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Nonprofit · EIN 86-0348306

ARIZONA COMMUNITY FOUNDATION

Tax-exempt · PHOENIX, AZ 85016

Financials

$122.7M$98M2022$95.2M$94.7M2023$202.5M$122M2024
Revenue Expenses · by fiscal year end
Financials of ARIZONA COMMUNITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$202,503,312$122,022,350$80,480,962$1,192,273,305$205,898,594$986,374,711
March 31, 2024990$95,243,334$94,743,125$500,209$1,113,813,609$189,446,098$924,367,511
March 31, 2023990$122,702,351$97,952,708$24,749,643$1,024,663,747$178,976,448$845,687,299
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$149,400,536
of which government grants
$284,344
Program service revenue
$3,198,110
Investment income
$49,642,515
Net rental income
$264,673
Net gain from sales of assets
$23,388,250
Net income from fundraising events
-$194,827
Net income from gaming
$4,780
Other revenue
$262,151

Expenses

Grants and similar amounts paid
$100,478,934
Compensation of officers, directors and key employees
$1,761,590
Other salaries and wages
$6,436,257
Salaries, compensation and benefits (total)
$9,831,712
Professional fundraising fees
$0
Legal fees
$145,444
Accounting fees
$267,630
Occupancy
$913,270
Travel
$49,842
Depreciation
$352,387
Program services (functional)
$110,633,483
Management and general (functional)
$7,873,915
Fundraising (functional)
$3,514,952

