Overview
What is Local First Arizona Foundation?
The Local First Arizona Foundation is a statewide organization dedicated to fostering a vibrant, inclusive, and sustainable Arizona economy. Their mission involves building equitable systems for local businesses and communities, with a primary focus on supporting entrepreneurship, particularly in low-income or under-resourced communities. In 2022, they offered one-on-one consulting to over 2,900 small and under-resourced businesses. Additionally, they run programs like Fuerza Local Business Accelerator and Executive Leadership, which graduated 105 Spanish-preferred business owners and 25 Black business owners. The foundation provides community and economic development programs and support to people, businesses, and neighborhoods across Arizona, aiming to resource under-served communities in rural and urban settings.
Official website here: www.localfirstazfoundation.org/
Is Local First Arizona Foundation legitimate?
Local First Arizona Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local First Arizona Foundation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $145,609
Professional Fundraising Fees: $2,640
Other Salaries and Wages: $2,505,870
For more financial information, click here
Official website here: www.localfirstazfoundation.org/
What is the mission statement of Local First Arizona Foundation?
The Local First Arizona Foundation is a statewide organization dedicated to fostering a more diverse, inclusive, and self-reliant economy across communities of varying sizes. Their mission involves developing innovative programs that channel resources into under-served communities, both rural and urban, thereby improving Arizona's economic future. The foundation aims to establish equitable systems for local businesses and communities, ultimately contributing to a vibrant, inclusive, and sustainable Arizona economy. Their small business programs are designed to encourage entrepreneurship, with a focus on supporting entrepreneurship in low-income or under-resourced communities. In 2022, they provided one-on-one consulting to 2,900 small and under-resourced businesses. Furthermore, their Fuerza Local Business Accelerator and Executive Leadership programs graduated 105 Spanish-preferred business owners from various areas, while their We Rise program provided educational tools and mentorship to 25 Black business owners.
Official website here: www.localfirstazfoundation.org/
Who is the CEO of Local First Arizona Foundation?
Kimber Lanning is the Executive Director of Local First Arizona Foundation.
Official website here: www.localfirstazfoundation.org/
What is the revenue of Local First Arizona Foundation?
Local First Arizona Foundation's revenue in 2022 was $6,889,263.
Official website here: www.localfirstazfoundation.org/
Who are the executives of Local First Arizona Foundation and what are their salaries?
The average compensation at Local First Arizona Foundation during 2022 was $46,517. There are 57 employees and 125 volunteers at Local First Arizona Foundation.
Here are 15 key members and their salaries:
- Kimber Lanning (Executive Director)
- Amy Bird (Chair) [Trustee/Director]
- Kerwin Brown (Vice Chair) [Trustee/Director]
- Mario Aniles (Treasurer) [Trustee/Director]
- Elizabeth Goodman (Secretary) [Trustee/Director]
- Cymone Bolding (Director)
- Jon Ford (Director)
- Evelyn Casuga (Director)
- Kelly Daly (Director)
- Cherie Rankin (Director)
- Raphael Tapia (Director)
- Jonae Harrison (Direct From 09/2022) [Trustee/Director]
- Kevin Youngblood (Director Thru 11/2022)
- Will Mandeville (Director Thru 07/2022)
- Robin Romano (Director Thru 07/2022)
Official website here: www.localfirstazfoundation.org/
Where can I find the form 990 for Local First Arizona Foundation?
The Local First Arizona Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.localfirstazfoundation.org/
Learn more at the official website: www.localfirstazfoundation.org/
Mission Statement of Local First Arizona Foundation
Local First Arizona Foundation, a statewide organization, is dedicated to fostering a more diverse, inclusive, and self-reliant economy across Arizona's communities of all sizes. The foundation achieves this goal by developing innovative programs that direct resources into under-served communities, both rural and urban. These initiatives aim to improve Arizona's economic future, with a particular focus on nurturing entrepreneurship in low-income or under-resourced communities.
In pursuit of this mission, Local First Arizona Foundation provides support to local businesses and communities. Their small business programs are designed to foster entrepreneurship, offering resources and assistance to both aspiring entrepreneurs and established, independently owned businesses. In 2022 alone, they offered one-on-one consulting to over 2,900 small and under-resourced businesses.
The foundation also runs specialized programs to support specific groups. For instance, the Fuerza Local Business Accelerator and Executive Leadership Programs graduated 105 Spanish-preferred business owners from the Greater Phoenix area, Sedona, and Cottonwood, Arizona. Similarly, their WE RISE program provided educational tools and mentorship to 25 Black business owners, helping them strengthen and grow their operations.
In summary, Local First Arizona Foundation is committed to building equitable systems for Arizona's local businesses and communities. Their mission is to cultivate a vibrant, inclusive, and sustainable Arizona economy, providing resources and support to entrepreneurs and existing businesses alike, with a focus on under-resourced communities.
Impact
This information is meant to be a general summary of Local First Arizona Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Local First Arizona Foundation's impact is significant and far-reaching. By providing community and economic development programs and support to the people, businesses, and neighborhoods of communities throughout Arizona, they are actively working to build equitable systems for local businesses and communities. Their small business programs are designed to incubate, accelerate, and celebrate entrepreneurship, with a particular focus on developing entrepreneurship in low-income or under-resourced communities.
In 2022 alone, Local First Arizona Foundation provided one-on-one consulting to 2,900 small and under-resourced businesses, offering valuable support and guidance for those seeking opportunities to strengthen and grow their operations. Additionally, their Fuerte Local Business Accelerator and Executive Leadership programs have successfully graduated 105 Spanish-preferred owners from various regions in Arizona, along with 25 Black business owners through their We Rise program, providing educational tools and mentorship to help them thrive in their respective industries.
By driving resources into under-served communities in both rural and urban settings, Local First Arizona Foundation is actively contributing to the development of a more diverse, inclusive, and self-reliant economy for communities of all sizes in Arizona. Through their innovative programs and initiatives, they are making a tangible difference in improving the economic future of the state and driving forward positive change for local businesses and communities.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE
Revenue
$1,240,874
PROGRAM SPONSORSHIPS
Revenue
$221,128
PROGRAM EVENT INCOME
Revenue
$187,362
Organization Details
Founding Year
2007
Phone
(602) 956-0909
Principal Officer
Kimber Lanning
Main Address
407 E ROOSEVELT STREET, PHOENIX, AZ, 85004
NTEE Category
Code: S31 - Community improvement
If you are a representative of Local First Arizona Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.