Midwestern Oklahoma Development Authority
- Assets
- $8.3m
- Revenue
- $845.5k
- Investments
- $0.0
- Employees
- 6
- Location
- Burns Flat, OK
- Founding
- 01/1972
- Data as of
- 09/2022
- EIN
- 73-0791758
Organization Overview
Midwestern Oklahoma Development Authority is located in Burns Flat, OK. The organization was established in 1972. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2022, Midwestern Oklahoma Development Authority employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwestern Oklahoma Development Authority is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2022, Midwestern Oklahoma Development Authority generated $845.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $459.7k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Midwestern Oklahoma Development Authority has awarded 31 individual grants totaling $488,974. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC DEVELOPMENT & HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF CLINTON-SHERMAN INDUSTRIAL AIRPARK HOUSING AND PROMOTION OF ECONOMIC DEVELOPMENT IN WESTERN OKLAHOMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Guy Hylton Chairman | OfficerTrustee | 0 | $0 |
Jason Hulin Member | Trustee | 0 | $0 |
Kathy Carlisle Executive Director | 0 | $0 | |
Jimmy Ingram Member | Trustee | 0 | $0 |
Rick Weist Member | Trustee | 0 | $0 |
Basil Weatherly Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $248,272 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $373,725 |
| Net Gain/Loss on Asset Sales | $108,732 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $845,513 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $81,456 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $77,787 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,167 |
| Pension plan accruals and contributions | $24,633 |
| Other employee benefits | $36,425 |
| Payroll taxes | $14,900 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,249 |
| Fees for services: Accounting | $20,110 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,631 |
| Office expenses | $3,804 |
| Information technology | $1,378 |
| Royalties | $0 |
| Occupancy | $16,223 |
| Travel | $4,200 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $597 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,048 |
| Insurance | $32,922 |
| All other expenses | $0 |
| Total functional expenses | $459,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $306,380 |
| Savings and temporary cash investments | $4,834,333 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,594 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,553 |
| Net Land, buildings, and equipment | $3,038,944 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $63,362 |
| Total assets | $8,270,166 |
| Accounts payable and accrued expenses | $116,540 |
| Grants payable | $80,640 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $67,248 |
| Total liabilities | $264,428 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $8,005,738 |
| Total liabilities and net assets/fund balances | $8,270,166 |
Grants Awarded
Over the last fiscal year, Midwestern Oklahoma Development Authority has awarded $70,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF SAYRE PURPOSE: Sisson Street overlay | $25,000 |
CITY OF WEATHERFORD PURPOSE: Downtown and parks signage | $25,000 |
TOWN OF SENTINEL PURPOSE: Town Hall repairs | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Midwestern Oklahoma Development Authority has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
Telligen Community Initiative West Des Moines, IA PURPOSE: ASSIST IN FUNDING SALARIES FOR AN RN AND PATIENT NAVIGATOR FOR A MOBILE MEDICAL UNIT TO PROVIDE TELEHEALTH SERVICES FOR OPIOID USE DISORDER (OUD). OUD SERVICES WILL BE PROVIDED TO THE UNDER-SERVED, RURAL COMMUNITIES IN ALFALFA, BEAVER, BECKHAM, BLAINE, CADDO, CIMARRON, CUSTER, DEWEY, ELLIS, GARFIELD, GRANT, GREER, HARMON, HARPER, JACKSON, KIOWA, MAJOR, ROGER MILLS, TEXAS, TILLMAN, WASHITA, WOODS, WOODWARD COUNTIES IN OKLAHOMA. | $50,000 |
Telligen Community Initiative West Des Moines, IA PURPOSE: ASSIST IN FUNDING SALARIES FOR AN RN AND PATIENT NAVIGATOR FOR A MOBILE MEDICAL UNIT TO PROVIDE TELEHEALTH SERVICES FOR OPIOID USE DISORDER (OUD). OUD SERVICES WILL BE PROVIDED TO THE UNDER-SERVED, RURAL COMMUNITIES IN ALFALFA, BEAVER, BECKHAM, BLAINE, CADDO, CIMARRON, CUSTER, DEWEY, ELLIS, GARFIELD, GRANT, GREER, HARMON, HARPER, JACKSON, KIOWA, MAJOR, ROGER MILLS, TEXAS, TILLMAN, WASHITA, WOODS, WOODWARD COUNTIES IN OKLAHOMA. | $50,000 |
Telligen Community Initiative West Des Moines, IA PURPOSE: ASSIST IN FUNDING SALARIES FOR AN RN AND PATIENT NAVIGATOR FOR A MOBILE MEDICAL UNIT TO PROVIDE TELEHEALTH SERVICES FOR OPIOID USE DISORDER (OUD). OUD SERVICES WILL BE PROVIDED TO THE UNDER-SERVED, RURAL COMMUNITIES IN ALFALFA, BEAVER, BECKHAM, BLAINE, CADDO, CIMARRON, CUSTER, DEWEY, ELLIS, GARFIELD, GRANT, GREER, HARMON, HARPER, JACKSON, KIOWA, MAJOR, ROGER MILLS, TEXAS, TILLMAN, WASHITA, WOODS, WOODWARD COUNTIES IN OKLAHOMA. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Oklahoma Regional Disposal Inc Ardmore, OK | $26,583,430 | $8,747,101 |
Refuge For Dmst Austin, TX | $8,762,673 | $5,480,979 |
Journey To New Life Inc Kansas City, MO | $2,130,182 | $5,937,979 |
Tom And Judy Love Foundation Oklahoma City, OK | $25,645,050 | $2,597,711 |
Las Campanas Water And Sewer Cooperative Santa Fe, NM | $20,840,511 | $2,681,425 |
Virginia Clay Dorman Foundation Fort Worth, TX | $16,953,466 | $1,907,233 |
National Association For Public Defense Inc Denver, CO | $459,482 | $1,119,408 |
Linda Hall Library Foundation Kansas City, MO | $2,032,443 | $752,725 |
Arkansas Justice Collective Springdale, AR | $465,540 | $883,809 |
Extended Hands Of Hope Broomfield, CO | $306,089 | $434,072 |
Gateway Center For The Performing Arts Association Webster Groves, MO | $59,726 | $624,462 |
Spirit Of St Louis Air Show Chesterfield, MO | $1,107,565 | $1,329,017 |