ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES (EIN 14-1423161)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-04-10
- IRS object ID
- 201331009349300123
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-04-10T15:00:00-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 542076905 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BST ADVISORS LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26 COMPUTER DRIVE WEST | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12205 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141423161 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ALBA | NameControl |
| Phone | 5186947216 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 NEW SCOTLAND AVE | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 122083492 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES GOZZO | Name |
| Title | PRESIDENT | Title |
| Phone | 5186947216 | Phone |
| Date Signed | 2013-04-04 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEVIN T MCGRATH | Name |
| PTIN | P00134182 | PTIN |
| Phone | 5184596700 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JAMES GOZZO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 NEW SCOTLAND AVE | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 122083492 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 60217001 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ACPHS.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1881 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES IS COMMITTED TO GRADUATING THE BEST HEALTH CARE MINDS IN THE WORLD. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 20 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 913 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2359415 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1475719 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 49062254 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 53450021 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 495618 | InvestmentIncomePriorYear |
| Investment Income Current Year | 695128 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1087909 | OtherRevenuePriorYear |
| Other Revenue Current Year | 819509 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 53005196 | TotalRevenuePriorYear |
| Total Revenue Current Year | 56440377 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5841219 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 6656195 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 22429675 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 24494590 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1444437 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 18746619 | OtherExpensePriorYear |
| Other Expenses Current Year | 19106971 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 47017513 | TotalExpensesPriorYear |
| Total Expenses Current Year | 50257756 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5987683 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6182621 | RevenuesLessExpensesCY |
| Total Assets BOY | 105523944 | TotalAssetsBOY |
| Total Assets EOY | 110490375 | TotalAssetsEOY |
| Total Liabilities BOY | 44555631 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 43586160 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 60968313 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 66904215 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES IS COMMITTED TO THE ADVANCEMENT OF HEALTH CARE THROUGH ITS OFFERING OF NATIONALLY ACCLAIMED UNDERGRADUATE AND GRADUATE EDUCATION, POST-GRADUATE TRAINING PROGRAMS AND RESEARCH IN PHARMACY, PHARMACEUTICAL SCIENCES AND HEALTH SCIENCES. THE COLLEGE WILL CONTINUE ITS STRONG ADVOCACY FOR LIFELONG INTELLECTUAL AND PROFESSIONAL GROWTH BY PROVIDING A STRONG FOUNDATION IN THE BASIC, PHARMACEUTICAL, CLINICAL AND SOCIAL SCIENCES WITHIN A CULTURE THAT PROMOTES INNOVATION, SERVICE AND EXCELLENCE AMONG OUR STUDENTS, FACULTY, STAFF AND ALUMNI. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 34290396 | Expense |
| Revenue | 50915645 | Revenue |
