legal profession by offering opportunities to develop habits of critical analysis, understanding of theory, acquisition of professional skills, a deep commitment to justice and service, and an appreciation of the dignity and responsibility that accompany membership in the profession. In carrying out this mission, Albany Law School strives to foster an environment in which cultural and multi-disciplinary diversity is appreciated and supported as enhancements to learning and to the legal profession. 32 32 505 425 0 0 4125267 3195824 28828956 25990534 1484157 2036754 299610 280349 34737990 31503461 5283882 4456337 0 0 16240075 15633815 15088 13754 1139911 9751602 8645349 31290647 28749255 3447343 2754206 90461837 97243832 24136275 23719000 66325562 73524832 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 23155604 4456337 25851200 Higher education: Albany Law School has an enrollment of 591 FTEs and full time faculty of 54. In the current fiscal year 198 degrees were awarded to JD and LLM students. 0 0 0 23155604 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 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 1 975 0 505 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 X 32 32 0 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 E Stewart Jones Jr 0 0 X 0 0 0 Erik E Joh 0 0 X 0 0 0 Mary Ann Cody 0 0 X 0 0 0 William A Brewer III 0 0 X 0 0 0 J K Hage III 0 0 X 0 0 0 Peter C Kopff 0 0 X 0 0 0 Harry L Robinson 0 0 X 0 0 0 James E Kelly 0 0 X 0 0 0 Rory J Radding 0 0 X 0 0 0 Eugene M Sneeringer Jr 0 0 X 0 0 0 Robert B Stiles 0 0 X 0 0 0 Dale M Thuillez 0 0 X 0 0 0 Randolph F Treece 0 0 X 0 0 0 Constance M Boland 0 0 X 0 0 0 James N Benedict 0 0 X 0 0 0 John J Halloran 0 0 X 0 0 0 Frank L Fernandez 0 0 X 0 0 0 Thomas J Mullin 0 0 X 0 0 0 William J Curry 0 0 X 0 0 0 James E Hacker 0 0 X 0 0 0 Christina L Roberts-Ryba 0 0 X 0 0 0 Katherine M Sheehan 0 0 X 0 0 0 Christine G Stone 0 0 X 0 0 0 Johnna G Torsone 0 X 0 0 0 Robert C Miller 0 X 0 0 0 Daniel P Nolan 0 0 X 0 0 0 Gregory B Butler 0 0 X 0 0 0 Andrea L Colby 0 0 X 0 0 0 Dan S Grossman 0 0 X 0 0 0 Timothy O'Hara 0 0 X 0 0 0 Robert A Rausch 0 0 X 0 0 0 Leslie E Stein 0 0 X 0 0 0 Penelope Andrews 35 0 X 144044 0 16151 Victor E Rauscher 35 0 X 182439 0 22470 Connie Mayer 35 0 X 203178 0 43999 Ira M Bloom 35 0 X 181804 0 36379 Paul Finkelman 35 0 X 227476 0 43586 Sheldon W Halpern 35 0 X 229059 0 43338 Thomas F Guernsey 35 0 X 191977 0 30183 Norman Deutsch 35 0 X 214256 0 8845 1574233 0 244951 50 0 1 0 University Heights Association 84 Holland Avenue Albany NY 12208 Security 317368 Janitronics 1988 Central Ave Albany NY 12212 Custodial services 334553 Computer Professionals International 2165 Technology Dr Schenectady NY 12308 Information Technology 135113 Datatel 4375 Fair Lakes Ct Fairfax VA 22033 Data services 196864 Wainschaf Associates Inc 65 Washington St Rensselaer NY 12144 Construction services 193894 7 0 0 0 0 1296846 1898978 603696 3195824 Tuition and fees 900099 25851200 25851200 0 0 Income on student loans 900099 116630 116630 0 0 Bookstore 451211 22704 22704 0 0 0 0 0 0 25990534 1146902 1146902 0 0 0 0 0 0 13845 13845 0 0 0 0 14120391 0 13230539 0 889852 0 889852 889852 0 0 0 266504 266504 0 0 266504 31503461 28307637 0 0 0 0 4456337 4456337 0 0 0 0 935490 174061 473451 287978 0 0 0 0 11406933 9377351 1655802 373780 1040334 795385 212218 32731 1422086 1087252 290092 44742 828972 633789 169102 26081 0 0 0 0 83121 0 83121 0 78387 0 78387 0 0 0 0 0 13754 13754 154074 0 154074 0 574250 328929 186102 59219 44333 0 44333 0 248839 141028 95248 12563 278006 0 278006 0 0 0 0 0 1435445 1254224 141156 40065 374470 172018 170041 32411 0 0 0 0 308726 106314 65773 136639 841251 782363 42063 16825 0 0 0 0 1538927 1431202 76946 30779 104581 98275 4504 1802 Library 1536120 1536120 0 0 Student Services 250880 250880 0 0 Research grants 205000 205000 0 0 All other expenses 588939 325076 233321 30542 28749255 23155604 4453740 1139911 1636146 899923 5049726 3797637 77362 46803 573916 474961 0 0 0 0 2768300 2401512 0 0 296586 184583 50283990 27192307 23359290 23091683 47899668 56790189 0 0 0 0 0 0 8800843 9556541 90461837 97243832 4370155 4483181 0 0 171716 177509 17062436 16526342 0 0 0 0 0 0 0 0 2531968 2531968 24136275 23719000 X 43073839 47963612 4137779 6086612 19113944 19474608 66325562 73524832 90461837 97243832 X 2754206 4061970 0 0 0 383094 