Tulsa Economic Development Corporation
Tulsa Economic Development Corporation (TEDC), based in Tulsa, Oklahoma, is a public charity founded in 1979 to promote and sustain small-business growth. Its website describes TEDC Creative Capital as a certified Community Development Financial Institution that primarily supports businesses through nontraditional lending, business education, and connections to resources.
Tulsa Economic Development Corporation at a glance
- Total assets
- $54,942,497
- +32.3% vs 2024
- Revenue (2025)
- $14,471,175
- +1.3% vs 2024
- Net investment income (2025)
- $1,224,762
- +27.8% vs 2024
- Expenses (2025)
- $3,024,030
- -2.7% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to Tulsa Economic Development Corporation
- Contact
Mailing address: 125 West 3Rd Street, Tulsa, OK 74103
Phone: (918) 585-8332
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Tulsa Economic Development Corporation
Who Tulsa Economic Development Corporation funds
How this funder distributes its grants
Grant Size Distribution
618 grants across all recorded years
The most common grant size was under $50K: 246 grants of 618 (40%).
Geographic Focus
Where this funder awards grants
TEDC’s mission centers on small-business growth in Tulsa. Its City of Tulsa Small Business Loan is limited to businesses within the city, while the Oklahoma Business Lending Partnership supports businesses throughout Oklahoma.
Grant Distribution by State
States
Cities
How Tulsa Economic Development Corporation gives
- Giving fell 56% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $25K (2022) to $50.9M (2021). In 2023 it made 1 grant totaling $2.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Young Mens Christian Association of Greater Tulsa Tulsa, OK | To Support Organization's Purpose | $2,243,309 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $54,942,497 | $14,471,175 | $3,024,030 | — | — | $1,224,762 |
| 2024 | $41,534,822 | $14,282,109 | $3,107,861 | — | — | $958,631 |
| 2023 | $30,345,955 | $5,003,005 | $5,036,348 | $2,243,309 | 1 | $600,001 |
| 2022 | $38,001,915 | $6,170,732 | $3,423,765 | $25,000 | 2 | $399,515 |
| 2021 | $33,851,725 | $32,973,039 | $55,444,671 | $50,879,041 | 615 | $339,817 |
| 2020 | $64,780,716 | $37,182,038 | $7,107,438 | $5,147,145 | 72 | $304,562 |
| 2019 | $15,422,908 | $1,840,403 | $1,400,370 | — | — | $365,879 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
TEDC’s stated mission is to create economic vitality in communities by encouraging small-business growth. Its website describes lending options for businesses starting, sustaining, or expanding, along with business education and access to a network of experts. Programs include loans for Tulsa businesses and lending available to businesses throughout Oklahoma.
A 2024 filing describes the Saving Our Homes Initiative as a short-term program developed with the City of Tulsa to help eligible low-income households clear home titles or pay property taxes, and to connect households with free financial counseling. This is household assistance, not a grant program for outside applicants.
Grantmaking
TEDC’s materials primarily describe lending and business education rather than traditional grantmaking. The IRS filing data lists one grant in 2023, totaling $2,243,309, and no grants in 2024 or 2025. The 2023 recipient was the Young Men’s Christian Association in Tulsa. The YMCA describes its mission as putting Christian principles into practice through programs that build healthy spirit, mind, and body, and as nurturing children’s potential, promoting healthy living, and fostering social responsibility.
TEDC’s website provides an application process for business loans, not grants. Loan applicants are asked to submit an application and supporting materials, including business and personal debt schedules, a business plan with three years of financial projections, balance sheets, income statements, tax returns, and owner or guarantor resumes or executive summaries. A $35 application fee per guarantor is required.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Matt King as president. Directors listed are Shella Bowlin, Gilbert Gerst, Cassia Carr, Marilyn Morris, Kenneth Quigley, Gil Eacret, Javier Gamarra, Joyce McClellan, and David Easton.
Tulsa Economic Development Corporation is led by Rose Washington, Executive Director on every filing since 2019; 1 of 14 officers listed in 2025 is compensated.
Officers on the 2025 filing
Rose Washington
Executive Director
On filings since 2019
50 hrs/week
$155K (2019) → $215K (2025)
Matt King
President
Board Vice President → Vice President, 2022
Vice President → President, 2023
On filings since 2019
0.5 hrs/week
No compensation reported
Cassia Carr
Director
Board President & Chair → President, 2022
President → Director, 2023
On filings since 2019
0.5 hrs/week
No compensation reported
Gil Eacret
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Gilbert Gerst
Director
Director → Development Personnel Committee Chair, 2021
Development Personnel Committee Chair → Director, 2022
On filings since 2019
0.5 hrs/week
No compensation reported
Javier Gamarra
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Joyce McClellan
Director
President → Director, 2021
On filings since 2019
0.5 hrs/week
No compensation reported
Kenneth Quigley
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Marilyn Morris
Director
Director → Loan Committee Chair, 2021
Loan Committee Chair → Director, 2022
On filings since 2019
0.5 hrs/week
No compensation reported
David Easton
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Shella Bowlin
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Shanann Passley
Secretary
Secretary → Board Secretary, 2021
Board Secretary → Secretary, 2022
On filings since 2019
0.5 hrs/week
No compensation reported
James Sanchez
Vice President
Director → Vice President, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Cindy Baker
Treasurer
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (7)
- Former: Belkis Barrera Lane (2019–2023) — Director
- Former: Casey Stowe (2019–2023) — Director
- Former: Greg Shaw (2019–2023) — Director
- Former: Michael Troilo (2022–2023) — Director
- Former: Cynthia Baker (2019–2021) — Treasurer & Finance Committee Chair
- Former: Matthew Maennche (2019–2021) — Director
- Former: George Matson (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $215K, to Rose Washington (Executive Director).
Frequently asked questions about Tulsa Economic Development Corporation
How large is Tulsa Economic Development Corporation?
Tulsa Economic Development Corporation reported $54.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $14.5M.
What does Tulsa Economic Development Corporation fund?
TEDC’s stated mission is to create economic vitality in communities by encouraging small-business growth. Its website describes lending options for businesses starting, sustaining, or expanding, along with business education and access to a network of experts. See mission & focus areas ↑
How do I apply for a grant from Tulsa Economic Development Corporation?
Tulsa Economic Development Corporation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
Where does Tulsa Economic Development Corporation make grants?
TEDC’s mission centers on small-business growth in Tulsa. Its City of Tulsa Small Business Loan is limited to businesses within the city, while the Oklahoma Business Lending Partnership supports businesses throughout Oklahoma.
What is Tulsa Economic Development Corporation's EIN?
Tulsa Economic Development Corporation's EIN (Employer Identification Number) is 73-1084819. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS August 4, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 9, 2024)
- Added Form 990 for fiscal year 2019 (received by the IRS March 10, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 3, 2022)
- Added Form 990 for fiscal year 2025 (received by the IRS July 8, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Tulsa Economic Development Corporation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
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Figures come from Tulsa Economic Development Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Tulsa Economic Development Corporation down — hundreds of funders to go?