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← ARKANSAS ECONOMIC DEVELOPERS AND CHAMBER EXECUTIVES

Form 990 for tax year 2024

Filed by ARKANSAS ECONOMIC DEVELOPERS AND CHAMBER EXECUTIVES.

Totals

Total revenue
$264,199
Total expenses
$170,740
Contributions and grants received
$184,403
Grants paid
$0
Program service revenue
$72,342
Investment income
$3,854
Other revenue
$3,600
Total assets, end of year
$525,772
Total liabilities, end of year
$5,423
Net assets or fund balances, end of year
$520,349
Program services expenses (Part IX)
$159,010
Management and general expenses
$11,730
Fundraising expenses
$0
Program service expenses (Part III)
$159,010

Program services were 93.1% 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.

  • 1b · Membership dues

    $85,203

  • 1f · All other contributions, gifts and grants

    $99,200

  • 2a · Program service revenue: PROGRAM SERVICE REVENU

    total $72,342 · related or exempt $72,342

  • 3 · Investment income

    total $3,854 · excluded $3,854

  • 11a · Other revenue: OTHER REVENUE

    total $3,600 · related or exempt $3,600

  • 11e · Other revenue, total

    $3,600

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $84,011 · program services $84,011

  • 11c · Fees: accounting

    total $3,998 · management and general $3,998

  • 12 · Advertising and promotion

    total $4,055 · program services $4,055

  • 13 · Office expenses

    total $6,728 · management and general $6,728

  • 16 · Occupancy

    total $68,333 · program services $68,333

  • 17 · Travel

    total $2,611 · program services $2,611

  • 24a · Other expenses: BOARD EXPENSES

    total $1,004 · management and general $1,004

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $188,950 · end of year $278,555

  • 2 · Savings and temporary cash investments

    beginning of year $243,363 · end of year $247,217

  • 25 · Other liabilities

    beginning of year $5,423 · end of year $5,423

  • 27 · Net assets without donor restrictions

    beginning of year $426,890 · end of year $520,349

Mission and programs · 2024

Mission

EDUCATION AND PROFESSIONAL DEVELOPMENT OF THE MEMBERS OF THE ORGANIZATION.

  • EDUCATION AND PROFESSIONAL DEVELOPMENT OF THE MEMBERS OF THE ORGANIZATION.

    Expenses $159,010

As filed on the 2024 return.

Listed in Part VII

  • GARY TROUTMAN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • STEVE COX

    1ST VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • JULIE ALLEN

    2ND VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • ALLISON HESTAND

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2
  • STEVEN LAMM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ALICIA PAYSENO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • COLLEEN BAILEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • LEO CUMMINGS III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JAMES BELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ANITA BRACKIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ASHLEE VAUGHAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • TONYA FLETCHER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • LOGAN MOLOCK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • BENTLEY STORY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • RANDY ZOOK

    EX-OFFICIO BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CLINT O'NEAL

    EX-OFFICIO BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JACK THOMAS

    EX-OFFICIO BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • NANCY LEE MCNEW

    EX-OFFICIO BOARD MEMBER -

    Total calculated
    $0
    Hours/week
    1
  • CANDICE LAWRENCE

    EXECUTIVE SECRETARY/DIRECT

    Total calculated
    $129,167
    From this org
    $0
    From related orgs
    $129,167
    Other
    $0
    Hours/week
    30

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

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
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202523219349308142

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