2013-02-13T10:45:57-07:00 2012-06-30 990 2011-07-01 141338309 ALBANY LAW SCHOOL ALBA 5184452391 80 New Scotland Avenue Albany NY 122083494 Victor E Rauscher 5184453294 2013-02-13 2011 2016-02-25 16:41:14Z Penelope Andrews 80 New Scotland Avenue Albany NY 122083494 42905665 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 32 530 400 0 0 4273141 4125267 29013891 28828956 2414745 1484157 376254 299610 36078031 34737990 4922260 5283882 0 0 16854433 16240075 12913 15088 1177138 9411017 9751602 31200623 31290647 4877408 3447343 88057632 90461837 23754098 24136275 64303534 66325562 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 three degrees (J.D., LLM or Masters Program) in the area of law. 0 0 25202064 5283882 28669347 Higher Education: Albany Law School has an enrollment of 670 FTEs and full time faculty of 55. In the current fiscal year 243 degrees were awarded to JD and LLM students. 0 0 0 25202064 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 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 0 1 1059 0 530 1 0 0 0 0 1 1 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 Johnna G Torsone 0 X 0 0 0 E Stewart Jones Jr 0 X 0 0 0 Erik E Joh 0 X 0 0 0 Mary Ann Cody 0 X 0 0 0 William A Brewer III 0 X 0 0 0 J K Hage III 0 X 0 0 0 Peter C Kopff 0 X 0 0 0 Harry L Robinson 0 X 0 0 0 James E Kelly 0 X 0 0 0 Robert C Miller 0 X 0 0 0 Rory J Radding 0 X 0 0 0 John L Sampson 0 X 0 0 0 Eugene M Sneeringer Jr 0 X 0 0 0 Robert B Stiles 0 X 0 0 0 Dale M Thuillez 0 X 0 0 0 Randolph F Treece 0 X 0 0 0 Donna E Wardlaw 0 X 0 0 0 Constance M Boland 0 X 0 0 0 James N Benedict 0 X 0 0 0 Keiki Michael Cabanos 0 X 0 0 0 John J Halloran 0 X 0 0 0 Leslie D Kelmachter 0 X 0 0 0 Frank L Fernandez 0 X 0 0 0 Barbara D Cottrell 8 X 8000 0 0 Thomas J Mullin 0 X 0 0 0 Daniel P Nolan 0 X 0 0 0 Vonzell Jones 0 X 0 0 0 William J Curry 0 X 0 0 0 Hanok George 0 X 0 0 0 James E Hacker 0 X 0 0 0 Christina L Roberts-Ryba 0 X 0 0 0 Katherine M Sheehan 0 X 0 0 0 Christine G Stone 0 X 0 0 0 Michael J Garcia 0 X 0 0 0 Hon Anthony V Cardona 0 X 0 0 0 Gail M Norris 0 X 0 0 0 Connie Mayer 35 X 205202 0 37636 Victor E Rauscher 35 X 182696 0 22374 Ira M Bloom 35 X 176913 0 36580 Paul Finkelman 35 X 228122 0 43999 Patricia E Salkin 35 X 209688 0 43525 Sheldon W Halpern 35 X 229152 0 43693 James Gathii 35 X 188093 0 34003 Thomas F Guernsey 35 X 301614 0 35106 1729480 0 296916 47 1 1 0 University Heights Association 84 Holland Avenue Albany NY 12208 Security 336605 Janitronics 1988 Central Ave Albany NY 12212 Custodial services 338163 Computer Professionals International 2165 Technology Dr Schenectady NY 12308 Information Technology 174263 Carousel Industries PO 849084 Boston MA 02284 Phone system 142890 Isaacson Miller 263 Summer St Boston MA 02210 Search consultants 111218 7 0 0 0 0 1715883 2409384 1121716 4125267 Tuition and Fees 900099 28669347 28669347 0 0 Income on student loans 900099 132015 132015 0 0 Bookstore 451211 27594 27594 0 0 0 0 0 0 28828956 1163765 1163765 0 0 0 0 0 0 12646 12646 0 0 0 0 8488067 0 8167675 0 320392 0 320392 320392 0 0 0 286964 286964 0 0 286964 34737990 30612723 0 0 0 0 5283882 5283882 0 0 0 0 744831 168000 427481 149350 0 0 0 0 12034270 9836236 1764536 433498 1114843 857752 218310 38781 1498925 1153261 293522 52142 847206 651834 165901 29471 0 0 0 0 149512 0 149512 0 83657 0 83657 0 0 0 0 0 15088 15088 161219 0 161219 0 644280 326949 261455 55876 61241 12 61229 0 258944 137327 105556 16061 252657 0 252657 0 0 0 0 0 1487147 1278926 159168 49053 465917 227991 190971 46955 0 0 0 0 326933 131421 5168 190344 864021 803540 43201 17280 0 0 0 0 1512019 1406178 75601 30240 99804 94327 3912 1565 Library 1979176 1979176 0 0 Student Services 248671 248671 0 0 Research grants 270000 270000 0 0 Printing 229844 86100 129705 14039 656560 260481 358684 37395 31290647 25202064 4911445 1177138 783973 1636146 3684756 5049726 137545 77362 760374 573916 0 0 0 0 3310649 2768300 0 0 134507 296586 49012671 25653381 24010334 23359290 45687824 47899668 0 0 0 0 9547670 8800843 88057632 90461837 3317564 4370155 0 0 331035 171716 17573531 17062436 2531968 2531968 23754098 24136275 X 40888375 43073839 4511643 4137779 18903516 19113944 64303534 66325562 88057632 90461837 X 3447343 -1425315 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 538 0 0 538 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 Albany Law School contacts local, state and federal officials to secure contract and grant funding associated with our educational mission. 