University of Rochester
Nonprofit profile at a glance
- EIN
- 160743209
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024, Form 990-N 2013
- Location
- Rochester, NY, USA
- Phone
- 5852752800
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- University or Technological Institute
Reported finances
- Revenue
- $6,415,541,241
- Expenses
- $6,345,806,430
- Assets
- $9,066,505,710
- Liabilities
- $3,886,621,208
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
74 people listed
Executive titles in this filing
- SARAH C MANGELSDORF (TRUSTEE, PRES & CEO)
- DAVID LINEHAN MD (SVP, DEAN SMD, CEO URMC)
- KATHLEEN PARRINELLO (PRES/CEO SMH & HH,SRVP URMC)
- MICHAEL F ROTONDO MD (CEO URMFG, SR VP URMC)
- MARK B TAUBMAN MD (FMR SRVP HEALTH, CEO URMC, DEAN SMD)
Highest reported compensation
- GEORGE M ALFIERIS MD (PROFESSOR - CARDIAC SURGERY M&D): $3,216,424 total reported compensation
- TARUN BHALLA MD (PROFESSOR - NEUROSURGERY): $2,536,955 total reported compensation
- DAVID LINEHAN MD (SVP, DEAN SMD, CEO URMC): $2,490,218 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The provision of higher education in the liberal arts and sciences, medicine and dentistry, nursing and music; research; and charitable patient care services. A group of individuals gathers outside the University of Rochester's capitol building, lighting candles in remembrance. Vision and values Our mission is to learn, discover, heal, create—and make the world ever better. The arts at URochester A University of Rochester Eastman School of Music student holds a violin beneath an ornate ceiling. What is the University of Rochester’s mission and values? The University of Rochester’s **mission is to learn, discover, heal, create—and make the world ever better**. The University of Rochester’s motto, Meliora, which means “ever better: in Latin. Meliora truly embodies the University’s mission and values.
What it reported doing in 2024
Auxiliary enterprises- the university operates either directly or throughthird party contractors food services which served 5,669 undergraduates2,369,642 meals in five dining services. The university has 777 unitsused for student housing.
Operating model
- Revenue model
- Earned-program. 89% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 95% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 83
- Accountability: 98
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.6%; rating input score 97
- Program expense ratio: 96.4%; rating input score 96
- Fundraising efficiency: $10.58 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 97.2%; rating input score 97; 53rd 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: 1.1%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 1.43; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.43; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 0.6%; rating input score 83; 83rd percentile among comparable filings
Growth
- Program expense growth: 7.5% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 6.5% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 5.8% per year; rating input score 100; 42nd percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site
- Where the money goes: 96.6% of revenue deployed · 96.4% of spending went to programs
- Governance: 35 of 36 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $6.1B in reported program spending
- Leadership: top reported pay $3.2M · 74 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $237.6M reported
- Consistency: 44 of 44 current checks pass
- Schedules: 14 filed schedules · includes foreign activity, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 47 filed money-flow records
- Related organizations: 59 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.