2026-09-14T11:17:27-05:00 2025-12-31 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2025-01-01 270606927 FUND FOR OUR ECONOMIC FUTURE OF NORTHEAST OHIO FUND 2164569800 1422 EUCLID AVE 400 CLEVELAND OH 44115 BETHIA CULLIS AKA BURKE PRESIDENT AND CEO 2164569800 2026-09-09 1 CHRISTOPHER B ANDERSON P00226559 2163630100 2025 BETHIA CULLIS AKA BURKE 1422 EUCLID AVE 400 CLEVELAND OH 44115 3002536 0 X WWW.THEFUNDNEO.ORG X 2009 OH DEDICATED TO ADVANCING ECONOMIC GROWTH AND EQUITABLE ACCESS TO OPPORTUNITY FOR THE PEOPLE OF NORTHEAST OHIO. 28 28 9 27 0 0 4587353 2744637 0 0 281637 197792 2000 60107 4870990 3002536 4570927 789362 0 0 1240658 1428592 0 0 224046 621530 689678 6433115 2907632 -1562125 94904 6083404 6124336 163488 109516 5919916 6014820 X THE FUND FOR OUR ECONOMIC FUTURE IS A CREATIVE SPACE FOR PHILANTHROPIC FUNDERS AND CIVIC LEADERS TO EXPLORE WHAT MATTERS AND IMPLEMENT WHAT WORKS TO ACHIEVE EQUITABLE ECONOMIC GROWTH, EMPHASIZING SYSTEMIC, LONG-TERM CHANGE. 0 0 2428561 789362 60107 SEE SCHEDULE OTHE FUND'S STRATEGY IS TO ADVANCE ECONOMIC GROWTH AND EQUITABLE ACCESS TO OPPORTUNITY FOR THE PEOPLE OF NORTHEAST OHIO BY ARTICULATING AND ADVANCING A REGIONAL AGENDA, EMPOWERING A LEADERSHIP NETWORK AND DEVELOPING STRATEGIC FUNDING TO ORGANIZATIONS WHICH SHOW THE GREATEST POTENTIAL FOR ADVANCING GROWTH AND OPPORTUNITY WITHIN THE 18-COUNTY NORTHEAST OHIO REGION.THE FOCUS IS ON FOUR CHARITABLE PRIORITIES:- JOB CREATION (ADD JOBS, COMBAT COMMUNITY DETERIORATION).- JOB PREPARATION (SKILL BUILDING FOR EMPLOYMENT, IMPROVEMENTS IN THE QUALITY OF JOBS).- JOB ACCESS (REDUCING GEOGRAPHIC BARRIERS BETWEEN PEOPLE AND JOBS BY BRINGING JOBS CLOSER TO PEOPLE AND PEOPLE CLOSER TO JOBS).- SYSTEMIC RACIAL INCLUSION (ADD JOBS, CONNECT PEOPLE TO JOBS, ELIMINATE NEIGHBORHOOD TENSION). 2428561 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X X BETHIA CULLIS AKA BURKE 2164569800 1422 EUCLID AVE STE 400 CLEVELAND OH 44115 VIKKI BROER CHAIR 1.00 X X 0 0 0 PHOEBE LEE FIRST VICE CHAIR 1.00 X X 0 0 0 CHRISTINE MAYER SECOND VICE CHAIR 1.00 X X 0 0 0 CATHY BELK SECRETARY 1.00 X X 0 0 0 ALISON HAWKINS TREASURER 1.00 X X 0 0 0 MARK SAMOLCZYK STRATEGY CHAIR 1.00 X X 0 0 0 RICARDO LEON EVALUATION CHAIR 1.00 X X 0 0 0 ADAM BRIGGS MEMBER & DEVELOPMENT CHAIR 1.00 X X 0 0 0 CINDY ANDREWS NOMINATING & PERSONNEL CHAIR 1.00 X X 0 0 0 MARCUS MADISON AT LARGE 1.00 X X 0 0 0 BILL SEELBACH TRUSTEE 1.00 X 0 0 0 CASEY KRELL TRUSTEE 1.00 X 0 0 0 DAN HAMPU TRUSTEE 1.00 X 0 0 0 DAVID FORD TRUSTEE 1.00 X 0 0 0 DERYCK TOLES TRUSTEE 1.00 X 0 0 0 DR MARCIA BALLINGER TRUSTEE 1.00 X 0 0 0 GINA CHEVERINE TRUSTEE 1.00 X 0 0 0 JESSICA COLOMBI TRUSTEE 1.00 X 0 0 0 JULIE WISNESKI TRUSTEE 1.00 X 0 0 0 KAREN HOOSER TRUSTEE 1.00 X 0 0 0 MEREDITH GADSBY TRUSTEE 1.00 X 0 0 0 NICK TURNER TRUSTEE 1.00 X 0 0 0 PAUL HERDEG TRUSTEE 1.00 X 0 0 0 PETER WHITT TRUSTEE 1.00 X 0 0 0 TREVELLE HARP TRUSTEE 1.00 X 0 0 0 TREYE JOHNSON TRUSTEE 1.00 X 0 0 0 VICTOR RUIZ TRUSTEE 1.00 X 0 0 0 BETHIA CULLIS BURKE PRESIDENT AND CEO 38.00 X 305842 0 26124 JOAN CHASE SR. DIR. OF STRAT. INIT. 38.00 X 192187 0 19754 DANIEL MARKS GRAY DIRECTOR POWERUP 38.00 X 179375 0 18247 BISHARA ADDISON DIRECTOR OF