Nonprofit · EIN 22-3106737
ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC
Tax-exempt · ROCHESTER, NY 14607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $3,775,811 | $3,914,356 | -$138,545 | $5,358,418 | $53,911 | $5,304,507 |
| March 31, 2024 | 990 | $4,162,831 | $4,457,596 | -$294,765 | $5,444,725 | $1,673 | $5,443,052 |
| March 31, 2023 | 990 | $3,128,482 | $3,478,607 | -$350,125 | $5,760,315 | $754 | $5,759,561 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $3,549,256
- Program service revenue
- $0
- Investment income
- $226,555
- Net gain from sales of assets
- -$4,417
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,668,850
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,000
- Program services (functional)
- $3,668,850
- Management and general (functional)
- $245,506
Balance sheet and other
- Total assets, start of year
- $5,444,725
- Total assets, end of year
- $5,358,418
- Total liabilities, end of year
- $53,911
- Net assets, end of year
- $5,304,507
- Net assets with donor restrictions
- $5,304,507
- Gross receipts
- $4,934,023
- Employees
- 0
- Volunteers
- 28
- Year formed
- 1991
- 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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SIMEON BANISTER | PRESIDENT AND CEO Officer | 2 | $0 | $312,105 | $16,407 |
| AMY S VARS CPA | SENIOR VP AND CFO Officer | 2 | $0 | $247,491 | $12,795 |
| SUJATHA RAMANUJAN MD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MARK A EIDLIN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DENISHEA R ORTIZ | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TODD BUTLER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMES H NORMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANN H MCMULLEN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FLOR M COLON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DR WILLIAM M VALENTI | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ARLINE L BAYO SANTIAGO ESQ | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FRANCIS J CLEMENT | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| R SCOTT BURDETT | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALYSSA S WHITFIELD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ABIGAIL J BENNETT | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROB GALLINA | MEMBER Trustee or director | 1 | $0 |
| ABIGAIL A REINHARD | MEMBER Trustee or director | 1 | $0 |
| CAROLYN G NUSSBAUM ESQ | COUNSEL Trustee or director, Officer | 1 | $0 |
| DAVID R FERRIS ESQ | CHAIR Trustee or director, Officer | 1 | $0 |
| DAVID P VENISKEY CPA | MEMBER Trustee or director | 1 | $0 |
| ANN H STEVENS | MEMBER Trustee or director | 1 | $0 |
| FRED A BEER | MEMBER Trustee or director | 1 | $0 |
| ADAM P ANOLIK | TREASURER Trustee or director, Officer | 1 | $0 |
| THOMAS C MITCHELL | MEMBER Trustee or director | 1 | $0 |
| PATRICK CUNNINGHAM | MEMBER Trustee or director | 1 | $0 |
| MOLLENE B BENISON CPA | MEMBER Trustee or director | 1 | $0 |
| THOMAS S RICHARDS | MEMBER Trustee or director | 1 | $0 |
| LANGSTON MCFADDEN ESQ | MEMBER Trustee or director | 1 | $0 |
| GAY MILLS | MEMBER Trustee or director | 1 | $0 |
| BARBARA MULLEN | MEMBER Trustee or director | 1 | $0 |
990 for the year ended March 31, 2024: 29 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SIMEON BANISTER | PRESIDENT AND CEO Officer | 2 | $0 | $288,482 | $15,201 |
| AMY S VARS CPA | SENIOR VP AND CFO Officer | 2 | $0 | $219,851 | $11,367 |
| PATRICK CUNNINGHAM | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS C MITCHELL | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ADAM P ANOLIK | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| FRED A BEER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANN H STEVENS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD J RIEDMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAVID P VENISKEY CPA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAVID R FERRIS ESQ | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CAROLYN G NUSSBAUM ESQ | COUNSEL Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ABIGAIL A REINHARD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ROB GALLINA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MOLLENE B BENISON CPA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ABIGAIL J BENNETT | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| R SCOTT BURDETT | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FRANCIS J CLEMENT | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ARLINE L BAYO SANTIAGO ESQ | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DR WILLIAM M VALENTI | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FLOR M COLON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ANN H MCMULLEN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMES H NORMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TODD BUTLER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DENISHEA R ORTIZ | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GINA A CUYLER MD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MARK A EIDLIN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SUJATHA RAMANUJAN MD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALYSSA S WHITFIELD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS S RICHARDS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended March 31, 2023: 30 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JENNIFER LEONARD | PRESIDENT AND CEO Officer | 2 | $0 | $587,333 | $28,524 |
| SIMEON BANISTER | PRESIDENT AND CEO Officer | 2 | $0 | $235,144 | $12,200 |
| AMY S VARS CPA | SENIOR VP AND CFO Officer | 2 | $0 | $206,598 | $10,694 |
| PATRICK CUNNINGHAM | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS C MITCHELL | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ADAM P ANOLIK | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FRED A BEER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANN H STEVENS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD J RIEDMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAVID P VENISKEY CPA | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAVID R FERRIS ESQ | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CAROLYN G NUSSBAUM ESQ | COUNSEL Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ABIGAIL A REINHARD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MICHELLE A HUTCHINSON ESQ | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MOLLENE B BENISON CPA | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ABIGAIL J BENNETT | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| R SCOTT BURDETT | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FRANCIS J CLEMENT | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ARLINE L BAYO SANTIAGO ESQ | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DR WILLIAM M VALENTI | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FLOR M COLON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ANN H MCMULLEN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMES H NORMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TODD BUTLER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DENISHEA R ORTIZ | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GINA A CUYLER MD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MARK A EIDLIN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SUJATHA RAMANUJAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALYSSA S WHITFIELD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS S RICHARDS | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 500 EAST AVENUE, ROCHESTER, NY 14607-1949
- In care of
- % ROCHESTER AREA FOUNDATION INC
- Principal officer (990 for 2024)
- SIMEON BANISTER, 500 EAST AVENUE, ROCHESTER, NY 14607
- Signed the 990
- SIMEON BANISTER, PRESIDENT AND CEO
- Phone
- (585) 271-4100
- Website
- WWW.RACF.ORG
- Return prepared by
- BONADIO & CO LLP
Mission
TO PROVIDE GRANTS TO 501(C)(3) PUBLIC CHARITIES EXEMPT UNDER IRC SECTION 509(A)(1),(2) OR (3) WHEREBY DONORS CHOOSE ORGANIZATIONS BASED ON CHARITABLE, EDUCATIONAL OR COMMUNITY PURPOSES IN FURTHERANCE OF THEIR EXEMPT MISSIONS.
Program accomplishments
- TO PROVIDE GRANTS TO 501(C)(3) PUBLIC CHARITIES EXEMPT UNDER IRC SECTION 509(A)(1),(2) OR (3) WHEREBY DONORS CHOOSE ORGANIZATIONS BASED ON CHARITABLE, EDUCATIONAL OR COMMUNITY PURPOSES IN FURTHERANCE OF THEIR EXEMPT MISSIONS. 828 ORGANIZATIONS SERVED DURING THE FISCAL YEAR.Expenses $3,668,850 · grants $3,668,850
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3106737
- 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
- 1991
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $5,358,418
- Income (IRS master file)
- $4,934,023
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $3,775,811 | $3,914,356 | $5,358,418 | XML |
| 990 | March 2024 | $4,162,831 | $4,457,596 | $5,444,725 | XML |
| 990 | March 2023 | $3,128,482 | $3,478,607 | $5,760,315 | XML |
| 990 | March 2022 | $4,355,609 | $2,876,041 | $6,110,219 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | 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 22-3106737).
Questions about ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC
- What is the EIN of ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC?
- The employer identification number (EIN) of ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC is 22-3106737.
- Is ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC 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 ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC?
- The 990 for the year ended March 31, 2025 names SIMEON BANISTER.
- Who are the officers and directors of ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC?
- The 990 for the year ended March 31, 2025 lists 30 people; 0 received compensation from the organization.
- How much revenue does ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $3,775,811, expenses of $3,914,356 and total assets of $5,358,418 at year end.
Other nonprofits in ROCHESTER
- ROCHESTER AREA COMMUNITY FOUNDATION EIN 23-7250641 · last filed 990 for 2025
- ESL CHARITABLE FOUNDATION INC EIN 82-0548352 · last filed 990-PF for 2025
- UNITED WAY OF GREATER ROCHESTER AND THE FINGER LAKES INC EIN 16-1015782 · last filed 990 for 2025
- MAX AND MARIAN FARASH CHARITABLE FOUNDATION EIN 22-2948675 · last filed 990-PF for 2024
- GREATER ROCHESTER HEALTH FOUNDATION EIN 13-4301222 · last filed 990-PF for 2024
- JEWISH COMMUNITY FEDERATION OF GREATER ROCHESTER NY INC EIN 16-0868942 · last filed 990 for 2025
- ROBERT OWEN LEHMAN FOUNDATION INC EIN 46-0787425 · last filed 990-PF for 2024
- MUCCI FAMILY FOUNDATION EIN 92-2880400 · last filed 990-PF for 2025
All nonprofits in ROCHESTER · New York · Philanthropy, voluntarism and grantmaking foundations