GREATER PHOENIX ECONOMIC COUNCIL: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: GREATER PHOENIX ECONOMIC COUNCIL (EIN 86-0539979)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2012-10-09
IRS object ID: 201232839349300783
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule G
Schedule J
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-10-09T19:01:02-05:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	410746749	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	20 E THOMAS RD STE 2300	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	85012	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	860539979	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	GREATER PHOENIX ECONOMIC COUNCIL	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	GREA	NameControl
Phone	6022567700	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	TWO NORTH CENTRAL AVENUE NO 2500	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	850042389	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	BARRY BROOME	Name
Title	CHIEF EXECUTIVE OFFICER	Title
Phone	6022567700	Phone
Date Signed	2012-09-24	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	PHIL MCCOLLUM	Name
PTIN	P00129716	PTIN
Phone	6022662248	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	BARRY BROOME	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	TWO NORTH CENTRAL AVENUE NO 2500	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	850042389	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	4637682	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.GPEC.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1989	YearFormation
State Legal Domicile	AZ	StateLegalDomicile
Activity Or Mission Description	ATTRACTS QUALITY BUSINESSES AND ADVOCATES EFFORTS TO IMPROVE COMPETITIVENESS OF GREATER PHOENIX.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	70	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	69	NbrIndependentVotingMembers
Total Nbr Employees	47	TotalNbrEmployees
Total Nbr Volunteers	90	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	4269919	ContributionsGrantsPriorYear
Contributions Grants Current Year	4580206	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	0	ProgramServiceRevenuePriorYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	5732	InvestmentIncomePriorYear
Investment Income Current Year	41776	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-91412	OtherRevenuePriorYear
Other Revenue Current Year	-107224	OtherRevenueCurrentYear
Total Revenue Prior Year	4184239	TotalRevenuePriorYear
Total Revenue Current Year	4514758	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	2983099	SalariesEtcPriorYear
Salaries Etc Current Year	3219100	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	247917	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1558228	OtherExpensePriorYear
Other Expenses Current Year	1268477	OtherExpensesCurrentYear
Total Expenses Prior Year	4541327	TotalExpensesPriorYear
Total Expenses Current Year	4487577	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-357088	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	27181	RevenuesLessExpensesCY
Total Assets BOY	1878157	TotalAssetsBOY
Total Assets EOY	2082504	TotalAssetsEOY
Total Liabilities BOY	763972	TotalLiabilitiesBOY
Total Liabilities EOY	941138	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1114185	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1141366	NetAssetsOrFundBalancesEOY
Mission Description	ORGANIZATION'S MISSION IS TO ATTRACT QUALITY BUSINESSES TO THE GREATER PHOENIX REGION FROM AROUND THE WORLD, AND TO ADVOCATE AND CHAMPION FOUNDATIONAL EFFORTS TO IMPROVE THE REGION'S COMPETITIVENESS.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	3670276	Expense
Description	DURING FY 2012, GPEC INFLUENCED THE OUTCOME OF $177.9 MILLION ININCREMENTAL PAYROLL COMPRISING 4,094 NEW JOBS, OF WHICH 1,312 WEREAT AN AVERAGE HIGH-WAGE SALARY OF $64,973. GPEC HAD 199 PROSPECTS,WITH 29 OF THESE BEING INTERNATIONAL. GPEC HAD 10 TECHNOLOGY ASSISTSIN THE REGION AND A TOTAL EDITORIAL REACH OF 232 MILLION READERS INCIRCULATION.	Description
Total Program Service Expense	3670276	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	1	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	0	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	1	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	16	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	47	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	1	QuidProQuoContributions
Quid Pro Quo Disclosure	1	QuidProQuoDisclosure
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	70	NbrVotingGoverningBodyMembers
Number Independent Voting Members	69	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	0	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	0	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	AZ	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	CONTROLLER	NamePerson
Telephone Number	6022627700	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2 N CENTRAL AVENUE STE 2500	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	85004	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (73 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Highest Compensated EmployeeHighestCompensatedEmployee
BARRY BROOME
PRESIDENT & CEO	40.00	X	X	360553	0	29149
WILLIAM PEPICELLO PHD
CHAIRMAN	1.00	X	X	0	0	0
JAMES LUNDY
VICE-CHAIR	1.00	X	X	0	0	0
IVAN JOHNSON
SECRETARY	1.00	X	X	0	0	0
R NEIL IRWIN
TREASURER	1.00	X	X	0	0	0
MICHAEL BIDWILL
IMMEDIATE PAST CHAIR	1.00	X		0	0	0
RICHARD C ADKERSON
MEMBER	1.00	X		0	0	0
JASON BAGLEY
MEMBER	1.00	X		0	0	0
STEVE BETTS
MEMBER	1.00	X		0	0	0
RON BUTLER
MEMBER	1.00	X		0	0	0
DON BUDINGER
MEMBER	1.00	X		0	0	0
BRIAN CAMPBELL
MEMBER	1.00	X		0	0	0
MICHAEL CROW PHD
MEMBER	1.00	X		0	0	0
KATHLEEN H GOEPPINGER PHD
MEMBER	1.00	X		0	0	0
SHARON HARPER
MEMBER	1.00	X		0	0	0
PAUL JOHNSON
MEMBER	1.00	X		0	0	0
DON KILE
MEMBER	1.00	X		0	0	0
DAVID KRIETOR
MEMBER	1.00	X		0	0	0
TAMMY MCLEOD
MEMBER	1.00	X		0	0	0
DAVID ROUSSEAU
MEMBER	1.00	X		0	0	0
DON SMITH
MEMBER	1.00	X		0	0	0
JOSEPH STEWART
MEMBER	1.00	X		0	0	0
GERRIT VAN HUISSTEDE
MEMBER	1.00	X		0	0	0
ANDY WARREN
MEMBER	1.00	X		0	0	0
RICHARD B WEST III
MEMBER	1.00	X		0	0	0
CHRIS ZAHARIS
MEMBER	1.00	X		0	0	0
CHUCK ALLEN
MEMBER	1.00	X		0	0	0
JASON BARNEY
MEMBER	1.00	X		0	0	0
THE HONORABLE ROBERT BARRETT
MEMBER	1.00	X		0	0	0
THE HONORABLE FULTON BROCK
MEMBER	1.00	X		0	0	0
NORMAN BUTLER
MEMBER	1.00	X		0	0	0
JEFF CROCKETT
MEMBER	1.00	X		0	0	0
WYATT DECKER MD
MEMBER	1.00	X		0	0	0
ROBERT ENDERLE
MEMBER	1.00	X		0	0	0
RUFUS GLASPER PHD
MEMBER	1.00	X		0	0	0
DERRICK HALL
MEMBER	1.00	X		0	0	0
THE HONORABLE HUGH HALLMAN
MEMBER	1.00	X		0	0	0
BARRY HALPERN
MEMBER	1.00	X		0	0	0
G TODD HARDY
MEMBER	1.00	X		0	0	0
JON HELD
MEMBER	1.00	X		0	0	0
SCOTT HENDERSON
MEMBER	1.00	X		0	0	0
LYNNE HERNDON
MEMBER	1.00	X		0	0	0
THE HONORABLE ROBERT JACKSON
MEMBER	1.00	X		0	0	0
JIM KENNY
MEMBER	1.00	X		0	0	0
THE HONORABLE ANDY KUNASEK
MEMBER	1.00	X		0	0	0
THE HONORABLE JOHN LEWIS
MEMBER	1.00	X		0	0	0
THE HONORABLE GEORGIA LORD
MEMBER	1.00	X		0	0	0
JEFF LOWE
MEMBER	1.00	X		0	0	0
PAUL LUNA
MEMBER	1.00	X		0	0	0
PAUL MAGALLANEZ
MEMBER	1.00	X		0	0	0
KATE MARACAS
MEMBER	1.00	X		0	0	0
THE HONORABLE BRIAN MCACHRAN
MEMBER	1.00	X		0	0	0
HARRY PAXTON
MEMBER	1.00	X		0	0	0
THE HONORABLE RUI PEREIRA
MEMBER	1.00	X		0	0	0
DENISE RESNIK
MEMBER	1.00	X		0	0	0
CRAIG ROBB
MEMBER	1.00	X		0	0	0
THE HONORABLE JAY SCHLUM
MEMBER	1.00	X		0	0	0
THE HONORABLE JEFF SERDY
MEMBER	1.00	X		0	0	0
STEVEN M SHOPE PHD
MEMBER	1.00	X		0	0	0
THE HONORABLE ANTHONY SMITH
MEMBER	1.00	X		0	0	0
JAMES T SWANSON
MEMBER	1.00	X		0	0	0
KARRIN KUNASEK TAYLOR
MEMBER	1.00	X		0	0	0
RICHARD J THOMPSON
MEMBER	1.00	X		0	0	0
MIKE TULLY
MEMBER	1.00	X		0	0	0
DAN VERMEER
MEMBER	1.00	X		0	0	0
THE HONORABLE JEFF WENINGER
MEMBER	1.00	X		0	0	0
CANDACE WIEST
MEMBER	1.00	X		0	0	0
DAN WITHERS
MEMBER	1.00	X		0	0	0
BRAD SMIDT
VP BUSINESS DEVELOPMENT	40.00			129270	0	18767	X
JOHN KRUEGER
VP BUSINESS DEVELOPMENT	40.00			107432	0	19908	X
JANET LABAR
CHIEF PERFORMANCE OFFICER	40.00			135930	0	17397	X
RUDY VETTER
SR VP BUSINESS DEVELOPMENT	40.00			161112	0	14081	X
CHRIS CAMACHO
EVP BUSINESS DEVELOPMENT	40.00			157162	0	16438	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1051459	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	115740	TotalOtherCompensation
Number Individuals GT100 K	8	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Fundraising Events	132675	FundraisingEvents
Government Grants	1883031	GovernmentGrants
All Other Contributions	2564500	AllOtherContributions
Noncash Contributions	57000	NoncashContributions
Total Contributions	4580206	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	41776	TotalRevenueColumn
Exclusion	$41,776	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	15700	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	132675	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	122924	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-107224	TotalRevenueColumn
Exclusion	-$107,224	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4514758	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	-$65,448	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	373708	Total
Program Services	149483	ProgramServices
Management And General	74742	ManagementAndGeneral
Fundraising	149483	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	2237076	Total
Program Services	1873562	ProgramServices
Management And General	288532	ManagementAndGeneral
Fundraising	74982	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	109272	Total
Program Services	84922	ProgramServices
Management And General	15486	ManagementAndGeneral
Fundraising	8864	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	335911	Total
Program Services	288306	ProgramServices
Management And General	37786	ManagementAndGeneral
Fundraising	9819	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	163133	Total
Program Services	140014	ProgramServices
Management And General	18350	ManagementAndGeneral
Fundraising	4769	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	1882	Total
Management And General	1882	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	16937	Total
Management And General	16937	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	40500	Total
Program Services	40500	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	169989	Total
Program Services	169989	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	114523	Total
Program Services	100043	ProgramServices
Management And General	14480	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	73946	Total
Program Services	73946	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	328106	Total
Program Services	307607	ProgramServices
Management And General	20499	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	188536	Total
Program Services	159878	ProgramServices
Management And General	28658	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	76919	Total
Program Services	76919	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	31129	Total
Program Services	22748	ProgramServices
Management And General	8381	ManagementAndGeneral

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
RESEARCH	117014	117014
OTHER EXPENSES	108996	65345	43651

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	4487577	Total
Program Services	3670276	ProgramServices
Management And General	569384	ManagementAndGeneral
Fundraising	247917	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	556455	BOY
EOY	507003	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1092393	BOY
EOY	1295270	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	144599	BOY
EOY	172383	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	13230	BOY
EOY	986	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	22504	BOY
EOY	57123	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	706624	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	656885	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	48941	BOY
EOY	49739	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	35	BOY
EOY	0	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1878157	BOY
EOY	2082504	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	429758	BOY
EOY	621203	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	7251	BOY
EOY	30000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	326963	BOY
EOY	289935	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	763972	BOY
EOY	941138	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	969586	BOY
EOY	968983	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	144599	BOY
EOY	172383	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1114185	BOY
EOY	1141366	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1878157	BOY
EOY	2082504	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	27181	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	4015075	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4440323	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	4220632	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	4269919	CurrentTaxYearMinus1Year
Current Tax Year	4580206	CurrentTaxYear
Total	21526155	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	4015075	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4440323	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	4220632	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	4269919	CurrentTaxYearMinus1Year
Current Tax Year	4580206	CurrentTaxYear
Total	21526155	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	909510	AmountsSubstContributorsTotal
Public Support Total170	20616645	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	46648	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	14215	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	8720	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	5732	CurrentTaxYearMinus1Year
Current Tax Year	41776	CurrentTaxYear
Total	117091	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	33475	CurrentTaxYearMinus1Year
Current Tax Year	15700	CurrentTaxYear
Total	49175	Total

Field	Value	IRS element (for citing)
Total Support	21692421	TotalSupport
Gross Receipts From Admissions Etc	226682	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.95040	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.95510	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170
General Explanation	SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENTS	GeneralExplanation

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule C IRS990ScheduleC

Total Direct Lobbying TotalDirectLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	40500	FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	40500	FilingOrganizationsTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	3629776	FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	3670276	FilingOrganizationsTotals

Lobbying Nontaxable LobbyingNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	333514	FilingOrganizationsTotals

Grassroots Nontaxable GrassrootsNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	83379	FilingOrganizationsTotals

Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus1	338173	CurrentYearMinus1
Current Year	333514	CurrentYear
Total	671687	Total

Field	Value	IRS element (for citing)
Lobbying Ceiling	$1,007,531	LobbyingCeilingAmount

