OHIO CAPITAL CORPORATION FOR HOUSING: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- OHIO CAPITAL CORPORATION FOR HOUSING (EIN 31-1265570)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202003219349318850
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T16:03:49-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7501 WISCONSIN AVENUE SUITE 400E | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311265570 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OHIO CAPITAL CORPORATION FOR HOUSING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OHIO | BusinessNameControlTxt |
| Phone | 6142248446 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 88 EAST BROAD STREET SUITE 1800 | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43215 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER MULLANEY | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6142248446 | PhoneNum |
| Signature | 2020-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GLENN M SHELTON | PreparerPersonNm |
| PTIN | P00228007 | PTIN |
| Phone | 3016529100 | PhoneNum |
| Preparation | 2020-11-16 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 209.59.242.37 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-16 | IPDt |
| IP Tm | 14:34:40 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F9BA0E82A6D947CC92540FBC56E8B73643681DA5 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARGARET MOERTL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 88 EAST BROAD STREET SUITE 1800 | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43215 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $102,341,403 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.OCCH.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1989 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 1 | VotingMembersIndependentCnt |
| Total Employee | 76 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | -$1,741 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$1,741 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $702,025 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,827,221 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $125,095,094 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $99,495,302 | CYProgramServiceRevenueAmt |
| PY Investment Income | $466,421 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,018,880 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $126,263,540 | PYTotalRevenueAmt |
| CY Total Revenue | $102,341,403 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,573,666 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,444,579 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $16,254,426 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,876,095 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $95,108,571 | PYOtherExpensesAmt |
| CY Other Expenses | $59,521,526 | CYOtherExpensesAmt |
| PY Total Expenses | $116,936,663 | PYTotalExpensesAmt |
| CY Total Expenses | $84,842,200 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,326,877 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $17,499,203 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $173,867,116 | TotalAssetsBOYAmt |
| Total Assets EOY | $167,120,734 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $82,031,924 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $57,784,598 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $91,835,192 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $109,336,136 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO CAUSE THE CONSTRUCTION, REHABILITATION AND PRESERVATION OF AFFORDABLE HOUSING BY PROVIDING RESOURCES AND TECHNICAL SUPPORT TO DEVELOPERS OF AFFORDABLE HOUSING. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $78,558,868 | ExpenseAmt |
| Grant | $6,444,579 | GrantAmt |
| Revenue | $99,497,043 | RevenueAmt |
| Desc | SEE SCHEDULE O. | Desc |
| Total Program Service Expenses | $78,558,868 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 33 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 76 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 1 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JENNIFER MULLANEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6142248446 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 88 EAST BROAD STREET SUITE 1800 | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43215 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| ANGELA MINGO | ||||||||||
| DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||||
| DANIEL M SLANE | ||||||||||
| CHAIRMAN/DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| DENNIS GUEST | ||||||||||
| DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEANNE GOLLIHER | ||||||||||
| DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN LEE | ||||||||||
| DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD MCQUADY | ||||||||||
| DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT J WEILER SR | ||||||||||
| OUTGOING SECRETARY | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| SUSAN E WEAVER | ||||||||||
| VICE-CHAIR/DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| THOMAS LOOS | ||||||||||
| TREASURER/DIRECTOR | 3.00 | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| HAROLD D KELLER | ||||||||||
| PRESIDENT / PRESIDENT EMERITUS | 37.00 | 3.00 | $972,496 | $0 | $57,762 | Yes (X) | ||||
| JENNIFER MULLANEY | ||||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | $395,615 | $0 | $71,405 | Yes (X) | |||||
| JOHN F KUKURA | ||||||||||
| CHIEF OF ACQUISITIONS | 40.00 | $712,483 | $0 | $81,040 | Yes (X) | |||||
| MARGARET MOERTL | ||||||||||
| PRESIDENT (INCOMING) | 40.00 | $271,241 | $0 | $41,543 | Yes (X) | |||||
| SUSAN K ZIEGLER | ||||||||||
| CHIEF OPERATING OFFICER | 37.00 | 3.00 | $557,247 | $0 | $71,210 | Yes (X) | ||||
| ANTHONY DIBLASI | ||||||||||
| CHIEF OF ASSET MANAGEMENT | 40.00 | $451,620 | $0 | $80,340 | Yes (X) | |||||
| JONATHAN D WELTY | ||||||||||
| VICE PRESIDENT | 30.00 | 10.00 | $492,924 | $0 | $56,699 | Yes (X) | ||||
| MERYDITH GREENE | ||||||||||
| CHIEF OF DEVELOPMENT | 40.00 | $351,350 | $0 | $64,552 | Yes (X) | |||||
| NANCY L TALLMAN | ||||||||||
| DIRECTOR | 40.00 | $231,067 | $0 | $67,717 | Yes (X) | |||||
| BRIAN LANGMEYER | ||||||||||
| VICE PRESIDENT | 40.00 | $423,861 | $0 | $64,307 | Yes (X) | |||||
| JOHN HARTRANFT | ||||||||||
| DIRECTOR | 40.00 | $239,647 | $0 | $66,834 | Yes (X) | |||||
| JOSEPH PIMMEL | ||||||||||
| DIRECTOR OF POLICY AND PROGRAMS | 40.00 | $357,975 | $0 | $57,199 | Yes (X) | |||||
| LORI MCMILLAN | ||||||||||
| DIRECTOR OF UNDERWRITING | 40.00 | $250,048 | $0 | $49,549 | Yes (X) | |||||
| BRADLEY CARMAN | ||||||||||
| VICE PRESIDENT | 40.00 | $242,842 | $0 | $64,768 | Yes (X) | |||||
| DOUGLAS R KLINGENSMITH | ||||||||||
| VICE PRESIDENT | 0.00 | $326,930 | $0 | $21,089 | Yes (X) | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,277,346 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $916,014 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 40 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BARNES & THORNBURG | |||||
| 41 S HIGH ST STE 3300 | COLUMBUS | OH | 43215 | LEGAL SERVICES | $543,396 |
| COHNREZNICK LLP | |||||
| 7501 WISCONSIN AVE SUITE 400 | BETHESDA | MD | 20814 | ACCOUNTING SERVICES | $287,455 |
| SQUIRE PATTON BOGGS | |||||
| 41 S HIGH STREET SUITE 2000 | COLUMBUS | OH | 43215 | LEGAL SERVICES | $215,245 |
| SHEPHERD CONSULTING | |||||
| 947 E JOHNSTOWN RD 277 | GAHANNA | OH | 43230 | CONSULTING | $130,769 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $1,769,389 | RelatedOrganizationsAmt |
| All Other Contributions | $57,832 | AllOtherContributionsAmt |
| Total Contributions | $1,827,221 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| HARDEST HIT FUND PROGRAM REVENUE | 531390 | $54,943,865 | $54,943,865 | |
| ACQUISITION FEE | 531390 | $16,536,835 | $16,536,835 | |
| FLOW-THROUGH GAIN FROM INVESTMENT | 531390 | $13,457,024 | $13,458,765 | -$1,741 |
| MANAGEMENT FEE | 531390 | $8,679,963 | $8,679,963 | |
| OTHER FEES | 900099 | $4,254,244 | $4,254,244 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,623,371 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,623,371 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $99,495,302 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,018,880 | TotalRevenueColumnAmt |
| Exclusion | $1,018,880 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $102,341,403 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $99,497,043 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$1,741 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,018,880 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,444,579 | TotalAmt |
| Program Services | $6,444,579 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,114,443 | TotalAmt |
| Program Services | $3,081,643 | ProgramServicesAmt |
| Management And General | $1,032,800 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,513,758 | TotalAmt |
| Program Services | $8,536,778 | ProgramServicesAmt |
| Management And General | $2,976,980 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,083,411 | TotalAmt |
| Program Services | $867,432 | ProgramServicesAmt |
| Management And General | $215,979 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,328,552 | TotalAmt |
| Program Services | $1,063,705 | ProgramServicesAmt |
| Management And General | $264,847 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $835,931 | TotalAmt |
| Program Services | $619,815 | ProgramServicesAmt |
| Management And General | $216,116 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,038 | TotalAmt |
| Management And General | $199,038 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,711 | TotalAmt |
