Economic Development Fund Of Monticello Arkansas

Organization Overview

Economic Development Fund Of Monticello Arkansas is located in Monticello, AR. The organization was established in 2000. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Development Fund Of Monticello Arkansas is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Economic Development Fund Of Monticello Arkansas generated $37.7k 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 (18.0%) each year. All expenses for the organization totaled $2.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (43.2%) 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 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOCAL ECONOMIC DEVELOPMENT


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Board, Officers & Key Employees

Name (title)Compensation
Nita Mcdaniel
Director
$0
Bennie Ryburn III
President
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $37,749
Total Revenue $37,749

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