Civic Intelligence

Gateway Economic Development Corporation of Greater Cleveland

990 • Fiscal year 2021 • EIN 34-1650917

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 31, 2022

Organization ProfileGWCOMPLEX.ORG

Refreshing map…

758 Bolivar RoadCleveland, OH 44115

(216) 420-4071

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.76x

Higher debt load relative to assets than 83% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

10.09x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Net Margin

1st percentile

-102%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

4th percentile

$150,858

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Asset Growth

5th percentile

-6.6%

Faster asset growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-36%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$401,423,840

Down $28,222,080 (-6.6%) from 2020

Net Assets

Down

$97,531,171

Down $30,637,773 (-24%) from 2020

Liabilities

Up

$303,892,669

Up $2,415,693 (+0.8%) from 2020

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin1st percentile

Revenue

Down

$30,122,951

Down $16,831,006 (-36%) from 2020

Expenses

Up

$60,760,724

Up $23,946,369 (+65%) from 2020

Net Income

Down

-$30,637,773

Down $40,777,375 (-402%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0-$200MAssets 2010: $165,119,907Liabilities 2010: $317,695,564Net Assets 2010: -$152,575,6572010Assets 2011: $154,973,592Liabilities 2011: $318,714,738Net Assets 2011: -$163,741,1462011Assets 2012: $144,780,681Liabilities 2012: $327,056,572Net Assets 2012: -$182,275,8912012Assets 2013: $130,467,000Liabilities 2013: $307,596,890Net Assets 2013: -$177,129,8902013Assets 2014: $134,858,851Liabilities 2014: $326,942,680Net Assets 2014: -$192,083,8292014Assets 2015: $151,837,437Liabilities 2015: $308,940,415Net Assets 2015: -$157,102,9782015Assets 2016: $179,427,480Liabilities 2016: $304,187,700Net Assets 2016: -$124,760,2202016Assets 2017: $185,976,456Liabilities 2017: $303,633,418Net Assets 2017: -$117,656,9622017Assets 2018: $276,474,909Liabilities 2018: $299,853,563Net Assets 2018: -$23,378,6542018Assets 2019: $424,574,050Liabilities 2019: $306,544,708Net Assets 2019: $118,029,3422019Assets 2020: $429,645,920Liabilities 2020: $301,476,976Net Assets 2020: $128,168,9442020Assets 2021: $401,423,840Liabilities 2021: $303,892,669Net Assets 2021: $97,531,1712021Assets 2022: $383,176,733Liabilities 2022: $307,769,641Net Assets 2022: $75,407,0922022Assets 2024: $591,287,631Liabilities 2024: $375,322,922Net Assets 2024: $215,964,7092024

Highlighted filing

2021

Assets$401,423,840
Liabilities$303,892,669
Net Assets$97,531,171
Open 2021 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200M$100M$0-$100MExpenses 2010: $34,660,7902010Expenses 2011: $31,299,4722011Expenses 2012: $37,040,6482012Revenue 2013: $19,084,226Expenses 2013: $31,800,296Net Income 2013: -$12,716,0702013Revenue 2014: $19,579,074Expenses 2014: $34,460,910Net Income 2014: -$14,881,8362014Revenue 2015: $72,412,239Expenses 2015: $37,431,389Net Income 2015: $34,980,8502015Revenue 2016: $73,104,704Expenses 2016: $40,761,946Net Income 2016: $32,342,7582016Revenue 2017: $47,820,761Expenses 2017: $40,717,503Net Income 2017: $7,103,2582017Revenue 2018: $126,298,393Expenses 2018: $32,020,085Net Income 2018: $94,278,3082018Revenue 2019: $173,873,362Expenses 2019: $32,465,366Net Income 2019: $141,407,9962019Revenue 2020: $46,953,957Expenses 2020: $36,814,355Net Income 2020: $10,139,6022020Revenue 2021: $30,122,951Expenses 2021: $60,760,724Net Income 2021: -$30,637,7732021Revenue 2022: $32,203,082Expenses 2022: $54,327,161Net Income 2022: -$22,124,0792022Revenue 2024: $162,797,089Expenses 2024: $52,611,972Net Income 2024: $110,185,1172024

Highlighted filing

2021

Revenue$30,122,951
Expenses$60,760,724
Net Income-$30,637,773
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 31, 2022
Return Version
2021v4.0
Gross Receipts
$30,122,951
Mission and Program Overview

