2025-11-12T12:49:53-06:00 2024-12-31 135565207 KPMG LLP 515 BROADWAY 4TH FL ALBANY NY 122072974 990 2024-01-01 141790805 GLENS FALLS HOSPITAL FOUNDATION GLEN 5189265013 100 PARK STREET GLENS FALLS NY 12801 PAUL SCIMECA PRESIDENT/CEO 5189265013 2025-11-11 1 0 GENEVA FURLANO P01877392 5184274600 2025-11-10 2024 2025-03-06 01:10:19Z PAUL SCIMECA 100 PARK STREET GLENS FALLS NY 12801 11660671 0 X WWW.GLENSFALLSHOSPITAL.ORG X 1996 NY SEE SCHEDULE O 16 12 0 41 0 0 5177526 7663303 0 0 209475 445308 774789 987911 6161790 9096522 1533037 1525429 0 0 457621 500589 0 0 0 245861 5273435 2236519 7299453 3925271 1797069 13071282 15664494 0 0 13071282 15664494 X GLENS FALLS HOSPITAL FOUNDATION WAS ESTABLISHED TO RAISE FUNDS FOR GLENS FALLS HOSPITAL, A 501(C)(3) ORGANIZATION. SEE SCHEDULE O FOR FURTHER DESCRIPTION. 0 0 7299453 1525429 893976 THE GLENS FALLS HOSPITAL FOUNDATION WAS ESTABLISHED PRIMARILY TO RAISE FUNDS FOR GLENS FALLS HOSPITAL. THE GLENS FALLS HOSPITAL FOUNDATION, A NOT-FOR-PROFIT CORPORATION WAS INCORPORATED IN THE STATE OF NEW YORK, IS EXEMPT FROM FEDERAL INCOME TAX ON RELATED INCOME PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 7299453 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 X 16 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X CRAIG LETOURNEAU CONTROLLER GLENS FALLS HOSPITAL 5189265013 100 PARK STREET GLENS FALLS NY 12801 PAUL SCIMECA PRESIDENT & CEO 0.50 40.00 X X 0 946437 23736 CHRISTOPHER MASON DIRECTOR 0.50 40.00 X 0 665416 43603 JORDAN BLACKWOOD DIRECTOR (UNTIL 6/30/2024) 0.50 0.00 X 0 632782 38967 CHRISTOPHER SMITH MD DIRECTOR (AS OF 7/1/2024) 0.50 40.00 X 0 438987 22192 TERRY CELADON DIRECTOR 0.50 0.00 X 0 8536 0 KRISTY MOORE CHAIRPERSON 2.00 0.00 X X 0 0 0 MICHAEL MIHALY VICE CHAIRPERSON 0.50 0.00 X X 0 0 0 DONNA TAN SECRETARY 0.50 0.00 X X 0 0 0 ANDREW BRODIE DIRECTOR (UNTIL 6/30/2024) 0.50 0.00 X 0 0 0 DAVID J CARUSO DIRECTOR 0.50 0.00 X 0 0 0 MICHAEL CRUZ DIRECTOR (UNTIL 6/30/2024) 0.50 0.00 X 0 0 0 JEREMY DEASON DIRECTOR (AS OF 7/1/2024) 0.50 0.00 X 0 0 0 MATTHEW HARRISON DIRECTOR 0.50 0.00 X 0 0 0 JOSHUA KOONS DIRECTOR 0.50 0.00 X 0 0 0 KATHERINE HERLIHY-SCHWENKER DIRECTOR 0.50 0.00 X 0 0 0 MARC MONAHAN DIRECTOR (UNTIL 6/30/2024) 0.50 0.00 X 0 0 0 LISA OSTRANDER DIRECTOR 0.50 0.00 X 0 0 0 MICHAEL ROMEO DIRECTOR 0.50 0.00 X 0 0 0 JAYNE VAN SCHAICK DDS DIRECTOR 0.50 0.00 X 0 0 0 JOHN WRIGHT ESQ DIRECTOR 0.50 0.00 X 0 0 0 CINDY SHERWOOD GFH VP FOUNDATION 40.00 0.00 X 0 281036 27431 0 2973194 155929 0 0 1 0 0 53419 7609884 10931 7663303 261907 261907 2620443 2437042 183401 183401 183401 221042 53419 127107 93935 93935 EXPENSE REIMBURSEMENT FROM GFH 900099 893976 893976 893976 9096522 893976 0 539243 1525429 1525429 281036 