Oklahoma Innovative Technology Alliance
- Assets
- $16.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edmond, OK
- Founding
- Data as of
- 12/2022
- EIN
- 85-1215775
Organization Overview
Oklahoma Innovative Technology Alliance is located in Edmond, OK. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Innovative Technology Alliance is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Oklahoma Innovative Technology Alliance generated $42.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $52.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OKLAHOMA INNOVATIVE TECHNOLOGY ALLIANCE HAS BEEN FORMED TO FURTHER THE CAUSE OF INNOVATIVE TECHNOLOGY IN THE STATE OF OKLAHOMA. COLLECTIONS WILL BE USED TO FUND RESEARCH, EDUCATION AND NETWORKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Robins President | 10 | $21,947 | |
Bryan Clifton Chairman | 10 | $0 | |
Michael Thomas Director | 10 | $0 | |
Donovan Farrow Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $42,600 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,602 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,947 |
| Professional fees and other payments to independent contractors | $14,757 |
| Occupancy, rent, utilities, and maintenance | $1,504 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,259 |
| Total expenses | $52,467 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,327 |
| Other assets | $0 |
| Total assets | $16,327 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,327 |