2022-11-10T09:19:24-06:00 2021-12-31 420714325 RSM US LLP 30 South Wacker Dr Suite 3300 Chicago IL 606063392 990 2021-01-01 340149250 Greater Cleveland Partnership GREA 2166213300 1240 Huron Road E 300 Cleveland OH 44115 Yvette M Ittu Exec VP - Finance & Operations 2166213300 2022-11-04 1 Yvette Ittu XXX-XX-XXXX Rebekuh Eley P01247672 3126343400 2022-11-04 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Baiju Shah 1240 Huron Road E 300 Cleveland OH 44115 16679392 0 X www.greatercle.com X 1967 OH Business association mobilizing private, civic, and public leadership, expertise, and resources to accelerate growth and prosperity across the region. 78 78 89 89 179087 0 1087677 1906183 12041044 12170697 504845 265952 61684 60036 13695250 14402868 0 0 0 0 8550093 8537492 0 0 0 5876947 5568866 14427040 14106358 -731790 296510 36679500 36035820 7512245 6673597 29167255 29362223 X Business association mobilizing private, civic, and public leadership, expertise, and resources to accelerate growth and prosperity across the region. 0 0 Innovation & Growth:A thriving region is built on dynamic businesses. Our focus is growth through productivity 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. Business Expansions: Supporting and promoting the growth of businesses is one of our top priorities. Through partnerships, GCP provides businesses access to a range of resources including talent solutions, financial incentives and solutions, real estate and site options, technology programs, and supplier diversity programs. The team helps companies connect to and navigate these resources to businesses expand and thrive. Innovation Initiatives: Through the Cleveland Innovation Project, an alliance of GCP and community foundations and partners, the region has launched a plan to become a Midwest leader for technology-led growth and inclusion. The plan includes sector initiatives in smart manufacturing, health innovation, and water technologies that build on strengths and opportunities and enable initiatives to expand talent, capital, and innovation corridors. To date, over $850 million has been committed to propel the initiatives by private, philanthropic, and public sources. GCP Tech Week was a huge success and is an annual initiative to support and engage the local tech community through education, networking, and programming for entrepreneurs, executives, students, educators, and other stakeholders of the IT industry. The events included job fairs, CIO forums, sessions on hot topics, pitch contests, and the Best of Tech awards recognizing tech innovations and emerging companies. Small Business Growth: As the small business group of the Greater Cleveland Partnership, COSE (the Council of Smaller Enterprises) has supported and advocated for entrepreneurs since 1972. Members receive information on growing businesses, cost-saving benefits and purchasing programs, networking opportunities, and advocacy on small business priorities. Small business success is a priority and COSE provides resources and solutions. In 2021, more than 300 businesses attended the COSE Small Business Week. Cleveland Chain Reaction, supported by COSE and other partners is a project that brings up to $1,000,000 of direct investment from private investors to an emerging Cleveland neighborhood by locating five new businesses there that can create jobs and prosperity. Several small businesses participated in the competition and received entrepreneurial support. The winners received cash grants. Appealing Communities:Appealing communities attract and retain 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 and improve air services for both business and leisure travel. Our focus areas include: Enhancing our downtown: Transformational developments throughout the business district are underway, from our lakefront to our riverfront and from the west side through the east side. These include residential, commercial, and civic projects as well as public spaces. Taken together, these developments will significantly enhance downtown as a place to work, live, and play. The mayor announced that GCP would serve as a convener and coordinator for the Lakefront Plan to connect downtown to the lake. Investing in Neighborhoods: GCP and Cleveland Development Advisors, our real estate affiliate, work with partners to develop