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Nonprofiteer
← WCHUB QALICB

Form 990 for tax year 2024

Filed by WCHUB QALICB.

Totals

Total revenue
$155,943
Total expenses
$9,594
Contributions and grants received
$1,000
Grants paid
$0
Program service revenue
$0
Investment income
$154,943
Other revenue
$0
Total assets, end of year
$31,886,380
Total liabilities, end of year
$31,740,031
Net assets or fund balances, end of year
$146,349
Program services expenses (Part IX)
$0
Management and general expenses
$9,594
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,000

  • 3 · Investment income

    total $154,943 · excluded $154,943

Functional expenses

Part IX, the statement of functional expenses.

  • 13 · Office expenses

    total $97 · management and general $97

  • 16 · Occupancy

    total $9,497 · management and general $9,497

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    end of year $21,620,890

  • 10a · Land, buildings and equipment: cost or other basis

    $10,005,938

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $10,005,938

  • 15 · Other assets

    beginning of year $0 · end of year $259,552

  • 17 · Accounts payable and accrued expenses

    end of year $1,866,705

  • 23 · Secured mortgages and notes payable

    end of year $29,613,449

  • 25 · Other liabilities

    beginning of year $0 · end of year $259,877

  • 27 · Net assets without donor restrictions

    end of year $146,349

Mission and programs · 2024

Mission

THE PURPOSE OF WCHUB QALICB IS TO EXCLUSIVELY SUPPORT AND BENEFIT, FINANCIALLY AND/OR OPERATIONALLY, WHITE CENTER COMMUNITY DEVELOPMENT ASSOCIATION.

Activities or mission (Part I)

SUPPORT AND BENEFIT, FINANCIALLY AND/OR OPERATIONALLY, WHITE CENTER COMMUNITY DEVELOPMENT ASSOCIATION

  • WCHUB QALICB ASSISTS WITH THE CONSTRUCTION AND DEVELOPMENT OF THE PROPERTY LOCATED AT 10829 8TH AVENUE, SW, SEATTLE, WA 98146 FOR FUTURE USE AS A COMMUNITY SERVICES CENTER. THERE ARE NO PROGRAM EXPENSES FOR THE CURRENT YEAR AS THE WCHUB QALICB IS CURRENTLY IN THE CONTRUCTION PHASE OF BUILDING THE WHITE CENTER HUB COMMUNITY CENTER. ALL COSTS ARE REFLECTED ON THE BALANCE SHEET.

As filed on the 2024 return.

Listed in Part VII

  • Sili Savusa

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1
  • Steve Daschle

    TREASURER

    Total calculated
    $0
    Hours/week
    0.1
  • Mason Cavell

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.1
  • Kalehua Kaapana Faletogo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2 related
  • Patricia Allen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2 related
  • Aaron Garcia

    EXECUTIVE DIRECTOR

    Total calculated
    $111,878
    From this org
    $0
    From related orgs
    $105,751
    Other
    $6,127
    Hours/week
    1 + 35 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
8 August 2025
IRS schema version
2024v5.2
Source object
202502239349301595

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