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Filing year 2024

GROWTH CAPITAL CORPORATION

Cleveland, Ohio·EIN 34-1567708·4
Total revenue
$2M
Total assets
$3.6M
Total expenses
$1.7M
Reported officers
12
Mission

TO PROVIDE FINANCING ASSISTANCE TO AREA BUSINESSES AS PART OF AN OVERALL MISSION TO FOSTER ECONOMIC GROWTH AND JOB CREATION IN NORTHEAST OHIO.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

$339k
$364k
Base
$186k
Bonus
$73k
Other
Benefits
$41k
Business Dev
highest compensated employee
$162k
$174k
Base
$135k
Bonus
$20k
Other
Benefits
Sba Loan Off
highest compensated employee
$155k
$167k
Base
$110k
Bonus
$15k
Other
Benefits
$25k

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 9 unpaid individuals.

Held roughly steady
over 3 years

From $327k in 2021 to $339k in 2024.

$327k
2021
$439k
2023
$339k
2024
In today's dollarsEst.
Down 10% in real terms$405k to $364k

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

GROWTH CAPITAL CORPORATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$2M
$2M
2021
$1.9M
$1.7M
2023
$2M
$1.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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