Nonprofit · EIN 14-1338488
RUSSELL SAGE COLLEGE
Tax-exempt · TROY, NY 12180
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $96,937,929 | $87,302,917 | $9,635,012 | $123,661,185 | $26,433,097 | $97,228,088 |
| June 30, 2024 | 990 | $75,843,599 | $71,682,268 | $4,161,331 | $106,307,119 | $21,230,113 | $85,077,006 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $17,451,735
- of which government grants
- $2,222,170
- Program service revenue
- $76,286,536
- Investment income
- $3,164,858
- Net rental income
- $34,800
- Net gain from sales of assets
- $2,221,469
- Other revenue
- $34,800
Expenses
- Grants and similar amounts paid
- $27,843,275
- Other salaries and wages
- $25,996,109
- Salaries, compensation and benefits (total)
- $32,750,340
- Professional fundraising fees
- $0
- Legal fees
- $169,338
- Accounting fees
- $145,873
- Occupancy
- $2,077,951
- Travel
- $443,561
- Depreciation
- $3,324,285
- Program services (functional)
- $75,039,437
- Management and general (functional)
- $11,437,560
- Fundraising (functional)
- $825,920
Balance sheet and other
- Total assets, start of year
- $106,307,119
- Total assets, end of year
- $123,661,185
- Total liabilities, end of year
- $26,433,097
- Net assets, end of year
- $97,228,088
- Land, buildings and equipment
- $48,427,800
- Publicly traded securities
- $29,025,357
- Net assets without donor restrictions
- $42,974,614
- Net assets with donor restrictions
- $54,253,474
- Gross receipts
- $111,957,768
- Employees
- 1,249
- Volunteers
- 25
- Year formed
- 1916
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTOPHER AMES | FORMER PRESIDENT - THRU JULY 2024 Trustee or director, Officer | 40 | $354,376 | $73,037 |
| THERESA HAND | PROVOST Officer | 40 | $189,090 | $23,456 |
| FREDERICK BARTHELMAS | VP FIN/TREASURER Officer | 40 | $199,744 | $9,945 |
| MATTHEW SHAFTEL | PRESIDENT - AS OF JULY 2024 Trustee or director, Officer | 40 | $177,963 | $7,642 |
| KATHLEEN LESKO | VP OF ENROLLMENT MANAGEMENT Officer | 40 | $165,488 | $3,825 |
| PATRICIA CELLEMME | VP OF STUDENT LIFE Officer | 40 | $102,329 | $47,970 |
| PETER STAPLETON | ASST PROVOST FOR STRATEGIC INITIATIVES Highest-paid employee | 40 | $114,278 | $33,398 |
| ANDREA REHN | DEAN OF TROY & ALBANY CAMPUS Highest-paid employee | 40 | $125,682 | $21,156 |
| KATHRYN ADAMS | FORMER VP INSTITUTIONAL ADVANCEMENT Officer | 40 | $144,007 | $2,490 |
| ERICA A CARLO | DIRECTOR OF MIS AND IT Highest-paid employee | 40 | $105,585 | $34,094 |
| DANIEL CHRISTOPHER | SR DIRECTOR OF MAJOR GIFTS Highest-paid employee | 40 | $124,993 | $7,194 |
| MARYJO VALENTINE | ASSOC VP FINANCE Highest-paid employee | 40 | $124,090 | $5,751 |
| JOHN BENNETT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THERESE BENTLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUDY CAMPISI | TRUSTEE Trustee or director | 1 | $0 | $0 |
22 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER DAHL | TRUSTEE Trustee or director | 1 | $0 |
| CAROLINE DECOTA | CHAIR OF BOT Trustee or director, Officer | 1 | $0 |
| KATHRYN DIAMOND | TRUSTEE Trustee or director | 1 | $0 |
| JULIA GREENSTEIN | TRUSTEE Trustee or director | 1 | $0 |
| CATHERINE HILL | TRUSTEE Trustee or director | 1 | $0 |
| BELINDA HILTON | TRUSTEE Trustee or director | 1 | $0 |
| ALEXANDRA JUPIN | TRUSTEE Trustee or director | 1 | $0 |
| JAMES KELLERHOUSE | TRUSTEE Trustee or director | 1 | $0 |
| JOAN MARTIN | TRUSTEE Trustee or director | 1 | $0 |
| JEFF MIREL | TRUSTEE Trustee or director | 1 | $0 |
| NICOLE NEWMAN | TRUSTEE Trustee or director | 1 | $0 |
| CHESTER OPALKA | TRUSTEE Trustee or director | 1 | $0 |
| TAMMY PARSONS | TRUSTEE Trustee or director | 1 | $0 |
| EBONY POMPEY-CONWAY | TRUSTEE Trustee or director | 1 | $0 |
| STACEY ROWLAND | TRUSTEE Trustee or director | 1 | $0 |
| RONNYE SHAMAM | TRUSTEE Trustee or director | 1 | $0 |
| PATRICIA SPARRELL | TRUSTEE Trustee or director | 1 | $0 |
| ALBERT SZESNAT | TRUSTEE Trustee or director | 1 | $0 |
| ROBIN TAUBIN | TRUSTEE Trustee or director | 1 | $0 |
| NANCY VALLEY | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTINE WARD | TRUSTEE Trustee or director | 1 | $0 |
| BENITA ZAHN | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 36 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTOPHER AMES | PRESIDENT Trustee or director, Officer | 40 | $322,442 | $97,828 |
| FREDERICK BARTHELMAS | VP FIN/TREASURER Officer | 40 | $199,744 | $9,945 |
| THERESA HAND | PROVOST Officer | 40 | $184,461 | $23,225 |
| KATHRYN ADAMS | VP INSTITUTIONAL ADVANCEMENT Officer | 40 | $153,107 | $4,425 |
| PATRICIA CELLEMME | VP OF STUDENT LIFE Officer | 40 | $99,811 | $48,037 |
| ANDREA REHN | DEAN SCHOOL OF MANAGEMENT Highest-paid employee | 40 | $125,792 | $20,674 |