| Program Services | $80,599 | ProgramServicesAmt |
| Management And General | $20,112 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,695 | TotalAmt |
| Program Services | $149,160 | ProgramServicesAmt |
| Management And General | $34,535 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,000 | TotalAmt |
| Program Services | $38,976 | ProgramServicesAmt |
| Management And General | $9,024 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $558,935 | TotalAmt |
| Program Services | $453,720 | ProgramServicesAmt |
| Management And General | $105,215 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,896 | TotalAmt |
| Program Services | $81,936 | ProgramServicesAmt |
| Management And General | $34,960 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,969 | TotalAmt |
| Program Services | $46,773 | ProgramServicesAmt |
| Management And General | $32,196 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $266,768 | TotalAmt |
| Program Services | $90,224 | ProgramServicesAmt |
| Management And General | $176,544 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450,578 | TotalAmt |
| Program Services | $373,379 | ProgramServicesAmt |
| Management And General | $77,199 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $572,198 | TotalAmt |
| Program Services | $545,255 | ProgramServicesAmt |
| Management And General | $26,943 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,261,688 | TotalAmt |
| Program Services | $1,193,975 | ProgramServicesAmt |
| Management And General | $67,713 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,431 | TotalAmt |
| Program Services | $13,431 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $277,276 | TotalAmt |
| Program Services | $174,693 | ProgramServicesAmt |
| Management And General | $102,583 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,764 | TotalAmt |
| Program Services | $78,886 | ProgramServicesAmt |
| Management And General | $102,878 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| HARDEST HIT FUND PROGRA | $53,891,645 | $53,891,645 | |
| ADMINISTRATIVE | $329,845 | $195,473 | $134,372 |
| TRAINING AND DEVELOPMEN | $209,054 | $145,927 | $63,127 |
| MISCELLANEOUS EXPENSE | $169,438 | $177 | $169,261 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $611,597 | TotalAmt |
| Program Services | $390,687 | ProgramServicesAmt |
| Management And General | $220,910 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,842,200 | TotalAmt |
| Program Services | $78,558,868 | ProgramServicesAmt |
| Management And General | $6,283,332 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,480,349 | BOYAmt |
| EOY | $106,353,377 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,432,865 | BOYAmt |
| EOY | $3,393,834 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,825,329 | BOYAmt |
| EOY | $631,000 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $161,841 | BOYAmt |
| EOY | $125,258 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220,142 | BOYAmt |
| EOY | $70,226 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $5,770,624 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,671,705 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,047,235 | BOYAmt |
| EOY | $3,098,919 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,699,355 | BOYAmt |
| EOY | $53,448,120 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,867,116 | BOYAmt |
| EOY | $167,120,734 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,665,989 | BOYAmt |
| EOY | $9,130,330 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,120 | BOYAmt |
| EOY | $52,656 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,921,516 | BOYAmt |
| EOY | $46,180,413 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $569,626 | BOYAmt |
| EOY | $568,876 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,836,673 | BOYAmt |
| EOY | $1,852,323 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,031,924 | BOYAmt |
| EOY | $57,784,598 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,835,192 | BOYAmt |
| EOY | $109,336,136 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,835,192 | BOYAmt |
| EOY | $109,336,136 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,867,116 | BOYAmt |
| EOY | $167,120,734 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $17,499,203 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $1,741 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type2 | Yes (X) | SupportingOrgType2Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OHIO CAPITAL FINANCE CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010634942 | EIN |
