2020-03-17T16:00:22-05:00 2019-06-30 141555429 UHY ADVISORS NY INC 4 TOWER PLACE EXECUTIVE PARK 7TH FLOOR ALBANY NY 12203 990 2018-07-01 141338488 THE SAGE COLLEGES SAGE 5182442200 65 1ST STREET TROY NY 12180 FREDERICK BARTHELMAS VP FINANCE/ADMINISTRATION 5182442200 2020-03-07 1 JAMES DANIELS P00603621 5184493166 2020-03-07 209.99.101.4 2020-03-07 09:11:05 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 93F9E8AA369166CBE647ECEF2B865D792BADA757 2018 2021-01-29 14:40:06Z DR CHRISTOPHER AMES 65 1ST STREET TROY NY 12180 103455393 0 X N/A X 1916 NY COLLEGIATE EDUCATION OF STUDENTS. 25 24 1420 386 -92154 -92404 5894050 5823065 59210336 66558647 687911 2064794 160971 126932 65953268 74573438 19087956 22950099 0 0 29251865 25782124 0 0 670966 18685908 19417073 67025729 68149296 -1072461 6424142 94184664 95364348 36676146 31292086 57508518 64072262 COLLEGIATE EDUCATION OF STUDENTS. 0 0 58903689 22950099 66558647 COLLEGIATE EDUCATION OF STUDENTS. 58903689 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 1 197 0 1 1420 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X FREDERICK BARTHELMAS 5182442200 65 1ST STREET TROY NY 12180 MARY ALTPETER TRUSTEE 1.00 X 0 0 0 JOHN BELLARDINI TRUSTEE 1.00 X 0 0 0 JOHN BENNETT TRUSTEE 1.00 X 0 0 0 THERESE BENTLEY TRUSTEE 1.00 X 0 0 0 JUDY CAMPISI TRUSTEE 1.00 X 0 0 0 JEANNE CIOPPA-MOSCA TRUSTEE 1.00 X 0 0 0 CHRISTOPHER DAHL TRUSTEE 1.00 X 0 0 0 CAROLINE LEAVITT DECOTA TRUSTEE 1.00 X 0 0 0 KATHRYN 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 MARILYN MILLER FOWLER TRUSTEE 1.00 X 0 0 0 EILEEN WITZMAN GOLDBLATT TRUSTEE 1.00 X 0 0 0 JULIA L GREENSTEIN-BLEICHER TRUSTEE 1.00 X 0 0 0 CATHERINE HILL TRUSTEE 1.00 X 0 0 0 BELINDA HILTON TRUSTEE 1.00 X 0 0 0 PAUL JAECKLE TRUSTEE (TO SEP) 1.00 X 0 0 0 KEVIN O'BRYAN 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 KIMBERLY PEREGRIM TRUSTEE 1.00 X 0 0 0 RONNYE BERG SHAMAM TRUSTEE 1.00 X 0 0 0 NELSON TIP SIMONS TRUSTEE 1.00 X 0 0 0 PATRICIA TIMPANO SPARRELL TRUSTEE 1.00 X 0 0 0 NANCY VALLEY TRUSTEE 1.00 X 0 0 0 CHRISTOPHER AMES PRESIDENT 40.00 X X 301484 0 76176 KATHRYN ADAMS VP INSTITUTIONAL ADVANCEME 40.00 X 144386 0 0 FREDERICK BARTHELMAS VP FINANCE/ADMIN 40.00 X 185883 0 0 SUSAN BEATTY PROVOST 40.00 X 150881 0 9946 THERESA HAND PROVOST 40.00 X 132953 0 12495 PATRICIA CELLEMME VP STUDENT LIFE 40.00 X 91683 0 35027 REHNUMA WAHAB VP ENROLLMENT MGMT (TO JUL) 40.00 X 113332 0 6858 SUSAN L REANTILLO INTERIM VP ENROLLMENT MNGMT 40.00 X 68750 0 0 DEIRDRE ZARRILLO VP ADMIN & PLANNING 40.00 X 122463 0 0 KIM FREDERICKS DEAN SCHOOL OF MANAGEMENT 40.00 X 122019 0 12053 DEBORAH LAWRENCE DEAN OF RSC 40.00 X 117100 0 750 JOHN J PELIZZA DEAN OF SCHOOL OF EDUCATIO 40.00 X 104258 0 25676 KATHLEEN KELLY DEAN OF SCHOOL OF HEALTH SCIENCE 40.00 X 106947 0 0 SUSAN C SCRIMSHAW FORMER PRESIDENT 40.00 X 360765 0 18901 2122904 0 197882 12 1 1 0 UNIVERSITY HEIGHTS ASSOCIATES 130 NEW SCOTLAND AVE ALBANY NY 12208 SECURITY STAFF & SHUTTLE DRIVES 1294301 UHY LLP 4 TOWER PLACE EXECUTIVE PARK 7TH ALBANY NY 12203 ACCOUNTING 239324 WHITEMAN OSTERMAN & HANNA LLP ONE COMMERCE PLAZA 99 WASHINGTON A ALBANY NY 12260 LEGAL 157658 3 1810990 4012075 559037 5823065 TUITION & FEES 611710 58395020 58395020 AUXILIARY ENTERPRISES 611710 7707401 7707401 OTHER SOURCES 900099 374759 374759 TRANSCRIPTS 611710 44329 44329 PARKING 812930 37138 37138 66558647 474543 474543 231392 12306 219086 219086 219086 29936114 523786 28504507 365142 1431607 158644 1590251 1590251 PTES INCOME/(LOSSES) 523000 -92154 -92154 -92154 74573438 66558647 -92154 2283880 