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Economic Developement Corporation Of Paragould

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Economic Development (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$1.63M (2023)

Expenses
$239k (2023)

Total Assets
$6.96M (2023)

Total Liabilities
$155k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,625,592
Expenses
$238,953
Net Income
$1,386,639
Net Assets
$6,803,499
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,595,935
98.2%
Program Services $0
Investment Income $29,657
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,958,250
Total Liabilities $154,751
Net Assets $6,803,499
Compensation
Key Employees and Officers Compensation Related Other
Brett Bradford (Board Member) $0 $0 $0
Jake Bland (Board Member) $0 $0 $0
Judge Rusty Mcmillon (Board Member) $0 $0 $0
Matthew Miller (Board Member) $0 $0 $0
Brad Bloemer (Board Member) $0 $0 $0
Debbie Smith (Board Member) $0 $0 $0
Blaine Nunn (Board Member) $0 $0 $0
Mark Miller (Board Member) $0 $0 $0
Randy Philhours (Board Member) $0 $0 $0
Josh Agee (Secretarytreasurer) $0 $0 $0
Allison Hestand (Executive Director) $0 $0 $0
Lora Laubach (Vice Chairman) $0 $0 $0
Robert Thompson Iii (Chairman) $0 $0 $0
Brock Atwill (Past Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$934,944
Expenses
$596,098
Net Income
$338,846
Net Assets
$5,416,860
Notable Sources of Revenue Percent of Total Revenue
Contributions $934,885
100.0%
Program Services $0
Investment Income $1,455
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,396
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,623,194
Total Liabilities $206,334
Net Assets $5,416,860
Compensation
Key Employees and Officers Compensation Related Other
Dianna Hatley (Board Member) $0 $0 $0
Blaine Nunn (Board Member) $0 $0 $0
Jake Bland (Board Member) $0 $0 $0
Judge Rusty Mcmillon (Board Member) $0 $0 $0
Mark Miller (Board Member) $0 $0 $0
Brett Bradford (Board Member) $0 $0 $0
Debbie Smith (Board Member) $0 $0 $0
Randy Philhours (Board Member) $0 $0 $0
Barry Davis (Board Member) $0 $0 $0
Robert Thompson Iii (Chairman) $0 $0 $0
Josh Agee (Secretarytreasurer) $0 $0 $0
Allison Hestand (Executive Director) $0 $0 $0
Brock Atwill (Past Chairman) $0 $0 $0
Lora Laubach (Vice Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$733,206
Expenses
$162,189
Net Income
$571,017
Net Assets
$5,078,014
Notable Sources of Revenue Percent of Total Revenue
Contributions $729,481
99.5%
Program Services $0
Investment Income $3,725
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,335,932
Total Liabilities $257,918
Net Assets $5,078,014
Compensation
Key Employees and Officers Compensation Related Other
Lora Laubach (Board Member) $0 $0 $0
Blaine Nunn (Board Member) $0 $0 $0
Mark Miller (Board Member) $0 $0 $0
Will Brewer (Board Member) $0 $0 $0
Robert Thompson Iii (Board Member) $0 $0 $0
Judge Rusty Mcmillon (Board Member) $0 $0 $0
David Dudley (Board Member) $0 $0 $0
Barry Davis (Board Member) $0 $0 $0
Matthew Miller (Board Member) $0 $0 $0
Randy Philhours (Board Member) $0 $0 $0
Josh Agee (Secretarytreasurer) $0 $0 $0
Allison Hestand (Executive Director) $0 $0 $0
Darrell Phillips (Chair Elect) $0 $0 $0
Brock Atwill (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$989,972
Expenses
$2,077,433
Net Income
-$1,087,461
Net Assets
$4,506,997
Notable Sources of Revenue Percent of Total Revenue
Contributions $983,843
99.4%
Program Services $0
Investment Income $6,129
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,816,498
Total Liabilities $309,501
Net Assets $4,506,997
Compensation
Key Employees and Officers Compensation Related Other
Robert Thompson Iii (Board Member) $0 $0 $0
Mark Miller (Board Member) $0 $0 $0
Blaine Nunn (Board Member) $0 $0 $0
Judge Rusty Mcmillon (Board Member) $0 $0 $0
Ronnie Brengard (Board Member) $0 $0 $0
Randy Philhours (Board Member) $0 $0 $0
Will Brewer (Board Member) $0 $0 $0
Lora Laubach (Board Member) $0 $0 $0
Barry Davis (Board Member) $0 $0 $0
Bill Fisher (Board Member) $0 $0 $0
David Dudley (Board Member) $0 $0 $0
Brock Atwill (Chairman) $0 $0 $0
Allison Hestand (Executive Director) $0 $0 $0
Josh Agee (Secretarytreasurer) $0 $0 $0
Darrell Phillips (Vice Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,000,898
Expenses
$140,232
Net Income
$860,666
Net Assets
$5,594,458
Notable Sources of Revenue Percent of Total Revenue
Contributions $996,313
99.5%
Program Services $0
Investment Income $4,585
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,955,543
Total Liabilities $361,085
Net Assets $5,594,458
Compensation
Key Employees and Officers Compensation Related Other
Sue Mcgowan (Executive Director) $0 $0 $0
Mike Gaskill (Secretarytreasurer) $0 $0 $0
Barry Davis (Board Member) $0 $0 $0
David Dudley (Board Member) $0 $0 $0
Bill Fisher (Board Member) $0 $0 $0
Randy Philhours (Board Member) $0 $0 $0
Mark Miller (Board Member) $0 $0 $0
Darrell Phillips (Board Member) $0 $0 $0
Blaine Nunn (Chairman) $0 $0 $0
Ronnie Brengard (Board Member) $0 $0 $0
Judge Rusty Mcmillon (Board Member) $0 $0 $0
Brock Atwill (Vice Chairman) $0 $0 $0
Robert Thompson Iii (Board Member) $0 $0 $0
Will Brewer (Board Member) $0 $0 $0
Ivey Herren (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$993,270
Expenses
$358,956
Net Income
$634,314
Net Assets
$4,733,793
Notable Sources of Revenue Percent of Total Revenue
Contributions $990,493
99.7%
Program Services $0
Investment Income $2,777
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,146,461
Total Liabilities $412,668
Net Assets $4,733,793
Compensation
Key Employees and Officers Compensation Related Other
Sue Mcgowan (Executive Director) $0 $0 $0
Mike Gaskill (Board Member) $0 $0 $0
Barry Davis (Board Member) $0 $0 $0
David Dudley (Board Member) $0 $0 $0
Jerry Crocker (Board Member) $0 $0 $0
Bill Fisher (Board Member) $0 $0 $0
Tom Kirk (Board Member) $0 $0 $0
Randy Philhours (Board Member) $0 $0 $0
Mark Miller (Board Member) $0 $0 $0
Darrell Phillips (Board Member) $0 $0 $0
Blaine Nunn (Vice Chairman) $0 $0 $0
Ronnie Brengard (Chairman) $0 $0 $0
Judge Rusty Mcmillon (Board Member) $0 $0 $0
Brock Atwill (Secretarytreasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$987,237
Expenses
$186,722
Net Income
$800,515
Net Assets
$4,349,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $985,907
99.9%
Program Services $0
Investment Income $1,330
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,234,337
Total Liabilities $884,860
Net Assets $4,349,477
Compensation
Key Employees and Officers Compensation Related Other
Sue Mcgowan (Executive Director) $0 $0 $0
Mike Gaskill (Board Member) $0 $0 $0
Barry Davis (Board Member) $0 $0 $0
David Dudley (Board Member) $0 $0 $0
Jerry Crocker (Board Member) $0 $0 $0
Bill Fisher (Board Member) $0 $0 $0
Tom Kirk (Board Member) $0 $0 $0
Randy Philhours (Board Member) $0 $0 $0
Mark Miller (Board Member) $0 $0 $0
Darrell Phillips (Board Member) $0 $0 $0
Blaine Nunn (Vice Chairman) $0 $0 $0
Ronnie Brengard (Chairman) $0 $0 $0
Judge Rusty Mcmillon (Board Member) $0 $0 $0
Brock Atwill (Secretarytreasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$988,115
Expenses
$93,781
Net Income
$894,334
Net Assets
$3,548,966
Notable Sources of Revenue Percent of Total Revenue
Contributions $987,673
100.0%
Program Services $0
Investment Income $442
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,968,966
Total Liabilities $420,000
Net Assets $3,548,966
Compensation
Key Employees and Officers Compensation Related Other
Sue Mcgowan (Executive Director) $0 $0 $0
Mike Gaskill (Vice Chairman) $0 $0 $0
Barry Davis (Board Member) $0 $0 $0
David Dudley (Board Member) $0 $0 $0
Jerry Crocker (Board Member) $0 $0 $0
Bill Fisher (Board Member) $0 $0 $0
Tom Kirk (Board Member) $0 $0 $0
Randy Philhours (Board Member) $0 $0 $0
Mark Miller (Chairman) $0 $0 $0
