SEDONA CHAMBER OF COMMERCE INC

EIN: 860134659

SEDONA, AZ

Total Revenue
$1,941,092
Total Expenses
$1,848,232
Total Assets
$1,287,836
Net Assets
$367,694
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
AZ
Principal Officer
DAVID KEY
Phone
9282041123
Tax Period
2025-01-01 to 2025-12-31

SEDONA CHAMBER OF COMMERCE INC, founded in 1960, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2025. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 5% surplus.

Mission

THE ORGANIZATIONS MISSION IS TO FOSTER AND ENHANCE THE CIVIC, ECONOMIC AND SOCIAL WELFARE OF ITS MEMBERS BY PROMOTING BUSINESS DEVELOPMENT AND GROWTH IN THE CITY OF SEDONA AND SURROUNDING COMMUNITIES

Program Service Accomplishments

Program 1
Expenses: $1,171,594 Revenue: $1,457,021

THE SEDONA CHAMBER OF COMMERCE HAS APPROXIMATELY 700 MEMBERS LOCATED IN SEDONA, AZ and SURROUNDING COMMUNITIES. SC of C PROGRAMS FOCUS PRIMARILY ON PROVIDING MEMBER BUSINESSES AND ORGANIZATIONS...

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THE SEDONA CHAMBER OF COMMERCE HAS APPROXIMATELY 700 MEMBERS LOCATED IN SEDONA, AZ and SURROUNDING COMMUNITIES. SC of C PROGRAMS FOCUS PRIMARILY ON PROVIDING MEMBER BUSINESSES AND ORGANIZATIONS WORKSHOPS, EDUCATIONAL PROGRAMS, NETWORKING EVENTS AND VALUABLE MARKETING OPTIONS TO ATTRACT LOCALS AND TOURISTS TO MEMBER BUSINESSES.

Program 2
Expenses: $476,303 Revenue: $479,551

THE SEDONA CHAMBER OF COMMERCE OPERATES THE SEDONA VISITOR CENTER IN UPTOWN SEDONA, AZ., ONE OF THE BUSIEST CENTERS IN THE STATE OF ARIZONA. THE ORGANIZATION OWNS THE BUILDING WHICH HOUSES THE...

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THE SEDONA CHAMBER OF COMMERCE OPERATES THE SEDONA VISITOR CENTER IN UPTOWN SEDONA, AZ., ONE OF THE BUSIEST CENTERS IN THE STATE OF ARIZONA. THE ORGANIZATION OWNS THE BUILDING WHICH HOUSES THE VISITOR CENTER, AND PROVIDES MANAGEMENT AND STAFFING SERVICES TO THE CENTER UNDER CONTRACT WITH THE CITY OF SEDONA. DURING CALENDAR YEAR 2025, THE CENTER SERVED MORE THAN 175,000 VISITORS. STAFF AND VOLUNTEERS ACT AS DESTINATION EXPERTS, GREETING VISITORS AND OFFERING INSIGHTS AND RECOMMENDATIONS INTO THE AREAS AMENITIES, WHILE EDUCATING VISITORS ON IMPORTANT SUSTAINABILITY PRACTICES , INCLUDING ENVIRONMENTAL STEWARDSHIP AND RESPONSIBLE RECREATING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,295,478
Program Service Revenue $625,504
Investment Income $4,520
Other Revenue $15,590
TOTAL REVENUE $1,941,092

Expense Breakdown

Grants Paid $714
Salaries & Benefits $704,161
Fundraising Expenses $0
Program Expenses $1,647,897
Other Expenses $1,143,357
TOTAL EXPENSES $1,848,232

Year-over-Year Comparison

2025 2024 Change
Revenue $1,941,092 $1,489,797 +0.3%
Expenses $1,848,232 $1,536,794 +0.2%
Net Income $92,860 $-46,997 -3.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Governance

Voting Members
16
Independent Members
16
Employees
23
Volunteers
50

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$114,523
Total Directors
14
$0
Key Employees
1
$114,523
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID KEY PRESIDENT/CEO 050.00
Officer Key Emp
$106,998 $7,525 $114,523
CHERYL BARRON BOARD CHAIRMAN 010.00
Director
$0 $0 $0
LONNIE LILLIE VICE CHAIRMAN 010.00
Director
$0 $0 $0
MIKE WISE DIRECTOR 002.00
Director
$0 $0 $0
AL COMELLO DIRECTOR 002.00
Director
$0 $0 $0
MITHAT EVIGREN DIRECTOR 002.00
Director
$0 $0 $0
BRANDON FULTS DIRECTOR 002.00
Director
$0 $0 $0
RYAN GLASS DIRECTOR 002.00
Director
$0 $0 $0
GARY GLENN DIRECTOR 002.00
Director
$0 $0 $0
EBEN HARTZENBERG DIRECTOR 002.00
Director
$0 $0 $0
K C KINSEY DIRECTOR 002.00
Director
$0 $0 $0
BRETT LABIT DIRECTOR 002.00
Director
$0 $0 $0
LESLIE McLEAN DIRECTOR 002.00
Director
$0 $0 $0
FRANK SANDERSOM DIRECTOR 002.00
Director
$0 $0 $0
MARK TUFTE DIRECTOR 002.00
Director
$0 $0 $0
JULIE RICHARD TREASURER 010.00
Officer
$0 $0 $0
ED ROSE SECRETARY 010.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,941,092 $1,848,232 $1,287,836 $92,860
2024 $1,489,797 $1,536,794 $1,226,690 $-46,997
2023 $2,147,620 $2,170,578 $1,696,268 $-22,958
2023 $534,799 $783,300 $1,168,756 $-248,501
2022 $2,744,271 $2,620,782 $1,734,329 $123,489
2021 $3,032,013 $2,670,850 $2,562,086 $361,163
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