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Nonprofit · EIN 86-0598979

VALLEY PARTNERSHIP A NONPROFIT CORPORATION

Tax-exempt · PHOENIX, AZ 85028

Financials

$798K$736K2023$1.1M$1M2024
Revenue Expenses · by fiscal year end
Financials of VALLEY PARTNERSHIP A NONPROFIT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,092,831$1,033,323$59,508$1,035,091$214,114$820,977
December 31, 2023990$797,853$736,472$61,381$838,758$77,289$761,469
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$808,525
Membership dues
$110,925
Program service revenue
$127,160
Investment income
$45,764
Net income from fundraising events
$111,382
Other revenue
$111,382

Expenses

Grants and similar amounts paid
$2,500
Compensation of officers, directors and key employees
$257,000
Other salaries and wages
$101,550
Salaries, compensation and benefits (total)
$396,713
Professional fundraising fees
$0
Legal fees
$7,500
Accounting fees
$15,125
Occupancy
$27,813

Balance sheet and other

Total assets, start of year
$838,758
Total assets, end of year
$1,035,091
Total liabilities, end of year
$214,114
Net assets, end of year
$820,977
Net assets without donor restrictions
$820,977
Gross receipts
$1,362,021
Employees
2
Volunteers
200
Year formed
1987
State of legal domicile
AZ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CLARK PRINCELLPresident & CEO
Trustee or director, Officer
40$257,000$11,250
ELIZABETH BERRYDirector
Trustee or director
0$0$0
ROB BASSETTChairman
Trustee or director, Officer
2$0$0
NICOLE MAASVICE CHAIRMAN
Trustee or director, Officer
1$0$0
NIC FISCHERTreasurer
Trustee or director, Officer
1$0$0
TIM BRISLINPAST CHAIR
Trustee or director, Officer
4$0$0
TAYLOR ALVEYDirector
Trustee or director
0$0$0
BENJAMIN BUTLERDirector
Trustee or director
0$0$0
CHUCK CAREFOOTSecretary
Trustee or director
0$0$0
DAN KELLYDirector
Trustee or director
0$0$0
JUSTIN GRAHAMDirector
Trustee or director
0$0$0
CHRIS GROGANDirector
Trustee or director
0$0$0
KATE KAMINSKIDirector
Trustee or director
0$0$0
ERICA VESTERDirector
Trustee or director
0$0$0
HUMPHREY SHINDirector
Trustee or director
0$0$0
5 more people on this return
NameTitleHours / weekCompensation
JUSTIN STELTENPOHLDirector
Trustee or director
0$0
ROB TAYLORDirector
Trustee or director
0$0
CATHY TEETERDirector
Trustee or director
0$0
GREG VOGELDirector
Trustee or director
0$0
TODD WEISSDirector
Trustee or director
0$0
990 for the year ended December 31, 2023: 26 people
NameTitleHours / weekCompensation
CHERYL LOMBARDPRESIDENT/CEO40$140,833
CLARK PRINCELLPRESIDENT/CEO40$105,625
LAURA ORTIZChairman
Trustee or director, Officer
4$0
ROB BASSETTVICE CHAIR
Trustee or director, Officer
2$0
NICOLE MAASTreasurer
Trustee or director, Officer
1$0
NIC FISCHERSecretary
Trustee or director, Officer
1$0
TIM BRISLINPAST CHAIR
Trustee or director, Officer
1$0
TAYLOR ALVEYDirector
Trustee or director
0$0
BENJAMIN BUTLERDirector
Trustee or director
0$0
CHUCK CAREFOOTDirector
Trustee or director
0$0
BENJAMIN GRAFFDirector
Trustee or director
0$0
DAN KELLYDirector
Trustee or director
0$0
GREG ABRAMSDirector
Trustee or director
0$0
HEATH MELTONDirector
Trustee or director
0$0
JEFF MOLOZNIKDirector
Trustee or director
0$0
CARL PERRONEDirector
Trustee or director
0$0
LARRY POBUDADirector
Trustee or director
0$0
HUMPHREY SHINDirector
Trustee or director
0$0
JUSTIN STELTENPOHLDirector
Trustee or director
0$0
ROB TAYLORDirector
Trustee or director
0$0
CATHY TEETERDirector
Trustee or director
0$0
GREG VOGELDirector
Trustee or director
0$0
JOEL WAGEDirector
Trustee or director
0$0
TODD WEISSDirector
Trustee or director
0$0
JIM KENNYDirector
Trustee or director
0$0
BOB BAMBAUERDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
11801 N TATUM BLVD STE 224, PHOENIX, AZ 85028-1636
Principal officer (990 for 2024)
CLARK PRINCELL, 11801 N TATUM BLVD 224, PHOENIX, AZ 85028
Signed the 990
CLARK PRINCELL, President & CEO
Phone
(602) 266-7844
Return prepared by
RANDY C KIESEL CPA PC

