Overview
What is Jobsohio Beverage System?
Jobsohio Beverage System is a Columbus, Ohio-based nonprofit organization dedicated to reducing the governmental burdens of Ohio by granting funds to JobsOhio. These grants support JobsOhio in its job creation and broader economic development activities, as outlined in Chapter 4313 of the Ohio Revised Code. This partnership is intended to contribute positively to the State of Ohio's economy.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars) from Charity Navigator.
Jobsohio Beverage System has received a Three-Star rating from Charity Navigator, indicating a good level of performance in terms of accountability and finance. The organization achieved a score of 75%, which reflects its adherence to financial standards and transparency. This positive evaluation is based solely on its accountability and finance metrics, showcasing a solid foundation in these areas.
The organization demonstrates strong practices in governance, with a board composed of 80% independent members. Additionally, it has maintained a high score in critical financial areas, including complete audits and a robust conflict of interest policy. These practices contribute to the overall integrity and reliability of the organization.
However, while Jobsohio Beverage System showcases impressive financial allocation, with a program expense ratio of over 92%, the high salaries of its key personnel may raise some questions among donors regarding executive compensation. Overall, the nonprofit's commitment to accountability sets a strong precedent, but transparency in compensation could enhance its appeal to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Jobsohio Beverage System legitimate?
Jobsohio Beverage System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jobsohio Beverage System 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Jobsohio Beverage System?
The Jobsohio Beverage System is a grant-providing organization with the mission to alleviate the burdens of the State of Ohio's government. They accomplish this by funding JOBSOHIO's job creation and economic development activities, which are tax-exempt under Ohio Revised Code, Chapter 4313. The organization's primary goal is to contribute to the state's economic growth through grants and the execution of the functions outlined in Chapter 4313. In essence, the Jobsohio Beverage System's purpose is to facilitate economic advancement in Ohio by supporting JOBSOHIO's initiatives.
Who is the CEO of Jobsohio Beverage System?
Jp Nauseef is the President of Jobsohio Beverage System.
What is the revenue of Jobsohio Beverage System?
Jobsohio Beverage System's revenue in 2022 was $711,463,360.
Who are the executives of Jobsohio Beverage System and what are their salaries?
There 4 volunteers at Jobsohio Beverage System.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $611,854
- Other: $35,866
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $439,187
- Other: $26,516
- Compensation: $0
- Related: $296,833
- Other: $20,570
Where can I find the form 990 for Jobsohio Beverage System?
Jobsohio Beverage System's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jobsohio Beverage System
Jobsohio Beverage System is a mission-driven organization dedicated to reducing the burdens of the State of Ohio's government. This is accomplished by providing grants to Jobsohio to execute its job creation and economic development initiatives as outlined in Chapter 4313 of the Ohio Revised Code. In simpler terms, Jobsohio Beverage System operates a spirited liquor franchise with a tax-exempt status, which allows it to carry out this vital mission.
The primary focus of Jobsohio Beverage System is to generate jobs and stimulate economic growth within Ohio. By providing financial aid to Jobsohio, the organization enables it to pursue its goals and contribute to the betterment of the state. In addition to job creation, Jobsohio Beverage System assumes responsibility for implementing the functions outlined in Chapter 4313 of the Ohio Revised Code.
Jobsohio Beverage System's efforts are instrumental in supporting Ohio's economy, as it creates employment opportunities and fosters growth through its tax-exempt activities. The organization's unwavering commitment to lessening the burdens of government is a testament to its dedication to the people and prosperity of the State of Ohio.
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Impact
October, 2024
Jobsohio Beverage System plays a vital role in enhancing Ohio's economic landscape by operating a spirituous liquor franchise. This activity is essential in providing financial support to Jobsohio, facilitating its mission of job creation and economic development across the state. By generating revenue through the beverage system, Jobsohio Beverage System indirectly contributes to the functioning of state government initiatives, helping to alleviate financial burdens. This support aids local communities by fostering an environment for economic growth and improvement, ultimately benefiting Ohio residents and businesses alike. The initiative aligns with the goals set forth in Chapter 4313 of the Ohio Revised Code, further enhancing its impact on community development.
This information is meant to be a general summary of Jobsohio Beverage System. 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 2022.
- Investment Income: $164,280
- Gross Receipts: $1,730,162,944
Assets and Liabilities:
- Total Assets: $1,225,164,097
- Total Liabilities: $1,391,605,368
- Net Assets: -$166,441,271
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Organization Details
Founding Year
2004
Phone
(614) 224-6446Principal Officer
Jp Nauseef
Main Address
41 SOUTH HIGH STREET 1500, COLUMBUS, OH, 432156104
NTEE Category
Code: S32 - Community improvement
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