2026-04-01T14:16:55-07:00 2025-12-31 710623618 Welch Couch & Company PA 410 Barnett Dr Batesville AR 72501 990 2025-01-01 710586047 BLACK RIVER AREA HOUSING DEVELOPMENT CORPORATION FOR LAWRENCE COUNTY BLAC 8708924547 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 AMY THOMAS Executive Dir. 2026-04-01 true MICHAEL GARRETT MCSPADDEN P01911525 8707935231 2025 2025-03-06 01:10:19Z 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 268312 false X N/A X 1983 AR THE PROJECT WAS FORMED TO CONSTRUCT AND OPERATE THEREON AN APARTMENT COMPLEX OF 20 UNITS LOCATED IN WALNUT RIDGE, ARKANSAS. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. 4 2 0 0 144285 171473 92800 85938 8125 5955 1527 4946 246737 268312 0 0 57271 57153 0 0 132370 157035 189641 214188 57096 54124 797807 825496 138591 112156 659216 713340 THE PROJECT WAS FORMED TO CONSTRUCT AND OPERATE THEREON AN APARTMENT COMPLEX OF 20 UNITS LOCATED IN WALNUT RIDGE, ARKANSAS. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. false false 163818 EXPENDITURES INCURRED IN CONNECTION WITH PROJECT OPERATIONS AND EXPENDITURES MADE FOR CORPORATE PURPOSES ARE CONSIDERED TO BE PROGRAM EXPENSES. 163818 true false false false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 6 0 true 0 false false false false false false false 0 false false false false false false false X 4 2 true false false false false false false true false false false false true true true true true true true false X HASSEL PATTERSON 8708924547 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 AMY THOMAS Executive Dir. 0.50 40.00 X X 0 73324 0 HASSEL PATTERSON Vice President 10.00 30.00 X X 0 55608 0 AMANDA TREVILLION Secretary 0.50 0.00 X X 0 0 0 FRED MARTIN President 0.50 0.00 X X 0 0 0 128932 0 false false false 0 171473 171473 RENT INCOME 531110 85938 85938 85938 5955 5955 0 0 0 0 0 0 0 LAUNDRY 1542 1542 MISCELLANEOUS REVENUE 2933 2933 TENANT CHARGES 471 471 4946 268312 96839 0 0 0 0 10566 10566 0 46587 30546 16041 0 0 0 0 0 2936 2936 0 0 0 0 0 0 0 0 0 0 0 0 6347 6347 0 36448 36448 19137 19137 SUPPLIES AND OTHER 76301 71340 4961 PURCHASED SERVICES 15866 15866 0 214188 163818 50370 0 48298 55563 491465 520659 0 2107 0 0 0 0 0 0 933559 684820 255402 248739 0 0 0 0 535 535 797807 825496 42518 54738 89493 50410 6580 7008 138591 112156 X 659216 713340 659216 713340 797807 825496 54124 X true X false true false X 153587 118050 148707 144285 174406 739035 0 0 153587 118050 148707 144285 174406 739035 0 739035 360 633 2146 8125 5955 17219 0 1965 63738 1644 1527 2013 70887 827141 425371 0.89350 0.89490 X 29143 29143 436540 422911 13629 387254 195805 191449 63384 49717 13667 17238 16387 851 248739 7008 7008 X Part X : FIN48 Footnote The Project is exempt from federal income taxes under Section 501 of the Internal Revenue Code and a similar provision of state law. However, the Project is subject to federal income tax on any unrelated business taxable income. Management regularly reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition in the financial statements. The Project is required to file, as a tax exempt organization; an IRS Form 990 which will be open for review by relevant taxing authorities for a period of three years from the later of the date the returns were files or the returns were due (including approved extensions). Form 990, Part VI, Section A, Line 2 AMY THOMAS IS THE DIRECTOR OF BLACK RIVER AREA DEVELOPMENT CORPORATION.HASSEL PATTERSON IS THE ACCOUNTANT/PROJECT MANAGER FOR THE HUD PROJECT MANAGED BY BLACK RIVER AREA DEVLOPMENT CORPORATION. Form 990, Part VI, Section B, Line 11b THE INFORMATION ON FORM 990 IS PULLED FROM THE INDEPENDENTLY COMPILED REPORT. A COPY OF THE COMPILATION REPORT IS GIVEN TO THE BOARD OF DIRECTORS AND APPROVED BEFORE FORM 990 IS FILED. Form 990, Part VI, Section B, Line 12c COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED ON A DAILY BASIS THROUGH VARIOUS INTERNAL PROCEDURES. Form 990, Part VI, Section B, Line 15a WAGE COMPENSATION STUDIES ARE PERFORMED TO DETERMINE PAY SCALE AND POSITION CHART RECOMMENDATIONS. THESE RECOMMENDATIONS ARE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. Form 990, Part VI, Section B, Line 15b WAGE COMPENSATION STUDIES ARE PERFORMED TO DETERMINE PAY SCALE AND POSITION CHART RECOMMENDATIONS. THESE RECOMMENDATIONS ARE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVALIABLE TO THE PUBLIC UPON REQUEST. BRAD-CLAY COUNTY 71-0586053 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING AR 501 (C) (3) 7 NA false CORNING ILC 30-0229364 1403 HOSIPTAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING AR 501 (C) (3) 7 NA false BRAD-GROUP HOME 58-1736420 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING AR 501 (C) (3) 7 NA false BRAD-HOXIE AREA DEVELOPEMENT 58-1736418 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING AR 501 (C) (3) 7 NA false BLACK ROCK AREA DEVELOPMENT 58-1736417 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING AR 501 (C) (3) 7 NA false PIGGOTT HOUSING DEVELOPMENT 71-0597729 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING AR 501 (C) (3) 7 NA false BLACK RIVER AREA DEVELOPMENT 71-0387337 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 AID AND ASSISTANCE FOR LOCAL AREA AR 501 (C) (3) 7 NA false false false false false false false false false false false false false true false true false false false false BRAD-CLAY COUNTY 71-0586053 o 10566 CORNING ILC 30-0229364 o 2780 BRAD-GROUP HOME 58-1736420 o 5561 BRAD-HOXIE AREA DEVELOPEMENT 58-1736418 o 10566 BLACK ROCK AREA DEVELOPMENT 58-1736417 o 5005 PIGGOTT HOUSING DEVELOPMENT 71-0597729 o 10566 BLACK RIVER AREA DEVELOPMENT 71-0387337 m 15866