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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Arkansas Industrial and Economic Development Foundation Inc.

Arkansas Industrial and Economic Development Foundation Inc.

Fiscal year ending 2020. Filed on November 15, 2021.

PO Box 1784
Little Rock, Arkansas 72203

Arkansas Industrial and Economic Development Foundation Inc. (EIN: 27-2775803) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Arkansas Industrial and Economic Development Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 14 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$86,000

Expenses

$87,550

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Frank Thomas
Vice President
$0
Steve Luelf
Board Member
$0
Gus Vratsinas
President
$0
Niel Crowson
Board Member
$0
Archie Schaffer III
Board Member
$0
Tim Allen
Board Member
$0
Mike Akin
Board Member
$0
Michael Lindsey
Board Member
$0
Mike Preston
Board Member
$0
William Rockefeller
Board Member
$0
Mark Young
Secretary
$0
Mike Carroll
Treasurer
$0

Benchmark Employee Compensation

Mission Statement

THE ORGANIZATION IS ORGANIZED FOR THE EXCLUSIVE BENEFIT OF THE ARKANSAS ECONOMIC DEVELOPMENT COMMISSION. THE ORGANIZATION WILL SUPPLEMENT APPROPRIATIONS BY THE STATE LEGISLATURE FOR DEVELOPMENT OF THE STATE'S RESOURCES AND ATTRACTING NEW BUSINESSES TO THE STATE OF ARKANSAS.

Revisions to this organization profile

November 13, 2025:
2024 Arkansas Industrial and Economic Development Foundation Inc. 990 filed
November 14, 2024:
2023 Arkansas Industrial and Economic Development Foundation Inc. 990 filed
November 10, 2023:
2022 Arkansas Industrial and Economic Development Foundation Inc. 990 filed

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