Nonprofit · EIN 71-0312420
ARKANSAS CAPITAL CORPORATION
Tax-exempt · LITTLE ROCK, AR 72201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $16,416,545 | $13,558,520 | $2,858,025 | $42,566,368 | $16,284,245 | $26,282,123 |
| December 31, 2024 | 990 | $14,681,016 | $9,601,880 | $5,079,136 | $35,379,756 | $12,170,443 | $23,209,313 |
| December 31, 2023 | 990 | $6,333,348 | $5,988,866 | $344,482 | $25,339,501 | $7,241,986 | $18,097,515 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $15,650,375
- Investment income
- $164,860
- Net gain from sales of assets
- -$1,548
- Other revenue
- $601,310
Expenses
- Grants and similar amounts paid
- $725,928
- Compensation of officers, directors and key employees
- $979,299
- Other salaries and wages
- $4,996,879
- Salaries, compensation and benefits (total)
- $7,282,389
- Professional fundraising fees
- $0
- Legal fees
- $390,827
- Accounting fees
- $471,249
- Occupancy
- $594,230
- Travel
- $621,583
- Depreciation
- $156,343
- Program services (functional)
- $10,697,699
- Management and general (functional)
- $2,860,821
Balance sheet and other
- Total assets, start of year
- $35,379,756
- Total assets, end of year
- $42,566,368
- Total liabilities, end of year
- $16,284,245
- Net assets, end of year
- $26,282,123
- Land, buildings and equipment
- $615,649
- Gross receipts
- $16,482,603
- Employees
- 41
- Volunteers
- 4
- Year formed
- 1957
- State of legal domicile
- AR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SEBASTIAN STUBBE | MANAGING DIRECTOR Highest-paid employee | 40 | $950,487 | $17,943 |
| SAM WALLS III | CEO Trustee or director, Officer | 40 | $428,465 | $51,609 |
| LESLIE LANE | PRESIDENT Officer | 40 | $272,327 | $33,233 |
| RUSH B DEACON | SVP Highest-paid employee | 40 | $259,004 | $31,287 |
| SEAN HATCH | SVP Highest-paid employee | 40 | $248,330 | $23,438 |
| CRAIG CALAFATI | EVP Highest-paid employee | 40 | $219,390 | $30,610 |
| BERT KING | SVP Highest-paid employee | 40 | $194,177 | $36,738 |
| SCOTT GARDNER | CFO Officer | 40 | $146,111 | $13,104 |
| KEVIN BURNS | DIRECTOR Trustee or director | 0 | $2,950 | $0 |
| BRYAN SCOGGINS | CHAIRMAN Trustee or director, Officer | 0 | $2,900 | $0 |
| J RUSSELL GUERRA | VICE CHAIRMAN Trustee or director, Officer | 0 | $2,600 | $0 |
| SHELLE RANDALL | DIRECTOR Trustee or director | 0 | $2,200 | $0 |
| JERRY BULLARD | DIRECTOR Trustee or director | 0 | $2,150 | $0 |
| ROBERT T TED GAMMILL | DIRECTOR Trustee or director | 0 | $2,050 | $0 |
| KAREN MARINE | DIRECTOR Trustee or director | 0 | $2,050 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMILY MCELROY | DIRECTOR Trustee or director | 0 | $2,050 |
| WILLIAM STAED | DIRECTOR Trustee or director | 0 | $2,000 |
| JEFF AMERINE | DIRECTOR Trustee or director | 0 | $2,000 |
| MARTHA MOORE | DIRECTOR Trustee or director | 0 | $2,000 |
| DAVID SHINDLER | DIRECTOR Trustee or director | 0 | $1,900 |
| LORRIE TROGDEN | DIRECTOR Trustee or director | 0 | $1,900 |
| VIRGIL L MILLER JR | DIRECTOR Trustee or director | 0 | $1,650 |
| SHAMIM OKOLLOH | DIRECTOR Trustee or director | 0 | $1,500 |
| LAURA FINE | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SEBASTIAN STUBBE | MANAGING DIRECTOR Highest-paid employee | 40 | $909,031 | $44,444 |
| SAM WALLS III | CEO Trustee or director, Officer | 40 | $451,941 | $62,596 |
| LESLIE LANE | PRESIDENT Officer | 40 | $375,450 | $43,575 |
| RUSH B DEACON | SVP Highest-paid employee | 40 | $248,076 | $30,963 |
| CRAIG CALAFATI | EVP Highest-paid employee | 40 | $203,071 | $26,992 |
| BECKA WEBB | SECRETARY & TREASURER Highest-paid employee | 40 | $194,829 | $19,483 |
| BERT KING | SVP Highest-paid employee | 40 | $178,897 | $35,217 |
| SCOTT GARDNER | CFO Officer | 40 | $109,937 | $11,324 |
