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Southwest Arkansas Community Development Corporation

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

EIN: 581896150 ✦ Magnolia, AR ✦ Designated as a 501(c)(3)

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Overview

What is Southwest Arkansas Community Development Corporation?

The Southwest Arkansas Community Development Corporation is a nonprofit organization that prioritizes the well-being of socially and economically disadvantaged children by offering day care services. In addition to this, they are committed to fostering community and economic development through various initiatives. Their mission encompasses providing a nurturing environment for children while simultaneously working towards the betterment of the local community.

Is Southwest Arkansas Community Development Corporation legitimate?

Southwest Arkansas Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Arkansas 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: $241,407

For more financial information, click here

What is the mission statement of Southwest Arkansas Community Development Corporation?

The Southwest Arkansas Community Development Corporation's mission is centered around providing day care services for socially and economically disadvantaged children. Alongside this, the organization actively works towards promoting community and economic development activities. Through its initiatives, it aims to create a positive impact on the lives of these children and contribute to the betterment of the community at large. The corporation offers day care program services and engages in various other development activities to achieve its goals.

Who is the CEO of Southwest Arkansas Community Development Corporation?

Thelma Arbor is the Director of Southwest Arkansas Community Development Corporation.

What is the revenue of Southwest Arkansas Community Development Corporation?

Southwest Arkansas Community Development Corporation's revenue in 2022 was $441,897.

Who are the executives of Southwest Arkansas Community Development Corporation and what are their salaries?

The average compensation at Southwest Arkansas Community Development Corporation during 2022 was $12,070. There are 20 employees at Southwest Arkansas Community Development Corporation.


Here are 7 key members and their salaries:


Thelma Arbor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fielding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Velma George (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivory Mcintyre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruthie Sharp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vertis Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Southwest Arkansas Community Development Corporation?

Southwest Arkansas Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Southwest Arkansas Community Development Corporation

The Southwest Arkansas Community Development Corporation, as a nonprofit organization, is committed to providing day care services to children who are socially and economically disadvantaged. Beyond this, the corporation also focuses on promoting community and economic development activities. It achieves this through its programs, which extend beyond just day care services, encompassing various initiatives that aim to uplift the community.

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Impact




October, 2024

Southwest Arkansas Community Development Corporation significantly impacts its region by providing critical day care services to socially and economically disadvantaged children, fostering a supportive environment for their growth and development. By ensuring access to quality child care, it enables parents to pursue employment and education, helping to break the cycle of poverty.

In addition to its child care programs, the organization plays a pivotal role in promoting community and economic development activities. Through various initiatives, it fosters local investment, job creation, and overall community resilience. The combined efforts not only assist individual families but also contribute to the broader economic stability and vitality of the Magnolia area and surrounding communities in Southwest Arkansas.




This information is meant to be a general summary of Southwest Arkansas 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.

Revenue
$441,897 (2022)
Expenses
$387,884 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $406,503
  • Gross Receipts: $441,897

Assets and Liabilities:

  • Total Assets: $323,529
  • Total Liabilities: $188,309
  • Net Assets: $135,220

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Programs

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

VOUCHER PROGRAM (CHILD CARE)

Revenue

$165,421

ABC

Revenue

$152,100

CHILD NUTRITION PROGRAM

Revenue

$50,098

DAY CARE FEES

Revenue

$36,802

OTHER

Revenue

$2,082

Organization Details

Principal Officer

Thelma Arbor

Main Address

PO BOX 863, MAGNOLIA, AR, 71753

NTEE Category

Code: P330 - Human services

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