2011-02-03T10:14:56-06:00 2010-06-30 MARVIN AND COMPANY PC 11 BRITISH AMERICAN BLVD LATHAM NY 121101405 990 2009-07-01 141338579 THE ALBANY ACADEMIES INC ALBA 5184292460 140 ACADEMY ROAD ALBANY NY 12208 TIMOTHY R WELLES 5184292460 2011-01-24 1 CAROL A HAUSAMANN CPA 5187850134 2009 2016-02-24 21:20:13Z dr douglas north 140 ACADEMY ROAD ALBANY NY 12208 25035326 0 X WWW.ALBANYACADEMIES.ORG X 1813 NY 1. TO OPERATE AND MAINTAIN AN EARLY CHILDHOOD CO-EDUCATION PROGRAM FOR CHILDREN THREE AND FOUR YEARS OF AGE.2. TO OPERATE AND MAINTAIN AN EARLY CHILDHOOD EDUCATION PROGRAM FOR GIRLS FOUR AND FIVE YEARS OF AGE, A KINDERGARTEN FOR FIVE-YEAR OLD GIRLS, A GRADE ONE THROUGH FOUR PRIMARY SCHOOL FOR GIRLS AND A GRADE FIVE THROUGH 8 MIDDLE SCHOOL FOR GIRLS AND, WHEN DEEMED FITTING, CO-EDUCATIONAL COURSES AND PROGRAMS.3. TO OPERATE AND MAINTAIN AN EARLY CHILDHOOD EDUCATION PROGRAM FOR BOYS FOUR AND FIVE YEARS OF AGE, A KINDERGARTEN FOR FIVE-YEAR OLD BOYS, A GRADE ONE THROUGH FOUR PRIMARY SCHOOL FOR BOYS AND A GRADE FIVE THROUGH 8 MIDDLE SCHOOL FOR BOYS AND, WHEN DEEMED FITTING, CO-EDUCATIONAL COURSES AND PROGRAMS.4. TO OPERATE AND MAINTAIN A GRADE NINE THROUGH TWELVE SECONDARY SCHOOL WITH BOTH SINGLE-GENDER AND CO-EDUCATIONAL PROGRAMS. 21 21 150 300 541638 0 1287246 1482910 11563830 12086857 -412297 1120722 95009 145573 12533788 14836062 2381005 2670072 0 8315623 7745453 11500 0 344341 4723632 4475041 15431760 14890566 -2897972 -54504 35489547 35293609 12109373 11173254 23380174 24120355 THE ALBANY ACADAMIES IS A PRESCHOOL-GRADE 12 INDEPENDENT COLLEGE-PREPATORY SINGLE-GENDER SCHOOL COMMITTED TO DEVELOPING THE POTENTIAL OF THE WHOLE INDIVIDUAL BY BUILDING A COMMUNITY THAT FOSTERS SCHOLARSHIP, LEADERSHIP, CHARACTER, SERVICE AND CREATIVITY. OUR CORE VALUES INCLUDE RESPONSIBILITY, SELF-DISCIPLINE, COMPASSION, INGENUITY, RESPECT, SERVICE, INTEGRITY AND PERSERVERANCE. 0 0 12433970 12086857 TO OPERATE A SCHOOL, PREKINDERGARTEN THROUGH GRADE 12. 12433970 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 20 0 1 150 1 1 1 0 0 0 0 1 1 0 0 0 21 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 NY X X SUSAN PAUSLEY 5184292460 140 ACADEMY ROAD ALBANY NY 12208 LARRY BECKER 1.00 X 0 0 0 M CHRISTIAN BENDER 1.00 X 0 0 0 DARLENE BILINSKI 1.00 X 0 0 0 WALTER BORISENOK 1.00 X 0 0 0 PETER CAMPITO 1.00 X 0 0 0 EILEEN M CONSIDINE 1.00 X 0 0 0 BRUCE DISTEFANO 1.00 X 0 0 0 E STEWART JONES 1.00 X 0 0 0 LESLIE MORGAN MARVIN 1.00 X 0 0 0 GEORGE C MCNAMEE 1.00 X 0 0 0 BRAD ROSENSTEIN 1.00 X 0 0 0 CHRISTINE L STANDISH 1.00 X 0 0 0 MELISSA JARVIS-CEDENO 1.00 X 0 0 0 ROBERT J MCCORMICK 1.00 X 0 0 0 DEBRA A NELSON 1.00 X 0 0 0 CAROL SWYER NOBLE 1.00 X 0 0 0 MONICA KASSELMAN OBERTIN 1.00 X 0 0 0 THOMAS J BALDWIN JR 1.00 X 0 0 0 JAMES A SIDFORD 1.00 X 0 0 0 FRANCIS H TROMBLY JR 1.00 X 0 0 0 DOUGLAS NORTH 40.00 X 10400 0 5000 PAMELA MACAFFER 40.00 X 81635 0 12050 TIMOTHY R WELLES 1.00 X 0 0 0 92035 0 17050 0 0 0 0 COMPASS GROUP USA PO BOX 91337 CHICAGO IL 60693 FOOD SERVICES 558237 AUSTIN AND COMPANY 20 CORPORATE WOODS BOULEVARD ALBANY NY 12211 INSURANCE 198901 ALBRIGHT'S LAWNCARE 54 BRIDGE STREET SELKIRK NY 12158 MAINTENANCE 126096 3 1482910 1482910 TUITION 900099 11389188 11389188 AUXILIARY INCOME 900099 609247 67609 541638 OTHER SOURCE INCOME 900099 88422 88422 12086857 400619 400619 10880467 10160364 720103 720103 720103 184473 38900 145573 145573 14836062 11545219 541638 1266295 2670072 2670072 162990 162990 6270360 5217897 828608 223855 214467 168088 38488 7891 382125 287941 80666 13518 715511 624872 65676 24963 45629 45629 101002 3853 38544 58605 8334 452 7882 456794 456794 12906 12906 36958 36958 349049 349049 769060 607557 161503 138050 138050 CONTRACTED CAFETERIA SE 521115 521115 ATHLETICS 338448 338448 AUXILIARY SERVICES 297760 297760 GROUNDS, CONTRACT SEVIC 220099 220099 SUPPLIES 185470 185470 994367 309495 669363 15509 14890566 12433970 2112255 344341 585765 997891 815757 591303 178418 138393 28025875 15854641 12672505 12171234 14666051 14346585 6571051 7048203 35489547 35293609 1197619 1139955 1113112 