2022-10-07T12:26:11-05:00 2021-12-31 161131146 BONADIO & CO LLP 171 SULLYS TRAIL PITTSFORD NY 14534 990 2021-01-01 161104636 ROCHESTER INDUSTRIES EDUCATIONAL FUND INC ROCH 5852441800 150 STATE STREET ROCHESTER NY 14614 CHRISTYNE HUERTA CFO 5852441800 2022-10-07 1 CHRISTYNE HUERTA 999009999 JEFFREY PAILLE P01378272 5853811000 2022-10-07 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z CHRISTYNE HUERTA 150 STATE STREET ROCHESTER NY 14614 609868 0 X WWW.GREATERROCHESTERCHAMBER.COM X 1978 NY ROCHESTER INDUSTRIES EDUCATIONAL FUND, INC. PROMOTES, SUPPLEMENTS AND ENRICHES THE EDUCATION AND WELFARE OF YOUNG PEOPLE IN THE ROCHESTER, NEW YORK AREA BY HELPING INDIVIDUALS DISCOVER THE CAREER OPPORTUNITIES OPEN TO THEM IN A TECHNOLOGY-ORIENTED WORLD AND TO HELP PROVIDE THE STEPS NECESSARY TO BECOME A PRODUCTIVE PART OF THAT WORLD THROUGH BOTH DIRECT TRAINING AND SUPPORT OF OTHER ORGANIZATIONS IN THE REGION CONDUCTING SIMILAR ACTIVITIES. 45 45 0 0 0 0 912494 518202 64740 91666 0 0 0 0 977234 609868 0 0 0 0 377280 496002 0 0 0 647769 784887 1025049 1280889 -47815 -671021 3405551 2807704 421561 494735 2983990 2312969 X THE COMPANY'S PURPOSE IS TO:A. PROMOTE, SUPPLEMENT, AND ENRICH THE EDUCATION AND WELFARE OF STUDENTS IN THE ROCHESTER, NEW YORK AREA; B. PROMOTE, SUPPLEMENT, AND ENRICH THE STUDY OF SCIENCE AND MATHEMATICS BY HIGH SCHOOL AND JUNIOR HIGH SCHOOL STUDENTS IN THE ROCHESTER, NEW YORK AREA;C. PROVIDE TRAINING AND RELATED ASSISTANCE AND SUPPORTIVE SERVICE TO ADULT WORKERS, EMPLOYED, UNEMPLOYED, AND UNEMPLOYABLE PERSONS, INCLUDING THOSE FROM ECONOMICALLY DISADVANTAGED AREAS OF MONROE COUNTY, IN ORDER TO INCREASE THEIR SELF-SUFFICIENCY, IMPROVE WORK COMPETENCIES, AND MAXIMIZE JOB OPPORTUNITIES; ANDD. SUPPORT THE CHARITABLE ACTIVITIES OF OTHER ORGANIZATIONS AND COMMUNITY INITIATIVES THAT PROMOTE ECONOMIC DEVELOPMENT IN THE GREATER ROCHESTER AREA OF NEW YORK. 0 0 91666 TRAINING: PROMOTE, SUPPLEMENT AND ENRICH WORKFORCE TRAINING OF REGIONAL EMPLOYEES. (118 INDIVIDUALS, 61 COMPANIES SERVED) 1240793 COORDINATION AND CONVENING: ESTABLISH RELATIONSHIPS WITH CHARITABLE, EDUCATIONAL, AND BUSINESS ORGANIZATIONS IN THE GREATER ROCHESTER & FINGER LAKES REGION TO STRATEGICALLY COORDINATE EFFORTS IN FURTHERANCE OF ECONOMIC VITALITY AND OPPORTUNITY FOR THE REGION'S WORKFORCE. THIS INCLUDES PROVIDING ADMINISTRATIVE SUPPORT FOR THE ROC2025 INITIATIVE, A POWERFUL ALLIANCE OF ECONOMIC DEVELOPMENT ORGANIZATIONS DEDICATED TO MAKING GREATER ROCHESTER, NEW YORK ONE OF THE MOST DYNAMIC AND RAPIDLY GROWING REGIONAL ECONOMIES IN THE UNITED STATES. 1240793 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 45 45 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X CHRISTYNE HUERTA 5852441800 150 STATE STREET ROCHESTER NY 14614 ROBERT S SANDS CHAIRMAN 1.00 1.00 X X 0 0 0 ERIC JOHNSON VICE CHAIR 1.00 1.00 X X 0 0 0 LAUREN DIXON 2ND VICE CHAIR 1.00 1.00 X X 0 0 0 DAVID BEINETTI BOARD MEMBER 1.00 1.00 X 0 0 0 ERIC BIEBER BOARD MEMBER 1.00 1.00 X 0 0 0 MARTIN BIRMINGHAM BOARD MEMBER 1.00 1.00 X 0 0 0 JULIE CAMARDO BOARD MEMBER 1.00 1.00 X 0 0 0 DANIEL DIEFENDORF BOARD MEMBER 1.00 1.00 X 0 0 0 WILLIAM GOODRICH BOARD MEMBER 1.00 1.00 X 0 0 0 DINAH GUELDENPFENNIG BOARD MEMBER 1.00 1.00 X 0 0 0 JAMES HAMMER BOARD MEMBER 1.00 1.00 X 0 0 0 DANIEL BURNS BOARD MEMBER 1.00 1.00 X 0 0 0 DEANNA BURT-NANNA BOARD MEMBER 1.00 1.00 X 0 0 0 LAUREN KELLY BOARD MEMBER 1.00 1.00 X 0 0 0 MICHELE LIDDLE BOARD MEMBER 1.00 1.00 X 0 0 0 STEFANI LIDESTRI BOARD MEMBER 1.00 1.00 X 0 0 0 HEIDI MACPHERSON BOARD MEMBER 1.00 1.00 X 0 0 0 FAHEEM MASOOD BOARD MEMBER 1.00 1.00 X 0 0 0 BRADLEY MCAREAVY BOARD MEMBER 1.00 1.00 X 0 0 0 DANA MEHNERT BOARD MEMBER 1.00 1.00 X 0 0 0 JETT MEHTA BOARD MEMBER 1.00 1.00 X 0 0 0 MARTIN MUCCI BOARD MEMBER 1.00 1.00 X 0 0 0 MICHAEL NUCCITELLI BOARD MEMBER 1.00 1.00 X 0 0 0 JOHNATHAN PERROTTI BOARD MEMBER 1.00 1.00 X 0 0 0 DEANA PORTERFIELD BOARD MEMBER 1.00 1.00 X 0 0 0 TYRONE REAVES BOARD MEMBER 1.00 1.00 X 0 0 0 JAMES REED BOARD MEMBER 1.00 1.00 X 0 0 0 GERALD ROONEY BOARD MEMBER 1.00 1.00 X 0 0 0 DONNA SHULTZ BOARD MEMBER 1.00 1.00 X 0 0 0 MATTHEW TIPPLE BOARD MEMBER 1.00 1.00 X 0 0 0 DANIEL WEGMAN BOARD MEMBER 1.00 1.00 X 0 0 0 JAMES YOCKEL BOARD MEMBER 1.00 1.00 X 0 0 0 JOHNATHAN PITTON BOARD MEMBER 1.00 1.00 X 0 0 0 ANDREW GALLINA BOARD MEMBER 1.00 1.00 X 0 0 0 SUSAN HOLLIDAY BOARD MEMBER 1.00 1.00 X 0 0 0 THOMAS JUDSON BOARD MEMBER 1.00 1.00 X 0 0 0 STEVEN LEVAN BOARD MEMBER 1.00 1.00 X 0 0 0 DAVID MUNSON BOARD MEMBER 1.00 1.00 X 0 0 0 ELIZABETH PAUL BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN DUTCH SUMMERS BOARD MEMBER 1.00 1.00 X 0 0 0 TERRANCE TABER BOARD MEMBER 1.00 1.00 X 0 0 0 BRIAN FLANAGAN SECRETARY/TREASURER 1.00 1.00 X 0 0 0 MARK TAUBMAN BOARD MEMBER 1.00 1.00 X 0 0 0 THOMAS WILMOT BOARD MEMBER 1.00 1.00 X 0 0 0 JAY GREEN BOARD MEMBER 1.00 1.00 X 0 0 0 ROBERT LEMEN CHIEF FINANCIAL OFFICER (THRU 2/2022) 1.00 36.50 X 0 132227 4255 ROBERT DUFFY PRESIDENT & CEO 1.00 60.00 X 0 332257 34857 JOSEPH STEFKO CEO OF ROC2025, INC. (OUTSOURCED) 10.00 30.00 X 0 246347 31367 BARBARA EGENHOFER CHIEF OF TALENT STRATEGY 40.00 1.00 X 0 175774 4884 0 886605 75363 0 0 1 0 0 518202 518202 TRAINING PROGRAMS 900099 91666 91666 91666 609868 91666 0 0 X 442519 442519 11319 11319 16533 16533 25631 25631 13800 13800 666088 658085 8003 38858 38858 10716 10716 SMALL BUSINESS COUNCIL 47591 47591 OTHER 7834 257 7577 1280889 1240793 40096 0 1417052 1455731 1922105 1265589 14924 4949 13744 393122 325431 51470 67691 0 3405551 2807704 36983 17305 10643 22569 373935 454861 421561 494735 X 158500 183281 2825490 2129688 2983990 2312969 3405551 2807704 -671021 0 X 0 1 X 1 0 X 2500 355000 3204895 912494 518202 4993091 2500 355000 3204895 912494 518202 4993091 3402083 1591008 4993091 385616 0.31860 0.27950 X THE ORGANIZATION MEETS THE 10% FACTS AND CIRCUMSTANCES TEST BASED ON THE FOLLOWING CONSIDERATIONS:THE ORGANIZATION'S PUBLIC SUPPORT PERCENTAGE, AS CALCULATED IN SCHEDULE A, PART II, LINE 14, IS 31.86%. THE ORGANIZATION HAS RECEIVED A NUMBER OF LARGE GIFTS IN THE LAST THREE YEARS THAT HAVE DRIVEN THE OVERALL PUBLIC SUPPORT PERCENTAGE BELOW 33.33%. THE ORGANIZATION'S BASE OF SUPPORT IS BROAD. RECENT CONTRIBUTIONS HAVE COME FROM A DIVERSE GROUP OF EMPLOYERS OPERATING IN THE GREATER ROCHESTER, NEW YORK REGION. THESE EMPLOYERS HAVE NO RELATIONSHIP TO EACH OTHER BEYOND A DESIRE TO SUPPORT THE ECONOMIC VITALITY OF THE GREATER ROCHESTER REGION.THE ORGANIZATION'S GOVERNANCE IS DIVERSE. THE ORGANIZATION'S SOLE CORPORATE MEMBER IS THE GREATER ROCHESTER CHAMBER OF COMMERCE. THE CHAMBER OF COMMERCE IS GOVERNED BY A BOARD COMPRISED OF THE CEOS OF DOZENS OF EMPLOYERS OPERATING IN THE GREATER ROCHESTER REGION. THIS DIVERSE GROUP OF EMPLOYERS SERVE AS THE ORGANIZATION'S GOVERNING BODY AND REPRESENT VIRTUALLY EVERY IMAGINABLE INDUSTRY AND EMPLOYERS OF ALL SIZES.THE ORGANIZATION'S LARGEST EXPENDITURE IS SUPPORTING THE ROC2025 INITIATIVE, WHICH IS AN INITIATIVE TO FORMULATE A STRATEGY TO INCREASE THE ECONOMIC VITALITY OF THE GREATER ROCHESTER, NEW YORK REGION. THIS INCLUDES THE PRODUCTION OF A STUDY EVALUATING THE CURRENT STATE AND ESTABLISHING RECOMMENDATIONS TO ULTIMATELY BE SHARED WITH THE ENTIRE COMMUNITY.THE ORGANIZATION'S ACTIVITIES DEPEND ON BROAD PUBLIC INVOLVEMENT. THE ORGANIZATION'S ACTIVITIES INCLUDE PARTICIPATION BY THE LEADERS OF A VAST ARRAY OF THE REGION'S EMPLOYERS, FROM THE LARGEST COMPANIES TO THE SMALLEST. AND THE ORGANIZATION'S TRAINING AND EDUCATIONAL PROGRAMS ARE AVAILABLE TO ANY MEMBER OF THE PUBLIC THROUGHOUT THE REGION OR EVEN BEYOND. THE ORGANIZATION HAS DEFINITIVE PROGRAMS TO ACCOMPLISH ITS CHARITABLE WORK. THE ORGANIZATION'S EDUCATIONAL PROGRAMS ARE HIGHLY RESPECTED AND REGULARLY SCHEDULED, AS THEY HAVE BEEN FOR YEARS. OTHER ACTIVITIES SUCH AS THE SMALL BUSINESS COUNCIL CARES PROGRAMS BRING TOGETHER COMPANIES AND THEIR EMPLOYEES FROM ACROSS THE REGION TO SUPPORT SPECIFIC CHARITABLE ENDEAVORS. THE ORGANIZATION'S SUPPORT FOR THE ROC2025 INITIATIVE IS NEWER AND THEREFORE DEFINITIVE PROGRAMMATIC EFFORTS ARE STILL IN DEVELOPMENT.THE ORGANIZATION'S MEMBERSHIP IS DIVERSE AND AFFORDABLE. THE ORGANIZATION'S ASSOCIATION WITH THE GREATER ROCHESTER CHAMBER