Program areas at Magnet / Manufacturing Advocacy & Growth Network Inc
Growth services: Magnet is an organization dedicated to helping manufacturers grow and compete in 24 counties in northeast Ohio. As part of the Ohio Manufacturing extension partnership (mep), Magnet provides consulting and engineering services to ne Ohio small and mid-sized manufacturers. These services including process innovation, automation, product design and development, quality management, commercialization, sales & marketing, cyber security, operations and employee engagement, employee development and retention, talent pipeline, start-up services and more. Magnet also supports, educates, and champions ne Ohio Manufacturing.
New ventures: our goal to assist early-stage, product-focused businesses reach market entry faster with reduced technical risk. The new ventures at Magnet offers subject matter expertise, partnerships and connections with professionals in northeast Ohio, along with access to regional technical assets that an entrepreneur may need to bring a vision to life. Incubator services include the availability of high quality, secured office, Manufacturing, and lab space as well as the use of shared business equipment and conference room with very competitive lease terms.
Talent (workforce/ecec): work force facilitates programs between students/adults and local manufacturers who train them in Manufacturing careers and technical certifications.
Grants made by Magnet / Manufacturing Advocacy & Growth Network Inc
Grantee | Grant description | Grant year | Amount |
---|
Magnet Qalicb | Funded Supporting Org | 2023-06 | $0 |
Who funds Magnet / Manufacturing Advocacy & Growth Network Inc
Grants from foundations and other nonprofits
Personnel at Magnet / Manufacturing Advocacy & Growth Network Inc
Name | Title | Compensation | Date of data |
---|
Dr. Ethan Karp | President and Chief Executive Officer | $441,912 | 2024-09-22 |
John R. Brandt | Chief Executive Officer | $0 | 2024-09-22 |
Michael Canty | President and Chief Executive Officer | $0 | 2024-09-22 |
Mike Garvey | Chief Executive Officer | $0 | 2024-09-22 |
Tim Holmes | Chief Financial Officer | | 2024-09-22 |
...and 22 more key personnel |
Financials for Magnet / Manufacturing Advocacy & Growth Network Inc
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $11,124,167 | $19,506,750 | -43% |
Program services | $6,921,696 | $4,662,716 | 48.4% |
Investment income and dividends | $93,179 | $0 | 999% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $18,139,042 | $24,169,466 | -25% |
Organizations like Magnet / Manufacturing Advocacy & Growth Network Inc
Organization | Type | Location | Revenue |
---|
Allegheny Conference on Community Development | 501(c)(3) | Pittsburgh, PA | $12,660,423 |
Community Transportation Association of America | 501(c)(3) | Washington, DC | $7,684,178 |
South Carolina Manufacturing Extension Partnership | 501(c)(3) | Greenville, SC | $9,104,439 |
National Association for Latino Community Asset Builders | 501(c)(3) | San Antonio, TX | $9,962,609 |
Federation of Southern Cooperativesland Assistance Fund | 501(c)(3) | East Point, GA | $6,281,834 |
National Community Reinvestment Coalition (NCRC) | 501(c)(3) | Washington, DC | $17,200,460 |
Industrial Council of Nearwest Chicago | 501(c)(3) | Chicago, IL | $8,831,961 |
Brooklyn Alliance | 501(c)(3) | Brooklyn, NY | $5,905,135 |
Massachusetts Manufacturing Extension Partnership | 501(c)(3) | Auburn, MA | $9,326,531 |
Montana Technology Enterprise Center | 501(c)(3) | Missoula, MT | $4,652,105 |
Data update history
September 22, 2024
Updated personnel
Identified 6 new personnel
August 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 1, 2024
Updated personnel
Identified 3 new personnel
July 13, 2024
Received grants
Identified 4 new grant, including a grant for $1,745,812 from Magnet Qalicb July 12, 2024
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 1800 E 63rd St
- Cleveland, OH 44103
- Metro area
- Cleveland-Elyria, OH
- County
- Cuyahoga County, OH
- Website URL
- manufacturingsuccess.org/Â
- Phone
- (216) 630-0500
- Twitter profile
- @theobamadiaryÂ
IRS details
- EIN
- 34-1455043
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1984
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 813910: Trade Associations
- Parent/child status
- Central organization
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