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Nonprofit · EIN 34-1885407

TEAM NEO FOUNDATION

Tax-exempt · CLEVELAND, OH 44114

Financials

$8M$8.2M2023$8M$8M2024$8.6M$7.7M2025
Revenue Expenses · by fiscal year end
Financials of TEAM NEO FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$8,558,371$7,736,932$821,439$4,898,583$2,026,872$2,871,711
December 31, 2024990$7,989,825$8,018,224-$28,399$3,868,429$1,818,157$2,050,272
December 31, 2023990$7,995,598$8,243,282-$247,684$3,626,523$1,547,852$2,078,671
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$8,102,407
of which government grants
$100,000
Membership dues
$4,250
Program service revenue
$358,735
Investment income
$23,025
Other revenue
$74,204

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,119,589
Other salaries and wages
$2,294,868
Salaries, compensation and benefits (total)
$5,005,163
Professional fundraising fees
$87,160
Legal fees
$7,326
Accounting fees
$35,000
Occupancy
$109,283
Travel
$207,058
Depreciation
$138,473
Program services (functional)
$6,448,648
Management and general (functional)
$816,295
Fundraising (functional)
$471,989

Balance sheet and other

Total assets, start of year
$3,868,429
Total assets, end of year
$4,898,583
Total liabilities, end of year
$2,026,872
Net assets, end of year
$2,871,711
Land, buildings and equipment
$257,047
Net assets without donor restrictions
$2,149,746
Net assets with donor restrictions
$721,965
Gross unrelated business income
$69,173
Gross receipts
$8,558,371
Employees
42
Volunteers
0
Year formed
2003
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Matt DolanCEO starting 2/2025
Officer
40$312,010$15,121
Christine NelsonVP, Project Mgt, Site Strategies & Talent
Key employee
40$200,468$29,147
Jacob DuritskyVP, Strategy and Research
Key employee
40$200,335$11,801
Dawn SouthardVP, Investor Relations
Key employee
40$185,877$23,472
Mark OwensVP, Marketing & Communications
Key employee
40$179,058$27,218
Laura HudakAsst Secr/Treas
Officer
40$189,896$11,693
Steven FritschVP, Industry Advancement & Engagement
Key employee
40$190,083$8,752
Walter GoodManaging Director, Project Management
Key employee
40$152,558$17,757
Mindy McLaughlinManaging Director, Global Business Development
Key employee
40$150,332$15,048
Renee LigonSenior Director, Partnerships & Engagement
Highest-paid employee
40$131,277$21,452
Jackie FairbanksDirector, Accounting
Highest-paid employee
34$121,194$21,996
Shawn StarlinSenior Director, Project Management
Highest-paid employee
40$107,332$23,444
Sylvio MeconeSenior Director, Business Development
Highest-paid employee
40$109,014$18,341
William KoehlerCEO thru 2/2025
Officer
40$117,264$6,665
Camille BillupsManaging Director, Site Strategies
Highest-paid employee
32$108,767$6,372
50 more people on this return
NameTitleHours / weekCompensation
Brendan BuescherDirector
Trustee or director
1$0
Frank CarrinoDirector
Trustee or director
1$0
Christopher BastDirector
Trustee or director
1$0
Dr Albert GreenDirector
Trustee or director
1$0
Dr Marcia BallingerDirector
Trustee or director
1$0
David AllenDirector
Trustee or director
1$0
Jay NordholtDirector
Trustee or director
1$0
Patrick BloomDirector
Trustee or director
1$0
Mark SamolczykDirector
Trustee or director
1$0
William SeelbachDirector
Trustee or director
1$0
Ward Timken JrDirector
Trustee or director
1$0
Dr Michael BastonDirector
Trustee or director
1$0
Robert DavisDirector
Trustee or director
1$0
Ray HexamerPartner Director
Trustee or director
1$0
Beth BuntonDirector
Trustee or director
1$0
Gary SmallDirector
Trustee or director
1$0
Kevin ChambersDirector
Trustee or director
1$0
Ben MathewsDirector
Trustee or director
1$0
Steve MillardPartner Director
Trustee or director
1$0
Ben MeisenzahlDirector
Trustee or director
1$0
Dr Todd DiaconDirector
Trustee or director
1$0
Bill EplingDirector
Trustee or director
1$0
Eric LoganDirector
Trustee or director
1$0
Kevin MartinDirector
Trustee or director
1$0
Alex ChapmanDirector
Trustee or director
1$0
Ron PaydoDirector
Trustee or director
1$0
Glenn RichardsonDirector
Trustee or director
1$0
