ECONOMIC GROWTH FOUNDATION: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ECONOMIC GROWTH FOUNDATION (EIN 34-1916518)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-14
- IRS object ID
- 202343189349314669
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-14T15:52:18-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 South Wacker Dr Suite 3300 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606063392 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 341916518 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Economic Growth Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ECON | BusinessNameControlTxt |
| Phone | 2165922210 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1240 Huron Road E 300 | AddressLine1Txt |
| City | Cleveland | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44115 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Yvette M Ittu | PersonNm |
| Person Title | Exec VP - Finance & Operations | PersonTitleTxt |
| Phone | 2166213300 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Yvette | PersonFirstNm |
| Person Last | Ittu | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rebekuh Eley | PreparerPersonNm |
| PTIN | P01247672 | PTIN |
| Phone | 3126343400 | PhoneNum |
| Preparation | 2023-11-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Baiju Shah | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1240 Huron Road E 300 | AddressLine1Txt |
| City | Cleveland | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44115 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,912,962 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1997 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | To promote and advance the civic, economic, and cultural growth of Greater Cleveland. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 27 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,893,165 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,256,711 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $936,999 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $640,651 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,898 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,600 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,832,062 | PYTotalRevenueAmt |
| CY Total Revenue | $2,912,962 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,474,511 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,501,898 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,062,217 | PYOtherExpensesAmt |
| CY Other Expenses | $2,375,325 | CYOtherExpensesAmt |
| PY Total Expenses | $2,536,728 | PYTotalExpensesAmt |
| CY Total Expenses | $3,877,223 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $295,334 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$964,261 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $13,288,983 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,654,480 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $521,857 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,967,162 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,767,126 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,687,318 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | To promote and advance the civic, economic, and cultural growth of Greater Cleveland as a place to live, work, and conduct business. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,886,643 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $640,651 | RevenueAmt |
| Desc | Inclusive Opportunity:Abundant talent requires inclusive opportunity. The Equity & Inclusion Team has been working since 2001 to close the racial disparities in jobs, income, and wealth, by growing businesses owned by people of color and increasing workforce diversity, equity and inclusion. Our focus is diversity at all levels of enterprises, from team members to the executive suite and ownership. We work with partners to grow minority business enterprises by providing access to customer opportunities and targeted advisory services. We expand diversity in medium and high-wage positions by reducing barriers, sharing best practices on welcoming environments, and developing mentorship networks. Lastly, we ensure digital equity through device donations, affordable broadband access, and digital literacy support for all residents. The below further highlights our priorities and accomplishments.Growing Minority Business Enterprises: We are focused on increasing the number, scope, and scale of minority-owned businesses. Through the Ohio MBDA Business Center and Emerging Developers Initiatives, businesses can access targeted growth resources and advisors. Our advisors serve over 200 minority business enterprises (MBEs) and have prepared them to win contracts and other large-scale federal investments that were deployed at the state and local levels. In 2022, secured contracts for MBEs totaled nearly $132 million, and 140 jobs were created and retained for MBEs.Additionally, with supplemental coronavirus relief funding, staff researched and identified 153 funding sources, including 95 grant opportunities, 47 loan programs, 8 Tax Credit Programs, and 3 bonding programs for more than 350 MBEs. The team worked with these MBEs ensuring they were prepared to take full advantage of the opportunities available to them. Our signature events represent how our thought leadership has supported the region, including our Construction Summit that led to working session with