| Organization Type | 10 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $1,525,000 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $1,525,000 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Majority Dir Trst Supported Org | Yes (1) | MajorityDirTrstSupportedOrgInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $48,000 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $4,075 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $52,075 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | LOBBYING IS DONE AROUND ISSUES OF AFFORDABLE HOUSING | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $505,187 | OtherCostOrOtherBasisAmt |
| Book Value | $505,187 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,568,358 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,204,869 | DepreciationAmt |
| Book Value | $2,363,489 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $523,312 | OtherCostOrOtherBasisAmt |
| Depreciation | $408,840 | DepreciationAmt |
| Book Value | $114,472 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,102,048 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,004,165 | DepreciationAmt |
| Book Value | $97,883 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $71,719 | OtherCostOrOtherBasisAmt |
| Depreciation | $53,831 | DepreciationAmt |
| Book Value | $17,888 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,098,919 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN OHIO EQUITY FUND | -$1,498,058 | C |
| INVESTMENT IN OCFC | $45,854,667 | C |
| INVESTMENT IN CPAH | -$563,172 | C |
| INVESTMENT IN AHD | $14,613 | C |
| INVESTMENT IN CPIC | $1,939,331 | C |
| INVESTMENT IN OCIC | $7,165,943 | C |
| INVESTMENT IN CSH INC | $794,145 | C |
| INVESTMENT IN OAKWOOD | -$259,349 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $53,448,120 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP PROJECT RESERVES | Desc |
| Amt | $1,852,323 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,852,323 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | OHIO CAPITAL (OCCH) HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. OCCH IS SUBJECT TO INCOME TAXES ON REVENUE GENERATED FROM OTHER SOURCES UNRELATED TO ITS EXEMPT PURPOSE. GENERALLY, OCCH IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (THE "IRC") AND FROM STATE AND LOCAL TAXES UNDER COMPARABLE LAWS. DURING THE YEAR ENDED DECEMBER 31, 2019, OCCH DID NOT RECORD ANY UNRELATED BUSINESS INCOME. OCCH IS REQUIRED TO FILE AND DOES FILE A TAX RETURN WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND OCCH HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| COMMUNITY PROPERTIES IMPACT CORPORATION | |||||||
| 910 E BROAD ST | COLUMBUS | OH | 432051150 | 311707264 | 501(C)(3) | $40,000 | GENERAL SUPPORT |
| HANLEY WOOD MEDIA INC | |||||||
| ONE THOMAS CIRCLE NW SUITE 1600 | WASHINGTON | DC | 20005 | 901024481 | $5,500 | EVENT SPONSOR | |
| KENTUCKY BANKERS ASSOCIATION | |||||||
| 600 W MAIN STREET | LOUISVILLE | KY | 40202 | 610244750 | 501(C)(6) | $16,000 | EVENT SPONSOR |
| OHIO BANKERS LEAGUE | |||||||
| 4215 WORTH AVENUE SUITE 300 | COLUMBUS | OH | 43219 | 310916384 | 501(C)(6) | $22,000 | EVENT SPONSOR |
| OHIO CAPITAL FINANCE CORPORATION | |||||||
| 88 EAST BROAD STREET | COLUMBUS | OH | 43215 | 010634942 | 501(C)(3) | $1,525,000 | GENERAL SUPPORT |
| OHIO CAPITAL IMPACT CORPORATION | |||||||
| 88 EAST BROAD STREET | COLUMBUS | OH | 43215 | 461632889 | 501(C)(3) | $4,623,371 | GENERAL SUPPORT |
| PELOTONIA | |||||||
| 351 W NATIONWIDE BLVD | COLUMBUS | OH | 43215 | 311145986 | 501(C)(3) | $11,325 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | REPORTING BY THE GRANT RECIPIENT IS REQUIRED. THE INFORMATION RECEIVED IS REVIEWED TO ENSURE THE GRANT IS SPENT FOR THE PURPOSE IT WAS INTENDED. MANY OF OUR GRANTS ARE REIMBURSABLE GRANTS, SO INVOICES MUST BE SUBMITTED FOR REIMBURSEMENT. INVOICES ARE REVIEWED TO ENSURE THE GRANT IS USED FOR ITS INTENDED PURPOSE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | Yes (1) | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HAROLD D KELLER | ||||||||||||||
| PRESIDENT / PRESIDENT EMERITUS | $304,727 | $0 | $360,000 | $0 | $307,769 | $0 | $44,800 | $0 | $12,962 | $0 | $1,030,258 | $0 | $217,868 | $0 |
| JENNIFER MULLANEY | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $187,165 | $0 | $101,785 | $0 | $106,665 | $0 | $42,000 | $0 | $29,405 | $0 | $467,020 | $0 | $81,132 | $0 |
| JOHN F KUKURA | ||||||||||||||
| CHIEF OF ACQUISITIONS | $245,418 | $0 | $285,279 | $0 | $181,786 | $0 | $44,800 | $0 | $36,240 | $0 | $793,523 | $0 | $133,351 | $0 |
| MARGARET MOERTL | ||||||||||||||
| PRESIDENT (INCOMING) | $238,440 | $0 | $15,000 | $0 | $17,801 | $0 | $30,089 | $0 | $11,454 | $0 | $312,784 | $0 | $0 | $0 |
| SUSAN K ZIEGLER | ||||||||||||||
| CHIEF OPERATING OFFICER | $244,338 | $0 | $151,345 | $0 | $161,564 | $0 | $44,800 | $0 | $26,410 | $0 | $628,457 | $0 | $114,871 | $0 |
| ANTHONY DIBLASI | ||||||||||||||
| CHIEF OF ASSET MANAGEMENT | $195,678 | $0 | $118,251 | $0 | $137,691 | $0 | $44,800 | $0 | $35,540 | $0 | $531,960 | $0 | $100,703 | $0 |
| JONATHAN D WELTY | ||||||||||||||
