Genesee Region Home Care Association Inc

Genesee Region Home Care Association Inc consistently operates with a surplus and reports 0% officer compensation.

EIN: 160844109 · Rochester, NY · NTEE: E92Z · Updated: 2026-03-28

$84.2MRevenue
$56.6MAssets
88/100Mission Score (Excellent)
E92Z
Genesee Region Home Care Association Inc Financial Summary
MetricValue
Total Revenue$84.2M
Total Expenses$84.0M
Program Spending90%
CEO/Top Officer Pay$80
Net Assets$40.2M
Transparency Score88/100

Is Genesee Region Home Care Association Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Genesee Region Home Care Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Genesee Region Home Care Association Inc

Genesee Region Home Care Association Inc (EIN: 160844109) is a nonprofit organization based in Rochester, NY, classified under NTEE code E92Z. The organization reported total revenue of $84.2M and total assets of $56.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Genesee Region Home Care Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

33Years Operating
MajorSize Classification
13Years of Filings
MixedRevenue Trajectory

Genesee Region Home Care Association Inc is a major nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$84.9M
Total Expenses$84.0M
Surplus / Deficit+$881K
Total Assets$60.6M
Total Liabilities$20.4M
Net Assets$40.2M
Operating Margin1.0%
Debt-to-Asset Ratio33.7%
Months of Reserves8.7 months

Financial Health Grade: A

In 2023, Genesee Region Home Care Association Inc reported a surplus of $881K with revenue exceeding expenses, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 33.7% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Genesee Region Home Care Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023-1.7%-0.4%-0.6%
2022-2.6%-0.3%-2.5%
2021+1.5%-2.3%+7.4%
2020+0.7%-5.5%+17.1%
2019-5.3%+4.1%-14.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1993

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Genesee Region Home Care Association Inc demonstrates consistent financial health with revenues generally exceeding expenses over the past decade, indicating sustainable operations. For example, in 2023, revenue was $84,862,211 against expenses of $83,981,039, resulting in a surplus. The organization maintains substantial assets, reported at $60,577,153 in 2023, providing a solid financial foundation. While specific program spending ratios are not detailed in the provided data, the consistent operational surpluses suggest efficient management of its large budget. The organization's transparency is commendable regarding executive compensation, as officer compensation has been reported as 0% across all available filings. This indicates that the top leadership is either unpaid or compensated through other means not classified as officer compensation, which is an unusual but transparent disclosure. The consistent filing of IRS Form 990s over 13 periods further reinforces its commitment to regulatory transparency. Overall, Genesee Region Home Care Association Inc appears to be a financially stable and well-managed organization. Its ability to maintain significant revenue and asset levels while consistently filing its public disclosures suggests a strong operational framework. The absence of reported officer compensation is a notable aspect of its financial structure, contributing to a perception of fiscal prudence.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Genesee Region Home Care Association Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 8%
  • programs: 90%
  • fundraising: 2%

According to IRS 990 filings, Genesee Region Home Care Association Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$84.9MTotal Revenue
$84.0MTotal Expenses
$60.6MTotal Assets
$20.4MTotal Liabilities
$40.2MNet Assets
  • The organization reported a surplus of $881K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 33.7%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with over $80 million in annual revenue and suggests that top leadership may be compensated through non-officer roles or volunteer their time.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Genesee Region Home Care Association Inc's IRS 990 filings:

  • Unusually low or zero reported officer compensation, which might obscure how top leadership is compensated if not truly unpaid.

Strengths

The following positive indicators were identified for Genesee Region Home Care Association Inc:

  • Consistent operational surpluses, indicating financial stability (e.g., $881,172 surplus in 2023).
  • Strong asset base, providing financial resilience (e.g., $60,577,153 in assets in 2023).
  • Consistent IRS 990 filing history, demonstrating transparency and compliance.
  • No reported officer compensation, suggesting efficient use of funds or volunteer leadership.

Frequently Asked Questions about Genesee Region Home Care Association Inc

Is Genesee Region Home Care Association Inc a legitimate charity?

Genesee Region Home Care Association Inc (EIN: 160844109) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $84.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Genesee Region Home Care Association Inc spend its money?

Genesee Region Home Care Association Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.

Are donations to Genesee Region Home Care Association Inc tax-deductible?

Genesee Region Home Care Association Inc is registered as a tax-exempt nonprofit (EIN: 160844109). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Genesee Region Home Care Association Inc CEO make?

Genesee Region Home Care Association Inc's highest-compensated officer earns $80 annually. The organization reported $84.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Genesee Region Home Care Association Inc's spending goes to programs?

