RUSSELL SAGE COLLEGE: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- RUSSELL SAGE COLLEGE (EIN 14-1338488)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-03-28
- IRS object ID
- 201530879349300513
- Schema version
- 2013v4.0
- 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 G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-03-28T15:41:20-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | 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 NY INC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 SOUTH PEARL STREET SUITE 400 | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12207 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141338488 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SAGE COLLEGES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAGE | BusinessNameControlTxt |
| Phone | 5182442200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 1ST ST | AddressLine1 |
| City | TROY | City |
| State | NY | State |
| ZIP Code | 12180 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATRICK JACOBSON-SCHULTE | PersonNm |
| Person Title | VP FINANCE & TREASURER | PersonTitleTxt |
| Phone | 5182442200 | PhoneNum |
| Signature | 2015-03-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL O LIPSCHULTZ | PreparerPersonNm |
| PTIN | P01373022 | PTIN |
| Phone | 5184493166 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SUSAN C SCRIMSHAW | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 1ST ST | AddressLine1 |
| City | TROY | City |
| State | NY | State |
| ZIP Code | 12180 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $95,982,429 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | 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 | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 1774 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,161,073 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,458,172 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $66,028,929 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $65,469,745 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,553,989 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,132,028 | CYInvestmentIncomeAmt |
| PY Other Revenue | $54,534 | PYOtherRevenueAmt |
| CY Other Revenue | $142,807 | CYOtherRevenueAmt |
| PY Total Revenue | $73,798,525 | PYTotalRevenueAmt |
| CY Total Revenue | $72,202,752 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $24,538,248 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $24,545,910 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $29,742,844 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $29,331,394 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $224,948 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $201,798 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,562,640 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $19,266,423 | PYOtherExpensesAmt |
| CY Other Expenses | $19,629,716 | CYOtherExpensesAmt |
| PY Total Expenses | $73,772,463 | PYTotalExpensesAmt |
| CY Total Expenses | $73,708,818 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $26,062 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,506,066 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $95,021,175 | TotalAssetsBOYAmt |
| Total Assets EOY | $94,245,986 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $36,775,415 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $34,827,884 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $58,245,760 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $59,418,102 | NetAssetsOrFundBalancesEOYAmt |
| Mission | COLLEGIATE EDUCATION OF STUDENTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $66,287,666 | ExpenseAmt |
| Grant | $24,545,910 | GrantAmt |
| Revenue | $65,469,745 | RevenueAmt |
| Desc | COLLEGIATE EDUCATION OF STUDENTS. | Desc |
| Total Program Service Expenses | $66,287,666 | 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 |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| 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 | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | 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 | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | 0 | 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 | 235 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1774 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | 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 |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PATRICK JACOBSON-SCHULTE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5182442200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 1ST ST | AddressLine1 |
| City | TROY | City |
| State | NY | State |
| ZIP Code | 12180 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| SUSAN C SCRIMSHAW | ||||||||
| PRESIDENT | 40.00 | 0.00 | Yes (X) | Yes (X) | $311,807 | $0 | $54,336 | |