WORKFORCE OPERATIONS 38.00 X 125964 0 305 JEFFREY SLEASMAN DIRECTOR OF APPLIED RESEARCH 38.00 X 169445 0 125 972813 0 64555 5 0 1 0 COMPASS POLICY STRATEGIES 2971 BERKSHIRE RD CLEVELAND HTS OH 44118 COUNTY WORKFORCE PROGRAM CONSULTANT 144000 HD ADVISORS LLC 2125 W 41ST STREET CLEVELAND OH 44113 LOCAL POWER ALTERNATIVE ENGINEERING STUD 102502 2 25000 549960 2169677 2744637 197792 197792 OTHER INCOME 900099 60107 60107 60107 3002536 60107 0 197792 X 789362 789362 331966 275532 28217 28217 904859 751033 76913 76913 105870 87872 8999 8999 85897 71295 7301 7301 7427 6165 631 631 31150 25854 2648 2648 9692 1454 8238 499232 320618 89034 89580 3005 2495 255 255 22643 18793 1925 1925 62690 52032 5329 5329 10276 1541 8735 10515 2471 7932 112 11196 9292 952 952 COMMUNICATIONS 8681 7205 738 738 DUES&SUBSCRIPTIONS 4436 2601 1593 242 EQUIP.RENTAL 2403 1995 204 204 BANK FEES 974 146 828 5358 805 4553 2907632 2428561 255025 224046 101446 384124 431771 500542 319622 556866 3542 6159 5227023 4665122 11523 6083404 6124336 105988 109516 57500 0 163488 109516 X 5187930 5082509 731986 932311 5919916 6014820 6083404 6124336 94904 0 X 0 1 X 1 0 X 3743382 7637539 5079667 4587353 2744637 23792578 3743382 7637539 5079667 4587353 2744637 23792578 3074583 20717995 79 75 120141 281637 197792 599724 1500 980 2480 24394782 85108 0.84930 0.87850 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 1,500. 2022 AMOUNT: $ 980. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2992844 0 2992844 9692 9692 3002536 2897940 0 2897940 9692 9692 2907632 PART X, LINE 2: FIN 48/ASC 740 FOOTNOTE - THE FUND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A PUBLIC CHARITY UNDER SECTION 170(B)(1)(A)(VI) OF THE INTERNAL REVENUE CODE AND DOES NOT CURRENTLY CONDUCT ANY ACTIVITIES WHICH WOULD RESULT IN THE IMPOSITION OF UNRELATED BUSINESS INCOME TAX. THE FUND FILES INFORMATIONAL RETURNS IN THE UNITED STATES FEDERAL AND OHIO JURISDICTIONS. UNCERTAIN INCOME TAX POSITIONS ARE EVALUATED AT LEAST ANNUALLY BY MANAGEMENT. AS OF DECEMBER 31, 2024 AND 2023, THE FUND HAD IDENTIFIED NO UNCERTAIN INCOME TAX POSITIONS. 1 MAGNET 1800 E 63RD ST CLEVELAND OH 44103 341455043 501(C)(3) 200000 0 JOB CREATION NEW BRIDGE CLEVELAND CENTER FOR ARTS AND TECHNOLOGY 3634 EUCLID AVENUE STE 110 CLEVELAND OH 44115 271193704 501(C)(6) 100000 0 JOB PREPARATION COLLABORATE CLEVELAND PO BOX 5164 CLEVELAND OH 44101 300010575 501(C)(3) 50000 0 JOB PREPARATION TEAM NEO 1111 SUPERIOR AVENUE E SUITE 1600 CLEVELAND OH 44114 341885407 501(C)(3) 50000 0 JOB PREPARATION MCGREGOR FOUNDATION 14900PRIVATEDRIVE EASTCLEVELAND OH 44112 340714356 501(C)(3) 31000 0 JOB PREPARATION CLEVELAND SITE READINESS FOR GOOD JOBS FUND 812 HURON AVENUE SUITE 280 CLEVELAND OH 44115 933068183 501(C)(3) 26737 0 JOB ACCESS THE LORAIN COUNTY COMMUNITY COLLEGE 1005 NORTH ABBE RD ELYRIA OH 44035 510146485 75000 0 JOB ACCESS NATIONAL FUND FOR WORKFORCE SOLUTIONS 1250 CONNECTICUT AVE NW SUITE 200 WASHINGTON DC 20036 475172476 501(C)(3) 18000 0 JOB ACCESS 6 2 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - PROPOSALS ARE CONSIDERED ON AN INVITATION BASIS. RECEIVED PROPOSALS ARE REVIEWED BY A COMBINATION OF FUND FOR OUR ECONOMIC