Civic Intelligence

Greater Phoenix Chamber Foundation

990 • Fiscal year 2021 • EIN 81-1367313

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 23, 2022

2575 E Camelback Rd Ste 410Phoenix, AZ 85016

(602) 495-6486

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.17x

Higher debt load relative to assets than 72% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.23x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

2nd percentile

-145%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

99th percentile

$396,134

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 52.3% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

2nd percentile

-54%

Faster asset growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-58%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$997,501

Down $1,191,745 (-54%) from 2020

Net Assets

Down

$826,570

Down $1,101,147 (-57%) from 2020

Liabilities

Down

$170,931

Down $90,598 (-35%) from 2020

Revenue

Down

$758,139

Down $1,047,850 (-58%) from 2020

Expenses

Up

$1,859,286

Up $353,171 (+23%) from 2020

Net Income

Down

-$1,101,147

Down $1,401,021 (-467%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2017: $247,538Liabilities 2017: $89,572Net Assets 2017: $157,9662017Assets 2018: $369,666Liabilities 2018: $100,977Net Assets 2018: $268,6892018Assets 2019: $1,829,362Liabilities 2019: $201,519Net Assets 2019: $1,627,8432019Assets 2020: $2,189,246Liabilities 2020: $261,529Net Assets 2020: $1,927,7172020Assets 2021: $997,501Liabilities 2021: $170,931Net Assets 2021: $826,5702021Assets 2022: $1,770,473Liabilities 2022: $236,459Net Assets 2022: $1,534,0142022Assets 2023: $2,799,947Liabilities 2023: $642,618Net Assets 2023: $2,157,3292023Assets 2024: $2,715,973Liabilities 2024: $862,189Net Assets 2024: $1,853,7842024

Highlighted filing

2021

Assets$997,501
Liabilities$170,931
Net Assets$826,570

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $446,586Expenses 2017: $288,620Net Income 2017: $157,9662017Revenue 2018: $440,835Expenses 2018: $330,112Net Income 2018: $110,7232018Revenue 2019: $2,060,769Expenses 2019: $701,615Net Income 2019: $1,359,1542019Revenue 2020: $1,805,989Expenses 2020: $1,506,115Net Income 2020: $299,8742020Revenue 2021: $758,139Expenses 2021: $1,859,286Net Income 2021: -$1,101,1472021Revenue 2022: $3,108,838Expenses 2022: $2,401,394Net Income 2022: $707,4442022Revenue 2023: $4,300,750Expenses 2023: $3,624,935Net Income 2023: $675,8152023Revenue 2024: $4,641,689Expenses 2024: $4,945,234Net Income 2024: -$303,5452024

Highlighted filing

2021

Revenue$758,139
Expenses$1,859,286
Net Income-$1,101,147
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 23, 2022
Return Version
2020v4.0
Gross Receipts
$758,139
Mission and Program Overview

Mission

The foundation, a 501c3 nonprofit organization, leads the charitable and education initiatives of the greater phoenix chamber under the four pillars of education, workforce development, wellness, and research. Through strong alignment between education, business, and community, the foundation prepares individuals for college and career and serves as an intermediary to convey workforce needs and champion scalable workforce solutions. In addition, the foundation makes arizona and the greater phoenix region known as destinations for healthy talent and healthy communities through workplace wellness efforts and publishes data-driven research to inform policymakers, business leaders, and the general public.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,487,190$706,550▼ $780,640
Cash and Non-Interest-Bearing Accounts$644,156$255,620▼ $388,536
Land, Buildings, and Equipment, Net$19,871$12,831▼ $7,040
Accounts Receivable$590$12,395▲ $11,805
Prepaid Expenses and Deferred Charges$37,439$10,105▼ $27,334
Total Assets$2,189,246$997,501▼ $1,191,745
Liabilities
Other Liabilities$38,366$89,456▲ $51,090
Unsecured Notes Loans Payable$75,025--
Accounts Payable and Accrued Expenses$108,743$66,118▼ $42,625
Deferred Revenue$39,395$15,357▼ $24,038
Total Liabilities$261,529$170,931▼ $90,598
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,956,736$1,069,553▼ $887,183
Net Assets Without Donor Restrictions$-29,019$-242,983▼ $213,964
Total Net Assets Fund Balance$1,927,717$826,570▼ $1,101,147
Total Liabilities and Net Assets / Fund Balance$2,189,246$997,501▼ $1,191,745

