2023-05-08T15:07:53-05:00 2022-12-31 990 2022-01-01 811435304 PROGRESS OKC CDC % KIMBERLY S FRANCISCO PROG 4056046780 105 N HUDSON AVENUE Ste 101 OKLAHOMA CITY OK 73102 KIMBERLY S FRANCISCO EXECUTIVE DIRECTOR 4056046780 2023-05-08 KIMBERLY FRANCISCO XXX-XX-XXXX false 1 AAL2 IAL1 2022 2023-04-26 12:10:37Z KENTON TSOODLE 105 N HUDSON AVE Ste 101 OKLAHOMA CITY OK 73102 87818 false X WWW.PROGRESSOKC.ORG X 2015 OK PROMOTE EMPLOYMENT HOUSINGAND ECONOMIC DEVELOPMENT IN UNDERSERVED AND DISINVESTED COMMUNITIES THROUGHOUT OKLAHOMA CITY 6 6 0 6 0 586033 48903 283867 38795 7 120 0 869907 87818 0 0 0 0 0 293003 479416 293003 479416 576904 -391598 1349918 966030 222351 230061 1127567 735969 X Strengthen & preserve the social & economic fabric of OKCs underserved communities by engaging in programs and partnerships focused on housing stability, economic mobility, quality of place, and education. false false 88149 585 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 100 contacts with small and minority-owned businesses and 30 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 2023 and beyond. 51436 KIVA Microloans - Progress OKC became the Oklahoma City KIVA hub in 2021. KIVA is an international organization that provides a lending platform and worldwide network of lenders, mentors, and borrowers to facilitate affordable, risk-tolerant microloans. These loans serve as the first rung on the capital ladder to provide funding to excluded small businesses who do not qualify for traditional loans. Since the Inception of the program, 21 loans totaling $73,425 have been made. 48528 1180 Housing - Progress OKC builds homes available to low-to-moderate (LTM) income buyers. Projects are currently funded by HUD HOME Funds. Since the inception of this program, nine homes have been completed and sold. Seven of those homes were sold to LTM income buyers and two were market rate homes. Progress OKC secured funding to build an additional four homes in 2022. All four homes will be sold to LTM income buyers. 76889 37030 Community Service Facility 16026 Minority Enterprise Development Week 175000 Law Enforcement Task Force - Progress OKC was pass-thru entity only. The City of Oklahoma City executed this program. 267915 37030 456028 true true false false false false false false false false true false false true false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 13 0 true 0 false false false false false false false false false false false false false false X 6 6 false true false false false false false true true false false true true true true false false false false false OK X X THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKC 4056046780 105 N HUDSON AVE Ste 101 OKLAHOMA CITY OK 73102 X ASHLEY DICKSON-OSO CHAIRMAN 1.000 X 0 0 0 RAY DOUGLAS ASST SECRETARY 1.000 X 0 0 0 KELLY GRAY ASST SECRETARY 1.000 X 0 0 0 JOSEPH H ALLEN TREASURERSECRETARY 1.000 X 0 0 0 TERESA GOGGINS VICE CHAIRMAN 1.000 X 0 0 0 LOUIS ALMARAZ ASST SECRETARY 1.000 X 0 0 0 KEITH KUHLMAN INTERIM EXEC DIRECTOR 20.00 X 0 0 0 KENTON TSOODLE PRESIDENT 5.000 X 0 0 0 KIMBERLY FRANCISCO EXECUTIVE DIRECTOR 40.00 X 0 0 0 false false true Alliance for Econ Develop Management Agmt 102449 1 48903 2378 48903 LTM HOUSING 236000 1180 1180 COMM SVC FACILITY 531120 34630 34630 SERVICE FOR FEES 611430 2400 2400 ACCELERATOR FEES 611430 585 585 38795 120 120 0 87818 38915 104397 104397 4290 4290 16765 16765 3093 2093 1000 643 643 34630 34630 824 824 285 285 42258 42258 3871 3871 Program/Tech Assistance 243553 243553 M.E.D. Week Expenses 16026 16026 Program Costs - Other 8781 8781 479416 456028 23388 0 633978 567555 15007 15128 112500 112500 3927 55668 51978 43333 21667 422576 225374 239460 197202 246045 1349918 966030 45365 53075 176986 176986 222351 230061 X 246108 158709 881459 577260 1127567 735969 1349918 966030 -391598 X false false false X 284078 6740 395664 586033 48903 1321418 532937 297281 838680 283867 38795 1991560 817015 304021 1234344 869900 87698 3312978 480294 286201 813638 260064 29630 1869827 480294 286201 813638 260064 29630 1869827 1443151 7 120 127 7 120 127 817015 304021 1234344 869907 87818 3313105 0.43559 0.44905 0.00004 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false 422576 225374 197202 197202 Due From OCURA LTM Housing net proceeds true false false false false false false false false false ASHLEY DICKSON-OSO CHAIRMAN RAY DOUGLAS ASST SECRETARY KELLY GRAY ASST SECRETARY JOSEPH H ALLEN TREASURERSECRETARY TERESA GOGGINS VICE CHAIRMAN LOUIS ALMARAZ ASST SECRETARY KEITH KUHLMAN INTERIM EXEC DIRECTOR KENTON TSOODLE PRESIDENT KIMBERLY FRANCISCO EXECUTIVE DIRECTOR Part II Progress OKC has no direct employees and does not pay any Part II compensation at this time. Mr. Kuhlman, Mr. Tsoodle, and Part II Ms. Francisco are direct employees of, and are paid by, Part II the Alliance for Economic Development of Oklahoma City, Inc. Part II Progress OKC contracts with the Alliance for management services. Part II The Alliance is an unrelated organization. Part VI Line 3 The Alliance for Economic Development of Oklahoma City, Inc. $102,449 Part VI Line 11b Form 990 is reviewed by the Alliance President and all board members prior Part VI Line 11b to filing. Part VI Line 12c Progress OKC's Executive Director collects and reviews Annual Affirmation Part VI Line 12c & Disclosure statements signed by every board member each year. Part VI Line 18 Progress OKC's 990 is available at www.guidestar.org. Part VI Line 19 All governing documents are available to the public upon request. Part III Line 4d Expenses: $76889.00 including grants of: $0.00 Revenue: $37030.00 Part III Line 4d Community Service Facility Part III Line 4d Expenses: $16026.00 including grants of: $0.00 Revenue: $0.00 Part III Line 4d Minority Enterprise Development Week Part III Line 4d Expenses: $175000.00 including grants of: $0.00 Revenue: $0.00 Part III Line 4d Law Enforcement Task Force - Progress OKC was pass-thru entity only. The Part III Line 4d City of Oklahoma City executed this program.