Arkansas Association Of Development Organizations

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237425335 ✦ Lonoke, AR ✦ Designated as a 501(c)(3)

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Overview

What is Arkansas Association Of Development Organizations?

The Arkansas Association of Development Organizations, located in Lonoke, Arkansas, serves as a dedicated economic development organization. Their primary mission is to stimulate the economic growth of the state by fostering a conducive environment for development. Though the information provided is limited, it implies that they play an influential role in promoting economic prosperity within Arkansas.

Is Arkansas Association Of Development Organizations legitimate?

Arkansas Association Of Development Organizations is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Association Of Development Organizations submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Arkansas Association Of Development Organizations?

The Arkansas Association of Development Organizations, serving as an economic development organization, is committed to fostering the economic growth of Arkansas. Their mission is to actively promote and encourage economic development across the state. By doing so, they aim to contribute to the overall prosperity and improvement of Arkansas's economic landscape. Their activities and initiatives are geared towards encouraging and facilitating economic growth, ultimately benefiting the state as a whole.

What is the revenue of Arkansas Association Of Development Organizations?

Arkansas Association Of Development Organizations's revenue in 2024 was $118,806.

Who are the executives of Arkansas Association Of Development Organizations and what are their salaries?

Here are 8 key members and their salaries:


Renee Dycus (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sasha Grist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrecia Hargrove (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Larsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne Pratt (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Willis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Arkansas Association Of Development Organizations?

Arkansas Association Of Development Organizations's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Arkansas Association Of Development Organizations

Arkansas Association of Development Organizations, as an economic development organization, is committed to fostering the economic growth of Arkansas. Their mission, in simple terms, is to motivate and stimulate the economic development within the state. By encouraging economic development, this organization aims to contribute positively to the overall prosperity of Arkansas. This mission is a testament to their dedication towards enhancing the economic landscape of the state, ultimately benefiting its inhabitants.

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Impact




October, 2024

The Arkansas Association of Development Organizations (AADO) plays a significant role in fostering economic growth and community improvement throughout the state. By focusing on collaborative efforts among local governments and private sectors, AADO encourages strategic initiatives that drive economic development, create jobs, and enhance the overall quality of life for residents.

Through its mission, AADO actively supports various programs and projects aimed at revitalizing communities, attracting new businesses, and providing resources for local development efforts. This organization serves as a vital hub for information sharing, best practices, and networking opportunities, enabling stakeholders to work together in addressing economic challenges.

The impact of AADO is reflected in its ability to stimulate local economies, promote innovation, and empower communities to take charge of their development. Through hands-on assistance and advocacy, AADO champions policies and practices that lead to sustainable growth and meaningful improvements in the standard of living across Arkansas.




This information is meant to be a general summary of Arkansas Association Of Development Organizations. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$118,806 (2024)
Expenses
$83,288 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $6
  • Program Service Revenue: $118,800
  • Gross Receipts: $118,806

Assets and Liabilities:

  • Total Assets: $499,841
  • Total Liabilities: $195,175
  • Net Assets: $304,666

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT FROM EXEMPT ORG.

Revenue

$68,900

MEMBERSHIP DUES

Revenue

$49,400

SPONSORSHIP INCOME

Revenue

$500

Organization Details

Principal Officer

Rodney Larsen

NTEE Category

Code: S30 - Community improvement

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