the local government to create a community benefits agreement.Increasing Workforce Diversity: We serve as a convener and resource for employers on diversity, equity, and inclusion. Our workshops and conferences include a CEO Forum and the annual Equity & Inclusion Conference, engaging leaders to commit to action. We also provide an E&I assessment tool to help companies identify their strengths and opportunities for improvement. EGF hosted its 14th annual Equity & Inclusion Conference teaching Greater Cleveland and surrounding area employers how to effectively capitalize on diversity, equity and inclusion in the workplace.Promoting Digital Equity: We are a partner in the Greater Cleveland Digital Equity Coalition, a collective initiative of Cleveland's corporate, philanthropic, governmental, K-12, higher education, health care, workforce, and community-based organizations. The coalition secures device donations, advocates for affordable broadband, and promotes digital navigators. It also fosters public-private partnerships towards the goal of 100 percent of residents being connected. The 2022 Census estimates 91 percent of households in our region have internet, which is an increase of 10 percent prepandemic (equals 50,000 households). | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $758,275 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Talent:Dynamic businesses need abundant talent to grow. Our focus is work-based learning for in-demand jobs, both for today and into the future. We work with partners not only to increase degree and certificate program enrollments and completions in growth sectors, but also to expand internships, apprenticeships, and co-ops and support for participants, through industry-led partnerships with educational institutions and training providers. We also focus on broadening career awareness among high school students through exposure and placement programs that build pathways to employment. Our areas of focus include:Industry Led Partnerships: Sector partnerships are dynamic collaborations of employers, universities, and workforce providers in which employer-led strategies develop and connect talent to jobs and career pathways. Through these efforts, we are working to meet in-demand industry needs and supporting inclusive talent development and advancement for sustainable career paths. Partnerships have been launched in the Manufacturing, Information Technology, Healthcare, and Construction sectors.Work Based Learning: Internships, apprenticeships, and other experiential learning opportunities benefit both students and employers and help the region develop and retain talent from colleges and universities. Internships and Co-ops augment classroom learning with experience in a professional setting. Apprenticeships are skills-based training programs that create diverse talent pipelines for employers while providing opportunities for individuals to attain a post-secondary credential with a career track. During 2022, EGF was awarded an US Department of Labor grant; Apprenticeship Building America totaling $5.8M that it will use to launch a Registered Apprenticeship Hub and advance the Equity in Registered Apprenticeship Programs Hub (E-RAP), which prepares employers and employer intermediaries to adopt equitable RAP and pre-apprenticeship practices.The organization was also awarded $1M from a local foundation to support a Higher Education STEM internship program and to create internships at Cuyahoga County businesses in the STEM and manufacturing fields, available to students at local Universities and other higher education institutions. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $806,272 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Innovation:A thriving region is built on dynamic businesses. We promote growth and innovation for businesses of all sizes. We work with partners to promote expansions by connecting companies to growth incentives, real estate options, and talent solutions. We serve small and middle-market businesses by sharing funding opportunities, offering cost-saving benefits, and hosting forums for exchanging ideas and creating connections. Lastly, we expand innovation activity for start-ups, corporates, and research institutions (including federal facilities) through sector strategies, industry-institution partnerships, and increased funding.Innovation Initiatives: Through the Cleveland Innovation Project, the region has enhanced sector initiatives in smart and sustainable manufacturing, life sciences, and water tech and enabling initiatives to grow venture capital and innovation corridors. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $203,478 | $0 | $0 | Appealing communities play a crucial role in attracting and retaining dynamic businesses and talent. Our focus is next-generation allure for working, living, and playing in Greater Cleveland. We work with partners to enhance our downtown and waterfronts through inter-connected and inclusive residential, commercial, and public space developments. We invest in neighborhoods for both residential and commercial corridor development aligned with accessible and efficient transit. We encourage resources for expanding amenities including parks, arts and culture, sports, and other recreational offerings. Also, since we understand the economic and social benefits of air services, we work closely with the city of Cleveland and other organizations to improve the air services for