PROGRESS OKC A COMMUNITY DEVELOPMENT CORPORATION INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PROGRESS OKC A COMMUNITY DEVELOPMENT CORPORATION INC (EIN 81-1435304)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-10
- IRS object ID
- 202203149349301745
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-10T10:19:05-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 811435304 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROGRESS OKC CDC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % KEITH KUHLMAN | InCareOfNm |
| Business Name Control | PROG | BusinessNameControlTxt |
| Phone | 4056046780 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 105 N HUDSON AVENUE Ste 101 | AddressLine1Txt |
| City | OKLAHOMA CITY | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 73102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEITH KUHLMAN | PersonNm |
| Person Title | INTERIM EXEC DIRECTOR | PersonTitleTxt |
| Phone | 4056046780 | PhoneNum |
| Signature | 2022-11-10 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KEITH | PersonFirstNm |
| Person Last | KUHLMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 1 | TrustedCustomerCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KEITH KUHLMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 105 N HUDSON AVE Ste 101 | AddressLine1Txt |
| City | OKLAHOMA CITY | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 73102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $869,907 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PROGRESSOKC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2015 | FormationYr |
| Legal Domicile State | OK | LegalDomicileStateCd |
| Activity Or Mission | PROMOTE EMPLOYMENT HOUSING ECONOMIC DEVELOPMENT IN DISADVANTAGED AREAS ADDRESS THE NEEDS OF DISADVANTAGED PERSONS IN OKLAHOMA CITY | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 7 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $395,664 | PYContributionsGrantsAmt |
| CY Contributions Grants | $586,033 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $838,325 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $283,867 | CYProgramServiceRevenueAmt |
| CY Investment Income | $7 | CYInvestmentIncomeAmt |
| PY Other Revenue | $355 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,234,344 | PYTotalRevenueAmt |
| CY Total Revenue | $869,907 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $500 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $882,709 | PYOtherExpensesAmt |
| CY Other Expenses | $293,003 | CYOtherExpensesAmt |
| PY Total Expenses | $886,709 | PYTotalExpensesAmt |
| CY Total Expenses | $293,003 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $347,635 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $576,904 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $741,219 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,349,918 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $190,556 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $222,351 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $550,663 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,127,567 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Strengthen & preserve the social & economic fabric of OKCs underserved communities with programs and partnerships focused on housing and economic stability, quality of place and education. | MissionDesc |
| Significant New Program Srvc | Yes (true) | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $111,798 | ExpenseAmt |
| Revenue | $405 | RevenueAmt |
| Desc | Entrepreneurship & Small Business - accelerates inclusive growth and strengthens small businesses by providing technical assistance and coaching for underserved businesses. Components include networking, industry advice and business planning from vetted experts, technological tools, and culturally competent business skills training and facilitation. The program had 71 contacts with small and minority- owned businesses in 2021 with 21 businesses completing the Accelerator Programs. Progress OKC is working to secure funding to expand program offerings so that many more businesses can be reached and helped in 2022 and beyond. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $77,603 | ExpenseAmt |
| Desc | KIVA Microloans - Progress OKC become the Oklahoma City KIVA hub in 2021. KIVA is an international organization that provides a lending platform and worldwide network of lenders, mentors, and borrowers to facilitate affordable, risk-tolerant microloans. These loans serve as the first rung on the capital ladder to provide funding to excluded small businesses who do not qualify for traditional loans. Fifteen loans totaling $57,800 were made during 2021 and 136 loan applications were pending at December 31, 2021. Progress OKC's goal is to fund at least 100 loans totaling $400,000 by the end of 2024. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $11,190 | ExpenseAmt |
| Revenue | $246,045 | RevenueAmt |
