Arkansas Valley Alliance For Economic Development

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

EIN: 581893506 ✦ Russellville, AR ✦ Designated as a 501(c)(6)

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Overview

What is Arkansas Valley Alliance For Economic Development?

Arkansas Valley Alliance for Economic Development is a nonprofit organization committed to fostering community, industrial, and economic growth. They accomplish this by implementing various programs that market and promote existing businesses and industries, as well as attracting new ventures to the local area. Their mission is to drive development and improvement in their community, contributing to a thriving economic landscape.

Is Arkansas Valley Alliance For Economic Development legitimate?

Arkansas Valley Alliance For Economic Development is a legitimate nonprofit organization registered as a 501(c)(6) entity. Arkansas Valley Alliance For Economic Development 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: $135,581

For more financial information, click here

What is the mission statement of Arkansas Valley Alliance For Economic Development?

The Arkansas Valley Alliance for Economic Development is committed to fostering community, industrial, and economic growth. They achieve this mission by implementing various programs that serve to advertise and boost existing businesses and industries, as well as attract new enterprises to the local area. Their goal is to stimulate overall development and prosperity within the community.

Who is the CEO of Arkansas Valley Alliance For Economic Development?

Steve Mallett is the Director of Arkansas Valley Alliance For Economic Development.

What is the revenue of Arkansas Valley Alliance For Economic Development?

Arkansas Valley Alliance For Economic Development's revenue in 2022 was $193,902.

Who are the executives of Arkansas Valley Alliance For Economic Development and what are their salaries?


Here are 23 key members and their salaries:


Charles H Blanchard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Bowen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Clarke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Omar Clemons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judge Ben Cross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Dicus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Duffield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Frazee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Richard Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Honeycutt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Laws (At Large Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Long (Past Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Mcneil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Morphis (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laken Moudy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Purtle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Reaves (At Large Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wm Douglas Skelton (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judge Mark Thone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Tripp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Wetzel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Jimmy Witt (Yell County)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mallett (Secretary-Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Arkansas Valley Alliance For Economic Development?

Arkansas Valley Alliance For Economic Development's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Arkansas Valley Alliance For Economic Development

Arkansas Valley Alliance for Economic Development, abbreviated as AVAED, is committed to fostering community, industrial, and economic development. The organization achieves this goal by implementing various programs. These programs primarily aim at marketing and showcasing the strengths of existing businesses and industries in the local area. Additionally, AVAED actively seeks to attract new businesses to the region, thereby contributing to its overall economic growth. By promoting and expanding the business sector, AVAED plays a pivotal role in enhancing the local economy and creating opportunities for its community members.

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Impact




October, 2024

The Arkansas Valley Alliance for Economic Development (AVAED) plays a pivotal role in enhancing the economic landscape of the Russellville area by focusing on community and industrial development. It actively markets and promotes existing businesses and industries while also working to attract new companies to the region.

Through various programs, AVAED facilitates economic growth by supporting local entrepreneurship and fostering an environment conducive to business expansion. This dedication to community improvement not only helps retain jobs but also creates new employment opportunities for residents. By bolstering the local economy, the Alliance contributes to a more vibrant, sustainable community, ultimately enhancing the quality of life for its inhabitants.




This information is meant to be a general summary of Arkansas Valley Alliance For Economic Development. 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
$193,902 (2022)
Expenses
$229,633 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,384
  • Gross Receipts: $193,902

Assets and Liabilities:

  • Total Assets: $1,277,648
  • Total Liabilities: $14,085
  • Net Assets: $1,263,563

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Organization Details

Founding Year

1997

Principal Officer

Steve Mallett

Main Address

708 WEST MAIN STREET, RUSSELLVILLE, AR, 72801

NTEE Category

Code: S30 - Community improvement

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