City of Scottsdale Municipal Property Corp
501(c)(4) Donations tax-deductible
100% goes to programs
City of Scottsdale Municipal Property Corp is a 501(c)(4) organization based in Scottsdale, Arizona, registered in 1967, with $48,370,593 in FY2024 revenue. CharityIndex grades it C, and it directs about 100% of spending to programs.
7447 E Indian School Rd 210, Scottsdale, AZ, 85251 EIN 86-6057318 Since 1967
Revenue (FY2024)
$48.4M
▼ 1.3% vs prior year
Expenses (FY2024)
$124.2M
Net assets
$44.8M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
C+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For City of Scottsdale Municipal Property Corp: 100% to programs earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating4 mo reserves · -157% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For City of Scottsdale Municipal Property Corp: 4 mo reserves · -157% margin earns a F on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For City of Scottsdale Municipal Property Corp: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For City of Scottsdale Municipal Property Corp: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The corporation exists solely to finance capital projects for the city of scottsdale, az.
Contact & location
- Address
- 7447 E Indian School Rd 210, Scottsdale, AZ, 85251
- City
- Scottsdale
- State
- Arizona
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $64.0M (FY2013) to $48.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $491.5MNet assets $44.8M
Operating margin
-156.7%
Spent more than it raised in the latest fiscal year.
Total assets
$536.3M
Total liabilities
$491.5M
Net assets
$44.8M
Salaries & benefits
$0
0% of expenses
Board members
5
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $48,370,593▼1.3% | $124,153,237▲153% | $44,795,778 | $536,265,381▲31.7% | 990 |
| 2023 | $49,014,828▲0.9% | $49,014,828▲0.5% | $0 | $407,112,054▼8.2% | 990 |
| 2022 | $48,575,000▼0.5% | $48,751,199▼2.8% | $0▼100% | $443,328,975▼7.6% | 990 |
| 2021 | $48,828,086▼2.9% | $50,166,371▼6.6% | $176,199▼89.0% | $479,997,584▼6.7% | 990 |
| 2020 | $50,292,700▼9.3% | $53,684,135▼51.8% | $1,598,166▼61.0% | $514,499,554▼7.6% | 990 |
| 2019 | $55,437,949▲4.1% | $111,311,498▲83.4% | $4,093,498▼79.9% | $556,573,512▼0.9% | 990 |
| 2018 | $53,243,795▲4.9% | $60,678,667▼27.2% | $20,347,257▼26.8% | $561,410,674▼7.1% | 990 |
| 2017 | $50,739,895▲14.9% | $83,352,181▲47.1% | $27,782,129▼54.0% | $604,494,304▼7.6% | 990 |
| 2016 | $44,177,267▲1.7% | $56,677,908▲15.5% | $60,394,415▲1183% | $653,981,284▲18.0% | 990 |
| 2015 | $43,456,178▼58.3% | $49,083,299▼70.8% | $4,709,062▼54.4% | $554,121,543▼4.3% | 990 |
| 2014 | $104,135,418▲62.8% | $168,211,738▲87.4% | $10,336,183▲154% | $578,862,304▲8.0% | 990 |
| 2013 | $63,960,358 | $89,775,024▼10.3% | -$19,157,497▼216% | $536,188,774▼0.1% | 990 |
| 2012 | — | $100,056,126 | $16,575,303 | $536,783,939 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| David Smith | President | 0 | — |
| Dennis Robbins | Secretary | 0 | — |
| Fred Socoloff | Member | 0 | — |
| John Arnold | Vice-president | 0 | — |
| Kenneth Harder | Treasurer | 0 | — |
Frequently asked questions
- Is City of Scottsdale Municipal Property Corp a legitimate nonprofit?
- Yes. City of Scottsdale Municipal Property Corp is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 86-6057318, based in Scottsdale, Arizona. Donations are tax-deductible.
- What is City of Scottsdale Municipal Property Corp's EIN?
- City of Scottsdale Municipal Property Corp's Employer Identification Number (EIN) is 86-6057318.
- How much revenue does City of Scottsdale Municipal Property Corp report?
- City of Scottsdale Municipal Property Corp reported $48,370,593 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of City of Scottsdale Municipal Property Corp's spending goes to programs?
- City of Scottsdale Municipal Property Corp spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does City of Scottsdale Municipal Property Corp have?
- CharityIndex grades City of Scottsdale Municipal Property Corp C, based on program efficiency and fundraising cost.
- How much does City of Scottsdale Municipal Property Corp's highest-paid employee make?
- The highest reported compensation on City of Scottsdale Municipal Property Corp's latest Form 990 is $0, paid to David Smith (President).
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Data for City of Scottsdale Municipal Property Corp (EIN 86-6057318) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.