Civic Intelligence

Oklahoma City Economic Development Foundation Inc.

990 • Fiscal year 2020 • EIN 73-1123147

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

Organization ProfileN/A
123 Park AveOklahoma City, OK 73102-9005

(405) 297-8900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.16x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

60th percentile

0.21x

Higher debt load relative to revenue than 60% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

45th percentile

2.9%

Higher net margin than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

98th percentile

$610,537

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 36.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

45th percentile

4.0%

Faster asset growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

37th percentile

-6.7%

Faster revenue growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$2,167,725

Up $82,715 (+4.0%) from 2019

Net Assets

Up

$1,821,476

Up $47,724 (+2.7%) from 2019

Liabilities

Up

$346,249

Up $34,991 (+11%) from 2019

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin45th percentile

Revenue

Down

$1,657,147

Down $119,576 (-6.7%) from 2019

Expenses

Down

$1,609,423

Down $479,160 (-23%) from 2019

Net Income

Up

$47,724

Up $359,584 (+115%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,126,820Liabilities 2010: $37,299Net Assets 2010: $1,089,5212010Assets 2011: $1,382,853Liabilities 2011: $204,062Net Assets 2011: $1,178,7912011Assets 2012: $1,412,073Liabilities 2012: $74,149Net Assets 2012: $1,337,9242012Assets 2013: $1,591,634Liabilities 2013: $232,857Net Assets 2013: $1,358,7772013Assets 2014: $1,926,061Liabilities 2014: $286,174Net Assets 2014: $1,639,8872014Assets 2015: $2,361,203Liabilities 2015: $223,083Net Assets 2015: $2,138,1202015Assets 2016: $2,493,316Liabilities 2016: $264,574Net Assets 2016: $2,228,7422016Assets 2017: $2,543,046Liabilities 2017: $293,197Net Assets 2017: $2,249,8492017Assets 2018: $2,389,349Liabilities 2018: $303,737Net Assets 2018: $2,085,6122018Assets 2019: $2,085,010Liabilities 2019: $311,258Net Assets 2019: $1,773,7522019Assets 2020: $2,167,725Liabilities 2020: $346,249Net Assets 2020: $1,821,4762020Assets 2021: $2,119,683Liabilities 2021: $406,685Net Assets 2021: $1,712,9982021Assets 2022: $2,560,120Liabilities 2022: $1,247,284Net Assets 2022: $1,312,8362022Assets 2023: $3,182,450Liabilities 2023: $1,393,988Net Assets 2023: $1,788,4622023Assets 2024: $2,852,292Liabilities 2024: $1,316,746Net Assets 2024: $1,535,5462024

Highlighted filing

2020

Assets$2,167,725
Liabilities$346,249
Net Assets$1,821,476
Open 2020 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,858,9852010Expenses 2011: $1,553,5982011Revenue 2012: $1,812,453Expenses 2012: $1,653,320Net Income 2012: $159,1332012Revenue 2013: $1,631,648Expenses 2013: $1,610,795Net Income 2013: $20,8532013Revenue 2014: $2,061,065Expenses 2014: $1,779,955Net Income 2014: $281,1102014Revenue 2015: $2,383,018Expenses 2015: $1,884,785Net Income 2015: $498,2332015Revenue 2016: $2,093,340Expenses 2016: $2,002,718Net Income 2016: $90,6222016Revenue 2017: $1,748,734Expenses 2017: $1,727,627Net Income 2017: $21,1072017Revenue 2018: $1,741,725Expenses 2018: $1,905,962Net Income 2018: -$164,2372018Revenue 2019: $1,776,723Expenses 2019: $2,088,583Net Income 2019: -$311,8602019Revenue 2020: $1,657,147Expenses 2020: $1,609,423Net Income 2020: $47,7242020Revenue 2021: $2,021,989Expenses 2021: $2,130,467Net Income 2021: -$108,4782021Revenue 2022: $2,641,653Expenses 2022: $3,041,815Net Income 2022: -$400,1622022Revenue 2023: $4,711,956Expenses 2023: $4,236,330Net Income 2023: $475,6262023Revenue 2024: $4,904,934Expenses 2024: $5,157,850Net Income 2024: -$252,9162024

