Civic Intelligence

Miami Area Economic Development Service Inc.

990 • Fiscal year 2022 • EIN 73-1263634

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileWWW.MIAMI-OK.ORG
11 South Main StreetMiami, OK 74354-6309

(918) 542-8405

Siviq Scores

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

Liabilities / Assets

67th percentile

0.18x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

23.85x

Higher debt load relative to revenue than 99% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

79th percentile

29%

Higher net margin than 79% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

41st percentile

$14,954

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 43.9% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

50th percentile

1.2%

Faster asset growth than 50% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

2nd percentile

-84%

Faster revenue growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$4,410,039

Up $54,383 (+1.2%) from 2021

Net Assets

Up

$3,597,979

Up $66,074 (+1.9%) from 2021

Liabilities

Down

$812,060

Down $11,691 (-1.4%) from 2021

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin79th percentile

Revenue

Down

$34,046

Down $178,119 (-84%) from 2021

Expenses

Down

$24,200

Down $227,892 (-90%) from 2021

Net Income

Up

$9,846

Up $49,773 (+125%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,792,786Liabilities 2011: $1,206,509Net Assets 2011: $3,586,2772011Assets 2012: $4,765,399Liabilities 2012: $1,081,394Net Assets 2012: $3,684,0052012Assets 2013: $4,732,850Liabilities 2013: $971,225Net Assets 2013: $3,761,6252013Assets 2014: $4,482,438Liabilities 2014: $667,553Net Assets 2014: $3,814,8852014Assets 2015: $3,857,481Liabilities 2015: $24,564Net Assets 2015: $3,832,9172015Assets 2016: $5,010,422Liabilities 2016: $1,143,215Net Assets 2016: $3,867,2072016Assets 2017: $5,094,046Liabilities 2017: $1,285,615Net Assets 2017: $3,808,4312017Assets 2018: $5,002,199Liabilities 2018: $1,295,035Net Assets 2018: $3,707,1642018Assets 2019: $4,950,552Liabilities 2019: $1,285,261Net Assets 2019: $3,665,2912019Assets 2020: $4,594,665Liabilities 2020: $1,019,409Net Assets 2020: $3,575,2562020Assets 2021: $4,355,656Liabilities 2021: $823,751Net Assets 2021: $3,531,9052021Assets 2022: $4,410,039Liabilities 2022: $812,060Net Assets 2022: $3,597,9792022Assets 2023: $2,954,075Liabilities 2023: $5,119Net Assets 2023: $2,948,9562023Assets 2024: $2,668,699Liabilities 2024: $2,568Net Assets 2024: $2,666,1312024

Highlighted filing

2022

Assets$4,410,039
Liabilities$812,060
Net Assets$3,597,979
Open 2022 Filing

Operations Trend

Revenue Growth2nd percentile

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

$500K$0-$500K-$1.0MRevenue 2011: $387,293Expenses 2011: $237,295Net Income 2011: $149,9982011Expenses 2012: $200,1102012Revenue 2013: $286,605Expenses 2013: $208,984Net Income 2013: $77,6212013Revenue 2014: $263,289Expenses 2014: $210,029Net Income 2014: $53,2602014Revenue 2015: $228,144Expenses 2015: $210,112Net Income 2015: $18,0322015Revenue 2016: $250,679Expenses 2016: $216,389Net Income 2016: $34,2902016Revenue 2017: $274,811Expenses 2017: $333,589Net Income 2017: -$58,7782017Revenue 2018: $226,330Expenses 2018: $286,295Net Income 2018: -$59,9652018Revenue 2019: $218,255Expenses 2019: $232,728Net Income 2019: -$14,4732019Revenue 2020: $210,366Expenses 2020: $247,216Net Income 2020: -$36,8502020Revenue 2021: $212,165Expenses 2021: $252,092Net Income 2021: -$39,9272021Revenue 2022: $34,046Expenses 2022: $24,200Net Income 2022: $9,8462022Revenue 2023: -$435,614Expenses 2023: $172,640Net Income 2023: -$608,2542023Revenue 2024: $205,622Expenses 2024: $182,630Net Income 2024: $22,9922024

