EIN 16-0743209

University of Rochester

IRS 501(c) type
501(c)(3)
Num. employees
33,689
Year formed
1850
Most recent tax filings
2020-06
Description
Provision of higher education in the liberal arts and sciences, medicine and dentistry, nursing and music, as well as operating and maintaining the strong memorial hospital. Provision of higher education in the liberal arts and sciences, medicine and ...
Also known as...
Strong Memorial Hospital &ext Clinics

Program areas at University of Rochester

Educational activities - the University is comprised of six schools offering programs from undergraduate to post-doctoral degrees. These are the school of arts and sciences, the hajim school of engineering, the warner school of education and human development, eastman school of music, simon graduate school of business administration, school of nursing, and school of medicine and dentistry. There are also a number of important centers of academic excellence, for example, the institute of optics, the laboratory for laser energetics, the wilmot cancer center, and the flaum eye institute. The full-time faculty of the school of medicine and dentistry provide clinical services as part of the academic medical program; this activity occurs 100 percent within the medical school and is internally organized and supervised as urmfg or University of Rochester medical faculty group. There are 1,348 full-time tenured faculty members and 11,817 undergraduate and graduate students enrolled in the University. The University has always placed financial aid for its students among its highest priorities. Scholarships cover a portion of the cost of attending the University of Rochester. The University is committed to offering the highest quality education to its students, regardless of their economic circumstances or background. For example, the University has a program to expand higher education opportunities for students from the Rochester city school district (rcsd), a district with one of the highest poverty and school dropout rates in new york state. The University provides $25,000 per year for four years to every graduate of the school district who is admitted to the University's college of arts, sciences and engineering; this is equivalent to an award of $100,000 for each student.through the endowment, the University perpetuates and enhances its educational, research, clinical care programs and public service missions. This commitment requires an endowment payout of 5.7 percent calculated on a rolling five-year average of the endowment's market value. The University's endowment consists largely of individual funds thanks to the generosity of charitable donors. The donors of these gifts often specify and restrict the purposes for which the income may be spent to ensure long-term benefits.
Services of hospital and clinics- the University of Rochester (the "University") provides health care services to the greater Rochester and finger lakes area through strong memorial hospital, strong home care group, the various entities included in strong partners health system, inc. (sphs), f.f. Thompson health system, inc., livingston health care system, inc., the memorial hospital of william f. and gertrude f. jones, inc. and st. james hospital. To support the teaching and research missions of its school of medicine and dentistry and its school of nursing, the University of Rochester operates strong memorial hospital, a tertiary care teaching hospital, which includes the golisano childrens hospital. Strong memorial hospital, golisano childrens hospital, and the University of Rochester medical faculty group operate as unincorporated divisions of the University of Rochester. Strong memorial hospital provides health care services through its inpatient, outpatient and emergency facilities. The medical staff of the hospital is the faculty of the school of medicine and dentistry. The academic department chairs also function as the department heads of the medical services in the hospital. There are extensive intern and resident programs. The hospital provides care regardless of the patient's ability to pay for services. During the 2019-2020 fiscal year, there were 291,087 total inpatient days and 118,925 emergency visits. In addition to being a teaching facility, the hospital operates in a charitable manner consistent with the requirements of internal revenue code section 501(c)(3) and the "community benefit standard" of irs revenue ruling 69-545. In this regard, the governing body of the organization is composed of prominent citizens in the community. Medical staff privileges in the hospital are available to all qualified physicians in the area who also can qualify as full or part-time faculty of the school of medicine and dentistry; the hospital maintains a full-time emergency room open to all regardless of ability to pay; the hospital provides care to needy members of its community with its charity care policy regardless of their ability to pay for services and admits as patients those able to pay for care, either themselves or through third-party payers such as private health insurance or government programs such as medicare and medicaid. The hospital's excess funds are generally applied to expansion and replacement of existing facilities and equipment, medical research, amortization of indebtedness, improvements in patient care, community benefit activities and charity care.
Research activities: the University performs research, training, and other services under grants, contracts, and similar agreements with sponsoring organizations, primarily departments and agencies of the united states government. During the 2018-2019 fiscal year, there were 3,470 grants and contracts in effect that totaled $393,630,809 in revenue.rochester researchers are scientists and scholars, inventors and conservators, artists and analysts. They know many of the best breakthroughs in knowledge and creativity occur by crossing boundaries. Many of the universitys research environments are designed to facilitate collaboration and exploration across disciplines. Research at the University of Rochester occurs in 60 research centers and institutes across the University, including: - the laboratory for laser energetics (lle) - the laser lab is the largest university-based department of energy research program in the nation and is home to the most powerful laser systems found at any academic institution in the world. At the lab, researchers from all over the world probe the extremes of temperature and pressure in laboratory-scale experiments. - the institute of optics - home to the nations first optical science, engineering and design program. The institute of optics has granted about half of all degrees in optics awarded in the u.s. - the del monte institute for neuroscience - instrumental in bringing together neuroscience and related disciplines- biomedical engineering, brain and cognitive sciences, computer science, and neurology. This multidisciplinary work has made possible critical research into alzheimers, multiple sclerosis, autism and dyslexia. - the humanities center - an intellectual home base for students, faculty, researchers, artists and the public. Research projects affect fields beyond the humanities, including medicine, business, science and engineering. - mt. Hope family center - leading experts provide evidence-based intervention and prevention services to over 900 at-risk children and families annually. - institute for music leadership - developing creative and effective leaders for todays musical world.

Form 990s for University of Rochester

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-26990View PDF
2019-062020-09-18990View PDF
2018-062019-06-19990View PDF
2017-062018-07-18990View PDF
2016-062017-09-20990View PDF
...and 7 more Form 990s

Who funds University of Rochester

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Finger Lakes Performing Provider System (FLPPS)Financial Incentive To Implement Dsrip Projects$13,053,881
 Subscribe to viewFor Grant Recipient's Exempt Purposes$2,934,841
 Subscribe to viewDental Education, Research, and Clinic Operations$2,027,002
...and 256 more grants received
Federal funding details
Federal agencyProgram nameAmount
Department of EnergySTEWARDSHIP SCIENCE GRANT PROGRAM$75,995,996
 Subscribe to view████ ███ ███ ██$░░,░░░,░░░
 Subscribe to view█████ ████ ████ █ ██ ██████ █ ██████ █████$░░,░░░,░░░
...and 567 more federal grants / contracts

Financials for University of Rochester

RevenuesFYE 06/2020
Total grants, contributions, etc.$468,349,413
Program services$3,541,573,313
Investment income and dividends$24,660,662
Tax-exempt bond proceeds$195,275
Royalty revenue$2,433,137
Net rental income$0
Net gain from sale of non-inventory assets$97,735,012
Net income from fundraising events$581,965
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$413,985
Total revenues$4,135,942,762

Personnel at University of Rochester

NameTitleCompensation
Michael F RotondoChief Executive Officer Urmfg , Senior Vice President Urmc$1,240,230
Steven GoldsteinPresident and Chief Executive Officer SMH and HH , Senior Vice President Urmc$1,232,162
Kathleen ParrinelloChief Operating Officer SMH , Executive Vice President SMH$783,014
 Subscribe to viewChief Financial Officer Urmc$721,744
 Subscribe to viewChief Financial Officer SMH , HH , LTC and Associate Vice President Urmc$445,805
...and 25 more key personnel

Organizations like University of Rochester

OrganizationLocationRevenue
University of Pennsylvania (Penn)Philadelphia, PA$7,624,539,000
Baylor University (BU)Waco, TX$1,252,666,839
Medical College of Wisconsin (MCW)Milwaukee, WI$1,286,151,484
Yale UniversityNew Haven, CT$5,595,177,145
Columbia UniversityNew York, NY$5,943,395,882
Johns Hopkins University (JHU)Baltimore, MD$7,505,891,000
University of PittsburghPittsburgh, PA$2,841,711,849
Emory UniversityAtlanta, GA$4,745,388,583
Northwestern UniversityEvanston, IL$3,108,297,108
University of Southern California (USC)Los Angeles, CA$6,447,260,379
University of Miami (UM)Coral Gables, FL$4,245,244,592
Massachusetts Institute of Technology (MIT)Cambridge, MA$4,804,195,000
Princeton UniversityPrinceton, NJ$2,120,040,000
Syracuse University (SU)Syracuse, NY$1,522,525,721
New York University (NYU)New York, NY$7,717,095,477
Trustees of Boston UniversityBoston, MA$2,615,858,845
Vanderbilt UniversityNashville, TN$1,708,856,937
Stanford UniversityRedwood City, CA$6,829,098,940
Drexel UniversityPhiladelphia, PA$1,329,522,543
Harvard UniversityCambridge, MA$7,350,273,474
Dartmouth CollegeHanover, NH$1,581,351,409
University of Notre DameNotre Dame, IN$2,518,434,460
Liberty UniversityLynchburg, VA$1,343,657,390
Cornell UniversityIthaca, NY$5,126,693,316
Tulane UniversityNew Orleans, LA$1,331,943,000
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$4,135,942,762
2020
Yearly growth
-0.6%
% of revenues
n/a
Total expenses
$4,087,444,626
2020
Yearly growth
2%
% of expenses
n/a
Total assets
$6,120,504,819
2020
Yearly growth
7.1%
% of assets
n/a
Num. employees
33,689
2020
Yearly growth
3.1%
% of total
n/a
General information
Address
Box 278893
Rochester, NY 14627
Metro area
Rochester, NY
Website URL
rochester.edu/ 
Phone
(585) 275-2800
Facebook page
University.of.Rochester 
Twitter profile
@uofr 
IRS details
EIN
16-0743209
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1850
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization