Development Enterprises Of Central Oklahoma Incorporated

Organization Overview

Development Enterprises Of Central Oklahoma Incorporated is located in Shawnee, OK. The organization was established in 2011. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Development Enterprises Of Central Oklahoma Incorporated employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Development Enterprises Of Central Oklahoma Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Development Enterprises Of Central Oklahoma Incorporated generated $126.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (32.5%) each year. All expenses for the organization totaled $139.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES SAFE, DECENT, SANITARY, AFFORDABLE HOUSING TO VERY LOW AND SOME MODERATE INCOME RESIDENTS. PROVIDES COMMUNITY REDEVELOPMENT TO PREVENT THE SPREAD OF SLUM CONDITIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SAFE, DECENT, SANITARY, AFFORDABLE HOUSING TO VERY LOW AND SOME MODERATE INCOME RESIDENTS INCLUDING FAMILIES, EDLERLY, DISABLED, AND HANDICAPPED PERSONS. TO PROVIDE COMMUNITY REDEVELOPMENT TO PREVENT THE SPREAD OF SLUM CONDITIONS.


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Board, Officers & Key Employees

Name (title)Compensation
James T Stuart
Vice-Pres
$0
Randy G Thomason
Sec/treas
$0
Dr Chris Waddell
President
$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$110,883
Investment income $12,808
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $126,139

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