NonprofitsProgress Okc A Community Development Corporation Inc

Community Improvement & Capacity Building

Progress Okc A Community Development Corporation Inc

OKLAHOMA CITY, OK

Total revenue

$157K

Total expenses

$254K

Net assets

$386K

Grants received

$390K

6 grants

EIN

811435304

Tax year

2024

Mission

Promote employment housingand economic development in underserved and disinvested communities throughout oklahoma city

Programs

4 programs

Minority Enterprise Development Program - holds an annual National Minority Development Week event in Oklahoma City to highlight minority owned businesses across industries and cultures; celebrate achievements and contributions of these businesses and entrepreneurs; and strengthen the minority business ecosystem through best practice education, consumer relations, technology innovation, and capital investment. Event hosts and partners are diverse stakeholders with Progress OKC serving as lead convener. In 2024 the week included 17 events with 35 partners and had over 600 participants.

Expenses: $25K

Housing - Progress OKC builds homes for low-to-moderate (LTM) income buyers. Projects are currently funded by HUD HOME Funds. In 2022 Progress OKC secured funding to build four new homes. All four homes were completed in 2023 and two were sold in early 2024. Since the inception of this program, 13 homes have been completed Eleven of those homes were/will be sold to LTM income buyers and two were market rate homes.

Expenses: $53K

Community Service Facility

Expenses: $77K

KIVA Microloan Program

Expenses: $3K

Financials

FY 2024

Revenue

Contributions & grants$84K
Program service revenue$75K
Investment income
Other revenue$17
Total revenue$157K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$254K
Total expenses$254K
Total assets$900K
Net assets$386K

People

9 listed

NameRoleCompensation

ASHLEY DICKSON-OSO

CHAIRMAN

Board

1 hrs/wk

RAY DOUGLAS

TRUSTEE

Board

1 hrs/wk

KELLY GRAY

TRUSTEE

Board

1 hrs/wk

JOSEPH H ALLEN

TREASURERSECRETARY

Board

1 hrs/wk

TERESA GOGGINS

VICE CHAIRMAN

Board

1 hrs/wk

LOUIS ALMARAZ

TRUSTEE

Board

1 hrs/wk

VILONA MICHAEL

TRUSTEE

Board

1 hrs/wk

KENTON TSOODLE

PRESIDENT

Board

5 hrs/wk

KIMBERLY FRANCISCO

EXECUTIVE DIRECTOR

Board

40 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$88K
GENERAL OPERATIONS
2023
$113K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2021
$155K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2020
$15K
GENERAL OPERATIONS
2020
$15K
CITY INNOVATION ECOSYSTEMS GRANT
2020
$5K
GENERAL OPERATING
2018

Funded by

$390K from 5 funders · 6 grants · 2018–2023

Jpmorgan Chase Foundation

$268K · 2 grants · 2020–2021

Communities Foundation Of Oklahoma

$15K · 1 grant · 2020

Details

EIN811435304
NTEE codeS30
Subsection03
Ruling date2016-12
Formed2015
Employees0
Volunteers7
PROGRESS OKC A COMMUNITY DEVELOPMENT CORPORATION INC — Mission, Financials & Grants Received | Grantivo