Monroe County Industrial Development Corporation
Public records raise at least one point you should look into before giving.
What it says it does
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.
- Income
- $4.8 million
- Spending
- $1.3 million
- Employees
- 7
- Volunteers
- 13
- Highest pay
- $99,609, cdc manager
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- PROVIDED FINANCIAL ASSISTANCE TO JOB CREATING BUSINESSES THAT DEMONSTRATED A NEED FOR FINANCING. DURING 2025, 79 BUSINESSES WERE ASSISTED.
- THIS MICROLOAN PROGRAM PROVIDES LOANS FROM $10,000 TO $50,000 TO HELP SMALL BUSINESSES WITH MOST BUSINESS RELATED COSTS. THE MICRO ADVANTAGE LOAN PROGRAM PROVIDES FUNDS TO BUSINESSES THAT MAY NOT OTHERWISE BE A CANDIDATE FOR TRADITIONAL BANK LOANS. THIS LOAN PROGRAM GIVES YOU THE OPPORTUNITY TO SECURE FUNDING WHILE LEARNING THE LOAN PROCESS ANDBUILDING YOUR CREDIT IN THE PROCESS.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1985.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.