Arkansas Land And Farm Development Corp
- Assets
- $1.9m
- Revenue
- $405.8k
- Investments
- $0.0
- Employees
- 10
- Location
- Brinkley, AR
- Founding
- 04/1981
- Data as of
- 09/2021
- EIN
- 71-0542195
Organization Overview
Arkansas Land And Farm Development Corp is located in Brinkley, AR. The organization was established in 1981. As of 09/2021, Arkansas Land And Farm Development Corp employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Land And Farm Development Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Arkansas Land And Farm Development Corp generated $405.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $433.0k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES TRAINING AND SERVICE ASSISTANCE TO FARM DEVELOPMENT, COMMUNITY EDUCATION PROGRAMS, LAND RETENTION, PROGRAM MANAGEMENT, HOUSING, RURAL AND COMMUNITY DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGRICULTURAL-LAND PRESERVATION
YOUTH TRAINING
HOUSING
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rubye Johnson Director | OfficerTrustee | $0 | |
Evette Browning Director | OfficerTrustee | $0 | |
Elmer Beard Director | Trustee | $0 | |
Brian Cornelius Chairman | Trustee | $0 | |
Evelyn Bryant Secretary | Trustee | $0 | |
Corey Farmer Vice Chairma | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,775 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,775 |
| Total Program Service Revenue | $353,745 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $405,770 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,341 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,154 |
| Payroll taxes | $2,456 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $78,706 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,210 |
| Travel | $1,770 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $73,258 |
| Insurance | $63,277 |
| All other expenses | $13,590 |
| Total functional expenses | $432,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,097 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $482,449 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,263,265 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,862,811 |
| Accounts payable and accrued expenses | $17,690 |
| Grants payable | $441,728 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $2,011,913 |
| Other liabilities | $52,321 |
| Total liabilities | $2,523,652 |
| Net assets without donor restrictions | -$660,841 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,862,811 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arkansas Land And Farm Development Corp has recieved totaling $9,350.
| Awarding Organization | Amount |
|---|---|
Farm Aid Inc Cambridge, MA PURPOSE: HELPING FARMERS THRIVE | $9,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Regional Food Bank Of Oklahoma Oklahoma City, OK | $36,553,416 | $95,465,627 |
Feed More Inc Richmond, VA | $45,221,610 | $83,224,269 |
Second Harvest Food Bank Of Northwest North Carolina Inc Winston Salem, NC | $40,643,437 | $84,978,237 |
Arkansas Foodbank Little Rock, AR | $47,278,438 | $77,056,915 |
Gods Pantry Food Bank Inc Lexington, KY | $29,295,834 | $63,304,764 |
Mississippi Food Network Inc Jackson, MS | $23,144,263 | $77,392,396 |
Community Food Bank Of Eastern Oklahoma Inc Tulsa, OK | $69,259,421 | $97,549,817 |
Montgomery Area Food Bank Inc Montgomery, AL | $21,621,044 | $72,895,777 |
Blue Ridge Area Food Bank Inc Verona, VA | $30,715,187 | $59,706,112 |
Iowa Farm Bureau Federation West Des Moines, IA | $1,514,260,280 | $86,995,533 |
Care And Share Inc Colorado Springs, CO | $21,708,396 | $54,268,690 |
Food Bank Of The Rio Grande Valley Inc McAllen, TX | $25,577,096 | $58,037,752 |