CONWAY CO ECONOMIC DEVELOPMENT COR

Address
P O BOX 589
MORRILTON, AR 72110
Contact
Website: http://www.morrilton.com
Phone: +1 (501) 354-2393
Nonprofit
NTEE: S30 - Economic Development
EIN: 71-0424896

Mission

PROVIDE GENERAL AND ADMINISTRATIVE SERVICES TO COMMUNITY IN THE PURSUIT OF NEW AND EXPANDING INDUSTRY. SPECIFIC INDUSTRIAL SERVICE IS PROVIDED IN PROSPECTING FOR NEW INDUSTRY THROUGH DIRECT CONTACT, MAIL CAMPAIGN, ADVERTISING AND TECHNICAL ASSISTANCE IN REGARD TO OBTAINING NEW INDUSTRIAL SITES AND DEVELOPMENT THEREOF.
 20172016201520142013
Basic features of the organization
Subsection code06
PF filing required0    
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Number of employees00003
Personnel
Baker, Brandon
Title   PRESIDENT/CEPRESIDENT/CE
Name of key/compensated person   BRANDON BAKERBRANDON BAKER
Position of compensated person
Current officer   TrueTrue
Average hours per week working for org    40.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$42,599.00
Briggler, Fred
TitleVICE-CHAIRVICE-CHAIRVICE-CHAIR  
Name of key/compensated personFRED BRIGGLERFRED BRIGGLERFRED BRIGGLER  
Position of compensated person
Average hours per week working for org  1.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Dunaway, Mike
Title   TREASURERTREASURER
Name of key/compensated person   MIKE DUNAWAYMIKE DUNAWAY
Position of compensated person
Average hours per week working for org    1.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Johnson, Jennifer
Title   VICE-CHAIRVICE-CHAIR
Name of key/compensated person   JENNIFER JOHNSONJENNIFER JOHNSON
Position of compensated person
Average hours per week working for org    1.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Lacy, Miles
Title   CHAIRMANCHAIRMAN
Name of key/compensated person   MILES LACYMILES LACY
Position of compensated person
Average hours per week working for org    1.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
McKuin, Barry
TitleCHAIRMANCHAIRMANCHAIRMAN  
Name of key/compensated personBARRY MCKUINBARRY MCKUINBARRY MCKUIN  
Position of compensated person
Average hours per week working for org 5.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Penick, Charles
TitleTREASURERTREASURERTREASURER  
Name of key/compensated personCHARLES PENICKCHARLES PENICKCHARLES PENICK  
Position of compensated person
Average hours per week working for org  1.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Smith, Jerry
TitlePRESIDENT/CEPRESIDENT/CEPRESIDENT/CE  
Name of key/compensated personJERRY SMITHJERRY SMITHJERRY SMITH  
Position of compensated person
Current officerTrueTrueTrue  
Average hours per week working for org20.005.0010.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$50,000.00$45,000.00  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesPROVIDE GENERAL AND ADMINISTRATIVE SERVICES TO COMMUNITY IN THE PURSUIT OF NEW AND EXPANDING INDUSTRY. SPECIFIC INDUSTRIAL SERVICE IS PROVIDED IN PROSPECTING FOR NEW INDUSTRY THROUGH DIRECT CONTACT, MAIL CAMPAIGN, ADVERTISING AND TECHNICAL ASSISTANCE IN REGARD TO OBTAINING NEW INDUSTRIAL SITES AND DEVELOPMENT THEREOF.PROVIDE GENERAL AND ADMINISTRATIVE SERVICES TO COMMUNITY IN THE PURSUIT OF NEW AND EXPANDING INDUSTRY. SPECIFIC INDUSTRIAL SERVICE IS PROVIDED IN PROSPECTING FOR NEW INDUSTRY THROUGH DIRECT CONTACT, MAIL CAMPAIGN, ADVERTISING AND TECHNICAL ASSISTANCE IN REGARD TO OBTAINING NEW INDUSTRIAL SITES AND DEVELOPMENT THEREOF.PROVIDE GENERAL AND ADMINISTRATIVE SERVICES TO COMMUNITY IN THE PURSUIT OF NEW AND EXPANDING INDUSTRY. SPECIFIC INDUSTRIAL SERVICE IS PROVIDED IN PROSPECTING FOR NEW INDUSTRY THROUGH DIRECT CONTACT, MAIL CAMPAIGN, ADVERTISING AND TECHNICAL ASSISTANCE IN REGARD TO OBTAINING NEW INDUSTRIAL SITES AND DEVELOPMENT THEREOF.PROVIDE GENERAL AND ADMINISTRATIVE SERVICES TO COMMUNITY IN THE PURSUIT OF NEW AND EXPANDING INDUSTRY. SPECIFIC INDUSTRIAL SERVICE IS PROVIDED IN PROSPECTING FOR NEW INDUSTRY THROUGH DIRECT CONTACT, MAIL CAMPAIGN, ADVERTISING AND TECHNICAL ASSISTANCE IN REGARD TO OBTAINING NEW INDUSTRIAL SITES AND DEVELOPMENT THEREOF.PROVIDE GENERAL AND ADMINISTRATIVE SERVICES TO COMMUNITY IN THE PURSUIT OF NEW AND EXPANDING INDUSTRY. SPECIFIC INDUSTRIAL SERVICE IS PROVIDED IN PROSPECTING FOR NEW INDUSTRY THROUGH DIRECT CONTACT, MAIL CAMPAIGN, ADVERTISING AND TECHNICAL ASSISTANCE IN REGARD TO OBTAINING NEW INDUSTRIAL SITES AND DEVELOPMENT THEREOF.
