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SERVE AS A SUPPORTING ORGANIZATION TO THE ARLINGTON CHAMBER OF COMMERCE AND TO LESSEN THE BURDENS OF THE ARLINGTON LOCAL GOVERNMENT WITH RESPECT TO MATTERS OF ECONOMIC DEVELOOPMENT AND URBAN LAND USE AND TO PROVIDE EDUCATION TO THE PUBLIC ABOUT LOCAL GOVERNMENT. FORM 990, PART VI, LINE 6 - CLASSES OF MEMBERS OR STOCKHOLDERS ORGANIZED WITH MEMBERS FORM 990, PART VI, LINE 7A - ELECTION OF MEMBERS AND THEIR RIGHTS THERE IS A NOMINATION PROCESS EVERY YEAR TO ELECT THE BOARD OF DIRECTOS. MEMBERS AND EMPLOYEES CAN MAKE RECOMMENDATIONS. FORM 990, PART VI, LINE 7B - DECISIONS SUBJECT TO APPROVAL OF MEMBERS DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO A VOTE BY THE BOARD. FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY IS DISTRIBUTED AT YEAR END AND THE BOARD OF DIRECTOS VOTES ON ANY CHANGES AND THEY APPROVE THE POLICY, AND BOARD MEMBERS SIGN AN ACKNOWLEDGEMENET.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$20K
Program Spending
100%
of total expenses go to program services
Total Contributions
$19.2K
Total Expenses
▼$45.5K
Total Assets
$60.5K
Total Liabilities
▼$0
Net Assets
$60.5K
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$848
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: SOUNK
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $20K | $19.2K | $45.5K | $60.5K | $60.5K |
| 2022 | $55.6K | $55.6K | $52.3K | $100.4K | $100.4K |
| 2021 | $43.3K | $40.8K | $43.8K | $97.1K | $97.1K |
| 2020 | $53.4K | $53.3K | $38.2K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Michael Jacobson | President/ce | 40 | $0 | $252.4K | $28.5K | $280.9K |
Michael Jacobson
President/ce
$280.9K
Hrs/Wk
40
Compensation
$0
Related Orgs
$252.4K
Other
$28.5K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Cindy Salter | Director | 1 | $0 | $0 | $0 | $0 |
| Darla Peznell | Director | 1 | $0 | $0 | $0 | $0 |
| Don Duke | Chairman | 1 | $0 | $0 | $0 | $0 |
| Jim Maibach | Director | 1 | $0 | $0 | $0 | $0 |
| Terry Gaines | Treasurer | 1 | $0 | $0 | $0 | $0 |
Cindy Salter
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Darla Peznell
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Don Duke
Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $97.6K |
| $97.6K |
| 2019 | $31.4K | $31.1K | $133.1K | $92.4K | $82.4K |
| 2018 | $32.1K | $32K | $253K | $184.1K | $184.1K |
| 2017 | $249.3K | $249.2K | $195.5K | $409.1K | $405K |
| 2016 | $339.2K | $339.2K | $693K | $402K | $351.2K |
| 2015 | $2.7M | $1.4M | $2.1M | $1.1M | $705K |
| 2014 | $1.7M | $606.2K | $2M | $1.6M | $147K |
| 2013 | $1.3M | $506.6K | $2.2M | $1.4M | $468.6K |
| 2012 | $2.7M | $1.9M | $2.6M | $1.7M | $1.4M |
| 2011 | $2.3M | $915.7K | $2.1M | $1.6M | $1.3M |
PDF not yet published by IRSView Filing → |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
Jim Maibach
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Terry Gaines
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0