Ariane KirkpatrickDirector
Trustee or director
1$0
Carol CarusoDirector
Trustee or director
1$0
Matthew NipperDirector
Trustee or director
1$0
Baiju ShahPartner Director
Trustee or director
1$0
Bethia BurkePartner Director
Trustee or director
1$0
Dr Ethan KarpDirector
Trustee or director
1$0
Stephen MacKenziePartner Director
Trustee or director
1$0
Wendell Robinson JrDirector
Trustee or director
1$0
Damian ThomasDirector
Trustee or director
1$0
Aaron SwartzDirector
Trustee or director
1$0
Daniel WeekleyDirector
Trustee or director
1$0
Nevin NussbaumDirector
Trustee or director
1$0
Jennifer PalmieriDirector
Trustee or director
1$0
Jodi BergChair Emeritus thru 1/2025
Trustee or director, Officer
2.5$0
Peter BroerChair Emeritus
Trustee or director, Officer
2.5$0
Kimberly RileyChair thru 5/2025
Trustee or director, Officer
2.5$0
Don TaylorDirector/Chair starting 6/2025
Trustee or director, Officer
2.5$0
Allen MistysynVice Chair thru 8/2025
Trustee or director, Officer
2.5$0
Kelly LamirandVice Chair starting 11/2025
Trustee or director, Officer
2.5$0
Steven AuvilVice Chair starting 11/2025
Trustee or director, Officer
2.5$0
Andy JonesSecretary thru 3/2025
Trustee or director, Officer
2.5$0
Marc MerklinDirector/Secretary starting 3/2025
Trustee or director, Officer
2.5$0
Doug SibilaTreasurer
Trustee or director, Officer
2.5$0
990 for the year ended December 31, 2024: 57 people
NameTitleHours / weekCompensationOther / benefits
William KoehlerCEO
Officer
40$367,773$27,927
Christine NelsonVP, Project Mgt, Site Strategies & Talent
Key employee
40$185,512$28,226
Jacob DuritskyVP, Strategy and Research
Key employee
40$175,969$20,466
Mark OwensVP, Marketing & Communications
Key employee
40$161,601$26,166
Dawn SouthardVP, Investor Relations
Key employee
40$157,863$21,969
Steven FritschVP, Industry Advancement & Engagement
Key employee
40$170,582$8,527
Laura HudakAsst Secr/Treas
Officer
40$168,540$10,498
Walter GoodManaging Director, Project Management
Highest-paid employee
40$143,047$17,172
Mindy McLaughlinManaging Director, Global Business Development
Highest-paid employee
40$141,825$14,492
Renee LigonSenior Director, Partnerships & Engagement
Highest-paid employee
40$119,695$20,969
Bryce SylvesterSenior Director, Site Strategies
Highest-paid employee
40$109,837$11,753
Sylvio MeconeSenior Director, Business Development
Highest-paid employee
40$102,582$16,885
Brendan BuescherDirector
Trustee or director
1$0$0
Frank CarrinoDirector
Trustee or director
1$0$0
Christopher BastDirector
Trustee or director
1$0$0
Dr Albert GreenDirector
Trustee or director
1$0$0
Dr Marcia BallingerDirector
Trustee or director
1$0$0
Michelle MoranDirector
Trustee or director
1$0$0
Jay NordholtDirector
Trustee or director
1$0$0
Terrell DillardDirector
Trustee or director
1$0$0
Mark SamolczykDirector
Trustee or director
1$0$0
William SeelbachDirector
Trustee or director
1$0$0
Ward Timken JrDirector
Trustee or director
1$0$0
Dr Michael BastonDirector
Trustee or director
1$0$0
Robert DavisDirector
Trustee or director
1$0$0
Ray HexamerPartner Director
Trustee or director
1$0$0
Tom PartridgeDirector
Trustee or director
1$0$0
Gary SmallDirector
Trustee or director
1$0$0
Kelly LamirandDirector
Trustee or director
1$0$0
Guy CovielloPartner Director
Trustee or director
1$0$0
Steve MillardPartner Director
Trustee or director
1$0$0
Jeroen DiderichDirector
Trustee or director
1$0$0
Dr Todd DiaconDirector
Trustee or director
1$0$0
Bill EplingDirector
Trustee or director
1$0$0
Eric LoganDirector
Trustee or director
1$0$0
Kevin MartinDirector
Trustee or director
1$0$0
Marc MerklinDirector
Trustee or director
1$0$0
Ron PaydoDirector
Trustee or director
1$0$0
Glenn RichardsonDirector
Trustee or director
1$0$0
Ariane KirkpatrickDirector
Trustee or director
1$0$0
Carol CarusoDirector
Trustee or director
1$0$0
Rajiv PrasadDirector
Trustee or director
1$0$0
Baiju ShahPartner Director
Trustee or director
1$0$0
Bethia BurkePartner Director
Trustee or director
1$0$0
James GasiorDirector
Trustee or director
1$0$0
Charles GeorgeDirector
Trustee or director
1$0$0
Wendell Robinson JrDirector
Trustee or director