| Description | EDUCATIONALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES IS COMMITTED TO THE ADVANCEMENT OF HEALTH CARE, WITH AN ARRAY OF DEGREE PROGRAMS DESIGNED FOR STUDENTS FOCUSED ON HELPING PEOPLE LIVE HEALTHIER LIVES. THERE ARE MORE THAN 1,600 STUDENTS ENROLLED AT THE COLLEGE AND MORE THAN 100 FULL AND PART-TIME FACULTY. THE COLLEGE OFFERS A DOCTOR OF PHARMACY (PHARM.D.) PROGRAM AND A FOUR-YEAR BACHELOR'S DEGREE IN PHARMACEUTICAL SCIENCES, HEALTH AND HUMAN SCIENCES AND BIOMEDICAL TECHNOLOGY.ACPHS ALSO HAS MASTER'S DEGREE PROGRAMS IN PHARMACEUTICAL SCIENCES, HEALTH OUTCOMES RESEARCH, PHARMACY ADMINISTRATION, BIOTECHNOLOGY, AND CYTOTECHNOLOGY & MOLECULAR CYTOLOGY. IN ADDITION, STUDENTS MAY PURSUE JOINT DEGREES IN THE FIELDS OF MEDICINE, LAW AND BUSINESS THROUGH COOPERATIVE AGREEMENTS WITH AREA INSTITUTIONS.OPPORTUNITIES EXIST FOR STUDENTS WITHIN EACH OF THESE PROGRAMS TO WORK SIDE-BY-SIDE WITH FACULTY ON GROUNDBREAKING RESEARCH IN AREAS SUCH AS CANCER, INFECTIOUS DISEASE AND SEPSIS. THESE EXPERIENCES ARE NOT TYPICALLY AFFORDED TO UNDERGRADUATES AT MOST SCHOOLS AND ARE PART OF WHAT DISTINGUISHES ACPHS FROM OTHER COLLEGES AND UNIVERSITIES.GRADUATES OF THE COLLEGE ARE PREPARED FOR A RANGE OF CAREERS SUCH AS BIOCHEMIST, CLINICAL LABORATORY SCIENTIST, CONSUMER SAFETY OFFICER, DRUG INFORMATION SPECIALIST, ENVIRONMENTAL TOXICOLOGIST, HEALTH POLICY ANALYST, HOSPITAL ADMINISTRATOR, PHARMACIST, PHYSICIAN, PHYSICIAN ASSISTANT AND RESEARCH SCIENTIST.ACPHS HAS A SATELLITE CAMPUS IN COLCHESTER, VERMONT, JUST OUTSIDE OF BURLINGTON, THE STATE'S LARGEST CITY. THERE ARE 140 STUDENTS ENROLLED ON THE CAMPUS, AND THE COLLEGE EXPECTS TO REACH A TOTAL ENROLLMENT FIGURE OF 280 BY THE 2012-13 ACADEMIC YEAR. THE ACPHS-VERMONT CAMPUS OFFERS THE ONLY DOCTOR OF PHARMACY PROGRAM IN THE STATE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4026406 | Expense |
| Revenue | 2534376 | Revenue |
| Description | RESEARCHTHE RESEARCH TAKING PLACE ACROSS THE DEPARTMENTS AND INSTITUTES AT ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES IS HELPING ADDRESS SEVERAL OF THE WORLD'S MOST PRESSING HEALTH THREATS. AS OF FALL 2010, FACULTY AT THE COLLEGE HAVE APPROXIMATELY $9 MILLION IN ACTIVE GRANTS AND CONTRACTS FROM BOTH PRIVATE INDUSTRY AND GOVERNMENT. A SAMPLING OF THE RESEARCH TAKING PLACE AT THE COLLEGE INCLUDES WORK RELATED TO THE: EXAMINATION OF HOW GENETIC FACTORS INFLUENCE THE EFFECTIVENESS OF CHEMOTHERAPEUTIC DRUGS; EVALUATION OF THE BEST COURSES OF TREATMENT FOR PATIENTS INFECTED WITH MRSA, A POTENTIALLY DEADLY BACTERIA; STUDY OF THE ROLE OF THE SPLEEN IN MANAGING FEVER; UNDERSTANDING HOW HYPOTHERMIA MAY HELP PRESERVE TISSUE IN PATIENTS WITH SEVERE SEPSIS; A RANGE OF WORK RELATED TO THE PREVENTION, DETECTION AND TREATMENT OF CANCER.THE COLLEGE'S PHARMACEUTICAL RESEARCH INSTITUTE IS A CENTER FOR DRUG DISCOVERY AND DEVELOPMENT EMPLOYING NEARLY 50 INTERNATIONAL EXPERTS IN FIELDS SUCH AS NANOTECHNOLOGY, MEDICINAL CHEMISTRY, MOLECULAR BIOLOGY AND CELL BIOLOGY. IT ALSO OFFERS A RANGE OF RESEARCH OPPORTUNITIES FOR BOTH UNDERGRADUATE AND GRADUATE STUDENTS OF THE COLLEGE. THE RESEARCH INSTITUTE FOR HEALTH OUTCOMES (RIHO) CONDUCTS STATISTICAL ANALYSES AND COMPARATIVE EFFECTIVENESS RESEARCH TO BETTER UNDERSTAND WHICH MEDICAL TREATMENTS OR SERVICES YIELD THE BEST RESULTS FOR PATIENTS. THIS FIELD OF RESEARCH IS EXPECTED TO PLAY AN INCREASINGLY IMPORTANT ROLE IN THE FUTURE OF HEALTH CARE REFORM.ACPHS IS ALSO HOME TO FIVE NEPHROLOGY-TRAINED CLINICAL PHARMACY SCIENTISTS, THE LARGEST GROUP OF ACADEMIC-BASED PHARMACY PRACTICE FACULTY IN THE U.S. THEIR COLLECTIVE EXPERTISE ALLOWS FOR PROJECTS ALONG THE ENTIRE CONTINUUM OF CLINICAL AND TRANSLATIONAL RESEARCH, INCLUDING THE APPLICATION OF FINDINGS FOR THE IMPROVEMENT OF CARE FOR PATIENTS SUFFERING FROM KIDNEY DISEASE. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 102139 | Expense |
| Description | COMMUNITY SERVICEALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES BELIEVES THAT AN INSTITUTION OF HIGHER LEARNING HAS A RESPONSIBILITY TO THE COMMUNITIES OUTSIDE ITS CAMPUS BORDERS. THE COLLEGE WORKS WITH A NUMBER OF SCHOOLS, COMMUNITIES, AND YOUTH ORGANIZATIONS ON PROGRAMS SUCH AS:ACPHS ACADEMY IS AN AFTER SCHOOL PROGRAM THAT PROMOTES MATH AND SCIENCE EDUCATION FOR LOCAL, AT-RISK ELEMENTARY SCHOOL STUDENTS. AS OF FALL 2010, THERE WERE FIVE CLASSES OF STUDENTS (SPANNING GRADES 3-7) ENROLLED IN THE PROGRAM ON THE ALBANY CAMPUS. THE COLLEGE'S LONG TERM GOAL IS TO HAVE TEN CONCURRENT GRADE LEVELS OF ELEMENTARY, MIDDLE AND HIGH SCHOOL PARTICIPANTS. A COMPANION PROGRAM WAS LAUNCHED ON THE