Roc2025 Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 834392577 ✦ Rochester, NY ✦ Designated as a 501(c)(6)

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Overview

What is Roc2025 Inc?

Roc2025 Inc, based in Rochester, New York, is a nonprofit organization with a mission to boost economic growth in the region. Established in 2019, its primary objective is to foster job creation, improve regional wealth, increase the Gross Regional Product, and enhance opportunities. By making strategic capacity-building investments, Roc2025 aims to strengthen the economic development infrastructure, attract new businesses, and retain top talent in the region. The organization's efforts have led to significant improvements in key economic indicators, such as job growth, labor force vitality, and private business establishments, as per the provided data.


Official website here: www.roc2025.org

Is Roc2025 Inc legitimate?

Roc2025 Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Roc2025 Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.roc2025.org

What is the mission statement of Roc2025 Inc?

Roc2025 Inc, with its mission, aims to stimulate economic growth in an unspecified region. Their objective is to generate new job opportunities, enhance regional wealth, boost the regional GDP, and improve economic prospects. To achieve this, Roc2025 invests in strengthening the local economic development infrastructure. This includes supporting existing businesses, attracting new firms, and drawing top talent to the area. Since its establishment in 2019, Roc2025's initiatives have led to improvements in key economic indicators such as job growth, labor force vitality, GDP, unemployment rate, and the establishment of new private businesses in the region.


Official website here: www.roc2025.org

Who is the CEO of Roc2025 Inc?

Joseph Stefko is the Chairman of Roc2025 Inc. The CEO's salary of Roc2025 Inc is $141,173 and their total compensation is $151,239.


Official website here: www.roc2025.org

What is the revenue of Roc2025 Inc?

Roc2025 Inc's revenue in 2022 was $1,803,950.


Official website here: www.roc2025.org

Who are the executives of Roc2025 Inc and what are their salaries?

There 29 volunteers at Roc2025 Inc.


Here are 30 key members and their salaries (Roc2025 Inc's CEO's salary is $141,173 and their total compensation is $151,239):


Robert S Sands (Chairman)
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  • Other: $0
Daniel Burns (Board Member)
  • Compensation: $0
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  • Other: $0
Virginia Clark (Board Member)
  • Compensation: $0
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  • Other: $0
Martin Birmingham (Board Member)
  • Compensation: $0
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  • Other: $0
Jim Bourdeau (Board Member)
  • Compensation: $0
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  • Other: $0
Vincent Esposito (Board Member)
  • Compensation: $0
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  • Other: $0
William Goodrich (Board Member)
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  • Other: $0
James Gould (Board Member)
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  • Other: $0
William Gunther (Board Member)
  • Compensation: $0
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Christopher Hill (Board Member)
  • Compensation: $0
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  • Other: $0
Rufus Judson (Board Member)
  • Compensation: $0
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  • Other: $0
Sarah Mangelsdorf (Board Member)
  • Compensation: $0
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  • Other: $0
Faheem Masood (Board Member)
  • Compensation: $0
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  • Other: $0
Martin Mucci (Board Member)
  • Compensation: $0
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David Munson (Board Member)
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  • Other: $0
Brian Pincelli (Board Member)
  • Compensation: $0
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  • Other: $0
David Riedman (Board Member)
  • Compensation: $0
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  • Other: $0
Andrew Gallina (Board Member)
  • Compensation: $0
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  • Other: $0
Erin Tolefree (Board Member)
  • Compensation: $0
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  • Other: $0
Hon Joseph Morelle (Board Member)
  • Compensation: $0
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  • Other: $0
Joseph Wesley (Board Member)
  • Compensation: $0
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  • Other: $0
Hugh Thomas (Board Member)
  • Compensation: $0
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  • Other: $0
Steven Hyde (Board Member)
  • Compensation: $0
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  • Other: $0
Ken Marvald (Board Member)
  • Compensation: $0
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  • Other: $0
James Reed (Board Member)
  • Compensation: $0
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  • Other: $0
Hon Malik Evans (Board Member)
  • Compensation: $0
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  • Other: $0
Hon Adam Bello (Board Member)
  • Compensation: $0
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  • Other: $0
Todd Liebert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Wilmot (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Stefko (Ceo)
  • Compensation: $141,173
  • Related: $0
  • Other: $10,066


Official website here: www.roc2025.org

Where can I find the form 990 for Roc2025 Inc?

Roc2025 Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.roc2025.org

Learn more at the official website: www.roc2025.org

Mission Statement of Roc2025 Inc

Roc2025 Inc, a organization established to boost economic growth in the Greater Rochester, New York region, is dedicated to a mission that aims to create new job opportunities, enhance regional wealth, raise the region's GDP, and increase access to opportunities. The company's objective is to invest in a robust economic development ecosystem, one that supports the success of existing businesses, attracts new enterprises, and entices top talent to reside in the area. By making coordinated capacity-building investments, Roc2025 Inc works to amplify economic development capabilities, accelerate job creation, and improve the region's overall vitality.

In essence, Roc2025 Inc serves as a catalyst for economic growth in its region. It works with various stakeholders to strengthen the regional economy by investing in initiatives that foster job creation, attract talent, and enhance the overall economic health of the area. Through its efforts, the organization contributes to the improvement of key economic indicators, such as job growth, labor force vitality, Gross Regional Product, and the unemployment rate, among others. By doing so, Roc2025 Inc plays a critical role in driving the economic development of the Greater Rochester area.

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Impact




October, 2024

Roc2025 Inc plays a crucial role in driving economic growth in the Greater Rochester, New York region. By coordinating capacity-building investments, the organization enhances economic development efforts that lead to job creation and increased economic vitality. Since its inception in 2019, Roc2025 has positively influenced the region's economic benchmarks, contributing to significant improvements in job growth, labor force vitality, and gross regional product.

The organization's mission focuses on creating new jobs, raising regional GDP, and enhancing opportunities across the community. This commitment to fostering a robust economic development ecosystem not only supports existing businesses but also attracts new firms and talent to the area, ultimately aiming to make Rochester an appealing place for skilled individuals to live and work. The impact of Roc2025 is evident through its efforts to create a thriving local economy that benefits the entire community.




This information is meant to be a general summary of Roc2025 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,803,950 (2022)
Expenses
$1,696,423 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,803,950

Assets and Liabilities:

  • Total Assets: $1,133,230
  • Total Liabilities: $763,385
  • Net Assets: $369,845

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Organization Details

Founding Year

2019

Principal Officer

Joseph Stefko

Main Address

100 CHESTNUT STREET 1910, ROCHESTER, NY, 14604

NTEE Category

Code: S41 - Community improvement

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