Organizations Filed Purposes:
NORTH TAHOE BUILDING CORPORATION HAS AN INSTALLMENT SALE AGREEMENT WITH THE NORTH TAHOE PUBLIC UTILITY DISTRICT FOR THE AMOUNT OF $4.5 million dollars FOR THE PURPOSE OF FINANCING THE COSTS OF THE district's WATER SYSTEM. THE DISTRICT IS RESPONSIBLE FOR OPERATIONS AND MANAGEMENT AS PER THE INSTALLMENT SALE AGREEMENT. INSTALLMENT PAYMENTS ARE MADE BY THE DISTRICT SEMIANNUALLY INCLUDING INTEREST AS SET IN THE AGREEMENT. Principal repayment begins in August 2013 and concludes on February 1, 2026. THE NORTH TAHOE BUILDING CORPORATIONs sole purpose IS to provide financing for the District's projects.
THIS ENTITY PROVIDES CONSTRUCTION FINANCING FOR NORTH TAHOE PUBLIC UTILITY DISTRICT A 501(C)(1) ORGANIZATION. THIS ENTITY ISSUES DEBT AND RECEIVES PRINCIPAL AND INTEREST FROM THE OPERATING ENTITY.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Vanetta N Van Cleave | CFO | 0 | $0 |
| Sarah Coolidge | Vice President | 2.5 | $0 |
| Alex Mourelatos | Director | 2.5 | $0 |
| Phil Thompson | President | 2.5 | $0 |
| Susan Daniels | Secretary | 2.5 | $0 |
| Tim Ferrell | BOARD MEMBER | 2.5 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202001499349301205_public.xml