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      <MissionDescription>TO IMPROVE THE GREATER TUCSON AREA AND THE STATE OF ARIZONA BY BRINGING TOGETHER RESOURCES AND LEADERSHIP TO ENHANCE THE ECONOMIC CLIMATE AND THE QUALITY OF LIFE IN OUR COMMUNITY, AND ATTRACT AND RETAIN HIGH QUALITY, HIGH WAGE JOBS.</MissionDescription>
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      <Description>SALC'S PRIORITIES IN 2011 CONSISTED OF: SYNCHRONIZING BUSINESS LEADERSHIP, EDUCATION, ARIZONA STATE BUDGET AND JOBS &amp; THE ECONOMY.**KEY STATE AND REGIONAL BUSINESS COLLABORATIONS IN 2011**EARLY IN 2011 THE TUCSON CHARTER CHANGE COALITION (TC-3) RECOMMITTED TO MAKING LONG-TERM EFFORTS TO IMPLEMENT COMPREHENSIVE CHANGES IN THE CITY GOVERNMENT. MORE THAN 60 PARTICIPANTS AT A TUCSON CHARTER CHANGE COALITION MEETING VOTED OVERWHELMINGLY TO CONTINUE EFFORTS TO IMPROVE CITY GOVERNMENT, FOCUSING ON NOVEMBER 2013 AS THE BEST TIME FOR THE ELECTION.THE ARIZONA STRATEGIC PLANNING PROJECT LED BY GPL BEGAN WITH THE BUSINESS LEADERSHIP GROUPS OF SALC, GPL AND FLAGSTAFF FORTY COMMITTING TO WORKING WITH OUR ELECTED AND GOVERNMENT OFFICIALS TO CREATE A STRATEGIC PLAN FOR THE FUTURE OF ARIZONA.AS A PRELUDE TO ENDORSING THE REAL ARIZONA COALITION (RAC), SALC HELPED DEVELOP AND ENDORSED A ONE-PAGE STATEMENT ON IMMIGRATION AND ITS IMPACT ON THE ECONOMY OF ARIZONA.LED BY SALC, THE BIOSCIENCE LEADERSHIP COUNCIL OF SOUTHERN ARIZONA (BLCSA) HAS GROWN ITS MEMBERSHIP TO OVER 40 DIFFERENT BUSINESSES, THE UNIVERSITY OF ARIZONA, FLINN FOUNDATION AND SEVERAL BIO INDUSTRY ASSOCIATIONS. BLCSA MADE SIGNIFICANT GAINS IN 2011 TOWARDS THE GOAL OF BUILDING THE BIOSCIENCE ECONOMY IN SOUTHERN ARIZONA. BLCSA ACTIVELY ENGAGED LEGISLATORS AND ELECTED LEADERS LOCALLY AND STATEWIDE, BEGAN A FORMAL "PERCEPTION STUDY" OF HOW OUR REGION IS PERCEIVED BY SITE SELECTORS.LED BY SALC, THE TUCSON REGIONAL WATER COALITION (TRWC) IS NOW COMPRISED OF A DOZEN BUSINESS GROUPS DEDICATED TO A SUSTAINABLE WATER SUPPLY FOR OUR REGION. THE GROUP PLAYS A LEADING ROLE IN THE ONGOING EFFORT TO CREATE BETTER MANAGEMENT PRACTICES FOR WATER AND TO VIEW THE RESOURCE FROM A REGIONAL PERSPECTIVE. IN 2011 TRWC PROVIDED FUNDING FOR THE REGIONAL WATER ASSESSMENT TASK FORCE THINK TANK REPORT THAT WAS PRESENTED TO THE PUBLIC ON SEPT. 26.ACTING DECISIVELY TO SUPPORT QUALITY EDUCATION IN PIMA COUNTY, SALC CREATED A NEW MODEL OF BUSINESS-EDUCATION PARTNERSHIP THROUGH TUCSON VALUES TEACHERS (TVT). THE EFFORT HAS CREATED THE OPPORTUNITY FOR NEARLY 100 BUSINESSES TO STRATEGICALLY INVEST IN THE ECONOMICS AND PROFESSIONALISM OF THE TEACHING PROFESSION.</Description>
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        <Description>**EDUCATION**LED BY THE P-20 FOCUS AREA, SALC INVESTED HEAVILY IN TWO PRIMARY AREAS: TUSD AND TUCSON VALUES TEACHERS. SALC ALSO SUPPORTS THE LITERACY FOR LIFE COALITION AND FIRST THINGS FIRST EARLY CHILDHOOD EDUCATION. SALC DIRECTLY SUPPORTS THE ARIZONA BUSINESS EDUCATION COALITION AS WELL AS THE PIMA COUNTY BUSINESS EDUCATION ROUNDTABLE, THE RODEL FOUNDATION, EXPECT MORE ARIZONA AND SOLUTIONS THROUGH HIGHER EDUCATION.TUCSON VALUES TEACHERS - TVT, SALC'S PREMIER K-12 