Civic Intelligence

Gateway Economic Development Corporation of Greater Cleveland

990 • Fiscal year 2024 • EIN 34-1650917

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 17, 2025

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

75th percentile

0.63x

Higher debt load relative to assets than 75% of similar nonprofits.

2024 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

2.31x

Higher debt load relative to revenue than 86% of similar nonprofits.

2024 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

96th percentile

68%

Higher net margin than 96% of similar nonprofits.

2024 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

5th percentile

$166,096

Higher top officer pay than 5% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2024 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

95th percentile

38%

Faster asset growth than 95% of similar nonprofits.

2024 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

98%

Faster revenue growth than 95% of similar nonprofits.

2024 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$591,287,631

Up $208,110,898 (+54%) from 2022

Net Assets

Up

$215,964,709

Up $140,557,617 (+186%) from 2022

Liabilities

Up

$375,322,922

Up $67,553,281 (+22%) from 2022

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin96th percentile

Revenue

Up

$162,797,089

Up $130,594,007 (+406%) from 2022

Expenses

Down

$52,611,972

Down $1,715,189 (-3.2%) from 2022

Net Income

Up

$110,185,117

Up $132,309,196 (+598%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth95th 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

2024

Assets$591,287,631
Liabilities$375,322,922
Net Assets$215,964,709
Open 2024 Filing

Operations Trend

Revenue Growth95th 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

2024

Revenue$162,797,089
Expenses$52,611,972
Net Income$110,185,117
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$162,797,089
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$428,795,599$570,166,221▲ $141,370,622
Rtn Earn Endowment Incm Other Fnds$105,779,592$215,964,709▲ $110,185,117
Savings and Temporary Cash Investments$932,334$20,777,959▲ $19,845,625
Prepaid Expenses and Deferred Charges$76,566$343,451▲ $266,885
Total Assets$429,804,499$591,287,631▲ $161,483,132
Liabilities
Unsecured Notes Loans Payable$309,934,915$322,232,738▲ $12,297,823
Accounts Payable and Accrued Expenses$13,445,120$42,637,955▲ $29,192,835
Deferred Revenue$404,872$10,212,229▲ $9,807,357
Other Liabilities$240,000$240,000→ $0
Total Liabilities$324,024,907$375,322,922▲ $51,298,015
Net Assets / Fund Balance
Total Net Assets Fund Balance$105,779,592$215,964,709▲ $110,185,117
Total Liabilities and Net Assets / Fund Balance$429,804,499$591,287,631▲ $161,483,132

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$378,466,227$406,865,667-
Other Land Buildings$169,027,472--
Land$22,672,522--
Equipment-$111,480-
Compensation and Service Providers
Top Officer Pay5th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Todd GreathouseExecutive DiFT$166,096$166,096
Todd GreathouseExecutive Director-$166,096$166,096
Paul J ValvodaControllerFT$106,791$106,791

Board Members and Trustees

NameTitle
Bonnie TeeuwenTrustee - Pa
Bryce SylvesterTrustee - Pa
Davita RussellTrustee - Pa
Debbie BerryTrustee - Pa
Virginia BenjaminTrustee - Pa

Highest Paid Contractors

ContractorServicesLocationCompensation
Ma Mortenson CoConstruction700 MEADOW LANE N, Minneapolis, MN 55422$111,573,309
Whiting-turner Contracting CoConstruction300 E JOPPA RD, Baltimore, MD 21297$9,479,762
Alpha Video & Audio INCTrades7690 GOLDEN TRIANGLE DRIVE, Eden Prarie, MN 55344$8,451,659
Platform Cement INCConstruction7504 TYLER BLVD, Mentor, OH 44060$3,333,921
Moody NolanArchitechtural300 SPRUCE STREET SUITE 300, Columbus, OH 43215$2,701,601
Revenue and Support

Revenue Composition

Contributions and Grants
$143,898,246
Program Service Revenue
$16,621,998
Investment Income
$15,153
Other Revenue
$2,261,692
Change in Net Assets
$110,185,117

Audited Revenue Reconciliation

Revenue per Audited Statements
$162,797,089
Total Revenue per Audited Statements
$162,797,089
Total Revenue per Form 990
$162,797,089
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$51,140,303
Salaries, Compensation, and Employee Benefits$1,471,669
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$27,578,083--$27,578,083
Interest$12,351,006--$12,351,006
Other Expenses$886,502$156,441-$1,042,943
Other Salaries and Wages$551,426$236,325-$787,751
All Other Expenses$608,045$4,949-$612,994
Other Employee Benefits$211,302$90,558-$301,860
Current Officers, Directors, Trustees, and Key Employees$245,598$27,289-$272,887
Fees for Services Legal$42,324$126,973-$169,297
Occupancy$168,000--$168,000
Insurance$113,463$20,023-$133,486
Payroll Taxes$58,390$25,025-$83,415
Office Expenses$13,470$55,155-$68,625
Pension Plan Contributions$18,029$7,727-$25,756
Fees for Services Other$5,579$16,737-$22,316
Fees for Services Accounting$5,278$15,835-$21,113
Total Functional Expenses$51,828,935$783,037$0$52,611,972

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$52,611,972
Total Expenses per Audited Statements$52,611,972
Total Expenses per Form 990$52,611,972
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
Yes
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 in detail and information verified by the controller prior to submission.”

