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Ouachita Partnership For Economic Development Inc

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

EIN: 710839385 ✦ Camden, AR ✦ Designated as a 501(c)(6)

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Overview

What is Ouachita Partnership For Economic Development Inc?

Ouachita Partnership for Economic Development Inc., located in Camden, Arkansas, is a dedicated nonprofit organization with a mission to stimulate economic growth in Ouachita and Western Calhoun counties. With a modest workforce of two individuals, they actively promote, support, and enhance economic development activities within their jurisdiction. To further this goal, they offered incentives amounting to $174,626 to local businesses in 2020, aiding them in maintaining and expanding their workforces.


Official website here: www.teamcamden.com

Is Ouachita Partnership For Economic Development Inc legitimate?

Ouachita Partnership For Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Ouachita Partnership For Economic Development 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: $58,803
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,777

For more financial information, click here


Official website here: www.teamcamden.com

What is the mission statement of Ouachita Partnership For Economic Development Inc?

The Ouachita Partnership For Economic Development Inc is dedicated to fostering economic growth in Ouachita and Western Calhoun counties of Arkansas. Their mission involves promoting, assisting, and enhancing economic development activities within the region. In pursuit of this goal, they implemented a plan to improve the economic environment for all residents by providing incentives to local businesses to maintain and expand their workforces. In 2020, they offered $174,626 in incentives to local businesses.


Official website here: www.teamcamden.com

Who is the CEO of Ouachita Partnership For Economic Development Inc?

James Lee Silliman is the President of Ouachita Partnership For Economic Development Inc.


Official website here: www.teamcamden.com

What is the revenue of Ouachita Partnership For Economic Development Inc?

Ouachita Partnership For Economic Development Inc's revenue in 2022 was $320,146.


Official website here: www.teamcamden.com

Who are the executives of Ouachita Partnership For Economic Development Inc and what are their salaries?

The average compensation at Ouachita Partnership For Economic Development Inc during 2022 was $56,790. There are 2 employees and 25 volunteers at Ouachita Partnership For Economic Development Inc.


Here are 14 key members and their salaries:


Jim Golden (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Shelton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karmen House (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Nixon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manpreet Kang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian Lott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Aregood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Snowden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Robertson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Turberville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robbie Mcadoo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Dick Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Franklin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Lee Silliman (Executive Director)
  • Compensation: $58,803
  • Related: $0
  • Other: $0


Official website here: www.teamcamden.com

Where can I find the form 990 for Ouachita Partnership For Economic Development Inc?

Ouachita Partnership For Economic Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teamcamden.com

Learn more at the official website: www.teamcamden.com

Mission Statement of Ouachita Partnership For Economic Development Inc

Ouachita Partnership For Economic Development Inc, a notable organization, is dedicated to fostering economic growth in Ouachita and Western Calhoun counties of Arkansas. Their primary mission is to promote, aid, and enhance economic development activities within the Ouachita county region. To accomplish this, OPED implements strategies that improve the overall economic environment for the county's residents. In the year 2020 alone, they provided financial incentives totaling $174,626 to local businesses, helping to maintain and expand their workforces. By supporting local businesses and driving economic development, Ouachita Partnership For Economic Development Inc plays a crucial role in the region's economic prosperity.

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Impact




October, 2024

Ouachita Partnership for Economic Development Inc. plays a crucial role in enhancing the economic landscape of Ouachita and Western Calhoun Counties in Arkansas. By implementing strategic initiatives aimed at promoting, assisting, and enhancing economic activities, the organization directly contributes to a more vibrant and sustainable local economy.

In 2020 alone, OPED provided $174,626 in incentives to local businesses. This financial support was instrumental in helping these businesses maintain and expand their workforces, fostering job retention and growth in the community. The organization's efforts not only help to create a more favorable economic environment but also empower residents by providing access to greater employment opportunities.

Through its initiatives, Ouachita Partnership for Economic Development Inc. significantly impacts community improvement and economic resilience, ensuring a brighter and more prosperous future for the residents of the region.




This information is meant to be a general summary of Ouachita Partnership For Economic Development 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
$320,146 (2022)
Expenses
$275,844 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,127
  • Program Service Revenue: $310,000
  • Gross Receipts: $320,146

Assets and Liabilities:

  • Total Assets: $375,557
  • Total Liabilities: $2,855
  • Net Assets: $372,702

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Programs

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

CITY OF CAMDEN

Revenue

$155,000

OUACHITA COUNTY

Revenue

$155,000

Organization Details

Founding Year

2000

Principal Officer

James Lee Silliman

Main Address

570 BEN LANE SE, CAMDEN, AR, 71701

NTEE Category

Code: S410 - Community improvement

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