Highlighted filing

2020

Revenue$1,657,147
Expenses$1,609,423
Net Income$47,724
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$1,657,147
Mission and Program Overview

Mission

To create new jobs and payroll in the oklahoma city region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$789,293$1,019,389▲ $230,096
Land, Buildings, and Equipment, Net$862,442$787,567▼ $74,875
Accounts Receivable$350,850$332,144▼ $18,706
Prepaid Expenses and Deferred Charges$82,425$28,625▼ $53,800
Total Assets$2,085,010$2,167,725▲ $82,715
Liabilities
Deferred Revenue$277,070$320,561▲ $43,491
Accounts Payable and Accrued Expenses$34,188$25,688▼ $8,500
Total Liabilities$311,258$346,249▲ $34,991
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,148,453$1,012,054▼ $136,399
Net Assets With Donor Restrictions$625,299$809,422▲ $184,123
Total Net Assets Fund Balance$1,773,752$1,821,476▲ $47,724
Total Liabilities and Net Assets / Fund Balance$2,085,010$2,167,725▲ $82,715

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$784,432$1,123,104$1,907,536
Equipment$3,135$282,939$286,074
Compensation and Service Providers
Top Officer Pay98th percentile

Board Members and Trustees

NameTitle
Kirk PercyChair of the Board
Trauschke SeanChair-elect
Hooper RhondaImmediate Past Chair
Williams RoyPresident & CEO
Denny Barbara LCFO/VP of Operations
Rainbolt DavidCorporate Secretary
Hart JohnTreasurer
Shirley NatalieV.c - Convention & Visitor Development
Hager DavidV.c - Forward Oklahoma City
Krieger BradleyV.c - Government Relations
Edwards CarlV.c - Innovation/bioscience
Mcdaniel TomV.c - Maps Development
Lance BillV.c - Member Healthcare Initiative
Hahn SteveV.c - Membership
Hatfield JudyV.c - Military & Aerospace
Shortridge KentV.c. - Economic Development
Rose TeresaV.c. - Education
Meyer Jenny LoveV.c. - Marketing & Communi
Bennett ClaytonV.c. - Strategic Planning
Nichols LarryV.c. - Strategic Planning
Revenue and Support

Revenue Composition

Contributions and Grants
$414,481
Program Service Revenue
$1,241,542
Investment Income
$1,124
Other Revenue
$0
All Other Contributions
$414,481
Change in Net Assets
$47,724
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,191,008
Grants and Similar Amounts Paid$418,415
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$322,396$100,000-$422,396
Grants to Domestic Orgs$418,415--$418,415
Advertising$303,728--$303,728
Information Technology$178,168--$178,168
Depreciation Depletion-$74,875-$74,875
Conferences and Meetings$28,772--$28,772
Occupancy-$15,853-$15,853
Fees for Services Accounting-$9,802-$9,802
Other Expenses$8,420--$8,420
Travel$6,335--$6,335
Office Expenses$2,118$472-$2,590
Insurance-$1,091-$1,091
Total Functional Expenses$1,407,330$202,093$0$1,609,423
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greater Okc Chamber of CommerceOklahoma City, OK501(c)(6)Economic Development$418,415
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
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The cfo of the organization reviews the return along with our president. Additionally, prior to filing, the form 990 is provided to all members of the board of directors.”

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

“The organization requires an annual disclosure of any conflicts and a representation that directors will comply with the conflict of interest policy. The disclosures are monitored by the organization in the event of a conflict. The conflicted director will abstain from discussion and voting.”

