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Nonprofit · EIN 23-7255402

CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC

Tax-exempt · CUSHING, OK 74023

Financials

$125K$139K2023$136K$145K2024$111K$147K2025
Revenue Expenses · by fiscal year end
Financials of CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$111,186$146,723-$35,537$314,959$1,838$313,121
December 31, 2024990-EZ (amended)$135,630$144,756-$9,126$350,509$1,851$348,658
December 31, 2023990-EZ (amended)$124,829$139,287-$14,458$359,655$1,871$357,784
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Investment income
$11,186
Other revenue
$100,000

Expenses

Compensation of officers, directors and key employees
$87,000
Salaries, compensation and benefits (total)
$93,782
Professional fees and payments to contractors
$2,740
Other expenses
$50,201

Balance sheet and other

Total assets, start of year
$350,509
Total assets, end of year
$314,959
Total liabilities, end of year
$1,838
Net assets, end of year
$313,121
Cash, savings and investments
$218,350
Land and buildings
$70,000
Gross receipts
$111,186

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRUCE JOHNSONExecutive Dir.40$87,000
CURTIS BLAKEChairman0$0
MATT TURNERVICE CHAIR0$0
MELISSA AMONSecretary0$0
KELLY YOUNGTreasurer0$0
990-EZ for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
BRUCE JOHNSONExecutive Dir.40$87,000
CURTIS BLAKEChairman0$0
MATT TURNERVICE CHAIR0$0
MELISSA AMONSecretary0$0
KELLY YOUNGTreasurer0$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
BRUCE JOHNSONExecutive Dir.40$103,000
JACK FORSYTHChairman0$0
MATT TURNERVICE CHAIR0$0
DENA FLOYDSecretary0$0
KELLY YOUNGTreasurer0$0

Address and contacts

Address (IRS master file)
PO BOX 22, CUSHING, OK 74023-0022
In care of
% MIKE GRIFFITH
Mailing address (990-N for 2015)
1515 E PINE, CUSHING OK 74023
Principal officer (990-N for 2015)
MIKE GRIFFITH, 1515 E PINE, CUSHING OK 74023
Signed the 990-EZ
KELLY YOUNG, Treasurer
Phone
(918) 225-2400
Return prepared by
CBEW PROFESSIONAL GROUP LLP - CUSHING

Mission

THE PURPOSE OF THE FOUNDATION IS TO ENCOURAGE AND FACILITATE ECONOMIC DEVELOPMENT IN THE CITY OF CUSHING, OKLAHOMA BY OFFERING COMMERCIAL LAND AND PROPERTY TO PROSPECTIVE BUSINESSES.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • THE FOUNDATION MAINTAINED LAND FOR SALE TO HELP FOSTER ECONOMIC GROWTH WITHIN THE CITY OF CUSHING, OKLAHOMA.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
23-7255402
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$314,959
Income (IRS master file)
$111,186

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$111,186$146,723$314,959XML
990-EZDecember 2024$124,573$144,756$333,376XML
990-EZDecember 2023$124,829$139,287$359,655XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS
990-N for 2015
Officer: MIKE GRIFFITH
December 31, 2015≤ $50,000 receipts––e-Postcard

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 23-7255402).

Questions about CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC

What is the EIN of CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC?
The employer identification number (EIN) of CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC is 23-7255402.
Is CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
Are donations to CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC 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 CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC?
The 990-N for 2015 names MIKE GRIFFITH.
Who are the officers and directors of CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $87,000 (BRUCE JOHNSON, Executive Dir.).
How much revenue does CUSHING ECONOMIC DEVELOPEMENT FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $111,186, expenses of $146,723 and total assets of $314,959 at year end.

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