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EIN 71-0537626

South Arkansas Venture Enterprises

IRS 501(c) type
501(c)(4)
Num. employees
0
City
Pine Bluff
State
Arkansas
Year formed
1979
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
The rlf program was created to assist eligible small businesses in Arkansas, ashley, bradley, chicot, cleveland, desha, drew, grant, jefferson, and lincoln counties by providing gap financing with low interest rates and favorable terms. Revolving loan funds established to strengthen the economic base of a 22 county area by making loans to qualified entities for the establishment and expansion of small businesses. Loan funds established to strengthen the economic base of a 22 county area by making loans to qualified entities for the establishment and expansion of small businesses.
Related structure
South Arkansas Venture Enterprises is a subordinate organization under Southeast Ark Economic Development District.
Total revenues
$206,930
2023
Total expenses
$303,105
2023
Total assets
$2,998,107
2023
Num. employees
0
2023

Program areas at South Arkansas Venture Enterprises

Granted over $423,000 worth of loans for our district area. Development by providing debt financing to businesses in southeast Arkansas

Personnel at South Arkansas Venture Enterprises

NameTitleCompensation
Patrecia HargroveExecutive Director$0
Payton BurgessDirector of Finance and Human Resources Officer
Chaketa AlexanderDirector of Workforce Development
Gary GoggansWioa Area Manager
Joe FakouriVice President / Board Member$0
...and 11 more key personnel

Financials for South Arkansas Venture Enterprises

RevenuesFYE 12/2023
Total grants, contributions, etc.$110,000
Program services$96,805
Investment income and dividends$125
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$206,930

Form 990s for South Arkansas Venture Enterprises

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122024-07-30990View PDF
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-29990View PDF
...and 10 more Form 990s
Data update history
September 22, 2024
Used new vendors
Identified 1 new vendor, including
February 29, 2024
Updated personnel
Identified 3 new personnel
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 3 new personnel
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsChapter / child organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingNo full-time employees
General information
Address
721 S Walnut St
Pine Bluff, AR 71601
Metro area
Pine Bluff, AR
County
Jefferson County, AR
Website URL
southeastarkansas.org/ 
Phone
(870) 536-1971
IRS details
EIN
71-0537626
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
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