ROCHESTER ECONOMIC DEVELOPMENT CORPORATION

As filed

Subsection

03

NTEE code

S31

Classification

1000

Street

275 LAKE AVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• TO REDUCE WEALTH DISPARITIES IN MIDDLE INCOME AND POOR ROCHESTER NEIGHBORHOODS BY CREATING AND SUPPORTING LOCALLY OWNED MICRO AND SMALL NEIGHBORHOOD BUSINESSES AND URBAN ENTREPRENEURS.

  Expenses $335,161 · Grants $217,810 · Revenue $270,862

As filed on the 2023 return.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $651,774

  Expenses

  $1,214,479

  Contributions

  $227,531

  Grants paid

  $217,810

• 2022

  Revenue

  $1,673,115

  Expenses

  $2,677,210

  Contributions

  $1,318,347

  Grants paid

  $1,290,807

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,537,376

  Expenses

  $2,868,909

  Assets (EOY)

  $12,826,853

• 2020 · 990

  Revenue

  $1,690,653

  Expenses

  $2,631,250

  Assets (EOY)

  $15,049,866

• 2019 · 990

  Revenue

  $434,623

  Expenses

  $2,250,522

  Assets (EOY)

  $16,814,300

• 2018 · 990

  Revenue

  $2,110,748

  Expenses

  $440,795

  Assets (EOY)

  $16,618,422

• 2017 · 990

  Revenue

  $793,325

  Expenses

  $384,959

  Assets (EOY)

  $14,775,899

• 2016 · 990

  Revenue

  $483,885

  Expenses

  $232,627

  Assets (EOY)

  $14,373,228

• 2015 · 990

  Revenue

  $304,106

  Expenses

  $268,319

  Assets (EOY)

  $14,196,406

• 2014 · 990

  Revenue

  $265,844

  Expenses

  $580,395

  Assets (EOY)

  $14,064,060

• 2013 · 990

  Revenue

  $384,125

  Expenses

  $355,524

  Assets (EOY)

  $14,383,102

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $399,773

  Assets (EOY)

  $14,816,788

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• AMERICAN SPECIALTY DBA AS BOSS SAUCE

  $250,000

  2022 · REVITALIZE ROCHESTER BUILDING RENOVATION

• ROCHESTER FINANCIAL EMPOWERMENT CENTER

  $173,500

  2022 · PASSTHROUGH FUNDING FOR FINANCIAL EMPOWERMENT CENTER

• THIRD EYE NETWORK LLC

  $84,637

  2022 · ENTREPRENEURIAL SUPPORT PROGRAM

• CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER INC

  $46,739

  2022 · ENTREPRENEURIAL SUPPORT PROGRAM

• JOHN RODRIGUEZ4CHANGE LLC

  $46,739

  2022 · ENTREPRENEURIAL SUPPORT PROGRAM

• MARKET ACESS COMPANY INC

  $46,739

  2022 · ENTREPRENEURIAL SUPPORT PROGRAM

• MONROE COMMUNITY COLLEGE

  $46,739

  2022 · ENTREPRENEURIAL SUPPORT PROGRAM

• PLAN-IT EBONI LLC

  $46,739

  2022 · ENTREPRENEURIAL SUPPORT PROGRAM

• ROCHESTER INSTITUTE OF TECHNOLOGY

  $46,739

  2022 · ENTREPRENEURIAL SUPPORT PROGRAM

• VENTURE JOBS FOUNDATION

  $46,739

  2022 · ENTREPRENEURIAL SUPPORT PROGRAM

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

• LOCAL INITIATIVES SUPPORT CORPORATION

  $30,000

  2023 · SEE PART IV

Other IRS files