Mission
TO PROVIDE FINANCIAL ASSISTANCE TO THE CITY OF PALO ALTO BY FINANCING, ACQUIRING, CONSTRUCTING, IMPROVING, LEASING AND SELLING PROPERTY EQUIPMENT AND OTHER PUBLIC IMPROVEMENT PROJECTS.
Public Charity
PALO ALTO PUBLIC IMPROVEMENT CORPORATION
PALO ALTO PUBLIC IMPROVEMENT CORPORATION, of PALO ALTO, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $4.3M in revenue, $4.3M in expenses, $148.8M in total assets.
EIN: 770001048
PALO ALTO, CA
Latest filing: 2025
Total Revenue$4.3M
Total Expenses$4.3M
Total Assets$148.8M
Grant Records0
Filing Years2021–2025
Where $100 goes at Palo Alto Public Improvement Corporation
How Palo Alto Public Improvement Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
The purpose of the corporation is to improve and repair the Palo Alto civic center, golf course, to construct california avenue parking garage and lease the improvements to…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
COUNCIL MEMBER
Edward Lauing
COUNCIL MEMBER
Greer B Stone
COUNCIL MEMBER
Greg Tanaka
COUNCIL MEMBER
Julie Lythcott-Haims
COUNCIL MEMBER
Lydia Kou
COUNCIL MEMBER
Patrick J Burt
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.3M | $4.3M | $148.8M |
| 2024 | $4.5M | $4.4M | $152.4M |
| 2023 | $2.9M | $4.3M | $155.8M |
| 2022 | $1.7M | $4.8M | $158.8M |
| 2021 | $8.6M | $4.0M | $163.1M |
Between 2021 and 2025, reported annual revenue declined from $8.6M to $4.3M (-50%), with total assets most recently reported at $148.8M.
Interactive year-over-year charts and full filing details available with membership.