Arklatex Investment And Development

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

EIN: 720977439 ✦ Bossier city, LA ✦ Designated as a 501(c)(6)

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Overview

What is Arklatex Investment And Development?

Arklatex Investment and Development is a nonprofit organization situated in Bossier City, Louisiana. Its primary mission is to foster economic growth in ten parishes within Northwest Louisiana and the Arklatex region. To achieve this goal, they offer various programs, such as managing debt and offering housing solutions, as well as providing housing for those in need. Their commitment extends beyond financial assistance, demonstrating a dedication to improving the overall well-being of their community.

Is Arklatex Investment And Development legitimate?

Arklatex Investment And Development is a legitimate nonprofit organization registered as a 501(c)(6) entity. Arklatex Investment And Development 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 Arklatex Investment And Development?

Arklatex Investment and Development is committed to fostering economic growth in ten parishes situated in Northwest Louisiana and the Arklatex region. Their mission encompasses various initiatives, such as managing debt and offering housing solutions, as well as providing housing for those in need. This organization aims to stimulate economic development and improve living conditions in these communities.

Who is the CEO of Arklatex Investment And Development?

Knox Ross is the Ceo of Arklatex Investment And Development. The CEO's salary of Arklatex Investment And Development is $0 and their total compensation is $0.

What is the revenue of Arklatex Investment And Development?

Arklatex Investment And Development's revenue in 2023 was $1,571.

Who are the executives of Arklatex Investment And Development and what are their salaries?


There is 1 key member and their salary:


Knox Ross (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Arklatex Investment And Development?

Arklatex Investment And Development's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Arklatex Investment And Development

Arklatex Investment and Development is a nonprofit organization dedicated to fostering economic development in ten parishes located in Northwest Louisiana and the Arklatex region. Their mission encompasses various initiatives, primarily focusing on servicing debt and providing housing solutions. Furthermore, they extend their commitment to supporting the housing needs of individuals in need. This organization strives to contribute to the overall economic growth and well-being of the communities they serve.

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Impact




October, 2024

Arklatex Investment and Development plays a vital role in enhancing economic opportunities across 10 parishes in Northwest Louisiana and the broader Arklatex region. By focusing on initiatives that serve various community needs, the organization addresses critical issues such as housing stability and financial wellness.

Through its programs, Arklatex Investment and Development supports individuals and families by providing access to housing, particularly for those in need. This not only improves living conditions but also fosters a sense of community and stability. Additionally, their efforts in servicing debt help ease financial burdens, allowing residents to invest in their futures and seek pathways toward greater economic security.

Overall, the organization significantly contributes to community improvement, encouraging growth and sustainability within the region, and ultimately uplifting the quality of life for many residents in the area.




This information is meant to be a general summary of Arklatex Investment And Development. 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
$1,571 (2023)
Expenses
$35,000 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $95,375
  • Gross Receipts: $398,236

Assets and Liabilities:

  • Total Assets: $4,146,562
  • Total Liabilities: $1,264,872
  • Net Assets: $2,881,690

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Organization Details

Principal Officer

Knox Ross

Main Address

4000 VIKING DR STE A-1, BOSSIER CITY, LA, 71111

NTEE Category

Code: S30 - Community improvement

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