Arkansas Aerospace And Defense Alliance is located in Little Rock, AR. The organization was established in 2014. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Aerospace And Defense Alliance is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Arkansas Aerospace And Defense Alliance generated $146.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $184.8k during the year ending 12/2023. While expenses have increased by 12.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shane Carter Treasurer | 0 | $0 | |
Mark Bremer President | 0 | $0 | |
Aaron Huckaby Vice President | 0 | $0 | |
Mark Sorrell Vice President | 0 | $0 | |
Chad Causey Executive Dir. | 0 | $0 | |
Sonya Archer Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,150 |
| Total Program Service Revenue | $100,426 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $146,576 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $43,616 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,644 |
| Other expenses | $136,568 |
| Total expenses | $184,828 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,526 |
| Other assets | $0 |
| Total assets | $39,151 |
| Total liabilities | $28,000 |
| Net assets or fund balances | $11,151 |