2023-07-03T14:25:04-05:00 2022-09-30 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2021-10-01 222559522 ROCHESTER ECONOMIC DEVELOPMENT CORPORATION ROCH 5859210500 55-57 ST PAUL STREET ROCHESTER NY 14604 KEITH CLEARY TREASURER 5859210500 2023-05-22 1 KEITH CLEARY 999009999 DAVID A URBAN CPA P00630018 7166340700 2023-05-22 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z KEITH CLEARY 55-57 ST PAUL STREET ROCHESTER NY 14604 1537376 0 X WWW.REDCOROC.COM X 1983 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. 10 10 0 10 0 0 1247595 1351033 324566 162199 118492 23428 0 716 1690653 1537376 1312595 1450666 0 0 402416 785339 0 0 0 916239 632904 2631250 2868909 -940597 -1331533 15049866 12826853 1385695 494215 13664171 12332638 WE CREATE EQUITABLE NEIGHBORHOOD WEALTH FOR EXISTING AND NEW BUSINESSES THROUGH STARTEGIC ECONOMIC DEVELOPMENT. 0 0 1624908 1450666 162199 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. 1624908 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 NY X KEITH CLEARY 5859210500 55-57 ST PAUL STREET ROCHESTER NY 14604 X DANA MILLER CHAIR 1.00 X X 0 0 0 DR DT OGILVIE VICE CHAIR 1.00 X X 0 0 0 KEITH CLEARY TREASURER 1.00 X X 0 0 0 MICHAEL PATTERSON SECRETARY 1.00 X X 0 0 0 HOLLIS S BUDD BOARD MEMBER 1.00 X 0 0 0 GENE DEPREZ BOARD MEMBER 1.00 X 0 0 0 SERGIO ESTEBAN BOARD MEMBER 1.00 X 0 0 0 GREGORY EWING BOARD MEMBER 1.00 X 0 0 0 MATTHEW KUHLENBECK BOARD MEMBER 1.00 X 0 0 0 ANTHONY SMITH BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 COORDINATED CARE SERVICES INC 1099 JAY STREET ROCHESTER NY 14611 CONTRACTED PERSONNEL 964070 LAW OFFICES OF PULLANO & FARROW PLLC 69 CASCADE DRIVE SUITE 307 ROCHESTER NY 14614 LEGAL SERVICES 201497 CFO CONSULTING 4 GRIMSBY GATE FAIRPORT NY 14450 OUTSOURCED CFO CONSULTING 108150 3 1267116 83917 1351033 INTEREST ON NOTE RECEI 523000 127634 127634 FEES ON LOANS & GRANTS 523000 34565 34565 162199 23428 23428 MISCELLANEOUS 900099 716 716 716 1537376 162199 0 24144 1450666 1450666 595303 89133 506170 190036 25786 164250 108880 13631 95249 160786 45568 115218 173756 124 173632 30593 30593 23338 23338 35455 35455 38578 38578 16385 16385 27537 27537 6163 6163 9937 9937 BANK CHARGES 1496 1496 2868909 1624908 1244001 0 8915979 8480010 1348 966 6081658 4284213 8526 21721 49561 9618 42355 39943 15049866 12826853 170190 175228 1215505 318987 1385695 494215 X 1731222 12332638 11932949 0 13664171 12332638 15049866 12826853 -1331533 0 X X 0 1 X 1 0 X 0 0 212000 1247595 1351033 2810628 212000 1247595 1351033 2810628 2810628 10944 12108 6032 5036 23428 57548 716 716 2868892 1623691 0.97970 0.97720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7453 1491 5962 42108 8127 33981 39943 X 1537376 0 1537376 0 1537376 2868909 0 2868909 0 2868909 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE (THE 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. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION AND RECOGNIZE A TAX LIABILITY IF THE CORPORATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE ITS TAX EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR INCOME TAX HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. 0 AIOPX MANAGEMENT CONSULTING 1007 LAQUINTA DRIVE WEBSTER NY 14580 21666 0 ENTREPRENEURIAL SUPPORT PROGRAM CABHQ LLC DBA BEYOND TEAL 19 RUSTIC PINES PITTSFORD NY 14534 21666 0 ENTREPRENEURIAL SUPPORT PROGRAM CDFI FRIENDLY AMERICA LLC 7340 RURAL LANE PHILADELPHIA PA 19119 10000 0 ENTREPRENEURIAL SUPPORT PROGRAM COMMUNITY EMPOWERMENT OPPORTUNITIES LLC 2710 ENSEMBLE COURT CHARLOTTE NC 28226 21667 0 ENTREPRENEURIAL SUPPORT PROGRAM CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER INC 1050 UNIVERSITY AVE SUITE A ROCHESTER NY 14607 160972260 501(C)(3) 35661 0 ENTREPRENEURIAL SUPPORT PROGRAM CURATORS OF THE UNIVERSITY OF MISSOURI DBA UMKC INNOVATION CENTER PO BOX 80511 KANSAS CITY MO 641805111 8075 0 ENTREPRENEURIAL SUPPORT PROGRAM GREATER WORKS COLLABORATIVE INC 139 LIME ROCH ROAD LEROY NY 12203 831252815 501(C)(3) 37500 0 ENTREPRENEURIAL SUPPORT PROGRAM IBERO-AMERICAN ACTION LEAGUE INC 817 EAST MAIN STREET ROCHESTER NY 14605 160954745 501(C)(3) 37500 0 ENTREPRENEURIAL SUPPORT PROGRAM JOHN RODRIGUEZ4CHANGE LLC 19 SANFILIPPO CIRCLE ROCHESTER NY 14625 35661 0 ENTREPRENEURIAL SUPPORT PROGRAM MARKET ACCESS COMPANY INC 1404 EAST AVENUE ROCHESTER NY 14610 35661 0 ENTREPRENEURIAL SUPPORT PROGRAM MEN OF EUREKA DEVELOPMENT LLC 616 BROWN STREET ROCHESTER NY 14611 35661 0 ENTREPRENEURIAL SUPPORT PROGRAM MONROE COMMUNITY COLLEGE 1000 EAST HENRIETTA ROAD ROCHESTER NY 14623 160849590 501(C)(3) 8026 0 ENTREPRENEURIAL SUPPORT PROGRAM PLAN-IT EBONI LLC 887 HIDDEN VALLEY ROAD ROCHESTER NY 14624 35661 0 ENTREPRENEURIAL SUPPORT PROGRAM PREDICTIVE INSIGHTS LLC 41720 CHIANTI CT PALMDALE CA 93551 21666 0 ENTREPRENEURIAL SUPPORT PROGRAM ROCHESTER COMMISSARY LLC 100 CHESTNUT STREET SUITE 1910 ROCHESTER NY 14604 37500 0 ENTREPRENEURIAL SUPPORT PROGRAM ROCHESTER INSTITUTE OF TECHNOLOGY 25 LOMB MEMORIAL DRIVE ROCHESTER NY 14623 160743140 501(C)(3) 35661 0 ENTREPRENEURIAL SUPPORT PROGRAM ROCHESTER PUBLIC LIBRARY 115 SOUTH AVE ROCHESTER NY 14604 223160973 501(C)(3) 13178 0 ENTREPRENEURIAL SUPPORT PROGRAM SHERRY PERRY TSHIBANGU DBA INNOVATIVE BUSINESS ADVISORS 28 SAMATHAS WAY PITTSFORD NY 14534 