Mission

Valley Partnership Advocates Responsible Development. Representing the commercial, industrial & master planned real estate development industry, We present a balanced, pro-development perspective & the Valleys best industry education & networking opportunities.

990 for the year ended December 31, 2024

Program accomplishments

  • Hosted more than 2,000 real estate professionals at our Monthly Friday Morning Breakfasts, Sponsor Events, Annual Spring Training Game, and Golf Tournament.
  • LEGISLATIVE COMMITTEE DISCUSSES AND ADVISES ON LEGISLATION THAT AFFECTS THE REALESTATE INDUSTRY AND EDUCATES AND INFORMS OUR MEMBERS OF OUR ACTIVITIES.PASSED STATE LEGISLATION REGARDING DROUGHT CONTINGENCY PLAN (DCP) FOR THE STATE.PROTECTED GPLET AS AN AVAILABLE TOOL AND ENHANCE ABILITY TO ESTABLISH CFDS INARIZONA. CONSISTENT APPLICATION OF IMPACT FEES, SUPPORTED FUNDING OF THE HIGHWAYUSER REVENUE FUND EXCHANGE PROGRAM (HURF) IN STATE BUDGETS, ANDENCOURAGED OUR MEMBERSHIP TO SUPPORT IN SOCIAL MEDIA AND OTHER MEMBERSHIP TOOLS.
  • REPRESENTED THE COMMERCIAL REAL ESTATE INDUSTRY BY HOLDING REGULAR MEETINGS OF THE CITY/COUNTY COMMITTEE TO FACILITATE AN EXCHANGE OF INFORMATION BETWEEN CITY EMPLOYEES & MEMBERS.
  • ORGANIZED OUR ANNUAL COMMUNITY PROJECT WHERE MEMBERS CONTRIBUTED TIME, MONEY, EQUIPMENT AND EXPERTISE TO DEVELOP THE HOUSE OF REFUGE.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-0598979
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,035,091
Income (IRS master file)
$1,362,021

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,092,831$1,033,323$1,035,091IRS
990December 2023$797,853$736,472$838,758XML
990December 2022$824,194$811,463$989,737IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-0598979).

Questions about VALLEY PARTNERSHIP A NONPROFIT CORPORATION

What is the EIN of VALLEY PARTNERSHIP A NONPROFIT CORPORATION?
The employer identification number (EIN) of VALLEY PARTNERSHIP A NONPROFIT CORPORATION is 86-0598979.
Is VALLEY PARTNERSHIP A NONPROFIT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1989.
Are donations to VALLEY PARTNERSHIP A NONPROFIT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VALLEY PARTNERSHIP A NONPROFIT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VALLEY PARTNERSHIP A NONPROFIT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VALLEY PARTNERSHIP A NONPROFIT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of VALLEY PARTNERSHIP A NONPROFIT CORPORATION?
The 990 for the year ended December 31, 2024 names CLARK PRINCELL.
Who are the officers and directors of VALLEY PARTNERSHIP A NONPROFIT CORPORATION?
The 990 for the year ended December 31, 2024 lists 20 people; 1 received compensation from the organization, the highest $257,000 (CLARK PRINCELL, President & CEO).
How much revenue does VALLEY PARTNERSHIP A NONPROFIT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,092,831, expenses of $1,033,323 and total assets of $1,035,091 at year end.

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