2025-08-14T14:31:37-05:00 2024-09-30 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2023-10-01 222559522 ROCHESTER ECONOMIC DEVELOPMENT CORPORATION ROCH 5859210500 250 MILL STREET 502 ROCHESTER NY 14614 KEITH CLEARY TREASURER 5859210500 2025-08-13 1 0 DAVID A URBAN CPA P00630018 7166340700 2025-08-13 2023 2025-03-06 01:10:19Z KEITH CLEARY 250 MILL STREET 502 ROCHESTER NY 14614 656227 0 X WWW.ROCEDC.ORG X 1983 NY 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. 9 9 0 8 0 0 1318347 227531 150967 270862 190045 151987 13756 1394 1673115 651774 1290807 217810 0 0 916918 338953 0 0 0 469485 657716 2677210 1214479 -1004095 -562705 13306580 12244297 1978037 1478459 11328543 10765838 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. 0 0 335161 217810 270862 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. 335161 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 NY X KEITH CLEARY 5859210500 250 MILL STREET ROCHESTER NY 14614 X DANA MILLER CHAIR 1.00 X X 0 0 0 DR DT OGILVIE VICE CHAIR 1.00 X X 0 0 0 KEITH CLEARY TREASURER 1.00 X X 0 0 0 MICHAEL A PATTERSON SECRETARY 1.00 X X 0 0 0 SERGIO ESTEBAN BOARD MEMBER 1.00 X 0 0 0 CHENOA MAYE BOARD MEMBER 1.00 X 0 0 0 ALLIE SACKS BOARD MEMBER 1.00 X 0 0 0 GENE DEPREZ BOARD MEMBER 1.00 X 0 0 0 KIMBERLY MITCHELL BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 THIRD EYE NETWORK LLC 250 MILL STREET ROCHESTER NY 14614 PAYROLL & MANAGEMENT SERVICES 706744 1 184549 42982 227531 INTEREST ON NOTE RECEI 523000 142122 142122 FISCAL SPONSOR REVENUE 523000 64000 64000 FEES ON LOANS & GRANTS 523000 48594 48594 RENTAL REVENUE 523000 16146 16146 270862 156440 156440 4453 -4453 -4453 -4453 1055 0 1055 1055 MISCELLANEOUS 900099 339 339 339 651774 270862 0 153381 X 217810 217810 237612 65950 171662 101341 28127 73214 67791 18816 48975 50989 4458 46531 359679 359679 1148 1148 8983 8983 24797 24797 42639 42639 5184 5184 6962 6962 9639 9639 10380 10380 FISCAL SPONSOR EXPENSE 62000 62000 BANK CHARGES 5385 5385 REAL ESTATE EXPENSES 2140 2140 1214479 335161 879318 0 8551251 6955393 14952 31001 4457902 4300682 193999 787479 24257 31943 763222 250532 0 13306580 12244297 253100 16511 1474405 1461948 250532 0 1978037 1478459 X 11328543 10765838 11328543 10765838 13306580 12244297 -562705 0 X X 0 1 X 1 0 X 212000 1247595 1351033 1318347 227531 4356506 212000 1247595 1351033 1318347 227531 4356506 4356506 6032 5036 23428 190045 156440 380981 716 217 339 1272 4738759 979205 0.91930 0.94560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 110000 110000 635371 5295 630076 42108 18962 23146 763222 X 651774 0 651774 0 651774 1214479 0 1214479 0 1214479 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). UNDER ACCOUNTING STANDARDS CODIFICATION (ASC) SECTION 740, THE TAX STATUS OF TAX-EXEMPT ENTITIES IS AN UNCERTAIN TAX POSITION, SINCE EVENTS COULD POTENTIALLY OCCUR THAT JEOPARDIZE TAX-EXEMPT STATUS. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION AND RECOGNIZE A TAX LIABILITY IF THE CORPORATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE ITS TAX EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR INCOME TAX HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. 0 MEN OF EUREKA DEVELOPMENT LLC 616 BROWN ST ROCHESTER NY 14611 851197401 25552 0 SBA GRANT - COACH FOR RPEP PROGRAM THIRD EYE NETWORK LLC 250 MILL STREET ROCHESTER NY 14614 263417868 18362 0 SBA GRANT - RAN THE RPRP PROGRAM PLAN-IT EBONI LLC 887 HIDDEN VALLEY ROAD ROCHESTER NY 14624 871837573 13209 0 SBA GRANT - COACH FOR RPEP PROGRAM MONROE COMMUNITY COLLEGE 1000 EAST HENRIETTA ROAD ROCHESTER NY 14623 160849590 501(C)3 27986 0 SBA GRANT - SPOKE FOR RPEP PROGRAM CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER INC 1050 UNIVERSITY AVE SUITE A ROCHESTER NY 14607 160972260 501(C)3 13209 0 SBA GRANT - SPOKE FOR RPEP PROGRAM JOHN RODRIGUEZ4CHANGE LLC 19 SANFILIPPO CIRCLE ROCHESTER NY 14625 873820614 13209 0 SBA GRANT - COACH FOR RPEP PROGRAM MARKET ACCESS COMPANY INC 1404 EAST AVENUE ROCHESTER NY 14610 320266932 13209 0 SBA GRANT - COACH FOR RPEP PROGRAM VENTURE JOBS FOUNDATION 260 EAST MAIN STREET SUITE 2701 ROCHESTER NY 14604 273255356 501(C)3 13209 0 SBA GRANT - SPOKE FOR RPEP PROGRAM ROCHESTER INSTITUTE OF TECHNOLOGY 40 FRANKLIN STREET ROCHESTER NY 14604 160743140 501(C)3 13209 0 SBA GRANT - SPOKE FOR RPEP PROGRAM MONROE COMMUNITY COLLEGE 1000 EAST HENRIETTA ROAD ROCHESTER NY 14623 160849590 501(C)3 26641 0 PATHSTONE GRANT - CLASSES FOR THE LOAN READINESS PROGRAM LINDA'S NY PIZZERIA 1219 LYELL AVENUE ROCHESTER NY 14606 454235787 15998 0 ESD GRANT RECEIPIENTS - BUILDING RENOVATIONS UNIVERSITY OF MISSOURI PO BOX 807012 KANSAS CITY MO 64180 436003859 501(C)3 15000 0 ESD TECHNICAL SUPPORT GRANT - SOFTWARE PURCHASE FORM 990, PART VI, SECTION A, LINE 7A ROCHESTER ECONOMIC DEVELOPMENT CORPORATION HAS 10 MEMBERS WHO ELECT THE DIRECTORS TO THEIR POSITIONS. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY RECEIVES A COPY OF THE 990 FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND AT WWW.REDCOROC.COM FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 347,379. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 347,379. AUDIT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,300. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,300. PART XII, LINE 2C THE BOARD ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT, OF WHICH, THE OVERSIGHT PROCESS AND THE SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.