Passes our checks

Okmulgee Area Development Corporation

EIN 73-1495059 · Okmulgee, OK

Public records show a registered, tax-exempt organization in good standing.

What it says it does

ECONOMIC DEVELOPMENT IN OKMULGEE COUNTY

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 85 out of 100. Higher than 67% of charities in its peer group (community improvement, under $250k).

Reserves
35 of 35
Spendable reserves would cover more than ten years of spending.
Debt
20 of 20
It owes 0% of what it owns.
Living within its means
15 of 15
Income exceeded spending by 46% of income.
Income trend
0 of 15
Income fell 41% on the year before.
Spending floor
15 of 15
82% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Strong: 100 out of 100. Higher than 89% of charities in its peer group (community improvement, under $250k).

Independent board
25 of 25
13 of 13 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
8 of 8
Has a written whistleblower policy.
Record keeping policy
7 of 7
Has a written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Pay set independently
5 of 5
Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)

$91,692 spent. The Okmulgee Area Development Corporation (OADC) is a privately funded non-profit organization to promote economic development for the Okmulgee County area. Established in 1996 as a 501(c)3, our office serves as a "one-stop shop" for economic development by coordinating with the city, county, state and other governmental entities at the state & federal levels. This ensures a smooth and straight forward development process. The OADC also partners with other organizations in support of community development programs and projects and promotion of the area such as state and local government, educators, training providers, financial institutions and business. As the lead economic development entity in Okmulgee County, we facilitate the development of available properties--industrial, commercial and retail. One of our core competencies is assisting and building relationships with other development organizations in and around Okmulgee and in the state of Oklahoma. The OADC's mission is to retain existing jobs, encourage growth and expansion of current industrial companies, recruit new industrial businesses to invest in the community, support local education and higher education for workforce development.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1996.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

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