Program service expenses, total$276,231.00$241,836.00$222,600.00$327,019.00$300,046.00
Programs, including revenue & expenses
THE CORPORATION PROVIDES GENERAL AND ADMINISTRATIVE SERVICES TO THE COMMUNITY IN THE PURSUIT OF NEW AND EXPANDING INDUSTRY. SPECIFIC INDUSTRIAL SERVICE IS PROVIDED IN PROSPECTING FOR NEW INDUSTRY THROUGH DIRECT CONTACT MAIL CAMPAIGNS, ADVERTISING AND TECHNICAL ASSISTANCE IN REGARD TO OBTAINING NEW INDUSTRIAL SITES AND DEVELOPMENT THEREOF.
Program expenses$276,231.00$241,836.00$222,600.00$327,019.00$300,046.00
Program revenue $152,600.00   
Program descriptionTHE CORPORATION PROVIDES GENERAL AND ADMINISTRATIVE SERVICES TO THE COMMUNITY IN THE PURSUIT OF NEW AND EXPANDING INDUSTRY. SPECIFIC INDUSTRIAL SERVICE IS PROVIDED IN PROSPECTING FOR NEW INDUSTRY THROUGH DIRECT CONTACT MAIL CAMPAIGNS, ADVERTISING AND TECHNICAL ASSISTANCE IN REGARD TO OBTAINING NEW INDUSTRIAL SITES AND DEVELOPMENT THEREOF.THE CORPORATION PROVIDES GENERAL AND ADMINISTRATIVE SERVICES TO THE COMMUNITY IN THE PURSUIT OF NEW AND EXPANDING INDUSTRY. SPECIFIC INDUSTRIAL SERVICE IS PROVIDED IN PROSPECTING FOR NEW INDUSTRY THROUGH DIRECT CONTACT MAIL CAMPAIGNS, ADVERTISING AND TECHNICAL ASSISTANCE IN REGARD TO OBTAINING NEW INDUSTRIAL SITES AND DEVELOPMENT THEREOF.THE CORPORATION PROVIDES GENERAL AND ADMINISTRATIVE SERVICES TO THE COMMUNITY IN THE PURSUIT OF NEW AND EXPANDING INDUSTRY. SPECIFIC INDUSTRIAL SERVICE IS PROVIDED IN PROSPECTING FOR NEW INDUSTRY THROUGH DIRECT CONTACT MAIL CAMPAIGNS, ADVERTISING AND TECHNICAL ASSISTANCE IN REGARD TO OBTAINING NEW INDUSTRIAL SITES AND DEVELOPMENT THEREOF.THE CORPORATION PROVIDES GENERAL AND ADMINISTRATIVE SERVICES TO THE COMMUNITY IN THE PURSUIT OF NEW AND EXPANDING INDUSTRY. SPECIFIC INDUSTRIAL SERVICE IS PROVIDED IN PROSPECTING FOR NEW INDUSTRY THROUGH DIRECT CONTACT MAIL CAMPAIGNS, ADVERTISING AND TECHNICAL ASSISTANCE IN REGARD TO OBTAINING NEW INDUSTRIAL SITES AND DEVELOPMENT THEREOF.THE CORPORATION PROVIDES GENERAL AND ADMINISTRATIVE SERVICES TO THE COMMUNITY IN THE PURSUIT OF NEW AND EXPANDING INDUSTRY. SPECIFIC INDUSTRIAL SERVICE IS PROVIDED IN PROSPECTING FOR NEW INDUSTRY THROUGH DIRECT CONTACT MAIL CAMPAIGNS, ADVERTISING AND TECHNICAL ASSISTANCE IN REGARD TO OBTAINING NEW INDUSTRIAL SITES AND DEVELOPMENT THEREOF.