vibrant and thriving neighborhoods that attract diverse individuals and families. We support initiatives, policies, and new funding tools for housing, small business growth, transit-oriented development, and commercial corridor expansion. Opportunity Corridor opened enabling new development in Central and Fairfax. This was a project GCP has contributed to along with other partners. Advocating for Amenities: GCP is 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. GCP and partners worked to attract an airline to the region offering daily non-stop service to Seattle. GCP contributed significantly to the baseball stadium public-private partnership lease extension and renovations which was significant for downtown, small businesses, and the region. 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. The IT Sector Partnership, led by GCP, launched a pilot around skills-based job profiles to identify candidates. Employers offered more than 200 job openings for the pilot. The Manufacturing Partnership, led by GCP and partners celebrated two years of success and over 300 placements. 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. GCP partnered with local colleges to expand internships and co-ops. Career Exposure: GCP supports college and career readiness for students through public-private partnerships among schools and employers. Initiatives include serving as an anchor organization for Cleveland's PACE program and engaging businesses through ProCorps which provides career exposure, True2U, which provides eighth-graders support to explore their strengths, and Academies of Cleveland, which focuses on career pathways that drive economic growth.RITE: the leading industry-driven IT workforce alliance in Greater Cleveland and the tech talent arm of GCP, is dedicated to building a diverse and skilled talent pipeline for in-demand IT careers. RITE accelerates the development of a quality talent pipeline by mobilizing employers, optimizing regional efforts, and delivering programming. To date, RITE has engaged more than 130 regional employers, 46 strategic alliances and program partners that include eight institutions of higher education, and over 209 high schools impacting 9,200 students across the region. 0 1 0 1 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 55 0 1 89 1 1 1 0 0 0 1 1 0 1 0 X 78 78 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X John Luteran 2166213300 1240 Huron Road E 300 Cleveland OH 44115 Schnur Eric Chair 2.00 4.00 X X 0 0 0 DiRocco Joe Treasurer 2.00 4.00 X X 0 0 0 Arnold Craig Director 1.00 2.00 X 0 0 0 Ballard Brent Director 1.00 0.00 X 0 0 0 Bansal Nevin Director 1.00 0.00 X 0 0 0 Bentlage Rudy Director 1.00 0.00 X 0 0 0 Berg Jodi Director 1.00 0.00 X 0 0 0 Bertero Fernando Director 1.00 0.00 X 0 0 0 Boland Julie Director 1.00 0.00 X 0 0 0 Buescher Brendan Director 1.00 0.00 X 0 0 0 Carmichael John Director (until 7/30/21) 1.00 0.00 X 0 0 0 Cavoli James Director (as of 3/23/21) 1.00 0.00 X 0 0 0 Chaikin Scott Director 1.00 2.00 X 0 0 0 Chiricosta Rick Director 1.00 2.00 X 0 0 0 Coleman Lonnie Director 1.00 0.00 X 0 0 0 Cosgrove Bill Director 1.00 0.00 X 0 0 0 Diedrich Jeroen Director (as of 3/23/21) 1.00 0.00 X 0 0 0 Dolan Paul Director 1.00 0.00 X 0 0 0 Donley Debbie Director (as of 3/23/21) 1.00 0.00 X 0 0 0 Eck James Director 1.00 0.00 X 0 0 0 Feliciano Jose Director (until 7/30/21) 1.00 0.00 X 0 0 0 Fujita Hiroyuki Director 1.00 0.00 X 0 0 0 Gertsburg Alex Director 1.00 0.00 X 0 0 0 Goncalves Lourenco Director (as of 3/23/21) 1.00 0.00 X 0 0 0 Gorman Christopher Director 1.00 2.00 X 0 0 0 Gorom Stan Director (as of 3/23/21) 1.00 0.00 X 0 0 0 Gries Sally Director (as of 3/23/21) 1.00 0.00 X 0 0 0 Harmon Brad Director 1.00 0.00 X 0 0 0 Heller David Director 1.00 0.00 X 0 0 0 Johnson Kevin Director 1.00 2.00 X 0 0 0 Judd Margy Director (as of 3/23/21) 1.00 0.00 X 0 0 0 Juliano Elizabeth Director 1.00 0.00 X 0 0 0 Kaler Eric Director (as of 3/23/21) 1.00 0.00 X 0 0 0 Klonk Robert Director 1.00 0.00 X 0 0 0 Komoroski Len Director 1.00 0.00 X 0 0 0 Lacey Bill Director 1.00 0.00 X 0 0 0 Laisure Daryl Director 1.00 0.00 X 0 0 0 Largent III Ed Director 1.00 0.00 X 0 0 0 Lennox Heather Director 1.00 0.00 X 0 0 0 Littman Robert Director 1.00 0.00 X 0 0 0 Lopez Joe Director 1.00 2.00 X 0 0 0 Lucarelli Jay Director 1.00 0.00 X 0 0 0 