Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
95th percentile
Higher net margin than 95% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 20.2% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
87th percentile
Faster revenue growth than 87% of similar nonprofits.
Assets
Down$2,197,575
Down $117,414 (-5.1%) from 2015
Net Assets
Up$840,895
Up $547,446 (+187%) from 2015
Liabilities
Down$1,356,680
Down $664,860 (-33%) from 2015
Revenue
Up$327,704
Up $161,394 (+97%) from 2015
Expenses
Up$86,720
Up $74 (+0.1%) from 2015
Net Income
Up$240,984
Up $161,320 (+203%) from 2015
The primary mission of impact finance is to promote community development by providing activities directed towards improving the social or economic conditions of underserved people or residents of distressed communities.
The primary mission of rochester community finance is to promote community development by providing activities directed towards improving the social or economic conditions of underserved people or residents of distressed communities.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $1,871,305 | $1,850,371 | ▼ $20,934 |
| Cash and Non-Interest-Bearing Accounts | $234,515 | $339,113 | ▲ $104,598 |
| Total Assets | $2,113,910 | $2,197,575 | ▲ $83,665 |
| Other Assets Total | $8,090 | $8,091 | ▲ $1 |
| Liabilities | |||
| Other Liabilities | $1,513,999 | $1,356,680 | ▼ $157,319 |
| Total Liabilities | $1,513,999 | $1,356,680 | ▼ $157,319 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $499,911 | $740,895 | ▲ $240,984 |
| Unrestricted Net Assets | $100,000 | $100,000 | → $0 |
| Total Net Assets Fund Balance | $599,911 | $840,895 | ▲ $240,984 |
| Total Liabilities and Net Assets / Fund Balance | $2,113,910 | $2,197,575 | ▲ $83,665 |
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Jennifer Woodford-related Org Comp | Executive Director | FT | $66,334 | $66,334 |
| Karel Weigel-related Org Comp | Interim Executive Director | FT | $57,769 | $57,769 |
| Name | Title |
|---|---|
| Joseph Powers | Chair |
| Mary Jo Majerus | Vice Chair |
| Jose Rivas | Secretary |
| Susan Strandberg | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $45,334 |
| Other Expenses | $41,386 |
| Total Fundraising Expense | $3,438 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $11,626 | $22,472 | $2,548 | $36,646 |
| Fees for Services Other | - | $16,287 | - | $16,287 |
| Current Officers, Directors, Trustees, and Key Employees | $2,756 | $5,042 | $890 | $8,688 |
| Depreciation Depletion | - | $4,348 | - | $4,348 |
| Office Expenses | $289 | $622 | - | $911 |
| Other Expenses | $238 | $512 | - | $750 |
| All Other Expenses | - | $300 | - | $300 |
| Travel | - | $70 | - | $70 |
| Total Functional Expenses | $23,579 | $59,703 | $3,438 | $86,720 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $2,903,807 |
| Expenses Not Reported on Form 990 | $2,817,087 |
| Expenses per Audited Statements | $86,720 |
| Total Expenses per Form 990 | $86,720 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to First Homes - Affiliate | $1,242,855 |
| Due to Rochester Area Foundation - Affiliate | $113,825 |
“Form 990 is presented to and discussed by the board before filing.”
“Officers, directors, trustees, and key employees are annually required to fill out and sign disclosure form. They must also verbally indicate whether a conflict exists and abstain from voting at board meeting.”
“The compensation of the executive director of the rochester area foundation is determined by the executive committee of the board of directors using comparability data from the council of foundations. The compensation of the organization's officers and key employees is determined by the executive director of the rochester area foundation using comparability data from the council of foundations and increases are based on merit.”
“Governing documents, conflict of interest policy and/or financial statements may be obtained by the public on the organization's website or upon request”
“Professional fees: program service expenses 0. Management and general expenses 16,287. Fundraising expenses 0. Total expenses 16,287.”
“The finance committee has the responsibility for oversight of the audit and selection of an independent accountant. The process has not changed from the prior year.”
