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RURAL ENTERPRISES OF OKLAHOMA INC

EIN 73-1129417 DURANT, OK

Largest nonprofits in Oklahoma

Revenue 2024
$6,778,906
Expenses 2024
$5,591,626

Program services were 66.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S32Z
Classification
1000
Street
2912 ENTERPRISE DRIVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

REI OKLAHOMA EXPANDS ECONOMIC OPPORTUNITIES FOR OKLAHOMANS BY PROVIDING FLEXIBLE FINANCING AND DEVELOPMENT SERVICES TO INDIVIDUALS, BUSINESSES, AND ENTREPRENEURS WITH LIMITED ACCESS TO RESOURCES.

Activities or mission (Part I)

RURAL ENTERPRISES OF OKLAHOMA, INC 'S (REI OK) MISSION IS TO EXPAND PROSPERITY IN OKLAHOMA.REI OKLAHOMA EXPANDS ECONOMIC OPPORTUNITIES FOR OKLAHOMANS BY PROVIDING FLEXIBLE FINANCING AND DEVELOPMENT SERVICES TO INDIVIDUALS, BUSINESSES, AND ENTREPRENEURS WITH LIMITED ACCESS TO RESOURCES. REI BUSINESS LENDING PROVIDES CAPITAL TO BUSINESSES AND COLLABORATES CLOSELY WITH LOCAL LENDERS TO HELP ENTREPRENEURS NAVIGATE THROUGH LENDING RESOURCES. REI WOMAN'S BUSINESS CENTER AND REI MINORITY BUSINESS CENTER OFFER UNIQUE TRAININGS, AS WELL AS TECHNICAL ASSISTANCE AND BUSINESS ASSISTANCE SERVICES TO CLIENTS THROUGHOUT THE STATE. THIS INCLUDES TRAINING, FINANCIAL, AND TECHNICAL ASSISTANCE SERVICES FOR THE CREATION OF NEW BUSINESSES AND THE EXPANSION OF EXISTING BUSINESSES. REI OKLAHOMA PROVIDES DEVELOPMENT CAPITAL IN THE FORM OF LOANS WHICH MAY BE USED AS A BASIS TO LEVERAGE PUBLIC AND PRIVATE RESOURCES NECESSARY TO ESTABLISH OR EXPAND BUSINESS IN OKLAHOMA.

  • ASSISTANCE TO ENTREPRENEURS INCLUDING TRAINING, BUSINESS RENTAL SPACE, AND DEVELOPMENT CAPITAL IN THE FORM OF LOANS WHICH ARE USED AS A BASIS TO LEVERAGE PUBLIC AND PRIVATE RESOURCES NECESSARY TO ESTABLISH OR EXPAND BUSINESSES IN OKLAHOMA.

    Expenses $2,298,126 · Grants $261,975 · Revenue $1,053,600

  • RURAL ENTERPRISES OF OKLAHOMA, INC. OFFERS MULTIPLE HOUSING OPPORTUNITIES FOR ELIGIBLE BORROWERS THROUGHOUT THE STATE OF OKLAHOMA. THE PROGRAMS INCLUDES AN OFFERING OF DOWN PAYMENT ASSISTANCE. REI ALSO PROVIDES FINANCING IN THE FORM OF LOANS FOR HOUSING PROJECTS SERVING VERY LOW AND LOW INCOME TENANTS.

    Expenses $1,399,528 · Grants $599,797 · Revenue $1,391,392

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Jeff Greenlee

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Brian Alford

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Clayton Lodes

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Kyle Hughbanks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Gary Sherrer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Martin Vanmeter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Dr Fern Green-Bowling

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Clayton Taylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Chris Meyers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • John Harper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Dewald

    PRESIDENT/CEO

    Total calculated
    $530,042
    From this org
    $487,375
    From related orgs
    $0
    Other
    $42,667
    Hours/week
    17 + 19 related

    Schedule J breakdown matched by us

    Base
    $333,697
    Bonus
    $141,640
    Other
    $12,038
    Deferred
    $27,487
    Nontaxable benefits
    $15,180
    Filer's total
    $530,042
  • Sherry Harlin

    COO

    Total calculated
    $359,122
    From this org
    $330,554
    From related orgs
    $0
    Other
    $28,568
    Hours/week
    36

    Schedule J breakdown matched by us

    Base
    $226,722
    Bonus
    $101,561
    Other
    $2,271
    Deferred
    $18,518
    Nontaxable benefits
    $10,050
    Filer's total
    $359,122
  • Debbie Partin

    SVP-LENDING

    Total calculated
    $286,933
    From this org
    $260,220
    From related orgs
    $0
    Other
    $26,713
    Hours/week
    12 + 24 related

    Schedule J breakdown matched by us

    Base
    $196,012
    Bonus
    $63,369
    Other
    $839
    Deferred
    $16,106
    Nontaxable benefits
    $10,607
    Filer's total
    $286,933
  • Lori Hill

