REI DEVELOPMENT CORP

As filed

Subsection

03

NTEE code

S41

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).

Mission and programs · 2024

• SINCE 2003, REI HAS CONDUCTED ECONOMIC DEVELOPMENT IN ECONOMICALLY DISTRESSED AREAS OF OKLAHOMA BY PROVIDING INVESTMENT CAPITAL THROUGH THE NEW MARKET TAX CREDIT PROGRAMS USED TO REVITALIZE LOW INCOME COMMUNITIES IN OKLAHOMA AND ENCOURAGE BUSINESSES TO LOCATE IN THESE ECONOMICALLY DEPRESSED COMMUNITIES.

  Expenses $2,052,009 · Revenue $3,154,041

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.

• CLAYTON TAYLOR

  DIRECTOR

  Total calculated

  $0

  Hours/week

  1 + 1 related

• JEFF GREENLEE

  DIRECTOR

  Total calculated

  $0

  Hours/week

  1 + 1 related

• KYLE HUGHBANKS

  DIRECTOR

  Total calculated

  $0

  Hours/week

  1 + 1 related

• MARTIN VANMETER

  DIRECTOR

  Total calculated

  $0

  Hours/week

  1 + 1 related

• SCOTT DEWALD

  PRESIDENT/CEO

  Total calculated

  $530,042

  From this org

  $0

  From related orgs

  $487,375

  Other

  $42,667

  Hours/week

  19 + 17 related

  Schedule J breakdown matched by us

  Base

  $0 + $333,697 related

  Bonus

  $0 + $141,640 related

  Other

  $0 + $12,038 related

  Deferred

  $0 + $27,487 related

  Nontaxable benefits

  $0 + $15,180 related

  Filer's total

  $0 + $530,042 related

• DEBBIE PARTIN

  EXECUTIVE VICE PRESIDENT

  Total calculated

  $286,933

  From this org

  $0

  From related orgs

  $260,220

  Other

  $26,713

  Hours/week

  24 + 12 related

  Schedule J breakdown matched by us

  Base

  $0 + $196,012 related

  Bonus

  $0 + $63,369 related

  Other

  $0 + $839 related

  Deferred

  $0 + $16,106 related

  Nontaxable benefits

  $0 + $10,607 related

  Filer's total

  $0 + $286,933 related

• LORI HILL

  TRASURER/SECRETARY

  Total calculated

  $273,272

  From this org

  $0

  From related orgs

  $250,232

  Other

  $23,040

  Hours/week

  23 + 13 related

  Schedule J breakdown matched by us

  Base

  $0 + $187,234 related

  Bonus

  $0 + $60,254 related

  Other

  $0 + $2,744 related

  Deferred

  $0 + $15,315 related

  Nontaxable benefits

  $0 + $7,725 related

  Filer's total

  $0 + $273,272 related

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

  $3,223,676

  Expenses

  $2,227,160

  Contributions

  $0

  Grants paid

  $0

• 2023

  Revenue

  $2,804,959

  Expenses

  $1,912,849

  Contributions

  $0

  Grants paid

  $0

• 2022

  Revenue

  $1,946,749

  Expenses

  $1,781,084

  Contributions

  $0

  Grants paid

  $0

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

  $1,742,027

  Expenses

  $1,984,558

  Assets (EOY)

  $6,814,978

• 2020 · 990

  Revenue

  $2,539,238

  Expenses

  $2,100,701

  Assets (EOY)

  $7,379,770

• 2019 · 990

  Revenue

  $3,377,760

  Expenses

  $3,336,168

  Assets (EOY)

  $7,504,048

• 2018 · 990

  Revenue

  $2,482,332

  Expenses

  $3,644,192

  Assets (EOY)

  $6,173,674

• 2017 · 990

  Revenue

  $2,176,742

  Expenses

  $4,072,140

  Assets (EOY)

  $7,033,184

• 2016 · 990

  Revenue

  $1,790,217

  Expenses

  $1,244,834

  Assets (EOY)

  $7,580,413

• 2015 · 990

  Revenue

  $1,921,258

  Expenses

  $2,065,833

  Assets (EOY)

  $6,300,516

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.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

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.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files