RUSSELL SAGE COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- RUSSELL SAGE COLLEGE (EIN 14-1338488)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-03-13
- IRS object ID
- 201300729349300105
- Schema version
- 2011v1.5
- 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 I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-03-13T08:21:58-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141555429 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UHY ADVISORS NY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141338488 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SAGE COLLEGES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SAGE | NameControl |
| Phone | 5182442200 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PETER HUGHES | Name |
| Title | VP FINANCE & ADMINISTRATION | Title |
| Phone | 5182442200 | Phone |
| Date Signed | 2013-02-25 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES P DANIELS | Name |
| PTIN | P00603621 | PTIN |
| Phone | 5184493166 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Name Of Principal Officer Person | SUSAN C SCRIMSHAW | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| 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 | 97798756 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1916 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | COLLEGIATE EDUCATION OF STUDENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1430 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 9442397 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 15118324 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 60891670 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 64984601 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2167458 | InvestmentIncomePriorYear |
| Investment Income Current Year | -185906 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 35968 | OtherRevenuePriorYear |
| Other Revenue Current Year | 46692 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 72537493 | TotalRevenuePriorYear |
| Total Revenue Current Year | 79963711 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 21510675 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 23973375 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 26785984 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 27921897 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2128933 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 18280482 | OtherExpensePriorYear |
| Other Expenses Current Year | 19096062 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 66577141 | TotalExpensesPriorYear |
| Total Expenses Current Year | 70991334 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5960352 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 8972377 | RevenuesLessExpensesCY |
| Total Assets BOY | 85575351 | TotalAssetsBOY |
| Total Assets EOY | 93918265 | TotalAssetsEOY |
| Total Liabilities BOY | 37392033 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 36999052 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 48183318 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 56919213 | NetAssetsOrFundBalancesEOY |
| Mission Description | COLLEGIATE EDUCATION OF STUDENTS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 63787636 | Expense |
| Grants | 27153785 | Grants |
| Revenue | 64984601 | Revenue |
| Description | COLLEGIATE EDUCATION OF STUDENTS. | Description |
| Total Program Service Expense | 63787636 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 188 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 1430 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETER HUGHES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5182442095 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 45 FERRY STREET | AddressLine1 |
| City | TROY | City |
| State | NY | State |
| ZIP Code | 12180 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (33 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| LYNN E ABRAHAM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JUDITH CAMPISI | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ANN DUFFIELD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DONNA ESTEVES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MARILYN MILLER FOWLER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| EILEEN WITZMAN GOLDBLATT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| BARRY ILBERMAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JANET W JONES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| A ALEXANDRA JUPIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| FREDERICK A MILLER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JAMES E MORLEY JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHESTER J OPALKA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JAMES E PROUT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| FAITH DIANE RUBIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SUSAN C SCRIMSHAW | |||||||
| PRESIDENT | 40.00 | X | 311880 | 0 | 53638 | X | |