Highlighted filing

2022

Revenue$34,046
Expenses$24,200
Net Income$9,846
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$34,046
Mission and Program Overview

Mission

To provide expansion and location assistance to existing and new businesses in northeastern Oklahoma.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,980,443$1,973,371▼ $7,072
Accounts Receivable$1,246,228$1,372,933▲ $126,705
Savings and Temporary Cash Investments$1,012,941$953,242▼ $59,699
Cash and Non-Interest-Bearing Accounts$115,929$110,378▼ $5,551
Total Assets$4,355,656$4,410,039▲ $54,383
Other Assets Total$115$115→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$812,060$812,060→ $0
Accounts Payable and Accrued Expenses$11,691--
Total Liabilities$823,751$812,060▼ $11,691
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,531,905$3,597,979▲ $66,074
Total Net Assets Fund Balance$3,531,905$3,597,979▲ $66,074
Total Liabilities and Net Assets / Fund Balance$4,355,656$4,410,039▲ $54,383

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,964,725$2,173-
Other Land Buildings$6,787$34,341-
Equipment$1,859$50,963-
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Shannon DuhonDirectorFT$14,954$14,954

Board Members and Trustees

NameTitle
Ethel CookChairman
Rudy SchultzPast Chairma
Art CousatteVice-chairma
Amanda DavisMember
Bo ReeseMember
Brett HayesMember
Jason BlevinsMember
Kyle StaffordMember
Nick HighsmithMember
Pat JurgensmeyerMember
Heather LillardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$17,869
Program Service Revenue
$14,374
Investment Income
$252
Other Revenue
$1,551
All Other Contributions
$17,869
Change in Net Assets
$9,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,143
Other Expenses$8,057
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$14,954-$14,954
Fees for Services Accounting-$1,895-$1,895
Insurance-$1,264-$1,264
Payroll Taxes-$1,189-$1,189
Office Expenses$247$522-$769
Occupancy-$499-$499
Conferences and Meetings-$450-$450
Fees for Services Legal-$260-$260
Other Expenses-$188-$188
Travel-$9-$9
Total Functional Expenses$247$23,953$0$24,200
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Tax return is reviewed by the president and board of directors of the organization.”

Form 990, Page 6, Part VI, Line 15A

“All compensation is reviewed by management officials.”

Form 990, Page 6, Part VI, Line 15B

“All compensation is reviewed and approved by the board of directors of the organization”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Miami Area Economic Development
EIN
73-1263634
Phone
9185428405
Address
11 SOUTH MAIN STREET, MIAMI, OK 74354-6309

Signing Officer

Name
Shannon Duhon
Title
Director
Phone
9185428405
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shannon Duhon
Formed
1985
Voting Board Members
12
Independent Board Members
12
Employees
1

Preparer

Firm
Ober & Littlefield Cpas
Address
124 S MAIN ST, MIAMI, OK 74354
Preparer
Christie Littlefield
Phone
9185424401
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Community development block grant loan administration fund, oklahoma local entrepreneur assistance program admistration fund, usda rural development fund, micro loan program fund”

Form 990, Part XI, Line 9

“Book / tax depreciation difference -3,072”

