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Pike Place Market QB3

EIN: 81-1190481Seattle, WAZIP: 98101
501(c)(3)

Mission

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.

Financials

YearRevenueExpensesAssets
2022$107k$0$0

Compensation

Erica Bates
Director
director (operational)
$0
$0
$0
$0
Mary Bacarella
Executive Director
chief executive officer
$0
$0
$0
$0

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Learn more

Data from IRS Form 990 filings (2022).