Overview
What is Strategic Ohio Council For Higher Education?
Strategic Ohio Council For Higher Education (SOCHE) is a nonprofit organization situated in Beavercreek, Ohio. Its primary mission is to foster collaboration between higher education institutions, colleges, universities, and industries, aiming to boost the economy through education and employment. SOCHE offers a student internship program that benefits science and engineering students from Wright Patterson Air Force Base and the Air Force Institute of Technology, as well as students from various occupational backgrounds in regional companies. This program provides students with valuable academic and financial opportunities, allowing them to work in state-of-the-art laboratories with top professionals. Additionally, the experience gained can be utilized for capstone projects, cooperative education, and graduate research. By expanding internships in industry clusters, SOCHE aims to increase economic vitality by securing a future workforce. The organization currently employs 210 individuals.
Official website here: www.soche.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Strategic Ohio Council For Higher Education has earned a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. The charity's overall score of 81% highlights its commitment to responsible financial management and transparency, with a full score in areas such as independent board membership and financial oversight.
Strengths of the organization include a completely independent board of directors and a strong program expense ratio of 83.43%, indicating that a significant portion of its resources is directed toward its programs rather than administrative costs. The presence of various policies, including conflict of interest and whistleblower policies, further demonstrates its adherence to ethical standards and best practices.
While the charity performs well in several areas, the data does not provide insights into impact or effectiveness beyond financial metrics. Additionally, the presence of a high salary for the president may raise questions for some about resource allocation; however, the remaining board members do not draw salaries. Overall, the organization shows a commitment to accountability, which is crucial for donor trust.
This AI summary has been generated from information found on Charity Navigator.
Is Strategic Ohio Council For Higher Education legitimate?
Strategic Ohio Council For Higher Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strategic Ohio Council For Higher Education 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: $232,444
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,096,500
For more financial information, click here
Official website here: www.soche.org
What is the mission statement of Strategic Ohio Council For Higher Education?
The Strategic Ohio Council For Higher Education serves as a collaborative infrastructure for higher education. Its mission is to lead in fostering higher education collaboration, engaging with colleges, universities, and industry to stimulate economic transformation through education and employment. The organization offers a student internship program, providing science and engineering students from Wright Patterson Air Force Base, the Air Force Institute of Technology, and regional companies with state-of-the-art laboratory experiences and top-notch mentorship. This not only benefits students academically and financially but also allows them to apply these experiences to capstone projects, cooperative education, and graduate research. The Air Force and the region benefit from the influx of energetic students and innovative ideas, while the organization continues to expand internship opportunities in industry clusters to bolster economic vitality by securing a future workforce.
Official website here: www.soche.org
Who is the CEO of Strategic Ohio Council For Higher Education?
Cassie Barlow is the Trustee - Chair of Strategic Ohio Council For Higher Education.
Official website here: www.soche.org
What is the revenue of Strategic Ohio Council For Higher Education?
Strategic Ohio Council For Higher Education's revenue in 2022 was $6,074,275.
Official website here: www.soche.org
Who are the executives of Strategic Ohio Council For Higher Education and what are their salaries?
The average compensation at Strategic Ohio Council For Higher Education during 2022 was $11,090. There are 210 employees and 24 volunteers at Strategic Ohio Council For Higher Education.
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- Compensation: $210,821
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- Other: $21,623
Official website here: www.soche.org
Where can I find the form 990 for Strategic Ohio Council For Higher Education?
Strategic Ohio Council For Higher Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.soche.org
Learn more at the official website: www.soche.org
Mission Statement of Strategic Ohio Council For Higher Education
Strategic Ohio Council For Higher Education, commonly referred to as SOCHE, serves as a collaborative infrastructure for higher education. Its mission is centered around fostering higher collaboration between colleges, universities, and industry. The primary goal is to transform the economy by leveraging education and employment opportunities. SOCHE achieves this by providing student internships, particularly for science and engineering students at Wright Patterson Air Force Base and the Air Force Institute of Technology, as well as students from various occupational backgrounds in local companies. These internships offer students the chance to work in state-of-the-art laboratories alongside top professionals, thereby gaining valuable academic and financial benefits. Furthermore, the internship experience can be utilized for capstone projects, cooperative education, and graduate research. In turn, the air force and region benefit from the influx of energetic and innovative students contributing to various projects. Additionally, SOCHE is expanding its internship program in industry clusters across the region to bolster economic vitality by securing a future workforce.
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Impact
October, 2024
The Strategic Ohio Council for Higher Education (SOCHE) serves as a vital collaborative infrastructure that connects higher education institutions with industries, driving significant economic transformation in the region. Through its student internship program, SOCHE provides science and engineering students at Wright Patterson Air Force Base, the Air Force Institute of Technology, and various companies in the area with hands-on experience in state-of-the-art laboratories. This program not only enhances students' academic and financial prospects but also allows them to apply their learning to real-world projects, thereby enriching their educational journey through capstone projects, cooperative education, and graduate research opportunities.
The impact extends beyond the students; industries benefit from the fresh perspectives and innovative ideas these interns bring to their projects, fostering a dynamic workforce that is well-prepared to meet future challenges. SOCHE is committed to expanding these internship opportunities across various industry clusters, ensuring a robust pipeline of skilled talent that supports the region's economic vitality and workforce needs. By engaging with colleges, universities, and industry partners, SOCHE plays a critical role in transforming economic landscapes, creating a symbiotic relationship that enhances education and employment opportunities across Ohio.
This information is meant to be a general summary of Strategic Ohio Council For Higher Education. 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: $124,949
- Program Service Revenue: $5,756,912
- Gross Receipts: $6,074,275
Assets and Liabilities:
- Total Assets: $6,641,134
- Total Liabilities: $5,090,360
- Net Assets: $1,550,774
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAGSI STUDENT RESEARCH
Revenue
$3,473,111
ML STUDENT RESEARCH
Revenue
$1,122,206
INTERNSHIP PROGRAM
Revenue
$682,866
CIN-DAY CYBER
Revenue
$467,939
WORKSHOP INCOME
Revenue
$10,790
Organization Details
Founding Year
1967
Phone
(937) 258-8890Principal Officer
Cassie Barlow
Main Address
2750-B INDIAN RIPPLE RD 225, BEAVERCREEK, OH, 45440
Website
www.soche.orgNTEE Category
Code: B40A - Education
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