Overview
What is Hodgson Road Properties Inc Fka Oak Hill Montessori?
Hodgson Road Properties Inc, formerly known as Oak Hill Montessori, is a Minnesota-based nonprofit corporation, fully functioning under the state's Chapter 317A regulations. Their primary objective is to own, manage, and maintain a property, including the facility and grounds, which is leased to a Minnesota public charter school, offering education from prekindergarten to grade 12. As of July 1, 2021, they have established a lease agreement with Oak Hill Montessori Community School, providing a well-maintained facility and grounds at a reasonable lease rate that aligns with or falls below current market values. The nonprofit's mission underscores its commitment to supporting the educational needs of Minnesota's youth by providing a suitable environment for a public charter school.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Stars
Hodgson Road Properties Inc, formerly known as Oak Hill Montessori, has achieved an impressive 92% rating from Charity Navigator, reflecting strong performance in Accountability and Finance. This score is significant as it indicates the organization’s commitment to transparency and effective financial management, which are crucial for fostering donor trust and ensuring sustainability.
The nonprofit demonstrates robust governance with a fully independent board of directors, highlighted by a score of 100% for independent members. The organization has implemented comprehensive policies, including conflict of interest and whistleblower protections, which further enhance its accountability framework. Additionally, a high program expense ratio of 84.07% signifies that the majority of its funds are directed toward mission-related activities.
While the organization performs well overall, there is a noted liabilities to assets ratio of 52.46%, which, although reasonable, could suggest some financial caution moving forward. Overall, Hodgson Road Properties Inc shows strong organizational strengths in governance and financial health, positioning itself effectively in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Hodgson Road Properties Inc Fka Oak Hill Montessori legitimate?
Hodgson Road Properties Inc Fka Oak Hill Montessori is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hodgson Road Properties Inc Fka Oak Hill Montessori 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: $8,018
For more financial information, click here
What is the mission statement of Hodgson Road Properties Inc Fka Oak Hill Montessori?
Hodgson Road Properties Inc, formerly known as Oak Hill Montessori, is dedicated to owning, managing, and maintaining a property, encompassing both the facility and the grounds. This property is intended to be leased by a Minnesota public charter school, catering to students from prekindergarten to grade 12. The mission of Hodgson Road Properties Inc is to provide a well-maintained facility and grounds at a reasonable lease rate, which is competitive with current market values. The primary objective is to establish a long-term lease with Oak Hill Montessori Community School, ensuring the property remains fully functional as a Minnesota nonprofit corporation under Chapter 317A of the state statute.
Who is the CEO of Hodgson Road Properties Inc Fka Oak Hill Montessori?
Jennifer Martini is the Board Chair of Hodgson Road Properties Inc Fka Oak Hill Montessori.
What is the revenue of Hodgson Road Properties Inc Fka Oak Hill Montessori?
Hodgson Road Properties Inc Fka Oak Hill Montessori's revenue in 2022 was $686,457.
Who are the executives of Hodgson Road Properties Inc Fka Oak Hill Montessori and what are their salaries?
The average compensation at Hodgson Road Properties Inc Fka Oak Hill Montessori during 2022 was $8,018. There is 1 employee and 3 volunteers at Hodgson Road Properties Inc Fka Oak Hill Montessori.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hodgson Road Properties Inc Fka Oak Hill Montessori?
Hodgson Road Properties Inc Fka Oak Hill Montessori's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hodgson Road Properties Inc Fka Oak Hill Montessori
Hodgson Road Properties Inc, formerly known as Oak Hill Montessori, is committed to owning, managing, and maintaining a property, including both the facility and its grounds. This property is then leased to a Minnesota public charter school, catering to students from prekindergarten through grade 12. The organization operates under Minnesota Statute Chapter 317A, functioning as a nonprofit corporation. Hodgson Road Properties Inc ensures that the facility and grounds are well-maintained, providing a suitable environment for the charter school. Furthermore, the nonprofit offers a reasonable lease rate, ensuring that it remains competitive with current market values.
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Impact
July, 2024
Hodgson Road Properties Inc, formerly known as Oak Hill Montessori, has a significant impact in providing a well-maintained facility and grounds for Oak Hill Montessori Community School, a Minnesota Public Charter School serving Prekindergarten through Grade 12 students. By owning, managing, and maintaining the property leased by the school, Hodgson Road Properties Inc ensures that the educational institution has a conducive environment for learning and development. This support allows Oak Hill Montessori Community School to focus on its mission of providing quality education to its students, ultimately contributing to the educational advancement of the community.
This information is meant to be a general summary of Hodgson Road Properties Inc Fka Oak Hill Montessori. 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: $42,339
- Program Service Revenue: $318,452
- Gross Receipts: $719,118
Assets and Liabilities:
- Total Assets: $3,259,417
- Total Liabilities: $1,687,768
- Net Assets: $1,571,649
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING RENTAL
Revenue
$228,879
SUMMER PROGRAM REVENUE
Revenue
$89,573
Organization Details
Founding Year
1964
Phone
(651) 484-8242Principal Officer
Jennifer Martini
Main Address
509 CAROL DRIVE, VADNAIS HEIGHTS, MN, 55127
NTEE Category
Code: B21 - Education
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