Overview
What is City Of Santa Clara Public Facilities Financing Corporation?
City of Santa Clara Public Facilities Financing Corporation is a nonprofit organization situated in Santa Clara, California, with an address at 1500 Warburton Avenue, CA 95050. Its primary mission is to offer financial assistance to the City of Santa Clara by financing, refinancing, leasing, and constructing various facilities for the benefit of the city's residents. This encompasses projects such as police administration buildings, library construction, and lease obligations. Their activities aim to improve the city's infrastructure and resources, ultimately serving the needs of its residents.
Is City Of Santa Clara Public Facilities Financing Corporation legitimate?
City Of Santa Clara Public Facilities Financing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. City Of Santa Clara Public Facilities Financing Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of City Of Santa Clara Public Facilities Financing Corporation?
The City of Santa Clara Public Facilities Financing Corporation's mission is to provide financial assistance to its city by financing, refinancing, leasing, and constructing various facilities. This is done with the aim of benefiting the city's residents. The corporation's activities include financing, acquiring, constructing, improving, leasing, and selling buildings, building improvements, equipment, and other public improvements, lands, and any other real or personal property. This is all done with the intention of enhancing the quality of life for the city's residents. The corporation's activities also include debt service expenditures related to the Police Administration Building, Library Building construction, and lease obligations.
Who is the CEO of City Of Santa Clara Public Facilities Financing Corporation?
Rajeev Batra is the Executive Dir. of City Of Santa Clara Public Facilities Financing Corporation.
What is the revenue of City Of Santa Clara Public Facilities Financing Corporation?
City Of Santa Clara Public Facilities Financing Corporation's revenue in 2022 was $2,502,062.
Who are the executives of City Of Santa Clara Public Facilities Financing Corporation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for City Of Santa Clara Public Facilities Financing Corporation?
City Of Santa Clara Public Facilities Financing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of City Of Santa Clara Public Facilities Financing Corporation
The City Of Santa Clara Public Facilities Financing Corporation is dedicated to providing financial assistance to the City of Santa Clara. This nonprofit organization achieves this mission by financing, refinancing, acquiring, constructing, improving, leasing, and selling various facilities, buildings, equipment, and other public improvements. Their primary goal is to benefit the residents of the City of Santa Clara, California.
Specifically, the Corporation renders financial aid in several ways. They finance the construction of public facilities, such as libraries and police administration buildings. Additionally, they refinance existing debts and enter into lease obligations to ensure the city's residents have access to necessary facilities. By providing these financial services, the Corporation plays a crucial role in improving and maintaining the city's infrastructure.
In summary, the City Of Santa Clara Public Facilities Financing Corporation serves as a financial backbone for its city, aiding in the construction, financing, and improvement of various public facilities. Their mission is to enhance the quality of life for the city's residents by funding essential projects and services.
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Impact
October, 2024
The City of Santa Clara Public Facilities Financing Corporation plays a crucial role in enhancing the infrastructure and services available to the community. By providing financial assistance for various projects, it ensures that essential facilities, such as police administration buildings and libraries, are constructed and well-maintained.
This organization focuses on financing, refinancing, leasing, and constructing public facilities, enabling the city to improve the quality of life for its residents. Its initiatives directly support the city’s operational needs and public safety, contributing to a more robust community framework.
With its commitment to various public improvements, the corporation helps facilitate essential services and amenities that benefit Santa Clara residents. The effective management of debt service expenditures reflects responsible financial stewardship, ultimately leading to enhanced facilities that serve the community's needs. Through its work, the City of Santa Clara Public Facilities Financing Corporation significantly impacts local development and public welfare.
This information is meant to be a general summary of City Of Santa Clara Public Facilities Financing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $623
- Program Service Revenue: $2,501,439
- Gross Receipts: $2,502,062
Assets and Liabilities:
- Total Assets: $12,316,935
- Total Liabilities: $11,594,394
- Net Assets: $722,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE REVENUE
Revenue
$2,501,439
Organization Details
Founding Year
1997
Phone
(408) 615-2368Principal Officer
Rajeev Batra
Main Address
1500 WARBURTON AVENUE, SANTA CLARA, CA, 95050
NTEE Category
Code: W40 - Public benefit
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