both business and leisure travel.Enhancing our downtown: Beginning in 2021 and throughout 2022, EGF, through its parent Organization GCP, partnered with the Mayor of the City of Cleveland and his administration to lead a planning process to redevelop the Downtown Cleveland Lakefront. GCP formed a task force of five working groups and more than 150 participants to advance the initiative.Advocating for Amenities: We are a catalyst and advocate for ensuring that the region has and maintains a vibrant range of offerings in arts and culture, parks and trails, sports and entertainment and air services. These provide a high quality of life and attract companies and talent to the region. Our Air Service taskforce worked with other partners and community leaders to secure non-stop flights between Cleveland and Seattle along with international service from Cleveland to Dublin, with connections to Europe and Middle East. |
| $102,060 | $0 | $0 | The Great Lakes Metro Chamber Coalition is a collective of chambers of commerce across the Great Lakes region that jointly advocate on core policy issues, including water quality, immigration reform, trade, and transportation and infrastructure. EGF is a founding member of this coalition. The organization continues to staff and lead the coalition's work. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $305,538 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $3,756,728 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 37 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John Luteran | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2166213300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1240 Huron Road E No 300 | AddressLine1Txt |
| City | Cleveland | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44115 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Stanek Michael | ||||||||||
| Chair | 2.00 | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| DiRocco Joe | ||||||||||
| Treasurer until 9/22 | 2.00 | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Arnold Craig | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Cavoli James | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Chaikin Scott | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Cosgrove Bill | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| DeWagheneire Severine | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Dolan Paul | ||||||||||
| Director | 1.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||||
| Gorman Christopher | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Harmon Brad | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Haslam Dee | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Johnson Kevin | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Kaler Eric | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Komoroski Len | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Lopez Joe | ||||||||||
| Director until 12/22 | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Morikis John | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Opsitnick Timothy | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Pastore Patrick | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Perez Cheryl | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Read Deborah | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Richardson Sean | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Schnur Eric | ||||||||||
| Director until 1/22 | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Sundaram Nagarajan | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Taylor Jr Eddie | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Whiting Vanessa | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Williams Thomas | ||||||||||
| Director until 6/22 | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Young John | ||||||||||
| Director until 1/22 | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Shah Baiju | ||||||||||
| President & CEO | 4.00 | 36.00 | Yes (X) | $57,553 | $581,921 | $45,980 | ||||
| Ittu Yvette | ||||||||||
| EVP Finance & Operations | 1.00 | 39.00 | Yes (X) | $7,151 | $428,899 | $24,378 | ||||
| Luteran John | ||||||||||
| MVP, Fin, Operations & Air Service | 1.00 | 39.00 | $7,853 | $268,648 | $37,115 | Yes (X) | ||||
| Marbury Shana | ||||||||||
| General Counsel & SVP, Talent | 1.00 | 39.00 | $5,076 | $269,309 | $21,830 | Yes (X) | ||||
| Hall Brian | ||||||||||
| SVP, Equity & Inclusion | 40.00 | 0.00 | $270,241 | $0 | $10,845 | Yes (X) | ||||
| Coates Steven | ||||||||||
| Controller Finance & Operations | 2.00 | 38.00 | $8,431 | $170,936 | $24,554 | Yes (X) | ||||
| Platt Craig | ||||||||||
| Managing Director, IT Sector PT | 40.00 | 0.00 | $145,001 | $0 | $4,306 | Yes (X) | ||||
| Nance Christopher | ||||||||||
| VP, Construction/Inclusive | 40.00 | 0.00 | $115,649 | $0 | $31,442 | Yes (X) | ||||
| Collier Freddy | ||||||||||
| SVP, Strategy & New Initiatives | 8.00 | 32.00 | $28,325 | $113,299 | $3,121 | Yes (X) | ||||
| Grgurevic Marco | ||||||||||
| VP, Minority Business Growth, Equity, and Inclusio | 40.00 | 0.00 | $115,417 | $0 | $14,131 | Yes (X) | ||||
| Roman Joseph | ||||||||||
| Former President | 0.00 | 0.00 | $0 | $291,551 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $760,697 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,124,563 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $217,702 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WTM Development | |||||
