2025-09-30T13:32:54-05:00 2024-12-31 710355269 LANDMARK PLC CPAS 200 W CAPITOL AVE SUITE 1700 LITTLE ROCK AR 72201 990 2024-01-01 581766093 SOUTHERN BANCORP CAPITAL PARTNERS SOUT 8702461026 400 HARDIN RD 100 LITTLE ROCK AR 72211 KENYA DAVENPORT PRESIDENT 8702461026 2025-09-25 1 0 RANDY L MILLIGAN CPA P00943582 5013752025 2024 2025-03-06 01:10:19Z SOUTHERN BANCORP COMMUNITY PARTNERS KENYA DAVENPORT 400 HARDIN RD 100 LITTLE ROCK AR 72211 4421710 0 X WWW.SOUTHERNPARTNERS.ORG X 1987 AR CREATING ECONOMIC OPPORTUNITIES IN DISTRESSED RURAL COMMUNITIES. 8 8 12 0 0 0 5625134 3007343 1269601 1185170 202088 229197 -13942 -14297 7082881 4407413 395305 332146 0 0 980543 859627 0 0 60545 2253632 2517845 3629480 3709618 3453401 697795 43927370 48993651 12163768 16532254 31763602 32461397 CREATING ECONOMIC OPPORTUNITIES IN DISTRESSED RURAL COMMUNITIES. 0 0 2068814 166073 1175890 SOUTHERN BANCORP COMMUNITY PARTNERS PROGRAMS PROVIDE COMMUNITY DEVELOPMENT SERVICES TO DISADVANTAGED RURAL COMMUNITIES. 671651 166073 9280 SOUTHERN BANCORP COMMUNITY PARTNERS PROGRAMS AND GRANTS PROVIDE ASSET BUILDING SERVICES TO DISADVANTAGED RURAL COMMUNITIES. 2740465 1 1 0 1 0 0 0 0 1 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 71 0 1 12 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AR MS X MARY BELL 8702461026 605 MAIN STREET SUITE 203 ARKADELPHIA AR 71923 DONNA GAMBRELL CHAIR 1.00 X X 2000 0 0 CLARK TENNYSON DIRECTOR 1.00 X 2000 0 0 RAYMOND CHRISTMAN DIRECTOR 1.00 X 2000 0 0 DARRYL SWINTON DIRECTOR 1.00 X 2000 0 0 TOM PITTMAN DIRECTOR 1.00 X 2000 0 0 AURELIA JONES-TAYLOR DIRECTOR 1.00 X 2000 0 0 DARRIN WILLIAMS DIRECTOR 10.00 X 0 0 0 HENRY TORRES DIRECTOR 1.00 X 0 0 0 AMANDA JOHNSON VICE CHAIR 1.00 X X 2000 0 0 KENYA DAVENPORT PRESIDENT - INCOMING 40.00 X 0 0 0 RALPH BROWN HIGHLY COMPENSATED EMPLOYE 40.00 X 168739 0 18352 182739 0 18352 1 0 1 0 SOUTHERN BANCORP INC 400 HARDIN ROAD SUITE 100 LITTLE ROCK AR 72211 MGMT/HR/ACCT/OTHER 621396 1 81511 2925832 3007343 INTEREST INCOME - LOAN 900099 1160848 1160848 FEE INCOME 900099 24322 24322 1185170 229197 229197 14297 -14297 -14297 -14297 4407413 1185170 0 214900 332146 332146 710403 710403 37079 37079 63575 63575 48570 48570 792779 332660 399574 60545 203058 203058 25934 25934 78998 21634 57364 16826 16826 102199 93110 9089 35055 33289 1766 41023 41023 199482 199482 BAD DEBT 965000 965000 BOARD EXPENSES 26361 374 25987 STAFF DEVELOPMENT 22523 15349 7174 DUES AND SUBSCRIPTIONS 8607 3493 5114 3709618 2740465 908608 60545 4033295 4553490 9213113 15230125 185511 440892 18923475 17176883 143553 58703 121253 121253 0 0 11318132 11447667 110291 85891 43927370 48993651 484100 417068 71399 61936 11495359 15795228 112910 258022 12163768 16532254 X 28563602 29007848 3200000 3453549 31763602 32461397 43927370 48993651 697795 0 X 0 1 X 1 1 1 X 6875367 4823688 2373326 5625134 3007343 22704858 6875367 4823688 2373326 5625134 3007343 22704858 6394813 16310045 10527 49504 106432 202088 229197 597748 23302606 5358132 0.69990 0.70700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 25934 0 0 25934 0 PART II-B, LINE 1: SOUTHERN, IN CONJUNCTION WITH ITS CONTRACT LOBBYIST, CONTINUED TO ENGAGE MISSISSIPPI LEGISLATORS TO EDUCATE THEM ABOUT THE BENEFITS OF STATE INDIVIDUAL DEVELOPMENT ACCOUNTS PROGRAM (IDA) USING