Form 990 for tax year 2025
Filed by ARKANSAS ECOMONIC ACCELERATION FOUNDATION.
Totals
- Total revenue
- $776,199
- Total expenses
- $785,561
- Contributions and grants received
- $776,199
- Grants paid
- $153,575
- Program services expenses (Part IX)
- $722,304
- Management and general expenses
- $63,257
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $722,304
Program services were 91.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
SAM WALLS III
PRESIDENT
- Total calculated
- $480,074
- From this org
- $0
- From related orgs
- $428,465
- Other
- $51,609
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $278,465 related
- Bonus
- $0 + $150,000 related
- Other
- $0
- Deferred
- $0 + $35,000 related
- Nontaxable benefits
- $0 + $16,609 related
- Filer's total
- $0 + $480,074 related
-
LESLIE LANE
VICE PRESIDENT
- Total calculated
- $305,560
- From this org
- $0
- From related orgs
- $272,327
- Other
- $33,233
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $221,327 related
- Bonus
- $0 + $51,000 related
- Other
- $0
- Deferred
- $0 + $27,479 related
- Nontaxable benefits
- $0 + $5,754 related
- Filer's total
- $0 + $305,560 related
-
RUSH DEACON
TREASURER
- Total calculated
- $290,291
- From this org
- $0
- From related orgs
- $259,004
- Other
- $31,287
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $179,004 related
- Bonus
- $0 + $80,000 related
- Other
- $0
- Deferred
- $0 + $19,795 related
- Nontaxable benefits
- $0 + $11,492 related
- Filer's total
- $0 + $290,291 related
-
TIFFANY HENRY
SECRETARY
- Total calculated
- $117,738
- From this org
- $0
- From related orgs
- $112,131
- Other
- $5,607
- Hours/week
- 1 + 40 related
-
REBECCA TODD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
KATHLEEN LAWSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
SHAMIM OKOLLOH
DIRECTOR
- Total calculated
- $1,500
- From this org
- $0
- From related orgs
- $1,500
- Other
- $0
- Hours/week
- 0
-
EMILY MCELROY
DIRECTOR
- Total calculated
- $2,050
- From this org
- $0
- From related orgs
- $2,050
- Other
- $0
- Hours/week
- 0
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 — 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
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 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
- 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)
- PART I, LINE 3
- THE OFFICERS OF ACC CAPITAL FOUNDATION ARE PAID BY ACC CAPITAL, INC. COMPENSATION FOR EXECUTIVES AND KEY EMPLOYEES ARE DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS' COMPENSATION COMMITTEE. TO DETERMINE COMPENSATION, THE COMPENSATION COMMITTEE UTILIZES OUTSIDE ASSISTANCE FROM JER HR 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 THE 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
Provenance
- Return type
- form_990
- Tax year
- 2025
- IRS schema version
- 2025v4.2
- Source object
- 202622399349301807
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