IRS Form 990 · EIN 14-1340125

Albany Med Health System

Albany, NY 12206-1103 · Tax year 2022

$10.8M

Total revenue

$10.1M

Total expenses

$744K

Net income

6.9%

Operating margin

Financial summary

Compared to 35 organizations with NTEE E21 in NY

Avg revenue (peers)

$148.6M

This org:$10.8M

Avg net income (peers)

$169K

This org:$744K

Avg top exec comp (peers)

$1.8M

This org (highest):$373K

20 officers + key employees from the most recent Schedule J filing (FY2021; the financial summary above is FY2022)

Name	Title	Hours/wk	Base comp	Total comp
Larman Susan	CEO	22.5	$288K	$373K
Chaffee Holly A	VP/Chief Operating Officer	38	$226K	$237K
Rice Paul B	CFO	22.5	$181K	$198K
Ruetz Jeffrey	Registered Nurse	51	$136K	$156K
Robinson Mark	Physical Therapist	38	$142K	$152K
Kretser Jacqueline N	VP of Care Transitions	19	$136K	$151K
Caesar Susan Lochner	RN/Home Health Coordinator	42	$114K	$136K
Varughese Seba Mariam	VP of HR	15.4	$113K	$126K
Greg Scott	Board Member	1	—	—
John Smack	Board Member	1	—	—
Anthony Durante	Board President	1	—	—
Richard Rowlands	Past Board Member	1	—	—
John Conroy	Past Board Member	1	—	—
Joan Hart	Board Vice President	1	—	—
Theodore DeConno	Treasurer	1	—	—
Amy Lee	Board Secretary	1	—	—
Terry Griesmer	Board Member	1	—	—
Frederick J Hinrichsen	Board Member	1	—	—
Janine Mangione	Board Member	1	—	—
Nancy Michela	Board Member	1	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2022	$10.8M	$10.1M	$744K	$4.2M
2021	$12.2M	$10.0M	$2.2M	$3.8M
2020	$10.6M	$10.4M	$155K	$5.4M
2019	$12.9M	$10.8M	$2.1M	$2.5M
2018	$10.4M	$11.5M	$-1.2M	$1.9M
2017	$11.4M	$11.2M	$243K	$2.7M
2016	$11.6M	$11.9M	$-360K	$2.7M
2015	$11.9M	$12.3M	$-490K	$2.6M
2014	$11.4M	$13.0M	$82K	$3.3M
2013	$12.0M	$12.0M	$27K	$4.9M

This organization appears to be a hospital. Explore additional data sources: