Sign Up

OEDA Finances

OEDA’s financial operations are guided by a commitment to transparency, accountability, and sound fiscal management. Established as a 501(c)(6) nonprofit organization by IRS determination in 2006, OEDA adheres to all regulatory requirements, including the annual filing of Form 990, which is publicly available for review. Financial oversight is provided by the Finance Committee, chaired by the Treasurer, which ensures alignment with the organization’s mission and strategic goals. The committee oversees the preparation and monitoring of OEDA’s annual budget and reviews fiscal policies to ensure best practices in financial stewardship. This rigorous approach to financial management supports OEDA’s sustainability and its ability to advance economic development initiatives across Ohio.

FINANCE COMMITTEE
FINANCIAL DOCUMENTS

Finance Committee

The Finance Committee oversees OEDA’s financial operations, ensuring transparency, accountability, and alignment with the organization’s strategic goals. Chaired by the Treasurer and supported by members of the Board of Directors, the committee is responsible for developing and reviewing fiscal policies, preparing and monitoring budgets, and ensuring sound financial practices. The Finance Committee plays a critical role in maintaining the financial health and sustainability of OEDA, enabling the organization to effectively support economic development efforts across Ohio.

Finance Committee

Maribeth-Burns-600

Maribeth Burns

Treasurer & Committee Chair
President
Wayne Economic Development Council
Wooster, OH

DSC08725-2-1-1

Glenda Bumgarner, Ph.D

Member
President & CEO
Appalachian Partnership, Inc. & Affiliates
Logan, OH

Nathan-Cahall-600

Nathan Cahall

Member
Assistant City Manager, City of Middletown, OH
Executive Director, City of Middletown Port Authority
(2024-2025)

Renee-Ligon-600

Renee Ligon

Member
Managing Director of Partnerships & Engagement
Team NEO
Cleveland, OH

Thomas-Winston-1000

Thomas Winston

Chair of the Board
President
Toledo/Lucas County Port Authority
Toledo, OH

David_Partnership-2025-Square-1000

David Zak

Ex-Officio
Economic Development Director
City of Medina
Medina, OH

Financial Documents

OEDA provides transparency in its financial operations through key publicly available documents. The organization’s annual IRS Form 990, which details OEDA’s income, expenses, and overall financial health, is available for review as required for 501(c)(6) nonprofit organizations. Additionally, OEDA’s determination letter from the IRS confirming its 501(c)(6) status is available to verify its compliance and nonprofit designation. These documents demonstrate OEDA’s adherence to legal and financial regulations while ensuring accountability to its members and stakeholders. For further inquiries about OEDA’s financial structure or documentation, members are encouraged to reach out directly.

IRS Form 990

OEDA files an annual IRS Form 990 as required for 501(c)(6) nonprofit organizations. This publicly available document provides transparency by detailing OEDA’s income, expenses, and overall financial activities, ensuring accountability to members and stakeholders.

IRS Determination Letter

OEDA’s 501(c)(6) determination letter from the IRS, issued in 2006, confirms its status as a nonprofit organization dedicated to advancing economic development. This document verifies OEDA’s compliance with federal regulations and its eligibility for nonprofit designation.