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Albany Medical Center Group Organization

Public charity
DBA: % FRANCES S ALBERT CPA
Other · ALBANY, NY · EIN 47-3869194

About

Organization's mission: 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 will continue to 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 service. We will be a leader in developing an innovative health care delivery system and educational consortium that responds to the needs of the community. We will sustain a working and learning environment that fosters teamwork and commitment to shared values and goals. Through sound fiscal management, we will be ABLE to enhance our programs to be on the forefront of medical knowledge and innovative patient care.

In care of Frances S Albert CPA

Donations are tax-deductible
Category
Other
Employees
19,199
Volunteers
831

Financial Snapshot

FY ending 2024-12-31
Revenue
$3.3B
Expenses
$3.2B
Assets
$2.7B
Liabilities
$1.4B

Financial history

$3.3B$1.6B$0
161718192021222324
RevenueExpenses
Latest FY2024: $3.3B · Avg: $2.2B

Foreign activity (Schedule F)

Total spent abroad$1.6M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN

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
$135K
Grants Given
$17K
ALBANY MEDICAL CENTER GROUP ORGANIZATION
Your actions

Address

47 New Scotland AVE Mc116
Albany, NY, 12208-341

Governance

Voting board members138
Independent members98
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

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

Financial detail (Schedule D)

Board-designated %20.8%
Permanent endowment %78.8%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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