Public Property Financing Corporation Of California

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 330463530 ✦ Westlake village, CA ✦ Designated as a 501(c)(3)

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Overview

What is Public Property Financing Corporation Of California?

Public Property Financing Corporation of California is a nonprofit organization situated in Westlake Village, California. Its primary role is to aid California public agencies by acting as a partner in financing agreements for the acquisition or enhancement of both real and personal property, serving a public benefit. The organization's mission is to uphold public welfare, charitable, and educational causes. Beyond this, it also extends financial aid to non-profit organizations dedicated to public welfare, charitable, and educational pursuits, through grants and donations. In essence, Public Property Financing Corporation of California plays a significant role in supporting the community by facilitating affordable financing solutions and offering financial assistance to worthy causes.

Is Public Property Financing Corporation Of California legitimate?

Public Property Financing Corporation Of California is a legitimate nonprofit organization registered as a 501(c)(3) entity. Public Property Financing Corporation Of California submitted a form 990EZ, 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.

What is the mission statement of Public Property Financing Corporation Of California?

The Public Property Financing Corporation of California serves a vital role in aiding California public agencies by acting as a partner in financing agreements for the acquisition or enhancement of both real and personal property, contributing to public benefit. The organization's mission is centered around supporting initiatives related to public welfare, charitable, and educational purposes. Furthermore, it extends financial assistance to non-profit organizations that align with these objectives through grant and donation programs. By doing so, the Public Property Financing Corporation of California plays a significant role in promoting and funding initiatives that contribute positively to various sectors of society.

Who is the CEO of Public Property Financing Corporation Of California?

Stefan A Morton is the Treasurer of Public Property Financing Corporation Of California.

What is the revenue of Public Property Financing Corporation Of California?

Public Property Financing Corporation Of California's revenue in 2022 was $94,000.

Who are the executives of Public Property Financing Corporation Of California and what are their salaries?


Here are 5 key members and their salaries:


William Morton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefan A Morton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William J Fawell (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Dewar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Laubach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Public Property Financing Corporation Of California?

Public Property Financing Corporation Of California's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Public Property Financing Corporation Of California

The Public Property Financing Corporation of California serves a crucial role in aiding California public agencies by acting as a counterparty in financing agreements for the acquisition or improvement of both real and personal property, ultimately contributing to the public benefit. This organization is dedicated to supporting public welfare, charitable, and educational purposes, aligning its mission with the betterment of the community. Furthermore, Public Property Financing Corporation of California extends its assistance to non-profit organizations that focus on public welfare, charitable, and educational purposes by providing funds through grants and donations.

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Impact




October, 2024

Public Property Financing Corporation of California significantly impacts public welfare and the development of essential community infrastructure. By serving as a counterparty to financing agreements, it facilitates the acquisition and improvement of both real and personal property for the benefit of California public agencies. This support helps local governments acquire necessary facilities and resources, thereby enhancing services to the community.

In addition to its direct financial assistance, the corporation also extends its impact through grants and donations to nonprofit organizations that align with its mission of supporting charitable and educational purposes. This enables a broader range of projects and initiatives that contribute to the public good, fostering improvements in education, community services, and overall quality of life across California. The organization’s emphasis on public benefit underscores its role in addressing pressing community needs and promoting social welfare within the state.




This information is meant to be a general summary of Public Property Financing Corporation Of California. 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.

Revenue
$94,000 (2022)
Expenses
$147,204 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $94,000
  • Gross Receipts: $94,000

Assets and Liabilities:

  • Total Assets: $108,060
  • Total Liabilities: $0
  • Net Assets: $108,060

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Organization Details

Principal Officer

Stefan A Morton

Main Address

2945 TOWNSGATE ROAD SUITE 200, WESTLAKE VILLAGE, CA, 91361

NTEE Category

Code: Z99Z - Unknown

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