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High Point Academy Building Corporation

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

EIN: 271433368 ✦ Aurora, CO ✦ Designated as a 501(c)(3)

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Overview

What is High Point Academy Building Corporation?

High Point Academy Building Corporation is a nonprofit entity, headquartered unspecified, dedicated to supporting High Point Academy Charter School. Its primary function is to manage the issuance and repayment of debts related to the school's building costs and related financial obligations. This organization serves as a crucial financial intermediary for the charter school, ensuring its ability to maintain and improve its facilities while managing its debt commitments effectively.

Is High Point Academy Building Corporation legitimate?

High Point Academy Building Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. High Point Academy Building Corporation 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 High Point Academy Building Corporation?

The High Point Academy Building Corporation serves as a facilitator, responsible for issuing and managing debt on behalf of High Point Academy Charter School. Its primary mission is to support the school's financial needs, particularly in relation to building expenses and debt servicing. The corporation's activities are geared towards ensuring the school has the necessary financial mechanisms to manage its debts effectively. This, in turn, enables High Point Academy Charter School to focus on its educational mission without undue financial burden. The corporation's role is instrumental in maintaining the school's financial stability, thereby ensuring continued academic operations.

Who is the CEO of High Point Academy Building Corporation?

Meredith Stolte is the Director (Former) of High Point Academy Building Corporation.

What is the revenue of High Point Academy Building Corporation?

High Point Academy Building Corporation's revenue in 2022 was $435,709.

Who are the executives of High Point Academy Building Corporation and what are their salaries?


Here are 2 key members and their salaries:


Keren Melmed (Director (Former))
  • Compensation: $0
  • Related: $117,576
  • Other: $29,439
Meredith Stolte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for High Point Academy Building Corporation?

High Point Academy Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of High Point Academy Building Corporation

High Point Academy Building Corporation, as a nonprofit entity, is dedicated to providing a solution for facilitating and managing debt on behalf of High Point Academy Charter School. Its primary mission is to serve as an intermediary, ensuring the issuance and repayment of debt related to the charter school's building costs and related financial obligations. By assuming this role, the Building Corporation aids in maintaining the financial stability and growth of the Charter School, ultimately contributing to the provision of quality education for its students.

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Impact




October, 2024

High Point Academy Building Corporation plays a crucial role in supporting the educational landscape by facilitating financial mechanisms that enable the construction and maintenance of essential facilities for High Point Academy Charter School. By issuing and managing debt, the Corporation ensures that the school has the necessary resources to build and enhance its physical infrastructure, ultimately fostering a conducive learning environment for students in Aurora, CO.

By providing this financial support, High Point Academy Building Corporation enables the school to allocate more resources towards educational programs and initiatives, thereby directly impacting the quality of education and student experience. The Corporation's work ensures that the school can maintain and expand its facilities, which is vital for accommodating students and supporting diverse educational needs. Through its focused mission, the Corporation significantly contributes to the growth and sustainability of High Point Academy, enhancing educational opportunities within the community.




This information is meant to be a general summary of High Point Academy Building Corporation. 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
$435,709 (2022)
Expenses
$1,040,276 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,914
  • Program Service Revenue: $433,795
  • Gross Receipts: $435,709

Assets and Liabilities:

  • Total Assets: $8,351,350
  • Total Liabilities: $10,000,952
  • Net Assets: -$1,649,602

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Programs

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

Lease Revenue

Revenue

$433,795

Organization Details

Founding Year

2009

Principal Officer

Meredith Stolte

Main Address

6750 N Dunkirk Street, Aurora, CO, 80019

NTEE Category

Code: B112 - Education

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