Duncan Area Economic Development Foundation
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.
Key facts about Duncan Area Economic Development Foundation
- EIN
- 73-0751819
- Latest 990 filing
- Form 990, 2024
- Total assets
- $28,124,050
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · 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 Foundation
Based on IRS filings
Duncan Area Economic Development Foundation is a public charity focused on Community Improvement & Capacity Building, based in Duncan, OK. IRS filing data is available from 2019 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
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $97K (2022) to $125K (2020). In 2022 it made 1 grant totaling $97K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 2 grants of 4 (50%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
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 |
| Net Investment Income | $131,086 | $65,701 | $36,321 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 4, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 3, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2023)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Duncan Area Economic Development Foundation is led by Lyle Roggow, President on every filing since 2019; 1 of 13 officers listed in 2024 is compensated.
Officers on the 2024 filing
Lyle Roggow
President
On filings since 2019
40 hrs/week
$177K (2019) → $192K (2024)
Bill Gossett
Chairman
Director → Chairman, 2024
On filings since 2020
2 hrs/week
No compensation reported
Bryce Hooper
Director
On filings since 2020
1 hr/week
No compensation reported
Chad Simpson
Director
On filings since 2021
1 hr/week
No compensation reported
Jp Peacock
Director
On filings since 2021
1 hr/week
No compensation reported
Jay Johnson
Director
On filings since 2022
1 hr/week
No compensation reported
Kelly Kirkland
Director
On filings since 2023
1 hr/week
No compensation reported
Brook Holding
Director
New on the 2024 filing
1 hr/week
No compensation reported
Kenzie Wheeler
Director
New on the 2024 filing
No compensation reported
Hal Labyer
Treasurer
Director → Treasurer, 2020
On filings since 2019
1 hr/week
No compensation reported
Rick Braught
Vice Chairman
Treasurer → Vice Chairman, 2020
On filings since 2019
1 hr/week
No compensation reported
Kevin Stewart
Secretary
Director → Secretary, 2022
On filings since 2021
1 hr/week
No compensation reported
Mayor Robert Armstrong
Ex-Officio B
On filings since 2022
No compensation reported
Former officers (11)
- Former: Dennis Loafman (2019–2023) — Chairman
- Former: Kimberly Meek (2020–2023) — Director
- Former: Joe Hill (2019–2022) — Director
- Former: Jeff Gregston (2019–2021) — Secretary
- Former: Mayor Ritchie Dennington (2020–2021) — Ex-Officio B
- Former: Db Green (2019–2020) — Director
- Former: John McArthur (2019–2020) — Director
- Former: Jay Watkins (2019) — Director
- Former: Kim Meek (2019) — Director
- Former: Patty Wininger (2019) — Director
- Former: Robert Peterson (2019) — Vice Chairman
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $192K, to Lyle Roggow (President).
Frequently asked questions about Duncan Area Economic Development Foundation
How large is Duncan Area Economic Development Foundation?
Duncan Area Economic Development Foundation reported $28.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.5M.
What is Duncan Area Economic Development Foundation?
Duncan Area Economic Development Foundation is a public charity focused on Community Improvement & Capacity Building, based in Duncan, OK. It holds $28.1M in total assets as of 2024.
Where does Duncan Area Economic Development Foundation operate?
Duncan Area Economic Development Foundation has awarded grants in Oklahoma.
What is Duncan Area Economic Development Foundation's EIN?
Duncan Area Economic Development Foundation's EIN (Employer Identification Number) is 73-0751819. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Duncan Area Economic Development Foundation by hand.
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