2024-03-04T16:51:11-06:00 2023-06-30 480573184 REGIER CARR & MONROE LLP CPA'S 4801 E BROADWAY BLVD SUITE 501 TUCSON AZ 85711 990 2022-07-01 202430213 SUN CORRIDOR INC SUNC 5202431900 1985 EAST RIVER ROAD SUITE 101 TUCSON AZ 85718 ANGELA KISH SENIOR VP OF FINANCE/CFO 5202431900 2024-02-07 1 ANGELA KISH 999009999 0 SUSAN M VOS CPACFE P01709931 5206248229 2024-02-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSEPH SNELL 1985 EAST RIVER ROAD SUITE 101 TUCSON AZ 85718 2649587 0 X WWW.SUNCORRIDORINC.COM/ X 2005 AZ THE PURPOSE OF THE ORGANIZATION IS TO SUPPORT THE CREATION OF NEW BUSINESSES, THE RETENTION AND EXPANSION OF EXISTING BUSINESSES WITHIN THE REGION, AND THE ATTRACTION OF COMPANIES THAT OFFER HIGH VALUE JOBS AND SHARE THE COMMUNITY'S VALUES. 12 12 10 72 0 0 918241 766771 1837889 1757028 1233 24577 12194 19316 2769557 2567692 0 0 0 0 1816180 1910059 0 0 0 726931 855342 2543111 2765401 226446 -197709 3382141 4063889 1375658 2255115 2006483 1808774 THE PURPOSE OF THE ORGANIZATION IS TO SUPPORT THE CREATION OF NEW BUSINESSES, THE RETENTION AND EXPANSION OF EXISTING BUSINESSES WITHIN THE REGION, AND THE ATTRACTION OF COMPANIES THAT OFFER HIGH VALUE JOBS AND SHARE THE COMMUNITY'S VALUES. 0 0 PROMOTE THE ECONOMIC DEVELOPMENT OF AND IMPROVE BUSINESS CONDITIONS IN THE SOUTHERN ARIZONA REGION FOR THE BENEFIT OF ALL RESIDENTS AND BUSINESSES. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 10 1 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANGELA KISH 5202431900 1985 EAST RIVER ROAD SUITE 101 TUCSON AZ 85718 DENNIS R MINANO EXECUTIVE COMMITTEE MEMBER 5.00 X 0 0 0 SHARON BRONSON EXECUTIVE COMMITTEE MEMBER 5.00 X 0 0 0 LEE LAMBERT EXECUTIVE COMMITTEE MEMBER 5.00 X 0 0 0 LISA LOVALLO EXECUTIVE COMMITTEE MEMBER 5.00 X 0 0 0 FLETCHER MCCUSKER EXECUTIVE COMMITTEE MEMBER 5.00 X 0 0 0 DAVE HUTCHENS EXECUTIVE COMMITTEE MEMBER 5.00 X 0 0 0 OMAR MIRELES EXECUTIVE COMMITTEE MEMBER 5.00 X 0 0 0 ROBERT ROBBINS EXECUTIVE COMMITTEE MEMBER 5.00 X 0 0 0 IAN MCDOWELL EXECUTIVE COMMITTEE MEMBER 5.00 X 0 0 0 SUSAN GRAY EXECUTIVE COMMITTEE MEMBER 5.00 X 0 0 0 JUDY RICH CHAIRMAN OF THE BOARD 5.00 X X 0 0 0 DAVID SMALLHOUSE SECRETARY/TREASURER 5.00 X X 0 0 0 JOSEPH SNELL PRESIDENT 40.00 X 550458 0 178570 MARY C CASPER CFO 40.00 X 185188 0 6708 DAVID WELSH EXECUTIVE VICE PRESIDENT 40.00 X 215653 0 7780 LAURA SHAW SENIOR VICE PRESIDENT 40.00 X 166387 0 6261 ANGELA KISH CONTROLLER 40.00 X 109130 0 3877 1226816 0 203196 6 0 1 0 0 650000 116771 766771 MEMBERSHIP DUES 900099 1461328 1461328 TAA 900099 175000 175000 OTHER PROGRAM SERVICE 900099 115700 115700 SITE SELECTOR GUILD 900099 5000 5000 1757028 24577 24577 101211 81895 19316 19316 2567692 1757028 0 43893 1398450 1398450 321580 321580 95232 95232 94797 94797 34032 34032 14287 14287 19348 19348 92660 92660 175900 175900 3406 3406 14667 14667 3551 3551 17378 17378 PUBLIC RELATIONS 206845 206845 BUSINESS DEVELOPMENT 171458 171458 INVESTOR RELATIONS 28796 28796 SPONSORSHIPS 18500 18500 54514 54514 2765401 2765401 0 0 1018319 816641 1963108 1837581 207342 308507 64560 69376 271361 266536 8376 4825 120436 1026959 3382141 4063889 568556 588995 700828 648167 106274 1017953 1375658 2255115 X 2006483 1808774 2006483 1808774 3382141 4063889 -197709 0 X X 0 1 X 1 0 42039 40961 1078 109543 105932 3611 119779 119643 136 4825 DEFERRED COMPENSATION PLAN 132149 DEPOSITS 14162 RIGHT OF USE ASSET 880648 1026959 DEFERRED COMPENSATION PLAN 132149 OPERATING LEASE 885804 1017953 X 2687494 37907 81895 119802 2567692 0 2567692 2885203 37907 81895 119802 2765401 0 2765401 PART X, LINE 2: BASED UPON INFORMATION SUPPLIED TO THE INTERNAL REVENUE SERVICE, THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. CERTAIN UNRELATED BUSINESS INCOME MAY BE SUBJECT TO INCOME TAX. THE ORGANIZATION HAS ADOPTED STANDARDS UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES THAT SET A "MORE LIKELY THAN NOT" CRITERION FOR RECOGNIZING TAX BENEFITS OF UNCERTAIN TAX POSITIONS, ESTABLISHES MEASUREMENT CRITERIA FOR TAX BENEFITS, AND ESTABLISHES CERTAIN DISCLOSURE REQUIREMENTS. THE ORGANIZATION BELIEVES THAT THEIR INCOME TAX FILING POSITIONS AND DEDUCTIONS WILL BE SUSTAINED UPON EXAMINATION AND, ACCORDINGLY, HAVE NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES DURING THE CURRENT FISCAL YEAR FOR UNCERTAIN INCOME TAX POSITIONS PURSUANT TO GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. INCOME TAX RELATED INTEREST AND PENALTIES, IF ANY, ARE REPORTED IN GENERAL AND ADMINISTRATIVE EXPENSES WHEN INCURRED. THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY INTEREST OR PENALTIES RELATED TO INCOME TAXES. NO INCOME TAX EXAMINATIONS ARE CURRENTLY UNDERWAY OR ANTICIPATED. THE STATUTE OF LIMITATIONS IS THREE YEARS FOR FEDERAL INCOME TAX PURPOSES AND FOUR YEARS FOR THE STATE OF ARIZONA. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 81,895. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 81,895. ANNUAL LUNCHEON 101211 101211 81895 101211 101211 81895 81895 19316 X X X X 0 1 0 JOSEPH SNELL PRESIDENT 381458 0 169000 0 0 0 177796 0 774 0 729028 0 0 0 DAVID WELSH EXECUTIVE VICE PRESIDENT 175653 0 40000 0 0 0 6592 0 1188 0 223433 0 0 0 MARY C CASPER CFO 140188 0 45000 0 0 0 5520 0 1188 0 191896 0 0 0 LAURA SHAW SENIOR VICE PRESIDENT 126387 0 40000 0 0 0 5487 0 774 0 172648 0 0 0 PART I, LINE 4B JOSEPH SNELL RECEIVED $168,646 OF 409A PAYMENTS FOR THE CALENDAR YEAR. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE COMPLETED FORM 990, WITH SUPPORTING SCHEDULES AND FOOTNOTES, WILL BE DISTRIBUTED TO THE EXECUTIVE/AUDIT COMMITTEE AND THE PRESIDENT/CEO. THE PRESIDENT WILL REVIEW THE FORM 990 WITH THE COMMITTEE. ANY CORRECTIONS OR CHANGES WILL BE NOTED AND ADDRESSED. COPIES OF THE COMPLETED FORM 990 WILL BE DISTRIBUTED TO THE EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL DURING A REGULAR MEETING OF THE COMMITTEE. ONCE APPROVED BY THE COMMITTEE, THE TAX PREPARER WILL PROCESS THE FILING OF THE FORM 990 USING E-FILE OR PAPER RETURN PROCEDURES. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND STAFF REVIEW THE POLICY ANNUALLY AND PROVIDE AN ANNUAL STATEMENT OF DISCLOSURE TO MAKE KNOWN ANY CONFLICTS WITH THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO ESTABLISHES GOALS & METRICS AND DETERMINES AN ASSOCIATED RATING SCALE. THE CEO/PRESIDENT APPLIES THE SCALE TO ACHIEVED RESULTS AND BASED ON THE OUTCOME, USES AN ESTABLISHED PAY SCALE TO DETERMINE MERIT INCREASE AND/OR BONUSES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART XI, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR SELECTING THE INDEPENDENT AUDITOR AND OVERSEEING THE AUDIT PROCESS. THERE IS NO CHANGE IN THE AUDIT COMMITTEE'S RESPONSIBILITY FOR OVERSEEING THE AUDIT FROM PRIOR YEAR.