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35658881 1899256 4931266 190144 416776 135984 41746499 34102812 1170959 1031750 171501 335422 139717 35658881 19894845 9857984 4968154 168871 299501 149799 34102812 17734818 1052493 2328330 344134 719616 157046 19894845 21476457 379004 -2847211 362292 777320 133820 17734818 0.675 0.325 0 0 0 0 2256405 2256405 0 32345710 15862875 16482835 0 0 0 0 0 13858312 10691172 3167140 0 1823563 638260 1185303 23091683 Deposits 56903 Loan Repayment Program 21488 Bond issuance costs 433291 Beneficial interest in trust 9044859 9556541 US Government advances for Perkins loans 2531968 2531968 X 31334101 3811933 0 0 -3981293 -169360 31503461 0 0 0 31503461 24134831 0 0 0 0 0 24134831 0 4614424 4614424 28749255 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Endowment funds are either donor restricted or board designated/quasi endowment funds. In general, the use of the funds' investment income is generally earmarked for scholarships, fellowships, prizes, endowed and distinguished professorships and academic programs. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The School evaluated its tax positions and concluded that it does not have any uncertain tax positions that meet the criteria under FIN 48 (ASC740). SchD_P11_S00_L02d Schedule D, Part XI, Line 2d Student financial aid ($4,614,424) and Change in value of beneficial interest in trusts $250,037 and Postretirement-related changes other than net periodic cost $383,094 SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Student financial aid $4,614,424. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The policy is published annually in the newspaper. SchE_P01_S00_L06 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 Programs), US Department of Health and Human Services (Developmental Disabilities Basic Support and Advocacy Grants passed New York State Commission on Quality Care and Advocacy for Persons with Disabilities and Disabilities Rights New York) and US Department of Treasury/Internal Revenue Service (Low Income Taxpayer Clinics) 1 Scholarships, fellowships and grants 238 4456337 0 SchI_P01_S00_L02 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 year scholarships to first year students in the form of three year 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 0 0 0 0 0 0 0 0 0 Penelope Andrews 144044 0 0 0 14680 0 12981 0 2312 0 174017 0 0 0 Connie Mayer 203178 0 0 0 2343 0 23030 0 12760 0 241311 0 0 0 Victor E Rauscher 182439 0 0 0 18709 0 16130 0 4624 0 221902 0 0 0 Sheldon W Halpern 229059 0 0 0 23423 0 20330 0 12760 0 285572 0 0 0 Paul Finkelman 227476 0 0 0 24559 0 20317 0 12760 0 285112 0 0 0 Norman Deutsch 214256 0 0 0 22746 0 5400 0 2569 0 244971 0 0 0 Thomas F Guernsey 191977 0 0 0 22471 0 17415 0 9096 0 240959 0 0 0 Ira M Bloom 181804 0 0 0 24962 0 19022 0 9092 0 234880 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Schedule J, Part I, Line 1a - All faculty members are allotted a discretionary spending account each year for travel, books, and memberships and dues. Support for all expenditures is required to be submitted. The President and Dean is provided with memberships to social clubs as part of the contractual agreement with Albany Law School. 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 SchK_P04_S00_L02c Schedule K, Part IV, Line 2c The date the rebate computation was performed was June 25 2012. X 589201 Fair market value X 14 78939 Average market value X Gift Certificates 4 14495 Fair market value 0 0 1 0 F990_P06_S0B_L11b 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 and President 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 to a summary of the Audit Committee's review of the tax return during a regularly scheduled meeting of the Board of Trustees prior to the filing of the return. F990_P06_S0B_L12c 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 the 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 b 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. F990_P06_S0B_L15 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. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents and the conflict of interest policy and financial statements are not generally made available to the public. Certain documents are available upon request. F990_P11_S00_L09 Form 990, Part XI, Line 9 Postretirement-related changes other than net periodic cost $383,094.