Ohio Association Of Community Colleges
- Assets
- $1.7m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 7
- Location
- Columbus, OH
- Founding
- 11/1996
- Data as of
- 06/2023
- EIN
- 31-1391013
Organization Overview
Ohio Association Of Community Colleges is located in Columbus, OH. The organization was established in 1996. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2023, Ohio Association Of Community Colleges employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Association Of Community Colleges is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Ohio Association Of Community Colleges generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $2.8m during the year ending 06/2023. While expenses have increased by 3.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OACC IS DEDICATED TO THE ADVANCEMENT AND IMPLEMENTATION OF SOUND POLICY AND INITIATIVES THAT WORK TO ENSURE THE SUCCESS OF THE MORE THAN 300,000 COMMUNITY COLLEGE STUDENTS IN OHIO. ROOTED IN THE BELIEF THAT EVERY PERSON SHOULD HAVE ACCESS TO A HIGH-QUALITY COLLEGE EDUCATION, THE OACC SUPPORTS THE MISSION OF THE STATE'S 23 COMMUNITY COLLEGES TO PROVIDE PROGRAMMING IN TECHNICAL EDUCATION, LOWER-DIVISION BACCALAUREATE EDUCATION, DEVELOPMENTAL EDUCATION, AND CONTINUING EDUCATION IN OUR LOCAL COMMUNITIES. TO THAT END, THE OACC EXISTS TO ADVOCATE FOR OHIO'S COMMUNITY COLLEGES, AS WELL AS SERVE AS A RESOURCE FOR ITS MEMBER INSTITUTIONS. THE OACC PROVIDES LEADERSHIP TO DEVELOP AND EXECUTE STRATEGIC DIRECTION FOR OHIO'S COMMUNITY AND TECHNICAL COLLEGES, REPRESENTS ITS MEMBER COLLEGES AT THE STATE AND NATIONAL LEVEL, PROMOTES THE BENEFIT OF COMMUNITY COLLEGES TO THE RESIDENTS OF OHIO, PROVIDES OPPORTUNITIES FOR TRUSTEE DEVELOPMENT, AND FACILITATES THE EXCHANGE OF IDEAS AND INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OACC PRESENTS VARIOUS EDUCATION PROGRAMS AND WORKSHOPS AS WELL AS THE ALL OHIO ACADEMIC TEAM CONFERENCE TO RECOGNIZE ACADEMIC EXCELLENCE. OHIO'S COMMUNITY COLLEGES PLAY A KEY ROLE IN EDUCATING AND TRAINING THE WORKFORCE OUR STATE NEEDS TO REVITALIZE THE ECONOMY AND ATTRACT NEW BUSINESSES. THE OACC IS DEDICATED TO ADVANCING THOSE EFFORTS AND FURTHERING THE MISSION OF THE STATE'S TWO-YEAR COLLEGES. THE OACC SERVES AS AN ADVOCACY ORGANIZATION ON BEHALF OF COMMUNITY COLLEGES AND WORKS CLOSELY WITH STATE AND FEDERAL POLICY MAKERS TO EDUCATE AND INFORM THEM ON THE ISSUES THAT HAVE A DIRECT IMPACT ON COMMUNITY COLLEGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice Stephens Chair | OfficerTrustee | 2 | $0 |
Jim Doyle Imm Past Cha | OfficerTrustee | 2 | $0 |
Dr Dorey Diab Imm Past Vic | OfficerTrustee | 2 | $0 |
Jerome Revish Secretary | OfficerTrustee | 2 | $0 |
Dr Marcia Ballinger Treasurer | OfficerTrustee | 2 | $0 |
Dr Monica Posey Vice Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,127,499 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,019,396 |
| All other contributions, gifts, grants, and similar amounts not included above | $602,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,748,895 |
| Total Program Service Revenue | $37,407 |
| Investment income | $69,601 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,167,955 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $859,956 |
| Compensation of current officers, directors, key employees. | $781,799 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $181,880 |
| Pension plan accruals and contributions | $84,490 |
| Other employee benefits | $321,763 |
| Payroll taxes | $12,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,723 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $872,963 |
| Advertising and promotion | $40,000 |
| Office expenses | $9,459 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $98,297 |
| Travel | $65,775 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $127,545 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,920 |
| All other expenses | $4,034 |
| Total functional expenses | $2,825,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99 |
| Savings and temporary cash investments | $1,744,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,744,159 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,744,159 |
| Total liabilities and net assets/fund balances | $1,744,159 |