1034210 8567499 7867437 1231143 1131652 12109373 11173254 X 3907317 3667624 4888657 5677014 14584200 14775717 23380174 24120355 35489547 35293609 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17487109 48595 1613023 925506 18223221 19670746 346518 -1904648 625507 17487109 0.10970 0.81080 0.07950 1 0 20887247 10462199 10425048 5601893 5119514 482379 1536735 272928 1263807 12171234 STUDENT LOAN RECEIVABLES, NET 102084 ASSETS HELD IN CHARITABLE REMAINDER TRUSTS 1577621 BENEFICIAL INTEREST IN PERPETUAL TRUST 5307537 OTHER ASSETS 60961 7048203 LIABILITY UNDER CHARITABLE REMAINDER TURST 28931 LIABILITY UNDER THE POOLED INCOME FUND 353398 POST RETIREMENT BENEFITS 749323 1131652 14836062 14890566 -54504 110121 684564 794685 740181 12953946 110121 723464 833585 12120361 2715701 2715701 14836062 12213765 38900 38900 12174865 2715701 2715701 14890566 Part XI, Line 8 - Other Adjustments: CHANGE IN VALUE OF CHARITABLE REMAINDER TRUSTS: 129994. CHANGE IN VALUE OF PERPETUAL TRUST: 433425. CHANGE IN VALUE OF POOLED INCOME FUND: 121145. Part XII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSE NETTED AGAINST SPECIAL EVENT INCOME: 38900. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST: 129994. CHANGE IN VALUE OF PERPETUAL TRUST: 433425. CHANGE IN VALUE OF POOLED INCOME TRUST: 121145. Part XII, Line 4b - Other Adjustments: ADVISORY FEES: 45629. FINANCIAL AID: 2670072. Part XIII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSE NETTED AGAINST SPECIAL EVENT INCOME: 38900. Part XIII, Line 4b - Other Adjustments: ADVISORY FEES: 45629. FINANCIAL AID: 2670072. 1 1 1 THE NON-DISCRIMINATORY POLICY IS NOTED ON ALL NEWSPAPER ADVERTISEMENTS AND ADMISSIONS BROCHURES. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SPRING AUCTION 121548 121548 15000 3302 SPORTS AUCTION 54315 54315 5037 4486 22310 13700 8610 8468 2607 198173 13700 184473 28505 10395 38900 145573 1 SCHOLARSHIPS 280 2670072 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The Albany Academies are committed to maintaining a strong, diverse student body in a learning environment rich with cultural, religious, ethnic and economic diversity. We accept students on the basis of their ability to contribute to and benefit from our educational community. With this in mind, we have developed a variety of financing options to help make an Academies education affordable. Our financial aid program exists to attract and assist a diverse and qualified student population, including students who might not otherwise pursue an independent school education. Candidates are admitted to The Albany Academies based on established admissions criteria, regardless of family financial circumstances. The confidential financial aid process is completely separate and in no way influences admission decisions. Approximately one-third of the student body receives financial assistance. CAMPITO HEATING AND PLUMBING PETER CAMPITO, BOARD MEMBER IS THE OWNER OF CAMPITO HEATING AND PLUMBING 15000 CONTRACTED FOR HEATING AND PLUMBING SERVICES. 0 BERT TROMBLEY AND LARRY BECKER BOTH SIT ON THE BOARD OF CAPITAL BANK ACADEMIES HAS DEPOSIT AND LOAN ACCOUNTS WITH CAPITAL BANK. 0 Form 990, Part VI, Section A, line 2 TIMOTHY WELLES, TREASURER AND GEORGE MCNAMEE, TRUSTEE ARE BROTHER-IN-LAWS. Form 990, Part VI, Section B, line 11 FORM 990 IS MADE AVAILABLE TO THE BOARD BEFORE FILING WITH THE IRS. Form 990, Part VI, Section B, line 12c ON AN ANNUAL BASIS THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICIES TO DETERMINE IF ANY RELATIONSHIPS SHOULD BE OF CONCERN TO THE SCHOOL. Form 990, Part VI, Section B, line 15a THE SCHOOL USES COMPENSATION SURVEYS THAT ARE APPROVED BY THE BOARD OF TRUSTEES AND DOCUMENTED IN THE BOARD MEETING MINUTES. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE MADE AVAILABLE BY REQUEST AND FORM 990 IS ALSO AVAILABLE THROUGH GUIDESTAR. FORM 990, PART XI, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT REVIEWS THE AUDITED FINANCIAL STATEMENTS AS WELL AS APPROVES THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.