Overview
What is Ohio Municipal Advisory Council?
The Ohio Municipal Advisory Council is a nonprofit organization situated in Twinsburg, Ohio. Its primary mission is to support municipalities by disseminating information about their debt issues to potential investors. This service aids cities in securing funding for their debt-related needs. The council also releases an annual series of publications focused on municipal debt, which are beneficial for both the public and underwriters. With a team of 10 dedicated individuals, the Ohio Municipal Advisory Council plays a crucial role in fostering financial stability for local municipalities.
Official website here: www.ohiomac.com
Is Ohio Municipal Advisory Council legitimate?
Ohio Municipal Advisory Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Ohio Municipal Advisory Council 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: $597,800
For more financial information, click here
Official website here: www.ohiomac.com
What is the mission statement of Ohio Municipal Advisory Council?
The Ohio Municipal Advisory Council serves a crucial role in aiding municipalities by providing essential information about available municipal debt to public investors. This service facilitates cities in securing investors for their debt issues. Furthermore, the council releases several publications related to municipal debt annually, targeting both the public and underwriters. In essence, the Ohio Municipal Advisory Council plays a significant role in fostering investment opportunities for municipalities by disseminating relevant information about their debt.
Official website here: www.ohiomac.com
What is the revenue of Ohio Municipal Advisory Council?
Ohio Municipal Advisory Council's revenue in 2024 was $908,859.
Official website here: www.ohiomac.com
Who are the executives of Ohio Municipal Advisory Council and what are their salaries?
The average compensation at Ohio Municipal Advisory Council during 2024 was $59,780. There are 10 employees at Ohio Municipal Advisory Council.
Here are 11 key members and their salaries:
- Compensation: $105,636
- Related: $0
- Other: $6,469
- Compensation: $87,731
- Related: $0
- Other: $6,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ohiomac.com
Where can I find the form 990 for Ohio Municipal Advisory Council?
Ohio Municipal Advisory Council's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ohiomac.com
Learn more at the official website: www.ohiomac.com
Mission Statement of Ohio Municipal Advisory Council
The Ohio Municipal Advisory Council plays a crucial role in aiding municipalities by offering valuable information to public investors regarding available municipal debt. This organization serves as a bridge between cities seeking to obtain investors for their debt issues and the investors themselves. By providing this essential information, the Ohio Municipal Advisory Council facilitates the process of securing financing for municipalities, thereby supporting their growth and development.
In addition to its primary function, the Ohio Municipal Advisory Council also releases several publications related to municipal debt annually. These publications are distributed to both the public and underwriters, offering in-depth insights into the world of municipal finance. By staying informed through these publications, stakeholders can make more informed decisions about investing in municipal debt, ultimately benefiting both the municipalities and the investors involved.
In summary, the Ohio Municipal Advisory Council is a vital resource for municipalities seeking to finance their debt issues. By providing essential information to public investors, the organization plays a crucial role in facilitating the financing process, thereby supporting the growth and development of municipalities across the board. Through its publications, the Ohio Municipal Advisory Council also ensures that stakeholders remain informed about the latest trends and developments in municipal finance, enabling them to make informed investment decisions.
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Impact
October, 2024
The Ohio Municipal Advisory Council plays a crucial role in facilitating access to municipal debt for cities by providing vital information to public investors. By disseminating knowledge about available municipal debt options, the Council helps municipalities attract investors for their debt issues, thereby enhancing their financial capabilities to fund community projects and improvements.
Additionally, the Council publishes a variety of materials each year that educate both the public and underwriters about municipal debt trends and opportunities. This information not only assists in making informed investment decisions but also promotes transparency in the municipal bond market. Through its efforts, the Ohio Municipal Advisory Council significantly contributes to the financial health and growth of communities throughout the state.
This information is meant to be a general summary of Ohio Municipal Advisory Council. 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 2024.
- Investment Income: $81,898
- Program Service Revenue: $826,961
- Gross Receipts: $908,859
Assets and Liabilities:
- Total Assets: $3,390,277
- Total Liabilities: $35,742
- Net Assets: $3,354,535
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REPORTS AND FEES
Revenue
$657,100
MEMBERSHIP DUES
Revenue
$115,100
MEMBERSHIP DUES OTHER
Revenue
$54,761
Organization Details
Founding Year
1931
Principal Officer
Katie Moody
Website
www.ohiomac.comNTEE Category
Code: S03 - Community improvement
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