NonprofitsTeam Neo Foundation

Community Improvement & Capacity Building

Team Neo Foundation

CLEVELAND, OH

Total revenue

$8.0M

Total expenses

$8.0M

Net assets

$2.1M

Grants received

$3.2M

48 grants

EIN

341885407

Tax year

2024

Mission

Team NEO Foundations mission is to enhance the economy of Northeast Ohio by collaborating with our Network Partners and others to attract new businesses, help those that are here grow and accelerate the impact of innovation in the region.

Programs

3 programs

Promote and Engage the Region - Telling stories, promoting assets and sharing data insights to advance Team NEO, lift our partners and improve Northeast Ohios regional competitiveness and prosperity.

Expenses: $1.1M

Grow a Pipeline of Competitive Sites - Impact the regional landscape through thoughtful commercial and industrial development in locations that are driving a competitive region and offering more equitable opportunities.

Expenses: $568K

Address the Talent Supply-Demand Gap - Growing regional talent alignment through better data and coordinated strategies.

Expenses: $720K

Financials

FY 2024

Revenue

Contributions & grants$7.3M
Program service revenue$282K
Investment income$19K
Other revenue$404K
Total revenue$8.0M

Expenses

Grants paid
Salaries & benefits$5.2M
Fundraising$351K
Other expenses$2.9M
Total expenses$8.0M
Total assets$3.9M
Net assets$2.1M