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$12,831$20,873$33,704
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Todd SandersPresident &$51,670$344,464$396,134
Jennifer MellorChief Innova$156,104$43,555$199,659
Jennifer MellorChief Innovation Off$113,604$47,965$169,710
Todd SandersPresident & CEO$38,245$23,374$53,478

Board Members and Trustees

NameTitle
Mike BontragerChair
Jeff StelnikVice Chair/s
Brad ClothierBoard Member
Jay KaprosyBoard Member
Laura Lynn SmithBoard Member
Paul BlueBoard Member
Phillip HuhtaBoard Member
Sara GordonBoard Member
Stacy DerstineBoard Member
Phyllis SensemanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ideas CollideMarketing6125 E INDIAN SCHOOL RD 1001, Scottsdale, AZ 85251$447,476
Revenue and Support

Revenue Composition

Contributions and Grants
$641,514
Program Service Revenue
$74,965
Investment Income
$0
Other Revenue
$41,660
All Other Contributions
$641,514
Change in Net Assets
$-1,101,147
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$973,124
Salaries, Compensation, and Employee Benefits$886,162
Total Fundraising Expense$8,370
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$662,975--$662,975
Advertising$519,627$3,451-$523,078
Current Officers, Directors, Trustees, and Key Employees$214,817-$8,370$223,187
Fees for Services Other$155,103$3,000-$158,103
Occupancy$68,400$17,282-$85,682
All Other Expenses$26,317$5,932-$32,249
Other Expenses$20,910$4,385-$20,910
Insurance$9,456$1,894-$11,350
Depreciation Depletion$3,742$3,298-$7,040
Office Expenses$1,772$1,244-$3,016
Travel$643$33-$676
Interest-$240-$240
Total Functional Expenses$1,765,596$85,320$8,370$1,859,286
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$89,456
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The foundation is currently managed under an employee lease agreement with the chamber in which jennifer mellor, chief innovation officer oversees the day to day management. Community relations, marketing, and finance employee services are also leased under the arrangement.

Form 990, Page 6, Part VI, Line 6

The organization's single member is greater phoenix chamber of commerce (ein 86-0046963), which is tax-exempt pursuant to section 501(c)(6) of the internal revenue code.

Form 990, Page 6, Part VI, Line 7A

As the single member, greater phoenix chamber of commerce shall approve the elected directors of the foundation and fulfill all duties as may be required under the bylaws, the articles, and the act. Unless provided otherwise, the member will act through its board of directors. No stock or other evidence of ownership of an interest in the foundation shall be issued by this foundation and no pecuniary profit shall be paid to its member.

Form 990, Page 6, Part VI, Line 7B

See the response to form 990 part vi line 7a.

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by the chief innovation officer (cio) and the foundation board before submission.

Form 990, Page 6, Part VI, Line 12C

Legal counsel distributes the conflict of interest policies every june and reviews the submitted annual statements before turning them over to the foundation staff. The staff files these statements in our permanent records. The chambers conflict of interest policy covers directors, officers and members of committees with board-delegated powers. All covered persons have a duty to disclose any actual or possible conflict of interest to the directors or other committee members. In the event of a conflict, the board or committee will meet, discuss and vote upon the transaction or arrangement. The interested person may participate in the discussions on the matter but is prohibited from voting on the matter. The minutes of the board and committee meetings document all disclosures of substantial interests by covered persons.

Form 990, Page 6, Part VI, Line 15A

The gpcf hr committee approves the salary and bonuses for the ceo and cio.

Form 990, Page 6, Part VI, Line 15B

The greater phoenix chamber of commerce hr committee approves the salary and bonuses for the ceo and cio.

Form 990, Page 6, Part VI, Line 19

The governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Greater Phoenix Chamber Foundation
EIN
81-1367313
Phone
6024956486
Address
2575 E CAMELBACK RD STE 410, PHOENIX, AZ 85016

Signing Officer

Name
Todd Sanders
Title
President & CEO
Phone
6024956466
Signed
2022-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Sanders
Formed
2016
Legal Domicile
Az
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Fester & Chapman Pllc
Address
9019 E BAHIA DR STE 100, SCOTTSDALE, AZ 85260
Preparer
Rachel R Locke CPA
Phone
6022643077
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The foundation, a 501c3 nonprofit organization, leads the charitable and education initiatives of the greater phoenix chamber under the four pillars of education, workforce development, wellness, and research. Through strong alignment between education, business, and community, the foundation prepares individuals for college and career and serves as an intermediary to convey workforce needs and champion scalable workforce solutions. In addition, the foundation makes arizona and the greater phoenix region known as destinations for healthy talent and healthy communities through workplace wellness efforts and publishes data-driven research to inform policymakers, business leaders, and the general public.

Form 990, Page 2, Part III, 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. After four years in existence, wellness atoz has partnered with over 200 arizona-based companies and positively impacted more than 400,000 employees. Wellness atoz is a resource that can help a company launch a wellness program, but also complements and enhances existing wellness programs by highlighting best practices and offering free tools. By encouraging companies to embody the wellness atoz pillars of eatwell, playwell, livewell and workwell, wellness atoz creates meaningful content that is useful to anyone, regardless of age, race, gender, financial status or ability level. In addition, wellness atoz launched it's spanish version por tu salud to expand the reach of wellness into the spanish speaking community. As a part of the workwell pillar, the foundation hosts quarterly forums to bring employers from all different industries together to discuss best practices surrounding employee wellness. Ideas are gathered, challenges are addressed and competitors work together for the greater good of the community. Each forum hosts 60 and 80 human resources professionals, impacting over 300,000 employees state-wide. 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.

Form 990, Page 2, Part III, Line 4B

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. Key workforce development successes include continued partnership with maricopa county community college district which led to and expanded training for financial services careers through the securities industries essentials credential; expansion of a new critical care training program at maricopa county community colleges; launch of an it and cybersecurity externship; and continued success of build your future arizona, a career awareness campaign to promote careers in construction.

Form 990, Page 2, Part III, Line 4C

Elevateedaz prepares individuals for college and career through stronger alignment between education, business, and the community. Elevateedaz transforms education through three mutually reinforcing pillars: -teaching and learning by providing students with meaningful learning that give them the technical knowledge and skills to be successful in college, careers, and life -the school experience by providing career development, integrating related pathways, and providing practical application through work-based learning -business and civic engagement by building stronger employer and civic engagement in career connected learning elevateedaz expanded to four campuses in fy 2021, impacting over 20,000 students.

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IRS990/ProgSrvcAccomActy2Grp/Desc0IN 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. KEY WORKFORCE DEVELOPMENT SUCCESSES INCLUDE CONTINUED PARTNERSHIP WITH MARICOPA COUNTY COMMUNITY COLLEGE DISTRICT WHICH LED TO AND EXPANDED TRAINING FOR FINANCIAL SERVICES CAREERS THROUGH THE SECURITIES INDUSTRIES ESSENTIALS CREDENTIAL; EXPANSION OF A NEW CRITICAL CARE TRAINING PROGRAM AT MARICOPA COUNTY COMMUNITY COLLEGES; LAUNCH OF AN IT AND CYBERSECURITY EXTERNSHIP; AND CONTINUED SUCCESS OF BUILD YOUR FUTURE ARIZONA, A CAREER AWARENESS CAMPAIGN TO PROMOTE CAREERS IN CONSTRUCTION.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ELEVATEEDAZ PREPARES INDIVIDUALS FOR COLLEGE AND CAREER THROUGH STRONGER ALIGNMENT BETWEEN EDUCATION, BUSINESS, AND THE COMMUNITY. ELEVATEEDAZ TRANSFORMS EDUCATION THROUGH THREE MUTUALLY REINFORCING PILLARS: -TEACHING AND LEARNING BY PROVIDING STUDENTS WITH MEANINGFUL LEARNING THAT GIVE THEM THE TECHNICAL KNOWLEDGE AND SKILLS TO BE SUCCESSFUL IN COLLEGE, CAREERS, AND LIFE -THE SCHOOL EXPERIENCE BY PROVIDING CAREER DEVELOPMENT, INTEGRATING RELATED PATHWAYS, AND PROVIDING PRACTICAL APPLICATION THROUGH WORK-BASED LEARNING -BUSINESS AND CIVIC ENGAGEMENT BY BUILDING STRONGER EMPLOYER AND CIVIC ENGAGEMENT IN CAREER CONNECTED LEARNING ELEVATEEDAZ EXPANDED TO FOUR CAMPUSES IN FY 2021, IMPACTING OVER 20,000 STUDENTS.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JENNIFER MELLOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF INNOVATION OFF
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION, A 501C3 NONPROFIT ORGANIZATION, LEADS THE CHARITABLE AND EDUCATION INITIATIVES OF THE GREATER PHOENIX CHAMBER UNDER THE FOUR PILLARS OF EDUCATION, WORKFORCE DEVELOPMENT, WELLNESS, AND RESEARCH. THROUGH STRONG ALIGNMENT BETWEEN EDUCATION, BUSINESS, AND COMMUNITY, THE FOUNDATION PREPARES INDIVIDUALS FOR COLLEGE AND CAREER AND SERVES AS AN INTERMEDIARY TO CONVEY WORKFORCE NEEDS AND CHAMPION SCALABLE WORKFORCE SOLUTIONS. IN ADDITION, THE FOUNDATION MAKES ARIZONA AND THE GREATER PHOENIX REGION KNOWN AS DESTINATIONS FOR HEALTHY TALENT AND HEALTHY COMMUNITIES THROUGH WORKPLACE WELLNESS EFFORTS AND PUBLISHES DATA-DRIVEN RESEARCH TO INFORM POLICYMAKERS, BUSINESS LEADERS, AND THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WELLNESS 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. AFTER FOUR YEARS IN EXISTENCE, WELLNESS ATOZ HAS PARTNERED WITH OVER 200 ARIZONA-BASED COMPANIES AND POSITIVELY IMPACTED MORE THAN 400,000 EMPLOYEES. WELLNESS ATOZ IS A RESOURCE THAT CAN HELP A COMPANY LAUNCH A WELLNESS PROGRAM, BUT ALSO COMPLEMENTS AND ENHANCES EXISTING WELLNESS PROGRAMS BY HIGHLIGHTING BEST PRACTICES AND OFFERING FREE TOOLS. BY ENCOURAGING COMPANIES TO EMBODY THE WELLNESS ATOZ PILLARS OF EATWELL, PLAYWELL, LIVEWELL AND WORKWELL, WELLNESS ATOZ CREATES MEANINGFUL CONTENT THAT IS USEFUL TO ANYONE, REGARDLESS OF AGE, RACE, GENDER, FINANCIAL STATUS OR ABILITY LEVEL. IN ADDITION, WELLNESS ATOZ LAUNCHED IT'S SPANISH VERSION POR TU SALUD TO EXPAND THE REACH OF WELLNESS INTO THE SPANISH SPEAKING COMMUNITY. AS A PART OF THE WORKWELL PILLAR, THE FOUNDATION HOSTS QUARTERLY FORUMS TO BRING EMPLOYERS FROM ALL DIFFERENT INDUSTRIES TOGETHER TO DISCUSS BEST PRACTICES SURROUNDING EMPLOYEE WELLNESS. IDEAS ARE GATHERED, CHALLENGES ARE ADDRESSED AND COMPETITORS WORK TOGETHER FOR THE GREATER GOOD OF THE COMMUNITY. EACH FORUM HOSTS 60 AND 80 HUMAN RESOURCES PROFESSIONALS, IMPACTING OVER 300,000 EMPLOYEES STATE-WIDE. 