2018-04-26T07:44:08-05:00 2017-06-30 KPMG LLP 191 West Nationwide Blvd Ste 500 Columbus OH 432152568 990 2016-07-01 452798687 JobsOhio % KEVIN A GIANGOLA JOBS 6142246446 41 S High St Ste 1500 Columbus OH 432156104 JOHN MINOR President & CIO 6142246446 2018-02-27 true Philip b bartlett P01299075 6142492300 2018-02-28 167.68.102.5 31017320181165000000 2018-04-26 P 6A8ED357FB7415445CA0ABBCCDFAED713D1439BD 6A8ED357FB7415445CA0ABBCCDFAED713D1439BD 2016 2021-01-29 14:40:06Z JOHN MINOR 41 S HIGH ST STE 1500 COLUMBUS OH 43215 184754265 false X WWW.JOBS-OHIO.COM X 2011 OH TO PROMOTE ECONOMIC DEVELOPMENT, JOB CREATION, JOB RETENTION, JOB TRAINING, WORKFORCE DEVELOPMENT, AND THE RETENTION OF CURRENT AND RECRUITMENT OF NEW BUSINESS TO OHIO. 9 8 83 8 0 150000000 180000000 1695870 2914873 4496901 1837159 1393 2233 156194164 184754265 31763625 55950421 0 0 9188976 11037384 0 0 0 28913035 29260087 69865636 96247892 86328528 88506373 437278573 537853721 38548504 50617279 398730069 487236442 TO PROMOTE ECONOMIC DEVELOPMENT, JOB CREATION, JOB RETENTION, JOB TRAINING, WORKFORCE DEVELOPMENT, AND THE RETENTION OF CURRENT AND RECRUITMENT OF NEW BUSINESS TO THE STATE OF OHIO. false false 90141215 55950421 2917106 JOBSOHIO'S PROGRAM OF ECONOMIC DEVELOPMENT FOCUSED ON JOB CREATION, JOB RETENTION, AND NEW CAPITAL INVESTMENT FROM EXISTING BUSINESS EXPANSION AND ATTRACTION OF NEW COMPANIES TO THE STATE OF OHIO. THE ECONOMIC DEVELOPMENT PROGRAM WILL INCREASE IN INTENSITY IN FISCAL YEAR 2018 AS JOBSOHIO PROMOTES NEW ECONOMIC DEVELOPMENT PROGRAMS WHILE CONTINUING TO LEVERAGE EXISTING PROGRAMS. 90141215 false true false false false false false false false true false true false false false false true false true true false false false false false false true false true false false false false false false false false false false false false false true true true false true 63 0 true 83 true false false false false false false X 9 8 true false false false false true false true true false false true true true true true true true true false X X KEVIN A GIANGOLA 6142246446 41 S HIGH STREET SUITE 1500 COLUMBUS OH 43215 James Boland Chairman of the Board 1.0 1.0 X X 0 0 0 John Minor Board Member President and CIO 40.0 1.0 X X 502203 0 26742 Gary Heminger Board Member 1.0 0.0 X 0 0 0 Stephen Markovich Board Member 1.0 0.0 X 0 0 0 Lawrence Kidd Board Member, Sec-Treas 1.0 0.0 X X 0 0 0 Tom Williams Board Member 1.0 0.0 X 0 0 0 John Bishop Board Member 1.0 0.0 X 0 0 0 Barbara Snyder Board Member 1.0 0.0 X 0 0 0 Brad Lindner Board Member Termed 7/5/16 1.0 0.0 X 0 0 0 Stephen Perry Board Member 1.0 0.0 X 0 0 0 Kevin A Giangola Chief Financial Officer 40.0 1.0 X 227930 0 14636 Ted Griffith Managing Director 40.0 0.0 X 256034 0 24575 Dana Saucier Managing Director 40.0 0.0 X 252314 0 6178 Charles Mustine Senior Advisor 40.0 0.0 X 297147 0 27270 Kristi Tanner Senior Managing Director 40.0 0.0 X 300333 0 2566 Donell Grubbs General Counsel 40.0 0.0 X 209334 0 28892 Kristina Clouse Executive Dir of Operations 40.0 0.0 X 230160 0 27675 Valentina Isakina Managing Director 40.0 0.0 X 174807 0 20136 Aaron Pitts Senior Managing Director 40.0 0.0 X 292498 0 28649 Glenn Richardson Managing Director 40.0 0.0 X 255329 0 30987 Andrew Deye Director, Strategy 40.0 0.0 X 176983 0 13649 Lee Crume Director of Sales 40.0 0.0 X 180358 0 17786 Matthew Cybulski Sector Director 40.0 0.0 X 162266 0 14464 Cheryl Hay Director, Talent Acquisition 40.0 0.0 X 147330 0 14676 Timothy Sweeney Sector Director 40.0 0.0 X 145999 0 10168 Andrew Lange Director, International Sales 40.0 0.0 X 162885 0 7291 3973910 0 316340 32 false true false McGann Media 61 Jefferson Avenue Columbus OH 43215 Consultant 3645997 Team NEO 737 Bolivar Road Suite 2000 Cleveland OH 44115 Consultant 2486058 REDI Cincinnati 3 East 4th Street Suite 301 CINCINNATI OH 45202 Consultant 2216627 Columbus 2020 150 S Front Street 200 COLUMBUS