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Nonprofiteer
← ARKANSAS STATE CHAMBER OF COMMERCE

Form 990 for tax year 2023

Filed by ARKANSAS STATE CHAMBER OF COMMERCE.

Totals

Total revenue
$3,362,161
Total expenses
$3,395,361
Contributions and grants received
$2,314,486
Grants paid
$43,325
Program service revenue
$639,952
Investment income
$694
Other revenue
$407,029
Total assets, end of year
$1,388,414
Total liabilities, end of year
$746,705
Net assets or fund balances, end of year
$641,709
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$0

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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $2,206,579

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $107,907

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: SEMINARS/MEETINGS

    total $639,952 · related or exempt $639,952 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $694 · related or exempt $0 · unrelated business $0 · excluded $694

  • 4 · Income from investment of tax-exempt bond proceeds

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

  • 5 · Royalties

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

  • 6a · Gross rents

    real property $1,050

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $1,050 · personal property $0

  • 6d · Net rental income or loss

    total $1,050 · related or exempt $0 · unrelated business $0 · excluded $1,050

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

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

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

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

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

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

  • 11a · Other revenue: ADMINISTRATION FEES

    total $369,432 · related or exempt $0 · unrelated business $0 · excluded $369,432

  • 11b · Other revenue: REIMBURSEMENTS

    total $15,849 · related or exempt $0 · unrelated business $0 · excluded $15,849

  • 11c · Other revenue: PUBLICATION REVENUE

    total $12,720 · related or exempt $0 · unrelated business $0 · excluded $12,720

  • 11d · All other revenue

    total $7,978 · related or exempt $0 · unrelated business $0 · excluded $7,978

  • 11e · Other revenue, total

    $405,979

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $43,325

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $677,011

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,147,640

  • 8 · Pension plan contributions

    total $99,887

  • 9 · Other employee benefits

    total $156,745

  • 10 · Payroll taxes

    total $109,213

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $215,816

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $43,456

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $131,390

  • 13 · Office expenses

    total $150,238

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $117,049

  • 17 · Travel

    total $61,102

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $302,936

  • 20 · Interest

    total $3,874

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $87,561

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $39,686

  • 24b · Other expenses: MISCELLANEOUS

    total $8,432

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $680,273 · end of year $533,613

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 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

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

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

    $1,469,414

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

    $614,613

  • 10c · Land, buildings and equipment, net

    beginning of year $854,801 · end of year $854,801

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $39,535 · end of year $56,290

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $562,516 · end of year $562,516

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $258,114 · end of year $127,899

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $674,909 · end of year $641,709

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

SEE SCHEDULE O

Activities or mission (Part I)

THE MISSION OF THE ARKANSAS STATE CHAMBER OF COMMERCE IS TO CONTINUALLY ENHANCE THE ECONOMIC CLIMATE IN ARKANSAS.

  • PROVIDED LEADERSHIP TRAINING FOR LEADERSHIP ARKANSAS.

  • PROVIDE OPPORTUNITIES FOR SMALL BUSINESSES TO GAIN PROCUREMENT OPPORTUNITIES FROM GOVERNMENTS AND MAJOR COPORATIONS.

  • PROVIDE OPPORTUNITIES FOR THE MEMBERS TO MEET WITH CONGRESSIONAL DELEGATES IN WASHINGTON DC.

As filed on the 2023 return.