| JOHN BELLARDINI | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| THERESE BENTLEY | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JUDITH CAMPISI | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MONICA CUNNINGHAM JD | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHRYN M DIAMOND | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANN DUFFIELD | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DONNA ESTEVES | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER FLATHER | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARILYN MILLER FOWLER | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EILEEN WITZMAN GOLDBLATT | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JULIA L GREENSTEIN RSC | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CATHERINE HILL | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CARRIE HILLENBRANDT | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BARRY ILBERMAN | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL JAECKLE | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JANET W JONES | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JEANNE CLOUTIER MARKIN | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FREDERICK A MILLER | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH ONSLOW | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHESTER J OPALKA JR | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREA CRISAFULLI RUSSO | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RONNYE BERG SHAMAM | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NELSON TIP SIMONS | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICIA TIMPANO SPARRELL | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NANCY VALLEY | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT ZEMSKY | ||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TERRENCE WEINER | ||||||||
| INTERIM PROVOST | 40.00 | 0.00 | Yes (X) | $177,893 | $0 | $9,255 | ||
| DANIEL LUNDQUIST | ||||||||
| VP MKTG & ENROLLMENT MGMT | 40.00 | 0.00 | Yes (X) | $166,091 | $0 | $8,265 | ||
| MELISSA KOMORA | ||||||||
| VP INSTITUTIONAL ADVANCEME | 40.00 | 0.00 | Yes (X) | $142,407 | $0 | $14,537 | ||
| DEIRDRE ZARRILLO | ||||||||
| VP ADMIN & PLANNING | 40.00 | 0.00 | Yes (X) | $120,196 | $0 | $0 | ||
| PETER HUGHES | ||||||||
| VP FINANCE & TREASURER | 40.00 | 0.00 | Yes (X) | $111,045 | $0 | $5,485 | ||
| PATRICIA CELLEMME | ||||||||
| VP FOR STUDENT LIFE | 40.00 | 0.00 | Yes (X) | $83,028 | $0 | $15,263 | ||
| LORI QUIGLEY | ||||||||
| DEAN SCH OF EDUCATION | 40.00 | 0.00 | $142,656 | $0 | $7,001 | Yes (X) | ||
| ESTHER HASKVITZ | ||||||||
| DEAN SCH OF HEALTH SCIENCE | 40.00 | 0.00 | $121,347 | $0 | $8,353 | Yes (X) | ||
| PATRICIA POHL | ||||||||
| PROF & PHYS THERAPY CHAIR | 40.00 | 0.00 | $105,208 | $0 | $15,574 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,481,678 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $138,069 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SODEXO OPERATIONS LLC | |||||
| BOX 360170 | PITTSBURGH | PA | 15251 | FOOD SERVICE | $3,058,066 |
| CDPHP | |||||
| 500 PATROON CREEK BLVD | ALBANY | NY | 12206 | BENEFITS ADMINISTRATOR | $2,480,176 |
| SANO-RUBIN CONSTRUCTION CO INC | |||||
| 624 DELAWARE AVENUE | ALBANY | NY | 12209 | CONSTRUCTION | $1,987,127 |
| UHCS | |||||
| 100 UNION DRIVE | ALBANY | NY | 12208 | DORM SERVICES | $1,683,864 |
| MAGGS & ASSOCIATES | |||||
| 501 STATE STREET | SCHENECTADY | NY | 12305 | INSURANCE | $1,015,461 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 22 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,577,989 | GovernmentGrantsAmt |
| All Other Contributions | $3,880,183 | AllOtherContributionsAmt |
| Noncash Contributions | $294,667 | NoncashContributionsAmt |
| Total Contributions | $5,458,172 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611710 | $57,130,997 | $57,130,997 |
| AUXILIARY ENTERPRISES | 611710 | $8,201,400 | $8,201,400 |
| PARKING | 812930 | $69,210 | $69,210 |
| OTHER SOURCES | 900099 | $38,006 | $38,006 |
| TRANSCRIPTS | 611710 | $30,132 | $30,132 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $65,469,745 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $258,475 | TotalRevenueColumnAmt |
| Exclusion | $258,475 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $161,344 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $18,537 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $142,807 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $142,807 | TotalRevenueColumnAmt |
| Exclusion | $142,807 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $24,634,693 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $23,761,140 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $873,553 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $873,553 | TotalRevenueColumnAmt |
| Exclusion | $873,553 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $72,202,752 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $65,469,745 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,274,835 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,545,910 | TotalAmt |
| Program Services | $24,545,910 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,610,224 | TotalAmt |
| Program Services | $1,006,123 | ProgramServicesAmt |
| Management And General | $442,672 | ManagementAndGeneralAmt |
| Fundraising | $161,429 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,310,665 | TotalAmt |
| Program Services | $19,538,406 | ProgramServicesAmt |
| Management And General | $1,456,773 | ManagementAndGeneralAmt |
| Fundraising | $1,315,486 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $698,923 | TotalAmt |
