Nonprofit · EIN 71-0655498
EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC
Also known as JONESBORO UNLIMITED
Tax-exempt · JONESBORO, AR 72401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $185,311 | $828,463 | -$643,152 | $3,650,958 | $129,718 | $3,521,240 |
| December 31, 2023 | 990 | $152,043 | $650,042 | -$497,999 | $4,262,449 | $160,452 | $4,101,997 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $117,846
- Membership dues
- $27,000
- Program service revenue
- $2,000
- Investment income
- $65,465
- Net gain from sales of assets
- $15,974
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $51,800
- Other salaries and wages
- $356,591
- Salaries, compensation and benefits (total)
- $402,361
- Professional fundraising fees
- $0
- Accounting fees
- $25,858
- Travel
- $41,012
- Depreciation
- $20,167
- Program services (functional)
- $752,277
- Management and general (functional)
- $76,186
Balance sheet and other
- Total assets, start of year
- $4,262,449
- Total assets, end of year
- $3,650,958
- Total liabilities, end of year
- $129,718
- Net assets, end of year
- $3,521,240
- Land, buildings and equipment
- $582,975
- Publicly traded securities
- $883,611
- Net assets without donor restrictions
- $3,521,240
- Gross receipts
- $185,311
- Employees
- 5
- Volunteers
- 27
- Year formed
- 1987
- State of legal domicile
- AR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS BARBER | CHAIRMAN Trustee or director | 0 | $0 |
| RODGER HURT | VICE CHAIRMAN Trustee or director | 0 | $0 |
| BRAD EDWARDS | TREASURER Trustee or director | 0 | $0 |
| MURRAY BENTON | BOARD Trustee or director | 0 | $0 |
| ALAN MORSE | BOARD Trustee or director | 0 | $0 |
| MARK YOUNG | BOARD Trustee or director, Officer | 0 | $0 |
| JAMES BEST | BOARD Trustee or director | 0 | $0 |
| TONY SUPINE | BOARD Trustee or director | 0 | $0 |
| DAVID PEACOCK | SECRETARY Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS BARBER | CHAIRMAN Trustee or director | 0 | $0 |
| RODGER HURT | VICE CHAIRMAN Trustee or director | 0 | $0 |
| BRAD EDWARDS | TREASURER Trustee or director | 0 | $0 |
| MURRAY BENTON | BOARD Trustee or director | 0 | $0 |
| ALAN MORSE | BOARD Trustee or director | 0 | $0 |
| MARK YOUNG | BOARD Trustee or director, Officer | 0 | $0 |
| JAMES BEST | BOARD Trustee or director | 0 | $0 |
| TONY SUPINE | BOARD Trustee or director | 0 | $0 |
| DAVID PEACOCK | SECRETARY Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1709 E NETTLETON AVE, JONESBORO, AR 72401-5165
- In care of
- % SHERRY STRINGER
- Principal officer (990 for 2024)
- CHRIS BARBER, PO BOX 4060, JONESBORO, AR 72403
- Signed the 990
- CHRIS BARBER, CHAIRMAN
- Phone
- (870) 935-2871
- Return prepared by
- HCJ CPAS & ADVISORS PLLC
Mission
TO ASSIST IN THE DEVELOPMENT OF BUSINESS IN THE EASTERN ARKANSAS AREA
Program accomplishments
- 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.Expenses $700,477 · grants $51,800
- EDUCATIONAL TRAINING DIVISION - APPROXIMATELY 12 LOCAL INDUSTRIES PARTICIPATE IN RETRAINING THEIR EXISTING WORKFORCES THROUGH CLASSES.Expenses $51,800
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 71-0655498
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,650,958
- Income (IRS master file)
- $185,311
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $185,311 | $828,463 | $3,650,958 | XML |
| 990 | December 2023 | $152,043 | $650,042 | $4,262,449 | XML |
| 990 | December 2022 | $2,491,023 | $894,773 | $4,552,650 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 71-0655498).
Questions about EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC
- What is the EIN of EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC?
- The employer identification number (EIN) of EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC is 71-0655498.
- Is EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC?
- The 990 for the year ended December 31, 2024 names CHRIS BARBER.
- Who are the officers and directors of EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does EAST ARKANSAS BUSINESS DEVELOPMENT COUNCIL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $185,311, expenses of $828,463 and total assets of $3,650,958 at year end.
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