Duncan Area Economic Development logo

Duncan Area Economic Development

DUNCAN, OK EIN: 73-0751819 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

ComancheDuncanMarlow

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M20202021202220232024
Metric202420232022
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

$0$31K$63K$94K$125K3 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

2<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

LYLE ROGGOWPRESIDENT$192K

From 2024 filing

NameTitleHoursCompensation
LYLE ROGGOWPRESIDENT40$192,253
BILL GOSSETTCHAIRMAN2
RICK BRAUGHTVICE CHAIRMA1
HAL LABYERTREASURER1
KEVIN STEWARTSECRETARY1
BROOK HOLDINGDIRECTOR1
BRYCE HOOPERDIRECTOR1
JAY JOHNSONDIRECTOR1
KELLY KIRKLANDDIRECTOR1
JP PEACOCKDIRECTOR1
CHAD SIMPSONDIRECTOR1
KENZIE WHEELERDIRECTOR
MAYOR ROBERT ARMSTRONGEX-OFFICIO B

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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