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Filing year 2023

ARK-TEX REGIONAL DEVELOPMENT COMPANY (AT

Texarkana, Texas·EIN 75-1857480·501(c)(6)
Total revenue
$66k
Total assets
$100k
Total expenses
$59k
Reported officers
10
Mission

THE ARK TEX REGIONAL DEVELOPMENT COMPANY IS ORGANIZED FOR THE PRIMARY PURPOSE AND OBJECTIVE OF FURTHERING THE ECONOMIC DEVELOPMENT AND SOCIAL WELFARE OF THE MEMBER COUNTIES AND THEIR ENVIRONS BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS, INCLUDING SMALL BUSINESS CONCERNS. THE PRINCIPAL OBJECTIVES OF THE CORPORATION SHALL BE TO BENEFIT THE COMMUNITY BY FOSTERING THE INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY FOR THE CITIZENS OF THE AREA.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
Below 10th percentile
$13k
$14k
Executive Director (ceo)
Below 10th percentile
$13k
$14k
Finance Manager
Below 10th percentile
$12k
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Down 26%
from 2022

From $17k in 2022 to $13k in 2023.

$17k
2022
$13k
2023
In today's dollarsEst.
Down 29% in real terms$20k to $14k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 26% from 2022 to 2023, while revenue fell 6%.

$17k in 2022 to $13k in 2023.
  • Finance Manager pay fell 29% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ARK-TEX REGIONAL DEVELOPMENT COMPANY (AT reported revenue and expenses across 2 filing years.

RevenueExpenses
$71k
$73k
2022
$66k
$59k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ARK-TEX REGIONAL DEVELOPMENT COMPANY (AT

What does the Chief Executive Officer of ARK-TEX REGIONAL DEVELOPMENT COMPANY (AT earn?

In 2023, the Chief Executive Officer of ARK-TEX REGIONAL DEVELOPMENT COMPANY (AT received $12,920 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ARK-TEX REGIONAL DEVELOPMENT COMPANY (AT compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at ARK-TEX REGIONAL DEVELOPMENT COMPANY (AT falls in the bottom 10%.

What are ARK-TEX REGIONAL DEVELOPMENT COMPANY (AT's revenue and expenses?

In 2023, ARK-TEX REGIONAL DEVELOPMENT COMPANY (AT reported $66k in total revenue and $59k in total expenses on its IRS Form 990.

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