Rochester, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Rochester Downtown Development Corporation, founded in 1975, is a community nonprofit in the Community Improvement sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 11% surplus.
Rochester Downtown Development Corporation drives economic vitality in Downtown Rochester through innovation and collaboration.
In 2023, The Commissary hired its first full-time President and was fully operational, operating more independently from a day-to-day management and operations perspective. This program is primarily...
In 2023, The Commissary hired its first full-time President and was fully operational, operating more independently from a day-to-day management and operations perspective. This program is primarily supported by grants and contributions.
Telling the Story of Downtown:- Crafted consistent reporting, data and market analysis, marketing, and promotion.- Maintained the @downtownrochesterny social media channels, seeing a 18% increase in...
Telling the Story of Downtown:- Crafted consistent reporting, data and market analysis, marketing, and promotion.- Maintained the @downtownrochesterny social media channels, seeing a 18% increase in followers in 2023, adding roughly 3,300 new followers. - Featured in over three dozen earned media placements and press hits.(Continued on Schedule O) Downtown Activation:- Built partnerships with local event producers and the city of Rochester to bring fun-filled, positive experiences to downtown, through the production of the second annual Downtown Definitely Events series. The 14-event series brought 16,000+ people downtown from June to October 2023.- Launched a promotional partnership to highlight 20 small and local businesses as part of the Downtown Definitely Events program.- Ran second annual seasonal decor grant program to assist businesses with public-facing seasonal decor and enliven exterior storefront spaces. Strategic Convening, Collaborating, and Planning:- Through public private collaboration, such as The Partnership for Downtown Rochester, strategically planned for sustainable programs and services to support the unique needs of downtown. - Conducted extensive outreach and community engagement process to create a community-informed vision for downtown Rochester and the development of a draft district plan for a potential BID to support the achievement of this mission. - Held three property manager and owner's meetings to convene in a collective fashion to discuss current initiatives, receive downtown updates, and share group feedback.- Reinvigorated Member Mixers and hosted three events to gather RDDC members together around key celebratory moments in downtown Rochester.This program is primarily supported by grants and contributions.
RDDC hosted the revived Economic Growth Series luncheons, highlighting downtown's resurgence and dynamic market, raising over $46,000 and welcoming over 800+ attendees.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,890,890 | $1,353,094 | +0.4% |
| Expenses | $1,676,541 | $1,404,228 | +0.2% |
| Net Income | $214,349 | $-51,134 | -5.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| David Beinetti | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Jim Brown | Vice Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Craig Burton | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Alex Castro | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Keith Cleary | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Tim Corcoran | Vice Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Steve Dubnik | Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Patrick Dutton | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Steve Epping | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Josh Farrelman | Vice Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Brian Flanagan | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Joel Frater | Vice Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Kimberly Frisbee | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Andrew Gallina | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Bret Garwood | Vice Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Ken Glazer | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Ken Greene | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Ken Hall | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Brie Harrison | Treasurer | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Bob Healy | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Chris Hill | Past Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Kate Karl | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Lisa Kaseman | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Ben Keller | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Peter Landers | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Roosevelt Mareus | Vice Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Eugenio Marlin | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Ebony Miller-Wesley | Vice Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Gail Morelle | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Nayan Patel | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Kelly Pronti | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Andy Raus | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Jay Rettberg | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Rachel Roberts | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Charles Russell | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Joe Sayre | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Tim Schmid | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Roseann Schmid | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Naomi Silver | Vice Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Pat Tobin | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Victoria Van Voorhis | Vice Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Christine Vargas | Secretary | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Ronald Washington | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Steve Webster | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Dawn Williams-Fuller | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Galin Brooks | President & CEO | 40.00 |
Officer
|
$175,249 | $28,379 | $203,628 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,890,890 | $1,676,541 | $2,609,582 | $214,349 |
| 2022 | $1,353,094 | $1,404,228 | $2,561,119 | $-51,134 |
| 2021 | $1,037,509 | $604,066 | $2,186,283 | $433,443 |
| 2020 | $1,033,201 | $334,172 | $2,322,547 | $699,029 |
| 2019 | $610,003 | $351,018 | $480,598 | $258,985 |
| 2018 | $324,251 | $317,766 | $224,087 | $6,485 |
Compare Rochester Downtown Development Corporation with other nonprofits in New York and across the country.