Monday, August 6, 2007

August 6-10

Monday - Mark - Helena
Tuesday -
Wednesday - Susan & Mark – Heber Springs
Thursday - Susan & Mark - Hardy

Friday – Susan & Mark – Hardy

Caroline out until August 13, wedding

The Arkansas Historic Preservation Program, an agency of the Department of Arkansas Heritage, is soliciting comments on regional historic preservation issues through a questionnaire on its website, AHPP Director Ken Grunewald announced today.

The questionnaire is available on the AHPP website at http://www.arkansaspreservation.org/planning-survey/ through September 30 and comments received through the survey will help shape the agency’s goals for the next five years.

IN THIS ISSUE:
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VARIOUS PRESS
NEW STATE LAW AFFECTING NON-PROFITS
2007 BANK ENTERPRISE AWARDS PROGRAM

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Nice press for MSA

http://www.kait8.com/Global/story.asp?S=6840923

Good press for Main Street Batesville:

http://www.guardonline.com/?module=displaystory&story_id=40572&format=html

Good Main Street Paragould press:

http://www.thetd.com/freepages/2007-08-01/news/story3.php

Gina visited Walnut Ridge & spoke to a group who is interested in ADN, following up on a number of visits Greg’s made.

Main Street Argenta’s mini-grant guidelines posted here:

http://www.mainstreetargenta.org/images/stories/07_08-dtr_minigrant_docs.doc

From Arkansas Coalition for Excellence (ACE)

New State Law that Affects Non-Profits

Take a look at the information regarding Act 569 which will affect all AR nonprofit organizations.

If you currently file reports with the Arkansas Attorney General's office, you will continue to do so. This Act is a separate filing with the Arkansas Secretary of State's office. It was passed during the 2007 legislative session to ensure that the Secretary of State's office has accurate up to date information on all nonprofits in our state. This report does not require a fee. We encourage you to take a look at the information.

Act 569 of 2007 requires nonprofit corporations to file an annual report with the Arkansas Secretary of State.

The annual report will be due by August 1st of each year starting August 1, 2008.

The Arkansas Secretary of State's office is collecting the following information:

Name of the non-profit

Name of a contact person and their mailing address

E-mail address (if applicable)

Contact phone number (if applicable)

Information can be sent in the following manner:

- Fill out form on the web at http://www.sos.arkansas.gov

Go to Business and Commercial Services

Go to Corporations

Go to Fees, Forms and Procedures

Go to Domestic Non-Profit Corporations

Click on the link for Application for Change of Address

- E-mail to: corporation@sos.arkansas.gov

- Mail to: Business and Commercial Services

State Capitol

Little Rock, AR 72201-1094

-Fax to: (501) 682-3437


You may also download the attached copy of the press release from the Arkansas Secretary of State's office regarding this Act. Thank you for your interest in this important new policy. Spread the word to your organizations.


Are you a board member or officer of a non-profit organization? If so the Secretary of State’s Office needs current contact information for your organization.

During the 86th General Assembly, the legislature approved Act 569, requiring nonprofit corporations to file an annual report with the Arkansas Secretary of State’s office.

This act will help the Business and Commercial Services division update records. It requires all non-profit corporations to file an annual report which must include the name and address of the organization’s officers, directors and agent for service of process. The new annual report will be due by August 1 of 2008 and each year thereafter.


To assist the Secretary of State in updating existing but out-of-date addresses on current nonprofit entities, the office is requesting that current address and contact information be immediately submitted either by logging on to their website at www.sos.arkansas.gov, by email to corporations@sos.arkansas.gov, by mail to Business and Commercial Services, Arkansas Secretary of State, State Capitol, Little Rock, AR 72201, or by fax to 501-682-3437.

The first annual report, for the 2007 reporting year, will not be due until August 1, 2008. The Business and Commercial Service office plans an extensive campaign to notify non-profit corporations of this new requirement. However, the state needs immediate information regarding a current address and contact person.

Questions may be directed to a corporate team member at the above contacts, or by telephone at 501-682-3437

2007 Round of Bank Enterprise Award (BEA) Program Now Open

Thanks to AEO for this one.

This may be a little out of the typical Main Street scope, but might be worth passing on to bankers in your community as it could help out your program in the long run

· News Release: BEA FY 2007 Funding Round Announcement

· Federal Register Notice: Notice of Funds Availability (NOFA)

Through the Bank Enterprise Award (BEA) Program, the CDFI Fund supports financial institutions around the country that are dedicated to financing and supporting community and economic development activities. The BEA Program complements the community development activities of insured depository institutions (i.e., banks and thrifts) by providing financial incentives to expand investments in CDFIs and to increase lending, investment, and service activities within economically distressed communities. Providing monetary awards for increasing community development activities leverages the Funds dollars and puts more capital to work in distressed communities throughout the nation.

Eligibility

All depository institutions insured by the Federal Deposit Insurance Corporation (FDIC) are eligible to apply for a BEA Program award.

For more detailed information, please refer to the Notice of Funds Availability (NOFA) found in the Application Materials section below.