2023-12-15T11:14:14-06:00 2023-06-30 141555429 UHY ADVISORS NY INC 4 TOWER PLACE EXECUTIVE PARK 7TH FLOOR ALBANY NY 12203 990 2022-07-01 141338488 RUSSELL SAGE COLLEGE RUSS 5182442200 65 1ST STREET TROY NY 12180 FREDERICK BARTHELMAS VP FINANCE/ADMINISTRATION 5182442200 2023-11-28 1 FREDERICK BARTHELMAS 999009999 0 JAMES DANIELS P00603621 5184493166 2023-12-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR CHRISTOPHER AMES 65 1ST STREET TROY NY 12180 92287937 0 X N/A X 1916 NY COLLEGIATE EDUCATION OF STUDENTS. 26 25 1241 223 13439 1280 9595020 7721980 62134012 62533327 2494039 1343905 197856 98508 74420927 71697720 25929509 23193040 0 0 26307777 28037999 0 0 651763 19632112 19991149 71869398 71222188 2551529 475532 100657700 99631146 23930069 20207332 76727631 79423814 COLLEGIATE EDUCATION OF STUDENTS. 0 0 60833742 23193040 61900433 COLLEGIATE EDUCATION OF STUDENTS. 60833742 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 194 0 1 1241 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X FREDERICK BARTHELMAS 5182442200 65 1ST STREET TROY NY 12180 JOHN BELLARDINI TRUSTEE 1.00 X 0 0 0 JOHN BENNETT MD TRUSTEE 1.00 X 0 0 0 THERESE BENTLEY TRUSTEE 1.00 X 0 0 0 JUDITH CAMPISI TRUSTEE 1.00 X 0 0 0 JEANNE MARIE CIOPPA-MOSCA TRUSTEE 1.00 X 0 0 0 CHRISTOPHER DAHL TRUSTEE 1.00 X 0 0 0 CAROLINE DECOTA TRUSTEE 1.00 X 0 0 0 KATHERYN M DIAMOND TRUSTEE 1.00 X 0 0 0 ANN DUFFIELD TRUSTEE 1.00 X 0 0 0 FRANCINE EBERSMAN TRUSTEE 1.00 X 0 0 0 JULIA L GREENSTEIN-BLEICHER TRUSTEE 1.00 X 0 0 0 STEVEN HANKS MD TRUSTEE 1.00 X 0 0 0 CATHERINE HILL TRUSTEE 1.00 X 0 0 0 BELINDA HILTON TRUSTEE 1.00 X 0 0 0 ALEXANDRA JUPIN TRUSTEE 1.00 X 0 0 0 JAMES KELLERHOUSE TRUSTEE 1.00 X 0 0 0 JEFF MIREL TRUSTEE 1.00 X 0 0 0 DEBORAH ONSLOW TRUSTEE 1.00 X 0 0 0 CHESTER J OPALKA JR TRUSTEE 1.00 X 0 0 0 TAMMY PARSONS TRUSTEE 1.00 X 0 0 0 EBONY POMPEY-CONWAY TRUSTEE 1.00 X 0 0 0 PATRICIA TIMPANO SPARRELL TRUSTEE 1.00 X 0 0 0 ROBIN LIVINGSTON TAUBIN TRUSTEE 1.00 X 0 0 0 NANCY VALLEY TRUSTEE 1.00 X 0 0 0 CHRISTINE WARD TRUSTEE 1.00 X 0 0 0 BENITA ZAHN TRUSTEE 1.00 X 0 0 0 CHRISTOPHER AMES PRESIDENT 40.00 X X 331026 0 97193 FREDERICK BARTHELMAS VP FIN/TREASURER 40.00 X 196844 0 9795 THERESA HAND PROVOST 40.00 X 168514 0 22410 KATHRYN ADAMS VP INSTITUTIONAL ADVANCEMENT 40.00 X 149637 0 6075 THOMAS W NESBITT VP OF ENROLLMENT MANAGEMENT 40.00 X 165399 0 8824 PATRICIA CELLEMME VP OF STUDENT LIFE 40.00 X 96204 0 5558 KIMBERLY FREDERICKS DEAN SCHOOL OF MANAGEMENT 40.00 X 123544 0 8847 MARYJO VALENTINE ASSOC VP FINANCE 40.00 X 118304 0 8829 DANIEL CHRISTOPHER SR DIRECTOR OF MAJOR GIFTS 40.00 X 115038 0 6769 KATHLEEN KELLY DEAN OF HEALTH SCIENCE 40.00 X 101657 0 5023 DANIEL ALEMU ASSOC PROFESSOR 40.00 X 100086 0 4369 1666253 0 183692 10 0 1 0 UNIVERSITY HEIGHTS ASSOCIATES 130 NEW SCOTLAND AVE ALBANY NY 12208 SECURITY STAFF & SHUTTLE DRIVES 1307873 T MCELLIGOT INC 589 RIVER STREET TROY NY 12180 CONSTRUCTION 499346 ELLUCIAN COMPANY LP 4375 FAIR LAKES COURT FAIRFAX VA 22033 SOFTWARE MAINTENANCE 492786 NEXSTAR BRADCASTING INC PO BOX 743299 ATLANTA GA 30384 ADVERTISING 359000 PAUL DAVIS SYSTEMS OF THE CAPITAL DISTRI 831 RT 67 BLDG 37A BALLSTON SPA NY 12020 CONSTRUCTION 320578 17 2115870 5606110 2258819 7721980 TUITION & FEES 611710 54792972 54792972 AUXILIARY ENTERPRISES 611710 6660079 6660079 OTHER SOURCES 900099 1008180 1008180 TRANSCRIPTS 611710 40284 40284 PARKING 812930 31812 31812 62533327 604690 13439 591251 109940 11432 