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Filing year 2024

Economic Growth Foundation

Cleveland, Ohio·EIN 34-1916518·NTEE J22 · Employment·3
Total revenue
$5M
Total assets
$13.4M
Total expenses
$4.5M
Reported officers
36
Mission

To promote and advance the civic, economic, and cultural growth of Greater Cleveland as a place to live, work, and conduct business.

Executive compensation, broken down

Form 990 · Schedule J · 9 reported individuals · Filing year 2024

Svp, Equity & Inclusion
senior vice president
$271k
$292k
Base
$205k
Bonus
$22k
Other
$2k
Benefits
$31k
Vp, Construction/inclusive
vice president
$166k
$179k
Base
$122k
Bonus
$13k
Other
$3k
Benefits
$21k
Mvp, Minority Business Growth
highest compensated employee
$160k
$172k
Base
$121k
Bonus
$12k
Other
$916
Benefits
$19k
$117k
$125k
Base
$51k
Bonus
$11k
Other
$453
Benefits
$3k
Sd, Assis. Controller, Fin. & Oper.
highest compensated employee
$60k
$65k
Base
$23k
Bonus
$3k
Other
$102
Benefits
$5k
Svp, Fin. Operations & Air Services
senior vice president
$52k
$56k
Base
$8k
Bonus
$721
Other
$226
Benefits
$799
EVP Finance & Operations
executive vice president
$42k
$45k
Base
$5k
Bonus
$707
Other
$553
Benefits
$461
Vp, Human Resources
vice president
$39k
$42k
Base
$5k
Bonus
$412
Other
$55
Benefits
$1k
Controller Finance & Operations
highest compensated employee
$39k
$42k
Base
$9k
Bonus
$959
Other
$142
Benefits
$847

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 27 unpaid individuals.

Browse compensation in Employment

Up 8%
from 2023

From $251k in 2023 to $271k in 2024.

$251k
2023
$271k
2024
In today's dollarsEst.
Up 5% in real terms$277k to $292k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Economic Growth Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.8M
$4.7M
2023
$5M
$4.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Employment executives earn

Comparable employment organizations nationwide pay their highest-earning executive a median of $90,000.

25th percentile
$23k
Median
$90,000
75th percentile
$159k
90th percentile
$247k

These are employment sector-wide figures, not this organization's reported pay. Based on 1,065 organizations across 1,065 filings (2021 – 2023).

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