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Altus Southwest Area Economic Development Corporation

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$473k (2022)

Expenses
$443k (2022)

Total Assets
$687k (2022)

Total Liabilities
$1.5k (2022)

Source: Form 990 tax filings from 2012 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$473,016
Expenses
$443,103
Net Income
$29,913
Net Assets
$685,432
Notable Sources of Revenue Percent of Total Revenue
Contributions $471,320
99.6%
Program Services $0
Investment Income $1,696
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $686,932
Total Liabilities $1,500
Net Assets $685,432
Compensation
Key Employees and Officers Compensation Related Other
Rodger Kerr (Director) $0 $0 $0
Steve Alison (President) $0 $0 $0
Charles Dobbs (Vice President) $0 $0 $0
Dale Latham (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$502,506
Expenses
$479,689
Net Income
$22,817
Net Assets
$655,519
Notable Sources of Revenue Percent of Total Revenue
Contributions $499,319
99.4%
Program Services $0
Investment Income $3,187
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $667,019
Total Liabilities $11,500
Net Assets $655,519
Compensation
Key Employees and Officers Compensation Related Other
Rodger Kerr (Ceo) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$553,949
Expenses
$509,686
Net Income
$44,263
Net Assets
$632,702
Notable Sources of Revenue Percent of Total Revenue
Contributions $551,055
99.5%
Program Services $0
Investment Income $2,894
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $634,205
Total Liabilities $1,503
Net Assets $632,702
Compensation
Key Employees and Officers Compensation Related Other
Rodger Kerr (Ceo) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$470,166
Expenses
$429,469
Net Income
$40,697
Net Assets
$617,802
Notable Sources of Revenue Percent of Total Revenue
Contributions $465,789
99.1%
Program Services $0
Investment Income $4,377
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $629,977
Total Liabilities $12,175
Net Assets $617,802

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$678,461
Expenses
$764,663
Net Income
-$86,202
Net Assets
$714,158
Notable Sources of Revenue Percent of Total Revenue
Contributions $673,668
99.3%
Program Services $0
Investment Income $4,793
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $727,058
Total Liabilities $12,900
Net Assets $714,158
Compensation
Key Employees and Officers Compensation Related Other
Rodger Kerr (Ceo) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$554,635
Expenses
$472,838
Net Income
$81,797
Net Assets
$800,360
Notable Sources of Revenue Percent of Total Revenue
Contributions $549,831
99.1%
Program Services $0
Investment Income $4,804
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $800,360
Total Liabilities $0
Net Assets $800,360
Compensation
Key Employees and Officers Compensation Related Other
Brian Bush (Ceo) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$549,479
Expenses
$419,077
Net Income
$130,402
Net Assets
$718,563
Notable Sources of Revenue Percent of Total Revenue
Contributions $549,479
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $718,563
Total Liabilities $0
Net Assets $718,563
Compensation
Key Employees and Officers Compensation Related Other
Brian Bush (Ceo) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$547,229
Expenses
$419,381
Net Income
$127,848
Net Assets
$588,161
Notable Sources of Revenue Percent of Total Revenue
Contributions $547,229
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $588,162
Total Liabilities $1
Net Assets $588,161
Compensation
Key Employees and Officers Compensation Related Other
Rick Henry (President) $0 $0 $0
Jim Gover (Director) $0 $0 $0
Steve Heartgraves (Secretary/Treas) $0 $0 $0
David Fuqua (Member) $0 $0 $0
Marty Clinton (Member) $0 $0 $0
Kevin Martin (Vice President) $0 $0 $0
Roger Hill (Member) $0 $0 $0
Dale Latham (Member) $0 $0 $0
Jason Winters (Member) $0 $0 $0
Kendall Hurst (Member) $0 $0 $0
Steve Allison (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$442,182
Expenses
$412,655
Net Income
$29,527
Net Assets
$460,313
Notable Sources of Revenue Percent of Total Revenue
Contributions $441,031
99.7%
Program Services $0
Investment Income $1,151
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $460,313
Total Liabilities $0
Net Assets $460,313
Compensation
Key Employees and Officers Compensation Related Other
Rick Henry (President) $0 $0 $0
Jim Gover (Secretary/Treas) $0 $0 $0
B F Rowland (Member) $0 $0 $0
Gary Strickland (Director) $0 $0 $0
Elizabeth A Gray (Member) $0 $0 $0
Kevin Martin (Member) $0 $0 $0
Dwayne Martin (Director) $0 $0 $0
Rick Vernon (Member) $0 $0 $0
Karen Sanchez (Member) $0 $0 $0
Marty Clinton (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$530,946
Expenses
$371,983
Net Income
$158,963
Net Assets
$430,786
Notable Sources of Revenue Percent of Total Revenue
Contributions $530,732
100.0%
Program Services $0
Investment Income $214
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $430,786
Total Liabilities $0
Net Assets $430,786

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$281,997
Expenses
$285,743
Net Income
-$3,746
Net Assets
$271,823
Notable Sources of Revenue Percent of Total Revenue
Contributions $261,643
92.8%
Program Services $0
Investment Income $334
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,020
7.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $271,823
Total Liabilities $0
Net Assets $271,823

Document Links

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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