Overview
What is Arkansas Capital Relending Corp?
Arkansas Capital Relending Corp is a nonprofit organization situated in Little Rock, Arkansas, specifically at 200 River Market Ave Suite 400. Their primary mission aligns with the United States Department of Agriculture's Intermediary Relending Program, focusing on extending loans. By participating in this program, the organization contributes to supporting various initiatives, though specific details about the types of projects or beneficiaries are not provided in the information provided.
Is Arkansas Capital Relending Corp legitimate?
Arkansas Capital Relending Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Arkansas Capital Relending Corp 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: $0
For more financial information, click here
What is the mission statement of Arkansas Capital Relending Corp?
Arkansas Capital Relending Corp's mission is centered around extending loans, as part of the United States Department of Agriculture's Intermediary Relending Program. This organization's primary objective is to provide financial assistance to individuals or entities, furthering the U.S. Department of Agriculture's broader goals. By participating in this program, Arkansas Capital Relending Corp contributes to the overall economic development and growth within the agricultural sector. The organization's role is to acquire loans from various lenders and then re-lend these funds to eligible borrowers, thereby facilitating easier access to credit for those in need.
Who is the CEO of Arkansas Capital Relending Corp?
Sam Walls Iii is the CEO of Arkansas Capital Relending Corp The CEO's salary of Arkansas Capital Relending Corp is $0 and their total compensation is $344,321.
What is the revenue of Arkansas Capital Relending Corp?
Arkansas Capital Relending Corp's revenue in 2023 was $5,677.
Who are the executives of Arkansas Capital Relending Corp and what are their salaries?
There 17 volunteers at Arkansas Capital Relending Corp.
Here are 29 key members and their salaries (Arkansas Capital Relending Corp's CEO's salary is $0 and their total compensation is $344,321):
- Compensation: $0
- Related: $297,627
- Other: $46,694
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $265,744
- Other: $32,449
- Compensation: $0
- Related: $208,384
- Other: $27,716
- Compensation: $0
- Related: $167,247
- Other: $30,842
- Compensation: $0
- Related: $133,776
- Other: $25,521
- Compensation: $0
- Related: $183,058
- Other: $25,553
- Compensation: $0
- Related: $121,755
- Other: $18,014
- Compensation: $0
- Related: $110,730
- Other: $24,649
- Compensation: $0
- Related: $126,482
- Other: $9,434
- Compensation: $0
- Related: $101,055
- Other: $10,771
- Compensation: $0
- Related: $105,323
- Other: $12,688
- Compensation: $0
- Related: $110,263
- Other: $10,826
Where can I find the form 990 for Arkansas Capital Relending Corp?
Arkansas Capital Relending Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Arkansas Capital Relending Corp
Arkansas Capital Relending Corp, as a nonprofit organization, is dedicated to extending loans under the United States Department of Agriculture's Intermediary Relending Program. This mission aims to provide financial assistance to individuals or entities in need, utilizing funds from the USDA's program. By functioning as an intermediary, Arkansas Capital Relending Corp plays a crucial role in facilitating loan extensions, thereby contributing to economic growth and development in various sectors. The organization's activities are primarily focused on extending loans, leveraging the resources of the United States Department of Agriculture's Intermediary Relending Program to support its initiatives.
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Impact
October, 2024
Arkansas Capital Relending Corp plays a significant role in extending financial support to communities by implementing the United States Department of Agriculture Intermediary Relending Program. This initiative is designed to provide loans that foster economic growth, create job opportunities, and enhance the overall quality of life in rural and underserved areas of Arkansas. By facilitating access to capital, Arkansas Capital Relending Corp not only supports local entrepreneurs and small businesses but also contributes to the diversification of the economy and the strengthening of community resources. Its activities are instrumental in promoting sustainable economic development within the state's various regions.
This information is meant to be a general summary of Arkansas Capital Relending Corp. 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: $251
- Program Service Revenue: $5,677
- Gross Receipts: $5,677
Assets and Liabilities:
- Total Assets: $116,014
- Total Liabilities: $0
- Net Assets: $116,014
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$5,677
Organization Details
Founding Year
1998
Principal Officer
Sam Walls Iii
NTEE Category
Code: T01 - Philanthropy
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