Maclntosh John Director 1.00 0.00 X 0 0 0 Malz James Director 1.00 0.00 X 0 0 0 Mapes Chris Director 1.00 0.00 X 0 0 0 Marziani Jeneen Director 1.00 0.00 X 0 0 0 Matthew Bonnie Director 1.00 0.00 X 0 0 0 Megerian Cliff Director (as of 3/23/21) 1.00 0.00 X 0 0 0 Mihaljevic Tomislav Director 1.00 0.00 X 0 0 0 Milkie Duff Director (until 7/30/21) 1.00 0.00 X 0 0 0 Moll Rob Director 1.00 0.00 X 0 0 0 Montgomery Marvin Director (until 7/30/21) 1.00 0.00 X 0 0 0 Mooney Beth Director 1.00 0.00 X 0 0 0 Morikis John Director 1.00 2.00 X 0 0 0 Mueller Scott Director 1.00 0.00 X 0 0 0 Myeroff Randall Director 1.00 0.00 X 0 0 0 Nance Fred Director 1.00 2.00 X 0 0 0 Opsitnick Timothy Director 1.00 2.00 X 0 0 0 Oscar Lawrence Director (until 7/30/21) 1.00 0.00 X 0 0 0 Pastore Patrick Director 1.00 0.00 X 0 0 0 Patterson Bob Director 1.00 0.00 X 0 0 0 Perez Cheryl Director 1.00 0.00 X 0 0 0 Restivo Neal Director (as of 3/23/21) 1.00 0.00 X 0 0 0 Read Deborah Director 1.00 2.00 X 0 0 0 Richardson Sean Director 1.00 2.00 X 0 0 0 Rosebrough Walt Director 1.00 0.00 X 0 0 0 Safier Rion Director (until 7/30/21) 1.00 2.00 X 0 0 0 Sands Harlan Director 1.00 0.00 X 0 0 0 Smucker Mark Director 1.00 0.00 X 0 0 0 Stanek Michael Director 1.00 2.00 X 0 0 0 Sullivan Frank Director 1.00 0.00 X 0 0 0 Taylor Tameka Director 1.00 0.00 X 0 0 0 Taylor Jr Eddie Director 1.00 2.00 X 0 0 0 Thompson Adrian Director 1.00 0.00 X 0 0 0 Torok Gabriel Director 1.00 0.00 X 0 0 0 Tubbs Micki Director 1.00 0.00 X 0 0 0 Vijayvargiya Jugal Director 1.00 0.00 X 0 0 0 Wall Brett Director 1.00 0.00 X 0 0 0 Weber Tony Director 1.00 0.00 X 0 0 0 Wellener Paul Director 1.00 0.00 X 0 0 0 Whiting Vanessa Director 1.00 0.00 X 0 0 0 Williams Thomas Director 1.00 2.00 X 0 0 0 Young John Director 1.00 2.00 X 0 0 0 Zang Alan Director 1.00 0.00 X 0 0 0 Zenty Thomas Director (until 7/30/21) 1.00 2.00 X 0 0 0 Roman Joseph President (until 4/30/21) 35.00 5.00 X 1522184 192373 23765 Ittu Yvette EVP, Finance & Operations 38.00 2.00 X 354887 17268 58426 Shah Baiju President & CEO (as of 4/12/21) 35.00 5.00 X 335539 42406 21924 McGann Martin EVP, Adv. & Strat. Initiatives 40.00 0.00 X 295249 0 44343 Marbury Shana General Counsel & Sr. VP, Talent 36.00 4.00 X 262898 23327 23558 Janik Deb SVP, Business Growth & Development 40.00 0.00 X 271324 0 24804 Kim Megan SVP, Member Devl & Mkting, Exec. Dir 34.00 6.00 X 214104 37782 19896 Luteran John MVP - Fin., Operations & Air Service 29.00 11.00 X 203474 67825 36570 Luca Steven Managing VP - CDA 40.00 0.00 X 192741 0 43939 Federico Paul VP, Corporate & Member Relations 40.00 0.00 X 200689 0 34037 Adamus Vince VP, R. Est./Bus. Dev. (until 11/21) 40.00 0.00 X 175339 0 32059 Cheverine Gina Managing VP - Inclusion 6.00 34.00 X 26527 150315 21094 4054955 531296 384415 28 0 1 0 Dix & Eaton 200 Public Square Suite 3900 Cleveland OH 44114 Professional Services 231405 WTMDevelopment 542 North Street Chagrin Falls OH 44022 Professional Services 200000 The CJR Group Inc 6604 Westpoint Drive Hudson OH 44236 Professional Services 190000 Squire Patton Boggs (US) LLP P O Box 643051 Cincinnati OH 45264 Professional Services 125284 4 1099842 806341 1906183 Membership Dues 823920 9286030 9286030 Program Revenue 900099 2662989 2483902 179087 JumpStart 523900 182880 182880 Administrative Fees 900099 24424 24424 Advanced Cleveland Dev. Fund 523900 14374 14374 12170697 267476 267476 32310 0 32310 32310 32310 2275000 2276524 -1524 -1524 -1524 27726 27726 27726 14402868 11991610 179087 325988 X 2168854 5115891 215705 682612 354430 36379 78991 252227 1878639 25454 176579 68365 385900 22338 383872 455703 70093 Sponsorships 1106282 Memberships 131679 496365 14106358 1500 1500 1623379 1240969 1555718 1953444 500000 444444 345573 438601 13759717 7295257 6832540 6464460 21626363 21653446 1730036 1067722 2464391 2771234 36679500 36035820 2815676 2693401 2966533 2912474 1730036 1067722 7512245 6673597 X 27933816 28278114 1233439 1084109 29167255 29362223 36679500 36035820 296510 -101542 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 9286030 465244 -880664 -415420 185721 -601141 1075600 1075600 4318367 635759 3682608 6227841 4697624 1530217 2137909 1961874 176035 6464460 Investment in ACDF 1561906 C Investment in OCLF 500000 C Investment in Jumpstart NextFund 709328 C 2771234 Deferred Compensation 1067722 1067722 X Part