Civic Intelligence

Oklahoma Hbpa Inc

EIN 73-1421672 • 501(c)6 • Oklahoma City, OK

Profile

Promote relations between horsemen, provide education and research to members and represent association members in negotiations with racetracks.

One Remington PlaceOklahoma City, OK 73111

traoracing.com

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

13th percentile

0.00x

Higher debt load relative to revenue than 13% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

77th percentile

16%

Higher net margin than 77% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

57th percentile

7.9%

Faster asset growth than 57% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

33rd percentile

1.3%

Faster revenue growth than 33% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,589,544

Up $189,753 (+7.9%) from 2022

Liabilities

Down

$747

Down $1,800 (-71%) from 2022

Net Assets

Up

$2,588,797

Up $191,553 (+8.0%) from 2022

Revenue

Up

$1,237,587

Up $16,207 (+1.3%) from 2022

Expenses

Up

$1,045,328

Up $143,682 (+16%) from 2022

Net Income

Down

$192,259

Down $127,475 (-40%) from 2022

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $1,468,496Liabilities 2010: $2,223Net Assets 2010: $1,466,2732010Assets 2011: $1,738,621Liabilities 2011: $3,608Net Assets 2011: $1,735,0132011Assets 2012: $2,312,633Liabilities 2012: $350,657Net Assets 2012: $1,961,9762012Assets 2013: $2,162,704Liabilities 2013: $182,892Net Assets 2013: $1,979,8122013Assets 2014: $1,877,708Liabilities 2014: $37,662Net Assets 2014: $1,840,0462014Assets 2015: $1,928,408Liabilities 2015: -$22,057Net Assets 2015: $1,950,4652015Assets 2016: $1,984,355Liabilities 2016: $129,126Net Assets 2016: $1,855,2292016Assets 2017: $1,914,871Liabilities 2017: $139,006Net Assets 2017: $1,775,8652017Assets 2018: $1,920,542Liabilities 2018: $4,704Net Assets 2018: $1,915,8382018Assets 2019: $1,735,772Liabilities 2019: $6,350Net Assets 2019: $1,729,4222019Assets 2020: $1,607,277Liabilities 2020: $61,663Net Assets 2020: $1,545,6142020Assets 2021: $1,995,790Liabilities 2021: $4,856Net Assets 2021: $1,990,9342021Assets 2022: $2,399,791Liabilities 2022: $2,547Net Assets 2022: $2,397,2442022Assets 2023: $2,589,544Liabilities 2023: $747Net Assets 2023: $2,588,7972023

Highlighted filing

2023

Assets$2,589,544
Liabilities$747
Net Assets$2,588,797

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $837,0892010Expenses 2011: $1,067,1952011Expenses 2012: $1,311,1562012Revenue 2013: $1,466,221Expenses 2013: $1,448,385Net Income 2013: $17,8362013Revenue 2014: $1,499,747Expenses 2014: $1,646,342Net Income 2014: -$146,5952014Revenue 2015: $1,577,660Expenses 2015: $1,467,362Net Income 2015: $110,2982015Revenue 2016: $1,532,973Expenses 2016: $1,445,893Net Income 2016: $87,0802016Revenue 2017: $1,348,864Expenses 2017: $1,435,507Net Income 2017: -$86,6432017Revenue 2018: $1,388,739Expenses 2018: $1,262,226Net Income 2018: $126,5132018Revenue 2019: $1,480,834Expenses 2019: $1,668,080Net Income 2019: -$187,2462019Revenue 2020: $986,058Expenses 2020: $1,166,189Net Income 2020: -$180,1312020Revenue 2021: $1,257,257Expenses 2021: $868,891Net Income 2021: $388,3662021Revenue 2022: $1,221,380Expenses 2022: $901,646Net Income 2022: $319,7342022Revenue 2023: $1,237,587Expenses 2023: $1,045,328Net Income 2023: $192,2592023

Highlighted filing

2023

Revenue$1,237,587
Expenses$1,045,328
Net Income$192,259

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.59$0.00$2.59$1.24$1.05$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.40$0.00$2.40$1.22$0.90$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.00$1.99$1.26$0.87$0.39
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.06$1.55$0.99$1.17$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$0.01$1.73$1.48$1.67$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.00$1.92$1.39$1.26$0.13
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.14$1.78$1.35$1.44$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.13$1.86$1.53$1.45$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.93$0.02$1.95$1.58$1.47$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.88$0.04$1.84$1.50$1.65$0.15
2013Detailed filing. Detailed filing data is available for this year.$2.16$0.18$1.98$1.47$1.45$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$0.35$1.96$1.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.00$1.74$1.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$0.84
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 15, 2021
Return Version
2020v4.0
Gross Receipts
$986,058
Mission and Program Overview

