- Revenue 2024
- $3,748,716
- Expenses 2024
- $3,869,411
As filed
- Subsection
- 06
- Classification
- 1000
- Street
- 2 MARITIME PLAZA
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
TO CREATE EMPLOYMENT AND THE CAPITAL INVESTMENT NEEDED TO SUSTAIN ECONOMIC GROWTH IN THE GREATER TOLEDO REGION, AND TO MAKE A SIGNIFICANT CONTRIBUTION TO POSITIVE ECONOMIC DEVELOPMENT IN NORTHWEST OHIO AND SOUTHEAST MICHIGAN.
Activities or mission (Part I)
TO CREATE EMPLOYMENT AND THE CAPITAL INVESTMENT NEEDED TO SUSTAIN ECONOMIC GROWTH.
-
KEY TO THE EXEMPT PURPOSE OF THE ORGANIZATION IS THE CREATION OF NEW EMPLOYMENT OPPORTUNITIES AND TO MAKE A SIGNIFICANT CONTRIBUTION TO ECONOMIC DEVELOPMENT IN NORTHWEST OHIO.
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Alex GerkenALEX GERKEN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Dan DowerDAN DOWER
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
David RabuanoDAVID RABUANO
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
David WatermanDAVID WATERMAN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Dean MonskeDEAN MONSKE
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Dione SomervilleDIONE SOMERVILLE
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Eric HeintschelERIC HEINTSCHEL
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Harlan ReichleHARLAN REICHLE
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Jim HoffmanJIM HOFFMAN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan BridgesJONATHAN BRIDGES
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Joshua HughesJOSHUA HUGHES
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kristin HuntKRISTIN HUNT
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Mark RoseMARK ROSE
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Matt SchroederMATT SCHROEDER
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Rodney RogersRODNEY ROGERS
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Scott HayesSCOTT HAYES
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Thomas ManahanTHOMAS MANAHAN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Todd MichaelsenTODD MICHAELSEN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
William McDonnellWILLIAM MCDONNELL
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
William PridgeonWILLIAM PRIDGEON
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Dean MonskeDEAN MONSKE
PRESIDENT/CEO
- Total calculated
- $259,821
- From this org
- $244,000
- From related orgs
- $0
- Other
- $15,821
- Hours/week
- 40
-
Gary ThompsonGARY THOMPSON
COO
- Total calculated
- $143,866
- From this org
- $133,000
- From related orgs
- $0
- Other
- $10,866
- Hours/week
- 40
-
John GibneyJOHN GIBNEY
EMPLOYEE
- Total calculated
- $152,834
- From this org
- $130,000
- From related orgs
- $0
- Other
- $22,834
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,000
- Bonus
- $0
- Other
- $0
- Deferred
- $5,200
- Nontaxable benefits
- $17,634
- Filer's total
- $152,834
-
Chase EikenbaryCHASE EIKENBARY
EMPLOYEE
- Total calculated
- $158,214
- From this org
- $140,000
- From related orgs
- $0
- Other
- $18,214
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,000
- Bonus
- $10,000
- Other
- $0
- Deferred
- $5,600
- Nontaxable benefits
- $12,614
- Filer's total
- $158,214
-
Jeff SpragueJEFF SPRAGUE
EMPLOYEE
- Total calculated
- $140,807
- From this org
- $130,000
- From related orgs
- $0
- Other
- $10,807
- Hours/week
- 40
The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $3,748,716
- Expenses
- $3,869,411
- Contributions
- $0
- Grants paid
- $0
-
2023
- Revenue
- $3,520,039
- Expenses
- $3,770,694
- Contributions
- $0
- Grants paid
- $0
-
2022
- Revenue
- $3,577,424
- Expenses
- $3,713,827
- Contributions
- $0
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $3,316,071
- Expenses
- $3,269,631
- Assets (EOY)
- $2,186,609
-
2020 · 990
- Revenue
- $2,977,041
- Expenses
- $2,838,792
- Assets (EOY)
- $1,861,637
-
2019 · 990
- Revenue
- $2,694,585
- Expenses
- $2,658,713
- Assets (EOY)
- $1,691,140
-
2018 · 990
- Revenue
- $2,870,703
- Expenses
- $2,562,202
- Assets (EOY)
- $1,618,677
-
2017 · 990
- Revenue
- $3,541,156
- Expenses
- $3,469,224
- Assets (EOY)
- $1,273,132
-
2016 · 990
- Revenue
- $4,582,361
- Expenses
- $4,105,742
- Assets (EOY)
- $1,162,743
-
2015 · 990
- Revenue
- $4,617,016
- Expenses
- $4,978,347
- Assets (EOY)
- $643,638
-
2014 · 990
- Revenue
- $4,015,189
- Expenses
- $3,745,339
- Assets (EOY)
- $993,317
-
2013 · 990
- Revenue
- $2,445,582
- Expenses
- $3,050,570
- Assets (EOY)
- $699,858
-
2012 · 990
- Revenue
- not reported
- Expenses
- $3,217,341
- Assets (EOY)
- $1,168,484
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
TOLEDO AREA CHAMBER FOUNDATION
$45,000
2022 FISCAL AGENCY DISTRIBUTION
-
$40,000
2022 2021 RGP INVESTMENT, 2022 RGP INVESTMENT
-
2023 SUPPORT ECONOMIC GROWTH
-
2022 SUPPORT ECONOMIC GROWTH
-
$25,000
2024 SUPPORT OPERATIONS
-
TOLEDO AREA CHAMBER FOUNDATION
$20,000
2023 FISCAL AGENCY DISTRIBUTION
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related partnerships on its 2024 return
-
ROCKET VENTURE FUND LLC
INVSTMNT, UNRELATED · INVESTING IN START-UP COMPANIES · OH · 4% owned · share of income -$233 · share of assets -$173,690 · general or managing partner
-
ROCKET VENTURE FUND II LLC
INVESTMENT · INVESTING IN START-UP COMPANIES · OH · 6.67% owned · share of income -$4,525 · share of assets $10,551
-
PROMEDICA VENTURES INNOVATION FUND III LLC
INVSTMNT, UNRELATED · INVESTING IN START-UP COMPANIES · OH · 3.33% owned · share of income -$479 · share of assets $65,098
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.