Overview

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Closed

This organization closed in 2023. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

1990

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The ALTUS-SOUTHWEST AREA ECONOMIC DEVELOPMENT CORPORATION, based in Altus, Oklahoma, is dedicated to community improvement by providing businesses, individuals, and organizations with essential information and assistance for starting a business in the area. With an operating budget of $720.3K and total revenue of $560.6K for the 2023 fiscal year, the organization plays a vital role in fostering economic development in its community. It does not rely on a single funder for 50% or more of its revenue.

Mission Statement

To provide businesses, individuals, and organizations with information and assistance in starting a business in the Altus, Oklahoma area.
Revenues
$560.6K
Expenses
$720.3K
Net Income:
-$159.7K
Assets
$0
Liabilities
-$525.8K
Net Assets:
+$525.8K
Operating Budget
$720.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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S
Steve Alison
Board Member
R
Rodger Kerr
Board Member
C
Charles Dobbs
Board Member

Frequently Asked Questions

What is ALTUS-SOUTHWEST AREA ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2023, ALTUS-SOUTHWEST AREA ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $720 thousand. More detailed financial information is available to registered users.
What causes does ALTUS-SOUTHWEST AREA ECONOMIC DEVELOPMENT CORPORATION support?
ALTUS-SOUTHWEST AREA ECONOMIC DEVELOPMENT CORPORATION supports work in Community improvement.
Where does ALTUS-SOUTHWEST AREA ECONOMIC DEVELOPMENT CORPORATION operate?
ALTUS-SOUTHWEST AREA ECONOMIC DEVELOPMENT CORPORATION is headquartered in Altus, OK.
What is ALTUS-SOUTHWEST AREA ECONOMIC DEVELOPMENT CORPORATION’s reliance on government grants?
ALTUS-SOUTHWEST AREA ECONOMIC DEVELOPMENT CORPORATION relied on government grants for more than 95% of their total revenue in 2023.