First National Development Corporation

Unknown organization based in Mcalester, OK.0 Exempt under §501(c)(6).

MissionTHE 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

Financial snapshot · TY 2024

$427K
Total revenue
$361K
Total expenses
$8.7M
Net assets

Financial health · TY 2024

41
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
192.8 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
2
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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First National Development Corporation Executive Compensation | 990 Data | DoubleNine