philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Ark-Tex Regional Development Company

Tax-deductible

Texarkana, TX501(c)(6)Since 1982Mutual / membership EIN 75-1857480Revenue $109K in FY2025

On file with the IRSPo Box 5307, 75505-5307 · Texarkana, TXTax-exempt since Oct 1985

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The Ark Tex Regional Development Company is organized for the primary purpose and objective of furthering the economic Development and social welfare of the member counties and their environs by promoting and assisting the growth and Development of business concerns, including small business concerns. The principal objectives of the corporation shall be to benefit the community by fostering the increased employment opportunities and expansion of business and industry for the citizens of the area.

501(c)(6) business league; the IRS lists gifts to it as tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $12K a year · 15% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 11.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$109K
+64% vs prior year
Spent
$108K
To programs
100%
Net assets
$100K
By yearFY2020–FY2025
Revenue
$109K
FY2025▲ +64%
Tap a bar for its year
Revenue by fiscal year
FY2020$48K
FY2021$70K
FY2022$124K
FY2023$71K
FY2024$66K
FY2025$109K
Expenses
$108K
FY2025▲ +84%
Tap a bar for its year
Expenses by fiscal year
FY2020$52K
FY2021$29K
FY2022$93K
FY2023$73K
FY2024$59K
FY2025$108K
Net assets
$100K
FY2025▲ +0.8%
Tap a bar for its year
Net assets by fiscal year
FY2020$22K
FY2021$63K
FY2022$94K
FY2023$91K
FY2024$99K
FY2025$100K

From the FY2025 Form 990 (year ending September 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $108K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Denis Washington
Vice President
$0Pt VII · Sec A
Pam Bonds
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Lori Yates
Director
$0Pt VII · Sec A
Chris Brown
Director
$0Pt VII · Sec A
Mary Beth Rudel
Executive Director
$0Pt VII · Sec A
See Ark-Tex Regional Development Company executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes business growth and development to create jobs and improve economic welfare in member counties.

Questions for Ark-Tex Regional Development Company

Tap to ask. Ark-Tex Regional Development Company sees how many people are interested.

Your first name shows with your question. Ark-Tex Regional Development Company answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $108K · in their own filed words · FY2024
01

To further the economic development and social welfare of its member counties by promoting and assisting the growth and development of business concerns, including small business concerns in the area, through the provision of sba 504 loans.

$108Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$109K
Ln 12
Fees for servicesLn 2g$100K
Investment incomeLn 3$9K
Money outPt IX
$108K
Ln 25
Programscol B$108K
Owns and owesPt X
$100K
net assets · Ln 32
Cash and savingsLn 1–2$100K
Total assetsLn 16$100K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$100K
Investment incomeLn 3$9K
Total revenueLn 12$109K
Assets in detailPt X, end of year
CashLn 1$100K
Cash and savings togetherLn 1–2$100K
Total assetsLn 16$100K
LiabilitiesLn 26$0
Net assetsLn 32$100K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$100K$100K
Total assetsLn 16$100K$100K
LiabilitiesLn 26$806$0
Net assetsLn 32$99K$100K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$44K
Other employee benefitsLn 9$23K
Accounting feesLn 11c$750
Office expensesLn 13$2K
Information technologyLn 14$10K
OccupancyLn 16$1K
TravelLn 17$857
Conferences, conventions and meetingsLn 19$3K
Other expenses (24a–d)Ln 24$24K
Total functional expensesLn 25$108K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $109K$108K$805$100K 990 PDF
FY2024 $66K$59K$8K$99K 990 PDF
FY2023 $71K$73K−$3K$91K 990 PDF
FY2022 $124K$93K$31K$94K 990 PDF
FY2021 $70K$29K$41K$63K 990 PDF
FY2020 $48K$52K−$4K$22K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $108,891 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $57,628$99,796
I-10 Investment incomePrior year $8,740$9,095
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $66,368$108,891
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $33,117$67,382
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $25,533$40,704
I-18 Total expensesPrior year $58,650$108,086
I-19 Revenue less expensesPrior year $7,718$805
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $108,891 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $99,796$99,796
VIII-3 Investment incomeExcluded from tax $9,095$9,095
VIII-12 Total revenueRelated to mission $99,796 · Unrelated business $0 · Excluded from tax $9,095$108,891
Part IX · Statement of functional expenses $108,086 across 9 lines filed
IX-7 Other salaries and wages$43,994
IX-9 Other employee benefits$23,388
IX-11c Accounting fees$750
IX-13 Office expenses$1,645
IX-14 Information technology$9,506
IX-16 Occupancy$1,021
IX-17 Travel$857
IX-19 Conferences, conventions and meetings$3,174
IX-24 Other expenses (24a–d)$23,751
IX-25 Total functional expenses$108,086
Part X · Balance sheet $99,973 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $99,787$99,786
X-4 Accounts receivableStart of year $187$187
X-16 Total assetsStart of year $99,974$99,973
X-26 Total liabilitiesStart of year $806$0
X-27 Net assets without donor restrictionsStart of year $99,168$99,973
X-32 Total net assets or fund balancesStart of year $99,168$99,973
X-33 Total liabilities and net assetsStart of year $99,974$99,973
Part XI · Reconciliation of net assets $99,973 net assets at year end
XI-1 Total revenue$108,891
XI-2 Total expenses$108,086
XI-3 Revenue less expenses$805
XI-4 Net assets at start of year$99,168
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$99,973

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.