2026-07-08T15:57:59-05:00 2025-09-30 480573184 REGIER CARR & MONROE LLP 4200 E SKELLY DRIVE SUITE 560 TULSA OK 74135 990 2024-10-01 731084819 TULSA ECONOMIC DEVELOPMENT CORPORATION TULS 9185858332 125 WEST 3RD STREET TULSA OK 74103 ROSE WASHINGTON EXECUTIVE DIRECTOR 9185858332 2026-07-08 1 1 CHARLES M HUMPHREY CPA P01256929 9182715400 2026-07-08 2024 2025-03-06 01:10:19Z ROSE WASHINGTON 125 WEST 3RD STREET TULSA OK 74103 14744377 0 X WWW.TEDCNET.COM X 1979 OK TEDC WAS FOUNDED IN 1979 AS TULSA ECONOMIC DEVELOPMENT CORPORATION, AN ORGANIZATION CHARGED WITH PROMOTING AND SUSTAINING SMALL BUSINESS GROWTH IN TULSA. 13 13 23 13 0 0 12663429 12218198 553715 860456 958631 1224762 106334 167759 14282109 14471175 169780 192988 0 0 1182054 1292052 0 0 0 1756027 1538990 3107861 3024030 11174248 11447145 41534822 54942497 12050043 13999578 29484779 40942919 TBDC WAS FOUNDED IN 1979 AS TULSA ECONOMIC DEVELOPMENT CORPORATION, AN ORGANIZATION CHARGED WITH PROMOTING AND SUSTAINING SMALL BUSINESS GROWTH IN TULSA. 0 0 763833 TEDC RECEIVES FUNDING FROM THE U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT'S CDBG PROGRAM AS A CITY OF TULSA SUB-RECIPIENT, WHICH INCLUDES REIMBURSEMENTS FOR PROJECT DELIVERY COSTS. 209062 SBA MICROLOANS - TEDC HAS BORROWED FUNDS FROM THE SMALL BUSINESS ADMINISTRATION (SBA) AT BELOW MARKET INTEREST RATES. TEDC LOANS THE FUNDS TO QUALIFYING BUSINESSES AT MARKET RATES OF INTEREST AND IS LIABLE FOR THE LOANS FROM THE SBA REGARDLESS OF WHETHER THE LOAN PARTICIPANT REPAYS THE LOAN. THE SBA REQUIRES CERTAIN RESTRICTED CASH BALANCES TO BE MAINTAINED. THE AVERAGE LOAN SIZE UNDER THIS PROGRAM IS APPROXIMATELY $10,000 WITH A MAXIMUM LOAN OF $50,000. 279750 192988 SAVING OUR HOMES INITIATIVE (SOHI) - SOHI IS A SHORT-TERM PROGRAM DEVELOPED IN COLLABORATION WITH THE CITY OF TULSA TO ASSIST IN CLEARING HOME TITLES OR PAYING PROPERTY TAX (UP TO $4,000) FOR ELIGIBLE LOW INCOME HOUSEHOLDS ACROSS THE CITY OF TULSA. TEDC CONNECTS HOUSEHOLDS WITH TFEC WHO OFFERS FREE FINANCIAL CONSELING SESSIONS TO IMPROVE FINANCIAL OUTCOMES. 1220249 1220249 2472894 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 16 0 1 23 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X JANET PIEREN 9185858332 125 WEST THIRD STREET TULSA OK 74103 SHELLA BOWLIN DIRECTOR 0.50 X 0 0 0 GILBERT GERST DIRECTOR 0.50 X 0 0 0 CASSIA CARR DIRECTOR 0.50 X 0 0 0 MARILYN MORRIS DIRECTOR 0.50 X 0 0 0 KENNETH QUIGLEY DIRECTOR 0.50 X 0 0 0 GIL EACRET DIRECTOR 0.50 X 0 0 0 JAVIER GAMARRA DIRECTOR 0.50 X 0 0 0 JOYCE MCCLELLAN DIRECTOR 0.50 X 0 0 0 DAVID EASTON DIRECTOR 0.50 X 0 0 0 MATT KING PRESIDENT 0.50 X X 0 0 0 JAMES SANCHEZ VICE PRESIDENT 0.50 X X 0 0 0 SHANANN PASSLEY SECRETARY 0.50 X X 0 0 0 CINDY BAKER TREASURER 0.50 X X 0 0 0 ROSE WASHINGTON EXECUTIVE DIRECTOR 50.00 X 215000 0 17036 215000 0 17036 1 0 1 0 0 3028592 9189606 12218198 FEE INCOME 541900 860456 860456 860456 1318851 1311498 7353 280791 173532 107259 107259 107259 5581 6920 92750 -1339 -92750 -94089 -94089 LAND EASEMENTS 531190 60500 60500 60500 14471175 2171954 0 81023 192988 192988 239167 181156 58011 861175 754828 106347 21047 21047 92583 71008 21575 78080 58786 19294 300 300 79633 79633 237699 126875 110824 35411 27495 7916 27687 21403 6284 49562 40640 8922 76385 53469 22916 59473 41631 17842 780 780 131187 21831 109356 335583 290509 45074 22543 18461 4082 BAD DEBT EXPENSE 446001 446001 MISCELLANEOUS 26230 14317 11913 EQUIPMENT RENTAL 7948 7948 POSTAGE AND PRINTING 2596 2596 -28 -28 3024030 2472894 551136 0 8724218 10023227 181563 204892 1933940 3084175 22036332 28325476 5937 1075 16060426 3091458 8324093 12968968 325513 333984 3226 700 41534822 54942497 659654 2161368 795443 115580 10592669 11722630 2277 0 12050043 13999578 X 17619491 9022918 11865288 31920001 29484779 40942919 41534822 54942497 11447145 10995 0 X X 0 1 X 1 1 1 X 32260386 5007622 4039349 13217144 13078654 67603155 32260386 5007622 4039349 13217144 13078654 67603155 562428 67040727 78472 172889 928228 1233462 1599642 4012693 60500 60500 71676348 0.93530 0.96850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 69093 69093 15991333 3091458 12899875 12968968 X 14533720 10995 51550 62545 14471175 0 14471175 3025388 1358 1358 3024030 0 3024030 PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: OA LL LLC REVENUE 51,550. PART XII, LINE 2D - OTHER ADJUSTMENTS: OA LL LLC EXPENSES 1,358. 0 SAVING OUR HOMES INITIATIVE (SOHI) 78 192988 X X X 0 0 0 0 0 0 0 0 0 ROSE WASHINGTON EXECUTIVE DIRECTOR 195000 0 20000 0 0 0 0 0 17036 0 232036 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - PREPARATION OF THE ORGANIZATION'S FORM 990 IS ENTRUSTED TO A PROFESSIONAL CPA FIRM. THE FORM IS THEN REVIEWED BY THE ORGANIZATION'S ACCOUNTING MANAGER AND, AT TIMES, ANOTHER CPA FOR QUALITY CONTROL. THEN THE EXECUTIVE DIRECTOR APPROVES THE FORM IF IT IS NOT SUBSTANTIALLY DIFFERENT FROM THE ANNUAL AUDIT APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C EXECUTIVE DIRECTOR REQUIRES BOARD MEMBERS AND STAFF TO ANNUALLY REVIEW, ACKNOWLEDGE, AND EXECUTE CONFLICT OF INTEREST POLICY AND ENSURES THAT THERE IS NO ACTUAL OR APPEARANCE OF A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS' PERSONNEL COMMITTEE PERFORMS AN ANNUAL PROCESS FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES. THIS ANNUAL PROCESS INCLUDES AN EVALUATION OF EMPLOYEES' PERFORMANCE AND THE USE OF COMPARABILITY DATA TO MAKE COMPENSATION RECOMMENDATIONS TO THE BOARD. THE PERSONNEL COMMITTEE DOCUMENTS HOW IT ARRIVED AT ITS RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 TEDC'S FISCAL AND TAX YEAR-END IS SEPTEMBER 30. A THIRD PARTY PREPARER WITH ASSISTANCE FROM THE DIRECTOR OF ADMINISTRATIVE OPERATIONS & COMPLIANCE SHALL COMPLETE AND FILE ACCURATE RETURNS. (FILINGS SHALL INCLUDE BUT ARE NOT LIMITED TO, THE FORM 990, W-2'S AND 1099'S.) A DRAFT OF TEDC'S ANNUAL FORM 990 INFORMATION RETURN SHALL BE REVIEWED BY THE (EXTERNAL) ACCOUNTANT AND APPROVED BY THE EXECUTIVE DIRECTOR IF NOT SUBSTANTIALLY DIFFERENT FROM THE ANNUAL AUDIT APPROVED BY THE BOARD OF DIRECTORS. PART XII, LINE 2C NO CHANGE IN PROCESS OA LL LLC 125 WEST THIRD ST TULSA OK 74103 871387139 LEVERAGE LENDER OK TULSA ECONOMIC DEVELOPMENT CORPORATION 0.95000 1 OASIS GROCERY REALTY LLC 125 WEST THIRD ST TULSA OK 74103 871354847 REAL ESTATE DEVELOPER OK TULSA ECONOMIC DEVELOPMENT CORPORATION 1.00000 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0