Civic Intelligence

Searcy Regional Chamber of Commerce

EIN 71-0211148 • 501(c)6 • Searcy, AR

Profile

Promote and improve the quality of life in searcy and white county by encouraging sound economic growth.

2323 South MainSearcy, AR 72143

www.searcychamber.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

39th percentile

-5.0%

Higher net margin than 39% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

36th percentile

-10%

Faster asset growth than 36% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-26%

Faster revenue growth than 21% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$437,450

Down $51,145 (-10%) from 2023

Liabilities

Down

$0

Down $26,440 (-100%) from 2023

Net Assets

Down

$437,450

Down $24,705 (-5.3%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin39th percentile

Revenue

Down

$339,223

Down $120,747 (-26%) from 2023

Expenses

Down

$356,128

Down $131,421 (-27%) from 2023

Net Income

Up

-$16,905

Up $10,674 (+39%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth36th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2010: $724,756Liabilities 2010: $33,375Net Assets 2010: $691,3812010Assets 2011: $712,142Liabilities 2011: $20,873Net Assets 2011: $691,2692011Assets 2012: $700,230Liabilities 2012: $20,888Net Assets 2012: $679,3422012Assets 2013: $658,851Liabilities 2013: $471Net Assets 2013: $658,3802013Assets 2014: $657,673Liabilities 2014: $5,877Net Assets 2014: $651,7962014Assets 2015: $590,506Liabilities 2015: $4,134Net Assets 2015: $586,3722015Assets 2016: $572,742Liabilities 2016: $34,251Net Assets 2016: $538,4912016Assets 2017: $525,232Liabilities 2017: $6,754Net Assets 2017: $518,4782017Assets 2018: $507,675Liabilities 2018: $998Net Assets 2018: $506,6772018Assets 2019: $499,439Liabilities 2019: $1,663Net Assets 2019: $497,7762019Assets 2020: $492,612Liabilities 2020: $6,512Net Assets 2020: $486,1002020Assets 2021: $512,179Liabilities 2021: $1,703Net Assets 2021: $510,4762021Assets 2022: $503,492Liabilities 2022: $13,758Net Assets 2022: $489,7342022Assets 2023: $488,595Liabilities 2023: $26,440Net Assets 2023: $462,1552023Assets 2024: $437,450Liabilities 2024: $0Net Assets 2024: $437,4502024

Highlighted filing

2024

Assets$437,450
Liabilities$0
Net Assets$437,450
Open 2024 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $375,9112010Expenses 2011: $350,9252011Expenses 2012: $362,3552012Revenue 2013: $359,996Expenses 2013: $375,034Net Income 2013: -$15,0382013Revenue 2014: $337,805Expenses 2014: $344,389Net Income 2014: -$6,5842014Revenue 2015: $228,720Expenses 2015: $294,144Net Income 2015: -$65,4242015Revenue 2016: $305,669Expenses 2016: $350,616Net Income 2016: -$44,9472016Revenue 2017: $335,283Expenses 2017: $360,606Net Income 2017: -$25,3232017Revenue 2018: $335,073Expenses 2018: $346,874Net Income 2018: -$11,8012018Revenue 2019: $364,030Expenses 2019: $372,931Net Income 2019: -$8,9012019Revenue 2020: $385,119Expenses 2020: $395,678Net Income 2020: -$10,5592020Revenue 2021: $416,293Expenses 2021: $391,917Net Income 2021: $24,3762021Revenue 2022: $362,524Expenses 2022: $386,177Net Income 2022: -$23,6532022Revenue 2023: $459,970Expenses 2023: $487,549Net Income 2023: -$27,5792023Revenue 2024: $339,223Expenses 2024: $356,128Net Income 2024: -$16,9052024

Highlighted filing

2024

Revenue$339,223
Expenses$356,128
Net Income-$16,905
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$437,450
Liabilities
$0
Net assets
$437,450
Revenue
$339,223
Expenses
$356,128
Net income
-$16,905
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.37$0.00$4.37$3.39$3.56$0.17
2023Summary only. Only limited summary data is available for this year.$4.89$0.26$4.62$4.60$4.88$0.28
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.03$0.14$4.90$3.63$3.86$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.12$0.02$5.10$4.16$3.92$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.93$0.07$4.86$3.85$3.96$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$0.02$4.98$3.64$3.73$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.08$0.01$5.07$3.35$3.47$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.25$0.07$5.18$3.35$3.61$0.25
2016Summary only. Only limited summary data is available for this year.$5.73$0.34$5.38$3.06$3.51$0.45
2015Summary only. Only limited summary data is available for this year.$5.91$0.04$5.86$2.29$2.94$0.65
2014Detailed filing. Detailed filing data is available for this year.$6.58$0.06$6.52$3.38$3.44$0.07
2013Summary only. Only limited summary data is available for this year.$6.59$0.00$6.58$3.60$3.75$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.00$0.21$6.79$3.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.12$0.21$6.91$3.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.25$0.33$6.91$3.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.2
Gross Receipts
$367,273
Mission and Program Overview

Mission

Promote and improve the quality of life in searcy and white county by encouraging sound economic growth.

