Mission
TO CONTINUALLY INCREASE JOB OPPORTUNITIES AND THE DEVELOPMENT OF FAVORABLE BUSINESS CLIMATE AND WORKFORCE DEVELOPMENT PROGRAMS FOR THE BENEFIT OF THE COMMUNITY AND SURROUNDING AREA.
Public Charity
DUNCAN AREA ECONOMIC DEVELOPMENT FOUNDATION
DUNCAN AREA ECONOMIC DEVELOPMENT FOUNDATION is a private foundation categorized as Public Charity based in DUNCAN, OK. Its most recent IRS filing (2024) reports revenue of $4.5M, expenses of $980K, total assets of $28.1M. Imperigo tracks 4 reported grants from this foundation totaling approximately $125K.
EIN: 730751819
DUNCAN, OK
Urban & Community Economic Development
NTEE: S31
Latest filing: 2024
Total Revenue$4.5M
Total Expenses$980K
Total Assets$28.1M
Grants Given4
Grant Total$125K
Filing Years2020–2024
Where $100 goes at Duncan Area Economic Development Foundation
How Duncan Area Economic Development Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$84
Programs
the work itself
$16
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $84 for programs
$83
Industry recruitment activities designed to promote Duncan to new and relocating or expanding industries while also supporting creation of new companies with the business incubator, for the purpose…
$1
Community workforce development includes learn here earn here initiatives to address workforce issues in the community; included are periodic job fairs, co2 engineering contest targeted toward middle and…
<$1
Leasing activities to provide industrial locations for qualifying businesses; activity designed to increase industry and job opportunities by attracting industry to the area
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
PUBLIC FOOD PROGRAMS
$75,000
PUBLIC FOOD PROGRAMS
$25,000
PUBLIC FOOD PROGRAMS
$25,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
CHAIRMAN
Bill Gossett
DIRECTOR
Brook Holding
DIRECTOR
Bryce Hooper
DIRECTOR
Chad Simpson
TREASURER
Hal Labyer
DIRECTOR
Jay Johnson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.5M | $980K | $28.1M |
| 2023 | $2.6M | $977K | $23.9M |
| 2022 | $5.3M | $1.0M | $23.3M |
| 2021 | $1.2M | $720K | $17.9M |
| 2020 | $1.2M | $1.2M | $17.8M |
Between 2020 and 2024, reported annual revenue grew from $1.2M to $4.5M (+281%), with total assets most recently reported at $28.1M.
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.