2019-04-08T17:26:38-05:00 2018-06-30 141555429 UHY ADVISORS NY INC 4 TOWER PLACE EXECUTIVE PARK 7TH FLOOR ALBANY NY 12203 990 2017-07-01 141338488 THE SAGE COLLEGES SAGE 5182442200 65 1ST STREET TROY NY 12180 FREDERICK BARTHELMAS VP FINANCE/TREASURER 5182442200 2019-03-25 1 JAMES DANIELS P00603621 5184493166 2019-03-25 209.99.101.4 2019-03-25 13:14:35 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 DBB1770E5BF41117A4D9F80E1EF0406F52D43DB9 2017 2019-02-21 02:37:17Z DR CHRISTOPHER AMES 65 1ST STREET TROY NY 12180 90348357 0 X N/A X 1916 NY COLLEGIATE EDUCATION OF STUDENTS. 25 24 1492 358 0 0 6093117 5894050 61302909 59210336 765416 687911 133594 160971 68295036 65953268 20002019 19087956 0 0 31852237 29251865 0 0 760765 21071991 18685908 72926247 67025729 -4631211 -1072461 96321399 94184664 38744466 36676146 57576933 57508518 COLLEGIATE EDUCATION OF STUDENTS. 0 0 59717343 19087956 59210336 COLLEGIATE EDUCATION OF STUDENTS. 59717343 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 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 1 216 0 1 1492 1 0 0 0 0 0 1 1 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 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 CARRIE HILLENBRANDT TRUSTEE 1.00 X 0 0 0 BELINDA HILTON TRUSTEE 1.00 X 0 0 0 PAUL JAECKLE TRUSTEE 1.00 X 0 0 0 JAMES JONES TRUSTEE 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 TAMMY PARSONS 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 ROBERT ZEMSKY TRUSTEE 1.00 X 0 0 0 CHRISTOPHER AMES PRESIDENT (FROM 7/2017) 40.00 X X 143115 0 61715 KATHRYN ADAMS VP INSTITUTIONAL ADVANCEMENT 40.00 X 115565 0 3149 FREDERICK BARTHELMAS VP FIN/TREASURER 40.00 X 89518 0 0 SUSAN BEATTY PROVOST 40.00 X 188814 0 15542 PATRICIA CELLEMME VP STUDENT LIFE 40.00 X 95144 0 33966 MELISSA KOMORA VP INSTITUTIONAL ADVANCEME 40.00 X 168065 0 28535 LOUIS G MARCOCCIA ACTING VP FIN/TREASURER 40.00 X 215364 0 0 REHNUMA WAHAB VP OF ENROLLMENT MNGMT 40.00 X 75451 0 7052 DEIRDRE ZARRILLO VP ADMIN & PLANNING 40.00 X 125966 0 0 KIM FREDERICKS DEAN SCHOOL OF MANAGEMENT 40.00 X 119080 0 12995 THERESA HAND DEAN OF HEALTH SCIENCE 40.00 X 112126 0 12735 DEBORAH LAWRENCE DEAN OF RSC 40.00 X 108008 0 3201 JOHN J PELIZZA DEAN OF SCHOOL OF EDUCATIONS 40.00 X 103365 0 25424 JEAN E DAHLGREN DEAN OF SCA 40.00 X 100053 0 21290 SUSAN C SCRIMSHAW FORMER PRESIDENT/SABBATICAL 40.00 X 331968 0 32498 2091602 0 258102 12 1 1 0 UNIVERSITY HEIGHTS ASSOCIATES 130 NEW SCOTLAND AVE ALBANY NY 12208 SECURITY STAFF & SHUTTLE DRIVES 867102 THE LEARNING HOUSE 427 SOUTH FOURTH STREET AUITE 300 LOUISVILLE KY 40202 CONSULTING 228512 WHITEMAN OSTERMAN & HANNA LLP ONE COMMERCE PLAZA 99 WASHINGTON A ALBANY NY 12260 LEGAL 224125 THE LAMAR COMPANIES 5321 CORPORATE BLVD BATON ROUGE LA 70808 ADVERTISING AGENCY 107455 UHY LLP 4 TOWER PLACE EXECUTIVE PARK 7TH ALBANY NY 12203 ACCOUNTING 105199 5 2047860 3846190 1332727 5894050 TUITION & FEES 611710 52222114 52222114 AUXILIARY ENTERPRISES 611710 6666499 6666499 OTHER SOURCES 900099 250534 250534 PARKING 812930 38018 38018 TRANSCRIPTS 611710 33171 33171 59210336 396346 396346 168791 7820 160971 160971 160971 24652592 26242 24323054 64215 329538 -37973 291565 291565 65953268 59210336 0 848882 19087956 19087956 1681426 415968 1044738 220720 21988844 19458926 2264988 264930 3903640 2946505 816530 140605 1677955 1412802 232113 33040 175396 175396 139675 139675 1850927 1394903 407797 48227 189845 9924 179921 1731056 1630835 100221 451355 400004 35118 16233 1014842 987168 27674 3317240 3317240 709745 572018 137251 476 STUDENT DINING SERVICES 2349247 2349247 STUDENT HOUSING EXPENSE 1588225 1588225 OPERATION & MAINTENANCE 1026471 1022989 3088 394 SECURITY EXPENSE 968642 968642 3173242 2153991 983111 36140 67025729 59717343 6547621 760765 2462391 1794526 3205218 3381270 2398388 1799179 2172993 2005836 104292199 58704031 49427937 45588168 20810553 21682122 14674697 15451603 1169222 2481960 96321399 94184664 5926882 5852712 3787522 3904365 11222211 10609823 12930386 12460272 4877465 3848974 38744466 36676146 X 25190723 22940018 10860755 11825244 21525455 22743256 57576933 57508518 96321399 94184664 -1072461 1004046 0 X 0 1 X 1 1 1 X 5458172 8050796 5870464 6093117 5894050 31366599 5458172 8050796 5870464 6093117 5894050 31366599 4758173 26608426 419819 319831 526406 522534 565137 2353727 33720326 320380368 0.78910 0.79820 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. 35098560 1386849 1936916 1445344 36976981 32264345 2728185 3187052 3081022 35098560 30626246 2916045 -581469 696477 32264345 30473876 425933 506523 780086 30626246 27234092 1688333 3251286 1699835 30473876 0.21880 0.60800 0.17320 0 0 6776733 6776733 81007126 44006973 37000153 16331472 14697058 1634414 176868 176868 45588168 WEATHERLOW OFFSHORE I 2441374 F DRAKE OFFSHORE LP 1539552 F STEPSTONE PE PTNRS OFFSHORE II 595095 F AUDA SECONDARY III FEEDER 685559 F S&Z FUND SERVICES LLC (ACK) 1944934 F SEG PARTNERS OFFSHORE LTD 2155702 F ARES MANAGEMENT LTD 1068172 F COMMON STOCKS 3551086 F HAWK RIDGE 1470129 F 15451603 ASSET RETIREMENT OBLIGATION 2160189 U.S. GOVERNMENT ADVANCES 1688785 3848974 X 47877178 1004046 7820 1011866 46865312 19087956 19087956 65953268 47945593 7820 7820 47937773 19087956 19087956 67025729 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 7,820. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSES 19,087,956. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 7,820. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSES 19,087,956. 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. 1 STUDENT SCHOLARSHIPS 1536 19087956 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 (FROM 7/2017) 143115 0 0 0 0 0 0 0 61715 0 204830 0 0 0 SUSAN BEATTY PROVOST 188814 0 0 0 0 0 4950 0 10592 0 204356 0 0 0 MELISSA KOMORA VP INSTITUTIONAL ADVANCEME 168065 0 0 0 0 0 4625 0 23910 0 196600 0 0 0 LOUIS G MARCOCCIA ACTING VP FIN/TREASURER 215364 0 0 0 0 0 0 0 0 0 215364 0 0 0 SUSAN C SCRIMSHAW FORMER PRESIDENT/SABBATICAL 331968 0 0 0 0 0 8388 0 24110 0 364466 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 15 1332727 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. CHARITABLE REMAINDER TRUST (1) INVESTMENT NY T 1.00000 0 POOLED LIFE INCOME FUND (1) INVESTMENT NY T 1.00000 0 GIFT ANNUITY FUND (1) INVESTMENT NY T 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0