“The organization is exempt from federal income taxes under section 501(c)(4) of the internal revenue code. The organization believes that no significant uncertain tax positions have been taken in its tax returns. At december 31, 2017, the organization did not record any liabilities for uncertain tax positions.”
“Reported by affiliates 7,135,044.”
“Reported by affiliates 2,817,087.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE PRIMARY MISSION OF ROCHESTER COMMUNITY FINANCE IS TO PROMOTE COMMUNITY DEVELOPMENT BY PROVIDING ACTIVITIES DIRECTED TOWARDS IMPROVING THE SOCIAL OR ECONOMIC CONDITIONS OF UNDERSERVED PEOPLE OR RESIDENTS OF DISTRESSED COMMUNITIES. |
| IRS990/AllOtherContributionsAmt | 0 | 50000 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 300 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 300 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JENNIFER WOODFORD |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5072820203 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 12 ELTON HILLS DRIVE NW |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ROCHESTER |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55901 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 234515 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 339113 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 890 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 5042 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 2756 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 8688 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 50000 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 274104 |
| IRS990/CYOtherExpensesAmt | 0 | 41386 |
| IRS990/CYOtherRevenueAmt | 0 | 3600 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 240984 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 45334 |
| IRS990/CYTotalExpensesAmt | 0 | 86720 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 3438 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 327704 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | 0 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 4348 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 4348 |
| IRS990/Desc | 0 | ROCHESTER COMMUNITY FINANCE, AN INITIATIVE OF THE ROCHESTER AREA FOUNDATION, IS COMMUNITY-WIDE EFFORT TO PROVIDE INCREASED ACCESS TO CAPITAL FOR LOW AND MODERATE INCOME INDIVIDUALS AND COMMUNITIES IN THE ROCHESTER AREA. ROCHESTER COMMUNITY FINANCE BRINGS TOGETHER THE EXPERTISE AND RESOURCES OF COMMUNITY ORGANIZATIONS TO SERVE: LOW INCOME INDIVIDUALS, INDIVIDUALS THAT LACK ADEQUATE ACCESS TO CAPITAL AND/OR FINANCIAL SERVICES, DISTRESSED COMMUNITIES AND UNDERSERVED PEOPLE/COMMUNITIES. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DistributionToDonorInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 23579 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 16287 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 16287 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 1920 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JOSEPH POWERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JOSE RIVAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MARY JO MAJERUS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SUSAN STRANDBERG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JENNIFER WOODFORD-RELATED ORG COMP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KAREL WEIGEL-RELATED ORG COMP |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 64414 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 57769 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | INTERIM EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2011 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 327704 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 274104 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 274104 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE PRIMARY MISSION OF ROCHESTER COMMUNITY FINANCE IS TO PROMOTE COMMUNITY DEVELOPMENT BY PROVIDING ACTIVITIES DIRECTED TOWARDS IMPROVING THE SOCIAL OR ECONOMIC CONDITIONS OF UNDERSERVED PEOPLE OR RESIDENTS OF DISTRESSED COMMUNITIES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 599911 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 840895 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 622 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 289 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 911 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 8090 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 8091 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | OFFICE LEASE |
| IRS990/OtherExpensesGrp/Desc | 1 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 2 | VALUATION ADJUSTMENT |
| IRS990/OtherExpensesGrp/Desc | 3 | TELEPHONE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 8400 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1650 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 512 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 4670 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 4000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 238 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 8400 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 6320 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4000 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 750 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1513999 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1356680 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | ADMIN FEE INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3600 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 3600 |
| IRS990/OtherRevenueTotalAmt | 0 | 3600 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 2548 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 22472 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 11626 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 36646 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 1871305 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 1850371 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | JENNIFER WOODFORD |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 50000 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 299628 |
| IRS990/PYOtherExpensesAmt | 0 | 39366 |
| IRS990/PYOtherRevenueAmt | 0 | 1404 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 306462 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 5204 |
