Overview
What is Albany Medical College Alumni Assoc Inc?
Albany Medical College Alumni Assoc Inc is an independent, non-profit organization established to foster lasting connections among its alumni, current students, and faculty. Based in Albany, New York, the association provides scholarships and awards to medical students to aid them in their education, demonstrating its commitment to supporting the academic growth of future healthcare professionals. To further strengthen this support network, the organization offers information and assistance to its members, ensuring they remain engaged and informed throughout their careers. The Albany Medical College Alumni Assoc Inc serves as a dedicated partner to Albany Medical College, promoting and advancing its mission by offering various programs and services.
Official website here: www.engage.amc.edu/alumni
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating. This high score reflects the Albany Medical College Alumni Association Inc's strong commitment to accountability and financial health. The organization has demonstrated excellence across multiple metrics, showcasing a robust governance structure with an entirely independent board and effective policies in place.
The organization scored full points in key areas, such as having a conflict of interest policy, whistleblower policy, and a clear document retention procedure. These attributes highlight the Association's dedication to transparency and ethical practices. Additionally, the fiscal responsibility is evident in its low liabilities to assets ratio, indicating a strong financial position.
While the program expense ratio stands at 69.03%, which is quite effective, it suggests that there may be room for improvement in allocating resources directly towards program services. Overall, the Albany Medical College Alumni Association Inc is recognized for its strong governance and financial practices, contributing positively to its mission and the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Albany Medical College Alumni Assoc Inc legitimate?
Albany Medical College Alumni Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albany Medical College Alumni Assoc Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $233,541
For more financial information, click here
Official website here: www.engage.amc.edu/alumni
What is the mission statement of Albany Medical College Alumni Assoc Inc?
The Albany Medical College Alumni Association, as an independent non-profit organization, is dedicated to fostering lifelong relationships among its alumni, current students, and faculty. The association supports and advances the mission of Albany Medical College by offering various programs and services. One of its key activities is providing scholarships and awards to medical students to assist them in their education. The mission of Albany Medical College Alumni Assoc Inc is to establish and maintain a supportive network, offering resources and assistance to its members throughout their professional lives.
Official website here: www.engage.amc.edu/alumni
Who is the CEO of Albany Medical College Alumni Assoc Inc?
Sandra Dinoto is the Director of Albany Medical College Alumni Assoc Inc.
Official website here: www.engage.amc.edu/alumni
What is the revenue of Albany Medical College Alumni Assoc Inc?
Albany Medical College Alumni Assoc Inc's revenue in 2022 was -$115,375.
Official website here: www.engage.amc.edu/alumni
Who are the executives of Albany Medical College Alumni Assoc Inc and what are their salaries?
There 30 volunteers at Albany Medical College Alumni Assoc Inc.
Here are 21 key members and their salaries:
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Official website here: www.engage.amc.edu/alumni
Where can I find the form 990 for Albany Medical College Alumni Assoc Inc?
Albany Medical College Alumni Assoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.engage.amc.edu/alumni
Learn more at the official website: www.engage.amc.edu/alumni
Mission Statement of Albany Medical College Alumni Assoc Inc
Albany Medical College Alumni Association, a non-profit organization, is dedicated to fostering enduring connections and mutual support among its alumni, current students, and faculty. As a committed partner of Albany Medical College, the association's mission is to enhance and uphold the college's mission by offering programs and services tailored for its alumni, faculty, and students. One of its key initiatives is providing scholarships and awards to medical students, aiming to assist them financially during their medical education. By doing so, Albany Medical College Alumni Association contributes to the nurturing of well-rounded medical professionals, thereby strengthening the medical community as a whole.
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Impact
October, 2024
Albany Medical College Alumni Association Inc plays a critical role in fostering connections among current and future alumni while supporting medical education. By providing scholarships and awards, they alleviate financial burdens on medical students, allowing them to focus on their studies and training. The association facilitates lifelong relationships, enhancing collaboration and engagement within the medical community. Through its dedicated programs and services, it strengthens the support network for alumni, faculty, and students, thereby advancing the mission of Albany Medical College and contributing to the overall quality of medical education.
This information is meant to be a general summary of Albany Medical College Alumni Assoc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$283,243
- Gross Receipts: $4,700,259
Assets and Liabilities:
- Total Assets: $6,048,971
- Total Liabilities: $11,518
- Net Assets: $6,037,453
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Organization Details
Founding Year
1960
Phone
(518) 262-5867Principal Officer
Sandra Dinoto
Main Address
47 NEW SCOTLAND AVE MC-5, ALBANY, NY, 12208
Website
www.engage.amc.edu/alumniNTEE Category
Code: B54I - Education
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