Civic Intelligence

High Tech Rochester Inc

990 • Fiscal year 2014 • EIN 16-1195028

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 19, 2015

150 Lucius Gordon Drive No 10014586

(585) 214-2400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.07x

Higher debt load relative to assets than 32% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

42nd percentile

0.14x

Higher debt load relative to revenue than 42% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

22nd percentile

-5.9%

Higher net margin than 22% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

99th percentile

$1,704,049

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 56.3% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

34th percentile

-0.9%

Faster asset growth than 34% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

56th percentile

5.8%

Faster revenue growth than 56% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2014

Assets

Down

$6,220,968

Down $54,599 (-0.9%) from 2013

Net Assets

Down

$5,806,489

Down $179,452 (-3.0%) from 2013

Liabilities

Up

$414,479

Up $124,853 (+43%) from 2013

Revenue

$3,025,119

No earlier filing loaded for comparison.

Expenses

Up

$3,204,571

Up $366,434 (+13%) from 2013

Net Income

-$179,452

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2011: $6,578,303Liabilities 2011: $231,135Net Assets 2011: $6,347,1682011Assets 2012: $6,548,043Liabilities 2012: $318,690Net Assets 2012: $6,229,3532012Assets 2013: $6,275,567Liabilities 2013: $289,626Net Assets 2013: $5,985,9412013Assets 2014: $6,220,968Liabilities 2014: $414,479Net Assets 2014: $5,806,4892014Assets 2015: $6,769,255Liabilities 2015: $876,892Net Assets 2015: $5,892,3632015Assets 2016: $6,924,534Liabilities 2016: $830,937Net Assets 2016: $6,093,5972016Assets 2017: $15,037,419Liabilities 2017: $8,879,240Net Assets 2017: $6,158,1792017Assets 2018: $30,500,522Liabilities 2018: $13,784,493Net Assets 2018: $16,716,0292018Assets 2019: $22,367,149Liabilities 2019: $3,658,357Net Assets 2019: $18,708,7922019Assets 2020: $26,831,605Liabilities 2020: $5,686,630Net Assets 2020: $21,144,9752020Assets 2021: $28,231,131Liabilities 2021: $2,970,824Net Assets 2021: $25,260,3072021Assets 2022: $34,895,664Liabilities 2022: $6,560,164Net Assets 2022: $28,335,5002022Assets 2023: $36,635,804Liabilities 2023: $5,644,542Net Assets 2023: $30,991,2622023

Highlighted filing

2014

Assets$6,220,968
Liabilities$414,479
Net Assets$5,806,489

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,556,699Expenses 2011: $2,618,624Net Income 2011: -$61,9252011Expenses 2012: $2,779,7192012Expenses 2013: $2,838,1372013Revenue 2014: $3,025,119Expenses 2014: $3,204,571Net Income 2014: -$179,4522014Revenue 2015: $5,248,767Expenses 2015: $5,161,205Net Income 2015: $87,5622015Revenue 2016: $5,924,036Expenses 2016: $5,722,802Net Income 2016: $201,2342016Revenue 2017: $6,636,761Expenses 2017: $6,572,179Net Income 2017: $64,5822017Revenue 2018: $17,942,048Expenses 2018: $7,384,198Net Income 2018: $10,557,8502018Revenue 2019: $10,775,735Expenses 2019: $8,320,156Net Income 2019: $2,455,5792019Revenue 2020: $10,249,202Expenses 2020: $8,275,835Net Income 2020: $1,973,3672020Revenue 2021: $13,616,302Expenses 2021: $9,500,970Net Income 2021: $4,115,3322021Revenue 2022: $13,022,284Expenses 2022: $9,944,756Net Income 2022: $3,077,5282022Revenue 2023: $14,656,839Expenses 2023: $12,013,233Net Income 2023: $2,643,6062023

Highlighted filing

2014

Revenue$3,025,119
Expenses$3,204,571
Net Income-$179,452
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 19, 2015
Return Version
2013v4.0
Gross Receipts
$3,025,119
Mission and Program Overview