OH 43215 Consultant 1892575 Dayton Development Coalition 40 N Main Street Suite 900 Dayton OH 45423 Consultant 1526020 34 180000000 180000000 MANAGEMENT FEES 900099 731113 731113 LOAN FEES 900099 475630 475630 LOAN INTEREST 900099 1708130 1708130 2914873 1837159 1837159 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MISCELLANEOUS INCOME 900099 2233 2233 2233 184754265 2917106 1837159 X 55950421 55950421 0 0 0 4275109 4039801 235308 0 5052779 3361244 1691535 257597 195948 61649 813070 645116 167954 638829 506868 131961 6854 6854 410833 330189 80644 217201 217201 0 0 271516 271516 2855067 2596923 258144 8020528 8020528 318278 318278 1268520 1268520 0 629486 629486 986121 986121 55419 55419 965376 918851 46525 828 828 0 502739 502739 204052 204052 Network partner service fees 10735492 10735492 Research and materials 289773 289773 Bad debt expense 998316 998316 Training 277396 277396 246292 225955 20337 96247892 90141215 6106677 0 6024000 6000000 74188951 87301443 0 0 693742 1136298 0 0 0 0 0 0 0 0 3374821 580168 3242872 2055280 1377325 1187592 324253683 393331326 0 0 27348099 48277812 0 0 17952 39082 437278573 537853721 5366290 3789142 33182214 46828137 0 0 0 0 0 0 0 0 0 0 0 0 0 0 38548504 50617279 X 0 0 0 0 398730069 487236442 398730069 487236442 437278573 537853721 88506373 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 884376 409670 474706 656948 412062 244886 1701548 1233548 468000 1187592 ECONOMIC DEVELOPMENT LOANS 48277812 F 48277812 184754265 184754265 184754265 96247892 96247892 96247892 Europe (Including Iceland and Greenland) 1 Program Services Economic development 770648 East Asia and the Pacific 1 Program Services Economic development 770648 North America 1 Program Services Economic development 131655 3 3 1672951 1672951 false false false false false false Part I, Line 3 JobsOhio retains market consultants to represent its interests in other countries for foreign direct investment in Ohio. The countries are Ohio's top markets for both current international investment and active economic development projects. Part I, Line 3, Column (f) Accounting method is accrual. All amounts are for expenditures. true 1250 Old River Road LLC 1010 Euclid Avenue Suite 200 Cleveland OH 441151503 812604289 300000 Cost Economic Development A B B Leasing Co 302 State Street PO Box 760 Zanesville OH 43702 310996012 25000 Cost Economic development AJM Packaging Corporation 102 Hirt Drive Bellevue OH 44881 381556263 75000 Cost Economic development Ace Torwel Inc 630 Albert Road Brookville OH 45309 463270421 146286 Cost Economic development ADS Alliance Data Systems Inc 3100 Easton Square Place Unit C-305 Columbus OH 432196232 133163498 2000000 Cost Economic development Al Neyer LLC 302 West 3rd Street Suite 800 Cincinnati OH 452023426 204718296 190021 Cost Economic Development Alcott Holdings LLC 460 East High Street London OH 431409303 813538518 140816 Cost Economic Development Alex Products Inc 19911 County Road Suite 150 Ridgeville Corners OH 43555 341117191 250000 Cost Economic Development Alkermes Inc 265 Olinger Circle PO Box 218 Wilmington OH 451772484 232472830 100000 Cost Economic Development Altivia Petrochemicals LLC 1019 Furnace Road Haverhill OH 45636 474927987 773554 Cost Economic Development Amcor Rigid Plastics USA LLC 975 West Main Street Bellevue OH 448119011 954260108 400000 Cost Economic Development Arconic 425 Sixth Ave Pittsburgh PA 44105 250317820 200000 Cost Economic Development Arhaus LLC 7700 Northfield Road Walton Hills OH 441465521 341185757 200000 Cost Economic Development Barclays Services Ohio 101 Knightsbridge Drive Suite FC-12 20 W Federal Street Hamilton OH 45011 510407971 252869 Cost Economic Development Bibbo Properties Ltd 6001 Towpath Drive Valley View OH 44125 341929504 100000 Cost Economic Development Borgers Ohio Inc 400 Industrial Parkway Norwalk OH 448573102 300841962 150000 Cost Economic