NFP500

#238 of 500 · Trade, Professional & Labor

Jobsohio

EIN 45-2798687 · OH · NTEE J20 · Form 990, fiscal 2023

A private, nonprofit economic development corporation created to drive job creation and capital investment in Ohio through business attraction, retention and expansion. It provides companies with expertise, resources and financial assistance, working across targeted industry sectors and using strategies focused on sites, talent, innovation and inclusion. JobsOhio is funded entirely by profits from the JobsOhio Beverage System, the state's liquor enterprise it acquired in 2013, using no tax dollars.

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Financials, fiscal 2023

Revenue
$667.3M
Expenses
$584.4M
Total assets
$1.19B
Net assets
$713.1M
Operating margin
12.4%
1-year growth
126.9%
5-year growth (CAGR)
16.2%
Reserve (years of spending)
14.6
Contributions share
93.7%
Programme spending
2.3%
Fundraising cost
0.0%
Executive pay share
1.33%
Employees
180
Revenue per employee
$3.7M
Grants paid
$481.7M
Years filing
9

NFP Health Score: 73 / 100

Financial 50 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

JobsOhio drives job creation and capital investment in Ohio through business attraction, retention, and expansion.

Revenue history

YearRevenue
2019$366.3M
2020$282.7M
2021$296.2M
2022$294.2M
2023$667.3M