2014-05-07T13:17:27-05:00 2013-06-30 480573184 REGIER CARR & MONROE LLP 4801 E BROADWAY BLVD STE 501 TUCSON AZ 857113648 990 2012-07-01 202430213 TUCSON REGIONAL ECONOMIC OPPORTUNITIES INC TUCS 5202431900 120 NORTH STONE AVENUE SUITE 200 TUCSON AZ 857011502 CATHY CASPER 5202431900 2014-03-23 1 MARK E COWLEY CPA P00362589 5206248229 2012 2015-11-30 17:44:51Z JOSEPH SNELL 120 NORTH STONE AVENUE SUITE 200 TUCSON AZ 857011502 1651899 0 X WWW.TREOAZ.ORG X 2005 AZ ORGANIZED FOR THE PURPOSE OF STRATEGIC AND RESPONSIVE BUSINESS RECRUITMENT, BUSINESS RETENTION AND EXPANSION, AND BUSINESS CREATION, TOURISM AND WORKFORCE DEVELOPMENT. 53 53 13 53 0 0 870000 500000 1105210 1103648 1084 1844 -2952 8577 1973342 1614069 0 0 0 0 1214727 1205851 0 0 0 519654 476798 1734381 1682649 238961 -68580 3001240 2929978 991696 989014 2009544 1940964 ORGANIZED FOR THE PURPOSE OF STRATEGIC AND RESPONSIVE BUSINESS RECRUITMENT, BUSINESS RETENTION AND EXPANSION, AND BUSINESS CREATION, TOURISM AND WORKFORCE DEVELOPMENT. 0 0 PROMOTE THE ECONOMIC DEVELOPMENT OF AND IMPROVE BUSINESS CONDITIONS IN THE TUCSON REGION FOR THE BENEFIT OF ALL RESIDENTS AND BUSINESSES. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 13 1 0 0 0 0 0 0 0 0 X 53 53 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ X X CATHY CASPER 5202431900 120 NORTH STONE AVENUE SUITE 200 TUCSON AZ 857011502 BONNIE ALLIN 5.00 X 0 0 0 MARA ASPINALL 5.00 X 0 0 0 JAMES BECKMANN 5.00 X 0 0 0 DUANE BLUMBERG 5.00 X 0 0 0 PAUL BONAVIA 5.00 X 0 0 0 SHARON BRONSON 5.00 X 0 0 0 KEVIN BURNETT 5.00 X 0 0 0 KATHY BYRNE 5.00 X 0 0 0 JIM CLICK 5.00 X 0 0 0 MICHAEL CROW 5.00 X 0 0 0 BRUCE DUSENBERRY 5.00 X 0 0 0 STEVE EGGEN 5.00 X 0 0 0 DUANE FROESCHLE 5.00 X 0 0 0 GUY GUNTHER 5.00 X 0 0 0 ED HADLEY 5.00 X 0 0 0 MICHAEL HAMMOND 5.00 X 0 0 0 WILLIAM HARRIS 5.00 X 0 0 0 ANN WEAVER HART 5.00 X 0 0 0 LAWRENCE HECKER 5.00 X 0 0 0 SATISH HIREMATH DDS 5.00 X 0 0 0 ED HONEA 5.00 X 0 0 0 DAVE HUTCHENS 5.00 X 0 0 0 DAISY JENKINS 5.00 X 0 0 0 GREGG JOHNSON 5.00 X 0 0 0 WILLIAM KELLEY 5.00 X 0 0 0 ADRIANA KONG ROMERO 5.00 X 0 0 0 STEVE LACE 5.00 X 0 0 0 LEE LAMBERT 5.00 X 0 0 0 LISA LOVALLO 5.00 X 0 0 0 XAVIER MANRIQUE 5.00 X 0 0 0 FLETCHER MCCUSKER 5.00 X 0 0 0 LAWRENCE MEHREN 5.00 X 0 0 0 FRANCIS MERRYMAN 5.00 X 0 0 0 DENNIS MINANO 5.00 X 0 0 0 OMAR MIRELES 5.00 X 0 0 0 FARHAD MOGHHIMI 5.00 X 0 0 0 JUDY PATRICK 5.00 X 0 0 0 TONY PENN 5.00 X 0 0 0 VIRGIL RENZULLI 5.00 X 0 0 0 JUDY RICH 5.00 X 0 0 0 WALTER RICHTER 5.00 X 0 0 0 JONATHAN ROTHSCHILD 5.00 X 0 0 0 KERI SILVYN 5.00 X 0 0 0 DAVID SMALLHOUSE 5.00 X 0 0 0 PHILIP TEDESCO 5.00 X 0 0 0 TERI THOMPSON 5.00 X 0 0 0 MICHAEL WALDRUM 5.00 X 0 0 0 MATT WANDOLOSKI 5.00 X 0 0 0 SANDRA WATSON 5.00 X 0 0 0 GREG WHITE 5.00 X 0 0 0 RAYMOND WOOSLEY 5.00 X 0 0 0 BRUCE WRIGHT 5.00 X 0 0 0 STEVE ZYLSTRA 5.00 X 0 0 0 JOSEPH SNELL 40.00 X 299032 0 36127 DAVID WELSH 40.00 X 158580 0 12635 CATHY CASPER 40.00 X 112187 0 3162 LAURA SHAW 40.00 X 119214 0 11232 689013 0 63156 4 0 1 0 0 500000 500000 MEMBERSHIP DUES 900099 1103648 1103648 1103648 1821 1821 23 0 23 23 23 43382 37830 5552 5552 OTHER REVENUE 900099 3025 3025 3025 1614069 1106696 0 7373 807259 302573 9343 22503 64173 16130 7310 4506 151913 32901 14229 33077 7497 PUBLIC RELATIONS 67123 TELEPHONE 45464 BUSINESS DEVELOPMENT 43714 EQUIPMENT RENTAL 14650 38284 1682649 629449 604928 1540760 1372310 21085 162500 11453 36 28681 24770 303940 257449 79532 46491 574924 576190 115356 142753 3001240 2929978 335606 345366 540734 500895 115356 142753 991696 989014 X 2009544 1940964 2009544 1940964 3001240 2929978 -68580 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 3857 1699 2158 160637 138674 21963 139446 117076 22370 46491 DEFERRED COMPENSATION PLAN 142753 142753 X 1686899 35000 37829 72829 1614070 0 1614070 1755479 35000 37829 72829 1682650 0 1682650 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: BASED UPON INFORMATION SUPPLIED TO THE INTERNAL REVENUE SERVICE, THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. CERTAIN UNRELATED BUSINESS INCOME MAY BE SUBJECT TO INCOME TAX. THE ORGANIZATION HAS ADOPTED STANDARDS UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES THAT SET A MORE LIKELY THAN NOT CRITERION FOR RECOGNIZING TAX BENEFITS OF UNCERTAIN TAX POSITIONS, ESTABLISHES MEASUREMENT CRITERIA FOR TAX BENEFITS, AND ESTABLISHES CERTAIN DISCLOSURE REQUIREMENTS. THE ORGANIZATION BELIEVES THAT THEIR INCOME TAX FILING POSITIONS AND DEDUCTIONS WILL BE SUSTAINED UPON EXAMINATION AND, ACCORDINGLY, HAVE NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES AT JUNE 30, 2013 FOR UNCERTAIN INCOME TAX POSITIONS PURSUANT TO GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. INCOME TAX RELATED INTEREST AND PENALTIES, IF ANY, ARE REPORTED IN GENERAL AND ADMINISTRATIVE EXPENSES WHEN INCURRED. THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY INTEREST OR PENALTIES RELATED TO INCOME TAXES. NO INCOME TAX EXAMINATIONS ARE CURRENTLY UNDERWAY OR ANTICIPATED. THE STATUTE OF LIMITATIONS IS THREE YEARS FOR FEDERAL INCOME TAX PURPOSES AND FOUR YEARS FOR THE STATE OF ARIZONA. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE PART XII, LINE 2D: SPECIAL EVENT EXPENSE PART XIII, LINE 2D: SPEICAL EVENT EXPENSE LUNCHEONS 43382 43382 37830 43382 43382 37830 37830 5552 X X X X 0 1 0 JOSEPH SNELL 228907 0 70125 0 0 0 28756 0 7371 0 335159 0 0 0 DAVID WELSH 138580 0 20000 0 0 0 5081 0 7554 0 171215 0 0 0 SUPPLEMENTAL INFORMATION PART III PART I QUESTION 4B: JOSEPH SNELL PARTICIPATED IN A NON-QUALIFIED 457 RETIREMENT PLAN AND HIS NON-QUALIFIED RETIREMENT COMPENSATION FOR THE FISCAL YEAR ENDED JUNE 30, 2013 WAS $17,500. FORM 990, PART VI, SECTION B, LINE 11 COPIES OF THE COMPLETED FORM 990, WITH SUPPORTING SCHEDULES AND FOOTNOTES, WILL BE DISTRIBUTED TO THE AUDIT COMMITTEE AND THE PRESIDENT/CEO. THE PRESIDENT WILL REVIEW THE FORM 990 WITH THE AUDIT COMMITTEE. ANY CORRECTIONS OR CHANGES WILL BE NOTED AND ADDRESSED. COPIES OF THE COMPLETED FORM 990 WILL BE DISTRIBUTED TO THE ENTIRE GOVERNING BODY FOR REVIEW AND APPROVAL DURING A REGULAR MEETING OF THE BOARD. ONCE APPROVED BY THE BOARD OF DIRECTORS, THE TAX PREPARER WILL PROCESS THE FILING OF THE FORM 990 USING E-FILE OF PAPER RETURN PROCEDURES. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND STAFF REVIEW THE POLICY ANNUALLY AND PROVIDE AN ANNUAL STATEMENT OF DISCLOSURE TO MAKE KNOWN ANY CONFLICTS WITH THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE ESTABLISHES GOALS & METRICS AND DETERMINES AN ASSOCIATED RATING SCALE. THE COMMITTEE APPLIES THE SCALE TO ACHIEVED RESULTS AND BASED ON THE OUTCOME, USES AN ESTABLISHED PAY SCALE TO DETERMINE MERIT INCREASE AND/OR BONUSES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGE IN COMMITTEE OVERSIGHT OF AUDIT FROM PRIOR YEAR PART XI, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR SELECTING THE INDEPENDENT AUDITOR AND OVERSEEING THE AUDIT PROCESS. THERE IS NO CHANGE IN THE AUDIT COMMITTEE'S RESPONSIBILITY FOR OVERSEEING THE AUDIT FROM PRIOR YEAR.