1$0$0
Damian ThomasDirector
Trustee or director
1$0$0
Aaron SwartzDirector
Trustee or director
1$0$0
Daniel WeekleyDirector
Trustee or director
1$0$0
Jodi BergChair Emeritus
Trustee or director, Officer
2.5$0$0
Peter BroerChair Emeritus
Trustee or director, Officer
2.5$0$0
Kimberly RileyChair
Trustee or director, Officer
2.5$0$0
Allen MistysynVice Chair
Trustee or director, Officer
2.5$0$0
Don TaylorVice Chair
Trustee or director, Officer
2.5$0$0
Andy JonesSecretary
Trustee or director, Officer
2.5$0$0
Doug SibilaTreasurer
Trustee or director, Officer
2.5$0$0
990 for the year ended December 31, 2023: 61 people
NameTitleHours / weekCompensationOther / benefits
William KoehlerCEO
Officer
40$418,033$34,162
Christine NelsonVP, Project Mgt, Site Strategies & Talent
Key employee
40$190,581$27,698
Jacob DuritskyVP, Strategy and Research
Key employee
40$174,959$19,949
Dawn SouthardVP, Investor Relations
Key employee
40$172,642$21,251
Mark OwensVP, Marketing & Communications
Key employee
40$166,857$26,205
Laura HudakAsst Secr/Treas
Officer
40$176,034$16,535
Steven FritschVP, Industry Advancement & Engagement
Key employee
40$179,922$8,410
Walter GoodManaging Director, Project Management
Highest-paid employee
40$141,466$16,858
Mindy McLaughlinManaging Director, Global Business Development
Highest-paid employee
40$140,455$14,386
Bryce SylvesterSenior Director, Site Strategies
Highest-paid employee
40$129,576$12,403
Renee LigonSenior Director, Partnerships & Engagement
Highest-paid employee
40$119,404$19,813
Swarna SolankiDirector, Business Development, Healthcare
Highest-paid employee
40$108,174$939
Brendan BuescherDirector
Trustee or director
1$0$0
Deborah HooverDirector
Trustee or director
1$0$0
Nicholas BuzzelliDirector
Trustee or director
1$0$0
Frank CarrinoDirector
Trustee or director
1$0$0
Christopher BastDirector
Trustee or director
1$0$0
Dr Albert GreenDirector
Trustee or director
1$0$0
Dr Marcia BallingerDirector
Trustee or director
1$0$0
Michelle MoranDirector
Trustee or director
1$0$0
Jay NordholtDirector
Trustee or director
1$0$0
Terrell DillardDirector
Trustee or director
1$0$0
Neal GrodeDirector
Trustee or director
1$0$0
Mark SamolczykDirector
Trustee or director
1$0$0
William SeelbachDirector
Trustee or director
1$0$0
Nick BrowningDirector
Trustee or director
1$0$0
Ward Timken JrDirector
Trustee or director
1$0$0
Dr Michael BastonDirector
Trustee or director
1$0$0
Robert DavisDirector
Trustee or director
1$0$0
Ray HexamerPartner Director
Trustee or director
1$0$0
Tom PartridgeDirector
Trustee or director
1$0$0
Gary SmallDirector
Trustee or director
1$0$0
Kelly LamirandDirector
Trustee or director
1$0$0
Guy CovielloPartner Director
Trustee or director
1$0$0
Steve MillardPartner Director
Trustee or director
1$0$0
Jeroen DiderichDirector
Trustee or director
1$0$0
Dr Todd DiaconDirector
Trustee or director
1$0$0
Bill EplingDirector
Trustee or director
1$0$0
Eric LoganDirector
Trustee or director
1$0$0
Kevin MartinDirector
Trustee or director
1$0$0
Marc MerklinDirector
Trustee or director
1$0$0
Ron PaydoDirector
Trustee or director
1$0$0
Glenn RichardsonDirector
Trustee or director
1$0$0
Ariane KirkpatrickDirector
Trustee or director
1$0$0
Carol CarusoDirector
Trustee or director
1$0$0
Rajiv PrasadDirector
Trustee or director
1$0$0
Baiju ShahPartner Director
Trustee or director
1$0$0
Bethia BurkePartner Director
Trustee or director
1$0$0
James GasiorDirector
Trustee or director
1$0$0
Charles GeorgeDirector
Trustee or director
1$0$0
Gia LigatoDirector
Trustee or director
1$0$0
Damian ThomasDirector
Trustee or director
1$0$0
Aaron SwartzDirector
Trustee or director
1$0$0
Daniel WeekleyDirector
Trustee or director
1$0$0
Jodi BergChair Emeritus
Trustee or director, Officer
2.5$0$0
Peter BroerChair Emeritus
Trustee or director, Officer
2.5$0$0
Kimberly RileyChair
Trustee or director, Officer
2.5$0$0
Allen MistysynVice Chair
Trustee or director, Officer
2.5$0$0
Don TaylorVice Chair
Trustee or director, Officer
2.5$0$0
Andy JonesSecretary
Trustee or director, Officer
2.5$0$0
Doug SibilaTreasurer
Trustee or director, Officer
2.5$0$0

