Civic Intelligence

Rochester Economic Development Corporation

990 • Fiscal year 2019 • EIN 22-2559522

Oct 01, 2018 to Sep 30, 2019 • Filed on Jan 23, 2020

Organization ProfileWWW.CITYOFROCHESTER.GOV
30 Church StreetRochester, NY 14614

(585) 428-6808

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

29th percentile

0.09x

Higher debt load relative to revenue than 29% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

97th percentile

79%

Higher net margin than 97% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

73rd percentile

12%

Faster asset growth than 73% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

97th percentile

166%

Faster revenue growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$16,618,422

Up $1,842,523 (+12%) from 2018

Net Assets

Up

$16,420,666

Up $1,669,953 (+11%) from 2018

Liabilities

Up

$197,756

Up $172,570 (+685%) from 2018

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin97th percentile

Revenue

Up

$2,110,748

Up $1,317,423 (+166%) from 2018

Expenses

Up

$440,795

Up $55,836 (+15%) from 2018

Net Income

Up

$1,669,953

Up $1,261,587 (+309%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $15,593,708Liabilities 2011: $1,250,126Net Assets 2011: $14,343,5822011Assets 2012: $15,132,144Liabilities 2012: $821,537Net Assets 2012: $14,310,6072012Assets 2013: $14,816,788Liabilities 2013: $475,536Net Assets 2013: $14,341,2522013Assets 2014: $14,383,102Liabilities 2014: $13,249Net Assets 2014: $14,369,8532014Assets 2015: $14,064,060Liabilities 2015: $8,758Net Assets 2015: $14,055,3022015Assets 2016: $14,196,406Liabilities 2016: $105,317Net Assets 2016: $14,091,0892016Assets 2017: $14,373,228Liabilities 2017: $30,881Net Assets 2017: $14,342,3472017Assets 2018: $14,775,899Liabilities 2018: $25,186Net Assets 2018: $14,750,7132018Assets 2019: $16,618,422Liabilities 2019: $197,756Net Assets 2019: $16,420,6662019Assets 2020: $16,814,300Liabilities 2020: $2,209,533Net Assets 2020: $14,604,7672020Assets 2021: $15,049,866Liabilities 2021: $1,385,695Net Assets 2021: $13,664,1712021Assets 2022: $12,826,853Liabilities 2022: $494,215Net Assets 2022: $12,332,6382022Assets 2023: $13,306,580Liabilities 2023: $1,978,037Net Assets 2023: $11,328,5432023Assets 2024: $12,244,297Liabilities 2024: $1,478,459Net Assets 2024: $10,765,8382024

Highlighted filing

2019

Assets$16,618,422
Liabilities$197,756
Net Assets$16,420,666
Open 2019 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2011: $489,690Expenses 2011: $657,576Net Income 2011: -$167,8862011Expenses 2012: $505,7462012Expenses 2013: $399,7732013Revenue 2014: $384,125Expenses 2014: $355,524Net Income 2014: $28,6012014Revenue 2015: $265,844Expenses 2015: $580,395Net Income 2015: -$314,5512015Revenue 2016: $304,106Expenses 2016: $268,319Net Income 2016: $35,7872016Revenue 2017: $483,885Expenses 2017: $232,627Net Income 2017: $251,2582017Revenue 2018: $793,325Expenses 2018: $384,959Net Income 2018: $408,3662018Revenue 2019: $2,110,748Expenses 2019: $440,795Net Income 2019: $1,669,9532019Revenue 2020: $434,623Expenses 2020: $2,250,522Net Income 2020: -$1,815,8992020Revenue 2021: $1,690,653Expenses 2021: $2,631,250Net Income 2021: -$940,5972021Revenue 2022: $1,537,376Expenses 2022: $2,868,909Net Income 2022: -$1,331,5332022Revenue 2023: $1,673,115Expenses 2023: $2,677,210Net Income 2023: -$1,004,0952023Revenue 2024: $651,774Expenses 2024: $1,214,479Net Income 2024: -$562,7052024

Highlighted filing

2019

Revenue$2,110,748
Expenses$440,795
Net Income$1,669,953
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jan 23, 2020
Return Version
2018v3.1
Gross Receipts
$3,249,348
Mission and Program Overview

Mission

Rochester economic development corporation was formed for the purpose of creating employment opportunities, particularly for low and moderate income persons, thereby improving the quality and conditions of life in the city of rochester, ny.

