Grhs Foundation Inc

Organization Overview

Grhs Foundation Inc is located in Rochester, NY. The organization was established in 1995. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grhs Foundation 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 12/2021, Grhs Foundation Inc generated $43.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $40.1m during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY TO BENEFIT THE AFFILIATES OF ROCHESTER REGIONAL HEALTH.

Describe the Organization's Program Activity:

OPERATING REAL PROPERTY INVESTMENTS, INCLUDING MEDICAL/OFFICE BUILDINGS, A PARKING GARAGE, APARTMENTS, AN ADULT DAYCARE FACILITY, AND PARCELS OF LAND, AS WELL AS MAINTAINING FINANCIAL INVESTMENTS ON BEHALF OF AFFILIATES.


AMBULATORY SURGERY CENTER


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Board, Officers & Key Employees

Name (title)Compensation
Eric Bieber MD
CEO
$77,697
Hugh Thomas
Cao
$20,937
Thomas Crilly
CFO
$18,545
Michael Nuccitelli
Chair Of The Board
$0
Robert Nesselbush
Former COO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$43,174,822
Investment income $2,470
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 $43,275,253

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Grhs Foundation Inc has recieved totaling $315,000.

Awarding OrganizationAmount
Rochester Regional Health Foundation

Rochester, NY

PURPOSE: PROJECT FUNDING

$315,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Fidelity Non-Profit Management Foundation
Boston, MA
$256,876,248
The Bridgespan Group Inc
Boston, MA
$94,948,133
Grhs Foundation Inc
Rochester, NY
$43,275,253
Phoebe Services Inc
Allentown, PA
$32,050,372
Hispanic Federation Inc
New York, NY
$50,097,384
Common Fund For Non-Profit Organizations
Wilton, CT
$274,004,992
Affiliates Risk Management Services Inc
New York, NY
$29,825,362
New Profit Inc
Boston, MA
$77,118,974
Nonprofit Finance Fund
New York, NY
$35,516,704
Npower Inc
Brooklyn, NY
$22,673,461
Program Development Services Inc
Brooklyn, NY
$21,610,144
Project Social Care Head Start
Brooklyn, NY
$20,235,501

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