Nonprofit · EIN 73-1345807
MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY
Tax-exempt · MIAMI, OK 74355
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2025 | 990 | $632,938 | $416,109 | $216,829 | $482,733 | $378 | $482,355 |
| February 29, 2024 | 990 | $362,923 | $301,326 | $61,597 | $280,099 | $2,878 | $277,221 |
| February 28, 2023 | 990 | $359,944 | $294,592 | $65,352 | $235,169 | $7,850 | $227,319 |
Financial details: 990 for the year ended February 28, 2025
Revenue
- Contributions, gifts and grants
- $384,553
- of which government grants
- $336,667
- Program service revenue
- $224,562
- Investment income
- $959
- Net income from sales of inventory
- $22,864
- Other revenue
- $22,864
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $132,862
- Salaries, compensation and benefits (total)
- $167,139
- Professional fundraising fees
- $0
- Accounting fees
- $750
- Occupancy
- $5,102
- Travel
- $2,506
- Program services (functional)
- $312,859
- Management and general (functional)
- $103,250
Balance sheet and other
- Total assets, start of year
- $280,099
- Total assets, end of year
- $482,733
- Total liabilities, end of year
- $378
- Net assets, end of year
- $482,355
- Net assets without donor restrictions
- $482,355
- Gross receipts
- $639,699
- Employees
- 7
- Volunteers
- 7
- Year formed
- 1989
- 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 February 28, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN ESTEP | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| KYLA JONES | SECRETARY Trustee or director, Officer | 1 | $0 |
| LYNN FORKUM | CHAIR Trustee or director, Officer | 1 | $0 |
| BO REESE | TRUSTEE Trustee or director | 1 | $0 |
| CORRIE STOTTS | TRUSTEE Trustee or director | 1 | $0 |
| JOE MORGAN | TRUSTEE Trustee or director | 1 | $0 |
| JORDAN BOYD | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended February 29, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN ESTEP | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| JORDAN BOYD | SECRETARY / TREASURER BEG 01/24 Trustee or director, Officer | 1 | $0 |
| LYNN FORKUM | CHAIR Trustee or director, Officer | 1 | $0 |
| RON STOWELL | SECRETARY / TREASURER END 11/23 Trustee or director, Officer | 1 | $0 |
| BRAD WILLIAMS | TRUSTEE Trustee or director | 1 | $0 |
| CORRIE STOTTS | TRUSTEE BEG 01/24 Trustee or director | 1 | $0 |
| DAVID DAVIS | TRUSTEE END 08/23 Trustee or director | 1 | $0 |
| JOE MORGAN | TRUSTEE Trustee or director | 1 | $0 |
| KYLA PERRY | TRUSTEE BEG 07/23 Trustee or director | 1 | $0 |
| RICH LILLARD | TRUSTEE End 07/23 Trustee or director | 1 | $0 |
| SHAWN HOWE | TRUSTEE END 11/23 Trustee or director | 1 | $0 |
990 for the year ended February 28, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RON STOWELL | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| LYNN FORKUM | CHAIR Trustee or director, Officer | 1 | $0 |
| BRIAN ESTEP | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| SHAWN HOWE | TRUSTEE Trustee or director | 1 | $0 |
| DAVID DAVIS | TRUSTEE Trustee or director | 1 | $0 |
| JOE DALE MORGAN | TRUSTEE Trustee or director | 1 | $0 |
| RICH LILLARD | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1288, MIAMI, OK 74355-1288
- In care of
- % RON STOWELL
- Principal officer (990 for 2024)
- LYNN FORKUM, PO BOX 1288, MIAMI, OK 74355
- Signed the 990
- LYNN FORKUM, CHAIR
- Phone
- (918) 540-2425
- Website
- WWW.MIAMIOKLA.NET
- Return prepared by
- Forvis Mazars LLP
Mission
THE MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY (MDRA) HAS A MULTIFACETED APPROACH TO ITS MISSION. MDRA IS FOCUSING ON THE REVITALIZATION, BEAUTIFICATION, AND ECONOMIC GROWTH OF THE DOWNTOWN AREA OF MIAMI LOCATED ON HISTORIC ROUTE 66 WHILE ALSO PRESERVING AND PROMOTING THE HISTORIC SIGNIFICANCE OF THE COLEMAN THEATRE AND MAIN STREET DISTRICT. THE PRESERVATION EFFORT IS COUPLED WITH A COMMITMENT TO CULTURAL ENRICHMENT THROUGH ARTS, HUMANITIES, EVENTS AS WELL AS EDUCATIONAL PROGRAMMING.
Program accomplishments
- THE MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY (MDRA) HAS A MULTIFACETED APPROACH TO ITS MISSION, FOCUSING ON THE REVITALIZATION, BEAUTIFICATION, AND ECONOMIC GROWTH OF THE DOWNTOWN AREA OF MIAMI LOCATED ON HISTORIC ROUTE 66 WHILE ALSO PRESERVING AND PROMOTING THE HISTORIC SIGNIFICANCE OF THE COLEMAN THEATRE AND MAIN STREET DISTRICT. THE PRESERVATION EFFORT IS COUPLED WITH A COMMITMENT TO CULTURAL ENRICHMENT THROUGH ARTS, HUMANITIES, EVENTS AS WELL AS EDUCATIONAL PROGRAMMING.Expenses $312,859 · revenue $224,562
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 February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | Not on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990 on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990 on file |
IRS record
- EIN
- 73-1345807
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- February
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $482,733
- Income (IRS master file)
- $639,699
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | February 2025 | $632,938 | $416,109 | $482,733 | XML |
| 990 | February 2024 | $362,923 | $301,326 | $280,099 | XML |
| 990 | February 2023 | $359,944 | $294,592 | $235,169 | XML |
| 990 | February 2022 | – | – | – | IRS |
| 990 | February 2021 | – | – | – | IRS |
| 990 | February 2020 | – | – | – | IRS |
| 990 | February 2019 | – | – | – | IRS |
| 990 | February 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 73-1345807).
Questions about MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY
- What is the EIN of MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY?
- The employer identification number (EIN) of MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY is 73-1345807.
- Is MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY 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 MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY due?
- The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended February 2025.
- Who is the principal officer of MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY?
- The 990 for the year ended February 28, 2025 names LYNN FORKUM.
- Who are the officers and directors of MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY?
- The 990 for the year ended February 28, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does MIAMI DOWNTOWN REDEVELOPMENT AUTHORITY have?
- On its 990 for the year ended February 28, 2025 it reported revenue of $632,938, expenses of $416,109 and total assets of $482,733 at year end.
Other nonprofits in MIAMI
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- OKLAHOMA TRIBAL GAMING REGULATORS ASSOCIATION EIN 83-0458398 · last filed 990-EZ for 2024
- MIAMI ROTARY CLUB FOUNDATION INC EIN 73-1533961 · last filed 990-N for 2025
- DOCSERVICES INC EIN 73-1615506 · last filed 990 for 2025
- INTER-TRIBAL COUNCIL INC EIN 73-0791683 · last filed 990 for 2025
- BOY & GIRLS CLUB OF OTTAWA COUNTY EIN 73-1352753 · last filed 990 for 2024
- COMMUNITY CRISIS CENTER INC EIN 73-1115656 · last filed 990 for 2025
- NORTHEASTERN OKLAHOMA A&M COLLEGE DEVELOPMENT FOUNDATION INC EIN 73-1209617 · last filed 990 for 2025
All nonprofits in MIAMI · Oklahoma · Community improvement and capacity building