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Ohio Valley Educational Foundation Inc

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

EIN: 611311091 ✦ Shelbyville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Ohio Valley Educational Foundation Inc?

Ohio Valley Educational Foundation Inc is a nonprofit organization that collaborates with five local districts, namely Carroll, Gallatin, Henry, Owen, and Trimble Counties, in Kentucky. Their primary mission is to operate Kentucky's inaugural regional high school, named ILEAD. This Career Academy is designed to prepare students from these five counties for the OVEC region's top-paying, in-demand STEM careers. In addition to this, the foundation also offers educational services for students from preschool to grade 12, as supported by the R.C. Dunn Foundation, Inc.


Official website here: www.ovec.org

Is Ohio Valley Educational Foundation Inc legitimate?

Ohio Valley Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Valley Educational Foundation Inc submitted a form 990EZ, 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.ovec.org

What is the mission statement of Ohio Valley Educational Foundation Inc?

Ohio Valley Educational Foundation Inc collaborates with five local districts to establish Kentucky's first regional high school, known as ILEAD. The Career Academy at ILEAD aims to prepare students from these counties for the OVEC region's most lucrative and in-demand STEM careers. The foundation also offers educational services for students from primary to secondary levels, as supported by the R.C. Dunn Foundation, Inc. In summary, Ohio Valley Educational Foundation Inc's mission is to provide quality education and career preparation in STEM fields to students from its partnering districts.


Official website here: www.ovec.org

Who is the CEO of Ohio Valley Educational Foundation Inc?

Jason Adkins is the CEO of Ohio Valley Educational Foundation Inc The CEO's salary of Ohio Valley Educational Foundation Inc is $0 and their total compensation is $0.


Official website here: www.ovec.org

What is the revenue of Ohio Valley Educational Foundation Inc?

Ohio Valley Educational Foundation Inc's revenue in 2023 was $132,926.


Official website here: www.ovec.org

Who are the executives of Ohio Valley Educational Foundation Inc and what are their salaries?

Here are 10 key members and their salaries (Ohio Valley Educational Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Dr Leon Mooneyhan (Ceo - Retired 09302022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Adkins (Ceo - 10012022 To Present)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Elmore (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buddy Berry (Superintendent - Eminence Independent Schools)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Kelley Ransdell (Superintendent - Anchorage Independent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jesse Bacon (Superintendent - Bullitt Co Schools)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Jaynes (Superintendent - Carroll Co Schools)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheri Satterly (Superintendent - Frankfort Independent Schools)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kopp (Superintendent - Franklin Co Schools)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Cash (Superintendent - Gallatin Co Schools)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ovec.org

Where can I find the form 990EZ for Ohio Valley Educational Foundation Inc?

Ohio Valley Educational Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.ovec.org

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

Mission Statement of Ohio Valley Educational Foundation Inc

Ohio Valley Educational Foundation Inc, in collaboration with five local districts in Kentucky, plays a significant role in shaping the future of its region's youth. The organization operates Kentucky's first regional high school, named ILEAD, which prepares students from Carroll, Gallatin, Henry, Owen, and Trimble Counties for high-paying, in-demand STEM careers within the OVEC region. Beyond this, Ohio Valley Educational Foundation Inc provides educational services for students from primary school (P-12), as supported by the R.C. Dunn Foundation, Inc. Through its initiatives, the foundation aims to equip young minds with the skills necessary to excel in their chosen fields and contribute positively to their community.

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Impact




October, 2024

The Ohio Valley Educational Foundation Inc (OVEF) plays a crucial role in enhancing educational opportunities for students in Carroll, Gallatin, Henry, Owen, and Trimble Counties by operating Kentucky's first regional high school, ILEAD. This Career Academy focuses on preparing students for the region's highest wage and highest demand STEM careers, ensuring that they have the skills and knowledge necessary to succeed in today’s competitive job market.

By collaborating with five member districts, OVEF fosters a sense of community and shared resources, allowing for an expanded curriculum and specialized training that might not be feasible for individual schools. This innovative approach directly addresses the educational needs of the region, equipping students with the necessary tools to pursue lucrative careers in science, technology, engineering, and mathematics.

The impact of OVEF extends beyond individual students; it strengthens the workforce in the Ohio Valley region, contributing to economic growth and stability. As students graduate from ILEAD with relevant skills in high-demand fields, they not only improve their own prospects but also help meet the needs of local industries seeking qualified employees. This strategic focus on STEM education positions OVEF as a vital player in shaping the future workforce and boosting the economic vitality of the communities it serves.




This information is meant to be a general summary of Ohio Valley Educational Foundation Inc. 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
$132,926 (2023)
Expenses
$115,114 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $39
  • Gross Receipts: $132,926

Assets and Liabilities:

  • Total Assets: $314,773
  • Total Liabilities: $0
  • Net Assets: $314,773

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Organization Details

Principal Officer

Mark Elmore

NTEE Category

Code: B80Z - Education

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