Overview

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Est.

1990

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Gateway Economic Development Corporation of Greater Cleveland (EIN: 34-1650917) is a nonprofit organization focused on urban development with the mission to promote economic development and prevent conditions of blight and deterioration in the Greater Cleveland area. With an operating budget of $52.6 million and total revenue of $162.8 million for the 2024 filing year, the organization plays a significant role in enhancing the local economy. More information can be found on their website, gwcomplex.org.

Mission Statement

PROMOTE ECONOMIC DEVELOMENT IN ORDER TO PREVENT THE CONDITIONS OF BLIGHT AND DETERIORATION HISTORICALLY EXISTING IN THE AREA.
Revenues
$162.8M
Expenses
$52.6M
Net Income:
+$110.2M
Assets
$591.3M
Liabilities
$375.3M
Net Assets:
+$216M
Operating Budget
$52.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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T
Todd Greathouse
Board Member
P
Paul J Valvoda
Board Member
D
Davita Russell
Board Member

Frequently Asked Questions

What is GATEWAY ECONOMIC DEVELOPMENT CORPORATION OF GREATER CLEVELAND’s budget?
In 2024, GATEWAY ECONOMIC DEVELOPMENT CORPORATION OF GREATER CLEVELAND reported an annual operating budget of around $52.6 million. More detailed financial information is available to registered users.
What causes does GATEWAY ECONOMIC DEVELOPMENT CORPORATION OF GREATER CLEVELAND support?
GATEWAY ECONOMIC DEVELOPMENT CORPORATION OF GREATER CLEVELAND supports work in Urban development.
Where does GATEWAY ECONOMIC DEVELOPMENT CORPORATION OF GREATER CLEVELAND operate?
GATEWAY ECONOMIC DEVELOPMENT CORPORATION OF GREATER CLEVELAND is headquartered in Cleveland, OH.
What is GATEWAY ECONOMIC DEVELOPMENT CORPORATION OF GREATER CLEVELAND’s reliance on government grants?
GATEWAY ECONOMIC DEVELOPMENT CORPORATION OF GREATER CLEVELAND relied on government grants for more than 85% of their total revenue in 2024.