People

50 listed

NameRoleCompensation

William Koehler

CEO

Board

$368K

40 hrs/wk

Laura Hudak

Asst Secr/Treas

Board

$169K

40 hrs/wk

Robert Davis

Director

Board

1 hrs/wk

Ray Hexamer

Partner Director

Board

1 hrs/wk

Tom Partridge

Director

Board

1 hrs/wk

Gary Small

Director

Board

1 hrs/wk

Kelly Lamirand

Director

Board

1 hrs/wk

Guy Coviello

Partner Director

Board

1 hrs/wk

Steve Millard

Partner Director

Board

1 hrs/wk

Jeroen Diderich

Director

Board

1 hrs/wk

Dr Todd Diacon

Director

Board

1 hrs/wk

Bill Epling

Director

Board

1 hrs/wk

Eric Logan

Director

Board

1 hrs/wk

Kevin Martin

Director

Board

1 hrs/wk

Marc Merklin

Director

Board

1 hrs/wk

Ron Paydo

Director

Board

1 hrs/wk

Glenn Richardson

Director

Board

1 hrs/wk

Ariane Kirkpatrick

Director

Board

1 hrs/wk

Carol Caruso

Director

Board

1 hrs/wk

Rajiv Prasad

Director

Board

1 hrs/wk

Baiju Shah

Partner Director

Board

1 hrs/wk

Bethia Burke

Partner Director

Board

1 hrs/wk

James Gasior

Director

Board

1 hrs/wk

Charles George

Director

Board

1 hrs/wk

Wendell Robinson Jr

Director

Board

1 hrs/wk

Brendan Buescher

Director

Board

1 hrs/wk

Aaron Swartz

Director

Board

1 hrs/wk

Daniel Weekley

Director

Board

1 hrs/wk

Jodi Berg

Chair Emeritus

Board

2.5 hrs/wk

Peter Broer

Chair Emeritus

Board

2.5 hrs/wk

Kimberly Riley

Chair

Board

2.5 hrs/wk

Allen Mistysyn

Vice Chair

Board

2.5 hrs/wk

Don Taylor

Vice Chair

Board

2.5 hrs/wk

Andy Jones

Secretary

Board

2.5 hrs/wk

Doug Sibila

Treasurer

Board

2.5 hrs/wk

Damian Thomas

Director

Board

1 hrs/wk

Frank Carrino

Director

Board

1 hrs/wk

Christopher Bast

Director

Board

1 hrs/wk

Dr Albert Green

Director

Board

1 hrs/wk

Dr Marcia Ballinger

Director

Board

1 hrs/wk

Christine Nelson

VP, Project Mgt, Site Strategies & Talent

Staff

$186K

40 hrs/wk

Jacob Duritsky

VP, Strategy and Research

Staff

$176K

40 hrs/wk

Steven Fritsch

VP, Industry Advancement & Engagement

Staff

$171K

40 hrs/wk

Mark Owens

VP, Marketing & Communications

Staff

$162K

40 hrs/wk

Dawn Southard

VP, Investor Relations

Staff

$158K

40 hrs/wk

Walter Good

Managing Director, Project Management

Staff

$143K

40 hrs/wk

Mindy McLaughlin

Managing Director, Global Business Development

Staff

$142K

40 hrs/wk

Renee Ligon

Senior Director, Partnerships & Engagement

Staff

$120K

40 hrs/wk

Bryce Sylvester

Senior Director, Site Strategies

Staff

$110K

40 hrs/wk

Sylvio Mecone

Senior Director, Business Development

Staff

$103K

40 hrs/wk

Independent contractors

Baruch Superior LLC

Rent

$147K

Grants received

Showing 48 of 48

FromAmountPurposeYear
$125K
CHARITABLE DONATION
2024
$62K
ATTRACT AND EXPAND NORTHEAST OHIO
2024
$25K
PUBLIC, SOCIETAL BENEFIT
2024
$25K
GENERAL OPERATING
2024
$15K
TEAM NEO 2024 INVESTEOR PARTNERSHIP
2024
$12K
GENERAL SUPPORT; FOR THE STAFF INCENTIVE POOL FOR 2024 INCENTIVES
2024
$125K
2023-2024 GENERAL OPERATING SUPPORT FOR TEAM NEO STRATEGIC PLAN
2023
$125K
CHARITABLE DONATION
2023
$100K
TO FURTHER THE CHARIATABLE PURPOSE OF THE ORGANIZATION
2023
$60K
ATTRACT AND EXPAND NORTHEAST OHIO
2023
$60K
General operating support
2023
$41K
CHARITABLE DONATION
2023
$25K
GENERAL SUPPORT
2023
$15K
TEAM NEO 2022 INVESTMENT PARTNER
2023
$15K
CORPORATE DONATION
2023
$10K
PROGRAM/PROJECT SUPPORT
2023
$125K
2023-2024 GENERAL OPERATING SUPPORT FOR TEAM NEO STRATEGIC PLAN
2022
$125K
CHARITABLE DONATION
2022
$112K
TO FURTHER THE CHARIATABLE PURPOSE OF THE ORGANIZATION
2022
$63K
Economic Development
2022
$60K
ATTRACT AND EXPAND NORTHEAST OHIO
2022
$30K
job preparation, research
2022
$20K
GENERAL SUPPORT
2022
$20K
CHARITABLE DONATION
2022
$15K
TEAM NEO 2022 INVESTMENT PARTNER COMMITMENT
2022
$15K
PROGRAM/PROJECT SUPPORT
2022
$15K
CORPORATE DONATION
2022
$125K
TWO-YEAR OPERATING SUPPORT
2021
$60K
ATTRACT AND EXPAND NORTHEAST OHIO
2021
$250K
CHARITABLE DONATION
2020
$125K
TWO-YEAR OPERATING SUPPORT
2020
$100K
TO FURTHER THE CHARIATABLE PURPOSE OF THE ORGANIZATION
2020
$60K
ATTRACT AND EXPAND NORTHEAST OHIO
2020
$40K
CHARITABLE DONATION
2020
$35K
Economic development
2020
$15K
CORPORATE DONATION
2020
$12K
PROJECT SUPPORT
2020
$10K
TEAM NEO 2020 INVESTMENT PARTNER COMMITMENT
2020
$125K
FOR A CONTINUED INTEGRATED NEO RETENTION & EXPANSION SYSTEM
2019
$60K
ATTRACT AND EXPAND NORTHEAST OHIO
2019
$60K
ATTRACT AND EXPAND NORTHEAST OHIO
2018
$10K
SUPPORT OF PROGRAMS FOR
2018
$125K
HELP FUND THE RECS (REGIONAL ECONOMIC COMPETITIVENESS STRATEGY)
2017

Funded by

$3.2M from 15 funders · 48 grants · 2017–2024

Timken Foundation Of Canton

$750K · 6 grants · 2017–2023

Fund For Our Economic Future Of

$505K · 4 grants · 2020–2024

Stark Economic Development Board Inc

$422K · 7 grants · 2018–2024

Delta Dental Plan of Ohio Inc

$375K · 3 grants · 2022–2024

Greater Akron Chamber

$312K · 3 grants · 2020–2023

Delta Dental Plan Of Michigan Inc

$250K · 1 grant · 2020

The Westfield Insurance Foundation

$158K · 3 grants · 2020–2023

Charities Aid Foundation America

$101K · 3 grants · 2020–2023

Details

EIN341885407
NTEE codeS30
Subsection03
Ruling date2000-06
Formed2003
Employees40
Volunteers0
TEAM NEO FOUNDATION — Mission, Financials & Grants Received | Grantivo