98508 98508 98508 21318000 20578785 739215 739215 739215 71697720 62533327 13439 1428974 23193040 23193040 1400813 1093942 306446 425 21425809 17998696 3034026 393087 587515 536652 39757 11106 3059176 2406530 551290 101356 1564686 1296903 240465 27318 105818 105818 127020 127020 326825 326825 2184640 1469113 680236 35291 660923 93098 567825 1991510 1630169 360953 388 372639 338565 11809 22265 379912 293140 86658 114 3063421 2400835 653559 9027 912076 42492 869108 476 NEW YORK ARTICLE 13 TAX 250 250 STUDENT DINING SERVICES 2795085 2795085 STUDENT HOUSING EXPENSE 1427210 1427210 OPERATION & MAINTENANCE 1242966 749456 493486 24 4400854 3068816 1281152 50886 71222188 60833742 9736683 651763 8615967 6671803 1544087 1470843 31006 0 2321382 2219783 101749908 57865936 44489497 43883972 22772902 23264472 19733295 20998068 1149564 1122205 100657700 99631146 5320656 3987336 6290668 5252765 7800277 6996137 1453522 759676 3064946 3211418 23930069 20207332 X 39761729 38830772 36965902 40593042 76727631 79423814 100657700 99631146 475532 2220651 0 X 0 1 X 1 1 1 X 5823065 5834671 8025571 9595020 7721980 37000307 5823065 5834671 8025571 9595020 7721980 37000307 1478111 35522196 613781 578544 562755 584345 701191 3040616 24379 47638 11203 83220 40124143 315077079 0.88530 0.90080 X PARTS I AND II/PUBLIC CHARITY STATUS AND SUPPORT SCHEDULE: RUSSELL SAGE COLLEGE QUALIFIES AS A PUBLIC CHARITY AS A SCHOOL DESCRIBED IN INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(II). SCHEDULE A, PART II (SUPPORT SCHEDULE) HAS BEEN COMPLETED TO DEMOSTRATE ELIGIBILITY TO REPORT CONTRIBUTIONS ON SCHEDULE B UNDER THE APPLICABLE SPECIAL RULE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42315628 866256 3207438 1982818 44406504 47498336 370759 -4088437 1465030 42315628 39189797 344302 9642156 1677919 47498336 38937281 1049499 804143 1601126 39189797 36976981 1998330 1462157 1500187 38937281 0.20089 0.58405 0.21506 0 0 6877163 6877163 88363254 53007986 35355268 5762893 4857950 904943 746598 746598 43883972 WEATHERLOW OFFSHORE I 1451823 F STEPSTONE PE PTNRS OFFSHORE II 1957268 F AUDA SECONDARY III FEEDER 253000 F SEG PARTNERS OFFSHORE LTD 3021232 F ARES MANAGEMENT LTD 1854085 F COMMON STOCKS 3103226 F HAWK RIDGE 2835660 F STEELHEAD 2058314 F CORE OPPORTUNITY OFFSHORE 1157220 F MONARCH 1256897 F STEPSTONE PRIV EQ 14146 F CAIS PE VII OFFSHORE 740317 F BREIT (CHARLES SCHWAB) 1294880 F 20998068 ASSET RETIREMENT OBLIGATION 3036445 U.S. GOVERNMENT ADVANCES 174973 3211418 X 50398506 2220651 2220651 48177855 23519865 23519865 71697720 47702323 0 47702323 23519865 23519865 71222188 PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS: ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE EDUCATIONAL AND RESEARCH ACTIVITIES OF THE COLLEGE. PART X, LINE 2: FASB ASC 740 TEXT OF FINANCIAL STATEMENTS FOOTNOTE RELATED TO UNCERTAIN TAX POSITIONS: THE COLLEGE HAS DETERMINED PRIOR TO RECORDING ANY BENEFIT IN THE FINANCIAL STATEMENTS THAT IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITIES, AS REQUIRED BY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ASC. 740. A TAX POSITION IS MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSES 23,193,040. INVESTMENT MANAGEMENT FEES 326,825. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSES 23,193,040. INVESTMENT MANAGEMENT FEES 326,825. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 RUSSELL SAGE COLLEGE'S RACIAL NONDISCRIMINATION POLICY IS INCLUDED ON THE FIRST PAGE OF THE ANNUAL PUBLICATION OF THE COLLEGE'S CATALOG AND IS RUN ANNUALLY IN THE LOCAL NEWSPAPER. SCHEDULE E, PART I, LINE 6 THE COLLEGE AND ITS STUDENTS RECEIVE FINANCIAL AID FROM FEDERAL AND STATE GOVERNMENTAL AGENCIES UNDER VARIOUS PROGRAMS. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 13474834 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 1854085 0 0 0 0 0 0 15328919 0 15328919 0 0 0 0 1 0 PART III ACCOUNTING METHOD: 1 STUDENT SCHOLARSHIPS 509 23193040 PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS IN THE U.S.: ALL GRANTS ARE REVIEWED BY THE OFFICE OF FINANCIAL AFFAIRS; WHEN APPROPRIATE THEY ARE ASSIGNED TO A GRANTS ADMINISTRATOR WHO IS RESPONSIBLE FOR MONITORING ALL EXPENDITURES TO ENSURE THAT FUNDS ARE USED IN ACCORDANCE WITH GRANTOR POLICIES AND REGULATIONS. THE HIGHER EDUCATION EMERGENCY RELIEF GRANTS (HEERF AND HEERF-II) RECEIVED BY THE COLLEGE FOR STUDENTS' FINANCIAL AID AND INSTITUTIONAL AID DUE TO THE EFFECTS OF COVID-19 ARE ADMINISTERED AND MONITORED BY THE OFFICE OF FINANCIAL AFFAIRS, FINANCIAL AID OFFICE AND STUDENT ACCOUNTS OFFICE WITH APPROVAL BY THE COLLEGE'S EXECUTIVE TEAM. ON A MONTHLY BASIS REVENUES AND EXPENSES FOR ALL GRANTS ARE REPORTED TO MANAGEMENT AND GRANT ADMINISTRATORS. X X 1 1 X 0 0 0 0 0 0 0 0 0 CHRISTOPHER AMES PRESIDENT 331026 0 0 0 0 0 15588 0 81605 0 428219 0 0 0 FREDERICK BARTHELMAS VP FIN/TREASURER 196844 0 0 0 0 0 9795 0 0 0 206639 0 0 0 THERESA HAND PROVOST 168514 0 0 0 0 0 8531 0 13879 0 190924 0 0 0 THOMAS W NESBITT VP OF ENROLLMENT MANAGEMENT 165399 0 0 0 0 0 8250 0 574 0 174223 0 0 0 KATHRYN ADAMS VP INSTITUTIONAL ADVANCEMENT 149637 0 0 0 0 0 6075 0 0 0 155712 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE COLLEGE REQUIRES THE PRESIDENT TO LIVE IN A HOUSE ON THE CAMPUS AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE COLLEGE. THE HOUSE IS FURNISHED AND MAINTAINED AT THE COLLEGE'S EXPENSE. THE TOTAL ESTIMATED ANNUAL PERSONAL USE VALUE OF THE RESIDENCE IS $50,000 AND IS INCLUDED IN THE NONTAXABLE BENEFITS REPORTED IN PART VII AND SCHEDULE J. X 13 2258819 DAY'S HIGH/LOW AVG 3 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCEDURE: THE DRAFT FORM 990 IS PRESENTED TO THE BOARD FINANCE COMMITTEE, AUDIT SUB-COMMITTEE AND EXECUTIVE COMMITTEE FOR APPROVAL. IT IS THEN PRESENTED TO THE FULL BOARD FOR FINAL APPROVAL BEFORE BEING SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY PROCEDURES: A CONFLICT OF INTEREST DISCLOSURE IS REQUIRED TO BE COMPLETED ANNUALLY BY EACH TRUSTEE AND EXECUTIVE OFFICER. INDIVIDUALS SUBJECT TO ANY KNOWN, POSSIBLE OR PERCEIVED CONFLICT RECUSE THEMSELVES FROM THE DELIBERATIVE AND DECISION-MAKING PROCESSES IN RESPECT OF MATTERS AFFECTED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCEDURES: COMPENSATION FOR THE PRESIDENT IS REVIEWED AND APPROVED BY THE BOARD EXECUTIVE COMMITTEE AND TRUSTEES. COMPENSATION FOR CABINET MEMBERS IS REVIEWED AND APPROVED BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY TO PUBLIC OF ANNUAL INFORMATION RETURNS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS: THESE ARE PROVIDED UPON REQUEST. UNIVERSITY HEIGHTS ASSOCIATION INC 130 NEW SCOTLAND AVE ALBANY NY 12208 141781912 SHARED SERVICES (SECURITY, TRANSPORTATION, ETC.) NY 501(C)(3) LINE 12A, I 0 CHARITABLE REMAINDER TRUST (1) INVESTMENT NY 0 POOLED LIFE INCOME FUND (1) INVESTMENT NY 0 GIFT ANNUITY FUND (1) INVESTMENT NY 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0