| Program Services | $601,684 | ProgramServicesAmt |
| Management And General | $54,704 | ManagementAndGeneralAmt |
| Fundraising | $42,535 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,711,791 | TotalAmt |
| Program Services | $1,787,400 | ProgramServicesAmt |
| Management And General | $518,945 | ManagementAndGeneralAmt |
| Fundraising | $405,446 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,999,791 | TotalAmt |
| Program Services | $1,721,567 | ProgramServicesAmt |
| Management And General | $156,521 | ManagementAndGeneralAmt |
| Fundraising | $121,703 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,924 | TotalAmt |
| Management And General | $234,436 | ManagementAndGeneralAmt |
| Fundraising | $488 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,498 | TotalAmt |
| Management And General | $115,498 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $201,798 | TotalAmt |
| Fundraising | $201,798 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,768,146 | TotalAmt |
| Program Services | $7,289,000 | ProgramServicesAmt |
| Management And General | $456,917 | ManagementAndGeneralAmt |
| Fundraising | $22,229 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $376,184 | TotalAmt |
| Program Services | $349,905 | ProgramServicesAmt |
| Fundraising | $26,279 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,908,897 | TotalAmt |
| Program Services | $1,908,897 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $343,211 | TotalAmt |
| Program Services | $243,807 | ProgramServicesAmt |
| Management And General | $39,590 | ManagementAndGeneralAmt |
| Fundraising | $59,814 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $701,214 | TotalAmt |
| Program Services | $701,214 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,111,807 | TotalAmt |
| Program Services | $3,111,807 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $707,968 | TotalAmt |
| Program Services | $587,135 | ProgramServicesAmt |
| Management And General | $120,833 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES | $788,737 | $726,051 | $38,282 | $24,404 |
| OPERATION & MAINTENANCE | $723,823 | $398,251 | $311,809 | $13,763 |
| BOOKS & PERIODICALS | $430,275 | $428,254 | $2,021 | |
| SPECIAL PROGRAMS | $409,420 | $378,812 | $9,852 | $20,756 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,009,612 | TotalAmt |
| Program Services | $963,443 | ProgramServicesAmt |
| Management And General | $901,680 | ManagementAndGeneralAmt |
| Fundraising | $144,489 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,708,818 | TotalAmt |
| Program Services | $66,287,666 | ProgramServicesAmt |
| Management And General | $4,858,512 | ManagementAndGeneralAmt |
| Fundraising | $2,562,640 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,111 | BOYAmt |
| EOY | $59,602 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $867,707 | BOYAmt |
| EOY | $446,582 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,539,768 | BOYAmt |
| EOY | $4,097,623 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,851,370 | BOYAmt |
| EOY | $3,602,483 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $493,681 | BOYAmt |
| EOY | $513,880 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $99,651,195 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $46,785,327 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,890,842 | BOYAmt |
| EOY | $52,865,868 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,214,537 | BOYAmt |
| EOY | $18,280,379 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,803,489 | BOYAmt |
| EOY | $12,829,913 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $360,995 | BOYAmt |
| EOY | $330,109 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $813,675 | BOYAmt |
| EOY | $1,219,547 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,021,175 | BOYAmt |
| EOY | $94,245,986 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,406,240 | BOYAmt |
| EOY | $4,804,580 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,069,920 | BOYAmt |
| EOY | $3,409,617 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,680,000 | BOYAmt |
| EOY | $13,160,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,379,990 | BOYAmt |
| EOY | $7,965,604 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,239,265 | BOYAmt |
| EOY | $5,488,083 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,775,415 | BOYAmt |
| EOY | $34,827,884 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,951,199 | BOYAmt |
| EOY | $22,643,399 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,109,281 | BOYAmt |
| EOY | $20,125,973 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,185,280 | BOYAmt |
| EOY | $16,648,730 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,245,760 | BOYAmt |
| EOY | $59,418,102 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,021,175 | BOYAmt |
| EOY | $94,245,986 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,506,066 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,678,408 | 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 | $2,330,590 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,442,397 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,118,324 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,161,073 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,458,172 | CurrentTaxYearAmt |
