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Ohio Capital Corporation For Housing

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311265570 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Ohio Capital Corporation For Housing?

Ohio Capital Corporation for Housing (OCCH) is a dedicated nonprofit organization based on a mission to advance the preservation, production, and management of affordable housing. Through collaborative partnerships and innovative thought leadership, they strive to improve communities and enhance the lives of those they serve. OCCH's commitment extends to fostering a better living environment for people in need.


Official website here: www.occh.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Ohio Capital Corporation For Housing has received a Three-Star rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The overall score is based entirely on this category, indicating that the organization effectively manages its financial responsibilities. A score of 81% suggests a reliable level of transparency and fiscal health, which is crucial for potential donors and stakeholders.

The organization exhibits strong financial practices, evidenced by a perfect score in several key areas, such as the absence of material diversion of assets and comprehensive documentation of board meeting minutes. Additionally, they have robust policies in place, including conflict of interest and whistleblower policies, which contribute to their credibility and responsible governance.

While the 81% rating is commendable, it is important to note that the score may reflect limitations in other areas not evaluated, such as impact or program effectiveness. Overall, Ohio Capital Corporation For Housing demonstrates a commitment to financial accountability, making it a trustworthy option for those looking to support housing initiatives in Ohio.


This AI summary has been generated from information found on Charity Navigator.

Is Ohio Capital Corporation For Housing legitimate?

Ohio Capital Corporation For Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Capital Corporation For Housing 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: $6,447,606
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,082,017

For more financial information, click here


Official website here: www.occh.org

What is the mission statement of Ohio Capital Corporation For Housing?

Ohio Capital Corporation for Housing (OCCH) is dedicated to advancing the preservation, production, and management of affordable housing. They accomplish this through collaborative partnerships and innovative thought leadership. OCCH strives to enhance the lives of the people they serve and contribute to stronger communities. Their mission is to make a significant impact on the affordable housing sector by fostering strategic alliances and promoting forward-thinking solutions. They are committed to ensuring that everyone has access to safe and affordable housing, ultimately contributing to a more equitable society. Through their collaborative efforts and innovative approaches, OCCH is making a positive difference in the lives of many.


Official website here: www.occh.org

Who is the CEO of Ohio Capital Corporation For Housing?

Jennifer Mullaney is the Director / Chair of Ohio Capital Corporation For Housing.


Official website here: www.occh.org

What is the revenue of Ohio Capital Corporation For Housing?

Ohio Capital Corporation For Housing's revenue in 2022 was $44,332,623.


Official website here: www.occh.org

Who are the executives of Ohio Capital Corporation For Housing and what are their salaries?

The average compensation at Ohio Capital Corporation For Housing during 2022 was $217,495. There are 76 employees at Ohio Capital Corporation For Housing.


Here are 24 key members and their salaries:


