Greater Phoenix Chamber Foundation

Nonprofit profile at a glance

EIN
811367313
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-N 2015
Location
Phoenix, AZ, USA
Phone
6024952195
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$5,997,234
Expenses
$5,058,233
Assets
$3,568,397
Liabilities
$775,612

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • TODD SANDERS (PRESIDENT & CEO)

Highest reported compensation

  • TODD SANDERS (PRESIDENT & CEO): $449,111 total reported compensation
  • JENNIFER MELLOR (CHIEF INNOVATION OFFICER): $218,703 total reported compensation
  • MICHAEL HUCKINS (SR. VP OF PUBLIC AFFAIRS & IT OP.): $161,322 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Greater phoenix chamber foundation (gpcf), a 501c3 launched in 2016, leads the charitable and education initiatives of the greater phoenix chamber under the four pillars of education, workforce development, wellness, and research. The foundation helps to make Arizona and the greater phoenix region known as destinations for healthy talent and healthy communities through our workplace wellness efforts and published data-driven research used to inform policymakers, business leaders, and the public. Through strong alignment between education, business, and community, the foundation prepares individuals for college and career and serves as an intermediary to convey workforce needs and champion scalable workforce solutions, serving upwards of 400,000 arizonans annually.

What it reported doing in 2024

Workforce development: connect to work az's primary objective is to assist unemployed and underemployed adults in the greater phoenix region in obtaining jobs in healthcare and financial services. Connect to work az aims to create clear pathways in these critical sectors, helping unemployed and underemployed adults enter stable careers with potential for advancement. This initiative offers low-income individuals opportunities for economic mobility while addressing industry demands for talent, building a stronger, more equitable workforce.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 65
  • Accountability: 91
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.1%; rating input score 80
  • Program expense ratio: 94.9%; rating input score 95
  • Fundraising efficiency: $82.3 raised per $1 spent on fundraising; rating input score 84; 84th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 15.7%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0.71; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 10.5%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 28.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 25.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 19.9% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 80.1% of revenue deployed · 94.9% of spending went to programs
  • Governance: 10 of 10 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $4.8M in reported program spending
  • Leadership: top reported pay $449K · 18 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $337K reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.