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Albany MED Health System

Public charityFed auditsIRS 990
Other · ALBANY, NY · EIN 14-1641730

About

An academic health sciences system 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 will continue to develop as a nationally recognized academic health science system. 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 service.

Donations are tax-deductible
Category
Other
Employees
1,828
Volunteers
36

Financial Snapshot

FY ending 2022-12-31
Revenue
$249.6M
Expenses
$245.7M
Assets
$349.9M
Liabilities
$316.2M

Financial history

$249.6M$124.8M$0
16171819202122
RevenueExpenses
Latest FY2022: $249.6M · Avg: $195.5M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$74K
Grants Given
ALBANY MED HEALTH SYSTEM
Your actions

Address

43 New Scotland AVE
Albany, NY, 12208-341

Governance

Voting board members34
Independent members31
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %100.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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