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GREATER YUMA ECONOMIC DEVELOPMENT CORPORATION
YUMA, AZ · EIN 860537174 · Form 990 · FY2021 · Small ($100K-$1M) · www.greateryuma.org
revenue
$973K
expenses
$904K
net assets
$611K
employees
5
program ratio
86%
mission · from form 990

TO EXPAND ECONOMIC ACTIVITY WITHN YUMA COUNTY BY ATTRACTING COMMERCE AND INDUSTRY TO THE REGION AND BY ASSISTING IN DEVELOPING THE REGIONS EXISTING INDUSTRY TO ITS FULLEST POTENTIAL.

profile · synthesized from sources

The Greater Yuma Economic Development Corporation (GYEDC) focuses on expanding economic activity in Yuma County, Arizona, by attracting and supporting commerce and industry. It serves a diverse population of over 1.5 million people across the Greater Yuma region, which includes parts of the U.S. and Mexico. GYEDC promotes innovation and growth in key sectors such as advanced manufacturing, aerospace, and agriculture technology.

named programs · 4 · from sources

what they call their work

Business Attraction
Focuses on attracting new businesses to the Greater Yuma region to stimulate economic growth.
Business Retention and Expansion
Supports existing businesses in Yuma County to help them grow and thrive.
Child Care Task Force
Aims to address child care needs in the region to support workforce development.
Yuma Spaceport Liaison
Facilitates the development of the space industry in the Greater Yuma region.
activities · 3 groups

what they do

  • Regional Economic Development Incentives 12 activities
    • Downtown Redevelopment Incentives
      Provides incentives for downtown redevelopment to attract business expansion and relocation.
    • Downtown Redevelopment Incentives
      Provides incentives for downtown redevelopment to attract business expansion and relocation.
    • Downtown Redevelopment Incentives
      Provides incentives for downtown redevelopment to attract business expansion and relocation.
    • Downtown Redevelopment Incentives
      Provides incentives for downtown redevelopment to attract business expansion and relocation within the Greater Yuma region.
    • Downtown Redevelopment Incentives
      Provides incentives for downtown redevelopment to attract business expansion and relocation in the Greater Yuma region.
    • Economic Incentives for Business Development
      Provides downtown redevelopment incentives to attract business expansion and relocation in the Greater Yuma region.
    • Economic Promotion and Development in San Luis
      Promotes San Luis, Arizona as an economic hub and supports industrial expansion through the development of new industrial parks and facilities with access to Interstate 8.
    • Economic Promotion of San Luis
      Promotes San Luis, Arizona as a growing economic hub with a strong base in professional services, retail, agribusiness, and light industry, and supports industrial expansion through the development of new industrial parks and facilities.
    • Industrial and Economic Hub Development
      Supports industrial expansion in San Luis, Arizona through the development of new industrial parks and infrastructure, including access to Interstate 8, while promoting the city as a growing hub in professional services, retail, agribusiness, and light industry.
    • Promoting San Luis Economic Development
      Promotes San Luis, Arizona as a growing economic hub across various sectors and supports industrial expansion through the development of new industrial parks and facilities.
    • Promoting San Luis Economic Development
      Promotes San Luis, Arizona as a growing economic hub and supports industrial expansion through the development of new industrial parks and facilities with access to Interstate 8.
    • Regional Economic Advocacy
      Advocates for the Greater Yuma region by promoting its cost advantages, including a cost of doing business 30% lower than major West Coast markets and 40% less than California.
  • Out-of-School Time Program Advocacy & Quality Standards 6 activities
    • Child Care Task Force
      Operates a Child Care Task Force, indicating engagement in addressing childcare-related issues within the community.
    • Child Care Task Force
      Operates a Child Care Task Force, indicating engagement in addressing child care issues within the community.
    • Child Care Task Force Coordination
      Operates a Child Care Task Force aimed at addressing child care availability and accessibility challenges to support workforce development and economic growth.
    • Child Care Task Force Operation
      Operates a Child Care Task Force.
    • Child Care Task Force Operation
      Operates a Child Care Task Force.
    • Child Care Task Force Operation
      Operates a Child Care Task Force, indicating involvement in addressing childcare needs within the community.
  • Microbusiness & Cross-Border Trade Support 5 activities
    • Foreign-Trade Zone Operation
      Operates Foreign-Trade Zone (FTZ) #219 to support manufacturers, logistics firms, distributors, and global supply chains in Southwest Arizona.
    • Foreign-Trade Zone Operation
      Operates Foreign-Trade Zone (FTZ) #219 to support manufacturers, logistics firms, distributors, and global supply chains in Southwest Arizona.
    • Foreign-Trade Zone Operation
      Operates Foreign-Trade Zone (FTZ) #219 to support manufacturers, logistics firms, distributors, and global supply chains in Southwest Arizona by providing duty deferral, reduction, or elimination benefits.
    • Foreign-Trade Zone Operation
      Operates Foreign-Trade Zone (FTZ) #219 to support manufacturers, logistics firms, distributors, and global supply chains in Southwest Arizona.
    • Operation of Foreign-Trade Zone #219
      Operates Foreign-Trade Zone (FTZ) #219 to support manufacturers, logistics firms, distributors, and global supply chains in Southwest Arizona by reducing costs and improving competitiveness.
financials · form 990 · fy2021
revenue
Total revenue$973K
Contributions & grants$972K100%
Program service revenue$00%
Investment income$5220%
Other revenue$0
expenses
Total expenses$904K
Program expenses86%
Admin / overhead14%
Fundraising0%
Salaries & benefits$531K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$611K
Cash$608K
Investments$0
Liabilities$0
Net assets$611K
Liquid reserves8.1 mo
2 years on record · 2020–2021 · YoY revenue +23.1%
leadership · form 990 part vii · fy2021

