Overview
What is Napa County Public Improvement Corporation?
Napa County Public Improvement Corporation, based in Napa, California, serves as a financing agent for the county's construction projects. The organization played a significant role in the 2014 project, funding the acquisition of land and improvement of capital facilities through the issuance of Certificates of Participation (COP). The 2014 COP involved an initial principal payment of $1,700,000 and a depreciation expense of $735,637 for that year. The corporation's activities are focused on supporting the county's infrastructure development, contributing to its growth and betterment.
Official website here: www.countyofnapa.org
Is Napa County Public Improvement Corporation legitimate?
Napa County Public Improvement Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Napa County 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:
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Official website here: www.countyofnapa.org
What is the mission statement of Napa County Public Improvement Corporation?
The Napa County Public Improvement Corporation serves as a financing agent for the county's construction projects. Its primary role is to facilitate the funding of various infrastructure projects within the county. This involves managing the financial aspects of these projects, including interest payments, administrative fees, and depreciation. In 2014, the corporation issued Certificates of Participation (COP) to finance the acquisition of land and the improvement of capital facilities. The COP, worth $1,700,000, also included depreciation expenses of approximately $735,637 during that year.
Official website here: www.countyofnapa.org
Who is the CEO of Napa County Public Improvement Corporation?
Tracy A Schulze is the President of Napa County Public Improvement Corporation.
Official website here: www.countyofnapa.org
What is the revenue of Napa County Public Improvement Corporation?
Napa County Public Improvement Corporation's revenue in 2022 was $6,750,206.
Official website here: www.countyofnapa.org
Who are the executives of Napa County Public Improvement Corporation and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.countyofnapa.org
Where can I find the form 990 for Napa County Public Improvement Corporation?
Napa County Public Improvement Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.countyofnapa.org
Learn more at the official website: www.countyofnapa.org
Mission Statement of Napa County Public Improvement Corporation
Napa County Public Improvement Corporation serves as a financing agent for the county's construction projects. Its primary purpose is to facilitate the acquisition of land and the improvement of capital facilities for the county. This is achieved through the issuance of Certificates of Participation (COP), as demonstrated by the 2014 COP that was issued on April 1, 2014. The expenses associated with this COP include interest, administrative fees, and depreciation, with the principal payment amounting to $1,700,000 and the depreciation for the year reaching $735,637. In essence, Napa County Public Improvement Corporation plays a crucial role in financing the county's construction projects, thereby contributing to the development and improvement of the community's infrastructure.
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Impact
October, 2024
The Napa County Public Improvement Corporation plays a vital role in supporting the development and enhancement of infrastructure within Napa County. By acting as a financing agent for the county's construction projects, it facilitates essential improvements that contribute to the community's overall well-being.
Through its activities, the corporation has enabled significant projects, including the acquisition of land and the enhancement of capital facilities. For instance, the 2014 Certificates of Participation (COP) issued on April 1, 2014, amounted to $1,700,000 and covered various expenses associated with these improvements. The corporation's financial efforts also encompass administrative fees and depreciation costs, totaling $735,637 for the year associated with the 2014 COP.
Overall, the Napa County Public Improvement Corporation directly impacts the community by ensuring that crucial infrastructure projects are funded and executed, ultimately leading to a better quality of life for residents and fostering growth and development within the region.
This information is meant to be a general summary of Napa County 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: $38
- Gross Receipts: $6,750,206
Assets and Liabilities:
- Total Assets: $36,006,018
- Total Liabilities: $3,605,000
- Net Assets: $32,401,018
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Organization Details
Founding Year
1987
Phone
(707) 253-4551Principal Officer
Tracy A Schulze
Main Address
1195 Third Street B-10, Napa, CA, 94559
Website
www.countyofnapa.orgNTEE Category
Code: S20 - Community improvement
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