Rochester Area College Inc
- Assets
- $127.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 03/1972
- Data as of
- 08/2024
- EIN
- 23-7165034
Organization Overview
Rochester Area College Inc is located in Rochester, NY. The organization was established in 1972. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rochester Area College 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 08/2024, Rochester Area College Inc generated $19.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $30.2k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Mark Zupan Director | 1 | $0 | |
Dr Angela D Sims Director | 1 | $0 | |
Dr Robert Nye Director | 1 | $0 | |
Dr James M Sunser Director (thru Aug 2024) | 1 | $0 | |
Dr Wayne D Lewis Jr Director | 1 | $0 | |
Amy Storey Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,050 |
| Membership dues | $15,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,050 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $11,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,956 |
| Total expenses | $30,206 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,729 |
| Other assets | $0 |
| Total assets | $127,729 |
| Total liabilities | $0 |
| Net assets or fund balances | $127,729 |