Little Rock Workforce Development Board

Organization Overview

Little Rock Workforce Development Board is located in Little Rock, AR. The organization was established in 2002. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Little Rock Workforce Development Board employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Little Rock Workforce Development Board 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, Little Rock Workforce Development Board generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 11.8% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS RESPONSIBLE FOR ADMINISTERING AN INTEGRATED WORKFORCE DEVELOPMENT SYSTEM, INCLUDING TRAINING, EMPLOYMENT, & EMPLOYMENT-RELATED EDUCATIONAL PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION IS RESPONSIBLE FOR ADMINISTERING AN INTEGRATED WORKFORCE DEVELOPMENT SYSTEM, INCLUDING JOB TRAINING, EMPLOYMENT, AND EMPLOYMENT-RELATED EDUCATIONAL PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Wj Monagle
Executive Director
$77,991
Shannon Rast
Office Manager
$61,142
Jo Keegan
Member
$0
Bryan Day
Chairman
$0
Kathy Fulks
Secretary/treasurer
$0
Mark Bremer
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,192,579
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$3,192,579
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 $3,192,579

Peer Organizations

Organization NameAssets
Black River Area Development Corporation
Pocahontas, AR
$11,912,331
Rural Enterprises Of Oklahoma Inc
Durant, OK
$6,534,518
Central Oklahoma Economic Development District
Shawnee, OK
$5,906,012
Missouri Incutech Foundation
Rolla, MO
$4,537,563
Coordinating & Development Corp Louisiana Inc
Bossier City, LA
$4,121,175
Little Rock Workforce Development Board
Little Rock, AR
$3,192,579
Western Arkansas Planning And
Fort Smith, AR
$2,503,780
Forge Financing Ozark Rural Growth And Economy
Huntsville, AR
$2,241,893
Southern Mutual Help Association Inc
New Iberia, LA
$814,351
Centro Por La Justicia
San Antonio, TX
$1,435,252
Urban Partnerships Community Development Corporation
Pearland, TX
$1,230,897
Northeast Missouri Regional Planning Commission
Memphis, MO
$562,360
Texas Rural Funders
Austin, TX
$511,710
Upper Cumberland Entrepreneurial Foundation
Cookeville, TN
$526,502
Mississippi Hills Heritage Area Alliance Inc
University, MS
$543,235
North East Texas Economic Development District Inc
Texarkana, TX
$615,945
Native Agriculture Financial Services
Fayetteville, AR
$12,158,628
Texas Rural Communities Inc
Buda, TX
$421,076
Northeast Louisiana Economic Alliance
Monroe, LA
$375,937
Center For Community Transformation Inc
Wewoka, OK
$0
Mississippi Economic Growth Alliance And Point Of Presence
Tupelo, MS
$70,946
Dixie Business Development Center Inc
Denham Springs, LA
$298,587
Northeast Educational Development Foundation
Oak Grove, LA
$176,277
Association Of Rural Communities In Texas
Austin, TX
$200,503
River Parishes Communitydevelopment Corporation
Norco, LA
$441

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