Raw XML AppendixShowing 400 of 407 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt011691
IRS990/AccountsReceivableGrp/BOYAmt01246228
IRS990/AccountsReceivableGrp/EOYAmt01372933
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE EXPANSION AND LOCATION ASSISTANCE TO EXISTING AND NEW BUSINESSES IN NORTHEASTERN OKLAHOMA.
IRS990/AllOtherContributionsAmt017869
IRS990/BooksInCareOfDetail/PersonNm0HEATHER LILLARD
IRS990/BooksInCareOfDetail/PhoneNum09185428405
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011 S MAIN ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIAMI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd074354
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0115929
IRS990/CashNonInterestBearingGrp/EOYAmt0110378
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt014954
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt014954
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0450
IRS990/ConferencesMeetingsGrp/TotalAmt0450
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt017869
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0252
IRS990/CYOtherExpensesAmt08057
IRS990/CYOtherRevenueAmt01551
IRS990/CYProgramServiceRevenueAmt014374
IRS990/CYRevenuesLessExpensesAmt09846
IRS990/CYSalariesCompEmpBnftPaidAmt016143
IRS990/CYTotalExpensesAmt024200
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt034046
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0MAEDS REVOLVING LOAN FUND
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0163
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01895
IRS990/FeesForServicesAccountingGrp/TotalAmt01895
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0260
IRS990/FeesForServicesLegalGrp/TotalAmt0260
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0SHANNON DUHON
IRS990/Form990PartVIISectionAGrp/PersonNm1ETHEL COOK
IRS990/Form990PartVIISectionAGrp/PersonNm2ART COUSATTE
IRS990/Form990PartVIISectionAGrp/PersonNm3HEATHER LILLARD
IRS990/Form990PartVIISectionAGrp/PersonNm4RUDY SCHULTZ
IRS990/Form990PartVIISectionAGrp/PersonNm5JASON BLEVINS
IRS990/Form990PartVIISectionAGrp/PersonNm6AMANDA DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm7BRETT HAYES
IRS990/Form990PartVIISectionAGrp/PersonNm8NICK HIGHSMITH
IRS990/Form990PartVIISectionAGrp/PersonNm9PAT JURGENSMEYER
IRS990/Form990PartVIISectionAGrp/PersonNm10BO REESE
IRS990/Form990PartVIISectionAGrp/PersonNm11KYLE STAFFORD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt014954
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt034046
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01264
IRS990/InsuranceGrp/TotalAmt01264
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0252
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0252
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt087477
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01980443
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01973371
IRS990/LandBldgEquipCostOrOtherBssAmt02060848
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE EXPANSION AND LOCATION ASSISTANCE TO EXISTING AND NEW BUSINESSES IN NORTHEASTERN OKLAHOMA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0812060
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0812060
IRS990/NetAssetsOrFundBalancesBOYAmt03531905
IRS990/NetAssetsOrFundBalancesEOYAmt03597979
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03531905
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03597979
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0499
IRS990/OccupancyGrp/TotalAmt0499
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0522
IRS990/OfficeExpensesGrp/ProgramServicesAmt0247
IRS990/OfficeExpensesGrp/TotalAmt0769
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0115
IRS990/OtherAssetsTotalGrp/EOYAmt0115
IRS990/OtherChangesInNetAssetsAmt0-3072
IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1AUTO EXPENSES
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01530
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11193
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2188
IRS990/OtherExpensesGrp/TotalAmt01530
IRS990/OtherExpensesGrp/TotalAmt11193
IRS990/OtherExpensesGrp/TotalAmt2188
IRS990/OtherRevenueMiscGrp/Desc0SPECIAL EVENT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01551
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01551
IRS990/OtherRevenueTotalAmt01551
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01189
IRS990/PayrollTaxesGrp/TotalAmt01189
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SHANNON DUHON
IRS990/PriorPeriodAdjustmentsAmt059300
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522299
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014374
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014374
IRS990/ProgSrvcAccomActy2Grp/Desc0ECONOMIC DEVELOPMENT AND LOCAL ENTREPENEUR LOAN FUND
IRS990/ProgSrvcAccomActy3Grp/Desc0REVOLVING LOAN ADMINISTRATION FUND
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNITY DEVELOPMENT BLOCK GRANT LOAN ADMINISTRATION FUND, OKLAHOMA LOCAL ENTREPRENEUR ASSISTANCE PROGRAM ADMISTRATION FUND, USDA RURAL DEVELOPMENT FUND, MICRO LOAN PROGRAM FUND
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt084
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0110065
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02022
IRS990/PYOtherExpensesAmt0118326
IRS990/PYOtherRevenueAmt011025
IRS990/PYProgramServiceRevenueAmt089053
IRS990/PYRevenuesLessExpensesAmt0-39927
IRS990/PYSalariesCompEmpBnftPaidAmt0133766
IRS990/PYTotalExpensesAmt0252092
IRS990/PYTotalRevenueAmt0212165
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt09846
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01012941
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0953242
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0429,498
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt017869
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt087433
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt068430
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0114892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt099652
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0388276
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0252
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06585
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08758
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04738
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt022355
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt016177
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt014374
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0100078
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt098501
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt094605
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0121940
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0429498
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.46220
IRS990ScheduleA/PublicSupportPY170Pct00.46510
IRS990ScheduleA/PublicSupportTotal170Amt0388276
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt017869
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt087433
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt068430
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0114892
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt099652
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0388276
IRS990ScheduleA/TotalSupportAmt0840129
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01964725
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02173
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01966898
IRS990ScheduleD/EquipmentGrp/BookValueAmt01859
IRS990ScheduleD/EquipmentGrp/DepreciationAmt050963
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt052822
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06787
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt034341
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt041128
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01973371
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMUNITY DEVELOPMENT BLOCK GRANT LOAN ADMINISTRATION FUND, OKLAHOMA LOCAL ENTREPRENEUR ASSISTANCE PROGRAM ADMISTRATION FUND, USDA RURAL DEVELOPMENT FUND, MICRO LOAN PROGRAM FUND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAX RETURN IS REVIEWED BY THE PRESIDENT AND BOARD OF DIRECTORS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COMPENSATION IS REVIEWED BY MANAGEMENT OFFICIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOOK / TAX DEPRECIATION DIFFERENCE -3,072
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04355656
IRS990/TotalAssetsEOYAmt04410039
IRS990/TotalAssetsGrp/BOYAmt04355656
IRS990/TotalAssetsGrp/EOYAmt04410039
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt017869
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023953
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0247
IRS990/TotalFunctionalExpensesGrp/TotalAmt024200
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0823751
IRS990/TotalLiabilitiesEOYAmt0812060
IRS990/TotalLiabilitiesGrp/BOYAmt0823751
IRS990/TotalLiabilitiesGrp/EOYAmt0812060
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03531905
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03597979
IRS990/TotalOtherProgSrvcExpenseAmt084
IRS990/TotalProgramServiceExpensesAmt0247
IRS990/TotalProgramServiceRevenueAmt014374
IRS990/TotalReportableCompFromOrgAmt014954
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016177
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt034046
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04355656
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04410039
IRS990/TravelGrp/ManagementAndGeneralAmt09
IRS990/TravelGrp/TotalAmt09
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.MIAMI-OK.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHANNON DUHON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09185428405
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIAMI AREA ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SERVICE INC
ReturnHeader/Filer/BusinessNameControlTxt0MIAM
ReturnHeader/Filer/EIN0731263634
ReturnHeader/Filer/PhoneNum09185428405
ReturnHeader/Filer/USAddress/AddressLine1Txt011 SOUTH MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0MIAMI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd0743546309
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474648903
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OBER & LITTLEFIELD CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0124 S MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd074354
ReturnHeader/PreparerPersonGrp/PhoneNum09185424401
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTIE LITTLEFIELD

