Liabilities / Assets
32nd percentile
Higher debt load relative to assets than 32% of similar nonprofits.
EIN 87-0696221 • 501(c)6 • Paragould, AR
Profile
BUSINESS DEVELOPMENT
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
32nd percentile
Higher debt load relative to assets than 32% of similar nonprofits.
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
28th percentile
Faster asset growth than 28% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Assets
Up$6,962,645
Up $4,395 (+0.1%) from 2023
Liabilities
Up$703,180
Up $548,429 (+354%) from 2023
Net Assets
Down$6,259,465
Down $544,034 (-8.0%) from 2023
Revenue
Down$772,825
Down $852,767 (-52%) from 2023
Expenses
Up$1,316,860
Up $1,077,907 (+451%) from 2023
Net Income
Down-$544,035
Down $1,930,674 (-139%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
BUSINESS DEVELOPMENT
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Inventories for Sale or Use | $5,416,767 | $3,393,835 | ▼ $2,022,932 |
| Land, Buildings, and Equipment, Net | - | $1,996,102 | - |
| Savings and Temporary Cash Investments | $924,736 | $899,325 | ▼ $25,411 |
| Other Notes and Loans Receivable, Net | $413,064 | $446,914 | ▲ $33,850 |
| Cash and Non-Interest-Bearing Accounts | $203,135 | $226,092 | ▲ $22,957 |
| Total Assets | $6,958,250 | $6,962,645 | ▲ $4,395 |
| Other Assets Total | $548 | $377 | ▼ $171 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $154,751 | $703,167 | ▲ $548,416 |
| Accounts Payable and Accrued Expenses | - | $13 | - |
| Total Liabilities | $154,751 | $703,180 | ▲ $548,429 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $6,803,499 | $6,259,465 | ▼ $544,034 |
| Total Net Assets Fund Balance | $6,803,499 | $6,259,465 | ▼ $544,034 |
| Total Liabilities and Net Assets / Fund Balance | $6,958,250 | $6,962,645 | ▲ $4,395 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,907,806 | $48,061 | $1,955,867 |
| Equipment | $88,296 | $22,072 | $110,368 |
| Name | Title |
|---|---|
| Lora Laubach | Chairman |
| Robert Thompson Iii | Past Chairman |
| Matthew Miller | Vice Chair |
| Blaine Nunn | Board Member |
| Brad Bloemer | Board Member |
| Brett Bradford | Board Member |
| Brock Atwill | Board Member |
| Debbie Smith | Board Member |
| Jake Bland | Board Member |
| Judge Rusty Mcmillon | Board Member |
| Mark Miller | Board Member |
| Randy Philhours | Board Member |
| Allison Hestand | Executive Director |
| Josh Agee | Secretarytreasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,316,860 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $908,756 | - | - | $908,756 |
| Depreciation Depletion | $70,133 | - | - | $70,133 |
| Advertising | $53,898 | - | - | $53,898 |
| Insurance | $51,259 | - | - | $51,259 |
| Interest | $27,143 | - | - | $27,143 |
| Occupancy | $11,781 | - | - | $11,781 |
| Travel | $4,722 | - | - | $4,722 |
| Other Expenses | $4,012 | - | - | $4,012 |
| Total Functional Expenses | $1,316,860 | $0 | $0 | $1,316,860 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Economic Development Corporation is a member organization. The only benefit of membership is involvement in the ecomomic development of the community.”
“Executive director reviews and signs the return”
“NO PAID EMPLOYEES”
“NO PAID EMPLOYEES”
“Available at office during normal business hours”
“ROUNDING”
“Other expenses include taxes, bank charges, contributions, contract labor and continuing education.”
