Rochesterworks Inc
- Assets
- $1.4m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 63
- Location
- Rochester, NY
- Founding
- 06/2004
- Data as of
- 06/2022
- EIN
- 16-1596825
Organization Overview
Rochesterworks Inc is located in Rochester, NY. The organization was established in 2004. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2022, Rochesterworks Inc employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rochesterworks Inc 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 06/2022, Rochesterworks Inc generated $7.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $7.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Rochesterworks Inc has awarded 289 individual grants totaling $12,915,824. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ROCHESTERWORKS SYSTEM STIMULATES LOCAL ECONOMIC GROWTH BY PROVIDING OUTSTANDING EMPLOYMENT EDUCATION, SUPPORT, AND TRAINING SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ASSIST INDIVIDUALS THROUGH WORKFORCE DEVELOPMENT PROGRAMS BY IMPROVING JOB SKILLS, MAINTAINING EMPLOYMENT AND THOSE SEEKING EMPLOYMENT. THE ORGANIZATION SERVED APPROXIMATELY 114 INDIVIDUALS IN THEIR WORKFORCE INNVOATION OPPORTUNITY PROGRAM, 5 IN THE TRADE ADJUSTMENT ASSISTANCE PROGRAM, AND 247 INDIVIDUALS IN THEIR TEMPORARY ASSISTANCE FOR NEEDY FAMILIES PROGRAM FOR FISCAL 2022. THE ORGANIZATION HAVE ALSO SERVED APPROXIMATELY 7,578 PARTICIPANTS IN THEIR CAREER CENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Debole Director Of Finance And Hu | Officer | 37.5 | $107,400 |
John Premo Director Of Community & Bu | 37.5 | $103,255 | |
Dave Seeley Executive Director | Officer | 37.5 | $54,917 |
Glen Jeter Vice Chair | OfficerTrustee | 1 | $0 |
Sergio Esteban Chair | OfficerTrustee | 1 | $0 |
Bert Brinkerhoff Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,344,447 |
| All other contributions, gifts, grants, and similar amounts not included above | $204,376 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,548,823 |
| Total Program Service Revenue | $79,515 |
| Investment income | $0 |
| 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 | $7,657,642 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,331,938 |
| Grants and other assistance to domestic individuals. | $538,424 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $313,139 |
| Compensation of current officers, directors, key employees. | $33,344 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,541,827 |
| Pension plan accruals and contributions | $80,422 |
| Other employee benefits | $407,807 |
| Payroll taxes | $190,585 |
| Fees for services: Management | $266,981 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,009 |
| Office expenses | $229,694 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $264,918 |
| Travel | $14,743 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,269 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,045 |
| Insurance | $17,718 |
| All other expenses | $0 |
| Total functional expenses | $7,685,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $786,787 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $508,290 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $88,585 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,383,662 |
| Accounts payable and accrued expenses | $553,280 |
| Grants payable | $0 |
| Deferred revenue | $320,279 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $873,559 |
| Net assets without donor restrictions | $510,103 |
| Net assets with donor restrictions | $0 |
| 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 | $1,383,662 |
Grants Awarded
Over the last fiscal year, Rochesterworks Inc has awarded $1,311,938 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Rochester, NY PURPOSE: YOUTH | $324,999 |
Rochester, NY PURPOSE: YOUTH | $250,492 |
MONROE 2 ORLEANS BOCES-YOUTH PURPOSE: YOUTH | $146,822 |
Rochester, NY PURPOSE: YOUTH | $126,396 |
Rochester, NY PURPOSE: YOUTH | $101,209 |
Rochester, NY PURPOSE: YOUTH | $98,156 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Rochesterworks Inc has recieved totaling $481,209.
| Awarding Organization | Amount |
|---|---|
Esl Charitable Foundation Inc Rochester, NY PURPOSE: ENHANCED SUPPORTIVE SERVICES | $186,209 |
Esl Charitable Foundation Inc Rochester, NY PURPOSE: NAVIGATOR PROGRAM | $155,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: ENHANCED RECOVERY SERVICES | $140,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Telecommuting Institute Boston, MA | $7,581,785 | $15,508,649 |
Masshire Hampden County Workforce Board Inc Springfield, MA | $3,346,725 | $13,329,757 |
South Middlesex Non-Profit Housing Corporation Framingham, MA | $86,868,885 | $12,461,508 |
Lifestyles For The Disabled Inc Staten Island, NY | $5,937,706 | $11,027,240 |
Vermont Associates For Training & Development Inc St Albans, VT | $530,190 | $11,812,343 |
Buffalo And Erie County Workforce Development Consortium Inc Buffalo, NY | $1,944,049 | $11,546,333 |
Eastern Connecticut Workforce Investment Board Inc Franklin, CT | $2,220,849 | $11,033,375 |
Impact Services Corp Philadelphia, PA | $10,268,783 | $12,440,470 |
Workforce Alliance Inc New Haven, CT | $2,201,686 | $11,291,916 |
Academy Of Management Inc Briarcliff Manor, NY | $56,747,597 | $15,919,073 |
Career Resources Inc Bridgeport, CT | $3,329,042 | $9,544,012 |
Metro North Regional Employment Board Cambridge, MA | $4,304,049 | $8,929,878 |