Civic Intelligence

First Homes Properties

990 • Fiscal year 2019 • EIN 41-2004557

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 14, 2020

Organization ProfileWWW.FIRSTHOMES.ORG
12 Elton Hills Drive NWRochester, MN 55901

(507) 287-7117

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.04x

Higher debt load relative to assets than 23% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.98x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

13th percentile

-14%

Higher net margin than 13% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

34th percentile

$133,344

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 35.6% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

33rd percentile

-0.1%

Faster asset growth than 33% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

8th percentile

-37%

Faster revenue growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Down

$10,391,411

Down $15,589 (-0.1%) from 2018

Net Assets

Down

$10,025,693

Down $53,324 (-0.5%) from 2018

Liabilities

Up

$365,718

Up $37,735 (+12%) from 2018

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin13th percentile

Revenue

Down

$374,753

Down $219,065 (-37%) from 2018

Expenses

Down

$428,077

Down $112,653 (-21%) from 2018

Net Income

Down

-$53,324

Down $106,412 (-200%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$30M$20M$10M$0Assets 2011: $15,083,974Liabilities 2011: $6,292,848Net Assets 2011: $8,791,1262011Assets 2012: $13,496,434Liabilities 2012: $4,827,129Net Assets 2012: $8,669,3052012Assets 2013: $11,363,335Liabilities 2013: $2,518,389Net Assets 2013: $8,844,9462013Assets 2014: $10,900,293Liabilities 2014: $1,858,792Net Assets 2014: $9,041,5012014Assets 2015: $10,579,354Liabilities 2015: $627,755Net Assets 2015: $9,951,5992015Assets 2016: $10,368,953Liabilities 2016: $322,187Net Assets 2016: $10,046,7662016Assets 2017: $10,125,923Liabilities 2017: $99,994Net Assets 2017: $10,025,9292017Assets 2018: $10,407,000Liabilities 2018: $327,983Net Assets 2018: $10,079,0172018Assets 2019: $10,391,411Liabilities 2019: $365,718Net Assets 2019: $10,025,6932019Assets 2020: $15,451,628Liabilities 2020: $3,215,771Net Assets 2020: $12,235,8572020Assets 2021: $16,429,710Liabilities 2021: $3,010,911Net Assets 2021: $13,418,7992021Assets 2022: $17,370,195Liabilities 2022: $3,661,788Net Assets 2022: $13,708,4072022Assets 2023: $20,946,653Liabilities 2023: $5,965,354Net Assets 2023: $14,981,2992023Assets 2024: $19,924,240Liabilities 2024: $3,926,951Net Assets 2024: $15,997,2892024

Highlighted filing

2019

Assets$10,391,411
Liabilities$365,718
Net Assets$10,025,693
Open 2019 Filing

Operations Trend

Revenue Growth8th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $811,5222011Expenses 2012: $793,5722012Revenue 2013: $587,054Expenses 2013: $411,413Net Income 2013: $175,6412013Revenue 2014: $422,619Expenses 2014: $226,064Net Income 2014: $196,5552014Revenue 2015: $1,104,880Expenses 2015: $194,782Net Income 2015: $910,0982015Revenue 2016: $365,206Expenses 2016: $270,039Net Income 2016: $95,1672016Revenue 2017: $512,810Expenses 2017: $533,647Net Income 2017: -$20,8372017Revenue 2018: $593,818Expenses 2018: $540,730Net Income 2018: $53,0882018Revenue 2019: $374,753Expenses 2019: $428,077Net Income 2019: -$53,3242019Revenue 2020: $2,160,519Expenses 2020: $1,217,281Net Income 2020: $943,2382020Revenue 2021: $2,175,189Expenses 2021: $992,247Net Income 2021: $1,182,9422021Revenue 2022: $1,361,871Expenses 2022: $1,072,263Net Income 2022: $289,6082022Revenue 2023: $1,865,211Expenses 2023: $992,319Net Income 2023: $872,8922023Revenue 2024: $2,969,106Expenses 2024: $1,953,116Net Income 2024: $1,015,9902024

Highlighted filing

2019

Revenue$374,753
Expenses$428,077
Net Income-$53,324
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 14, 2020
Return Version
2019v5.1
Gross Receipts
$374,753
Mission and Program Overview

Mission

To provide opportunities for low and moderate income households in southeastern minnesota counties to secure housing that is decent and affordable and to make loans to low and moderate income households for housing purposes.