Angela Mingo (Director / Chair)
  • Compensation: $14,300
  • Related: $0
  • Other: $0
Dennis Guest (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Harold D Keller (Director)
  • Compensation: $14,700
  • Related: $0
  • Other: $0
Jeanne Golliher (Director / Secretary)
  • Compensation: $11,700
  • Related: $0
  • Other: $0
Jeanne Schroer (Director)
  • Compensation: $9,800
  • Related: $0
  • Other: $0
John Lee (Director)
  • Compensation: $7,500
  • Related: $0
  • Other: $0
Richard Mcquady (Director)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Susan E Weaver (Director / Vice Chair)
  • Compensation: $16,500
  • Related: $0
  • Other: $0
Thomas Loos (Director / Treasurer)
  • Compensation: $10,900
  • Related: $0
  • Other: $0
Grandy Appleton (Director)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Barry Strayer (Cfo Of Cpoms)
  • Compensation: $193,095
  • Related: $0
  • Other: $12,394
Catherine Cawthon (President)
  • Compensation: $560,039
  • Related: $0
  • Other: $279,166
Chad Ketler (President Of Cpoms)
  • Compensation: $425,353
  • Related: $0
  • Other: $28,985
Jennifer Mullaney (Chief Financial Officer)
  • Compensation: $536,226
  • Related: $0
  • Other: $226,356
John Hartranft (Evp Risk And Corporate Counsel.)
  • Compensation: $394,476
  • Related: $0
  • Other: $236,836
Anthony Diblasi (Evp Operations And Asset Management)
  • Compensation: $567,075
  • Related: $0
  • Other: $247,880
Brian Langmeyer (Evp Of Development)
  • Compensation: $543,254
  • Related: $0
  • Other: $220,940
Jennifer Seamons (Evp, Capital Markets)
  • Compensation: $489,643
  • Related: $0
  • Other: $247,279
Jonathan D Welty (Executive Vice President)
  • Compensation: $583,328
  • Related: $0
  • Other: $217,091
Bradley Carman (Svp, Development)
  • Compensation: $428,224
  • Related: $0
  • Other: $203,491
Joseph Pimmel (Director Of Policy And Pro)
  • Compensation: $375,992
  • Related: $0
  • Other: $157,689
Lori Monroe (Director Of Underwriting)
  • Compensation: $381,260
  • Related: $0
  • Other: $187,716
Marcus Vivona (Svp, Asset Management)
  • Compensation: $320,370
  • Related: $0
  • Other: $167,376
Eric Klipfer (Senior Vp - Capital Markets)
  • Compensation: $284,725
  • Related: $0
  • Other: $64,765


Official website here: www.occh.org

Where can I find the form 990 for Ohio Capital Corporation For Housing?

Ohio Capital Corporation For Housing's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.occh.org

Learn more at the official website: www.occh.org

Mission Statement of Ohio Capital Corporation For Housing

Ohio Capital Corporation for Housing (OCCH) is a dedicated organization that works towards advancing the preservation, production, and management of affordable housing through collaborative partnerships and innovative thought leadership. By prioritizing this mission, OCCH strives to build stronger communities and enhance the lives of the people it serves.

In their pursuit to make a difference, OCCH fosters meaningful collaborations and employs groundbreaking ideas. Their efforts focus on preserving existing affordable housing units, developing new ones, and skillfully managing these properties to ensure they remain accessible to individuals and families in need. With a commitment to innovation, the organization takes a leading role in the affordable housing sector, bringing about positive change for communities and the people who call them home.

Ohio Capital Corporation for Housing is more than just an organization; it is a driving force behind the advancement of affordable housing solutions. Through their collaborative partnerships, they bring together various stakeholders to tackle the complex challenges surrounding affordable housing. Their innovative thought leadership not only shapes the affordable housing industry but also sets new standards for ensuring that everyone, regardless of financial circumstances, has access to a safe and affordable place to call home.

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Impact




October, 2024

Ohio Capital Corporation for Housing significantly impacts communities by advancing the preservation, production, and management of affordable housing. Through collaborative partnerships and innovative leadership, OCCH works to enhance living conditions and strengthen neighborhoods. Their commitment to affordable housing development not only addresses immediate housing needs but also fosters economic stability and community growth, ultimately improving the quality of life for residents in Columbus and beyond. This approach empowers individuals and families by providing safe, affordable housing options, while contributing to the overall vibrancy and sustainability of local communities.




This information is meant to be a general summary of Ohio Capital Corporation For Housing. 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.

Revenue
$44,332,623 (2022)
Expenses
$27,631,693 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $267,269
  • Program Service Revenue: $43,193,699
  • Gross Receipts: $44,332,623

Assets and Liabilities:

  • Total Assets: $173,323,407
  • Total Liabilities: $27,983,279
  • Net Assets: $145,340,128

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FLOW-THROUGH GAIN FROM INVESTMENT

Revenue

$14,544,237

ACQUISITION FEE

Revenue

$12,911,217

MANAGEMENT FEE

Revenue

$9,314,834

OTHER FEES

Revenue

$5,415,361

IMPACT FEE

Revenue

$1,008,050

Organization Details

Founding Year

1989

Principal Officer

Jennifer Mullaney

Main Address

88 EAST BROAD STREET SUITE 1800, COLUMBUS, OH, 43215

NTEE Category

Code: L190 - Housing

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