| Desc | Housing - Progress OKC builds homes available to low-to-moderate (LTM) income buyers. Projects are currently funded by HUD HOME Funds. Since the inception of this program, nine homes have been completed and sold. Seven of those homes were sold to LTM income buyers and two were market rate homes. During 2021, lots for continuation of development were under contract and loans for construction, although delayed by COVID-19, were pending final approval. Progress OKC plans to build four single-family affordable homes next year. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|
| $73,675 | $31,417 | Community Service Facility |
| $9,533 | Minority Enterprise Development Week |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $83,208 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $31,417 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $283,799 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Excs Tax Sect4951 Or4952 Or4953 | false | ExcsTaxSect4951Or4952Or4953Ind |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (true) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4056046780 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 105 N HUDSON AVE Ste 101 | AddressLine1Txt |
| City | OKLAHOMA CITY | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 73102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| CHRISTOPHER TURNER | ||||||
| CHAIRMAN | 1.000 | Yes (X) | $0 | $0 | $0 | |
| ASHLEY DICKSON-OSO | ||||||
| VICECHAIRMAN | 1.000 | Yes (X) | $0 | $0 | $0 | |
| RAY DOUGLAS | ||||||
| ASST SECRETARY | 1.000 | Yes (X) | $0 | $0 | $0 | |
| KELLY GRAY | ||||||
| ASST SECRETARY | 1.000 | Yes (X) | $0 | $0 | $0 | |
| JOSEPH H ALLEN | ||||||
| TREASURER | 1.000 | Yes (X) | $0 | $0 | $0 | |
| TERESA GOGGINS | ||||||
| SECRETARY | 1.000 | Yes (X) | $0 | $0 | $0 | |
| LOUIS ALMARAZ | ||||||
| ASST SECRETARY | 1.000 | Yes (X) | $0 | $0 | $0 | |
| KEITH KUHLMAN | ||||||
| INTERIM EXEC DIRECTOR | 20.00 | $0 | $0 | $0 | Yes (X) | |
| CATHERINE O'CONNOR | ||||||
| PRESIDENT | 5.000 | $0 | $0 | $0 | Yes (X) | |
| MAURIANNA ADAMS | ||||||
| EXECUTIVE DIRECTOR | 40.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (true) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NONE | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| All Other Contributions | $586,033 | AllOtherContributionsAmt |
| Total Contributions | $586,033 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LTM HOUSING | 236000 | $246,045 | $246,045 |
| COMM SVC FACILITY | 531120 | $31,417 | $31,417 |
| SERVICE FOR FEES | 611430 | $6,000 | $6,000 |
| ACCELERATOR FEES | 611430 | $405 | $405 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $283,867 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7 | RelatedOrExemptFuncIncomeAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $869,907 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $283,874 | RelatedOrExemptFuncIncomeAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,620 | TotalAmt |
| Program Services | $96,620 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450 | TotalAmt |
| Program Services | $450 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,553 | TotalAmt |
| Program Services | $16,436 | ProgramServicesAmt |
| Management And General | $117 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,214 | TotalAmt |
| Management And General | $4,214 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,417 | TotalAmt |
| Program Services | $31,417 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $237 | TotalAmt |
| Management And General | $237 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $326 | TotalAmt |
| Management And General | $326 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,258 | TotalAmt |
| Program Services | $42,258 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,810 | TotalAmt |
| Management And General | $3,810 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| PROGRAM/TECH ASSISTANCE | $83,017 | $83,017 | |
| MED WEEK EXPENSES | $9,461 | $9,461 | |
| PROGRAM COSTS-OTHER | $4,140 | $4,140 | |
| FUNDRAISING | $500 | $500 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $293,003 | TotalAmt |
| Program Services | $283,799 | ProgramServicesAmt |
| Management And General | $8,704 | ManagementAndGeneralAmt |
| Fundraising | $500 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $405,027 | BOYAmt |
| EOY | $633,978 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $15,007 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $112,500 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,475 | BOYAmt |
| EOY | $3,927 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $55,668 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $43,333 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $422,576 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $183,116 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $281,717 | BOYAmt |
| EOY | $239,460 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $246,045 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $741,219 | BOYAmt |
| EOY | $1,349,918 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,200 | BOYAmt |
| EOY | $45,365 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,356 | BOYAmt |
| EOY | $176,986 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,556 | BOYAmt |
| EOY | $222,351 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,379 | BOYAmt |
