Overview
What is Central Oklahoma Economic Development District?
Central Oklahoma Economic Development District, often referred to as COEDD, is a nonprofit organization situated in Shawnee, Oklahoma. With a team of 20 employees, COEDD focuses on promoting economic growth in seven counties, namely Hughes, Lincoln, Okfuskee, Pawnee, Payne, Pottawatomie, and Seminole. Their mission includes providing sub-grants to nonprofit entities for senior nutrition programs and legal aid, with a primary objective of enhancing the overall well-being and development within these communities.
Official website here: www.coedd.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Central Oklahoma Economic Development District has received a Three-Star rating from Charity Navigator, which reflects its strong performance in accountability and finance. The score indicates a solid commitment to transparency and responsible management of resources, with a particular emphasis on maintaining an independent board and having high program expense ratios.
Key strengths of the organization include its full compliance with policies related to conflict of interest and whistleblower protections, as well as a noted absence of material diversion of assets. The majority of board members are independent, which enhances governance and decision-making processes, indicating a commitment to ethical standards.
While the organization exhibits notable strengths in financial accountability and program efficiency, no specific limitations were highlighted in the data. Overall, the Central Oklahoma Economic Development District demonstrates a commendable approach to fiscal responsibility, contributing positively to its mission in economic development.
This AI summary has been generated from information found on Charity Navigator.
Is Central Oklahoma Economic Development District legitimate?
Central Oklahoma Economic Development District is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Oklahoma Economic Development District 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $831,579
For more financial information, click here
Official website here: www.coedd.net
What is the mission statement of Central Oklahoma Economic Development District?
The Central Oklahoma Economic Development District is committed to fostering economic growth in seven counties: Hughes, Lincoln, Okfuskee, Pawnee, Payne, Pottawatomie, and Seminole. Their mission is to promote economic development across these regions, aiming to enhance the local economy and improve the living standards of its residents. The organization's activities are primarily focused on attracting and retaining businesses, creating job opportunities, and fostering a conducive business environment. Their efforts are geared towards enhancing the overall economic well-being of the communities within their jurisdiction. The organization supports this mission by providing resources and opportunities to local businesses and communities, thereby contributing to the region's economic prosperity.
Official website here: www.coedd.net
Who is the CEO of Central Oklahoma Economic Development District?
Angela Williams is the Secretary of Central Oklahoma Economic Development District.
Official website here: www.coedd.net
What is the revenue of Central Oklahoma Economic Development District?
Central Oklahoma Economic Development District's revenue in 2023 was $5,465,763.
Official website here: www.coedd.net
Who are the executives of Central Oklahoma Economic Development District and what are their salaries?
The average compensation at Central Oklahoma Economic Development District during 2023 was $41,579. There are 20 employees at Central Oklahoma Economic Development District.
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Official website here: www.coedd.net
Where can I find the form 990 for Central Oklahoma Economic Development District?
Central Oklahoma Economic Development District's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.coedd.net
Learn more at the official website: www.coedd.net
Mission Statement of Central Oklahoma Economic Development District
Central Oklahoma Economic Development District, abbreviated as COEDD, is dedicated to promoting economic growth in seven counties: Hughes, Lincoln, Okfuskee, Pawnee, Payne, Pottawatomie, and Seminole. This nonprofit organization's mission is to foster sustainable development and economic prosperity within these regions, aiming to improve the overall livelihood of the communities and their inhabitants.
To achieve this goal, COEDD provides sub-grants to eligible nonprofit organizations in the field of senior nutrition programs and legal aid. By offering financial assistance to these entities, COEDD seeks to empower local organizations to implement initiatives that cater to the specific needs of the elderly population and ensure they have access to legal support when required. This dual focus on senior welfare and legal aid is a testament to COEDD's commitment to addressing the diverse needs of the communities it serves, with the ultimate aim of improving the quality of life for its residents.
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Impact
July, 2024
Central Oklahoma Economic Development District's impact is significant in economic development across seven counties in Oklahoma, including Hughes, Lincoln, Okfuskee, Pawnee, Payne, Pottawatomie, and Seminole. Through its efforts, the organization plays a crucial role in fostering economic growth, job creation, and community improvement in the region. Additionally, by supporting programs like senior nutrition and legal aid services, the Central Oklahoma Economic Development District contributes to the well-being and quality of life of residents in these counties. Overall, its mission to drive economic progress and enhance the vitality of the communities it serves makes a tangible and positive impact on the region.
This information is meant to be a general summary of Central Oklahoma Economic Development District. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $9,132
- Program Service Revenue: $238,117
- Gross Receipts: $5,465,763
Assets and Liabilities:
- Total Assets: $6,459,758
- Total Liabilities: $2,967,139
- Net Assets: $3,492,619
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest from revolving loan funds
Revenue
$59,580
Grant administration fees
Revenue
$178,537
Organization Details
Founding Year
1966
Phone
(405) 273-6410Principal Officer
Angela Williams
Main Address
400 N Bell, Shawnee, OK, 74801
Website
www.coedd.netNTEE Category
Code: S32Z - Community improvement
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