Mission

To be a catalyst for entrepreneurship and innovation-based economic development by applying business expertise and network connections to aid in the formation and profitable growth of companies in the greater rochester region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,095,471$4,053,082▼ $42,389
Savings and Temporary Cash Investments$1,511,776$1,396,623▼ $115,153
Pledges and Grants Receivable$362,852$336,930▼ $25,922
Accounts Receivable$109,033$226,596▲ $117,563
Cash and Non-Interest-Bearing Accounts$180,039$178,148▼ $1,891
Prepaid Expenses and Deferred Charges$14,608$27,801▲ $13,193
Investments Other Securities$1,788$1,788→ $0
Total Assets$6,275,567$6,220,968▼ $54,599
Liabilities
Accounts Payable and Accrued Expenses$210,067$234,728▲ $24,661
Deferred Revenue$34,156$145,112▲ $110,956
Other Liabilities$45,403$34,639▼ $10,764
Total Liabilities$289,626$414,479▲ $124,853
Net Assets / Fund Balance
Unrestricted Net Assets$5,948,137$5,751,964▼ $196,173
Temporarily Rstr Net Assets$37,804$54,525▲ $16,721
Total Net Assets Fund Balance$5,985,941$5,806,489▼ $179,452
Total Liabilities and Net Assets / Fund Balance$6,275,567$6,220,968▼ $54,599

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,347,022$2,272,222$5,619,244
Land$550,000-$550,000
Equipment$156,060$207,490$363,550
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James S SenallDirector & PresidentFT$166,751$24,877$191,628
Robert J KotEmployeeFT$125,255$9,228$134,483
Ronald a DebellisEmployeeFT$115,312$10,018$125,330
Michael D RiedlingerEmployeeFT$108,552$9,333$117,885
SUZANNE A O'CONNORManaging Director, FinancePT$81,523$8,704$90,227

Board Members and Trustees

NameTitle
Peter G RobinsonDirector & Chairman
Lori GreenDirector, Vice-chair & Sec
Christine B WhitmanDirector
Dan Viggiano IiiDirector
Debbie StendardiDirector
Delmonize SmithDirector
Jose CoronasDirector
Joseph RizzoDirector
Judy SeilDirector
Kim PuglieseDirector
Kurt GelkeDirector
Peter SchottDirector
Sandra ParkerDirector
Theresa B MazzulloDirector
Stanley D KonopkoDirector & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,851,318
Program Service Revenue
$1,145,953
Investment Income
$4,848
Other Revenue
$23,000
All Other Contributions
$225,448
Change in Net Assets
$-179,452

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$37,000Fair Market Value (FMV)
Total Noncash Contributions1$37,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,025,119
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$8,643
Total Revenue per Audited Statements
$3,033,762
Total Revenue per Form 990
$3,025,119
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,623,558
Other Expenses$1,581,013
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,084,068$53,971-$1,138,039
Current Officers, Directors, Trustees, and Key Employees$160,085$134,190-$294,275
Conferences and Meetings$282,926$2,728-$285,654
Depreciation Depletion$163,082$8,207-$171,289
Other Employee Benefits$92,279$3,731-$96,010
Payroll Taxes$90,240$4,994-$95,234
Travel$43,360$3,476-$46,836
Fees for Services Other$29,029$11,201-$40,230
Occupancy$31,367$1,782-$33,149
Information Technology$26,046$3,889-$29,935
Other Expenses$18,363$2,822-$21,185
Advertising$13,343$2,022-$15,365
Insurance$8,286$2,726-$11,012
Office Expenses$8,125$1,348-$9,473
All Other Expenses$50--$50
Total Functional Expenses$2,935,270$269,301$0$3,204,571

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,213,214
Expenses per Audited Statements$3,204,571
Total Expenses per Form 990$3,204,571
Expenses Not Reported on Form 990$8,643
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jean KaseJEAN KASE IS THE SPOUSE OF THE ORGANIZATION'S BOARD CHAIRMANJean Kase Provides Consulting Services to the Organization.No$93,225
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$34,639
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

The organization amended its by-laws as of 8/20/14 to comply with the new york state revitalization act of 2013. The organization also amended the bylaws as of 8/20/14 to include that the by-laws of the corporation may be amended or repealed by the university in its capacity as sole member upon recommendation of a majority of the entire board of directors.

Form 990, Part VI, Section A, Line 6

The sole member of high tech rochester is the university of rochester. The member has the authority to elect the governing body of high tech rochester, and under new york law certain decisions of the high tech rochester board are subject to the approval of the member. Such decisions include amendment of the certificate of incorporation and bylaws, and approval of sale of all or substantially all assets, merger, and dissolution.

Form 990, Part VI, Section A, Line 7A

The sole member of high tech rochester is the university of rochester. The member has the authority to elect the governing body of high tech rochester, and under new york law certain decisions of the high tech rochester board are subject to the approval of the member. Such decisions include amendment of the certificate of incorporation and bylaws, and approval of sale of all or substantially all assets, merger, and dissolution.