VERMONT CAMPUS IN FALL 2010, WITH AN INITIAL CLASS OF 20 THIRD GRADE STUDENTS.THE SUMMER ENRICHMENT PROGRAM, WHICH RUNS FOR SIX WEEKS EACH SUMMER, IS FOR AREA HIGH SCHOOL STUDENTS WHO DEMONSTRATE AN INTEREST IN THE SCIENCES. EACH WEEK CONSISTS OF THREE DAYS OF RESEARCH WITH AN ACPHS FACULTY MEMBER, ONE DAY OF INSTRUCTIONAL ACTIVITIES, AND ONE DAY TO TOUR REGIONAL PHARMACEUTICAL COMPANIES. THE ANNUAL RELAY FOR LIFE EVENT BRINGS TOGETHER HUNDREDS OF PARTICIPANTS FROM THE COLLEGE AND LOCAL COMMUNITY TO RAISE MONEY TO HELP FIGHT CANCER. THE 2010 EVENT RAISED MORE THAN $41,000, MAKING THE COLLEGE THE TOP FUNDRAISING SCHOOL IN THE COUNTRY AMONG THOSE WITH AN ENROLLMENT OF LESS THAN 2,500 STUDENTS. THE COLLEGE'S ANNUAL HEALTH FAIR PROVIDES FLU SHOTS, HEALTH SCREENINGS, AND INFORMATION ON SUBJECTS SUCH AS BLOOD PRESSURE, HEART DISEASE, CANCER, AND DIABETES. THE 2010 HEALTH FAIR ADDED A MEDICATION TAKEBACK EVENT, PROVIDING AREA RESIDENTS WITH A SAFE, COST-FREE OPPORTUNITY TO DISPOSE OF THEIR EXPIRED OR UNUSED MEDICATIONS.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. | Description |
Activity Other ActivityOther (2 entries)
| RevenueRevenue | DescriptionDescription |
|---|---|
| 74283 | NET RENTAL INCOME |
| 754120 | OTHER INCOME |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Rev | 828403 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 38418941 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 151 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 913 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 20 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHELE VIEN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5186947216 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 NEW SCOTLAND AVENUE | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12208 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| ROBERT S BUSCH | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| J GORDON DAILEY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RICHARD H DAFFNER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| FRANCIS J DILASCIA | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MATTHEW BETTE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| GENO J GERMANO | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ROCCO F GIRUZZI JR | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ZACHARY I HANAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| HUGH A JOHNSON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JEANNETTE S LAMB | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JOSEPH M LAPETINA | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS O MAGGS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MARION T MORTON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| STEPHEN C AINLAY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| KANDYCE DALEY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RAYMOND BLESER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JAMES GOZZO | ||||||||
| PRESIDENT | 40.00 | 430201 | 0 | 26950 | X | |||
| HERBERT G CHORBAJIAN | ||||||||
| CHAIRMAN | 1.00 | 0 | 0 | 0 | X | |||
| BRIDGET-ANN HART | ||||||||
| VICE CHAIR | 1.00 | 0 | 0 | 0 | X | |||
| CHRISTOPHER MITIGUY | ||||||||
| TREASURER | 1.00 | 0 | 0 | 0 | X | |||
| FOUAD MORKOS | ||||||||
| SECRETARY | 1.00 | 0 | 0 | 0 | X | |||
| MEHDI BOROUJERDI | ||||||||
| PROVOST | 40.00 | 265806 | 0 | 26950 | X | |||
| ROBERT HAMILTON | ||||||||
| ASSOC DEAN/PROFESSOR | 40.00 | 168735 | 0 | 18731 | X | |||
| SHAKER MOUSA | ||||||||
| VICE PROVOST FOR RESEARCH | 40.00 | 391138 | 0 | 26950 | X | |||
| STEFAN BALAZ | ||||||||
| DEPARTMENT CHAIR/PROFESSOR | 40.00 | 168166 | 0 | 19166 | X | |||
| GERALD KATZMAN | ||||||||
| GENERAL COUNSEL | 40.00 | 162852 | 0 | 17772 | X | |||
| ROBERT DICENZO | ||||||||
| DEPARTMENT CHAIR/PROFESSOR | 40.00 | 154758 | 0 | 17848 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1741656 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 154367 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| BETTE & CRING | |||||
| 26 CENTURY HILL DRIVE | LATHAM | NY | 12110 | CONSTRUCTION | 3064816 |
| CHARTWELLS | |||||
| 91337 COLLECTION CENTER DRIVE | CHICAGO | IL | 60693 | FOOD SERVICE | 1872246 |
| UNIVERSITY HEIGHTS ASSOCIATION | |||||
| 130 NEW SCOTLAND AVE | ALBANY | NY | 12208 | SECURITY | 679157 |
