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.

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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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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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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