Overview
What is Greater Cleveland Sports Commission?
The Greater Cleveland Sports Commission (GCSC) is a 501(c)(3) nonprofit organization situated in Cleveland, Ohio, specifically at 334 Euclid Ave 100. Their mission is to boost the economic growth of Greater Cleveland and enrich the community by attracting, creating, managing, and enhancing significant sporting events. GCSC takes a unique approach by becoming a financial and management partner in each event, aiming to make them more successful in Cleveland than in other cities they've been held in. The organization is governed by a committed group of trustees representing esteemed local institutions and has a committed team of full-time staff members overseeing sports development, marketing, communications, fundraising, and events management. GCSC generates revenue through various sources, including contributions from the Board of Trustees, event fees, and public support. Since its re-foundation in 2000, GCSC has attracted and created over 210 sporting events and activities in the area, generating more than $830 million in economic impact, making it an integral part of Cleveland's economic future. The organization also sponsors youth education through sports programs, offering physical activity, unique experiences, and health and wellness education to children.
Official website here: www.clevelandsports.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Greater Cleveland Sports Commission has achieved an impressive Four-Star rating on Charity Navigator, reflecting its strong commitment to accountability and finance. The organization's overall score is based solely on these criteria, underscoring its operational transparency and effective use of resources. With a high program expense ratio of 86.83%, the commission demonstrates a substantial focus on delivering value through its initiatives.
One of the key strengths of the organization is its governance structure, which features a fully independent board, promoting unbiased decision-making. The commission also excels in maintaining rigorous financial oversight, as evidenced by its perfect scores in audit and oversight practices, conflict of interest policies, and document retention. This level of diligence enhances stakeholder confidence in the commission's stewardship of funds and resources.
While the organization shows exceptional performance in its financial and accountability metrics, no significant limitations were noted in the data. This positive evaluation suggests that the Greater Cleveland Sports Commission is effectively fulfilling its mission and is well-positioned to continue impacting the local sports community positively.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Cleveland Sports Commission legitimate?
Greater Cleveland Sports Commission is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Cleveland Sports Commission submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,367,556
Professional Fundraising Fees: $0
Other Salaries and Wages: $877,555
For more financial information, click here
Official website here: www.clevelandsports.org
What is the mission statement of Greater Cleveland Sports Commission?
The Greater Cleveland Sports Commission's mission is aimed at positively impacting the economy and enriching the community by attracting, creating, managing, and enhancing significant sporting and competitive events. The organization takes a unique approach, acting as a financial and management partner in each event with the goal of making these events more successful in Cleveland than in other cities where they have been held. The commission is a non-profit organization, funded through various sources, and has been responsible for attracting and creating over 210 sporting events to the area, generating over $830 million in economic impact. The commission has also established itself as a revenue-generating entity that has become an integral part of Cleveland's economic future. Sports commission events have not only brought in tens of millions of dollars annually but have also improved the city's image on national television and increased local pride. Furthermore, the commission supports youth education through sports programs with goals of providing physical activity, unique experiences, and health and wellness education.
Official website here: www.clevelandsports.org
What is the revenue of Greater Cleveland Sports Commission?
Greater Cleveland Sports Commission's revenue in 2023 was $3,718,186.
Official website here: www.clevelandsports.org
Who are the executives of Greater Cleveland Sports Commission and what are their salaries?
The average compensation at Greater Cleveland Sports Commission during 2023 was $60,679. There are 37 employees and 295 volunteers at Greater Cleveland Sports Commission.
Here are 91 key members and their salaries:
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Official website here: www.clevelandsports.org
Where can I find the form 990 for Greater Cleveland Sports Commission?
Greater Cleveland Sports Commission's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.clevelandsports.org
Learn more at the official website: www.clevelandsports.org
Mission Statement of Greater Cleveland Sports Commission
The Greater Cleveland Sports Commission, a not-for-profit organization, is dedicated to measurably improving the economy of its community and enriching the lives of its inhabitants. This is achieved by attracting, creating, managing, and enhancing significant sporting and competitive events. The commission takes a unique approach, becoming a management and financial partner in each event, aiming to produce events that are more successful in Cleveland than in other cities where they have been held.
The organization is governed by a committed group of trustees representing esteemed private, public, and not-for-profit institutions. The commission's full-time staff oversees sports development, marketing, communications, fundraising, and events management. Since its re-foundation in 2000, the Greater Cleveland Sports Commission has been directly responsible for attracting and creating over 210 sporting events and activities to the Greater Cleveland area, generating over $830 million in economic impact.
The commission has established itself as a revenue-generating entity that has become an integral part of Cleveland's economic future. Sports commission events have become valued community assets, generating tens of millions of dollars annually for the local economy and providing opportunities for people to experience an exciting, diverse, and friendly city. The commission also sponsors youth education through its Youth Education Through Sports (YES) programs, which aim to provide children with physical activity, unique experiences, and health and wellness education.
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Impact
October, 2024
The Greater Cleveland Sports Commission (GCSC) plays a critical role in boosting the economy of Greater Cleveland by attracting, creating, managing, and enhancing significant sporting and competitive events. Since its re-founding in 2000, GCSC has brought over 210 events to the region, generating more than $830 million in economic impact. This influx of events not only contributes tens of millions of dollars annually to the local economy but also elevates Cleveland's profile nationally, with major televised competitions drawing attention to the city.
The commission adopts a unique approach by becoming a management and financial partner in events, ensuring a higher success rate than similar events held in other cities. This strategy has established the GCSC as a vital economic entity, with its events now regarded as valuable community assets. Beyond economic benefits, the commission actively engages in youth and community outreach initiatives that foster local pride and enhance community cohesion.
Programs like Youth Education Through Sports (YES) provide children with opportunities for physical activity, unique experiences, and health education, further enriching the local community. Economic studies have highlighted the long-term benefits of these initiatives, citing improvements in residents' perceptions of the region and a greater appreciation for its various assets. Overall, GCSC’s efforts significantly enhance the cultural and economic landscape of Greater Cleveland, promoting both short-term excitement and long-term benefits for the community.
This information is meant to be a general summary of Greater Cleveland Sports Commission. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $120,287
- Program Service Revenue: $1,547,787
- Gross Receipts: $3,778,019
Assets and Liabilities:
- Total Assets: $7,043,866
- Total Liabilities: $1,396,914
- Net Assets: $5,646,952
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPORTS AWARDS
Revenue
$1,189,963
SPORTING EVENTS
Revenue
$269,572
LICENSE PLATE REV
Revenue
$88,252
Organization Details
Founding Year
1993
Principal Officer
David Gilbert
Website
www.clevelandsports.orgNTEE Category
Code: Z99Z - Unknown
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