ALBANY MEDICAL CENTER GROUP ORGANIZATION

ALBANY MEDICAL CENTER GROUP ORGANIZATION

Albany, NY, US
•
501(c)3
•
EIN
47-3869194
•
WWW.AMC.EDU
•
DAF Sponsor
School
Hospital
Regional Funder
•
Subordinate Organization

ALBANY MEDICAL CENTER GROUP ORGANIZATION

Albany, NY, US
•
501(c)3
•
EIN
47-3869194
•
WWW.AMC.EDU
•
DAF Sponsor
School
Hospital
Regional Funder
•
Subordinate Organization
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$2,736,199,610

Property, Plant, & Equipment (net)
29%
Investments
20%
Cash & Equivalents
20%
Other Assets
14%
Receivables (Non-Related)
14%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$1,355,295,273

Other Liabilities
38%
Payables & Accruals
28%
Notes Payable / Debt (Non-Related)
27%
Tax-Exempt Bond Liabilities
5%
Deferred Revenue
2%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$626,506,794
$538,879,230
-14%
Receivables (Non-Related)
$354,160,639
$386,963,070
+9%
Related-Party Receivables
$0
-
-
Inventories
$40,704,780
$45,627,733
+12%
Prepaid Expenses
$23,557,949
$21,363,708
-9%
Investments
$501,476,837
$558,495,032
+11%
Property, Plant, & Equipment (net)
$811,281,054
$791,997,165
-2%
Other Assets
$310,428,466
$392,873,672
+27%
Total Assets
$2,668,116,519
$2,736,199,610
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$383,660,203
$379,900,339
-1%
Grants Payable
$0
-
-
Deferred Revenue
$23,601,548
$26,341,964
+12%
Tax-Exempt Bond Liabilities
$75,691,436
$68,452,669
-10%
Custodial & Escrow Liabilities
$880,503
$819,843
-7%
Notes Payable / Debt (Non-Related)
$374,493,486
$366,783,281
-2%
Related-Party Payables
$0
-
-
Other Liabilities
$475,850,650
$512,997,177
+8%
Total Liabilities
$1,334,177,826
$1,355,295,273
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$228,840,637
$251,173,482
+10%
Unrestricted Net Assets
$1,105,098,056
$1,129,730,855
+2%
Net assets
2023
2024
Change
Net assets
+$1,333,938,693
+$1,380,904,337
+4%
Balance Sheet
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