EDUCATION EFFORT, HAS ESTABLISHED ITSELF AS THE REGION'S MOST EFFECTIVE BUSINESS AND EDUCATION PARTNERSHIP. ITS WORK TO HELP SUPPORT, RETRAIN AND RECRUIT TOP QUALITY TEACHERS FOR EVERY CLASSROOM IN PIMA COUNTY HAS SHOWN SIGNIFICANT SUCCESS AS JUDGED BY A SURVEY OF THE TEACHERS THEMSELVES. TVT, IN ITS THREE YEARS OF EXISTENCE, HAS LEVERAGED AN ANNUAL OPERATING BUDGET OF APPROXIMATELY $160,000 TO DRIVE THE COLLECTION AND DISTRIBUTION OF NEARLY $200,000 IN BASIC CLASSROOM SUPPLIES; STIMULATED NEARLY $1 MILLION IN INVESTMENT FROM 22 BUSINESSES AS MATCHING FUNDS FOR TEACHER SALARIES AS PART OF THE INTERNSHIP PROGRAM OFFERED IN COLLABORATION WITH THE UNIVERSITY OF ARIZONA; ORGANIZED MORE THAN 50 BUSINESSES TO OFFER SIGNIFICANT DISCOUNTS IN GOODS AND SERVICES FOR TEACHERS THAT HAS DRIVEN TEACHER SPENDING OF APPROXIMATELY $500,000 OVER THREE YEARS; AND INSPIRED MORE THAN 100 MEDIA STORIES THAT HIGHLIGHT THE PROFESSIONALISM AND CRITICAL ROLE OF THE TEACHING PROFESSION.TUCSON UNIFIED SCHOOL DISTRICT - THANKS TO THE GENEROSITY OF SALC MEMBERS WHO CONTRIBUTED FUNDING, TUSD SUPERINTENDENT JOHN PEDICONE WAS ABLE TO HOLD A DISTRICT-WIDE MEETING TO LAUNCH HIS DRIVE TO TRANSFORM THE TUSD CULTURE AND TO TURN TUSD INTO A WORLD-CLASS TEACHING INSTITUTION.</Description>
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        <Description>**JOBS &amp; THE ECONOMY**FRV SOLAR. RESPONDING TO A REQUEST FROM THE PIMA COUNTY BOARD OF SUPERVISORS, SALC ENGAGED THE OFFICIALS OF FRV AND HELPED THEM NAVIGATE THE CRITICAL NEGOTIATIONS NEEDED TO GAIN APPROVAL OF THEIR NEW MAJOR SOLAR INSTALLATIONS IN THE REGION. THE PIMA COUNTY BOARD OF SUPERVISORS VOTED 5 TO 0 TO APPROVE ZONING FOR THE PROJECT.NRG SOLAR. WITHIN MONTHS OF THE FRV APPROVAL, SALC RECEIVED ANOTHER REQUEST FROM PIMA COUNTY TO GET INVOLVED TO SUPPORT NRG SOLAR IN A SIMILAR SITUATION TO THAT FACED BY FRV. THANKS TO THE WORK DONE ON THE FRV PROJECT, APPROVAL OF THE NRG SITE WAS MUCH EASIER TO OBTAIN.BIOSCIENCES LEADERSHIP COUNCIL OF SOUTHERN ARIZONA (BLCSA). THE EIGHTH ANNUAL ASSESSMENT OF THE ARIZONA BIOSCIENCE ROADMAP BY BATTELLE REPORTED THAT BIOSCIENCE JOBS GREW BY SEVEN PERCENT IN ARIZONA DURING THE RECESSIONARY YEARS OF 2008-2009, EVEN AS THE REMAINDER OF THE PRIVATE SECTOR SAW JOBS SHRINK BY 11 PERCENT. MOREOVER, ARIZONA'S 32 PERCENT INCREASE IN BIOSCIENCE EMPLOYMENT FROM 2002 TO 2009 OUTPACED THE NATION'S GAIN OF 11 PERCENT IN THE SAME PERIOD.THE STATEWIDE FLINN BIOSCIENCE STEERING COMMITTEE, CO-CHAIRED BY SALC PRESIDENT RON SHOOPMAN, ANNOUNCED A SET OF DRAFT POLICY PRINCIPLES DESIGNED TO STRENGTHEN THE BIOSCIENCE SECTOR IN ARIZONA. THE COMMITTEE CONCLUDED THAT IF ARIZONA IS TO ACHIEVE ITS GOAL OF BECOMING A WORLD LEADER IN THE BIOSCIENCES IT WILL REQUIRE A COMPREHENSIVE APPROACH THAT INCLUDES INVESTMENTS, EDUCATIONAL REFORMS AND COLLABORATION AMONG VARIOUS GROUPS.