    CFO

    Total calculated
    $273,273
    From this org
    $250,232
    From related orgs
    $0
    Other
    $23,041
    Hours/week
    13 + 23 related

    Schedule J breakdown matched by us

    Base
    $187,234
    Bonus
    $60,254
    Other
    $2,744
    Deferred
    $15,315
    Nontaxable benefits
    $7,726
    Filer's total
    $273,273
  • Dena Sherrill

    VP-HOUSING

    Total calculated
    $210,124
    From this org
    $189,188
    From related orgs
    $0
    Other
    $20,936
    Hours/week
    36

    Schedule J breakdown matched by us

    Base
    $141,794
    Bonus
    $46,493
    Other
    $901
    Deferred
    $11,662
    Nontaxable benefits
    $9,274
    Filer's total
    $210,124
  • James Harrington

    VP-BUSINESS RESOURCES

    Total calculated
    $168,798
    From this org
    $144,072
    From related orgs
    $0
    Other
    $24,726
    Hours/week
    36

    Schedule J breakdown matched by us

    Base
    $112,146
    Bonus
    $31,186
    Other
    $740
    Deferred
    $9,795
    Nontaxable benefits
    $14,931
    Filer's total
    $168,798
  • Susan Bates

    SR. LOAN OFFICER

    Total calculated
    $160,163
    From this org
    $143,427
    From related orgs
    $0
    Other
    $16,736
    Hours/week
    36

    Schedule J breakdown matched by us

    Base
    $114,077
    Bonus
    $29,229
    Other
    $121
    Deferred
    $9,298
    Nontaxable benefits
    $7,438
    Filer's total
    $160,163
  • Melanie Anthony

    SR DIRECTOR OF MARKETING

    Total calculated
    $146,532
    From this org
    $129,558
    From related orgs
    $0
    Other
    $16,974
    Hours/week
    36
  • Jeremy Layman

    HOUSING MANAGER

    Total calculated
    $127,352
    From this org
    $109,171
    From related orgs
    $0
    Other
    $18,181
    Hours/week
    36
  • Autumn Thurman

    CONTROLLER

    Total calculated
    $112,083
    From this org
    $106,540
    From related orgs
    $0
    Other
    $5,543
    Hours/week
    36
  • Heidi McKnight

    HR BENEFITS ADMINISTRATOR

    Total calculated
    $114,914
    From this org
    $106,023
    From related orgs
    $0
    Other
    $8,891
    Hours/week
    36

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $6,778,906
    Expenses
    $5,591,626
    Contributions
    $3,754,569
    Grants paid
    $861,772
  • 2023
    Revenue
    $6,534,518
    Expenses
    $6,123,729
    Contributions
    $3,258,471
    Grants paid
    $746,660
  • 2022
    Revenue
    $7,140,966
    Expenses
    $10,874,682
    Contributions
    $2,616,091
    Grants paid
    $6,326,688

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $15,173,432
    Expenses
    $14,814,110
    Assets (EOY)
    $41,908,355
  • 2020 · 990

    Revenue
    $12,971,221
    Expenses
    $11,418,640
    Assets (EOY)
    $39,228,336
  • 2019 · 990

    Revenue
    $8,155,171
    Expenses
    $6,874,472
    Assets (EOY)
    $37,193,288
  • 2018 · 990

    Revenue
    $9,698,995
    Expenses
    $7,587,217
    Assets (EOY)
    $35,723,868
  • 2017 · 990

    Revenue
    $11,357,367
    Expenses
    $8,512,514
    Assets (EOY)
    $34,312,226
  • 2016 · 990

    Revenue
    $9,318,400
    Expenses
    $8,886,358
    Assets (EOY)
    $30,973,754
  • 2015 · 990

    Revenue
    $9,574,332
    Expenses
    $8,389,276
    Assets (EOY)
    $30,861,259
  • 2014 · 990

    Revenue
    $5,517,303
    Expenses
    $5,507,964
    Assets (EOY)
    $29,789,949
  • 2013 · 990

    Revenue
    $5,663,729
    Expenses
    $4,064,448
    Assets (EOY)
    $30,054,846
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $4,484,762
    Assets (EOY)
    $29,676,619

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

  • 2022 TO ESTABLISH NEW ENTITY FOR THE PURPOSE TO PROMOTE ECONOMIC DEVELOPMENT AND GROWTH THROUGH THE PURSUIT OF APPLICATION TO BECOME A CERTIFIED DEVELOPMENT FINANCIAL INSTITUTION (CDFI).

  • DEEP BRANCH WINERY

    $88,000

    2022 TO PURCHASE EQUIPMENT

  • 2023 TO CAPITALIZE LOAN POOL FOR LENDING

  • 2024 TO CAPITALIZE LOAN POOL FOR LENDING

Where these grants went next →

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.