Civic Intelligence

Monroe County Industrial Development Corporation

EIN 51-0188852 • 501(c)6 • Rochester, NY

Profile

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.

50 West Main Street Suite 1150Rochester, NY 14614

www.monroecountybusiness.org/MCIDC

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

17th percentile

0.03x

Higher debt load relative to assets than 17% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

21st percentile

0.08x

Higher debt load relative to revenue than 21% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

96th percentile

51%

Higher net margin than 96% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

13th percentile

$96,724

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

85th percentile

22%

Faster asset growth than 85% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

50%

Faster revenue growth than 94% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$9,332,479

Up $1,708,366 (+22%) from 2023

Liabilities

Up

$264,541

Up $103,358 (+64%) from 2023

Net Assets

Up

$9,067,938

Up $1,605,008 (+22%) from 2023

Operations
Liabilities / Revenue21st percentileNet Margin96th percentile

Revenue

Up

$3,119,778

Up $1,035,851 (+50%) from 2023

Expenses

Up

$1,514,770

Up $390,012 (+35%) from 2023

Net Income

Up

$1,605,008

Up $645,839 (+67%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $7,001,574Liabilities 2011: $0Net Assets 2011: $7,001,5742011Assets 2012: $6,863,981Liabilities 2012: $14,273Net Assets 2012: $6,849,7082012Assets 2013: $7,295,504Liabilities 2013: $0Net Assets 2013: $7,295,5042013Assets 2014: $7,413,147Liabilities 2014: $18,204Net Assets 2014: $7,394,9432014Assets 2015: $7,933,713Liabilities 2015: $0Net Assets 2015: $7,933,7132015Assets 2016: $7,649,713Liabilities 2016: $52,061Net Assets 2016: $7,597,6522016Assets 2017: $8,821,450Liabilities 2017: $4,379Net Assets 2017: $8,817,0712017Assets 2018: $7,902,588Liabilities 2018: $95,138Net Assets 2018: $7,807,4502018Assets 2019: $6,463,028Liabilities 2019: $426,458Net Assets 2019: $6,036,5702019Assets 2020: $7,696,649Liabilities 2020: $256,840Net Assets 2020: $7,439,8092020Assets 2021: $7,440,764Liabilities 2021: $340,725Net Assets 2021: $7,100,0392021Assets 2022: $6,771,194Liabilities 2022: $267,433Net Assets 2022: $6,503,7612022Assets 2023: $7,624,113Liabilities 2023: $161,183Net Assets 2023: $7,462,9302023Assets 2024: $9,332,479Liabilities 2024: $264,541Net Assets 2024: $9,067,9382024

Highlighted filing

2024

Assets$9,332,479
Liabilities$264,541
Net Assets$9,067,938
Open 2024 Filing

Operations Trend

Revenue Growth94th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,216,549Expenses 2011: $353,222Net Income 2011: $863,3272011Revenue 2012: $458,966Expenses 2012: $610,832Net Income 2012: -$151,8662012Revenue 2013: $1,109,195Expenses 2013: $663,399Net Income 2013: $445,7962013Revenue 2014: $772,074Expenses 2014: $672,635Net Income 2014: $99,4392014Revenue 2015: $1,309,307Expenses 2015: $770,537Net Income 2015: $538,7702015Revenue 2016: $621,287Expenses 2016: $957,348Net Income 2016: -$336,0612016Revenue 2017: $2,072,876Expenses 2017: $853,457Net Income 2017: $1,219,4192017Revenue 2018: $438,383Expenses 2018: $1,188,291Net Income 2018: -$749,9082018Revenue 2019: $503,367Expenses 2019: $1,453,919Net Income 2019: -$950,5522019Revenue 2020: $2,511,089Expenses 2020: $1,107,850Net Income 2020: $1,403,2392020Revenue 2021: $660,524Expenses 2021: $1,000,294Net Income 2021: -$339,7702021Revenue 2022: $361,369Expenses 2022: $957,647Net Income 2022: -$596,2782022Revenue 2023: $2,083,927Expenses 2023: $1,124,758Net Income 2023: $959,1692023Revenue 2024: $3,119,778Expenses 2024: $1,514,770Net Income 2024: $1,605,0082024

