NonprofitsMonroe County Industrial Development Corporation

Monroe County Industrial Development Corporation

ROCHESTER, NY

Total revenue

$3.1M

Total expenses

$1.5M

Net assets

$9.1M

Grants received

EIN

510188852

Tax year

2024

Mission

The mission of the monroe county industrial development corporation is to provide resources to qualified for-profit businesses and not-for-profit organizations that result in the retention and creation of jobs and employment opportunities in monroe county.

Programs

1 program

This microloan program provides loans from $10,000 to $50,000 to help small businesses with most business related costs. The micro advantage loan program provides funds to businesses that may not otherwise be a candidate for traditional bank loans. This loan program gives you the opportunity to secure funding while learning the loan process and building you credit in the process.

Financials

FY 2024

Revenue

Contributions & grants$2.1M
Program service revenue$734K
Investment income$309K
Other revenue
Total revenue$3.1M

Expenses

Grants paid$517K
Salaries & benefits$435K
Fundraising
Other expenses$562K
Total expenses$1.5M
Total assets$9.3M
Net assets$9.1M

People

15 listed

NameRoleCompensation

TONY SCIARABBA

CDC MANAGER

Board

$97K

40 hrs/wk

HANIF ABDUL-WAHID

PRESIDENT

Board

5 hrs/wk

PHILIP SMITH

DIRECTOR

Board

1 hrs/wk

CHRISTOPHER JOHNSTON

VICE PRESIDENT

Board

5 hrs/wk

ZACK PHILLIPS

DIRECTOR

Board

1 hrs/wk

TIMOTHY BROWN

DIRECTOR

Board

1 hrs/wk

RYAN FELTNER

DIRECTOR

Board

1 hrs/wk

JEFFREY BARKER

TREASURER

Board

5 hrs/wk

ERIC ROGERS

SECRETARY

Board

1 hrs/wk

BRITTANY BACHMAN

DIRECTOR- JOINED DURING THE YEAR

Board

1 hrs/wk

JOE SAYRE

DIRECTOR- JOINED DURING THE YEAR

Board

1 hrs/wk

CHRISTOPHER RUSH

DIRECTOR- JOINED DURING THE YEAR

Board

1 hrs/wk

CARLA VASQUEZ

DIRECTOR- JOINED DURING THE YEAR

Board

1 hrs/wk

ANA LISS

EXECUTIVE DIRECTOR

Board

20 hrs/wk

BRETT OWEN

DIRECTOR

Board

1 hrs/wk

Details

EIN510188852
Subsection06
Ruling date1985-02
Formed1962
Employees6
Volunteers13
MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo