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Filing year 2023

ARIZONA CAPITAL SOURCE

Tucson, Arizona·EIN 86-0403989·4
Total revenue
$5.3M
Total assets
$23.4M
Total expenses
$4.3M
Reported officers
23
Mission

PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF THE ARIZONA ECONOMY.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2023

$296k
$324k
Base
$154k
Bonus
$8k
Other
$94k
Benefits
$29k
Sr. VP Marketing (thru 10/23)
vice president
$207k
$227k
Base
$167k
Bonus
$2k
Other
$8k
Benefits
$23k
Executive VP Operations
executive vice president
$194k
$212k
Base
$144k
Bonus
$7k
Other
$15k
Benefits
$20k
VP Relationship Mgr (thru 9/24)
vice president
$191k
$209k
Base
$67k
Bonus
$4k
Other
$97k
Benefits
$15k
VP Relationship Mgr
vice president
$172k
$188k
Base
$89k
Bonus
$4k
Other
$62k
Benefits
$10k
VP & Closing Mgr (thru 7/24)
vice president
$137k
$150k
VP & Credit Mgr
vice president
$131k
$143k
Director
board member
$1k
$1k
Director
board member
$1k
$1k
Director
board member
$1k
$1k
Chair
board chair
$950
$1k
Secretary
officer (unspecified)
$800
$876
Director
board member
$800
$876
Director
board member
$800
$876
Director
board member
$650
$712
Director
board member
$650
$712

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Down 15%
from 2022

From $348k in 2022 to $296k in 2023.

$348k
2022
$296k
2023
In today's dollarsEst.
Down 18% in real terms$397k to $324k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ARIZONA CAPITAL SOURCE reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.5M
$4.5M
2022
$5.3M
$4.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
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