PIKE PLACE MARKET QB3
85 PIKE STREET NO 500, SEATTLE, WA 98101

Total Revenue
$392,612
Total Expenses
$1,048,468
Net Assets
$15,280,074

Organizations Filed Purposes: PIKE PLACE MARKET QB3 IS A WASHINGTON STATE NONPROFIT CORPORATION FORMED IN 2016 TO OBTAIN FUNDS UNDER THE NMTC PROGRAM, WHICH COMMENCED IN 2016. PIKE PLACE MARKET PDA IS SOLE CORPORATE MEMBER OF PPM QB3. DURING 2016, PDA LEASED COMMERCIAL SPACE RELATED TO MARKETFRONT PROJECT TO PPM QB3 FOR PURPOSES OF RENOVATING AND REHABILITATING THEM THROUGH THE NMTC FINANCING PROGRAM. SIMULTANEOUSLY, PPM QB3 SUBLEASED THE SPACE BACK TO THE PDA WITH A TERM EXPIRING ON DECEMBER 2051. CONSTRUCTION ENDED ON JUNE 1ST, 2017, AND PPM QB3 HAS COLLECTED MASTER LEASE PAYMENTS FROM PIKE PLACE MARKET PDA FOR THE ENTIRE YEAR.

FINANCING ACTIVITY

OPERATING ACTIVITY

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Lilian ShermanGOVERNOR1$0
Mary BacarellaEXECUTIVE DIRECTOR1$0
Gloria SkougeGOVERNOR1$0
Bruce BurgerGOVERNOR1$0
Jackson SchmidtGOVERNOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202012169349300746_public.xml