Mission
Rochester Downtown Development Corporation drives economic vitality in Downtown Rochester through innovation and collaboration.
Public Charity
Rochester Downtown Development Corporation
Based in Rochester, NY, Rochester Downtown Development Corporation operates as a Public Charity. The organization reported $2.7M in revenue, $1.6M in expenses, $3.6M in total assets for fiscal year 2024. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $1.5M.
EIN: 161081958
Rochester, NY
Economic Development
NTEE: S30
Latest filing: 2024
Total Revenue$2.7M
Total Expenses$1.6M
Total Assets$3.6M
Grant Records11
Funding Total$1.5M
Filing Years2020–2024
Where $100 goes at Rochester Downtown Development Corporation
How Rochester Downtown Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$82
Programs
the work itself
$18
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $82 for programs
$40
Telling the Story of Downtown:- Crafted consistent reporting, data and market analysis, marketing, and promotion.- Maintained the @downtownrochesterny social media channels, seeing a 14% increase in followers in…
$39
In 2024 the Commissary served approximately 75 member businesses with a full-time staff of three and an independent Board of Managers.This program is primarily supported by grants and…
$3
RDDC hosted the revived Economic Growth Series luncheons, highlighting downtown's resurgence and dynamic market, welcoming hundreds of attendees
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
FURTHERANCE OF DOWNTOWN ROCHESTER, NY DEVELOPMENT
$228,741
PLACEMAKING
$100,000
Payment of expenses for the Empire State Development grant that are incurred by RDDC
$84,851
CHARITABLE SUPPORT. ANY RESTRICTIONS HAVE BEEN COMMUNICATED TO THE GRANTEE.
$50,000
ECONOMIC DEVELOPMENT
$6,000
Showing up to 5 of 11 total records — full history available with membership.
Officers & Directors
Board Member
Alec Riedman
Board Member
Alex Castro
Vice Chair
Andrew Gallina
Board Member
Andy Raus
Board Member
Ben Keller
Board Member
Bob Healy
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.7M | $1.6M | $3.6M |
| 2023 | $1.9M | $1.7M | $2.6M |
| 2022 | $1.4M | $1.4M | $2.6M |
| 2021 | $1.0M | $604K | $2.2M |
| 2020 | $1.0M | $334K | $2.3M |
Between 2020 and 2024, reported annual revenue grew from $1.0M to $2.7M (+163%), with total assets most recently reported at $3.6M.
Interactive year-over-year charts and full filing details available with membership.