PEACE RIVER CENTER PROPERTIES II INC
PO BOX 1559, BARTOW, FL 338311559

Total Revenue
$141,300
Total Expenses
$385,046
Net Assets
$519,795

Organizations Filed Purposes: TO CONSTRUCT, OWN AND OPERATE OR CONTRACT TO OPERATE A CRISIS CAMPUS WITH AN IN-PATIENT CRISIS STABILIZATION UNIT AND AN OUT-PATIENT SERVICE FACILITY.

TO CONSTRUCT, OWN AND OPERATE OR CONTRACT TO OPERATE A CRISIS CAMPUS.

THE ORGANIZATION FACILITATED PEACE RIVER CENTER'S EFFORT IN OBTAINING NEW MARKETS TAX CREDIT FUNDING FOR THE CONSTRUCTION OF A CRISIS CAMPUS IN LAKELAND, FLORIDA. THE NMTC PROGRAM PERMITS TAXPAYERS TO CLAIM A CREDIT AGAINST FEDERAL INCOME TAXES FOR QUALIFIED EQUITY INVESTMENTS (QEI) IN DESIGNATED COMMUNITY DEVELOPMENT ENTITIES (CDES). THESE DESIGNATED CDES MUST USE SUBSTANTIALLY ALL (85%) OF THE PROCEEDS TO MAKE QUALIFIED LOW-INCOME COMMUNITY INVESTMENTS (QLICI). THE TAXPAYING INVESTOR IS PROVIDED WITH A TAX CREDIT WHICH IS CLAIMED OVER A SEVEN-YEAR PERIOD.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Edward WeedDIRECTOR2$0
Bruno DezayasDIRECTOR2$0
Mary Kay LangfordDIRECTOR2$0
Peter GolotkoDIRECTOR2$0
David TournadeVICE PRESIDENT/TREASURER2$0
J William GardamPRESIDENT/SECRETARY2$0
Michael Micallef JrCHAIR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202031069349300108_public.xml