Overview
What is Southwest Arkansas Planning And Development District Inc?
Southwest Arkansas Planning and Development District Inc, based in Magnolia, Arkansas, serves as a bridge between local governments and state and federal agencies in 12 counties across southwest Arkansas. Their primary role involves proactively acquiring and managing contracts and grants. By collecting dues from county and city governments within their region, they contribute significantly to securing resources for various initiatives. Their mission is to foster growth and development by facilitating funds for essential community projects in these 12 counties. With a team of 23 dedicated individuals, they strive to enhance the quality of life in southwest Arkansas through strategic partnerships and funding opportunities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating.
Southwest Arkansas Planning And Development District Inc has received a 71% rating from Charity Navigator, indicating some strengths in their financial practices and governance. The organization boasts a fully independent board, with a high percentage of independent board members and proper documentation of board meeting minutes. Additionally, there are no reported material diversions of assets, reflecting a commitment to accountability.
However, despite these positive aspects, the overall rating suggests room for improvement in areas that might affect donor confidence. While the organization has a strong program expense ratio of 88.67%, which indicates that a significant portion of funds is directed towards programs rather than administrative costs, the overall accountability and finance score of 71% leaves some concerns. Future efforts to enhance transparency and financial management could increase their rating and strengthen their impact.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Arkansas Planning And Development District Inc legitimate?
Southwest Arkansas Planning And Development District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Arkansas Planning And 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: $989,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Southwest Arkansas Planning And Development District Inc?
Southwest Arkansas Planning and Development District Inc. is actively engaged in obtaining and administering various contracts and grants with both state and federal agencies. This endeavor is aimed at providing support to county and city governments within a twelve-county area in Southwest Arkansas. The organization's primary mission is to utilize these contracts and grants to enhance the services and resources available to these local governments, thereby contributing to their overall development and growth. The district's role is crucial in facilitating access to essential funding sources, thereby enabling these governments to better serve their communities.
Who is the CEO of Southwest Arkansas Planning And Development District Inc?
Renee Dycus is the Member of Southwest Arkansas Planning And Development District Inc.
What is the revenue of Southwest Arkansas Planning And Development District Inc?
Southwest Arkansas Planning And Development District Inc's revenue in 2022 was $1,983,618.
Who are the executives of Southwest Arkansas Planning And Development District Inc and what are their salaries?
The average compensation at Southwest Arkansas Planning And Development District Inc during 2022 was $43,038. There are 23 employees at Southwest Arkansas Planning And Development District Inc.
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Where can I find the form 990 for Southwest Arkansas Planning And Development District Inc?
Southwest Arkansas Planning And Development District Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southwest Arkansas Planning And Development District Inc
Southwest Arkansas Planning and Development District Inc, often abbreviated as SWAPDD, plays an active role in supporting county and city governments within a twelve-county area in Southwest Arkansas. Their primary mission is to secure and manage various contracts and grants from state and federal agencies on behalf of these local administrations. By doing so, SWAPDD aims to contribute to the development and improvement of services and infrastructure within these communities. The organization's activities are centered around obtaining and administering these contracts and grants, thereby providing essential resources to enhance the quality of life for residents in the region.
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Impact
July, 2024
Southwest Arkansas Planning And Development District Inc's impact lies in its active engagement in obtaining and administering various contracts and grants with state and federal agencies for county and city governments within a twelve-county area in Southwest Arkansas. By collecting dues from these governments and leveraging external funding sources, the organization plays a crucial role in facilitating community improvement projects and initiatives across the region. Through its activities, Southwest Arkansas Planning And Development District Inc contributes to the overall development and enhancement of the local communities it serves.
This information is meant to be a general summary of Southwest Arkansas Planning And 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,370
- Program Service Revenue: $549,642
- Gross Receipts: $1,983,618
Assets and Liabilities:
- Total Assets: $2,151,220
- Total Liabilities: $284,918
- Net Assets: $1,866,302
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTS
Revenue
$549,642
Organization Details
Founding Year
1967
Phone
(870) 234-4030Principal Officer
Renee Dycus
Main Address
PO BOX 767, MAGNOLIA, AR, 71754
NTEE Category
Code: S300 - Community improvement
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