Nonprofit · EIN 34-1751707
THE YOUNGSTOWN EDISON INCUBATOR CORPORATION
Tax-exempt · YOUNGSTOWN, OH 44503
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,546,159 | $4,919,001 | $2,627,158 | $16,302,782 | $1,956,418 | $14,346,364 |
| December 31, 2023 | 990 | $4,194,472 | $4,319,596 | -$125,124 | $13,587,099 | $1,817,893 | $11,769,206 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $6,683,962
- of which government grants
- $5,432,872
- Membership dues
- $520,788
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $616,045
- Net income from fundraising events
- $227,890
- Other revenue
- $862,197
Expenses
- Grants and similar amounts paid
- $613,545
- Compensation of officers, directors and key employees
- $167,967
- Other salaries and wages
- $1,470,691
- Salaries, compensation and benefits (total)
- $1,940,801
- Professional fundraising fees
- $0
- Legal fees
- $8,390
- Accounting fees
- $90,290
- Occupancy
- $445,109
- Depreciation
- $704,131
- Program services (functional)
- $4,119,113
- Management and general (functional)
- $561,339
- Fundraising (functional)
- $238,549
Balance sheet and other
- Total assets, start of year
- $13,587,099
- Total assets, end of year
- $16,302,782
- Total liabilities, end of year
- $1,956,418
- Net assets, end of year
- $14,346,364
- Land, buildings and equipment
- $13,663,523
- Net assets without donor restrictions
- $13,535,775
- Net assets with donor restrictions
- $810,589
- Gross receipts
- $7,685,898
- Employees
- 40
- Volunteers
- 0
- Year formed
- 1988
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BARB EWING | CEO Officer | 40 | $158,507 | $9,460 |
| STEPHANIE GAFFNEY | VP-ADV.MANUFACTURING PRO Highest-paid employee | 40 | $128,308 | $9,460 |
| COLLEEN KELLY | SENIOR VP Highest-paid employee | 40 | $105,385 | $9,460 |
| JOHN REED | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| EVAN MORRISON | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS MEDIATE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| STUART A STRASFELD | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SAM HUSTON | EXECUTIVE COMMITTEE MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| JEFF BARBER | MEMBER Trustee or director | 1 | $0 | $0 |
| JOE CHAHINE | MEMBER Trustee or director | 1 | $0 | $0 |
| ELLE CLEMENTI | MEMBER Trustee or director | 1 | $0 | $0 |
| MICHELLE CRAWFORD | MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES DASCENZO | MEMBER Trustee or director | 1 | $0 | $0 |
| BONNIE DEUTSCH BURDMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| LENA ESMAIL | MEMBER Trustee or director | 1 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL GARVEY | MEMBER Trustee or director | 1 | $0 |
| STEPHANIE GILCHRIST | MEMBER Trustee or director | 1 | $0 |
| PAUL HORNING | MEMBER Trustee or director | 1 | $0 |
| BRIAN JACKSON | MEMBER Trustee or director | 1 | $0 |
| JOHN MCNALLY | MEMBER Trustee or director | 1 | $0 |
| PAUL OLIVIER | MEMBER Trustee or director | 1 | $0 |
| WILL RAUBER | MEMBER Trustee or director | 1 | $0 |
| DOUG ROSS | MEMBER Trustee or director | 1 | $0 |
| BRIEN SMITH | MEMBER Trustee or director | 1 | $0 |
| KELLY WILKINSON | MEMBER Trustee or director | 1 | $0 |
| HASHEEN WILSON | MEMBER Trustee or director | 1 | $0 |
| BOB WOLLET | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BARB EWING | CEO Officer | 40 | $146,100 | $6,659 |
| STEPHANIE GAFFNEY | VP-ADV.MANUFACTURING PRO Highest-paid employee | 40 | $118,989 | $0 |
| COLLEEN KELLY | SENIOR VP Highest-paid employee | 40 | $109,974 | $0 |
| JAMES DASCENZO | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| EVAN MORRISON | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| STUART A STRASFELD | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS MEDIATE | MEMBER Trustee or director | 1 | $0 | $0 |
