2026-02-12T16:05:40-06:00 2025-03-31 333303535 EFPR ADVISORY LLC 100 SOUTH CLINTON AVE SUITE 1500 ROCHESTER NY 14604 990 2025-01-01 161388214 THE CORN HILL WATERFRONT & NAVIGATION FOUNDATION CORN 5856625748 280 EXCHANGE BLVD ROCHESTER NY 14608 PATRICK RUSSELL-WALSH EXECUTIVE DIRECTOR 5856625748 2026-01-28 1 1 CHRISTOPHER JOHNSTON P00896198 5854278900 2026-01-28 2024 2025-03-06 01:10:19Z PATRICK RUSSELL-WALSH 280 EXCHANGE BLVD ROCHESTER NY 14608 43415 0 X WWW.CORNHILLNAV.ORG X 1990 NY TO FOSTER THE IMPROVEMENT AND SUSTAINABILITY OF THE ERIE CANAL AND GENESEE RIVER. 13 13 0 21 0 0 243800 42834 621944 381 0 0 1491 200 867235 43415 0 0 0 0 363551 47256 0 0 7906 326397 48862 689948 96118 177287 -52703 962756 884686 491506 466139 471250 418547 X CORN HILL WATERFRONT & NAVIGATION FOUNDATION IS A 501(C)(3) EDUCATIONAL ORGANIZATION WITH THE MISSION OF ENGAGING PEOPLE OF ALL AGES AND BACKGROUNDS IN ON-THE-WATER LEARNING EXPERIENCES, AT THE SAME TIME FOSTERING THE PRESERVATION AND IMPROVEMENT OF THE ERIE CANAL AND GENESEE RIVER FOR CURRENT AND FUTURE GENERATIONS. 0 0 34907 581 DURING THE SHORT YEAR JANUARY 1 THROUGH MARCH 31, 2025, CORN HILL NAVIGATION DID NOT RUN ANY PROGRAMS. INSTEAD, THE ORGANIZATION WORKED EXTENSIVELY ON PLANNING ITS UPCOMING SEASON, UPDATING SCHEDULES AND INTRODUCING NEW ITEMS TO THE MIX.TYPICALLY, CORN HILL NAVIGATION OPERATES TWO VESSELS - SAM PATCH AND RIVERIE. THE VESSELS SERVE PASSENGERS ON TICKETED CRUISES WITH GUIDED NARRATION ABOUT THE IMPORTANCE OF OUR WATERWAYS AND THE CRITICAL ROLE THEY PLAYED IN OUR REGIONAL AND NATIONAL DEVELOPMENT. SINCE ITS FOUNDING IN 1991, HUNDREDS OF THOUSANDS OF PEOPLE OF ALL AGES AND BACKGROUNDS HAVE EXPERIENCED THE ERIE CANAL AND GENESEE RIVER ABOARD CORN HILL NAVIGATION'S VESSELS. 34907 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X PATRICK RUSSELL-WALSH EXECUTIVE DIRECTOR 5856625748 280 EXCHANGE BLVD ROCHESTER NY 14608 X ASHLEY FICO DIRECTOR 2.00 X 0 0 0 PATRICIA DONOGHUE SECRETARY 5.00 X X 0 0 0 LISA WING CHAIR 20.00 X X 0 0 0 THOMAS HACK TREASURER 5.00 X X 0 0 0 JULIA CURTIS VICE CHAIR 3.00 X X 0 0 0 FRANCES GOTCSIK DIRECTOR 4.00 X 0 0 0 ROGER BROWN DIRECTOR 3.00 X 0 0 0 LYNN BUEHLMAN DIRECTOR 2.00 X 0 0 0 KIM CREVELLING DIRECTOR 4.00 X 0 0 0 DAVID CARPENTER VICE CHAIR 4.00 X X 0 0 0 SANDRA SIMPSON DIRECTOR 2.00 X 0 0 0 HENRY MCCARTNEY DIRECTOR 2.00 X 0 0 0 FREDERIC FOLSOM DIRECTOR 3.00 X 0 0 0 PATRICK RUSSELL-WALSH EXECUTIVE DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 0 0 42834 42834 TOUR AND CHARTERS 900099 381 381 381 OTHER INCOME 900099 200 200 200 43415 581 0 0 24000 9360 10800 3840 19174 7358 8556 3260 4082 1581 1830 671 3858 3858 5078 5078 1568 1568 5504 303 5201 11340 11340 10092 10092 TELEPHONE AND UTILITIES 7300 7300 MISCELLANEOUS 3200 3200 TRAINING & PROGRAM EXPE 625 625 VESSEL EXPENSES 162 162 135 135 96118 34907 53305 7906 223591 161449 36088 960494 237257 703077 723237 962756 884686 20810 17634 389757 387732 80939 60773 491506 466139 X 471250 418547 471250 418547 962756 884686 -52703 0 X X 1 X 0 1 0 X 31925 134747 426522 142991 42834 779019 75671 197871 237324 382356 381 893603 107596 332618 663846 525347 43215 1672622 0 0 0 1672622 40 41 57 138 40 41 57 138 29000 31857 1453 3769 200 66279 136636 364516 665356 529116 43415 1739039 0.96180 0.96670 0.00010 0.00010 X PART III, SHORT YEAR EXPLANATION: THE CURRENT YEAR REPORTED COVERS THE SHORT YEAR JANUARY 1 THROUGH MARCH 31, 2025. THE FOUNDATION'S BOARD OF DIRECTORS APPROVED A CHANGE TO THE FISCAL YEAR END FROM DECEMBER 31 TO MARCH 31. THE FOUNDATION IS CHANGING ITS YEAR END TO BETTER ALIGN WITH THE SEASONAL OPERATION OF ITS VESSELS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43909 4228 39681 916585 233029 683556 723237 ADVANCED DEPOSITS AND GIFT CERTIFICATES 60773 60773 X PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH ASC 740-10-50, THE FOUNDATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT THE FOUNDATION IS CURRENTLY OPERATING IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THEREFORE, NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS HAS BEEN INCLUDED ON THE FOUNDATION'S FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS FIRST REVIEWED BY THE BOARD OF DIRECTORS AUDIT COMMITTEE. SUBSEQUENTLY, ALL BOARD MEMBERS RECEIVE THE FORM 990 ELECTRONICALLY FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REVIEW BY THE EXECUTIVE COMMITTEE AND ON A CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE RECOMMENDS A COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR, AND THE BOARD OF DIRECTORS APPROVES AN ANNUAL BUDGET THAT REFLECTS PROPOSED COMPENSATION FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ITS FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC DURING THE YEAR UPON REQUEST. FORM 990, PART XII, LINE 2C: THE FINANCE AND AUDIT COMMITEES REVIEW THE FINANCIAL STATEMENTS THAT ARE PRESENTED TO THE BOARD FOR FINAL APPROVAL.