Financial data
Revenue
Total revenue$243,797.00$249,329.00$393,419.00$257,195.00$233,484.00
Revenue from contributions (total)$93,184.00$96,333.00$99,833.00$106,666.00$93,000.00
Investment income, current yr$913.00$396.00$135,686.00$529.00$984.00
Total revenue from grants, etc., current yr$93,184.00$96,333.00$99,833.00$106,666.00$93,000.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$600.00$0.00$6,000.00$0.00$1,000.00
Program service revenue (total)$149,100.00$152,600.00$151,900.00$150,000.00$138,500.00
Gross receipts$243,797.00$249,329.00$490,926.00$257,195.00$233,484.00
Sources of contributions
Contributions from related organizations    $1,200.00
Revenue from gov't grants$65,000.00$65,000.00$65,000.00$65,000.00$61,250.00
Revenue from all other contributions$28,184.00$31,333.00$34,833.00$41,666.00$30,550.00
Other types of revenue
Miscellaneous revenue (total)$600.00 $6,000.00 $1,000.00
Income from dividends, interest, and similar investments$913.00$396.00$393.00$529.00$984.00
Net rental income  $0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$276,231.00$241,836.00$222,600.00$328,406.00$301,433.00
Total functional expenses: program service $0.00$0.00$0.00$0.00$0.00
Total functional expenses: management and general$0.00$0.00$0.00$0.00$0.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)$98,917.00$87,000.00$87,000.00$87,000.00$79,750.00
Assets and liabilities
Total assets$1,497,245.00$1,519,596.00$1,624,606.00$1,558,386.00$1,733,618.00
Total assets, beginning of year$1,519,596.00$1,624,606.00$1,558,386.00$1,733,618.00$1,920,082.00
Total liabilities$23,233.00$13,150.00$125,653.00$230,251.00$334,271.00
Total liabilities, beginning of year$13,150.00$125,653.00$230,251.00$334,271.00$452,786.00
Unrestricted net assets, end of yr$1,474,012.00$1,506,446.00$1,498,953.00$1,328,135.00$1,399,347.00
Net assets$1,474,012.00$1,506,446.00$1,498,953.00$1,328,135.00$1,399,347.00
Net assets, beginning of year$1,506,446.00$1,498,953.00$1,328,135.00$1,399,347.00$1,467,296.00
Other liabilities  $112,503.00$228,601.00$332,621.00
Intangible assets  $1,271.00  
Cash: non-interest bearing$230,230.00$330,614.00$336,751.00$76,553.00$22,646.00
Cash: non-interest bearing, beginning of year$330,614.00$336,751.00$76,553.00$22,646.00$37,458.00
Other financial variables
Revenue less expenses-$32,434.00$7,493.00$170,819.00-$71,211.00-$67,949.00
Savings & temp cash investment$290,322.00$101,655.00$101,426.00$101,131.00$170,965.00
Prepaid expenses & deferred charges$12,510.00$14,595.00$4,211.00$4,189.00$3,862.00
Accounts payable & accrued expenses$8,333.00    
Deferred revenue$14,900.00$13,150.00$13,150.00$1,650.00$1,650.00
Total net assets or fund balances$1,474,012.00$1,506,446.00$1,498,953.00$1,328,135.00$1,399,347.00
Depreciation, depletion, amortization$108,550.00$109,906.00$110,542.00$161,018.00$161,906.00
Governance and accountability
Number of voting members66666
Number of independent voting members66666
Financial sheets auditedTrueTrueTrue  
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2017-01-012016-01-012015-01-012014-01-012013-01-01
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-09-252017-10-162016-12-302015-09-172014-10-22
IRS schema version2017v2.32016v3.02015v2.12014v5.02013v3.1
Filing identifier201812149349300406201712079349300021201632289349303058201522229349301267201411959349300146
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