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Greater Rochester Chamber Of Commerce Foundation Inc

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

EIN: 161104636 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

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Overview

What is Greater Rochester Chamber Of Commerce Foundation Inc?

Greater Rochester Chamber of Commerce Foundation Inc is a nonprofit organization situated in Rochester, New York. The foundation's primary mission is to enhance the education and welfare of students in the Rochester area, as well as strengthen economic growth in the region. To achieve this, they provide workforce training to 170 individuals and 87 companies. Additionally, they focus on promoting science and mathematics education for high school and junior high school students in the area. Furthermore, the foundation offers training and support to adults, aiming to increase self-sufficiency, improve work competencies, and maximize job opportunities. They also support charitable activities and community initiatives that promote economic development in the Greater Rochester area of New York.


Official website here: www.greaterrochesterchamber.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

The Greater Rochester Chamber of Commerce Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization scored 97% in the Accountability & Finance category, indicating a solid foundation for trust among donors and stakeholders. This high rating is attributed to various factors, including the independence of its board members and effective oversight of financial statements.

Strengths of the foundation include a fully independent board and exemplary practices in financial management, such as no material diversion of assets and a strong program expense ratio of 90.80%. The organization has also established comprehensive policies, including those for conflict of interest and whistleblower protections, which further enhance its credibility. Low fundraising costs and a good working capital ratio demonstrate its efficient use of resources.

There are no significant limitations noted in the data, suggesting that the foundation operates with transparency and integrity. Overall, the Greater Rochester Chamber of Commerce Foundation Inc stands out as a well-managed organization that prioritizes accountability, making it a trustworthy option for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Greater Rochester Chamber Of Commerce Foundation Inc legitimate?

Greater Rochester Chamber Of Commerce Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Rochester Chamber Of Commerce Foundation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $422,457

For more financial information, click here


Official website here: www.greaterrochesterchamber.com

What is the mission statement of Greater Rochester Chamber Of Commerce Foundation Inc?

The Greater Rochester Chamber of Commerce Foundation Inc aims to enhance the education and well-being of students in the greater Rochester, New York/Finger Lakes region. The organization works towards strengthening economic growth and expansion in the same region. Furthermore, the foundation focuses on advancing the study of science and mathematics among high school and junior high school students in the region. Additionally, it provides training and support services to adults, including those from economically disadvantaged areas, to increase self-sufficiency, improve work competencies, and maximize job opportunities. Lastly, the foundation supports the charitable activities of other organizations and community initiatives that promote economic development in the greater Rochester area.


Official website here: www.greaterrochesterchamber.com

Who is the CEO of Greater Rochester Chamber Of Commerce Foundation Inc?

Christyne Huerta is the Chairman of Greater Rochester Chamber Of Commerce Foundation Inc. The CEO's salary of Greater Rochester Chamber Of Commerce Foundation Inc is $0 and their total compensation is $286,057.


Official website here: www.greaterrochesterchamber.com

What is the revenue of Greater Rochester Chamber Of Commerce Foundation Inc?

Greater Rochester Chamber Of Commerce Foundation Inc's revenue in 2022 was $2,142,578.


Official website here: www.greaterrochesterchamber.com

Who are the executives of Greater Rochester Chamber Of Commerce Foundation Inc and what are their salaries?


Here are 51 key members and their salaries (Greater Rochester Chamber Of Commerce Foundation Inc's CEO's salary is $0 and their total compensation is $286,057):


Robert S Sands (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Johnson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Dixon (2Nd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Beinetti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Birmingham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Camardo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Diefendorf (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Goodrich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dinah Gueldenpfennig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hammer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Burns (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanna Burt-Nanna (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Kelly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Liddle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefani Lidestri (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Macpherson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faheem Masood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Mcareavy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Mehnert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jett Mehta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Mucci (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Nuccitelli (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnathan Perrotti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deana Porterfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyrone Reaves (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Reed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Rooney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Shultz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Tipple (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Wegman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Yockel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnathan Pitton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Gallina (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Holliday (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Judson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Levan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Munson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Paul (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Summers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrance Taber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Flanagan (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Taubman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Wilmot (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Green (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Flanagan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Duffy (President & Ceo)
  • Compensation: $0
  • Related: $390,192
  • Other: $41,373
Christyne Huerta (Chief Financial Officer)
  • Compensation: $0
  • Related: $117,268
  • Other: $22,682
Robert Lemen (Chief Financial Officer (Through 2/22))
  • Compensation: $0
  • Related: $15,368
  • Other: $0
Joseph Stefko (Ceo Of Roc2025, Inc. (Outs)
  • Compensation: $0
  • Related: $253,216
  • Other: $32,841
Barbara Egenhofer (Chief Of Talent Strategy)
  • Compensation: $0
  • Related: $183,970
  • Other: $18,303


Official website here: www.greaterrochesterchamber.com

Where can I find the form 990 for Greater Rochester Chamber Of Commerce Foundation Inc?

Greater Rochester Chamber Of Commerce Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greaterrochesterchamber.com

Learn more at the official website: www.greaterrochesterchamber.com

Mission Statement of Greater Rochester Chamber Of Commerce Foundation Inc

The Greater Rochester Chamber of Commerce Foundation, Inc., is an organization dedicated to enhancing the education and welfare of students in the greater Rochester, New York/Finger Lakes region. Its primary purpose is threefold: firstly, it aims to promote, supplement, and enrich the education and well-being of students within the Rochester area. Secondly, the foundation focuses on strengthening the study of science and mathematics by high school and junior high school students in the same region. Lastly, the organization provides training and related assistance to boost the self-sufficiency, improve work competencies, and maximize job opportunities for adults, including those from economically disadvantaged areas. Additionally, the Greater Rochester Chamber of Commerce Foundation, Inc., supports the charitable activities of other organizations and community initiatives that foster economic development in the greater Rochester area of New York.

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Impact




October, 2024

The Greater Rochester Chamber of Commerce Foundation Inc. significantly impacts the community by enhancing education and workforce development initiatives throughout the Greater Rochester and Finger Lakes region. By promoting and enriching educational experiences for students, especially in science and mathematics, the foundation fosters a more skilled and knowledgeable future workforce.

The organization plays a critical role in increasing economic growth and expansion in the area, supporting local companies by providing training and resources for their employees. In its commitment to workforce development, the foundation serves not only employed individuals but also those who are unemployed or underemployed, particularly focusing on economically disadvantaged populations. This includes offering training programs that enhance job competencies and self-sufficiency, which ultimately leads to better employment opportunities.

Furthermore, by supporting charitable activities and community initiatives that drive economic development, the foundation strengthens the overall economic landscape of the Greater Rochester area, paving the way for sustainable growth and improved quality of life for its residents. Through these various efforts, the foundation is a vital contributor to the educational and economic vitality of the region.




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


Financials

This financial information is from Propublica.

Revenue
$2,142,578 (2022)
Expenses
$1,910,687 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $134,969
  • Gross Receipts: $2,142,578

Assets and Liabilities:

  • Total Assets: $2,947,765
  • Total Liabilities: $402,905
  • Net Assets: $2,544,860

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TRAINING PROGRAMS

Revenue

$134,969

Organization Details

Founding Year

1978

Principal Officer

Christyne Huerta

Main Address

150 STATE STREET, ROCHESTER, NY, 14614

NTEE Category

Code: B20J - Education

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