| Total | $38,510,556 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,330,590 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,442,397 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,118,324 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,161,073 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,458,172 | CurrentTaxYearAmt |
| Total | $38,510,556 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $8,675,080 | SubstantialContributorsTotAmt |
| Public Support Total170 | $29,835,476 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $50,917 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $573,640 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $274,675 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $473,094 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $419,819 | CurrentTaxYearAmt |
| Total | $1,792,145 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $40,302,701 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $259,630,644 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.74030 | PublicSupportCY170Pct |
| Public Support PY170 | 0.73360 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PARTS I AND II/PUBLIC CHARITY STATUS AND SUPPORT SCHEDULE: | THE SAGE COLLEGES QUALIFY 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. |
| SCHEDULE A, PART II | SUPPORT INFORMATION PRESENTED IN PART II INCLUDES THE SHORT PERIOD 05/01/2010 TO 06/30/2010. |
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 | $27,234,092 | BeginningYearBalanceAmt |
| Contributions | $1,688,333 | ContributionsAmt |
| Investment Earnings Or Losses | $3,251,286 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,699,835 | OtherExpendituresAmt |
| End Year Balance | $30,473,876 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,009,808 | BeginningYearBalanceAmt |
| Contributions | $5,692,747 | ContributionsAmt |
| Investment Earnings Or Losses | $1,917,305 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,385,768 | OtherExpendituresAmt |
| End Year Balance | $27,234,092 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,986,744 | BeginningYearBalanceAmt |
| Contributions | $925,399 | ContributionsAmt |
| Investment Earnings Or Losses | -$63,555 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $838,780 | OtherExpendituresAmt |
| End Year Balance | $21,009,808 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,239,401 | BeginningYearBalanceAmt |
| Contributions | $1,265,721 | ContributionsAmt |
| Investment Earnings Or Losses | $3,074,040 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $6,592,418 | OtherExpendituresAmt |
| End Year Balance | $20,986,744 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,750,057 | BeginningYearBalanceAmt |
| Contributions | $628,923 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,139,579 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,000,000 | OtherExpendituresAmt |
| End Year Balance | $23,239,401 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.32530 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.51360 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.16110 | 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 | $6,241,117 | OtherCostOrOtherBasisAmt |
| Book Value | $6,241,117 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $79,812,862 | OtherCostOrOtherBasisAmt |
| Depreciation | $34,593,032 | DepreciationAmt |
| Book Value | $45,219,830 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,514,385 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,192,295 | DepreciationAmt |
| Book Value | $1,322,090 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $82,831 | OtherCostOrOtherBasisAmt |
| Book Value | $82,831 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $52,865,868 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (9 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| WEATHERLOW OFFSHORE I | $2,569,010 | F |
| DRAKE OFFSHORE LP | $4,012,056 | F |
| STEPSTONE PE OFFSHORE II | $1,977,309 | F |
| COMMON STOCKS | $1,326,265 | F |
| CORPORATE OBLIGATIONS | $414,005 | F |
| US GOV/AGENCY/MUNI | $118,176 | F |
| AUDA SEC III FEEDER LP | $304,644 | F |
| PIPER JAFFRAY MUNICIPAL OPP | $1,070,656 | F |
| BLUE MOUNTAIN CAIS CA LTD | $1,037,792 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $12,829,913 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITIES PAYABLE | $227,146 |
| ASSET RETIREMENT OBLIGATION | $1,705,875 |
| DEPOSITS HELD FOR OTHERS | $140,061 |
| LIFE INCOME PAYABLE | $99,200 |
| U.S. GOVERNMENT ADVANCES | $3,178,537 |
| ACCRUED POST-RETIREMENT BENEFITS | $137,264 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,488,083 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $50,353,787 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,678,408 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $18,537 | OtherRevenueAmt |
| Revenue Not Reported | $2,696,945 | RevenueNotReportedAmt |
| Revenue Subtotal | $47,656,842 | RevenueSubtotalAmt |
| Other Revenues Not Included | $24,545,910 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $24,545,910 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $72,202,752 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $49,181,445 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $18,537 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $18,537 | ExpensesNotReportedAmt |