| 542 North Street | Chagrin Falls | OH | 44022 | Professional Services | $325,000 |
| Mid-America Applied Technologies Corpora | |||||
| 542 North Street | Chagrin Falls | OH | 44022 | Professional Services | $125,000 |
| CAK Consulting LLC | |||||
| 1841 W 50th Street | Cleveland | OH | 44102 | Professional Services | $110,073 |
| City Architecture Inc | |||||
| 12205 Larchmere Blvd | Cleveland | OH | 44120 | Professional Services | $107,576 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $553,474 | GovernmentGrantsAmt |
| All Other Contributions | $1,703,237 | AllOtherContributionsAmt |
| Total Contributions | $2,256,711 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Intercompany | 900099 | $502,520 | $502,520 |
| Registration Revenue | 900099 | $138,131 | $138,131 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $640,651 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,600 | TotalRevenueColumnAmt |
| Exclusion | $15,600 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,912,962 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $640,651 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,600 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,720 | TotalAmt |
| Program Services | $241,122 | ProgramServicesAmt |
| Management And General | $20,598 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,017,718 | TotalAmt |
| Program Services | $950,737 | ProgramServicesAmt |
| Management And General | $66,981 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,624 | TotalAmt |
| Program Services | $29,271 | ProgramServicesAmt |
| Management And General | $3,353 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,099 | TotalAmt |
| Program Services | $90,201 | ProgramServicesAmt |
| Management And General | $10,898 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,737 | TotalAmt |
| Program Services | $83,443 | ProgramServicesAmt |
| Management And General | $5,294 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $356 | TotalAmt |
| Management And General | $356 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,261 | TotalAmt |
| Program Services | $3,475 | ProgramServicesAmt |
| Management And General | $786 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,786,776 | TotalAmt |
| Program Services | $1,786,776 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,336 | TotalAmt |
| Program Services | $4,336 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,893 | TotalAmt |
| Program Services | $25,504 | ProgramServicesAmt |
| Management And General | $1,389 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,592 | TotalAmt |
| Program Services | $12,871 | ProgramServicesAmt |
| Management And General | $721 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,425 | TotalAmt |
| Program Services | $66,821 | ProgramServicesAmt |
| Management And General | $5,604 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,179 | TotalAmt |
| Program Services | $42,179 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,164 | TotalAmt |
| Program Services | $36,023 | ProgramServicesAmt |
| Management And General | $141 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,476 | TotalAmt |
| Program Services | $10,686 | ProgramServicesAmt |
| Management And General | $790 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,741 | TotalAmt |
| Program Services | $6,319 | ProgramServicesAmt |
| Management And General | $422 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Sponsorships | $312,704 | $312,704 |
| Memberships | $723 | $723 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,699 | TotalAmt |
| Program Services | $53,537 | ProgramServicesAmt |
| Management And General | $3,162 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,877,223 | TotalAmt |
| Program Services | $3,756,728 | ProgramServicesAmt |
| Management And General | $120,495 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $978,783 | BOYAmt |
| EOY | $1,382,926 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000,000 | BOYAmt |
| EOY | $1,000,000 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $516,622 | BOYAmt |
| EOY | $553,799 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,074 | BOYAmt |
| EOY | $44,960 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,000 | BOYAmt |
| EOY | $50,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,150 | BOYAmt |
| EOY | $37,919 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $15,500 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $431 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $15,069 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,633,719 | BOYAmt |
| EOY | $10,518,172 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,635 | BOYAmt |
| EOY | $51,635 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,288,983 | BOYAmt |
| EOY | $13,654,480 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,164 | BOYAmt |
| EOY | $74,601 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,363 | BOYAmt |
| EOY | $330,936 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $316,330 | BOYAmt |
| EOY | $1,561,625 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $521,857 | BOYAmt |
| EOY | $1,967,162 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,679,360 | BOYAmt |
| EOY | $10,480,920 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,087,766 | BOYAmt |
| EOY | $1,206,398 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,767,126 | BOYAmt |
