Jobsohio FY2021 filing

Not tax-deductible

Columbus, OH501(c)(4)Since 2011Employment EIN 45-2798687Revenue $296.2M in FY2021

On file with the IRSjobsohio.com41 S High St Ste 1500, 43215-6132 · Columbus, OHTax-exempt since Jun 2014

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To promote economic development, job creation, job retention, job training, workforce development, and the retention of current and recruitment of new business to ohio.

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
95¢ of each $1 spent went to programs.
$6.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $14.9M a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$6.4M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
7 mo
of spending, in cash
Plus $810.5M in investments, Pt X · Ln 11–13
Looks good: 7.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $255.0M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$223.8M
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$296.2M
+5% vs prior year
Spent
$299.9M
To programs
95%
Net assets
$775.2M
By yearFY2020–FY2025
Revenue
$296.2M
FY2021▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$282.7M
FY2021$296.2M
FY2022$294.2M
FY2023$667.3M
FY2024$301.4M
FY2025$313.5M
Expenses
$299.9M
FY2021▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$287.3M
FY2021$299.9M
FY2022$351.9M
FY2023$584.4M
FY2024$240.5M
FY2025$301.6M
Net assets
$775.2M
FY2021▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$790.6M
FY2021$775.2M
FY2022$609.1M
FY2023$713.1M
FY2024$817.3M
FY2025$883.1M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $284.7M Management & general 5% · $15.2M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

35 people listed on the 990; $6.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President & CIO
$522,478Pt VII · Sec A
VP, Head of Economic Dev.
$428,698Pt VII · Sec A
Chief Financial Officer-Treasurer
$348,756Pt VII · Sec A
Senior Managing Director (thru 7/20)
$343,327Pt VII · Sec A
Senior Managing Director
$312,940Pt VII · Sec A
VP, Strategy
$293,354Pt VII · Sec A
Managing Director
$281,839Pt VII · Sec A
Managing Director
$281,747Pt VII · Sec A

Jp Nauseef’s $756K as President & CIO is at the 79th percentile of top reported officer pay among 34 $100M+ employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jp Nauseef$755,807$709,424$688,757$611,854$522,478$274,403
Brian Faust—$262,871$556,513$439,187$348,756$118,223
Dana Saucier$490,537$494,015$484,548$455,485$428,698$434,118
Andrew Deye$454,151$337,949$329,094$306,876$293,354$270,616
John Minor—————$420,346
Renae Scott——$399,810$221,111$212,662$199,703
Kristi Tanner$368,928$343,680$337,283$338,626$312,940$359,763
Kristina Clouse$338,386$362,070$347,487$298,979$278,988$277,705

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes economic development in Ohio by attracting new businesses, supporting existing company expansions, and funding job creation and workforce training programs.

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Provided by the organization

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1 program · $284.7M · in their own filed words · FY2020
01

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 2021 as jobsohio promoted new economic development programs while…

