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.
First National Development Corporation at a glance
In short: First National Development Corporation reported $3K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.
- Grants paid (2024)
- $2,500 — reported as a total on the IRS filing, without an itemized list
- -91.7% vs 2023
- Total assets
- $8,723,255
- -0.8% vs 2023
- Revenue (2024)
- $426,812
- -13.1% vs 2023
- Expenses (2024)
- $361,352
- -10.3% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who First National Development Corporation funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $3K (2024) to $30K (2023). In 2024 it reported $3K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Caring Hands McAlester, OK | Program Assistance | $25,000 |
| City of McAlester McAlester, OK | Annual 4th of July Celebration | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $8,723,255 | $426,812 | $361,352 | $2,500 | Total only |
| 2023 | $8,796,542 | $491,174 | $402,638 | $30,000 | 2 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About First National Development Corporation
Based on IRS filings
First National Development Corporation is a public charity, based in McAlester, OK. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $8.7M in total assets. In 2024, it reported $3K in grants paid as a total on its IRS filing, without an itemized list.
Leadership & Key People
Officers and directors from IRS filings
First National Development Corporation is led by Carlton Bass, President on every filing since 2023; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Carlton Bass
President
On filings since 2023
0.3 hrs/week
No compensation reported
Boyd Bass
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Evans McBride
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Sayer Brenner
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
E. Jane Auld
Secretary & Treasurer
On filings since 2023
0.3 hrs/week
No compensation reported
Former officers (1)
- Former: R. Bruce Hall (2023) — Director
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about First National Development Corporation
How much does First National Development Corporation give each year?
First National Development Corporation reported $3K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it gave $30K across 2 grants.
How large is First National Development Corporation?
First National Development Corporation reported $8.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $427K.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS October 25, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2023–2024
Explore Open Grants
Browse active grant opportunities in First National Development Corporation's focus areas in our free grants database
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