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Community Capital Inc

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

EIN: 412004219 ✦ Henderson, MN ✦ Designated as a 501(c)(3)

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Overview

What is Community Capital Inc?

Community Capital Inc is a nonprofit organization situated in Henderson, Minnesota, specifically at 815 Minnesota Street. Their primary mission is to support Minnesota New Country School, a learning institution that caters to around 215 students. The nonprofit's role involves purchasing, renovating, and managing properties for this school. Additionally, Community Capital Inc serves as an assistant to other organizations, helping them implement project-based learning approaches.

Is Community Capital Inc legitimate?

Community Capital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Capital Inc 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: $2,745
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Community Capital Inc?

Community Capital Inc's mission is centered around supporting organizations, specifically in providing project-based learning. In essence, their goal is to help these organizations effectively implement project-based learning methodologies. One of their key initiatives involves the acquisition, renovation, and operation of properties to support the Minnesota New Country School, a educational institution serving around 215 students. This school-focused activity is just one aspect of Community Capital Inc's broader mission to assist organizations in their project-based learning endeavors.

Who is the CEO of Community Capital Inc?

Kristin Prososki is the President of Community Capital Inc.

What is the revenue of Community Capital Inc?

Community Capital Inc's revenue in 2022 was $346,762.

Who are the executives of Community Capital Inc and what are their salaries?

There 6 volunteers at Community Capital Inc.


Here are 5 key members and their salaries:


Kristin Prososki (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shellie Segler (Treasurer)
  • Compensation: $2,745
  • Related: $0
  • Other: $0
Becky Pollack (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Pilling (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Reinitz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Community Capital Inc?

Community Capital Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Community Capital Inc

Community Capital Inc, a supporting organization, is committed to helping entities in providing project-based learning. Their primary mission is to facilitate the acquisition, renovation, and operation of properties for Minnesota New Country School, an educational institution serving around 215 students. By undertaking these tasks, Community Capital Inc aims to assist in the delivery of an innovative and hands-on learning experience for the students, ultimately contributing to their overall development.

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Impact




October, 2024

Community Capital Inc significantly impacts education by supporting Minnesota New Country School through the acquisition, renovation, and operation of essential properties. Serving approximately 215 students, this organization plays a crucial role in enhancing the learning environment, enabling project-based education that fosters student engagement and creativity. By focusing on such initiatives, Community Capital Inc empowers the school to provide innovative educational experiences that prepare students for future challenges and opportunities. The emphasis on project-based learning not only enriches the curriculum but also cultivates critical thinking and collaboration skills among students, promoting a more hands-on approach to education in Henderson, MN.




This information is meant to be a general summary of Community Capital Inc. 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
$346,762 (2022)
Expenses
$225,355 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8
  • Program Service Revenue: $346,754
  • Gross Receipts: $346,762

Assets and Liabilities:

  • Total Assets: $2,712,248
  • Total Liabilities: $1,168,250
  • Net Assets: $1,543,998

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Programs

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

Rents

Revenue

$346,754

Organization Details

Founding Year

2001

Principal Officer

Kristin Prososki

Main Address

815 Minnesota Street, Henderson, MN, 56044

NTEE Category

Code: B11 - Education

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