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Srcs Building Company

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201465061 ✦ Monticello, MN ✦ Designated as a 501(c)(3)

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Overview

What is Srcs Building Company?

Srcs Building Company is a corporation primarily focused on real estate, specifically in Monticello, Minnesota. The company's mission is to acquire, enhance, construct, and maintain a property, which is leased to Swan River Montessori Charter School. The company's primary activity involves renting out these buildings to the school, thereby contributing to the educational sector.

Is Srcs Building Company legitimate?

Srcs Building Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Srcs Building Company submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Srcs Building Company?

Srcs Building Company's mission is centered around acquiring, improving, constructing, and owning a site, which is then leased to the Swan River Montessori Charter School. The company's primary activity involves operating and renting these buildings to the school, effectively contributing to the educational facilities available for the students. This mission underscores Srcs Building Company's commitment to supporting the educational needs of the community, specifically through its partnership with Swan River Montessori Charter School.

Who is the CEO of Srcs Building Company?

Rick Freese is the Board Chair of Srcs Building Company.

What is the revenue of Srcs Building Company?

Srcs Building Company's revenue in 2022 was $220,517.

Who are the executives of Srcs Building Company and what are their salaries?

There 3 volunteers at Srcs Building Company.


Here are 4 key members and their salaries:


Rick Freese (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Cotton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Brockman (Director)
  • Compensation: $0
  • Related: $38,472
  • Other: $2,716
Matthew Savage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Srcs Building Company?

Srcs Building Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Srcs Building Company

Srcs Building Company, established with a specific purpose, is dedicated to acquiring, improving, constructing, and owning the site that is leased to Swan River Montessori Charter School. The company's mission is to provide a suitable and functional space for the school to operate and conduct its educational activities. By acquiring and improving the site, Srcs Building Company ensures that Swan River Montessori Charter School has a conducive environment for its students' learning and growth. The company's role is instrumental in providing a stable and long-term solution for the school's property needs, enabling it to focus on its primary mission of educating children using the Montessori method.

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Impact




October, 2024

Srcs Building Company significantly enhances the educational landscape in Monticello, MN, by providing a dedicated facility for the Swan River Montessori Charter School. Through the acquisition, improvement, and construction of educational buildings, the company creates a conducive learning environment that supports the unique Montessori approach to education. This focus on quality infrastructure not only facilitates effective teaching and learning but also fosters community engagement and access to educational opportunities. By operating and renting these buildings, Srcs Building Company plays a crucial role in sustaining and promoting educational initiatives that benefit students and families in the area.




This information is meant to be a general summary of Srcs Building Company. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$220,517 (2022)
Expenses
$235,390 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $150
  • Program Service Revenue: $198,380
  • Gross Receipts: $220,517

Assets and Liabilities:

  • Total Assets: $1,320,761
  • Total Liabilities: $1,834,964
  • Net Assets: -$514,203

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$198,380

Organization Details

Founding Year

2004

Principal Officer

Rick Freese

Main Address

500 MAPLE STREET, MONTICELLO, MN, 55362

NTEE Category

Code: B19 - Education

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