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Rochester Area Community Foundation Depository Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223106737 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

Overview

What is Rochester Area Community Foundation Depository Inc?

Rochester Area Community Foundation Depository Inc serves as a grant provider, supporting 501(c)(3) public charities exempt under IRC sections 509(a)(1), (2), and (3). The organization allows donors to choose organizations based on charitable, educational, or community purposes, thereby furthering their exempt missions. During the fiscal year, they served 868 organizations. This nonprofit is based in Rochester, New York, specifically at 500 East Avenue.


Official website here: www.racf.org

Is Rochester Area Community Foundation Depository Inc legitimate?

Rochester Area Community Foundation Depository Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester Area Community Foundation Depository Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.racf.org

What is the mission statement of Rochester Area Community Foundation Depository Inc?

The Rochester Area Community Foundation Depository Inc's mission is centered around providing grants to eligible 501(c)(3) public charities. These charities are exempt under sections 509(a)(1), (2), and (3) of the Internal Revenue Code. The foundation allows donors to choose organizations based on charitable, educational, or community purposes, aligning with the organizations' exempt missions. During the fiscal year, they served a total of 868 organizations. The purpose of these grants is to support the charities in furthering their exempt missions.


Official website here: www.racf.org

Who is the CEO of Rochester Area Community Foundation Depository Inc?

Simeon Banister is the Member of Rochester Area Community Foundation Depository Inc. The CEO's salary of Rochester Area Community Foundation Depository Inc is $0 and their total compensation is $247,344.


Official website here: www.racf.org

What is the revenue of Rochester Area Community Foundation Depository Inc?

Rochester Area Community Foundation Depository Inc's revenue in 2023 was $3,128,482.


Official website here: www.racf.org

Who are the executives of Rochester Area Community Foundation Depository Inc and what are their salaries?

Here are 30 key members and their salaries (Rochester Area Community Foundation Depository Inc's CEO's salary is $0 and their total compensation is $247,344):

    Jennifer Leonard (President And Ceo)
  • Compensation: $0
  • Related: $587,333
  • Other: $28,524

    • Simeon Banister (President And Ceo)
  • Compensation: $0
  • Related: $235,144
  • Other: $12,200

    • Amy S Vars Cpa (Senior Vp And Cfo)
  • Compensation: $0
  • Related: $206,598
  • Other: $10,694

    • Patrick Cunningham (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas C Mitchell (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam P Anolik (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred A Beer (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann H Stevens (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard J Riedman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David P Veniskey Cpa (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David R Ferris Esq (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn G Nussbaum Esq (Counsel) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abigail A Reinhard (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle A Hutchinson Esq (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mollene B Benison Cpa (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abigail J Bennett (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Scott Burdett (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francis J Clement (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arline L Bayo Santiago Esq (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr William M Valenti (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Flor M Colon (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann H Mcmullen (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James H Norman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Butler (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denishea R Ortiz (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gina A Cuyler Md (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark A Eidlin (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sujatha Ramanujan (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alyssa S Whitfield (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas S Richards (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.racf.org

    Where can I find the form 990 for Rochester Area Community Foundation Depository Inc?

    The Rochester Area Community Foundation Depository Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.racf.org

    Learn more at the official website: www.racf.org

    Mission Statement of Rochester Area Community Foundation Depository Inc

    The Rochester Area Community Foundation Depository Inc, in its mission, focuses on providing grants to 501(c)(3) public charities that are exempt under IRC sections 509(a)(1), (2), and (3). This organization allows donors to choose organizations based on their charitable, educational, or community purposes, thereby furthering the exempt missions of these chosen organizations. During the fiscal year, this foundation served a total of 868 organizations, demonstrating its commitment to supporting a wide range of charitable causes. By providing grants, the Rochester Area Community Foundation Depository Inc plays a crucial role in enabling these organizations to carry out their exempt missions and make a positive impact in their respective communities.

    Impact

    This information is meant to be a general summary of Rochester Area Community Foundation Depository Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Rochester Area Community Foundation Depository Inc's impact lies in its ability to provide grants to 501(c)(3) public charities, allowing donors to choose organizations based on charitable, educational, or community purposes. This support helps further the missions of these exempt organizations and benefits the community at large. With 868 organizations served during the fiscal year, the foundation plays a vital role in supporting philanthropic efforts in Rochester, NY.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $59,330
  • Program Service Revenue: $0
  • Gross Receipts: $4,180,183

    • Assets and Liabilities:
  • Total Assets: $5,760,315
  • Total Liabilities: $754
  • Net Assets: $5,759,561
  • Organization Details

    Founding Year

    1991

    Principal Officer

    Simeon Banister

    Main Address

    500 EAST AVENUE, ROCHESTER, NY, 14607

    NTEE Category

    Code: T31 - Philanthropy

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