The Youngstown Edison Business Incubator
The Youngstown Edison Business Incubator is a public charity based in Youngstown, Ohio. It supports entrepreneurs and businesses through incubation, mentorship, business development, access to capital, and technology commercialization services. The organization’s website describes a focus on digital businesses, women’s and minority entrepreneurship, and advanced manufacturing technologies.
The Youngstown Edison Business Incubator at a glance
In short: The Youngstown Edison Business Incubator gave $453K across 21 grants in 2024 (avg $22K), mostly in Ohio. 70% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $453,300
- -15.7% vs 2023
- Grants made (2024)
- 21
- +162.5% vs 2023
- Average grant
- $21,586
- -67.9% vs 2023
- Median grant
- $11,850
- Total assets
- $16,302,782
- +20.0% vs 2023
- New grantees (estimate)
- 70% first-time grantees (14 of 20, 2024; small sample)
- Primary geography
- Ohio (87% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Youngstown Edison Business Incubator
- Contact
Mailing address: 241 Federal Plaza West, Youngstown, OH 44503
Phone: (330) 746-5003
Website: https://ybi.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Youngstown Edison Business Incubator funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Defense & Energy Systems LLC ($181K). Together the top 10 received $366K.
Organizations only. It also paid 2 grants to individuals ($29,360), which are not listed by name.
Grant Size Distribution
67 grants across all recorded years
The most common grant size was under $50K: 45 grants of 67 (67%).
Geographic Focus
Where this funder awards grants
YBI’s website says its entrepreneurship programs reach across the 21 counties of northeast Ohio and that Valley Growth Ventures can invest anywhere in Ohio, with priority given to businesses in the Mahoning Valley. In 2024, 87% of YBI’s grant dollars went to recipients in Ohio, 9% to Pennsylvania, 2% to Kentucky, and 1% each to Illinois and Iowa.
Grant Distribution by State
Share of 2024 grant dollars across all 21 itemized grants.
Cities
Is The Youngstown Edison Business Incubator open to new grantees?
70%
first-time grantees, 2024
In 2024, 14 of 20 grantees (70%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $11K; repeat grants $51K. How we count
Medians: $10K first-time, $22K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $401K (2022) to $927K (2020). In 2024 it made 21 grants totaling $453K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Defense & Energy Systems LLC Poland, OH | Grant Subrecipient | $181,335 |
| Brite Energy Innovators Warren, OH | Grant Subrecipient | $64,600 |
| Paramount Pursuits Ambridge, PA | Grant Subrecipient | $34,983 |
| 2 grants to individuals Recipients not named | — | $29,360 |
| Alloy Precision Technologies Inc Mentor, OH | Grant Award Winner | $12,500 |
| Kiraly Tool and Die Inc Youngstown, OH | Grant Award Winner | $12,500 |
| Magnetic Analysis Corporation Youngstown, OH | Grant Award Winner | $12,500 |
| Maradyne Corporation Cleveland, OH | Grant Award Winner | $12,500 |
| Waterlox Coatings Corporation Cleveland, OH | Grant Award Winner | $12,500 |
| Xaloy Youngstown, OH | Grant Award Winner | $12,500 |
Ready to take the next step with The Youngstown Edison Business Incubator?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $16,302,782 | $7,546,159 | $4,919,001 | $453,300 | 21 |
| 2023 | $13,587,099 | $4,194,472 | $4,319,596 | $537,981 | 8 |
| 2022 | $14,366,290 | $4,125,884 | $4,483,457 | $401,348 | 6 |
| 2021 | $13,879,645 | $3,372,066 | $3,970,894 | $846,347 | 17 |
| 2020 | $14,470,170 | $3,234,347 | $3,819,119 | $926,825 | 15 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
On its website, YBI states its mission is to ignite sustainable economic growth through innovation, entrepreneurship, hands-on partnerships, and commitment to the community. Its 2024 filing describes a mission of cultivating and accelerating technology-based businesses through entrepreneurial services and resources.
YBI’s website describes support for early-stage high-tech startups as well as non-tech and small-business models, including for-profit and nonprofit organizations. Services include individualized mentorship, business development classes, pitch and business-plan development, networking, workspace, and connections to capital. The website also describes work with Ohio manufacturers on additive manufacturing.
