2021-11-11T12:16:04-06:00 2020-12-31 420714325 RSM US LLP 30 South Wacker Dr Suite 3300 Chicago IL 606063392 990 2020-01-01 340149250 Greater Cleveland Partnership GREA 2166213300 1240 Huron Road E No 300 Cleveland OH 44115 Yvette M Ittu Exec VP - Finance & Operations 2166213300 2021-11-11 1 Yvette Ittu XXX-XX-XXXX Rebekuh Eley P01247672 3126343400 2021-11-11 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Baiju Shah 1240 Huron Road E No 300 Cleveland OH 44115 16449235 0 X www.greatercle.com X 1967 OH Business association mobilizing private sector leadership, expertise, and resources. 70 70 84 88 193700 0 1020220 1087677 13188284 12041044 620501 504845 39158 61684 14868163 13695250 0 0 0 0 8578390 8550093 0 0 0 7153212 5876947 15731602 14427040 -863439 -731790 37093712 36679500 7321477 7512245 29772235 29167255 X As an association of business members, the Greater Cleveland Partnership (GCP) mobilizes private-sector leadership, expertise, and resources to create jobs and leverage investment to improve the economic vitality of the region. 0 0 Physical Development:Targeted physical development is an important element of the Greater Cleveland Partnership's (GCP) strategy. The GCP works with its real estate development affiliate, Cleveland Development Advisors (CDA), and its external partners to leverage and connect existing assets and create new catalytic projects that stimulate further economic development. Our goals include leveraging Cleveland's major economic development assets to create an inclusive city with a competitive housing market downtown and in city neighborhoods that will attract economically diverse individuals and families. Additionally, the GCP through the Greater Cleveland Civic Connection brings key civic and public agencies together to align and advocate for infrastructure development that catalyzes broader economic development. The Civic Connection includes the City of Cleveland, Cuyahoga County, Greater Cleveland Regional Transit Authority the Port of Cleveland and the Northeast Ohio Regional Sewer District along with other key partners. By facilitating constant dialogue between the public partners and our region's business community, Greater Cleveland Civic Connection has established a foundation for a significant, efficient coordinated focus upon Northeast Ohio's future.Lastly, the GCP continues to work collaboratively with the City of Cleveland, ODOT, and numerous other public and private partners to support robust and inclusive economic development along the Opportunity Corridor. The Opportunity Corridor, a $270 million transportation and economic development project, is rapidly nearing completion on the east side of Cleveland. This 3.6-mile boulevard with signalized intersections, pedestrian and bike infrastructure, and full utilities, is designed to serve as a catalyst for job creation and community investment by providing the foundation for the redevelopment of over a hundred acres of underutilized land and creating enhanced connections to numerous major employers. The roadway project is in its final and most complex phase that involves the major reconfiguration of E. 55th and the eastern terminus of I-490, the construction of three vehicular bridges, two pedestrian bridges, and one railroad bridge, sidewalks, a bike path, and the final two miles of new roadway. The boulevard is expected to be opened to traffic by the end of 2021. Business Growth & Development:The GCP Business Growth & Development program continues to deliver on our mission to be recognized as the Greater Cleveland business community's premier advisory services team providing trusted, superior service to every business of every size and in every industry. To say that 2020 brought challenges is clearly an understatement. No one could have anticipated the impact Greater Cleveland's business community and constituents would face during the COVID-19 Pandemic. When the GCP INGEAR business platform launched in February 2020, it did so in direct response to its members. The leadership called for it to create a dedicated comprehensive business information portal as a priority deliverable of the Forward CLE strategic plan. It had no idea the important role and impact the platform would play when the COVID-19 pandemic hit Northeast Ohio. Less than 30 days after launch, immediately following Governor DeWine's mandated shut down, INGEAR quickly pivoted to