NonprofitsDuncan Area Economic Development Foundation

Community Improvement & Capacity Building

Duncan Area Economic Development Foundation

DUNCAN, OK

Total revenue

$4.5M

Total expenses

$980K

Net assets

$27.1M

Grants received

EIN

730751819

Tax year

2024

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.

Programs

2 programs

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 high school students, duncan high school student industry tours conecting local businesses with students about to enter the workforce, and support for duncan high school student internship programs.

Expenses: $5K

Leasing activities to provide industrial locations for qualifying businesses; activity designed to increase industry and job opportunities by attracting industry to the area. Rental expenses for 2023 were 1,806,006 as presented in part viii, line 6b.

Financials

FY 2024

Revenue

Contributions & grants$3.8M
Program service revenue
Investment income$131K
Other revenue$561K
Total revenue$4.5M

Expenses

Grants paid
Salaries & benefits$421K
Fundraising
Other expenses$559K
Total expenses$980K
Total assets$28.1M
Net assets$27.1M

People

13 listed

NameRoleCompensation

BILL GOSSETT

CHAIRMAN

Board

2 hrs/wk

RICK BRAUGHT

VICE CHAIRMA

Board

1 hrs/wk

HAL LABYER

TREASURER

Board

1 hrs/wk

KEVIN STEWART

SECRETARY

Board

1 hrs/wk

BROOK HOLDING

DIRECTOR

Board

1 hrs/wk

BRYCE HOOPER

DIRECTOR

Board

1 hrs/wk

JAY JOHNSON

DIRECTOR

Board

1 hrs/wk

KELLY KIRKLAND

DIRECTOR

Board

1 hrs/wk

JP PEACOCK

DIRECTOR

Board

1 hrs/wk

CHAD SIMPSON

DIRECTOR

Board

1 hrs/wk

KENZIE WHEELER

DIRECTOR

Board

MAYOR ROBERT ARMSTRONG

EX-OFFICIO B

Board

LYLE ROGGOW

PRESIDENT

Staff

$192K

40 hrs/wk

Details

EIN730751819
NTEE codeS31Z
Subsection03
Ruling date1998-10
Formed1954
Employees5
DUNCAN AREA ECONOMIC DEVELOPMENT FOUNDATION — Mission, Financials & Grants Received | Grantivo