First National Development Corporation

MCALESTER, OK EIN: 73-1134929

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

1states

States

Cities

Mcalester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$135K$270K$405K$540K20232024
Metric20242023
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

$0$8K$15K$23K$30K2 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

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

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

NameTitleHoursCompensation
CARLTON BASSPRESIDENT0.3
BOYD BASSDIRECTOR0.3
EVANS MCBRIDEDIRECTOR0.3
SAYER BRENNERDIRECTOR0.3
E JANE AULDSECRETARY/TREASURER0.3

Frequently Asked Questions

How large is First National Development Corporation?

As of 2024, First National Development Corporation holds $8.7M in total assets with $427K in annual revenue.

Where does First National Development Corporation operate?

First National Development Corporation has awarded grants in Oklahoma.

What is First National Development Corporation's EIN?

First National Development Corporation's EIN (Employer Identification Number) is 73-1134929. IRS Form 990 filing data is available on this page for 2023–2024.

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

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