Associated Minority Contractors Of Arizona

Organization Overview

Associated Minority Contractors Of Arizona is located in Phoenix, AZ. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Associated Minority Contractors Of Arizona employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated Minority Contractors Of Arizona 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, Associated Minority Contractors Of Arizona generated $374.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $272.5k during the year ending 12/2022. While expenses have increased by 6.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

INITIATE, ENCOURAGE, AND ASSIST IN THE FORMATION OF AN EDUCATIONAL INSTITUTE FOR MINORITY AND WOMEN-OWNED CONSTRUCTION CONTRACTORS; INITIATE AND OPERATE TRAINING PROGRAMS FOR PERSONS DESIRING EMPLOYMENT IN THE BUILDING TRADES IN ORDER TO ASSURE EQUAL OPPORTUNITY IN THIS INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TOTAL PROGRAM EXPENSES


THE AMCA CONDUCTS SEMINARS AND WORKSHOPS THROUGHOUT THE YEAR WITH THE GOAL OF INCREASING THE NUMBER OF MINORITY-OWNED FIRMS PARTICIPATING IN THE CONSTRUCTION MARKETPLACE. THESE COURSES TRAIN THE MINORITY CONTRACTOR TO BETTER COMPETE AND PERFORM IN THE PUBLIC AND PRIVATE SECTORS. SEMINARS AND WORKSHOPS ARE PROVIDED AT A SUBSTANTIALLY-REDUCED REGISTRATION FEE WHILE MAINTAINING A HIGH LEVEL OF QUALITY AND COMPETENCE. COURSES ARE TAILORED IN BOTH CONTENT AND INSTRUCTORS, TO ADDRESS ISSUES OF CONCERN TO THE MINORITY CONSTRUCTION FIRM. IN MANY CASES, A CERTIFICATE OF COMPLETION FROM AN AMCA COURSE WILL OPEN THE DOORS TO PREVIOUSLY INACCESSIBLE MARKETS BY ESTABLISHING ELIGIBILITY TO BID IN CERTAIN FIELDS.


THE AMCA PROMOTES ITS MEMBERS AND THEIR CAPABILITIES THROUGH NETWORKING OPPORTUNITIES WHICH PROVIDE TIMELY INFORMATION TO MINORITY CONTRACTORS, PROCUREMENT OFFICIALS, AND OTHERS IN THE GOVERNMENT AND PRIVATE SECTOR WHO ADDRESS THE NEEDS OF MINORITY CONTRACTORS AND CAN ASSIST IN THEIR BUSINESS DEVELOPMENT. THE ORGANIZATION DISTRIBUTES WEEKLY PROCUREMENT BULLETINS, INVITATION TO BID BULLETINS, INFORMATION BULLETINS, QUARTERLY NEWSLETTERS AND LEGISLATIVE BULLETINS.


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Board, Officers & Key Employees

Name (title)Compensation
Ricardo Carlo
President
$123,000
Ross Dietrich
Vice Chair
$0
Mike Gonzalez
Director
$0
Sharon Hamilton
Director
$0
Sherri Hill
Treasurer
$0
Colleen Leblanc
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$100,897
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$52,169
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$153,066
Total Program Service Revenue$119,722
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $101,262
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $374,050

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