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VALLEY PARTNERSHIP
PHOENIX, AZ · EIN 860598979 · Form 990 · FY2022 · Small ($100K-$1M) · www.valleypartnership.org
revenue
$824K
expenses
$811K
net assets
$700K
employees
2
volunteers
200
program ratio
0%
mission · from form 990

Valley Partnership Advocates Responsible Development. Representing the commercial, industrial & master planned real estate development industry, We present a balanced, pro-development perspective & the Valleys best industry education & networking opportunities.

profile · synthesized from sources

VALLEY PARTNERSHIP is an Arizona-based organization that advocates for public policies advancing the commercial, industrial, and master-planned real estate development industries. It provides education, advocacy, community outreach, and networking opportunities for real estate professionals in the region. The organization aims to build a legacy for the future of development.

irs program accomplishments · form 990 part iii · fy2022

what they reported doing

Program narrative the organization filed with the IRS. Ordered by program spending.

  1. #1 primary $0
    LEGISLATIVE COMMITTEE DISCUSSES AND ADVISES ON LEGISLATION THAT AFFECTS THE REALESTATE INDUSTRY AND EDUCATES AND INFORMS OUR MEMBERS OF OUR ACTIVITIES.PASSED STATE LEGISLATION REGARDING DROUGHT CONTINGENCY PLAN (DCP) FOR THE STATE.PROTECTED GPLET AS AN AVAILABLE TOOL AND ENHANCE ABILITY TO ESTABLISH CFDS INARIZONA. CONSISTENT APPLICATION OF IMPACT FEES, SUPPORTED FUNDING OF THE HIGHWAYUSER REVENUE FUND EXCHANGE PROGRAM (HURF) IN STATE BUDGETS, ANDENCOURAGED OUR MEMBERSHIP TO SUPPORT IN SOCIAL MEDIA AND OTHER MEMBERSHIP TOOLS.
  2. #2 $0
    REPRESENTED THE COMMERCIAL REAL ESTATE INDUSTRY BY HOLDING REGULAR MEETINGS OF THE CITY/COUNTY COMMITTEE TO FACILITATE AN EXCHANGE OF INFORMATION BETWEEN CITY EMPLOYEES & MEMBERS.
named programs · 5 · from sources

what they call their work

Advocacy
Advocates for public policies that advance the interests of the commercial, industrial, and master-planned real estate development industries, including State Legislative, Federal Affairs, and City/County Committee meetings.
Community Project
Annual initiative involving members in a community service project.
Friday Morning Breakfast
Regular breakfast events offering industry education, networking, and insights into current topics relevant to real estate development.
Golf Tournament
Annual golf tournament providing networking opportunities for members and sponsors.
Pickleball Tournament
Annual pickleball tournament offering networking and recreational activities.
activities · 5 groups

what they do

  • Member-Focused Social Events 5 activities
    • Annual Golf Tournament
      Hosts an annual golf tournament, with the 38th event scheduled for April 30, 2025.
    • Annual Golf Tournament
      Organizes an annual golf tournament, with the 38th event scheduled for 2025, providing a networking opportunity for members.
    • Annual Golf Tournament
      Hosts an annual golf tournament, with the 38th iteration scheduled for April 30, 2025.
    • Annual Golf Tournament
      Organizes an annual golf tournament as a members-only event, with the 38th edition scheduled for April 30, 2025.
    • Members-only events
      Organizes two annual members-only events, including the long-standing Annual Golf Tournament.
  • Professional Development & Certification Programs 5 activities
    • Leadership Development Program
      Offers an ADVOCATES program designed for future real estate leaders aged 35 and under.
    • Leadership Development Program
      Offers the ADVOCATES program to develop future real estate leaders aged 35 and under.
    • Leadership development for emerging real estate professionals
      Offers the ADVOCATES program for future real estate leaders aged 35 and under to build capacity and engagement within the industry.
    • Real Estate Leadership Development Program
      Offers an ADVOCATES program designed for future real estate leaders aged 35 and under.
    • Real Estate Leadership Development Program
      Offers an ADVOCATES program designed for future real estate leaders aged 35 and under.
  • Real Estate Political Advocacy 4 activities
    • Advocacy for Real Estate Development
      Advocates for public policies that advance the interests of the commercial, industrial, and master-planned real estate development industries, facilitated through State Legislative, Federal Affairs, and City/County Committee Meetings.
    • Advocacy for Real Estate Development
      Advocates for public policies that advance the interests of the commercial, industrial, and master-planned real estate development industries through various committee meetings at state, federal, and city/county levels.
    • Advocacy for Real Estate Development
      Advocates for public policies that benefit the commercial, industrial, and master-planned real estate development industries through state legislative, federal affairs, and city/county committee meetings.
    • Advocacy for real estate development interests
      Advocates for public policies at the state, federal, and local levels that advance the interests of the commercial, industrial, and master-planned real estate development industries through dedicated committee meetings and ongoing representation.
  • Facility Renovation & Enhancement Grants 4 activities
    • Annual community service project
      Contributes over $4 million to the community across three decades through an annual project that renovates and enhances facilities for non-profit organizations.
    • Community Service Project
      Contributes over $4 million to the community over three decades through an annual community service project that renovates and enhances facilities for non-profits.
    • Community Service Project
      Contributes over $4 million to the community over three decades through an annual community service project that renovates and enhances facilities for non-profits.
    • Community Service Project
      Contributes over $4 million to the community over three decades by renovating and enhancing facilities for non-profits through an annual community service project.
  • Uncategorized 5 activities
    • Friday Morning Breakfast Events
      Hosts monthly Friday Morning Breakfast events with over 250 attendees for networking and education, often focusing on current topics relevant to the real estate industry.
    • Members-Only Events
      Organizes two annual members-only events for networking and engagement.
    • Monthly Friday Morning Breakfast events
      Hosts monthly networking and educational events with over 250 attendees, including a January 2024 session focused on polling, pundits, and predictions for 2024.
    • Networking and Educational Events
      Hosts monthly Friday Morning Breakfast events with over 250 attendees for networking and education, and organizes two annual members-only events.
    • Networking and Educational Events
      Hosts monthly Friday Morning Breakfast events with over 250 attendees for networking and education, covering topics such as polling and predictions, and organizes two annual members-only events.
financials · form 990 · fy2022
revenue
Total revenue$824K
Contributions & grants$619K75%
Program service revenue$94K11%
Investment income$11K1%
Other revenue$100K
expenses
Total expenses$811K
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$412K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$990K
Cash$982K
Investments$0
Liabilities$290K
Net assets$700K
Liquid reserves14.5 mo
3 years on record · 2020–2022 · YoY revenue -6.6%
leadership · form 990 part vii · fy2022

who runs it

paid leadership · 1
NameTitleHours/wkCompensation
CHERYL LOMBARD PRESIDENT/CEO 40 $291K
board members · 24
  • BENJAMIN BUTLER — Director
  • BENJAMIN GRAFF — Director
  • BOB BAMBAUER — Director
  • BRANDON DILLINGHAM — Chairman
  • CARL PERRONE — Director
  • CATHY TEETER — Director
  • CHUCK CAREFOOT — Director
  • DAN KELLY — Director
  • DOUG KLOCKE — Director
  • GARRETT NEWLAND — Director
  • HUMPHREY SHIN — Director
  • JEFF MOLOZNIK — Director
  • JOEL WAGE — Director
  • JUSTIN STELTENPOHL — Director
  • KIMBERLY DAVIDS — Director
  • LAURA ORTIZ — VICE CHAIR
  • MICHELE PINO — Director
  • NIC FISCHER — Director
  • NICOLE MAAS — Secretary
  • ROB BASSETT — Treasurer
  • ROB TAYLOR — Director
  • TAYLOR ALVEY — Director
  • TIM BRISLIN — PAST CHAIR
  • TODD WEISS — Director
relationships · 28

who they work with

  • Brookfield Residential Partner — Listed as a Visionary Sponsor.
  • Brookfield Residential Partner — Visionary Sponsor of Valley Partnership
  • D.R. Horton Partner — Listed as a Visionary Sponsor.
  • D.R. Horton Partner — Visionary Sponsor of Valley Partnership
  • DMB Partner — Listed as a Visionary Sponsor.
  • DMB Inc. Partner — Listed as a Visionary Sponsor.
  • DMB Inc. Partner — Visionary Sponsor of Valley Partnership
  • Eldorado Holdings Partner — Listed as a Visionary Sponsor.
  • Eldorado Holdings Partner — Visionary Sponsor of Valley Partnership
  • Harvard Investments Partner — Listed as a Visionary Sponsor.
  • Harvard Investments Partner — Visionary Sponsor of Valley Partnership
  • Hines Partner — Listed as a Visionary Sponsor.
  • Hines Partner — Visionary Sponsor of Valley Partnership
  • Kitchell Partner — Listed as a Visionary Sponsor.
  • Kitchell Partner — Visionary Sponsor of Valley Partnership
  • Macerich Partner — Listed as a Visionary Sponsor.
  • Macerich Partner — Visionary Sponsor of Valley Partnership
  • Merit Partners Partner — Listed as a Visionary Sponsor.
  • Merit Partners Inc. Partner — Visionary Sponsor of Valley Partnership
  • Pederson Inc. Partner — Listed as a Visionary Sponsor.
  • Pederson Inc. Partner — Visionary Sponsor of Valley Partnership
  • Ryan Companies Partner — Listed as a Visionary Sponsor.
  • Ryan Companies Partner — Visionary Sponsor of Valley Partnership
  • Sunbelt Holdings Partner — Listed as a Visionary Sponsor.
  • Sunbelt Holdings Partner — Visionary Sponsor of Valley Partnership
  • Vestar Partner — Listed as a Visionary Sponsor.
  • Vestar Partner — Visionary Sponsor of Valley Partnership
  • YourMembership Partner — Uses YourMembership software for association management