Rochester economic development corporation was formed for the purpose of creating employment opportunities, particularly for low and moderate income persons, thereby improving the quality and condition of life in the city of rochester, ny.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,337,197$10,406,203▲ $5,069,006
Other Notes and Loans Receivable, Net$5,899,328$5,675,534▼ $223,794
Land, Buildings, and Equipment, Net$1,609,612$445,600▼ $1,164,012
Accounts Receivable$1,929,762$91,085▼ $1,838,677
Total Assets$14,775,899$16,618,422▲ $1,842,523
Liabilities
Deferred Revenue$0$187,000▲ $187,000
Accounts Payable and Accrued Expenses$25,186$10,756▼ $14,430
Total Liabilities$25,186$197,756▲ $172,570
Net Assets / Fund Balance
Temporarily Rstr Net Assets$11,938,340$11,977,810▲ $39,470
Unrestricted Net Assets$2,812,373$4,442,856▲ $1,630,483
Total Net Assets Fund Balance$14,750,713$16,420,666▲ $1,669,953
Total Liabilities and Net Assets / Fund Balance$14,775,899$16,618,422▲ $1,842,523

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$355,600$279,400$635,000
Land$90,000-$90,000
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
BAYE' M MUHAMMADPresident and Chair
Dana K MillerVice President
Barbara J JonesBoard Member
Dale K TrottBoard Member
David RodriquezBoard Member
David a Young JrBoard Member
Gary Bonadonna JrBoard Member
Jennifer BerriosBoard Member
Julio VazquezBoard Member
Keith ClearyBoard Member
Loretta C ScottBoard Member
Lovely a WarrenBoard Member
Michelle a Hutchinson EsqBoard Member
Richard MuellerBoard Member
Ruth H ScottBoard Member
Sergio Esteban PeBoard Member
Willie LighfootBoard Member
Rosiland Brooks HarrisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$283,934
Investment Income
$1,826,814
Other Revenue
$0
Change in Net Assets
$1,669,953

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,110,748
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,110,748
Total Revenue per Form 990
$2,110,748
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$290,795
Grants and Similar Amounts Paid$150,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$150,000--$150,000
Fees for Services Management$70,000--$70,000
Fees for Services Other$61,905--$61,905
Depreciation Depletion$25,400--$25,400
Insurance$11,080--$11,080
Office Expenses$10,530--$10,530
Fees for Services Accounting$8,750--$8,750
Payments to Affiliates$3,071--$3,071
Other Expenses$2,353--$2,353
Travel$2,230--$2,230
All Other Expenses$775--$775
Occupancy$346--$346
Total Functional Expenses$440,795$0$0$440,795

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$440,795
Total Expenses per Audited Statements$440,795
Total Expenses per Form 990$440,795
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ReddrocRochester, NY-Renovations and Ff&e$50,000
Bontana RealtyRochester, NY-Renovations and External Facade$40,000
SolodaRochester, NY-Renovations$30,000
35 State St Properties LLCRochester, NY-Building Purchase, Soft Costs Renovations, Signage, Ff&e and Working Capital$25,503
35 State St Properties LLCRochester, NY-Building Purchase, Soft Costs Renovations, Signage, Ff&e and Working Capital$4,497
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“Rochester economic development corporation has 18 members, of which 15 are directors. Members elect the directors (other than ex-officio) to their positions as directors.”

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.cityofrochester.gov.”

Filing and Contact Details

Filer

Filer Name
Rochester Economic Development
EIN
22-2559522
Phone
5854286808
Address
30 CHURCH STREET, ROCHESTER, NY 14614

Signing Officer

Name
Rosiland Brooks Harris
Title
Treasurer
Phone
5854286808
Signed
2020-01-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rosiland Brooks Harris
Formed
1983
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
13
Employees
0
Volunteers
18

Preparer

Firm
Freed Maxick Cpas Pc
Address
ONE EVANS STREET, BATAVIA, NY 14020-3110
Preparer
Nicole M White
Phone
5853441967
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Miscellaneous: program service expenses 61,905. Management and general expenses 0. Fundraising expenses 0. Total expenses 61,905.”