Genesee Region Home Care Association Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Genesee Region Home Care Association Inc compare to similar nonprofits?

With a transparency score of 88/100 (Excellent), Genesee Region Home Care Association Inc is above average for NTEE category E92Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Genesee Region Home Care Association Inc located?

Genesee Region Home Care Association Inc is headquartered in Rochester, New York and files with the IRS under EIN 160844109. It is classified under NTEE code E92Z.

How many years of IRS 990 filings does Genesee Region Home Care Association Inc have?

Genesee Region Home Care Association Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $84.2M in total revenue.

Is Genesee Region Home Care Association Inc a good charity?

Based on the provided financial data, Genesee Region Home Care Association Inc appears to be a financially stable and well-managed organization. It consistently generates surpluses, maintains significant assets, and reports 0% officer compensation, which are positive indicators of fiscal responsibility.

How does Genesee Region Home Care Association Inc manage its large budget?

The organization manages a substantial budget, with revenues consistently over $80 million. Its ability to maintain operational surpluses, such as the $881,172 surplus in 2023 ($84,862,211 revenue - $83,981,039 expenses), suggests effective financial management and cost control.

What is the significance of 0% officer compensation?

The consistent reporting of 0% officer compensation is a significant and unusual finding for an organization of this size. It implies that the highest-ranking individuals are either not compensated directly as officers, or they volunteer their time, which could indicate a strong commitment to the mission and efficient use of funds.

Filing History

IRS 990 filing history for Genesee Region Home Care Association Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Genesee Region Home Care Association Inc's revenue has grown by 0.6%, moving from $84.4M to $84.9M. Total assets increased by 32.5% over the same period, from $45.7M to $60.6M. Total functional expenses rose by 0.3%, from $83.8M to $84.0M. In its most recent filing year (2023), Genesee Region Home Care Association Inc reported a surplus of $881K, with revenue exceeding expenses. The organization holds $20.4M in liabilities against $60.6M in assets (debt-to-asset ratio: 33.7%), resulting in net assets of $40.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $84.9M $84.0M $60.6M $20.4M
2022 $86.3M $84.3M $60.9M $21.7M View 990
2021 $88.6M $84.6M $62.5M $24.8M View 990
2020 $87.4M $86.6M $58.2M $25.4M View 990
2019 $86.8M $91.7M $49.7M $17.7M View 990
2018 $91.6M $88.1M $58.1M $18.3M View 990
2017 $94.4M $91.9M $55.7M $18.8M View 990
2016 $96.8M $93.8M $53.3M $19.6M View 990
2015 $95.8M $94.0M $50.9M $20.5M View 990
2014 $97.1M $94.6M $49.5M $20.6M View 990
2013 $97.1M $94.7M $47.0M $20.6M View 990
2012 $92.9M $91.2M $47.2M $23.2M View 990
2011 $84.4M $83.8M $45.7M $23.2M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $84.9M, expenses of $84.0M, and assets of $60.6M (revenue -1.7% year-over-year).
  • 2022: Revenue of $86.3M, expenses of $84.3M, and assets of $60.9M (revenue -2.6% year-over-year).
  • 2021: Revenue of $88.6M, expenses of $84.6M, and assets of $62.5M (revenue +1.5% year-over-year).
  • 2020: Revenue of $87.4M, expenses of $86.6M, and assets of $58.2M (revenue +0.7% year-over-year).
  • 2019: Revenue of $86.8M, expenses of $91.7M, and assets of $49.7M (revenue -5.3% year-over-year).
  • 2018: Revenue of $91.6M, expenses of $88.1M, and assets of $58.1M (revenue -3.0% year-over-year).
  • 2017: Revenue of $94.4M, expenses of $91.9M, and assets of $55.7M (revenue -2.5% year-over-year).
  • 2016: Revenue of $96.8M, expenses of $93.8M, and assets of $53.3M (revenue +1.1% year-over-year).
  • 2015: Revenue of $95.8M, expenses of $94.0M, and assets of $50.9M (revenue -1.3% year-over-year).
  • 2014: Revenue of $97.1M, expenses of $94.6M, and assets of $49.5M (revenue +-0.0% year-over-year).
  • 2013: Revenue of $97.1M, expenses of $94.7M, and assets of $47.0M (revenue +4.5% year-over-year).
  • 2012: Revenue of $92.9M, expenses of $91.2M, and assets of $47.2M (revenue +10.1% year-over-year).
  • 2011: Revenue of $84.4M, expenses of $83.8M, and assets of $45.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Genesee Region Home Care Association Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Genesee Region Home Care Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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