OGLEBAY FOUNDATION PROPERTIES INC

EIN: 311521015

WHEELING, WV

Total Revenue
$1,579,207
Total Expenses
N/A
Total Assets
$5,366,582
Net Assets
$5,366,582
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
WV
Principal Officer
ERIKS JANELSINS
Phone
3042434166
Tax Period
2023-01-01 to 2023-12-31

OGLEBAY FOUNDATION PROPERTIES INC, founded in 1997, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 232% from the prior year, signaling strong growth momentum.

Mission

MAINTAIN AND DEVELOP OGLEBAY AND WHEELING PARK

Program Service Accomplishments

Program 1
Revenue: $1,579,207

PROMOTE THE DEVELOPMENT, MAINTENANCE AND IMPROVEMENT OF OGLEBAY AND WHEELING PARKS IN OHIO COUNTY, WV FOR THE BENEFIT AND SOCIAL WELFARE OF THE CITIZENS OF OHIO COUNTY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $1,579,207
TOTAL REVENUE $1,579,207

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $1,579,207 $475,396 +2.3%
Expenses N/A N/A N/A
Net Income N/A $475,396 N/A
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
16
Independent Members
16
Employees
N/A
Volunteers
N/A

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
4
$202,392
Total Directors
18
$202,392
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA ALLEN CHAIR 0.00
Officer Director
$0 $0 $0
CHAD H REMP VICE CHAIR 0.00
Officer Director
$0 $0 $0
CARTER A KENAMOND SECRETARY/TREASURER 0.00
Officer Director
$0 $0 $0
D LYN DOTSON DIRECTOR 0.00
Director
$0 $0 $0
JOSEPH EDDY DIRECTOR 0.00
Director
$0 $0 $0
EUGENE FAHEY DIRECTOR 0.00
Director
$0 $0 $0
SUE SEIBERT FARNSWORTH DIRECTOR 0.00
Director
$0 $0 $0
CHRIS FREEMAN DIRECTOR 0.00
Director
$0 $0 $0
SUZANNE ROHRIG GAISER DIRECTOR 0.00
Director
$0 $0 $0
MR WILBUR S JONES JR DIRECTOR 0.00
Director
$0 $0 $0
DAVID H MCKINLEY DIRECTOR 0.00
Director
$0 $0 $0
R GREGORY MCDERMOTT DIRECTOR 0.00
Director
$0 $0 $0
CHERYL DEAN RILEY DIRECTOR 0.00
Director
$0 $0 $0
JUSTIN B SEIBERT DIRECTOR 0.00
Director
$0 $0 $0
JOAN STAMP DIRECTOR 0.00
Director
$0 $0 $0
DAVID M WEAVER DIRECTOR 0.00
Director
$0 $0 $0
ERIKS JANELSINS PRESIDENT & CEO 1.00
Officer Director
$0 $0 $202,392
G RANDOLPH WORLS CHAIRMAN EMERITUS 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 No data No data No data No data
2024 No data No data No data No data
2023 $1,579,207 No data $5,366,582 No data
2022 $475,396 No data $3,575,206 No data
2021 $287,539 No data $3,323,885 No data
2020 $279,672 $390,711 $3,131,867 $-111,039
2019 $201,106 $466,011 $3,242,906 $-264,905
2018 $280,906 $464,768 $3,507,811 $-183,862
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