OHIO CAPITAL IMPACT CORPORATION Charity Report

Public IRS 990 nonprofit record

OHIO CAPITAL IMPACT CORPORATION

EIN 46-1632889 · Single Organization Support (L11)

What they do

THE OHIO CAPITAL IMPACT CORPORATION (OCIC) WAS FORMED IN DECEMBER of 2012 AS THE NON-PROFIT, PHILANTHROPIC ARM of OHIO CAPITAL CORPORATION for HOUSING. OCIC WILL CONTRIBUTE 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.SIGNIFICANT PROGRAM SERVICES UNDERTAKEN DURING 2024 ARE CAPITAL for PARTNERS PROGRAM, THE SUMMER CAMP FUND PROGRAM, SCHOLARSHIP PROGRAM, and DIGITAL INCLUSION. DESCRIPTIONS of EACH of THESE PROGRAMS ARE INCLUDED IN PART III, QUESTION 4 of THE FORM 990.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $99.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.02%of revenue went to mission work99.9% of expenses · Program services

$87.11spent for every $100 of revenueRevenue covered expenses this year.

0.09%of revenue went to management and office costs0.1% of expenses

$4.21in assets for every $1 spent this yearSome assets cannot be spent right away.

89.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $302,586 for CATHERINE CAWTHON (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,065,100

Mission workProgram services$2,667,09987.02% of revenue99.9% of expenses

ManagementOffice and general costs$2,7590.09% of revenue0.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$395,24212.89% of revenueShown in gray on the chart

Total expenses$2,669,85887.11% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 99.9% mission · 0.1% management · 0.0% fundraisingTotal expenses: 87.11% of revenue

2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 134.45% of revenue

2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 64.07% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 115.35% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 52.35% of revenue

2019Expense mix: 99.7% mission · 0.3% management · 0.0% fundraisingTotal expenses: 56.47% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 71.91% of revenue

2017Expense mix: 99.8% mission · 0.2% management · 0.0% fundraisingTotal expenses: 117.52% of revenue

Money in and money out

Revenue$3,065,100

Expenses$2,669,858

Annual surplus $395,242 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,667,099 · 99.9% of expenses

Management and office costs$2,759 · 0.1% of expenses

See all reported dollar amounts

Revenue$3,065,100

Expenses$2,669,858

Assets$11,236,446

Income$3,065,100

Contributions$2,749,127

Mission work (program services)$2,667,099

Grants given$23,459,779

Average grant$33,324

Management and general$2,759

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CATHERINE CAWTHONPRESIDENT AND CEO · 5 hrs/week $302,586Base · Other $302,586

JOHN HARTRANFTEVP RISK AND CORP. COUNCIL · 5 hrs/week $255,432Base · Other $255,432

JENNIFER MULLANEYCFO · 5 hrs/week $242,775Base · Other $242,775

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

CATHERINE CAWTHONPRESIDENT AND CEO

JOHN HARTRANFTEVP RISK AND CORP. COUNCIL

JENNIFER MULLANEYCFO

ANDREW TANNERDIRECTOR/ TREASURER

ANGELA MINGODIRECTOR / CHAIRMAN

DEBBIE WATTS-ROBINSONDIRECTOR

DENNIS GUESTDIRECTOR (UNTIL APRIL 2024)

GRADY APPLETONDIRECTOR

JEANNE GOLLIHERDIRECTOR / VICE CHAIR

JEANNE SCHROERDIRECTOR/ SECRETARY

JOHN LEEDIRECTOR (UNTIL APRIL 2024)

KEVIN NOWAKDIRECTOR

LEWIS DIAZDIRECTOR

RICHARD MCQUADYDIRECTOR

TOM LOOSDIR./ TREASURER (UNTIL APRIL 2024)

About this charity

Recognized since: January 2015
Location: 671 SOUTH HIGH STREET 600, COLUMBUS, OH 43206-1072
County: Franklin
In care of: JENNIFER MULLANEY
Primary officer: JENNIFER MULLANEY, CHIEF FINANCIAL OFFICER

How to reach them

Phone(614) 224-8446

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: COHNREZNICK ADVISORY LLC
NTEE classification: Single Organization Support (L11)
IRS tax category: Single Organization Support
Grant-giving organization: Yes