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        <Description>ECONOMIC INCLUSION: THE COMMISSION ON ECONOMIC INCLUSION DRIVES THE GREATER CLEVELAND PARTNERSHIP'S EFFORTS TO ENSURE FULL PARTICIPATION OF MINORITY INDIVIDUALS AND BUSINESSES IN THE REGION'S ECONOMY. THE COMMISSION FOCUSES ON ACHIEVING MEASURABLE, DEMONSTRATED SUCCESS THROUGH INCREASES IN: (1) BOARD, SENIOR MANAGEMENT, WORKFORCE AND SUPPLIER DIVERSITY AMONG ITS MORE THAN 100 MEMBER EMPLOYERS AND (2) TOTAL REVENUE, SIZE, VALUE, AND NUMBER OF EMPLOYEES OF NORTHEAST OHIO MINORITY-OWNED BUSINESSES. TO SUPPORT THE DIVERSITY AND INCLUSION GOALS OF OUR 100+ MEMBER EMPLOYERS, THE COMMISSION PROVIDED SEVERAL PRODUCTS AND SERVICES, INCLUDING THE FOLLOWING: EXPANDED THE ANNUAL DIVERSITY PROFESSIONALS CONFERENCE TO A FULL-DAY FORMAT WITH THE FOCUS ON APPLIED CULTURAL COMPETENCE. THE EGF PARTNERED WITH BUSINESS VOLUNTEERS UNLIMITED TO OFFER "THE ROLE OF THE BOARD" TRAINING WITH GOAL FOR AT LEAST 10 COMMISSION PARTICIPANTS TO BE PLACED ON NONPROFIT BOARDS IN 2011. THE EGF LAUNCHED A NEW TOOL, THE CORPORATE 5 X 3 METRICS AND MEASURES SCORECARD. THE ANNUAL EMPLOYERS SURVEY ON DIVERSITY FOR OUR REGION WAS CONDUCTED. THIS REPORT PROVIDES OUR COMMUNITY AND LOCAL EMPLOYERS WITH A STATUS REPORT ON OUR PROGRESS IN ECONOMIC INCLUSION METRICS. SOME MAJOR PRIORITIES RELATED TO MINORITY BUSINESS DEVELOPMENT WERE DEVELOPING AND STRENGTHENING PARTNERSHIPS WITH FOUR OTHER NONPROFITS FOCUSED, SOLELY OR IN PART, ON DEVELOPING MINORITY BUSINESS ENTERPRISES (MBE'S). THE COMMISSION RAISED $2.5 MILLION FOR THE FIRST PHASE OF THE WORKING CAPITAL LOAN BACK FUND TO BE LAUNCHED IN 2011. DOLLARS PROVIDED BY THE FUND WILL BE USED AS COLLATERAL TO SECURE WORKING CAPITAL LINES OF CREDIT TO SUPPORT VIABLE AFRICAN-AMERICAN AND HISPANIC-OWNED COMPANIES. THE COMMISSION WAS AWARDED TWO GRANTS TOTALING $1.15 MILLION TO SUPPORT THE MINORITY BUSINESS ACCELERATOR 2.5+ INITIATIVE AND TO HELP LAUNCH THE ACCESS-TO-CAPITAL FUND. THE MINORITY BUSINESS ACCELERATOR 2.5+ CLOSED A TOTAL OF 54 DEALS VALUED AT $131.6 MILLION BETWEEN APRIL 2008, WHEN THE FIRST DEAL WAS ANNOUNCED, AND DECEMBER 2010. OF THESE, 49 DEALS WERE CLOSED WITH AFRICAN-AMERICAN MINORITY BUSINESS ENTERPRISES (MBE'S) AND FIVE DEALS WERE CLOSED WITH HISPANIC MBE'S. THESE RESULTS INCLUDE 249+ JOBS CREATED,$2.2 MILLION IN LINES OF CREDIT AND BONDING SECURED AND OVER $793 MILLION IN BUSINESS OPPORTUNITIES IDENTIFIED OVER THE PAST THREE YEARS. THE COMMISSION JOINED WITH THE PRESIDENT'S COUNCIL TO RE-LAUNCH THE BOARDROOM TO BOARDROOM PROGRAM, WHICH PROVIDES BUSINESS MANAGEMENT AND CONSULTING SERVICES TO AFRICAN-AMERICAN AND OTHER MBE'S).</Description>
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        <Description>ADVOCACY: THE ECONOMIC GROWTH FOUNDATION SUPPORTED THE SURVEY ANALYSIS OF VOTER ATTITUDES TOWARD A PROPOSED COUNTY CHARTER FOR CUYAHOGA COUNTY.</Description>
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        <Explanation>INCOME TAXES: THE GREATER CLEVELAND PARTNERSHIP AND ITS SUBSIDIARIES ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, GREATER CLEVELAND PARTNERSHIP AND ITS SUBSIDIARIES MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX EXEMPT STATUS OF GCP, CDF, EGF AND NORTECH AND VARIOUS POSITIONS RELATED THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER OF 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTELMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, RELCASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES AT DECEMBER 31, 2010 AND 2009.</Explanation>
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        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
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        <NamePerson>MARBURY SHANA</NamePerson>
        <BaseCompensationFilingOrg>3638</BaseCompensationFilingOrg>
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        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
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    </IRS990ScheduleJ>
    <IRS990ScheduleL documentId="RetDoc1042800001">
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>SCOTT CHAIKIN</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>BOARD MEMBER</Relationship>
        <AmountOfTransaction>163388</AmountOfTransaction>
        <DescriptionOfTransaction>PROF SERV</DescriptionOfTransaction>
        <SharingOfRevenues>0</SharingOfRevenues>
      </Form990ScheduleLPartIV>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION B, LINE 11</Identifier>
        <Explanation>FINANCE STAFF, IN CONJUNCTION WITH THE TAX PREPARER, COMPILES THE INFORMATION NEEDED TO COMPLETE THE FORM 990. UPON COMPLETION, FINANCE MANAGEMENT CONDUCTS A DETAILED REVIEW OF THE RETURN AND MAKES FINAL ADJUSTMENTS, IF NECESSARY. FINANCE MANAGEMENT STAFF REVIEWS THE RETURNS WITH THE AUDIT, FINANCE, AND EXECUTIVE COMMITTEES. THE FINAL VERSION OF THE FORM 990 IS GIVEN ELECTONICALLY AND/OR BY HARD COPY TO EACH BOARD MEMBER FOR REVIEW PRIOR TO SUBMISSION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>THE BOARD OF DIRECTORS AND STAFF OF THE GCP ARE EXPECTED TO MAINTAIN THE HIGHEST ETHICAL STANDARDS IN CONDUCTING THE BUSINESS OF THE GCP. THE BOARD AND STAFF CONFLICT OF INTEREST POLICIES ARE INTENDED TO PROVIDE CLEAR GUIDANCE TO ENSURE THAT THE GCP'S BUSINESS IS CONDUCTED WITH INTEGRITY, AND IN COMPLIANCE WITH ALL APPLICABLE LAWS, AND IN A MANNER THAT EXCLUDES CONSIDERATIONS OF PERSONAL ADVANTAGE OR GAIN. ALL BOARD AND STAFF MEMBERS SHALL ANNUALLY RECEIVE A REMINDER OF THEIR AGREEMENT TO COMPLY WITH THE POLICY AND SIGN A DECLARATION INDICATING THEIR ACCEPTANCE. ANY VIOLATION OF THE BOARD POLICY WILL SUBJECT A BOARD MEMBER TO APPROPRIATE ACTION, UP TO AND INCLUDING, REMOVAL FROM THE BOARD. WHEN QUESTIONS ARISE CONCERNING ANY ASPECT OF THIS POLICY, BOARD MEMBERS ARE ENCOURAGED TO CONTACT THE BOARD CHAIR. VIOLATIONS OF THIS POLICY SHOULD BE REPORTED TO THE BOARD CHAIR OR THE CONFIDENTIAL AND INDEPENDENT 24-HOUR HELPLINE PROVIDER, NATIONAL HOTLINE SERVICES. THE DISINTERESTED MEMBERS OF THE GCP EXECUTIVE COMMITTEE SHALL MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION, IF ANY, IS APPROPRIATE. THE GCP EXECUTIVE COMMITTEE SHALL INFORM THE BOARD OF SUCH DETERMINATION AND ACTION. THE BOARD SHALL RETAIN THE RIGHT TO MODIFY OR REVERSE SUCH DETERMINATION AND ACTION, AND SHALL RETAIN THE ULTIMATE ENFORCEMENT AUTHORITY WITH RESPECT TO THE INTERPRETATION AND APPLICATION OF THIS POLICY. THE CEO, OR HIS/HER DESIGNEE SHALL MAKE A DETERMINATION REGARDING STAFF MEMBERS AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION, IF ANY, IS APPROPRIATE. ANY VIOLATION OF THE STAFF POLICY WILL SUBJECT THE EMPLOYEE TO DISCIPLINE, UP TO AND INCLUDING, IMMEDIATE DISCHARGE. WHEN QUESTIONS ARISE CONCERNING ANY ASPECT OF THIS POLICY, EMPLOYEES SHOULD CONTACT THE HUMAN RESOURCES DEPARTMENT OR THE CONFIDENTIAL AND INDEPENDENT 24-HOUR HELPLINE PROVIDER, NATIONAL HOTLINE SERVICES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>AN ANNUAL PERFORMANCE EVALUATION PROCESS IS CONDUCTED FOR ALL EMPLOYEES. COMPENSATION FOR ALL EMPLOYEES IS EVALUATED AGAINST THE MARKET. THE GREATER CLEVELAND PARTNERSHIP'S, EGF'S PARENT COMPANY, CODE OF REGULATIONS AUTHORIZES THE BOARD OF DIRECTORS TO APPOINT A COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE CONSISTS OF THREE BOARD MEMBERS, INCLUDING GCP'S BOARD CHAIR, THE IMMEDIATELY PRECEDING BOARD CHAIR, AND THE COSE GSI BOARD CHAIR. THE COMMITTEE HAS THE RESPONSIBILITY, AMONG OTHERS, FOR COMPENSATION AND PERFORMANCE EVALUATIONS FOR THE PRESIDENT/CE0 AND THE PRESIDENT AND EXECUTIVE DIRECTOR OF COSE GSI. THE GCP COMPENSATION COMMITTEE UTILIZES BOTH THE RESOURCES OF AN INDEPENDENT CONSULTING FIRM AND OTHER SURVEYS SUCH AS THE GUIDESTAR COMPENSATION REPORT AND THE ASAE (ASSOCIATION INDUSTRY) COMPENSATION REPORT IN THE EVALUATION PROCESS TO PROVIDE NATIONAL AND LOCAL COMPENSATION COMPARABLE DATA. THE RESULTS OF THE LATEST SURVEY (GCP EXECUTIVE COMPENSATION STUDY) PROVIDED THAT THE GCP DIRECT PAY AND INDIRECT PAY PROGRAMS REFLECT MARKET MEDIANS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>NO DOCUMENTS AVAILABLE TO THE PUBLIC.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES IN NET ASSETS OR FUND BALANCES:</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 5:</ReturnReference>
