RUSSELL SAGE COLLEGE: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- RUSSELL SAGE COLLEGE (EIN 14-1338488)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-01-16
- IRS object ID
- 202530169349300523
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-01-16T08:55:16-06:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 141555429 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UHY ADVISORS NORTHEAST INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 TOWER PLACE EXECUTIVE PARK 7TH | AddressLine1Txt |
| Address Line2 | FLOOR | AddressLine2Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141338488 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUSSELL SAGE COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RUSS | BusinessNameControlTxt |
| Phone | 5182442200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 1ST STREET | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12180 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FREDERICK BARTHELMAS | PersonNm |
| Person Title | VP FINANCE/ADMINISTRATION | PersonTitleTxt |
| Phone | 5182442200 | PhoneNum |
| Signature | 2024-12-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES DANIELS | PreparerPersonNm |
| PTIN | P00603621 | PTIN |
| Phone | 5184493166 | PhoneNum |
| Preparation | 2025-01-16 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR MATTHEW SHAFTEL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 1ST STREET | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12180 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $88,900,222 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | SAGE.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1916 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | COLLEGIATE EDUCATION OF STUDENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 1207 | TotalEmployeeCnt |
| Total Volunteers | 223 | TotalVolunteersCnt |
| Total Gross UBI | $21,721 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $2,355 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,721,980 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,532,248 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $62,533,327 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $63,211,766 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,343,905 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,038,067 | CYInvestmentIncomeAmt |
| PY Other Revenue | $98,508 | PYOtherRevenueAmt |
| CY Other Revenue | $61,518 | CYOtherRevenueAmt |
| PY Total Revenue | $71,697,720 | PYTotalRevenueAmt |
| CY Total Revenue | $75,843,599 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $23,193,040 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $23,448,417 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $28,037,999 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $28,084,710 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $613,129 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $19,991,149 | PYOtherExpensesAmt |
| CY Other Expenses | $20,149,141 | CYOtherExpensesAmt |
| PY Total Expenses | $71,222,188 | PYTotalExpensesAmt |
| CY Total Expenses | $71,682,268 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $475,532 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,161,331 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $99,631,146 | TotalAssetsBOYAmt |
| Total Assets EOY | $106,307,119 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $20,207,332 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $21,230,113 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $79,423,814 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $85,077,006 | NetAssetsOrFundBalancesEOYAmt |
| Mission | COLLEGIATE EDUCATION OF STUDENTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $61,369,280 | ExpenseAmt |
| Grant | $23,448,417 | GrantAmt |
| Revenue | $63,211,766 | RevenueAmt |
| Desc | COLLEGIATE EDUCATION OF STUDENTS. | Desc |
| Total Program Service Expenses | $61,369,280 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 174 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1207 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FREDERICK BARTHELMAS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5182442200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 1ST STREET | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12180 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| CHRISTOPHER AMES | |||||||
| PRESIDENT | 40.00 | Yes (X) | Yes (X) | $322,442 | $0 | $97,828 | |
| FREDERICK BARTHELMAS | |||||||
| VP FIN/TREASURER | 40.00 | Yes (X) | $199,744 | $0 | $9,945 | ||
| THERESA HAND | |||||||
| PROVOST | 40.00 | Yes (X) | $184,461 | $0 | $23,225 | ||
| KATHRYN ADAMS | |||||||
| VP INSTITUTIONAL ADVANCEMENT | 40.00 | Yes (X) | $153,107 | $0 | $4,425 | ||
| PATRICIA CELLEMME | |||||||
| VP OF STUDENT LIFE | 40.00 | Yes (X) | $99,811 | $0 | $48,037 | ||
| ANDREA REHN | |||||||
| DEAN SCHOOL OF MANAGEMENT | 40.00 | $125,792 | $0 | $20,674 | Yes (X) | ||
| THOMAS W NESBITT | |||||||
| VP OF ENROLLMENT MANAGEMENT | 40.00 | Yes (X) | $133,782 | $0 | $6,455 | ||
| ERICA A CARLO | |||||||
| DEAN OF HEALTH SCIENCE | 40.00 | $106,112 | $0 | $34,059 | Yes (X) | ||
| MARYJO VALENTINE | |||||||
| ASSOC VP FINANCE | 40.00 | $121,810 | $0 | $9,484 | Yes (X) | ||
| DANIEL CHRISTOPHER | |||||||