The 2024 grants included support for a range of recipients. Brite Energy Innovators describes its own mission as accelerating the advanced energy economy. Community Improvement Corporation describes its mission as industrial development in Clinton County, Ohio. Matthews International Corporation describes its mission as providing supplemental unemployment benefits to eligible plan participants who have lost employment under specified circumstances.
Grantmaking
In 2024, YBI reported 21 grants totaling $453,300. Grant amounts ranged from $5,500 to $181,335, with a median of $11,850. The filing identifies grants as including both “grant subrecipient” and “grant award winner” purposes.
The largest reported grants included $181,335 to Defense & Energy Systems LLC in Poland, Ohio, and $64,600 to Brite Energy Innovators in Warren, Ohio. Paramount Pursuits in Ambridge, Pennsylvania, received $34,983. Other listed recipients included individual recipients in Ohio, which received $17,510 and $11,850, and several Ohio businesses that received $12,500 each: An individual recipient, Kiraly Tool and Die, Magnetic Analysis Corporation, Maradyne Corporation, Waterlox Coatings Corporation, and Xaloy. MAGNET in Cleveland received $10,000.
YBI’s website invites early-stage businesses to apply to its business incubator program. Applicants complete an online application and receive a response within 5–7 business days; those deemed a fit are invited to an initial meeting. The website says applications are encouraged as early as the idea stage and describes support for both high-tech startups and non-tech or small-business models. It does not state that this process is an application for the grants reported in the filing.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists John Reed as chairperson; Evan Morrison as vice chairperson; Chris Mediate as treasurer; and Stuart A Strasfeld as secretary. It also lists Sam Huston as an executive committee member and Jeff Barber, Joe Chahine, Elle Clementi, Michelle Crawford, and James Dascenzo as members.
The Youngstown Edison Business Incubator is led by Barb Ewing, CEO on every filing since 2020; 3 of 27 officers listed in 2024 are compensated.
Officers on the 2024 filing
Barb Ewing
CEO
On filings since 2020
40 hrs/week
$127K (2020) → $159K (2024)
John Reed
Chairperson
Member → Executive Committee Member, 2021
Executive Committee Member → Chairperson, 2023
On filings since 2020
1 hr/week
No compensation reported
Stephanie Gaffney
Vp-Adv.manufacturing Program
Dir.-Adv.manufacturing Programs → Dir.-Adv.manufacturing Program, 2021
Dir.-Adv.manufacturing Program → Vp-Adv.manufacturing Program, 2023
On filings since 2020
40 hrs/week
$108K (2020) → $128K (2024)
Colleen Kelly
Senior Vice President
On filings since 2023
40 hrs/week
$110K (2023) → $105K (2024)
Bob Wollet
Member
On filings since 2020
1 hr/week
No compensation reported
Bonnie Deutsch Burdman
Member
On filings since 2020
1 hr/week
No compensation reported
Brian Jackson
Member
On filings since 2020
1 hr/week
No compensation reported
Brien Smith
Member
On filings since 2020
1 hr/week
No compensation reported
Evan Morrison
Vice Chairperson
On filings since 2020
1 hr/week
No compensation reported
James Dascenzo
Member
Chairperson → Treasurer, 2023
Treasurer → Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Jeff Barber
Member
On filings since 2020
1 hr/week
No compensation reported
Joe Chahine
Member
On filings since 2020
1 hr/week
No compensation reported
Michael Garvey
Member
Member → Executive Committee Member, 2021
Executive Committee Member → Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Paul Olivier
Member
On filings since 2020
1 hr/week
No compensation reported
Stuart A. Strasfeld
Secretary
On filings since 2020
1 hr/week
No compensation reported
Hasheen Wilson
Member
On filings since 2021
1 hr/week
No compensation reported
Kelly Wilkinson
Member
On filings since 2021
1 hr/week
No compensation reported
Michelle Crawford
Member
On filings since 2021
1 hr/week
No compensation reported
Sam Huston
Executive Committee Member
Member → Executive Committee Member, 2024
On filings since 2021
1 hr/week
No compensation reported
Lena Esmail
Member
On filings since 2022
1 hr/week
No compensation reported
Chris Mediate
Treasurer
Member → Treasurer, 2024
On filings since 2023
1 hr/week
No compensation reported
Stephanie Gilchrist
Member
On filings since 2023
1 hr/week
No compensation reported
Doug Ross
Member
New on the 2024 filing
1 hr/week
No compensation reported
Elle Clementi
Member
New on the 2024 filing
1 hr/week
No compensation reported
John McNally
Member
New on the 2024 filing
1 hr/week
No compensation reported
Paul Horning
Member
New on the 2024 filing
1 hr/week
No compensation reported
Will Rauber
Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (5)
- Former: Elle Hendricks (2023) — Member
- Former: William Shivers (2020–2021) — Treasurer
- Former: Anthony Seminaro (2020) — Member
- Former: Ken Frank (2020) — Member
- Former: Sharon Woodberry (2020) — Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $159K, to Barb Ewing (CEO). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Youngstown Edison Business Incubator
How much does The Youngstown Edison Business Incubator give each year?
