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CONWAY DEVELOPMENT CORPORATION

EIN 71-0405994 CONWAY, AR

Revenue 2024
$2,436,864
Expenses 2024
$2,501,725

As filed

Subsection
06
Classification
2000
Street
900 OAK ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

9 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

ENHANCE INDUSTRY OPPORTUNITIES IN CONWAY, AR THROUGH ECONOMIC DEVELOPMENT

  • THE CONWAY DEVELOPMENT CORPORATION RESPONDED TO SITE SELECTION AND EXPANSION REQUESTS MONTHLY ON BEHALF OF THE CITY OF CONWAY AND FAULKNER COUNTY. THE CDC MANAGED ITS LAND PORTFOLIO AND ASSETS FOR THE BENEFITS OF THE COMMUNITY AND FUTURE ECONOMIC DEVELOPMENT OPPORTUNITIES. CDC STAFF REPRESENTED THE ORGANIZATION AND COMMUNITY IN A NUMBER OF SETTINGS FACILITATING ECONOMIC GROWTH FOR CONWAY AREA RESIDENTS.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Brad Lacy

    SECRETARY/TREASURER

    Total calculated
    $328,250
    From this org
    $320,811
    From related orgs
    $0
    Other
    $7,439
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $210,043
    Bonus
    $107,500
    Other
    $3,268
    Deferred
    $0
    Nontaxable benefits
    $7,439
    Filer's total
    $328,250
  • John-Lewis J Gates

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $248,201
    From this org
    $240,762
    From related orgs
    $0
    Other
    $7,439
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,880
    Bonus
    $69,000
    Other
    $882
    Deferred
    $0
    Nontaxable benefits
    $7,439
    Filer's total
    $248,201
  • Laura Grimes

    CHIEF FINANCIAL OFFICER

    Total calculated
    $168,342
    From this org
    $160,903
    From related orgs
    $0
    Other
    $7,439
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,687
    Bonus
    $32,000
    Other
    $2,216
    Deferred
    $0
    Nontaxable benefits
    $7,439
    Filer's total
    $168,342
  • Corey Parks

    CHIEF ECONOMIC DEVELOPMENT OFFICER

    Total calculated
    $162,797
    From this org
    $155,358
    From related orgs
    $0
    Other
    $7,439
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,633
    Bonus
    $28,000
    Other
    $2,725
    Deferred
    $0
    Nontaxable benefits
    $7,439
    Filer's total
    $162,797
  • Bill Adkisson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • Jerry Adams

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    10
  • Brad Hegeman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Bret Carroll

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Bunny Adcock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Dr Houston Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Drew Gainor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Eddie Glover

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Bart Castleberry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Jeff Standridge

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Jim Rankin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Johnny Adams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Karen Garrett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Mark Ferguson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Mary Ward

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Ronnie Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Scotty Bell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $2,436,864
    Expenses
    $2,501,725
    Contributions
    $118,000
    Grants paid
    $0
  • 2023
    Revenue
    $11,009,680
    Expenses
    $6,857,882
    Contributions
    $111,000
    Grants paid
    $0
  • 2022
    Revenue
    $1,694,578
    Expenses
    $1,975,754
    Contributions
    $108,000
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $2,618,276
    Expenses
    $2,184,624
    Assets (EOY)
    $35,111,727
  • 2020 · 990

    Revenue
    $1,134,130
    Expenses
    $1,845,568
    Assets (EOY)
    $35,653,244
  • 2019 · 990

    Revenue
    $1,228,312
    Expenses
    $1,747,066
    Assets (EOY)
    $36,733,040
  • 2018 · 990

    Revenue
    $3,040,892
    Expenses
    $2,359,373
    Assets (EOY)
    $37,570,091
  • 2017 · 990

    Revenue
    $1,234,517
    Expenses
    $1,446,262
    Assets (EOY)
    $38,617,092
  • 2016 · 990

    Revenue
    $2,705,283
    Expenses
    $1,975,350
    Assets (EOY)
    $33,353,234
  • 2015 · 990

    Revenue
    $1,066,819
    Expenses
    $1,385,807
    Assets (EOY)
    $33,560,492
  • 2014 · 990

    Revenue
    $1,020,720
    Expenses
    $1,278,652
    Assets (EOY)
    $34,009,679
  • 2013 · 990

    Revenue
    $1,326,671
    Expenses
    $1,456,568
    Assets (EOY)
    $34,612,412
  • 2011 · 990

    Revenue
    not reported
    Expenses
    $2,404,290
    Assets (EOY)
    $35,789,544

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.