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Team NEO Foundation

Public charity990-T FY2023
Community Development · CLEVELAND, OH · EIN 34-1885407

About

Team NEO Foundation enhances the economy of Northeast Ohio by collaborating with our partners and others to attract new businesses, help those that are here grow and accelerate the impact of innovation in the region. We also help bring together local, regional and state resources to raise the profile of the region and make the case of investment in Northeast Ohio, focusing on proven businesses that will contribute to the regions success. Our Board serves as the Regional Table for Business and Philanthropy around which challenges regarding economic competitiveness are identified, prioritized and advanced.

Donations are tax-deductible
Category
Community Development
Employees
40
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$8.0M
Expenses
$8.0M
Assets
$3.9M
Liabilities
$1.8M

Financial history

$8.2M$4.1M$0
222324
RevenueExpenses
Latest FY2024: $8.0M · Peak FY2023: $8.0M · Avg: $8.0M
TEAM NEO FOUNDATION
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Address

1111 Superior Avenue
Cleveland, OH, 44114-252

Governance

Voting board members36
Independent members36
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %0.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
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