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US nonprofit · EIN 201611981 · Chelsea, OKiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 201611981) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2025: assets, liabilities, staff, website, telephone, pay, related organisations (Schedule R).Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code SOUNK), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Chelsea Improvement Trust

Donations deductible
Revenue
$28k
year to 31 December 2025
Expenses
$9k
year to 31 December 2025
Total assets
$1.9m
$0 liabilities
Net assets
$1.9m
assets less liabilities
Directors and trustees
5
5.0 years on average
Staff
0
employees, year to 31 December 2025
Left since last filing
0
no seats appear to have opened
Voting members
5
reported in Part VI
How am I connected?

Chelsea Improvement Trust's network

5 people1 organisationi5 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Jared GavitTrustee2021
5 yrs
Jarrod HolmanTrustee2023
3 yrs
Larry CopelandTrustee2021
5 yrs
Lisa WootenTrustee2020
6 yrs
Terry HelmsTrustee2022
4 yrs
Under 5 years5 to 6 years6 years or more

Pay and hours

year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Jared GavitTrustee1$0
Larry CopelandTrustee1$0
Lisa WootenTrustee1$0
Terry HelmsTrustee1$0
Jarrod HolmanTrustee1$0
Robert CrumTrustee1$0

No pay was reported for anyone in Part VII on this return.

About

Legal name
Chelsea Improvement Trust
EIN
201611981
Address
637 Olive St, Chelsea, OK, 74016-1807
State
Oklahoma
Mission
To provide funds for the furtherance and accomplishment of any authorized and proper public function or purpose of the Town of Chelsea, Oklahoma including, but not limited to, funding operating expenses and improving buildings, nfrastructure, rolling stock, and facilities of Chelsea, Oklahoma (as filed on the Form 990)
Activity (NTEE)
T90 Philanthropy, voluntary services and grantmaking
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Philanthropy, Voluntarism & Grantmaking Foundations
Size band
6 (IRS master file code)
Formed
2004
Principal officer
Jared Gavit (as named on the Form 990)
IRS ruling date
1 March 2005
Status
Code 01 (unconditional exemption)
Form 990 filings on record
4, latest 2023
IRS Publication 78
SOUNK (contributions deductible)

Most connected

Longest observed on the filings

≥6years on the filingsLisa Wooten
≥5years on the filingsJared Gavit
≥5years on the filingsLarry Copeland
≥4years on the filingsTerry Helms

Latest return

year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.
Total assets
$1.9m
Total liabilities
$0
Net assets or fund balances
$1.9m
Contributions and grants received
$0
Program service revenue
$0
Employees
0