Darrell Phillips (Secretarytreasurer) $0 $0 $0
Blaine Nunn (Board Member) $0 $0 $0
Ronnie Brengard (Board Member) $0 $0 $0
Judge Rusty Mcmillon (Board Member) $0 $0 $0
Brock Atwill (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$977,257
Expenses
$971,296
Net Income
$5,961
Net Assets
$2,654,632
Notable Sources of Revenue Percent of Total Revenue
Contributions $976,818
100.0%
Program Services $0
Investment Income $439
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,654,632
Total Liabilities $0
Net Assets $2,654,632
Compensation
Key Employees and Officers Compensation Related Other
Sue Mcgowan (Executive Director) $0 $0 $0
Mike Gaskill (Vice Chairman) $0 $0 $0
Barry Davis (Board Member) $0 $0 $0
David Dudley (Board Member) $0 $0 $0
Kelly Wright (Board Member) $0 $0 $0
Jerry Crocker (Board Member) $0 $0 $0
Bill Fisher (Board Member) $0 $0 $0
Tom Kirk (Board Member) $0 $0 $0
Randy Philhours (Board Member) $0 $0 $0
Mark Miller (Chairman) $0 $0 $0
Darrell Phillips (Secretarytreasurer) $0 $0 $0
Blaine Nunn (Board Member) $0 $0 $0
Ronnie Brengard (Board Member) $0 $0 $0
Judge Rusty Mcmillon (Board Member) $0 $0 $0
Brock Atwill (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$989,700
Expenses
$114,023
Net Income
$875,677
Net Assets
$2,648,671
Notable Sources of Revenue Percent of Total Revenue
Contributions $989,251
100.0%
Program Services $0
Investment Income $449
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,031,437
Total Liabilities $382,766
Net Assets $2,648,671
Compensation
Key Employees and Officers Compensation Related Other
Sue Mcgowan (Executive Director) $0 $0 $0
Mike Gaskill (Vice Chairman) $0 $0 $0
Barry Davis (Board Member) $0 $0 $0
David Dudley (Board Member) $0 $0 $0
Kelly Wright (Board Member) $0 $0 $0
Jerry Crocker (Board Member) $0 $0 $0
Bill Fisher (Board Member) $0 $0 $0
Tom Kirk (Board Member) $0 $0 $0
Randy Philhours (Board Member) $0 $0 $0
Mark Miller (Chairman) $0 $0 $0
Darrell Phillips (Secretarytreasurer) $0 $0 $0
Blaine Nunn (Board Member) $0 $0 $0
Ronnie Brengard (Board Member) $0 $0 $0
Judge Rusty Mcmillon (Board Member) $0 $0 $0
Brock Atwill (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$916,790
Expenses
$153,199
Net Income
$763,591
Net Assets
$1,772,994
Notable Sources of Revenue Percent of Total Revenue
Contributions $916,161
99.9%
Program Services $0
Investment Income $629
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,190,973
Total Liabilities $1,417,979
Net Assets $1,772,994
Compensation
Key Employees and Officers Compensation Related Other
Sue Mcgowan (Executive Director) $0 $0 $0
Mike Gaskill (Vice Chairman) $0 $0 $0
Barry Davis (Board Member) $0 $0 $0
Ron Stephens (Board Member) $0 $0 $0
David Dudley (Board Member) $0 $0 $0
Harry Truman Moore (Board Member) $0 $0 $0
Kelly Wright (Board Member) $0 $0 $0
Jerry Crocker (Board Member) $0 $0 $0
Bill Fisher (Chairman) $0 $0 $0
Tom Kirk (Board Member) $0 $0 $0
Randy Philhours (Board Member) $0 $0 $0
Shane May (Board Member) $0 $0 $0
Mary Ann Allen (Board Member) $0 $0 $0
Jerry Shipman (Board Member) $0 $0 $0
Mark Miller (Secretarytreasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$559,499
Expenses
$187,061
Net Income
$372,438
Net Assets
$1,009,401
Notable Sources of Revenue Percent of Total Revenue
Contributions $558,188
99.8%
Program Services $0
Investment Income $1,311
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,620,429
Total Liabilities $1,611,028
Net Assets $1,009,401

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$189,806
Expenses
$169,091
Net Income
$20,715
Net Assets
$636,963
Notable Sources of Revenue Percent of Total Revenue
Contributions $187,324
98.7%
Program Services $0
Investment Income $2,482
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,554,229
Total Liabilities $1,917,266
Net Assets $636,963

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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