Ohio Chamber of Commerce

Nonprofit profile at a glance

EIN
314357206
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Columbus, OH, USA
Phone
6142284201
Rating confidence
Limited

Official website

Reported finances

Revenue
$11,101,187
Expenses
$12,440,812
Assets
$34,758,524
Liabilities
$12,212,020

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

115 people listed

Executive titles in this filing

  • STEVE STIVERS (PRESIDENT / CEO)
  • JUSTIN ZINK (SENIOR VICE PRESIDENT)
  • ENRICO CARFAGANA (VICE PRESIDENT)
  • SCOTT COLBY (EXECUTIVE DIRECTOR)
  • DANIEL MARTIN (VICE PRESIDENT - OCIA)
  • ADAM RAPIEN (VICE PRESIDENT - POLITICAL ENGAGEMENT)

Highest reported compensation

  • STEVE STIVERS (PRESIDENT / CEO): $965,142 total reported compensation
  • JUSTIN ZINK (SENIOR VICE PRESIDENT): $479,717 total reported compensation
  • ENRICO CARFAGANA (VICE PRESIDENT): $348,747 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As the state's leading business advocate and resource, the Ohio chamber of commerce aggressively champions free enterprise, economic competitiveness and growth for the benefit of all ohioans.

What it reported doing in 2024

Advocacy & policy - the Ohio chamber of commerces works to represent the interests of Ohio businesses in state and federal decision-making. We monitor and respond to proposed legislation, maintain legislative priorities, issue regular updates, provide tools such as bill tracking and engage members in policy committees. Additional components include the Ohio chamber action network, which offers members political engagement, briefings and behind-the scenes updates to employ them in lobbying and policy influence.

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 30
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 6th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 94.1%; rating input score 94; 23rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -12.1%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 2.79; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.35; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 30.7%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 19.9% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 2.9% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 104 of 104 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $965K · 115 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.2M reported
  • Consistency: 14 of 15 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 13 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 8/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.