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Southeast Arkansas Economic Development District Inc

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

EIN: 710397601 ✦ Pine bluff, AR ✦ Designated as a 501(c)(3)

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Overview

What is Southeast Arkansas Economic Development District Inc?

Southeast Arkansas Economic Development District Inc, located in Pine Bluff, Arkansas, is a nonprofit organization with a mission to foster economic growth and development in the region. They primarily achieve this goal by administering various federal programs, primarily under the Job Training Partnership Act, to assist economically disadvantaged individuals and businesses. Their workforce innovation and opportunities act program utilizes federal funds to provide training that meets the needs of both job seekers and employers throughout Southeast Arkansas. The organization also engages in economic development activities, contributing to the overall growth and prosperity of the region. With a dedicated team of 55 employees, Southeast Arkansas Economic Development District Inc plays a vital role in supporting local economic development and workforce development efforts.

What are the reviews and ratings of this charity?

**: Charity Navigator Rating 94% (Four-Star out of Four Stars )**ar Rating)**

The Southeast Arkansas Economic Development District Inc has achieved an impressive 94% rating on Charity Navigator, reflecting strong performance in accountability and finance. This designation indicates that the organization excels in key areas such as having a fully independent board, effective financial oversight, and great transparency regarding its operations and policies.

The organization demonstrates robust fiscal health with a high program expense ratio of 91.10%, signifying a significant commitment to its mission-related activities. Additionally, the presence of a thorough audit and oversight committee further enhances its operational credibility. The absence of any material diversion of assets highlights the integrity of its financial practices.

Unfortunately, user reviews from GreatNonprofits are not available, making it difficult to gauge grassroots perspectives on the organization's community impact or service effectiveness. Overall, the financial accountability and strong governance structure are major strengths for this nonprofit, which is crucial for potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Southeast Arkansas Economic Development District Inc legitimate?

Southeast Arkansas Economic Development District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Arkansas Economic Development District Inc 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: $109,874
Professional Fundraising Fees: $0
Other Salaries and Wages: $303,910

For more financial information, click here

What is the mission statement of Southeast Arkansas Economic Development District Inc?

The Southeast Arkansas Economic Development District Inc's mission is centered around administering various federal programs, primarily under the Job Training Partnership Act. Their primary objective is to assist economically disadvantaged individuals and businesses in employment and development. Besides, they engage in economic development activities under the Economic Development Administration. A significant part of their work involves managing the Workforce Innovation and Opportunities Act Program funds, which are allocated to meet the training needs of both job seekers and employers across Southeast Arkansas.

Who is the CEO of Southeast Arkansas Economic Development District Inc?

Patrecia Hargrove is the Executive Director of Southeast Arkansas Economic Development District Inc.

What is the revenue of Southeast Arkansas Economic Development District Inc?

Southeast Arkansas Economic Development District Inc's revenue in 2022 was $8,494,217.

Who are the executives of Southeast Arkansas Economic Development District Inc and what are their salaries?

The average compensation at Southeast Arkansas Economic Development District Inc during 2022 was $7,523. There are 55 employees and 55 volunteers at Southeast Arkansas Economic Development District Inc.


Here are 56 key members and their salaries:


Patrecia Hargrove (Executive Director)
  • Compensation: $106,482
  • Related: $0
  • Other: $0
Mack Ball (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Akin (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Washington (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Pruitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Best (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Paxton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hudson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Klay Mckinney (Vice Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mack Ball Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam E Angel Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Owyoung (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nita Mcdaniel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Searcy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Westbrook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cs Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sidney Mathias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Reilley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Blankenship (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Carter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Gibson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Black (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teddy Holt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denisa Pennington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonya Kendrix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keeton Hudson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tomeka Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Herrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Tindall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toni Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buddy Earnest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Strabala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Streeter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Reep (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Mosley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Bush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Jordan Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Bush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Cummings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Mcclellan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Mcclellan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Price Boney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyne Blissitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessie Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Akers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cain Nattin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reid Robertson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Southeast Arkansas Economic Development District Inc?

Southeast Arkansas Economic Development District Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Southeast Arkansas Economic Development District Inc

Southeast Arkansas Economic Development District Inc is dedicated to assisting the employment and development of economically disadvantaged individuals and businesses. This nonprofit organization accomplishes this mission by administering various federal programs, primarily under the Job Training Partnership Act. Their primary role is to provide training that meets the needs of both job seekers and employers throughout Southeast Arkansas. Furthermore, they also engage in economic development activities under the Economic Development Administration.

In more detail, the Workforce Innovation and Opportunities Act program provides Southeast Arkansas Economic Development District Inc with federal funds allocated by formula. These funds are utilized to offer training that caters to the needs of both job seekers and employers in the region. This mission is crucial in uplifting economically disadvantaged individuals and businesses, providing them with the necessary tools to thrive and contribute to the local economy. The organization's efforts are vital in fostering a more prosperous and inclusive community.

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Impact



July, 2024

The Southeast Arkansas Economic Development District Inc plays a crucial role in assisting the employment and development of economically disadvantaged individuals and businesses in Southeast Arkansas. Through various federal programs, such as the Workforce Innovation and Opportunities Act program, the organization receives funds allocated for training that meet the needs of both job seekers and employers in the region. By administering these programs, primarily under the Job Training Partnership Act, the organization not only helps individuals find employment opportunities but also supports economic development activities through the Economic Development Administration. These efforts ultimately contribute to community improvement and upliftment in Pine Bluff, AR, and the surrounding areas.



This information is meant to be a general summary of Southeast Arkansas Economic Development District Inc. 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
$8,494,217 (2022)
Expenses
$7,389,590 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41
  • Program Service Revenue: $158,735
  • Gross Receipts: $8,494,217

Assets and Liabilities:

  • Total Assets: $6,895,240
  • Total Liabilities: $789,842
  • Net Assets: $6,105,398

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Programs

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

PROGRAM REVENUES

Revenue

$158,735

Organization Details

Founding Year

1967

Phone

(870) 536-1971

Principal Officer

Patrecia Hargrove

Main Address

PO BOX 6806, PINE BLUFF, AR, 71611

NTEE Category

Code: S30Z - Community improvement

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