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.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is a public benefit corporation of the state of new york and is exempt from federal income taxes under section 115 of the internal revenue code. Accordingly, no provision for income taxes has been made on the accompanying financial statements.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT AND CHAIR
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IRS990/GainOrLossGrp/SecuritiesAmt01814706
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt0150000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0150000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0150000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02953306
IRS990/GrossReceiptsAmt03249348
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt011080
IRS990/InsuranceGrp/TotalAmt011080
IRS990/InvestmentIncomeGrp/ExclusionAmt012108
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012108
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0279400
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01609612
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0445600
IRS990/LandBldgEquipCostOrOtherBssAmt0725000
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01138600
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ROCHESTER ECONOMIC DEVELOPMENT CORPORATION WAS FORMED FOR THE PURPOSE OF CREATING EMPLOYMENT OPPORTUNITIES, PARTICULARLY FOR LOW AND MODERATE INCOME PERSONS, THEREBY IMPROVING THE QUALITY AND CONDITIONS OF LIFE IN THE CITY OF ROCHESTER, NY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt014750713
IRS990/NetAssetsOrFundBalancesEOYAmt016420666
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt01814706
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01814706
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0346
IRS990/OccupancyGrp/TotalAmt0346
IRS990/OfficeExpensesGrp/ProgramServicesAmt010530
IRS990/OfficeExpensesGrp/TotalAmt010530
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER
IRS990/OtherExpensesGrp/Desc1TAXES
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3MEALS
IRS990/OtherExpensesGrp/ProgramServicesAmt055022
IRS990/OtherExpensesGrp/ProgramServicesAmt127345
IRS990/OtherExpensesGrp/ProgramServicesAmt211988
IRS990/OtherExpensesGrp/ProgramServicesAmt32353
IRS990/OtherExpensesGrp/TotalAmt055022
IRS990/OtherExpensesGrp/TotalAmt127345
IRS990/OtherExpensesGrp/TotalAmt211988
IRS990/OtherExpensesGrp/TotalAmt32353
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05899328
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05675534
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt03071
IRS990/PaymentsToAffiliatesGrp/TotalAmt03071
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROSILAND BROOKS HARRIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0523000
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2531120
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON NOTE RECEIVABLE
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE FEE
IRS990/ProgramServiceRevenueGrp/Desc2RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0188650
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt168509
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt226775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0188650
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt168509
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt226775
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010944
IRS990/PYOtherExpensesAmt0384959
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0782381
IRS990/PYRevenuesLessExpensesAmt0408366
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0384959
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0793325
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01669953
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0283934
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05337197
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010406203
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER THAN THE EX-OFFICIO MEMBERS REQUIRED BY THE ORGANIZATION'S BY-LAWS, ALL MEMBERS MUST BE APPROVED BY THE ROCHESTER ECONOMIC DEVELOPMENT CORPORATION. THE CITY OF ROCHESTER DOES NOT HAVE THE POWER TO ELECT OR APPOINT MEMBERS TO THE BOARD.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION B, LINE 1:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0166002551
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd08
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CITY OF ROCHESTER
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0355600
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0279400
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0635000
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0440795
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt090000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt090000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02110748
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS A PUBLIC BENEFIT CORPORATION OF THE STATE OF NEW YORK AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 115 OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE ON THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0445600
IRS990ScheduleD/TotalExpensesPerForm990Amt0440795
IRS990ScheduleD/TotalRevenuePerForm990Amt02110748
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02110748
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0440795
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt040000
IRS990ScheduleI/RecipientTable/CashGrantAmt130000
IRS990ScheduleI/RecipientTable/CashGrantAmt24497
IRS990ScheduleI/RecipientTable/CashGrantAmt325503
IRS990ScheduleI/RecipientTable/CashGrantAmt450000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RENOVATIONS AND EXTERNAL FACADE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1RENOVATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2BUILDING PURCHASE, SOFT COSTS RENOVATIONS, SIGNAGE, FF&E AND WORKING CAPITAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3BUILDING PURCHASE, SOFT COSTS RENOVATIONS, SIGNAGE, FF&E AND WORKING CAPITAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4RENOVATIONS AND FF&E
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BONTANA REALTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SOLODA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt235 STATE ST PROPERTIES LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt335 STATE ST PROPERTIES LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4REDDROC
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0295 MONROE AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1815-819 S CLINTON AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt235 STATE STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt335 STATE STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt424 WINTHROP STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROCHESTER

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,618,422
Liabilities
$197,756
Net assets
$16,420,666
Revenue
$2,110,748
Expenses
$440,795
Net income
$1,669,953
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$1.48$10.8$0.65$1.21$0.56
2023Summary only. Only limited summary data is available for this year.$13.3$1.98$11.3$1.67$2.68$1.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$0.49$12.3$1.54$2.87$1.33
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.0$1.39$13.7$1.69$2.63$0.94
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.8$2.21$14.6$0.43$2.25$1.82
2019Detailed filing. Detailed filing data is available for this year.$16.6$0.20$16.4$2.11$0.44$1.67
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.8$0.03$14.8$0.79$0.38$0.41
2017Summary only. Only limited summary data is available for this year.$14.4$0.03$14.3$0.48$0.23$0.25
2016Detailed filing. Detailed filing data is available for this year.$14.2$0.11$14.1$0.30$0.27$0.04
2015Detailed filing. Detailed filing data is available for this year.$14.1$0.01$14.1$0.27$0.58$0.31
2014Detailed filing. Detailed filing data is available for this year.$14.4$0.01$14.4$0.38$0.36$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$0.48$14.3$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$0.82$14.3$0.51
2011Summary only. Only limited summary data is available for this year.$15.6$1.25$14.3$0.49$0.66$0.17