Clpl Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 05/2004
- Data as of
- 12/2015
- EIN
- 65-1187807
Organization Overview
Clpl Inc is located in Seattle, WA. The organization was established in 2004. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clpl Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2015
Describe the Organization's Program Activity:
Part 3
FUNDING MORTGAGE LOAN THROUGH CONSTRUCTION DRAWS AND CHARGING INTEREST FOR THE LOAN. THE LOAN WAS BEING USED TO DEVELOP A CONDOMINIUM PROJECT. THE DEVELOPER WAS UNABLE TO COMPLETE THE PROJECT DURING THE 2007-2008 FINANCIAL CRISIS. CLPL, INC. FORECLOSED ON THE PROJECT AND THE PROJECT WAS SOLD. THE SENIOR LENDER WAS ENTITLED TO ALL PROCEEDS FROM SALE. CLPL, INC. THEREFORE EXPERIENCED A COMPLETE WRITE OFF IN A PRIOR PERIOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory A Carlson President | 0.1 | $0 | |
Russell J Smith Secretary & Treasurer | 0.1 | $0 | |
Patrick S Malley Vice President | 0.1 | $0 | |
Tup Fisher Vice President | 0.1 | $0 | |
James L Mason Vice President | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
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