Duncan Area Economic Development
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$28.1M
+17.8% YoY
Revenue
$4.5M
+70.1% YoY
Net Investment Income
$131K
+99.5% YoY
Expenses
$980K
+0.3% YoY
About Duncan Area Economic Development
Based on IRS filings
Duncan Area Economic Development is a nonprofit organization focused on Community Improvement & Capacity Building, based in DUNCAN, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28.1M in total assets. Net investment income was $131K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $28,124,050 | $23,883,296 | $23,270,970 |
| Revenue | $4,454,413 | $2,619,410 | $5,295,425 |
| Expenses | $980,153 | $976,777 | $1,000,538 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $131,086 | $65,701 | $36,321 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LYLE ROGGOW | PRESIDENT | 40 | $192,253 |
| BILL GOSSETT | CHAIRMAN | 2 | — |
| RICK BRAUGHT | VICE CHAIRMA | 1 | — |
| HAL LABYER | TREASURER | 1 | — |
| KEVIN STEWART | SECRETARY | 1 | — |
| BROOK HOLDING | DIRECTOR | 1 | — |
| BRYCE HOOPER | DIRECTOR | 1 | — |
| JAY JOHNSON | DIRECTOR | 1 | — |
| KELLY KIRKLAND | DIRECTOR | 1 | — |
| JP PEACOCK | DIRECTOR | 1 | — |
| CHAD SIMPSON | DIRECTOR | 1 | — |
| KENZIE WHEELER | DIRECTOR | — | — |
| MAYOR ROBERT ARMSTRONG | EX-OFFICIO B | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Duncan Area Economic Development?
Duncan Area Economic Development is a nonprofit organization focused on Community Improvement & Capacity Building, based in DUNCAN, OK. It holds $28.1M in total assets as of 2024.
How large is Duncan Area Economic Development?
As of 2024, Duncan Area Economic Development holds $28.1M in total assets with $4.5M in annual revenue.
Where does Duncan Area Economic Development operate?
Duncan Area Economic Development has awarded grants in Oklahoma.
What is Duncan Area Economic Development's EIN?
Duncan Area Economic Development's EIN (Employer Identification Number) is 73-0751819. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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