CHIEF EXECUTIVE OFFICER

2012-10-09T19:01:02-05:00 2012-06-30 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2011-07-01 860539979 GREATER PHOENIX ECONOMIC COUNCIL GREA 6022567700 TWO NORTH CENTRAL AVENUE NO 2500 PHOENIX AZ 850042389 BARRY BROOME CHIEF EXECUTIVE OFFICER 6022567700 2012-09-24 1 PHIL MCCOLLUM P00129716 6022662248 2011 2016-02-24 21:20:13Z BARRY BROOME TWO NORTH CENTRAL AVENUE NO 2500 PHOENIX AZ 850042389 4637682 0 X WWW.GPEC.ORG X 1989 AZ ATTRACTS QUALITY BUSINESSES AND ADVOCATES EFFORTS TO IMPROVE COMPETITIVENESS OF GREATER PHOENIX. 70 69 47 90 0 0 4269919 4580206 0 0 5732 41776 -91412 -107224 4184239 4514758 0 0 0 0 2983099 3219100 0 0 247917 1558228 1268477 4541327 4487577 -357088 27181 1878157 2082504 763972 941138 1114185 1141366 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. 0 0 3670276 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. 3670276 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 16 0 1 47 1 0 0 0 0 0 1 1 0 0 0 0 X 70 69 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 AZ X CONTROLLER 6022627700 2 N CENTRAL AVENUE STE 2500 PHOENIX AZ 85004 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 X 129270 0 18767 JOHN KRUEGER VP BUSINESS DEVELOPMENT 40.00 X 107432 0 19908 JANET LABAR CHIEF PERFORMANCE OFFICER 40.00 X 135930 0 17397 RUDY VETTER SR VP BUSINESS DEVELOPMENT 40.00 X 161112 0 14081 CHRIS CAMACHO EVP BUSINESS DEVELOPMENT 40.00 X 157162 0 16438 1051459 0 115740 8 0 1 0 0 132675 1883031 2564500 57000 4580206 41776 41776 15700 132675 122924 -107224 -107224 4514758 0 0 -65448 373708 149483 74742 149483 2237076 1873562 288532 74982 109272 84922 15486 8864 335911 288306 37786 9819 163133 140014 18350 4769 1882 1882 16937 16937 40500 40500 169989 169989 114523 100043 14480 73946 73946 328106 307607 20499 188536 159878 28658 76919 76919 31129 22748 8381 RESEARCH 117014 117014 OTHER EXPENSES 108996 65345 43651 4487577 3670276 569384 247917 556455 507003 1092393 1295270 144599 172383 13230 986 22504 57123 706624 656885 48941 49739 35 0 1878157 2082504 429758 621203 7251 30000 326963 289935 763972 941138 X 969586 968983 144599 172383 1114185 1141366 1878157 2082504 27181 0 X X 0 1 1 X 0 X 4015075 4440323 4220632 4269919 4580206 21526155 4015075 4440323 4220632 4269919 4580206 21526155 909510 20616645 46648 14215 8720 5732 41776 117091 33475 15700 49175 21692421 226682 0.95040 0.95510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENTS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40500 40500 3629776 3670276 333514 83379 0 0 338173 333514 671687 1007531 64811 40500 105311 84543 83379 167922 251883 706624 656885 49739 49739 DEFERRED RENT 270364 CAPITAL LEASE OBLIGATIONS 19571 289935 4514758 4487577 27181 27181 4670191 32509 32509 4637682 -122924 -122924 4514758 4643010 32509 122924 155433 4487577 0 4487577 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. ANNUAL DINNER 148375 132675 15700 77427 10000 35497 148375 132675 15700 77427 10000 35497 122924 -107224 X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 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 X AIRLINE VOUCHERS 2 50000 MARKET X OFFICE SUPPLIES 1 7000 MARKET 0 1 0 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.