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Nonprofiteer
← ARKANSAS STATE CHAMBER OF COMMERCE FOUNDATION INC

Form 990 for tax year 2022

Filed by ARKANSAS STATE CHAMBER OF COMMERCE FOUNDATION INC.

Totals

Total revenue
$341,000
Total expenses
$342,353
Contributions and grants received
$341,000
Grants paid
$1,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$229,363
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$229,363
Program services expenses (Part IX)
$335,506
Management and general expenses
$6,847
Fundraising expenses
$0
Program service expenses (Part III)
$335,506

Program services were 98.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • RANDY ZOOK

    PRESIDENT

    Total calculated
    $419,659
    From this org
    $0
    From related orgs
    $384,594
    Other
    $35,065
    Hours/week
    0.1

    Schedule J breakdown matched by us

    Base
    $0 + $284,594 related
    Bonus
    $0 + $100,000 related
    Other
    $0
    Deferred
    $0 + $11,184 related
    Nontaxable benefits
    $0 + $23,881 related
    Filer's total
    $0 + $419,659 related

  • KENNY HALL

    SECRETARY

    Total calculated
    $204,531
    From this org
    $0
    From related orgs
    $171,458
    Other
    $33,073
    Hours/week
    0.1

    Schedule J breakdown matched by us

    Base
    $0 + $166,458 related
    Bonus
    $0 + $5,000 related
    Other
    $0
    Deferred
    $0 + $8,738 related
    Nontaxable benefits
    $0 + $24,335 related
    Filer's total
    $0 + $204,531 related

  • BRADLEY HARDIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • GARY HEAD

    TREASURER

    Total calculated
    $0
    Hours/week
    0.1

  • MINDY WEST

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • RAY DILLON

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.1

  • ED DRILLING

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART I, LINE 3
ARKANSAS STATE CHAMBER OF COMMERCE, A RELATED ORGANIZATION, HAS A WRITTEN EMPLOYMENT CONTRACT WITH THE PRESIDENT AND APPROVAL OF THE BOARD TO ESTABLISH COMPENSATION OF THE PRESIDENT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 October 2023
IRS schema version
2022v5.0
Source object
202302909349300230

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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