**SALC LEGISLATIVE ENGAGEMENT**JOB CREATION REQUIRES A TAX AND REGULATORY ENVIRONMENT FAVORABLE TO BUSINESS. THE STRATEGIC INITIATIVES COMMITTEE LEADS THE SALC WORK IN THIS AREA.PRO BUSINESS LEGISLATION. SALC SUPPORT OF AND EVENTUAL PASSAGE OF A SWEEPING AND HISTORIC ECONOMIC COMPETITIVENESS PACKAGE WAS A MAJOR HIGHLIGHT THIS PAST LEGISLATIVE SESSION. SALC AND A NUMBER OF OTHER BUSINESS GROUPS ENCOURAGED THE LEGISLATURE AND GOVERNOR TO ACT DECISIVELY AND MAKE JOB CREATION THEIR NUMBER ONE PRIORITY. THE RESULT WAS ACTION TO CUT THE CORPORATE INCOME TAX RATE, REDUCE THE BUSINESS PROPERTY TAX RATE, INSTITUTE REFORMS THAT MAKE ARIZONA MORE ATTRACTIVE FOR EXPORT-ORIENTED MANUFACTURERS, AND CREATE THE ARIZONA COMMERCE AUTHORITY, WHICH WILL OFFER NEW TOOLS TO ATTRACT BUSINESSES TO THE STATE.SALC VETO POWER. SALC ASKED GOVERNOR BREWER TO VETO 4 PIECES OF LEGISLATION IN 2011 AND THE GOVERNOR VETOED EVERY ONE OF THEM. THE LIST INCLUDES LEGISLATION THAT WAS POORLY WRITTEN OR THAT WOULD HAVE HAD UNINTENDED CONSEQUENCES. THEY WERE:* HB 2702 POORLY WRITTEN TAXPAYERS' BILL OF RIGHTS LEGISLATION.* SB 1322 A STATE OVERREACH THAT WOULD REQUIRE CITIES TO BID SERVICES.* SB 1593 HEALTH INSURANCE INTERSTATE PURCHASE.* SB 1497 IMPACT ON THE ARIZONA BOARD OF REGENTS BY SEPARATING UMC FROM REGENT CONTROL. SALC LED A MAJOR EFFORT TO EARN THIS VETO. IN A LETTER TO GOV. JAN BREWER, SALC RECOMMENDED THE VETO AND THE FORMATION OF A HEALTHCARE COMMITTEE TO REVIEW THE LEADERSHIP STRUCTURE FOR THE NEW UA HEALTHCARE ENTITY. THE GOVERNOR CONVENED THE PANEL AND RICK MYERS AND RON SHOOPMAN SERVED ON IT. THE RESULTS APPEAR TO BE FAVORABLE AT THIS WRITING.SUPPORT FOR RETENTION OF MILITARY JOBS AND THE AEROSPACE AND DEFENSE INDUSTRY AIR AND SPACE OPERATIONS CENTER. SALC SUPPORTED DAVIS-MONTHAN AIR FORCE BASE AS THE BEST CHOICE FOR THE AIR FORCE'S PLANNED CONSOLIDATION OF TWO OF ITS AIR AND SPACE OPERATIONS CENTERS. THE SUPPORT DEMONSTRATED BY SALC, THE DM 50 AND OTHERS MAY HAVE PLAYED A ROLE IN THE AIR FORCE DECISION NOT TO CONSOLIDATE THE CENTERS.F-35 BASING AT THE 162ND FIGHTER WING. SALC'S FULL ENDORSEMENT OF THE POTENTIAL BASING OF THE NEW F-35 FIGHTER AT THE 162ND FIGHTER WING WAS SHARED DIRECTLY WITH SEN. JOHN MCCAIN AND IN LETTER TO THE REST OF THE ARIZONA DELEGATION.PROTECTING RAYTHEON. SALC INFRASTRUCTURE FOCUS AREA GAVE TENTATIVE APPROVAL TO A PLAN DESIGNED TO PROTECT OUR LARGEST EMPLOYER AND ALLOW RAYTHEON TO EXPAND AND CONTROL ITS BOUNDARIES. THE PLAN WILL ALSO SUPPORT A TREO INITIATIVE TO CREATE AN AEROSPACE AND DEFENSE CORRIDOR CENTERED ON TUCSON INTERNATIONAL AIRPORT. SALC HAS BEEN ASKED TO CONSIDER FULLY SUPPORTING THE NEXT PIMA COUNTY BOND ELECTION IN 2013, WHICH WILL PROVIDE THE FUNDING FOR THE RAYTHEON PROJECT.</Description>
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        <Description>**ARIZONA STATE BUDGET**ARIZONA STATE BUDGET CRISIS:EARLY IN 2011 THE THREE STATE BUSINESS LEADERSHIP GROUPS ISSUED A STATEMENT SAYING ARIZONA'S STRUCTURAL DEFICIT IS THE MOST PRESSING ISSUE FACING OUR STATE. SALC, GPL AND FLAGSTAFF FORTY WORKED WITH STATE LEGISLATORS TO ADDRESS THE STATE'S STRUCTURAL DEFICIT.DESPITE PAINFUL CUTS TO THE OVERALL BUDGET FOR 2011, THE STATE BUDGET REQUIRED AN EXTRA BILLION-DOLLAR INFUSION OF REVENUE TO BALANCE IT. THE PROP 100 SALES TAX REVENUE MADE IT POSSIBLE, BUT NOW THE STATE FACES YET ANOTHER BUDGET CLIFF WHEN THE PROP 100 TAX SUNSETS IN 2013. ADD TO THE MIX SIGNIFICANT NEW COSTS ASSOCIATED WITH THE NEW NATIONAL HEALTHCARE BILL AND ARIZONA ONCE AGAIN STANDS ON THE PRECIPICE OF A STEEP BUDGET CLIFF.ARIZONA STRATEGIC PLANNING PROJECT:IN EARLY 2011 THE LEADERSHIP OF GPL, SALC AND FLAGSTAFF FORTY RECOGNIZED THAT IT WAS UP TO US, THE STATE'S BUSINESS LEADERS, TO GET DIRECTLY INVOLVED TO HELP OUR STATE. AND SO WAS BORN THE ARIZONA STRATEGIC PLANNING PROJECT.GIVEN THE IMPORTANCE OF THE STATE'S FISCAL CRISIS, THE NEWLY APPOINTED SALC COMMITTEE ON THE STATE BUDGET CONCENTRATED INITIALLY ON ENCOURAGING LEGISLATORS TO ADOPT A LONG-TERM STRATEGIC PLAN THAT WOULD BE USED TO GUIDE FUTURE DECISIONS ON THE BUDGET AND STATE OPERATIONS. THE EFFORT WAS GIVEN IMPETUS BY THE REALIZATION THAT THE LEGISLATURE AND EXECUTIVE BRANCH USE THEIR DEVELOPMENT OF THE ANNUAL BUDGET AS THEIR ONLY STATEWIDE PLANNING PROCESS - AN APPROACH THAT RELIES NOT ON LONG-TERM GOALS OR STRATEGIES FOR THE STATE, BUT INSTEAD REACTS TO THE MOMENTARY VICISSITUDES OF THE ECONOMY AND THE VOTERS.THE FIRST CRITICAL STEP TOWARD DEVELOPING A LONG-RANGE PLANNING PROCESS FOR THE STATE OF ARIZONA OCCURRED MAY 20 WHEN 145 CEOS, ELECTED OFFICIALS, MEMBERS OF THE GOVERNOR'S STAFF AND SUPPORT PERSONNEL GATHERED AT THE SCOTTSDALE CONFERENCE CENTER. TWENTY SALC MEMBERS WERE AMONG THE PARTICIPANTS.THE STATE'S BUSINESS COMMUNITIES' EFFORTS TO INTRODUCE STRATEGIC PLANNING TO THE STATE OF ARIZONA TOOK SIGNIFICANT STEPS FORWARD WITH THE DEVELOPMENT OF PRINCIPLES AND BEST PRACTICES BY THE FISCAL POLICY SUBCOMMITTEE. THE SUBCOMMITTEE CONSISTS OF MEMBERS FROM SALC, GREATER PHOENIX LEADERSHIP, AND THE FLAGSTAFF FORTY.</Description>
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        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>PAUL BONAVIA</NamePerson>
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        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DON BOURN</NamePerson>
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        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
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        <NamePerson>RUTH BRINKLEY</NamePerson>
        <Title>DIRECTOR</Title>
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        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
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      </Form990PartVIISectionA>
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        <NamePerson>GARY CLARK</NamePerson>
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      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>BRUCE DUSENBERRY</NamePerson>
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        <NamePerson>JIM GENTILE</NamePerson>
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      </Form990PartVIISectionA>
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        <NamePerson>STEVE LYNN</NamePerson>
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        <NamePerson>MARK MISTLER</NamePerson>
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        <NamePerson>RICK MYERS</NamePerson>
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      </Form990PartVIISectionA>
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        <NamePerson>KATHLEEN PERKINS</NamePerson>