        <Explanation>NET UNREALIZED LOSSES ON INVESTMENTS: -376,977. REVENUE RELEASED FROM RESTRICTION -71,841. TOTAL TO FORM 990, PART XI, LINE 5: -448,818.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART IV, LINE 12 AUDITED FINANCIAL STATEMENTS</ReturnReference>
        <Explanation>THE PROCESS RELATING TO AUDIT OVERSIGHT AND AUDITOR SELECTION HAS NOT CHANGED FROM THE PRIOR YEAR.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART IV, LINE 12 AUDITED FINANCIAL STATEMENTS</ReturnReference>
        <Explanation>THE FINANCIAL STATEMENTS AND RELATED STATEMENTS OF ACTIVITIES, FUNCTIONAL EXPENSES, AND CASH FLOWS OF THE ECONOMIC GROWTH FOUNDATION (EGF) WERE AUDITED ON A CONSOLIDATED BASIS. REFER TO FORM 990 SCHEDULE R FOR DETAILS OF THE RELATED ORGANIZATIONS.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
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          <BusinessNameLine1>GREATER CLEVELAND PARTNERSHIP</BusinessNameLine1>
        </NameOfDisregardedEntity>
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          <AddressLine1>1240 HURON ROAD E SUITE 400</AddressLine1>
          <City>CLEVELAND</City>
          <State>OH</State>
          <ZIPCode>44115</ZIPCode>
        </AddressUS>
        <EIN>340149250</EIN>
        <PrimaryActivities>MOBILIZES PRIVATE SECTOR LEADERSHIP, EXPERTISE, AND RESOURCES TO CREATE JOBS</PrimaryActivities>
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        <ExemptCodeSection>501(C)(6)</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
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          <AddressLine1>737 BOLIVAR ROAD</AddressLine1>
          <City>CLEVELAND</City>
          <State>OH</State>
          <ZIPCode>44115</ZIPCode>
        </AddressUS>
        <EIN>341316549</EIN>
        <PrimaryActivities>TO ENHANCE LEADERSHIP AND GROWTH THROUGH TECHNOLOGY DEVELOPMENT INNOVATION</PrimaryActivities>
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        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>9</PublicCharityStatus>
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          <City>CLEVELAND</City>
          <State>OH</State>
          <ZIPCode>44115</ZIPCode>
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        <EIN>346528498</EIN>
        <PrimaryActivities>DEVELOPING AND IMPROVING CLEVELAND'S CIVIC VISIONS.</PrimaryActivities>
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        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>9</PublicCharityStatus>
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          <BusinessNameLine1>GREATER CLEVELAND PARTNERSHIP</BusinessNameLine1>
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          <BusinessNameLine1>COSE GROUP SERVICES INC</BusinessNameLine1>
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          <City>CLEVELAND</City>
          <State>OH</State>
          <ZIPCode>44115</ZIPCode>
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        <EIN>341402329</EIN>
        <PrimaryActivity>SMALL BUSINESS ACCESS TO AFFORDABLE/QUALITY GROUP INSURANCE</PrimaryActivity>
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          <BusinessNameLine1>GCP SHARED SERVICES INC</BusinessNameLine1>
        </NameOfRelatedOrg>
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          <AddressLine1>1240 HURON ROAD E SUITE 400</AddressLine1>
          <City>CLEVELAND</City>
          <State>OH</State>
          <ZIPCode>44115</ZIPCode>
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        <EIN>208637606</EIN>
        <PrimaryActivity>LEASE MANAGEMENT</PrimaryActivity>
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      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
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      <ReimbursementPaidByOtherOrg>0</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>0</OtherTransferToOtherOrg>
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          <BusinessNameLine1>GREATER CLEVELAND PARTNERSHIP</BusinessNameLine1>
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        <TransactionType>O</TransactionType>
        <AmountInvolved>1383002</AmountInvolved>
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