Rochester District Heating Cooperative Inc
Rochester District Heating Cooperative consistently operates with a surplus and reports no officer compensation.
EIN: 161235605 · Rochester, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.5M |
| Total Expenses | $4.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $12 |
| Net Assets | $6.0M |
| Transparency Score | 85/100 |
Is Rochester District Heating Cooperative Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rochester District Heating Cooperative Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rochester District Heating Cooperative Inc
Rochester District Heating Cooperative Inc (EIN: 161235605) is a nonprofit organization based in Rochester, NY. The organization reported total revenue of $7.5M and total assets of $12.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rochester District Heating Cooperative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rochester District Heating Cooperative Inc is a mid-size nonprofit, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $4.5M |
| Surplus / Deficit | +$208K |
| Total Assets | $12.1M |
| Total Liabilities | $6.1M |
| Net Assets | $6.0M |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 50.7% |
| Months of Reserves | 32.0 months |
Financial Health Grade: A
In 2024, Rochester District Heating Cooperative Inc reported a surplus of $208K with revenue exceeding expenses, holds 32.0 months of operating reserves (strong position), has a debt-to-asset ratio of 50.7% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Rochester District Heating Cooperative Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.7% | -2.1% | -1.1% |
| 2023 | +1.7% | +6.2% | -2.8% |
| 2022 | -4.5% | -0.8% | -3.4% |
| 2021 | +12.8% | +4.0% | -1.5% |
| 2020 | -5.3% | +4.9% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rochester District Heating Cooperative Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Rochester District Heating Cooperative Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $208K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size with assets exceeding $12 million.
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 Rochester District Heating Cooperative Inc's IRS 990 filings:
- NTEE Code is unknown, making sector-specific comparisons difficult.
Strengths
The following positive indicators were identified for Rochester District Heating Cooperative Inc:
- Consistent operating surplus, as seen in 202408 (Revenue $4,741,258 vs. Expenses $4,532,924).
- Zero reported officer compensation across all filings, indicating high efficiency in this area.
- Stable asset base, consistently above $12 million in recent periods.
- Decreasing trend in liabilities, improving financial health.
- Strong financial transparency regarding executive compensation.
Frequently Asked Questions about Rochester District Heating Cooperative Inc
Is Rochester District Heating Cooperative Inc a legitimate charity?
Rochester District Heating Cooperative Inc (EIN: 161235605) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $7.5M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Rochester District Heating Cooperative Inc spend its money?
Rochester District Heating Cooperative Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Rochester District Heating Cooperative Inc tax-deductible?
Rochester District Heating Cooperative Inc is registered as a tax-exempt nonprofit (EIN: 161235605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rochester District Heating Cooperative Inc CEO make?
Rochester District Heating Cooperative Inc's highest-compensated officer earns $12 annually. The organization reported $7.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Rochester District Heating Cooperative Inc located?
Rochester District Heating Cooperative Inc is headquartered in Rochester, New York and files with the IRS under EIN 161235605.
How many years of IRS 990 filings does Rochester District Heating Cooperative Inc have?
Rochester District Heating Cooperative Inc has 14 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 $7.5M in total revenue.
Is Rochester District Heating Cooperative Inc a good charity?
Based on the provided financial data, the organization appears to be financially sound, consistently operating with a surplus, and demonstrates exceptional transparency regarding executive compensation (reporting 0%). Its primary function as a heating cooperative suggests a direct service to its community, which aligns with a 'good charity' profile, though more details on its specific programs would be beneficial.
How does Rochester District Heating Cooperative Inc manage its expenses?
The cooperative consistently manages its expenses below its revenue, as seen in the 202408 period where expenses were $4,532,924 against revenues of $4,741,258. This indicates prudent financial management and an ability to maintain a positive operating margin.
What is the trend in the organization's assets and liabilities?
Assets have remained relatively stable, around $12 million in recent years, while liabilities have shown a slight decreasing trend from $7,990,840 in 202008 to $6,126,663 in 202408, suggesting an improvement in its financial leverage.
Filing History
IRS 990 filing history for Rochester District Heating Cooperative Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Rochester District Heating Cooperative Inc's revenue has grown by 46%, moving from $3.2M to $4.7M. Total assets increased by 262% over the same period, from $3.3M to $12.1M. Total functional expenses rose by 88.8%, from $2.4M to $4.5M. In its most recent filing year (2024), Rochester District Heating Cooperative Inc reported a surplus of $208K, with revenue exceeding expenses. The organization holds $6.1M in liabilities against $12.1M in assets (debt-to-asset ratio: 50.7%), resulting in net assets of $6.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.7M | $4.5M | $12.1M | $6.1M | — | View 990 |
| 2023 | $4.6M | $4.6M | $12.2M | $6.5M | — | View 990 |
| 2022 | $4.5M | $4.4M | $12.6M | $6.8M | — | View 990 |
| 2021 | $4.8M | $4.4M | $13.0M | $7.4M | — | View 990 |
| 2020 | $4.2M | $4.2M | $13.2M | $8.0M | — | View 990 |
| 2019 | $4.4M | $4.0M | $13.0M | $7.7M | — | View 990 |
| 2018 | $4.4M | $4.1M | $12.7M | $7.9M | — | View 990 |
| 2017 | $4.0M | $3.7M | $12.1M | $7.5M | — | View 990 |
| 2016 | $3.2M | $3.1M | $9.7M | $5.4M | — | View 990 |
| 2015 | $3.2M | $2.8M | $6.3M | $2.1M | — | View 990 |
| 2014 | $3.2M | $2.8M | $5.2M | $1.4M | — | View 990 |
| 2013 | $3.3M | $2.7M | $4.3M | $882K | — | View 990 |
| 2012 | $2.9M | $2.6M | $3.4M | $590K | — | View 990 |
| 2011 | $3.2M | $2.4M | $3.3M | $873K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.7M, expenses of $4.5M, and assets of $12.1M (revenue +2.7% year-over-year).
- 2023: Revenue of $4.6M, expenses of $4.6M, and assets of $12.2M (revenue +1.7% year-over-year).
- 2022: Revenue of $4.5M, expenses of $4.4M, and assets of $12.6M (revenue -4.5% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.4M, and assets of $13.0M (revenue +12.8% year-over-year).
- 2020: Revenue of $4.2M, expenses of $4.2M, and assets of $13.2M (revenue -5.3% year-over-year).
- 2019: Revenue of $4.4M, expenses of $4.0M, and assets of $13.0M (revenue +2.1% year-over-year).
- 2018: Revenue of $4.4M, expenses of $4.1M, and assets of $12.7M (revenue +9.6% year-over-year).
- 2017: Revenue of $4.0M, expenses of $3.7M, and assets of $12.1M (revenue +24.0% year-over-year).
- 2016: Revenue of $3.2M, expenses of $3.1M, and assets of $9.7M (revenue -0.2% year-over-year).
- 2015: Revenue of $3.2M, expenses of $2.8M, and assets of $6.3M (revenue +1.0% year-over-year).
- 2014: Revenue of $3.2M, expenses of $2.8M, and assets of $5.2M (revenue -3.2% year-over-year).
- 2013: Revenue of $3.3M, expenses of $2.7M, and assets of $4.3M (revenue +11.5% year-over-year).
- 2012: Revenue of $2.9M, expenses of $2.6M, and assets of $3.4M (revenue -9.2% year-over-year).
- 2011: Revenue of $3.2M, expenses of $2.4M, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rochester District Heating Cooperative Inc:
Data Sources and Methodology
This transparency report for Rochester District Heating Cooperative 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.