who runs it

paid leadership · 2
NameTitleHours/wkCompensation
GREGORY LAVANN VP 40 $156K
JULIE ENGEL PRESIDENT CEO 40 $114K
board members · 14
  • CECILIA MCCOLLOUGH — DIRECTOR
  • CHRIS MORRIS — DIRECTOR
  • DANIEL ORTEGA — DIRECTOR
  • DEBORAH ADERS — DIRECTOR
  • DOUGLAS NICHOLLS — DIRECTOR
  • GERARDO ANAYA — DIRECTOR
  • GLADYS BROWN — DIRECTOR
  • JONATHAN LINES — DIRECTOR
  • KYLE SMITH — DIRECTOR
  • MARTIN PORCHAS — DIRECTOR
  • MATIAS ROSALES — DIRECTOR
  • REETIKA DHAWAN — DIRECTOR
  • TIM ROONEY — DIRECTOR
  • TOM PANCRAZI — DIRECTOR
relationships · 19

who they work with

  • Associated Materials Partner — Company that chose Yuma County to grow its business.
  • City of San Luis Partner — Collaborates to promote economic development in San Luis, Arizona.
  • City of Somerton Partner — Collaborates to promote economic development in Somerton.
  • Dannon/Whitewave Partner — Company that chose Yuma County to grow its business.
  • Driscoll Foods Partner — Company that chose Yuma County to grow its business.
  • General Motors Partner — Company that chose Yuma County to grow its business.
  • Gowan Company Partner — Company that chose Yuma County to grow its business.
  • International Paper Partner — Company that chose Yuma County to grow its business.
  • Johnson Controls Partner — Company that chose Yuma County to grow its business.
  • Lockheed Martin Partner — Company that chose Yuma County to grow its business.
  • Michael’s Foods Partner — Company that chose Yuma County to grow its business.
  • Northwestern Industries Partner — Company that chose Yuma County to grow its business.
  • Oasis Date Partner — Company that chose Yuma County to grow its business.
  • Pratt Whitney Partner — Company that chose Yuma County to grow its business.
  • Rolls Royce Partner — Company that chose Yuma County to grow its business.
  • Shaw Diversified Partner — Company that chose Yuma County to grow its business.
  • Tanimura and Antle Partner — Company that chose Yuma County to grow its business.
  • Yuma Manufacturers' Association Partner — Serves as a liaison to the Yuma Manufacturers' Association.
  • Yuma Spaceport Partner — Serves as a liaison to the Yuma Spaceport.