Organizations Filed Purposes:
TO ASSIST IN THE ECONOMIC DEVELOPMENT OF ARKANSAS PRIMARILY THROUGH INTERMEDIATE AND LONG-TERM LOANS FOR EXPANSION OF ARKANSAS ENTERPRISES AND TO ENGAGE IN OTHER ECONOMIC DEVELOPMENT ACTIVITIES THROUGH AFFILIATED COMPANIES.
TO PROMOTE,STIMULATE, DEVELOP AND ADVANCE THE BUSINESS PROSPERITY AND ECONOMIC WELFARE OF THE STATE OF ARKANSAS AND THE BOARDERING STATES AND TO PROVIDE FINANCING FOR THE PROMOTION, DEVELOPMENT AND CONDUCT OF ALL KINDS OF BUSINESS ACTIVITIES IN THIS STATE; TO ASSIST IN THE ECONOMIC DEVELOPMENT OF ARKANSAS PRIMARILY THROUGH INTERMEDIATE AND LONG-TERM LOANS FOR EXPANSION OF ARKANSAS ENTERPRISES; TO ENGAGE IN ACTIVITIES, THROUGH VARIOUS AFFILIATES, WHICH PROVIDE ECONOMIC DEVELOPMENT BENEFITS TO THE STATE OF ARKANSAS.
ARKANSAS CAPITAL CORPORATION IS A PRIVATE, TAX-EXEMPT NON-PROFIT ORGANIZATION WHICH PRIMARILY PROVIDES LOANS AND GOVERNMENT PROGRAM RESOURCES FOR THE EXPANSION OF ARKANSAS ENTERPRISES. THE CORPORATION IS ORGANIZED TO PROMOTE ECONOMIC GROWTH THROUGH ENTREPRENEURISM WITHIN THE STATE OF ARKANSAS AND THE BORDERING STATES AND TO PERFORM ANY OTHER ACT PERMISSIBLE FOR AN ORGANIZATION DESCRIBED IN SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW.
PROVIDE SBA LENDING TO LOAN CUSTOMERS IN THE STATE OF ARKANSAS AND THE BORDERING STATES AND PROVIDE MANAGEMENT AND PERSONNEL SERVICES FOR VARIOUS NOT-FOR-PROFIT RELATED ENTITIES.
ARKANSAS CAPITAL CORPORATION FORMED PINE STATE REGIONAL CENTER AS AN ARKANSAS LIMITED LIABILITY COMPANY TO SPONSOR QUALIFIED EB-5 PROJECTS THAT PROMOTE THE EXPANSION OF THE REGIONAL ECONOMY BY INCREASING EXPORTS, HOUSEHOLD EARNING, PRODUCTIVITY, AND DOMESTIC CAPITAL - ALL WITH A PARTICULAR EMPHASIS ON PERMANENT JOB CREATION WITHIN PINE STATE REGIONAL CENTER'S GEOGRAPHIC FOOTPRINT.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Rush B Deacon | CEO | 40 | $179,820 |
| Sam Walls Iii | PRES & COO | 40 | $149,220 |
| Leslie Lane | PRES OF AFFI | 40 | $142,222 |
| Bert King | SVP | 40 | $128,677 |
| Sandra Hairston | EVP | 40 | $97,189 |
| Marie Bruno | AEAF SECRETA | 0 | $91,425 |
| Jason Gober | VP | 40 | $86,803 |
| Richard Phelps | VP | 40 | $84,711 |
| Brad Staley | SVP | 0 | $39,245 |
| Al Hodge | EVP | 0 | $20,614 |
| Boon W Tan | DIRECTOR | 0 | $0 |
| Bryan Scoggins | DIRECTOR | 0 | $0 |
| Karen Marine | DIRECTOR | 0 | $0 |
| Martha Moore | DIRECTOR | 0 | $0 |
| Charles Cervantes | DIRECTOR | 0 | $0 |
| Virgil L Miller Jr | DIRECTOR | 0 | $0 |
| Carroll Penick | DIRECTOR | 0 | $0 |
| Frank D Scott Jr | DIRECTOR | 0 | $0 |
| Dr Sandra Massey | DIRECTOR | 0 | $0 |
| Dennis Cooper | DIRECTOR | 0 | $0 |
| David Shindler | DIRECTOR | 0 | $0 |
| Jeff Amerine | DIRECTOR | 0 | $0 |
| William Staed | DIRECTOR | 0 | $0 |
| Brad Chambless | VICE CHAIRMA | 0 | $0 |
| Kevin Burns | CHAIRMAN | 0 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201903199349317935_public.xml