Program areas at East Arkansas Business Development Council
Jonesboro unlimited division - the purposes of the corporation are to engage in activities designed to assist in the Development of businesses in the eastern Arkansas area; to provide and promote educational opportunities to members and potential members of the work force in the eastern Arkansas area; and to aid, assist and foster the Development and improvement of jonesboro, Arkansas, and other communities in the eastern Arkansas area, all such activities to be performed either alone or in a cooperation and coordination with governmental and civic bodies in an effort to combat community deterioration and secure adequate community facilities, services and conditions, economic and otherwise.
Educational training division - approximately 12 local industries participate in retraining their existing workforces through classes.
Grants made by East Arkansas Business Development Council
Who funds East Arkansas Business Development Council
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Baptist Memorial Hospital- Jonesboro | 2023-09 | General Support | $20,000 |
| Arvest Foundation | 2023-12 | To Support the Economic Development Initiatives of Jonesboro Unlimited, Including, But Not Limited To, Business Growth and Innovation, Talent Attraction, Quality of Life and Infrastructure, and Branding and Marketing. | $10,000 |
Personnel at East Arkansas Business Development Council
| Name | Title | Compensation | Date of data |
|---|
| Chris Barber | Chairman | $0 | 2023-11-07 |
| Mark Young | President | $0 | 2022-12-31 |
| Sam Hummelstein | Secretary | $0 | 2016-12-31 |
| Bob Schuchardt | Vice President | $0 | 2016-12-31 |
Financials for East Arkansas Business Development Council
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $2,481,886 | $636,831 | 289.7% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $18,798 | $19,321 | -2.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-9,661 | $25,837 | -137.4% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $2,491,023 | $681,989 | 265.3% |
Organizations like East Arkansas Business Development Council
| Organization | Type | Location | Revenue |
|---|
| Hispanic Business Association / The Northeast Ohio Hispanic Center for Economic Development | 501(c)(3) | Cleveland, OH | $2,005,357 |
| New Mexico MEP | 501(c)(3) | Albuquerque, NM | $2,640,568 |
| New Jersey Manufacturing Extension Program Incorporated | 501(c)(3) | Cedar Knolls, NJ | $10,234,669 |
| NCW Technology Alliance | 501(c)(3) | Wenatchee, WA | $931,171 |
| Catalyst Connection | 501(c)(3) | Pittsburgh, PA | $9,741,282 |
| California Center for Cooperation Development | 501(c)(3) | Davis, CA | $893,855 |
| Employers' Forum of Indiana | 501(c)(3) | Carmel, IN | $1,214,861 |
| Association of Early Learning Coalitions | 501(c)(3) | Tallahassee, FL | $675,598 |
| BioOhio | 501(c)(3) | Columbus, OH | $649,833 |
| Pittsburgh Business Group on Health | 501(c)(3) | Pittsburgh, PA | $884,092 |
Data update history
January 10, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 22, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Trade associationsBusiness and community development organizationsCharities
Issues
Economic developmentBusiness and industry
Characteristics
State / local levelTax deductible donations
General information
- Address
- PO Box 789
- Jonesboro, AR 72403
- Metro area
- Jonesboro, AR
- County
- Craighead County, AR
- Phone
- (870) 935-2871
IRS details
- EIN
- 71-0655498
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1987
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S40: Business and Industry
- NAICS code, primary
- 813910: Trade Associations
- Parent/child status
- Independent
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