The Youngstown Edison Business Incubator
The Youngstown Edison Business Incubator (YBI) is a public charity based in Youngstown, Ohio. It supports business formation and growth through entrepreneurship services, technology commercialization, and resources for startups and manufacturers; its 2024 filing also reports grants to businesses and other organizations.
Key facts about The Youngstown Edison Business Incubator
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.
- EIN
- 34-1751707
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $453,300
- Grants made (2024)
- 21
- Average grant
- $21,586
- Median grant
- $11,850
- New grantees (estimate)
- 70% first-time grantees (14 of 20, 2024)
- Total assets
- $16,302,782
- Primary geography
- Ohio (87% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 · 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
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. 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.
Mission & Focus Areas
In its 2024 filing, YBI states that its mission is to cultivate and accelerate the formation, growth, commercialization, and innovation of technology-based businesses by providing entrepreneurial services and resources. The filing describes its program purpose as accelerating business formation and job creation and assisting the revitalization and growth of the Mahoning Valley.
YBI’s website also states a mission to support diverse ideas, technologies, and leaders. Its services include startup mentorship and business development, technology commercialization, and assistance to Ohio manufacturers exploring additive manufacturing. The website says its programs reach across northeast Ohio’s 21 counties.
Grantmaking
How to Apply
.
Ready to take the next step with The Youngstown Edison Business Incubator?
Geographic Focus
Where this funder awards grants
YBI is based in Youngstown, Ohio. Its website says its entrepreneurship programs reach across 21 counties in northeast Ohio. For its 2024 grant dollars, the filing reports recipients in Ohio (87%), Pennsylvania (9%), Kentucky (2%), Illinois (1%), and Iowa (1%).
YBI’s website says Valley Growth Ventures can invest anywhere in Ohio, with priority given to businesses in the Mahoning Valley. This is a description of that investment fund, not a statement of the geographic limits for all YBI grants.
Grant Distribution by State
Share of 2024 grant dollars across all 21 itemized grants.
Cities
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.
Grant Insights
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%).
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants reported |
|---|---|---|---|---|
| 2024 | $16,302,782 | $7,546,159 | $4,919,001 | $453,300 |
| 2023 | $13,587,099 | $4,194,472 | $4,319,596 | $537,981 |
| 2022 | $14,366,290 | $4,125,884 | $4,483,457 | $401,348 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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; Stuart A Strasfeld as secretary; and Sam Huston as an executive committee member. It also lists 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.
Contact
Mailing address: 241 Federal Plaza West, Youngstown, OH 44503
Phone: (330) 746-5003
Website: https://ybi.org
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?
In its 2024 filing, YBI states that its mission is to cultivate and accelerate the formation, growth, commercialization, and innovation of technology-based businesses by providing entrepreneurial services and resources. 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 September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching The Youngstown Edison Business Incubator by hand.
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