Civic Intelligence

St. Jerome Hospital Foundation Inc.

990 • Fiscal year 2024 • EIN 22-2364281

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 10, 2025

PO Box 249Batavia, NY 14020

(585) 356-3419

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

9th percentile

-32%

Higher net margin than 9% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

53rd percentile

5.2%

Faster asset growth than 53% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-7.7%

Faster revenue growth than 24% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,189,154

Up $58,441 (+5.2%) from 2023

Net Assets

Up

$1,189,154

Up $58,441 (+5.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Down

$64,765

Down $5,379 (-7.7%) from 2023

Expenses

Down

$85,210

Down $4,195 (-4.7%) from 2023

Net Income

Down

-$20,445

Down $1,184 (-6.1%) from 2023

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $1,242,378Liabilities 2012: $116,860Net Assets 2012: $1,125,5182012Assets 2013: $1,228,632Liabilities 2013: $58,430Net Assets 2013: $1,170,2022013Assets 2014: $1,332,574Liabilities 2014: $0Net Assets 2014: $1,332,5742014Assets 2015: $1,307,551Liabilities 2015: $0Net Assets 2015: $1,307,5512015Assets 2016: $1,321,092Liabilities 2016: $0Net Assets 2016: $1,321,0922016Assets 2017: $1,265,120Liabilities 2017: $0Net Assets 2017: $1,265,1202017Assets 2018: $1,271,175Liabilities 2018: $0Net Assets 2018: $1,271,1752018Assets 2019: $1,310,377Liabilities 2019: $0Net Assets 2019: $1,310,3772019Assets 2021: $1,363,222Liabilities 2021: $0Net Assets 2021: $1,363,2222021Assets 2022: $1,110,386Liabilities 2022: $0Net Assets 2022: $1,110,3862022Assets 2023: $1,130,713Liabilities 2023: $0Net Assets 2023: $1,130,7132023Assets 2024: $1,189,154Liabilities 2024: $0Net Assets 2024: $1,189,1542024Assets 2025: $1,292,317Liabilities 2025: $0Net Assets 2025: $1,292,3172025

Highlighted filing

2024

Assets$1,189,154
Liabilities$0
Net Assets$1,189,154

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2012: $45,4912012Expenses 2013: $50,5742013Revenue 2014: $72,555Expenses 2014: $27,661Net Income 2014: $44,8942014Revenue 2015: $84,587Expenses 2015: $43,436Net Income 2015: $41,1512015Revenue 2016: $80,288Expenses 2016: $34,383Net Income 2016: $45,9052016Revenue 2017: $68,987Expenses 2017: $49,653Net Income 2017: $19,3342017Revenue 2018: $106,209Expenses 2018: $95,420Net Income 2018: $10,7892018Revenue 2019: $89,055Expenses 2019: $39,985Net Income 2019: $49,0702019Revenue 2021: $75,755Expenses 2021: $115,152Net Income 2021: -$39,3972021Revenue 2022: $123,203Expenses 2022: $117,026Net Income 2022: $6,1772022Revenue 2023: $70,144Expenses 2023: $89,405Net Income 2023: -$19,2612023Revenue 2024: $64,765Expenses 2024: $85,210Net Income 2024: -$20,4452024Revenue 2025: $123,334Expenses 2025: $89,107Net Income 2025: $34,2272025

Highlighted filing

2024

Revenue$64,765
Expenses$85,210
Net Income-$20,445
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 10, 2025
Return Version
2023v6.0
Gross Receipts
$146,325
Mission and Program Overview

Mission

Provide support to the community through assisting local hospitals and catholic services with needed funds.

To provide support to the community through assisting local hospitals and catholic services with needed funds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,077,192$1,157,591▲ $80,399
Savings and Temporary Cash Investments$50,457$27,542▼ $22,915
Cash and Non-Interest-Bearing Accounts$3,064$4,021▲ $957
Total Assets$1,130,713$1,189,154▲ $58,441
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,128,932$1,187,373▲ $58,441
Net Assets With Donor Restrictions$1,781$1,781→ $0
Total Net Assets Fund Balance$1,130,713$1,189,154▲ $58,441
Total Liabilities and Net Assets / Fund Balance$1,130,713$1,189,154▲ $58,441

