NonprofitsThe Alliance For Economic Development Of Oklahoma City Inc

Community Improvement & Capacity Building

The Alliance For Economic Development Of Oklahoma City Inc

OKLAHOMA CITY, OK

Total revenue

$3.6M

Total expenses

$9.5M

Net assets

$9.5M

Grants received

EIN

452034774

Tax year

2023

Mission

To foster economic development through private and public collaborations to create new job opportunities and bring about urban redevelopment by means of consolidated and coordinated public agency economic development functions.

Programs

3 programs

Provision of professional economic development management services and advisory services to the city of oklahoma city and the oklahoma city economic development trust, including services in connection with the city of oklahoma city's maps 4 program. Policy-making authority remains in the governing bodies of the entities being served.

Expenses: $613K

Provision of professional economic development management and advisory services to the oklahoma city urban renewal authority. As part of this arrangement, this organization's president, kenton tsoodle, acted as executive director of the oklahoma city urban renewal authority (kenton tsoodle receives no compensation from the oklahoma city urban renewal authority). Policy-making authority remains in the governing body of the entity being served.

Expenses: $830K

Provision of professional economic development management and advisory services to the oklahoma industries authority, and oklahoma city industrial and cultural facilities trust and port authority . As part of this arrangement, this organization's president, kenton tsoodle, acted as general manager of the oklahoma industries authority. (kenton tsoodle receives no compensation from the oklahoma industries authority). Policy-making authority remains in the governing body of the entity being served.

Expenses: $307K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$3.1M
Investment income$495K
Other revenue$300
Total revenue$3.6M

Expenses

Grants paid$6.8M
Salaries & benefits$1.7M
Fundraising
Other expenses$971K
Total expenses$9.5M
Total assets$9.5M
Net assets$9.5M

People

14 listed

NameRoleCompensation

KENTON TSOODLE

PRESIDENT

Board

$282K

40 hrs/wk

GERI HARLAN

CFO

Board

$201K

40 hrs/wk

DEBRA V HAMPTON

DIRECTOR

Board

0.2 hrs/wk

CRAIG FREEMAN

DIRECTOR

Board

0.2 hrs/wk

TONY J TYLER

DIRECTOR

Board

0.2 hrs/wk

MICHAEL BROOKS-JIMINEZ

DIRECTOR

Board

0.2 hrs/wk

J LARRY NICHOLS

DIRECTOR

Board

0.2 hrs/wk

COUNCILWOMAN BARBARA PECK

DIRECTOR

Board

0.2 hrs/wk

ROY H WILLIAMS

DIRECTOR

Board

0.2 hrs/wk

RHONDA HOOPER

DIRECTOR

Board

0.2 hrs/wk

JAMES R TOLBERT III

DIRECTOR

Board

0.2 hrs/wk

RONALD J NORICK

DIRECTOR

Board

0.2 hrs/wk

CLAYTON I BENNETT

DIRECTOR

Board

0.2 hrs/wk

J KEITH KUHLMAN

DIRECTOR OF SPECIAL PROJEC

Staff

$126K

40 hrs/wk

Independent contractors

I2E

MINORITY ENTREPENEURSHIP DEVELOPMENT

$578K

INSIDE TRACK RESOURCES

MINORITY BUSINESS SUPPORT

$382K

CODE FELLOWS HOLDINGS INC

TECH TRAINING & JOB SUPPORT

$359K

IT'S MY COMMUNITY

CAREER AND JOB TRAINING

$351K

STITCHCREW INC

BUSINESS ACCELERATOR PROGRAM

$315K

Details

EIN452034774
NTEE codeS20
Subsection04
Ruling date2012-06
Formed2011
Employees16
Volunteers11
THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC — Mission, Financials & Grants Received | Grantivo