Address and contacts

Address (IRS master file)
1111 SUPERIOR AVENUE, CLEVELAND, OH 44114-2522
Principal officer (990 for 2025)
Matthew Dolan, 1111 Superior Ave Ste 1600, Cleveland, OH 44114
Signed the 990
Matt Dolan, CEO
Phone
(216) 363-5400
Return prepared by
Team NEO

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.

990 for the year ended December 31, 2025

Program accomplishments

  • Growing our Diverse Industry Base - Leverage our deep supply chain and partner relationships across the regions diverse industry base to drive innovation, integrate technology, develop new markets and create equitable opportunity for a highly-trained workforce.
    Expenses $4,100,369 · revenue $291,855
  • Promote and Engage the Region - Telling stories, promoting assets and sharing data insights to advance Team NEO, lift our partners and improve Northeast Ohios regional competitiveness and prosperity.
    Expenses $1,071,786
  • Address the Talent Supply-Demand Gap - Growing regional talent alignment through better data and coordinated strategies.
    Expenses $764,463 · revenue $28,555
  • Grow a Pipline of Competitive Sites - Impact the regional landscape through thoughtful commercial and industrial development in locations that are driving a competitive region and offering more equitable opportunities.
    Expenses $512,030 · revenue $38,325

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
34-1885407
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,898,583
Income (IRS master file)
$8,558,371

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$8,558,371$7,736,932$4,898,583XML
990-TDecember 2025–––IRS
990December 2024$7,989,825$8,018,224$3,868,429XML
990-TDecember 2024–––IRS
990December 2023$7,995,598$8,243,282$3,626,523XML
990-TDecember 2023–––IRS
990December 2022$7,993,857$8,012,507$3,222,974IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1885407).

Questions about TEAM NEO FOUNDATION

What is the EIN of TEAM NEO FOUNDATION?
The employer identification number (EIN) of TEAM NEO FOUNDATION is 34-1885407.
Is TEAM NEO FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to TEAM NEO FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEAM NEO FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TEAM NEO FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TEAM NEO FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of TEAM NEO FOUNDATION?
The 990 for the year ended December 31, 2025 names Matthew Dolan.
Who are the officers and directors of TEAM NEO FOUNDATION?
The 990 for the year ended December 31, 2025 lists 65 people; 15 received compensation from the organization, the highest $312,010 (Matt Dolan, CEO starting 2/2025).
How much revenue does TEAM NEO FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $8,558,371, expenses of $7,736,932 and total assets of $4,898,583 at year end.

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