Civic Intelligence

Oklahoma City Economic Development Foundation Inc.

990 • Fiscal year 2021 • EIN 73-1123147

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

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

67th percentile

0.19x

Higher debt load relative to assets than 67% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

65th percentile

0.20x

Higher debt load relative to revenue than 65% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

19th percentile

-5.4%

Higher net margin than 19% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

98th percentile

$628,250

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 31.1% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

20th percentile

-2.2%

Faster asset growth than 20% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

22%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$2,119,683

Down $48,042 (-2.2%) from 2020

Net Assets

Down

$1,712,998

Down $108,478 (-6.0%) from 2020

Liabilities

Up

$406,685

Up $60,436 (+17%) from 2020

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin19th percentile

Revenue

Up

$2,021,989

Up $364,842 (+22%) from 2020

Expenses

Up

$2,130,467

Up $521,044 (+32%) from 2020

Net Income

Down

-$108,478

Down $156,202 (-327%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth20th 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

2021

Assets$2,119,683
Liabilities$406,685
Net Assets$1,712,998
Open 2021 Filing

Operations Trend

Revenue Growth60th 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

2021

Revenue$2,021,989
Expenses$2,130,467
Net Income-$108,478
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.2
Gross Receipts
$2,061,971
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$1,019,389$916,560▼ $102,829
Land, Buildings, and Equipment, Net$787,567$715,286▼ $72,281
Accounts Receivable$332,144$352,536▲ $20,392
Prepaid Expenses and Deferred Charges$28,625$135,301▲ $106,676
Total Assets$2,167,725$2,119,683▼ $48,042
Liabilities
Deferred Revenue$320,561$281,715▼ $38,846
Accounts Payable and Accrued Expenses$25,688$124,970▲ $99,282
Total Liabilities$346,249$406,685▲ $60,436
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,012,054$920,490▼ $91,564
Net Assets With Donor Restrictions$809,422$792,508▼ $16,914
Total Net Assets Fund Balance$1,821,476$1,712,998▼ $108,478
Total Liabilities and Net Assets / Fund Balance$2,167,725$2,119,683▼ $48,042

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$714,363$1,191,625$1,905,988
Equipment$923$274,328$275,251
Compensation and Service Providers
Top Officer Pay98th percentile

Board Members and Trustees

NameTitle
Trauschke SeanChair of the Board
Kirk PercyImmediate Past Chair
Williams RoyPresident & CEO
Denny Barbara LCFO/VP of Operations
Rainbolt DavidCorporate Secretary
Hart JohnTreasurer
Krieger BradleyV.c - Government Relations
Prescott StephenV.c. - Bioscience & Technology
Hooper RhondaV.c. - Business/economic Inclusion
Lance BillV.c. - Community Initiatives
Shirley NatalieV.c. - Convention & Visitor Development
Shortridge KentV.c. - Economic Development
Rose Crook TeresaV.c. - Education
Hager DavidV.c. - Forward Oklahoma City
Mcdaniel TomV.c. - Maps Development
Meyer Jenny LoveV.c. - Marketing & Communi
Hahn SteveV.c. - Membership
Hatfield JudyV.c. - Military & Aerospace
Bennett ClaytonV.c. - Strategic Planning
Nichols J LarryV.c. - Strategic Planning
Revenue and Support

Revenue Composition

Contributions and Grants
$599,252
Program Service Revenue
$1,423,075
Investment Income
$-338
Other Revenue
$0
All Other Contributions
$599,252
Change in Net Assets
$-108,478

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$39,565Fair Market Value (FMV)
Total Noncash Contributions1$39,565-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,453,102
Grants and Similar Amounts Paid$677,365
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$677,365--$677,365
Fees for Services Other$411,086--$411,086
Advertising$232,768--$232,768
Information Technology$225,288--$225,288
Fees for Services Management-$100,000-$100,000
Conferences and Meetings$83,512--$83,512
Depreciation Depletion-$72,282-$72,282
Travel$38,209--$38,209
Occupancy-$15,937-$15,937
Fees for Services Accounting-$10,804-$10,804
Other Expenses$6,620--$6,620
Office Expenses$2,177$133-$2,310
Insurance-$1,215-$1,215
Total Functional Expenses$1,930,096$200,371$0$2,130,467
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greater Okc Chamber of CommerceOklahoma City, OK501(c)(6)Economic Development$677,365
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
2022-11-11
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

