Greater Phoenix Chamber Foundation
- Assets
- $1.8m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 04/2016
- Data as of
- 06/2022
- EIN
- 81-1367313
Organization Overview
Greater Phoenix Chamber Foundation is located in Phoenix, AZ. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Phoenix Chamber Foundation 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, Greater Phoenix Chamber Foundation generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 38.2% each year . All expenses for the organization totaled $2.4m during the year ending 06/2022. While expenses have increased by 42.3% per year over the past 6 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
THE GREATER PHOENIX CHAMBER FOUNDATION (THE FOUNDATION) CONVENES AND CATALYZES BUSINESS, EDUCATION, AND COMMUNITY TO ENHANCE COLLEGE AND CAREER READINESS, DEVELOP A STRONGER WORKFORCE, AND BUILD HEALTHIER COMMUNITIES THROUGHOUT ARIZONA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WELLNESS ATOZ AIMS TO MAKE ARIZONA AND THE GREATER PHOENIX REGION KNOWN AS A DESTINATION FOR HEALTHY TALENT AND A HEALTHY COMMUNITY THROUGH FREE TOOLKITS THAT PROVIDE RESOURCES FOR CREATING OR ENHANCING AN EMPLOYEE WELLNESS PROGRAM. WELLNESS ATOZ WORKS WITH COMPANIES LOCATED IN THE GREATER PHOENIX REGION AND ACROSS ARIZONA TO IDENTIFY KEY AREAS IN ENHANCING EMPLOYEE PARTICIPATION IN WELLNESS PROGRAMS, DRIVING DOWN COSTS ASSOCIATED WITH UNHEALTHY LIFESTYLES AND INCREASING OVERALL EMPLOYEE PRODUCTIVITY AND SATISFACTION. WELLNESS ATOZ IS THE FOUNDATION'S INITIATIVE TO ATTRACT AND RETAIN TALENT BY MAKING ARIZONA KNOWN AS A DESTINATION FOR HEALTHY LIVING AND THROUGH SEVERAL KEY PROGRAMS, WELLNESS ATOZ HAS REACHED A DIVERSE POPULATION IN THE GREATER PHOENIX REGION.
IN AN EFFORT TO PROMOTE PROSPERITY, THE FOUNDATION FOCUSES ON WORKFORCE DEVELOPMENT. THE FOUNDATION SERVES AS A LINK BETWEEN INDUSTRY AND EDUCATION, HELPING COMPANIES ADDRESS GROWING WORKFORCE NEEDS AND PROVIDING PEOPLE ACCESS TO QUALITY CAREER OPPORTUNITIES. THE FOUNDATION CONVENES SIX EMPLOYER-LED WORKFORCE COLLABORATIVES IN THE AREAS OF CONSTRUCTION, CYBERSECURITY, FINANCIAL SERVICES, HEALTH CARE, ADVANCED MANUFACTURING, AND IT TO BUILD MORE ROBUST TALENT PIPELINES. IN TOTAL, THE WORKFORCE COLLABORATIVES ENGAGE WITH OVER 200 ARIZONA EMPLOYERS, FOCUSING ON ENHANCED CAREER AWARENESS, IMPROVED EDUCATIONAL ALIGNMENT AND NEW OPPORTUNITIES FOR WORKPLACE LEARNING. DURING THE PAST YEAR, THE FOUNDATION LAUNCHED AZCAREERSNOW IN PARTNERSHIP WITH CAREER CONNECTORS, A LOCAL COMPANY HELPING CONNECT JOB SEEKERS TO JOBS. THROUGH AZCAREERSNOW, WE ARE HOSTING A SERIES OF INDUSTRY FOCUSED HIRING EVENTS.
