(11-15-22) Today the OHSAA released the Board of Directors minutes from October 27th.
Finances seems to be the main concern for the association, not that of individual member schools. All District Boards checking accounts have been closed and the association now has complete charge of all accounts.
The addendum to the OHSAA Investment Policy, recommended by the Executive Director’s Office, was approved by the board 9-0. All of the finances are now under the control of the Executive Director’s Office. The membership had no say in the decision.
No mention was made of the future of tournament ticket prices, expenses increased for tournament hosts and reimbursement for schools for travel expenses.
- OHSAA You Have A Problem(s)
- The “Dos and Don’ts” Of Statewide Audio & Video Football Playoffs Coverage, Media Fees Go To OHSAA Not Member Schools
The association is a 501c3 entity, while it was stated in the above minutes states in the goal –
‘the association must be operating at a net profit’
OHIO HIGH SCHOOL ATHLETIC ASSOCIATION
- EIN: 31-4355728 Classification (NTEE) Sports Training Facilities, Agencies (Recreation, Sports, Leisure, Athletics) Nonprofit Tax Code Designation: 501(c)(3) Defined as: Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals. Donations to this organization are tax deductible.