Nonprofit · EIN 20-5872308
BROKEN ARROW ECONOMIC DEVELOPMENTCORPORATION
Tax-exempt · BROKEN ARROW, OK 74012
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $645,326 | $869,147 | -$223,821 | $1,520,210 | $186,354 | $1,333,856 |
| December 31, 2023 | 990 | $1,051,430 | $978,653 | $72,777 | $1,816,043 | $258,366 | $1,557,677 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $46,391
- Program service revenue
- $594,004
- Investment income
- $4,931
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $102,609
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $38,150
- Travel
- $24,824
- Depreciation
- $1,758
- Program services (functional)
- $529,246
- Management and general (functional)
- $187,335
- Fundraising (functional)
- $152,566
Balance sheet and other
- Total assets, start of year
- $1,816,043
- Total assets, end of year
- $1,520,210
- Total liabilities, end of year
- $186,354
- Net assets, end of year
- $1,333,856
- Land, buildings and equipment
- $11,960
- Net assets without donor restrictions
- $210,186
- Net assets with donor restrictions
- $1,123,670
- Gross receipts
- $645,326
- Employees
- 0
- Volunteers
- 162
- Year formed
- 2006
- State of legal domicile
- OK
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Jennifer Conway | President/CEO Officer | 20 | $0 | $156,760 |
| Davis Robson | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Gregory Graham | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Dr Steve Tiger | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Brandy Moore | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Ben Buie | Chamber Representative Trustee or director | 1 | $0 | $0 |
| Steve Allen | BAPS Representative Trustee or director | 1 | $0 | $0 |
| Jennifer York-Jezek | Member Trustee or director | 1 | $0 | $0 |
| Matthew Adams | Member Trustee or director | 1 | $0 | $0 |
| Kyle Al-Rifai | Member Trustee or director | 1 | $0 | $0 |
| Terra Branson | Member Trustee or director | 1 | $0 | $0 |
| Jason Hudson | Member Trustee or director | 1 | $0 | $0 |
| Debra Wimpee | Member Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jennifer Conway | President/CEO Officer | 20 | $0 | $176,060 | $53,429 |
| Davis Robson | Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Gregory Graham | Vice Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Dr Steve Tiger | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Brandy Moore | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Ben Buie | Chamber Representative Trustee or director | 1 | $0 | $0 | $0 |
| Steve Allen | BAPS Representative Trustee or director | 1 | $0 | $0 | $0 |
| Jennifer York-Jezek | Member Trustee or director | 1 | $0 | $0 | $0 |
| Matthew Adams | Member Trustee or director | 1 | $0 | $0 | $0 |
| Kyle Al-Rifai | Member Trustee or director | 1 | $0 | $0 | $0 |
| Terra Branson | Member Trustee or director | 1 | $0 | $0 | $0 |
| Jason Hudson | Member Trustee or director | 1 | $0 | $0 | $0 |
| Debra Wimpee | Member Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 210 N MAIN ST STE C, BROKEN ARROW, OK 74012-4181
- Principal officer (990 for 2024)
- Jennifer Conway, 210 N Main Street C, Broken Arrow, OK 74012
- Signed the 990
- James Bell, President & CEO
- Phone
- (918) 251-1518
- Website
- www.brokenarrowedc.com
- Return prepared by
- Hinkle & Company PC
Mission
To create and/or operate citywide and multi-county economic development programs and activities that result in the creation and retention of jobs and capital within the City of Broken Arrow and surrounding area
Program accomplishments
- Promoted economic development and business investment in Broken Arrow and the surrounding regionExpenses $529,246 · grants $102,609 · revenue $594,004
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5872308
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $1,520,210
- Income (IRS master file)
- $645,326
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $645,326 | $869,147 | $1,520,210 | XML |
| 990 | December 2023 | $1,051,430 | $978,653 | $1,816,043 | XML |
| 990 | December 2022 | $2,135,482 | $822,508 | $1,786,898 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5872308).
Questions about BROKEN ARROW ECONOMIC DEVELOPMENTCORPORATION
- What is the EIN of BROKEN ARROW ECONOMIC DEVELOPMENTCORPORATION?
- The employer identification number (EIN) of BROKEN ARROW ECONOMIC DEVELOPMENTCORPORATION is 20-5872308.
- Is BROKEN ARROW ECONOMIC DEVELOPMENTCORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2009.
- Are donations to BROKEN ARROW ECONOMIC DEVELOPMENTCORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BROKEN ARROW ECONOMIC DEVELOPMENTCORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BROKEN ARROW ECONOMIC DEVELOPMENTCORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BROKEN ARROW ECONOMIC DEVELOPMENTCORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BROKEN ARROW ECONOMIC DEVELOPMENTCORPORATION?
- The 990 for the year ended December 31, 2024 names Jennifer Conway.
- Who are the officers and directors of BROKEN ARROW ECONOMIC DEVELOPMENTCORPORATION?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does BROKEN ARROW ECONOMIC DEVELOPMENTCORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $645,326, expenses of $869,147 and total assets of $1,520,210 at year end.
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