GREATER SANDUSKY PARTNERSHIP

EIN: 344346340

SANDUSKY, OH

Total Revenue
$2,315,961
Total Expenses
$2,027,036
Total Assets
$478,874
Net Assets
$455,962
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1915
Legal Domicile
OH
Principal Officer
ERIC WOBSER
Phone
4196256421
Tax Period
2024-01-01 to 2024-12-31

GREATER SANDUSKY PARTNERSHIP, founded in 1915, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 721% from the prior year, signaling strong growth momentum. Expenses of $2.0M left a modest 12% surplus.

Mission

TO IMPROVE THE REGION'S QUALITY OF LIFE AND ECONOMIC COMPETITIVENESS IN ORDER TO POSITION IT AS THE GREATEST DESTINATION ON THE GREAT LAKES TO LIVE, WORK, AND INVEST.

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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 $1,125,000
Program Service Revenue $345,976
Investment Income $3,781
Other Revenue $841,204
TOTAL REVENUE $2,315,961

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,139,119
Fundraising Expenses $0
Other Expenses $887,917
TOTAL EXPENSES $2,027,036

Year-over-Year Comparison

2024 2023 Change
Revenue $2,315,961 $282,025 +7.2%
Expenses $2,027,036 $433,632 +3.7%
Net Income $288,925 $-151,607 -2.9%
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
20
Independent Members
20
Employees
19
Volunteers
20

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
3
$180,000
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC WOBSER EXECUTIVE DI 40.00
Officer
$180,000 $0 $180,000
LEE ALEXAKOS BOARD MEMBER 1.50
Director
$0 $0 $0
LARRY FLETCHER BOARD MEMBER 1.50
Director
$0 $0 $0
RON GUERRA BOARD MEMBER 1.50
Director
$0 $0 $0
JUSTIN HARRIS BOARD MEMBER 1.50
Director
$0 $0 $0
TED KASTOR BOARD MEMBER 1.50
Director
$0 $0 $0
MATT KOSIOR BOARD MEMBER 1.50
Director
$0 $0 $0
ANDREW KURTZ BOARD MEMBER 1.50
Director
$0 $0 $0
KULA HOTY LYNCH BOARD MEMBER 1.50
Director
$0 $0 $0
MATT MASCHARI BOARD MEMBER 1.50
Director
$0 $0 $0
JASON MCCLURE BOARD MEMBER 1.50
Director
$0 $0 $0
DUFF MILKIE CHAIR 1.50
Officer Director
$0 $0 $0
BEN MONCHER BOARD MEMBER 1.50
Director
$0 $0 $0
ALLEN R NICKLES TREASURER 1.50
Officer Director
$0 $0 $0
SWATHI RAVICHANDRAN BOARD MEMBER 1.50
Director
$0 $0 $0
MICAH ROBERTS BOARD MEMBER 1.50
Director
$0 $0 $0
EUGENE SANDERS BOARD MEMBER 1.50
Director
$0 $0 $0
DENNIS SHAFFER BOARD MEMBER 1.50
Director
$0 $0 $0
BRIAN SHANLE BOARD MEMBER 1.50
Director
$0 $0 $0
JEREMY NORMINGTON SLAY BOARD MEMBER 1.50
Director
$0 $0 $0
NAOMI TWINE VICE CHAIR 1.50
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
2024 $2,315,961 $2,027,036 $478,874 $288,925
2023 $765,239 $814,235 $427,900 $-48,996
2023 $282,025 $433,632 $345,784 $-151,607
2022 $599,254 $332,513 $478,232 $266,741
2021 $203,905 $186,188 $191,070 $17,717
2020 $213,626 $193,589 $155,652 $20,037
2019 $240,804 $243,833 $149,386 $-3,029
2018 $296,754 $236,110 $161,645 $60,644
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