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/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 13 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | BUSINESS DEVELOPMENT |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 53898 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 53898 |
| IRS990/AllOtherContributionsAmt | 0 | 42681 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 908756 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 908756 |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ALLISON HESTAND |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8702367684 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | P O BOX 124 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | PARAGOULD |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72450 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 203135 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 226092 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 733197 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 39628 |
| IRS990/CYOtherExpensesAmt | 0 | 1316860 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -544035 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1316860 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 772825 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 70133 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 70133 |
| IRS990/Desc | 0 | BUSINESS RECRUITMENT AND SUPPORT FOR PARAGOULD AND GREENE COUNTY |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1316860 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 13 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | RANDY PHILHOURS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MARK MILLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BLAINE NUNN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JUDGE RUSTY MCMILLON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BROCK ATWILL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JAKE BLAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BRETT BRADFORD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DEBBIE SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | BRAD BLOEMER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | ALLISON HESTAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JOSH AGEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | LORA LAUBACH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | ROBERT THOMPSON III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | MATTHEW MILLER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | SECRETARYTREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | PAST CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | VICE CHAIR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2003 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 5400 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GovernmentGrantsAmt | 0 | 620473 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 5400 |
| IRS990/GrossReceiptsAmt | 0 | 772825 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 14 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 51259 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 51259 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 27143 |
| IRS990/InterestGrp/TotalAmt | 0 | 27143 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 5416767 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 3393835 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 34228 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 34228 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/JointCostsInd | 0 | X |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 70133 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1996102 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 2066235 |
| IRS990/LegalDomicileStateCd | 0 | AR |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembershipDuesAmt | 0 | 70043 |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | BUSINESS DEVELOPMENT |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 154751 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 703167 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 6803499 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 6259465 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5400 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 5400 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 6803499 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 6259465 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 11781 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 11781 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 548 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 377 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 1 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROFESSIONAL SERVICE |
| IRS990/OtherExpensesGrp/Desc | 1 | REPAIRS |
| IRS990/OtherExpensesGrp/Desc | 2 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES & SUBS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 114481 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 34119 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 36556 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 4012 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 114481 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 34119 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 36556 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 4012 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 413064 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 446914 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1595935 |
| IRS990/PYInvestmentIncomeAmt | 0 | 29657 |
| IRS990/PYOtherExpensesAmt | 0 | 238953 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1386639 |
| IRS990/PYTotalExpensesAmt | 0 | 238953 |
| IRS990/PYTotalRevenueAmt | 0 | 1625592 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -544035 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 733287 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 924736 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 899325 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | false |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | true |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1907806 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 48061 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1955867 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 88296 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 22072 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 110368 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1996102 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Economic Development Corporation is a member organization. The only benefit of membership is involvement in the ecomomic development of the community. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXECUTIVE DIRECTOR REVIEWS AND SIGNS THE RETURN |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO PAID EMPLOYEES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NO PAID EMPLOYEES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | AVAILABLE AT OFFICE DURING NORMAL BUSINESS HOURS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | ROUNDING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | OTHER EXPENSES INCLUDE TAXES, BANK CHARGES, CONTRIBUTIONS, CONTRACT LABOR AND CONTINUING EDUCATION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Members or stockholder classes and rights Part VI line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other officer or key employee compensation Part VI line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Governing documents etc available to public Part VI line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Explanation of other changes in net assets or fund balances Part XI line 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | List of other expenses Part IX line 24e |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | AR |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 6958250 |
| IRS990/TotalAssetsEOYAmt | 0 | 6962645 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 6958250 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 6962645 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 733197 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1316860 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1316860 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 154751 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 703180 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 154751 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 703180 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 6803499 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 6259465 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1316860 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 39628 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 772825 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 6958250 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 6962645 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 4722 |
| IRS990/TravelGrp/TotalAmt | 0 | 4722 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 14 |
| IRS990/VotingMembersIndependentCnt | 0 | 14 |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ALLISON HESTAND |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8701367684 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ECONOMIC DEVELOPMENT CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ECON |
| ReturnHeader/Filer/EIN | 0 | 870696221 |
| ReturnHeader/Filer/InCareOfNm | 0 | % ALLISON HESTAND |
| ReturnHeader/Filer/PhoneNum | 0 | 8702367684 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | P O BOX 124 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PARAGOULD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 72450 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 431508762 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Scherer Grayham & Clark LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO Box 1305 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Paragould |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 72451 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8702366946 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-06-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RAY GRAYHAM CPA |
| ReturnHeader/ReturnTs | 0 | 2025-06-25T16:48:10-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
No mirrored PDF or thumbnail assets are attached yet.