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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Rochester Area Community Foundation Initiatives Inc.

Rochester Area Community Foundation Initiatives Inc.

Fiscal year ending 2024. Filed on January 16, 2025.

500 East Avenue
Rochester, New York 14607

Rochester Area Community Foundation Initiatives Inc. (EIN: 80-0024332) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Rochester Area Community Foundation Initiatives Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 10 total employees. Among the employees shown here, the average compensation is $217,200. The highest compensated employee at Rochester Area Community Foundation Initiatives Inc. is Simeon Banister with fiscal year 2024 compensation of $303,683.

Revenue, expenses, and employee compensation

Revenue

$2,444,586

Expenses

$2,413,800

Employee compensation

$630,285
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Simeon Banister
President and Chief Executive Officer
$303,683
$0 $288,482 $15,201
Amy S Vars, Cpa
Senior Vice President and Chief Financial Officer
$231,218
$0 $219,851 $11,367
Megan Norris
Executive Director, ACT Rochester
$116,698
$107,122 No related comp$9,576

Benchmark Employee Compensation

Non-Employee Board Members

Abigail A Reinhard
Member
Abigail J Bennett
Member
Adam P Anolik
Treasurer
Ann H McMullen
Member
Arline L Bayo Santiago, Esq
Member
Carolyn G Nussbaum, Esq
Counsel
David P Veniskey, Cpa
Member
David R Ferris, Esq
Chair
Dr William Valenti
Member
Flor M Colon
Secretary
Francis J Clement
Member
James H Norman
Member

Mission Statement

SPONSORS PROGRAMS AND PROJECTS THAT ADDRESS THE NEEDS OF THE COMMUNITY. THE ORGANIZATION OPERATES EXCLUSIVELY FOR THE BENEFIT AND SUPPORT OF ROCHESTER AREA COMMUNITY FOUNDATION.

Revisions to this organization profile

January 16, 2025:
2024 Rochester Area Community Foundation Initiatives Inc. 990 filed
January 24, 2024:
2023 Rochester Area Community Foundation Initiatives Inc. 990 filed
February 3, 2023:
2022 Rochester Area Community Foundation Initiatives Inc. 990 filed

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