Place (Projects Linking Art Community & Environment)
990 • Fiscal year 2012 • EIN 20-4361698
Scores are not available for this record yet.
Assets
Flat$4,015,700
Flat from 2012
Net Assets
Flat$1,669,778
Flat from 2012
Liabilities
Flat$2,345,922
Flat from 2012
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$291,827
Flat from 2012
Net Income
-
No earlier filing loaded for comparison.
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
- Signed
- Nov 14, 2013
- Return Version
- 2012v2.1
- Gross Receipts
- $255,142
Mission
Place is a national nonprofit organization that helps communities create state-of-the-art buildings and more, entire neighborhoods that bring together the arts, environmentalism and social justice.
Filer
- EIN
- 20-4361698
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| IRS990/ActivityOrMissionDescription | 0 | TO BUILD A SUSTAINABLE, JUST, AND INSPIRING WORLD, ONE COMMUNITY AT A TIME. |
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| IRS990/Description | 0 | PLACE WORKS WITH LOCAL GOVERNMENTS, FOUNDATIONS, AND COMMUNITY MEMBERS TO CREATE SUSTAINABLE, AFFORDABLE, MIXED-USE, MIXED-INCOME NEIGHBORHOODS FOR ARTISTS, UNDER-SERVED POPULATIONS FACING VARIOUS LIFE CHALLENGES, NONPROFIT ORGANIZATIONS, AND CREATIVE BUSINESSES. WITH PLACE'S GUIDANCE, THESE NEIGHBORHOODS WILL BE CREATED WITH VIGOROUS PUBLIC DIALOG, BUILT TO THE HIGHEST ENVIRONMENTAL STANDARDS, AND FILLED WITH PEOPLE FROM ALL BACKGROUNDS AND ECONOMIC CIRCUMSTANCES. THE PLACE TEAM ASSISTS ITS COMMUNITIES WITH EVERY ASPECT OF THE PROJECT FROM VISIONING TO PLANNING, FROM DESIGN TO FUNDING, FROM CONSTRUCTION TO SERVICE COORDINATION AND PROJECT MAINTENANCE. |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | CHRIS VELASCO (PRESIDENT) AND ELIZABETH BOWLING (FOUNDING BOARD MEMBER) HAVE A FAMILY RELATIONSHIP. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | FORM 990 WILL BE REVIEWED IN DETAIL BY THE PRESIDENT AND TREASURER, AND WILL BE CIRCULATED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | THE PROCESS FOR EXECUTIVE COMPENSATION REVIEW HAS NOT OCCURRED IN THREE YEARS DUE TO THE FINANCIAL POSITION OF THE ORGANIZATION. IN THE PAST, THE PRESIDENT/EXECUTIVE DIRECTOR MAKES A REQUEST AND PRESENTS DATA, HE AND ELIZABETH BOWLING RECUSE THEMSELVES FROM BOARD DISCUSSIONS, THE BOARD REVIEWS THE DATA AND CONDUCTS A PERFORMANCE REVIEW DISCUSSION AND INDEPENDENT INVESTIGATION OF COMPENSATION, MINUTES ARE PRESERVED AND THE BOARD THEN VOTES. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 67,475. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,475. |
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| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990ScheduleR/Form990ScheduleRPartIII/DirectControllingEntityName/BusinessNameLine1 | 0 | WAV PARTNERS LLC |
| IRS990ScheduleR/Form990ScheduleRPartIII/DirectControllingEntityName/BusinessNameLine1 | 1 | CREST OF THE WAV PARTNERS LLC |
| IRS990ScheduleR/Form990ScheduleRPartIII/DisproportionateAllocations | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartIII/DisproportionateAllocations | 1 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartIII/EIN | 0 | 261911591 |
| IRS990ScheduleR/Form990ScheduleRPartIII/EIN | 1 | 261911486 |
