NonprofitsRochester Economic Development Corporation

Community Improvement & Capacity Building

Rochester Economic Development Corporation

ROCHESTER, NY

Total revenue

$652K

Total expenses

$1.2M

Net assets

$10.8M

Grants received

$451K

8 grants

EIN

222559522

Tax year

2023

Mission

Rochester economic development corporation (rocedc) is a private not-for-profit organization that exists to stimulate equitable economic growth that improves the quality of life in the city of rochester, new york.

Financials

FY 2023

Revenue

Contributions & grants$228K
Program service revenue$271K
Investment income$152K
Other revenue$1K
Total revenue$652K

Expenses

Grants paid$218K
Salaries & benefits$339K
Fundraising
Other expenses$658K
Total expenses$1.2M
Total assets$12.2M
Net assets$10.8M

People

9 listed

NameRoleCompensation

DANA MILLER

CHAIR

Board

1 hrs/wk

DR DT OGILVIE

VICE CHAIR

Board

1 hrs/wk

KEITH CLEARY

TREASURER

Board

1 hrs/wk

MICHAEL A PATTERSON

SECRETARY

Board

1 hrs/wk

SERGIO ESTEBAN

BOARD MEMBER

Board

1 hrs/wk

CHENOA MAYE

BOARD MEMBER

Board

1 hrs/wk

ALLIE SACKS

BOARD MEMBER

Board

1 hrs/wk

GENE DEPREZ

BOARD MEMBER

Board

1 hrs/wk

KIMBERLY MITCHELL

BOARD MEMBER

Board

1 hrs/wk

Independent contractors

THIRD EYE NETWORK LLC

PAYROLL & MANAGEMENT SERVICES

$707K

Grants received

Showing 8 of 8

FromAmountPurposeYear
$125K
ROCHESTER FEC
2021
$25K
MENTORING
2021
$15K
CITY INCLUSIVE ENREPRENEURSHIP NETWORK
2021
$180K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2020
$50K
CONNECTED NEIGHBORHOODS
2020
$25K
MENTORING
2020

Funded by

$451K from 6 funders · 8 grants · 2020–2023

Jpmorgan Chase Foundation

$180K · 1 grant · 2020

Esl Charitable Foundation

$175K · 2 grants · 2020–2021

First Niagara Foundation

$50K · 2 grants · 2020–2021

Details

EIN222559522
NTEE codeS31
Subsection03
Ruling date1985-03
Formed1983
Employees0
Volunteers8
ROCHESTER ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo