ARIZONA REGIONAL ECONOMIC DEVELOPMENT FOUNDATION

SIERRA VISTA, AZ, 85635-1827 Est. 1985 EIN 86-0542973

S31Z— Community Improvement Form 990 501(c)(3)

WWW.aredf.org

Mission

Preservation and strengthening of the regional economy through initiatives focused on industry recruitment, expansion and development. The mission is accomplished by providing consulting services, promotion of special events, and leasing of commercial facilities. See Sch O 07.

Financials

Total Revenue

$907,354

Total Expenses

$1,260,738

Net Assets

$4,998,121

4 employees 7 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

4.0 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 31.4%

Expenses ↑ 20.9%

Revenue Sources

Contributions 11.0% Earned revenue 87.9% Investment 0.5% Other 1.0%

Expense Breakdown

Program 81.8% Management 15.0% Fundraising 3.1%

Officers & Key Employees (11)

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Grants Received (2)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$907,354 ↑	$1,260,738	$4,998,121
2022 Form 990	$690,328 ↓	$1,042,913	$5,246,519
2021 Form 990	$808,902 ↑	$812,265	$5,489,638
2020 Form 990	$722,991 ↓	$652,671	$5,844,563
2019 Form 990	$744,368 ↑	$906,829	$5,694,906
2018 Form 990	$711,292 ↑	$816,041	$5,837,358
2017 Form 990	$646,894	$652,431	$5,892,083