Skip to main content

Nonprofit · EIN 16-1467675

FINGER LAKES AREA COMMUNITY ENDOWMENT

Tax-exempt · CANANDAIGUA, NY 14424

Financials

$4.6M$4.8M2023$5.3M$5.4M2024
Revenue Expenses · by fiscal year end
Financials of FINGER LAKES AREA COMMUNITY ENDOWMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,261,188$5,395,070-$133,882$20,012,115$0$20,012,115
December 31, 2023990$4,562,384$4,770,367-$207,983$20,327,058$0$20,327,058
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,793,891
Program service revenue
$0
Investment income
$1,467,297
Net gain from sales of assets
$673,685
Other revenue
$0

Expenses

Grants and similar amounts paid
$5,331,474
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$5,331,474
Management and general (functional)
$63,596

Balance sheet and other

Total assets, start of year
$20,327,058
Total assets, end of year
$20,012,115
Total liabilities, end of year
$0
Net assets, end of year
$20,012,115
Publicly traded securities
$11,379,444
Net assets without donor restrictions
$2,225,669
Net assets with donor restrictions
$17,786,446
Gross receipts
$9,918,977
Employees
0
Volunteers
9
Year formed
1994
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GEORGE HAMLIN IVADVISORY BOARD/CHAIR (TO 5/14/24)
Trustee or director, Officer
1$0
FRANKLIN HAMLINADVISORY BOARD/PRESIDENT & CEO
Trustee or director, Officer
1$0
GINNY RYANADVISORY BOARD/DIR. OF COMM. ENGAGEMENT
Trustee or director, Officer
1$0
RUSS KENYONADVISORY BOARD/CHAIRPERSON
Trustee or director, Officer
1$0
DEBORAH CULETONADVISORY BOARD (TO 5/14/24)
Trustee or director
1$0
KEN KRAUSADVISORY BOARD
Trustee or director
1$0
MICHAEL STONEADVISORY BOARD
Trustee or director
1$0
TOM HILDEBRANDTADVISORY BOARD
Trustee or director
1$0
NICK COULTERADVISORY BOARD
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
GEORGE W HAMLIN IVADVISORY BOARD
Trustee or director
1$0
FRANK HAMLINADVISORY BOARD
Trustee or director
1$0
RUSS KENYONADVISORY BOARD
Trustee or director
1$0
DEBORAH CULETONADVISORY BOARD
Trustee or director
1$0
GINNY RYANADVISORY BOARD
Trustee or director
1$0
MICHAEL STONEADVISORY BOARD
Trustee or director
1$0
RITA NISCHAL ESQINSTITUTIONAL TRUSTEE
Trustee or director
1$0
KIRSTEN JOHNSONINSTITUTIONAL TRUSTEE
Trustee or director
1$0
SCOTT TRUMBOWERINSTITUTIONAL TRUSTEE
Trustee or director
1$0
BOWEE CLARKINSTITUTIONAL TRUSTEE
Trustee or director
1$0
MOLLY RODRIGUEZINSTITUTIONAL TRUSTEE
Trustee or director
1$0
MEGAN BARKLEYINSTITUTIONAL TRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
72 S MAIN ST, CANANDAIGUA, NY 14424-1905
In care of
% CANANDAIGUA NTL BANK & TRUST CO
Principal officer (990 for 2024)
RUSS KENYON, 72 SOUTH MAIN STREET, CANANDAIGUA, NY 14424
Signed the 990
KURT ROSEN, TRUSTEE
Phone
(585) 394-4260
Return prepared by
WITHUM SMITH & BROWN PC

Mission

THE FINGER LAKES AREA COMMUNITY ENDOWMENT ("COMMUNITY ENDOWMENT") WAS ORGANIZED TO RAISE FUNDS FROM PRIVATE AND PUBLIC SOURCES FOR AREA PHILANTHROPIC PURPOSES AND TO ALLOCATE AND DISTRIBUTE FUNDS TO CHARITABLE ORGANIZATIONS THAT QUALIFY AS EXEMPT UNDER THE LAW, SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW), OR INDIVIDUALS WHO QUALIFY AS SUITABLE BENEFICIARIES UNDER THE LAW.

990 for the year ended December 31, 2024

Program accomplishments

  • DONATIONS WERE MADE TO LOCAL CHARITABLE ORGANIZATIONS ACCORDING TO THE CONTRIBUTORS OR AS THE TRUSTEES DECIDE.
    Expenses $5,331,474 · grants $5,331,474 · revenue $1,467,297

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
16-1467675
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,012,115
Income (IRS master file)
$9,918,977

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,261,188$5,395,070$20,012,115XML
990December 2023$4,562,384$4,770,367$20,327,058XML
990December 2022$4,726,079$5,251,549$20,437,572IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 16-1467675).

Questions about FINGER LAKES AREA COMMUNITY ENDOWMENT

What is the EIN of FINGER LAKES AREA COMMUNITY ENDOWMENT?
The employer identification number (EIN) of FINGER LAKES AREA COMMUNITY ENDOWMENT is 16-1467675.
Is FINGER LAKES AREA COMMUNITY ENDOWMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to FINGER LAKES AREA COMMUNITY ENDOWMENT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FINGER LAKES AREA COMMUNITY ENDOWMENT 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 FINGER LAKES AREA COMMUNITY ENDOWMENT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FINGER LAKES AREA COMMUNITY ENDOWMENT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FINGER LAKES AREA COMMUNITY ENDOWMENT?
The 990 for the year ended December 31, 2024 names RUSS KENYON.
Who are the officers and directors of FINGER LAKES AREA COMMUNITY ENDOWMENT?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does FINGER LAKES AREA COMMUNITY ENDOWMENT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,261,188, expenses of $5,395,070 and total assets of $20,012,115 at year end.

Other nonprofits in CANANDAIGUA

All nonprofits in CANANDAIGUA · New York · Philanthropy, voluntarism and grantmaking foundations