22950099 22950099 2188618 713727 1242360 232531 20158886 17469185 2422720 266981 1901759 1717689 154316 29754 1532861 1251321 250093 31447 115095 115095 170998 170998 2269697 1678490 544585 46622 183588 3934 179654 1821791 1400837 420572 382 364495 325552 16507 22436 978610 765747 212569 294 3010275 2347403 653841 9031 697854 476573 220682 599 NEW YORK ARTICLE 13 TAX 250 250 STUDENT DINING SERVICES 2865722 2865722 STUDENT HOUSING EXPENSE 1821295 1821295 SECURITY EXPENSE 1059709 826358 230172 3179 4057694 2289757 1740227 27710 68149296 58903689 8574641 670966 1794526 4439920 3381270 3523183 1799179 1319331 2005836 1613324 94260451 50520365 45588168 43740086 21682122 23017397 15451603 15592507 2481960 2118600 94184664 95364348 5852712 4096244 3904365 3154745 10609823 9962437 12460272 10110405 3848974 3968255 36676146 31292086 X 22940018 27543933 11825244 12693172 22743256 23835157 57508518 64072262 94184664 95364348 6424142 139602 0 X 0 1 X 1 1 1 X 8050796 5870464 6093117 5894050 5823065 31731492 8050796 5870464 6093117 5894050 5823065 31731492 5092456 26639036 319831 526406 522534 565137 613781 2547689 34279181 321469270 0.77710 0.78910 X 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36976981 1998330 1462157 1500187 38937281 35098560 1386849 1936916 1445344 36976981 32264345 2728185 3187052 3081022 35098560 30626246 2916045 -581469 696477 32264345 30473876 425933 506523 780086 30626246 0.22190 0.61210 0.16600 0 0 6806929 6806929 81463724 46243263 35220461 5445964 4277102 1168862 543834 543834 43740086 WEATHERLOW OFFSHORE I 491582 F DRAKE OFFSHORE LP 901115 F STEPSTONE PE PTNRS OFFSHORE II 553350 F AUDA SECONDARY III FEEDER 557322 F S&Z FUND SERVICES LLC (ACK) 1594857 F SEG PARTNERS OFFSHORE LTD 1624649 F ARES MANAGEMENT LTD 1452690 F COMMON STOCKS 4102462 F HAWK RIDGE 1576997 F STEELHEAD 1223800 F CORRE OPPORTUNITY OFFSHORE 1294820 F STEPSTONE PEP III 218863 F 15592507 ASSET RETIREMENT OBLIGATION 2199324 U.S. GOVERNMENT ADVANCES 1768931 3968255 X 51775247 139602 12306 151908 51623339 22950099 22950099 74573438 45211503 12306 12306 45199197 22950099 22950099 68149296 PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS: ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE EDUCATIONAL AND RESEARCH ACTIVITIES OF THE COLLEGES. PART X, LINE 2: FIN 48 (ASC 740) TEXT OF 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 12,306. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSES 22,950,099. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 12,306. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSES 22,950,099. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 9818492 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 1452690 0 0 0 0 0 0 11271182 0 11271182 0 0 0 0 1 0 1 STUDENT SCHOLARSHIPS 1680 22950099 PART I, LINE 2: PROCEDURES FOR MONITORING 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. X X 1 1 X 0 0 0 0 0 0 0 0 0 CHRISTOPHER AMES PRESIDENT 301484 0 0 0 0 0 0 0 76176 0 377660 0 0 0 FREDERICK BARTHELMAS VP FINANCE/ADMIN 185883 0 0 0 0 0 0 0 0 0 185883 0 0 0 SUSAN BEATTY PROVOST 150881 0 0 0 0 0 0 0 9946 0 160827 0 0 0 SUSAN C SCRIMSHAW FORMER PRESIDENT 360765 0 0 0 0 0 0 0 18901 0 379666 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE PRESIDENT IS REQUIRED TO LIVE IN A HOME ON THE COLLEGES' TROY CAMPUS WHICH IS FURNISHED AND MAINTAINED AT THE COLLEGES' EXPENSE. THE PRESIDENT'S HOUSING HAS BEEN VALUED AT $50,000 AND IS REPORTED AS A NON-TAXABLE BENEFIT. X 21 559037 DAY'S HIGH/LOW AVG 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