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Grhs Foundation Inc

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

EIN: 223378111 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

Overview

What is Grhs Foundation Inc?

Grhs Foundation Inc, located in Rochester, New York, is a nonprofit organization primarily focused on operating real property investments, encompassing medical/office buildings, a parking garage, apartments, and lands, as well as maintaining financial investments on behalf of its affiliates. Its primary mission is to benefit Rochester Regional Health and its affiliates by accepting, holding, investing, reinvesting, and administering gifts, grants, bequests, contributions, devises, benefits of trusts, endowments, and property, using the income and/or principal for the stated purposes. The organization, which has 132 employees, does not operate for the pecuniary profit or financial gain of its members, directors, officers, or any other private person.


Official website here: www.rochesterregional.org

Is Grhs Foundation Inc legitimate?

Grhs Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grhs 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.

Here are some key statistics you may want to consider:

Executive Compensation: $67,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,891,865

For more financial information, click here


Official website here: www.rochesterregional.org

What is the mission statement of Grhs Foundation Inc?

Grhs Foundation Inc is dedicated to supporting Rochester Regional Health and its affiliates. The foundation's primary goal is to manage and administer donations, grants, and contributions for the benefit of the health organization. The income and principal of these funds are used exclusively for the organization's purposes. The foundation engages in any related activities or actions that further its objectives, all without financial gain for its members or directors.


Official website here: www.rochesterregional.org

Who is the CEO of Grhs Foundation Inc?

Hugh Thomas is the Cao of Grhs Foundation Inc. The CEO's salary of Grhs Foundation Inc is $861 and their total compensation is $47,653.


Official website here: www.rochesterregional.org

What is the revenue of Grhs Foundation Inc?

Grhs Foundation Inc's revenue in 2022 was $43,547,365.


Official website here: www.rochesterregional.org

Who are the executives of Grhs Foundation Inc and what are their salaries?

The average compensation at Grhs Foundation Inc during 2022 was $45,148. There are 132 employees at Grhs Foundation Inc.

Here are 11 key members and their salaries (Grhs Foundation Inc's CEO's salary is $861 and their total compensation is $47,653):

    Richard Davis Phd (Ceo) [Trustee/Director]
  • Compensation: $23,527
  • Related: $1,270,487
  • Other: $11,213

    • Hugh Thomas (Cao)
  • Compensation: $26,619
  • Related: $1,437,405
  • Other: $-194,485

    • Thomas Crilly (Cfo)
  • Compensation: $24,236
  • Related: $1,308,772
  • Other: $-231,918

    • Jeffrey Peacock (Sr. Director, Ambulatory Surgery)
  • Compensation: $263,755
  • Related: $0
  • Other: $6,287

    • Rachel Weber (Nurse)
  • Compensation: $132,814
  • Related: $0
  • Other: $4,796

    • Melissa Delaney (Clincial Director)
  • Compensation: $121,385
  • Related: $0
  • Other: $1,444

    • Arjun Sharma (Rn Iv)
  • Compensation: $115,694
  • Related: $0
  • Other: $4,237

    • Marti Denoto (Rn)
  • Compensation: $109,575
  • Related: $0
  • Other: $4,551

    • Eric Bieber (Former Ceo)
  • Compensation: $861
  • Related: $46,499
  • Other: $293

    • David Riedman (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Nuccitelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rochesterregional.org

    Where can I find the form 990 for Grhs Foundation Inc?

    The Grhs Foundation Inc’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 Grhs Foundation Inc

    Grhs Foundation Inc, a nonprofit organization, is dedicated to supporting Rochester Regional Health and its affiliates. The primary objective of the Foundation is to manage and distribute funds raised for the benefit of the health organization and its related entities.

    Grhs Foundation Inc functions as a charitable entity, accepting, holding, investing, reinvesting, and administering gifts, grants, bequests, contributions, devises, benefits of trusts, endowments, and property of any kind. The Foundation's mission is to use the income and/or principal from these sources exclusively for the benefit of Rochester Regional Health and its affiliates. The organization carries out various activities to further this purpose, doing any other act or thing incidental to or connected with the foregoing objectives. The Foundation's members, directors, officers, and other private persons do not derive pecuniary profit or financial gain from the organization's operations.

    In essence, Grhs Foundation Inc serves as a vital fundraising and financial management partner for Rochester Regional Health and its affiliates. The Foundation's mission is to facilitate the growth and success of the health organization by accepting and managing charitable contributions and investing them towards the organization's goals. The Foundation's role is essential in ensuring the longevity and financial stability of Rochester Regional Health, ultimately contributing to the betterment of the healthcare services provided to the community.

    Impact

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




    Thursday, August 15, 2024

    Grhs Foundation Inc's impact is primarily focused on benefiting the affiliates of Rochester Regional Health. This is achieved through operating real property investments, such as medical and office buildings, a parking garage, apartments, and parcels of land. The foundation also maintains financial investments on behalf of its affiliates. By accepting, holding, and administering various forms of contributions and property, without limitation as to amount or value, Grhs Foundation Inc supports the mission of Rochester Regional Health and its affiliates. The foundation's activities are dedicated to community improvement and advancing the healthcare services in the Rochester region.





    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 2022.

  • Investment Income: $7,979
  • Program Service Revenue: $43,826,976
  • Gross Receipts: $43,547,365

    • Assets and Liabilities:
  • Total Assets: $147,503,139
  • Total Liabilities: $116,154,679
  • Net Assets: $31,348,460
  • Programs

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

    RENTAL INCOME

    Revenue

    $23,800,545

    RASC PATIENT REVENUE

    Revenue

    $20,026,431

    Organization Details

    Founding Year

    1995

    Principal Officer

    Hugh Thomas

    Main Address

    100 KINGS HIGHWAY SOUTH, ROCHESTER, NY, 14617

    NTEE Category

    Code: E11 - Health

    If you are a representative of Grhs Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.