Rochester General Health System Workers' Compensation Trust
Nonprofit profile at a glance
- EIN
- 166429300
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Rochester, NY, USA
- Phone
- 5859221595
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health, General and Financing
Reported finances
- Revenue
- $11,175,526
- Expenses
- $11,175,526
- Assets
- $51,197,238
- Liabilities
- $47,221,197
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- RICHARD DAVIS PHD (CEO)
Highest reported compensation
- RICHARD DAVIS PHD (CEO): $4,013,008 total reported compensation
- THOMAS CRILLY (CFO): $1,716,134 total reported compensation
- JENNIFER ESLINGER (COO): $1,548,389 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule oto provide workers compensation insurance to the employees of rochester general hospital, unity hospital, newark-wayne community hospital, clifton springs hospital & clinic, united memorial medical center, independent living for seniors, rochester general long term care, genesee region home care association, genesee region home care of ontario county and rochester mental health center in an economical and efficient manner.
What it reported doing in 2024
To provide workers' compensation insurance to the employees of rochester general hospital, unity hospital, newark wayne community hospital, clifton springs hospital and clinic, united memorial medical center, independent living for seniors, rochester general long term care, genesee region home care association, genesee region home care of ontario county and rochester mental health center in an economical and efficient manner.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Member-benefit provider. The nonprofit used 78% of its reported program spending for member benefits.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 67
- Accountability: 42
- Sustainability: 49
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.4%; rating input score 90
- Program expense ratio: 92.7%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 4.58; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.92; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 2%; rating input score 76; 76th percentile among comparable filings
Growth
- Program expense growth: -2% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 9th percentile among comparable filings
- Asset growth: 1.2% per year; rating input score 100; 14th percentile among comparable filings
Details
- Where the money goes: 90.4% of revenue deployed · 92.7% of spending went to programs
- Governance: 0 of 1 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $10.4M in reported program spending
- Leadership: top reported pay $4M · 6 people listed · 0 of 6 pay-setting controls reported
- Consistency: 16 of 16 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 51 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.
- High — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.