2011-11-15T12:50:01-08:00 2010-12-31 KPMG LLP 515 Broadway Albany NY 12207 990 2010-01-01 141641730 Albany Medical Center ALBA 5182625585 47 New Scotland Ave MC116 Albany NY 12208 William Hasselbarth 2011-11-15 2010 2016-02-24 21:20:13Z 105788686 false false X www.amc.edu X 1982 NY An academic health sciences center whose responsibilities are to provide a broad range of patient services to the people of eastern New York and western New England. 24 23 1340 22996 0 96172094 105169155 -53729 -71181 371975 173978 96490340 105271952 0 0 60238868 64367082 0 0 34100520 38526629 94339388 102893711 2150952 2378241 143352392 155589303 148248245 156774565 -4895853 -1185262 X An academic health sciences center whose responsibilities are: to educate medical students, physicians, biomedical students and other health care professionals to meet future primary and specialty health care needs of the region and nation; to foster biomedical research that leads to scientific advances and improvement of the health of the public; and to provide a broad range of patient services to the people of eastern New York and western New England.The mission is accomplished through commitment to the values of Quality, Excellence, Service, Collaboration, Integrity and Fiscal Responsibility. We believe to continually develop as a nationally recognized academic health science center. In collaboration with the community, we will provide excellence in education, research, and patient care programs.Our vision for the future includes a commitment to working with other providers to make comprehensive and advanced clinical services available to the public while emphasizing quality and ser false false 28767122 39211095 Financial Management: Centralized corporate finance related operations for the Center and affiliated exempt organizations. 22468080 21444556 Other Administrative Support Services: The Center coordinates planning, financial, information and policy direction for our affiliated exempt organizations. 21975417 13700802 Information Systems & Services: Centralized maintenance and upgrade of various information systems and other computer support such as personal computer maintenance, education, etc. for the Center and affiliated exempt organizations. 29683092 30812702 102893711 true false false true false false false false true false true false false true true true false true false false false false false false false false false false false true true false false false false false false false false false false false false false false false true true true false false true 625 0 true 1340 true true true true CJ false false false false false false false false 0 false false false false false false false false false false false X 24 23 false false false false false false false true true false false false false true true true true true true true false false NY X Frances M Albert CPA 5182625585 47 New Scotland Ave Albany NY 12208 William C Hasselbarth 40.00 X 464487 0 99818 W Michael Reickert 2.00 X 0 0 0 Vincent Verdile MD 40.00 X 0 554349 112528 Todd M Tidgewell 2.00 X 0 0 0 Steven M Parnes MD 2.00 X 0 0 0 Steven M Frisch MD 40.00 X 466992 108200 108952 Ronald D'Alessandro 2.00 X 0 0 0 Robert T Cushing 2.00 X 0 0 0 Robert J Higgins 2.00 X 0 0 0 R Wayne Diesel 2.00 X 0 0 0 Peter H Heerwagen 2.00 X 0 0 0 Peter H Elitzer 2.00 X 0 0 0 Noel Hogan 40.00 X 183355 0 25109 Michael K Burke 2.00 X 0 0 0 Marc N Fecteau CPA 2.00 X 0 0 0 Lillian Moy Esq 2.00 X 0 0 0 Lee Hessberg 40.00 X 284681 0 53475 Kimberly Fine 40.00 X 244237 0 39647 Joyce M DeFazio 2.00 X 0 0 0 John J Nigro 2.00 X 0 0 0 John B Robinson Jr 2.00 X 0 0 0 John B O'Connor 2.00 X 0 0 0 Jeffrey Stone 2.00 X 0 0 0 Jeffrey Sperry 2.00 X 0 0 0 Janice Smith 2.00 X 0 0 0 James O Jackson PhD 2.00 X 0 0 0 James J Barba 40.00 X X 919476 0 242884 George T Hickman 40.00 X 375027 0 78566 Gary J Kochem 40.00 X 458091 0 94066 Doug Hamlin 2.00 X 0 0 0 Donald Stichter 40.00 X 231376 0 3289 David Golub 2.00 X 0 0 0 Catherine Halakan 0.00 X 259232 0 41666 Candace King Weir 2.00 X 0 0 0 3886954 662549 900000 47 false true false Siemens Medical Solutions PO BOX 75571 Charlotte NC 28275 IT Support Services 6231103 SAYERS 9233 Paysphere Circle Chicago IL 60674 IT Support Services 1682897 Maynard OConnor Smith and Catalinotto 6 Tower Place Albany NY 122033725 Legal Services 1321196 Aramark Healthcare Services 24863 Network Place Chicago IL 606731248 Food Service 1586400 Acusis PO BOX 951107 Cleveland OH 44193 Medical Transcript 1235029 27 0 Other Admin Support Serv 561000 21444556 21444556 Materials Management 561000 15258125 15258125 Informat'n System/Service 561000 13700802 13700802 Financial Management 561000 39211095 39211095 Building Operation 561000 15554577 15554577 105169155 -61531 -61531 12 12 0 523876 507072 16804 16804 22996 -6192 9662 -9662 -9662 -9662 0 0 0 Miscellaneous 812900 157174 157174 157174 105271952 105326329 22996 -77373 0 0 0 0 2764696 2764696 0 50743906 50743906 2560127 2560127 4540109 4540109 3758244 3758244 1888777 1888777 522470 522470 50722 50722 189007 189007 0 159007 159007 10029509 10029509 716482 716482 2203570 2203570 0 0 2820493 2820493 169074 169074 0 0 1150117 1150117 0 9173247 9173247 206891 206891 Miscellaneous Expense 573290 573290 Machine Rental & Lease 6461845 6461845 Intracompany 2212128 2212128 0 102893711 102893711 0 0 5890196 10984980 41581393 9922216 0 153261 58408 0 0 0 62574 55682 1917673 2146380 154689543 57587264 58780521 97102279 0 0 5351910 7510658 0 29614864 27808700 143352392 155589303 16860486 16623749 6925000 6665000 5103637 7173767 16692124 47787595 102666998 78524454 148248245 156774565 X -4895853 -1185262 -4895853 -1185262 143352392 155589303 X 2378241 1332350 X false true true X true true X X false false false Center for Donation and Transplant 141820447 13 true 784416 Albany Medical Center Foundation 146023119 13 true 162285 Albany Medical Center Kidskeller 222635792 6 true 8663 Alb Med Ctr - South Clinical Campus 141813299 7 true 762626 Albany Medical College 141338310 6 true 13583520 Albany Medical Center Hospital 141338307 7 true 87592201 6 102893711 false false false true false true 1206 false false true 187801 false false 189007 false false false true 730170 730170 49834355 4549334 45285021 17098043 5383222 11714821 69618489 43998042 25620447 17408486 3656666 13751820 97102279 VA Garage Maintenance Reserve 5795 F Garage Financing 213457 F Deferred Comp 7173767 F IDA Series A 2902 F IDA Bonds 114737 F Interinstitutional Receivables - LT 25827482 Interinstitutional Receivables - Current 522896 Equity in Midstate Partners 1009 Deferred Finance Costs 216913 Deferred Finance Costs 1240400 27808700 Long Term Pension Costs 7060603 Interinstitutional Payables - Long-term 49564845 Interinstitutional Payables - Current 20081755 Derivative Rates - Long-term 1666119 Accrued abatement costs 151132 78524454 105271952 102893711 2378241 1332350 1332350 3710591 106955829 1683877 1683877 105271952 105271952 103245238 351527 351527 102893711 102893711 Part X Part X : FIN48 Footnote r) Income TaxesWith the exception of Madison Avenue Services Corporation, all entities comprising the Albany Medical Center and Related Entities are not-for-profit corporations under Section 501(c)(3) of the Internal Revenue Code and are exempt from federal income taxes pursuant to Section 501(a) of the Code. Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S Interest Rate Swaps $351527 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 Pension Related Changes $1651081 Contributions for PPE $32796 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Effect of adoption of provisions of FASB #158 $1651081 Contributions for PPE $32796 Change in fair value of interest rate swaps $ -351527 Part IV, Line 2b Part IV, Line 2b: Explanation of escrow account liability Albany Medical Center has a deferred compensation program. X X X X X false false false false false false false false false false William C Hasselbarth 335129 90600 38758 87861 11957 564305 70360 Vincent Verdile MD 414741 100850 38758 99249 13279 666877 80850 Steven M Frisch MD 432362 108200 34630 95229 13723 575944 108200 87901 Noel Hogan 155798 16960 10597 21716 3393 208464 16902 Lee Hessberg 214942 30843 38896 42283 11192 338156 30738 Kimberly Fine 208847 28700 6690 29671 9976 283884 28603 James J Barba 630739 250000 38737 240624 2260 1162360 249152 George T Hickman 272639 63750 38638 65743 12823 453593 63534 Gary J Kochem 344917 72964 40210 82745 11321 552157 72716 Donald Stichter 209118 22258 3289 234665 Catherine Halakan 186318 34160 38754 38003 3663 300898 34044 City of Albany IDA 521325673 2010-03-19 4218094 Acquisition and renovation false false false 4218094 84000 4134094 2010 false false true true false false false false true true true true false false false false City of Albany IDA 521325673 2010-03-19 10255900 Acquisition and renovation false false false City of Albany IDA 521325673 2009-10-09 25000000 Acquisition and renovation false false false City of Albany Industrial Development Agency 521325673 012440JG9 2007-06-28 3020000 Acquisition and renovation of land, facilities and machinery false false false City of Albany Industrial Development Agency 521325673 012440HC0 2006-05-03 4800000 Acquisition and renovation of land, facilities and machinery false false false 10255900 205000 10050900 2010 false false true true 25000000 499646 24500354 2010 false false true true 3020000 104906 57790 2857304 2007 false false true true 4800000 154211 4645789 2007 false false true true false false false false true true false false false false true true false false false false true true false false false false true true true true false false false false true true false false false false true true true Bank of America 20.0000 false false false false false true true true Citizens 20.0000 false false false false false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Documents are made available upon request. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Compensation Committee of the Board of Directors ("Committee") establishes compensation for the President and Chief Executive Officer of the organization, all Executive Vice Presidents and other top management officials who report directly to the President and Chief Executive Officer, subject to approval by the Board of Directors. The Committee uses professional compensation advisors who are capable of rendering independent advice and independent market surveys. The Committee targets the market median (50th percentile) for cash compensation; benefit programs are intended to be competitive. After the compensation program is determined, the Committee-approved recommendation is forwarded to the Board of Directors for its consideration and approval, and that is contemporaneously substantiated. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts All candidates for Board membership and Board Committee membership receive a copy of the conflict of interest policy and conflict of interest questionnaire for completion. Actual or potential conflicts reported are reviewed by the Committee on Audit & Compliance of the Board of Directors and appropriate action is taken to mitigate conflicts.Upon hire, all employees receive an employee manual which explains the conflict of interest policy and the requirement to report any actual or potential conflicts. All employees also receive refresher education regarding the policy and a reminder about the reporting requirement as part of their mandatory annual education. All employees are responsible for notifying Center management of any potential conflicts in addition to responding to requests for information if requested. Persons holding significant management positions receive a copy of the conflict of interest questionnaire for completion. Any conflicts which are reported or discovered are reviewed by the Corporate Compliance & Audit Dept. and appropriate action is taken to mitigate the conflict. Employees who violate the conflict of interest policy are subject to the institution's corrective action policies. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process The Board of Directors, through it's Audit Committee, engages a prominent accounting firm, KPMG, to conduct a review of it's tax return for compliance with IRS regulations. The Audit Committee engages KPMG as paid preparer to ensure accuracy of filings and raise for discussion issues or concerns that are considered significant. Issues or concerns are raised with management and brought to the attention of the Audit Committee throughout the year as warranted and required. Our process also includes a review of returns by senior management and a presentation and review of the returns at a meeting of the Audit Committee of the Board of Directors. Form 990, Part III, Line 4d Form 990, Part III, Line 4d : Other Program Services Description OTHER PROGRAM SERVICES 4: Materials Management: Centralized supply related operations for the Center and affiliated exempt organizations. OTHER PROGRAM SERVICES 5: Other Administrative Support Services: The Center coordinates planning, financial, information and policy direction for our affiliated exempt organizations. Center for Donation and Transplant 218 Great Oaks Blvd Albany NY 12203 141820447 Organ and Tissue Bank NY 501(c)(3) 11 Type I Albany Medical College false Albany Medical Center South Campus 25 Hackett Blvd Albany NY 12208 141813299 Healthcare NY 501(c)(3) 3 Albany Medical Center true Albany Medical Center Kidskeller 47 New Scotland Avenue Albany NY 12208 222635792 Education Day Program NY 501(c)(3) 2 Albany Medical Center true Albany Medical Center Foundation 47 New Scotland Avenue Albany NY 12208 146023119 Fundraising NY 501(c)(3) 7 N/A false Albany Medical College 47 New Scotland Avenue Albany NY 12208 141338310 Medical Degree Programs NY 501(c)(3) 2 N/A false Albany Medical Center Hospital 43 New Scotland Avenue Albany NY 12208 141338307 Hospital Services NY 501(c)(3) 3 N/A false false false true false false false false false true true true false false false true true true true Albany Medical Center South Campus p 1107682 Book Value Albany Medical Center South Campus o 180983 Book Value Albany Medical Center Kidskeller i 150108 Book Value