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Hsra Building Company

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

EIN: 270270417 ✦ St paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is Hsra Building Company?

Hsra Building Company is a nonprofit organization situated in St. Paul, Minnesota. Their primary mission is to acquire, own, construct, or lease a public schoolhouse on real estate, which they subsequently lease to High School for Recording Arts, a Minnesota-based public charter school. This school focuses on music production and related fields, providing a unique educational experience for its students. The organization's initiative aims to support the growth and development of this innovative educational institution.

Is Hsra Building Company legitimate?

Hsra Building Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hsra 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 Hsra Building Company?

The Hsra Building Company's primary mission is to support education by purchasing, owning, constructing, or leasing a public schoolhouse on real estate. This structure is then rented out to High School for Recording Arts, a Minnesota-based public charter school. The organization's goal is to contribute to the educational sector by providing a suitable learning environment for this school.

Who is the CEO of Hsra Building Company?

Darryl Young is the Chair of Hsra Building Company.

What is the revenue of Hsra Building Company?

Hsra Building Company's revenue in 2022 was $669,255.

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

There 3 volunteers at Hsra Building Company.


Here are 3 key members and their salaries:


Darryl Young (Chair)
  • Compensation: $0
  • Related: $53,454
  • Other: $4,572
Layne Bellamy (Member)
  • Compensation: $0
  • Related: $48,133
  • Other: $7,917
Maureen Foss (Member)
  • Compensation: $0
  • Related: $72,340
  • Other: $13,198
Where can I find the form 990 for Hsra Building Company?

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

Mission Statement of Hsra Building Company

Hsra Building Company's mission is centered around supporting a Minnesota-based public charter school, High School for Recording Arts (HSRA). This mission is primarily focused on purchasing, owning, constructing, or leasing a suitable building for HSRA to operate within. By providing a schoolhouse on lease, Hsra Building Company contributes to the educational growth and development of young individuals in the realm of recording arts. This mission aligns with the organization's dedication to enhancing educational opportunities and fostering the creative talents of the next generation.

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Impact




October, 2024

Hsra Building Company significantly impacts the educational landscape in St. Paul, Minnesota, by facilitating the establishment of a dedicated space for the High School for Recording Arts. By acquiring, constructing, or leasing a public schoolhouse, the organization ensures that this charter school can operate in a suitable environment designed specifically for its unique focus on recording arts. This initiative not only supports the school’s mission but also enhances educational opportunities for students interested in the music and recording industry. The presence of a tailored facility fosters creativity and innovation, ultimately contributing to the development of skilled professionals in the field.




This information is meant to be a general summary of Hsra 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
$669,255 (2022)
Expenses
$582,442 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $272
  • Program Service Revenue: $668,983
  • Gross Receipts: $669,255

Assets and Liabilities:

  • Total Assets: $6,815,650
  • Total Liabilities: $7,376,001
  • Net Assets: -$560,351

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Programs

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

SCHOOL BUILDING RENTAL

Revenue

$668,983

Organization Details

Founding Year

2009

Principal Officer

Darryl Young

Main Address

1166 UNIVERSITY AVE W, ST PAUL, MN, 55104

NTEE Category

Code: B112 - Education

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