Public Charity

First National Development Corporation

First National Development Corporation is a Public Charity headquartered in McAlester, OK. Financial data from the 2024 filing: $427K revenue, $361K expenses, $8.7M total assets. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $30K.

EIN: 731134929 McAlester, OK Latest filing: 2024
Total Revenue$427K
Total Expenses$361K
Total Assets$8.7M
Grants Given2
Grant Total$30K
Filing Years2023–2024

Mission

THE PURPOSE OR PURPOSES FOR WHICH THE CORPORATION WAS FORMED ARE: STIMULATING THE DEVELOPMENT AND/OR RE- DEVELOPMENT OF PROPERTIES WITHIN THE MCALESTER AREA, PROVIDING JOBS AND OTHER ECONOMIC OPPORTUNITIES AND OTHERWISE MEETING PRESSING COMMUNITY NEEDS IN THE AREA OF GROWTH AND DEVELOPMENT.

Sample Grants Given

McAlester, OK · 2023
Program Assistance
$25,000
City of McAlester
McAlester, OK · 2023
Annual 4th of July Celebration
$5,000

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

DIRECTOR Boyd Bass
PRESIDENT Carlton Bass
SECRETARY/TREASURER E Jane Auld
DIRECTOR Evans Mcbride
DIRECTOR Sayer Brenner

Officer compensation and complete director data available with membership.

Top Grant Purposes

Program Assistance
$25,000 1 grant
Annual 4th of July Celebration
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $427K $361K $8.7M
2023 $491K $403K $8.8M

Between 2023 and 2024, reported annual revenue declined from $491K to $427K (-13%), with total assets most recently reported at $8.7M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in OK.

OK

Full geographic grant map with state-by-state breakdown available with membership.

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