Jobsohio
- Assets
- $914.0m
- Revenue
- $294.2m
- Investments
- $10.6m
- Employees
- 155
- Location
- Columbus, OH
- Founding
- 06/2014
- Data as of
- 06/2022
- EIN
- 45-2798687
Organization Overview
Jobsohio is located in Columbus, OH. The organization was established in 2014. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2022, Jobsohio employed 155 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jobsohio is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Jobsohio generated $294.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $351.9m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jobsohio has awarded 1,403 individual grants totaling $694,749,773. 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
TO PROMOTE ECONOMIC DEVELOPMENT, JOB CREATION, JOB RETENTION, JOB TRAINING, WORKFORCE DEVELOPMENT, AND THE RETENTION OF CURRENT AND RECRUITMENT OF NEW BUSINESS TO OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 SATE OF OHIO, THE ECONOMIC DEVELOPMENT PROGRAM HAS INCREASED IN INTENSITY IN FISCAL YEAR 2022 AS JOBSOHIO PROMOTED NEW ECONOMIC DEVELOPMENT PROGRAMS WHILE CONTINUING TO LEVERAGE EXISTING PROGRAMS. JOBSOHIO RECEIVED A CONTRIBUTION OF $255,000,000 DURING THE FISCAL YEAR ENDED JUNE 30, 2022 FROM JOBSOHIO BEVERAGE SYSTEM TO AID IN CARRYING OUT ITS JOB CREATION AND OTHER ECONOMIC DEVELOPMENT ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jp Nauseef President & Cio | OfficerTrustee | 40 | $611,854 |
Paul Kalmbach Board Member (end 7/21) | Trustee | 1 | $0 |
Dr Jerry Sue Thornton Board Member | Trustee | 1 | $0 |
Gen Lester Lyles Board Member | Trustee | 1 | $0 |
John Bishop Board Member | Trustee | 1 | $0 |
Lori Marie Gillet Board Member (begin 09/2021) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Madwell Llc Consultant | 6/29/22 | $19,671,717 |
Click Here Digital Consultant | 6/29/22 | $10,754,870 |
Fahlgren Mortine Consultant | 6/29/22 | $2,746,930 |
Team Neo Consultant | 6/29/22 | $4,213,650 |
Linkedin Corporation Consultant | 6/29/22 | $2,453,126 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $255,000,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $255,000,000 |
| Total Program Service Revenue | $14,987,168 |
| Investment income | $24,161,658 |
| 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 | $294,154,567 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $238,403,120 |
| 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. | $7,285,955 |
| Compensation of current officers, directors, key employees. | $2,041,838 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,309,040 |
| Pension plan accruals and contributions | $654,030 |
| Other employee benefits | $1,660,275 |
| Payroll taxes | $1,237,930 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,345,886 |
| Fees for services: Accounting | $200,857 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,301,151 |
| Fees for services: Other | $14,283,783 |
| Advertising and promotion | $46,092,478 |
| Office expenses | $417,529 |
| Information technology | $4,665,918 |
| Royalties | $0 |
| Occupancy | $554,300 |
| Travel | $1,269,797 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $4,945 |
| Conferences, conventions, and meetings | $2,513,192 |
| Interest | $51,954 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,584,007 |
| Insurance | $294,022 |
| All other expenses | $356,347 |
| Total functional expenses | $351,892,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,965,189 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,853,658 |
| 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 | $2,256,922 |
| Net Land, buildings, and equipment | $3,635,281 |
| Investments—publicly traded securities | $645,364,491 |
| Investments—other securities | $10,632,831 |
| Investments—program-related | $183,772,066 |
| Intangible assets | $33,861 |
| Other assets | $2,519,129 |
| Total assets | $914,033,428 |
| Accounts payable and accrued expenses | $12,197,493 |
| Grants payable | $290,928,747 |
| 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 | $1,799,095 |
| Total liabilities | $304,925,335 |
| 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 | $609,108,093 |
| Total liabilities and net assets/fund balances | $914,033,428 |
Grants Awarded
Over the last fiscal year, Jobsohio has awarded $151,122,798 in support to 287 organizations.
| Grant Recipient | Amount |
|---|---|
(KROY LLC) KROY LLC A NEVADA LIMITED LIABILITY COMPANY PURPOSE: ECONOMIC DEVELOPMENT | $200,000 |
10600 EVENDALE DRIVE LLC PURPOSE: ECONOMIC DEVELOPMENT | $75,000 |
1157 DESIGNCONCEPTS LLC PURPOSE: ECONOMIC DEVELOPMENT | $25,000 |
ACCUCUT SERVICES LLC PURPOSE: ECONOMIC DEVELOPMENT | $25,000 |
ADS ALLIANCE DATA SYSTEMS PURPOSE: ECONOMIC DEVELOPMENT | -$250,000 |
AEROPACT MANUFACTURING LLC PURPOSE: ECONOMIC DEVELOPMENT | $25,000 |