2022-11-10T10:19:05-06:00 2021-12-31 990 2021-01-01 811435304 PROGRESS OKC CDC % KEITH KUHLMAN PROG 4056046780 105 N HUDSON AVENUE Ste 101 OKLAHOMA CITY OK 73102 KEITH KUHLMAN INTERIM EXEC DIRECTOR 4056046780 2022-11-10 KEITH KUHLMAN XXX-XX-XXXX 1 IAL1 2021 2022-09-23 18:48:47Z KEITH KUHLMAN 105 N HUDSON AVE Ste 101 OKLAHOMA CITY OK 73102 869907 false X WWW.PROGRESSOKC.ORG X 2015 OK PROMOTE EMPLOYMENT HOUSING ECONOMIC DEVELOPMENT IN DISADVANTAGED AREAS ADDRESS THE NEEDS OF DISADVANTAGED PERSONS IN OKLAHOMA CITY 7 7 0 7 0 395664 586033 838325 283867 7 355 0 1234344 869907 4000 0 0 0 0 500 882709 293003 886709 293003 347635 576904 741219 1349918 190556 222351 550663 1127567 X 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. true false 111798 405 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. 77603 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. 11190 246045 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. 73675 31417 Community Service Facility 9533 Minority Enterprise Development Week 83208 31417 283799 true true false false false false false false false false true false false true false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 7 0 true 0 false false false false false false false false false false X 7 7 false true false false false false false true true false false true true true true false false false false false OK X X THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKC 4056046780 105 N HUDSON AVE Ste 101 OKLAHOMA CITY OK 73102 X CHRISTOPHER TURNER CHAIRMAN 1.000 X 0 0 0 ASHLEY DICKSON-OSO VICECHAIRMAN 1.000 X 0 0 0 RAY DOUGLAS ASST SECRETARY 1.000 X 0 0 0 KELLY GRAY ASST SECRETARY 1.000 X 0 0 0 JOSEPH H ALLEN TREASURER 1.000 X 0 0 0 TERESA GOGGINS SECRETARY 1.000 X 0 0 0 LOUIS ALMARAZ ASST SECRETARY 1.000 X 0 0 0 KEITH KUHLMAN INTERIM EXEC DIRECTOR 20.00 X 0 0 0 CATHERINE O'CONNOR PRESIDENT 5.000 X 0 0 0 MAURIANNA ADAMS EXECUTIVE DIRECTOR 40.00 X 0 0 0 false false true NONE 586033 586033 LTM HOUSING 236000 246045 246045 COMM SVC FACILITY 531120 31417 31417 SERVICE FOR FEES 611430 6000 6000 ACCELERATOR FEES 611430 405 405 283867 7 7 0 869907 283874 96620 96620 450 450 16553 16436 117 4214 4214 31417 31417 237 237 326 326 42258 42258 3810 3810 PROGRAM/TECH ASSISTANCE 83017 83017 MED WEEK EXPENSES 9461 9461 PROGRAM COSTS-OTHER 4140 4140 FUNDRAISING 500 500 293003 283799 8704 500 405027 633978 15007 112500 54475 3927 55668 43333 422576 183116 281717 239460 246045 741219 1349918 11200 45365 179356 176986 190556 222351 X 165379 246108 385284 881459 550663 1127567 741219 1349918 576904 X false false false X 100060 284078 6740 395664 586033 1372575 17127 532937 297281 838680 283867 1969892 117187 817015 304021 1234344 869900 3342467 1323 480294 286201 813638 260064 1841520 1323 480294 286201 813638 260064 1841520 1500947 117187 817015 304021 1234344 869900 3342467 0.44905 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false 422576 183116 239460 239460 DUE FROM OCURA LTM Housing net proceeds 246045 246045 true false false false false false false false false false 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 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. 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