Overview
What is Ohio Contractors Association Advancement Foundation?
The Ohio Contractors Association Advancement Foundation, situated in Columbus, Ohio, is a nonprofit organization that focuses on supporting students pursuing higher education in construction and contracting-related fields. Their primary goal is to raise funds for various advancement opportunities, scholarships, and career prospects for these individuals. By doing so, they aim to contribute to the development of the construction and contracting sector, thereby enhancing the industry as a whole. The foundation's activities are centered around providing financial assistance and opportunities, fostering growth among aspiring professionals in these fields.
Official website here: www.ohiocontractors.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
The Ohio Contractors Association Advancement Foundation has received a commendable rating of 97%, reflecting strong performance in accountability and finance. This rating is significant as it indicates the organization’s commitment to transparency and effective financial management, with a perfect score in several key areas such as independent board member representation and the absence of material asset diversion.
The foundation boasts an impressive 83% of independent board members and maintains a robust governance structure, which is essential for ensuring that the organization operates in the best interest of its mission. Additionally, it demonstrates excellence in financial ratios, with an 80.47% allocation of expenses towards programs, highlighting its dedication to impactful work.
While the organization excels in many areas, ongoing monitoring of its programs and financial practices will be crucial for sustaining its high standards. Overall, the Ohio Contractors Association Advancement Foundation showcases a strong organizational framework and a commitment to accountability, instilling confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio Contractors Association Advancement Foundation legitimate?
Ohio Contractors Association Advancement Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Contractors Association Advancement Foundation 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
Official website here: www.ohiocontractors.org
What is the mission statement of Ohio Contractors Association Advancement Foundation?
The Ohio Contractors Association Advancement Foundation's mission is to raise funds for providing advancement opportunities, scholarships, and career prospects in the field of construction and contracting. The foundation aims to support individuals and students pursuing degrees in these areas, contributing to the growth and development of the construction industry. By offering such opportunities, the foundation seeks to empower the next generation of construction professionals. The foundation's activities primarily focus on providing financial aid and resources for education and career advancement.
Official website here: www.ohiocontractors.org
Who is the CEO of Ohio Contractors Association Advancement Foundation?
Christopher Runyan is the Treasurer/Secretary of Ohio Contractors Association Advancement Foundation.
Official website here: www.ohiocontractors.org
What is the revenue of Ohio Contractors Association Advancement Foundation?
Ohio Contractors Association Advancement Foundation's revenue in 2023 was $43,565.
Official website here: www.ohiocontractors.org
Who are the executives of Ohio Contractors Association Advancement Foundation and what are their salaries?
There 5 volunteers at Ohio Contractors Association Advancement Foundation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $262,096
- Other: $44,182
- 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: $0
- Other: $0
Official website here: www.ohiocontractors.org
Where can I find the form 990 for Ohio Contractors Association Advancement Foundation?
Ohio Contractors Association Advancement Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ohiocontractors.org
Learn more at the official website: www.ohiocontractors.org
Mission Statement of Ohio Contractors Association Advancement Foundation
The Ohio Contractors Association Advancement Foundation is committed to raising funds with the primary objective of creating advancement opportunities, scholarships, and career paths for individuals pursuing degrees in construction and contracting-related fields. By providing financial assistance, this nonprofit organization aims to empower students and professionals in these fields, contributing to the growth and development of the construction industry. The foundation's mission is instrumental in fostering a skilled workforce, ensuring a steady supply of qualified individuals to meet the industry's demands.
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Impact
August, 2024
The Ohio Contractors Association Advancement Foundation has a significant impact on the construction and contracting industry by providing advancement opportunities, scholarships, and career support for students and individuals pursuing degrees in related fields. Through its fundraising efforts, the foundation helps to bridge the gap between education and industry, supporting the development of skilled professionals in construction and contracting. This support not only benefits individuals seeking to enter the industry but also contributes to the overall growth and sustainability of the construction sector in Ohio.
This information is meant to be a general summary of Ohio Contractors Association Advancement Foundation. 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 2023.
- Investment Income: $36,565
- Gross Receipts: $43,565
Assets and Liabilities:
- Total Assets: $2,015,292
- Total Liabilities: $70,280
- Net Assets: $1,945,012
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Organization Details
Founding Year
2013
Phone
(614) 488-0724Principal Officer
Christopher Runyan
Main Address
1313 DUBLIN ROAD PO BOX 909, COLUMBUS, OH, 432160909
Website
www.ohiocontractors.orgNTEE Category
Code: B82 - Education
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