Form 990 for tax year 2024
Filed by STRATEGIC OHIO COUNCIL FOR HIGHER EDUCATION.
Totals
- Total revenue
- $8,567,136
- Total expenses
- $8,500,766
- Contributions and grants received
- $266,596
- Grants paid
- $0
- Program service revenue
- $8,062,616
- Investment income
- $213,052
- Other revenue
- $24,872
- Total assets, end of year
- $9,271,123
- Total liabilities, end of year
- $6,469,132
- Net assets or fund balances, end of year
- $2,801,991
- Program services expenses (Part IX)
- $7,058,591
- Management and general expenses
- $1,442,175
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $7,058,591
Program services were 83.0% 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.
-
1b · Membership dues
$148,500
-
1d · Related organizations
$118,096
-
2a · Program service revenue: DAGSI STUDENT RESEARCH
total $3,498,092 · related or exempt $3,498,092
-
2b · Program service revenue: INTERNSHIP PROGRAM
total $3,162,923 · related or exempt $3,162,923
-
2c · Program service revenue: ML STUDENT RESEARCH
total $900,732 · related or exempt $900,732
-
2d · Program service revenue: CIN-DAY CYBER
total $361,446 · related or exempt $361,446
-
2e · Program service revenue: WORKSHOP INCOME
total $139,423 · related or exempt $139,423
-
3 · Investment income
total $213,052 · excluded $213,052
-
11a · Other revenue: MISCELLANEOUS
total $24,872 · excluded $24,872
-
11e · Other revenue, total
$24,872
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $259,574 · program services $202,838 · management and general $56,736
-
7 · Other salaries and wages
total $4,191,419 · program services $3,558,355 · management and general $633,064
-
8 · Pension plan contributions
total $60,485 · management and general $60,485
-
9 · Other employee benefits
total $71,231 · management and general $71,231
-
10 · Payroll taxes
total $230,521 · management and general $230,521
-
11c · Fees: accounting
total $35,285 · management and general $35,285
-
11f · Fees: investment management
total $24,971 · management and general $24,971
-
11g · Fees: other
total $79,953 · management and general $79,953
-
12 · Advertising and promotion
total $54,561 · management and general $54,561
-
13 · Office expenses
total $211,323 · program services $178,419 · management and general $32,904
-
14 · Information technology
total $62,555 · management and general $62,555
-
16 · Occupancy
total $63,092 · program services $51,736 · management and general $11,356
-
17 · Travel
total $13,607 · program services $4,901 · management and general $8,706
-
19 · Conferences, conventions and meetings
total $33,998 · program services $6,673 · management and general $27,325
-
22 · Depreciation, depletion and amortization
total $2,406 · program services $1,973 · management and general $433
-
23 · Insurance
total $8,130 · management and general $8,130
-
24a · Other expenses: GRANT AND CONTRACT EXPE
total $3,022,412 · program services $3,022,412
-
24b · Other expenses: MEMBERSHIPS
total $23,231 · management and general $23,231
-
24c · Other expenses: STRATEGIC INITATIVES
total $23,200 · program services $19,024 · management and general $4,176
-
24d · Other expenses: TELEPHONE
total $10,147 · program services $8,320 · management and general $1,827
-
24e · All other expenses
total $18,665 · program services $3,940 · management and general $14,725
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,277,916 · end of year $3,135,167
-
2 · Savings and temporary cash investments
beginning of year $2,765 · end of year $172,981
-
4 · Accounts receivable
beginning of year $1,471,160 · end of year $2,073,795
-
9 · Prepaid expenses and deferred charges
beginning of year $168,383 · end of year $237,798
-
10a · Land, buildings and equipment: cost or other basis
$124,815
-
10b · Land, buildings and equipment: accumulated depreciation
$58,138
-
10c · Land, buildings and equipment, net
beginning of year $61,083 · end of year $66,677
-
11 · Investments: publicly traded securities
beginning of year $3,221,312 · end of year $3,377,014
-
15 · Other assets
beginning of year $266,934 · end of year $207,691
-
17 · Accounts payable and accrued expenses
beginning of year $756,765 · end of year $861,141
-
19 · Deferred revenue
beginning of year $4,975,948 · end of year $5,391,329
-
25 · Other liabilities
beginning of year $216,662 · end of year $216,662
-
27 · Net assets without donor restrictions
beginning of year $2,520,178 · end of year $2,801,991
Mission and programs · 2024
Mission
SOCHE IS THE LEADER FOR HIGHER COLLABORATION, ENGAGING WITH COLLEGES, UNIVERSITIES, AND INDUSTRY TO TRANSFORM THE ECONOMY THROUGH EDUCATION AND EMPLOYMENT.
Activities or mission (Part I)
SOCHE IS THE COLLABORATIVE INFRASTRUCTURE FOR HIGHER EDUCATION.