Promote and improve the qualify of life in searcy and white county by encouraging sound economic growth

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$204,109$190,834▼ $13,275
Savings and Temporary Cash Investments$226,925$183,260▼ $43,665
Cash and Non-Interest-Bearing Accounts$57,561$63,356▲ $5,795
Total Assets$488,595$437,450▼ $51,145
Liabilities
Other Liabilities$22,149--
Accounts Payable and Accrued Expenses$4,291--
Total Liabilities$26,440$0▼ $26,440
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$462,155$437,450▼ $24,705
Total Net Assets Fund Balance$462,155$437,450▼ $24,705
Total Liabilities and Net Assets / Fund Balance$488,595$437,450▼ $51,145

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$156,514$292,536$449,050
Equipment$31,585$127,099$158,684
Other Land Buildings$2,735$51,781$54,516
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Ed CovingtonChairman of the Board
Tara CatheyPresidentceo
Casey CullipherVice Chairman
Basil WalkerBoard Member
Bobby HartBoard Member
Brian DunnavanBoard Member
Cheryl WiedmaierBoard Member
Gene MorrisBoard Member
Hunter MainBoard Member
Jay JamesBoard Member
Kelly StanleyBoard Member
Lisa BrownBoard Member
Loren MillerBoard Member
Mat FaulknerBoard Member
Matt BoydBoard Member
Ridge RobertsBoard Member
Robert HousewrightBoard Member
Shane MuseBoard Member
Stan StrattonBoard Member
Tina NovakBoard Member
Todd WelterBoard Member
Travon TaylorBoard Member
Debbie ElgenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$261,146
Program Service Revenue
$28,915
Investment Income
$6,465
Other Revenue
$42,697
All Other Contributions
$64,996
Change in Net Assets
$-16,905
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$211,522
Other Expenses$144,606
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$196,669--$196,669
All Other Expenses$29,827--$29,827
Office Expenses$28,801--$28,801
Occupancy$22,218--$22,218
Depreciation Depletion$18,007--$18,007
Payroll Taxes$14,853--$14,853
Advertising$14,746--$14,746
Insurance$11,869--$11,869
Fees for Services Accounting$5,613--$5,613
Other Expenses$2,985--$2,985
Travel$1,218--$1,218
Total Functional Expenses$356,128$0$0$356,128
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$70,747
Fundraising Direct Expenses$28,050
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Awards Show$27,439$27,439$11,898$15,541
Golf Tournam$24,037$24,037$9,190$14,847
Total Events$70,747$70,747$28,050$42,697
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“No review was or will be conducted”

Officer director etc mailing address Part VI line 9

“Officers who cannot be reached: patrick stegall 2800 east race searcy ar 72143 steve foster 220 sibley lane searcy ar 72143 bill marion melanie parnell 319 n spruce searcy ar 72143 susannah streit 211 w arch seracy ar 72143 david wood 2401 w beebe capps justin lawson 1300 w beebe capps searcy ar 72143 phil miller 3214 e race searcy ar 72143 phillip mize 710 e booth john kilpatrick 200 mulberry searcy ar 72143 kayla osborne 200 w race searcy ar 72143 jeff spearn 400 e lincoln diane barrett 801 n elm searcy ar 72143 michael lincoln 300 n spruce searcy ar 72143”

Governing documents etc available to public Part VI line 19

“No documents avaiable to the public”

Filing and Contact Details

Filer

Filer Name
Searcy Regional Chamber of Commerce
EIN
71-0211148
In Care Of
% TARA CATHEY
Phone
5012682458
Address
2323 SOUTH MAIN, SEARCY, AR 72143

Signing Officer

Name
Tara Cathey
Title
President
Phone
5012682458
Signed
2025-05-06
Discuss with paid preparer
No

Organization Details

Formed
1988
Legal Domicile
Ar
Voting Board Members
26
Independent Board Members
26
Employees
4

Preparer

Firm
Curtis Williams Jr CPA Pa
Address
508 W PLEASURE AVENUE, Searcy, AR 72143
Preparer
Curtis Williams Jr CPA
Phone
5012792099
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“Building renovations - $35,326.96”

Raw XML AppendixShowing 400 of 502 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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