Nonprofit · EIN 45-2034774
THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC
Tax-exempt · OKLAHOMA CITY, OK 73102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,747,350 | $11,639,288 | -$7,891,938 | $1,610,530 | $0 | $1,610,530 |
| June 30, 2024 | 990 | $3,561,551 | $9,545,290 | -$5,983,739 | $9,502,468 | $0 | $9,502,468 |
| June 30, 2023 | 990 | $14,065,207 | $7,622,375 | $6,442,832 | $15,486,207 | $0 | $15,486,207 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,595,724
- Investment income
- $151,626
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $8,830,659
- Compensation of officers, directors and key employees
- $517,896
- Other salaries and wages
- $812,529
- Salaries, compensation and benefits (total)
- $1,526,436
- Professional fundraising fees
- $0
- Legal fees
- $152,358
- Accounting fees
- $75,838
- Occupancy
- $104,180
- Travel
- $2,861
- Depreciation
- $36,785
- Program services (functional)
- $10,999,627
- Management and general (functional)
- $639,661
Balance sheet and other
- Total assets, start of year
- $9,502,468
- Total assets, end of year
- $1,610,530
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,610,530
- Land, buildings and equipment
- $216,820
- Net assets without donor restrictions
- $1,580,092
- Net assets with donor restrictions
- $30,438
- Gross receipts
- $3,747,350
- Employees
- 14
- Volunteers
- 11
- Year formed
- 2011
- State of legal domicile
- OK
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KENTON TSOODLE | PRESIDENT Officer | 40 | $302,255 | $54,868 |
| GERI HARLAN | FORMER CFO Officer | 40 | $205,204 | $21,300 |
| J KEITH KUHLMAN | DIRECTOR OF SPECIAL PROJEC Highest-paid employee | 40 | $131,817 | $8,467 |
| CASSANDRA POOR | DIRECTOR OF REAL ESTATE DE Highest-paid employee | 40 | $112,466 | $9,804 |
| J LARRY NICHOLS | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| RONALD J NORICK | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| CLAYTON I BENNETT | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| DEBRA V HAMPTON | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| CRAIG FREEMAN | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| TONY J TYLER | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| MICHAEL BROOKS-JIMINEZ | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| JAMES R TOLBERT III | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| COUNCILWOMAN BARBARA PECK | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| ROY H WILLIAMS | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| RHONDA HOOPER | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KENTON TSOODLE | PRESIDENT Officer | 40 | $282,278 | $58,578 |
| GERI HARLAN | CFO Officer | 40 | $200,863 | $21,293 |
| J KEITH KUHLMAN | DIRECTOR OF SPECIAL PROJEC Highest-paid employee | 40 | $125,930 | $7,715 |
| J LARRY NICHOLS | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| RONALD J NORICK | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| CLAYTON I BENNETT | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| DEBRA V HAMPTON | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| CRAIG FREEMAN | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| TONY J TYLER | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| MICHAEL BROOKS-JIMINEZ | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| JAMES R TOLBERT III | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| COUNCILWOMAN BARBARA PECK | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| ROY H WILLIAMS | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| RHONDA HOOPER | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KENTON TSOODLE | PRESIDENT Officer | 40 | $202,092 | $40,754 |
| GERI HARLAN | CFO Officer | 40 | $184,835 | $19,679 |
| CATHERINE R O'CONNOR | FORMER PRESIDENT Officer | 40 | $152,212 | $12,933 |
| J KEITH KUHLMAN | DIRECTOR OF SPECIAL PROJECTS Highest-paid employee | 40 | $120,013 | $7,077 |
| CASSANDRA POOR | DIRECTOR OF REAL ESTATE DEVELOP. Highest-paid employee | 45 | $102,274 | $8,888 |
| J LARRY NICHOLS | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| RONALD J NORICK | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| CLAYTON I BENNETT | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| DEBRA V HAMPTON | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| CRAIG FREEMAN | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| TONY J TYLER | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| MICHAEL BROOKS-JIMINEZ | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| JAMES R TOLBERT III | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| COUNCILWOMAN BARBARA PECK | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| ROY H WILLIAMS | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| RHONDA HOOPER | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 105 N HUDSON AVE STE 101, OKLAHOMA CITY, OK 73102-4801
- Principal officer (990 for 2024)
- KENTON TSOODLE, 105 N HUDSON 101, OKLAHOMA CITY, OK 73102
- Signed the 990
- KENTON TSOODLE, PRESIDENT
- Phone
- (405) 604-6780
- Website
- WWW.THEALLIANCEOKC.ORG
- Return prepared by
- HOGANTAYLOR LLP
Mission
TO FOSTER ECONOMIC DEVELOPMENT THROUGH PRIVATE AND PUBLIC COLLABORATIONS TO CREATE NEW JOB OPPORTUNITIES AND BRING ABOUT URBAN REDEVELOPMENT BY MEANS OF CONSOLIDATED AND COORDINATED PUBLIC AGENCY ECONOMIC DEVELOPMENT FUNCTIONS.
Program accomplishments
- THE CITY OF OKLAHOMA CITY CONTRACTED THE ALLIANCE TO MANAGE THE CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS BUSINESS SUPPORT PROGRAM PURSUANT TO THE AMERICAN RESCUE PLAN ACT (ARPA). THE ALLIANCE DIRECTLY MANAGES PROGRAMS FOR TECHNICAL ASSISTANCE, FACADE IMPROVEMENT, PANDEMIC MITIGATION, AND BUSINESS DISTRICT CAPACITY BUILDING GRANTS. ELIGIBLE BENEFICIARIES SUBMIT APPLICATIONS THAT ARE PROCESSED BY THE ALLIANCE AND APPROVED BY THE CITY FOR SERVICES BY THIRD-PARTY TECHNICAL ASSISTANCE PROVIDERS, REIMBURSEMENT OF COMMERCIAL UPGRADES, OR GRANT FUNDS. THE ALLIANCE CONTRACTS OUT MANAGEMENT OF PROGRAMS RELATED TO WORKFORCE DEVELOPMENT AND JOB TRAINING, ACCELERATOR TRAINING FOR SMALL BUSINESSES, AND SUPPLIER SERVICES TO ASSIST MINORITY FIRMS IN GETTING CONTRACTS. APPLICATIONS ARE COLLECTED BY CONTRACTORS AND APPROVED BY THE ALLIANCE AND THE CITY.Expenses $9,037,478 · grants $8,830,659 · revenue $1,180,500
- PROVISION OF PROFESSIONAL ECONOMIC DEVELOPMENT MANAGEMENT SERVICES AND ADVISORY SERVICES TO THE CITY OF OKLAHOMA CITY AND THE OKLAHOMA CITY ECONOMIC DEVELOPMENT TRUST, INCLUDING SERVICES IN CONNECTION WITH THE CITY OF OKLAHOMA CITY'S MAPS 4 PROGRAM. POLICY-MAKING AUTHORITY REMAINS IN THE GOVERNING BODIES OF THE ENTITIES BEING SERVED.Expenses $502,304 · revenue $618,290
- PROVISION OF PROFESSIONAL ECONOMIC DEVELOPMENT MANAGEMENT AND ADVISORY SERVICES TO THE OKLAHOMA CITY URBAN RENEWAL AUTHORITY. AS PART OF THIS ARRANGEMENT, THIS ORGANIZATION'S PRESIDENT, KENTON TSOODLE, ACTED AS EXECUTIVE DIRECTOR OF THE OKLAHOMA CITY URBAN RENEWAL AUTHORITY (KENTON TSOODLE RECEIVES NO COMPENSATION FROM THE OKLAHOMA CITY URBAN RENEWAL AUTHORITY). POLICY-MAKING AUTHORITY REMAINS IN THE GOVERNING BODY OF THE ENTITY BEING SERVED.Expenses $763,436 · revenue $939,719
- PROVISION OF PROFESSIONAL ECONOMIC DEVELOPMENT MANAGEMENT AND ADVISORY SERVICES TO THE OKLAHOMA INDUSTRIES AUTHORITY, AND OKLAHOMA CITY INDUSTRIAL AND CULTURAL FACILITIES TRUST AND PORT AUTHORITY . AS PART OF THIS ARRANGEMENT, THIS ORGANIZATION'S PRESIDENT, KENTON TSOODLE, ACTED AS GENERAL MANAGER OF THE OKLAHOMA INDUSTRIES AUTHORITY. (KENTON TSOODLE RECEIVES NO COMPENSATION FROM THE OKLAHOMA INDUSTRIES AUTHORITY). POLICY-MAKING AUTHORITY REMAINS IN THE GOVERNING BODY OF THE ENTITY BEING SERVED.Expenses $696,409 · revenue $857,216
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-2034774
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $1,610,530
- Income (IRS master file)
- $3,747,350
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,747,350 | $11,639,288 | $1,610,530 | IRS |
| 990 | June 2024 | $3,561,551 | $9,545,290 | $9,502,468 | IRS |
| 990 | June 2023 | $14,065,207 | $7,622,375 | $15,486,207 | XML |
| 990 | June 2022 | $10,951,032 | $2,739,918 | $9,043,375 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2034774).
Questions about THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC
- What is the EIN of THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC?
- The employer identification number (EIN) of THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC is 45-2034774.
- Is THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2012.
- Are donations to THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC?
- The 990 for the year ended June 30, 2025 names KENTON TSOODLE.
- Who are the officers and directors of THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC?
- The 990 for the year ended June 30, 2025 lists 15 people; 4 received compensation from the organization, the highest $302,255 (KENTON TSOODLE, PRESIDENT).
- How much revenue does THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,747,350, expenses of $11,639,288 and total assets of $1,610,530 at year end.
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All nonprofits in OKLAHOMA CITY · Oklahoma · Community improvement and capacity building