Nonprofit · EIN 86-6057318
CITY OF SCOTTSDALE MUNICIPAL PROPERTY CORP
Tax-exempt · SCOTTSDALE, AZ 85251
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $48,370,593 | $124,153,237 | -$75,782,644 | $536,265,381 | $491,469,603 | $44,795,778 |
| June 30, 2024 | 990 | $49,014,828 | $49,014,828 | $0 | $407,112,054 | $407,112,054 | $0 |
| June 30, 2023 | 990 | $48,575,000 | $48,751,199 | -$176,199 | $443,328,975 | $443,328,975 | $0 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $48,126,294
- Investment income
- $244,158
- Other revenue
- $141
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $124,153,237
Balance sheet and other
- Total assets, start of year
- $407,112,054
- Total assets, end of year
- $536,265,381
- Total liabilities, end of year
- $491,469,603
- Net assets, end of year
- $44,795,778
- Gross receipts
- $48,370,593
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1967
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID SMITH | PRESIDENT Trustee or director, Officer | 0 | $0 |
| JOHN ARNOLD | VICE-PRESIDENT Trustee or director, Officer | 0 | $0 |
| KENNETH HARDER | TREASURER Trustee or director, Officer | 0 | $0 |
| FRED SOCOLOFF | MEMBER Trustee or director | 0 | $0 |
| DENNIS ROBBINS | SECRETARY Trustee or director, Officer | 0 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID SMITH | SECRETARY Trustee or director, Officer | 0 | $0 |
| JOHN ARNOLD | TREASURER Trustee or director, Officer | 0 | $0 |
| KENNETH HARDER | PRESIDENT Trustee or director, Officer | 0 | $0 |
| JUDITH FROST | VICE-PRESIDENT Trustee or director, Officer | 0 | $0 |
| DENNIS ROBBINS | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENNIS ROBBINS | PRESIDENT Trustee or director, Officer | 0 | $0 |
| KENNETH R HARDER | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| DAVID SMITH | TREASURER Trustee or director, Officer | 0 | $0 |
| JUDITH FROST | SECRETARY Trustee or director, Officer | 0 | $0 |
| JOHN ARNOLD | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 7447 E INDIAN SCHOOL RD 210, SCOTTSDALE, AZ 85251-3915
- In care of
- % JOHN C WESLEY
- Principal officer (990 for 2024)
- JOHN ARNOLD, 7447 E INDIAN SCHOOL RD 210, SCOTTSDALE, AZ 85251
- Signed the 990
- JOHN ARNOLD, PRESIDENT
- Phone
- (480) 312-2437
- Return prepared by
- HEINFELD MEECH & CO PC
Mission
THE CORPORATION EXISTS SOLELY TO FINANCE CAPITAL PROJECTS FOR THE CITY OF SCOTTSDALE, AZ.
Program accomplishments
- THE CORPORATION EXISTS SOLELY TO FINANCE CAPITAL PROJECTS FOR THE CITY OF SCOTTSDALE, AZ. ALL EXPENSES WERE FOR DEBT SERVICE PRINCIPAL AND INTEREST, BOND ADMINISTRATION FEES AND CHARGES, AND CAPITAL IMPROVEMENTS.Expenses $124,153,237 · revenue $48,370,593
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 86-6057318
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible (Pub 78)
- Organization other than a public charity or private foundation
- Exempt since
- 1967
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $536,265,381
- Income (IRS master file)
- $48,370,593
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $48,370,593 | $124,153,237 | $536,265,381 | XML |
| 990 | June 2024 | $49,014,828 | $49,014,828 | $407,112,054 | XML |
| 990 | June 2023 | $48,575,000 | $48,751,199 | $443,328,975 | XML |
| 990 | June 2022 | $48,828,086 | $50,166,371 | $479,997,584 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 86-6057318).
Questions about CITY OF SCOTTSDALE MUNICIPAL PROPERTY CORP
- What is the EIN of CITY OF SCOTTSDALE MUNICIPAL PROPERTY CORP?
- The employer identification number (EIN) of CITY OF SCOTTSDALE MUNICIPAL PROPERTY CORP is 86-6057318.
- Is CITY OF SCOTTSDALE MUNICIPAL PROPERTY CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1967.
- Are donations to CITY OF SCOTTSDALE MUNICIPAL PROPERTY CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Organization other than a public charity or private foundation).
- Which annual return does CITY OF SCOTTSDALE MUNICIPAL PROPERTY CORP 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 CITY OF SCOTTSDALE MUNICIPAL PROPERTY CORP due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CITY OF SCOTTSDALE MUNICIPAL PROPERTY CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CITY OF SCOTTSDALE MUNICIPAL PROPERTY CORP?
- The 990 for the year ended June 30, 2025 names JOHN ARNOLD.
- Who are the officers and directors of CITY OF SCOTTSDALE MUNICIPAL PROPERTY CORP?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does CITY OF SCOTTSDALE MUNICIPAL PROPERTY CORP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $48,370,593, expenses of $124,153,237 and total assets of $536,265,381 at year end.
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