Civic Intelligence

Monroe County Industrial Development Corporation

990 • Fiscal year 2023 • EIN 51-0188852

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 17, 2024

50 West Main Street Suite 1150Rochester, NY 14614

(585) 753-2000

Siviq Scores

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

Liabilities / Assets

15th percentile

0.02x

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

2023 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

19th percentile

0.08x

Higher debt load relative to revenue than 19% of similar nonprofits.

2023 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2023

Net Margin

96th percentile

46%

Higher net margin than 96% of similar nonprofits.

2023 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

15th percentile

$90,902

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2023 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2023

Asset Growth

66th percentile

13%

Faster asset growth than 66% of similar nonprofits.

2023 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

477%

Faster revenue growth than 98% of similar nonprofits.

2023 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$7,624,113

Up $852,919 (+13%) from 2022

Net Assets

Up

$7,462,930

Up $959,169 (+15%) from 2022

Liabilities

Down

$161,183

Down $106,250 (-40%) from 2022

Revenue

Up

$2,083,927

Up $1,722,558 (+477%) from 2022

Expenses

Up

$1,124,758

Up $167,111 (+17%) from 2022

Net Income

Up

$959,169

Up $1,555,447 (+261%) from 2022

Historical Trend

Balance Sheet Trend

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

$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

2023

Assets$7,624,113
Liabilities$161,183
Net Assets$7,462,930

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2023

Revenue$2,083,927
Expenses$1,124,758
Net Income$959,169
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 17, 2024
Return Version
2023v5.1
Gross Receipts
$2,201,401
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$4,704,422$5,102,061▲ $397,639
Other Notes and Loans Receivable, Net$1,928,068$2,371,702▲ $443,634
Accounts Receivable-$144,670-
Investments Program Related$117,474--
Prepaid Expenses and Deferred Charges$21,180$5,630▼ $15,550
Cash and Non-Interest-Bearing Accounts$50$50→ $0
Total Assets$6,771,194$7,624,113▲ $852,919
Liabilities
Accounts Payable and Accrued Expenses$262,785$160,181▼ $102,604
Deferred Revenue$4,648$1,002▼ $3,646
Total Liabilities$267,433$161,183▼ $106,250
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,334,458$7,293,627▲ $959,169
Net Assets With Donor Restrictions$169,303$169,303→ $0
Total Net Assets Fund Balance$6,503,761$7,462,930▲ $959,169
Total Liabilities and Net Assets / Fund Balance$6,771,194$7,624,113▲ $852,919
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tony SciarabbaCDC ManagerFT$90,902$90,902

Board Members and Trustees

NameTitle
Hanif Abdul-wahidPresident
Christopher JohnstonVice President
Philip SmithDirector
Timothy BrownDirector
Zack PhillipsDirector
Brett OwenDirector - Joined During Year
Eric RogersDirector - Joined During Year
Ryan FeltnerDirector - Joined During Year
David BrooksDirector - Resigned During Year
Ella KrzanowiczDirector - Resigned During Year
Joseph RizzoDirector - Resigned During Year
Peter HinDirector - Resigned During Year
Ana LissExecutive Director
Lynn RyanSecretary - Resigned During Year
Jeffrey BarkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$837,728
Program Service Revenue
$1,192,679
Investment Income
$53,520
Other Revenue
$0
Change in Net Assets
$959,169

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,083,927
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,083,927
Total Revenue per Form 990
$2,083,927
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$412,500
Salaries, Compensation, and Employee Benefits$371,203
Other Expenses$341,055
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$412,500
Other Salaries and Wages---$230,965
Current Officers, Directors, Trustees, and Key Employees---$90,902
Fees for Services Management---$90,000
Fees for Services Accounting---$71,965
Payroll Taxes---$26,574
Fees for Services Other---$19,403
Other Employee Benefits---$17,466
Insurance---$14,319
Pension Plan Contributions---$5,296
Travel---$3,563
Other Expenses---$3,278
Office Expenses---$2,923
All Other Expenses---$1,843
Fees for Services Legal---$760
Total Functional Expenses$0$0$0$1,124,758

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,124,758
Total Expenses per Audited Statements$1,124,758
Total Expenses per Form 990$1,124,758
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Villager Construction IncFairport, NY-Great Rate / Great Rebate$28,245
Plug PowerWest Henrietta, NY-Great Rebate$20,000
Xli Manufacturing LLCRochester, NY-Great Rate$14,885
Jam Industries IncRochester, NY-Great Rate$12,282
Crane Dental Laboratory IncRochester, NY-Great Rate / Great Rebate$11,344
Catprintcom LLCFairport, NY-Great Rate$11,165
Ultra ProductsRochester, NY-Great Rate$11,070
Aurora Machine & Mfg IncRochester, NY-Great Rate / Great Rebate$10,343
Turner Underground InstallationRochester, NY-Great Rate$10,245
Flower City Roll OffRochester, NY-Great Rate$9,723
Bozza Pasta LLCHilton, NY-Great Rate$9,202
Black Button DistillingRochester, NY-Great Rate / Manufacturing Reward$6,544
Elite Turning & Machining CorpRochester, NY-Great Rate$6,266
Staach IncRochester, NY-Great Rate$6,178
Studco Building SystemsWebster, NY-Great Rate / Monroe on the Job$6,108
Precision Laser Technology LLCRochester, NY-Great Rate$5,061
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$837,728
-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 2023.

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

The organization has 9 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
2024-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hanif Abdul-wahid
Formed
1962
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
14

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

Form 990, Part III, Line 2

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 and building you credit in the process.

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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR - RESIGNED DURING YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR - RESIGNED DURING YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR - RESIGNED DURING YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY - RESIGNED DURING YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR - RESIGNED DURING YEAR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR - JOINED DURING YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR - JOINED DURING YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CDC MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-117474
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0837728
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0412500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02201401
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt014319
IRS990/InvestmentIncomeGrp/ExclusionAmt0113738
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt057256
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0170994
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0117474
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0117474
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06503761
IRS990/NetAssetsOrFundBalancesEOYAmt07462930
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-117474
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-117474
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06334458
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07293627
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt02923
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017466
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1PTAC FUNDING
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/TotalAmt0107106
IRS990/OtherExpensesGrp/TotalAmt116010
IRS990/OtherExpensesGrp/TotalAmt29885
IRS990/OtherExpensesGrp/TotalAmt33278
IRS990/OtherSalariesAndWagesGrp/TotalAmt0230965
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01928068
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02371702
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt026574
IRS990/PensionPlanContributionsGrp/TotalAmt05296
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021180
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05630
IRS990/PrincipalOfficerNm0HANIF ABDUL-WAHID
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0BOND FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0924150
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1263881
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24648
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0924150
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1263881
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24648
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/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt0481427
IRS990/PYInvestmentIncomeAmt0-46080
IRS990/PYOtherExpensesAmt0253000
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0407449
IRS990/PYRevenuesLessExpensesAmt0-596278
IRS990/PYSalariesCompEmpBnftPaidAmt0223220
IRS990/PYTotalExpensesAmt0957647
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0361369
IRS990/ReconcilationRevenueExpnssAmt0959169
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04704422
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05102061
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
IRS990ScheduleD/ExpensesSubtotalAmt01124758
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02083927
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:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01124758
IRS990ScheduleD/TotalRevenuePerForm990Amt02083927
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02083927
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01124758
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt010343
IRS990ScheduleI/RecipientTable/CashGrantAmt16544
IRS990ScheduleI/RecipientTable/CashGrantAmt29202
IRS990ScheduleI/RecipientTable/CashGrantAmt311165
IRS990ScheduleI/RecipientTable/CashGrantAmt411344
IRS990ScheduleI/RecipientTable/CashGrantAmt56266
IRS990ScheduleI/RecipientTable/CashGrantAmt69723
IRS990ScheduleI/RecipientTable/CashGrantAmt712282
IRS990ScheduleI/RecipientTable/CashGrantAmt820000
IRS990ScheduleI/RecipientTable/CashGrantAmt95061
IRS990ScheduleI/RecipientTable/CashGrantAmt106178
IRS990ScheduleI/RecipientTable/CashGrantAmt116108
IRS990ScheduleI/RecipientTable/CashGrantAmt1210245
IRS990ScheduleI/RecipientTable/CashGrantAmt1311070
IRS990ScheduleI/RecipientTable/CashGrantAmt1428245
IRS990ScheduleI/RecipientTable/CashGrantAmt1514885
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/NonCashAssistanceAmt120
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt130
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt140
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt150
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GREAT RATE / GREAT REBATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GREAT RATE / MANUFACTURING REWARD
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GREAT RATE / GREAT REBATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8GREAT REBATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11GREAT RATE / MONROE ON THE JOB
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13GREAT RATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14GREAT RATE / GREAT REBATE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15GREAT RATE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AURORA MACHINE & MFG INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BLACK BUTTON DISTILLING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BOZZA PASTA LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CATPRINTCOM LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4CRANE DENTAL LABORATORY INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5ELITE TURNING & MACHINING CORP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6FLOWER CITY ROLL OFF
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7JAM INDUSTRIES INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8PLUG POWER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9PRECISION LASER TECHNOLOGY LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10STAACH INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11STUDCO BUILDING SYSTEMS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12TURNER UNDERGROUND INSTALLATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13ULTRA PRODUCTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14VILLAGER CONSTRUCTION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15XLI MANUFACTURING LLC
IRS990ScheduleI/RecipientTable/RecipientEIN0463415867
IRS990ScheduleI/RecipientTable/RecipientEIN1455477168
IRS990ScheduleI/RecipientTable/RecipientEIN2433902526
IRS990ScheduleI/RecipientTable/RecipientEIN3205604941
IRS990ScheduleI/RecipientTable/RecipientEIN4161547647
IRS990ScheduleI/RecipientTable/RecipientEIN5455615582
IRS990ScheduleI/RecipientTable/RecipientEIN6825402954
IRS990ScheduleI/RecipientTable/RecipientEIN7161545558
IRS990ScheduleI/RecipientTable/RecipientEIN8223672377

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2023Detailed filing. Detailed filing data is available for this year.$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