Total Lobbying Expenditures2 TotalLobbyingExpenditures2

Field	Value	IRS element (for citing)
Current Year Minus1	64811	CurrentYearMinus1
Current Year	40500	CurrentYear
Total	105311	Total

Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus1	84543	CurrentYearMinus1
Current Year	83379	CurrentYear
Total	167922	Total

Field	Value	IRS element (for citing)
Grassroots Ceiling	$251,883	GrassrootsCeilingAmount

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	706624	OtherCostOrOtherBasis
Depreciation	656885	Depreciation
Book Value	49739	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	49739	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
DEFERRED RENT	$270,364
CAPITAL LEASE OBLIGATIONS	$19,571

Field	Value	IRS element (for citing)
Total Of Amounts	289935	TotalOfAmounts
Total Revenue	4514758	TotalRevenue
Total Expenses	4487577	TotalExpenses
Excess Or Deficit For Year	27181	ExcessOrDeficitForYear
Excess Or Deficit Per FS	27181	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	4670191	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	32509	DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990	32509	RevenueNotRptdF990
Revenue Subtotal	4637682	RevenueSubtotal
Other Revenues Not Included	-122924	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-122924	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	4514758	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	4643010	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	32509	DonatedServicesUseOfFacilities
Other Expenses Included	122924	OtherExpensesIncluded
Expenses Not Rptd F990	155433	ExpensesNotRptdF990
Expenses Subtotal	4487577	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	4487577	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	ExplanationExplanation
PART XII, LINE 4B - OTHER ADJUSTMENTS:	SPECIAL EVENTS EXPENSE OFFSET TO REVENUE -122,924.
PART XIII, LINE 2D - OTHER ADJUSTMENTS:	SPECIAL EVENTS EXPENSE OFFSET TO REVENUE 122,924.

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	ANNUAL DINNER	NameOfEvent1
Gross Receipts Event1	148375	GrossReceiptsEvent1
Charitable Contributions Event1	132675	CharitableContributionsEvent1
Gross Revenue Event1	15700	GrossRevenueEvent1
Food And Beverage Event1	77427	FoodAndBeverageEvent1
Entertainment Event1	10000	EntertainmentEvent1
Other Direct Expenses Event1	35497	OtherDirectExpensesEvent1
Gross Receipts Total	148375	GrossReceiptsTotal
Charitable Contributions Total	132675	CharitableContributionsTotal
Gross Revenue Total Events	15700	GrossRevenueTotalEvents
Food And Beverage Total Events	77427	FoodAndBeverageTotalEvents
Entertainment Total Events	10000	EntertainmentTotalEvents
Other Direct Expenses Total Events	35497	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	122924	DirectExpenseSummaryEvents
Net Income Summary	-107224	NetIncomeSummary

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
BARRY BROOME
287143	0	69115	0	4295	0	14700	0	14449	0	389702	0	0	0
JANET LABAR
117300	0	18630	0	0	0	7038	0	10359	0	153327	0	0	0
RUDY VETTER
142800	0	18312	0	0	0	0	0	14081	0	175193	0	0	0
CHRIS CAMACHO
139000	0	17856	0	306	0	8340	0	8098	0	173600	0	0	0

Schedule M IRS990ScheduleM

Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	AIRLINE VOUCHERS	2	50000	MARKET
X	OFFICE SUPPLIES	1	7000	MARKET

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	1	ReviewProcessUnusualNCGifts
Third Parties Used	0	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReference	ExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11	THE CFO WILL REVIEW THE PREPARED FORM 990. THE AUDIT COMMITTEE WILL REVIEW AND RECOMMEND APPROVAL FOR FILING TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE WILL REVIEW AND APPROVE BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12C	THE BOARD MEMBERS ARE REQUIRED TO UPDATE THE CONFLICT OF INTEREST STATEMENT ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15	COMPETITIVE DATA FROM LIKE ORGANIZATIONS IS OBTAINED AND REVIEWED. IN ADDITION TO BASE SALARY AND PERQUISITES, BONUS PERFORMANCE CRITERIA IS ESTABLISHED AND REVIEWED DURING AND AT THE END OF EACH YEAR. THE PERFORMANCE AND EXECUTIVE COMMITTEES APPROVE THE CEO COMPENSATION EACH YEAR. THE PROCESS IS SIMILAR FOR SENIOR MANAGMENT. ALL COMPENSATION AND BONUSES ARE APPROVED BY THE EXECUTIVE COMMITTEE.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990; PART XII; LINE 2C	GREATER PHOENIX ECONOMIC COUNCIL HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED DURING THE FILING YEAR.