ARIZONA MAJOR EVENTS HOST COMMITTEE

EIN: 883182362 501(c)(3) Community Improvement

PHOENIX, AZ

Total Revenue
$1,061,795
Total Expenses
$4,567,668
Total Assets
$14,733,620
Net Assets
$14,733,620
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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
2022
Legal Domicile
AZ
Principal Officer
JODI NOBLE
Phone
6026188461
Tax Period
2024-07-01 to 2025-06-30

ARIZONA MAJOR EVENTS HOST COMMITTEE, founded in 2022, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $4.6M exceeded revenue, resulting in a 330% operating deficit.

Mission

STRIVES TO ATTRACT AND HOST KEY HIGH-PROFILE, COMPETITIVELY BID, MAJOR EVENTS

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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 $0
Program Service Revenue $485,206
Investment Income $576,589
Other Revenue $0
TOTAL REVENUE $1,061,795

Expense Breakdown

Grants Paid $2,800,000
Salaries & Benefits $1,313,124
Fundraising Expenses $0
Program Expenses $4,254,298
Other Expenses $454,544
TOTAL EXPENSES $4,567,668

Year-over-Year Comparison

2024 2023 Change
Revenue $1,061,795 $8,992,188 -0.9%
Expenses $4,567,668 $2,703,268 +0.7%
Net Income $-3,505,873 $6,288,920 -1.6%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
5
Employees
26
Volunteers
N/A

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
$918,000
Total Directors
6
$918,000
Key Employees
1
$322,500
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAY PARRY PRESIDENT & CEO 10.00
Officer Director
$200,962 $0 $918,000
SANDRA WATSON BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID ROUSSEAU BOARD MEMBER 1.00
Director
$0 $0 $0
JODI NOBLE TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL BIDWILL BOARD CHAIRMAN 1.00
Officer Director
$0 $0 $0
LISA URIAS BOARD MEMBER 1.00
Director
$0 $0 $0
KYLE HEDSTROM HEAD-FINANCE, EVENTS & PRTNERSHIPS 10.00
Key Emp
$77,885 $0 $322,500
JEN BARNETT EVP OPS, SOC RESP & VOLUNTEERS 40.00
Highest
$185,962 $0 $185,962
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 $1,061,795 $4,567,668 $14,733,620 $-3,505,873
2024 No data No data No data No data
2023 $12,276,355 $271,545 $12,004,810 $12,004,810
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