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      </Form990PartVIISectionA>
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        <NamePerson>DONALD PITT</NamePerson>
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      </Form990PartVIISectionA>
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        <NamePerson>SI SCHORR</NamePerson>
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      </Form990PartVIISectionA>
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        <NamePerson>SARAH SMALLHOUSE</NamePerson>
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      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LESLIE TOLBERT</NamePerson>
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        <NamePerson>BRUCE BEACH</NamePerson>
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      </Form990PartVIISectionA>
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        <NamePerson>MIKE HAMMOND</NamePerson>
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      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LARRY ALDRICH</NamePerson>
        <Title>SECRETARY</Title>
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        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
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        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
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      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ROGER VOGEL</NamePerson>
        <Title>TREASURER</Title>
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        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
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      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>RONALD SHOOPMAN</NamePerson>
        <Title>PRESIDENT</Title>
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        <Officer>X</Officer>
        <ReportableCompFromOrganization>167500</ReportableCompFromOrganization>
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      </Form990PartVIISectionA>
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      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>0</TotalOtherCompensation>
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      <TotalCompGT150K>1</TotalCompGT150K>
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      <NumberOfContractorsGT100K>0</NumberOfContractorsGT100K>
      <AllOtherContributions>1410</AllOtherContributions>
      <TotalContributions>1410</TotalContributions>
      <ProgramServiceRevenue>
        <Description>MEMBERSHIP DUES</Description>
        <BusinessCode>541900</BusinessCode>
        <TotalRevenueColumn>455000</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>455000</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>455000</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>115</TotalRevenueColumn>
        <ExclusionAmount>115</ExclusionAmount>
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      <TotalRevenue>
        <TotalRevenueColumn>456525</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>455000</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>115</ExclusionAmount>
      </TotalRevenue>
      <GrantsToDomesticOrgs>
        <Total>13836</Total>
      </GrantsToDomesticOrgs>
      <CompCurrentOfficersDirectors>
        <Total>167500</Total>
      </CompCurrentOfficersDirectors>
      <OtherSalariesAndWages>
        <Total>38674</Total>
      </OtherSalariesAndWages>
      <OtherEmployeeBenefits>
        <Total>4152</Total>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>12442</Total>
      </PayrollTaxes>
      <FeesForServicesLegal>
        <Total>281</Total>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>4923</Total>
      </FeesForServicesAccounting>
      <FeesForServicesOther>
        <Total>34790</Total>
      </FeesForServicesOther>
      <Advertising>
        <Total>8398</Total>
      </Advertising>
      <OfficeExpenses>
        <Total>26709</Total>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>3930</Total>
      </InformationTechnology>
      <Occupancy>
        <Total>38724</Total>
      </Occupancy>
      <Travel>
        <Total>2891</Total>
      </Travel>
      <ConferencesMeetings>
        <Total>43032</Total>
      </ConferencesMeetings>
      <DepreciationDepletion>
        <Total>3931</Total>
      </DepreciationDepletion>
      <OtherExpenses>
        <Description>DUES AND SUBSCRIPTIONS</Description>
        <Total>3682</Total>
      </OtherExpenses>
      <OtherExpenses>
        <Description>PROXY TAX</Description>
        <Total>2875</Total>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MISCELLANEOUS</Description>
        <Total>1396</Total>
      </OtherExpenses>
      <TotalFunctionalExpenses>
        <Total>412166</Total>
      </TotalFunctionalExpenses>
      <SavingsAndTempCashInvestments>
        <BOY>223895</BOY>
        <EOY>155952</EOY>
      </SavingsAndTempCashInvestments>
      <AccountsReceivable>
        <BOY>279500</BOY>
        <EOY>474750</EOY>
      </AccountsReceivable>
      <OtherNotesLoansReceivableNet>
        <BOY>2500</BOY>
        <EOY>0</EOY>
      </OtherNotesLoansReceivableNet>
      <LandBuildingsEquipmentBasis>53811</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>49225</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>6280</BOY>
        <EOY>4586</EOY>
      </LandBuildingsEquipmentBasisNet>
      <OtherAssetsTotal>
        <EOY>3755</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>512175</BOY>
        <EOY>639043</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>7991</BOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>405000</BOY>
        <EOY>495500</EOY>
      </DeferredRevenue>
      <OtherLiabilities>
        <BOY>75</BOY>
        <EOY>75</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>413066</BOY>
        <EOY>495575</EOY>
      </TotalLiabilities>
      <DoNotFollowSFAS117>X</DoNotFollowSFAS117>
      <CapStckTrstPrinCurrentFunds>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </CapStckTrstPrinCurrentFunds>
      <PaidInCapSrplsLandBldgEqpFund>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </PaidInCapSrplsLandBldgEqpFund>
      <RetainedEarningsEndowmentEtc>
        <BOY>99109</BOY>
        <EOY>143468</EOY>
