Skip to content
Nonprofiteer
← CHAMBER OF COMMERCE LITTLE ROCK

Form 990 for tax year 2023

Filed by CHAMBER OF COMMERCE LITTLE ROCK.

Totals

Total revenue
$4,092,767
Total expenses
$4,249,764
Contributions and grants received
$565,063
Grants paid
$0
Program service revenue
$3,237,436
Investment income
$18,779
Other revenue
$271,489
Total assets, end of year
$1,661,037
Total liabilities, end of year
$330,257
Net assets or fund balances, end of year
$1,330,780
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 1e · Government grants (contributions)

    $450,000

  • 1f · All other contributions, gifts and grants

    $115,063

  • 1g · Noncash contributions included above

    $115,063

  • 2a · Program service revenue: ECONOMIC DEVELOPMENT

    total $1,595,458 · related or exempt $1,595,458

  • 2b · Program service revenue: GENERAL MEMBERSHIP DUE

    total $1,106,713 · related or exempt $1,106,713

  • 2c · Program service revenue: MEETING INCOME

    total $535,265 · related or exempt $535,265

  • 3 · Investment income

    total $18,779 · excluded $18,779

  • 11a · Other revenue: LRRCC REVENUE

    total $271,489 · related or exempt $271,489

  • 11e · Other revenue, total

    $271,489

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $819,375

  • 7 · Other salaries and wages

    total $491,171

  • 9 · Other employee benefits

    total $111,426

  • 10 · Payroll taxes

    total $158,649

  • 11c · Fees: accounting

    total $28,416

  • 11g · Fees: other

    total $159,937

  • 12 · Advertising and promotion

    total $41,023

  • 13 · Office expenses

    total $130,353

  • 16 · Occupancy

    total $115,063

  • 17 · Travel

    total $48,173

  • 19 · Conferences, conventions and meetings

    total $922,362

  • 20 · Interest

    total $308

  • 22 · Depreciation, depletion and amortization

    total $51,138

  • 23 · Insurance

    total $120,243

  • 24a · Other expenses: OTHER EXPENSES

    total $588,752

  • 24b · Other expenses: GOVERNMENTAL AFFAIRS

    total $208,621

  • 24c · Other expenses: PROGRAMS AND MEMBERSHIP

    total $127,164

  • 24d · Other expenses: COMMUNITY DEVELOPMENT

    total $81,252

  • 24e · All other expenses

    total $46,338

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $971,994 · end of year $992,413

  • 2 · Savings and temporary cash investments

    beginning of year $293,198 · end of year $302,004

  • 4 · Accounts receivable

    beginning of year $243,534 · end of year $58,154

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

    $891,429

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

    $582,963

  • 10c · Land, buildings and equipment, net

    beginning of year $361,117 · end of year $308,466

  • 17 · Accounts payable and accrued expenses

    beginning of year $178,255 · end of year $86,916

  • 19 · Deferred revenue

    beginning of year $196,812 · end of year $243,341

  • 24 · Unsecured notes and loans payable

    beginning of year $6,999

  • 27 · Net assets without donor restrictions

    beginning of year $1,487,777 · end of year $1,330,780

Mission and programs · 2023

Mission

TO FOSTER ECONOMIC GROWTH AND DEVELOPMENT IN CENTRAL ARKANSAS.

Activities or mission (Part I)

TO FOSTER ECONOMIC GROWTH AND DEVELOPMENT IN CENTRAL ARKANSAS

  • ASSUME THE RESPONSIBILITY OF FOSTERING THE ECONOMIC GROWTH AND DEVELOPMENT OF CENTRAL ARKANSAS TO ENSURE THAT BUSINESS & INDUSTRY MAY OPERATE PROFITABLY; TO ENHANCE THE EARNING OPPORTUNITIES & QUALITY OF LIFE FOR ALL CITIZENS IN THE REGION

As filed on the 2023 return.

Listed in Part VII

  • Nat Lea

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Jim Cargill III

    IMMEDIATE PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • Robin J Miller

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • David Surguine

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Laura Landreaux

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Lisa Ferrell

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Patrick Schueck

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Daryl Brown

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Ruth Whitney JD

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Gordan Silaski

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Anthony Brooks

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Virgil Dexter Doyne

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Ronnie Dedman

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • John Burgess

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Cathy Tuggle

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • John A Riggs

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Kevin Crass

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Robin Connell

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Barbara Sugg

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    2
  • Dr Summer Deprow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Roderick Smothers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Calvin McFadden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Jerome Green

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Christina Drale

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Charles McNulty

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Cam Patterson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Jermall Wright

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Col Damon M Knarr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Curtis Barnett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Col Denny Davies

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Gabe Holmstron

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Chris White

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Chris Heitzmann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Chelsea Boozer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Carlton Saffa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Carlos I Giralt-Cabrrales

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • C Sam Walls III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Bryan Malinowski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Bryan Day

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Bobby Gosser

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Bobby Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Anika C Dixon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Drew Tessier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Hunter Bale

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Gina Gemberling

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Gregorio Ramon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Will Ford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Wes Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tiffany Wilkerson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tad Bohannon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Susan Desselle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Scot Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Ron Witherspoon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Rodney Abston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Rob Strickland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Mike Halter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Michele Beasley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Mary Parham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Marcy Doderer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kristin Merlo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Julie McCallister

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • John Harris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jim Keet

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jessica Flake Dearnley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jay Meador

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Hon Terry Hartwick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Hon Frank Scott Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Hon Barry Hyde

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Heather Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Gregory Pilewski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Andre Webster

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Troy Wells

    CHAIRMAN ELECT

    Total calculated
    $0
    Hours/week
    2
  • Rajesh Chokhani

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • Jay Chesshir

    PRESIDENT & CEO

    Total calculated
    $425,607
    From this org
    $365,636
    From related orgs
    $0
    Other
    $59,971
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $306,636
    Bonus
    $50,000
    Other
    $9,000
    Deferred
    $36,300
    Nontaxable benefits
    $23,671
    Filer's total
    $425,607
  • Lewis B O'Mell

    KEY EMPLOYEE

    Total calculated
    $140,999
    From this org
    $120,719
    From related orgs
    $0
    Other
    $20,280
    Hours/week
    40
  • John Thomas

    KEY EMPLOYEE

    Total calculated
    $199,040
    From this org
    $174,002
    From related orgs
    $0
    Other
    $25,038
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $134,169
    Bonus
    $25,000
    Other
    $14,833
    Deferred
    $10,695
    Nontaxable benefits
    $14,343
    Filer's total
    $199,040
  • Markous Jewett

    KEY EMPLOYEE

    Total calculated
    $186,844
    From this org
    $159,018
    From related orgs
    $0
    Other
    $27,826
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,018
    Bonus
    $10,000
    Other
    $9,000
    Deferred
    $7,829
    Nontaxable benefits
    $19,997
    Filer's total
    $186,844

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

  • 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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
9 May 2024
IRS schema version
2023v5.0
Source object
202401349349307850

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.