| Expenses Subtotal | $49,162,908 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $24,545,910 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $24,545,910 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $73,708,818 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | INTENDED USE OF ENDOWMENT FUNDS: ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE EDUCATIONAL AND RESEARCH ACTIVITIES OF THE COLLEGES. |
| PART X, LINE 2: | FINANCIAL STATEMENTS FOOTNOTE RELATED TO UNCERTAIN TAX POSITIONS: THE COLLEGE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGEMENT OCCURS. THE COLLEGE HAS NO FEDERAL OR STATE INFORMATIONAL RETURNS THAT ARE CURRENTLY UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS") OR STATE AUTHORITIES. HOWEVER, FISCAL YEARS 2011 AND LATER REMAIN SUBJECT TO EXAMINATION BY THE IRS AND NEW YORK STATE. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 18,537. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP EXPENSES 24,545,910. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 18,537. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP EXPENSES 24,545,910. |
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 | THE SAGE COLLEGES' RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED ON THE FIRST PAGE OF THE ANNUAL PUBLICATION OF THE COLLEGES' CATALOG AND IS RUN ANNUALLY IN THE LOCAL NEWSPAPER. |
| SCHEDULE E, PART I, LINE 6 | THE COLLEGES AND THEIR STUDENTS RECEIVE FINANCIAL AID FROM FEDERAL AND STATE GOVERNMENTAL AGENCIES UNDER VARIOUS PROGRAMS. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| POLARIS PHILANTHROPY GROUP | ||||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | COUNSEL ON FUNDRAISING PROCEDURES/STRATEGIES | 0 | $5,226,005 | $166,250 | $5,059,755 |
| STOCKADE CONSULTING GROUP INC | ||||||||
| 650 FRANKLIN ST STE 502 | SCHENECTADY | NY | 12305 | COUNSEL FOR PHONE SOLICITATION AND BACK-UP | 0 | $100,191 | $35,548 | $64,643 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $5,326,196 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $201,798 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $5,124,398 | TotalNetToOrganizationAmt |
| Licensed States | NY | LicensedStatesCd |
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 | 1826 | RecipientCnt |
| Cash Grant | $24,545,910 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I LINE 2 | FormAndLineReferenceDesc |
| Explanation | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: EACH GRANT IS ASSIGNED A GRANTS ADMINISTRATOR WHO MONITORS ALL EXPENDITURES TO ENSURE FUNDS ARE USED IN ACCORDANCE WITH GRANTOR POLICIES AND REGULATIONS. IN ADDITION, AN ACCOUNTANT IS ASSIGNED TO RECORD AND REPORT ALL GRANT REVENUES AND EXPENDITURES TO THE GRANT ADMINISTRATOR AND GRANTOR ON A REGULAR BASIS. | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUSAN C SCRIMSHAW | ||||||||||||||
| PRESIDENT | $311,807 | $0 | $0 | $0 | $0 | $0 | $12,750 | $0 | $41,586 | $0 | $366,143 | $0 | $0 | $0 |
| TERRENCE WEINER | ||||||||||||||
| INTERIM PROVOST | $177,893 | $0 | $0 | $0 | $0 | $0 | $8,055 | $0 | $1,200 | $0 | $187,148 | $0 | $0 | $0 |
| DANIEL LUNDQUIST | ||||||||||||||
| VP MKTG & ENROLLMENT MGMT | $166,091 | $0 | $0 | $0 | $0 | $0 | $8,265 | $0 | $0 | $0 | $174,356 | $0 | $0 | $0 |
| MELISSA KOMORA | ||||||||||||||
| VP INSTITUTIONAL ADVANCEME | $142,407 | $0 | $0 | $0 | $0 | $0 | $6,904 | $0 | $7,633 | $0 | $156,944 | $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/PERSONAL SERVICES: THE COLLEGES PROVIDE PRESIDENT SCRIMSHAW WITH A HOME IN TROY AND REQUIRE ITS USE AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE COLLEGES. THE TOTAL ESTIMATED VALUE OF THE ANNUAL USE OF THE RESIDENCE IS $50,000 OF WHICH $33,500 IS ESTIMATED TO BE THE VALUE OF PERSONAL USE AND IS REPORTED AS A NONTAXABLE BENEFIT IN FORM 990, PART VII AND SCHEDULE J, PART II. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | M&T BANK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | VP FINANCE PETER HUGHES' BROTHER BRIAN HUGHES IS A VP OF M&T BANK | RelationshipDescriptionTxt |
| Transaction | $165,089 | TransactionAmt |
| Transaction | OWED TO M&T BANK ON LINE OF CREDIT $5,600,000 AT 3.9% INTEREST; INTEREST PAID IN REPORTING PERIOD $165,089. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 31 | ContributionCnt |
| Noncash Contributions Rpt F990 | $294,667 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | DAY'S HIGH/LOW AVG | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | 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 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 OF ORGANIZATIONAL DOCUMENTS TO THE PUBLIC: ANNUAL INFORMATION RETURNS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | ACCREDITATION FEES: PROGRAM SERVICE EXPENSES 36,534. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,534. CONSULTANT FEES: PROGRAM SERVICE EXPENSES 157,500. MANAGEMENT AND GENERAL EXPENSES 12,690. FUNDRAISING EXPENSES 6,223. TOTAL EXPENSES 176,413. OTHER FEES: PROGRAM SERVICE EXPENSES 7,094,966. MANAGEMENT AND GENERAL EXPENSES 444,227. FUNDRAISING EXPENSES 16,006. TOTAL EXPENSES 7,555,199. |