Roc2025 INC

Not tax-deductible

Rochester, NY501(c)(6)Since 2019Community DevelopmentEIN 83-4392577

The company's mission is to create new jobs, increase regional wealth, raise regional gdp and enhance opportunity; to invest in a world-class economic development ecosystem where incumbent businesses are thriving, new firms are locating, and the world's best talent is choosing to live.

$182K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $146K a year · 8% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$182K
to officers and key staff · 8% of spending
Top officer’s pay higher than 60% of similar orgs
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $200K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$540K
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 24 voting members
Looks good: 24 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.4M
+13% vs prior year
Spent
$2.2M
Net assets
$885K
By yearFY2020–FY2025
Revenue
$2.4M
FY2025▲ +13%
Revenue by fiscal year
FY2020$925K
FY2021$1.4M
FY2022$1.8M
FY2023$2.5M
FY2024$2.1M
FY2025$2.4M
Expenses
$2.2M
FY2025▲ +24%
Expenses by fiscal year
FY2020$672K
FY2021$1.4M
FY2022$1.7M
FY2023$2.5M
FY2024$1.8M
FY2025$2.2M
Net assets
$885K
FY2025▲ +32%
Net assets by fiscal year
FY2020$265K
FY2021$262K
FY2022$370K
FY2023$312K
FY2024$669K
FY2025$885K

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

28 people listed on the 990; $182K paid to officers and key staff.

Part VII, Section A · reportable compensation
$182,428Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Joseph Stefko’s $182K as CEO is at the 60th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Joseph Stefko$182,428$155,577$142,053$141,173$96,739$95,168

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Accelerates economic growth in the greater Rochester, New York region.

Provided by the organization

This section is blank until Roc2025 INC claims this page.

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1 program service, described in the organization's own filed words · FY2025.
01

One roc assists its members and the broader region by making coordinated capacity-building investments that expand economic development horsepower, accelerate job creation, and increase economic vitality.

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$200K
Grants paid · 1 grant · $229K · 2025–2025

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.4M
Ln 12
Gifts and grantsLn 1h$2.4M
Investment incomeLn 3$39K
Money outPt IX
$2.2M
Ln 25
Owns and owesPt X
$885K
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$1.4M
LiabilitiesLn 26$540K
PeoplePt VI, VII
28
listed · VII A
PaidVII A1
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.4M
Noncash giftsLn 1g$65K
Investment incomeLn 3$39K
Total revenueLn 12$2.4M
Assets in detailPt X, end of year
CashLn 1$1.4M
Cash and savings togetherLn 1–2$1.4M
Land, buildings, equipmentLn 10c$11K
Other assetsLn 15$12K
Total assetsLn 16$1.4M
LiabilitiesLn 26$540K
Net assetsLn 32$885K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.1M$1.4M
Land, buildings, equipmentLn 10c$14K$11K
Total assetsLn 16$1.2M$1.4M
LiabilitiesLn 26$540K$540K
Net assetsLn 32$669K$885K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$229K
Other fees for servicesLn 11g$96K
Advertising and promotionLn 12$15K
Conferences, conventions and meetingsLn 19$36K
Depreciation, depletion and amortizationLn 22$3K
Other expenses (24a–d)Ln 24$1.8M
Total functional expensesLn 25$2.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.4M$2.2M$216K$885K 990 PDF
FY2024 $2.1M$1.8M$357K$669K 990 PDF
FY2023 $2.5M$2.5M−$57K$312K 990 PDF
FY2022 $1.8M$1.7M$108K$370K 990 PDF
FY2021 $1.4M$1.4M−$2K$262K 990 PDF
FY2020 $925K$672K$253K$265K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $2,397,227 across 6 lines filed
VIII-1b Membership dues$1,442,719
VIII-1f All other contributions, gifts and grants$915,523
VIII-1g Noncash contributions (included above)$65,451
VIII-1h Total contributions, gifts and grants$2,358,242
VIII-3 Investment incomeRelated to mission $38,985$38,985
VIII-12 Total revenueRelated to mission $38,985 · Unrelated business $0 · Excluded from tax $0$2,397,227
Part IX · Statement of functional expenses $2,181,414 across 6 lines filed
IX-1 Grants to domestic organizations$228,741
IX-11g Other fees for services$95,646
IX-12 Advertising and promotion$15,054
IX-19 Conferences, conventions and meetings$35,730
IX-22 Depreciation, depletion and amortization$3,350
IX-24 Other expenses (24a–d)$1,802,893
IX-25 Total functional expenses$2,181,414
Part X · Balance sheet $1,424,561 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $1,067,296$1,352,159
X-4 Accounts receivableStart of year $122,875$50,058
X-10c Land, buildings and equipment, netStart of year $14,177$10,827
X-15 Other assetsStart of year $5,067$11,517
X-16 Total assetsStart of year $1,209,415$1,424,561
X-17 Accounts payable and accrued expensesStart of year $100,253$114,388
X-19 Deferred revenueStart of year $440,221$425,419
X-26 Total liabilitiesStart of year $540,474$539,807
X-27 Net assets without donor restrictionsStart of year $668,941$884,754
X-32 Total net assets or fund balancesStart of year $668,941$884,754
X-33 Total liabilities and net assetsStart of year $1,209,415$1,424,561
Part XI · Reconciliation of net assets $884,754 net assets at year end
XI-1 Total revenue$2,397,227
XI-2 Total expenses$2,181,414
XI-3 Revenue less expenses$215,813
XI-4 Net assets at start of year$668,941
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$884,754

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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