Form 990, Part VI, Section A, Line 7B

The sole member of high tech rochester is the university of rochester. The member has the authority to elect the governing body of high tech rochester, and under new york law certain decisions of the high tech rochester board are subject to the approval of the member. Such decisions include amendment of the certificate of incorporation and bylaws, and approval of sale of all or substantially all assets, merger, and dissolution.

Form 990, Part VI, Section B, Line 11

The form 990 will be reviewed first by the director of finance & administration and the president. Upon satisfactory completion of those reviews, a copy will be provided to each director for their review and comments prior to filing.

Form 990, Part VI, Section B, Line 12C

Conflict of interest disclosure forms are requested annually from directors, officers, key employees. Directors, officers, and key employees are required to disclose any potential conflict of interest involving any proposed contract or transactions to be executed by the corporation. The board reviews the proposed contract or transaction in light of the facts and circumstances and approves only those in which the terms are fair and reasonable to the corporation and are consistent with the best interests of the corporation. The board documents the basis for its decision in the minutes of the meeting at which the decision was made.

Form 990, Part VI, Section B, Line 15A

Before approving the compensation of an officer, the board shall determine that the total compensation to be provided by the corporation to the officer is reasonable in amount in light of the position, responsibility and qualification of the officer for the position held, including the result of an evaluation of the officer's prior performance for the corporation, if applicable. In making the determination, the board shall consider total compensation to include the salary and the value of all benefits provided by the corporation to the individual in payment for services. At the time of the discussion and decision concerning an officer's compensation, the officer shall not be present. The board shall obtain and consider appropriate data concerning comparable compensation paid to similar officers in like circumstances. The board shall set forth the basis for its decision with respect to compensation in the minutes of the meeting at which the decisions are made, including the conclusions of the evaluation and the basis for determining that the individual's compensation was reasonable in light of the evaluation and the comparability data.

Form 990, Part VI, Section C, Line 19

High tech rochester inc.'s form 1023 and form 990 are available on request. Its governing documents, conflict of interest policy and audited financial statements are not routinely made available to the public.

Form 990 Part VII

Peter robinson - university of rochester - 55 hours/week. Theresa mazzullo - excell partners, inc. - 40 hours/week. James senall - rochester bioventure center, inc. - 4 hours/week. Suzanne o'connor - rochester bioventure center, inc. - 3 hours/week.

Filing and Contact Details

Filer

EIN
16-1195028
Phone
5852142400

Signing Officer

Name
James Senall
Title
Director & President
Phone
5852142400
Signed
2015-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James S Senall
Formed
1987
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
13
Employees
18
Volunteers
0

Preparer

Preparer
Michelle Cain
Phone
5854231860
Supplemental Narrative

Additional Explanations

Form 990 Part V, Line 7G, 7H, 8, 9A, 9B Explanation

NOT APPLICABLE

Form 990 Part XII, Line 2C Explanation

The process is consistent with prior years.

Form 990 Part IV, Lines 12A and 12B

The organization has both separate and consolidated financial statements. The organization is included in the consolidated financial statements of the university of rochester. Schedule d, parts xi-xiv reconcile to the organization's independent financial statements.

Financial Statement Notes

PART X, LINE 2:

The organization is organized as a non-profit corporation and is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and applicable state regulations. Accordingly, no provision for federal and state income taxes has been made. The organization has filed for and received income tax exemptions in the various jurisdictions where it is required to do so. The organization files tax returns in the u.s. Federal jurisdiction and in new york state. With few exceptions, as of june 30, 2014, the organization is no longer subject to u.s. Federal or state income tax examinations by tax authorities for years ended prior to june 30, 2011. The tax returns for the years ended june 30, 2011 through june 30, 2014 are still subject to potential audit by the irs and the taxing authorities in new york state. Management of the organization believes it has no material uncertain tax positions and, accordingly it has not recognized any liability for unrecognized tax benefits.

Raw XML AppendixShowing 400 of 1,046 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0210067
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0234728
IRS990/AccountsReceivableGrp/BOYAmt0109033
IRS990/AccountsReceivableGrp/EOYAmt0226596
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO BE A CATALYST FOR ENTREPRENEURSHIP AND INNOVATION-BASED ECONOMIC DEVELOPMENT BY APPLYING BUSINESS EXPERTISE AND NETWORK CONNECTIONS TO AID IN THE FORMATION AND PROFITABLE GROWTH OF COMPANIES IN THE GREATER ROCHESTER REGION.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02022
IRS990/AdvertisingGrp/ProgramServicesAmt013343
IRS990/AdvertisingGrp/TotalAmt015365
IRS990/AllOtherContributionsAmt0225448
IRS990/AllOtherExpensesGrp/ProgramServicesAmt050
IRS990/AllOtherExpensesGrp/TotalAmt050
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10JAMES SENALL
IRS990/BooksInCareOfDetail/PhoneNum05852142400
IRS990/BooksInCareOfDetail/USAddress/AddressLine10150 LUCIUS GORDON DRIVE
IRS990/BooksInCareOfDetail/USAddress/City0WEST HENRIETTA
IRS990/BooksInCareOfDetail/USAddress/State0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCode014586
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0180039
IRS990/CashNonInterestBearingGrp/EOYAmt0178148
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0134190
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0160085
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0294275
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02728
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0282926
IRS990/ConferencesMeetingsGrp/TotalAmt0285654
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01851318
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04848
IRS990/CYOtherExpensesAmt01581013
IRS990/CYOtherRevenueAmt023000
IRS990/CYProgramServiceRevenueAmt01145953
IRS990/CYRevenuesLessExpensesAmt0-179452
IRS990/CYSalariesCompEmpBnftPaidAmt01623558
IRS990/CYTotalExpensesAmt03204571
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03025119
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt034156
IRS990/DeferredRevenueGrp/EOYAmt0145112
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08207
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0163082
IRS990/DepreciationDepletionGrp/TotalAmt0171289
IRS990/Desc0STIMULATING GROWTH OF THE GREATER ROCHESTER TECHNOLOGY BASED BUSINESS SECTOR BY ACTIVELY FACILITATING THE IDENTIFICATION, DEVELOPMENT AND INCUBATION OF NEW BUSINESS OPPORTUNITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt018
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01742435
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt011201
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt029029
IRS990/FeesForServicesOtherGrp/TotalAmt040230
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt155.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1632.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt221033
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt13440927
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt149977
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt168704
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt179228
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1810018
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt199333
IRS990/Form990PartVIISectionAGrp/PersonNm0JOSE CORONAS
IRS990/Form990PartVIISectionAGrp/PersonNm1KURT GELKE
IRS990/Form990PartVIISectionAGrp/PersonNm2THERESA B MAZZULLO
IRS990/Form990PartVIISectionAGrp/PersonNm3SANDRA PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm4KIM PUGLIESE
IRS990/Form990PartVIISectionAGrp/PersonNm5JOSEPH RIZZO
IRS990/Form990PartVIISectionAGrp/PersonNm6PETER SCHOTT
IRS990/Form990PartVIISectionAGrp/PersonNm7JUDY SEIL
IRS990/Form990PartVIISectionAGrp/PersonNm8DEBBIE STENDARDI
IRS990/Form990PartVIISectionAGrp/PersonNm9DAN VIGGIANO III
IRS990/Form990PartVIISectionAGrp/PersonNm10CHRISTINE B WHITMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11LORI GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm12STANLEY D KONOPKO
IRS990/Form990PartVIISectionAGrp/PersonNm13PETER G ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm14JAMES S SENALL
IRS990/Form990PartVIISectionAGrp/PersonNm15DELMONIZE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm16SUZANNE A O'CONNOR
IRS990/Form990PartVIISectionAGrp/PersonNm17ROBERT J KOT
IRS990/Form990PartVIISectionAGrp/PersonNm18RONALD A DEBELLIS
IRS990/Form990PartVIISectionAGrp/PersonNm19MICHAEL D RIEDLINGER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14181651
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1681523
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17125255
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18115312
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19108552
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2205183
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt131263122
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1412000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR, VICE-CHAIR & SEC
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR & CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR & PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16MANAGING DIRECTOR, FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt17EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt01575870
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03025119
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03889
IRS990/InformationTechnologyGrp/ProgramServicesAmt026046
IRS990/InformationTechnologyGrp/TotalAmt029935
IRS990/InsuranceGrp/ManagementAndGeneralAmt02726
IRS990/InsuranceGrp/ProgramServicesAmt08286
IRS990/InsuranceGrp/TotalAmt011012
IRS990/InvestmentIncomeGrp/ExclusionAmt04848
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04848
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01788
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01788
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02479712
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04095471
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04053082
