Civic Intelligence

Searcy Regional Economic Developmen

EIN 71-6057382 • 501(c)6 • Searcy, AR

Profile

To promote growth in existing industry and recruit new industries for the benefit of the city of searcy arkansas

2323 South MainSearcy, AR 72143
Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Higher debt load relative to assets than 13% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

22nd percentile

0.02x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

1st percentile

-84%

Higher net margin than 1% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

26th percentile

-2.3%

Faster asset growth than 26% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-92%

Faster revenue growth than 1% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets13th percentile

Assets

Up

$3,517,598

Up $148,807 (+4.4%) from 2023

Liabilities

Down

$200

Down $1,529 (-88%) from 2023

Net Assets

Up

$3,517,398

Up $150,336 (+4.5%) from 2023

Operations
Liabilities / Revenue22nd percentileNet Margin1st percentile

Revenue

Up

$483,415

Up $385,102 (+392%) from 2023

Expenses

Up

$402,515

Up $221,640 (+123%) from 2023

Net Income

Up

$80,900

Up $163,462 (+198%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth26th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,703,439Liabilities 2011: $8,000Net Assets 2011: $1,695,4392011Assets 2012: $1,715,648Liabilities 2012: $4,750Net Assets 2012: $1,710,8982012Assets 2013: $1,785,000Liabilities 2013: $250Net Assets 2013: $1,784,7502013Assets 2014: $1,826,633Liabilities 2014: $2,750Net Assets 2014: $1,823,8832014Assets 2015: $1,922,533Liabilities 2015: $9,500Net Assets 2015: $1,913,0332015Assets 2016: $2,119,453Liabilities 2016: $4,974Net Assets 2016: $2,114,4792016Assets 2017: $2,052,561Liabilities 2017: $7,933Net Assets 2017: $2,044,6282017Assets 2018: $2,080,516Liabilities 2018: $2,480Net Assets 2018: $2,078,0362018Assets 2019: $2,539,305Liabilities 2019: $2,720Net Assets 2019: $2,536,5852019Assets 2020: $2,408,865Liabilities 2020: $20,550Net Assets 2020: $2,388,3152020Assets 2021: $2,433,774Liabilities 2021: $20,355Net Assets 2021: $2,413,4192021Assets 2022: $3,449,624Liabilities 2022: $0Net Assets 2022: $3,449,6242022Assets 2023: $3,368,791Liabilities 2023: $1,729Net Assets 2023: $3,367,0622023Assets 2024: $3,517,598Liabilities 2024: $200Net Assets 2024: $3,517,3982024

Highlighted filing

2024

Assets$3,517,598
Liabilities$200
Net Assets$3,517,398
Open 2024 Filing

Operations Trend

Revenue Growth1st percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $134,832Expenses 2011: $190,025Net Income 2011: -$55,1932011Revenue 2012: $147,856Expenses 2012: $132,397Net Income 2012: $15,4592012Revenue 2013: $155,805Expenses 2013: $81,953Net Income 2013: $73,8522013Revenue 2014: $122,624Expenses 2014: $83,491Net Income 2014: $39,1332014Revenue 2015: $234,627Expenses 2015: $145,477Net Income 2015: $89,1502015Revenue 2016: $338,121Expenses 2016: $136,675Net Income 2016: $201,4462016Revenue 2017: $8,965Expenses 2017: $78,816Net Income 2017: -$69,8512017Revenue 2018: $108,613Expenses 2018: $75,205Net Income 2018: $33,4082018Revenue 2019: $590,760Expenses 2019: $132,211Net Income 2019: $458,5492019Revenue 2020: $8,495Expenses 2020: $156,765Net Income 2020: -$148,2702020Revenue 2021: $92,792Expenses 2021: $88,237Net Income 2021: $4,5552021Revenue 2022: $1,186,211Expenses 2022: $143,263Net Income 2022: $1,042,9482022Revenue 2023: $98,313Expenses 2023: $180,875Net Income 2023: -$82,5622023Revenue 2024: $483,415Expenses 2024: $402,515Net Income 2024: $80,9002024

