Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $593,236

• 1d · Related organizations

  $3,319,195

• 1f · All other contributions, gifts and grants

  $26,388,592

• 3 · Investment income

  total $1,808,567 · excluded $1,808,567

• 7a · Gross sales of assets other than inventory

  securities $30,966,709 · other assets $325,000

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

  securities $29,333,123 · other assets $300,000

• 7c · Gain or loss

  securities $1,633,586 · other assets $25,000

• 7d · Net gain or loss

  total $1,658,586 · excluded $1,658,586

• 8a · Fundraising events: gross income

  $45,469

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

  $593,236

• 8b · Fundraising events: direct expenses

  $230,962

• 8c · Net income from fundraising events

  total -$185,493 · excluded -$185,493

• 11a · Other revenue: OTHER INCOME

  total $173,737 · excluded $173,737

• 11b · Other revenue: RENTAL REIMBURSEMENT

  total $108,160 · excluded $108,160

• 11e · Other revenue, total

  $281,897

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $5,640,253 · program services $5,640,253

• 5 · Compensation of officers, directors and key employees

  total $645,637 · management and general $645,637

• 7 · Other salaries and wages

  total $1,797,309 · management and general $1,075,007 · fundraising $722,302

• 8 · Pension plan contributions

  total $189,621 · management and general $126,382 · fundraising $63,239

• 9 · Other employee benefits

  total $166,682 · management and general $111,094 · fundraising $55,588

• 10 · Payroll taxes

  total $174,905 · management and general $116,574 · fundraising $58,331

• 11b · Fees: legal

  total $33,750 · management and general $33,750

• 11g · Fees: other

  total $329,121 · management and general $305,682 · fundraising $23,439

• 12 · Advertising and promotion

  total $2,139 · management and general $1,987 · fundraising $152

• 13 · Office expenses

  total $171,392 · management and general $100,344 · fundraising $71,048

• 16 · Occupancy

  total $252,212 · management and general $252,212

• 19 · Conferences, conventions and meetings

  total $35,760 · management and general $20,937 · fundraising $14,823

• 22 · Depreciation, depletion and amortization

  total $43,848 · management and general $43,848

• 23 · Insurance

  total $4,293 · management and general $4,293

• 24a · Other expenses: UNCOLLECTIBLE PLEDGES

  total $4,181,004 · program services $4,181,004

• 24b · Other expenses: DONOR RECOGNITION & STE

  total $361,359 · management and general $211,563 · fundraising $149,796

• 24c · Other expenses: SHARED SERVICES

  total $82,402 · management and general $48,243 · fundraising $34,159

• 24d · Other expenses: TAXES AND ASSESSMENTS

  total $4,933 · management and general $4,933

• 24e · All other expenses

  total $156,789 · program services $300 · management and general $91,494 · fundraising $64,995

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $901,641 · end of year $1,419,259

