Form 990 for tax year 2023
Filed by GREATER YUMA ECONOMIC DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $961,170
- Total expenses
- $1,049,025
- Contributions and grants received
- $926,062
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $7,279
- Other revenue
- $27,829
- Total assets, end of year
- $531,338
- Total liabilities, end of year
- $101,767
- Net assets or fund balances, end of year
- $429,571
- Program services expenses (Part IX)
- $873,193
- Management and general expenses
- $175,832
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $873,193
Program services were 83.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1b · Membership dues
$734,880
-
1e · Government grants (contributions)
$191,182
-
3 · Investment income
total $7,279 · unrelated business $7,279
-
11a · Other revenue: MISCELLANEOUS
total $27,829 · related or exempt $27,829
-
11e · Other revenue, total
$27,829
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $140,320 · program services $140,320
-
7 · Other salaries and wages
total $359,842 · program services $287,874 · management and general $71,968
-
8 · Pension plan contributions
total $7,290 · program services $5,832 · management and general $1,458
-
9 · Other employee benefits
total $3,377 · program services $2,702 · management and general $675
-
10 · Payroll taxes
total $40,940 · program services $32,752 · management and general $8,188
-
11b · Fees: legal
total $3,908 · program services $3,126 · management and general $782
-
11c · Fees: accounting
total $86,043 · program services $68,834 · management and general $17,209
-
12 · Advertising and promotion
total $25,017 · program services $25,017
-
13 · Office expenses
total $23,360 · program services $18,688 · management and general $4,672
-
17 · Travel
total $2,629 · program services $2,629
-
19 · Conferences, conventions and meetings
total $35,132 · program services $28,106 · management and general $7,026
-
22 · Depreciation, depletion and amortization
total $12,659 · program services $10,127 · management and general $2,532
-
23 · Insurance
total $5,565 · management and general $5,565
-
24a · Other expenses: SPACE PORT EXPENSE
total $191,182 · program services $152,946 · management and general $38,236
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $82,070 · program services $65,656 · management and general $16,414
-
24c · Other expenses: INVESTOR EXPENSES
total $24,159 · program services $24,159
-
24d · Other expenses: MISCELLANEOUS INCOME
total $3,669 · program services $2,935 · management and general $734
-
24e · All other expenses
total $1,863 · program services $1,490 · management and general $373
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $574,498 · end of year $515,231
-
4 · Accounts receivable
beginning of year $20,722 · end of year $12,112
-
10a · Land, buildings and equipment: cost or other basis
$166,111
-
10b · Land, buildings and equipment: accumulated depreciation
$162,116
-
10c · Land, buildings and equipment, net
beginning of year $16,654 · end of year $3,995
-
17 · Accounts payable and accrued expenses
beginning of year $27,448 · end of year $29,934
-
19 · Deferred revenue
beginning of year $67,000 · end of year $71,833
-
27 · Net assets without donor restrictions
beginning of year $517,426 · end of year $429,571
Mission and programs · 2023
Mission
TO EXPAND ECONOMIC ACTIVITY WITHIN YUMA COUNTY BY ATTRACTING COMMERCE AND INDUSTRY TO THE REGION AND BY ASSISTING IN DEVELOPING THE REGION'S EXISTING INDUSTRY TO ITS FULLEST POTENTIAL.
-
PROMOTE AND STRENGTHEN REGIONAL ECONOMIC DEVELOPMENT, SUPPORT A STRONG BUSINESS CLIMATE, AND ASSIST NEW COMPANIES IN RELOCATING TO THE AREA.
Expenses $873,193 · Revenue $27,829
As filed on the 2023 return.
Listed in Part VII
-
MARIO JAUREGUI
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
DEBORAH ADERS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
GERARDO ANAYA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DANIEL BAZUA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SCOTT BLITZ
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
REETIKA DHAWAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JOSH FINKBEINER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MARY ELLEN FINCH
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DR TANYA HODGES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JONATHAN LINES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
IAN MCGUAGHEY
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ART MORALES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DOUGLAS NICHOLLS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
TOM PANCRAZI
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MARTIN PORCHAS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MATIAS ROSALES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MARK SCHAUER
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JAY SIMONTON
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ELIZABETH CARPENTER
CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
WAYNE GALE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
DANIEL ORTEGA
SEC/TREAS
- Total calculated
- $0
- Hours/week
- 1
-
JULIE ENGEL
PRESIDENT & CEO
- Total calculated
- $93,399
- From this org
- $93,399
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
GREGORY LAVANN
VP
- Total calculated
- $140,320
- From this org
- $140,320
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 24 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510559349301471
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