Nonprofit · EIN 23-7250641
ROCHESTER AREA COMMUNITY FOUNDATION
Tax-exempt · ROCHESTER, NY 14607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $64,764,956 | $38,141,014 | $26,623,942 | $510,712,589 | $2,817,571 | $507,895,018 |
| March 31, 2024 | 990 | $47,939,929 | $36,020,652 | $11,919,277 | $490,582,295 | $1,511,100 | $489,071,195 |
| March 31, 2023 | 990 | $42,793,588 | $33,549,993 | $9,243,595 | $444,119,417 | $1,918,749 | $442,200,668 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $33,603,112
- Program service revenue
- $0
- Investment income
- $30,271,344
- Net gain from sales of assets
- $21,593,887
- Net income from fundraising events
- -$12,483
- Other revenue
- $890,500
Expenses
- Grants and similar amounts paid
- $31,620,583
- Compensation of officers, directors and key employees
- $642,953
- Other salaries and wages
- $2,910,137
- Salaries, compensation and benefits (total)
- $4,375,872
- Professional fundraising fees
- $0
- Legal fees
- $30,482
- Accounting fees
- $92,500
- Occupancy
- $246,697
- Travel
- $4,922
- Depreciation
- $37,893
- Program services (functional)
- $33,243,327
- Management and general (functional)
- $3,097,356
- Fundraising (functional)
- $1,800,331
Balance sheet and other
- Total assets, start of year
- $490,582,295
- Total assets, end of year
- $510,712,589
- Total liabilities, end of year
- $2,817,571
- Net assets, end of year
- $507,895,018
- Land, buildings and equipment
- $103,429
- Publicly traded securities
- $275,426,153
- Net assets without donor restrictions
- $494,339,785
- Net assets with donor restrictions
- $13,555,233
- Gross receipts
- $161,083,938
- Employees
- 38
- Volunteers
- 185
- Year formed
- 1972
- 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 | Other / benefits |
|---|---|---|---|---|
| SIMEON BANISTER | PRESIDENT AND CEO Officer | 34 | $312,105 | $16,407 |
| AMY VARS CPA | SENIOR VP AND CFO Officer | 34 | $247,491 | $12,795 |
| ANDREW MULDOON | VP OF PHILANTHROPIC ENGAGEMENT Highest-paid employee | 34 | $195,506 | $24,412 |
| ERIN BARRY | VP OF COMMUNITY PROGRAMS Highest-paid employee | 34 | $154,844 | $31,794 |
| BERTA RIVERA | DIRECTOR OF COMMUNITY PROGRAMS Highest-paid employee | 34 | $128,993 | $30,177 |
| KAREN KOONS | SR. DIRECTOR OF FINANCE Highest-paid employee | 38 | $129,131 | $17,448 |
| NICOLE SCARBOROUGH | SR. FINANCE MANAGER Highest-paid employee | 34 | $112,316 | $5,912 |
| MOLLENE BENISON CPA | MEMBER Trustee or director | 3 | $0 | $0 |
| DR WILLIAM M VALENTI | MEMBER Trustee or director | 1 | $0 | $0 |
| ABIGAIL J BENNETT | MEMBER Trustee or director | 1 | $0 | $0 |
| SUJATHA RAMANUJAN MD | MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES H NORMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK A EIDLIN | MEMBER Trustee or director | 1 | $0 | $0 |
| THOMAS C MITCHELL | MEMBER Trustee or director | 1 | $0 | $0 |
| ANN STEVENS | MEMBER Trustee or director | 1 | $0 | $0 |
20 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| R SCOTT BURDETT | MEMBER Trustee or director | 1 | $0 |
| FRANCIS J CLEMENT | MEMBER Trustee or director | 1 | $0 |
| ADAM P ANOLIK | TREASURER Trustee or director, Officer | 1 | $0 |
| FRED A BEER | MEMBER Trustee or director | 1 | $0 |
| DAVID P VENISKEY CPA | MEMBER Trustee or director | 1 | $0 |
| DAVID R FERRIS ESQ | CHAIR Trustee or director, Officer | 5 | $0 |
| CAROLYN G NUSSBAUM ESQ | COUNSEL Trustee or director, Officer | 3 | $0 |
| ARLINE L BAYO SANTIAGO ESQ | MEMBER Trustee or director | 1 | $0 |
| ROB GALLINA | MEMBER Trustee or director | 1 | $0 |
| FLOR M COLON | SECRETARY Trustee or director, Officer | 1 | $0 |
| ANN H MCMULLEN | MEMBER Trustee or director | 2 | $0 |
| PATRICK CUNNINGHAM | MEMBER Trustee or director | 2 | $0 |
| ALYSSA S WHITFIELD | MEMBER Trustee or director | 1 | $0 |
| TODD BUTLER | MEMBER Trustee or director | 1 | $0 |
| DENISHEA R ORTIZ | MEMBER Trustee or director | 1 | $0 |