become a primary COVID-19 resource portal. Over the course of the next 12 weeks, the site registered over 18,000 users spanning 37 states and several countries. Some of the specific accomplishments include:- Created the COVID-19 resource page providing businesses and individuals with real-time updates regarding access to local, state and federal resources and assistance- In partnership with essential businesses, established INGEAR Employers Now Hiring page prioritizing businesses' needs and providing displaced individuals direct connections to essential businesses with thousands of job openings. - Issued the COVID-19 Businesses Impact Survey within 48 hours of Governor DeWine's shutdown orders.- Created the INGEAR B2B platform with over 80 businesses listed to drive procurement and contracting opportunities. The continued offerings of the GCP INGEAR platform enable us to provide superior client services focused on accelerating access to resources, incentives, opportunities, economic development system partners and providers to drive company growth and success in Greater Cleveland.Our core values are based on the foundation that GCP INGEAR operates on the side of business. We know building trusted relationships is the key to our success and will continue to do so by:- Business Outreach and Engagement Services: We focus on building long-term sustainable relationships with the businesses that call Greater Cleveland home. GCP's business retention, expansion, and attraction (BREA) outreach efforts are focused on learning firsthand about business needs and how to best deliver results for success. We serve as a point of contact to the broader economic development system and Greater Cleveland business community.- Project Management: Count on GCP to serve as your company's engaged, trusted advisor for all retention, expansion and attraction opportunities and activities. The GCP team serves as your centralized point of contact for activities and engagements with our public and private partners.- Access to Resources: GCP provides our businesses with the expertise and advice needed to access the myriad of business resources, both monetary and non-monetary, that will help them grow and thrive in Greater Cleveland and the region. Our team identifies private and public resources that are best suited to support each unique need from real estate and site location, machinery and equipment financing, industry research and development, workforce and talent, energy solutions, technology, and more. We will exhaust every viable solution to help achieve your goals.Business Outreach & Engagement ActivitiesThe program team and our partners conducted 1,145 business outreach and engagement calls in 2020. Over 58% of the calls were conducted with companies that currently are, or have previously been, members of GCP. This included over 500 calls (43%) with companies identified as small businesses, reinforcing GCP's 2020 commitment to serve all businesses of every size and in every industry. Targeted industry calls totaled 891 or 77% of all outreach activities.The program team made over 470 referrals to internal and external system partners and providers.Additionally, GCP completed the development of the Partner Referral Portal and in October received the International Economic Development Council (IEDC) 2020 Silver Award for Innovation Programs and Initiatives. Advocacy:Although much of 2020 was upended by the pandemic, there were still notable organizational and member -driven advocacy successes due in large part to the leadership of the business community. The Advocacy team disseminated daily federal, state, and local COVID-19 updates, from March through the summer of 2020, which became a significant clearinghouse that members and stakeholders relied upon to access government resources, find support, and make sound decisions during troubling times.At the state level, the Advocacy team was a vocal proponent for small business members in calling on the state of Ohio to use CARES Act funds to aid and uplift enterprises impacted by the crisis. Additional team successes were also realized, including progress related to preserving the small business income tax deduction, securing civil liability protection, passing intrastate crowdfunding legislation, and more. In addition, key GCP business leaders were integral in state policy decisions, serving on taskforces that shaped