Midwestern Oklahoma Development Authority FY2024 filing

Not tax-deductible

Burns Flat, OK501(c)(4)EIN 73-0791758

This page gets seen. Tell your story. Claim this org.

Economic Development & housing

97¢ of each $1 spent went to programs.
$81K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $334K a year · 39% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$81K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
179 mo
of spending, in cash
Looks good: 178.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$268K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 7 voting members
Concern: none of 7 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$833K
+15% vs prior year
Spent
$488K
To programs
97%
Net assets
$10.1M
By yearFY2020–FY2025
Revenue
$833K
FY2024▲ +15%
Revenue by fiscal year
FY2020$837K
FY2021$885K
FY2022$846K
FY2023$722K
FY2024$833K
FY2025$1.0M
Expenses
$488K
FY2024▼ -8%
Expenses by fiscal year
FY2020$574K
FY2021$558K
FY2022$460K
FY2023$529K
FY2024$488K
FY2025$512K
Net assets
$10.1M
FY2024▲ +17%
Net assets by fiscal year
FY2020$7.9M
FY2021$8.9M
FY2022$8.0M
FY2023$8.6M
FY2024$10.1M
FY2025$11.0M

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $473K Management & general 3% · $15K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

8 people listed on the 990; $81K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Dir.
$80,640Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
Kathy Carlisle$101,800$80,640$77,910

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Midwestern Oklahoma Development Authority executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Midwestern Oklahoma Development Authority is a membership association based in Burns Flat, OK.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $473K · in their own filed words · FY2023
01

Operation of clinton-sherman industrial airpark housing and promotion of economic development in western oklahoma.

$473Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 18 grants · $360K · 2019–2024
City of Elk CityFY2024$25,000
City of CordellFY2024$25,000
City of WeatherfordFY2023$27,000
Town of Burns FlatFY2023$25,000
City of SayreFY2023$25,000
City of HobartFY2022$25,000
City of CordellFY2022$25,000
City of ClintonFY2022$25,000
City of Elk CityFY2022$19,968
City of WeatherfordFY2021$25,000
City of SayreFY2021$25,000
Town of SentinelFY2021$20,000
Town of Burns FlatFY2019$22,500
Town of GoteboFY2019$10,000
City of WeatherfordFY2019$10,000
City of SayreFY2019$10,000
City of HobartFY2019$8,000
City of Elk CityFY2019$7,500

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$833K
Ln 12
Other incomeLn 4–11$564K
Investment incomeLn 3$268K
Money outPt IX
$488K
Ln 25
Programscol B$473K
Managementcol C$15K
Owns and owesPt X
$10.1M
net assets · Ln 32
Cash and savingsLn 1–2$7.3M
Total assetsLn 16$10.3M
LiabilitiesLn 26$268K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$268K
Other incomeLn 4–11$564K
Gains on assetsLn 7−$811
Total revenueLn 12$833K
Assets in detailPt X, end of year
CashLn 1$316K
SavingsLn 2$7.0M
Cash and savings togetherLn 1–2$7.3M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.0M
Other assetsLn 15$49K
Total assetsLn 16$10.3M
LiabilitiesLn 26$268K
Net assetsLn 32$10.1M
OperationsPt I, VI
EmployeesI 58
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$5.8M$7.3M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.9M$3.0M
Total assetsLn 16$8.9M$10.3M
LiabilitiesLn 26$276K$268K
Net assetsLn 32$8.6M$10.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$82K$82K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$80K$80K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$115K$115K
Pension plan contributionsLn 8$25K$25K
Other employee benefitsLn 9$47K$47K
Payroll taxesLn 10$17K$17K
Management feesLn 11a$0
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$22K$22K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$7K$7K
Information technologyLn 14$2K$2K
RoyaltiesLn 15$0
OccupancyLn 16$17K$17K
TravelLn 17$4K$4K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$1K$1K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$12K$12K
InsuranceLn 23$34K$34K
Other expenses (24a–d)Ln 24$12K$5K$7K
All other expensesLn 24e$0
Total functional expensesLn 25$488K$473K$15K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.0M$512K$493K$11.0M 990 PDF
FY2024 Viewing $833K$488K$344K$10.1M 990 PDF
FY2023 $722K$529K$193K$8.6M 990 PDF
FY2022 $846K$460K$386K$8.0M 990 PDF
FY2021 $885K$558K$327K$8.9M 990 PDF
FY2020 $837K$574K$262K$7.9M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (5 parts)
Part I · Summary $832,617 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $202,858$268,409
I-11 Other revenuePrior year $519,139$564,208
I-12 Total revenuePrior year $721,997$832,617
I-13 Grants and similar amounts paidPrior year $99,968$82,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $298,519$283,424
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $130,915$122,838
I-18 Total expensesPrior year $529,402$488,262
I-19 Revenue less expensesPrior year $192,595$344,355
Part VIII · Statement of revenue $832,617 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeRelated to mission $269,220$269,220
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $456,204$456,204
VIII-7 Net gain or loss on sales of assetsRelated to mission −$811−$811
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $108,004$108,004
VIII-12 Total revenueRelated to mission $832,617$832,617
Part IX · Statement of functional expenses $488,262 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $82,000$82,000
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $80,115$80,115
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $114,645$114,645
IX-8 Pension plan contributionsPrograms $25,199$25,199
IX-9 Other employee benefitsPrograms $46,943$46,943
IX-10 Payroll taxesPrograms $16,522$16,522
IX-11a Management fees$0
IX-11b Legal feesManagement $6,688$6,688
IX-11c Accounting feesPrograms $21,740$21,740
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $4,834$4,834
IX-13 Office expensesPrograms $7,105$7,105
IX-14 Information technologyPrograms $1,928$1,928
IX-15 Royalties$0
IX-16 OccupancyPrograms $17,383$17,383
IX-17 TravelPrograms $4,200$4,200
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $1,302$1,302
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $11,805$11,805
IX-23 InsurancePrograms $33,952$33,952
IX-24 Other expenses (24a–d)Programs $4,961 · Management $6,940$11,901
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $473,332 · Management $14,930 · Fundraising $0$488,262
Part X · Balance sheet $10,322,390 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $432,568$315,758
X-2 Savings and temporary cash investmentsStart of year $5,406,200$6,959,768
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $2,800$4,207
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $23,566$25,651
X-10c Land, buildings and equipment, netStart of year $2,926,575$2,967,734
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $72,400$49,272
X-16 Total assetsStart of year $8,864,109$10,322,390
X-17 Accounts payable and accrued expensesStart of year $101,216$97,844
X-18 Grants payableStart of year $102,968$130,000
X-25 Other liabilitiesStart of year $72,100$40,123
X-26 Total liabilitiesStart of year $276,284$267,967
X-32 Total net assets or fund balancesStart of year $8,587,825$10,054,423
X-33 Total liabilities and net assetsStart of year $8,864,109$10,322,390
Part XI · Reconciliation of net assets $10,054,423 net assets at year end
XI-1 Total revenue$832,617
XI-2 Total expenses$488,262
XI-3 Revenue less expenses$344,355
XI-4 Net assets at start of year$8,587,825
XI-5 Net unrealized gains (losses) on investments$1,122,243
XI-10 Net assets at end of year$10,054,423

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.