| EOY | $11,687,318 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,288,983 | BOYAmt |
| EOY | $13,654,480 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$964,261 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$115,547 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,673,604 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,230,182 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,149,384 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,893,165 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,256,711 | CurrentTaxYearAmt |
| Total | $9,203,046 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,673,604 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,230,182 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,149,384 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,893,165 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,256,711 | CurrentTaxYearAmt |
| Total | $9,203,046 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $790,579 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,412,467 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25,991 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,887 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,755 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,898 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,600 | CurrentTaxYearAmt |
| Total | $94,131 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $9,297,177 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $4,557,768 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.90480 | PublicSupportCY170Pct |
| Public Support PY170 | 0.84750 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,500 | OtherCostOrOtherBasisAmt |
| Depreciation | $431 | DepreciationAmt |
| Book Value | $15,069 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $15,069 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Investment in Cleveland Development Ptshp II | Desc |
| Book Value | $10,518,172 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $10,518,172 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Intercompany Payable | Desc |
| Amt | $1,561,625 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,561,625 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV, Line 2b: | The Economic Growth Foundation (EGF) acts in the role of fiscal agent for early stage, community based concepts without a formal corporate structure, whose purpose is consistent with the scope of the EGF. Each early stage concept is provided with a set of formal operating procedures. The EGF does not receive compensation for its duties in connection with any fiscal agent agreements. During 2022, EGF received $487,825 from organizations for which EGF acts as fiscal agent. |
| Part X, Line 2: | The Economic Growth Foundation ("EGF") adopted the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. Under this guidance, EGF may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on technical merits of the position. At December 31, 2022 and 2021, management has evaluated the Organization's tax positions and has concluded that the Organization has taken no uncertain tax positions that require adjustment to the consolidated financial statements to comply with provisions of this guidance. EGF is not subject to tax examinations by tax authorities for the years ending December 31, 2019 and prior. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shah Baiju | ||||||||||||||
| President & CEO | $47,000 | $475,220 | $10,125 | $102,375 | $428 | $4,326 | $1,073 | $10,854 | $3,065 | $30,988 | $61,691 | $623,763 | $0 | $0 |
| Ittu Yvette | ||||||||||||||
| EVP Finance & Operations | $5,055 | $303,161 | $1,476 | $88,524 | $620 | $37,214 | -$31 | -$1,867 | $431 | $25,845 | $7,551 | $452,877 | $562 | $33,730 |
| Luteran John | ||||||||||||||
| MVP, Fin, Operations & Air Service | $7,181 | $245,670 | $540 | $18,460 | $132 | $4,518 | $327 | $11,175 | $727 | $24,886 | $8,907 | $304,709 | $0 | $0 |
| Marbury Shana | ||||||||||||||
| General Counsel & SVP, Talent | $3,813 | $202,318 | $1,110 | $58,890 | $153 | $8,101 | $209 | $11,097 | $195 | $10,329 | $5,480 | $290,735 | $0 | $0 |
| Roman Joseph | ||||||||||||||
| Former President | $0 | $0 | $0 | $0 | $0 | $291,551 | $0 | $0 | $0 | $0 | $0 | $291,551 | $0 | $100,000 |
| Hall Brian | ||||||||||||||
| SVP, Equity & Inclusion | $84,009 | $0 | $60,000 | $0 | $126,232 | $0 | $6,203 | $0 | $4,642 | $0 | $281,086 | $0 | $0 | $0 |
| Coates Steven | ||||||||||||||
| Controller Finance & Operations | $7,641 | $154,926 | $705 | $14,295 | $85 | $1,715 | $402 | $8,156 | $752 | $15,244 | $9,585 | $194,336 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 4b | The Executive Vice President of Finance and Operations, Yvette Ittu, participates in a supplemental non-qualified 457(f) plan. In 2022, the organization contributed $25,435.50 to her 457(f) plan. |
| Part I, Line 7 | Incentive compensation of EGF's officers, key employees, and highest compensated employees is discretionary and has been subjected to review by a compensation committee created by its parent, the Greater Cleveland Partnership. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part IV, Line 12 Audited Financial Statements: | The financial statements and related statements of activities, functional expenses, and cash flows of the Economic Growth Foundation (EGF) were audited on a consolidated basis. Refer to Form 990 Schedule R for details of the related organizations. |
