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SUN CORRIDOR INC

TUCSON, AZ · EIN 202430213 · Form 990 · FY2021 · NTEE S41 · Community Improvement · Medium ($1M-$10M) · www.suncorridorinc.com
revenue
$2.8M
expenses
$2.5M
net assets
$2.0M
employees
12
volunteers
73
mission · from form 990

THE PURPOSE OF THE ORGANIZATION IS TO SUPPORT THE CREATION OF NEW BUSINESSES, THE RETENTION AND EXPANSION OF EXISTING BUSINESSES WITHIN THE REGION, AND THE ATTRACTION OF COMPANIES THAT OFFER HIGH VALUE JOBS AND SHARE THE COMMUNITY'S VALUES.

profile · synthesized from sources

Sun Corridor Inc. is an economic development organization focused on attracting new businesses, retaining and expanding existing ones, and creating high-value jobs in the Tucson region. It convenes leaders from various sectors to enhance regional competitiveness and address future economic needs.

activities · 5 clusters

what they do

  • Organizational Rebranding & Digital Presence Development 2 activities
    • Organizational restructuring and capacity building
      Underwent a strategic re-engineering in 2015, including a name change, rebranding, and mission expansion, to strengthen organizational effectiveness and regional impact.
    • Organizational restructuring and capacity building
      Underwent re-engineering in 2015, including a name change, rebranding, and mission expansion to strengthen organizational capacity and regional impact.
  • Regional Economic Development Incentives 2 activities
    • Regional economic development and investment facilitation
      Facilitated significant investment and job creation that generated $36 billion in economic impact to the regional economy over 20 years.
    • Regional economic development and investment facilitation
      Facilitates significant investment and job creation, contributing $36 billion in economic impact to the regional economy over 20 years through strategic initiatives and partnerships.
  • Local Business Advocacy & Economic Development 1 activity
    • Business advocacy and public policy leadership
      Convenes regional leadership across sectors—representing 85,000 private-sector employees—to advocate for business interests, influence public policy, and promote the region as a business hub.
  • Ballot Measure & Legislative Opposition Campaigns 1 activity
    • Support for specific policy initiatives and ballot measures
      Engages in advocacy by endorsing local initiatives such as Plan Tucson, supporting Project Blue, opposing Prop 414's tax hike through public press conferences, and reporting on the outcome of Proposition 312.
  • Uncategorized 4 activities
    • Business community engagement and relationship management
      Engages new members and builds client relationships through ambassador and business development roles within The Chamber of Southern Arizona.
    • Business membership engagement and relationship management
      Engages new members and builds client relationships through ambassador and business development roles within The Chamber of Southern Arizona.
    • Regional business advocacy and public policy leadership
      Convenes top regional leaders representing 85,000 employees across sectors to advocate for public policy, influence economic development, and promote the region as a business hub.
    • Strategic merger to unify regional business representation
      Formed through the strategic merger of the Tucson Metro Chamber and Sun Corridor Inc. to serve as a unified voice for business advocacy, workforce development, and industry collaboration.
financials · form 990 · fy2021

the money

revenue
Total revenue$2.77M
Contributions & grants$918K33%
Program service revenue$1.84M66%
Investment income$1K0%
Other revenue$12K
expenses
Total expenses$2.54M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$1.82M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$3.38M
Cash$2.98M
Investments$0
Liabilities$1.38M
Net assets$2.01M
Liquid reserves14.1 mo
2 years on record · 2019–2021 · YoY revenue +4.7%
leadership · form 990 part vii · fy2021

who runs it

paid leadership · 4
NameTitleHours/wkCompensation
JOSEPH SNELL PRESIDENT 40 $696K
DAVID WELSH EXECUTIVE VICE PRESIDENT 40 $224K
MARY C CASPER CFO 40 $186K
LAURA SHAW SENIOR VICE PRESIDENT 40 $175K
board members · 13
  • ALI FARHANG — EXECUTIVE COMMITTEE MEMBER
  • DAVID SMALLHOUSE — SECRETARY/TREASURER
  • DENNIS R MINANO — EXECUTIVE COMMITTEE MEMBER
  • FLETCHER MCCUSKER — EXECUTIVE COMMITTEE MEMBER
  • IAN MCDOWELL — EXECUTIVE COMMITTEE MEMBER
  • JUDY RICH — CHAIRMAN OF THE BOARD
  • LEE LAMBERT — EXECUTIVE COMMITTEE MEMBER
  • LISA LOVALLO — EXECUTIVE COMMITTEE MEMBER
  • MARK MISTLER — EXECUTIVE COMMITTEE MEMBER
  • OMAR MIRELES — EXECUTIVE COMMITTEE MEMBER
  • ROBERT ROBBINS — EXECUTIVE COMMITTEE MEMBER
  • SHARON BRONSON — EXECUTIVE COMMITTEE MEMBER
  • SUSAN GRAY — EXECUTIVE COMMITTEE MEMBER
relationships · 15

who they work with

  • BeachFleischman PLLC Partner — Eric Majchrzak, CEO of BeachFleischman PLLC, is involved with Sun Corridor to serve the community and believes in its collaborative approach.
  • Cox Communications Partner — Stephanie B. Healy, Market Vice President of Cox Communications, views their partnership with Sun Corridor as critical for business growth.
  • DRI Restoration Partner — Specializes in restoration services as a General Contractor.
  • LegalShield Partner — Provides legal and identity theft protection services as an Independent Associate.
  • Let All Thrive Counseling and Coaching Partner — Offers counseling and coaching services to support personal and professional growth.
  • Signature Heating, Cooling, Plumbing and Solar Partner — Provides solar energy solutions and related services.
  • Southern Arizona Leadership Council Partner — Susan Gray, former board Chair of Sun Corridor Inc., sits on the board for the Southern Arizona Leadership Council.
  • Sun Corridor Inc. Partner — Merged with Tucson Metro Chamber to form The Chamber of Southern Arizona.
  • TMC Health Partner — Jennifer Mendrzycki, President & CEO of TMC Health, highlights the link between economic vitality and community health, and the role of robust medical infrastructure in attracting companies to Southern Arizona.
  • The Chamber of Southern Arizona Partner — Susan Gray, former board Chair of Sun Corridor Inc., is the Chair of the Board for The Chamber of Southern Arizona.
  • Tucson Metro Chamber Partner — Merged with Sun Corridor Inc. to form The Chamber of Southern Arizona.
  • Tucson Metro Chamber Partner — Sun Corridor Inc. merged with Tucson Metro Chamber to form The Chamber of Southern Arizona.
  • University of Arizona Partner — Suresh Garimella, President of the University of Arizona, works with Sun Corridor to create economic opportunity, seed new industry, support businesses, and attract new companies.
  • University of Arizona’s College of Engineering Partner — Susan Gray, former board Chair of Sun Corridor Inc., sits on the board for the University of Arizona’s College of Engineering.
  • University of Arizona’s Eller College of Management Partner — Susan Gray, former board Chair of Sun Corridor Inc., sits on the board for the University of Arizona’s Eller College of Management.