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Arizona Regional Economic Development Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 860542973 ✦ Sierra vista, AZ ✦ Designated as a 501(c)(3)

Overview

What is Arizona Regional Economic Development Foundation?

The Arizona Regional Economic Development Foundation, located at 750 E Bartow DR STE 16, Sierra Vista, AZ 85635, is a nonprofit organization dedicated to boosting the regional economy. They accomplish this mission by focusing on industry recruitment, expansion, and development. They achieve this through various means, including offering consulting services, promoting special events, and leasing commercial facilities. One of their significant initiatives involves leasing buildings for economic development projects, which has led to the creation of over 800 jobs in Sierra Vista. The organization employs a team of 4 individuals to carry out these activities.


Official website here: www.aredf.org

Is Arizona Regional Economic Development Foundation legitimate?

Arizona Regional Economic Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arizona Regional Economic Development 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: $118,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,538

For more financial information, click here


Official website here: www.aredf.org

What is the mission statement of Arizona Regional Economic Development Foundation?

The Arizona Regional Economic Development Foundation's mission is centered around preserving and enhancing the regional economy. This is achieved through focused initiatives on attracting, expanding, and developing industries. The foundation accomplishes this mission by offering consulting services, promoting special events, and leasing commercial facilities. Their efforts have led to the creation of over 800 jobs in various sectors.


Official website here: www.aredf.org

Who is the CEO of Arizona Regional Economic Development Foundation?

Mignonne Hollis is the Executive Director of Arizona Regional Economic Development Foundation.


Official website here: www.aredf.org

What is the revenue of Arizona Regional Economic Development Foundation?

Arizona Regional Economic Development Foundation's revenue in 2022 was $808,902.


Official website here: www.aredf.org

Who are the executives of Arizona Regional Economic Development Foundation and what are their salaries?

The average compensation at Arizona Regional Economic Development Foundation during 2022 was $46,212. There are 4 employees at Arizona Regional Economic Development Foundation.

Here are 11 key members and their salaries:

    Gary Haymore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Brianna Hillier (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Craig Wilson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Curtis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Charley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Mueller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mignonne Hollis (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Heiser (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Melo (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheila Heidman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kirby Chapman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aredf.org

    Where can I find the form 990 for Arizona Regional Economic Development Foundation?

    The Arizona Regional Economic Development Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.aredf.org

    Learn more at the official website: www.aredf.org

    Mission Statement of Arizona Regional Economic Development Foundation

    The Arizona Regional Economic Development Foundation is dedicated to preserving and enhancing the regional economy. This nonprofit achieves its mission by focusing on initiatives aimed at recruiting, expanding, and developing industries. This is accomplished through the provision of consulting services, promoting special events, and leasing of commercial facilities. By undertaking these activities, the foundation contributes to the creation of employment opportunities. Notably, its efforts have resulted in the generation of over 800 jobs in Sierra Vista.

    Impact

    This information is meant to be a general summary of Arizona Regional Economic Development Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Arizona Regional Economic Development Foundation has had a significant impact on the regional economy, particularly in Sierra Vista, AZ. Through initiatives focused on industry recruitment, expansion, and development, the foundation has played a crucial role in creating over 800 jobs in Sierra Vista. By providing consulting services, promoting special events, and leasing commercial facilities, the foundation has successfully preserved and strengthened the local economy. Overall, their efforts have contributed to community improvement and economic growth in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $117,396
  • Program Service Revenue: $687,764
  • Gross Receipts: $1,985,949

    • Assets and Liabilities:
  • Total Assets: $6,683,944
  • Total Liabilities: $1,194,306
  • Net Assets: $5,489,638
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Commercial Bldg Leases

    Revenue

    $548,474

    Bartow Complex Rural Ca

    Revenue

    $35,848

    Innovation Center

    Revenue

    $31,114

    Tenant Printing & Other

    Revenue

    $565

    Public Relation Serv

    Revenue

    $71,763

    Organization Details

    Founding Year

    1985

    Principal Officer

    Mignonne Hollis

    Main Address

    750 E BARTOW DR STE 16, Sierra Vista, AZ, 856351833

    NTEE Category

    Code: S31Z - Community improvement

    If you are a representative of Arizona Regional Economic Development 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.