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Filing year 2024

Team NEO Foundation

Cleveland, Ohio·EIN 34-1885407·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$8M
Total assets
$3.9M
Total expenses
$8M
Reported officers
57
Mission

Team NEO Foundation enhances the economy of Northeast Ohio by collaborating with our partners and others to attract new businesses, help those that are here grow and accelerate the impact of innovation in the region. We also help bring together local, regional and state resources to raise the profile of the region and make the case of investment in Northeast Ohio, focusing on proven businesses that will contribute to the regions success. Our Board serves as the Regional Table for Business and Philanthropy around which challenges regarding economic competitiveness are identified, prioritized and advanced.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

CEO
Above 90th percentilevs Community Improvement & Capacity Building peers in Ohio
$396k
$426k
Base
$368k
Bonus
Other
Benefits
$11k
Vp, Project Mgt, Site Strategies & Talent
Board Vice President
Median to 75th percentile
$214k
$230k
Base
$176k
Bonus
$9k
Other
Benefits
$18k
Vp, Strategy and Research
Board Vice President
Median to 75th percentile
$196k
$211k
Base
$167k
Bonus
$9k
Other
Benefits
$12k
Vp, Marketing & Communications
Board Vice President
Median to 75th percentile
$188k
$202k
Base
$162k
Bonus
Other
Benefits
$18k
Vp, Investor Relations
Board Vice President
Median to 75th percentile
$180k
$193k
Base
$140k
Bonus
$18k
Other
Benefits
$14k
Vp, Industry Advancement & Engagement
Board Vice President
Median to 75th percentile
$179k
$193k
Base
$171k
Bonus
Other
Benefits
$3k
Asst Secr/treas
Officer (Unspecified)
$179k
$193k
Base
$169k
Bonus
Other
Benefits
$2k
Managing Director, Project Management
Highest Compensated Employee
Median to 75th percentile
$160k
$172k
Base
$135k
Bonus
$8k
Other
Benefits
$10k
Managing Director, Global Business Development
Median to 75th percentile
$156k
$168k
Base
$134k
Bonus
$8k
Other
Benefits
$7k
Senior Director, Partnerships & Engagement
Highest Compensated Employee
25th percentile to median
$141k
$151k
Senior Director, Site Strategies
Highest Compensated Employee
10th to 25th percentile
$122k
$131k
Senior Director, Business Development
25th percentile to median
$119k
$129k

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 45 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Team NEO Foundation equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
5%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 12%
from 2023

From $452k in 2023 to $396k in 2024.

$452k
2023
$396k
2024
In today's dollarsEst.
Down 15% in real terms$500k to $426k

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.

Pay for the position

Chief Executive Officer pay fell 12% from 2023 to 2024, while revenue held roughly steady.

$452k in 2023 to $396k in 2024.
  • Board Vice President pay fell 2% from 2023 to 2024.
  • Highest Compensated Employee pay rose 1% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Team NEO Foundation

What does the Chief Executive Officer of Team NEO Foundation earn?

In 2024, the Chief Executive Officer of Team NEO Foundation received $395,700 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Ohio: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Team NEO Foundation compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Ohio, the 2024 pay of the Chief Executive Officer at Team NEO Foundation falls in the top 10%. In 2024, the highest total compensation at Team NEO Foundation equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are Team NEO Foundation's revenue and expenses?

In 2024, Team NEO Foundation reported $8M in total revenue and $8M in total expenses on its IRS Form 990.

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