Organizations Filed Purposes:
TO ACQUIRE AND LEASE REAL OR PERSONAL PROPERTY THAT IS SUBJECT TO CERTAIN RESTRICTIONS AND LIMITATIONS FOR THE BENEFIT OF THE LAS VEGAS-CLARK COUNTY LIBRARY DISTRICT.
THE EAST LAS VEGAS QALICB OBTAINED FINANCING IN AN ARRANGED STRUCTURE UNDER THE NEW MARKETS TAX CREDIT PROGRAM (NMTC). AS A RESULT OF PARTICIPATING IN THE NMTC PROGRAM, EAST LAS VEGAS QALICB ENTERED INTO TWO NOTES PAYABLE, WHICH ARE SECURED BY A DEED OF TRUST AND ASSIGNMENTS OF LEASES AND RENTS. BOTH OF THESE NOTES BEAR INTEREST AT 1.20296% AND ARE PAYABLE THEREAFTER THROUGH JULY 25, 2057. THE EXPENSES IN FISCAL YEAR 2020 WERE INTEREST ON THE TWO LOANS AND DEPRECIATION.
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 |
Floresto Cabias | PRESIDENT | 0 | $0 |
Michael Saunders | DIRECTOR | 0 | $0 |
Felipe Ortiz | DIRECTOR | 0 | $0 |
Senator Mo Denis | DIRECTOR | 0 | $0 |
Keiba Crear | SECRETARY-TREASURER | 0 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202141069349300819_public.xml