Central Oklahoma Clearing House Association Inc

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

EIN: 736104144 ✦ Kansas city, MO ✦ Designated as a 501(c)(6)

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Overview

What is Central Oklahoma Clearing House Association Inc?

Central Oklahoma Clearing House Association Inc, located in Kansas City, Missouri, is a nonprofit organization committed to promoting sound banking principles in the Oklahoma City metropolitan area. Their main objectives include establishing rules and regulations to facilitate business transactions among its members, settling resulting balances, and collaborating with local nonprofit organizations to benefit the city and the state of Oklahoma. Additionally, the association provides an annual salary survey to its members and organizes meetings for educational, operating procedure, and personnel training purposes.


Official website here: www.epcor.org/cocha

Is Central Oklahoma Clearing House Association Inc legitimate?

Central Oklahoma Clearing House Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Central Oklahoma Clearing House Association 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


Official website here: www.epcor.org/cocha

What is the mission statement of Central Oklahoma Clearing House Association Inc?

The Central Oklahoma Clearing House Association Inc's mission is centered around promoting sound banking principles within the metropolitan area. They establish rules and regulations to facilitate business transactions among their members, settling any resulting balances. The organization also cooperates with nonprofit organizations in the area, aiming to benefit the city and the state of Oklahoma. Furthermore, they provide an annual salary survey for their members and arrange educational meetings, focusing on operating procedures and personnel training for employee development.


Official website here: www.epcor.org/cocha

Who is the CEO of Central Oklahoma Clearing House Association Inc?

Michael Debroeck is the President of Central Oklahoma Clearing House Association Inc.


Official website here: www.epcor.org/cocha

What is the revenue of Central Oklahoma Clearing House Association Inc?

Central Oklahoma Clearing House Association Inc's revenue in 2021 was $51,470.


Official website here: www.epcor.org/cocha

Who are the executives of Central Oklahoma Clearing House Association Inc and what are their salaries?

There 4 volunteers at Central Oklahoma Clearing House Association Inc.


Here are 4 key members and their salaries:


Michael Debroeck (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Barrington (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Worsham (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tristan Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.epcor.org/cocha

Where can I find the form 990 for Central Oklahoma Clearing House Association Inc?

Central Oklahoma Clearing House Association Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.epcor.org/cocha

Learn more at the official website: www.epcor.org/cocha

Mission Statement of Central Oklahoma Clearing House Association Inc

Central Oklahoma Clearing House Association, a notable organization in its field, is dedicated to promoting sound banking principles within the Oklahoma City metropolitan area. Its primary mission involves establishing rules and regulations to facilitate the interchange of business among its members and ensuring the settlement of resulting balances. Furthermore, the association cooperates with various nonprofit organizations in the Oklahoma City area, aiming to contribute positively to the city and the state of Oklahoma.

In addition to its regulatory role, Central Oklahoma Clearing House Association provides valuable services to its members. It conducts an annual salary survey, offering valuable insights to its members, and arranges for and organizes meetings for education, operating procedures, and personnel training for member employees. These initiatives serve to enhance the capabilities and effectiveness of member organizations, ultimately benefiting the broader community.

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Impact




October, 2024

Central Oklahoma Clearing House Association Inc enhances the financial landscape of the Oklahoma City metropolitan area by promoting sound banking principles. By establishing rules and regulations for the interchange of business among its members, it plays a crucial role in facilitating seamless transactions and the settlement of balances resulting from these exchanges.

The organization’s efforts support collaboration among member institutions, fostering a cooperative environment that benefits not only individual banks but also the broader community. Additionally, Central Oklahoma Clearing House Association Inc provides valuable resources such as an annual salary survey, which aids members in understanding compensation trends and aligning their practices with industry standards.

Through organizing educational meetings and training sessions, the Association ensures that member employees are well-equipped with the necessary knowledge and skills, ultimately enhancing operational procedures across participating organizations. This commitment to education and professional development further reinforces the integrity and effectiveness of the banking sector within the region, contributing positively to the overall economic stability and growth of Oklahoma City and the state of Oklahoma.




This information is meant to be a general summary of Central Oklahoma Clearing House Association 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
$51,470 (2021)
Expenses
$46,648 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $51,470
  • Gross Receipts: $51,470

Assets and Liabilities:

  • Total Assets: $6,756
  • Total Liabilities: $0
  • Net Assets: $6,756

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Programs

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

ALERT SERVICE

Revenue

$40,125

IMAGE EXCHANGE

Revenue

$11,345

Organization Details

Founding Year

1986

Principal Officer

Michael Debroeck

Main Address

3100 BROADWAY BLVD 555, KANSAS CITY, MO, 64111

NTEE Category

Code: S40 - Community improvement

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