E C S V REAL ESTATE
1399 SANTEE DRIVE, SAN JOSE, CA 95122 educaresv.org

Total Revenue
$265,409
Total Expenses
$747,848
Net Assets
$2,741,241

Organizations Filed Purposes: THE PRIMARY FUNCTION IS TO OPERATE AND SUBLEASE AN EDUCATION FACILITY LOCATED IN SAN JOSE, CA TO ECSV. THE ORGANIZATION RECEIVED LOANS TO CONSTRUCT THE BUILDING VIA A NEW MARKETS TAX CREDIT FINANCING TRANSACTION.

THE PRIMARY FUNCTION IS TO OPERATE AND SUBLEASE TO E.C.S.V. AN EDUCATION FACILITY IN SAN JOSE.

ECSV REAL ESTATE (THE ORGANIZATION") WAS FORMED FOR THE BENEFIT OF EDUCARE CALIFORNIA AT SILICON VALLEY ("ECSV"). ECSV IS A NONPROFIT, 501(C)(3) ORGANIZATION WHOSE MISSION IS TO BUILD AND OPERATE AN EARLY LEARNING CENTER IN SAN JOSE, CALIFORNIA TO HELP ENSURE THAT THE CHILDREN THEREBY SERVED WILL SUCCEED IN SCHOOL AND LATER LIFE. ECSV OFFERS CURRICULA AND PROGRAMS FOCUSED ON DELIVERING BEST PRACTICES IN EARLY CHILDHOOD DEVELOPMENT AND EDUCATION. THE PURPOSE OF THIS ORGANIZATION IS TO SERVE AS A SUPPORTING ORGANIZATION FOR ECSV. THE ORGANIZATION PARTICIPATED IN A NEW MARKETS TAX CREDIT TRANSACTION THAT PROVIDED FUNDS TO FINANCE THE CONSTRUCTION AND DEVELOPMENT OF A FACILITY LOCATED IN SAN JOSE, CALIFORNIA. CONSTRUCTION WAS COMPLETED IN AUGUST 2015 AND THE ORGANIZATION COMMENCED LEASING THE FACILITY TO ECSV FOR ECSV TO SERVE APPROXIMATELY 164 CHILDREN AGES BIRTH TO 5 AND THEIR FAMILIES IN A MODEL EARLY LEARNING SCHOOL. CLASSROOM SERVICES WERE PROVIDED BY THE SANTA CLARA COUNTY OFFICE OF EDUCATION (SCCOE) AND KIDANGO, AND FUNDED WITH FEDERAL, STATE AND LOCAL FUNDING SOURCES. FACILITY COSTS WERE SHARED BY SCCOE (52%), KIDANGO (24%), AND FIRST 5 SANTA CLARA COUNTY (24%) BASED ON SQUARE FOOTAGE USED AT THE FACILITY.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Shannon Hunt-ScottGOVERNANCE BOARD MEMBER1$0
Andrew GilesSITE DIRECTOR10$0
Shawn GerthEXECUTIVE DIRECTOR5$0
Jason VannGOVERNANCE BOARD MEMBER1$0
Jeff SunshineGOVERNANCE BOARD MEMBER1$0
Jolene SmithSECRETARY1$0
Chris FunkTREASURER1$0
Juan CruzVICE CHAIR1$0
Mary Ann DewanCHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202131309349301023_public.xml