Public Charity

REI DEVELOPMENT CORP

REI DEVELOPMENT CORP is a nonprofit organization categorized as Public Charity based in DURANT, OK. Its most recent IRS filing (2024) reports revenue of $3.2M, expenses of $2.2M, total assets of $7.1M.

EIN: 300071074 DURANT, OK Chambers of Commerce & Business Leagues NTEE: S41 Latest filing: 2024
Total Revenue$3.2M
Total Expenses$2.2M
Total Assets$7.1M
Grant Records0
Filing Years2019–2024

Mission

REI DEVELOPMENT CORP EXPANDS OPPORTUNITIES FOR OKLAHOMANS BY PROVIDING ECONOMIC DEVELOPMENT ACTIVITIES IN DISTRESSED AREAS OF OKLAHOMA UTILIZING FEDERAL TAX CREDIT PROGRAMS TO ENCOURAGE BUSINESSES TO LOCATE IN THESE AREAS. CONTINUED ON SCHEDULE O

Where $100 goes at Rei Development Corp

How Rei Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$95 Programs the work itself
$5 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 $95 for programs

$95
Since 2003, rei has conducted economic development in economically distressed areas of oklahoma by providing investment capital through the new market tax credit programs used to revitalize low…
All 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

DIRECTOR Clayton Taylor
EXECUTIVE VICE PRESIDENT Debbie Partin
DIRECTOR Jeff Greenlee
DIRECTOR Kyle Hughbanks
TRASURER/SECRETARY Lori Hill
DIRECTOR Martin Vanmeter

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.2M $2.2M $7.1M
2023 $2.8M $1.9M $5.8M
2022 $1.9M $1.8M $5.5M
2020 $2.5M $2.1M $7.4M
2019 $3.4M $3.3M $7.5M

Between 2019 and 2024, reported annual revenue declined from $3.4M to $3.2M (-5%), with total assets most recently reported at $7.1M.

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

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