Highlighted filing

2024

Revenue$3,119,778
Expenses$1,514,770
Net Income$1,605,008
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$9,332,479
Liabilities
$264,541
Net assets
$9,067,938
Revenue
$3,119,778
Expenses
$1,514,770
Net income
$1,605,008
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.33$0.26$9.07$3.12$1.51$1.61
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.62$0.16$7.46$2.08$1.12$0.96
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.77$0.27$6.50$0.36$0.96$0.60
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.44$0.34$7.10$0.66$1.00$0.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.70$0.26$7.44$2.51$1.11$1.40
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.46$0.43$6.04$0.50$1.45$0.95
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.90$0.10$7.81$0.44$1.19$0.75
2017Summary only. Only limited summary data is available for this year.$8.82$0.00$8.82$2.07$0.85$1.22
2016Summary only. Only limited summary data is available for this year.$7.65$0.05$7.60$0.62$0.96$0.34
2015Summary only. Only limited summary data is available for this year.$7.93$0.00$7.93$1.31$0.77$0.54
2014Summary only. Only limited summary data is available for this year.$7.41$0.02$7.39$0.77$0.67$0.10
2013Summary only. Only limited summary data is available for this year.$7.30$0.00$7.30$1.11$0.66$0.45
2012Summary only. Only limited summary data is available for this year.$6.86$0.01$6.85$0.46$0.61$0.15
2011Summary only. Only limited summary data is available for this year.$7.00$0.00$7.00$1.22$0.35$0.86
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 21, 2025
Return Version
2024v5.2
Gross Receipts
$3,119,778
Mission and Program Overview

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,102,061$5,263,073▲ $161,012
Other Notes and Loans Receivable, Net$2,371,702$3,568,200▲ $1,196,498
Accounts Receivable$144,670$492,598▲ $347,928
Prepaid Expenses and Deferred Charges$5,630$8,558▲ $2,928
Cash and Non-Interest-Bearing Accounts$50$50→ $0
Total Assets$7,624,113$9,332,479▲ $1,708,366
Liabilities
Accounts Payable and Accrued Expenses$160,181$264,541▲ $104,360
Deferred Revenue$1,002--
Total Liabilities$161,183$264,541▲ $103,358
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,293,627$8,898,635▲ $1,605,008
Net Assets With Donor Restrictions$169,303$169,303→ $0
Total Net Assets Fund Balance$7,462,930$9,067,938▲ $1,605,008
Total Liabilities and Net Assets / Fund Balance$7,624,113$9,332,479▲ $1,708,366
Compensation and Service Providers
Top Officer Pay13th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tony SciarabbaCDC ManagerFT$96,724$96,724

Board Members and Trustees

NameTitle
Hanif Abdul-wahidPresident
Christopher JohnstonVice President
Brett OwenDirector
Philip SmithDirector
Ryan FeltnerDirector
Timothy BrownDirector
Zack PhillipsDirector
Brittany BachmanDirector- Joined During the Year
Carla VasquezDirector- Joined During the Year
Christopher RushDirector- Joined During the Year
Joe SayreDirector- Joined During the Year
Ana LissExecutive Director
Eric RogersSecretary
Jeffrey BarkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,076,209
Program Service Revenue
$734,276
Investment Income
$309,293
Other Revenue
$0
Change in Net Assets
$1,605,008

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,119,778
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,119,778
Total Revenue per Form 990
$3,119,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$561,995
Grants and Similar Amounts Paid$517,379
Salaries, Compensation, and Employee Benefits$435,396
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$517,379
Other Salaries and Wages---$280,118
Current Officers, Directors, Trustees, and Key Employees---$96,724
Fees for Services Management---$90,000
Fees for Services Accounting---$89,080
Payroll Taxes---$29,979
Advertising---$25,787
Other Employee Benefits---$22,702
Fees for Services Other---$17,333
Insurance---$13,863
Travel---$6,160
Pension Plan Contributions---$5,873
Office Expenses---$5,442
Fees for Services Legal---$2,264
Other Expenses---$2,133
All Other Expenses---$275
Total Functional Expenses$0$0$0$1,514,770

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,514,770
Total Expenses per Audited Statements$1,514,770
Total Expenses per Form 990$1,514,770
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Unearthly Materials IncRochester, NY-Great Rate / Great Rebate$15,734
Corning TropelFairport, NY-Monroe on the Job$15,350
Elite Turning & Machining CorpRochester, NY-Great Rate$15,015
Villager Construction IncFairport, NY-Great Rate / Great Rebate$13,952
Mcquillen Manufacturing LLCHoneoye Falls, NY-Great Rate$11,113
Jp White Trash LLCRochester, NY-Great Rate$10,784
Catprintcom LLCFairport, NY-Great Rate$9,193
Ultra ProductsRochester, NY-Great Rate$8,940
Framing Technology Leasing LLCRochester, NY-Great Rate$8,347
Xli Manufacturing LLCRochester, NY-Great Rate$6,694
Crane Dental Laboratory IncRochester, NY-Great Rate / Great Rebate$5,423
Staach IncRochester, NY-Great Rate$5,002
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Contractual ServiceLoan AdministrationNo$2,076,209
-Common ManagementAdministrative ServicesNo$90,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization has a contract with monroe county department of planning and development to provide administrative services. The organization paid monroe county $90,000 during 2024.”

