Civic Intelligence

First Homes Properties

990 • Fiscal year 2020 • EIN 41-2004557

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

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

(507) 282-0203

Siviq Scores

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

Liabilities / Assets

49th percentile

0.21x

Higher debt load relative to assets than 49% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

1.49x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

89th percentile

44%

Higher net margin than 89% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$139,470

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

89th percentile

49%

Faster asset growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

477%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$15,451,628

Up $5,060,217 (+49%) from 2019

Net Assets

Up

$12,235,857

Up $2,210,164 (+22%) from 2019

Liabilities

Up

$3,215,771

Up $2,850,053 (+779%) from 2019

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin89th percentile

Revenue

Up

$2,160,519

Up $1,785,766 (+477%) from 2019

Expenses

Up

$1,217,281

Up $789,204 (+184%) from 2019

Net Income

Up

$943,238

Up $996,562 (+1869%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth89th 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

2020

Assets$15,451,628
Liabilities$3,215,771
Net Assets$12,235,857
Open 2020 Filing

Operations Trend

Revenue Growth98th 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

2020

Revenue$2,160,519
Expenses$1,217,281
Net Income$943,238
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$2,160,519
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$537,342$4,114,564▲ $3,577,222
Other Notes and Loans Receivable, Net$110,253$1,679,951▲ $1,569,698
Cash and Non-Interest-Bearing Accounts$282,886$599,754▲ $316,868
Receivables From Officers Etc$159,500$159,500→ $0
Accounts Receivable$4,807$12,931▲ $8,124
Prepaid Expenses and Deferred Charges$24,363$11,103▼ $13,260
Pledges and Grants Receivable$85,250$250▼ $85,000
Total Assets$10,391,411$15,451,628▲ $5,060,217
Other Assets Total$9,187,010$8,873,575▼ $313,435
Liabilities
Mortgage Notes Payable Secured by Investment Property$75,439$2,636,553▲ $2,561,114
Other Liabilities$286,778$571,981▲ $285,203
Accounts Payable and Accrued Expenses$3,501$7,237▲ $3,736
Total Liabilities$365,718$3,215,771▲ $2,850,053
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,025,693$12,135,857▲ $2,110,164
Net Assets Without Donor Restrictions-$100,000-
Total Net Assets Fund Balance$10,025,693$12,235,857▲ $2,210,164
Total Liabilities and Net Assets / Fund Balance$10,391,411$15,451,628▲ $5,060,217

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,956,528-$2,956,528
Land$1,158,036-$1,158,036
Equipment$0$36,823$36,823
Other Assets Org$145,724--
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer WoodfordExecutive DirectorPT$27,295$112,175$139,470

Board Members and Trustees

NameTitle
Natalie JonesChair
Mike BeckerVice Chair
Cate CallardTrustee
Chris StroudTrustee
Jose RivasTrustee
Kim WoodruffTrustee
Mike ParadiseTrustee
Sara TekleTrustee
Sheila KiscadenTrustee
Steven SpohnTrustee
Lisa LundquistSecretary (as of 9/2020)
Jamie LedentSecretary (until 8/2020)
Marco WagemanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,637,974
Program Service Revenue
$515,467
Investment Income
$7,078
Other Revenue
$0
All Other Contributions
$1,601,117
Change in Net Assets
$943,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$952,940
Salaries, Compensation, and Employee Benefits$264,341
Total Fundraising Expense$23,476
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$109,886$50,717$8,453$169,056
Interest$57,459$57,459$6,048$120,966
Depreciation Depletion$34,433$34,433$3,624$72,490
Other Employee Benefits$23,018$10,624$1,771$35,413
Other Expenses$25,039$8,346-$33,385
Current Officers, Directors, Trustees, and Key Employees$18,131$8,368$1,395$27,894
Fees for Services Accounting$14,128$4,710-$18,838
All Other Expenses$11,705$6,435$401$18,541
Payroll Taxes$10,770$4,971$828$16,569
Pension Plan Contributions$10,016$4,623$770$15,409
Office Expenses$7,844$2,615-$10,459
Fees for Services Legal$5,020$1,674-$6,694
Insurance$1,646$1,646$173$3,465
Conferences and Meetings$375$2,128-$2,503
Travel$960$320-$1,280
Advertising$126$126$13$265
Fees for Services Other$132$43-$175
Total Functional Expenses$978,656$215,149$23,476$1,217,281
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$525,633
Other Liabilities$46,348
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
5072820203
Address
12 ELTON HILLS DRIVE NW, ROCHESTER, MN 55901

Signing Officer

Name
Jennifer Woodford
Title
President
Phone
5072820203
Signed
2021-11-12
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, 1200, MINNEAPOLIS, MN 55402-2526
Preparer
Kacie Mcewen
Phone
6123324300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“On february 19, 2020 first homes properties purchases 100% interest in cedar street properties, llc. Cedar street properties is the sole owner of the center street apartments located in rochester, minnesota, and provides affordable housing to the greater rochester area.”

