This time of year, with the roll-up to Arizona Gives Day next month, there’s a tremendous focus on fundraising for nonprofits. Asa community, we need to recognize that this hardly defines nonprofits’ participation in our economy — as businesses that provide employment and generate revenue. We all know that nonprofits generate tremendous social good. However, many may not … [More]
Feedback: March 2022
Question: Beyond the focused impact of your organization’s mission and its impact on the population you serve, what is the economic impact of its ripple effect in our community? Becky Bell Ballard CEO Rosie’s House: A Music Academy for Children Sector: Nonprofit Improving educational outcomes for underserved students in Arizona is critical to the well-being and … [More]
New Tax Rule Targets Businesses That Accept Payment through Apps
The IRS is now watching those who are self-employed, those who are independent contractors or, even those who just operate a side business, and use payment apps like Venmo, Paypal or Cashapp. Because of a new tax reporting regulation that took effect on January 1, 2022, most payment apps are now required to issue 1099-K’s to any businesses receiving more than a total of $600 in … [More]
See What Company Has a $5.5B Economic Impact in Arizona
A study just released by Applied Analysis shows that Cox, a family-owned business serving the Phoenix Metropolitan area and Southern Arizona since 1995, has a $5.5 billion positive economic impact in Arizona annually. The study focuses on key economic indicators upon which Cox impacts Arizona’s economy including: $5.5 billion in total economic impact in Arizona … [More]
National Housing Report for January 2022 Shows Phoenix Tops in YoY Price Increase
January home sales dropped 31.4% from December's total – a decrease slightly more than the seasonal norm – as inventory shrank for the sixth consecutive month. Year over year, sales were down 5.3% from January 2021. A December-to-January decline in home sales is typical and expected. In the past five years (2017-2021), the average drop in home sales between the … [More]
72% of Office Workers Worldwide Worry about Air Quality in Their Buildings, Says Survey
Nearly three out of four surveyed office workers express concern about their building's indoor air quality (IAQ), according to a report released today by Honeywell. "Workplace Air Quality: A Global Concern Emerges" presents the findings of Honeywell's second annual Healthy Buildings Survey, which recently queried 3,000 office workers in buildings with 500-plus workers in ASEAN, … [More]
National Delinquency Drops below March 2020 Level for the First Time Since Pandemic, Says Report
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for November 2021. For the month of November, 3.6% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3-percentage point … [More]
75% of Recent Home Buyers Have Regrets about Their New Home, Says Survey
Purchasing a home in a rapidly appreciating and hypercompetitive housing market can feel like winning the lottery. But a new Zillow survey finds even those who are successful often make compromises and can suffer from buyer's remorse. Current and aspiring home shoppers can learn from the regrets of these pandemic-era buyers with help from new technology and a housing market … [More]