| IRS990/PYTotalExpensesAmt | 0 | 44570 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 351032 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 240984 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 2817087 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 86720 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 2817087 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 113825 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 1242855 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO ROCHESTER AREA FOUNDATION - AFFILIATE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DUE TO FIRST HOMES - AFFILIATE |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 7135044 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 7135044 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 327704 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION BELIEVES THAT NO SIGNIFICANT UNCERTAIN TAX POSITIONS HAVE BEEN TAKEN IN ITS TAX RETURNS. AT DECEMBER 31, 2017, THE ORGANIZATION DID NOT RECORD ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | REPORTED BY AFFILIATES 7,135,044. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | REPORTED BY AFFILIATES 2,817,087. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 86720 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 1356680 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 327704 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 7462748 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 2903807 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990 IS PRESENTED TO AND DISCUSSED BY THE BOARD BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO FILL OUT AND SIGN DISCLOSURE FORM. THEY MUST ALSO VERBALLY INDICATE WHETHER A CONFLICT EXISTS AND ABSTAIN FROM VOTING AT BOARD MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE COMPENSATION OF THE EXECUTIVE DIRECTOR OF THE ROCHESTER AREA FOUNDATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS USING COMPARABILITY DATA FROM THE COUNCIL OF FOUNDATIONS. THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR OF THE ROCHESTER AREA FOUNDATION USING COMPARABILITY DATA FROM THE COUNCIL OF FOUNDATIONS AND INCREASES ARE BASED ON MERIT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR FINANCIAL STATEMENTS MAY BE OBTAINED BY THE PUBLIC ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,287. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,287. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE FINANCE COMMITTEE HAS THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XI, LINE 2C: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 1 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 1 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 2 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | ROCHESTER AREA FOUNDATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 1 | ROCHESTER AREA FOUNDATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | ROCHESTER AREA FOUNDATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | RAF PROPERTIES |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 2 | FIRST HOMES PROPERTIES |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 416017740 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 1 | 411891463 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 2 | 412004557 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)3 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 1 | 501(C)3 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 2 | 501(C)3 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 1 | MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 2 | MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | STRENGTHEN COMMUNITY PHILANTHROPY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 1 | TO RECEIVE, HOLD & DISBURSE ANY REAL PROPERTY FOR ROCHESTER AREA FOUNDATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 2 | TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE INCOME HOUSEHOLDS IN SE MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | 7 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 1 | 11A TYPE I |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 2 | 11A TYPE I |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 12 ELTON HILLS DRIVE NW |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 1 | 12 ELTON HILLS DRIVE NW |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 2 | 12 ELTON HILLS DRIVE NW |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | ROCHESTER |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 1 | ROCHESTER |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 2 | ROCHESTER |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 1 | MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 2 | MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 55901 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 1 | 55901 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 2 | 55901 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 1 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 1 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 1 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 113825 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 1 | 1242855 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | LOAN BALANCE |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 1 | LOAN BALANCE |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | ROCHESTER AREA FOUNDATION |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 1 | FIRST HOMES |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | D |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 1 | D |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxableDistributionsInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 499911 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 740895 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 2113910 |
| IRS990/TotalAssetsEOYAmt | 0 | 2197575 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2113910 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2197575 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 50000 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 3438 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 59703 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 23579 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 86720 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1513999 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1356680 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1513999 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1356680 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 599911 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 840895 |
| IRS990/TotalOtherCompensationAmt | 0 | 1920 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 23579 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 274104 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3600 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 327704 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 4 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2113910 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2197575 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 122183 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 70 |
| IRS990/TravelGrp/TotalAmt | 0 | 70 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 100000 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 100000 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 12 ELTON HILLS DRIVE NW |
| IRS990/USAddress/CityNm | 0 | ROCHESTER |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 55901 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JENNIFER WOODFORD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5072877117 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-07-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | IMPACT FINANCE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | IMPA |
| ReturnHeader/Filer/EIN | 0 | 274641831 |
| ReturnHeader/Filer/PhoneNum | 0 | 5072877117 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 12 ELTON HILLS DRIVE NW |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ROCHESTER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55901 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 34D35E626D3E3852BB458346890A93016E15C2B1 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.
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