Gateway Economic Development Corporation Of Greater Cleveland
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,133,983 | 31,299,472 | −11,165,489 | -62.8 | 1% |
| 2012 | 18,505,903 | 37,040,648 | −18,534,745 | -59.1 | 1% |
| 2013 | 19,084,226 | 31,800,296 | −12,716,070 | -66.8 | 1% |
| 2014 | 19,579,074 | 34,460,910 | −14,881,836 | -66.9 | 1% |
| 2015 | 72,412,239 | 37,431,389 | 34,980,850 | -50.4 | 1% |
| 2016 | 73,104,704 | 40,761,946 | 32,342,758 | -36.7 | 1% |
| 2017 | 47,820,761 | 40,717,503 | 7,103,258 | -34.7 | 1% |
| 2018 | 126,298,393 | 32,020,085 | 94,278,308 | -8.8 | 2% |
| 2019 | 173,873,362 | 32,465,366 | 141,407,996 | 43.6 | 2% |
| 2020 | 46,953,957 | 36,814,355 | 10,139,602 | 41.8 | 2% |
| 2021 | 30,122,951 | 60,760,724 | −30,637,773 | 19.3 | 1% |
| 2022 | 32,203,082 | 54,327,161 | −22,124,079 | 16.7 | 2% |
| 2023 | 82,302,277 | 51,929,777 | 30,372,500 | 24.4 | 2% |
In its most recent public year (2023), this organization brought in $30,372,500 more than it spent. Its reserves stood at about 24.4 months of spending, up from -62.8 in 2011. Staff pay was 2% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Gateway Economic Development Corporation Of Greater Cleveland's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works