Skip to content
Nonprofiteer
← OHIO CAPITAL CORPORATION FOR HOUSING

Form 990 for tax year 2024

Filed by OHIO CAPITAL CORPORATION FOR HOUSING.

Totals

Total revenue
$44,517,215
Total expenses
$30,564,870
Contributions and grants received
$144,130
Grants paid
$4,089,746
Program service revenue
$42,298,677
Investment income
$2,074,408
Other revenue
$0
Total assets, end of year
$209,956,190
Total liabilities, end of year
$42,005,919
Net assets or fund balances, end of year
$167,950,271
Program services expenses (Part IX)
$24,977,823
Management and general expenses
$5,587,047
Fundraising expenses
$0
Program service expenses (Part III)
$24,977,823

Program services were 81.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $44,030

  • 1e · Government grants (contributions)

    $100,000

  • 1f · All other contributions, gifts and grants

    $100

  • 2a · Program service revenue: ACQUISITION FEE

    total $14,577,748 · related or exempt $14,577,748

  • 2b · Program service revenue: FLOW-THROUGH GAIN FROM INVESTMENT

    total $13,191,123 · related or exempt $13,194,337 · unrelated business -$3,214

  • 2c · Program service revenue: MANAGEMENT FEE

    total $9,181,307 · related or exempt $9,181,307

  • 2d · Program service revenue: OTHER FEES

    total $5,205,295 · related or exempt $5,205,295

  • 2e · Program service revenue: IMPACT FEE

    total $143,204 · related or exempt $143,204

  • 3 · Investment income

    total $2,074,408 · excluded $2,074,408

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,089,746 · program services $4,089,746

  • 5 · Compensation of officers, directors and key employees

    total $7,018,890 · program services $5,488,929 · management and general $1,529,961

  • 7 · Other salaries and wages

    total $11,833,688 · program services $9,130,927 · management and general $2,702,761

  • 8 · Pension plan contributions

    total $399,102 · program services $322,846 · management and general $76,256

  • 9 · Other employee benefits

    total $1,548,693 · program services $1,252,788 · management and general $295,905

  • 10 · Payroll taxes

    total $1,004,674 · program services $762,957 · management and general $241,717

  • 11b · Fees: legal

    total $93,695 · program services $76,039 · management and general $17,656

  • 11c · Fees: accounting

    total $231,410 · program services $187,442 · management and general $43,968

  • 11g · Fees: other

    total $685,556 · program services $610,655 · management and general $74,901

  • 12 · Advertising and promotion

    total $40,949 · program services $26,631 · management and general $14,318

  • 13 · Office expenses

    total $161,126 · program services $88,198 · management and general $72,928

  • 14 · Information technology

    total $306,343 · program services $226,871 · management and general $79,472

  • 16 · Occupancy

    total $362,730 · program services $302,385 · management and general $60,345

  • 17 · Travel

    total $558,743 · program services $473,484 · management and general $85,259

  • 19 · Conferences, conventions and meetings

    total $866,383 · program services $861,478 · management and general $4,905

  • 20 · Interest

    total $46,020 · program services $46,020

  • 22 · Depreciation, depletion and amortization

    total $269,634 · program services $253,854 · management and general $15,780

  • 24a · Other expenses: MEMBERSHIP DUES AND SUB

    total $317,769 · program services $247,566 · management and general $70,203

  • 24b · Other expenses: TAXES AND INSURANCE

    total $297,282 · program services $161,679 · management and general $135,603

  • 24c · Other expenses: BUSINESS MEETINGS

    total $155,309 · program services $155,309

  • 24d · Other expenses: OPERATING AND MAINTENAN

    total $99,590 · program services $98,870 · management and general $720

  • 24e · All other expenses

    total $177,538 · program services $113,149 · management and general $64,389

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $85,646,938 · end of year $76,361,674

