Arizona Chamber Of Commerce
- Assets
- $2.4m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 27
- Location
- Scottsdale, AZ
- Founding
- 01/1975
- Data as of
- 06/2022
- EIN
- 86-0290347
Organization Overview
Arizona Chamber Of Commerce is located in Scottsdale, AZ. The organization was established in 1975. 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 06/2022, Arizona Chamber Of Commerce employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona 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 06/2022, Arizona Chamber Of Commerce generated $4.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $4.2m during the year ending 06/2022. While expenses have increased by 2.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
A STATEWIDE ADVOCACY ORGANIZATION THAT ADVANCES ARIZONA BUSINESS AND THE ARIZONA ECONOMY. THE ARIZONA CHAMBER OF COMMERCE AND INDUSTRY IS COMMITTED TO ADVANCING ARIZONA'S COMPETITIVE POSITION IN THE GLOBAL ECONOMY BY ADVOCATING FREE MARKET POLICIES THAT STIMULATE ECONOMIC GROWTH AND PROSPERITY FOR ALL ARIZONANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAMBER EVENTS - CONDUCTED EVENTS TO EDUCATE AND INFORM ON PUBLIC POLICY, INCLUDING: THE LEGISLATIVE FORECAST LUNCHEON, HELD ANNUALLY, WHICH FEATURES THE GOVERNOR AND LEADERSHIP FROM THE STATE SENATE AND HOUSE OF REPRESENTATIVES TO DISCUSS PRIORITIES FOR THE UPCOMING LEGISLATIVE SESSION; THE HERITAGE AWARD DINNER, HELD ANNUALLY TO RECOGNIZE AN INDIVIDUAL WHOSE ACCOMPLISHMENTS AND CONTRIBUTIONS, IN ARIZONA, NATIONALLY AND INTERNATIONALLY, ENRICH THE STATE'S LEGACY; VIP EVENTS FEATURING TOP PUBLIC POLICY LEADERS, ELECTED OFFICIALS, AND OTHER RESPECTED PROFESSIONALS; AND AN ANNUAL CELEBRATION OF POLICYMAKERS WHO CHAMPION BUSINESS AND GROW THE ECONOMY.
ADVOCACY - SINCE 1974, THE ARIZONA CHAMBER HAS BEEN THE LEADING STATEWIDE BUSINESS AND INDUSTRY ADVOCATE AT THE STATE CAPITOL, WITH THE CONGRESSIONAL DELEGATION AND AT THE BALLOT BOX. ARIZONA'S ELECTED OFFICIALS, REGULATORS, AND GRASS ROOTS LEADERS CONSISTENTLY RECOGNIZE THE ARIZONA CHAMBER ONE OF THE MOST EFFECTIVE AND RESPECTED VOICES IN ARIZONA PUBLIC POLICY. PUBLICATIONS INCLUDE AN ANNUAL BUSINESS AGENDA AND A COMPREHENSIVE GUIDE TO BUSINESS PRIORITIES. STAFF PROVIDE REAL-TIME INFORMATION, DATA AND ANALYSIS ON KEY ISSUES IMPACTING BUSINESS. OUR POLICY COMMITTEES PROVIDE ACCESS TO ARIZONA'S LEADING SUBJECT MATTER EXPERTS. KEY ACCOMPLISHMENTS AND IMPACTS ARE SUMMARIZED IN AN ANNUAL REPORT TO THE MEMBERS.
AMC ACTIVITIES - THE ARIZONA CHAMBER IS HOME TO THE ARIZONA MANUFACTURER'S COUNCIL, DEDICATED TO PROMOTING AND ENHANCING A POSITIVE BUSINESS CLIMATE FOR MANUFACTURING AND RELATED INDUSTRIES THAT OPERATE WITHIN ARIZONA. THE ARIZONA CHAMBER SUPPORTS THE COUNCIL'S ACTIVITIES AND THE DEVELOPMENT AND ADVOCACY OF THE COUNCIL'S BUSINESS AGENDA.
MANAGEMENT SERVICES - THE ORGANIZATION PROVIDES MANAGEMENT SERVICES TO LIKE-MINDED TAX-EXEMPT ORGANIZATIONS FOCUSED ON PROMOTING THE INTERESTS OF THE BUSINESS COMMUNITY IN ARIZONA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garrick Taylor Executive VP Until 12-2021 | OfficerTrustee | 40 | $211,131 |
Courtney Coolidge VP Of Governmental Affairs | 40 | $161,096 | |
Daniel Seiden President & CEO | OfficerTrustee | 40 | $149,560 |
Allison Grigg Exec Dir - Az Man Coun Until 2-2022 | 40 | $134,995 | |
Glenn Hamer President & CEO Until 2-2021 | OfficerTrustee | 0 | $104,597 |
Nick Goodman Chairman | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Plus Communications Lobbying | 6/29/22 | $865,500 |
Loroff Enterprises Inc Accounting | 6/29/22 | $131,715 |
Vive Az Llc Mgmt Consulting | 6/29/22 | $108,000 |
Two Worlds Branding Membership | 6/29/22 | $125,004 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,593,133 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,674,633 |
| Total Program Service Revenue | $2,586,568 |
| Investment income | $719 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,265,420 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $144,034 |
| 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. | $426,870 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $190,025 |
| Other salaries and wages | $963,070 |
| Pension plan accruals and contributions | $24,000 |
| Other employee benefits | $58,068 |
| Payroll taxes | $114,675 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,400 |
| Fees for services: Accounting | $122,977 |
| Fees for services: Lobbying | $68,900 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,224,499 |
| Advertising and promotion | $21,276 |
| Office expenses | $94,104 |
| Information technology | $33,396 |
| Royalties | $0 |
| Occupancy | $17,221 |
| Travel | $21,253 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $530,993 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,642 |
| Insurance | $8,537 |
| All other expenses | $0 |
| Total functional expenses | $4,210,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,822 |
| Savings and temporary cash investments | $1,834,404 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $191,283 |
| 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 | $68,917 |
| Net Land, buildings, and equipment | $56,437 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,431,863 |
| Accounts payable and accrued expenses | $121,985 |
| Grants payable | $0 |
| Deferred revenue | $1,011,114 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,500 |
| 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 | $64,971 |
| Total liabilities | $1,200,570 |
| Net assets without donor restrictions | $1,231,293 |
| 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 | $2,431,863 |
Grants Awarded
Over the last fiscal year, Arizona Chamber Of Commerce has awarded $144,034 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Scottsdale, AZ PURPOSE: GENERAL SUPPORT | $134,034 |
ARIZONA COMMERCE AUTHORITY PURPOSE: GENERAL SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arizona Chamber Of Commerce has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Us Chamber Of Commerce Foundation Washington, DC PURPOSE: Grant to promote a report on childcare costs and economic impact in AZ. | $7,500 |
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 |