FUTURE ("FUND") STAFF, BOARD MEMBERS, AND, FROM TIME TO TIME, INVITED EXPERTS. AWARDS ARE APPROVED BASED ON THE AUTHORITY OUTLINED IN THE FUND'S CODE OF REGULATIONS, WITH THE LEVEL OF BOARD APPROVAL REQUIRED INCREASING WITH INCREASED MAGNITUDE OF THE AWARD (E.G., AWARDS OF $100,000 OR MORE ARE APPROVED BY THE FULL BOARD). MONITORING OF ACTIVE GRANTS INCLUDES: REGULAR REPORTING TO FUND STAFF AND A COMMITTEE OF FUND BOARD MEMBERS AND/OR BOARD PARTICIPANTS; FUNDING RELEASE IS TIED TO PROGRESS AGAINST STATED GOALS; AND FUND MEMBERS AND/OR FUND STAFF SERVE AS BOARD OBSERVERS ON THE BOARDS OF LARGE GRANTEE ORGANIZATIONS ON BEHALF OF THE FUND. IN SPECIAL CASES, THE FUND'S BOARD MEMBERS SERVE AS VOTING MEMBERS OF GRANTEE ORGANIZATION BOARDS ON BEHALF OF THE FUND. IN THIS CIRCUMSTANCE, THESE FUND MEMBERS DO NOT PARTICIPATE IN FUNDING DECISIONS FOR THOSE ORGANIZATIONS. X X X X 0 0 0 0 0 0 0 0 0 BETHIA CULLIS BURKE PRESIDENT AND CEO 291279 0 14563 0 0 0 0 0 26124 0 331966 0 0 0 JOAN CHASE SR. DIR. OF STRAT. INIT. 183035 0 9152 0 0 0 0 0 19754 0 211941 0 0 0 DANIEL MARKS GRAY DIRECTOR POWERUP 175000 0 4375 0 0 0 0 0 18247 0 197622 0 0 0 JEFFREY SLEASMAN DIRECTOR OF APPLIED RESEARCH 162805 0 6640 0 0 0 0 0 125 0 169570 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW - THE FORM 990 IS PREPARED BY THE FUND'S INDEPENDENT ACCOUNTANT AND REVIEWED BY FUND MANAGEMENT. AFTER THIS REVIEW, THE FORM 990 IS REVIEWED WITH THE FUND'S FINANCE COMMITTEE. ANY MODIFICATIONS AS A RESULT OF THIS REVIEW ARE MADE AND THE FORM 990 IS MADE AVAILABLE TO THE BOARD MEMBERS FOR THEIR REVIEW. ANY QUESTIONS FROM THE BOARD MEMBERS ARE RESOLVED AND THE FORM 990 IS THEN FINALIZED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - OFFICERS, TRUSTEES, AND KEY EMPLOYEES DISCLOSE ALL POSSIBLE CONFLICT RELATIONSHIPS WHEN ENTERING THE POSITION AND ANNUALLY DISCLOSE ANY NEW POSSIBLE CONFLICT RELATIONSHIPS. WHEN A CONFLICT ARISES, THE PERSON WITH THE CONFLICT IS NOT PERMITTED TO VOTE ON THE TRANSACTION THAT GAVE RISE TO THE CONFLICT. THE DECISION ABOUT THE TRANSACTION IS MADE IN THE BEST INTEREST OF THE ORGANIZATION BY PEOPLE WHO ARE INDEPENDENT OF THE PERSON WITH THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL - INITIAL COMPENSATION FOR THE PRESIDENT AND CEO WAS APPROVED BY THE EXECUTIVE COMMITEE BASED ON COMPARABLE POSITIONS IN RELATED NOT-FOR-PROFIT ENTITIES. ALL ADJUSTMENTS TO THE PRESIDENT'S SALARY FOLLOWING THE INITIAL CONTRACT HAVE BEEN COST OF LIVING ADJUSTMENTS APPLIED TO ALL STAFF SALARIES. COST OF LIVING ADJUSTMENTS ARE CONSIDERED ANNUALLY BY THE NOMINATING AND PERSONNEL COMMITTEES, AND BENCHMARKS INCLUDE U.S. ECONOMIC DATA AS WELL AS DATA FROM SIMILAR NONPROFITS. COMPENSATION DECISIONS ARE MADE BY INDIVIDUALS THAT ARE INDEPENDENT OF THE PERSONS FOR WHOM COMPENSATION DECISIONS ARE BEING MADE. DELIBERATIONS OF THE BOARD AND THE NOMINATING AND PERSONNEL COMMITTEE ARE DOCUMENTED IN THE MINUTES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - THE FUND MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHERS: PROGRAM SERVICE EXPENSES 320,618. MANAGEMENT AND GENERAL EXPENSES 89,034. FUNDRAISING EXPENSES 89,580. TOTAL EXPENSES 499,232.