North Central Arkansas Chamber Foundation
- Assets
- $525.2k
- Revenue
- $109.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain Home, AR
- Founding
- 02/2014
- Data as of
- 06/2022
- EIN
- 80-0889180
Organization Overview
North Central Arkansas Chamber Foundation is located in Mountain Home, AR. The organization was established in 2014. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Central Arkansas Chamber Foundation 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 06/2022, North Central Arkansas Chamber Foundation generated $109.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $38.7k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE REGION'S ECONOMIC VITALITY AND WELL-BEING, ALONG WITH THE COMMUNITY'S QUALITY OF LIFE BY FOSTERING INNOVATION AND CREATIVITY IN FUTURE ECONOMIC DEVELOPMENT PLANS AND PROGRAMS; ENGAGING RETIREES IN THE COMMUNITY DEVELOPMENT; PROVIDING NETWORKING OPPORTUNITIES FOR ORGANIZATIONS, BUSINESSES AND INDIVIDUALS; PROMOTING GREEN DEVELOPMENT AND RECYCLING; AND ENCOURAGING STEWARDSHIP OF OUR NATURAL RESOURCES AMONG ALL AREA CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT THE REGION'S ECONOMIC VITALITY AND WELL-BEING, ALONG WITH THE COMMUNITY'S QUALITY OF LIFE BY FOSTERING INNOVATION AND CREATIVITY IN FUTURE ECONOMIC DEVELOPMENT PLANS AND PROGRAMS; ENGAGING RETIREES IN THE COMMUNITY DEVELOPMENT; PROVIDING NETWORKING OPPORTUNITIES FOR ORGANIZATIONS, BUSINESSES AND INDIVIDUALS; PROMOTING GREEN DEVELOPMENT AND RECYCLING; AND ENCOURAGING STEWARDSHIP OF OUR NATURAL RESOURCES AMONG ALL AREA CITIZENS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tami Barrow Secretary | OfficerTrustee | 2 | $0 |
Jennifer Crawford President | OfficerTrustee | 2 | $0 |
Shelly Hill Treasurer | OfficerTrustee | 2 | $0 |
Allen Moore Ex-Officio | OfficerTrustee | 2 | $0 |
Russell Tucker Vice Preside | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $109,511 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,511 |
| Total Program Service Revenue | $0 |
| 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 | $109,511 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,125 |
| 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 | $79 |
| Information technology | $6,473 |
| Royalties | $0 |
| Occupancy | $8,009 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,874 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,359 |
| Insurance | $1,776 |
| All other expenses | $0 |
| Total functional expenses | $38,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,694 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $496,234 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $250 |
| Total assets | $525,178 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $78,233 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $78,233 |
| Net assets without donor restrictions | $6,482 |
| Net assets with donor restrictions | $440,463 |
| 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 | $525,178 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that North Central Arkansas Chamber Foundation has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
Baxter County Regional Hospital Inc Mountain Home, AR PURPOSE: GENERAL SUPPORT | $35,000 |
Arvest Foundation Bentonville, AR PURPOSE: TO HELP UPGRADE TECHNOLOGY TO HELP SUPPORT AND PROMOTE LOCAL BUSINESSES THROUGH THE EFFORTS OF THE CHAMBER. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Launch Global Richardson, TX | $5,975,467 | $10,354,602 |
Rural Capital Area Workforce Development Board Inc Cedar Park, TX | $3,449,616 | $9,394,999 |
Project Quest Inc San Antonio, TX | $2,369,598 | $9,372,995 |
Texas Educational Foundation Inc San Antonio, TX | $1,129,254 | $386,993 |
Gulf Coast Carpenters & Millwrights Training Trust Fund Austin, TX | $15,423,241 | $7,036,287 |
Operating Engineers Local 101 Vacation Fund Program Kansas City, MO | $980,403 | $4,925,526 |
Operating Engineers Local 513 Journeymen & Appren Training Fund Silex, MO | $12,590,709 | $5,420,076 |
Labfour Career Training Institute Memphis, TN | $0 | $5,875,670 |
Employment Resources Inc Tulsa, OK | $2,608,990 | $4,335,874 |
C L C Inc Fort Worth, TX | $2,716,562 | $3,129,165 |
Workforce Development Board Of Southeast Missouri Cape Girardeau, MO | $173,744 | $2,794,475 |
Developing Potential Inc Lees Summit, MO | $7,804,514 | $4,131,831 |