Form 990, Part VI, Section C, Line 19

“Documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Oklahoma City Economic Development
EIN
73-1123147
Phone
4052978900
Address
123 PARK AVE, OKLAHOMA CITY, OK 73102-9005

Signing Officer

Name
Roy H Williams
Title
President & CEO
Phone
4052978900
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roy H Williams
Formed
1981
Legal Domicile
Ok
Voting Board Members
19
Independent Board Members
18
Employees
0
Volunteers
18

Preparer

Firm
Rsm US Llp
Address
210 PARK AVE SUITE 1725, OKLAHOMA CITY, OK 73102
Preparer
Lauren Nowakowski
Phone
4052397961
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Management has evaluated the organization's tax positions and concluded that the organization has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of the financial accounting standards board's guidance on accounting for uncertain income taxes.”

Raw XML AppendixShowing 400 of 633 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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18563224
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt19222401
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CORPORATE SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt5V.C - CONVENTION & VISITOR DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6V.C. - ECONOMIC DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7V.C. - EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt8V.C - FORWARD OKLAHOMA CITY
IRS990/Form990PartVIISectionAGrp/TitleTxt9V.C - GOVERNMENT RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt10V.C - INNOVATION/BIOSCIENCE
IRS990/Form990PartVIISectionAGrp/TitleTxt11V.C - MAPS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12V.C. - MARKETING & COMMUNI
IRS990/Form990PartVIISectionAGrp/TitleTxt13V.C - MEMBER HEALTHCARE INITIATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt14V.C - MEMBERSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt15V.C - MILITARY & AEROSPACE
IRS990/Form990PartVIISectionAGrp/TitleTxt16V.C. - STRATEGIC PLANNING
IRS990/Form990PartVIISectionAGrp/TitleTxt17V.C. - STRATEGIC PLANNING
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt19CFO/VP OF OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0418415
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0418415
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01657147
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0178168
IRS990/InformationTechnologyGrp/TotalAmt0178168
IRS990/InsuranceGrp/ManagementAndGeneralAmt01091
IRS990/InsuranceGrp/TotalAmt01091
IRS990/InvestmentIncomeGrp/ExclusionAmt01124
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01124
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01406043
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0862442
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0787567
IRS990/LandBldgEquipCostOrOtherBssAmt02193610
IRS990/LegalDomicileStateCd0OK
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CREATE NEW JOBS AND PAYROLL IN THE OKLAHOMA CITY REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01773752
IRS990/NetAssetsOrFundBalancesEOYAmt01821476
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01148453
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01012054
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt015853
IRS990/OccupancyGrp/TotalAmt015853
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0472
IRS990/OfficeExpensesGrp/ProgramServicesAmt02118
IRS990/OfficeExpensesGrp/TotalAmt02590
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SPONSOR & EVENT SUPPORT
IRS990/OtherExpensesGrp/Desc1EVENT PRODUCTION
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0119300
IRS990/OtherExpensesGrp/ProgramServicesAmt119678
IRS990/OtherExpensesGrp/ProgramServicesAmt28420
IRS990/OtherExpensesGrp/TotalAmt0119300
IRS990/OtherExpensesGrp/TotalAmt119678
IRS990/OtherExpensesGrp/TotalAmt28420
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt082425
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028625
IRS990/PrincipalOfficerNm0ROY H WILLIAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM & ACTIVITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01140720
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1100000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2822
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01140720
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1100000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2822
IRS990/ProgSrvcAccomActy2Grp/Desc0THE GREATER OKLAHOMA CITY PARTNERSHIP WAS ORGANIZED TO WORK WITH THE TEN COUNTY REGION TO PROMOTE VARIOUS ECONOMIC DEVELOPMENT PROGRAMS IN THE GREATER OKLAHOMA CITY REGION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt054873
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0THE OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION PARTNERS WITH THE OKLAHOMA CITY CHAMBER ON VARIOUS PROGRAMS WITH THE MOST SIGNIFICANT BEING THE FORWARD OKLAHOMA CITY PROGRAM. FORWARD OKLAHOMA CITY IS A FIVE YEAR ECONOMIC DEVELOPMENT PROGRAM DESIGNED TO MEET SPECIFIC NEEDS AND OVERCOME OBSTACLES TO QUALITY JOB GROWTH. EFFORTS PRIMARILY FOCUS ON (1) MARKETING THE CITY OF OKLAHOMA CITY AS A RELOCATION SITE TO EXPAND THE LOCAL JOB BASE, (2) ENHANCING THE LOCAL K-12 EDUCATION OPPORTUNITIES, (3) ADDRESSING TALENT RETENTION AND ATTRACTION, AND (4) OTHER MISCELLANEOUS PROGRAMS THAT SUPPORT ECONOMIC DEVELOPMENT EFFORTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0419237
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0418415
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0308322
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0456706
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0747560
IRS990/PYInvestmentIncomeAmt014426
IRS990/PYOtherExpensesAmt01341023
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01305591
IRS990/PYRevenuesLessExpensesAmt0-311860
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02088583
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01776723
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt047724
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0933220
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0789293
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01019389
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION, INC.'S SUPPORTED ORGANIZATION, THE GREATER OKLAHOMA CITY CHAMBER OF COMMERCE, INC. (THE CHAMBER), HAS AN IRS DETERMINATION OF STATUS AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(6). THE CHAMBER HAS DETERMINED THAT IT WOULD BE DESCRIBED IN SECTION 509(A)(2) IF IT WERE AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THE FOUNDATION MAINTAINS IN ITS RECORDS A COPY OF THE CHAMBER'S IRS DETERMINATION LETTER AS WELL AS AN ANNNUALLY PREPARED PRO FORMA PUBLIC SUPPORT TEST CALCULATION FOR FORM 990, SCHEDULE A, PART III.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1CONTROLS FOR SEC 170(C)(2)(B) PURPOSES: THE FOUNDATION'S BOARD OF DIRECTORS CONSISTS OF THE PERSONS SERVING ON THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF THE GREATER OKLAHOMA CHAMBER OF COMMERCE (THE CHAMBER) PLUS UP TO FIVE (5) ADDITIONAL PERSONS DESIGNATED BY THE CURRENT CHAIRMAN OF THE BOARD OF THE CHAMBER. ALL SUPPORT TO THE GREATER OKLAHOMA CITY CHAMBER WAS GIVEN TO SUPPORT EXPENDITURES PAID BY THE CHAMBER THAT MEET THE EXEMPT PURPOSE OF THE FOUNDATION. FUNDS CONTRIBUTED TO THE CHAMBER BY THE FOUNDATION ARE ON A REIMBURSABLE BASIS AND ARE CONTRIBUTED AFTER THE CHAMBER'S EXPENSES HAVE BEEN INCURRED AND REVIEWED BY THE FOUNDATION TO ENSURE ONLY EXPENSES THAT FURTHER THE FOUNDATION'S MISSION ARE REIMBURSED.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0730381180
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,167,725
Liabilities
$346,249
Net assets
$1,821,476
Revenue
$1,657,147
Expenses
$1,609,423
Net income
$47,724
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.85$1.32$1.54$4.90$5.16$0.25
2023Detailed filing. Detailed filing data is available for this year.$3.18$1.39$1.79$4.71$4.24$0.48
2022Detailed filing. Detailed filing data is available for this year.$2.56$1.25$1.31$2.64$3.04$0.40
2021Detailed filing. Detailed filing data is available for this year.$2.12$0.41$1.71$2.02$2.13$0.11
2020Detailed filing. Detailed filing data is available for this year.$2.17$0.35$1.82$1.66$1.61$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.09$0.31$1.77$1.78$2.09$0.31
2018Detailed filing. Detailed filing data is available for this year.$2.39$0.30$2.09$1.74$1.91$0.16
2017Detailed filing. Detailed filing data is available for this year.$2.54$0.29$2.25$1.75$1.73$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.49$0.26$2.23$2.09$2.00$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.36$0.22$2.14$2.38$1.88$0.50
2014Detailed filing. Detailed filing data is available for this year.$1.93$0.29$1.64$2.06$1.78$0.28
2013Detailed filing. Detailed filing data is available for this year.$1.59$0.23$1.36$1.63$1.61$0.02
2012Summary only. Only limited summary data is available for this year.$1.41$0.07$1.34$1.81$1.65$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.20$1.18$1.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.04$1.09$1.86