Downtown Cleveland Improvement Corporation

Public charity · Grantmaker Cleveland, OH EIN: 20-4254904

To engage in coordinating and facilitating the planning, design, and implementation of economic and community development to benefit the public and enhance social welfare.

Key facts about Downtown Cleveland Improvement Corporation

In short: Downtown Cleveland Improvement Corporation gave $5.2M across 1 grant in 2024 (avg $5.2M), mostly in Ohio. Source: 2024 IRS Form 990.

EIN
20-4254904
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$5,231,528
Grants made (2024)
1
Average grant
$5,231,528
Median grant
$5,231,528
Total assets
$5,269
Primary geography
Ohio (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$5K

+0.0% YoY

Annual Giving

$5.2M

-19.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$5.2M

-19.5% YoY

How Downtown Cleveland Improvement Corporation gives

  • Giving held roughly steady from 2021 to 2024 (+19%). Method

From the foundation's IRS Form 990 filings. Methodology.

About Downtown Cleveland Improvement Corporation

Based on IRS filings

Downtown Cleveland Improvement Corporation is a public charity focused on Community Improvement & Capacity Building, based in Cleveland, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 1 grant totaling $5.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Cleveland

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $3.7M (2020) to $6.5M (2023). In 2024 it made 1 grant totaling $5.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Downtown Cleveland Alliance: $5.2MDowntown Cleveland Alliance$5.2M

The largest 2024 recipient was Downtown Cleveland Alliance ($5.2M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M2$1–5M3$5M+

The most common grant size was $5M or more: 3 grants of 5 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Downtown Cleveland Alliance Cleveland, OHDowntown cleveland alliance and downtown cleveland improvement district programs$5,231,528

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$2M$4M$6M$8M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$5,269$5,269$5,269
Revenue$5,231,528$6,499,026$5,263,381
Expenses$5,231,528$6,499,026$5,263,381

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Downtown Cleveland Improvement Corporation is led by Micheale Deemer, President on every filing since 2022; none of the 33 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Micheale Deemer

    President

    On filings since 2022

    10 hrs/week

    No compensation reported

  • Tom Coyne

    Chair

    Vice Chair → Chair, 2023

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Albert Krist

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Damon Frangos

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joseph Bobeck Jr.

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Carney

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Sabracos

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mike Sikora

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Paul Shaia

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert George

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Roger Carran

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thomas Einhouse

    Immediate Past Chair

    Chair → Immediate Past Chair, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Blaine Griffin

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jeff Epstein

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Antonin Robert

    Secretary

    On filings since 2023

    1 hr/week

    No compensation reported

  • Brian Intihar

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Deb Janik

    Treasurer

    On filings since 2023

    1 hr/week

    No compensation reported

  • Doug Price III

    Vice Chair

    On filings since 2023

    1 hr/week

    No compensation reported

  • Ray Meuller

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Rico Pietro

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Yvette Ittu

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Anthony Bonavita

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Caroline Dillabaugh Nov-Curr

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Dan Joy Nov-Current

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Jason Phillips

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Jim Folk

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Joe Kassouf

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Linda Sternheimer Nov-Current

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Michael Apt Jan-Nov

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Nathan Kelly Nov-Current

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Scott Lokke Jan-Nov

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Suzanne Broadbent Jan-Nov

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Tj Asher

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (41)
  • Former: Joe Calabrese (2020–2023) — Board Member
  • Former: Suzanne Broadbent (2020–2023) — Board Member
  • Former: Jason Phillips Nov-Current (2022–2023) — Board Member
  • Former: Joe Kassouf Nov-Current (2022–2023) — Board Member
  • Former: Michael Apt (2022–2023) — Board Member
  • Former: Scott Lokke (2022–2023) — Board Member
  • Former: Anthony Bonavita Nov-Current (2023) — Board Member
  • Former: Eric Tolbert Resgn Jan (2023) — Treasurer
  • Former: Grace Gallucci Jan-May (2023) — Board Member
  • Former: India Birdsong Jan-May (2023) — Board Member
  • Former: Jim Folk May-Current (2023) — Board Member
  • Former: Michael Carney May-Current (2023) — Board Member
  • Former: Tj Asher May-Current (2023) — Board Member
  • Former: Yoofi Ocran Jan-May (2023) — Board Member
  • Former: Eric Tolbert (2020–2022) — Treasurer
  • Former: Grace Gallucci (2020–2022) — Board Member
  • Former: India Birdsong (2020–2022) — Board Member
  • Former: Yoofi Ocran (2020–2022) — Board Member
  • Former: Antonin Robert Nov-Current (2022) — Board Member
  • Former: Brian Intihar Nov-Current (2022) — Board Member
  • Former: Dan Mullinger Jan-Jul (2022) — Board Member
  • Former: Deb Janik Nov-Current (2022) — Board Member
  • Former: Doug Price Nov-Current (2022) — Board Member
  • Former: Kevin Kelley Resg Jan (2022) — Board Member
  • Former: Laurel Beverley Jan-Nov (2022) — Secretary
  • Former: Michael Carney Jan-Mar (2022) — Board Member
  • Former: Ray Meuller Nov-Current (2022) — Board Member
  • Former: Rico Pietro Nov-Current (2022) — Board Member
  • Former: Robert George Jan-Nov (2022) — Board Member
  • Former: Steven Calabrese Jan-Nov (2022) — Board Member
  • Former: Yvette Ittu May-Current (2022) — Board Member
  • Former: Brent Zimmerman (2020–2021) — Board Member
  • Former: Dan Mullinger (2020–2021) — Board Member
  • Former: Ken Till (2020–2021) — Board Member
  • Former: Kevin Kelley (2020–2021) — Board Member
  • Former: Laurel Beverley (2020–2021) — Secretary
  • Former: Steven Calabrese (2020–2021) — Board Member
  • Former: Valarie McCall (2020–2021) — Board Member
  • Former: Joseph A. Marinucci Jan-Apr (2021) — Former President
  • Former: Micheale Deemer May-Current (2021) — President
  • Former: Joseph A. Marinucci (2020) — President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Downtown Cleveland Improvement Corporation

How much does Downtown Cleveland Improvement Corporation give each year?

Downtown Cleveland Improvement Corporation gave $5.2M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $6.5M across 1 grant.

How large is Downtown Cleveland Improvement Corporation?

Downtown Cleveland Improvement Corporation reported $5K in total assets on its 2024 IRS Form 990. Its revenue that year was $5.2M.

What is Downtown Cleveland Improvement Corporation?

Downtown Cleveland Improvement Corporation is a public charity focused on Community Improvement & Capacity Building, based in Cleveland, OH. It holds $5K in total assets as of 2024.

Where does Downtown Cleveland Improvement Corporation operate?

Downtown Cleveland Improvement Corporation has awarded grants in Ohio.

What is Downtown Cleveland Improvement Corporation's EIN?

Downtown Cleveland Improvement Corporation's EIN (Employer Identification Number) is 20-4254904. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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