| IRS990ScheduleR/Form990ScheduleRPartIII/GeneralOrManagingPartner | 0 | 1 |
| IRS990ScheduleR/Form990ScheduleRPartIII/GeneralOrManagingPartner | 1 | 1 |
| IRS990ScheduleR/Form990ScheduleRPartIII/LegalDomicileState | 0 | CA |
| IRS990ScheduleR/Form990ScheduleRPartIII/LegalDomicileState | 1 | CA |
| IRS990ScheduleR/Form990ScheduleRPartIII/NameOfRelatedOrg/BusinessNameLine1 | 0 | WAV APARTMENRS PARTNERS LP |
| IRS990ScheduleR/Form990ScheduleRPartIII/NameOfRelatedOrg/BusinessNameLine1 | 1 | WAV CONDOMINIUMS LLC |
| IRS990ScheduleR/Form990ScheduleRPartIII/PercentageOwnership | 0 | 0.50000 |
| IRS990ScheduleR/Form990ScheduleRPartIII/PercentageOwnership | 1 | 0.50000 |
| IRS990ScheduleR/Form990ScheduleRPartIII/PredominantIncomeType | 0 | RELATED |
| IRS990ScheduleR/Form990ScheduleRPartIII/PredominantIncomeType | 1 | RELATED |
| IRS990ScheduleR/Form990ScheduleRPartIII/PrimaryActivity | 0 | HOUSING - APTS |
| IRS990ScheduleR/Form990ScheduleRPartIII/PrimaryActivity | 1 | HOUSING - CONDOMINIUM SALES |
| IRS990ScheduleR/Form990ScheduleRPartIII/ShareOfEOYAssets | 0 | 3466206 |
| IRS990ScheduleR/Form990ScheduleRPartIII/ShareOfEOYAssets | 1 | 1360094 |
| IRS990ScheduleR/Form990ScheduleRPartIII/ShareOfTotalIncome | 0 | 13989 |
| IRS990ScheduleR/Form990ScheduleRPartI/LegalDomicileState | 0 | CA |
| IRS990ScheduleR/Form990ScheduleRPartI/LegalDomicileState | 1 | CA |
| IRS990ScheduleR/Form990ScheduleRPartI/NameOfDisregardedEntity/BusinessNameLine1 | 0 | WAV PARTNERS LLC |
| IRS990ScheduleR/Form990ScheduleRPartI/NameOfDisregardedEntity/BusinessNameLine1 | 1 | CREST OF THE WAY PARTNERS LLC |
| IRS990ScheduleR/Form990ScheduleRPartI/PrimaryActivities | 0 | RENTAL REAL ESTATE |
| IRS990ScheduleR/Form990ScheduleRPartI/PrimaryActivities | 1 | RENTAL REAL ESTATE |
| IRS990ScheduleR/Form990ScheduleRPartI/TotalIncome | 0 | 13989 |
| IRS990ScheduleR/Form990ScheduleRPartI/TotalIncome | 1 | 0 |
| IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg | 0 | 0 |
| IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrg | 0 | 0 |
| IRS990ScheduleR/OtherTransferFromOtherOrg | 0 | 0 |
| IRS990ScheduleR/OtherTransferToOtherOrg | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgs | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOtherOrgs | 0 | 0 |
| IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrg | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrg | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs | 0 | 0 |
| IRS990ScheduleR/SaleOfAssetsToOtherOrg | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilities | 0 | 0 |
| IRS990ScheduleR/SharingOfPaidEmployees | 0 | 0 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 0 | WAV APARTMET PARTNERS LP |
| IRS990/School | 0 | 0 |
| IRS990/SignificantChange | 0 | 0 |
| IRS990/SignificantNewProgramServices | 0 | 0 |
| IRS990/StateLegalDomicile | 0 | MN |
| IRS990/StatesWhereCopyOfReturnIsFiled | 0 | MN |
| IRS990/SubjectToProxyTax | 0 | 0 |
| IRS990/TaxablePartyNotification | 0 | 0 |
| IRS990/TaxExemptBonds | 0 | 0 |
| IRS990/TemporarilyRestrictedNetAssets/BOY | 0 | 1217 |
| IRS990/TemporarilyRestrictedNetAssets/EOY | 0 | 2686 |
| IRS990/Terminated | 0 | 0 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $4,015,700
- Liabilities
- $2,345,922
- Net assets
- $1,669,778
- Revenue
- -
- Expenses
- $291,827
- Net income
- -