• 2 · Savings and temporary cash investments

  beginning of year $3,366,175 · end of year $4,093,655

• 3 · Pledges and grants receivable

  beginning of year $13,096,521 · end of year $20,917,094

• 9 · Prepaid expenses and deferred charges

  beginning of year $169,647 · end of year $81,578

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

  $1,424,474

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

  $1,105,056

• 10c · Land, buildings and equipment, net

  beginning of year $363,267 · end of year $319,418

• 11 · Investments: publicly traded securities

  beginning of year $9,277,194 · end of year $10,517,249

• 12 · Investments: other securities

  beginning of year $48,291,824 · end of year $57,424,057

• 15 · Other assets

  beginning of year $792,697 · end of year $2,193,181

• 17 · Accounts payable and accrued expenses

  beginning of year $508,028 · end of year $531,284

• 19 · Deferred revenue

  beginning of year $62,500 · end of year $0

• 25 · Other liabilities

  beginning of year $3,976,358 · end of year $3,170,263

• 27 · Net assets without donor restrictions

  beginning of year $11,017,947 · end of year $37,577,913

• 28 · Net assets with donor restrictions

  beginning of year $60,694,133 · end of year $55,686,031

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS IS ESTABLISHED USING THE FOLLOWING: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACTS - COMPENSATION SURVEYS AND STUDIES - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE ON AN ANNUAL BASIS, THE ORGANIZATION USES AN INDEPENDENT COMPENSATION CONSULTANT TO REVIEW THE SALARIES FOR ALL EXECUTIVES TO ENSURE SUCH SALARIES ARE CONSISTENT WITH MARKET SALARIES PAID TO SIMILARLY SITUATED EXECUTIVES. IN ADDITION, A COMPENSATION COMMITTEE REVIEWS THIS INFORMATION ANNUALLY AND IT IS THEN APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD. FINALLY, EXECUTIVES RECEIVE A WRITTEN LETTER OUTLINING THE SPECIFICS OF THE COMPENSATION AGREEMENT AND THEIR EXPECTED PERFORMANCE.

PART I, LINES 4A-B

COMPENSATION TO THE FORMER CHIEF ADMINISTRATIVE OFFICER INCLUDES PAYMENTS AGREED TO UPON SEPARATION FROM THE ORGANIZATION. SEVERANCE PAYMENTS CONTINUE TO BE MADE THROUGH EARLY 2025. THESE PAYMENTS HAVE NOT BEEN ACCRUED OR REPORTED AS OF DECEMBER 31, 2024. SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS PROVIDE BENEFITS TO CERTAIN KEY EXECUTIVE EMPLOYEES OF ROCHESTER REGIONAL HEALTH. THE ORGANIZATION MAINTAINS A SECTION 457(F) PLAN WHICH WOULD BE CONSIDERED A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THERE WERE NO DISTRIBUTIONS FROM THE PLAN IN 2024.

PART II, COLUMN C:

RETIREMENT AND OTHER DEFERRED COMPENSATION - THIS COLUMN IS REFLECTIVE OF THE ACTUARIAL CHANGE IN DEFINED BENEFIT PENSION PLAN AND POST-RETIREMENT BENEFITS FOR THE TAX YEAR.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• NW ASSOCIATES LP

  RELATED · R/E LEASING · NY · 73.61% owned

  Directly controlled by NWCH

• PARMA SENIOR HOUSING

  HILTON PROJ · NY

• UNITY SENIOR HOUSING

  MOORE PK · NY

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• ACM MEDICAL LABORATORY INC

  C · CLINICAL LAB · NY

  Directly controlled by PRH INC

• GRACO RISK RETENTION GROUP INC

  C · INSURANCE · SC · 100% owned

  Directly controlled by RGH

• GREATER ROCHESTER ASSURANCE COMPANY LTD

  C · INSURANCE · CJ · 100% owned

• GREATER ROCHESTER INDEPENDENT PRACTICE ASSOCIATION INC

  C · INDEPENDENT PRACTICE ASSOCIATION · NY · 100% owned

  Directly controlled by ROCHESTER REGIONAL HEALTH

• NWA INC

  C · R/E LEASING · NY · 100% owned

  Directly controlled by NWCH

• PARMA SENIOR HOUSING LLC

  C · SENIOR HOUSING · NY

  Directly controlled by ROCHESTER REGIONAL HEALTH

• PRH INC

  C · MEDICAL LAB · NY

  Directly controlled by ROCHESTER REGIONAL HEALTH

• ROCHESTER GENERAL HEALTH SYSTEM DIALYSIS INC

  C · DIALYSIS · NY · 100% owned

  Directly controlled by RGHS

• UNITY HEALTH SYSTEM PURCHASING GROUP LLC

  C · SENIOR HOUSING · NY

  Directly controlled by ROCHESTER REGIONAL HEALTH

• UNITY SENIOR HOUSING CORP

  C · SENIOR HOUSING · NY

  Directly controlled by ROCHESTER REGIONAL HEALTH

• ENHANCED STAFFING SOLUTIONS LLC

  C · TEMPORARY STAFFING · NY · 100% owned

  Directly controlled by PRH INC