OF COMMERCE ALLOWS FOR ALL MEMBERS OF THE CHAMBER TO FUNCTION AS MEMBERS OF THE ORGANIZATION. THIS INCLUDES A VAST ARRAY OF EMPLOYERS FROM THROUGHOUT THE REGION, FROM VERY LARGE EMPLOYERS TO VERY SMALL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 393122 325431 67691 67691 DUE TO AFFILIATES 454861 454861 609868 0 609868 0 609868 1280889 0 1280889 0 1280889 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ROBERT DUFFY PRESIDENT & CEO 0 286288 0 35000 0 10969 0 15000 0 19857 0 367114 0 0 JOSEPH STEFKO CEO OF ROC2025, INC. (OUTSOURCED) 0 211077 0 35000 0 270 0 10000 0 21367 0 277714 0 0 BARBARA EGENHOFER CHIEF OF TALENT STRATEGY 0 150000 0 25000 0 774 0 0 0 4884 0 180658 0 0 PART I, LINE 1A MR. DUFFY'S COMPENSATION IS DETERMINED AND APPROVED BY THE HR AND COMPENSATION COMMITTEE OF THE GREATER ROCHESTER CHAMBER OF COMMERCE, WHICH IS THE SOLE CORPORATE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FINAL FORM 990 WAS PROVIDED ELECTRONICALLY TO THE FINANCE COMMITTEE FOR THEIR REVIEW AND COMMENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED ANNUALLY TO ALL DIRECTORS AND OFFICERS SOLICITING THE DISCLOSURE OF ALL CONFLICTS OF INTEREST, INCLUDING SPECIFIC INFORMATION CONCERNING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE CORPORATION AND WHETHER THE PROCESS FOR APPROVAL WAS USED. A DIRECTOR SHALL DISCLOSE PRIOR TO VOTING ON OR OTHERWISE DISCHARGING HIS/HER DUTIES WITH RESPECT TO ANY MATTER INVOLVING THE CONFLICT WHICH COMES BEFORE THE BOARD. THE BOARD SHALL APPROVE ONLY THOSE CONTRACTS OR TRANSACTIONS IN WHICH THE TERMS ARE FAIR AND REASONABLE TO THE CORPORATION AND THE ARRANGEMENTS ARE CONSISTENT WITH THE BEST INTERESTS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 15 THE RELATED ORGANIZATION'S EXECUTIVE COMMITTEE (GREATER ROCHESTER CHAMBER OF COMMERCE) REVIEWS THE CEO'S COMPENSATION PACKAGE ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES SUPPORTING THE ROC2025 INITIATIVE: PROGRAM SERVICE EXPENSES 658,085. MANAGEMENT AND GENERAL EXPENSES 8,003. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 666,088. FORM 990, PART IX, COLUMN D THE ORGANIZATION INCURRED NO FUNDRAISING EXPENSE IN 2021 AS ALL FUNDRAISING ACTIVITIES WERE CONDUCTED BY VOLUNTEERS, WHOSE TIME AND EFFORTS DO NOT MEET THE CRITERIA FOR RECOGNITION UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. GREATER ROCHESTER CHAMBER OF COMMERCE INC 150 STATE STREET ROCHESTER NY 14614 510439860 AID IN DEVELOPMENT AND MAINTENANCE OF EMPLOYER-EMPLOYEE RELATIONS NY 501(C)(6) N/A 0 ROCHESTER INDUSTRIES PLACEMENT INC 150 STATE STREET ROCHESTER NY 14614 161209415 EMPLOYMENT SERVICES NY GREATER ROCHESTER CHAMBER OF COMMERCE INC C 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0