The Youngstown Edison Business Incubator gave $453K across 21 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $538K across 8 grants.
What is The Youngstown Edison Business Incubator's typical grant size?
The Youngstown Edison Business Incubator's median grant in 2024 was $11,850, and its average grant was $21,586, across 21 grants on its 2024 IRS Form 990. Organizations receiving their first grant from The Youngstown Edison Business Incubator that year got $11K on average.
Where does The Youngstown Edison Business Incubator give grants?
The Youngstown Edison Business Incubator gives mostly in Ohio: 87% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Pennsylvania (9%). The most frequent recipient cities were Youngstown, OH (4 grants), Cleveland, OH (4 grants) and Poland, OH (2 grants).
Does The Youngstown Edison Business Incubator give general operating support?
Not in 2024: none of the 21 grants with a stated purpose on The Youngstown Edison Business Incubator's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Grant Subrecipient" (12 grants) and "Grant Award Winner" (9 grants).
Who are The Youngstown Edison Business Incubator's largest grantees?
The Youngstown Edison Business Incubator's largest 2024 grantees include Defense & Energy Systems LLC ($181,335), Brite Energy Innovators ($64,600) and Paramount Pursuits ($34,983), according to its 2024 IRS Form 990. It also paid 2 grants to individuals ($29,360), which are not listed by name. Together they received 62% of its itemized 2024 grant dollars.
How large is The Youngstown Edison Business Incubator?
The Youngstown Edison Business Incubator reported $16.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $7.5M.
What does The Youngstown Edison Business Incubator fund?
On its website, YBI states its mission is to ignite sustainable economic growth through innovation, entrepreneurship, hands-on partnerships, and commitment to the community. See mission & focus areas ↑
How do I apply for a grant from The Youngstown Edison Business Incubator?
The Youngstown Edison Business Incubator has no public application process in the sources Grantable reviewed. Check ybi.org for current guidelines, or contact the foundation directly before submitting a request.
What is The Youngstown Edison Business Incubator's EIN?
The Youngstown Edison Business Incubator's EIN (Employer Identification Number) is 34-1751707. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Youngstown Edison Business Incubator funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
- Leveling-Up Award $1,000 · Due October 25, 2026
- Arnold F. Keller, Jr. Grant for New Initiatives/Program Expansion $25,000 · Due October 27, 2026
- Wausau Marathon County Impact Grants (Community Foundation of North Central Wisconsin) $1,000 to $100,000 depending on the scope of the project · Due October 27, 2026
Explore Open Grants
Browse active grant opportunities in The Youngstown Edison Business Incubator's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Youngstown Edison Business Incubator funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/the-youngstown-edison-business-incubator-morg_98ff1c9b0bd64025bba6ce5b82b6b784
BibTeX
@misc{grantable_341751707_2026,
author = {{Grantable}},
title = {{The Youngstown Edison Business Incubator funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-youngstown-edison-business-incubator-morg_98ff1c9b0bd64025bba6ce5b82b6b784},
note = {Accessed 2026-10-23. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Youngstown Edison Business Incubator's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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