Tucson Metropolitan Chamber Of Commerce
- Assets
- $1.7m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 15
- Location
- Tucson, AZ
- Founding
- 02/1943
- Data as of
- 12/2022
- EIN
- 86-0062660
Organization Overview
Tucson Metropolitan Chamber Of Commerce is located in Tucson, 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 12/2022, Tucson Metropolitan Chamber Of Commerce employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tucson Metropolitan 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 12/2022, Tucson Metropolitan Chamber Of Commerce generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE TUCSON METRO CHAMBER IS A MEMBERSHIP-BASED BUSINESS ADVOCACY AND COMMUNITY DEVELOPMENT ORGANIZATION THAT REPRESENTS 1,500 BUSINESSES EMPLOYING MORE THAN 160,000 EMPLOYEES IN TUCSON AND PIMA COUNTY. THE TUCSON METRO CHAMBER IS COMMITTED TO BEING THE CONNECTOR OF LEADERS AND INFLUENCERS, A CATALYST FOR BUSINESS GROWTH, AND A CHAMPION FOR A STRONGER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE DEVELOPMENT - CONTINUED CONSTRUCTION SECTOR PARTNERSHIP TO ADDRESS WORKFORCE NEEDS. HELD BUSINESS SUMMIT TO INFORM BUSINESS OWNERS OF WAYS TO IMPROVE THEIR BUSINESS. CONTINUED HEALTH CARE ROUNDTABLE. MOVED FORWARD WITH THE FIVE RECOMMENDATIONS THE WORKFORCE BLUEPRINT THAT CAN POSITIVELY IMPACT TALENT DEVELOPMENT AND ATTRACTION STRATEGIES. PARTNERED WITH SUNNYSIDE UNIFIED SCHOOL DISTRICT AND AZ CYBER INITIATIVE ON CAREER PATHWAY INITIATIVES. LEADING ON THE WORKFORCE INVESTMENT BOARD TO CREATE MORE APPRENTICESHIPS AND INTERNSHIPS WITHIN INDUSTRY.
ADVOCACY - CREATED THE COALITION AGAINST RETAIL THEFT THAT INCLUDES PUBLIC SAFETY AGENCIES, PIMA COUNTY ATTORNEY AND BUSINESSES AFFECTED BY RETAIL THEFT AND PROPERTY DAMAGE. BUILT A STRONG COALITION OF COMMERCIAL DEVELOPERS TO LOBBY ON THE EV ISSUE IN THE CITY. HELD STATE LEGISLATURE AND PIMA COMMUNITY COLLEGE CANDIDATE FORUMS. SUBMITTED A FOIA OF PCC TO GARNER INFORMATION ON UNRULY GOVERNING BOARD MEMBERS. HOSTED ROUNDTABLE EVENTS WITH SMALL BUSINESSES, EXECUTIVE-LEVEL MEMBERS AND KEY ELECTED OFFICIALS AND JURISDICTION ADMINISTRATORS. SUCCESSFULLY LOBBIED SEVERAL LOCAL ISSUES RELATED TO LAND USE, RETAILERS, AND COMMERCIAL AND INDUSTRIAL DEVELOPMENT.
CONNECTIONS - HOSTED 20 NETWORKING EVENTS. CONTINUED COFFEE & CONTACTS, CHAMBER XCHANGE AND ISSUES WITH A TWIST. OVER 50 RIBBON CUTTINGS, MIXERS AND MAJOR EVENTS WITH OVER 1,800 ATTENDEES. HONORED 55 SMALL BUSINESSES AND NON-PROFITS AT THE WELLS FARGO PRESENTED COPPER CACTUS AWARDS. OUR WORKFORCE INITIATIVES WORK EXPANDED TO BRING GOVERNMENT, EMPLOYERS, EDUCATION AND WORKFORCE DEVELOPMENT, AND MARKETING EFFORTS TOGETHER TO ADDRESS TALENT DEVELOPMENT AND ATTRACTION. HOSTED 3000 REGISTRANTS COMBINED AT THE BUSINESS SUMMIT, STATE OF THE CITY, UA ATHLETICS MIXER, AND COPPER CACTUS AWARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edmund Marquez Chair Of The Board | OfficerTrustee | 1 | $0 |
Linda Welter Vice Chair Of The Board | OfficerTrustee | 1 | $0 |
Danette Bewley Secretary | OfficerTrustee | 1 | $0 |
T Vanhook Schuld Treasurer | OfficerTrustee | 1 | $0 |
Rob Assenmacher Board Member | Trustee | 1 | $0 |
Kathi Beranek Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,337,141 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,347,141 |
| Total Program Service Revenue | $312,003 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,870 |
| Net Rental Income | $15,935 |
| 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 | $1,917,153 |
| 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. | $125,670 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $589,417 |
| Pension plan accruals and contributions | $16,120 |
| Other employee benefits | $0 |
| Payroll taxes | $34,890 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,970 |
| Fees for services: Accounting | $99,474 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $65,796 |
| Advertising and promotion | $7,507 |
| Office expenses | $6,169 |
| Information technology | $27,773 |
| Royalties | $0 |
| Occupancy | $194,885 |
| Travel | $12,775 |
| 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 | $9,664 |
| Insurance | $91,592 |
| All other expenses | $35,319 |
| Total functional expenses | $1,603,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $731,879 |
| Savings and temporary cash investments | $82,428 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $158,803 |
| 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 | $24,880 |
| Net Land, buildings, and equipment | $28,595 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $682,985 |
| Total assets | $1,709,570 |
| Accounts payable and accrued expenses | $90,312 |
| Grants payable | $0 |
| Deferred revenue | $389,639 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $5,525 |
| 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 | $748,512 |
| Total liabilities | $1,233,988 |
| Net assets without donor restrictions | $474,868 |
| Net assets with donor restrictions | $714 |
| 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 | $1,709,570 |