TANF MATCHING FUNDS. SOUTHERN, IN COLLABORATION WITH THE COMMUNITY DEVELOPMENT BANKERS ASSOCIATION (CDBA), ENGAGED LEGISLATORS FROM ARKANSAS AND MISSISSIPPI TO ADVOCATE FOR CONTINUED SUPPORT OF FISCAL YEAR 2025 APPROPRIATIONS TO THE U.S. DEPARTMENT OF THE TREASURY'S COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFI) FUND. ADDITIONALLY, SOUTHERN PROVIDED CONSTRUCTIVE FEEDBACK TO THE CDFI FUND STAFF REGARDING THEIR MOST RECENT RECERTIFICATION APPLICATION, CONTRIBUTING TO EFFORTS TO STRENGTHEN THE PROGRAM'S EFFECTIVENESS AND ACCESSIBILITY. 0 1 X 121253 121253 0 0 INVESTMENT IN SOUTHERN BANCORP 10950476 F INVESTMENT IN FHLBD 31800 F OTHER INVESTMENTS 465391 F 11447667 AGENCY ARRANGEMENT LIABILITY 26026 REFUNDABLE ADVANCES 231996 258022 X 4421710 14297 14297 4407413 0 4407413 3723915 14297 14297 3709618 0 3709618 PART IV, LINE 2B: SBCP COLLECTS ESCROW PAYMENT FROM ITS LOAN CUSTOMERS ON A MONTHLY BASIS. SBCP PAYS ALL REQUIRED VENDORS FOR PROPERTY TAXES AND INSURANCE. PART X, LINE 2: SBCP IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE CODE). ACCOUNTING STANDARDS REQUIRE THE SBCP TO EVALUATE TAX POSITIONS AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF SBCP HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. SBCP HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE THE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SBCP MAY BE SUBJECT TO AUDIT BY THE INTERNAL REVENUE SERVICE; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 14,297. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 14,297. 1 ARKADELPHIA PROMISE FOUNDATION 235 NORTH 11TH STREET ARKADELPHIA AR 71923 273981892 501(C)(3) 332146 0 EDUCATION SCHOLARSHIPS PART I, LINE 2: SBCP REQUIRES RECIPIENT ORGANIZATION OF EDUCATIONAL SCHOLARSHIPS TO PRESENT AT LEAST ANNUAL REPORTS. 0 0 0 0 0 0 0 0 0 RALPH BROWN HIGHLY COMPENSATED EMPLOYE 168739 0 0 0 0 0 10124 0 8228 0 187091 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST DRAFTED BY THE ORGANIZATION'S EXTERNAL ACCOUNTING FIRM AND THE DIRECTOR OF FINANCE. ONCE THE DRAFT IS COMPLETE, IT IS GIVEN TO THE ORGANIZATION'S PRESIDENT, THE BOARD FINANCE COMMITTEE, AND THE GOVERNING BODY FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE ORGANIZATION'S HUMAN RESOURCE DEPARTMENT. IF THERE ARE ANY SIGNS OF A VIOLATION, THEY ARE DEALT WITH IMMEDIATELY FOR RESOLUTION. THE SBCP BOARD OF DIRECTORS SIGN A CONFLICT OF INTEREST AGREEMENT ANNUALLY. THE FORMS ARE REVIEWED FOR ANY CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL REVIEWS ARE PERFORMED AT THE END OF EACH YEAR ON ALL EXECUTIVES, OFFICERS, AND EMPLOYEES OF THE ORGANIZATION. THE REVIEWS ARE ADMINISTERED BY THE ORGANIZATION'S HUMAN RESOURCES DEPARTMENT AND ARE USED TO DETERMINE COMPENSATION ADJUSTMENTS. EACH EMPLOYEE IS REVIEWED BY HIS/HER IMMEDIATE SUPERVISOR BASED ON PERFORMANCE THROUGHOUT THE YEAR. THE CEO/PRESIDENT'S COMPENSATION IS REVIEWED BY HIS/HER SUPERVISOR AND THE SBCP BOARD OF DIRECTORS. OTHER OFFICERS AND KEY EMPLOYEES' COMPENSATION ARE REVIEWED BY THE CEO. ONCE THE REVIEWS ARE APPROVED, SALARIES ARE ADJUSTED BASED OFF OF EXTERNAL COMPENSATION SURVEYS AND REPORTS. THE LAST REVIEW WAS CONDUCTED IN 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION CURRENTLY DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC.