Skip to content
Nonprofiteer
← URBAN LEAGUE OF ROCHESTER ECONOMIC DEVELOPMENT CORPORATION

Form 990 for tax year 2022

Filed by URBAN LEAGUE OF ROCHESTER ECONOMIC DEVELOPMENT CORPORATION.

Totals

Total revenue
$421,286
Total expenses
$147,736
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$368,750
Investment income
$41,176
Other revenue
$11,360
Total assets, end of year
$6,484,779
Total liabilities, end of year
$2,193,369
Net assets or fund balances, end of year
$4,291,410
Program services expenses (Part IX)
$147,736
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$147,736

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: DEVELOPER FEES

    total $368,750 · related or exempt $368,750

  • 3 · Investment income

    total $41,176 · related or exempt $41,176

  • 11a · Other revenue: MISCELLANEOUS

    total $11,360 · related or exempt $11,360

  • 11e · Other revenue, total

    $11,360

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $90,221 · program services $90,221

  • 8 · Pension plan contributions

    total $1,863 · program services $1,863

  • 9 · Other employee benefits

    total $7,412 · program services $7,412

  • 10 · Payroll taxes

    total $6,159 · program services $6,159

  • 11c · Fees: accounting

    total $732 · program services $732

  • 11g · Fees: other

    total $6,943 · program services $6,943

  • 13 · Office expenses

    total $1,844 · program services $1,844

  • 16 · Occupancy

    total $1,866 · program services $1,866

  • 17 · Travel

    total $846 · program services $846

  • 19 · Conferences, conventions and meetings

    total $375 · program services $375

  • 23 · Insurance

    total $3,209 · program services $3,209

  • 24a · Other expenses: MISCELLANEOUS EXPENSES

    total $25,760 · program services $25,760

  • 24b · Other expenses: EQUIPMENT RENTAL

    total $379 · program services $379

  • 24c · Other expenses: DUES

    total $127 · program services $127

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $88,727 · end of year $301,923

  • 7 · Other notes and loans receivable

    beginning of year $3,307,820 · end of year $4,137,195

  • 9 · Prepaid expenses and deferred charges

    end of year $95,942

  • 10a · Land, buildings and equipment: cost or other basis

    $22,200

  • 10c · Land, buildings and equipment, net

    beginning of year $31,213 · end of year $22,200

  • 15 · Other assets

    beginning of year $1,906,302 · end of year $1,927,519

  • 17 · Accounts payable and accrued expenses

    beginning of year $695,573 · end of year $612,590

  • 23 · Secured mortgages and notes payable

    beginning of year $100,000 · end of year $1,361,042

  • 25 · Other liabilities

    beginning of year $333,685 · end of year $219,737

  • 27 · Net assets without donor restrictions

    beginning of year $4,204,804 · end of year $4,291,410

Mission and programs · 2022

Mission

URBAN LEAGUE OF ROCHESTER ECONOMIC DEVELOPMENT CORPORATION'S MISSION IS TO IMPROVE THE LIVING AND WORKING CONDITIONS OF POOR, DISADVANTAGED AND UNDERSERVED POPULATIONS IN THE ROCHESTER, NY REGION THROUGH ECONOMIC DEVELOPMENT AND COMMUNITY REVITALIZATION INITIATIVES, AND TO BUILD AN ASSET BASE FOR THE URBAN LEAGUE OF ROCHESTER, NY, INC.

  • URBAN LEAGUE OF ROCHESTER ECONOMIC DEVELOPMENT CORPORATION'S MISSION IS TO IMPROVE THE LIVING AND WORKING CONDITIONS OF POOR, DISADVANTAGED AND UNDERSERVED POPULATIONS IN THE ROCHESTER REGION THROUGH ECONOMIC DEVELOPMENT AND COMMUNITY REVITALIZATION INITIATIVES, AND TO BUILD AN ASSET BASE FOR THE URBAN LEAGUE OF ROCHESTER, NY, INC. (CLIENTS SERVED: APPROXIMATELY 371 UNITS)

    Expenses $147,736 · Revenue $421,286

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DR HAO ZHANG

    VICE PRESIDENT/SECRETARY, OUTGOING

    Total calculated
    $87,945
    From this org
    $80,000
    From related orgs
    $0
    Other
    $7,945
    Hours/week
    33 + 2 related

  • DONALD L CRUMB JR

    BOARD EXECUTIVE COMMITTEE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KEITH CLEARY

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • SEANELLE HAWKINS

    PRESIDENT/CEO

    Total calculated
    $176,266
    From this org
    $0
    From related orgs
    $157,000
    Other
    $19,266
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $157,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $19,266 related
    Filer's total
    $0 + $176,266 related

  • THEO FINN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ANDREW J RAUS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TRACY L WILLIAMS

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • CLARANCE SIMMONS

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • STUART MITCHELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LORRAINE Y COLLINS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE PRESIDENT OF THE URBAN LEAGUE OF ROCHESTER, NY, INC. (THE URBAN LEAGUE), A RELATED PARTY OF URBAN LEAGUE OF ROCHESTER ECONOMIC DEVELOPMENT CORPORATION (ULREDC), ALSO SERVES ON THE BOARD OF DIRECTORS OF ULREDC. THE PRESIDENT'S SALARY IS PAID ENTIRELY BY THE URBAN LEAGUE. THE URBAN LEAGUE HAS A FORMAL POLICY REGARDING EXECUTIVE COMPENSATION. AN EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MEETS ANNUALLY TO REVIEW THE PRESIDENT'S ANNUAL EVALUATION. THE DETERMINATION OF THE COMPENSATION LEVEL INVOLVES A COMPARISON OF THE PRESIDENT'S COMPENSATION LEVEL TO OTHER LOCAL SIMILAR SIZED NOT-FOR-PROFIT ENTITIES. THE COMPENSATION LEVEL IS DETERMINED BASED UPON THE ABOVE PROCEDURES AND THEN VOTED ON AND APPROVED BY THE COMMITTEE.
PART I, LINE 4
SEE SCHEDULE J, PART II FOR PRESIDENT/CEO RETIREMENT PLAN CONTRIBUTION FOR THE YEAR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 February 2024
IRS schema version
2022v5.0
Source object
202430459349300538

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.