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Higher Ground Building Co

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

EIN: 411933761 ✦ St paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is Higher Ground Building Co?

Higher Ground Building Co is a nonprofit organization located at 1381 Marshall Ave, St Paul, MN 55104. Their primary mission is to provide a suitable educational facility for Higher Ground Academy, a Minnesota charter school. They accomplish this by purchasing, constructing, and managing a building that Higher Ground Academy then leases for its operations. During the fiscal year ending in June 2022, the school served approximately 1,020 students. The nonprofit's role is essential in ensuring Higher Ground Academy has an adequate learning environment, contributing to the education of this significant number of students in the community.


Official website here: www.hgacademy.org

Is Higher Ground Building Co legitimate?

Higher Ground Building Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Higher Ground Building Co 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


Official website here: www.hgacademy.org

What is the mission statement of Higher Ground Building Co?

Higher Ground Building Co's mission is centered around managing a building for leasing to its beneficiary organization, Higher Ground Academy. The primary objective of Higher Ground Building Co is to provide an educational facility for a public school, enabling it to rent or lease the space for educational purposes. This involves the purchase, construction, and management of real estate, with the aim of supporting the operations of Higher Ground Academy, a Minnesota charter school that served approximately 1,020 students during the fiscal year ending June 30, 2022.


Official website here: www.hgacademy.org

Who is the CEO of Higher Ground Building Co?

Abdille Mohammed is the Chair of Higher Ground Building Co.


Official website here: www.hgacademy.org

What is the revenue of Higher Ground Building Co?

Higher Ground Building Co's revenue in 2022 was $1,883,486.


Official website here: www.hgacademy.org

Who are the executives of Higher Ground Building Co and what are their salaries?

There 3 volunteers at Higher Ground Building Co.


Here are 3 key members and their salaries:


Sharon Cornely (Member)
  • Compensation: $0
  • Related: $102,828
  • Other: $7,862
Neliya Tkachenko (Member)
  • Compensation: $0
  • Related: $60,473
  • Other: $8,098
Abdille Mohammed (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hgacademy.org

Where can I find the form 990 for Higher Ground Building Co?

Higher Ground Building Co's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hgacademy.org

Learn more at the official website: www.hgacademy.org

Mission Statement of Higher Ground Building Co

Higher Ground Building Co, as a mission-driven entity, is dedicated to providing an educational facility for a public school. This beneficiary organization, Higher Ground Academy, operates as a Minnesota charter school, serving approximately 1,020 students annually. Higher Ground Building Co's role is to manage and maintain a building suitable for lease to this educational institution. Its purpose is to ensure that Higher Ground Academy has a conducive learning environment, thereby supporting the educational pursuits of its students. The company's activities encompass the purchase, construction, and ongoing management of a building, all tailored to meet the needs of Higher Ground Academy. In essence, Higher Ground Building Co is committed to providing a stable and suitable educational infrastructure for its beneficiary organization, Higher Ground Academy.

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Impact




October, 2024

Higher Ground Building Co significantly contributes to the educational landscape of St. Paul, Minnesota, by managing a dedicated facility for Higher Ground Academy, a charter school serving approximately 1,020 students. By purchasing, constructing, and managing real estate, it ensures that the school has a reliable, well-maintained space to support its educational mission. This focus on providing a high-quality learning environment not only enhances the operational capabilities of Higher Ground Academy but also positively impacts the local community by fostering education and personal development for students. Through these efforts, Higher Ground Building Co plays a vital role in community improvement, ensuring that future generations have access to essential educational resources.




This information is meant to be a general summary of Higher Ground Building Co. 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
$1,883,486 (2022)
Expenses
$2,062,490 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $882
  • Program Service Revenue: $1,882,604
  • Gross Receipts: $1,883,486

Assets and Liabilities:

  • Total Assets: $19,367,499
  • Total Liabilities: $24,905,212
  • Net Assets: -$5,537,713

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Programs

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

Rent Revenue

Revenue

$1,882,604

Organization Details

Founding Year

1999

Principal Officer

Abdille Mohammed

Main Address

1381 Marshall Ave, St Paul, MN, 55104

NTEE Category

Code: S47 - Community improvement

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