| SR DIRECTOR OF MAJOR GIFTS | 40.00 | $116,775 | $0 | $6,786 | Yes (X) | ||
| JOHN R HARRIS | |||||||
| ASST DIR/SYSTEM ENGINEER IT | 40.00 | $100,414 | $0 | $5,000 | Yes (X) | ||
| JOHN BENNETT MD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| THERESE BENTLEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JUDITH CAMPISI | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEANNE MARIE CIOPPA-MOSCA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER C DAHL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHERYN DIAMOND | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JULIA GREENSTEIN-BLEICHER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CATHERINE HILL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BELINDA HILTON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEXANDRA JUPIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES KELLERHOUSE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFF MIREL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NICOLE NEWMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH ONSLOW | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHESTER J OPALKA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EBONY POMPEY-CONWAY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STACY ROWLAND | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RONNYE SHAMAM | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICIA TIMPANO SPARRELL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALBERT SZESNAT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBIN LIVINGSTON TAUBIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NANCY VALLEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINE WERNER WARD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BENITA ZAHN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROLINE LEAVITT DECOTA | |||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,664,250 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $265,918 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| UNIVERSITY HEIGHTS ASSOCIATES | |||||
| 130 NEW SCOTLAND AVE | ALBANY | NY | 12208 | SECURITY STAFF & SHUTTLE DRIVES | $1,312,686 |
| LECHASE CONSTRUCTION SERVICES LLC | |||||
| 205 INDIGO CREEK DR | ROCHESTER | NY | 14626 | CONTRACT SERVICES | $670,361 |
| 3 ENROLLMENT MARKETING | |||||
| 352 MAIN ST | ONEONTA | NY | 13820 | CONSULTING SERVICES | $531,789 |
| PAUL DAVIS SYSTEMS OF THE CAPITAL DISTRI | |||||
| 831 RT 67 BLDG 37A | BALLSTON SPA | NY | 12020 | CONSTRUCTION | $501,414 |
| ELLUCIAN COMPANY LP | |||||
| 4375 FAIR LAKES COURT | FAIRFAX | VA | 22033 | SOFTWARE SERVICES | $433,492 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 13 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,025,064 | GovernmentGrantsAmt |
| All Other Contributions | $7,507,184 | AllOtherContributionsAmt |
| Noncash Contributions | $3,257,187 | NoncashContributionsAmt |
| Total Contributions | $9,532,248 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611710 | $55,231,814 | $55,231,814 |
| AUXILIARY ENTERPRISES | 611710 | $6,361,961 | $6,361,961 |
| OTHER SOURCES | 900099 | $1,577,655 | $1,577,655 |
| PARKING | 812930 | $29,153 | $29,153 |
| TRANSCRIPTS | 611710 | $11,183 | $11,183 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $63,211,766 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $800,500 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $21,721 | UnrelatedBusinessRevenueAmt |
| Exclusion | $778,779 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $79,302 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $17,784 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $61,518 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $61,518 | TotalRevenueColumnAmt |
| Exclusion | $61,518 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,276,406 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,038,839 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,237,567 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,237,567 | TotalRevenueColumnAmt |
| Exclusion | $2,237,567 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $75,843,599 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $63,211,766 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $21,721 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,077,864 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,448,417 | TotalAmt |
| Program Services | $23,448,417 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,075,577 | TotalAmt |
| Program Services | $288,086 | ProgramServicesAmt |
| Management And General | $629,959 | ManagementAndGeneralAmt |
| Fundraising | $157,532 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,373,986 | TotalAmt |
| Program Services | $18,273,642 | ProgramServicesAmt |
| Management And General | $2,884,968 | ManagementAndGeneralAmt |
| Fundraising | $215,376 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,056,843 | TotalAmt |
| Program Services | $3,280,418 | ProgramServicesAmt |
| Management And General | $677,900 | ManagementAndGeneralAmt |
| Fundraising | $98,525 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,578,304 | TotalAmt |
| Program Services | $1,298,632 | ProgramServicesAmt |
| Management And General | $253,573 | ManagementAndGeneralAmt |
