Overview
What is Arkansas Tourism Development Foundation?
Arkansas Tourism Development Foundation is a nonprofit organization located at 600 MAIN ST 100, North Little Rock, AR 72114. Its primary goal is to promote tourism within the state of Arkansas. This is achieved by working closely with the Arkansas Department of Parks and Tourism to enhance their tourism program. The foundation also provides funding to projects that lack sufficient or unobtainable state tax receipts, aiming to strengthen the state's tourism sector. The Governor's Conference, an annual event, is organized by the foundation to familiarize individuals in the tourism industry with Arkansas, bringing together representatives from hotels, restaurants, communities, and attractions to discuss ways to increase tourism.
Is Arkansas Tourism Development Foundation legitimate?
Arkansas Tourism Development Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Arkansas Tourism Development Foundation 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.
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What is the mission statement of Arkansas Tourism Development Foundation?
The Arkansas Tourism Development Foundation's mission is centered around promoting tourism within the state. They accomplish this by collaborating with the Arkansas Department of Parks and Tourism to strengthen their tourism program and by providing funding to projects that lack sufficient state tax receipts or are otherwise unattainable. The organization hosts a conference, known as the Governor's Conference, to familiarize individuals in the tourism industry with Arkansas. This event brings together representatives from hotels, restaurants, communities, and attractions, with the aim of boosting tourism by focusing on key strategies.
What is the revenue of Arkansas Tourism Development Foundation?
Arkansas Tourism Development Foundation's revenue in 2023 was $242,959.
Who are the executives of Arkansas Tourism Development Foundation and what are their salaries?
Here are 26 key members and their salaries:
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Where can I find the form 990 for Arkansas Tourism Development Foundation?
Arkansas Tourism Development Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Arkansas Tourism Development Foundation
Arkansas Tourism Development Foundation, a notable organization, is dedicated to promoting tourism within the state of Arkansas. Their mission is twofold: firstly, they assist the Arkansas Department of Parks and Tourism in enhancing and developing a robust tourism program. Secondly, they provide funding for projects that lack sufficient state tax receipts or are otherwise unattainable. By doing so, the foundation aims to bolster tourism in Arkansas, contributing to the state's economic growth and attracting visitors from near and far.
To achieve its mission, Arkansas Tourism Development Foundation holds the Governor's Conference. This event serves as a platform to introduce individuals in the tourism industry to Arkansas, bringing together representatives from hotels, restaurants, communities, and attractions. The conference focuses on increasing tourism, with the ultimate goal of showcasing the state's unique offerings and encouraging more people to visit and explore Arkansas. Through these efforts, the foundation plays a crucial role in boosting the state's tourism sector.
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Impact
October, 2024
The Arkansas Tourism Development Foundation significantly impacts the state by promoting tourism and enhancing the overall travel experience in Arkansas. Through initiatives like the Governor's Conference, it connects key stakeholders in the tourism industry—representatives from hotels, restaurants, communities, and attractions. This collaboration fosters a shared commitment to increasing tourism, showcasing Arkansas as a desirable destination.
By assisting the Arkansas Department of Parks and Tourism, the foundation plays a crucial role in developing a robust tourism program. It provides essential funding for projects that may not receive sufficient state tax revenue, ensuring that tourism facilities and attractions can thrive. This support not only bolsters the economy but also enriches community engagement and improvement, making Arkansas a more vibrant place to visit and live. Overall, the foundation strengthens the state's tourism ecosystem, driving both economic growth and a greater appreciation for Arkansas's unique offerings.
This information is meant to be a general summary of Arkansas Tourism Development Foundation. 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 2023.
- Investment Income: $966
- Program Service Revenue: $241,981
- Gross Receipts: $242,959
Assets and Liabilities:
- Total Assets: $255,076
- Total Liabilities: $0
- Net Assets: $255,076
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNOR'S CONFERENCE
Revenue
$230,381
MEMBERSHIPS
Revenue
$11,600
Organization Details
Founding Year
1977
Principal Officer
Jim Shamburger
NTEE Category
Code: S30 - Community improvement
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