Fiscal year ending 2023. Filed on March 4, 2024.
85 Pike Street Suite 500
Seattle, Washington 98101
Pike Place Market QB3 (EIN: 81-1190481) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Pike Place Market QB3, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $82,511. The highest compensated employee at Pike Place Market QB3 is Mary Bacarella with fiscal year 2023 compensation of $89,406.
Revenue
Expenses
Employee compensation
No board members were reported during this fiscal year.
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 $416,438 OF MASTER LEASE PAYMENTS FROM PIKE PLACE MARKET PDA FOR THE ENTIRE YEAR.
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