2025-01-16T08:55:16-06:00 2024-06-30 141555429 UHY ADVISORS NORTHEAST INC 4 TOWER PLACE EXECUTIVE PARK 7TH FLOOR ALBANY NY 12203 990 2023-07-01 141338488 RUSSELL SAGE COLLEGE RUSS 5182442200 65 1ST STREET TROY NY 12180 FREDERICK BARTHELMAS VP FINANCE/ADMINISTRATION 5182442200 2024-12-12 1 1 JAMES DANIELS P00603621 5184493166 2025-01-16 2023 2024-10-15 13:58:12Z DR MATTHEW SHAFTEL 65 1ST STREET TROY NY 12180 88900222 0 X SAGE.EDU X 1916 NY COLLEGIATE EDUCATION OF STUDENTS. 26 25 1207 223 21721 2355 7721980 9532248 62533327 63211766 1343905 3038067 98508 61518 71697720 75843599 23193040 23448417 0 0 28037999 28084710 0 0 613129 19991149 20149141 71222188 71682268 475532 4161331 99631146 106307119 20207332 21230113 79423814 85077006 COLLEGIATE EDUCATION OF STUDENTS. 0 0 61369280 23448417 63211766 COLLEGIATE EDUCATION OF STUDENTS. 61369280 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 174 0 1 1207 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X FREDERICK BARTHELMAS 5182442200 65 1ST STREET TROY NY 12180 CHRISTOPHER AMES PRESIDENT 40.00 X X 322442 0 97828 FREDERICK BARTHELMAS VP FIN/TREASURER 40.00 X 199744 0 9945 THERESA HAND PROVOST 40.00 X 184461 0 23225 KATHRYN ADAMS VP INSTITUTIONAL ADVANCEMENT 40.00 X 153107 0 4425 PATRICIA CELLEMME VP OF STUDENT LIFE 40.00 X 99811 0 48037 ANDREA REHN DEAN SCHOOL OF MANAGEMENT 40.00 X 125792 0 20674 THOMAS W NESBITT VP OF ENROLLMENT MANAGEMENT 40.00 X 133782 0 6455 ERICA A CARLO DEAN OF HEALTH SCIENCE 40.00 X 106112 0 34059 MARYJO VALENTINE ASSOC VP FINANCE 40.00 X 121810 0 9484 DANIEL CHRISTOPHER SR DIRECTOR OF MAJOR GIFTS 40.00 X 116775 0 6786 JOHN R HARRIS ASST DIR/SYSTEM ENGINEER IT 40.00 X 100414 0 5000 JOHN BENNETT MD TRUSTEE 1.00 X 0 0 0 THERESE BENTLEY TRUSTEE 1.00 X 0 0 0 JUDITH CAMPISI TRUSTEE 1.00 X 0 0 0 JEANNE MARIE CIOPPA-MOSCA TRUSTEE 1.00 X 0 0 0 CHRISTOPHER C DAHL TRUSTEE 1.00 X 0 0 0 KATHERYN DIAMOND TRUSTEE 1.00 X 0 0 0 JULIA GREENSTEIN-BLEICHER TRUSTEE 1.00 X 0 0 0 CATHERINE HILL TRUSTEE 1.00 X 0 0 0 BELINDA HILTON TRUSTEE 1.00 X 0 0 0 ALEXANDRA JUPIN TRUSTEE 1.00 X 0 0 0 JAMES KELLERHOUSE TRUSTEE 1.00 X 0 0 0 JEFF MIREL TRUSTEE 1.00 X 0 0 0 NICOLE NEWMAN TRUSTEE 1.00 X 0 0 0 DEBORAH ONSLOW TRUSTEE 1.00 X 0 0 0 CHESTER J OPALKA TRUSTEE 1.00 X 0 0 0 EBONY POMPEY-CONWAY TRUSTEE 1.00 X 0 0 0 STACY ROWLAND TRUSTEE 1.00 X 0 0 0 RONNYE SHAMAM TRUSTEE 1.00 X 0 0 0 PATRICIA TIMPANO SPARRELL TRUSTEE 1.00 X 0 0 0 ALBERT SZESNAT TRUSTEE 1.00 X 0 0 0 ROBIN LIVINGSTON TAUBIN TRUSTEE 1.00 X 0 0 0 NANCY VALLEY TRUSTEE 1.00 X 0 0 0 CHRISTINE WERNER WARD TRUSTEE 1.00 X 0 0 0 BENITA ZAHN TRUSTEE 1.00 X 0 0 0 CAROLINE LEAVITT DECOTA CHAIR 1.00 X X 0 0 0 1664250 0 265918 10 0 1 0 UNIVERSITY HEIGHTS ASSOCIATES 130 NEW SCOTLAND AVE ALBANY NY 12208 SECURITY STAFF & SHUTTLE DRIVES 1312686 LECHASE CONSTRUCTION SERVICES LLC 205 INDIGO CREEK DR ROCHESTER NY 14626 CONTRACT SERVICES 670361 3 ENROLLMENT MARKETING 352 MAIN ST ONEONTA NY 13820 CONSULTING SERVICES 531789 PAUL DAVIS SYSTEMS OF THE CAPITAL DISTRI 831 RT 67 BLDG 37A BALLSTON SPA NY 12020 CONSTRUCTION 501414 ELLUCIAN COMPANY LP 4375 FAIR LAKES COURT FAIRFAX VA 22033 SOFTWARE SERVICES 433492 13 2025064 7507184 3257187 9532248 TUITION & FEES 611710 55231814 55231814 AUXILIARY ENTERPRISES 611710 6361961 6361961 OTHER SOURCES 900099 