NonprofitsEast Arkansas Business Development Council Inc

East Arkansas Business Development Council Inc

JONESBORO, AR

Total revenue

$185K

Total expenses

$828K

Net assets

$3.5M

Grants received

$567K

13 grants

EIN

710655498

Tax year

2024

Mission

To assist in the development of business in the eastern arkansas area

Programs

1 program

Educational training division - approximately 12 local industries participate in retraining their existing workforces through classes.

Expenses: $52K

Financials

FY 2024

Revenue

Contributions & grants$118K
Program service revenue$2K
Investment income$65K
Other revenue
Total revenue$185K

Expenses

Grants paid$52K
Salaries & benefits$402K
Fundraising
Other expenses$374K
Total expenses$828K
Total assets$3.7M
Net assets$3.5M

People

9 listed

NameRoleCompensation

CHRIS BARBER

CHAIRMAN

Board

0

RODGER HURT

VICE CHAIRMAN

Board

0

BRAD EDWARDS

TREASURER

Board

0

MURRAY BENTON

BOARD

Board

0

ALAN MORSE

BOARD

Board

0

MARK YOUNG

BOARD

Board

0

JAMES BEST

BOARD

Board

0

TONY SUPINE

BOARD

Board

0

DAVID PEACOCK

SECRETARY

Board

0

Grants received

Showing 13 of 13

FromAmountPurposeYear
$10K
To support the economic development initiatives of Jonesboro Unlimited.
2024
$50K
FOR ASU ENGINEERING LAB SUPPORT
2023
$20K
TO SUPPORT THE EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL - EDUCATION DIVISION
2023
$18K
GENERAL SUPPORT
2023
$20K
GENERAL SUPPORT
2022
$20K
GENERAL SUPPORT
2021
$330K
ECONOMIC GROWTH
2020
$14K
IT MEDICAL EDUCATION FUND
2020
$20K
TO SUPPORT THE EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL - EDUCATION DIVISION
2018
$20K
TO SUPPORT THE EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL - EDUCATION DIVISION
2018

Funded by

$567K from 4 funders · 13 grants · 2017–2024

St Bernards Hospital Inc

$330K · 1 grant · 2020

Baptist Memorial Hospital-

$117K · 7 grants · 2017–2023

Arkansas Community Foundation Inc

$110K · 4 grants · 2018–2023

Arvest Foundation

$10K · 1 grant · 2024

Details

EIN710655498
Subsection03
Ruling date1990-01
Formed1987
Employees5
Volunteers27
EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC — Mission, Financials & Grants Received | Grantivo