Arkansas Capital Relending Corp

Organization Overview

Arkansas Capital Relending Corp is located in Little Rock, AR. The organization was established in 1998. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Capital Relending Corp 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 12/2021, Arkansas Capital Relending Corp generated $13.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $15.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO EXTEND LOANS UNDER THE UNITED STATES DEPARTMENT OF AGRICULTURE INTERMEDIARY RELENDING PROGRAM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO EXTEND LOANS UNDER THE UNITED STATES DEPARTMENT OF AGRICULTURE INTERMEDIARY RELENDING PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Rush Deacon
CEO
$0
Carroll Penick
Vice Chariman
$0
Kevin Burns
Chairman
$0
Leslie Lane
Executive VP
$0
Sandra Hairston
Evp & Sec/treas
$0
Jason Gober
VP
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$9,429
Investment income $335
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,345

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