| THOMAS W NESBITT | VP OF ENROLLMENT MANAGEMENT Officer | 40 | $133,782 | $6,455 |
| ERICA A CARLO | DEAN OF HEALTH SCIENCE Highest-paid employee | 40 | $106,112 | $34,059 |
| MARYJO VALENTINE | ASSOC VP FINANCE Highest-paid employee | 40 | $121,810 | $9,484 |
| DANIEL CHRISTOPHER | SR DIRECTOR OF MAJOR GIFTS Highest-paid employee | 40 | $116,775 | $6,786 |
| JOHN R HARRIS | ASST DIR/SYSTEM ENGINEER IT Highest-paid employee | 40 | $100,414 | $5,000 |
| JOHN BENNETT MD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THERESE BENTLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUDITH CAMPISI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEANNE MARIE CIOPPA-MOSCA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER C DAHL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHERYN DIAMOND | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JULIA GREENSTEIN-BLEICHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CATHERINE HILL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BELINDA HILTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALEXANDRA JUPIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES KELLERHOUSE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFF MIREL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NICOLE NEWMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH ONSLOW | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHESTER J OPALKA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EBONY POMPEY-CONWAY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STACY ROWLAND | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RONNYE SHAMAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATRICIA TIMPANO SPARRELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALBERT SZESNAT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBIN LIVINGSTON TAUBIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NANCY VALLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRISTINE WERNER WARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BENITA ZAHN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROLINE LEAVITT DECOTA | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 65 1ST ST, TROY, NY 12180-4013
- Principal officer (990 for 2024)
- FREDERICK BARTHELMAS, 65 1ST STREET, TROY, NY 12180
- Signed the 990
- FREDERICK BARTHELMAS, VP FINANCE/ADMINISTRATION
- Phone
- (518) 244-2200
- Website
- SAGE.EDU
- Return prepared by
- BONADIO & CO LLP
Mission
TO CULTIVATE, INSPIRE, AND TRANSFORM OUR STUDENTS IN A NURTURING, YET CHALLENGING, EDUCATIONAL ENVIRONMENT TO BECOME THE MANAGERS AND LEADERS ORGANIZATIONS NEED RIGHT NOW.
Program accomplishments
- COLLEGIATE EDUCATION OF STUDENTSExpenses $75,039,437 · grants $27,843,275 · revenue $78,943,331
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1338488
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1945
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $123,661,185
- Income (IRS master file)
- $111,957,768
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $96,937,929 | $87,302,917 | $123,661,185 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $75,843,599 | $71,682,268 | $106,307,119 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $71,697,720 | $71,222,188 | $99,631,146 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1338488).
Questions about RUSSELL SAGE COLLEGE
- What is the EIN of RUSSELL SAGE COLLEGE?
- The employer identification number (EIN) of RUSSELL SAGE COLLEGE is 14-1338488.
- Is RUSSELL SAGE COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1945.
- Are donations to RUSSELL SAGE COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RUSSELL SAGE COLLEGE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RUSSELL SAGE COLLEGE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RUSSELL SAGE COLLEGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RUSSELL SAGE COLLEGE?
- The 990 for the year ended June 30, 2025 names FREDERICK BARTHELMAS.
- Who are the officers and directors of RUSSELL SAGE COLLEGE?
- The 990 for the year ended June 30, 2025 lists 37 people; 12 received compensation from the organization, the highest $354,376 (CHRISTOPHER AMES, FORMER PRESIDENT - THRU JULY 2024).
- How much revenue does RUSSELL SAGE COLLEGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $96,937,929, expenses of $87,302,917 and total assets of $123,661,185 at year end.
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- SUSAN ODELL TAYLOR SCHOOL FOR CHILDREN EIN 14-1805402 · last filed 990 for 2025
- NEW YORK STATE NETWORK FOR YOUTH SUCCESS INC EIN 13-3841114 · last filed 990 for 2024
- TAU EPSILON PHI FRATERNITY EIN 47-2384115 · last filed 990 for 2025
- TECH VALLEY CENTER OF GRAVITY INCORPORATED EIN 90-0922584 · last filed 990 for 2024