Mission

Promote economic development

Promote economic develoment in order to prevent the conditions of blight and deterioration historically existing in the area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$428,727,537$400,557,031▼ $28,170,506
Rtn Earn Endowment Incm Other Fnds$128,168,944$97,531,171▼ $30,637,773
Savings and Temporary Cash Investments$834,489$797,058▼ $37,431
Prepaid Expenses and Deferred Charges$83,894$69,751▼ $14,143
Total Assets$429,645,920$401,423,840▼ $28,222,080
Liabilities
Unsecured Notes Loans Payable$299,203,802$301,683,465▲ $2,479,663
Accounts Payable and Accrued Expenses$1,859,653$1,605,199▼ $254,454
Deferred Revenue$173,521$364,005▲ $190,484
Other Liabilities$240,000$240,000→ $0
Total Liabilities$301,476,976$303,892,669▲ $2,415,693
Net Assets / Fund Balance
Total Net Assets Fund Balance$128,168,944$97,531,171▼ $30,637,773
Total Liabilities and Net Assets / Fund Balance$429,645,920$401,423,840▼ $28,222,080

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$377,440,393$358,625,066-
Other Land Buildings$8,589--
Land$23,108,049--
Equipment-$111,480-
Compensation and Service Providers
Top Officer Pay4th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Todd GreathouseExecutive DiFT$150,858$150,858
Todd GreathouseExecutive Director-$150,858$150,858
Brian KellyControllerFT$129,143$129,143

Board Members and Trustees

NameTitle
David EbersoleTrustee - Pa
Davita RussellTrustee - Pa
Ken SillimanTrustee - Pa
Matt CarrollTrustee - Pa
Teri AcostaTrustee - Pa

Highest Paid Contractors

ContractorServicesLocationCompensation
Relmec Mechanical LLCConstruction4975 HAMILTON AVE, SUITE 200, Cleveland, OH 44114$3,836,478
Whiting-turner Contracting CoConstructionPO BOX 17596, E-6B, Baltimore, MD 21297$3,353,912
LogicalisWireless Serv2600 S TELEGRAPH, Bloomfield Hills, MI 48302$844,844
Securitas Security Services USASecurityPO BOX 403412, Atlanta, GA 30384$510,973
Creative Concepts Flooring SystemsCosntruction620 E SMITH ROAD, Medina, OH 44256$479,256
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$27,727,601
Investment Income
$72
Other Revenue
$2,395,278
Change in Net Assets
$-30,637,773

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,122,951
Total Revenue per Audited Statements
$30,122,951
Total Revenue per Form 990
$30,122,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$59,838,330
Salaries, Compensation, and Employee Benefits$922,394
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$28,707,164--$28,707,164
Interest$10,945,430--$10,945,430
Other Expenses$1,572,383--$1,572,383
All Other Expenses$626,368$115,425-$741,793
Other Salaries and Wages$287,924$141,814-$429,738
Current Officers, Directors, Trustees, and Key Employees$192,127$87,874-$280,001
Other Employee Benefits$106,809$52,608-$159,417
Fees for Services Legal$33,754$101,263-$135,017
Payroll Taxes$35,669$17,569-$53,238
Fees for Services Other$12,591$37,777-$50,368
Office Expenses$11,261$36,030-$47,291
Insurance$21,344$3,767-$25,111
Fees for Services Accounting$4,651$13,954-$18,605
Total Functional Expenses$60,152,643$608,081$0$60,760,724

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$60,760,724
Total Expenses per Audited Statements$60,760,724
Total Expenses per Form 990$60,760,724
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Deposits$240,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

“Line 11b. A review of form 990 is performed by the directors for approval. Line 15b. Compensation review is performed by the directors. Line 19. Documents are available to the public upon request.”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed by the directors for approval.”

Form 990, Page 6, Part VI, Line 12C

“Ongoing review of directors and employees”

Form 990, Page 6, Part VI, Line 15A

“Review performed by directors”

Form 990, Page 6, Part VI, Line 15B

“Review performed by directors”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Gateway Economic Development
EIN
34-1650917
Phone
2164204071
Address
758 BOLIVAR ROAD, CLEVELAND, OH 44115

Signing Officer

Name
Todd Greathouse
Title
Executive Director
Phone
2164204072
Signed
2022-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Greathouse
Formed
1990
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
15

