Albany Med Health System
Albany Med Health System shows consistent revenue growth and surpluses, but lacks transparency on executive compensation.
EIN: 141338307 · Albany, NY · NTEE: E21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $747.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $700 |
| Net Assets | $330.7M |
| Transparency Score | 65/100 |
Is Albany Med Health System Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Albany Med Health System directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Albany Med Health System
Albany Med Health System (EIN: 141338307) is a nonprofit organization based in Albany, NY, classified under NTEE code E21. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albany Med Health System's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albany Med Health System is a major nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $773.2M |
| Total Expenses | $747.0M |
| Surplus / Deficit | +$26.3M |
| Total Assets | $894.6M |
| Total Liabilities | $563.9M |
| Net Assets | $330.7M |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 63.0% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2013, Albany Med Health System reported a surplus of $26.3M with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 63.0% (high leverage).
Financial Trends
Over 3 years of filings (2011–2013), Albany Med Health System's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | +1.4% | +4.1% | +18.3% |
| 2012 | +7.2% | +5.9% | +29.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Albany Med Health System with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Albany Med Health System allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 63.0%.
Executive Compensation Analysis
The reported 0% officer compensation across all three years is highly unusual for an organization with revenues exceeding $700 million annually and raises significant transparency concerns, making it impossible to analyze executive compensation relative to the organization's size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Albany Med Health System's IRS 990 filings:
- Unexplained 0% officer compensation reported across all filings, raising significant transparency concerns.
- Lack of detailed breakdown for program, administrative, and fundraising expenses in the provided summary data, making precise efficiency calculations difficult.
Strengths
The following positive indicators were identified for Albany Med Health System:
- Consistent revenue growth year-over-year, from $711.5 million in 2011 to $773.2 million in 2013.
- Consistent generation of financial surpluses, indicating sound financial management (e.g., $26.3 million surplus in 2013).
- Significant growth in assets, nearly doubling from $585.7 million in 2011 to $894.6 million in 2013.
- Assets consistently exceed liabilities, indicating a healthy balance sheet and strong financial position.
Frequently Asked Questions about Albany Med Health System
Is Albany Med Health System a legitimate charity?
Albany Med Health System (EIN: 141338307) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 3 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Albany Med Health System spend its money?
Albany Med Health System directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Albany Med Health System tax-deductible?
Albany Med Health System is registered as a tax-exempt nonprofit (EIN: 141338307). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Albany Med Health System CEO make?
Albany Med Health System's highest-compensated officer earns $700 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Albany Med Health System's spending goes to programs?
Albany Med Health System directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Albany Med Health System compare to similar nonprofits?
With a transparency score of 65/100 (Good), Albany Med Health System is above average for NTEE category E21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Albany Med Health System located?
Albany Med Health System is headquartered in Albany, New York and files with the IRS under EIN 141338307. It is classified under NTEE code E21.
How many years of IRS 990 filings does Albany Med Health System have?
Albany Med Health System has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Why is officer compensation reported as 0% across all filings?
The IRS 990 filings for Albany Med Health System consistently report 0% for officer compensation from 2011 to 2013. This is highly atypical for an organization of its scale and revenue, suggesting a potential reporting error, a unique compensation structure not captured by this specific metric, or a lack of detailed disclosure in the provided data. Further investigation into their full 990 forms would be necessary to understand this anomaly.
Is Albany Med Health System financially stable?
Yes, Albany Med Health System appears financially stable. Over the three-year period, revenues consistently exceeded expenses, resulting in surpluses (e.g., $26.3 million in 2013). Assets also grew significantly, from $585.7 million in 2011 to $894.6 million in 2013, consistently outweighing liabilities.
How has Albany Med Health System's asset base changed?
Albany Med Health System's asset base has grown substantially, nearly doubling from $585,709,295 in 2011 to $894,643,929 in 2013, indicating significant growth in its resource base.
Filing History
IRS 990 filing history for Albany Med Health System showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Albany Med Health System's revenue has grown by 8.7%, moving from $711.5M to $773.2M. Total assets increased by 52.7% over the same period, from $585.7M to $894.6M. Total functional expenses rose by 10.2%, from $677.6M to $747.0M. In its most recent filing year (2013), Albany Med Health System reported a surplus of $26.3M, with revenue exceeding expenses. The organization holds $563.9M in liabilities against $894.6M in assets (debt-to-asset ratio: 63.0%), resulting in net assets of $330.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $773.2M | $747.0M | $894.6M | $563.9M | — | View 990 |
| 2012 | $762.4M | $717.3M | $756.0M | $488.6M | — | View 990 |
| 2011 | $711.5M | $677.6M | $585.7M | $370.8M | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $773.2M, expenses of $747.0M, and assets of $894.6M (revenue +1.4% year-over-year).
- 2012: Revenue of $762.4M, expenses of $717.3M, and assets of $756.0M (revenue +7.2% year-over-year).
- 2011: Revenue of $711.5M, expenses of $677.6M, and assets of $585.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albany Med Health System:
Data Sources and Methodology
This transparency report for Albany Med Health System is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.