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Organizations Growth Capital Corporation

Growth Capital Corporation

Fiscal year ending 2024. Filed on August 4, 2025.

1360 E 9th St Ste 950
Img Center Suite 950
Cleveland, Ohio 44114

Growth Capital Corporation (EIN: 34-1567708) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Growth Capital Corporation, a 501(c)(4) civic league or social welfare organization, reported compensation for 3 out of 7 total employees. Among the employees shown here, the average compensation is $218,572. The highest compensated employee at Growth Capital Corporation is John Kropf with fiscal year 2024 compensation of $338,545.

Revenue, expenses, and employee compensation

Revenue

$1,952,274

Expenses

$1,741,407

Employee compensation

$991,711
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Kropf
President and Executive
$338,545
$258,693 No related comp$79,852
Juan Hernandez
Business Development
$162,085
$155,384 No related comp$6,701
Jeffrey Sozio
SBA LOAN OFF
$155,086
$124,825 No related comp$30,261

Benchmark Employee Compensation

Non-Employee Board Members

Christopher Kolar
Director
Daniel Prendergast
Treasurer
David Kinzel
Director
Gloria Gates
Director
Jay Rutter
Director
Kelly Smith
Director
Kevin Schmotzer
Director
Tim Breckner
Director
Wesley Gillespie
Chair

Mission Statement

TO PROVIDE FINANCING ASSISTANCE TO AREA BUSINESSES AS PART OF AN OVERALL MISSION TO FOSTER ECONOMIC GROWTH AND JOB CREATION IN NORTHEAST OHIO.

Revisions to this organization profile

August 4, 2025:
2024 Growth Capital Corporation 990 filed
November 7, 2024:
2023 Growth Capital Corporation 990 filed
June 21, 2023:
2022 Growth Capital Corporation 990 filed

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Other organizations also named Growth Capital

University of Utah Growth Capital Partners Foundation
Salt Lake City, Utah
Milestone Growth Capital Institute
Detroit, Michigan