All inquiries should be directed to boardofdirectors@shermanphoenix.com, the official communications channel during this transition.

By staying engaged, attend Phoenix Forward on November 29th, participate in Giving Tuesday, and continue investing in economic spaces built for and by the community.

All vendor and contractor inquiries should be sent to billing@shermanphoenix.com.

Sherman Phoenix is a registered 501(c)(3) nonprofit. We are currently working with the city to finalize how our exempt status is reflected across past records. A good-faith payment has already been made. All operations remain fully active.

• Romero McCants is leading operations as Interim Executive Director.

• Rashidah Butler-Jackson is serving as Strategic Transition Consultant, supporting continuity and community engagement.

• The Board of Directors retains full governance oversight during this transition.

Yes. The Sherman Phoenix marketplace and Foundation are fully operational. Tenants remain open, active, and serving the community. Programming and partnerships are continuing without interruption.

Yes. The Sherman Phoenix Foundation became a registered 501(c)(3) nonprofit in 2020, with its inaugural Board established in 2021. In 2023, the Foundation acquired ownership of the building, and in 2024 the Board structure was formalized under full nonprofit governance and accountability standards, consistent with national best practices. As a 501(c)(3), the Foundation is able to reinvest every dollar back into entrepreneurs, programming, cultural activation, and community wealth-building rather than private profit.

This is a strategic evolution, not an ending. Expect expanded programming, stronger systems, and deeper community investment in the weeks ahead.

• Yes. The page has been updated and is now live with current Board and leadership roles.

• Following the recent leadership transition, we briefly removed the page to ensure that all information, including roles and governance structure, was accurate before re-publishing.

• It will continue to evolve as we move forward.

No. Donations to the Foundation support programming, wellness, business support, community impact initiatives, and sustaining the ecosystem, not individual business profits.

No. Tenants remain fully open and operate independently. Their revenue is not affected by nonprofit leadership transitions.

No. The businesses inside the Sherman Phoenix marketplace remain independently owned and operated. Being a nonprofit does not change their ownership, revenue, or autonomy. The Foundation’s role is to support tenants, through programming, resources, community partnerships, and long-term sustainability, not to manage or control individual businesses.

Sherman Phoenix is both:

• A marketplace of independent small businesses, nonprofits, creatives, and wellness practitioners who rent space.

• A nonprofit Foundation that powers programming, business development, community events, and long-term ecosystem impact.

Sherman Phoenix is both a small business marketplace and a nonprofit foundation. Together, they operate as an ecosystem supporting entrepreneurship, creativity, and community wealth.