Searcy Regional Economic Developmen

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

EIN: 716057382 ✦ Searcy, AR ✦ Designated as a 501(c)(6)

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Overview

What is Searcy Regional Economic Developmen?

Searcy Regional Economic Development is a nonprofit organization situated in Searcy, Arkansas, dedicated to fostering growth in existing industries and attracting new ones for the city's benefit. Their primary mission involves promoting the expansion of existing industries and inviting new industries to establish a presence, aiming to enhance Searcy's economic development. They achieve this goal through various programs designed to encourage business growth.

Is Searcy Regional Economic Developmen legitimate?

Searcy Regional Economic Developmen is a legitimate nonprofit organization registered as a 501(c)(6) entity. Searcy Regional Economic Developmen 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 Searcy Regional Economic Developmen?

The mission of Searcy Regional Economic Development, as stated, is centered around promoting growth in existing industries and attracting new industries to benefit the overall economy. By doing so, they aim to contribute positively to the community's prosperity. Their activities involve promoting new industries through various programs, thereby fueling economic development.

Who is the CEO of Searcy Regional Economic Developmen?

Ricky Floyd is the President of Searcy Regional Economic Developmen.

What is the revenue of Searcy Regional Economic Developmen?

Searcy Regional Economic Developmen's revenue in 2022 was $1,186,211.

Who are the executives of Searcy Regional Economic Developmen and what are their salaries?


Here are 13 key members and their salaries:


Kyle Osborne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lincoln (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Hart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donnie Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Collier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Hays (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Faulkner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Evans (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reynie Rutledge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Burks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Ridout (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Floyd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Searcy Regional Economic Developmen?

Searcy Regional Economic Developmen's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Searcy Regional Economic Developmen

Searcy Regional Economic Development, as an organization, is committed to fostering growth in the existing industries and attracting new industries to benefit the city of Searcy, Arkansas. Their mission is multifaceted, focusing primarily on promoting the expansion of existing businesses and enticing new industries to establish their operations within the city. This mission is carried out through various programs designed to support and encourage business development, ultimately contributing to the economic well-being of the city.

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Impact




October, 2024

Searcy Regional Economic Development plays a vital role in enhancing the economic landscape of Searcy, Arkansas. By focusing on the growth of existing industries and actively recruiting new ones, the organization fosters an environment conducive to economic vitality. Their efforts not only support local businesses but also attract new industries that create jobs and stimulate investment in the area.

Through various targeted programs, Searcy Regional Economic Development works to showcase the city’s strengths, making it an attractive destination for potential businesses. This strategic approach not only benefits the local economy but also contributes to community improvement by enhancing the quality of life for residents. The organization’s commitment to promoting sustainable economic growth helps ensure that Searcy continues to thrive as a competitive and appealing place for both businesses and families.




This information is meant to be a general summary of Searcy Regional Economic Developmen. 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
$1,186,211 (2022)
Expenses
$143,263 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,094,412
  • Gross Receipts: $2,578,400

Assets and Liabilities:

  • Total Assets: $3,449,624
  • Total Liabilities: $0
  • Net Assets: $3,449,624

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Organization Details

Founding Year

1955

Principal Officer

Ricky Floyd

Main Address

2323 SOUTH MAIN, SEARCY, AR, 72143

NTEE Category

Code: S30 - Community improvement

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