GREATER ROCHESTER ENTERPRISE INC: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
GREATER ROCHESTER ENTERPRISE INC (EIN 10-0000080)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-03-30
IRS object ID
202610899349301311
Schema version
2025v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-03-30T14:26:35-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN161131146PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BONADIO & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1171 SULLYS TRAILAddressLine1Txt
CityPITTSFORDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14534ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN100000080EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GREATER ROCHESTER ENTERPRISE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGREABusinessNameControlTxt
Phone5855306200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 CHESTNUT ST SUITE 1910AddressLine1Txt
CityROCHESTERCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14604ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMATTHEW C HURLBUTTPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone5855306200PhoneNum
Signature2026-03-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSEPH PEPLINPreparerPersonNm
PTINP01311564PTIN
Phone5853811000PhoneNum
Preparation2026-03-26PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMATTHEW C HURLBUTTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 CHESTNUT ST SUITE 1910AddressLine1Txt
CityROCHESTERCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14604ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,375,160GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.ROCHESTERBIZ.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionGREATER ROCHESTER ENTERPRISE, INC. (GRE) WAS FORMED TO FOSTER ECONOMIC DEVELOPMENT IN THE NINE-COUNTY GREATER ROCHESTER, NEW YORK REGION THROUGH A COLLABORATIVE AND PROFESSIONAL MARKETING EFFORT OF THE PUBLIC AND PRIVATE SECTORS. GRE IS A LEAGUE OF ORGANIZATIONS AND INDIVIDUALS HAVING A COMMON INTEREST IN ECONOMIC DEVELOPMENT IN THE REGION. GRE DEVOTES ITS RESOURCES AND EXPERTISE TO PROMOTE THIS INTEREST.ActivityOrMissionDesc
Voting Members Governing Body37VotingMembersGoverningBodyCnt
Voting Members Independent36VotingMembersIndependentCnt
Total Employee14TotalEmployeeCnt
Total Volunteers36TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,292,987PYContributionsGrantsAmt
CY Contributions Grants$2,371,808CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$4,846PYInvestmentIncomeAmt
CY Investment Income$3,352CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,297,833PYTotalRevenueAmt
CY Total Revenue$2,375,160CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,508,675PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,589,465CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$140,495CYTotalFundraisingExpenseAmt
PY Other Expenses$707,671PYOtherExpensesAmt
CY Other Expenses$697,365CYOtherExpensesAmt
PY Total Expenses$2,216,346PYTotalExpensesAmt
CY Total Expenses$2,286,830CYTotalExpensesAmt
PY Revenues Less Expenses$81,487PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$88,330CYRevenuesLessExpensesAmt
Total Assets BOY$772,477TotalAssetsBOYAmt
Total Assets EOY$868,290TotalAssetsEOYAmt
Total Liabilities BOY$229,718TotalLiabilitiesBOYAmt
Total Liabilities EOY$307,703TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$542,759NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$560,587NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionGRE PROMOTES REGIONAL ASSETS AND EXPERTISE TO ATTRACT NEW BUSINESS INVESTMENTS AND FOSTER BUSINESS GROWTH AND RETENTION IN THE REGION. AS A TRUSTED ADVISOR, GRE CONNECTS BUSINESS EXECUTIVES WITH THE RIGHT PEOPLE AND THE RIGHT RESOURCES TO SPUR BUSINESS ATTRACTION AND EXPANSION IN THE GREATER ROCHESTER, NY REGION. GRE PROVIDES REAL-TIME INFORMATION, GUIDANCE, AND PROJECT COORDINATION TO DRIVE BUSINESS GROWTH. BY SERVING AS A MARKETING RESOURCE FOR THE GREATER ROCHESTER AREA, GRE WORKS TO ENCOURAGE THE EXPANSION OF EXISTING BUSINESS AND INDUSTRY, AS WELL AS ATTRACTING NEW BUSINESS AND INDUSTRY TO THE AREA. GRE ALSO WORKS TO EXPAND CAPITAL INVESTMENT IN THE REGION. IT IS GRE'S INTENT THAT BY ENCOURAGING ECONOMIC DEVELOPMENT, UNEMPLOYMENT AND UNDER-EMPLOYMENT IN THE REGION WILL BE RELIEVED AND REDUCED.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,808,817ExpenseAmt
DescSUPPORT OF ECONOMIC DEVELOPMENT IN THE NINE-COUNTY ROCHESTER, NY REGION THROUGH A COLLABORATIVE AND PROFESSIONAL MARKETING EFFORT OF THE PUBLIC AND PRIVATE SECTORS. GRE SERVES AS A MARKETING RESOURCE TO ENCOURAGE THE EXPANSION OF EXISTING BUSINESS AND INDUSTRY, AS WELL AS ATTRACTING NEW BUSINESS AND INDUSTRY TO THE ROCHESTER, NY REGION. GRE ALSO WORKS TO EXPAND CAPITAL INVESTMENT IN THE REGION. IT IS GRE'S INTENT THAT BY ENCOURAGING ECONOMIC DEVELOPMENT, UNEMPLOYMENT AND UNDER-EMPLOYMENT IN THE REGION WILL BE RELIEVED AND REDUCED.Desc
Total Program Service Expenses$1,808,817TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee14EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members37GoverningBodyVotingMembersCnt
Independent Voting Member36IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MATTHEW C HURLBUTTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5855306200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 CHESTNUT ST SUITE 1910AddressLine1Txt
CityROCHESTERCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14604ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
ADAM BELLO
BOARD MEMBER1.00Yes (X)$0$0$0
ANA LISS
BOARD MEMBER1.00Yes (X)$0$0$0
BOBBIE GOHEEN
BOARD MEMBER1.00Yes (X)$0$0$0
BRIAN PINCELLI
BOARD MEMBER1.00Yes (X)$0$0$0
DANA MILLER
BOARD MEMBER1.00Yes (X)$0$0$0
DEANA PERCASSI
BOARD MEMBER1.00Yes (X)$0$0$0
MICHAEL PARKES
BOARD MEMBER1.00Yes (X)$0$0$0
DAVID DWORKIN
BOARD MEMBER1.00Yes (X)$0$0$0
DR DEANNA BURT-NANNA
BOARD MEMBER1.00Yes (X)$0$0$0
GARTH HANKINSON
BOARD MEMBER1.00Yes (X)$0$0$0
GAVIN BROWNLIE
BOARD MEMBER1.00Yes (X)$0$0$0
HOWARD KONAR
BOARD MEMBER1.00Yes (X)$0$0$0
JENNIFER ESLINGER
BOARD MEMBER1.00Yes (X)$0$0$0
JOE MORELLE JR
BOARD MEMBER1.00Yes (X)$0$0$0
KARL SCHULER
BOARD MEMBER1.00Yes (X)$0$0$0
KIM GAYLORD
BOARD MEMBER1.00Yes (X)$0$0$0
LAURIE MARINO
BOARD MEMBER1.00Yes (X)$0$0$0
LORI GREEN
SECRETARY1.00Yes (X)$0$0$0Yes (X)
MATTHEW HURLBUTT
PRESIDENT & CEO24.00Yes (X)$412,925$0$64,754Yes (X)16.00
PETER ROBINSON
BOARD MEMBER1.00Yes (X)$0$0$0
ROBERT MOORE
BOARD MEMBER1.00Yes (X)$0$0$0
RUFUS JUDSON
BOARD MEMBER1.00Yes (X)$0$0$0
SCOTT NASCA
BOARD MEMBER1.00Yes (X)$0$0$0
THERESA MAZZULLO
TREASURER1.00Yes (X)$0$0$0Yes (X)
STEVE EPPING
BOARD MEMBER1.00Yes (X)$0$0$0
TODD LIEBERT
CHAIR1.00Yes (X)$0$0$0Yes (X)
TODD MUSCATELLO
BOARD MEMBER1.00Yes (X)$0$0$0
VINCENT LECCE
BOARD MEMBER1.00Yes (X)$0$0$0
WENDY BELLO
BOARD MEMBER1.00Yes (X)$0$0$0
WILLIAM BOULTER
BOARD MEMBER1.00Yes (X)$0$0$0
ADRIENNE GREEN
BOARD MEMBER1.00Yes (X)$0$0$0
MARK MASSE
BOARD MEMBER1.00Yes (X)$0$0$0
JIM MORAN
BOARD MEMBER1.00Yes (X)$0$0$0
PATRICIA NILSEN
BOARD MEMBER1.00Yes (X)$0$0$0
CHARLIE VITA
BOARD MEMBER1.00Yes (X)$0$0$0
BILL GOODRICH
VICE-CHAIR1.00Yes (X)$0$0$0Yes (X)
WILLIAM SANDERS
BOARD MEMBER1.00Yes (X)$0$0$0
DAVID M GROME
SR. MANAGING DIRECTOR, BUS39.00$146,316$0$8,8731.00Yes (X)
KATIE BRESNAN
MANAGING DIRECTOR, BUSINES39.00$128,154$0$8,8341.00Yes (X)
LEAH GEORGE VANSCOTT
EVP, BUSINESS DEV & STRATE39.00$188,944$0$24,6061.00Yes (X)
STACI HENNING
EVP, CHIEF MARKETING OFFIC28.00$199,858$0$25,02812.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,076,197TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$132,095TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$110,000MembershipDuesAmt
Related Organizations$1,471,498RelatedOrganizationsAmt
All Other Contributions$790,310AllOtherContributionsAmt
Total Contributions$2,371,808TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,352TotalRevenueColumnAmt
