New York · Nonprofit
ROCHESTER ECONOMIC DEVELOPMENT CORPORATION
ROCHESTER ECONOMIC DEVELOPMENT CORPORATION (New York) receives grants from 6 organizations whose IRS filings report $500,500 to it, the largest being ESL CHARITABLE FOUNDATION ($225,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $652k
- Funders on record
- 6
- Grants received
- $501k
- Net assets
- $11M
What Rochester Economic Development Corporation does
Mission
Rochester Economic Development Corporation (rocedc) is a private not-for-profit organization that exists to stimulate equitable economic growth that improves the quality of life in the city of rochester, new york.
As stated on its FY2024 Form 990.
Program
To reduce wealth disparities in middle income and poor rochester neighborhoods by creating and supporting locally owned micro and small neighborhood businesses and urban entrepreneurs.
$335,161 spentof which $217,810 as grants$270,862 earned by the program100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $335,161.
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.
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 $15M to $13M (−15%).
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.
Government-grant reliance: 2020 49% · 2022 82% · 2023 62% · 2024 28%. Grants only. Government contracts and fees sit inside program revenue.
35% of ROCHESTER ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
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.
Board chair
Dana Miller
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2019 → 2023: the base held at 1 funder, grant income fell $50k → $30k.
From the IRS filings of ROCHESTER ECONOMIC DEVELOPMENT CORPORATION’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
ROCHESTER ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 45% of grant income and the top three 91%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2019 100% · 2020 71% · 2021 83% · 2022 97% · 2023 100% — broadly stable.
“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
97% of ROCHESTER ECONOMIC DEVELOPMENT CORPORATION's grant income comes from New York funders.
In-state vs out-of-state, by year
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.
Against its field
ROCHESTER ECONOMIC DEVELOPMENT CORPORATION holds deeper cash reserves than three-quarters of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Government funding ROCHESTER ECONOMIC DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.0M on record.
- Small Business Administration$1.0M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like ROCHESTER ECONOMIC DEVELOPMENT CORPORATION
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
28% of spending goes to programs.
Governance
Public support
92%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for ROCHESTER ECONOMIC DEVELOPMENT CORPORATION: 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.
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 ROCHESTER ECONOMIC DEVELOPMENT CORPORATION?
- ROCHESTER ECONOMIC DEVELOPMENT CORPORATION (New York) receives grants from 6 organizations whose IRS filings report $500,500 to it, the largest being ESL CHARITABLE FOUNDATION ($225,000). 2 of them have funded it in more than one year.
- How many funders does ROCHESTER ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 6 organizations giving $500,500 in grants to ROCHESTER ECONOMIC DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
- Who is the largest funder of ROCHESTER ECONOMIC DEVELOPMENT CORPORATION?
- ESL CHARITABLE FOUNDATION is the largest funder on record, with $225,000 in grants. The full list of funders is on this page.
- How can an organization like ROCHESTER ECONOMIC DEVELOPMENT CORPORATION 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 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