      </RetainedEarningsEndowmentEtc>
      <TotalNetAssetsFundBalances>
        <BOY>99109</BOY>
        <EOY>143468</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>512175</BOY>
        <EOY>639043</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>44359</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>0</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>0</FSAudited>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleC documentId="RetDoc1039700001">
      <SubstantiallyAllDuesNondeduct>0</SubstantiallyAllDuesNondeduct>
      <OnlyInHouseLobbying>0</OnlyInHouseLobbying>
      <AgreeToCarryoverPriorYear>0</AgreeToCarryoverPriorYear>
      <DuesAssessments>455000</DuesAssessments>
      <NonDedLobbyPoliticalCurrent>3840</NonDedLobbyPoliticalCurrent>
      <NonDedLobbyPoliticalTotal>3840</NonDedLobbyPoliticalTotal>
      <AmountToBeCarriedOver>0</AmountToBeCarriedOver>
      <TaxableAmount>3840</TaxableAmount>
    </IRS990ScheduleC>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <Buildings>
        <OtherCostOrOtherBasis>2237</OtherCostOrOtherBasis>
        <Depreciation>80</Depreciation>
        <BookValue>2157</BookValue>
      </Buildings>
      <Equipment>
        <OtherCostOrOtherBasis>34166</OtherCostOrOtherBasis>
        <Depreciation>33279</Depreciation>
        <BookValue>887</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>17408</OtherCostOrOtherBasis>
        <Depreciation>15866</Depreciation>
        <BookValue>1542</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>4586</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>UNCLAIMED PROPERTY</Description>
        <Amount>75</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>75</TotalOfAmounts>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <RecordsMaintained>1</RecordsMaintained>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>SCIENCE FOUNDATION ARIZONA</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>400 E VAN BUREN STREET SUITE 230</AddressLine1>
          <City>PHOENIX</City>
          <State>AZ</State>
          <ZIPCode>85004</ZIPCode>
        </AddressUS>
        <EINOfRecipient>204365711</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <PurposeOfGrant>SCIENCE</PurposeOfGrant>
      </RecipientTable>
      <TotalNbrOf501C3AndGovtGrants>1</TotalNbrOf501C3AndGovtGrants>
      <Form990ScheduleIPartIV>
        <Explanation>SALC DOES NOT MAKE GRANTS. IT MAY, FROM TIME TO TIME, MAKE CONTRIBUTIONS TO OTHER ORGANIZATIONS. ORGANIZATIONS ELIGIBLE TO RECEIVE CONTRIBUTIONS HAVE PURPOSES AND PROGRAMS THAT ACCOMPLISH SALC'S MISSION OF ENHANCING THE REGION'S QUALITY OF LIFE AND ECONOMIC CLIMATE.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="RetDoc1042400001">
      <Form990OfOtherOrganizations>X</Form990OfOtherOrganizations>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>0</SeverancePayment>
      <SupplementalNonqualRetirePlan>0</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>0</EquityBasedCompArrangement>
      <Form990ScheduleJPartII>
        <NamePerson>RONALD SHOOPMAN</NamePerson>
        <BaseCompensationFilingOrg>157500</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>10000</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>0</DeferredCompFilingOrg>
        <DeferredCompRelatedOrgs>0</DeferredCompRelatedOrgs>
        <NontaxableBenefitsFilingOrg>0</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>167500</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Explanation>FORM 990, PART V, LINE 6B: ANY FUNDRAISING SOLICITATION (INCLUDING SOLICITATION OF MEMBER DUES) BY ANY SECTION 501(C) ORGANIZATION THAT IS NOT ELIGIBLE TO RECEIVE CONTRIBUTIONS DEDUCTIBLE AS CHARITABLE CONTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES MUST INCLUDE AN EXPLICIT STATEMENT THAT CONTRIBUTIONS, INCLUDING MEMBER DUES, PAID TO IT ARE NOT DEDUCTIBLE AS CHARITABLE CONTRIBUTIONS. SOUTHERN ARIZONA LEADERSHIP COUNCIL (SALC) HAS HISTORICALLY INCLUDED THE PROPER DISCLOSURE ON ALL OF ITS INVOICES. UNFORTUNATELY, THERE WAS A SOFTWARE ISSUE WHEN SALC MOVED OFFICES IN 2011, AND THE DISCLOSURE WAS REMOVED FROM THE QUICKBOOKS INVOICE TEMPLATE. SOME, BUT NOT ALL, OF THE 2012 INVOICES SENT IN LATE 2011 DID NOT CONTAIN THE DISCLOSURE. SALC HAS SINCE CORRECTED THE INVOICE TEMPLATE AND THE DISCLOSURE ONCE AGAIN APPEARS ON ALL INVOICES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 2</ReturnReference>
        <Explanation>LARRY ALDRICH AND PAUL BONAVIA HAVE A BUSINESS RELATIONSHIP. PAUL BONAVIA AND STEVE LYNN HAVE A BUSINESS RELATIONSHIP.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 6</ReturnReference>
        <Explanation>AN ACTIVE MEMBER MUST BE THE CHIEF EXECUTIVE OFFICER OR A SENIOR OFFICIAL OF A CORPORATION LOCATED IN ARIZONA OR A SENIOR PARTNER IN A LEGAL, ACCOUNTING, OR PROFESSIONAL FIRM. THE PARTICIPATION IN THE COUNCIL FROM ANY ONE COMPANY IS TO BE THE SENIOR INDIVIDUAL IN THE FIRM. THOSE WHO DO NOT SPECIFICALLY FIT THESE CATEGORIES MAY BE CONSIDERED BASED UPON THEIR ABILITY TO MAKE A SIGNIFICANT CONTRIBUTION TO THE COMMUNITY. ACTIVE MEMBERS PAY ANNUAL DUES AND ARE ENTITLED TO VOTE ON THE ELECTION OF DIRECTORS AND UPON ISSUES RELATING TO THE PAYMENT OF DUES. SALC MAY ALSO RECOGNIZE MEMBERSHIP BY MEMBERS EMERITI OR MEMBERS OF THE COMMUNITY HOLDING SIGNIFICANT POSITIONS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 7A</ReturnReference>
        <Explanation>THE NOMINATION AND ELECTION OF DIRECTORS TAKES PLACE AT THE ANNUAL MEETING OF THE MEMBERS. BALLOTS ARE CAST BY CURRENTLY ACTIVE MEMBERS PRESENT AT THE ANNUAL MEETING. BALLOTS MAY ALSO BE SUBMITTED BY MAIL, EMAIL, OR FACSIMILE TRANSMISSION PRIOR TO THE COMMENCEMENT OF THE MEETING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>A DRAFT FORM 990 IS REVIEWED BY THE PRESIDENT PRIOR TO FILING. IT IS THEN PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY, AND THEY ARE GIVEN AN OPPORTUNITY TO COMMENT BEFORE FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15A</ReturnReference>
        <Explanation>COMPENSATION FOR THE PRESIDENT IS BASED ON COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE POSITIONS OF NONPROFIT ORGANIZATIONS IN SOUTHERN ARIZONA. DATA IS OBTAINED USING PUBLICLY AVAILABLE FORMS 990. THE COMPENSATION WAS LAST REVIEWED AND APPROVED BY THE GOVERNING BODY ON DECEMBER 13, 2011.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>