Mission

Promote relations between horsemen, provide education and research to members and represent association members in negotiations with racetracks.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,158,013$725,712▼ $432,301
Cash and Non-Interest-Bearing Accounts$393,605$709,421▲ $315,816
Land, Buildings, and Equipment, Net$184,154$172,144▼ $12,010
Total Assets$1,735,772$1,607,277▼ $128,495
Liabilities
Other Liabilities$6,350$61,663▲ $55,313
Total Liabilities$6,350$61,663▲ $55,313
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,729,422$1,545,614▼ $183,808
Total Net Assets Fund Balance$1,729,422$1,545,614▼ $183,808
Total Liabilities and Net Assets / Fund Balance$1,735,772$1,607,277▼ $128,495

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$161,988$33,597$195,585
Equipment$10,156$35,797$45,953
Compensation and Service Providers

Board Members and Trustees

NameTitle
Boyd CasterDirector
Bryan HawkDirector
C R TroutDirector
Danny CaldwellDirector
David FaulknerDirector
Joe OffolterDirector
Kenny NolanDirector
Michael MajorsDirector
Mike BiehlerDirector
Randy BlairDirector
Robert ZoellnerDirector
Scott YoungDirector
Teresa LuneackDirector
Joe LucasExecutive Vi
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$977,333
Investment Income
$8,725
Other Revenue
$0
Change in Net Assets
$-180,131

Audited Revenue Reconciliation

Revenue per Audited Statements
$986,058
Total Revenue per Audited Statements
$986,058
Total Revenue per Form 990
$986,058
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$757,229
Salaries, Compensation, and Employee Benefits$408,960
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$499,795--$499,795
Other Salaries and Wages$271,093$90,365-$361,458
Advertising$57,669$19,223-$76,892
Fees for Services Lobbying$71,500--$71,500
Office Expenses$24,195$8,066-$32,261
Payroll Taxes$20,290$6,764-$27,054
Fees for Services Legal$18,325$6,109-$24,434
Fees for Services Accounting$16,160$5,387-$21,547
Other Employee Benefits$15,336$5,112-$20,448
Conferences and Meetings$9,115$3,039-$12,154
Occupancy$4,538$1,513-$6,051
Information Technology$3,847$1,282-$5,129
Insurance$3,818$1,273-$5,091
Travel$1,781$594-$2,375
Total Functional Expenses$1,017,462$148,727$0$1,166,189

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,178,199
Expenses per Audited Statements$1,166,189
Total Expenses per Form 990$1,166,189
Expenses Not Reported on Form 990$12,010
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$7,150
Total Nondeductible Lobbying and Political Cost$7,150
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Loan$60,161
Payroll Tax Liability$1,502
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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, Page 6, Part VI, Line 7A

The membership votes by secret ballot to elect the governing board. These ballots are sent via us mail to an independent cpa for certification.

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

The 990 is presented to the board by the executive director for review. A board member will sign and submit the form.

Form 990, Page 6, Part VI, Line 12C

A. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. B. If, after hearing the members response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

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

There is no compensation for directors and officers. Compensation for key employees set by the board.

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

There is no compensation for directors and officers. Compensation for key employees set by the board.

Form 990, Page 6, Part VI, Line 18

The documents can be viewed at the association offices upon written request.

Form 990, Page 6, Part VI, Line 19

The documents can be viewed at the association offices upon written request.

Filing and Contact Details

Filer

Filer Name
National Hbpa Inc
EIN
73-1421672
Phone
4054278753
Address
ONE REMINGTON PLACE, OKLAHOMA CITY, OK 73111
Doing Business As
Oklahoma Hbpa Inc

Signing Officer

Name
Danielle Barber
Title
Executive Director
Phone
4054278753
Signed
2021-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Danielle Barber
Formed
1993
Legal Domicile
Ok
Voting Board Members
14
Independent Board Members
13
Employees
4

Preparer

Firm
H Ric Hedges Attorney
Address
PO BOX 32734, OKLAHOMA CITY, OK 73123-0934
Preparer
H Ric Hedges
Phone
9186299994
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