Balance sheet and other

Total assets, start of year
$1,113,813,609
Total assets, end of year
$1,192,273,305
Total liabilities, end of year
$205,898,594
Net assets, end of year
$986,374,711
Land, buildings and equipment
$478,454
Publicly traded securities
$591,413,295
Net assets without donor restrictions
$967,609,377
Net assets with donor restrictions
$18,765,334
Gross unrelated business income
$473,467
Gross receipts
$401,476,811
Employees
111
Volunteers
921
Year formed
1978
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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ANNA MARIA CHAVEZPRESIDENT & CEO
Trustee or director, Officer
45$572,500$21,708
ERIC NYSTROMCHIEF OPERATING OFFICER
Officer
45$350,379$29,221
KIMBERLY KURCHIEF DEVELOPMENT OFFICER
Key employee
45$276,728$29,940
MONICA BROWNCHIEF PEOPLE OFFICER
Key employee
45$240,063$6,751
KIM COVINGTONVP, STRATEGIC PARTNERSHIPS
Highest-paid employee
45$169,454$27,204
CASEY STEVENSVP, INVESTMENTS
Highest-paid employee
45$158,557$17,881
LORENZO CHAVEZ EXECUTIVEDIRECTOR, EDUCATION & SCHOLARSHIPS
Highest-paid employee
45$139,200$19,046
STEPHANIE HARRERVP, CONTROLLER
Highest-paid employee
45$147,065$8,866
JACOB SHELLINGERGENERAL COUNSEL
Highest-paid employee
45$138,140$10,057
LEEZIE KIMCHAIR
Trustee or director, Officer
1$0$0
CHARLEY FREERICKSVICE CHAIR
Trustee or director, Officer
1$0$0
RUFUS GLASPERTREASURER
Trustee or director, Officer
1$0$0
HEIDI JANNENGASECRETARY
Trustee or director, Officer
1$0$0
ROBBIN COULONIMMEDIATE PAST CHAIR
Trustee or director
1$0$0
JIM AMEDURIDIRECTOR
Trustee or director
1$0$0
23 more people on this return
NameTitleHours / weekCompensation
LON BABBYDIRECTOR
Trustee or director
1$0
STEVE BETTSDIRECTOR
Trustee or director
1$0
NOREEN BISHOPDIRECTOR
Trustee or director
1$0
MARK BOHNDIRECTOR
Trustee or director
1$0
DANNY BRYANTDIRECTOR
Trustee or director
1$0
PATRICIA DUARTEDIRECTOR
Trustee or director
1$0
XAVIER GUTIERREZDIRECTOR
Trustee or director
1$0
MICHELE HALYARDDIRECTOR
Trustee or director
1$0
LEONARDO LOODIRECTOR
Trustee or director
1$0
MARIANNE MAGODIRECTOR
Trustee or director
1$0
TAMMY MCLEODDIRECTOR
Trustee or director
1$0
ANN MELSHEIMERDIRECTOR
Trustee or director
1$0
MITCH MENCHACADIRECTOR
Trustee or director
1$0
JACOB MOOREDIRECTOR
Trustee or director
1$0
BETTINA NAVADIRECTOR
Trustee or director
1$0
MONICA NUVAMSADIRECTOR
Trustee or director
1$0
DON OPATRNYDIRECTOR
Trustee or director
1$0
ESSEN OTUDIRECTOR
Trustee or director
1$0
MI-AI PARRISHDIRECTOR
Trustee or director
1$0
EVE ROSSDIRECTOR
Trustee or director
1$0
DEANNA SALAZARDIRECTOR
Trustee or director
1$0
ANTHONY SHARETTDIRECTOR
Trustee or director
1$0
CURTISS SMITHDIRECTOR
Trustee or director
1$0
990 for the year ended March 31, 2024: 48 people
NameTitleHours / weekCompensationOther / benefits
ANNA MARIA CHAVEZPRESIDENT AND CEO
Trustee or director, Officer
45$473,078$924
KYLA QUINTEROCHIEF FINANCIAL OFFICER (THRU 12/11/23)
Officer
45$374,901$29,610
LISA DANCSOKCHIEF BRAND AND IMPACT OFF
Key employee
45$280,022$39,699
ERIC NYSTROMCHIEF OPERATING OFFICER
Officer
45$279,037$30,728
KIMBERLY KURCHIEF DEVELOPMENT OFFICER
Key employee
45$267,228$28,964
JAIME DEMPSEYSENIOR VICE PRESIDENT, PHILANTHROPY (THRU 3/25/24)
Key employee
45$224,805$23,310
LORA GOLKESENIOR DIRECTOR OF DEVELOPMENT (THRU 2/28/224)
Highest-paid employee
45$158,184$32,896
GLENN WIKECHIEF OF STAFF/SENIOR VICE (THRU 9/3/23)
Key employee
45$171,460$17,028
KIM COVINGTONVICE PRESIDENT, STRATEGIC PARTNERSHIPS
Highest-paid employee
45$163,760$23,963
JOSH KENZERVICE PRESIDENT, INFORMATION SYSTEMS
Highest-paid employee
45$155,575$29,311
CASEY STEVENSVICE PRESIDENT, INVESTMENT
Highest-paid employee
45$152,298$20,752
LORENZO CHAVEZEXECUTIVE DIRECTOR, EDUCATION & SCHOLARSHIPS
Highest-paid employee
45$134,000$16,786
KRISTIN MIHALJEVICSENIOR DIRECTOR, PLANNED GIVING & DONOR EXPERIENCE
Highest-paid employee
45$119,991$24,269
STEPHANIE HARRERVICE PRESIDENT, CONTROLLER
Highest-paid employee
45$124,439$7,898
MORGAN BISHOP FRASERVICE PRESIDENT, OPERATIONS
Highest-paid employee
45$115,979$7,805
BENITO ALMANZADIRECTOR (THRU 09/23)
Trustee or director
1$0$0
JIM AMEDURIDIRECTOR
Trustee or director
1$0$0
LON BABBYDIRECTOR
Trustee or director
1$0$0
STEVE BETTSDIRECTOR
Trustee or director
1$0$0
NOREEN BISHOPDIRECTOR
Trustee or director
1$0$0
MARK BOHNDIRECTOR
Trustee or director
1$0$0
DANNY BRYANTDIRECTOR
Trustee or director
1$0$0
GWEN CALHOUNDIRECTOR (THRU 01/24)
Trustee or director
1$0$0
PATRICIA DUARTEDIRECTOR
Trustee or director
1$0$0
XAVIER GUITERREZDIRECTOR
Trustee or director
1$0$0
MICHELE HALYARDDIRECTOR
Trustee or director
1$0$0
NEIL HILLERDIRECTOR (THRU 03/24)
Trustee or director
1$0$0
LEONARDO LOODIRECTOR
Trustee or director
1$0$0
MARIANNE MAGODIRECTOR
Trustee or director
1$0$0
TAMMY MCLEODDIRECTOR
Trustee or director
1$0$0
ANN MELSHEIMERDIRECTOR
Trustee or director
1$0$0
MITCH MENCHACADIRECTOR
Trustee or director
1$0$0
JACOB MOOREDIRECTOR
Trustee or director
1$0$0
RICHARD MORRISONDIRECTOR (THRU 03/24)
Trustee or director
1$0$0
MONICA NUVAMSADIRECTOR
Trustee or director
1$0$0
DON OPATRNYDIRECTOR
Trustee or director
1$0$0
ESSEN OTUDIRECTOR
Trustee or director
1$0$0
MI-AI PARRISHDIRECTOR
Trustee or director
1$0$0
ARMANDO ROMANDIRECTOR
Trustee or director
1$0$0
EVE ROSSDIRECTOR
Trustee or director
1$0$0
DEANNA SALAZARDIRECTOR
Trustee or director
1$0$0
ANTHONY SHARETTDIRECTOR
Trustee or director
1$0$0
CURTISS SMITHDIRECTOR
Trustee or director
1$0$0
ROBBIN COULONIMMEDIATE PAST CHAIR
Trustee or director
1$0$0
LEEZIE KIMCHAIR
Trustee or director, Officer
1$0$0
CHARLEY FREERICKSVICE CHAIR
Trustee or director, Officer
1$0$0
HEIDI JANNENGASECRETARY
Trustee or director, Officer
1$0$0
RUFUS GLASPERTREASURER
Trustee or director, Officer
1$0$0
990 for the year ended March 31, 2023: 42 people
NameTitleHours / weekCompensationOther / benefits
STEVE SELEZNOWPRESIDENT AND CEO (THRU 2/3/23)
Trustee or director, Officer
45$658,433$53,309
KYLA QUINTEROCHIEF FINANCIAL OFFICER
Officer
45$329,688$29,094
LISA URIASCHIEF PROGRAM & COMMUNITY
Key employee
45$283,998$23,641
ERIC NYSTROMCHIEF TECHNOLOGY OFFICER
Key employee
45$263,936$37,924
LISA DANCSOKCHIEF BRAND AND IMPACT OFF
Key employee
45$255,410$37,876
KIMBERLY KURCHIEF DEVELOPMENT OFFICER
Key employee
45$246,700$26,938
GLENN WIKECHIEF OF STAFF/SENIOR VICE
Key employee
45$213,937$22,430
JAIME DEMPSEYSENIOR VICE PRESIDENT, PHI
Highest-paid employee
45$191,153$16,642
LORA GOLKESENIOR DIRECTOR OF DEVELOP
Highest-paid employee
45$153,611$32,026
KIM COVINGTONVICE PRESIDENT, COMMUNITY
Highest-paid employee
45$158,243$21,298
CASEY STEVENSVICE PRESIDENT, INVESTMENTS
Highest-paid employee
45$145,479$18,431
ANNA MARIA CHAVEZPRESIDENT AND CEO
Officer
45$45,000$0
NEIL HILLERDIRECTOR
Trustee or director
1$0$0
GWEN CALHOUNDIRECTOR
Trustee or director
1$0$0
CHARLEY FREERICKSDIRECTOR
Trustee or director
1$0$0
ANN MELSHEIMERDIRECTOR
Trustee or director
1$0$0
JACOB MOOREDIRECTOR
Trustee or director
1$0$0
RICHARD MORRISONDIRECTOR
Trustee or director
1$0$0
JAVIER CARDENASDIRECTOR
Trustee or director
1$0$0
TAMMY MCLEODDIRECTOR
Trustee or director
1$0$0
BENITO ALMANZADIRECTOR
Trustee or director
1$0$0
TONY BOLAZINADIRECTOR
Trustee or director
1$0$0
MARK BOHNDIRECTOR
Trustee or director
1$0$0
LON BABBYDIRECTOR
Trustee or director
1$0$0
EVE ROSSDIRECTOR
Trustee or director
1$0$0
JIM AMEDURIDIRECTOR
Trustee or director
1$0$0
NOREEN BISHOPDIRECTOR
Trustee or director
1$0$0
MI-AI PARRISHDIRECTOR
Trustee or director
1$0$0
ESSEN OTUDIRECTOR
Trustee or director
1$0$0
DANNY BRYANTDIRECTOR
Trustee or director
1$0$0
MARIANNE MAGODIRECTOR
Trustee or director
1$0$0
PATRICIA DUARTEDIRECTOR
Trustee or director
1$0$0
DON OPATRNYDIRECTOR
Trustee or director
1$0$0
LEONARDO LOODIRECTOR
Trustee or director
1$0$0
XAVIER GUTIERREZDIRECTOR
Trustee or director
1$0$0
ARMANDO ROMANDIRECTOR
Trustee or director
1$0$0
ROBBIN COULONCHAIR
Trustee or director, Officer
1$0$0
LEEZIE KIMVICE CHAIR
Trustee or director, Officer
1$0$0
HEIDI JANNENGASECRETARY
Trustee or director, Officer
1$0$0
RUFUS GLASPERTREASURER
Trustee or director, Officer
1$0$0
MONICA NUVAMSADIRECTOR
Trustee or director
1$0$0
MITCH MENCHACADIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2201 E CAMELBACK RD NO 405B, PHOENIX, AZ 85016-3431
In care of
% PAUL VELASKI
Principal officer (990 for 2024)
ANNA MARIA CHAVEZ, 2201 E CAMELBACK ROAD 405B, PHOENIX, AZ 85016
Signed the 990
KARLA JONES, CFO
Phone
(602) 381-1400
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

TO LEAD, SERVE AND COLLABORATE TO MOBILIZE ENDURING PHILANTHROPY FOR A BETTER ARIZONA.

990 for the year ended March 31, 2025

Program accomplishments

  • IN THE TRADITION OF COMMUNITY FOUNDATIONS EVERYWHERE, EACH YEAR ACF AWARDS MILLIONS OF DOLLARS IN GRANTS/DISTRIBUTIONS TO NONPROFIT ORGANIZATIONS, GOVERNMENT AGENCIES AND EDUCATIONAL INSTITUTIONS. GRANTS COVER A WIDE RANGE OF FOCUS AREAS INCLUDING ARTS, CULTURE AND HUMANITIES; COMMUNITY, NEIGHBORHOOD AND ECONOMIC DEVELOPMENT; EDUCATION AND SCHOLARSHIPS; HEALTH AND HUMAN SERVICES; ENVIRONMENT AND SPECIES PROTECTION; LAW, JUSTICE AND PUBLIC SAFETY; AND SCIENTIFIC RESEARCH. WHILE MOST GRANTS ARE MADE IN ARIZONA TO SERVE LOCAL COMMUNITY NEEDS, GRANTS MAY BE MADE NATIONALLY AS WELL FOR THE BETTERMENT OF OUR NATION.
    Expenses $110,633,483 · grants $100,478,934 · revenue $3,198,110

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
86-0348306
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1981
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,192,273,305
Income (IRS master file)
$401,476,811

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$202,503,312$122,022,350$1,192,273,305XML
990-TMarch 2025–––IRS
990March 2024$95,243,334$94,743,125$1,113,813,609XML
990March 2023$122,702,351$97,952,708$1,024,663,747XML
990-TMarch 2023–––IRS
990March 2022$211,703,650$97,894,383$1,066,072,012IRS
990-TMarch 2022–––IRS
990March 2021–––IRS
990-TMarch 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 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 86-0348306).

Questions about ARIZONA COMMUNITY FOUNDATION

What is the EIN of ARIZONA COMMUNITY FOUNDATION?
The employer identification number (EIN) of ARIZONA COMMUNITY FOUNDATION is 86-0348306.
Is ARIZONA COMMUNITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to ARIZONA COMMUNITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ARIZONA COMMUNITY FOUNDATION 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 ARIZONA COMMUNITY FOUNDATION due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ARIZONA COMMUNITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of ARIZONA COMMUNITY FOUNDATION?
The 990 for the year ended March 31, 2025 names ANNA MARIA CHAVEZ.
Who are the officers and directors of ARIZONA COMMUNITY FOUNDATION?
The 990 for the year ended March 31, 2025 lists 38 people; 9 received compensation from the organization, the highest $572,500 (ANNA MARIA CHAVEZ, PRESIDENT & CEO).
How much revenue does ARIZONA COMMUNITY FOUNDATION have?
On its 990 for the year ended March 31, 2025 it reported revenue of $202,503,312, expenses of $122,022,350 and total assets of $1,192,273,305 at year end.

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