| RONNYE BERG SHAMAM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LAURA THALMANN WARNER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT ZEMSKY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN BELLARDINI | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JOHN P HICKS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PAULA JAECKLE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DEBORAH ONSLOW | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| NELSON TIP SIMONS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PETER HUGHES | |||||||
| VP FINANCE & TREASURER | 40.00 | 110893 | 0 | 5477 | X | ||
| DEIRDRE ZARRILLO | |||||||
| VP ADMIN & PLANNING | 40.00 | 120030 | 0 | 0 | X | ||
| DANIEL LUNDQUIST | |||||||
| VP MKTG & ENROLLMENT MGMT | 40.00 | 169999 | 0 | 8415 | X | ||
| MELISSA KOMORA | |||||||
| VP INSTITUTIONAL ADVANCEMENT | 40.00 | 132719 | 0 | 8827 | X | ||
| TERRENCE WEINER | |||||||
| INTERIM PROVOST | 40.00 | 176655 | 0 | 9714 | X | ||
| PATRICIA A CELLEMME | |||||||
| VP FOR STUDENT LIFE | 40.00 | 86868 | 0 | 12137 | X | ||
| SAROLTA TAKACS | |||||||
| DEAN SCA | 40.00 | 165561 | 0 | 14801 | X | ||
| LORI QUIGLEY | |||||||
| DEAN SCH OF EDUCATION | 40.00 | 140058 | 0 | 6971 | X | ||
| ESTHER HASKVITZ | |||||||
| DEAN SCH OF HEALTH SCIENCE | 40.00 | 121498 | 0 | 8314 | X | ||
| PATRICIA POHL | |||||||
| PROF & PT CHAIR | 40.00 | 106361 | 0 | 14139 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1642522 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 142433 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SODEXO OPERATIONS LLC | |||||
| BOX 360170 | PITTSBURGH | PA | 15251 | FOOD SERVICE | 2865460 |
| CDPHP | |||||
| 500 PATROON CREEK BLVD | ALBANY | NY | 12206 | BENEFITS ADMINISTRATOR | 2165031 |
| UHCS | |||||
| 100 UNION DRIVE | ALBANY | NY | 12208 | DORM SERVICES | 1436095 |
| MAGGS & ASSOCIATES | |||||
| 501 STATE STREET | SCHENECTADY | NY | 12305 | INSURANCE | 893435 |
| UNIVERSITY HEIGHTS ASSOCIATION | |||||
| 84 HOLLAND AVENUE | ALBANY | NY | 12208 | SHUTTLE & SECURITY SERVICES | 872916 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 26 | NumberOfContractorsGT100K |
| Government Grants | 1285138 | GovernmentGrants |
| All Other Contributions | 13833186 | AllOtherContributions |
| Noncash Contributions | 6083436 | NoncashContributions |
| Total Contributions | 15118324 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611710 | 57336980 | 57336980 |
| AUXILIARY ENTERPRISES | 611710 | 7260078 | 7260078 |
| OTHER SOURCES | 900099 | 280112 | 280112 |
| PARKING | 812930 | 73148 | 73148 |
| TRANSCRIPTS | 611710 | 34283 | 34283 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 64984601 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 199734 | TotalRevenueColumn |
| Exclusion | $199,734 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 74941 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 28249 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 46692 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 46692 | TotalRevenueColumn |
| Exclusion | $46,692 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 17414156 | Securities |
| Other | 7000 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 17715997 | Securities |
| Other | 90799 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -301841 | Securities |
| Other | -83799 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -385640 | TotalRevenueColumn |
| Exclusion | -$385,640 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 79963711 | TotalRevenueColumn |
| Related Or Exempt Function Income | 64984601 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$139,214 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23973375 | Total |
| Program Services | 23973375 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1222224 | Total |
| Management And General | 1222224 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21399740 | Total |
| Program Services | 19559853 | ProgramServices |
| Management And General | 685944 | ManagementAndGeneral |
| Fundraising | 1153943 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 676948 | Total |
| Program Services | 627414 | ProgramServices |
| Management And General | 12519 | ManagementAndGeneral |
| Fundraising | 37015 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2821757 | Total |
| Program Services | 1951646 | ProgramServices |
| Management And General | 530895 | ManagementAndGeneral |
| Fundraising | 339216 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1801228 | Total |
| Program Services | 1561881 | ProgramServices |
| Management And General | 147203 | ManagementAndGeneral |
| Fundraising | 92144 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185181 | Total |
| Management And General | 183947 | ManagementAndGeneral |
| Fundraising | 1234 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 172044 | Total |
| Management And General | 172044 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7291367 | Total |
| Program Services | 6710219 | ProgramServices |
| Management And General | 399325 | ManagementAndGeneral |
| Fundraising | 181823 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 262973 | Total |
| Program Services | 247302 | ProgramServices |
| Fundraising | 15671 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1962048 | Total |
| Program Services | 1669366 | ProgramServices |
| Management And General | 289532 | ManagementAndGeneral |