Listed in Part VII

  • ADAM MITCHELL

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • ANDY MILLER

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • CHRIS HART

    IMMEDIATE PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • CURTIS BARNETT

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • DEAN HOOVER

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • FRANK THOMAS

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • GARY HEAD

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • GEORGE WHEATLEY

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • GRADY E HARVELL

    PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • GREG WILLIAMS

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • JEFFREY WOOD

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • JOHN BURGESS

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • LARRY SHACKELFORD

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • LAURA LANDREAUX

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • LENORE TRAMMELL

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL J CALLAN

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL LINDSEY

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • NELSON PEACOCK

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • PATTY CARDIN

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • RAY DILLON

    PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • RAYMOND M BURNS

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • REGGIE ROSE

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • RONALD DEDMAN

    IMMEDIATE PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • STANLEY HILL

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • THOMAS DICKINSON

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • AARON HUCKABY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ADAM HENDERSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ADAM WHITE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • BEN NOBLE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • BILL WARD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • BLAIR ALLEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • BRAD CRAIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • BRAD HARVILLE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • BRADLEY HARDIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • BUDDY HASTEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CARLTON SAFFA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CARYL CHILLDRES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CHANDRA HOOKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CHRIS CHANDLER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CHRIS HARRIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CHRIS HEITZMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CLAY GORDON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • COLBY WELLS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CRAIG CLOUD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • DANIEL HEARD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • DARLENE BRUGNOLI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • DARYL BROWN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • DAVY CARTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • DEREK TURNER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • DON BOBBITT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • EDDIE LEE HERNDON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ELMER CHERRY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • GARY MCCHESNEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • GARY NEWTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • GEORGE HARGUESS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • GEORGE KNOLLMEYER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • GINA RADKE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • GORDON WILBOURN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • GREG THOMPSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • HAROLD JOHNSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • HASKELL DICKINSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • IVAN WILSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JAMES ADAMS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JENNIFER ANGLIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JERRY HOLDER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JESSICA BREAUX

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JIM CARR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JOE WILSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JOHN SCHAFFITZEL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JON WITHEROW

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JOSH CARSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • KEVIN MCKENZIE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • KRISTIN MERLO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • LARRY WILSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • LEN PITCOCK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • LORRIE TROGDEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MARVIN CHILDERS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MELISSA SMITH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL PARKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MIKE LYLES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MIKE MYERS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MIKE ROSS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • OSI IMOMOH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • REYNIE RUTLEDGE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • RICKEY LEDBETTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ROBERT GEORGE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • RON EKSTRAND

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • RON KEENETH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • SAM LYND

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • SAM SICARD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • SAM WALLS III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • SCOTTY BELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • SEBASTIEN DELTHEIL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • SHANNON SULLIVAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • SHERECE WEST

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • STEVE COLE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • STEVE EDWARDS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • STEVEN COLLIER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • SUSAN DAVENPORT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • TAMMY WATERS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • TRISH HENRY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • TROY WELLS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • VAN TILBURY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • WAYNE SMITH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • KENNETH HALL

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $211,662
    From this org
    $178,667
    From related orgs
    $0
    Other
    $32,995
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $171,667
    Bonus
    $7,000
    Other
    $0
    Deferred
    $10,300
    Nontaxable benefits
    $22,695
    Filer's total
    $211,662
  • RANDY ZOOK

    PRESIDENT/CEO

    Total calculated
    $465,349
    From this org
    $435,000
    From related orgs
    $0
    Other
    $30,349
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $305,000
    Bonus
    $130,000
    Other
    $0
    Deferred
    $19,800
    Nontaxable benefits
    $10,549
    Filer's total
    $465,349
  • ANDREW PARKER

    DIRECTOR OF GOV AFFAIRS

    Total calculated
    $168,046
    From this org
    $146,667
    From related orgs
    $0
    Other
    $21,379
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,667
    Bonus
    $20,000
    Other
    $0
    Deferred
    $7,600
    Nontaxable benefits
    $13,779
    Filer's total
    $168,046
  • CANDICE LAWRENCE

    VP OF PROGRAMS & PARTNERSHIPS

    Total calculated
    $139,801
    From this org
    $118,333
    From related orgs
    $0
    Other
    $21,468
    Hours/week
    40
  • FRANCIS M TURLEY

    VP OF MEMBERSHIP DEVELOPMENT

    Total calculated
    $270,484
    From this org
    $246,387
    From related orgs
    $0
    Other
    $24,097
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,887
    Bonus
    $7,500
    Other
    $0
    Deferred
    $14,333
    Nontaxable benefits
    $9,764
    Filer's total
    $270,484
  • TONI LINDSEY

    DIRECTOR OF GOV AFFAIRS

    Total calculated
    $116,911
    From this org
    $109,167
    From related orgs
    $0
    Other
    $7,744
    Hours/week
    40
  • WILLIAM WATSON

    MANAGER, EVENT SPONSORSHIP

    Total calculated
    $161,328
    From this org
    $141,506
    From related orgs
    $0
    Other
    $19,822
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,506
    Bonus
    $5,000
    Other
    $0
    Deferred
    $8,490
    Nontaxable benefits
    $11,332
    Filer's total
    $161,328

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

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Health or social club dues or initiation fees
KENNETH HALL HAS ACCESS TO THE ORGANIZATION'S COUNTRY CLUB MEMBERSHIP. NO PART OF THE MEMBERSHIP IS TREATED AS TAXABLE COMPENSATION BECAUSE ALL USE IS CONSIDERED BUSINESS USE. PERSONAL EXPENSES ARE PAID BY THE OFFICER TO THE CLUB.

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

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
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202423209349308237

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