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

“The organization has 13 board members who are all appointed by monroe county.”

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

“Decisions are approved by the governing board. Monroe county may remove any director they appoint.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by the accounting firm that performed the annual audit of the financial statements based on information provided by mcidc. The form 990 was reviewed electronically by board members before filing.”

Form 990, Part VI, Section B, Line 12C

“All policies are adopted annually.”

Form 990, Part VI, Section B, Line 15

“The organization does not compensate any director for their services.”

Form 990, Part VI, Section C, Line 19

“Documents are made available on the organization's website.”

Filing and Contact Details

Filer

Filer Name
Monroe County Industrial Development
EIN
51-0188852
Phone
5857532000
Address
50 WEST MAIN STREET SUITE 1150, ROCHESTER, NY 14614

Signing Officer

Name
Hanif Abdul-wahid
Title
President
Phone
5857532000
Signed
2025-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hanif Abdul-wahid
Formed
1962
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
6
Volunteers
13

Preparer

Firm
Mengel Metzger Barr & Co Llp
Address
100 CHESTNUT STREET SUITE 1200, ROCHESTER, NY 14604
Preparer
Thomas Zuber
Phone
5854231860
Supplemental Narrative

Additional Explanations

Part XII, Line 2C Explanation

“The board has not changed its process for selecting the independent auditor nor have they changed the oversight of the audit from prior years.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from income taxes under section 501(c)(6) of the internal revenue 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. Management is not aware of any events that could jeopardize the corporation's tax-exempt status. Therefore, no liability or provision for income tax has been reflected in the financial statements. The corporation has requested a determination letter from the irs.”

