EIN 34-1885407

Team NEO Foundation

IRS 501(c) type
501(c)(3)
Num. employees
45
State
Year formed
2003
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Team NEO Foundation drives economic growth in Northeast Ohio by supporting business expansion, fostering innovation, and creating equitable workforce opportunities.
Total revenues
$7,995,598
2023
Total expenses
$8,243,282
2023
Total assets
$3,626,523
2023
Num. employees
45
2023

Program areas at Team NEO Foundation

Growing our Diverse Industry Base - Leverage our deep supply chain and partner relationships across the regions diverse industry base to drive innovation, integrate technology, develop new markets and create equitable opportunity for a highly-trained workforce.
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.
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.
Address the Talent Supply-Demand Gap - Growing regional talent alignment through better data and coordinated strategies.

Who funds Team NEO Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fund for Our Economic Future of Northeast OhioJob Access$250,000
Timken Foundation of Canton2023-2024 General Operating Support for Team Neo Strategic Plan$125,000
Delta Dental of OhioCharitable Donation$125,000
...and 10 more grants received

Personnel at Team NEO Foundation

NameTitleCompensation
William KoehlerChief Executive Officer$418,033
Laura Koballa HudakVice President , Finance and Administration$176,034
Mark OwensVice President of Marketing and Communications$166,857
Jacob W. DuritskyVice President , Strategy , Research and Talent$174,959
Christine NelsonVice President , Project Management and Site Strategies$190,581
...and 31 more key personnel

Financials for Team NEO Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$7,707,096
Program services$185,498
Investment income and dividends$13,944
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$89,060
Total revenues$7,995,598

Form 990s for Team NEO Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-08990View PDF
2022-122023-06-13990View PDF
2021-122022-09-07990View PDF
2020-122021-06-29990View PDF
2019-122021-08-11990View PDF
...and 10 more Form 990s
Data update history
December 26, 2024
Updated personnel
Identified 4 new personnel
October 19, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from Hoover Foundation Income Account
September 26, 2024
Updated personnel
Identified 7 new personnel
August 30, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 29, 2024
Updated personnel
Identified 8 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
1111 Superior Ave
Cleveland, OH 44113
Metro area
Cleveland-Elyria, OH
County
Cuyahoga County, OH
Website URL
northeastohioregion.com/ 
Phone
(216) 363-5400
IRS details
EIN
34-1885407
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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