Highlighted filing

2024

Revenue$483,415
Expenses$402,515
Net Income$80,900
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$3,517,598
Liabilities
$200
Net assets
$3,517,398
Revenue
$483,415
Expenses
$402,515
Net income
$80,900
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.52$0.00$3.52$0.48$0.40$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.37$0.00$3.37$0.10$0.18$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.45$0.00$3.45$1.19$0.14$1.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.43$0.02$2.41$0.09$0.09$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.02$2.39$0.01$0.16$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.54$0.00$2.54$0.59$0.13$0.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.00$2.08$0.11$0.08$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.01$2.04$0.01$0.08$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.00$2.11$0.34$0.14$0.20
2015Summary only. Only limited summary data is available for this year.$1.92$0.01$1.91$0.23$0.15$0.09
2014Summary only. Only limited summary data is available for this year.$1.83$0.00$1.82$0.12$0.08$0.04
2013Summary only. Only limited summary data is available for this year.$1.79$0.00$1.78$0.16$0.08$0.07
2012Summary only. Only limited summary data is available for this year.$1.72$0.00$1.71$0.15$0.13$0.02
2011Summary only. Only limited summary data is available for this year.$1.70$0.01$1.70$0.13$0.19$0.06
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 18, 2023
Return Version
2022v5.0
Gross Receipts
$2,578,400
Mission and Program Overview

Mission

To promote growth in existing industry and recruit new industries for the benefitof the city of Searcy, Arkansas.

To promote growth in existing industry and recruit new industries for the benefit of the city of searcy arkansas

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,763,620$3,439,872▲ $1,676,252
Land, Buildings, and Equipment, Net$670,152--
Accounts Receivable-$9,750-
Total Assets$2,433,774$3,449,624▲ $1,015,850
Other Assets Total$2$2→ $0
Liabilities
Accounts Payable and Accrued Expenses$20,355--
Total Liabilities$20,355$0▼ $20,355
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,413,419$3,449,624▲ $1,036,205
Total Net Assets Fund Balance$2,413,419$3,449,624▲ $1,036,205
Total Liabilities and Net Assets / Fund Balance$2,433,774$3,449,624▲ $1,015,850

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Ricky FloydPresident
Adam HartBoard Member
Bryan BurksBoard Member
David EvansBoard Member
Donnie MillerBoard Member
Kyle OsborneBoard Member
Matt FaulknerBoard Member
Michael LincolnBoard Member
Phil MillerBoard Member
Phillip HaysBoard Member
Reynie RutledgeBoard Member
Steven CollierBoard Member
Ross RidoutTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,977
Program Service Revenue
$0
Investment Income
$1,094,412
Other Revenue
$74,822
Change in Net Assets
$1,042,948
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$143,263
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$66,617--$66,617
Depreciation Depletion-$12,785-$12,785
Conferences and Meetings$8,211--$8,211
Fees for Services Accounting$2,900--$2,900
Other Expenses$550--$550
Total Functional Expenses$130,478$12,785$0$143,263
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Audit committee
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

“Directors will review form 990 in board meeting before return is filed.”

Governing documents etc available to public Part VI line 19

“Public may view documents upon request”

Filing and Contact Details

Filer

Filer Name
Searcy Regional Economic Developmen
EIN
71-6057382
Address
2323 SOUTH MAIN, SEARCY, AR 72143

Signing Officer

Name
Buck Layne
Title
President
Phone
5012682458
Signed
2023-07-18
Discuss with paid preparer
No

Organization Details

Formed
1955
Legal Domicile
Ar
Voting Board Members
13
Independent Board Members
0
Employees
0

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

“Taxes, misc exp, insurance-other”

