Greater Rochester Chamber of Commerce Inc

Nonprofit profile at a glance

EIN
510439860
IRS 990 coverage
2014–2025
Forms available
Form 990 2025
Location
Rochester, NY, USA
Phone
5852441800
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$4,165,045
Expenses
$3,373,423
Assets
$13,688,407
Liabilities
$3,519,646

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

58 people listed

Executive titles in this filing

  • JOSEPH STEFKO (CEO OF ROC2025,INC. (OUTSO)
  • ROBERT DUFFY (PRESIDENT & CEO)
  • THOMAS MOONEY (FORMER CEO)

Highest reported compensation

  • ROBERT DUFFY (PRESIDENT & CEO): $472,083 total reported compensation
  • JOSEPH STEFKO (CEO OF ROC2025,INC. (OUTSO): $367,467 total reported compensation
  • BARBARA EGENHOFER (SR. DIRECTOR): $167,829 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Grcc passionately serves, promotes, and advocates for its over 1,200 members in order to bring economic prosperity to the nine-county finger lakes region of New York state. With a focus on business growth and job creation, grcc offers services including regulatory advocacy, networking opportunities and events, making direct business-to-business connections, professional development training and events, human resource services, and start-up and small business resources. Grcc is a one-stop connection for members to critical business services and access to the expertise and people that companies need to succeed. Grcc stands with and for its members in bringing growth, prosperity, and jobs to upstate New York and the finger lakes region.

What it reported doing in 2025

Grcc assists its members by providing training in business methods and networking events. Approximately 1,270 members served in 2025.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 87
  • Accountability: 94
  • Sustainability: 60
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 97.9%; rating input score 98; 27th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 19%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 4.06; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 50%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.6% per year; rating input score 100; 27th percentile among comparable filings
  • Asset growth: 7.8% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 46 of 47 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $472K · 58 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $420K reported
  • Consistency: 11 of 12 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 11 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.