X, Line 2: The Greater Cleveland Partnership and its subsidiaries 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, Greater Cleveland Partnership and its subsidiaries 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, 2021 and 2020, 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. GCP is not subject to tax examinations by tax authorities for the years ending December 31, 2018 and prior. X X X X X 1 1 0 1 Roman Joseph President (until 4/30/21) 164308 20765 0 0 1357876 171608 10298 1302 10800 1365 1543282 195040 1209563 152864 Ittu Yvette EVP, Finance & Operations 282429 13742 46050 2241 26408 1285 23801 1158 31914 1553 410602 19979 23030 1121 Shah Baiju President & CEO (as of 4/12/21) 332549 42028 0 0 2990 378 3468 438 15996 2022 355003 44866 0 0 McGann Martin EVP, Adv. & Strat. Initiatives 254520 0 39000 0 1729 0 10390 0 33953 0 339592 0 0 0 Marbury Shana General Counsel & Sr. VP, Talent 225212 19983 35992 3194 1694 150 10580 939 11058 981 284536 25247 0 0 Luteran John MVP - Fin., Operations & Air Service 182577 60859 17250 5750 3647 1216 8293 2764 19135 6378 230902 76967 0 0 Janik Deb SVP, Business Growth & Development 230792 0 37218 0 3314 0 10841 0 13963 0 296128 0 0 0 Kim Megan SVP, Member Devl & Mkting, Exec. Dir 185212 32684 27586 4868 1306 230 8102 1430 8809 1555 231015 40767 0 0 Luca Steven Managing VP - CDA 171693 0 19500 0 1548 0 8106 0 35833 0 236680 0 0 0 Federico Paul VP, Corporate & Member Relations 151615 0 46505 0 2569 0 8124 0 25913 0 234726 0 0 0 Adamus Vince VP, R. Est./Bus. Dev. (until 11/21) 111346 0 11000 0 52993 0 5053 0 27006 0 207398 0 0 0 Cheverine Gina Managing VP - Inclusion 24283 137603 1977 11201 267 1511 1070 6066 2094 11864 29691 168245 0 0 Part I, Lines 4a-b The Board and prior CEO entered into a deferred compensation agreement in 2005 for the prior CEO to participate in a supplemental non-qualified 457(f) plan. The agreement was periodically reviewed by the Board and Compensation Committee using consultants and market information. Unvested, annual earnings from this arrangement were included in his compensation for GCP and it subsidiary 990's each year since 2005. In 2021, the earnings vested to the prior CEO. This sum represents a payout of those earnings, most of which was previously reported on prior 990's. The Executive Vice President of Finance and Operations, Yvette Ittu, participates in a supplemental non-qualified 457 (f) plan. In 2021, the organization contributed $30,544.20 to her 457 (f) plan. The Vice President of Real Estate and Business Development, Vince Adamus, received a severance payment of $51,251 in 2021. Part I, Line 7 Incentive compensation of GCP's officers, key employees, and highest compensated employees is discretionary and has been subjected to review by a compensation committee of the Board. Form 990, Part IV, Line 12 Audited Financial Statements: The financial statements and related statements of activities, functional expenses, and cash flows of Greater Cleveland Partnership (GCP) were audited on a consolidated basis. The consolidated statements include GCP and its four (4) related organizations. Refer to Form 990 Schedule R for details of the related organizations. Form 990, Part VI, Section A, line 6 In addition to the organization's governing body itself, acting in such capacity, GCP has two types of voting members - "Regular Members and "Emeritus Members" - who have the right to elect or appoint one or more members of the organization's governing body, whether periodically, as vacancies arise, or otherwise. In addition, the Board Chair alone has the right to appoint certain directors and board liaisons. Rights of "Regular Members" include: 1) Call Special Meetings 2) Add agenda items and bring business before a meeting of the Members 3) Nominate representatives as a candidate for Director 4) Receive from the Chair of the Board at the annual meeting a review of the activities of the Corporation 5) Cast one vote in person, by proxy or by mail on each matter properly submitted for a vote to the Members, including electing the Board of Directors 6) Form a Community of Interest 7) Waive notice of a meeting by written waiver or attendance 8) Take any action in writing that could be taken at a meeting of the Members 9) Dissolve the Corporation Rights of "Emeritus Members" include: 1) Same as "Regular Members" Rights of the GCP Board Chair include the ability to appoint Special Directors and Liaisons upon recommendation of the Nominating Committee. These appointments consist of: 1) Past Chair. A past Chairman of the Corporation may be appointed as a special Director based upon past service as Chairman, upon recommendation of the Nominating Committee. A Past Chair may serve on the Board in such capacity as long as he or she remains actively employed as the highest ranking official, partner or member within the Cleveland office of the Member by which the Past Chair was employed while serving as Chairman of the Corporation. While a Past Chair is a member of the Board of Directors, he or she shall be the sole Corporation Director representative of the Member company or institution with which he or she is affiliated. Past Chairs shall have voting privileges and be counted for quorum purposes. 2) Federal Installation Liaisons. The highest-ranking official within the Cleveland installation of each Federal Installation shall be appointed as a Federal Installation Liaison to the Board. Such Liaison shall have no voting rights or fiduciary responsibilities to the Corporation. 3) Other Non-Voting Directors. Appointment of certain non-voting directors for a term of one year shall be permitted. Such Non-Voting Director shall be the highest-ranking employee of a Member, or the approved designee pursuant to Article IV, Section 2(i)(c), and have no voting rights or fiduciary responsibilities to the Corporation. 4) Emeritus Directors. Appointment of Emeritus Directors shall be permitted. An Emeritus Director shall be a Past Chair who has served the Corporation with distinction and is retired or otherwise separated from the Member with which he or she was employed at the time he or she was first elected as Chairman of the Corporation. Emeritus Directors shall have voting privileges and be counted for quorum purposes. Form 990, Part VI, Section A, line 7a Refer to line 6 explanation above. Form 990, Part VI, Section A, line 7b Refer to line 6 explanation above. 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 all staff have been subjected to review by a compensation committee created by 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 The Greater Cleveland Partnership Articles of Incorporation are available from the Office of the Ohio Secretary of State. No other governing documents are available to the public. Form 990, Part IX, line 11g Marketing 625,764. Consulting 1,252,875. Form 990, Part XII, Financial Statements and Reporting: Committee for oversight of audit and independent accountant selection: 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. GCP Real Estate Holdings LLC 1240 Huron Road E Suite 300 Cleveland OH 44115 821975915 Real Estate Holding Company OH 0 5690811 Greater Cleveland Partnership Cleveland Development Foundation 1240 Huron Road E Suite 300 Cleveland OH 44115 346528498 To develop & improve Cleveland's Civic visions. OH 501(c)(3) Line 7 Greater Cleveland Partnership 1 Economic Growth Foundation 1240 Huron Road E Suite 300 Cleveland OH 44115 341916518 To promote & enhance civic, economic, and cultural growth. OH 501(c)(3) Line 7 Greater Cleveland Partnership 1 Opportunity Cle Loan Fund LLC 1240 Huron Road Ste 300 Cleveland OH 44115 384126152 Investments OH Greater Cleveland Partnership 500000 0 0 0.33330 Advance Cleveland Development Fund 1240 Huron Road Ste 300 Cleveland OH 44115 461061063 Private sector financing for real estate projects OH Greater Cleveland Partnership 55488 1716573 0 0 0.04270 Jumpstart Next Fund LLC 6701 Carnegie Ave Suite 100 Cleveland OH 44103 273815350 Investments in entry stage businesses OH Greater Cleveland Partnership -107 389071 0 0 0.04210 Group Services Inc 1240 Huron Road E Suite 300 Cleveland OH 44115 341402329 Small bus access to affordable/quality group insurance. OH Greater Cleveland Partnership C 1156855 1998984 1.00000 1 GCP Shared Services Inc 1240 Huron Road E Suite 300 Cleveland OH 44115 208637606 Lease Management OH Greater Cleveland Partnership C 0.50000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 Group Services Inc N 207391 Group Services Inc O 546199 Group Services Inc S 809772 Economic Growth Foundation N 549014 Economic Growth Foundation O 1256144 Economic Growth Foundation R 966686