| DREW SPEED | CFO (JAN-SEPT) Officer | 40 | $102,202 | $13,132 |
| KEVIN BURNS | DIRECTOR Trustee or director | 0 | $2,650 | $0 |
| BRYAN SCOGGINS | VICE CHAIRMAN Trustee or director, Officer | 0 | $2,500 | $0 |
| CARROLL PENICK | CHAIRMAN Trustee or director, Officer | 0 | $2,400 | $0 |
| DAVID SHINDLER | DIRECTOR Trustee or director | 0 | $2,350 | $0 |
| VIRGIL L MLLER JR | DIRECTOR Trustee or director | 0 | $2,350 | $0 |
| J RUSSELL GUERRA | DIRECTOR Trustee or director | 0 | $2,350 | $0 |
| WILLIAM STAED | DIRECTOR Trustee or director | 0 | $2,300 | $0 |
| LORRIE TROGDEN | DIRECTOR Trustee or director | 0 | $2,200 | $0 |
| ROBERT TED GAMMILL | DIRECTOR Trustee or director | 0 | $2,100 | $0 |
| KAREN MARINE | DIRECTOR Trustee or director | 0 | $2,100 | $0 |
| EMILY MCELROY | DIRECTOR Trustee or director | 0 | $2,100 | $0 |
| SHELLE RANDALL | DIRECTOR Trustee or director | 0 | $2,100 | $0 |
| MARTHA MOORE | DIRECTOR Trustee or director | 0 | $2,050 | $0 |
| JEFF AMERINE | DIRECTOR Trustee or director | 0 | $1,500 | $0 |
| SHAMIM OKOLLOH | DIRECTOR Trustee or director | 0 | $1,500 | $0 |
| JERRY BULLARD | DIRECTOR Trustee or director | 0 | $1,000 | $0 |
| LAURA FINE | DIRECTOR Trustee or director | 0 | $0 | $0 |
990 for the year ended December 31, 2023: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SAM WALLS III | CEO Trustee or director, Officer | 40 | $297,627 | $46,694 |
| LESLIE LANE | PRESIDENT Officer | 40 | $265,744 | $32,449 |
| RUSH B DEACON | SVP Officer | 40 | $208,384 | $27,716 |
| CRAIG CALAFATI | EVP Officer | 40 | $183,058 | $25,553 |
| BERT KING | SVP Officer | 40 | $167,247 | $30,842 |
| SANDRA HAIRSTON | EVP - SEC/TREAS Officer | 40 | $133,776 | $25,521 |
| ANDREW SPEED | CFO Officer | 40 | $121,755 | $18,014 |
| BECKA WEBB | ASST. SEC-TREASURER Highest-paid employee | 40 | $126,482 | $9,434 |
| JASON GOBER | VP Highest-paid employee | 40 | $110,730 | $24,777 |
| ZIWEI MICHELLE CHEN | VP Highest-paid employee | 40 | $110,263 | $10,826 |
| LATWAN CHEATHEM | VP Highest-paid employee | 40 | $105,323 | $12,688 |
| LANA WALDRON | VP Highest-paid employee | 40 | $101,055 | $10,771 |
| LAURA FINE | DIRECTOR Trustee or director | 0 | $0 | $0 |
| JERRY BULLARD | DIRECTOR Trustee or director | 0 | $0 | $0 |
| LORRIE TROGDEN | DIRECTOR Trustee or director | 0 | $0 | $0 |
| EMILY MCELROY | DIRECTOR Trustee or director | 0 | $0 | $0 |
| ROBERT GAMMILL | DIRECTOR Trustee or director | 0 | $0 | $0 |
| J RUSSELL GUERRA | DIRECTOR Trustee or director | 0 | $0 | $0 |
| BRYAN SCOGGINS | DIRECTOR Trustee or director | 0 | $0 | $0 |
| KAREN MARINE | DIRECTOR Trustee or director | 0 | $0 | $0 |
| MARTHA MOORE | DIRECTOR Trustee or director | 0 | $0 | $0 |
| VIRGIL L MILLER JR | DIRECTOR Trustee or director | 0 | $0 | $0 |
| DAVID SHINDLER | DIRECTOR Trustee or director | 0 | $0 | $0 |
| JEFF AMERINE | DIRECTOR Trustee or director | 0 | $0 | $0 |
| WILLIAM STAED | DIRECTOR Trustee or director | 0 | $0 | $0 |
| CARROLL PENICK | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| KEVIN BURNS | CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| SHELLE RANDALL | DIRECTOR Trustee or director | 0 | $0 | $0 |
| SHAMIM OKOLLOH | DIRECTOR Trustee or director | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 RIVER MARKET AVE STE 400, LITTLE ROCK, AR 72201-1766
- Principal officer (990 for 2025)
- SAM WALLS III, 200 RIVER MARKET AVE SUITE 400, LITTLE ROCK, AR 72201
- Signed the 990
- LESLIE LANE, PRESIDENT
- Phone
- (501) 374-9247
- Website
- WWW.ACCCAPITAL.COM
- Return prepared by
- HOGANTAYLOR LLP
Mission
ACC CAPITAL IS A PRIVATE NONPROFIT FINANCIAL LEADER ON A MISSION FOR ECONOMIC CHANGE. WE ARE DEDICATED TO EMPOWERING ENTREPRENEURS AND UPLIFTING COMMUNITIES WITH ACCESSIBLE LOANS, RESOURCES, AND OVER 68 YEARS OF EXPERIENCE.
Program accomplishments
- TO PROMOTE, STIMULATE, DEVELOP AND ADVANCE THE BUSINESS PROSPERITY AND ECONOMIC WELFARE NATIONWIDE. TO PROVIDE FINANCING FOR THE PROMOTION, DEVELOPMENT AND CONDUCT OF ALL KINDS OF BUSINESSES IN THE US, WHILE ASSISTING IN THE ECONOMIC DEVELOPMENT THROUGH INTERMEDIATE AND LONG-TERM LOANS.
- ACC CAPITAL OPERATES A MICROLOAN PROGRAM - A SMALLER LENDING SERVICE OF $5,000 TO $50,000; DESIGNED TO SUPPORT SMALL BUSINESSES AND ENTREPRENEURS ON THEIR WAY TO SUCCESS. FOCUSING ON ARKANSAS AND THE MEMPHIS AREA, THIS PROGRAM SEEKS TO CREATE NEW BUSINESS OPPORTUNITIES THROUGH LOANS AND TECHNICAL ASSISTANCE WHEN BUSINESSES ARE OVERLOOKED BY TRADITIONAL LENDERS.
- ACC CAPITAL FORMED PINE STATE REGIONAL CENTER AS AN ARKANSAS LIMITED LIABLITY 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.
- ACC CAPITAL FORMED HEARTLAND RENAISSANCE FUND, LLC FOR THE PURPOSE OF OPERATING AS A "QUALIFIED COMMUNITY DEVELOPMENT ENTITY" UNDER THE NEW MARKET TAX CREDIT PROGRAM IN ORDER TO PROVIDE INVESTMENT CAPITAL FOR LOW-INCOME COMMUNITIES OR LOW-INCOME PERSONS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 71-0312420
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1965
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $42,566,368
- Income (IRS master file)
- $16,482,603
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $16,416,545 | $13,558,520 | $42,566,368 | XML |
| 990 | December 2024 | $14,681,016 | $9,601,880 | $35,379,756 | XML |
| 990 | December 2023 | $6,333,348 | $5,988,866 | $25,339,501 | XML |
| 990 | December 2022 | $6,212,873 | $5,125,872 | $24,035,147 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 71-0312420).
Questions about ARKANSAS CAPITAL CORPORATION
- What is the EIN of ARKANSAS CAPITAL CORPORATION?
- The employer identification number (EIN) of ARKANSAS CAPITAL CORPORATION is 71-0312420.
- Is ARKANSAS CAPITAL CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1965.
- Are donations to ARKANSAS CAPITAL CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ARKANSAS CAPITAL CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ARKANSAS CAPITAL CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARKANSAS CAPITAL CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ARKANSAS CAPITAL CORPORATION?
- The 990 for the year ended December 31, 2025 names SAM WALLS III.
- Who are the officers and directors of ARKANSAS CAPITAL CORPORATION?
- The 990 for the year ended December 31, 2025 lists 24 people; 23 received compensation from the organization, the highest $950,487 (SEBASTIAN STUBBE, MANAGING DIRECTOR).
- How much revenue does ARKANSAS CAPITAL CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $16,416,545, expenses of $13,558,520 and total assets of $42,566,368 at year end.
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- JESUS FUND EIN 86-1108441 · last filed 990-PF for 2025
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