Public Charity

SPORTS EVENT DEVELOPMENT FUND

SPORTS EVENT DEVELOPMENT FUND is a nonprofit organization categorized as Public Charity based in CLEVELAND, OH. Its most recent IRS filing (2024) reports revenue of $1.5M, expenses of $654K, total assets of $4.3M. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $4.9M.

EIN: 270531612 CLEVELAND, OH Single Organization Support NTEE: S11 Latest filing: 2024
Total Revenue$1.5M
Total Expenses$654K
Total Assets$4.3M
Grant Records5
Funding Total$4.9M
Filing Years2019–2024

Mission

THE SPORTS EVENT DEVELOPMENT FUND SUPPORTS THE GREATER CLEVELAND SPORTS COMMISSION AND ITS MISSION TO MEASURABLY IMPROVE THE ECONOMY OF GREATER CLEVELAND AND ENRICH THE COMMUNITY BY ATTRACTING, CREATING, MANAGING AND ENHANCING SIGNIFICANT SPORTING AND COMPETITIVE EVENTS.

Where $100 goes at Sports Event Development Fund

How Sports Event Development Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$99
The organization supports the operations and furthers the exempt purposes of the greater Cleveland sports commission, which attracts amateur and professional sporting events to Cleveland and northeastern ohio
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Bob Klonk
PRESIDENT David Gilbert
SECRETARY Doug Neary
BOARD CHAIR Fred Disanto
VICE CHAIR Mike Gibbons

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,915,750 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.5M $654K $4.3M
2023 $460K $28K $3.5M
2022 $1.0M $528K $2.9M
2020 $139K $14K $3.2M
2019 $213K $427K $3.1M

Between 2019 and 2024, reported annual revenue grew from $213K to $1.5M (+592%), with total assets most recently reported at $4.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for SPORTS EVENT DEVELOPMENT FUND

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