  • 4 · Accounts receivable

    beginning of year $7,929,956 · end of year $25,094,699

  • 7 · Other notes and loans receivable

    beginning of year $550,000 · end of year $550,000

  • 8 · Inventories for sale or use

    beginning of year $75,623 · end of year $50,938

  • 9 · Prepaid expenses and deferred charges

    beginning of year $287,010 · end of year $290,582

  • 10a · Land, buildings and equipment: cost or other basis

    $7,277,661

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,864,556

  • 10c · Land, buildings and equipment, net

    beginning of year $2,515,227 · end of year $4,413,105

  • 13 · Investments: program-related

    beginning of year $89,975,709 · end of year $103,164,105

  • 14 · Intangible assets

    beginning of year $334,349 · end of year $31,087

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,203,114 · end of year $10,238,347

  • 19 · Deferred revenue

    beginning of year $16,238,117 · end of year $15,642,305

  • 21 · Escrow or custodial account liability

    beginning of year $7,456,370 · end of year $1,707,424

  • 23 · Secured mortgages and notes payable

    beginning of year $563,299 · end of year $13,562,199

  • 25 · Other liabilities

    beginning of year $1,193,767 · end of year $855,644

  • 27 · Net assets without donor restrictions

    beginning of year $153,660,145 · end of year $167,950,271

Mission and programs · 2024

Mission

ADVANCE THE PRESERVATION, PRODUCTION AND MANAGEMENT OF AFFORDABLE HOUSING THROUGH COLLABORATIVE PARTNERSHIP AND INNOVATIVE THOUGHT LEADERSHIP.

  • SEE SCHEDULE O.

    Expenses $24,977,823 · Grants $4,089,746 · Revenue $42,301,891

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Andrew Tanner

    DIRECTOR / TREASURER

    Total calculated
    $8,965
    From this org
    $8,965
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1.5 related

  • Angela Mingo

    DIRECTOR / CHAIR

    Total calculated
    $10,560
    From this org
    $10,560
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1.5 related

  • Debbie Watts-Robinson

    DIRECTOR

    Total calculated
    $6,325
    From this org
    $6,325
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1.5 related

  • Dennis Guest

    OUTGOING DIRECTOR

    Total calculated
    $825
    From this org
    $825
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1.5 related

  • Grandy Appleton

    DIRECTOR

    Total calculated
    $8,250
    From this org
    $8,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1.5 related

  • Jeanne Golliher

    DIRECTOR/ VICE CHAIR

    Total calculated
    $7,040
    From this org
    $7,040
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1.5 related

  • Jeanne Schroer

    DIRECTOR/ SECRETARY

    Total calculated
    $7,040
    From this org
    $7,040
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1.5 related

  • John Lee

    OUTGOING DIRECTOR

    Total calculated
    $1,375
    From this org
    $1,375
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1.5 related

  • Kevin Nowak

    DIRECTOR

    Total calculated
    $4,960
    From this org
    $4,960
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1.5 related

  • Richard McQuady

    DIRECTOR

    Total calculated
    $8,250
    From this org
    $8,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1.5 related

  • Thomas Loos

    OUTGOING DIRECTOR / TREASURER

    Total calculated
    $2,475
    From this org
    $2,475
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1.5 related

  • Catherine Cawthon

    PRESIDENT

    Total calculated
    $1,235,117
    From this org
    $932,531
    From related orgs
    $0
    Other
    $302,586
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $309,300
    Bonus
    $310,000
    Other
    $313,231
    Deferred
    $270,450
    Nontaxable benefits
    $32,136
    Filer's total
    $1,235,117

  • Jennifer Mullaney

    CHIEF FINANCIAL OFFICER

    Total calculated
    $856,096
    From this org
    $613,321
    From related orgs
    $0
    Other
    $242,775
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $265,849
    Bonus
    $184,958
    Other
    $162,514
    Deferred
    $211,388
    Nontaxable benefits
    $31,387
    Filer's total
    $856,096

  • John Hartranft

    EVP - RISK

    Total calculated
    $839,523
    From this org
    $584,091
    From related orgs
    $0
    Other
    $255,432
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $250,196
    Bonus
    $171,255
    Other
    $162,640
    Deferred
    $206,794
    Nontaxable benefits
    $48,638
    Filer's total
    $839,523