1577655 1577655 PARKING 812930 29153 29153 TRANSCRIPTS 611710 11183 11183 63211766 800500 21721 778779 79302 17784 61518 61518 61518 15276406 13038839 2237567 2237567 2237567 75843599 63211766 21721 3077864 23448417 23448417 1075577 288086 629959 157532 21373986 18273642 2884968 215376 4056843 3280418 677900 98525 1578304 1298632 253573 26099 153912 153912 125742 125742 348994 348994 2748801 2146015 559119 43667 353955 52299 301656 3374459 2730238 605945 38276 1848976 1495835 352731 410 350303 312413 17645 20245 367493 283558 83825 110 3154342 2475141 669948 9253 1172771 42478 1129815 478 STUDENT DINING SERVICES 2130082 2130082 EQUIPMENT & MAINTENANCE 1621084 942918 678129 37 STUDENT HOUSING EXPENSE 1357737 1357737 SECURITY EXPENSE 1040490 811371 225998 3121 71682268 61369280 9699859 613129 6671803 8300226 1470843 1682017 2219783 2583758 102627957 58188552 43883972 44439405 23264472 24526679 20998068 22090663 1122205 2684371 99631146 106307119 3987336 4904124 5252765 5073729 6996137 5891997 759676 1166587 3211418 4193676 20207332 21230113 X 38830772 39257467 40593042 45819539 79423814 85077006 99631146 106307119 4161331 1491861 0 X 0 1 X 1 1 1 X 5834671 8025571 9595020 7721980 9532248 40709490 5834671 8025571 9595020 7721980 9532248 40709490 6143779 34565711 578544 562755 584345 701191 858081 3284916 24379 47638 11203 16337 99557 44093963 311730198 0.78390 0.88530 X PARTS I AND II/PUBLIC CHARITY STATUS AND SUPPORT SCHEDULE: 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44406504 784082 4163048 2671018 46682616 42315628 866256 3207438 1982818 44406504 47498336 370759 -4088437 1465030 42315628 39189797 344302 9642156 1677919 47498336 38937281 1049499 804143 1601126 39189797 0.19262 0.55484 0.25254 0 0 6901863 6901863 85954199 52988382 32965817 6139988 5200170 939818 3631907 3631907 44439405 MULTI-STRATEGY 7507266 F HEDGED EQUITY 6382393 F SHORT-TERM INVESTMENTS 3528923 F PRIVATE EQUITY 3358402 F REAL ASSETS 1313679 F 22090663 ASSET RETIREMENT OBLIGATION 2833676 LINES OF CREDIT BORROWINGS 1360000 4193676 X 53555833 1491861 17784 1509645 52046188 23797411 23797411 75843599 47902641 17784 17784 47884857 23797411 23797411 71682268 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 16072244 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 1176007 0 0 0 0 0 0 17248251 0 17248251 0 0 0 0 1 0 1 STUDENT SCHOLARSHIPS 509 23448417 PART I, LINE 2: 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. X X 1 1 X 0 0 0 0 0 0 0 0 0 CHRISTOPHER AMES PRESIDENT 322442 0 0 0 0 0 15600 0 82228 0 420270 0 0 0 FREDERICK BARTHELMAS VP FIN/TREASURER 199744 0 0 0 0 0 9945 0 0 0 209689 0 0 0 THERESA HAND PROVOST 184461 0 0 0 0 0 9300 0 13925 0 207686 0 0 0 KATHRYN ADAMS VP INSTITUTIONAL ADVANCEMENT 153107 0 0 0 0 0 3825 0 600 0 157532 0 0 0 PART I, LINE 1A 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. X 7 3257187 DAY'S HIGH/LOW AVG 29 0 0 0 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. UNIVERSITY HEIGHTS ASSOCIATION INC 130 NEW SCOTLAND AVE ALBANY NY 12208 141781912 SHARED SERVICES (SECURITY, TRANSPORTATION, ETC.) NY 501(C)(3) LINE 12A, I 0 CHARITABLE REMAINDER TRUST (1) INVESTMENT NY 0 POOLED LIFE INCOME FUND (1) INVESTMENT NY 0 GIFT ANNUITY FUND (1) INVESTMENT NY 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0