UNIVERSITY OF ROCHESTER Charity Report

Public IRS 990 nonprofit record

UNIVERSITY OF ROCHESTER

EIN 16-0743209 · Education (B430)

What they do

THE PROVISION of HIGHER EDUCATION IN THE LIBERAL ARTS and SCIENCES, MEDICINE and DENTISTRY, NURSING and MUSIC; RESEARCH; and CHARITABLE PATIENT CARE SERVICES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders74 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

95.40%of revenue went to mission work96.4% of expenses · Program services

0.80%of revenue went to fundraising0.8% of expenses

$98.91spent for every $100 of revenueRevenue covered expenses this year.

2.72%of revenue went to management and office costs2.7% of expenses

$1.43in assets for every $1 spent this yearSome assets cannot be spent right away.

8.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $3,216,424 for GEORGE M ALFIERIS MD (PROFESSOR - CARDIAC SURGERY M&D). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,415,541,241

Mission workProgram services$6,120,223,16295.40% of revenue96.4% of expenses

ManagementOffice and general costs$174,435,9972.72% of revenue2.7% of expenses

FundraisingAsking for donations$51,147,2710.80% of revenue0.8% of expenses

Revenue left after expensesReported annual surplus$69,734,8111.09% of revenueShown in gray on the chart

Total expenses$6,345,806,43098.91% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 96.4% mission · 2.7% management · 0.8% fundraisingTotal expenses: 98.91% of revenue

2023Expense mix: 96.3% mission · 2.8% management · 0.9% fundraisingTotal expenses: 98.03% of revenue

2022Expense mix: 95.9% mission · 3.2% management · 0.8% fundraisingTotal expenses: 98.57% of revenue

2021Expense mix: 95.9% mission · 3.2% management · 0.9% fundraisingTotal expenses: 96.16% of revenue

2020Expense mix: 95.2% mission · 3.9% management · 0.9% fundraisingTotal expenses: 90.31% of revenue

2019Expense mix: 95.2% mission · 3.8% management · 1.0% fundraisingTotal expenses: 98.83% of revenue

2018Expense mix: 93.9% mission · 5.1% management · 1.0% fundraisingTotal expenses: 96.30% of revenue

2017Expense mix: 93.9% mission · 5.1% management · 1.0% fundraisingTotal expenses: 97.91% of revenue

Money in and money out

Revenue$6,415,541,241

Expenses$6,345,806,430

Annual surplus $69,734,811 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,120,223,162 · 96.4% of expenses

Management and office costs$174,435,997 · 2.7% of expenses

Fundraising$51,147,271 · 0.8% of expenses

See all reported dollar amounts

Revenue$6,415,541,241

Expenses$6,345,806,430

Assets$9,066,505,710

Income$7,018,769,229

Contributions$541,015,265

Mission work (program services)$6,120,223,162

Fundraising$51,147,271

Management and general$174,435,997

Stocks and bonds$891,114,053

Accounting fees$1,422,971

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GEORGE M ALFIERIS MDPROFESSOR - CARDIAC SURGERY M&D · 85 hrs/week $3,216,424Base $2,866,454 · Other $349,970

TARUN BHALLA MDPROFESSOR - NEUROSURGERY · 85 hrs/week $2,536,955Base $2,462,832 · Other $74,123

DAVID LINEHAN MDSVP, DEAN SMD, CEO URMC · 80 hrs/week $2,490,218Base $2,268,785 · Other $221,433

MATTHEW T BENDER MDPROFESSOR - NEUROSURGERY · 80 hrs/week $2,164,347Base $2,118,323 · Other $46,024

MICHAEL D MALONEY MDPROFESSOR - ORTHOPAEDICS M&D · 86 hrs/week $2,117,874Base $2,047,496 · Other $70,378

ILYA VOLOSHIN MDPROFESSOR - ORTHOPAEDICS M&D · 60 hrs/week $1,931,416Base $1,864,780 · Other $66,636

SARAH C MANGELSDORFTRUSTEE, PRES & CEO · 80 hrs/week $1,803,590Base $1,637,764 · Other $165,826

STEVEN I GOLDSTEINPRES SYSTEM INTEG, URMC · 55 hrs/week $1,591,441Base $1,408,233 · Other $183,208

KATHLEEN PARRINELLOPRES/CEO SMH & HH,SRVP URMC · 65 hrs/week $1,464,961Base $1,294,505 · Other $170,456

MICHAEL F ROTONDO MDCEO URMFG, SR VP URMC · 55 hrs/week $1,436,618Base $1,325,055 · Other $111,563

DOUGLAS W PHILLIPSSRVP & CHIEF INVESTMENT OFFICER · 62 hrs/week $1,097,539Base $1,035,248 · Other $62,291

ADAM P ANOLIKCFO URMC · 55 hrs/week $1,026,081Base $861,000 · Other $165,081

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (74)