Preparer

Firm
Donovan Klimczak and Company
Address
581 BOSTON MILLS RD STE 100, HUDSON, OH 44236-1193
Preparer
Mark Wirkus CPA
Phone
3306551395
Raw XML AppendixShowing 400 of 453 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01859653
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01605199
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTE ECONOMIC DEVELOMENT IN ORDER TO PREVENT THE CONDITIONS OF BLIGHT AND DETERIORATION HISTORICALLY EXISTING IN THE AREA.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0115425
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0626368
IRS990/AllOtherExpensesGrp/TotalAmt0741793
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0TODD GREATHOUSE
IRS990/BooksInCareOfDetail/PhoneNum02164204071
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0758 BOLIVAR
IRS990/BooksInCareOfDetail/USAddress/CityNm0CLEVELAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044115
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt016
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt087874
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0192127
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0280001
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt03836478
IRS990/ContractorCompensationGrp/CompensationAmt13353912
IRS990/ContractorCompensationGrp/CompensationAmt2844844
IRS990/ContractorCompensationGrp/CompensationAmt3510973
IRS990/ContractorCompensationGrp/CompensationAmt4479256
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt04975 HAMILTON AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 17596
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt22600 S TELEGRAPH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO BOX 403412
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4620 E SMITH ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt0SUITE 200
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt1E-6B
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CLEVELAND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1BALTIMORE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2BLOOMFIELD HILLS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3ATLANTA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4MEDINA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd044114
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd121297
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd248302
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd330384
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd444256
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0RELMEC MECHANICAL LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1WHITING-TURNER CONTRACTING CO
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2LOGICALIS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3SECURITAS SECURITY SERVICES USA
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4CREATIVE CONCEPTS FLOORING SYSTEMS
IRS990/ContractorCompensationGrp/ServicesDesc0CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc1CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc2WIRELESS SERV
IRS990/ContractorCompensationGrp/ServicesDesc3SECURITY
IRS990/ContractorCompensationGrp/ServicesDesc4COSNTRUCTION
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt072
IRS990/CYOtherExpensesAmt059838330
IRS990/CYOtherRevenueAmt02395278
IRS990/CYProgramServiceRevenueAmt027727601
IRS990/CYRevenuesLessExpensesAmt0-30637773
IRS990/CYSalariesCompEmpBnftPaidAmt0922394
IRS990/CYTotalExpensesAmt060760724
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt030122951
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0173521
IRS990/DeferredRevenueGrp/EOYAmt0364005
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt028707164
IRS990/DepreciationDepletionGrp/TotalAmt028707164
IRS990/Desc0GATEWAY 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 JOINT DEVELOPMENT SITE. THE SPORTS FACILITY WAS BUILT IN ORDER TO PREVENT THE SPREAD OF BLIGHT AND DETERIORATION HISTORICALLY EXISTING IN THE AREA. IN THIS WAY, THE CORPORATION IS LESSENING THE BURDENS OF GOVERNMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt015
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt060152643
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013954
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04651
IRS990/FeesForServicesAccountingGrp/TotalAmt018605
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0101263
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt033754
IRS990/FeesForServicesLegalGrp/TotalAmt0135017
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt037777
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt012591
IRS990/FeesForServicesOtherGrp/TotalAmt050368
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0TODD GREATHOUSE
IRS990/Form990PartVIISectionAGrp/PersonNm1BRIAN KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm2KEN SILLIMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3TERI ACOSTA
IRS990/Form990PartVIISectionAGrp/PersonNm4MATT CARROLL
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID EBERSOLE
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVITA RUSSELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0150858
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1129143
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE - PA
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE - PA
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE - PA
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE - PA
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE - PA
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt030122951
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03767
IRS990/InsuranceGrp/ProgramServicesAmt021344
IRS990/InsuranceGrp/TotalAmt025111
IRS990/InterestGrp/ProgramServicesAmt010945430
IRS990/InterestGrp/TotalAmt010945430
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt072
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt072
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0358736546
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0428727537
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0400557031
IRS990/LandBldgEquipCostOrOtherBssAmt0759293577
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTE ECONOMIC DEVELOPMENT IN ORDER TO PREVENT THE CONDITIONS OF BLIGHT AND DETERIORATION HISTORICALLY EXISTING IN THE AREA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0128168944
IRS990/NetAssetsOrFundBalancesEOYAmt097531171
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt036030
IRS990/OfficeExpensesGrp/ProgramServicesAmt011261
IRS990/OfficeExpensesGrp/TotalAmt047291
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt052608
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0106809
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0159417
IRS990/OtherExpensesGrp/Desc0LOSS DISPOSAL OF ASSETS
IRS990/OtherExpensesGrp/Desc1TRANSFORMATION PROJ EXP
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3PROPERTY TAX EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt09562611
IRS990/OtherExpensesGrp/ProgramServicesAmt15458038
IRS990/OtherExpensesGrp/ProgramServicesAmt22574519
IRS990/OtherExpensesGrp/ProgramServicesAmt31572383
IRS990/OtherExpensesGrp/TotalAmt09562611
IRS990/OtherExpensesGrp/TotalAmt15458038
IRS990/OtherExpensesGrp/TotalAmt22574519
IRS990/OtherExpensesGrp/TotalAmt31572383
IRS990/OtherLiabilitiesGrp/BOYAmt0240000
IRS990/OtherLiabilitiesGrp/EOYAmt0240000
