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New York · Nonprofit

GREATER ROCHESTER ENTERPRISE INC

GREATER ROCHESTER ENTERPRISE INC (New York) receives grants from 3 organizations whose IRS filings report $341,500 to it, the largest being Rochester Institute of Technology ($306,500). 2 of them have funded it in more than one year.

Revenue FY2025
$2.4M
Funders on record
3
Grants received
$342k
Net assets
$561k
2/3 repeat funderspeak grant-dependency 4%
01What it does

What Greater Rochester Enterprise Inc does

Mission

Gre promotes regional assets and expertise to attract new business investments and foster business growth and retention in the region. As a trusted advisor, gre connects business executives with the right people and the right resources to spur business attraction and expansion in the greater rochester, ny region. Gre provides real-time information, guidance, and project coordination to drive business growth. By serving as a marketing resource for the greater rochester area, gre works to encourage the expansion of existing business and industry, as well as attracting new business and industry to the area. Gre also works to expand capital investment in the region. It is gre's intent that by encouraging economic development, unemployment and under-employment in the region will be relieved and reduced.

As stated on its FY2025 Form 990.

Program

  1. Support of economic development in the nine-county rochester, ny region through a collaborative and professional marketing effort of the public and private sectors. Gre serves as a marketing resource to encourage the expansion of existing business and industry, as well as attracting new business and industry to the rochester, ny region. Gre also works to expand capital investment in the region. It is gre's intent that by encouraging economic development, unemployment and under-employment in the region will be relieved and reduced.

    $1,808,817 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,808,817.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.4M) Expenses 100 ($1.6M) Net assets 100 ($135k)2018 Revenue 102 ($1.4M) Expenses 83 ($1.3M) Net assets 204 ($276k)2019 Revenue 129 ($1.8M) Expenses 102 ($1.7M) Net assets 200 ($270k)2020 Revenue 115 ($1.6M) Expenses 97 ($1.6M) Net assets 288 ($389k)2021 Revenue 115 ($1.6M) Expenses 101 ($1.6M) Net assets 295 ($399k)2022 Revenue 145 ($2.0M) Expenses 116 ($1.9M) Net assets 381 ($514k)2023 Revenue 155 ($2.1M) Expenses 124 ($2.0M) Net assets 387 ($522k)2024 Revenue 168 ($2.3M) Expenses 136 ($2.2M) Net assets 402 ($543k)2025 Revenue 173 ($2.4M) Expenses 140 ($2.3M) Net assets 415 ($561k)
'17'18'19'20'21'22'23'24'25
Revenue (173)Expenses (140)Net assets (415)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $543k to $700k (+29%).

$385k
$498k
$368k
$494k
$543k
$700k
$709k
$772k
$868k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 13% · 2018 12% · 2019 8% · 2020 3%. Grants only. Government contracts and fees sit inside program revenue.

100% of GREATER ROCHESTER ENTERPRISE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$262k
’17
$56k
’18
$104k
’19
−$12k
’20
−$71k
’21
$86k
’22
$93k
’23
$81k
’24
$88k
’25
0.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Matthew Hurlbutt

President & CEO

Board chair

Todd Liebert

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed343438363740394241
Joined·+3+11+1+5+6+5+9+4
No longer listed·37343665
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $38k → $54k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
funders
1
1
1
3
1
1
2
1

Left out of every figure on this page: $10M from 2 payers (the payer shares this organization's board, largest Greater Rochester Enterprise Foundation Inc). These are real filings, and they are not money GREATER ROCHESTER ENTERPRISE INC raised.

From the IRS filings of GREATER ROCHESTER ENTERPRISE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GREATER ROCHESTER ENTERPRISE INC leans on a few funders — its largest provides 90% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GREATER ROCHESTER ENTERPRISE INC.

90%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 83% · 2021 100% · 2022 100% · 2023 54% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of GREATER ROCHESTER ENTERPRISE INC's grant income comes from New York funders.

NY

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GREATER ROCHESTER ENTERPRISE INC's funding base is broadening — from 1 funders to 2 as grant income climbed.

Operating margin4% · below the median
Months of reserve0.6mo · bottom quartile
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Organizations like GREATER ROCHESTER ENTERPRISE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 15%Fundraising 6%

Governance

37
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 1 related entity

  • Greater Rochester Enterprise Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GREATER ROCHESTER ENTERPRISE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GREATER ROCHESTER ENTERPRISE INC?
GREATER ROCHESTER ENTERPRISE INC (New York) receives grants from 3 organizations whose IRS filings report $341,500 to it, the largest being Rochester Institute of Technology ($306,500). 2 of them have funded it in more than one year.
How many funders does GREATER ROCHESTER ENTERPRISE INC have?
IRS filings report 3 organizations giving $341,500 in grants to GREATER ROCHESTER ENTERPRISE INC, 2 of which have funded it in more than one year.
Who is the largest funder of GREATER ROCHESTER ENTERPRISE INC?
Rochester Institute of Technology is the largest funder on record, with $306,500 in grants. The full list of funders is on this page.
How can an organization like GREATER ROCHESTER ENTERPRISE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Greater Rochester Enterprise →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing