2025-08-14T16:19:46-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 5255 EAST WILLIAMS CIRCLE SUITE 5000 TUCSON AZ 85711 990 2023-10-01 455021995 GROWTH PARTNERS ARIZONA GROW 5203829218 5049 E BROADWAY BLVD 156 TUCSON AZ 85711 EVELYN CASUGA BOARD CHAIR 5203829218 2025-08-12 1 1 LISA N RYSSEL CPA P00643670 5207903500 2025-08-12 2023 2025-03-06 01:10:19Z EVELYN CASUGA 5049 E BROADWAY BLVD 156 TUCSON AZ 85711 1679763 0 X WWW.GROWTHPARTNERSAZ.ORG X 2012 AZ GROWTH PARTNERS ARIZONA IS A U.S. TREASURY DEPARTMENT- CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION WITH A MISSION TO PROVIDE ACCESSIBLE, FAIR, AND RESPONSIBLE LOANS AND SUPPORT TO ARIZONA NONPROFITS AND ECONOMICALLY UNDERSERVED SMALL BUSINESSES OUTSIDE THE ECONOMIC MAINSTREAM. 7 6 1 25 0 0 909450 1449350 100356 155240 29412 74827 0 346 1039218 1679763 0 46700 0 0 0 0 0 0 24451 594101 701121 594101 747821 445117 931942 4211150 5140316 2312905 2253467 1898245 2886849 X GROWTH PARTNERS ARIZONA IS A U.S. TREASURY DEPARTMENT- CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION WITH A MISSION TO PROVIDE ACCESSIBLE, FAIR, AND RESPONSIBLE LOANS AND SUPPORT TO ARIZONA NONPROFITS AND ECONOMICALLY UNDERSERVED SMALL BUSINESSES OUTSIDE THE ECONOMIC MAINSTREAM. 0 0 660486 46700 230413 GROWTH PARTNERS ARIZONA IS A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) THAT PROVIDES ACCESSIBLE, FAIR, AND RESPONSIBLE LOANS AND SUPPORT TO ARIZONA NONPROFITS AND ECONOMICALLY UNDERSERVED SMALL BUSINESSES OUTSIDE THE ECONOMIC MAINSTREAM. GPAZ ASSISTS NONPROFIT LEADERS AND SMALL BUSINESS OWNERS GAIN THE OPERATIONAL RESOURCES AND BUSINESS GUIDANCE THEY NEED TO IMPROVE THE LIVES AND ECONOMIC WELLBEING OF ARIZONA RESIDENTS. 660486 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 10 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X ANDRE WHITTINGTON 6024785568 5049 E BROADWAY BLVD SUITE 156 TUCSON AZ 85711 EVELYN CASUGA CHAIR 1.00 1.00 X X 0 800 0 GARY MOLENDA VICE CHAIR 1.00 40.00 X X 0 255471 70045 PEGGY HUTCHISON SECRETARY/TREASURER 1.00 0.00 X X 0 0 0 MAGDALENA VERDUGO DIRECTOR 1.00 0.00 X 0 0 0 ROXANNE VELIZ DIRECTOR 1.00 0.00 X 0 0 0 JUDY SCALISE DIRECTOR 1.00 1.00 X 0 1100 0 MIKE HAMMOND DIRECTOR 1.00 1.00 X 0 950 0 ANDRE T WHITTINGTON EXECUTIVE DIRECTOR 40.00 0.00 X 107524 0 14734 LESLI PINTOR FORMER EXECUTIVE DIRECTOR 0.00 0.00 X 1335 0 0 108859 258321 84779 1 0 1 0 0 1449350 1449350 LOAN INTEREST INCOME 900099 116075 116075 FEE INCOME 900099 39165 39165 155240 74827 74827 OTHER INCOME 525990 346 346 346 1679763 230413 0 0 25000 25000 21700 21700 314944 266042 24451 24451 18000 18000 3638 3638 54000 54000 11401 4806 6595 77595 77595 33930 33930 49381 49381 CONSULTING 100650 90450 10200 BAD DEBT EXPENSE 21948 21948 SERVICE FEE EXPENSE 15634 15634 747821 660486 62884 24451 668335 902304 2053102 1540433 13213 0 8520 13469 1467980 2484110 200000 4211150 5140316 39342 229125 2070000 1820000 203563 204342 2312905 2253467 X 1898245 2886849 1898245 2886849 4211150 5140316 X 931942 56662 X X 0 1 X 1 0 X X 1 ARIZONA CAPITAL SOURCE 860403989 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12 (G) (A): ARIZONA CAPITAL SOURCE (FKA BUSINESS DEVELOPMENT FINANCE CORPORATION) IS A 501(C)(4) ORGANIZATION. PART IV, SECTION A, LINE 3B: GROWTH PARTNERS ARIZONA REQUESTED AND WAS FURNISHED A COPY OF ARIZONA CAPITAL SOURCE'S (FKA BUSINESS DEVELOPMENT FINANCE CORPORATION'S) IRS DETERMINATION LETTER AND A COMPLETED PRO FORMA SCHEDULE A, PART III TO CONFIRM ARIZONA CAPITAL SOURCE QUALIFIED AS A 501(C)(4) ORGANIZATION AND SATISFIED THE SUPPORT TESTS APPLICABLE TO A SECTION 509(A)(2) ORGANIZATION FOR THE YEAR ENDED SEPTEMBER 30, 2024. PART IV, SECTION A, LINE 3C: GROWTH PARTNERS ARIZONA'S ASSETS ARE USED SOLELY FOR ITS INTENDED CHARITABLE PURPOSE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 NOTE PAYABLE TO ACS 200000 ACCOUNTS PAYABLE TO ACS 4342 204342 X PART X, LINE 2: ACS AND AFFILIATES ADOPTED THE PROVISIONS OF FASB ASC (ACCOUNTING STANDARDS CODIFICATION) NO. 740, ACCOUNTING FOR INCOME TAXES. AS A RESULT OF THE IMPLEMENTATION OF ASC NO. 740 REGARDING UNCERTAINTY IN INCOME TAXES, ACS AND AFFILIATES HAVE NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR UNRECOGNIZED TAX EXPENSE AS IT HAS NO KNOWN TAX POSITIONS THAT WOULD SUBJECT ACS AND AFFILIATES TO ANY MATERIAL INCOME TAX EXPOSURE. A RECONCILIATION OF BEGINNING AND ENDING AMOUNT OF UNRECOGNIZED TAX EXPENSE IS NOT INCLUDED, NOR IS THERE ANY INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX EXPENSE IN INTEREST EXPENSE AND PENALTIES IN EXPENSES AS THERE ARE NO UNRECOGNIZED TAX EXPENSES. 1 LOCAL FIRST ARIZONA 407 E ROOSEVELT STREET PHOENIX AZ 85004 261657951 501(C)(3) 10000 0 SMALL BUSINESS PITCH COMPETITION. MOONSHOT AZ 2225 N GEMINI DR8 SUITE 12 FLAGSTAFF AZ 86001 861019180 501(C)(3) 15000 0 SMALL BUSINESS PITCH COMPETITION 2 0 QUICKBOOKS FINANCIAL ASSISTANCE GRANT 18 21700 0 0 0 0 0 0 0 0 0 GARY MOLENDA VICE CHAIR 0 154014 0 7800 0 93657 0 11858 0 58187 0 325516 0 0 FORM 990, PART V, LINE 2B W-2 FILED BY ARIZONA CAPITAL SOURCE EIN: 86-0403989 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS AND EXECUTIVE STAFF REVIEW FORM 990 FOR ACCURACY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 12C "ENFORCEMENTS OF CONFLICTS POLICY" CONFLICTS OF INTEREST ARE RESOLVED BY THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS. NO OFFICERS RECEIVE ANY COMPENSATION. 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. FORM 990, PART XI, LINE 9: ADOPTION OF NEW ACCOUNTING STANDARD 56,662. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. ARIZONA CAPITAL SOURCE 5049 E BROADWAY BLVD SUITE 156 TUCSON AZ 85711 860403989 NON-PROFIT AZ 501(C)(4) 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 ARIZONA CAPITAL SOURCE E 200000 COST ARIZONA CAPITAL SOURCE M 26829 COST ARIZONA CAPITAL SOURCE O COST ARIZONA CAPITAL SOURCE P 226521 COST ARIZONA CAPITAL SOURCE D COST