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Nonprofit · EIN 51-0188852

MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION

Tax-exempt · ROCHESTER, NY 14614

Financials

$2.1M$1.1M2023$3.1M$1.5M2024$4.8M$1.3M2025
Revenue Expenses · by fiscal year end
Financials of MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$4,824,710$1,335,435$3,489,275$12,816,372$259,159$12,557,213
December 31, 2024990$3,119,778$1,514,770$1,605,008$9,332,479$264,541$9,067,938
December 31, 2023990$2,083,927$1,124,758$959,169$7,624,113$161,183$7,462,930
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,315,899
of which government grants
$2,315,899
Program service revenue
$2,159,422
Investment income
$349,389
Other revenue
$0

Expenses

Grants and similar amounts paid
$469,924
Compensation of officers, directors and key employees
$99,609
Other salaries and wages
$224,003
Salaries, compensation and benefits (total)
$388,328
Professional fundraising fees
$0
Accounting fees
$71,146

Balance sheet and other

Total assets, start of year
$9,332,479
Total assets, end of year
$12,816,372
Total liabilities, end of year
$259,159
Net assets, end of year
$12,557,213
Net assets without donor restrictions
$12,387,910
Net assets with donor restrictions
$169,303
Gross receipts
$4,824,710
Employees
7
Volunteers
13
Year formed
1962
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
TONY SCIARABBACDC MANAGER
Officer
40$99,609
JEFFREY BARKERTREASURER
Trustee or director, Officer
5$0
HANIF ABDUL-WAHIDPRESIDENT
Trustee or director, Officer
5$0
PHILIP SMITHDIRECTOR
Trustee or director
1$0
CHRISTOPHER JOHNSTONVICE PRESIDENT
Trustee or director, Officer
5$0
ZACK PHILLIPSDIRECTOR
Trustee or director
1$0
TIMOTHY BROWNDIRECTOR
Trustee or director
1$0
RYAN FELTNERDIRECTOR
Trustee or director
1$0
BRETT OWENDIRECTOR
Trustee or director
1$0
ERIC ROGERSSECRETARY
Trustee or director, Officer
1$0
BRITTANY BACHMANDIRECTOR
Trustee or director
1$0
JOE SAYREDIRECTOR
Trustee or director
1$0
CHRISTOPHER RUSHDIRECTOR
Trustee or director
1$0
CARLA VASQUEZDIRECTOR
Trustee or director
1$0
ANA LISSEXECUTIVE DIRECTOR
Officer
20$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensation
TONY SCIARABBACDC MANAGER
Officer
40$96,724
JEFFREY BARKERTREASURER
Trustee or director, Officer
5$0
HANIF ABDUL-WAHIDPRESIDENT
Trustee or director, Officer
5$0
PHILIP SMITHDIRECTOR
Trustee or director
1$0
CHRISTOPHER JOHNSTONVICE PRESIDENT
Trustee or director, Officer
5$0
ZACK PHILLIPSDIRECTOR
Trustee or director
1$0
TIMOTHY BROWNDIRECTOR
Trustee or director
1$0
RYAN FELTNERDIRECTOR
Trustee or director
1$0
BRETT OWENDIRECTOR
Trustee or director
1$0
ERIC ROGERSSECRETARY
Trustee or director, Officer
1$0
BRITTANY BACHMANDIRECTOR- JOINED DURING THE YEAR
Trustee or director
1$0
JOE SAYREDIRECTOR- JOINED DURING THE YEAR
Trustee or director
1$0
CHRISTOPHER RUSHDIRECTOR- JOINED DURING THE YEAR
Trustee or director
1$0
CARLA VASQUEZDIRECTOR- JOINED DURING THE YEAR
Trustee or director
1$0
ANA LISSEXECUTIVE DIRECTOR
Officer
20$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
TONY SCIARABBACDC MANAGER
Officer
40$90,902
PETER HINDIRECTOR - RESIGNED DURING YEAR
Trustee or director
1$0
JEFFREY BARKERTREASURER
Trustee or director, Officer
5$0
HANIF ABDUL-WAHIDPRESIDENT
Trustee or director, Officer
5$0
DAVID BROOKSDIRECTOR - RESIGNED DURING YEAR
Trustee or director
1$0
PHILIP SMITHDIRECTOR
Trustee or director
1$0
JOSEPH RIZZODIRECTOR - RESIGNED DURING YEAR
Trustee or director
1$0
CHRISTOPHER JOHNSTONVICE PRESIDENT
Trustee or director, Officer
5$0
ZACK PHILLIPSDIRECTOR
Trustee or director
1$0
LYNN RYANSECRETARY - RESIGNED DURING YEAR
Trustee or director, Officer
5$0
TIMOTHY BROWNDIRECTOR
Trustee or director
1$0
ELLA KRZANOWICZDIRECTOR - RESIGNED DURING YEAR
Trustee or director
1$0
RYAN FELTNERDIRECTOR - JOINED DURING YEAR
Trustee or director
1$0
BRETT OWENDIRECTOR - JOINED DURING YEAR
Trustee or director
1$0
ERIC ROGERSDIRECTOR - JOINED DURING YEAR
Trustee or director
1$0
ANA LISSEXECUTIVE DIRECTOR
Officer
20$0

Address and contacts

Address (IRS master file)
50 W MAIN STREET SUITE 1150, ROCHESTER, NY 14614-1293
Principal officer (990 for 2025)
HANIF ABDUL-WAHID, 50 WEST MAIN STREET SUITE 1150, ROCHESTER, NY 14614
Signed the 990
HANIF ABDUL-WAHID, PRESIDENT
Phone
(585) 753-2037
Return prepared by
MENGEL METZGER BARR & CO LLP

Mission

THE MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION (MCIDC) FOSTERS ECONOMIC GROWTH AND OPPORTUNITY BY PROVIDING ACCESS TO CAPITAL, INCLUDING MICROLENDING, TO SUPPORT SMALL BUSINESSES, ENTREPRENEURS, ESTABLISHED EMPLOYERS, AND NOT-FOR-PROFIT ORGANIZATIONS. THROUGH STRATEGIC INVESTMENTS IN WORKFORCE DEVELOPMENT AND BUSINESS EXPANSION, MCIDC PROMOTES JOB CREATION, RETENTION, AND THE LONG-TERM PROSPERITY OF MONROE COUNTY AND THE GREATER ROCHESTER REGION.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDED FINANCIAL ASSISTANCE TO JOB CREATING BUSINESSES THAT DEMONSTRATED A NEED FOR FINANCING. DURING 2025, 79 BUSINESSES WERE ASSISTED.
  • 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 ANDBUILDING YOUR CREDIT IN THE PROCESS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0188852
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,816,372
Income (IRS master file)
$4,824,710

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$4,824,710$1,335,435$12,816,372IRS
990December 2024$3,119,778$1,514,770$9,332,479XML
990December 2023$2,083,927$1,124,758$7,624,113XML
990December 2022$361,369$957,647$6,771,194IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0188852).

Questions about MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION

What is the EIN of MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION?
The employer identification number (EIN) of MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION is 51-0188852.
Is MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1985.
Are donations to MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names HANIF ABDUL-WAHID.
Who are the officers and directors of MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 15 people; 1 received compensation from the organization, the highest $99,609 (TONY SCIARABBA, CDC MANAGER).
How much revenue does MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $4,824,710, expenses of $1,335,435 and total assets of $12,816,372 at year end.

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