Arkansas Capital Corporation
LITTLE ROCK, AR
Total revenue
$14.7M
Total expenses
$9.6M
Net assets
$23.2M
Grants received
$126K
2 grants
EIN
710312420
Tax year
2024
Mission
Acc capital is a private, nonprofit lending corporation empowering entrepreneurs nationally. The organization offers flexible capital solutions to meet the unique needs of entrepreneurs, small businesses, and economic and community development projects. Since 1957, acc capital has partnered with commercial banks, government agencies, and others at local, state, regional, and national levels to deploy over $2.34 billion in capital financing.
Programs
3 programs
Last year acc capital introduced its microloan program - a smaller lending service of $5,000 to $50,000; designed to support small businesses and entrepreneurs on their way to success. Focusing on arkansas and memphis, this program seeks to create new business opportunities through loans and technical assistance when businesses are overlooked by traditional lenders.
Acc capital formed pine state regional center as an arkansas limited liability company to sponsor qualified eb-5 projects that promote the expansion of the regional economy by increasing exports, household earning, productivity, and domestic capital - all with a particular emphasis on permanent job creation within pine state regional center's geographic footprint.
Acc capital formed heartland renaissance fund, llc for the purpose of operating as a "qualified community development entity" under the new market tax credit program in order to provide investment capital for low-income communities or low-income persons.
Financials
FY 2024
Revenue
Expenses
People
26 listed
SAM WALLS III
CEO
$452K
40 hrs/wk
LESLIE LANE
PRESIDENT
$375K
40 hrs/wk
SCOTT GARDNER
CFO
$110K
40 hrs/wk
DREW SPEED
CFO (JAN-SEPT)
$102K
40 hrs/wk
KEVIN BURNS
DIRECTOR
$3K
0BRYAN SCOGGINS
VICE CHAIRMAN
$3K
0CARROLL PENICK
CHAIRMAN
$2K
0VIRGIL L MLLER JR
DIRECTOR
$2K
0J RUSSELL GUERRA
DIRECTOR
$2K
0DAVID SHINDLER
DIRECTOR
$2K
0WILLIAM STAED
DIRECTOR
$2K
0LORRIE TROGDEN
DIRECTOR
$2K
0SHELLE RANDALL
DIRECTOR
$2K
0EMILY MCELROY
DIRECTOR
$2K
0KAREN MARINE
DIRECTOR
$2K
0ROBERT TED GAMMILL
DIRECTOR
$2K
0MARTHA MOORE
DIRECTOR
$2K
0SHAMIM OKOLLOH
DIRECTOR
$2K
0JEFF AMERINE
DIRECTOR
$2K
0JERRY BULLARD
DIRECTOR
$1K
0LAURA FINE
DIRECTOR
—
0SEBASTIAN STUBBE
MANAGING DIRECTOR
$909K
40 hrs/wk
RUSH B DEACON
SVP
$248K
40 hrs/wk
CRAIG CALAFATI
EVP
$203K
40 hrs/wk
BECKA WEBB
SECRETARY & TREASURER
$195K
40 hrs/wk
BERT KING
SVP
$179K
40 hrs/wk
Grants received
Showing 2 of 2
Funded by
$126K from 2 funders · 2 grants · 2021
$125K · 1 grant · 2021
$1K · 1 grant · 2021