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Okm Properties Inc

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

EIN: 731554930 ✦ Bartlesville, OK ✦ Designated as a 501(c)(5)

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Overview

What is Okm Properties Inc?

Okm Properties Inc, based in Bartlesville, Oklahoma, serves as a crucial financial backbone for the city's cultural and educational activities. The company's primary mission is to support the annual Ok Mozart Festival and provide year-round music programming. This nonprofit organization derives its net rental income distributions to accomplish its mission, thereby contributing significantly to the enrichment of the Bartlesville community.

Is Okm Properties Inc legitimate?

Okm Properties Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Okm Properties Inc 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Okm Properties Inc?

Okm Properties Inc's mission is centered around supporting the educational and cultural activities of a community, specifically through the annual Ok Mozart Festival and year-round music programming. By distributing net rental income, they contribute to these events and initiatives, aiming to enrich and engage the community. The organization's primary focus is on fostering an environment that nurtures learning and appreciation for the arts.

Who is the CEO of Okm Properties Inc?

Mary Lynn Mihm-Howk is the Member of Okm Properties Inc.

What is the revenue of Okm Properties Inc?

Okm Properties Inc's revenue in 2022 was $53,780.

Who are the executives of Okm Properties Inc and what are their salaries?

There 6 volunteers at Okm Properties Inc.


Here are 6 key members and their salaries:


Scott Ambler (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerold Barnett (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Lynn Mihm-Howk (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Thill (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek White (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mihm (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Okm Properties Inc?

Okm Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Okm Properties Inc

Okm Properties Inc, a nonprofit organization, is dedicated to supporting the educational and cultural activities of its community through two primary avenues. The first is the annual Ok Mozart Festival, a celebrated event that brings music and arts to the community. The second is year-round music programming, which continues to engage and enrich the community throughout the year. The organization's net rental income distributions contribute substantially to funding these activities, ensuring their continuation and growth. In essence, Okm Properties Inc plays a vital role in fostering a vibrant cultural landscape within its community, enriching the lives of its residents through music and arts.

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Impact




October, 2024

Okm Properties Inc plays a vital role in enriching the Bartlesville community by supporting educational and cultural activities. By generating net rental income, the organization helps fund the annual OK Mozart Festival, a significant event that showcases musical talent and fosters a love for the arts. Additionally, its year-round music programming provides ongoing opportunities for community members to engage with music, enhancing the cultural landscape of Bartlesville. This focus on arts and education not only promotes community improvement but also strengthens local pride and engagement through cultural enrichment.




This information is meant to be a general summary of Okm Properties Inc. 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.

Revenue
$53,780 (2022)
Expenses
$87,282 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $53,780

Assets and Liabilities:

  • Total Assets: $401,517
  • Total Liabilities: $160,707
  • Net Assets: $240,810

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Organization Details

Founding Year

2005

Principal Officer

Mary Lynn Mihm-Howk

Main Address

415 S DEWEY AVE 100, BARTLESVILLE, OK, 74003

NTEE Category

Code: S47 - Community improvement

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