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.
Reported officers (all unpaid)
No paid executives reported in 2022. Pike Place Market QB3 reported 2 unpaid officers and board members on its 990.
Common questions about Pike Place Market QB3
What are Pike Place Market QB3's revenue and expenses?
In 2022, Pike Place Market QB3 reported $107k in total revenue and $298k in total expenses on its IRS Form 990.
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