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Greater Phoenix Economic Council

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

EIN: 860539979 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Greater Phoenix Economic Council?

The Greater Phoenix Economic Council (GPEC) is a nonprofit organization situated in Phoenix, Arizona. Its primary mission is to attract and sustain high-quality businesses, thereby enhancing the competitiveness of the Greater Phoenix region. In the fiscal year 2022-23, GPEC collaborated with stakeholders and community members to entice 37 companies to the area, resulting in an incremental payroll of $560.06 million and the creation of 7,731 projected jobs, with 5,019 of them being high-wage positions. The organization boasts a team of 50 dedicated professionals. GPEC's activities involve working with businesses, advocating for the region, and fostering a competitive business environment.


Official website here: www.gpec.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)**

The Greater Phoenix Economic Council (GPEC) has achieved a remarkable score of 97%, securing a Four-Star rating from Charity Navigator. This score reflects the organization’s strong commitment to accountability and financial management, with 100% independent board members and no material diversion of assets reported. GPEC has demonstrated a high level of oversight, as evidenced by its robust financial practices, including a program expense ratio of 82.85%, which indicates a significant portion of revenues directed toward programmatic efforts.

However, it is important to note that GPEC's rating relies solely on its Accountability & Finance metrics, as other aspects such as Leadership & Adaptability, Culture & Community, and Impact & Measurement are currently not assessed due to a lack of data. This may offer a limited view of the organization's overall effectiveness and impact within the community.

Unfortunately, user reviews from GreatNonprofits could not be fetched, leaving a gap in public sentiment analysis. Nonetheless, the strong financial practices and governance set a solid foundation for potential donor trust and community contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Greater Phoenix Economic Council legitimate?

Greater Phoenix Economic Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Phoenix Economic Council 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: $658,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,267,200

For more financial information, click here


Official website here: www.gpec.org

What is the mission statement of Greater Phoenix Economic Council?

The Greater Phoenix Economic Council's mission is centered around attracting and fostering the growth of quality businesses. This organization actively advocates for the competitiveness of a broader business environment. In the fiscal year 2023, GPEC collaborated with its stakeholders and member communities to attract 37 companies, contributing $560.06 million in incremental payroll and projecting the creation of 7,731 new jobs, with 5,019 of them being high-wage positions. In addition, GPEC had 246 prospects, with 61 of them being international.


Official website here: www.gpec.org

Who is the CEO of Greater Phoenix Economic Council?

Chris Camacho is the Chair of Greater Phoenix Economic Council. The CEO's salary of Greater Phoenix Economic Council is $626,000 and their total compensation is $645,200.


Official website here: www.gpec.org

What is the revenue of Greater Phoenix Economic Council?

Greater Phoenix Economic Council's revenue in 2023 was $9,013,171.


Official website here: www.gpec.org

Who are the executives of Greater Phoenix Economic Council and what are their salaries?

The average compensation at Greater Phoenix Economic Council during 2023 was $78,513. There are 50 employees and 94 volunteers at Greater Phoenix Economic Council.


Here are 98 key members and their salaries (Greater Phoenix Economic Council's CEO's salary is $626,000 and their total compensation is $645,200):


David Rousseau (Chair)
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Derrick Hall (Vice Chair)
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Tammy Mcleod (Secretary)
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Ronald Butler (Treasurer)
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Ed Aaronson (Director)
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Megan Ackaert (Director)
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David Adame (Director)
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Susan Bansak (Director)
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Jeff Barton (Director)
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Jason Beck (Director)
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Kyle Becton (Director)
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Steve Betts (Director)
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Chris Brady (Director)
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Jarett Brock (Director)
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Mathew Buchwald (Director)
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Ben Buckley (Director (Thru 12/22))
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Cathy Carlat (Director (Thru 12/22))
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Angela Creedon (Director)
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Matt Even (Director)
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Gabrielle Finley-Hazle (Director)
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Kate Gallego (Director)
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Thomas Galvin (Director)
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Don Garner (Director)
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Bill Gates (Director)
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Kathleen Goeppinger (Director)
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Steven Gonzales (Director)
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Adam Goodman (Director)
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Lindsay Gorrill (Director)
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Colin Gouveia (Director)
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John Graham (Director)
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Richard Gray (Director)
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Sharron Grzybowski (Director)
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Jeff Guldner (Director)
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Sharon Harper (Director)
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Kevin Hartke (Director)
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Peter Heck (Director)
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Daniel Hendrickson (Director)
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Alexis Hermosillo (Director)
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Stephen Higgins (Director)
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Neil Irwin (Director)
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Heidi Jannenga (Director)
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Scott Jenkins (Director)
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Brett Johnson (Director)
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James Kasselmann (Director)
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Chet Keizer (Director)
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Chris Koch (Director)
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David Krumwiede (Director)
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Andre Kudelski (Director)
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Roop Lakkaraju (Director)
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Todd Laporte (Director)
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Michael Levault (Director)
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Jeff Lowe (Director)
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Paul Luna (Director)
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Mike Madsen (Director)
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Jack Mccain (Director)
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Dea Mcdonald (Director)
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Craig Mcfarland (Director)
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Jessica Mefford-Miller (Director)
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Karla Moran (Director)
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James Morgado (Director)
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Sally Morton (Director)
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Brian Mueller (Director)
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Scott Myers (Director)
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Francis Najafi (Director)
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Eric Orsborn (Director)
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Natascha Ovando-Karadsheh (Director)
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Nipul Patel (Director)
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Rui Pereira (Director)
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Kevin Phelps (Director)
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Scott Phillips (Director)
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Joe Pizzillo (Director)
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Christian Price (Director)
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Shane Randall (Director)
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Robert Robbins (Director)
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Juan Rodriguez (Director)
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Marc Schmittlein (Director)
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Jack Sellers (Director (Thru 3/23))
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Elizabeth Shipley (Director (Thru 12/22))
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Kathryn Sorensen (Director)
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Jim Swanson (Director)
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Troy Swope (Director)
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Cathy Teeter (Director)
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Kevin Tulipana (Director)
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Brad Vynalek (Director)
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Cathleen Walker (Director)
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Andy Warren (Director)
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Kenneth Weise (Director)
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John Welch (Director)
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Corey Woods (Director)
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Brad Wright (Director)
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Brett Yacko (Director (Thru 3/23))
  • Compensation: $0
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Chris Zaharis (Director)
  • Compensation: $0
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Jennifer Zonneveld (Director)
  • Compensation: $0
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Chris Camacho (President & Ceo)
  • Compensation: $626,000
  • Related: $0
  • Other: $19,200
Brad Smidt (Svp Business Development)
  • Compensation: $183,821
  • Related: $0
  • Other: $19,561
Thomas Maynard (Svp Business Development)
  • Compensation: $168,859
  • Related: $0
  • Other: $11,032
Kathleen Lee (Svp, Regional Initiatives)
  • Compensation: $161,724
  • Related: $0
  • Other: $10,603
Sean Fogarty (Vp, International Business Development)
  • Compensation: $142,277
  • Related: $0
  • Other: $8,762


Official website here: www.gpec.org

Where can I find the form 990 for Greater Phoenix Economic Council?

Greater Phoenix Economic Council's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.gpec.org

Learn more at the official website: www.gpec.org

Mission Statement of Greater Phoenix Economic Council

Greater Phoenix Economic Council, a notable organization, is committed to its mission of attracting and growing quality businesses. This mission is geared towards enhancing the competitiveness of Greater Phoenix. The council works diligently to achieve this goal, collaborating with its stakeholders and member communities. In the fiscal year 2023, the council successfully attracted 37 companies to the market, contributing an incremental payroll of $560.06 million. These new businesses are projected to generate 7,731 jobs, with 5,019 of these positions offering an average high wage of $84,680. The council also had 246 prospects, with 61 of these being international businesses. This demonstrates Greater Phoenix Economic Council's significant role in promoting business growth and competitiveness in the region.

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Impact



July, 2024

The Greater Phoenix Economic Council's impact includes attracting and growing quality businesses, advocating for Greater Phoenix's competitiveness, and driving significant economic growth in the region. In FY23 alone, GPEC worked with its stakeholders and member communities to attract 37 companies to the market, adding $560.06 million in incremental payroll. This resulted in the creation of 7,731 projected new jobs, with 5,019 of these jobs offering an average high wage of $84,680. Additionally, GPEC engaged with 246 prospects, including 61 international companies, further expanding the region's economic reach and potential. Through its efforts, GPEC is actively contributing to the economic development and prosperity of Greater Phoenix.



This information is meant to be a general summary of Greater Phoenix Economic Council. 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
$9,013,171 (2023)
Expenses
$8,368,807 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,136
  • Program Service Revenue: $3,207,983
  • Gross Receipts: $9,013,171

Assets and Liabilities:

  • Total Assets: $7,119,312
  • Total Liabilities: $1,958,528
  • Net Assets: $5,160,784

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Programs

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

SPECIAL PROGRAM EVENTS

Revenue

$2,821,091

CONTRACT SERVICES

Revenue

$386,892

Organization Details

Founding Year

1989

Phone

(602) 256-7700

Principal Officer

Chris Camacho

Main Address

TWO NORTH CENTRAL AVENUE 2500, PHOENIX, AZ, 850042389

Website

www.gpec.org

NTEE Category

Code: S300 - Community improvement

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