Public Charity

RURAL ENTERPRISES OF OKLAHOMA INC

RURAL ENTERPRISES OF OKLAHOMA INC, of DURANT, OK, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $6.8M in revenue, $5.6M in expenses, $38.1M in total assets. 18 publicly reported grants to this organization, totaling roughly $4.4M, appear in IRS filings.

EIN: 731129417 DURANT, OK Rural Economic Development NTEE: S32 Latest filing: 2024
Total Revenue$6.8M
Total Expenses$5.6M
Total Assets$38.1M
Grant Records18
Funding Total$4.4M
Filing Years2020–2024

Mission

REI OKLAHOMA EXPANDS ECONOMIC OPPORTUNITIES FOR OKLAHOMANS BY PROVIDING FLEXIBLE FINANCING AND DEVELOPMENT SERVICES TO INDIVIDUALS, BUSINESSES, AND ENTREPRENEURS WITH LIMITED ACCESS TO RESOURCES.

Where $100 goes at Rural Enterprises of Oklahoma Inc

How Rural Enterprises of Oklahoma Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$80 Programs the work itself
$20 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $80 for programs

$50
Assistance to entrepreneurs including training, business rental space, and development capital in the form of loans which are used as a basis to leverage public and private resources…
62% of program spending
$30
Rural Enterprises of Oklahoma, inc
38% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CONTROLLER Autumn Thurman
VICE CHAIRMAN Brian Alford
DIRECTOR Chris Meyers
SECRETARY/TREASURER Clayton Lodes
DIRECTOR Clayton Taylor
SVP-LENDING Debbie Partin

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,062,057 11 grants
Civil Rights & Social Justice
$330,000 1 grant
Training & Professional Development
$25,000 2 grants
Economic Development
$8,000 1 grant
Unspecified
$997,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $6.8M $5.6M $38.1M
2023 $6.5M $6.1M $36.1M
2022 $7.1M $10.9M $34.5M
2021 $15.2M $14.8M $41.9M
2020 $13.0M $11.4M $39.2M

Between 2020 and 2024, reported annual revenue declined from $13.0M to $6.8M (-48%), with total assets most recently reported at $38.1M.

Interactive year-over-year charts and full filing details available with membership.

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