Overview
What is Rochester Regional Health Foundation?
The Rochester Regional Health Foundation is a dedicated nonprofit organization situated in Rochester, New York. Its primary role is to fundraise and invest these funds for the betterment of Rochester Regional Health and its associated organizations. Dr. Richard Davis oversees its operations. The foundation achieves this mission by soliciting, accepting, holding, investing, reinvesting, and administering various types of gifts, bequests, devises, benefits of trusts, and properties, without limitations on amount or value. The income or principal from these investments is then used to support the organization's purposes. The foundation's activities aim to advance the welfare of the affiliated organizations, ultimately contributing to the overall health and well-being of the community.
Official website here: www.rochesterregional.org
What are the reviews and ratings of this charity?
97% rating from Charity Navigator, earning a Four-Star out of Four Star rating, indicates that Rochester Regional Health Foundation is highly effective in managing its finances and accountability. This rating is based solely on its Accountability & Finance score, demonstrating a strong commitment to transparency and responsible fiscal management.
The foundation excels in multiple areas of governance, with 92% of its board members being independent. This independence, combined with a comprehensive audit and oversight committee, reflects a robust governance structure. The organization has implemented several policies, including conflict of interest and whistleblower protections, ensuring ethical operations.
Financially, the foundation performs well, with a program expense ratio of 73.31%, indicating a significant portion of funds is allocated directly to its programs. Additionally, the fundraising efficiency ratio of $0.20 suggests effective fundraising practices. Overall, while the foundation displays strong organizational strengths, there are no noted limitations in the provided data.
This AI summary has been generated from information found on Charity Navigator.
Is Rochester Regional Health Foundation legitimate?
Rochester Regional Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester Regional Health Foundation 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: $366,755
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,106,314
For more financial information, click here
Official website here: www.rochesterregional.org
What is the mission statement of Rochester Regional Health Foundation?
The Rochester Regional Health Foundation's mission is to raise funds and invest them beneficially for Rochester Regional Health and its affiliated organizations. This is achieved by soliciting, accepting, and managing various forms of donations, and utilizing their income or principal to support these organizations' purposes. The foundation also carries out any additional tasks that further these objectives or contribute to their advancement.
Official website here: www.rochesterregional.org
Who is the CEO of Rochester Regional Health Foundation?
Dr Richard Davis is the Principal Officer of Rochester Regional Health Foundation. The CEO's salary of Rochester Regional Health Foundation is $861 and their total compensation is $47,653.
Official website here: www.rochesterregional.org
What is the revenue of Rochester Regional Health Foundation?
Rochester Regional Health Foundation's revenue in 2022 was $3,222,712.
Official website here: www.rochesterregional.org
Who are the executives of Rochester Regional Health Foundation and what are their salaries?
The average compensation at Rochester Regional Health Foundation during 2022 was $46,933. There are 74 employees and 33 volunteers at Rochester Regional Health Foundation.
Here are 35 key members and their salaries (Rochester Regional Health Foundation's CEO's salary is $861 and their total compensation is $47,653):
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- Compensation: $23,527
- Related: $1,270,487
- Other: $11,213
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- Related: $718,191
- Other: -$136,193
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- Compensation: $24,236
- Related: $1,308,772
- Other: -$231,918
- Compensation: $26,619
- Related: $1,437,405
- Other: -$194,485
- Compensation: $297,938
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- Other: $61,492
- Compensation: $145,962
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- Other: -$2,366
- Compensation: $198,292
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- Other: $40,116
- Compensation: $155,889
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- Other: -$14,007
- Compensation: $121,451
- Related: $0
- Other: -$35,008
- Compensation: $174,807
- Related: $0
- Other: -$16,137
- Compensation: $861
- Related: $46,499
- Other: $293
Official website here: www.rochesterregional.org
Where can I find the form 990 for Rochester Regional Health Foundation?
Rochester Regional Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rochesterregional.org
Learn more at the official website: www.rochesterregional.org
Mission Statement of Rochester Regional Health Foundation
The Rochester Regional Health Foundation, a charitable organization, is dedicated to raising funds and investing them beneficially for Rochester Regional Health and its affiliated organizations. Its primary mission is to collect, manage, and allocate funds in various forms, including gifts, bequests, trusts, and properties, for the advancement of the said healthcare entities. The foundation utilizes these funds to support their objectives by distributing their income or principal, as needed, exclusively for these purposes. They also engage in activities that are incidental or connected to these objectives, furthering the cause of Rochester Regional Health and its affiliates.
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Impact
October, 2024
The Rochester Regional Health Foundation significantly enhances the healthcare landscape in the region by raising and effectively investing funds dedicated to Rochester Regional Health and its affiliated organizations. Through a systematic approach that includes soliciting, accepting, and administering various forms of donations, the foundation ensures that essential resources are available to improve health services and support innovative healthcare initiatives.
By focusing on the strategic deployment of these funds, the foundation plays a crucial role in bolstering community health initiatives, advancing clinical research, and enhancing patient care programs. This impact is felt across a range of services, from improving facilities and technology to funding educational programs for healthcare professionals. The efforts led by Dr. Richard Davis and the foundation serve to enrich the overall healthcare experience in Rochester, ultimately fostering a healthier community.
This information is meant to be a general summary of Rochester Regional Health Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,429,703
- Gross Receipts: $49,346,626
Assets and Liabilities:
- Total Assets: $77,841,834
- Total Liabilities: $3,254,184
- Net Assets: $74,587,650
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Organization Details
Founding Year
1988
Phone
(585) 922-1595Principal Officer
Dr Richard Davis
Main Address
100 KINGS HIGHWAY SOUTH, ROCHESTER, NY, 14617
Website
www.rochesterregional.orgNTEE Category
Code: E220 - Health
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