Scissortail Community Development Corporation: Company Profile

Background

Overview

Scissortail Community Development Corporation (SCDC) is a 501(c)(3) nonprofit organization based in Oklahoma City, Oklahoma. Established in 2011, SCDC is dedicated to enhancing the physical and social infrastructures of underdeveloped neighborhoods across Oklahoma, particularly those with populations significantly below the area median income. The organization focuses on community economic development, workforce development, affordable housing, and healthcare services.

Mission and Vision

SCDC's mission is to improve the quality of life in underserved communities by addressing economic disparities and providing essential services. The organization envisions a future where all Oklahoma residents have access to sustainable economic opportunities, quality housing, and comprehensive healthcare.

Primary Area of Focus

SCDC concentrates its efforts on revitalizing blighted neighborhoods, fostering economic growth, and enhancing the well-being of residents through various community development initiatives.

Industry Significance

As a nonprofit entity, SCDC plays a crucial role in community development within Oklahoma, addressing systemic challenges in economically disadvantaged areas and contributing to the state's broader efforts in economic revitalization and social equity.

Key Strategic Focus

Core Objectives

Community Economic Development: Stimulating local economies by supporting small businesses, creating job opportunities, and attracting investments to underserved areas.

Workforce Development: Providing training and educational programs to equip residents with skills necessary for sustainable employment.

Affordable Housing: Developing and maintaining housing options that are accessible to low- and moderate-income families.

Healthcare Services: Ensuring access to essential healthcare services, including preventive care and health education.

Specific Areas of Specialization

SCDC specializes in comprehensive community development strategies that integrate economic, educational, and healthcare initiatives to foster holistic growth in underserved neighborhoods.

Key Technologies Utilized

While specific technological tools are not detailed in the available information, SCDC likely employs data analytics and geographic information systems (GIS) to assess community needs, plan development projects, and monitor progress.

Primary Markets or Conditions Targeted

The organization primarily targets neighborhoods in Oklahoma with populations significantly below the area median income, focusing on areas that have experienced economic decline and require revitalization efforts.

Financials and Funding

Funding History

SCDC has secured funding through various channels, including grants from foundations and other nonprofits. Notable contributors include the American Federation for Children, National School Choice Awareness Foundation, and the American Federation for Children Growth Fund.

Total Funds Raised

In the fiscal year ending December 2023, SCDC reported total revenues of $169,068.

Recent Funding Rounds

Specific details regarding recent funding rounds are not provided in the available information.

Notable Investors

Key investors include the American Federation for Children, National School Choice Awareness Foundation, and the American Federation for Children Growth Fund.

Intended Utilization of Capital

The funds are utilized to support SCDC's initiatives in community economic development, workforce development, affordable housing, and healthcare services, aiming to improve the quality of life in underserved Oklahoma neighborhoods.

Pipeline Development

Key Pipeline Candidates

Specific pipeline candidates are not detailed in the available information.

Stages of Clinical Trials or Product Development

As a nonprofit focused on community development, SCDC does not engage in clinical trials or product development.

Target Conditions

SCDC addresses economic disparities, housing shortages, and healthcare access issues in underserved communities.

Relevant Timelines for Anticipated Milestones

Specific timelines for upcoming projects or milestones are not provided in the available information.

Technological Platform and Innovation

Proprietary Technologies

While specific proprietary technologies are not mentioned, SCDC likely utilizes data-driven approaches to inform decision-making and measure the impact of its initiatives.

Significant Scientific Methods

SCDC employs community assessment tools, needs analyses, and strategic planning methodologies to design and implement effective development programs.

Leadership Team

Key Executive Profiles

Renee Porter: President of SCDC. Specific details regarding her professional background and contributions are not provided in the available information.

Leadership Changes

Recent Significant Changes or Appointments

No recent significant changes or appointments within SCDC's leadership are noted in the available information.

Competitor Profile

Market Insights and Dynamics

The community development sector in Oklahoma is characterized by a mix of nonprofit organizations, government agencies, and private developers working to address economic disparities and promote sustainable growth in underserved areas.

Competitor Analysis

While specific competitors are not identified in the available information, other organizations in Oklahoma City and the broader state are likely engaged in similar community development efforts, potentially including the Scissortail Park Foundation, which focuses on urban development and community engagement.

Strategic Collaborations and Partnerships

Significant Collaborations, Partnerships, or Alliances

SCDC collaborates with various foundations and nonprofit organizations to secure funding and support for its initiatives. Notable partners include the American Federation for Children, National School Choice Awareness Foundation, and the American Federation for Children Growth Fund.

Operational Insights

Strategic Considerations in Relation to Major Competitors

SCDC differentiates itself by focusing on comprehensive community development strategies that integrate economic, educational, and healthcare initiatives, aiming for holistic growth in underserved neighborhoods.

Market Position

As a dedicated nonprofit organization, SCDC holds a unique position in addressing the multifaceted needs of underdeveloped communities in Oklahoma, contributing to the state's broader efforts in economic revitalization and social equity.

Competitive Advantages or Differentiators

SCDC's holistic approach to community development, combined with its focus on underserved areas, positions it as a key player in fostering sustainable growth and improving quality of life in economically disadvantaged neighborhoods.

Strategic Opportunities and Future Directions

Strategic Roadmap

SCDC aims to expand its initiatives in community economic development, workforce development, affordable housing, and healthcare services, with a continued focus on underserved neighborhoods in Oklahoma.

Future Business Directions

The organization plans to strengthen partnerships with other nonprofits, government agencies, and private sector entities to enhance the impact of its programs and reach a broader population in need.

Opportunities for Expansion

SCDC seeks to replicate successful community development models in other regions of Oklahoma, leveraging its expertise to address similar challenges in different communities.

Positioning to Achieve Future Objectives

By maintaining a clear focus on its mission and leveraging strategic partnerships, SCDC is well-positioned to continue making significant contributions to community development and economic revitalization in Oklahoma.