FORM 990, PART XI, LINE 9:

“Dissolution of impact finance 1,266,926.”

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, 2020 generally, the federal and minnesota tax returns for the organization are open for examination by taxing authorities for the years 2017 to 2020. At december 31, 2020, the organization did not record any liabilities for uncertain tax positions.”

Raw XML AppendixShowing 400 of 611 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/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13109179
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY (UNTIL 8/2020)
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY (AS OF 9/2020)
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
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt036857
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02160519
IRS990/GroupReturnForAffiliatesInd00
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IRS990/InsuranceGrp/FundraisingAmt0173
IRS990/InsuranceGrp/ManagementAndGeneralAmt01646
IRS990/InsuranceGrp/ProgramServicesAmt01646
IRS990/InsuranceGrp/TotalAmt03465
IRS990/InterestGrp/FundraisingAmt06048
IRS990/InterestGrp/ManagementAndGeneralAmt057459
IRS990/InterestGrp/ProgramServicesAmt057459
IRS990/InterestGrp/TotalAmt0120966
IRS990/InvestmentIncomeGrp/ExclusionAmt07078
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07078
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IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt036823
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0537342
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04114564
IRS990/LandBldgEquipCostOrOtherBssAmt04151387
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/BOYAmt075439
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02636553
IRS990/NetAssetsOrFundBalancesBOYAmt010025693
IRS990/NetAssetsOrFundBalancesEOYAmt012235857
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0100000
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02615
IRS990/OfficeExpensesGrp/ProgramServicesAmt07844
IRS990/OfficeExpensesGrp/TotalAmt010459
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09187010
IRS990/OtherAssetsTotalGrp/EOYAmt08873575
IRS990/OtherChangesInNetAssetsAmt01266926
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01771
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010624
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023018
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035413
IRS990/OtherExpensesGrp/Desc0REHAB HOUSE PROGRAM EXP
IRS990/OtherExpensesGrp/Desc1VALUATION ADJUSTMENT
IRS990/OtherExpensesGrp/Desc2REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3REAL ESTATE TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015911
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18346
IRS990/OtherExpensesGrp/ProgramServicesAmt0518235
IRS990/OtherExpensesGrp/ProgramServicesAmt182000
IRS990/OtherExpensesGrp/ProgramServicesAmt247733
IRS990/OtherExpensesGrp/ProgramServicesAmt325039
IRS990/OtherExpensesGrp/TotalAmt0518235
IRS990/OtherExpensesGrp/TotalAmt182000
IRS990/OtherExpensesGrp/TotalAmt263644
IRS990/OtherExpensesGrp/TotalAmt333385
IRS990/OtherLiabilitiesGrp/BOYAmt0286778
IRS990/OtherLiabilitiesGrp/EOYAmt0571981
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt08453
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt050717
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0109886
IRS990/OtherSalariesAndWagesGrp/TotalAmt0169056
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0110253
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01679951
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0828
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04971
IRS990/PayrollTaxesGrp/ProgramServicesAmt010770
IRS990/PayrollTaxesGrp/TotalAmt016569
IRS990/PensionPlanContributionsGrp/FundraisingAmt0770
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04623
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010016
IRS990/PensionPlanContributionsGrp/TotalAmt015409
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt085250
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0250
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024363
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011103
IRS990/PrincipalOfficerNm0JENNIFER WOODFORD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPER FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1COMMISSION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2COMMUNITY LAND TRUST L
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc4HOME SALE PROCEEDS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0210000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1145270
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt297760
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt357739
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt44698
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0210000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1145270
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt297760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt357739
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44698
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0119571
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06915
IRS990/PYOtherExpensesAmt0198706
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0248267
IRS990/PYRevenuesLessExpensesAmt0-53324
IRS990/PYSalariesCompEmpBnftPaidAmt0229371
IRS990/PYTotalExpensesAmt0428077
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0374753
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0159500
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0159500
IRS990/ReconcilationRevenueExpnssAmt0943238
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0515467
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
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ROCHESTER AREA FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,451,628
Liabilities
$3,215,771
Net assets
$12,235,857
Revenue
$2,160,519
Expenses
$1,217,281
Net income
$943,238
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
2020Detailed filing. Detailed filing data is available for this year.$15.5$3.22$12.2$2.16$1.22$0.94
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$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