| EOY | $246,108 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $385,284 | BOYAmt |
| EOY | $881,459 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $550,663 | BOYAmt |
| EOY | $1,127,567 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $741,219 | BOYAmt |
| EOY | $1,349,918 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $576,904 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $100,060 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $284,078 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,740 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $395,664 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $586,033 | CurrentTaxYearAmt |
| Total | $1,372,575 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $17,127 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $532,937 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $297,281 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $838,680 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $283,867 | CurrentTaxYearAmt |
| Total | $1,969,892 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $117,187 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $817,015 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $304,021 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,234,344 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $869,900 | CurrentTaxYearAmt |
| Total | $3,342,467 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,323 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $480,294 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $286,201 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $813,638 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $260,064 | CurrentTaxYearAmt |
| Total | $1,841,520 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,323 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $480,294 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $286,201 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $813,638 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $260,064 | CurrentTaxYearAmt |
| Total | $1,841,520 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $1,500,947 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $117,187 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $817,015 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $304,021 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,234,344 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $869,900 | CurrentTaxYearAmt |
| Total | $3,342,467 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.44905 | PublicSupportCY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Org Leg Ctrl | false | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | false | DisclosedForCharitablePrpsInd |
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
| Section170h Rqr Stsfd | false | Section170hRqrStsfdInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $422,576 | OtherCostOrOtherBasisAmt |
| Depreciation | $183,116 | DepreciationAmt |
| Book Value | $239,460 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $239,460 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM OCURA LTM Housing net proceeds | Desc |
| Book Value | $246,045 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $246,045 | TotalBookValueOtherAssetsAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt |
|---|
| CHRISTOPHER TURNER |
| CHAIRMAN |
| ASHLEY DICKSON-OSO |
| VICECHAIRMAN |
| RAY DOUGLAS |
| ASST SECRETARY |
| KELLY GRAY |
| ASST SECRETARY |
| JOSEPH H ALLEN |
| TREASURER |
| TERESA GOGGINS |
| SECRETARY |
| LOUIS ALMARAZ |
| ASST SECRETARY |
| KEITH KUHLMAN |
| INTERIM EXEC DIRECTOR |
| CATHERINE O'CONNOR |
| PRESIDENT |
| MAURIANNA ADAMS |
| EXECUTIVE DIRECTOR |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part II | No direct employees or compensation is paid at this time. |
| Part II | Ms. O'Connor, Mr. Kuhlman and Ms. Adams are direct employees |
| Part II | of and paid by the Alliance for Economic Development of OKC. |
| Part II | Progress OKC contracts with the Alliance for management services. |
| Part II | The Alliance is an unrelated organization. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III Line 2 | New programs started in 2021 are the Entrepreneurship & Small Business |
| Part III Line 2 | program and KIVA microloans |
| Part VI Line 3 | The Alliance for Economic Development of Oklahoma City, Inc. $96,620 |
| Part VI Line 11b | Form 990 is reviewed by the Alliance President and all board members |
| Part VI Line 11b | prior to filing. |
| Part VI Line 12c | Progress OKC's Executive Director collects and reviews Annual Affirmation & |
| Part VI Line 12c | Disclosure statements signed by each board member annually. |
| Part VI Line 18 | The organization's 990 is available at www.guidestar.org. |
| Part VI Line 19 | All governing documents are available to the public upon request. |
| Part III Line 4d | Expenses: $73675.00 including grants of: $0.00 Revenue: $31417.00 |
| Part III Line 4d | Community Service Facility |
| Part III Line 4d | Expenses: $9533.00 including grants of: $0.00 Revenue: $0.00 |
| Part III Line 4d | Minority Enterprise Development Week |