COVID-19 safety guidelines.At the federal level, COVID-19 relief addressed critical issues for which the GCP Advocacy team had lobbied. A yearend relief bill clarified tax issues for small businesses, expanded PPP expenses that are eligible for forgiveness, and funded a new round of PPP loans for businesses with the greatest need. Other GCP priorities, including investments to close the digital divide, extension of the New Markets Tax Credit program, and funds to restore and clean up the Great Lakes, were also secured as part of federal aid packages. Innovation:The Cleveland Innovation Project - An alliance of the Cleveland Foundation, Fund For Our Economic Future, Greater Cleveland Partnership, JumpStart, and TeamNEO and supported by a steering committee comprised of corporate and civic leaders - is a regional strategy effort with a balanced mission of strengthening technology-based economic growth and prosperity for all Greater Cleveland residents. Since 2019, the alliance, steering committee, and more than 150 business, entrepreneurial, institutional, and nonprofit leaders have developed and launched integrated initiatives towards the vision of Cleveland being a Leading Midwest Region for Technology-led Growth & Inclusion by 2030.The following initiatives are strengthening the region's innovation ecosystem:-Boost STEM Talent: Align and expand education and training programs - post-secondary through post-graduate - to prepare many and diverse individuals for STEM careers.-Catalyze a Capital Continuum: Foster and provide access to a robust range of private capital sources to start and scale businesses.-Expedite Digital Equity: Ensure every resident has access to in-home high-quality broadband for learning, working, and living by 2022.-Enhance Innovation Zones: Develop the region's primary innovation geographies - the Health-Tech and Opportunity Corridors. Small Business:As the small business division of the Greater Cleveland Partnership, COSE (Council of Smaller Enterprises) has supported and advocated for the small businesses in the region since 1972. As the region's small business expert organization, COSE offers its members networking and educational events, advocacy on legislative and regulatory issues, and cost-effective group purchasing programs. Through a deep understanding of small businesses, COSE provides the right solutions and resources to help members succeed - every day - because small business growth and success is the organization's priority. The solutions and resources include:1. Connecting and Educating through Events and Programs - Access to networking and education opportunities is often the main reason a business owner joins COSE. Through our events, we create a sense of community and have had success creating strong relationships between business owners.2. Creating a Solutions-Based Member Benefits Portfolio - Since our inception, COSE has been focused on finding products and services that make operating the business easier for small business owners. From discounted product or services to enhanced product solutions or additional benefits, COSE has been successful in negotiating deals with providers in various areas of business support services that a business owner couldn't access on their own.3. Providing Connections and Resources for Small Businesses - To be successful in delivering on our mission, COSE needs to have an awareness of the entrepreneurial ecosystem and must act as a convener, navigator, connector and resource provider.4. Giving Small Businesses a Voice - It is COSE's priority to convene small business owners to give them a seat at the table in discussions on advocacy issues and initiatives, economic development strategies, and how small businesses play a role in building our region. Equity and Inclusion:GCP's Equity & Inclusion division 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. Talent:GCP Talent connects employers to a workforce ecosystem critical to building a skilled and diverse talent pipeline ready for the jobs of today and tomorrow. We are a catalyst, convenor, and advocate for numerous partnerships that connect employers to talent development organizations.Early Talent PipelineStudents and young adults are the foundational link of the talent pipeline. GCP, representing the business community as a Cleveland Plan stakeholder, continues to contribute to the development of college and career