Overview
What is Arkansas Land And Community Development Corporation?
Arkansas Land and Community Development Corporation, situated in Brinkley, Arkansas, is a nonprofit organization committed to promoting agricultural, economic development, conservation, and educational programs within the state. Their primary mission involves providing housing, youth, and resource conservation, as well as community and economic development programs. With a team of 25 dedicated individuals, they strive to enhance the livelihood of Arkansas communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Star rating)
Arkansas Land And Community Development Corporation has received a low rating of 52% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization has achieved full points for having a majority of independent board members and for maintaining proper minutes of board meetings, it falls short in several key areas, particularly in financial transparency and governance policies.
The organization scored zero points in critical areas such as financial statements, conflict of interest policy, and whistleblower policy, which raises concerns about its operational integrity and governance practices. Furthermore, the lack of a posted tax form on the nonprofit's website and insufficient documentation retention policies points to a need for improvement in transparency and compliance with regulatory standards.
Despite these weaknesses, the organization does allocate 100% of its expenses towards programs, indicating a focus on its mission-related activities. However, the overall lack of robust financial practices and accountability measures suggests that potential donors should exercise caution and seek more information before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Land And Community Development Corporation legitimate?
Arkansas Land And Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Land And Community Development Corporation submitted a form 990, 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: $419,684
For more financial information, click here
What is the mission statement of Arkansas Land And Community Development Corporation?
Arkansas Land and Community Development Corporation's mission revolves around providing various programs aimed at housing, youth, resource conservation, and community and economic development. Their primary objective is to promote agricultural and economic development, as well as conservation initiatives, while offering training programs in Arkansas. The corporation strives to contribute to these areas, thereby fostering a comprehensive development in the community.
Who is the CEO of Arkansas Land And Community Development Corporation?
Brian Cornelius is the Chairman of Arkansas Land And Community Development Corporation.
What is the revenue of Arkansas Land And Community Development Corporation?
Arkansas Land And Community Development Corporation's revenue in 2022 was $587,873.
Who are the executives of Arkansas Land And Community Development Corporation and what are their salaries?
The average compensation at Arkansas Land And Community Development Corporation during 2022 was $16,787. There are 25 employees at Arkansas Land And Community Development Corporation.
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Where can I find the form 990 for Arkansas Land And Community Development Corporation?
Arkansas Land And Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Arkansas Land And Community Development Corporation
Arkansas Land and Community Development Corporation is dedicated to promoting agricultural, economic development, conservation, and training programs in the state of Arkansas. In simpler terms, this nonprofit organization works towards providing housing, youth, and resource conservation programs, as well as contributing to community and economic development initiatives. By doing so, Arkansas Land and Community Development Corporation aims to enhance the overall well-being and livelihood of the community, fostering growth and sustainability in various sectors.
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Impact
July, 2024
Arkansas Land And Community Development Corporation has a significant impact on the local community in Brinkley, Arkansas. By providing housing, youth programs, resource conservation initiatives, and community and economic development programs, the organization plays a crucial role in promoting agricultural development, economic growth, conservation efforts, and youth training programs in the area. Through its mission to enhance the quality of life and opportunities for residents, Arkansas Land And Community Development Corporation positively contributes to community improvement and development in Brinkley and beyond.
This information is meant to be a general summary of Arkansas Land And Community Development Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $62,567
- Gross Receipts: $587,873
Assets and Liabilities:
- Total Assets: $42,096
- Total Liabilities: $248,761
- Net Assets: -$206,665
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CARGILL
Revenue
$40,000
PROGRAM INCOME
Revenue
$22,567
Organization Details
Founding Year
2014
Phone
(870) 734-1140Principal Officer
Brian Cornelius
Main Address
484 FLOYD BROWN ROAD, BRINKLEY, AR, 72021
NTEE Category
Code: S02 - Community improvement
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