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Filing year 2023

MAGNET QALICB INC

Cleveland, Ohio·EIN 88-2834792·NTEE S11 · Community Improvement & Capacity Building·3
Total revenue
$728k
Total assets
$15M
Total expenses
$1M
Reported officers
5
Mission

CONDUCTING OR SUPPORTING ACTIVITIES FOR THE PURPOSES OF INCREASING SUPPORT FOR MANUFACTURING ADVOCACY AND GROWTH NETWORK INC. (MAGNET,) INCREASING COMMUNITY INVOLVEMENT WITH AND SUPPORT FOR MAGNET, AND PROMOTING THE FACILITIES OF MAGNET, ACCEPTING AND EXPENDING FUNDS IN SUPPORT OF SUCH ACTIVITIES, AND DOING ALL THINGS NECESSARY OR APPROPRIATE IN ORDER TO ACCOMPLISH THE FOREGOING PURPOSES.

Reported officers (all unpaid)

No paid executives reported in 2023. MAGNET QALICB INC reported 5 unpaid officers and board members on its 990.

President & Director
Treasurer & Director
Secretary & Director
Director
Director
Financial trend

Revenue and expenses over time

MAGNET QALICB INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.4M
$2.5M
2022
$728k
$1M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Ohio

MAGNET QALICB INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Ohio earns a median of $58,060.

25th percentile
$28k
Median
$58,060
75th percentile
$109k
90th percentile
$147k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 97 organizations across 97 filings (2022 – 2023).

See full Community Improvement & Capacity Building pay data for Ohio

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CIFT

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