readiness for Cleveland students, through True2U and other K-12 initiatives to develop Cleveland's future workforce. Through GCP Internship Central, employers, educators and students receive valuable information, best practices, opportunities to connect, and ideas about how to design, implement and execute impactful internship programs to ensure that Northeast Ohio attracts and retains a skilled 21st-century workforce. Additionally, GCP recognizes the importance of developing emerging leaders in the business community through GCP LEAD, an exclusive cohort of GCP member company young professionals who have an interest in GCP's strategic priority areas and its economic development impact.Sector PartnershipsSector Partnerships are collaborations of employers and workforce service providers that focus on developing programs and strategies for in-demand positions. Through these efforts, GCP is working to meet the needs of key regional industry sectors and ensuring that talent is connected to training that leads to rewarding and sustainable career paths. To date, partnerships have been convened in the Manufacturing, Information Technology, Healthcare, and Construction sectors.InternshipsInternships, co-ops, and other experiential learning opportunities benefit both students and employers and help the region develop and retain talent from colleges and universities. GCP Internship Central provides employers and educators best practices on how to design, implement and execute impactful programs. Annually, GCP hosts the Cleveland Internship Summit, the Internship Roundtable, and webinars where employers and institutions can connect.Talent HubThe Talent Hub is a resource where regional employers can find resources to solve critical talent shortages. The Talent Hub is a clearinghouse of workforce providers, curriculum resources, and best practices for companies. 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 56 0 1 84 1 1 1 0 0 0 1 1 0 0 0 X 70 70 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 No 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 Bell Chip Director, Left as of 11/16/20 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 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 Della Ratta Ralph Director, Left as of 5/15/20 1.00 0.00 X 0 0 0 Dolan Paul Director 1.00 0.00 X 0 0 0 Eck James Director 1.00 0.00 X 0 0 0 Fujita Hiroyuki Director 1.00 0.00 X 0 0 0 Gorman Christopher Director 1.00 2.00 X 0 0 0 Harmon Brad Director 1.00 0.00 X 0 0 0 Haslam Dee Director, Left as of 1/17/20 1.00 0.00 X 0 0 0 Heller David Director 1.00 0.00 X 0 0 0 Hilton Mike Director, Left as of 2/12/20 1.00 0.00 X 0 0 0 Johnson Alex Director 1.00 0.00 X 0 0 0 Johnson Kevin Director 1.00 2.00 X 0 0 0 Juliano Elizabeth Director 1.00 0.00 X 0 0 0 Kestner R Steven Director, Left as of 5/15/20 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 Mihaljevic Tomislav Director 1.00 0.00 X 0 0 0 Moll Rob Director 1.00 0.00 X 0 0 0 Montgomery Marvin Director 1.00 0.00 X 0 0 0 Mooney Beth Director, Left as of 4/22/20 1.00 2.00 X 0 0 0 Moreno Bernie Director, Left as of 5/22/20 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 Murphy Merrick Director, Left as of 2/24/20 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 Noonan Anna Director, Left as of 3/10/20 1.00 0.00 X 0 0 0 Opsitnick Timothy Director 1.00 0.00 X 0 0 0 Oscar Lawrence Director 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 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 Ross Mark Director, Left as of 11/16/20 1.00 0.00 X 0 0 0 Rutledge Deborah Director, Left as of 2/12/20 1.00 0.00 X 0 0 0 Safier Rion Director 1.00 2.00 X 0 0 0 Smucker Mark Director 1.00 0.00 X 0 0 0 Snyder Barbara Director, Left as of 10/05/20 1.00 2.00 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 Roman Joseph President 35.00 5.00 X 647019 81770 282168 Ittu Yvette EVP, Finance & Operations 38.00 2.00 X 337304 16412 50187 McGann Martin EVP, Adv. & Strat. Initiatives 40.00 0.00 X 258273 0 45072 Marbury Shana General Counsel & Sr. VP, Talent 36.00 4.00 X 243173 21577 19428 Deb Janik SVP, Business Growth & Development 40.00 0.00 X 252934 0 21767 Megan Kim SVP, Member Devl & Mkting, Exec. Dir. 34.00 6.00 X 197048 34773 19967 Luteran John MVP - Fin., Operations & Air Service 29.00 11.00 X 182506 70412 33293 Federico Paul VP, Corporate & Member Relations 40.00 0.00 X 204252 0 30918 Luca Steven