Booneville Development Corporation
- Assets
- $48.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Booneville, AR
- Founding
- 09/2003
- Data as of
- 12/2022
- EIN
- 71-0747482
Organization Overview
Booneville Development Corporation is located in Booneville, AR. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Booneville Development Corporation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Booneville Development Corporation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Booneville Development Corporation generated $112.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $96.3k during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE BOONEVILLE THE TOWN AND ITS CITIZENS
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A CHAMBER OFFICE LOCALLY THAT GATHERS AND PROVDES IMPORTANT
THE BOONEVILLE MARATHON IS ANEVENT THAT DRAWS VISITORS TO OUR
CHAMBER BANQUET TO CELEBRAT PERSONS AND BUSINESSES IN THE TOWN AND TO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bret Cook President | 3 | $0 | |
Jennifer Berry Vice President | 3 | $0 | |
Ashlee Taylor Secretary | 3 | $0 | |
Dustin Garrett Treasurer | 3 | $0 | |
Ben Villarreal Director | 1 | $0 | |
Traci Tanner Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $64,508 |
| Membership dues | $47,707 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,238 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,843 |
| Professional fees and other payments to independent contractors | $1,969 |
| Occupancy, rent, utilities, and maintenance | $14,871 |
| Printing, publications, postage, and shipping | $2,120 |
| Other expenses | $27,459 |
| Total expenses | $96,262 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,380 |
| Other assets | $0 |
| Total assets | $48,823 |
| Total liabilities | $1,279 |
| Net assets or fund balances | $47,544 |