NonprofitsOhio Capital Impact Corporation

Housing & Shelter

Ohio Capital Impact Corporation

COLUMBUS, OH

Total revenue

$3.1M

Total expenses

$2.7M

Net assets

$10.2M

Grants received

$11.5M

4 grants

EIN

461632889

Tax year

2024

Mission

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.

Programs

3 programs

Summer camp fund: provide grants to partners to support residents of low income housing projects through sending children to summer camps.

Expenses: $574KGrants: $574K

Ocic is proud to support the work of cpo impact, an affiliate of community properties of ohio created in 2007. In 2024 funds were awarded for selected programs that find and design interventions 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.

Expenses: $208KGrants: $208K

Digital inclusion: the fund was created to encourage innovation in digital inclusivity. Funds help support hardware and technical assistance to improve digital access. Hardware may include computers, wi-fi hot spots, tablets, and other personal devices. Funding can also be used to further digital literacy training and economic empowerment.

Expenses: $106KGrants: $106K

Financials

FY 2024

Revenue

Contributions & grants$2.7M
Program service revenue
Investment income$251K
Other revenue$65K
Total revenue$3.1M

Expenses

Grants paid$2.7M
Salaries & benefits
Fundraising
Other expenses$3K
Total expenses$2.7M
Total assets$11.2M
Net assets$10.2M

People

15 listed

NameRoleCompensation

ANGELA MINGO

DIRECTOR / CHAIRMAN

Board

0.5 hrs/wk

JEANNE GOLLIHER

DIRECTOR / VICE CHAIR

Board

0.5 hrs/wk

ANDREW TANNER

DIRECTOR/ TREASURER

Board

0.5 hrs/wk

TOM LOOS

DIR./ TREASURER (UNTIL APRIL 2024)

Board

0.5 hrs/wk

JEANNE SCHROER

DIRECTOR/ SECRETARY

Board

0.5 hrs/wk

GRADY APPLETON

DIRECTOR

Board

0.5 hrs/wk

DENNIS GUEST

DIRECTOR (UNTIL APRIL 2024)

Board

0.5 hrs/wk

JOHN LEE

DIRECTOR (UNTIL APRIL 2024)

Board

0.5 hrs/wk

RICHARD MCQUADY

DIRECTOR

Board

0.5 hrs/wk

KEVIN NOWAK

DIRECTOR

Board

0.5 hrs/wk

DEBBIE WATTS-ROBINSON

DIRECTOR

Board

0.5 hrs/wk

LEWIS DIAZ

DIRECTOR

Board

4.5 hrs/wk

CATHERINE CAWTHON

PRESIDENT AND CEO

Board

5 hrs/wk

JOHN HARTRANFT

EVP RISK AND CORP. COUNCIL

Board

5 hrs/wk

JENNIFER MULLANEY

CFO

Board

5 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$2.5M
GENERAL SUPPORT
2024
$1.3M
GENERAL SUPPORT
2023
$2.4M
GENERAL SUPPORT
2022
$5.3M
GENERAL SUPPORT
2020

Funded by

$11.5M from 1 funder · 4 grants · 2020–2024

Ohio Capital Corporation For Housing

$11.5M · 4 grants · 2020–2024

Details

EIN461632889
NTEE codeL11
Subsection03
Ruling date2015-05
Formed2012
Employees0
Volunteers0
OHIO CAPITAL IMPACT CORPORATION — Mission, Financials & Grants Received | Grantivo