The Youngstown Edison Business Incubator logo

The Youngstown Edison Business Incubator

YOUNGSTOWN, OH EIN: 34-1751707 Website

BUSINESS DEVELOPMENT: TO CULTIVATE, ACCELERATE AND PRMOTE THE FORMATION, GROWTH, COMMERCIALIZATION AND INNOVATION OF TECHNOLOGY-BASED BUSINESSES BY PROVIDING THE COMPREHENSIVE, HIGH QUALITY ENTREPRENEURIAL SERVICES AND RESORUCES IN A ROBUST ENVIRONMENT THAT PROMOTES COMPANY SUCCESS, ATTRACTION AND RETENTION TO CULTIVATE, ACCELERATE AND PROMOTE THE FORMATION, GROWTH, COMMERCIALIZATION, AND INNOVATION OF TECHNOLOGY-BASED BUSINESSES BY PROVIDING COMPREHENSIVE, HIGH QUALITY ENTREPRENEURIAL SERVICES AND RESOURCES IN A ROBUST ENVIRONMENT THAT PROMOTES COMPANY SUCCESS, ATTRACTION AND RETENTION.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.3M

+20.0% YoY

Annual Giving

$453K

-15.7% YoY

Grant Count

21

+162.5% YoY

Avg Grant Size

$22K

-67.9% YoY

About The Youngstown Edison Business Incubator

Based on IRS filings

The Youngstown Edison Business Incubator is a nonprofit organization focused on Community Improvement & Capacity Building, based in YOUNGSTOWN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.3M in total assets. In 2024, it awarded 21 grants totaling $453K.

Ready to take the next step with The Youngstown Edison Business Incubator?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AkronAmbridgeAmsterdamAtlantaBeavercreekBoardmanCedar FallsChandlerClevelandColumbianaDoverDysartGlendale HeightsHoustonKentLexingtonMentorMorris PlainsNilesPittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$16,302,782$13,587,099$14,366,290
Revenue$7,546,159$4,194,472$4,125,884
Expenses$4,919,001$4,319,596$4,483,457
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$232K$463K$695K$927K15 grants202017 grants20216 grants20228 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DEFENSE & ENERGY SYSTEMS…$181KBRITE ENERGY INNOVATORS$65KPARAMOUNT PURSUITS$35KDINESOL PLASTICS$18KALLOY PRECISION TECHNOLO…$13KKIRALY TOOL AND DIE INC$13KMAGNETIC ANALYSIS CORPOR…$13KMARADYNE CORPORATION$13KWATERLOX COATINGS CORPOR…$13KXALOY$13K

Grant Size Distribution

67 grants across all recorded years

45<$50K15$50–100K6$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Defense & Energy Systems Llc ($181,335), Brite Energy Innovators ($64,600), Paramount Pursuits ($34,983).

RecipientPurposeAmount
ALLOY PRECISION TECHNOLOGIES INC MENTOR, OHGRANT AWARD WINNER$12,500
BRITE ENERGY INNOVATORS WARREN, OHGRANT SUBRECIPIENT$64,600
COMMUNITY IMPROVEMENT CORPORATION ST CLAIRSVILLE, OHGRANT SUBRECIPIENT$6,522
DEFENSE & ENERGY SYSTEMS LLC POLAND, OHGRANT SUBRECIPIENT$181,335
DINESOL PLASTICS NILES, OHGRANT AWARD WINNER$17,510
GRALE TECHNOLOGIES YOUNGSTOWN, OHGRANT AWARD WINNER$11,850
HA INTERNATIONAL LLC WESTMONT, ILGRANT SUBRECIPIENT$5,500
HUMTOWN PRODUCTS COLUMBIANA, OHGRANT SUBRECIPIENT$5,500
HYNES INDUSTRIES YOUNGSTOWN, OHGRANT AWARD WINNER$7,500
INVENTORS NETWORK KY LEXINGTON, KYGRANT SUBRECIPIENT$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BARB EWINGCEO$159KSTEPHANIE GAFFNEYVP-ADV.MANUFACTURING PRO$128KCOLLEEN KELLYSENIOR VP$105K

From 2024 filing

NameTitleHoursCompensation
JOHN REEDCHAIRPERSON1
EVAN MORRISONVICE CHAIRPERSON1
CHRIS MEDIATETREASURER1
STUART A STRASFELDSECRETARY1
SAM HUSTONEXECUTIVE COMMITTEE MEMBER1
JEFF BARBERMEMBER1
JOE CHAHINEMEMBER1
ELLE CLEMENTIMEMBER1
MICHELLE CRAWFORDMEMBER1
JAMES DASCENZOMEMBER1
BONNIE DEUTSCH BURDMANMEMBER1
LENA ESMAILMEMBER1
MICHAEL GARVEYMEMBER1
STEPHANIE GILCHRISTMEMBER1
PAUL HORNINGMEMBER1
BRIAN JACKSONMEMBER1
JOHN MCNALLYMEMBER1
PAUL OLIVIERMEMBER1
WILL RAUBERMEMBER1
DOUG ROSSMEMBER1
BRIEN SMITHMEMBER1
KELLY WILKINSONMEMBER1
HASHEEN WILSONMEMBER1
BOB WOLLETMEMBER1
BARB EWINGCEO40$158,507
STEPHANIE GAFFNEYVP-ADV.MANUFACTURING PRO40$128,308
COLLEEN KELLYSENIOR VP40$105,385

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Youngstown Edison Business Incubator?

The Youngstown Edison Business Incubator is a nonprofit organization focused on Community Improvement & Capacity Building, based in YOUNGSTOWN, OH. It holds $16.3M in total assets as of 2024.

How large is The Youngstown Edison Business Incubator?

As of 2024, The Youngstown Edison Business Incubator holds $16.3M in total assets with $7.5M in annual revenue. It awarded 21 grants totaling $453K in 2024.

Where does The Youngstown Edison Business Incubator operate?

The Youngstown Edison Business Incubator has awarded grants in Arizona, Delaware, Georgia, Iowa, Illinois, Kentucky, New Jersey, Ohio, Pennsylvania, Texas.

What size grants does The Youngstown Edison Business Incubator award?

In 2024, The Youngstown Edison Business Incubator awarded 21 grants totaling $453K — an average of about $22K per grant, based on its IRS Form 990 filings.

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.

Explore Open Grants

Browse active grant opportunities in The Youngstown Edison Business Incubator's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

What could you do with The Youngstown Edison Business Incubator on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching The Youngstown Edison Business Incubator to a real strategy.

Plan your approach