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Southern Ohio Diversification Initiative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311566951 ✦ Piketon, OH ✦ Designated as a 501(c)(3)

Overview

What is Southern Ohio Diversification Initiative?

The Southern Ohio Diversification Initiative (SODI) is a community reuse organization based in Piketon, Ohio. Its primary mission is to enhance the quality of life in Pike, Scioto, Ross, and Jackson counties by promoting economic diversification, developing underutilized land and facilities on the Portsmouth Department of Energy reservation, and providing ongoing support to the local industry. The organization, which employs four individuals, aims to revitalize the region by reusing resources from the closed Portsmouth Gaseous Diffusion Plant, thereby contributing to the overall betterment of the local community.


Official website here: www.sodidevelopment.org

Is Southern Ohio Diversification Initiative legitimate?

Southern Ohio Diversification Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Ohio Diversification Initiative submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $72,842
Professional Fundraising Fees: $0
Other Salaries and Wages: $245,125

For more financial information, click here


Official website here: www.sodidevelopment.org

What is the mission statement of Southern Ohio Diversification Initiative?

The Southern Ohio Diversification Initiative, a community reuse organization, strives to enhance the quality of life in unspecified counties by promoting economic diversification. One of their key objectives is the development of underutilized land and facilities on the Portsmouth Department of Energy Reservation. In addition, they provide ongoing support to local industries to achieve their mission. Essentially, their mission is centered around improving the community's economic and social well-being through strategic development projects.


Official website here: www.sodidevelopment.org

Who is the CEO of Southern Ohio Diversification Initiative?

Steve Shepherd is the Attorney of Southern Ohio Diversification Initiative.


Official website here: www.sodidevelopment.org

What is the revenue of Southern Ohio Diversification Initiative?

Southern Ohio Diversification Initiative's revenue in 2022 was $1,121,212.


Official website here: www.sodidevelopment.org

Who are the executives of Southern Ohio Diversification Initiative and what are their salaries?

The average compensation at Southern Ohio Diversification Initiative during 2022 was $79,492. There are 4 employees at Southern Ohio Diversification Initiative.

Here are 16 key members and their salaries:

    Kevin Shoemaker (Attorney)
  • Compensation: $203,400
  • Related: $0
  • Other: $0

    • Steve Shepherd (Executive Di) [Trustee/Director]
  • Compensation: $72,842
  • Related: $0
  • Other: $0

    • Ryan Clemmons (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Davis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammy Eallonardo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Heath (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Horton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Minter (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Montgomery (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Payton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herman Potter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Roberts (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Scaggs (Treasurer/Se) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Snider (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teddy West (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted Wheeler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sodidevelopment.org

    Where can I find the form 990 for Southern Ohio Diversification Initiative?

    The Southern Ohio Diversification Initiative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sodidevelopment.org

    Learn more at the official website: www.sodidevelopment.org

    Mission Statement of Southern Ohio Diversification Initiative

    The Southern Ohio Diversification Initiative (SODI) is a community-driven organization with a mission to enhance the quality of life in the counties of Pike, Scioto, Ross, and Jackson. By fostering economic diversification, SODI aims to develop underutilized land and facilities on the Portsmouth Department of Energy Reservation, and continues to support local industry. In essence, SODI's purpose is to address the impact of the closing of the Portsmouth Gaseous Diffusion Plant and revitalize the region.

    Impact

    This information is meant to be a general summary of Southern Ohio Diversification Initiative. Please take the time to review official sources before making any decisions based upon the content provided here.




    Tuesday, June 18, 2024

    The Southern Ohio Diversification Initiative has had a significant impact on the communities of Pike, Scioto, Ross, and Jackson counties. By focusing on economic diversification and utilizing underutilized land and facilities on the Portsmouth Department of Energy Reservation, SODI has helped improve the quality of life in these areas. Their efforts have brought about new opportunities for local industry and have addressed the challenges posed by the closure of the Portsmouth Gaseous Diffusion Plant. Through their community reuse organization, SODI has made a positive difference in driving economic development and supporting the environment in Southern Ohio.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,466
  • Program Service Revenue: $1,112,495
  • Gross Receipts: $1,121,212

    • Assets and Liabilities:
  • Total Assets: $2,082,537
  • Total Liabilities: $1,050,242
  • Net Assets: $1,032,295
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALES DOE ASSSETS, CFS, IG

    Revenue

    $1,066,255

    RENT INCOME

    Revenue

    $46,240

    Organization Details

    Founding Year

    1987

    Principal Officer

    Steve Shepherd

    Main Address

    PO BOX 517, PIKETON, OH, 45661

    NTEE Category

    Code: C270 - Environment

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