Albany Med Health System
81% goes to programs $0 to raise $100
Albany Med Health System is a 501(c)(3) organization based in Albany, New York, registered in 2014, with $773,245,082 in FY2013 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
43 New Scotland Avenue Mc116, Albany, NY, 12208 EIN 14-1338307 Since 2014
Revenue (FY2013)
$773.2M
Health median: $840K
Expenses (FY2013)
$747.0M
Net assets
$330.7M
Employees
5,633
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating81% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Albany Med Health System: 81% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Albany Med Health System: 5 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Albany Med Health System: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Albany Med Health System: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
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.
What they do
Diagnostic and testing services - inpatient and outpatient services including diagnostic imaging, radiation therapy and cardiac catheterization.d/t billing units = 7,767,160 cardiac cath units = 201,804
Operating and recovery room - inpatient and outpatient operating room services including open heart program, transplant services and specialized trauma services. billing units = 406,714
Contact & location
- Address
- 43 New Scotland Avenue Mc116, Albany, NY, 12208
- City
- Albany
- State
- New York
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Financial snapshot
Financial health & position (FY2013)
Liabilities $563.9MNet assets $330.7M
Operating margin
3.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$894.6M
Total liabilities
$563.9M
Net assets
$330.7M
Salaries & benefits
$287.6M
39% of expenses
Board members
25
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2013 | $773,245,082 | $746,954,808▲4.1% | $330,707,820▲23.7% | $894,643,929▲18.3% | 990 |
| 2012 | — | $717,276,217▲5.9% | $267,400,055▲24.4% | $755,958,550▲29.1% | 990 |
| 2011 | — | $677,599,924▲8.1% | $214,957,721▲12.3% | $585,709,295▲2.7% | 990 |
| 2010 | — | $626,702,501 | $191,374,072 | $570,494,522 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2013)
Highest-paid: Dennis Mckenna — $420,624 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dennis Mckenna | Medical Director | 40 | $420,624 |
| Bernadette Pedlow | Svp and Hosp. Coo | 40 | $324,344 |
| Mary Ellen Plass | Cno | 40 | $277,270 |
| Thomas Rosano | Dir. Patient Care | 40 | $256,677 |
| Louis Filhour | Svp Clinic Quality | 40 | $254,994 |
| Steven M Frisch | Evp-hosp Dir. | 27 | $158,476 |
| Candace King Weir | Board Member | 2 | — |
| Daniel T Pickett III | Board Member | 2 | — |
| David Golub | Board Member | 2 | — |
| Doug Hamlin | Vice Chair | 2 | — |
| Gary J Kochem | Evp & Coo | 10 | — |
| James J Barba | President & Ceo | 10 | — |
| James O Jackson | Mbr Thru 6/2013 | 2 | — |
| Janice Smith | Board Member | 2 | — |
| Jeffrey Sperry | Board Member | 2 | — |
| Jeffrey Stone | Vice Chair | 2 | — |
| John B O'connor | Board Member | 2 | — |
| John B Robinson Jr | Board Member | 2 | — |
| John J Nigro | Board Member | 2 | — |
| Joyce M Defazio | Board Member | 2 | — |
Grants received · $37.1M total
31 grants to Albany Med Health System totaling $37.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Albany Med Health System a legitimate nonprofit?
- Yes. Albany Med Health System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 14-1338307, based in Albany, New York. Donations are tax-deductible.
- What is Albany Med Health System's EIN?
- Albany Med Health System's Employer Identification Number (EIN) is 14-1338307.
- How much revenue does Albany Med Health System report?
- Albany Med Health System reported $773,245,082 in total revenue on its fiscal year 2013 IRS Form 990 filing.
- How much of Albany Med Health System's spending goes to programs?
- Albany Med Health System spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Albany Med Health System have?
- CharityIndex grades Albany Med Health System A, based on program efficiency and fundraising cost.
- How much does Albany Med Health System's highest-paid employee make?
- The highest reported compensation on Albany Med Health System's latest Form 990 is $420,624, paid to Dennis Mckenna (Medical Director).
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Data for Albany Med Health System (EIN 14-1338307) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.