Skip to content
Nonprofiteer
← ROME COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by ROME COMMUNITY FOUNDATION.

Totals

Total revenue
$607,638
Total expenses
$554,069
Contributions and grants received
$218,419
Grants paid
$477,014
Program service revenue
$0
Investment income
$389,219
Other revenue
$0
Total assets, end of year
$8,305,366
Total liabilities, end of year
$260,500
Net assets or fund balances, end of year
$8,044,866
Program services expenses (Part IX)
$477,014
Management and general expenses
$77,055
Fundraising expenses
$0
Program service expenses (Part III)
$477,014

Program services were 86.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $218,419

  • 3 · Investment income

    total $229,522 · excluded $229,522

  • 7a · Gross sales of assets other than inventory

    securities $1,423,723

  • 7b · Less cost or other basis and sales expenses

    securities $1,264,026

  • 7c · Gain or loss

    securities $159,697

  • 7d · Net gain or loss

    total $159,697 · excluded $159,697

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $387,014 · program services $387,014

  • 2 · Grants to domestic individuals

    total $90,000 · program services $90,000

  • 11c · Fees: accounting

    total $11,355 · management and general $11,355

  • 11f · Fees: investment management

    total $38,804 · management and general $38,804

  • 11g · Fees: other

    total $575 · management and general $575

  • 13 · Office expenses

    total $3,864 · management and general $3,864

  • 19 · Conferences, conventions and meetings

    total $580 · management and general $580

  • 23 · Insurance

    total $646 · management and general $646

  • 24a · Other expenses: OUTSIDE SERVICES

    total $12,000 · management and general $12,000

  • 24b · Other expenses: RENT

    total $6,000 · management and general $6,000

  • 24c · Other expenses: FOREIGN TAXES

    total $1,284 · management and general $1,284

  • 24d · Other expenses: DUES

    total $830 · management and general $830

  • 24e · All other expenses

    total $1,117 · management and general $1,117

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $358,560 · end of year $416,952

  • 2 · Savings and temporary cash investments

    beginning of year $159,435 · end of year $169,737

  • 11 · Investments: publicly traded securities

    beginning of year $7,064,510 · end of year $7,718,677

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,500 · end of year $10,500

  • 19 · Deferred revenue

    end of year $250,000

  • 27 · Net assets without donor restrictions

    beginning of year $7,572,005 · end of year $7,885,863

  • 28 · Net assets with donor restrictions

    end of year $159,003

Mission and programs · 2024

Mission

THE MISSION OF THE FOUNDATION IS TO ASSIST IN PROVIDING MONETARY RESOURCES FOR THE PRESENT AND FUTURE ENRICHMENT OF THE ROME AREA COMMUNITY.

  • DONOR ADVISED FUNDS PROVIDE FUNDING FOR A WIDE VARIETY OF LOCAL NEEDS INCLUDING CAPITAL PROJECTS AT THE YWCA, ROME CHURCHES AND THE LIBRARY.

    Expenses $274,055 · Grants $274,055 · Revenue $10,010

  • SCHOLARSHIPS. THE HERBERT DYETT GRANT FUND PROVIDES GRANTS TO GRADUATES OF ROME HIGH SCHOOLS WHO ARE ATTENDING INSTITUTIONS OF HIGHER LEARNING. THE JOHN DELLA CONTRADA SCHOLARSHIP FUND PROVIDES SCHOLARSHIP TO ROME CATHOLIC SCHOOL.

    Expenses $90,000 · Grants $90,000 · Revenue $19,300

  • DISCRETIONARY FUNDS ARE PROVIDED IN RESPONSE TO LOCAL COMMUNITY REQUESTS.

    Expenses $112,959 · Grants $112,959 · Revenue $164,109

As filed on the 2024 return.

Listed in Part VII

  • Robert Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deborah Twomey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert R Ritz

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Mark Hinman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Frank Diberardino III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kirk Hinman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lynn Rosen

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • J Kevin O'Shea

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Douglas Bartell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David C Grow

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Joseph Griffo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephen Waters

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mary Chmielewski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Roberta Cavano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dennis Surace

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Bojanek

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Deweerth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
7 November 2025
IRS schema version
2024v5.2
Source object
202523119349302522

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.