Columbus Partnership
- Assets
- $6.8m
- Revenue
- $10.0m
- Investments
- $536.4k
- Employees
- 59
- Location
- Columbus, OH
- Founding
- 11/2017
- Data as of
- 12/2022
- EIN
- 35-2558300
Organization Overview
Columbus Partnership is located in Columbus, OH. The organization was established in 2017. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Columbus Partnership employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus Partnership is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Columbus Partnership generated $10.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $9.8m during the year ending 12/2022. While expenses have increased by 15.4% per year over the past 6 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.
Since 2017, Columbus Partnership has awarded 14 individual grants totaling $1,813,582. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR A DESCRIPTION OF THE ORGANIZATION'S MISSION AND MOST SIGNIFICANT ACTIVITIES: ECONOMIC DEVELOPMENT AND CIVIC ADVOCACY: TO ENGAGE IN THE CONDUCT OF INVESTIGATIONS AND STUDIES AND TO DEVELOP PLANS, PROGRAMS AND ACTIONS TO BE UNDERTAKEN IN THE GREATER COLUMBUS AREA TO SECURE ITS LONG-TERM, BROAD-BASED VITALITY AND PROSPERITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC DEVELOPMENT. INVESTIGATION AND STUDY OF VARIOUS AREAS OF NEED FOR THE DEVELOPMENT OF PLANS AND PROGRAMS TO BE UNDERTAKEN.
OTHER PROJECTS - THE ORGANIZATION TAKES ON VARIOUS SHORT-TERM PROJECTS FROM TIME TO TIME WHICH ARE OF IMMEDIATE AND/OR TRANSIENT INTEREST. IF A PROJECT IS NOT SUFFICIENTLY WELL-DEFINED IN TIME OR PURPOSE, IT FALLS WITHIN THIS CATEGORY.
EDUCATION - INVESTIGATION AND STUDY OF VARIOUS AREAS NEEDED FOR THE DEVELOPMENT OF PLANS AND PROGRAMS TO BE UNDERTAKEN TO IMPROVE URBAN EDUCATION IN SUPPORT OF ECONOMIC DEVELOPMENT ACTIVITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas K Akins Co-Chairman | OfficerTrustee | 1 | $0 |
Steve Steinour Co-Chairman | OfficerTrustee | 1 | $0 |
Frances Henry Secretary | OfficerTrustee | 1 | $0 |
Mark Howard Treasurer | OfficerTrustee | 1 | $0 |
John Ammendola Director | Trustee | 1 | $0 |
Mary Auch Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $429,930 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $429,930 |
| Total Program Service Revenue | $7,749,575 |
| Investment income | $46,117 |
| 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 | $9,954,880 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $107,898 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $882,933 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $942,602 |
| Other salaries and wages | $4,836,825 |
| Pension plan accruals and contributions | $608,030 |
| Other employee benefits | $514,524 |
| Payroll taxes | $359,433 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38,938 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $90,389 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $759,896 |
| Advertising and promotion | $24,606 |
| Office expenses | $75,470 |
| Information technology | $31,988 |
| Royalties | $0 |
| Occupancy | $253,602 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $119,929 |
| Interest | $3,004 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,062 |
| Insurance | $16,017 |
| All other expenses | $0 |
| Total functional expenses | $9,776,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,247,420 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,139,341 |
| Loans from Officers, Directors, or Controlling Persons | $3,458,182 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $75,861 |
| Net Land, buildings, and equipment | $360,990 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $536,438 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,818,232 |
| Accounts payable and accrued expenses | $381,382 |
| Grants payable | $0 |
| Deferred revenue | $315,000 |
| 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 | $48,066 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $536,438 |
| Total liabilities | $1,280,886 |
| Net assets without donor restrictions | $5,537,346 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $6,818,232 |
Grants Awarded
Over the last fiscal year, Columbus Partnership has awarded $30,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NEW ALBANY COMMUNITY FOUNDATION PURPOSE: REMARKABLE EVENING | $5,000 |
NICKLAUS CHILDRENS HEALTH CARE FOUNDATION PURPOSE: GENERAL FUND | $5,000 |
AMERICAN CANCER SOCIETY PURPOSE: 2021 DRIVE FOR LIFE GULF SPONSORSHIP | $5,000 |
GEORGE W BUSH FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |
COLUMBUS STATE COMMUNITY COLLEGE PURPOSE: MICHELL HALL AND SCHOOL OF HOSPITALITY MANAGEMENT SUPPORT | $10,000 |