Valley Leadership Corporation
- Assets
- $785.0k
- Revenue
- $401.8k
- Investments
- $236.2k
- Employees
- 7
- Location
- Phoenix, AZ
- Founding
- 12/1980
- Data as of
- 06/2021
- 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 06/2021, 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 06/2021, Valley Leadership Corporation generated $401.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $772.1k during the year ending 06/2021. 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
2021
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.
READY TOGETHER IS A VIRTUAL PROGRAM THAT WILL PREPARE EVERYDAY LEADERS TO IDENTIFY AND HELP SOLVE THE PRESSING ISSUES FURTHER EXPOSED BY THE COVID-19 PANDEMIC.
MAN AND WOMAN OF THE YEAR LUNCHEON HONORS AN OUTSTANDING MAN AND WOMAN EACH YEAR, FOR THE PAST 65 YEARS, FOR THEIR LONG-TERM CONTRIBUTION AND COMMITMENT TO THE COMMUNITY. IT IS ATTENDED BY MORE THAN 1,000 PROMINENT BUSINESS AND COMMUNITY LEADERS. 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. IF YOU'RE READY TO MAKE A DIFFERENCE OR GROW YOUR IMPACT, YOU'LL START YOUR JOURNEY WITH VL HERE. WITH A VIRTUAL FORMAT AND MULTIPLE SESSION DATES, YOU'LL BE ABLE TO ENGAGE WHEN AND WHERE IT WORKS BEST FOR YOU.ALUMNI EVENTS ENGAGES ALUMNI IN THE COMMUNITY AT LARGE IN A VARIETY OF EDUCATION FORUMS AND WORKSHOPS TO KEEP THEM APPRISED OF THE LATEST ISSUES AND LEADERSHIP SKILLS ALONG WITH SOCIAL EVENTS TO KEEP COMMUNITY NETWORKS GROWING.EXPLORE TAKES PEOPLE 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 CONNECTIONS IN ALL CORNERS OF THE STATE.SUMMIT HELPS LEADERS DEEPEN THEIR UNDERSTANDING OF AN ISSUE THAT HAS TREMENDOUS IMPACT ON OUR STATE AND ITS RESIDENTS. OUR MOST FLEXIBLE PROGRAM OFFERING, PARTICIPANTS CAN TAKE THEIR KNOWLEDGE AND START PUTTING IT TO WORK RIGHT AWAY IN THEIR CAREER, COMMUNITY OR IN IMPACT MAKER.
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.
READY TOGETHER IS A VIRTUAL PROGRAM THAT WILL PREPARE EVERYDAY LEADERS TO IDENTIFY AND HELP SOLVE THE PRESSING ISSUES FURTHER EXPOSED BY THE COVID-19 PANDEMIC.
MAN AND WOMAN OF THE YEAR LUNCHEON HONORS AN OUTSTANDING MAN AND WOMAN EACH YEAR, FOR THE PAST 65 YEARS, FOR THEIR LONG-TERM CONTRIBUTION AND COMMITMENT TO THE COMMUNITY. IT IS ATTENDED BY MORE THAN 1,000 PROMINENT BUSINESS AND COMMUNITY LEADERS. 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. IF YOU'RE READY TO MAKE A DIFFERENCE OR GROW YOUR IMPACT, YOU'LL START YOUR JOURNEY WITH VL HERE. WITH A VIRTUAL FORMAT AND MULTIPLE SESSION DATES, YOU'LL BE ABLE TO ENGAGE WHEN AND WHERE IT WORKS BEST FOR YOU.ALUMNI EVENTS ENGAGES ALUMNI IN THE COMMUNITY AT LARGE IN A VARIETY OF EDUCATION FORUMS AND WORKSHOPS TO KEEP THEM APPRISED OF THE LATEST ISSUES AND LEADERSHIP SKILLS ALONG WITH SOCIAL EVENTS TO KEEP COMMUNITY NETWORKS GROWING.EXPLORE TAKES PEOPLE 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 CONNECTIONS IN ALL CORNERS OF THE STATE.SUMMIT HELPS LEADERS DEEPEN THEIR UNDERSTANDING OF AN ISSUE THAT HAS TREMENDOUS IMPACT ON OUR STATE AND ITS RESIDENTS. OUR MOST FLEXIBLE PROGRAM OFFERING, PARTICIPANTS CAN TAKE THEIR KNOWLEDGE AND START PUTTING IT TO WORK RIGHT AWAY IN THEIR CAREER, COMMUNITY OR IN IMPACT MAKER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Brown Executive Director | Officer | 40 | $165,000 |
Koran Hardimon Secretary | OfficerTrustee | 2 | $0 |
Paul Komadina Vice Chair/treasurer | OfficerTrustee | 4 | $0 |
Michelle Mcginty Chair | OfficerTrustee | 4 | $0 |
Maria Valenzuela Director | Trustee | 2 | $0 |
Erin Hart Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $96,220 |
| All other contributions, gifts, grants, and similar amounts not included above | $296,142 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $392,362 |
