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Monroe County Industrial Development

ROCHESTER, NY EIN: 51-0188852 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.3M

+22.4% YoY

Annual Giving

$126K

-29.7% YoY

Grant Count

12

-25.0% YoY

Avg Grant Size

$10K

-6.3% YoY

About Monroe County Industrial Development

Based on IRS filings

Monroe County Industrial Development is a nonprofit organization, based in ROCHESTER, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.3M in total assets. In 2024, it awarded 12 grants totaling $126K. Net investment income was $309K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

FairportHamlinHiltonHoneoye FallsPittsfordRochesterWebsterWest Henrietta

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$858K$2M$3M$3M20202021202220232024
Metric202420232022
Total Assets$9,332,479$7,624,113$6,771,194
Revenue$3,119,778$2,083,927$361,369
Expenses$1,514,770$1,124,758$957,647
Qualifying Distributions
Net Investment Income$309,293$53,520$-46,080
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$106K$212K$319K$425K40 grants202023 grants202118 grants202216 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNEARTHLY MATERIALS INC$16KCORNING TROPEL$15KELITE TURNING & MACHININ…$15KVILLAGER CONSTRUCTION INC$14KMCQUILLEN MANUFACTURING …$11KJP WHITE TRASH LLC$11KCATPRINTCOM LLC$9KULTRA PRODUCTS$9KFRAMING TECHNOLOGY LEASI…$8KXLI MANUFACTURING LLC$7K

Grant Size Distribution

109 grants across all recorded years

109<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

TONY SCIARABBACDC MANAGER$97K

From 2024 filing

NameTitleHoursCompensation
JEFFREY BARKERTREASURER5
HANIF ABDUL-WAHIDPRESIDENT5
PHILIP SMITHDIRECTOR1
CHRISTOPHER JOHNSTONVICE PRESIDENT5
ZACK PHILLIPSDIRECTOR1
TIMOTHY BROWNDIRECTOR1
RYAN FELTNERDIRECTOR1
BRETT OWENDIRECTOR1
ERIC ROGERSSECRETARY1
BRITTANY BACHMANDIRECTOR- JOINED DURING THE YEAR1
JOE SAYREDIRECTOR- JOINED DURING THE YEAR1
CHRISTOPHER RUSHDIRECTOR- JOINED DURING THE YEAR1
CARLA VASQUEZDIRECTOR- JOINED DURING THE YEAR1
ANA LISSEXECUTIVE DIRECTOR20
TONY SCIARABBACDC MANAGER40$96,724

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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