EIN 34-1885407

Team NEO Foundation

IRS 501(c) type
501(c)(3)
Num. employees
44
State
Year formed
2003
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Team NEO Foundation enhances the economy of Northeast Ohio by collaborating with partners and others to attract new businesses, help those that are here grow, and accelerate the impact of innovation in the region. They bring together local and regional partners to grow a pipeline of competitive sites for businesses considering major investments in the area. Additionally, they promote the region's unique strengths and economic attributes through a powerful platform. The foundation is located in Cleveland, OH.
Total revenues
$7,993,857
2022
Total expenses
$8,012,507
2022
Total assets
$3,222,974
2022
Num. employees
44
2022

Program areas at Team NEO Foundation

Growing our Diverse Industry Base - Leverage our deep supply chain and partner relationships across the region's 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 Ohio's 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
Delta Dental of OhioCharitable Donation$125,000
Timken Foundation of CantonTwo-Year Operating Support$125,000
Greater Akron ChamberTo Further the Chariatable Purpose of the Organization$111,667
...and 9 more grants received

Personnel at Team NEO Foundation

NameTitleCompensation
William KoehlerChief Executive Officer$397,437
Adam ChafeChief Sales and Marketing / Board Member
Sheila TrauernichtChief Communications Officer
Mark OwensVice President , Marketing and Communications$113,274
Steven FritschVice President , Industry Advancement and Engagement$171,718
...and 18 more key personnel

Financials for Team NEO Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$7,744,061
Program services$183,768
Investment income and dividends$332
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$65,696
Total revenues$7,993,857

Form 990s for Team NEO Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-13990View PDF
2021-122022-09-07990View PDF
2020-122021-06-29990View PDF
2019-122021-08-11990View PDF
2018-122019-10-08990View PDF
...and 9 more Form 990s

Organizations like Team NEO Foundation

OrganizationLocationRevenue
Saginaw FutureSaginaw, MI$2,439,442
Regional Plan AssociationNew York, NY$7,003,733
Center for Rural Affairs (CFRA)Lyons, NE$9,008,855
Bluetide Puerto RicoSan Juan, PR$6,094,144
Economic Growth FoundationCleveland, OH$2,912,962
Greater Indianapolis Progress CommitteeIndianapolis, IN$4,430,429
Burnham Center for Community AdvancementSan Diego, CA$2,360,501
Federal City CouncilWashington, DC$3,424,583
Shaping Our Appalachian Region (SOAR)Pikeville, KY$2,898,840
Los Angeles Alliance for a New Economy (LAANE)Los Angeles, CA$6,250,476
Data update history
December 28, 2023
Received grants
Identified 8 new grant, including a grant for $125,000 from Timken Foundation of Canton
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 25, 2023
Updated personnel
Identified 16 new personnel
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 11, 2023
Received grants
Identified 2 new grant, including a grant for $125,000 from Timken Foundation of Canton
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelEndowed supportTax deductible 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
813319: Social Advocacy Organizations
Parent/child status
Independent
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