Southwest Ohio Region Workforce Investment Board

EIN: 300252370 501(c)(3) Employment

Cincinnati, OH

Total Revenue
$2,008,962
Total Expenses
$1,926,275
Total Assets
$1,345,373
Net Assets
$1,209,640
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
OH
Phone
5136123681
Tax Period
2024-07-01 to 2025-06-30

Southwest Ohio Region Workforce Investment Board, founded in 2004, is a community nonprofit in the Employment sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 100% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 4% surplus.

Mission

Dedicated to providing employers with a prepared workforce by connecting job-seeking customers to opportunities that build their career readinesss, thereby contributing to the growth of our community and region.

Program Service Accomplishments

Program 1
Expenses: $356,410 Revenue: $0

One Stop Operations: Using federal grant funds from the Workforce Innovation and Opportunity Act (WIOA) of 2014 (which replaced the previous Workforce Investment Act of 1998), the Organization...

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One Stop Operations: Using federal grant funds from the Workforce Innovation and Opportunity Act (WIOA) of 2014 (which replaced the previous Workforce Investment Act of 1998), the Organization provides oversight for Ohio Means Jobs (OMJ), the one-stop center exists to help local job seekers obtain necessary skills to secure employment and assist local businesses in finding employees with the skill set they need. The area received a standard federal allocation based on state of Ohios allocation policy and served 6,856 individuals through the OMJ Center and its network of partners. These outcomes also include 289 individuals provided with grant funds for in-demand career training programs. Results also include 81% of adults/dislocated workers obtaining employment and 1,541 employers served.

Program 2
Expenses: $64,563 Revenue: $0

Youth: This program uses funds in a statewide, integrated program called Comprehensive Case Management and Employment Program (CCMEP). CCMEP leverages transitional assistance for needy families...

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Youth: This program uses funds in a statewide, integrated program called Comprehensive Case Management and Employment Program (CCMEP). CCMEP leverages transitional assistance for needy families (TANF) and WIOA funding to serve 14-24 year old youth with comprehensive employment, education, and training services, to improve their work readiness and college readiness capabilities, as well as providing treatment and case management for a variety of impediments to their workforce success. Services are provided by three organizations - two for out-of-school youth and one for in-school youth. Combined, these TANF and WIOA programs serviced over 2,109 youth/young adults with 626 obtaining employment.

Program 3
Expenses: $458,431 Revenue: $0

Adult/Special Grants/Administration/Dislocated Workers/Employer Services: In this fiscal year, the Organization was awarded a grant to assist with breaking down barriers for residents such as...

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Adult/Special Grants/Administration/Dislocated Workers/Employer Services: In this fiscal year, the Organization was awarded a grant to assist with breaking down barriers for residents such as transportation and language. In addition, the Organization assisted with applying with other entities and/or providing letters of support, to bring additional resources into the Cincinnati/Hamilton County service area.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,976,872
Program Service Revenue $0
Investment Income $30,590
Other Revenue $1,500
TOTAL REVENUE $2,008,962

Expense Breakdown

Grants Paid $0
Salaries & Benefits $555,889
Fundraising Expenses $0
Program Expenses $1,670,739
Other Expenses $1,370,386
TOTAL EXPENSES $1,926,275

Year-over-Year Comparison

2024 2023 Change
Revenue $2,008,962 $1,002,458 +1.0%
Expenses $1,926,275 $995,765 +0.9%
Net Income $82,687 $6,693 +11.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
47
Independent Members
47
Employees
6
Volunteers
119

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$138,387
Total Directors
47
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Beth Yoke Executive Director 40.00
Officer
$124,970 $13,417 $138,387
Nick Milazzo Chair 2024 2.00
Officer Director
$0 $0 $0
Natasha Chestnut Chair - Elect 2024 2.00
Officer Director
$0 $0 $0
Andrew Crum Treasurer 2.00
Officer Director
$0 $0 $0
DeJuan Gossett Vice Chair 2.00
Officer Director
$0 $0 $0
Myron Hughes Vice Chair 2.00
Officer Director
$0 $0 $0
Rene McPhedran Secretary 2.00
Officer Director
$0 $0 $0
Asha Parker Vice Chair 2024 2.00
Officer Director
$0 $0 $0
Timothy Thornton Vice Chair 2024 2.00
Officer Director
$0 $0 $0
Uche Agomuo Board Member 1.00
Director
$0 $0 $0
Hope Arthur Board Member 1.00
Director
$0 $0 $0
Michael Beck Board Member 1.00
Director
$0 $0 $0
Heath Boucher Board Member 1.00
Director
$0 $0 $0
Paula Brehm-Heeger Board Member 1.00
Director
$0 $0 $0
Markiea Carter Board Member 1.00
Director
$0 $0 $0
Leo Chan Board Member 1.00
Director
$0 $0 $0
Chad Day Board Member 1.00
Director
$0 $0 $0
Renee Dean Board Member 1.00
Director
$0 $0 $0
Mark Dierig Board Member 1.00
Director
$0 $0 $0
Keizayla Fambro Board Member 1.00
Director
$0 $0 $0
Catherine Fitzgerald Board Member 1.00
Director
$0 $0 $0
Margaret Fox Board Member 1.00
Director
$0 $0 $0
Chris Fridel Board Member 1.00
Director
$0 $0 $0
Shanel Gentry Board Member 1.00
Director
$0 $0 $0
Brian Griffin Board Member 1.00
Director
$0 $0 $0
Jesse Grissom Board Member 1.00
Director
$0 $0 $0
Rodney Hardin Board Member 1.00
Director
$0 $0 $0
Zach Kiffmeyer Board Member 1.00
Director
$0 $0 $0
Deval Motka Board Member 1.00
Director
$0 $0 $0
Shwetha Pai Board Member 1.00
Director
$0 $0 $0
Michael Prus Board Member 1.00
Director
$0 $0 $0
Eric Rademacher Board Member 1.00
Director
$0 $0 $0
Jennifer Roeder Board Member 1.00
Director
$0 $0 $0
Trisha Rogers-Lowery Board Member 1.00
Director
$0 $0 $0
Jesse Simmons Board Member 1.00
Director
$0 $0 $0
Uma Sivaprasad Board Member 1.00
Director
$0 $0 $0
Diana Small Board Member 1.00
Director
$0 $0 $0
Harry Snyder Board Member 1.00
Director
$0 $0 $0
Carol Sorenson-Williams Board Member 1.00
Director
$0 $0 $0
Nathan Strange Board Member 1.00
Director
$0 $0 $0
Stephanie Sumerow Dumas Board Member 1.00
Director
$0 $0 $0
John Thomas Board Member 1.00
Director
$0 $0 $0
Rochelle Thompson Board Member 1.00
Director
$0 $0 $0
Michael Turner Board Member 1.00
Director
$0 $0 $0
Jordan Vogel Board Member 1.00
Director
$0 $0 $0
Amy Waldbillig Board Member 1.00
Director
$0 $0 $0
Rhonda Whitaker-Hurtt Board Member 1.00
Director
$0 $0 $0
Bryan Wright Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,008,962 $1,926,275 $1,345,373 $82,687
2024 $1,002,458 $995,765 $1,196,831 $6,693
2024 $1,002,458 $995,765 $1,196,831 $6,693
2023 $987,211 $885,668 $1,171,081 $101,543
2022 $702,373 $704,807 $1,083,537 $-2,434
2021 $658,797 $682,414 $1,062,720 $-23,617
2020 $748,777 $759,174 $1,123,023 $-10,397
2019 $813,630 $796,841 $1,176,268 $16,789
2018 $889,284 $908,962 $1,282,697 $-19,678
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