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Black River Area Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 710387337 ✦ Pocahontas, AR ✦ Designated as a 501(c)(3)

Overview

What is Black River Area Development Corp?

Black River Area Development Corp is a nonprofit organization located in Pocahontas, Arkansas, specifically at 1403 Hospital Drive. Its primary mission is to aid and assist the regions of Lawrence, Randolph, and Clay Counties in developing programs under the Economic Opportunity Act of 1964 Congress. The corporation plays a crucial role in procuring, organizing, coordinating, and supervising various projects of various causes and kinds that become available to these regions. The organization employs a team of 237 individuals, demonstrating its commitment to contributing to the growth and development of these counties.


Is Black River Area Development Corp legitimate?

Black River Area Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black River Area Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $104,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,066,789

For more financial information, click here


What is the mission statement of Black River Area Development Corp?
What is the revenue of Black River Area Development Corp?
Who are the executives of Black River Area Development Corp and what are their salaries?
Where can I find the form 990 for Black River Area Development Corp?

Mission Statement of Black River Area Development Corp

Black River Area Development Corp, a nonprofit organization, is committed to aiding and assisting the regions of Lawrence, Randolph, and Clay Counties in the development of programs. This mission is in line with the Economic Opportunity Act of 1964 Congress. The corporation's role extends beyond just development; it also assists in procuring, organizing, coordinating, and supervising projects of various causes and kinds that may become available to these regions or areas. By doing so, Black River Area Development Corp aims to contribute to the betterment and progress of these communities.

Impact

This information is meant to be a general summary of Black River Area Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Black River Area Development Corp works to aid and assist the area regions of Lawrence, Randolph, and Clay counties in developing programs under and pursuant to the Economic Opportunity Act of the 1964 Congress. The organization is dedicated to assisting in the procurement, organization, coordination, and supervision of projects of any and all causes or kinds which may become available to any part or all of such regions. This work is crucial in promoting community improvement and supporting economic development in the designated areas.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $-21,725
  • Program Service Revenue: $312,516
  • Gross Receipts: $11,750,431

    • Assets and Liabilities:
  • Total Assets: $9,745,505
  • Total Liabilities: $2,791,760
  • Net Assets: $6,953,745
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOCAL RESOURCE INCOME

    Revenue

    $58,205

    MEDICAID REVENUE

    Revenue

    $77,282

    PROGRAM INCOME

    Revenue

    $177,029

    Organization Details

    Founding Year

    1966

    Main Address

    1403 HOSPITAL DRIVE, POCAHONTAS, AR, 72455

    NTEE Category

    Code: S32Z - Community improvement

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