Development Campbell Soup Supply Company LLC 12773 State Route 110 Suite 300 Napoleon OH 435455898 510389504 100000 Cost Economic Development Candle-lite Company LLC 250 Eastern Ave PO Box 385 Leesburg OH 451359783 463867345 200000 Cost Economic Development CardinalCommerce Corporation 6119 Heisley Road Suite 800 Mentor OH 44060 341888626 600000 Cost Economic Development Chestnut Commerce Center LLC 2480 Bartlett Road Mantua OH 44255 475586394 281994 Cost Economic Development City of Toronto 416 Clark Street Toronto OH 43964 346002813 153071 Cost Economic Development Clarkwestern Dietrich Building Systems LLC 1455 Ridge Road Vienna OH 444739702 275010387 300000 Cost Economic Development Classic Warehousing Inc 160 Industrial Parkway Versailles OH 453809756 311809959 39996 Cost Economic Development Corvac Composites LLC 4450 36th Street SE Kentwood MI 49512 202485456 381446 Cost Economic Development CoverMyMeds LLC Two Miranova Place 10th Floor Columbus OH 432155078 263446223 150000 Cost Economic Development Dmax Ltd 3100 Dryden Road Suite 3100 Moraine OH 454391622 311624971 250000 Cost Economic Development Drury Southwest Inc 721 Emerson Road Suite 400 Saint Louis MO 631416770 611728225 500000 Cost Economic Development ElectroCraft Ohio Inc 250 McCormick Road Gallipolis OH 456318745 204410794 90000 Cost Economic Development Ernst Metal Technologies LLC 2920 Kreitzer Road Suite 100 Moraine OH 454391644 203246696 150000 Cost Economic Development Eurostampa North America Inc 1440 Seymour Avenue Suite 2535 Cincinnati OH 452373006 208588211 24295 Cost Economic Development Evanston Investments LLC 1400 North Main Street Delphos OH 45833 264715674 180000 Cost Economic Development FirstEnergy Generation LLC 76 South Main Street Suite 502 Akron OH 44308 341940561 12408019 Cost Economic Development FlightSafety International Inc 4010 Bridgeway Avenue Columbus OH 43219 133916524 100000 Cost Economic Development Fortner Upholstering Inc 2050 South High Street Columbus OH 43206 310789412 11500 Cost Economic Development Fuyao Glass America Inc 2801 West Stroop Road Moraine OH 45439 383928174 3000000 Cost Economic Development HDI Landing Gear USA Inc 663 Montgomery Avenue Suite Springfield OH 455061847 272252732 37740 Cost Economic Development HOMAGE LLC 4480 Bridgeway Avenue Suite A Columbus OH 43219 208826851 30000 Cost Economic Development HSNi LLC 1 HSN Drive St Petersburg FL 33729 262590893 150000 Cost Economic Development Humtown Pattern Company 120 Industry Street Leetonia OH 444318707 341193031 25000 Cost Economic Development International Business Machines Corporation North Castle Drive Armonk NY 10504 130871985 500000 Cost Economic Development King's Command Foods LLC 770 N Center Street Versailles OH 453809610 274718303 250000 Cost Economic Development Klarna Inc 274 Marconi Boulevard Columbus OH 43215 990365994 125000 Cost Economic Development MadTree House LLC 5164 Kennedy Avenue Cincinnati OH 45209 451257111 500000 Cost Economic Development Manufacturing Business Development Solutions LLC 1950 Industrial Drive Findlay OH 458409776 320071821 36664 Cost Economic Development Mar-Bal Inc 787 Renaissance Parkway Painsville OH 44407 341059601 500000 Cost Economic Development Masters Pharmaceutical Inc 11930 Kemper Springs Drive Suite 400 Cincinnati OH 45240 311752403 200000 Cost Economic Development Miba Energy Holding LLC 5037 State Route 60 NW McConnelsville OH 437569218 383825650 100000 Cost Economic Development Monroe County Port Authority 101 North Main Street Room 34 Woodsfield OH 43793 471636712 146469 Cost Economic Development MPW Industrial Services Inc 9711 Lancaster Road SE Hebron OH 430259764 311014212 100000 Cost Economic Development Nickel Plate Station LLC 20001 Euclid Avenue Suite 300 Euclid OH 44117 464196165 233433 Cost Economic Development NPW-USA Inc 1101 Saint Gregory Street Suite 200 202 Cincinnati OH 45202 454498851 40000 Cost Economic Development Ohio-West Virginia Excavating Co 56461 Ferry Landing Road Shadyside OH 43947 341421920 857781 Cost Economic Development P Graham Dunn Inc 630 Henry Street Dalton OH 446189280 341667697 190000 Cost Economic Development PCS Nitrogen Ohio L P 2200 Fort Amanda Road Lima OH 45804 133934027 137500 Cost Economic Development Peerless-Winsmith Inc 1401 West Market Street Warren OH 444852785 251487618 119863 Cost Economic Development Persistent Systems Inc 2055 Laurelwood Road Suite 210 Santa Clara CA 950542727 770584954 30000 Cost Economic Development Peter Cremer North America LP 3117 Southside Avenue Cincinnati OH 452041215 311635680 250000 Cost Economic Development Pison Stream Solutions LLC 6101 West Snowville Road Brecksville OH 441413237 274453719 9653 Cost Economic Development Polychem Corporation 6277 Heisley Road Mentor OH 440601858 341570807 50000 Cost Economic Development Port of Greater Cincinnati Development Authority 3 East 4th Street Suite 300 Cincinnati OH 452023745 311752368 1749893 Cost Economic Development Precision Products Group Inc 339 Mill Street Apple Creek OH 446069573 462903016 100000 Cost Economic Development PTTGC America LLC 2800 Post Oak Boulevard Suite 2401 Houston TX 770566128 474510612 1451981 Cost Economic Development Repacorp Inc 31 Industry Park Court Tipp City OH 453713060 311144772 40000 Cost Economic Development Sauder Woodworking Co 502 Middle Street Archbold OH 435021559 344346145 100000 Cost Economic Development Scannell Properties #277 LLC 8801 River Crossing Boulevard Suite 300 Indianapolis IN 46240 812288733 100000 Cost Economic Development LuK USA LLC 3401 Old Airport Road W Wooster OH 44691 841651449 1500000 Cost Economic Development Setex Inc 1111 Mckinley Road Saint Marys OH 458851816 341570556 30000 Cost Economic Development StandardAero Component Services Inc 11550 Mosteller Road Cincinnati OH 452411832 311813317 120000 Cost Economic Development Stanley Electric US Co Inc 420 East High Street London OH 43140 431192063 750000 Cost Economic Development Superior Dairy Inc 4719 Navarre Road SW Canton OH 447062338 340564691 100000 Cost Economic Development TNT Equipment Company 7070 State Route 13 NE Somerset OH 43783 311119067 30000 Cost Economic Development Talis Clinical LLC 650 Mondial Parkway Streetsboro OH 442415211 461515066 50000 Cost Economic Development Te-Co Manufacturing LLC 109 Quinter Farm Road Union OH 453229796 260349166 50000 Cost Economic Development The Black Family Limited Partnership 9711 Lancaster Road SE Hebron OH 43025 311456357 250000 Cost Economic Development The Bon-Ton Department Stores Inc 2801 East Market Street Building E York PA 174022406 231269309 100000 Cost Economic Development The Gent Machine Company 12315 Kirby Road PO Box 91629 Cleveland OH 441081616 340655810 423228 Cost Economic Development The Imperial Electric Company 345 Sycamore Street Middleport OH 457601328 205839715 200000 Cost Economic Development The Lincoln Electric Company 22801 St Clair Avenue Euclid OH 441171199 340359955 500000 Cost Economic Development The Mennel Milling Company 319 Vine Street Fostoria OH 448302315 344302060 174640 Cost Economic Development The Sanson Company 3716 Croton Avenue Cleveland OH 441153417 340697598 100000 Cost Economic Development ThyssenKrupp Bilstein of America Inc 8685 Bilstein Boulevard Hamilton OH 45015 952797355 50000 Cost Economic Development Tower Partners LLC 40 North Main Street Suite 1560 Dayton OH 454231020 800810911 300000 Cost Economic Development UGN Inc 201 Exploration Drive Monroe OH 45050 363435795 850000 Cost Economic Development Umicore Specialty Materials Recycling LLC 28960 Lakeland Boulevard Wickliffe OH 440922321 621551944 157043 Cost Economic Development Uni-Grip Inc 9823 State Highway 53 North Upper Sandusky OH 43351 341108705 100000 Cost Economic Development Veluscek and Heban Properties 200 Dixie Highway Rossford OH 43460 341776126 307622 Cost Economic Development Venture Packaging Midwest Inc 101 Oakley Street Evansville IN 47710 341809003 45000 Cost Economic Development W&W Dry Cleaners Laundry and Linen Services LLC 1440 Jefferson Street Greenfield OH 45123 465690691 50000 Cost Economic Development Waverly 3PL LLC 424 Hopewell Road Waverly OH 45690 471846501 400000 Cost Economic Development West Chester Holdings Inc 11500 Canal Road Sharonville OH 45241 311440199 30000 Cost Economic Development Western Reserve Port Authority 1453 Youngstown Kingsville Road NE Vienna OH 44473 341696662 199478 Cost Economic Development Wilbert Plastic Services 635 Southwest Street Bellevue OH 448119314 361178800 200000 Cost Economic Development Wrap N' Ship Inc 5055 Enterprise Boulevard Toledo OH 43612 341376029 55075 Cost Economic Development Zanesville Muskingum County Port Authority 205 North 5th Street Zanesville OH 437013507 316400080 775976 Cost Economic Development Zulily Inc 2601 Elliot Suite 400 Seattle WA 98121 271202150 250000 Cost Economic Development Athens Mold and Machine Inc 180 R Mill Street Athens OH 45701 311145612 400000 Cost Economic Development Marion Technical College 1467 Mount Vernon Avenue Marion OH 43302 310798878 501(c)(3) 200000 Cost Economic Development University of Dayton Research Institute 300 College Park Dayton OH 45469 310536715 501(c)(3) 6561 Cost Economic Development H2W Consulting LLC 172 East State Street 6th Floor Columbus OH 43215 815322241 187500 Cost Economic Development 2 97 Part I Line 2 JOBSOHIO GRANTEES RECEIVE GRANT FUNDS ONLY ON A REIMBURSEMENT BASIS. GRANTEES MUST SUBMIT A REQUEST FOR REIMBURSEMENT AND SUPPORTING DOCUMENTATION FOR REVIEW AND APPROVAL BY JOBSOHIO. GRANTEES MUST MAINTAIN RECORDS SUPPORTING CLAIMED COSTS AND ALL REQUESTS FOR REIMBURSEMENT ARE SUBJECT TO AUDIT BY JOBSOHIO. REQUESTS FOR REIMBURSEMENT MUST BE CERTIFIED BY AUTHORIZED OFFICERS OF GRANTEE. DOCUMENTATION IN SUPPORT OF CLAIMED COSTS MUST INCLUDE AGREEMENTS, PAID INVOICES, VOUCHERS, PAID RECEIPTS, AND OTHER DOCUMENTATION AS NEEDED. PROGRAM DISBURSEMENTS ARE REVIEWED AT MULTIPLE LEVELS WITHIN JOBSOHIO. GRANTEES ARE REQUIRED TO SUBMIT AN ANNUAL REPORT TO THE JOBSOHIO DIRECTOR OF COMPLIANCE. ALL SUCH REPORTS ARE REVIEWED BY THE DIRECTOR OF COMPLIANCE, WHO PREPARES A REPORT ON PROJECT PERFORMANCE. UNDERPERFORMING PROJECTS MAY BE THE SUBJECT OF ACTION AT THE RECOMMENDATION OF THE DIRECTOR OF COMPLIANCE BY THE JOBSOHIO COMPLIANCE TEAM, AND FINAL DETERMINATION BY THE JOBSOHIO President/CIO. Part II THE STATEMENT OF FUNCTIONAL EXPENSES IS PREPARED ON THE ACCRUAL BASIS OF ACCOUNTING AND SCHEDULE I IS PREPARED ON THE CASH BASIS OF ACCOUNTING, IN ACCORDANCE WITH IRS REPORTING INSTRUCTIONS. ACCORDINGLY, A VARIANCE EXISTS BETWEEN THE AMOUNTS REPORTED FOR GRANT EXPENSE ON EACH SCHEDULE. X X X X false false false false false false false false false John Minor Board Member President and CIO 321879 0 180000 0 324 0 12112 0 14630 0 528945 0 0 0 Ted Griffith Managing Director 218019 0 37700 0 315 0 4846 0 19729 0 280609 0 0 0 Kevin A Giangola Chief Financial Officer 188179 0 39500 0 251 0 7299 0 7337 0 242566 0 0 0 Dana Saucier Managing Director 225000 0 27000 0 314 0 3157 0 3021 0 258492 0 0 0 Charles Mustine Senior Advisor 239118 0 57100 0 929 0 12084 0 15186 0 324417 0 0 0 Kristi Tanner Senior Managing Director 235000 0 65000 0 333 0 0 0 2566 0 302899 0 0 0 Lee Crume Director of Sales 155162 0 25000 0 196 0 6137 0 11649 0 198144 0 0 0 Matthew Cybulski Sector Director 139664 0 22500 0 102 0 6623 0 7841 0 176730 0 0 0 Donell Grubbs General Counsel 173063 0 35600 0 671 0 8624 0 20268 0 238226 0 0 0 Kristina Clouse Executive Dir of Operations 183592 0 46400 0 168 0 7324 0 20351 0 257835 0 0 0 Cheryl Hay Director, Talent Acquisition 146833 0 100 0 397 0 0 0 14676 0 162006 0 0 0 Timothy Sweeney Sector Director 145718 0 100 0 181 0 3004 0 7164 0 156167 0 0 0 Valentina Isakina Managing Director 174572 0 0 0 235 0 0 0 20136 0 194943 0 0 0 Aaron Pitts Senior Managing Director 228074 0 64100 0 324 0 8021 0 20628 0 321147 0 0 0 Glenn Richardson Managing Director 214452 0 40000 0 877 0 10400 0 20587 0 286316 0 0 0 Andrew Lange Director, International Sales 147809 14800 276 0 7291 170176 0 Andrew Deye Director, Strategy 165870 0 11000 0 113 0 6159 0 7490 0 190632 0 0 0 Form 990 Part VI Line 2 JOHN MINOR, A DIRECTOR AND OFFICER OF JOBSOHIO, JAMES BOLAND, A DIRECTOR AND OFFICER OF JOBSOHIO, AND KEVIN GIANGOLA, AN OFFICER OF JOBSOHIO, WERE SIMULTANEOUSLY DIRECTORS AND OFFICERS OF JOBSOHIO BEVERAGE SYSTEM. Form 990 Part VI Line 7a THE GOVERNING BODY IS APPOINTED BY THE GOVERNOR ACCORDING TO OHIO STATE LAW, CHAPTER 187, REVISED CODE. Form 990 Part VI Line 11b THE FORM 990 IS SUBMITTED TO THE CHIEF FINANCIAL OFFICER FOR HIS REVIEW. SUBSEQUENT TO HIS APPROVAL, IT IS SUBMITTED TO THE PRESIDENT AND CHIEF INVESTMENT OFFICER FOR REVIEW AND APPROVAL. COPIES OF THE FORM 990 ARE PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING THE RETURN. ADDITIONALLY, JOBSOHIO EMPLOYS KPMG TO REVIEW THE RETURN AND PROVIDE GUIDANCE IN IDENTIFYING ERRORS IN THE RETURN SUBMISSION AND FEEDBACK ON QUANTITATIVE AND QUALITATIVE RESPONSES. Form 990 Part VI Line 12c JOBSOHIO'S CONFLICTS OF INTEREST POLICY IS INTENDED TO PROTECT THE CORPORATION'S INTEREST WHEN IT IS CONSIDERING A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF A DIRECTOR OR OFFICER OR EMPLOYEE OF THE CORPORATION OR MIGHT DIRECTLY BENEFIT THAT INDIVIDUAL IN OTHER THAN A DE MINIMIS MANNER. THIS POLICY SUPPLEMENTS, BUT DOES NOT REPLACE, OHIO LAWS GOVERNING CONFLICTS OF INTEREST APPLICABLE TO THE CORPORATION. UNDER JOBSOHIO'S CONFLICTS OF INTEREST POLICY, DIRECTORS, OFFICERS AND EMPLOYEES OF THE CORPORATION ARE CONSIDERED TO BE INTERESTED INDIVIDUALS WHERE THEY HAVE, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT, OR FAMILY: (A) A NON DE MINIMIS OWNERSHIP OR INVESTMENT INTEREST IN ANY PERSON WITH WHICH THE CORPORATION HAS A TRANSACTION OR ARRANGEMENT; (B) A COMPENSATION ARRANGEMENT WITH THE CORPORATION OR ANY PERSON WITH WHICH THE CORPORATION HAS A TRANSACTION OR ARRANGEMENT; OR (C) A NON DE MINIMIS POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR POTENTIAL COMPENSATION ARRANGEMENT WITH, ANY PERSON WITH WHICH THE CORPORATION IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. COMPENSATION INCLUDES DIRECT OR INDIRECT REMUNERATION AS WELL AS MATERIAL GIFTS OR FAVORS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST WITH RESPECT TO A SPECIFIC TRANSACTION OR ARRANGEMENT BETWEEN AN INTERESTED INDIVIDUAL AND THE CORPORATION, AN INTERESTED INDIVIDUAL MUST DISCLOSE THE EXISTENCE AND NATURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE DIRECTOR OF COMPLIANCE, BOARD, AND MEMBERS OF ANY COMMITTEES OR INDIVIDUALS WITH BOARD-DELEGATED POWERS THAT ARE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS AND ANY DISCUSSION WITH THE INTERESTED INDIVIDUAL, THE INTERESTED INDIVIDUAL MUST LEAVE THE BOARD OR OTHER MEETING WHILE A DETERMINATION IS MADE AS TO WHETHER A CONFLICT OF INTEREST EXISTS. THE BOARD SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE BOARD DECIDES BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS THAT A CONFLICT EXISTS, THE DISINTERESTED DIRECTORS MUST DETERMINE WHETHER THE CORPORATION CAN OBTAIN, WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY AVAILABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD MUST DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER THE TRANSACTION OR ARRANGEMENT IS FAIR AND REASONABLE. IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR OR OFFICER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT WILL INFORM THE INDIVIDUAL OF THE BASIS FOR SUCH BELIEF AND PROVIDE THE INDIVIDUAL WITH AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF THE DIRECTOR OR OFFICER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD DETERMINES THAT THE DIRECTOR OR OFFICER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT MUST TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION, INCLUDING, WITHOUT LIMITATION, INITIATING AN ACTION FOR BREACH OF FIDUCIARY DUTY. THE MINUTES OF THE BOARD MEETINGS CONSIDERING POSSIBLE OR ACTUAL CONFLICTS OF INTEREST SHALL BE KEPT AND SHALL CONTAIN BOTH OF THE FOLLOWING: (A) THE NAMES OF THE INDIVIDUALS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE BOARD'S DECISION AS TO WHETHER A CONFLICT OF INTEREST EXISTED; AND (B) THE NAMES OF THE INDIVIDUALS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION THEREWITH. IN ADDITION TO THE FOREGOING, ANY OFFICER OR EMPLOYEE OF THE CORPORATION WHOSE RESPONSIBILITY INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION DIRECTLY OR INDIRECTLY FROM THE CORPORATION IS PRECLUDED FROM VOTING OR PROVIDING INFORMATION TO ANY COMPENSATION COMMITTEE ON MATTERS PERTAINING TO THAT INDIVIDUAL'S COMPENSATION. DIRECTORS MAY NOT SOLICIT OR ACCEPT EMPLOYMENT WITH ANY PERSON THAT RECEIVES OR HAS RECEIVED AN INCENTIVE OR OTHER ASSISTANCE AS A RESULT OF A DECISION THAT SUCH DIRECTOR PARTICIPATED IN AS A DIRECTOR OF THE CORPORATION. EACH DIRECTOR, OFFICER AND EMPLOYEE IS REQUIRED TO ANNUALLY SIGN A STATEMENT AFFIRMING THAT SUCH INDIVIDUAL: (A) HAS RECEIVED A COPY OF THE POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; (C) HAS AGREED TO COMPLY WITH THE POLICY; AND (D) UNDERSTANDS THE CORPORATION'S STATUTORY PURPOSE AND THAT IT IS A NONPROFIT CORPORATION. TO ENSURE THAT THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH ITS STATUTORY AND CHARITABLE PURPOSES OR CONTRACTUAL OBLIGATIONS AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE THE STATUS OF THE CORPORATION AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, PERIODIC REVIEWS OF ITS OPERATIONS ARE PERFORMED. THE PERIODIC REVIEWS, AT A MINIMUM, DETERMINE ALL OF THE FOLLOWING: (A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED UPON COMPETENT SURVEY INFORMATION, AND ARE THE RESULT OF ARM'S LENGTH BARGAINING; (B) WHETHER THE CORPORATION'S OPERATIONS ARE CONSISTENT WITH THE ARTICLES, THIS CODE OF REGULATIONS AND CONTRACTUAL OBLIGATIONS, AND ARE PROPERLY DOCUMENTED; AND (C) WHETHER TRANSACTIONS ARE FAIR TO THE CORPORATION, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER THE CORPORATION'S STATUTORY AND CHARITABLE PURPOSES OR CONTRACTUAL OBLIGATIONS, AND DO NOT RESULT IN DIRECT PRIVATE BENEFIT TO DIRECTORS, OFFICERS OR OTHER PERSONS, IN OTHER THAN A DE MINIMIS MANNER. A MAJORITY OF THE DISINTERESTED DIRECTORS MAY REMOVE ANY DIRECTOR FOR MISCONDUCT. MISCONDUCT INCLUDES ANY BEHAVIOR BY A DIRECTOR THAT INDICATES THE DIRECTOR HAS FAILED TO PERFORM HIS OR HER FIDUCIARY DUTIES TO THE CORPORATION; TO COMPLY WITH THE REQUIREMENTS OF THE ARTICLES, THIS CODE OF REGULATIONS, OR ANY CORPORATE CONFLICTS OF INTEREST OR ETHICAL POLICIES; TO MEET HIS OR HER OBLIGATIONS AS A DIRECTOR UNDER OHIO LAW; HAS BEEN CONVICTED OF A FELONY; OR HAS OTHERWISE ENGAGED, THROUGH ACT OR OMISSION, IN SIMILAR BEHAVIOR THAT A MAJORITY OF THE DISINTERESTED DIRECTORS DETERMINES WARRANTS REMOVAL FOR MISCONDUCT. A MAJORITY OF THE DISINTERESTED DIRECTORS HAVE SOLE AUTHORITY TO DETERMINE WHETHER A DIRECTOR SHOULD BE REMOVED FROM OFFICE ON THE BASIS OF MISCONDUCT. EFFECTIVE OCTOBER 1, 2013, JOBSOHIO'S BOARD OF DIRECTORS CREATED AN INDEPENDENT REVIEW PANEL TO, AMONG OTHER THINGS, ASSESS THE ADEQUACY OF JOBSOHIO'S REVIEW PROCESS REGARDING POTENTIAL CONFLICTS OF INTEREST. THE DIRECTOR OF COMPLIANCE HAS COMPILED A LIST OF FINANCIAL AND FIDUCIARY INTERESTS FROM THE FINANCIAL DISCLOSURE STATEMENTS THAT ALL JOBSOHIO BOARD OF DIRECTORS AND NUMEROUS JOBSOHIO STAFF MEMBERS MUST FILL OUT AND SUBMIT TO THE OHIO ETHICS COMMISSION. IN THE FALL OF 2013, JOBSOHIO BUILT INTO ITS CUSTOMER RELATIONSHIP MANAGEMENT SOFTWARE SYSTEM A ROBUST POTENTIAL CONFLICT IDENTIFICATION SYSTEM (PCIS) THAT AUTOMATICALLY SEARCHES FOR MATCHES OF DISCLOSED FINANCIAL AND FIDUCIARY INTERESTS OF BOARD MEMBERS AND EMPLOYEES WITH ANY COMPANY THAT SEEKS AN ECONOMIC DEVELOPMENT INCENTIVE FROM JOBSOHIO. AT THREE POINTS IN THE PROJECT DEVELOPMENT PROCESS, THE PCIS ALERTS JOBSOHIO'S GENERAL COUNSEL OF ANY POTENTIAL CONFLICTS AND REQUIRES THOSE POTENTIAL CONFLICTS OF INTEREST TO BE CLEARED OR MANAGED BEFORE THE PROJECT MAY PROCEED TO APPROVAL. IN TANDEM WITH THE AUTOMATED PCIS PROCESS AND TWICE A WEEK, THE DIRECTOR OF COMPLIANCE PERFORMS AN INDEPENDENT REVIEW OF THE AGENDAS FOR THE PROJECT TEAM MEETINGS TO CHECK FOR POTENTIAL CONFLICTS OF INTEREST IN ADVANCE OF THOSE MEETINGS. Form 990 Part VI Line 15a & 15b Pursuant to Article 5.1 (a) of the JobsOhio Articles of Incorporation, the JobsOhio Board of Directors (Board) is to approve by resolution the compensation of the Chief Investment Officer. Pursuant to Article 5.1 (b) thereof, the Board is to approve a compensation plan for the Corporation. Under Article 6.4 of the JobsOhio Articles of Incorporation, a Compensation Committee (Committee) is elected by the Board. The Committee is responsible for reviewing any plan for the compensation of the Corporation's employees recommended by the Chief Investment Officer and for making recommendations regarding any such plan of compensation to the Board for their action. In addition, the Committee is to review compensation arrangements with both employees and independent contractors of the Corporation. During the tax year the Compensation Committee retained the services of a compensation consultant and developed and reviewed a compensation plan for the Corporation, excluding the President/Chief Investment Officer. The Committee was provided with and considered supporting data and documentation, including comparisons, and approved the compensation plan. The Committee separately reviewed and approved a proposal for the compensation of the President/Chief Investment Officer. Officers and employees that were the subject of the compensation determinations, including the President/Chief Investment Officer, were not present for the discussion and voting on their compensation. The actions of the Compensation Committee were contemporaneously documented in Committee minutes. The actions of the Compensation Committee were forwarded to the Board of Directors for approval of that body. Form 990 Part VI Line 19 THE CORPORATION'S ARTICLES OF INCORPORATION ARE FILED WITH THE OFFICE OF THE OHIO SECRETARY OF STATE AND ARE A MATTER OF PUBLIC RECORD AVAILABLE ONLINE. THE CORPORATION'S CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE FILED WITH THE OHIO DEVELOPMENT SERVICES AGENCY AND ARE PUBLIC RECORDS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE FOLLOWING DOCUMENTS ARE AVAILABLE ON THE JOBSOHIO WEBSITE: ARTICLES OF INCORPORATION, CODE OF REGULATIONS, CONFLICTS OF INTEREST POLICY, STANDARDS OF CONDUCT POLICY, EMPLOYEE GIFT POLICY, ETHICAL ANNUAL CONDUCT PLEDGE, ANNUAL ETHICS TRAINING, 2016 AUDITED FINANCIAL STATEMENTS, 2017 AUDITED FINANCIAL STATEMENTS, AND IRS FORM 990. Form 990 Part IX Line 24a NETWORK PARTNER SERVICE FEES ARE AMOUNTS PAID TO JOBSOHIO REGIONAL PARTNERS IN SUPPORT OF ACHIEVING THE MISSION TO PROMOTE ECONOMIC DEVELOPMENT IN THE STATE. THE SIX REGIONAL PARTNERS WITHIN THIS JOBSOHIO NETWORK FOCUS THEIR EFFORTS ON ECONOMIC DEVELOPMENT WITHIN THEIR AREA. JOBSOHIO BEVERAGE SYSTEM 41 S HIGH STREET SUITE 1500 COLUMBUS OH 43215 201255734 ECON DEVELOP OH 501 (C) (3) 7 JOBSOHIO true NONE NONE false false true false false false false false false true false true false true true false true false false JOBSOHIO BEVERAGE SYSTEM c 180000000 Cash JOBSOHIO BEVERAGE SYSTEM l, o 697795 Cost JOBSOHIO BEVERAGE SYSTEM q 483087 Cost