| Fundraising | $26,099 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,912 | TotalAmt |
| Management And General | $153,912 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,742 | TotalAmt |
| Management And General | $125,742 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $348,994 | TotalAmt |
| Management And General | $348,994 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,748,801 | TotalAmt |
| Program Services | $2,146,015 | ProgramServicesAmt |
| Management And General | $559,119 | ManagementAndGeneralAmt |
| Fundraising | $43,667 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $353,955 | TotalAmt |
| Program Services | $52,299 | ProgramServicesAmt |
| Management And General | $301,656 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,374,459 | TotalAmt |
| Program Services | $2,730,238 | ProgramServicesAmt |
| Management And General | $605,945 | ManagementAndGeneralAmt |
| Fundraising | $38,276 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,848,976 | TotalAmt |
| Program Services | $1,495,835 | ProgramServicesAmt |
| Management And General | $352,731 | ManagementAndGeneralAmt |
| Fundraising | $410 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350,303 | TotalAmt |
| Program Services | $312,413 | ProgramServicesAmt |
| Management And General | $17,645 | ManagementAndGeneralAmt |
| Fundraising | $20,245 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $367,493 | TotalAmt |
| Program Services | $283,558 | ProgramServicesAmt |
| Management And General | $83,825 | ManagementAndGeneralAmt |
| Fundraising | $110 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,154,342 | TotalAmt |
| Program Services | $2,475,141 | ProgramServicesAmt |
| Management And General | $669,948 | ManagementAndGeneralAmt |
| Fundraising | $9,253 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,172,771 | TotalAmt |
| Program Services | $42,478 | ProgramServicesAmt |
| Management And General | $1,129,815 | ManagementAndGeneralAmt |
| Fundraising | $478 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT DINING SERVICES | $2,130,082 | $2,130,082 | ||
| EQUIPMENT & MAINTENANCE | $1,621,084 | $942,918 | $678,129 | $37 |
| STUDENT HOUSING EXPENSE | $1,357,737 | $1,357,737 | ||
| SECURITY EXPENSE | $1,040,490 | $811,371 | $225,998 | $3,121 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,682,268 | TotalAmt |
| Program Services | $61,369,280 | ProgramServicesAmt |
| Management And General | $9,699,859 | ManagementAndGeneralAmt |
| Fundraising | $613,129 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,671,803 | BOYAmt |
| EOY | $8,300,226 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,470,843 | BOYAmt |
| EOY | $1,682,017 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,219,783 | BOYAmt |
| EOY | $2,583,758 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $102,627,957 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $58,188,552 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,883,972 | BOYAmt |
| EOY | $44,439,405 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,264,472 | BOYAmt |
| EOY | $24,526,679 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,998,068 | BOYAmt |
| EOY | $22,090,663 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,122,205 | BOYAmt |
| EOY | $2,684,371 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,631,146 | BOYAmt |
| EOY | $106,307,119 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,987,336 | BOYAmt |
| EOY | $4,904,124 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,252,765 | BOYAmt |
| EOY | $5,073,729 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,996,137 | BOYAmt |
| EOY | $5,891,997 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $759,676 | BOYAmt |
| EOY | $1,166,587 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,211,418 | BOYAmt |
| EOY | $4,193,676 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,207,332 | BOYAmt |
| EOY | $21,230,113 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,830,772 | BOYAmt |
| EOY | $39,257,467 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,593,042 | BOYAmt |
| EOY | $45,819,539 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,423,814 | BOYAmt |
| EOY | $85,077,006 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,631,146 | BOYAmt |
| EOY | $106,307,119 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $4,161,331 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,491,861 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,834,671 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,025,571 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,595,020 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,721,980 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,532,248 | CurrentTaxYearAmt |
| Total | $40,709,490 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,834,671 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,025,571 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,595,020 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,721,980 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,532,248 | CurrentTaxYearAmt |
| Total | $40,709,490 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $6,143,779 | SubstantialContributorsTotAmt |