| ENVISION ARCHITECTS PC | |||||
| 52 JAMES STREET | ALBANY | NY | 12207 | ARCHITECTURAL | 344281 |
| JANITRONICS | |||||
| 1988 CENTRAL AVE | ALBANY | NY | 12212 | JANITORIAL | 280739 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 43377 | FundraisingEvents |
| All Other Contributions | 1432342 | AllOtherContributions |
| Noncash Contributions | 99176 | NoncashContributions |
| Total Contributions | 1475719 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| EDUCATION | 611600 | 50915645 | 50915645 |
| RESEARCH | 611600 | 2534376 | 2534376 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 53450021 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 492316 | TotalRevenueColumn |
| Exclusion | $492,316 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 77481 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 3198 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 74283 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 74283 | TotalRevenueColumn |
| Related Or Exempt Function Income | 74283 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3917406 | Securities |
| Other | 32220 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3716646 | Securities |
| Other | 30168 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 200760 | Securities |
| Other | 2052 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 202812 | TotalRevenueColumn |
| Exclusion | $202,812 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 17718 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 43377 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 26612 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -8894 | TotalRevenueColumn |
| Exclusion | -$8,894 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 754120 | TotalRevenueColumn |
| Related Or Exempt Function Income | 754120 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 754120 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 56440377 | TotalRevenueColumn |
| Related Or Exempt Function Income | 54278424 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $686,234 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6656195 | Total |
| Program Services | 6656195 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 696007 | Total |
| Program Services | 265806 | ProgramServices |
| Management And General | 430201 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18518672 | Total |
| Program Services | 13904278 | ProgramServices |
| Management And General | 3944048 | ManagementAndGeneral |
| Fundraising | 670346 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1798751 | Total |
| Program Services | 1243846 | ProgramServices |
| Management And General | 481167 | ManagementAndGeneral |
| Fundraising | 73738 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2011238 | Total |
| Program Services | 1480777 | ProgramServices |
| Management And General | 474143 | ManagementAndGeneral |
| Fundraising | 56318 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1469922 | Total |
| Program Services | 1084011 | ProgramServices |
| Management And General | 334630 | ManagementAndGeneral |
| Fundraising | 51281 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 126610 | Total |
| Management And General | 126610 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98725 | Total |
| Management And General | 98725 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56817 | Total |
| Management And General | 56817 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 189668 | Total |
| Program Services | 129397 | ProgramServices |
| Management And General | 29675 | ManagementAndGeneral |
| Fundraising | 30596 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2078319 | Total |
| Program Services | 1177691 | ProgramServices |
| Management And General | 853777 | ManagementAndGeneral |
| Fundraising | 46851 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 414657 | Total |
| Management And General | 414657 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3086052 | Total |
| Program Services | 2566825 | ProgramServices |
| Management And General | 451908 | ManagementAndGeneral |
| Fundraising | 67319 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 398209 | Total |
| Program Services | 254348 | ProgramServices |
| Management And General | 60365 | ManagementAndGeneral |
| Fundraising | 83496 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 334661 | Total |
| Program Services | 174660 | ProgramServices |
| Management And General | 29669 | ManagementAndGeneral |
| Fundraising | 130332 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 853643 | Total |
| Program Services | 611123 | ProgramServices |
| Management And General | 211106 | ManagementAndGeneral |
| Fundraising | 31414 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5042557 | Total |
| Program Services | 3609824 | ProgramServices |
| Management And General | 1246979 | ManagementAndGeneral |
| Fundraising | 185754 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 309879 | Total |
| Program Services | 33269 | ProgramServices |
| Management And General | 276610 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| COST OF OPERATIONS - CA | 1986768 | 1986768 | |
| LEASES | 1476998 | 1476998 | |
| GENERAL EXPENSES | 841104 | 438973 | 402131 |
| BOOKS/PERIODICALS/AV | 340134 | 340134 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1472170 | Total |
| Program Services | 984018 | ProgramServices |
| Management And General | 471160 | ManagementAndGeneral |
| Fundraising | 16992 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50257756 | Total |
| Program Services | 38418941 | ProgramServices |
| Management And General | 10394378 | ManagementAndGeneral |
| Fundraising | 1444437 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1 | BOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20425594 | BOY |
| EOY | 21912988 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2072467 | BOY |
| EOY | 2194761 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 385524 | BOY |
| EOY | 650432 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2675399 | BOY |
| EOY | 2749290 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 226740 | BOY |
| EOY | 335041 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 87796355 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 32485858 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55756326 | BOY |
| EOY | 55310497 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16530938 | BOY |
| EOY | 21310084 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2650339 | BOY |
| EOY | 656111 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4800616 | BOY |
| EOY | 5371171 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105523944 | BOY |
| EOY | 110490375 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3194279 | BOY |
| EOY | 1439994 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2198274 | BOY |
| EOY | 2236208 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8740043 | BOY |
| EOY | 9553209 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27215504 | BOY |
| EOY | 26858760 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3207531 | BOY |
| EOY | 3497989 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44555631 | BOY |
| EOY | 43586160 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52401128 | BOY |
| EOY | 57769470 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1616215 | BOY |
| EOY | 1653021 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6950970 | BOY |
| EOY | 7481724 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60968313 | BOY |
| EOY | 66904215 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105523944 | BOY |
| EOY | 110490375 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6182621 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -246719 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $71,015 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 71015 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1: | ReturnReference |
| Explanation | ACPHS HAS RETAINED W.O.H. GOVERNMENT SOLUTIONS, LLC FOR CONTINUED LEGISLATIVE AND GOVERNMENT RELATIONS, REPRESENTATION BEFORE THE U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE AND EXECUTIVE BRANCH CONCERNING ALL RELEVANT LEGISLATIVE PROPOSALS AND PROPOSED REGULATIONS THAT AFFECT ACPHS. THEY ALSO REPRESENT ACPHS BEFORE THE NEW YORK STATE LEGISLATURE, EXECUTIVE BRANCH AND VARIOUS REGULATORY AGENCIES ON MATTERS OF INTEREST TO THE COLLEGE. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17033621 | BeginningOfYearBalance |
| Contributions | 3530596 | Contributions |