281036 139858 139858 79695 79695 10600 10600 324098 324098 76382 76382 3897 3897 PLEDGES DESIGNATED FOR 4829189 4829189 BAD DEBT 29063 29063 MISCELLANEOUS 206 206 7299453 7299453 0 0 2496810 665055 2791005 4441121 7780912 10558318 2555 0 13071282 15664494 0 0 X 1188640 1310830 11882642 14353664 13071282 15664494 13071282 15664494 X 1797069 811143 -15000 X 0 1 X 1 0 X X 1 GLENS FALLS HOSPITAL 141338413 3 1 1525429 0 1 1525429 0 3269227 2823546 4548297 5177526 7663303 23481899 3269227 2823546 4548297 5177526 7663303 23481899 4280855 19201044 78384 91874 115698 191386 261907 739249 116220 88317 214387 156320 93935 669179 24890327 1512445 0.77140 0.75720 X 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INCOME FROM FUNDRAISING PART IV, SECTION D, LINE 3 THE GLENS FALLS HOSPITAL ("HOSPITAL") AND GLENS FALLS HOSPITAL FOUNDATION ("FOUNDATION") HAVE A CLOSE AND CONTINUOUS WORKING RELATIONSHIP. THE CEO OF THE HOSPITAL IS A MEMBER OF BOTH THE HOSPITAL AND FOUNDATION BOARDS AND THROUGH THAT RELATIONSHIP THE HOSPITAL OVERSEES AND HAS A SIGNIFICANT VOICE IN THE ORGANIZATION'S INVESTMENT POLICIES AND IN DIRECTING THE INCOME AND ASSETS OF THE FOUNDATION. PART VI, SECTION E, LINE 2 GLENS FALLS HOSPITAL FOUNDATION RAISES FUNDS IN SUPPORT OF GLENS FALLS HOSPITAL, A 501(C)(3) ORGANIZATION. GLENS FALLS HOSPITAL IS A NOT-FOR-PROFIT HOSPITAL THAT SERVES A 5 COUNTY AREA THAT TREATS PATIENTS REGARDLESS OF THEIR ABILITY TO PAY. GLENS FALLS HOSPITAL FOUNDATION PROVIDES FUNDS TO GLENS FALLS HOSPITAL SO THAT IT CAN CARRY OUT ITS PURPOSE OF SERVING THE PATIENTS IN ITS SERVICE AREA. IT HELPS FUND CAPITAL NEEDS AND PATIENT PROGRAMS OF GLENS FALLS HOSPITAL. IF THE GLENS FALLS HOSPITAL FOUNDATION WERE NOT IN EXISTANCE, THE FUNDRAISING ACTIVITIES WOULD HAVE TO BE UNDERTAKEN BY GLENS FALLS HOSPITAL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: THE FOUNDATION IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF ALBANY MED HEALTH SYSTEM. THE FOOTNOTE RELATED TO UNCERTAIN TAX POSITIONS FROM ALBANY MED HEALTH SYSTEM IS AS FOLLOWS: WITH THE EXCEPTION OF MADISON AVENUE SERVICES CORPORATION, ALBANY MED SUBS, LLC, ALBANY MEDICAL PARK SOUTH I, LLC, COLUMBIA REGIONAL, PLLC, SARATOGA PARTNERS NORTH, LLC, SARATOGA PARTNERS NORTH REALTY, LLC, BETTER HEALTH FOR NORTHEAST NEW YORK, INC. AND VISITING NURSE ASSOCIATION OF ALBANY HOME CARE CORPORATION, ALL ENTITIES COMPRISING THE SYSTEM ARE NOT-FOR-PROFIT CORPORATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND ARE EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. BETTER HEALTH FOR NORTHEAST NEW YORK, INC. IS A 501(C)(6) NOT-FOR-PROFIT CORPORATION. INCOME TAXES ASSOCIATED WITH MADISON AVENUE SERVICES CORPORATION AND VISITING NURSE