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Sun Corridor Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202430213 ✦ Tucson, AZ ✦ Designated as a 501(c)(6)

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Overview

What is Sun Corridor Inc?

Sun Corridor Inc, situated in Tucson, Arizona, serves as a nonprofit organization dedicated to fostering economic development and enhancing business conditions within the Southern Arizona region. Its primary mission is to nurture the establishment of new businesses, uphold the growth of existing ones, and attract companies that provide high-value jobs and align with the community's shared values. With a modest workforce of 12 employees, Sun Corridor Inc is a vital force in the region, working tirelessly to support local businesses and contribute to the overall prosperity of the community.


Official website here: www.suncorridorinc.com/

Is Sun Corridor Inc legitimate?

Sun Corridor Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Sun Corridor Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,260,351
Professional Fundraising Fees: $0
Other Salaries and Wages: $382,109

For more financial information, click here


Official website here: www.suncorridorinc.com/

What is the mission statement of Sun Corridor Inc?

Sun Corridor Inc's mission is focused on fostering the growth of businesses within its region. Specifically, the organization aims to support the creation of new businesses, retain and expand existing ones, and attract companies that offer high-value jobs and align with the community's values. By doing so, Sun Corridor Inc aims to enhance the economic development of the region, ultimately benefiting both residents and businesses. The organization strives to improve business conditions in the Southern Arizona area, with the ultimate goal of fostering a thriving and prosperous economy.


Official website here: www.suncorridorinc.com/

Who is the CEO of Sun Corridor Inc?

Joseph Snell is the President of Sun Corridor Inc.


Official website here: www.suncorridorinc.com/

What is the revenue of Sun Corridor Inc?

Sun Corridor Inc's revenue in 2022 was $2,769,557.


Official website here: www.suncorridorinc.com/

Who are the executives of Sun Corridor Inc and what are their salaries?

The average compensation at Sun Corridor Inc during 2022 was $136,872. There are 12 employees and 73 volunteers at Sun Corridor Inc.


Here are 17 key members and their salaries:


Dennis R Minano (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Bronson (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Lambert (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Lovallo (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fletcher Mccusker (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ali Farhang (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Omar Mireles (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Robbins (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mistler (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Mcdowell (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Gray (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Rich (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Smallhouse (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Snell (President)
  • Compensation: $517,921
  • Related: $0
  • Other: $178,101
Mary C Casper (Cfo)
  • Compensation: $179,774
  • Related: $0
  • Other: $6,144
David Welsh (Executive Vice President)
  • Compensation: $216,054
  • Related: $0
  • Other: $7,780
Laura Shaw (Senior Vice President)
  • Compensation: $168,293
  • Related: $0
  • Other: $6,261


Official website here: www.suncorridorinc.com/

Where can I find the form 990 for Sun Corridor Inc?

Sun Corridor Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.suncorridorinc.com/

Learn more at the official website: www.suncorridorinc.com/

Mission Statement of Sun Corridor Inc

Sun Corridor Inc, a nonprofit organization, is dedicated to supporting the growth and prosperity of businesses within its region. Its primary mission is to foster the creation of new enterprises, encourage the retention and expansion of existing businesses, and attract companies that offer high-value jobs and align with the community's values. By promoting economic development and improving business conditions, Sun Corridor Inc aims to benefit all residents and businesses within the organization's sphere of influence. Its purpose is to drive forward the economic growth of the region, ultimately contributing to the betterment of the entire community.

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Impact




October, 2024

Sun Corridor Inc plays a pivotal role in driving economic growth and enhancing business conditions in the Southern Arizona region. By facilitating the creation of new businesses and supporting the retention and expansion of existing ones, the organization fosters a vibrant entrepreneurial environment that benefits both residents and enterprises alike.

One of its key impacts is attracting companies that provide high-value jobs, which not only boosts local employment rates but also aligns with the community's values. This focused approach to economic development enhances the overall quality of life in Tucson and surrounding areas by increasing job opportunities and fostering a diverse economic landscape.

Furthermore, Sun Corridor Inc's efforts contribute to community improvement by promoting collaboration among various stakeholders, which leads to innovative solutions and investments that strengthen the local economy. By creating a supportive infrastructure for businesses, the organization helps ensure sustainable growth and prosperity for all members of the community.




This information is meant to be a general summary of Sun Corridor Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,769,557 (2022)
Expenses
$2,543,111 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,233
  • Program Service Revenue: $1,837,889
  • Gross Receipts: $2,884,665

Assets and Liabilities:

  • Total Assets: $3,382,141
  • Total Liabilities: $1,375,658
  • Net Assets: $2,006,483

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,545,659

TAA

Revenue

$175,000

OTHER PROGRAM SERVICE

Revenue

$112,230

SITE SELECTOR GUILD

Revenue

$5,000

Organization Details

Founding Year

2005

Principal Officer

Joseph Snell

Main Address

1985 EAST RIVER ROAD SUITE 101, TUCSON, AZ, 85718

NTEE Category

Code: S41 - Community improvement

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