Ohio Capital Corporation for Housing
Ohio Capital Corporation for Housing reported $44.5 million in revenue and $30.6 million in expenses for calendar year 2024. Of every $100 it spent, $81.72 went to program services, $18.28 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.0% of the total. The highest compensation it reported for one person was $1,235,117 (PRESIDENT). 61 people received more than $100,000 in reportable compensation. Revenue fell 57% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $31MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $45MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.7% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.3% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.3% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.2% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 95.0% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $1,235,117 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.04% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 61 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 65.9 | 10.0 |
| Independent voting board members Part VI 1a–1b | 0 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 30.00 hrs/week | $932,531 | $0 | $302,586 | $1,235,117 |
| EVP ASSET MGMT AND OPERATIONS Key employee, 40.00 hrs/week | $646,683 | $0 | $268,948 | $915,631 |
| EXECUTIVE VICE PRESIDENT Key employee, 10.00 hrs/week | $647,758 | $0 | $264,758 | $912,516 |
| CHIEF FINANCIAL OFFICER Officer, 30.00 hrs/week | $613,321 | $0 | $242,775 | $856,096 |
| EVP - RISK Officer, 30.00 hrs/week | $584,091 | $0 | $255,432 | $839,523 |
| SVP, ASSET MANAGEMENT Key employee, 40.00 hrs/week | $474,365 | $0 | $236,843 | $711,208 |
| EVP CAPITAL MARKETS Key employee, 40.00 hrs/week | $449,621 | $0 | $166,773 | $616,394 |
| SENIOR VP OF DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $369,736 | $0 | $168,480 | $538,216 |
61 people received more than $100,000 in reportable compensation from Ohio Capital Corporation for Housing (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7.0M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 0 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 578
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| BARNES AND THORNBURG Legal | $2,003,093 |
| COHNREZNICK Audit and tax | $1,184,590 |
| WORKSPACE OHIO LLC Furniture supply | $853,990 |
| NOVOGRADAC AND COMPANY Audit and tax | $354,600 |
Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Ohio Capital Corporation for Housing's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ohio Capital Corporation for Housing, you can publish a response that is linked from this page.
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Of every $100 Ohio Capital Corporation for Housing spent in 2024, $81.72 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- AeonMinneapolis, MN · revenue $44M · programs 95.3% · 2024
- Central Massachusetts Housing AllianceWorcester, MA · revenue $45M · programs 94.9% · FY2025
- Habitat for Humanity of OmahaOmaha, NE · revenue $44M · programs 90.4% · 2025
- Achievement UnlimitedGalesburg, IL · revenue $45M · programs 94.5% · FY2025
- Good Samaritan ShelterSanta Maria, CA · revenue $43M · programs 89.6% · FY2025
Questions people ask
How much of Ohio Capital Corporation for Housing's spending goes to programs?
In calendar year 2024, Ohio Capital Corporation for Housing reported that 81.7% of its $30.6 million in expenses went to program services, 18.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Ohio Capital Corporation for Housing pay its top executive?
The largest total compensation Ohio Capital Corporation for Housing reported for one person in calendar year 2024 was $1,235,117, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Ohio Capital Corporation for Housing get its money?
Of $44.5 million in revenue in calendar year 2024, 0.3% came from contributions and grants (including 0.2% from government grants) and 95.0% from program service revenue (Form 990, Part VIII).
Is Ohio Capital Corporation for Housing a registered charity?
The IRS lists EIN 31-1265570 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533189349307758 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413209349316841 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303199349324210 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243199349322884 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133149349303278 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003219349318850 · read the filing
All filings for EIN 31-1265570: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.