Form 990 for tax year 2023
Filed by ARKANSAS CAPITAL RELENDING CORP.
Totals
- Total revenue
- $5,677
- Total expenses
- $3,602
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- not reported
- Investment income
- not reported
- Other revenue
- not reported
- Total assets, end of year
- not reported
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- not reported
- Program services expenses (Part IX)
- $3,167
- Management and general expenses
- $435
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,167
Program services were 87.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
SAM WALLS III
CEO
- Total calculated
- $344,321
- From this org
- $0
- From related orgs
- $297,627
- Other
- $46,694
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $237,627 related
- Bonus
- $0 + $60,000 related
- Other
- $0
- Deferred
- $0 + $30,510 related
- Nontaxable benefits
- $0 + $16,184 related
- Filer's total
- $0 + $344,321 related
-
KEVIN BURNS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0
-
CARROLL PENICK
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0
-
VIRGIL MILLER JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
WILLIAM STAED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
JEFF AMERINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
DAVID SHINDLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
JERRY BULLARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
MARTHA MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
KAREN MARINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
BRYAN SCOGGINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
J RUSSELL GUERRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
LAURA FINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
ROBERT GAMMILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
EMILY MCELROY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
SHELLE RANDALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
LORRIE TROGDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
SHAMIM OKOLLOH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
LESLIE LANE
PRESIDENT
- Total calculated
- $298,193
- From this org
- $0
- From related orgs
- $265,744
- Other
- $32,449
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $193,744 related
- Bonus
- $0 + $72,000 related
- Other
- $0
- Deferred
- $0 + $26,816 related
- Nontaxable benefits
- $0 + $5,633 related
- Filer's total
- $0 + $298,193 related
-
RUSH DEACON
SVP
- Total calculated
- $236,100
- From this org
- $0
- From related orgs
- $208,384
- Other
- $27,716
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $158,384 related
- Bonus
- $0 + $50,000 related
- Other
- $0
- Deferred
- $0 + $16,005 related
- Nontaxable benefits
- $0 + $11,711 related
- Filer's total
- $0 + $236,100 related
-
BERT KING
SVP
- Total calculated
- $198,089
- From this org
- $0
- From related orgs
- $167,247
- Other
- $30,842
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $155,247 related
- Bonus
- $0 + $12,000 related
- Other
- $0
- Deferred
- $0 + $14,656 related
- Nontaxable benefits
- $0 + $16,186 related
- Filer's total
- $0 + $198,089 related
-
SANDRA HAIRSTON
EVP - SEC/TREAS
- Total calculated
- $159,297
- From this org
- $0
- From related orgs
- $133,776
- Other
- $25,521
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $121,776 related
- Bonus
- $0 + $12,000 related
- Other
- $0
- Deferred
- $0 + $13,810 related
- Nontaxable benefits
- $0 + $11,711 related
- Filer's total
- $0 + $159,297 related
-
CRAIG CALAFATI
EVP
- Total calculated
- $208,611
- From this org
- $0
- From related orgs
- $183,058
- Other
- $25,553
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $163,058 related
- Bonus
- $0 + $20,000 related
- Other
- $0
- Deferred
- $0 + $9,497 related
- Nontaxable benefits
- $0 + $16,056 related
- Filer's total
- $0 + $208,611 related
-
ANDREW SPEED
CFO
- Total calculated
- $139,769
- From this org
- $0
- From related orgs
- $121,755
- Other
- $18,014
- Hours/week
- 1 + 40 related
-
JASON GOBER
VP
- Total calculated
- $135,379
- From this org
- $0
- From related orgs
- $110,730
- Other
- $24,649
- Hours/week
- 1 + 40 related
-
BECKA WEBB
ASST. SEC-TREASURER
- Total calculated
- $135,916
- From this org
- $0
- From related orgs
- $126,482
- Other
- $9,434
- Hours/week
- 1 + 40 related
-
LANA WALDRON
VP
- Total calculated
- $111,826
- From this org
- $0
- From related orgs
- $101,055
- Other
- $10,771
- Hours/week
- 1 + 40 related
-
LA'TWAN CHEATHAM
VP
- Total calculated
- $118,011
- From this org
- $0
- From related orgs
- $105,323
- Other
- $12,688
- Hours/week
- 1 + 40 related
-
MICHELLE CHEN
VP
- Total calculated
- $121,089
- From this org
- $0
- From related orgs
- $110,263
- Other
- $10,826
- Hours/week
- 1 + 40 related
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
The filer's explanations (Part III)
- PART I, LINE 3 - RELATED ORG METHODS USED FOR COMPENSATION EXPLANATION
- THE OFFICERS OF ARKANSAS CAPITAL RELENDING CORPORATION ARE PAID BY ARKANSAS CAPITAL CORPORATION (ACC) AND ARE ALSO BOARD MEMBERS OF ACC. COMPENSATION FOR EXECUTIVES AND KEY EMPLOYEES IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS' COMPENSATION COMMITTEE. TO DETERMINE COMPENSATION, THE COMPENSATION COMMITTEE UTILIZES OUTSIDE ASSISTANCE FROM THE JOHNSON GROUP, AN INDEPENDENT, PROFESSIONAL COMPANY THAT SPECIALIZES IN COMPENSATION SURVEYS AND RECOMMENDATIONS FOR AMERICAN COMPANIES. THE COMPENSATION ACTUALLY PAID TO OFFICERS AND KEY EMPLOYEES IS WITHIN GUIDELINES RECOMMENDED BY THE OUTSIDE CONSULTANT.
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.
-
501(C)(6) · LENDING · AR
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
RELATED · EB-5 · AR · 0.01% owned · share of income $189 · share of assets $344 · general or managing partner
-
RELATED · ECON DEV · AR · 0.01% owned · share of income -$23 · share of assets $35
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349303450
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.