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Nonprofit · EIN 01-0634942

OHIO CAPITAL FINANCE CORPORATION

Tax-exempt · COLUMBUS, OH 43206

Financials

$11.2M$4.1M2023$19.3M$6.5M2024
Revenue Expenses · by fiscal year end
Financials of OHIO CAPITAL FINANCE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$19,346,452$6,533,581$12,812,871$236,927,165$144,636,855$92,290,310
December 31, 2023990$11,231,940$4,087,135$7,144,805$167,509,154$88,031,715$79,477,439
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,181,002
of which government grants
$8,000,000
Program service revenue
$9,936,804
Investment income
$228,646
Other revenue
$0

Expenses

Grants and similar amounts paid
$44,030
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$46,140
Accounting fees
$62,870
Travel
$31,187
Program services (functional)
$6,313,177
Management and general (functional)
$220,404

Balance sheet and other

Total assets, start of year
$167,509,154
Total assets, end of year
$236,927,165
Total liabilities, end of year
$144,636,855
Net assets, end of year
$92,290,310
Net assets without donor restrictions
$83,335,177
Net assets with donor restrictions
$8,955,133
Gross receipts
$19,346,452
Employees
0
Volunteers
0
Year formed
2002
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
CATHERINE CAWTHONCEO
Officer
5$0$932,531$302,586
JONATHAN WELTYPRESIDENT
Officer
30$0$647,758$264,758
JENNIFER MULLANEYCFO
Officer
5$0$613,321$242,775
JOHN HARTRANFTEVP - RISK
Officer
5$0$584,091$255,432
NANCY L RODGERSOUTGOING SECRETARY
Officer
5$0$125,026$28,274
LORI CONARDSECRETARY
Officer
5$0$90,981$33,283
ANGELA MINGODIRECTOR /CHAIR
Trustee or director, Officer
1$0$10,560$0
ANDREW TANNERDIRECTOR/ TREASURER
Trustee or director, Officer
1$0$8,965$0
GRADY P APPLETONDIRECTOR
Trustee or director
1$0$8,250$0
RICHARD MCQUADYDIRECTOR
Trustee or director
1$0$8,250$0
JEANNE GOLLIHERDIRECTOR/ VICE CHAIR
Trustee or director, Officer
1$0$7,040$0
JEANNE SCHROERDIRECTOR/ SECRETARY
Trustee or director, Officer
1$0$7,040$0
DEBBIE WATTS- ROBINSONDIRECTOR
Trustee or director
1$0$6,325$0
KEVIN NOWAKDIRECTOR
Trustee or director
1$0$4,950$0
THOMAS LOOSOUTGOING DIR./TREASURER
Trustee or director, Officer
1$0$2,475$0
2 more people on this return
NameTitleHours / weekCompensationFrom related orgs
JOHN LEEOUTGOING DIRECTOR
Trustee or director
1$0$1,375
DENNIS GUESTOUTGOING DIRECTOR
Trustee or director
1$0$825
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CATHERINE CAWTHONCEO
Officer
5$0$691,567$285,607
JONATHAN WELTYPRESIDENT
Officer
30$0$633,361$235,544
JENNIFER MULLANEYCFO
Officer
5$0$604,096$230,650
NANCY L RODGERSSECRETARY
Officer
5$0$139,913$37,219
ANGELA MINGODIRECTOR /CHAIR
Trustee or director, Officer
1$0$17,490$0
THOMAS LOOSDIRECTOR/TREASURER
Trustee or director, Officer
0.5$0$14,520$0
JEANNE SCHROERDIRECTOR
Trustee or director
0.5$0$13,310$0
JEANNE GOLLIHERDIRECTOR/SECRETARY
Trustee or director, Officer
0.5$0$13,120$0
SUSAN E WEAVEROUTGOING DIRECTOR /VICE-CHAIR
Trustee or director, Officer
0.5$0$8,305$0
GRADY P APPLETONDIRECTOR
Trustee or director
0.5$0$8,250$0
JOHN LEEDIRECTOR
Trustee or director
0.5$0$8,250$0
RICHARD MCQUADYDIRECTOR
Trustee or director
0.5$0$8,250$0
DENNIS GUESTDIRECTOR
Trustee or director
0.5$0$4,950$0
HAROLD D KELLEROUTGOING DIRECTOR
Trustee or director
0.5$0$2,750$0
KEVIN NOWAKDIRECTOR
Trustee or director
0.5$0$2,475$0

Address and contacts

Address (IRS master file)
671 SOUTH HIGH STREET 600, COLUMBUS, OH 43206-1072
In care of
% JENNIFER MULLANEY
Principal officer (990 for 2024)
JENNIFER MULLANEY, 671 SOUTH HIGH STREET 600, COLUMBUS, OH 43206
Signed the 990
JENNIFER MULLANEY, CHIEF FINANCIAL OFFICER
Phone
(614) 224-8446
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

OHIO CAPITAL FINANCE CORPORATION PROVIDES FLEXIBLE FINANCING PRODUCTS AND UTILIZES PARTNERSHIPS FOR THE EXPANSION AND PRESERVATION OF AFFORABLE HOUSING TO ADVANCE COMMUNITY DEVELOPMENT WHILE ENSURING THAT ALL RESIDENTS REGARDLESS OF INCOME LIVE SATISFYING LIVES AND CONTRIBUTE TO THEIR COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • SEE SCHEDULE O
    Expenses $6,313,177 · grants $44,030 · revenue $9,938,254

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
01-0634942
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$236,927,165
Income (IRS master file)
$19,346,452

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$19,346,452$6,533,581$236,927,165IRS
990December 2023$11,231,940$4,087,135$167,509,154XML
990December 2022$18,182,307$4,619,114$134,549,482IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0634942).

Questions about OHIO CAPITAL FINANCE CORPORATION

What is the EIN of OHIO CAPITAL FINANCE CORPORATION?
The employer identification number (EIN) of OHIO CAPITAL FINANCE CORPORATION is 01-0634942.
Is OHIO CAPITAL FINANCE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to OHIO CAPITAL FINANCE CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OHIO CAPITAL FINANCE CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OHIO CAPITAL FINANCE CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OHIO CAPITAL FINANCE CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OHIO CAPITAL FINANCE CORPORATION?
The 990 for the year ended December 31, 2024 names JENNIFER MULLANEY.
Who are the officers and directors of OHIO CAPITAL FINANCE CORPORATION?
The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
How much revenue does OHIO CAPITAL FINANCE CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $19,346,452, expenses of $6,533,581 and total assets of $236,927,165 at year end.

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