GREATER PHOENIX ECONOMIC COUNCIL

EIN: 860539979 501(c)(3) Community Improvement

PHOENIX, AZ

Total Revenue
$10,338,550
Total Expenses
$9,179,006
Total Assets
$11,038,156
Net Assets
$6,730,629
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
AZ
Principal Officer
THOMAS MAYNARD
Phone
6022567700
Tax Period
2024-07-01 to 2025-06-30

GREATER PHOENIX ECONOMIC COUNCIL, founded in 1989, is a mid-sized nonprofit in the Community Improvement sector that reported $10.3M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $9.2M left a modest 11% surplus.

Mission

ATTRACT AND GROW QUALITY BUSINESSES AND ADVOCATE FOR GREATER PHOENIX'S COMPETITIVENESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,602,641
Program Service Revenue $3,721,391
Investment Income $14,518
Other Revenue $0
TOTAL REVENUE $10,338,550

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,424,787
Fundraising Expenses $295,408
Program Expenses $7,682,265
Other Expenses $3,754,219
TOTAL EXPENSES $9,179,006

Year-over-Year Comparison

2024 2023 Change
Revenue $10,338,550 $8,638,924 +0.2%
Expenses $9,179,006 $8,228,623 +0.1%
Net Income $1,159,544 $410,301 +1.8%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
92
Independent Members
92
Employees
47
Volunteers
100

