Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $110,000

• 1d · Related organizations

  $1,471,498

• 1f · All other contributions, gifts and grants

  $790,310

• 3 · Investment income

  total $3,352 · excluded $3,352

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $206,464 · program services $123,878 · management and general $41,293 · fundraising $41,293

• 7 · Other salaries and wages

  total $1,077,407 · program services $906,775 · management and general $108,891 · fundraising $61,741

• 9 · Other employee benefits

  total $211,335 · program services $167,906 · management and general $28,023 · fundraising $15,406

• 10 · Payroll taxes

  total $94,259 · program services $74,889 · management and general $12,499 · fundraising $6,871

• 11g · Fees: other

  total $44,524 · management and general $44,524

• 12 · Advertising and promotion

  total $337,321 · program services $337,321

• 13 · Office expenses

  total $6,371 · program services $2,239 · management and general $2,357 · fundraising $1,775

• 16 · Occupancy

  total $33,252 · program services $14,251 · management and general $17,457 · fundraising $1,544

• 17 · Travel

  total $41,006 · program services $15,504 · management and general $16,078 · fundraising $9,424

• 22 · Depreciation, depletion and amortization

  total $19,225 · management and general $19,225

• 23 · Insurance

  total $10,398 · program services $4,456 · management and general $5,459 · fundraising $483

• 24a · Other expenses: BUSINESS GROWTH SERVICE

  total $142,622 · program services $142,622

• 24b · Other expenses: MEMBERSHIP DUES

  total $32,176 · management and general $32,176

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $20,720 · program services $16,501 · management and general $2,529 · fundraising $1,690

• 24d · Other expenses: UTILITIES AND TELEPHONE

  total $5,775 · program services $2,475 · management and general $3,032 · fundraising $268

• 24e · All other expenses

  total $3,975 · management and general $3,975

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $52,035 · end of year $118,863

• 3 · Pledges and grants receivable

  beginning of year $177,049 · end of year $215,606

• 9 · Prepaid expenses and deferred charges

  beginning of year $18,897 · end of year $45,536

• 10a · Land, buildings and equipment: cost or other basis

  $267,480

• 10b · Land, buildings and equipment: accumulated depreciation

  $147,138

• 10c · Land, buildings and equipment, net

  beginning of year $134,747 · end of year $120,342

• 15 · Other assets

  beginning of year $389,749 · end of year $367,943

• 17 · Accounts payable and accrued expenses

  beginning of year $44,446 · end of year $73,735

• 25 · Other liabilities

  beginning of year $185,272 · end of year $233,968

• 27 · Net assets without donor restrictions

  beginning of year $338,282 · end of year $426,612

• 28 · Net assets with donor restrictions

  beginning of year $204,477 · end of year $133,975

The filer's explanations (Part III)

PART I, LINE 1A

SOCIAL CLUB DUES ARE PROVIDED IN LIMITED INSTANCES WHEN THE BOARD OF DIRECTORS HAS DETERMINED THAT THE VENUE PROVIDES THE ABILITY TO ENTERTAIN OUT OF TOWN GUESTS IN FURTHERANCE OF THE ORGANIZATION'S MISSION OF FOSTERING ECONOMIC GROWTH IN THE NINE-COUNTY GREATER ROCHESTER REGION. ALL SOCIAL CLUB DUES AND/OR INITIATION FEES ARE APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS. ALL PERSONAL EXPENSES ASSOCIATED WITH SOCIAL CLUB MEMBERSHIPS ARE PAID FOR BY THE EMPLOYEE PERSONALLY.