| Fundraising | 3150 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 587053 | Total |
| Program Services | 467450 | ProgramServices |
| Management And General | 61900 | ManagementAndGeneral |
| Fundraising | 57703 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 662881 | Total |
| Program Services | 662881 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2724926 | Total |
| Program Services | 2724926 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 501551 | Total |
| Program Services | 343998 | ProgramServices |
| Management And General | 157553 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OPERATION & MAINTENANCE | 881845 | 479987 | 397506 | 4352 |
| SPECIAL PROGRAMS | 588076 | 547485 | 10026 | 30565 |
| SUPPLIES | 558295 | 474991 | 67808 | 15496 |
| BOOKS & PERIODICALS | 421051 | 419144 | 514 | 1393 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2296771 | Total |
| Program Services | 1365718 | ProgramServices |
| Management And General | 735825 | ManagementAndGeneral |
| Fundraising | 195228 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70991334 | Total |
| Program Services | 63787636 | ProgramServices |
| Management And General | 5074765 | ManagementAndGeneral |
| Fundraising | 2128933 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1053021 | BOY |
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 952257 | BOY |
| EOY | 731306 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7600354 | BOY |
| EOY | 12579674 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3527669 | BOY |
| EOY | 3894055 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 273058 | BOY |
| EOY | 484593 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 90685483 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 41588263 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48063015 | BOY |
| EOY | 49097220 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13589747 | BOY |
| EOY | 16178627 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9348810 | BOY |
| EOY | 9747553 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 354167 | BOY |
| EOY | 391881 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 813253 | BOY |
| EOY | 813356 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85575351 | BOY |
| EOY | 93918265 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4695333 | BOY |
| EOY | 4979751 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4056526 | BOY |
| EOY | 4034650 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14885000 | BOY |
| EOY | 14175000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8269819 | BOY |
| EOY | 8254296 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5485355 | BOY |
| EOY | 5555355 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37392033 | BOY |
| EOY | 36999052 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17915859 | BOY |
| EOY | 20384722 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18146261 | BOY |
| EOY | 21499943 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12121198 | BOY |
| EOY | 15034548 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48183318 | BOY |
| EOY | 56919213 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85575351 | BOY |
| EOY | 93918265 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 8972377 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -236482 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 20986744 | BeginningOfYearBalance |
| Contributions | 925399 | Contributions |
| Investment Earnings Or Losses | -63555 | InvestmentEarningsOrLosses |
| Other Expenditures | 838780 | OtherExpenditures |
| End Of Year Balance | 21009808 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23239401 | BeginningOfYearBalance |
| Contributions | 1265721 | Contributions |
| Investment Earnings Or Losses | 3074040 | InvestmentEarningsOrLosses |
| Other Expenditures | 6592418 | OtherExpenditures |
| End Of Year Balance | 20986744 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 26750057 | BeginningOfYearBalance |
| Contributions | 628923 | Contributions |
| Investment Earnings Or Losses | -1139579 | InvestmentEarningsOrLosses |
| Other Expenditures | 3000000 | OtherExpenditures |
| End Of Year Balance | 23239401 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24830177 | BeginningOfYearBalance |
| Contributions | 1453779 | Contributions |
| Investment Earnings Or Losses | 3562092 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1959094 | GrantsOrScholarships |
| Other Expenditures | 1000749 | OtherExpenditures |
| Administrative Expenses | 136148 | AdministrativeExpenses |
| End Of Year Balance | 26750057 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.14790 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.65730 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.19480 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5959646 | OtherCostOrOtherBasis |
| Book Value | 5959646 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 70551707 | OtherCostOrOtherBasis |
| Depreciation | 30257722 | Depreciation |
| Book Value | 40293985 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12600807 | OtherCostOrOtherBasis |
| Depreciation | 11330541 | Depreciation |
