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Tulsa Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 731084819 ✦ Tulsa, OK ✦ Designated as a 501(c)(3)

Overview

What is Tulsa Economic Development Corporation?

Tulsa Economic Development Corporation (TEDC) is a nonprofit organization situated in Tulsa, Oklahoma. Established in 1979 with a mission to promote and sustain the growth of small businesses in the city, TEDC continues to fulfill this role today. Funded primarily through reimbursements from the U.S. Department of Housing & Urban Development's Community Development Block Grant (CDBG) program, as a sub-recipient of the City of Tulsa, TEDC manages project delivery costs. With a dedicated workforce of 26 employees, TEDC serves as a vital catalyst for the development and success of small businesses in Tulsa.


Official website here: www.tedcnet.com

Is Tulsa Economic Development Corporation legitimate?

Tulsa Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tulsa Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $220,659
Professional Fundraising Fees: $51,080
Other Salaries and Wages: $1,127,332

For more financial information, click here


Official website here: www.tedcnet.com

What is the mission statement of Tulsa Economic Development Corporation?

The Tulsa Economic Development Corporation, established in 1979, is dedicated to fostering and sustaining the expansion of small businesses. As its mission, the organization aims to promote the growth of local businesses, serving as a catalyst for economic development. Funding for TEDC's activities comes from the U.S. Department of Housing & Urban Development's CDBG program, which provides reimbursements for project delivery costs.


Official website here: www.tedcnet.com

Who is the CEO of Tulsa Economic Development Corporation?

Rose Washington is the Executive Director of Tulsa Economic Development Corporation.


Official website here: www.tedcnet.com

What is the revenue of Tulsa Economic Development Corporation?

Tulsa Economic Development Corporation's revenue in 2022 was $6,170,732.


Official website here: www.tedcnet.com

Who are the executives of Tulsa Economic Development Corporation and what are their salaries?

The average compensation at Tulsa Economic Development Corporation during 2022 was $51,846. There are 26 employees and 15 volunteers at Tulsa Economic Development Corporation.

Here are 16 key members and their salaries:

    Rose Washington (Executive Director)
  • Compensation: $185,000
  • Related: $0
  • Other: $22,196

    • Greg Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Baker (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gilbert Gerst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cassia Carr (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt King (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marilyn Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shanann Passley (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Belkis Barrera Lane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Quigley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gil Eacret (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Javier Gamarra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyce Mcclellan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Casey Stowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Troilo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tedcnet.com

    Where can I find the form 990 for Tulsa Economic Development Corporation?

    The Tulsa Economic Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tedcnet.com

    Learn more at the official website: www.tedcnet.com

    Mission Statement of Tulsa Economic Development Corporation

    Tulsa Economic Development Corporation, established in 1979, is an organization with a mission centered on fostering and sustaining the growth of small businesses in the city. This nonprofit corporation, known as TEDC, plays a crucial role in promoting a thriving small business community within Tulsa. Funded through the U.S. Department of Housing & Urban Development's Community Development Block Grant (CDBG) program, TEDC receives reimbursements for project delivery costs, which further supports its mission. TEDC's activities are geared towards ensuring the prosperity of small businesses in the city, thereby contributing to Tulsa's overall economic growth.

    Impact

    This information is meant to be a general summary of Tulsa Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Tulsa Economic Development Corporation promotes and sustains small business growth in Tulsa. TEDC works towards this mission by receiving funding from the U.S. Department of Housing & Urban Development's CDBG program as a City of Tulsa sub-recipient. This funding includes reimbursements for project delivery costs. Founded in 1979, TEDC plays a vital role in the economic development of Tulsa by supporting the growth of small businesses in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $399,515
  • Program Service Revenue: $672,627
  • Gross Receipts: $6,195,130

    • Assets and Liabilities:
  • Total Assets: $38,001,915
  • Total Liabilities: $12,800,998
  • Net Assets: $25,200,917
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Fee Income

    Revenue

    $421,622

    Rental Income

    Revenue

    $251,005

    Organization Details

    Founding Year

    1979

    Principal Officer

    Rose Washington

    Main Address

    125 West Third Street Second Floor, Tulsa, OK, 74103

    NTEE Category

    Code: S430 - Community improvement

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