2011-03-12T11:15:51-08:00 2010-04-30 CUSACK & COMPANY CPAS LLC 7 AIRPORT PARK BLVD LATHAM NY 12110 990 2009-05-01 141338488 THE SAGE COLLEGES SAGE 5182442200 45 FERRY STREET TROY NY 121804003 PETER HUGHES 5182442200 2011-03-11 KENNETH B CLAFLIN CPA 5187863550 X 2009 2016-02-24 21:20:13Z PETER HUGHES 45 FERRY STREET TROY NY 12180 69357554 false X N/A X 1916 NY COLLEGIATE EDUCATION OF STUDENTS 22 21 1477 0 0 5290387 5769050 44829677 54417637 -512420 43112 124677 67824 49732321 60297623 13118365 19004202 0 26010992 25463735 0 1974759 17169878 18982562 56299235 63450499 -6566914 -3152876 84148079 86546234 40444763 41461436 43703316 45084798 COLLEGIATE EDUCATION OF STUDENTS false false 57270125 19004202 54417637 COLLEGIATE EDUCATION OF STUDENTS. 57270125 true false false false false false false false true true true false true false false false false false false false false false true true false false false false false false true false false false false false false false false false false true 146 0 true 1477 true false false false false false true true false false false false false false 22 21 false false false false false false false true true false false true true true true true true true true false X PETER HUGHES 5182442095 45 FERRY STREET TROY NY 121804003 SUSAN SCRIMSHAW 40.00 X X X 311148 0 0 JANE ALTES 1.00 X 0 0 0 KEVIN BETTE 1.00 X 0 0 0 DONNA ESTEVES 1.00 X 0 0 0 MARILYN MILLER FOWLER 1.00 X 0 0 0 ALAN GOLDBERG 1.00 X 0 0 0 EILEEN WITZMAN GOLDBLATT 1.00 X 0 0 0 BARRY ILBERMAN 1.00 X 0 0 0 KAREN JOHNS 1.00 X 0 0 0 JANET JONES 1.00 X 0 0 0 ALEXANDRA JUPIN 1.00 X 0 0 0 FREDERICK MILLER 1.00 X 0 0 0 JAMES MORLEY 1.00 X 0 0 0 CHESTER OPALKA 1.00 X 0 0 0 DEANE PFEIL 1.00 X 0 0 0 JAMES REED 1.00 X 0 0 0 SUSAN RICHTER 1.00 X 0 0 0 FAITH RUBIN 1 X TIP SIMONS 1 X ROBIN LIVINGSTON TAUBIN 1 X CHARLOTTE TRACY 1 X LAURA THALMANN WARNER 1 X MELISSA KOMARA 40 X 87373 DANIEL LUNDQUIST 40 X 184622 DEIRDRE ZARRILLO 40 X 118472 PETER HUGHES 40 X 109698 811313 4 false true false SODEXO OPERATIONS LLC BOX 81049 WOBURN MA 01813 FOOD SERVICE 1992172 MAGGS ASSOCIATES 501 STATE ST SCHENECTADY NY 12305 INSURANCE AGENT 647976 UNIVERSITY HIEGHTS ASSOCIATION SUITE B222 84 HOLLAND AVENUE ALBANY NY 12208 SHUTTLE SERVICE 862222 BAST HATFIELD INC 1399 VISCHERS FERRY ROAD CLIFTON PARK NY 12065 CONTRACTOR 1551217 ZONE 5 INC 25 MONROE STREET ALBANY NY 12210 PRINTING/ADVERTISING 597726 44 2741869 3027181 5769050 TUITION & FEES 611710 49252406 49252406 AUXILIARY ENTERPRISES 611710 4867335 4867335 PARKING 812930 60500 60500 TRANSCRIPTS 611710 28862 28862 OTHER SOURCES 900099 208534 208534 54417637 1015378 1015378 88300 20476 67824 67824 67824 8067189 9039455 -972266 -972266 -972266 60297623 54417637 110936 19004202 19004202 420846 0 420846 0 20309461 17910021 1231711 1167729 1123866 1027938 89591 6337 2055504 1558067 296487 200950 1554058 1342634 123885 87539 212112 15029 197083 0 97641 3658 90083 3900 88300 0 88300 0 6584900 6014166 329216 241518 385925 376493 7412 2020 2045731 2045731 0 0 706947 585643 74109 47195 955979 955979 0 0 2444600 2444600 0 0 470643 324447 146196 0 SUPPLIES 970864 893494 63055 14315 BOOKS & PERIODICAL 443557 441443 713 1401 BAD DEBTS 263232 329 262903 0 HOSPITALITY 185982 