Exclusion$3,352ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,375,160TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,352ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$206,464TotalAmt
Program Services$123,878ProgramServicesAmt
Management And General$41,293ManagementAndGeneralAmt
Fundraising$41,293FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,077,407TotalAmt
Program Services$906,775ProgramServicesAmt
Management And General$108,891ManagementAndGeneralAmt
Fundraising$61,741FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$211,335TotalAmt
Program Services$167,906ProgramServicesAmt
Management And General$28,023ManagementAndGeneralAmt
Fundraising$15,406FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$94,259TotalAmt
Program Services$74,889ProgramServicesAmt
Management And General$12,499ManagementAndGeneralAmt
Fundraising$6,871FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$44,524TotalAmt
Management And General$44,524ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$337,321TotalAmt
Program Services$337,321ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,371TotalAmt
Program Services$2,239ProgramServicesAmt
Management And General$2,357ManagementAndGeneralAmt
Fundraising$1,775FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$33,252TotalAmt
Program Services$14,251ProgramServicesAmt
Management And General$17,457ManagementAndGeneralAmt
Fundraising$1,544FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$41,006TotalAmt
Program Services$15,504ProgramServicesAmt
Management And General$16,078ManagementAndGeneralAmt
Fundraising$9,424FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$19,225TotalAmt
Management And General$19,225ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,398TotalAmt
Program Services$4,456ProgramServicesAmt
Management And General$5,459ManagementAndGeneralAmt
Fundraising$483FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BUSINESS GROWTH SERVICE$142,622$142,622
MEMBERSHIP DUES$32,176$32,176
REPAIRS AND MAINTENANCE$20,720$16,501$2,529$1,690
UTILITIES AND TELEPHONE$5,775$2,475$3,032$268

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,975TotalAmt
Management And General$3,975ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,286,830TotalAmt
Program Services$1,808,817ProgramServicesAmt
Management And General$337,518ManagementAndGeneralAmt
Fundraising$140,495FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$52,035BOYAmt
EOY$118,863EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$177,049BOYAmt
EOY$215,606EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$18,897BOYAmt
EOY$45,536EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$267,480LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$147,138LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$134,747BOYAmt
EOY$120,342EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$389,749BOYAmt
EOY$367,943EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$772,477BOYAmt
EOY$868,290EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$44,446BOYAmt
EOY$73,735EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$185,272BOYAmt
EOY$233,968EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$229,718BOYAmt
EOY$307,703EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$338,282BOYAmt
EOY$426,612EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$204,477BOYAmt
EOY$133,975EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$542,759BOYAmt
EOY$560,587EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$772,477BOYAmt
EOY$868,290EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$88,330ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$70,502NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedYes (1)SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$85,305OtherCostOrOtherBasisAmt
Depreciation$6,063DepreciationAmt
Book Value$79,242BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$120,997OtherCostOrOtherBasisAmt
Depreciation$85,317DepreciationAmt
Book Value$35,680BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$61,178OtherCostOrOtherBasisAmt
Depreciation$55,758DepreciationAmt
Book Value$5,420BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$120,342TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
INTEREST IN NET ASSETS OF GREATER ROCHESTER ENTERPRISE FOUNDATION, INC.$133,975
OTHER ASSETS$233,968
FieldValueIRS element (for citing)
Total Book Value Other Assets$367,943TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED COMPENSATION LIABILITYDesc
Amt$233,968Amt
FieldValueIRS element (for citing)
Total Liability$233,968TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$2,795,968TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$420,808DonatedServicesAndUseFcltsAmt
Revenue Not Reported$420,808RevenueNotReportedAmt
Revenue Subtotal$2,375,160RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,375,160TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,707,638TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$420,808DonatedServicesUseFcltsAmt
Expenses Not Reported$420,808ExpensesNotReportedAmt
Expenses Subtotal$2,286,830ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,286,830TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MATTHEW HURLBUTT
PRESIDENT & CEO$362,925$0$50,000$0$0$0$33,500$0$31,254$0$477,679$0$0$0
STACI HENNING
EVP, CHIEF MARKETING OFFIC$187,858$0$12,000$0$0$0$6,131$0$18,897$0$224,886$0$0$0
LEAH GEORGE VANSCOTT
EVP, BUSINESS DEV & STRATE$166,444$0$22,500$0$0$0$5,891$0$18,715$0$213,550$0$0$0
DAVID M GROME
SR. MANAGING DIRECTOR, BUS$128,316$0$18,000$0$0$0$4,351$0$4,522$0$155,189$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationSOCIAL CLUB DUES ARE PROVIDED IN LIMITED INSTANCES WHEN THE BOARD OF DIRECTORS HAS DETERMINED THAT THE VENUE PROVIDES THE ABILITY TO ENTERTAIN OUT OF TOWN GUESTS IN FURTHERANCE OF THE ORGANIZATION'S MISSION OF FOSTERING ECONOMIC GROWTH IN THE NINE-COUNTY GREATER ROCHESTER REGION. ALL SOCIAL CLUB DUES AND/OR INITIATION FEES ARE APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS. ALL PERSONAL EXPENSES ASSOCIATED WITH SOCIAL CLUB MEMBERSHIPS ARE PAID FOR BY THE EMPLOYEE PERSONALLY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY THE ACCOUNTING FIRM THAT PERFORMED THE ANNUAL AUDIT. THE FORM 990 IS PROVIDED TO ALL FINANCE COMMITTEE MEMBERS FOR THEIR REVIEW AND APPROVAL. IT IS ALSO MADE AVAILABLE TO ALL BOARD MEMBERS FOR THEIR REVIEW. UPON APPROVAL BY THE FINANCE COMMITTEE, THE 990 IS REVIEWED AND SIGNED BY THE COMPANY PRESIDENT, THEN FILED.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS, OFFICERS AND EMPLOYEES ARE REQUIRED TO REVIEW THE COMPANY'S CONFLICT OF INTEREST POLICY ANNUALLY AND COMPLETE AN ANNUAL CONFLICT OF INTEREST POLICY STATEMENT. COPIES OF THESE STATEMENTS ARE MAINTAINED BY THE COMPANY.
FORM 990, PART VI, SECTION B, LINE 15THE COMPANY USES BENCHMARKING, NATIONAL COMPARISONS, HISTORICAL COMPENSATION TRENDS AND OUTSIDE CONSULTANTS. COMPENSATION IS MONITORED AND DETERMINED BY A COMMITTEE OF BOARD MEMBERS.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE COMPANY COMPLIES WITH ALL APPLICABLE FEDERAL AND STATE REGULATIONS.
FORM 990, PART XII, LINE 2C:GREATER ROCHESTER ENTERPRISE, INC. HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1GREATER ROCHESTER ENTERPRISE FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 CHESTNUT ST SUITE 1910AddressLine1Txt
CityROCHESTERCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14604ZIPCd
FieldValueIRS element (for citing)
EIN100000085EIN
Primary ActivitiesGENERATE CONTRIBUTIONS TO SUPPORT GREATER ROCHESTER ENTERPRISE, INC.PrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity Status11APublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1GREATER ROCHESTER ENTERPRISE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
GREATER ROCHESTER ENTERPRISE FOUNDATION INC
C$1,471,498ACTUAL CASH CONTRIBUTED
GREATER ROCHESTER ENTERPRISE FOUNDATION INC
O$404,932ESTIMATED TIME ALLOCATION
GREATER ROCHESTER ENTERPRISE FOUNDATION INC
Q$104,294ACTUAL AMOUNTS PAID

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