Civic Intelligence

Osteopathic Medical Education Consortium

EIN 45-2525815 • 501(c)3 • Tulsa, OK

Profile

The osteopathic medical education consortium of oklahoma (omeco) is a consortium of partner institutions whose mission is to support and promote excellence in the continuum of osteopathic medical education in oklahoma, arkansas and missouri.

Refreshing map…

1111 West 17th StreetTulsa, OK 74107

healthsciences.okstate.edu/OMECO

Siviq Scores

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

Liabilities / Assets

87th percentile

0.78x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.20x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

8th percentile

-32%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

3rd percentile

-44%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

20%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$4,295,014

Down $3,400,419 (-44%) from 2023

Liabilities

Up

$3,362,078

Up $2,183,748 (+185%) from 2023

Net Assets

Down

$932,936

Down $5,584,167 (-86%) from 2023

Revenue

Up

$17,191,606

Up $2,896,215 (+20%) from 2023

Expenses

Up

$22,775,773

Up $14,664,030 (+181%) from 2023

Net Income

Down

-$5,584,167

Down $11,767,815 (-190%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $165,715Liabilities 2012: $165,7152012Assets 2013: $271,341Liabilities 2013: $90,000Net Assets 2013: $181,3412013Assets 2014: $2,221,046Liabilities 2014: $1,973,834Net Assets 2014: $247,2122014Assets 2015: $1,582,003Liabilities 2015: $1,295,333Net Assets 2015: $286,6702015Assets 2016: $843,970Liabilities 2016: $555,141Net Assets 2016: $288,8292016Assets 2017: $565,132Liabilities 2017: $364,989Net Assets 2017: $200,1432017Assets 2018: $3,920,310Liabilities 2018: $3,797,795Net Assets 2018: $122,5152018Assets 2019: $3,226,389Liabilities 2019: $3,156,619Net Assets 2019: $69,7702019Assets 2020: $3,250,514Liabilities 2020: $3,240,690Net Assets 2020: $9,8242020Assets 2021: $3,495,258Liabilities 2021: $3,345,801Net Assets 2021: $149,4572021Assets 2022: $2,460,689Liabilities 2022: $2,127,234Net Assets 2022: $333,4552022Assets 2023: $7,695,433Liabilities 2023: $1,178,330Net Assets 2023: $6,517,1032023Assets 2024: $4,295,014Liabilities 2024: $3,362,078Net Assets 2024: $932,9362024

Highlighted filing

2024

Assets$4,295,014
Liabilities$3,362,078
Net Assets$932,936

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2012: $97,000Expenses 2012: $32,638Net Income 2012: $64,3622012Expenses 2013: $2,719,0452013Revenue 2014: $5,560,391Expenses 2014: $5,501,861Net Income 2014: $58,5302014Revenue 2015: $6,348,655Expenses 2015: $6,309,197Net Income 2015: $39,4582015Revenue 2016: $4,060,902Expenses 2016: $4,058,743Net Income 2016: $2,1592016Revenue 2017: $4,711,927Expenses 2017: $4,800,613Net Income 2017: -$88,6862017Revenue 2018: $7,387,001Expenses 2018: $7,464,629Net Income 2018: -$77,6282018Revenue 2019: $8,545,586Expenses 2019: $8,598,331Net Income 2019: -$52,7452019Revenue 2020: $9,221,433Expenses 2020: $9,281,379Net Income 2020: -$59,9462020Revenue 2021: $6,319,915Expenses 2021: $6,180,282Net Income 2021: $139,6332021Revenue 2022: $10,278,757Expenses 2022: $10,094,758Net Income 2022: $183,9992022Revenue 2023: $14,295,391Expenses 2023: $8,111,743Net Income 2023: $6,183,6482023Revenue 2024: $17,191,606Expenses 2024: $22,775,773Net Income 2024: -$5,584,1672024

