Ar-Tx Redi FY2021 filing
Attracts new businesses and industries to the Texarkana area. For fiscal year 2021 it reported $705K in revenue, $863K in expenses, and $895K in net assets.Pt I
- Founded
- 2018
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Texarkana, TX
- Website
- www.ar-txredi.com
- Filings
- 6 on file (2020–2021)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Rob Sitterley’s $443K as President & CEO is at the 95th percentile of top reported officer pay among 2834 $1–10M 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 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Rob Sitterley | $443,000 | $418,000 | $418,000 | $413,833 | $393,000 | $368,000 |
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
To bring new business and industry to the Texarkana Area Metropolitan Statistical 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 | 88% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -26% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0.03% | — | — |
| Accounting fee ratio | 0.2% | — | — |
| Fundraising fee ratio | 0% | — | — |
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.
Grants
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Filings & Schedule Manifest
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