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN 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. KEY WORKFORCE DEVELOPMENT SUCCESSES INCLUDE CONTINUED PARTNERSHIP WITH MARICOPA COUNTY COMMUNITY COLLEGE DISTRICT WHICH LED TO AND EXPANDED TRAINING FOR FINANCIAL SERVICES CAREERS THROUGH THE SECURITIES INDUSTRIES ESSENTIALS CREDENTIAL; EXPANSION OF A NEW CRITICAL CARE TRAINING PROGRAM AT MARICOPA COUNTY COMMUNITY COLLEGES; LAUNCH OF AN IT AND CYBERSECURITY EXTERNSHIP; AND CONTINUED SUCCESS OF BUILD YOUR FUTURE ARIZONA, A CAREER AWARENESS CAMPAIGN TO PROMOTE CAREERS IN CONSTRUCTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ELEVATEEDAZ PREPARES INDIVIDUALS FOR COLLEGE AND CAREER THROUGH STRONGER ALIGNMENT BETWEEN EDUCATION, BUSINESS, AND THE COMMUNITY. ELEVATEEDAZ TRANSFORMS EDUCATION THROUGH THREE MUTUALLY REINFORCING PILLARS: -TEACHING AND LEARNING BY PROVIDING STUDENTS WITH MEANINGFUL LEARNING THAT GIVE THEM THE TECHNICAL KNOWLEDGE AND SKILLS TO BE SUCCESSFUL IN COLLEGE, CAREERS, AND LIFE -THE SCHOOL EXPERIENCE BY PROVIDING CAREER DEVELOPMENT, INTEGRATING RELATED PATHWAYS, AND PROVIDING PRACTICAL APPLICATION THROUGH WORK-BASED LEARNING -BUSINESS AND CIVIC ENGAGEMENT BY BUILDING STRONGER EMPLOYER AND CIVIC ENGAGEMENT IN CAREER CONNECTED LEARNING ELEVATEEDAZ EXPANDED TO FOUR CAMPUSES IN FY 2021, IMPACTING OVER 20,000 STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION IS CURRENTLY MANAGED UNDER AN EMPLOYEE LEASE AGREEMENT WITH THE CHAMBER IN WHICH JENNIFER MELLOR, CHIEF INNOVATION OFFICER OVERSEES THE DAY TO DAY MANAGEMENT. COMMUNITY RELATIONS, MARKETING, AND FINANCE EMPLOYEE SERVICES ARE ALSO LEASED UNDER THE ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S SINGLE MEMBER IS GREATER PHOENIX CHAMBER OF COMMERCE (EIN 86-0046963), WHICH IS TAX-EXEMPT PURSUANT TO SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AS THE SINGLE MEMBER, GREATER PHOENIX CHAMBER OF COMMERCE SHALL APPROVE THE ELECTED DIRECTORS OF THE FOUNDATION AND FULFILL ALL DUTIES AS MAY BE REQUIRED UNDER THE BYLAWS, THE ARTICLES, AND THE ACT. UNLESS PROVIDED OTHERWISE, THE MEMBER WILL ACT THROUGH ITS BOARD OF DIRECTORS. NO STOCK OR OTHER EVIDENCE OF OWNERSHIP OF AN INTEREST IN THE FOUNDATION SHALL BE ISSUED BY THIS FOUNDATION AND NO PECUNIARY PROFIT SHALL BE PAID TO ITS MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SEE THE RESPONSE TO FORM 990 PART VI LINE 7A.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE 990 IS REVIEWED BY THE CHIEF INNOVATION OFFICER (CIO) AND THE FOUNDATION BOARD BEFORE SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LEGAL COUNSEL DISTRIBUTES THE CONFLICT OF INTEREST POLICIES EVERY JUNE AND REVIEWS THE SUBMITTED ANNUAL STATEMENTS BEFORE TURNING THEM OVER TO THE FOUNDATION STAFF. THE STAFF FILES THESE STATEMENTS IN OUR PERMANENT RECORDS. THE CHAMBERS CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS. ALL COVERED PERSONS HAVE A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST TO THE DIRECTORS OR OTHER COMMITTEE MEMBERS. IN THE EVENT OF A CONFLICT, THE BOARD OR COMMITTEE WILL MEET, DISCUSS AND VOTE UPON THE TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSON MAY PARTICIPATE IN THE DISCUSSIONS ON THE MATTER BUT IS PROHIBITED FROM VOTING ON THE MATTER. THE MINUTES OF THE BOARD AND COMMITTEE MEETINGS DOCUMENT ALL DISCLOSURES OF SUBSTANTIAL INTERESTS BY COVERED PERSONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10THE GPCF HR COMMITTEE APPROVES THE SALARY AND BONUSES FOR THE CEO AND CIO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11THE GREATER PHOENIX CHAMBER OF COMMERCE HR COMMITTEE APPROVES THE SALARY AND BONUSES FOR THE CEO AND CIO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 2, PART III, LINE 4C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false

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