IRS990/LandBldgEquipCostOrOtherBssAmt06532794
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BE A CATALYST FOR ENTREPRENEURSHIP AND INNOVATION-BASED ECONOMIC DEVELOPMENT BY APPLYING BUSINESS EXPERTISE AND NETWORK CONNECTIONS TO AID IN THE FORMATION AND PROFITABLE GROWTH OF COMPANIES IN THE GREATER ROCHESTER REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05985941
IRS990/NetAssetsOrFundBalancesEOYAmt05806489
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01782
IRS990/OccupancyGrp/ProgramServicesAmt031367
IRS990/OccupancyGrp/TotalAmt033149
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01348
IRS990/OfficeExpensesGrp/ProgramServicesAmt08125
IRS990/OfficeExpensesGrp/TotalAmt09473
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03731
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt092279
IRS990/OtherEmployeeBenefitsGrp/TotalAmt096010
IRS990/OtherExpensesGrp/Desc0CONSULTING, CONTRACTUAL
IRS990/OtherExpensesGrp/Desc1PROPERTY MANAGEMENT
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3EQUIPMENT PURCHASES AND
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028552
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13662
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22822
IRS990/OtherExpensesGrp/ProgramServicesAmt0611326
IRS990/OtherExpensesGrp/ProgramServicesAmt1255535
IRS990/OtherExpensesGrp/ProgramServicesAmt217760
IRS990/OtherExpensesGrp/ProgramServicesAmt318363
IRS990/OtherExpensesGrp/TotalAmt0639878
IRS990/OtherExpensesGrp/TotalAmt1255535
IRS990/OtherExpensesGrp/TotalAmt221422
IRS990/OtherExpensesGrp/TotalAmt321185
IRS990/OtherLiabilitiesGrp/BOYAmt045403
IRS990/OtherLiabilitiesGrp/EOYAmt034639
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt023000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023000
IRS990/OtherRevenueTotalAmt023000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt053971
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01084068
IRS990/OtherSalariesAndWagesGrp/TotalAmt01138039
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04994
IRS990/PayrollTaxesGrp/ProgramServicesAmt090240
IRS990/PayrollTaxesGrp/TotalAmt095234
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0362852
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0336930
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014608
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027801
IRS990/PrincipalOfficerNm0JAMES S SENALL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0INCUBATOR RENT
IRS990/ProgramServiceRevenueGrp/Desc1PROJECT INCOME
IRS990/ProgramServiceRevenueGrp/Desc2SEMINAR INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0525649
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1385436
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2234868
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0525649
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1385436
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2234868
IRS990/ProgSrvcAccomActy2Grp/Desc0IMPROVING THE COMPETITIVE POSITION OF SMALL MANUFACTURING COMPANIES THROUGH PRODUCT AND PROCESS INNOVATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01085344
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0252443
IRS990/ProgSrvcAccomActy3Grp/Desc0MANAGING AND OPERATING THE BIOTECHNOLOGY INCUBATOR FACILITY FOR ROCHESTER BIOVENTURE CENTER, INC.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0107491
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0131057
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01162954
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010805
IRS990/PYOtherExpensesAmt01409633
IRS990/PYOtherRevenueAmt03896
IRS990/PYProgramServiceRevenueAmt01417070
IRS990/PYRevenuesLessExpensesAmt0-243412
IRS990/PYSalariesCompEmpBnftPaidAmt01428504
IRS990/PYTotalExpensesAmt02838137
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02594725
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-179452
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt050000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0785453
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01511776
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01396623
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01851318
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01162954
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01206657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01232330
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01492279
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06945538
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0530497
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0621061
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0618773
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0630409
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0632546
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03033286
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0651947
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0819069

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$36.6$5.64$31.0$14.7$12.0$2.64
2022Summary only. Only limited summary data is available for this year.$34.9$6.56$28.3$13.0$9.94$3.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.2$2.97$25.3$13.6$9.50$4.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.8$5.69$21.1$10.2$8.28$1.97
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.4$3.66$18.7$10.8$8.32$2.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.5$13.8$16.7$17.9$7.38$10.6
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$8.88$6.16$6.64$6.57$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.92$0.83$6.09$5.92$5.72$0.20
2015Detailed filing. Detailed filing data is available for this year.$6.77$0.88$5.89$5.25$5.16$0.09
2014Detailed filing. Detailed filing data is available for this year.$6.22$0.41$5.81$3.03$3.20$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.28$0.29$5.99$2.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.55$0.32$6.23$2.78
2011Summary only. Only limited summary data is available for this year.$6.58$0.23$6.35$2.56$2.62$0.06