Raw XML Appendix351 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt020355
IRS990/AccountsReceivableGrp/EOYAmt09750
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE GROWTH IN EXISTING INDUSTRY AND RECRUIT NEW INDUSTRIES FOR THE BENEFIT OF THE CITY OF SEARCY ARKANSAS
IRS990/AllOtherExpensesGrp/ProgramServicesAmt066617
IRS990/AllOtherExpensesGrp/TotalAmt066617
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0BUCK LAYNE
IRS990/BooksInCareOfDetail/PhoneNum05012682458
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02323 SOUTH MAIN
IRS990/BooksInCareOfDetail/USAddress/CityNm0SEARCY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd072143
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01763620
IRS990/CashNonInterestBearingGrp/EOYAmt03439872
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt08211
IRS990/ConferencesMeetingsGrp/TotalAmt08211
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt016977
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01094412
IRS990/CYOtherExpensesAmt0143263
IRS990/CYOtherRevenueAmt074822
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01042948
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0143263
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01186211
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt012785
IRS990/DepreciationDepletionGrp/TotalAmt012785
IRS990/Desc0PROMOTING NEW INDUSTRIES
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0130478
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02900
IRS990/FeesForServicesAccountingGrp/TotalAmt02900
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0KYLE OSBORNE
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL LINCOLN
IRS990/Form990PartVIISectionAGrp/PersonNm2ADAM HART
IRS990/Form990PartVIISectionAGrp/PersonNm3DONNIE MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm4STEVEN COLLIER
IRS990/Form990PartVIISectionAGrp/PersonNm5PHILLIP HAYS
IRS990/Form990PartVIISectionAGrp/PersonNm6PHIL MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm7MATT FAULKNER
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm9REYNIE RUTLEDGE
IRS990/Form990PartVIISectionAGrp/PersonNm10BRYAN BURKS
IRS990/Form990PartVIISectionAGrp/PersonNm11ROSS RIDOUT
IRS990/Form990PartVIISectionAGrp/PersonNm12RICKY FLOYD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01955
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt02464602
IRS990/GainOrLossGrp/SecuritiesAmt0-1389661
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02464602
IRS990/GrossReceiptsAmt02578400
IRS990/GrossRentsGrp/RealAmt077350
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt019471
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019471
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0670152
IRS990/LegalDomicileStateCd0AR
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01389661
IRS990/LessRentalExpensesGrp/RealAmt02528
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt016977
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE GROWTH IN EXISTING INDUSTRY AND RECRUIT NEW INDUSTRIES FOR THE BENEFIT OF THE CITY OF SEARCY ARKANSAS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02413419
IRS990/NetAssetsOrFundBalancesEOYAmt03449624
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt01074941
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01074941
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt074822
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt074822
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02413419
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03449624
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02
IRS990/OtherAssetsTotalGrp/EOYAmt02
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE FEES
IRS990/OtherExpensesGrp/Desc1EVENT PROMOTION
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP DUES
IRS990/OtherExpensesGrp/ProgramServicesAmt051900
IRS990/OtherExpensesGrp/ProgramServicesAmt1300
IRS990/OtherExpensesGrp/ProgramServicesAmt2550
IRS990/OtherExpensesGrp/TotalAmt051900
IRS990/OtherExpensesGrp/TotalAmt1300
IRS990/OtherExpensesGrp/TotalAmt2550
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PriorPeriodAdjustmentsAmt0-6743
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt018204
IRS990/PYInvestmentIncomeAmt010464
IRS990/PYOtherExpensesAmt088237
IRS990/PYOtherRevenueAmt064124
IRS990/PYRevenuesLessExpensesAmt04555
IRS990/PYTotalExpensesAmt088237
IRS990/PYTotalRevenueAmt092792
IRS990/ReconcilationRevenueExpnssAmt01042948
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt074822
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BACKUP WITHHOLDING
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIRECTORS WILL REVIEW FORM 990 IN BOARD MEETING BEFORE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PUBLIC MAY VIEW DOCUMENTS UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TAXES, MISC EXP, INSURANCE-OTHER
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02433774
IRS990/TotalAssetsEOYAmt03449624
IRS990/TotalAssetsGrp/BOYAmt02433774
IRS990/TotalAssetsGrp/EOYAmt03449624
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt016977
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012785
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0130478
IRS990/TotalFunctionalExpensesGrp/TotalAmt0143263
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020355
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt020355
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02413419
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03449624
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0130478
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01169234
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01186211
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02433774
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03449624
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0BUCK LAYNE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05012682458
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SEARCY REGIONAL ECONOMIC DEVELOPMEN
ReturnHeader/Filer/BusinessNameControlTxt0SEAR
ReturnHeader/Filer/EIN0716057382
ReturnHeader/Filer/USAddress/AddressLine1Txt02323 SOUTH MAIN
ReturnHeader/Filer/USAddress/CityNm0SEARCY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072143
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452135209
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CURTIS WILLIAMS JR CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0508 W PLEASURE AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Searcy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072143
ReturnHeader/PreparerPersonGrp/PhoneNum05012792099
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CURTIS WILLIAMS JR CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-08-29T15:04:51-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BUCK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LAYNE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.