Overview
What is Linton Stockton High School Building Corp?
Linton Stockton High School Building Corp is a nonprofit organization, established in Linton, Indiana. Their primary objective is to procure a suitable site for a school building and construct a fitting structure. Once completed, this high school building is leased to a school corporation. The organization finances this project through the sale of bonds, in addition to its nonprofit purpose. The corporation's mission is to contribute to the educational landscape of Linton, Indiana, providing a conducive learning environment for the community's students.
Is Linton Stockton High School Building Corp legitimate?
Linton Stockton High School Building Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Linton Stockton High School Building Corp 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:
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What is the mission statement of Linton Stockton High School Building Corp?
Linton Stockton High School Building Corp's mission is centered around acquiring an appropriate site for a school building and constructing a suitable structure. Once completed, the corporation leases this high school building to a school corporation. In addition to this primary objective, the corporation has also resorted to issuing and selling bonds to finance the construction process.
Who is the CEO of Linton Stockton High School Building Corp?
Jim Jackson is the President of Linton Stockton High School Building Corp.
What is the revenue of Linton Stockton High School Building Corp?
Linton Stockton High School Building Corp's revenue in 2022 was $1,524,594.
Who are the executives of Linton Stockton High School Building Corp and what are their salaries?
There 5 volunteers at Linton Stockton High School Building Corp.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Linton Stockton High School Building Corp?
Linton Stockton High School Building Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Linton Stockton High School Building Corp
Linton Stockton High School Building Corp is a nonprofit organization with a clear mission. Its primary objective is to secure an appropriate site for a high school building and construct a suitable structure on it. Once completed, the corporation leases this high school building to a school corporation. Beyond this core purpose, the corporation also engaged in bond issuance and sales to finance the construction process. In essence, Linton Stockton High School Building Corp plays a crucial role in facilitating the establishment of a high school building, ensuring that it is located in an appropriate site and meets the necessary standards, and then making it available for educational use.
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Impact
October, 2024
Linton Stockton High School Building Corp significantly impacts the educational landscape by facilitating the construction of essential facilities for high school education in Linton, Indiana. By acquiring appropriate sites for school buildings and overseeing the erection of suitable structures, the organization ensures that students have access to adequate learning environments.
The corporation plays a critical role in financing these construction projects through the issuance and sale of bonds, thereby enabling the development of schools that meet modern educational standards. By leasing these buildings to the school corporation, they provide a sustainable solution to housing educational programs and resources. This not only enhances the quality of education available to local students but also fosters community growth and supports the future workforce. Overall, the efforts of Linton Stockton High School Building Corp contribute to a robust educational framework that benefits students, educators, and the wider community.
This information is meant to be a general summary of Linton Stockton High School Building Corp. 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: $394
- Gross Receipts: $1,524,594
Assets and Liabilities:
- Total Assets: $24,546,712
- Total Liabilities: $9,845,452
- Net Assets: $14,701,260
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Organization Details
Founding Year
1999
Phone
(812) 847-6020Principal Officer
Jim Jackson
Main Address
801 1ST STREET NE, LINTON, IN, 47441
NTEE Category
Code: B25 - Education
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