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,781---$1,781
2022$1,781---$1,781
2021$1,781---$1,781
2020$1,781---$1,781
2019$1,781---$1,781
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$400
Program Service Revenue
$4,050
Investment Income
$60,315
Other Revenue
$0
All Other Contributions
$400
Change in Net Assets
$-20,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$68,200
Other Expenses$17,010
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$66,200--$66,200
Fees for Services Accounting-$3,875-$3,875
Fees for Services Management-$3,766-$3,766
Fees for Service Investment Mgmnt Fees-$2,774-$2,774
Office Expenses-$2,461-$2,461
Grants to Domestic Individuals$2,000--$2,000
Insurance-$1,495-$1,495
Other Expenses$1,764$625-$625
Fees for Services Other-$250-$250
Total Functional Expenses$69,964$15,246$0$85,210
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
United Memorial Medical Center FoundationBatavia, NY501c3Capital Improvements to the United Memorial Medical Center$30,000
ST JOSEPH'S SCHOOLBatavia, NY501c10To Support Programs Against Alcoholism and Substance Abuse, and Nurse Educator Expenses$20,000
Notre Dame HsBatavia, NY501c10Gcasa Counselor Salary and Faith in the Future Campaign$10,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the federal form 990 was provided and approved by the board prior to filing with the irs.

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

The board members annually review the conflict of interest policy to regularly and consistently monitor and enforce compliance with the policy.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Jerome Foundation
EIN
22-2364281
Phone
5853563419
Address
PO BOX 249, BATAVIA, NY 14020

Signing Officer

Name
Robert Balbick
Title
President
Phone
5853563419
Signed
2025-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Balbick
Formed
2004
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
14

Preparer

Firm
Freed Maxick Pc
Address
ONE EVANS STREET, BATAVIA, NY 14020-3110
Preparer
Nicole M White
Phone
5853441967
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Temporarily restricted funds are held for support of area hospitals.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt072284
IRS990/PYInvestmentIncomeAmt067619
IRS990/PYOtherExpensesAmt017121
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02525
IRS990/PYRevenuesLessExpensesAmt0-19261
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt089405
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt070144
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-20445
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt050457
IRS990/SavingsAndTempCashInvstGrp/EOYAmt027542
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt03
IRS990ScheduleA/SupportedOrganizationsTotalCnt03
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0222611543
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1160756398
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2510201919
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd21
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd12
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd22
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt030000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt120000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt210000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0UMMC FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1ST JOSEPH'S CATHOLIC SCHOOL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2NOTRE DAME HS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt060000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01781
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01781
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01781
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01781
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01781
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01781
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01781
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01781
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01781
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01781
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TEMPORARILY RESTRICTED FUNDS ARE HELD FOR SUPPORT OF AREA HOSPITALS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02
IRS990ScheduleI/RecipientTable/CashGrantAmt030000
IRS990ScheduleI/RecipientTable/CashGrantAmt120000
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C10
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CAPITAL IMPROVEMENTS TO THE UNITED MEMORIAL MEDICAL CENTER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO SUPPORT PROGRAMS AGAINST ALCOHOLISM AND SUBSTANCE ABUSE, AND NURSE EDUCATOR EXPENSES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GCASA COUNSELOR SALARY AND FAITH IN THE FUTURE CAMPAIGN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNITED MEMORIAL MEDICAL CENTER FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ST JOSEPH'S SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NOTRE DAME HS
IRS990ScheduleI/RecipientTable/RecipientEIN0222611543
IRS990ScheduleI/RecipientTable/RecipientEIN1160756398
IRS990ScheduleI/RecipientTable/RecipientEIN2510201919
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0127 NORTH ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12 SUMMIT ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt273 UNION ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BATAVIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BATAVIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm2BATAVIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd014020
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd114020
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd214020
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS AND AGREES TO ALL GRANTS AND PLEDGES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FEDERAL FORM 990 WAS PROVIDED AND APPROVED BY THE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01130713

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.00$1.29$0.12$0.09$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.06$0.09$0.02
2023Summary only. Only limited summary data is available for this year.$1.13$0.00$1.13$0.07$0.09$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.00$1.11$0.12$0.12$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.00$1.36$0.08$0.12$0.04
2019Summary only. Only limited summary data is available for this year.$1.31$0.00$1.31$0.09$0.04$0.05
2018Summary only. Only limited summary data is available for this year.$1.27$0.00$1.27$0.11$0.10$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.00$1.27$0.07$0.05$0.02
2016Summary only. Only limited summary data is available for this year.$1.32$0.00$1.32$0.08$0.03$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.08$0.04$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.07$0.03$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.06$1.17$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.12$1.13$0.05