Highlighted filing

2024

Revenue$17,191,606
Expenses$22,775,773
Net Income-$5,584,167

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.30$3.36$0.93$17.2$22.8$5.58
2023Summary only. Only limited summary data is available for this year.$7.70$1.18$6.52$14.3$8.11$6.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.46$2.13$0.33$10.3$10.1$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.50$3.35$0.15$6.32$6.18$0.14
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$3.24$0.01$9.22$9.28$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.23$3.16$0.07$8.55$8.60$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.92$3.80$0.12$7.39$7.46$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.36$0.20$4.71$4.80$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.84$0.56$0.29$4.06$4.06$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.58$1.30$0.29$6.35$6.31$0.04
2014Summary only. Only limited summary data is available for this year.$2.22$1.97$0.25$5.56$5.50$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.09$0.18$2.72
2012Summary only. Only limited summary data is available for this year.$0.17$0.17$0.10$0.03$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$17,191,606
Mission and Program Overview

Mission

The osteopathic medical education consortium of oklahoma (omeco) is a consortium of partner institutions whose mission is to support and promote excellence in the continuum of osteopathic medical education in oklahoma, arkansas and missouri.

The osteopathic medical education consortium of oklahoma (omeco) is a consortium of partner institutions whose mission is to support and promote excellence in the continuum of osteopathic medical education in oklahoma, arkansas, and missouri.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$7,435,872$3,820,376▼ $3,615,496
Cash and Non-Interest-Bearing Accounts$259,561$474,638▲ $215,077
Total Assets$7,695,433$4,295,014▼ $3,400,419
Liabilities
Accounts Payable and Accrued Expenses$1,178,330$3,362,078▲ $2,183,748
Total Liabilities$1,178,330$3,362,078▲ $2,183,748
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,517,103$932,936▼ $5,584,167
Total Net Assets Fund Balance$6,517,103$932,936▼ $5,584,167
Total Liabilities and Net Assets / Fund Balance$7,695,433$4,295,014▼ $3,400,419
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don LowtherCFO and Director
Dennis BlankenshipDirector
Dustin BeckDirector
Eric GilletteDirector
Eric PolakDirector
Jenny AlexopulosDirector
Lauren BodeDirector
Marilyn HinesDirector
Muneeza AfifDirector
Timothy NewtonDirector
Lesley Van VolkinburgExecutive Director
Mo SomChief Academic Officer and

Highest Paid Contractors

ContractorServicesLocationCompensation
Osu Medical Center TrustDevelop And Operate Family Medicine/pedi1111 WEST 17TH ST, Tulsa, OK 74107$12,065,474
Cherokee NationDevelop And Operate A Family Medicine RePO BOX 948, Tahlequah, OK 74465$4,430,489
Tahlequah Medical GroupDevelop And Operate An Internal MedicinePO BOX 1008, Tahlequah, OK 74464$2,236,768
Choctaw Nation Health Services AuthorityDevelop And Operate A Family Medicine RePO BOX 1210, Durant, OK 74702$2,013,406
Chickasaw Nation Division Of HealthDevelop And Operate A Family Medicine Re1921 CRADDUCK ROAD, Ada, OK 74820$1,240,453
Revenue and Support

Revenue Composition

Contributions and Grants
$16,665,007
Program Service Revenue
$526,599
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-5,584,167
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,775,773
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$56,122$200-$56,322
All Other Expenses$12,842$34,681-$47,523
Other Expenses$39,887--$39,887
Travel$20,885$2,889-$23,774
Office Expenses$7,793$10,809-$18,602
Total Functional Expenses$22,727,194$48,579$0$22,775,773
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
Lobbying activity
No
Subject to proxy tax
No
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
Yes
Other officer compensation reviewed
Yes
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

Before completing form 990, omeco's finance committee reviews all of the finances for the fiscal year that form the basis for the form 990. After the committee approves the finances, omeco's officers complete form 990, distribute it to all board members for comments, make necessary revisions, and file the return.

Form 990, Part VI, Section B, Line 12C

The board of directors of omeco has adopted a written policy that requires all directors to disclose any conflicts of interest. Directors must annually sign a written statement declaring that they do not have a conflict of interest and they will report any conflicts that arise.

Form 990, Part VI, Section B, Line 15

Omeco does not employ any staff; all staff are provided as shared employees and on a contract basis through a management services agreement with oklahoma state university center for health scienses (osu chs). All persons who perform contract work for omeco go through osu chs human resources and their compensation is subject to review by a compensation committee, which must receive board approval to ensure that they are being paid commensurate with the market.

Form 990, Part VI, Section C, Line 19

Omeco's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Osteopathic Medical Education Consortium
EIN
45-2525815
Phone
9185844611
Address
1111 WEST 17TH STREET, TULSA, OK 74107
Doing Business As
Omeco

Signing Officer

Name
Don Lowther
Title
Treasurer
Phone
9185821972
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lesley Van Volkinburg
Formed
2011
Legal Domicile
Ok
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Regier Carr & Monroe Llp
Address
4200 E SKELLY DRIVE SUITE 560, TULSA, OK 74135
Preparer
Charles M Humphrey CPA
Phone
9182715400
Raw XML AppendixShowing 400 of 464 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/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF ACADEMIC OFFICER AND
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
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IRS990/GamingActivitiesInd00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt017191606
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
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IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE OSTEOPATHIC MEDICAL EDUCATION CONSORTIUM OF OKLAHOMA (OMECO) IS A CONSORTIUM OF PARTNER INSTITUTIONS WHOSE MISSION IS TO SUPPORT AND PROMOTE EXCELLENCE IN THE CONTINUUM OF OSTEOPATHIC MEDICAL EDUCATION IN OKLAHOMA, ARKANSAS AND MISSOURI.
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010809
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IRS990/OfficeExpensesGrp/TotalAmt018602
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc2TRAINING
IRS990/OtherExpensesGrp/Desc3STIPENDS
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IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LESLEY VAN VOLKINBURG
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IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0OSTEOPATHIC POSTGRADUATE TRAINING
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IRS990/ReportOtherLiabilitiesInd00
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt0918124
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt09036977
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt056388978
IRS990ScheduleA/TotalSupportAmt057307102
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BEFORE COMPLETING FORM 990, OMECO'S FINANCE COMMITTEE REVIEWS ALL OF THE FINANCES FOR THE FISCAL YEAR THAT FORM THE BASIS FOR THE FORM 990. AFTER THE COMMITTEE APPROVES THE FINANCES, OMECO'S OFFICERS COMPLETE FORM 990, DISTRIBUTE IT TO ALL BOARD MEMBERS FOR COMMENTS, MAKE NECESSARY REVISIONS, AND FILE THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS OF OMECO HAS ADOPTED A WRITTEN POLICY THAT REQUIRES ALL DIRECTORS TO DISCLOSE ANY CONFLICTS OF INTEREST. DIRECTORS MUST ANNUALLY SIGN A WRITTEN STATEMENT DECLARING THAT THEY DO NOT HAVE A CONFLICT OF INTEREST AND THEY WILL REPORT ANY CONFLICTS THAT ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OMECO DOES NOT EMPLOY ANY STAFF; ALL STAFF ARE PROVIDED AS SHARED EMPLOYEES AND ON A CONTRACT BASIS THROUGH A MANAGEMENT SERVICES AGREEMENT WITH OKLAHOMA STATE UNIVERSITY CENTER FOR HEALTH SCIENSES (OSU CHS). ALL PERSONS WHO PERFORM CONTRACT WORK FOR OMECO GO THROUGH OSU CHS HUMAN RESOURCES AND THEIR COMPENSATION IS SUBJECT TO REVIEW BY A COMPENSATION COMMITTEE, WHICH MUST RECEIVE BOARD APPROVAL TO ENSURE THAT THEY ARE BEING PAID COMMENSURATE WITH THE MARKET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OMECO'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
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IRS990ScheduleR/DivRelatedOrganizationInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0OKLAHOMA STATE UNIVERSITY CENTER FOR HEALTH SCIENCES
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MEDICAL EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01111 WEST 17TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TULSA
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IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt06000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1150000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ESTIMATED FV BASED ON TIME
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ESTIMATED FV BASED ON TIME
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IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1OKLAHOMA STATE UNIVERSITY CENTER FOR HEALTH SCIENCES
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