By Larry Moliterno
CEO, Meridian HealthCare
YOUNGSTOWN, Ohio – Operating a nonprofit organization today requires creativity, dedication and resilience.
The nonprofit landscape has evolved significantly over the past decade, particularly in the Mahoning Valley. Organizations such as Parkview Counseling, Family Services Agency, Addiction Programs of Mahoning County, Turning Point Counseling, Neil Kennedy Recovery Clinic and Community Services Agency have seen their missions absorbed into other entities or transformed through mergers.
In response, local nonprofits such as Alta Behavioral Health, Compass Family and Community Services, and Meridian HealthCare have stepped up to carry the torch, continuing to provide vital services to our community. While there are challenges, these organizations demonstrate the innovation and adaptability needed to thrive in an ever-changing world.
Nonprofit boards play a critical role in the success of these organizations. Local leaders who serve on boards bring passion and expertise to their roles, even as they balance multiple commitments. Ensuring this energy is focused and aligned with an organization’s mission is key to creating meaningful change.
Funding is an opportunity to think creatively. While government grants and funding streams can be unpredictable, they often provide a foundation upon which nonprofits can build sustainable programs. Local support, including partnerships with other organizations, further empowers nonprofits to develop impactful solutions tailored to our community’s unique needs.
Grants, though sometimes slow to arrive, represent a vote of confidence in nonprofit work. By diversifying funding streams and engaging private donors, nonprofits can enhance their resilience and ability to invest IT, marketing and facilities that are critical for long-term sustainability and growth.
The nonprofit sector has long been a hub for mission-driven individuals who are passionate about making a difference. While competing with for-profit organizations for talent can be a challenge, nonprofits offer the opportunity to work toward a meaningful cause, which remains a strong motivator for many professionals.
Nonprofits stand out in the way they balance two bottom lines: financial stability and mission impact. While financial health is critical, nonprofits are committed to serving the community and delivering measurable results.
This dual focus means nonprofits engage with a wide array of “customers” – from clients and donors to referral sources, funding bodies and accrediting organizations.
There are many misconceptions about nonprofits but these organizations are proving their value every day. A common myth is that nonprofits cannot or should not make a profit. In reality, they must generate a surplus to invest back into their missions, ensuring long-term sustainability.
Another misconception is that nonprofits shouldn’t charge for services. On the contrary, charging fees when appropriate not only ensures financial stability but also allows these organizations to expand their reach and enhance their programs.
Nonprofits are a vital part of our economy and community. While charitable giving accounts for 2% of the nation’s GDP, nonprofits contribute between 5.5% and 5.7% of GDP through their operations and services. They are a cornerstone of support for the most vulnerable members of community.
We are strengthened by the work of nonprofits. Their success depends on the support of individuals like you. By volunteering your time, sharing your talents, or providing financial contributions, you can play a part in sustaining and growing these essential organizations.