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

“Trustees and key employees are required to complete fraud and conflict of interest questionaires annually and disclose any potential conflict of interest.”

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
2025-11-17
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
26

Preparer

Firm
True Wealth Design LLC
Address
700 GHENT RD STE 100, FAIRLAWN, OH 44333
Preparer
Mark Wirkus CPA
Phone
3303335900
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“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 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.”

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IRS990/InterestGrp/TotalAmt012351006
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt015153
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015153
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0406977147
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0428795599
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0570166221
IRS990/LandBldgEquipCostOrOtherBssAmt0977143368
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/NetAssetsOrFundBalancesBOYAmt0105779592
IRS990/NetAssetsOrFundBalancesEOYAmt0215964709
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0168000
IRS990/OccupancyGrp/TotalAmt0168000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt055155
IRS990/OfficeExpensesGrp/ProgramServicesAmt013470
IRS990/OfficeExpensesGrp/TotalAmt068625
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt090558
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0211302
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0301860
IRS990/OtherExpensesGrp/Desc0TRANSFORMATION PROJ EXP
IRS990/OtherExpensesGrp/Desc1PROPERTY TAX EXPENSES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3SECURITY EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0156441
IRS990/OtherExpensesGrp/ProgramServicesAmt05458219
IRS990/OtherExpensesGrp/ProgramServicesAmt11809891
IRS990/OtherExpensesGrp/ProgramServicesAmt21704330
IRS990/OtherExpensesGrp/ProgramServicesAmt3886502
IRS990/OtherExpensesGrp/TotalAmt05458219
IRS990/OtherExpensesGrp/TotalAmt11809891
IRS990/OtherExpensesGrp/TotalAmt21704330
IRS990/OtherExpensesGrp/TotalAmt31042943
IRS990/OtherLiabilitiesGrp/BOYAmt0240000
IRS990/OtherLiabilitiesGrp/EOYAmt0240000
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02261692
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02261692
IRS990/OtherRevenueTotalAmt02261692
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0236325
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0551426
IRS990/OtherSalariesAndWagesGrp/TotalAmt0787751
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025025
IRS990/PayrollTaxesGrp/ProgramServicesAmt058390
IRS990/PayrollTaxesGrp/TotalAmt083415
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07727
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt018029
IRS990/PensionPlanContributionsGrp/TotalAmt025756
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt076566
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0343451
IRS990/PrincipalOfficerNm0TODD GREATHOUSE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1531120
IRS990/ProgramServiceRevenueGrp/Desc0CAPITAL IMPROVEMENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1BASE RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011629752
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14992246
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011629752
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14992246
IRS990/ProgSrvcAccomActyOtherGrp/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/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt013641
IRS990/PYOtherExpensesAmt050546551
IRS990/PYOtherRevenueAmt03328627
IRS990/PYProgramServiceRevenueAmt078960009
IRS990/PYRevenuesLessExpensesAmt030372500
IRS990/PYSalariesCompEmpBnftPaidAmt01383226
IRS990/PYTotalExpensesAmt051929777
IRS990/PYTotalRevenueAmt082302277
IRS990/ReconcilationRevenueExpnssAmt0110185117
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt016621998
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0105779592
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0215964709
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0932334
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020777959
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0143898246
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0143898246
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015153
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013641
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03706
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt072
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt095
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt032667
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0144628310
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt0175578267
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt06360169
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt08423275
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt08464363
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt08432214
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt031680021
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0143898246
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06360169
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08423275
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08464363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08432214
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0175578267
IRS990ScheduleA/TotalSupportAmt0175610934
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0378466227
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0406865667
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0785331894
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0111480
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0111480
IRS990ScheduleD/ExpensesSubtotalAmt052611972
IRS990ScheduleD/LandGrp/BookValueAmt022672522
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt022672522
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0169027472
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0169027472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0240000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0162797089
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0570166221
IRS990ScheduleD/TotalExpensesPerForm990Amt052611972
IRS990ScheduleD/TotalLiabilityAmt0240000
IRS990ScheduleD/TotalRevenuePerForm990Amt0162797089
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0162797089
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt052611972
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0166096
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TODD GREATHOUSE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0166096
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GATEWAY 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 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/ExplanationTxt2FORM 990 IS REVIEWED IN DETAIL AND INFORMATION VERIFIED BY THE CONTROLLER PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE FRAUD AND CONFLICT OF INTEREST QUESTIONAIRES ANNUALLY AND DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEW PERFORMED BY DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REVIEW PERFORMED BY DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 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/TotalAssetsBOYAmt0429804499
IRS990/TotalAssetsEOYAmt0591287631
IRS990/TotalAssetsGrp/BOYAmt0429804499
IRS990/TotalAssetsGrp/EOYAmt0591287631
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0143898246
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0783037
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt051828935
IRS990/TotalFunctionalExpensesGrp/TotalAmt052611972
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0324024907
IRS990/TotalLiabilitiesEOYAmt0375322922
IRS990/TotalLiabilitiesGrp/BOYAmt0324024907

Document Assets

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Filings

Displayed year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$591,287,631
Liabilities
$375,322,922
Net assets
$215,964,709
Revenue
$162,797,089
Expenses
$52,611,972
Net income
$110,185,117
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
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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