Civic Intelligence

Albany Medical College Alumni Assoc Inc

EIN 14-1468380 • 501(c)3 • Albany, NY

Profile

The amc alumni association is an independent non-profit organization organized to support lifelong relationships with and among current and future albany medical college alumni. As a committed partner of amc, the association supports and advances the mission of the college offering programs and services for our alumni, faculty, and students.

47 New Scotland Ave Mc-5Albany, NY 12208

engage.amc.edu/ALUMNI

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

15th percentile

0.01x

Higher debt load relative to revenue than 15% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Source year 2024

Net Margin

55th percentile

5.6%

Higher net margin than 55% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$100,176

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 15.2% of source-year revenue.

NTEE B • $5M-$10M nonprofits • Source year 2024

Asset Growth

67th percentile

12%

Faster asset growth than 67% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

27%

Faster revenue growth than 74% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$7,489,170

Up $790,918 (+12%) from 2023

Liabilities

Down

$9,829

Down $2,207 (-18%) from 2023

Net Assets

Up

$7,479,341

Up $793,125 (+12%) from 2023

Revenue

Up

$659,711

Up $142,065 (+27%) from 2023

Expenses

Up

$622,957

Up $85,648 (+16%) from 2023

Net Income

Up

$36,754

Up $56,417 (+287%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,196,641Liabilities 2011: $217,183Net Assets 2011: $3,979,4582011Assets 2012: $4,115,525Liabilities 2012: $89,774Net Assets 2012: $4,025,7512012Assets 2013: $4,662,223Liabilities 2013: $16,658Net Assets 2013: $4,645,5652013Assets 2014: $4,800,333Liabilities 2014: $23,381Net Assets 2014: $4,776,9522014Assets 2015: $4,574,837Liabilities 2015: $4,953Net Assets 2015: $4,569,8842015Assets 2016: $4,746,984Liabilities 2016: $5,669Net Assets 2016: $4,741,3152016Assets 2017: $5,277,396Liabilities 2017: $1,234Net Assets 2017: $5,276,1622017Assets 2018: $4,879,658Liabilities 2018: $8,184Net Assets 2018: $4,871,4742018Assets 2019: $5,642,463Liabilities 2019: $7,980Net Assets 2019: $5,634,4832019Assets 2020: $6,291,799Liabilities 2020: $6,820Net Assets 2020: $6,284,9792020Assets 2021: $7,107,404Liabilities 2021: $6,160Net Assets 2021: $7,101,2442021Assets 2022: $6,048,971Liabilities 2022: $11,518Net Assets 2022: $6,037,4532022Assets 2023: $6,698,252Liabilities 2023: $12,036Net Assets 2023: $6,686,2162023Assets 2024: $7,489,170Liabilities 2024: $9,829Net Assets 2024: $7,479,3412024

Highlighted filing

2024

Assets$7,489,170
Liabilities$9,829
Net Assets$7,479,341

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $526,157Expenses 2011: $430,858Net Income 2011: $95,2992011Expenses 2012: $333,2002012Revenue 2013: $377,255Expenses 2013: $334,377Net Income 2013: $42,8782013Revenue 2014: $383,030Expenses 2014: $336,984Net Income 2014: $46,0462014Revenue 2015: $351,583Expenses 2015: $367,369Net Income 2015: -$15,7862015Revenue 2016: $397,286Expenses 2016: $345,068Net Income 2016: $52,2182016Revenue 2017: $448,952Expenses 2017: $335,627Net Income 2017: $113,3252017Revenue 2018: $325,798Expenses 2018: $339,246Net Income 2018: -$13,4482018Revenue 2019: $482,653Expenses 2019: $524,265Net Income 2019: -$41,6122019Revenue 2020: $230,352Expenses 2020: $506,754Net Income 2020: -$276,4022020Revenue 2021: $658,627Expenses 2021: $579,547Net Income 2021: $79,0802021Revenue 2022: -$115,375Expenses 2022: $571,891Net Income 2022: -$687,2662022Revenue 2023: $517,646Expenses 2023: $537,309Net Income 2023: -$19,6632023Revenue 2024: $659,711Expenses 2024: $622,957Net Income 2024: $36,7542024

Highlighted filing

2024

Revenue$659,711
Expenses$622,957
Net Income$36,754

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.49$0.01$7.48$0.66$0.62$0.04
2023Detailed filing. Detailed filing data is available for this year.$6.70$0.01$6.69$0.52$0.54$0.02
2022Detailed filing. Detailed filing data is available for this year.$6.05$0.01$6.04$0.12$0.57$0.69
2021Detailed filing. Detailed filing data is available for this year.$7.11$0.01$7.10$0.66$0.58$0.08
2020Detailed filing. Detailed filing data is available for this year.$6.29$0.01$6.28$0.23$0.51$0.28
2019Detailed filing. Detailed filing data is available for this year.$5.64$0.01$5.63$0.48$0.52$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.88$0.01$4.87$0.33$0.34$0.01
2017Detailed filing. Detailed filing data is available for this year.$5.28$0.00$5.28$0.45$0.34$0.11
2016Detailed filing. Detailed filing data is available for this year.$4.75$0.01$4.74$0.40$0.35$0.05
2015Detailed filing. Detailed filing data is available for this year.$4.57$0.00$4.57$0.35$0.37$0.02
2014Detailed filing. Detailed filing data is available for this year.$4.80$0.02$4.78$0.38$0.34$0.05
2013Detailed filing. Detailed filing data is available for this year.$4.66$0.02$4.65$0.38$0.33$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.12$0.09$4.03$0.33
2011Summary only. Only limited summary data is available for this year.$4.20$0.22$3.98$0.53$0.43$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 25, 2025
Return Version
2024v5.2
Gross Receipts
$2,599,131
Mission and Program Overview

Mission

The amc alumni association is an independent non-profit organization organized to support lifelong relationships with and among current and future albany medical college alumni. As a committed partner of amc, the association supports and advances the mission of the college by offering programs and services for our alumni, faculty, and students.

To provide information and assistance to students and alumni of albany medical college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,626,101$6,112,418▲ $486,317
Investments Other Securities$1,057,056$1,347,025▲ $289,969
Savings and Temporary Cash Investments$4,166$18,051▲ $13,885
Accounts Receivable$7,192$9,276▲ $2,084
Land, Buildings, and Equipment, Net$3,737$2,400▼ $1,337
Total Assets$6,698,252$7,489,170▲ $790,918
Liabilities
Accounts Payable and Accrued Expenses$12,036$9,829▼ $2,207
Total Liabilities$12,036$9,829▼ $2,207
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,489,570$3,873,144▲ $383,574
Net Assets With Donor Restrictions$3,196,646$3,606,197▲ $409,551
Total Net Assets Fund Balance$6,686,216$7,479,341▲ $793,125
Total Liabilities and Net Assets / Fund Balance$6,698,252$7,489,170▲ $790,918

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,400$17,166$19,566
Other Securities$1,347,025--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$5,488,937$24,057▲ $643,683-$6,261,787
2023$4,775,389$27,332▲ $582,246-$5,488,937
2022$5,298,314$52,778▼ $686,818-$4,775,389
2021$4,686,675$29,619▲ $690,917-$5,298,314
2020$4,208,902$9,773▲ $578,915-$4,686,675
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Sandra J DinotoExecutive DirectorFT$100,176$100,176
Revenue and Support

Revenue Composition

Contributions and Grants
$201,477
Program Service Revenue
$0
Investment Income
$518,714
Other Revenue
$-60,480
All Other Contributions
$24,057
Change in Net Assets
$36,754

Audited Revenue Reconciliation

Revenue per Audited Statements
$671,255
Revenue Not Reported on Financial Statements
$-11,544
Revenue Not Reported on Form 990
$756,371
Other Revenue Adjustments
$-66,684
Total Revenue per Audited Statements
$1,427,626
Total Revenue per Form 990
$659,711
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$292,477
Other Expenses$195,005
Grants and Similar Amounts Paid$135,475
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$218,387$72,795-$291,182
Grants to Domestic Individuals$110,213--$110,213
Fees for Service Investment Mgmnt Fees-$55,140-$55,140
Occupancy$32,661$17,587-$50,248
Advertising$30,727--$30,727
Grants to Domestic Orgs$25,262--$25,262
Fees for Services Accounting-$24,259-$24,259
Office Expenses$11,050$4,345-$15,395
Travel$5,096$1,699-$6,795
Fees for Services Other$5,128--$5,128
Depreciation Depletion$1,337--$1,337
Other Employee Benefits$971$324-$1,295
Conferences and Meetings-$1,068-$1,068
Other Expenses$1,233$969-$969
Total Functional Expenses$442,065$180,892$0$622,957

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$634,501
Total Expenses per Form 990$622,957
Expenses per Audited Statements$567,817
Expenses Not Reported on Form 990$66,684
Expenses Not Reported on Financial Statements$55,140
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$66,684
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Reunion Weekend--$1,721-
Total Events--$66,684$-66,684
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

Description of organization mission: offering programs and services for our alumni, faculty, and students.

Form 990, Part VI, Section A, Line 6

Membership consists of alumni members, associate members and honorary members. Alumni members need to be graduates of the albany medical college who have been awarded md, phd, ms or dnp degrees and have the exclusive right to vote on matters of general interest to the association. Associate and honorary members do not have voting rights.

Form 990, Part VI, Section A, Line 7A

The officers and other members of the board are elected at the annual association meeting by a simple majority vote of those alumni members present.

Form 990, Part VI, Section A, Line 7B

Amendment of the constitution and by-laws must be approved at the annual association meeting by a simple majority vote of those alumni members present.

Form 990, Part VI, Section B, Line 11B

Form 990 is distributed to the executive finance committee (composed of members of the board of directors for the alumni association) upon completion, for their review and signature. The form is then forwarded to independent auditor for submission.

Form 990, Part VI, Section B, Line 12C

All officers, directors, and key employees are required to complete annual disclosure statements that are periodically reviewed, atleast annually, by the governing board.

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Albany Medical College Alumni
EIN
14-1468380
Phone
5182625867
Address
47 NEW SCOTLAND AVE MC-5, ALBANY, NY 12208

Signing Officer

Name
Sandra Dinoto
Title
Executive Director
Phone
5182625867
Signed
2025-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandra Dinoto
Formed
1960
Legal Domicile
Ny
Voting Board Members
26
Independent Board Members
26
Employees
0
Volunteers
30

Preparer

Firm
Bonadio & Co Llp
Address
6 WEMBLEY CT, ALBANY, NY 12205
Preparer
Kenneth Mcgivney
Phone
5184644080
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No changes from prior year.

Financial Statement Notes

PART V, LINE 4:

Investments of the board designated funds is for the purpose of providing supplemental funding of scholarship and awards programs. Permanently restricted assets are funds with donor-imposed restrictions that require the principal to be restricted in perpetuity and only the earnings can be used for scholarships.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Special event expense -66,684.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses 66,684.

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IRS990/Form990PartVIISectionAGrp/PersonNm14JOSEPH GARVEY MD
IRS990/Form990PartVIISectionAGrp/PersonNm15THOMAS SNYDER MD
IRS990/Form990PartVIISectionAGrp/PersonNm16JOHN LAMAR PHD
IRS990/Form990PartVIISectionAGrp/PersonNm17ARNOLD M ROSEN MD
IRS990/Form990PartVIISectionAGrp/PersonNm18MERIDITH J ENGLANDER MD
IRS990/Form990PartVIISectionAGrp/PersonNm19DONNA M PIETROCOLA MD
IRS990/Form990PartVIISectionAGrp/PersonNm20PATRICIA T PISCIOTTO
IRS990/Form990PartVIISectionAGrp/PersonNm21ALAN BOULOUS MD
IRS990/Form990PartVIISectionAGrp/PersonNm22JASON MOUZAKES MD
IRS990/Form990PartVIISectionAGrp/PersonNm23MICHAEL MULLIGAN MD
IRS990/Form990PartVIISectionAGrp/PersonNm24KEVIN ROBERTS MD
IRS990/Form990PartVIISectionAGrp/PersonNm25NANCY SAPIO MD
IRS990/Form990PartVIISectionAGrp/PersonNm26SANDRA J DINOTO
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt22EX-OFFICIO
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IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
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IRS990/MissionDesc0THE AMC ALUMNI ASSOCIATION IS AN INDEPENDENT NON-PROFIT ORGANIZATION ORGANIZED TO SUPPORT LIFELONG RELATIONSHIPS WITH AND AMONG CURRENT AND FUTURE ALBANY MEDICAL COLLEGE ALUMNI. AS A COMMITTED PARTNER OF AMC, THE ASSOCIATION SUPPORTS AND ADVANCES THE MISSION OF THE COLLEGE OFFERING PROGRAMS AND SERVICES FOR OUR ALUMNI, FACULTY, AND STUDENTS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL EVENTS - TO CONDUCT REGIONAL ALUMNI FUNCTIONS AND REUNION ACTIVITIES FOR ALUMNI ENGAGEMENT AND STUDENT RECOGNITION/DEVELOPMENT PROGRAMS AND ORIENTATION AND COMMENCEMENT EVENTS FOR MEDICAL STUDENTS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0STUDENT SUPPORT - TO PROVIDE STUDENTS WITH TRAVEL STIPENDS WHEN PRESENTING AT CLINICAL CONFERENCES AND FOR STUDENT CLUBS, MENTORSHIP ACTIVITIES, VISITING ALUMNI PROGRAMS AND STUDENT GROUP EVENTS AND EDUCATIONAL INITIATIVES.
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