Overview

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Est.

1954

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The DUNCAN AREA ECONOMIC DEVELOPMENT FOUNDATION is dedicated to urban development and community improvement, with a mission to continually increase job opportunities and foster a favorable business climate and workforce development programs for the benefit of the community and surrounding area. Operating with a budget of $980.2K and generating total revenue of $4.5M in 2024, the organization plays a crucial role in enhancing local economic conditions. For more information, visit www.ok-duncan.com.

Mission Statement

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.
Revenues
$4.5M
Expenses
$980.2K
Net Income:
+$3.5M
Assets
$28.1M
Liabilities
$1M
Net Assets:
+$27.1M
Operating Budget
$980.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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L
Lyle Roggow
Board Member
H
Hal Labyer
Board Member
R
Rick Braught
Board Member

Frequently Asked Questions

What is DUNCAN AREA ECONOMIC DEVELOPMENT FOUNDATION’s budget?
In 2024, DUNCAN AREA ECONOMIC DEVELOPMENT FOUNDATION reported an annual operating budget of around $980 thousand. More detailed financial information is available to registered users.
What causes does DUNCAN AREA ECONOMIC DEVELOPMENT FOUNDATION support?
DUNCAN AREA ECONOMIC DEVELOPMENT FOUNDATION supports work in Community improvement and Urban development.
Where does DUNCAN AREA ECONOMIC DEVELOPMENT FOUNDATION operate?
DUNCAN AREA ECONOMIC DEVELOPMENT FOUNDATION is headquartered in Duncan, OK.
What is DUNCAN AREA ECONOMIC DEVELOPMENT FOUNDATION’s reliance on government grants?
DUNCAN AREA ECONOMIC DEVELOPMENT FOUNDATION relied on government grants for more than 35% of their total revenue in 2024.