Form 990 for tax year 2023
Filed by THE CHAMBER OF SOUTHERN ARIZONA INC.
Totals
- Total revenue
- $2,451,940
- Total expenses
- $2,673,231
- Contributions and grants received
- $668,729
- Grants paid
- $0
- Program service revenue
- $1,744,343
- Investment income
- $38,868
- Other revenue
- $0
- Total assets, end of year
- $3,832,259
- Total liabilities, end of year
- $2,244,776
- Net assets or fund balances, end of year
- $1,587,483
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$650,000
-
1f · All other contributions, gifts and grants
$18,729
-
2a · Program service revenue: MEMBERSHIP DUES
total $1,499,912 · related or exempt $1,499,912
-
2b · Program service revenue: OTHER PROGRAM SERVICE
total $244,431 · related or exempt $244,431
-
3 · Investment income
total $38,868 · excluded $38,868
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,401,481
-
7 · Other salaries and wages
total $234,648
-
8 · Pension plan contributions
total $4,818
-
9 · Other employee benefits
total $85,220
-
10 · Payroll taxes
total $90,303
-
11c · Fees: accounting
total $35,552
-
11g · Fees: other
total $12,862
-
12 · Advertising and promotion
total $16,714
-
13 · Office expenses
total $19,040
-
14 · Information technology
total $103,427
-
16 · Occupancy
total $190,074
-
17 · Travel
total $2,281
-
19 · Conferences, conventions and meetings
total $24,156
-
22 · Depreciation, depletion and amortization
total $5,081
-
23 · Insurance
total $18,924
-
24a · Other expenses: PUBLIC RELATIONS
total $211,838
-
24b · Other expenses: BUSINESS DEVELOPMENT
total $98,239
-
24c · Other expenses: OTHER EXPENSES
total $51,628
-
24d · Other expenses: INVESTOR RELATIONS
total $37,939
-
24e · All other expenses
total $29,006
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $816,641 · end of year $1,108,701
-
2 · Savings and temporary cash investments
beginning of year $1,837,581 · end of year $1,050,498
-
3 · Pledges and grants receivable
beginning of year $308,507 · end of year $167,530
-
9 · Prepaid expenses and deferred charges
beginning of year $69,376 · end of year $54,745
-
10a · Land, buildings and equipment: cost or other basis
$269,464
-
10b · Land, buildings and equipment: accumulated depreciation
$252,227
-
10c · Land, buildings and equipment, net
beginning of year $4,825 · end of year $17,237
-
11 · Investments: publicly traded securities
end of year $526,362
-
15 · Other assets
beginning of year $1,026,959 · end of year $907,186
-
17 · Accounts payable and accrued expenses
beginning of year $588,995 · end of year $521,611
-
19 · Deferred revenue
beginning of year $648,167 · end of year $814,194
-
25 · Other liabilities
beginning of year $1,017,953 · end of year $908,971
-
27 · Net assets without donor restrictions
beginning of year $1,808,774 · end of year $1,587,483
Mission and programs · 2023
Mission
THE PURPOSE OF THE ORGANIZATION IS TO SUPPORT THE CREATION OF NEW BUSINESSES, THE RETENTION AND EXPANSION OF EXISTING BUSINESSES WITHIN THE REGION, AND THE ATTRACTION OF COMPANIES THAT OFFER HIGH VALUE JOBS AND SHARE THE COMMUNITY'S VALUES.
-
PROMOTE THE ECONOMIC DEVELOPMENT OF AND IMPROVE BUSINESS CONDITIONS IN THE SOUTHERN ARIZONA REGION FOR THE BENEFIT OF ALL RESIDENTS AND BUSINESSES.
As filed on the 2023 return.
Listed in Part VII
-
Dennis R MinanoDENNIS R MINANO
EXECUTIVE COMMITTEE MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Amy CohenAMY COHEN
EXECUTIVE COMMITTEE MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Walter RichterWALTER RICHTER
EXECUTIVE COMMITTEE MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Lisa LovalloLISA LOVALLO
EXECUTIVE COMMITTEE MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Fletcher McCuskerFLETCHER MCCUSKER
EXECUTIVE COMMITTEE MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Dave HutchensDAVE HUTCHENS
EXECUTIVE COMMITTEE MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Omar MirelesOMAR MIRELES
EXECUTIVE COMMITTEE MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Robert RobbinsROBERT ROBBINS
EXECUTIVE COMMITTEE MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Ian McDowellIAN MCDOWELL
EXECUTIVE COMMITTEE MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Susan GraySUSAN GRAY
EXECUTIVE COMMITTEE MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Judy RichJUDY RICH
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 5
-
David SmallhouseDAVID SMALLHOUSE
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Joseph SnellJOSEPH SNELL
PRESIDENT
- Total calculated
- $584,847
- From this org
- $573,759
- From related orgs
- $0
- Other
- $11,088
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $397,561
- Bonus
- $176,198
- Other
- $0
- Deferred
- $9,900
- Nontaxable benefits
- $1,188
- Filer's total
- $584,847
-
Angela KishANGELA KISH
CFO
- Total calculated
- $127,602
- From this org
- $123,017
- From related orgs
- $0
- Other
- $4,585
- Hours/week
- 40
-
Mary C CasperMARY C CASPER
ASSISTANT TO CEO/CFO
- Total calculated
- $191,181
- From this org
- $184,494
- From related orgs
- $0
- Other
- $6,687
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,494
- Bonus
- $45,000
- Other
- $0
- Deferred
- $5,499
- Nontaxable benefits
- $1,188
- Filer's total
- $191,181
-
David WelshDAVID WELSH
EXECUTIVE VICE PRESIDENT
- Total calculated
- $222,939
- From this org
- $215,159
- From related orgs
- $0
- Other
- $7,780
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,159
- Bonus
- $40,000
- Other
- $0
- Deferred
- $6,592
- Nontaxable benefits
- $1,188
- Filer's total
- $222,939
-
Laura ShawLAURA SHAW
SENIOR VICE PRESIDENT
- Total calculated
- $170,328
- From this org
- $164,067
- From related orgs
- $0
- Other
- $6,261
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $124,067
- Bonus
- $40,000
- Other
- $0
- Deferred
- $5,487
- Nontaxable benefits
- $774
- Filer's total
- $170,328
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500439349300620
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