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Tsf Properties

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

EIN: 912016094 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Tsf Properties?

Tsf Properties serves as a supporting organization to the Seattle Foundation, operating with the primary mission of managing and disposing of donated real estate and non-cash assets. Their primary function is to receive, hold, and subsequently sell these donations, with the proceeds directly benefiting the Seattle Foundation. As a type I supporting organization under IRC section 509(a)(3), Tsf Properties plays a crucial role in providing essential services to the Seattle Foundation, contributing to its overall mission and objectives. Based in Seattle, Washington, the organization operates within the confines of the city, furthering the cause of the Seattle Foundation.

Is Tsf Properties legitimate?

Tsf Properties is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tsf Properties 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 Tsf Properties?

Tsf Properties serves as a supporting organization to Seattle Foundation, operating under IRC Section 509(A)(3). Its primary mission is to provide essential services to Seattle Foundation by managing donations of real property and other non-cash contributions. Upon the sale of these donations, Tsf Properties distributes the proceeds directly to Seattle Foundation. This organization plays a crucial role in supporting Seattle Foundation's initiatives and missions by facilitating the acceptance and utilization of various types of contributions.

Who is the CEO of Tsf Properties?

Stephen Andryszewski is the Trustee of Tsf Properties.

What is the revenue of Tsf Properties?

Tsf Properties's revenue in 2022 was $489.

Who are the executives of Tsf Properties and what are their salaries?

There 5 volunteers at Tsf Properties.


Here are 13 key members and their salaries:


Ed Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Levinger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Hall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alesha Washington (President (Eff. 5/22))
  • Compensation: $0
  • Related: $312,969
  • Other: $17,651
David Bley (President (Thru 6/22))
  • Compensation: $0
  • Related: $243,793
  • Other: $7,170
Josephine Wong (Vice President/Treasurer)
  • Compensation: $0
  • Related: $270,050
  • Other: $21,958
Stephanie Mclemore Bray (Additional Vice President)
  • Compensation: $0
  • Related: $244,572
  • Other: $25,176
Kristine Hermanns (Additional Vice President)
  • Compensation: $0
  • Related: $251,250
  • Other: $20,949
Mariel Turner-Tamiyasu (Secretary)
  • Compensation: $0
  • Related: $101,625
  • Other: $13,129
Michele Frix Dassell (Secretary)
  • Compensation: $0
  • Related: $214,756
  • Other: $33,113
Nancy Saelee (Assistant Secretary (Thru 2/22))
  • Compensation: $0
  • Related: $21,488
  • Other: $3,471
Where can I find the form 990 for Tsf Properties?

Tsf Properties's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tsf Properties

Tsf Properties, functioning as a supporting organization under Seattle Foundation, is structured and operated with a specific purpose. As a Type I supporting organization under IRC Section 509(A)(3), Tsf Properties' primary mission is to provide essential services to Seattle Foundation. These services primarily involve receiving, holding, and disposing of donations of real property and other non-cash donations on behalf of Seattle Foundation. Upon the sale of these non-cash donations, Tsf Properties distributes the sale proceeds directly to Seattle Foundation. This role allows Tsf Properties to contribute significantly to Seattle Foundation's operations, ultimately supporting its mission and charitable initiatives.

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Impact




October, 2024

Tsf Properties plays a vital role in the philanthropic landscape by facilitating the effective management of noncash donations, primarily real estate, for the Seattle Foundation. By receiving, holding, and disposing of these assets, Tsf Properties ensures that valuable resources are efficiently converted into financial support for various charitable initiatives.

The organization's operations directly enhance the Seattle Foundation's capacity to fund important community projects and services. Upon the sale of donated properties, Tsf Properties reallocates the proceeds to the Seattle Foundation, thus bolstering its resources and enabling a broader impact on local philanthropy.

By streamlining the donation process and handling real estate transactions, Tsf Properties not only simplifies the giving experience for donors but also maximizes the potential benefits for the community. This strategic support underscores the importance of collaboration within the philanthropic sector, ultimately leading to increased funding for programs that address pressing societal needs in Seattle and beyond.




This information is meant to be a general summary of Tsf Properties. 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
$489 (2022)
Expenses
$3,699 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $114
  • Gross Receipts: $489

Assets and Liabilities:

  • Total Assets: $3,960
  • Total Liabilities: $20,000
  • Net Assets: -$16,040

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Organization Details

Founding Year

2000

Principal Officer

Stephen Andryszewski

Main Address

1601 FIFTH AVENUE 1900, SEATTLE, WA, 98101

NTEE Category

Code: T113 - Philanthropy

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