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Filing year 2024

NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC

Harrison, Arkansas·EIN 71-0399224·501(c)(3)
Total revenue
$4.5M
Total assets
$6.3M
Total expenses
$4.6M
Reported officers
30
Mission

TO AFFORD LOCAL GOVERNMENTS AND CITIZENS A REGIONAL FORUM TO IDENTIFY ISSUES AND OPPORTUNITIES AND TO PROVIDE LEADERSHIP IN PLANNING AND IMPLEMENTING PROGRAMS TO IMPROVE THE QUALITY OF LIFE IN OUR DISTRICT.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Director
Median to 75th percentile
$133k
$141k

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 29 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 15%
over 3 years

From $116k in 2021 to $133k in 2024.

$116k
2021
$125k
2023
$133k
2024
In today's dollarsEst.
Down 1% in real terms$143k to $141k

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 rose 15% from 2021 to 2024, while revenue fell 25%.

$116k in 2021 to $133k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.

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

Revenue and expenses over time

NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$6M
$5.2M
2021
$6.4M
$5.1M
2023
$4.5M
$4.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC

What does the Chief Executive Officer of NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC earn?

In 2024, the Chief Executive Officer of NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC received $133,213 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC falls between the median and the 75th percentile.

What are NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC's revenue and expenses?

In 2024, NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT INC reported $4.5M in total revenue and $4.6M in total expenses on its IRS Form 990.

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