East Arkansas Business Development Council Inc
To assist in the development of business in the eastern Arkansas area
Key facts about East Arkansas Business Development Council Inc
In short: East Arkansas Business Development Council Inc gave $50K across 1 grant in 2024 (avg $50K), mostly in Arkansas. Source: 2024 IRS Form 990.
- EIN
- 71-0655498
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $50,000
- Grants made (2024)
- 1
- Average grant
- $50,000
- Median grant
- $50,000
- Total assets
- $3,650,958
- Primary geography
- Arkansas (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$3.7M
-14.3% YoY
Annual Giving
$50K
+233.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$50K
+233.3% YoY
About East Arkansas Business Development Council Inc
Based on IRS filings
East Arkansas Business Development Council Inc is a public charity, based in Jonesboro, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 1 grant totaling $50K. Net investment income was $65K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2K (2021) to $50K (2024). In 2024 it made 1 grant totaling $50K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was ASU System Foundation ($50K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| ASU System Foundation State University, AR | To Benefit the Arkansas University College of Engineering | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,650,958 | $4,262,449 | $4,552,650 |
| Revenue | $185,311 | $152,043 | $2,491,023 |
| Expenses | $828,463 | $650,042 | $894,773 |
| Net Investment Income | $65,465 | $25,649 | $9,137 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 22, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
East Arkansas Business Development Council Inc is led by Chris Barber, Chairman on every filing since 2020; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Chris Barber
Chairman
On filings since 2020
No compensation reported
Alan Morse
Board
On filings since 2020
No compensation reported
Brad Edwards
Treasurer
On filings since 2020
No compensation reported
David Peacock
Secretary
On filings since 2020
No compensation reported
James Best
Board
On filings since 2020
No compensation reported
Mark Young
Board
On filings since 2020
No compensation reported
Murray Benton
Board
On filings since 2020
No compensation reported
Rodger Hurt
Vice Chairman
On filings since 2020
No compensation reported
Tony Supine
Board
On filings since 2020
No compensation reported
Former officers (1)
- Former: Robert Jones (2020) — Counsel
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about East Arkansas Business Development Council Inc
How much does East Arkansas Business Development Council Inc give each year?
East Arkansas Business Development Council Inc gave $50K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $15K across 1 grant.
How large is East Arkansas Business Development Council Inc?
East Arkansas Business Development Council Inc reported $3.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $185K.
Where does East Arkansas Business Development Council Inc operate?
East Arkansas Business Development Council Inc has awarded grants in Arkansas.
What is East Arkansas Business Development Council Inc's EIN?
East Arkansas Business Development Council Inc's EIN (Employer Identification Number) is 71-0655498. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching East Arkansas Business Development Council Inc by hand.
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