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
5
$735,764
Total Directors
100
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS CAMACHO PRESIDENT/CEO 40.00
Officer
$648,736 $87,028 $735,764
BRAD SMIDT SVP OF BUSINESS DEVELOPMENT 40.00
Highest
$197,006 $29,745 $226,751
THOMAS MAYNARD SVP OF BUSINESS DEVELOPMENT 40.00
Highest
$192,754 $21,456 $214,210
MAUREEN HOWELL CHIEF OPERATING OFFICER 40.00
Highest
$188,677 $21,180 $209,857
KATHLEEN LEE SVP OF REGIONAL INITIATIVES 40.00
Highest
$179,205 $20,830 $200,035
SEAN FOGARTY VP OF BUSINESS DEVELOPMENT 40.00
Highest
$159,473 $18,812 $178,285
DERRICK HALL CHAIR 1.00
Officer Director
$0 $0 $0
TAMMY MCLEOD VICE CHAIR 1.00
Officer Director
$0 $0 $0
RON BUTLER TREASURER 1.00
Officer Director
$0 $0 $0
BRAD VYNALEK SECRETARY 1.00
Officer Director
$0 $0 $0
ED AARONSON DIRECTOR 1.00
Director
$0 $0 $0
MEGAN ACKAERT DIRECTOR 1.00
Director
$0 $0 $0
DANIEL BARAJAS DIRECTOR 1.00
Director
$0 $0 $0
JEFF BARTON DIRECTOR 1.00
Director
$0 $0 $0
JASON BECK DIRECTOR 1.00
Director
$0 $0 $0
KYLE BECTON DIRECTOR (UNTIL 03/2025) 1.00
Director
$0 $0 $0
COREY BERENDS DIRECTOR 1.00
Director
$0 $0 $0
STEVE BETTS DIRECTOR 1.00
Director
$0 $0 $0
CHRIS BRADY DIRECTOR 1.00
Director
$0 $0 $0
JARETT BROCK DIRECTOR 1.00
Director
$0 $0 $0
MATHEW BUCHWALD DIRECTOR 1.00
Director
$0 $0 $0
MIKE CANADA DIRECTOR (UNTIL 12/2024) 1.00
Director
$0 $0 $0
EDWARD CARR DIRECTOR 1.00
Director
$0 $0 $0
SONNY CAVE DIRECTOR 1.00
Director
$0 $0 $0
WENDY COHEN DIRECTOR 1.00
Director
$0 $0 $0
ANGELA CREEDON DIRECTOR 1.00
Director
$0 $0 $0
RACHAEL CRUMP DIRECTOR 1.00
Director
$0 $0 $0
MIKE CRUZ DIRECTOR 1.00
Director
$0 $0 $0
JAMES CURRIER DIRECTOR 1.00
Director
$0 $0 $0
CHRIS DEROSE DIRECTOR 1.00
Director
$0 $0 $0
TOMAS DIAZ DE LA RUBIA DIRECTOR 1.00
Director
$0 $0 $0
ROSHY DIDEHBAN DIRECTOR 1.00
Director
$0 $0 $0
MARY FEDEWA DIRECTOR 1.00
Director
$0 $0 $0
LISA FITZGIBBONS DIRECTOR 1.00
Director
$0 $0 $0
KATE GALLEGO DIRECTOR 1.00
Director
$0 $0 $0
THOMAS GALVIN DIRECTOR 1.00
Director
$0 $0 $0
BILL GATES DIRECTOR (UNTIL 03/2025) 1.00
Director
$0 $0 $0
ANDREW GEIER DIRECTOR 1.00
Director
$0 $0 $0
TED GEISLER DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN GOEPPINGER DIRECTOR 1.00
Director
$0 $0 $0
MAX GONZALES DIRECTOR 1.00
Director
$0 $0 $0
ADAM GOODMAN DIRECTOR 1.00
Director
$0 $0 $0
MIKE GOODMAN DIRECTOR 1.00
Director
$0 $0 $0
JOHN GRAHAM DIRECTOR 1.00
Director
$0 $0 $0
CHRIS GROGAN DIRECTOR 1.00
Director
$0 $0 $0
SHARRON GRZYBOWSKI DIRECTOR (UNTIL 03/2025) 1.00
Director
$0 $0 $0
SHARON HARPER DIRECTOR 1.00
Director
$0 $0 $0
KEVIN HARTKE DIRECTOR 1.00
Director
$0 $0 $0
PETER HECK DIRECTOR 1.00
Director
$0 $0 $0
DANIEL HENDRICKSON DIRECTOR 1.00
Director
$0 $0 $0
ALEXIS HERMOSILLO DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN HIGGINS DIRECTOR 1.00
Director
$0 $0 $0
TONY HOUSTON DIRECTOR 1.00
Director
$0 $0 $0
JOE HUGHES DIRECTOR 1.00
Director
$0 $0 $0
HEIDI JANNENGA DIRECTOR (UNTIL 03/2025) 1.00
Director
$0 $0 $0
BRETT JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
BRIAN JONES DIRECTOR 1.00
Director
$0 $0 $0
DANIEL KEAVENEY DIRECTOR 1.00
Director
$0 $0 $0
SHEILA KLOEFKORN DIRECTOR 1.00
Director
$0 $0 $0
CHRIS KOCH DIRECTOR 1.00
Director
$0 $0 $0
ANDRE KUDELSKI DIRECTOR 1.00
Director
$0 $0 $0
TODD LAPORTE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL LEVAULT DIRECTOR 1.00
Director
$0 $0 $0
JEFF LOWE DIRECTOR 1.00
Director
$0 $0 $0
PAUL LUNA DIRECTOR 1.00
Director
$0 $0 $0
RAM MAYAMPURATH DIRECTOR (UNTIL 08/2024) 1.00
Director
$0 $0 $0
DEA MCDONALD DIRECTOR 1.00
Director
$0 $0 $0
CRAIG MCFARLAND DIRECTOR (UNTIL 03/2025) 1.00
Director
$0 $0 $0
CIARAN MCMULLAN DIRECTOR 1.00
Director
$0 $0 $0
JESSICA MEFFORD-MILLER DIRECTOR 1.00
Director
$0 $0 $0
SALLY MORTON DIRECTOR 1.00
Director
$0 $0 $0
BRIAN MUELLER DIRECTOR 1.00
Director
$0 $0 $0
SCOTT MYERS DIRECTOR 1.00
Director
$0 $0 $0
FRANCIS NAJAFI DIRECTOR 1.00
Director
$0 $0 $0
CURTIS NIELSON DIRECTOR 1.00
Director
$0 $0 $0
ERIC ORSBORN DIRECTOR 1.00
Director
$0 $0 $0
NATASCHA OVANDO-KARADSHEH DIRECTOR 1.00
Director
$0 $0 $0
AMY PERRY DIRECTOR 1.00
Director
$0 $0 $0
KEVIN PHELPS DIRECTOR 1.00
Director
$0 $0 $0
SCOTT PHILLIPS DIRECTOR 1.00
Director
$0 $0 $0
MIKE PINEDA DIRECTOR 1.00
Director
$0 $0 $0
JOE PIZZILLO DIRECTOR 1.00
Director
$0 $0 $0
WILL REHRIG DIRECTOR 1.00
Director
$0 $0 $0
PAUL RIVERS DIRECTOR 1.00
Director
$0 $0 $0
JUAN RODRIGUEZ DIRECTOR 1.00
Director
$0 $0 $0
DAVID ROUSSEAU DIRECTOR 1.00
Director
$0 $0 $0
MARC SCHMITTLEIN DIRECTOR 1.00
Director
$0 $0 $0
NANCY SMITH DIRECTOR 1.00
Director
$0 $0 $0
KATHRYN SORENSEN DIRECTOR 1.00
Director
$0 $0 $0
SCOTT SPURGEON DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER STEIN DIRECTOR 1.00
Director
$0 $0 $0
KYLE STEINBUCH DIRECTOR 1.00
Director
$0 $0 $0
MARK STEWART DIRECTOR 1.00
Director
$0 $0 $0
CATHY TEETER DIRECTOR 1.00
Director
$0 $0 $0
KERI TIGNINI DIRECTOR 1.00
Director
$0 $0 $0
KEVIN TULIPANA DIRECTOR 1.00
Director
$0 $0 $0
KEN VECCHIONE DIRECTOR 1.00
Director
$0 $0 $0
CATHLEEN WALKER DIRECTOR (UNTIL 03/2025) 1.00
Director
$0 $0 $0
ANDY WARREN DIRECTOR 1.00
Director
$0 $0 $0
RICK WATTS DIRECTOR 1.00
Director
$0 $0 $0
BROOKE WESTEMEIER DIRECTOR 1.00
Director
$0 $0 $0
JULIA WHEATLEY DIRECTOR 1.00
Director
$0 $0 $0
COREY WOODS DIRECTOR 1.00
Director
$0 $0 $0
BRAD WRIGHT DIRECTOR 1.00
Director
$0 $0 $0
CHRIS ZAHARIS DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER ZONNEVELD DIRECTOR 1.00
Director
$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 $10,338,550 $9,179,006 $11,038,156 $1,159,544
2024 $8,638,924 $8,228,623 $9,735,425 $410,301
2023 $9,013,171 $8,368,807 $7,119,312 $644,364
2022 $7,545,492 $7,354,440 $6,926,984 $191,052
2021 $7,256,157 $6,258,166 $5,751,370 $997,991
2020 $6,965,030 $6,809,302 $5,472,151 $155,728
2019 $6,540,079 $6,784,344 $4,503,250 $-244,265
2018 $6,084,709 $5,901,589 $4,752,101 $183,120
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