Albany Medical Center Group Organization
Albany Medical Center Group Organization reported $3.28 billion in revenue and $3.23 billion in expenses for calendar year 2024. Of every $100 it spent, $86.50 went to program services, $13.35 to management and general costs and $0.15 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.2% of the total. The highest compensation it reported for one person was $2,495,953 (PRES/CEO(AMCH),BD MEM(AMCH,AMCF,COL,CMH,GFH,SH)). 3,623 people received more than $100,000 in reportable compensation. Revenue rose 54% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $3.23BFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $3.28BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.5% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.3% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.08 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.9% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.9% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 87.2% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,495,953 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.08% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 3,623 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 5.1 | 6.6 |
| Independent voting board members Part VI 1a–1b | 98 of 138 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseInpatient and outpatient services - provision of inpatient and outpatient services including specialized nursing services and emergency room. 2024 experienced over 957,000 patient visits and over 389,000 patient days
Faculty practice - faculty practice Albany Medical Center operates a clinical practice activity (patient care) for the faculty of the Albany Medical college. 2024 experienced over 712,000 patient visits
Diagnostic and testing services - inpatient and outpatient services including diagnostic imaging, radiation therapy and cardiac catheterization. In 2024 professional services totaled 218,648 patient visits
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRES/CEO(AMCH),BD MEM(AMCH,AMCF,COL,CMH,GFH,SH) Director/trustee, officer, 50.00 hrs/week | $0 | $2,094,344 | $401,609 | $2,495,953 |
| ASSOC PROFESSOR/CLIN (COL) Highest compensated employee, 40.00 hrs/week | $1,565,502 | $0 | $50,853 | $1,616,355 |
| EVP & DEAN ALB MED COL (COL) Key employee, 39.00 hrs/week | $1,384,383 | $0 | $151,856 | $1,536,239 |
| SR EVP, COO & CFO(AMHS), BD MEM(AVN,VNA,VNF) Director/trustee, officer, 34.00 hrs/week | $0 | $1,306,913 | $119,083 | $1,425,996 |
| PROFESSOR/CLIN (COL) Highest compensated employee, 40.00 hrs/week | $1,285,267 | $0 | $51,043 | $1,336,310 |
| ASSOC PROFESSOR/CLIN (COL) Highest compensated employee, 40.00 hrs/week | $1,241,687 | $0 | $46,177 | $1,287,864 |
| PHYSICIAN (SH) Highest compensated employee, 38.00 hrs/week | $1,122,451 | $0 | $24,891 | $1,147,342 |
| DEPARTMENT CHAIR (COL) Highest compensated employee, 40.00 hrs/week | $1,096,131 | $0 | $51,206 | $1,147,337 |
3,623 people received more than $100,000 in reportable compensation from Albany Medical Center Group Organization (Part VII, line 2). Compensation of current officers, directors and key employees totaled $16M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b138 · 98 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 519,199
- Volunteers Part I, line 6831
Private foundation grants it received
1 private foundation reported grants to Albany Medical Center Group Organization totaling $228K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Albany Medical Center Group Organization's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Albany Medical Center Group Organization, you can publish a response that is linked from this page.
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Of every $100 Albany Medical Center Group Organization spent in 2024, $86.50 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Albany Medical Center Group Organization's spending goes to programs?
In calendar year 2024, Albany Medical Center Group Organization reported that 86.5% of its $3.23 billion in expenses went to program services, 13.3% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does Albany Medical Center Group Organization pay its top executive?
The largest total compensation Albany Medical Center Group Organization reported for one person in calendar year 2024 was $2,495,953, for the role of PRES/CEO(AMCH),BD MEM(AMCH,AMCF,COL,CMH,GFH,SH) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Albany Medical Center Group Organization get its money?
Of $3.28 billion in revenue in calendar year 2024, 1.9% came from contributions and grants (including 0.9% from government grants) and 87.2% from program service revenue (Form 990, Part VIII).
Is Albany Medical Center Group Organization a registered charity?
The IRS lists EIN 47-3869194 as a 501(c)(3) organization (supporting organization, type ii), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523179349305497 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443259349300539 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303199349310745 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203159349303000 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133169349310998 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013189349311551 · read the filing
All filings for EIN 47-3869194: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.