GREATER ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

GREATER ROCHESTER CHAMBER OF COMMERCE FOUNDATION INC

EIN 16-1104636 · Education (B20J)

What they do

THE COMPANYS PURPOSE is TO:A. PROMOTE, SUPPLEMENT, and ENRICH THE EDUCATION and WELFARE of STUDENTS IN THE ROCHESTER, NEW YORK AREA; B. PROMOTE, SUPPLEMENT, and ENRICH THE STUDY of SCIENCE and MATHEMATICS BY HIGH SCHOOL and JUNIOR HIGH SCHOOL STUDENTS IN THE ROCHESTER, NEW YORK AREA;C. PROVIDE TRAINING and RELATED ASSISTANCE and SUPPORTIVE SERVICE to ADULT WORKERS, EMPLOYED, UNEMPLOYED, and UNEMPLOYABLE PERSONS, INCLUDING THOSE FROM ECONOMICALLY DISADVANTAGED AREAS of MONROE COUNTY, IN ORDER to INCREASE THEIR SELF-SUFFICIENCY, IMPROVE WORK COMPETENCIES, and MAXIMIZE JOB OPPORTUNITIES; ANDD. SUPPORT THE CHARITABLE ACTIVITIES of OTHER ORGANIZATIONS and COMMUNITY INITIATIVES THAT PROMOTE ECONOMIC DEVELOPMENT IN THE GREATER ROCHESTER AREA of NEW YORK.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.50 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 leaders7 people are listed in the latest report.

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

Money made simple

35.06%of revenue went to mission work89.5% of expenses · Program services

0.79%of revenue went to fundraising2.0% of expenses

$39.16spent for every $100 of revenueRevenue covered expenses this year.

3.31%of revenue went to management and office costs8.5% of expenses

$2.42in assets for every $1 spent this yearSome assets cannot be spent right away.

96.6%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 $48,661 for ROBERT DUFFY (PRESIDENT & CEO). 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$5,657,134

Mission workProgram services$1,983,49735.06% of revenue89.5% of expenses

ManagementOffice and general costs$187,1893.31% of revenue8.5% of expenses

FundraisingAsking for donations$44,4920.79% of revenue2.0% of expenses

Revenue left after expensesReported annual surplus$3,441,95660.84% of revenueShown in gray on the chart

Total expenses$2,215,17839.16% 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: 89.5% mission · 8.5% management · 2.0% fundraisingTotal expenses: 39.16% of revenue

2023Expense mix: 93.3% mission · 4.7% management · 2.0% fundraisingTotal expenses: 172.13% of revenue

2022Expense mix: 87.7% mission · 8.3% management · 4.0% fundraisingTotal expenses: 89.18% of revenue

2021Expense mix: 96.9% mission · 3.1% management · 0.0% fundraisingTotal expenses: 210.03% of revenue

2020Expense mix: 89.0% mission · 11.0% management · 0.0% fundraisingTotal expenses: 104.89% of revenue

2019Expense mix: 81.6% mission · 18.4% management · 0.0% fundraisingTotal expenses: 22.78% of revenue

2018Expense mix: 74.4% mission · 25.6% management · 0.0% fundraisingTotal expenses: 8.06% of revenue

2017Expense mix: 67.0% mission · 33.0% management · 0.0% fundraisingTotal expenses: 97.64% of revenue

Money in and money out

Revenue$5,657,134

Expenses$2,215,178

Annual surplus $3,441,956 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)$1,983,497 · 89.5% of expenses

Management and office costs$187,189 · 8.5% of expenses

Fundraising$44,492 · 2.0% of expenses

See all reported dollar amounts

Revenue$5,657,134

Expenses$2,215,178

Assets$5,363,513

Income$5,657,134

Contributions$5,463,802

Mission work (program services)$1,983,497

Fundraising$44,492

Management and general$187,189

Accounting fees$3,975

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

ROBERT DUFFYPRESIDENT & CEO · 1 hrs/week $48,661Base · Other $48,661

CHRISTYNE HUERTACHIEF FINANCIAL OFFICER · 1 hrs/week $22,859Base · Other $22,859

KATHY RICHMONDSR. DIRECTOR · 1 hrs/week $4,391Base · Other $4,391

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 (7)

ROBERT DUFFYPRESIDENT & CEO

CHRISTYNE HUERTACHIEF FINANCIAL OFFICER

KATHY RICHMONDSR. DIRECTOR

FAHEEM MASOODBOARD MEMBER

MARTIN MUCCIBOARD MEMBER

ROBERT S SANDSCHAIRMAN

SUSAN HOLLIDAYBOARD MEMBER

About this charity

Recognized since: January 1978
Location: 250 CLINTON SQ, ROCHESTER, NY 14604-1701
County: Monroe
In care of: CHRISTYNE HUERTA
Primary officer: CHRISTYNE HUERTA, CFO

How to reach them

WebsiteVisit the charity’s website Phone(585) 244-1800

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BONADIO & CO LLP
NTEE classification: Education (B20J)
IRS tax category: Other Grantmaking and Giving Services