PROGRESS OKC A COMMUNITY DEVELOPMENT CORPORATION INC

As filed

Subsection

03

NTEE code

S30

Classification

1000

Street

105 N HUDSON AVE STE 101

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

This address is a suite or unit (STE 101). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

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.

• OKLAHOMA CITY REDEVELOPMENT CORP

  EIN 73-1048428

• THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC

  EIN 45-2034774

Mission and programs · 2024

• Entrepreneurship & Small Business - accelerates inclusive growth and strengthens small business by providing technical assistance and coaching for underserved businesses. Components include networking, industry advice and business planning from vetted experts, technological tools, and culturally competent business skills training and facilitation. To date, the program has had over 258 contacts with small and minority-owned businesses and 104 businesses completing the Accelerator Program. Progress OKC is working to secure funding to expand program offerings so that many more businesses can be reached and helped in 2025 and beyond.

  Expenses $90,552 · Revenue $1,355

• Minority Enterprise Development Program - holds an annual National Minority Development Week event in Oklahoma City to highlight minority owned businesses across industries and cultures; celebrate achievements and contributions of these businesses and entrepreneurs; and strengthen the minority business ecosystem through best practice education, consumer relations, technology innovation, and capital investment. Event hosts and partners are diverse stakeholders with Progress OKC serving as lead convener. In 2024 the week included 17 events with 35 partners and had over 600 participants.

  Expenses $24,611

• Housing - Progress OKC builds homes for low-to-moderate (LTM) income buyers. Projects are currently funded by HUD HOME Funds. In 2022 Progress OKC secured funding to build four new homes. All four homes were completed in 2023 and two were sold in early 2024. Since the inception of this program, 13 homes have been completed Eleven of those homes were/will be sold to LTM income buyers and two were market rate homes.

  Expenses $53,011 · Revenue $39,457

• Community Service Facility

  Expenses $76,888 · Revenue $34,630

• KIVA Microloan Program

  Expenses $3,450

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

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.

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

  $156,809

  Expenses

  $253,763

  Contributions

  $83,779

  Grants paid

  $0

• 2023

  Revenue

  $170,539

  Expenses

  $423,278

  Contributions

  $132,981

  Grants paid

  $0

• 2022

  Revenue

  $87,818

  Expenses

  $479,416

  Contributions

  $48,903

  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

  $869,907

  Expenses

  $293,003

  Assets (EOY)

  $1,349,918

• 2020 · 990

  Revenue

  $1,234,344

  Expenses

  $886,709

  Assets (EOY)

  $741,219

• 2018 · 990

  Revenue

  $817,015

  Expenses

  $866,914

  Assets (EOY)

  $437,632

• 2017 · 990

  Revenue

  $268,435

  Expenses

  $52,272

  Assets (EOY)

  $497,052

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

• DONOR ADVISED CHARITABLE GIVING

  $100,000

  2024 · PUBLIC, SOCIETAL BENEFIT

• THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC

  $87,750

  2023 · GENERAL OPERATIONS

Other IRS files