Bentonville-Bella Vista Chamber Of Commerce Foundation Inc
- Assets
- $1.3m
- Revenue
- $267.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Bentonville, AR
- Founding
- 06/2001
- Data as of
- 12/2021
- EIN
- 71-0848698
Organization Overview
Bentonville-Bella Vista Chamber Of Commerce Foundation Inc is located in Bentonville, AR. The organization was established in 2001. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., 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. Bentonville-Bella Vista Chamber Of Commerce Foundation Inc 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, Bentonville-Bella Vista Chamber Of Commerce Foundation Inc generated $267.6k in total revenue. All expenses for the organization totaled $1.2m during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RAISE FUNDS FOR GREATER BENTONVILLE AREA CHAMBER OF COMMERCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT PROVIDED TO THE GREATER BENTONVILLE AREA CHAMBER OF COMMERCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kourtney Barrett Past Chair | Officer | $0 | |
Bill Akins Chair | Officer | $0 | |
John Cowgur Secretary Tr | Officer | $0 | |
Monica Kumar Incoming Cha | Officer | $0 | |
Neil Greenhaw At Large | Trustee | $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 | $265,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $265,900 |
| Total Program Service Revenue | $0 |
| Investment income | $1,731 |
| 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 | $267,631 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $490,922 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $150,000 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $600,000 |
| Total functional expenses | $1,240,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $951,374 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $300,000 |
| Accounts receivable, net | $3,800 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,255,174 |
| Accounts payable and accrued expenses | $350,817 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $350,817 |
| Net assets without donor restrictions | $120,717 |
| Net assets with donor restrictions | $783,640 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,255,174 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Bentonville-Bella Vista Chamber Of Commerce Foundation Inc has recieved totaling $880,000.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT A THREE-YEAR INFLUENCER AMPLIFICATION CAMPAIGN. | $300,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT AN ECONOMIC DEVELOPMENT PROGRAM TO INCREASE THE DIVERSITY OF THE ECONOMY AND THE WORKFORCE AND PROVIDE JOB AND LEARNING OPPORTUNITIES TO UNDERSERVED COMMUNITIES. | $300,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT INCLUSION, DIVERSITY, EQUITY AND ANTI-RACISM IMPLEMENTATION EFFORTS. | $70,000 |
Wal-Mart Foundation Bentonville, AR PURPOSE: NORTHWEST ARKANSAS | $70,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO PROVIDE ONE-TIME AWARDS TO DOWNTOWN BENTONVILLE FOOD AND BEVERAGE BUSINESSES NEGATIVELY IMPACTED BY THE COVID-19 CRISIS. | $50,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT THE 2021 ACTIVATION OF THE NWA TECH SUMMIT HOSTED BY THE BENTONVILLE-BELLA VISTA CHAMBER OF COMMERCE. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
1004 7th Avenue Holding Corporation Fort Worth, TX | $0 | $10,316,540 |
Houston Bike Share Houston, TX | $1,895,982 | $1,956,861 |
Bentonville-Bella Vista Chamber Of Commerce Foundation Inc Bentonville, AR | $1,255,174 | $267,631 |
Educational Foundation Of The Mo Soc Of Cert Pub Accts Inc St Louis, MO | $355,307 | $1,392,196 |
Toolbank Usa Inc Houston, TX | $645,654 | $570,806 |
Fostering Family Houston, TX | $340,952 | $605,117 |
Texas Associtation Of Business & Chambers Of Commerce Foundation Austin, TX | $275,010 | $226,914 |
East Texas Speakers Forum Longview, TX | $162,256 | $373,275 |
Circa 1859 Inc Jonesboro, AR | $6,914 | $0 |
Culture Of Health - Advancing Together Pearland, TX | $110,464 | $209,041 |
Alice Volunteer Services Alice, TX | $555,548 | $135,954 |
Operation Ukraine Columbus, MS | $75,570 | $0 |