| Investment Earnings Or Losses | 694183 | InvestmentEarningsOrLosses |
| End Of Year Balance | 21258400 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10036362 | BeginningOfYearBalance |
| Contributions | 5275538 | Contributions |
| Investment Earnings Or Losses | 1721723 | InvestmentEarningsOrLosses |
| End Of Year Balance | 17033621 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8558559 | BeginningOfYearBalance |
| Contributions | 1016104 | Contributions |
| Investment Earnings Or Losses | 466575 | InvestmentEarningsOrLosses |
| Other Expenditures | 4876 | OtherExpenditures |
| End Of Year Balance | 10036362 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10461393 | BeginningOfYearBalance |
| Contributions | 104027 | Contributions |
| Investment Earnings Or Losses | -1923961 | InvestmentEarningsOrLosses |
| Other Expenditures | 82900 | OtherExpenditures |
| End Of Year Balance | 8558559 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6413706 | OtherCostOrOtherBasis |
| Book Value | 6413706 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 52027099 | OtherCostOrOtherBasis |
| Depreciation | 15356699 | Depreciation |
| Book Value | 36670400 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4396018 | OtherCostOrOtherBasis |
| Depreciation | 1135512 | Depreciation |
| Book Value | 3260506 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17222579 | OtherCostOrOtherBasis |
| Depreciation | 12819209 | Depreciation |
| Book Value | 4403370 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7736953 | OtherCostOrOtherBasis |
| Depreciation | 3174438 | Depreciation |
| Book Value | 4562515 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 55310497 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| POSTRETIREMENT HEALTH CARE BENEFITS | $1,616,157 |
| OBLIGATION UNDER INTEREST RATE SWAP | $562,781 |
| DEPOSITS HELD IN CUSTODY FOR OTHERS | $290,196 |
| LEASE OBLIGATIONS | $949,744 |
| DEFERRED COMPENSATION LIABILITY | $70,986 |
| GIFT ANNUITY | $8,125 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3497989 | TotalOfAmounts |
| Total Revenue | 56440377 | TotalRevenue |
| Total Expenses | 50257756 | TotalExpenses |
| Excess Or Deficit For Year | 6182621 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 94349 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 6481 | DonatedServicesAndFacilities |
| Other | -$347,549 | OtherAmount |
| Total Adjustments | -246719 | TotalAdjustments |
| Excess Or Deficit Per FS | 5935902 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 49912774 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 6481 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 172440 | OtherRevenues |
| Revenue Not Rptd F990 | 178921 | RevenueNotRptdF990 |
| Revenue Subtotal | 49733853 | RevenueSubtotal |
| Other Revenues Not Included | 6706524 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 6706524 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 56440377 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 44345323 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 67865 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 67865 | ExpensesNotRptdF990 |
| Expenses Subtotal | 44277458 | ExpensesSubtotal |
| Other Expenses Not Included | 5980298 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 5980298 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 50257756 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE COLLEGE'S POLICY FOR DISTRIBUTING ENDOWMENT FUND EARNINGS IS BASED ON THE NEED TO SUPPORT ITS VARIOUS PROGRAMS AND MAINTENANCE OF FACILITIES. WHETHER ANY DISTRIBUTIONS ARE MADE FROM ENDOWMENT FUNDS IS DECIDED ANNUALLY BY THE BOARD OF TRUSTEES IN CONJUNCTION WITH THE COLLEGE'S ANNUAL OPERATING BUDGET. ACCORDINGLY, OVER THE LONG TERM, THE COLLEGE EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO GROW AT A RATE THAT EXCEEDS THE RATE OF INFLATION. THIS IS CONSISTENT WITH THE COLLEGE'S OBJECTIVE 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 CURRENT INVESTMENT POLICY HAS A SPENDING POLICY OF 4% PER ANNUM, BASED ON AN HISTORICAL THREE-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 FUND WILL BE WITHDRAWN FROM THE BOARD-DESIGNATED ENDOWMENT. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | 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 ORGANIZATION 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 COLLEGES TAX POSITIONS, INCLUDING INTEREST AND PENALTIES ATTRIBUTABLE THERETO, AND CONCLUDED THAT THE COLLEGE HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF JUNE 30, 2012 AND 2011. FORMS 990 FILED BY THE COLLEGE ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 FILED BY THE COLLEGE ARE NO LONGER SUBJECT TO EXAMINATION FOR THE FISCAL YEARS ENDED JUNE 30, 2008, AND PRIOR. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | INCREMENTAL EFFECT OF APPLYING ASC 715 -347,549. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 3,198. FUNDRAISING EXPENSES 26,612. SEOG MATCHING CONTRIBUTION 38,055. INVESTMENT EXPENSES 104,575. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID REPORTED NET OF TUITION 5,980,298. INTEREST INCOME 525,466. GAIN ON SALE OF SECURITIES 200,760. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL INCOME 3,198. FUNDRAISING EXPENSES 26,612. SEOG MATCHING CONTRIBUTION 38,055. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT FINANCIAL AID REPORTED NET OF TUITION 5,980,298. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | 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 ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVES ASSISTANCE FROM THE GOVERNMENT FOR BOTH RESEARCH AND DEVELOPMENT AS WELL AS SUPPORTING FINANCIAL AID. |
| FORM 990, SCHEDULE E, PART II | 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 AID, ATHLETICS, EMPLOYMENT AND EDUCATIONAL PROGRAMS. ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED 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 FOLLOWING PERSON HAS BEEN DESIGNATED TO HANDLE INQUIRIES REGARDING THE NONDISCRIMINATION POLICIES: GERALD H. KATZMAN, ESQ., GENERAL COUNSEL, ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES, 106 NEW SCOTLAND AVE., ALBANY, NY 12208-3492; (518) 694-7298; FAX: (518) 694-7341; GERALD.KATZMAN@ACPHS.EDU. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF EVENT | NameOfEvent1 |
| Gross Receipts Event1 | 61095 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 43377 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 17718 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 8858 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 9820 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 5482 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 2452 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 61095 | GrossReceiptsTotal |
| Charitable Contributions Total | 43377 | CharitableContributionsTotal |
| Gross Revenue Total Events | 17718 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 8858 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 9820 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 5482 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 2452 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 26612 | DirectExpenseSummaryEvents |
| Net Income Summary | -8894 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS AND STUDENT FINANCIAL AID FOR STUDENTS ATTENDING THE ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES. | TypeOfGrant |
| Number Of Recipients | 1949 | NumberOfRecipients |
| Amount Of Cash Grant | 6656195 | AmountOfCashGrant |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES GOZZO | |||||||||||||
| 430201 | 0 | 0 | 0 | 0 | 0 | 26950 | 0 | 0 | 0 | 457151 | 0 | 0 | 0 |
| MEHDI BOROUJERDI | |||||||||||||
| 265806 | 0 | 0 | 0 | 0 | 0 | 26950 | 0 | 0 | 0 | 292756 | 0 | 0 | 0 |
| ROBERT HAMILTON | |||||||||||||
| 168735 | 0 | 0 | 0 | 0 | 0 | 18731 | 0 | 0 | 0 | 187466 | 0 | 0 | 0 |
| SHAKER MOUSA | |||||||||||||
| 391138 | 0 | 0 | 0 | 0 | 0 | 26950 | 0 | 0 | 0 | 418088 | 0 | 0 | 0 |
| STEFAN BALAZ | |||||||||||||
| 168166 | 0 | 0 | 0 | 0 | 0 | 19166 | 0 | 0 | 0 | 187332 | 0 | 0 | 0 |
| GERALD KATZMAN | |||||||||||||
| 162852 | 0 | 0 | 0 | 0 | 0 | 17772 | 0 | 0 | 0 | 180624 | 0 | 0 | 0 |
| ROBERT DICENZO | |||||||||||||
| 154758 | 0 | 0 | 0 | 0 | 0 | 17848 | 0 | 0 | 0 | 172606 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | THE COLLEGE ALSO PROVIDES THE PRESIDENT MEMBERSHIP IN A 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. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| CITY OF ALBANY INDUSTRIAL DEVELOPMENT AGENCY | |||||||
| 522015750 | 012126AN8 | 2004-12-14 | 14352330 | DEFEASE 1999B BOND; CONSTRUCTION OF STUDENT CENTER | 0 | 0 | 0 |
