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Nonprofiteer
← BENTONVILLE REVITALIZATION INC

Form 990 for tax year 2025

Filed by BENTONVILLE REVITALIZATION INC.

Totals

Total revenue
$0
Total expenses
$8,541,923
Contributions and grants received
$0
Grants paid
$8,357,453
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$6,480,863
Total liabilities, end of year
$1,475
Net assets or fund balances, end of year
$6,479,388
Program services expenses (Part IX)
$8,526,620
Management and general expenses
$15,303
Fundraising expenses
$0
Program service expenses (Part III)
$8,526,620

Program services were 99.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8c · Net income from fundraising events

    total $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $8,357,453 · program services $8,357,453

  • 11a · Fees: management

    total $33,270 · program services $33,270

  • 11b · Fees: legal

    total $26,726 · program services $26,726

  • 11c · Fees: accounting

    total $15,303 · management and general $15,303

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $16,133 · program services $16,133

  • 22 · Depreciation, depletion and amortization

    total $35,640 · program services $35,640

  • 24a · Other expenses: LANDSCAPING

    total $57,398 · program services $57,398

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,493,798 · end of year $5,988,990

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $830,997

  • 10b · Land, buildings and equipment: accumulated depreciation

    $339,124

  • 10c · Land, buildings and equipment, net

    beginning of year $527,513 · end of year $491,873

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    end of year $1,475

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $15,021,311 · end of year $6,479,388

Mission and programs · 2025

Mission

BENTONVILLE REVITALIZATION, INC. (THE GANIZATION") EXISTS TO PROMOTE COMMUNITY DEVELOPMENT AND TO COMBAT COMMUNITY DETERIORATION IN DOWNTOWN BENTONVILLE, ARKANSAS. AMONG ITS ACTIVITIES, THE ORGANIZATION MAY (A) PURCHASE EMPTY OR VACATED PROPERTY LOTS IN THE DOWNTOWN BENTONVILLE AREA, (B) OVERSEE PREPARING/IMPROVING THE LOTS FOR RESALE OR DONATION (E.G., CLEARING THE LOTS OF ANY STRUCTURES OR DEBRIS), AND (C) DONATE THE LAND TO CHARITIES, OR RESELL THE LOTS FOR FAIR MARKET VALUE TO THIRD PARTY PURCHASERS, THAT HAVE INDICATED AN INTEREST IN DEVELOPING THE PROPERTY TO PROMOTE THE BUSINESS AND CIVIC INTERESTS OF BENTONVILLE.

Activities or mission (Part I)

SEE RESPONSE ON PART III, LINE 1 AND CONTINUED ON SCHEDULE O ATTACHED

  • The organization operates one level of a parking deck in downtown Bentonville that is open daily and free of charge for public parking.

    Expenses $76,000

  • FOR THE PURPOSE OF REVITALIZING THE DOWNTOWN BENTONVILLE AREA AND PROMOTING COMMUNITY DEVELOPMENT, THE ORGANIZATION MAKES GRANTS TO THE CITY OF BENTONVILLE AND CHARITABLE ORGANIZATIONS.

    Expenses $8,450,620 · Grants $8,357,453

As filed on the 2025 return.

Listed in Part VII

  • David Short

    DIRECTOR, PRESIDENT, TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Nancy Leake

    DIRECTOR, SECRETARY

    Total calculated
    $0
    Hours/week
    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.

Grants 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.

  • WPS2 FUND

    501(c)(4) · EDUCATION REFORM · DE

    Directly controlled by WPS2 TRUST

Provenance

Return type
form_990
Tax year
2025
Filed
13 July 2026
IRS schema version
2025v4.2
Source object
202621949349301662

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