140695 25914 19373 PRINTING 249856 161304 0 88552 2876293 2024252 758111 93930 63450499 57270125 4205615 1974759 1093308 949552 1845804 2496491 3121429 3247874 200710 223844 87074665 36417895 50736806 50656770 17185458 18409619 8717060 9366640 406224 382198 841280 813246 84148079 86546234 5843390 5053867 758204 939465 21020000 15095000 6821168 14414270 6002001 5958834 40444763 41461436 X 23551081 28186553 7516433 3483316 12635802 13414929 43703316 45084798 84148079 86546234 X false true true X false X 0 0 0 0 0 0 24830177 1453779 3562092 1959094 1000749 136148 26750057 31186022 1304704 -6553883 688734 307985 109947 24830177 0.44000 0.50000 0.06000 true false 5764246 5764246 66853392 26215170 40638222 11451853 10202725 1249128 3005174 3005174 50656770 ALTERNATIVE INVESTMENTS 9366640 F 9366640 DEPOSITS HELD BY TRUSTEE 813246 813246 ANNUITIES PAYABLE 308897 ASSET RETIREMENT OBLIGATION 1522212 DEPOSITS HELD FOR OTHERS 171883 LIFE INCOME PAYABLE 402476 U.S. GOVERNMENT ADVANCES 3111592 INTEREST RATE SWAP 250498 ACCRUED POST RETIREMENT BENEFITS 191276 CASH OVERDRAFT 5958834 60297623 63450499 -3152876 4534358 4534358 1381482 45848255 4534358 20476 4554834 41293421 19004202 19004202 60297623 44466773 20476 20476 44446297 19004202 19004202 63450499 Pt XII Line 2d RENTAL EXPENSES NETTED TO REVENUE IN TAX RETURN Pt XII Line 4b SCHOLARSHIP EXPENSES NETTED TO REVENUE IN AUDIT Pt XIII Line 2d RENTAL EXPENSES NETTED TO REVENUE IN TAX RETURN Pt XIII Line 4b SCHOLARSHIP EXPENSES NETTED TO REVENUE IN AUDIT true true true 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. true true true true false false false false false false false false true false true true SCHOLARSHIPS FOR STUDENTS 1203 19004202 Book INSTITUTIONAL AID Pt I Line 2 EACH GRANT IS ASSIGNED A GRANTS ADMINISTRATOR WHO MONITORS ALL EXPENDITURES TO INSURE 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 true true false false false false false false false false false SUSAN SCRIMSHAW 311148 16123 327271 353204 DANIEL LUNDQUIST 184622 15247 199869 182309 PETER HUGHES 109692 9282 118974 DEIDRE ZARRILLO 118472 118472 MELISSA KOMORA 87373 6984 94357 BRIAN HUGHES Brother to CFO B Hughes is a VP at M&T false BRIAN HUGHES Brother to CFO Bank which has loans false BRIAN HUGHES Brother to CFO O/S from the college false Pt VI-B, Line 11A THE DRAFT 990 IS PRESENTED TO THE BOARD FINANCE Pt VI-B, Line 11A COMMITTEE, AUDIT SUB COMMITTEE AND EXECUTIVE COMMITTEE Pt VI-B, Line 11A FOR APPROVAL. IT IS THEN PRESENTED TO THE FULL BOARD Pt VI-B, Line 11A FOR FINAL APPROVAL BEFORE BEING SUBMITTED TO THE IRS. Pt VI-B, Line 12c ANNUALLY, EACH MEMBER OF THE BOARD OF TRUSTEES AND Pt VI-B, Line 12c KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF Pt VI-B, Line 12c INTEREST DISCLOSURE FORM AND INDICATE IF THERE ARE ANY Pt VI-B, Line 12c POTENTIAL CONFLICTS OF INTEREST. THESE ARE REVIEWED Pt VI-B, Line 12c ANNUALLY BY THE BOARD OF TRUSTEES AND THROUGH OUR Pt VI-B, Line 12c EXTERNAL AUDIT PROCESS. Pt VI-B, Line 15 COMPENSATION FOR THE PRESIDENT IS REVIEWED AND Pt VI-B, Line 15 APPROVED BY THE BOARD EXECUTIVE COMMITTEE AND TRUSTEES. Pt VI-B, Line 15 COMPENSATION FOR CABINET MEMBERS ARE REVIEWED AND Pt VI-B, Line 15 APPROVED BY THE PRESIDENT.