| PAUL OLIVIER | MEMBER Trustee or director | 1 | $0 | $0 |
| BONNIE DEUTSCH BURDMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN JACKSON | MEMBER Trustee or director | 1 | $0 | $0 |
| JOE CHAHINE | MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN REED | CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| STEPHANIE GILCHRIST | MEMBER Trustee or director | 1 | $0 | $0 |
| SAM HUSTON | MEMBER Trustee or director | 1 | $0 | $0 |
| ELLE HENDRICKS | MEMBER Trustee or director | 1 | $0 | $0 |
| BOB WOLLET | MEMBER Trustee or director | 1 | $0 | $0 |
| JEFF BARBER | MEMBER Trustee or director | 1 | $0 | $0 |
| KELLY WILKINSON | MEMBER Trustee or director | 1 | $0 | $0 |
| MICHELLE CRAWFORD | MEMBER Trustee or director | 1 | $0 | $0 |
| LENA ESMAIL | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 241 W FEDERAL ST, YOUNGSTOWN, OH 44503-1207
- In care of
- % GAIL E WRIGHT
- Principal officer (990 for 2024)
- JOHN REED, 241 FEDERAL PLAZA WEST, YOUNGSTOWN, OH 44503
- Signed the 990
- BARB EWING, CEO
- Phone
- (330) 746-5003
- Website
- WWW.YBI.ORG
- Return prepared by
- MALONEY NOVOTNY LLC
Mission
BUSINESS DEVELOPMENT: TO CULTIVATE, ACCELERATE AND PRMOTE THE FORMATION, GROWTH, COMMERCIALIZATION AND INNOVATION OF TECHNOLOGY-BASED BUSINESSES BY PROVIDING THE COMPREHENSIVE, HIGH QUALITY ENTREPRENEURIAL SERVICES AND RESORUCES IN A ROBUST ENVIRONMENT THAT PROMOTES COMPANY SUCCESS, ATTRACTION AND RETENTION TO CULTIVATE, ACCELERATE AND PROMOTE THE FORMATION, GROWTH, COMMERCIALIZATION, AND INNOVATION OF TECHNOLOGY-BASED BUSINESSES BY PROVIDING COMPREHENSIVE, HIGH QUALITY ENTREPRENEURIAL SERVICES AND RESOURCES IN A ROBUST ENVIRONMENT THAT PROMOTES COMPANY SUCCESS, ATTRACTION AND RETENTION.
Program accomplishments
- TO ACCELERATE THE FORMATION OF BUSINESS, CREATION OF JOBS AND ASSIST IN THE REVITALIZATION AND GROWTH OF THE MAHONING VALLEY.Expenses $4,119,113 · grants $613,545 · revenue $634,307
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 34-1751707
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30Z)
- Assets (IRS master file)
- $16,302,782
- Income (IRS master file)
- $7,685,898
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,546,159 | $4,919,001 | $16,302,782 | XML |
| 990 | December 2023 | $4,194,472 | $4,319,596 | $13,587,099 | XML |
| 990 | December 2022 | $4,125,884 | $4,483,457 | $14,366,290 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1751707).
Questions about THE YOUNGSTOWN EDISON INCUBATOR CORPORATION
- What is the EIN of THE YOUNGSTOWN EDISON INCUBATOR CORPORATION?
- The employer identification number (EIN) of THE YOUNGSTOWN EDISON INCUBATOR CORPORATION is 34-1751707.
- Is THE YOUNGSTOWN EDISON INCUBATOR CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to THE YOUNGSTOWN EDISON INCUBATOR CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE YOUNGSTOWN EDISON INCUBATOR CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE YOUNGSTOWN EDISON INCUBATOR CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE YOUNGSTOWN EDISON INCUBATOR CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE YOUNGSTOWN EDISON INCUBATOR CORPORATION?
- The 990 for the year ended December 31, 2024 names JOHN REED.
- Who are the officers and directors of THE YOUNGSTOWN EDISON INCUBATOR CORPORATION?
- The 990 for the year ended December 31, 2024 lists 27 people; 3 received compensation from the organization, the highest $158,507 (BARB EWING, CEO).
- How much revenue does THE YOUNGSTOWN EDISON INCUBATOR CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,546,159, expenses of $4,919,001 and total assets of $16,302,782 at year end.
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All nonprofits in YOUNGSTOWN · Ohio · Community improvement and capacity building