Managing VP - CDA 40.00 0.00 X 183850 0 38360 Binnig Cindy VP Finance & Investor Relations 40.00 0.00 X 159520 0 22843 Cheverine Gina Managing VP - Inclusion 6.00 34.00 X 24386 138186 18475 2690265 363130 582478 27 0 1 0 Accelevate Ventures 2939 Glengary Road Shaker Heights OH 44120 Professional Services 310158 The CJR Group Inc 6604 Westpoint Drive Hudson OH 44236 Professional Services 210000 Korn Ferry NW 5854 PO Box 1450 Minneapolis MN 554855854 Professional Services 175962 Dix & Eaton 200 Public Square Suite 3900 Cleveland OH 44114 Professional Services 173380 Michelle Rose 14807 Shaker Blvd Shaker Heights OH 44120 Professional Services 112000 6 1087677 1087677 Membership Dues 823920 9410175 9410175 Program Revenue 900099 2630340 2436640 193700 JumpStart Next Fund, LLC 523900 23044 23044 Administrative Fees 900099 1010 1010 Advanced Cleveland Dev. Fund 523900 -23525 -23525 12041044 508830 508830 20548 0 20548 20548 20548 2750000 2753985 -3985 -3985 -3985 41136 41136 41136 13695250 11847344 193700 566529 X 2335772 5043043 192766 617689 360823 9073 79444 250022 1876832 38087 217468 68581 440410 31236 151185 859878 83510 Sponsorships 1187781 Memberships 138440 445000 14427040 1500 1500 1014963 1623379 2247054 1555718 500000 500000 400465 345573 13615685 6783145 7216876 6832540 22321925 21626363 1402781 1730036 1988148 2464391 37093712 36679500 2948812 2815676 2969884 2966533 1402781 1730036 7321477 7512245 X 28446313 27933816 1325922 1233439 29772235 29167255 37093712 36679500 -731790 126810 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 9410175 461614 -589464 -127850 752814 -880664 1075600 1075600 4318368 491814 3826554 6083809 4455450 1628359 2137908 1835881 302027 6832540 Investment in ACDF 1568768 C Investment in OCLF 500000 C Investment in Jumpstart NextFund 395623 C 2464391 Deferred Compensation 1730036 1730036 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, 2020 and 2019, 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, 2017 and prior. X X X X X 0 1 0 Roman Joseph President 468243 59177 168904 21346 9872 1247 226608 28639 23901 3020 897528 113429 0 0 Ittu Yvette EVP, Finance & Operations 264084 12850 40294 1961 32926 1601 18214 886 29644 1443 385162 18741 29358 1428 McGann Martin EVP, Adv. & Strat. Initiatives 224067 0 32577 0 1629 0 9850 0 35222 0 303345 0 0 0 Luteran John MVP - Fin., Operations & Air Service 166550 64257 12628 4872 3328 1283 7435 2869 16589 6400 206530 79681 0 0 Marbury Shana General Counsel & Sr. VP, Talent 212099 18820 29243 2595 1831 162 9323 827 8521 757 261017 23161 0 0 Deb Janik SVP, Business Growth & Development 216905 0 32566 0 3463 0 10156 0 11611 0 274701 0 0 0 Megan Kim SVP, Member Devl & Mkting, Exec. Dir 171791 30316 23908 4219 1349 238 7648 1350 9324 1645 214020 37768 0 0 Federico Paul VP, Corporate & Member Relations 144610 0 57181 0 2461 0 8424 0 22494 0 235170 0 0 0 Luca Steven Managing VP - CDA 164196 0 18000 0 1654 0 7674 0 30686 0 222210 0 0 0 Binnig Cindy VP Finance & Investor Relations 141792 0 16500 0 1228 0 6305 0 16538 0 182363 0 0 0 Cheverine Gina Managing VP - Inclusion 23132 131084 988 5601 266 1501 992 5623 1779 10081 27157 153890 0 0 Part I, Line 4b The President, Joseph D. Roman, participates in a supplemental non-qualified retirement plan. No amount was actively paid to him during the year. The change in actuarial value of this benefit was $85,026 for 2020. The Executive Vice President of Finance and Operations, Yvette Ittu, participates in a supplemental non-qualified 457(f) plan. In 2020, the organization contributed $16,902 to her 457(f) plan. 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 II, Section 7(iv), 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 - April 2020) 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 Consulting 1,389,947. Marketing 486,885. 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 5505439 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 53074 1682321 0 0 0.04570 Jumpstart Next Fund LLC 6701 Carnegie Ave Suite 100 Cleveland OH 44103 273815350 Investments in entry stage businesses OH Greater Cleveland Partnership -594 389178 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 1546947 2279058 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 243004 Group Services Inc O 623274 Group Services Inc S 856672 Economic Growth Foundation N 353295 Economic Growth Foundation O 1172585 Economic Growth Foundation R 710055