Overview
What is Ohio Capital Impact Corporation?
Ohio Capital Impact Corporation, established in December 2012, serves as the philanthropic arm of Ohio Capital Corporation for Housing. Its mission is to improve the lives of residents in affordable housing communities by providing funding for their educational, economic, health, and social welfare. The organization has undertaken significant program services, such as the Capital for Partners Program, the Resident Development Fund Program, Scholarship Program, and Digital Inclusion, each detailed in Question 4 of their Form 990. These initiatives aim to support the community and the organizations that serve it.
Is Ohio Capital Impact Corporation legitimate?
Ohio Capital Impact Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Capital Impact Corporation 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
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What is the mission statement of Ohio Capital Impact Corporation?
The Ohio Capital Impact Corporation (OCIC), established in December 2012, serves as the philanthropic arm of Ohio Capital Corporation for Housing. Its mission is to enhance the educational, economic, health, and social well-being of residents living in affordable housing. OCIC supports organizations that serve these residents and the communities where they reside. In 2022, they undertook significant program services, including the Capital for Partners Program, the Resident Development Fund Program, a Scholarship Program, and Digital Inclusion initiatives, as detailed in Part III, Question 4, of their Form 990.
Who is the CEO of Ohio Capital Impact Corporation?
Jennifer Mullaney is the Director / Chairman of Ohio Capital Impact Corporation. The CEO's salary of Ohio Capital Impact Corporation is $0 and their total compensation is $839,205.
What is the revenue of Ohio Capital Impact Corporation?
Ohio Capital Impact Corporation's revenue in 2022 was $4,048,346.
Who are the executives of Ohio Capital Impact Corporation and what are their salaries?
Here are 13 key members and their salaries (Ohio Capital Impact Corporation's CEO's salary is $0 and their total compensation is $839,205):
- Compensation: $0
- Related: $14,300
- Other: $0
- Compensation: $0
- Related: $6,000
- Other: $0
- Compensation: $0
- Related: $9,000
- Other: $0
- Compensation: $0
- Related: $9,800
- Other: $0
- Compensation: $0
- Related: $11,700
- Other: $0
- Compensation: $0
- Related: $7,500
- Other: $0
- Compensation: $0
- Related: $9,000
- Other: $0
- Compensation: $0
- Related: $16,500
- Other: $0
- Compensation: $0
- Related: $10,900
- Other: $0
- Compensation: $0
- Related: $14,700
- Other: $0
- Compensation: $0
- Related: $560,039
- Other: $279,166
- Compensation: $0
- Related: $536,226
- Other: $226,356
- Compensation: $0
- Related: $394,476
- Other: $236,836
Where can I find the form 990 for Ohio Capital Impact Corporation?
Ohio Capital Impact Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ohio Capital Impact Corporation
The Ohio Capital Impact Corporation, established in December 2012, serves as the philanthropic arm of Ohio Capital Corporation for Housing. With a mission to contribute funding, this organization aims to enhance the educational, economic, health, and social well-being of residents living in affordable housing. The corporation strives to uplift the communities where these residents reside and support the organizations that cater to their needs.
In pursuit of its mission, Ohio Capital Impact Corporation has undertaken various program services during 2022. These include the Capital for Partners Program, the Resident Development Fund Program, Scholarship Program, and Digital Inclusion. The specifics of these programs are detailed in part III, question 4 of their Form 990. The corporation's endeavors demonstrate its commitment to improving the quality of life for individuals residing in affordable housing and the organizations that serve them.
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Impact
October, 2024
Ohio Capital Impact Corporation (OCIC) primarily focuses on enhancing the quality of life for residents in affordable housing through its various programs. By providing funding and support, OCIC aims to address educational, economic, health, and social needs within communities.
Key initiatives include the Capital for Partners Program, which fosters collaboration and investment in community-driven projects, and the Resident Development Fund Program, designed to empower individuals through skill development and resources. The organization also supports educational advancement through its Scholarship Program and promotes digital inclusion to ensure residents have access to technology and the internet.
Overall, OCIC plays a crucial role in strengthening communities by investing in the well-being and opportunities for residents in affordable housing, ultimately contributing to the social and economic vitality of the regions it serves.
This information is meant to be a general summary of Ohio Capital Impact Corporation. 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: $19,915
- Program Service Revenue: $554,963
- Gross Receipts: $4,048,346
Assets and Liabilities:
- Total Assets: $12,108,306
- Total Liabilities: $1,438,172
- Net Assets: $10,670,134
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FORFEITED GRANTS
Revenue
$554,963
Organization Details
Founding Year
2012
Phone
(614) 224-8446Principal Officer
Jennifer Mullaney
Main Address
88 EAST BROAD STREET 1800, COLUMBUS, OH, 43215
NTEE Category
Code: L11 - Housing
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