Overview
What is Albany Medical Center Group Organization?
Albany Medical Center Group Organization is a renowned academic health sciences center located unspecified in New York. The organization plays a pivotal role in educating future medical professionals, including medical students, physicians, biomedical students, and various other healthcare specialists. Their mission extends beyond the local region, aiming to address the future primary and specialty healthcare needs of the nation. Additionally, they foster research and innovation to advance medical knowledge and improve healthcare delivery.
Official website here: www.albanymed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Albany Medical Center Group Organization has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is derived entirely from its Accountability & Finance score, indicating a strong emphasis on financial transparency and governance practices. The organization has demonstrated a commitment to accountability with a majority of its board members being independent and a robust policy framework in place.
The strengths of Albany Medical Center Group include a solid program expense ratio of 86.18%, meaning a significant portion of its funds are directed towards programs rather than administrative costs. The absence of any material diversion of assets and the presence of comprehensive policies such as conflict of interest, whistleblower, and document retention showcase the organization's dedication to ethical practices. Additionally, the organization maintains a favorable liabilities to assets ratio of 48.89%, suggesting good financial health.
However, while the organization excels in accountability and finance, the overall rating is based solely on this aspect. This indicates that potential donors may want to seek further information regarding program effectiveness and impact, as these elements are not reflected in the current rating metrics. Overall, Albany Medical Center Group appears to be a financially sound organization with strong governance policies in place.
This AI summary has been generated from information found on Charity Navigator.
Is Albany Medical Center Group Organization legitimate?
Albany Medical Center Group Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albany Medical Center Group Organization 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: $17,823,977
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,238,248,941
For more financial information, click here
Official website here: www.albanymed.org
What is the mission statement of Albany Medical Center Group Organization?
The Albany Medical Center Group Organization functions as an academic health sciences center, dedicated to preparing the next generation of medical professionals, including medical students, physicians, biomedical students, and other healthcare specialists. By doing so, they aim to address the primary and specialized healthcare needs of both the local region and the nation in the future. Additionally, they foster research and innovation to advance medical knowledge and improve patient care.
Official website here: www.albanymed.org
Who is the CEO of Albany Medical Center Group Organization?
Dennis P Mckenna is the Principal Officer of Albany Medical Center Group Organization. The CEO's salary of Albany Medical Center Group Organization is $138,749 and their total compensation is $138,749.
Official website here: www.albanymed.org
What is the revenue of Albany Medical Center Group Organization?
Albany Medical Center Group Organization's revenue in 2022 was $2,804,293,485.
Official website here: www.albanymed.org
Who are the executives of Albany Medical Center Group Organization and what are their salaries?
The average compensation at Albany Medical Center Group Organization during 2022 was $69,133. There are 18169 employees and 891 volunteers at Albany Medical Center Group Organization.
Here are 157 key members and their salaries (Albany Medical Center Group Organization's CEO's salary is $138,749 and their total compensation is $138,749):
- Compensation: $0
- Related: $1,499,506
- Other: $291,831
- Compensation: $1,409,482
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- Other: $32,599
- Compensation: $0
- Related: $1,309,999
- Other: $74,928
- Compensation: $0
- Related: $1,119,966
- Other: $94,468
- Compensation: $961,660
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- Other: $140,189
- Compensation: $752,473
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- Other: $33,872
- Compensation: $661,154
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- Other: $36,620
- Compensation: $493,620
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- Other: $47,294
- Compensation: $469,063
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- Other: $55,782
- Compensation: $474,065
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- Other: $40,042
- Compensation: $439,102
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- Other: $30,438
- Compensation: $428,860
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- Other: $22,708
- Compensation: $403,439
- Related: $0
- Other: $33,612
- Compensation: $342,965
- Related: $0
- Other: $750
- Compensation: $327,635
- Related: $0
- Other: $13,321
- Compensation: $0
- Related: $313,154
- Other: $15,484
- Compensation: $317,887
- Related: $0
- Other: $7,288
- Compensation: $246,893
- Related: $0
- Other: $22,457
- Compensation: $232,252
- Related: $0
- Other: $26,108
- Compensation: $0
- Related: $248,072
- Other: $9,688
- Compensation: $0
- Related: $218,807
- Other: $23,809
- Compensation: $205,218
- Related: $0
- Other: $22,702
- Compensation: $0
- Related: $212,437
- Other: $2,927
- Compensation: $205,274
- Related: $0
- Other: $7,118
- Compensation: $199,197
- Related: $0
- Other: $11,365
- Compensation: $0
- Related: $189,950
- Other: $17,759
- Compensation: $171,231
- Related: $0
- Other: $1,410
- Compensation: $0
- Related: $151,497
- Other: $20,261
- Compensation: $0
- Related: $164,682
- Other: $360
- Compensation: $0
- Related: $161,750
- Other: $0
- Compensation: $151,471
- Related: $0
- Other: $0
- Compensation: $105,646
- Related: $0
- Other: $22,753
- Compensation: $108,680
- Related: $0
- Other: $10,422
- Compensation: $85,581
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- Other: $23,318
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- Other: $0
- Compensation: $0
- Related: $220,123
- Other: $1,142
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- Other: $0
- Compensation: $587,602
- Related: $0
- Other: $34,385
- Compensation: $425,863
- Related: $0
- Other: $18,912
- Compensation: $180,138
- Related: $0
- Other: $750
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,437,121
- Related: $0
- Other: $93,292
- Compensation: $1,062,687
- Related: $0
- Other: $36,526
- Compensation: $564,947
- Related: $0
- Other: $17,786
- Compensation: $496,837
- Related: $0
- Other: $37,208
- Compensation: $356,732
- Related: $0
- Other: $12,200
- Compensation: $318,300
- Related: $0
- Other: $19,789
- Compensation: $278,934
- Related: $0
- Other: $24,720
- Compensation: $261,832
- Related: $0
- Other: $23,898
- Compensation: $209,184
- Related: $0
- Other: $8,307
- Compensation: $166,829
- Related: $0
- Other: $40,235
- Compensation: $154,444
- Related: $0
- Other: $17,757
- Compensation: $1,084,783
- Related: $0
- Other: $27,542
- Compensation: $1,079,986
- Related: $0
- Other: $19,432
- Compensation: $962,820
- Related: $0
- Other: $32,182
- Compensation: $954,802
- Related: $0
- Other: $35,316
- Compensation: $937,580
- Related: $0
- Other: $32,529
- Compensation: $138,749
- Related: $0
- Other: $0
- Compensation: $115,147
- Related: $0
- Other: $16,209
- Compensation: $185,058
- Related: $0
- Other: $6,602
- Compensation: $181,078
- Related: $0
- Other: $0
Official website here: www.albanymed.org
Where can I find the form 990 for Albany Medical Center Group Organization?
Albany Medical Center Group Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.albanymed.org
Learn more at the official website: www.albanymed.org
Mission Statement of Albany Medical Center Group Organization
Albany Medical Center Group Organization, a renowned academic health sciences center, is dedicated to shaping the future of healthcare by educating medical students, physicians, biomedical students, and various healthcare professionals. This commitment extends to fulfilling both the primary and specialty healthcare requirements of the region and the nation.
Beyond education, Albany Medical Center Group Organization takes strides to foster innovation and advancement in the medical field. By cultivating a nurturing environment for learning, the organization equips future healthcare professionals with the necessary skills and knowledge to address the evolving needs of the healthcare industry. The organization's mission is rooted in its responsibility to serve as a vital resource for the ongoing development and improvement of healthcare services.
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Impact
October, 2024
Albany Medical Center Group Organization serves as a pivotal academic health sciences center in Albany, NY, significantly impacting the education and training of future healthcare professionals. Its commitment to developing medical students, physicians, and biomedical students equips the region and nation with skilled professionals capable of addressing both primary and specialty healthcare needs.
By focusing on the education and training of healthcare providers, Albany Medical Center not only enhances the quality of care available to the community but also plays a vital role in addressing healthcare disparities. The organization fosters a new generation of medical professionals who are prepared to innovate and adapt in an ever-evolving healthcare landscape.
Moreover, Albany Medical Center's efforts contribute to the broader health ecosystem through research and collaboration, ultimately aiming to improve patient outcomes and public health. Its impact extends beyond education, influencing community health initiatives, healthcare access, and the development of future healthcare policies.
This information is meant to be a general summary of Albany Medical Center Group Organization. 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: $27,382,716
- Program Service Revenue: $2,469,489,989
- Gross Receipts: $2,873,280,013
Assets and Liabilities:
- Total Assets: $2,565,327,023
- Total Liabilities: $1,254,262,954
- Net Assets: $1,311,064,069
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL SERVICES
Revenue
$2,182,926,861
MEDICARE/MEDICAID
Revenue
$218,201,543
INSTRUCTION
Revenue
$44,887,172
MEDICAL HOME PROJECT
Revenue
$8,320,693
HOSPITAL LAB SERVICES
Revenue
$3,430,049
Organization Details
Phone
(518) 262-5585Principal Officer
Dennis P Mckenna
Main Address
47 NEW SCOTLAND AVE MC116, ALBANY, NY, 12208
Website
www.albanymed.orgNTEE Category
Code: E31 - Health
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