Crossett Economic Development Foundation
Boosts economic growth in Crossett, Arkansas, through development services. For fiscal year 2025 it reported $734K in revenue, $781K in expenses, and $1.9M in net assets.Pt I
- Founded
- 2000
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Crossett, AR
- Website
- www.cityofcrossett.net
- Filings
- 6 on file (2020–2025)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
James Michael Smith’s $114K as Executive Di is at the 80th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2021 | FY2020 |
|---|---|---|
| James Michael Smith | $114,490 | $118,810 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Provided economic development services to the city of crossett, arkansas, and to generally promote the economic development of the city of crossett adn surrounding area.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 71% | — | — |
| Overhead ratio | 29% | — | — |
| Revenue growth | 10% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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