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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Palm Beach Industrial Park Ii Inc.

Palm Beach Industrial Park Ii Inc.

Fiscal year ending 2024. Filed on November 5, 2025.

PO Box 14486
North Palm Beach, Florida 33408

Palm Beach Industrial Park Ii Inc. (EIN: 37-1732764) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Palm Beach Industrial Park Ii Inc., a 501(c)(2) title-holding organization, reported compensation for 3 out of 3 total employees. Among the employees shown here, the average compensation is $168,714. The highest compensated employee at Palm Beach Industrial Park Ii Inc. is Gerhard Jakits with fiscal year 2024 compensation of $221,115.

Revenue, expenses, and employee compensation

Revenue

$654,266

Expenses

$202,190

Employee compensation

$196,871
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gerhard Jakits
President
$221,115
$62,343 $128,272 $30,500
George Stechel
Vice President
$176,849
$62,343 $91,605 $22,901
Michael Stechel
Secretary
$108,177
$62,343 $36,667 $9,167

Benchmark Employee Compensation

Mission Statement

TO HOLD TITLE TO REAL PROPERTY AND TURN OVER PROFITS FROM THE RENTAL ACTIVITY TO THE PARENT EXEMPT ORGANIZATION; THE LEO, CLAIRE & ROBERT ADENBAUM FOUNDATION (EIN: 11-6013398).

Revisions to this organization profile

November 5, 2025:
2024 Palm Beach Industrial Park Ii Inc. 990 filed
February 21, 2025:
2023 Palm Beach Industrial Park Ii Inc. 990 filed
November 15, 2023:
2022 Palm Beach Industrial Park Ii Inc. 990 filed

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