| VICE PRESIDENT | $212,186 | $0 | $137,654 | $0 | $143,084 | $0 | $44,800 | $0 | $11,899 | $0 | $549,623 | $0 | $104,068 | $0 |
| MERYDITH GREENE | ||||||||||||||
| CHIEF OF DEVELOPMENT | $178,107 | $0 | $75,363 | $0 | $97,880 | $0 | $34,998 | $0 | $29,554 | $0 | $415,902 | $0 | $0 | $0 |
| NANCY L TALLMAN | ||||||||||||||
| DIRECTOR | $169,698 | $0 | $61,010 | $0 | $359 | $0 | $36,207 | $0 | $31,510 | $0 | $298,784 | $0 | $0 | $0 |
| BRIAN LANGMEYER | ||||||||||||||
| VICE PRESIDENT | $207,284 | $0 | $87,451 | $0 | $129,126 | $0 | $41,718 | $0 | $22,589 | $0 | $488,168 | $0 | $94,293 | $0 |
| JOHN HARTRANFT | ||||||||||||||
| DIRECTOR | $158,931 | $0 | $80,357 | $0 | $359 | $0 | $37,000 | $0 | $29,834 | $0 | $306,481 | $0 | $0 | $0 |
| JOSEPH PIMMEL | ||||||||||||||
| DIRECTOR OF POLICY AND PROGRAMS | $173,853 | $0 | $85,752 | $0 | $98,370 | $0 | $44,800 | $0 | $12,399 | $0 | $415,174 | $0 | $84,324 | $0 |
| LORI MCMILLAN | ||||||||||||||
| DIRECTOR OF UNDERWRITING | $147,723 | $0 | $94,500 | $0 | $7,825 | $0 | $36,650 | $0 | $12,899 | $0 | $299,597 | $0 | $0 | $0 |
| BRADLEY CARMAN | ||||||||||||||
| VICE PRESIDENT | $152,423 | $0 | $70,000 | $0 | $20,419 | $0 | $36,679 | $0 | $28,089 | $0 | $307,610 | $0 | $0 | $0 |
| DOUGLAS R KLINGENSMITH | ||||||||||||||
| VICE PRESIDENT | $0 | $0 | $0 | $0 | $326,930 | $0 | $0 | $0 | $21,089 | $0 | $348,019 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINES 4A-B | IN 2019, THE ORGANIZATION MADE THE FOLLOWING SEVERANCE PAYMENT: KLINGENSMITH - $326,930 IN 2019, THE ORGANIZATION MADE THE FOLLOWING CONTRIBUTIONS INTO A NONQUALIFIED RETIREMENT PLAN: DIBLASI - $100,703 KELLER - $217,867 KUKURA - $133,350.50 LANGMEYER - $ 94,292 MULLANEY - $81,131.50 PIMMEL - 84,324 WELTY - $104,068 ZIEGLER - $ 114,871 KETLER- $ 64,704. |
| PART I, LINE 6 | EMPLOYEES RECEIVED BONUSES BASED ON THE ORGANIZATIONS PERFORMANCE FOR THE YEAR. |
| PART I, LINE 7 | ELIGIBLE EMPLOYEES RECEIVED PERFORMANCE-BASED BONUSES. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1: | TO CAUSE THE CONSTRUCTION, REHABILITATION & PRESERVATION OF AFFORDABLE HOUSING BY PROVIDING RESOURCES AND TECHNICAL SUPPORT TO DEVELOPERS OF AFFORDABLE HOUSING. |
| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: | OHIO CAPITAL CORPORATION FOR HOUSING (OCCH) IS A FINANCIAL INTERMEDIARY THAT PROVIDES DEVELOPERS OF AFFORDABLE RENTAL HOUSING WITH ACCESS TO CAPITAL. THROUGH OUR OHIO EQUITY FUNDS, OCCH RAISES TAX CREDIT EQUITY FOR INVESTMENT IN AFFORDABLE HOUSING PROJECTS THROUGHOUT OHIO AND PARTS OF KENTUCKY, INDIANA AND PENNSYLVANIA. IN 2019 OCCH ASSISTED DEVELOPERS AND NON-PROFIT SPONSORS OF 53 LOW-INCOME HOUSING TAX CREDIT PROJECTS, REPRESENTING 3,657 UNITS OF HOUSING PLACED IN SERVICE. IN 2019, OHIO EQUITY FUND RAISED $312 MILLION FOR OHIO EQUITY FUND XXIX AND $88 MILLION IN PROPRIETARY INVESTMENTS, WHICH WILL BE INVESTED IN PROPERTIES THROUGHOUT OHIO, KENTUCKY, INDIANA AND PENNSYLVANIA. AS PART OF OUR FIDUCIARY RESPONSIBILITY TO OUR INVESTORS, OCCH PROVIDES ASSET MANAGEMENT SERVICES TO THE PROJECTS INCLUDING TENANT APPLICATION REVIEW, COMPLIANCE TRAINING, PHYSICAL INSPECTIONS AND QUARTERLY REVIEW OF OCCUPANCY AND CASH FLOW. IN 2003, ACQUIRED THE LARGEST PORTFOLIO OF SCATTERED SITE PROJECT-BASED SECTION 8 RENTAL HOUSING IN THE NATION. WITH 250 BUILDINGS ACROSS SEVEN INNER-CITY NEIGHBORHOODS IN COLUMBUS, OHIO, THESE UNITS HAD HISTORICALLY STRUGGLED WITH POOR MAINTENANCE, HIGH CRIME, AND RESIDENTS LIVING IN SEVERE POVERTY WITH LIMITED SOCIAL AND FINANCIAL RESOURCES. THE ORIGINAL PORTFOLIO OF SECTION-8 UNITS BECAME KNOWN AS THE "CPO INITIATIVE." IN PARTNERSHIP WITH NUMEROUS COMMUNITY ORGANIZATIONS AND ACTIVE SUPPORT FROM FEDERAL, STATE, COUNTY AND LOCAL GOVERNMENTS, OCCH IMPLEMENTED A $133 MILLION, NINE-PHASE REDEVELOPMENT PLAN FOR THE 1,033 UNITS IN THE CPO INITIATIVE. ALSO ESSENTIAL TO THE INITIATIVE WAS AN AGGRESSIVE ELIMINATE THE ELEMENTS SAFETY PROGRAM, SUPPORTIVE SERVICES, STRICT LEASE COMPLIANCE, AND RE-ESTABLISHMENT OF TRUST AND ACCOUNTABILITY BETWEEN RESIDENTS AND PROPERTY MANAGEMENT. THE GOAL IS FOR FAMILIES AND COMMUNITIES TO USE CPO HOUSING AS THE FOUNDATION FOR TRANSFORMATIONAL CHANGE. CPO MANAGEMENT HAS GONE BEYOND TRADITIONAL PROPERTY MANAGEMENT IN RESPONDING TO ITS UNIQUE CHALLENGES, REQUIRING ONGOING INNOVATION AND SIGNIFICANT INVESTMENT. UNDERSTANDING THESE CHALLENGES, CPO ESTABLISHED COMMUNITY PROPERTIES IMPACT CORPORATION (CPO IMPACT) IN 2007 TO HELP FUND INITIATIVES AND SUPPORT THE RESEARCH AND DEVELOPMENT NEEDED TO FIND AND DESIGN INTERVENTIONS TO FURTHER THE MISSION OF CPO. CPO SERVES A RESIDENT POPULATION LIVING BELOW THE POVERTY GUIDELINE WITH LIMITED ACCESS TO RESOURCES. THESE RESIDENTS BENEFIT GREATLY FROM SUPPORTIVE SERVICES. LEVERAGING STABLE HOUSING AS A PLATFORM FOR FUTURE OPPORTUNITY, CPO IMPACT APPLIES A TWO-GENERATION APPROACH WORKING WITH RESIDENTS AND THEIR CHILDREN TO REDUCE BARRIERS AND ASSIST FAMILIES TO MOVE BEYOND POVERTY. INITIATIVES ARE STRATEGICALLY DESIGNED TO ADDRESS FIVE CORE OBJECTIVES: STABLE HOUSING, SAFE NEIGHBORHOODS, RESIDENT GROWTH (INCLUDING MOVING BEYOND POVERTY WHERE POSSIBLE), SUCCESSFUL CHILDREN AND COMMUNITY LEARNING. IN ADDITION TO MANAGING THE CPO UNITS, THE MANAGEMENT COMPANY ALSO MANAGES UNITS IN COLUMBUS, PORTSMOUTH, KETTERING, DAYTON, TOLEDO AND YOUNGSTOWN, MANY OF WHICH ARE PART OF OCCH'S OVERALL PORTFOLIO. IN 2017, CPO OPENED COLUMBUS SCHOLAR HOUSE AND FUTURE SCHOLARS COMMUNITY LEARNING CENTER. COLUMBUS SCHOLAR HOUSE IS A 38 UNIT AFFORDABLE HOUSING COMMUNITY FOR LOW-INCOME STUDENT PARENTS DESIGNED TO IMPROVE LIVES, FAMILIES AND COMMUNITIES THROUGH EDUCATION. THE FUTURE SCHOLARS LEARNING CENTER PROVIDES QUALITY ON-SITE CHILD-CARE BY PARTNERING WITH THE YMCA OF CENTRAL OHIO. THE CENTER SERVES COLUMBUS SCHOLAR HOUSE RESIDENTS AS WELL AS OTHER FAMILIES LIVING IN CPO MANAGED PROPERTIES. THE ONGOING MANAGEMENT OF THE COMMUNITY PROPERTIES PORTFOLIO CONTINUES TO BE A FOCUS OF OHIO CAPITAL CORPORATION AND CPOMS. OHIO CAPITAL FINANCE CORPORATION (OCFC) IS THE LENDING ARM OF OCCH AND A CERTIFIED DEVELOPMENT FINANCIAL INSTITUTION (CDFI). THE OHIO AFFORDABLE HOUSING LOAN FUND ("OAHLF"), FORMED BY OCCH IN 2004 AND THE OCFC PARTICIPATION I, LLC ("PARTICIPATION"), FORMED IN 2006 HAVE $18 MILLION DOLLARS OF FUNDING TO DEPLOY. IN 2012, THE OCFC PNC LOAN FUND WAS FORMED AND HAS AN ADDITIONAL $5 MILLION OF FUNDING AVAILABLE. THESE FUNDS WERE ESTABLISHED TO PROVIDE A FLEXIBLE SOURCE OF CAPITAL TO BE USED BY DEVELOPMENT PARTNERS OF OCCH FOR USE AS: PREDEVELOPMENT FUNDING, ACQUISITION FINANCING AND BRIDGE FINANCING FOR PROJECTS NEARING THE END OF THEIR COMPLIANCE PERIOD. EXPANSION AND NEW CAPITAL MARKED TWO OF THE ACCOMPLISHMENTS FOR OCFC IN 2019. LED BY THE IMPLEMENTATION OF THE OCFC'S 2018 CAPITAL MAGNET FUND AWARD FROM THE CDFI FUND, OCFC PROVIDED 48 LOANS TO AFFORDABLE HOUSING DEVELOPERS WITH TOTAL PRODUCTION EXCEEDING $87 MILLION AND ASSISTING WITH THE PRODUCTION AND PRESERVATION OF OVER 3,171 UNITS. OCFC DEVELOPED A NEW TARGETED LOAN FUND IN 2018 TO SERVE CINCINNATI AND HAMILTON COUNTY. IN ITS FIRST YEAR OF OPERATION, THE CINCINNATI NEIGHBORHOOD TRANSFORMATION FUND LENT $4,323,000 TO ASSIST IN THE PRESERVATION OF AFFORDABLE HOUSING WHILE ASSISTING IN SPURRING ECONOMIC DEVELOPMENT THROUGH COMMERCIAL DEVELOPMENT LENDING. OCFC CREATED A NEW INITIATIVE, THE 614 FOR LINDEN, TO REVITALIZE A DISINVESTED NEIGHBORHOOD ON THE NORTHEAST SIDE OF COLUMBUS. THE 614 FOR LINDEN IS A COLLABORATIVE NAMED FOR SIX NONPROFITS PARTNERING WITH FOUR COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) TO HAVE A POSITIVE AND SIGNIFICANT IMPACT ON ONE COLUMBUS NEIGHBORHOOD, LINDEN. ITS MISSION IS TO CREATE AND PRESERVE AFFORDABLE HOUSING AND COMMERCIAL DEVELOPMENT, AS WELL AS TO PROVIDE ACCESS TO CAPITAL FOR SMALL BUSINESSES, AND OFFER HEALTH SERVICES TO RESIDENTS. THE 614 FOR LINDEN RECEIVED A $5 MILLION GRANT AS A NATIONAL COMPETITION WINNER OF JPMORGAN CHASE'S PRO NEIGHBORHOODS INITIATIVE. AS THE AWARD RECIPIENT AND LEAD CDFI, OCFC EMBARKED ON DEVELOPING AND STRUCTURING A $20 MILLION LOAN POOL IN PARTNERSHIP WITH THREE OTHER CDFIS: THE AFFORDABLE HOUSING TRUST FOR COLUMBUS AND FRANKLIN COUNTY, FINANCE FUND CAPITAL CORPORATION, AND THE ECONOMIC AND COMMUNITY DEVELOPMENT INSTITUTE (ECDI). THIS COLLABORATION INTENDS TO DEVELOP 700 AFFORDABLE HOUSING UNITS, CREATE TWO HEALTHY FOOD OUTLETS, PROVIDE TECHNICAL ASSISTANCE AND MICROLOANS TO SMALL BUSINESSES, IMPROVE HEALTH AND WELLNESS, AND BUILD COMMUNITY ENGAGEMENT WITH THE RESIDENTS OF LINDEN. ADDITIONALLY, OCFC WAS THE RECIPIENT OF THE HIGHLY COMPETITIVE 2019 CAPITAL MAGNET FUND PROGRAM. OCFC WILL UTILIZE ITS $7.7 MILLION AWARD TO PROVIDE ADDITIONAL SOURCES OF CAPITAL FOR PROJECTS LOCATED IN OHIO, KENTUCKY AND WEST VIRGINIA. IN ADDITION, IN 2012 OCFC BECAME A MEMBER OF THE FEDERAL HOME LOAN BANK OF CINCINNATI (FHLB). OCFC UTILIZES ITS MEMBERSHIP WITH THE FHLB TO LEVERAGE ADDITIONAL FUNDING FOR ITS BORROWERS THROUGH PROGRAMS THAT SERVE LOW TO MODERATE INCOME HOUSEHOLDS. IN FEBRUARY, 2010, PRESIDENT OBAMA ESTABLISHED THE HARDEST HIT FUND (HHF) TO PROVIDE AID TO FAMILIES IN STATES HARDEST HIT BY THE ECONOMIC AND HOUSING MARKET DOWNTURN. THE STATE OF OHIO RECEIVED $570 MILLION IN TARP FUNDS TO HELP ADDRESS THE FORECLOSURE CRISIS IN OUR STATE. THE OHIO HOUSING FINANCE AGENCY IS ADMINISTERING THE FORECLOSURE MITIGATION PROGRAM, BUT TREASURY GUIDELINES STIPULATED THAT TO RECEIVE FUNDS, EACH RECIPIENT MUST BE A FINANCIAL INSTITUTION. TO FULFILL THIS REQUIREMENT, OHFA ASKED OHIO CAPITAL CORPORATION TO ADMINISTER THE FUNDS. OCCH FORMED OHIO HOMEOWNER ASSISTANCE LLC (OHA), A WHOLLY OWNED SUBSIDIARY, WHICH SERVES AS FISCAL AGENT FOR OHFA. OHA DISBURSES ALL HHF PAYMENTS INCLUDING THOSE TO LENDERS/SERVICERS AND FOR ALL ADMINISTRATIVE EXPENSES. THROUGH 2018, OHA HAD DISBURSED NEARLY $450 MILLION ON BEHALF OF APPROXIMATELY 27,000 HOMEOWNERS. IN ADDITION, NEARLY $175 MILLION HAD BEEN DISBURSED FOR NEARLY 12,200 PROPERTIES THAT WERE STRATEGICALLY TARGETED UNDER THE PROGRAM'S DEMOLITION INITIATIVE. THE GOAL OF THE PROGRAM IS TO STABILIZE PROPERTY VALUES BY REMOVING AND GREENING VACANT AND ABANDONED PROPERTIES IN AN EFFORT TO AVOID FUTURE FORECLOSURES. IN 2016, THE STATE OF OHIO RECEIVED $192 MILLION OF ADDITIONAL FUNDING THAT EXTENDS THE PROGRAM TO 2020. THROUGH THE OCCH TRAINING ACADEMY AND IN CONJUNCTION WITH OTHER TRADE ASSOCIATIONS, OCCH CONTINUED TO OFFER AN ARRAY OF NO COST/LOW COST TRAINING COURSES FOR PROPERTY MANAGERS AND MAINTENANCE STAFF. TOPICS INCLUDE FAIR HOUSING, TAX CREDIT COMPLIANCE, BUDGETING, MARKETING, PREVENTATIVE MAINTENANCE AND LANDLORD-TENANT LAW. IN 2017, OHIO CAPITAL LAUNCHED AN E-LEARNING TRAINING TOOL THAT OFFERED SEVERAL COURSE TOPICS. IN ADDITION, OCCH HOLDS AN ANNUAL MANAGER AND MAINTENANCE CONFERENCE TO TRAIN FRONT LINE MANAGERS AND MAINTENANCE STAFF. |
| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS (CONTINUED): | OCCH FORMED THE OHIO CAPITAL IMPACT CORPORATION (OCIC) IN DECEMBER OF 2012 AS THE NON-PROFIT, PHILANTHROPIC ARM OF OHIO CAPITAL CORPORATION FOR HOUSING (OCCH). OCIC CONTRIBUTES FUNDING TO SUPPORT THE EDUCATIONAL, ECONOMIC, HEALTH, AND SOCIAL BETTERMENT OF THE RESIDENTS OF AFFORDABLE HOUSING, TO THE AREAS IN WHICH THEY LIVE AND TO THE ORGANIZATIONS THAT SERVE THEM. OCCH HAS CAPITALIZED OCIC WITH APPROXIMATELY $29 MILLION DOLLARS THROUGH THE END OF 2019. IN 2019, $2.5M WAS AWARDED ACROSS FIVE DEDICATED PROGRAMS TO BENEFIT THE RESIDENTS OF OHIO EQUITY FUND PROJECTS. THROUGH THE RESIDENT DEVELOPMENT FUND, PARTNERS CAN APPLY FOR AWARDS TO SUPPORT INITIATIVES THAT EDUCATE AND EMPOWER YOUTH, PROVIDE SUMMER CAMPS AND ENRICHMENT, HELP SENIORS AGE-IN-PLACE, ENHANCE SITE SAFETY AND SECURITY, AND ASSIST ADULTS SEEKING TO FURTHER THEIR EDUCATION OR WORKFORCE TRAINING. IN 2019, OHIO CAPITAL CORPORATION AND OCIC AWARDED OVER $400K IN THESE GRANTS. IN 2014, THE OCCH/OCIC BOARD DIRECTED UP TO $1 MILLION FOR A MULTI-YEAR COLLEGE AND GED SCHOLARSHIP PROGRAM FOR RESIDENTS OF OCCH PROPERTIES. THE PROGRAM WAS IMPLEMENTED AS A PILOT PROGRAM AND IN 2019 PAID OUT $219K IN SCHOLARSHIPS. IN ADDITION, FUNDS WERE EARMARKED FOR PERFORMANCE-BASED AWARDS BASED ON ACHIEVING GOOD GRADES. TO MOVE THE PROGRAM TO A MORE PERMANENT STATE THE BOARD DIRECTED ANOTHER $1 MILLION IN 2019 TO EXTEND THE PROGRAM. OCIC IS PROUD TO SUPPORT THE WORK OF CPO IMPACT, AN AFFILIATE OF COMMUNITY PROPERTIES OF OHIO CREATED IN 2007. IN 2019, NEARLY $125K IN FUNDS WERE AWARDED FOR SELECTED PROGRAMS THAT INTERVENTIONS DESIGNED TO INCREASE HOUSING STABILITY, ENHANCE NEIGHBORHOOD SAFETY, AND BUILD ON THE CAPABILITIES OF RESIDENTS STRIVING TO CULTIVATE THEIR WELL-BEING, FAMILY STABILITY, AND THEIR CHILDREN'S SUCCESS. OCCH AND OCIC ARE MISSION-DRIVEN ORGANIZATIONS THAT ADVOCATE FOR AFFORDABLE HOUSING AND ITS RESIDENTS THROUGH DONATIONS TO SERVICE-ENRICHED PROGRAMS THAT HELP CREATE AND MAINTAIN STRONG, STABLE COMMUNITIES. OCCH AND OCIC HAVE CREATED PARTNERSHIPS WITH MANY ORGANIZATIONS, INCLUDING BUT NOT LIMITED TO THE UNITED WAY, HABITAT FOR HUMANITY, THE COALITION FOR HOMELESSNESS AND HOUSING IN OHIO, LUTHERAN SOCIAL SERVICES, THE COLUMBUS METROPOLITAN HOUSING AUTHORITY, COMMUNITY SHELTER BOARD, DISABILITY HOUSING NETWORK, GREATER COLUMBUS COMMUNITY HELPING HANDS, HABITAT FOR HUMANITY, AND THE YMCA OF CENTRAL OHIO FOR PROGRAMS THAT ADVOCATE FOR NEIGHBORHOOD REVITALIZATION AND BETTER COMMUNITIES. IN 2019, OCIC DONATED OVER $1.7 MILLION FOR SUCH INITIATIVES AND PROGRAMS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS REVIEWED INTERNALLY BY STAFF (PRESIDENT AND COO/CFO). IT IS THEN REVIEWED BY THE FINANCE/AUDIT COMMITTEE AND LEGAL COUNSEL. THE AUDIT COMMITTEE RECOMMENDS APPROVAL TO THE FULL BOARD. THE 990 IS ALSO MADE AVAILABLE TO THE FULL BOARD PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, DIRECTORS AND EMPLOYEES ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY AND COMPLETE AN INTEREST DISCLOSURE STATEMENT. AN INTEREST DISCLOSURE STATEMENT MUST ALSO BE COMPLETED AND FILED WHEN SITUATIONS ARISE THAT CAUSE AN ACTUAL, APPARENT OR POTENTIAL CONFLICT OF INTEREST. OHIO CAPITAL CORPORATION IS A FAIRLY SMALL COMPANY (APPROX. 58 EMPLOYEES). ANY KNOWN CONFLICT OF INTEREST IS BROUGHT TO THE ATTENTION OF THE PRESIDENT FOR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 15 | AN INDUSTRY PEER SURVEY WAS COMPLETED IN 2018 FOR THE PRESIDENT AND COO. SURVEYS WERE ALSO COMPLETED IN 2017 BY INDUSTRY PEERS FOR OTHER POSITIONS. THE PRESIDENT DETERMINES THE SALARIES OF OFFICERS AND KEY EMPLOYEES. WE ALSO REVIEW 990S OF OUR INDUSTRY PEERS. THE PRESIDENT'S SALARY IS DETERMINED BY THE BOARD OF DIRECTORS. A SEPARATE COMPENSATION COMMITTEE WAS FORMED IN 2012. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VI, LINE 1B: | THE MEMBERS ARE PAID COMPENSATION FROM RELATED ORGANIZATIONS, HOWEVER THERE WAS NO COMPENSATION OVER $10,000 IN CONNECTION WITH SERVICES PROVIDED TO EACH OF THE RELATED ORGANIZATIONS. |
| FORM 990, PART XI, LINE 9: | FLOW THROUGH LOSS 1,741. |
| FORM 990, PART XII, LINE 2C: | ALTHOUGH THERE IS NO SEPARATE AUDITED FINANCIAL STATEMENT FOR THE ENTITY, THE ORGANIZATION DOES RECEIVE A CONSOLIDATED AUDIT PERFORMED BY AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION DOES HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| COMMUNITY PROPERTIES OF OH MGMT SERVICES | |||||||||
| 910 EAST BROAD STREET | COLUMBUS | OH | 43205 | 562281157 | PROPERTY MGMT | OH | $294,405 | $4,612,676 | OCCH |
| COMMUNITY PROPERTIES OF OHIO DEVELOPMENT | |||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 550806457 | LOW INC HSING | OH | $10,851 | $1,412,092 | OCCH |
| OHIO HOMEOWNER ASSISTANCE LLC | |||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 273046206 | FISCAL AGENT | OH | $0 | $31,562,774 | OCCH |
| CAPITAL CITY HOLDINGS | |||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 311265570 | REAL ESTATE | OH | -$86,816 | -$212,712 | OCCH |
| OEF AFFORDABLE HOUSING DC LLC | |||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 311265570 | LOW INC HSING | OH | $0 | $0 | OCCH |
| OAKWOOD TOWNHOMES LLC | |||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 814322582 | REAL ESTATE | OH | -$81,194 | $1,405,043 | OCCH |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| OHIO CAPITAL FINANCE CORPORATION | ||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 010634942 | AFFORDABLE HOUSING | OH | 501(C)(3) | LINE 10 | OCCH | Yes (1) |
| COMMUNITY PROPERTIES IMPACT CORPORATION | ||||||||||
| 910 EAST BROAD STREET | COLUMBUS | OH | 43205 | 311707264 | SOCIAL SERVICES | OH | 501(C)(3) | LINE 10 | OCCH | Yes (1) |
| OHIO CAPITAL IMPACT CORPORATION | ||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 461632889 | SOCIAL SERVICES | OH | 501(C)(3) | LINE 12A, I | OCCH | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HORIZON HOUSE APARTMENTS LLC | |||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 270701412 | RENT REAL ESTATE | OH | HH APART INC | RELATED | -$140,113 | $6,410,180 | 0 | 0 | 0.00100 |
| CINCINNATI HOUSING LP II | |||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43205 | 311602343 | RENT REAL ESTATE | OH | AHD INC | RELATED | 0 | 0 | 0.00050 | ||
| KERPER DEVELOPMENT LIMITED PARTNERSHIP | |||||||||||||
| 2170 GILBERT AVE | CINCINNATI | OH | 45206 | 311469356 | RENT REAL ESTATE | OH | AHD INC | RELATED | 0 | 0 | 0.00490 | ||
| PILGRIM LIMITED PARTNERSHIP | |||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 311636328 | RENT REAL ESTATE | OH | AHD INC | RELATED | 0 | 0 | 0.00050 | ||
| CPO III LLC | |||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 651170938 | RENT REAL ESTATE | OH | CPAH | RELATED | 0 | 0 | 0.13000 | ||
| NETWORK RESTORATION II LLC | |||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 200414793 | RENT REAL ESTATE | OH | CPAH | RELATED | 0 | 0 | 0.00030 | ||
| NETWORK RESTORATION III LLC | |||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 202459957 | RENT REAL ESTATE | OH | CPAH | RELATED | 0 | 0 | 0.00030 | ||
| CPR II LLC | |||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 200468503 | RENT REAL ESTATE | OH | CPAH | RELATED | 0 | 0 | 0.00100 | ||
| COLUMBUS SCHOLAR HOUSE I LLC | |||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 352451989 | RENT REAL ESTATE | OH | CPO DEVELOPMENT | RELATED | 0 | 0 | 0.00050 | ||
| TCCN HOMES IV LIMITED PARTNERSHIP | |||||||||||||
| 1611 NORTH DETROIT AVE | TOLEDO | OH | 43607 | 331043140 | RENT REAL ESTATE | OH | AHD INC | RELATED | 0 | 0 | 0.00100 | ||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OHIO EQUITY FUND INC | ||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 311285738 | REAL ESTATE | OH | OCCH | C | 1.00000 | 0 | ||
| AHD INC | ||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 311379710 | REAL ESTATE | OH | OCCH | C | 1.00000 | 0 | ||
| COMMUNITY PARTNERS FOR AFFORDABLE HOUSING | ||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 542096826 | REAL ESTATE | OH | OCCH | S | 0.75000 | 0 | ||
| HORIZON HOUSE APARTMENTS INC | ||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 272589025 | REAL ESTATE | OH | CPO DEVELOPMENT | C | 1.00000 | 0 | $9,895 | $8,953 |
| COLUMBUS SCHOLAR HOUSE INC | ||||||||||||
| 88 EAST BROAD STREET SUITE 1800 | COLUMBUS | OH | 43215 | 460741462 | REAL ESTATE | OH | CPO DEVELOPMENT | C | 1.00000 | 0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| COMMUNITY PROPERTIES OF OHIO MANAGEMENT SERVICES | ||
| A | $55,665 | COST |
| COMMUNITY PROPERTIES OF OHIO MANAGEMENT SERVICES | ||
| B | $847,711 | COST |