Saisd Historic Preservation Corporation

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

EIN: 841898124 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Saisd Historic Preservation Corporation?

The Saisd Historic Preservation Corporation, based in San Antonio, Texas, is a nonprofit organization dedicated to facilitating the rehabilitation of historically significant buildings within the San Antonio Independent School District (SAISD). This corporation operates under Texas law, with a primary focus on restoring certified historic structures within the district. By doing so, the organization aims to secure Texas historic tax credits through the Texas Tax Code Chapter 171, Subchapter S. These tax credits can then be sold to help finance the preservation efforts, representing a financially beneficial approach to historic preservation. The corporation functions as a separate entity, but it essentially operates as an extension of the SAISD's overall operations.

Is Saisd Historic Preservation Corporation legitimate?

Saisd Historic Preservation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saisd Historic Preservation 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 Saisd Historic Preservation Corporation?

The Saisd Historic Preservation Corporation, as a Texas-based nonprofit organization, is established with the primary mission of facilitating the rehabilitation of historic schools within the SAISD district. By undertaking these restoration projects, the corporation aims to qualify for and secure historic tax credits from the Texas Historical Commission. These tax credits can then be sold to help subsidize the costs associated with preserving these historical campuses. The corporation, functioning as a separate entity, is an integral part of the district's operations in preserving and maintaining its historical structures.

Who is the CEO of Saisd Historic Preservation Corporation?

Arthur V Valdez is the Principal Officer of Saisd Historic Preservation Corporation.

What is the revenue of Saisd Historic Preservation Corporation?

Saisd Historic Preservation Corporation's revenue in 2022 was $0.

Who are the executives of Saisd Historic Preservation Corporation and what are their salaries?


Here are 7 key members and their salaries:


Patti Radle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leticia Ozuna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Sebastian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Garza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Sorensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Valdez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Saisd Historic Preservation Corporation?

Saisd Historic Preservation Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Saisd Historic Preservation Corporation

The Saisd Historic Preservation Corporation, a Texas-based nonprofit organization, is established with a mission to facilitate the restoration of historic structures belonging to the San Antonio Independent School District (SAISD). This mission is driven by the corporation's aim to incur the costs associated with these rehabilitation projects and subsequently qualify for and receive historic tax credits as outlined in the Texas Tax Code Chapter 171, Subchapter S. The tax credits obtained can then be sold to help offset the costs of preserving these historic campuses. The corporation, known as the HPC, plays a significant role in the preservation of SAISD's historical buildings, contributing to the maintenance and upkeep of these cultural landmarks. The HPC's activities are intertwined with those of the District, forming part of its operations in substance, despite being legally distinct entities.

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Impact




October, 2024

The SAISD Historic Preservation Corporation plays a vital role in preserving the historical integrity of San Antonio Independent School District (SAISD) campuses. By facilitating rehabilitation projects for certified historic structures, it ensures that these significant buildings are maintained and revitalized. This preservation not only honors the cultural heritage of the community but also helps safeguard the architectural legacy for future generations.

Additionally, the Corporation's efforts enable the District to access Texas historic tax credits, which can be sold to offset costs associated with the restoration and maintenance of historic campuses. This financial mechanism not only supports the preservation work but also contributes to economic development within the community. Overall, the Corporation fosters a deeper appreciation for local history while enhancing the educational environment for students and residents alike.




This information is meant to be a general summary of Saisd Historic Preservation 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.

Revenue
$0 (2022)
Expenses
$6,861,608 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $4,777,343
    • Total Liabilities: $4,777,343
    • Net Assets: $0

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    Organization Details

    Founding Year

    2019

    Principal Officer

    Arthur V Valdez

    Main Address

    514 W Quincy St, San Antonio, TX, 78212

    NTEE Category

    Code: S30 - Community improvement

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