| Public Support Total170 | $34,565,711 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $578,544 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $562,755 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $584,345 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $701,191 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $858,081 | CurrentTaxYearAmt |
| Total | $3,284,916 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $24,379 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $47,638 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,203 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,337 | CurrentTaxYearAmt |
| Total | $99,557 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $44,093,963 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $311,730,198 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.78390 | PublicSupportCY170Pct |
| Public Support PY170 | 0.88530 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PARTS I AND II/PUBLIC CHARITY STATUS AND SUPPORT SCHEDULE: | FormAndLineReferenceDesc |
| Explanation | RUSSELL SAGE COLLEGE QUALIFIES AS A PUBLIC CHARITY AS A SCHOOL DESCRIBED IN INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(II). SCHEDULE A, PART II (SUPPORT SCHEDULE) HAS BEEN COMPLETED TO DEMOSTRATE ELIGIBILITY TO REPORT CONTRIBUTIONS ON SCHEDULE B UNDER THE APPLICABLE SPECIAL RULE. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $44,406,504 | BeginningYearBalanceAmt |
| Contributions | $784,082 | ContributionsAmt |
| Investment Earnings Or Losses | $4,163,048 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,671,018 | OtherExpendituresAmt |
| End Year Balance | $46,682,616 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $42,315,628 | BeginningYearBalanceAmt |
| Contributions | $866,256 | ContributionsAmt |
| Investment Earnings Or Losses | $3,207,438 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,982,818 | OtherExpendituresAmt |
| End Year Balance | $44,406,504 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $47,498,336 | BeginningYearBalanceAmt |
| Contributions | $370,759 | ContributionsAmt |
| Investment Earnings Or Losses | -$4,088,437 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,465,030 | OtherExpendituresAmt |
| End Year Balance | $42,315,628 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,189,797 | BeginningYearBalanceAmt |
| Contributions | $344,302 | ContributionsAmt |
| Investment Earnings Or Losses | $9,642,156 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,677,919 | OtherExpendituresAmt |
| End Year Balance | $47,498,336 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,937,281 | BeginningYearBalanceAmt |
| Contributions | $1,049,499 | ContributionsAmt |
| Investment Earnings Or Losses | $804,143 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,601,126 | OtherExpendituresAmt |
| End Year Balance | $39,189,797 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.19262 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.55484 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.25254 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,901,863 | OtherCostOrOtherBasisAmt |
| Book Value | $6,901,863 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $85,954,199 | OtherCostOrOtherBasisAmt |
| Depreciation | $52,988,382 | DepreciationAmt |
| Book Value | $32,965,817 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,139,988 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,200,170 | DepreciationAmt |
| Book Value | $939,818 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,631,907 | OtherCostOrOtherBasisAmt |
| Book Value | $3,631,907 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $44,439,405 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| MULTI-STRATEGY | $7,507,266 | F |
| HEDGED EQUITY | $6,382,393 | F |
| SHORT-TERM INVESTMENTS | $3,528,923 | F |
| PRIVATE EQUITY | $3,358,402 | F |
| REAL ASSETS | $1,313,679 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $22,090,663 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ASSET RETIREMENT OBLIGATION | $2,833,676 |
| LINES OF CREDIT BORROWINGS | $1,360,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,193,676 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $53,555,833 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,491,861 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $17,784 | OtherRevenueAmt |
| Revenue Not Reported | $1,509,645 | RevenueNotReportedAmt |
| Revenue Subtotal | $52,046,188 | RevenueSubtotalAmt |
| Other Revenues Not Included | $23,797,411 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $23,797,411 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $75,843,599 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $47,902,641 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $17,784 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $17,784 | ExpensesNotReportedAmt |
| Expenses Subtotal | $47,884,857 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $23,797,411 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $23,797,411 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $71,682,268 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | INTENDED USES OF ENDOWMENT FUNDS: ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE EDUCATIONAL AND RESEARCH ACTIVITIES OF THE COLLEGE. |