-
STUDENT RESEARCH - THE ORGANIZATION'S STUDENT INTERNSHIP PROGRAM PROVIDES SCIENCE AND ENGINEERING STUDENTS AT WRIGHT PATTERSON AIR FORCE BASE AND THE AIR FORCE INSTITUTE OF TECHNOLOGY AND STUDENTS OF ALL OCCUPATIONAL SPECIALTIES IN COMPANIES ACROSS THE REGION. STUDENTS BENEFIT BOTH ACADEMICALLY AND FINANCIALLY BY WORKING IN STATEOFTHEART LABORATORIES WITH TOP PROFESSIONALS. ADDITIONALLY, THEY CAN USE THIS EXPERIENCE FOR CAPSTONE PROJECTS, COOPERATIVE EDUCATION AND GRADUATE RESEARCH. THE AIR FORCE AND REGION RECEIVE THE BENEFIT OF STUDENTS WHO BRING ENERGY AND NEW IDEAS TO PROJECTS. THE ORGANIZATION CONTINUES TO EXPAND INTERNSHIPS IN INDUSTRY CLUSTERS IN THE REGION TO INCREASE ECONOMIC VITALITY BY SECURING A FUTURE WORK FORCE.
Expenses $6,979,828 · Revenue $7,923,193
-
EDUCATIONAL PROGRAMS - THE ORGANIZATION IS A CONSORTIUM OF LOCAL COLLEGES, UNIVERSITIES AND OTHER EDUCATION-RELATED ENTITIES WITH PROGRAMS DESIGNED TO ADVANCE HIGHER EDUCATION IN THE REGION. THE ORGANIZATION OFFERS SEVERAL PROFESSIONAL DEVELOPMENT CONFERENCES ANNUALLY ON TOPICS RELEVANT TO ITS MEMBERS. THE ORGANIZATION ALSO OFFERS CROSS REGISTRATION RESOURCES SO THAT STUDENTS FROM MEMBER INSTITUTIONS CAN BROADEN THEIR RANGE OF STUDY AND ACADEMIC EXPERIENCES BY ATTENDING COURSES OFFERED BY OTHER MEMBER INSTITUTIONS. THE ORGANIZATION ALSO PROVIDES MEMBERS WITH ACCESS TO WRIGHT PATTERSON AIR FORCE BASE BY SERVING AS A CLEARINGHOUSE FOR INFORMATION AND OFFERING ACADEMIC ADVISORY ASSISTANCE TO THE BASE'S EMPLOYEES AND THEIR FAMILIES.
Expenses $78,763 · Revenue $139,423
As filed on the 2024 return.
Listed in Part VII
-
Cassie BarlowCASSIE BARLOW
PRESIDENT
- Total calculated
- $259,574
- From this org
- $234,230
- From related orgs
- $0
- Other
- $25,344
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $234,230
- Bonus
- $0
- Other
- $0
- Deferred
- $23,490
- Nontaxable benefits
- $1,854
- Filer's total
- $259,574
-
Derek BarkerDEREK BARKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nate BrandstaterNATE BRANDSTATER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Corey CockerillCOREY COCKERILL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David DeckerDAVID DECKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ande DurojaiyeANDE DUROJAIYE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jane FernandesJANE FERNANDES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bill GrovesBILL GROVES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly InmanKIMBERLY INMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Steven JohnsonSTEVEN JOHNSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Walter JonesWALTER JONES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Vann NewkirkVANN NEWKIRK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Neville PintoNEVILLE PINTO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Monica PoseyMONICA POSEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Heidi RiesHEIDI RIES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chris SpradlinCHRIS SPRADLIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lori Stewart GonzalezLORI STEWART GONZALEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher WashingtonCHRISTOPHER WASHINGTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas WhiteTHOMAS WHITE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Eric SpinaERIC SPINA
TRUSTEE - CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jo Alice BlondinJO ALICE BLONDIN
TRUSTEE - VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Nicole RoadesNICOLE ROADES
TRUSTEE - TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Michael FrandsenMICHAEL FRANDSEN
TRUSTEE - PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Susan EdwardsSUSAN EDWARDS
TRUSTEE - MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Morakinyo KutiMORAKINYO KUTI
TRUSTEE - MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 1
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 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 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 3
- THE BOARD OF TRUSTEES UTILIZES LOCAL MARKET KNOWLEDGE, ORGANIZATIONAL ACCOMPLISHMENTS AND ANNUAL PERFORMANCE REVIEW DATA TO EVALUATE AND ADJUST THE COMPENSATION OF THE EXECUTIVE DIRECTOR.
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
No itemized grants to organizations on this return.
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.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
SREC INC
C · SCIENTIFIC RESEARCH · OH · 100% owned · share of assets $51,247 · controlled entity
Directly controlled by STRATEGIC OHIO COUNCIL FOR HIGHER EDUCATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 26 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601109349300790
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