ASSOCIATION OF ALBANY HOME CARE CORPORATION ARE NOT MATERIAL TO THE COMBINED FINANCIAL STATEMENTS. IN ADDITION, ALBANY MEDICAL PARK SOUTH I, LLC, ALBANY MED SUBS, LLC, AND COLUMBIA REGIONAL, PLLC ARE LIMITED LIABILITY COMPANIES, WHICH ARE DISREGARDED ENTITIES FOR INCOME TAX PURPOSES. SARATOGA PARTNERS NORTH, LLC AND SARATOGA PARTNERS NORTH REALTY, LLC ARE LIMITED LIABILITY COMPANIES ORGANIZED AS PARTNERSHIPS AND DO NOT MAKE ANY MATERIAL PROVISION FOR INCOME TAXES. THE SYSTEM RECOGNIZES INCOME TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINABLE BASED ON THE MERITS OF THE POSITION. MANAGEMENT HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT NEED TO BE RECORDED AS OF DECEMBER 31, 2024 AND 2023. GOLF TOURNAMENT 105765 24319 81446 9019 1401 DINING EVENT 152400 29100 123300 53395 38901 3000 14800 1 16296 16296 300 6291 274461 53419 221042 62414 38901 3300 22492 127107 93935 1 GLENS FALLS HOSPITAL 100 PARK STREET GLENS FALLS NY 12801 141338413 501(C)(3) 1525429 0 SUPPORT 1 0 PART I, LINE 2: GLENS FALLS HOSPITAL FOUNDATION HAS A CLOSE WORKING RELATIONSHIP WITH GLENS FALLS HOSPITAL. 0 0 0 0 0 0 0 0 0 PAUL SCIMECA PRESIDENT & CEO 0 744763 0 174318 0 27356 0 13800 0 9936 0 970173 0 0 CHRISTOPHER MASON DIRECTOR 0 506770 0 135226 0 23420 0 13800 0 29803 0 709019 0 0 JORDAN BLACKWOOD DIRECTOR (UNTIL 6/30/2024) 0 436890 0 195472 0 420 0 13800 0 25167 0 671749 0 0 CHRISTOPHER SMITH MD DIRECTOR (AS OF 7/1/2024) 0 388396 0 50212 0 379 0 13800 0 8392 0 461179 0 0 CINDY SHERWOOD GFH VP FOUNDATION 0 230816 0 38927 0 11293 0 9560 0 17871 0 308467 0 0 PART I, LINE 3 GLENS FALLS HOSPITAL IS THE PAYING ORGANIZATION FOR ALL SALARIES OF GLENS FALLS HOSPITAL FOUNDATION. IN DETERMINING THE COMPENSATION OF THE ORGANIZATIONS CEO, GLENS FALLS HOSPITAL, A RELATED ORGANIZATION, USES A COMPENSATION COMMITTEE, AN INDEPENDENT CONSULTANT, A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION STUDIES AND BOARD APPROVAL. FORM 990, PART I, LINE 5 & PART V, LINE 2A GLENS FALLS HOSPITAL IS THE PAYING ORGANIZATION FOR ALL SALARIES OF GLENS FALLS HOSPITAL FOUNDATION, THEREFORE, GLENS FALLS HOSPITAL FOUNDATION ISSUES NO W-2S. FORM 990, PART 1, LINE 1 AND PART III, LINE 1 MISSION AND STATEMENT OF PURPOSE: ENSURE A QUALITY FUTURE FOR GLENS FALLS HOSPITAL, THE MISSION OF GLENS FALLS HOSPITAL FOUNDATION IS TO CREATE A POSITIVE IMAGE, FORGE AND NURTURE RELATIONSHIPS, SECURE PRIVATE FUNDING, AND AUGMENT HOSPITAL RESOURCES. THE PURPOSE OF GLENS FALLS HOSPITAL FOUNDATION IS: A. TO CREATE A GREATER AWARENESS IN THE COMMUNITY OF GLENS FALLS HOSPITAL AND ITS MISSION. THROUGH THIS AWARENESS WE MUST INTENSIFY THE DESIRE TO HELP THE HOSPITAL MEET ITS NEED AND STRENGTHEN ITS PURPOSE. B. TO SECURE THE