Skiatook Foundation
- Assets
- $1.8k
- Revenue
- $1.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Skiatook, OK
- Founding
- 11/2002
- Data as of
- 12/2015
- EIN
- 73-1604693
Organization Overview
Skiatook Foundation, operating under the name Skiatook Chamber Foundation, is located in Skiatook, OK. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skiatook Chamber Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE ECONOMIC DEVELOPMENT AND GOOD WILL AMONG THEIR MEMBERS AND THE SURROUNDING COMMUNITIES. THE PURPOSE OF THE CHAMBER FOUNDATION IS TO PLAN, DEVELOP, AND EMPLEMENT ACTIVITIES THAT WILL PROMOTE CONTINUED ECONOMIC STABILITY FOR OUR CITIZENS WHILE MAINTAINING THEQUALITY OF
Describe the Organization's Program Activity:
Part 3 - Line 4a
4C. SKIATOOK CHAMBER FOUNDATION SUPPORTS THE CITY OF SKIATOOK AND THE SKIATOOK CHAMBER OF COMMERCE IN OTHER EVENTS EACH YEAR. THE CHRISTMAS PARADE AND THE SKIATOOK CHAMBER OF COMMERCE BANQUET. THE PARADE ATTRACTS PEOPLE FROM SURROUNDING COMMUNITIES AND PROMOTES SKIATOOK. THERE IS NO CHARGE FOR ATTENDANCE. THE BANQUET IS HELD EACH YEAR. PROCEEDS FROM THE EVENT ARE USED TO PRODUCE EDUCATIONAL MATERIALS ABOUT THE COMMUNITY AND PROMOTE ECONOMIC DEVELOPMENT.
4B. SKIATOOK CHAMBER FOUNDATION SPONSORS PIONEER DAYS IN SKIATOOK EACH YEAR. THIS FESTIVAL ATTRACTS APPROXIMATLEY 10,000 PEOPLE FROM SURROUNDING COMMUNITIES AND IS A VEHICLE FOR EDUCATION THOSE IN SURROUNDING COMMUNITIES ABOUT SKIATOOK. THERE IS NO CHARGE FOR ATTENDANCE. THE FESTIVAL IS HELD IN CONJUNCTION WITH A FLY-IN AT THE SKIATOOK AIRPORT FEATURING VINTAGE AIRPLANES AND NOTED RETIRED PILOTS. FOOD AND CRAFT VENDORS ALONG WITH LOCAL MERCHANTS ARE INVITED TO DISPLAY AND SELL MERCHANDISE DURING THIS ONE-DAY EVENT. PROCEEDS FROM THE EVENT ARE USED TO PRODUCE EDUCATIONAL MATERIALS ABOUT THE COMMUNITY AND PROMOTE ECONOMIC DEVELOPMENT. PLANNING FOR THE EVENT BEGINS IN MAY EACH YEAR AND THE EVENT IS HELD IN SEPTEMBER. ALL WORK IS DONE BY CHEMBER OF COMMERCE MEMBERS FREE OF CHARGE, AND EXPENSES ARE MET WITH THE PROCEEDS.
4A.SKIATOOK CHAMBER FOUNDATION HELPS THE CHAMBER AS IT CONDUCTS AN AUCTION EACH YEAR OF ITEMS DONATED BY CHAMBER OF COMMERCE MEMBERS & COMMUNITY LEADERS. THE PROCEEDS OF THIS ACUTION ARE USED TO ASSIST COMMUNITY ORGANIZATIONS BE MORE PRODUCTIVE, PRODUCE ECONOMIC DEVELOPMENT MATERIALS PROMOTING THE SKIATOOK AREA. PROVIDE EDUCATIONAL MATERIALABOUT SKIATOOK AND THE SURROUNDING AREA, AND SUPPORT THE SKIATOOK CHAMBER OF COMMERCE AND ITS ACTIVITIES THUS SUPPORTING THE COMMUNITY AS A WHOLE. PREPARATION FOR THIS AUCTION BEGINS IN AUGUST EACH YEAR WITH CHAMBER OF COMMERCE MENBERS DONATING THEIR TIME TO CONTACT AREA MERCHANTS AND OTHER CHAMBER MEMBERS FOR DONATIONS. THE AUCTION WILL BE HELD ON OR ABOUT NOVEMBER 10TH OF EACH YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Upton Executive Director | Trustee | 1 | $0 |
Linda Loftis Board Member | Trustee | 1 | $0 |
Scott Neighbors Vice President | OfficerTrustee | 1 | $0 |
Martha Hoffman Secretary | OfficerTrustee | 1 | $0 |
Andrea Hudson Board Member | Trustee | 1 | $0 |
Omar Bayouth Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,300 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,300 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,300 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,756 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,756 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,756 |