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Nonprofit · EIN 73-1503907

CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION

Tax-exempt · NORMAN, OK 73069

Financials

$1.6M$1.2M2023$1.5M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,464,453$1,273,773$190,680$11,978,903$291,735$11,687,168
December 31, 2023990$1,649,929$1,211,102$438,827$11,594,377$97,889$11,496,488
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$500,478
of which government grants
$500,000
Program service revenue
$500,000
Investment income
$47,577
Net rental income
$43,881
Net income from fundraising events
$154,543
Other revenue
$416,398

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$374,726
Salaries, compensation and benefits (total)
$414,947
Professional fundraising fees
$0
Legal fees
$14,943
Accounting fees
$32,729
Occupancy
$74,585
Travel
$12,785
Depreciation
$127,473
Program services (functional)
$1,273,773

Balance sheet and other

Total assets, start of year
$11,594,377
Total assets, end of year
$11,978,903
Total liabilities, end of year
$291,735
Net assets, end of year
$11,687,168
Land, buildings and equipment
$4,372,490
Net assets without donor restrictions
$11,687,168
Gross receipts
$1,622,574
Employees
4
Volunteers
21
Year formed
1996
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.

NameTitleHours / weekCompensationOther / benefits
LAWRENCE MCKINNEYPRESIDENT
Highest-paid employee
–$285,771$11,137
ANDY SHERRERTREASURER
Trustee or director
–$0$0
MATT CLOUSECHAIRPERSON
Officer
–$0$0
VERNON MCKOWNVICE CHAIRMA
Officer
–$0$0
CHUCK THOMPSONSECRETARY
Officer
–$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
LAWRENCE MCKINNEYPRESIDENT
Highest-paid employee
–$268,392$10,736
JIM ADAIRMEMBER AT LA
Trustee or director
–$0$0
ROD CLEVELANDCORE BOARD M
Trustee or director
–$0$0
BRIAN HOLDERREADCORE BOARD M
Trustee or director
–$0$0
SCOTT MARTINCORE BOARD M
Trustee or director
–$0$0
DARREL PYLECORE BOARD M
Trustee or director
–$0$0
BRIAN RUTTMANCORE BOARD M
Trustee or director
–$0$0
CASEY VINYARDMEMBER AT LA
Trustee or director
–$0$0
PATRICK GRACECHAIRPERSON
Officer
–$0$0
DAVID NIMMOVICE CHAIRMA
Officer
–$0$0
CHUCK THOMPSONSECRETARY/TR
Officer
–$0$0

Address and contacts

Address (IRS master file)
424 W MAIN ST, NORMAN, OK 73069-1313
In care of
% ANNA-MARY SUGGS
Principal officer (990 for 2024)
LAWRENCE MCKINNEY, 424 W MAIN ST, NORMAN, OK 73069
Signed the 990
LAWRENCE MCKINNEY, PRESIDENT
Phone
(405) 573-1900
Return prepared by
HARRISON HENDERSON PLLC

Mission

IMPROVING THE QUALITY OF LIFE OF NORMAN RESIDENTS THROUGH THE CREATION AND RETENTION OF JOBS.

990 for the year ended December 31, 2024

Program accomplishments

  • ENCOURAGING AND PROMOTING EXPANSION OF THE ECONOMIC BASE FOR THE BENEFIT OF NORMAN, OK THROUGH THE RETENTION OF EXISTING BUSINESS AND INDUSTRY AND THE ATTRACTION OF NEW BUSINESS AND INDUSTRY.
  • ENCOURAGING AND PROMOTING EXPANSION OF THE ECONOMIC BASE FOR THE BENEFIT OF NORMAN, OK THROUGH THE RETENTION OF EXISTING BUSINESS AND INDUSTRY AND THE ATTRACTION OF NEW BUSINESS AND INDUSTRY.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
73-1503907
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,978,903
Income (IRS master file)
$1,622,574

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,464,453$1,273,773$11,978,903XML
990December 2023$1,649,929$1,211,102$11,594,377XML
990December 2022–––IRS
990June 2022$604,848$852,864$10,350,923IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 73-1503907).

Questions about CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION

What is the EIN of CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION?
The employer identification number (EIN) of CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION is 73-1503907.
Is CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1997.
Are donations to CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION 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 CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION 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 CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION 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 CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION?
The 990 for the year ended December 31, 2024 names LAWRENCE MCKINNEY.
Who are the officers and directors of CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $285,771 (LAWRENCE MCKINNEY, PRESIDENT).
How much revenue does CLEVELAND COUNTY ECONOMIC DEVELOPMENT COALITION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,464,453, expenses of $1,273,773 and total assets of $11,978,903 at year end.

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