GEORGE M ALFIERIS MDPROFESSOR - CARDIAC SURGERY M&D

TARUN BHALLA MDPROFESSOR - NEUROSURGERY

DAVID LINEHAN MDSVP, DEAN SMD, CEO URMC

MATTHEW T BENDER MDPROFESSOR - NEUROSURGERY

MICHAEL D MALONEY MDPROFESSOR - ORTHOPAEDICS M&D

ILYA VOLOSHIN MDPROFESSOR - ORTHOPAEDICS M&D

SARAH C MANGELSDORFTRUSTEE, PRES & CEO

STEVEN I GOLDSTEINPRES SYSTEM INTEG, URMC

KATHLEEN PARRINELLOPRES/CEO SMH & HH,SRVP URMC

MICHAEL F ROTONDO MDCEO URMFG, SR VP URMC

DOUGLAS W PHILLIPSSRVP & CHIEF INVESTMENT OFFICER

ADAM P ANOLIKCFO URMC

MICHAEL J APOSTOLAKOS MDCMO, SMH & HH, VP URMC

THOMAS J FARRELLSRVP & CHIEF ADVANCEMENT OFFICER

DAVID FIGLIOPROVOST (THRU 8/24)

ELIZABETH A MILAVECEVP ADM & FIN, CFO, TREASURER

MARK B TAUBMAN MDFMR SRVP HEALTH, CEO URMC, DEAN SMD

DONNA GOODEN PAYNEVP AND GENERAL COUNSEL

CARRIE P FULLER-SPENCERCFO SMH, HH, LTC & ASSOC VP URMC

STEPHEN DEWHURSTVP FOR RESEARCH

NICOLE SAMPSONPROVOST&CHIEF ACADEMIC OFF (EFF 8/24)

PETER G ROBINSONVP GOVT & COMM REL (THRU 3/25)

SHAUN NELMSVP FOR COMM PARTNERSHIPS & SP ADVISOR

KATHLEEN GALLUCCIVP & CHIEF HR OFFICER

JULIE MYERSVP FOR IT AND CIO

ROBERT L CLARKPROF, FRMR PROVOST, SVP RESEARCH

PAGE HETZELVP FOR MKTNG & COMM

JOHN BLACKSHEARVP FOR STUDENT LIFE

ADRIENNE MORGANVP FOR ENG & ENRICHMENT

SARAH E PEYREVICE DEAN OF ED, SMD, FRMR INTERIM PROVOST

ANTHONY GREENVP ACAD FIN & PLNG, FRMR BD SECY

ERIN KANEFMR INTERIM VP COMM

JOSHUA FARRELMANVP OF GOVERNMENT RELATIONS (EFF 4/25

JACK S BAILEYFMR SECY TO BRD TRUSTEES

LEA NORDHAUSSECY BOARD OF TRUSTEES

NAOMI M BERGMANTRUSTEE

TYLER ZACHEMTRUSTEE (EFF 05/2025)

TIMOTHY C WENTWORTHTRUSTEE

STEVEN K GRINSPOON MDTRUSTEE

SARA E NAINZADEHTRUSTEE (EFF 05/2025)

RICHARD B HANDLERTRUSTEE (CHAIR)

RIA NOVATRUSTEE

STEPHEN R BIGGAR MD PHDTRUSTEE

NAVEEN NATARAJTRUSTEE

STEVEN F PIAKERTRUSTEE

QUINCY L ALLENTRUSTEE

PRAMIT SHASHIKANY JHAVERITRUSTEE

LAURENCE KESSLERTRUSTEE (THRU 05/2025)

ALAN S ZEKELMANTRUSTEE

AMY LESCHTRUSTEE

BARBARA J BURGERTRUSTEE

BERNARD T FERRARI MDTRUSTEE (THRU 05/2025)

CAROL D KARPTRUSTEE (VICE CHAIR)

CATHY E MINEHANTRUSTEE

CURTIS J JOHNSONTRUSTEE

DAVID ROY GREENBAUMTRUSTEE

DAWNE S HICKTONTRUSTEE (EFF 05/2025)

DOUGLAS BENNETTTRUSTEE

EDWARD D MILLER MDTRUSTEE (THRU 05/2025)

ELIZABETH LEIGHTTRUSTEE

ELIZABETH WARDTRUSTEE

ELIZABETH P BRUNOTRUSTEE

EMERSON U FULLWOODTRUSTEE

EVANS Y LAMTRUSTEE

GWEN MELTZER GREENETRUSTEE (THRU 05/2025)

H CHRISTOPHER BOEHNINGTRUSTEE

JAY S BENETTRUSTEE

JOAN S BEALTRUSTEE

JOSEPH W ABRAMSTRUSTEE

JUAN C JONESTRUSTEE

JUDITH REINSDORFTRUSTEE

KATHY N WALLERTRUSTEE

KENNETH OURIELTRUSTEE (EFF 05/2025)

LIZETTE M PEREZ-DEISBOECKTRUSTEE

About this charity

Recognized since: January 1934
Location: BOX 278893, ROCHESTER, NY 14627-0000
County: Monroe
In care of: % ELIZABETH A MILAVEC
Primary officer: ELIZABETH MILAVEC, EVP ADMIN & FIN, CFO

How to reach them

WebsiteVisit the charity’s website Phone(585) 275-2800

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BONADIO & CO LLP
NTEE classification: Education (B430)