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting services: program service expenses 382,636. Management and general expenses 0. Fundraising expenses 0. Total expenses 382,636. Freelance writers and designers: program service expenses 3,450. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,450. Special studies research: program service expenses 25,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,000.”

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.”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0416669
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
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/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt19228279
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CORPORATE SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5V.C. - BUSINESS/ECONOMIC INCLUSION
IRS990/Form990PartVIISectionAGrp/TitleTxt6V.C. - CONVENTION & VISITOR DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7V.C. - ECONOMIC DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8V.C. - EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt9V.C. - FORWARD OKLAHOMA CITY
IRS990/Form990PartVIISectionAGrp/TitleTxt10V.C - GOVERNMENT RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt11V.C. - MAPS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12V.C. - MARKETING & COMMUNI
IRS990/Form990PartVIISectionAGrp/TitleTxt13V.C. - COMMUNITY INITIATIVES
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/TitleTxt18V.C. - BIOSCIENCE & TECHNOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt19CFO/VP OF OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-417
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0677365
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0677365
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt039565
IRS990/GrossReceiptsAmt02061971
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0225288
IRS990/InformationTechnologyGrp/TotalAmt0225288
IRS990/InsuranceGrp/ManagementAndGeneralAmt01215
IRS990/InsuranceGrp/TotalAmt01215
IRS990/InvestmentIncomeGrp/ExclusionAmt079
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt079
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01465953
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0787567
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0715286
IRS990/LandBldgEquipCostOrOtherBssAmt02181239
IRS990/LegalDomicileStateCd0OK
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt039982
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/NetAssetsOrFundBalancesBOYAmt01821476
IRS990/NetAssetsOrFundBalancesEOYAmt01712998
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-417
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-417
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01012054
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0920490
IRS990/NoncashContributionsAmt039982
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt015937
IRS990/OccupancyGrp/TotalAmt015937
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0133
IRS990/OfficeExpensesGrp/ProgramServicesAmt02177
IRS990/OfficeExpensesGrp/TotalAmt02310
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/ProgramServicesAmt0221650
IRS990/OtherExpensesGrp/ProgramServicesAmt131421
IRS990/OtherExpensesGrp/ProgramServicesAmt26620
IRS990/OtherExpensesGrp/TotalAmt0221650
IRS990/OtherExpensesGrp/TotalAmt131421
IRS990/OtherExpensesGrp/TotalAmt26620
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028625
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0135301
IRS990/PrincipalOfficerNm0ROY H WILLIAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc3PROGRAM & ACTIVITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01226813
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1100000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt294762
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01226813
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1100000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt294762
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31500
IRS990/ProgSrvcAccomActy2Grp/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/ProgSrvcAccomActy2Grp/ExpenseAmt0823195
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0677365
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0307500
IRS990/ProgSrvcAccomActy3Grp/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/ProgSrvcAccomActy3Grp/ExpenseAmt087588
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt096262
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0414481
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0418415
IRS990/PYInvestmentIncomeAmt01124
IRS990/PYOtherExpensesAmt01191008
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01241542
IRS990/PYRevenuesLessExpensesAmt047724
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01609423
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01657147
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-108478
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01019313
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01019389
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0916560
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 ANNUALLY PREPARED PRO FORMA PUBLIC SUPPORT TEST CALCULATION FOR FORM 990, SCHEDULE A, PART III.

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,119,683
Liabilities
$406,685
Net assets
$1,712,998
Revenue
$2,021,989
Expenses
$2,130,467
Net income
-$108,478
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