Nonprofits Archive

Baptist Health Struck With Buyer's Remorse Over WLR School Deal

by Arkansas Business Staff 10/20/2014 12:00 am

The 121,211-SF facility was repurchased for $8.5 million last month from BCP-Colonel Glenn LLC, whose ownership includes Sam Alley, secretary-treasurer of the Baptist Health Foundation Board of Trustees.

Maumelle Warehouse Attracts $11.2M Sale (Real Deals)

by George Waldon 10/20/2014 12:00 am

A 484,932-SF warehouse project in Maumelle tipped the scales at $11.2 million. Construction of a 30,000-SF office building is following a $2.3 million land deal in downtown Little Rock. And a North Little Rock car wash is under new ownership after a $1.72 million deal.

The Mind of an Entrepreneur (Mitch Bettis Publisher's Note)

by Mitch Bettis 10/13/2014 12:00 am

On Oct. 24, Arkansas Business, in partnership with the College of Business at the University of Arkansas at Little Rock, is hosting another Power Breakfast executive panel.

Volunteer Directors, Take Note (Editorial)

by Arkansas Business Editors 10/13/2014 12:00 am

It may be that the volunteer directors of the nonprofit Crittenden Hospital Association were being deliberately misled. That's something an investigation should determine. But the Crittenden case does serve as an excellent reminder to volunteer directors of nonprofit organizations everywhere, and especially the thousands who read Arkansas Business: When you accept the job of director, you have responsibilities.

Little Rock Walgreens Sells for $5.7 Million (Real Deals)

by George Waldon 10/13/2014 12:00 am

ARCP WG Little Rock AR LLC of Phoenix bought the 15,181-SF store at 1601 Main St. from Stamja-DT AR Properties LLC, led by Jason LaFrance.

U.S. Poverty Rate Falls for First Time Since 2006

by Arkansas Business Staff 10/13/2014 12:00 am

The official poverty rate in the U.S. in 2013 stood at 14.5 percent, down from 15 percent in 2012, making it the first decline in the poverty rate since 2006.

Crystal Bridges' State of the Art Exhibition Means Business for Arkansas Artists

by Jan Cottingham 10/13/2014 12:00 am

The State of the Art exhibition at Crystal Bridges Museum of American Art, which has gained national attention, has been transformative for Little Rock artist Delita Martin, who has three pieces in the exhibit.

Jane Chu: Main Street Revitalization Awakens a Cultural District

by Lee Hogan 10/7/2014 03:35 pm

Jane Chu, chairman of the National Endowment for the Arts, said the revitalization of downtown Little Rock's Main Street has awakened a cultural district.

Catherine Robinson Moves Into New Executive Director Role at Arkansas Children's Hospital

by Arkansas Business Staff 10/6/2014 12:00 am

Catherine Robinson began her new role as executive director of children's specialty services at Arkansas Children's Hospital in September.

Little Rock Hospitals Dominate List of Largest Medical Centers

by Mark Friedman 10/6/2014 12:00 am

Arkansas Business' list of the largest hospitals and medical centers was once again dominated by hospitals in Little Rock. UAMS Medical Center remained No. 1 on the list with net patient revenue of $648.7 million for its fiscal year that ended June 30.

2 New Osteopathic Med Schools Hope to Fill Need

by Marty Cook 10/6/2014 12:00 am

Groundwork has already started on the Arkansas Colleges of Health Education in Fort Smith, which will include a 100,000-SF main building and several other buildings with an expected price tag of approximately $32 million. Arkansas State University at Jonesboro is building a College of Osteopathic Medicine with its partner, the New York Institute of Technology.

Hospital Executives Report Better Finances

by Michell Corbet, Jan Cottingham and Gwen Moritz 10/6/2014 12:00 am

Last week, Arkansas Business staff writers checked in with the top administrators of five hospitals, large and small. Here's what we learned.

Crittenden Regional Hospital's True Financial Status Surprised Directors

by Mark Friedman 10/6/2014 12:00 am

Directors of Crittenden Regional Hospital learned on Aug. 19 that its monthly revenue was only $2 million — about half what they had previously been led to believe — while expenses were about $5 million, the CEO of the shuttered hospital revealed in a bankruptcy court filing.

Jane Chu to Visit Little Rock, North Little Rock Next Week

by Arkansas Business Staff 10/3/2014 09:51 am

The chairman of the National Endowment for the Arts is scheduled to be in central Arkansas next week to meet with the arts community in Little Rock and North Little Rock.

Dominik Mjartan Promoted at Southern Bancorp

by Arkansas Business Staff 10/1/2014 10:22 am

Dominik Mjartan has been named CEO of Southern Bancorp Community Partners and executive vice president of Southern Bancorp Inc., the nonprofit organization announced Wednesday.

ARK Challenge: Tagless Continues Trend Toward Social Entrepreneurship

by Mark Carter 9/30/2014 11:12 am

Social entrepreneurship seems to be as important to today's rising generation of entrepreneurs as turning a profit. Gabe Couch's Tagless seeks to partner shoppers with personal stylists who will hook them up with nonprofit, second-hand clothing distributors.

Bank Branch Trio Generates $3.45M Sale (Real Deals)

by George Waldon 9/29/2014 12:00 am

Three former Metropolitan National Bank branches combined for a $3.45 million transaction. A 3-acre parking lot in west Little Rock is under new ownership after a $1.7 million deal. And a 50-room motel in Jacksonville changed hands in a $1.2 million deal.

'Jobs Now' Summit Examines Growing Skills Gap

by Mark Carter 9/24/2014 07:30 am

Ways to address a growing manufacturing skills gap was the focus of Tuesday's "Jobs Now: Arkansas Works When We Do" summit hosted by the Arkansas State Chamber of Commerce.

Arkansas Business Presents 2014's 'The New Influentials: 20 In Their 20s'

by Gwen Moritz 9/22/2014 12:00 am

Since 2009 Arkansas Business has sought out talented young leaders in our business and nonprofit community to introduce in a feature called The New Influentials: 20 in Their 20s.

Argenta Community Development Corp. Weighs Its Future

by Mark Friedman 9/22/2014 12:00 am

While Argenta Community Development Corp. of North Little Rock ponders its future — including whether to dissolve — the nonprofit first must deal with a foreclosure lawsuit filed against it last month after defaulting on a $560,000 loan.