Civic Intelligence

Saline County Economic Development Corporation

EIN 71-0683553 • 501(c)6 • Benton, AR

Profile

To promote economic development in saline county arkansas

607 N Market StreetBenton, AR 72015

www.salinecountyeconomicdevelopment.co

Siviq Scores

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

Liabilities / Assets

57th percentile

0.01x

Higher debt load relative to assets than 57% of similar nonprofits.

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

Liabilities / Revenue

67th percentile

0.03x

Higher debt load relative to revenue than 67% of similar nonprofits.

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

Net Margin

79th percentile

18%

Higher net margin than 79% of similar nonprofits.

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

Top Officer Pay

96th percentile

$54,240

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 40.3% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

65th percentile

6.5%

Faster asset growth than 65% of similar nonprofits.

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

Revenue Growth

49th percentile

0.7%

Faster revenue growth than 49% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$379,333

Up $23,193 (+6.5%) from 2023

Liabilities

Up

$3,592

Up $303 (+9.2%) from 2023

Net Assets

Up

$375,741

Up $22,890 (+6.5%) from 2023

Operations
Liabilities / Revenue67th percentileNet Margin79th percentile

Revenue

Up

$125,855

Up $894 (+0.7%) from 2023

Expenses

Down

$102,965

Down $17,969 (-15%) from 2023

Net Income

Up

$22,890

Up $18,863 (+468%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

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

$600K$400K$200K$0Assets 2011: $279,926Net Assets 2011: $279,9262011Assets 2012: $276,988Net Assets 2012: $276,9882012Assets 2013: $257,256Net Assets 2013: $257,2562013Assets 2014: $308,759Liabilities 2014: $1,9532014Assets 2015: $406,659Liabilities 2015: $1,474Net Assets 2015: $405,1852015Assets 2016: $334,816Liabilities 2016: $1,474Net Assets 2016: $333,3422016Assets 2017: $335,893Liabilities 2017: $1,474Net Assets 2017: $334,4192017Assets 2018: $303,228Liabilities 2018: $1,474Net Assets 2018: $301,7542018Assets 2019: $309,010Liabilities 2019: $1,474Net Assets 2019: $307,5362019Assets 2020: $325,631Liabilities 2020: $3,492Net Assets 2020: $322,1392020Assets 2021: $333,803Liabilities 2021: $3,492Net Assets 2021: $330,3112021Assets 2022: $352,416Liabilities 2022: $3,592Net Assets 2022: $348,8242022Assets 2023: $356,140Liabilities 2023: $3,289Net Assets 2023: $352,8512023Assets 2024: $379,333Liabilities 2024: $3,592Net Assets 2024: $375,7412024

Highlighted filing

2024

Assets$379,333
Liabilities$3,592
Net Assets$375,741
Open 2024 Filing

Operations Trend

Revenue Growth49th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $156,129Expenses 2011: $113,556Net Income 2011: $42,5732011Revenue 2012: $155,775Expenses 2012: $158,713Net Income 2012: -$2,9382012Revenue 2013: $147,575Expenses 2013: $167,308Net Income 2013: -$19,7332013Revenue 2014: $178,577Expenses 2014: $129,027Net Income 2014: $49,5502014Revenue 2015: $193,499Expenses 2015: $95,120Net Income 2015: $98,3792015Revenue 2016: $147,834Expenses 2016: $219,677Net Income 2016: -$71,8432016Revenue 2017: $81,575Expenses 2017: $80,498Net Income 2017: $1,0772017Revenue 2018: $80,428Expenses 2018: $113,093Net Income 2018: -$32,6652018Revenue 2019: $108,608Expenses 2019: $102,826Net Income 2019: $5,7822019Revenue 2020: $108,394Expenses 2020: $93,791Net Income 2020: $14,6032020Revenue 2021: $121,497Expenses 2021: $113,325Net Income 2021: $8,1722021Revenue 2022: $134,483Expenses 2022: $115,970Net Income 2022: $18,5132022Revenue 2023: $124,961Expenses 2023: $120,934Net Income 2023: $4,0272023Revenue 2024: $125,855Expenses 2024: $102,965Net Income 2024: $22,8902024

