Evergreen Foundation

Phoenix developer named among Forbes’ top small companies

Evergreen Devco Inc., which has been working on a slew of multifamily projects and retail developments around the Valley in the past year, has been named one of the top 25 small companies in the U.S. by Forbes magazine.

Forbes recently released its “small giants” report, and cited Evergreen for its policy of allowing employees to invest in the compay’s multifamily projects. The company also has a profit-sharing plan and international philanthropic efforts.

“It’s no surprise, then, that almost a third of the workforce has been there for over a decade,” the Forbes report said.

Andrew Skipper, an Evergreen co-founder and its CEO, said the company’s strategy is to “reap the benefits of being in business long-term, and not take short-term profit.” The other co-founder is Bruce Pomeroy.

The Forbes report said the company had 2018 revenue of $100 million and has 54 employees.

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