Greater Phoenix Chamber Of Commerce
- Assets
- $2.1m
- Revenue
- $3.0m
- Investments
- $84.1k
- Employees
- 36
- Location
- Phoenix, AZ
- Founding
- 09/1943
- Data as of
- 06/2021
- EIN
- 86-0046963
Organization Overview
Greater Phoenix Chamber Of Commerce is located in Phoenix, AZ. The organization was established in 1943. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Greater Phoenix Chamber Of Commerce employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Phoenix Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Greater Phoenix Chamber Of Commerce generated $3.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $2.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GREATER PHOENIX CHAMBER OF COMMERCE PROMOTES REGIONAL PROSPERITY, SERVING AS A CATALYST FOR ECONOMIC VITALITY AND STRONG COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTING 2,400 BUSINESSES ACROSS THE GREATER PHOENIX REGION, THE GREATER PHOENIX CHAMBER (CHAMBER) PROMOTES REGIONAL PROSPERITY BY SERVING AS A CATALYST FOR ECONOMIC VITALITY AND STRONG COMMUNITIES. THE CHAMBER PURSUES THIS MISSION BY COLLABORATING WITH BUSINESS, POLITICAL, AND COMMUNITY LEADERS TO CREATE A REGIONAL APPROACH TO ECONOMIC DEVELOPMENT AND DRIVE A PRO-BUSINESS REGULATORY ENVIRONMENT. IN FISCAL YEAR 2021, AN ESTIMATED 650,000 EMPLOYEES OF MEMBER-COMPANIES WERE SERVED BY THE CHAMBER. ADDITIONALLY, THE CHAMBER IS THE LEADING VOICE OF BUSINESS AT THE STATE CAPITOL AND CITY HALL WHERE MEMBER-DRIVEN PRIORITIES GUIDE THE ADVOCACY EFFORTS. THE CHAMBER ENGAGED 250 EMPLOYERS THROUGH 50 PUBLIC AFFAIRS AND ISSUE COMMITTEE MEETINGS. WITH GUIDANCE FROM MEMBERS, THE CHAMBER SUPPORTED 54 BILLS THAT WERE SIGNED INTO LAW AND OPPOSED 23 BILLS THAT WERE DEFEATED. THE ARIZONA ECONOMIC DASHBOARD PROVIDES BUSINESSES WITH CURRENT, MEANINGFUL ECONOMIC DATA AND INFORMATION NEEDED TO MAKE RELEVANT DECISIONS AND KEEP BUSINESSES INFORMED. IN ADDITION, THE CHAMBER PRODUCES THE ARIZONA BUSINESS INDEX, AN EXTENSIVE STATEWIDE CONSUMER SENTIMENT SURVEY THAT PROVIDES A PULSE ON THE KEY INDICATORS THAT DRIVE THE ECONOMY. THE CHAMBER HAS ALSO MADE AVAILABLE TO THE COMMUNITY A DIVERSITY & INCLUSION TOOLKIT TO BE UTILIZED BY COMPANIES AS A STARTING POINT TO BEGIN IMPLEMENTING BEST PRACTICES INTO THEIR BUSINESS. THE FOUR PILLARS OF FOCUS INCLUDE THE ROLE OF CULTURE, UNCONSCIOUS BIAS, ROLE OF EMPLOYEES AND RECRUITING. FINALLY, THE CHAMBER CONNECTS MEMBERS OF THE BUSINESS COMMUNITY WITH OTHER PROFESSIONALS, ELECTED OFFICIALS, CRITICAL INFORMATION AND OPPORTUNITIES THROUGH RELEVANT EVENTS AND PROGRAMS. THIS WAS ACCOMPLISHED BY PROVIDING APPROXIMATELY 85 EVENTS THROUGHOUT THE YEAR THAT PROVIDE BUSINESSES ACCESS TO THE STRONGEST PROFESSIONAL NETWORK IN ARIZONA TO BUILD THE CONNECTIONS NEEDED TO HELP BUSINESSES GROW.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Sanders President/ce | OfficerTrustee | 40 | $331,069 |
Michael Huckins VP Of Public | Officer | 40 | $123,697 |
Lona Teague VP Finance & | Officer | 40 | $119,914 |
Janelle Tassart VP Prog Dvlp | Officer | 40 | $111,782 |
Debbie Drotar VP Business | Officer | 40 | $97,576 |
Jennifer Mellor Chief Innova | OfficerTrustee | 40 | $27,548 |
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 | $94,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,500 |
| Total Program Service Revenue | $2,628,327 |
| Investment income | $3,161 |
| 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 | $2,984,615 |
| 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. | $372,606 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,138,932 |
| Pension plan accruals and contributions | $50,575 |
| Other employee benefits | $74,709 |
| Payroll taxes | $108,781 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $282,282 |
| Advertising and promotion | $285,689 |
| Office expenses | $14,295 |
| Information technology | $92,677 |
| Royalties | $0 |
| Occupancy | $167,439 |
| Travel | $6,140 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,039 |
| Insurance | $25,976 |
| All other expenses | $3,040 |
| Total functional expenses | $2,771,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,151,972 |
| Savings and temporary cash investments | $549,198 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $128,963 |
| 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 | $35,160 |
| Net Land, buildings, and equipment | $148,638 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $84,135 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,098,066 |
| Accounts payable and accrued expenses | $292,032 |
| Grants payable | $0 |
| Deferred revenue | $1,115,230 |
| 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 | $3,642 |
| Total liabilities | $1,410,904 |
| Net assets without donor restrictions | $687,162 |
| Net assets with donor restrictions | $0 |
| 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 | $2,098,066 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Greater Phoenix Chamber Of Commerce has recieved totaling $574,632.
| Awarding Organization | Amount |
|---|---|
Honorhealth Scottsdale, AZ PURPOSE: PROGRAM SUPPORT | $554,632 |
Goodwill Industries Of Central Arizona Inc Phoenix, AZ PURPOSE: SPONSORSHIP | $7,500 |
Arizona State University Foundation For A New American University Tempe, AZ PURPOSE: PROGRAM SUPPORT | $6,500 |
Mayo Clinic Group Return Rochester, MN PURPOSE: SUPPORT EXEMPT PURPOSE | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Los Angeles Tourism & Convention Board Los Angeles, CA | $19,187,650 | $21,164,251 |
Orange County Realtors Laguna Hills, CA | $11,666,397 | $12,107,704 |
Anaheim Area Visitor And Convention Bureau Anaheim, CA | $14,446,478 | $12,147,236 |
Metropolitan Tucson Convention And Visitors Bureau Tucson, AZ | $11,117,181 | $12,905,654 |
Park City Area Chamber Of Commerce Convention & Visitors Buerau Park City, UT | $9,039,229 | $12,386,201 |
Denver Metro Chamber Of Commerce Denver, CO | $24,074,791 | $9,796,835 |
Visit Newport Beach Inc Newport Beach, CA | $8,210,060 | $9,447,693 |
Santa Barbara Conference And Visitors Bureau Santa Barbara, CA | $2,275,165 | $7,251,776 |
Arizona Association Of Realtors Phoenix, AZ | $41,549,602 | $11,298,614 |
Los Angeles Area Chamber Of Commerce Los Angeles, CA | $7,562,162 | $6,083,780 |
Sacramento Convention And Visitors Bureau Sacramento, CA | $12,491,564 | $12,454,571 |
Greater Las Vegas Chamber Of Commerce Inc Las Vegas, NV | $11,964,032 | $6,654,752 |