MEMORIAL HOSPITAL ALBANY NY Charity Report

Public IRS 990 nonprofit record

MEMORIAL HOSPITAL ALBANY NY

EIN 14-1338457 · Textile MillsT

What they do

WE, ST. PETERS HEALTH PARTNERS and TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT of THE GOSPEL AS A COMPASSIONATE and TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES. FOUNDED IN COMMUNITY-BASED LEGACIES of COMPASSIONATE HEALING, WE PROVIDE THE HIGHEST QUALITY COMPREHENSIVE CONTINUUM of INTEGRATED HEALTH CARE, SUPPORTIVE HOUSING and COMMUNITY SERVICES, ESPECIALLY for THE NEEDY and VULNERABLE. ALBANY MEMORIAL HOSPITAL is A MEMBER of ST. PETERS HEALTH PARTNERS and TRINITY HEALTH.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

97.68%of revenue went to mission work96.9% of expenses · Program services

$100.83spent for every $100 of revenueSpending was higher than revenue this year.

3.15%of revenue went to management and office costs3.1% of expenses

0.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $369,579 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $484,690 for KEVIN KING MD (PHYSICIAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$44,731,508

Mission workProgram services$43,693,68997.68% of revenue96.9% of expenses

ManagementOffice and general costs$1,407,3983.15% of revenue3.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$45,101,087100.83% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2019CurrentExpense mix: 96.9% mission · 3.1% management · 0.0% fundraisingTotal expenses: 100.83% of revenue

2018Expense mix: 95.6% mission · 4.4% management · 0.0% fundraisingTotal expenses: 94.75% of revenue

2017Expense mix: 94.8% mission · 5.2% management · 0.0% fundraisingTotal expenses: 91.96% of revenue

2016Expense mix: 93.3% mission · 6.7% management · 0.0% fundraisingTotal expenses: 94.14% of revenue

2015Expense mix: 93.5% mission · 6.5% management · 0.0% fundraisingTotal expenses: 100.48% of revenue

Money in and money out

Revenue$44,731,508

Expenses$45,101,087

Annual shortfall $369,579 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$43,693,689 · 96.9% of expenses

Management and office costs$1,407,398 · 3.1% of expenses

See all reported dollar amounts

Revenue$44,731,508

Expenses$45,101,087

Income$101,241,422

Contributions$51,378

Mission work (program services)$43,693,689

Management and general$1,407,398

Executive compensation (total)$420,181

Stocks and bonds$16,991,243

Accounting fees$5,130

Investing fees$20,695

People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KEVIN KING MDPHYSICIAN · 50 hrs/week $484,690Base $451,177 · Other $33,513

DARRYL ALIGGAYU MDPHYSICIAN · 50 hrs/week $445,950Base $408,276 · Other $37,674

TIMOTHY DERENZO MDPHYSICIAN · 50 hrs/week $429,950Base $393,052 · Other $36,898

PRIYANGIKA PATHIRANA MDPHYSICIAN · 50 hrs/week $414,839Base $372,838 · Other $42,001

CHRYSTAL PRICE DOPHYSICIAN · 50 hrs/week $381,614Base $349,750 · Other $31,864

DANIEL ROTH MDDIRECTOR; TRINITY EVP CHIEF CLIN OFF · 1 hrs/week $259,367Base · Other $259,367

THOMAS ROBERTSPHP VP, CFO & TREASURER · 1 hrs/week $125,895Base · Other $125,895

STEVEN HANKS MDFORMER KE; SPHP CHIEF CLINICAL OFF $116,923Base · Other $116,923

JAMES REED MDDIRECTOR; PRESIDENT & CEO · 1 hrs/week $90,890Base · Other $90,890

JOHN FILIPPONE MDDIRECTOR; PHYSICIAN · 1 hrs/week $46,664Base · Other $46,664

MICHAEL FINEGANPRESIDENT, ACUTE CARE · 5 hrs/week $45,490Base · Other $45,490

ALAN SANDERS MDCHIEF MEDICAL OFFICER, ACUTE CARE · 5 hrs/week $33,733Base · Other $33,733

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

KEVIN KING MDPHYSICIAN

DARRYL ALIGGAYU MDPHYSICIAN

TIMOTHY DERENZO MDPHYSICIAN

PRIYANGIKA PATHIRANA MDPHYSICIAN

CHRYSTAL PRICE DOPHYSICIAN

DANIEL ROTH MDDIRECTOR; TRINITY EVP CHIEF CLIN OFF

THOMAS ROBERTSPHP VP, CFO & TREASURER

STEVEN HANKS MDFORMER KE; SPHP CHIEF CLINICAL OFF

JAMES REED MDDIRECTOR; PRESIDENT & CEO

JOHN FILIPPONE MDDIRECTOR; PHYSICIAN

MICHAEL FINEGANPRESIDENT, ACUTE CARE

ALAN SANDERS MDCHIEF MEDICAL OFFICER, ACUTE CARE

ROBERT SWIDLER ESQSECRETARY; VP LEGAL SERVICES

LORI SANTOSVICE PRESIDENT, ACUTE CARE FINANCE

VIRGINIA GOLDENFORMER OFFICER

ROBERT BYLANCIKDIRECTOR

ANN DISARRODIRECTOR

BARBARA COTTRELLDIRECTOR

BEVERLY KARPIAKDIRECTOR; VICE CHAIR

CURTIS POWELLDIRECTOR

RONALD GUZIORDIRECTOR; TREASURER

GARY DAKEDIRECTOR; CHAIR

ROBERT JOHNSON III ESQDIRECTOR

ROBERT MCCORMICKDIRECTOR

KATHLEEN NATWIN DCDIRECTOR

GEORGE HEARST IIIDIRECTOR

PHYLLIS HERBERT RSMDIRECTOR

MICHAEL KEEGANDIRECTOR

GUHA BALADIRECTOR

MARY ANN LOGIUDICE RSMDIRECTOR

HAROLD GORDON ESQDIRECTOR

KATHLEEN JIMINODIRECTOR

About this charity

Location: 600 NORTHERN BOULEVARD, ALBANY, NY 12204
County: Albany
In care of: LORI SANTOS
Primary officer: LORI SANTOS, VP, ACUTE CARE FINANCE

How to reach them

WebsiteVisit the charity’s website Phone(518) 471-3221

Filing and classification

Latest tax year: 2019
Tax period began: July 1, 2019
Return type: 990
IRS tax category: Textile MillsT