2026-01-29T10:50:14-08:00 2025-03-31 820751649 JANA A WALKER CPA PLLC PO BOX 2696 WOODWARD OK 73802 990 2024-04-01 731279320 WOODWARD INDUSTRIAL FOUNDATION WOOD 5802545616 PO BOX 1406 WOODWARD OK 73802 ALAN CASE II President 2026-01-29 true true Jana Walker CPA P01711004 5803346361 X 2024 2025-03-06 01:10:19Z ALAN CASE II 710849 false X http://www.wifok.com/ X 1986 OK ECONOMIC DEVELOPMENT OF WOODWARD, OK AND NORTHWESTERN OKLAHOMA. 10 10 2 0 354950 392750 0 7205 238629 24389 50394 386544 681773 81833 0 233725 243182 0 0 157236 115083 390961 440098 -4417 241675 5517541 5759216 1822 1822 5515719 5757394 ECONOMIC DEVELOPMENT OF WOODWARD, OK AND NORTHWESTERN OKLAHOMA. false false 234153 ECONOMIC DEVELOPMENT ACTIVITIES. 234153 false true false false false false false false false true false false true true true true 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 false true 2 0 true 2 true false false false false false false false false X 10 10 false false false false false false false true true false false true false false false true false false OK X ALAN CASE 5802545616 1006 OKLAHOMA AVE WOODWARD OK 73801 X ALAN CASE PRESIDENT 40.00 0.00 144232 0 0 LAURA HAYES Director 1.00 0.00 X 0 0 0 LOGAN HAMILTON Secretary 2.00 0.00 X X 0 0 0 ROGER WAGNER Vice President 2.00 0.00 X X 0 0 0 KEVIN MARTIN Director 1.00 0.00 X 0 0 0 ROBYN PRICE Director 1.00 0.00 X 0 0 0 BILL FANNING Chairman 1.00 0.00 X X 0 0 0 BRET BREWER Director 1.00 0.00 X 0 0 0 LORNE CLARK Vice President 2.00 0.00 X X 0 0 0 TAYLOR BURNETT Director 1.00 0.00 X 0 0 0 144232 1 false false false 0 45550 302400 44800 392750 0 238629 238629 0 0 0 0 79450 29076 50374 0 0 MISCELLANEOUS INCOME 900099 20 20 20 681773 238649 81833 81833 0 0 0 144232 72116 72116 0 63116 63116 0 18900 9450 9450 16934 8467 8467 0 0 3850 3850 0 0 0 10958 10958 2227 2227 399 399 0 0 9144 9144 38046 38046 0 6408 6408 0 0 319 319 3713 3713 RECRUITMENT 22014 22014 MISCELLANEOUS 17719 17719 SUPPLIES 286 286 0 440098 234153 205945 0 543334 631421 732461 745401 0 0 0 0 0 0 0 14763 14469 612 294 0 0 0 0 4241134 4382100 5517541 5759216 1822 1822 1822 1822 X 5515719 5757394 5515719 5757394 5517541 5759216 241675 X true X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4865002 -4865002 59 -59 580973 -546369 19754 14850 -34604 -19609 -14995 14763 14265 498 294 NOTES RECEIVABLE Rounding 1 4382100 NWOSU BUSINESS SCHOLARS 1822 1822 X 681773 681773 681773 440098 440098 440098 Part X : FIN48 Footnote The Foundation is a not-for-profit corporation that is exempt from income taxes under Section 501c6 of the Internal Revenue Code. As such, no provision has been made for Federal or state income taxes. The Foundation is required to file an information return, IRS Form 990. In June 2006, the Financial Accounting Standards Board FASB released FASB Interpretation 48 FIN 48 Accounting for Uncertainty in Income Taxes Currently FASB Accounting Standards Codification ASC 740, Income Taxes, which requires extensive disclosures about uncertain income tax positions. This standard seeks to reduce the diversity in practice associated with certain aspects of the recognition and measurement related to income taxes. The Foundation evaluates any uncertain tax positions using the provision of ASC 450, Contingencies. Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of loss can be reasonably estimated. The amount recognized is subject to estimate and management judgment with respect to the likely outcome of each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. The Foundation does not believe that it engaged in any activity that would result in an uncertain tax position. As a result, management does not believe that any uncertain tax positions currently exist, and no loss contingency has been recognized in the accompanying financial statements. The Foundation?s policy is to record any income tax related penalties and interest incurred as operating expense. There were no income tax related penalties or interest included in the accompanying financial statements. Federal and state income tax statutes dictate that tax returns filed in any of the three previous reporting periods remain open to examination. Currently, the Foundation has no open examination with either the Internal Revenue Service or state taxing authorities. false GOLF TOURNAMENT 40500 40500 TURKEY HUNT 38950 38950 4984 3246 20846 79450 79450 4984 3246 20846 29076 50374 false CITY OF WOODWARD 722 MAIN STREET WOODWARD OK 73801 5833 0 COMMUNITIES FOUNDATION OF OK 801 NW 63RD ST SUITE 200 OKLAHOMA CITY OK 73116 15000 0 HEALTH SERVICES FOUNDAITON 1109 DOWNS AVE WOODWARD OK 73801 36000 0 HIGH PLAINS TECHNOLOGY CENTER 3921 34TH STREET WOODWARD OK 73801 10000 0 NWOSU 709 OKLAHOMA BLVD ALVA OK 73717 15000 0 5 0 Form 990, Part VI, Section B, Line 11b THE GOVERNING BOARD'S EXECUTIVE COMMITTEE WILL REVIEW THE FORM 990, AND APPROVE PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Section B, Line 15a THE BUDGET COMMITTEE APPROVES ANY SALARY INCREASES WHEN CREATING THE BUDGET AND THEN THE BUDGET IS PRESENTED TO THE ENTIRE BOARD FOR APPROVAL Form 990, Part VI, Section C, Line 19 TAX RETURN AND AUDITED FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.