| Book Value | 1270266 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1573323 | OtherCostOrOtherBasis |
| Book Value | 1573323 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 49097220 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| WEATHERLOW OFFSHORE FUND I LTD | 3351571 | F |
| DRAKE CAPITAL OFFSHORE PARTNERS LP | 2661652 | F |
| CITIGROUP PRIVATE EQUITY PARTNERS OFFSHORE FUND II | 2332343 | F |
| COMMON STOCK | 755767 | F |
| CORPORATE OBLIGATIONS | 581547 | F |
| US GOV & AGENCY & MUNICIPAL OBLIGATIONS | 64673 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 9747553 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (7 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITIES PAYABLE | $268,001 |
| ASSET RETIREMENT OBLIGATION | $1,708,083 |
| DEPOSITS HELD FOR OTHERS | $141,965 |
| LIFE INCOME PAYABLE | $110,772 |
| U.S. GOVERNMENT ADVANCES | $3,150,132 |
| ACCRUED POST RETIREMENT BENEFITS | $162,181 |
| CASH OVERDRAFT | $14,221 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 5555355 | TotalOfAmounts |
| Total Revenue | 79963711 | TotalRevenue |
| Total Expenses | 70991334 | TotalExpenses |
| Excess Or Deficit For Year | 8972377 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -236482 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -236482 | TotalAdjustments |
| Excess Or Deficit Per FS | 8735895 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 55782103 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -236482 | NetUnrealizedGainsInvestments |
| Other Revenues | 28249 | OtherRevenues |
| Revenue Not Rptd F990 | -208233 | RevenueNotRptdF990 |
| Revenue Subtotal | 55990336 | RevenueSubtotal |
| Other Revenues Not Included | 23973375 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 23973375 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 79963711 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 47046208 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 28249 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 28249 | ExpensesNotRptdF990 |
| Expenses Subtotal | 47017959 | ExpensesSubtotal |
| Other Expenses Not Included | 23973375 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 23973375 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 70991334 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE EDUCATIONAL AND RESEARCH ACTIVITIES OF THE COLLEGES. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | 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 JUDGMENT 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 2009 AND LATER REMAIN SUBJECT TO EXAMINATION BY THE IRS AND NEW YORK STATE. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 28,249. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP EXPENSES 23,973,375. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 28,249. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP EXPENSES 23,973,375. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE SAGE COLLEGES RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED ON THE FIRST PAGE OF THE ANNUAL PUBLICATION OF THE COLLEGE'S CATALOG AND IS RUN ANNUALLY IN THE LOCAL NEWSPAPER. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE COLLEGES AND THEIR STUDENTS RECEIVE FINANCIAL AID FROM FEDERAL AND STATE GOVERNMENTAL AGENCIES UNDER VARIOUS PROGRAMS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STUDENT SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 1751 | NumberOfRecipients |
| Amount Of Cash Grant | 23973375 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART I LINE 2 | Identifier |
| Explanation | 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUSAN C SCRIMSHAW | |||||||||||||
| 311880 | 0 | 0 | 0 | 0 | 0 | 12552 | 0 | 41086 | 0 | 365518 | 0 | 0 | 0 |
| DANIEL LUNDQUIST | |||||||||||||
| 169999 | 0 | 0 | 0 | 0 | 0 | 8415 | 0 | 0 | 0 | 178414 | 0 | 0 | 0 |
| TERRENCE WEINER | |||||||||||||
| 176655 | 0 | 0 | 0 | 0 | 0 | 8714 | 0 | 1000 | 0 | 186369 | 0 | 0 | 0 |
| SAROLTA TAKACS | |||||||||||||
| 165561 | 0 | 0 | 0 | 0 | 0 | 8465 | 0 | 6336 | 0 | 180362 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | HOUSING ALLOWANCE/PERSONAL SERVICES: THE COLLEGE PROVIDES PRESIDENT SCRIMSHAW WITH A HOME IN TROY AND REQUIRES ITS USE AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE COLLEGE. 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. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | M&T BANK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | VP FINANCE PETER HUGHES' BROTHER BRIAN HUGHES IS A VP OF M&T BANK | Relationship |
| Amount Of Transaction | 98487 | AmountOfTransaction |
| Description Of Transaction | OWED TO M&T BANK ON LINE OF CREDIT $5,130,000 AT 4% INTEREST; INTEREST PAID IN REPORTING PERIOD $98,487. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 10 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 6083436 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | DAY'S HIGH/LOW AVG | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | 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 | 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 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 | ANNUAL INFORMATION RETURNS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -236,482. | CHANGES IN NET ASSETS OR FUND BALANCES: |