| CITY OF ALBANY INDUSTRIAL DEVELOPMENT AGENCY | |||||||
| 522015750 | 012440GU1 | 2004-12-14 | 8000000 | DEFEASE 2000A BONDS; CONSTRUCTION OF STUDENT CENTER | 0 | 0 | 0 |
| CITY OF ALBANY INDUSTRIAL DEVELOPMENT AGENCY | |||||||
| 522015750 | 012440LG6 | 2008-01-25 | 7330000 | PAY DOWN LINE OF CREDIT; PURCHASE 84 HOLLAND AVE | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1942330 | 14352330 | 1155041 | 2915000 | 251713 | 109667 | 6612285 | 168694 | 2006 | 1 | 0 | 1 | 1 |
| 1145000 | 8000000 | 2915000 | 130997 | 109667 | 4743301 | 101065 | 2006 | 0 | 1 | 1 | 1 | |
| 7330000 | 145263 | 62801 | 7094449 | 27487 | 2006 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Engage Bond Counsel ResearchEngageBondCounselResearch | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 1 | 0 | 1 |
| 0 | 0 | 0 | 1 | 0 | 1 |
| 0 | 0 | 0 | 1 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate | Term Of HedgeTermOfHedge |
|---|---|---|---|---|---|---|---|---|
| TD BANKNORTH | ||||||||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| TD BANKNORTH | ||||||||
| 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 85.000000000000 |
| TD BANKNORTH | ||||||||
| 0 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 5.000000000000 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| GIL CHORBAJIAN | |||
| SON OF BOARD OF TRUSTEES MEMBER | 100039 | EMPLOYED AS DIRECTOR OF MARKETING AND COMMUNICATIONS | 0 |
| BETTE & CRING | |||
| BOARD OF TRUSTEE - OWNER | 3064816 | RENOVATIONS OF BUILDINGS | 0 |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 8 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 75997 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | EQUIPMENT | 2 | 3000 | FAIR MARKET VALUE |
| X | SUPPLIES | 2 | 7498 | FAIR MARKET VALUE |
| X | SERVICES | 1 | 6481 | FAIR MARKET VALUE |
| X | FUNDRAISING PRIZES | 2 | 5700 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE PROCESS FOR REVIEWING THE 990 INCLUDES A DETAILED REVIEW AND APPROVAL BY BOTH THE AUDIT AND FINANCE COMMITTEES. THE 990 IS THEN FORWARDED TO THE FULL BOARD FOR ITS REVIEW. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY REQUIRES 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 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 EARLIEST 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 EFFECTING THE COURSE AND DETERMINATIONS OF THE COLLEGE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES APPOINTS A COMPENSATION COMMITTEE WHICH 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. THE PRESIDENT IN TURN REVIEWS AVAILABLE SALARY INFORMATION WITH RESPECT TO THE OFFICERS AND KEY EMPLOYEES IN ESTABLISHING THEIR SALARIES. ALL SALARY RECOMMENDATIONS EXIST AS PART OF THE BUDGET AND ARE AVAILABLE FOR REVIEW BY THE FINANCE COMMITTEE AND THE BOARD OF TRUSTEES AND THE BUDGET IS ULTIMATELY ADOPTED BY THE BOARD OF TRUSTEES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 94,349. DONATED SERVICES AND USE OF FACILITIES: 6,481. INCREMENTAL EFFECT OF APPLYING ASC 715 -347,549. TOTAL TO FORM 990, PART XI, LINE 5: -246,719. THE COLLEGE HAS EXISTING PRACTICES WITH RESPECT TO DOCUMENT RETENTION SUCH THAT ALL STUDENT RECORDS WERE PERPETUALLY KEPT. DURING THE PAST TEN YEARS THE COLLEGE HAS UTILIZED ELECTRONIC DATABASES FOR THE CREATION AND MAINTENANCE OF STUDENT AND BUSINESS RECORDS. THE COLLEGE IS IN THE PROCESS OF ESTABLISHING A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY WHICH WILL IMPLEMENT THE EXISTING PRACTICES AND PROVIDE FOR ELECTRONIC RETENTION OF DOCUMENTS WHEREVER POSSIBLE. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C | THE PROCESS FOR OVERSEEING THE AUDIT AND OF SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOOKSTORE LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 NEW SCOTLAND AVE | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12208 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113780407 | EIN |
| Primary Activity | BOOKSTORE | PrimaryActivity |
| Legal Domicile State | NY | LegalDomicileState |
| Share Of Total Income | 26908 | ShareOfTotalIncome |
| Share Of EOY Assets | 27509 | ShareOfEOYAssets |
| Disproportionate Allocations | 0 | DisproportionateAllocations |
| General Or Managing Partner | 0 | GeneralOrManagingPartner |
| Percentage Ownership | 0.39000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |