Gateway Economic Development

Community development organization based in Cleveland, OH. 26 employees. Exempt under §501(c)(3).

MissionPROMOTE ECONOMIC DEVELOPMENT IN ORDER TO PREVENT THE CONDITIONS OF BLIGHT AND DETERIORATION HISTORICALLY EXISTING IN THE AREA.

Financial snapshot · TY 2024

$162.8M
Total revenue
$52.6M
Total expenses
$591.3M
Net assets

Financial health · TY 2024

87
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
49.3 months of expenses
Program efficiency
100
98.5% spent on programs
Revenue diversity
37
Mix of program fees, grants & contributions

Leadership compensation

Todd Greathouse
EXECUTIVE DI
$166,096
5th percentile vs. peers
Paul J Valvoda
CONTROLLER
$106,791
6th percentile vs. peers

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Gateway Economic Development Executive Compensation | 990 Data | DoubleNine