2013-04-10T15:00:00-05:00 2012-06-30 542076905 BST ADVISORS LLC 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2011-07-01 141423161 ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES ALBA 5186947216 106 NEW SCOTLAND AVE ALBANY NY 122083492 JAMES GOZZO 5186947216 2013-04-04 1 KEVIN T MCGRATH P00134182 5184596700 2011 2016-02-25 16:41:14Z JAMES GOZZO 106 NEW SCOTLAND AVE ALBANY NY 122083492 60217001 0 X WWW.ACPHS.EDU X 1881 NY ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES IS COMMITTED TO GRADUATING THE BEST HEALTH CARE MINDS IN THE WORLD. 20 18 913 0 0 0 2359415 1475719 49062254 53450021 495618 695128 1087909 819509 53005196 56440377 5841219 6656195 0 0 22429675 24494590 0 0 1444437 18746619 19106971 47017513 50257756 5987683 6182621 105523944 110490375 44555631 43586160 60968313 66904215 X 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. 0 0 34290396 50915645 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. 4026406 2534376 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. 102139 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. 74283 NET RENTAL INCOME 754120 OTHER INCOME 828403 38418941 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 1 151 0 1 913 1 0 0 0 0 0 1 1 0 0 0 0 X 20 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NY X X MICHELE VIEN 5186947216 106 NEW SCOTLAND AVENUE ALBANY NY 12208 ROBERT S BUSCH 1.00 X 0 0 0 J GORDON DAILEY 1.00 X 0 0 0 RICHARD H DAFFNER 1.00 X 0 0 0 FRANCIS J DILASCIA 1.00 X 0 0 0 MATTHEW BETTE 1.00 X 0 0 0 GENO J GERMANO 1.00 X 0 0 0 ROCCO F GIRUZZI JR 1.00 X 0 0 0 ZACHARY I HANAN 1.00 X 0 0 0 HUGH A JOHNSON 1.00 X 0 0 0 JEANNETTE S LAMB 1.00 X 0 0 0 JOSEPH M LAPETINA 1.00 X 0 0 0 THOMAS O MAGGS 1.00 X 0 0 0 MARION T MORTON 1.00 X 0 0 0 STEPHEN C AINLAY 1.00 X 0 0 0 KANDYCE DALEY 1.00 X 0 0 0 RAYMOND BLESER 1.00 X 0 0 0 JAMES GOZZO 40.00 X 430201 0 26950 HERBERT G CHORBAJIAN 1.00 X 0 0 0 BRIDGET-ANN HART 1.00 X 0 0 0 CHRISTOPHER MITIGUY 1.00 X 0 0 0 FOUAD MORKOS 1.00 X 0 0 0 MEHDI BOROUJERDI 40.00 X 265806 0 26950 ROBERT HAMILTON 40.00 X 168735 0 18731 SHAKER MOUSA 40.00 X 391138 0 26950 STEFAN BALAZ 40.00 X 168166 0 19166 GERALD KATZMAN 40.00 X 162852 0 17772 ROBERT DICENZO 40.00 X 154758 0 17848 1741656 0 154367 7 0 1 0 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 5 43377 1432342 99176 1475719 EDUCATION 611600 50915645 50915645 RESEARCH 611600 2534376 2534376 53450021 492316 492316 77481 3198 74283 74283 74283 3917406 32220 3716646 30168 200760 2052 202812 202812 17718 43377 26612 -8894 -8894 OTHER INCOME 900099 754120 754120 754120 56440377 54278424 0 686234 6656195 6656195 696007 265806 430201 18518672 13904278 3944048 670346 1798751 1243846 481167 73738 2011238 1480777 474143 56318 1469922 1084011 334630 51281 126610 126610 98725 98725 56817 56817 189668 129397 29675 30596 2078319 1177691 853777 46851 414657 414657 3086052 2566825 451908 67319 398209 254348 60365 83496 334661 174660 29669 130332 853643 611123 211106 31414 5042557 3609824 1246979 185754 309879 33269 276610 COST OF OPERATIONS - CA 1986768 1986768 LEASES 1476998 1476998 GENERAL EXPENSES 841104 438973 402131 BOOKS/PERIODICALS/AV 340134 340134 1472170 984018 471160 16992 50257756 38418941 10394378 1444437 1 20425594 21912988 2072467 2194761 385524 650432 2675399 2749290 226740 335041 87796355 32485858 55756326 55310497 16530938 21310084 2650339 656111 4800616 5371171 105523944 110490375 3194279 1439994 2198274 2236208 8740043 9553209 27215504 26858760 3207531 3497989 44555631 43586160 X 52401128 57769470 1616215 1653021 6950970 7481724 60968313 66904215 105523944 110490375 X 6182621 -246719 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 71015 71015 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: 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. 17033621 3530596 694183 21258400 10036362 5275538 1721723 17033621 8558559 1016104 466575 4876 10036362 10461393 104027 -1923961 82900 8558559 0 0 6413706 6413706 52027099 15356699 36670400 4396018 1135512 3260506 17222579 12819209 4403370 7736953 3174438 4562515 55310497 POSTRETIREMENT HEALTH CARE BENEFITS 1616157 OBLIGATION UNDER INTEREST RATE SWAP 562781 DEPOSITS HELD IN CUSTODY FOR OTHERS 290196 LEASE OBLIGATIONS 949744 DEFERRED COMPENSATION LIABILITY 70986 GIFT ANNUITY 8125 3497989 56440377 50257756 6182621 94349 6481 -347549 -246719 5935902 49912774 6481 172440 178921 49733853 6706524 6706524 56440377 44345323 67865 67865 44277458 5980298 5980298 50257756 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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. GOLF EVENT 61095 43377 17718 8858 9820 5482 2452 61095 43377 17718 8858 9820 5482 2452 26612 -8894 1 SCHOLARSHIPS AND STUDENT FINANCIAL AID FOR STUDENTS ATTENDING THE ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES. 1949 6656195 X 1 1 X 0 0 0 0 0 0 0 0 0 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 SUPPLEMENTAL INFORMATION PART III 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. 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 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 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 TD BANKNORTH 0 0 0 0 0 0 1 1 TD BANKNORTH 85.000000000000 0 0 0 0 0 0 1 1 TD BANKNORTH 5.000000000000 0 0 0 0 1 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 X 500 FAIR MARKET VALUE X 8 75997 FAIR MARKET VALUE 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 0 1 0 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. CHANGES IN NET ASSETS OR FUND BALANCES: 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. 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. BOOKSTORE LLC 106 NEW SCOTLAND AVE ALBANY NY 12208 113780407 BOOKSTORE NY 26908 27509 0 0 0.39000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0