Albany Med Health System
92% goes to programs $10 to raise $100 Strong reserves Growing revenue
Albany Med Health System is a 501(c)(3) organization based in Saratoga Spgs, New York, registered in 2014, with $338,787,899 in FY2017 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
211 Church St, Saratoga Spgs, NY, 12866 EIN 14-1338547 Since 2014
Revenue (FY2017)
$338.8M
▲ 12.1% vs prior year
Health median: $840K
Expenses (FY2017)
$310.0M
Net assets
$266.5M
Employees
2,942
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 rating92% to programs · $10 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: 92% to programs · $10 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +8% 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: 10 mo reserves · +8% 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 →
BTransparency10% of the rating3 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: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To serve the people of the saratoga region by providing them access to excellence in healthcare in a supportive and caring environment.
Contact & location
- Address
- 211 Church St, Saratoga Spgs, NY, 12866
- City
- Saratoga Spgs
- State
- New York
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $238.1M (FY2013) to $338.8M (FY2017) across 5 reported years.
Financial snapshot
Financial health & position (FY2017)
Liabilities $114.4MNet assets $266.5M
Operating margin
8.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$380.8M
Total liabilities
$114.4M
Net assets
$266.5M
Salaries & benefits
$175.1M
56% of expenses
Board members
18
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2017 | $338,787,899▲12.1% | $310,011,718▲8.1% | $266,464,724▲21.0% | $380,815,690▲14.1% | 990 |
| 2016 | $302,126,369▲7.4% | $286,734,529▲8.0% | $220,195,801▲8.8% | $333,862,072▲4.5% | 990 |
| 2015 | $281,234,395▲5.0% | $265,531,701▲6.7% | $202,478,848▲8.2% | $319,478,338▲5.4% | 990 |
| 2014 | $267,830,243▲12.5% | $248,818,925▲9.8% | $187,138,407▲12.2% | $303,227,947▲15.6% | 990 |
| 2013 | $238,066,241 | $226,540,248▲7.3% | $166,818,020▲10.8% | $262,256,473▲3.7% | 990 |
| 2012 | — | $211,165,986▲5.9% | $150,499,422▲16.0% | $252,807,558▲10.1% | 990 |
| 2011 | — | $199,460,030▲7.1% | $129,706,188▲12.1% | $229,584,486▲7.4% | 990 |
| 2010 | — | $186,238,342 | $115,658,650 | $213,762,195 | 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 (FY2017)
Highest-paid: Gordan Kuhar — $1,090,997 (0.35% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gordan Kuhar | Physician | 38 | $1,090,997 |
| Gary Idelchik | Physician | 38 | $956,424 |
| Angelo G Calbone | President/ceo | 38 | $826,619 |
| Amy Hogan-moulton | Physician | 38 | $646,059 |
| Dmitri Baranov | Physician | 38 | $632,134 |
| Rachid Daoui | Physician | 38 | $622,854 |
| Richard Falivena | Vp Chief Medical and Physician Integration Officer | 38 | $541,772 |
| Mary Jo Laposta | Svp Patient Care and Organizational Excellence and Chief Nursing Officer | 38 | $409,061 |
| Gary Foster | Vp & Cfo | 38 | $373,668 |
| Jeffrey Methven | Vp Ambulatory Serv &hr | 38 | $324,094 |
| John Mangona | Vp Chief Information and Compliance Officer | 38 | $303,993 |
| Kevin Ronayne | Vp Operations/facilities | 38 | $300,152 |
| Alan C Oppenheim | Board Member | 2.5 | — |
| Christel Maclean | Board Member | 2.5 | — |
| Dennis A Brobston | Board Member | 2.5 | — |
| Donna Montalto | Board Member | 2.5 | — |
| Frank L Messa | Board Member | 25 | — |
| George E Silver Md | Board Member | 2.5 | — |
| Heather Ward | Board Member | 2.5 | — |
| Janice M White | Board Memeber | 2.5 | — |
Top vendors & contractors (FY2017)
| Contractor | Services | Paid |
|---|---|---|
| Saratoga Emergency Physicians PC | Physicians | $3,164,571 |
| Strategic Solutions | Medical Billing | $2,533,331 |
| Aow Associates Inc | Construction | $2,483,621 |
| Laboratory Corp of America | Medical Laboratory Testing | $2,379,070 |
| Clarus Linen Systems | Linen and Laundry Service | $717,786 |
Grants received · $7.7M total
14 grants to Albany Med Health System totaling $7.7M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Albany Medical Center Group Organization | Support saratoga hospital | 2024 | $437,976 |
| American Cancer Society Inc | Patient support | 2024 | $10,000 |
| Albany Medical Center Group Organization | Support columbia memorial hospital | 2023 | $570,046 |
| American Cancer Society Inc | Patient support | 2023 | $10,000 |
| Albany Medical Center Group Organization | Support saratoga hospital | 2022 | $1,870,565 |
| Albany Medical Center Group Organization | Support saratoga hospital | 2021 | $4,375,195 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $12,850 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $12,850 |
| Albany Medical Center Group Organization | Support saratoga hospital | 2020 | $254,149 |
| Capital District Physicians Health Plan Inc | Ppe, food, housing and emergency aid assistance | 2020 | $100,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2017 | $50,000 |
| Donor Advised Charitable Giving | Health & human services | 2017 | $12,500 |
| Patient Access Network Foundation | Patient assistance | 2015 | $9,857 |
| Skidmore College | Pledge contribution | 2014 | $16,666 |
Grants made · $125K in FY2017
2 grants totaling $125K in FY2017. All grants made by Albany Med Health System →
| Recipient | Purpose | Amount |
|---|---|---|
| Albany Med Health System | Puerto rico hurricane disaster relief fund. | $100,000 |
| Saratoga Economic Development Corporation | Economic development | $25,000 |
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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 14-1338547, based in Saratoga Spgs, New York. Donations are tax-deductible.
- What is Albany Med Health System's EIN?
- Albany Med Health System's Employer Identification Number (EIN) is 14-1338547.
- How much revenue does Albany Med Health System report?
- Albany Med Health System reported $338,787,899 in total revenue on its fiscal year 2017 IRS Form 990 filing.
- How much of Albany Med Health System's spending goes to programs?
- Albany Med Health System spends about 92% 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 $1,090,997, paid to Gordan Kuhar (Physician).
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Data for Albany Med Health System (EIN 14-1338547) 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.