IRS Form 990 · EIN 14-1790805

Albany Med Health System

Glens Falls, NY 12801-4413 · Tax year 2023

NTEE E21Hospital System

$6.2M

Total revenue

$2.2M

Total expenses

$18K

Net income

0.3%

Operating margin

Financial summary

Compared to 35 organizations with NTEE E21 in NY

Avg revenue (peers)

$148.7M

This org:$6.2M

Avg net income (peers)

$191K

This org:$18K

Avg top exec comp (peers)

$1.9M

This org (highest):—

20 officers + key employees reported on Schedule J

Name	Title	Hours/wk	Base comp	Total comp
PAUL SCIMECA	PRESIDENT & CEO	0.5	—	—
CHRISTOPHER MASON	DIRECTOR	0.5	—	—
JORDAN BLACKWOOD MD	DIRECTOR	0.5	—	—
TERRY CELADON	DIRECTOR	0.5	—	—
KATHERINE HERLIHY-SCHWENKER	CHAIRPERSON	2	—	—
KRISTY MOORE	VICE CHAIRPERSON	0.5	—	—
MARC MONAHAN	SECRETARY	0.5	—	—
ANDREW BRODIE	DIRECTOR	0.5	—	—
DAVID J CARUSO	DIRECTOR	0.5	—	—
MICHAEL CRUZ	DIRECTOR	0.5	—	—
MATTHEW HARRISON	DIRECTOR	0.5	—	—
JOSHUA KOONS	DIRECTOR	0.5	—	—
LINDSEY KOSTUN	DIRECTOR	0.5	—	—
MICHAEL MIHALY	DIRECTOR	0.5	—	—
MIKE ROMEO	DIRECTOR	0.5	—	—
LISA OSTRANDER	DIRECTOR	0.5	—	—
DONNA TAN	DIRECTOR	0.5	—	—
JAYNE VAN SCHAICK DDS	DIRECTOR	0.5	—	—
JOHN WRIGHT	DIRECTOR	0.5	—	—
CINDY SHERWOOD	GFH VP FOUNDATION	40	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$6.2M	$2.2M	$18K	$13.1M
2022	$5.0M	$3.7M	$140K	$8.2M
2021	$3.4M	$3.0M	$431K	$8.4M
2020	$3.4M	$1.7M	$-51K	$7.5M
2019	$3.1M	$2.5M	$227K	$5.1M
2018	$2.4M	$2.5M	$207K	$4.2M
2017	$3.7M	$4.4M	$147K	$4.7M
2016	$2.9M	$2.4M	$-63K	$5.1M
2015	$3.1M	$1.5M	$286K	$4.4M
2014	$2.2M	$2.6M	$275K	$3.1M

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