Hearing And Speech Center Of Rochester Inc
- Assets
- $1.4m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 85
- Location
- Rochester, NY
- Founding
- 07/1956
- Data as of
- 12/2021
- EIN
- 16-0743137
Organization Overview
Hearing And Speech Center Of Rochester Inc, operating under the name Rochester Hearing and Speech Center, is located in Rochester, NY. The organization was established in 1956. As of 12/2021, Rochester Hearing and Speech Center employed 85 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rochester Hearing and Speech Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Rochester Hearing and Speech Center generated $5.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE RIGHT TO ENJOY COMMUNICATION THROUGH INNOVATIVE, CARING SPEECH/HEARING SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPEECH EVALUATION AND THERAPY SERVICES: ROCHESTER HEARING AND SPEECH CENTER PROVIDES COMPREHENSIVE EVALUATION AND TREATMENT SERVICES INCLUDING SPECIAL EDUCATION, SPEECH AND LANGUAGE THERAPY, OCCUPATIONAL THERAPY, PHYSICAL THERAPY AND PSYCHOLOGICAL CONSULTATION. APPROXIMATELY 1,000 INDIVIDUALS ARE SERVED ANNUALLY.
AUDIOLOGY SERVICES: ROCHESTER HEARING AND SPEECH CENTER PROVIDES COMPREHENSIVE HEARING EVALUATION AND TREATMENT SERVICES INCLUDING THE DISPENSING OF HEARING AIDS AND ASSISTIVE LISTENING TECHNOLOGY. APPROXIMATELY 4,500 INDIVIDUALS ARE SERVED ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Russell President/ceo | Officer | 40 | $115,910 |
Kevin Kommer Controller/treasurer | Officer | 40 | $82,000 |
Kristie Beach Secretary | OfficerTrustee | 1 | $0 |
David Pitcher Chair | OfficerTrustee | 1 | $0 |
Mike Reed Vice Chair | OfficerTrustee | 1 | $0 |
Brian Sauers Finance Committee Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,557,631 |
| All other contributions, gifts, grants, and similar amounts not included above | $294,607 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,852,238 |
| Total Program Service Revenue | $3,345,264 |
| Investment income | $17,798 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,215,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $204,071 |
| Compensation of current officers, directors, key employees. | $204,071 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,256,602 |
| Pension plan accruals and contributions | $11,821 |
| Other employee benefits | $116,431 |
| Payroll taxes | $180,517 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,419 |
| Fees for services: Accounting | $16,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,337 |
| Advertising and promotion | $109,462 |
| Office expenses | $28,031 |
| Information technology | $46,627 |
| Royalties | $0 |
| Occupancy | $338,787 |
| Travel | $18,210 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,689 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,450 |
| Insurance | $34,567 |
| All other expenses | $14,403 |
| Total functional expenses | $4,009,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,266 |
| Savings and temporary cash investments | $271,441 |
| Pledges and grants receivable | $22,472 |
| Accounts receivable, net | $456,810 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,091 |
| Prepaid expenses and deferred charges | $13,632 |
| Net Land, buildings, and equipment | $248,403 |
| Investments—publicly traded securities | $220,100 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,610 |
| Total assets | $1,373,825 |
| Accounts payable and accrued expenses | $248,802 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $382,232 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $631,034 |
| Net assets without donor restrictions | $602,679 |
| Net assets with donor restrictions | $140,112 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,373,825 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Hearing And Speech Center Of Rochester Inc has recieved totaling $142,945.
| Awarding Organization | Amount |
|---|---|
Al Sigl Foundation Inc Rochester, NY PURPOSE: GRANT TO AFFILIATE AGENCY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $100,909 |
Joan & Harold Feinbloom Supporting Foundation Inc Rochester, NY PURPOSE: LEARNING THROUGH LANGUAGE AND MOVEMENT | $20,000 |
Daisy Marquis Jones Foundation Rochester, NY PURPOSE: TO SUPPORT THE PURCHASE OF AUDIOLOGY EQUIPMENT. | $12,000 |
United Way Of Greater Rochester And The Finger Lakes Inc Rochester, NY PURPOSE: CHARITABLE GIFT FUND | $5,500 |
Greater Rochester Health Foundation Rochester, NY PURPOSE: COMMUNITY EVENT SPONSORSHIPS | $2,500 |
Trafton M & Maude W Crandall Fdn A Las Vegas, NV PURPOSE: GENERAL OPERATING | $2,000 |
Endowment Analysis
| Beg. Balance | $98,622 |
| Earnings | $10,471 |
| Net Contributions | $3,280 |
| Ending Balance | $112,373 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Hearing And Speech Center Inc Buffalo, NY | $11,534,063 | $22,101,908 |
Hearing Evaluation Services Of Buffalo Inc Amherst, NY | $1,781,726 | $5,370,134 |
Stern Center For Language & Learning Williston, VT | $10,369,952 | $4,913,121 |
Hearing And Speech Center Of Rochester Inc Rochester, NY | $1,373,825 | $5,215,308 |
Mill Neck Foundation Inc Mill Neck, NY | $27,242,239 | $1,972,327 |
Mary And Alexander Laughlin Childrens Center Sewickley, PA | $11,072,426 | $1,357,558 |
National Stuttering Association Staten Island, NY | $1,408,891 | $724,282 |
Empire State Special Needs Experience Inc Spencer, NY | $372,524 | $208,244 |