| ABIGAIL A REINHARD | 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: 34 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SIMEON BANISTER | PRESIDENT AND CEO Officer | 34 | $288,482 | $15,201 |
| AMY VARS CPA | SENIOR VP AND CFO Officer | 34 | $219,851 | $11,367 |
| ANDREW MULDOON | VP OF PHILANTHROPIC ENGAGE Highest-paid employee | 34 | $154,790 | $20,649 |
| MARY HOLLERAN | SENIOR VP OF COMMUNICATION Highest-paid employee | 34 | $139,476 | $28,634 |
| ERIN BARRY | VICE PRESIDENT, COMMUNITY PROGRAMS Highest-paid employee | 34 | $145,189 | $12,266 |
| BERTA RIVERA | DIRECTOR OF COMMUNITY PROGRAMS Highest-paid employee | 34 | $132,482 | $22,697 |
| KAREN KOONS | SR. DIRECTOR OF FINANCE Highest-paid employee | 38 | $126,616 | $18,929 |
| MOLLENE BENISON CPA | MEMBER Trustee or director | 1 | $0 | $0 |
| DR WILLIAM M VALENTI | MEMBER Trustee or director | 1 | $0 | $0 |
| ABIGAIL J BENNETT | MEMBER Trustee or director | 1 | $0 | $0 |
| SUJATHA RAMANUJAN MD | MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES H NORMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK A EIDLIN | MEMBER Trustee or director | 2 | $0 | $0 |
| THOMAS C MITCHELL | MEMBER Trustee or director | 1 | $0 | $0 |
| ANN STEVENS | MEMBER Trustee or director | 1 | $0 | $0 |
| R SCOTT BURDETT | MEMBER Trustee or director | 2 | $0 | $0 |
| FRANCIS J CLEMENT | MEMBER Trustee or director | 1 | $0 | $0 |
| ADAM P ANOLIK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| FRED A BEER | MEMBER Trustee or director | 1 | $0 | $0 |
| RICHARD J RIEDMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID P VENISKEY CPA | MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID R FERRIS ESQ | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| CAROLYN G NUSSBAUM ESQ | COUNSEL Trustee or director, Officer | 1.5 | $0 | $0 |
| ARLINE L BAYO SANTIAGO ESQ | MEMBER Trustee or director | 1 | $0 | $0 |
| ROB GALLINA | MEMBER Trustee or director | 1 | $0 | $0 |
| GINA CUYLER MD | MEMBER Trustee or director | 1 | $0 | $0 |
| FLOR M COLON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANN H MCMULLEN | MEMBER Trustee or director | 2 | $0 | $0 |
| PATRICK CUNNINGHAM | MEMBER Trustee or director | 1 | $0 | $0 |
| ALYSSA S WHITFIELD | MEMBER Trustee or director | 1 | $0 | $0 |
| TODD BUTLER | MEMBER Trustee or director | 1 | $0 | $0 |
| DENISHEA R ORTIZ | MEMBER Trustee or director | 1 | $0 | $0 |
| ABIGAIL A REINHARD | MEMBER Trustee or director | 1 | $0 | $0 |
| THOMAS S RICHARDS | MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended March 31, 2023: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER LEONARD | PRESIDENT AND CEO Officer | 34 | $587,333 | $28,524 |
| SIMEON BANISTER | PRESIDENT AND CEO Officer | 34 | $235,144 | $12,200 |
| AMY VARS CPA | SENIOR VP AND CFO Officer | 34 | $206,598 | $10,694 |
| ANDREW MULDOON | VP OF PHILANTHROPIC ENGAGE Highest-paid employee | 34 | $152,601 | $18,998 |
| MARY HOLLERAN | SENIOR VP OF COMMUNICATION Highest-paid employee | 34 | $135,288 | $16,869 |
| KAREN KOONS | SR. DIRECTOR OF FINANCE Highest-paid employee | 38 | $123,301 | $17,327 |
| MOLLENE B BENISON CPA | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DR WILLIAM M VALENTI | MEMBER Trustee or director | 1 | $0 | $0 |
| ABIGAIL J BENNETT | MEMBER Trustee or director | 1 | $0 | $0 |
| SUJATHA RAMANUJAN MD | MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES H NORMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK A EIDLIN | MEMBER Trustee or director | 2 | $0 | $0 |
| THOMAS C MITCHELL | MEMBER Trustee or director | 1 | $0 | $0 |
| ANN STEVENS | MEMBER Trustee or director | 1 | $0 | $0 |
| R SCOTT BURDETT | MEMBER Trustee or director | 1 | $0 | $0 |
| FRANCIS J CLEMENT | MEMBER Trustee or director | 1 | $0 | $0 |
| ADAM P ANOLIK | MEMBER Trustee or director | 1 | $0 | $0 |
| FRED A BEER | MEMBER Trustee or director | 1 | $0 | $0 |
| RICHARD J RIEDMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID P VENISKEY CPA | MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID R FERRIS ESQ | MEMBER Trustee or director | 5 | $0 | $0 |
