Public Charity

GATEWAY ECONOMIC DEVELOPMENT CORPORATION OF GREATER CLEVELAND

GATEWAY ECONOMIC DEVELOPMENT CORPORATION OF GREATER CLEVELAND, of CLEVELAND, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $162.8M in revenue, $52.6M in expenses, $591.3M in total assets.

EIN: 341650917 CLEVELAND, OH Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$162.8M
Total Expenses$52.6M
Total Assets$591.3M
Grant Records0
Filing Years2019–2024

Mission

PROMOTE ECONOMIC DEVELOPMENT IN ORDER TO PREVENT THE CONDITIONS OF BLIGHT AND DETERIORATION HISTORICALLY EXISTING IN THE AREA.

Where $100 goes at Gateway Economic Development Corporation of Greater Cleveland

How Gateway Economic Development Corporation of Greater Cleveland 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

$50
Gateway economic development corporation of Cleveland is organized to construct, own and provide for the operation of a sports facility, which includes a baseball stadium, arena and a…
50% of program spending
$49
Gateway economic development corporation of Cleveland is organized to construct, own and provide for the operation of a sports facility, which includes a baseball stadium, arena and a…
About 50% (cost not reported)
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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

TRUSTEE - PA Bonnie Teeuwen
TRUSTEE - PA Bryce Sylvester
TRUSTEE - PA Davita Russell
TRUSTEE - PA Debbie Berry
CONTROLLER Paul J Valvoda
EXECUTIVE DI Todd Greathouse

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $162.8M $52.6M $591.3M
2023 $82.3M $51.9M $429.8M
2022 $32.2M $54.3M $383.2M
2020 $47.0M $36.8M $429.6M
2019 $173.9M $32.5M $424.6M

Between 2019 and 2024, reported annual revenue declined from $173.9M to $162.8M (-6%), with total assets most recently reported at $591.3M.

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

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