$284.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$255.0M
Grants paid · 1,813 grants · $1.1B · 2019–2024
Honda Development & Manufacturing of America LLCFY2024$32,033,335
The Cleveland Clinic FoundationOH · FY2024$23,149,275
The Ohio State UniversityOH · FY2024$7,500,000
Medpace INCFY2024$7,449,234
Aer Lingus LimitedFY2024$6,280,101
First Solar INCFY2024$3,850,000
Schaeffler Transmission LLCFY2024$3,547,404
The Sherwin-Williams CompanyFY2024$3,442,022
Worldpay LLCFY2024$3,000,000
Metallus INCFY2024$2,500,000
Sheetz Distribution ServicesFY2024$2,000,000
Canon Healthcare USA INCFY2024$2,000,000
Givaudan Flavors CorporationFY2024$1,750,000
305 Prosperity Parkway LLCFY2024$1,600,000
Sarepta TherapeuticsFY2024$1,500,000
Miami UniversityOH · FY2024$1,500,000
Great American Life Insurance CompanyFY2024$1,500,000
Ardagh Metal Beverage USA INCFY2024$1,500,000
See all 1,813 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$296.2M
Ln 12
Gifts and grantsLn 1h$265.0M
Investment incomeLn 3$16.3M
Fees for servicesLn 2g$14.9M
Money outPt IX
$299.9M
Ln 25
Programscol B$284.7M
Managementcol C$15.2M
Owns and owesPt X
$775.2M
net assets · Ln 32
Cash and savingsLn 1–2$179.7M
Total assetsLn 16$999.1M
LiabilitiesLn 26$223.8M
PeoplePt VI, VII
35
listed · VII A
PaidVII A26
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$265.0M
Fees for servicesLn 2g$14.9M
Investment incomeLn 3$16.3M
Other incomeLn 4–11$2K
Total revenueLn 12$296.2M
Assets in detailPt X, end of year
SavingsLn 2$179.7M
Cash and savings togetherLn 1–2$179.7M
InvestmentsLn 11–13$810.5M
Land, buildings, equipmentLn 10c$1.8M
Other assetsLn 15$953K
Total assetsLn 16$999.1M
LiabilitiesLn 26$223.8M
Net assetsLn 32$775.2M
OperationsPt I, VI
EmployeesI 5214
VolunteersI 68
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$39.5M$179.7M
InvestmentsLn 11–13$861.4M$810.5M
Land, buildings, equipmentLn 10c$1.9M$1.8M
Total assetsLn 16$907.2M$999.1M
LiabilitiesLn 26$116.5M$223.8M
Net assetsLn 32$790.6M$775.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$210.0M$210.0M
Pay of current officers, directors and key staffLn 5$6.9M$4.9M$2.0M
Other salaries and wagesLn 7$9.1M$5.3M$3.7M
Pension plan contributionsLn 8$500K$321K$179K
Other employee benefitsLn 9$1.5M$935K$523K
Payroll taxesLn 10$982K$630K$352K
Legal feesLn 11b$670K$608K$62K
Accounting feesLn 11c$196K$196K
Investment management feesLn 11f$661K$661K
Other fees for servicesLn 11g$14.9M$14.4M$533K
Advertising and promotionLn 12$30.9M$30.9M
Office expensesLn 13$454K$454K
Information technologyLn 14$4.4M$4.4M
OccupancyLn 16$862K$862K
TravelLn 17$201K$201K
Travel and entertainment for public officialsLn 18$26$26
Conferences, conventions and meetingsLn 19$765K$723K$42K
Depreciation, depletion and amortizationLn 22$850K$850K
InsuranceLn 23$263K$263K
Other expenses (24a–d)Ln 24$15.5M$15.5M
All other expensesLn 24e$332K$227K$105K
Total functional expensesLn 25$299.9M$284.7M$15.2M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $313.5M$301.6M$11.8M$883.1M 990 PDF
FY2024 $301.4M$240.5M$60.8M$817.3M 990 PDF
FY2023 $667.3M$584.4M$82.9M$713.1M 990 PDF
FY2022 $294.2M$351.9M−$57.7M$609.1M 990 PDF
FY2021 Viewing $296.2M$299.9M−$3.7M$775.2M 990 PDF
FY2020 $282.7M$287.3M−$4.6M$790.6M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $296,203,025 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $255,000,000$265,000,000
I-9 Program service revenuePrior year $10,346,721$14,877,085
I-10 Investment incomePrior year $17,345,236$16,323,578
I-11 Other revenuePrior year $9,949$2,362
I-12 Total revenuePrior year $282,701,906$296,203,025
I-13 Grants and similar amounts paidPrior year $233,138,690$210,000,654
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $16,447,472$18,955,221
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $37,750,733$70,930,112
I-18 Total expensesPrior year $287,336,895$299,885,987
I-19 Revenue less expensesPrior year −$4,634,989−$3,682,962
Part VI · Governance 8 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $296,203,025 across 6 lines filed
VIII-1d Related organizations$265,000,000
VIII-1h Total contributions, gifts and grants$265,000,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $14,877,085$14,877,085
VIII-3 Investment incomeExcluded from tax $16,323,578$16,323,578
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,362$2,362
VIII-12 Total revenueRelated to mission $14,879,447 · Unrelated business $0 · Excluded from tax $16,323,578$296,203,025
Part IX · Statement of functional expenses $299,885,987 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $210,000,654$210,000,654
IX-5 Pay of current officers, directors and key staffPrograms $4,928,141 · Management $1,995,148$6,923,289
IX-7 Other salaries and wagesPrograms $5,346,341 · Management $3,744,714$9,091,055
IX-8 Pension plan contributionsPrograms $321,077 · Management $179,370$500,447
IX-9 Other employee benefitsPrograms $935,423 · Management $522,576$1,457,999
IX-10 Payroll taxesPrograms $630,308 · Management $352,123$982,431
IX-11b Legal feesPrograms $608,416 · Management $61,620$670,036
IX-11c Accounting feesManagement $195,621$195,621
IX-11f Investment management feesManagement $661,287$661,287
IX-11g Other fees for servicesPrograms $14,372,902 · Management $532,791$14,905,693
IX-12 Advertising and promotionPrograms $30,944,243$30,944,243
IX-13 Office expensesManagement $454,423$454,423
IX-14 Information technologyManagement $4,354,829$4,354,829
IX-16 OccupancyManagement $862,482$862,482
IX-17 TravelPrograms $200,511$200,511
IX-18 Travel and entertainment for public officialsPrograms $26$26
IX-19 Conferences, conventions and meetingsPrograms $722,695 · Management $41,864$764,559
IX-22 Depreciation, depletion and amortizationManagement $850,392$850,392
IX-23 InsuranceManagement $263,313$263,313
IX-24 Other expenses (24a–d)Programs $15,470,518$15,470,518
IX-24e All other expensesPrograms $226,964 · Management $105,215$332,179
IX-25 Total functional expensesPrograms $284,708,219 · Management $15,177,768 · Fundraising $0$299,885,987
Part X · Balance sheet $999,054,270 assets, 15 lines filed
X-2 Savings and temporary cash investmentsStart of year $39,490,597$179,722,899
X-4 Accounts receivableStart of year $2,777,626$4,710,451
X-9 Prepaid expenses and deferred chargesStart of year $1,343,136$1,442,547
X-10c Land, buildings and equipment, netStart of year $1,880,244$1,755,140
X-11 Publicly traded securitiesStart of year $724,121,161$661,748,338
X-12 Other securities$4,601,350
X-13 Program-related investmentsStart of year $137,238,010$144,109,835
X-14 Intangible assets$10,452
X-15 Other assetsStart of year $305,533$953,258
X-16 Total assetsStart of year $907,156,307$999,054,270
X-17 Accounts payable and accrued expensesStart of year $7,172,072$11,748,513
X-18 Grants payableStart of year $109,337,740$212,062,775
X-26 Total liabilitiesStart of year $116,509,812$223,811,288
X-32 Total net assets or fund balancesStart of year $790,646,495$775,242,982
X-33 Total liabilities and net assetsStart of year $907,156,307$999,054,270
Part XI · Reconciliation of net assets $775,242,982 net assets at year end
XI-1 Total revenue$296,203,025
XI-2 Total expenses$299,885,987
XI-3 Revenue less expenses−$3,682,962
XI-4 Net assets at start of year$790,646,495
XI-5 Net unrealized gains (losses) on investments−$11,720,551
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$775,242,982

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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