| PART X, LINE 2: | FASB ASC 740 TEXT OF FINANCIAL STATEMENTS FOOTNOTE RELATED TO UNCERTAIN TAX POSITIONS: THE COLLEGE HAS DETERMINED PRIOR TO RECORDING ANY BENEFIT IN THE FINANCIAL STATEMENTS THAT IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITIES, AS REQUIRED BY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ASC. 740. A TAX POSITION IS MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 17,784. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP EXPENSES 23,448,417. INVESTMENT MANAGEMENT FEES 348,994. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 17,784. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP EXPENSES 23,448,417. INVESTMENT MANAGEMENT FEES 348,994. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | RUSSELL SAGE COLLEGE'S RACIAL NONDISCRIMINATION POLICY IS INCLUDED ON THE FIRST PAGE OF THE ANNUAL PUBLICATION OF THE COLLEGE'S CATALOG AND IS RUN ANNUALLY IN THE LOCAL NEWSPAPER. |
| SCHEDULE E, PART I, LINE 6 | THE COLLEGE AND ITS STUDENTS RECEIVE FINANCIAL AID FROM FEDERAL AND STATE GOVERNMENTAL AGENCIES UNDER VARIOUS PROGRAMS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | INVESTMENTS | $16,072,244 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | INVESTMENTS | $1,176,007 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $17,248,251 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $17,248,251 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | STUDENT SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 509 | RecipientCnt |
| Cash Grant | $23,448,417 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | PROCEDURE FOR MONITORING USE OF GRANT FUNDS IN THE U.S.: ALL GRANTS ARE REVIEWED BY THE OFFICE OF FINANCIAL AFFAIRS; WHEN APPROPRIATE THEY ARE ASSIGNED TO A GRANTS ADMINISTRATOR WHO IS RESPONSIBLE FOR MONITORING ALL EXPENDITURES TO ENSURE THAT FUNDS ARE USED IN ACCORDANCE WITH GRANTOR POLICIES AND REGULATIONS. THE HIGHER EDUCATION EMERGENCY RELIEF GRANTS (HEERF AND HEERF-II) RECEIVED BY THE COLLEGE FOR STUDENTS' FINANCIAL AID AND INSTITUTIONAL AID DUE TO THE EFFECTS OF COVID-19 ARE ADMINISTERED AND MONITORED BY THE OFFICE OF FINANCIAL AFFAIRS, FINANCIAL AID OFFICE AND STUDENT ACCOUNTS OFFICE WITH APPROVAL BY THE COLLEGE'S EXECUTIVE TEAM. ON A MONTHLY BASIS REVENUES AND EXPENSES FOR ALL GRANTS ARE REPORTED TO MANAGEMENT AND GRANT ADMINISTRATORS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHRISTOPHER AMES | ||||||||||||||
| PRESIDENT | $322,442 | $0 | $0 | $0 | $0 | $0 | $15,600 | $0 | $82,228 | $0 | $420,270 | $0 | $0 | $0 |
| FREDERICK BARTHELMAS | ||||||||||||||
| VP FIN/TREASURER | $199,744 | $0 | $0 | $0 | $0 | $0 | $9,945 | $0 | $0 | $0 | $209,689 | $0 | $0 | $0 |
| THERESA HAND | ||||||||||||||
| PROVOST | $184,461 | $0 | $0 | $0 | $0 | $0 | $9,300 | $0 | $13,925 | $0 | $207,686 | $0 | $0 | $0 |
| KATHRYN ADAMS | ||||||||||||||
| VP INSTITUTIONAL ADVANCEMENT | $153,107 | $0 | $0 | $0 | $0 | $0 | $3,825 | $0 | $600 | $0 | $157,532 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE COLLEGE REQUIRES THE PRESIDENT TO LIVE IN A HOUSE ON THE CAMPUS AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE COLLEGE. THE HOUSE IS FURNISHED AND MAINTAINED AT THE COLLEGE'S EXPENSE. THE TOTAL ESTIMATED ANNUAL PERSONAL USE VALUE OF THE RESIDENCE IS $50,000 AND IS INCLUDED IN THE NONTAXABLE BENEFITS REPORTED IN PART VII AND SCHEDULE J. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 7 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,257,187 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | DAY'S HIGH/LOW AVG | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 29 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 REVIEW PROCEDURE: THE DRAFT FORM 990 IS PRESENTED TO THE BOARD FINANCE COMMITTEE, AUDIT SUB-COMMITTEE AND EXECUTIVE COMMITTEE FOR APPROVAL. IT IS THEN PRESENTED TO THE FULL BOARD FOR FINAL APPROVAL BEFORE BEING SUBMITTED TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY PROCEDURES: A CONFLICT OF INTEREST DISCLOSURE IS REQUIRED TO BE COMPLETED ANNUALLY BY EACH TRUSTEE AND EXECUTIVE OFFICER. INDIVIDUALS SUBJECT TO ANY KNOWN, POSSIBLE OR PERCEIVED CONFLICT RECUSE THEMSELVES FROM THE DELIBERATIVE AND DECISION-MAKING PROCESSES IN RESPECT OF MATTERS AFFECTED. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION PROCEDURES: COMPENSATION FOR THE PRESIDENT IS REVIEWED AND APPROVED BY THE BOARD EXECUTIVE COMMITTEE AND TRUSTEES. COMPENSATION FOR CABINET MEMBERS IS REVIEWED AND APPROVED BY THE PRESIDENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABILITY TO PUBLIC OF ANNUAL INFORMATION RETURNS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS: THESE ARE PROVIDED UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY HEIGHTS ASSOCIATION INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 NEW SCOTLAND AVE | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12208 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141781912 | EIN |
| Primary Activities | SHARED SERVICES (SECURITY, TRANSPORTATION, ETC.) | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12A, I | PublicCharityStatusTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|
| CHARITABLE REMAINDER TRUST (1) | ||
| INVESTMENT | NY | 0 |
| POOLED LIFE INCOME FUND (1) | ||
| INVESTMENT | NY | 0 |
| GIFT ANNUITY FUND (1) | ||
| INVESTMENT | NY | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |