GREATER ROCHESTER CHAMBER OF COMMERCE INC

EIN: 510439860 Community Improvement

ROCHESTER, NY

Total Revenue
$3,825,810
Total Expenses
$3,243,276
Total Assets
$12,524,365
Net Assets
$8,647,473
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Principal Officer
CHRISTYNE HUERTA
Phone
5852441800
Tax Period
2024-01-01 to 2024-12-31

GREATER ROCHESTER CHAMBER OF COMMERCE INC, founded in 2003, is a community nonprofit in the Community Improvement sector that reported $3.8M in total revenue in fiscal year 2024. The organization ran a surplus of $583K, a strong 15% operating margin.

Mission

GREATER ROCHESTER CHAMBER OF COMMERCE, INC. (GRCC) IS A NEW YORK NOT-FOR-PROFIT MEMBERSHIP CORPORATION ORGANIZED TO PASSIONATELY SERVE, PROMOTE, AND ADVOCATE FOR ITS MEMBERS IN ORDER TO SECURE THE ECONOMIC PROSPERITY OF THE FINGER LAKES REGION.

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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 $1,916,104
Program Service Revenue $1,388,720
Investment Income $520,986
Other Revenue $0
TOTAL REVENUE $3,825,810

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,144,533
Fundraising Expenses $0
Other Expenses $1,098,743
TOTAL EXPENSES $3,243,276

Year-over-Year Comparison

2024 2023 Change
Revenue $3,825,810 $4,002,961 0.0%
Expenses $3,243,276 $3,186,437 +0.0%
Net Income $582,534 $816,524 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
44
Independent Members
43
Employees
45
Volunteers
43

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
6
$628,395
Total Directors
44
$349,551
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH STEFKO CEO OF ROC2025,INC. (OUTSO 1.00
Director
$300,639 $48,912 $349,551
RICHARD DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS WILMOT BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS JUDSON BOARD MEMBER 1.00
Director
$0 $0 $0
TERRANCE TABER BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN HOLLIDAY BOARD MEMBER 1.00
Director
$0 $0 $0
STEFANI LIDESTRI BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH MANGELSDORF BOARD MEMBER 1.00
Director
$0 $0 $0
SAMEER PENAKALAPATI BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT S SANDS CHAIRMAN 1.00
Officer Director
$0 $0 $0
MARTIN MUCCI BOARD MEMBER 1.00
Officer Director
$0 $0 $0
PIOTR JURJEWICZ BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL NUCCITELLI BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES YOCKEL BOARD MEMBER 1.00
Director
$0 $0 $0
MARTIN BIRMINGHAM BOARD MEMBER 1.00
Director
$0 $0 $0
LAUREN DIXON 2ND VICE CHAIRWOMAN 1.00
Officer Director
$0 $0 $0
JULIE CAMARDO BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN PITTON BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN PERROTTI BOARD MEMBER 1.00
Director
$0 $0 $0
JETT MEHTA BOARD MEMBER 1.00
Director
$0 $0 $0
JAY MCHARG BOARD MEMBER 1.00
Director
$0 $0 $0
TYRONE REAVES BOARD MEMBER 1.00
Director
$0 $0 $0
BRADLEY MCAREAVY BOARD MEMBER 1.00
Director
$0 $0 $0
JAY GREEN BOARD MEMBER 1.00
Director
$0 $0 $0
HEIDI MACPHERSON BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM GOODRICH BOARD MEMBER 1.00
Director
$0 $0 $0
DINAH GUELDENPFENNIG BOARD MEMBER 1.00
Director
$0 $0 $0
GERALD ROONEY BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK HAMLIN III BOARD MEMBER 1.00
Director
$0 $0 $0
FAHEEM MASOOD BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID LINEHAN BOARD MEMBER 1.00
Officer Director
$0 $0 $0
ELIZABETH PAUL BOARD MEMBER 1.00
Director
$0 $0 $0
DARYLL JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
DONNA SHULTZ BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID BEINETTI BOARD MEMBER 1.00
Director
$0 $0 $0
DEANNA BURT-NANNA BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID MUNSON BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES REED BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL WEGMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL BURNS BOARD MEMBER 1.00
Director
$0 $0 $0
MARK ALLEN BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER AEBLI BOARD MEMBER 1.00
Director
$0 $0 $0
CASEY FITZGERALD BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW GALLINA BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT DUFFY PRESIDENT & CEO 60.00
Officer
$418,106 $48,661 $466,767
CHRISTYNE HUERTA CHIEF FINANCIAL OFFICER 36.50
Officer
$138,769 $22,859 $161,628
BARBARA EGENHOFER DIRECTOR, TALENT STRATEGY 1.00
Highest
$215,448 $25,367 $240,815
KATHY RICHMOND SR. DIRECTOR 36.50
Highest
$133,164 $4,391 $137,555
THOMAS MOONEY FORMER CEO 0.00
$111,398 $0 $111,398
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
2024 $3,825,810 $3,243,276 $12,524,365 $582,534
2023 $4,002,961 $3,186,437 $12,741,426 $816,524
2022 $3,249,874 $2,906,246 $8,525,215 $343,628
2021 $3,080,605 $2,324,730 $9,275,781 $755,875
2020 $2,868,203 $2,638,728 $7,566,404 $229,475
2019 $3,359,679 $3,478,289 $7,786,793 $-118,610
2018 $3,366,184 $3,457,403 $7,594,570 $-91,219
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