  • Anthony Diblasi

    EVP ASSET MGMT AND OPERATIONS

    Total calculated
    $915,631
    From this org
    $646,683
    From related orgs
    $0
    Other
    $268,948
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $272,792
    Bonus
    $187,235
    Other
    $186,656
    Deferred
    $220,710
    Nontaxable benefits
    $48,238
    Filer's total
    $915,631

  • Jeff Beam

    EVP DEVELOPMENT

    Total calculated
    $471,644
    From this org
    $333,587
    From related orgs
    $0
    Other
    $138,057
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $249,801
    Bonus
    $79,733
    Other
    $4,053
    Deferred
    $91,724
    Nontaxable benefits
    $46,333
    Filer's total
    $471,644

  • Jonathan D Welty

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $912,516
    From this org
    $647,758
    From related orgs
    $0
    Other
    $264,758
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $254,651
    Bonus
    $211,313
    Other
    $181,794
    Deferred
    $220,575
    Nontaxable benefits
    $44,183
    Filer's total
    $912,516

  • Marcus Vivona

    SVP, ASSET MANAGEMENT

    Total calculated
    $711,208
    From this org
    $474,365
    From related orgs
    $0
    Other
    $236,843
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $254,701
    Bonus
    $132,724
    Other
    $86,940
    Deferred
    $190,110
    Nontaxable benefits
    $46,733
    Filer's total
    $711,208

  • Mary Ann Lang

    EVP CAPITAL MARKETS

    Total calculated
    $616,394
    From this org
    $449,621
    From related orgs
    $0
    Other
    $166,773
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $268,610
    Bonus
    $180,855
    Other
    $156
    Deferred
    $130,647
    Nontaxable benefits
    $36,126
    Filer's total
    $616,394

  • Brian Langmeyer

    EVP - DEVELOPMENT (UNTIL 3/1/24)

    Total calculated
    $460,761
    From this org
    $378,007
    From related orgs
    $0
    Other
    $82,754
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $50,040
    Bonus
    $141,750
    Other
    $186,217
    Deferred
    $55,191
    Nontaxable benefits
    $27,563
    Filer's total
    $460,761

  • Annie Ross

    SENIOR VP OF DEVELOPMENT

    Total calculated
    $538,216
    From this org
    $369,736
    From related orgs
    $0
    Other
    $168,480
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,554
    Bonus
    $108,930
    Other
    $86,252
    Deferred
    $142,944
    Nontaxable benefits
    $25,536
    Filer's total
    $538,216

  • Eric Klipfer

    SENIOR VP - CAPITAL MARKET

    Total calculated
    $463,285
    From this org
    $381,305
    From related orgs
    $0
    Other
    $81,980
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,905
    Bonus
    $125,465
    Other
    $18,935
    Deferred
    $54,284
    Nontaxable benefits
    $27,696
    Filer's total
    $463,285

  • Joyce Perry

    SENIOR VP - HUMAN RESOURCES

    Total calculated
    $312,832
    From this org
    $257,927
    From related orgs
    $0
    Other
    $54,905
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,550
    Bonus
    $69,468
    Other
    $6,909
    Deferred
    $38,490
    Nontaxable benefits
    $16,415
    Filer's total
    $312,832

  • Kevin Lewis

    DIR. OF CONSTRUCTION MANAGEMENT

    Total calculated
    $352,617
    From this org
    $273,718
    From related orgs
    $0
    Other
    $78,899
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,384
    Bonus
    $106,161
    Other
    $10,173
    Deferred
    $42,695
    Nontaxable benefits
    $36,204
    Filer's total
    $352,617

  • Sam Merkle

    SENIOR VP - DIR. OF ASSET MGMT

    Total calculated
    $385,461
    From this org
    $287,812
    From related orgs
    $0
    Other
    $97,649
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,296
    Bonus
    $59,845
    Other
    $671
    Deferred
    $49,511
    Nontaxable benefits
    $48,138
    Filer's total
    $385,461

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 6a · Pay contingent on this organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
AMOUNTS RECEIVED FROM A NONQUALIFIED PLAN IN 2024: ANNIE ROSS $73,580 JONATHAN D. WELTY $151,728 ANTHONY DIBLASI $153,983 MARCUS VIVONA $81,485 CATHERINE CAWTHON $225,024 JOHN HARTRANFT $141,527 JENNIFER MULLANEY $140,830
PART I, LINE 6
EMPLOYEES RECEIVED BONUSES BASED ON THE ORGANIZATIONS PERFORMANCE FOR THE YEAR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • COMMUNITY PROPERTIES OF OH MGMT SERVICES

    PROPERTY MGMT · OH · income $1,659,749 · assets $4,200,358

    Directly controlled by OCCH

  • COMMUNITY PROPERTIES OF OHIO DEVELOPMENT

    LOW INC HSING · OH · income $12,804 · assets $1,412,723

    Directly controlled by OCCH

  • OHIO HOMEOWNER ASSISTANCE II LLC

    SERVICE PROVIDER · OH · income $96,000 · assets $1,593,138

    Directly controlled by OCCH

  • CAPITAL CITY HOLDINGS

    REAL ESTATE · OH · income $0 · assets $10,700

    Directly controlled by OCCH

  • OEF AFFORDABLE HOUSING DC LLC

    LOW INC HSING · OH · income $0 · assets $43

    Directly controlled by OCCH

  • IRVIN COBB PARTICIPANT LLC

    LOW INC HSING · OH · income $0 · assets $0

    Directly controlled by OCCH

  • OAKWOOD TOWNHOMES LLC

    RENT REAL ESTATE · OH · income $633,101 · assets $1,499,136

    Directly controlled by OCCH

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • HORIZON HOUSE APARTMENTS LLC

    RELATED · RENT REAL ESTATE · OH · 0.1% owned · share of income $716,910 · share of assets $4,978,470 · general or managing partner

    Directly controlled by HH APART INC

  • CPO III LLC

    RELATED · RENT REAL ESTATE · OH · 13% owned · share of income $15,039 · share of assets $90,753 · general or managing partner

    Directly controlled by CPAH

  • NETWORK RESTORATION II LLC

    RELATED · RENT REAL ESTATE · OH · 0.03% owned · share of income $1,597,315 · share of assets $6,107,037 · general or managing partner

    Directly controlled by CPAH

  • NETWORK RESTORATION III LLC

    RELATED · RENT REAL ESTATE · OH · 0.03% owned · share of income $1,805,634 · share of assets $9,011,599 · general or managing partner

    Directly controlled by CPAH

  • CPR II LLC

    RELATED · RENT REAL ESTATE · OH · 0.1% owned · share of income $4,927,077 · share of assets $21,946,903 · general or managing partner

    Directly controlled by CPAH

  • COLUMBUS SCHOLAR HOUSE I LLC

    RELATED · RENT REAL ESTATE · OH · 0.05% owned · share of income $501,906 · share of assets $6,009,767 · general or managing partner

    Directly controlled by CPO DEVELOPMENT

  • IRVIN COBB LIMITED PARTNERSHIP

    RELATED · RENT REAL ESTATE · OH · 0.1% owned · share of income $1,055,876 · share of assets $12,760,366 · general or managing partner

    Directly controlled by OEF AFFORDABLE HOUSING

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • OHIO EQUITY FUND INC

    C · REAL ESTATE · OH · 100% owned · share of income $1,024 · share of assets $136,187,440 · controlled entity

    Directly controlled by OCCH

  • AHD INC

    C · REAL ESTATE · OH · 100% owned · share of assets $48,514,400 · controlled entity

    Directly controlled by OCCH

  • COMMUNITY PARTNERS FOR AFFORDABLE HOUSING

    S · REAL ESTATE · OH · 75% owned · share of assets $912,801 · controlled entity

    Directly controlled by OCCH

  • HORIZON HOUSE APARTMENTS INC

    C · REAL ESTATE · OH · 100% owned · controlled entity

    Directly controlled by CPO DEVELOPMENT

  • COLUMBUS SCHOLAR HOUSE INC

    C · REAL ESTATE · OH · 100% owned · controlled entity

    Directly controlled by CPO DEVELOPMENT

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202533189349307758

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.