SOUTHEAST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC Charity Report

Public IRS 990 nonprofit record

SOUTHEAST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC

EIN 71-0397601 · Community Improvement & Capacity Building (S30Z)

What they do

to ADMINISTER VARIOUS FEDERAL PROGRAMS, PRIMARILY UNDER THE JOB TRAINING PARTNERSHIP ACT, for THE PURPOSE of ASSISTING THE EMPLOYMENT and DEVELOPMENT of ECONOMICALLY DISADVANTAGED INDIVIDUALS and BUSINESSES. THE ORGANIZATION ALSO ASSISTS IN ECONOMIC DEVELOPMENT ACTIVITIES UNDER THE ECONOMIC DEVELOPMENT ADMINISTRATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $46.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders54 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

50.42%of revenue went to mission work46.5% of expenses · Program services

$108.54spent for every $100 of revenueSpending was higher than revenue this year.

58.12%of revenue went to management and office costs53.5% of expenses

$2.46in assets for every $1 spent this yearSome assets cannot be spent right away.

76.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $405,570 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $111,081 for PATRECIA HARGROVE (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,746,426

Mission workProgram services$2,393,31650.42% of revenue46.5% of expenses

ManagementOffice and general costs$2,758,68058.12% of revenue53.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$5,151,996108.54% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 46.5% mission · 53.5% management · 0.0% fundraisingTotal expenses: 108.54% of revenue

2023Expense mix: 87.5% mission · 12.5% management · 0.0% fundraisingTotal expenses: 100.27% of revenue

2022Expense mix: 91.3% mission · 8.7% management · 0.0% fundraisingTotal expenses: 88.81% of revenue

2021Expense mix: 93.0% mission · 7.0% management · 0.0% fundraisingTotal expenses: 87.00% of revenue

2020Expense mix: 86.3% mission · 13.7% management · 0.0% fundraisingTotal expenses: 102.40% of revenue

2019Expense mix: 89.4% mission · 10.6% management · 0.0% fundraisingTotal expenses: 105.07% of revenue

2018Expense mix: 86.8% mission · 13.2% management · 0.0% fundraisingTotal expenses: 100.36% of revenue

2017Expense mix: 85.8% mission · 14.2% management · 0.0% fundraisingTotal expenses: 103.29% of revenue

Money in and money out

Revenue$4,746,426

Expenses$5,151,996

Annual shortfall $405,570 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,393,316 · 46.5% of expenses

Management and office costs$2,758,680 · 53.5% of expenses

See all reported dollar amounts

Revenue$4,746,426

Expenses$5,151,996

Assets$12,684,265

Income$4,746,426

Contributions$3,623,816

Mission work (program services)$2,393,316

Management and general$2,758,680

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PATRECIA HARGROVEEXECUTIVE DI · 36 hrs/week $111,081

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (54)

PATRECIA HARGROVEEXECUTIVE DI

REID ROBERTSONDIRECTOR

LAURA HERRINGTONDIRECTOR

MACK BALLDIRECTOR

MATT CATHEYDIRECTOR

MELINDA KNIGHTDIRECTOR

MITCH GRANTDIRECTOR

MITCH ROSEDIRECTOR

NITA MCDANIELDIRECTOR

NOEL FOSTERDIRECTOR

NORMA STRABALADIRECTOR

PAUL CARTERPRESIDENT

PRICE BONEYDIRECTOR

RANDY PRUITTDIRECTOR

KLAY MCKINNEYSECRETARY

RICHARD TINDALLDIRECTOR

ROBERT AKINDIRECTOR

ROGER MCCLELLANDIRECTOR

SAM E ANGEL IIDIRECTOR

SIDNEY MATHIASDIRECTOR

TEDDY HOLTDIRECTOR

THOMAS FRAZERDIRECTOR

TOM MOSLEYDIRECTOR

TOMEKA BUTLERDIRECTOR

TONI PERRYDIRECTOR

WALTER JORDAN JRDIRECTOR

WILLIAM DAVISDIRECTOR

GERALD ROBINSONDIRECTOR

BUDDY EARNESTDIRECTOR

CAIN NATTINDIRECTOR

CARL REDUS JRDIRECTOR

CAROLYN HARRISDIRECTOR

CAROLYNE BLISSITTDIRECTOR

CHARLES ROBERTSDIRECTOR

CRYSTAL MARSHALLDIRECTOR

CS WALKERDIRECTOR

DAVID STREETERDIRECTOR

DENISA PENNINGTONDIRECTOR

EDDIE BESTDIRECTOR

EDDIE BUSHDIRECTOR

FRANK GIBSONDIRECTOR

BILL PAXTONDIRECTOR

GREGG REEP2ND VICE PRE

JAMES BLACKDIRECTOR

JASON AKERSDIRECTOR

JEFF OWYOUNGTREASURER

JEFF WESTBROOKVICE SECRETA

JESSIE GRIFFINDIRECTOR

JIM HUDSONDIRECTOR

JIMMY CUMMINGSVICE PRESIDE

JOANNE BUSHDIRECTOR

JOE FREYERDIRECTOR

JOY BLANKENSHIPDIRECTOR

KEETON HUDSONDIRECTOR

About this charity

Recognized since: January 1978
Location: 315 E 8TH AVE, PINE BLUFF, AR 71601-5005
County: Jefferson
In care of: % PAYTON BURGESS
Primary officer: PATRECIA HARGROVE, EXECUTIVE DIRECTOR

How to reach them

Phone(870) 536-1971

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: JACOBS & COMPANY CPAS PLLC
NTEE classification: Community Improvement & Capacity Building (S30Z)