2023-08-21T09:19:16-05:00 2022-12-31 260328404 CONNER & SARTAIN CPAS PA PO BOX 2260 CONWAY AR 72033 990 2022-01-01 710405994 CONWAY DEVELOPMENT CORPORATION CONW 5013297788 900 OAK STREET CONWAY AR 72032 BRAD LACY PRESIDENT 5013297788 2023-06-20 1 BRAD LACY 999009999 1 STEVE W CONNER CPA P00123169 5013276688 2023-06-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRAD LACY 900 OAK STREET CONWAY AR 72032 3573946 0 X N/A X 1969 AR ENHANCE INDUSTRY OPPORTUNITIES IN CONWAY, AR THROUGH ECONOMIC DEVELOPMENT 16 16 2 0 0 0 188464 108000 1039468 1263974 1121324 129622 269020 192982 2618276 1694578 0 0 0 0 498488 455139 0 0 0 1686136 1520615 2184624 1975754 433652 -281176 35111727 34094467 19282293 18546209 15829434 15548258 ENHANCE INDUSTRY OPPORTUNITIES IN CONWAY, AR THROUGH ECONOMIC DEVELOPMENT 0 0 1429106 THE CONWAY DEVELOPMENT CORPORATION RESPONDED TO SITE SELECTION AND EXPANSION REQUESTS MONTHLY ON BEHALF OF THE CITY OF CONWAY AND FAULKNER COUNTY. THE CDC MANAGED ITS LAND PORTFOLIO AND ASSETS FOR THE BENEFIT OF THE COMMUNITY AND FUTURE ECONOMIC DEVELOPMENT OPPORTUNITIES. CDC STAFF REPRESENTED THE ORGANIZATION AND COMMUNITY IN A NUMBER OF SETTINGS FACILITATING ECONOMIC GROWTH FOR CONWAY AREA RESIDENTS. 1429106 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 2 1 0 0 0 0 0 0 0 0 X 16 16 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 1 1 0 AR X X BRAD LACY 5013297788 900 OAK STREET CONWAY AR 72032 X BILL ADKISSON CHAIRMAN 10.00 X 0 0 0 JERRY ADAMS VICE CHAIRMAN 10.00 X 0 0 0 RONNIE WILLIAMS DIRECTOR 5.00 X 0 0 0 MARK FERGUSON DIRECTOR 5.00 X 0 0 0 EDDIE GLOVER DIRECTOR 5.00 X 0 0 0 BRAD HEGEMAN DIRECTOR 5.00 X 0 0 0 JOHNNY ADAMS DIRECTOR 5.00 X 0 0 0 BRET CARROLL DIRECTOR 5.00 X 0 0 0 JEFF STANDRIDGE DIRECTOR 5.00 X 0 0 0 BUNNY ADCOCK DIRECTOR 5.00 X 0 0 0 JIM RANKIN DIRECTOR 5.00 X 0 0 0 SCOTTY BELL DIRECTOR 5.00 X 0 0 0 ED CHOATE DIRECTOR 5.00 X 0 0 0 MARY WARD DIRECTOR 5.00 X 0 0 0 DREW GAINOR DIRECTOR 5.00 X 0 0 0 KAREN GARRETT DIRECTOR 5.00 X 0 0 0 BRAD LACY SECRETARY/TREASURER 40.00 X 246016 0 0 LAURA GRIMES CHIEF FINANCIAL OFFICER 40.00 X 139041 0 0 385057 0 0 2 0 1 0 0 108000 108000 GAINWELL PROJECT REVENUE 900099 840904 840904 CHAMBER AGREEMENT 900099 250000 250000 ECONOMIC DEVELOPMENT MGMT SVC 900099 100000 100000 MANAGEMENT FEE 900099 64500 64500 MISCELLANEOUS INCOME 900099 8570 8570 1263974 28812 28812 1955660 1760178 195482 195482 195482 220000 119190 100810 100810 100810 INVESTMENT IN CANTRELL FIELD DEVE 900099 -2500 -2500 -2500 1694578 1586578 0 0 309806 309806 97049 97049 48284 48284 9238 9238 19423 19423 7616 4921 2695 11864 11864 49742 49742 50176 50176 107961 107961 33907 33907 13385 13385 GAINWELL PASS-THROUGH E 861507 861507 COST OF LAND - IMPROVEM 191820 191820 CENTRAL LANDING MAINTEN 65724 65724 MEADOWS POA EXPENSE 30450 30450 67802 63651 4151 1975754 1429106 546648 0 511681 393842 3705766 3562458 641754 662504 39206506 9730843 30252526 29475663 35111727 34094467 123072 176384 150875 150875 19008346 18218950 19282293 18546209 X 13595341 13139507 2234093 2408751 15829434 15548258 35111727 34094467 -281176 0 X X 0 0 0 9736678 9736678 29147688 9503118 19644570 322140 227725 94415 29475663 3454756 1760178 1760178 1694578 0 1694578 3735932 1760178 1760178 1975754 0 1975754 PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL - EXPENSES NETTED INCOME PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL - EXPENSES NETTED INCOME X 0 0 X X X X 0 0 0 BRAD LACY SECRETARY/TREASURER 246016 0 0 0 0 0 0 0 0 0 246016 0 0 0 PART I, LINE 1B PART I, LINE 1A - FRINGE OR EXPENSE EXPLANATION THE ORGANIZATION PROVIDES GYM MEMMBERSHIP AS A FRINGE BENEFIT FOR THE CEO. PART I, LINE 1B - WRITTEN REIMBURSEMENT POLICY EXPLANATION THERE IS NO WRITTEN POLICY REGARDING THIS FRINGE BENEFIT BUT THE BOARD OF DIRECTORS HAS APPROVED IT. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT DELEGATED CONWAY DEVELOPMENT CORPORATION DELEGATED MANAGEMENT OF THE GAINWELL BUILDING TO FLAKE & KELLY MANAGEMENT. THIS COMPANY MANAGES THE DAY TO DAY ACTIVITES RELATED TO RENTAL AND MAINTENANCE OF THIS BUILDING. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE FORM 990 IS APPROVED BY THE BOARD BEFORE SIGNING AND SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIALS/OFFICERS THE ORGANIZATION ELECTS A COMPENSATION REVIEW COMMITTEE TO REVIEW AND DETERMINE THE STAFF'S COMPENSATION.THE BOARD OF DIRECTORS VOTED TO APPROVE THE FINAL COMPENSATION AMOUNTS. FORM 990, PART VI, SECTION C, LINE 18 NO PUBLIC DISCLOSURE DOCUMENTS AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE NO DOCUMENTS AVAILABLE TO THE PUBLIC AUDIT COMMITTEE RESPONSIBILITY THE BOARD OF DIRECTORS SELECTS THE AUDITOR EACH YEAR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.