3 year old stakes 49,820 0 0 awards banquet 1,721 0 0 campaign technologies 9,035 0 0 classics 378,052 0 0 donations 200 0 0 elections 337 0 0 groom of the week 2,549 0 0 industry relations/sponsorshi 13,216 0 0 meetings 631 0 0 membership dues & subscriptio 25,000 0 0 ohrc 25 0 0 payroll expenses 792 0 0 public relations 2,500 0 0 subscriptions 3,089 0 0 taxes 1,503 0 0 temporary staffing 11,325 0 0 total 499,795 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference -12,010 taxes 0 total -12,010

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

Book / tax depreciation difference 12,010

Raw XML AppendixShowing 400 of 409 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/NondeductibleContributionsInd0false
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IRS990/OfficeExpensesGrp/TotalAmt032261
IRS990/OfficerMailingAddressInd0false
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IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06764
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IRS990/ProgramServiceRevenueGrp/Desc0NON-STATUTORY INCOME
IRS990/ProgramServiceRevenueGrp/Desc1GAMING INCOME
IRS990/ProgramServiceRevenueGrp/Desc2PURSE DEDUCTION INCOME
IRS990/ProgramServiceRevenueGrp/Desc3PTF
IRS990/ProgramServiceRevenueGrp/Desc4REIMBURSEMENTS
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1265616
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2165492
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IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
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IRS990ScheduleD/EquipmentGrp/BookValueAmt010156
IRS990ScheduleD/EquipmentGrp/DepreciationAmt035797
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IRS990ScheduleD/OtherExpensesIncludedAmt012010
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SBA LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAX LIABILITY
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 12,010
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalExpensesPerForm990Amt01166189
IRS990ScheduleD/TotalLiabilityAmt061663
IRS990ScheduleD/TotalRevenuePerForm990Amt0986058
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERSHIP VOTES BY SECRET BALLOT TO ELECT THE GOVERNING BOARD. THESE BALLOTS ARE SENT VIA US MAIL TO AN INDEPENDENT CPA FOR CERTIFICATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PRESENTED TO THE BOARD BY THE EXECUTIVE DIRECTOR FOR REVIEW. A BOARD MEMBER WILL SIGN AND SUBMIT THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE MEMBERS RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE IS NO COMPENSATION FOR DIRECTORS AND OFFICERS. COMPENSATION FOR KEY EMPLOYEES SET BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE IS NO COMPENSATION FOR DIRECTORS AND OFFICERS. COMPENSATION FOR KEY EMPLOYEES SET BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE DOCUMENTS CAN BE VIEWED AT THE ASSOCIATION OFFICES UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE DOCUMENTS CAN BE VIEWED AT THE ASSOCIATION OFFICES UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt73 YEAR OLD STAKES 49,820 0 0 AWARDS BANQUET 1,721 0 0 CAMPAIGN TECHNOLOGIES 9,035 0 0 CLASSICS 378,052 0 0 DONATIONS 200 0 0 ELECTIONS 337 0 0 GROOM OF THE WEEK 2,549 0 0 INDUSTRY RELATIONS/SPONSORSHI 13,216 0 0 MEETINGS 631 0 0 MEMBERSHIP DUES & SUBSCRIPTIO 25,000 0 0 OHRC 25 0 0 PAYROLL EXPENSES 792 0 0 PUBLIC RELATIONS 2,500 0 0 SUBSCRIPTIONS 3,089 0 0 TAXES 1,503 0 0 TEMPORARY STAFFING 11,325 0 0 TOTAL 499,795 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOOK / TAX DEPRECIATION DIFFERENCE -12,010 TAXES 0 TOTAL -12,010
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990/TotalProgramServiceExpensesAmt01017462
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0986058
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0986058
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01735772
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01607277
IRS990/TravelGrp/ManagementAndGeneralAmt0594
IRS990/TravelGrp/ProgramServicesAmt01781
IRS990/TravelGrp/TotalAmt02375
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011408 NW 109TH STREET
IRS990/USAddress/CityNm0YUKON
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd073099
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0HTTP://TRAORACING.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIELLE BARBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04054278753
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL HBPA INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRAO
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0731421672
ReturnHeader/Filer/PhoneNum04054278753
ReturnHeader/Filer/USAddress/AddressLine1Txt0ONE REMINGTON PLACE
ReturnHeader/Filer/USAddress/CityNm0OKLAHOMA CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073111
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731529616
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0H RIC HEDGES ATTORNEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 32734
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OKLAHOMA CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0731230934
ReturnHeader/PreparerPersonGrp/PhoneNum09186299994
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-12

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