Raw XML AppendixShowing 400 of 531 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0160181
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0264541
IRS990/AccountsReceivableGrp/BOYAmt0144670
IRS990/AccountsReceivableGrp/EOYAmt0492598
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE 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.
IRS990/AdvertisingGrp/TotalAmt025787
IRS990/AllOtherExpensesGrp/TotalAmt0275
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ROBIN FINNERTY
IRS990/BooksInCareOfDetail/PhoneNum05857532037
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt050 WEST MAIN STREET SUITE 1150
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROCHESTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014614
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt050
IRS990/CashNonInterestBearingGrp/EOYAmt050
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt096724
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02076209
IRS990/CYGrantsAndSimilarPaidAmt0517379
IRS990/CYInvestmentIncomeAmt0309293
IRS990/CYOtherExpensesAmt0561995
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0734276
IRS990/CYRevenuesLessExpensesAmt01605008
IRS990/CYSalariesCompEmpBnftPaidAmt0435396
IRS990/CYTotalExpensesAmt01514770
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03119778
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01002
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0PROVIDED FINANCIAL ASSISTANCE TO JOB CREATING BUSINESSES THAT DEMONSTRATED A NEED FOR FINANCING. DURING 2024, 54 BUSINESSES WERE ASSISTED.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0169303
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0169303
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/TotalAmt089080
IRS990/FeesForServicesLegalGrp/TotalAmt02264
IRS990/FeesForServicesManagementGrp/TotalAmt090000
IRS990/FeesForServicesOtherGrp/TotalAmt017333
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
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IRS990/Form990PartVIISectionAGrp/PersonNm1HANIF ABDUL-WAHID
IRS990/Form990PartVIISectionAGrp/PersonNm2PHILIP SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRISTOPHER JOHNSTON
IRS990/Form990PartVIISectionAGrp/PersonNm4ZACK PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm5TIMOTHY BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm6RYAN FELTNER
IRS990/Form990PartVIISectionAGrp/PersonNm7BRETT OWEN
IRS990/Form990PartVIISectionAGrp/PersonNm8ERIC ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm9BRITTANY BACHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10JOE SAYRE
IRS990/Form990PartVIISectionAGrp/PersonNm11CHRISTOPHER RUSH
IRS990/Form990PartVIISectionAGrp/PersonNm12CARLA VASQUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm13ANA LISS
IRS990/Form990PartVIISectionAGrp/PersonNm14TONY SCIARABBA
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR- JOINED DURING THE YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR- JOINED DURING THE YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR- JOINED DURING THE YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR- JOINED DURING THE YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CDC MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt02076209
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0517379
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03119778
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt013863
IRS990/InvestmentIncomeGrp/ExclusionAmt0210122
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt099171
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0309293
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07462930
IRS990/NetAssetsOrFundBalancesEOYAmt09067938
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07293627
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08898635
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt05442
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022702
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0277660
IRS990/OtherExpensesGrp/TotalAmt120171
IRS990/OtherExpensesGrp/TotalAmt211827
IRS990/OtherExpensesGrp/TotalAmt32133
IRS990/OtherSalariesAndWagesGrp/TotalAmt0280118
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02371702
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03568200
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt029979
IRS990/PensionPlanContributionsGrp/TotalAmt05873
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05630
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08558
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IRS990/ProgramServiceRevenueGrp/Desc0BOND FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1250069
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0484207
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1250069
IRS990/ProgSrvcAccomActy2Grp/Desc0THIS 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.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0837728
IRS990/PYGrantsAndSimilarPaidAmt0412500
IRS990/PYInvestmentIncomeAmt053520
IRS990/PYOtherExpensesAmt0341055
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01192679
IRS990/PYRevenuesLessExpensesAmt0959169
IRS990/PYSalariesCompEmpBnftPaidAmt0371203
IRS990/PYTotalExpensesAmt01124758
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02083927
IRS990/ReconcilationRevenueExpnssAmt01605008
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05102061
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05263073
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
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IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03119778
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE 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. MANAGEMENT IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE THE CORPORATION'S TAX-EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR INCOME TAX HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. THE CORPORATION HAS REQUESTED A DETERMINATION LETTER FROM THE IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalRevenuePerForm990Amt03119778
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03119778
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01514770
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt09193
IRS990ScheduleI/RecipientTable/CashGrantAmt15423
IRS990ScheduleI/RecipientTable/CashGrantAmt215015
IRS990ScheduleI/RecipientTable/CashGrantAmt35002
IRS990ScheduleI/RecipientTable/CashGrantAmt48940
IRS990ScheduleI/RecipientTable/CashGrantAmt513952
IRS990ScheduleI/RecipientTable/CashGrantAmt66694
IRS990ScheduleI/RecipientTable/CashGrantAmt715350
IRS990ScheduleI/RecipientTable/CashGrantAmt88347
IRS990ScheduleI/RecipientTable/CashGrantAmt910784
IRS990ScheduleI/RecipientTable/CashGrantAmt1011113
IRS990ScheduleI/RecipientTable/CashGrantAmt1115734
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GREAT RATE / GREAT REBATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5GREAT RATE / GREAT REBATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7MONROE ON THE JOB
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11GREAT RATE / GREAT REBATE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CATPRINTCOM LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CRANE DENTAL LABORATORY INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ELITE TURNING & MACHINING CORP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3STAACH INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4ULTRA PRODUCTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5VILLAGER CONSTRUCTION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6XLI MANUFACTURING LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7CORNING TROPEL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8FRAMING TECHNOLOGY LEASING LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9JP WHITE TRASH LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10MCQUILLEN MANUFACTURING LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11UNEARTHLY MATERIALS INC
IRS990ScheduleI/RecipientTable/RecipientEIN0205604941
IRS990ScheduleI/RecipientTable/RecipientEIN1161547647
IRS990ScheduleI/RecipientTable/RecipientEIN2455615582
IRS990ScheduleI/RecipientTable/RecipientEIN3262351014
IRS990ScheduleI/RecipientTable/RecipientEIN4871942814
IRS990ScheduleI/RecipientTable/RecipientEIN5161146699
IRS990ScheduleI/RecipientTable/RecipientEIN6832389660
IRS990ScheduleI/RecipientTable/RecipientEIN7160393470
IRS990ScheduleI/RecipientTable/RecipientEIN8813715846
IRS990ScheduleI/RecipientTable/RecipientEIN9874308197
IRS990ScheduleI/RecipientTable/RecipientEIN10872003655
IRS990ScheduleI/RecipientTable/RecipientEIN11853458233
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0100 PHOTIKON DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13515 BUFFALO ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt242 MARWAY CIRCLE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3207 HUMBOLDT ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4159 LAGRANGE AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5425 OLD MACEDON CENTER ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt655 VANGUARD PARKWAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt760 OCONNOR RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8137 SKYE ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt92015 MAIDEN LN
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1011 CARRIAGE ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11322 BLOSSOM RD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FAIRPORT
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ROCHESTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm2ROCHESTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm3ROCHESTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm4ROCHESTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm5FAIRPORT
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IRS990ScheduleI/RecipientTable/USAddress/CityNm7FAIRPORT
IRS990ScheduleI/RecipientTable/USAddress/CityNm8ROCHESTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm9ROCHESTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm10HONEOYE FALLS
IRS990ScheduleI/RecipientTable/USAddress/CityNm11ROCHESTER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3NY

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