ELEVATEEDAZ PREPARES INDIVIDUALS FOR COLLEGE AND CAREER THROUGH STRONGER ALIGNMENT BETWEEN EDUCATION, BUSINESS, AND THE COMMUNITY. ELEVATEEDAZ TRANSFORMS EDUCATION THROUGH THE FOLLOWING OBJECTIVES: - INCREASE THE NUMBER OF STUDENTS COMPLETING HIGH-WAGE, HIGH-DEMAND CAREER PATHWAYS THROUGH STRONGER PATHWAY ARTICULATION AND CAREER AWARENESS ACTIVITIES. - INCREASE ATTAINMENT OF INDUSTRY-RECOGNIZED CREDENTIALS AND EARLY POST- SECONDARY CREDIT BY REMOVING BARRIERS TO DUAL ENROLLMENT AND INCENTIVIZING STUDENTS AND TEACHERS FOR IMPROVED OUTCOMES. - PROVIDE MORE STUDENTS WITH WORK-BASED LEARNING EXPERIENCE BY APPLYING ACADEMICS THROUGH INTERNSHIPS AND JOB SHADOWS. - EMPOWER EDUCATORS TO REIMAGINE CLASSROOM LEARNING THROUGH EDUCATOR EXTERNSHIPS WHERE TEACHERS LEARN SKILLSETS INDUSTRY LEADERS ARE SEEKING IN JOB CANDIDATES AND CAN ACCESS PATHWAYS AND SUPPORT SYSTEMS TO INTEGRATE THESE SKILLS INTO THEIR CURRICULUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Mellor Chief Innova | OfficerTrustee | 1 | $156,104 |
Todd Sanders President & | OfficerTrustee | 1 | $51,670 |
Mike Bontrager Vice Chair/s | OfficerTrustee | 1 | $0 |
Stacy Derstine Chair | OfficerTrustee | 1 | $0 |
Phyllis Senseman Treasurer | OfficerTrustee | 1 | $0 |
Jay Kaprosy Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,073,196 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,073,196 |
| Total Program Service Revenue | $34,790 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,108,838 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $223,187 |
| Compensation of current officers, directors, key employees. | $32,853 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $716,540 |
| Pension plan accruals and contributions | $22,896 |
| Other employee benefits | $125,061 |
| Payroll taxes | $63,199 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $256,684 |
| Advertising and promotion | $589,364 |
| Office expenses | $4,046 |
| Information technology | $1,207 |
| Royalties | $0 |
| Occupancy | $108,568 |
| Travel | $14,625 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,659 |
| Insurance | $16,779 |
| All other expenses | $48,810 |
| Total functional expenses | $2,401,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $680,151 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,074,843 |
| 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 | $9,307 |
| Net Land, buildings, and equipment | $6,172 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,770,473 |
| Accounts payable and accrued expenses | $161,720 |
| Grants payable | $0 |
| Deferred revenue | $21,688 |
| 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 | $53,051 |
| Total liabilities | $236,459 |
| Net assets without donor restrictions | $143,659 |
| Net assets with donor restrictions | $1,390,355 |
| 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 | $1,770,473 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Greater Phoenix Chamber Foundation has recieved totaling $329,880.
| Awarding Organization | Amount |
|---|---|
Pharos Foundation Jackson, WY PURPOSE: GENERAL CHARITABLE SUPPORT | $250,000 |
Ellis Center For Educational Excellence Phoenix, AZ PURPOSE: FOR ELEVATE ED | $50,000 |
Us Chamber Of Commerce Foundation Washington, DC PURPOSE: Grant to communicate importance of data and assessments in K-12 education. | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,980 |
Helios Education Foundation Phoenix, AZ PURPOSE: See Part IV | $5,400 |
Opus Foundation Minneapolis, MN PURPOSE: BUILD YOUR FUTURE ARIZONA | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |
Americas Best Local Charities San Rafael, CA | $3,431,052 | $16,765,664 |
Bill Hannon Foundation Los Angeles, CA | $17,238,236 | $4,285,811 |
Amg Charitable Gift Foundation Greenwood Village, CO | $149,608,626 | $31,189,759 |
It Is Written Inc Riverside, CA | $12,378,597 | $15,533,924 |
Friends Of Family Health Center La Habra, CA | $48,269,218 | $21,982,956 |
Family Assistance Ministries San Clemente, CA | $4,435,253 | $12,485,569 |
Hidaya Foundation Santa Clara, CA | $4,651,500 | $12,437,401 |
Hyundai Hope On Wheels Fountain Valley, CA | $12,616,829 | $14,561,310 |
Philanthropic Impact Fund Beverly Hills, CA | $0 | $3,313,525 |
Providence Little Company Of Mary Foundation Torrance, CA | $121,035,875 | $18,031,300 |
Cambodian Childrens Fund Santa Monica, CA | $27,120,483 | $15,367,074 |