Greater Phoenix Chamber Foundation
- Assets
- $2.8m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 42
- Location
- Phoenix, AZ
- Founding
- 04/2016
- Data as of
- 06/2023
- EIN
- 81-1367313
Organization Overview
Greater Phoenix Chamber Foundation is located in Phoenix, AZ. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, Greater Phoenix Chamber Foundation employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Phoenix Chamber Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Greater Phoenix Chamber Foundation generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.2% each year . All expenses for the organization totaled $3.6m during the year ending 06/2023. While expenses have increased by 43.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GPCF CONVENES AND CATALYZES BUSINESS, EDUCATION, AND COMMUNITY TO ENHANCE COLLEGE AND CAREER READINESS, DEVELOP A STRONGER WORKFORCE, AND BUILD HEALTHIER COMMUNITIES THROUGHOUT ARIZONA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION (ELEVATEEDAZ): ELEVATEEDAZ PREPARES INDIVIDUALS FOR COLLEGE AND CAREER THROUGH STRONGER ALIGNMENT BETWEEN EDUCATION, BUSINESS, AND THE COMMUNITY. ELEVATEEDAZ TRANSFORMS EDUCATION THROUGH THE FOLLOWING OBJECTIVES: INCREASE THE NUMBER OF STUDENTS COMPLETING HIGH-WAGE, HIGH-DEMAND CAREER PATHWAYS THROUGH STRONGER PATHWAY ARTICULATION AND CAREER AWARENESS ACTIVITIES. INCREASE ATTAINMENT OF INDUSTRY-RECOGNIZED CREDENTIALS AND EARLY POSTSECONDARY CREDIT BY REMOVING BARRIERS TO DUAL ENROLLMENT AND INCENTIVIZING STUDENTS AND TEACHERS FOR IMPROVED OUTCOMES. PROVIDE MORE STUDENTS WITH WORK-BASED LEARNING EXPERIENCES BY APPLYING ACADEMICS THROUGH INTERNSHIPS AND JOB SHADOWS AND EMPOWER EDUCATORS TO REIMAGINE CLASSROOM LEARNING THROUGH EDUCATOR EXTERNSHIPS WHERE TEACHERS LEARN SKILL SETS FROM THE INDUSTRY.
WORKFORCE DEVELOPMENT: IN AN EFFORT TO PROMOTE PROSPERITY, GPCF FOCUSES ON WORKFORCE DEVELOPMENT. GPCF SERVES AS A LINK BETWEEN INDUSTRY AND EDUCATION, ASSISTING COMPANIES IN ADDRESSING GROWING WORKFORCE NEEDS AND PROVIDING PEOPLE ACCESS TO QUALITY CAREER OPPORTUNITIES. GPCF CONVENES FIVE EMPLOYER-LED WORKFORCE COLLABORATIVES IN THE AREAS OF CONSTRUCTION, CYBERSECURITY, HEALTH CARE, ADVANCED MANUFACTURING, AND IT TO BUILD MORE ROBUST TALENT PIPELINES. IN TOTAL, THE WORKFORCE COLLABORATIVES ENGAGE WITH OVER 200 ARIZONA EMPLOYERS, EMPHASIZING ENHANCED CAREER AWARENESS, IMPROVED EDUCATIONAL ALIGNMENT, AND NEW OPPORTUNITIES FOR WORKPLACE LEARNING. DURING THE PAST YEAR, GPCF LAUNCHED CONNECT TO WORK AZ TO INCREASE ECONOMIC MOBILITY THROUGH CAREER OPPORTUNITIES. THROUGH OUR JOBS-FIRST WORKFORCE APPROACH, WE COLLABORATE WITH EMPLOYERS TO IDENTIFY HIRING NEEDS AND DEVELOP CAREER PATHWAYS. THEN, WE CONNECT QUALIFIED UNEMPLOYED AND UNDEREMPLOYED CANDIDATES DIRECTLY TO HIRING MANAGERS, IMPACTING ECONOMIC MOBILITY IN PHOENIX'S HISTORICALLY UNDERSERVED COMMUNITIES.
WELLNESS ATOZ: WELLNESS ATOZ IS A COMMUNITY HEALTH INITIATIVE OF THE GREATER PHOENIX CHAMBER FOUNDATION AIMED AT MAKING THE GREATER PHOENIX REGION KNOWN AS A DESTINATION FOR HEALTHY TALENT AND A HEALTHY COMMUNITY. WELLNESS ATOZ COMPLEMENTS EXISTING WELLNESS PROGRAMS, HIGHLIGHTING BEST PRACTICES AND OFFERING FREE TOOLS TO ENHANCE YOUR WELLNESS PROGRAM. BY ENCOURAGING COMPANIES TO EATWELL, PLAYWELL, LIVEWELL AND WORKWELL, WELLNESS ATOZ HELPS COMPANIES INVEST IN THEIR MOST IMPORTANT RESOURCE - THEIR EMPLOYEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Sanders President & CEO | OfficerTrustee | 10 | $100,464 |
Jennifer Mellor Chief Innovation Officer | OfficerTrustee | 36 | $167,331 |
Stacy Derstine Chair | OfficerTrustee | 1 | $0 |
Laura Lynn Smith Vice Chair And Secretary | OfficerTrustee | 1 | $0 |
Sara Gordon Treasurer | OfficerTrustee | 1 | $0 |
Phillip Huhta Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Career Connectors Network Marketing & Social Media | 6/29/23 | $180,747 |
Insightful Education Solutions Llc Communications & Development | 6/29/23 | $119,611 |
Ideas Collide Marketing & Media Production | 6/29/23 | $437,232 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,830,798 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,830,798 |
| Total Program Service Revenue | $202,328 |
| Investment income | $2,794 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,300,750 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $289,991 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,263,925 |
| Pension plan accruals and contributions | $27,241 |
| Other employee benefits | $64,325 |
| Payroll taxes | $123,733 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,257 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $25,200 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $207,604 |
| Advertising and promotion | $886,069 |
| Office expenses | $22,672 |
| Information technology | $51,031 |
| Royalties | $0 |
| Occupancy | $134,706 |
| Travel | $39,436 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $233,761 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,420 |
| Insurance | $9,111 |
| All other expenses | $0 |
| Total functional expenses | $3,624,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $659,536 |
| Savings and temporary cash investments | $162,057 |
| Pledges and grants receivable | $798,000 |
| Accounts receivable, net | $1,079,113 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,540 |
| Net Land, buildings, and equipment | $75,701 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,799,947 |
| Accounts payable and accrued expenses | $314,177 |
| Grants payable | $0 |
| Deferred revenue | $9,795 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $318,646 |
| Total liabilities | $642,618 |
| Net assets without donor restrictions | $411,448 |
| Net assets with donor restrictions | $1,745,881 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,799,947 |