Highlighted filing

2024

Revenue$125,855
Expenses$102,965
Net Income$22,890
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$379,333
Liabilities
$3,592
Net assets
$375,741
Revenue
$125,855
Expenses
$102,965
Net income
$22,890
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.79$0.04$3.76$1.26$1.03$0.23
2023Detailed filing. Detailed filing data is available for this year.$3.56$0.03$3.53$1.25$1.21$0.04
2022Detailed filing. Detailed filing data is available for this year.$3.52$0.04$3.49$1.34$1.16$0.19
2021Detailed filing. Detailed filing data is available for this year.$3.34$0.03$3.30$1.21$1.13$0.08
2020Detailed filing. Detailed filing data is available for this year.$3.26$0.03$3.22$1.08$0.94$0.15
2019Detailed filing. Detailed filing data is available for this year.$3.09$0.01$3.08$1.09$1.03$0.06
2018Detailed filing. Detailed filing data is available for this year.$3.03$0.01$3.02$0.80$1.13$0.33
2017Detailed filing. Detailed filing data is available for this year.$3.36$0.01$3.34$0.82$0.80$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.35$0.01$3.33$1.48$2.20$0.72
2015Detailed filing. Detailed filing data is available for this year.$4.07$0.01$4.05$1.93$0.95$0.98
2014Summary only. Only limited summary data is available for this year.$3.09$0.02$1.79$1.29$0.50
2013Detailed filing. Detailed filing data is available for this year.$2.57$2.57$1.48$1.67$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$2.77$1.56$1.59$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$2.80$1.56$1.14$0.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$125,855
Mission and Program Overview

Mission

To promote economic development in saline county, arkansas

Program Services

DescriptionGrantsExpenses
PROMOTING ECONOMIC DEVELOPMENT IN SALINE COUNTY, ARKANSAS--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAMONT CORNWELLExecutive Director-$54,240-$54,240
CHRISTY PETERSONSecretary-$1,440-$1,440
JORDAN WOOLBRIGHTTreasurer-$1,200-$1,200
SHANE BROADWAYPresidentPT$0--
JAMES ZAHNDExec. Committee Member At Large-$0--
DEE FISERExec. Committee Member At Large-$0--
BILL HOPEExec. Committee Member At Large-$0--
DAVID HOPKINSExec. Committee Member At Large-$0--
Filing and Contact Details

Filer

Filer Name
Saline County Economic Development Corporation
EIN
71-0683553
Phone
5018604007
Address
607 N MARKET STREET, BENTON, AR 72015

Signing Officer

Name
Lamont Cornwell
Title
Executive Director
Phone
5018604007
Signed
2025-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Jordan C Woolbright CPA Pa
Address
202 E CROSS STREET, BENTON, AR 72015
Preparer
Jordan Woolbright
Phone
5013156812
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Advertising and promotion 5929.”

Form 990EZ, Part I, Line 16

“Conference, travel, and meeting costs 13701.”

Form 990EZ, Part I, Line 16

“INSURANCE 1587.”

Form 990EZ, Part I, Line 16

“MEMBERSHIP DUES 15840.”

Form 990EZ, Part I, Line 16

“OFFICE SUPPLIES 329.”

Form 990EZ, Part I, Line 16

“WEBSITE EXPENSES 2007.”

Form 990EZ, Part II, Line 26

“Payroll tax liabilities 3289. 3592.”

Raw XML Appendix160 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BENTON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EXEC. COMMITTEE MEMBER AT LARGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EXEC. COMMITTEE MEMBER AT LARGE
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IRS990EZ/TotalExpensesAmt0102965
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING AND PROMOTION 5929.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFERENCE, TRAVEL, AND MEETING COSTS 13701.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSURANCE 1587.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERSHIP DUES 15840.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICE SUPPLIES 329.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WEBSITE EXPENSES 2007.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LAMONT CORNWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05018604007
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SALINE COUNTY ECONOMIC DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SALI
ReturnHeader/Filer/EIN0710683553
ReturnHeader/Filer/PhoneNum05018604007
ReturnHeader/Filer/USAddress/AddressLine1Txt0607 N MARKET STREET
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JORDAN WOOLBRIGHT
ReturnHeader/ReturnTs02025-11-12T13:50:47-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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