THE HIGHLAND FOUNDATION INC

EIN: 237310662 501(c)(3) Health Care

ROCHESTER, NY

Total Revenue
$1,560,546
Total Expenses
$1,343,322
Total Assets
$16,641,956
Net Assets
$15,891,556
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NY
Principal Officer
CARRIE FULLER SPENCER
Phone
5852751792
Tax Period
2024-07-01 to 2025-06-30

THE HIGHLAND FOUNDATION INC, founded in 1972, is a community nonprofit in the Health Care sector that reported $1.6M in total revenue in fiscal year 2024. Expenses of $1.3M left a modest 14% surplus.

Mission

THE PROVISION OF FUNDRAISING ACTIVITIES AND EVENTS FOR THE BENEFIT OF HIGHLAND HOSPITAL OF ROCHESTER AND OTHER AFFILIATES OF STRONG PARTNERS HEALTH SYSTEM, INC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,229,632
Program Service Revenue $0
Investment Income $437,759
Other Revenue $-106,845
TOTAL REVENUE $1,560,546

Expense Breakdown

Grants Paid $883,053
Salaries & Benefits $0
Fundraising Expenses $11,294
Program Expenses $910,895
Other Expenses $460,269
TOTAL EXPENSES $1,343,322

Year-over-Year Comparison

2024 2023 Change
Revenue $1,560,546 $1,488,173 +0.0%
Expenses $1,343,322 $4,800,406 -0.7%
Net Income $217,224 $-3,312,233 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
22
Independent Members
20
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$3,780,759
Total Directors
22
$3,617,055
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN I GOLDSTEIN CEO (UNTIL 10/24) 1.00
Officer Director
$0 $183,208 $1,591,441
MONICA H BAUER BOARD MEMBER 1.00
Director
$0 $0 $0
DANA R CONSLER BOARD MEMBER 1.00
Director
$0 $0 $0
MARK A EIDLIN VICE CHAIR 1.00
Officer Director
$0 $0 $0
DAVE HENION TREASURER 1.00
Officer Director
$0 $0 $0
DIANE M SIMON BOARD MEMBER (UNTIL 10/24) 1.00
Director
$0 $0 $0
GINA TERESI CHAIR 1.00
Officer Director
$0 $0 $0
DR SETH ZEIDMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN R LEFROIS BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT MANN BOARD MEMBER 1.00
Director
$0 $0 $0
PETER T CLEMENT BOARD MEMBER 1.00
Director
$0 $0 $0
DOMINICK K PULLANO BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA HUMPHREY BOARD MEMBER (UNTIL 10/24) 1.00
Director
$0 $0 $0
TAMMY STRASSBURG BOARD MEMBER 1.00
Director
$0 $0 $0
MAIYA LEFROIS BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW MELONI BOARD MEMBER 1.00
Director
$0 $0 $0
JANE BERNARD SECRETARY 1.00
Officer Director
$0 $0 $0
MARC COHEN BOARD MEMBER 1.00
Director
$0 $0 $0
NIHADA DONOHEW BOARD MEMBER 1.00
Director
$0 $0 $0
DR TIMOTHY LUM BOARD MEMBER 1.00
Director
$0 $67,731 $560,653
DR JOSHUA WEITZ BOARD MEMBER 1.00
Director
$0 $0 $0
KATHLEEN PARRINELLO PRESIDENT AND CEO (EFFECTIVE 10/24) 1.00
Officer Director
$0 $170,456 $1,464,961
CARRIE FULLER SPENCER CFO 1.00
Officer
$0 $97,178 $724,357
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,560,546 $1,343,322 $16,641,956 $217,224
2024 No data No data No data No data
2023 $1,528,996 $1,610,583 $17,357,158 $-81,587
2022 $1,982,904 $1,390,719 $17,047,967 $592,185
2021 $1,743,324 $1,030,516 $18,752,116 $712,808
2020 $1,752,587 $1,064,702 $15,355,193 $687,885
2019 $3,043,433 $1,898,354 $15,510,126 $1,145,079
2018 $3,291,232 $1,417,955 $14,147,759 $1,873,277
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