Nonprofit · EIN 86-0403989
ARIZONA CAPITAL SOURCE
Tax-exempt · TUCSON, AZ 85711
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $5,194,192 | $4,421,412 | $772,780 | $21,946,788 | $6,368,698 | $15,578,090 |
| September 30, 2024 | 990 | $5,303,479 | $4,303,488 | $999,991 | $23,376,806 | $8,571,496 | $14,805,310 |
| September 30, 2023 | 990 | $4,460,265 | $4,455,308 | $4,957 | $19,838,061 | $6,217,277 | $13,620,784 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,702,366
- Investment income
- $491,826
- Net gain from sales of assets
- $196,135
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $661,724
- Other salaries and wages
- $1,713,278
- Salaries, compensation and benefits (total)
- $2,609,054
- Professional fundraising fees
- $0
- Legal fees
- $136,290
- Accounting fees
- $35,940
- Occupancy
- $89,427
- Travel
- $22,979
- Depreciation
- $6,864
- Program services (functional)
- $3,534,474
- Management and general (functional)
- $886,938
Balance sheet and other
- Total assets, start of year
- $23,376,806
- Total assets, end of year
- $21,946,788
- Total liabilities, end of year
- $6,368,698
- Net assets, end of year
- $15,578,090
- Land, buildings and equipment
- $15,307
- Net assets without donor restrictions
- $10,141,097
- Net assets with donor restrictions
- $5,436,993
- Gross receipts
- $7,326,833
- Employees
- 19
- Volunteers
- 12
- Year formed
- 1979
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GARY MOLENDA | PRESIDENT Officer | 40 | $323,033 | $59,277 |
| GABRIEL GOMEZ | EXECUTIVE VICE PRESIDENT Officer | 40 | $193,085 | $42,850 |
| ROSS KOHL | VP RELATIONSHIP MGR Highest-paid employee | 40 | $147,309 | $67,090 |
| LORI SIMMONS | SR BUSINESS RELATIONSHIP MGR Highest-paid employee | 40 | $158,262 | $25,733 |
| BRENT SMITH | VP CREDIT MANAGER Highest-paid employee | 40 | $148,865 | $6,435 |
| JESSICA GAUFF | CLOSING OFFICER Highest-paid employee | 40 | $108,368 | $41,452 |
| ANTHONY MARTINEZ | VP BUSINESS RELATIONSHIP MGR Highest-paid employee | 40 | $115,872 | $3,052 |
| BENJAMIN DANNER | CHAIR Institutional trustee | 1 | $500 | $0 |
| SEAN MURRAY | VICE CHAIR Institutional trustee | 1 | $500 | $0 |
| MARK JEBELIAN | TREASURER Institutional trustee | 1 | $500 | $0 |
| MICHAEL HAMMOND | DIRECOR Institutional trustee | 1 | $500 | $0 |
| JOHN MOOTHART | DIRECTOR Institutional trustee | 1 | $500 | $0 |
| KENDALL BERT | DIRECTOR Institutional trustee | 1 | $500 | $0 |
| EVELYN CASUGA | DIRECTOR Institutional trustee | 1 | $500 | $0 |
| JUDIE SCALISE | DIRECTOR Institutional trustee | 1 | $500 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL WETNIGHT | DIRECTOR (THRU JAN 2025) Institutional trustee | 1 | $500 |
| JENNIFER ALAI | SECRETARY Institutional trustee | 1 | $350 |
| GILBERT DAVIDSON | DIRECTOR Institutional trustee | 1 | $350 |
| DAVID WELSH | DIRECTOR Institutional trustee | 1 | $350 |
| LAURIE SANDAU | DIRECTOR Institutional trustee | 1 | $300 |
| JEFFREY HAYS | DIRECTOR (THRU JAN 2025) Institutional trustee | 1 | $150 |
990 for the year ended September 30, 2024: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GARY MOLENDA | PRESIDENT Officer | 40 | $255,471 | $40,400 |
| TODD WHISLER | SR. VP MARKETING (THRU 10/23) Officer | 40 | $176,433 | $30,558 |
| GABRIEL GOMEZ | EXECUTIVE VP OPERATIONS Officer | 40 | $166,410 | $27,666 |
| ASHLEY HERKO-MAPES | VP RELATIONSHIP MGR (THRU 9/24) Highest-paid employee | 40 | $167,463 | $23,146 |
| LORI SIMMONS | VP RELATIONSHIP MGR Highest-paid employee | 40 | $155,331 | $16,432 |
| JENNIFER ROGERS | VP & CLOSING MGR (THRU 7/24) Highest-paid employee | 40 | $135,334 | $2,073 |
| BRENT SMITH | VP & CREDIT MGR Highest-paid employee | 40 | $119,799 | $10,936 |
| KENDALL BERT | DIRECTOR Trustee or director | 1 | $1,100 | $0 |
| JOHN MOOTHART | DIRECTOR Trustee or director | 1 | $1,100 | $0 |
| JUDY SCALISE | DIRECTOR Trustee or director | 1 | $1,100 | $0 |
| MICHAEL S HAMMOND | CHAIR Trustee or director, Officer | 1 | $950 | $0 |
| SEAN MURRAY | SECRETARY Trustee or director, Officer | 1 | $800 | $0 |
| EVELYN CASUGA | DIRECTOR Trustee or director | 1 | $800 | $0 |
| DAVID WELSH | DIRECTOR Trustee or director | 1 | $800 | $0 |
| NICK HUDEC | DIRECTOR Trustee or director | 1 | $650 | $0 |
| MICHAEL WETNIGHT | DIRECTOR Trustee or director | 1 | $650 | $0 |
| BENJAMIN DANNER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARK JEBELIAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER ALAI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GRANT BELTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GILBERT DAVIDSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY HAYS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAURIE SANDAU | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GARY MOLENDA | PRESIDENT Officer | 40 | $298,885 | $48,782 |
| GABRIEL GOMEZ | BUS. DEV. OFFICER Highest-paid employee | 40 | $201,267 | $28,750 |
| ELIZABETH MARIE GAMBLE | FORMER VP AND PORTFOL Former | 40 | $158,551 | $30,098 |
| ASHLEY HERKO-MAPES | VP RELATIONSHIP MGR Highest-paid employee | 40 | $160,938 | $16,668 |
| LORI SIMMONS | VP RELATIONSHIP MGR Highest-paid employee | 40 | $156,531 | $18,023 |
| BRENT SMITH | VP & CREDIT MGR Highest-paid employee | 40 | $122,538 | $33,971 |
| JONATHAN TEMPLE | FORMER VP RELATIONSHIP MGR Former | 40 | $115,032 | $20,941 |
| JENNIFER ROGERS | VP & CLOSING MGR Highest-paid employee | 40 | $122,099 | $11,935 |
| DAVID STAKE | SR. LOAN OFFICER Highest-paid employee | 40 | $122,709 | $9,131 |
| SEAN MURRAY | SECRETARY Trustee or director, Officer | 1 | $1,250 | $0 |
| JOHN MOOTHART | DIRECTOR Trustee or director | 1 | $1,250 | $0 |
| EVELYN CASUGA | DIRECTOR Trustee or director | 1 | $1,100 | $0 |
| DAVID WELSH | DIRECTOR Trustee or director | 1 | $1,100 | $0 |
| JUDY SCALISE | DIRECTOR Trustee or director | 1 | $1,100 | $0 |
| MICHAEL S HAMMOND | CHAIR Trustee or director, Officer | 1 | $950 | $0 |
| KENDALL BERT | DIRECTOR Trustee or director | 1 | $950 | $0 |
| GILBERT DAVIDSON | DIRECTOR Trustee or director | 1 | $950 | $0 |
| BENJAMIN DANNER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARK JEBELIAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER ALAI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GRANT BELTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY HAYS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NICK HUDEC | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAURIE SANDAU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL WETNIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5049 E BROADWAY BLVD STE 233, TUCSON, AZ 85711-3636
- Principal officer (990 for 2024)
- GARY MOLENDA, 5049 E BROADWAY BLVD STE 233, TUCSON, AZ 85711
- Signed the 990
- GARY MOLENDA, PRESIDENT
- Phone
- (602) 666-7650
- Website
- WWW.ARIZONACAPITALSOURCE.COM
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF THE ARIZONA ECONOMY.
Program accomplishments
- A. SBA 504 LENDING-PROVIDE AFFORDABLE LONG TERM FIXED ASSET FINANCING TO SMALL BUSINESSES TO PURCHASE OWNER OCCUPIED COMMERCIAL REAL ESTATE, OR MACHINERY AND EQUIPMENT.B. SBA COMMUNITY ADVANTAGE 7(A) LENDING- PROVIDE AFFORDABLE FINANCING TO SMALL BUSINESSES.C. ECONOMIC DEVELOPMENT CONSULTING-ASSIST OTHER NON PROFITS OR GOVERNMENTAL ENTITIES WITH PROJECTS THAT PROMOTE ECONOMIC DEVELOPMENT AND GROWTH.D. COMMUNITY LENDINGExpenses $3,534,474 · revenue $4,702,366
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 86-0403989
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1981
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $21,946,788
- Income (IRS master file)
- $7,326,833
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $5,194,192 | $4,421,412 | $21,946,788 | XML |
| 990 | September 2024 | $5,303,479 | $4,303,488 | $23,376,806 | XML |
| 990 | September 2023 | $4,460,265 | $4,455,308 | $19,838,061 | XML |
| 990 | September 2022 | $3,876,649 | $3,826,442 | $18,805,099 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 86-0403989).
Questions about ARIZONA CAPITAL SOURCE
- What is the EIN of ARIZONA CAPITAL SOURCE?
- The employer identification number (EIN) of ARIZONA CAPITAL SOURCE is 86-0403989.
- Is ARIZONA CAPITAL SOURCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1981.
- Are donations to ARIZONA CAPITAL SOURCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ARIZONA CAPITAL SOURCE 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 CAPITAL SOURCE due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARIZONA CAPITAL SOURCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of ARIZONA CAPITAL SOURCE?
- The 990 for the year ended September 30, 2025 names GARY MOLENDA.
- Who are the officers and directors of ARIZONA CAPITAL SOURCE?
- The 990 for the year ended September 30, 2025 lists 21 people; 21 received compensation from the organization, the highest $323,033 (GARY MOLENDA, PRESIDENT).
- How much revenue does ARIZONA CAPITAL SOURCE have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $5,194,192, expenses of $4,421,412 and total assets of $21,946,788 at year end.
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