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 0.624 0.376 0 0 0 0 2256405 2256405 0 31755601 15054422 16701179 0 0 0 0 0 13378752 10056162 3322590 0 1621913 542797 1079116 23359290 Deposits 5000 Loan Repayment Program 39946 Bond issuance costs 451357 Beneficial interest in trusts 8304540 8800843 US Government advances for Perkins loans 2531968 2531968 34737990 31290647 3447343 -43605 0 0 0 -1381710 -1425315 2022028 29248076 -43605 0 0 -5446309 -5489914 34737990 0 0 0 34737990 27226048 0 0 0 1396114 1396114 25829934 0 5460713 5460713 31290647 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 (ASC 740). SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Change in value of beneficial interest in trusts $14,404 and Postretirement-related changes other than net periodic cost ($1,396,114). SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Student financial aid ($5,460,713) and Change in value of beneficial interest in trusts $14,404. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Postretirement-related changes other than net periodic cost $1,396,114. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Student financial aid $5,460,713. 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 and State Fiscal Stabilization Fund - Government Services passed through New York State Housing Trust Fund Corporation), US Department of Health and Human Services (Developmental Disabilities Basic Support and Advocacy Grants passed through New York State Commission on Quality of Care and Advocacy for Persons with Disabilities), and US Department of Treasury/Internal Revenue Service (Low Income Taxpayer Clinics) 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 49370 15088 34282 49370 15088 34282 NY 1 Scholarships, fellowships and grants 247 5283882 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 in varying amounts. Financial Aid personnel, in conjunction with Development and Business Office personnel, is responsible for monitoring compliance with donor 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 Thomas F Guernsey 301614 0 0 0 22725 0 22050 0 9432 0 355821 0 0 0 Connie Mayer 205202 0 0 0 1623 0 17853 0 13231 0 237909 0 0 0 Victor E Rauscher 182696 0 0 0 18775 0 15890 0 4793 0 222154 0 0 0 Paul Finkelman 228122 0 0 0 24772 0 20073 0 13226 0 286193 0 0 0 Sheldon W Halpern 229152 0 0 0 23708 0 20027 0 13226 0 286113 0 0 0 Patricia E Salkin 209688 0 0 0 17130 0 22541 0 13231 0 262590 0 0 0 James Gathii 188093 0 0 0 12630 0 15060 0 13231 0 229014 0 0 0 Ira M Bloom 176913 0 0 0 24667 0 18785 0 9435 0 229800 0 0 0 SchJ_P01_S00_L01a 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. City of Albany Industrial Development Agency 522015750 012440JD6 2007-06-25 18947846 Refinancing and land purchase 0 0 0 0 0 18947846 1379543 0 15096040 378956 0 0 2093306 0 0 2007 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 992337 Fair market value X 16 126495 Average market value X Gift certificates 5 2884 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 which 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 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. 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, 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_L05 Form 990, Part XI, Line 5 Net unrealized losses on investment ($43,605), Change in Beneficial Interest in Trust $14,404, Postretirement-related changes other than net periodic cost ($1,396,114).