THE CORPORATION IS ORGANIZED AND MUST BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE CITY OF FEDERAL WAY, A MUNICIPAL CORPORATION OF THE STATE OF WASHINGTON ("CITY OF FEDERAL WAY"), WHICH IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(1) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.
Reported officers (all unpaid)
No paid executives reported in 2023. FW PAEC QALICB reported 3 unpaid officers and board members on its 990.
What Public & Societal Benefit executives earn in Washington
FW PAEC QALICB reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable public & societal benefit organization in Washington earns a median of $63,494.
These are public & societal benefit sector-wide figures, not this organization's reported pay. Based on 60 organizations across 60 filings (2023 – 2024).
See full Public & Societal Benefit pay data for Washington →Common questions about FW PAEC QALICB
What are FW PAEC QALICB's revenue and expenses?
In 2023, FW PAEC QALICB reported $365k in total revenue and $1.3M in total expenses on its IRS Form 990.
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