Nonprofits›Growth Capital Corp
Growth Capital Corp
CLEVELAND, OH
Total revenue
$2.0M
Total expenses
$1.7M
Net assets
$2.6M
Grants received
—
EIN
341567708
Tax year
2024
Mission
To provide financing assistance to area businesses as part of an overall mission to foster economic growth and job creation in northeast ohio.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$1.8M
Investment income$92K
Other revenue$41K
Total revenue$2.0M
Expenses
Grants paid—
Salaries & benefits$992K
Fundraising—
Other expenses$750K
Total expenses$1.7M
Total assets$3.6M
Net assets$2.6M
People
12 listed
NameRoleCompensation
JOHN KROPF
PRESIDENT/EX
Board
$259K
40 hrs/wk
WESLEY GILLESPIE
CHAIR
Board
—
3 hrs/wk
DANIEL PRENDERGAST
TREASURER
Board
—
3 hrs/wk
TIM BRECKNER
DIRECTOR
Board
—
1 hrs/wk
GLORIA GATES
DIRECTOR
Board
—
1 hrs/wk
DAVID KINZEL
DIRECTOR
Board
—
1 hrs/wk
CHRISTOPHER KOLAR
DIRECTOR
Board
—
1 hrs/wk
JAY RUTTER
DIRECTOR
Board
—
1 hrs/wk
KELLY SMITH
DIRECTOR
Board
—
1 hrs/wk
KEVIN SCHMOTZER
DIRECTOR
Board
—
1 hrs/wk
JUAN HERNANDEZ
BUSINESS DEV
Staff
$155K
40 hrs/wk
JEFFREY SOZIO
SBA LOAN OFF
Staff
$125K
40 hrs/wk
Details
EIN341567708
Subsection04
Ruling date1991-09
Formed1981
Employees7
Volunteers9