First National Development Corporation
THE PURPOSE OR PURPOSES FOR WHICH THE CORPORATION WAS FORMED ARE: STIMULATING THE DEVELOPMENT AND/OR RE- DEVELOPMENT OF PROPERTIES WITHIN THE MCALESTER AREA, PROVIDING JOBS AND OTHER ECONOMIC OPPORTUNITIES AND OTHERWISE MEETING PRESSING COMMUNITY NEEDS IN THE AREA OF GROWTH AND DEVELOPMENT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.7M
-0.8% YoY
Revenue
$427K
-13.1% YoY
Net Investment Income
—
Expenses
$361K
-10.3% YoY
About First National Development Corporation
Based on IRS filings
First National Development Corporation is a nonprofit organization, based in MCALESTER, OK. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $8.7M in total assets.
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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 |
|---|---|---|
| Total Assets | $8,723,255 | $8,796,542 |
| Revenue | $426,812 | $491,174 |
| Expenses | $361,352 | $402,638 |
| Qualifying Distributions | — | — |
| Net Investment Income | — | — |
| 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
2 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARLTON BASS | PRESIDENT | 0.3 | — |
| BOYD BASS | DIRECTOR | 0.3 | — |
| EVANS MCBRIDE | DIRECTOR | 0.3 | — |
| SAYER BRENNER | DIRECTOR | 0.3 | — |
| E JANE AULD | SECRETARY/TREASURER | 0.3 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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