| Total Program Service Revenue | $19,250 |
| Investment income | $3,771 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$15,543 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $401,799 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,235 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $158,655 |
| Compensation of current officers, directors, key employees. | $39,664 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $192,990 |
| Pension plan accruals and contributions | $4,569 |
| Other employee benefits | $2,216 |
| Payroll taxes | $23,921 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $64,231 |
| Fees for services: Lobbying | $31,250 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,918 |
| Fees for services: Other | $98,630 |
| Advertising and promotion | $102,350 |
| Office expenses | $12,019 |
| Information technology | $22,512 |
| Royalties | $0 |
| Occupancy | $2,410 |
| Travel | $16 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,403 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $324 |
| Insurance | $5,542 |
| All other expenses | $0 |
| Total functional expenses | $772,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,938 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $236,852 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $236,219 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $785,009 |
| Accounts payable and accrued expenses | $65,570 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $65,570 |
| Net assets without donor restrictions | $479,439 |
| Net assets with donor restrictions | $240,000 |
| 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 | $785,009 |
Grants Awarded
Over the last fiscal year, Valley Leadership Corporation has awarded $6,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Tempe, AZ PURPOSE: HUMANITARIAN NEED | $2,000 |
Nogales, AZ PURPOSE: HUMANITARIAN NEED | $2,000 |
Phoenix, AZ PURPOSE: HUMANITARIAN NEED | $2,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Valley Leadership Corporation has recieved totaling $324,000.
| Awarding Organization | Amount |
|---|---|
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $105,000 |
Molina Healthcare Charitable Foundation Wilmington, DE PURPOSE: IMPACT MAKER TEAM | $100,000 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN PURPOSE: ESTABLISH A COMPLEMENTARY LEADERSHIP PROGRAM FOCUSED ON HARNESSING ENGAGEMENT OF VALLEY LEADERSHIP ALUMNI AND WORKING TOWARD SOLUTIONS FOR PRESSING COMMUNITY ISSUES. | $50,000 |
Helios Education Foundation Phoenix, AZ PURPOSE: See Part IV | $29,000 |
Greater Phoenix Leadership Inc Phoenix, AZ PURPOSE: GENERAL SUPPORT | $25,000 |
College Success Arizona Phoenix, AZ PURPOSE: IMPACT MAKER FAFSA AD CAMPAIGN | $15,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
X Prize Foundation Inc Culver City, CA | $103,691,143 | $19,767,291 |
The Silicon Valley Leadership Group San Jose, CA | $2,543,917 | $5,464,821 |
The International Wilderness Leadership Foundation Inc Boulder, CO | $4,915,113 | $5,281,713 |
Womens Economic Ventures Santa Barbara, CA | $6,923,998 | $3,164,689 |
Servant Partners Inc Pomona, CA | $2,786,122 | $3,584,340 |
Coro Northern California Inc San Francisco, CA | $5,285,629 | $5,565,870 |
Search Inside Yourself Leadership Institute San Francisco, CA | $1,133,010 | $2,916,098 |
Greater Phoenix Leadership Inc Phoenix, AZ | $3,109,193 | $2,958,052 |
Leadership Program Of The Rockies Denver, CO | $1,654,840 | $2,231,317 |
Great Minds In Stem Los Angeles, CA | $3,658,406 | $2,728,420 |
Be A Leader Foundation Phoenix, AZ | $3,748,674 | $2,907,092 |
Arizona Trail Association Tucson, AZ | $690,016 | $1,173,659 |