Civic Intelligence

Southern Ohio Chamber Alliance

EIN 31-1398387 • 501(c)6 • Cincinnati, OH

Profile

Small employer health care alliance in accordance with chapter 1731 of the ohio revised code. Southern ohio chamber alliance engages members of 102 chambers of commerce in the state of ohio by offering value added products and services.

1435 Vine Street PO Box 3385Cincinnati, OH 45202

www.joinsoca.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

20th percentile

0.01x

Higher debt load relative to assets than 20% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.01x

Higher debt load relative to revenue than 18% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

60th percentile

$168,978

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

74th percentile

14%

Faster asset growth than 74% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

7.8%

Faster revenue growth than 57% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,025,694

Up $554,254 (+38%) from 2022

Liabilities

Up

$12,631

Up $6,133 (+94%) from 2022

Net Assets

Up

$2,013,063

Up $548,121 (+37%) from 2022

Revenue

Up

$2,279,577

Up $123,891 (+5.7%) from 2022

Expenses

Up

$2,039,035

Up $516,067 (+34%) from 2022

Net Income

Down

$240,542

Down $392,176 (-62%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2013: $178,087Net Assets 2013: $178,0872013Assets 2014: $167,016Net Assets 2014: $167,0162014Assets 2016: $255,851Liabilities 2016: $0Net Assets 2016: $255,8512016Assets 2017: $221,359Liabilities 2017: $323,217Net Assets 2017: -$101,8582017Assets 2018: $223,934Liabilities 2018: $49,330Net Assets 2018: $174,6042018Assets 2019: $396,435Liabilities 2019: $199Net Assets 2019: $396,2362019Assets 2020: $511,587Liabilities 2020: $6,535Net Assets 2020: $505,0522020Assets 2021: $838,775Liabilities 2021: $6,551Net Assets 2021: $832,2242021Assets 2022: $1,471,440Liabilities 2022: $6,498Net Assets 2022: $1,464,9422022Assets 2024: $2,025,694Liabilities 2024: $12,631Net Assets 2024: $2,013,0632024

Highlighted filing

2024

Assets$2,025,694
Liabilities$12,631
Net Assets$2,013,063

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $55,759Expenses 2013: $31,812Net Income 2013: $23,9472013Revenue 2014: $58,041Expenses 2014: $69,112Net Income 2014: -$11,0712014Revenue 2016: $149,507Expenses 2016: $73,656Net Income 2016: $75,8512016Revenue 2017: $355,207Expenses 2017: $201,272Net Income 2017: $153,9352017Revenue 2018: $701,149Expenses 2018: $424,687Net Income 2018: $276,4622018Revenue 2019: $1,015,429Expenses 2019: $793,797Net Income 2019: $221,6322019Revenue 2020: $935,647Expenses 2020: $826,831Net Income 2020: $108,8162020Revenue 2021: $1,669,173Expenses 2021: $1,342,001Net Income 2021: $327,1722021Revenue 2022: $2,155,686Expenses 2022: $1,522,968Net Income 2022: $632,7182022Revenue 2024: $2,279,577Expenses 2024: $2,039,035Net Income 2024: $240,5422024

Highlighted filing

2024

Revenue$2,279,577
Expenses$2,039,035
Net Income$240,542

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 28, 2025
Return Version
2024v5.2
Gross Receipts
$2,279,577
Mission and Program Overview

Mission

Small employer health care alliance in accordance with chapter 1731 of the ohio revised code. Southern ohio chamber alliance engages members of 102 chambers of commerce in the state of ohio by offering value added products and services.

As a small employer health care alliance authorized by the ohio revised code, soca negotiates benefits for chambers of commerce so that they, in turn, can offer much-needed benefits to their chamber members. Several benefits are designed solely for business owners, their employees, and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$1,772,521$2,013,063▲ $240,542
Cash and Non-Interest-Bearing Accounts$1,362,661$867,237▼ $495,424
Savings and Temporary Cash Investments-$752,949-
Investments in Publicly Traded Securities$334,709$339,833▲ $5,124
Land, Buildings, and Equipment, Net$50,416$54,139▲ $3,723
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$1,774,450$2,025,694▲ $251,244
Other Assets Total$26,664$11,536▼ $15,128
Liabilities
Other Liabilities$1,929$12,631▲ $10,702
Total Liabilities$1,929$12,631▲ $10,702
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,772,521$2,013,063▲ $240,542
Total Liabilities and Net Assets / Fund Balance$1,774,450$2,025,694▲ $251,244

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$54,139$112,008$166,147
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matt AppenzellerExecutive DirectorFT$160,182$8,796$168,978

Board Members and Trustees

NameTitle
Rick PearceBoard Chair
Mike ThronePresident/CEO
David DonaldsonBoard Member
David PetersonBoard Member
Joel MillerBoard Member
Lydia HessBoard Member
Sara ToppBoard Member
Wendy RodgersBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,073,905
Program Service Revenue
$169,365
Investment Income
$28,336
Other Revenue
$7,971
Change in Net Assets
$240,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,673,151
Salaries, Compensation, and Employee Benefits$365,884
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$352,319--$352,319
Other Salaries and Wages$302,868--$302,868
Advertising$93,642--$93,642
Depreciation Depletion$52,278--$52,278
Fees for Services Accounting$36,105--$36,105
Other Employee Benefits$28,070--$28,070
Payroll Taxes$23,459--$23,459
Conferences and Meetings$22,406--$22,406
All Other Expenses$8,804$6,034-$14,838
Travel$14,525--$14,525
Pension Plan Contributions$11,487--$11,487
Occupancy$10,163--$10,163
Office Expenses$4,604$4,604-$9,208
Insurance$3,017$3,017-$6,034
Other Expenses$4,537--$4,537
Fees for Services Legal$539--$539
Total Functional Expenses$2,025,380$13,655$0$2,039,035
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$7,625
Credit Card Payable$5,006
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is presented to the board for approval before filing.

Form 990, Part VI, Section C, Line 19

PROVIDED UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Southern Ohio Chamber Alliance
EIN
31-1398387
Phone
9373954533
Address
1435 VINE STREET PO BOX 3385, CINCINNATI, OH 45202

Signing Officer

Name
Matt Appenzeller
Title
Executive Director
Phone
9373954533
Signed
2025-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Appenzeller
Formed
1993
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
0

Preparer

Firm
Maloney Novotny LLC
Address
38 SOUTH FRANKLIN STREET PO BOX 352, DELAWARE, OH 43015
Preparer
G Michael Dickey
Phone
7403629031
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Membership fees: program service expenses 7,550. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,550. Outside contract services: program service expenses 125,108. Management and general expenses 0. Fundraising expenses 0. Total expenses 125,108. Technology services: program service expenses 219,661. Management and general expenses 0. Fundraising expenses 0. Total expenses 219,661.

Raw XML Appendix382 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0205672
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0752949
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt054139
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0112008
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0166147
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05006
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17625
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED REVENUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt054139
IRS990ScheduleD/TotalLiabilityAmt012631
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0160182
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt06407
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt02389
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MATT APPENZELLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0168978
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PRESENTED TO THE BOARD FOR APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERSHIP FEES: PROGRAM SERVICE EXPENSES 7,550. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,550. OUTSIDE CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 125,108. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 125,108. TECHNOLOGY SERVICES: PROGRAM SERVICE EXPENSES 219,661. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 219,661.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01774450
IRS990/TotalAssetsEOYAmt02025694
IRS990/TotalAssetsGrp/BOYAmt01774450
IRS990/TotalAssetsGrp/EOYAmt02025694
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt02073905
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013655
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02025380
IRS990/TotalFunctionalExpensesGrp/TotalAmt02039035
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01929
IRS990/TotalLiabilitiesEOYAmt012631
IRS990/TotalLiabilitiesGrp/BOYAmt01929
IRS990/TotalLiabilitiesGrp/EOYAmt012631
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01772521
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02013063
IRS990/TotalOtherCompensationAmt08796
IRS990/TotalProgramServiceExpensesAmt02025380
IRS990/TotalProgramServiceRevenueAmt0169365
IRS990/TotalReportableCompFromOrgAmt0160182
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0205672
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02279577
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01774450
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02025694
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt014525
IRS990/TravelGrp/TotalAmt014525
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01435 VINE STREET PO BOX 3385
IRS990/USAddress/CityNm0CINCINNATI
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd045202
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.JOINSOCA.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT APPENZELLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09373954533
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHERN OHIO CHAMBER ALLIANCE
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0311398387
ReturnHeader/Filer/PhoneNum09373954533
ReturnHeader/Filer/USAddress/AddressLine1Txt01435 VINE STREET PO BOX 3385
ReturnHeader/Filer/USAddress/CityNm0CINCINNATI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045202
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0340677006
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MALONEY NOVOTNY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt038 SOUTH FRANKLIN STREET PO BOX 352
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DELAWARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043015
ReturnHeader/PreparerPersonGrp/PhoneNum07403629031
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0G MICHAEL DICKEY
ReturnHeader/ReturnTs02025-07-28T13:00:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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