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RURAL ENTERPRISES OF OKLAHOMA INC
2912 ENTERPRISE BLVD
DURANT, OK 74701
580 924-5094

Purpose

RURAL ENTERPRISES OF OKLAHOMA, INC. (REI) EXPANDS ECONOMIC OPPORTUNITIES FOR OKLAHOMANS BY PROVIDING DOWN PAYMENT ASSISTANCE TO HOMEOWNERS, CAPITAL AND BUSINESS DEVELOPMENT SERVICES AND COMMERCIAL FACILITIES TO BUSINESSES AND ENTREPRENEURS WITH LIMITED ACCESS TO RESOURCES. REI BUSINESS LENDING PROVIDES CAPITAL TO BUSINESSES AND COLLABORATES CLOSELY WITH LOCAL LENDERS TO HELP ENTREPRENEURS NAVIGATE THROUGH LENDING RESOURCES AND PROGRAMS. FOR WOMAN-OWNED BUSINESSES AND MINORITY-OWNED ENTERPRISES, REI WOMAN'S BUSINESS CENTER AND REI NATIVE AMERICAN BUSINESS CENTERS OFFER UNIQUE TRAINING, AS WELL AS TECHNICAL ASSISTANCE AND ACCESS TO CAPITAL. ADDITIONALLY, REI DOWN PAYMENT ASSISTANCE PROVIDES SUPPORT TO POTENTIAL HOMEOWNERS. REI DEVELOPMENT CORP ALLOWS REI OKLAHOMA TO ATTRACT NEW INVESTMENTS INTO OKLAHOMA AND CREATE NEEDED JOBS IN UNDERSERVED COMMUNITIES.

Federal Emp. ID
731129417
Activity
S32 - Rural Economic Development
IRS Ruling Date
1982
IRS Type
501(c)(3) - Public charity: Religious, educational, charitable, scientific, and literary organizations...
Basis for public charity status
15 - Organization with a substantial portion of support from a governmental unit or the general public
Date of most recent return
12/2017
Total Revenue
$11,357,367
Total Assets
$34,312,226
Pounds Of Food
alt : Financial Graph

Note: Some ratios are only available for organizations completing the detailed IRS Form 990.
Smaller organizations that choose to complete the Form 990-EZ do not report on this variable.


Important Advisory: A 990 is one snapshot in time. Although Form 990 ratio analysis provided here can be a useful tool, the information can be dated and cannot reflect current conditions of a nonprofit especially in turbulent economic times. It is important to consider current financial statements of any nonprofit for an accurate picture.

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