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1PPP LOAN FORGIVENESS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02203706
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1191572
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02203706
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1191572
IRS990/OtherRevenueTotalAmt02395278
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0141814
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0287924
IRS990/OtherSalariesAndWagesGrp/TotalAmt0429738
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017569
IRS990/PayrollTaxesGrp/ProgramServicesAmt035669
IRS990/PayrollTaxesGrp/TotalAmt053238
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt083894
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt069751
IRS990/PrincipalOfficerNm0TODD GREATHOUSE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1531120
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3531120
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0CAPITAL IMPROVEMENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1ADMISSION TAX
IRS990/ProgramServiceRevenueGrp/Desc2TRANSFORMATION PROJECT REV
IRS990/ProgramServiceRevenueGrp/Desc3BASE RENT
IRS990/ProgramServiceRevenueGrp/Desc4CAPITAL ALTERATION REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08737015
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18464363
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25458038
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34122836
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4945349
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08737015
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18464363
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25458038
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34122836
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4945349
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt095
IRS990/PYOtherExpensesAmt035818535
IRS990/PYOtherRevenueAmt01701886
IRS990/PYProgramServiceRevenueAmt045251976
IRS990/PYRevenuesLessExpensesAmt010139602
IRS990/PYSalariesCompEmpBnftPaidAmt0995820
IRS990/PYTotalExpensesAmt036814355
IRS990/PYTotalRevenueAmt046953957
IRS990/ReconcilationRevenueExpnssAmt0-30637773
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt027727601
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0128168944
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt097531171
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0834489
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0797058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt072
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt095
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0425
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0319
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0145
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01056
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt030122951
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt055937673
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt08464363
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt08432214
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt010004756
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt016190429
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt012845911
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt055937673
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08464363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt08432214
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010004756
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt016190429
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt012845911
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt055937673
IRS990ScheduleA/TotalSupportAmt055938729
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0377440393
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0358625066
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0736065459
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0111480
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0111480
IRS990ScheduleD/ExpensesSubtotalAmt060760724
IRS990ScheduleD/LandGrp/BookValueAmt023108049
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt023108049
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08589
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt08589
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0240000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt030122951
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0400557031
IRS990ScheduleD/TotalExpensesPerForm990Amt060760724
IRS990ScheduleD/TotalLiabilityAmt0240000
IRS990ScheduleD/TotalRevenuePerForm990Amt030122951
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt030122951
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt060760724
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0150858
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TODD GREATHOUSE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0150858
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11B. A REVIEW OF FORM 990 IS PERFORMED BY THE DIRECTORS FOR APPROVAL. LINE 15B. COMPENSATION REVIEW IS PERFORMED BY THE DIRECTORS. LINE 19. DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE DIRECTORS FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ONGOING REVIEW OF DIRECTORS AND EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW PERFORMED BY DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEW PERFORMED BY DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0429645920
IRS990/TotalAssetsEOYAmt0401423840
IRS990/TotalAssetsGrp/BOYAmt0429645920
IRS990/TotalAssetsGrp/EOYAmt0401423840
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0608081
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt060152643
IRS990/TotalFunctionalExpensesGrp/TotalAmt060760724
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0301476976
IRS990/TotalLiabilitiesEOYAmt0303892669
IRS990/TotalLiabilitiesGrp/BOYAmt0301476976
IRS990/TotalLiabilitiesGrp/EOYAmt0303892669
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0128168944

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$401,423,840
Liabilities
$303,892,669
Net assets
$97,531,171
Revenue
$30,122,951
Expenses
$60,760,724
Net income
-$30,637,773
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$591$375$216$163$52.6$110
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$383$308$75.4$32.2$54.3$22.1
2021Detailed filing. Detailed filing data is available for this year.$401$304$97.5$30.1$60.8$30.6
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$430$301$128$47.0$36.8$10.1
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$425$307$118$174$32.5$141
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$276$300$23.4$126$32.0$94.3
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$186$304$118$47.8$40.7$7.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$179$304$125$73.1$40.8$32.3
2015Detailed filing. Detailed filing data is available for this year.$152$309$157$72.4$37.4$35.0
2014Detailed filing. Detailed filing data is available for this year.$135$327$192$19.6$34.5$14.9
2013Detailed filing. Detailed filing data is available for this year.$130$308$177$19.1$31.8$12.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$145$327$182$37.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$155$319$164$31.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$165$318$153$34.7