Overview
What is Shpa Abc Building Company?
Shpa Abc Building Company is a nonprofit organization established with the primary objective of acquiring a facility for Seven Hills Preparatory Academy, a Minnesota-based public charter school. The organization's mission is centered around purchasing, owning, constructing, or leasing a public schoolhouse on real estate, which is then leased back to Seven Hills Preparatory Academy. This collaboration aims to provide an appropriate educational space for the school, thereby contributing to the educational landscape in Minnesota. The organization's address is located at 8600 Bloomington Avenue South, Bloomington, Minnesota, 55425.
Is Shpa Abc Building Company legitimate?
Shpa Abc Building Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shpa Abc 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 Shpa Abc Building Company?
The Shpa ABC Building Company was established with the primary objective of acquiring a facility for Seven Hills Preparatory Academy, a Minnesota public charter school. This entity intends to purchase, own, construct, or lease a public schoolhouse on leased real estate for the use of Seven Hills Preparatory Academy. The organization's mission is centered around providing a suitable learning environment for this Minnesota-based public charter school.
Who is the CEO of Shpa Abc Building Company?
Ryan Grutsch is the Board Chair of Shpa Abc Building Company.
What is the revenue of Shpa Abc Building Company?
Shpa Abc Building Company's revenue in 2022 was $950,614.
Who are the executives of Shpa Abc Building Company and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $75,796
- Other: $32,121
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $72,197
- Other: $23,589
Where can I find the form 990 for Shpa Abc Building Company?
Shpa Abc Building Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shpa Abc Building Company
Shpa Abc Building Company, as an organization, was established with a specific mission in mind. Its primary objective is to purchase, own, construct, or lease a public schoolhouse for Seven Hills Preparatory Academy, a Minnesota-based public charter school. This mission serves as a vehicle to provide the necessary facilities for the school, enabling it to continue its educational services effectively. The organization's primary exempt purpose aligns with this mission, focusing on acquiring and managing the schoolhouse, ultimately leasing it to Seven Hills Preparatory Academy. By doing so, Shpa Abc Building Company contributes to the educational landscape, ensuring that a quality learning environment is available for the students of Seven Hills Preparatory Academy.
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Impact
October, 2024
Shpa Abc Building Company plays a significant role in enhancing educational opportunities by acquiring and managing facilities specifically for Seven Hills Preparatory Academy, a public charter school in Minnesota. By focusing on the purchase, construction, and leasing of a dedicated schoolhouse, the organization ensures that the school has a stable and conducive environment for learning. This effort directly supports the educational mission of Seven Hills Preparatory Academy, providing students with access to quality facilities that foster academic growth and community engagement. Through its activities, Shpa Abc Building Company contributes to the overall development of education in Bloomington, MN, by enabling innovative learning experiences and strengthening the local educational landscape.
This information is meant to be a general summary of Shpa Abc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,011
- Program Service Revenue: $949,603
- Gross Receipts: $950,614
Assets and Liabilities:
- Total Assets: $13,779,471
- Total Liabilities: $14,417,651
- Net Assets: -$638,180
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$949,603
Organization Details
Founding Year
2006
Phone
(651) 287-0890Principal Officer
Ryan Grutsch
Main Address
8600 BLOOMINGTON AVENUE SOUTH, BLOOMINGTON, MN, 55425
NTEE Category
Code: B11 - Education
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