Public Charity

OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC

OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC is a Public Charity headquartered in OKLAHOMA CITY, OK. Financial data from the 2024 filing: $4.9M revenue, $5.2M expenses, $2.9M total assets. 9 publicly reported grants to this organization, totaling roughly $565K, appear in IRS filings.

EIN: 731123147 OKLAHOMA CITY, OK Single Organization Support NTEE: S11 Latest filing: 2024
Total Revenue$4.9M
Total Expenses$5.2M
Total Assets$2.9M
Grant Records9
Funding Total$565K
Filing Years2019–2024

Mission

TO CREATE NEW JOBS AND PAYROLL IN THE OKLAHOMA CITY REGION.

Where $100 goes at Oklahoma City Economic Development Foundation Inc

How Oklahoma City Economic Development Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$92 Programs the work itself
$8 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 $92 for programs

$47
The foundation has entered into three professional services agreements with the city of Oklahoma City
51% of program spending
$29
The foundation partners with the Oklahoma City chamber on various programs with the most significant being the forward Oklahoma City program
32% of program spending
$14
The foundation has received two grants from the department of commerce economic development administration
15% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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

BOARD MEMBER Bennett Clayton
CFO / VP OF OPERATIONS Denny Babara
BOARD MEMBER Funk Jr Bob
PRESIDENT & CEO Gillenwater Christy
TREASURER Hart John
BOARD MEMBER Hatfield Judy

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$519,978 8 grants
Human & Social Services
$45,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.9M $5.2M $2.9M
2023 $4.7M $4.2M $3.2M
2022 $2.6M $3.0M $2.6M
2020 $1.7M $1.6M $2.2M
2019 $1.8M $2.1M $2.1M

Between 2019 and 2024, reported annual revenue grew from $1.8M to $4.9M (+176%), with total assets most recently reported at $2.9M.

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

See the full picture for OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC

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