Overview
What is Palo Alto Public Improvement Corporation?
The Palo Alto Public Improvement Corporation is a nonprofit entity, situated in Palo Alto, California. Its primary objective is to support the city by financing, acquiring, constructing, improving, leasing, and selling property, as well as other public improvement projects. Specifically, this organization aims to enhance and repair the Palo Alto Civic Center, golf course, and construct a parking garage on California Avenue. The purpose of these endeavors is to provide financial assistance to the city of Palo Alto, ultimately contributing to the overall improvement and development of the community.
Is Palo Alto Public Improvement Corporation legitimate?
Palo Alto Public Improvement Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Palo Alto Public Improvement 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Palo Alto Public Improvement Corporation?
The Palo Alto Public Improvement Corporation's mission is to offer financial aid to enhance and upgrade various public improvement projects within a city. This is achieved by financing, acquiring, constructing, improving, leasing, and selling property, equipment, and other public facilities. The primary objective of the corporation is to improve and repair the civic center, develop a parking garage on California Avenue, and lease these enhancements to the city. The corporation's main goal is to contribute to the city's growth and development by financing and executing public improvement projects.
Who is the CEO of Palo Alto Public Improvement Corporation?
Eric Filseth is the Council Member of Palo Alto Public Improvement Corporation.
What is the revenue of Palo Alto Public Improvement Corporation?
Palo Alto Public Improvement Corporation's revenue in 2022 was $1,679,598.
Who are the executives of Palo Alto Public Improvement Corporation and what are their salaries?
There 1 volunteer at Palo Alto Public Improvement Corporation.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $9,923
- Other: $29,198
- Compensation: $0
- Related: $9,125
- Other: $13,280
- Compensation: $0
- Related: $11,487
- Other: $19,527
- Compensation: $0
- Related: $15,410
- Other: $0
- Compensation: $0
- Related: $12,694
- Other: $21,480
- Compensation: $0
- Related: $14,686
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Palo Alto Public Improvement Corporation?
Palo Alto Public Improvement Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Palo Alto Public Improvement Corporation
The Palo Alto Public Improvement Corporation, in its mission, aims to offer financial assistance to the city of Palo Alto by undertaking various projects. Specifically, the corporation finances, acquires, constructs, improves, leases, and sells property, equipment, and other public improvement projects. The primary objective of this nonprofit organization is to enhance and repair the Palo Alto civic center, construct the California Avenue parking garage, and subsequently lease these improvements to the city of Palo Alto. By engaging in such activities, the Palo Alto Public Improvement Corporation contributes to the betterment of its city's public infrastructure and facilities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Palo Alto Public Improvement Corporation plays a crucial role in enhancing the infrastructure and quality of life in Palo Alto. By providing financial assistance, it enables the city to finance, acquire, construct, improve, lease, and sell properties and other public improvement projects. Key projects, such as the improvements to the Palo Alto Civic Center and the construction of the California Avenue Parking Garage, directly contribute to the city’s accessibility and functionality. Additionally, the corporation's activities support the maintenance and repair of important community facilities like the golf course. Overall, its impact fosters community development, ensures public resources are well-managed, and enhances the overall aesthetic and usability of public spaces in Palo Alto.
This information is meant to be a general summary of Palo Alto Public Improvement 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: $424
- Program Service Revenue: $1,679,174
- Gross Receipts: $1,679,598
Assets and Liabilities:
- Total Assets: $158,763,344
- Total Liabilities: $157,231,174
- Net Assets: $1,532,170
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL & LEASES
Revenue
$1,679,174
Organization Details
Founding Year
1983
Phone
(650) 329-2675Principal Officer
Eric Filseth
Main Address
250 HAMILTON AVENUE, PALO ALTO, CA, 943012531
NTEE Category
Code: W00 - Public benefit
If you are a representative of Palo Alto Public Improvement Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.