| Form 990, Part VI, Section A, line 6 | The sole member of Economic Growth Foundation is Greater Cleveland Partnership, an Ohio nonprofit corporation. |
| Form 990, Part VI, Section B, line 11b | Finance staff in conjunction with tax preparers compiles the information needed to complete the Form 990. Upon completion, Finance management conducts a detailed review of the return and makes final adjustments if necessary. The returns are provided to the Audit, Finance, and Executive Committees for review and comment. The final version of the Form 990 is given electronically and/or by hard copy to each board member for review prior to submission. |
| Form 990, Part VI, Section B, line 12c | The board of Directors and staff of the GCP are expected to maintain the highest ethical standards in conducting the business of the GCP. The board and staff conflict of interest policies are intended to provide clear guidance to ensure that the GCP's business is conducted with integrity, and in compliance with all applicable laws, and in a manner that excludes considerations of personal advantage or gain. All board and staff members shall annually receive a reminder of their agreement to comply with the policy and sign a declaration indicating their acceptance. Any violation of the board policy will subject a board member to appropriate action, up to and including, removal from the board. When questions arise concerning any aspect of this policy, board members are encouraged to contact the board chair. Violations of this policy should be reported to the board chair or the confidential and independent 24-hour helpline provider, NAVEX Global, Inc. The disinterested members of the GCP Executive Committee shall make a determination as to whether a conflict exists and what subsequent action, if any, is appropriate. The GCP Executive Committee shall inform the Board of such determination and action. The Board shall retain the right to modify or reverse such determination and action, and shall retain the ultimate enforcement authority with respect to the interpretation and application of this policy. The CEO, or his/her designee shall make a determination regarding staff members as to whether a conflict exists and what subsequent action, if any, is appropriate. Any violation of the staff policy will subject the employee to discipline, up to and including, immediate discharge. When questions arise concerning any aspect of this policy, or to report violations, employees should contact the human resources department or the confidential and independent 24-hour helpline provider, NAVEX Global, Inc. |
| Form 990, Part VI, Section B, line 15 | Salaries of EGF staff have been subjected to review by a compensation committee created by its parent, the Greater Cleveland Partnership. The committee's responsibilities include approving compensation for employees of the organization including the President/CEO. An annual performance evaluation process is conducted for all employees. Compensation for all employees is evaluated against the market. The compensation committee utilizes the resources of an independent consulting firm in the evaluation process to provide local and national compensation comparable data. The results of the latest survey (GCP executive compensation study - February 2022) provided that direct pay and indirect pay programs reflect market medians. |
| Form 990, Part VI, Section C, line 19 | No documents are made available to the public. |
| Form 990, Part IX, line 11g | Consulting: Program service expenses 1,778,623. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,778,623. Marketing: Program service expenses 8,153. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,153. |
| Form 990, Part XII, Financial Statement and Reporting: | The organization has a committee that is responsible for oversight of the audit and selection of independent accountants. The process has not changed from the prior year. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Greater Cleveland Partnership | |||||||||||
| 1240 Huron Road E Suite 300 | Cleveland | OH | 44115 | 340149250 | Mobilizes Private Sector leadership, expertise, and resources to create jobs | OH | 501(c)(6) | N/A | N/A | 0 | |
| Cleveland Development Foundation | |||||||||||
| 1240 Huron Road E Suite 300 | Cleveland | OH | 44115 | 346528498 | Developing and improving Cleveland's Civic Visions. | OH | 501(C)(3) | Line 7 | Yes (1) | Greater Cleveland Partnership | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd |
|---|---|---|---|---|---|---|---|---|---|
| Opportunity Cle Loan Fund LLC | |||||||||
| 1240 Huron Road Ste 300 | Cleveland | OH | 44115 | 384126152 | Investments | OH | N/A | 0 | 0 |
| Advance Cleveland Development Fund | |||||||||
| 1240 Huron Road Ste 300 | Cleveland | OH | 44115 | 461061063 | Private sector financing for real estate projects | OH | N/A | 0 | 0 |
| Jumpstart Next Fund LLC | |||||||||
| 6701 Carnegie Ave Suite 100 | Cleveland | OH | 44103 | 273815350 | Investments in entry stage businesses | OH | N/A | 0 | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| Group Services Inc | |||||||||
| 1240 Huron Road E Suite 300 | Cleveland | OH | 44115 | 341402329 | Small business access to affordable/quality group insurance | OH | N/A | C | Yes (1) |
| GCP Shared Services Inc | |||||||||
| 1240 Huron Road E Suite 300 | Cleveland | OH | 44115 | 208637606 | Lease Management | OH | N/A | C | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |