NonprofitsAlbany Med Health System

Health Care

Albany Med Health System

ALBANY, NY

Total revenue

$316.0M

Total expenses

$312.5M

Net assets

$40.9M

Grants received

$2.8M

21 grants

EIN

141641730

Tax year

2024

Mission

An academic health sciences system whose responsibilities are to provide a broad range of patient services to the people of eastern new york and western new england.

Programs

3 programs

Other administrative support services: the albany med health system coordinates planning, financial, information and policy direction for our affiliated exempt organizations.

Expenses: $64.8M

Pharmacy services: the pharmacy earns revenue and incurs expenses for filling scripts, specialty, non-specialty and non-340b eligible, primarily for amc patients and employees.

Expenses: $55.4M

Building operations: cost of maintenance and repairs to buildings for use by albany med health system.financial management: centralized corporate finance related operations for the albany med health system.materials management: centralized supply related operations for the albany med health system.

Expenses: $104.0M

Financials

FY 2024

Revenue

Contributions & grants$101K
Program service revenue$312.3M
Investment income$2.4M
Other revenue$1.2M
Total revenue$316.0M

Expenses

Grants paid
Salaries & benefits$139.8M
Fundraising
Other expenses$172.6M
Total expenses$312.5M
Total assets$513.8M
Net assets$40.9M

People

42 listed

NameRoleCompensation

DENNIS P MCKENNA MD

PRESIDENT & CEO

Board

$2.1M

8 hrs/wk

FRANCES S ALBERT

SR.EVP, COO & CFO

Board

$1.3M

6 hrs/wk

ANTHONY DURANTE

BOARD MEMBER

Board

2 hrs/wk

MARGARET GILLIS

BOARD MEMBER

Board

2 hrs/wk

RUTH MAHONEY

BOARD MEMBER

Board

2 hrs/wk

THERESA SKAINE

BOARD MEMBER

Board

2 hrs/wk

SUJATA CHAUDHRY

BOARD MEMBER

Board

2 hrs/wk

JAMES CULLUM

BOARD MEMBER

Board

2 hrs/wk

DAVID GOLUB

BOARD MEMBER (UNTIL 3/6/2024)

Board

2 hrs/wk

JAMES O JACKSON PHD

BOARD MEMBER (UNTIL 6/25/2024)

Board

2 hrs/wk

GLENDA KELMAN

BOARD MEMBER

Board

2 hrs/wk

CAROL KIM PHD

BOARD MEMBER

Board

2 hrs/wk

KIRK KNELLER

BOARD MEMBER

Board

2 hrs/wk

MORRIS MASSRY

BOARD MEMBER

Board

2 hrs/wk

LISA MOSER

BOARD MEMBER

Board

2 hrs/wk

LILLIAN MOY ESQ

BOARD MEMBER

Board

2 hrs/wk

MARIANNE MUSTAFA MD

BOARD MEMBER

Board

2 hrs/wk

JOHN J NIGRO

BOARD MEMBER

Board

2 hrs/wk

JOHN B O'CONNOR

BOARD MEMBER

Board

2 hrs/wk

DANIEL T PICKETT III

BOARD MEMBER

Board

2 hrs/wk

CAROLYN STEFANCO PHD

BOARD MEMBER

Board

2 hrs/wk

TODD M TIDGEWELL

BOARD MEMBER

Board

2 hrs/wk

HEATHER WARD

BOARD MEMBER

Board

2 hrs/wk

CANDACE KING WEIR

BOARD MEMBER

Board

2 hrs/wk

JANICE WHITE EDD

BOARD MEMBER

Board

2 hrs/wk

ELIZABETH WOOD

BOARD MEMBER

Board

2 hrs/wk

STEVEN M PARNES MD

BOARD MEMBER

Board

2 hrs/wk

RAIMUNDO C ARCHIBOLD JR

BOARD MEMBER

Board

2 hrs/wk

DOUGLAS M HAMLIN

BOARD MEMBER

Board

2 hrs/wk

JEFFREY STONE

BOARD MEMBER

Board

2 hrs/wk

MARY GAIL BIEBEL

BOARD MEMBER

Board

2 hrs/wk

ROBERT T CUSHING

BOARD MEMBER

Board

2 hrs/wk

SHARON DUKER

BOARD MEMBER

Board

2 hrs/wk

MATTHEW C JONES

EVP & GENERAL COUNSEL

Staff

$843K

26 hrs/wk

KRISTOPHER P KUSCHE

SVP & CIO

Staff

$677K

40 hrs/wk

VICTOR BECKER

SVP & CHIO

Staff

$605K

40 hrs/wk

SANDRA J CASTILLA

VP HUMAN RESOURCES

Staff

$459K

40 hrs/wk

MICHELE SKUMURSKI

SVP FINANCE

Staff

$400K

40 hrs/wk

SHELLY A BRETON

VP REVENUE CYCLE SERVICES

Staff

$400K

40 hrs/wk

ALAN S BOULOS MD

EVP & DEAN ALB MED COL

Staff

1 hrs/wk

JASON MOUZAKES MD

EVP HOSP GEN DIRECTOR

Staff

1 hrs/wk

PETER PAIGE MD

FMR EVP AMHS & HOSP. GEN. DIR.

Staff

1 hrs/wk

Independent contractors

HEALTHTRUST WORKFORCE SOLUTIONS

STAFFING SOLUTIONS

$71.8M

EPIC SYSTEMS CORPORATION

IT SUPPORT SERVICES

$22.8M

ARAMARK HEALTHCARE

ENVIRONMENTAL SERVICES

$20.8M

SHIELDS HEALTH SOLUTIONS

MEDICAL SERVICES

$15.6M

LABORATORY CORPORATION OF AMERICA

DIAGNOSTIC TESTING SERVICES

$9.9M

Grants received

Showing 21 of 21

FromAmountPurposeYear
$28K
EQUIPMENT/TECHNOLOGY
2024
$303K
EQUIPMENT/TECHNOLOGY
2023
$27K
SUPPORT ALBANY MEDICAL COLLEGE STUDENT CLUBS AND ACTIVITIES AND STIPENDS.
2023
$1.2M
EQUIPMENT/TECHNOLOGY
2022
$105K
PROGRAM SUPPORT
2022
$21K
SUPPORT ALBANY MEDICAL COLLEGE STUDENT CLUBS AND ACTIVITIES AND STIPENDS.
2022
$183K
PROGRAM SUPPORT
2021
$190K
PROGRAM SUPPORT
2020
$18K
SUPPORT ALBANY MEDICAL COLLEGE STUDENT CLUBS AND ACTIVITIES AND STIPENDS.
2020
$3K
2021 GALA SUPPORT
2020
$69K
PROGRAM SUPPORT
2019
$35K
COMMUNITY SERVICES
2019
$20K
RESEARCH
2019
$42K
SUPPORT ALBANY MEDICAL COLLEGE STUDENT CLUBS AND ACTIVITIES AND STIPENDS.
2018
$32K
COMMUNITY SERVICES
2018
$37K
SUBCONTRACT
2017

Funded by

$2.8M from 10 funders · 21 grants · 2017–2024

Albany Medical Center Group

$1.6M · 3 grants · 2022–2024

Thomas Jefferson University

$546K · 4 grants · 2019–2022

Worcester Polytechnic Institute

$430K · 3 grants · 2019–2021

Albany Medical College Alumni Assoc Inc

$107K · 4 grants · 2018–2023

Huntington's Disease Society

$67K · 2 grants · 2018–2019

Emory University

$37K · 1 grant · 2017

The Ehe Foundation

$20K · 1 grant · 2019

Details

EIN141641730
NTEE codeE21
Subsection03
Ruling date2014-03
Formed1982
Employees1871
Volunteers36
ALBANY MED HEALTH SYSTEM — Mission, Financials & Grants Received | Grantivo