NECESSARY FINANCIAL SUPPORT TO HELP BRIDGE THE GAP BETWEEN THE HOSPITAL'S NEEDS AND PRIORITIES AND AVAILABLE FUNDING. WE WILL OBTAIN THIS SUPPORT THROUGH THE DEVELOPMENT OF COMPREHENSIVE PROGRAM IN ANNUAL GIVING, CORPORATE GIVING, MAJOR DONOR GIVING, PLANNED GIVING, SPECIAL CAMPAIGNS, GOVERNMENT GRANTS AND FOUNDATION GIVING. C. TO ESTABLISH AND CULTIVATE A BASE OF CONTRIBUTORS AND VOLUNTEERS: TO ENHANCE THE TRADITION OF GIVING TO GLENS FALLS HOSPITAL. D. TO SECURE PRIVATE FINANCIAL AND HUMAN RESOURCE SUPPORT FOR THE HOSPITAL FROM ITS VARIOUS CONSTITUENCIES. THESE INCLUDE PATIENTS, STAFF, CORPORATIONS, PRIVATE FOUNDATIONS, TRUSTEES AND OTHER FRIENDS OF GLENS FALLS HOSPITAL. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS PROVIDED TO THE FOUNDATION'S BOARD TO REVIEW AND COMMENT ON. IT WAS ALSO REVIEWED BY THE HOSPITAL'S CFO AND CONTROLLER TO REVIEW AND COMMENT ON. IN ADDITION, FORM 990 WAS REVIEWED BY AN INDEPENDENT ACCOUNTANT, KPMG, TO MAKE SURE IT WAS FILLED OUT COMPLETELY AND ACCURATELY. IT WAS FILED ON A TIMELY BASIS AFTER REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON, A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B) HAS READ AND UNDERSTANDS THE POLICY, C) HAS AGREED TO COMPLY WITH THE POLICY AND, D) UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. TO ENSURE THAT THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, PERIODIC REVIEWS SHALL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 15 GLENS FALLS HOSPITAL FOUNDATION DOES NOT PAY SALARIES, THEY ARE PAID BY AN AFFILIATE, GLENS FALLS HOSPITAL. THE FOUNDATION FOLLOWS THE SAME POLICIES AND IS COMMITTED TO DEVELOPING AND MAINTAINING A TOTAL COMPENSATION PROGRAM THAT IS COMPETITIVE WITH PROGRAMS OFFERED BY OTHER HEALTHCARE ORGANIZATIONS THAT ARE COMPARABLE TO GLENS FALLS HOSPITAL IN REVENUE STRUCTURE, MISSION, AND SCOPE OF SERVICES. THE COMPENSATION PHILOSOPHY INCLUDES: BASE SALARY RANGES IN THE 50TH PERCENTILE OF A NATIONAL AND REGIONAL PEER GROUP, ANNUAL INCENTIVE OPPORTUNITIES TIED TO PERFORMANCE GOALS ESTABLISHED BY THE GLENS FALLS HOSPITAL BOARD, BENEFITS DELIVERED IN THE 50TH PERCENTILE OF A NATIONAL PEER GROUP, AND TOTAL COMPENSATION POSITIONED AT APPROXIMATELY THE 50TH PERCENTILE FOR EXPECTED PERFORMANCE, AND SOMEWHAT ABOVE THAT FOR EXCEPTIONAL PERFORMANCE. EXECUTIVE PAY IS REVIEWED ANNUALLY BY A THIRD-PARTY CONSULTANT. THIS REVIEW INCLUDES A COMPARISON OF GLENS FALLS HOSPITAL EXECUTIVE PAY PRACTICES WITH NATIONAL AND REGIONAL BENCHMARK STUDIES AS APPROPRIATE. THE CONSULTANT IS ENGAGED DIRECTLY BY THE GLENS FALLS HOSPITAL BOARD OF GOVERNORS AND REPORTS THEIR FINDINGS TO THE BOARD PERSONNEL COMMITTEE FOR REVIEW AND ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET PROVISION FOR UNCOLLECTIBLE ACCOUNTS -15,000. GLENS FALLS HOSPITAL 100 PARK STREET GLENS FALLS NY 12801 141338413 HOSPITAL NY 501(C)(3) 3 AMHS 0 GLENS FALLS MEDICAL PLLC 100 PARK STREET GLENS FALLS NY 12801 823943636 MED. OFFICE NY 501(C)(3) 10 GFH 0 ALBANY MEDICAL HEALTH SYSTEM 47 NEW SCOTLAND AVE ALBANY NY 12208 141641730 CORP SERVICES NY 501(C)(3) 12C, III-FI N/A 0 ALBANY MEDICAL CENTER HOSPITAL 43 NEW SCOTLAND AVE ALBANY NY 12208 141338307 HOSPITAL NY 501(C)(3) 3 N/A 0 ALBANY MEDICAL COLLEGE 47 NEW SCOTLAND AVE ALBANY NY 12208 141338310 MED DEGREE NY 501(C)(3) 2 N/A 0 ALBANY MEDICAL CENTER FOUNDATION 47 NEW SCOTLAND AVE ALBANY NY 12208 146023119 FUNDRAISING NY 501(C)(3) 7 N/A 0 ALBANY MEDICAL CENTER KIDSKELLER 47 NEW SCOTLAND AVE ALBANY NY 12208 222635792 DAY PROGRAM NY 501(C)(3) 2 AMHS 0 CENTER FOR DONATION AND TRANSPLANT 218 GREAT OAKS BLVD ALBANY NY 12203 141820447 ORGAN BANK NY 501(C)(3) 12A, I COLLEGE 0 BETTER HEALTH FOR NORTHEAST NEW YORK 43 NEW SCOTLAND AVE ALBANY NY 12208 811861104 DSRIP NY 501(C)(6) AMC HOSPITAL 0 COLUMBIA MEMORIAL HOSPITAL 71 PROSPECT AVE HUDSON NY 12534 141338373 HOSPITAL NY 501(C)(3) 3 N/A 0 KAATERSKILL COMMONS INC 163 JEFFERSON HEIGHTS CATSKILL NY 12414 205700964 HOUSING NY 501(C)(3) 7 CMH 0 COLUMBIA MEMORIAL HEALTH FOUNDATION 71 PROSPECT AVE HUDSON NY 12534 141761112 FUNDRAISING NY 501(C)(3) 10 CMH 0 THE SECOND SHOW 519 WARREN ST HUDSON NY 12534 141796715 THRIFT SHOP NY 501(C)(3) 7 CMH 0 SARATOGA HOSPITAL 211 CHURCH ST SARATOGA SPRINGS NY 12866 141338547 HOSPITAL NY 501(C)(3) 3 AMHS 0 SARATOGA REGIONAL MEDICAL PC 211 CHURCH ST SARATOGA SPRINGS NY 12866 472468259 HEALTHCARE NY 501(C)(3) 3 SH 0 SARATOGA CARE INC 211 CHURCH ST SARATOGA SPRINGS NY 12866 141775218 HEALTH NY 501(C)(3) 12B, II SH 0 HEALTHCARE PARTNERS OF SARATOGA LTD 211 CHURCH ST SARATOGA SPRINGS NY 12866 453303309 EMERGENT CARE NY 501(C)(3) 3 N/A 0 ALBANY VISITING NURSE HOME CARE SERVICE 35 COLVIN AVENUE ALBANY NY 12206 222778949 SUPPORT NY 501(C)(3) 12B, II N/A 0 VISTING NURSE ASSOCIATION OF ALBANY 35 COLVIN AVENUE ALBANY NY 12206 141340125 HOME HEALTH NY 501(C)(3) 10 AVN HCS 0 VISTING NURSES FOUNDATION INC 35 COLVIN AVENUE ALBANY NY 12206 141653755 FUNDRAISING NY 501(C)(3) 12C, III-FI AVN HCS 0 IMAGING SERVICES OF NORTHEASTERN NY LLC 100 PARK STREET GLENS FALLS NY 12801 141820955 DIAG RADIOLOGY NY N/A N/A 0 0 COLUMBIA-GREEN SERVICES INC C/O CMH 71 PROSPECT AVE HUDSON NY 12534 141758524 HEALTHCARE NY N/A C 0 MADISON AVENUE SERVICES CORP 47 NEW SCOTLAND AVE MC 116 ALBANY NY 12206 141697717 OTHER (INACTIVE) NY N/A C 0 VNA OF ALBANY HOME CARE CORP 28 COLVIN AVE ALBANY NY 12206 141697717 HOME CARE NY N/A C 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0