2025-06-12T13:13:45-05:00 2024-09-30 480573184 REGIER CARR & MONROE LLP 4200 E SKELLY DRIVE SUITE 560 TULSA OK 74135 990 2023-10-01 731084819 TULSA ECONOMIC DEVELOPMENT CORPORATION TULS 9185858332 125 WEST 3RD STREET TULSA OK 74103 ROSE WASHINGTON EXECUTIVE DIRECTOR 9185858332 2025-06-12 1 1 CHARLES M HUMPHREY CPA P01256929 9182715400 2025-06-12 2023 2025-03-06 01:10:19Z ROSE WASHINGTON 125 WEST 3RD STREET TULSA OK 74103 14455455 0 X WWW.TEDCNET.COM X 1979 OK TEDC WAS FOUNDED IN 1979 AS TULSA ECONOMIC DEVELOPMENT CORPORATION, AN ORGANIZATION CHARGED WITH PROMOTING AND SUSTAINING SMALL BUSINESS GROWTH IN TULSA. 13 13 15 13 0 0 4039349 12663429 239420 553715 600001 958631 124235 106334 5003005 14282109 2243309 169780 0 0 1160894 1182054 0 0 0 1632145 1756027 5036348 3107861 -33343 11174248 30345955 41534822 12063774 12050043 18282181 29484779 X TBDC WAS FOUNDED IN 1979 AS TULSA ECONOMIC DEVELOPMENT CORPORATION, AN ORGANIZATION CHARGED WITH PROMOTING AND SUSTAINING SMALL BUSINESS GROWTH IN TULSA. 1 0 796723 TEDC RECEIVES FUNDING FROM THE U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT'S CDBG PROGRAM AS A CITY OF TULSA SUB-RECIPIENT, WHICH INCLUDES REIMBURSEMENTS FOR PROJECT DELIVERY COSTS. 510570 TEDC RECEIVES FUNDING FROM THE U.S. DEPARTMENT OF THE TREASURY VIA THE CDFI EQUITABLE RECOVERY PROGRAM FOR PROVIDING GRANTS TO LOW- OR MODERATE-INCOME COMMUNITIES AND TO BORROWERS THAT HAVE SIGNIFICANT UNMET CAPITAL AND FINANCIAL SERVICES NEEDS AND HAVE EXPERIENCED DISPROPORTIONATE ECONOMIC IMPACTS FROM THE COVID-19 PANDEMIC. THE FUNDING INCLUDES REIMBURSEMENTS FOR PROJECT DELIVERY COSTS. 227904 169780 SAVING OUR HOMES INITIATIVE (SOHI) - SOHI IS A SHORT-TERM PROGRAM DEVELOPED IN COLLABORATION WITH THE CITY OF TULSA TO ASSIST IN CLEARING HOME TITLES OR PAYING PROPERTY TAX (UP TO $4,000) FOR ELIGIBLE LOW INCOME HOUSEHOLDS ACROSS THE CITY OF TULSA. TEDC CONNECTS HOUSEHOLDS WITH TFEC WHO OFFERS FREE FINANCIAL CONSELING SESSIONS TO IMPROVE FINANCIAL OUTCOMES. 1095098 1095098 2630295 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 16 0 1 15 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X JANET PIEREN 9185858332 125 WEST THIRD STREET TULSA OK 74103 SHELLA BOWLIN DIRECTOR 0.50 X 0 0 0 GILBERT GERST DIRECTOR 0.50 X 0 0 0 CASSIA CARR DIRECTOR 0.50 X 0 0 0 MARILYN MORRIS DIRECTOR 0.50 X 0 0 0 KENNETH QUIGLEY DIRECTOR 0.50 X 0 0 0 GIL EACRET DIRECTOR 0.50 X 0 0 0 JAVIER GAMARRA DIRECTOR 0.50 X 0 0 0 JOYCE MCCLELLAN DIRECTOR 0.50 X 0 0 0 DAVID EASTON DIRECTOR 0.50 X 0 0 0 MATT KING PRESIDENT 0.50 X X 0 0 0 JAMES SANCHEZ VICE PRESIDENT 0.50 X X 0 0 0 SHANANN PASSLEY SECRETARY 0.50 X X 0 0 0 CINDY BAKER TREASURER 0.50 X X 0 0 0 ROSE WASHINGTON EXECUTIVE DIRECTOR 50.00 X 153875 0 14187 153875 0 14187 1 0 1 0 0 3096934 9566495 12663429 FEE INCOME 541900 553715 553715 553715 960260 953186 7074 273202 166868 106334 106334 106334 4849 6478 -1629 -1629 -1629 14282109 1506901 0 111779 169780 169780 213501 190854 22647 785934 687190 98744 19013 19013 94750 79522 15228 68856 58003 10853 5585 5585 71383 71383 287031 199628 87403 50847 38143 12704 13646 9047 4599 43194 35990 7204 72843 50990 21853 32883 23454 9429 1430 1430 123378 13822 109556 385942 325761 60181 21286 17421 3865 BAD DEBT EXPENSE 533868 533868 LOAN EXPENSES 62621 62621 MISCELLANEOUS 39343 27473 11870 EQUIPMENT RENTAL 8458 8458 2289 2289 3107861 2630295 477566 0 8905782 8724218 159035 181563 202500 175040 1933940 12814079 22036332 49 5937 11079968 2755875 7786099 8324093 297402 325513 5969 3226 30345955 41534822 563483 659654 3047725 795443 8447701 10592669 4865 2277 12063774 12050043 X 5245297 17619491 13036884 11865288 18282181 29484779 30345955 41534822 11174248 28350 0 X X 0 1 X 1 1 1 X 35168037 32260386 5007622 4039349 13217144 89692538 35168037 32260386 5007622 4039349 13217144 89692538 150894 89541644 347462 78472 172889 928228 1233462 2760513 92453051 0.96850 0.97610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 69093 69093 10938125 2755875 8182250 72750 72750 8324093 LEASE LIABILITY 2277 2277 X 14362009 28350 51550 79900 14282109 0 14282109 3109250 1389 1389 3107861 0 3107861 PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: OA LL LLC REVENUE 51,550. PART XII, LINE 2D - OTHER ADJUSTMENTS: OA LL LLC EXPENSES 1,389. 0 SAVING OUR HOMES INITIATIVE (SOHI) 72 169780 X X X 0 0 0 0 0 0 0 0 0 ROSE WASHINGTON EXECUTIVE DIRECTOR 133875 0 20000 0 0 0 0 0 14187 0 168062 0 0 0 FORM 990, PART III, LINE 2 SAVING OUR HOMES INITIATIVE (SOHI) - SOHI IS A SHORT-TERM PROGRAM DEVELOPED IN COLLABORATION WITH THE CITY OF TULSA TO ASSIST IN CLEARING HOME TITLES OR PAYING PROPERTY TAX (UP TO $4,000) FOR ELIGIBLE LOW INCOME HOUSEHOLDS ACROSS THE CITY OF TULSA. TEDC CONNECTS HOUSEHOLDS WITH TFEC WHO OFFERS FREE FINANCIAL CONSELING SESSIONS TO IMPROVE FINANCIAL OUTCOMES. SMALL BUSINESS CREDIT INITIATIVE (SSBCI)/OKLAHOMA BUSINESS LENDING PARTERSHIP (OBLP) - THE OBLP IS A COLLABORATION BETWEEN THE OKLAHOMA CENTER FOR THE ADVANCEMENT OF SCIENCE AND TECHNOLOGY (OCAST) AND TEDC CREATIVE CAPITAL (TEDC) TO EXPAND ACCESS TO CAPITAL FOR OKLAHOMA BUSINESSES THROUGH THE U.S. TREASURY'S STATE SMALL BUSINESS CREDIT INITIATIVE (SSBCI) ADMINISTERED BY OCAST. THE PRIORITIES OF OBLP ALIGN WITH THE STATE OF OKLAHOMA'S SCIENCE AND INNOVATION STRATEGY, WHICH INCLUDES INCREASING THE NUMBER OF NEW TECHNOLOGIES AND START-UPS ALIGNED WITH OKLAHOMA'S THREE TARGETED SECTORS: BIOTECH/LIFE SCIENCES; AEROSPACE, AUTONOMOUS SYSTEMS, AND DEFENSE; AND ENERGY DIVERSIFICATION, INCLUDING OIL AND GAS. WHILE SUPPLY CHAIN BUSINESSES THAT SUPPORT THIS STRATEGY RECEIVE PREFERENCE, MOST OTHER OKLAHOMA ENTERPRISES ARE ELIGIBLE FOR OBLP FUNDING AND ARE ENCOURAGED TO APPLY. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - PREPARATION OF THE ORGANIZATION'S FORM 990 IS ENTRUSTED TO A PROFESSIONAL CPA FIRM. THE FORM IS THEN REVIEWED BY THE ORGANIZATION'S ACCOUNTING MANAGER AND, AT TIMES, ANOTHER CPA FOR QUALITY CONTROL. THEN THE EXECUTIVE DIRECTOR APPROVES THE FORM IF IT IS NOT SUBSTANTIALLY DIFFERENT FROM THE ANNUAL AUDIT APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C EXECUTIVE DIRECTOR REQUIRES BOARD MEMBERS AND STAFF TO ANNUALLY REVIEW, ACKNOWLEDGE, AND EXECUTE CONFLICT OF INTEREST POLICY AND ENSURES THAT THERE IS NO ACTUAL OR APPEARANCE OF A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS' PERSONNEL COMMITTEE PERFORMS AN ANNUAL PROCESS FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES. THIS ANNUAL PROCESS INCLUDES AN EVALUATION OF EMPLOYEES' PERFORMANCE AND THE USE OF COMPARABILITY DATA TO MAKE COMPENSATION RECOMMENDATIONS TO THE BOARD. THE PERSONNEL COMMITTEE DOCUMENTS HOW IT ARRIVED AT ITS RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 TEDC'S FISCAL AND TAX YEAR-END IS SEPTEMBER 30. A THIRD PARTY PREPARER WITH ASSISTANCE FROM THE ADMINISTRATIVE OPERATIONS DIRECTOR SHALL COMPLETE AND FILE ACCURATE RETURNS. (FILINGS SHALL INCLUDE BUT ARE NOT LIMITED TO, THE FORM 990, W-2'S AND 1099'S.) A DRAFT OF TEDC'S ANNUAL FORM 990 INFORMATION RETURN SHALL BE REVIEWED BY THE ACCOUNTANT AND APPROVED BY THE EXECUTIVE DIRECTOR IF NOT SUBSTANTIALLY DIFFERENT FROM THE ANNUAL AUDIT APPROVED BY THE BOARD OF DIRECTORS. PART XII, LINE 2C NO CHANGE IN PROCESS. OA LL LLC 125 WEST THIRD ST TULSA OK 74103 871387139 LEVERAGE LENDER OK TULSA ECONOMIC DEVELOPMENT CORPORATION 0.95000 1 OASIS GROCERY REALTY LLC 125 WEST THIRD ST TULSA OK 74103 871354847 REAL ESTATE DEVELOPER OK TULSA ECONOMIC DEVELOPMENT CORPORATION 1.00000 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0