Chamber of Commerce of Springdale Arkansas

EIN: 710029639

Springdale, AR

Total Revenue
$1,792,174
Total Expenses
$1,494,195
Total Assets
$1,982,216
Net Assets
$1,599,609
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
AR
Principal Officer
William Rogers
Phone
4798722222
Tax Period
2023-01-01 to 2023-12-31

Chamber of Commerce of Springdale Arkansas, founded in 1946, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $298K, a strong 17% operating margin.

Mission

To promote planned economic growth and prosperity, foster community interaction and pride, provide education, leadership, and support to the communitys efforts to improve the quality of life of its citizens.

Program Service Accomplishments

Program 1
Expenses: $670,280

Promote business, tourism industrial development within Springdale, Arkansas

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $566,051
Program Service Revenue $1,177,629
Investment Income $20,900
Other Revenue $27,594
TOTAL REVENUE $1,792,174

Expense Breakdown

Grants Paid $0
Salaries & Benefits $846,688
Fundraising Expenses $5,770
Program Expenses $670,280
Other Expenses $647,507
TOTAL EXPENSES $1,494,195

Year-over-Year Comparison

2023 2022 Change
Revenue $1,792,174 $1,907,005 -0.1%
Expenses $1,494,195 $1,416,948 +0.1%
Net Income $297,979 $490,057 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
30
Independent Members
30
Employees
11
Volunteers
200

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$159,022
Total Directors
24
$159,022
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A President 040.00
Officer Director
$159,022 $0 $159,022
Donaldson Joe Past Chair 001.00
Director
$0 $0 $0
Harris Ashley Director 001.00
Director
$0 $0 $0
Harris Sam Director 001.00
Director
$0 $0 $0
Thornton Chris Director 001.00
Director
$0 $0 $0
Acosta Shane Dirrector 001.00
Director
$0 $0 $0
Betancourt Erica Director 001.00
Director
$0 $0 $0
Carcamo Gerardo Director 001.00
Director
$0 $0 $0
Cleveland Dr Jared Director 001.00
Director
$0 $0 $0
Cole Justin Director 001.00
Director
$0 $0 $0
Creek Debbie Dirrector 001.00
Director
$0 $0 $0
Garner Jordan Director 001.00
Director
$0 $0 $0
Hamilton Danny Director 001.00
Director
$0 $0 $0
Lencho Rebecca Director 001.00
Director
$0 $0 $0
Rollins Joe Director 001.00
Director
$0 $0 $0
Vega Eddie Director 001.00
Director
$0 $0 $0
Bell Lora Director 001.00
Director
$0 $0 $0
Froud Darrell Director 001.00
Director
$0 $0 $0
Lawrence Julie Director 001.00
Director
$0 $0 $0
Lindabury Hayley Director 001.00
Director
$0 $0 $0
Naegler Rick Director 001.00
Director
$0 $0 $0
Sandlin Kenny Director 001.00
Director
$0 $0 $0
Smith Chad Director 001.00
Director
$0 $0 $0
Sprouse Mayor Doug Director 001.00
Director
$0 $0 $0
Mathews Cody Chair 001.00
Officer
$0 $0 $0
Williamson Kent At Large 001.00
Officer
$0 $0 $0
Wood Jeff At Large 001.00
Officer
$0 $0 $0
Lind Jason Vice Chair 001.00
Officer
$0 $0 $0
Gibson Derek Treasurer 001.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,792,174 $1,494,195 $1,982,216 $297,979
2022 $1,907,005 $1,416,948 $1,711,791 $490,057
2021 $1,768,932 $1,353,069 $1,455,763 $415,863
2020 $1,505,897 $1,450,330 $919,880 $55,567
2019 $1,725,641 $1,803,092 $692,023 $-77,451
2018 $1,924,836 $1,908,939 $778,226 $15,897
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