| CAROLYN G NUSSBAUM ESQ | COUNSEL Trustee or director, Officer | 1 | $0 | $0 |
| ARLINE L BAYO SANTIAGO ESQ | MEMBER Trustee or director | 1 | $0 | $0 |
| MICHELLE A HUTCHINSON ESQ | MEMBER Trustee or director | 1 | $0 | $0 |
| GINA CUYLER MD | MEMBER Trustee or director | 1 | $0 | $0 |
| FLOR M COLON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANN H MCMULLEN | MEMBER Trustee or director | 1 | $0 | $0 |
| PATRICK CUNNINGHAM | MEMBER Trustee or director | 1 | $0 | $0 |
| ALYSSA S WHITFIELD | MEMBER Trustee or director | 1 | $0 | $0 |
| TODD BUTLER | MEMBER Trustee or director | 1 | $0 | $0 |
| DENISHEA R ORTIZ | MEMBER Trustee or director | 1 | $0 | $0 |
| ABIGAIL A REINHARD | MEMBER Trustee or director | 1 | $0 | $0 |
| THOMAS S RICHARDS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 500 EAST AVENUE, ROCHESTER, NY 14607-1949
- Principal officer (990 for 2024)
- SIMEON BANISTER, 500 EAST AVENUE, ROCHESTER, NY 146071912
- Signed the 990
- SIMEON BANISTER, PRESIDENT AND CEO
- Phone
- (585) 271-4100
- Website
- WWW.RACF.ORG
- Return prepared by
- BONADIO & CO LLP
Mission
TO BUILD A PERMANENT COMMUNITY ENDOWMENT THAT MEETS THE CURRENT AND CHANGING NEEDS OF THIS REGION THROUGH CREATIVE AND EFFECTIVE PHILANTHROPY.
Program accomplishments
- GRANTS, SCHOLARSHIPS, AND PROGRAM SERVICES ARE DISTRIBUTED PRIMARILY IN THE NEW YORK COUNTIES OF MONROE, WAYNE, ONTARIO, LIVINGSTON, GENESEE, ORLEANS, SENECA AND YATES. ROCHESTER AREA COMMUNITY FOUNDATION ASSISTS LOCAL CITIZENS IN MEETING COMMUNITY NEEDS AND IMPROVING THE REGION'S QUALITY OF LIFE THROUGH A VOLUNTARY POOLING OF THEIR FINANCIAL RESOURCES, TIME, AND ENERGY. PRINCIPAL AREAS OF BENEFIT ARE EDUCATION, HUMAN SERVICES, ARTS AND CULTURE, AND CIVIC IMPROVEMENT. DISTRIBUTIONS WERE MADE TO 1,719 AGENCIES AND INDIVIDUALS.Expenses $33,243,327 · grants $31,620,583
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
- 23-7250641
- 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
- 1972
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $510,712,589
- Income (IRS master file)
- $161,083,938
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $64,764,956 | $38,141,014 | $510,712,589 | XML |
| 990-T | March 2025 | – | – | – | IRS |
| 990 | March 2024 | $47,939,929 | $36,020,652 | $490,582,295 | XML |
| 990-T | March 2024 | – | – | – | IRS |
| 990 | March 2023 | $42,793,588 | $33,549,993 | $444,119,417 | XML |
| 990-T | March 2023 | – | – | – | IRS |
| 990 | March 2022 | $87,623,690 | $32,982,587 | $471,071,689 | IRS |
| 990-T | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990-T | 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 23-7250641).
Questions about ROCHESTER AREA COMMUNITY FOUNDATION
- What is the EIN of ROCHESTER AREA COMMUNITY FOUNDATION?
- The employer identification number (EIN) of ROCHESTER AREA COMMUNITY FOUNDATION is 23-7250641.
- Is ROCHESTER AREA COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to ROCHESTER AREA COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROCHESTER AREA COMMUNITY FOUNDATION 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 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 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?
- The 990 for the year ended March 31, 2025 names SIMEON BANISTER.
- Who are the officers and directors of ROCHESTER AREA COMMUNITY FOUNDATION?
- The 990 for the year ended March 31, 2025 lists 35 people; 7 received compensation from the organization, the highest $312,105 (SIMEON BANISTER, PRESIDENT AND CEO).
- How much revenue does ROCHESTER AREA COMMUNITY FOUNDATION have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $64,764,956, expenses of $38,141,014 and total assets of $510,712,589 at year end.
Other nonprofits in ROCHESTER
- 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
- SANDS FAMILY SUPPORTING FOUNDATION INC EIN 81-0751295 · last filed 990 for 2025
All nonprofits in ROCHESTER · New York · Philanthropy, voluntarism and grantmaking foundations