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,410,039
Liabilities
$812,060
Net assets
$3,597,979
Revenue
$34,046
Expenses
$24,200
Net income
$9,846
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$0.21$0.18$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.95$0.01$2.95$0.44$0.17$0.61
2022Detailed filing. Detailed filing data is available for this year.$4.41$0.81$3.60$0.03$0.02$0.01
2021Detailed filing. Detailed filing data is available for this year.$4.36$0.82$3.53$0.21$0.25$0.04
2020Detailed filing. Detailed filing data is available for this year.$4.59$1.02$3.58$0.21$0.25$0.04
2019Detailed filing. Detailed filing data is available for this year.$4.95$1.29$3.67$0.22$0.23$0.01
2018Detailed filing. Detailed filing data is available for this year.$5.00$1.30$3.71$0.23$0.29$0.06
2017Detailed filing. Detailed filing data is available for this year.$5.09$1.29$3.81$0.27$0.33$0.06
2016Summary only. Only limited summary data is available for this year.$5.01$1.14$3.87$0.25$0.22$0.03
2015Summary only. Only limited summary data is available for this year.$3.86$0.02$3.83$0.23$0.21$0.02
2014Summary only. Only limited summary data is available for this year.$4.48$0.67$3.81$0.26$0.21$0.05
2013Summary only. Only limited summary data is available for this year.$4.73$0.97$3.76$0.29$0.21$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.77$1.08$3.68$0.20
2011Summary only. Only limited summary data is available for this year.$4.79$1.21$3.59$0.39$0.24$0.15
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $1M-$5M nonprofits