Valley Leadership Corporation
- Assets
- $356.3k
- Revenue
- $666.8k
- Investments
- $88.0k
- Employees
- 7
- Location
- Phoenix, AZ
- Founding
- 12/1980
- Data as of
- 06/2022
- EIN
- 86-0373283
Organization Overview
Valley Leadership Corporation is located in Phoenix, AZ. The organization was established in 1980. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Valley Leadership Corporation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Leadership Corporation 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 06/2022, Valley Leadership Corporation generated $666.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 8.6% 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
VALLEY LEADERSHIP GIVES ARIZONANS THE TOOLS TO SOLVE CHALLENGES TOGETHER. WE DO THAT BY EMPOWERING A BROAD SPECTRUM OF ARIZONANS TO LEAD THROUGH OUR LEARNING OPPORTUNITIES AND MOBILIZING THEM TO MAKE A DIFFERENCE ON OUR STATE'S MOST PRESSING ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPACT MAKER PROGRAM CONNECTS, LEVERAGE, AND MOBILIZES LEADERS TO HAVE MEANINGFUL IMPACT ON THE MOST PRESSING ISSUES FACING ARIZONA. THE IMPACT MAKER IS AN INTEGRAL PART OF VALLEY LEADERSHIP'S "PIVOT TO IMPACT": STRATEGIC WORK THAT ALIGNS VALLEY LEADERSHIP'S PROGRAMMING, OPERATIONS AND GOVERNANCE SYSTEMS TO ACT TOGETHER IN ORDER TO HAVE INTENTIONAL IMPACT ON ISSUES FACING ARIZONA.
OTHER PROGRAMS INCLUDE:MAN AND WOMAN OF THE YEAR EVENT WHICH HONORS AN OUTSTANDING MAN AND WOMAN EACH YEAR, FOR THE PAST 65 YEARS, FOR THEIR LONG-TERM CONTRIBUTION AND COMMITMENT TO THE COMMUNITY. HONOREES COMPRISE A LIST OF THE MOST NOTABLE AND INFLUENTIAL LEADERS IN THE PHOENIX METRO AREA OVER THE LAST SIX DECADES. HONOREES EPITOMIZE THE TYPE OF LEADERS VALLEY LEADERSHIP IS DEVELOPING IN THEIR OTHER PROGRAMS.
CATALYZE SETS UP ARIZONANS TO TAKE ACTION IN THE COMMUNITY. THE PROGRAM HELPS LEADERS BUILD A FOUNDATION TO BETTER UNDERSTAND THEMSELVES, THEIR LEADERSHIP SKILLS AND THE ISSUES FACING ARIZONA. WITH A VIRTUAL FORMAT AND MULTIPLE SESSION DATES, PARTICIPANTS ENGAGE WHEN AND WHERE IT WORKS BEST FOR THEM. AND, THEY HAVE THE OPPORTUNITY TO DEEPEN RELATIONSHIPS THROUGH IN-PERSON AND VIRTUAL SOCIAL EVENTS.
EXPLORE TAKES LEADERS OUT OF THEIR COMMUNITY AND THEIR COMFORT ZONE TO GET TO KNOW THE GREAT DIVERSITY OF THE STATE AND HOW OUR MOST PRESSING ISSUES SHOW UP IN RURAL, URBAN, SUBURBAN AND NATIVE COMMUNITIES. PARTICIPANTS WILL EXPAND THEIR PERSPECTIVE, KNOWLEDGE OF THE ISSUES AND HAVE THE TIME AND SPACE TO FORGE STRONG RELATIONSHIPS AND BUILD CONNECTIONS IN ALL CORNERS OF THE STATE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Hart Director | Trustee | 2 | $0 |
John Meza Director | Trustee | 2 | $0 |
Sherry Mcfadden Director | Trustee | 2 | $0 |
Ginger Sykes Torres Director | Trustee | 2 | $0 |
Nancy Baldwin Secretary | OfficerTrustee | 2 | $0 |
Koran Hardimon Vice Chair/racial Justice Lead | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $562,598 |
| Noncash contributions included in lines 1a–1f | $15,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $572,598 |
| Total Program Service Revenue | $84,875 |
| Investment income | $2,995 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,170 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $666,771 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,024 |
| Compensation of current officers, directors, key employees. | $16,575 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $316,645 |
| Pension plan accruals and contributions | $4,973 |
| Other employee benefits | $26,568 |
| Payroll taxes | $32,672 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $80,844 |
| Fees for services: Lobbying | $8,333 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,082 |
| Fees for services: Other | $196,183 |
| Advertising and promotion | $78,971 |
| Office expenses | $6,472 |
| Information technology | $17,017 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,937 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $134,204 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $651 |
| Insurance | $4,017 |
| All other expenses | $0 |
| Total functional expenses | $1,058,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,385 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $209,400 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,520 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $87,967 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $356,272 |
| Accounts payable and accrued expenses | $56,543 |
| Grants payable | $0 |
| Deferred revenue | $1,950 |
| 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 | $0 |
| Total liabilities | $58,493 |
| Net assets without donor restrictions | $78,379 |
| Net assets with donor restrictions | $219,400 |
| 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 | $356,272 |
Grants Awarded
Over the last fiscal year, Valley Leadership Corporation has awarded $6,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE WELCOME TO AMERICA PROJECT PURPOSE: HUMANITARIAN NEED | $2,000 |
LIVING UNITED FOR CHANGE IN AMERICA PURPOSE: HUMANITARIAN NEED | $2,000 |
KINO BORDER INITIATIVE PURPOSE: HUMANITARIAN NEED | $2,000 |