To provide opportunities for low and moderate income households in southeastern minnesota counties to secure housing that is decent and affordable.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$374,423$537,342▲ $162,919
Cash and Non-Interest-Bearing Accounts$314,544$282,886▼ $31,658
Receivables From Officers Etc$159,500$159,500→ $0
Other Notes and Loans Receivable, Net$110,253$110,253→ $0
Pledges and Grants Receivable$50,000$85,250▲ $35,250
Prepaid Expenses and Deferred Charges$6,775$24,363▲ $17,588
Accounts Receivable$158,728$4,807▼ $153,921
Total Assets$10,407,000$10,391,411▼ $15,589
Other Assets Total$9,232,777$9,187,010▼ $45,767
Liabilities
Other Liabilities$72,825$286,778▲ $213,953
Mortgage Notes Payable Secured by Investment Property$253,299$75,439▼ $177,860
Accounts Payable and Accrued Expenses$1,859$3,501▲ $1,642
Total Liabilities$327,983$365,718▲ $37,735
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,079,017$10,025,693▼ $53,324
Total Net Assets Fund Balance$10,079,017$10,025,693▼ $53,324
Total Liabilities and Net Assets / Fund Balance$10,407,000$10,391,411▼ $15,589

Asset Categories

AssetBook ValueDepreciationBasis
Land$537,342-$537,342
Equipment$0$36,823$36,823
Other Assets Org$1,242,855--
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer WoodfordExecutive DirectorPT$26,070$107,274$133,344

Board Members and Trustees

NameTitle
Natalie JonesChair
Mike BeckerVice Chair
Anthony FerkTrustee
Chris StroudTrustee
Jose RivasTrustee
Kim WoodruffTrustee
Lisa LundquistTrustee
Mike ParadiseTrustee
Sheila KiscadenTrustee
Steven SpohnTrustee
Karel WeigelTrustee (partial Year)
Jamie LedentSecretary
Marco WaggmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$119,571
Program Service Revenue
$248,267
Investment Income
$6,915
Other Revenue
$0
All Other Contributions
$70,815
Change in Net Assets
$-53,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$229,371
Other Expenses$198,706
Total Fundraising Expense$14,300
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$101,303$46,755$7,793$155,851
Other Employee Benefits$20,466$9,446$1,574$31,486
Depreciation Depletion$14,250$14,250$1,500$30,000
Current Officers, Directors, Trustees, and Key Employees$17,335$8,001$1,333$26,669
Fees for Services Accounting$13,447$4,483-$17,930
Payroll Taxes$9,987$4,610$768$15,365
Interest$5,444$5,444$573$11,461
Office Expenses$5,613$1,871-$7,484
Occupancy$2,837$2,837$299$5,973
Fees for Services Legal$4,463$1,488-$5,951
Insurance$2,384$2,384$251$5,019
All Other Expenses$1,590$1,590$167$3,347
Conferences and Meetings$359$2,037-$2,396
Travel$1,515$505-$2,020
Advertising$261$261$27$549
Fees for Services Other$356$119-$475
Other Expenses$140$140$15$295
Total Functional Expenses$302,099$111,678$14,300$428,077
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$159,500$159,500→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Rochester Area Foundation$286,778
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 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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Rochester area foundation is the sole member of first homes properties.”

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

“The board of directors shall be appointed by the sole member, rochester area foundation.”

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

“Rochester area foundation, as the sole member, has the right to approve certain actions of the board, as outlined in the governing documents.”

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

“An electronic copy of form 990 is provided to the board of directors for review prior to filing with the irs.”

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

“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.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and/or financial statements may be obtained by the public upon request for the same period of disclosure as set forth in section 6104(d).”

Filing and Contact Details

Filer

Filer Name
First Homes Properties
EIN
41-2004557
Phone
5072877117
Address
12 ELTON HILLS DRIVE NW, ROCHESTER, MN 55901

Signing Officer

Name
Jennifer Woodford
Title
President
Phone
5072877117
Signed
2020-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Woodford
Formed
2001
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
13

Preparer

Firm
Rsm US Llp
Address
801 NICOLLET MALL WEST TOWER STE, 1100, MINNEAPOLIS, MN 55402-2526
Preparer
Kacie Mcewen
Phone
6123324300
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 2C:

“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.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The organization believes that no significant uncertain tax positions have been taken in its tax returns. At december 31, 2019 generally, the federal and minnesota tax returns for the organization are open for examination by taxing authorities for the years 2016 to 2019. At december 31, 2019, the organization did not record any liabilities for uncertain tax positions.”

Raw XML AppendixShowing 400 of 600 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.

