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Nonprofiteer
← SENIORFIRST FOUNDATION INC

Form 990 for tax year 2024

Filed by SENIORFIRST FOUNDATION INC.

Totals

Total revenue
$2,449,669
Total expenses
$13,186
Contributions and grants received
$1,962,467
Grants paid
$1,400
Program service revenue
$0
Investment income
$487,202
Other revenue
$0
Total assets, end of year
$4,325,526
Total liabilities, end of year
$71,679
Net assets or fund balances, end of year
$4,253,847
Program services expenses (Part IX)
$4,080
Management and general expenses
$9,106
Fundraising expenses
$0
Program service expenses (Part III)
$4,080

Program services were 30.9% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $1,962,467

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $343,619 · related or exempt $0 · unrelated business $0 · excluded $343,619

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $1,338,282 · other assets $0

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

    securities $1,194,699 · other assets $0

  • 7c · Gain or loss

    securities $143,583 · other assets $0

  • 7d · Net gain or loss

    total $143,583 · related or exempt $0 · unrelated business $0 · excluded $143,583

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,400 · program services $1,400

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $8,750 · program services $0 · management and general $8,750 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $356 · program services $0 · management and general $356 · fundraising $0

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 17 · Travel

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses: Purchased Services

    total $2,680 · program services $2,680 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $95,027 · end of year $123,023

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $1,882,136

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $300,158 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $785 · end of year $294,027

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $1,419,305 · end of year $1,963,761

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $62,579

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,198 · end of year $9,100

  • 18 · Grants payable

    beginning of year $0

  • 19 · Deferred revenue

    beginning of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0

  • 25 · Other liabilities

    end of year $62,579

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $2,334,634

  • 28 · Net assets with donor restrictions

    beginning of year $1,799,077 · end of year $1,919,213

Mission and programs · 2024

Mission

Originally established to operate in support of Genesee Valley Presbyterian Nursing Center (GVPNC) dba Kirkhaven. During 2023, GVPNC entered into a change in ownership with an unrelated party, the terms of which exclude the assets and liabilities of the Foundation. In September 2024 the Foundation was approved by the NYS AG and Public Health and Health Planning Council to amend the purpose of the Foundation to broaden its support to organizations serving seniors within the Greater Rochester area in furtherance of their corporate purpose. Upon approval of the GVPNC change in ownership by NYS DOH, GVPNC will cease operations. The Foundation's intent is to release the remaining donor restrictions for alternative use in accordance with its new purpose supporting projects related to the field of geriatrics.

Activities or mission (Part I)

Operates in support of projects related to the field of geriatrics.

  • Dedicated to enhancing the lives of seniors in the Greater Rochester area by providing strategic support for programs and initiatives in geriatric care

    Expenses $4,080

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Terry Cotton

    Director

    Total calculated
    $0
    Hours/week
    0.5 + 0.25 related

  • Leticia Fornataro

    Vice Chairperson

    Total calculated
    $0
    Hours/week
    0.5 + 0.25 related

  • Duane Girdner

    Director

    Total calculated
    $0
    Hours/week
    0.5 + 0.25 related

  • Desirae Davis

    Secretary

    Total calculated
    $0
    Hours/week
    0.5 + 0.25 related

  • Elaine Hiscock

    Director

    Total calculated
    $0
    Hours/week
    0.5 + 0.25 related

  • Mark Muthig

    Chairperson

    Total calculated
    $0
    Hours/week
    0.5 + 0.25 related

  • Joy Lipari

    Treasurer

    Total calculated
    $0
    Hours/week
    0.5 + 0.25 related

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.0
Source object
202523129349300312

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

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