EIN 73-1123147

Oklahoma City Economic Development Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1981
Most recent tax filings
2022-12-01
Description
The Oklahoma City Economic Development Foundation partners with the Oklahoma City chamber on various programs, including the five-year Economic Development program called Forward Oklahoma City, designed to create new jobs and payroll in the region. It has entered into a professional services agreement with the City of Oklahoma City to promote, foster, and develop a positive business climate that enhances and expands Economic Development in the area.
Total revenues
$2,641,653
2022
Total expenses
$3,041,815
2022
Total assets
$2,560,120
2022
Num. employees
0
2022

Program areas at Oklahoma City Economic Development Foundation

The Foundation has entered into three professional services agreement with the City of Oklahoma City. The first contract is utilized to promote, foster, and develop a positive business climate to enhance and expand Economic Development activities in Oklahoma City. The second contract relates to services relating to the establishment of the Oklahoma City film & creative industries office. This office will cultivate the growth of the film, music and other creative and support industries within Oklahoma City. The third contract is an agreement that provides arpa recovery funds to fund tourism recovery program.
The greater Oklahoma City partnership was organized to work with the ten county region to promote various Economic Development programs in the greater Oklahoma City region.
The Foundation partners with the Oklahoma City chamber on various programs with the most significant being the forward Oklahoma City program. Forward Oklahoma City is a five year Economic Development program designed to meet specific needs and overcome obstacles to quality job growth. Efforts primarily focus on (1) marketing the City of Oklahoma City as a relocation site to expand the local job base, (2) enhancing the local k-12 education opportunities, (3) addressing talent retention and attraction, and (4) other miscellaneous programs that support Economic Development efforts.
The Foundation has received two grants from the department of commerce Economic Development administration. Grant 1 relates to the build back better regional challenge and grant 2 relates to the Oklahoma biotech innovation cluster collaborative.

Grants made by Oklahoma City Economic Development Foundation

GranteeGrant descriptionAmount
Greater Oklahoma City Chamber of CommerceEconomic Development$632,000

Who funds Oklahoma City Economic Development Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Tulsa Community FoundationGeneral Operations$79,403
Inasmuch FoundationForward Okc Vi$50,000
Love Family Affiliated Fund of OCCFHuman Service-Multipurpose & Other$45,000
...and 1 more grant received

Personnel at Oklahoma City Economic Development Foundation

NameTitleCompensation
Christy GillenwaterPresident and Chief Executive Officer
Denny Barbara LChief Financial Officer and Vice President of Operations / Chief Financial Officer and Vice President Operations$0
Meyer Jenny LoveV.C - Marketing and Communications$0
McDaniel TomV.C - Maps 3 Development / V.C - Maps Development$0
Rose TeresaV.C - Education and Maps / V.C - Education / V.C - Talent and Education$0
...and 17 more key personnel

Financials for Oklahoma City Economic Development Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$833,035
Program services$1,800,099
Investment income and dividends$8,519
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,641,653

Form 990s for Oklahoma City Economic Development Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-13990View PDF
2019-122021-03-31990View PDF
2018-122020-01-16990View PDF
...and 9 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 6 new personnel
January 2, 2024
Received grants
Identified 3 new grant, including a grant for $79,403 from Tulsa Community Foundation
January 1, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
MembershipsState / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
123 Park Ave
Oklahoma City, OK 73102
Metro area
Oklahoma City, OK
County
Oklahoma County, OK
Website URL
okcchamber.com/index.php 
Phone
(405) 297-8900
IRS details
EIN
73-1123147
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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