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IRS990/Desc0FIRST HOMES HAS BEEN A LEADER IN AFFORDABLE HOUSING DEVELOPMENT AND ASSOCIATED LENDING IN SOUTHEAST MINNESOTA SINCE 2000. FIRST HOMES HAS HELPED TO PRODUCE AND FINANCE MORE THAN 1,100 UNITS OF WORKFORCE HOUSING INCLUDING SINGLE FAMILY NEW CONSTRUCTION AND PURCHASE REHAB, COMMUNITY LAND TRUST, AND MULTI-FAMILY RENTAL PROJECTS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE (PARTIAL YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt048756
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0374753
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt0251
IRS990/InsuranceGrp/ManagementAndGeneralAmt02384
IRS990/InsuranceGrp/ProgramServicesAmt02384
IRS990/InsuranceGrp/TotalAmt05019
IRS990/InterestGrp/FundraisingAmt0573
IRS990/InterestGrp/ManagementAndGeneralAmt05444
IRS990/InterestGrp/ProgramServicesAmt05444
IRS990/InterestGrp/TotalAmt011461
IRS990/InvestmentIncomeGrp/ExclusionAmt06915
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06915
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt036823
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0374423
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0537342
IRS990/LandBldgEquipCostOrOtherBssAmt0574165
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE INCOME HOUSEHOLDS IN SOUTHEASTERN MINNESOTA COUNTIES TO SECURE HOUSING THAT IS DECENT AND AFFORDABLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0253299
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt075439
IRS990/NetAssetsOrFundBalancesBOYAmt010079017
IRS990/NetAssetsOrFundBalancesEOYAmt010025693
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0299
IRS990/OccupancyGrp/ManagementAndGeneralAmt02837
IRS990/OccupancyGrp/ProgramServicesAmt02837
IRS990/OccupancyGrp/TotalAmt05973
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01871
IRS990/OfficeExpensesGrp/ProgramServicesAmt05613
IRS990/OfficeExpensesGrp/TotalAmt07484
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09232777
IRS990/OtherAssetsTotalGrp/EOYAmt09187010
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01574
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09446
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020466
IRS990/OtherEmployeeBenefitsGrp/TotalAmt031486
IRS990/OtherExpensesGrp/Desc0REHAB HOUSE PROGRAM EXP
IRS990/OtherExpensesGrp/Desc1REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3MORTGAGE REGISTRATION T
IRS990/OtherExpensesGrp/FundraisingAmt015
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04545
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1912
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2140
IRS990/OtherExpensesGrp/ProgramServicesAmt083975
IRS990/OtherExpensesGrp/ProgramServicesAmt113636
IRS990/OtherExpensesGrp/ProgramServicesAmt22738
IRS990/OtherExpensesGrp/ProgramServicesAmt3140
IRS990/OtherExpensesGrp/TotalAmt083975
IRS990/OtherExpensesGrp/TotalAmt118181
IRS990/OtherExpensesGrp/TotalAmt23650
IRS990/OtherExpensesGrp/TotalAmt3295
IRS990/OtherLiabilitiesGrp/BOYAmt072825
IRS990/OtherLiabilitiesGrp/EOYAmt0286778
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07793
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt046755
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0101303
IRS990/OtherSalariesAndWagesGrp/TotalAmt0155851
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0110253
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0110253
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0768
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04610
IRS990/PayrollTaxesGrp/ProgramServicesAmt09987
IRS990/PayrollTaxesGrp/TotalAmt015365
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt050000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt085250
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06775
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024363
IRS990/PrincipalOfficerNm0JENNIFER WOODFORD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0COMMUNITY LAND TRUST L
IRS990/ProgramServiceRevenueGrp/Desc1COMMISSION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2HOME SALE PROCEEDS
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc4RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt098041
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt189255
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt252306
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt37865
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt098041
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt189255
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt252306
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37865
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4800
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0211328
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07013
IRS990/PYOtherExpensesAmt0309732
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0375477
IRS990/PYRevenuesLessExpensesAmt053088
IRS990/PYSalariesCompEmpBnftPaidAmt0230998
IRS990/PYTotalExpensesAmt0540730
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0593818
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0159500
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0159500
IRS990/ReconcilationRevenueExpnssAmt0-53324
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0248267
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/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0416017740
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ROCHESTER AREA FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,391,411
Liabilities
$365,718
Net assets
$10,025,693
Revenue
$374,753
Expenses
$428,077
Net income
-$53,324
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.9$3.93$16.0$2.97$1.95$1.02
2023Summary only. Only limited summary data is available for this year.$20.9$5.97$15.0$1.87$0.99$0.87
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$3.66$13.7$1.36$1.07$0.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$3.01$13.4$2.18$0.99$1.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$3.22$12.2$2.16$1.22$0.94
2019Detailed filing. Detailed filing data is available for this year.$10.4$0.37$10.0$0.37$0.43$0.05
2018Summary only. Only limited summary data is available for this year.$10.4$0.33$10.1$0.59$0.54$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.10$10.0$0.51$0.53$0.02
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.32$10.0$0.37$0.27$0.10
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$0.63$9.95$1.10$0.19$0.91
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.9$1.86$9.04$0.42$0.23$0.20
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$2.52$8.84$0.59$0.41$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.5$4.83$8.67$0.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$6.29$8.79$0.81