21667 0 ENTREPRENEURIAL SUPPORT PROGRAM THE PEOPLE'S INSTITUTE FOR SURVIVAL AND BEYOND 601 N CARROLLTON AVENUE NEW ORLEANS LA 70119 721160700 501(C)(3) 13500 0 ENTREPRENEURIAL SUPPORT PROGRAM THIRD EYE NETWORK LLC 250 MILL STREET ROCHESTER NY 14614 53001 0 ENTREPRENEURIAL SUPPORT PROGRAM URBAN LEAGUE OF ROCHESTER NY INC 265 NORTH CLINTON ROCHESTER NY 14605 160906150 501(C)(3) 75000 0 ENTREPRENEURIAL SUPPORT PROGRAM VENTURE JOBS FOUNDATION 260 EAST MAIN STREET ROCHESTER NY 14604 273255356 501(C)(3) 35661 0 ENTREPRENEURIAL SUPPORT PROGRAM VOLUNTEER LEGAL SERVICES PROJECT OF MONROE COUNTY INC ONE WEST MAIN STREET 5TH FL ROCHESTER NY 14614 222462905 501(C)(3) 37500 0 ENTREPRENEURIAL SUPPORT PROGRAM WASHINGTON REGIONAL ASSOCIATION OF GRANTMAKERS PO BOX 45948 BALTIMORE MD 212975948 521756853 501(C)(3) 39750 0 ENTREPRENEURIAL SUPPORT PROGRAM WORLD-WISE DESIGNS INC DBA G-FORCE COLLABORATIONS 2435 HIGHLAND AVE ROCHESTER NY 14610 21667 0 ENTREPRENEURIAL SUPPORT PROGRAM R REALTY ROCHESTER LLC 86 LAKE AVE ROCHESTER NY 14608 90803 0 REVITALIZE ROCHESTER BUILDING RENOVATION TRACEY W JONES 683 GILLET ROAD SPENCERPORT NY 14559 117990 0 REVITALIZE ROCHESTER BUILDING RENOVATION ANDY'S CANDIES 1100 HUDSON AVE ROCHESTER NY 14621 162000 0 REVITALIZE ROCHESTER BUILDING RENOVATION R COMMUNITY BIKES 226 HUDSON AVENUE ROCHESTER NY 14605 262353301 501(C)(3) 98000 0 REVITALIZE ROCHESTER BUILDING RENOVATION BROOKS LANDING DINER 904 GENESEE STREET ROCHESTER NY 14511 27234 0 REVITALIZE ROCHESTER BUILDING RENOVATION 19TH WARD COMMUNITY ASSOCIATION 216 THURSTON ROAD ROCHESTER NY 14619 166068379 501(C)(3) 6000 0 REVITALIZE ROCHESTER STREETSCAPE IMPROVEMENT MONROE COMMUNITY COLLEGE 1000 EAST HENRIETTA ROAD ROCHESTER NY 14623 160849590 501(C)(3) 15000 0 ENTREPRENEURIAL SUPPORT PROGRAM ROCHESTER FINANCIAL EMPOWERMENT CENTER 1050 UNIVERSITY AVENUE SUITE A ROCHESTER NY 14607 58200 0 FUND FINANCIAL EMPOWERMENT CENTER SEW-N-CITY LLC 478 PORTLAND AVE ROCHESTER NY 14605 29543 0 PJ BANKS GRANT FOR BUILDING IMPROVEMENT THE LITTLE PEOPLE'S LOUNGE LLC 178 CAMPBELL STREET ROCHESTER NY 14611 20000 0 PJ BANKS GRANT FOR BUILDING IMPROVEMENT ROCHESTER COMMISARY LLC 100 CHESTNUT STREET SUITE 1910 ROCHESTER NY 14604 50000 0 PJ BANKS GRANT FOR BUILDING IMPROVEMENT TASTE OF SUPREME 696 NORTH WINTON ROAD ROCHESTER NY 14609 21000 0 PJ BANKS GRANTS FOR A NEW BAKERY AND CAF 14 24 FORM 990, PART VI, SECTION A, LINE 7A ROCHESTER ECONOMIC DEVELOPMENT CORPORATION HAS 10 MEMBERS WHO ELECT THE DIRECTORS TO THEIR POSITIONS. 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.REDCOROC.COM 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.